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The National Chicken Council asks the Food and Drug Administration and U.S. Department of Agriculture for clearer guidance and strict enforcement of misleading product labels.
WASHINGTON, June 28, 2022 /PRNewswire/ -- The National Chicken Council (NCC) today announced findings from a recent national survey* of Americans regarding consumer attitudes about chicken and plant-based 'chicken' alternatives. Survey participants included individuals who consume meat and animal products, along with flexitarians, vegetarians and vegans. The results indicate the majority of Americans want clearer product labeling and separate shopping sections for plant-based products.
"When shopping for chicken to grill this Fourth of July weekend, people shouldn't have to waste time at the grocery store dissecting whether they're about to purchase real chicken or an imitation product, let alone discover they've wound up with the wrong product when they get home," said NCC Senior Vice President of Communications, Tom Super. "This study shows there is overwhelming support for clearer packaging and separate store placement for imitation 'chicken,' and that the term 'chicken' should be reserved only for food products made from the actual animals."
One in five Americans (21 percent) have reported that they accidentally purchased the plant-based product, believing it to be real chicken. Consumers who have experienced such confusion point to plant-based packaging and labeling as imitating those of authentic chicken products too closely. Only 14 percent of Americans think that 'chicken' is the appropriate name for plant-based 'chicken.' 69 percent of Americans agree the term 'meat' should only refer to products made from animals.
Even among consumers who have not accidentally purchased the wrong item, there is still support for distinct product labeling. Four in five Americans (81 percent of chicken consumers, along with 86 percent of vegetarians and vegans), want plant-based options to clearly be labeled. At least three in five Americans (62 percent of chicken consumers along with 80 percent of vegetarians and vegans) feel real chicken and plant-based 'chicken' should have their own distinct grocery sections at the store to help eliminate product confusion.
Survey results also indicate that consumers, including those who eat plant-based 'chicken,' prefer authentic chicken for taste, affordability and cooking versatility.
In recent years, grocery shelves and freezers have been flooded with varieties of plant-based proteins that do not contain any amount of poultry, yet bear the name 'chicken' on their labels, implying the product is derived from animals and contains real chicken meat. Considering this, and in light of these new survey findings, NCC has written to the leadership of both the Food and Drug Administration (FDA) and U.S. Department of Agriculture (USDA) to urge the agencies to issue clearer guidance defining how to name these plant-based products and prioritize enforcement for products marketed in a misleading manner. NCC has also submitted official comments and the survey results to FDA Docket 2021-N-0553, "Labeling of Plant-Based Alternatives to Animal-Derived Foods."
According to the comments, NCC is concerned that plant-based proteins marketed as 'chicken' are misbranded under the Federal Food Drug and Cosmetic Act because their labeling misleadingly indicates that the products contain real chicken meat and are nutritionally comparable to real chicken meat. In fact, neither is true.
Additionally, NCC highlighted that the USDA Food Safety and Inspection Service has long overseen a well-established set of regulations and policies for how poultry products are supposed to be labeled, and the Poultry Products Inspection Act likewise prohibits the labeling of products in a false or misleading manner, as well as the marketing of one food under the name of another.
The NCC comments can be read in their entirety by clicking here.
Source:
*These findings are derived from an online survey of a nationally representative sample of 1,164 American consumers, including 767 individuals who regularly eat meat, 352 flexitarians, 125 vegetarians and 75 vegans, that was fielded between April 27 and May 8, 2022 at the 95% confidence level with a margin of error of +/-3.1%.
About The National Chicken Council
The National Chicken Council (NCC) is the national, non-profit trade association whose primary purpose is to serve as the advocate and voice for the U.S. broiler chicken industry in Washington, D.C. The Council's mission is to: influence important legislative and regulatory policies and government programs that affect chicken; communicate with Washington policymakers and the media about chicken production, processing and products; affect domestic and international trade policy to maintain and expand foreign markets for U.S. chicken; and promote and protect the image and reputation of the industry. Find out more information at NationalChickenCouncil.org and follow us on Twitter.
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SOURCE The National Chicken Council | https://www.wibw.com/prnewswire/2022/06/28/nationwide-survey-reveals-81-percent-americans-want-clearer-product-labeling-plant-based-chicken/ | 2022-06-28T19:04:55Z |
Surveillance cameras catch men stealing cars from repair shop, link suspects to other car thefts
By Betsy Webster
Click here for updates on this story
OVERLAND PARK, Kansas (KCTV) — Surveillance video of thieves driving cars straight out of an auto shop in the middle of the night has helped police identify a man suspected in a string of auto thefts in multiple metro cities.
The owner of Burnett Automotive said the thieves broke the glass on the front door of his 148th and Metcalf location at about 2 a.m. on Friday, opened the bays from the inside, and drove off with a pickup and a Jeep.
“I’m super pissed off,” said shop owner Conrad Knipp
Burnett Automotive has been in business since 1967. They work on about 1,500 cars at week at their six metro locations. They’ve had catalytic converters taken but never entire cars. After the initial shock, he had to notify customers.
“Calling and saying, ‘Hey, we’ve had possession of your vehicle, and we’ve lost possession of that,’ that’s about the worst feeling you can have as a shop owner because, you know, we’re here to fix the cars and make them better not lose them,” said Knipp.
He has 16 cameras in each store. They captured 4K video of two men taking off with a silver 2004 Chevy Silverado, then a red Jeep Wrangler, backing them out one at a time through the bay doors. Knipp posted the video and still shots of one of the men on Stolen KC’s Facebook page and quickly got a name.
“The people running the Facebook site immediately named him. They knew him from way back when,” said Knipp.
“There are warrants out for his arrest, the person that we are looking at, and it’s just a matter of time,” said Officer John Lacy with the Overland Park Police Department.
One other thing Knipp’s cameras captured was a U-Haul pulling in. Turns out it was stolen from a home in Lee’s Summit from from a woman who was moving. The woman commented on Knipp’s Facebook post, then Lee’s Summit police contacted him about the video.
“They had loaded all their stuff and were leaving the next morning, came out and the U-Haul’s gone. Yeah. Can you imagine? That’s awful,” Knipp said of the woman’s ordeal.
Knipp’s video helped police locate the U-Haul near his shop by following a series of traffic cameras. Her things were gone, but police have gathered evidence.
“We did process that vehicle and obtained DNA, fingerprints, things of that sort,” said Lacy.
Police found the stolen Jeep Monday morning, damaged but able to be repaired at a body shop. They’re still looking for the pickup and the man they’ve identified.
After talking with Kansas City, Overland Park and Lee’s Summit police detectives and seeing them interact with each other, Knipp is confident they’ll get it done.
“They all know each other,” he remarked. “It’s pretty impressive how they work all together.”
Knipp said his customers have been understanding. Now he’s using this as a learning moment, working to evaluate how he can improve security beyond the cameras.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/12/surveillance-cameras-catch-men-stealing-cars-from-repair-shop-link-suspects-to-other-car-thefts/ | 2022-04-12T22:52:56Z |
Funding to Advance Novel Treatments and Strengthen MECC's Robust Patient Navigation Program
BRONX, N.Y., Sept. 15, 2022 /PRNewswire/ -- The American Cancer Society (ACS) has awarded Montefiore Einstein Cancer Center (MECC) more than $2.1 million to support cancer research and reduce individual and systematic barriers that prevent people from accessing cancer care.
Approximately 40% of people born in the United States will receive a cancer diagnosis. In the Bronx—the nation's poorest urban county where 29.7% of residents live below the poverty line—MECC sees more than 3,500 people with new cancer diagnoses each year. Bronx residents are more likely to be diagnosed at later stages of disease, compared to the national average. This disparity is consistent with other historically marginalized communities and is an area of active research at the cancer center.
Developing New Cancer Treatments
The largest ACS grants—for $792,000 and $660,000—support research by Haiying Cheng, M.D., Ph.D., and Kira Gritsman, M.D., Ph.D., respectively. Dr. Cheng, a member of MECC and associate professor of oncology and of medicine at Albert Einstein College of Medicine, focuses on people with lung cancer, the majority of whom develop metastatic disease. She found that a gene called RICTOR is amplified in a group of lung cancer patients who face a high risk that their lung tumors will spread to the brain. With her ACS grant, Dr. Cheng hopes to determine if targeting RICTOR can treat lung cancer metastases or even prevent them from forming.
In studies of blood cancers called myeloproliferative neoplasms (MPNs), Dr. Gritsman, co-leader of MECC's stem cell and cancer biology research program and professor of oncology, of medicine, and of cell biology at Einstein, found that crizotinib—a drug approved for treating lung cancer—proved effective in a people with a type of MPN. The ACS support assists her lab in determining if crizotinib prevents out-of-control blood-cell division in mouse models of MPN, with the goal of moving the drug swiftly into clinical trials. In addition, she will investigate a protein inhibited by crizotinib, RON kinase, as a new target for MPN.
Addressing Socioeconomic Barriers
The ACS grants will also enable MECC to add navigators to streamline appointments, such as imaging studies, lab assessments and treatments, for individuals with locally advanced, non-metastatic cancer who would benefit from neoadjuvant therapy (NAT), which is intended to shrink a tumor prior to surgery. This new initiative is particularly important in the Bronx, where only 60% of MECC's patients complete all intended NAT visits and up to 40% miss at least one due to treatment toxicity or socioeconomic factors.
"We pride ourselves on delivering the most research-driven cancer care, but if we don't fully understand and address the social factors that interfere with scheduling and attending appointments, we're never going to reach our ultimate goal – healing people so they can return to living their lives," said Edward Chu, M.D., M.M.S., director of the MECC; vice president for cancer medicine at Montefiore Health System; and the Carol and Roger Einiger Professor of Cancer Medicine and professor of medicine, of oncology, and of molecular pharmacology at Albert Einstein College of Medicine. "By deepening our partnership with the ACS, we're advancing our ability to recognize infrastructural biases, identify new treatments relevant to our community and provide the very best support to our patients and their families."
The ACS funding is also helping MECC tackle transportation barriers, which are strongly associated with no-show visits, and is adding more free cancer screenings and continuing education courses for doctors and nurses aimed at improving racial equity.
"As a nationwide leader in cancer education and advocacy, we are proud to partner with Montefiore Einstein Cancer Center to better understand the biology of cancer and how socioeconomic factors impact care access and cancer outcomes," said Connie Bordenga, MD, MS, Cancer Support Strategic Partnerships Manager at the American Cancer Society. "Our work in tackling inequities is only the beginning of a larger shift in how we as a country will redefine the future of cancer care."
About Montefiore Einstein Cancer Center
Montefiore Einstein Cancer Center (MECC) is a national leader in cancer research and care located in the ethnically diverse and economically disadvantaged borough of the Bronx, N.Y. MECC combines the exceptional science of Albert Einstein College of Medicine with the multidisciplinary and team-based approach to cancer care of Montefiore Health System. Founded in 1971 and a National Cancer Institute (NCI)-designated Cancer Center since 1972, MECC is redefining excellence in cancer research, clinical care, education and training, and community outreach and engagement. Its mission is to reduce the burden of cancer for all, especially people from historically marginalized communities.
About the American Cancer Society
The American Cancer Society is on a mission to free the world from cancer. We invest in lifesaving research, provide 24/7 information and support, and work to ensure that individuals in every community have access to cancer prevention, detection, and treatment. For more information, visit cancer.org.
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SOURCE Montefiore Einstein Cancer Center | https://www.wibw.com/prnewswire/2022/09/15/american-cancer-society-awards-21-million-montefiore-einstein-cancer-center-support-cancer-research-tackle-inequities/ | 2022-09-15T21:22:52Z |
MANSFIELD, Pa., Sept. 1, 2022 /PRNewswire/ -- The Board of Directors of Citizens Financial Services, Inc. (CZFS), the bank holding company for First Citizens Community Bank (FCCB), recently declared a cash dividend for its shareholders.
The cash dividend of $0.48 per share is payable on September 30, 2022 to shareholders of record at the close of business on September 16, 2022. This quarterly cash dividend is an increase of 3.1% over the regular cash dividend of $0.465 per share declared one year ago, as adjusted for the 1% stock dividend declared in June 2022.
"We believe that the recent uplisting of our stock to the Nasdaq Capital Market has complemented our demonstrated growth, and our consistent and dependable cash dividend payment is a reflection of our commitment to reward shareholders for their ownership," noted President and CEO, Randall Black.
Citizens Financial Services, Inc. is a $2.25 billion bank holding company conducting business through First Citizens Community Bank (FCCB). First Citizens Community Bank (FCCB) operates 31 offices in Pennsylvania, Delaware and New York.
For further information regarding the common stock of Citizens Financial Services, Inc., please contact any of the following firms: Automated Trading Desk, 866-283-2831; Boenning & Scattergood, Inc., 800-842-8928; Keefe, Bruyette & Woods, Inc., 800-342-5529; Monroe Securities Inc., 800-766-5560; Pershing LLC, 201-413-2700; RBC Capital Markets Corp., 800-959-5951; Sandler O' Neill & Partners, 212-466-8020; Stifel, Nicolaus & Co., Inc., 973-549-4200; UBS Securities, LLC, 203-719-8710.
Note: This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include operating, legal and regulatory risks; changing economic and competitive conditions and other risks and uncertainties.
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SOURCE Citizens Financial Services, Inc. | https://www.kxii.com/prnewswire/2022/09/01/citizens-financial-services-inc-declares-quarterly-cash-dividend/ | 2022-09-01T21:42:47Z |
NEW YORK, June 20, 2022 /PRNewswire/ -- Attention Teladoc Health, Inc. ("Teladoc") (NYSE: TDOC) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between October 28, 2021 and April 27, 2022.
If you suffered a loss on your investment in Teladoc, 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 Teladoc includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: August 5, 2022
Aggrieved Teladoc investors only have until August 5, 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/2022/06/20/class-action-alert-law-offices-vincent-wong-remind-teladoc-investors-lead-plaintiff-deadline-august-5-2022/ | 2022-06-20T11:11:39Z |
Rosmarie Trapp, whose family inspired ‘Sound of Music,’ dies
(AP) - Rosmarie Trapp, whose Austrian family the von Trapps was made famous in the musical and beloved movie “The Sound of Music,” has died.
She died Friday at the age of 93 at a nursing home in Morrisville, Vermont, Trapp Family Lodge announced. Her brother Johannes is president of the Stowe resort.
Rosmarie was the first daughter of Austrian naval Capt. Georg von Trapp and Maria von Trapp, and a younger half-sibling to the older von Trapp children portrayed on stage and in the movie. The family escaped from Nazi-occupied Austria in 1938 and performed singing tours throughout Europe and America. They settled in Vermont in the early 1940s and opened a ski lodge in Stowe.
“She traveled and performed with the Trapp Family Singers for many years, and worked at the Trapp Family Lodge in its infancy when the family first began hosting guests in their home,” Trapp Family Lodge said in a statement.
“Her kindness, generosity, and colorful spirit were legendary, and she had a positive impact on countless lives,” the statement said.
“The Sound of Music,” was based loosely on a 1949 book by Maria von Trapp. Georg von Trapp and his first wife, Agathe Whitehead von Trapp, had seven children. After his first wife died, Georg married Maria, who taught the children music.
Georg and Maria von Trapp had three more children, Rosmarie, Eleonore and Johannes, who were not portrayed in the movie. Eleonore “Lorli” von Trapp Campbell died in October in Northfield, Vermont.
When she became a U.S. citizen in 1951, she signed her name as Rosmarie Trapp, leaving out von, according to the lodge.
Rosmarie worked for five years as a missionary and teacher in Papua, New Guinea with her sister Maria, her relatives said. In Stowe, she was known for walking everywhere, frequently pulling her purchases home in a wagon or cart. She also wrote frequent letters to the local newspaper, where she was given her own space, “Rosmarie’s Corner,” for her stories, they said. She led sing-alongs, knitting circles, spun wool, owned multiple thrift shops and loved to teach people to sing, they said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/19/rosmarie-trapp-whose-family-inspired-sound-music-dies/ | 2022-05-19T17:30:00Z |
-- Revenue expected to increase in the third quarter of 2022 driven by increasing order volume from Servotronics' Advanced Technology Group --
ELMA, N.Y., Aug. 15, 2022 /PRNewswire/ -- Servotronics, Inc. (NYSE American – SVT) a designer and manufacturer of servo-control components and other advanced technology products today reported financial results for the second quarter ended June 30, 2022, including 12% growth in revenue.
The company reported second quarter 2022 net loss of $(810,000), or $(0.33) per diluted share. Second quarter 2021 net income of $1,186,000, or $0.49 per diluted share, included a $1.9 million or $0.62 per share contribution to earnings from government-provided employee retention credits (ERC) related to the Covid-19 pandemic.
"Following deep market declines resulting from the pandemic, we believe we are in the early stages of a strong recovery in our business related to the commercial aircraft market. This resulted in another quarter of revenue growth, which we expect to continue in the upcoming quarters," said Chief Executive Officer William F. Farrell, Jr. "The Servotronics team is focused on delivering on our growth and improving processes while we explore new opportunities for current products and new offerings. Servotronics is positioned very well for expected top and bottom line growth in existing and new markets. It is a great time to be part of the team!"
The 12% revenue growth in the second quarter of 2022 was attributed to the recovery of business within the commercial aircraft market for the Advanced Technology Group (ATG) and a shift in product mix toward higher-priced products at both the ATG and the Consumer Products Group (CPG). Consolidated revenues grew to $11.2 million in 2022 from $10.0 million as compared to the second quarter last year. ATG revenue grew to $8.7 million in 2022, increasing 11.8% from $7.8 million last year, and CPG revenue grew to $2.5 million in 2022, increasing 12.6% from $2.2 million in 2021.
Growth in consolidated revenue is expected to continue in the third quarter and second half of 2022 as compared to the same periods last year. This will be driven primarily by anticipated increases in ATG revenue and units shipped under long-term prime contracts and subcontracts.
Second quarter consolidated gross margin dropped to $1.2 million in 2022 from $1.9 in 2021. Gross margin as a percentage of revenue dropped to 10.4% in 2022, declining from 18.7% in last year's quarter. The primary contributors to the margin reduction were the discontinuation of the New York State Shared Work Program in the second half of 2021 and non-recurring expenses at the ATG which included the acceleration of obsoleting inventory due to market changes and a customer driven process change.
Lower second quarter 2022 selling, general and administrative expenses (SG&A) were driven by lower legal and professional fees at the ATG. Second quarter SG&A was $2.1 million in 2022, decreasing 6.2% from $2.2 million last year. Second quarter SG&A as a percentage of revenue improved to 18.4% in 2022 from 22.0% last year.
Servotronics second quarter operating loss was $0.9 million, an increase of $0.6 million from an operating loss of $0.3 million last year, as current year non-recurring expenses and the discontinuation of last year's non-recurring benefits were not fully offset by an increase in sales and a decrease in SG&A.
ABOUT SERVOTRONICS
The Company is composed of two groups – the Advanced Technology Group (ATG) and the Consumer Products Group (CPG). The ATG primarily designs, develops and manufactures servo controls and other components for various commercial and government applications (i.e., aircraft, jet engines, missiles, manufacturing equipment, etc.). The CPG designs and manufactures cutlery, bayonets, pocket knives, machetes and combat knives, survival, sporting, agricultural knives and other edged products for both commercial and government applications.
FORWARD-LOOKING STATEMENTS
This news release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this release, the words "project," "believe," "plan," "anticipate," "expect" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements involve numerous risks and uncertainties which may cause the actual results of the Company to be materially different from future results expressed or implied by such forward-looking statements. There are a number of factors that will influence the Company's future operations, including: uncertainties in today's global economy, including political risks, adverse changes in legal and regulatory environments, and difficulty in predicting defense appropriations, the introduction of new technologies and the impact of competitive products, the vitality of the commercial aviation industry and its ability to purchase new aircraft, the willingness and ability of the Company's customers to fund long-term purchase programs, and market demand and acceptance both for the Company's products and its customers' products which incorporate Company-made components, the Company's ability to accurately align capacity with demand, the availability of financing and changes in interest rates, the outcome of pending and potential litigation, the severity, magnitude and duration of the COVID-19 pandemic, including impacts of the pandemic and of businesses' and governments' responses to the pandemic on our operations and personnel, and on commercial activity and demand across our and our customers' businesses, and on global supply chains, the ability of the Company to obtain and retain key executives and employees and the additional risks discussed in the Company's filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management's analysis only as of the date hereof. The Company assumes no obligation to update forward-looking statements, whether as a result of new information, future events or otherwise.
SERVOTRONICS, INC. (SVT) IS LISTED ON NYSE America
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SOURCE Servotronics, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/15/servotronics-announces-financial-results-second-quarter-2022-including-12-growth-revenue/ | 2022-08-15T22:06:20Z |
If you need a sign other than pumpkin spice lattes that fall is in the air, look no further than the harvest moon.
Stargazers can view the moon beginning around sunset on Friday, and it will peak at 5:59 a.m. ET Saturday, according to NASA.
This lunar event is called the harvest moon because it is close to the fall equinox, a time when farmers often harvest their crops, NASA said.
In 2022, September's full moon is closest to the autumnal equinox, which falls on September 22, so it's called the harvest moon, according to The Old Farmer's Almanac. When October's full moon is closer to the equinox, it gets the name harvest moon, and September's is called the corn moon.
The harvest moon first emerges around sunset on Friday and rises 25 minutes later each day in the northern United States and 10 to 20 minutes later in Canada and Europe, according to The Old Farmer's Almanac. Once the moon moves into its next phase, it returns to its normal schedule of rising 50 minutes later each day.
Other full moons during the year remain on that 50-minute timeline, according to EarthSky.
The earlier rising time of the harvest moon happens in the Northern Hemisphere near the autumnal equinox when the moon's orbit is closest with the Eastern horizon, The Old Farmer's Almanac said. The moon's orbit moves about 12 degrees to the east each day, but because September's full moon is so close to the horizon, it rises sooner than usual, according to almanac.
Moonlight lasts from dawn to dusk for a few nights in a row, which gives farmers light to continue working at night, EarthSky said.
In the Southern Hemisphere, this effect occurs around the spring equinox in either March or April, according to EarthSky.
When the moon begins its ascent into the sky, it may look a burnt orange hue. This is because there is a thicker layer of the Earth's atmosphere along the horizon compared with directly above our heads, according to EarthSky.
That atmosphere acts as a filter, transforming the moon into the eerie color when it first emerges above the horizon.
The harvest moon may also appear larger in the sky compared with other full moons, but your eyes are playing a trick on you.
Any full moon will look bigger along the horizon, so the harvest moon's location close to the skyline makes this optical illusion more noticeable, EarthSky said.
Remaining events in 2022
Three more full moons will occur this year, according to The Old Farmer's Almanac:
• October 9: Hunter's moon
• November 8: Beaver moon
• December 7: Cold moon
Native American tribes have different names for the full moons, such as the Cheyenne tribe's "drying grass moon" for the one happening in September, and the Arapaho tribe's "popping trees" for the full moon occurring in December.
Catch the peak of these upcoming meteor shower events later this year, according to EarthSky's 2022 meteor shower guide:
• Draconids: October 8-9
• Orionids: October 20-21
• South Taurids: November 5
• North Taurids: November 12
• Leonids: November 17-18
• Geminids: December 13-14
• Ursids: December 22-23
And there will be one more total lunar eclipse and a partial solar eclipse in 2022, according to The Old Farmer's Almanac. The partial solar eclipse on October 25 will be visible to people in parts of Greenland, Iceland, most of Europe, northeast Africa, and western and central Asia.
The total lunar eclipse on November 8 can be seen in Asia, Australia, the Pacific, South America and North America between 3:02 and 8:56 a.m. ET. But for people in eastern North America, the moon will be setting during that time.
Wear proper eclipse glasses to view solar eclipses safely as the sun's light can damage the eyes.
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PLANO, Texas, Aug. 10, 2022 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading U.S. producer and co-packer of single serve coffee formats, today announced the closing of its previously announced underwritten public offering of 4,200,000 shares of its common stock at a public offering price of $0.82 per share. Gross proceeds before deducting underwriting discounts, commissions and other offering expenses are approximately $3.4 million.
Maxim Group LLC acted as sole book-running manager for the offering.
NuZee has granted the underwriter a 45-day option to purchase up to an additional 630,000 shares at the public offering price, less underwriting discounts and commissions.
The securities were offered pursuant to an effective shelf registration statement (including a prospectus) on Form S-3 (No. 333-248531) previously filed with and declared effective by the U.S. Securities and Exchange Commission (the "SEC"). The securities were offered only by means of a written prospectus and prospectus supplement that form a part of the effective registration statement. A final prospectus supplement describing the terms of the public offering has been filed with the SEC and is available on the SEC's website located at www.sec.gov. Electronic copies of the final prospectus supplement and accompanying prospectus relating to the public offering may be obtained by contacting Maxim Group LLC, 300 Park Avenue, New York, NY 10022, or by telephone at (212) 895-3745.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions 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. NuZee cautions you that such statements are simply predictions and actual events or results may differ materially. These statements reflect NuZee's current expectations and NuZee does not undertake to update or revise these forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied in this or other NuZee statements will not be realized. Further, these statements involve risks and uncertainties, many of which are beyond NuZee's control, which could cause actual results to differ materially from the forward-looking statements. These risks and uncertainties, many of which are beyond our control, include: NuZee's plan to obtain funding for its operations, including funding necessary to develop, manufacture and commercialize its products; the impact to NuZee's business from COVID 19, including supply chain interruptions; general market acceptance of and demand for NuZee's products; NuZee's reliance on third-party roasters to roast and blend coffee beans necessary to produce its products and provide its co-packing services; NuZee's ability to successfully achieve the anticipated results of strategic transactions; the fact that certain of NuZee's single serve coffee products are expected to be manufactured, processed and packaged for NuZee by its new partner on a purchase order basis pursuant to the agreement between the parties; the fact that sales are completed on a purchase order basis without any written agreement between NuZee and its customers; and NuZee's commercialization, marketing and manufacturing capabilities and strategy. For a description of additional factors that may cause NuZee's actual results, performance or expectations to differ from any forward looking statements, please review the information set forth in the 'Risk Factors' and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the NuZee's public reports and NuZee's other filings made with the SEC.
NuZee, Inc., (NASDAQ: NUZE) is a leading co-packing company for single serve coffee formats that partners with companies to help them develop within the single serve and private label coffee category.
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SOURCE NuZee, Inc. | https://www.kxii.com/prnewswire/2022/08/10/nuzee-announces-closing-34-million-underwritten-public-offering-common-stock/ | 2022-08-10T19:27:00Z |
NEW YORK, July 21, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMC, F, DB, AFIB, and LVS.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- AMC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AMC&prnumber=072120222
- F: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=F&prnumber=072120222
- DB: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=DB&prnumber=072120222
- AFIB: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AFIB&prnumber=072120222
- LVS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=LVS&prnumber=072120222
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/07/21/thinking-about-buying-stock-amc-entertainment-ford-motor-company-deutsche-bank-acutus-medical-or-las-vegas-sands/ | 2022-07-21T14:28:33Z |
Fog rolls into Topeka area early Friday, reducing visibility
TOPEKA, Kan. (WIBW) - Thick, patchy fog rolled into Topeka and vicinity early Friday, reducing visibility on some area roadways.
Around 5:45 a.m., fog had reduced visibility to less than a quarter-mile in portions of west Topeka.
The fog continued to linger in the area after sunrise on Friday.
There were no immediate reports of traffic issues caused by the fog, which was expected to burn off by later in the morning.
After several days of rain, Topekans should see highs around 80 degrees under sunny skies later in the day on Friday.
The warm weather is expected to continue through the Memorial Day weekend with highs in the upper-80s on Saturday and around 90 degrees both Sunday and Monday.
Stay connected to wibw.com and 13 NEWS for up-to-the-minute weather reports for Topeka and northeast Kansas.
Also, remember to download and use the WIBW Weather app for updates on the latest conditions.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/27/fog-rolls-into-topeka-area-early-friday-reducing-visibility/ | 2022-05-27T12:59:19Z |
Cruise ship smokestack catches fire in Turks & Caicos
Published: May. 26, 2022 at 1:41 PM CDT|Updated: 1 hours ago
SAN JUAN, Puerto Rico (AP) — The smokestack of a Carnival Cruise ship docked in the Turks & Caicos Islands has caught on fire, and officials let guests and crew members go ashore as heavy smoke billowed into the air.
Carnival said in a statement that no one was injured during Thursday’s incident in Grand Turk.
It wasn’t immediately clear what caused the fire.
Passengers filmed the incident.
The company said all guests and crew were safe.
The Carnival Freedom had departed Florida on Monday for a five-day cruise.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/26/cruise-ship-smokestack-catches-fire-turks-caicos/ | 2022-05-26T20:13:06Z |
Inc. recognizes LMS' three-year revenue growth rate of 172 percent, which places Northpass among America's fastest-growing private companies.
PARSIPPANY, N.J., Aug. 23, 2022 /PRNewswire/ -- Today, Northpass, the provider of the leading Customer Learning platform, announced that it has been recognized by Inc. as an Inc. 5000 company. The Inc. 5000 is the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment — independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names, gained their first national exposure as honorees on the Inc. 5000.
"It truly is an honor to be designated an Inc. 5000 company," said Northpass Founder & CEO, Steve Cornwell. "Since Northpass' inception, it's been a goal of mine to bring technological innovation back to the great state of New Jersey and grow a unique business. And, it's clear we're on our way as our best-in-breed Customer Learning platform is adopted by some of the world's largest and most innovative companies."
This news follows several other major Northpass accomplishments for 2022.
In January, Northpass announced it was the recipient of two Brandon Hall Group Excellence in Technology Awards for 2021. Northpass won Gold in the "Best Advance in Learning Management Technology (LMT) for External Training," category. Also, Northpass was awarded Bronze for the "Best Advance in Learning Management Technology."
Additionally, Northpass has been identified as a recipient of 23 badges — varying from "High Performer," to "Highest User Adoption," to "Best Support" — from G2 for Winter, Spring and Summer 2022.
And, in June, Northpass was designated an NJBIZ Best Place to Work for 2022. This marks the third consecutive year Northpass has received this recognition.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
Northpass is the provider of the leading Customer Learning platform that helps today's cutting-edge businesses deliver results. Northpass' Software-as-a-Service- (SaaS) based solution differentiates itself by being connected, fully customizable and is implemented by a customer-centric Support team. Today, Northpass powers learning programs for hundreds of companies, including: Compass, Freshworks, SPS Commerce, Talkspace, Uber and others. To learn more about Northpass, please visit: http://www.northpass.com.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
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SOURCE Northpass, Inc | https://www.wibw.com/prnewswire/2022/08/23/northpass-ranks-2022-inc-5000-annual-list/ | 2022-08-23T18:16:56Z |
PITTSBURGH, July 13, 2022 /PRNewswire/ -- The Advanced Leadership Institute (TALI) is pleased to announce the addition of three new board members—Robert DeMichiei, Scott Izzo, and Jessica Mitchell. Expanding the Board of Directors will contribute to organizational growth and the advancement of TALI's mission to cultivate Black executive leadership to strengthen companies, institutions, and communities.
TALI's board members play an important role in driving the organization's strategic vision. Each new board member has demonstrated a commitment to TALI and brings unique expertise to the Board of Directors:
- Robert DeMichiei –Retired EVP & Chief Financial Officer, UPMC. DeMichiei has successfully guided companies through complex change. In his previous role as UPMC's EVP and CFO, DeMichiei helped the organization grow and maintain fiscal soundness, and was instrumental in cultivating corporate diversity. He currently serves on several corporate boards and is the Board Chair of the United Way of Southwestern Pennsylvania. Before joining the TALI board, he previously served as an executive mentor for TALI's Executive Leadership Academy for four years. DeMichiei will now serve as the TALI Board Treasurer.
- Scott Izzo – Retired Director, Richard King Mellon Foundation. Izzo was at the helm of The Richard King Mellon Foundation since 2005 and was with the foundation since 1998. The Richard King Mellon Foundation is the largest foundation in Southwestern Pennsylvania, and one of the 50-largest in the world. As one of TALI's earliest supporters, Izzo brings invaluable knowledge and experience to the TALI board.
- Jessica Mitchell – SVP & Chief Financial Officer, Retail Banking, PNC Financial Services Group. Mitchell becomes the first TALI alum to serve on the Board of Directors. She is a graduate of the 2021 Executive Leadership Academy. In 2021, Mitchell received the Pittsburgh Business Time's prestigious CFO of the Year Award. Her corporate background, coupled with her insider experience as a TALI alum, will bring new insights to the TALI board.
TALI also announces that Lara Washington, President and CEO of Allegheny Housing Rehabilitation Corporation, has been appointed as the new Board Chair. Washington has been involved with TALI since it first started, serving as an advisory board member, TALI board member and Assistant Treasurer, and co-chairing the governance committee. In addition, she currently sits on the civic boards for the Allegheny Conference on Community Development, the Buhl Foundation, Carlow University, Vibrant Pittsburgh, and Landmarks Development Corp. Washington succeeds Marsha Jones, Retired Chief Diversity Officer, PNC Financial Services Group. Jones will stay on the board as Chair Emeritus.
"In addition to being incredibly talented and influential, each of our new board members has demonstrated a true commitment to TALI and its mission" says Evan Frazier, President and CEO of The Advanced Leadership Institute. "TALI is very fortunate to have an incredible 12-member board of directors now chaired by Lara Washington. Lara represents Black Excellence and has the dedication and leadership ability to help to guide TALI and its board into the future," according to Frazier.
"I am continuously inspired by TALI and the great strides it has made over the past several years. As board chair I am looking forward to continuing in this effort to elevate Black talent and build a pipeline of Black leaders," says Lara Washington. "With the addition of Robert DeMichiei, Scott Izzo, and Jessica Mitchell to the Board of Directors, I am excited to find ways to broaden TALI's impact and reach," adds Washington.
To view the full list of the TALI Board of Directors and learn more about TALI, visit taliinstiute.org.
The mission of The Advanced Leadership Institute is to cultivate Black executive leadership to strengthen companies, institutions, and communities. Its primary focus is to educate, develop, connect, and position Black leaders for executive advancement. TALI has a portfolio of leadership programs, which include the Executive Leadership Academy (a program for Black leaders with at least 10 years of work experience in corporate, nonprofit, government or entrepreneurial sectors); an Emerging Leaders Program (addressing the needs of Black leaders with a minimum of 3-5 years of professional work experience); and ongoing programming and support for TALI alumni.
The Advanced Leadership Institute is supported by major corporations and foundations in the Pittsburgh region, including Founding Underwriters: BNY Mellon Foundation of Southwestern Pennsylvania, Highmark Foundation, and Richard King Mellon Foundation; Excellence Partners: Henry L. Hillman Foundation and Highmark; Lead Contributors: BNY Mellon, Eden Hall Foundation, and The Heinz Endowments. Presenting Sponsors: Giant Eagle, Highmark Health, PNC, and UPMC. Gold Sponsors: Bank of America, Buchanan Ingersoll & Rooney PC, Covestro, Duquesne Light Company, FHL Bank Pittsburgh, Highmark Wholecare, Koppers, and Sheetz; Silver Sponsor: Wabtec; and Bronze Sponsors: CS McKee, Dollar Bank, Eat'n Park, EY, and Northwestern Mutual. For information about how you can be involved, visit www.taliinstitute.org.
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SOURCE The Advanced Leadership Institute | https://www.wibw.com/prnewswire/2022/07/13/tali-adds-three-new-distinguished-board-members-lara-washington-appointed-board-chair/ | 2022-07-13T15:41:43Z |
Faster access to Polygon USDC via the Circle Account and APIs enables businesses and developers to benefit from lower costs and faster settlement times
BOSTON, June 7, 2022 /PRNewswire/ -- Circle Internet Financial, LLC, a global financial technology firm that provides internet-based payments and financial infrastructure to businesses of all sizes, and the issuer of USD Coin (USDC), today announced support for Polygon USDC on Circle's payments and treasury platform. Developers building on Circle APIs will be able to more easily automate flows from fiat into Polygon USDC, a key feature for many emerging DeFi, payments, and NFT application use cases. Support within the Circle Account gives businesses, exchanges and institutional traders faster and easier access to Polygon USDC, including the ability to swap it for native USDC across eight other blockchain networks.
Polygon USDC is the first 'bridged' version of USDC to gain support on Circle's platform. The Circle Account will abstract away the costly and time-consuming process of bridging USDC from Ethereum to Polygon manually via the Polygon Bridge, enabling businesses to convert fiat currency to Polygon USDC in seconds, and easily convert back to fiat currency1.
Now, businesses and developers can use Circle's payments and treasury platform to easily accept payments in Polygon USDC, make programmatic global payouts, and manage accounts infrastructure for their customers. Institutional traders can automate access to Polygon USDC with a Circle Account for use in crypto capital markets.
"Polygon is an attractive entry point for businesses and developers to build in an established and liquid ecosystem with faster settlement times and reduced costs," said Jeremy Allaire, CEO and Co-founder of Circle. "Supporting Polygon USDC in the Circle Account and Circle APIs is another step toward making USDC interoperable across more leading blockchains, helping foster greater adoption for dollar digital currency on the internet."
Polygon is a leading layer-2 scaling solution for the Ethereum blockchain, which has the largest developer ecosystem and deepest liquidity across Web3. With the Polygon Bridge, users can access digital assets on Ethereum and take advantage of faster and more affordable transactions on Polygon's efficient network. Recently, Polygon pledged $20 million toward a series of community initiatives to combat climate change, with the goal to achieve carbon-negative status in 2022.
"We are excited to see one of the fastest growing dollar digital currencies in the space become available on Polygon," said Sandeep Nailwal, co-founder of Polygon. "Polygon USDC will enable businesses and exchanges in our ecosystem to expand the DeFi community further, providing their growing user base a seamless and cost-effective experience."
In addition to supporting bridged USDC on Polygon, Circle issues USDC natively on Algorand, Avalanche, Ethereum, Flow, Hedera, Solana, Stellar and TRON. With more than $54 billion in circulation2 as of June 1, 2022, USDC is one of the largest dollar digital currencies. Seamless interoperability within the growing multi-chain ecosystem aims to establish USDC as a standard means of value transfer across the internet.
Learn more about Polygon USDC or sign up for a Circle Account today.
1 As a bridged version of USDC, Polygon USDC is not directly redeemable for U.S. dollars; it must be 'unbridged' to be redeemed for U.S. dollars. When a Circle Account customer requests a withdrawal of U.S. dollars, Circle will automate the process of unbridging Polygon USDC back to Ethereum USDC, and redeem Ethereum USDC for U.S. dollars. This unbridging and redemption process is abstracted away from the customer and comes at no additional cost.
2 Existing circulation of USDC that is bridged from one blockchain to another (e.g. USDC bridged from Ethereum to Polygon) does not increase the total amount of USDC in circulation.
Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. Circle is the issuer of USD Coin (USDC), one of the fastest growing dollar digital currencies powering always-on internet-native commerce and payments. Today, Circle's transactional services, business accounts, and platform APIs are giving rise to a new generation of financial services and commerce applications that hold the promise of raising global economic prosperity for all through the frictionless exchange of financial value. Additionally, Circle operates SeedInvest, a leading startup fundraising platform in the U.S. Learn more at https://circle.com.
Polygon is the leading blockchain development platform, offering scalable, affordable, secure and sustainable blockchains for Web3. Its growing suite of products offers developers easy access to major scaling solutions including L2 (ZK Rollups and Optimistic Rollups), sidechains, hybrid, stand-alone and enterprise chains, and data availability. Polygon's scaling solutions have seen widespread adoption with 19,000+ decentralized applications hosted, 1.6B+ total transactions processed, 142M+ unique user addresses, and $5B+ in assets secured. Polygon is carbon neutral with the goal of leading the Web3 ecosystem in becoming carbon negative.
If you're an Ethereum Developer, you're already a Polygon developer! Leverage Polygon's fast and secure txns for your dApp, get started here.
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SOURCE Circle Internet Financial, LLC | https://www.wibw.com/prnewswire/2022/06/07/circle-announces-support-polygon-usdc-help-developers-seamlessly-build-transact-web3s-largest-ecosystem/ | 2022-06-07T15:34:27Z |
Insurance technology unicorn promotes Robby Allen to CRO, Jay Gaines to CMO, and Alex Leinweber to VP of Customer Success, with plans to double the team before end of year.
DENVER, April 6, 2022 /PRNewswire/ -- AgentSync, the technology company powering growth and innovation across the insurance industry, today announced the appointment of Robby Allen to Chief Revenue Officer, Jay Gaines to Chief Marketing Officer, and Alex Leinweber to Vice President of Customer Success. These promotions come on the heels of a $75 million Series B, which valued the company at more than $1.2 billion. With an ambitious growth plan and an aggressive roadmap ahead, these valued leaders will provide the strategic guidance and senior-level oversight needed to scale AgentSync and execute against the company vision.
"At AgentSync, we were lucky to find product-market fit quickly and build a strong foundation of sales, customer success, and marketing. As we've gained traction and interest in our product has increased across the insurance ecosystem, we've prioritized hiring and empowering talented leaders who will effectively usher the company into this next phase of growth," said Niji Sabharwal, Co-founder and Chief Executive Officer. "Robby, Jay, and Alex are passionate, visionary leaders who bring deep expertise in building out their functions. I look forward to our continued collaboration as we strive to bring excellent products and services to the insurance industry."
Robby Allen, Chief Revenue Officer
Allen joined AgentSync as the company's first sales team member and laid the foundation for the company's sales function. For the last two years, Allen has built the team from the ground up, from zero to more than thirty, with plans to end the year at sixty. In addition to building the infrastructure for an ever-scaling sales function, Allen has played a large part in recruiting, hiring, onboarding, and enabling the sales team members, all while surpassing revenue goals. The company reported 4x year-over-year ARR growth in FY22 following its $75 million Series B in December 2021, which valued the company at more than $1.2 billion. In his role as Chief Revenue Officer, Allen is responsible for working directly with customers and advisors as an advocate for the future of insurance infrastructure.
A seasoned sales executive, Allen got his start at Zenefits, where he and AgentSync cofounder Niji Sabharwal worked together. Allen led a team of 250 sales agents and helped open and scale the company's Scottsdale, AZ sales office. Allen later led sales for Flexport, where he was responsible for scaling the company's global expansion and developing the playbook for new market expansion. During his time at Flexport, he hired and built out sales functions and opened offices in new markets including New York, San Francisco, Los Angeles, Atlanta, Hong Kong, and Amsterdam.
"Insurance is an essential service in society, but the distribution of insurance is a massively fragmented and archaic process globally," said Allen. "I'm excited to lead the revenue team as we focus on connecting insurance distribution through our products, services, and existing customer network. When customers use AgentSync, they grow. Our seasoned sales team takes a team-based approach to designing long-term partnerships with our customers. This approach, combined with an industry-leading platform, has led to our revenue growth and, more importantly, 100% customer retention."
Jay Gaines, Chief Marketing Officer
Since joining AgentSync in 2021, Gaines has rapidly scaled and strategically built out the marketing function. With a focus on demand gen, product marketing, content, and events, Gaines has grown the team from 4 to 15, with plans to end the year at 17 marketing team members. The marketing team sourced more than 50% of AgentSync's new bookings last fiscal year, and has sourced more than 65% of pipeline opportunities in the current fiscal year. As Chief Marketing Officer, Gaines will focus on continuing to develop AgentSync's go-to-market strategy, reputation and brand awareness, and demand generation.
Gaines brings decades of deep marketing insights to the AgentSync senior leadership team. Prior to joining AgentSync, Gaines held multiple marketing leadership roles at both established and startup B2B companies. Most recently he was CMO at Forrester and Sirius Decisions, a global research and advisory firm that empowers the world's leading marketing, product, and sales leaders to align with one another, execute with precision, and accelerate growth. In addition to being responsible for all global marketing strategy, Gaines led SiriusDecisions' marketing executive services where he and his team acted as personal advisors to leading global CMOs to drive positive organizational change, validate decisions, innovate, benchmark, and challenge them to create the most effective, measurable and accountable marketing function possible.
"AgentSync is the most customer-focused company I've ever been part of," said Gaines. "The deep commitment to understanding customer needs and delivering value through innovative products, in addition to the genuine partnership forged with customers, is what drew me to the company and continues to excite me every day."
Alex Leinweber, Vice President of Customer Success
As one of the first 10 team members and first Denver hire, Alex is a founding member of the Customer Success team. He brings a wealth of experience with a heavy focus on operational rigor to the team and set the tone for our Customer Love company value. Alex's impact on the organization can be seen in the incredible team that he has assembled, the loyalty and partnership we have generated with our customer base, and in standing up our Implementation, Support, CSM, Autopilot, and Contracting Ops teams. With Alex stepping into a leadership role as VP of Customer Success, our customers will continue to be delighted by the deep partnership and always-on support his team provides.
Welcoming Experts Across the Company
AgentSync has been focused on hiring proven operators and experts across all teams and is pleased to welcome a number of senior team members to support critical functions.
Mary Moore-Simmons, Vice President of Engineering, joined AgentSync in October 2021. Moore-Simmons brings more than a decade of engineering experience to the team, most recently as Director of Engineering at GitHub
Cameron Nordholm, Head of Product, joined AgentSync in October 2021. Nordholm joined via the acquisition of his company Finvera, bringing more than five years of direct insurance industry experience and a deep passion and understanding for the challenges of data and identity in the space.
Julie Brahler, Head of Program Management, joined AgentSync in September of 2021 to found the Program function for AgentSync, spanning Product and Engineering as well as internal project needs. Brahler brings deep experience scaling the program function across public and private companies.
Ryan Ward, Director of Enterprise Sales, joined AgentSync in October 2021 to focus on Enterprise and Strategic accounts. Ward brings experience in insurance industry sales, most recently as the VP of Sales at Insurium, a policy administration system provider.
Jamey Sims, Director of Sales, recently joined AgentSync to focus on Commercial and Mid Market accounts. Sims brings both industry experience having worked in sales leadership for Vertafore, and most recently was VP of Sales at Conga, a revenue lifecycle management solution.
Joni Castorino, Senior Director of Product Marketing, joined AgentSync in October 2021 to build out the product marketing function, a critical piece of the go-to-market strategy and sales enablement. Castorino brings years of experience, most recently at Oracle.
Julia Mulhern, Senior Director of Demand and Campaigns, joined in January 2022 to focus on campaign strategy and execution, and demand generation. Mulhern previously ran global campaigns and commercial marketing for Conga.
The AgentSync team is growing rapidly. To view open positions, please visit agentsync.io/careers. If you're passionate about building technology that enables growth and scaled innovation across the insurance industry but don't see a job description that fits your skillset, please reach out.
About AgentSync
AgentSync powers rapid growth for insurance carriers, agencies, and MGAs by offering modern tools for producer management. With its customer-centric design, seamless APIs, and automation, AgentSync's products reduce friction, increase efficiency, and maintain compliance, ultimately helping to improve the broker onboarding, contracting, licensing, and compliance processes. Founded in 2018 by Niranjan "Niji" Sabharwal and Jenn Knight, and headquartered in Denver, CO, AgentSync has been recognized as one of Denver's Best Places to Work, as a Forbes Magazine Cloud 100 Rising Star, an Insurtech Insights Future 50 winner, and is ranked 88 in Forbes' list of America's 500 Best Startup Employers in 2022.
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SOURCE AgentSync | https://www.kxii.com/prnewswire/2022/04/06/agentsync-appoints-chief-revenue-officer-chief-marketing-officer-company-rapidly-scales-sales-amp-go-to-market-functions/ | 2022-04-06T17:31:30Z |
Awardees on this year's list were recognized for finding groundbreaking solutions to the most critical issues in healthcare.
ANNAPOLIS, Md., Aug. 5, 2022 /PRNewswire/ -- RXNT, a fast-growing absolutory medical software company, today announced that it has been recognized as one of the Top 100 Healthcare Technology Companies of 2022 by the Healthcare Technology Report. The exclusive report represents organizations in the healthtech space around the globe that are changing the face of the industry and finding "innovative solutions to the most pressing issues in healthcare."
Awardees on this year's list—including Novartis, Stryker, Edwards Lifesciences, Hologic, Access Healthcare, Integra, and many more—are recognized for their impact on the healthcare technology space and the broader healthcare industry across the United States, whether through direct treatment or by providing advanced, game-changing products and services to treatment providers.
"We're honored to be included among the top organizations in healthcare," said Randy Boldyga, Chief Executive Officer, President, & Founder of RXNT. "For over twenty years, we've been committed to improving patient health, and with the introduction of our newest solution, MyRXNT, patients can now stay better connected to their health from anywhere."
This award comes just months after two members of RXNT's senior leadership team were recognized by the Healthcare Technology Report for their leadership and innovation, as well as their contributions to the healthcare technology industry. Boldyga, CEO, and Jessica Wagner, COO, were named a Top 50 Healthcare Technology CEO and a Top 25 Woman Leader in Healthcare Software, respectively.
Since 1999, RXNT has offered integrated, customizable, cloud-based medical office management tools, including E-Prescribing, Electronic Health Records and Patient Portals, and Practice Management, Medical Billing and Scheduling, plus mobile applications and telehealth functionality for the modern, agile practice. Thousands of physicians, providers, billers, and organizations of all sizes and specialties trust RXNT to focus on what they do best—delivering top-notch patient care, and enabling both efficiency and profitability for their business. Using RXNT's software, more than 10 million prescriptions are transmitted and $300 million in claims are processed per year. To learn more, visit www.rxnt.com.
CONTACT
Andrew Speight
Chief Marketing Officer
marketing@rxnt.com
+1 (443) 637-1884
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SOURCE RXNT | https://www.wibw.com/prnewswire/2022/08/05/rxnt-named-top-100-companies-healthcare-technology/ | 2022-08-05T19:48:18Z |
Jayhawks’ Lance Leipold settled in, optimistic about Year 2
LAWRENCE, Kan. (AP) — Lance Leipold first walked into the head coach’s office at Kansas, arguably the worst program in Division I football, amid terrible circumstances and during a time of the year that only made everything worse.
The Jayhawks were coming off a winless 2020 season under Les Miles, who had then resigned in ignominy amid a flurry of sexual harassment allegations dating to his time at LSU. The scandal also led to the departure of athletic director Jeff Long, leaving the entire program in turmoil during a crucial recruiting period and all the way into spring practices.
Leipold never even conducted a practice with the Jayhawks until the start of fall camp last year.
So even though they proceeded to win just two games in his debut, extending their streak of losing seasons to unlucky No. 13, the point at which Leipold is starting off this fall is a whole lot better than where he stood a year ago.
“There’s so many things that are different for the better,” Leipold said. “We’ve said many times, players know the coaches, know what to expect. We still have a fair amount of new guys going through their first practice, and there’s uncertainty and wandering around — Where do I go next? — everyone is understanding and we’re in a much better spot.”
The long-time small-college coach pauses for a moment and thinks back to last season.
“Last year, two or three weeks into training camp we were still evaluating,” Leipold recalled. “We have an idea now. We still may be evaluating, but we’re developing at the same time. That’s a good feeling.”
The challenge now is turning development into success.
Six coaches have failed to produce a winning season since the Jayhawks went 8-5 under Mark Mangino in 2008, and none managed more than one conference win. That includes Charlie Weis, who arrived in Lawrence flashing Super Bowl rings, and Miles, who won a national championship with the Tigers.
The 58-year-old Leipold is about substance more than style, though, and that could be exactly what the Jayhawks need to climb the Big 12 standings. He cut his teeth at his alma mater, Wisconsin-Whitewater, going 109-6 and winning six national titles in eight seasons at the Division III school, then turned around a lowly Division I program at Buffalo.
Leipold accomplished all of that by being the antithesis of so many young, hotshot coaches across major college football whose success is largely tied to their ability to recruit five-star prospects. He is a football coach in the truest sense, rather than the CEO of a corporation, and hangs his battered cap on his ability to take good players and make them great.
He’d rather be on the practice field with his hand in the dirt than poring over spreadsheets in his office.
“There’s expectations, you know? There’s really no gray. There’s black and white,” said Kansas defensive end Sam Burt, who is on his third coach after starting his career with David Beaty. “You can see he knows what he’s doing. The whole coaching staff knows what it’s doing. And like I said, there’s no gray. It’s always like this or that if that makes sense.”
It makes perfect sense if you know Leipold’s career arc.
He spent time at Doane, an NAIA school in Nebraska, and Nebraska-Omaha, whose football program no longer exists. And the two stints Leipold had at the Division I level were under two more consummate coaches: He was a graduate assistant to Wisconsin’s Barry Alvarez in the early 1990s and worked with Frank Solich at Nebraska in the early 2000s.
“Where we’re going, how we’re doing it — that was Year 1,” Leipold said. “Now I think this group has a determination about them in how they want to approach things and change the direction of this program.”
There was unmistakable progress last season, highlighted by a dramatic overtime win at Texas, and a full recruiting cycle coupled with a productive spring program have only carried that momentum forward.
“It feels way different, just how we attack everything: the tempo, the pace, the excitement,” Jayhawks safety Kenny Logan said. “We believe in what we’ve done this offseason. We don’t want to go through (another rebuild).”
Rather, the Jayhawks want to finish off this one.
That task continues on Sept. 2, when they open their season against Tennessee Tech. Then comes back-to-back road games against Big 12 foe West Virginia and future conference rival Houston before another non-league game against Duke.
Those four games should help to tell whether Leipold is on the right track.
“We’re not in the moral victory business and we understand that completely,” Leipold said. “But we’re always looking at, whether it be individual improvement in certain things, how we’ve gone about our daily business and really how we’ve connected dots with our players about becoming better holistically, whether it be weight room or academically and better leadership, better teammates, that these things are going to stack upon themselves and help us on game day.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/08/jayhawks-lance-leipold-settled-optimistic-about-year-2/ | 2022-08-08T20:02:44Z |
JWP to unveil new end-to-end broadcaster solution at IBC2022
NEW YORK, Aug. 26, 2022 /PRNewswire/ -- JW Player (JWP), the leading video platform for broadcasters, publishers, and video-driven brands, has announced it will be unveiling a brand new end-to-end solution at IBC. This solution makes it easy for broadcasters to deliver compelling digital video experiences, accelerate their streaming strategy, and grow their business.
The complete broadcaster solution integrates 24/7 Live Channels and Studio DRM into the JWP video platform to enable broadcasters to stream videos (Live or VOD) with broadcast-grade performance. The addition of these new capabilities comes as a direct result of JWP's acquisition of VUALTO, the leading live video streaming and DRM provider.
JWP's innovative live broadcasting technology combined with advertising and subscription-based monetization capabilities, allows broadcasters to benefit from reduced complexity and costs related to video management while enabling them to optimize revenue.
The platform also leverages JWP's partnership with Applicaster to allow broadcasters to develop their own custom OTT apps. Together, these new capabilities provide broadcasters with the flexibility and extensibility to easily stream Live & VOD content to any device or platform.
James Burt, SVP - Broadcast Products, JWP, said: "We're excited to bring our new complete broadcaster solution to IBC this year. By encapsulating the full spectrum of our innovative technologies, we're able to offer broadcasters the first complete video platform of its kind, reinforcing our commitment to our customers' success. It is powerful enough to stream the world's most popular events and shows to millions, yet simple enough for any broadcaster use case. Its impressive capabilities will allow broadcasters of any size to accelerate their video strategy and continue to grow their business."
Visit JWP on stand Hall 5 Content Everywhere — 5.G57 at IBC2022 at The Rai Amsterdam between 9th – 12th September 2022 for a demonstration of its new video platform.
About JW Player (JWP)
With over 40,000 broadcasters, publishers, and other video-driven brands, JWP has built the platform of choice for companies whose business relies on video. JWP provides these companies with an easy way to accelerate and scale their video strategy and is the only video platform a company will ever need to stream video, engage audiences on any screen, and monetize content.
Founded in 2004, today JWP is one of the fastest growing SasS companies in the world with a vision to power video-driven businesses so they thrive in the digital video economy. JWP customers generate 8 billion video impressions/month and 5 billion minutes of video watched/month. JWP is headquartered in New York, New York with offices in London, England, and Eindhoven, Netherlands.
Contact:
Amber Chawner
Account Manager
amberc@whiteoaks.co.uk
+44 (0) 1252 727313 ext 112
+44 (0) 7827 351644
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SOURCE JW Player | https://www.kxii.com/prnewswire/2022/08/26/jw-player-jwp-launches-industrys-most-complete-scalable-video-platform-solution-broadcasters/ | 2022-08-26T11:47:13Z |
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Watching Your Wallet: Loans, grants could help with rising college costs
Apply for federal aid every year, not just as a freshman
InvestigateTV - Around 1.3 million high school graduates are expected to enroll in a four-year university in 2022 and 42% of those students are expected to take on student loans, according to a new study by NerdWallet.
Elizabeth Renter, a data analyst with the company, said $39,500 is what a graduating senior could borrow in pursuit of their bachelor’s degree over the next four years.
“What’s important to note is this is a conservative estimate,” Renter said. “We looked only at public four-year universities, which are generally more affordable than private institutions. We based this estimate on what students are taking out right now, which isn’t the entire cost of attendance.”
She said each year all students should fill out FAFSA, the free application for federal student aid. Renter said FAFSA opens the door to not only federal grants and student loans, but many states and institutions use this data to determine additional potential aid.
“Grants and scholarships are free money,” Renter said. “They don’t come with interest, you don’t have to pay them back, so they’re definitely a priority when it comes to scholarships.”
She said your applications shouldn’t stop freshman year.
“Also, upperclassmen should remember that they need to keep looking, too,” Renter said. “There are often scholarships for sophomores, juniors, and seniors.”
She said if you need student loans, look at federal student loan options first over private loans and explore federal work study options as well. Your FAFSA application will ask if you’re interested in the program.
The FAFSA application period opens on October 1st for the coming school year and is open now for the 2022 - 2023 college year.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/06/16/watching-your-wallet-loans-grants-could-help-with-rising-college-costs/ | 2022-06-16T21:08:49Z |
Musk subpoenas former Twitter CEO and friend Jack Dorsey
(AP) - Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44 billion agreement to acquire the company Dorsey helped found, according to court documents.
Twitter and Musk are headed for an Oct. 17 trial in Delaware that should determine whether or not Twitter can force the billionaire to go through with the acquisition.
Twitter has subpoenaed a host of tech investors and entrepreneurs connected to Musk, including prominent venture capitalist Marc Andreessen and David Sacks, the founding chief operating officer of PayPal.
Musk has claimed that Twitter failed to provide adequate information about the number of fake, or “spam bot,” Twitter accounts, and that it has breached its obligations under the deal by firing top managers and laying off a significant number of employees. Musk’s team expects more information about the bot numbers to be revealed in the trial court discovery process, when both sides must hand over evidence.
Twitter argues that Musk’s reasons for backing out are just a cover for buyer’s remorse. Shortly after Musk agreed to pay 38% above Twitter’s stock price, the stock market stumbled and shares of the electric-car maker Tesla, where most of Musk’s personal wealth resides, lost more than $100 billion of their value.
The subpoena was served last week. It asks Dorsey for documents and communications related to the acquisition, as well as information on the effect of fake or spam accounts on Twitter’s business and its measurement of daily active users.
A lawyer representing Dorsey did not immediately respond to a message for comment on Monday.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/22/musk-subpoenas-former-twitter-ceo-friend-jack-dorsey/ | 2022-08-22T20:18:10Z |
Khiron's Medical Clinics and Distribution Growth Throughout Europe Follows Success in Latin American Marketplace
- Since establishing a Spanish subsidiary in 2019, Khiron's scientific and medical team is recognized as cannabinoid experts in Spain
- Khiron continues its long-standing relationship with the Spanish Agency of Medicines and Medical Devices (AEMPS) and actively contributes to several educational initiatives in Spain
- Khiron provides comprehensive and certified medical education, used worldwide to successfully educate thousands of prescribers and created in close cooperation with renowned University Tecnologico of Monterrey in Mexico
TORONTO, July 6, 2022 /PRNewswire/ - Khiron Life Sciences Corp. ("Khiron" or the "Company") (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), a global leader in medical cannabis throughout Europe and Latin America, applauds recent developments regarding the regulation of medical cannabis in Spain. The company now looks forward to bringing its clinical expertise and evidence from Khiron-owned Zerenia™ Clinics in Colombia, Peru, Brazil, and the UK to Spanish patients to guide medical professionals for the benefit of Spanish patients.
Spain has been an important exporter of medical cannabis in Europe, but Spain itself has not had national medical cannabis legislation in place. With a population of more than 47 million people in Spain, experts in the medical cannabis industry in Europe estimate that the potential market size for the medical cannabis market is at least 700,000 patients or 1.5% of the country's total population.
Khiron has been active in Spain since establishing its subsidiary Khiron Life Sciences Spain in 2019. For the past 3 years, Khiron has worked to encourage this regulatory shift in Spain by promoting educational initiatives together with a network of national collaborators such as the Spanish Society for Research on Cannabinoids (SEIC), the Iberoamerican Cannabinoid Research Network (CANNALATAN), Cannabmed (ICEERS), the Cannabis Hub (Polytechnic University of Barcelona), the Sociedad Clínica de Endocannabinología (SCE) and the Technological Agroalimentary Center in Extremadura (CTAEX).
For Khiron, which already offers its cannabinoid-based medicines and clinical services in two of the largest markets for medical cannabis in Europe (Germany and the United Kingdom), it is a logical step into Spain, one which the company has been preparing for years. This process is further supported by the steady expansion of Khiron Europe's medical portfolio, which will grow with the recent acquisition of an EU GMP-certified German pharmaceuticals manufacturer and wholesaler. The acquisition will accelerate Khiron's growth in Europe by controlling the complete value chain for its products and gaining direct access to European pharmacies.
Franziska Katterbach, President of Khiron Europe, said: "We welcome the planned regulation for medical cannabis in Spain. For Khiron, Spain is another important European market with great potential in which we have been active since 2019 - but the opening of the market for medical cannabis in Spain is even more important for the hundreds of thousands of potential patients in Spain who do not have access to cannabinoid-based therapies.
As a company, we look back on years of operational and physical presence in Spain, with participation in medical congresses, lectures at universities, long-standing business relationships with national partners, and cooperation with Spanish institutions. Khiron is well prepared for the coming developments in Spain."
About Khiron Life Sciences Corp.
Khiron is a leading global medical cannabis company with core operations in Latin America and Europe. Leveraging wholly-owned medical health clinics and proprietary telemedicine platforms, Khiron combines a patient-oriented approach, physician education programs, scientific expertise, product innovation, and a focus on creating access to drive prescriptions and brand loyalty with patients worldwide. The Company has a sales presence in Colombia, Germany, the United Kingdom, Peru, and Brazil and is positioned to commence sales in Mexico. The Company is led by its co-founder and Chief Executive Officer, Alvaro Torres, together with an experienced and diverse executive team and board of directors.
Visit Khiron online at https://investors.khiron.ca
LinkedIn https://www.linkedin.com/company/khiron-life-sciences-corp/
Cautionary Statement Regarding Forward-Looking Statements
This press release may contain "forward-looking information" within the meaning of applicable securities legislation. All information contained herein that is not historical in nature constitutes forward-looking information. Forward-looking information and statements contained herein reflect management's current beliefs and is based on information currently available and on assumptions that management believes to be reasonable. These assumptions include, but are not limited to, assumptions regarding the future regulatory developments and economic conditions, the Company's ability to continue its growth and reduce costs. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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SOURCE Khiron Life Sciences Corp. | https://www.wibw.com/prnewswire/2022/07/06/medical-cannabis-leader-khiron-continues-global-expansion-into-spain/ | 2022-07-06T13:41:05Z |
HUNTINGTON, Ind., July 28, 2022 /PRNewswire/ -- Northeast Indiana Bancorp, Inc., (OTCQB: NIDB), the parent company of First Federal Savings Bank, has announced that the Corporation will pay a cash dividend of $0.30 per common share. The dividend will be payable on August 25, 2022 to shareholders of record on August 11, 2022.
The book value of NIDB's stock was $34.88 per common share as of June 30, 2022. At the close of business on July 26, 2022, the stock price was $43.00 per common share and the number of outstanding shares was 1,205,135. The annualized dividend yield at the current stock price is 2.8%.
Northeast Indiana Bancorp, Inc. is headquartered at 648 N. Jefferson Street, Huntington, Indiana. The company offers a full array of banking and financial brokerage services to its customers through its main office in Huntington and six full-service Indiana offices in Huntington (2), Warsaw (2) and Fort Wayne (2). The Company is traded on the OTC Markets Group, Inc. (www.otcmarkets.com) utilizing the OTCQB platform under the symbol "NIDB". Our web site address is www.firstfedindiana.bank.
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SOURCE Northeast Indiana Bancorp, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/28/northeast-indiana-bancorp-inc-announces-cash-dividend/ | 2022-07-28T15:46:51Z |
Ukraine fears repeat of Mariupol horrors elsewhere in Donbas
KRAMATORSK, Ukraine (AP) — Moscow-backed separatists pounded eastern Ukraine’s industrial Donbas region Friday, claiming to capture a railway hub, as Ukrainian officials pleaded for the sophisticated Western weapons they say they need to stop the onslaught.
The advance of Russian forces raised fears that cities in the region would undergo the same horrors inflicted on the people of the port city Mariupol in the weeks before it fell.
The fighting Friday focused on two key cities: Sievierodonetsk and nearby Lysychansk. They are the last areas under Ukrainian control in Luhansk, one of two provinces that make up the Donbas and where Russia-backed separatists have already controlled some territory for eight years. Authorities say 1,500 people in Sievierodonetsk have already died since the war’s start three months ago. Russia-backed rebels also said they’d taken the railway hub of Lyman.
The governor of Luhansk warned that Ukrainian soldiers may have to retreat from Sievierodonetsk to avoid being surrounded. But he predicted an ultimate Ukrainian victory. “The Russians will not be able to capture Luhansk region in the coming days, as analysts predict,’’ Serhiy Haidai wrote on Telegram on Friday. “We will have enough forces and means to defend ourselves.’’
Ukrainian President Volodymyr Zelesnskyy also struck a defiant tone. In his nightly video address Friday, he said: “If the occupiers think that Lyman or Sievierodonetsk will be theirs, they are wrong. Donbas will be Ukrainian.’’
For now, Sievierodonetsk Mayor Oleksandr Striuk told The Associated Press that “the city is being systematically destroyed — 90% of the buildings in the city are damaged.”
Striuk described conditions in Sievierodonetsk reminiscent of the battle for Mariupol, located in the Donbas’ other province, Donetsk. Now in ruins, the port city was constantly barraged by Russian forces in a nearly three-month siege that ended last week when Russia claimed its capture. More than 20,000 of its civilians are feared dead.
Before the war, Sievierodonetsk was home to around 100,000 people. About 12,000 to 13,000 remain in the city, Striuk said, huddled in shelters and largely cut off from the rest of Ukraine. At least 1,500 people have died there because of the war, now in its 93rd day. The figure includes people killed by shelling or in fires caused by Russian missile strikes, as well as those who died from shrapnel wounds, untreated diseases, a lack of medicine or being trapped under rubble, the mayor said.
In the city’s northeastern quarter, Russian reconnaissance and sabotage groups tried to capture the Mir Hotel and the area around it, Striuk said.
Hints of Russia’s strategy for the Donbas can be found in Mariupol, where Moscow is consolidating its control through measures including state-controlled broadcast programming and overhauled school curricula, according to an analysis from the Institute for the Study of War, a Washington think tank.
Gen. Phillip Breedlove, former head of U.S. European Command for NATO, said Friday during a panel mounted by the Washington-based Middle East Institute that Russia appears to have “once again adjusted its objectives, and fearfully now it seems that they are trying to consolidate and enforce the land that they have rather than focus on expanding it.”
That aggressive push could backfire, however, by seriously depleting Russia’s arsenal. Echoing an assessment from the British Defense Ministry, military analyst Oleh Zhdanov said Russia was deploying 50-year-old T-62 tanks, “which means that the second army of the world has run out of modernized equipment.”
Russia-backed rebels said Friday that they had taken over Lyman, Donetsk’s large railway hub north of two more key cities still under Ukrainian control. Ukrainian presidential adviser Oleksiy Arestovych acknowledged the loss Thursday night, though a Ukrainian Defense Ministry spokesperson reported Friday that its soldiers countered Russian attempts to completely push them out.
As Ukraine’s hopes of stopping the Russian advance faded, Foreign Minister Dmytro Kuleba pleaded with Western nations for heavy weapons, saying it was the one area in which Russia had a clear advantage.
“Without artillery, without multiple launch rocket systems we won’t be able to push them back,” he said.
The U.S. Defense Department would not confirm a CNN report that the Biden administration was preparing to send long-range rocket systems to Ukraine, perhaps as early as next week. “Certainly we’re mindful and aware of Ukrainian asks, privately and publicly, for what is known as a multiple launch rocket system. And I won’t get ahead of decisions that haven’t been made yet,” Pentagon spokesman John Kirby said.
Russian Foreign Minister Sergei Lavrov warned that providing rockets that could reach his country would represent “a most serious step toward unacceptable escalation.” He spoke in an interview with RT Arabic that aired Friday.
Just south of Sievierodonetsk, volunteers hoped to evacuate 100 people from a smaller town. It was a painstaking process: Many of the evacuees from Bakhmut were elderly or infirm and needed to be carried out of apartment buildings in soft stretchers and wheelchairs.
Minibuses and vans zipped through the city, picking up dozens for the first leg of a long journey west.
“Bakhmut is a high-risk area right now,” said Mark Poppert, an American volunteer working with British charity RefugEase. “We’re trying to get as many people out as we can.”
To the north, neighboring Belarus — used by Russia as a staging ground before the invasion — announced Friday that it was sending troops toward the Ukrainian border.
In Russia’s Far East, a legislative deputy offered a rare display of opposition to the war in Ukraine, demanding the end of the military operation and the withdrawal of Russian troops. “We understand that if our country doesn’t stop the military operation, we’ll have more orphans in our country,” Leonid Vasyukevich of the Communist Party said Friday at a meeting of the Primorsk regional Legislative Assembly in the Pacific port of Vladivostok.
His comments, which he addressed to President Vladimir Putin, were shown in a video posted on a Telegram. Another deputy followed to support Vasyukevich’s views. But the legislative assembly’s chairman issued a statement afterward calling the remarks a “political provocation” not supported by the majority of lawmakers.
___
Karmanau reported from Lviv, Ukraine. Andrea Rosa in Kharkiv, Ukraine, Andrew Katell in New York and AP journalists around the world contributed.
___
This story has been edited to correct that 1,500 people have died in Sievierodonetsk alone, not the Donbas region as a whole.
___
Follow AP’s coverage of the Ukraine war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/28/ukraine-fears-repeat-mariupol-horrors-elsewhere-donbas/ | 2022-05-28T04:53:34Z |
Cuteness: Zoo welcomes baby porcupine to family
Published: Jul. 2, 2022 at 10:44 AM CDT|Updated: 31 minutes ago
(CNN) - A Massachusetts zoo has welcomed a baby porcupine.
Stone Zoo says the baby, believed to be male, came in at just one pound but is gaining weight and appears healthy.
The new family addition is the third porcupette for 9-year-old mom Prickles and 10-year-old dad Shadow.
Prehensile-tailed porcupines are born with soft quills that harden over time.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/07/02/cuteness-zoo-welcomes-baby-porcupine-family/ | 2022-07-02T16:16:42Z |
Two tropical luxury brands come together to offer distinct and elevated experiences for guests, including an exclusive Labor Day weekend celebration presented by SelvaRey Rum
NASSAU, The Bahamas, June 27, 2022 /PRNewswire/ -- Baha Mar, the leading resort destination in The Bahamas, announces today a brand partnership with SelvaRey Rum, naming the brand a premier partner for the Caribbean's luxury of choice hotel. The partnership presents SelvaRey as the elevated option for rum cocktails with special beverage offerings available throughout the property, curated branded experiences, and new and exciting event activations all set against the luxurious backdrop of Baha Mar. To launch the partnership, SelvaRey will take over Privilege, SLS Baha Mar's upscale adult-only pool, on Labor Day weekend with a series of Piña Colada Pool Party events including guest DJ performances and a flagship day party hosted by SelvaRey Rum co-owner Bruno Mars featuring a special DJ set by DJ Pee .Wee (Anderson .Paak) on Sunday September 4th.
Distilled in the jungles of Latin America by a legendary Master Blender, SelvaRey (which loosely translates to "King of the Jungle") is favored as one of the most awarded spirits on the market. Fine enough to sip on the rocks or enhance any cocktail, SelvaRey includes a portfolio of four expressions, including White Rum, Chocolate Rum, Coconut Rum, and the Owner's Reserve; a rare blend of aged rums hand selected from the most prestigious casks.
"The quality and diverse portfolio of SelvaRey's products matches our luxury of choice positioning, and we're looking forward to welcoming guests with tropical and elevated beverage options, further enhancing the Baha Mar experience," said Graeme Davis, President of Baha Mar.
"Tropical Luxury is what SelvaRey is all about and I couldn't think of a better partner to bring that experience to life than Baha Mar," added Bruno Mars.
Kicking off the partnership, the Piña Colada Pool Party weekend will feature a series of DJ sets Thursday through Sunday of the Labor Day holiday weekend. The line-up includes performances by DJ Ignite, Osocity, and DJ Stevie J, which will all lead up to Sunday's featured event hosted by GRAMMY® award-winning artist Bruno Mars and a special DJ set by GRAMMY® award winner Anderson .Paak (DJ Pee .Wee). Cabana reservations and tickets to the Piña Colada Pool Party events at Privilege are available at https://sls.ipoolside.com/.
For more information, please visit www.BahaMar.com and www.SelvaRey.com.
About SelvaRey
SelvaRey is a collection of the finest, sustainable, single-estate rums crafted in the jungles of Panama by world renowned Maestro Ronero Francisco "Don Pancho" Fernandez. Each variant boasts a luxuriously smooth and distinctively balanced character. From harvesting the sugarcane and pressing the juice to the distillation and blending, the rums adhere to the highest quality standard and represent the intense passion and commitment to craft from the people behind the spirit.
About Baha Mar
Baha Mar is a master planned integrated resort development situated on 1,000 acres overlooking the world's famous Cable Beach. The white sand beach destination includes three global brand operators – Grand Hyatt, SLS, and Rosewood – over 2,300 rooms and more than 45 restaurants and lounges, the largest casino in the Caribbean, a state-of-the-art convention center, Royal Blue Golf Course, an 18-hole Jack Nicklaus signature course, a brand new $200 million Baha Bay luxury water park, the Caribbean's first and only flagship ESPA spa, and over 30 luxury retail outlets. Baha Mar is a breathtaking location with dynamic programming, activities, and guest offerings in one of the most beautiful places in the world – The Bahamas. For more information and reservations, visit www.bahamar.com.
About Bruno Mars
In addition to co-owning SelvaRey Rum, Fourteen-time GRAMMY® Award winner and thirty-time GRAMMY® Award nominee Bruno Mars is a celebrated singer, songwriter, producer, and musician who has sold over 200 million singles worldwide. He is one of the best-selling artists of all time. Mars recently swept the 64th Annual GRAMMY® Awards, taking home four awards for "Leave The Door Open" including Record Of The Year, Song Of The Year, Best R&B Performance, and Best R&B Song. This comes after "Leave The Door Open" becomes Bruno's 17th song to reach Multi-Platinum status.
Mars' 64th Annual GRAMMY® win for Record of the Year, makes him only the second artist in Grammy history to win the category three times.
Bruno is also the first artist to have two songs spend 24 or more weeks in the Hot 100's Top 5 ("That's What I Like" and "Uptown Funk"), making him the only artist to have both a four-time and six-time platinum single from the same album. Honorably, Mars is one of the few artists to have written and produced all of his No. 1 hits and has had a No. 1 song on the Hot 100 from each of his first three studio albums.
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SOURCE Baha Mar | https://www.mysuncoast.com/prnewswire/2022/06/27/baha-mar-announces-partnership-with-bruno-mars-premium-rum-selvarey/ | 2022-06-27T16:09:34Z |
The Artemis I mega moon rocket has been fully fueled for the first time.
The fourth attempt of a final prelaunch test started on Saturday and the rocket tanks were filled on Monday.
The crucial test, known as the wet dress rehearsal, simulates every stage of launch without the rocket leaving the launchpad at Kennedy Space Center in Florida.
This process includes loading supercold propellant, going through a full countdown simulating launch, resetting the countdown clock and draining the rocket tanks.
The results of the wet dress rehearsal will determine when the uncrewed Artemis I will launch on a mission that goes beyond the moon and returns to Earth. This mission will kick off NASA's Artemis program, which is expected to return humans to the moon and land the first woman and first person of color on the lunar surface by 2025.
Three previous attempts at the wet dress rehearsal in April were unsuccessful, concluding before the rocket could be fully loaded with propellant due to various leaks. These have since been corrected, NASA says.
The NASA team rolled the 322-foot-tall (98-meter-tall) Artemis I rocket stack, including the Space Launch System and Orion spacecraft, back to the launchpad at Kennedy Space Center in Florida on June 6.
Wet dress rehearsal steps
The wet dress rehearsal began at 5 p.m. ET Saturday with a "call to stations" -- when all of the teams associated with the mission arrive at their consoles and report they're ready for the test to begin and kick off a two-day countdown.
Preparations over the weekend set up the Artemis team to start loading propellant into the rocket's core and upper stages Monday morning.
Tanking was on hold Monday morning because of an issue identified with the backup supply of gaseous nitrogen. The launch team replaced the valve causing the issue. In order to make sure the backup supply is functioning as expected, it was swapped in as the primary supply for the test.
The hold lifted at 9:28 a.m. ET. Liquid oxygen, cooled to minus 297 degrees Fahrenheit (minus 182 degrees Celsius), and liquid hydrogen were used to fill the core stage before moving on to the rocket's upper stage. Venting was visible from the rocket throughout the process.
The core stage was mostly filled and the team was filling the upper stage when several issues occurred just after 2 p.m. ET.
The team discovered a hydrogen leak at a quick disconnect line for the core stage. Their first option did not work and they looked into options to seal the leak.
Something from the flare stack, where excess liquid hydrogen from the rocket is burned off with propane flames, caused a small grass fire burning toward a dirt road. The team monitored the grass fire and expected the fire to die out when it reached the dirt road.
The test exceeded a planned 30-minute hold, which was extended as engineers tried to work on solutions for the hydrogen leak.
The Artemis team decided to go through with one countdown, while masking the hydrogen leak issue, "in order to get further into the testing for today's wet dress rehearsal," according to a tweet from NASA's Exploration Ground Systems.
The 10-minute countdown began at 7:28 p.m. ET.
Typically, there are two countdowns during the wet dress rehearsal. First, team members usually go through a countdown to 33 seconds before launch, then stop the cycle. The clock is reset, and then the countdown resumes again and runs until about nine seconds before a launch would occur.
Monday's abbreviated countdown ended prematurely with 29 seconds left on the countdown clock. A flag from the SLS rocket's computer triggered the cutoff, but the exact flag has not been shared. Prior to the countdown, the team said if the computers involved in the countdown sense the hydrogen leak, it might be akin to a check engine light that forces a premature stop to the countdown.
Once the countdown halted, the Artemis team worked on ensuring that the vehicle was safe.
Charlie Blackwell-Thompson, Artemis launch director for NASA's Exploration Ground Systems Program, said it was "definitely a good day for us" after achieving multiple milestones outlined in the wet dress objectives, like fully tanking the rocket and getting through a countdown.
The next steps will be assessing all of the data collected from the test, including the issues, and laying out a plan to go forward, she said.
The previous wet dress rehearsal attempts have already completed many objectives to prepare the rocket for launch, Blackwell-Thompson said.
There is a long history behind the arduous testing of new systems before a launch, and the Artemis team faces similar experiences to those of the Apollo- and shuttle-era teams, including multiple test attempts and delays.
The mission team is looking at possible launch windows for sending Artemis I on its journey to the moon in late summer: August 23 to August 29, September 2 to September 6 and beyond.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/artemis-moon-rocket-achieves-milestones-despite-issues-during-critical-prelaunch-test/article_123577d6-15c9-5062-bc37-a494daff8c69.html | 2022-06-21T02:19:55Z |
SECOND QUARTER 2022 HIGHLIGHTS
- Total transaction volume of $22.5 billion, up 67% from Q2'21
- Total revenues of $340.8 million, up 21% from Q2'21
- Net income of $54.3 million and diluted earnings per share of $1.61, down 3% and 7%, respectively, from Q2'21
- Adjusted EBITDA1 of $94.8 million, up 43% from Q2'21
- Servicing portfolio of $119.0 billion at June 30, 2022 up 6% from June 30, 2021
- Declared quarterly dividend of $0.60 per share for the third quarter
YEAR-TO-DATE 2022 HIGHLIGHTS
- Total transaction volume of $35.2 billion, up 56% from 2021
- Total revenues of $660.3 million, up 31% from 2021
- Net income of $125.5 million and diluted earnings per share of $3.73, up 10% and 6%, respectively, from 2021
- Adjusted EBITDA1 of $157.5 million, up 24% from 2021
BETHESDA, Md., Aug. 4, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. (NYSE: WD) (the "Company" or "W&D") reported total revenues of $340.8 million for the second quarter of 2022, an increase of 21% year over year. Second quarter total transaction volume was $22.5 billion, up 67% year over year, reflecting the Company's expanding brand and ability to meet more of its client's needs. Net income for the second quarter of 2022 was $54.3 million or $1.61 per diluted share, down 3% and 7%, respectively, from the second quarter of 2021, predominantly due to a decrease in non-cash mortgage servicing rights revenues. Second quarter 2022 adjusted EBITDA1 was $94.8 million, up 43% over the same period in 2021, driven by growth in cash revenues from services businesses. The Company's Board of Directors declared a dividend of $0.60 per share for the third quarter of 2022. The Company had $151.3 million of cash as of June 30, 2022.
"Our exceptional second quarter financial results demonstrate the strong return on investment we've made in our people, brand, and technology over the past few years," commented Willy Walker, Chairman and CEO. "The dramatic growth in our origination volume led to adjusted EBITDA growth of 43% year over year, reflecting our transition from a lending-centric mortgage bank to a broader, technology-enabled financial services company."
Mr. Walker continued, "The multifamily market continues to perform exceptionally well from a credit and fundamentals standpoint. W&D enters the second half of 2022 with very strong pipelines across our business, particularly with the GSEs and HUD which supply counter-cyclical liquidity as other capital providers struggle to digest rising rates and recessionary fears. Walker & Dunlop's business model is designed to perform through all cycles, with outperformance in both the pandemic-hobbled year of 2020 and Fed-induced free money year of 2021 as two dramatically different examples. The investments we've made in people, brand and technology have made us more relevant to our clients today than ever before, driving dramatic growth in our banking and brokerage volumes. The breadth of our platform, investments we continue to make in emerging, technologically-driven businesses, and corporate culture set us apart from the competition and will continue to drive financial success over the coming years."
CONSOLIDATED SECOND QUARTER 2022 OPERATING RESULTS
Discussion of Results:
- Total debt financing volume increased 44% from the second quarter of 2021. This increase is reflective of strong GSE and brokered debt financing volumes, which increased 74% and 47%, respectively, year over year.
- GSE volumes were largely driven by a 105% increase in our Fannie Mae lending activity, which included a $1.9 billion portfolio in the second quarter of 2022. As a result, our combined GSE market share for the quarter increased to 15% and our year-to-date market share rose to 14%.
- HUD debt financing volumes decreased in the second quarter of 2022, as continued high levels of inflation and an increasing interest-rate environment during the quarter made the HUD product a less favorable source of financing for our multifamily properties. Despite this decline, our Agency debt financing volume increased 47% quarter over quarter, indicating continued strength in the overall multifamily financing market.
- The 47% increase in brokered volume in the second quarter of 2022 reflects our continued ability to meet our clients' broad range of capital needs, strong demand for all commercial real estate property types, and the impacts of our investments in people, brand and technology. We continue to see a benefit from our investments in acquiring and recruiting commercial mortgage bankers, the significant amount of capital being invested into U.S. commercial real estate, and our valued relationships with commercial real estate capital providers.
- Property sales volume increased 136% in the second quarter of 2022 due to the significant growth in our property sales team over the past year in key markets and strong investor appetite for multifamily assets.
Discussion of Results:
- Our servicing portfolio continues to expand as a result of the strong debt financing volume over the past 12 months, partially offset by payoffs of loans.
- During the second quarter of 2022, we added $2.8 billion of net loans to our servicing portfolio, and over the past 12 months, we added $6.7 billion of net loans to our servicing portfolio, 90% of which were Fannie Mae loans.
- $5.4 billion of Agency loans in our servicing portfolio are scheduled to mature over the next two years. These loans represent only 5% of the total portfolio, with a relatively low weighted-average servicing fee of 19.7 basis points.
- The increase in the overall weighted-average servicing fee was primarily due to an increase in Fannie Mae loans as a percentage of the overall servicing portfolio year over year.
- The mortgage servicing rights ("MSRs") associated with our servicing portfolio had a fair value of $1.3 billion as of June 30, 2022, compared to $1.2 billion as of June 30, 2021. We added net MSRs from originations of $2.2 million in the second quarter of 2022 and $63.2 million over the past 12 months.
- Assets under management ("AUM") as of June 30, 2022 consisted of $14.5 billion of Affordable funds, $1.3 billion of commercial real estate loans and funds, and $0.9 billion of loans in our interim lending joint venture. The year-over-year increase in AUM is driven by the acquisition of Alliant in the fourth quarter of 2021 that added $14.3 billion of Affordable assets under management upon closing.
Discussion of Results:
- The decrease in Walker & Dunlop net income was a result of a 1% decrease in income from operations and a 7% increase in income tax expense. Although we increased our revenues by 21%, expenses increased 29% due primarily to the direct and indirect costs from the acquisitions we have made over the past year. Income tax expense increased primarily due to (i) an increased estimated annual effective tax rate largely from increased executive compensation and (ii) a reduction in realizable excess tax benefits due to a lower number of stock option exercises.
- The increase in adjusted EBITDA was a result of higher servicing fees, property sales broker fees, and fees earned from assets under management. These increases were offset by increased commission costs from the 67% growth in total transaction volumes and increases in other operating expenses.
- Operating margin decreased due to the aforementioned decrease in income from operations, despite an increase in total revenues.
- Return on equity declined due to a 26% increase in stockholders' equity over the past year combined with the decrease in net income.
- Other operating expenses as a percentage of total revenues increased due to our overall growth in the past year which included additional expenses from acquired subsidiaries and increases in travel and entertainment costs year over year as those costs have resumed to pre-pandemic levels in 2022.
Discussion of Results:
- Our at-risk servicing portfolio, which is comprised of loans subject to a defined risk-sharing formula, increased due to the significant level of Fannie Mae loans added to the portfolio during the past 12 months. As of June 30, 2022, there were two defaulted loans that were provisioned for in 2019 and one loan that was provisioned for in 2021. The two properties that defaulted in 2019 have been foreclosed on and final settlement of any losses will occur in the future upon disposition of the assets by Fannie Mae. The at-risk servicing portfolio continues to exhibit strong credit quality, with very low levels of delinquencies and strong operating performance of the underlying properties in the portfolio.
- The on-balance sheet interim loan portfolio, which is comprised of loans for which we have full risk of loss, was $252.1 million at June 30, 2022 compared to $276.7 million at June 30, 2021. There was one defaulted loan in our interim loan portfolio at June 30, 2022, which was provisioned for in the third quarter of 2020. All other loans in the on-balance sheet interim loan portfolio are current and performing as of June 30, 2022. The interim loan joint venture holds $0.9 billion of loans as of June 30, 2022, compared to $0.6 billion as of June 30, 2021. We share in a small portion of the risk of loss, and as of June 30, 2022, all loans in the interim loan joint venture are current and performing.
SECOND QUARTER 2022 - FINANCIAL RESULTS BY SEGMENT
Capital Markets - Discussion of Quarterly Results:
The Capital Markets segment includes our Agency lending, debt brokerage, property sales, and appraisal and valuation services.
- The decrease in loan origination fees and debt brokerage fees, net ("origination fees") was the result of the decrease in our origination fee margin, partially offset by the increase in overall debt financing volume. The decline in the origination fee margin was largely due to the significant decline in HUD debt financing volume and the $1.9 billion Fannie Mae portfolio, which comprised just under 50% of our Fannie Mae debt financing volume for the quarter. Large portfolios such as the $1.9 billion Fannie Mae portfolio typically have lower origination fee margins, while HUD loans are our most profitable loan product.
- The decrease in MSR income is attributable to the decrease in our MSR and Agency MSR margins, partially offset by the increase in overall debt financing volume. The decline the Agency MSR margin was primarily related to the $1.9 billion Fannie Mae portfolio, which had a lower servicing fee that is typical for large portfolios. The decrease in the MSR margin was the result of the decrease in the Agency MSR margin, coupled with an increase in our brokered debt financing volume as a percentage of overall debt financing volume.
- The increase in property sales broker fees was driven by the 136% increase in property sales volume year over year, partially offset by a decrease in the property sales broker fee margin.
- Personnel expense increased primarily as a result of (i) an increase in commissions expense due to the increase in property sales broker fees, partially offset by a decrease in origination fees; and (ii) an increase of $7.0 million in salaries and benefits costs due to (1) strategic acquisitions and hiring initiatives that contributed to an increase in our average bankers and brokers year over year. and (2) consolidating Apprise after our acquisition of GeoPhy, partially offset by a decrease in the accrual for subjective bonuses. The operating results for the second quarter of 2022 include compensation costs for Apprise, while the operating results for second quarter of 2021 do not as we accounted for our investment in Apprise under the equity method in 2021.
Servicing & Asset Management - Discussion of Quarterly Results:
The Servicing & Asset Management segment includes loan servicing, principal lending and investing, managing third-party capital invested in tax credit equity funds focused on the affordable housing sector and other commercial real estate, and real estate-related investment banking and advisory services, including housing market research.
- The $6.7 billion net increase in the servicing portfolio over the past 12 months was the principal driver of the growth in servicing fees year over year, combined with the increase in the servicing portfolio's weighted-average servicing fee.
- Escrow earnings and other interest income increased as a result of higher escrow earnings due to higher short-term interest rates, partially offset by a slightly lower average escrow balance.
- Other revenues and investment management fees increased principally due to the additions of fee income from Alliant and Zelman, with no comparable activity in the prior year as these acquisitions occurred in the second half of 2021.
- Personnel expense increased year over year as principally a result of the acquisitions of Alliant and Zelman.
- Amortization and depreciation increased as a result of the growth in the average balance of MSRs outstanding year over year and an increase in prepayment activity. Additionally, we had a $3.4 million increase in amortization of intangible assets from our strategic acquisitions in 2021.
- The increase in other operating expenses was largely attributable to increases in office and other professional fees to support the continued growth in our operations as a result of recent acquisitions.
Corporate - Discussion of Quarterly Results:
- Personnel expense decreased primarily due to a decrease in performance based variable compensation that is partially offset by increases in salaries and benefits due to the growth in our average headcount to support our growth and acquisitions.
- In the fourth quarter of 2021, we refinanced our senior secured term loan and increased the principal balance from $292 million to $600 million. The term loan carries an interest rate of SOFR plus a 10-basis point credit spread adjustment (with a floor of 50 basis points) plus a 225 basis point spread, leading to additional interest expense in the second quarter of 2022 compared to the same period last year. In addition to the debt refinancing, we incurred additional interest expense related to a fixed-rate note payable assumed in the acquisition of Alliant in the fourth quarter of 2021.
- Other operating expenses increased in the second quarter primarily due to: (i) an increase in legal and other professional fees and office expenses related to our recent acquisitions and overall growth; and (ii) an increase in travel and entertainment expenses, which were still impacted by the effects of the pandemic in the second quarter of 2021.
CONSOLIDATED YEAR-TO-DATE 2022 OPERATING RESULTS
Discussion of Results:
- The increase in total transaction volume was primarily driven by a 72% increase in Fannie Mae debt financing volume, a 41% increase in brokered debt financing volume, and a 141% increase in property sales volume, partially offset by a 54% decline in HUD debt financing volume.
- The increase in Walker & Dunlop net income was primarily a result of an 11% increase in income from operations.
- The increase in adjusted EBITDA was largely driven by an increase in cash revenues from increased transaction volume and revenues from Alliant and Zelman, with no comparable revenue in the prior year, partially offset by increases in personnel expenses and other operating expenses from those aforementioned acquisitions.
- Operating margin declined principally due to higher variable compensation costs resulting from the 56% growth in total transaction volume over the past year.
- Return on equity declined due to a 26% increase in stockholders' equity over the past year, partially offset by the increase in net income.
YEAR-TO-DATE 2022 - FINANCIAL RESULTS BY SEGMENT
Capital Markets - Discussion of Year-to-Date Results:
- The decrease in MSR income was primarily related to the decrease in the percentage of Agency debt financing volume year over year. Agency debt financing volume decreased from 38% in 2021 to 36% in 2022. Additionally, the profitability of our debt financing volume declined.
- The increase in property sales broker fees was driven by the 141% increase in property sales volume year over year, partially offset by a decline in the property sales broker fee margin.
- Personnel expense increased primarily as a result of (i) an increase in commissions expense due to the increases in origination fees and property sales broker fees; (ii) an increase in salaries and benefits costs due to strategic acquisitions and hiring initiatives that contributed to an increase in total bankers and brokers year over year; and (iii) an increase in total compensation costs as a result of consolidating Apprise after our acquisition of GeoPhy. The operating results for the year-to-date period in 2022 include compensation costs for Apprise, while the operating results for the same period in 2021 do not as we accounted for our investment in Apprise under the equity method in the prior year.
- The increase in other operating expenses was largely attributable to increases in travel and entertainment, which are attributable to our overall growth over the past year and low costs in this area in the first half of 2021 due to the pandemic.
Servicing & Asset Management - Discussion of Year-to-Date Results:
- The $6.7 billion net increase in the servicing portfolio over the past 12 months was the principal driver of the growth in servicing fees year over year, combined with an increase in the servicing portfolio's weighted-average servicing fee.
- Escrow earnings and other interest income increased as a result of higher escrow earnings due to higher short-term interest rates.
- Other revenues and investment management fees increased principally due to the additions of income from Alliant and Zelman, with no comparable activity in the prior year as these acquisitions occurred in the second half of 2021.
- Personnel expense increased substantially year over year as a result of increased compensation costs due to our acquisitions and hiring initiatives.
- Amortization and depreciation increased as a result of the growth in the average balance of MSRs outstanding year over year and an increase in prepayment activity. Additionally, we had a $6.8 million increase in amortization of intangible assets from our strategic acquisitions in 2021.
- The increase in other operating expenses was largely attributable to increases in office expenses and other professional fees to support the continued growth in our operations.
Corporate - Discussion of Year-to-Date Results:
- As part of the GeoPhy acquisition, we acquired the other 50% ownership interest in Apprise. The revaluation of our existing 50% ownership interest in Apprise resulted in a $39.6 million increase in other revenues. The remaining increase principally relates to income from our other equity method investments.
- Personnel expense increased primarily as a result of (i) increased salaries and benefits costs due to an increase in the average headcount year over year; and (ii) an increase in stock-based compensation expense associated with our performance share plans due to our financial performance and increased headcount, partially offset by a decrease in compensation expense related to the Company's deferred compensation plan due to declines in the fair value of the assets held by participants in the plan.
- Interest expense on corporate debt increased due to the increase in the principal balance of our debt outstanding in the fourth quarter of 2021 and the assumption of Alliant's note payable following the acquisition in the fourth quarter of 2021.
- Other operating expenses increased due to: (i) an increase in legal and other professional fees and office expenses related to our recent acquisitions and overall growth, (ii) an increase in travel and entertainment expenses, which were still impacted by the effects of the pandemic in the first half of 2021, and (iii) rent-related costs due to the lease for our new headquarters.
CAPITAL SOURCES AND USES
On August 3, 2022, the Company's Board of Directors declared a dividend of $0.60 per share for the third quarter of 2022. The dividend will be paid on September 2, 2022 to all holders of record of the Company's restricted and unrestricted common stock as of August 18, 2022.
On February 2, 2022, our Board of Directors authorized the repurchase of up to $75.0 million of the Company's outstanding common stock over the coming one-year period ("2022 Share Repurchase Program"). During the first quarter of 2022, the Company did not repurchase any shares of its common stock under the 2022 Share Repurchase Program. During the second quarter of 2022, the Company repurchased 0.1 million shares of its common stock under the share repurchase program at a weighted average price of $101.77 per share and immediately retired the shares, reducing stockholders' equity by $11.1 million. As of June 30, 2022, the Company had $63.9 million of authorized share repurchase capacity remaining under the 2022 Share Repurchase Program.
Any future purchases made pursuant to the 2022 Share Repurchase Program will be made in the open market or in privately negotiated transactions from time to time as permitted by federal securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by the Company in its discretion and will be subject to economic and market conditions, stock price, applicable legal requirements and other factors. The repurchase program may be suspended or discontinued at any time.
CONFERENCE CALL INFORMATION
The Company will host a conference call to discuss its quarterly results on Thursday, August 4, 2022 at 8:30 a.m. Eastern time. Listeners can access the webcast via the link: https://walkerdunlop.zoom.us/webinar/register/WN_3KzScGmYQ1eHcJbaPOUnDg or by dialing +1 408 901 0584, Webinar ID 844 4342 0334, Password 270631. Presentation materials related to the conference call will be posted to the Investor Relations section of the Company's website prior to the call. An audio replay will also be available on the Investor Relations section of the Company's website, along with the presentation materials.
ABOUT WALKER & DUNLOP
Walker & Dunlop (NYSE: WD) is one of the largest providers of capital to the commercial real estate industry in the United States, enabling real estate owners and operators to bring their visions of communities — where people live, work, shop and play — to life. Our people, brand, and technology make W&D one of the most insightful and customer-focused firms in our industry. With more than 1,400 employees across every major U.S. market, Walker & Dunlop has consistently been named one of Fortune's Great Places to Work® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental, and economic change in our communities.
NON-GAAP FINANCIAL MEASURES
To supplement our financial statements presented in accordance with United States generally accepted accounting principles ("GAAP"), the Company uses adjusted EBITDA, a non-GAAP financial measure. The presentation of adjusted EBITDA is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. When analyzing our operating performance, readers should use adjusted EBITDA in addition to, and not as an alternative for, net income. Adjusted EBITDA represents net income before income taxes, interest expense on our term loan facility and Alliant's note payable, and amortization and depreciation, adjusted for provision (benefit) for credit losses net of write-offs, stock-based incentive compensation charges, the fair value of expected net cash flows from servicing, net, and non-cash charges associated with the extinguishment of long-term debt, and the gain associated with the revaluation of our previously held equity-method investment in connection with our acquisition of GeoPhy. Because not all companies use identical calculations, our presentation of adjusted EBITDA may not be comparable to similarly titled measures of other companies. Furthermore, adjusted EBITDA is not intended to be a measure of free cash flow for our management's discretionary use, as it does not reflect certain cash requirements such as tax and debt service payments. The amounts shown for adjusted EBITDA may also differ from the amounts calculated under similarly titled definitions in our debt instruments, which are further adjusted to reflect certain other cash and non-cash charges that are used to determine compliance with financial covenants.
We use adjusted EBITDA to evaluate the operating performance of our business, for comparison with forecasts and strategic plans and for benchmarking performance externally against competitors. We believe that this non-GAAP measure, when read in conjunction with the Company's GAAP financials, provides useful information to investors by offering:
- the ability to make more meaningful period-to-period comparisons of the Company's on-going operating results;
- the ability to better identify trends in the Company's underlying business and perform related trend analyses; and
- a better understanding of how management plans and measures the Company's underlying business.
We believe that adjusted EBITDA has limitations in that it does not reflect all of the amounts associated with the Company's results of operations as determined in accordance with GAAP and that adjusted EBITDA should only be used to evaluate the Company's results of operations in conjunction with net income on both a consolidated and segment basis. For more information on adjusted EBITDA, refer to the section of this press release below titled "Adjusted Financial Measure Reconciliation to GAAP" and "Adjusted Financial Measure Reconciliation to GAAP By Segment."
FORWARD-LOOKING STATEMENTS
Some of the statements contained in this press release may constitute forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, projections, plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," or "potential" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and which do not relate solely to historical matters. You can also identify forward-looking statements by discussions of strategy, plans, or intentions.
The forward-looking statements contained in this press release reflect our current views about future events and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances that may cause actual results to differ significantly from those expressed or contemplated in any forward-looking statement.
While forward-looking statements reflect our good faith projections, assumptions and expectations, they are not guarantees of future results. Furthermore, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, data or methods, future events or other changes, except as required by applicable law. Factors that could cause our results to differ materially include, but are not limited to: (1) general economic conditions and multifamily and commercial real estate market conditions, (2) regulatory and/or legislative changes to Freddie Mac, Fannie Mae or HUD, (3) our ability to retain and attract loan originators and other professionals, (4) risks related to our recently completed acquisitions, including our ability to integrate and achieve the expected benefits of such acquisitions, and (5) changes in federal government fiscal and monetary policies, including any constraints or cuts in federal funds allocated to HUD for loan originations.
For a further discussion of these and other factors that could cause future results to differ materially from those expressed or contemplated in any forward-looking statements, see the section titled "Risk Factors" in our most recent Annual Report on Form 10-K and any updates or supplements in subsequent Quarterly Reports on Form 10-Q and our other filings with the SEC. Such filings are available publicly on our Investor Relations web page at www.walkerdunlop.com.
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SOURCE Walker & Dunlop, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/04/walker-amp-dunlop-reports-67-growth-transaction-volume-revenue-grows-21-341-million/ | 2022-08-04T10:26:08Z |
“Half of that goes to the bank for your college fund!”
That’s what my father told me in the eighth grade when I got my first paycheck for waking up at 5:30 a.m. to ride my bike a few miles to Cool Springs Driving Range before school, where I plucked golf balls for a dollar an hour.
My dad had six kids to feed on a single income, after all. Paying my full college tuition bill was never going to be an option.
There was only one option for me: work.
When I got a little older, I started mowing lawns to make more money than the driving range could ever pay.
When I got my driver’s license at 16, I decided I’d become a stone mason. Retaining walls were all over the place in hilly Pittsburgh. I hit the motherlode with that entrepreneurial decision, and by the time I was 17 I had four people working for me.
The “young man saving for college” line resonated with customers, and I was able to fund almost all of my first-year college costs with the money my back-breaking labor was able to net.
Money was still tight, though.
After paying for my first year of college, I needed to borrow some money for the next three years — and I was grateful that those government-backed funds from banks were available to me.
But to keep my borrowing to the bare minimum I worked all year while in college. I worked in the Penn State cafeteria, waking early to help prepare breakfast, then clean dirty plates. I sold my plasma twice a week — a money-making enterprise that nearly killed me and terrified my mother.
During my senior year, I became manager of a creepy rooming house. It was dank and old, but it was cheap and, in addition to the free rent, the owner paid me to shovel coal into the auger, maintain the lawn and make frequent household repairs.
The high point of my college work career was becoming a bouncer at Penn State’s legendary Rathskellar bar — still the coolest thing I ever did.
I see now I was lucky to attend college in the early 1980s. Myelearningworld.com reports that in the last 50 years college tuition costs have risen five times the inflation rate.
If tuitions had kept pace with inflation, public universities would be charging an average of about $20,000 a year — half of what they are charging today.
Why have college costs grown so rapidly? The simple answer: Easy money. As the borrowing limits of government-backed and direct government college loans have increased, so have tuitions.
The $1.7 trillion in student debt held by millions of young people today is in large part due to tuition inflation. Colleges took full advantage of all that easy loan money students were getting and jacked up their prices.
Now President Biden wants to forgive $10,000 in college loan debt for millions of kids who willingly took it on — even though college grads, over time, eventually earn more than most of those who did not attend college.
The trouble is, debt cannot simply be “forgiven” — especially when it amounts to more than $300 billion. It can only be transferred to taxpayers like me who scrimped and saved and took on a dozen crummy jobs to avoid taking on student-loan debt.
That’s the big, fat elephant in the college classroom.
Here’s another certainty: Repaying other peoples’ debt obligations is going to be as fun as plucking golf balls off dew-covered grass at 5:30 every morning.
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Tom Purcell is a Pittsburgh Tribune-Review humor columnist. Email him at Tom@TomPurcell.com.
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accounts, the history behind an article. | https://www.albanyherald.com/opinion/tom-purcell-the-elephant-in-the-college-classroom/article_b1af5ede-2b1a-11ed-a1ad-03e1ceaa2774.html | 2022-09-03T23:16:04Z |
As the newest dimension to the "TFA Expanded Community," the TFA/Chalice partnership now offers tactical mutual funds, bringing real and immediate value to the Chalice network of Financial Advisors across America.
CINCINNATI, Sept. 12, 2022 /PRNewswire/ -- Tactical Fund Advisors (TFA), a registered investment advisory firm, managing five tactical mutual funds, today announced a new strategic partnership with Chalice Network, a professional network of 60,000+ financial advisors that provides a marketplace of tools and services to help advisors grow their business. TFA's tactical mutual funds will now offer their risk management solutions to Chalice advisors.
Today, a down stock and bond market is a reality, due in a large part to rising interest rates and bonds losing money. As Financial Advisors are looking for risk management strategies, TFA funds offered through the Chalice network are one solution to the situation.
"Tactical Fund Advisors, through its risk management, helps financial advisors enhance and diversify their portfolios," said Keith Gregg, Chalice Network CEO/Founder. "Through our partnership with TFA, we are excited to add this service to our offerings and help our members with a tactical investment approach which may provide an answer to today's down market."
With a strong focus on making life easier and more effective for advisors, TFA provides personal service not often seen among tactical fund management.
"Chalice advisors are invited to call me directly to discuss our risk management strategies," said Drew Horter, President & CEO of TFA. "TFA is committed to help today's financial advisors understand and embrace the needs of their investor clients. We see this strategic partnership as just the start of a truly dynamic opportunity for advisors."
Interested Chalice Financial Advisors can receive a complimentary consultation from Tactical Fund Advisors by visiting here.
About TFA Fund Advisors
Tactical Fund Advisors, located in Cincinnati, Ohio, is the adviser to a family of tactically managed mutual funds. The TFA Mutual Funds are currently comprised of five funds, and are managed according to multiple models, multiple methodologies, multiple timeframes in a unique multi-manager approach. The Funds share the goal of utilizing tactical portfolio management to deliver consistent, long-term results while maintaining the ability to dynamically adapt to changing stock and bond environments. More info: www.tfafunds.com
About Chalice Network
Chalice Network™ is a Digital marketplace PaaS (Platform as a Service) with a community of 60,000+ business owners consisting of Financial Advisors, RIAs, IBDs, CPAs, Insurance Agents, Attorneys, and Allied Financial Services Professionals. Chalice was purposely built to give small to mid-sized business owners economies of scale, operational efficiency, and enhanced enterprise value through a marketplace-based model. Chalice's goal is to help expand brands into networks, from linear businesses into holistic constellations. Learn more about Chalice Network at www.chalicenetwork.com
Tactical Fund Advisors, LLC, located at 11726 Seven Gables Rd, Symmes Township, Cincinnati, OH 45249, is an investment adviser registered with the Securities and Exchange Commission (SEC). Registration with the SEC as an investment adviser should not be construed to imply that the SEC has approved or endorsed qualifications or the services Tactical Fund Advisors, LLC offers, or that its personnel possess a particular level of skill, expertise or training. Additional information about Tactical Fund Advisors is available on the SEC's website at www.adviserinfo.sec.gov. Tactical Fund Advisors does not provide legal or tax advice.
Like any investment strategy, a tactical investing approach entails risks, including the risk that client accounts can still lose value and the risk that a defensive position may, at any given point in time, prevent client accounts from appreciating in value.
Past performance is not indicative of future results. Investing is risky. Investors can and do lose money.
Management Risk: The portfolio managers' judgments about the attractiveness, value and potential appreciation of particular stocks or other securities in which the Funds invest or sells short may prove to be incorrect and there is no guarantee that the portfolio managers' judgment will produce the desired results. Additionally, the Adviser's judgments about the potential performance of the sub-advisers it utilizes may also prove incorrect and may not produce the desired results.
The information contained herein should in no way be construed or interpreted as an offer, recommendation, or solicitation to buy or sell any security. All content is for informational purposes only and is not intended to provide any tax or legal advice or provide the basis for any financial decisions, nor is it intended to be a projection of current or future performance. This information has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed.
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SOURCE Tactical Fund Advisors | https://www.kxii.com/prnewswire/2022/09/12/tactical-fund-advisors-partners-with-chalice-network-offering-tactical-solutions-60000-advisors/ | 2022-09-12T13:53:11Z |
Must-watch videos of the week
By Colby Hentges, CNN
Adam Schiff sees UFOs, a Lyft driver tells racists to take a hike, and championship paper airplanes take flight. These are the must-watch videos of the week.
The truth is out there
Deputy Director of Navy Intelligence Scott Bray shows declassified video of an unidentified object during a House subcommittee hearing on “unidentified aerial phenomena,” popularly known as UFOs.
Lyft driver won’t stand for racism
Dashcam video shows a Lyft driver refusing to drive passengers who used racist rhetoric while getting in the car.
See you on the dark side of the moon
Lunar eclipses might seem commonplace, but there are different versions that offer varied perspectives. Here’s what you need to know next time you catch the moon in shadow.
‘Kai, this is everybody. Everybody, this is Kai.’
An 18-year-old named Kai Neukermans performed on drums with Pearl Jam after the band’s drummer Matt Cameron tested positive for Covid-19.
Red Bull gives you (paper) wings
On May 14, the Red Bull Paper Wings World Final took off from Hangar-7 at the Salzburg Airport in Austria. The event is the official paper airplane world championship and first took place in 2006. This year’s edition saw 61,000 hopefuls take part in over 500 “Qualiflyers” around the world.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/cnn-other/2022/05/20/must-watch-videos-of-the-week-79/ | 2022-05-20T19:22:46Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, BLDR, GWW, NOC, and TSLA.
Click a link below then choose between in-depth options trade idea report or a stock score report.
Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.
Stock Report - Measures a stock's suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street's opinion including a 12-month price forecast.
- BABA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=BABA&prnumber=080120224
- BLDR: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=BLDR&prnumber=080120224
- GWW: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=GWW&prnumber=080120224
- NOC: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=NOC&prnumber=080120224
- TSLA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=TSLA&prnumber=080120224
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/08/01/thinking-about-trading-options-or-stock-alibaba-builders-firstsource-ww-grainger-northrop-grumman-or-tesla/ | 2022-08-01T14:54:44Z |
Extraco Banks has sold its iconic 10-story downtown Temple building and plans to build a new facility.
The bank closed the sale of the facility at the end of June to Austin-based Redeem Investments, which plans to renovate the building.
Extraco said it will build a new financial center across Avenue A where its current motor bank is located.
“We’re excited about the possibilities this new investment and renovation brings to the downtown Temple revitalization project,” Doug Streater, president and CEO of Extraco Banks, said in a news release. “Along with the new parking garage that is going in at the current location of the branch parking lot across the street, these three projects will create a new and vibrant skyline as well as create real estate opportunities in the area.”
The Extraco Banks branch in downtown Temple will continue to operate in its current location until construction is completed on the new branch, officials said.
“Our team at Redeem Investments is very excited to work with Extraco Banks on the transfer of ownership of Extraco Tower,” Christian Catron, president and CEO of Redeem Investments, said. “Extraco Banks has been a pillar of the Central Texas community for quite some time and this building is a representation of its legacy, which we intend to honor. We look forward to enhancing the features of the building and producing a valuable asset for the community, in partnership with the city of Temple and the Temple Economic Development Corporation.”
In addition to the new downtown Temple branch, Extraco has recently closed on property on West Adams where it plans to build another new Bell County branch in the next few years, according to the release.
Extraco will also complete construction on a new branch in College Station in late summer 2022.
“In 2022, Extraco celebrates a 120-year history of building the people, businesses and communities in Central Texas,” Streater said. “These new projects are a reflection of that commitment to Bell County and beyond.”
Customers with questions may contact Extraco at 1-866-398-7226. | https://www.tdtnews.com/news/central_texas_news/article_3d24f4ec-159a-11ed-bc2f-d7f5e184059b.html | 2022-08-06T18:26:18Z |
GRAND RAPIDS, Mich., Aug. 10, 2022 /PRNewswire/ -- NxGen MDx begins offering testing in Michigan and Chicago, IL for monkeypox, shingles, and lesion-forming STIs including chancroid, syphilis, and herpes.
On July 23, the World Health Organization (WHO) declared monkeypox a global health emergency, and last week the U.S. Department of Health and Human Services declared that the spread of monkeypox is a public health emergency. 1 2 Already there are more than 7,500 cases in the US alone with cases doubling in Michigan and Illinois. 3 However, the true number of infections is likely much higher due to a lack of confirmatory testing and missing links in the chain of infection. With numbers still low in certain areas, now is the time to focus on preventing further mass outbreaks.
While initially, monkeypox has been prevalent in men who have sex with men, it is not an STI, and anyone can be infected with monkeypox. 4 The virus has since begun to hit other vulnerable populations such as travelers, pregnant women, and children. While monkeypox primarily spreads from prolonged skin-to-skin contact such as sex, hugging, or breastfeeding, it can also be contracted from contaminated towels, sheets, and other objects, putting travelers as well as housekeeping staff at a higher risk of exposure. 5
As Michigan ranks 19th and Illinois ranks 5th in the country for Monkeypox cases with 85% of Illinois' cases residing in Chicago, residents need to have easy access to testing to help keep the virus from spreading. 3 6 By knowing what symptoms to look for, such as small rashes and lesions, people can get tested at the first sign of an infection and quickly learn if they have monkeypox, an STI, or another virus that may have similar symptoms. Because there are shared symptoms between monkeypox, certain STIs, and other viral infections, NxGen MDx has developed a panel that not only tests for monkeypox but also shingles and lesion-forming STIs.
"Monkeypox signs and symptoms overlap with those of other infections. By including varicella-zoster and other pathogens with a similar presentation, our panel is designed to help clinicians identify pathogens in a lesion swab sample and determine the cause of a patient's symptoms efficiently," said NxGen MDx's Scientific Director, Jacqueline Peacock, Ph.D.
Testing is the number one way to help slow the spread of the virus as it speeds up the diagnostic process, gets patients treatment faster, and helps track where the virus has spread. By offering patients this panel, NxGen MDx is ensuring that everyone has access to reliable testing that will offer more answers than testing for monkeypox alone and will help keep patients and their communities safe here in Michigan and Chicago.
NxGen MDx, LLC is a leading healthcare company delivering comprehensive genetic testing. NxGen MDx's history of next-generation sequencing combined with advanced technology allows us to provide accessible, high-quality testing options to families as they plan for the future.
1. Second meeting of the International Health Regulations (2005) (IHR) Emergency Committee regarding the multi-country outbreak of monkeypox [Internet]. [cited 2022 Jul 27]. Available from: https://www.who.int/news/item/23-07-2022-second-meeting-of-the-international-health-regulations-(2005)-(ihr)-emergency-committee-regarding-the-multi-country-outbreak-of-monkeypox
2. Affairs (ASPA) AS for P. Biden-Harris Administration Bolsters Monkeypox Response; HHS Secretary Becerra Declares Public Health Emergency [Internet]. HHS.gov. 2022 [cited 2022 Aug 8]. Available from: https://www.hhs.gov/about/news/2022/08/04/biden-harris-administration-bolsters-monkeypox-response-hhs-secretary-becerra-declares-public-health-emergency.html
3. CDC. Monkeypox in the U.S. [Internet]. Centers for Disease Control and Prevention. 2022 [cited 2022 Aug 08]. Available from: https://www.cdc.gov/poxvirus/monkeypox/response/2022/us-map.html
4. Monkeypox: public health advice for gay, bisexual and other men who have sex with men [Internet]. [cited 2022 Jul 8]. who.int/news/item/25-05-2022-monkeypox--public-health-advice-for-gay--bisexual-and-other-men-who-have-sex-with-men
5. Ramey E, Paxson J. Mid-Michigan doctors talk Monkeypox spreading, symptoms [Internet]. [cited 2022 Aug 8]. Available from: https://www.wnem.com/2022/08/06/mid-michigan-doctors-talk-monkeypox-spreading-symptoms/
6. MPV Data Dashboard [Internet]. [cited 2022 Aug 9]. Available from: https://www.chicago.gov/content/city/en/sites/monkeypox/home/data.html
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SOURCE NxGen MDx | https://www.kxii.com/prnewswire/2022/08/10/nxgen-mdx-announces-monkeypox-testing-michigan-chicago/ | 2022-08-10T14:57:05Z |
Tiger at Columbus Zoo dies from COVID-19 complications, zoo says
COLUMBUS, Ohio (Gray News) – A tiger at the Columbus Zoo died Sunday from pneumonia complications caused by COVID-19, the zoo announced Wednesday.
Jupiter, a 14-year-old Amur tiger, is the first animal at the zoo to die from a COVID-19 related illness, the zoo said in a Facebook post.
Jupiter had been on long-term treatment for chronic underlying illnesses, making him more susceptible to catching COVID-19 and suffering complications.
The zoo said Jupiter appeared sick June 22 and was put under anesthesia for examination and treatment. Medical staff found pneumonia, and treatment was started immediately.
For a few days, Jupiter was not responding to treatments and continued to not move or eat. Although he appeared stable, the big cat died overnight Sunday.
Jupiter was born at the Moscow Zoo in 2007. He arrived at the Columbus Zoo in 2015. He fathered nine cubs in his lifetime, six of which were born at the Columbus Zoo.
The zoo said Jupiter will be remembered as a big and impressive tiger who loved fish, sleeping in the habitat’s cave, playing with cardboard boxes and other toys. He was also known for being very friendly with the female tigers, Mara and Natasha.
The zoo said as a precautionary measure, staff members who work with cats, great apes and mustelids (such as otters and wolverines) are now required to wear masks within six feet of these animals, as they are more susceptible to contracting COVID-19.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/06/30/tiger-columbus-zoo-dies-covid-19-complications-zoo-says/ | 2022-06-30T15:42:52Z |
PHOENIX, April 7, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced it will report its first quarter ended March 31, 2022 financial results on Thursday, May 5, 2022. On that day, Nikola's management will hold a conference call and webcast at 9:30 a.m. ET (6:30 a.m. PT) to review and discuss the company's business and outlook.
What: Date of Nikola Q1 2022 Financial Results and Q&A Webcast
When: Thursday, May 5, 2022
Time: 9:30 a.m. ET (6:30 a.m. PT)
Webcast: https://nikolamotor.com/investors/news?active=events (live and replay)
An archived webcast of the conference call will be accessible from the Investor Relations section of the company's website https://nikolamotor.com/investors/news?active=events.
ABOUT NIKOLA CORPORATION:
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
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SOURCE Nikola Corporation | https://www.kxii.com/prnewswire/2022/04/07/nikola-corporation-announces-date-first-quarter-2022-results-webcast/ | 2022-04-07T22:41:46Z |
Sandy Hook parents’ attorney: Jan. 6 panel asks for Alex Jones’ texts
AUSTIN, Texas (AP) — An attorney representing two parents who sued conspiracy theorist Alex Jones over his false claims about the Sandy Hook massacre said Thursday that the U.S. House Jan. 6 committee has requested two years’ worth of records from Jones’ phone.
Attorney Mark Bankston said in court that the committee investigating the attack on the U.S. Capitol has requested the digital records.
The House committee did not immediately return a request for comment.
A day earlier, Bankston revealed in court that Jones’ attorney had mistakenly sent Bankston the last two years’ worth of texts from Jones’ cellphone.
Jones’ attorney Andino Reynal sought a mistrial over the mistaken transfer of records and said they should have been returned and any copies destroyed.
He accused the Bankston of trying to perform “for a national audience.” Reynal said the material included a review copy of text messages over six months from late 2019 into the first quarter of 2020.
Attorneys for the Sandy Hook parents said they followed Texas’ civil rules of evidence and that Jones’ attorneys missed their chance to properly request the return of the records.
“Mr Reynal is using a fig leaf (to cover) for his own malpractice,” Bankston said.
Bankston said the records mistakenly sent to him included some medical records of plaintiffs in other lawsuits against Jones.
“Mr. Jones and his intimate messages with Roger Stone are not protected,” Bankston said, referring to former President Donald Trump’s longtime ally.
Rolling Stone, quoting unnamed sources, reported Wednesday evening that the Jan. 6 committee was preparing to request the data from the parents’ attorneys to assist in the investigation of the deadly riot.
A jury in Austin, Texas, is deciding how much Jones should pay to the parents of a child killed in the 2012 school massacre because of Infowars’ repeated false claims that the shooting was a hoax created by advocates for gun control.
Last month, the House Jan. 6 committee showed graphic and violent text messages and played videos of right-wing figures, including Jones, and others vowing that Jan. 6 would be the day they would fight for Trump.
The Jan. 6 committee first subpoenaed Jones in November, demanding a deposition and documents related to his efforts to spread misinformation about the 2020 election and a rally on the day of the attack.
In the subpoena letter, Rep. Bennie Thompson, the Democratic chairman, said Jones helped organize the Jan. 6 rally at the Ellipse that preceded the insurrection. He also wrote that Jones repeatedly promoted Trump’s false claims of election fraud, urged his listeners to go to Washington for the rally, and march from the Ellipse to the Capitol. Thompson also wrote that Jones “made statements implying that you had knowledge about the plans of President Trump with respect to the rally.”
The nine-member panel was especially interested in what Jones said shortly after Trump’s now-infamous Dec. 19, 2020, tweet in which he told his supporters to “be there, will be wild!” on Jan. 6.
“You went on InfoWars that same day and called the tweet ‘One of the most historic events in American history,’” the letter continued.
In January, Jones was deposed by the committee in a hourslong, virtual meeting in which he said he exercised his Fifth Amendment right against self-incrimination “almost 100 times.”
___
Associated Press journalist Farnoush Amiri contributed to this report from Washington, D.C.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/04/attorney-sandy-hook-parents-jan-6-committee-requested-materials-including-alex-jones-texts/ | 2022-08-04T16:10:22Z |
CHARLES TOWN, W.Va., April 13, 2022 /PRNewswire/ -- American Public University System (APUS) today announced that David Cumberbatch has been appointed to its Board of Trustees. A seasoned education and technology executive, Cumberbatch has driven strategic growth initiatives at consumer-facing companies including Microsoft, ACT Inc., and Stride, Inc., and now serves as Senior Advisor for K-12 Solutions at the Bill & Melinda Gates Foundation.
"We're excited to welcome Mr. Cumberbatch to the APUS Board. His breadth and depth of experience – across higher education, technology and consumer-facing organizations – is well-suited for APUS's mission of delivering accessible and affordable online higher education to adult learners of all backgrounds," said Frank Ball, APUS Board of Trustee Chairman.
Cumberbatch serves as a Senior Advisor to New Markets Ventures and a founding board member of Undaunted Futures. He has also served as a member of the Board of Advisors for Apogee Equity Partners, Village Capital, and Riiid Labs.
"I am honored to join APUS with online higher education playing such an important role in upskilling and cross-skilling a dynamic workforce amid increased corporate demands," said Cumberbatch. "As a long-time executive in EdTech, I'm excited to help future APUS students achieve their educational goals."
Cumberbatch served as Founder, President and CEO of ECS Learning Systems from 2017 to 2020, an EdTech solutions provider. Prior to that, he was Chief Strategy Officer and Executive Vice President at Stride, Inc. (formerly K12, Inc.), where he focused on expansion into career readiness and education technology solutions. Before that, he was Chief Strategy and Marketing Officer of ACT Inc., a non-profit leader in college and career readiness assessment. While there, he collaborated on the development of the digital ACT test and the launch of ACT Aspire.
His earlier experience includes high-profile roles as a Senior Product Manager at Microsoft Corporation, where he ran its Consumer and Education growth segments. Prior to that, he was a Brand Manager for Procter & Gamble, focusing on Europe and Latin America markets. Cumberbatch has also held leadership positions with start-ups including Imagitas and SimpleTuition.
Cumberbatch has a Bachelor's Degree (Honors, First Class) in Computing and Economics from the University of Kent at Canterbury (UK), and a Master's Degree in Management Studies from the University of Oxford, where he attended as a Rhodes Scholar. He currently lives in Iowa with his family.
American Public University System (APUS) delivers accessible and affordable online higher education to adult learners of all backgrounds. APUS, a five-time recipient of Online Learning Consortium's (OLC) Effective Practice Award, offers more than 200 online degree and certificate programs through American Public University as well as American Military University, the #1 provider of higher education to the U.S. military and veterans*. With over 114,000 alumni worldwide, APUS is accredited by the Higher Learning Commission (HLC). It is a wholly owned subsidiary of American Public Education, Inc. (Nasdaq: APEI). For more information, visit www.apus.edu.
*Based on FY 2019 Department of Defense tuition assistance and Veterans Administration student enrollment data, as reported by Military Times, 2020.
CONTACT
Frank Tutalo
Director of Public Relations
FTutalo@apei.com
571-358-3042
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SOURCE American Public University System | https://www.kxii.com/prnewswire/2022/04/13/american-public-university-system-appoints-entrepreneurial-education-technology-executive-david-cumberbatch-board-trustees/ | 2022-04-13T16:59:51Z |
More human remains discovered as drought dries Lake Mead
LAS VEGAS (AP) — More human remains have been found at drought-stricken Lake Mead National Recreation Area east of Las Vegas, authorities said Sunday.
It’s the fourth time since May that remains have been uncovered as Western drought forces the shoreline to retreat at the shrinking Colorado River reservoir behind the Hoover Dam.
National Park Service officials said rangers were called to the reservoir between Nevada and Arizona around 11 a.m. Saturday after skeletal remains were discovered at Swim Beach.
Rangers and a Las Vegas Metropolitan Police dive team went to retrieve the remains.
Park Service officials said the Clark County Medical Examiner’s Office will try to determine when and how the person died as investigators review records of missing people.
On May 1, a barrel containing human remains was found near Hemenway Harbor. Police believe the remains were that of a man who died from a gunshot wound and the body was likely dumped in the mid-1970s to early 1980s.
Less than a week later, authorities say human skeletal remains were found at Calville Bay.
More recently, partial human remains were found in the Boulder Beach area on July 25.
Police have speculated that more remains may be discovered as the water level at Lake Mead continues to recede.
The discoveries have prompted speculation about long-unsolved missing person and murder cases dating back decades — to organized crime and the early days of Las Vegas, which is just a 30-minute drive from the lake.
The lake surface has dropped more than 170 feet (52 meters) since the reservoir was full in 1983.
The drop in the lake level comes while a vast majority of peer-reviewed science says the world is warming, mainly because of rising levels of carbon dioxide and other greenhouse gases in the atmosphere.
Scientists say the U.S. West, including the Colorado River basin, has become warmer and drier in the past 30 years.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/07/more-human-remains-discovered-drought-dries-lake-mead/ | 2022-08-07T19:20:01Z |
NOVI, Mich., June 29, 2022 /PRNewswire/ -- DexKo Global Inc. ("DexKo"), a global leader in highly engineered trailer running gear, chassis assemblies, related components and hydraulic brake applications, is pleased to announce that it has signed a definitive agreement to acquire Fluid-Press Group ("Fluid-Press").
Fluid-Press was founded in 1971 and is located in Albinea, Reggio Emilia, Italy. The company develops and manufactures hydraulic valves and manifold blocks for agricultural machinery, industrial equipment, cranes, aerial platforms, and earth-moving machines. Fluid-Press will be a valuable addition to DexKo's Hydraulics business, working closely with Safim Brakes, Modena, Italy ("Safim"). Safim is a leading manufacturer of highly engineered hydraulic braking system components used in a range of off-highway equipment applications and has been a part of DexKo and AL-KO Vehicle Technology ("AL-KO") since 2019.
"The family business, which has been successfully managed for decades, produces high-quality products and components. This acquisition enables DexKo to continue to grow in hydraulics and further expand our product offering in this segment. We are pleased to welcome the Fluid-Press team to DexKo and to help them build upon the company's strong foundation", stated Fred Bentley, Chief Executive Officer of DexKo.
"We are dealing with complementary customer portfolios (OEM and distribution), which will allow us to grow further in the respective customer segments with both Safim and Fluid-Press products that we can now sell through the distribution channels of both companies and into untapped markets", said Harald Hiller, President and CEO at AL-KO. "We look forward to uniting the strengths of the Fluid-Press team with those of DexKo to grow the Hydraulics business further".
"We will work closely together, exploit synergies and thus significantly broaden our customer and geographic reach, and I am looking forward to utilizing our joint business opportunities", commented Giovanni Pedrinoni, Managing Director at Safim. "We are proud to be part of DexKo, a global industrial group which will strengthen Fluid-Press' worldwide presence. I am confident we will achieve great results together with Safim", added Aldo Tagliavento, Chairman of Fluid-Press, who will continue to serve the business as a director.
Financial terms of the transaction were not disclosed. The transaction is subject to customary closing conditions. The sellers were advised by PwC M&A, Tax & Legal Services and Transaction Services as well as by Studio Ferrarini on tax matters. Buy-side legal advice was provided by the law firm Chiomenti.
Press Contact:
AL-KO Vehicle Technology Group Eva Doppler
Ichenhauser Straße 14
D-89359 Kötz
+49 8221 97-8239
eva.doppler@alko-tech.com
www.alko-tech.com
The AL-KO Vehicle Technology Group is a swiftly growing global technology group and business unit of DexKo Global. With high-quality chassis and suspension components for trailers, leisure and commercial vehicles, and construction and agricultural vehicles, the group represents the best in functionality, maximum com-fort as well as innovations to ensure greater driving safety. Founded in 1931 the group today has around 3,800 employees and more than 40 locations worldwide. The company includes the 15 international brands AL-KO, Aguti, Bankside Patterson, Brad-ley, Brink, CBE, cmtrailer parts, E&P Hydraulics, G&S Chassis, Hume, Nordelettronica, Preston Chassis, SAFIM, SAWIKO and Winterhoff. www.alko-tech.com
DexKo Global Inc. is the world's leading supplier of advanced chassis technology, chassis assemblies, and related components with more than 130 years of experience in trailer and caravan components. DexKo Global was founded at the end of 2015 through the combination of Dexter and AL-KO Vehicle Technology. With its head-quarters in Novi, Michigan/USA, the company employs more than 7,300 associates with about 100 production facilities and distribution centers. www.dexko.com
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SOURCE DexKo Global Inc. | https://www.kxii.com/prnewswire/2022/06/29/dexko-global-has-signed-an-agreement-acquire-fluid-press-group/ | 2022-06-29T16:52:42Z |
Champion Plumbing provides expertise on a life in the home service industry
OKLAHOMA CITY, June 20, 2022 /PRNewswire/ -- Champion Plumbing, a leading provider of plumbing services to the Oklahoma City area, is encouraging those seeking employment to consider working in the home service industry. With over seven years of experience as the owner of a plumbing company, Brent Harpole says a life in the trades opens a plethora of opportunities for young professionals looking for a great career.
"When I was growing up, everyone acted like you needed a four-year degree from a university to be successful in life," said Harpole, owner of Champion Plumbing. "While that way of thought has changed some over time, people still don't understand the benefits of choosing to be a plumber, HVAC technician, or electrician. High school students that choose to work in the home service industry will not only be able to provide for their family but also avoid large amounts of college debt."
While there are various reasons for working in the trades, Harpole offers these top three benefits:
- Trade school is less expensive: The expensive nature of traditional four-year colleges is well documented. When it comes to trade schools, they are substantially cheaper. According to Forbes, the average cost of attending a four-year college in 2021-22 was roughly $10,740 with the cost of a trade school being as little as $5,000.
- The trades pay well: When looking at the averages, paychecks for trade jobs are either at or above those that require four-year degrees. Annual wages for new graduates of trade schools are well above $50,000 yearly. Those wages can increase based on certifications and other training.
- Jobs are numerous: Nationwide, there is no shortage of home service companies looking for skilled laborers. This gives potential employees options to pick the company that best fits their business culture.
"Four-year colleges aren't for everyone," Harpole said. "For students that like to be more hands-on, a career in the trades may be the best option. You get hands-on experience while in trade school and have a viable path after graduation. In addition, you will be able to provide an amazing life for your family."
For more information about Champion Plumbing, visit https://callthechamps.com/.
Started in 2015, Champion Plumbing is led by the husband-and-wife duo of Leslie and Brent Harpole. Champion provides plumbing and water quality services to the residents of Oklahoma City, Oklahoma and surrounding areas. The team specializes in water heater services, drain cleaning, garbage disposals, water filtration systems and backflow repair. The company is dedicated to giving back to the local community in addition to helping them with their plumbing needs.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE Champion Plumbing | https://www.mysuncoast.com/prnewswire/2022/06/20/oklahoma-city-plumbers-discuss-three-benefits-working-trades/ | 2022-06-20T12:43:00Z |
NC officers kill man setting cars ablaze near police station
RALEIGH, N.C. (AP) — Officers shot and killed a man Saturday afternoon who was throwing Molotov cocktails and setting cars on fire near a police station in Raleigh, North Carolina, authorities said.
The confrontation began after an officer observed a man lighting vehicles on fire in a parking lot near a district station at around 1:20 p.m., Police Chief Estella Patterson said at a news conference.
The officer called for assistance, and three other officers came to help, she said, and the officers ordered the man to stop. Patterson said the man continued to throw Molotov cocktails, ultimately tossing one near an officer close to him.
“Multiple officers then discharged their weapons, and the individual was struck multiple times,” Patterson said.
Police then moved the man away from two vehicles that had become engulfed in flames and attempted life-saving efforts, Patterson said. He was rushed by paramedics to a hospital but died. He wasn’t immediately identified.
Body cameras were active, as well as cameras outside the police station that captured events, Patterson said, adding she didn’t have any immediate information on the number of shots fired or how many had struck the man.
She thanked firefighters for quickly arriving and putting out the flames.
Although the chief didn’t elaborate on the vehicles burned, news photographs showed a police vehicle with what appeared to be a blackened and heavily damaged engine bay being towed away.
The police chief said an investigation is ongoing and more details of the shooting would be released in a report in coming days.
The FBI was notified in keeping with department policy, Patterson added, noting the investigation’s findings will be submitted to the Wake County district attorney.
The shooting took place near the department’s southeast district station in Raleigh, North Carolina’s capital city. Police, fire and other emergency response vehicles swarmed the street afterward and the stretch of road remained close for several hours while the investigation continued.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/08/nc-officers-kill-man-setting-cars-ablaze-near-police-station/ | 2022-05-08T04:00:33Z |
Enrollment completed and dosing resumed in the ongoing Phase 2 REVIVE study
Resumption of rusfertide administration after suspension restored therapeutic benefits including hematocrit control, reduced red blood cell count, and decreased phlebotomy rate
NEWARK, Calif., May 26, 2022 /PRNewswire/ -- Protagonist Therapeutics (Nasdaq: PTGX) today announced new data from its ongoing Phase 2 REVIVE study evaluating rusfertide in patients with polycythemia vera (PV). These results will be shared as an oral presentation at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting, being held in Chicago from June 3-7, 2022.
"We are pleased to observe that administration of rusfertide continues to provide PV patients with an effective therapy that leads to rapid and sustained hematocrit control, and potentially offers patients a better quality of life by keeping them essentially phlebotomy-free for up to 18 months," said Ronald Hoffman, M.D., Director of the Myeloproliferative Disorders Research Program at the Icahn School of Medicine at Mount Sinai and principal investigator of the REVIVE study. "Importantly, the new results show that rusfertide administration suspension, due to the brief clinical hold, directly led to increases in hematocrit levels, red blood cell counts, and phlebotomy rates. In contrast, resumption of rusfertide quickly restored the therapeutic benefits for patients, confirming the direct and rapid effect of rusfertide and its potential utility in treating this serious disease."
"These highly promising new results continue to demonstrate the rapid therapeutic effect of rusfertide and its utility as an effective potential treatment across all categories of PV patients, independent of patient risk category, or concurrent therapy with other cytoreductive treatments including hydroxyurea, interferons or JAK inhibitors," said Dinesh V. Patel, Ph.D., President and Chief Executive Officer of Protagonist. "Taken together, these data reaffirm our belief in the potential of rusfertide to provide a highly effective treatment option for patients with PV, providing an opportunity to fundamentally transform the management of this disease. Rusfertide continues to be the primary focus of our corporate resources and efforts, and we continue to explore the full therapeutic potential of rusfertide with a sharp focus on the execution of the recently initiated Phase 3 VERIFY study."
Summary of Key Results
Updated Results from Phase 2 Studies Evaluating Rusfertide in Patients with PV
REVIVE Study
The ongoing Phase 2 REVIVE study was designed to evaluate rusfertide in patients with phlebotomy-dependent PV for up to 18 months. Results from the 70 phlebotomy-dependent PV patients continued to demonstrate that rusfertide treatment essentially eliminated the need for therapeutic phlebotomy (TP), and led to rapid, sustained, and durable control of hematocrit (HCT) levels below 45% without a clinically meaningful increase in white blood cell numbers of PV-related thromboses. Rusfertide treatment also led to normalization of iron stores and improved symptoms including concentration.
Furthermore, the new data showed that treatment suspension in PV patients led to increases in hematocrit levels, RBC count, and phlebotomy rates. In contrast, resumption of rusfertide treatment in those patients led to significant improvement in those parameters, providing further evidence of the rapid and beneficial therapeutic effect of rusfertide in PV. Upon the lifting of the clinical hold placed on rusfertide in PV, about 85% of patients resumed treatment with rusfertide.
PACIFIC Study
The ongoing Phase 2 PACIFIC study enrolled 20 patients with confirmed high HCT levels above 48% to evaluate rusfertide as an induction therapy. Results demonstrated that all erythrocytotic PV patients on rusfertide induction therapy with twice weekly dosing achieved rapid, sustained and durable HCT control below 45%, and without the need for TP.
Details for the ASCO 2022 oral presentation are as follows:
Title: Rusfertide (PTG-300) treatment in phlebotomy-dependent polycythemia vera patients.
Authors: Ronald Hoffman, M.D., The Tisch Cancer Institute, Icahn School of Medicine at Mount Sinai, Protagonist Therapeutics
Abstract Number: #7003
Session: Hematologic Malignancies—Leukemia, Myelodysplastic Syndromes, and Allotransplant
Presentation Date and Time: June 7, 2022 at 10:45 a.m. CT
About Rusfertide
Rusfertide (PTG-300) is an investigational, injectable hepcidin mimetic that is currently being developed for various disorders associated with iron overload and/or excessive erythrocytosis (red blood cell production). Rusfertide regulates iron homeostasis and controls the absorption, storage, and distribution of iron in the body. Discovered through Protagonist's peptide technology platform, rusfertide is currently being investigated in the REVIVE Phase 2 proof-of-concept clinical trial for polycythemia vera (PV), a rare chronic blood disorder that affects about 160,000 patients in the U.S., the PACIFIC Phase 2 study in PV subjects with high hematocrit levels, and a recently completed Phase 2a study for hereditary hemochromatosis. The VERIFY Phase 3 study is currently underway.
About Protagonist
Protagonist Therapeutics is a biopharmaceutical company with multiple peptide-based new chemical entities in different stages of clinical development, all derived from the Company's proprietary technology platform.
Protagonist's pipeline includes rusfertide, an investigational, injectable hepcidin mimetic currently in the REVIVE Phase 2 proof-of-concept clinical trial for polycythemia vera (PV), the PACIFIC Phase 2 study in PV subjects with high hematocrit levels, and a recently completed Phase 2a study for hereditary hemochromatosis. The Company has opened sites and initiated patient screening for VERIFY, a single, global Phase 3 randomized, placebo-controlled trial evaluating the efficacy and safety of a once weekly, subcutaneously self-administered dose of rusfertide for patients living with PV.
The IDEAL Phase 2 study of PN-943 in moderate-to-severe ulcerative colitis concluded in April 2022. Although this Phase 2 study missed its pre-specified primary endpoint, the results support advancement of the 150-milligram dose of PN-943 into a Phase 3 study. Efforts to secure a partner to support the financing and execution of the registrational clinical development program for PN-943 are underway.
Protagonist has granted Janssen an exclusive worldwide license to research, develop and commercialize oral IL-23 receptor antagonists based on the Company's intellectual property. Current development efforts are centered on PN-235, discovered by Protagonist and further developed in collaboration with Janssen. FRONTIER 1, a Phase 2b multicenter, randomized, placebo controlled, dose-ranging study to evaluate the safety and efficacy of PN-235 for the treatment of moderate-to-severe plaque psoriasis, commenced in early 2022.
Cautionary Note on Forward-Looking Statements
This press release contains forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding our intentions or current expectations concerning, among other things, the clinical development of rusfertide and the potential of rusfertide in polycythemia vera. In some cases, you can identify these statements by forward-looking words such as "anticipate," "believe," "may," "will," "expect," or the negative or plural of these words or similar expressions. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results and events to differ materially from those anticipated, including, but not limited to, our ability to develop and commercialize our product candidates, our ability to earn milestone payments under our collaboration agreements, the impact of the current COVID-19 pandemic on our discovery and development efforts, the impact of the ongoing military conflict in Ukraine and Russia on any future studies, our ability to use and expand our programs to build a pipeline of product candidates, our ability to obtain and maintain regulatory approval of our product candidates, our ability to operate in a competitive industry and compete successfully against competitors that have greater resources than we do, and our ability to obtain and adequately protect intellectual property rights for our product candidates. Additional information concerning these and other risk factors affecting our business can be found in our periodic filings with the Securities and Exchange Commission, including under the heading "Risk Factors" contained in our most recently filed periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity, and the development of the industry in which we operate, may differ materially from the forward-looking statements contained in this press release. Any forward-looking statements that we make in this press release speak only as of the date of this press release. We assume no obligation to update our forward-looking statements, whether as a result of new information, future events or otherwise, after the date of this press release.
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SOURCE Protagonist Therapeutics, Inc. | https://www.wibw.com/prnewswire/2022/05/26/protagonist-therapeutics-present-updated-phase-2-rusfertide-clinical-results-polycythemia-vera-pv-asco-2022/ | 2022-05-27T00:07:46Z |
SEOUL, South Korea, Aug. 22, 2022 /PRNewswire/ -- 4DREPLAY, a four-dimensional video technology startup and member of the Born2Global Centre, announced that it won the investor relations (IR) pitch competition at Mobile 360 Asia Pacific 2022 (M360 2022), which was held at JW Marriott South Beach in Singapore.
M360 2022 was organized by the Global System for Mobile Communications Association (GSMA) and participated in by the Born2Global Centre, a global startup accelerator affiliated with the South Korean Ministry of Science and ICT, as an innovation and investment partner. The event provided an opportunity for Korean startups to present and showcase their innovative technologies and offered a variety of programs, including special lectures by representatives from unicorn companies, expert panel discussions, an IR pitch competition, and a one-on-one networking session for global telecoms and venture capital firms.
The IR pitch competition was held in an audition format with six expert judges and online and offline audience polling. A total of eight Korean startups, including 4DREPLAY, and four overseas startups participated in this fierce competition. 4DREPLAY managed to win the competition, drawing enthusiastic applause from both the judges and audience.
4DREPLAY attracted attention when it introduced 4DReplay and 4DLive, which are multi-view, time-slice video production and streaming solutions that provide vivid viewing experiences through 360-degree, multi-angle coverage of sports games, entertainment programs, TV shows, and music video productions, among other types of content.
Additionally, 4DREPLAY's solutions are used in video analysis, such as video assistant referees (VAR) for various sports, contributing to accurate decision-making. They can also be used for performance analysis to improve players' capabilities. As a result, the company is collaborating with sports associations and clubs in Korea and abroad in addition to major domestic and foreign broadcasters and telecommunication companies.
4DREPLAY CEO Jung Hongsu commented, "We were able to present our own technology and finish as the finalist in this IR pitch competition." He went on to say, "In addition, I was invited to be a sports video analysis expert for the popular American business podcast Trailblazers, a speaker for the Korean Institute of Broadcast and Media Engineers' workshop, and a keynote speaker for the 2022 Future Tech Exhibition hosted by the Taiwanese Ministry of Science and Technology, showing that our company's technological expertise is being recognized by both domestic and foreign experts in the field."
He added, "As 4DREPLAY takes the lead in supplying video media solutions in the global sports broadcasting market, we will continue responding proactively to market changes and expanding our business across the sports industry as well as the entertainment sector in general."
About 4DREPLAY
A company that provides four-dimensional video production and streaming solutions, 4DREPLAY was founded in South Korea and is currently headquartered in Silicon Valley, the United States. It has established itself as an innovative media technology brand that is spearheading the Fourth Industrial Revolution with 4DReplay, a multi-angle, time-slice video production solution, and its mobile-based 4DLive, a real-time, multi-view, video-streaming service, both of which are being applied to a variety of entertainment content, from sports and film to TV shows and music videos, to relay a sense of vividness and realism to users. 4DREPLAY has also been in the spotlight as a global media technology company that plays a leading role in providing people around the globe with a new video media experience. Based on their pioneering spirit and deep insight, the executives and employees of 4DREPLAY in South Korea, the United States, and Japan are constantly growing through collaboration with experts around the world and providing innovative media experiences to users under the slogan "Creating Experiences."
Company Name and Product
4DREPLAY is the name of the company. 4DReplay and 4DLive are the company's video production and streaming solutions (products).
For more information, please visit 4dreplay.com
About Born2Global Centre
The Born2Global Centre, operated by Born2Global, is a full-cycle service platform that supports the global expansion of promising companies. Established in 2013 under the Ministry of Science and ICT, Born2Global has been setting the standards for a successful startup ecosystem in Korea and continues to expand and transform startups so that they are engaged, well equipped, and connected with the global market.
For more information, please visit born2global.com
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SOURCE Born2Global Centre | https://www.kxii.com/prnewswire/2022/08/22/4dreplay-wins-ir-pitching-competition-m360/ | 2022-08-22T13:18:22Z |
SMITHFIELD, R.I., June 2, 2022 /PRNewswire/ -- Answering the call for impact thinkers equipped with critical 21st century skills, Bryant's Vision 2030 Strategic Plan is expanding the University's academic programs that prepare real-world ready students for outcomes and economic mobility ranked in the nation's top 1%.
A new School of Health and Behavioral Sciences with a unique interdisciplinary education—integrating studies in health sciences, cognitive and behavioral sciences, data analytics and business—addresses the growing demand for healthcare experts and prepares students for successful careers in data-rich STEM fields.
"In establishing its School of Health and Behavioral Sciences, Bryant University is providing a uniquely focused education for future healthcare professionals," said Bryant President Ross Gittell, Ph.D. "Bryant's new programs at the intersection of health and behavioral sciences, data analytics and business will prepare students for exceptional career opportunities in fields including healthcare analytics, healthcare management and finance, and public and community health."
Data from the Bureau of Labor and Statistics indicates a growth rate of 16% percent for occupations in healthcare until 2030, more than triple the projected average employment growth rate of 5%, with projected earnings well above national and New England averages for college graduates.
"Bryant's School of Health and Behavioral Sciences has a unique perspective on healthcare education that addresses the need for skilled professionals who can integrate knowledge between disciplines. We will prepare the next generation of healthcare professionals by building on our core strengths in business and leadership skills, data analytics and quantitative skills, and cognitive and psychological skills," said Provost and Chief Academic Officer Rupendra Paliwal, Ph.D. "Bryant is creating an ecosystem of experiential learning where students will develop the specialized skills and insights to provide employers and society with professionals who can enter the field directly and make immediate impact and contributions."
Bryant has recently commissioned architectural design to establish a dedicated Science wing and expanded lab and classroom space within its landmark Unistructure facility.
"With the new School of Health and Behavioral Sciences and its new degrees, Bryant is poised to provide leaders who are dedicated to improving the health and well-being of others and embrace a collaborative and interdisciplinary approach to solving problems," said Kirsten Hokeness, Ph.D., Chair of the Biology Department who will be assuming the role of Director of Bryant's School of Health and Behavioral Sciences. "Healthcare is a data-intensive industry," she notes. "Specialists who can transform data into meaningful insights for numerous and diverse stakeholders are urgently needed and in high demand."
"Our new Bachelor's degrees in Health Analytics and Exercise and Movement Science are a natural extension of Bryant's core strengths," said Joseph Trunzo, Ph.D., Chair of the Psychology Department and a practicing clinical psychologist who will be assuming the role of Associate Director of the School. "Bryant's student-centered focus and strong interdisciplinary collaborations between faculty and students across the University empower Bryant graduates to excel. The new School and added majors will provide students with unparalled opportunities." Bryant University's School of Health and Behavioral Sciences builds on the success of its School of Health Sciences, first established in 2014, and its fully-accredited Master of Science in Physician Assistant Studies (MSPAS) program and Center for Health and Behavioral Sciences.
The new School unites undergraduate and graduate programs and complements the University's College of Business and College of Arts and Sciences. It also unifies new majors in some of the world's fastest-growing fields, Healthcare Analytics and Exercise and Movement Science, with areas of strength in Bryant's current Health Sciences, Biology and Psychology majors.
New majors in Healthcare Analytics and Exercise and Movement Science
Bryant's Bachelor of Science in Healthcare Analytics degree is the first of its kind in Rhode Island. The interdisciplinary degree integrates health sciences, statistics, math and data science with behavioral science and is designed to provide students with real-world, specialized skills for careers in fields such as biomedical research and public health. At Bryant, Healthcare Analytics majors will have the flexibility to minor in a complementary discipline they select from either the College or Business or the College of Arts and Sciences.
The Bachelor of Science in Exercise and Movement Science draws upon the strength of the University's highly competitive NCAA Division I athletics program to prepare graduates for certification as a Strength and Conditioning Specialist (CSCS) and surging career opportunities in a wide array of fitness and athletic settings. The program develops the foundation to understand and analyze human movement, incorporating an appreciation of the overlapping influences from anatomical, physiological, psychological and neurological factors. Two tracks of study are available: the Applied Exercise and Coaching track, designed for students who plan to enter the workforce directly after graduation, and the Healthcare Provider Prep track, designed for those who plan to pursue graduate study in a healthcare or medical field. All students will select a complementary minor in the College of Business and complete an internship to gain real-world experience in a setting that aligns with their career goals.
About Bryant University
For nearly 160 years, Bryant University has been at the forefront of delivering an exceptional education that anticipates the future and prepares students to be innovative leaders of character in a changing world. The University delivers a uniquely integrated academic and student life experience with nationally recognized academic programs at the intersection of business, STEM fields and the liberal arts. Learn more about Bryant University at www.bryant.edu.
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SOURCE Bryant University | https://www.mysuncoast.com/prnewswire/2022/06/02/bryant-university-announces-interdisciplinary-school-health-behavioral-sciences-extends-its-high-roi-academic-programs-healthcare/ | 2022-06-02T21:53:26Z |
- Project supports PSP Investments' commitment to accelerate a reduction in the greenhouse gas intensity of its Natural Resources portfolio and optimize its carbon sink potential.
MONTRÉAL, July 11, 2022 /PRNewswire/ - The Public Sector Pension Investment Board (PSP Investments), one of Canada's largest pension investment managers, has partnered with world-leading engineering and climate consultancy group WSP to conduct a detailed climate analysis of its Global Natural Resources ("NR") portfolio.
The analysis, which will be conducted alongside PSP Investments' local operating partners, covers more than 3 million hectares of farmland and timberland on more than 400 individual properties, across six countries. It will span a wide variety of crops including timber, tree nuts, vineyards, fruit, grain, cotton and animal protein.
Key objectives
The first objective of the analysis is to establish a portfolio-wide baseline of PSP Investments' NR greenhouse gas emissions (Scope 1 and 2) using farm-level data. This information will support the development and implementation of a decarbonization roadmap to reduce greenhouse gas emissions and establish science-based transition plans for portfolio companies.
The second objective will be to determine the sequestration capabilities of PSP Investments' NR assets in different carbon pools (e.g., biomass carbon and soil organic carbon). This work will leverage academic studies, third-party expert knowledge, and on-the-ground experience of local management teams, to develop robust methodologies and determine appropriate data sources to consistently quantify and report biogenic carbon dioxide removals and storage.
The WSP climate analysis will seamlessly integrate into PSP Investments' participation in a pilot program, the Farmland Management Standard, led by Leading Harvest, a non-profit organization focuses on sustainable agriculture. The Farmland Management Standard, a third-party assurance program, aims to standardize sustainability measurement and reporting across agriculture and food production.
Marc Drouin, Senior Managing Director and Global Head of Natural Resources at PSP Investments, said: "As a long-term investor and one of the leading global investors in agriculture and timber, we are highly committed to the continuous improvement of our sustainable farming practices around the world. Farmland and forestry assets carry significant potential to support global climate mitigation and adaptation efforts, including through their carbon sequestration potential. This ground-breaking project with WSP will give us the detailed, farm-by-farm information we need to help our platforms map out a path to global net-zero."
Mel de Jager, Vice President, Climate Change, Resilience & Sustainability at WSP, said: "For WSP, the opportunity to work with a global organization like PSP Investments, which operates across such a broad range of crops, timber species and geographies, is unique and exciting. Through this work, not only will we be able to help PSP Investments and its partners fully understand the footprint of their greenhouse gas emissions, but we will have a real opportunity to advance knowledge of carbon sequestration on agricultural lands".
Committed to sustainability
The analysis follows the launch of PSP Investments' inaugural Climate Strategy and builds on its longstanding commitment to reduce greenhouse gas emissions through best-in-class, sustainable farming and timber management practices.
About PSP Investments
The Public Sector Pension Investment Board (PSP Investments) is one of Canada's largest pension investment managers with $230.5 billion of net assets under management as of March 31, 2022. It manages a diversified global portfolio composed of investments in capital markets, private equity, real estate, infrastructure, natural resources and credit investments. Established in 1999, PSP Investments manages and invests amounts transferred to it by the Government of Canada for the pension plans of the federal Public Service, the Canadian Forces, the Royal Canadian Mounted Police and the Reserve Force. Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong. For more information, visit investpsp.com or follow us on Twitter and LinkedIn.
About WSP
As one of the world's leading professional services firms, WSP exists to future-proof our cities and environment. We provide strategic advisory, engineering, and design services to clients in the transportation, infrastructure, environment, building, power, energy, water, mining, and resources sectors. Our 55,000 trusted professionals are united by the common purpose of creating positive, long-lasting impacts on the communities we serve through a culture of innovation, integrity, and inclusion. Sustainability and science permeate our work. WSP derived about half of its $10.3B (CAD) 2021 revenues from clean sources. The Corporation's shares are listed on the Toronto Stock Exchange (TSX: WSP). To find out more, visit wsp.com/en-CA
Media Contacts: Maria Constantinescu, PSP Investments, Tel.: +1 (514) 218-3795, media@investpsp.ca; Andrew Macklin, WSP, Tel.: +1 (289) 835-2536, media_canada@wsp.com
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SOURCE PSP Investments | https://www.wibw.com/prnewswire/2022/07/11/psp-investments-partners-with-wsp-launch-comprehensive-climate-analysis-over-3-million-hectares-timberland-farmland/ | 2022-07-11T14:42:42Z |
WASHINGTON, Sept. 12, 2022 /PRNewswire/ -- Two years ago today, Bertram LLP opened its doors. Bertram LLP is a technology-driven, national law firm that represents employers, boards and executives in executive-level transitions and disputes. After over 30 years working for and managing large, international law firms, founder Connie Bertram opened the firm to focus on what she calls "Executive Employment Law." She explains that:
"Essentially, we have taken all aspects of employment and executive comp law and applied them to the executive and board level, where transactions, disputes and investigations are more sensitive, highly-charged and complex."
In establishing Bertram LLP, Connie understood that although there are thousands of firms that practice employment law, executives, owners and board members have difficulty retaining quality counsel. Executives and board members of publicly traded or private equity-backed companies often cannot retain big law firms because they create conflicts of interest with the firms' existing clients—or companies they hope will become clients in the future. In addition, traditional plaintiffs-side firms may not have the expertise in the complex corporate, equity and tax issues raised by executive-level transitions and disputes.
Bertram LLP negotiates and litigates disputes concerning all aspects of an executive, board member or owner's relationship with and investment in their company:
- Employment and retention agreements,
- Equity and long-term incentive plans and agreements,
- Confidentiality, non-compete and non-solicit agreements,
- Internal investigations of alleged malfeasance,
- Severance plans and agreements,
- Partnership and LLC agreements,
- Due diligence in M&A transactions, and
- Separation and release agreements.
Bertram LLP also conducts internal investigations of complaints and disputes involving executives, owners and/or board members and other sensitive employment and compliance matters. The firm has particular expertise investigating and counseling matters involving publicly traded and regulated companies, including federal government contractors and regulated utilities and transportation companies.
Bertram LLP's expertise has been recognized by national and international ratings services and the press and social media. Connie has been named the leading or top employment lawyer by Chambers & Partners USA, Benchmark Litigation, Legal 500, National Law Journal, Best Lawyers, Legal Times, Washingtonian, and Washington Business Journal. Later this month, Connie will be featured in Washingtonian Magazine for her "Lifetime Achievement in the Law."
Media contact:
Andrew J. Vogelsang, COO, Bertram LLP
avogelsang@bertramllp.com
(703) 599-5791
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SOURCE Bertram LLP | https://www.kxii.com/prnewswire/2022/09/12/bertram-llp-celebrates-its-second-anniversary/ | 2022-09-12T22:53:14Z |
Launching today, the 'Under the Desk News' anchor will bring their sharp commentary to the twice-weekly podcast to deliver thoughtful and digestible news
Listen to the First Episode HERE
LOS ANGELES, June 7, 2022 /PRNewswire/ -- Lemonada Media, the podcast network that makes life suck less, today premieres V Interesting -- a new, twice-weekly podcast hosted by beloved TikTok star V Spehar. Part explainer, part thought-starter show, every Tuesday and Friday the "Under the Desk News" anchor will bring their sharp outfits and witty commentary to make you the most well-informed and "v interesting" person in any crowd.
On Tuesdays, V will highlight the interesting parts of stories we often lose in the chaotic news cycle, with high-energy, upbeat and approachable breakdown of everything from top headlines to quirky under-the-radar news. Fridays are their chance to spend a lot of time going deeper into the complex, evergreen Big Issues that matter most, but don't have a simple, Tweetable solution. Friday's episodes will also be shared in video format on YouTube as well as on the traditional audio platforms.
"I am so excited to have the opportunity to make this show with Lemonada, which totally understood my vision for creating something that feels like a talk show crossed with a slumber party, like a conversation without the scare tactics to provide relief from doomscrolling," said V. "It's going to be great to have more time to do things like take audience questions and go deeper on the news than the little chunks I do on TikTok."
"The news cycle is confusing and polarizing. Lemonada and V partnering means we can help people understand the story behind the news and stay informed while being entertained," shared Jessica Cordova Kramer, CEO and co-founder of Lemonada Media. "We love the vibrant community V has built on TikTok and are so excited to welcome their fans to our Lemonada family."
The first episode of V Interesting is available now on all major podcast platforms with new episodes releasing every Tuesday and Friday. Subscribe to listen HERE.
A hi-res logo for V Interesting and a headshot for V Spehar can be found HERE.
ABOUT V SPEHAR (she/they)
V is the host and creator of TikTok's @underthedesknews with over 2.4 million subscribers. #Underthedesknews offers 60-second daily wrap ups of current events, political analysis, and special interest stories "explained". A highly sought after leadership coach, visioning expert, equity program auditor and emcee, V is credited with demystifying complex issues via gentle and sincere explainers.
V also has been a decades-long champion for LGBTQ+ leadership in the policy and food space and is a founding board member of the Queer Food Foundation & Rainbow Families. They also support the 4ward Project and crisis text line as part of their dedication to seeing you tomorrow.
ABOUT LEMONADA MEDIA:
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, 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. Now with over 50 diverse staff members nationwide, Lemonada is a full-service podcast network.
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. Lemonada is represented by Josh Lindgren at CAA.
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SOURCE Lemonada Media | https://www.wibw.com/prnewswire/2022/06/07/lemonada-media-premieres-new-podcast-v-interesting-hosted-by-beloved-tiktok-superstar-v-spehar/ | 2022-06-07T14:09:34Z |
ASUR Announces Total Passenger Traffic for August 2022
Published: Sep. 6, 2022 at 3:30 PM CDT|Updated: 2 hours ago
Compared to August 2019, passenger traffic increased by 34.8% in Colombia, 21.5% in Mexico and 11.1% in Puerto Rico
MEXICO CITY, Sept. 6, 2022 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), ASUR, a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that passenger traffic for August 2022 reached a total of 5.9 million passengers, 22.8% above the levels reported in August 2019.
Compared to August 2019, passenger traffic increased by 34.8% in Colombia, 21.5% in Mexico and 11.1% in Puerto Rico. All countries of operations reported increases in both domestic and international traffic.
This announcement reflects comparisons between the periods August 1 through August 31, 2022, 2021 and 2019. Transit and general aviation passengers are excluded from traffic measures in Mexico and Colombia.
About ASUR
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a leading international airport operator with a portfolio of concessions to operate, maintain and develop 16 airports in the Americas. This comprises nine airports in southeast Mexico, including Cancun Airport, the most important tourist destination in Mexico, the Caribbean and Latin America, and six airports in northern Colombia, including Medellin international airport (Rio Negro), the second busiest in Colombia. ASUR is also a 60% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Muñoz Marín International Airport serving the capital of Puerto Rico, San Juan. San Juan's Airport is the island's primary gateway for international and mainland-US destinations and was the first, and currently the only major airport in the US to have successfully completed a public–private partnership under the FAA Pilot Program. Headquartered in Mexico, ASUR is listed both on the Mexican Bolsa, where it trades under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) series B shares. For more information, visit www.asur.com.mx.
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The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/09/06/asur-announces-total-passenger-traffic-august-2022/ | 2022-09-06T22:05:15Z |
Live call and webcast will occur on May 10 at 9:00 a.m. ET
SANTA MONICA, Calif., April 25, 2022 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE) will report financial results for the first quarter ended March 31, 2022 on Monday, May 9, 2022 after market close, in a stockholder letter that will be accessible from the Company's Investor Relations website at ir.truecar.com.
Mike Darrow, President and Chief Executive Officer, and Jantoon Reigersman, Chief Financial Officer and Chief Operating Officer, will host a call on Tuesday, May 10 at 9:00 a.m. Eastern Time to discuss the results. A live webcast of the call will also be accessible through TrueCar's Investor Relations website.
An archived version of the call will be available upon completion on the Investor Relations section of TrueCar's website at ir.truecar.com.
TrueCar invites its stockholders to submit and upvote questions for its management team. To submit questions, please visit the Say Connect platform here, starting on May 3. The Q&A platform will remain open until 24 hours before the call. Management intends to respond to a selection of questions during its earnings call.
TrueCar is a leading automotive digital marketplace that enables auto buyers to connect to our nationwide network of Certified Dealers. We are building the industry's most personalized and efficient auto buying experience as we seek to bring more of the purchasing process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new and used cars – all with a clear view of what's a great deal. When they are ready, TrueCar will enable them to connect with a local Certified Dealer who shares in our belief that truth, transparency and fairness are the foundation of a great auto buying experience. As part of our marketplace, TrueCar powers auto-buying programs for over 250 leading brands, including AARP, Sam's Club, Navy Federal Credit Union and American Express. TrueCar is headquartered in Santa Monica, California, with an office in Austin, Texas.
For more information, please visit www.truecar.com, and follow us on Facebook or Twitter.
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SOURCE TrueCar.com | https://www.mysuncoast.com/prnewswire/2022/04/25/truecar-announce-first-quarter-2022-financial-results-stockholder-letter-may-9/ | 2022-04-25T13:36:43Z |
Award recognizes custodial and janitorial staff who clean and prevent infections in educational facilities across the country
NORTHBROOK, Ill., Aug. 17, 2022 /PRNewswire/ -- UMF Corporation today opened nominations for its first annual Education Hygiene Specialist Excellence Award, which acknowledges the contributions of janitorial staff at K-12 schools, colleges and universities across the country. Modeled on UMF's Hygiene Specialist and Guest Room Attendant Excellence Awards for healthcare and hospitality, respectively, the Education Hygiene Specialist Excellence Award recognizes the crucial role school custodians play in providing a safe hygienic environment for students, teachers, and staff. Nominations are open through December 31, 2022.
"UMF is committed to supporting, recognizing, and celebrating the essential workers who are responsible for the cleaning and disinfection process in healthcare facilities, hotels, and educational institutions," said UMF Corporation CEO George Clarke. "We are privileged to introduce the first annual Education Hygiene Specialist Excellence Award to acknowledge the custodial staff whose jobs are critical in mitigating the risk of infections among students, teachers, and staff. COVID-19 resulted in a crash course in infection prevention across all industries. School custodians were required to learn and embrace new cleaning and disinfection protocols, putting their lives on the line as they showed up day in and day out to help keep schools open."
From initial school closings and remote learning to masking, hybrid learning, eating in classrooms, and frequent handwashing, the impacts of the pandemic were felt deeply and broadly across every level of education. Once they reopened, schools' cleaning and disinfection processes had changed dramatically, often including best practices such as color coding to prevent cross-contamination and enhanced disinfection. Custodial staff were responsible for processing student and staff environments in new ways to ensure optimal infection prevention.
CDC guidance includes daily – or more frequent, depending on level of use – cleaning and disinfection of all frequently touched surfaces. With hundreds to thousands of students passing through daily, custodians have their work cut out for them. They are responsible for first cleaning and then disinfecting all surfaces using a product from the EPA's List N, which includes disinfectants that are effective against the virus that causes COVID-19.
Recognition Improves Outcomes
According to research published in the American Journal of Infection Control, healthcare facilities that focus on education, accountability, and recognition of environmental services staff dramatically reduced healthcare-associated infections.
"It is time to break stereotypes and recognize that janitors, custodians, and housekeepers are now equal in many ways to the hospital environmental service department," added Clarke. "The education hygiene specialist is the first line of defense in providing safe student environments. They're an integral part of health and safety at our educational facilities, so we must recognize and celebrate them regularly. The Education Hygiene Specialist Excellence Award is one way to do just that."
Nominate your dedicated school custodian today. The award recipient will receive an all-expenses paid trip for two, including airfare and hotel to a location of their choice within the 48 contiguous states. Nomination forms, available at https://bit.ly/UMFEHS22, will remain open through the end of 2022.
UMF Corporation is the leader in the research and development of high-performance products, programs and training for the infection prevention and commercial cleaning markets. Through extensive testing, exhaustive analysis and the commitment of significant human and financial resources, new antimicrobial technologies have been merged with innovative product designs that are redefining the future of clean®. LinkedIn.
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SOURCE UMF Corporation | https://www.kxii.com/prnewswire/2022/08/17/umf-corporation-calls-nominations-first-annual-education-hygiene-specialist-excellence-award/ | 2022-08-17T16:04:39Z |
As the first and only biologic targeting both cytokines interleukin (IL)-12 and IL-23, STELARA provides a new therapeutic option for children six years of age and older living with active psoriatic arthritis
Active psoriatic arthritis in pediatric patients is a rare disease affecting five to eight percent of children and adolescents with chronic inflammatory arthritis*1-6
HORSHAM, Pa., Aug. 1, 2022 /PRNewswire/ -- The Janssen Pharmaceutical Companies of Johnson & Johnson today announced that the U.S. Food and Drug Administration (FDA) has approved STELARA® (ustekinumab) for the treatment of pediatric patients six years of age and older with active psoriatic arthritis (PsA). This rare disease that resembles adult PsA affects five to eight percent of children and adolescents with chronic inflammatory arthritis.*1-7 Two of the four indications for STELARA now include pediatric patients, further expanding its treatment profile since the first approval in 2009 for adults living with moderate to severe plaque psoriasis (PsO).
STELARA is a fully human monoclonal antibody that selectively inhibits both interleukin (IL)-12 and IL-23, two cytokines thought to play an important role in tempering the overactive inflammatory response in several autoimmune diseases. STELARA is administered as a subcutaneous injection dosed four times per year after two starter doses for the treatment of pediatric patients six years of age and older with active PsA.
"We know active pediatric psoriatic arthritis is a challenging inflammatory disease given its rarity and that symptoms, such as swollen joints and skin lesions, can vary significantly in presentation and severity," said Terence Rooney, M.D., Ph.D., Vice President, Rheumatology and Maternal Fetal Disease Area, Janssen Research & Development, LLC. "With this pediatric approval of STELARA, we're pleased to help address the unmet needs of these young patients and provide physicians with a much-needed treatment option that has an established track record of safety and efficacy."
The FDA's approval was based on pharmacokinetic (PK) data and extrapolation of the established efficacy and existing safety profile of STELARA in multiple Phase 3 studies in adult and pediatric patients with moderate to severe plaque PsO (PSTELLAR, CADMUS, and CADMUS Jr) and adult patients with active PsA (PSUMMIT I and II). With the limited availability of pediatric PsA patients for inclusion in clinical trials, researchers utilized an extrapolation approach based on previous PK, efficacy and safety observations from a closely adjacent population of pediatric patients with moderate to severe plaque PsO who also had active PsA, as well as adult patients with moderate to severe plaque PsO or active PsA. An analysis of the data demonstrated that PK exposure of STELARA in these pediatric PsO patients with active PsA was consistent with that of Phase 3 clinical trials of STELARA in pediatric PsO patients without active PsA, as well as with adult patients with moderate to severe plaque PsO or adult patients with active PsA, while data on common efficacy endpoints were similar in these pediatric PsO patients with active PsA.
"The approval of STELARA for use in children six years of age and older with active psoriatic arthritis, which follows the 2020 approval for moderate to severe plaque psoriasis in this population, is complemented by more than 12 years of clinical trial and real-world evidence across all approved indications demonstrating the safety and efficacy of this biologic therapy," said Jennifer Davidson, DO, Vice President of Immunology Medical Affairs, Janssen Scientific Affairs, LLC. "As a global leader in immunology, Janssen is dedicated to reducing the burden of chronic autoimmune diseases, and this additional approval for STELARA builds on our legacy of bringing important treatment options to younger patients."
Janssen is actively working toward greater patient accessibility through improved commercial first-line formulary coverage, as well as patient-specific support services specifically for patients to start and stay on STELARA® treatment after a prescribing decision has been made.
STELARA withMe offers a comprehensive support program that helps patients get started on STELARA and stay on track. STELARA withMe provides information on insurance coverage, potential out-of-pocket costs, and treatment support, and identifies options that may help make treatment more affordable, including the STELARA withMe Savings Program for commercially insured patients who are eligible.
Active psoriatic arthritis (PsA) in pediatric patients, a rare disease that resembles adult PsA, affects five to eight percent of children and adolescents with chronic inflammatory arthritis.*1-7 Symptoms of active pediatric PsA can vary significantly in presentation and severity from patient to patient, but often include joint inflammation and skin lesions.8 PsA can be a challenging disease to treat – especially in younger populations – reinforcing the need for additional treatment options.
PSTELLAR, a Phase 3b, randomized, double-blind, active-controlled, multicenter study assessed the effect of extending maintenance dosing intervals beyond 12 weeks on the clinical efficacy and safety of STELARA in patients with moderate to severe plaque psoriasis. Adults with moderate to severe plaque psoriasis received STELARA at weeks 0, 4 and 16 during open-label treatment. Patients achieving a week-28 Physician's Global Assessment (PGA) score of cleared/minimal (PGA = 0/1) were randomized 1:4 to group 1 [approved every 12 weeks (q12 wk) maintenance] or group 2 (q12-24 wk; response-based dosing determined by time to loss of PGA = 0/1). Key endpoints included the number of visits with PGA = 0/1 (primary end point) and ≥ 75 percent improvement in Psoriasis Area and Severity Index (PASI 75) between weeks 88 and 112, and PGA/PASI responses between weeks 28 and 112.
CADMUS, a Phase 3, randomized, double-blind, placebo-controlled, parallel, multicenter trial, evaluated the efficacy and safety of STELARA in adolescent patients 12 to 17 years of age with moderate to severe plaque psoriasis. Patients (N=110) had been diagnosed with psoriasis more than six months prior to first study agent administration and had a Psoriasis Area Severity Index (PASI) score greater than or equal to 12, a Physician's Global Assessment (PGA) score greater than or equal to 3 and body surface area (BSA) involvement of at least 10 percent. In addition, patients were inadequately controlled with topical therapy or were candidates for systemic/phototherapy.
A Phase 3 study, CADMUS Jr, evaluated the efficacy and safety of STELARA in the treatment of pediatric patients 6 to 11 years of age living with moderate to severe plaque psoriasis.
Two Phase 3 multicenter, randomized, double-blind, placebo-controlled trials of STELARA in adult patients with active psoriatic arthritis, PSUMMIT I and PSUMMIT II, evaluated the efficacy and safety of subcutaneously administered STELARA 45 mg or 90 mg at weeks 0, 4 and then every 12 weeks. The trials included adult patients diagnosed with active psoriatic arthritis who had at least five tender and five swollen joints and C-reactive protein (CRP) levels of at least 0.3 mg/dL despite previous treatment with conventional therapy. PSUMMIT II also included adult patients with previous exposure to tumor necrosis factor (TNF) inhibitors. The primary endpoints for both studies were the proportion of patients demonstrating at least a 20 percent improvement in arthritis signs and symptoms [American College of Rheumatology (ACR) 20] at week 24. Secondary endpoints at week 24 included in the submissions were: improvements in Health Assessment Questionnaire Disability Index (HAQ-DI) scores, a 50 or 70 percent improvement in arthritis signs and symptoms (ACR 50 or ACR 70), and at least a 75 percent improvement in psoriatic skin lesions as measured by the Psoriasis Area Severity Index (PASI 75) in patients with at least three percent body surface area involvement at baseline.
STELARA® (ustekinumab), a human interleukin (IL)-12 and IL-23 antagonist, is approved in the United States for the treatment of: 1) adults and children six years and older with moderate to severe plaque psoriasis who are candidates for phototherapy or systemic therapy; 2) adults and children six years and older with active psoriatic arthritis; 3) adult patients (18 years and older) with moderately to severely active Crohn's disease; 4) adult patients (18 years and older) with moderately to severely active ulcerative colitis.
The Janssen Pharmaceutical Companies of Johnson & Johnson maintain exclusive worldwide marketing rights to STELARA.
* When other known causes of arthritis have been excluded.3,5,10
STELARA® is a prescription medicine that affects your immune system. STELARA® can increase your chance of having serious side effects including:
STELARA® may lower your ability to fight infections and may increase your risk of infections. While taking STELARA®, some people have serious infections, which may require hospitalization, including tuberculosis (TB), and infections caused by bacteria, fungi, or viruses.
- Your doctor should check you for TB before starting STELARA® and watch you closely for signs and symptoms of TB during treatment with STELARA®.
- If your doctor feels that you are at risk for TB, you may be treated for TB before and during treatment with STELARA®.
You should not start taking STELARA® if you have any kind of infection unless your doctor says it is okay.
- think you have an infection or have symptoms of an infection such as:
- are being treated for an infection or have any open cuts.
- get a lot of infections or have infections that keep coming back.
- have TB, or have been in close contact with someone with TB.
After starting STELARA®, call your doctor right away if you have any symptoms of an infection (see above). These may be signs of infections such as chest infections, or skin infections or shingles that could have serious complications. STELARA® can make you more likely to get infections or make an infection that you have worse. People who have a genetic problem where the body does not make any of the proteins interleukin 12 (IL‐12) and interleukin 23 (IL‐23) are at a higher risk for certain serious infections that can spread throughout the body and cause death. People who take STELARA® may also be more likely to get these infections.
STELARA® may decrease the activity of your immune system and increase your risk for certain types of cancer. Tell your doctor if you have ever had any type of cancer. Some people who had risk factors for skin cancer developed certain types of skin cancers while receiving STELARA®. Tell your doctor if you have any new skin growths.
PRES is a rare condition that affects the brain and can cause death. The cause of PRES is not known. If PRES is found early and treated, most people recover. Tell your doctor right away if you have any new or worsening medical problems including: headache, seizures, confusion, and vision problems.
Serious allergic reactions can occur. Stop using STELARA® and get medical help right away if you have any symptoms of a serious allergic reaction such as: feeling faint, swelling of your face, eyelids, tongue, or throat, chest tightness, or skin rash.
Cases of lung inflammation have happened in some people who receive STELARA® and may be serious. These lung problems may need to be treated in a hospital. Tell your doctor right away if you develop shortness of breath or a cough that doesn't go away during treatment with STELARA®.
- have any of the conditions or symptoms listed above for serious infections, cancers, or PRES.
- ever had an allergic reaction to STELARA® or any of its ingredients. Ask your doctor if you are not sure.
- are allergic to latex. The needle cover on the prefilled syringe contains latex.
- have recently received or are scheduled to receive an immunization (vaccine). People who take STELARA® should not receive live vaccines. Tell your doctor if anyone in your house needs a live vaccine. The viruses used in some types of live vaccines can spread to people with a weakened immune system, and can cause serious problems. You should not receive the BCG vaccine during the one year before receiving STELARA® or one year after you stop receiving STELARA®.
- have any new or changing lesions within psoriasis areas or on normal skin.
- are receiving or have received allergy shots, especially for serious allergic reactions.
- receive or have received phototherapy for your psoriasis.
- are pregnant or plan to become pregnant. It is not known if STELARA® can harm your unborn baby. You and your doctor should decide if you will receive STELARA®.
- are breastfeeding or plan to breastfeed. It is thought that STELARA® passes into your breast milk.
- talk to your doctor about the best way to feed your baby if you receive STELARA®.
Tell your doctor about all the medicines you take, including prescription and over‐the‐counter medicines, vitamins, and herbal supplements. Know the medicines you take. Keep a list of them to show your doctor and pharmacist when you get a new medicine.
- Use STELARA® exactly as your doctor tells you to.
- STELARA® is intended for use under the guidance and supervision of your doctor. In children 6 years and older, it is recommended that STELARA® be administered by a healthcare provider. If your doctor decides that you or a caregiver may give your injections of STELARA® at home, you should receive training on the right way to prepare and inject STELARA®. Your doctor will determine the right dose of STELARA® for you, the amount for each injection, and how often you should receive it. Do not try to inject STELARA® yourself until you or your caregiver have been shown how to inject STELARA® by your doctor or nurse.
Common side effects of STELARA® include: nasal congestion, sore throat, and runny nose, upper respiratory infections, fever, headache, tiredness, itching, nausea and vomiting, redness at the injection site, vaginal yeast infections, urinary tract infections, sinus infection, bronchitis, diarrhea, stomach pain, and joint pain. These are not all of the possible side effects with STELARA®. Tell your doctor about any side effect that you experience. Ask your doctor or pharmacist for more information.
Please click to read the full Prescribing Information and Medication Guide for STELARA® and discuss any questions you have with your doctor.
You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1‐800‐FDA‐1088.
cp-124932v5
At Janssen, we're creating a future where disease is a thing of the past. We're the Pharmaceutical Companies of Johnson & Johnson, working tirelessly to make that future a reality for patients everywhere by fighting sickness with science, improving access with ingenuity, and healing hopelessness with heart. We focus on areas of medicine where we can make the biggest difference: Cardiovascular, Metabolism, & Retina; Immunology; Infectious Diseases & Vaccines; Neuroscience; Oncology; and Pulmonary Hypertension.
Learn more at www.janssen.com. Follow us at www.twitter.com/JanssenGlobal and www.twitter.com/JanssenUS.
Janssen Research & Development, LLC, Janssen Biotech, Inc. and Janssen Scientific Affairs, LLC are part of the Janssen Pharmaceutical Companies of Johnson & Johnson.
This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding development of STELARA® (ustekinumab). The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of Janssen Research & Development, LLC, any of the other Janssen Pharmaceutical Companies and/or Johnson & Johnson. Risks and uncertainties include, but are not limited to: challenges and uncertainties inherent in product research and development, including the uncertainty of clinical success and of obtaining regulatory approvals; uncertainty of commercial success; manufacturing difficulties and delays; competition, including technological advances, new products and patents attained by competitors; challenges to patents; product efficacy or safety concerns resulting in product recalls or regulatory action; changes in behavior and spending patterns of purchasers of health care products and services; changes to applicable laws and regulations, including global health care reforms; and trends toward health care cost containment. A further list and descriptions of these risks, uncertainties and other factors can be found in Johnson & Johnson's Annual Report on Form 10-K for the fiscal year ended January 2, 2022, including in the sections captioned "Cautionary Note Regarding Forward-Looking Statements" and "Item 1A. Risk Factors," and in Johnson & Johnson's subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Copies of these filings are available online at www.sec.gov, www.jnj.com or on request from Johnson & Johnson. None of the Janssen Pharmaceutical Companies nor Johnson & Johnson undertakes to update any forward-looking statement as a result of new information or future events or developments.
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SOURCE Janssen Pharmaceutical Companies of Johnson & Johnson | https://www.wibw.com/prnewswire/2022/08/01/stelara-ustekinumab-approved-by-us-food-drug-administration-treat-pediatric-patients-with-active-psoriatic-arthritis/ | 2022-08-01T14:54:30Z |
Win a $1,500 Wonder Girls Wellness Scholarship | Apply by September 12th
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Wonder Girls, a non-profit | after-school program for middle and high school girls with a mission to build confidence, leadership, community and business skills launches Wonder Girls Wellness, a month-long campaign to address the importance of self-care, mental health, healthy eating, and daily exercise among teens.
"Wonder Girls is dedicated to exposing young women to lifestyle practices and experts that will help build a strong foundation for their future. The Wonder Girls Wellness Campaign is focused on supporting the growth and development of the mind, body, and spirit," said Dr. Kerry-Anne Perkins, Obstetrician-Gynecologist, U.S. Army Captain, Wonder Girls Board Member, Speaker and Mentor.
Wonder Girls, sponsored by Hologic, Goya Foods, Varsity House and Phoenix Physical Therapy, will be dishing out health-related content each week via social media including LIVE interviews with fitness and health experts, a FREE virtual workshop for girls, parents and educators on September 13th at 7pm via Zoom, and a volunteer day. The month will then end strong with its second annual Wonder Girls Wellness Day | Fitness Fundraiser, a three-hour in-person event packed with workshops, panel discussions, prizes, swag bags and more! The fundraiser will be held at Varsity House in Orangeburg, New York on Friday, September 23, 2022 from 5:00 p.m. – 8:00 p.m.
"I am so excited to host this year's Fitness Fundraiser and to help encourage other girls my age to start taking care of themselves. It's going to be a fun event that we can experience all together and meet amazing experts within the wellness field," said Caila Barreiros, Wonder Girls ambassador and Senior at Lyndhurst High School.
Wonder Girls will also provide one student with a $1500 scholarship. The application is due by September 12, 2022 and will be awarded at the Fitness Fundraiser. For more details about the scholarship, please visit: Wonder Girls Wellness Scholarship.
All funding raised throughout September will go towards educational programming and scholarships for Wonder Girls. For event tickets, more information and to donate to Wonder Girls, please visit: Wonder Girls Wellness.
About Wonder Girls: Wonder Girls is a 501c3 non-profit | after-school program for middle and high school girls with a mission to build confidence, leadership, community, and the necessary business skills to succeed no matter what educational or career path they may choose. We believe that every Wonder Girl deserves the opportunity to thrive as leaders of their own lives despite economic, social, or educational challenges. All donations are 100% tax-deductible. For more info: www.wondergirlsusa.org
For more information, contact:
Natalie J. Maniscalco
Retro Media NYC
845.659.6506 / natalie@retromedianyc.com
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SOURCE WONDER GIRLS USA | https://www.kxii.com/prnewswire/2022/09/12/wonder-girls-launch-2nd-annual-wellness-campaign-address-importance-self-care-mental-health-nutrition-exercise-among-teens/ | 2022-09-12T15:24:35Z |
BEIJING, Aug. 5, 2022 /PRNewswire/ -- On August 3, China Galaxy International Financial Holdings Limited released a new report and reiterated its "Overweight" rating on Joy Spreader Group Inc. (6988.HK, "Joy Spreader" or the "Company"). The rating firm lowered the target price to HK$2.41 based on a 20x 2022 P/E ratio. The ratio is lower than the average of 26x since the IPO. Based on a new assessment of Joy Spreader's gross margins, China Galaxy International downgraded its estimates for the Chinese tech firm's net profits for 2022, 2023 and 2024 by 2.9%, 3.1% and 3.5%, respectively.
The marketing technology firm's share price fell by more than 50% in the past two days, nevertheless, the rating firm stated that they could find nothing in the company's actions to cause the decline.
Despite the challenging industry environment, China Galaxy International still expects Joy Spreader to achieve notable revenue growth. The international e-commerce business is expected to become a new revenue growth driver for the group as it will bring revenue up to an entirely new scale while raising the quality of the business overall. The new business will also serve to limit the size of any losses. In the first half of the year 2022, Joy Spreader's overall net profit was impacted by the rising contribution from the lower margin e-commerce business, however, this was a short-term event and somewhat in line with expectations. For the full year 2022, as China's online game license approval process has been normalized and the impact of pandemic prevention procedures on e-commerce logistics is on track to be mitigated in the second half of the year, the domestic business is expected to achieve positive year-on-year growth. The group's growth in 2022-2024 will be driven by the recovery of domestic business, the expansion of the overseas e-commerce business, and margin recovery.
As a leading new media commercialization technology company in China, Joy Spreader is committed to using its digital business intelligence capabilities to enable customers from e-commerce, interactive entertainment and other sectors to improve their results and the efficiency of their business activities (e-commerce sales, interactive entertainment product distribution, and marketing campaigns) on global mobile new media platforms, while helping clients achieve direct access to their products for consumers.
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SOURCE Joy Spreader Group Inc. | https://www.wibw.com/prnewswire/2022/08/05/joy-spreader-reiterated-overweight-rating-by-china-galaxy-international/ | 2022-08-05T13:47:09Z |
Dona D. Young to Become Non-Executive Chair, Effective February 1, 2023
Transition Reflects Thorough Succession Planning Process and Strong Governance
NEW YORK, Aug. 19, 2022 /PRNewswire/ -- Foot Locker, Inc. (NYSE: FL) ("Foot Locker" or "the Company"), the New York-based specialty athletic retailer, today announced that, as part of a planned succession process, Richard A. Johnson will retire as President and Chief Executive Officer, effective September 1, 2022. Mary N. Dillon, former Executive Chair and CEO of Ulta Beauty, Inc., has been appointed President and Chief Executive Officer and a member of the Foot Locker Board, also effective September 1, 2022.
Johnson will continue as Executive Chairman of the Board through January 31, 2023, and will step down from the Board at that time, subsequently remaining with the Company as a Senior Advisor to the Chief Executive Officer until early April 2023 to facilitate a smooth transition. The Company's Board has determined that the Chair and Chief Executive Officer roles will be separated, also effective September 1, 2022, and the Company's Lead Independent Director, Dona D. Young, will become non-Executive Chair, effective February 1, 2023.
Johnson has had a distinguished three-decade long career at Foot Locker, including having served as the Company's Chief Executive Officer since 2014 following two years as Chief Operating Officer and holding multiple other divisional leadership roles. During Johnson's tenure, he has led the development of the Company's strategic imperatives and long-term plan, overseen sales growth to approximately $9 billion in 2021 from approximately $7 billion in 2014, been responsible for a number of investments and acquisitions, including WSS and atmos in 2021, led Foot Locker's digital transformation and strategy to expand into new geographies as well as diversify product mix across brands and categories, along with strengthening the Company's focus on DE&I and ESG initiatives.
"It has been a privilege and an honor to lead Foot Locker and work alongside the best team in retail for nearly 30 years," said Johnson. "Together, we have built a broad house of brands and banners fueled by a shared passion for the global sneaker community. We have turned a brick-and-mortar company into an interactive retail community poised for long-term growth in the digital era. The Board and I have worked closely together on a thoughtful succession plan, and with a strong foundation in place and ongoing momentum against our strategic objectives, we believe now is the right time to complete the CEO transition. We are confident that Mary is the ideal person to serve as Foot Locker's next CEO and lead the Company forward. Mary has established a remarkable track record in the retail industry, and she brings an incredible mix of talent, experience and commitment to take Foot Locker to the next level."
Dillon said, "I am thrilled to be joining Foot Locker, an iconic company that possesses a strong set of values and focus on the customer experience as well as tremendous growth opportunities. It is clear how Foot Locker sits at the heart of the global sport and sneaker community, and I am excited to become part of the Company's team. I look forward to working closely with Dick to ensure a smooth transition, and to partnering with the Board, leadership team and nearly 50,000 team members around the world to build on Foot Locker's strong foundation and help shape the Company's future."
Young noted, "On behalf of the Board and the entire Foot Locker team, I extend our deepest gratitude to Dick for his dedication, leadership and outstanding contributions. It has truly been an honor and a privilege serving on the Board with Dick. He has left an indelible mark on the business, organization and sneaker community and we wish him only the best on his well-deserved retirement from the Company and next chapter of his life's journey. Looking forward, we are unanimous in our belief that Mary will be a tremendous addition to Foot Locker's dynamic and diverse leadership team. Mary's experience leading consumer-driven businesses and building robust brand portfolios, along with her commitment to culture, is deeply aligned with Foot Locker's priorities and strategy."
Young added, "Today's Board and leadership transitions are the culmination of a multi-year succession planning process which mirrors our track record of active planning for board succession and adherence to governance best practices. We are confident this will be a smooth transition as the Board and leadership team continue to focus on driving value for all Foot Locker stakeholders."
Dillon has over 35 years of experience leading consumer-driven businesses in a diverse range of industries, from consumer-packaged goods to restaurants to telecom to beauty and retail. She brings deep consumer marketing and digital transformation expertise, strong operational experience, a proven track record of shareholder value creation and a demonstrated commitment to leadership development. Most recently, she served as Executive Chair of Ulta Beauty, after having served as CEO for eight years, and was responsible for guiding the company as it became the leading beauty destination in the U.S. and a successful omni-channel retailer with a best-in-class loyalty program. This led to revenue CAGR of 16% and the tripling of the company's market capitalization over her tenure. Previously, Dillon served as President, CEO and a member of the Board of Directors of U.S. Cellular, the Global Chief Marketing Officer of McDonald's Corp., and held leadership roles at PepsiCo. Dillon also has extensive public company board experience. She received a Bachelor of Science in Marketing and Asian Studies from the University of Illinois at Chicago.
Foot Locker, Inc. leads the celebration of sneaker and youth culture around the globe through a portfolio of brands including Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, atmos, WSS, and Sidestep. With approximately 2,800 retail stores in 28 countries across North America, Europe, Asia, Australia, and New Zealand as well as websites and mobile apps, the Company's purpose is to inspire and empower youth culture around the world, by fueling a shared passion for self-expression and creating unrivaled experiences at the heart of the global sneaker community. Foot Locker, Inc. has its corporate headquarters in New York. For additional information please visit footlocker-inc.com.
Disclosure Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws. Other than statements of historical facts, all statements which address activities, events, or developments that Foot Locker, Inc. anticipates will or may occur in the future, including, but not limited to, such things as future capital expenditures, expansion, strategic plans, financial objectives, dividend payments, stock repurchases, growth of Foot Locker, Inc.'s business and operations, including future cash flows, revenues, and earnings, and other such matters, are forward-looking statements. These forward-looking statements are based on many assumptions and factors which are detailed in Foot Locker, Inc.'s filings with the U.S. Securities and Exchange Commission.
These forward-looking statements are based largely on our expectations and judgments and are subject to a number of risks and uncertainties, many of which are unforeseeable and beyond our control. For additional discussion on risks and uncertainties that may affect forward-looking statements, see "Risk Factors" disclosed in Foot Locker, Inc.'s Annual Report on Form 10-K for the year ended January 29, 2022, filed on March 24, 2022. Any changes in such assumptions or factors could produce significantly different results. Foot Locker, Inc. undertakes no obligation to update forward-looking statements, whether as a result of new information, future events, or otherwise.
Investor Contact:
Robert Higginbotham
Vice President, Investor Relations
robert.higginbotham@footlocker.com
(212) 720-4600
Media Contact:
Cara Tocci
Vice President, Corporate Communications
cara.tocci@footlocker.com
(914) 582-0304
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SOURCE Foot Locker IR | https://www.wibw.com/prnewswire/2022/08/19/richard-johnson-retire-chairman-ceo-mary-n-dillon-appointed-ceo-effective-september-1-2022/ | 2022-08-19T11:36:38Z |
FAA to give airports $1 billion for terminals and upgrades
WASHINGTON (AP) — The Biden administration is giving nearly $1 billion to 85 airports to expand and upgrade terminals and other facilities, using money approved in last year’s huge infrastructure bill.
Transportation Secretary Pete Buttigieg said the projects will help meet future demand for travel and make flying safer and more efficient.
“I don’t think anybody could look at airports across America today and say that the existing system and existing levels of funding have been adequate,” Buttigieg told reporters.
The grants announced Thursday are the first installment of $5 billion for airport projects that were included in an infrastructure bill that Congress approved and President Joe Biden signed last November.
The largest of the Federal Aviation Administration grants include $60 million to improve the terminal and replace the bag-handling system at Denver International Airport, $50 million apiece for Boston’s Logan Airport and Orlando International Airport in Florida, $49.6 million for Dulles Airport outside Washington, D.C., to build a new concourse and $20 million for Pittsburgh International Airport to build a new terminal next to the old one.
The main airports in Detroit and Philadelphia will get more than $20 million each to renovate their restrooms.
The FAA said 532 airports submitted applications for 658 projects that, if all had been granted, would have totaled more than $14 billion.
In the past, federal funds have gone largely into runways, taxiways and towers while airports paid for terminal upgrades with money they get from passenger facility charges, or PFCs — up to $4.50 per flight that is tacked onto every airline ticket.
Buttigieg said it is fine to spend taxpayer money on projects that were generally funded by passenger fees in the past because “there is a need out there; taxpayers expect it and want it.”
Congress could consider raising ticket taxes for airport projects next year. Airports want to raise the fees, but airlines don’t.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/07/faa-give-airports-1-billion-terminals-upgrades/ | 2022-07-07T12:18:25Z |
Terry Robiskie says Butch Davis was good enough to win a Super Bowl with Cleveland Browns
CANTON — Terry Robiskie shared a thought that would stun many Browns fans.
"If I ever won the lottery and bought a team," he said, "I would hire Butch Davis."
Davis resigned with five games left in the 2004 season, his fourth year as Cleveland's head coach. His record was 24-36. Robiskie moved up from offensive coordinator and went 1-4 as the interim pilot.
Robiskie and Davis went their separate ways, and the years rolled by. On Thursday, Robiskie savored a day in the sun in Canton.
A room full of people applauded the first recipients of the Pro Football Hall of Fame's Awards of Excellence, which saluted 20 men who did great things behind the scenes.
Robiskie was one of five former assistant coaches honored, along with Alex Gibbs, Jimmy Raye, Fritz Shurmur and Ernie Zampese.
Robiskie spent 39 years as an NFL coach. His six years in Cleveland left a deeper impression than one might suppose.
He was in his mid-40s, long removed from his playing days, when his run as a coach in Washington reached a bittersweet ending. His friend and boss, Norv Turner, got fired with three games left in the 2000 season. Robiskie was promoted to interim head coach to finish out the season.
The new expansion team in Cleveland went 2-14 in 1999 and 3-13 in 2000. Owner Al Lerner wanted to give head coach Chris Palmer more time, but Lerner's right-hand man, Carmen Policy, talked him out of it.
Lerner and Policy flew to Florida and talked Davis into leaving the rising Miami Hurricanes to be head coach of the Browns. Davis needed a staff.
"Al Lerner basically came and recruited me personally to come to Cleveland," Robiskie said. "He visited me with Carmen Policy. Al said, 'I've heard a lot of special things about you. I want the organization to be special. I need you to come and join us.'
"It was one of the greatest feelings I ever had."
Bruce Arians, who was Peyton Manning's position coach with the Colts in 2000, jumped to the Browns as offensive coordinator. Robiskie came on as receivers coach. The Browns spent Round 2 draft picks on Kevin Johnson in 1999, Dennis Northcutt in 2000 and Quincy Morgan in 2001.
The 2001 team was on the verge of improving to 5-2, needing only to hold on to a 14-point lead at Chicago with less than a minute to play. Somehow, that game got away, and the record leaked to 7-9.
In 2002, after a 2-4 start, Lerner died from cancer. Morgan caught a Hail Mary at Jacksonville to put the record at 7-6. Down the stretch, a miracle win at Baltimore and some tiebreaker magic left the Browns in the playoffs at 9-7.
A playoff game at Pittsburgh was a wonderland for a while. Robiskie's three second-round receivers all worked magic with QB Kelly Holcomb. The Browns led 33-21 with less than five minutes left.
Then it was 31-28, but the Browns were still in good shape when Holcomb feathered a pass right into Northcutt's hand for seeming a 20-yard gain. The ball went through Northcutt's hands.
"I remember being on the sidelines feeling good about everything," Robiskie said. "I had played for the Raiders and coached for the Raiders, and when we beat the Steelers, our next playoff game was going to be against the Raiders, my old team.
"It kept running through my head. 'We're going to play the Raiders! We're going to play the Raiders!'
"Dennis dropped it. The Steelers put together a drive ..."
Pittsburgh won 36-33.
Hope flickered the next season. The Browns took down the Steelers 33-13 and then beat the defending AFC champion Raiders 13-7 to improve to 3-3.
A 2-8 slump and 5-11 finish prompted Davis to fire Arians and turn over the coordinator job to Robiskie. The 2004 Browns won a rousing opener against Baltimore and were 3-3 before that season got away.
Davis' last game was a 58-48 loss at Cincinnati. Robiskie's first game as interim head coach was with rookie QB Luke McCown at quarterback, in for veteran Jeff Garcia, who sulked his way out of town. The opponent was defending Super Bowl champion New England.
Robiskie hoped to stay on as head coach for 2005, but it was hard to look presentable with a rookie fourth-round pick playing QB after a pouting Garcia went home to Gilroy, California.
Romeo Crennel became head coach in 2005, based on winning three Super Bowls in four years as New England's defense coordinator.
Robiskie spent two more years in Cleveland as Crennel's receiver coach. Then he lived the nomadic life so familiar in his fraternity, working for the Dolphins, Falcons, Titans, Bills and Jaguars.
In reflecting on his career at the Hall of Fame on Thursday, he circled back to Davis.
"I played for some of the greatest coaches in football," he said. "John Madden. Tom Flores. Don Shula. I spent years with Al Davis. I worked for quite a few guys. The greatest enhancement to my coaching was the time with Butch Davis."
"I believe Butch could have won a Super Bowl as a head coach. He was knowledgeable, understanding, smart, technical, professional, detailed. His game plans were phenomenal.
"I greatly appreciate the coach he made me. I know. People say, 'Now Terry, he didn't win in Cleveland.
"I'm telling you. If ever won the lottery and bought a team, I would hire Butch Davis."
Robiskie and the other honorees were introduced during a program emceed by Hall of Fame quarterback Dan Fouts. About 300 people, including family members from all over the country, jammed the Hall's events center.
Robiskie's entourage included his son Brian, a former Ohio State receiver who was a second-round draft pick by the Browns in 2009.
"Brian is doing well," Terry said. "He's married to a beautiful girl. He's got a kid and a kid on the way, and he's living in Los Angeles. We play golf once a week. We go to dinner once a week. We hang out and we talk, just not a lot about football.
"I have two other sons, one who lives out there and another who will be moving there. I moved out there to be close to my grandkids. We're living a good life."
The Hall plans to make Awards of Excellence an annual event. Awards are presented in four categories.
In addition to assistant coaches, award winners recognized Thursday were:
Athletic trainers - George Anderson, Otho Davis, John Omohundro, Jerry Rhea and Fred Zamberletti
Equipment Managers - Sid Brooks, Ed Carroll, Tony Parisi, Dan “Chief” Simmons and Whitney Zimmerman.
Public Relations personnel - Joe Browne, Charlie Dayton, Joe Gordon, Jim Saccomano and Gary Wright.
Reach Steve at steve.doerschuk@cantonrep.com
On Twitter: @sdoerschukREP | https://www.cantonrep.com/story/sports/pro/pro-football-hof/2022/07/01/pro-football-hall-fame-awards-of-excellence-terry-robiskie-cleveland-browns-assistant-coaches/7770689001/ | 2022-07-01T09:07:12Z |
NEW YORK, June 15, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Upstart, Inc..
Shareholders who purchased shares of UPST during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: March 18, 2021 to May 9, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Upstart's AI model could not adequately account for macroeconomic factors such as interest rates that impact the market-clearing price for loans; (2) as a result, Upstart was experiencing a negative impact on its conversion rate; (3) as a result, the Company was reasonably likely to use its balance sheet to fund loans; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
DEADLINE: July 12, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/upstart-inc-loss-submission-form/?id=28541&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of UPST during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 12, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.kxii.com/prnewswire/2022/06/15/shareholder-alert-gross-law-firm-notifies-shareholders-upstart-inc-class-action-lawsuit-lead-plaintiff-deadline-july-12-2022-nasdaq-upst/ | 2022-06-15T10:09:23Z |
(The Hill) — Sky-high mortgage rates and a construction slowdown could push record rents and home prices even higher, further threatening housing affordability for millions of Americans.
Economists say that rising mortgage rates should cool down the housing market’s red-hot price appreciation in the short term but are also likely to drive up rents. New construction of houses and apartments is waning, suggesting that the nation’s meager housing supply won’t improve any time soon.
“It’s a perfect storm right now,” said Jerry Konter, a Savannah, Ga., residential property builder who chairs the National Association of Home Builders. “I don’t think I’ve ever seen this many red flags at one time in my entire career.”
Total housing starts fell 14.4 percent from April to May, reaching a 13-month low, according to Commerce Department data released last week. Construction of multifamily housing, which includes apartments, plummeted 23.7 percent month-over-month.
Home builders expect that trend to continue, warning that they’re under pressure from rising interest rates, global supply chain snags, higher material costs, a shortage of workers and other issues that are slowing down new construction.
The building slowdown comes as home prices remain at record highs. An average home in the U.S. sells for more than $430,000, according to real estate brokerage Redfin, which found that home prices rose 14.8 percent over the last year and 60 percent in the last five years.
The price appreciation is driven by dwindling housing supply that took a deep dive during the pandemic. Less than 1.5 million homes were listed for sale last month, down from 2.4 million during the same period five years ago.
Those looking for lower-cost homes are running out of options. Builders aren’t erecting many houses that first-time home buyers can afford, because the current environment makes it difficult for them to turn a profit on those projects, Konter said.
“The first-time homebuyer is being squeezed, which also squeezes renters because those people are no longer moving out of their apartments, and so rents are going to go up,” he added.
Rents have steadily risen alongside house prices. Redfin found that the median monthly rent surpassed $2,000 last month and rose 15.2 percent over the last 12 months.
“Although we expect rent-price growth to continue to slow in the coming months, it will likely remain high, causing ongoing affordability issues for renters,” Redfin deputy chief economist Taylor Marr said in a note, adding that mortgages are outpacing rents in some areas and more Americans are choosing to live alone.
Advocates have warned that the affordability crisis will lead to increased homelessness. A recent U.S. census study found that 8.8 million Americans were behind on their rent payments from late April to early May, up from 1.7 million individuals one year ago.
The Federal Reserve hiked interest rates by 75 basis points last week in its fight to cool down the nation’s surging inflation. The move, which will make it more expensive to build new homes, prompted the average 30-year fixed mortgage rate to rise to 5.78 percent, the highest mark in over a decade, according to Fannie Mae.
Higher mortgage rates are pricing first-time buyers out of the market. Under current 30-year rates, the monthly payment on a $430,000 loan is more than $2,500, up from roughly $1,800 one year ago.
Federal Reserve Chairman Jerome Powell acknowledged that home prices “might keep going up for a while even in a world where rates are up” and indicated that first-time homebuyers should stay on the sidelines for now.
“I would say if you’re a homebuyer, or a young person looking to buy a home, you need a bit of a reset,” Powell said during a press conference. “We need to get back to a place where supply and demand are back together and where inflation is down low again and mortgage rates are low again.”
It’s unclear when that will be. Some economists point to May home completions increasing 9.3 percent year-over-year, including a 33.2 percent increase in multifamily completions, as one reason to be optimistic that housing supply will recover.
Others, like Powell, are hoping for the completion of a massive supply of unfinished homes that have been delayed by supply chain issues and labor shortages. Home builders warn that those delays will continue to plague the construction of new homes.
The U.S. faces a shortfall of 1.5 million homes, according to a study from Moody’s Analytics, and that number could continue to rise as more millennials look to buy their own houses. The National Low Income Housing Coalition estimates that the U.S. has a shortage of 7 million rental homes that are affordable for extremely low-income renters.
Last month, President Biden announced an action plan that attempts to close the housing shortfall within five years. The White House aims to incentivize local governments to build denser cities with more affordable housing, create new financing mechanisms for manufactured homes, expand federal financing and rehabilitate hundreds of thousands of homes, among other measures.
“The plan’s policies to boost supply are an important element of bringing homeownership within reach for Americans who, today, cannot find an affordable home because there are too few homes for sale in their communities,” the White House said in a statement. | https://cw33.com/news/nexstar-media-wire/housing-costs-could-keep-climbing-heres-why/ | 2022-06-21T14:19:41Z |
New set of reverse ETL observability tools, centered around the data warehouse, simplifies sync troubleshooting and ensures delivery of quality business data
SAN FRANCISCO, May 12, 2022 /PRNewswire/ -- Census (www.getcensus.com), the Operational Analytics platform that syncs the data warehouse to all your business applications, has added a new set of observability tools to help data teams Sync with Confidence. These new tools empower engineers and analytics professionals to gain visibility into all data warehouse pipelines built with Census, monitor data quality, and troubleshoot data issues before they impact end users.
Business operations teams constantly work to make data in the warehouse actionable by providing better personalization and automation in business applications. Unfortunately, sometimes application integrations and data pipelines fail or yield inaccurate data. With this new suite of Census observability capabilities, data teams can become more confident and move more quickly when delivering large volumes of data to downstream tools.
"We believe the data warehouse should be the center of your operations, providing a single source of truth for the entire business," said Boris Jabes, CEO and co-founder of Census. "You should be able to manage logging, monitoring, and alerting from the data warehouse to gain visibility into data errors, simplify debugging, and gain transparency into API calls. Census now offers the most observable reverse ETL platform on the market to ensure data quality and resolve issues quickly."
Census's reverse ETL observability tools include:
- Sync Logs – Generates detailed logs in the warehouse of each data point synced to make it easier to audit, troubleshoot, monitor, and create alerts.
- API Inspector – Offers real-time transparency around API requests and responses, down to row-level visibility, making it easier to track and fix bugs as they happen.
- Sync Dry Runs – Provides a preview summary report of how downstream data will change, including expected sync time and destination changes, before any changes happen.
- Invalid/Rejected Records – Drills down into failed syncs in the product UI and shows reasons why certain records were skipped or rejected.
- Custom Alerting – Creates alerts for failures, invalid and rejected records, plus general errors, that are configurable per individual sync and also by error threshold.
"Census's warehouse logging has brought significant value by not just improving reverse ETL but also providing insights into all our data flows," said Suela Isaj, Ph.D., Data & Analytics Engineer at Issuu. "We're able to find bottlenecks in our ETL provider and our own transformations. They enable health end-to-end data flows by helping us drill down to each record and ensure data quality."
To showcase their new data warehouse-centric observability tools, Census is hosting a live webinar, "Sync with Confidence: Live Debugging for Reverse ETL," at 11 a.m. PT, May 26. For more information about Census reverse ETL observability tools, visit www.getcensus.com/sync-with-confidence.
About Census
Census is the leading Operational Analytics platform for syncing data from cloud data warehouses to downstream apps so business teams can take smarter, faster action. Census turns data warehouses into a hub for business operations, empowering everyone with trustworthy and actionable data. With its reverse ETL (extract, transfer, and load) tool, data teams can validate and publish analytics directly into all their applications in real-time. Hundreds of companies like Canva, Figma, Loom, and Notion use Census to sync billions of records to empower their customer success, sales, and marketing teams. Census is backed by Andreessen Horowitz, Insight Partners, Sequoia, and Tiger Global. For more information, visit https://www.getcensus.com or follow @census on Twitter.
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SOURCE Census | https://www.mysuncoast.com/prnewswire/2022/05/12/census-introduces-reverse-etl-observability-capabilities-help-data-teams-sync-with-confidence/ | 2022-05-12T18:07:23Z |
MIAMI (AP) — Practice ended at Florida International on a steamy Friday morning, and coach Mike MacIntyre gathered the team to go over the plan for the rest of the day.
When he was finished, there was one last order of business.
“Let’s have a prayer,” MacIntyre said. “A prayer for Luke’s family.”
Football resumed at FIU two days after 22-year-old linebacker Luke Knox — the brother of Buffalo Bills tight end Dawson Knox — died in a Miami hospital. The cause of death still has not been announced, though police have said foul play is not believed to have been involved.
MacIntyre has been close with Knox’s family for decades. He’s known David Knox, Luke Knox’s father, for more than 40 years. MacIntyre went to Brentwood Academy in Tennessee, the same prep school that many in the Knox family attended.
He coached Luke Knox at Mississippi, and MacIntyre taking over at FIU after last season is part of the reason why Knox transferred there.
MacIntyre and his team spent Thursday off the field grieving, snacking on pizza and chicken sandwiches, trying to watch a movie, telling stories about Knox, sometimes crying, sometimes laughing, often hugging. On Friday, they got back to football.
“There’s no perfect formula, but you love the kids, you’re with them, you’re listening to what they say,” MacIntyre said. “And like I told every one of them, and our coaches reiterated it multiple times, everybody grieves differently. You don’t know when it’s going to hit you. So, we allowed our kids to say, ‘I want to practice, I don’t want to practice,’ and I think that they’ve you handled it the best they can.”
Most players chose to practice Friday. Some asked to be excused, instead spending time with counselors and psychologists.
Luke Knox was unresponsive Wednesday night when found in his dorm room there by a teammate, police said. Police officers administered CPR upon arrival, and county rescue personnel took over when they came to transport Knox to a nearby hospital.
MacIntyre spent hours there, hoping for a miracle. He then went to the airport to pick up Knox’s parents in the wee hours of Thursday morning.
“We’re in the process of working through this,” MacIntyre said.
He has had to deal with something similar before, at Georgia Tech in the late 1980s, when one of his teammates, tight end Chris Caudle, drowned in a boating mishap. MacIntyre said he also had been getting calls from other coaches who have lost a player.
Lane Kiffin, who coached Knox at Ole Miss, said he was thankful for having known him.
“Really neat kid,” Kiffin said. “Got to spend a lot of 1-on-1 time with him. I’m fortunate for that. Sometimes you don’t because you’ve got so many players. Just happened to with him. It’s very unfortunate. … He impacted a lot of people. Probably more than he imagined, and you can see that from the reaction from so many people hurt.”
Some of that hurt has been turned to good.
Dawson Knox has helped raise funds for the P.U.N.T. Pediatric Cancer Collaborative in the Buffalo area during his time with the Bills. In a span of about 24 hours following the announcement of Luke Knox’s death, the organization received more than $100,000 in donations.
Most of those donations were for exactly $16.88. The 16 signifies Luke Knox’s jersey number at FIU, the 88 signifying Dawson Knox’s number with the Bills.
Funeral arrangements have not been made public. FIU is also deciding how it wants to honor Knox throughout this season, with MacIntyre saying he would leave that primarily up to the leaders on the team.
The first of their many tributes came Friday, after the post-practice prayer. Their final chant as they broke the huddle was “1, 2, 3, Luke.”
“I thought that was very fitting,” MacIntyre said.
And when he said that, he was no longer able to hold back his tears.
___
More AP college football: https://apnews.com/hub/college-football and https://twitter.com/ap_top25 | https://cw33.com/sports/ap-sports/at-fiu-the-process-of-grieving-luke-knox-is-just-beginning/ | 2022-08-19T22:29:07Z |
Whatever happened to: “Ask not what your country can do for you — ask what you can do for your country?”
Members of our government are at it again. They are dying to give away money we do not have. The president wants to forgive $10,000 in student loans per individual. Some members of Congress want to forgive even larger amounts, and people in the streets are demanding that all student loan debt be forgiven. I guess inflation isn’t bad enough.
The individuals who have received student loans were high school graduates, most of them 18 years old and had qualified to attend an institution of higher learning when they applied for the loan. They had families, teachers and counselors to advise them. They should have realized the financial burden they were taking on.
Not all these students lived Spartan lives while in college. Many of them had cars and smartphones. Many of them took vacations during spring breaks. Some took vacations to exotic locations.
If the government is going to forgive billions of dollars in student loans, what are they going to do for the majority of Americans who do not have student loans? Forgive their mortgages and car loans? After all, you cannot do for one child without doing for the other children.
There currently are some things individuals can do to earn student loan forgiveness. They can serve in the military, work for a qualified nonprofit, teach in the inner city or serve in an approved AmeriCorps Program. Perhaps they should consider one of these options before asking the rest of us to pay for their education. Perhaps the government should get out of the loan business.
Ray Olson
Temple | https://www.tdtnews.com/news/letters_to_the_editor/article_9de97d48-f731-11ec-8c9b-8b33173b6f35.html | 2022-06-29T10:22:18Z |
ALBANY -- In response to Georgia’s Rural Hospital Tax Credit Program, Draffin & Tucker LLP has announced that with its 2022 contribution of approximately $200,000, the Draffin Tucker team has contributed more than $1 million to eligible rural hospitals within the state over the last six years.
“Draffin Tucker works extensively with hospitals and health systems throughout the state of Georgia, of which many serve rural communities," firm Managing Partner Jeff Wright said in a news release. "Certainly, over the last couple of years, we have seen how vital rural hospitals are to not only their communities but to the state’s health care infrastructure. The Georgia Rural Hospital Tax Credit Program is just one of the many ways that our firm participates in supporting rural hospitals so they may continue to provide the care and services their communities need."
House Bill 769, the updated form of SB 258, seeks to drive private contributions to rural hospitals through a tax credit program, designed to bolster the rural hospital community in Georgia by generating total contributions in excess of $300 million over a five-year term. The Rural Hospital Tax Credit Program became effective in Georgia beginning January 1, 2017. From 2018 through 2022, Georgia taxpayers can access $60 million of rural hospital organization tax credits each year, with each qualified RHO having access to $4 million of tax credits (until the total annual $60 million cap is met).
For any questions regarding the Rural Hospital Tax Credit Program, reach out to Bert Bennett, partner at Draffin Tucker, at bbennett@draffin-tucker.com.
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Leading the way with One-Click Copy Trade, and beyond
SINGAPORE, June 14, 2022 /PRNewswire/ -- Leading global derivatives exchange - Bitget, has always placed product innovation at the core of its focus.
As social media and messenger platforms become an integral part of people's lives, be it professional or personal, there is no reason why crypto investment should not be incorporated. Social trading allows people to interact and observe other traders, as well as follow or execute the strategies of more experienced peers. Social trading also maximises one's own trading potential with a little help from someone more experienced.
Since its launch in May 2020, One-Click Copy Trade has broken the mould of trading patterns, bridging the gap between traders from all corners of the world. Thus, a social trading pattern has been forged into Bitget's core, where followers and traders can interact without boundaries and carve their own interconnected path to financial freedom. To date, Bitget's One-Click Copy Trade has amassed over 27,000 professional traders, with approximately one million followers. Moreover, copy-traders on the platform have earned over $1 billion in total income, while followers have collectively made over $1.56 billion.
Adhering closely to the concept of social trading, Bitget will work towards an open strategy platform in 2022. The first step is to launch grid trading, a type of quantitative trading strategy designed to maximise returns in a range-bound market. A user simply sets a price range for the automated trading bot, adjusts how many grids they want and, as long as the price stays within one's set range and depending on the setup, the bot will sell a portion when the price goes up or buy a portion when it goes incrementally down.
Managing Director of Bitget, Gracy Chen said, "Social trading taps into our innate need for connection, whether that means sharing, celebrating or even commiserating in the company of others while we trade. Here at Bitget, our flagship offering, One-Click Copy Trade, is nothing short of a pioneer in social trading. Moreover, copy trading and grid trading light a path to the full potential of social trading, enabling users, KOLs and professional traders to exchange information freely, adopt multiple trading patterns and optimise strategies for their own benefit, and in the long-run, further strengthening the foundation of the Bitget ecosystem."
Media Contact:
andrea.leung@bitget.com
simran@bitget.com
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SOURCE Bitget | https://www.kxii.com/prnewswire/2022/06/14/bitget-aims-transform-way-people-connect-trade-with-social-trading/ | 2022-06-14T08:12:06Z |
ATLANTA -- If he’s re-elected this November, Gov. Brian Kemp said he’ll push for a state budget with $65 million dedicated to fighting pandemic learning loss, hiring new guidance counselors and recruiting teachers.
In a Monday speech outlining his top education priorities for next year’s legislative session, Kemp said he will aim to increase the number of counselors treating students’ mental health issues.
“In speaking with school administrators, teachers and staff, one of the top concerns I consistently hear is the mental health needs of our students," Kemp said in remarks at Statham’s Dove Creek Elementary. "While we have made key investments in this vital effort over my first term, we can and must do more.
“Counselors in schools across our state today do much more than just assist students with issues they may be facing psychologically. They are undeniably a critical asset to the overall health, well-being and long-term success of our future leaders.”
In 2020 and 2021, Georgia schools provided one counselor for every 419 students, according to the American School Counselor Association. That’s close to the national average of 415 students per counselor, but a far sight off from the recommended 250 students per counselor.
An extra $25 million could help to close that gap, Stephen Owens, education policy analyst at the Georgia Budget and Policy Institute, said.
“I think that’s a great, I would say, first step, because the pandemic specifically highlighted that we can’t just educate kids’ brains if they’re dealing with mental health issues, if their bodies aren’t taken care of,” he said. “It showed just how much we need that social-emotional learning, mental health professionals. I’m never going to complain about $25 million being added into the budget for school counselors, but hopefully, that isn’t treated as the job is completely finished.”
Kemp’s K-12 budget proposal also includes a $15 million grant designed to help recruit paraprofessionals, workers who assist teachers in the classroom and otherwise help students in a variety of ways, advance to become full-time teachers.
“We currently have more than 9,000 paraprofessionals with four-year degrees working in our schools, but the cost and length of time required for these hard-working Georgians to become certified educators is a major obstacle for many,” Kemp said. “To help these para-pros offset their significant certification costs, my budget proposal for next year will include $15 million for a $3,000 reimbursable grant program. These funds will help get more teachers in the classroom, and assist Georgians already passionate about (helping) our students achieve career success.”
Owens applauded the idea.
“I think it’s a good read that there are financial barriers to keep people from being in the classroom in a paraprofessional role,” he said. “And when you consider just how helpful para-pros can be as a way to rethink the teacher pipeline, these are folks in the classroom, if they can be set up that way, kind of in a grow-your-own program, to become teachers, that just makes everything better because they know the context. They live in the communities."
Kemp cited state data showing the number of third-graders reading on grade level dropped to 63% from 73% from 2019 to 2022, which he said was the result of pandemic learning loss, and said he will direct another $25 million to grants aimed at getting these students back on track.
“Schools with students in this category may apply for these grants to leverage additional tutoring services, non-traditional staff, or supplement existing learning loss services,” he said. “By working with our local school systems and providing targeted funds to bring these kids back up to grade level, I’m confident that we can lend a helping hand to the students who need it the most.”
The governor also listed several proposals he said will strengthen schools’ ability to keep students safe, including updating state law to include intruder alert drills, providing voluntary anti-gang and school safety training for new and current teachers, assigning the Georgia Emergency Management and Homeland Security agency to review school safety plans and recommending continuing education and training updates for all school resource officers every two years.
Kemp’s Democratic opponent, Stacey Abrams, released her slate of educational policy recommendations in June.
Her K-12 priorities include increasing the state base salary for teachers from $39,092 to $50,000 and raising average teacher pay from $62,500 to $73,500, which her campaign says will shift Georgia from 21st in the nation in teacher salaries to the Top 10.
Abrams has also called for programs to help paraprofessionals earn their teaching certification while they work by expanding existing programs and grants. Her platform also includes partnering with colleges and universities to recruit students to teach in rural areas.
Next year’s legislative session is set to begin in January featuring lawmakers elected this November.
One major change that could come out of the 2023 General Assembly was not mentioned during Kemp’s remarks, but a powerful group of state senators is set to hold its second of three meetings Friday to discuss changes to the long-running Quality Basic Education formula that determines how the state’s share of education dollars are disbursed.
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The weather is getting cooler and the days are getting shorter. With fall season right around the corner, cinnamon, apple and pumpkin are waiting for their moment. Jumpstart your fall with these sweet treats. Click for more. | https://www.albanyherald.com/news/georgia-education-spending-gets-election-year-attention/article_2ae34ef8-3437-11ed-8790-33e6c1ab14f1.html | 2022-09-14T16:54:06Z |
Post-pandemic uncertainty to support demand in near term
CLEVELAND, Aug. 19, 2022 /PRNewswire/ -- Revenues for management consulting services are forecast to advance 4.9% annually in nominal dollars through 2026, according to Management Consulting Services: United States, a report recently released by Freedonia Focus Reports. Providers of management consulting services are expected to benefit from gains in nonresidential fixed investment, in turn propelled by continued growth in consumer spending and increased business profits after taxes. Companies will continue to use these profits to invest in new projects, which will spur demand for consulting to advise on those projects and improve market outcomes. Clients will also be incentivized to spend on consultant services due to ongoing challenges and opportunities, such as cybersecurity, increasing regulation, data privacy, the advent of Internet of Things (IoT) connected manufacturing machinery, big data, artificial intelligence, and supply chain challenges. However, faster increases will be constrained by competition from internal corporate resources, as company officers face a choice between hiring consultants or using company personnel.
Revenues for management consulting services are expected to grow 4.0% in 2022. Firms attempting to deal with and predict the ongoing repercussions of the COVID-19 pandemic, such as changes in labor relations and government regulations, as well as ongoing realignment of international relations disrupting supply chains and consumer markets, will fuel demand for consulting services.
These and other key insights are featured in Management Consulting Services: United States. This report forecasts to 2022 and 2026 US management consulting services revenues in nominal US dollars. Total revenues are segmented by service in terms of:
- strategy
- marketing
- information technology (IT)
- operations and supply chain
- human resources
- financial
- actuarial
- other consulting services such as design, sustainability, and resource productivity
- other sources of revenues such as implementation services not combined with consulting
To illustrate historical trends, total revenue, and the various segments are provided in annual series from 2011 to 2021. Employer firms, establishments, and employment are provided in annual series from 2009 to 2019.
This report represents employer and nonemployer revenues. With the exception of actuarial consulting services, the discrete consulting segments include the provision of advice and implementation thereof. This report excludes industries such as private equity, portfolio management, investment advice, professional and management development training, executive search, and market research. Also excluded are environmental and other scientific and technical consulting services (e.g., agricultural, economic, and security consulting).
More information about the report is available at:
https://www.freedoniafocusreports.com/Management-Consulting-Services-United-States-FF95037/?progid=91541
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Services & Industries reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
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SOURCE The Freedonia Group | https://www.mysuncoast.com/prnewswire/2022/08/19/rising-business-profits-spur-demand-management-consulting-services/ | 2022-08-19T16:04:51Z |
KNOXVILLE, Tenn., July 12, 2022 /PRNewswire/ -- RDI Technologies today unveiled Iris M™ Traveler, a camera-based vibration analysis solution that lets organizations quickly and easily capture, visualize, measure, and analyze millions of vibration measurements faster than ever. Iris M Traveler combines the power and precision of Motion Amplification®, a technology that allows users to capture movement undetected by the human eye, with a lightweight, fully equipped portable acquisition kit. With the agility of minimal setup and breakdown time, users can move faster and access tight spaces and logistically challenging environments while instantly visualizing and measuring vast quantities of data. Simply pick up the Iris M Traveler and go.
"Organizations need compact and portable asset visualization tools for easier navigation in and around assets to facilitate quick decision making," says Mason McNally, Product Manager. "Iris M Traveler lets you take Motion Amplification® virtually anywhere for on-the-go vibration analysis."
Well-equipped for every situation, the Iris M Traveler features a single zoom lens with multiple fields of view, high-powered battery light, lightweight professional tripod, and the versatility of a rugged, 'hands-free' touch-screen tablet positioned comfortably around the neck for flexibility and maneuverability in hard-to-reach spaces. The Tablet Mode interface features new tap, touch, and swipe gestures for easy navigation and an intuitive and smooth RDI Acquisition and Motion Amplification® experience.
Iris CM, a virtual vibration analysis solution that continuously monitors equipment while away, introduces software enhancements that allow the capture and synchronization of video data to any device or drive from anywhere in the world. The new capability means users can synchronize simultaneous historical data from multiple pieces of equipment located in different geographical regions and view the data collectively on any drive with an IP address, creating a command center approach to shared vibration data. This allows organizations with widespread locations to view, analyze and trend vibration data across the enterprise from a single source.
RDI Technologies is pioneering the camera as the sensor of the future because visualization is faster, safer, and makes the complex more simple. The company's proprietary technology platform powered by Motion Amplification® enables users to see and measure motion that is impossible to see with the human eye and could previously only be measured by contacting sensors. RDI's customers include some of the largest companies in the world, among them are Google, Nissan, Duke Energy, Newmont, and Chevron. Learn more at www.rditechnologies.com.
Media Contact:
Holly Yalove
holly.yalove@rditechnologies.com
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SOURCE RDI Technologies | https://www.wibw.com/prnewswire/2022/07/12/rdi-technologies-expands-motion-amplification-portfolio-with-new-on-the-go-vibration-analysis-adds-anywhere-anytime-connectivity-iris-cm/ | 2022-07-12T18:08:58Z |
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- iStar Inc. (NYSE: STAR) announced today that the Company's Board of Directors has declared quarterly dividends on the Company's Common Stock and Preferred Stock for the third quarter of 2022. The dividends are all payable on September 15, 2022 to holders of record on September 1, 2022.
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iStar Inc. (NYSE: STAR) is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on institutional quality properties. As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the creator of the modern ground lease industry, iStar is using its national investment platform and its historic strengths in finance and net lease to expand the use of modern ground leases within the $7 trillion institutional commercial real estate market. Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades. Additional information on iStar is available on its website at www.istar.com.
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SOURCE iStar Inc. | https://www.kxii.com/prnewswire/2022/08/17/istar-declares-quarterly-common-dividend-preferred-stock-dividends/ | 2022-08-17T23:37:20Z |
Gas and technology innovator to showcase a delubing solution that increases production, reduces energy costs and emissions
BRIDGEWATER, N.J., April 27, 2022 /PRNewswire/ -- Messer will feature a new solution that can improve productivity, energy efficiency and environmental impact in powder metal sintering at PowderMet 2022. This technology can increase furnace throughput while reducing energy consumption and emissions.
The solution can reduce a producer's carbon footprint by removing nearly all lubricants and 99 percent of Volatile Organic Compound (VOC) emissions. It can decrease energy and atmosphere costs by up to 20 percent and may increase throughput by 20 to 40 percent.
Messer's experienced team can help powder metal producers meet their customers' specifications plus production and sustainability goals. Click here to learn more about Messer's powder metal sintering solutions featured at Booth #108 at PowderMet 2022, June 12-15 in Portland, Oregon.
About Messer Americas
Messer is the largest privately held industrial gas business in the world, and a leading industrial and medical gas company in North and South America. Messer offers over 120 years of expertise in industrial, medical, specialty and electronic gases. The company delivers quality gases, related services and technology via an extensive production and distribution network. Health and safety, sustainability practices and environmental protection are core Messer values that are embedded in the company's daily operations.
Messer Americas is part of the Messer SE & Co. KGaA, representing a USD ~3.8 billion enterprise with presence in the Americas, Europe and Asia. For more information, visit: www.messeramericas.com.
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SOURCE Messer Americas | https://www.kxii.com/prnewswire/2022/04/27/messer-highlights-sustainable-solution-powder-metal-sintering-powdermet-2022/ | 2022-04-27T14:56:54Z |
ROCKVILLE, Md., July 12, 2022 /PRNewswire/ -- Spartan Medical Inc., a veteran-owned-and-operated medical leadership team that serves as the vanguard for a diverse and complementary network of medical product and services companies, today announced it was named to Inc. Magazine's prestigious Inc. 5000 list of the fastest-growing, privately-owned companies in America.
Inc. 5000 is regularly compared to the Fortune 500 list, without the publicly-traded companies. Notable companies that have been previously named to the list include Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Clif Bar, Pandora, Patagonia, and Oracle, among others. The Inc. 5000 recognition puts Spartan Medical in the top 0.07% of all privately-owned companies in America in terms of multi-year growth.
"The Inc. 5000 award shows that Spartan Medical is an emerging leader in the medical device industry and the medical operations management field," said Vince Proffitt, President of Spartan Medical. "Being named to this prestigious list means Spartan Medical is now part of a very exclusive community that consists of some of the most successful and renowned companies in the world."
Mr. Proffitt further explained, "Spartan Medical is independent, financially-stable, and debt-free. We have no conflicts of interest, and most importantly, we only answer to our customers and every member of the Spartan Family. This company has been built brick-by-brick in one of the most competitive industries on the planet. Our incredible growth during difficult economic times is based on three things: our people, our people, our people. Our culture matters, our military-mindset matters, our belief that nothing is impossible matters, but none of that would matter if we didn't have the right people in the right place at the right time. We do. Congratulations to the entire Spartan family. You've earned this."
Inc. Magazine will be revealing the ranking of each awardee company on Tuesday, August 9th and there will be a conference and gala for the awardees in Phoenix, Arizona on October 19th through the 22nd. The reveal event will list companies by their rankings in the United States, their home state, their region, and their industry.
Spartan Medical is a veteran-owned-and-operated government contractor for the U.S. Department of Veterans Affairs (VA), the U.S. Department of Defense (DoD), and other local, state, and federal agencies. We provide some of the most advanced medical technologies & biologics, licensed medical staff, and best-in-class operations management expertise to our clients both domestic and abroad. Our executive team have all held leadership positions in both the public and private sector and our core strength is solving complex problems through creative thinking, innovative solutions, and highly skilled flexible teams. Spartan Medical maintains its vanguard position by providing medical facilities with best-in-class solutions that improve patient care and outcomes, especially for America's military and veteran communities.
Media Contact - Nick Goebel: 248-767-6276
NickGoebel@SpartanMedical.com
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SOURCE Spartan Medical Inc. | https://www.kxii.com/prnewswire/2022/07/12/spartan-medical-is-named-inc-5000-list-fastest-growing-privately-owned-companies-america/ | 2022-07-12T14:19:00Z |
WASHINGTON (AP) — The Food and Drug Administration on Friday set tentative dates in June to publicly review COVID-19 vaccines for the youngest American children, typically the final step before authorizing the shots.
The meeting announcement follows months of frustration from families impatient for a chance to vaccinate their little children, along with complaints from politicians bemoaning the slow pace of the process.
The FDA said it plans to convene its outside panel of vaccine experts on June 8, 21 and 22 to review applications from Moderna and Pfizer for child vaccines. The dates are not final and the FDA said it will provide more details as each company completes its application.
While questions have swirled about what’s taking so long, FDA Commissioner Robert Califf emphasized Friday that the agency can’t evaluate the vaccines until all the data is submitted.
“There will be no delays,” Califf told reporters at a health journalism conference. “We’ll review the data, hold an advisory committee meeting and make a decision as quickly as possible once we get the applications.”
Currently, only children ages 5 or older can be vaccinated in the U.S. with Pfizer’s vaccine, leaving 18 million younger tots unprotected.
On Thursday, Moderna submitted some of its data to the FDA that it hopes will prove its two low-dose shots can protect children younger than 6. Moderna has filed FDA applications for older kids, but the FDA hasn’t ruled on them. It’s not clear if that data children will be considered at the June meetings.
Pfizer is soon expected to announce if three of its even smaller-dose shots work for the littlest kids, months after the disappointing discovery that two doses weren’t quite strong enough.
On Monday, a top House Democrat requested a briefing from FDA on the status of vaccines for children after media reports that the FDA was considering delaying its work on Moderna’s application to jointly review it with Pfizer’s at a later date.
The FDA also set a June 7 meeting to review Novavax’s COVID-19 vaccine for adults. The Maryland-based company’s shots are authorized in Europe and elsewhere but have been delayed by production problems.
The advisory group will also convene June 28 to discuss whether the current U.S. COVID-19 vaccines should be updated to better target coronavirus variants.
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AP Medical Writer Lauran Neergaard contributed to this story
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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content. | https://cw33.com/health/ap-health/fda-sets-june-meetings-on-covid-vaccines-for-youngest-kids/ | 2022-04-30T00:39:30Z |
HARTFORD, Conn., May 25, 2022 /PRNewswire/ -- Virtus Total Return Fund Inc. (NYSE: ZTR) today announced the following monthly distributions:
Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid in part or in full from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.
The Fund provided this estimate of the sources of the distributions:
Information regarding the Fund's performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund's NAV and not the market price of the Fund's shares. Performance figures are not meant to represent individual shareholder performance.
The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.
Virtus Total Return Fund Inc. is a diversified closed-end fund whose investment objective is capital appreciation, with income as a secondary objective. Virtus Investment Advisers, Inc. has been the investment adviser, and Duff & Phelps Investment Management Co. and Newfleet Asset Management, LLC have been subadvisers, to the Fund since December 9, 2011. Performance and characteristics prior to December 9, 2011 were attained by the previous adviser using a different investment strategy.
For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the closed end fund section of www.virtus.com.
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting "Shareholder Services" as set forth at the bottom of this press release.
Duff & Phelps Investment Management Co. has more than 35 years of experience managing investment portfolios, including institutional separate accounts and open- and closed-end funds investing in utilities, master limited partnerships (MLPs), infrastructure and real estate investment trusts (REITs). For more information, visit www.dpimc.com.
Newfleet Asset Management, an affiliated manager of Virtus Investment Partners, provides comprehensive fixed income portfolio management in multiple strategies. The Newfleet Multi-Sector Strategies team that manages the Virtus Total Return Fund Inc. leverages the knowledge and skill of investment professionals with expertise in every sector of the bond market, including evolving, specialized, and out-of-favor sectors. The team employs active sector rotation and disciplined risk management to portfolio construction, avoiding interest rate bets and remaining duration neutral to each strategy's stated benchmark. For more information, visit www.newfleet.com.
Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. For more information, visit www.virtus.com.
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SOURCE Virtus Total Return Fund Inc. | https://www.wibw.com/prnewswire/2022/05/25/virtus-total-return-fund-inc-declares-distributions/ | 2022-05-25T21:13:31Z |
Vice President Harris expressed concern over threats to voting rights and democracy in an interview with NBC’s “Meet the Press” aired on Sunday, during which she emphasized the importance of getting out the vote for the midterm elections.
“Everything is on the line in these elections in just less than two months,” she said while discussing voting rights.
Harris stressed that the issue is high on the Biden administration’s agenda and that the president will “not let the filibuster get in the way” of signing bills into law that make it easier to vote.
“Because what is happening in our country … they are passing laws making it more difficult for people to vote,” said Harris.
Harris specified President Biden’s support for the John Lewis Voting Rights Advancement Act and the Freedom to Vote Act. Both bills have been approved by the House but blocked in the Senate by Republican filibusters.
The vice president said that after Biden was elected in 2020 “you almost saw, almost immediately, so-called extremist leaders around the country starting to pass laws making it more difficult for people to vote.”
“I think that scared some people that the American people were voting in such large numbers,” she said, referencing the record voter turnout that year.
Harris also addressed election deniers running for secretary of state around the country and some lawmakers’ refusal to condemn the Jan. 6, 2021, attack on the Capitol, voicing concern over how the country is handling “attacks from within.”
Asked by anchor Chuck Todd whether current internal threats to American democracy are “equal or greater than what we faced after 9/11,” Harris said that the two are “different.”
“Each are dangerous and extremely harmful, but they’re different,” said Harris.
She continued: “When I think about what we have been seeing in terms of the attacks from within, I wish that we would approach it … as Americans, instead of through some partisan lens.”
Harris claimed that threats to democracy from within the U.S. affect relations with other nations by indicating that America is not “valuing what they talk about.”
“I’m very concerned about it. Because there are so many issues going on in the world that I think require, at least how we as Americans have traditionally thought about what is right, what is good, what should be fought for, what should be human ideals, and certainly the ideals of democracies,” said Harris.
“And I think that through the process of what we’ve been through, we’re starting to allow people to call into question our commitment to those principles.”
Todd also asked the vice president how she might deal with disputes about the outcome of the 2024 presidential election, saying, “Have you thought about how you might handle a certification that did not reflect the outcome of the popular vote in the state?”
“I haven’t gotten to that point yet,” Harris told him.
“I have to believe that the United States Congress and all the people who have taken an oath to defend our democracy will ensure and will stand up against anyone who tries to destroy or circumvent the rules and the practices and procedures that we’ve had in place that have allowed a peaceful transfer of power since the inception of our nation and the founding of our nation,” she said.
Todd also broached the topic of a potential prosecution of former President Trump, who is currently facing multiple investigations, to which Harris responded that she “wouldn’t dare tell the Department of Justice what to do.”
Harris appeared to push back against the argument, raised by Todd, that it would be “too divisive for the country to prosecute a former president,” however.
She said that “the unthinkable has happened” before in U.S. history in situations “where there has been a call for justice, and justice has been served.”
“And I think that’s potentially going to always be the case in our country that people are going to demand justice and they rightly do,” she said. | https://cw33.com/hill-politics/harris-on-voting-rights-everything-is-on-the-line-in-these-elections-in-just-less-than-two-months/ | 2022-09-12T23:49:04Z |
Collaboration Delivers More Investment Flexibility for Advisors
OAKS, Pa., June 28, 2022 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced the launch of the SEI Strategies featuring Dimensional, a suite of model portfolios developed using ETFs managed by Dimensional Fund Advisors (Dimensional). The new investment solutions empower independent advisors and registered investment advisors (RIAs) to offer their clients greater investment flexibility and customized, goals-based wealth management through the SEI Wealth PlatformSM.
The SEI Strategies featuring Dimensional include six model portfolios across a broad range of investment objectives and risk tolerances. The portfolios leverage SEI's asset allocation approach alongside Dimensional's ETFs to create strategies that deliver the ability for advisors to provide investment personalization, efficiency, and transparency.
"Investor demands for personalized investment advice continue to place pressure on advisors who must balance higher client expectations with their own needs for business growth. We're excited to partner with Dimensional Fund Advisors to provide expanded investment flexibility and maintain our shared focus on enabling investors to achieve their financial goals. Dimensional shares our deep belief in the capital markets' power and the need for a disciplined approach to investing. Integrating their expertise in quantitative, active factor investing with our suite of technology and investment solutions will further provide advisors with choice and a connected experience."
"We are thankful SEI has opted to construct these models with Dimensional ETFs. These additional solutions in the marketplace offer advisors efficient access to Dimensional's investment approach in diversified models. The collaboration with SEI underscores our shared commitment to supporting advisors and helping them deliver personalized wealth management experiences for their clients."
SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to solve problems, manage change and help protect assets—for growth today and in the future. As of March 31, 2022, SEI manages, advises, or administers approximately $1.3 trillion in assets. For more information, visit seic.com.
Dimensional is a leading global investment firm that has been translating academic research into practical investment solutions since 1981. Guided by a strong belief in markets, Dimensional helps investors pursue higher expected returns through a systematic investment process that integrates research insights with advanced portfolio design, management, and trading while balancing tradeoffs that can impact returns. Dimensional is headquartered in Austin, Texas, and has 14 global offices across North America, Europe, and Asia. As of March 31, 2022, Dimensional manages $659 billion for investors worldwide. For more information, please visit dimensional.com.
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SOURCE SEI Investments Company | https://www.kxii.com/prnewswire/2022/06/28/sei-introduces-sei-strategies-featuring-dimensional/ | 2022-06-28T13:34:33Z |
Masters champ Scheffler returns to team event in New Orleans
By The Associated Press
Scottie Scheffler makes his debut as Masters champion, and he’ll have Ryan Palmer at his side. Scheffler is playing the Zurich Classic of New Orleans. It’s the only team event on the PGA Tour schedule. Palmer’s previous partners have been Jon Rahm and Jordan Spieth. Among those playing are the father-son duo of Jay and Bill Haas. The LPGA Tour heads to California for the first of consecutive weeks in Los Angeles. The European Tour is in Spain the next two weeks. And the PGA Tour Champions has a celebrity event outside Dallas. The USGA has its U.S. Women’s Amateur Four-ball Championship. | https://localnews8.com/sports/ap-national-sports/2022/04/19/masters-champ-scheffler-returns-to-team-event-in-new-orleans/ | 2022-04-19T16:16:16Z |
The completely re-branded, enhanced event creates meaningful opportunities for founders to connect with other founders, tech talent, educational programming and investors.
CINCINNATI, Ohio, May 20, 2022 /PRNewswire/ -- Today, Black Tech Week, the inclusion focused tech ecosystem-building festival, announced the events schedule for its 2022 conference in Cincinnati, Ohio. The annual five-day event will run from July 18-22 and hold 60+ sessions—–presenting 50+ tech influencers and minority innovation ecosystem builders as featured speakers. Black Tech Week's featured speakers include Kimberly Bryant, Founder of Black Girls Code, Arlan Hamilton, Founder of Hire Runner and Backstage Capital, Felecia Hatcher, CEO of Black Ambition, and Detavio Samuels, CEO of Revolt. Black Tech Week's events are presented with support from its committed sponsors including Amazon Web Services, The City of Cincinnati, Fifth Third Bank, Delta Dental of Michigan, Ohio, and Indiana, Ohio Third Frontier, Lincoln and Gilbert.
Black Tech Week's keynotes, panels and sessions tap into the most relevant topics such as exits, IPOs and the current startup lifecycle, fundraising and navigating the venture landscape, and hiring for innovation amid the Great Resignation. Registrants can sign up for VC office hours with firms in attendance or participate in the pop-up Career Fair; through these offerings, Black Tech Week aims to serve as a real-time resource for organizations seeking to diversify their teams and for investors interested in cultivating more inclusive portfolios. Part of Black Tech Week's programming will take place in the conference's Activation Spaces––where Inc. Founder's House, AWS, and Black@Genesis will run programming.
This year's conference calendar is timed to coincide with the Cincinnati Music Festival, one of the oldest and largest in the country; the festival hosts 70,000+ visitors and generates 107 million dollars in economic impact.
Lightship Foundation, the Cincinnati-based economic development organization, acquired Black Tech Week with the vision of positioning Ohio as the most supportive state in the Midwest for minority innovation. Lightship Foundation, with Founder and CEO Candice Matthews Brackeen at its helm, is executing on its mission to leverage local corporate partners and community networks including the Cincinnati Innovation District (CID) to bring remarkable technology and venture leaders from all over the world to Ohio.
"For the last seven years, Black Tech Week has been hard at work, ecosystem-building for Black tech communities across the U.S.. Relocating to Cincinnati means expanding our national network of founders, talent, and investors." said Candice Matthews Brackeen, Lightship Foundation Founder and CEO. "We're so proud of our 2022 conference calendar––and the opportunity to bring this innovative session lineup to our community."
"The city of Cincinnati is committed to becoming a place where Black entrepreneurs feel supported and seen," says Aftab Pureval, Mayor of Cincinnati. "We are excited to host Black Tech Week and support Lightship in creating a hub for tech collaboration in the Midwest."
To register for this year's Black Tech Week in Cincinnati, to view the schedule and learn more about the speakers, please click here.
About Lightship Foundation
Lightship Foundation is an impact-driven organization serving remarkable entrepreneurs & ecosystems. We leverage corporate partnerships, specialized programming, and capital investments to drive growth within the minority innovation economy. Since 2017, Lightship Foundation has guided over 200 companies led by women, FOC (Founders of Color), and those representing the LGBTIQ and disabled communities to more than $120M in venture funding across the US. Connect with Lightship Foundation on Linkedin and visit the Lightship Foundation website to learn more.
About Black Tech Week
BlackTech Week is an inclusion focused ecosystem-building festival that partners with founders, corporations and the community to create a valuable experience for investors, entrepreneurs, and techies of every kind. Connect with Black Tech Week on Facebook and Instagram, and visit the Black Tech Week website for more information.
Media Contact
Aniesia Williams
9845280450
aniesia@lightship.foundation
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SOURCE Lightship Foundation | https://www.mysuncoast.com/prnewswire/2022/05/20/black-tech-week-announces-2022-conference-calendar-event-cincinnati/ | 2022-05-20T15:48:43Z |
Buccaneers add 8 prospects to Tom Brady’s supporting cast
By FRED GOODALL
AP Sports Writer
TAMPA, Fla. (AP) — If the Tampa Bay Buccaneers drafted as well as they think they did, Tom Brady’s supporting cast will be better next season. The defending NFC South champions once again figure to be a veteran-laden team not counting on rookies to shore up glaring weaknesses. But vice president of player personnel John Spytek said this year’s draft class will get every opportunity to earn playing time,. He also said the team is not in position where it has to rush anyone’s development as the Bucs try to get back to the Super Bowl for the second time in three years. | https://localnews8.com/sports/ap-national-sports/2022/04/30/buccaneers-add-8-prospects-to-tom-bradys-supporting-cast/ | 2022-05-01T04:50:34Z |
Wildfires and straight-line winds that have ravaged New Mexico for a month have created a major disaster, President Joe Biden declared, unlocking critical federal aid as the state continues to battle the largest wildfire burning in the United States.
The presidential action Wednesday makes federal money available for temporary housing and home repairs, low-cost loans to cover uninsured property losses and other programs to help residents and business owners recover, the declaration states.
Some 300,000 acres have burned this year in New Mexico -- more than the past two full years combined, CNN meteorologist Brandon Miller said. The Hermits Peak/Calf Canyon Fire -- the second-largest fire in New Mexico in at least 30 years -- had burned more than 160,000 acres through Wednesday, destroyed dozens of homes and could threaten more than 15,000 more this week, officials have said.
Much of the Southwest has been under a prolonged, severe drought fueled by the climate crisis that has helped create the critical fire conditions. April's fire weather conditions were the worst in New Mexico in more than a decade, even ahead of its typically most active wildfire months of May, June and July, Miller said.
New Mexico's governor this week had asked for a presidential disaster declaration as her state fights seven wildfires -- the most in any state, according to the National Interagency Fire Center. This year is already New Mexico's most active for fires since 2018, exceeding the annual average of around 260,000 acres burned, Miller said.
"I have 6,000 people evacuated," Gov. Michelle Lujan Grisham said Tuesday. "I have families who don't know what the next day looks like. I have families who are trying to navigate their children, their own health care resources, figure out their livelihoods, and they're in every single little community."
A presidential disaster declaration would unlock resources "for watershed recovery, restoration of all of those wildlands and personal direct financial reparation and assistance before the fire is out," she said.
Under the order, officials and nonprofits also are eligible for help paying for emergency measures, including evacuation shelters, and hazard mitigation statewide, the declaration states. People in Colfax, Lincoln, Mora, San Miguel and Valencia counties can apply.
The Hermits Peak/Calf Canyon Fire has destroyed 172 homes in Mora and San Miguel counties, officials said Tuesday. The area includes the New Mexico city of Las Vegas, about 85 miles northeast of Albuquerque.
It is "a long-term event," officials in the two counties said. "We don't anticipate having 'control' of this fire any time soon."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/a-major-disaster-is-declared-in-new-mexico-unlocking-federal-aid-as-wildfires-threaten-thousands/article_638c212a-b8f0-5948-a0de-eb3b13f59a72.html | 2022-05-05T13:58:13Z |
PHILADELPHIA, June 10, 2022 /PRNewswire/ -- Berger Montague is investigating securities fraud allegations on behalf of investors who purchased the securities Mullen Automotive, Inc. ("Mullen" or the "Company") (NASDAQ: MULN, NETE) between June 15, 2020 and April 6, 2022 (the "Class Period").
If you purchased the securities of Mullen during the Class Period, would like to discuss Berger Montague's investigation, or have questions concerning your rights or interests, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Michael Dell'Angelo at mdellangelo@bm.net or (215) 875-3080 or visit: https://investigations.bergermontague.com/mullen-automotive/
Whistleblowers: Anyone with non-public information regarding Mullen is encouraged to confidentially assist Berger Montague's investigation or take advantage of the SEC Whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us.
Mullen purports to be an electronic vehicle manufacturer. On November 5, 2021, Mullen Technologies, Inc. underwent a merger with and into Net Element, Inc., and the Company changed its name to Mullen Automotive, Inc.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that, among other things: (1) Mullen overstated its ability and timeline regarding production; (2) Mullen overstated its deals with business partners; and (3) Mullen overstates its battery technology and capabilities.
On April 6, 2022, market analyst Hindenburg Research released a report regarding which detailed several alleged issues with the Company. On this news, Mullen's stock price fell $0.27 per share, or 10%, to close at $2.38 per share on April 7, 2022.
Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
Contacts
Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bm.net
Michael Dell'Angelo, Executive Shareholder
Berger Montague
(215) 875-3080
mdellangelo@bm.net
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SOURCE Berger Montague | https://www.wibw.com/prnewswire/2022/06/10/mullen-automotive-inc-company-news-berger-montague-investigates-securities-fraud-allegations-against-mullen-automotive-inc-nasdaq-muln-nete-lead-plaintiff-deadline-is-july-5-2022/ | 2022-06-10T17:16:04Z |
After providing mentoring and career services to ACT-SO applicants, year one of Lancôme's partnership with the NAACP for Write Her Future culminated in the donation of $400,000 in scholarships.
ATLANTIC CITY, N.J., July 18, 2022 /PRNewswire/ -- Lancôme is proud to announce this year's winners of its Write Her Future Scholarship Fund, who received their grants during the NAACP's ACT-SO (Afro-Academic, Cultural, Technological and Scientific Olympics) National Competition and Ceremonies during its annual National Convention today. Lancôme and Lupita Nyong'o announced the NAACP partnership in September 2021, to help bring equity to education and encourage career development in the United States. Today's ceremony represented the culmination of the first year of the partnership, for which the brand has pledged to donate $2 million by 2025.
Lancôme Ambassadress, Oscar award-winning actress and published author Lupita Nyong'o, who has been a supporter of the Write Her Future program, joined the brand at the ceremony to present the scholarships to the young winners and speak to attendees about the importance of equity in education.
"Since I was a child, I have always had big dreams, and my education has played a huge part in helping me realize them," says Lancôme Ambassadress, Lupita Nyong'o. "I've always loved learning and I believe that learners change the world. I am so thrilled to join Lancôme, on behalf of their Write Her Future Scholarship Fund, to award this incredible group of women with these game-changing scholarships."
ACT-SO is a year-long program targeted at high school students across that country that promotes their growth in disciplines ranging from visual arts and business to performing and culinary arts and provides scholarship opportunities.
Through its partnership with NAACP and ACT-SO, the Write Her Future Scholarship Fund builds on the Lancôme's global commitment to empower women through literacy and education, as well as mentoring and entrepreneurship opportunities.
"We're excited to once again provide talented young women across the country the opportunity to further develop their creativity and achieve their academic dreams with purpose and unrestricted passion," said President & CEO Derrick Johnson. "Young people are the future. We're excited to see how participants in the program will positively impact their communities and create change for themselves and the next generation."
The scholarships awarded today will provide the students with the opportunity to further their development in areas ranging from STEM, business management, marketing, and writing.
"Lancôme at its core seeks to bring happiness to its customers, but nothing brings us more joy than seeing the winners of our first Write Her Future Scholarship Fund receive their awards today," says Lancôme USA General Manager Giovanni Valentini. "We've been so impressed by all the applicants, but we couldn't be prouder of the amazing finalists recognized today and see our mission of providing equitable educational opportunities for young women of color come to fruition today."
Ada Okolo
Anaya Brown
Anna Mkandawire
Ashley Blake
Bianca Cala
Brielle Ward
Brooklyn Cobb
Candace Jackson
Chiderah Osuchukwu
Dallas Watson
Danneil Mubbala
Denia Brielle Smith
Ebony Nkrumah
Hannah Baptiste
Heaven Cannady
Heaven Peoples
Hunter Stephenson
Isis Parker
Janah Richardson
Jeanne Lubika
Jibiana Jakpor
Jordan McKinney
Kaitlin Johnson
Kira Babbs
Leah Morgan Ross
London Merritt
Morgan Render
Music Miranda
Natalie Payne
Nia Hipps
Nnemdi Amanambu
Nurain Amier
Obaahemaa Mensah
Paris Roberson
Ryen Reed
Sanaa Liggans
Sy'Maya Summiel
Sydney Jackson
Zayda Adams
Suri Crawford
American University
Berklee College of Music
Boston University
Brown University
California State University Northridge
Columbus State University
George Mason University
Howard University
Iowa State University
Johns Hopkins University
Macalester College
Mississippi State University
New York University
Princeton University
Salve Regina University
Savannah College of Art & Design
Spelman College
Stanford University
Stevenson University
Suffolk University
SUNY Purchase Conservatory
The College of New Jersey
The College of Wooster
The George Washington University
The Juilliard School
University of Illinois Urbana-Champaign
University of Maryland
University of Michigan
University of North Texas Denton
University of Southern California
University of Texas at San Antonio
University of Virginia
Virginia State University
To learn more about the 113th NAACP Annual Convention, click here. To learn more about ACT-SO, click here. To learn more about Lancôme's Write Her Future Scholarship Fund, click here.
Founded in 1935 by the visionary pioneer Armand Petitjean, with the wish of spreading the spirit and taste of French elegance around the world, Lancôme immediately embodied the essence of beauty. More than ever before, the brand aims to offer every woman the possibility to blossom and embrace her beauty and femininity whatever her age or skin color. Lancôme is present in 135 countries, with about 20,000 beauty advisers in as many points of sale offering sophisticated services and iconic products to an international clientele. Lancôme successfully combines scientific expertise, and an intuitive understanding of women's needs to produce major innovations, unique and complementary between skincare, makeup, and perfume. Lancôme affirms that happiness is the most attractive beauty. To embody that the brand has chosen charismatic and fully accomplished women such as Julia Roberts, Penélope Cruz, Lupita Nyong'o, Lily Collins, Isabella Rossellini, Zendaya Coleman and Amanda Seyfried.
For more information, please visit www.Lancome-usa.com or follow us Instagram @LancomeOfficial, on Twitter @LancomeUSA, and on Facebook @LancomeUS #WriteHerFuture.
Founded in 1909 in response to the ongoing violence against Black people around the country, the NAACP (National Association for the Advancement of Colored People) is the largest and most pre-eminent civil rights organization in the nation. We have over 2,200 units and branches across the nation, along with well over 2M activists. Our mission is to secure the political, educational, social, and economic equality of rights in order to eliminate race-based discrimination and ensure the health and well-being of all persons.
NOTE: The Legal Defense Fund – also referred to as the NAACP-LDF was founded in 1940 as a part of the NAACP, but separated in 1957 to become a completely separate entity. It is recognized as the nation's first civil and human rights law organization and shares our commitment to equal rights.
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SOURCE Lancôme USA | https://www.mysuncoast.com/prnewswire/2022/07/18/lancme-amp-lupita-nyongo-award-scholarships-40-finalists-naacps-act-so-competition-through-write-her-future-scholarship-fund/ | 2022-07-18T14:46:39Z |
Dinosaur skeleton up for auction could fetch $8 million
Published: Jul. 11, 2022 at 2:16 PM EDT|Updated: 35 minutes ago
(CNN) – A unique item from the past is going up for grabs.
Sotheby’s New York is auctioning off the skeleton of a gorgosaurus, a cousin to the T. Rex.
This carnivore lived on the earth around 77 million years ago, during the cretaceous period.
The fossil is 10 feet tall and 22 feet long. It’s expected to sell for around $8 million.
The skeleton was discovered in 2018 in Montana.
It will go on display starting July 21 at Sotheby’s York Avenue galleries. The auction will begin a week later.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/11/dinosaur-skeleton-up-auction-could-fetch-8-million/ | 2022-07-11T18:53:05Z |
NANJING, China, June 9, 2022 /PRNewswire/ -- Tuniu Corporation (NASDAQ:TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced its unaudited financial results for the first quarter ended March 31, 2022.
"Despite recent challenges in the external environment, we have continued to fully leverage Tuniu's core competencies and strengths in product innovation and service quality to provide customers with safe and secure travel experiences. We will continue to focus on our mission to make travel easier while remaining dedicated to corporate social responsibility, and working with our customers and partners to overcome challenges, take on new opportunities and further promote the recovery and development of China's travel industry." said Mr. Donald Dunde Yu, Tuniu's founder, Chairman and Chief Executive Officer. "Reflecting the progress we've made in optimizing our operations, Tuniu's operating expenses have decreased year-on-year for five consecutive quarters. We will continue to implement strict expense control measures to further lower costs and improve efficiency."
First Quarter 2022 Results
Net revenues were RMB41.5 million (US$6.5 million[1]) in the first quarter of 2022, representing a year-over-year decrease of 46.4% from the corresponding period in 2021. The decrease was primarily due to the negative impact brought by the outbreak and spread of COVID-19.
- Revenues from packaged tours were RMB14.4 million (US$2.3 million) in the first quarter of 2022, representing a year-over-year decrease of 68.3% from the corresponding period in 2021. The decrease was primarily due to the resurgence of COVID-19 in certain regions in China.
- Other revenues were RMB27.1 million (US$4.3 million) in the first quarter of 2022, representing a year-over-year decrease of 15.3% from the corresponding period in 2021. The decrease was primarily due to the decrease in the fees for advertising services provided to tourism boards and bureaus.
Cost of revenues was RMB25.7 million (US$4.0 million) in the first quarter of 2022, representing a year-over-year decrease of 47.3% from the corresponding period in 2021. As a percentage of net revenues, cost of revenues was 61.9% in the first quarter of 2022, compared to 63.0% in the corresponding period in 2021.
Gross profit was RMB15.8 million (US$2.5 million) in the first quarter of 2022, representing a year-over-year decrease of 44.8% from the corresponding period in 2021.
Operating expenses were RMB68.6 million (US$10.8 million) in the first quarter of 2022, representing a year-over-year decrease of 17.8% from the corresponding period in 2021. Share-based compensation expenses and amortization of acquired intangible assets, which were allocated to operating expenses, were RMB3.1 million (US$0.5 million) in the first quarter of 2022. Non-GAAP[2] operating expenses, which excluded share-based compensation expenses and amortization of acquired intangible assets, were RMB65.5 million (US$10.3 million) in the first quarter of 2022, representing a year-over-year decrease of 17.6%.
- Research and product development expenses were RMB16.2 million (US$2.6 million) in the first quarter of 2022, representing a year-over-year increase of 37.3%. Non-GAAP research and product development expenses, which excluded share-based compensation expenses and amortization of acquired intangible assets of RMB0.8 million (US$0.1 million), were RMB15.4 million (US$2.4 million) in the first quarter of 2022, representing a year-over-year increase of 41.9% from the corresponding period in 2021. The increase was primarily due to the increase in research and product development personnel related expenses.
- Sales and marketing expenses were RMB29.8 million (US$4.7 million) in the first quarter of 2022, representing a year-over-year decrease of 15.9%. Non-GAAP sales and marketing expenses, which excluded share-based compensation expenses and amortization of acquired intangible assets of RMB1.2 million (US$0.2 million), were RMB28.6 million (US$4.5 million) in the first quarter of 2022, representing a year-over-year decrease of 16.5% from the corresponding period in 2021. The decrease was primarily due to the decrease in promotion expenses.
- General and administrative expenses were RMB27.7 million (US$4.4 million) in the first quarter of 2022, representing a year-over-year decrease of 38.2%. Non-GAAP general and administrative expenses, which excluded share-based compensation expenses and amortization of acquired intangible assets of RMB1.2 million (US$0.2 million), were RMB26.5 million (US$4.2 million) in the first quarter of 2022, representing a year-over-year decrease of 38.2% from the corresponding period in 2021. The decrease was primarily due to the decrease in general and administrative personnel related expenses and allowance for doubtful accounts.
Loss from operations was RMB52.8 million (US$8.3 million) in the first quarter of 2022, compared to a loss from operations of RMB54.9 million in the first quarter of 2021. Non-GAAP loss from operations, which excluded share-based compensation expenses and amortization of acquired intangible assets, was RMB49.6 million (US$7.8 million) in the first quarter of 2022.
Net loss was RMB41.7 million (US$6.6 million) in the first quarter of 2022, compared to a net loss of RMB41.6 million in the first quarter of 2021. Non-GAAP net loss, which excluded share-based compensation expenses and amortization of acquired intangible assets, was RMB38.4 million (US$6.1 million) in the first quarter of 2022.
Net loss attributable to ordinary shareholders was RMB40.4 million (US$6.4 million) in the first quarter of 2022, compared to a net loss attributable to ordinary shareholders of RMB39.5 million in the first quarter of 2021. Non-GAAP net loss attributable to ordinary shareholders, which excluded share-based compensation expenses and amortization of acquired intangible assets, was RMB37.2 million (US$5.9 million) in the first quarter of 2022.
As of March 31, 2022, the Company had cash and cash equivalents, restricted cash and short-term investments of RMB929.5 million (US$146.6 million). The COVID-19 pandemic has negatively impacted our business operations, and will continue to impact our results of operations and cash flows for subsequent periods. Based on our liquidity assessment and management actions, we believe that our available cash, cash equivalents and maturity of investments will be sufficient to meet our working capital requirements and capital expenditures in the ordinary course of business for the next twelve months.
Business Outlook
For the second quarter of 2022, the Company expects to generate RMB32.2 million to RMB40.2 million of net revenues, which represents a 75% to 80% decrease year-over-year. This forecast reflects Tuniu's current and preliminary view on the industry and its operations, which is subject to change.
Conference Call Information
Tuniu's management will hold an earnings conference call at 8:00 a.m. U.S. Eastern Time, on June 9, 2022, (8:00 p.m., Beijing/Hong Kong Time, on June 9, 2022) to discuss the first quarter 2022 financial results.
To participate in the conference call, please dial the following numbers:
Conference ID: Tuniu 1Q 2022 Earnings Call
A telephone replay will be available one hour after the end of the conference call through June 16, 2022. The dial-in details are as follows:
Replay Access Code: 2866159
Additionally, a live and archived webcast of the conference call will also be available on the Company's investor relations website at http://ir.tuniu.com.
About Tuniu
Tuniu (Nasdaq:TOUR) is a leading online leisure travel company in China that offers a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu covers over 420 departing cities throughout China and all popular destinations worldwide. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including a dedicated team of professional customer service representatives, 24/7 call centers, extensive networks of offline retail stores and self-operated local tour operators. For more information, please visit http://ir.tuniu.com.
Safe Harbor Statement
This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Tuniu may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Tuniu's beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but are not limited to the following: Tuniu's goals and strategies; the growth of the online leisure travel market in China; the demand for Tuniu's products and services; its relationships with customers and travel suppliers; the Company's ability to offer competitive travel products and services; Tuniu's future business development, results of operations and financial condition; competition in the online travel industry in China; relevant government policies and regulations relating to the Company's structure, business and industry; the impact of the COVID-19 on Tuniu's business operations, the travel industry and the economy of China and elsewhere generally; and the general economic and business condition in China and elsewhere. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and Tuniu does not undertake any obligation to update such information, except as required under applicable law.
About Non-GAAP Financial Measures
To supplement the Company's unaudited consolidated financial results presented in accordance with United States Generally Accepted Accounting Principles ("GAAP"), the Company has provided non-GAAP information related to cost of revenues, research and product development expenses, sales and marketing expenses, general and administrative expenses, other operating income, total operating expenses, loss from operations, net loss, net loss attributable to ordinary shareholders, net loss per ordinary share attributable to ordinary shareholders-basic and diluted and net loss per ADS-basic and diluted, which excludes share-based compensation expenses and amortization of acquired intangible assets. We believe that the non-GAAP financial measures used in this press release are useful for understanding and assessing underlying business performance and operating trends, and management and investors benefit from referring to these non-GAAP financial measures in assessing our financial performance and when planning and forecasting future periods. For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of GAAP and non-GAAP Results" set forth at the end of this press release.
A limitation of using non-GAAP financial measures excluding share-based compensation expenses and amortization of acquired intangible assets is that share-based compensation expenses and amortization of acquired intangible assets have been – and will continue to be – significant recurring expenses in the Company's business. You should not view non-GAAP results on a stand-alone basis or as a substitute for results under GAAP, or as being comparable to results reported or forecasted by other companies.
(Financial Tables Follow)
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SOURCE Tuniu Corporation | https://www.kxii.com/prnewswire/2022/06/09/tuniu-announces-unaudited-first-quarter-2022-financial-results/ | 2022-06-09T10:59:19Z |
Wind Advisory issued April 28 at 2:52PM MDT until April 29 at 3:00PM MDT by NWS Pocatello ID
* WHAT…West winds 25 to 35 MPH with gusts up to 55 MPH
expected. Localized wind gusts over 60 MPH cannot be ruled out
in the Albion Mountains, along Interstate 84 near the Yale and
Idahome exits, and in the Black Pine Mountains.
* WHERE…The eastern Magic Valley, Albion Mountains, and Raft
River Region, including but not limited to Oakley, Burley,
Heyburn, Rupert, Albion, Malta, Rockland, and Holbrook. This
includes portions of Interstate 84 and Interstate 86.
* WHEN…From 9 PM this evening to 3 PM MDT Friday.
* IMPACTS…Gusty winds could make driving difficult, especially
for high profile vehicles. Unsecured objects may be blown
around. Localized blowing dust is possible and may result in
pockets of poor visibility.
Use extra caution when driving, especially if operating a high
profile vehicle. Secure outdoor objects before the strong winds
begin. | https://localnews8.com/weather/alerts-weather/2022/04/28/wind-advisory-issued-april-28-at-252pm-mdt-until-april-29-at-300pm-mdt-by-nws-pocatello-id-2/ | 2022-04-28T22:18:36Z |
BERLIN (AP) — Europe faced an energy crisis even before the Nord Stream 1 pipeline from Russia to Germany went offline for regular maintenance.
While there were signals that at least some gas was likely to flow Thursday, it was still uncertain and government officials braced for the possibility that the key pipeline won’t restart as scheduled. They say Russian President Vladimir Putin is using energy for political leverage in his confrontation with the European Union over Ukraine.
Russia has already slashed Europe’s flows of natural gas used to power factories, generate electricity and heat homes in the winter, and Putin warns they could keep dwindling. The deliveries through Nord Stream 1 were cut by 60% before repairs began.
Even if the pipeline restarts at reduced levels, Europe will struggle to keep homes warm and industry humming this winter.
Here are key things to know about the energy crisis:
DID RUSSIA CUT OFF GAS TO EUROPE?
It has reduced supplies significantly. Even before the invasion of Ukraine, Russia was not selling gas on the short-term spot market. After the EU imposed drastic sanctions on Russia’s banks and companies and started sending weapons to Ukraine, Russian cut off gas to six member countries and reduced supplies to six more.
Flows into Germany, the EU’s biggest economy, through Nord Stream 1 were dialed back by two-thirds, with Russia blaming a part that was sent to Canada for maintenance and not returned due to sanctions. European leaders rejected that claim, saying it was a political gambit in retaliation for sanctions.
It has left the 27-member EU scrambling to fill gas storage ahead of winter, when demand rises and utility companies draw down their reserves to keep homes warm and power plants running.
The EU’s goal is to use less gas now to build storage for winter. Europe’s gas reserves are only 65% full, compared with a goal of 80% by Nov. 1.
WHY IS RUSSIAN NATURAL GAS SO IMPORTANT?
Russia supplied some 40% of Europe’s natural gas before the war. That has dropped to around 15%, sending prices through the roof and straining energy-intensive industries.
Gas is used across a range of processes that most people never see — to forge steel to make cars, make glass bottles and pasteurize milk and cheese.
Companies warn that they often can’t switch overnight to other energy sources such as fuel oil or electricity to produce heat. In some cases, equipment that holds molten metal or glass is ruined if the heat is turned off.
High energy prices are already threatening to cause a recession in Europe through record inflation, with consumers having less to spend as costs rise for food, fuel and utilities. A complete cutoff could deal an even heavier blow to an already troubled economy.
WHAT IS THE NORD STREAM 1 PIPELINE?
It is the major European natural gas pipeline that runs under the Baltic Sea from Russia to Germany and is Germany’s main source of Russian gas.
The head of Germany’s network regulator, Klaus Mueller, tweeted that planned deliveries of some 800 gigawatt hours’ worth of gas through Nord Stream 1 were notified for Thursday, but he noted “disclaimers that that could still change by tomorrow.” In the days leading up to the closure for maintenance, gas supplies ran at about 700 gigawatt hours per day.
Analysts at Rystad Energy said that if Nord Stream 1 does stay dormant, Europe would reach only about 65% of its storage capacity, creating a real risk that gas would run out during the heating season.
Three other pipelines bring Russian gas to Europe, but one through Poland and Belarus has been shut down. Another, through Ukraine and Slovakia, is still bringing reduced amounts of gas despite the fighting, as is one through Turkey into Bulgaria.
WHAT’S PUTIN’S GAME?
Although Russia’s oil and gas exporters are selling less energy, spiking prices mean Putin’s earnings have actually increased, according to the International Energy Agency. Since the invasion, Russia’s revenue from exporting oil and gas to Europe has doubled over the average from recent years, to $95 billion, the Paris-based IEA said.
The increase in Russia’s energy revenue in just the last five months is three times what it typically makes by exporting gas to Europe over an entire winter.
So Putin has cash in hand and may calculate that painful utility bills and an energy recession could undermine public support for Ukraine in Europe and increase sentiment for a negotiated settlement in his favor.
“Based on what we have seen over the past year, it would be unwise to exclude the possibility that Russia could decide to forgo the revenue it gets from exporting gas to Europe in order to gain political leverage,” IEA Executive Director Fatih Birol said.
Indeed, Putin said the amount of gas pumped through Nord Stream 1 will fall further from 60 million to 30 million cubic meters a day, or about one-fifth of its capacity, if the turbine that was sent to Canada for repairs isn’t quickly replaced. Canada has said it has sent back the part, but Germany has declined to say where it is.
“Our partners are trying to shift the blame for the mistakes they made to Russia and Gazprom, but it’s absolutely unfounded,” Putin told Russian reporters Tuesday during talks in Tehran with the leaders of Iran and Turkey.
WHAT CAN EUROPE DO?
The EU has turned to more-expensive liquefied natural gas, or LNG, which comes by ship from places like the U.S. and Qatar. Germany is fast-tracking construction of LNG import terminals on its North Sea coast, but that will take years. The first of four floating reception terminals is to come online later this year.
But LNG alone can’t make up the gap. The world’s LNG export facilities are running at full capacity amid tight energy markets, and there’s no more gas to be had. An explosion at a U.S. terminal in Freeport, Texas, that sent most of its gas to Europe took 2.5% of Europe’s supply offline overnight.
Conservation and other energy sources are key. For example, Germany is running coal plants longer, creating a gas auction system intended to encourage conservation, and resetting thermostats in public buildings.
The European Union on Wednesday proposed that member states voluntarily cut their gas use by 15% over the coming months. The European Commission, the EU’s executive arm, is seeking the power to impose mandatory reductions across the bloc if there’s a risk of a severe gas shortage or an exceptionally high demand.
EU member states will discuss the measures at an emergency meeting of energy ministers next Tuesday.
Countries have been scrambling to secure alternative energy supplies, with leaders of Italy, France and the European Union sealing deals with their counterparts in Algeria, Azerbaijan and the United Arab Emirates this week.
COULD PEOPLE FREEZE THIS WINTER?
It’s unlikely homes, schools and hospitals will lose heat because governments are required to impose rationing first on businesses. The German government also could allow gas suppliers to immediately pass on increases to customers.
The choices could include torpedoing industry and/or socking consumers with even higher bills.
If Nord Stream 1 resumes at reduced levels, Europe would need to save 12 billion cubic meters of gas, the equivalent of 120 LNG tankers, to fill its storage levels by winter. The IEA recommends European countries step up campaigns people to conserve at home and plan to share gas in an emergency.
A total cutoff would mean even more need to conserve. And time is getting short.
“European leaders need to be preparing for this possibility now to avoid the potential damage that would result from a disjointed and destabilizing response,” Birol said. “This winter could become a historic test of European solidarity — one it cannot afford to fail — with implications far beyond the energy sector.” | https://cw33.com/business/ap-business/explainer-can-europe-live-without-russian-natural-gas/ | 2022-07-20T23:17:32Z |
LAUSANNE, Switzerland (AP) — A cap designed for Black swimmers’ natural hair that was banned from the Tokyo Olympics has been approved for competitive races.
Swimming governing body FINA said on Friday the Soul Cap was on its list of approved equipment.
“Promoting diversity and inclusivity is at the heart of FINA’s work,” executive director Brent Nowicki said in a statement, “and it is very important that all aquatic athletes have access to the appropriate swimwear.”
The London-based Soul Cap brand was designed larger than existing styles to contain and protect dreadlocks, weaves, hair extensions, braids, and thick and curly hair.
Last year, British swimmer Alice Dearing was refused permission to wear a Soul Cap in the 10-kilometer marathon swim in Tokyo, with FINA suggesting the size could create an advantage.
The furor at that decision prompted an apology from the governing body and a promise to review the application.
Soul Cap welcomed the approval that has come more than one year later as “a huge step in the right direction” in a sport that historically has had few Black athletes.
“For a long time, conventional swim caps have been an obstacle for swimmers with thick, curly, or volume-blessed hair,” the company said. “They can’t always find a cap that fits their hair type, and that often means that swimmers from some backgrounds end up avoiding competitions, or giving up the sport entirely.
“We’re excited to see the future of a sport that’s becoming more inclusive for the next generation of young swimmers.”
___
More AP sports: https://apnews.com/hub/apf-sports and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-swim-cap-for-black-hair-gets-race-approval-after-olympic-ban/ | 2022-09-03T02:58:45Z |
S&P 500 Q1 2022 buybacks were $281.0 billion, up 4.0% from Q4 2021's record of $270.1 billion; the 12-month March 2022 expenditure of $985 billion set a record, up 11.7% from 2021's record of $882 billion and up 97.2% from the 12-month March 2021's $499 billion
NEW YORK, June 16, 2022 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") announced today preliminary S&P 500® stock buybacks, or share repurchases, data for Q1 2022.
Historical data on S&P 500 buybacks are available at www.spdji.com/indices/equity/sp-500.
Key Takeaways:
- Q1 2022 share repurchases were a record $281.0 billion, up 4.0% from Q4 2021's record $270.1 billion expenditure and up 57.8% from March 2021's $178.1 billion.
- 374 companies reported buybacks of at least $5 million for the quarter, up from 325 in Q4 2021 and up from 335 in Q1 2021; 395 companies did some buybacks for the quarter, up from 383 in Q4 2021 and up from 370 in Q1 2021; 432 companies did some buybacks for the 12-months ending March 2022, up from 416 in the prior period.
- Buybacks remained top heavy but declined significantly with the top 20 companies accounting for 42.1% of Q1 2022 buybacks, down from Q4 2021's 51.8%, down from the dominating 87.2% in Q2 2020, and down from the pre-COVID historical average of 44.5%.
- For the 12-months ending March 2022, buybacks were a record $984.6 billion, a 97.2% increase from the $499.2 billion spent in the March 2021 time period.
- 17.6% of companies reduced share counts used for earnings-per-share (EPS) by at least 4% year-over-year, up from Q4 2021's 14.9% and Q1 2021's 5.8%, but were still significantly down from the Q1 2019 rate of 24.9%.
- S&P 500 Q1 2022 dividends increased 2.8% to a record $137.6 billion from Q4 2021's $133.9 billion and were 11.1% greater than the $123.9 billion in Q1 2021. For the 12-months ending March 2022, dividends were a record $524.9 billion, up 9.3% on an aggregate basis from the 12-month's March 2021's $480.1 billion.
- Total shareholder return of buybacks and dividends was a record $418.6 billion in Q1 2022, up 3.6% from Q4 2021's $404.0 billion and up 38.6% from Q1 2021's $302.0 billion.
- Total shareholder return for the 12-months ending March 2022 increased to a record $1.510 trillion from the March 2021 $0.979 trillion.
- Buybacks are expected to continue at a higher level for Q2 2022, even as prices have declined, as reduced prices will increase the number of shares purchased and lift EPS due to share reduction.
"Companies continued their record-breaking buyback and dividend expenditures in Q1 2022, even as prices declined and market volatility and uncertainty increased," said Howard Silverblatt, Senior Index Analyst at S&P Dow Jones Indices. "The record expenditures led to 17.6% of the companies in the S&P 500 increasing their earnings-per-share by at least 4% thanks to their newly lowered share count, up from the 5.8% in Q1 2021. While the EPS uplift remained well below the 24.9% rate of Q1 2019, the direction remained consistent, with declared new programs setting the stage for increased buying throughout 2022.
Outlook for Q2 2022:
Silverblatt added, "Companies are expected to maintain their buyback activities for Q2 through the current price downturn. This means companies will be getting more shares for their expenditures and reducing share counts even further, resulting in higher EPS. Operating earnings, which had set a record in Q4 2021, declined an estimated 13% in Q1 2022, but are expected to rebound in Q2 2022, with more issues benefiting from lower share counts and therefore adding stronger tailwinds to their EPS."
"Beyond Q2, at the minimum, companies are expected to cover exercised options, with stronger-cash-flow issues continuing to reduce shares. Given the strong base buying, expected earnings, even with the current level of inflation, a consumer spending slowdown and lower margins, buybacks could easily set another record in 2022."
Silverblatt noted that, "the 12-month March 2022 buyback record of $984.6 billion, which is expected to surpass the $1 trillion mark for the first time for June 2022 is a Washington headline in the waiting."
Q1 2022 GICS® Sector Analysis:
Information Technology continued to lead in buybacks, even as its percentage of buybacks declined. In Q1 2022, IT's share declined to 25.5% of all S&P 500 buybacks compared to Q4 2021's 27.7% and Q1 2021's 31.6%, as expenditures decreased (4.4%) to $71.6 billion from the prior quarter's $74.9 billion and were 27.0% higher than the Q1 2021 expenditure of $56.4 billion. For the 12-months ending March 2022, the sector spent $275.3 billion, representing 28.0% of all S&P buybacks, up from 12-month 2021's $199.1 billion, which represented 39.9% of all buybacks. For the 10-years, the sector spent $1.76 trillion, representing 28.5% of the expenditures.
Health Care buybacks increased 88.3%, spending $41.1 billion in Q1 2022 representing 14.6% of all buybacks, up from the Q4 2021 $21.8 billion, which accounted for 8.1% of the buybacks.
Financial buybacks increased 6.2% to $54.7 billion, representing 19.5% of the buybacks, from the Q4 2021 $51.5 billion, which represented 19.1% of all buybacks. The 12-month buybacks of $209.9 billion were 202% higher than the 12-month March 2021 buybacks of $69.4 billion, when the Fed limited buybacks.
Energy buybacks increased by 12.3% for the quarter, to $8.6 billion, from the prior quarter's $7.6 billion and up 1,654% from the Q1 2021 $0.5 billion. For the 12-months, buybacks were $20.8 billion compared to the prior period's $0.9 billion, a 2,092% increase.
Communication Services buybacks decreased by 21.3%, to $34.1 billion, from the prior quarter's $43.3 billion and up 56.4% from the Q1 2021 $21.8 billion. As a percentage of all buybacks, the sector decreased to 12.1% of all buybacks from the prior quarter's 16.0%, and the Q1 2021 12.2%.
Issues:
The five issues with the highest total buybacks for Q1 2022 are:
- Apple (AAPL) continued to be the poster child for buybacks as it again spent the most of any issue, with the Q1 2022 expenditure ranked fifth highest in S&P 500 history. For the quarter, the company spent $23.0 billion, down 1.7% from Q4 2021's $23.4 billion. Apple holds 18 of the top 20 record quarters (Meta Platforms holds #9 and QUALCOM holds #10). For the 12-months ending March 2022, Apple spent $92.4 billion on buybacks, up from the prior 12-month's $89.7 billion. Over the five-year period, they have spent $375.8 billion and $533.3 billion over the ten-year period.
- Alphabet (GOOG/L) was next: $13.3 billion for Q1 2022, down from $13.5 billion in Q4 2021; the 12-month March 2022 expenditure was $52.2 billion versus the 12-month March 2021 expenditure of $40.0 billion.
- Meta Platforms (META): $10.4 billion for Q1 20221, down from $21.6 billion in Q4 2021; the 12-month March 2022 expenditure was $55.5 billion versus $19.2 billion.
- Microsoft (MSFT): $8.8 billion for Q1 2022, up from $7.4 billion in Q4 2021; the 12-month March 2022 expenditure was $31.1 billion versus $27.4 billion.
- S&P Global (SPGI): $7.1 billion for Q1 2022, up from $0.002 billion in Q4 2021; the 12-month March 2022 expenditure was $7.1 billion versus $0.06 billion.
For more information about S&P Dow Jones Indices, please visit www.spdji.com.
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit: www.spdji.com.
S&P DJI MEDIA CONTACTS:
April Kabahar
(+1) 917 796 3121
april.kabahar@spglobal.com
Lauren Davis
(+1) 484 269 7118
lauren.davis@spglobal.com
S&P DJI INDEX SERVICES:
Howard Silverblatt
Senior Index Analyst
(+1) 973 769 2306
howard.silverblatt@spglobal.com
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SOURCE S&P Dow Jones Indices | https://www.kxii.com/prnewswire/2022/06/16/sampp-500-buybacks-set-quarterly-12-month-records-again/ | 2022-06-16T13:40:44Z |
WATCH: Whale breaches, lands on boat
Published: Jul. 25, 2022 at 9:44 AM CDT|Updated: 1 hour ago
PLYMOUTH, Mass. (CNN) - A whale breached and landed on the bow of a boat near a Massachusetts beach Sunday morning, and it was caught on camera.
The town of Plymouth says no one was hurt and there was no major damage to the 19-foot boat.
The Massachusetts Environmental Police will investigate the incident.
The Plymouth Harbormaster Department says boaters should try to remain at least 300 feet from whales to minimize potential interactions whenever possible.
But sometimes, a wild animal can just go rogue.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/07/25/watch-whale-breaches-lands-boat/ | 2022-07-25T16:01:19Z |
WASHINGTON, Aug. 11, 2022 /PRNewswire/ -- The CPSC announces today the following recall is posted in cooperation with the firm listed below. Recalls can be viewed at www.cpsc.gov.
Residential Elevators Recalls Home Elevators Due to Child Entrapment Hazard; Risk of Serious Injury or Death to Young Children
https://www.cpsc.gov/Recalls/2022/Residential-Elevators-Recalls-Home-Elevators-Due-to-Child-Entrapment-Hazard-Risk-of-Serious-Injury-or-Death-to-Young-Children
About the U.S. CPSC
The U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risk of injury or death associated with the use of thousands of types of consumer products. Deaths, injuries, and property damage from consumer product-related incidents cost the nation more than $1 trillion annually. CPSC's work to ensure the safety of consumer products has contributed to a decline in the rate of injuries associated with consumer products over the past 50 years.
Federal law prohibits any person from selling products subject to a Commission ordered recall or a voluntary recall undertaken in consultation with the CPSC.
For lifesaving information:
- Visit CPSC.gov.
- Sign up to receive our e-mail alerts.
- Follow us on Facebook, Instagram @USCPSC and Twitter @USCPSC.
- Report a dangerous product or a product-related injury on www.SaferProducts.gov.
- Call CPSC's Hotline at 800-638-2772 (TTY 301-595-7054).
- Contact a media specialist.
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SOURCE U.S. Consumer Product Safety Commission | https://www.kxii.com/prnewswire/2022/08/11/new-product-safety-recall/ | 2022-08-11T13:48:29Z |
DALLAS (KDAF) — It’s summertime and the pool is probably your best friend from May to August and for good reason.
Swimming is fun, it cools you off and it’s a great form of exercise. In a show of appreciation for pools and how much they are loved, StorageCafe recently did a study looking at the top cities for pool lovers in the country.
As Texans, we always ask, “What about Texas?” and this study found that Plano is the best city in Texas for pool lovers and was the 8th most-pool-friendly city in the country.
Officials say the reasons Plano ranked so high was because:
- Nearly all apartments in Plano ensure that their residents can have a relaxing daily swim
- A third of homes and condos for sale include pools among the amenities they provide
- Plano offers three public pools per 100,000 residents
Other Texas cities also got some love from this study. Two other Texas cities made the top 20 list of the best cities for pool lovers: Austin (13th) and Irving (17th).
For the full report, visit StorageCafe. | https://cw33.com/news/local/this-north-texas-city-named-best-in-texas-for-pool-lovers-according-to-storagecafe/ | 2022-07-06T16:58:48Z |
ALBANY – Calling balls and strikes of legal cases was how U.S. Supreme Court Chief Justice John Roberts described his role.
Asked the same question, the chief judge of Georgia’s Court of Appeals also offered a sports analogy for how he sees the court.
“I think one of the easiest ways to describe it is we’re the replay booth,” Chief Judge Brian Rickman said. “Local judges are like the referees, making calls in real time. We get to slow things down and review, (providing) an extra level for citizens to appeal what happens in your local trial courts.”
The court doesn’t review the facts of individual cases, but makes its rulings on the law, said the judge, who was appointed to the court by then-Gov. Nathan Deal in 2015 and sworn in as chief judge in June 2021. Cases reviewed by the court can range from shoplifting to multimillion-dollar civil cases.
“They’re all interesting,” said Rickman, who was in Albany with fellow Court of Appeals Judge and former Dougherty County District Attorney Ken Hodges on Thursday to visit the courthouse and speak at a Rotary Club meeting. “The main thing on appeals is we’re not supposed to substitute our judgment for the trial judge’s. We’re a court for correction of errors.”
The chief judge started his law career as an assistant district attorney and also worked in private practice for four years before he was tapped in 2008 by Deal to an appointment as district attorney for the Mountain Judicial District.
His first role in the legal system started when he worked as a jailer. Having family members in law enforcement, he was thinking of that as a career at the time.
“When I was a jailer, I sat in court for a couple of trials and was just mesmerized with what happens in courtrooms,” he said. “It’s human drama at a level you can’t imagine.”
In his private career, Rickman said his experience handling murder cases made the most impact and were the most interesting. In one case, a client he represented was a young man who had been abused for years by his father and killed him.
In that case charges were eventually dismissed.
“It’s been very helpful to me,” he said of his time in private practice. “Each murder case had an element of tragedy all the way around. Your public defenders and your prosecutors and judges are dealing with people’s lives every day. It’s definitely been a help to have that background.
“That’s the great thing about this court: The judges come from a lot of different backgrounds. We can learn from each other.”
This summer, the spotlight has been turned on courts in a way that it hasn’t in perhaps years with the overturning of the Roe v. Wade decision by the U.S. Supreme Court. The political – and human – ramifications of that decision are still being played out and have already had an impact in elections, including an overwhelming vote in Kansas not to remove the state constitution’s protection of abortion.
Polls also show that the issue could have an impact on the fall elections as well.
For Rickman, it’s important for courts to stay clear of politics.
“I think one of the things we need to do is let the public know we are nonpartisan and letting the people know what we do,” he said. “We don’t exist without the trust of the public.”
One of the local issues Rickman addressed with The Herald was the Dougherty Judicial Circuit’s request for a fourth judge.
Rickman, a member of the Judicial Council of Georgia, which will make a recommendation on the request, said Dougherty County is one of the most justified in the state in making the request based on the number of cases each of the three current judges handles.
“Dougherty County is No. 1 with a rank of 1.8,” Rickman said. “That means each judge does the job of 1.8 judges, so almost double.”
The Dougherty County Commission will discuss the issue during its Monday meeting.
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Teachers make a big impact on people's lives, including the lives of beloved TV characters. Stacker surveyed the history of TV and chose 25 memorable teachers from TV shows. Click for more. | https://www.albanyherald.com/news/georgias-chief-court-of-appeals-judge-discusses-his-role-during-visit-to-albany/article_9a573bf0-26fe-11ed-87cc-d3782e3738a9.html | 2022-08-28T19:45:16Z |
RICHMOND, Calif. (AP) — The nation’s oldest active park ranger is hanging up her Smokey hat at the age of 100.
Betty Reid Soskin retired Thursday after more than 15 years at the Rosie the Riveter/WWII Home Front National Historical Park in Richmond, California, the National Park Service announced.
Soskin “spent her last day providing an interpretive program to the public and visiting with coworkers,” a Park Service statement said.
She led tours at the park and museum honoring the women who worked in factories during wartime and shared her own experience as a Black woman during the conflict. She worked for the U.S. Air Force in 1942 but quit after learning that “she was employed only because her superiors believed she was white,” according to a Park Service biography.
“Being a primary source in the sharing of that history – my history – and giving shape to a new national park has been exciting and fulfilling,” Soskin said in the Park Service statement. “It has proven to bring meaning to my final years.”
Soskin won a temporary Park Service position at the age of 84 and became a permanent Park Service employee in 2011. She celebrated her 100th birthday last September.
“Betty has made a profound impact on the National Park Service and the way we carry out our mission,” Director Chuck Sams said. “Her efforts remind us that we must seek out and give space for all perspectives so that we can tell a more full and inclusive history of our nation.”
Soskin was born Betty Charbonnet in Detroit in 1921 but recalled surviving the devastating Great Mississippi Flood of 1927 while living with her Creole family in New Orleans, according to the Park Service biography.
Her family then moved to Oakland, California, and Soskin remained in the San Francisco Bay Area, where in 1945 she and her first husband founded one of the first Black-owned record stores in the area, the biography said.
She also was a civil rights activist and took part in meetings to develop a general management plan for the Home Front park. She has received several honors.
She was named California Woman of the Year in 1995.
In 2015, Soskin received a presidential coin from President Barack Obama after she lit the National Christmas tree at the White House.
In June 2016, she was awakened in her home by a robber who punched her repeatedly in the face, dragged her out of her bedroom and beat her before making off with the coin and other items. Soskin, then 94, recovered and returned to work just weeks after the attack. The coin was replaced.
Soskin also was honored with entry into the Congressional Record. Glamour Magazine named her woman of the year in 2018. | https://cw33.com/strange-news/ap-strange-news/oldest-u-s-active-park-ranger-retires-at-100/ | 2022-04-01T18:12:53Z |
Leveraging Technological Expertise and Vision for More Connected Future, LG Leads Expansion of Smart Home Ecosystem
SEOUL, South Korea, July 18, 2022 /PRNewswire/ -- LG Electronics (LG) has been named to the Board of Directors of the Connectivity Standards Alliance (the Alliance), the leading global organization focused on developing, evolving and promoting universal open standards for the Internet of Things (IoT).
As the global home appliance market leader and a Promoter Member of the Alliance Board of Directors, LG brings a wealth of expertise and experience in smart home and communications technologies to the global organization. The newly appointed Board of Directors members are Don Williams of LG's Chief Strategy Office and Dr. Sang Kim of LG's Chief Technology Office.
With its elevated role within the Alliance, LG plans to actively participate in the development and standardization of Matter – the Alliance's open-source IoT protocol for connecting smart home devices – and lead the expansion of the smart home ecosystem.
"Through our role on the Alliance board, we are demonstrating our full commitment to creating a more connected and convenient future," said Dr. Kim Byoung-hoon, CTO and executive vice president of LG Electronics. "With the adoption and support of Matter, our growing lineup of smart products, including TVs, home appliances and IoT devices and sensors, will be able to connect to each other – and all compatible solutions – more securely and easily. We will continue to deliver innovative customer experiences and help drive the evolution of the smart home forward."
Matter, an Internet Protocol (IP)-based communications standard for smart home technologies, is helping to create an open smart home environment where products from diverse manufacturers can communicate and share data, making compatibility issues a thing of the past.
LG aims to provide support for Matter across its convenience-enhancing smart platforms, including the LG ThinQ smart home platform and app and the award-winning webOS™ smart TV platform. The adoption of Matter will not only benefit LG customers but also strengthen the overall competitiveness of the company's innovative home appliances and TV lineups.
"Like the Alliance, at LG, we are committed to evolving and improving the world in which we live," said LG Senior Vice President of Innovation Dr. Sokwoo Rhee, and head of LG's North American Innovation Center, LG NOVA. "For us, this means innovative product development focused on delivering a better user experience and improving how we provide service and value in the home and beyond. We look forward to this collaboration and all the opportunities to come."
"LG brings great energy and market reach to the Alliance, with its wide-range of products to their engineering expertise and connectivity solutions, but what makes the Alliance stronger with LG is its dedication to innovation," said Tobin Richardson, President, and CEO of the Connectivity Standards Alliance. "We are excited to have LG join our Board to help spur even greater innovation in what's next with Matter, expanding the value of the Internet of Things to consumer everywhere."
Composed of more than 500 companies, the Alliance's global membership, collaborates to create open standards for the IoT, transforming the way we live, work and play. With its members' deep and diverse expertise, robust certification programs, and a full suite of open IoT solutions, the Alliance is leading the movement toward a more intuitive, imaginative, and useful world.
About LG Electronics, Inc.
LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. LG's four companies – Home Appliance & Air Solution, Home Entertainment, Vehicle component Solutions and Business Solutions – combined for global sales of over USD 63 billion in 2021. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, service robots, automotive components and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com for the latest news.
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SOURCE LG Electronics USA | https://www.wibw.com/prnewswire/2022/07/19/lg-joins-connectivity-standards-alliance-board/ | 2022-07-19T01:23:53Z |
- Barchart's initial forecasts see end-of-season U.S. corn production at 14.2B bu with a yield of 174 bu/ac. This compares to the USDA's 14.5B bu of production and 177 bu/ac yield.
- End-of-season U.S. soybean production is forecast at 4.4B bu with a yield of 49.5 bu/ac. This compares to the USDA's 4.6B bu of production and 51.5 bu/ac yield.
- Free semi-monthly crop production and yield estimates for the U.S. and major production areas are available through our U.S. Crop Production Report.
- Daily yield and production forecast updates are available through cmdtyView Pro.
CHICAGO, June 7, 2022 /PRNewswire/ -- Barchart, a leading provider of data services, software and technology to global commodity buyers, agriculture, and the food supply chain, announces their initial 2022 Yield and Production forecasts for U.S. corn and soybeans - which indicates a decrease to USDA's projected figures from the May WASDE report.
"We're thrilled to kick off the 2022 growing season by offering commodity professionals access to our estimates for U.S. corn and soybeans," said Barchart CEO Mark Haraburda. "This has been somewhat of an unprecedented year for the commodity markets so we're proud to be able to provide users with as much information as possible for their crop marketing decisions."
Barchart's Crop Production and Yield Forecasts provide users with decision-making support for crop marketing and ingredient purchasing ahead of traditional forecasts from the USDA. Bi-weekly crop production forecasts are available to the public for free, while enterprise data and cmdtyView Pro clients have access to daily forecast updates.
When combined with best-in-class cash grain pricing and localized basis forecasts, Barchart is able to provide clients with unparalleled ability to analyze commodity markets.
To learn more about Barchart's Crop Production Forecasts or to receive API access, please visit our website. To request access to cmdtyView Pro, the leading commodity trading platform, please click here.
Barchart is a leading provider of market data and services to the global financial, media, and commodity industries. Our diversified client base trusts Barchart's innovative Solutions across data, software, and technology to power their operation from front to back office, while our Media brands enable financial and commodity professionals to make decisions through web content, news, and publications. For more information, please visit www.barchart.com/solutions.
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SOURCE Barchart | https://www.mysuncoast.com/prnewswire/2022/06/07/barchart-cuts-production-yield-forecasts-corn-soybeans-initial-2022-estimates/ | 2022-06-07T20:50:18Z |
"Choice is at the heart of our design." Clio employees will have total flexibility to work remotely, hybrid, and in-office, as Clio reopens its renewed workspace designed for a new era of work.
VANCOUVER, BC, April 12, 2022 /PRNewswire/ - As the corporate world marks two years since the pandemic disruption, companies are taking varying approaches and assessing what work model to adopt. Today, Clio, the world's leading provider of cloud-based legal technology, announced a digital-first model, embracing the best of in-person and virtual interactions for connectivity and collaboration.
While trends in hybrid models have demanded specific required days in-office, Clio is leading with trust, respect, and support for its employees. Its fully flexible hybrid and remote approach encourages employees to select the best place to do their job—whether that's their home, the office, or their favorite coffee shop.
A digital-first system means Clio's primary work experience is remote. Its office hubs in Burnaby, Toronto, Calgary, and Dublin are connected virtually for employees to coordinate workflow across locations, time zones, and platforms. With this approach, Clio is creating an inclusive and equitable environment with consideration for employees' workspace preferences.
"We've scaled Clio during an unprecedented time in history. Two pillars have carried us through leading to this moment: the resilience of this team, and the opportunity to rethink the workplace of the future", said Jack Newton, CEO, and Founder of Clio. "Today, we're opening a flexible workplace structure that can adapt to the changing needs of our team, with choice placed firmly at the center of each employee's journey."
From decreased commute times to increased family times and effective daily schedules, remote work has allowed employees to balance the competing demands of work and personal lives. But it is not a one-size-fits-all. Some employees find access to an office space beneficial, highlighting the need for organic social interactions. Both perspectives compel Clio, and the company is responding to the shifting values of its workforce.
"The events of the past year have redefined our priorities. Employees want a human-centric workplace now more than ever. We are listening and adapting our policies to reflect individual needs," said Jack Newton. "To succeed in this new reality, workplace flexibility and innovation will remain a key draw for talent and staff retention."
Headquartered in Burnaby, B.C., Clio has scaled its workforce to more than 800 employees in the last year, hiring in local regions outside its office hubs. Clio's aims to be inclusive and accessible to all employees. The legaltech leader is building inspiring and functional office spaces that facilitate individual work, team connections, and onsite events. The company will continue to provide monthly stipends and digital technologies for those working remotely to create their personal and productive workspace.
"Our flexible hybrid and remote teams in Burnaby, Calgary, Toronto, and Dublin are open to the fullest extent, and we look forward to growing the next chapter of #TeamClio," said Jack Newton. "Clio's culture is paramount to our success as we embark on our scale-up journey."
Clio has redesigned its offices for a changed workforce. Some of its key designs are advancing inclusion through gender-neutral washrooms, dedicated spaces for new parents and low profile counters in kitchens/lounges for accessibility. Other features include upgraded meeting room tech that connects employees regardless of location, an outdoor patio for picnics and barbecues, game areas, fitness studios, virtual call rooms, collaboration zones, hoteling workstations, and quiet rooms for heads-down work.
"We have redesigned a thoughtful office environment to optimize our employees' happiness and productivity," said Sarah Bettencourt, Chief People Officer. The new designs support a physical space for creativity and innovation to flourish while promoting an engaging and diverse connection between in-office and remote employees."
Clio aims to scale its workforce to 1,000 employees in 2022. Visit clio.com/careers to explore open roles across the company.
Clio is transforming the legal experience for all by creating the world's leading cloud-based technologies for law firms— to keep lawyers and their clients better connected throughout the legal process. Firms of all sizes and practice areas use Clio products—Clio Manage, Clio Grow, and Lawyaw—to manage firm operations, streamline billing and payments, automate legal documents, and improve client experiences. Following its UA$250M Series D funding, led by TCV and JMI Equity, and its US$110M Series E investment, led by T. Rowe Price Associates, Inc. and OMERS Growth Equity, Clio has made history by becoming the first legal practice management unicorn in the world. Learn more at clio.com.
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SOURCE Clio | https://www.kxii.com/prnewswire/2022/04/12/clio-reopens-offices-with-employee-centric-digital-first-design/ | 2022-04-12T15:07:25Z |
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of TG Therapeutics, Inc..
Shareholders who purchased shares of TGTX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: January 15, 2020 to May 31, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) clinical trials revealed significant concerns related to the benefit-risk ratio and overall survival data of the Company's therapeutic product candidates, Ublituximab and Umbralisib; (ii) accordingly, it was unlikely that the Company would be able to obtain approval from the U.S. Food and Drug Administration of the Umbralisib marginal zone lymphoma and follicular lymphoma New Drug Application, the Biologics License Application for Ublituximab in combination with Umbralisib, the supplemental New Drug Application for Ublituximab in combination with Umbralisib, or the Ublituximab relapsing forms of multiple sclerosis Biologics License Application in their current forms; (iii) as a result, the Company had significantly overstated Ublituximab and Umbralisib's clinical and/or commercial prospects; and (iv) therefore, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: September 16, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/tg-therapeutics-inc-loss-submission-form/?id=30891&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TGTX during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 16, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.mysuncoast.com/prnewswire/2022/08/17/shareholder-alert-gross-law-firm-notifies-shareholders-tg-therapeutics-inc-class-action-lawsuit-lead-plaintiff-deadline-september-16-2022-nasdaq-tgtx/ | 2022-08-17T10:42:21Z |
DALLAS (KDAF) — North Texas band, Future You, is releasing its newest single ‘heartbreak’ this Sunday, July 10, but we got an exclusive first look and sat down with bassist Polo Garcia to talk all about it.
Watch the full music video for ‘heartbreak’ by Future You, below:
Here’s what he had to say about the song, the band and an upcoming show in North Texas:
What was the inspiration behind the new song?
“It was the culmination of a lot of events. I went through a breakup recently, then a bunch of other things happened with my bandmates’ lives and just trying to keep up with who they are as people. We had this really cool punk track [that we were sitting on]. We’re all really inspired by early 2000’s alternative rock, so we decided one last time to see what’s up with this song before we scrap it. I was thinking of saying no [to releasing the track] but eventually something changed and we went with it. It brings a nice sense of closure to a lot of things. It doesn’t sound sad but it is sad. It’s a fast enough song with catchy enough lyrics to have you listen to it over and over.”
How long has this song been in development?
“I think we demoed it out sometime in January, and eventually I went on a quick tour sometime in April and got back to play a show with Dayseeker. We had already released Bluff at the time and we decided that we needed something else before we make another move. [We wanted to] figure out where we were going and what we wanted to do as a band and what direction we wanted to take. By May, we were recording it. Then by mid-June, we had it in our hands ready to go.”
Talk about your upcoming show at Trees in Deep Ellum this month.
“Honestly, it’s a sick lineup. It’s us [Future You], a band from Detroit [called] Unwell, Begotten (another local crew here that is really really great), Vampire’s Everywhere, Palisades and Alesana. It’s the trilogy tour at Trees. It’s going to be a great lineup. If you wanna cry and relive your middle school years, by all means, it’s a great way to end a nice little weekend. Especially with Unwell and Begotten, because they are friends of ours, so it’s going to be so much fun.”
Future You will be playing with Unwell, Begotten, Vampire’s Everywhere, Palisades and Alesana at Trees Sunday, July 17. Tickets are currently on sale for $26 per ticket. You can get yours by clicking here. For more information about the show, click here.
Future You is a North Texas based band that draws inspiration from genres like emo, metalcore and punk. They consist of:
- Brett Wasson – vocals
- Drew Ballard – guitar
- Polo Garcia – bass
- Foch Bailey – drums
Their music is available on all music platforms including Apple Music and Spotify. Keep up to date with them on social media on Facebook, Instagram and Twitter.
‘heartbreak’ lyrics
Hey, relax; our story’s just begun so far
now that we’re looking forward
I know we’re both crushed (my head is shaking)
Your lips are so cold (you’re medicated)
There’s much more behind it (than words can show)
Stay away, I’m falling faster than you can see Melting away my dark tendencies
I know that I’m fading it’s all hard, I’m shaking
You’re leaving me guessing
I’m falling, I’m falling, I’m falling faster
I think I’ll fall away and I shouldn’t have to (I shouldn’t have to)
I hope you’ll fade away but I know that you won’t (I think I’ll fall)
Stay away, I’m falling faster than you can see Melting away my dark tendencies
I know that I’m fading it’s all hard, I’m shaking
You’re leaving me guessing
I’m falling, I’m falling, I’m falling faster
Look at the fact that it’s not who’s right
It’s not your fault it’s not my fight
It’ll be alright (x2)
Caught in the headlights for a day, the softest of sound wake the dead from their graves
Is it the end?
Cut me to pieces, I can’t feel the scars dig too deep
Forget the fact that it’s not who’s right, yeah it’ll be alright
I’m falling, I’m falling, I’m falling so…
Stay awake, I’m falling faster than you can see
I know that I’m fading it’s all hard, I’m shaking
You’re leaving me begging
I’m falling, I’m falling, I’m falling faster
Music video for ‘heartbreak’ by Future You couresty No Kings Above Productions.
Photos courtesy Future You | https://cw33.com/news/local/exclusive-interview-first-look-at-new-single-heartbreak-by-north-texas-band-future-you/ | 2022-07-08T16:35:30Z |
Jim King to succeed Jim Curphey as Litigation Department Chair effective Sept. 1, 2022
COLUMBUS, Ohio, Sept. 1, 2022 /PRNewswire/ -- Porter Wright today announced that partner James (Jim) A. King has been appointed to serve as litigation department chair. He succeeds partner James (Jim) D. Curphey, who has served in the role for more than 17 years and who will continue to counsel and advocate for clients at Porter Wright.
"This is an exciting time of transition for our firm," shared Deborah Boiarsky, chief operating partner at Porter Wright. "Both Jim King and Jim Curphey are incredible leaders who have served our clients and our attorneys with skill and integrity during their tenures at the firm. Jim King will bring his perspective and experience to the leadership of our litigation department, building off the foundation that Jim Curphey built in his time at department chair. We look forward to the next chapter under Jim King's leadership, and express our gratitude for Jim Curphey's service as he continues his active litigation practice here at Porter Wright."
"I am honored to work alongside Jim King to help him transition into his new role as litigation chair," said Jim Curphey. "He has served as a respected leader, mentor and colleague within the firm for years, and he is one of our leading trial lawyers. He is more than ready to take on the job."
Jim King has been with the firm for nearly 30 years and has served its partnership in various leadership roles, including on the firm's directing partners committee, partner compensation committee and new partner admissions committee, which he chaired for five years. As a veteran of the U.S. Army, Jim King serves as chair of the firm's Veteran's Affinity Group, providing support to the firm's veterans and active military service members. In his new role as litigation department chair, he will lead nearly half of the firm's attorneys spanning all eight offices. "We have an outstanding group of litigators at Porter Wright," he said. "I look forward to building upon the solid foundation that Jim Curphey has provided and seeing the department continue to grow."
He also is prepared to tackle the challenges that come with leading a group of nearly 100 attorneys, especially post-pandemic. "We're still getting back to normal. We've made great progress, but we're not there yet," he shared. "While our people and our workloads are solid, we need greater focus on training and working together. One of my priorities is to build the next generation of leadership."
Jim King has worked alongside Jim Curphey for years and values the leadership qualities he has brought to the role of litigation department chair. "Jim Curphey is and has been one of the firm's great leaders. He is deeply committed to the firm and its people. He respects everyone in the organization and encourages all of us to provide the best service we can for our clients. And he always uses positive language and has a positive attitude. I only hope I can be half the leader that he is."
While Jim Curphey has appreciated his time at the helm, he shares that he is excited to spend more time with his clients. "It's been a great run. I've enjoyed the opportunity to recruit and retain talented litigators, and to coach and problem-solve on tough legal questions, case strategy and client issues," he said. "It's been an honor to be a part of creating a platform for litigators to develop court room and client service skills, and to grow and thrive in their practice."
Porter Wright Morris & Arthur LLP is a large law firm that traces its roots to 1846 in Ohio. With offices in Columbus, Cincinnati, Cleveland and Dayton, Ohio; Chicago, Illinois; Naples, Florida; Pittsburgh, Pennsylvania; and Washington, D.C., Porter Wright provides strategic legal counsel to a worldwide base of clients. | porterwright.com
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SOURCE Porter Wright Morris & Arthur LLP | https://www.kxii.com/prnewswire/2022/09/01/porter-wright-announces-planned-leadership-transition/ | 2022-09-01T18:43:54Z |
Alabama signs Ohio transfer point guard Mark Sears
TUSCALOOSA, Ala. (AP) — Former Ohio point guard Mark Sears has transferred to Alabama after averaging nearly 20 points a game last season. Crimson Tide coach Nate Oats announced the signing of Sears. The 6-foot-1, 185-pounder was a two-time All-Mid-American Conference performer who was a finalist for the Lou Henson Award given to the nation’s top player at a mid-major program. Sears averaged 19.7 points, 6.0 rebounds and 4.1 assists per game last season. A native of Muscle Shoals, Alabama, he shot 40.8% from 3-point range and 88.5% from the free throw line. | https://localnews8.com/sports/ap-national-sports/2022/04/12/alabama-signs-ohio-transfer-point-guard-mark-sears/ | 2022-04-12T19:49:58Z |
TrufflezNFT Members will be granted exclusive access to the lounge through ownership of the TrufflezNFT, creating a first-of-its-kind digital and physical experience using NFT and AR/MR technology
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Trufflez, a vertically integrated premium cannabis company and droppLabs, a subsidiary of Dropp Group ("Dropp"), the future-forward web3 enabler, today announce the world's first NFT membership cannabis consumption lounge in New York. The companies partnered in March this year to launch TrufflezNFT, an innovative NFT project that democratizes ownership of cannabis-related IP while providing a strong community focus on cannabis industry education. As an expansion of the project, TrufflezNFT project is announcing the launch of the world's first NFT membership cannabis lounge in partnership with New York-based Elite/AB Hospitality Group. The Trufflez Lounge will open in Williamsburg in November, 2022 and will be accessible only to TrufflezNFT members.
"The Trufflez Lounge represents the beginning of Trufflez's aim to create the Soho House of cannabis," said Leo Hairsprtian, CEO and founder of Trufflez Inc. "We are building a community that offers real-world, vested value. This lounge represents a permanent synergy between the growing sectors of Web3 and cannabis. We are proud to be part of this revolutionary offering with our partner, droppLabs and Elite/AB Hospitality Group."
TrufflezNFT members will enjoy a wide range of benefits at the Trufflez Lounge including access to the cannabis consumption lounge with complimentary proprietary Trufflez products fully integrated with droppLabs' mixed reality experiences. Elite will provide an innovative food menu engineered for cannabis consumers.
"We are thrilled to be the home of this first-of-its-kind lounge," said Anthony Buck Co-Founder of Elite/AB Hospitality Group. "We pride ourselves on offering top of the line hospitality, unique experiences, and most importantly an enjoyable environment for diverse communities. Trufflez NFT is aligned with these values and we look forward to welcoming its members in the city."
TrufflezNFT launched its pre-sale in late June 2022. It offers members a unique portfolio of utility and benefits through a rewards program, lifelong membership discounts, first use access to the upcoming Trufflez delivery service, private IRL events, and a fractionalized IP stake related to two never-been-released proprietary strains.
The public sale of the TrufflezNFT opens on August 6th at 1pm EST. For more information and to join the public sale, please visit truffleznft.com.
Founded in 2018 and based in California, the Trufflez team is comprised of leading experts in exotic cannabis cultivation and manufacturing in the United States. As a fully compliant and licensed facility, our mission is to deliver the highest quality products and next-level customer experience to every person we serve. To ensure consistent high-quality standards, Trufflez oversees and manages ALL stages of production, from initial planting to the end user's experience. With 20+ unique strains and growing, Trufflez continues to develop, test, and improve its operations, processes, and product to remain an innovator in the cannabis culture.
Elite/AB Hospitality Group delivers high energy dining experiences, a concept that revolves around the one simple idea that here, EVERYONE IS ELITE. Elite combines Latin food and culture delivering breathtaking dining experiences across New York from their Williamsburg flagship restaurant to partner venues across Manhattan, New York. www.elitewilliamsburg.com
droppLabs is the leading subsidiary of Dropp Group ("Dropp"), the future-forward web3 enabler. We leverage our proprietary, patent-protected technology stack to provide a foundation and launching point for brands and creators across all industries to successfully transition into web3 while holding true to our roots as a driving force in video and social content-driven commerce. droppLabs covers every/any aspect of an organization's journey into web3 and powers tokenized community experiences for brands, creators, IP owners, consumers and more. Our legacy lies in making experiential eCommerce a reality by empowering creators and elevating an immersive sense of community between artists, brands, businesses, and their target audiences.
Headquartered in New York with additional operational hubs in Canada and Saudi Arabia, Dropp has developed multiple proprietary, patent-protected innovations in artificial intelligence, machine learning, computer vision algorithms, object recognition, streaming, AR, MR, VR and crypto to recognize products in video content and tag them in real-time. With Dropp, the next-generation consumer journey is as simple and streamlined as "See it, Want it, Get it." Dropp's solution suite is made up of several distinct, interoperable offerings, including droppTV, droppLabs, droppX, droppAlt, droppMint, and droppHub, For more info, please visit www.dropplabs.io.
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SOURCE droppLabs | https://www.kxii.com/prnewswire/2022/08/03/truffleznft-launch-first-nft-membership-cannabis-consumption-lounge-new-york/ | 2022-08-03T16:54:20Z |
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