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NEW YORK, July 29, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AYLA, KLTR, PLUG, F, and FCEL.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- AYLA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AYLA&prnumber=072920222
- KLTR: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=KLTR&prnumber=072920222
- PLUG: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PLUG&prnumber=072920222
- F: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=F&prnumber=072920222
- FCEL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=FCEL&prnumber=072920222
(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.
View original content to download multimedia:
SOURCE InvestorsObserver
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https://www.kxii.com/prnewswire/2022/07/29/thinking-about-buying-stock-ayala-pharmaceuticals-kaltura-plug-power-ford-motor-or-fuelcell-energy/
| 2022-07-29T14:54:41Z
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Closures Due to Limited Interest Since Launch
NEW YORK, Aug. 26, 2022 /PRNewswire/ -- Due to the their inability to attract sufficient investment assets, the Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close seven ETFs (each, a "Fund" and collectively, the "Funds"), based on the recommendation of the funds' adviser, Rafferty Asset Management, LLC. As a result, the Board concluded that liquidating and closing the Funds would be in the best interest of the Funds and their shareholders. The Funds closing are as follows:
The Funds will cease trading on the NYSE Arca, Inc. ("NYSE") and will be closed to purchase by investors as of the close of regular trading on the NYSE on September 23, 2022 (the "Closing Date"). The Funds will not accept purchase orders after the Closing Date.
Shareholders may sell their holdings in a Fund prior to the Closing Date and customary brokerage charges may apply to these transactions. However, from September 23, 2022 through September 30, 2022 (the "Liquidation Date") shareholders may only be able to sell their shares to certain broker-dealers and there is no assurance that there will be a market for a Fund's shares during this time period. Between the Closing Date and the Liquidation Date, each Fund will be in the process of closing down and liquidating its portfolio. This process will result in a Fund increasing its cash holdings and, as a consequence, not tracking its underlying index, which is inconsistent with each Fund's investment objective and strategy.
On or about the Liquidation Date, each Fund will liquidate its assets and distribute cash pro rata to all shareholders who have not previously redeemed or sold their shares. These distributions are taxable events. In addition, these payments to shareholders may include accrued capital gains and dividends. As calculated on the Liquidation Date, each Fund's net asset value will reflect the costs of closing the Fund. Once the distributions are complete, the Funds will terminate.
Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxion's reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $20.7 billion in assets under management as of June 30, 2022. For more information, please visit www.direxion.com.
There is no guarantee that the Funds will achieve their investment objectives.
For more information on all Direxion Shares daily leveraged ETFs, go to www.direxion.com, or call us at 866.301.9214.
Leveraged and Inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying index over periods longer than one day. They are not suitable for all investors and should be utilized only by sophisticated investors who understand leverage risk and who actively manage their investments.
An investor should carefully consider a Fund's investment objective, risks, charges, and expenses before investing. A Fund's prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a Fund's prospectus and summary prospectus call 866-716-0735 or visit our website at direxion.com. A Fund's prospectus and summary prospectus should be read carefully before investing.
Direxion Shares Risks – An investment in the ETFs involves risk, including the possible loss of principal. The ETFs are non-diversified and include risks associated with concentration that results from an ETF's investments in a particular industry or sector which can increase volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. The ETFs do not attempt to, and should not be expected to, provide returns which are a multiple of the return of their respective index for periods other than a single day. For other risks including leverage, correlation, daily compounding, market volatility and risks specific to an industry or sector, please read the prospectus.
Distributor: Foreside Fund Services, LLC.
CONTACT: Douglas Hesney, SVP
Ditto Public Relations
doug@dittopr.co
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SOURCE Direxion
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https://www.kxii.com/prnewswire/2022/08/26/direxion-closing-seven-etfs/
| 2022-08-26T20:56:06Z
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The partnership will leverage each organization's strengths and areas of expertise to offer expanded mental health care.
ST. PAUL, Minn., June 21, 2022 /PRNewswire/ -- Children's Minnesota and PrairieCare are pleased to announce a new partnership that will deliver high-quality psychiatric care to kids as young as six years old. As Children's Minnesota prepares to open its first inpatient mental health unit this fall, PrairieCare will provide programmatic guidance and joint clinical leadership for the new unit.
Dr. Ryan Williams, PrairieCare's physician executive, has been appointed as the medical director of inpatient psychiatry at Children's Minnesota for the new unit.
"We're excited to partner with PrairieCare to deliver the highest quality mental health services to kids in our community," said Dr. Gigi Chawla, vice president and chief of general pediatrics at Children's Minnesota. "Children's Minnesota is committed to providing the full continuum of mental health services tailored for kids in the region to improve access, equitable care and treatment throughout a child's mental health journey."
"This partnership is a testament to the dedication of both PrairieCare and Children's Minnesota to address the unmet mental health needs of our children," said Dr. Williams. "Kids and young adults need access to mental health resources designed for their specific, age-appropriate and medical needs, and we look forward to providing this personalized care to our community soon."
The new Children's Minnesota inpatient mental health unit will care for approximately 1,000 children and adolescents each year and will provide a healing environment, which includes:
- 22 dedicated inpatient psychiatric beds at the system's St. Paul hospital that will allow parents to stay overnight with their child.
- The first inpatient unit in the east metro to treat kids under 12 years old. It will also be able to serve children with more complex medical needs, meeting the urgent mental health needs of the most vulnerable kids in Minnesota and the region.
- A dedicated, multi-disciplinary care team of psychiatrists, psychologists, program therapists, nurses, occupational therapists, child life and music therapists to provide individualized treatment tailored to meet each child's needs.
Children's Minnesota is one of the largest pediatric health systems in the United States and the only health system in Minnesota to provide care exclusively to children, from before birth through young adulthood. An independent and not-for-profit system since 1924, Children's Minnesota is one system serving kids throughout the Upper Midwest at two free-standing hospitals, nine primary care clinics, multiple specialty clinics and seven rehabilitation sites. As The Kids ExpertsTM in our region, Children's Minnesota is regularly ranked by U.S. News & World Report as a top children's hospital.
Find us on Facebook @childrensminnesota or on Twitter and Instagram @childrensmn. Please visit childrensMN.org.
PrairieCare is one of the nation's most innovative, fastest-growing psychiatric health systems, offering psychiatric services for all ages, including free mental health assessments, clinic services, intensive outpatient programs (IOP), partial hospital programs (PHP) and residential services. PrairieCare is based in Minnesota, with 10 locations across the Twin Cities metro, Mankato and Rochester. For more information about services offered, visit prairie-care.com.
Media contact:
Dina Elrashidy
Dina.elrashidy@childrensmn.org
763-478-7102
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SOURCE PrairieCare; Children's Minnesota
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https://www.wibw.com/prnewswire/2022/06/21/childrens-minnesota-partner-with-prairiecare-deliver-inpatient-mental-health-services/
| 2022-06-21T13:37:02Z
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The APV Flex-Mix™ Pilot Mixer provides a flexible, compact, multi-function design within the convenience of the customer's own lab
CHARLOTTE, N.C., Sept. 8, 2022 /PRNewswire/ -- SPX FLOW, Inc., a leading provider of process solutions for the nutrition, health and industrial markets, unveiled the new APV Flex-Mix™ Pilot Mixer, which enables food and beverage customers to test small-scale pilot batches of low to high viscosity product samples using just a single unit.
Customers can buy or rent the pilot mixer to conduct tests at their own facilities, including developing recipes for everything from infant formula, ice cream and plant-based products to dressings, sauces and high-protein yogurts. The in-house tests give customers a better sense of whether products and recipes can be replicated on a bigger scale. In addition, by conducting the tests on a smaller scale, customers can avoid shutting down their production lines for a long time.
This pilot mixer is also ideal for small-scale production or craft producers looking to make a variety of products in small batches. The Flex-Mix Pilot Mixer's compact, ergonomic design, which is easy to move and requires just one operator, adds a convenient and cost-effective solution for businesses of all sizes.
"Flexibility is a top priority for food and beverage producers and that's the biggest benefit of the Flex-Mix Pilot Mixer," said Con O'Driscoll, SPX FLOW's Global Product Manager. "This helps customers quickly adjust to emerging trends efficiently and reliably — with equipment designed to enable rapid innovation, thereby improving speed to market."
The Flex-Mix Pilot Mixer also helps customers cut costs and reduce waste. By conducting the tests in their own facilities, customers won't have to pay to travel or ship raw materials to a different laboratory. And since the batch size is small, there will be less waste during the testing phase.
Equipped with all the features of a full-size mixer, including heating jackets, agitators, scrapers and semi-automation systems, the pilot mixer can perform incorporate mixing, direct heating and jacket heating/cooling.
A single pilot mixer also enables customers to test three different types of mixing techniques available in the full-scale APV Flex-Mix series:
- Atmospheric mixing: For low viscosity products like ice cream mix and recombined dairy products. It uses internal recirculation and scales up to our Flex-Mix™ Liquiverter mixer.
- Vacuum-mixing: For low viscosity products like infant formula and plant-based products. It uses external recirculation and scales up to our Flex-Mix™ Instant mixer.
- All-in-one mixing with or without vacuum or heating: For medium and high viscous products like processed cheese and meat products. It uses internal recirculation and scales up to our Flex-Mix™ Multiverter mixer.
The Flex-Mix Pilot Mixer can test a variety of ingredients, including liquids, dry powders, soluble pastes, coarse grinds and solids.
"The ease and flexibility of our new pilot mixer give customers the options they need for their products and recipes to succeed," said O'Driscoll. "Once the test is successful, SPX FLOW and customers can work together to scale up and achieve optimum results easily."
For more information, visit SPX FLOW's website: Flex-Mix Pilot Mixer.
About SPX FLOW, Inc.
Based in Charlotte, N.C., SPX FLOW, Inc. improves the world through innovative and sustainable solutions. The company's product offering is concentrated in process technologies that perform mixing, blending, fluid handling, separation, thermal heat transfer and other activities that are integral to processes performed across a wide variety of nutrition, health and industrial markets. SPX FLOW had approximately $1.5 billion in 2021 annual revenues and has operations in more than 30 countries and sales in more than 140 countries. To learn more about SPX FLOW, please visit www.spxflow.com.
Media Contact:
Melissa Buscher, Chief Communications and Marketing Officer
Melissa.Buscher@spxflow.com
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SOURCE SPX FLOW, Inc.
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https://www.mysuncoast.com/prnewswire/2022/09/08/new-pilot-mixer-enables-processors-develop-wide-range-recipes-with-one-solution/
| 2022-09-08T16:52:26Z
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Which PS4 controller charger is best?
There’s nothing more agonizing than having your PlayStation 4 controller die in the middle of a hectic match or boss fight — except if you go to charge your dead controller and see it’s no longer working. There are multiple solutions to this problem, from charging cradles with multiple ports to cable packs so that if one goes down you still have a backup.
The best controller charger is the PowerA DualShock Charging Station For PlayStation 4. It’s the official charging cradle for the PS4, so you know you’re in good hands.
What to know before you buy a PS4 controller charger
Types of PS4 controller chargers
There are four types of PS4 controller chargers.
- Cable chargers are just that, a cable. Every PS4 ships with a charging cable, but these are easy to lose and eventually degrade — especially if you’re rough with them. Luckily, they’re dirt cheap to replace.
- Row cradles let you dock your controllers one in front of the other to charge. Reasonably affordable, they’re the easiest and safest to use but can take up a good amount of space.
- Vertical cradles take up less space overall but can be a hassle to use. It’s a good choice if you don’t have space — otherwise, stick to row cradles.
- Integrated cradles can charge controllers, yes, but they can also accomplish a fleet of additional tasks. Some can act as a stand and cooling fan, some provide organization for your game cases, and some can charge every piece of PlayStation tech, such as the virtual reality headset and controllers.
First-party vs. third-party vs. licensed
PS4 controller chargers can be made by a variety of manufacturers, each with special designations.
- First-party chargers are made directly by Sony, the manufacturer of the PlayStation. These are frequently among the best options but may not be right for you depending on your exact needs.
- Third-party chargers are made by manufacturers completely disconnected from Sony. These have the widest range of options but the widest range of qualities and costs, too.
- Licensed chargers are technically third-party, but have a partnership with Sony that grants them a special emblem for their marketing. These are usually among the better third-party options.
What to look for in a quality PS4 controller charger
Indicator lights
Better PS4 controller chargers have indicator lights that tell you how far along in the charging process your controllers are. These can be as simple as two lights, one for charged and one for charging, or as complex as a series of lights that visualize the whole process.
Overcharge protection
The best PS4 controller chargers have overcharge protection, meaning the controller will no longer receive power once it becomes fully charged. This can dramatically extend the life of your controller’s battery.
How much you can expect to spend on a PS4 controller charger
PS4 controller chargers typically cost $5-$50. Basic cables are usually $5 each, with discounts the more you buy at once. Midrange cradles tend to cost roughly $15-$20, with better options costing up to $40. The best can cost as much as $60.
PS4 controller charger FAQ
Can PS4 controller charging stations be used with Xbox and Nintendo controllers?
A. Generally speaking, no. PS4 charging stations typically connect with a special port on the underside of the controller rather than the micro-USB port on the top. Some charging stations, though, are designed with a special port each for multiple controllers — unfortunately, these don’t work as well as dedicated cradles. If you want to be able to charge more than just your PS4 controller, you need to use a USB to micro-USB cable.
How many PS4 controllers can a charging station hold?
A. The average charging station can hold up to two controllers at once, though some can hold up to four. It’s rarely worth the cost and the amount of space four-controller cradles take up, but in some situations, they can be lifesavers.
What’s the best PS4 controller charger to buy?
Top PS4 controller charger
PowerA DualShock Charging Station For PlayStation 4
What you need to know: This charging station meets in the middle for price, size and effectiveness.
What you’ll love: It’s an official PlayStation licensed charging cradle. It can charge up to two controllers at once and takes roughly 80 minutes to fully charge a dead controller. The plastic design is built to match the console’s aesthetics and it uses a snap-down system to hold the controllers steady.
What you should consider: A few consumers found the plastic a little delicate. Others reported the controllers sit precariously lightly on the cradle, making them easy to knock off.
Where to buy: Sold by Amazon
Top PS4 controller charger for the money
6amLifestyle PS4 Controller Charging Cable
What you need to know: These cables are excellent replacements for the charging cords included with the PS4.
What you’ll love: You can purchase these in a pack of two or three in combinations of black, blue and red. They use USB 2.0 and micro-USB on either end to connect to your power source and controller, meaning they can connect to more power sources and controllers than just the PS4 family.
What you should consider: A few customers had issues with the controller-side cables being a little loose, leading to unsteady charging and occasional disconnection when playing while connected.
Where to buy: Sold by Amazon
Worth checking out
Oivo PS4 Stand Cooling Fan Station
What you need to know: This charging cradle triples as a cooling fan and a game organizer.
What you’ll love: The cooling stand portion can be modified to fit all three PS4 models, the game case organizer can fit 12 cases and the charging docks can charge up to two controllers. It uses a galvanized metal base to avoid overheating when the fan and chargers are all active.
What you should consider: It’s large and bulky, so avoid this if you’re tight on space. A few purchasers found the fan wouldn’t cool as well as they expected.
Where to buy: Sold by Amazon
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Jordan Woika writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved.
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https://cw33.com/reviews/best-ps4-controller-charger/
| 2022-05-26T01:59:11Z
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(The Hill) – Missing text messages for top Trump administration Homeland Security officials in the days surrounding Jan. 6, 2021, are raising new questions about why the agency’s watchdog did not alert officials to the potential destruction of records.
According to a document obtained by the Project on Government Oversight, text messages for former acting Homeland Security Secretary Chad Wolf as well as his deputy, Ken Cuccinelli, were unable to be located.
The late February message to Department of Homeland Security (DHS) Inspector General Joseph Cuffari indicates that record retention issues at the agency extend beyond the Secret Service and that DHS’s own watchdog failed in multiple instances to notify lawmakers about the missing messages.
The news was first reported by The Washington Post, which described the text messages as being lost in a reset of their government phones when they left office after President Biden’s inauguration.
The correspondence from DHS’s management division alerted Cuffari that the messages could not be extracted and were no longer accessible.
The revelation of additional messages that the department is no longer able to account for comes after Cuffari was asked by lawmakers earlier this week to step aside from investigating what he said earlier this month were “erased” text messages of Secret Service agents.
Lawmakers, including Rep. Bennie Thompson (D-Miss.), chair of both the House Homeland Security Committee and the Jan. 6 select committee, said Cuffari may have violated the law by failing to alert DHS or lawmakers about the potential mismanagement of government records.
The latest development also indicated that Homeland Security Under Secretary for Management Randolph Alles, who also previously led the Secret Service, also had his phone reset and his messages were unaccounted for.
Neither Cuffari’s office nor DHS responded to requests for comment.
Both Wolf and Cuccinelli met with Jan. 6 investigators to face questions about pressure from former President Trump for DHS to seize voting machines. Baseless allegations that the machines had been hacked are thought to be behind the pressure campaign.
But their texts from Jan. 5 and Jan. 6 could also shed light on how top national security advisors were reacting as the Capitol was stormed.
The Jan. 6 committee swiftly subpoenaed the Secret Service text messages after being alerted by Cuffari — roughly seven months later — that the messages were “erased” as part of a device replacement program. Secret Service contends any data that was lost was due to a migration to a new mobile management software.
Lawmakers serving on the panel said it could provide another line of inquiry.
“We’re certainly going to be looking into any emails or text messages that were within the scope of what we requested and that have been lost or destroyed,” Rep. Adam Schiff (D-Calif.) told The Hill.
A suite of legislative committees made the request for such documents just days after the Jan. 6 attack and ahead of any planned tech updates at DHS.
“I just don’t know why everybody’s texts and emails are suddenly disappearing all over the place. So I assume it’s not just a technological problem. But we’ll get to the bottom of it,” Rep Jamie Raskin (D-Md.) said.
“We would expect that they would be there and we expect to get all of the records and we will work for both legal and technological answers where evidence mysteriously disappeared,” Raskin added.
Secret Service has previously said they are unsure whether any texts are missing as they instruct agents not to use text messages for security reasons. Agents were instructed to archive any records ahead of the migration. Still, the agency ultimately turned over just one message to the Jan. 6 committee — a text from former Capitol Police Chief Steven Sund pleading for help.
“Well, I’m concerned. First of all, if that information exists, what’s the format? If it’s missing, how did it end up being missed? These individuals are not connected to the Secret Service, although they are in the Department of Homeland Security. So obviously, we’ll have to look and see the connection, if any, between that,” Thompson said.
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https://cw33.com/news/nexstar-media-wire/more-missing-texts-this-time-from-trump-dhs-officials-raise-new-jan-6-questions/
| 2022-07-29T20:39:38Z
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ATHENS, Greece (AP) — Greece’s government has written to the country’s NATO and European Union partners and the head of the United Nations, asking them to formally condemn increasingly aggressive talk by officials in neighboring Turkey and suggesting that current bilateral tensions could escalate into a second open conflict on European soil.
In the letters, copies of which were seen Wednesday by The Associated Press, Greek Foreign Minister Nikos Dendias said the behavior of his country’s historic regional rival — and NATO ally — should be censured by the three bodies.
“By not doing so in time or by underestimating the seriousness of the matter, we risk witnessing again a situation similar to that currently unfolding in some other part of our continent,” he wrote, in an allusion to the war in Ukraine. “This is something none of us would really wish to see.”
The letters dated Monday and Tuesday come at a low point in relations between the two neighbors, who are separated by centuries-long enmity and contemporary disputes, including Aegean Sea boundaries and immigration. Greece and Turkey have come close to war three times in the last half-century.
On Tuesday Turkey’s president reiterated a thinly veiled invasion threat made over the weekend. Athens responded that it’s ready to defend its sovereignty.
In the letters to NATO Secretary General Jens Stoltenberg, EU foreign policy head Josep Borrell and U.N. chief Antonio Guterres, Athens quoted Erdogan’s references to Greek “occupation” of Aegean Sea islands that have been part of Greece for decades, and to the Greek people as “vile.”
“The Turkish leadership has apparently chosen to present future aggression as already prepared and, more importantly, as a justified action,” he said. “Unless seen in its true dimensions and properly dealt with by the international community, this Turkish attitude risks destabilizing our wider region and causing consequences of which the gravity is hard to assess.”
Turkish President Recep Tayyip Erdogan said Tuesday that Turkey could “come all of a sudden one night” in response to perceived Greek threats, suggesting a Turkish attack cannot be ruled out.
Ankara says Greece is violating international agreements by keeping a military presence on islands close to Turkey’s Aegean coastline. It has also accused Greek air defenses of locking on to Turkish fighter jets during NATO exercises over the eastern Mediterranean.
Greece says it needs to defend its eastern islands — including tourist hotspots Rhodes and Kos, which are much closer to Turkey than to the Greek mainland — against its larger and militarily stronger neighbor.
Dendias on Tuesday accused Turkey of carrying out 6,100 Greek airspace violations this year, including 157 overflights of Greek territory.
Greece almost daily scrambles fighter aircraft to identify and intercept Turkish military planes and often simulated dogfights break out, which have led to several fatalities in the past decades.
“The Turkish attitude is a destabilizing factor for NATO’s unity and cohesion, weakening the southern flank of the alliance at a moment of crisis,” Dendias wrote to Stoltenberg.
Both Greece and Turkey face crucial elections next year.
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https://cw33.com/news/international/ap-international/ap-greece-warns-allies-of-turkey-conflict-danger-amid-tension/
| 2022-09-07T16:58:03Z
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Meta, the parent company of Facebook and Instagram, posted its first revenue decline in history Thursday, dragged down by a drop in ad spending as the economy falters — and as competition from rival TikTok intensifies.
The results largely followed a broader decline in the digital advertising market that is dinging Meta rivals such as Google, Twitter — which also posted a revenue decline — and Snap. Google’s parent company Alphabet reported its slowest quarterly growth in two years on Tuesday.
CEO Mark Zuckerberg said Meta is slowing its pace of investments and plans to “steadily reduce” employee growth after a hiring blitz earlier this year.
“This is a period that demands more intensity,” he said in a conference call with analysts. “Expect us to get more done with fewer resources.”
Beyond the economic downturn, Meta faces some unique challenges, including the looming departure of its chief operating officer Sheryl Sandberg, the chief architect of the company’s massive advertising business.
In addition to TikTok, the decline in ad spending among the downturn and Apple’s privacy changes, “questions about Meta’s leadership” — including Sandberg’s exit and negative sentiment about the company as a whole — also contributed to the decline, said Raj Shah, a managing partner at digital consultancy Publicis Sapient.
Meta earned profits of $6.69 billion, or $2.46 per share, in the April-June period. That’s down 36% from $10.39 billion, or $3.61 per share, in the same period a year ago.
Revenue was $28.82 billion, down 1% from $29.08 billion a year earlier.
Analysts, on average, were expecting earnings of $2.54 per share on revenue of $28.91 billion, according to a poll by FactSet.
“The year-over-year drop in quarterly revenue signifies just how quickly Meta’s business has deteriorated,” said Insider Intelligence analyst Debra Aho Williamson in an email. “Prior to these results, we had forecasted that Meta’s worldwide ad revenue would increase 12.4% this year, to nearly $130 billion. Now, it’s unlikely to reach that figure.”
She added that the good news — if it could be called that — is that Meta’s competitors are also experiencing slowdowns.
Meta is in the midst of a corporate transformation that it says will take years to complete. It wants to evolve from a provider of social platforms to a dominant power in a nascent virtual reality construct it calls the “metaverse” — sort of like the internet brought to life, or at least rendered in 3D. CEO Mark Zuckerberg has described it as an immersive virtual environment, a place people can virtually “enter” rather than just staring at a screen. The company is investing billions in its metaverse plans that will likely take years to pay off — and as part of its plan renamed itself Meta last fall.
“Expect Meta’s decline to continue until Meta can monetize the metaverse, and begin another Meta-reverse,” Shah said.
Meta forecasts revenue of $26 billion to $28.5 billion for the current quarter, which is below Wall Street’s expectations.
“This outlook reflects a continuation of the weak advertising demand environment we experienced throughout the second quarter, which we believe is being driven by broader macroeconomic uncertainty,” finance chief David Wehner said in a statement. Meta said Wehner is being promoted to chief strategy officer, where he will oversee the company’s strategy and corporate development. Susan Li, currently vice president of finance, will replace him as CFO.
Shares of Meta Platforms Inc. fell $6.88, or 4.1%. to $162.70 in after-hours trading. The stock had closed up $10.43, or 6.6%. at $169.58 on Wednesday in the regular trading session. Meta’s stock has lost more than half its value since the start of this year.
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https://cw33.com/technology/ap-technology/facebook-parent-meta-posts-first-revenue-decline-in-history/
| 2022-07-28T08:15:19Z
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- First quarter 2022 revenue up 24% to $148.2 million
- Reported 24-month backlog at the end of Q1 2022 is $2.2 Billion, which is the largest in the history of the company
- Extended ABL maturity through July 2025
BLUE BELL, Pa., May 17, 2022 /PRNewswire/ -- QualTek Services Inc. ("QualTek" or the "Company") (NASDAQ: QTEK), a leading turnkey provider of infrastructure services to the North American 5G wireless, telecom, power grid modernization, and renewable energy sectors, announced today strong 2022 first quarter financial results of its subsidiary QualTek HoldCo, LLC.
For the First Quarter:
First quarter 2022 revenue was up 24.4% to $148.2 million, compared to $119.1 million for the first quarter of 2021. The increase in revenue was attributable to increased volumes around 5G rollout in our Telecom segment and a higher volume of events in our Renewables & Recovery segment. Net loss from continuing operations for the first quarter 2022 was $40.5 million compared to a net loss from continuing operations of $19.9 million in the first quarter of 2021. The increase in Net loss in 2022 is primarily due to transaction and public company readiness costs along with stock compensation and other one-time expenses associated with the public transaction. First quarter 2022 adjusted EBITDA was $4.0 million compared to $2.9 million, inclusive of discontinued Canadian operations, for the first quarter of 2021, a 38% increase. Backlog at the end of the first quarter 2022 was $2.2 billion, up from year-end 2021 of $2.1 billion. Guidance for the year remains unchanged.
Scott Hisey, QualTek's Chief Executive Officer, said "during the first quarter, we continued to position QualTek for what we believe to be the largest telecommunications build in the history of our country. Our Q1 revenue was $148.2 million, an increase of 24.4% year-over-year. We are pleased to report that we extended our ABL for 2 additional years. This improved strength of our balance sheet will allow us liquidity to execute on our growth plan that we laid out when we started our transformation into a public company. The 5G build out, coupled with significant public, private and government-initiated fiber and power/grid build outs is historic, and we are confident that QualTek is poised to be a major partner to the largest service providers in these segments."
Management will hold a conference call to discuss these results on Wednesday, May 18, 2022, at 9:00 a.m. Eastern Time. The call-in number for the conference call is 1 (888) 330 – 2454 or 1 (240) 789 - 2714 using passcode 2965812. Additionally, the call will be broadcast live over the Internet and can be accessed and replayed through the investor relations section of the Company's website at qualtekservices.com.
The following tables set forth the financial results for the periods ended April 2, 2022, and April 3, 2021:
About QualTek
Founded in 2012, QualTek is a leading technology-driven provider of infrastructure services to the 5G wireless, telecom, power grid modernization, and renewable energy sectors across North America. QualTek has a national footprint with more than 80 operation centers across the U.S. and a workforce of over 5,000 people. QualTek has established a nationwide operating network to enable quick responses to customer demands as well as proprietary technology infrastructure for advanced reporting and invoicing. The Company will report within two operating segments: Telecommunications and Renewables and Recovery. For more information, please visit qualtekservices.com.
Forward Looking Statements
This communication contains forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995, including statements about the financial condition, results of operations, earnings outlook and prospects of QualTek. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, but the absence of these words does not mean that a statement is not forward-looking.
The forward-looking statements are based on the current expectations of the management of QualTek and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those discussed and identified in public filings made with the SEC by QualTek.
Should one or more of the risks or uncertainties materialize or should any of the assumptions made by the management of QualTek prove incorrect, actual results may vary in material respects from those projected in these forward-looking statements.
All pro forma numbers are used for illustrative purpose only, are not forecasts and may not reflect actual results.
All subsequent written and oral forward-looking statements concerning the matters addressed in this communication and attributable to QualTek or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this communication. Except to the extent required by applicable law or regulation, QualTek undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date of this communication to reflect the occurrence of unanticipated events.
Media Contact:
QualTek IR/Communications
Gianna Lucchesi
PR@qualtekservices.com
(484) 804 - 4585
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https://www.kxii.com/prnewswire/2022/05/17/qualtek-announces-first-quarter-2022-financial-results/
| 2022-05-17T20:59:40Z
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$11.8 million worth of cocaine found in shipment of baby wipes, border patrol says
Published: Aug. 30, 2022 at 11:26 AM CDT|Updated: 51 minutes ago
LAREDO, Texas (Gray News) – Authorities in Texas found more than 1,500 pounds of cocaine hidden in a shipment of baby wipes on Friday.
U.S. Customs and Border Protection said the cocaine totaled more than $11.8 million in street value.
A CBP officer at the Colombia-Solidarity Bridge stopped a tractor-trailer carrying a shipment of baby wipes for secondary inspection. Drug-sniffing dogs then made the discovery of 1,935 packages of cocaine totaling 1,532 pounds.
CBP seized the drugs. The incident is under investigation.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/08/30/118-million-worth-cocaine-found-shipment-baby-wipes-border-patrol-says/
| 2022-08-30T17:17:47Z
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Woman killed in crash with Florida officer
Published: Aug. 14, 2022 at 6:20 PM EDT|Updated: 21 minutes ago
COCONUT CREEK, Fla. (AP) — Florida authorities are investigating an officer-involved crash that killed a civilian driver early Sunday.
Coconut Creek police arrived at the 4 a.m. crash to find one of its officers was involved. The department then turned the investigation over to the Broward County Sheriff’s Office.
A woman in the other vehicle was brought to the hospital, where she died. The officer was taken to a hospital with non-life threatening injuries, according to the sheriff’s office.
The sheriff’s office didn’t provide any other information.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/08/14/woman-killed-crash-with-florida-officer/
| 2022-08-14T22:43:01Z
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Ravens linebacker Jaylon Ferguson dies at age 26
(AP) - Baltimore Ravens linebacker Jaylon Ferguson has died at age 26.
Ferguson, nicknamed “Sack Daddy,” played three NFL seasons, all with Baltimore. He set the career sacks record in the college Football Bowl Subdivision (45) when he played at Louisiana Tech.
Police said the cause of death is still to be determined.
“On June 21, 2022, at approximately 11:25 p.m., Northern District patrol officers responded to a home in the 400 block of Ilchester Avenue for a report of a questionable death,” Baltimore police said. “Once there, officers located 26-year-old Jaylon Ferguson, unresponsive, being treated by medics. Ferguson never regained consciousness and was pronounced dead on the scene by medics. No signs of trauma was found or foul play suspected at this time.”
Ferguson was drafted by the Ravens in the third round in 2019, and played in 38 games as a pro with 4 1/2 sacks.
“We are profoundly saddened by the tragic passing of Jaylon Ferguson,” the Ravens said in a statement. “He was a kind, respectful young man with a big smile and infectious personality. We express our heartfelt condolences to Jaylon’s family and friends as we mourn a life lost much too soon.”
Born Dec. 14, 1995, in St. Francisville, Louisiana, Ferguson played high school football and basketball at West Feliciana. At Louisiana Tech, his 45 sacks were one better than another Ravens linebacker, Terrell Suggs, achieved at Arizona State.
Ferguson was a third-team AP All-American in 2018.
“The LA Tech Family mourns this morning’s tragic news of the sudden death of former Bulldog great, Jaylon Ferguson,” the Louisiana Tech football program tweeted. “We will remember his God-given talents on the field and his infectious personality off of it. Our thoughts and prayers are with his family and friends.”
___
Follow Noah Trister at www.Twitter.com/noahtrister
___
More AP NFL: https://apnews.com/hub/nfl and https://apnews.com/hub/pro-32 and https://twitter.com/AP_NFL
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/06/22/ravens-linebacker-jaylon-ferguson-dies-age-26/
| 2022-06-22T15:45:27Z
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Marshall County EMS introduces new tornado cleanup information email
KINGSTON, Okla. (KXII) - The cleanup effort is continuing in Kingston following last weeks tornado and Marshall County emergency management is giving people effected by it a new way to ask questions.
The tornado left a trail of destruction in its path and hundreds of people across Kingston asking what the next step is.
“Its a long slow process,” said Marshall County EMS director Daniel Nixon. “There’s a lot of debris and a lot of things to move and a lot of moving parts in the background.”
Nixon has been overseeing a lot of the cleanup and it’s a big undertaking.
“The phones have been ringing off the hook,” Nixon said. “Emails have been coming in and some of the emails were getting, I’ve lost emails from several people and they’re not necessarily lost but once they get buried at the bottom of your inbox it takes a while to get to them.”
Marshall co ems gets thousands of emails a day.
So to help keep track of ones specifically requesting information on tornado cleanup they’ve set up a new email, info@marshallcountyok.com.
“Any questions, anything anyone wants to know any information anyone wants to pass along.”
The address was set up on Monday and Nixon says they’ve already received several questions as well as offers to help out.
“We’ve had questions as simple as where do we report our damage, how do we report our damage, or hey we’ve got a back hold or a skid steer we’re willing to come help,” Nixon said.
In addition to the new email Nixon says they’ll be holding a special event this Saturday at the Marshall county expo center.
“The red cross will be there to help fill out paper work and just different organizations that these people need to be in contact with to help this process along,” Nixon said.
That event is this Saturday starting at 10 am and going until 5 pm.
Copyright 2022 KXII. All rights reserved.
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https://www.kxii.com/2022/03/30/marshall-county-ems-introduces-new-tornado-cleanup-information-email/
| 2022-04-01T02:27:26Z
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Executive Producer Jessica Sarowitz meets with The Pontiff About the Film Focusing on the Legacy of Sister María Rosa Leggol
VATICAN CITY, April 8, 2022 /PRNewswire/ -- With This Light, directed by Nicole Bernardi-Reis and Laura Bermúdez, was screened at the Vatican for dignitaries and invited guests and also presented to Pope Francis at Vatican City. Jessica Sarowitz met with His Holiness to discuss the important legacy of the Miraflores Films documentary's subject, Sister María Rosa Leggol
The discussion with The Pontiff focused on the inspiring life's work of Sister María Rosa Leggol during her 70 years as a Franciscan nun, helping more than 87,000 Honduran children escape poverty and abuse. They also discussed the importance of making sure her story and impact is known beyond Honduras.
Invited guests to the private screening at the Augustinian Patristic Institute included international and local press, members of religious orders and Ambassadors to the Holy See from Honduras, Panama, Mexico, Cuba, El Salvador and Brazil, the Secretary General of the Italian Supreme Court of Cassation, amongst other dignitaries.
On behalf of the filmmaking team, Executive Producer Jessica Sarowitz said, "The early opportunity to screen With This Light to an audience with His Holiness was a privilege. One life can inspire and educate others, as Sister María Rosa has done for so many individuals in the Honduran community, and we are so grateful to be sharing her story with a wider audience."
The screening was in partnership with L'Osservatore Romano (Spanish edition), the Vatican's official newspaper, and the Honduran Embassy to the Holy See.
About Miraflores Films
Miraflores Films is a media company dedicated to amplifying the voices of inspiring women through quality documentary film, building space for those excluded from mainstream narratives to have their stories seen and heard. By sharing these untold stories of extraordinary lives and perseverance, Miraflores Films creates authentic connections with diverse audiences — empowering them with the tools to become actively engaged citizens. Miraflores' deliberate and dynamic distribution of projects inspires others to lead with compassion and be change-makers within their own communities.
MEDIA CONTACT:
Wolf Kasteler Public Relations
Omar Gonzales | omarg@wk-pr.com
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https://www.kxii.com/prnewswire/2022/04/08/executive-producer-documentary-with-this-light-meets-with-his-holiness-pope-francis/
| 2022-04-08T17:58:55Z
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(KTLA) – Officials are asking for the public’s help identifying a man with distinctive tattoos who has been hospitalized for three days at Los Angeles County+USC Medical Center.
The man has “LGS” tattooed on his right eyebrow, “Fuente” on his right cheek, “SNR” or possibly “SUR” across his chest, “El Mike” on his right arm and “Robin” on his right hand.
He is described as being between 55 and 60 years old, 6 feet tall, and weighing 144 pounds, officials said.
The mystery patient has a slim build, gray hair, a beard, a mustache and a receding hairline. His eyes were described as being brown or hazel.
No further details about the man have been released.
Anyone with information about the patient is asked to contact Cristol Perez, a licensed clinical social worker at the hospital.
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https://cw33.com/news/nexstar-media-wire/tattooed-mystery-man-has-been-hospitalized-for-3-days-in-la-officials-ask-for-help-iding-patient/
| 2022-09-14T18:12:52Z
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SYRACUSE, N.Y., June 22, 2022 /PRNewswire/ -- Community Bank System, Inc. (NYSE: CBU) invites you to participate in a conference call to discuss the Company's financial and operating performance during its second quarter ended June 30, 2022.
Mark E. Tryniski, President and Chief Executive Officer, and Joseph E. Sutaris, Executive Vice President and Chief Financial Officer, will provide an overview of second quarter 2022 results. They will be joined by Dimitar Karaivanov, Executive Vice President of Financial Services and Corporate Development, for the question and answer session. The management presentation typically lasts approximately 15 minutes, followed by investor questions and discussion.
The company's results for the quarter will be released before the market opens on July 25, 2022, and will also be available in the "Investor Relations" section of the company's website, www.cbna.com.
The call will also be archived on the company's website for one year, and can be accessed at any time and at no cost during this period.
About Community Bank System, Inc.
Community Bank System, Inc. operates over 220 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts through its banking subsidiary, Community Bank, N.A. With assets of over $15.6 billion, the DeWitt, N.Y. headquartered company is among the country's 125 largest banking institutions. In addition to a full range of retail, business, and municipal banking services, the Company offers comprehensive financial planning, insurance and wealth management services through its Community Bank Wealth Management Group and OneGroup NY, Inc. operating units. The Company's Benefit Plans Administrative Services, Inc. subsidiary is a leading provider of employee benefits administration, trust services, collective investment fund administration and actuarial consulting services to customers on a national scale. Community Bank System, Inc. is listed on the New York Stock Exchange and the Company's stock trades under the symbol CBU. For more information about Community Bank visit www.cbna.com or https://ir.communitybanksystem.com.
For further information contact:
Joseph Sutaris,
E.V.P. and Chief Financial Officer
(315) 445-7396
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https://www.kxii.com/prnewswire/2022/06/22/community-bank-system-announces-second-quarter-2022-earnings-conference-call/
| 2022-06-22T15:47:48Z
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BioViva's Patent-Pending Gene Therapies Delivered with a CMV Vector Extended Lifespans Over 40% and Improved Multiple Markers of Health
SEATTLE, May 19, 2022 /PRNewswire/ -- Age-related diseases account for approximately 70% of all deaths and annually cost the global economy trillions of dollars. BioViva's patent pending CMV vector delivered genes that increased life spans over 41% in a mouse model. Results were published in the Proceedings of the National Academy of Science (PNAS).
Elizabeth Parrish, CEO of BioViva stated, "the proprietary delivery method we are working with is the vector the industry has been waiting for. Its large capacity lets us target complex aging associated non-communicable diseases, such as dementia, heart disease, cancer, chronic kidney disease, and COPD at the level of the cell."
Two gene therapies were evaluated: telomerase reverse transcriptase and follistatin. Telomerase lengthens telomeres, which are associated with lifespan and health span. Follistatin blocks myostatin, which inhibits muscle growth, making it a promising way to slow or reverse age-related muscle loss (sarcopenia), combat frailty, and improve metabolic health.
Median lifespans in the treated groups were respectively lengthened by 41.4% and 32.5%. Treatment did not begin until the mice were 18 months old, equivalent to 56 human years.
These therapies significantly increased longevity, mitigated age-related hair loss, improved blood glucose tolerance, improved physical coordination, reduced sarcopenia, and reversed signs of mitochondrial dysfunction. BioViva's core technology is now the subject of a patent pending application that includes aspects of the fundamental recombinant viral vectors, novel applications, disease targets, and treatment methods.
The subjects did not just live longer, they remained healthier than the control subjects for a longer period. Treated groups showed better glucose control and were more physically fit.
CMV has low immunogenicity and can be engineered to carry multiple genes. Telomerase and follistatin in separate applications were safely delivered to a number of organs without unwanted side-effects.
The telomerase group did not show an increased risk of cancer. Intranasal administration was just as effective as injection. The potential advantage of intranasal delivery is the treatment of neurodegenerative diseases in a less invasive manner.
"These health extending gene therapies could revolutionize the way we age," Parrish added, "based on this research, there is a mandate to take this to human studies and we hope that stakeholders come together to help us get there."
As future gene therapies for longevity will need to carry larger payloads, CMV is promising. It lacks the constraints seen in the early years of gene therapy development and can deliver the genes into the nucleus that current non-viral delivery systems lack.
BioViva's research has furthered the science in aging and supports the Company's contention that the aging process is within our control. Targeting the aging process at the cellular level can tackle many diseases at once. As nations age around the world, the demand for such treatments will only rise.
BioViva USA Inc. is a gene therapy company whose mission is to refine and expand the understanding of the complex but tractable problem of biological aging. BioViva is committed to extending healthy lifespans by developing and refining therapeutics through research and development and offers biostatistical analysis for regenerative medicine studies.
Elizabeth Parrish holds an MBA and is the Founder and CEO of BioViva USA, Inc, a biotechnology company that has been at the forefront of longevity research since 2015. Parrish is a humanitarian, entrepreneur, medical pioneer, author, innovator, and a leading voice for genetic cures.
As a proponent of progress and education for the advancement of gene therapy, she serves as a motivational speaker to the public at large for the life sciences. She is a strong proponent of early access to advanced therapeutics for people with untreatable or terminal diseases.
Contact
BioViva USA Inc.
info@bioviva-science.com
https://bioviva-science.com/
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https://www.kxii.com/prnewswire/2022/05/19/bioviva-extends-healthy-lifespan-using-gene-therapy/
| 2022-05-19T12:34:09Z
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WARWICK, Australia, June 22, 2022 /PRNewswire/ -- The Kangaroo Industry Association of Australia (KIAA) is calling for designers of fashion, footwear, and apparel, together with industry which values high performance leather such as premium soccer boots and heavy-duty sports, to embrace kangaroo leather with the launch of a new U.S. social media campaign.
The peak body for the commercial kangaroo industry says the campaign – the first in its history – showcases one of the world's most beautiful, lightest, and strongest leathers, which importantly, is sourced sustainably and responsibly.
KIAA President Ray Borda said not only do people expect beautiful products, they're looking for exceptional performance.
"Kangaroo leather is unique as it has an ultra-thin fibre structure which provides greater strength and longevity. Today, with domestic and international certification schemes allowing consumers to determine whether the source of their leather is sustainable and ethical, it has become a natural choice for leading designers."
The commercial industry employs more than 3,000 people across Australia, predominantly from rural and remote areas, and supports local farmers. Commercial harvesting of kangaroos is widely considered by the scientific community, government, animal welfare experts, indigenous groups, and the agricultural industry as a responsible way to manage kangaroo numbers while boosting the economy.
Mr Borda continued: "All KIAA kangaroo leather is a by-product of the meat industry which would otherwise end up in landfill. Our priority is to use ethical and sustainable practices to turn a by-product into a valuable, premium product."
"This is a responsible approach in a circular economy – we're all being encouraged to make better choices and move away from fast, disposable consumer goods," said Mr Borda.
Australia has a national commercial code of practice for the humane treatment of kangaroos based on the latest scientific research into kangaroo behaviour and ecology. The industry must meet the code's high animal welfare standards set by animal welfare experts including The Royal Society for the Prevention of Cruelty to Animals (RSPCA), Australian Veterinary Association (AVA), state governments and regulators, the kangaroo industry and farmers.
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https://www.wibw.com/prnewswire/2022/06/22/new-campaign-celebrates-premium-australian-leather/
| 2022-06-22T11:11:00Z
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INDIANAPOLIS, April 11, 2022 /PRNewswire/ -- Biosynthetic® Technologies, LLC today announced that it will pitch at the upcoming 2022 NREL Industry Growth Forum April 13-14, 2022.
The U.S. Department of Energy's National Renewable Energy Laboratory (NREL) announced recently the list of 40 presenters for the 2022 NREL Industry Growth Forum (IGF). The selected companies represent a wide range of clean and sustainable technology startups from around the world. This is the 27th year of the event, which is set for April 13–14 at the Gaylord Rockies Resort and Convention Center in Denver, Colorado.
In its 27th year, the Industry Growth Forum (IGF) is the premier event for cleantech entrepreneurs, investors, and experts from industry and the public sector to build relationships, showcase innovative technologies, and identify disruptive business solutions. Mark Miller, CEO of Biosynthetic Technologies will pitch on the "Growth Stage" at this globally recognized conference.
"We are very proud to be one of the growth stage companies to present at this year's 2022 NREL Industry Growth Forum (IGF) in Denver, CO.", says Mark Miller, CEO Biosynthetic Technologies. "The market is in desperate need of sustainable and biobased base oils and additives that deliver superior performance in all conditions and applications. With manufacturers looking for more sustainable products that will facilitate their corporate carbon neutrality and other ES&G initiatives, the time has come for our patented Estolide Technology as alternatives to carbon intensive petroleum products.
The forum is a one-of-a-kind opportunity in the sustainable technologies space as the premier event for cleantech entrepreneurs, investors, and experts from industry and the public sector to build relationships, highlight innovative technologies, and identify disruptive business solutions. NREL facilitates connections between innovative startups and motivated investors to drive innovation to market for impact. For more information, including the agenda, participating companies, sponsors, and registration details, visit the NREL Industry Growth Forum website.
About Biosynthetic® Technologies LLC:
Biosynthetic® Technologies manufactures a revolutionary new class of biobased synthetic compounds called Estolides that are made from organic fatty acids found in various bio-derived oils. These highly functional biosynthetic oils have numerous uses in personal care. Biosynthetic Technologies strives to make their mark on the world by delivering innovations for a sustainable future. For more information about Biosynthetic™ Technologies, please visit www.biosynthetic.com and follow us on LinkedIn.
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https://www.wibw.com/prnewswire/2022/04/11/biosynthetic-technologies-will-pitch-2022-nrel-industry-growth-forum/
| 2022-04-11T15:33:48Z
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BROOKLYN, N.Y., June 16, 2022 /PRNewswire/ -- Voice, the digital art marketplace, today announces a new initiative to support our LGBTQIA+ community members, called Permanent Pride. The multifaceted program includes monthly collections produced by guest curators, an ongoing Residency program, and an event series.
The inaugural collection will be curated by Jaé Joseph, cultural producer and founder of The Black Apothecary Office, and will feature art by 12 members of the Voice community. Collections will be spotlighted on Voice's homepage and social media channels, as well as shared with Voice's VIP collector community.
"This is my fifth annual PRIDE celebration and initiative, and I am ecstatic to collaborate with Voice," said Joseph. "Pride month is about acceptance, equality, celebrating the work of LGBTQIA+ people, education in LGBTQIA+ history and raising awareness of issues affecting the LGBTQIA+ community. This is a beautiful way for people to come together in love and friendship and hold space for one another."
Custom art will be created exclusively for the Permanent Pride collection by Tood x Jaé Joseph, Evan Thompson, and Gia Love. Additional artists featured include: Meg Miko, Courtney Jensen, Davey Jones, Papi Juice, Chris Palm, Jasha Soyka, Semiotac, Kile J, Breanna Charles, Kate Anderson, and Emre Yıldırım.
Permanent Pride kicks off this month with a private dinner, co-hosted by Jaé Joseph and curator Valentine Uhovski, to celebrate the talent and creativity of the LGBTQIA+ community.
Each month thereafter, Voice will partner with additional curators to continue the momentum, featuring new members of the LGBTQIA+ community and supporting additional organizations, as selected by the community itself.
Simultaneously, applications will soon open for a recurring Permanent Pride Residency program to empower LGBTQIA+ artists in Web3. The Residency will provide resources, such as a stipend and marketing support, to help artists launch an NFT collection on Voice.
More information regarding the project will be announced in coming weeks.
Voice is an NFT platform that is carbon neutral, easy to use and multi-chain compatible. At Voice, we believe that NFT technology will change the internet by introducing verified ownership to our digital world. We're building a way for digital art to be collectible.
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https://www.kxii.com/prnewswire/2022/06/16/digital-art-marketplace-voice-launches-permanent-pride-initiative-celebrate-empower-lgbtqia-artists-web3/
| 2022-06-16T16:36:03Z
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Eastman's enhanced-sustainability fiber will be used in a limited run of shirts for the outdoor apparel retailer
KINGSPORT, Tenn., Sept. 15, 2022 /PRNewswire/ -- Eastman, maker of Naia™ Renew sustainable fibers and yarns, announces that it has collaborated with Patagonia® to offer a limited run of T-shirts made with Naia™ Renew ES — Eastman's latest fiber offering made with increased recycled content — for the outdoor apparel retailer's Workwear line.
Named for its enhanced sustainability, Naia™ Renew ES is made with 60% recycled content. Unlike other cellulose-based yarns and fibers, this option requires fewer virgin materials to make an environmentally friendly product. Naia™ Renew ES is made from a combination of molecularly recycled waste material (40%), recycled cellulose (20%) and renewable wood pulp (40%).
The 20% recycled cellulose comes from waste materials, textiles waste and non-forest-derived cellulose waste. This innovation is made possible through Eastman's continuous efforts to collaborate with eco-conscious partners throughout the value chain. For example, the Naia™ team has partnered with GP Cellulose, a pulp supplier with a focus on sustainability, to integrate renewable forest fibers and non-forest fiber solutions into its feedstock.
The remaining 40% recycled content* comes from Eastman's cutting-edge molecular recycling technology that breaks down hard-to-recycle waste materials like plastic packaging and old carpet into fundamental building blocks to produce the acetic acid used to make cellulose acetate yarn and fiber. This process not only produces fewer greenhouse gas emissions but also diverts waste materials from landfills, incinerators and other undesirable end-of-life destinations, finding new value for pre- and postconsumer waste that is not suitable for recycling by traditional means.
"Patagonia has always been a company that chooses its fibers carefully and responsibly," said Ruth Farrell, Eastman textiles general manager. "The collaboration we've enjoyed with Patagonia has been instrumental in developing materials that appeal to its customers — environmentally conscientious people who work and play hard. Patagonia customers want garments that reflect who they are and what they care about without compromise on comfort and quality."
Patagonia's Workwear line is a Fair Trade line of apparel made for people who work hard daily to make the planet a better place to live, perform and produce. It features durable, low-impact fibers with a lower carbon footprint. Learn more at www.patagonia.com/workwear.
Naia™ fibers and yarns are responsibly sourced from sustainably managed pine and eucalyptus forests. Eastman has aligned its entire forestry supply chain with Forest Stewardship Council® (FSC®) sourcing standards, including controlled wood procedures. Eastman holds FSC® (C140711) and PEFC™ Chain of Custody certifications, and all its suppliers hold internationally recognized forestry certifications as well. Furthermore, Eastman has partnered with Canopy to demonstrate its ongoing commitment to sustainable forestry management.
"Now more than ever, people want to know how and where our clothes are made, paying particular attention to what they're made from," Farrell said. "Naia™ Renew ES is our answer to the overconsumption of raw materials, a growing plastic waste problem, and rising greenhouse gases caused by deforestation. It's a future-focused fiber made with the next generations in mind — one that doesn't compromise on the quality of the garment or the health of our planet."
For more information on eco-conscious Naia™ and Eastman's Naia™ sustainability goals, visit https://naia.eastman.com/sustainability.
*Mass balance approach
About Eastman
Founded in 1920, Eastman is a global specialty materials company that produces a broad range of products found in items people use every day. With the purpose of enhancing the quality of life in a material way, Eastman works with customers to deliver innovative products and solutions while maintaining a commitment to safety and sustainability. The company's innovation-driven growth model takes advantage of world-class technology platforms, deep customer engagement, and differentiated application development to grow its leading positions in attractive end markets such as transportation, building and construction, and consumables. As a globally inclusive and diverse company, Eastman employs approximately 14,000 people around the world and serves customers in more than 100 countries. The company had 2021 revenues of approximately $10.5 billion and is headquartered in Kingsport, Tennessee, USA. For more information, visit eastman.com.
Media contact:
Tombras
Jacob Teetzmann
jteetzmann@tombras.com
+1 423.494.3673
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https://www.kxii.com/prnewswire/2022/09/15/patagonia-chooses-naia-renew-es-its-low-impact-line-work-tees/
| 2022-09-15T13:29:06Z
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Warhol portrait of Marilyn Monroe fetches a record $195 million
Oscar Holland, CNN
One of Andy Warhol’s iconic Marilyn Monroe portraits has become the most expensive 20th-century artwork ever to go under the hammer.
The 40-square-inch “Shot Sage Blue Marilyn,” one of dozens of images the artist made of Monroe in the 1960s, sold for a record $195 million at Christie’s in New York Monday evening.
Prior to the sale, Christie’s had described “Shot Sage Blue Marilyn” as “one of the rarest and most transcendent images in existence.” It has previously been shown at galleries including the Guggenheim Museum in New York, the Centre Pompidou in Paris and London’s Tate Modern.
The auction house had initially said it was expecting bids “in the region of” $200 million.
Warhol’s colorful reproductions of Monroe’s photo portrait — originally a publicity still from her 1953 movie “Niagara” — are among his most recognizable works, alongside his signature paintings of Campbell’s soup cans.
Using a technique called silkscreen printing, which duplicates images on paper or canvas using a layer of fine-mesh silk like a stencil, he began creating them in 1962, shortly after Monroe’s death. As with his depictions of other famous figures, including Elvis Presley and Chinese leader Mao Zedong, the Pop artist created numerous versions of Monroe’s portrait in various different colors and configurations.
Among the best-known is “Marilyn Diptych,” owned by British gallery group Tate, which saw Warhol print a grid of 50 portraits across two canvases. Elsewhere, the Museum of Modern Art’s “Gold Marilyn Monroe” features a single image printed against a gold background, while “Shot Marilyns” saw the artist shooting portraits of the star through the head with bullets.
In 1964, he developed a “more refined and time-intensive” new process that was “antithetical to the mass production he was best known for,” according to Christie’s. That year, he used it to create a limited number of portraits — a rare group of works to which “Shot Sage Blue Marilyn” belongs — before abandoning the technique.
While a handful of paintings are thought to have attracted price tags in excess of $200 million in private sales (including works by the Abstract Expressionist painters Willem de Kooning and Jackson Pollock), the feat has only once been achieved at auction — by Leonardo da Vinci’s “Salvator Mundi,” which in 2017 sold for over $450 million. The previous auction record for a 20th-century painting was the $179.4 million paid for Pablo Picasso’s “Les Femmes d’Alger (Version O)” in 2015.
The auction record for a Warhol work was previously held by “Silver Car Crash (Double Disaster),” which depicts the mangled aftermath of a road collision and sold for more than $105 million almost a decade ago. Several of the artist’s other Marilyn images have also attracted huge sum at auction in recent years, with 1962’s “White Marilyn” selling for $41 million in New York in 2014.
“Shot Sage Blue Marilyn,” meanwhile, was owned by a succession of high-profile gallerists and collectors before being purchased by the late Swiss art dealer Thomas Ammann. The portrait was offered for auction by the Thomas and Doris Ammann Foundation Zurich, the charitable organization set up in his (and his sister’s) name, which will use the proceeds to fund health and education programs for children worldwide, according to a press release.
In a press statement prior to the sale, Christie’s chairman of 20th and 21st century art, Alex Rotter, described the work as “the absolute pinnacle of American Pop” and “the most significant 20th century painting to come to auction in a generation.”
“Standing alongside Botticelli’s ‘Birth of Venus,’ Da Vinci’s ‘Mona Lisa’ and Picasso’s ‘Les Demoiselles d’Avignon,’ Warhol’s ‘Marilyn’ is categorically one of the greatest paintings of all time,” he added.
The artwork was one of four Warhols in the Ammanns’ collection on sale at Monday evening’s auction. One of his famous “Flowers” silkscreen paintings went for $15.8 million, and “GE/Skull,” which he created in collaboration with the late Jean-Michel Basquiat, fetched over $4.6 million. Warhol’s sculpture “Heinz Tomato Ketchup Box” meanwhile sold for more than $478,000.
Elsewhere, works by Robert Ryman, Alberto Giacometti and Lucian Freud also went under the hammer. Two of the biggest sellers were paintings by American artist Cy Twombly, “Untitled” and “Venere Sopra Gaeta,” which fetched $21 million and almost $17 million respectively.
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| 2022-05-10T02:12:01Z
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SAN FRANCISCO, Sept. 7, 2022 /PRNewswire/ -- Golden Gate Global (GGG) is excited to announce that the EB-5 investors can now file their I-526E petitions for GGG's current investment opportunity, Brooklyn Basin Phase 2.
GGG's successful litigation together with other leading regional center operators against the United States Citizenship and Immigration Services (USCIS) and Department of Homeland Security (DHS) resulted in a favorable settlement agreement, which was approved by Judge Chhabria on September 1, 2022. The settlement agreement clarifies the I-956F receipt requirement and thus allowing EB-5 investors to file their I-526E petitions in the Brooklyn Basin Phase 2 EB-5 project effective immediately.
Brooklyn Basin Phase 2 is the first of GGG's new investment opportunities in California. The project is located in a TEA (Targeted Employment Area), thereby qualifying those that subscribe eligible for set-aside visas under the renewed regional center program. The EB-5 Reform and Integrity Act of 2022 allows concurrent filing of Form I-526E and Form I-485, in effect making a conditional EB-5 visa benefits immediately available for those whose who are already in the United States on another visa and whose country is current (i.e., not backlogged) on the visa bulletin.
The Brooklyn Basin Phase 2 EB-5 project represents Signature Development Group's most recent multifamily developments in Brooklyn Basin following the great success of the Orion which included 241 apartment units and was completed in August 2019.
This is the 13th EB-5 fund offered by Golden Gate Global. GGG has maintained a perfect track record of project approvals and has raised $650 million in EB-5 funds.
This is great news for investors that were waiting for Golden Gate Global's offering to be able to file their I-526E petitions. GGG has a global team to assist investors in Chinese, Hindi, Japanese, Korean, Portuguese, Spanish, Turkish, and Vietnamese.
Golden Gate Global is an award-winning regional center operator headquartered in San Francisco, California. Established in 2011, Golden Gate Global has been offering EB-5 visa opportunities through institutional quality real estate projects with partners such as Lennar Corporation, JMA Ventures, Sacramento Kings, and Signature Development Group to EB-5 investors from all over the world. Golden Gate Global enjoys a 100% USCIS project approval rate and has been successful servicing over 1,300 EB-5 investors.
For more information: +1 (415) 986-8888 / info@3gfund.com / www.3gfund.com
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https://www.wibw.com/prnewswire/2022/09/08/golden-gate-global-project-brooklyn-basin-phase-2-is-now-available-investment/
| 2022-09-08T01:51:46Z
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DALLAS, Aug. 30, 2022 /PRNewswire/ -- ACE Cash Express (ACE), a Populus Financial Group brand, raised $9,694 in its Northern California stores for the American Red Cross during its annual fundraising event, the Give A Little Campaign. The money raised will support disaster relief, blood drives and provide assistance to active military, veterans, and their families.
Recently, the McKinney Wildfire burned more than 60,000 acres in Northern California in just a few days. The fire forced thousands of people from their homes and burned more than 100 structures. Red Cross disaster workers provided comfort and care to affected residents. They offered those in need a safe place to stay, food to eat and replaced prescription medications, eyeglasses, and critical medical equipment, like canes and wheelchairs, that were left behind in the rush to get to safety.
"Serving the communities where we live and work is one of our Key Principles," said Eric Norrington, Senior Vice President of Public Affairs for Populus Financial Group. "We're proud to support the American Red Cross as they continue to help people recover from the damages inflicted by the McKinney Wildfire."
The American Red Cross is always there in times of need, turning compassion into action by helping those affected by disaster. Red Crossers help ensure individuals and communities are prepared for disasters and emergencies through direct action and training.
"The American Red Cross is always ready to provide care, shelter and hope after an emergency," said Diane Stephenson, Senior Regional Philanthropy Officer, American Red Cross North Texas Region. "Our mission is possible thanks to dedicated volunteers and the generous support of partners like ACE Cash Express."
Nationally, the 2022 Give A Little Campaign raised more than $164,000 for local chapters of charities across the country including AdoptAClassroom.org, Alex's Lemonade Stand Foundation, American Red Cross, Autism Speaks, Back on My Feet, Feed My Starving Children, Feeding America's Local Food Banks and Homes For Our Troops. This fundraiser is a part of the ACE Community Fund, ACE's charitable-giving program, which has donated more than $16 million since its inception in 2004 to organizations in communities where ACE operates.
About Populus Financial Group
Populus Financial Group™ provides financial services through its family of brands including ACE Cash Express®, ACE Elite® Visa® Prepaid Debit Card, Flare Account® and Porte™. Populus Financial Group delivers a broad range of financial products and services including short-term consumer loans, card services, check cashing, money transfers, bill payments and money orders. Visit PopulusFinancial.com for more information.
About American Red Cross
The American Red Cross shelters, feeds and provides comfort to victims of disasters; supplies about 40% of the nation's blood; teaches skills that save lives; distributes international humanitarian aid; and supports veterans, military members and their families. The Red Cross is a nonprofit organization that depends on volunteers and the generosity of the American public to deliver its mission. For more information, please visit redcross.org or visit them on Twitter at @RedCross.
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| 2022-08-30T17:22:26Z
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Global digital assets investment leader works diligently to address potential hard fork for funds with ETH exposure
TORONTO, Sept. 14, 2022 /PRNewswire/ -- 3iQ Digital Asset Management (3iQ), a leading global digital asset investment fund manager, today announced it is taking proactive measures for its investors with the possibility of at least one hard fork of the Ethereum protocol which may result in one or more new tokens.
3iQ, led by its industry-leading independent research and digital assets portfolio management, is monitoring these potential developments and remains in close consultation with other market participants and its service partners on all aspects of the Merge including the potential hard forking of Ethereum blockchain. 3iQ offers a number of investment strategies with ETH exposure including the 3iQ CoinShares Ether ETF (TSX: ETHQ) and the Ether Fund (TSX: QETH), which became North America's first spot Ether exchange-traded product (ETP) when it launched in December 2020.
Ethereum's proof-of-work (PoW) Mainnet merge with the Beacon Chain proof-of-stake (PoS) system may potentially lead Ethereum miners to pursue two different pathways. The first would be to find a new PoW blockchain that supports their existing mining hardware. The second pathway would be to reject the upgrade and continue to mine Ethereum under its previous PoW consensus mechanism by creating a new blockchain. If miners were to pursue this second pathway, a chain split is expected to occur that would spawn a variant of the post-Merge Ethereum PoS blockchain. Such new versions of Ethereum would continue operating on a PoW consensus mechanism. Assuming only one hard fork for illustrative purposes, the result would be two separate blockchain networks with two different native tokens: Ethereum (ETH) and an EthereumPoW token.
With the Merge and potential hard fork, 3iQ has no intention to halt trading of QETH and ETHQ and additional products with ETH exposure like the 3iQ Global Cryptoasset Fund. ETHQ will remain open for daily creations and redemptions as normal course of business, just as it has during every trading day since the ETF's inception.
"3iQ will always put our investors and shareholders' best interests first," said Fred Pye, Chairman and CEO of 3iQ. "Our best-in-class team will continue to evaluate all aspects of the Merge and potential hard forking of Ethereum blockchain. We will regularly update investors and continue to examine all possible avenues to maximize unitholder accretion while maintaining our Funds' investment objectives."
3iQ has plans in place to price the value of potential forked assets – if any – in line with fund value principles. And in the event of any hard forking, 3iQ would plan to keep such PoW assets in their funds in the short-term while continuously reevaluating and updating investors as more information becomes available.
For more information around the Merge and potential hard forking of Ethereum blockchain, read 3iQ's research pieces "The Merge," "What the Fork?" and "Show Time." To learn more about 3iQ's digital asset offerings, visit www.3iQ.ca.
Founded in 2012, 3iQ Corp. (3iQ) is Canada's leading digital asset investment fund manager with more than C$700 million in assets under management. 3iQ was the first Canadian investment fund manager to offer a public bitcoin investment fund, The Bitcoin Fund (TSX: QBTC) (TSX: QBTC.U), and a public ether investment fund, The Ether Fund (TSX: QETH.UN)(TSX: QETH.U). More recently, 3iQ launched the 3iQ CoinShares Bitcoin ETF (TSX: BTCQ) (TSX: BTCQ.U) and the 3iQ CoinShares Ether ETF (TSX: ETHQ) (TSX: ETHQ.U). 3iQ offers investors convenient and familiar investment products to gain exposure to digital assets.
Not for distribution to Australia newswire services or for dissemination in Australia.
This announcement and the information contained herein is restricted and is not for release, publication or distribution, in whole or in part, directly or indirectly in, or into or from the Australia or any other jurisdiction in which the same would be unlawful.
You will usually pay brokerage fees to your dealer if you purchase or sell units of the ETF on a stock exchange or other alternative Canadian trading system (an "exchange"). If units of the ETF are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them.
There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the ETF in its public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and anticipated events or results and may include statements regarding the future financial performance of the funds managed by 3iQ. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.
Contacts
3iQ:
Ryan Graham, JConnelly
862-777-4274
rgraham@jconnelly.com
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| 2022-09-14T13:23:40Z
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NEW YORK (AP) — Yankees ace Gerrit Cole lost a perfect game bid with two outs in the seventh inning against the Detroit Tigers a night after teammate Jameson Taillon lost a try in the eighth.
Cole was cruising until Jonathan Schoop placed a grounder perfectly up the middle for a clean single. The ball skipped just past diving second baseman DJ LeMahieu, who had just made a sliding, backhand stop against Harold Castro.
Cole entered the seventh with eight strikeouts on 86 pitches, half of them looking.
Taillon lost a perfect game in the eighth inning Thursday against the Los Angeles Angels. Jared Walsh spoiled Taillon’s effort with a leadoff double that deflected off the glove of sliding shortstop Isiah Kiner-Falefa.
There have been 23 perfect games in major league history, including two before 1900. The most recent was thrown by Félix Hernández for the Seattle Mariners against Tampa Bay on Aug. 15, 2012 — the last of three that season.
Cole was been up to 100 mph with his fastball and supplemented it with sliders, curveballs, cutters and changeups. The 31-year-old — signed to a $324 million, nine-year deal prior to the 2020 season — has never thrown a no-hitter.
Willi Castro began the game with a routine fly to right off Cole measured at 87.3 mph, and that remained the hardest-hit ball for hapless Detroit until Harold Castro’s groundout in the seventh.
Despite featuring Miguel Cabrera, Javier Báez and Spencer Torkelson, the Tigers entered Friday averaging 2.86 runs per game, fewest in the majors since the 1968 Chicago White Sox.
In fact, the best contact early for the Tigers might’ve come when Jeimer Candelario bowled into Cole after a groundout to end the second inning. Cole covered the bag on Candelario’s roller to first, and Candelario clipped Cole’s right shoulder as he ran past. Cole’s hat was knocked off, and he appeared annoyed as he picked it up from the dirt.
Aaron Judge, Jose Trevino, Anthony Rizzo and Matt Carpenter each homered for New York on Friday against rookie starter Elvin Rodriguez, charged with 10 runs in his third big league start. The Yankees led 12-0 after 6 1/2 innings.
Cole is the eighth consecutive Yankees starter to cover at least six innings, the best stretch for the franchise since a nine-game streak in 2016.
There have been two no-hitters in the majors this season. The Angels’ Reid Detmers did it against the Tampa Bay Rays on May 10, and five New York Mets pitchers combined for one April 29 against the Philadelphia Phillies.
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More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/yanks-cole-perfect-thru-6-ip-a-night-after-taillons-bid/
| 2022-06-04T13:42:13Z
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Schools in Alabama county end prayer over PA system at football games
JEFFERSON COUNTY, Ala. (WBRC/Gray News) - Prayers will no longer be said over loudspeakers before football games this fall for at least two Alabama high schools.
The Freedom From Religion Foundation says it received complaints last fall about the prayers over the PA system, WBRC reported. The organization sent a letter to Jefferson County schools, saying that prayers before the games, including Gardendale High School and Pinson Valley, are inappropriate and unconstitutional.
The organization says the Supreme Court has struck down school-sponsored prayer in public schools.
Freedom From Religion Foundation said it received word from the school district’s attorney that after the superintendent met with principals, the administration will not allow prayers at school-sponsored events.
A staff attorney for the organization says its purpose it to protect the separation of church and state.
“There are people affected by this. I think some people treat it as, ‘Oh, they just don’t want to hear prayer. They don’t like that Christians exist.’ It has nothing to do with that. It truly is just that public schools are a neutral place. They should be neutral with regard to religion,” said Chris Line with Freedom From Religion Foundation.
Jefferson County Schools Superintendent Dr. Walter B. Gonsoulin Jr. and the board of education issued a statement that the complaint was resolved at the school level and not as a result of board action or policy.
“That resolution was based on the board’s legal obligations that have been established by binding court precedent,” Gonsoulin stated. “However, the board’s adherence to those rulings should not be understood as a rejection of students’ religious rights and liberties in the school setting. The Jefferson County Board of Education remains firmly committed to respecting and protecting those rights and liberties in every way permitted by the Constitution and laws of the United States.”
Copyright 2022 WBRC via Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/04/06/schools-alabama-county-end-prayer-over-pa-system-football-games/
| 2022-04-06T15:37:27Z
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TULSA, Okla., Sept. 12, 2022 /PRNewswire/ -- Janet L. Hogan has joined ONEOK, Inc. (NYSE: OKE) as senior vice president, chief human resources officer, reporting to Pierce H. Norton II, president and chief executive officer of ONEOK.
Before joining ONEOK, Hogan was senior vice president, human resources, for Hormel Foods, a global, branded food company with 20,000 employees worldwide. In this role, Hogan led all strategies and initiatives for talent development, employee engagement and total employee rewards.
With more than 25 years of human resources expertise, Hogan has specialized in collaborating with leaders to cultivate and sustain high-performance workplaces while creating inclusive and diverse, great-place-to-work environments. Her experience spans developing teams across broad industry sectors including agriculture, food and specialty truck manufacturing.
"Janet brings to ONEOK great expertise in the creation and sustainment of inclusive and diverse workplaces that drive business performance," said Norton. "Her experience spans developing teams across broad industry sectors including agriculture, food and specialty truck manufacturing."
Hogan will be based in Tulsa, Oklahoma. She earned her bachelor's and master's degrees in mathematics from Southern Illinois University.
ONEOK, Inc. (pronounced ONE-OAK) (NYSE: OKE) is a leading midstream service provider and owner of one of the nation's premier natural gas liquids (NGL) systems, connecting NGL supply in the Rocky Mountain, Mid-Continent and Permian regions with key market centers and an extensive network of natural gas gathering, processing, storage and transportation assets.
ONEOK is a FORTUNE 500 company and is included in the S&P 500.
For the latest news about ONEOK, find us at www.oneok.com or on LinkedIn, Facebook, Twitter and Instagram
Analyst Contact: Megan Patterson, 918-561-5325
Media Contact: Megan Washbourne, 918-588-7572
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https://www.kxii.com/prnewswire/2022/09/12/janet-l-hogan-joins-oneok-senior-vice-president-chief-human-resources-officer/
| 2022-09-12T21:23:39Z
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AMC re-releases ‘Grease’ in tribute to Olivia Newton-John
Published: Aug. 19, 2022 at 12:18 PM CDT|Updated: 31 minutes ago
(CNN) - Following Olivia Newton-John’s death earlier this month, AMC Theaters is re-releasing the classic film “Grease,” in which she starred with John Travolta.
This weekend, 135 theaters will show the 1978 film adaptation of the musical, with tickets costing just $5, and $1 from each ticket will go to breast cancer research.
Newton-John died Aug. 8 after several bouts with cancers over the years.
Copyright 2022 CNN Newsource. All rights reserved.
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https://www.kxii.com/2022/08/19/amc-re-releases-grease-tribute-olivia-newton-john/
| 2022-08-19T17:50:06Z
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Did you lose money on investments in Oscar Health? If so, please visit Oscar Health, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, May 13, 2022 /PRNewswire/ -- Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired the common stock of Oscar Health, Inc. ("Oscar" or the "Company") (NYSE: OSCR) pursuant to and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's March 2021 initial public offering ("IPO" or the "Offering"). The lawsuit was filed in the United States District Court for the Southern District of New York and alleges violations of the Securities Exchange Act of 1933.
Oscar is a health insurance company that claimed to be the first such company "built around a full stack technology platform" which will "allow [Oscar] to continue to innovate like a technology company and not a traditional insurer."
In March 2021, Oscar conducted its IPO, selling 36,391,946 shares of Class A common stock at a price of $39.00 per share. The Company received net proceeds of approximately $1.3 billion from the Offering which were purportedly to be used to repay in full outstanding borrowings, including fees and expenses, under Oscar's Term Loan Facility ($167 million), and the remainder proceeds were to be used for general corporate purposes.
Plaintiff alleges that Defendants' statements in the Registration Statement were materially false and misleading when made because: (1) Oscar was experiencing growing COVID-19 testing and treatment costs; (2) Oscar was experiencing growing net COVID costs; (3) Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation (RADV) result relating to 2019 and 2020; and (4) Oscar was on track to be negatively impacted by significant SEP membership growth.
On August 12, 2021, Oscar disclosed that the Company's Medical Loss Ratio ("MLR") for the second quarter of 2021 was 82.4%, an increase of 2170 basis points year-over year. The Company claimed that "[t]he MLR increased to 82.4% in 2Q21 from 60.7% in 2Q20, primarily driven by meaningfully lower utilization in 2Q20 as a result of COVID-19, as well as higher COVID-19 testing and treatment costs and a return to more normalized utilization in 2Q21." The Company also disclosed that its net loss for the quarter was $73.1 million, an increase of $32.1 million year-over-year.
On November 10, 2021, Oscar disclosed that its third quarter 2021 MLR increased 920 basis points year-over-year, to 99.7%. The Company claimed that the MLR increase was "primarily driven by higher net COVID costs as compared to the net benefit in 3Q20, an unfavorable prior year Risk Adjustment Data Validation (RADV) result, and the impact of significant SEP membership growth." The Company also disclosed that its net loss for the quarter was $212.7 million, an increase of $133.6 million year-over-year.
Since the IPO, the price of Oscar Health's stock has fallen over 85%, closing as low as $5.72 per share on May 12, 2022.
If you wish to serve as lead plaintiff, you must move the Court no later than July 11, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased or otherwise acquired OSCR common stock, and/or would like to discuss your legal rights and options please visit Oscar Health, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
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https://www.mysuncoast.com/prnewswire/2022/05/13/oscar-health-inc-nyse-oscr-shareholder-class-action-alert-bernstein-liebhard-llp-announces-that-securities-class-action-lawsuit-has-been-filed-against-oscar-health-inc-nyse-oscr/
| 2022-05-13T18:39:14Z
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London-based Emerging Markets Investment Bank Strengthens its Board of Directors with Key INED Appointments
LONDON , July 7, 2022 /PRNewswire/ -- BancTrust & Co. Investment Bank ("BancTrust" or the "Company"), a leading global emerging markets investment bank, is pleased to announce the appointments of Mr. Andrew W. Martin and Mr. Daniel J. Marx as Independent Non-Executive Directors ("INEDs") to the Company's Board of Directors (the "Board").
These key appointments expand the total number of Board INEDs to four, who now outnumber the Executive Directors on the Board by a factor of two to one.
Mr. Martin is a seasoned banker with over 40 years' experience in banking within the UK regulatory environment with a specific focus on emerging markets. He is a Chartered Accountant with an in-depth knowledge of finance, governance, operations, and risk management. Throughout his career he has successfully been involved in several variation of permissions for regulated firms, including new bank authorisations, and has held Chief Executive Officer positions for several UK-based emerging market banks. He is now a consultant advising on UK regulatory matters and bank operational re-engineering. The Company will also be appointing Mr. Martin as interim Chair of the Board Audit Committee and subject to the requisite regulatory approvals, expects to appoint him as Chairman of the Board. "I am pleased and honoured to join the BancTrust Board as Chairman. I believe the firm has identified a niche within its chosen markets with exciting potential for the future.", stated Mr. Martin.
Mr. Marx is an experienced C-suite banking executive with extensive international and emerging market exposure. He most recently served as Executive Director-Risk Management and Compliance and Interim CEO at the UK subsidiary of an emerging market bank. Prior to that he headed the front office activities of a UK foreign bank. He has extensive experience in the implementation of governance, risk and compliance frameworks within the UK regulatory environment. He currently serves as an INED for an African continent based retail and commercial bank, chairing its Board ALCO Committee and is a member of its Board Audit Committee. BancTrust will also be appointing Mr. Marx as Chair of the Risk Committee subject to regulatory approvals. "I am delighted to be joining the BancTrust team and look forward to contributing positively to the further development of the Company.", stated Mr. Marx.
"We are excited to welcome both Andrew and Danie to our Board.", said Carlos Fuenmayor, Chief Executive at BancTrust. "As the Company continues to evolve, these appointments reflect our commitment to ensure our Board has the right mix of skills and experience to achieve our strategic goals."
BancTrust & Co. Investment Bank is a leading London-based global emerging markets investment bank that offers corporate and investment banking, securities dealing and financing, investment research products and services to a diversified client base mainly comprised of emerging and frontier markets-based corporations, financial institutions, governments, and dedicated global EM asset managers.
For more information, please visit https://banctrust.com and follow us on Twitter at [twitter.com/BancTrustCo]
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| 2022-07-07T07:43:58Z
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LOS ANGELES, July 21, 2022 /PRNewswire/ -- When it comes to outdoor trips, the first thing that comes to mind is Van life. Van life is a social movement of nomadic people who reject the way we are "told" to live and reappraise the really meaningful things in life. Van life represents freedom, travel, adventure, or minimalism. It starts a new lifestyle to allow people to live in harmony.
Waterdrop advocates healthy water drinking and is committed to creating a simple and environment-friendly lifestyle, and its outdoor water purification series will guard the safety of domestic water in your RV. Its specially designed RV water filter can be installed between your RV and a water faucet or hose on the campsite, and the inline water filter for RV can be rapidly installed within 5 minutes. With NSF-certified multi-stage filtration, the trailer water filter sufficiently meets multiple water purification demands for drinking, washing, bathing, and the like in your RV. Besides, the filter is provided with a 360° flexible hose and can flexibly rotate without any pressure.
Traveling in a van is a great way to see new places – all while bringing your house with you and continuing to work and live your life. Living in a van, you can change your plans at any time. When you find a place that you particularly like, you may want to stay longer. Then, Waterdrop Kingtank series are a better choice. The Waterdrop gravity-fed water filter system includes an upper chamber and a lower chamber, and the two chambers can be nested together, thereby saving more space. Its 2.25-gallon high capacity can meet water demands of multiple persons. Its visible water-level spigot allows you to observe the water level in real time and can remind you of filling it with water timely. The four filters installed inside can efficiently remove residual chlorine, fluoride, and other heavy metals in water.
Van life allows you to spend more time with your favorite hobbies based on your lifestyle. If you want to spend more time hiking, rock climbing or skiing, our Waterdrop gravity water filter straw will be a better choice. This set of gravity water filter straw includes a water straw, a big bag, and a pouch, which is an exclusive water purification combination created for outdoor activities. The large-capacity water bag can hold up to 1.5 gallons of water at a time, which is about 11 bottles of 500 ml bottled purified water, and can meet the all-day demand for outdoor water drinking. The gravity water filter straw can be connected with water bags or water bottles to filter water for drinking. Both ends of the straw can be disassembled and connected with the water bags and the water bottles to offer you clean drinking water anytime, anywhere.
Van Life is not just about vacation, but another lifestyle, while Waterdrop outdoor series products just share the same life concept to go after freedom, adventure or healthy minimalism.
Please click here to find more information about Waterdrop outdoor water purification series.
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SOURCE Waterdrop
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https://www.kxii.com/prnewswire/2022/07/21/waterdrop-outdoor-water-purification-series-all-round-care-safety-water-drinking-during-outdoor-trip-or-camping/
| 2022-07-21T17:28:34Z
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CANONSBURG, Pa., July 12, 2022 /PRNewswire/ -- CONSOL Energy has been nationally recognized for its transparency in communicating about corporate social responsibility (CSR).
The company is a finalist in Ragan's CSR & Diversity Awards for its Environmental, Social and Governance (ESG) campaign for "Trust and Transparency in Communications."
"There are preconceived notions about our industry, and they couldn't be more wrong. To be recognized for the transparency and trustworthiness of our Environmental and Social Governance messaging is an honor. Our commitment to reimagining this industry has been at the forefront of our corporate strategy and communications," said Jimmy Brock, president and CEO of CONSOL Energy. "Now, more than ever, we are focused on sustainably leading the transformation of a mature industry that still holds high potential to benefit society going forward."
Ragan Communications, a leading voice in internal and external organizational communications for more than 50 years, honors communications professionals and campaigns that have a commitment to improving their communities in the annual CSR & Diversity Awards. The awards recognize companies across the country that use communications efforts to keep employees involved and engaged and take the charge on diversity, organizational transparency and social good.
CONSOL is being honored for a body of work including its employee communications video deployed during the annual fire safety training, the educational and community outreach work of its philanthropic arm, the CONSOL Cares Foundation, and its social media campaigns focusing on the company's ESG goals and partnerships, positive environmental impacts, ethical goals and human rights policy.
CONSOL will be among dozens of elite companies across the nation recognized at a special event on July 14 at the Yale Club in New York City. Ragan will announce the category winner at that time.
For more information on CONSOL Energy, visit www.consolenergy.com.
CONTACT: Erica Fisher: EricaFisher@consolenergy.com
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SOURCE CONSOL Energy
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https://www.kxii.com/prnewswire/2022/07/12/consol-energy-named-finalist-ragan-csr-amp-diversity-awards/
| 2022-07-12T20:17:10Z
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NEW YORK, June 24, 2022 /PRNewswire/ --InvestorsObserver issues critical PriceWatch Alerts for LI, GNUS, BZ, ETON, and XPEV.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- LI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=LI&prnumber=062420221
- GNUS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=GNUS&prnumber=062420221
- BZ: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BZ&prnumber=062420221
- ETON: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ETON&prnumber=062420221
- XPEV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=XPEV&prnumber=062420221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver
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https://www.kxii.com/prnewswire/2022/06/24/thinking-about-buying-stock-li-auto-genius-brands-kanzhun-eton-pharmaceuticals-or-xpeng/
| 2022-06-24T15:03:01Z
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The specialty retailer expands New Mexico footprint, bringing its signature next-day white glove delivery and array of financing options to local customers
HOUSTON, June 23, 2022 /PRNewswire/ -- Conn's HomePlus (NASDAQ: CONN) is expanding in New Mexico with the opening of a new 40,000 square foot retail location in the Santa Fe Place Mall at 4350 Cerillos Road in Santa Fe. A grand opening celebration is scheduled for Saturday, June 25, 2022, featuring food trucks and special promotions, including coupons and free prizes for guests.
Conn's HomePlus, based in The Woodlands, Texas, offers a wide selection of home goods, including furniture, appliances, and consumer electronics, from national brands such as G.E., Samsung, LG and more. Conn's offers white-glove, next day delivery service on all in-stock items so customers don't have to wait to enjoy their purchase. Through a personalized selection of payment options, including flexible in-house financing, Conn's strives to help all customers create a home they love.
Customers shopping at any of the five Conn's HomePlus stores in New Mexico can also expect store promotions through August, including next-day delivery on all major appliance purchases, TV purchases over $999, all mattress purchases over $999, all major fitness equipment purchases over $999 and select furniture purchases.
"We're excited to grow our presence in New Mexico and introduce our wide selection of home products to customers in the Santa Fe area who are looking to turn their home life to home love," said Chandra Holt, President and CEO of Conn's HomePlus. "We believe customers here will appreciate our next-day delivery service, and their ability to choose the payment option that works best for them."
Conn's HomePlus has over 160 locations across 15 states. For more information on Conn's HomePlus, please visit http://www.conns.com.
Conn's HomePlus (NASDAQ: CONN) is a specialty retailer of home goods, including furniture, appliances and consumer electronics, with a mission to elevate home life to home love. With more than 160 stores across 15 states and online at Conns.com, our over 4,000 employees strive to help all customers create a home they love through access to high-quality products, next-day delivery and personalized payment options, including our flexible, in-house credit program. Additional information can be found by visiting our investor relations website at https://ir.conns.com and social channels (@connshomeplus on Twitter, Instagram, Facebook and LinkedIn).
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SOURCE Conn's HomePlus
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https://www.kxii.com/prnewswire/2022/06/23/conns-homeplus-announces-new-store-santa-fe/
| 2022-06-23T17:40:40Z
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Film academy apologizes to Sacheen Littlefeather for 1973 Oscars
NEW YORK (AP) — Nearly 50 years after Sacheen Littlefeather stood on the Academy Awards stage on behalf of Marlon Brando to speak about the depiction of Native Americans in Hollywood films, the Academy of Motion Picture Arts and Sciences apologized to her for the abuse she endured.
The Academy Museum of Motion Pictures on Monday said that it will host Littlefeather, now 75, for an evening of “conversation, healing and celebration” on Sept. 17.
When Brando won best actor for “The Godfather,” Littlefeather, wearing buckskin dress and moccasins, took the stage, becoming the first Native American woman ever to do so at the Academy Awards. In a 60-second speech, she explained that Brando could not accept the award due to “the treatment of American Indians today by the film industry.”
Some in the audience booed her. John Wayne, who was backstage at the time, was reportedly furious. The 1973 Oscars were held during the American Indian Movement’s two-month occupation of Wounded Knee in South Dakota. In the years since, Littlefeather has said she’s been mocked, discriminated against and personally attacked for her brief Academy Awards appearance.
In making the announcement, the Academy Museum shared a letter sent June 18 to Littlefeather by David Rubin, academy president, about the iconic Oscar moment. Rubin called Littlefeather’s speech “a powerful statement that continues to remind us of the necessity of respect and the importance of human dignity.”
“The abuse you endured because of this statement was unwarranted and unjustified,” wrote Rubin. “The emotional burden you have lived through and the cost to your own career in our industry are irreparable. For too long the courage you showed has been unacknowledged. For this, we offer both our deepest apologies and our sincere admiration.”
Littlefeather, in a statement, said it is “profoundly heartening to see how much has changed since I did not accept the Academy Award 50 years ago.”
“Regarding the Academy’s apology to me, we Indians are very patient people — it’s only been 50 years!” said Littlefeather. “We need to keep our sense of humor about this at all times. It’s our method of survival.”
At the Academy Museum event in Los Angeles, Littlefeather will sit for a conversation with producer Bird Runningwater, co-chair of the academy’s Indigenous Alliance.
In a podcast earlier this year with Jacqueline Stewart, a film scholar and director of the Academy Museum, Littlefeather reflected on what compelled her to speak out in 1973.
“I felt that there should be Native people, Black people, Asian people, Chicano people — I felt there should be an inclusion of everyone,” said Littlefeather. “A rainbow of people that should be involved in creating their own image.”
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/08/15/film-academy-apologizes-sacheen-littlefeather-1973-oscars/
| 2022-08-15T20:27:13Z
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WASHINGTON, June 16, 2022 /PRNewswire/ -- NASA will fly two astronaut test pilots aboard the agency's Boeing Crew Flight Test (CFT) mission to the International Space Station, where they will live and work off the Earth for about two weeks.
CFT commander Barry "Butch" Wilmore, whom NASA assigned to the prime crew in October 2020, will join NASA astronaut Suni Williams, who will serve as pilot. Williams previously served as the backup test pilot for CFT while assigned as commander of NASA's Boeing Starliner-1 mission, Starliner's first post-certification mission. As CFT pilot, Williams takes the place of NASA astronaut Nicole Mann, originally assigned to the mission in 2018. NASA reassigned Mann to the agency's SpaceX Crew-5 mission in 2021.
Based upon current space station resources and scheduling needs, a short duration mission with two astronaut test pilots is sufficient to meet all NASA and Boeing test objectives for CFT, which include demonstrating Starliner's ability to safely fly operational crewed missions to and from the space station. To protect against unforeseen events with crew transportation to the station, NASA may extend the CFT docked duration up to six months and add an additional astronaut later, if needed.
NASA astronaut Mike Fincke, whom the agency previously assigned as the Joint Operations Commander for CFT, will now train as the backup spacecraft test pilot and remains eligible for assignment to a future mission. Fincke's unique expertise will continue to benefit the team as he retains his position as flight test lead, filling a vital role in Starliner certification.
"Mike Fincke has dedicated the last nine years of his career to these first Boeing missions and Suni the last seven. Butch has done a marvelous job leading the team as the spacecraft commander since 2020," said Reid Wiseman, chief, Astronaut Office at NASA's Johnson Space Center in Houston. "It was great to see Starliner's successful journey to the International Space Station during the Orbital Flight Test-2 (OFT-2) mission last month. We are all looking forward to cheering on Butch and Suni as they fly the first crewed Starliner mission."
Wilmore, Williams, and Fincke each have flown previously as long-duration crew members aboard the space station.
NASA astronaut Jeanette Epps continues to prepare for an upcoming long duration mission aboard Starliner-1. NASA also has identified backup flight opportunities for Epps on the SpaceX Crew Dragon spacecraft for additional scheduling and resource flexibility. Epps has begun cross-training on the SpaceX Crew Dragon spacecraft to prepare for this possibility.
Meanwhile, NASA and Boeing are continuing to conduct OFT-2 data reviews while assessing future CFT launch opportunities. Following successful completion of the uncrewed OFT-2 mission, the Starliner crew module has returned to Boeing's Commercial Crew and Cargo Processing Facility at NASA's Kennedy Space Center in Florida, where it will undergo system checkouts and vehicle inspections. The Starliner team is in the process of delivering the initial test flight data to NASA and jointly determining forward work ahead of a crewed flight. These engineering and program reviews are expected to continue for several weeks, culminating in a launch schedule assessment at the end of July, based upon spacecraft readiness, space station scheduling needs, and Eastern Range availability.
"Starliner and the Atlas V performed well during all phases of OFT-2, and now we are taking a methodical look at each system to determine what needs to be upgraded or improved ahead of CFT, just as we do with every other crewed flight," said Steve Stich, manager, NASA's Commercial Crew Program. "Additionally, Butch, Suni, and Mike have been instrumental in the development of Starliner on the path to having a second space station crew transportation system."
For the crewed flight test, Boeing's Starliner will launch aboard a United Launch Alliance Atlas V rocket from Space Launch Complex-41 at Cape Canaveral Space Force Station in Florida.
Following a successful CFT mission, NASA will begin the final process of certifying the Starliner spacecraft and systems for crew missions to the space station. Regular, long-duration commercial crew rotation missions enable NASA to continue the important research and technology investigations taking place aboard the orbiting laboratory. Such research benefits people on Earth and lays the groundwork for future exploration of the Moon and Mars, starting with the agency's Artemis missions, which include landing the first woman and first person of color on the lunar surface.
Find out more about NASA's Commercial Crew Program at:
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SOURCE NASA
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https://www.kxii.com/prnewswire/2022/06/16/nasa-updates-astronaut-assignments-boeing-starliner-test-flight/
| 2022-06-16T19:40:24Z
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Company outlines near-term strategic plan to generate positive operating cashflow by early 2025
EMERYVILLE, Calif., Aug. 9, 2022 /PRNewswire/ -- Berkeley Lights, Inc. (Nasdaq: BLI), a leader in digital cell biology, today reported financial results for the quarter ended June 30, 2022.
- Delivered total revenue of $19.2 million for the second quarter of 2022, representing a decrease of 1% compared to the second quarter of 2021
- Achieved recurring revenue of $5.9 million, an increase of 50% year over year
- Delivered gross margin of 67% for the second quarter of 2022 compared to 66% for the second quarter of 2021
- Reduced operating costs through a global workforce reduction of approximately 12% in July 2022 and optimized business structure and processes to decrease cash burn to approximately $30 million in 2023
During the quarter, Berkeley Lights management completed a comprehensive assessment of the business and initiated a near-term strategic plan aligned to five pillars where the Company will:
- Generate positive operating cash flow by early 2025;
- Prioritize R&D return on investment through increased focus and rigor on development initiatives;
- Deliver consistent commercial execution through a new sales structure and enhanced product portfolio and pricing strategy;
- Build a world-class leadership team with a proven track record in profitably scaling life sciences tools and services companies; and
- Evaluate M&A opportunities that will accelerate profitable growth and leverage our current cost structure.
"In the second quarter, we made meaningful progress to transform Berkeley Lights from a technology platform company into a growing, profitable and sustainable life sciences tools and services company," said Dr. Siddhartha Kadia, chief executive officer of Berkeley Lights. "We are confident and excited about the opportunities ahead for Berkeley Lights and our ability to advance our strategy to create value for our shareholders."
Berkeley Lights now expects full-year 2022 revenue to be approximately in line with full-year 2021 revenue as the Company works to realign the business around its new strategic objectives.
Berkeley Lights will host a conference call to discuss the second quarter 2022 financial results after market close on Tuesday, August 9, 2022 at 1:30 p.m. Pacific Time/4:30 p.m. Eastern Time. A webcast of the conference call can be accessed at http://investors.berkeleylights.com. The webcast will be archived and available for replay for at least 90 days after the event.
Berkeley Lights is a leading digital cell biology company focused on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products for our customers. The Berkeley Lights Platform captures deep phenotypic, functional, and genotypic information for thousands of single cells in parallel and can also deliver the live biology customers desire in the form of the best cells. Our platform is a fully integrated, end-to-end solution, comprising proprietary consumables, including our OptoSelect® chips and reagent kits, advanced automation systems, and application software. We developed the Berkeley Lights Platform to provide the most advanced environment for rapid functional characterization of single cells at scale, the goal of which is to establish an industry standard for our customers throughout their cell-based product value chain.
Berkeley Lights' Beacon and Lightning systems and Culture Station instrument are: FOR RESEARCH USE ONLY. Not for use in diagnostic procedures.
This press release contains forward-looking statements that are based on management's beliefs and assumptions and on information currently available to management. All statements contained in this release other than statements of historical fact are forward-looking statements, including statements regarding our ability to develop, commercialize and achieve market acceptance of our current and planned products and services, our research and development efforts, and other matters regarding our business strategies, use of capital, results of operations and financial position, and plans and objectives for future operations.
In some cases, you can identify forward-looking statements by the words "may," "will," "could," "would," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue," "ongoing" or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks, uncertainties and other factors are described under "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and elsewhere in the documents we file with the Securities and Exchange Commission from time to time. We caution you that forward-looking statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. As a result, the forward-looking statements may not prove to be accurate. The forward-looking statements in this press release represent our views as of the date hereof. We undertake no obligation to update any forward-looking statements for any reason, except as required by law.
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SOURCE Berkeley Lights, Inc.
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https://www.mysuncoast.com/prnewswire/2022/08/09/berkeley-lights-reports-second-quarter-2022-financial-results/
| 2022-08-09T21:17:11Z
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SAN DIEGO, May 16, 2022 /PRNewswire/ -- One America News Network ("OAN"), a 24/7 source of credible national and international news, announced today that its programming series One America News Investigates has surpassed one hundred episodes. In a world of short news soundbites, One America News Investigates provides a rigorous analysis of impactful news stories along with insightful, in-depth one-on-one interviews with leading newsmakers. Two separate episodes of One America News Investigates, debuting on Saturday, May 21st at 10 pm ET feature exclusive sit-down interviews with Florida's Governor Ron DeSantis and U.S. Senate candidate Hershel Walker.
Hershel Walker, best known for his legendary NFL football career, is interviewed by OAN's Caitlin Sinclair. Sinclair caught up with Walker for a thirty-minute exclusive interview in his home state of Georgia. Sinclair takes the viewer on a journey through Walker's amazing life story. Currently, Walker is in a tight race with first-time U.S. Senator Raphael Warnock. The matchup is close and may decide which political party controls the U.S. Senate.
OAN's Florida Political Correspondent, Stefan Kleinhenz, recently sat down with Florida Governor Ron DeSantis. Kleinhenz delved into a number of issues with the Florida Governor and likely 2024 Presidential candidate, including woke corporate culture, education, and the migration of people from California and New York into the Sunshine State.
With respect to education, DeSantis sums things up with, "It's important that our school system here in Florida educate kids, not indoctrinate them."
The Florida Governor does not hold back on his thoughts on California's Governor Gavin Newsom, a possible 2024 Presidential candidate, stating, "In California, up until Newsom was governor, they had never lost people on net, in the history of the state." DeSantis continues, "And now since Covid, they have hemorrhaged people. We've never had so many people from California moving into the State of Florida." Sounding more like a 2024 Presidential candidate in the making, DeSantis adds, "The reason why people are leaving… is because, yes they're taxed highly which is bad, but there's high crime, you have woke ideology run amok, you had Coronavirus lockdowns – horrible policies that ruined the quality of life for so many people."
Catch the complete informative interviews of U.S. Senate candidate Hershel Walker and Florida's Governor Ron DeSantis this Saturday, May 21st. One America News Investigates airs every Saturday and Sunday at 10 pm Eastern, 7 pm Pacific.
About One America News Network, ("OAN"):
One America News Network, ("OAN"), which launched on July 4, 2013, provides an independent source of credible national and international news around the clock. The network operates news bureaus in Washington, D.C., California, New York, and Florida. In addition, the network utilizes numerous external newsgathering sources, including US Pool feeds. OAN produces eighteen hours of live news every weekday. In addition, the network features four weekday primetime political talk shows, namely REAL AMERICA with Dan Ball, IN FOCUS, TIPPING POINT with Kara McKinney, and THE REAL STORY. OAN is featured on over a hundred cable and video providers worldwide. In addition, the OAN LIVE app is available on your favorite connected devices. For more information, please visit www.oann.com.
For more information, contact:
Ryan Critchley, Press Contact
Herring Networks, Inc.
Phone: 858-270-6900 x 105
press@oann.com
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SOURCE Herring Networks, Inc., dba One America News Network
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https://www.kxii.com/prnewswire/2022/05/16/oans-in-depth-series-one-america-news-investigates-surpasses-100-episodes-with-one-on-one-interviews-with-governor-ron-desantis-us-senate-candidate-hershel-walker/
| 2022-05-16T18:20:24Z
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Bedke gets NRA endorsement for Idaho lieutenant governor
BOISE, Idaho (AP) — Republican House Speaker Scott Bedke is being endorsed by the National Rifle Association for lieutenant governor ahead of the May 17 Idaho primary. NRA Idaho State Director Aoibheann Cline on Tuesday said Bedke’s dedication to the right to keep and bear arms earned him an A-plus rating with the group and the endorsement. Bedke says he will continue to fight to protect Second Amendment rights as lieutenant governor. The endorsement came a day after the NRA endorsed first-term Republican Gov. Brad Little to retain that post.
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https://localnews8.com/news/ap-idaho/2022/04/19/bedke-gets-nra-endorsement-for-idaho-lieutenant-governor/
| 2022-04-19T23:04:00Z
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Boston Beer Company signs the Safe Bars P.A.C.T. initiative and implements taproom trainings alongside annual Pride beer release, Love Conquers Ale
BOSTON, June 1, 2022 /PRNewswire/ -- As Pride celebrations make a hopeful return, Samuel Adams is reinforcing its commitment to creating safe and inclusive spaces that bring people together to share a beer, celebrate Pride, and support the LGBTQ+ community.
Now more than ever, Samuel Adams recognizes the importance of implementing actionable resources for coworkers, drinkers, and LGBTQ+ community members at large, which is why the brewer is prioritizing inclusivity and taking its active allyship a step further. In partnership with GLAAD, Samuel Adams has identified, committed and signed the Safe Bars P.A.C.T. (Promise of Awareness, Compassion, and Trust) – a code of conduct for professional beverage organizations, trade associations, and non-professional beverage groups to sign and commit to – and is now calling on other craft breweries to do the same.
"Beer has a powerful way of bringing people together, and with that power comes responsibility. I believe craft brewers can play a critical role in providing safe and inclusive spaces for everyone to enjoy great beer, starting with our own taprooms and breweries," says Jim Koch, Samuel Adams Founder and Brewer. "Known for our revolutionary spirit, Samuel Adams is calling on craft breweries everywhere to join us in signing the Safe Bars P.A.C.T. so we can show our Pride everyday."
Samuel Adams will also donate $100,000 to Safe Bars* to further support the organization's P.A.C.T. initiative and training programs in bars and craft breweries nationwide, with the goal of creating welcoming spaces for guests and safe and respectful workplaces for staff.
"It's human nature to come together and celebrate. Everyone deserves to do that where they're safe, respected, and valued," says Lauren R. Taylor, Director of Safe Bars. "Safe Bars exists to train the hospitality industry in making nightlife safer and more inclusive, and we're thrilled to partner with Boston Beer and GLAAD to strengthen the craft beer community. Cheers to our diversity, and cheers to our pride."
Boston Beer Company, makers of Samuel Adams, has already begun implementing Safe Bars de-escalation and bystander trainings as part of the Safe Bars P.A.C.T. commitment across its local breweries and taprooms. With continued support from GLAAD and Safe Bars, Samuel Adams invites all drinkers, no matter who they are, who they love, or how they express themselves, to celebrate Pride in bars and on parade routes across the country.
"Gathering with community, laughing, dreaming, and enjoying a beer has the ability to change the world. As LGBTQ communities gather in safe spaces with our friends and allies, we recognize how our community has come through so much, with so much more work ahead of us," says Ross Murray, Vice President of the GLAAD Media Institute. "GLAAD is proud to join with Samuel Adams and Safe Bars to ensure that those gatherings are safe and welcoming."
Craft breweries looking to commit to the Safe Bars P.A.C.T. can learn more by visiting www.safebarspact.com.
BREWED BY AND FOR THE LGBTQ+ COMMUNITY: LOVE CONQUERS ALE
First created by Samuel Adams LGBTQ+ coworkers and allies in 2017, Love Conquers Ale is brewed annually as a way to represent and showcase Samuel Adams' Pride, serving as a platform for togetherness, love, and inclusion wherever it is enjoyed and whoever it is shared with. This year's Love Conquers Ale brew is a welcoming beer with hints of hibiscus and yuzu for bright citrus and prickly pear creating a bold, pinkish hue that captures the joy and expression of Pride.
Starting June 1 through August 31, Love Conquers Ale will be available in 6-pack 12oz cans for drinkers to purchase in select key markets including Boston, Cincinnati, Chicago, Washington, D.C., New York, and Philadelphia. The brew will also be available on tap at the following locations:
- Samuel Adams Boston Brewery
- Samuel Adams Boston Tap Room
- Samuel Adams Cincinnati Tap Room
Also starting in June, Samuel Adams and Safe Bars will be hosting local kickoff events in cities where Love Conquers Ale is available, including around DC's Queer Beer Fest and Chicago's Pride in the Park, to welcome drinkers back to bars and encourage safe and welcoming Pride celebrations.
To learn more and find Love Conquers Ale in a city near you, visit: www.samueladams.com/loveconquersale
ABOUT SAMUEL ADAMS
Samuel Adams is a leading independent, American craft brewer that helped to launch the craft beer revolution. The brewery began in 1984 when Founder and Brewer Jim Koch used a generations-old family recipe to brew beer in his kitchen. Inspired and unafraid to challenge conventional thinking about beer, Jim brought the recipe to life with hopes drinkers would appreciate the complex, full-flavor and started sampling the beer in Boston. He named the flagship brew Samuel Adams Boston Lager in recognition of one of our nation's founding fathers, a revolutionary man of independent and pioneering spirit. Today, Samuel Adams is one of the world's most awarded breweries and remains focused on crafting the highest quality beers through innovation and experimentation in the relentless pursuit of better. Samuel Adams remains dedicated to elevating and growing the American craft beer industry overall, including providing education and support for entrepreneurs and fellow brewers through its philanthropic program, Brewing the American Dream, which helps others pursue their American Dream. For more information, visit www.SamuelAdams.com or follow @SamuelAdamsBeer.
ABOUT SAFE BARS
Safe Bars was born to help make bars, restaurants, breweries, other alcohol-serving establishments safe and welcoming for patrons, and safe, respectful workplaces for staff, ultimately changing industry culture. Drawing on our cadre of expert instructors with experience in hospitality and in ending gender-based violence, Safe Bars trains hospitality and alcohol professionals to prevent and interrupt sexual harassment and other violence. Safe Bars programs become part of the fabric of a community's nightlife — creating safe, welcoming, and fun spaces. Safe Bars does that by offering training in three areas: active bystander skills, empowerment and self-defense, and de-escalation. For more information, visit www.safebars.org or @safebarshq on Twitter, Instagram, and Facebook.
ABOUT GLAAD
GLAAD rewrites the script for LGBTQ acceptance. As a dynamic media force, GLAAD tackles tough issues to shape the narrative and provoke dialogue that leads to cultural change. GLAAD protects all that has been accomplished and creates a world where everyone can live the life they love. For more information, please visit www.glaad.org or connect with @GLAAD on Facebook and Twitter.
*Donations are from Samuel Adams to Safe Bars. Safe Bars is a Section 501(c)(3) charitable organization under U.S. law. For more information on Safe Bars, please visit https://safebars.org/.
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SOURCE Samuel Adams
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https://www.wibw.com/prnewswire/2022/06/01/samuel-adams-calls-craft-breweries-become-safer-more-inclusive-spaces-all/
| 2022-06-01T14:24:10Z
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NEW YORK, Aug. 10, 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=30698&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.
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https://www.wibw.com/prnewswire/2022/08/10/shareholder-alert-gross-law-firm-notifies-shareholders-tg-therapeutics-inc-class-action-lawsuit-lead-plaintiff-deadline-september-16-2022-nasdaq-tgtx/
| 2022-08-10T10:14:08Z
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TOKYO (AP) — Leaders of the U.S., Japan, Australia and India gathered in Tokyo on Tuesday for a summit of the “Quad.” What is the group, where did it come from and why do diplomats keep coming up with strange names for various partnerships?
WHAT IS THE QUAD?
Formally the Quadrilateral Security Dialogue, the Quad began as a loose partnership after the devastating 2004 Indian Ocean tsunami, when the four countries joined together to provide humanitarian and disaster assistance to the affected region. It was formalized by former Japanese Prime Minister Shinzo Abe in 2007, but then fell dormant for nearly a decade, particularly amid Australian concerns that its participation in the group would irritate China.
The group was resurrected in 2017, reflecting changing attitudes in the region toward China’s growing influence. Both the Trump and Biden administrations saw the Quad as key to a pivot toward placing more focus on the Indo-Pacific region, particularly as a counterweight to China’s assertive actions. The Quad leaders held their first formal summit in 2021 and met again virtually in March.
IS IT AN “ASIAN NATO”?
China has complained that the group represents an attempt at forming an “Asian NATO,” though unlike the European alliance there is no mutual-defense pact in effect. Quad members say the group is meant to deepen economic, diplomatic and military ties among the four countries. And while they don’t often explicitly say it, those partnerships are meant to be a bulwark against Chinese aggression. In a March 2021 declaration laying out the “Spirit of the Quad,” the leaders said, “We bring diverse perspectives and are united in a shared vision for the free and open Indo-Pacific. We strive for a region that is free, open, inclusive, healthy, anchored by democratic values, and unconstrained by coercion.”
WHO ARE THE NEW FACES?
Tuesday’s meeting marks the first in-person gathering of the group for Japanese Prime Minister Fumio Kishida, who took office last October, as well as for Australia’s new prime minister, Anthony Albanese. He was sworn-in on Monday, just two days after Australia’s parliamentary election and one day before the summit.
WHAT ABOUT INDIA?
Indian Prime Minister Narendra Modi is attending as he faces increasing global scrutiny over his government’s crackdown on minorities and some authoritarian tendencies. In addition, while the other members of the Quad have been united in standing up against Russia’s invasion of Ukraine, especially with sanctions, India increased its purchases of Russian energy supplies after the invasion. Moreover, the invasion has led to food shortages that are causing price spikes, yet India banned wheat exports following a heat wave that could make this global challenge much tougher to resolve.
WHO ELSE IS INVOLVED?
South Korea has expressed interest in joining the Quad, though U.S. officials have said they are not contemplating adjusting the group’s membership. The group has held “Quad-plus” meetings that have included South Korea, New Zealand and Vietnam, which could form the basis for future expansion or partnership in the region.
WHY THE ODD NAME?
Diplomats can’t help themselves. Once they start up different pairings or partnerships, they can’t resist assigning shorthand names like the Quad or baffling acronyms like AUKUS ( the new Australia- U.K.-U.S. alliance ). Another acronym that got attention this week while President Joe Biden was in Asia: IPEF, short for the U.S.-proposed new trade pact called the Indo-Pacific Economic Framework.
___
Miller reported from Washington.
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https://cw33.com/business/ap-business/explainer-whats-the-4-nation-quad-where-did-it-come-from/
| 2022-05-24T19:23:19Z
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ALL FORMATS AVAILABLE TO PRE-ORDER HERE
4CD Deluxe Box Set, 2CD, Limited Edition 3LP,
Limited Edition 1LP Coloured Vinyl (D2C),
Deluxe Digital HD and Deluxe Digital Standard
Formats : 4CD / 2CD / 3LP / 1LP Colour (D2C) / Digital HD & SD
Release Date: September 30, 2022
Label: UMC
LOS ANGELES, Aug. 5, 2022 /PRNewswire/ -- To celebrate the 50th anniversary of Rory Gallagher's "Deuce" sophomore solo album from 1971, a deluxe CD boxset will be released by UMC on Friday September 30th. The album is available to pre-order from https://rorygallagher.lnk.to/Deuce_50
The extensive celebratory release digs deep into the Rory Gallagher Archives and will include a new mix of the original album, twenty-eight previously unreleased alternate takes, a six-song 1972 BBC Radio 'In Concert', and seven Radio Bremen radio session tracks. The package will contain a 64-page hardback book with a foreword by Johnny Marr of The Smiths, unseen images by the late Mick Rock, essays, and memorabilia from the album recording. The 2CD and 3LP will be cut down versions from the deluxe box and there will be a special D2C 1LP of the "BBC In Concert – Live at The Paris Theatre, 13 January 1972."
"There was one day when I was playing along with the Deuce album which
was a complete turning point for me as a guitar player"
– Johnny Marr
Released in November 1971, just six months after his eponymous solo debut, Rory Gallagher's second album, Deuce, was the summation of all that he'd promised in the wake of Taste's collapse. Rory wanted to capture the feeling of a live performance, so he would look to record immediately after live concerts while keeping production to a minimum.
He chose Tangerine Studios, a small reggae studio, in Dalston in East London, due it's history with legendary producer Joe Meek. With Gerry McAvoy on bass guitar and Wilgar Campbell on drums, the album was engineered by Robin Sylvester and produced by Rory. Deuce features many Rory highlights, from the blistering Crest Of A Wave to the Celtic-infused I'm Not Awake Yet.
When asked "How does it feel to be the best guitarist in the world,"
Jimi replied, "I don't know, why don't you go and ask Rory Gallagher."
– Jimi Hendrix
"There are a million guys who sound like Stevie Ray Vaughan, but I never heard
anybody who could really pull off sounding like Rory Gallagher."
– Slash
"As soon as I heard Cradle Rock, I was hooked. I thought,
'This is what I want to be when I grow up'."
– Joe Bonamassa
"I really liked Rory, he was fine guitarist and singer and lovely man."
– Jimmy Page
"He was a magician. He's one of the very few people of that time who could make his guitar do anything it seemed. It just seemed to be magic. I remember looking at that battered Stratocaster and thinking "how does that come out of there?"
– Brian May
"A beautiful man and an amazing guitar player."
– The Edge
"An amazing player, very spirited. Rory had a particular sound using
that Stratocaster and he really got it because of the brute force in the
way that he played. He just had such a passion about it."
– Joe Satriani
FORMATS / TRACK LIST
4CD BOX SET
CD1
Used to Be - 50th Anniversary Edition
I'm Not Awake Yet - 50th Anniversary Edition
Don't Know Where I'm Going - 50th Anniversary Edition
Maybe I Will - 50th Anniversary Edition
Whole Lot of People - 50th Anniversary Edition
In Your Town - 50th Anniversary Edition
Should've Learnt My Lesson - 50th Anniversary Edition
There's a Light - 50th Anniversary Edition
Out of My Mind - 50th Anniversary Edition
Crest of a Wave - 50th Anniversary Edition
CD2
Used to Be - Alternate Take 1
Used to Be - Alternate Take 2
I'm Not Awake Yet - Alternate Take 1
Don't Know Where I'm Going - Alternate Take 1
Maybe I Will - Alternate Take 1
Maybe I Will - Alternate Take 2
Maybe I Will - Alternate Take 3
Maybe I Will - Alternate Take 4
Maybe I Will - Alternate Take 5
Whole Lot of People - Electric Alternate Take 1
Whole Lot of People - 6 String Acoustic Alternate Take 1
Whole Lot Of People - Deuce Album Session / Alternative Acoustic Take / 1971 *
Whole Lot of People - 12 String Acoustic Alternate Take 1
In Your Town - Alternate Take 1
In Your Town - Alternate Take 2
In Your Town - Alternate Take 3
CD3
In Your Town - Alternate Take 4
Should've Learnt My Lesson - Deuce Album Session / Alternative Acoustic Take / 1971*
Should've Learnt My Lesson - Deuce Album Session Outtake / 1971*
Should've Learnt My Lesson - Alternate Take 2
Should've Learnt My Lesson - Alternate Take 3
There's A Light - Alternate Take 1
There's A Light - Alternate Take 2
There's A Light - Alternate Take 3
Out of My Mind - Alternate Take 1
Out of My Mind - Alternate Take 2
Out of My Mind - Alternate Take 3
Crest of a Wave - Alternate Take 1
Crest of a Wave - Alternate Take 2
Don't Know Where I'm Going - Home Demo
Maybe I Will - Home Demo
Should've Learnt My Lesson - Home Demo
CD4
Should've Learnt My Lesson - Radio Bremen 21/12/1971
Crest of a Wave - Radio Bremen 21/12/1971
I Could've Had Religion - Radio Bremen 21/12/1971
For The Last Time - Radio Bremen 21/12/1971
Messin' With The Kid - Radio Bremen 21/12/1971
Don't Know Where I'm Going - Radio Bremen 21/12/1971
Pistol Slapper Blues - Radio Bremen 21/12/1971
Used To Be - BBC In Concert - Live at The Paris Theatre, 13 January 1972
Should've Learnt My Lesson - BBC In Concert - Live at The Paris Theatre, 13 January 1972
Out Of My Mind - BBC In Concert - Live at The Paris Theatre, 13 January 1972
I Could've Had Religion - BBC In Concert - Live at The Paris Theatre, 13 January 1972
Crest Of A Wave - BBC In Concert - Live at The Paris Theatre, 13 January 1972
Messin' With The Kid - BBC In Concert - Live at The Paris Theatre, 13 January 1972
2CD
CD1
Used to Be - 50th Anniversary Edition
I'm Not Awake Yet - 50th Anniversary Edition
Don't Know Where I'm Going - 50th Anniversary Edition
Maybe I Will - 50th Anniversary Edition
Whole Lot of People - 50th Anniversary Edition
In Your Town - 50th Anniversary Edition
Should've Learnt My Lesson - 50th Anniversary Edition
There's a Light - 50th Anniversary Edition
Out of My Mind - 50th Anniversary Edition
Crest of a Wave - 50th Anniversary Edition
CD2
Used to Be - Alternate Take 1
I'm Not Awake Yet - Alternate Take 1
Maybe I Will - Alternate Take 1
Whole Lot of People - 12 String Acoustic Alternate Take 1
In Your Town - Alternate Take 3
Should've Learnt My Lesson - Alternate Take 3
There's A Light - Alternate Take 1
Out of My Mind - Alternate Take 3
Crest of a Wave - Alternate Take 2
Should've Learnt My Lesson - Radio Bremen 21/12/1971
Crest of a Wave - Radio Bremen 21/12/1971
I Could've Had Religion - Radio Bremen 21/12/1971
For The Last Time - Radio Bremen 21/12/1971
Messin' With The Kid - Radio Bremen 21/12/1971
Don't Know Where I'm Going - Radio Bremen 21/12/1971
Pistol Slapper Blues - Radio Bremen 21/12/1971
3LP
Side A
Used to Be - 50th Anniversary Edition
I'm Not Awake Yet - 50th Anniversary Edition
Don't Know Where I'm Going - 50th Anniversary Edition
Maybe I Will - 50th Anniversary Edition
Whole Lot of People - 50th Anniversary Edition
Side B
In Your Town - 50th Anniversary Edition
Should've Learnt My Lesson - 50th Anniversary Edition
There's a Light - 50th Anniversary Edition
Out of My Mind - 50th Anniversary Edition
Crest of a Wave - 50th Anniversary Edition
Side C
Used to Be - Alternate Take 1
I'm Not Awake Yet - Alternate Take 1
Maybe I Will - Alternate Take 1
Whole Lot of People - 12 string acoustic Alternate Take 1
Side D
In Your Town - Alternate Take 3
Should've Learnt My Lesson - Alternate Take 3
There's A Light - Alternate Take 1
Out of My Mind - Alternate Take 3
Side E
Crest of a Wave - Alternate Take 2
Crest of a Wave - Radio Bremen 21/12/1971
Don't Know Where I'm Going - Radio Bremen 21/12/1971
I Could've Had Religion - Radio Bremen 21/12/1971
Side F
Should've Learnt My Lesson - Radio Bremen 21/12/1971
For The Last Time - Radio Bremen 21/12/1971
Messin' With The Kid - Radio Bremen 21/12/1971
Pistol Slapper Blues - Radio Bremen 21/12/1971
1LP Colour (D2C)
Side A
Used To Be - BBC In Concert - Live at The Paris Theatre, 13 January 1972
Should've Learnt My Lesson - BBC In Concert - Live at The Paris Theatre, 13 January 1972
Out Of My Mind - BBC In Concert - Live at The Paris Theatre, 13 January 1972
Side B
I Could've Had Religion - BBC In Concert - Live at The Paris Theatre, 13 January 1972
Crest Of A Wave - BBC In Concert - Live at The Paris Theatre, 13 January 1972
Messin' With The Kid - BBC In Concert - Live at The Paris Theatre, 13 January 1972
RORY GALLAGHER – ONLINE
WEBSITE | FACEBOOK | INSTAGRAM | TWITTER
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https://www.kxii.com/prnewswire/2022/08/05/rory-gallaghers-deuce-sophomore-album-50th-anniversary-edition-box-set-is-set-release-september-30-2022/
| 2022-08-05T14:32:55Z
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DALLAS (KDAF) — If you’ve ever played a slot machine at a casino and hit a triple seven or got the big win where the screen screams jackpot at you, you’ve experienced a feeling like no other. However, there are more jackpots to be had outside of slot machines, especially for a resident in the Dallas-Fort Worth Metroplex.
The Texas Lottery reports a $7.25 million jackpot-winning ticket from Saturday’s Lotto Texas drawing was sold just outside of Dallas, in Irving. That winning ticket matched all six of the winning numbers from the June 25 drawing.
It was sold at a Circle K on Valleyview Lane in Irving, and the ticket was not a Quick Pick. The ticket purchaser also chose the cash-value option. There were also seven total secondary prize winners from this drawing that matched five of the six winning numbers to win $3,218 each.
One of those secondary prize winners also chose the Extra! option to skyrocket their winnings to $13,218.
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https://cw33.com/news/local/7-25-million-jackpot-winning-texas-lottery-ticket-sold-outside-of-dallas/
| 2022-06-27T22:30:45Z
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Biden honors 9/11 victims, vows commitment to thwart terror
WASHINGTON (AP) — President Joe Biden marked the 21st anniversary of the Sept. 11 attacks, laying a wreath at the Pentagon in a somber commemoration held under a steady rain and paying tribute to “extraordinary Americans” who gave their lives on one of the nation’s darkest days.
Sunday’s ceremony occurred a little more than a year after Biden ended the long and costly war in Afghanistan that the U.S. and allies launched in response to the terror attacks.
Biden noted that even after the United States left Afghanistan that his administration continues to pursue those responsible for the 9/11 attacks. Last month, Biden announced the U.S. had killed Ayman al-Zawahri, the Al-Qaida leader who helped plot the Sept. 11 attacks, in a clandestine operation.
“We will never forget, we will never give up,” Biden said. “Our commitment to preventing another attack on the United States is without end.”
The president was joined by family members of the fallen, first responders who had been at the Pentagon on the day of the attack, as well as Defense Department leadership for the annual moment of tribute carried out in New York City, the Pentagon and Somerset County, Pennsylvania.
“We owe you an incredible, incredible debt,” Biden said.
In ending the Afghanistan war, the Democratic president followed through on a campaign pledge to bring home U.S. troops from the country’s longest conflict. But the war concluded chaotically in August 2021, when the U.S.-backed Afghan government collapsed, a grisly bombing killed 170 Afghans and 13 U.S. troops at Kabul’s airport, and thousands of desperate Afghans gathered in hopes of escape before the final U.S. cargo planes departed over the Hindu Kush.
Biden marked the one-year anniversary of the U.S. withdrawal from Afghanistan late last month in low-key fashion. He issued a statement in honor of the 13 U.S. troops killed in the bombing at the Kabul airport and spoke by phone with U.S. veterans assisting ongoing efforts to resettle in the United States Afghans who helped the war effort.
Senate Minority Leader Mitch McConnell on Thursday criticized Biden’s handling of the end of the war and noted that the country has spiraled downward under renewed Taliban rule since the U.S. withdrawal.
“Now, one year on from last August’s disaster, the devastating scale of the fallout from President Biden’s decision has come into sharper focus,” McConnell said. “Afghanistan has become a global pariah. Its economy has shrunk by nearly a third. Half of its population is now suffering critical levels of food insecurity.”
First lady Jill Biden will speak Sunday at the Flight 93 National Memorial Observance in Shanksville, Pennsylvania. Vice President Kamala Harris and her husband attended a commemoration ceremony at the National September 11th Memorial in New York.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/09/11/biden-honors-911-victims-vows-commitment-thwart-terror/
| 2022-09-11T14:41:21Z
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ATLANTA (AP) — Prosecutors investigating whether Donald Trump committed crimes as he sought to overturn his 2020 election defeat in Georgia are running into increasing resistance as they seek to call witnesses to testify before a special grand jury.
The latest illustration of that came Wednesday, when lawyers for Republican Gov. Brian Kemp filed a motion to quash a subpoena for his testimony, accusing the office of Fulton County District Attorney Fani Willis, a Democrat, of pursuing his testimony for “improper political purposes.” Willis rejected that characterization, describing it as dishonest.
Kemp is just one of several witnesses who have pushed back against Willis’ attempt to compel their testimony in a case investigating potential criminal interference in an election. Late Wednesday, U.S. Sen. Lindsey Graham formally appealed a judge’s order requiring him to testify before the special grand jury on Aug. 23. And John Eastman, a conservative lawyer who aided Trump’s efforts to undo the 2020 election results, has also pushed back against his subpoena, with a judge in New Mexico on Wednesday rejecting his request and ordering him to travel to Atlanta to testify before the special grand jury.
The witnesses’ reluctance to testify in the case reflects the high stakes of the investigation, which is just one of a long list of serious legal threats that Trump is facing that have intensified in recent weeks. It also demonstrates the power that Trump continues to wield over the Republican Party as he prepares for an expected 2024 presidential campaign.
Willis opened the investigation early last year, prompted by a January 2021 phone call between Trump and Georgia Secretary of State Brad Raffensperger. During that conversation, Trump suggested the state’s top elections official could “find” the exact number of votes that would be needed to flip the election results in Georgia. Denying wrongdoing, Trump has described the call as “perfect.”
About a month earlier, Trump had called Kemp, asking him to order a special legislative session to overturn Biden’s victory in the state.
Kemp was scheduled to be questioned under oath by Willis’ team on July 25 in a session that was to be recorded and later played for the special grand jury. Asked by The Associated Press later that day to confirm that the governor had appeared for that meeting, Kemp spokesperson Katie Byrd declined to comment, citing “respect for the grand jury process.”
As it turns out, Kemp never met with Willis’ team.
His lawyers wrote in their motion Wednesday that Willis’ team canceled that meeting and issued a subpoena after Kemp’s attorneys asked about the scope of the interview.
Correspondence attached to the motion indicates that communications between Brian McEvoy, a lawyer for the governor, and the district attorney’s office turned sour in mid-June and then fell apart in late July.
In an email calling the investigation “politically motivated,” McEvoy said Kemp would only sit for the interview if Willis’ office agreed not to issue a subpoena for his testimony. He also demanded disclosure of questions and topics beforehand and said neither party could record the interview.
Willis issued a scathing response, accusing McEvoy of being rude to her team and calling his email “offensive and beneath an officer of the court.” She said she had offered the taped interview as a courtesy, but that that offer was now “off the table” and the governor would be subpoenaed.
“There’s an old adage that people take kindness for weakness. You have taken my kindness as weakness and you have continually treated this investigation with disdain,” Willis wrote. “Despite your disdain this investigation continues and will not be derailed by anyone’s antics.”
Kemp’s subpoena called for him to appear before the special grand jury Thursday. Byrd said in an email that he had been excused from appearing pending a ruling on his motion to quash. Fulton County Superior Court Judge Robert McBurney, who’s overseeing the special grand jury, has set an Aug. 25 hearing on the motion.
In Santa Fe, New Mexico, on Wednesday, Judge Mary Marlowe Sommer ruled that Eastman was a material witness and had not proved that traveling to Atlanta would cause an undue hardship for him. Rejecting arguments from Eastman’s lawyer, she said any concerns about attorney-client privilege and his right to assert the Fifth Amendment should be addressed by the judge in Atlanta.
Eastman had told lawmakers during a Dec. 3, 2020, legislative committee hearing at the Georgia Capitol that they had “both the lawful authority and a ‘duty’ to replace” the certified Democratic presidential electors, citing unfounded claims of widespread election fraud in the state, Willis wrote in a court filing.
He also drafted at least two memos to the Trump campaign and others detailing a plan by which then-Vice President Mike Pence, as president of the U.S. Senate, could refuse to count some of the electoral votes won by Biden, Willis wrote.
And in South Carolina on Wednesday, Graham appealed a judge’s Monday order requiring him to testify before the special grand jury. Prosecutors have indicated they’re interested in phone calls he made to Raffensperger and his staff in the weeks following the election.
The 11th U.S. Circuit Court of Appeals will consider Graham’s request. Graham’s legal team also asked a federal judge to put his special grand jury appearance on hold during the appeal process.
___
Kinnard reported from Columbia, S.C. Associated Press writer Susan Montoya Bryan in Albuquerque, N.M., contributed to this report.
___
Kinnard can be reached at http://twitter.com/MegKinnardAP.
___
More on Donald Trump-related investigations: https://apnews.com/hub/donald-trump
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https://cw33.com/news/politics/ap-politics/graham-appeals-order-to-testify-in-georgia-election-probe/
| 2022-08-19T15:04:43Z
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Which Alvin and the Chipmunks gift is best?
Novelty act Alvin and the Chipmunks have been rocking out since they began recording their squeaky-voiced songs in 1958. Generations continue to enjoy the iconic songs, as well as TV series and movies featuring the cute rockers.
Because of the enduring appeal of Alvin and the Chipmunks, there are fans young and old that would appreciate a gift featuring the squirrel-like trio. From vintage items to movies to toys and more, we’ve found some outstanding Alvin and the Chipmunks merch for just about any fan.
Who are Alvin and the Chipmunks?
In addition to Alvin, who’s known for his mischievous ways, the Chipmunks include goofy Theodore and smart Simon. In the early years, the group members were often at odds with their manager Dave Seville, which led to silly interchanges on musical recordings that delighted young listeners.
The most notable characteristic of the Chipmunks’ distinctive sound is the high-pitched voices that were created in the studio by speeding up the recordings. The group became so popular among youngsters that it won awards and inspired the release of comic books, a children’s TV series, and more musical recordings.
Over the years, Alvin and the Chipmunks have been featured in movies, TV specials, and other animated series. They also continued to release new music collections through the 1990s and early 2000s, including “The Chipmunks Rock the House” and the country album “Chipmunks in Low Places.”
Types of Alvin and the Chipmunks gifts
While fans still love the Chipmunks’ music, shows, and movies, it’s been several years since the latest release. Therefore, it can be difficult to find items like Alvin and the Chipmunk toys. If you are searching for a present for a Chipmunks enthusiast or collector, you have options. Below we’ve done the searching for you and rounded up our favorite finds that feature the furry bandmates.
What are the best Alvin and the Chipmunks gifts to buy?
Top Alvin and the Chipmunks gift
Fisher-Price Alvin and the Chipmunks RC Skate Tricks Alvin
What you need to know: A fun, interactive toy that’s great for kids but also appeals to Alvin and the Chipmunks collectors.
What you’ll love: Not only is this Alvin toy powered by a remote to perform exciting tricks, it also plays sounds and phrases that add to the fun. We love the cute skateboard theme and easy-to-use controls.
What you should consider: A few customers reported toys that were damaged when they arrived.
Sold by Amazon
Top Alvin and the Chipmunks gift for the money
Bendon Publishing Alvin and the Chipmunks Coloring and Activity Book Set
What you need to know: If you’re looking for an affordable gift that features Alvin and his friends, you can’t go wrong with this pair of activity-filled books.
What you’ll love: Two books that are packed with pages for coloring or completing challenging activities. The adventures of the Chipmunks are depicted throughout this affordable set.
What you should consider: It can be a toss-up whether you receive books with the Road Chip or Chipwrecked theme.
Sold by Amazon
Top vintage Alvin and the Chipmunks gift
Vintage 90s Alvin and the Chipmunks Soft Rubber Figures
What you need to know: This trio of figures is the best option if you’re looking for vintage Alvin and the Chipmunks toys for a new fan or long-time collector.
What you’ll love: This collection includes Alvin, Theodore, and Simon figures from the early 1990s. Each figure is three inches in height and nicely detailed.
What you should consider: Figures may be low in stock, so it’s best not to hesitate to make your purchase.
Sold by Etsy
Top Alvin and the Chipmunks gift for toddlers
Alvin and the Chipmunks Toddler Bedding Sets
What you need to know: You can dress up your young Alvin and the Chipmunks fan’s room in style with this complete toddler bedding set that features the trio in bold colors.
What you’ll love: Preschoolers will love this bedding set’s colorful rocker Chipmunks graphics, while parents will love how the pieces are designed to fit toddler-sized beds. It comes with fitted and flat sheets, a pillowcase, and a bedspread.
What you should consider: Washing the items with care is important to help prevent fading and shrinking.
Sold by Amazon
Top Alvin and the Chipmunks gift of clothing
What you need to know: A cool T-shirt that’s available in a wide selection of sizes for kids and adults.
What you’ll love: Alvin’s personality is accurately depicted on this fun shirt that sports his likeness with a mischievous grin. You can choose from sizes for small and older kids, as well as adults.
What you should consider: This shirt is crafted of cotton material that may shrink a bit when laundered.
Sold by Etsy
Top Alvin and the Chipmunks gift for young fans
“Alvin and the Chipmunks: The Road Chip” movie
What you need to know: Kid-friendly content and an adorable theme make this movie a good choice for any child that loves the Chipmunks and animated films.
What you’ll love: A family film that features the lovable cast of Chipmunks performing their songs on an exciting road trip.
What you should consider: Older kids may not find this moving very entertaining.
Sold by Amazon
Top Alvin and the Chipmunks gift for movie buffs
“Alvin and the Chipmunks” 2007 Poster Print
What you need to know: Alvin, Theodore, and Simon on a movie poster that the young and young at heart can appreciate.
What you’ll love: This poster features the Chipmunks from their 2007 feature film. It’s a fun option for fans of various ages who love to watch the furry band members on the screen.
What you should consider: If you are shopping for a young child who enjoys the Chipmunks, this isn’t the best option.
Sold by Overstock
Top Alvin and the Chipmunks gift for binge-watching
Alvin and the Chipmunks 4-Movie Collection
What you need to know: Choose this set of four classic Alvin and the Chipmunks movies for anyone who loves to indulge in funny, family-friendly animated movies.
What you’ll love: Great for kids that love to watch animated Chipmunk films, as this collection includes four of their most popular movies. The box set comes in a choice of DVD or Blu-Ray.
What you should consider: Although rare, a few customers report faulty discs that didn’t play.
Sold by Amazon
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https://cw33.com/reviews/best-alvin-and-the-chipmunks-gift/
| 2022-07-24T19:33:50Z
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Officials: 3 killed after planes collided in California
WATSONVILLE, Calif. (AP) — Authorities say three people and a dog were killed after two small planes collided in Northern California while trying to land at a rural airport.
The Santa Cruz County Sheriff’s Office said in a statement Friday that the names of those killed Thursday at the Watsonville Municipal Airport will be released once their families have been notified.
NTSB air safety investigator Fabian Salazar says that there were two people aboard a twin-engine Cessna 340 and only the pilot aboard a single-engine Cessna 152 during the crash.
The city-owned airport does not have a control tower to direct aircraft landing and taking off.
The airport accounts for about 40% of all general aviation activities in the Monterey Bay area, according to the City of Watsonville’s website.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/08/19/officials-3-killed-after-planes-collided-california/
| 2022-08-19T22:50:55Z
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STOCKHOLM (AP) — When Turkey’s president rails against “terrorists” in the Swedish Parliament, Amineh Kakabaveh is convinced he is talking about her.
The former Kurdish rebel fighter turned Swedish lawmaker has emerged as a central figure in the drama surrounding Sweden and Finland’s historic bid to join NATO. Turkey opposes NATO membership for the two Nordic countries, accusing them of harboring Kurdish militants.
Kakabaveh, a strong advocate for Kurdish self-determination in the Middle East and a fierce critic of Turkish President Recep Tayyip Erdogan, holds extraordinary leverage because the Swedish government depends on her vote for its one-seat majority in Parliament.
“He cannot decide over us,” she says of Erdogan. “I stand up for Sweden’s values and Sweden’s sovereignty.”
Despite a long history of non-alignment, Sweden and Finland rushed to apply for NATO membership after Russia’s invasion of Ukraine but were stunned by opposition from Erdogan.
To allow the Nordic countries into NATO, a decision that requires unanimity among the alliance’s members, Turkey demanded they lift arms embargoes on Turkey, extradite alleged Kurdish terrorists and stop supporting Kurdish fighters in Syria. Turkey says those fighters are closely linked to PKK, a domestic Kurdish group that Ankara and the West consider a terrorist organization.
Meeting those demands would have been difficult for the Swedes and Finns in any case, but with Sweden’s government dependent on Kavikabeh’s support for its survival, there is little room to negotiate a compromise.
“We are not used to single members of Parliament having such influence,” says Svante Cornell, director of the Institute for Security and Development Policy in Stockholm. “It’s maximal bad luck for the government’s side, you could say.”
Kakabaveh’s backing allowed Social Democratic leader Magdalena Andersson to become Sweden’s first female prime minister last year. In return, the center-left Social Democrats agreed to deepen cooperation with Kurdish authorities in northern Syria.
The minority government survived a no-confidence vote last week thanks to Kakabaveh and will need her support again on Wednesday to push its spring budget proposal through Parliament.
Kakabaveh, an independent lawmaker, says she has not yet decided how to vote and is waiting for the government to show its plans on issues close to her heart, including efforts to fight honor-based violence and oppression against women and girls in immigrant communities and how it will deal with Turkey’s demands.
“I don’t want them to retreat,” she says.
The prime minister’s office declined to comment.
The unusual situation has raised Kakabaveh’s political profile in Sweden and internationally. It has also exposed her to criticism that she is holding Sweden’s NATO bid hostage to advance her own agenda. Kakabaveh says she has received threats from both Turkish nationalists and Sweden’s far-right fringe.
“It is a terrible situation,” says Kakabaveh, 48. “But I don’t want to sit in a corner and say, ‘I’m scared.’ I left my family, my childhood, everything I had, to stand up for what I believe in.”
Kakabaveh, who grew up in a poor Kurdish home in western Iran, says she was just 13 in the late 1980s when she joined peshmerga fighters rebelling against the Islamic regime of Ayatollah Ruhollah Khomeini.
In her parliamentary office in Stockholm, she showed pictures of her teenage self in the rugged mountains between Iran and Iraq, a Kalashnikov slung over her shoulder.
The rebels fought against the Iranian regime and that of Iraqi President Saddam Hussein, who used chemical weapons against Kurdish villages.
Kakabaveh says many of her comrades and some relatives were killed. She breaks down in tears as she recalls the contrast between her life in Sweden and the hardship she left behind. For years after she arrived in Sweden as a refugee in 1992, the whirr of helicopters made her instinctively want to run for cover.
A socialist, Kakabaveh continued her political activism in Sweden, joining the Left Party and campaigning for gender equality in immigrant communities. Her activism against “honor culture” soon put her at odds with party colleagues who worried her work stigmatized Muslims. After years of tension, she left the party in 2019 and since then serves as an independent lawmaker in the 349-seat Parliament.
The governing Social Democrats in November struck a deal with Kakabaveh to work more closely with Kurdish autonomous authorities in northern Syria, led by the PYD political party. The PYD’s military arm, the YPG, with U.S. support played a key role in the fight against Islamic State militants.
Turkey makes no distinction between the Kurdish groups in Syria and the PKK, or Kurdistan Workers Party, which has led an armed insurgency against the Turkish state since 1984. Tens of thousands of people have been killed in the conflict. The group is considered a terrorist organization in Turkey, Europe and the U.S.
Kakabaveh has called for taking PKK off terror lists, which hasn’t gone unnoticed in Turkey.
“As you know, Sweden at the moment is a country that terror organizations like the PKK, PYD and YPG use as a playground,” Erdogan said in a speech last week. “In fact, there are terrorists even in this country’s parliament.”
Though he didn’t mention her by name, Kakabaveh says he is referring to her.
“For sure,” she says, adding, “I’ve never been a PKK member. I have even criticized them. But on the other hand, I think they have paid a price.”
Kakabaveh says she believes the NATO memberships stalemate will be resolved with a backroom deal between the U.S. and Turkey. If it isn’t, and Sweden is unable to join NATO because of her, Kakabaveh won’t have any regrets. She is against NATO membership anyway, saying it would undermine Sweden’s ability to be a voice for peace in the world.
“I am for disarmament,” she says. “The world needs more peace and diplomacy.”
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https://cw33.com/news/international/ap-international/former-kurdish-rebel-has-key-role-in-swedens-nato-bid/
| 2022-06-15T01:05:47Z
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WASHINGTON, Aug. 11, 2022 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), a stockholder-owned, federally chartered corporation that provides a secondary market for a variety of loans made to borrowers in rural America with the intent of increasing the availability and affordability of credit for the benefit of rural America, announced today that it has completed a $301.1 million securitization of agricultural mortgage loans.
"We are proud to announce the closing of the second transaction in the FARM Series, FARM 2022-1 agricultural mortgage-backed securitization (AMBS)," said President & Chief Executive Officer, Brad Nordholm. "The success of this transaction further demonstrates our capability to diversify long-term funding sources and use this conduit to generate additional revenue streams. Securitization is a tremendous opportunity for Farmer Mac, as developing this capital flow to agricultural producers exemplifies Farmer Mac's core mission to lower costs for borrowers and improve credit availability in rural America, while creating a new investment opportunity for institutional investors. We remain confident in our ability to navigate the current environment and to continue to pursue growth opportunities, including our focus on developing a vibrant and liquid AMBS market going forward."
The mortgage pool for FARM Series 2022-1 consists of 450 agricultural mortgage loans with an aggregate outstanding principal balance of approximately $301.1 million. The loans in the pool were underwritten to Farmer Mac's standards and acquired by Farmer Mac between January 2021 and November 2021. This deal included a $278.5 million senior tranche guaranteed by Farmer Mac and a $22.6 million unguaranteed subordinate tranche.
Credit Suisse Securities (USA) LLC acted as the structuring agent and sole bookrunner along with CastleOak Securities, L.P., as a selling group member. Dechert LLP served as legal advisor to Farmer Mac. Morgan, Lewis and Bockius LLP served as legal advisor to Credit Suisse Securities (USA) LLC and CastleOak Securities, L.P.
About Farmer Mac
Farmer Mac is a vital part of the agricultural credit markets and was created to increase access to and reduce the cost of credit for the benefit of American agricultural and rural communities. As the nation's secondary market for agricultural credit, Farmer Mac provides financial solutions to a broad spectrum of the agricultural community, including agricultural lenders, agribusinesses, and other institutions that can benefit from access to flexible, low-cost financing and risk management tools. Farmer Mac's customers benefit from its low cost of funds, low overhead costs, and high operational efficiency. More information about Farmer Mac (including the Annual Report on Form 10-K and the Quarterly Report on Form 10-Q) is available on Farmer Mac's website at www.farmermac.com.
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SOURCE Farmer Mac
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https://www.kxii.com/prnewswire/2022/08/11/farmer-mac-closes-3011-million-securitization-agricultural-mortgage-backed-securities-ambs/
| 2022-08-11T21:22:35Z
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NEW YORK, Aug. 29, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Enochian BioSciences, Inc. (NASDAQ: ENOB) between January 17, 2018 and June 27, 2022, both dates inclusive, (the "Class Period"), including common stock issued by Enochian in a private placement offering on or about February 16, 2018, of the important September 26, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Enochian BioSciences securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Enochian BioSciences class action, go to https://rosenlegal.com/submit-form/?case_id=6517 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 26, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) co-founder and inventor, Serhat Gumrukcu, was engaged in a variety of frauds; (2) Gumrukcu was not a licensed doctor anywhere in the world; (3) as a result of the foregoing, Gumrukcu's purported contributions to Enochian lacked a reasonable basis; (4) as a result of the foregoing, Enochian had overstated its commercial prospects; (5) Gumrukcu had improperly diverted approximately $20 million from Enochian to entities he owned; and (6) as a result of the foregoing, defendants' positive statements about Enochian's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Enochian BioSciences class action, go to https://rosenlegal.com/submit-form/?case_id=6517 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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https://www.mysuncoast.com/prnewswire/2022/08/29/rosen-recognized-investor-counsel-encourages-enochian-biosciences-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-enob/
| 2022-08-29T22:04:36Z
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Manatee County stepping up their focus on tackling problem of homelessness
BRADENTON, Fla. (WWSB) - Living on the street with no place to call home is the everyday reality for so many in Manatee County.
“We’ve got to approach this like we approached other emergencies and crisis in the county, at all angles possible” said Dr. Scott Hopes, Manatee County Administrator. “So we’re putting county resources into it, we have funding sources.”
The county is stepping up their focus on tackling this issue. They will be hiring a Homeless Program Coordinator at the suggestion of commissioner Carol Whitmore. That person will help coordinate services for people on the street and work closely with the cities of Bradenton and Palmetto. This issue hits close to home for Commissioner Misty Servia. She says she helped get her brother off the street years ago. He was clean and sober until his death last year.
“I had some basic knowledge of what the services were in the area and I said we’re going to do this, we’re going to do that, and he says anything, I just can’t sleep on the street,” said Servia.
As part of this, Manatee County will be looking at ways to improve the housing situation for the homeless. There are also plans for other newly created positions to help.
“I feel very optimistic about it, we covered a lot of ground as far as different solutions,” said Laura Licoski with Facing Homelessness Bradenton. “Talking about basically a task force of volunteers that can come in and meet monthly with the commissioners, to possibly throw some ideas around.”
Manatee County officials say they would like to have the Homeless Program Coordinator position filled within the next two weeks.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/04/21/manatee-county-stepping-up-their-focus-tackling-problem-homelessness/
| 2022-04-21T08:30:16Z
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(The Hill) – Black voters’ support for President Biden remains the highest among most demographics, but it has weakened since he took office, according to a recent Washington Post-Ipsos poll.
The poll of about 1,250 Black Americans found that 70 percent approve of how Biden is handling his job, but only 23 percent “strongly approve.” The results may signal Black voters’ frustration with a lack of progress Biden and congressional Democrats have made on certain key issues as the midterm elections approach.
Black voters consistently vote overwhelmingly in favor of Democratic candidates, and Biden carried Black voters in the 2020 presidential election with 92 percent of the vote, according to Pew Research Center. Biden was the first Democratic presidential nominee to win Georgia since 1992, at least in part a result of encouraging more Black Americans more Black Americans to vote.
The Post poll found that only 60 percent of respondents said they feel Biden is keeping most of his major campaign promises. Biden has backed several pieces of legislation related to issues that impact many Black voters, such as police reform and voting rights, but an evenly-divided Senate has allowed Republicans to block those measures. Democrats have a tie-breaking vote in Vice President Harris, but they need to attain at least 60 votes to overcome a filibuster and advance legislation.
More than 60 percent of respondents said they were disappointed or angry about Democrats’ failure to pass voting rights legislation, but more than 80 percent said they blame Biden “not at all” or “a little,” according to the Post.
Still, the number of respondents who said they think Biden is sympathetic to Black Americans’ problems dropped from 74 percent in 2020 to 66 percent. About 75 percent of those polled said Biden has done “a little” or “nothing” to reduce discrimination in the criminal justice system.
After federal legislation on police reform failed in the Senate, Biden signed an executive order to create a national database of officers who have been fired for misconduct and significantly limit chokeholds and no-knock warrants, but the order applies only to federal officials, not state or local officials. Biden has said he wants to continue to push for more comprehensive reforms, but a legislative path for that is uncertain.
Almost 90 percent of respondents said they would vote for the Democratic candidate in their congressional district in November, but only half said the outcome of the midterm elections matters “a great deal” to them. More than three-quarters said the same leading up to the 2020 election. Only 62 percent said they would “absolutely” vote this year, compared to 85 percent in 2020. The decrease in the number of Black voters who said they would definitely vote was 23 points compared to a 12-point drop for white voters.
Among a potential list of candidates for the 2024 presidential election, 43 percent said they would prefer Biden to be the nominee. Harris followed with 29 percent.
Half of those polled said Biden “has been good” for Black Americans, while only 4 percent said the same in 2020 for then-President Trump, who has been reported to be considering another run for the White House in two years.
The poll was conducted from April 21 to May 2 based on a random sample of 1,248 non-Hispanic Black adults and a partially overlapping sample of 977 adults. The margin of error is 3.5 percentage points.
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https://cw33.com/news/nexstar-media-wire/black-americans-less-enthusiastic-about-biden-voting-in-upcoming-election-than-in-2020-poll/
| 2022-06-04T21:17:42Z
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Online Advantages is Already Preparing for Search Engine Optimization in 2023
CHARLOTTE, N.C., Aug. 15, 2022 /PRNewswire/ -- Matt Maglodi, founder of the full service internet marketing company Online Advantages, is pleased to announce that his company is continuing to offer high performing search engine optimization services.
To learn about Online Advantages and the highly effective and innovative SEO services that they offer, please visit https://onlineadvantages.net/services-search-engine-optimization/.
As Maglodi noted, he and his team have been so busy successfully helping clients with SEO related services in 2022, they are already thinking ahead to 2023 and how their search engine optimization will continue to assist businesses by expanding their brand awareness, client base and visibility.
"Our experienced staff of knowledgeable marketing strategists, writers, content creators and web designers are enjoying an exceptional year, assisting our valued clients with all of their SEO needs," Maglodi said, adding that this has inspired him to prepare his team for an active 2023.
The SEO services that Online Advantages offers include organic search, on-page SEO, link building and keyword research/strategy and activity reports.
Maglodi said he and his team understand that when it comes to modern life, everything begins and ends with the Internet. They truly enjoy assisting clients in harnessing this amazing power—specifically by effectively handling and employing SEO techniques.
"Our team is not only highly skilled but is also passionate about ensuring that our clients are advertising effectively and growing their company's footprint. SEO offers a visible and effective search engine presence leading to a considerable increase of sales, profitability, and cost efficiency for our clients, allowing them to them to optimize their sales funnel," Maglodi noted, adding that SEO is the lifeline of online marketing.
"Everybody at Online Advantages is devoted to ending 2022 stronger than ever, and we are looking forward to next year and what we can continue to accomplish. We offer our valued clients a high quality and affordable package. Leave the rest up to us as our experts are trained on the latest guidelines from all major search engines."
Online Advantages is a unique full service internet marketing company. Founder Matt Maglodi specializes in all aspects of online marketing from video marketing, to pay per click advertising, organic search and social media. For more information, please visit https://onlineadvantages.net/.
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SOURCE Online Advantages
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https://www.mysuncoast.com/prnewswire/2022/08/15/online-advantages-continues-offer-high-performing-search-engine-optimization-services/
| 2022-08-15T23:34:12Z
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Study Showed Significant, Sustained Reduction in Lipoprotein(a) During Treatment Period
Lipoprotein(a) Reduction was Consistent With Phase 1 Results
THOUSAND OAKS, Calif., May 31, 2022 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced positive topline data from the Phase 2 OCEAN(a)-DOSE clinical study, evaluating olpasiran (formerly AMG 890) in 281 adult patients with Lipoprotein(a), or Lp(a), levels over 150 nmol/L and evidence of atherosclerotic cardiovascular disease (ASCVD). Olpasiran is a small interfering RNA designed to lower the body's production of apolipoprotein(a), a key component of Lp(a) that has been associated with an increased risk of cardiovascular events.
In the double-blind placebo-controlled treatment period, olpasiran was administered up to 225 mg subcutaneously every 12 weeks to patients with a median baseline Lp(a) of approximately 260 nmol/L. These data demonstrated a significant reduction from baseline in Lp(a) of up to or greater than 90 percent at week 36 (primary endpoint) and week 48 (end of treatment period) for the majority of doses. No new safety concerns were identified during this treatment period.
"Lp(a) has remained an elusive target since it was first discovered almost 60 years ago because diet and exercise have minimal influence on Lp(a) levels as do currently available medicines, leaving patients with limited options," said David M. Reese, M.D., executive vice president of Research and Development at Amgen. "We are very enthusiastic about these results and look forward to advancing olpasiran as a potential treatment for patients with elevated Lp(a)."
Data from the Phase 2 study will be presented at a future medical congress and submitted for publication.
Lp(a) is genetically determined1,2 and reported to be an independent risk factor for cardiovascular disease (CVD). Although an agreed upon threshold for elevated Lp(a) is not firmly established, approximately 20% of adults have Lp(a) >125 nmol/L (or approximately 50 mg/dL).3 Evidence has emerged from pathophysiological, epidemiologic, and genetic studies on the potential role of elevated Lp(a) in contributing to myocardial infarction, stroke, and peripheral arterial disease .2
The OCEAN(a) (Olpasiran Trials of Cardiovascular Events And LipoproteiN(a) Reduction) clinical program for Amgen's investigational olpasiran is designed to treat patients with atherosclerotic cardiovascular disease (ASCVD) and elevated Lp(a) levels to reduce the risk of cardiovascular events.
The OCEAN(a)-DOSE trial is a multicenter, randomized, double-blind, placebo-controlled dosefinding Phase 2 study in 281 subjects with ASCVD and Lp(a) >150 nmol/L. Patients were randomly assigned to one of four active subcutaneous doses of olpasiran (10 mg Q12 weeks, 75 mg Q12 weeks, 225 mg Q12 weeks or 225 mg Q24 weeks) or matched placebo. The primary endpoint is percent change from baseline in Lp(a) at 36 weeks. A secondary endpoint is percent change from baseline in Lp(a) at 48 weeks.
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing, and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2021, Amgen was named one of the 25 World's Best Workplaces™ by Fortune and Great Place to Work™ and one of the 100 most sustainable companies in the world by Barron's.
For more information, visit www.amgen.com and follow us on www.twitter.com/amgen.
This news release contains forward-looking statements that are based on the current expectations and beliefs of Amgen. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements, including any statements on the outcome, benefits and synergies of collaborations, or potential collaborations, with any other company (including BeiGene, Ltd., Kyowa-Kirin Co., Ltd., or any collaboration to manufacture therapeutic antibodies against COVID-19), the performance of Otezla® (apremilast) (including anticipated Otezla sales growth and the timing of non-GAAP EPS accretion), the Five Prime Therapeutics, Inc. acquisition, or the Teneobio, Inc. acquisition, as well as estimates of revenues, operating margins, capital expenditures, cash, other financial metrics, expected legal, arbitration, political, regulatory or clinical results or practices, customer and prescriber patterns or practices, reimbursement activities and outcomes, effects of pandemics or other widespread health problems such as the ongoing COVID-19 pandemic on our business, and other such estimates and results. Forward-looking statements involve significant risks and uncertainties, including those discussed below and more fully described in the Securities and Exchange Commission reports filed by Amgen, including our most recent annual report on Form 10-K and any subsequent periodic reports on Form 10-Q and current reports on Form 8-K. Unless otherwise noted, Amgen is providing this information as of the date of this news release and does not undertake any obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise.
No forward-looking statement can be guaranteed and actual results may differ materially from those we project. Discovery or identification of new product candidates or development of new indications for existing products cannot be guaranteed and movement from concept to product is uncertain; consequently, there can be no guarantee that any particular product candidate or development of a new indication for an existing product will be successful and become a commercial product. Further, preclinical results do not guarantee safe and effective performance of product candidates in humans. The complexity of the human body cannot be perfectly, or sometimes, even adequately modeled by computer or cell culture systems or animal models. The length of time that it takes for us to complete clinical trials and obtain regulatory approval for product marketing has in the past varied and we expect similar variability in the future. Even when clinical trials are successful, regulatory authorities may question the sufficiency for approval of the trial endpoints we have selected. We develop product candidates internally and through licensing collaborations, partnerships and joint ventures. Product candidates that are derived from relationships may be subject to disputes between the parties or may prove to be not as effective or as safe as we may have believed at the time of entering into such relationship. Also, we or others could identify safety, side effects or manufacturing problems with our products, including our devices, after they are on the market.
Our results may be affected by our ability to successfully market both new and existing products domestically and internationally, clinical and regulatory developments involving current and future products, sales growth of recently launched products, competition from other products including biosimilars, difficulties or delays in manufacturing our products and global economic conditions. In addition, sales of our products are affected by pricing pressure, political and public scrutiny and reimbursement policies imposed by third-party payers, including governments, private insurance plans and managed care providers and may be affected by regulatory, clinical and guideline developments and domestic and international trends toward managed care and healthcare cost containment. Furthermore, our research, testing, pricing, marketing and other operations are subject to extensive regulation by domestic and foreign government regulatory authorities. Our business may be impacted by government investigations, litigation and product liability claims. In addition, our business may be impacted by the adoption of new tax legislation or exposure to additional tax liabilities. If we fail to meet the compliance obligations in the corporate integrity agreement between us and the U.S. government, we could become subject to significant sanctions. Further, while we routinely obtain patents for our products and technology, the protection offered by our patents and patent applications may be challenged, invalidated or circumvented by our competitors, or we may fail to prevail in present and future intellectual property litigation. We perform a substantial amount of our commercial manufacturing activities at a few key facilities, including in Puerto Rico, and also depend on third parties for a portion of our manufacturing activities, and limits on supply may constrain sales of certain of our current products and product candidate development. An outbreak of disease or similar public health threat, such as COVID-19, and the public and governmental effort to mitigate against the spread of such disease, could have a significant adverse effect on the supply of materials for our manufacturing activities, the distribution of our products, the commercialization of our product candidates, and our clinical trial operations, and any such events may have a material adverse effect on our product development, product sales, business and results of operations. We rely on collaborations with third parties for the development of some of our product candidates and for the commercialization and sales of some of our commercial products. In addition, we compete with other companies with respect to many of our marketed products as well as for the discovery and development of new products. Further, some raw materials, medical devices and component parts for our products are supplied by sole third-party suppliers. Certain of our distributors, customers and payers have substantial purchasing leverage in their dealings with us. The discovery of significant problems with a product similar to one of our products that implicate an entire class of products could have a material adverse effect on sales of the affected products and on our business and results of operations. Our efforts to collaborate with or acquire other companies, products or technology, and to integrate the operations of companies or to support the products or technology we have acquired, may not be successful. A breakdown, cyberattack or information security breach could compromise the confidentiality, integrity and availability of our systems and our data. Our stock price is volatile and may be affected by a number of events. Our business and operations may be negatively affected by the failure, or perceived failure, of achieving our environmental, social and governance objectives. The effects of global climate change and related natural disasters could negatively affect our business and operations. Global economic conditions may magnify certain risks that affect our business. Our business performance could affect or limit the ability of our Board of Directors to declare a dividend or our ability to pay a dividend or repurchase our common stock. We may not be able to access the capital and credit markets on terms that are favorable to us, or at all.
The scientific information discussed in this news release related to our product candidates is preliminary and investigative. Such product candidates are not approved by the U.S. Food and Drug Administration, and no conclusions can or should be drawn regarding the safety or effectiveness of the product candidates. Further, any scientific information discussed in this news release relating to new indications for our products is preliminary and investigative and is not part of the labeling approved by the U.S. Food and Drug Administration for the products. The products are not approved for the investigational use(s) discussed in this news release, and no conclusions can or should be drawn regarding the safety or effectiveness of the products for these uses.
CONTACT: Amgen, Thousand Oaks
Michael Strapazon, 805-313-5553 (media)
Jessica Akopyan, 805-440-5721 (media)
Arvind Sood, 805-447-1060 (investors)
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SOURCE Amgen
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https://www.wibw.com/prnewswire/2022/05/31/amgen-announces-positive-topline-phase-2-data-investigational-olpasiran-adults-with-elevated-lipoproteina/
| 2022-05-31T13:51:34Z
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BEIJING (AP) — China is warning it will respond forcefully if U.S. House Speaker Nancy Pelosi proceeds with a visit to Taiwan, the self-governing island democracy it claims as its own territory.
Pelosi is second in line to the presidency and would be the highest ranking U.S. politician to visit Taiwan since 1997. China has threatened unspecified “resolute and strong measures” if she goes ahead, which analysts say could cause tensions to spike in the Taiwan Strait, considered a major potential Asian powder keg.
Here’s a look at what’s happening.
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WHY DOES PELOSI WANT TO VISIT TAIWAN?
Pelosi has been a staunch critic of China throughout her more than three decades in Congress, once unfurling a banner on Beijing’s Tiananmen Square memorializing those killed in the bloody crackdown on pro-democracy protesters in 1989. She was also a strong supporter of 2019 pro-democracy protests in Hong Kong, making her a target of caustic criticism from Beijing.
Taiwan enjoys strong bipartisan support in Congress, and Pelosi said last week it was “important for us to show support for Taiwan.” Taiwan’s President Tsai Ing-wen has defied Beijing’s threats and her administration has favored core democratic values and liberal policies close to Pelosi’s heart, including same-sex marriage and a strong social security net.
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WHY WOULD THE VISIT CAUSE A RISE IN TENSIONS?
China claims Taiwan as its own territory to be annexed by force if necessary and its military buildup in recent years has largely been oriented toward such a mission.
Beijing objects to all official contact between Taipei and Washington, and routinely threatens retaliation. This time, the stakes appear to be higher. China launched military exercises and fired missiles into waters near Taiwan in response to a 1995 visit to the U.S. by Taiwan’s then-President Lee Teng-hui, but it’s military capabilities have advanced massively since then.
While experts say it’s unlikely China would use force to prevent Pelosi’s U.S. government plane from landing in Taipei, its response remains unpredictable. Threatening military drills and incursions by ships and planes are considered potential scenarios that would set the entire region on edge.
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WHY IS THE TIMING SENSITIVE?
President Joe Biden’s administration is keen to keeping America’s crucial but often turbulent and highly complex relationship with China on an even keel.
Pelosi had planned to visit in April but postponed after getting COVID-19. She has declined to discuss reported plans to travel to Taiwan in coming weeks. That could coincide with China’s celebrations of the Aug. 1 anniversary of the founding of the People’s Liberation Army, the military wing of the ruling Communist Party, and possibly overlap with a planned phone call between Biden and President Xi Jinping.
A more robust Chinese response could also be driven by Xi’s desire to bolster his nationalist credentials ahead of a party congress later this year at which he is expected to seek a third five-year term in office. Xi’s expansion of his powers into every sphere and his hardline zero-COVID response to the domestic epidemic has sowed a degree of resentment and appealing to raw patriotism, particularly over Taiwan, might help him fend off criticism.
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WHAT IS TAIWAN’S ATTITUDE TOWARD A VISIT?
Tsai has been welcoming of all foreign dignitaries, serving and retired, from the U.S., Europe and Asia, using such visits as a bulwark against China’s refusal to deal with her government and relentless campaign of diplomatic isolation. Still, her rhetoric on such occasions has generally been relatively low-key, reflecting her own calm demeanor and possibly a desire not to further antagonize China, which remains a crucial economic partner, with around a million Taiwanese residing in mainland China.
The capital Taipei staged a civil defense drill Monday and Tsai on Tuesday attended annual military exercises, although there was no direct connection with tensions over a possible Pelosi visit. While the Taiwanese public strongly rejects China’s demands for unification, the ability of the island’s military to defend against the PLA without U.S. help is highly questionable, so shoring up the armed forces has been a hallmark of Tsai’s term in office.
Speaking Tuesday during the exercises, Defense Ministry spokesperson Sun Li-fang said the military was monitoring all movements of Chinese warships and aircraft around the island. “At the same time, we have the confidence and ability to ensure the security of our country,” Sun said.
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https://cw33.com/news/politics/ap-politics/explainer-why-is-a-pelosi-visit-to-taiwan-causing-tension/
| 2022-07-26T18:01:59Z
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Oreology: The study of the creme-filled cookie sandwich.
Haven't heard of it? Well, you've probably studied it -- experimenting with dunking, twisting and separating to find the best Oreo eating experience.
Whether you prefer the filling intact on one half of the cookie or spread evenly when you open it up, researchers have asked the long-plaguing question: How do you make sure you get the Oreo just the way you want it every time?
"When I was little, I tried twisting wafers to split the cream evenly between wafers so there's some on both halves -- which in my opinion tastes much better than having one wafer with a lot of creme and one with almost none. This was hard to do when I was trying it by hand," said Crystal Owens, lead author of a study published Tuesday in the journal American Institute of Physics and a researcher in mechanical engineering at the Massachusetts Institute of Technology.
So, she bumped it up a notch. Researchers devised an Oreometer, a device designed to split the cookie with a scientifically precise amount of torque (a measure of force used to rotate an object).
The hope was that with the perfect twist, researchers could manipulate the cookie's filling to distribute evenly between the two wafer cookies. Alas, they could not.
"We learned, sadly, that even if you twist an Oreo perfectly, the cream will almost always end up mostly on one of the two wafers, with a delamination of the cream, and there's no easy way to get it to split between wafers," Owens said. For those of us who are not Oreo scientists, delamination is when something splits apart into layers.
If you do manage to separate the cookie evenly, it likely wasn't the result of your delicate, precise work, according to the study. That has more to do with the level of adhesion between the creme and cookie, which is altered by some factor before it gets to your hands.
What that could be is a question for a later study.
"We didn't even begin to answer all of the questions someone could ask about Oreos or cookies, which is why we made our Oreometer, so anyone with access to a 3D printer can make other measurements," Owens said.
Serious science for a silly question
Randy Ewoldt, professor of mechanical engineering at the University of Illinois Urbana-Champaign, was reviewing the study one night when his 11-year-old son peeked over his shoulder.
He knows his dad works in rheology, a branch of physics that studies the flow of matter between liquids and solids, but like most kids, his dad's work doesn't hold his interest for too long. Until he saw the word Oreo on the paper, that is.
"When we talk about the physics of complicated materials, and there are many, the Oreo cookie creme is one that is accessible to many people immediately," Ewoldt said. "To bring people into a much more complicated world, this may serve as an entry way for that."
The study is in Owen's mind every time she has an Oreo, and now she hopes it will get people outside of the field curious as well.
"I hope people can use this information to improve their cookie eating when they twist open an Oreo, or when they dunk it in milk," Owens said. "I hope people can also take inspiration to investigate other puzzles in the kitchen in scientific ways.
"The best scientific research, even at MIT, is driven by curiosity to understand the world around us, when someone sees something weird or unknown and takes the time to think 'I wonder why that happens like that?'"
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.albanyherald.com/news/do-you-split-your-oreo-researchers-at-mit-explain-how-to-make-the-filling-stick/article_31be1468-01cb-5b3c-8af1-9d6e319e8bbf.html
| 2022-04-19T19:44:17Z
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Hot days with afternoon and evening storms in the weekend forecast
SARASOTA, Fla. (WWSB) - High pressure will again today be the driver of our weather. Nosing in from the Atlantic, the high will direct our wind flow out of the southeast.
This will push moisture our way and keep the atmosphere moist enough to ensure good rain chances into the weekend. Areas of low pressure will ripple along a stalled cold front to our north and bring slight wind shifts. This combination of factors will increase our rain chances as we move into the second half of the weekend and the start of the next work week.
The tropics remain slightly more active but still not a threat to the state of Florida. Some computer models are suggesting that one of the areas being monitored for development by the hurricane center will indeed develop in September.
In fact, the GFS model puts the tropical cyclone on the shore of Texas early in September. Other models are also coming onboard with developing the system, but several days later. Errors in 10-day tropical forecasts are enormous and so at this point, it is just something to watch until confidence in the forecast increases. However, it is a good reminder that now is the time to be ready for storms.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/08/26/hot-days-with-afternoon-evening-storms-weekend-forecast/
| 2022-08-26T12:45:37Z
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RCPD ramps up efforts to crack down on Aggieville violence
MANHATTAN, Kan. (WIBW) - The Riley Co. Police Department will ramp up efforts to crack down on crime in Aggieville.
Riley Co. Police Dept. Captain Josh Kyle tells 13 NEWS that officers have seen more violent incidents in the entertainment and shopping district known as Aggieville.
“We’re starting to see some violence in Aggieville,” said Cpt. Kyle. “This is the time of year when things kinda ramp up with school getting started and a lot of people wanting to go out and have some fun. We understand that.”
Along with a series of shootings in the past six months, officials are also still looking for the person who beat a man and left him unconscious with a brain bleed in an alley.
“We want people to come to Manhattan, we want them to come to Aggieville, we want them to have fun, we want them to spend money, we want them to be safe,” Cpt. Kyle said. “If they’re not safe and don’t feel like they’re safe, none of those other things are going to happen and I think it’s going to take us as a community to address these issues.”
Captain Kyle said what used to be fist fights now involved guns - especially since Kansas legalized open carry.
“We’re gonna watch lighting very closely,” Cpt. Kyle indicated. “We found a correlation between good lighting and reduction of incidents, positively enforced disorderly conduct. But, we can’t be everywhere all the time and these incidents take off very quickly.”
Cpt. Kyle also said that RCPD wants to have serious conversations with community stakeholders about the installation of more lighting and surveillance cameras to help investigations and discourage crime from happening in the first place.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/09/06/rcpd-ramps-up-efforts-crack-down-aggieville-violence/
| 2022-09-06T12:58:52Z
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The latest CBD product innovations make cannabinoids easier to take and accessible to a larger audience.
MILWAUKEE, June 28, 2022 /PRNewswire/ -- FAB CBD has just unveiled another exciting product in their already impressive lineup, as well as expanding their CBG oil flavor profile. Taking feedback from current and potential customers has resulted in an unflavored CBD+CBG oil, and a unique vegan softgel that delivers not only CBD, but also equal parts CBN, CBC, and CBG.
Shop FAB CBD products: www.fabcbd.com
Capsules and Softgels are one the hottest trends in the CBD industry, but most brands have been manufacturing gelatin-based delivery methods that focus solely on one cannabinoid– CBD. FAB's Complete Cannabinoid™ Softgels are easier to swallow and have a balanced profile of some of the most sought-after cannabinoids in the market. CBG, CBC, and CBN have been gaining popularity but have been cost prohibitive for many CBD companies to manufacture or for customers to afford.
The FAB CBD founder explains, "Keeping costs down for our customers has been a priority from day one, and we're excited to offer such a useful product at such an affordable price. People are learning more about cannabinoids and they want more options, so we listened and made something really special in the cannabinoid market."
Shop the new softgel, www.fabcbd.com/complete-cannabinoid
While CBD tinctures and gummies have been popular for years, many customers want a taste-free and no-mess product that they can take with them in their bag wherever they're going. Complete Cannabinoid™ Softgels fit the bill, and vegans and vegetarians across the country are cheering the choice to use plant extracts rather than animal sources for the gel cap material.
Another popular product in the FAB lineup is the 2400mg CBD+CBG oil, which had previously only been available in mint and citrus flavors. After polling customers for their preferences, FAB has added a "natural" flavor option, which contains no added flavoring at all. The earthy taste of hemp extract leads the way in this full spectrum formulation boasting a 1:1 ratio of CBD and CBG.
Shop unflavored CBD+CBG, www.fabcbd.com/cbg-oil
Since 2017, FAB CBD has been on a mission to support its customers through the creation of high-quality, affordable CBD products. Learn more about FAB CBD's story and mission here: www.fabcbd.com
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https://www.kxii.com/prnewswire/2022/06/28/fab-cbd-launches-complete-cannabinoid-softgel-new-cbg-oil-flavor/
| 2022-06-28T11:56:49Z
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New findings reveal the major US cities that will experience unusually high event volume and scale in June, so businesses and community leaders can prepare for upcoming demand surges
SAN FRANCISCO, May 26, 2022 /PRNewswire/ -- The June 2022 Event Index reveals 12 cities spanning the USA from Seattle, Washington to Baltimore, Maryland as set to experience very high volumes of large events in June. These event clusters will drive people movement and billions of dollars in demand as hundreds of thousands of people gather in overlapping impactful events, causing demand surges and crowds that businesses and community leaders can prepare for.
PredictHQ, the demand intelligence company, today released its June 2022 PredictHQ Event Index report. Companies such as Uber, Accor Hotels and Domino's Pizza use PredictHQ's intelligent event data to forecast demand more accurately. The Event Index is a simple entry point for companies to begin to proactively prepare for the multi-billion impact of events on demand each month.
The PredictHQ Event Index is a unique model for each of 40+ major US cities that identifies how substantial an impact events will have as a simple to understand score out of 20. This score is calculated for each city's baseline event activity based on five years of historical, verified event data and millions of events per location. This gives companies operating in those areas a simple summary to help them plan for any anticipated demand surges or drops.
An index score of 10 represents an average score for that city, a score above a 15 means the city is likely to be significantly busier than usual, and a score below an 8 means that city will likely be noticeably quieter than usual. Every city has its own baseline and scale to accommodate for the variation in their populations. For example, a score of an 18 in New York City will entail millions of people moving about the city, whereas a score of 18 in Wichita, Kansas will involve just over 100,000 people.
In June, the cities with the highest activity are:
- Seattle
- Philadelphia
- Chicago - particularly notable for a 16+ score every week in May
- Pittsburgh
- Colorado Springs
- San Francisco
Plus another 11 are detailed in the report as set to experience unusually high or low event activity in June.
"Major events continue to roar back, and the range and scale of large events week-by-week in the USA means most companies fail to accurately factor these into their demand planning or forecasting," said Campbell Brown, CEO of PredictHQ. "One cluster of events could drive six figures in sales in a single weekend for a restaurant in that city, but only if that business is ready for the surge. Knowing small businesses and city leaders often don't have resources for sophisticated demand forecasting, we built the Event Index to provide a simple metric for tracking upcoming demand surges and drops so they can plan with confidence."
PredictHQ tracks global events across 19 categories, accounting for attendance-based events like concerts, non-attendance-based events like school holidays and unscheduled events such as severe weather incidents. This breadth of event coverage is critical for the Event Index, as the peak weeks are caused by many overlapping large events.
For example, Philadelphia experienced unusually low event activity in the final week of May scoring 8.1, but then becomes the USA's busiest city in terms of unusually high event activity in the week of June 12 with a score of 17.8. This surge is caused by a combination of more than 80 events with 2,500+ attendees, including three festivals, a major expo, the New Balance Nationals and a couple of concerts that will attract 50,000+ attendees each.
"Many companies rely on rolling weekly or monthly averages to forecast demand, so without factoring in the dynamic nature of events, many will be understaffed, out of stock and stressed," Brown says. "While these events in Philadelphia will cause major demand surges for businesses nearby, companies and communities also need to factor in how the school holidays per district will impact demand patterns, which will impact more than 255,000 students and their families."
While the Event Index provides an accurate look ahead at people movement, it is designed to be a simple and accessible summary of the demand intelligence PredictHQ offers – particularly for large companies operating worldwide. Industry leaders in on-demand, accommodation, QSR and transport use PredictHQ's verified and enriched event data to inform staffing decisions, pricing and inventory strategies, and many other core business functions.
For more information on PredictHQ please visit www.predicthq.com.
About PredictHQ
PredictHQ, the demand intelligence company, empowers global organizations to anticipate changes in demand for their products and services through intelligent event data. PredictHQ aggregates events from 350+ sources and verifies, enriches, and ranks them by predicted impact so companies can proactively discover catalysts that will impact demand.
Media Contact:
media@predicthq.com
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https://www.kxii.com/prnewswire/2022/05/26/seattle-chicago-philadelphia-9-more-cities-set-huge-demand-surges-due-events-june-2022/
| 2022-05-26T11:16:21Z
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DALLAS (KDAF) — Star Wars fans were treated last night (myself included).
After being told that the first two episodes of the new Obi-Wan Kenobi show were going to be released at midnight PT, Disney announced that they would release three hours early, at 9 p.m. PT.
Now that the first two episodes are out, social media reaction seems to be in favor of the limited series. Though, after a while, there are bound to be criticisms given the fandom’s usual reaction to new Star Wars content.
The first two episodes are filled with exciting narrative threads, great action set pieces and callbacks to previous Star Wars films.
If you have some free time this weekend, this series is a breeze. The official runtime for the first episode is 55 minutes, however, there is a more than four-minute recap (in case you haven’t watched the prequels) and about four-to-five minutes of credits at the end, making this closer to 45-50 minutes long.
Editor’s note: if you have not watched the Star Wars prequels (episodes 1-3), do so prior to watching this show.
The official runtime for the second episode is about 44 minutes, but again after the credits, the actual runtime is shorter.
These episodes are available on Disney+.
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https://cw33.com/news/after-a-surprise-early-premiere-first-two-episodes-of-obi-wan-kenobi-series-now-out-on-disney/
| 2022-05-27T20:25:35Z
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ATLANTA, Aug. 3, 2022 /PRNewswire/ -- IHG Hotels & Resorts is reminding the world what it feels like to be a guest. The company's newest global marketing campaign, Guest How You Guest, is a celebration of hotels and taking a break from having to do it all. IHG is passionate in its belief that when people are taken care of – they feel free to be themselves and live their best lives. With Guest How You Guest, the company is sharing that message loudly through vibrant images and fresh storytelling.
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/8990151-ihg-hotels-resorts-guest-how-you-guest/
As one of the world's largest hospitality companies, IHG has been busy expanding its portfolio and growing its brands over the last several years. The company surpassed 6,000 hotels around the world this year, launched a stronger, reimagined loyalty program with IHG One Rewards, and released a sleek new mobile app that brings it all to life for guests. Now it's time to put that progress to work, doing what IHG has always done best, making guests feel special and welcome.
Officially launching in the US and UK on August 3, 2022, and globally later this year, the multimillion-dollar Guest How You Guest campaign amplifies true-to-life travel moments and shows how guests can define their own journey at IHG hotels. Whether it's sports fans staying at a Holiday Inn Express to support their team on the road, a Kimpton Hotels & Restaurants guest taking their work calls poolside, or a couple celebrating with all the room service at an InterContinental Hotels & Resorts property – they all experience the heartfelt care IHG hotels provide. It goes beyond all are welcome; it's that all are welcomed to be cared for.
Claire Bennett, Global Chief Customer Officer for IHG, said: "When you look around, it's hard not to notice that travelers are increasingly left to fend for themselves, and that's simply not what being a guest should feel like. We have a mantra we say at IHG – we're real people taking care of real people, and Guest How You Guest embodies that. The images and content are engaging and beautiful, but they are also authentic and send a message that you don't always have to do everything. We're here to take care of all of you."
Backed by the most extensive media campaign investment IHG has ever made for loyalty, Guest How You Guest reflects a playful perspective of a personalized stay at an IHG hotel. It evokes a desire to travel, explore and indulge. The images and videos will appear online, in television ads, magazines, billboards, murals and even subway stations. It's designed to inspire the next generation of travelers while engaging with current IHG One Rewards members.
Armando Flores, Executive Creative Director, Grey New York, said: "When you are a guest at IHG Hotels & Resorts, you are not just staying somewhere, you're actually being looked after and able to guest in whatever way that works for you – and that's the story we are telling with this campaign. We turned to New York photographer Meredith Jenks, known for her bold, vibrant photography from the fashion and editorial world. The vivid imagery along with an aesthetic that embraces the messy moments make Guest How You Guest stand out."
Further Campaign Details:
- Vignettes: The vignettes in each spot showcase various ways to guest at IHG properties and feature groups of diverse characters. This not only shows that IHG Hotels & Resorts can accommodate a variety of travel needs, but that IHG celebrates all of you.
- Advertising: There are a variety of spots, including the following:
- Social: Guest How You Guest is coming to life on social through Facebook, Instagram, Twitter, Pinterest, and TikTok. Customized stop motion and triptic assets were created to stand-out amongst live video and static carousels present in most feeds.
- Media: In addition to video and social, the Guest How You Guest campaign can be seen in city takeovers in the US (New York, Chicago, and Los Angeles) and UK (London), as well as print publications across the US and UK.
For more information on IHG One Rewards, visit IHGOneRewards.com.
About IHG Hotels & Resorts
IHG Hotels & Resorts is a global hospitality company, with a purpose to provide True Hospitality for Good.
With a family of 17 hotel brands and IHG One Rewards, one of the world's largest hotel loyalty programmes, IHG has over 6,000 open hotels in over 100 countries, and more than 1,800 in the development pipeline.
- Luxury & Lifestyle: Six Senses Hotels Resorts Spas, Regent Hotels & Resorts, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotels & Restaurants, Hotel Indigo
- Premium: voco hotels, HUALUXE Hotels & Resorts, Crowne Plaza Hotels & Resorts, EVEN Hotels
- Essentials: Holiday Inn Hotels & Resorts, Holiday Inn Express, avid hotels
- Suites: Atwell Suites, Staybridge Suites, Holiday Inn Club Vacations, Candlewood Suites
InterContinental Hotels Group PLC is the Group's holding company and is incorporated and registered in England and Wales. Approximately 325,000 people work across IHG's hotels and corporate offices globally.
Visit us online for more about our hotels and reservations and IHG One Rewards. To download the new IHG One Rewards app, visit the Apple App or Google Play stores.
For our latest news, visit our Newsroom and follow us on LinkedIn, Facebook and Twitter.
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https://www.kxii.com/prnewswire/2022/08/03/ihg-hotels-amp-resorts-debuts-trailblazing-new-global-campaign-guest-how-you-guest-inviting-all-travelers-be-their-authentic-selves/
| 2022-08-03T15:19:05Z
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State Senator Dennis Pyle launches bid for governor as independent
Senator Pyle names his running mate for Lt. Governor
TOPEKA, Kan. (WIBW) - State Senator Dennis Pyle will run for Kansas Governor as an independent and has officially named his running mate, but the pair needs petition signatures in order to appear on the ballot.
Senator Pyle made the announcement on Tuesday, June 7, that he is running for governor, but the former republican recently changed his party to unaffiliated in order to pursue the office.
Pyle is a Hiawatha resident who served one term in the Kansas House and currently serves in the Kansas Senate, District 1 which covers five counties in NE Kansas.
Pyle has also selected his running-mate for Lt. Governor as Kathleen E. Garrison from Haysville, Kansas. Garrison also changed her party affiliation to Unaffiliated to pursue the office of Lt. Governor. Since Pyle and Garrison missed the deadline to file for the Governor’s race, they must gather 5,000 qualified voters’ signatures by August 1 in order to appear on the November ballot.
Garrison has been a business owner for more than 25 years. She earned her Bachelor’s of Science in Political Science, with a 4.0-grade point average (GPA), back in 2019. Then in 2020, she continued to earn her Executive MS in Diplomacy and International Relations from Seton Hall University.
Following Pyle’s announcement, C.J. Grover, spokesperson for presumed Republican nominee Derek Schmidt’s campaign, released the following statement:
“Dennis Pyle is a fake conservative who just wants attention. He stood with pro-abortion legislators to nearly derail the Value them Both amendment. He sided with Laura Kelly, Hillary Clinton’s lawyers, and the ACLU against our Republican majority in the Legislature on redistricting maps. Now, he’s trying to help Laura Kelly and Joe Biden again with a vanity run for governor.”
Emma O’Brien, spokesperson for the Kansas Democratic Party said Pyle’s filing is a sign Schmidt lacks support from his own party:
“As Republicans flock to support Governor Laura Kelly because of her track record as a fiscally responsible and unifying leader, Schmidt continues to have problems with his own party. First, he was forced to pick an unknown political operative as his running mate on the last day of filing despite being the presumptive nominee for almost a year, and now a Republican legislator who served with Schmidt launched a third party campaign – starting with an attack on Schmidt. It’s clear there’s no confidence in Schmidt’s ability to be Kansas’ next Governor.”
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/06/07/state-senator-dennis-pyle-launches-bid-governor-independent/
| 2022-06-07T18:33:14Z
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NEW ORLEANS, May 26, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Cornerstone Building Brands, Inc. (NYSE: CNR) to affiliates of Clayton, Dubilier & Rice. Under the terms of the proposed transaction, shareholders of Cornerstone will receive only $24.65 in cash for each share of Cornerstone that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-cnr/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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https://www.mysuncoast.com/prnewswire/2022/05/26/cornerstone-building-investor-alert-by-former-attorney-general-louisiana-kahn-swick-amp-foti-llc-investigates-adequacy-price-process-proposed-sale-cornerstone-building-brands-inc-cnr/
| 2022-05-26T22:31:16Z
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Access to instant bindable quotes now available on Prime 250
PLEASANTON, Calif., Sept. 8, 2022 /PRNewswire/ -- Cowbell, the leading provider of cyber insurance for small and medium-sized enterprises (SMEs), today announced application programming interfaces (APIs) for Prime 250, its flagship cyber insurance product for businesses with revenue up to $250 million. With API integration now available for both Prime 100 and now Prime 250, insurance digital aggregators can integrate directly to Cowbell's platform, enabling quick and efficient cyber insurance quoting.
SMEs represent nearly two-thirds of the American economy, yet there is still ongoing demand for digital and adaptable insurance solutions. Cowbell's API integration directly accelerates the adoption of cyber insurance to SMEs, bringing flexibility and scalability to digital insurance aggregators who serve independent insurance agents with various carrier insurance programs. The integration multiplies options for agents to prepare quotes and for policyholders to access cyber coverage, establishing it as a robust option for cyber coverage and an efficient means to reach deeper into the SME market.
"We welcome Cowbell's approach to digital insurance where businesses can get a relevant quote in real-time and activate their cyber coverage immediately," says Brian Thornton, CEO at ProWriters. "With the demand for cyber insurance exploding, we are pleased to see Cowbell's Prime 250 available via API which brings breadth of coverage and product flexibility to the market."
"Cowbell remains the only cyber insurance provider to instantly deliver, through APIs, bindable quotes," said Rajeev Gupta, co-founder and CPO at Cowbell. "As SMEs continue their digital transformation journey, agents are able to provide immediate quoting, bringing cyber insurance to the backbone of America's economy. SMEs get access to cyber coverages all while benefiting from an immediate assessment of risk and Cowbell risk resources, such as risk engineering, bundled with their cyber policies."
In August 2021, Cowbell announced the industry's first distribution of APIs, offering integration of Cowbell Prime 100. This allowed insurance digital aggregators to streamline the digital distribution of cyber insurance by direct integration and instant quoting of the Prime 100 platform.
Cowbell is signaling a new era in cyber insurance by harnessing technology and data to provide small and medium-sized enterprises (SMEs) with advanced warning of cyber risk exposures bundled with cyber insurance coverage adaptable to today and tomorrow's threats. In its unique AI-based approach to risk selection and pricing, Cowbell's continuous underwriting platform, powered by Cowbell Factors, compresses the insurance process from submission to issue to less than 5 minutes. Cowbell Insurance Agency is currently licensed in 50 U.S. states and the District of Columbia. Cowbell Reinsurance Company is a licensed insurance captive in the State of Vermont. For more information, please visit www.cowbell.insure.
ProWriters was founded in 2012 as a wholesaler offering Errors and Omissions (E&O), Directors and Officers (D&O), Employment Practices Liability (EPL), Crime, and Cyber Insurance for all businesses. In 2018 ProWriters launched Cyber IQ, a comparative rating platform for cyber insurance where brokers can instantly market their accounts and canvas the market to efficiently find the best terms for their clients while automating the coverage comparison process. ProWriters has focused on using technology to make the placement of SME business more efficient for retailers and carriers, bringing better terms to retailer's clients, while at the same time marrying that technology with product expertise. For more information, please visit www.prowritersins.com
Media Contact
John Kreuzer
Lumina Communications for Cowbell Cyber
Cowbell@LuminaPR.com
408-963-6418
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SOURCE Cowbell Cyber
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https://www.kxii.com/prnewswire/2022/09/08/cowbell-expands-api-based-quoting-flagship-cyber-insurance-offering/
| 2022-09-08T13:45:04Z
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Puppy found safe after being stolen from Pennsylvania SPCA’s Philly headquarters
By Jaclyn Lee
Click here for updates on this story
PHILADELPHIA (WPVI) — A puppy that was stolen from the Pennsylvania SPCA’s Philadelphia headquarters has been located, according to officials.
The PSPCA said surveillance video captured a woman stealing “Wendy,” a white terrier mix, out of her kennel around 2:19 p.m. Sunday. She then placed the puppy in her purse before leaving the building.
“It’s horrifying,” said Gillian Kocher of the Pennsylvania SPCA. “I think it’s also very blatant what happened here. There is no question here that the intent was to take this animal and leave the building with it.”
Kocher said one of the worst parts of this alleged crime was that Wendy was already adopted. She says there was a piece of paper on the kennel clearly saying so.
“This is a theft,” said Kocher. “They took an animal, which is considered property in the state of Pennsylvania, out of our facility. This animal was waiting to be altered and had already been adopted, so it had a family waiting for it.”
Around 9 p.m., PSPCA officials announced that the dog was turned over to the Philadelphia Police Department, but the alleged dognappers are still on the loose.
Kocher said the PSPCA confirmed via microchip that the pup was indeed Wendy and that she was in good health.
She said the PSPCA has multiple leads and plans on prosecuting the individuals to the fullest.
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.
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https://localnews8.com/cnn-regional/2022/05/09/puppy-found-safe-after-being-stolen-from-pennsylvania-spcas-philly-headquarters/
| 2022-05-09T16:58:16Z
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- Hundreds of Aspen Dental offices to open doors for annual Day of Service, honoring veterans
- Veterans and their families can call 1-844-277-3646 to schedule an appointment
CHICAGO, May 27, 2022 /PRNewswire/ -- On Saturday, June 11, participating Aspen Dental locations nationwide will open their doors to provide free care to military veterans across the country. Now in its 8th year, the Aspen Dental Day of Service provides much-needed dental care for veterans and their families at no cost to honor their service and break down barriers to health care.
Appointments are still available for veterans in New York, at the following Aspen Dental locations:
- Blasdell, New York (Hamburg)
- Cheektowaga, New York
- Commack, New York
- Dunkirk, New York
- Horseheads, New York
- Lakewood, New York
- Latham, New York
- Mohegan Lake, New York
- New Hartford, New York
- Olean, New York
- Oneonta, New York
- Rensselaer, New York (East Greenbush)
- Saratoga Springs, New York
- Tonawanda, New York
Veterans and their families can call 1-844-277-3646 (1-844-ASPENHMM) to find a participating Aspen Dental office in their community and schedule an appointment. Advance appointments are required. During the Day of Service, Aspen Dental dentists and teams focus on treating the most urgent dental needs to help get veterans out of pain, from fillings and extractions to hygiene and basic denture repairs.
Millions of Americans struggle to access dental care every year, and veterans are no exception. In fact, U.S. veterans are ineligible for dental benefits through the Veterans Administration unless they're 100% disabled, have a service-related mouth injury, or were a prisoner of war.
Visit www.HealthyMouthMovement.com to learn more.
About Aspen Dental
Aspen Dental was founded in 1998 in New York by Bob Fontana with a simple goal in mind: to break down the barriers that doctors and patients face when it comes to dental care. Today, more than 20 years later, with nearly 1,000 Aspen Dental locations nationwide, the mission of the company remains the same – to bring better care to more people. Aspen Dental is the largest group of branded dental offices in the world. For more information, visit aspendental.com, and follow us on Facebook, Twitter, and LinkedIn.
About TAG – The Aspen Group
TAG – The Aspen Group was built on the simple idea of bringing better health care to more people. TAG and the independent health care practices it supports operate more than 1,100 locations in 45 states through its four health care support companies: Aspen Dental®, ClearChoice Dental Implant Centers®, WellNow Urgent Care® and Chapter Aesthetic StudioSM. Combined, the companies serve more than 35,000 patients a day and more than 8 million patients each year. TAG is headquartered at 800 W. Fulton Market in Chicago. For more information, visit teamtag.com, and follow us on LinkedIn and Twitter.
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SOURCE Aspen Dental
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https://www.mysuncoast.com/prnewswire/2022/05/27/free-dental-care-military-veterans-their-families-saturday-june-11-with-appointments-still-available-new-york/
| 2022-05-27T16:44:44Z
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DALLAS, July 7, 2022 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) will webcast its second quarter 2022 earnings conference call on Tuesday, July 26, at 3:30 p.m. Central time. Rafael Lizardi, senior vice president and chief financial officer, and Dave Pahl, vice president and head of Investor Relations, will discuss TI's financial results and answer questions from the investor audience.
You can access the audio webcast on the Investor Relations section of the company's website at www.ti.com/ir. An archived copy of the webcast will be available shortly after the call concludes.
About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It's what we do and have been doing for decades. Learn more at TI.com.
TXN-G
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SOURCE Texas Instruments Incorporated
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https://www.wibw.com/prnewswire/2022/07/07/texas-instruments-webcast-q2-2022-earnings-conference-call/
| 2022-07-07T15:42:39Z
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ST. LOUIS, Aug. 15, 2022 /PRNewswire/ -- Ameren Illinois Company, a subsidiary of Ameren Corporation (NYSE: AEE), announced today the pricing of a public offering of $500 million aggregate principal amount of 3.85% first mortgage bonds due 2032 at 99.827% of their principal amount. The transaction is expected to close on Aug. 29, 2022, subject to the satisfaction of customary closing conditions.
Ameren Illinois intends to use the net proceeds of the offering to repay at maturity $400 million principal amount of its 2.70% senior secured notes due Sept. 1, 2022, and to repay a portion of its short-term debt.
BNY Mellon Capital Markets, LLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, Truist Securities, Inc. and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.
The offering is being made only by means of a prospectus and related prospectus supplement. A prospectus supplement related to the offering will be filed with the Securities and Exchange Commission. Copies of the prospectus supplement and accompanying prospectus, when available, for the offering may be obtained on the Securities and Exchange Commission's website at www.sec.gov, or by contacting Mizuho Americas LLC, 1271 Avenue of the Americas, 3rd Floor, New York, NY 10020, Attention: Debt Capital Markets, phone: 1-866-271-7403. This press release does not constitute an offer to sell or a solicitation of an offer to buy the first mortgage bonds and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful.
About Ameren Illinois
Ameren Illinois delivers energy to 1.2 million electric and 800,000 natural gas customers in Illinois. Our mission is to power the quality of life. Our service territory covers more than 1,200 communities and 43,700 square miles. For more information, visit AmerenIllinois.com, find us on Twitter @AmerenIllinois or Facebook.com/AmerenIllinois.
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SOURCE Ameren Corporation
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https://www.mysuncoast.com/prnewswire/2022/08/15/ameren-illinois-announces-pricing-first-mortgage-bonds-due-2032/
| 2022-08-15T23:32:30Z
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PITTSBURGH, April 7, 2022 /PRNewswire/ -- "I wanted to create a simple and stylish accessory for transporting hand sanitizer," said an inventor, from Aurora, Colo., "so I invented the BRACELET HAND SANITIZER. My design enables you to keep hand sanitizer handy to help protect against germs and viruses."
The invention ensures that hand sanitizer is readily accessible when needed. In doing so, it eliminates the need to transport a traditional sanitizer bottle in a pocket or purse. As a result, it increases convenience and style and it helps to prevent the spread of germs. The invention features a fashionable and functional design that is easy to wear and use so it is ideal for the general population. Additionally, it is producible in design variations.
The original design was submitted to the Denver sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-DNV-295, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp
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https://www.kxii.com/prnewswire/2022/04/07/inventhelp-inventor-develops-accessory-transporting-hand-sanitizer-dnv-295/
| 2022-04-07T16:51:15Z
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Groundbreaking Colombian study will still have major impact on Alzheimer's prevention research
PHOENIX, June 16, 2022 /PRNewswire/ -- A precedent-setting prevention trial in Colombia has found that the investigational medicine crenezumab did not slow or prevent decline in cognition or memory for cognitively healthy people with a rare genetic mutation that causes early-onset Autosomal Dominant Alzheimer's Disease (ADAD).
The trial did not demonstrate a statistically significant clinical benefit in either of its co-primary endpoints assessing the rate of change in cognitive abilities or episodic memory function, measured by the Alzheimer's Prevention Initiative (API) ADAD Composite Cognitive Test Score and the Free and Cued Selective Reminding Test (FCSRT) Cueing Index, respectively. Small numerical differences favoring crenezumab over placebo were observed across the co-primary and multiple secondary and exploratory endpoints, but they were not statistically significant.
Further analyses of clinical and biomarker data are ongoing and initial findings will be presented at the Alzheimer's Association International Conference (AAIC) on August 2, 2022. No new safety issues were identified during the study.
"We're disappointed that the treatment did not demonstrate a statistically significant clinical benefit," said Eric M. Reiman, MD, Banner Alzheimer's Institute executive director and one of the API study leaders. "At the same time, we're grateful for the impact that this pioneering study has had in shaping a new era in Alzheimer's prevention research, and we're extremely grateful to our research participants and their families. This trial, the data, samples, and findings that we'll share with the research community, and the related work that we and others are doing promise to further accelerate the evaluation and approval of future prevention therapies."
Crenezumab is an investigational monoclonal antibody that binds to and interferes with the potentially harmful effects of amyloid oligomers, soluble clumps of amyloid that may contribute to the development of Alzheimer's disease. It was designed to minimize the inflammatory brain cell response that has been postulated to contribute to the risk of ARIA (Amyloid-Related Imaging Abnormalities), including brain magnetic resonance imaging evidence (MRI) of fluid accumulation (edema), bleeding, or the clinical side effects to which they may be related.
The API ADAD Trial compared cognitive and biological changes over 5-8 years in 252 cognitively unimpaired members of the world's largest ADAD kindred, including carriers of the Colombian "Paisa" mutation (presenilin 1 [PSEN1] E280A). Carriers of the rare mutation are virtually certain to develop Alzheimer's and tend to become cognitively impaired by around age 44. The trial included mutation carriers who were randomly assigned to receive crenezumab, carriers who were randomly assigned to receive placebo, and non-carriers from the kindred who also received placebo. Remarkably, 94% of the participants completed the trial.
The trial developed groundbreaking research strategies and methods that have helped shape Alzheimer's prevention research, led to a growing number of prevention trials in cognitively unimpaired persons at biological risk for Alzheimer's, and sped up the effort to find effective prevention therapies and support their potential approval. It also established a precedent-setting commitment to the sharing of trial data and samples with the field to have the greatest possible impact. In addition, it provides the opportunity to explore the impact of treatment in mutation carriers who did or did not have PET evidence of amyloid plaques when the study began and to inform the design of future primary and secondary prevention trials.
This trial was a partnership between Banner Alzheimer's Institute's API, the Neurosciences Group (GNA) at the University of Antioquia in Colombia, the pharmaceutical company Roche (SIX: RO, ROG; OTCQX: RHHBY), and the National Institute on Aging (NIA) of the National Institutes of Health (NIH).
"I wholeheartedly thank the dedicated researchers who designed and conducted this trial, the heroic families who participated, and the many others who supported this historic trial," said Pierre N. Tariot, MD, Banner Alzheimer's Institute director and one of the other API study leaders.
The API ADAD Trial was the first NIH-supported and potentially label-enabling prevention trial of an investigational Alzheimer's disease-modifying treatment in persons at biological risk for the disease. It was supported by two NIA grants, funding from Roche, and generous philanthropic contributions to Banner Alzheimer's Foundation. When then-NIH Director Francis S. Collins, MD, PhD, announced the trial at the first NIH AD Summit in 2012, he called it "a cornerstone in the National Plan to Address AD."
"We offer our deepest thanks to the people who participated in this important clinical trial, for their help in advancing our understanding of the complexities of Alzheimer's disease and related dementias," Richard J. Hodes, MD, NIA director. "We look forward to learning more from the full data, which will provide guidance for further research since every new piece of knowledge brings us closer to effective prevention strategies and treatments."
More than 15 years ago, API researchers began forging a close working relationship with GNA at the University of Antioquia, which played the primary role in conducting the trial in Colombia. For three decades, long before the API trial began, GNA Director Francisco J. Lopera, MD, and his colleagues had followed and built close relationships with the affected families. With API support, GNA has now identified more than 6,000 members of the Colombia kindred in 26 extended families, including about 1,200 who carry the ADAD mutation, and it played the primary role in trial engagement, enrollment, and assessments. ADAD represents less than one percent of all cases of Alzheimer's.
"The courage of the Antioquia families, their support for each other, and their belief in the potential of research have made possible all that we have learned through this study," said Dr. Lopera. "We will continue to work closely with our families and research partners, and we will never give up in our effort to find effective Alzheimer's prevention therapies as soon as possible."
Since the trial's early planning stages, Genentech, a member of the Roche Group, provided crucially important clinical trial expertise, a shared commitment to the ambitious prevention trial goals, and the investigational medicine, crenezumab, chosen by API and the University of Antioquia's GNA for the study.
"We are grateful for the trial participants and their families and are humbled to have been part of this important study over the past decade," said Rachelle Doody, MD, PhD, Global Head of Neurodegeneration at Roche and Genentech. "We also recognize and thank our fellow academic and scientific collaborators whose unique expertise brought together unparalleled knowledge of the Colombian kindred community and deep experience in developing measures and evaluating interventions in populations at risk for or affected by Alzheimer's disease. We remain committed to contributing further scientific evidence to advance how Alzheimer's disease is understood, diagnosed and treated."
In addition to several ongoing prevention trials in cognitively unimpaired older adults with biomarker evidence of Alzheimer's disease, other prevention trials are in the planning stages. They include possible trials in cognitively unimpaired Colombian PSEN1 E280A mutation carriers and in cognitively unimpaired older adults with one or two copies of the APOE4 gene, the major genetic risk factor for developing Alzheimer's at older ages, starting before or after they have biomarker evidence of amyloid plaques, and additional trials in cognitively unimpaired older adults with biomarker evidence of the disease.
This research was funded in part by NIH grants RF1AG041705 and R01AG055444 from the National Institute on Aging, the primary U.S. federal agency supporting and conducting Alzheimer's disease research.
For more information, contact:
Jen Fenter, Banner Alzheimer's Institute
Jennifer.Fenter@bannerhealth.com
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SOURCE Banner Alzheimer's Institute
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https://www.mysuncoast.com/prnewswire/2022/06/16/landmark-alzheimers-prevention-trial-unable-show-significantly-slower-cognitive-decline-inherited-form-disease/
| 2022-06-16T06:30:26Z
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NEW YORK, June 14, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Netflix, Inc. (NASDAQ: NFLX) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Netflix common stock or call options, or sold put options, between January 19, 2021 and April 19, 2022, inclusive.
Lead Plaintiff Deadline: July 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in NFLX:
https://www.kleinstocklaw.com/pslra-1/netflix-inc-loss-submission-form-2?id=28433&from=4
Netflix, Inc. NEWS - NFLX NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Netflix, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Netflix was exhibiting slower acquisition growth due to, among other things, account sharing by customers and increased competition from other streaming services; (2) the Company was experiencing difficulties retaining customers; (3) as a result of the foregoing, the Company was losing subscribers on a net basis (4) as a result, the Company's financial results were being adversely affected; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Netflix, Inc. you have until July 5, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Netflix, Inc. securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the NFLX lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/netflix-inc-loss-submission-form-2?id=28433&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
View original content:
SOURCE The Klein Law Firm
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https://www.kxii.com/prnewswire/2022/06/14/nflx-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-5-2022-class-action-filed-behalf-netflix-inc-shareholders/
| 2022-06-14T11:19:02Z
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First-of-its-kind In-Store Market Solution enables retailers to simplify management of brick and mortar audio and display advertising
INDIANAPOLIS, Aug. 10, 2022 /PRNewswire/ -- The In-Store Marketplace (ISM) platform launches today as an open initiative in which trusted media service providers, including Vibenomics, Mood Media, Sellr Technologies, FuelMedia TV, WaterStation Technology, and others, will provide a consistent, ubiquitous, single-point of integration for any in-store Retail Media platform. This solution enables retail media to easily access a variety of digital audio and display inventory.
"The definition of retail media is broadening," said Brent Oakley, Vibenomics CEO. "Multi- and omni-channel shopping journeys already expose customers to a wide variety of visual and audio, print and digital, and experiential communication via in-store merchandise displays. Key to the continuation and evolution of that journey is the existence of a marketplace that provides easily-accessible common inventory for in-store media and ad-serving tech."
The In-Store Marketplace platform was created as a centralized eco-system where in-store media publishers can more effectively manage campaigns through the ISM Ad-Server and ISM portal – providing oversight of retail media pricing, yield management and reporting on buying activity. Publishers who work alongside retailers will be able to integrate the In-Store Marketplace directly into their respective retail media platforms. Providers, such as Citrus Ad, are then able to expand their unified offering to include in-store without the challenges of integrating the disparate in-store media systems.
"Mood Media is continually looking for innovative ways to add incremental value to our retail customers," said Malcolm McRoberts, Mood Media CEO. "The In-Store Marketplace will benefit from our ubiquitous coverage of audio and display across 330,000 locations and retailers have the unique opportunity of working with a single point of integration for in-store media."
While retail media began as an ecommerce-only platform leveraged by retailers to advertise and promote products online, it has become so much more. According to eMarketer, "2022 is the year of retail media networks." US (retail media) spending has grown to over $41B and now represents 17.2% of the total US digital ad spend. It's proof that retail media has a solid place in the current economic climate. And evolving definitions have become inclusive of other digital in-store media, including video displays — and audio advertising.
"The In-Store Marketplace allows buyers to bundle display inventory and digital audio into a single PMP or cherry-pick your options — whatever approach fits your current needs," said Chelsea Monaco, VP, eRetail & Commerce Media at Merkle. "Consolidating the big shopper media partners like Vibenomics, Mood Media, Sellr Technologies, FuelMedia TV, WaterStation Technology facilitates more frictionless engagement with partners and ubiquitous access to the inventory. These benefits were a major takeaway from our research last year and I imagine they'll surface again when we repeat our study this year."
To learn more about the In-Store Marketplace, visit www.instoremarketplace.com or reach out to media@instoremarketplace.com.
About In-Store Marketplace
In-Store Marketplace (ISM) is a centralized ecosystem where in-store media publishers can directly manage their advertising campaigns through the marketplace portal to broaden the scope of their retail media network coverage, pricing, yield management and reporting on buying activity. With ISM, retailers can smoothly integrate with their existing platforms to manage in-store media buying activity. The ISM was created with input from retail media network owners, retail media software providers, Vibenomics, Mood Media, Sellr Technologies, FuelMedia TV, WaterStation Technology, retail media experts, Merkle and others spanning more than 400,000 U.S. retail venues with in excess of 5 million display and audio touchpoints to more than 275 million monthly shoppers.
Media Contact:
Abby Lewis
BLASTmedia for Vibenomics
317.806.1900 x 136
Abby@blastmedia.com
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SOURCE Vibenomics
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https://www.wibw.com/prnewswire/2022/08/10/in-store-marketplace-launches-simplify-digital-experience-retail-media-owners/
| 2022-08-10T13:19:14Z
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- Reports Total Revenues of $4.12 Billion; U.S. GAAP Net Earnings of $314 Million; Adjusted EBITDA of $1.48 Billion; U.S. GAAP Net Cash Provided by Operating Activities of $803 Million; and Free Cash Flow of $719 Million
- Strong First Half 2022 Cash Flow; Approximately $1.9 Billion of U.S. GAAP Net Cash Provided by Operating Activities and Approximately $1.8 Billion in Free Cash Flow
- Reaffirms Adjusted EBITDA and Free Cash Flow Guidance Ranges[1] Despite Foreign Exchange Headwinds; Revises Total Revenues Guidance Range Solely to Reflect the Incremental Impact of Foreign Exchange
- Board of Directors Declares Quarterly Dividend of $0.12 Per Share
- Pays Down Approximately $1.5 Billion of Debt in the First Half of 2022; on Track with Full Year 2022 Target of Approximately $2 Billion
- Biocon Biologics Transaction on Track for Close in Second Half of 2022
[1] Viatris is not providing forward-looking guidance for U.S. GAAP net earnings (loss) or a quantitative reconciliation of its 2022 adjusted EBITDA guidance. U.S. GAAP net cash provided by operating activities for 2022 is estimated to be between $3.1 billion and $3.3 billion. Please see "2022 Financial Guidance" and "Non-GAAP Financial Measures" for additional information.
PITTSBURGH, Aug. 8, 2022 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS) today reported strong results for the second quarter of 2022 and provided an update to its full year 2022 financial guidance.
[2] Please see footnote [1] above as well as "2022 Financial Guidance" and "Non-GAAP Financial Measures" for additional information.
Viatris also announced that its Board of Directors declared a quarterly dividend of twelve cents ($0.12) for each issued and outstanding share of the company's common stock. The dividend is payable on Sept. 16, 2022, to shareholders of record at the close of business on Aug. 24, 2022.
Viatris CEO Michael Goettler said: "We are hitting on all cylinders operationally, even while foreign exchange rates continue to be challenging, and have now demonstrated six consecutive quarters of strong performance. We continue to deliver on our financial and strategic commitments and are making good progress on all the reshaping initiatives announced in February, including the further ramp up of our inorganic activity in our Global Healthcare Gateway."
Viatris President Rajiv Malik said: "We believe our strong and consistent operational execution reflects the resilience of a diversified business that has been built deliberately to ensure we are not dependent on any one market or product and allows us to remain agile and opportunistic to perform consistently across all geographies. Looking ahead, we are very excited to build upon our strong legacy in development and leverage our extensive scientific capabilities to continue moving up the value chain. Through our Global Healthcare Gateway, we expect to further strengthen our deep pipeline to develop more 505(b)(2)s and new chemical entities in the previously disclosed therapeutic areas, while maintaining our therapeutically agnostic portfolio."
Viatris CFO Sanjeev Narula said: "We are proud of our solid operational results which exceeded our expectations and included generating approximately $1.8 billion in free cash flow in the first half of 2022. We also retired $1.5 billion in debt during the same period, which puts us well on track to meet our 2022 debt paydown commitment. As we look ahead to the rest of 2022, we remain confident in the operational strength of the business. Therefore, we are reaffirming our adjusted EBITDA and free cash flow guidance ranges despite foreign exchange headwinds. We believe that our capital allocation framework, including the commitment to the dividend and maintaining the investment grade rating, will continue to be a force in creating long term value."
Financial Summary
Second Quarter Highlights
- Second quarter 2022 net sales totaled $4.1 billion, down 3% on an operational basis compared to Q2 2021 results and performed better than expectations, driven by solid performance across our segments—Developed Markets, Emerging Markets, JANZ (Japan, Australia and New Zealand) and Greater China.
- Brands performed better than expectations, driven by products such as EpiPen®, Norvasc® and Lipitor®.
- Complex generics and biosimilars performed largely in line with expectations and grew by 11% on an operational basis compared to Q2 2021 results, mainly driven by our interchangeable Semglee® launch in the U.S. Revenues from the biosimilars portfolio to be contributed to Biocon Biologics totaled approximately $167 million in the quarter.
- Generics, which include diversified product forms such as extended-release oral solids, injectables, transdermals and topicals, performed better than expectations driven by higher North America demand.
- The Company generated approximately $84 million in new product revenues (as defined in "Certain Key Terms" below) in the second quarter (approximately $205 million for the first half of the year) primarily driven by interchangeable Semglee® in the U.S. and is on track to achieve approximately $600 million in new product revenues in 2022.
- The Company generated $719 million of free cash flow in the second quarter ($1.79 billion for the first half of the year), primarily driven by solid U.S. GAAP net cash provided by operating activities of $803 million in the quarter ($1.94 billion for the first half of the year) and the timing of planned capital expenditures.
- Viatris paid quarterly cash dividends of twelve cents ($0.12) per share on the Company's issued and outstanding common stock on March 16, 2022, and June 16, 2022. On Aug. 4, 2022, the Company's Board of Directors declared a quarterly dividend of twelve cents ($0.12) per share on the Company's issued and outstanding common stock, which will be payable on Sept. 16, 2022, to shareholders of record as of the close of business on Aug. 24, 2022. The Company paid down approximately $627 million in debt in the second quarter (approximately $1.5 billion for the first half of the year) and continues to target approximately $2 billion in debt repayment in 2022. The Company remains committed to maintaining its investment grade credit rating.
2022 Financial Guidance
The U.S. dollar has continued to strengthen across major currencies that impact the Company's condensed consolidated financial statements. To reflect the Company's currently expected negative impact of foreign exchange rates of approximately $800 million, the Company is revising its 2022 guidance range for total revenues as set forth above. The Company is reaffirming its 2022 guidance ranges for adjusted EBITDA and free cash flow as it currently believes that it can absorb the foreign exchange rate impacts within those ranges. The Company is not providing forward-looking guidance for U.S. GAAP net earnings or a quantitative reconciliation of its 2022 adjusted EBITDA guidance to the most directly comparable U.S. GAAP measure, U.S. GAAP net earnings (loss), because it is unable to predict with reasonable certainty the ultimate outcome of certain significant items, including integration and acquisition-related expenses, restructuring expenses, asset impairments, litigation settlements and other contingencies, such as changes to contingent consideration and certain other gains or losses, as well as related income tax accounting, because certain of these items have not occurred, are out of the Company's control and/or cannot be reasonably predicted without unreasonable effort. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP reported results for the guidance period.
Conference Call and Earnings Materials
Viatris Inc. will host a conference call and live webcast, today at 8:30 a.m. ET, to review the Company's financial results for the second quarter ended June 30, 2022. Investors and the general public are invited to listen to a live webcast of the call at investor.viatris.com or by calling 866.342.8591 or 203.518.9713 for international callers (ID#: VTRSQ222). The "Viatris Q2 Earnings Presentation", which will be referenced during the call, can be found at investor.viatris.com. A replay of the webcast also will be available on the website.
Certain Key Terms
New product sales, new product launches or new product revenues refer to revenue from new products launched in 2022 and the carryover impact of new products, including business development, launched within the last twelve months.
Operational change refers to constant currency percentage change and is derived by translating amounts for the current period at prior year comparative period exchange rates, and in doing so shows the percentage change from 2022 constant currency net sales, revenues and adjusted EBITDA to the corresponding amount in the prior year.
Non-GAAP Financial Measures
This press release includes the presentation and discussion of certain financial information that differs from what is reported under accounting principles generally accepted in the United States ("U.S. GAAP"). These non-GAAP financial measures, including, but not limited to, adjusted gross profit, adjusted gross margins, adjusted net earnings, EBITDA, adjusted EBITDA, free cash flow, adjusted R&D and as a % of total revenues, adjusted SG&A and as a % of total revenues, adjusted earnings from operations, adjusted interest expense, adjusted other expense (income), net, adjusted effective tax rate, constant currency total revenues, constant currency net sales and constant currency adjusted EBITDA are presented in order to supplement investors' and other readers' understanding and assessment of the financial performance of Viatris Inc. ("Viatris" or the "Company"). Free cash flow refers to U.S. GAAP net cash provided by operating activities, less capital expenditures. Adjusted EBITDA margin refers to adjusted EBITDA divided by total revenues. Management uses these measures internally for forecasting, budgeting, measuring its operating performance, and incentive-based awards. Primarily due to acquisitions and other significant events which may impact comparability of our periodic operating results, Viatris believes that an evaluation of its ongoing operations (and comparisons of its current operations with historical and future operations) would be difficult if the disclosure of its financial results was limited to financial measures prepared only in accordance with U.S. GAAP. We believe that non-GAAP financial measures are useful supplemental information for our investors and when considered together with our U.S. GAAP financial measures and the reconciliation to the most directly comparable U.S. GAAP financial measure, provide a more complete understanding of the factors and trends affecting our operations. The financial performance of the Company is measured by senior management, in part, using adjusted metrics included herein, along with other performance metrics. In addition, the Company believes that including EBITDA and supplemental adjustments applied in presenting adjusted EBITDA is appropriate to provide additional information to investors to demonstrate the Company's ability to comply with financial debt covenants and assess the Company's ability to incur additional indebtedness. The Company also believes that adjusted EBITDA better focuses management on the Company's underlying operational results and true business performance and, is used, in part, for management's incentive compensation. We also report sales performance using the non-GAAP financial measures of "constant currency", also referred to herein as "operational change", total revenues, net sales and adjusted EBITDA. These measures provide information on the change in total revenues, net sales and adjusted EBITDA assuming that foreign currency exchange rates had not changed between the prior and current period. The comparisons presented at constant currency rates reflect comparative local currency sales at the prior year's foreign exchange rates. We routinely evaluate our net sales, total revenues and adjusted EBITDA performance at constant currency so that sales results can be viewed without the impact of foreign currency exchange rates, thereby facilitating a period-to-period comparison of our operational activities and believe that this presentation also provides useful information to investors for the same reason. The "Summary of Total Revenues by Segment" table below compares net sales on an actual and constant currency basis for each reportable segment for the quarters and six months ended June 30, 2022 and 2021 as well as for total revenues. Also, set forth below, Viatris has provided reconciliations of such non-GAAP financial measures to the most directly comparable U.S. GAAP financial measures. Investors and other readers are encouraged to review the related U.S. GAAP financial measures and the reconciliations of the non-GAAP measures to their most directly comparable U.S. GAAP measures set forth below, and investors and other readers should consider non-GAAP measures only as supplements to, not as substitutes for or as superior measures to, the measures of financial performance prepared in accordance with U.S. GAAP. For additional information regarding the components and uses of Non-GAAP financial measures refer to Management's Discussion and Analysis of Financial Condition and Results of Operations—Use of Non-GAAP Financial Measures section of Viatris' Quarterly Report on Form 10-Q for the three months ended June 30, 2022.
About Viatris
Viatris Inc. (NASDAQ: VTRS) is a global pharmaceutical company empowering people worldwide to live healthier at every stage of life. We provide access to medicines, advance sustainable operations, develop innovative solutions and leverage our collective expertise to connect more people to more products and services through our one-of-a-kind Global Healthcare Gateway®. Formed in November 2020, Viatris brings together scientific, manufacturing and distribution expertise with proven regulatory, medical, and commercial capabilities to deliver high-quality medicines to patients in more than 165 countries and territories. Viatris' portfolio comprises more than 1,400 approved molecules across a wide range of therapeutic areas, spanning both non-communicable and infectious diseases, including globally recognized brands, complex generic and branded medicines, a portfolio of biosimilars and a variety of over-the-counter consumer products. With approximately 37,000 colleagues globally, Viatris is headquartered in the U.S., with global centers in Pittsburgh, Shanghai and Hyderabad, India. Learn more at viatris.com and investor.viatris.com, and connect with us on Twitter at @ViatrisInc, LinkedIn and YouTube.
Forward-looking Statements
This release contains "forward-looking statements". These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include, without limitation, statements about Viatris' 2022 financial guidance; that Viatris reaffirms adjusted EBITDA and free cash flow guidance ranges despite foreign exchange headwinds; revises total revenues guidance range solely to reflect the incremental impact of foreign exchange; Biocon Biologics Transaction on track for close in second half of 2022; strong H1 2022 operational performance in line with expectations, and full year operationally in line with previous guidance; absorbing Fx headwind on adjusted EBITDA and free cash flow; solid execution, improved COGS, and favorable mix positively impacting gross margins; driving synergies and operational efficiencies continue to impact SG&A favorably; enhancing cash conversion through working capital improvements and lower capital expenditures; Viatris' Board of Directors declared a quarterly dividend of twelve cents ($0.12) for each issued and outstanding share of the company's common stock; the dividend is payable on Sept. 16, 2022, to shareholders of record at the close of business on Aug. 24, 2022; we are hitting on all cylinders operationally, even while foreign exchange rates continue to be challenging, and have now demonstrated six consecutive quarters of strong performance; we continue to deliver on our financial and strategic commitments and are making good progress on all the reshaping initiatives announced in February, including the further ramp up of our inorganic activity in our Global Healthcare Gateway; we believe our strong and consistent operational execution reflects the resilience of a diversified business that has been built deliberately to ensure we are not dependent on any one market or product and allows us to remain agile and opportunistic to perform consistently across all geographies; looking ahead, we are very excited to build upon our strong legacy in development and leverage our extensive scientific capabilities to continue moving up the value chain; through our Global Healthcare Gateway, we expect to further strengthen our deep pipeline to develop more 505(b)(2)s and new chemical entities in the previously disclosed therapeutic areas, while maintaining our therapeutically agnostic portfolio; we are proud of our solid operational results which exceeded our expectations and included generating approximately $1.8 billion in free cash flow in the first half of 2022; we also retired $1.5 billion in debt during the same period, which puts us well on track to meet our 2022 debt paydown commitment; as we look ahead to the rest of 2022, we remain confident in the operational strength of the business; we are reaffirming our adjusted EBITDA and free cash flow guidance ranges despite foreign exchange headwinds; we believe that our capital allocation framework, including the commitment to the dividend and maintaining the investment grade rating, will continue to be a force in creating long term value; the company is on track to achieve approximately $600 million in new product revenues in 2022; the Company paid down approximately $627 million in debt in the second quarter (approximately $1.5 billion for the first half of the year) and continues to target approximately $2 billion in debt repayment in 2022; the Company remains committed to maintaining its investment grade credit rating; statements about the pending transaction between Viatris and Biocon Biologics Limited ("Biocon Biologics") pursuant to which Viatris will contribute its biosimilars portfolio to Biocon Biologics (the "Biocon Biologics Transaction"), statements about the transaction pursuant to which Mylan N.V. ("Mylan") combined with Pfizer Inc.'s Upjohn business (the "Upjohn Business") in a Reverse Morris Trust transaction (the "Combination") and Upjohn Inc. became the parent entity of the combined Upjohn Business and Mylan business and was renamed "Viatris Inc.", the benefits and synergies of the Combination or our global restructuring program, future opportunities for the Company and its products and any other statements regarding the Company's future operations, financial or operating results, capital allocation, dividend policy and payments, debt ratio and covenants, anticipated business levels, future earnings, planned activities, anticipated growth, market opportunities, strategies, competitions, commitments, confidence in future results, efforts to create, enhance or otherwise unlock the value of our unique global platform, and other expectations and targets for future periods. Forward-looking statements may often be identified by the use of words such as "will", "may", "could", "should", "would", "project", "believe", "anticipate", "expect", "plan", "estimate", "forecast", "potential", "pipeline", "intend", "continue", "target", "seek" and variations of these words or comparable words. Because forward-looking statements inherently involve risks and uncertainties, actual future results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: the possibility that the Company may be unable to achieve expected benefits, synergies and operating efficiencies in connection with the Combination or its global restructuring program within the expected timeframe or at all; the pending Biocon Biologics Transaction and other strategic initiatives, including potential divestitures, may not achieve their intended benefits; operational or financial difficulties or losses associated with the Company's reliance on agreements with Pfizer in connection with the Combination, including with respect to transition services; the potential impact of public health outbreaks, epidemics and pandemics, including the ongoing challenges and uncertainties posed by the COVID-19 pandemic; the Company's failure to achieve expected or targeted future financial and operating performance and results; actions and decisions of healthcare and pharmaceutical regulators; changes in relevant laws and regulations, including but not limited to changes in tax, healthcare and pharmaceutical laws and regulations globally (including the impact of potential tax reform in the U.S.); the ability to attract and retain key personnel; the Company's liquidity, capital resources and ability to obtain financing; any regulatory, legal or other impediments to the Company's ability to bring new products to market, including but not limited to "at-risk launches"; success of clinical trials and the Company's or its partners' ability to execute on new product opportunities and develop, manufacture and commercialize products; any changes in or difficulties with the Company's manufacturing facilities, including with respect to inspections, remediation and restructuring activities, supply chain or inventory or the ability to meet anticipated demand; the scope, timing and outcome of any ongoing legal proceedings, including government inquiries or investigations, and the impact of any such proceedings on the Company; any significant breach of data security or data privacy or disruptions to our information technology systems; risks associated with having significant operations globally; the ability to protect intellectual property and preserve intellectual property rights; changes in third-party relationships; the effect of any changes in the Company's or its partners' customer and supplier relationships and customer purchasing patterns, including customer loss and business disruption being greater than expected following the Combination; the impacts of competition, including decreases in sales or revenues as a result of the loss of market exclusivity for certain products; changes in the economic and financial conditions of the Company or its partners; uncertainties regarding future demand, pricing and reimbursement for the Company's products; uncertainties and matters beyond the control of management, including but not limited to general political and economic conditions, inflation rates and global exchange rates; and inherent uncertainties involved in the estimates and judgments used in the preparation of financial statements, and the providing of estimates of financial measures, in accordance with U.S. GAAP and related standards or on an adjusted basis. For more detailed information on the risks and uncertainties associated with Viatris, see the risks described in Part I, Item 1A in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, as amended, and our other filings with the SEC. You can access Viatris' filings with the SEC through the SEC website at www.sec.gov or through our website, and Viatris strongly encourages you to do so. Viatris routinely posts information that may be important to investors on our website at investor.viatris.com, and we use this website address as a means of disclosing material information to the public in a broad, non-exclusionary manner for purposes of the SEC's Regulation Fair Disclosure (Reg FD). The contents of our website are not incorporated into this release or our other filings with the SEC. Viatris undertakes no obligation to update any statements herein for revisions or changes after the date of this release other than as required by law.
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| 2022-08-08T11:48:15Z
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Global heat records are outpacing cold records by 10-1, data shows
Published: Jul. 18, 2022 at 4:32 PM CDT|Updated: 32 minutes ago
(CNN) - Heat records are far outpacing cold records across the globe so far this year.
It comes as the U.S. and Europe brace for a wave of dangerously high temperatures.
According to the U.S. National Oceanic and Atmospheric Administration, around the world, 188 all-time heat records have been broken so far in 2022, compared with just 18 cold records.
A climate scientist at Princeton University says the record imbalance is a sign of climate change.
Studies have shown extreme heat will increase in frequency, intensity and duration because of global warming, and that extremes will occur more frequently on the hot side compared to cold.
Copyright 2022 CNN Newsource. All rights reserved.
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| 2022-07-18T22:07:54Z
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Copa Holdings Reports Financial Results for the Second Quarter of 2022
Published: Aug. 3, 2022 at 3:30 PM CDT|Updated: 2 hours ago
Adjusted Net Profit for the second quarter came in at US$13.2 million, or Adjusted EPS of US$0.32
PANAMA CITY, Panama, Aug. 3, 2022 /PRNewswire/ -- August 3, 2022. Copa Holdings, S.A. (NYSE: CPA), today announced financial results for the second quarter of 2022 (2Q22). The terms "Copa Holdings" and the "Company" refer to the consolidated entity. The following financial information, unless otherwise indicated, is presented in accordance with International Financial Reporting Standards (IFRS). See the accompanying reconciliation of non-IFRS financial information to IFRS financial information included in the financial tables section of this earnings release. Unless otherwise stated, all comparisons with prior periods refer to the second quarter of 2019 (2Q19) (which the Company believes are more relevant than year-over-year comparisons due to the significant impacts in 2020 and 2021 of the COVID-19 pandemic).
OPERATING AND FINANCIAL HIGHLIGHTS
- Copa Holdings' adjusted net profit, excluding special items, for 2Q22 came in at US$13.2 million or US$0.32 per share, as compared to an adjusted net profit of US$50.9 million or earnings per share of US$1.20 in 2Q19.
- Copa Holdings reported an operating profit of US$42.3 million for the quarter and a 6.1% operating margin, compared to an operating profit of US$82.6 million and an operating margin of 12.8% in 2Q19.
- Total revenues for 2Q22 came in at US$693.4 million, a 7.5% increase compared to 2Q19 revenues. Passenger revenue for 2Q22 was 5.9% higher than 2Q19, while cargo revenue was 62.4% higher than 2Q19. Yields increased 10.1% to 13.0 cents while load factors decreased 0.4 percentage points to 84.8%, compared to 2Q19, resulting in Revenue per Available Seat Mile (RASM) of 11.6 cents, or 11.3% higher than 2Q19.
- Operating cost per available seat mile (CASM) increased 19.9% from 9.1 cents in 2Q19 to 10.9 cents in 2Q22, driven by higher fuel prices. CASM excluding fuel (Ex-fuel CASM) decreased 4.6% in the quarter compared to 2Q19 to 6.0 cents.
- Capacity for 2Q22, measured in terms of available seat miles (ASMs), was 96.6% of the capacity flown in 2Q19.
- Including special items of US$110.9 million, comprised of an unrealized mark-to-market gain related to the Company's convertible notes and an unrealized mark-to-market loss related to changes in the value of financial investments, the Company reported a net profit of US$124.1 million for the quarter or US$3.01 per share.
- The Company ended the quarter with approximately US$1.1 billion in cash, short-term and long-term investments, which represents 47% of the last twelve months' revenues.
- The Company closed the quarter with total debt, including lease liabilities, of US$1.6 billion.
- During the quarter, the Company took delivery of one Boeing 737 MAX 9 aircraft.
- Including three Boeing 737-700 aircraft in temporary storage and one Boeing 737-800 freighter, Copa Holdings ended the quarter with a consolidated fleet of 94 aircraft – 68 Boeing 737-800s, 17 Boeing 737 MAX 9s, and 9 Boeing 737-700s.
- Copa Airlines had an on-time performance for the quarter of 85.9% and a flight completion factor of 99.8%.
FULL 2Q22 EARNINGS RELEASE AVAILABLE FOR DOWNLOAD AT:
2Q22 EARNINGS RESULTS CONFERENCE CALL AND WEBCAST
About Copa Holdings
Copa Holdings is a leading Latin American provider of passenger and cargo services. The Company, through its operating subsidiaries, provides service to countries in North, Central and South America and the Caribbean. For more information visit: www.copaair.com.
CONTACT: Copa Holdings S.A.
Investor Relations:
Ph: 011 507 304-2774
www.copaair.com (IR section)
This release includes "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current plans, estimates, and expectations, and are not guarantees of future performance. They are based on management's expectations that involve several business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statement. The risks and uncertainties relating to the forward-looking statements in this release are among those disclosed in Copa Holdings' filed disclosure documents and are, therefore, subject to change without prior notice.
CPA-G
Copa Holdings, S.A.
NON-IFRS FINANCIAL MEASURE RECONCILIATION
This press release includes the following non-IFRS financial measures: Adjusted Operating Profit, Adjusted Net Profit, Adjusted Basic EPS, and Operating CASM Excluding Fuel. This supplemental information is presented because we believe it is a useful indicator of our operating performance and is useful in comparing our performance with other companies in the airline industry. These measures should not be considered in isolation and should be considered together with comparable IFRS measures, in particular operating profit, and net profit. The following is a reconciliation of these non-IFRS financial measures to the comparable IFRS measures:
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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.
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| 2022-08-03T22:00:46Z
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- 5 DAYS LEFT TO SEEK LEAD PLAINTIFF STATUS before May 2, 2022**
NEW YORK, April 26, 2022 /PRNewswire/ -- Moore Kuehn, PLLC is investigating potential claims against:
- BlockFi
A class action lawsuit was filed against BlockFi claiming BlockFi, BlockFi, Inc. ("BFI"), BlockFi Trading, LLC ("Trading"), and BlockFi Lending, LLC ("Lending") for violations of the Securities Act of 1933 and seeks to represent all people in the United States who enrolled in a BlockFi Interest Account/Crypto Interest Account.
BFI is a financial services company that generates revenue through cryptocurrency trading, lending, and borrowing, as well as engaging in proprietary trading.
The BlockFi class action lawsuit alleges that since March 4, 2019 BFI, through its affiliates Lending and Trading, has been, at least in part, funding its lending operations and proprietary trading through the sale of unregistered securities in the form of cryptocurrency interest-earning accounts.
On or around February 14, 2022, the U.S. Securities and Exchange Commission ("SEC") "charged BlockFi Lending LLC (BlockFi) with failing to register the offers and sales of its retail crypto lending product." Further, "[t]o settle the SEC's charges, BlockFi agreed to pay a $50 million penalty, cease its unregistered offers and sales of the lending product, BlockFi Interest Accounts (BIAs), and attempt to bring its business within the provisions of the Investment Company Act within 60 days. BlockFi's parent company also announced that it intends to register under the Securities Act of 1933 the offer and sale of a new lending product. In parallel actions, BlockFi agreed to pay an additional $50 million in fines to 32 states to settle similar charges."
Blockfi Interest Account/Crypto Interest Account holders may still apply for lead plaintiff. A lead plaintiff acts on behalf of all other class members in directing the BlockFi class action lawsuit.
If you want more information or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Fletcher Moore, Esq. by email at fmoore@moorekuehn.com or telephone at (212) 709-8245.
There is no cost to you. Moore Kuehn is a New York-based law firm with attorneys representing investors and consumers.
Attorney advertising. Prior results do not guarantee similar outcomes.
Moore Kuehn, PLLC
Fletcher Moore, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
fmoore@moorekuehn.com
(212) 709-8245
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| 2022-04-27T03:27:10Z
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(All amounts are in U.S. dollars unless otherwise indicated)
TORONTO, Aug. 4, 2022 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE: NGD) reports second quarter results for the Company as of June 30, 2022. The Company will host a conference call and webcast today at 8:30 am Eastern Time to discuss the second quarter consolidated results (details are provided at the end of this news release). For detailed information, please refer to the Company's Second Quarter Management's Discussion and Analysis (MD&A) and Financial Statements that are available on the Company's website at www.newgold.com and on SEDAR at www.sedar.com. The Company uses certain non-GAAP financial performance measures throughout this news release. Please refer to the "Non-GAAP Financial Performance Measures" section of this news release and the MD&A for more information. Numbered note references throughout this news release are to endnotes which can be found at the end of this news release.
Consolidated Second Quarter Highlights
- Gold equivalent1 ("gold eq.") production for the quarter of 70,514 ounces (52,431 ounces of gold, 7.4 million pounds of copper and 117,318 ounces of silver)
- Operating expenses3 of $1,277 per gold eq. ounce
- All-in sustaining costs2 of $2,373 per gold eq. ounce, including total cash costs2 of $1,296 per gold eq. ounce
- Average realized gold price2 of $1,879 per ounce and average realized copper price2 of $4.14 per pound
- Cash generated from operations of $37 million, or $0.05 per share
- Cash generated from operations, before changes in non-cash operating working capital2 of $27 million, or $0.04 per share
- Net loss of $38 million, or $0.06 per share
- Adjusted net loss2 of $17 million, or $0.02 per share
- June 30, 2022 cash and cash equivalents of $277 million
- During the quarter, the Company provided an update to its 2022 consolidated operational outlook (refer to the Company's July 11, 2022 news release for further information)
- During the quarter, the Company successfully completed the previously announced redemption of its outstanding $100 million aggregate principal amount of its 6.375% Senior Notes due 2025 (refer to the Company's May 16, 2022 news release for further information)
"While the operational outlook changes to this year are unfortunate, our teams remained resilient during a challenging quarter and I remain confident that we are positioned to have a stronger second half of the year, and deliver on our updated guidance," stated Renaud Adams, President & CEO. "Heavy rainfall and flooding in the quarter impacted Rainy River's mine plan, but over the last month, we have made tremendous progress on our dewatering efforts and mining at the bottom of the pit has resumed. Our priority for the remainder of the year continues to be on positioning the open pit operations to their optimal conditions. Both of our operations also continue to review optimization opportunities and assess cost reduction initiatives to mitigate against inflationary challenges experienced across the industry. We continue to maintain a very healthy balance sheet while also paying down $100 million of our debt in the quarter, with no additional debt due until 2027. As we move forward and look beyond 2022, both of our operations continue to advance the Company's mid to long-term strategy of increasing production and decreasing costs, leading to free cash flow generation. I strongly believe this strategy remains intact. All while we continue to execute on our drilling programs and assess the potential of our significant remaining Mineral Resource inventory. Finally, we have executed on strategic opportunities to secure our cash position and liquidity profile to enable us to execute on our short-term capital projects allowing us to unlock the maximum value at both assets.
At Rainy River, the objective over the 2022 to 2026 period is to execute a plan that extracts our remaining open pit Mineral Reserves at the lowest cost possible, and ramp-up underground operations as incremental ore to the mill, to maximize free cash flow. Our year-end 2021 open pit Mineral Reserve estimate at Rainy River contained approximately 44 million tonnes of ore at approximately 1 g/t (inclusive of low-grade ore and exclusive of stockpile material) at an attractive strip ratio of 2.32:1 per the latest technical report, which has further been reduced at the end of the second quarter. We are facing the same inflationary pressures felt by our peers and across the industry, but I remain positive on several opportunities available to us. The increase in fuel prices has had the largest impact to Rainy River, and one opportunity to reduce our fuel consumption is to minimize the amount of rehandling required to feed the mill by optimizing the in-pit blending strategy to maximize direct feed which will reduce stockpile movement. Our current technical report included approximately 22 million tonnes of ore to be rehandled during the 2022 to 2026 period. Minimizing this represents a significant opportunity to reduce fuel consumption, and improve grade at the mill, while reducing our carbon footprint. Other consumable prices have also increased, and we continue to evaluate additional opportunities to reduce our consumption. In the pit, we are improving on pumping, haulage conditions and other operational delays, all of which will have a positive impact in the near-term. Sequencing and better timing with mill operations will be key as we execute our near-term plans. Recently, we have experienced additional downtime at the mill, and we are working to address this and reduce our maintenance costs, as we look to increase our milling capacity moving forward. We continue to advance the development of the underground Intrepid zone with mining expected to begin in the fourth quarter. As we ramp-up Intrepid and incorporate other underground mining zones located below the pit over the next five years, our production growth profile at reduced costs remains very attractive with further potential to convert additional underground Mineral Resources to Mineral Reserves.
New Afton has historically proven to be a prolific block cave operation, a low-cost producer, and high free cash flow generator. We are working to return to these results as we near the completion of B3 development and continue to advance the C-Zone. With these new zones in production, we expect to return the asset, from 2024 forward, to years of low sustaining capital and higher grade, leading to increased production at low costs. Like Rainy River, New Afton has also experienced inflationary pressures however, mitigation efforts are underway including the ongoing use of a conveying system and continued efforts in electrifying the mobile fleet. These efforts should contribute significantly in reducing fuel consumption and improving our carbon footprint. Returning the mill to its full capacity should have a significant impact on reducing processing unit costs and we continue to assess further optimization opportunities. Exploration drilling programs continue to advance, with our priority on adding new higher-grade ore, to improve the mine life. There remains a meaningful inventory of Mineral Resources outside of the current mine plan, which could potentially provide further opportunities to enhance New Afton's mine plan," added Mr. Adams.
During the quarter, the Company provided an update to its 2022 consolidated operational outlook (refer to the Company's July 11, 2022 news release for further information). All other consolidated and mine site capital investment and exploration estimate guidance, including sustaining capital and sustaining leases and growth capital, remain unchanged.
Consolidated Financial Highlights
- Revenue decreased over the prior-year periods due to lower gold and copper sales volume, partially offset by higher realized gold prices. Lower sales in the quarter were impacted by the timing of concentrate shipments at New Afton of approximately 7,500 gold eq.1 ounces which have been deferred to the third quarter, a quarterly impact of approximately $700 and $140 per gold eq. ounce on New Afton and consolidated all-in sustaining costs2.
- Operating expenses were lower than the prior-year periods due to lower gold and copper sales volumes.
- Net loss increased over the prior-year periods primarily due to lower revenue and a higher loss on revaluation of investments, partially offset by lower operating expenses and a loss on revaluation of the New Afton free cash flow interest obligation in the prior-year periods.
- Adjusted net loss2 increased over the prior-year periods primarily due to lower revenues.
- Cash generated from operations decreased over the prior-year periods due to lower revenues.
Operational Highlights
- Rainy River's priority for the remainder of the year continues to be on positioning the open pit operations to its optimal conditions with the team focusing on operational efficiencies including optimizing the fleet and advancing our mining at an appropriate rate as the pit gets deeper and narrower. Significant progress has been made on dewatering the open pit and mining at the bottom of the pit has resumed and will continue to ramp-up throughout the year. Concurrently, the operation continues to make meaningful progress advancing the underground plan. The Intrepid zone continues to advance on time and on budget, with initial production expected to begin later this year. Advancing the underground plan is expected to lead to increasing production at attractive all-in sustaining costs, and at current commodity prices should generate strong margins and free cash flow over the next decade.
- Open pit tonnes mined per day decreased over the prior-year periods due to the adverse impact from heavy rainfall around the Fort Frances area in northwestern Ontario, resulting in flooding in the Rainy River open pit and impacting the mine plan. Approximately 1.1 million ore tonnes and 8.9 million waste tonnes (including 7.1 million capitalized waste tonnes) were mined from the open pit at an average strip ratio of 7.96:1. The higher-than-average strip ratio was a result of limited access to ore zones due to the in-pit flooding during the quarter, as such, equipment was re-allocated to advance waste and overburden stripping. The strip ratio is expected to average approximately 2.1:1 for the remainder of the open pit life.
- Tonnes milled per calendar day decreased over the prior-year periods due to extra mechanical maintenance and the processing of harder ore from the North Lobe. Mining from the North Lobe open pit is expected to be completed in the first half of 2023.
- Gold eq.1 production was 43,759 ounces (42,516 ounces of gold and 93,210 ounces of silver), a decrease over the prior-year period primarily due to lower gold grade because of the use of stockpiled low-grade ore during the quarter. Quarterly gold grade milled positively reconciled with the reserve model and approximately 50% of the tonnes milled during the quarter was low-grade material. For the six-month period ended June 30, 2022, gold eq.1 production was 103,654 ounces (101,349 ounces of gold and 172,831 ounces of silver), a decrease over the prior-year period primarily due to lower tonnes processed.
- Operating expense3 per gold eq. ounce increased over the prior-year period primarily due to lower sales volume and inflation-driven price increases of diesel, electricity, grinding media, and other inputs attributing to the higher unit costs. For the six-month period ended June 30, 2022, operating expense3 per gold eq. ounce was in-line with the prior-year period.
- All-in sustaining costs2 per gold eq. ounce increased over the prior-year periods due to higher sustaining capital spend and lower sales volume.
- Total capital and leases for the quarter were $45 million, and $87 million for the six-month period ended June 30, 2022, an increase over the prior-year periods due to higher sustaining capitalized waste mining costs as a result of the higher strip ratio. Sustaining capital2 during the quarter primarily related to $29 million of capitalized waste, as well as capital maintenance, and the advancement of the annual tailings dam raise. Growth capital2 primarily related to the development of the Intrepid underground zone, which advanced an additional 774 metres during the quarter.
- Free cash flow2 for the quarter ended June 30, 2022, was $0.2 million (net of a $7 million stream payment), a decrease over the prior-year period due to a decrease in revenue. Free cash flow2 for the six months ended June 30, 2022, was $15 million (net of a $13 million stream payment), consistent with the prior-year period due to an increase in cash generated from operations offset by an increase in capital expenditures.
Operational Highlights
- At New Afton, with the Lift 1 zone and recovery level now closed, the priority for the remainder of the year is to complete B3 development and ramp-up production in the fourth quarter. Additionally, C-Zone development continues to advance with first production expected to commence in the latter part of 2023. Gold and copper production are expected to significantly increase during the C-Zone period, with all-in sustaining costs to significantly decrease, leading to robust free cash flow during that time.
- Underground tonnes mined per day decreased over the prior-year periods due to the planned completion of Lift 1 mining activities, as well as the closure of the low grade-higher cost recovery level zone in June, earlier than planned. Production ramp-up of the B3 zone continued on schedule during the quarter, with development expected to be completed by September.
- Tonnes milled per calendar day decreased over the prior-year periods as planned and is currently incorporating lower grade surface stockpiles to supplement the overall lower tonnes mined.
- Gold eq.1 production was 26,755 ounces (9,916 ounces of gold and 7.4 million pounds of copper), and for the six-month period ended June 30, 2021, gold eq.1 production was 54,556 ounces (19,183 ounces of gold and 15.6 million pounds of copper), a decrease over the prior-year periods due to lower tonnes processed and lower gold and copper grades.
- Operating expense3 per gold eq. ounce increased over the prior-year periods, primarily due to lower sales volume, inflation-driven price increases, and a $4 million ($250 per gold eq. ounce in the quarter) non-cash provision related to the write down of inventory to net realizable value.
- All-in sustaining costs2 per gold eq. ounce increased over the prior-year periods, primarily due to lower sales volume, and higher sustaining capital spend for the six-month period. Sales in the quarter were impacted by timing of concentrate shipments with approximately 7,500 gold eq.1 ounces deferred to the third quarter, an impact of approximately $700 per gold eq. ounce for the quarter.
- Total capital and leases for the quarter were $34 million, and $69 million for the six-month period ended June 30, 2022, a decrease over the prior-year periods, primarily due to timing of growth capital spend. Sustaining capital2 in the quarter primarily related to B3 mine development and tailings management and stabilization activities. Growth capital2 in the quarter primarily related to C-Zone development, which advanced 1,009 metres during the quarter.
- Free cash flow2 for the quarter and six-month period ended June 30, 2022 was a net outflow of $43 million and $76 million, a decrease over the prior-year periods due to lower revenue.
- The Company will host a webcast and conference call today at 8:30 am Eastern Time to discuss the Company's second quarter consolidated results.
- Participants may listen to the webcast by registering on our website at www.newgold.com or via the following link https://produceredition.webcasts.com/starthere.jsp?ei=1556145&tp_key=026884e3d6
- Participants may also listen to the conference call by calling North American toll free 1-888-664-6383, or 1-416-764-8650 outside of the U.S. and Canada, passcode 67678068
- A recorded playback of the conference call will be available until September 4, 2022 by calling North American toll free 1-888-390-0541, or 1-416-764-8677 outside of the U.S. and Canada, passcode 678068. An archived webcast will also be available at www.newgold.com.
New Gold is a Canadian-focused intermediate mining company with a portfolio of two core producing assets in Canada, the Rainy River gold mine and the New Afton copper-gold mine. The Company also holds approximately 5% equity stake in Artemis Gold Inc., and other Canadian-focused investments. New Gold's vision is to build a leading diversified intermediate gold company based in Canada that is committed to the environment and social responsibility. For further information on the Company, visit www.newgold.com.
Total Cash Costs per Gold eq. Ounce
"Total cash costs per gold equivalent ounce" is a non-GAAP financial performance measure that is a common financial performance measure in the gold mining industry but does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. New Gold reports total cash costs on a sales basis and not on a production basis. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, this measure, along with sales, is a key indicator of the Company's ability to generate operating earnings and cash flow from its mining operations. This measure allows investors to better evaluate corporate performance and the Company's ability to generate liquidity through operating cash flow to fund future capital exploration and working capital needs.
This measure is intended to provide additional information only and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. This measure is not necessarily indicative of cash generated from operations under IFRS or operating costs presented under IFRS.
Total cash cost figures are calculated in accordance with a standard developed by The Gold Institute, a worldwide association of suppliers of gold and gold products that ceased operations in 2002. Adoption of the standard is voluntary and the cost measures presented may not be comparable to other similarly titled measures of other companies. Total cash costs include mine site operating costs such as mining, processing and administration costs, royalties, and production taxes, but are exclusive of amortization, reclamation, capital and exploration costs. Total cash costs are then divided by gold equivalent ounces sold to arrive at the total cash costs per equivalent ounce sold.
In addition to gold, the Company produces copper and silver. Gold equivalent ounces of copper and silver produced or sold in a quarter are computed using a consistent ratio of copper and silver prices to the gold price and multiplying this ratio by the pounds of copper and silver ounces produced or sold during that quarter.
Notwithstanding the impact of copper and silver sales, as the Company is focused on gold production, New Gold aims to assess the economic results of its operations in relation to gold, which is the primary driver of New Gold's business. New Gold believes this metric is of interest to its investors, who invest in the Company primarily as a gold mining business. To determine the relevant costs associated with gold equivalent ounces, New Gold believes it is appropriate to reflect all operating costs incurred in its operations.
All-In Sustaining Costs per Gold eq. Ounce
"All-in sustaining costs per gold equivalent ounce" is a non-GAAP financial performance measure that does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. New Gold calculates "all-in sustaining costs per gold equivalent ounce" based on guidance announced by the World Gold Council ("WGC") in September 2013. The WGC is a non-profit association of the world's leading gold mining companies established in 1987 to promote the use of gold to industry, consumers and investors. The WGC is not a regulatory body and does not have the authority to develop accounting standards or disclosure requirements. The WGC has worked with its member companies to develop a measure that expands on IFRS measures to provide visibility into the economics of a gold mining company. Current IFRS measures used in the gold industry, such as operating expenses, do not capture all of the expenditures incurred to discover, develop and sustain gold production. New Gold believes that "all-in sustaining costs per gold equivalent ounce" provides further transparency into costs associated with producing gold and will assist analysts, investors, and other stakeholders of the Company in assessing its operating performance, its ability to generate free cash flow from current operations and its overall value. In addition, the Human Resources and Compensation Committee of the Board of Directors uses "all-in sustaining costs", together with other measures, in its Company scorecard to set incentive compensation goals and assess performance.
"All-in sustaining costs per gold equivalent ounce" is intended to provide additional information only and does not have any standardized meaning under IFRS and may not be comparable to similar measures presented by other mining companies. It should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The measure is not necessarily indicative of cash flow from operations under IFRS or operating costs presented under IFRS.
New Gold defines "all-in sustaining costs per gold equivalent ounce" as the sum of total cash costs, net of capital expenditures that are sustaining in nature, corporate general and administrative costs, capitalized and expensed exploration that is sustaining in nature, lease payments that are sustaining in nature, and environmental reclamation costs, all divided by the total gold equivalent ounces sold to arrive at a per ounce figure. The "Sustaining Capital Expenditure Reconciliation" table below reconciles New Gold's sustaining capital to its cash flow statement. The definition of sustaining versus non-sustaining is similarly applied to capitalized and expensed exploration costs and lease payments. Exploration costs and lease payments to develop new operations or that relate to major projects at existing operations where these projects are expected to materially increase production are classified as non-sustaining and are excluded. Gold equivalent ounces of copper and silver produced or sold in a quarter are computed using a consistent ratio of copper and silver prices to the gold price and multiplying this ratio by the pounds of copper and silver ounces produced or sold during that quarter.
Costs excluded from all-in sustaining costs are non-sustaining capital expenditures, non-sustaining lease payments and exploration costs, financing costs, tax expense, and transaction costs associated with mergers, acquisitions and divestitures, and any items that are deducted for the purposes of adjusted earnings.
Sustaining Capital and Sustaining Leases
"Sustaining capital" and "sustaining lease" are non-GAAP financial performance measures that do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. New Gold defines "sustaining capital" as net capital expenditures that are intended to maintain operation of its gold producing assets. Similarly, a "sustaining lease" is a lease payment that is sustaining in nature. To determine "sustaining capital" expenditures, New Gold uses cash flow related to mining interests from its consolidated statement of cash flows and deducts any expenditures that are capital expenditures to develop new operations or capital expenditures related to major projects at existing operations where these projects will materially increase production. Management uses "sustaining capital" and "sustaining lease" to understand the aggregate net result of the drivers of all-in sustaining costs other than total cash costs. These measures are intended to provide additional information only and should not be considered in isolation or as substitutes for measures of performance prepared in accordance with IFRS.
Growth Capital
"Growth capital" is a non-GAAP financial performance measure that does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. New Gold considers non-sustaining capital costs to be "growth capital", which are capital expenditures to develop new operations or capital expenditures related to major projects at existing operations where these projects will materially increase production. To determine "growth capital" expenditures, New Gold uses cash flow related to mining interests from its consolidated statement of cash flows and deducts any expenditures that are capital expenditures that are intended to maintain operation of its gold producing assets. Management uses "growth capital" to understand the cost to develop new operations or related to major projects at existing operations where these projects will materially increase production. This measure is intended to provide additional information only and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.
The following tables reconcile the above non-GAAP measures to the most directly comparable IFRS measure on an aggregate basis.
Consolidated OPEX, Cash Cost and All-in Sustaining Costs Reconciliation
Sustaining Capital Expenditures Reconciliation Table
Adjusted Net Earnings/(Loss) and Adjusted Net Earnings per Share
"Adjusted net earnings" and "adjusted net earnings per share" are non-GAAP financial performance measures that do not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. "Adjusted net earnings" and "adjusted net earnings per share" excludes "loss on repayment of long term debt" and "other gains and losses" as per Note 3 of the Company's condensed consolidated financial statements. Net earnings have been adjusted, including the associated tax impact, for loss on repayment of long term debt and the group of costs in "Other gains and losses" on the condensed consolidated income statements. Key entries in this grouping are: the fair value changes for the gold stream obligation, fair value changes for the free cash flow interest obligation, fair value changes for copper price option contracts, foreign exchange gains/loss and fair value changes in investments. The income tax adjustments reflect the tax impact of the above adjustments and is referred to as "adjusted tax expense".
The Company uses "adjusted net earnings" for its own internal purposes. Management's internal budgets and forecasts and public guidance do not reflect the items which have been excluded from the determination of "adjusted net earnings". Consequently, the presentation of "adjusted net earnings" enables investors to better understand the underlying operating performance of the Company's core mining business through the eyes of management. Management periodically evaluates the components of "adjusted net earnings" based on an internal assessment of performance measures that are useful for evaluating the operating performance of New Gold's business and a review of the non-GAAP financial performance measures used by mining industry analysts and other mining companies. "Adjusted net earnings" and "adjusted net earnings per share" are intended to provide additional information only and should not be considered in isolation or as substitutes for measures of performance prepared in accordance with IFRS. These measures are not necessarily indicative of operating profit or cash flows from operations as determined under IFRS. The following table reconciles these non-GAAP financial performance measures to the most directly comparable IFRS measure.
Cash Generated from Operations, before Changes in Non-Cash Operating Working Capital
"Cash generated from operations, before changes in non-cash operating working capital" is a non-GAAP financial performance measure that does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. Other companies may calculate this measure differently and this measure is unlikely to be comparable to similar measures presented by other companies. "Cash generated from operations, before changes in non-cash operating working capital" excludes changes in non-cash operating working capital. New Gold believes this non-GAAP financial measure provides further transparency and assists analysts, investors and other stakeholders of the Company in assessing the Company's ability to generate cash from its operations before temporary working capital changes.
Cash generated from operations, before non-cash changes in working capital is intended to provide additional information only and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. This measure is not necessarily indicative of operating profit or cash flows from operations as determined under IFRS. The following table reconciles this non-GAAP financial performance measure to the most directly comparable IFRS measure.
Free Cash Flow
"Free cash flow" is a non-GAAP financial performance measure that does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. New Gold defines "free cash flow" as cash generated from operations and proceeds of sale of other assets less capital expenditures on mining interests, lease payments, settlement of non-current derivative financial liabilities which include the gold stream obligation and the Ontario Teachers' Pension Plan free cash flow interest. New Gold believes this non-GAAP financial performance measure provides further transparency and assists analysts, investors and other stakeholders of the Company in assessing the Company's ability to generate cash flow from current operations. "Free cash flow" is intended to provide additional information only and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. This measure is not necessarily indicative of operating profit or cash flows from operations as determined under IFRS. The following tables reconcile this non-GAAP financial performance measure to the most directly comparable IFRS measure on an aggregate and mine-by-mine basis.
Average Realized Price
"Average realized price per ounce of gold sold" is a non-GAAP financial performance measure that does not have any standardized meaning under IFRS and therefore may not be comparable to similar measures presented by other issuers. Other companies may calculate this measure differently and this measure is unlikely to be comparable to similar measures presented by other companies. Management uses this measure to better understand the price realized in each reporting period for gold sales. "Average realized price per ounce of gold sold" is intended to provide additional information only and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. The following tables reconcile this non-GAAP financial performance measure to the most directly comparable IFRS measure on an aggregate and mine-by-mine basis.
For additional information with respect to the non-GAAP measures used by the Company, refer to the detailed "Non-GAAP Financial Performance Measure" section disclosure starting on page 27 in the MD&A for the three and six months ended June 30, 2022 filed on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this news release, including any information relating to New Gold's future financial or operating performance are "forward-looking". All statements in this news release, other than statements of historical fact, which address events, results, outcomes or developments that New Gold expects to occur are "forward-looking statements". Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of forward-looking terminology such as "plans", "expects", "is expected", "budget", "scheduled", "targeted", "estimates", "forecasts", "intends", "anticipates", "projects", "potential", "believes" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved" or the negative connotation of such terms. Forward-looking statements in this news release include, among others, statements with respect to: the Company's expectations and guidance regarding production, costs, capital investments and expenses on a consolidated and mine-by-mine basis, and the factors and timing contributing to those expected results; an anticipated stronger second half of the year and delivering on updated guidance; the Company's planned priorities, activities and focus areas for the mine sites for the remainder of the year; the continued review of optimization opportunities and assessment of cost reduction initiatives; the Company's mid to long-term strategy of increasing production and decreasing costs at both sites, and the expected free cash flow to be generated therefrom; the Company's planned objectives for the 2022-2026 period, and the anticipated results; the continued evaluation of and potential opportunities relating to reducing consumption; the projected reduction in fuel consumption and improvement of the Company's carbon footprint;; development of the Intrepid zone and anticipated production timing; the ramp-up of production at B3 and expectations regarding timing for development completion and reaching nameplate mining rates in the fourth quarter; C-Zone development and projected timing for production; advancing exploration activities at both sites and expected delivery of an exploration update during the third quarter; the potential for additional conversion of Mineral Resources to Mineral Reserves over time and an associated extension of mine life; expectations regarding the strip ratio at Rainy River for the remainder of the open pit; projected fourth quarter access to higher grade ore material at Rainy River; anticipated short and long term benefits from advancing the underground plan at Rainy River; expected timing for completion of the North Lobe open pit mining; and the Company's projections regarding free cash flow and the factors contributing thereto.
All forward-looking statements in this news release are based on the opinions and estimates of management that, while considered reasonable as at the date of this press release in light of management's experience and perception of current conditions and expected developments, are inherently subject to important risk factors and uncertainties, many of which are beyond New Gold's ability to control or predict. Certain material assumptions regarding such forward-looking statements are discussed in this news release, New Gold's latest annual MD&A, its most recent annual information form and technical reports on the Rainy River Mine and New Afton Mine filed on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. In addition to, and subject to, such assumptions discussed in more detail elsewhere, the forward-looking statements in this news release are also subject to the following assumptions: (1) there being no significant disruptions affecting New Gold's operations other than as set out herein; (2) political and legal developments in jurisdictions where New Gold operates, or may in the future operate, being consistent with New Gold's current expectations; (3) the accuracy of New Gold's current mineral reserve and mineral resource estimates and the grade of gold, silver and copper expected to be mined and the grade of gold, copper and silver expected to be mined; (4) the exchange rate between the Canadian dollar and U.S. dollar, and to a lesser extent, the Mexican Peso, and commodity prices being approximately consistent with current levels and expectations for the purposes of 2022 guidance and otherwise; (5) prices for diesel, natural gas, fuel oil, electricity and other key supplies being approximately consistent with current levels; (6) equipment, labour and materials costs increasing on a basis consistent with New Gold's current expectations; (7) arrangements with First Nations and other Aboriginal groups in respect of the New Afton Mine and Rainy River Mine being consistent with New Gold's current expectations; (8) all required permits, licenses and authorizations being obtained from the relevant governments and other relevant stakeholders within the expected timelines and the absence of material negative comments or obstacles during any applicable regulatory processes; (9) there being no significant disruptions to the Company's workforce at either the Rainy River Mine or New Afton Mine due to cases of COVID-19 (including any required self-isolation requirements due to cross-border travel to the United States or any other country or any other reason) or otherwise; (10) the responses of the relevant governments to the COVID-19 outbreak being sufficient to contain the impact of the COVID-19 outbreak; (11) there being no material disruption to the Company's supply chains and workforce that would interfere with the Company's anticipated course of action at the Rainy River Mine and the New Afton Mine; and (12) the long-term economic effects of the COVID-19 outbreak not having a material adverse impact on the Company's operations or liquidity position.
Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Such factors include, without limitation: price volatility in the spot and forward markets for metals and other commodities; discrepancies between actual and estimated production, between actual and estimated costs, between actual and estimated Mineral Reserves and Mineral Resources and between actual and estimated metallurgical recoveries; equipment malfunction, failure or unavailability; accidents; risks related to early production at the Rainy River Mine, including failure of equipment, machinery, the process circuit or other processes to perform as designed or intended; the speculative nature of mineral exploration and development, including the risks of obtaining and maintaining the validity and enforceability of the necessary licenses and permits and complying with the permitting requirements of each jurisdiction in which New Gold operates, including, but not limited to: obtaining the necessary permits for the New Afton C-Zone; uncertainties and unanticipated delays associated with obtaining and maintaining necessary licenses, permits and authorizations and complying with permitting requirements, including those associated with the C-Zone permitting process; changes in project parameters as plans continue to be refined; changing costs, timelines and development schedules as it relates to construction; the Company not being able to complete its construction projects at the Rainy River Mine or the New Afton Mine on the anticipated timeline or at all; volatility in the market price of the Company's securities; changes in national and local government legislation in the countries in which New Gold does or may in the future carry on business; controls, regulations and political or economic developments in the countries in which New Gold does or may in the future carry on business; the Company's dependence on the Rainy River Mine and New Afton Mine; the Company not being able to complete its exploration drilling programs on the anticipated timeline or at all; disruptions to the Company's workforce at either the Rainy River Mine or the New Afton Mine, or both, due to cases of COVID-19 or any required self-isolation (due to cross-border travel, exposure to a case of COVID-19 or otherwise); the responses of the relevant governments to the COVID-19 outbreak not being sufficient to contain the impact of the COVID-19 outbreak; disruptions to the Company's supply chain and workforce due to the COVID-19 outbreak; an economic recession or downturn as a result of the COVID-19 outbreak that materially adversely affects the Company's operations or liquidity position; there being further shutdowns at the Rainy River Mine or New Afton Mine; significant capital requirements and the availability and management of capital resources; additional funding requirements; diminishing quantities or grades of Mineral Reserves and Mineral Resources; actual results of current exploration or reclamation activities; uncertainties inherent to mining economic studies including the Technical Reports for the Rainy River Mine and New Afton Mine; impairment; unexpected delays and costs inherent to consulting and accommodating rights of First Nations and other indigenous groups; climate change, environmental risks and hazards and the Company's response thereto; tailings dam and structure failures; actual results of current exploration or reclamation activities; fluctuations in the international currency markets and in the rates of exchange of the currencies of Canada, the United States and, to a lesser extent, Mexico; global economic and financial conditions and any global or local natural events that may impede the economy or New Gold's ability to carry on business in the normal course; compliance with debt obligations and maintaining sufficient liquidity; taxation; fluctuation in treatment and refining charges; transportation and processing of unrefined products; rising costs or availability of labour, supplies, fuel and equipment; adequate infrastructure; relationships with communities, governments and other stakeholders; geotechnical instability and conditions; labour disputes; the uncertainties inherent in current and future legal challenges to which New Gold is or may become a party; defective title to mineral claims or property or contests over claims to mineral properties; competition; loss of, or inability to attract, key employees; use of derivative products and hedging transactions; counterparty risk and the performance of third party service providers; investment risks and uncertainty relating to the value of equity investments in public companies held by the Company from time to time; the adequacy of internal and disclosure controls; conflicts of interest; the lack of certainty with respect to foreign operations and legal systems, which may not be immune from the influence of political pressure, corruption or other factors that are inconsistent with the rule of law; the successful acquisitions and integration of business arrangements and realizing the intended benefits therefrom; and information systems security threats. In addition, there are risks and hazards associated with the business of mineral exploration, development, construction, operation and mining, including environmental events and hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold bullion losses (and the risk of inadequate insurance or inability to obtain insurance to cover these risks) as well as "Risk Factors" included in New Gold's most recent annual information form, MD&A and other disclosure documents filed on and available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. Forward looking statements are not guarantees of future performance, and actual results and future events could materially differ from those anticipated in such statements. All forward-looking statements contained in this news release are qualified by these cautionary statements. New Gold expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.
Technical Information
The scientific and technical information relating to the Mineral Resources and Reserves contained herein has been reviewed and approved by Michele Della Libera, Director, Exploration for the Company. All other scientific and technical information contained in this news release has been reviewed and approved by Patrick Godin, Executive Vice President and Chief Operating Officer of New Gold. Mr. Della Libera is a Professional Geologist and a member of the Association of Professional Geoscientists of Ontario and the Engineers and Geoscientists British Columbia. Mr. Godin is a Professional Engineer and member of the Ordre des ingénieurs du Québec. Mr. Della Libera and Mr. Godin are each a "Qualified Person" for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
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https://www.mysuncoast.com/prnewswire/2022/08/04/new-gold-reports-2022-second-quarter-results/
| 2022-08-04T12:04:09Z
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GÖTEBORG, Sweden, April 1, 2022 /PRNewswire/ -- SKF would like to make the following statement in relation to recent media reporting related to sales to certain companies in the Russian nuclear weapons program.
SKF takes this information very seriously and carries out an investigation to thoroughly investigate the matter. The investigation is being made by SKF Internal Audit and supported by external experts.
SKF has received a file with links to websites where Russian state-owned companies publish public tenders. The information includes 171 tenders made by 17 Russian companies.
SKF has not had any of these 17 companies as customers.
SKF has reviewed each of these 171 tenders in detail and in the investigation found one distributor that has bought standard SKF products and then sold them to a company in the armaments industry. This sale was made without the knowledge of SKF. The sale was in breach of the contract between SKF and the distributor as well as with SKF's Code of Conduct for distributors. The total value of sold products from the distributor to the customer amounted to SEK 113,000 during 2019–2021, with no sales before or after that period. SKF takes this breach of contract very seriously and will take appropriate actions.
For clarity, the distributor's sale to said customer does not mean that SKF has violated any applicable sanctions or export control rules.
Aktiebolaget SKF
(publ)
For further information, please contact:
PRESS: Carl Bjernstam, Group Communication
tel: 46 31-337 2517; mobile: 46 722-201 893; e-mail: carl.bjernstam@skf.com
INVESTOR RELATIONS: Patrik Stenberg, Head of Investor Relations
tel: 46 31-337 2104; mobile: 46 705-472 104; patrik.stenberg@skf.com
This information was brought to you by Cision http://news.cision.com
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https://www.mysuncoast.com/prnewswire/2022/04/01/skf-statement-media-reporting-related-sales-russia/
| 2022-04-01T11:29:32Z
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US approves massive arms sale to Saudi, UAE to counter Iran
WASHINGTON (AP) — The Biden administration on Tuesday approved two massive arms sales to Saudi Arabia and the United Arab Emirates to help them defend against Iran.
The more than $5 billion in missile defense and related sales follow President Joe Biden’s visit to the Middle East last month, during which he met with numerous regional leaders in Saudi Arabia. Both Saudi Arabia and the UAE have been hit in recent months with rocket attacks from the Iran-backed Houthi rebel movement in Yemen.
Although Tuesday’s approvals are for defensive weapons, they may be questioned by lawmakers who had supported Biden’s decision last year to cut Saudi Arabia and the UAE off from major purchases of offensive U.S. arms because of their involvement in the war in Yemen.
The new sales include $3 billion for Patriot missiles for Saudi Arabia specifically designed to protect itself from rocket attacks by the Houthis, and $2.2 billion for high-altitude missile defense for the UAE.
“The proposed sale will improve the Kingdom of Saudi Arabia’s capability to meet current and future threats by replenishing its dwindling stock of PATRIOT GEM-T missiles,” the State Department said in its notice informing Congress of the sale.
“These missiles are used to defend the Kingdom of Saudi Arabia’s borders against persistent Houthi cross-border unmanned aerial system and ballistic missile attacks on civilian sites and critical infrastructure in Saudi Arabia,” the department said.
For UAE, the department said the sale would “support the foreign policy and national security of the United States by helping to improve the security of an important regional partner. The UAE is a vital U.S. partner for political stability and economic progress in the Middle East.”
Early in his administration Biden had pledged to cut off or cut back weapons sales to both Saudi Arabia and the UAE because of their actions in Yemen.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/08/02/us-approves-massive-arms-sale-saudi-uae-counter-iran/
| 2022-08-02T22:26:53Z
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FREMONT, Calif., July 14, 2022 /PRNewswire/ -- THINK Surgical, Inc., an innovator in the field of orthopedic surgical robots, today announced the appointment of Chris Fronk as the Chief Commercial Officer. Mr. Fronk joined THINK Surgical in January 2022 as VP Sales and has added tremendous value to the company in a short period of time.
Based on his nearly two decades of experience in selling enabling technologies such as navigation and surgical robots, Mr. Fronk has great instincts regarding customer expectations, commercial models and user experiences with enabling technologies. He also has great instincts for talent. These instincts will allow Chris to build a powerful commercial team and shape an effective commercial strategy for THINK Surgical.
In this expanded role, Mr. Fronk will be responsible for defining the user needs for products in development as well as building a sales and marketing organization ahead of important new product introductions in both the US market and elsewhere around the world.
"We are delighted that Chris has joined our executive leadership team." said Stuart Simpson, president and chief executive officer of THINK Surgical. "Chris has an ability to engage customers, commercial partners and employees alike and we are impressed by his thoughtful approach to aligning stakeholders around the vision for THINK Surgical. We believe the increased scope of Chris' role in the company will enable him to deliver impactful new product introductions and create a persuasive value proposition for our customers."
"I am excited to take on the CCO role at THINK Surgical," said Mr. Fronk. "THINK's industry leading active robot technology combined with an open library of implants from different manufacturers represents the next level of offering for the orthopedic customer looking to start a successful robotic surgery program. The portfolio of products and services being assembled by THINK will offer a compelling alternative to the closed systems being offered by the major orthopedic companies."
THINK Surgical, Inc., a privately held U.S.-based medical device and technology company, develops, manufactures, and markets active robotics for orthopedic surgery. The TSolution One® Total Knee Application includes the only commercially available, active robot for total knee arthroplasty (TKA) utilizing an open implant library, supporting a variety of implant options. The core technology of the TSolution One has been used in thousands of successful total joint replacements worldwide.
THINK Surgical actively collaborates with healthcare professionals around the globe to refine our orthopedic products, improving the lives of those suffering from advanced joint disease with precise, accurate, and intelligent technology. Please refer to the instructions for use for the TSolution One Total Knee Application for a complete list of indications, contraindications, warnings, and precautions. For additional product information, please visit www.thinksurgical.com.
THINK Surgical and TSolution One are registered trademarks of THINK Surgical, Inc. ©2022 THINK Surgical, Inc. All rights reserved.
Media Contact:
Allissa Tran,
atran@thinksurgical.com
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| 2022-07-14T16:25:57Z
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NEW YORK, June 8, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Abbott Laboratories ("Abbott" or the "Company") (NYSE: ABT). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Abbott and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On May 25, 2022, Dr. Robert Califf, the head of the Food and Drug Administration ("FDA"), testified to the Energy and Commerce Subcommittee of the U.S. House of Representatives in connection with the ongoing baby-formula shortage affecting the U.S. As reported by The New York Times in an article entitled "F.D.A. Chief Details 'Shocking' Conditions at Baby Formula Plant", Dr. Califf "detailed 'egregiously unsanitary' conditions" at the Abbott plant in Michigan that was shut down in February, precipitating the shortage crisis. Dr. Califf testified that "'the inspection results were shocking'" and that "'[w]e had no confidence in integrity of the quality program at the facility[.]'"
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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https://www.kxii.com/prnewswire/2022/06/09/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-abbott-laboratories-abt/
| 2022-06-09T01:46:27Z
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MOUNT AIRY, Md., Sept. 15, 2022 /PRNewswire/ -- Twenty-seven Congressional Medal of Honor recipients are calling on Congress to enact National Warrior Call Day – a suicide prevention push that aims to enlist millions of Americans to connect with service members and veterans, according to the Troops First Foundation.
"As former service members who have received the Medal of Honor, we are writing you on behalf of our fellow team members who may be dangerously disconnected and close to the brink of suicide. We are writing to ask you to support a national effort to connect with these brave Americans and steer them to resources," they wrote.
Senate lawmakers have introduced a congressional resolution (S.Res. 754) to declare the Sunday after Veterans Day "National Warrior Call Day." This year, the day of action falls on Sunday, Nov. 13, 2022. The effort is supported by numerous leading veteran organizations, current and former military officials, all living former VA secretaries and a host of public policy organizations.
Warrior Call seeks to reverse the suicide trend through a simple premise and call to action: Americans – but especially active duty servicepeople and veterans – should connect on Nov. 13 with those who are wearing or have worn the uniform to let them know they care. Participants should make a call, have an honest conversation and steer them to resources, if necessary. In their letter to members of Congress, the American heroes stress the urgent need for Warrior Call.
"This effort comes at an important time: as the rapid unraveling of Afghanistan has spurred anguish and frustration among the 700,000 service members who served there. It also comes as the suicide rate for active-duty forces reached its highest level," they wrote.
"The resolution does not directly involve the VA or require appropriation of federal dollars, but its value is priceless. Enactment of the resolution will help connect service members and vets to support networks. In short, it will save lives," they wrote.
Frank Larkin, chair of Warrior Call, stressed that, "Congress now must do its part. A resolution would raise awareness of the imperative for every American to make a call to a warrior, on Nov. 13 and over time until every warrior is safe."
The entirety of their letter can be viewed here.
Founded in 2008, the Troops First Foundation implements initiatives that foster connectivity, build trust and address reintegration in post-9/11 warrior care. One of the foundation's programs is Warrior Call.
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https://www.wibw.com/prnewswire/2022/09/15/twenty-seven-medal-honor-recipients-call-congress-enact-national-warrior-call-day/
| 2022-09-15T13:55:31Z
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MIAMISBURG, Ohio, Aug. 8, 2022 /PRNewswire/ -- In an ongoing effort to improve customer service and maximize water system efficiency for its community, the City of Miamisburg has partnered with Ferguson Waterworks to replace the City's 8,500 water meters.
"We are excited to partner with a forward-thinking utility like Miamisburg," Jeff Garrett, Ferguson AMI Specialist said. "This type of automated system brings customer service to the forefront, benefitting residents serviced by the utility."
Ferguson's advanced metering infrastructure (AMI) system by Master Meter, works immediately upon installation and eliminates manual reading by utility workers, allowing more time for maintenance and faster emergency response time. "After all meters are installed, a customer dashboard will be available via a downloadable app. The dashboard provides real-time water usage and sends high usage notifications to customers in the event of a water leak in their home, for example," said Valerie Griffin, Public Works director.
In July the installation contractor, Professional Meters, Inc., will mail letters and distribute hanging door signs notifying customers when their meter will be exchanged so they can plan for a 15-to-20-minute water service interruption. Meters located indoors, require customers to be present for installation.
Headquartered in Miamisburg, Ohio, Miamisburg Public Works is a public utility that provides services to residents of Miamisburg, a 12-square-mile suburb of Dayton with around 20,000 residents.
For more information, visit www.cityofmiamisburg.com.
Ferguson plc (NYSE: FERG; LSE: FERG) is a leading value-added distributor providing expertise, solutions, and products from infrastructure, plumbing, and appliances to HVAC, fire, fabrication, and more. We exist to make our customers' complex projects simple, successful and sustainable. Ferguson is headquartered in the U.K., with operations in North America. For more information, please visit www.fergusonplc.com or follow us on LinkedIn https://www.linkedin.com/company/ferguson-enterprises.
Media Contacts:
Valerie Griffin of The City of Miamisburg, Valerie.Griffin@cityofmiamisburg.com
Kelsey Rehmer of Rogue Monkey Media, Kelsey@roguemonkeymedia.com
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SOURCE City of Miamisburg, OH
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https://www.kxii.com/prnewswire/2022/08/08/city-miamisburg-partners-with-ferguson-waterworks-implement-major-upgrade-water-metering-capabilities/
| 2022-08-08T17:09:10Z
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American Diabetes Association and DaVita launch a digital experience with resources for preventing and managing diabetes-related kidney complications
ARLINGTON, Va. and DENVER, July 25, 2022 /PRNewswire/ -- The American Diabetes Association® (ADA), along with DaVita, are excited to announce the launch of an interactive digital experience aimed at helping those living with diabetes prevent and manage kidney disease. Diabetes affects one in seven adults in the U.S.—and is the number one cause of chronic kidney disease (CKD). Committed to providing the education and resources needed to combat diabetes-related health complications, the ADA recently launched a new kidney care education section under Living with Diabetes on its website.
"Understanding the connection between diabetes and kidney health is a critical first step to preventing and managing diabetes-related kidney problems," said Dr. Robert Gabbay, chief scientific and medical officer for the ADA. "ADA is proud to announce that DaVita is a national sponsor of Living With Diabetes: Kidney Care. We created this interactive, online experience to meet people wherever they are on their diabetes care journey, and empower them with information that's targeted to their specific needs."
Visitors to the site will find advice and guidance aimed at helping to prevent kidney disease for individuals recently diagnosed with diabetes, as well as resources like:
- Kidney Smart® classes – an award-winning, interactive community and virtual education program available at no cost
- Kidney-friendly recipes, meal plans, and eating tips
- Helpful ideas for engaging with their physicians
Because CKD is defined by stages, the site also offers insight and information about how people already diagnosed with both diabetes and kidney disease can manage their health at different stages of CKD.
"Sixty percent of people living with kidney failure have diabetes," says Dr. Jeff Giullian, chief medical officer for DaVita. "Educating individuals about the link between these two diseases can be a key component of managing kidney care and preventing kidney failure. We're thrilled to work with the ADA to help connect this audience with crucial information that can help people enjoy healthier lives, without the need for kidney transplantation or dialysis."
The website aims to provide individuals living with diabetes, small steps they can take that could have a larger, positive impact on their overall health and help to reduce their risk of developing kidney disease. To learn more, visit Diabetes.org/living-with-diabetes.
About the American Diabetes Association
The American Diabetes Association (ADA) is the nation's leading voluntary health organization fighting to bend the curve on the diabetes epidemic and help people living with diabetes thrive. For 81 years, the ADA has driven discovery and research to treat, manage, and prevent diabetes while working relentlessly for a cure. Through advocacy, program development, and education we aim to improve the quality of life for the over 133 million Americans living with diabetes or prediabetes. Diabetes has brought us together. What we do next will make us Connected for Life. To learn more or to get involved, visit us at diabetes.org or call 1-800-DIABETES (1-800-342-2383). Join the fight with us on Facebook (American Diabetes Association), Spanish Facebook (Asociación Americana de la Diabetes), LinkedIn (American Diabetes Association), Twitter (@AmDiabetesAssn), and Instagram (@AmDiabetesAssn).
About DaVita
About DaVita Inc. DaVita (NYSE: DVA) is a comprehensive kidney care provider focused on transforming care to improve the quality of life for patients globally. The company is a leading provider of kidney care services in the U.S. and has been a leader in clinical quality and innovation for more than 20 years. DaVita is working to help increase equitable access to care for patients at every stage and setting along their kidney health journey—from slowing progression of kidney disease to streamlining the transplant process, from acute hospital care to dialysis at home. As of March 31, 2022, DaVita served 200,800 patients at 2,809 outpatient dialysis centers in the U.S. The company operated an additional 346 outpatient dialysis centers in 11 other countries worldwide. DaVita has reduced hospitalizations, improved mortality and worked collaboratively to help propel the kidney care community to adopt an equitable, high-quality standard of care for patients around the globe. To learn more, visit DaVita.com/About.
Contact: Daisy Diaz, 703-253-4807
press@diabetes.org
Megan Anthony, 720-631-2170
Megan.Anthony@DaVita.com
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SOURCE American Diabetes Association
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https://www.kxii.com/prnewswire/2022/07/25/american-diabetes-association-focuses-prevention-kidney-disease-through-collaboration-with-davita/
| 2022-07-25T14:30:16Z
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PITTSBURGH, June 29, 2022 /PRNewswire/ -- "I wanted to create an accessory to provide mask wearers with fresh filtered air," said an inventor, from Goodyear, Ariz., "so I invented the AIR BREATHER. My design would also help to kill germs and viruses."
The invention provides an effective way to deliver filtered air while wearing a mask. In doing so, it prevents the user from constantly inhaling exhaled carbon dioxide. It also helps to kill or inactivate any potential contaminants and it provides added protection and peace of mind. The invention features a lightweight design that is easy to wear and use so it is ideal for hospital personnel and the general population.
The original design was submitted to the Phoenix sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-PBT-182, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp
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https://www.mysuncoast.com/prnewswire/2022/06/29/inventhelp-inventor-develops-filtered-air-accessory-use-with-masks-pbt-182/
| 2022-06-29T18:48:39Z
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XI'AN, China, Aug. 15, 2022 /PRNewswire/ -- ENTREPRENEUR UNIVERSE BRIGHT GROUP ("EUBG" or the "Company") (OTCBB: EUBG), a digital marketing consulting company, announced its unaudited financial results for the second quarter ended June 30, 2022.
Mr. Guolin Tao, CEO of Entrepreneur Universe Bright Group commented, "Due to the government measures taken to contain COVID-19, the offline activities of the Company's PRC subsidiary were restricted from late January to May 2020, resulting in cancellations or postponements of the marketing efforts of our customers. Specifically, as a result of government mandated closures of non-essential business in China, many of the Company's customers' business were suspended while others permanently closed their businesses. From December 22, 2021 to January 24, 2022, Xi'an city, the PRC, went into lockdown following a coronavirus outbreak that officials attributed to the delta variant. From April 16, 2022 to April 19, 2022, the city was under temporary controls of social activities after reporting more than 40 infections in half month. This affected both the Company's digital marketing consulting services and our KOL Training Related Services."
Second Quarter 2022 Unaudited Financial Results
- Revenue decreased by 3.7% to $840,868
- Gross profit increased by 8.0% to $727,536
- Net income increased by 117.8% to $265,850
Revenue and cost of revenue: During the three months ended June 30, 2022, we generated revenue of $840,868 compared to $873,084 for the three months ended June 30, 2021, representing a decrease of $32,216 or 3.7% as compared with the prior period. For the three months ended June 30, 2022, our revenue from consultancy services and sourcing and marketing services were $680,606 and $160,262, respectively; while revenue for the three months ended June 30, 2021 was wholly generated from our consultancy services. Cost of revenue was $113,332 for the three months ended June 30, 2022 compared to $199,451 for the three months ended June 30, 2021. The decrease of cost of revenue for the three months ended June 30, 2022 was mainly due to our senior management no longer directly involved in performing the services but focused on management work. Therefore, less direct senior management costs were incurred in the consultancy services and souring and marketing service.
Selling expenses: During the three months ended June 30, 2022, we incurred $8,319 selling expenses compared to $85,760 for the three months ended June 30, 2021, representing a decrease of $77,441 or 90.3% as compared with the prior period. The decrease of selling expenses was mainly due to the tightening of entertainment policies during the period and the staff costs incurred in selling activities were dropped by $42,974 or 90.5% for the three months ended June 30, 2022.
General and administrative expenses: During the three months ended June 30, 2022, we incurred $331,385 general and administrative expenses compared to $351,935 for the three months ended June 30, 2021, representing a decrease of $20,550 or 5.8% as compared with the prior period. The slight decrease for the three months ended June 30, 2022 was mainly due to less audit fees and professional fees charged by the professional parties. Our general and administrative expenses consisted mainly of audit fees, professional fees, payroll expenses and consultancy fees.
Total other income, net: During the three months ended June 30, 2022, we generated net other income of $58,099 compared to $32,392 for the three months ended June 30, 2021, representing an increase of $25,707 or 79.4% as compared with the prior period. Our other income mainly consisted of bank interest income, exchange rate differences and certain sundry incomes.
Income tax expense: During the three months ended June 30, 2022, we incurred income tax expense of $180,081 compared to $146,289 for the three months ended June 30, 2021, representing an increase of $33,792 or 23.1% as compared with the prior period. The income tax expenses were charged in China.
For the three months ended June 30, 2022, our income tax expenses comprised of current tax and deferred tax expenses of $131,409 and $48,672, respectively, compared to $122,745 and $23,544 for the three months ended June 30, 2021.
Net income: As a result of the above, we generated a net income of $265,850 and $122,041 for the three months ended June 30, 2022 and 2021, respectively, representing an increase of $ 143,809 or 117.8% as compared with the prior period.
Cash and cash equivalents. As of June 30, 2022 and December 31, 2021, $7.64 million and $7.65 million of the Company's cash and cash equivalents, respectively were held at financial institutions located in the PRC and Hong Kong that management believes to be of high credit quality.
Six Months Ended June 30, 2022 Unaudited Financial Results
- Revenue decreased by 28.2% to $2,049,872
- Gross profit decreased by 33.4% to $1,624,061
- Net income decreased by 39.7% to $657,023
Revenue and cost of revenue: During the six months ended June 30, 2022, we generated revenue of $2,049,872 compared to $2,856,944 for the six months ended June 30, 2021, representing a decrease of $807,072 or 28.2% as compared with the prior period. The decrease was mainly due to our consultancy services income, generated from clients who engaged in online courses business, dropped by $1,950,347 as compared with last period. This was because the end customers became more patient and cautious in choosing online courses. We continued to seek for different business opportunities to stabilize our income streams. During the six months ended June 30, 2022, we generated $272,962 from our new digital training related services and $576,582 from our consultancy services to a customer who engaged in live streaming business. However, these new income streams only compensated a part of the revenue reduction in current period. As of the date of this filing, the digital training related services with Jade Bird remain suspended. Therefore, we expected the new revenue will not be available to compensate the revenue reduction until further notice. Cost of revenue was $425,811 for the six months ended June 30, 2022 compared to $418,772 for the six months ended June 30, 2021. For the six months ended June 30, 2022, the cost of revenue mainly represented the staff costs for our consulting services and the agency fees for our digital training related services.
Selling expenses: During the six months ended June 30, 2022, we incurred $24,914 selling expenses compared to $170,014 for the six months ended June 30, 2021, representing a decrease of $145,100 or 85.3% as compared with the prior period. The decrease of selling expenses was mainly due to the tightening of entertainment policies during the period and the staff costs incurred in selling activities were dropped by $70,200 or 80.0% for the six months ended June 30, 2022.
General and administrative expenses: During the six months ended June 30, 2022, we incurred $642,673 general and administrative expenses compared to $579,301 for the six months ended June 30, 2021, representing an increase of $63,372 or 10.9% as compared with the prior period. The increase for the six months ended June 30, 2022 was mainly due certain senior management no longer directly involved in performing the services but focused on management work. Therefore, more senior management costs were incurred during the period. Our general and administrative expenses consisted mainly of audit fees, professional fees, payroll expenses and consultancy fees.
Total other income, net: During the six months ended June 30, 2022, we generated net other income of $159,921 compared to $70,094 for the six months ended June 30, 2021, representing an increase of $89,827 or 128.2% as compared with the prior period. Our other income mainly consisted of bank interest income, exchange rate differences and certain sundry incomes.
Income tax expense: During the six months ended June 30, 2022, we incurred income tax expense of $459,372 compared to $670,274 for the six months ended June 30, 2021, representing a decrease of $210,902 or 31.5% as compared with the prior period. The income tax expenses were charged in China.
For the six months ended June 30, 2022, our income tax expenses comprised of current tax and deferred tax expenses of $335,479 and $123,893, respectively, compared to $521,510 and $148,764 for the six months ended June 30, 2021. The decrease of the current tax and deferred tax was mainly aligned with the reduction of revenue and gross profit during the period.
Net income: As a result of the above, we generated a net income of $657,023 and $1,088,677 for the six months ended June 30, 2022 and 2021, respectively.
About ENTREPRENEUR UNIVERSE BRIGHT GROUP
ENTREPRENEUR UNIVERSE BRIGHT GROUP is a digital marketing consultation company with its main operation in China, providing marketing consulting services to Chinese start-up companies. The company provides consulting services, sourcing and marketing services in China through its PRC subsidiary with support from its HK subsidiary. Its PRC subsidiary provides services aimed at connecting businesses with e-commerce platforms. The integrated service platform focuses on strategic marketing and consulting. The company's mission is to help start-up companies and small-size companies and guide these companies' founders in utilizing the company's digital marketing consulting plan to reach their business goals. For more information about the Company, please visit: http://www.eubggroup.com/.
Safe Harbor Statement
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Specifically, the Company's statements regarding trading on the OTCBB market and closing the initial public offering are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
The Company:
Jianyong Li
Email: lijianyong@eubggroup.com
Phone: +86-(029) 86100263
Investor Relations:
Janice Wang
EverGreen Consulting Inc.
Email: IR@changqingconsulting.com
Phone: +1-908-510-2351 (from U.S.)
+86 13811768559 (from China)
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SOURCE ENTREPRENEUR UNIVERSE BRIGHT GROUP
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https://www.kxii.com/prnewswire/2022/08/15/entrepreneur-universe-bright-group-announces-2022-q2-financial-results/
| 2022-08-15T19:48:26Z
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SINGAPORE, July 26, 2022 /PRNewswire/ -- EQONEX Limited (NASDAQ: EQOS) ("EQONEX" or the "Company"), a digital assets financial services company, today announced that on July 21, 2022, it received a written notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") that the Company is not in compliance with the minimum bid price requirement of US$1.00 per share set forth in Nasdaq Rules for continued listing on Nasdaq.
Based on the closing bid price of the Company's listed securities for the last 30 consecutive business days from June 7, 2022, to July 20, 2022, the Company no longer meets the minimum bid price requirement set forth in Listing Rule 5550(a)(2). The Notice is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company's securities on the Nasdaq Capital Market.
In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until January 17, 2023, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company's common shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days.
The Company's business operations are not affected by the receipt of the Notification Letter. The Company intends to monitor the closing bid price of its ordinary shares and may, if appropriate, consider implementing available options, including, but not limited to, implementing a reverse share split of its outstanding ordinary shares, to regain compliance with the minimum bid price requirement under the Nasdaq Rules for continued listing on Nasdaq.
The Company intends to resolve the deficiency and regain compliance with the Listing Rules.
About EQONEX
EQONEX Limited (NASDAQ: EQOS) is a technology driven digital assets financial services group that provides institutional grade infrastructure and a full suite of trading, custody and asset management solutions to clients. The Group's digital assets ecosystem has been designed to accommodate the needs of institutions and individuals with the same degree of regulatory oversight and security they are accustomed to in traditional financial markets. EQONEX's ecosystem primarily encompasses EQONEX Exchange, a digital asset exchange; Digivault, a FCA accredited hot and cold digital assets custodian and Bletchley Park Asset Management, a fund of crypto-hedge funds.
For more information visit: https://group.eqonex.com/
Follow EQONEX on social media on Twitter @eqonex, on Facebook @eqonex, and on LinkedIn.
Forward-Looking Information
Any forward-looking statements in this press release are based on available current market material and management's expectations, beliefs and forecasts concerning future events impacting EQONEX. You are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, as well as assumptions, which, if they were to ever materialize or prove incorrect, could cause the results of EQONEX to differ materially from those expressed or implied by such forward-looking statements. The forward-looking statements made in this press release speak only as of the date hereof and we disclaim any obligation, except as required by law, to provide updates, revisions or amendments to any forward-looking statements to reflect changes in our expectations or future events.
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SOURCE EQONEX
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https://www.wibw.com/prnewswire/2022/07/26/eqonex-receives-nasdaq-notification-regarding-minimum-bid-price-deficiency/
| 2022-07-26T21:16:37Z
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WATERLOO, Wis., June 9, 2022 /PRNewswire/ -- In celebration of Crave Brothers Farmstead Cheese 20th Anniversary, Crave Brothers announces six winners including three consumers and three professionals, for its 20th Anniversary 2022 Recipe Contest.
Home cooks and food professionals were invited to submit their favorite original recipes in any of the three following categories: Appetizer/Side Dish (including salads) Main Entrée, and/or Desserts. They were required to use any one or more Crave Brothers Farmstead Cheeses including Fresh Mozzarella, Mascarpone, Chocolate Mascarpone, Farmers Rope String Cheese, Oaxaca, and/or Cheddar Cheese Curds.
"Cheese is a diverse ingredient that can be used in a variety of ways, and we know no better way to celebrate our 20th anniversary than with a recipe contest," says Debbie Crave, Vice President. "It was a challenge to judge so many delicious entries. We always like new recipe ideas using our cheeses."
Recipes were judged by a professional panel using a criterion of creativity, presentation, flavor, and innovative use of Crave Brothers cheese. The winners are:
CONSUMER:
- Café Mocha Bread Pudding Cheesecake with Hot Mocha Sauce & Mixed Berries, featuring Chocolate Mascarpone by Mary McShack from Alabama - (Dessert)
- Caprese Inspired Shrimp Gnocchi, featuring Mascarpone and Fresh Mozzarella by DonnaMarie Ryan from Massachusetts - (Main Entry)
- Gluten Free, Curd Cloud Bites with Spiced Honey Mascarpone Spread, featuring Cheddar Cheese Curds and Mascarpone by Chera Little from Texas - (Appetizer)
PROFESSIONAL:
- Cannoli Cheesecake, featuring Mascarpone by Dustin Barman from Wisconsin (D•Bar Bakery) - (Dessert)
- CRAVEable Corn Dip, featuring Oaxaca, Farmers Rope and Fresh Mozzarella by Sarah Mittelstadt from Wisconsin (Farm Table Foundation) - (Appetizer)
- Dry rubbed pork tenderloin with Crave's captivating Coconut Peanut Butter Chocolate Mascarpone Dipping Sauce, featuring Chocolate Mascarpone by Natalie E Herman from South Caroline (NEH Media LLC) - (Main Entry)
The recipes will be published on the Crave Brothers website for cheese lovers to try at home. For more information about Crave Brothers Farmstead Cheese or to purchase their cheeses, visit www.cravecheese.com.
Crave Brothers Farmstead Cheese LLC produces award-winning Fresh Mozzarella, Mascarpone, Oaxaca, Farmers Rope String Cheese, and Fresh Cheddar Cheese Curds. The Crave family, celebrating 20 years in the cheese-making business in 2022, farms 2,500 acres of productive land in south-central Wisconsin, growing soybeans, corn and alfalfa to use as nutritious feed for their Holstein cows. From the biodigester to water recovery and recycling, sustainability is top-of-mind on both the farm and cheese factory. The Crave Brothers Farm LLC and Crave Brothers Farmstead Cheese LLC use 100% green power and are carbon-negative businesses.
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SOURCE Crave Brothers Farmstead Cheese
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https://www.wibw.com/prnewswire/2022/06/09/crave-brothers-farmstead-cheese-announces-20th-anniversary-recipe-contest-winners/
| 2022-06-09T13:44:11Z
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GURUGRAM, India, Aug. 4, 2022 /PRNewswire/ -- Cielo, the world's leading Talent Acquisition Partner, has launched its first office in India. The new workspace in Gurugram, just southwest of New Delhi, is a critical milestone in Cielo's expansion across the Asia Pacific region.
Cielo's India team delivers fresh and proven talent acquisition solutions to diverse organizations across the IT, engineering, life sciences, automotive and consulting sectors. Beyond Recruitment Process Outsourcing (RPO), Cielo provides the India market with world-class consulting services, including employer brand, all backed by its proprietary technology platform, Cielo TalentCloud.
"Establishing a solid presence in India is vital to Cielo's vision – to lead the market with better talent experiences for all," Shailesh Singh, Director India at Cielo said. "We're excited to start this new chapter of operations in India as Cielo cements itself as the leader in global talent acquisition."
Cielo is committed to pairing market-leading talent acquisition solutions with expertise across multiple sectors, including technology and life sciences – both major industries in India. The country's tech industry experienced record-breaking growth in 2022 and its pharmaceutical industry is the third-largest in the world. With unmatched experience and knowledge in these areas, Cielo is well-positioned to provide impactful recruiting and talent solutions to the market in India.
"Cielo's expansion into India is underpinned by our commitment to strengthening Cielo's footprint in key regions, forging closer ties and lasting partnerships with every client to better meet their talent acquisition needs and overall business goals," said Marissa Geist, CEO of Cielo.
Established in 2005, Cielo's 4,000 employees now serve 215 clients across 113 countries in 39 languages. Cielo's global reach and local focus, combined with its expertise, allows companies to get ahead in the race for talent.
About Cielo
Cielo is the world's leading Talent Acquisition Partner. We deliver a better talent experience for everyone through Recruitment Process Outsourcing, Executive Search, Contingent Workforce Solutions, and Consulting services. With our fresh approach – we design and build comprehensive, proven solutions inspired by technology to find and keep the unique talent that elevates our clients above the competition. Learn more at cielotalent.com.
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SOURCE Cielo
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https://www.wibw.com/prnewswire/2022/08/04/cielo-continues-global-expansion-opens-new-office-india/
| 2022-08-04T04:03:59Z
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DALLAS, Aug. 2, 2022 /PRNewswire/ -- Match Group (NASDAQ: MTCH) posted its second quarter 2022 shareholder letter on the investor relations section of its website at https://ir.mtch.com. As announced previously, the Company will host a conference call tomorrow, Wednesday, August 3, 2022, at 8:30 a.m. Eastern Time (ET) to discuss the results. The live webcast and replay will be open to the public at https://ir.mtch.com.
About Match Group
Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder®, Match®, Hinge®, Meetic®, OkCupid®, Pairs™, PlentyOfFish®, OurTime®, Azar®, Hakuna Live™, and more, each built to increase our users' likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world.
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SOURCE Match Group
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https://www.kxii.com/prnewswire/2022/08/02/match-group-reports-second-quarter-2022-results/
| 2022-08-02T21:01:44Z
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ATLANTA – Lawyers for abortion-rights groups asked a state judge to temporarily block Georgia's new abortion law.
The law – which bans abortion after a fetal heartbeat can be detected – took effect in July. Initially approved by the General Assembly in 2019, it had been under legal challenge in federal courts. Last month, the 11th Circuit U.S. Court of Appeals upheld the Georgia law and put it into effect immediately.
Lawyers for abortion-rights groups including Planned Parenthood Southeast and SisterSong then took their fight to state court, contending that the abortion ban violates the Georgia Constitution’s right to privacy.
On Monday, the plaintiff lawyers asked Fulton County Superior Court Judge Robert McBurney to block the law by issuing a temporary restraining order or preliminary injunction.
They argued the law was void from the moment it passed the General Assembly three years ago because it violated then-settled U.S. Supreme Court precedent about the right to an abortion.
The state – represented by Solicitor General Stephen Petrany – countered that Georgia law does not require a judge to temporarily block a law before he or she has issued a decision on the case.
Although the 2019 law did not necessarily fit the Supreme Court’s abortion precedents at the time, the Georgia abortion law represented legislators’ – and through them, Georgians’ – will, Petrany said. Therefore, it was valid from the start.
McBurney indicated he would issue a ruling on the request for an injunction soon.
In a brief press conference after the hearing, abortion-rights advocates said Georgians have been directly harmed by the new abortion ban.
“The Georgia Constitution says there is a right to privacy and that right to privacy extends to a person’s body and a person’s health,” Susan Lambiase, a lawyer for Planned Parenthood Federation of America, said. “[People] either have to forcibly remain pregnant, or they have to figure out a way … to go to some state that provides more access [to abortion].”
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https://www.albanyherald.com/abortion-rights-lawyers-ask-judge-to-temporarily-block-state-abortion-law/article_5543e4ae-17f0-11ed-9f16-9bbd5fa89c17.html
| 2022-08-09T15:31:39Z
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NEW YORK, July 15, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Inotiv, Inc. (NASDAQ: NOTV).
To receive updates on the lawsuit, fill out the form:
The lawsuit seeks to recover losses for shareholders who purchased Inotiv between September 21, 2021 and June 13, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 22, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Inotiv, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Inotiv's acquisition, Envigo RMS, LL ("Envigo"), and Inotiv's Cumberland, Virginia facility (the "Cumberland Facility") engaged in widespread and flagrant violations of the Animal Welfare Act ("AWA"); (2) Envigo and Inotiv's Cumberland Facility continuously violated the AWA; (3) Envigo and Inotiv did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, Inotiv was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) Inotiv did not engage in proper due diligence; and (7) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law
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https://www.kxii.com/prnewswire/2022/07/15/notv-shareholder-alert-jakubowitz-law-reminds-inotiv-shareholders-lead-plaintiff-deadline-august-22-2022/
| 2022-07-15T10:41:59Z
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The mother of a Puerto Rican Olympian killed by a stray bullet in her Connecticut home was an unintended victim of a drug dispute that erupted into the firing of more than 20 gunshots, a police official said Tuesday.
Mabel Martinez, 56, was shot in the head inside her Waterbury home on Saturday afternoon when at least two people opened fire outside on the street, Waterbury Police Chief Fernando Spagnolo said at a news conference. No arrests were announced.
Martinez was the mother of Yarimar Mercado Martinez, a rifle shooter on the Puerto Rico Olympic team who competed in the summer Olympics last year and in 2016. She and other family members were in Waterbury on Tuesday, but did not speak at the news conference.
Spagnolo said people in two cars, including convicted felons known for drug dealing, got into a shootout outside Mabel Martinez’s home. The reason for the dispute was not clear. A man involved in the confrontation, who was on the street, was shot in the hip but survived. No other injuries were reported.
Officers found 15 9mm casings and seven 45-caliber cases at the scene. Police said they were trying to determine if one or two 9 mm guns were fired.
Police have found both cars involved in the shooting and one of their owners. The other owner was being sought for questioning. Both men are convicted felons known to have sold drugs, police said, but they have not been charged in the shooting.
Spagnolo said the shooting raises questions about how illegal guns get into communities and how people on parole and probation are monitored.
Yarimar Mercado Martinez, 27, traveled to Waterbury late Sunday from Brazil, where she was to compete in an international shooting competition. She expressed her anguish in social media posts.
“Why you? Why this way? You were just sitting in your little house sewing, as you always did,” she wrote in Spanish on Facebook.
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https://cw33.com/sports/ap-sports/police-olympians-mother-unintended-victim-of-drug-dispute/
| 2022-04-13T14:38:26Z
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TAMPA, Fla., July 1, 2022 /PRNewswire/ -- DoubleLine Income Solutions Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DSL, this week declared a distribution of $0.11 per share for the month of July 2022. The distributions are subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.
This press release is not for tax reporting purposes. The press release has been issued to announce the amount and timing of the distributions declared by the Board of Trustees. There is a possibility that distributions may include ordinary income, long-term capital gains or return of capital. For information on whether the distribution includes a return of capital, please contact us on or after the distribution payment date. The amount of distributable income and the tax characteristics of the distributions are determined at the end of the taxable year. In early 2023, the Fund will send shareholders a Form 1099-DIV specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder's tax return.
The Fund's primary investment objective is to seek high current income; its secondary objective is to seek capital appreciation. The Fund seeks to achieve its investment objectives by investing in a portfolio of investments selected for their potential to provide high current income, growth of capital, or both. DoubleLine Capital LP ("DoubleLine"), the Fund's investment adviser, expects that the Fund will normally invest at least 80% of its net assets (plus any borrowings for investment purposes) in debt securities and other income-producing investments anywhere in the world, including emerging markets. The Fund may invest in mortgage-backed securities of any kind and may invest without limit in securities rated below investment grade (commonly referred to as "high yield" securities or "junk bonds"). There is no guarantee that the Fund will achieve its investment objectives. Investing in the Fund involves the risk of principal loss.
DoubleLine Capital is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (213) 633-8200 or by e-mail at info@doubleline.com. Media can reach DoubleLine by e-mail at media@doubleline.com. DoubleLine® is a registered trademark of DoubleLine Capital LP.
To read about the DoubleLine Income Solutions Fund, please access the Annual Report at www.doublelinefunds.com or call 877-DLINE11 (877-354-6311) to receive a copy. Investors should consider the Fund's investment objective, risks, charges and expenses carefully before investing. An investment in the Fund should not constitute a complete investment program. Investors should note that the Fund only can be obtained through a broker.
This document is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale or offer of these securities, in any jurisdiction where such sale or offer is not permitted.
Fund investing involves risk. Principal loss is possible.
Shares of closed-end investment companies frequently trade at a discount to their net asset value, which may increase investors' risk of loss. This risk may be greater for investors expecting to sell their shares in a relatively short period after the completion of the public offering. There are risks associated with investment in the fund.
Investments in debt securities typically decline in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in asset-backed and mortgage-backed securities include additional risks that investors should be aware of including credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments.Past performance is no guarantee of future results. The fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. Investments in lower rated and non-rated securities present a great risk of loss to principal and interest than higher rated securities. Investment strategies may not achieve the desired results due to implementation lag, other timing factors, portfolio management decisions-making, economic or market conditions or other unanticipated factors. In addition, the Fund may invest in other asset classes and investments such as, among others, REITs, credit default swaps, short sales, derivatives and smaller companies which include additional risks. The DoubleLine Income Solutions Fund (the "Fund") is a diversified, closed-end management investment company.
This material may include statements that constitute "forward-looking statements" under the U.S. securities laws. Forward-looking statements include, among other things, projections, estimates, and information about possible or future results related to the Fund, market or regulatory developments. The views expressed herein are not guarantees of future performance or economic results and involve certain risks, uncertainties and assumptions that could cause actual outcomes and results to differ materially from the views expressed herein. The views expressed herein are subject to change at any time based upon economic, market, or other conditions and DoubleLine undertakes no obligation to update the views expressed herein. While we have gathered this information from sources believed to be reliable, DoubleLine cannot guarantee the accuracy of the information provided. Any discussions of specific securities should not be considered a recommendation to buy or sell those securities. The views expressed herein (including any forward-looking statement) may not be relied upon as investment advice or as an indication of the Fund's trading intent. Information included herein is not an indication of the Fund's future portfolio composition.
Distributions include all distribution payments regardless of source and may include net income, capital gains, and/or return of capital (ROC). ROC should not be confused with yield or income. A Fund's Section 19a-1 Notice, if applicable, contains additional distribution composition information and may be obtained by visiting www.doublelinefunds.com. Final determination of a distribution's tax character will be made on Form 1099 DIV and sent to shareholders. On a tax basis, as of June 30, 2022, the estimated component of the cumulative distribution for the fiscal year to date would include an estimated return of capital of $0.00 (0%) per share. This amount is an estimate and the actual amounts and sources for tax reporting purposes may change upon final determination of tax characteristics and may be subject to changes based on tax regulations.
Any tax or legal information provided is merely a summary of our understanding and interpretation of some of the current income tax regulations and is not exhaustive. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Fund nor any of its representatives may give legal or tax advice.
Foreside Funds Services, LLC provides marketing review services for DoubleLine Capital LP.
©2022 DoubleLine Capital LP.
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SOURCE DoubleLine
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https://www.mysuncoast.com/prnewswire/2022/07/01/doubleline-income-solutions-fund-declares-july-2022-distribution/
| 2022-07-01T13:17:23Z
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ZAGREB, Croatia (AP) — Croatian police opened fire with live ammunition during clashes on a highway with hundreds of soccer fans returning from a match in the capital, authorities said. Two fans and about a dozen police officers were injured.
The violence late Saturday happened when a convoy of buses was transporting Hajduk Split fans under police escort after the team lost a match to league rival Dinamo Zagreb. The buses stopped and a group of fans turned against officers, police said in a statement.
The Hajduk fans blocked the highway and ignored police orders to disperse, the statement added. Police then used live ammunition and other means to repel the fans, it said.
Two fans were thought to have been struck by bullets, but none of the injured, including the police officers, were in life-threatening condition, police said. No further details were provided in the statement.
Local media reported that the highway leading from the capital Zagreb to the Adriatic Sea coast town of Split remained closed for much of the night and early morning Sunday. Pictures posted on social media showed what appeared to be flares, and later fans forced to lie on the ground.
The Index news portal said that nearly 2,000 Hajduk fans who traveled to Croatia’s capital for the match with Dinamo didn’t attend because police wouldn’t allow them to bring in their banners. Dinamo, which had already clinched the league title, beat second-place Hajduk 3-1 on Saturday.
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https://cw33.com/sports/ap-sports/croatia-police-open-fire-during-soccer-fan-clash-2-injured/
| 2022-05-22T13:28:22Z
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Authorities made a key discovery in their search for the missing Alabama officer and inmate. It led to more questions
By Christina Maxouris, CNN
In their search for a missing former corrections official and an inmate facing murder charges, authorities announced a key discovery Friday: they located the car they previously believed the pair was traveling in.
The car had been in a Tennessee tow lot for about a week, after local officials found it abandoned in the woods and without any identifying information last Friday — the same day the pair went missing — and had it towed.
It means the two drove roughly two hours north to Williamson County, Tennessee, after disappearing from a county jail in Florence, Alabama, Lauderdale County Sheriff Rick Singleton said during a Friday news conference.
But authorities know little about what came after that.
“We know now where the car is, we know what direction they went,” the sheriff said. “We’re trying to canvass the area for any witnesses, also trying to research, see if any stolen vehicles were reported in that area during that time.”
Authorities believe the vehicle may have had mechanical problems which prompted the abrupt stop in the area. But the sheriff said investigators don’t yet know if the pair stole another vehicle, or got a ride with someone else and where they may have headed.
“We’re sort of back to square one,” he said. “After Friday afternoon, when they abandoned that car, which direction they went from there, we don’t know.”
Vicky White, 56, and Casey White, 38, have now been missing for more than a week. The two, who officials say may have had a romantic relationship, are not related.
What we know about the officer, the inmate and the search
Corrections officer using aliases
Vicky White, who was an assistant director of corrections for Lauderdale County, took Casey White from the county jail Friday morning, saying she was taking him for a mental health evaluation. She said she was going to get medical care after dropping the inmate off because she wasn’t feeling well.
The two have not been seen since. The patrol car the officer and inmate took from the jail was found abandoned in a shopping center parking lot. Authorities believe the pair left the lot in a different vehicle: the 2007 Ford SUV Vicky White bought and parked there the night before, Singleton previously said.
The pair knew each other since at least 2020 and had developed a romantic relationship, the sheriff told CNN earlier this week.
Prior to their disappearance, Vicky White had announced plans to retire and sold her home for a price well below market value.
She now has an active arrest warrant for allegedly permitting or facilitating escape in the first degree. She is no longer employed by the sheriff’s office, the office said, adding while Friday was her last day of work, her papers were never finalized. Her jail keys, radio and handcuffs were found inside the abandoned SUV.
What we know about Vicky White
Investigators believe Vicky White had a large amount of money when the pair vanished, Singleton said Friday, adding authorities are working to find out more details.
“Her knowledge of corrections and her knowledge of the procedures that we use here at the sheriff’s office most definitely played to her advantage. I think this was a very well-thought-out plan,” Singleton said during Friday’s news conference.
“Her knowledge sort of put us … at a loss,” the sheriff added. “It’s a very calculated plan.”
Vicky White also has used aliases, the sheriff added, including for purchasing the vehicle. “I’m assuming she’s probably ditched those aliases and probably got some new identities now.”
Officials share photos and up rewards
The pair should be considered dangerous and may be armed with weapons including an AR-15 rifle, handguns and a shotgun, the US Marshals Service said.
The agency said Casey White threatened his ex-girlfriend and her sister in 2015 if he ever got out, “he would kill them and he wanted police to kill him.” Authorities have warned the inmate’s “potential targets” and taken measures to protect them, the Marshals Service said.
The service also released several photos of Casey White and his tattoos as well as photo renderings of what Vicky White, who was blonde when she vanished, would look like with darker and shorter hair.
The agency is offering up to $10,000 for information leading to the capture of the inmate and up to $5,000 for the officer.
On Friday, Alabama Gov. Kay Ivey announced additional rewards of $5,000 each for information leading to the capture and arrest of Vicky White and Casey White.
When asked Friday what he would say to Vicky White if she could hear him, the sheriff said, “You know we’re going to find you. Hopefully we find you safe.”
“If you’re safe right now, still safe, get out while you can and turn yourself in to local authorities, wherever you’re at,” Singleton said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Ryan Young, Chuck Johnston and Jaide Timm-Garcia contributed to this report.
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https://localnews8.com/news/national-world/cnn-national/2022/05/06/authorities-made-a-key-discovery-in-their-search-for-the-missing-alabama-officer-and-inmate-it-led-to-more-questions-2/
| 2022-05-07T06:30:11Z
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WASHINGTON (AP) — One of President Joe Biden’s closest aides is leaving the White House to take on a role as senior adviser to the Democratic National Committee, as the White House looks to bolster its political effort to help Democrats ahead of what is expected to be a challenging midterm election.
Cedric Richmond, a former Democratic member of Congress from Louisiana, served as co-chair of Biden’s 2020 presidential campaign before joining the White House as senior adviser and director of the Office of Public Engagement.
A Biden adviser said Richmond will take on a role similar to the one he served on Biden’s campaign, including fundraising, outreach and serving as a surrogate for the president and Democrats down the ticket.
“There are few people more capable of helping us continue to build on our successes and deliver our message as we head into the midterm elections,” said DNC chair Jaime Harrison in a statement. “We look forward to having Cedric join our already strong team as we continue to work in close partnership with the White House and our sister committees to protect and expand our Democratic majorities. The Democratic Party is all-in and leaving nothing to chance.”
Richmond, in a statement, said he was “thrilled that the President has entrusted me with helping boost the robust work already being done at the DNC to make sure that Democrats grow their majorities in the House and Senate, and increase the number of Democratic governors in state capitals around the country.”
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https://cw33.com/news/politics/ap-politics/top-biden-aide-richmond-leaving-for-dnc-ahead-of-midterms/
| 2022-04-26T23:06:51Z
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