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James Hardie, the world leader in fiber cement exterior building solutions, earns nationally recognized annual award from David Weekley Homes, a leading homebuilder in the United States
The National Preferred Partner award recognizes James Hardie's superior customer service, as well as the exceptional quality of Hardie® products, which offer builders and homeowners the trusted protection and lasting beauty of fiber cement technology
CHICAGO, June 28, 2022 /PRNewswire/ -- James Hardie, the world's leading producer and marketer of high-performance fiber cement and fiber gypsum solutions, announces that the company has been recognized as a 2022 National Preferred Partner of David Weekley Homes, one of the nation's largest privately held home builders.
The National Preferred Partner award recognizes field and manufacturing partners that have consistently operated at world-class levels, as determined by David Weekley Homes supplier evaluation platform. The comprehensive process, anchored by the National Preferred Partner Survey, evaluates companies in the areas of quality and customer service.
An industry leader, this award supports James Hardie's mission to transform the way the world builds. James Hardie pioneers new innovations that define the future of home exterior trends, while empowering homeowners and builders alike to achieve the home of their dreams through personalized design options. Hardie® siding is world-renowned for its added benefit of trusted protection: fiber cement technology is well-known for being noncombustible and helping to provide protection against the elements, even severe weather.
Sean Gadd, President of James Hardie North America said: "At James Hardie, we are honored to be recognized by David Weekley Homes as a National Preferred Partner for the fourteenth time in the past 16 years. This award is a testament to our dedication to the highest level of customer service that industry leaders such as David Weekley Homes have come to rely on. James Hardie continues to transform the building industry with innovative products known for superior design and best in class durability, allowing builders to create the most desirable homes possible. We look forward to continuing to grow and expand our collaboration."
John Schiegg, VP of Supply Chain Services for David Weekley Homes said: "This past year has presented an unexpected number of challenges for the homebuilding industry. At David Weekley Homes, we have been fortunate to have exceptional National Preferred Partners who provided their products and expertise during an unprecedented time. They have helped us navigate these obstacles to continue delivering a high-quality product."
Of the 138 homebuilding industry companies evaluated this year by David Weekley Homes, only 17% received the coveted designation of National Preferred Partner. To assess all partners and pinpoint top performers, David Weekley Homes team members participated in the homebuilder's unique supplier evaluation platform. At the heart of this process is the National Preferred Partner Survey, an evaluation involving a comprehensive system of feedback and discussion to measure excellence.
With an extensive variety of color choices and siding styles to choose from – from traditional lap siding and shingle to farmhouse board-and-batten and modern Hardie™ Architectural Collection looks – homebuilders can achieve a personalized exterior design for every homeowner with Hardie® products. And James Hardie's proprietary ColorPlus® Technology finishes, backed with a 15-year limited warranty, ensure that those homes will have lasting beauty for years to come.
To learn more about James Hardie, visit jameshardie.com.
James Hardie is a global leader in premium building solutions that offer lasting beauty and endless design possibilities with trusted protection and low maintenance. The world's #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, James Hardie offers siding and accessories for every style. Hardie™ products empower homeowners and building professionals to achieve the home of their dreams. The company pioneered the technology of fiber cement building products made from sustainable raw materials and continues to invest in innovation to transform the way the world builds. James Hardie operates with an inclusive company culture, and an unwavering commitment to Zero Harm. James Hardie employs a diverse global workforce of approximately 5,200 employees across operations in North America, Europe, and Asia Pacific.
For more information and media resources, visit JamesHardie.com and JamesHardie.com/about-us/media-resources./about-us/media-resources. For investor information, please visit ir.jameshardie.com.au.
Connect with James Hardie on social media:
Linkedin.com/JamesHardie
Instagram.com/JamesHardie
Facebook.com/JamesHardie
Twitter.com/JamesHardie
David Weekley Homes, founded in 1976, is headquartered in Houston and operates in 19 cities across the United States. David Weekley Homes was the first builder in the United States to be awarded the Triple Crown of American Home Building, an honor which includes "America's Best Builder," "National Housing Quality Award" and "National Builder of the Year." Weekley has also appeared 15 times on FORTUNE magazine's "100 Best Companies to Work For®" list. Since inception, David Weekley Homes has closed more than 100,000 homes. For more information about David Weekley Homes, visit the company's website at www.davidweekleyhomes.com.
This Media Release contains forward-looking statements and information that are necessarily subject to risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of James Hardie to be materially different from those expressed or implied in this release, including, among others, the risks and uncertainties set forth in Section 3 "Risk Factors" in James Hardie's Annual Report on Form 20-F for the year ended 31 March 2020; changes in general economic, political, governmental and business conditions globally and in the countries in which James Hardie does business; changes in interest rates; changes in inflation rates; changes in exchange rates; the level of construction generally; changes in cement demand and prices; changes in raw material and energy prices; changes in business strategy and various other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein. James Hardie assumes no obligation to update or correct the information contained in this Media Release except as required by law.
This media release has been authorized by Mr. Jason Miele, Chief Financial Offer.
Investor/Media/Analyst Enquiries:
James Brennan-Chong
James Hardie Industries plc is a limited liability company incorporated in Ireland with its registered office at Europa House, 2nd Floor, Harcourt Centre, Harcourt Street, Dublin 2, D02 WR20, Ireland
James Hardie PR Contact:
JamesHardieUSPR@Ogilvy.com
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SOURCE James Hardie Industries | https://www.kxii.com/prnewswire/2022/06/28/james-hardie-recognized-david-weekley-homes-2022-national-preferred-partner/ | 2022-06-28T16:31:52Z |
Shareholders are Not Required to Take any Action at this Time
RICHARDSON, Texas, June 28, 2022 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT) ("Ceragon" or the "Company"), the global innovator and leading solutions provider of 5G wireless transport, confirms receipt of two letters from its competitor, Aviat Networks, Inc. ("Aviat"). The letters include a request to convene an extraordinary general meeting of shareholders calling for a change in the composition of Ceragon's Board of Directors, whereby Aviat's hand-picked nominees would constitute a majority of the Board. The letters also include an indication of interest from Aviat with respect to a potential acquisition of Ceragon.
Ceragon's Board of Directors in consultation with its advisors will review the letters and shall duly act in the interests of the Company and its shareholders and in accordance with applicable law.
Ceragon's shareholders need not take action at this time.
About Ceragon Networks
Ceragon Networks Ltd. (NASDAQ: CRNT) is the global innovator and leading solutions provider of 5G wireless transport. We help operators and other service providers worldwide increase operational efficiency and enhance end customers' quality of experience with innovative wireless backhaul and fronthaul solutions. Our customers include service providers, public safety organizations, government agencies and utility companies, which use our solutions to deliver 5G & 4G broadband wireless connectivity, mission-critical multimedia services, stabilized communications, and other applications at high reliability and speed.
Ceragon's unique multicore technology and disaggregated approach to wireless transport provides highly reliable, fast to deploy, high-capacity wireless transport for 5G and 4G networks with minimal use of spectrum, power, real estate, and labor resources. It enables increased productivity, as well as simple and quick network modernization, positioning Ceragon as a leading solutions provider for the 5G era. We deliver a complete portfolio of turnkey end-to-end AI-based managed and professional services that ensure efficient network rollout and optimization to achieve the highest value for our customers. Our solutions are deployed by more than 400 service providers, as well as more than 800 private network owners, in more than 150 countries. For more information please visit: www.ceragon.com
Safe Harbor
Ceragon Networks® and FibeAir® are registered trademarks of Ceragon Networks Ltd. in the United States and other countries. CERAGON ® is a trademark of Ceragon Networks Ltd., registered in various countries. Other names mentioned are owned by their respective holders.
This press release contains statements that constitute "forward-looking statements" within the meaning of the Securities Act of 1933, as amended and the Securities Exchange Act of 1934, as amended, and the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on the current beliefs, expectations and assumptions of Ceragon's management about Ceragon's business, financial condition, results of operations, micro and macro market trends and other issues addressed or reflected therein. Examples of forward-looking statements include, but are not limited to, statements regarding: projections of demand, revenues, net income, gross margin, capital expenditures and liquidity, competitive pressures, order timing, supply chain and shipping, components availability, growth prospects, product development, financial resources, cost savings and other financial and market matters. You may identify these and other forward-looking statements by the use of words such as "may", "plans", "anticipates", "believes", "estimates", "targets", "expects", "intends", "potential" or the negative of such terms, or other comparable terminology, although not all forward-looking statements contain these identifying words.
Although we believe that the projections reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that our expectations will be obtained or that any deviations therefrom will not be material. Such forward-looking statements involve known and unknown risks and uncertainties that may cause Ceragon's future results or performance to differ materially from those anticipated, expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, any ongoing actions taken and future actions that may be taken by Aviat Networks or other stockholders or others; the continuing impact of the components shortage due to the global shortage in semiconductors, chipsets, components and other commodities, on our supply chain, manufacturing capacity and ability to timely deliver our products, which have caused, and could continue to cause delays in deliveries of our products and in the deployment of projects by our customers, risk of penalties and orders cancellation created thereby, as well as profit erosion due to constant price increase, payment of expedite fees and costs of inventory pre-ordering and procurement acceleration of such inventory, and the risk of becoming a deadstock if not consumed; the continued effect of the global increase in shipping costs and decrease in shipping slots availability on us, our supply chain and customers, which have resulted, and may continue to result in, price erosion, late deliveries and the risk of penalties and orders cancellation due to late deliveries; the impact of the transition to 5G technologies on our revenues if such transition is developed differently than we anticipated; the risks relating to the concentration of a major portion of our business on large mobile operators around the world from which we derive a significant portion of our ordering, that due to their relative effect on the overall ordering coupled with inconsistent ordering pattern and volume of business directed to us, creates high volatility with respect to our financial results and results of operations; the effect of the competition from other wireless transport equipment providers and from other communication solutions that compete with our high-capacity point-to-point wireless products; the continued effect of the COVID-19 pandemic on the global economy and markets and on us and on the markets in which we operate and our and our customers, providers, business partners and contractors business and operations; the risks relating to increased breaches of network or information technology security along with increase in cyber-attack activities, growing cyber-crime threats, and changes in privacy and data protection laws, that could have an adverse effect on our business; risks associated with any failure to meet our product development timetable, including delay in the commercialization of our new chipset; imposition of additional sanctions and global trade limitations in connection with Russia's invasion to Ukraine, the effects of general economic conditions and trends on the global and local markets in which we operate and such other risks, uncertainties and other factors that could affect our results, as further detailed in Ceragon's most recent Annual Report on Form 20-F and in Ceragon's other filings with the Securities and Exchange Commission.
Such forward-looking statements, including the risks, uncertainties and other factors that could affect our results, represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. Such forward-looking statements do not purport to be predictions of future events or results and there can be no assurance that it will prove to be accurate. Ceragon may elect to update these forward-looking statements at some point in the future but the company specifically disclaims any obligation to do so except as may be required by law.
Ceragon's public filings are available on the Securities and Exchange Commission's website at www.sec.gov and may also be obtained from Ceragon's website at www.ceragon.com.
Ceragon Investor & Media Contact:
Maya Lustig
Ceragon Networks
Tel. +972-54-677-8100
mayal@ceragon.com
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SOURCE Ceragon Networks Ltd. | https://www.kxii.com/prnewswire/2022/06/28/ceragon-confirms-receipt-letters-aviat-networks/ | 2022-06-28T21:04:40Z |
Zverev, Tsitsipas advance to quarterfinals in Monte Carlo
MONACO (AP) — Third-ranked Alexander Zverev has beaten Pablo Carreno Busta 6-2, 7-5 to reach the quarterfinals at the Monte Carlo Masters. Carreno Busta broke Zverev to open the second set and built a 3-1 lead before the German rallied, setting up a quarterfinal match against Jannik Sinner. Defending champion Stefanos Tsitsipas advanced by beating Laslo Djere 7-5, 7-6 (1). The fifth-ranked Greek will meet Diego Schwartzman in the quarterfinals. Indian Wells winner Taylor Fritz reached the quarterfinals by defeating doubles partner Sebastian Korda 7-6 (4), 7-5. | https://localnews8.com/sports/ap-national-sports/2022/04/14/zverev-tsitsipas-advance-to-quarterfinals-in-monte-carlo/ | 2022-04-14T19:16:34Z |
Asurion® Repair Experts Provide Fast Fixes on Phones, Tablets, Laptops, and More
MENOMONEE FALLS, Wis., Aug. 8, 2022 /PRNewswire/ -- A new electronics repair shop, Asurion Tech Repair & Solutions™, has opened in Menomonee Falls at N95W 18419 County Line Road. The store offers professional fixes for most consumer electronics, from smartphones, tablets, and computers to game consoles, smart speakers, drones, and more.
While common repairs include cracked screens, battery issues, and water damage, the company's repair experts have fixed millions of devices and can help with most any tech mishap, and many basic repairs can be completed in 45 minutes or less.
"A computer that won't start or a tablet that won't charge is more than just an inconvenience," said Dustin Boertman, Asurion Tech Repair & Solutions District Manager. "At Asurion Tech Repair & Solutions, we understand your devices are tools to engage with others, which is why we take the work we do seriously. We're here to serve our community for all electronics repair needs and get their devices back up and running in a timely manner."
The store's expert repair technicians fix all kinds of technology, regardless of make or model, and the store is an authorized repair provider for Samsung Galaxy and Google Pixel smartphones. Customers can book a repair appointment online or stop by the store for walk-in service. The store offers free, no-obligation diagnostics on all gadgets, as well as a 1-year limited warranty on all repairs. It even offers a price match guarantee on any local competitor's regularly published price for the same repair.
The new Asurion Tech Repair & Solutions store brings the company's retail footprint to more than 750 locations across the U.S. Formerly known as uBreakiFix®, all U.S. locations will rebrand as Asurion Tech Repair & Solutions throughout 2022.
"We are excited to serve people in Menomonee Falls with fast and affordable tech repair," said Dave Barbuto, CEO of Asurion Tech Repair & Solutions. "We all rely on our phones and laptops more than ever before, and our mission is bigger than repairing shattered screens and broken charge ports. We fix tech because people depend on it to stay connected to things that are important to them. I look forward to serving this community through our new location."
The new store is located at:
Asurion Tech Repair & Solutions
N95W 18419, County Line Rd, Menomonee Falls, WI 53051
(262) 509-4277
Asurion Tech Repair & Solutions™, formerly known as uBreakiFix®, is the retail brand operated and franchised by a subsidiary of tech care company Asurion®. As the world's leading tech care company, Asurion eliminates the fears and frustrations associated with technology to ensure its 300 million customers get the most out of their devices, appliances, and connections. Asurion Tech Repair & Solutions stores specialize in the repair of consumer technology, including smartphones, game consoles, tablets, computers, and nearly everything in between. Asurion Tech Repair and Solutions repair experts fix cracked screens, software issues, camera issues, and most other tech mishaps at more than 750 stores across the U.S. The stores provide fast, affordable fixes for nearly any device type, regardless of make or model, including authorized repairs for Google Pixel and Samsung Galaxy smartphones.
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SOURCE Asurion Tech Repair & Solutions | https://www.wibw.com/prnewswire/2022/08/08/asurion-tech-repair-amp-solutions-opens-menomonee-falls/ | 2022-08-08T18:23:24Z |
GALLIPOLIS, Ohio, April 20, 2022 /PRNewswire/ -- On April 19, 2022, Ohio Valley Banc Corp. (Nasdaq: OVBC) Board of Directors declared a cash dividend of $0.21 per common share payable on May 10, 2022, to shareholders of record as of the close of business on April 29, 2022. OVBC once again continues the tradition of maintaining a consistent, regular quarterly dividend.
"It's no secret that the past two years have been challenging for many people. As we celebrate the return of normalcy, the goal of your company – to remain an independent, community bank – remains. This spring, we were pleased to officially open our Community First Conference Center to the public. This venue, located at our OVB on the Square office in downtown Gallipolis, aligns with our Community First mission as it was created with intent to serve local groups, organizations and events. As we work to grow as a company, we will continue to prioritize our communities," Tom Wiseman, OVB Chairman and Chief Executive Officer, said.
OVB is also gearing up to award its newest class of $3,000 OVB 4-H Scholarships and is in the early stages of planning events to celebrate the bank's 150th anniversary this fall.
Ohio Valley Banc Corp. is based in Gallipolis, Ohio. The primary subsidiaries of the company are: Ohio Valley Bank and Loan Central. Ohio Valley Bank is an FDIC-insured, state member bank of the Federal Reserve operating 16 offices in Ohio and West Virginia. Loan Central, specializing in tax preparation and loans, is a finance company with six offices in southern Ohio. Ohio Valley Banc Corp. stock is traded on The NASDAQ Global Market under the symbol OVBC. For more information, visit www.ovbc.com or www.myloancentral.com.
Contact: Scott Shockey or Bryna Butler, 740-446-2631, 1-800-468-6682
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SOURCE Ohio Valley Banc Corp. | https://www.wibw.com/prnewswire/2022/04/20/ovbc-announces-cash-dividend/ | 2022-04-20T18:20:49Z |
3Phase deepens its presence in Los Angeles and Orange County, CA, adding Next Level Elevator to Specialized Elevator's and 3Phase Elevator's west coast family of IUEC independents
ORANGE, Calif., July 28, 2022 /PRNewswire/ -- 3Phase Elevator, a leading independent elevator and escalator services provider, has merged with Next Level Elevator, a provider of top-tier maintenance, repair, modernization and testing services for all types and brands of commercial elevators and vertical conveyance systems in the Los Angeles market. The merger deepens 3Phase's presence in California where it already has a strong foothold with Specialized Elevator from San Francisco to San Diego.
Next Level Elevator, a locally owned independent elevator company, takes pride in providing quality service and making each customer a priority. The company has achieved growth by building long-term relationships with customers and targeting specific modernization projects where it has expertise. The existing Next Level Elevator team, led by Jevon Hadley and Lance Green, will remain in place and the company will continue to serve customers under the Next Level Elevator brand.
"We have a long-standing relationship with Specialized in the Los Angeles market, and it was apparent to us that our partnership would be a powerful combination. Both companies have built their businesses based on making the right decisions for customers." said Jevon Hadley, co-owner and operator of Next Level Elevator. Hadley added "This partnership gives us access to the resources to expand geographically and take risks in the Los Angeles market that are difficult to justify as a small independent. We already have plans to expand beyond our current footprint and we are excited about the future with Specialized and 3Phase." Donovan McKeever, the President leading the West for 3Phase commented, "In addition to serving and working with Next Level's customers, we are especially excited to add Jevon and Lance to the team in Los Angeles. They've built an impressive company and we are looking forward to continuing their tradition as a strong independent elevator company in the Los Angeles market."
"Deepening our presence in the Los Angeles area has been a strategic priority for 3Phase, and Next Level boasts a stellar reputation in this market that will complement the Specialized team. When we first met Jevon and Lance, we knew they were like-minded partners," said Mike Strachan, CEO of 3Phase Elevator. "This partnership further establishes our presence as a leading provider in the West."
Founded in 1997, and headquartered in Canton, Mass., 3Phase Elevator is a leading independent provider of elevator and escalator maintenance, repair, modernization and new installation services in 20 states across the United States and the District of Columbia. The company has grown in part through 18 acquisitions of other independent elevator and escalator providers. 3Phase maintains more than 23,500 units for building owners and property managers. The company is built on a foundation of exceptional customer service. For additional information, visit www.3phaseelevator.com.
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SOURCE 3Phase Elevator | https://www.mysuncoast.com/prnewswire/2022/07/28/3phase-elevator-next-level-elevator-announce-merger/ | 2022-07-28T12:36:47Z |
Family loses home in fire amid tornado rebuild: ‘Don’t know if we can do it again’
(WPSD) - A Kentucky family is looking at another tough decision after losing their home in a tornado and now in a fire over the last few months.
The Lindsey family has been working on rebuilding their home for the last seven months after a tornado destroyed it on Dec. 10, 2021.
Janssen Lindsey said they had put countless hours into getting their new home ready but losing it for the second time is difficult for them to process.
“My insides feel like they’ve been ripped apart. This was our home. I don’t know if we can do it again,” she said.
The investigation into the cause of the fire remains ongoing, but the home suffered significant damage.
“I had a house plan that I’ve wanted since the tornado, but other than that, I don’t know. It may just be easier to buy something,” Janssen Lindsey said.
Through everything, Janssen Lindsey says she is hopeful for the future.
The family is leaning on one another and their faith to help keep them afloat.
“It’s hard to hold your head up, but you gotta put one foot in front of the other and move forward,” Janssen Lindsey said.
Copyright 2022 WPSD CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/02/family-loses-home-fire-amid-tornado-rebuild-dont-know-if-we-can-do-it-again/ | 2022-07-02T19:52:18Z |
NEW YORK and LONDON, Aug. 8, 2022 /PRNewswire/ -- Tiger Infrastructure Partners ("Tiger"), a pioneer in providing transformational growth capital to enable the creation of new infrastructure, today announced the appointment of three new Operating Partners. These seasoned executives bring decades of deep domain expertise and experience in energy policy, energy transition, and business-building. They will complement Tiger's existing pool of talented executives.
- Steve Holliday Steve Holliday is the former Chief Executive of National Grid plc and current Chairman of Tiger portfolio company Zenobe Energy, which develops, owns and operates battery storage projects in the United Kingdom.
- Christine Weydig is the former Director of Sustainability at the Port Authority of NY & NJ and incoming Executive Director of the Coalition for Reimagined Mobility which seeks to advance equitable and sustainable transportation globally.
- Graham Sharp, formerly a founder of global energy trader Trafigura, is a Senior Advisor to Oliver Wyman focused on energy transition.
Tiger CEO Emil W. Henry, Jr., stated: "Our human capital is crucial to our hands-on value creation strategy. Steve, Christine and Graham bring a depth of expertise and experience directly relevant to Tiger's target markets. We look to our Operating Partners to provide us an edge in evaluating and managing investments and I have no doubt that Steve, Christine and Graham will serve well this critical purpose."
New Operating Partners Bring Wide-Ranging Global Experience in Energy and Sustainability
Holliday joined National Grid Group as the Board Director responsible for the UK and Europe in 2001, becoming Chief Executive of the company in 2007, which he led for almost 10 years. Prior to joining National Grid, he served on the Board of British Borneo Oil and Gas and was responsible for the successful development of its international businesses in Brazil, Australia and West Africa. Steve spent much of his early career with Exxon, where he held senior roles in refining, shipping and international gas.
Holliday is also Chairman of CityFibre, a UK fibre platform, and has just retired as the President of the Energy Institute. He continues to hold a number of other philanthropic board roles, having served on several company boards including serving on the board of Marks & Spencer for 10 years. Steve holds a BSc degree from Nottingham University and honorary doctorates from Nottingham and Strathclyde universities.
During her tenure at the Port Authority, Weydig led efforts to achieve that organization's industry-leading net-zero climate commitments across the agency's airports, seaports, bridges and tunnels, rail systems, and buildings and transportation hubs. Her career in public service also included tenures at the US Departments of State and Energy, where she specialized in international energy development in the Middle East and Africa. A recognized subject matter expert in sustainable solutions and technologies, Christine also spent several years in management consulting, primarily in emerging markets and change management, working with public and private sector clients. Christine holds a master's degree in International Energy Management and Policy from Columbia University and a BA from Cornell University.
In addition to his work with Oliver Wyman, Sharp currently serves on the board of Global Energy Storage, a platform focused on storage and logistics of energy transition fuels. He is an active investor in the renewable energy sector and previously served on the board of battery storage company EOS Energy Enterprises, as well as Tiger portfolio company Zenobe Energy. Earlier in his career, Sharp was a co-founder of Trafigura and Chairman of Puma Energy. He holds a first class degree in Engineering, Economics and Management from St. John's College, University of Oxford.
Energy Transition Represents a Key Sector for Tiger's Investment Strategy
Tiger's new Operating Partners' expertise are expected to be put to work helping to grow Tiger's portfolio companies, including three recent energy transition investments from the firm's Fund III – which closed oversubscribed at its $1.25 billion hard cap in April 2022. These include:
- Summit Carbon Solutions, a carbon capture and storage/sequestration (CCS) platform that has partnered with 32 ethanol plants to develop and operate the largest CCS project in the world;
- Qwello, an electric vehicle charging infrastructure platform that provides turnkey offerings to local municipalities in Europe; and
- Forsa Energy, a developer of flexible power generation assets in the United Kingdom supporting the UK's goal of a renewable future.
ABOUT TIGER INFRASTRUCTURE PARTNERS
Tiger Infrastructure Partners is a leading middle market investor focused on providing transformational growth capital to enable the infrastructure of tomorrow. Tiger targets superior risk-adjusted returns for its investors by employing the firm's value-add approach to growth investments across the Digital, Energy Transition and Transportation sectors in North America and Europe, where significant tailwinds are driving demand for new infrastructure. For more information, visit www.tigerinfrastructure.com.
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SOURCE Tiger Infrastructure Partners | https://www.mysuncoast.com/prnewswire/2022/08/08/tiger-infrastructure-partners-appoints-three-new-operating-partners/ | 2022-08-08T13:22:22Z |
Join HFC on October 1, 2022, in Downtown Los Angeles for the biggest birthday extravaganza this year with an exclusive performance from John Mayer.
LOS ANGELES, Aug. 31, 2022 /PRNewswire/ -- Seth Rogen and Lauren Miller Rogen's Hilarity for Charity (HFC), a national non-profit organization on a mission to care for families impacted by Alzheimer's disease, activate the next generation of Alzheimer's advocates, and be a leader in brain health research and education is turning 10 this year (#HBDHFC)! Join HFC at Rolling Greens on Mateo in Downtown Los Angeles for an event powered by a worthy cause featuring food, drinks, laughs, and star-studded performances.
Co-hosted by Seth Rogen and Lauren Miller Rogen, the entertainment list is packed with exclusive performances by John Mayer, Justin Willman, Chloe Arnold's Syncopated Ladies, and DJ Samantha Ronson.
"We're so thrilled to host our 10th Birthday Extravaganza in person this year! Raising Alzheimer's awareness and supporting family caregivers is just as important now as it was when we founded HFC 10 years ago; in fact, the need is growing. We hope you will join us for this momentous occasion. With your support, we can change the trajectory of Alzheimer's and spread the word about the importance of brain health with some laughs and love. The night will feature amazing food, beverages, comedy, and fabulous performances," said Lauren Miller Rogen and Seth Rogen.
Tickets range from $500 for General Admission to $20,000 for a VIP experience for four guests. Interactive brain health experiences will be provided by UCI Mind, Pacific Neuroscience Institute, and ZenJoi. A live and silent auction will feature premiere items and experiences. All event proceeds directly benefit HFC and Alzheimer's support. The organization expects a tremendous turnout of 600 guests as they fundraise the night away.
Event sponsors include La Croix, Home Instead, Steel Partners Foundation, UTA, Biogen, and Lionsgate, among others who have made generous contributions to the cause.
Please see additional ticket information here.
About HFC: Founded in 2012 by Seth Rogen and Lauren Miller Rogen, HFC is a national non-profit organization on a mission to care for families facing Alzheimer's disease, educate young people about living a brain-healthy life, and activate the next generation of Alzheimer's advocates.
www.wearehfc.org
@wearehfc
#HFC
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SOURCE HFC | https://www.kxii.com/prnewswire/2022/08/31/seth-rogen-lauren-miller-rogens-non-profit-hilarity-charity-celebrates-10th-birthday-with-star-studded-birthday-extravaganza/ | 2022-08-31T15:18:51Z |
UVALDE, Texas (AP) — Elsa Avila slid to her phone, terrified as she held the bleeding side of her abdomen and tried to stay calm for her students. In a text to her family that she meant to send to fellow Uvalde teachers, she wrote: “I’m shot.”
For the first time in 30 years, Avila will not be going back to school as classes resume Tuesday in the small, southwest Texas city. The start of school will look different for her, as for other survivors of the May 24 shooting at Robb Elementary School in which 21 people died, with an emphasis on healing, both physically and mentally. Some have opted for virtual education, others for private school. Many will return to Uvalde school district campuses, though Robb Elementary itself will never reopen.
“I’m trying to make sense of everything,” Avila said in an August interview, “but it is never going to make sense.”
A scar down her torso brings her to tears as a permanent reminder of the horror she endured with her 16 students as they waited in their classroom for an hour for help while a gunman slaughtered 19 children and two teachers in two adjoining classrooms nearby.
Minutes before she felt the sharp pain of the bullet piercing her intestine and colon, Avila was motioning students away from the walls and windows and closer to her. A student lined up by the door for recess had just told her something was going on outside: People were running — and screaming. As she slammed the classroom door so the lock would catch, her students took their well-practiced lockdown positions.
Moments later, a gunman stormed into their fourth-grade wing and began spraying bullets before ultimately making his way into rooms 111 and 112.
In room 109, Avila repeatedly texted for help, according to messages reviewed by The Associated Press. First at 11:35 a.m. in the text to her family that she says was meant for the teacher group chat. Then at 11:38 in a message to the school’s vice principal. At 11:45, she responded to a text from the school’s counselor asking if her classroom was on lockdown with: “I’m shot, send help.” And when the principal assured her that help was on the way, she replied simply: “Help.”
“Yes they are coming,” the principal wrote back at 11:48 a.m.
It’s unclear whether her messages were relayed to police. District officials did not respond to requests for comment on actions taken to communicate with law enforcement on May 24, and an attorney for then-Principal Mandy Gutierrez was not available for comment.
According to a legislative committee’s report that described a botched police response, nearly 400 local, state and federal officers stood in the hallway of the fourth-grade wing or outside the building for 77 minutes before some finally entered the adjoining classrooms and killed the gunman. Lawmakers also found a relaxed approach to lockdowns — which happened often — and security concerns, including issues with door locks. State and federal investigations into the shooting are ongoing.
The district is working to complete new security measures, and the school board in August fired the district’s police chief, Pete Arredondo. Residents say it remains unclear how — or even if — trust between the community and officials can be rebuilt, even as some call for more accountability, better police training and stricter gun safety laws.
Avila recalls hearing the ominous bursts of rapid fire, then silence, then the voices of officers in the hallway yelling, “Crossfire!” and later more officers standing nearby.
“But still nobody came to help us,” she said.
As Avila lay motionless, unable to speak loud enough to be heard, some of her students nudged and shook her. She wished for the strength to tell them she was still alive.
A light flashed into their window, but nobody identified themselves. Scared it might be the gunman, the students moved away.
“The little girls closest to me kept patting me and telling me, ‘It’s going to be OK miss. We love you miss,’” Avila said.
Finally, at 12:33 p.m. a window in her classroom broke. Officers arrived to evacuate her students — the last to be let out in the area, according to Avila.
With her remaining strength, Avila pulled herself up and helped usher students onto chairs and tables and through the window. Then, clutching her side, she told an officer she was too weak to jump herself. He came through the window to pull her out.
“I never saw my kids again. I know they climbed out the window and I could just hear them telling them, `Run, run, run!’” Avila said.
She remembers being taken to the airport, where a helicopter flew her to a San Antonio hospital. She was in and out of care until June 18.
Avila later learned that a student in her class was wounded by shrapnel to the nose and mouth but had since been released from medical care. She said other students helped their injured classmates until officers arrived.
“I am very proud of them because they were able to stay calm for a whole hour that we were in there terrified,” Avila said.
As her students prepare to return to school for the first time since that traumatic day, Avila is on the way to recovery, walking up to eight minutes at a time on the treadmill in physical therapy and going to counseling. She looks forward to teaching again someday.
Outside of a shuttered Robb Elementary, a memorial for the people killed overflows at the entrance gate. Teachers from across Texas stopped by this summer to pay their respects and reflect on what they would do in the same situation.
“If I survive, I have to make sure they survive first,” said Olga Oglin, an educator of 23 years from Dallas, her voice breaking.
“Whatever happens to a student at our school, it just happens to one of my kids,” Olgin said, adding that as the person to greet parents, students and staff at the door in the mornings, she likely would be the first person shot.
Ofelia Loyola, who teaches elementary school in San Antonio, visited with her husband, middle school teacher Raul Loyola. She was baffled at the delayed response from law enforcement, as seen on security and police video.
“They are all kids. It doesn’t matter how old they are, you protect them,” she said.
Last week, Avila and several of her students met for the end-of-year party they were unable to have in May. They played in the pool at a country club and she gave them each a bracelet with a little cross to remind them that “God was with us that day and they are not alone,” she said.
“We always talked about being kind, being respectful, taking care of each other — and they were able to do that on that day,” Avila said.
“They took care of each other. They took care of me.” | https://cw33.com/news/nexstar-media-wire/im-shot-16-uvalde-fourth-graders-waited-an-hour-with-wounded-teacher/ | 2022-09-06T14:36:03Z |
Miller Ink's appointment to list of industry leaders affirms its commitment to employee well-being
LOS ANGELES, Aug. 18, 2022 /PRNewswire/ -- This week, Miller Ink, a strategic and crisis communications firm, announced that it has been named to the Los Angeles Business Journal's list of the "Best Places to Work." The Los Angeles Business Journal compiles an annual list of organizations in Southern California that score highly on measures of employee engagement and satisfaction and named Miller Ink as one of this year's top performers in the small-size company category.
"I am thrilled that Miller Ink has been recognized for its commitment to building an organization that promotes positivity, accountability, and excellence—and for building an environment in which all employees can grow and thrive," said Miller Ink Founder and CEO Nathan Miller.
Miller Ink was recognized by the Los Angeles Business Journal after its diverse team of communications professionals completed anonymous surveys, rating the organization on a variety of employment-related metrics. The Los Angeles Business Journal and Workforce Research Group created this sixteenth annual program and survey to identify, recognize and honor the best employers in Los Angeles.
This announcement comes as Miller Ink continues to grow its team and help its clients find their voices, tell their stories, and achieve their goals.
About Miller Ink: Miller Ink is a strategic communications and crisis management firm based in Los Angeles that helps high-profile individuals, nonprofits, and companies—as well as the attorneys, accountants, and advisors who serve them—achieve their public relations goals.
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SOURCE MILLER INK | https://www.wibw.com/prnewswire/2022/08/18/miller-ink-named-los-angeles-business-journals-best-places-work-list/ | 2022-08-18T21:51:02Z |
Group to focus on food and nutrition ingredients, innovation and product acceleration
DOWNERS GROVE, Ill., June 16, 2022 /PRNewswire/ -- Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or "the Company"), a leading global chemical and ingredient distributor and provider of value-added services, today announced the launching of Foodology by Univar Solutions, a specialized team dedicated to the unique distribution and technical innovation needs of the food and nutrition ingredient industries.
"Foodology embodies Univar Solutions' continued commitment to helping shape the 'future of food' by providing global brands access to the necessary ingredients, formulations, testing resources, regulatory expertise and world-class supply chain required to feed a growing world in a sustainable fashion," said Nick Powell, president, ingredients & specialties and president, Europe, Middle East and Africa and Asia Pacific, at Univar Solutions. "Foodology also sets Univar Solutions apart as a full-line food ingredient distributor, product innovator, safe supplier, and expert partner."
Under the Foodology by Univar Solutions umbrella, the company will continue to build out its expertise across all aspects of food and nutrition ingredient sales, marketing and distribution by leveraging its global network of food scientists, test kitchens and a robust portfolio of diverse and sustainable ingredients to bring together the latest in technical, trend and application development solutions. This approach will make Foodology a valuable partner to brands and suppliers of all sizes looking to develop products with cleaner labels, respond to market or regulatory trends, test "free-from" and other label claims, as well as bring new products to market faster.
"Foodology combines our industry-leading distribution resources, our global network of food scientists, and ingredient specialists across our ecosystem of global solution centers, including the food-focused development space inside The Hatchery in Chicago, with an even stronger bench of industry experts," added Kevin Hack, global vice president of food ingredients at Univar Solutions. "These capabilities unite our world-class distribution footprint and deep food industry technical knowledge to design and deliver innovative solutions to every corner of the world, making us the differentiated choice to those with ingredient needs."
The Foodology by Univar Solutions team will exhibit at the Institute of Food Technologists (IFT) Expo in Chicago, July 10-13. The company will also celebrate its launch during a series of events at the official grand opening of its test kitchen in The Hatchery Chicago during this same time.
For more information, please visit univarsolutions.com/foodology
Univar Solutions (NYSE: UNVR) is a leading global chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.
This press release includes certain statements relating to future events and our intentions, beliefs, expectations, and predictions for the future, which are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company's control. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations and assumptions. A detailed discussion of these factors and uncertainties is contained in the Company's filings with the Securities and Exchange Commission. Potential factors that could affect such forward-looking statements include, among others: the ultimate geographic spread of the COVID-19 pandemic; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities to address or otherwise mitigate the impact of the COVID-19 pandemic; the potential negative impacts of COVID-19 on the global economy and our customers and suppliers; the overall impact of the COVID-19 pandemic on our business, results of operations and financial condition; other fluctuations in general economic conditions, particularly in industrial production and the demands of our customers; significant changes in the business strategies of producers or in the operations of our customers; increased competitive pressures, including as a result of competitor consolidation; significant changes in the pricing, demand and availability of chemicals; our levels of indebtedness, the restrictions imposed by our debt instruments, and our ability to obtain additional financing when needed; the broad spectrum of laws and regulations that we are subject to, including extensive environmental, health and safety laws and regulations; an inability to integrate the business and systems of companies we acquire, including of Nexeo Solutions, Inc., or to realize the anticipated benefits of such acquisitions; potential business disruptions and security breaches, including cybersecurity incidents; an inability to generate sufficient working capital; increases in transportation and fuel costs and changes in our relationship with third party providers; accidents, safety failures, environmental damage, product quality and liability issues and recalls; major or systemic delivery failures involving our distribution network or the products we carry; operational risks for which we may not be adequately insured; ongoing litigation and other legal and regulatory risks; challenges associated with international operations; exposure to interest rate and currency fluctuations; potential impairment of goodwill; liabilities associated with acquisitions, ventures and strategic investments; negative developments affecting our pension plans and multi-employer pensions; labor disruptions associated with the unionized portion of our workforce; and the other factors described in the Company's filings with the Securities and Exchange Commission. We caution you that the forward-looking information presented in this press release is not a guarantee of future events or results, and that actual events or results may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "plan," "seek, "will," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or the negative thereof or variations thereon or similar terminology. Any forward-looking information presented herein is made only as of the date of this press release, and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise, except as required by law.
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SOURCE Univar Solutions Inc. | https://www.wibw.com/prnewswire/2022/06/16/univar-solutions-introduces-foodology-reinforces-commitment-global-food-ingredients-industry/ | 2022-06-16T12:53:37Z |
Winter Weather Advisory issued April 4 at 2:26PM MDT until April 5 at 10:00AM MDT by NWS Pocatello ID
* WHAT…Snow. Additional snow accumulations of up to one inch,
except up to 5 inches on ridge tops and elevations above
passes. Winds gusting as high as 65 mph.
* WHERE…The eastern highlands including the Bear River Range,
the Caribou Range, and the Big Hole Mountains.
* WHEN…Until 10 AM MDT Tuesday.
* IMPACTS…Plan on slippery road conditions. Patchy blowing
snow could significantly reduce visibility. The hazardous
conditions could impact the morning or evening commute. Strong
winds could cause tree damage.
Slow down and use caution while traveling.
The latest road conditions can be obtained by calling 5 1 1. | https://localnews8.com/weather/alerts-weather/2022/04/04/winter-weather-advisory-issued-april-4-at-226pm-mdt-until-april-5-at-1000am-mdt-by-nws-pocatello-id/ | 2022-04-04T22:53:48Z |
RENO, Nev., July 12, 2022 /PRNewswire/ -- Itronics Inc. (OTC: ITRO) today reported to its investors on current Company progress through June 2022.
- GOLD'n GRO fertilizer sales for the second quarter ending June 30, 2022 totaled $1,081,971, an increase of 96 percent compared to the same period in 2021.
- GOLD'n GRO fertilizer sales for the six months ending June 30, 2022 totaled $1,534,844, an increase of 60 percent compared to the same period in 2021.
- Supply chain disruptions that affected the Company's GOLD'n GRO fertilizer manufacturing in 2021 were reduced significantly this year, improving manufacturing efficiency and delivery during the second quarter.
- "The increase in sales reflects our distributor's increasing preference for the GOLD'n GRO fertilizers," said Dr. John Whitney, founder and President. "Our 'Award Winning', environmentally friendly fertilizers improve crop quality and yield which is vital to growers as they focus on maximizing food production during a time of emerging food shortages."
- Mining company interest in the Company's Rock Kleen tailings processing technology is expanding with one contract for work on two separate projects for an operating gold mining company received late in the second quarter and two more projects with other companies in the proposal stage. Rock Kleen is a revolutionary, emerging technology that recovers residual precious metals, base and ferrous metals, nutrient materials, and industrial minerals from 'sub-ore grade' mine tailings.
- Itronics reports that work on the audit of its financial statements is progressing. Once Itronics' U.S. Securities and Exchange Commission filings are current, trading of the stock will resume for the general public.
"We would like to thank our investors for their continued support," said Dr. Whitney. "Our portfolio of 'Zero Waste Energy Saving Technologies' is making the world cleaner and greener, while the Company continues its drive to profitability."
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Zero Waste Energy Saving Technology" Company that produces GOLD'n GRO multi-nutrient liquid fertilizers, silver bullion, and silver-bearing glass. The Company's environmentally friendly award winning GOLD'n GRO liquid fertilizers are used extensively in agriculture in California.
Follow Itronics on Facebook: https://www.facebook.com/itronicsinc Follow Itronics on Twitter: https://twitter.com/itronicsinc
VISIT OUR WEB SITE: http://www.itronics.com
Contact us (775-689-7696), investor@itronics.com.
("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
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SOURCE Itronics Inc. | https://www.kxii.com/prnewswire/2022/07/12/itronics-provides-six-month-update-investors-goldn-gro-fertilizer-sales-up-96-percent-second-quarter/ | 2022-07-12T11:10:13Z |
Oz, McCormick race heads toward recount in Pa. Senate primary
HARRISBURG, Pa. (AP) — Pennsylvania’s top election official was expected to certify Wednesday that the margin between the top two candidates in last week’s Republican primary for U.S. Senate was tight enough to trigger a recount.
The state’s acting secretary of state, Leigh Chapman, had a news conference planned for Wednesday afternoon.
Celebrity heart surgeon Dr. Mehmet Oz, who is endorsed by former President Donald Trump, led former hedge fund CEO David McCormick by 912 votes, or 0.06 percentage points, out of 1,342,580 ballots reported by the state as of Wednesday.
The race is close enough to trigger Pennsylvania’s automatic recount law, with the separation between the candidates inside the law’s 0.5% margin. The Associated Press will not declare a winner in the race until the recount is complete. That could take until June 8.
The winner will face Democratic Lt. Gov. John Fetterman in November’s midterm elections in what Democrats see as their best opportunity to pick up a seat in the closely divided Senate. The incumbent, Republican Sen. Pat Toomey, is retiring after serving two terms.
The deadline for counties to report their unofficial results to the state elections office was 5 p.m. Tuesday. Even so, counties continued counting hundreds of ballots, including provisional, military and overseas absentee ballots.
McCormick’s campaign has filed a lawsuit with the Pennsylvania Supreme Court to compel counties to promptly count mail-in ballots that lack a required handwritten date on the return envelope.
Oz, the Republican National Committee and the state Republican Party oppose McCormick’s request.
There are hundreds — if not thousands — of such ballots sitting in county offices across the state.
A separate case that affects the ballot counting could go to the U.S. Supreme Court.
Chapman has until Thursday to issue a recount order, which is mandatory — unless the losing candidate requests that it not be carried out. McCormick’s campaign said it has no plans to decline a recount.
Counties will begin the recount next week and have until June 7 to finish and another day to report results to the state.
___
Follow Marc Levy on Twitter at https://twitter.com/timelywriter.
___
Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter at https://twitter.com/ap_politics.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/25/oz-mccormick-race-heads-toward-recount-pa-senate-primary/ | 2022-05-25T17:35:36Z |
Partnership will enable ISVs to list, sell, and scale through commercial marketplace and access Microsoft's customers and salesforce
BOISE, Idaho, July 19, 2022 /PRNewswire/ -- Tackle.io, a software company dedicated to helping ISVs launch, grow, and scale digital routes to revenue through the clouds, has entered a strategic partnership with Microsoft to simplify how independent software vendors (ISVs) scale revenue through the Microsoft commercial marketplace, which includes the storefronts Azure Marketplace and Microsoft AppSource.
Today's B2B customers want to spend less time with suppliers. Cloud Marketplaces are becoming part of the solution to enable buyers to buy seamlessly and 83% of buyers in Tackle's 2021 State of Cloud Marketplaces Report say they are "likely or very likely" to purchase via the Cloud Marketplaces.
For B2B software sellers, commercial marketplace provides access to cloud consumption budgets and streamlines the buying process to accelerate software purchases, helping them grow their business FAST. Through commercial marketplace, ISVs have immediate access to sell directly to millions of Microsoft customers through its storefronts and in-product experiences—like Microsoft Teams with 270M monthly active users and Azure that's used by 95% of the Fortune 500—as well as sell through over 90,000 partners in the Microsoft Cloud Solution Provider program and activate a global salesforce of over 35,000. The Tackle-Microsoft partnership will accelerate the ISV's success with the commercial marketplace and unlock new sales and go-to-market channels.
"Buyers want to engage more digitally than ever before, and ISVs are looking for new ways to sell that address those expectations," said John Jahnke, CEO at Tackle. "The Microsoft commercial marketplace offers solutions for sellers to meet their buyers where and how they want to buy. We have partnered with Microsoft since 2019 and are thrilled to evolve our relationship to enable continued platform innovation and help ISVs to scale their revenue with the commercial marketplace."
Tackle's no code platform for Microsoft's commercial marketplace allows sellers to launch, immediately sell, and grow with tools to manage a scaling Cloud Marketplace business. Tackle is working with Microsoft to allow for programmatic delivery of offers to the commercial marketplace via Tackle, unlocking seamless scale for large sellers. Today, Tackle is also announcing its Early Access Program for Tackle Offers to enable commercial marketplace publishers to streamline their direct selling motion through marketplace transactions and fulfillment.
"Tackle's Cloud Marketplace Platform has powered many top-selling ISVs to accelerate and operationalize revenue generation through Microsoft commercial marketplace," said Charlotte Yarkoni, President, Commerce and Ecosystems at Microsoft. "Tackle's continued investment in innovation and expertise in Microsoft, our programs, and our ecosystem makes them a great partner for any software company looking to establish a cloud go-to-market motion, including a scaling marketplace business, with Microsoft."
Gartner has predicted that enterprise software is a roughly $505B market and Forrester estimates more than 17% of that spend will flow to Marketplaces by 2023. At Tackle, we expect Cloud Marketplaces to exceed $10 billion in throughput by the end of 2023 and $50 billion by the end of 2025.
"Cloud marketplaces are key to our growth strategy," said Harrison Johnson, Head of Technology Partnerships at Starburst. "Tackle helped us tap into the potential Microsoft commercial marketplace brings to software sellers by enabling us to launch faster, streamline seller workflows, and ultimately scale revenue through the clouds."
For more information about Tackle, visit tackle.io.
About Tackle
Tackle enables software companies to accelerate and operationalize a Cloud Go-to-Market through the use of AWS Marketplace, Microsoft Azure Marketplace and AppSource, Google Cloud Marketplace, and Red Hat Marketplace, without the need for significant engineering resources. Our Cloud Marketplace Platform and our team come together to help our more than 450 customers build, grow, and scale their businesses through the clouds, including DataStax, Fivetran, F5, HashiCorp, Nasuni, Starburst, and Veeam Software.
Media Contact
BLASTmedia for Tackle
tackle.io@blastmedia.com
317.806.1900
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SOURCE Tackle.io | https://www.mysuncoast.com/prnewswire/2022/07/19/tackleio-furthers-strategic-partnership-with-microsoft-help-independent-software-vendors-accelerate-revenue-growth-through-microsoft-commercial-marketplace/ | 2022-07-19T19:33:51Z |
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon.
Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the price jump comes amid higher crude oil costs and tight gasoline supplies.
The average price at the pump is $1.61 higher than it was one year ago.
Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area, at $6.20 per gallon. The lowest average is in Tulsa, Oklahoma, at $3.92 per gallon.
According to the survey, the average price of diesel rose 9 cents over two weeks, to $5.66 a gallon. | https://cw33.com/business/ap-business/average-us-gasoline-price-jumps-33-cents-to-4-71-per-gallon/ | 2022-05-23T13:25:36Z |
ATLANTA -- A surveillance video then-President Trump’s lawyer played for Georgia lawmakers in December 2020 purportedly revealing ballot-counting irregularities at Atlanta’s State Farm Arena showed nothing illegal, former U.S. Attorney Byung J. “BJay” Pak told a congressional committee.
Testifying on the second day of hearings before the U.S. House select committee investigating the Jan. 6 attack on the Capitol, Pak said his office investigated the video at the request of then-Attorney General Bill Barr.
The request came one day after former New York Mayor Rudy Giuliani, Trump’s personal lawyer, played the video during a state Senate hearing on alleged voter fraud during Georgia’s 2020 presidential election.
“We found that the suitcase full of ballots … being seen pulled from under a table was actually an official lockbox where ballots were kept safe,” Pak testified. “Nothing irregular happened in the counting [of votes], and the allegations made by Mr. Giuliani were false.”
Pak, a Republican U.S. attorney for the Northern District of Georgia appointed by Trump, appeared on a panel with two other witnesses who likewise discounted allegations of voter fraud hurled by Trump after he lost his reelection bid to Democrat Joe Biden.
Former Philadelphia City Commissioner Al Schmidt, also a Republican, testified that after he publicly dismissed allegations of voter fraud in his city, he and his family received death threats from people angered by tweets posted by Trump targeting Schmidt.
Prominent Republican election lawyer Ben Ginsberg told committee members that post-election reviews of lawsuits Trump supporters brought in each of six battleground states including Georgia found all but one had been dismissed. The lone exception was a case that did not affect the outcome of the election, Ginsberg said.
In the Georgia case, Richard Donoghue, who was serving as acting deputy attorney general at the time the State Farm allegations surfaced, indicated in video testimony that his office also determined they were false and reported those findings to Trump.
Pak resigned from the Justice Department in early January of last year, shortly before Biden took the oath of office as president.
The Jan. 6 committee is scheduled to hold five additional hearings in the next two weeks. Georgia Secretary of State Brad Raffensperger is expected to appear at the fifth of the seven sessions.
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accounts, the history behind an article. | https://www.albanyherald.com/news/former-u-s-attorney-bjay-pak-testifies-before-jan-6-committee/article_4a92e6a0-edab-11ec-86e3-d37953c7071f.html | 2022-06-16T20:17:49Z |
Biden nominates first woman to lead Coast Guard
Published: Apr. 6, 2022 at 9:58 AM CDT|Updated: 1 hours ago
(CNN) - President Joe Biden has picked a woman to be the next leader of the U.S. Coast Guard.
Adm. Linda Fagan was nominated to serve as the next commandant.
If she is confirmed, she would be the first woman to lead the branch of the U.S. Armed Forces.
Fagan has served on all seven continents and spent 36 years in the Coast Guard service. She is the No. 2 in charge right now.
Her nomination will be under consideration by the Senate committee on commerce, science and transportation, but she’s getting support from both sides of the aisle.
The current commandant is required to retire May 31.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/04/06/biden-nominates-first-woman-lead-military-branch/ | 2022-04-06T17:24:21Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for HSDT, NIO, SNAP, APPS, and ACB.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- HSDT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=HSDT&prnumber=060120225
- NIO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NIO&prnumber=060120225
- SNAP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SNAP&prnumber=060120225
- APPS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=APPS&prnumber=060120225
- ACB: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ACB&prnumber=060120225
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.kxii.com/prnewswire/2022/06/01/thinking-about-buying-stock-helius-medical-technologies-nio-snap-digital-turbine-or-aurora-cannabis/ | 2022-06-01T15:29:16Z |
VANCOUVER, BC, May 12, 2022 /PRNewswire/ - Gold Royalty Corp. ("GRC") (NYSE American: GROY) today announced the expiry of its previously announced offer (the "Offer") to acquire all of the outstanding common shares of Elemental Royalties Corp. ("Elemental") (TSXV: ELE). The Offer is now terminated and no longer open for acceptance by any Elemental shareholders. As the conditions of the Offer were not satisfied, GRC will not take up any shares deposited under the Offer and will return such securities to the holders thereof.
David Garofalo, Chairman and CEO, commented: "While we strongly believe in the merits of a combination with Elemental, we were ultimately unable to obtain the engagement and accord required to reach a board-supported, mutually-beneficial transaction. Gold Royalty will not waiver from its disciplined pursuit of value-enhancing acquisitions, and we remain focused on our existing high-quality portfolio, which is poised to deliver sector-leading cash flow growth over the coming years."
About Gold Royalty Corp.
Gold Royalty Corp. is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for its investors. Gold Royalty's diversified portfolio currently consists of net smelter return royalties on gold properties located in the Americas.
Cautionary Statement on Forward-Looking Information:
Certain of the information contained in this news release constitutes 'forward-looking information' and 'forward-looking statements' within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements") and involve known and unknown risks, uncertainties and other factors that may cause Gold Royalty's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. The words "believe", "expect", "will", "propose" and derivatives thereof and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters, identify the above mentioned and other forward-looking statements. Such forward-looking statements, including among others, statements regarding = the Company's future acquisition strategy and expectations regarding the Company's portfolio, involve risks, uncertainties and other factors which may cause the actual results to be materially different from those expressed or implied by such forward-looking statements. Such factors include, among others, the impact of general economic and market conditions; any inability of the operators of the properties underlying the parties' royalty and other interests to execute proposed plans for such properties, risks related to such operators or the exploration, development and mining operations of the properties underlying the parties' royalty and other interests; impacts of macroeconomic developments; and the impact of and the responses of relevant governments to the COVID-19 pandemic and the effectiveness of such responses and the other important risks and uncertainties set out in Gold Royalty's Annual Report on Form 20-F for the year ended September 30, 2021 and its other public filings available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
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SOURCE Gold Royalty Corp. | https://www.wibw.com/prnewswire/2022/05/12/gold-royalty-announces-expiry-elemental-offer/ | 2022-05-13T06:06:49Z |
LANSING, Mich., June 2, 2022 /PRNewswire/ -- Today, Jay Rosen, founder, president, and co-chairman of Health Management Associates (HMA), announced the firm's acquisition of Medical Audit Resource Services, Inc. (MARSI).
Founded in 1991, MARSI specializes in medical coding support, physician education and healthcare revenue cycle management. MARSI's experts provide coding and auditing services for hospitals and physicians using inpatient, outpatient and risk adjusted reimbursement methodologies. Other clients include commercial fee-for-service plans as well as risk-adjusted plans.
"MARSI is recognized nationally for the expertise of its team and the results they deliver for clients. They will add enormous value to our healthcare delivery system, actuarial and revenue cycle work," Rosen said. "I am excited to welcome such talented professionals to HMA as we continue to expand the ways in which we can meet our clients' current and emerging needs."
MARSI has been a pioneer in several areas that are now standard operating procedure among healthcare providers and their contracted service providers, including over-code identification, physician queries, pre-bill auditing, coder and physician training, and clinical documentation improvement.
"We are excited to join an organization that shares our commitment to integrity and excellence," said Dr. Todd M. Husty, MARSI owner, founder, and chief medical officer. "HMA is home to an unmatched breadth and depth of experience and expertise. We look forward to the new opportunities we will have to serve our clients and extend our reach."
MARSI will continue to operate as Medical Audit Resource Services, an HMA Company, under the leadership of Dr. Husty. Terms of the transaction were not disclosed.
Founded in 1985, HMA is an independent, national research and consulting firm specializing in publicly funded healthcare and human services policy, programs, financing, and evaluation. Clients include government, public and private providers, health systems, health plans, community-based organizations, institutional investors, foundations, and associations. With offices in more than 20 locations across the country and over 500 multidisciplinary consultants coast to coast, HMA's expertise, services, and team are always within client reach.
HMA: https://www.healthmanagement.com/
MARSI: https://himexperts.com/
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SOURCE Health Management Associates | https://www.mysuncoast.com/prnewswire/2022/06/02/health-management-associates-acquires-medical-audit-resource-services-inc/ | 2022-06-02T18:54:47Z |
‘I’d like to think anyone else would do the same’: Strangers rescue woman from burning home
By Ross Ketschke
Click here for updates on this story
RICHMOND, Maine (WMTW) — Firefighters are crediting the fast actions of group of neighbors and bystanders for saving a woman from a house fire in Richmond on Wednesday.
Central Maine Power linemen Jeff Dyer and Adam Douin were working near route 201 when they saw heavy smoke. They found the house on Loon Drive burning and called 911.
Soon after, they noticed a woman was stuck on the second floor.
With the help of a few neighbors, including Edward Luebbert and Martin Naas, they were able to put up a ladder and help the woman down to safety.
“I can’t believe how fast it all happened,” Dyer said. “I’d like to think anyone else would do the same thing.”
The two CMP linemen said Luebbert, who is a retired firefighter, was especially helpful in communicating with the woman keeping her calm as she moved to the ladder.
“Instinct just kicked in,” Luebbert said. “Everybody kicked in.”
The woman was taken to the hospital for burns and the home was destroyed in the fire.
Gardiner fire Chief Richard Sieberg said the men saved the woman’s life and commended them on their fast actions.
The cause of the fire is under investigation.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/05/20/id-like-to-think-anyone-else-would-do-the-same-strangers-rescue-woman-from-burning-home/ | 2022-05-20T17:55:19Z |
NEW YORK, July 20, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SNDL, XELA, GNLN, RIOT, and HUT.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- SNDL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SNDL&prnumber=072020226
- XELA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=XELA&prnumber=072020226
- GNLN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=GNLN&prnumber=072020226
- RIOT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RIOT&prnumber=072020226
- HUT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=HUT&prnumber=072020226
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/07/20/thinking-about-buying-stock-sundial-growers-exela-technologies-greenlane-holdings-riot-blockchain-or-hut-8-mining/ | 2022-07-20T18:26:49Z |
READING, Pa., July 21, 2022 /PRNewswire/ -- Penske Truck Leasing has recently opened a brand-new, state-of-the-art facility in Monroe, Ohio. Located at 100 Clark Boulevard this new facility expands Penske's capability to support this growing Ohio market and allows increased aid to the large territory between its Sharonville and Dayton sites.
At this location, Penske offers consumer and commercial truck rental, full-service truck leasing and contract truck fleet maintenance. It is also outfitted with the company's proprietary fully digital and voice-directed preventive maintenance process and Penske digital experience solutions, which help customers leverage Penske technology as well as options related to onboard technology systems (ELDs, telematics, onboard cameras, etc.).
"This state-of-the-art facility brings the full Penske-experience, showcasing our strong commitment to the community and ability to cultivate with the growing market," said Tim Burke, the Midwest area vice president for Penske Truck Leasing. "I extend my appreciation to our customers – allowing us to grow, and the dedication of our staff – maintaining service excellence throughout the process."
The location is 14,520 square-feet and sits on 5.96 acres. It features three service bays plus an automatic truck wash bay, a two-lane fuel island and in-floor heating.
Penske currently employs approximately 20 associates at the new facility, and is hiring truck technicians, fueler and wash bay attendants, customer service representatives, and drivers locally and nationwide. For a list of open positions in the Monroe area and at other Penske locations across North America visit penske.jobs for more information.
Penske Truck Leasing is a Penske Transportation Solutions company headquartered in Reading, Pennsylvania. A leading global transportation services provider, Penske Truck Leasing operates more than 387,000 vehicles and serves customers from approximately 1,300 locations in North America, South America, Europe, Australia, and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. Visit www.pensketruckleasing.com to learn more.
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SOURCE Penske Truck Leasing | https://www.mysuncoast.com/prnewswire/2022/07/21/penske-truck-leasing-opens-new-state-of-the-art-facility-monroe-ohio/ | 2022-07-21T14:19:10Z |
‘Live PD’ is returning to TV under new title, report says
(Gray News) - A once-popular reality TV show is being revived.
Variety reports producers of “Live PD” are bringing back the show’s live format under a new working title called “On Patrol: Live” that will air on Reelz.
According to the report, the show is scheduled to air live on Friday and Saturday nights starting later this summer.
The “On Patrol: Live” announcement comes two years after A&E reportedly halted production in the wake of protests against police brutality and concerns over coverage of police activity following the killing of George Floyd in Minnesota.
Big Fish Entertainment is said to again be behind the show’s new production along with Half Moon Pictures, which is devoted to crime and investigative series.
According to the report, Dan Abrams will also be back as host.
Previously, “Live PD” was a juggernaut for A&E, dominating cable ratings and spawning multiple spinoffs.
According to Variety, Reelz CEO Stan E. Hubbard said he believed the new show would serve as “the cornerstone of our commitment to commissioning brand-defining, must-see original programming.”
Police departments and sheriff’s offices featured on “On Patrol: Live” are expected to be announced in the coming weeks.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/08/live-pd-is-returning-tv-under-new-title-report-says/ | 2022-06-08T22:15:34Z |
Russian ties shred German ex-leader Schroeder’s standing
By GEIR MOULSON
Associated Press
BERLIN (AP) — Gerhard Schroeder left the German chancellery after a narrow election defeat in 2005 with every chance of a future as a respected elder statesman.
His ambitious overhaul of the country’s welfare state was just beginning to kick in and he had won plaudits among voters for opposing the U.S.-led war in Iraq.
Fast-forward to last week: German lawmakers agreed to shut down Schroeder’s taxpayer-funded office, the European Parliament called for him to be sanctioned, and his own party set a mid-June hearing on applications to have him expelled.
Schroeder’s reportedly lucrative involvement with the Russian energy sector and his friendly relationship with President Vladimir Putin have raised eyebrows for years, even as many others in Germany backed business and energy ties.
But it was his stubbornness in sticking to his energy posts and his failure to wholeheartedly distance himself from Putin after Russia invaded Ukraine on Feb. 24 that turned the 78-year-old into a political pariah in Germany and estranged him from his party, the center-left Social Democrats of current Chancellor Olaf Scholz.
“Gerhard Schroeder has been acting for many years now only as a businessman, and we should stop seeing him as an elder statesman, as a former chancellor,” party co-leader Saskia Esken said last month.
On Friday, Russian state energy company Rosneft said that Schroeder plans to step down from its board of directors, which he had chaired since 2017. The move appeared unlikely to undo the damage to his standing; the Social Democrats’ general secretary, Kevin Kuehnert, said it was “unfortunately much too late.”
Scholz said he should quit other Russian energy jobs. The ex-chancellor has for years chaired the shareholders’ committee of Nord Stream AG and headed the board of directors of Nord Stream 2, a second pipeline built to bring gas directly from Russia to Germany that Scholz’s government halted in February.
Schroeder, who rose from a poor, working-class background to become Germany’s leader, was chancellor from 1998 to 2005. He initiated an overhaul of Germany’s labor market that was unpopular at the time but was later credited with making Europe’s biggest economy more competitive, helping it weather a series of crises.
He also vehemently opposed the U.S.-led war in Iraq, a stance that struck a chord with German voters and helped him secure his second term, but chilled relations with President George W. Bush.
Schroeder bonded with Putin, however. He welcomed the Russian leader to his home in Hannover, while the pair also made a joint appearance on a German television talk show. Asked in 2004 whether he considered Putin a “flawless democrat,” the chancellor replied that he did.
Within weeks of leaving office, Schroeder drew criticism for his appointment to a German-Russian consortium building the Nord Stream gas pipeline under the Baltic Sea, which he had championed as chancellor. He said it was “a matter of honor” to help.
In April 2014, he was pictured hugging Putin at a party in St. Petersburg marking his 70th birthday, just as tensions between Russia and the West soared following Russia’s annexation of Crimea.
In early February this year, Russian state-owned gas company Gazprom said he had been nominated to join its board of directors — shortly after the ex-chancellor had accused Ukraine of “saber-rattling.” It’s unclear whether the appointment, which was to be confirmed in June, will go ahead.
When Scholz visited Moscow shortly before Russia’s invasion, Putin praised Schroeder as an “independent expert” and “a decent person whom we respect.” He said Germans who didn’t want to pay much more for gas should be thankful to their former leader.
On the day of the invasion, Schroeder said it was the Russian government’s responsibility to end the war as soon as possible, and that Moscow’s security interests didn’t justify a military intervention. But he didn’t address his own energy posts, and said in a LinkedIn post that “there were many mistakes — on both sides” in relations between Russia and the West.
Schroeder’s stock plummeted further. He gave up the title of honorary citizen of Hannover, preempting a likely decision by city officials, and had his honorary membership of Germany’s soccer federation and leading soccer club Borussia Dortmund withdrawn. Staff resigned in protest. Prominent Social Democrats urged him to leave the party he led from 1999 to 2004; the party’s Hannover branch received 14 applications for his expulsion, which it plans to consider on June 15.
Schroeder was defiant in an April interview with The New York Times, declaring that “I don’t do mea culpa.” And he was quoted as saying that a massacre in Bucha, outside Kyiv, “has to be investigated” but he didn’t think the orders would have come from Putin.
It’s not clear what eventually prompted Schroeder to pull out of Rosneft. But the announcement came a day after German lawmakers decided to strip him of his office, while the European Parliament approved a resolution that “strongly demands” he give up his positions with Russian firms and calls for politicians “who continue to receive Russian money” to be sanctioned. Scholz indicated that he doesn’t support sanctions against Schroeder at present.
“The public self-destruction of his reputation was as sad to watch as it was unsettling,” the Sueddeutsche Zeitung newspaper commented. “No one could explain how a man who was once marked by outstanding political instinct let the discussion run until his privileges were withdrawn.”
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine | https://localnews8.com/news/ap-national-business/2022/05/23/russian-ties-shred-german-ex-leader-schroeders-standing/ | 2022-05-23T10:24:48Z |
CHICAGO, July 1, 2022 /PRNewswire/ -- JBT Corporation (NYSE: JBT), a global technology solutions provider to high-value segments of the food and beverage industry, announced today it has acquired Alco-food-machines GmbH & Co. KG (Alco), a leading provider of further food processing solutions and production lines.
"Alco has been a family business for generations and over time has built an excellent reputation in the market for providing leading further processing technology solutions with strong ties in the DACH region," said Brian Deck, President and Chief Executive Officer. "Alco represents the ideal fit for JBT where our family of brands approach and our broad food and beverage platform offers a compelling succession opportunity for companies with leading technology and food domain expertise."
"The acquisition of Alco complements and expands our product offering in further processing, in particular, expanding our offering in convenience meal lines as well as alternative and plant-based protein technology," said Bob Petrie, EVP and President, Protein. "Bringing our companies and technologies together supports our vision to be the preferred solutions partner for our customers, backed by unparalleled application expertise and best-in-class local service support. Alco also further strengthens our presence and capabilities in the important German market," added Petrie.
Alco was founded in Bad Iburg, Germany in 1977 based on the idea from Heinz and Gertrud Algra to make the best machines in the industry, which today, produce everything from noodle sauces, and pizza to convenience and snack foods. "JBT has always been viewed as a leader in food processing, and its approach to preserving the Alco brand and continuing the family legacy of technology and service was of the utmost importance in finding the right partner to acquire the business," said Isabelle Kleine-Ausberg, former shareholder of Alco. "We are excited about the possibilities in the next phase of growth for Alco," added Thomas Kleine-Ausberg, Managing Director.
Alco expects 2022 revenue of approximately $35 million with EBITDA margins in the low double digits prior to synergies. The transaction is expected to be slightly dilutive to 2022 GAAP earnings per share but approximately two cents accretive on an adjusted basis, which excludes transaction-related costs and purchase price accounting. The purchase price was undisclosed.
JBT Corporation (NYSE: JBT) is a leading global technology solutions provider to high-value segments of the food & beverage industry with focus on proteins, liquid foods and automated system solutions. JBT designs, produces and services sophisticated products and systems for multi-national and regional customers through its FoodTech segment. JBT also sells critical equipment and services to domestic and international air transportation customers through its AeroTech segment. JBT Corporation employs approximately 6,800 people worldwide and operates sales, service, manufacturing and sourcing operations in more than 25 countries. For more information, please visit www.jbtc.com.
This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond JBT's ability to control. Forward-looking statements include, among others, statements relating to the expected impact of the COVID-19 pandemic on our business and our results of operations, our plans to mitigate the impact of the pandemic, our strategic plans, our restructuring plans and expected cost savings from those plans, our liquidity and our covenant compliance. The factors that could cause our actual results to differ materially from expectations include but are not limited to the following factors: the duration of the COVID-19 pandemic and the effects of the pandemic on our ability to operate our business and facilities, on our customers, on our workforce resulting in higher labor absenteeism, on our supply chains due to extended delivery times and unavailability of required components and freight, on our cost of labor due to higher labor turnover and shortage of skilled labor and on the economy generally; fluctuations in our financial results; unanticipated delays or acceleration in our sales cycles; deterioration of economic conditions; disruptions in the political, regulatory, economic and social conditions of the countries in which we conduct business; changes to trade regulation, quotas, duties or tariffs; risks associated with acquisitions or strategic investments; fluctuations in currency exchange rates; increases in energy or raw material prices, freight costs, and inflationary pressures; changes in food consumption patterns; impacts of pandemic illnesses, food borne illnesses and diseases to various agricultural products; weather conditions and natural disasters; impact of climate change and environmental protection initiatives; our ability to comply with the laws and regulations governing our U.S. government contracts; acts of terrorism or war, including the recent conflict between Russia and Ukraine; termination or loss of major customer contracts and risks associated with fixed-price contracts, particularly during periods of high inflation; customer sourcing initiatives; competition and innovation in our industries; difficulty in implementing our business strategies, including the timing of our previously announced review of strategic alternatives for the AeroTech platform, our ability to identify or develop any strategic alternatives, execute on material aspects of such strategic alternatives, and whether we can achieve the potential benefits of such strategic alternatives. our ability to develop and introduce new or enhanced products and services and keep pace with technological developments; difficulty in developing, preserving and protecting our intellectual property or defending claims of infringement; catastrophic loss at any of our facilities and business continuity of our information systems; cyber-security risks such as network intrusion or ransomware schemes; loss of key management and other personnel; potential liability arising out of the installation or use of our systems; our ability to comply with U.S. and international laws governing our operations and industries; increases in tax liabilities; work stoppages; fluctuations in interest rates and returns on pension assets; availability of and access to financial and other resources; and other factors described under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's most recent Annual Report on Form 10-K filed by JBT with the Securities and Exchange Commission and in any subsequently filed Form 10-Q. In addition, many of our risks and uncertainties are currently amplified by and will continue to be amplified by the COVID-19 pandemic. Given the highly fluid nature of the COVID-19 pandemic, it is not possible to predict all such risks and uncertainties. JBT cautions shareholders and prospective investors that actual results may differ materially from those indicated by the forward-looking statements. JBT undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future developments, subsequent events or changes in circumstances or otherwise.
Investors & Media: Media: Kedric Meredith +1 312 861 6034
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SOURCE JBT Corporation | https://www.kxii.com/prnewswire/2022/07/01/jbt-corporation-acquires-alco-food-machines/ | 2022-07-01T11:32:42Z |
Central Idaho Resource Advisory Committee announces 2022 projects
LEMHI COUNTY, Idaho (KIFI) - The Central Idaho Resource Advisory Committee approved 16 projects for almost $685,000 in funding at their March 24 meeting.
The projects will benefit National Forest System lands and ecosystems in Butte, Custer, and Lemhi Counties.
The funds support a wide array of activities including trail maintenance, terrestrial and aquatic invasive species projects, reforestation, historical site and campground improvements, and road improvement and maintenance. The additional funding comes from the Secure Rural Schools and Community Self-Determination Act, which has received strong support from Idaho’s Congressional delegation since its start in 2000.
Projects must meet established criteria and improve federal lands in the following areas: road, trail, and infrastructure maintenance or obliteration, soil productivity improvement, improvements in forest ecosystem health, watershed restoration and maintenance, restoration, maintenance, and improvement of wildlife and fish habitat, control of noxious and exotic weeds or reestablishment of native species. At least 50 percent of all project funds are dedicated to restoring streams and watersheds; or road maintenance, decommissioning or removal. Projects may be on lands other than Forest Service lands but must show a direct benefit to National Forest System lands.
Louise Bruce is the chairperson of the federally chartered committee. She said she was pleased to see the number of partner groups proposing projects. She noted that even more funding will be available for these kinds of projects in the next few years. “It’s good to see an increased awareness and support for these Secure Rural Schools funds because they really help our local rural economies.”
“The projects the Resource Advisory Committee selected this spring will benefit National Forest System Lands in Butte, Custer, and Lemhi Counties for many years to come,” Salmon-Challis National Forest Supervisor Chuck Mark said.
He said the Resource Advisory Committee will meet again in early summer when to have FY2021 allocation amounts available. At that meeting, the committee will re-consider previously submitted projects that were not funded or not fully funded.
Projects Awarded by the Central Idaho Resource Advisory Committee, March 24, 2022 | https://localnews8.com/news/idaho/2022/04/05/central-idaho-resource-advisory-committee-announces-2022-projects/ | 2022-04-05T17:28:06Z |
Givebacks is the first organization to leverage cashback rewards from online shopping to scale
fundraising efforts for more than 1 million non-profits across the U.S.
SOLANA BEACH, Calif., May 17, 2022 /PRNewswire/ -- Wildfire Systems Inc., an innovative financial technology platform that powers reward programs and shopping companions, today announced that Givebacks is harnessing the power of Wildfire's white label rewards platform to fuel fundraising initiatives for over 1 million 501(c)(3) nonprofit organizations.
Givebacks is leveraging Wildfire's cashback rewards technologies to create programs for nonprofits to earn a share of the e-commerce purchases made by their supporters. This approach to fundraising automatically provides causes with 1% of each shopper's online purchase and allows consumers to donate additional cashback funds from purchases made at tens of thousands of brands in Wildfire's global merchant network.
"We're excited to work with Givebacks to help nonprofits achieve their fundraising goals," said Jordan Glazier, CEO, Wildfire Systems. "This novel use of our platform allows people to easily support their favorite causes simply by shopping online while using the Givebacks desktop and mobile extensions powered by Wildfire."
"Our partnership with Wildfire has allowed us to create an entirely new way for nonprofits to scale passive fundraising efforts, generating regular donations from their supporters, which we call Backers," said Robert Costa, COO, Givebacks. "With more than 25,000 merchants to earn shopping rewards from, we've made it simple for Backers to receive cashback on their purchases, which benefits them as well as the cause they've chosen to support. The Wildfire rewards platform allows Givebacks to reach more people and raise more funds for organizations such as PTAs that depend on donations from small donors."
Wildfire's enterprise platform allows partners such as Givebacks, as well as banks, fintechs, and technology companies to deploy turnkey rewards programs with a suite of offerings including cashback offers, coupons, and turnkey shopping assistants across all mobile and desktop interactions.
For more information on Wildfire Systems' white-label rewards platform and global merchant network, please visit https://www.wildfire-corp.com.
About Wildfire Systems, Inc.
Wildfire Systems provides an enterprise platform which enables clients to embed social commerce, cashback rewards, digital coupons, and shopping companions within their existing services. Wildfire's patented suite of technologies rewards online shopping and harnesses digital word-of-mouth, delivering enhanced user experiences, consumer loyalty, and new revenue streams for clients. Wildfire drives incremental revenue for over 50,000 online merchant programs in over 50 countries. The company is based in San Diego and was founded in 2017. For more information, visit www.wildfire-corp.com.
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SOURCE Wildfire Systems | https://www.mysuncoast.com/prnewswire/2022/05/17/givebacks-selects-wildfire-systems-white-label-rewards-platform-drive-nonprofit-fundraising/ | 2022-05-17T17:39:37Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Over the weekend, the Asian-American music group with over 45 million combined followers across social media platforms, North Star Boys, stopped traffic in Times Square to promote their upcoming single release.
What was meant to be a casual meet and greet, turned into a swarm of excited fans once news broke that the popular creators were engaging with their supporters in Times Square. The highlight of the night was when NSB stood on top of their SUVs throwing unreleased merch to lucky fans, as seen on the group's most recent TikTok.
"you are my star" is NSB's debut single release since they formed as a group. Partnering with HITCO Entertainment, founded by LA Reid and Charles Goldstuck for distribution, the song will be available to fans this spring.
To pre-save "you are my star", visit https://hitco.lnk.to/youaremystarpre.
You can follow NSB on TikTok, Instagram, YouTube, and Twitter.
About North Star Boys
North Star Boys is the first Asian-American content group, founded in August 2021. Within their first six months as a group, they surpassed expectations gaining millions of followers across all platforms, including TikTok, YouTube, and Instagram. The 7-member group of best friends is composed of founders and brothers, Oliver and Sebastian Moy along with Regie Macalino, Ryan Nguyen, Justin Phan, Darren Liang, and Kane Ratan managed by long-time friend, Tyler Bray. Coming together with a mutual goal in mind: to bring together and cultivate the most influential, creative, and impactful Asian American creators to reach a shared destination, the North Star, the young creators yearn to be the representation in media that they did not see growing up. NSB collectively aim to inspire others and hope to continue to do so as they transition into the music industry, launching their first single "you are my star" in Spring 2022.
Contact
Juliana Martins
Eleven11 Media Relations
juliana@eleven11mediarelations.com
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SOURCE North Star Boys | https://www.mysuncoast.com/prnewswire/2022/04/11/nsb-shuts-down-times-square-with-fans-promoting-their-upcoming-single-you-are-my-star/ | 2022-04-11T14:41:48Z |
THE WOODLANDS, Texas, June 6, 2022 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that it will attend and present at the Stifel 2022 Cross Sector Insight Conference on Tuesday, June 7, 2022, and the Bank of America Securities Credit Conference on Thursday, June 9, 2022.
Presentation Details
These events will be broadcast live via webcast. A link to the webcasts will be available through the Investors section of Target Hospitality's website at www.TargetHospitality.com.
A replay of the presentations will be available through the Investors section of Target Hospitality's website for a limited time.
Target Hospitality is one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services in the United States. Target builds, owns and operates a customized and growing network of communities for a range of end users through a full suite of value-added solutions including premium food service management, concierge, laundry, logistics, security and recreational facilities services.
Investor Contact
Mark Schuck
(832) 702 – 8009
ir@targethospitality.com
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SOURCE Target Hospitality | https://www.wibw.com/prnewswire/2022/06/06/target-hospitality-announces-june-2022-conference-attendance-presentation-schedule/ | 2022-06-06T12:10:42Z |
The fintech allows customers to make cash offers while working with their preferred real estate professional.
COLUMBUS, Ohio, June 14, 2022 /PRNewswire/ -- Amidst a growing number of cash offer products, Lower.com, the multi-channel fintech aimed at creating wealth through homeownership, is launching MortgagePass™ to help customers get their dream home with that it refers to as the ultimate cash offer, while continuing to work with their preferred real estate professional.
"We recognize the immense value real estate agents bring to this transaction. All too often, customers are forced to unhook from their agents or pay an additional fee to retain their agents in order to offer cash on a home," said co-founder and CEO Dan Snyder. "We want our customers to benefit from the expertise of their local agents while also gaining the competitive advantage of offering cash, as nearly a third of purchases are cash offers."
Through the program, customers will be pre-approved for a mortgage through Lower.com. Then, they can shop for a home and place an offer that is backed by cash. They will continue to finance as normal, and if it gets delayed, Lower.com will purchase the house in cash. Once financing is complete, Lower.com will sell the home to the buyer for the original purchase price.
Customers who use MortgagePass™ also have access to a simple application and tech platform, low fees, and the ability to choose their own loan term, in addition to their own agent. They'll also get access to extended rate locks and if rates drop, they'll be lowered for free.
"Giving customers a smooth experience with more certainty is our top priority. We want them to feel at ease during the process and focus on finding the right house, not on financing," said Snyder. "We also want them to know that if the market changes, they'll still get the best deal and won't miss out on lower rates."
MortgagePass™ is launching in Columbus with plans to quickly expand throughout 2022.
Lower's multi-channel fintech platform helps consumers build wealth through homeownership, no matter where they are in their life's journey. Our products for mortgage, banking, insurance, and real estate provide customers with an intuitive ecosystem to simplify their homeownership goals, whether it's their first home or their last. Lower is a national and local best place to work, and the naming rights partner of Lower.com Field, home of the Columbus Crew.
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SOURCE Lower | https://www.mysuncoast.com/prnewswire/2022/06/14/lowercom-creates-mortgagepass-help-customers-real-estate-agents-win/ | 2022-06-14T15:07:44Z |
Santander Consumer will donate 30 vehicles over four years to help more people get to work
DALLAS and TAMPA, Fla., April 18, 2022 /PRNewswire/ -- Santander Consumer USA Inc. ("Santander Consumer" and "Santander") today announced a four-year commitment to donate two used vehicles every quarter to Tampa-based Wheels of Success Inc. ("Wheels of Success"). Wheels of Success helps families obtain, and sustain, work by providing them with reliable personal transportation. Santander Consumer will donate a total of 30 vehicles through December 2025, valued at approximately $600,000.00.
Wheels of Success not only supplies its clients with transportation, but also supports families who can't afford repairs by providing them with preventative maintenance and car-care classes. Clients receiving vehicles buy them from Wheels of Success, making monthly payments based on the client's ability to pay. In addition, clients are required to provide service hours to the organization, which – coupled with the cash repayments - helps Wheels of Success serve other families.
"The Tampa Bay area is home to a category of working-class men and women who earn too much money to be eligible for government-assisted transportation programs, but not enough to buy and/or maintain a vehicle," said Susan Jacobs, Founder and CEO of Wheels of Success. "We offer resources that give people the ability to provide for their families and maintain their independence."
In addition to the cars donated by Santander, the Santander Consumer Foundation granted Wheels of Success $50,000.00 in 2021 to support facilitation of transportation opportunities and vehicle ownership during the pandemic. The partnership's growth speaks to the value that Wheels of Success provides and aligns with Santander Consumer's goal of taking an active role in helping people and businesses prosper by supporting sustainable programs that drive positive change in communities.
"Santander Consumer is a proud member of the Tampa community. We want to help remove barriers to transportation, which are often barriers to employment," said Dr. Virnitia Hendricks, Chief Diversity Officer for Santander US and Wheels of Success Board Member. "Our hope is that Santander's support of Wheels of Success provides a measure of stability for Wheels of Success' programs over the coming years, removing mobility challenges for many who are underserved and vulnerable within our community."
About Santander Consumer USA Inc.
Santander Consumer USA Inc., headquartered in Dallas, Texas, is a full-service consumer finance company focused on vehicle finance, third-party servicing and delivering superior service to our more than three million customers across the full credit spectrum. Santander Consumer, which began originating retail installment contracts in 1997, had an average managed asset portfolio of approximately $64 billion (for the fourth quarter ended December 31, 2021). The company is a wholly owned subsidiary of Santander Holdings USA Inc., and is part of Madrid, Spain-based global banking leader Banco Santander. For more information about Santander Consumer, please visit www.santanderconsumerusa.com.
About Wheels of Success
Going into its 20th year, Wheels of Success provides reliable transportation to keep working people working through vehicle presentation, car repairs or car related services such a tag and title and insurance. In doing so, Wheels of Success enables its recipients to have reliable transportation to get to work, keep their jobs, advance in their careers, and maintain their independence and self-sufficiency. Wheels of Success keeps working families working.
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SOURCE Santander Consumer USA Holdings Inc. | https://www.wibw.com/prnewswire/2022/04/18/santander-consumer-usa-partners-with-wheels-success-provide-vehicles-individuals-need/ | 2022-04-19T03:11:55Z |
The addition is emblematic of a growing recognition in U.S. healthcare of the critical role language barriers play in perpetuating health inequity
WASHINGTON, Aug. 9, 2022 /PRNewswire/ -- Jeenie, a modern interpreting platform poised to transform the $60B Language Services Industry, announced today the addition of Peter Fine, President and CEO of Banner Health, to its Board of Directors. Mr. Fine brings over four decades of experience and expertise in the healthcare industry to the Jeenie team, including the last 22 years at the helm of Banner, one of the largest secular healthcare systems in the country, operating 30+ hospitals, employing over 50,000 people, and providing critical healthcare services across six states.
"Mr. Fine's leadership, vision, and deep expertise in U.S. healthcare is a powerful addition to Jeenie's growing Board of Directors, and will prove pivotal to our ability to further penetrate this market," said Kirsten Brecht Baker, CEO and Co-Founder of Jeenie. "Peter shares our vision for eliminating language barriers in order to increase equitable access to quality healthcare for all, especially the most vulnerable among us."
The addition of Mr. Fine to the Board signifies critical recognition by thought leaders in U.S. healthcare of the growing need to focus on the underlying issues causing health inequity and how to address them in the short and long term. It also represents an industry-wide movement to empower patients to participate more actively and holistically in their health, including those with Limited English Proficiency (LEP) and those who are deaf.
"I accepted the invitation to join the Jeenie Board because of the quality and experience of the management team, the sophistication and knowledge of their financial supporters, and the highly differentiated products and services they have developed for the customer," said Mr. Fine. "As Jeenie has only begun to tap into the broad array of markets that could get great value from their game changing product, significant growth and scale up is sure to follow."
As the U.S. population continues to diversify, and as the country continues to face new and evolving public health challenges, Jeenie's versatile, device-agnostic platform offers the healthcare system a uniquely simple and elegant way to eliminate the language barriers that cause serious consequences for patients, providers, payors, and administrators, redefining the way language services are delivered in U.S. healthcare.
Jeenie is a virtual interpreting platform that connects users to a video or audio call with live, qualified interpreters for on-demand language assistance, 24/7. Jeenie is available in over 300 languages on any smartphone, tablet or computer, as well as for call centers and through third-party integrations. Jeenie was named one of Fast Company's Most Innovative Companies in 2022.
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SOURCE Jeenie | https://www.wibw.com/prnewswire/2022/08/09/banner-health-ceo-joins-jeenies-board-directors-spotlighting-momentum-this-industry-transforming-interpreting-platform/ | 2022-08-09T12:47:54Z |
LOS ANGELES, June 13, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against First High-School Education Group Co., Ltd. ("FHS" or the "Company") (NYSE: FHS).
Class Period: March 2021 IPO
Lead Plaintiff Deadline: July 11, 2021
If you are a shareholder who suffered a loss, click here to participate.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that the new rules, regulations, and policies to be implemented by the Chinese government following the Two Sessions parliamentary meetings were far more severe than represented to investors and posed a material adverse threat to First High-School Education and its business; (2) that contemplated Chinese regulations and rules regarding private education were leading to a slowdown of government approval to open new educational facilities which would have a negative effect on First High-School Education's enrollment and growth; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE The Law Offices of Frank R. Cruz, Los Angeles | https://www.kxii.com/prnewswire/2022/06/13/fhs-investors-have-opportunity-lead-first-high-school-education-group-co-ltd-securities-fraud-lawsuit/ | 2022-06-13T15:28:14Z |
WASHINGTON, June 23, 2022 /PRNewswire/ -- NASA will air live launch coverage of the agency's Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (CAPSTONE), the first spacecraft to fly a specific unique lunar orbit ahead of future missions with crew.
CAPSTONE is targeted to launch no earlier than Monday, June 27, aboard a Rocket Lab Electron rocket from the company's Launch Complex 1 in Mahia, New Zealand. The instantaneous launch opportunity is at 6 a.m. EDT (10:00 UTC). Live coverage will begin at 5 a.m. on NASA Television, the agency's website, and the NASA app.
The destination for this microwave oven-size CubeSat is a near rectilinear halo orbit (NRHO). That same orbit is planned for Gateway, a multipurpose outpost for long-term lunar missions as part of the agency's Artemis program.
Six days after launch, the Photon upper stage will release CAPSTONE into space for the first portion of the spacecraft's solo flight. After a four-month journey to the Moon, CAPSTONE will test the dynamics of the NRHO for at least six months, helping reduce risk for future spacecraft. CAPSTONE will also demonstrate innovative spacecraft-to-spacecraft navigation technology and one-way ranging capabilities that could help future spacecraft fly near the Moon with reduced need for communication with Earth.
Join Virtual NASA Social
Members of the public are invited to join the virtual NASA Social to get a behind-the scenes look at CAPSTONE, learn what makes CAPSTONE unique among NASA's missions, meet the rocket launching CAPSTONE, and more.
You can follow CAPSTONE's journey live using NASA's Eyes on the Solar System interactive real-time 3D data visualization. Starting about one week after launch, you can virtually ride along with the CubeSat with a simulated solar system view. NASA will post updates in the visualization on the agency's Ames Research Center home page as well as Twitter and Facebook.
CAPSTONE is commercially owned and operated by Advanced Space in Westminster, Colorado, on behalf of NASA. It represents an innovative collaboration between NASA and industry to provide rapid results and feedback to inform future exploration and science missions. Tyvak Nano-Satellite Systems, a Terran Orbital Corporation, of Irvine, California, built the spacecraft. The mission also includes contributions from Stellar Exploration Inc., Space Dynamics Lab, Tethers Unlimited Inc., and Orion Space Systems.
NASA's Small Spacecraft Technology program within the agency's Space Technology Mission Directorate (STMD) funds the demonstration mission. The program is based at NASA's Ames Research Center in California's Silicon Valley. The development of CAPSTONE's navigation technology is supported by NASA's Small Business Innovation Research and Small Business Technology Transfer (SBIR/STTR) program, also within STMD. The Artemis Campaign Development Division within NASA's Exploration Systems Development Mission Directorate funds the launch and supports mission operations. The Launch Services Program at NASA's Kennedy Space Center in Florida manages the launch service. NASA's Jet Propulsion Laboratory in Southern California supports the communication, tracking, and telemetry downlink via NASA's Deep Space Network, Iris radio design, and groundbreaking one-way navigation algorithms.
For more information about CAPSTONE, visit:
Stay connected with the mission on social media:
- Twitter: @NASA, @NASAAmes, @NASA_Technology, @NASAArtemis, @NASA_LSP
- Facebook: NASA, NASA Ames, NASA Technology, NASA Artemis, NASA's Launch Services Program
- Instagram: NASA, NASA Ames, NASA Artemis
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SOURCE NASA | https://www.wibw.com/prnewswire/2022/06/23/nasa-sets-live-launch-coverage-capstone-mission-moon/ | 2022-06-23T20:58:10Z |
RICOH WG-80 features a new exterior design, built-in macro lighting and enhanced functionality to make capturing images and video of outdoor adventures and industrial job sites effortless
PARSIPPANY, N.J., May 18, 2022 /PRNewswire/ -- Ricoh Imaging Americas Corporation today announced the RICOH WG-80, a durable, lightweight and waterproof compact digital camera that produces super-high-resolution photos and high-definition (HD) video and is optimized for use in rugged conditions. Equipped with a 5x optical zoom lens providing coverage from 5mm to 25mm (equivalent to approximately 28mm to 140mm in the 35mm format) and a large, outdoor-friendly wide-frame LCD monitor, the new camera makes it easy to capture photos and video of adventures on land, under the sea or in the challenging environment of an industrial job site.
The RICOH WG-80 features its own built-in ring light with adjustable illumination levels. Six LED macro lights positioned around the circumference of the lens barrel provide twice the illumination intensity of its predecessor, the WG-70, making the camera ideal for low-light and macro photography, enabling extreme close-ups of coral while snorkeling as well as detailed shots of small parts and components on job sites. The ring light can also be activated for taking selfies with the help of a self-portrait assist mode.
For underwater photos and videos, the RICOH WG-80's enhanced underwater modes deliver sharp, true-to-life imagery by enhancing shades of red which are typically lost in underwater photography, while effectively compensating for the loss of contrast caused by the diffusion of light in water. The camera is waterproof to a depth of 46 feet (14 meters) for up to two hours of continuous operation.
The RICOH WG-80 is equipped with a back-illuminated CMOS image sensor with approximately 16 effective megapixels and a high-performance imaging engine, delivering super-high-resolution still images and HD video clips. It features triple anti-shake protection to prevent blurred images and videos in all applications.
The rugged construction of the RICOH WG-80 makes it ideal for capturing images and video in challenging conditions of all kinds. It is shockproof against a fall from a height of five feet (1.6 meters) and freeze-proof in temperatures as low as 14°F (-10°C). It also comes equipped with an outdoor-friendly LCD monitor with a brightness level that can be instantly adjusted to the lighting level of a shooting situation.
| Pricing and Availability |
Available in black or orange, the RICOH WG-80 will be available mid-June 2022 at www.us.ricoh-imaging.com as well as at Ricoh Imaging-authorized retail outlets nationwide for a manufacturer's suggested retail price of $329.95.
| Main Features of the RICOH WG-80 |
- Heavy-duty construction assuring underwater shooting down to 14 meters (46 feet), for up to two hours
The solid, airtight body of the WG-80 is not only waterproof down to a depth of 14 meters (46 feet) for up to two hours of continuous operation (equivalent to IPX 8 or JIS Class 8), but is also shockproof against falls from a height of 1.6 meters (five feet),* dustproof (equivalent to IPX 6 or JIS Class 6), freeze-proof to temperatures as low as -10°C, and crushproof against weights up to 100kgf (kilogram force). ** Thanks to this heavy-duty construction, the camera performs superbly and dependably even in harsh, demanding outdoor conditions.
* Measured under RICOH IMAGING-original testing standards — from a height of 1.6 meters, onto a surface of 5cm-thick plywood — conforming to Method 516.5-Shock of the MIL-Standard 810F.
** Measured under RICOH IMAGING-original testing standards. - Exceptional image quality
The WG-80 comes equipped with a back-illuminated CMOS image sensor, which assures excellent high-sensitivity and low-noise characteristics and high-speed readout of image data signals. Coupled with a high-performance imaging engine, this image sensor delivers a top sensitivity of ISO 6400 and super-high-resolution images with approximately 16 effective megapixels. This model also provides advanced image processing functions, made possible by the latest super-resolution technology, to assure sharp, clear, high-resolution images. It even offers such innovative features as Handheld Night Snap mode, which automatically captures several images of the same nighttime scene and produces a single, blur-free composite image from them. - Six Macro Lights to assist close-up shooting, with various functions
Ideally positioned around the circumference of the lens barrel for macro shooting, six LED Macro Lights allow the WG-80 to provide bright, uniform illumination on a subject when the Digital Microscope mode is selected. Providing the maximum illumination intensity almost twice that of its predecessor and a five-step intensity adjustment function, this six-light unit enables the photographer to effortlessly optimize the close-range flash photography based on the subject or creative intention. In order to minimize camera shake and subject shake, the Instant Illumination Enhance function allows for the use of a higher shutter speed by automatically raising the discharge level of the Macro Lights at the moment of shutter release. The Macro Lights also provide other useful functions, such as a Self-Portrait Assist mode, which uses the blink of an LED lamp to check if the subject's face has been safely captured within the picture frame, and the LED Lighting mode, which uses the Macro Lights as a lighting device in the dark. - Underwater shooting mode
Specifically designed for underwater photography, the Underwater and Underwater Movie shooting modes are programmed to optimize color and contrast, based on the data of images captured under the water. These modes deliver sharp, true-to-life images by enhancing shades of red which are lost in underwater photography, while effectively compensating for the loss of contrast caused by the diffusion of light in water. In the Underwater mode, the Flash Off + Flash On option allows the user to consecutively capture two images with a single shutter release — one without flash and another with flash. - 5X optical zoom lens with a 28mm wide-angle coverage
The WG-80 features a high-performance, 5x optical zoom lens with a focal-length coverage from 5mm to 25mm (equivalent to approx. 28mm to 140mm in the 35mm format) to accommodate a wide range of scenes and subjects, including sweeping landscapes. It also provides other convenient shooting functions, such as a macro mode to capture dramatic close-up images from a minimum focusing distance of one centimeter; an Intelligent Zoom function to extend the zoom range to approximately 36 times (equivalent to 1008mm in the 35mm format) without compromising image quality, for superior telephoto photography; and an interval shooting mode, which comes in handy for fixed-point observation. - Full HD movie recording for extended shooting of high-quality movies
The WG-80 provides Full HD movie recording employing the H.264 recording format. Users can capture high-quality, extended movie clips (1920 x 1080 pixels, 16:9 proportions) at a frame rate of 30 frames per second. To add some creative touches to movie recording, it also features a high-speed camera function*** for slow-motion playback of captured movie clips, and an interval movie function. A micro-HDMI terminal (Type D) is also provided on the camera body for simultaneous output of Full HD movie clips and sound to external audio-visual devices.
*** When this function is selected, the recorded size is fixed at 1280 x 720 pixels. - Triple anti-shake protection to prevent blurred images in all applications
(1) Pixel Track SR mechanism
When recording still images, this advanced shake-reduction mechanism effectively compensates for camera shake by digitally processing affected images.
(2) Digital SR mode
When the camera detects low-lighting conditions in still-image shooting, this mode automatically raises the sensitivity up to as high as ISO 6400, making it possible to use a higher shutter speed and effectively minimize the adverse effect of camera shake and subject shake when dealing with poor lighting conditions.
(3) Movie SR mode
During movie recording, this mode effectively compensates for the misalignment of images caused by camera shake through the use of exclusive software to produce beautiful, blur-free movie clips. - 2.7-inch LCD monitor with the Outdoor View Setting mode
The WG-80 comes equipped with a 2.7-inch LCD monitor with horizontally extended 16:9 proportions and approximately 230,000 dots. The monitor's AR (Anti-Reflection) coating minimizes annoying glare and reflections to assure a sharp, clear on-screen image even in the harsh sunshine often encountered during outdoor shooting. It also comes equipped with such convenient features as: the Outdoor View Setting mode, which easily sets the optimum monitor brightness level for a given lighting condition. - Other features
・Two remote control receptors (one in front and another in the back) to widen signal coverage
・Macro stand (included) to maintain a minimum focusing distance of one centimeter to the subject during extended observation and shooting of macro images
・High-speed Face Detection function to capture as many as 32 faces in focus in approximately 0.03 seconds (minimum); Smile Capture function to automatically release the shutter when the subject's smile is detected
・Outdoor-friendly Style Watch function to display the time on the LCD monitor, using an extended push of the OK button when the camera's power is turned off
・Delay-free, pushbutton start of the playback mode, using an extended push of the playback button
・Auto Picture mode to automatically select the most appropriate shooting mode from 16 different scene modes
・A choice of 12 digital filters
♦ All other brands or product names mentioned herein are trademarks or registered trademarks of their respective companies.
♦ Designs and specifications are subjects to change without notice.
| About Ricoh Imaging Americas Corporation |
Ricoh Imaging Americas Corporation is a subsidiary of Ricoh Company, Ltd. Ricoh is empowering digital workplaces using innovative technologies and services enabling individuals to work smarter. For more than 85 years, Ricoh has been driving innovation and is a leading provider of document management solutions, IT services, commercial and industrial printing, digital cameras, and industrial systems. Headquartered in Tokyo, Ricoh operates in approximately 200 countries and regions.
Asahi Optical Joint Stock Co. was founded in 1919 and launched its first SLR camera in the 1950s under the PENTAX name. Over 100 years later, now as part of the Ricoh Group, Ricoh Imaging continues to produce the heritage-rich, award-winning PENTAX line of DSLR cameras, lenses and sport optics equipment. Ricoh's offering of stylish and compact digital cameras are known for their wide-ranging, unique set of features.
For further information, please visit www.us.ricoh-imaging.com
© 2022 RICOH COMPANY, LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.
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SOURCE Ricoh Imaging Americas Corporation | https://www.mysuncoast.com/prnewswire/2022/05/18/ricoh-announces-rugged-waterproof-wg-series-digital-compact-camera-underwater-outdoor-industrial-photography/ | 2022-05-18T22:39:17Z |
STOCKHOLM, July 4, 2022 /PRNewswire/ -- Global iGaming hosting services provider Internet Vikings has appointed Rickard Vikström as the company's new Chief Executive Officer. As of July 1, 2022 the award winning hosting provider will continue its journey towards further global expansion under new leadership.
Rickard has over 20 years of experience in the hosting industry and is one of Internet Vikings' founders. Rickard takes on his new responsibilities having established a number of successful businesses throughout his 15-year entrepreneurial career. He is also an active board member of several other companies.
"I am convinced that I could not be leaving the company in more capable hands", Peter Ekmark, former Internet VIkings' CEO, expressed his support. "Rickard possesses all the right skills to take the Vikings to the next level, becoming the best hosting provider for the iGaming and sports betting industry. His appointment will further boost the company's growth strategy as it continues to deliver the best hosting experience"
Internet Vikings is currently undergoing unprecedented international growth with a special focus on the North American region which will remain the priority for the foreseeable future.
Rickard Vikstöm expressed his thrill: "I look forward to this exciting journey leading to new achievements. Currently, Internet Vikings is one of the fastest growing B2B companies in the sector, and I intend to keep this pace. I would like to thank my predecessor, Peter, for all the amazing work he has done with the company's transition over the past 3 years. We truly appreciate his input. Peter will continue to contribute to Internet VIkings' global mission by joining the board of directors"
CONTACT:
Rickard Vikström, CEO
+46 734 40 51 82
rv@internetvikings.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Internet Vikings International AB | https://www.mysuncoast.com/prnewswire/2022/07/04/internet-vikings-are-transitioning-next-chapter-under-new-management/ | 2022-07-04T12:59:54Z |
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Gatos Silver, Inc. (NYSE: GATO).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/gatos-silver-inc-loss-submission-form/?id=25679&from=4
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Gatos: (a) common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 28, 2020; and/or (b) securities between October 28, 2020 and January 25, 2022, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 25, 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, Gatos Silver, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) the technical report for Gatos's primary mine, the Cerro Los Gatos deposit, contained certain errors; (2) among other things, the mineral reserves had been overestimated by as much as 50%; and (3) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/04/08/gato-shareholder-alert-jakubowitz-law-reminds-gatos-shareholders-lead-plaintiff-deadline-april-25-2022/ | 2022-04-08T11:46:29Z |
They join thousands of donors around the world who gave blood, saved lives and attempt to beat a world record.
NEW YORK, Aug. 28, 2022 /PRNewswire/ -- Thousands of volunteers have taken part in #GlobalBloodHeroes Day on 27 August 2022 in order to save 150,000 lives. Together they aim to beat the world record for blood donations in one calendar day.
Globally countries are struggling with a shortage of blood. To tackle this challenge, the #GlobalBloodHeroes campaign was initiated by Who is Hussain, a community service organization focused on social justice.
Many of the world's leading health and blood donor organisations have partnered with Who is Hussain. These include the Red Cross in several countries, Naryana Health in India, the National Health Service (UK), Vitalant (U.S.A) and Etablissement français du sang (EFS) in France.
Donations began in New Zealand and concluded in the U.S. It took in 250 locations, 20 countries and six continents.
This campaign aims to be an international bid to break the world record of the most blood donations in a single day. The current record stands at 33,000.
The world record will be confirmed by Official World Records, a leading verification body recognised by the Council of Notariats of the European Union. They will authenticate after blood donor organisations confirm how many #GlobalBloodHeroes took part in their respective countries.
Ultimately, with so many taking part on Global Blood Heroes Day, lives have been saved. Just one blood donation can help save three lives.
Muntazir Rai, Director of Who is Hussain said: "Thousands of people around the world responded to the call to be a Global Blood Hero and save lives and beat a world record. Who is Hussain was established to emulate the brave and compassionate legacy of Hussain ibn Ali, the grandson of the Prophet Muhammad. On Global Blood Heroes Day, that compassion was clearly demonstrated from all faiths and none. Giving blood donation is a universal act that unites people around the world."
Find out more: blood.whoishussain.org
Photo - https://mma.prnewswire.com/media/1886508/Who_is_Hussain.jpg
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SOURCE Who is Hussain | https://www.mysuncoast.com/prnewswire/2022/08/28/thousands-come-forward-global-blood-heroes-day-effort-break-world-record-save-lives/ | 2022-08-29T05:56:20Z |
NEW YORK, Sept. 2, 2022 /PRNewswire/ -- New York-based healthcare enablement company Brighton Health Plan Solutions has been named a 2022 Top Workplace in Long Island by Schneps Media, the Long Island Press and Dan's Papers. The annual list recognizes "energized" organizations—those that have at least double the average U.S. employee engagement level—based solely on the results of anonymous employee surveys.
Brighton, which has 310 employees working on Long Island, helps self-funded employer groups, their members and their healthcare providers realize more value in employer-sponsored benefits by offering unprecedented flexibility and customization in its third-party administration of workplace benefits, innovative provider networks, casualty solutions, and integrated technology platform. In the survey, employees gave the company high scores for teamwork, company leadership, culture and the ability for individual employees to have a positive impact on the lives of members while also working to bring needed change to the health care industry.
"Because our employees represent the public face of our organization, we spend a great deal of time and effort to understand what motivates them to give their best at work and in the community," said Jim Cusumano, chief executive officer at Brighton. "Knowing our teams are responsible for this recognition as a Top Workplace provides confirmation that our efforts are yielding positive momentum and will fuel our efforts to continue engaging with and supporting employees in ways they find meaningful."
Brighton employees also cited the company's innovative and progressive benefits package, its dedication to providing employees time to give back to the community, and its drive to make the company more inclusive. Its diversity, equity and inclusion team, made up of employee volunteers, has implemented multiple programs in the past few years focused on building inclusivity.
"DEI is the future of the workplace because it's all about creating an inclusive workforce where people can be their authentic selves," said Julie Bank, Brighton's chief people officer. "If employees can't be their authentic selves at work, they won't be successful, and we won't be successful as a company."
Brighton's generous benefits package includes health, dental and vision coverage, flexible spending accounts, transportation benefits and a 401(k) plan that matches up to 5.25% of employer contributions. Employees also receive company-paid life insurance, accidental death and dismemberment and long-term disability insurance. The company offers flexibility and remote work options for the majority of employees, and its rewards program enables managers and colleagues to recognize team members for strong performance.
The company's charitable giving program matches employee donations to the United Way dollar for dollar, and all team members who participate earn an additional PTO day. Brighton also provides each employee with a day off to volunteer at United Way partner organizations such as the Hagedorn Little Village School for children with autism and Habitat for Humanity.
About Brighton Health Plan Solutions
Brighton Health Plan Solutions (Brighton) is an innovative healthcare enablement company based in New York City on a mission to improve how healthcare is accessed and delivered in the self-funded health plan market. We believe extraordinary things happen when everyone works together – health systems, providers, carriers and TPAs, self-insured plan sponsors, and members alike. Brighton goes beyond other TPAs to offer unprecedented flexibility and customization in our proprietary networks, administrative services, casualty solutions, and integrated digital tools. Together with our trusted partners, we are transforming the health plan experience with the promise of turning today's challenges into tomorrow's solutions. For more information on Brighton, visit BrightonHPS.com.
Media Contact:
Erin George
erin@lovell.com
615-946-9914
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SOURCE Brighton Health Plan Solutions | https://www.kxii.com/prnewswire/2022/09/02/brighton-health-plan-solutions-named-top-workplace-long-island/ | 2022-09-02T14:27:19Z |
- Habanos, S.A., through its distributor Phoenicia T.A.A. Cyprus, presented the new Cohiba 55 Aniversario Edición Limitada (57 ring gauge x 150 mm length) on the occasion of the brand's anniversary.
- The presentation took place within the distribution area of Phoenicia T.A.A. Cyprus and was held in a hybrid format with face-to-face events in 9 countries.
LA HABANA, May 19, 2022 /PRNewswire/ -- Habanos, S.A., through its distributor Phoenicia T.A.A. Cyprus, presented the world premiere of the new Cohiba 55 Aniversario Edición Limitada (57 ring gauge x 150 mm length). With this vitola commemorates the 55th anniversary of Cohiba, the world's most prestigious brand.
The presentation took place within the distribution area of Phoenicia T.A.A. Cyprus and was held in a hybrid format with on-site events in 9 countries (Cyprus, Greece, Iraq, Ivory Coast, Jordan, Kuwait, Lebanon, Saudi Arabia and Nigeria ), and virtually for all those aficionados around the world who wanted to experience the launch live.
More than 2,000 users registered on the www.cohiba55.com platform to experience the launch first-hand, and around 1,000 guests attended the in-person events, being the first ones to taste this exclusive Cohiba Edición Limitada.
Mr. Ernesto González, Operational Marketing Director of Habanos, S.A., who travelled to Limassol, Cyprus, to experience first-hand one of the on-site events organised, stated: "It is a pleasure to be here to celebrate the anniversary of the most prestigious brand in the Premium Cigars world. During these 55 years, we have developed under the Cohiba brand a portfolio that is meticulous in every detail, designed for the most demanding aficionados and, in addition, Cohiba has led the innovation and development of special products that are introduced to the market with a very limited and exclusive character". According to Mohammed Zeidan, President of Phoenicia Trading, "Cohiba is tradition, is culture, is history, is Cuba".
As a novelty of the evening , Mr Walid Saleh, CEO of Phenicia T.A.A Cyprus, presented the launch of the Cohiba "Premier" Edition, which comprises the first batch of the Cohiba 55 Edición Limitada-Limited Edition, in luxury cases, numbered from the 1 to 10,000, containing 5 of these exclusive Habanos. In addition, this production includes a unique ring that mentions the name "Premier", and will be sold exclusively within the distributor's territory.
Mr. Luis Sánchez-Harguindey Pardo de Vera and Inocente Núñez, Co-Presidents of Habanos, S.A., highlighted that "Cohiba has always set trends- not only within our portfolio but also in the premium cigar sector worldwide. It is worth noting that 55 years have taken a lot of perseverance and hard work to make Cohiba, what it is today. Cohiba is a word that translates in everyone's mind as the best Habano in the world. It is tradition, culture, organoleptic characteristics and unmistakable and unquestionable fame".
Cohiba 55 Aniversario Edición Limitada will arrive to markets around the world in a wooden box with 10 magnificent Habanos inside. In addition, this Edición Limitada incorporates a foot ring for the first time with the highest quality standards, giving it a touch of distinction for its anniversary, and highlighting the personality that this Habano contains within itself.
This Habano has been produced under a careful selection of wrapper, filler and binder leaves, harvested by the best producers of the Vuelta Abajo*, zone in Pinar del Río*, Cuba*. Cohiba, uniquely amongst Habanos up to three of Cohiba's filler leaves (seco and ligero) undergo an additional fermentation in barrels. This special treatment gives Cohiba an unmistakable aroma and flavour that cannot be found in any other brandCohiba is the most prestigious brand in the tobacco world, the elite of Habanos and, at 55 years it is still a brand in continuous renewal and innovation, always desired and attractive to current and future aficionados.
Phoenicia T.A.A (Cyprus)
Phoenicia T.A.A (Cyprus) Ltd, based in Limmassol, Cyprus, exclusive distributor of Habanos, S.A, for Egypt, Continental Africa (except Algeria, Morocco and South Africa), Malta, Greece, Turkey, Ukraine, Cyprus, Lebanon, Syria, Jordan, Iraq, Kuwait, Saudi Arabia, Bahrain, Qatar, United Arab Emirates, Oman, Iran, Afghanistan and Pakistan.
Tasting notes
Cohiba 55 Aniversario Edición Limitada
Dimensions: 57 ring gauge x 150 mm in length
- Factory name: Victoria
- An excellent looking Habano with a dark and shiny brown wrapper
- Excellent smoke and combustion.
- Medium to full strength.
- Smoked for about 50 minutes.
- Suggested pairing. Rum Extra Añejo 25 years.
* Protected Appellations of Origin
Photo - https://mma.prnewswire.com/media/1821590/Habanos_Cohiba_55.jpg
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SOURCE Habanos S.A | https://www.kxii.com/prnewswire/2022/05/19/habanos-sa-presented-cohiba-55-aniversario-edicin-limitada-worldwide/ | 2022-05-19T15:40:20Z |
Leading Carpet and Upholstery Cleaning Franchise Turns 45-Years-Young – Signals New Era of Growth & Innovation
NASHVILLE, Tenn., June 21, 2022 /PRNewswire/ -- Carpet and upholstery cleaning franchise leader Chem-Dry celebrates its 45th anniversary. With a long-standing history of success, Chem-Dry has grown from humble beginnings to serving more than 11,000 homes and business each day across 55 countries, solidifying itself as a category leader and the Healthy Home Authority®.
This mega industry milestone signals a new era of growth and innovation. With 23 signed agreements year-to-date, Chem-Dry has set a goal of adding 70 franchises by year-end as it continues to grow with strategic franchise partners.
"Few brands achieve this type of milestone, and we are humbled and proud to stand here 45-years strong – feeling younger and more invigorated than ever," said Ed Quinlan, President of Chem-Dry, part of the BELFOR Franchise Group family of brands. "The Chem-Dry legacy is about the opportunity that lies in entrepreneurship, innovation in cleaning technology, local relationships, and service excellence. These are the pillars that make Chem-Dry a truly remarkable brand that has stood the test of time. While we celebrate our beautiful history, we look to the future and the next 45-years ahead. We will continue to evolve, advance, and maintain industry leadership as we bring our healthy home services to more families worldwide."
With the $5 billion carpet cleaning industry expected to increase 1.5% in 2022, Chem-Dry is poised for a promising future. The brand's corporate leadership team continues to work tirelessly to keep franchisees ahead of the curve in providing innovative, personalized, high-quality care that delivers on their commitment to making spaces cleaner and healthier.
Franchisees of the Year, Leroy and Erin Hamp continue to grow their Chem-Dry territories while leveraging the tools and resources provided by the corporate office. "We've always been impressed by the support from the corporate office as well as the lessons learned and shared by fellow franchisees in the system," said Leroy Hamp. "Their generosity is one of the best things about Chem-Dry. It has certainly helped us achieve strong performance – seeing 37% increase in year-over-year growth," added Erin Hamp.
Since launching in 1977, Chem-Dry has become the recognized market leader by building a robust network of more than 2,600 franchises with owners who have played a strategic role in the brand's ongoing global growth and strong performance. To commemorate the 45th anniversary, each franchisee will receive a birthday party kit to celebrate this historic achievement in their local communities.
"It is an exciting time - we see a lot of opportunities to grow our brand even further, and with a 45-year history to lean on as a launch pad, the sky's the limit for what's to come," says Quinlan. "Everything we do is focused on making our customers happy and ensuring the success of our franchisees. Now, we have refined data and innovative systems to support our efforts to continually improve as we move into our next 45 years."
Chem-Dry creates cleaner, healthier indoor environments with its proprietary equipment and solutions for carpet, upholstery, granite countertops and hard floor surfaces, such as wood, tile and laminates. In further testing of its processes, a study conducted by a leading independent laboratory concluded that the Chem-Dry Hot Carbonating Extraction cleaning method removes an average of 98% of common household allergens, such as pet dander and dust mite matter, from carpets and upholstery. Chem-Dry has a national partnership with the Indoor Air Quality Association (IAQA), working to raise awareness and provide education on the importance of indoor air quality in maintaining the health and safety of homes and businesses.
To meet the growing demand for its innovative services, the company is actively seeking community-minded entrepreneurs to join the mission of delivering safer, healthier spaces across the globe. With territories available in prime markets nationwide, Chem-Dry is an industry-leading brand in a large and growing category, that offers its franchise network world-class training and support.
For more information about the franchise opportunity, call 877-450-4874 or visit chemdryfranchise.com
About Chem-Dry
Founded in 1977, Chem-Dry is the world's leading carpet and upholstery cleaning service with a network spanning 55 countries and serving over 11,000 homes and businesses a day worldwide. Its eco-friendly core cleaning solution and proprietary Hot Carbonating Extraction cleaning process provide a deeper clean, allow surfaces to dry faster, and leave homes and workplaces healthier. In addition to being ranked one of the top three maintenance franchises by Entrepreneur magazine in 2021, and ranked among the top 10 concepts in the magazine's list of Top Home-Based Franchises for 20 consecutive years, Chem-Dry was ranked #39 in the 2020 Top Global Franchises category. Additionally, for the second year in a row, Chem-Dry won the Global Franchise Award for Best Property Maintenance Franchise in 2022, validating the premier status of the brand. It recognizes Chem-Dry for what it does best, which is supporting its franchisees while also making homes and workplaces cleaner, healthier and safer. Chem-Dry is part of the BELFOR Franchise Group family of residential and commercial services brands. For more information about Chem-Dry and to find a local operator, visit www.chemdry.com, or for more information on franchise opportunities, visit www.chemdryfranchise.com.
Media Contact: Kelly McNamara, KMcNamara@fishmanpr.com
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SOURCE Chem-Dry | https://www.wibw.com/prnewswire/2022/06/21/chem-dry-celebrates-45th-anniversary-mega-industry-milestone-solidifies-category-leadership/ | 2022-06-21T15:09:03Z |
PROVIDENCE, R.I. , July 18, 2022 /PRNewswire/ -- Nabsys, the pioneer in electronic whole-genome mapping, announced the appointment of Kevin DeGeeter as Chief Financial Officer.
"I am excited to welcome Kevin to the executive team," said Barrett Bready, MD, Nabsys Founder and CEO. "Kevin's deep understanding of the genomics space, as well as his reputation among investors and operators as an important source of tools and diagnostics knowledge and analysis, will be important assets."
Kevin DeGeeter has over two decades of buy- and sell-side equity research experience evaluating life science tools and biotechnology companies. He joins Nabsys from Oppenheimer & Co Inc. where he served as Managing Director and Senior Equity Research Analyst for Diagnostics & Biotechnology. Previously he worked at J.P Morgan, Paine Webber, Ladenburg Thalmann and Manning & Napier Advisors.
Michael Margolis, Head of Oppenheimer's leading Life Science Investment Banking practice, commented "We are looking forward to engaging with Kevin in his new role at Nabsys as we continue to focus on this very important segment of the Life Science space. Investor interest in Tools and Diagnostics is growing rapidly as recognition for the important innovations that are being made continue to enhance the potential for lifesaving diagnostics and treatments."
John Parks, Director of Research for Oppenheimer commented, "Over his six years as a core member of Oppenheimer's highly regarded Life Science / Biotechnology research team, Kevin has been a strong advocate for deep and thorough coverage of the most important companies in Tools and Diagnostics. His expertise has been a valuable contribution to Oppenheimer's successful leadership in generating investor interest in the companies that lead research and development for this important area of life sciences."
"There remains important unmet need for new technologies to assess structural variants and other genomic analysis not served by short read sequencing," noted Kevin DeGeeter. "I believe electronic whole-genome mapping offers the promise of better resolution with lower cost than alternative modalities and look forward to supporting the Nabsys team and global strategic partners to bring electronic whole-genome mapping to researchers and eventually tapping the clinical diagnostics market."
The Nabsys mission is to advance the understanding of disease, increase diagnostic yield, and improve patient outcomes by enabling routine, accurate, cost-effective analysis of genomic structural variation (SV). In the past decade, scientists have determined that SVs account for the majority of human genomic variation. However, SV research has been limited due to relatively high cost, high computational burden, and inadequate performance of current tools. By employing electronic detection, Nabsys' whole-genome mapping solution, HD-Mapping™, can offer cost-effective hardware and consumables while delivering high-resolution single-molecule measurements. Located in Providence, RI, Nabsys employs a growing interdisciplinary group of dedicated scientists, engineers, and other professionals committed to the advancement of genomic analysis.
Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment banking services to high net-worth individuals, families, corporate executives, local governments, businesses and institutions.
Contact:
Nabsys
info@nabsys.com
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SOURCE Nabsys | https://www.mysuncoast.com/prnewswire/2022/07/18/kevin-degeeter-joins-nabsys-chief-financial-officer/ | 2022-07-18T14:46:32Z |
DURHAM, N.C. (AP) — Duke coach Mike Elko has been around college football long enough to know how the season’s opening month can shape the perception of a league’s strength.
That’s important in the weeks ahead for the Atlantic Coast Conference.
The league won — or survived, in some cases — its highest-profile nonconference matchups in Week 1, including Florida State’s wild win against LSU. That gives the ACC a shot in the month of September to strengthen its reputation, in hopes of returning to this year’s College Football Playoff while facing uncertainty about its long-term future in a football-driven landscape.
“We have to win football games,” said Elko, who left Texas A&M’s staff to take over at Duke this fall. “I mean, nobody’s shying away from that. It’s a competitive market, it’s a competitive landscape in college football.
“But we also are very quick to pull the panic button on things like this and overreact. We weren’t gone coming into the season. We certainly haven’t re-arrived after Week 1.”
This week’s schedule includes No. 17 Pittsburgh hosting No. 24 Tennessee and No. 23 Wake Forest visiting Vanderbilt — now with star quarterback Sam Hartman back in the fold — in games against the Southeastern Conference, while Virginia visits Illinois and Duke visits Northwestern in Big Ten matchups.
Next week, first-year Miami coach Mario Cristobal takes his 15th-ranked Hurricanes to No. 6 Texas A&M in another ACC-SEC pairing.
The ACC had a solid start last week. Reigning league champion Pitt beat West Virginia in a renewal of the “Backyard Brawl.” No. 18 North Carolina State and North Carolina posted road wins against instate teams that were bowl eligible last season from Group of Five leagues.
And then there was FSU, which blocked LSU’s tying extra point on the final play.
Pitt coach Pat Narduzzi said he generally focuses on his own team but texted Seminoles coach Mike Norvell after watching the FSU-LSU finish.
“Any time coaches have good wins, it’s good to see,” Narduzzi said. “It’s great for the conference, and I’m sure the commissioner is happy.”
Well, those wins — and opportunities ahead — certainly come at a critical time for ACC Commissioner Jim Phillips.
Locked in a TV contract with ESPN through 2036, Phillips is working to find ways to generate more revenue as the ACC falls further behind the Big Ten and SEC. The league’s most recent tax filing listed a record $578.3 million in total revenue while distributing an average of $36.1 million per school for the 2020-21 season, which included Notre Dame as a one-year full football member for scheduling purposes during the COVID-19 pandemic.
Yet the ACC’s totals are heavily outpaced by numbers coming out of the SEC ($833.4 million revenue, $54.6 million average payout) and the Big Ten ($679.8 million, $47.9 million). The gaps are increasing annually, too.
There’s one way that coaches can help: Win.
“You have that opportunity to fly the flag out of the conference, and you’ve got to do it,” ACC Network analyst and former Clemson offensive lineman Eric Mac Lain said, adding: “That’s how you flip the narrative. That’s how you get a product worth paying for.”
Yet the games are also just a starting point for North Carolina coach Mack Brown, who worked as an ESPN analyst after leaving Texas.
“I’ve always felt like even when I was in TV, that we make judgments on a conference too early,” he said. “There’s people that (say) because the Pac-12 lost a couple of games this weekend, they’re already out of the playoffs. And that’s not fair.”
Wake Forest coach Dave Clawson went a step further, pointing to postseason matchups as part of the same equation.
“I think we’ve got a lot of teams in our league that just need to have good years,” Clawson said. “It’s important to start out with some great wins. And I think it’s probably even more important that you finish with great wins. So these early nonconference games are opportunities, and then the bowl games seem to be what people remember.”
After September, the league must wait until November for its next measuring-stick matchups against other power conferences, with annual ACC-SEC instate rivalries Clemson-South Carolina, Louisville-Kentucky and Georgia Tech-Georgia. Winning now could put the league on stronger footing in eventually making a case for one of four College Football Playoff bids after missing the playoff for the first time in its history.
“This has always been a good league,” Clemson coach Dabo Swinney said. “This league has been in the playoffs as much as anybody, or more. And we’ve competed and won — Florida State’s won (the national title) and we’ve won it. It’s good to see guys have big wins like that in our league.”
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AP Sports Writers Will Graves in Pittsburgh; and Pete Iacobelli in Columbia, South Carolina; contributed to this report.
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Follow Aaron Beard on Twitter at https://twitter.com/aaronbeardap
___
More AP college football: https://apnews.com/hub/college-football and https://twitter.com/AP_Top25 | https://cw33.com/sports/ap-sports/ap-acc-gets-september-shot-to-boost-reputation-in-marquee-games/ | 2022-09-07T17:00:07Z |
Broward County facing critical 911 operator shortage
FORT LAUDERDALE, Fla. (AP) — Broward County’s emergency call center is greatly understaffed and the sheriff told county commissioners his agency does not have the money to fill the empty positions.
In addition, Sheriff Gregory Tony said Tuesday that he is also having a difficult time retaining other dispatchers who can make more money elsewhere.
“We’re going to continue to lose these people,” he warned. “This will always be a problem here whether we want to admit it or not.”
Some Broward County Commissioners told the sheriff to fix the issues immediately.
“Give everybody a raise ... and you won’t lose anybody,” Commissioner Mark Bogen told the sheriff. “You got the money to do that right now without us giving you a penny.”
Tony told commissioners Tuesday he’s not going to make “random or quick decisions” that can create other problems. He agreed to make a presentation outlining financial needs at the May 10 commission meeting.
The understaffing came to light in a South Florida SunSentinel investigation that documented thousands of unanswered 911 calls. The newspaper found that abandoned calls, those which are disconnected before they are answered, increased 26% from 2019 to 2021. In February, there were 14,505 abandoned calls. That is the latest month for which statistics are available.
Sheriff’s officials said high stress and pay that is not competitive are reasons for the understaffing.
Commissioner Jared Moskowitz, who served as the state’s emergency management director until last year, said county government does not move quickly, sending issues to committees before anything happens. “I look at this as a real-time problem.”
He cited as an example a house in Hollywood that burned to the ground last month after calls to 911 went unanswered.
“Problems don’t get better with time in emergency management, they get worse,” Moskowitz said. “What happened in this instance was a tragedy, and the sheriff is telling us it’s going to happen again.”
The SunSentinel story mentioned the house fire, along with other examples of people whose 911 calls went unanswered. These included a man with a medical emergency and a family whose baby was turning blue, and later died after the father took the child to the hospital.
Moskowitz asked for “the number is to fix this,” whether it was $250,000 or $500,000. “If dollars help address this, then let’s just appropriate the dollars.”
Tony did not have a number instantly, but said he’ll get it ready for commissioners. “We’ll come back with a needs request,” he said.
County commissioners seemed frustrated by some of the non-answers they got and wondered how it got to this point.
“Is Broward meeting the national standards?” Commissioner Steve Geller asked, referring to expectations that 90% of emergency calls get answered within 15 seconds.
“Yes, there are occasions where we fall short,” Sheriff’s Colonel Nichole Anderson responded. “For the most part we are meeting it,” she said. “More times than not” the agency meets its standards.
“It’s the qualifier you keep adding at the end that is bothering me,” Geller said.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/04/27/broward-county-facing-critical-911-operator-shortage/ | 2022-04-29T02:10:35Z |
Doncic out for Mavs in Game 1 against Utah because of calf
By STEPHEN HAWKINS
AP Sports Writer
DALLAS (AP) — Luka Doncic won’t play for the Dallas Mavericks in Game 1 of their playoff series against Utah because of the left calf strain the All-Star guard suffered in the regular-season finale. Mavericks coach Jason Kidd said before Saturday’s game that Doncic is day to day, but wouldn’t play in the opener of the best-of-seven series. Doncic was hurt last Sunday. Jalen Brunson, who averaged 16.3 points per game in the regular season, will be the starting point guard in Doncic’s place. Doncic finished the regular season as the NBA’s third-leading scorer at 28.4 points per game. | https://localnews8.com/sports/ap-national-sports/2022/04/16/doncic-out-for-mavs-in-game-1-against-utah-because-of-calf-2/ | 2022-04-16T18:47:31Z |
Sarah Sanders undergoes surgery for thyroid cancer
LITTLE ROCK, Ark. (AP) — Former White House press secretary Sarah Sanders, who is running for governor in Arkansas, underwent surgery Friday for thyroid cancer.
Sanders announced she underwent the surgery after a biopsy earlier this month revealed that she had thyroid cancer.
“Today, I underwent a successful surgery to remove my thyroid and surrounding lymph nodes and by the grace of God I am now cancer-free,” Sanders said in a statement released by her campaign. “I want to thank the Arkansas doctors and nurses for their world-class care, as well as my family and friends for their love, prayers, and support.”
Sanders, 40, said she looked forward to returning to the campaign trail soon. Sanders’ last public event was at the Arkansas Razorbacks football game on Saturday.
Sanders, who served as former President Donald Trump’s spokeswoman until 2019, is running against Democratic nominee Chris Jones. She is the daughter of former Gov. Mike Huckabee.
Sanders, who has shattered fundraising records in the race, is heavily favored in the predominantly Republican state of Arkansas. The state’s current Republican governor, Asa Hutchinson, is leaving office in January due to term limits.
A doctor for Sanders said in a statement that he expected her to be back on her feet within the next 24 hours. Dr. John R. Sims, a surgeon at CARTI Cancer Center in Little Rock, said Sanders will need adjuvant treatment with radioactive iodine and continued long follow up care.
Sims said Sanders’ cancer was a stage 1 papillary thyroid carcinoma, the most common type of thyroid cancer and said she has an “excellent” prognosis.
“I think it’s fair to say she’s now cancer free, and I don’t anticipate any of this slowing her down,” Sims said.
During Sanders’ nearly two-year tenure at the White House, she scaled back daily televised briefings after repeatedly sparring with reporters and faced questions about her credibility. But she also earned reporters’ respect working behind the scenes to develop relationships with the media.
Sanders was well known in Arkansas politics before launching her governor’s bid, going back to when she appeared in ads for her father’s campaigns. She managed Sen. John Boozman’s 2010 election and worked as an adviser to Sen. Tom Cotton’s in 2014.
She’s run primarily on national issues in the Arkansas race, promising to use the governor’s office to fight President Joe Biden and the “radical left.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/09/16/sarah-sanders-undergoes-surgery-thyroid-cancer/ | 2022-09-16T20:39:27Z |
Popular breakfast sandwich returns to Chick-fil-A
Published: Apr. 25, 2022 at 2:38 PM CDT|Updated: 1 hours ago
(CNN) - A fan favorite breakfast option is back at Chick-fil-A.
After a six-year hiatus, the chicken chain is bringing back its spicy chicken biscuit.
The sandwich will be available at a select 1,300 restaurants nationwide.
A new seasonal item is also making its debut – the Cloudberry Sunjoy beverage.
It’s a blend of the classic lemonade and sweet tea with flavors of cloudberry and cherry blossom.
Cloudberry is native to the arctic and is a cross between a raspberry and red currant.
Sunjoy is available at all Chick-fil-A restaurants.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/04/25/popular-breakfast-sandwich-returns-chick-fil-a/ | 2022-04-25T21:15:23Z |
Kindred Group plc - Half year report: January - June 2022 (unaudited)
SLIEMA, Malta, July 22, 2022 /PRNewswire/ --
Second quarter 2022
- Total revenue (B2C and B2B) was GBP 238.7 (363.7) million
- Gross winnings revenue (B2C) decreased by 36 per cent (35 per cent in constant currency) to GBP 233.5 (363.7) million. Excluding the Netherlands, Gross winnings revenue declined by 13 per cent (12 per cent in constant currency)
- Underlying EBITDA decreased by 78 per cent to GBP 25.3 (113.7) million
- Profit before tax amounted to GBP 7.0 (102.5) million
- Profit after tax amounted to GBP 5.8 (87.1) million
- Earnings per share were GBP 0.03 (0.38)
- 1,101,410 shares/SDRs were purchased at a total value of SEK 105.4, or GBP 8.5 million
- Free cash flow amounted to GBP -5.1 (82.1) million
- Number of active customers was 1,336,706 (1,907,276)
Half year 2022
- Total revenue (B2C and B2B) was GBP 485.4 (716.3) million
- Gross winnings revenue (B2C) decreased by 34 per cent (32 per cent in constant currency) to GBP 475.9 (716.3) million. Excluding the Netherlands, Gross winnings revenue declined by 10 per cent (8 per cent in constant currency)
- Underlying EBITDA decreased by 77 per cent to GBP 49.8 (219.7) million
- Profit before tax amounted to GBP 14.6 (187.8) million
- Profit after tax amounted to GBP 12.2 (159.7) million
- Earnings per share were GBP 0.06 (0.70)
- 3,029,000 shares/SDRs were purchased, with a total value of SEK 299.9, or GBP 23.9, million
- Free cash flow amounted to GBP -10.6 (172.2) million
CEO Henrik Tjärnström comments the second quarter of 2022
"After a period of short-term headwinds, I look to the future with confidence as we see good progress with the Group's key strategic priorities. We have received our long-awaited Dutch licence, our Kindred Sportsbook Platform (KSP) remains firmly on track, and Relax Gaming continues to show strong numbers. We are also nearing the end of a period of very tough COVID-19 comparatives, which have been giving a skewed view of our performance."
"The second quarter is a seasonally low period of activity as sports leagues end, with major football tournaments only take place every other year. With an exceptional period of sports in 2021, with Euros 2020 causing higher-than-normal activity during Q2 2021, we are now back to a normal sports calendar. This, together with a sports betting margin of 9.3 (10.7) per cent after free bets for the quarter (significantly lower than the same period last year), have resulted in a year-on-year decline of 28 per cent in sports betting revenue when excluding the Netherlands."
"On 8 June we finally received our licence from the Dutch Gambling Authority (KSA) and a process to connect all our systems and processes to the KSA began. We opened our doors to Dutch players on 4 July and have seen strong customer intake and activity in the period between 4 and 19 July. I am very pleased with this initial performance and expect to see our Unibet brand gradually reclaim a leading position in the Netherlands."
"During the last year, the UK market has been impacted by stricter affordability checks self-imposed by the industry. These measures can be expected to continue over the coming quarters. Whilst impacting revenues in the short term, this ensures a more sustainable customer base."
"The development of our proprietary sportsbook continues at pace and according to plan. We are recruiting spearhead competence to our tech and product teams, and the spirit in these teams is high. Once operational, our KSP will give us a unique and important flexibility to tailor our offering towards our customers across the world, providing them with an unforgettable experience and providing Kindred with a highly scalable platform while reducing our cost base."
"We have an exciting period ahead of us with the Dutch market up and running, the continued development of our proprietary sportsbook, and not least the 2022 World Cup taking place in November and December. We also expect the headwinds experienced during past quarters to gradually ease off in the coming quarters. We have prepared and built our team and offering for the future, which we are now ready to fully embrace."
Trading update up to and including 19 July 2022
The average daily Gross winnings revenue for the Group, up to and including 19 July 2022, was GBP 2.5 million, 24 per cent (24 per cent in constant currency) lower than the daily average for the full third quarter of 2021. Excluding the Netherlands, the average daily Gross winnings revenue for the Group, up to and including 19 July 2022, was GBP 2.3 million, 4 per cent (2 per cent in constant currency) lower than the daily average for the full third quarter of 2021.
Kindred launched in the Netherlands on 4 July and, during the period from going live up to and including 19 July, the average daily Gross winnings revenue for the Netherlands was GBP 153 thousand, increasing gradually throughout the period. This trading update is non-recurring, and a separate trading update will not be provided for the Netherlands going forward.
Kindred Group's presentation of the half year report
Kindred Group's CEO Henrik Tjärnström will host today, on Friday 22 July, a web presentation in English at 10.00 (CEST) which is web casted live on https://www.kindredgroup.com/q22022.
For those who would like to participate in the telephone conference in connection with the presentation, please call:
UK: +44 20 319 84884 (pincode: 1022970#)
US: +1 412 317 6300 (pincode: 1022970#)
SE: +46 8 505 163 86 (pincode: 1022970#)
Please call in well in advance for registration. There will be an opportunity to ask questions after the presentation.
This disclosure contains information that Kindred Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014) and the Swedish Securities Markets Act (2007:528). The information was submitted for publication, through the agency of the contact person, on 22-07-2022 07:30 CET.
For more information:
Patrick Kortman, Director - Corporate Development & Investor Relations, +46 723 877 438
Linda Lyth, Investor Relations Manager, +46 767 681 337
ir@kindredgroup.com
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
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SOURCE Kindred Group | https://www.mysuncoast.com/prnewswire/2022/07/22/dutch-market-access-place-strategic-execution-continues/ | 2022-07-22T06:50:41Z |
Biden highlights fiscal responsibility, deficit reduction
WASHINGTON (AP) — President Joe Biden plans to highlight deficit reduction in remarks Wednesday at the White House, noting that the government will pay down the national debt this quarter for the first time in six years.
Biden will emphasize how strong job gains have increased total incomes and led to additional tax revenues that have improved the government’s balance sheet, said a White House official who previewed the speech on condition of anonymity.
Besides the quarterly reduction in the national debt, the Treasury Department estimates that this fiscal year’s budget deficit will decline $1.5 trillion. That decrease marks an improvement from initial forecasts and would likely put the annual deficit below $1.3 trillion.
The Democratic president has placed renewed emphasis on deficit reduction going into the midterm election, with administration officials saying that the burst of $1.9 trillion in coronavirus relief approved in 2021 has already paid off in the form of faster growth that now makes it easier to stabilize government finances.
Deficit reduction also matches a priority of Sen. Joe Manchin of West Virginia, the key Democratic vote in the evenly split Senate who blocked the passage of Biden’s domestic and environmental agenda in December. The reduction also occurs amid rising interest rates on U.S. Treasury notes, a consequence of inflation running at a 40-year peak and the Federal Reserve’s efforts to reduce price pressures.
It is unclear if greater fiscal responsibility can deliver politically for Biden as Democrats try to defend control of Congress. His two most recent Democratic predecessors, Bill Clinton and Barack Obama, also cut budget deficits, only to leave office and see their Republican successors use the savings on tax cuts.
Still, Biden hopes to draw a sharp contrast with former President Donald Trump, whom he beat in 2020. Trump, among a multitude of promises, pledged to lower the national debt yet failed to do so during any financial quarter of his presidency. Biden has repeatedly taken aim at that broken promise.
Earlier this week, Treasury said that it expects to pay down $26 billion in privately held debt from the April to June quarter this year. However, the hope to reduce the debt may be dampened by Treasury’s expectation to borrow $182 billion in privately held debt from July to September.
When unveiling his budget plan in March, Biden said that after his Republican predecessor’s “fiscal mismanagement” his administration is “reducing the Trump deficits and returning our fiscal house to order.”
One of the challenges for Biden is that voters have largely shrugged off deficit increases and seldom rewarded deficit cuts. Voters might discuss the idea of reducing deficits with pollsters, yet health care, incomes and inflation are often top of mind when casting their ballots.
Norman Ornstein, an emeritus scholar at the conservative American Enterprise Institute, noted that deficits are often “abstract” for voters. The recent low interest rates have also muted any potential economic drags from higher deficits, which have risen following the COVID-19 pandemic and, separately, the 2008 financial crisis, to help the economy recover.
“They’re more likely to respond to things that are in their wheelhouse or that they believe will have a more direct effect on their lives,” Ornstein said. Deficits are “a step removed for most voters, and we’ve been through periods where we’ve had the big deficits and debt and it’s not like it devastated directly people’s lives.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/04/with-deficit-falling-biden-highlights-fiscal-responsibility/ | 2022-05-04T17:04:26Z |
EVANSTON, Ill., July 1, 2022 /PRNewswire/ -- 160 Driving Academy has opened its newest truck driving school in service of the greater Boston area. The branch is located at 500 Belmont Street, Suite 302, Brockton, MA.
A Ribbon Cutting event was held Wednesday, June 22nd to celebrate the Grand Opening. Notable attendees included the 160 Driving Academy Eastern Region Leadership Team, Representatives from Mayor Sullivan's office as well as several Brockton Law Enforcement Officials. The Ribbon Cutting honors were provided by newly appointed Chief of the Brockton Police Department, Brenda Perez.
CEO of 160 Driving Academy, Steve Gold, remarked: "There is an enormous need for high-quality truck driving training in the greater Boston area. We are thrilled to provide excellent drivers to the many employers seeking to train and hire individuals that successfully complete our safety-focused programs."
Overview of 160 Driving Academy CDL Training Programs in Brockton:
- Starting salaries for 160 Driving Academy graduates (on average) start at $65,000/annual, with tremendous growth potential
- Commercial Truck Driving is one of today's fastest growing career paths. Estimates predict 300,000 new jobs for CDL Holders.
- Technologically Driven: Our unique and data-driven programs focus deeply on driver safety and personalized analytics to provide our students with individual feedback and top of the line instruction via our proprietary App.
- Lifelong Career Support: We offer continuous job placement opportunities through our subsidiary company, Truckers Network.
160 Driving Academy is the nation's largest commercial driving school. As the fastest growing vocational school in the country, in 2022 alone, the Company will train over 35,000 students on how to safely operate a semi-truck across its 130-school system. 160 Driving Academy is licensed and operates in 43 states and each school is certified and licensed by the Federal Motor Carrier Safety Administration's Entry Level Driver Training Program. The 160 Driving Academy is integrated with over 400 Workforce offices nationwide to create jobs for unemployed and underemployed workers.
The 160 Driving Academy supplies the largest employers in the nation with an unparalleled level of recruiting, high-quality training, safety effectiveness, and driver analytics. Many of these employers have trusted the Company to provide the majority of their driving workforce.
160 Driving Academy's sister companies, the 160 Truckers Network, and the 160 Driver Score provide the most advanced job placement and compliance scoring capabilities in the industry.
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SOURCE 160 Driving Academy | https://www.kxii.com/prnewswire/2022/07/01/160-driving-academy-launches-new-location-brockton-massachusetts/ | 2022-07-01T19:08:47Z |
CEDARHURST, N.Y., June 29, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Okta, Inc. ("Okta" or the "Company") (NasdaqGS: OKTA), if they purchased the Company's securities between March 5, 2021 and March 22, 2022, inclusive (the "Class Period"). Shareholders have until July 19, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/okta-inc-nasdaqgs-okta/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.wibw.com/prnewswire/2022/06/30/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-okta-inc-okta/ | 2022-06-30T03:21:41Z |
MINNEAPOLIS, Sept. 14, 2022 /PRNewswire/ -- Likewise Partners, LLC today announced Likewise Partners Industrial Fund I, LLC acquired a high-quality industrial property located at 1901 Chicory Road in Mount Pleasant, Wisconsin for $6.25 million. The acquisition marks the first purchase for the newly formed industrial income fund and the third acquisition for Likewise in the Wisconsin market. Likewise targets industrial investment and development in Midwest markets including Minneapolis, Milwaukee, Madison, Des Moines, and Grand Rapids.
1901 Chicory Road contains 134,805 square feet and has a 26' clear height. The property was acquired from Wrought Washer Manufacturing, Inc. in a sale and leaseback. The company will continue to occupy 100% of the property for storage and distribution. Wrought Washer is the world's largest washer manufacturer of standard washers and special washers.
"This transaction is consistent with our objective to acquire highly functional industrial properties with durable in-place income and appreciation potential," said Steven Buss, Founder and CEO. "1901 Chicory is the first purchase on behalf of our industrial income fund, which will continue to grow through acquisitions across Midwest markets and the addition of new fund investors."
Travis Tiede and Barry Chavin with Newmark advised Wrought Washer in the disposition and Raymond Zanca and Scott Modelski with Black Bear Capital arranged mortgage financing.
Likewise Partners is an emerging advisor specializing in Midwest industrial real estate investment and development. Likewise was founded in 2020 by real estate veteran Steven Buss after a 25-year career at real estate brokerage firms CBRE and Jones Lang LaSalle. The firms' principals have completed over 130 industrial transactions totaling 44 million square feet. Likewise Partners Industrial Fund I, LLC is advised by Steven Buss and Paul Koch. Paul Koch is a retired Managing Director, Private Wealth Advisor and Senior Portfolio Manager at RBC Wealth Management.
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SOURCE Likewise Partners, LLC | https://www.wibw.com/prnewswire/2022/09/14/likewise-partners-announces-new-fund-acquisition-62-million-milwaukee-industrial-property/ | 2022-09-14T18:00:32Z |
COLUMBIA, S.C. (AP) — Police have arrested a third suspect accused of participating in an Easter weekend shootout at a South Carolina mall that wounded nine people.
The Columbia Police Department said Thursday on Twitter that Amari Sincere-Jamal Smith, 21, of Columbia, turned himself in after authorities obtained arrest warrants earlier this week.
Smith and two other men face charges of attempted murder and aggravated assaultafter police said they brought guns to a busy Columbia shopping center, eventually shooting nine bystanders. Another six were injured in the rush to exit Columbiana Centre in the state’s capital city. No fatalities have been announced in the incident.
Columbia Police Chief W.H. “Skip” Holbrook said at a Monday news conference that the three identified suspects knew each other and the attack was not random.
“Emotions took over, you had firearms that were introduced into the dispute, gunfire was exchanged and innocent people got injured in the crossfire,” Holbrook said.
Police said Smith also faces a charge of unlawfully carrying a pistol. Smith was scheduled for a bond hearing Monday afternoon, according to online court records.
A judge denied bond for two other defendants, Jewayne M. Price and Marquise Love Robinson, on Tuesday, news outlets reported.
The mall shootout was one of two mass shootings that rocked the state over the Easter holiday weekend. State police are investigating after at least nine people were also shot at a nightclub in Hampton County that weekend. | https://cw33.com/news/ap-top-headlines/third-suspect-arrested-in-south-carolina-mall-shooting/ | 2022-04-21T21:50:01Z |
So we received our mail-in ballots for the upcoming election. Our local election board included the cover letter for the early March primary.
That is an unacceptable error. Elections matter!
Bell County needs to appoint a full-time elections administrator. Voting is too important to still have an interim administrator that has a full-time position as the tax assessor-collector. Why the delay?
Chuck Nissley
Temple | https://www.tdtnews.com/news/letters_to_the_editor/article_a81c7bc2-c751-11ec-96c9-07887ea8c169.html | 2022-04-29T02:09:56Z |
Pet owners seek justice after dogs shot, killed by neighbor: ‘They were our family’
HONOLULU (KHNL/KGMB/Gray News) - A family in Hawaii is looking for justice after they say their dogs were shot and killed by a neighbor.
“Probably the most calm, gentlest Australian shepherds you’ve ever met,” said Tabitha Autele, the owner of the dogs.
Autele told KHNL/KGMB that her dogs, Bindi and Dutch, loved going to their ranch.
“They saw the truck come home from work, and they knew they were going to the ranch,” Autele said. “They happily jumped in the truck. That was their happy place and our happy place. But since this has happened, there’s no joy anymore.”
Autele and her husband, Elmer Acera, said their pups chased a mongoose onto a neighboring property in August while Acera was feeding their horses when the shooting happened.
“As I was walking down, I heard a gunshot and then a dog yell,” Acera said. “And then a few seconds later, I heard another gunshot and another dog yelp. And then I immediately thought, ‘oh no, I hope it’s not them.’”
Acera said he ran to the neighboring property to find his animals dead on the ground. He said his neighbor told him the dogs were messing with his horses, so he shot them.
“They have been around horses before, and their breed is not aggressive,” Autele said.
According to criminal defense lawyer Victor Bakke, people can defend themselves and their pets from other animals using reasonable force.
“They would be allowed to use force in a reasonable amount necessary to address the danger presented by the dogs,” Bakke said. “So they could hit them with a stick, kick them to get away. But pulling out a gun and shooting the dogs, unless there was a strong reason to believe that the dogs were likely to injure or kill the horse seriously, would be an abuse of force.”
The family said the man who shot their dogs is a parolee, and they were called to give a statement to the Hawaii Paroling Authority.
Documents showed that man was taken into custody the same day for violating his parole. However, the couple said they hope he would be charged for killing their family pets.
“I don’t want this case just shoved under a desk because they’re just dogs,” Acera said. “They’re not just dogs. They were our family.”
Bakke said the man could face a felony for unjustifiably shooting the dogs.
Copyright 2022 KHNL/KGMB via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/09/03/pet-owners-seek-justice-after-dogs-shot-killed-by-neighbor-they-were-our-family/ | 2022-09-03T20:25:07Z |
Prepare for sticker shock if you are traveling this summer
By DAVID KOENIG
AP Airlines Writer
DALLAS (AP) — Airlines and tourist destinations are expecting monster crowds this summer as travel restrictions ease and pandemic fatigue overcomes lingering fear of contracting COVID-19 during travel.
Many forecasters believe the number of travelers will match or even exceed levels in the good-old, pre-pandemic days. However, airlines have thousands fewer employees than they did in 2019, and that has at times contributed to widespread flight cancellations.
People who are only now booking travel for the summer are experiencing the sticker shock.
Domestic airline fares for summer are averaging more than $400 a round trip, 24% higher than this time in 2019, before the pandemic, and a whopping 45% higher than a year ago, according to travel-data firm Hopper.
“The time to have gotten cheap summer flights was probably three or four months ago,” says Scott Keyes, who runs the Scott’s Cheap Flights site.
Internationally, fares are also up from 2019, but only 10%. Prices to Europe are about 5% cheaper than before the pandemic — $868 for the average round trip, according to Hopper. Keyes said Europe is the best travel bargain out there.
Steve Nelson of Mansfield, Texas, was standing in line this week at a security checkpoint in Dallas-Fort Worth International Airport, ready to board a flight to Nice, France, with plans to attend a Formula One race in Monaco.
“I decided it’s time to work on my bucket list,” Nelson said. “I hadn’t even considered Monaco until this year.”
Although many countries have eased rules for travel, there are still restrictions in place that add to the hassle factor. Notably, the United States still requires a negative COVID-19 test within a day of flying to the country.
“We only realized that a couple days before coming here. We kind of panicked to find a place to get tested,” said Jonny Dawe, a software engineer from Bath, England, who was in Dallas for a conference — his first major trip since the pandemic started. “You have to check all the testing requirements for the countries you are visiting, and you have to worry about contracting the virus.”
Online spending on U.S. flights eased in April after a torrid March, but it’s still up 23% from spring 2019 mostly because of higher prices, according to Adobe Analytics.
Airlines blame the steeper fares on jet fuel roughly doubling in price over 2019. It’s more than that, however. The number of flights has not returned to pre-pandemic levels even though demand for travel is surging.
“We have more travelers looking to book fewer seats, and each of those seats is going to be more expensive for airlines to fly this summer because of jet fuel,” says Hopper economist Hayley Berg.
When travelers reach their destination, they will be greeted with hotel rates that are up about one-third from last year. Hotels are filling up faster, too. Hotel companies blame the higher prices on increasing cost for supplies as well as workers in a tight labor market.
Rental cars were hard to find and very expensive last summer, but that seems to have eased as the rental companies rebuild their fleets. The nationwide average price is currently around $70 a day, according to Hopper.
Jonathan Weinberg, founder of a rental car shopping site called AutoSlash, said prices and availability of vehicles will be very uneven. It won’t be as bad as last summer, but prices for vehicles will still be “way above average, if you can even find one,” in Hawaii, Alaska and near destinations such as national parks.
Even if you drive your own car, it’ll still be pricey. The national average for regular gasoline hit $4.60 a gallon on Thursday — more than $6 in California. Those prices have some people considering staying home.
“You don’t really get used to $6 gas,” said Juliet Ripley of San Diego as she paid $46.38 to put 7.1 gallons in her Honda Civic. The single mom of two has no summer vacation plans other than an occasional trip to a nearby beach.
For those determined to travel, however, it is an open question whether airlines, airports, hotels and other travel businesses will be able to handle them.
More than 2.1 million people a day on average are boarding planes in the United States, about 90% of 2019 levels and a number that is sure to grow by several hundred thousand a day by July.
The U.S. Transportation Security Administration has tapped nearly 1,000 checkpoint screeners who can move from one airport to another, depending on where they are needed most.
“We are as ready as we possibly can be,” says TSA chief David Pekoske.
Airlines that paid employees to quit when travel collapsed in 2020 are now scrambling to hire enough pilots, flight attendants and other workers. The largest four U.S. airlines — American, Delta, United and Southwest — together had roughly 36,000 fewer employees at the start of 2022 than before the pandemic, a drop of nearly 10%, despite aggressive hiring that started last year.
Pilots are in particularly short supply at smaller regional airlines that operate nearly half of all U.S. flights under names like American Eagle, Delta Connection and United Express.
Airlines are trimming summer schedules to avoid overloading their staffs and canceling flights at the last minute. This week, Delta cut about 100 flights a day, or 2%, from its July schedule, and more than 150 flights a day on average, or 3%, in August. Southwest, Alaska and JetBlue previously reduced summer flights.
Cancellations aren’t limited to the U.S. In the United Kingdom, easyJet and British Airways scrubbed many flights this spring because of staffing shortages.
Air travel within Europe is expected to recover to pre-pandemic levels this summer, although visitors from outside the region will likely be down 30% from 2019, according to a new report from the European Travel Commission. The group doesn’t expect international travel to return to normal until 2025.
Russia’s war in Ukraine does not appear to be hurting bookings to most of Europe, according to travel experts, but it will reduce the number of Russian and Ukrainian travelers, whose favorite destinations include Cyprus, Montenegro, Latvia, Finland, Estonia and Lithuania, the commission said. Russian tourists tend to be big spenders, so their absence will hurt tourism economies in those destinations.
Also largely missing: Chinese tourists, the world’s largest travel spenders, who remain largely restricted by their government’s “zero-COVID” strategy. Some European destinations report that the number of Chinese tourists is down by more than 90% from 2019.
___
Kelvin Chan in London and Christopher Weber in Los Angeles contributed to this report. | https://localnews8.com/news/ap-national-business/2022/05/26/prepare-for-sticker-shock-if-you-are-traveling-this-summer-2/ | 2022-05-27T05:18:24Z |
LOS ANGELES, Aug. 3, 2022 /PRNewswire/ -- NAAB Radio, an iHeart Radio Station, is proud to provide independent artists the opportunity of lifetime by performing on the big stage. The NAAB Radio Indie Artist Music Festival will be held on September 24, 2022, in alignment with the biggest stars at the iHeart Radio Music Festival being held in Las Vegas.
Hosts include Rock and Roll Hall of Fame inductee Flavor Flav, Special Invited Guest Host-BET Awards Best New Artist LATTO, and Mega Producer PRESSPLAYY that has worked with some of the biggest stars which include Tiffany Haddish, Jadakiss, E-40, Jeezy, Nipsey Hussle, Eddie Griffin, DC Young Fly and many more!
Being held at the Cox Pavilion on the UNLV Campus, this arena has 78,300 square feet with the capacity of over 18,000 seats. With this type of platform, independent artists will surely have the opportunity of a lifetime to perform in front of a huge audience which will include Music Industry Executives, Radio Personalities, and some of the biggest media outlets.
In addition, each artist performing will have the opportunity to receive a live interview on NAAB Radio, iHeart Radio, local radio stations, and interviews from All Hip Hop, Hip Hop Since 1987, Hip Hop Weekly, This is 50, The Source, Hype Magazine, Disrupt, Verna Magazine, Vents Magazine, The UBJ, Mustique Magazine, The Scoop Beats, Clout News, XttraWave Magazine, Chill Out Radio, and many more! Further enhancing an artist's exposure, this music festival will be aired live on the all new NAAB TV Channel streaming Apple TV, Roku TV, Fire TV and android TV.as will as OIS and android mobile.
Special Guests Bash Bash and Truth Hurts among many others will be in attendance for this spectacular event. Don't miss a special live performance from R&B Legendary group Jodeci that will electrify the stage.
Artists that wish to perform may contact indieartist@naabradio.com or call 1-800-672-9001 for more information.
Want to showcase your business at our event and maximize your exposure? We would love to hear from you! Contact us at sponsorship@naabradio.com
This music festival is like no other as it is truly dedicated on providing artists a platform to shine on a major syndicated radio station with a world-wide audience on iHeart Radio. We can't wait to see you there! https://sites.google.com/view/naabradio/home
NAAB Radio Where the World Is Listening.
Live on www.naabradio.com and www.iheart.com
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SOURCE NAAB RADIO | https://www.mysuncoast.com/prnewswire/2022/08/03/naab-radio-is-giving-independent-artists-spotlight-during-iheart-radio-music-festival-weekend/ | 2022-08-03T11:41:26Z |
Pro Forma RevPAR Increases 78%; 2019 RevPAR Recapture Rate Reaches New Quarterly High
Completed the Acquisition of $822 Million 27-Hotel NewcrestImage Portfolio
Accretive Transaction Activity Continues with Pending Acquisition of AC Hotel by Marriott & Element Miami Brickell and Pending Sale of Hilton Garden Inn San Francisco Airport North
AUSTIN, Texas, May 3, 2022 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the first quarter ended March 31, 2022.
"Our operating results continue to improve as we have begun to see a more meaningful increase in demand segments beyond the robust leisure travel demand that has driven the industry's results in the early part of the recovery. We were particularly encouraged by the sequential monthly improvements we experienced across all operating and financial metrics, including first quarter hotel-level profitability that was more than three times higher compared to a year ago. President's Day weekend again served as a notable demand inflection point across our portfolio, culminating with March RevPAR of $120 – a 87% recapture to 2019 – and hotel EBITDA margin of 40%, the highest we have achieved since the onset of the pandemic," said Jonathan P. Stanner, the Company's President and Chief Executive Officer.
"In January, we closed on the previously announced acquisition of 27 hotels from NewcrestImage, which represented the largest transaction in the Company's history and significantly increased our presence in high growth Sun Belt markets. We are also excited to announce the pending acquisition of the newly developed dual-branded AC Hotel by Marriott and Element located in the rapidly growing Brickell submarket of Miami. The transaction represents our first exercised option in connection with our mezzanine lending program. Since the onset of the pandemic, we have closed or announced the acquisition of nearly $1 billion of high-quality hotels. In addition, our joint venture with GIC has entered into an agreement to sell the Hilton Garden Inn San Francisco Airport North hotel for $75 million, or $444,000 per key, nearly 30% higher than what we acquired the hotel for in 2019. Collectively, these transactions demonstrate our ability to thoughtfully and opportunistically allocate capital, and we remain well positioned for future growth," continued Mr. Stanner.
First Quarter 2022 Summary
- Net Loss: Net loss attributable to common stockholders improved to $12.4 million, or $0.12 per diluted share, compared to a net loss of $35.1 million, or $0.34 per diluted share, for the first quarter of 2021.
- Pro forma RevPAR: Pro forma RevPAR increased 77.9 percent to $97.09 compared to the first quarter of 2021. Pro forma ADR increased 47.5 percent to $151.97 compared to the same period in 2021, and pro forma occupancy increased 20.6 percent to 63.9 percent.
- Same Store RevPAR: Same Store RevPAR increased 87.6 percent to $98.30 compared to the first quarter of 2021. Same store ADR increased 49.5 percent to $155.63 compared to the same period in 2021, and same store occupancy increased 25.5 percent to 63.2 percent.
- Pro Forma Hotel EBITDA(1): Pro forma hotel EBITDA increased to $47.3 million from $15.8 million in the same period in 2021. Pro forma hotel EBITDA margin expanded to 32.6 percent from 19.7 percent in the same period of 2021.
- Same Store Hotel EBITDA(1): Same store hotel EBITDA increased to $33.8 million from $7.7 million in the same period in 2021. Same store hotel EBITDA margin expanded to 31.2 percent from 13.3 percent in the same period of 2021.
- Adjusted EBITDAre(1): Adjusted EBITDAre increased to $32.9 million from $6.2 million in the first quarter of 2021.
- Adjusted FFO(1): Adjusted FFO was $20.1 million, or $0.17 per diluted share, compared to ($6.9) million, or ($0.07) per diluted share, in the first quarter of 2021.
The Company's results for the three months ended March 31, 2022, are as follows (in thousands, except per share amounts):
Monthly Operating Data
Transaction Activity
During the first quarter, the Company completed the previously announced 27-hotel portfolio acquisition through its existing joint venture with GIC from affiliates of NewcrestImage. The transaction included 27 hotels totaling 3,709 guestrooms, two parking structures, and various financial incentives. The total consideration for the transaction is comprised of $776.5 million, or $209,000 per key, for the 27-hotel portfolio, $24.8 million for the two parking structures, and $20.7 million for the various financial incentives.
Pending Transactions
Acquisition of the AC Hotel by Marriott & Element Miami Brickell
Subsequent to quarter-end, the Company exercised its initial equity purchase option to acquire a 90% interest in the newly constructed, dual-branded 264-guestroom AC Hotel by Marriott & Element Miami Brickell (the "Brickell Hotels"). The option price was based on a gross hotel valuation of $89.0 million, or $337,000 per key, and the Company expects to fund its estimated $38 million equity requirement with the conversion of the previously funded $30 million mezzanine construction loan, which earned 9% cash interest during the loan term, and $8 million in cash. The transaction will be funded with the assumption of an estimated $47 million mortgage loan that will have a variable interest rate of 30-day LIBOR + 300 basis points and maturity date of February 15, 2025.
Opened in December 2021, the Brickell Hotels are located in the heart of Brickell, a chic and vibrant neighborhood of downtown Miami, and adjacent to the Brickell City Centre - downtown Miami's landmark mixed-use development consisting of 5.4 million square feet of office, residential, retail and entertainment space. The Brickell Hotels' premier location creates a unique opportunity to capitalize on Miami's robust corporate and leisure demand growth. The Brickell Hotels feature Rosa Sky, a rooftop bar and lounge, an amenity deck with a pool, cabana seating, and outdoor bar, the AC lounge restaurant and bar, modern fitness center, nearly 5,000 square feet of meeting and event space, and 150 structured parking spaces in the property's garage.
The Miami market has been a leader in the lodging recovery during the pandemic ranking first in the nation in nominal RevPAR in both 2020 and 2021 and one of only three markets among the top 25 in the U.S. that surpassed 2019 RevPAR levels in 2021. The Miami market was the best performing top 25 market in the first quarter of 2022 surpassing the comparable 2019 RevPAR by 18%.
The transaction is expected to close during the second quarter of 2022. The project was developed by an affiliate of Robert Finvarb Companies, LLC, an established Miami based developer, who will remain our joint venture partner with a 10% equity interest in the Brickell Hotels. Upon closing, a $10 million letter of credit that currently supports the equity purchase option will be released and the Company will retain the option to acquire the remaining 10% equity interest of the Brickell Hotels in December 2026.
Disposition of the Hilton Garden Inn San Francisco Airport North
Subsequent to quarter end, the Company's joint venture with GIC entered into a contract to sell the 169-guestroom Hilton Garden Inn San Francisco Airport North for total consideration of $75.0 million, or $444,000 per key. The transaction represents a 1.0% capitalization rate based on the hotel's net operating income after a 4% FF&E reserve for the twelve months ended March 31, 2022. The Company will also forego a comprehensive renovation that was scheduled for late 2022 estimated to be $7.1 million, or $42,000 per key, as a result of the sale.
The joint venture acquired the hotel in October 2019 for $58.0 million, or $343,000 per key, and the transaction is expected to result in a $20.5 million net gain on sale. Net proceeds from the transaction are estimated to be $73 million, of which the Company's share will be equal to approximately $37 million. The Company expects to use the net sale proceeds to repay indebtedness and for other general corporate purposes.
Capital Markets and Balance Sheet
On March 31, 2022, inclusive of its pro rata share of the Joint Venture debt, the Company had the following:
- Pro rata outstanding debt of $1.2 billion with a weighted average interest rate of 3.39 percent.
- After giving effect to interest rate derivative agreements, $839.0 million, or 69 percent, of our pro rata outstanding debt had fixed interest rates, and $377.2 million, or 31 percent, had variable interest rates.
- Pro rata unrestricted cash and cash equivalents of $62.7 million.
- Revolving credit facility availability of $340.0 million, plus an additional $50.0 million available to borrow subject to certain requirements. The Company had no borrowings outstanding on its revolving credit facility.
- Total liquidity of $452.7 million, including unrestricted cash and cash equivalents and revolving credit facility availability.
Capital Improvements
The Company invested $10.3 million during the three months ended March 31, 2022 and plans to invest a total of $60.0 million to $80.0 million on a consolidated basis and $50.0 million to $70.0 million on a pro rata basis for the full year 2022. The Company anticipates completing or starting renovations at 13 hotels during the year, nine of which are expected to commence in the fourth quarter. Renovations expected to be complete by year-end include the Hilton Garden Inn Houston Energy Corridor, Hyatt Place Orlando Universal Studios, and SpringHill Suites Nashville MetroCenter.
Dividends
On April 29, 2022, the Company declared a quarterly cash preferred dividend of $0.390625 per share of the Company's 6.25% Series E Cumulative Redeemable Preferred Stock for the dividend period ending on May 31, 2022, and a cash dividend of $0.3671875 per share of the Company's 5.875% Series F Cumulative Redeemable Preferred Stock for the dividend period ending on May 31, 2022.
The Company also declared on behalf of the operating partnership, distributions pertaining to the operating partnership's unregistered 5.25% Series Z Cumulative Perpetual Preferred Units that were issued as part of the recently completed NewcrestImage portfolio acquisition. The cash distributions are $0.328125 per unit for the units issued on January 13, 2022, and $0.249660 per unit for the units issued on March 23, 2022.
The dividends and distributions are payable on May 31, 2022, to holders of record as of May 17, 2022.
2022 Outlook
Given the continued uncertainty and volatility of the operating environment, the Company is not providing operational or earnings guidance at this time. However, the Company is providing its expectations for certain non-operational items based on 101 hotels owned as of March 31, 2022 and pending transaction activity including the acquisition of the 264-guestroom dual-branded AC Hotel by Marriott & Element Miami Brickell and the disposition of the 169-guestroom Hilton Garden Inn San Francisco Airport North currently owned by the Company's joint venture with GIC, both of which are expected to be completed during the second quarter of 2022.
First Quarter 2022 Earnings Conference Call
The Company will conduct its quarterly conference call on Wednesday, May 4, 2022, at 9:00 AM ET. To participate in the conference call, please follow the steps below:
- On May 4, 2022, dial 877-930-8101 approximately ten minutes before the call begins (8:50 AM ET).
- Enter conference identification code 3183004.
- Please state your full name and company affiliation and you will be connected to the call.
A live webcast of the quarterly conference call will be available through the Company's website, www.shpreit.com. A replay of the quarterly conference call webcast will be available until 12:00 PM ET Wednesday, May 11, 2022, by dialing 855-859-2056, conference identification code 3183004. A replay will also be available in the Investor Relations section of the Company's website until July 31, 2022.
About Summit Hotel Properties
Summit Hotel Properties, Inc. is a publicly traded real estate investment trust focused on owning premium-branded hotels with efficient operating models primarily in the Upscale segment of the lodging industry. As of May 3, 2022, the Company's portfolio consisted of 101 hotels, 61 of which are wholly owned, with a total of 15,228 guestrooms located in 24 states.
For additional information, please visit the Company's website, www.shpreit.com, and follow the Company on Twitter at @SummitHotel_INN. Investors and others should note that the Company routinely announces material information to investors and the marketplace using U.S. Securities and Exchange Commission filings, press releases, public conference calls, webcasts, and the Investors section of the Company's website. The Company uses these channels as well as social media channels (e.g., the Company's Twitter account @SummitHotel_INN) as a means of disclosing information about the Company's business to our colleagues, investors, and the public. While not all the information that the Company posts to the Company's website or on the Company's social media channels is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media, and others interested in the Company to review the information that it shares on https://investor.shpreit.com/corporate-profile.
Forward-Looking Statements
This press release contains statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by use of forward-looking terminology such as "may," "will," "should," "potential," "intend," "expect," "seek," "anticipate," "estimate," "approximately," "believe," "could," "project," "predict," "forecast," "continue," "plan," "likely," "would" or other similar words or expressions. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections, or other forward-looking information. Examples of forward-looking statements include the following: the Company's ability to realize growth from the allocation of capital; projections of the Company's cash corporate G&A, interest expense, capital expenditures or other financial items; descriptions of the Company's plans or objectives for future operations, acquisitions, dispositions, and financings; and descriptions of assumptions underlying or relating to any of the foregoing expectations regarding the timing of their occurrence. These forward-looking statements are subject to various risks and uncertainties, not all of which are known to the Company and many of which are beyond the Company's control, which could cause actual results to differ materially from such statements. These risks and uncertainties include, but are not limited to, the state of the U.S. economy, supply and demand in the hotel industry, and other factors as are described in greater detail in the Company's filings with the Securities and Exchange Commission ("SEC"). Unless legally required, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.
For information about the Company's business and financial results, please refer to the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" sections of the Company's Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC, and its quarterly and other periodic filings with the SEC. The Company undertakes no duty to update the statements in this release to conform the statements to actual results or changes in the Company's expectations.
Non-GAAP Financial Measures
We disclose certain "non-GAAP financial measures," which are measures of our historical financial performance. Non-GAAP financial measures are financial measures not prescribed by Generally Accepted Accounting Principles ("GAAP"). These measures are as follows: (i) Funds From Operations ("FFO") and Adjusted Funds from Operations ("AFFO"), (ii) Earnings before Interest, Taxes, Depreciation and Amortization ("EBITDA"), Earnings before Interest, Taxes, Depreciation and Amortization for Real Estate ("EBITDAre"), Adjusted EBITDAre, and hotel EBITDA (as described below). We caution investors that amounts presented in accordance with our definitions of non-GAAP financial measures may not be comparable to similar measures disclosed by other companies, since not all companies calculate these non-GAAP financial measures in the same manner. Our non-GAAP financial measures should be considered along with, but not as alternatives to, net income (loss) as a measure of our operating performance. Our non-GAAP financial measures may include funds that may not be available for our discretionary use due to functional requirements to conserve funds for capital expenditures, property acquisitions, debt service obligations and other commitments and uncertainties. Although we believe that our non-GAAP financial measures can enhance the understanding of our financial condition and results of operations, these non-GAAP financial measures are not necessarily better indicators of any trend as compared to a comparable measure prescribed by GAAP such as net income (loss).
Funds From Operations ("FFO") and Adjusted FFO ("AFFO")
As defined by Nareit, FFO represents net income or loss (computed in accordance with GAAP), excluding preferred dividends, gains (or losses) from sales of real property, impairment losses on real estate assets, items classified by GAAP as extraordinary, the cumulative effect of changes in accounting principles, plus depreciation and amortization related to real estate assets, and adjustments for unconsolidated partnerships, and joint ventures. AFFO represents FFO excluding amortization of deferred financing costs, franchise fees, equity-based compensation expense, debt transaction costs, premiums on redemption of preferred shares, losses from net casualties, non-cash lease expense, non-cash interest income and non-cash income tax related adjustments to our deferred tax assets. Unless otherwise indicated, we present FFO and AFFO applicable to our common shares and common units. We present FFO and AFFO because we consider FFO and AFFO an important supplemental measure of our operational performance and believe it is frequently used by securities analysts, investors, and other interested parties in the evaluation of REITs, many of which present FFO and AFFO when reporting their results. FFO and AFFO are intended to exclude GAAP historical cost depreciation and amortization, which assumes that the value of real estate assets diminishes ratably over time. Historically, however, real estate values have risen or fallen with market conditions. Because FFO and AFFO exclude depreciation and amortization related to real estate assets, gains and losses from real property dispositions and impairment losses on real estate assets, FFO and AFFO provide performance measures that, when compared year over year, reflect the effect to operations from trends in occupancy, guestroom rates, operating costs, development activities and interest costs, providing perspective not immediately apparent from net income. Our computation of FFO differs slightly from the computation of Nareit-defined FFO related to the reporting of corporate depreciation and amortization expense. Our computation of FFO may also differ from the methodology for calculating FFO used by other equity REITs and, accordingly, may not be comparable to such other REITs. FFO and AFFO should not be considered as an alternative to net income (loss) (computed in accordance with GAAP) as an indicator of our liquidity, nor is it indicative of funds available to fund our cash needs, including our ability to pay dividends or make distributions. Where indicated in this release, FFO is based on our computation of FFO and not the computation of Nareit-defined FFO unless otherwise noted.
EBITDA, EBITDAre, Adjusted EBITDAre, and Hotel EBITDA
EBITDA
EBITDA represents net income or loss, excluding: (i) interest, (ii) income tax expense and (iii) depreciation and amortization. We believe EBITDA is useful to an investor in evaluating our operating performance because it provides investors with an indication of our ability to incur and service debt, to satisfy general operating expenses, to make capital expenditures and to fund other cash needs or reinvest cash into our business. We also believe it helps investors meaningfully evaluate and compare the results of our operations from period to period by removing the effect of our asset base (primarily depreciation and amortization) from our operating results. Our management team also uses EBITDA as one measure in determining the value of acquisitions and dispositions.
EBITDAre and Adjusted EBITDAre
EBITDAre is based on EBITDA and is expected to provide additional relevant information about REITs as real estate companies in support of growing interest among generalist investors. EBITDAre is intended to be a supplemental non-GAAP performance measure that is independent of a company's capital structure and will provide a uniform basis to measure the enterprise value of a company compared to other REITs.
EBITDAre, as defined by Nareit, is calculated as EBITDA, excluding: (i) loss and gains on disposition of property and (ii) asset impairments, if any. We believe EBITDAre is useful to an investor in evaluating our operating performance because it provides investors with an indication of our ability to incur and service debt, to satisfy general operating expenses, to make capital expenditures and to fund other cash needs or reinvest cash into our business. We also believe it helps investors meaningfully evaluate and compare the results of our operations from period to period by removing the effect of our asset base (primarily depreciation and amortization) from our operating results.
We make additional adjustments to EBITDAre when evaluating our performance because we believe that the exclusion of certain additional non-recurring or certain non-cash items described below provides useful supplemental information to investors regarding our ongoing operating performance. We believe that the presentation of Adjusted EBITDAre, when combined with the primary GAAP presentation of net income, is useful to an investor in evaluating our operating performance because it provides investors with an indication of our ability to incur and service debt, to satisfy general operating expenses, to make capital expenditures and to fund other cash needs or reinvest cash into our business. We also believe it helps investors meaningfully evaluate and compare the results of our operations from period to period by removing the effect of our asset base (primarily depreciation and amortization) from our operating results.
Hotel EBITDA
With respect to hotel EBITDA, we believe that excluding the effect of corporate-level expenses and non-cash items provides a more complete understanding of the operating results over which individual hotels and operators have direct control. We believe the property-level results provide investors with supplemental information on the ongoing operational performance of our hotels and effectiveness of the third-party management companies operating our business on a property-level basis.
We caution investors that amounts presented in accordance with our definitions of EBITDA, EBITDAre, adjusted EBITDAre, and hotel EBITDA may not be comparable to similar measures disclosed by other companies, since not all companies calculate these non-GAAP measures in the same manner. EBITDA, EBITDAre, adjusted EBITDAre, and hotel EBITDA should not be considered as an alternative measure of our net income (loss) or operating performance. EBITDA, EBITDAre, adjusted EBITDAre, and hotel EBITDA may include funds that may not be available for our discretionary use due to functional requirements to conserve funds for capital expenditures and property acquisitions and other commitments and uncertainties. Although we believe that EBITDA, EBITDAre, adjusted EBITDAre, and hotel EBITDA can enhance your understanding of our financial condition and results of operations, these non-GAAP financial measures are not necessarily a better indicator of any trend as compared to a comparable GAAP measure such as net income (loss). Above, we include a quantitative reconciliation of EBITDA, EBITDAre, adjusted EBITDAre and hotel EBITDA to the most directly comparable GAAP financial performance measure, which is net income (loss) and operating income (loss).
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SOURCE Summit Hotel Properties, Inc. | https://www.kxii.com/prnewswire/2022/05/03/summit-hotel-properties-reports-first-quarter-2022-results/ | 2022-05-04T06:22:06Z |
OUAGADOUGOU, Burkina Faso (AP) — Burkina Faso’s former President Blaise Compaore returned to the West African country Thursday, the first time since being ousted in a popular uprising eight years ago.
The former leader arrived at the Ouagadougou airport, according to Western diplomats and the Emir of Lipatko, a traditional leader.
Compaore, who’s been in exile in neighboring Ivory Coast since 2014, came back to be part of an unprecedented meeting on Friday of former heads of state to discuss Burkina Faso’s future, said a statement by the government.
Compaore is to join past presidents Michel Kafando, Yacouba Isaac Zida, Jean-Baptiste Ouedraogo and Roch Marc Christian Kabore, according to the statement.
It’s unclear how long Compaore will stay in the country.
Friday’s meeting has been called by the ruling junta led by Lt. Col. Paul-Henri Sandaogo Damiba who seized power in a coup in January and has had himself appointed interim president.
The summit meeting of former leaders comes as Burkina Faso grapples with soaring jihadi violence linked to al-Qaida and the Islamic State group that’s killed thousands and displaced nearly 2 million people.
Compaore, who seized power from his long-time friend and revolutionary leader Thomas Sankara in a 1987 coup, ruled Burkina Faso with an iron fist for nearly 30 years. He was known for both fuelling regional conflicts in West Africa and playing peacemaker, supporting warlords like Liberia’s Charles Taylor. However, Compaore was praised by the U.N. for contributing to peace and stability in Mali when the neighboring country was nearly overrun by jihadis a decade ago.
Compaore was ousted in 2014 after weeks of protests sparked by legislative proposals to remove term limits, which would have allowed him to extend his rule.
Compaore’s return has sparked mixed reactions.
He was recently tried in absentia and sentenced to life in prison after being found complicit in Sankara’s murder in 1987 and for undermining state security. Lawyers for the Sankara family have called for his arrest upon arrival, said a statement issued earlier this week seen by The Associated Press.
The military junta said Friday’s meeting doesn’t “hinder legal proceedings” against some of those attending, but didn’t elaborate on what that meant.
Compaore’s return is controversial and a step backward for the conflict-riddled nation, say conflict analysts.
“As much as current authorities are trying to make this look like part of reconciliation efforts, it also sends the wrong message,” said Rida Lyammouri, senior fellow at the Policy Center for the New South, a Moroccan-based organization.
“Removing Blaise from power in 2014 was celebrated as a victory against an authoritarian regime, but his return is yet another step back in Burkina Faso and its fight for a better democracy,” said Lyammouri.
Compaore’s return and the unusual gathering of former leaders is a move by the ruling junta to increase its legitimacy and to get the influential former leaders to endorse its agenda, said a European diplomat in Burkina Faso who insisted on anonymity because he was not authorized to speak to the media.
Junta leader Damiba came to power promising to secure Burkina Faso from jihadi violence but is struggling to stem the increasing insurgency. Friday’s meeting is the latest of a series of initiatives to strengthen military operations and improve relations with neighboring countries and the international community.
Last week the junta agreed to a 24-month transition period to elections starting from July, reducing its original timeline of three years, which prompted the 15-nation West African regional bloc, ECOWAS, to drop its threat of sanctions.
Some residents tired of the current violence, see Compaore’s return as a chance to move the nation forward.
“We, the traditional and customary leaders, seek national reconciliation, social cohesion and peace. This is the best security for all,” Ousmane Amirou Dicko, the Emir of Liptako, told AP. “We are not for the spirit of revenge.” | https://cw33.com/news/international/ap-international/burkina-fasos-ex-leader-compaore-returns-for-crisis-meeting/ | 2022-07-08T07:14:18Z |
Company investment of $400M over two years will increase advertising firepower; drive higher quality restaurant enhancements and remodels; and support ongoing technology and digital investments
Plan developed in collaboration with Burger King Franchisees and endorsed by more than 93% of U.S. Restaurants
MIAMI, Sept. 9, 2022 /PRNewswire/ - Burger King® Company ("Burger King," "BK," "Company," "Brand") today shared the details of its "Reclaim the Flame" plan to accelerate sales growth and drive Franchisee profitability. The plan was built in collaboration with Franchisee leaders from across the country and was shared with all U.S. Franchisees at its annual convention this week by Tom Curtis, President of Burger King North America.
The plan includes Burger King investing $400M over the next two years, comprised of $150M in advertising and digital investments to "Fuel the Flame" and $250M for a "Royal Reset" involving restaurant technology, kitchen equipment, building enhancements and high-quality remodels and relocations. This investment will work to enhance ongoing Franchisee investments to modernize the Burger King restaurant portfolio, and when combined with our brand re-positioning plan, menu enhancements and focus on operational excellence, will help drive our overarching goal of improving the Guest experience and attracting more traffic back to the brand over time.
Burger King Franchisees representing more than 93% of all U.S. restaurants have endorsed the plan and have agreed to co-invest in increased advertising firepower over the coming years. These corporate investments are in addition to Burger King recently expanding its field team to provide increased support to Franchisees as they continue improving restaurant-level profitability and execution.
Jose Cil, CEO of Restaurant Brands International ("RBI"), commented on the announcement:
"Over the past year, Tom has built a talented leadership team that has worked collaboratively with Burger King Franchisees to develop a multi-year plan to drive the performance of the system. We believe now is the time to make a significant investment to accelerate the work given the quality of the team, focus of the plan, commitment of our Franchisees and the opportunity that clearly exists for our iconic brand to Reclaim the Flame and be the first choice for a high-quality meal, an exceptional experience, and a great value."
Tom Curtis, President of Burger King North America, added:
"We are relentlessly pursuing a better experience for our Guests. This is the driving force behind all the initiatives that we are executing collaboratively with our Franchisees. Our plan is focused on a few important priorities — operational excellence, refreshed image, and enhanced marketing — that when put together, provide a superior experience for our Guests."
"I'm very proud and thankful that our Franchisees have stepped up once again to invest in our performance together, reflecting the genuine partnership and mutual respect we have built between the Franchisor and Franchisees. Ultimately, the success of this Reclaim the Flame plan comes down to execution at the restaurant level and we are so fortunate to have Franchisees who love this brand and are working closely with us to focus on the right priorities. I believe in this team, this plan, and a bright future as we evolve and enhance our Guest experience and drive profitable growth for the business."
Matt Dunnigan, Chief Financial Officer of RBI, commented:
"Our $400M investment into the Burger King U.S. system represents a substantial deployment of capital toward important marketing and image investments aimed at accelerating our sales growth and modernizing our iconic brand across the U.S. In 2023 and 2024, these investments are expected to have an average annual impact to adjusted EPS of approximately ($0.10) to ($0.12), before considering benefits from any potential sales improvements. In 2025 and beyond, we expect the impact to be accretive to adjusted EPS as our advertising investments conclude and we realize the long-term sales benefits of our Reclaim the Flame initiatives and increased advertising contributions from our system."
The Reclaim the Flame plan is designed with targeted initiatives that will work in concert with one another to improve all the fundamental aspects of Guest experience: perception of the brand; high-quality menu offerings at everyday value; engaging and relevant advertising; high quality modernization of our restaurants; and an all-around improved service and execution.
Burger King is refreshing and modernizing its brand, adding meaning and relevance to historical brand anchors like 'Flame Grilling' and 'Have it Your Way', while also introducing new brand elements to broaden its attraction for a younger and more diverse base of Guests.
Burger King has built a multi-year menu roadmap that is Guest-led and brand focused. Burger King will invest in premium branding to reaffirm the elevated position of its flame-grilled Whopper® and is developing new flavor extensions, while also focusing on Team Member training and rolling out kitchen enhancements to ensure exceptional execution at the restaurant.
The brand is also building a destination worthy Chicken Sandwich portfolio and has launched the Royal Crispy Chicken — a premium chicken sandwich with unique flavor variations built around a simplified menu and improved operations — resulting in a better Guest experience. This menu addition complements the long-standing and loved Original Chicken Sandwich — allowing the brand to strongly compete in the growing chicken sandwich market while still maintaining its focus on growing its core burger category.
Burger King is currently developing innovative products to accelerate industry leadership in burgers, breakfast, beverages, snacking, and plant-based products. In addition, the brand will continue to provide a strong everyday value offering in its menu, especially as the cost of food at home continues to face inflationary pressures.
Given our recent momentum and confidence in our multi-year plan, we believe now is the right time to significantly enhance our advertising firepower. In a historic agreement with its Franchisees, Burger King will invest $120M in its U.S. advertising fund over the next two years to grow traffic, accelerate sales growth and amplify the fundamental advancements we are making to the Guest experience. The Burger King advertising investment represents an annual increase of approximately 30% to the brand's media purchasing firepower, inclusive of advertising efficiencies we expect to achieve through our ongoing partnership with our new media agency. Following the investment period in 2023 and 2024, participating Franchisees have agreed to increase their advertising fund contributions by 50 basis points through 2028 if certain profitability thresholds are met, which we plan to share an update on annually. This plan has received the endorsement of Franchisees representing more than 93% of the system, all of whom have agreed to the new Fuel the Flame co-investment program over the past two months.
In addition, Burger King will invest $30M through 2024, in excess of the digital fees collected from Franchisees, to support our Guests ease of ordering on the Burger King app which includes integrated payment processing, enhancing the Royal Perks loyalty program, the addition of digital personalized offers, and improving the overall convenience of delivery and pick up options. This investment will continue to strengthen the brand's digital channels that now generate ~$900M of annual system-wide sales in the U.S.
The Burger King $250M investment plan will include two important components. The first involves investing $50M of capital over the next two years alongside a comparable co-investment from Franchisees in a restaurant refresh program touching ~3,000 restaurants across restaurant technology, kitchen equipment, and building enhancements. These investments are designed to ensure our restaurants are ready to deliver an exceptional Guest experience as we work to drive traffic back to the system aided by our menu enhancements and Fuel the Flame advertising investment.
In addition, Burger King is launching a Royal Reset remodel program that provides access to $200M of funding for ~800 restaurant remodel projects over the next two years. As part of this program, the company is changing its incentive structure, which has historically focused on advertising and royalty rate discounts for up to seven years. The Royal Reset remodel program is designed to improve returns on capital for our Franchisees by providing more substantial baseline incentives, access to additional contributions in exchange for a higher royalty rate election, and funding of these incentives in upfront cash at the time of remodel completion. The program will also offer greater financial support to better operators, adding further incentive for Franchisees to improve operations across the system.
The Royal Reset remodel program represents a shift toward higher quality remodels and creates a viable path toward modernizing the system. Through a more thoughtful approach and increased funding, we are establishing support for our Franchisees to address their most important investments and lay the foundation for sales and profitability growth in the years to come. This will be the first step toward a more consistent, long-term cadence of portfolio reimaging that is focused on smarter investments and executing with quality to drive sales growth and attractive returns on capital for both Burger King and its Franchisees.
We have historically maintained a reimaging program which has generated average year one sales uplifts of approximately +12% with sustained outperformance in comparable sales relative to non-remodeled restaurants of approximately 2%(1). While the historical sales uplift performance from prior reimaging programs is encouraging, we are focused on enhancing these results through improved project selection and more targeted scope management. We believe this new approach over the next two years will generate the momentum needed to transition into a sustainable reimaging program that reverts to more normalized capital contributions from Burger King in 2025 and beyond.
The Burger King contributions from the Royal Reset remodel program will be accounted for as royalty credits and recognized through our income statement over the life of the new Franchise Agreements, which will be up to 20-years. Given the long duration of the royalty credit amortization in our income statement versus the near-term benefits of royalty rate increases and sales uplifts from modernization, we do not expect any materially negative impact to the income statement from this program. If we are successful in generating sales uplifts consistent with historical experience or better, we expect the program will generate a positive return on our capital and be accretive over time.
The Burger King U.S. brand has substantially expanded its operations team and is intensely focused on creating a culture of "Repeatable Precision" at each restaurant, and improving the brand's employee value proposition to assist Franchisees to attract and retain valuable Team Members. Over the past year, the brand has worked closely with Franchisees to simplify menu items and restaurant operations, resulting in four consecutive quarters of improvements in key operating metrics and Guest satisfaction surveys. In early 2023, Burger King will host dozens of "Royal Roundtables" with restaurant managers and Franchisees across the U.S. to educate and energize restaurant teams as they implement meaningful operational changes within their restaurants.
Founded in 1954, the Burger King® brand is a global fast-food hamburger chain known for food quality and value as the only place guests can get the iconic flame-grilled Whopper® sandwich. The Burger King system operates more than 18,700 locations in more than 100 countries and U.S. territories. Almost 100 percent of Burger King restaurants are owned and operated by independent franchisees, many of them family-owned operations that have been in business for decades. To become a member of our Royal Perks loyalty program, please visit www.bk.com/signup. To learn more about the Burger King brand, visit the Burger King brand website at www.bk.com or follow us on Facebook, Twitter, Instagram and TikTok.
Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with over $35 billion in annual system-wide sales and over 29,000 restaurants in more than 100 countries. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.
Forward-Looking Statements
This press release includes forward-looking statements, which are often identified by the words "may," "might," "believes," "thinks," "anticipates," "plans," "expects," "intends" or similar expressions and reflect management's expectations regarding future events and operating performance and speak only as of the date hereof. These forward-looking statements include statements regarding: (i) the amount, timing and use of the additional investments related to digital, advertising and restaurant enhancements into the Burger King U.S. system and ability to achieve advertising efficiencies; (ii) the expected financial impacts of the Reclaim the Flame investments on RBI's results of operations, including our expectations that the costs of the plan will primarily impact 2023 and 2024 adjusted EPS and that the plan will be accretive in 2025 and beyond; (iii) our expectations regarding the amount and timing of Franchisee co-investments in the Reclaim the Flame program; (iv) the ability of the Reclaim the Flame plan to drive profitable growth for our Franchisees and the Burger King system, as well as our belief that the Royal Reset modernization investments will result in Franchisees substantially enhancing sales growth and their return on capital; (v) our intent to provide annual updates on future Franchisee contributions to the advertising fund; (vi) our belief that the Royal Crispy Chicken sandwich positions the Burger King brand to strongly compete in the chicken sandwich market; (vii) our belief that the implementation of the Reclaim the Flame plans will improve the experiences of our Guests and Team Members; and (viii) the anticipated accounting treatment of the investments associated with the Reclaim the Flame program.
The factors that could cause actual results to differ materially from our expectations are detailed in filings of RBI with the U.S. Securities and Exchange Commission and with the securities regulatory authorities in each province and territory of Canada, such as its annual and quarterly reports and current reports on Form 8-K and include the following: (1) risks related to RBI's ability to successfully implement the Reclaim the Flame plan and the ability of participating Franchisees to meet the profitability thresholds; (2) risks related to the franchised business model; (3) risks related to technology and the ability to successfully implement digital initiatives; (4) risks related to ownership and leasing of properties by us and our Franchisees; (5) risks related to our Franchisees financial stability and their ability and willingness to access and maintain the liquidity necessary to co-invest in the restaurant modernization initiatives; (6) risks related to the ability of the Burger King Franchisees to compete in an intensely competitive industry; and (7) changes in accounting, tax and other laws and regulations or interpretations thereof. Other than as required under U.S. federal securities laws or Canadian securities laws, we do not assume a duty to update these forward-looking statements, whether as a result of new information, subsequent events or circumstances, change in expectations or otherwise.
SUPPLEMENTAL: QUESTIONS AND ANSWERS
Fuel the Flame Advertising Investment
How much incremental investment per quarter?
- Burger King U.S. will pulse investments behind key initiatives as it sees opportunities in the market to drive sales.
- For competitive reasons, Burger King U.S. does not intend to signal in advance in which quarters or channels it will make incremental investments.
How will the Burger King advertising investment impact the income statement?
- The incremental investment will be reflected in the BK Segment Results and Consolidated Statements of Operations under "Advertising expenses and other services".
- The expense will be recognized in the period spent.
How will the Franchisee co-investment work for incremental advertising funds?
- Burger King has committed to invest $120M in advertising from Q4'22 – Q4'24.
- If system average EBITDA is in-line with 2019 levels by December 2024, then Franchisees will invest an incremental 50 basis points of sales into the advertising fund for 2025 and 2026.
- Following 2026, this 50-basis point investment will continue assuming reasonable growth in system average EBITDA has occurred.
- As of September 12, 2022, over 93% of the system have signed the new Franchise spending agreement to participate in the Fuel the Flame co-investment.
Royal Reset Refresh Program
What is the anticipated timing and scope of the $50M near-term Royal Reset Refresh Program initiative?
- Burger King expects to deploy $50M over the next 24 months which will be spent on restaurant technology.
- The investment will target restaurants that would benefit most significantly and will be done in partnership with Franchisees who match the investment, through spending on kitchen equipment and building enhancements, resulting in approximately a $100M total investment in the system.
How will the $50M restaurant refresh program impact RBI's financial statements?
- Income Statement Expenses: The Royal Reset refresh program investment will be capitalized and recognized in Depreciation and Amortization, which the company expects will carry an average depreciable life of approximately 5-7 years.
- Statement of Cash Flows: The investment will be accounted for as capital expenditure and appear under "Payments for property and equipment" under "Cash flows from investing activities".
Royal Reset Remodel Program
What is the anticipated timing and scope of the $200M Royal Reset remodel program?
- The Royal Reset remodel program is targeting approximately 800 high-quality projects from 2023 to 2025, supported by a bottoms-up approach focused on maximizing returns on investment.
- We expect to formalize commitments for all $200M by the end of 2024, with the cash largely deployed by the end of 2025 given project lead times.
- We expect the significant majority of remodels under the Royal Reset program to be completed in 2023 and 2024, supported by benefits from the Fuel the Flame and Royal Reset refresh programs.
- Following the completion of the program, we expect to revert to more normalized capital contributions from Burger King in 2025 and beyond.
How will the size of the Burger King remodel investments be determined?
- The level of investment by Burger King U.S. for each remodel will depend on the following:
- Scope of remodel: Ranges from lower capital intensity upgrades costing ~$500K to more capital intense and comprehensive rebuilds costing ~$1.8M.
- Quality of operations: Access to greater funding for Franchisees with better operations as determined by their 'Franchisee Success Score', tied to our recently revamped operational success program.
- Royalty rate increases: Franchisee in good standing will have access to greater relative levels of funding should they opt for an increased royalty rate between our standard 4.5% and a maximum of 6.0%.
How will the Royal Reset remodel investments impact RBI's financial statements?
- Income Statement:
- Statement of Cash Flows: The remodel investment will appear on the cash flow statement as a change in "Other long-term assets and liabilities" under "Cash flows from operating activities" at the time of remodel completion.
What is the difference between this incentive structure and prior remodel programs?
- Prior remodel programs primarily identified opportunities based on franchise agreement expiration schedules rather than identifying the highest potential return projects.
- In addition, unlike prior programs where Franchisees were incentivized with royalty rate and advertising fund discounts over up to seven years, the Royal Reset remodel program will deliver 100% of our contribution at the time of remodel completion and provide access to greater levels of funding as compared to past programs.
- The Royal Reset remodel program represents a shift toward higher quality remodels and greater support for Franchisees to amplify our system modernization. Through more refined site and scope selection, along with increased funding, Franchisees can substantially enhance their restaurant image with strong returns on capital to lay the foundation for sales and profitability growth in the years to come.
- This remodel investment program is also expected to provide Burger King U.S. with a positive return on capital over time through sales improvements and higher average royalty revenue.
What level of sales uplift do you expect from Royal Reset remodels?
- Historically, remodeling efforts have generated average year one sales uplifts of approximately +12%2.
- After the initial sales uplifts, remodeled restaurants have also experienced sustained outperformance in comparable sales relative to non-remodeled restaurants of approximately 2%.
- While we believe the historical performance is encouraging, Burger King looks to build on this progress in future years through improved project selection and scope management.
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SOURCE Restaurant Brands International Inc. | https://www.kxii.com/prnewswire/2022/09/09/burger-king-announces-reclaim-flame-plan-accelerate-growth-us/ | 2022-09-09T18:39:46Z |
NEW YORK, July 13, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Teladoc Health, Inc. ("Teladoc" or the "Company") (NYSE: TDOC) and certain of its officers. The class action, filed in the United States District Court for the Southern District of New York, and docketed under 22-cv-04687, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Teladoc securities between October 28, 2021 and April 27, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Teladoc securities during the Class Period, you have until August 5, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Teladoc provides virtual healthcare services in the U.S. and internationally through Business-to-Business and Direct-to-Consumer ("D2C") distribution channels. The Company offers its customers various virtual products and services addressing, among other medical issues, mental health through its BetterHelp D2C product, and chronic conditions.
Teladoc touts itself as "the first and only company to provide a comprehensive and integrated whole person virtual healthcare solution that both provides and enables care for a full spectrum of clinical conditions." Despite recent market concerns over new entrants to the telehealth field, such Amazon.com, Inc. and Walmart Inc., the Company has continued to assure investors of the Company's dominant market position in the industry.
In fact, as recently as February 2022, Teladoc forecasted full year ("FY") 2022 revenue of $2.55 - $2.65 billion, as well as adjusted earnings before interest, taxes, depreciation, and amortization ("EBITDA") of $330 - $355 million, on anticipated continued growth through its competitive advantages.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
On April 27, 2022, Teladoc announced its first quarter ("Q1") 2022 financial results, including revenue of $565.4 million, which missed consensus estimates by $3.23 million, and "net loss per share of $41.58, primarily driven by [a] non-cash goodwill impairment charge of $6.6 billion or $41.11 per share." Additionally, the Company revised its FY 2022 revenue guidance to $2.4 - $2.5 billion and adjusted EBITDA guidance to $240 - $265 million "to reflect dynamics we are currently experiencing in the [D2C] mental health and chronic condition markets." On a conference call with investors and analysts that day to discuss Teladoc's Q1 2022 results, Defendants largely attributed the Company's poor performance, revised FY 2022 guidance, and $6.6 billion non-cash goodwill impairment charge to increased competition in its BetterHelp and chronic care businesses.
On this news, Teladoc's stock price fell $22.48 per share, or 40.15%, to close at $33.51 per share on April 28, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.wibw.com/prnewswire/2022/07/13/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-teladoc-health-inc-class-action-lawsuit-upcoming-deadline-tdoc/ | 2022-07-13T23:13:53Z |
Celebrities – Including Earvin "Magic" Johnson, Lily Tomlin, Gayle King, Lance Bass and More – Join Social Media Challenge to Share Seniors' Words of Wisdom
ALEXANDRIA, Va., Aug. 8, 2022 /PRNewswire/ -- Meals on Wheels America – the national leadership organization supporting the more than 5,000 community-based programs dedicated to addressing senior hunger and isolation across the U.S. – has joined forces with many of its celebrity supporters to launch the #RespectYourElders campaign, garnering support for America's aging population and raising awareness for the importance of honoring seniors nationwide. The social media challenge is simple – share heartwarming videos or photos that raise up the stories, smiles and charming personalities of meaningful elders in your life – and it comes at a crucial time when America's seniors are lonelier than ever, with millions homebound and living by themselves without family or friends nearby.
We all have the power to help change that, so Meals on Wheels America is issuing a call to value our senior neighbors before they are completely left behind. After all, there is so much we can learn by spending time with our elders and it's important to spread the wisdom and stories they share with us to others, while doing everything in our power to nourish their lives and let them know they are not alone.
Many of the organization's celebrity supporters will take to social media throughout August to share words of wisdom from their own older loved ones and encourage their followers to do the same. Famous participants include NBA legend Earvin "Magic" Johnson, actors Lily Tomlin, Andrew Burnap, Annaleigh Ashford, Danny Burstein, Gail Bean, Jalyn Hall, Poorna Jagannathan, Ramona Young and Zyra Gorecki, and singers Lance Bass and Coffey Anderson.
"I always admired my mom for her warmth and kindness," shared Lily Tomlin when asked who she is spotlighting in support of the campaign. "One of the greatest things she taught me is that there's always room at the table for one more. That's why I'm answering Meals on Wheels America's call to #RespectYourElders."
Additionally, renowned journalist Gayle King recently joined Meals on Wheels America to support the campaign by hand-delivering meals to seniors in New York City and said, "Everybody I know likes to eat, but imagine if you had no way or means to get to the grocery store or a restaurant. Sadly, that's the reality for many who are elderly in our city. That's why when Meals on Wheels asked if I wanted to help deliver lunch and dinner to people who need it most, I said, 'Yes, please sign me up!' Now, it's your turn."
Millions of seniors are homebound and nearly a third of those who live alone spend almost all of their time by themselves. Supporting Meals on Wheels today provides the food, compassion and hope that can not only brighten their days but change their lives.
"At Meals on Wheels, we don't just nourish seniors' bodies through our food deliveries, but their souls as well because, for many, our volunteers provide the only human contact they have all week," said Ellie Hollander, President and CEO of Meals on Wheels America. "The #RespectYourElders campaign is meant to encourage people to connect with the seniors in their lives, from family and friends to neighbors. They need us and, as our Meals on Wheels volunteers who help us in our mission to combat senior isolation could tell you, there is so much we can learn from them."
Head to www.mealsonwheelsamerica.org/respect to learn more about how you can get involved with the #RespectYourElders campaign and support Meals on Wheels' crucial work.
Meals on Wheels America is the leadership organization supporting the more than 5,000 community-based programs across the country that are dedicated to addressing senior hunger and isolation. This network serves virtually every community in America and, along with more than two million staff and volunteers, delivers the nutritious meals, friendly visits and safety checks that enable America's seniors to live nourished lives with independence and dignity. Through funding, leadership, education, research and advocacy, Meals on Wheels America empowers its local member programs to strengthen their communities, one senior at a time. For more information, or to find a Meals on Wheels provider near you, visit www.mealsonwheelsamerica.org.
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SOURCE Meals on Wheels America | https://www.wibw.com/prnewswire/2022/08/08/meals-wheels-america-celebrity-supporters-issue-national-call-respectyourelders/ | 2022-08-08T13:53:15Z |
ALBUQUERQUE, N.M. (AP) — The son of an Afghan refugee suspected in the shooting deaths of four Muslim men in New Mexico will remain in custody pending trial on a charge that he allegedly provided a false address on a form when purchasing a gun last year.
Shaheen Syed, 21, appeared in U.S. district court in Albuquerque on Monday, with the judge granting a motion by federal prosecutors to keep him behind bars pending the ongoing investigation.
In their motion, prosecutors pointed to cellphone records that they say show Syed possibly helped his father track Naeem Hussain, a 25-year-old man from Pakistan who was fatally shot on Aug. 5 in the parking lot of a refugee resettlement agency in southeast Albuquerque.
“The evidence that agents have been able to gather thus far in this rapidly unfolding investigation is obviously alarming with respect to the defendant’s short and frequent communications with his father both before and after the murder of Naeem Hussain,” the motion stated.
Albuquerque police have charged Muhammad Syed, 51, with murder in the deaths of Aftab Hussein and Muhammad Afzaal Hussain. Hussein, 41, was slain on the night of July 26 after parking his car in the usual spot near his home. Afzaal Hussain, a 27-year-old urban planner who had worked on the campaign of a New Mexico congresswoman, was gunned down on the night of Aug. 1 while taking his evening walk.
The elder Syed is the primary suspect — but hasn’t been charged — in the death of Naeem Hussain and the slaying of Muhammad Zahir Ahmadi, a 62-year-old Afghan immigrant who was fatally shot in the head last November behind the market he owned in the city.
Court documents filed in federal court provided more details about Naeem Hussain’s killing, saying it appeared he had been followed to Lutheran Family Services, the resettlement agency, following funeral services for two of the other shooting victims. Shots were fired at his SUV around 4 p.m., striking him in the head and the arm.
Prosecutors claim that Shaheen Syed spoke with his father when his phone was somewhere in the general area of the Islamic Center of New Mexico and soon after his father’s phone pinged in an area that included Lutheran Family Services.
After Hussain was fatally shot, Shaheen Syed’s phone moved to an area closer to the crime scene, according to the motion. Ten minutes after the shooting, the motion states the men shared a second call as their phones remained in the “general area of the murder.”
Syed’s attorney argued that prosecutors gave no indication of the size of the area that his phone was in relative to the shooting.
The Syed family home is a few minutes drive from both the Islamic Center and Lutheran Family Services.
John Anderson, Shaheen Syed’s attorney, did not return messages seeking comment but said in court filings that the allegations against his client were “thin and speculative.”
“The United States’ motion boils down to an effort to detain defendant for a crime with which he has not even been charged,” Anderson argued, referring to the slayings of the Muslim men.
Anderson also included a photo of a Florida driver’s license issued to Shaheen Syed in 2021, contradicting prosecutors’ claims that he misrepresented himself as a Florida resident while making a purchase at an Albuquerque gun store.
Prosecutors also presented prior police reports of Shaheen Syed allegedly beating his father and sister and an unrelated incident in which he and his brother were allegedly involved in a shooting outside a Walmart.
Court documents state that two guns purchased by Syed and his father at an Albuquerque gun store in July had been partially painted white. The guns were seized during a search of the family’s home; and testing determined bullet casings found at the July 25 and Aug. 1 shootings matched the rifle that belonged to Muhammad Syed.
Casings found at one of the crime scenes also matched a handgun found in the elder Syed’s vehicle when he was taken into custody, according to a criminal complaint.
Muhammad Syed is scheduled to appear before a state district judge Wednesday as prosecutors seek to have him detained without bond pending trial on the two counts of murder. | https://cw33.com/news/u-s-news/ap-us-headlines/son-of-suspect-in-muslim-slayings-to-remain-in-custody/ | 2022-08-16T00:50:22Z |
Kansas City Chiefs start mandatory minicamp
The Kansas City Chiefs return to the practice field for mandatory minicamp
KANSAS CITY, Mo. (KCTV) -The Kansas City Chiefs started mandatory minicamp Tuesday with almost a full squad as defensive end Frank Clark was not in attendance, and no official reason was given beyond that it was his birthday. A major focus for the Chiefs will be on the wide receiver position as the team moves forward into the season without all-pro wideout Tyreek Hill. All 13 receivers that are on the Chiefs roster were at minicamp.
The Chiefs are going into their first season without Hill, but this group of wideouts feels like they have a lot to offer in Hill’s absence. “I still think we will be explosive and a great offense. We still have the best tight end and quarterback in the league. The new guys are learning the playbook and the standard that we have here, so we are going to be just fine.” Chiefs receiver Mecole Hardman said.
The Chiefs also made a roster move letting go of reserve offensive lineman Darryl Williams to resign veteran running back Jerick McKinnon to a one year deal. McKinnon during the playoffs last season led the Chiefs in rushing with 150 yards and had 14 catches for 165 yards.
Mandatory minicamp for the Chiefs continues through Thursday at their practice facilities.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/06/15/kansas-city-chiefs-start-mandatory-minicamp/ | 2022-06-15T15:32:52Z |
Global survey of technology leaders reveals how automating infrastructure combats business risks and accelerates application development
AUSTIN, Texas, June 8, 2022 /PRNewswire/ -- Quali, a leading provider of Environments-as-a-Service infrastructure automation solutions, today announced the results of a commissioned study conducted by Forrester Consulting on behalf of Quali, confirming that IT leaders are turning to infrastructure automation to help their organizations mitigate risk, streamline costs and accelerate innovation.
"As organizations scale application development to keep pace with modern technology and an increasingly competitive market landscape, they're experiencing real growing pains related to the infrastructure they need and the associated challenges around access, cost and security." said Lior Koriat, CEO of Quali. "The demand for infrastructure automation is increasing because organizations need to increase productivity without sacrificing control, primarily threading the needle to achieve speed and performance while managing infrastructure costs and maintaining security and compliance standards for that infrastructure."
The study, entitled "Scale and Innovate with Infrastructure Automation," surveyed 268 global IT and operations decision makers at enterprise companies revealing why infrastructure automation is increasingly critical for IT to support business transformation. Key findings of the study suggest:
- Strong business growth and evolving market demands add pressure for businesses to deliver applications with greater velocity. To do so, IT leaders know they must improve CX through new tech or infrastructure.
- Infrastructure teams are directly impacted because current infrastructure environments and capabilities are outdated and prohibit organizations from achieving their goals.
- IT leaders believe infrastructure automation will help their organizations deliver faster in the midst of complexity and chaos. Governance is a key enabler in balancing speed and performance with risk.
- Technology leaders view infrastructure automation as a way to simplify the complexity of heterogeneous, hybrid-cloud environments, enabling quicker time-to-delivery. This is seen as a key enabler of fiscal growth.
The study concludes that there is an increased demand for infrastructure automation now due to greater business requirements, the emergence of new technologies, and the increasing maturity of automation capabilities. I&O teams are shifting their focus left to improve outdated infrastructure environments and processes.
To learn more, click here to visit our website and download a full copy of the study.
Headquartered in Austin, Texas, Quali provides the leading platform for Environments-as-a-Service infrastructure automation solutions, helping companies achieve freedom from infrastructure complexity, so they can operate with velocity. Global 2000 enterprises and innovators everywhere rely on Quali's award-winning CloudShell and Torque platforms to create self-service, on-demand automation solutions that increase engineering productivity, cut cloud costs, and optimize infrastructure utilization. For more information, please visit quali.com and follow Quali on Twitter and LinkedIn.
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SOURCE Qualisystems USA Inc. | https://www.wibw.com/prnewswire/2022/06/08/research-finds-technology-leaders-adopting-infrastructure-automation-solve-key-business-challenges/ | 2022-06-08T13:13:20Z |
Award-Winning Periodontist Adds to Brass Collection of Celebrated Trumpeters
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- Dr. Peter Rosenstein, owner of the NYPOIA, a periodontal practice, an award-winning New York City periodontitis and trumpet player, has successfully purchased at auction a trumpet once owned by big band era leader Harry James. A Grammy honoree and Hollywood actor best known for his instrumental version of the 1941 song "You Made me Love You," James also led the first-ever high-profile band to feature legendary vocalist Frank Sinatra.
The James trumpet is the latest addition to Dr. Rosenstein's Manhattan office exhibit of musical paraphernalia, which now includes autographed trumpets from Grammy Award-winning musicians Herb Alpert and Wynton Marsalis, as well vintage photos and other related objects. "I have been collecting antique jukeboxes, phonographs, radios, and telephones for many years," says Dr. Rosenstein. "When I became a trumpet player, the trumpet-related articles became a natural extension of this hobby."
A passion for the trumpet began two decades ago for Dr. Rosenstein, who has earned degrees from Johns Hopkins University and New Jersey Dental School and has practiced periodontics as a gum specialist for more 30 years. His office uses state-of-the-art technology to provide the highest quality and safest dental implant, periodontal, and bone regenerative treatment for patients.
In addition to dentistry, Latin music has also been a lifelong love of Dr. Rosenstein. For several years, he studied at La Escuela de Musica y Artes in Cuba and earned a music degree. A member of a salsa band for 10 years, Dr. Rosenstein now performs the trumpet with a church choir at a Spanish-language Mass on Sundays.
Dr. Rosenstein also shares the sound of his music through social media. His most recent project has been recording his first song "Guaguanco de Alegria." The song attracted the attention of a music director at the A&E Network, who subsequently produced a video to accompany it. Since its release in the summer of 2022, the song has gained more than 100,000 followers. "I've been passionate about Latin music since I was a child listening to the music of Xavier Cugat on my parents' Wurlitzer jukebox," he says. "From then on, I always dreamed of going to Cuba to study the music further, and as such, the music and culture have become part of my soul."
Dr. Peter Rosenstein
www.nypoia.com
rosenstein@aol.com
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SOURCE NYPOIA | https://www.wibw.com/prnewswire/2022/08/11/trumpet-band-leader-harry-james-hits-high-note-dental-office-exhibit/ | 2022-08-11T15:27:12Z |
CEDARHURST, N.Y. , June 1, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Oscar Health, Inc. (NYSE: OSCR), if they purchased the Company's securities between March 5, 2021 and March 22, 2022, inclusive (the "Class Period"). Shareholders have until July 19, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/okta-inc-nasdaqgs-okta/https://kclasslaw.com/cases/securities/nyse-hmlp/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.wibw.com/prnewswire/2022/06/02/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-okta-inc-okta/ | 2022-06-02T04:02:56Z |
Guidehouse emerges as a top professional services firm brand; Accelerated ability to close valuable acquisitions and forge new partnerships
WASHINGTON, Aug. 29, 2022 /PRNewswire/ -- Guidehouse, a leading global provider of consulting services to public sector and commercial clients, is proud to announce that it has been named a 2022 Fastest Growing Firm by Consulting Magazine. The prestigious list recognizes the profession's top movers and shakers in terms of revenue growth over the past three years.
Guidehouse has continued to make its mark as one of the nation's fastest-growing consulting firms over the past several years, growing both organically and inorganically to become a next-generation consultancy.
Further underscoring its growth, Guidehouse used the pandemic closure to reimagine the office of the future and opened a new headquarters in McLean, VA to reflect employees' post-pandemic needs, and enhanced employee-dedicated programs including retention and redeployment initiatives that allowed Guidehouse to avoid COVID-related layoffs, resulting in the company's higher year-over-year ranking as a Great Place to Work-Certified™ Company.
"Our mission at Guidehouse is to help clients address their most complex challenges as they build trust in society and shape a new, more resilient future. This is driven by our talented workforce, where differences are embraced and viewed as instrumental in how we build the best teams to tackle complexity," said Scott McIntyre, Chief Executive Officer at Guidehouse. "Being named again to Consulting Magazine's Fastest Growing Firms is an incredible honor and a direct reflection of our people – their focus, innovation, and dedication."
With 13,000+ employees and subject matter experts, Guidehouse is a next generation consultancy focused on the 21st century challenges that has the insights and expertise across a range of consulting, digital services, and managed services. With agility and scale unseen in legacy consulting models, Guidehouse creates innovative solutions that help their clients outwit complexity and position them for future growth and success.
For more information about Consulting Magazine's list of Fastest Growing Firms, please visit https://www.event.consultingmag.com/fastest-growing-firms.
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 13,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.
Media Contact:
Guidehouse
Cecile Fradkin cfradkin@scprgroup.com
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SOURCE Guidehouse | https://www.wibw.com/prnewswire/2022/08/29/guidehouse-named-fastest-growing-firm-by-consulting-magazine/ | 2022-08-29T13:50:59Z |
Man accused of being involved in the shooting death of TikTok star’s son, authorities say
PRICHARD, Ala. (WALA) – Authorities in Alabama have charged a 20-year-old in connection to the death of a TikTok star’s son, according to the district attorney’s office.
Reuban Gulley is accused of being involved in the shooting death of Randon Lee, 18, at a gas station in June, just days before his 19th birthday, WALA reports.
Investigators said Lee, the son of TikTok star Ophelia Nichols, was shot after he met up with two people to sell them marijuana.
Nichols turned to social media after her son’s death to plead for answers.
“I have never asked y’all for anything -- but I need your help with this, there’s almost 7-million people that follow me -- somebody’s got to know something,” said a tearful Ophelia Nichols, known as Mama Tot on TikTok (account: ‘shoelover99′). “He was just 18 years old -- that’s the best part of somebody’s life. And I know they’re out there in my town -- they’re out there.”
While Gulley was charged with murder, it’s unclear if investigators believe he was the shooter or getaway driver.
Copyright 2022 WALA via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/19/man-accused-being-involved-shooting-death-tiktok-stars-son-authorities-say/ | 2022-08-19T14:49:35Z |
Baby eel value up to pre-pandemic levels despite challenges
By PATRICK WHITTLE
Associated Press
PORTLAND, Maine (AP) — Concerns that war in Europe or fickle weather might hold back one of America’s most valuable fisheries appear to have been unfounded. Baby eels, also called elvers, are one of the most lucrative wild fish species in the U.S. Maine is the only state in the country with a sizeable baby eel fishing industry, and the price for the tiny fish is back up to pre-pandemic levels this spring. Maine regulators reported Monday that fishermen are selling the baby eels for $2,110 per pound at docks. They’ve also run through more than four-fifths of their quota for the year. | https://localnews8.com/news/ap-national-business/2022/04/11/baby-eel-value-up-to-pre-pandemic-levels-despite-challenges/ | 2022-04-11T19:06:52Z |
She’s No. 1: Swiatek downs Osaka 6-4, 6-0 to win Miami Open
MIAMI GARDENS, Fla. (AP) — Iga Swiatek ended her journey to the women’s No. 1 ranking in fitting fashion. Swiatek continued her searing start to 2022 on Saturday, beating Naomi Osaka 6-4, 6-0 to win the women’s title at the Miami Open and extend her winning streak to 17 matches. Swiatek will replace the now-retired Ashleigh Barty at No. 1 in the women’s rankings officially when the points are updated Monday. She also completed the so-called Sunshine Double by winning both Indian Wells and Miami. She’s the fourth woman to do so, joining Victoria Azarenka in 2016, Kim Clijsters in 2005 and Steffi Graf in 1994 and 1996. | https://localnews8.com/sports/ap-national-sports/2022/04/02/shes-no-1-swiatek-downs-osaka-6-4-6-0-to-win-miami-open/ | 2022-04-02T22:14:11Z |
AUSTIN, Texas, June 8, 2022 /PRNewswire/ -- Aurigo Software, North America's leading capital planning and construction management software provider, announced it has entered into contracts with the cities of Colorado Springs (Colorado), St. Petersburg, (Florida), and Pearland (Texas) to implement Masterworks, the company's flagship cloud platform. The software will help manage the cities' capital improvement programs, which are expected to expand over the next decade with the passing of last year's bipartisan Infrastructure Investment and Jobs Act.
"The public sector is adopting digital technologies to streamline their operations and provide more reliable outcomes to their constituents," said Josh Moriarty, Aurigo's Vice President of Customer Success. "We're honored to work with some of America's finest public works departments to modernize their process and help them deliver their capital assets faster."
Each of the cities sought out a technology provider to support an increased investment in new infrastructure assets, revitalization projects, and repairs. St Petersburg is delivering the largest capital budget in City history that will upgrade water and wastewater systems, improve downtown parking, and help sustain the City's Complete Streets initiative. Colorado Springs, which has seen its population increase by about 15 percent over the last decade, is in the middle of a five-year plan that makes critical roadway improvements, upgrades the City's airport facilities, and expands trails and parkland in the area. Pearland's 2022–2026 capital improvement budget of approximately $471 million will improve drainage systems, street paving and extensions, and community facilities, including an animal shelter, fire stations, and libraries.
Aurigo will work with the three agencies to deliver not only the necessary workflow automation and collaboration tools to support construction activities, but the system will also act as a single repository for capital program data to help officials make quicker decisions based on real time information. The platform can bring together both internal and external stakeholders on projects to ensure that all parties are working off the same dataset, promoting transparency and public accountability. Masterworks also includes key capabilities to manage schedule, budget, and risk across an agency's capital program lifecycle and integrates with existing enterprise systems where needed.
Colorado Springs, St. Petersburg, and Pearland join Aurigo's growing list of local and regional government clients in public works, transit, and water and wastewater including the cities of Houston, Seattle, and Las Vegas, Dallas Area Rapid Transit, and Tampa Bay Water District. Aurigo is one of only a small number of firms on the StateRAMP Authorized Vendor List and the Masterworks product suite has been available on the Federal Risk and Authorization Management Program (FedRAMP) marketplace since late 2020.
Aurigo builds software that helps build the world. Aurigo provides modern, cloud-based solutions for capital infrastructure and private owners to help them plan with confidence and build with quality. With more than $300b of capital programs under management, Aurigo's solutions are trusted by over 300 customers in transportation, water and utilities, healthcare, higher education, and the government on over 40,000 projects across North America. Aurigo helps capital program executives make better decisions based on proprietary artificial intelligence and machine learning technology. Aurigo is a privately held U.S. corporation headquartered in Austin, Texas, with global offices in Canada and India. Learn more at www.aurigo.com.
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SOURCE Aurigo Software Technologies | https://www.mysuncoast.com/prnewswire/2022/06/08/aurigo-software-partners-with-cities-colorado-springs-st-petersburg-pearland-deliver-key-infrastructure-programs/ | 2022-06-08T13:44:01Z |
DrTalks.com has partnered with Laura Frontiero, FNP-BC, and 40+ experts to dive into the explosive potential of mitochondria at an 8-day virtual summit.
CARLSBAD, Calif., Aug. 11, 2022 /PRNewswire/ -- Join DrTalks.com with the creator of "Reclaim Your Energy Edge," Laura Frontiero, FNP-BC, from Tuesday, August 23rd through Tuesday, August 30th for the Restore Your Mitochondrial Matrix Summit, a free virtual event exploring the impact of mitochondrial health on focus, energy, and productivity. Featured guests include Kashif Khan (CEO of The DNA Company), Cynthia Thurlow (Best-Selling Author), and Dr. Wendie Trubow (Functional Medicine Expert). Each expert will be interviewed directly by Laura Frontiero, FNP-BC.
We all experience two kinds of energy: body energy and cellular energy. We talk a lot about body energy. It's what we feel with a jolt of caffeine and lack when we miss a few hours of sleep. But cellular energy is deeper. It's the energy we create within our cells to do everything from sleeping and singing to writing novels and creating business plans. And it comes from healthy, functional mitochondria - aka the powerhouse of the cell. To be focused, productive, and thriving, you need healthy mitochondria.
The Restore Your Mitochondrial Matrix Summit brings together more than 50 guest speakers, including doctors, women's health experts, functional medicine practitioners, naturopaths, chronic illness experts, and more to discuss all the ways our mitochondria impact our mental and physical well-being. Topics will center around mitochondrial health, including signs of mitochondrial dysfunction, ways to support healthy mitochondria, complementary treatments, and more. Attendees will discover practical and effective ways to boost their energy, regain focus, and become the powerhouses of productivity they KNOW you can be - because they used to be!
This summit is for anyone who wants to supercharge the energy-creation center of their cells for improved focus, motivation, and productivity. Register for the Restore Your Mitochondrial Matrix Summit and reclaim your energy edge!
About Laura Frontiero: Laura Frontiero, FNP-BC, has spent more than 22 years blending traditional and functional medicine to help her clients boost their energy, balance their hormones, renew their mental focus, feel great in their bodies, and be productive again. She believes the key to optimal wellness is identifying and clarifying the root causes of our underlying health problems, starting with inflammation, gut health, and mitochondrial function.
Media Contact
Christi Simoneaux
christi@drtalks.com
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SOURCE DrTalks | https://www.mysuncoast.com/prnewswire/2022/08/11/regain-your-energy-edge-with-supercharged-mitochondria/ | 2022-08-11T17:23:38Z |
ZHUHAI, China, June 28, 2022 /PRNewswire/ -- Pantum, a brand that develops, manufactures, and sells laser printers and toner cartridges around the world, announced a new monochrome laser printer series M7310 equipped with upgraded features to help enhance productivity for office workers. The new line-up is mainly suited for enterprises, government organizations, and it expands Pantum's high-end series by providing customers with additional options and a better printing experience.
All models of the new series boast convenient and quick printing, scanning and photocopying. The new M7310 series inherits all the robust functionality and smart features from the high-end Pantum 4S series predecessors while leveraging Pantum's pioneering technologies to further improve efficiency and connectivity to help businesses speed up their workflow.
The difference from the previous multi-function model, and also the innovation, is that M7310 series optimizes the flatbed scanning function, enabling users to combine multiple scans into one single file and export with one click, saving time for merging the digital pages manually afterwards. In addition, the new models support 5G and 2.4G Wi-Fi, giving faster wireless transfer speeds while strengthening anti-interference capabilities to enhance operational stability.
Moreover, the new M7310 achieves 33ppm when printing A4-sized paper. Powered by Auto Duplex Printing and a 3.5-inch touch display, it can help users get jobs done with tap-and-swipe ease. It also features a confidential print function for enhanced protection of privacy and important documents.
With sustainability in mind, all the new series also showcase Pantum's eco-friendly design. The solution, that separates the printer's drum unit and toner cartridge, can boost the longevity of the drum unit, enabling users to reduce waste footprint and minimize the impact on the environment.
About Pantum
Founded in 2010, Pantum is a printer manufacturer, with its business covering printers, printing materials, and printing solutions and services. In 2011, Pantum began its overseas expansion with a current global footprint of dozens of countries. With its patented technology, Pantum is committed to meeting evolving printing needs by offering economical, user-friendly, and energy-efficient products as well as reliable printing solutions. Today, Pantum is now also bringing greater value to its customers through its cost-effective products and premium services.
For more information, please visit our website, Facebook, Instagram, and YouTube
For any media inquiries, please contact: info@pantum.com.
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SOURCE Pantum | https://www.mysuncoast.com/prnewswire/2022/06/29/pantum-launches-new-3-in-1-monochrome-laser-printer-series-m7310-with-enhanced-connectivity-printing-capability/ | 2022-06-29T04:42:18Z |
Reviver products will soon be available for Colorado consumer and commercial business vehicles as the state becomes the fifth to authorize road use of digital license plate technology.
SACRAMENTO, Calif., July 6, 2022 /PRNewswire/ -- Reviver, a technology company and developer of the digital license plate, today announced the passage of the Motor Vehicle Digital Number Plates bill (HB22-1162). The bill authorizes digital license plates to be used in place of metal license plates if the registration number and expiration date are visible from 100 feet away in the sunlight. The bill also allows the Department of Revenue to permit messaging and other functionality on digital plates, and prompts the Department, in consultation with Colorado State Patrol, to adopt rules for using digital license plates.
"We are incredibly proud to reach this important milestone as we look to expand access to Reviver's products and make digital license plates available to vehicle owners in the great state of Colorado," said Neville Boston, Reviver Co-Founder and Chief Strategy Officer. "Our mission is to transform vehicle ownership and registration into a more seamless and modern experience, and we can't thank our many partners throughout the state – legislators, government representatives, transportation officials, and others – who have supported us on this journey and helped open the doors of opportunity in yet another state."
Soon to be available in Colorado, The RPlate – Reviver's consumer digital license plate product – offers two device options: a battery-powered, self-installed model with a replaceable 5-year battery available at $19.95/month; and a hard-wired, professionally installed model with integrated telematics features and a backlit display, at $24.95/month. Both devices offer users a new platform to connect their vehicle with a set of services including registration renewal, vehicle location services, and security features such as easily reporting it stolen.
Commercial fleet businesses in Colorado will soon be able to access digital license plates via RFleet, which combines the RPlate, a tamper-proof digital license plate device with integrated telematics capabilities, along with the RFleet Software Dashboard. RFleet offers a suite of features tailored to businesses managing vehicle fleets, including automated vehicle registration and compliance, as well as a robust set of telematics and safety features.
"As everything in automotive and society in general is going electronic, now so can your vehicle registration and license in the state of Colorado," said Tim Jackson, President and CEO, Colorado Automobile Dealers Association. "To benefit both safety and convenience, the Colorado General Assembly teamed with Reviver to enable the most technologically advanced electronic license plate available anywhere, so it will soon be available for Colorado residents."
"A digital option for license plates embraces Colorado's innovative spirit," stated Col. Matthew C. Packard, Chief of the Colorado State Patrol. "As this technology is implemented, we will be working together to ensure their deployment is in the best interest of public safety."
Reviver's digital license plates are currently legal for sale and DMV registration in California, Michigan, Arizona, and Texas for commercial fleet vehicles. More than 10 additional U.S. states are in various stages of adoption.
ABOUT REVIVER
Reviver™ is a technology company on a mission to modernize the driving experience. As developer of the world's first digital license plate platform, Reviver products transform the license plate into a connected vehicle platform, enabling consumers and commercial businesses to digitize vehicle registration renewals and experience a growing set of personalization, convenience, and safety features, all managed through a mobile or web app interface. Reviver's digital license plates are legal for sale in Arizona, California, and Michigan, along with Texas for commercial fleet vehicles. Ten additional states are in various stages of adoption. Founded in 2009, Reviver is headquartered in Northern California. For more information, visit www.reviver.com.
Media Contact Matt Jaffe
matt@relativity.ventures
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SOURCE Reviver | https://www.wibw.com/prnewswire/2022/07/06/reviver-announces-passage-legislation-authorize-digital-license-plate-use-colorado-enabling-digital-license-plate-sales-following-state-implementation/ | 2022-07-06T16:43:47Z |
WASHINGTON, July 11, 2022 /PRNewswire/ -- Lee esta nota de prensa en español aquí.
President Joe Biden released the first full-color image from NASA's James Webb Space Telescope Monday, during a public event at the White House in Washington. This first image showcases the powerful capabilities of the Webb mission, a partnership with ESA (European Space Agency) and CSA (Canadian Space Agency).
"These images are going to remind the world that America can do big things, and remind the American people – especially our children – that there's nothing beyond our capacity," said President Biden in remarks during the event. "We can see possibilities no one has ever seen before. We can go places no one has ever gone before."
Webb's first full-color image reveals thousands of galaxies, including the faintest objects ever observed in the infrared.
"Webb's First Deep Field is not only the first full-color image from the James Webb Space Telescope, it's the deepest and sharpest infrared image of the distant universe, so far. This image covers a patch of sky approximately the size of a grain of sand held at arm's length. It's just a tiny sliver of the vast universe," said NASA Administrator Bill Nelson. "This mission was made possible by human ingenuity – the incredible NASA Webb team and our international partners at the European Space Agency and the Canadian Space Agency. Webb is just the start of what we can accomplish in the future when we work together for the benefit of humanity."
This record-setting deep field provides a preview of the full set of Webb's first images, which will be released at 10:30 a.m. EDT Tuesday, July 12, in a live broadcast on NASA Television. The images will be available at:
https://www.nasa.gov/webbfirstimages
More information about how to watch the live reveal of the full set of Webb's first images on Tuesday, July 12, is available online.
"Scientists are thrilled that Webb is alive and as powerful as we hoped, far beyond Hubble, and that it survived all hazards to be our golden eye in the sky," said John Mather, Webb senior project scientist at NASA's Goddard Space Flight Center in Greenbelt, Maryland. "What happened after the big bang? How did the expanding universe cool down and make black holes and galaxies and stars and planets and people? Astronomers see everything twice: first with pictures, and then with imagination and calculation. But there's something out there that we've never imagined, and I will be as amazed as you are when we find it."
Learn more about this deep field image.
The James Webb Space Telescope is the world's premier space science observatory. Webb will solve mysteries in our solar system, look beyond to distant worlds around other stars, and probe the mysterious structures and origins of our universe and our place in it. Webb launched Dec. 25, 2021, on an Ariane 5 rocket from Europe's Spaceport in French Guiana, South America. After completing a complex deployment sequence in space, Webb underwent months of commissioning where its mirrors were aligned, and its instruments were prepared for science.
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SOURCE NASA | https://www.wibw.com/prnewswire/2022/07/11/president-biden-reveals-first-image-nasas-webb-telescope/ | 2022-07-12T01:15:43Z |
Which camping rug is best?
Even if you camp or RV to get away from it all, there’s nothing like the finishing touch that feels like home. A camping rug can really tie an outdoor space together and provide an extra level of comfort to make your experience cozier.
Sand Mine Reversible Mats are durable options that come in a variety of colors to customize your outdoor living area. Lightweight and easy to care for, they are a great option for campers and RVers alike.
What to know before you buy a camping rug
Natural vs. synthetic
An outdoor area rug is a small bit of comfort that you can have anywhere you go. The material you choose is largely a matter of preference, but each has its own pros and cons.
Natural camping rugs are made of bamboo, jute or sisal.
- Bamboo and sea grass rugs are easy to care for but not as durable.
- Coco coir is heavy, making it ideal for smaller areas.
- Jute is fire-resistant but can harbor mold and mildew.
- Sisal is strong and durable but can stain easily.
Synthetic rugs made from polypropylene, nylon, acrylic or polyester don’t have the natural beauty of natural fiber rugs, but they do hold up well to the rigors of camping. They are also lightweight and easy to keep clean.
Some synthetic fabric rugs may hold stains, though, and you should be careful with them around fire.
Size and weight
The size you select depends on your intended purpose. If you are looking for something to wipe your feet on before entering your tent or RV, a doormat-size camping rug (or something slightly larger) works just fine. However, if you’re interested in really defining a space outside and creating a separate room, look for a larger area rug.
The weight of your rug matters if you like to pack light. Natural fiber rugs tend to be heavier and take up more space. And the larger the rug, the heavier it will be.
Color
If you prefer a festive campsite, you’ll most likely want a brightly colored or patterned rug. However, some campers prefer to keep their color palette more natural so as to blend in with their surroundings.
What to look for in a quality camping rug
Waterproof
A waterproof rug may be treated, or it may be made of waterproof materials. If the camping rug you select is treated with a waterproofing spray, you may need to re-treat it as the spray wears off.
Natural rugs that are waterproof allow water to soak through without being absorbed. Bamboo and sea grass are good options if you’ll be camping in wet weather.
Quick-drying
Quick-drying rugs are made of breathable materials that easily shed moisture. These may need to be hung on a fence in the sun for faster drying, but a quick-drying rug is less likely to develop mold or mildew.
Easy care
You probably want to spend most of your time outdoors camping, not cleaning. Look for camping rugs that don’t require fussy cleaning products or dramatic cleaning rituals.
Antimicrobial
Mold and mildew don’t have to be inevitable, even when it rains. Some rugs have a special treatment that keeps these (and other microbes) from forming.
Reversible
Get more bang for your buck when you select a reversible camping rug. If you do, make sure to regularly rotate it for even wear.
Edged
Sealed edges keep your outdoor rug looking tidy. Some of these use a strip of fabric for edging, but others may also have a woven edge that makes it even stronger.
How much you can expect to spend on a camping rug
From simple doormat-sized rugs to elaborate and fancy natural fiber options, expect to spend $15-$500.
Camping rug FAQ
How do you care for an outdoor rug?
A. The best camping rugs require only a shake and a quick hosing off to shed most of their dirt and grime. There may be more specific care instructions depending on the type of rug you have, though. Be sure to check with the manufacturer’s care instructions to make sure you won’t need to get more involved than that.
Are camping rugs heavy enough to withstand wind?
A. If you are camping and expecting severe weather, it’s always best to roll up your rugs and secure any outdoor furnishings. If a light breeze is on the horizon, simply weigh your rug down with heavier furniture or tables to keep it secure.
What’s the best camping rug to buy?
Top camping rug
What you need to know: This reversible rug is durable and works in both indoor and outdoor settings.
What you’ll love: It’s available in four sizes and five colors. It has heat-treated edging to resist fraying, and it’s soft and comfortable on bare feet. It’s easy to clean and comes with a carrying bag. It has a UV coating to protect against fading. It’s waterproof.
What you should consider: The carrying bag is not durable.
Where to buy: Sold by Amazon
Top camping rug for the money
Plus Haven Store Coco Coir Door Mat
What you need to know: It’s best when you want a durable mat for the front of your tent or the base of your RV steps.
What you’ll love: It’s a natural material that resists dirt and easily repels water. At 17 inches by 30 inches, it’s the perfect size for catching dirt right outside the door. It requires very little maintenance beyond shaking, and it is durable.
What you should consider: Some users reported shedding beyond what the manufacturer says is normal.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: It’s an environmentally friendly option that is large, lightweight and easy to care for.
What you’ll love: It’s made out of 100% recycled straws. The generous size of 6 feet by 9 feet really defines a space. It’s easy to roll up and comes with elastic bands to secure it and a carrying bag. It has GoodWeave certification, which verifies that it’s made without using child labor.
What you should consider: Some users didn’t feel it was durable enough for rigorous outdoor use.
Where to buy: Sold by Amazon
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Suzannah Kolbeck 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. | https://cw33.com/reviews/br/sports-fitness-br/fitness-gear-br/best-camping-rug/ | 2022-04-21T04:24:34Z |
DALLAS (KDAF) — The Utah Jazz have been eliminated from the NBA Playoffs by the hands of the red-hot Dallas Mavericks. Now, the attention for the Mavs turns to arguably the best team in the league, the Phoenix Suns.
Superstar Luka Doncic returned from injury during the series and in Game 6, poured in 24 points, 9 rebounds, 8 assists, 2 steals and 2 blocks. The stellar play from guard Jalen Brunson has not subsided with Doncic’s return.
Brunson also scored 24 points and grabbed 3 boards and dished out 2 assists. Now, it’s time for the Western Conference Semifinals.
The Mavs first three games of the series date and times have been released:
- Game 1: Monday, May 2 at 9 p.m. CT — Game will be aired on TNT
- Game 2: Wednesday, May 4 at 9 p.m. CT — Game will be aired on ESPN
- Game 3: Friday, May 6 at 8:30 p.m. CT — Game will be aired on TNT
The rest of the series’ dates have been announced but times have not been shared just yet.
- Game 4: Sunday, May 8
- Game 5: Tuesday, May 10
- Game 6: Thursday, May 12
- Game 7: Sunday, May 15 | https://cw33.com/sports/mavericks-suns-meet-in-second-round-of-nba-playoffs-check-out-conference-semis-schedule/ | 2022-04-29T16:31:52Z |
Updated Conference Call Access Information Included
DUBLIN, Ohio, Aug. 3, 2022 /PRNewswire/ -- As previously shared, The Wendy's Company (Nasdaq: WEN) will release its second quarter 2022 results before the market opens on Wednesday, August 10. The Company will host a conference call that same day at 8:30 a.m. ET, with a simultaneous webcast from the Company's Investor Relations website at www.irwendys.com. The related presentation materials will also be available on the Company's Investor Relations website.
Please note that there has been a change in conference call providers necessitating a change in telephone access information. The live conference call will be available by telephone at (844) 200-6205 for domestic callers and (929) 526-1599 for international callers, both using event ID 180755. An archived webcast and presentation materials will be available on the Company's Investor Relations website.
Wendy's® was founded in 1969 by Dave Thomas in Columbus, Ohio. Dave built his business on the premise, "Quality is our Recipe®," which remains the guidepost of the Wendy's system. Wendy's is best known for its made-to-order square hamburgers, using fresh, never frozen beef*, freshly-prepared salads, and other signature items like chili, baked potatoes and the Frosty® dessert. The Wendy's Company (Nasdaq: WEN) is committed to doing the right thing and making a positive difference in the lives of others. This is most visible through the Company's support of the Dave Thomas Foundation for Adoption® and its signature Wendy's Wonderful Kids® program, which seeks to find a loving, forever home for every child waiting to be adopted from the North American foster care system. Today, Wendy's and its franchisees employ hundreds of thousands of people across approximately 7,000 restaurants worldwide with a vision of becoming the world's most thriving and beloved restaurant brand. For details on franchising, connect with us at www.wendys.com/franchising. Visit www.wendys.com and www.squaredealblog.com for more information and connect with us on Twitter and Instagram using @wendys, and on Facebook at www.facebook.com/wendys.
*Fresh beef available in the contiguous U.S., Alaska, and Canada.
Contacts:
Investor Contact:
Kelsey Freed
Director - Investor Relations
(614) 764-3345; Kelsey.Freed@wendys.com
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SOURCE The Wendy’s Company | https://www.wibw.com/prnewswire/2022/08/03/wendys-company-report-second-quarter-2022-results-august-10/ | 2022-08-03T22:06:26Z |
Wimbledon: Women’s final starts on Centre Court
Published: Jul. 9, 2022 at 9:40 AM EDT|Updated: 1 hour ago
WIMBLEDON, England (AP) — The women’s final at Wimbledon between Ons Jabeur and Elena Rybakina has started.
Jabeur of Tunisia is looking to become the first Arab woman and first African woman to win a major tennis title. Rybakina, who was born in Russia but switched nationalities to Kazakhstan in 2018, would become the first Grand Slam champion from her adopted country.
The men’s doubles final will follow the women’s singles on Centre Court. Matthew Ebden and Max Purcell of Australia will face Nikola Mektic and Mate Pavic of Croatia.
On Sunday, Novak Djokovic will face first-time major finalist Nick Kyrgios for the men’s championship.
Copyright 2022 The Associated Press. All rights reserved. Gray Media Group, Inc., contributed to this report. | https://www.mysuncoast.com/2022/07/09/wimbledon-womens-final-starts-centre-court/ | 2022-07-09T14:42:25Z |
DENVER (AP) — A Nebraska man has pleaded guilty to making death threats against Colorado’s top elections official in a what officials say is the first such plea obtained by a federal task force devoted to protecting elections workers across the U.S. who have been subject to increasing threats since the 2020 presidential election.
Travis Ford, 42, pleaded guilty in Denver federal court to sending threats to Secretary of State Jena Griswold on social media. Griswold is a national advocate for elections security who has received thousands of threats over her insistence that the 2020 election was secure and that former President Donald Trump’s claims that it was stolen from him are false.
Thursday’s plea was announced by the U.S. Attorney’s Office in Colorado and was first reported by The Denver Gazette. Ford, a resident of Lincoln, Nebraska, faces up to two years in prison when he is sentenced Oct. 6.
It’s the first guilty plea obtained by the U.S. Justice Department’s Election Threats Task Force, which was launched last year to investigate threats of violence against elections workers, the office said. FBI agents in Colorado and Nebraska investigated the case.
“Threats of violence against election officials are dangerous for people’s safety and dangerous for our democracy, and we will use every resource at our disposal to disrupt and investigate those threats and hold perpetrators accountable,” Attorney General Merrick Garland said in a statement.
According to the announcement, Ford sent Griswold a series of threatening messages over Instagram in August. “Do you feel safe? You shouldn’t,” one read. Another read: “Your security detail is far too thin and incompetent to protect you.”
The U.S. Department of Homeland Security this month renewed a threat advisory warning of possible violence, particularly for elections officials, workers and other targets by individuals or small groups motivated by conspiracy theories and “false and misleading narratives.”
Griswold, a Democrat, told Colorado lawmakers earlier this year that she and other elections officials have received thousands of threats that have prompted many local clerks to quit or take security training so they feel safe in their public service work.
The Legislature passed bills to enhance security for Griswold and other statewide office-holders and to add protections for all elections workers. Gov. Jared Polis has signed them into law. | https://cw33.com/news/politics/ap-politics/man-pleads-to-threatening-colorados-top-elections-official/ | 2022-06-21T02:56:03Z |
DENVER, April 18, 2022 /PRNewswire/ -- TTEC Holdings, Inc. (NASDAQ:TTEC), one of the largest, global CX (customer experience) technology and services innovators for end-to-end digital CX solutions, today announced details pertaining to the release of its first quarter 2022 financial results and related conference call and webcast.
TTEC will release its earnings results after market close on Wednesday, May 4, 2022, when a press release will be issued. The Company will host a live webcast and conference call at 8:30 a.m. ET on Thursday, May 5, 2022.
You are invited to join a live webcast of the conference call by visiting the "Investors Relations" section of the TTEC website at www.ttec.com. If you are unable to participate during the live webcast, a replay will be available on the TTEC website.
ABOUT TTEC
TTEC Holdings, Inc. (NASDAQ:TTEC) is one of the largest, global CX (customer experience) technology and services innovators for end-to-end, digital CX solutions. The Company delivers leading CX technology and operational CX orchestration at scale through its proprietary cloud-based CXaaS (Customer Experience as a Service) platform. Serving iconic and disruptive brands, TTEC's outcome-based solutions span the entire enterprise, touch every virtual interaction channel, and improve each step of the customer journey. Leveraging next gen digital and cognitive technology, the Company's Digital business designs, builds, and operates omnichannel contact center technology, conversational messaging, CRM, automation (AI / ML and RPA), and analytics solutions. The Company's Engage business delivers digital customer engagement, customer acquisition & growth, content moderation, fraud prevention, and data annotation solutions. Founded in 1982, the Company's singular obsession with CX excellence has earned it leading client NPS scores across the globe. The company's nearly 65,000 employees operate on six continents and bring technology and humanity together to deliver happy customers and differentiated business results. To learn more visit us at https://www.ttec.com
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SOURCE TTEC Holdings, Inc. | https://www.mysuncoast.com/prnewswire/2022/04/18/ttec-schedules-first-quarter-2022-earnings-release-webcast-investor-conference-call/ | 2022-04-18T21:05:28Z |
Man saves grandfather, 3 grandkids from fiery car crash
REGISTER, Ga. (WJCL) - A Georgia man was in the right place at the right time to save a grandfather and his three grandchildren after their truck veered off the road and burst into flames.
Grandfather Steven Wild was driving down Georgia Highway 46 when he fell asleep at the wheel, according to the Georgia State Patrol. His F-250 was hauling a dozen cattle in a trailer, and his grandchildren were with him in the truck.
GSP says Wild shifted into the opposite lane and went off the road at an embankment. His truck flipped on its side before bursting into flames.
Shortly after, Sam Pitout and his daughter drove by and spotted the smoke.
“When I first saw the truck, I assumed there were no survivors in it,” Pitout said.
But Pitout quickly jumped into action when he realized that there were four people alive in the burning car.
“I climbed on top and between him [Wild] and I, we were able to pry that driver’s door open maybe about a foot and had three small kids get out,” Pitout said.
Once the children were out, Pitout rescued Wild, as well. Within five minutes, he says the entire truck was engulfed in flames.
“It could’ve been a lot worse. Let’s put it that way. I was just happy everybody made it out,” Pitout said.
Pitout says he doesn’t think he’s a hero but “just an average guy.” He and a friend were able to herd 10 cows back after the crash, but two are still missing.
Copyright 2022 WJCL via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/04/man-saves-grandfather-3-grandkids-fiery-car-crash/ | 2022-08-04T08:51:14Z |
LOD, Israel, Aug. 2, 2022 /PRNewswire/ --
Second Quarter Highlights
- Quarterly revenues increased by 12.9% year-over-year to $68.4 million.
- Quarterly service revenues increased by 21.9% year-over-year to $27.8 million.
- GAAP results:
- Quarterly GAAP gross margin was 65.1%;
- Quarterly GAAP operating margin was 11.6%; and
- Quarterly GAAP net income was $6.9 million, or $0.21 per diluted share. - Non-GAAP results:
- Quarterly Non-GAAP gross margin was 65.6%;
- Quarterly Non-GAAP operating margin was 17.4%; and
- Quarterly Non-GAAP net income was $11.3 million, or $0.34 per diluted share. - Net cash provided by operating activities was $4.8 million for the quarter.
- AudioCodes repurchased 374,479 of its ordinary shares during the quarter at an aggregate cost of $8.3 million.
Details
AudioCodes (NASDAQ: AUDC), a leading vendor of advanced communications software, products and productivity solutions for the digital workplace, today announced its financial results for the second quarter ended June 30, 2022.
Revenues for the second quarter of 2022 were $68.4 million compared to $60.6 million for the second quarter of 2021.
Net income was $6.9 million, or $0.21 per diluted share, for the second quarter of 2022 compared to $8.2 million, or $0.24 per diluted share, for the second quarter of 2021.
On a Non-GAAP basis, net income was $11.3 million, or $0.34 per diluted share, for the second quarter of 2022 compared to $12.7 million, or $0.37 per diluted share, for the second quarter of 2021.
Non-GAAP net income excludes: (i) share-based compensation expenses; (ii) amortization expenses related to intangible assets; (iii) expenses related to deferred payments in connection with the acquisition of Callverso Ltd; (iv) other income related to a payment made by the landlord to AudioCodes Inc., a subsidiary of the Company, in connection with the termination of a lease agreement for its offices in New Jersey; (v) financial income related to exchange rate differences in connection with revaluation of assets and liabilities in non-dollar denominated currencies; and (vi) non-cash deferred tax expenses (income). A reconciliation of net income on a GAAP basis to a non-GAAP basis is provided in the tables that accompany the condensed consolidated financial statements contained in this press release.
Net cash provided by operating activities was $4.8 million for the second quarter of 2022. Cash and cash equivalents, long and short-term bank deposits, long and short-term marketable securities and long and short-term financial investments were $138.5 million as of June 30, 2022 compared to $174.8 million as of December 31, 2021. The decrease in cash and cash equivalents, long and short-term bank deposits, long and short-term marketable securities and long and short-term financial investments was the result of the use of cash for the continued repurchasing of the Company's ordinary shares pursuant to its share repurchase program and the payment of a cash dividend during the first quarter of 2022.
"I am pleased to report solid financial results for the second quarter of 2022, growing top line revenue 12.9% year-over-year," said Shabtai Adlersberg, President and Chief Executive Officer of AudioCodes.
Overall, we experienced strong market demand for our products and services as we continued to successfully execute on key strategic priorities in the UCC and Customer Experience (CX) markets and accelerated the transition to software products and recurring subscription services.
Microsoft business as a whole grew above 20% year over year and Zoom phone business grew more than 50%. AudioCodes Live for Microsoft Teams managed services continued to grow and reached a level of $24 million ARR, a 100% growth over the year ago quarter. We on-boarded a number of seven-figure Live projects in the second quarter, with the Total Contract Value (TCV) for our Live projects exceeding $60 million in total.
In CX, we saw a nice rebound this quarter with the business up more than 20%, propelled by the ongoing contact center digital transformation to the cloud and healthy spending environment. Services business continued to grow at a nice pace, up over 20% year-over-year, driven primarily by professional services and AudioCodes Live managed services, reaching a level of above 40% of total company revenue.
Despite an uncertain macro environment, we are executing according to plan and controlling our cost structure. As we see new growth opportunities emerging in our core markets and capitalize on our strong portfolio of technologies and solutions and our growing F500 enterprise customer base, we are determined to increase our investments in both R&D and our customer-facing talent. While we continue to be impacted by supply chain disruptions, we believe this is a short-term phenomenon that should alleviate in coming quarters. Lastly, upsell of new voice.ai-related applications continues to take shape, with attach rates improving, and we have a number of exciting products and partnerships launching in the second half of the year," concluded Mr. Adlersberg.
Share Buy Back Program
During the quarter ended June 30, 2022, the Company acquired 374,479 of its ordinary shares under its share repurchase program for a total consideration of $8.3 million.
In June 2022, the Company received court approval in Israel to purchase up to an aggregate amount of $35 million of additional ordinary shares. The court approval also permits AudioCodes to declare a dividend of any part of this amount. The approval is valid through December 12, 2022.
As of June 30, 2022, the Company had $35 million available under this approval for the repurchase of shares and/or declaration of cash dividends.
Cash Dividend
AudioCodes also announced today that the Company's Board of Directors has declared a cash dividend in the amount of 18 cents per share. The aggregate amount of the dividend is approximately $5.7 million. The dividend is payable on August 31, 2022, to all of the Company's shareholders of record at the close of trading on the NASDAQ Global Select Market on August 17, 2022.
In accordance with Israeli tax law, the dividend is subject to withholding tax at the source at the rate of 25% of the dividend amount payable to each shareholder of record, subject to applicable exemptions. If the recipient of the dividend is at the time of distribution or was at any time during the preceding 12-month period the holder of 10% or more of the Company's share capital, the withholding rate is 30%.
The dividend will be paid in U.S. dollars on the ordinary shares of AudioCodes Ltd. that are traded on the Nasdaq Global Select Market or the Tel-Aviv Stock Exchange. The amount and timing of any other dividends will be determined by the Board.
Conference Call & Web Cast Information
AudioCodes will conduct a conference call at 8:30 A.M., Eastern Time today to discuss the Company's second quarter of 2022 operating performance, financial results and outlook. Interested parties may participate in the conference call by dialing one the following numbers:
United States Participants: 888-506-0062
International Participants: +1 (973) 528-0011
The conference call will also be simultaneously webcast. Investors are invited to listen to the call live via webcast at the AudioCodes investor website at http://www.audiocodes.com/investors-lobby
Second quarter of 2022 earnings call supplementary slides are available at AudioCodes investor website at http://www.audiocodes.com/investors-lobby
Follow AudioCodes' social media channels:
AudioCodes invites you to join our online community and follow us on: AudioCodes Voice Blog, LinkedIn, Twitter, Facebook, and YouTube.
About AudioCodes
AudioCodes Ltd. (NASDAQ, TASE: AUDC) is a leading vendor of advanced communications software, products and productivity solutions for the digital workplace. AudioCodes enables enterprises and service providers to build and operate all-IP voice networks for unified communications, contact centers, and hosted business services. AudioCodes offers a broad range of innovative products, solutions and services that are used by large multi-national enterprises and leading tier-1 operators around the world.
For more information on AudioCodes, visit http://www.audiocodes.com.
Statements concerning AudioCodes' business outlook or future economic performance; product introductions and plans and objectives related thereto; and statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are "forward-looking statements'' as that term is defined under U.S. Federal securities laws. Forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results to differ materially from those stated in such statements. These risks, uncertainties and factors include, but are not limited to: the effect of global economic conditions in general and conditions in AudioCodes' industry and target markets in particular; shifts in supply and demand; market acceptance of new products and the demand for existing products; the impact of competitive products and pricing on AudioCodes' and its customers' products and markets; timely product and technology development, upgrades and the ability to manage changes in market conditions as needed; possible need for additional financing; the ability to satisfy covenants in the Company's loan agreements; possible disruptions from acquisitions; the ability of AudioCodes to successfully integrate the products and operations of acquired companies into AudioCodes' business; possible adverse impact of the COVID-19 pandemic on our business and results of operations; and other factors detailed in AudioCodes' filings with the U.S. Securities and Exchange Commission. AudioCodes assumes no obligation to update the information in this release.
©2022 AudioCodes Ltd. All rights reserved. AudioCodes, AC, HD VoIP, HD VoIP Sounds Better, IPmedia, Mediant, MediaPack, What's Inside Matters, OSN, SmartTAP, User Management Pack, VMAS, VoIPerfect, VoIPerfectHD, Your Gateway To VoIP, 3GX, VocaNom, AudioCodes One Voice, AudioCodes Meeting Insights, AudioCodes Room Experience and CloudBond are trademarks or registered trademarks of AudioCodes Limited. All other products or trademarks are property of their respective owners. Product specifications are subject to change without notice.
Summary financial data follows
(1) Share-based compensation expenses related to options and restricted share units granted to employees and others.
(2) Amortization expenses related to intangible assets.
(3) Expenses related to deferred payments in connection with the acquisition of Callverso Ltd.
(4) Other income related to a payment made to AudioCodes Inc. in connection with the termination of a lease agreement for its offices in New Jersey.
(5) Financial income or expenses related to exchange rate differences in connection with revaluation of assets and liabilities in non-dollar denominated currencies.
(6) Non-cash deferred tax expense.
Note: Non-GAAP measures should be considered in addition to, and not as a substitute for, the results prepared in accordance with GAAP. The Company believes that non-GAAP information is useful because it can enhance the understanding of its ongoing economic performance and therefore uses internally this non-GAAP information to evaluate and manage its operations. The Company has chosen to provide this information to investors to enable them to perform comparisons of operating results in a manner similar to how the Company analyzes its operating results and because many comparable companies report this type of information.
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SOURCE AudioCodes | https://www.kxii.com/prnewswire/2022/08/02/audiocodes-reports-second-quarter-2022-results-declares-semi-annual-dividend-18-cents-per-share/ | 2022-08-02T07:12:38Z |
LISBON, Portugal, Aug. 23, 2022 /PRNewswire/ -- Hovione and Zerion Pharma A/S (Zerion) today announced an extension of their collaboration on Zerion's Dispersome® technology into the nutraceutical/dietary supplements field. Many dietary supplements suffer from low solubility. This results in poor bioavailability and consequently limits the physiological effect of the supplement. To overcome these limitations, the two companies will collaborate and apply the solubility enhancing Dispersome® technology for the development and commercialization of certain nutraceutical products.
The first product candidate selected for joint development is an antioxidant with multiple health benefits and known for its extremely low solubility and bioavailability. By applying the Dispersome® technology, Zerion has been able to demonstrate significant solubility improvements of this antioxidant. Under their collaboration, Hovione and Zerion will now upscale and develop commercial formulations of the antioxidant using the Dispersome® platform and make these products available for distribution by partners globally. Under the terms of the collaboration agreement, the two companies will share income from the commercialization of these products according to their respective contributions.
In addition to the joint development projects, Zerion has granted Hovione an exclusive license to exploit the Dispersome® technology for other nutraceuticals/dietary supplements. In return, Hovione will pay Zerion license fees and royalties on sales of the licensed products.
"The low oral bioavailability of some of the health-promoting nutraceutical compounds is a well-known challenge. The problem is compounded by the fact that some of the solutions used in pharma cannot be used in foods." says Jean-Luc Herbeaux, CEO of Hovione. He adds: "Hovione is thrilled to be Zerion´s exclusive partner for the application of Dispersome® to the fields of nutraceuticals and dietary supplements. The Dispersome® platform and its enabling ingredient – beta-lactoglobulin or BLG – afford formulators new options which address unmet needs of the industry."
"I am extremely pleased with this extension of our collaboration", says Ole Wiborg, CEO of Zerion and continues: "The Dispersome® technology is actually very well suited for use in dietary supplements because it employs BLG as its solubility enabling component. BLG is a sustainable natural material and in itself a beneficial nutritional product that we source in high quality from Arla Food Ingredients. Since we as a company only have limited resources to exploit these promising applications of the Dispersome® technology in the nutraceutical field, the collaboration with Hovione is a win/win situation."
In February 2022, Zerion and Hovione announced a strategic partnership aimed at commercializing the Dispersome® technology within the drug development field. Under this partnership, Hovione and Zerion are offering pharma and biotech companies worldwide access to an innovative drug delivery platform combined with an unparalleled experience in formulation development, scale up and GMP manufacturing. This unique combination provides customers in the pharma industry with a line of sight over the entire drug development life cycle from the preclinical phase to commercial drug product.
About Hovione
Hovione is an international company with over 60 years of experience as a Contract Development and Manufacturing Organization (CDMO) with a fully integrated offering of services for drug substance, drug product intermediate and drug product. The company has four FDA inspected sites in the USA, Portugal, Ireland and China and development laboratories in Lisbon, Portugal and New Jersey, USA. Hovione provides pharmaceutical customers services for the development and compliant manufacture of innovative drugs, including highly potent compounds, and customized product solution across the entire drug life cycle. In the inhalation area, Hovione offers a complete range of services, from API, formulation development and devices. Hovione´s culture is based on innovation, quality and delivery. Hovione was the first Chemical/ Pharmaceutical Company to become a Certified B Corp, is a member of Rx-360, EFCG and participates actively in industry quality improvement initiatives to lead new global industry standards.
About Zerion Pharma A/S
Zerion develops proprietary drug formulations and offers the Dispersome® technology to established pharma companies as a means to solve their most challenging drug solubility problems. By applying the Dispersome® technology, the solubility of poorly soluble, oral drugs is greatly enhanced, which improves their bioavailability and therapeutic outcomes for the patients. Zerion was established in 2019 as a spinout from the University of Copenhagen based on almost a decade of research. (Dispersome® is a trademark of Zerion Pharma A/S)
For more information, please visit www.hovione.com or contact:
Vanessa Romeu | Communications Director | vromeu@hovione.com |Tel.: +351 21 982 9000
Logo - https://mma.prnewswire.com/media/1883542/Hovione_and_Zerion_Pharma_Logos.jpg
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SOURCE Hovione | https://www.mysuncoast.com/prnewswire/2022/08/23/zerion-pharma-hovione-extend-partnership-cover-use-dispersome-technology-platform-nutraceuticals/ | 2022-08-23T10:02:13Z |
Contractor quitting puts Shell in spotlight over climate
BERLIN (AP) — A longtime contractor for Shell has publicly called out the oil and gas company’s climate plans, accusing the company of “double talk” by saying it wants to cut greenhouse gas emissions while working on tapping new sources of fossil fuel.
Caroline Dennett, who says she consulted Shell on safety issues for more than a decade, said Monday that she was ending her links with the company and urged others in the fossil fuel industry to do likewise.
“I’m quitting because of Shell’s double talk on climate,” Dennet said in a public post on the business networking site LinkedIn.
“They know that continued oil and gas extraction causes extreme harms to our climate, to our environment, and to people,” she said. “And what ever they say, Shell is simply not winding down on fossil fuels.”
Shell, which is due to hold its annual general meeting for shareholders Tuesday, responded by saying it was committed to achieving net zero emissions by 2050.
“We have set targets for the short, medium and long term, and have every intention of hitting them,” the company said in a statement. “We’re already investing billions of dollars in low-carbon energy, although the world will still need oil and gas for decades to come in sectors that can’t be easily decarbonized.”
Dennett said her growing personal concerns about climate change made it increasingly difficult for her to work for Shell.
“It’s one thing to support a company to, hopefully, transition to alternative energy sources and making sure that they operate safely,” she told The Associated Press. “It’s another thing to actually be supporting new oil and gas projects.”
Dennett said climate change wasn’t a subject of discussion among front-line staff in the company.
“It’s probably happening in the PR team and the marketing and branding team, but it’s not happening in the operational divisions as far as I can see,” she said.
Dennet said she felt privileged to be able to sever her ties with Shell, and acknowledged others may not find it so easy.
“But the fossil fuel industry, it’s the past,” she said. “And if you can find a way out, then please walk away while there’s still time. Do it now.”
U.N. Secretary-General António Guterres last month accused some government and business leaders of saying one thing but doing another when it comes to tackling global warming.
“Simply put, they are lying. And the results will be catastrophic,” he said, calling for an end to all new fossil fuel infrastructure.
Guterres recently appointed an expert panel to scrutinize companies’ net zero claims amid concerns that they could be mere “greenwashing.”
___
Follow AP’s coverage of climate change at https://apnews.com/hub/climate
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/23/contractor-quitting-puts-shell-spotlight-over-climate/ | 2022-05-23T18:48:31Z |
TEL AVIV, Israel, June 27, 2022 /PRNewswire/ -- Priority Software Ltd., a leading global provider of business management solutions, announced the enhancement of its product offering with the acquisition of Silverbyte, a leading provider of property management software.
The purchase agreement with Silverbyte will broaden Priority's business management suite offering to customers operating in the hospitality sector.
Operating in over 30 countries, Silverbyte provides an innovative, scalable platform that allows accommodation providers of all sizes and from various hospitality industry segments to easily and intuitively manage all aspects of their property, from end-to-end in-house operations to external distribution and booking systems. Silverbyte's solution is implemented in leading hotel chains worldwide, such as Leonardo, Fattal, Crowne Plaza, and Holiday Inn.
The acquisition of Silverbyte is the fifth acquisition made in the past 15 months by Priority, which continues to expand with an impressive range of solutions that give Priority a significant advantage over competitors.
Silverbyte's acquisition is synergetic to the company's operation and will enable Priority to continue delivering highly advanced solutions through the integration with Priority's cloud ERP and retail solutions.
By acquiring leading solution providers in multiple business sectors, Priority assumes a leading position in different market verticals, including retail, education, and hospitality.
"Silverbyte's innovative solutions expand our business management offering for the hospitality industry. Combining our technology and market reach with Silverbyte's solutions will increase our capability to deliver new, innovative solutions to the global market. This acquisition is another important step in Priority's evolution and vertical expansion, positioning the company as a market leader in the fields of ERP, Retail management, HRM, Logistics, Education, and now hospitality." commented Sagive Greenspan, Priority CEO.
Silverbyte CEO, Einav Peleg, said: "I am very pleased to join a leading technology company. Being part of Priority will allow us to offer an end-to-end solution, developed by a single company, that includes an ERP system, point of sale (POS), workforce management and Silverbyte's PMS system. The synergy between the companies will provides a unique value to the hospitality market".
ABOUT PRIORITY
Priority Software Ltd., a Fortissimo and TA Associates company, is a leading provider of scalable, agile, and open cloud-based business management solutions for various industries and organizations of all sizes, from global enterprises to small and growing businesses. Recognized by top industry experts and analysts for its product innovation, Priority provides real-time access to business data and insights from any desktop or mobile device, enabling organizations to increase operational efficiency, improve the customer experience, identify new opportunities, and outpace the competition. With offices in the US, UK, Belgium, and Israel and a global network of business partners, Priority empowers 75,000 customers in 40 countries with smart and intuitive business management platforms that drive accelerated organizational growth. For more information, visit www.priority-software.com.
About Silverbyte
Silverbyte was established 26 years ago with a vision for developing a leading Property Management System (PMS). The company offers its customers cutting edge technology in hospitality and accommodation management to take them to the next level of travel tech.
Silverbyte's line of products and complementary products is abundant and provides solutions from start to finish in an all-in-one platform.
The company is currently operating in over 30 countries.
For more information, visit www.silverbyte.com
For additional information please Contact:
Olly Lukatski, Marketing Communications and Content Manager
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SOURCE Priority Software Ltd. | https://www.kxii.com/prnewswire/2022/06/27/priority-software-acquires-silverbyte-leading-provider-property-management-software-pms/ | 2022-06-27T16:10:28Z |
SANTA CLARA, Calif., Aug. 2, 2022 /PRNewswire/ -- Smarter Balanced is excited to announce the hirings of Bryce Carpenter as its new Executive Administrative Officer and Rochelle Michel, Ph.D. as its new Deputy Executive Program Officer. The addition of these highly qualified individuals marks a commitment to building a robust organization committed to serving all students.
Dr. Carpenter is a lifelong public servant who believes in the transformative power of education. As a member of the executive team, Dr. Carpenter will support areas ranging from workforce development, budgetary operations, communications, and employee engagement.
Dr. Michel joins Smarter Balanced with 15 years of experience in psychometrics, research, and people leadership. As Deputy Executive Program Officer, Dr. Michel will oversee the psychometrics, research, and data analysis functions.
Regarding their appointments, Dr. Carpenter and Dr. Michel shared:
"Working in high-visibility, high-risk environments at state and federal levels taught me the importance of building a strong team of internals and externals. Partnerships are key," says Dr. Carpenter. "SmarterBalanced has a history of responsive impact and, based on the strength of our prior work and our robust partnerships, has an incredible forward trajectory. I am thrilled to contribute and be a part of this team's future."
"My experiences live at the intersection of teaching, learning, and assessment. I am a teacher at heart! I entered the field of education because I wanted to help students reach their greatest potential and I entered the field of psychometrics because I saw the role that assessments played within the educational system," says Dr. Michel. "With every professional role that I have held, I keep teachers, students, and students' families in mind."
Dr. Carpenter comes from the U.S. Department of Education (ED) where he served as the Chief of Staff to the Chief Information Officer. Dr. Carpenter also served in the U.S. Department of Veterans Affairs, has taught at every level from doctoral to pre-Kindergarten, and is a proud Army veteran.
Dr. Michel previously held positions at Curriculum Associates, Educational Records Bureau (ERB), and Educational Testing Service (ETS). She has experience teaching mathematics at the junior high school, high school, community college and university levels.
Smarter Balanced is a member-led public agency that supports educators as they help students on a path to progress. The Smarter Balanced dynamic system of tools—developed in collaboration with our members and educators—is a standards-aligned balanced assessment system and provides teachers with lessons, activities, and methods of gauging progress.
Media Contact: Audrey Lesondak audrey.lesondak@smarterbalanced.org
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SOURCE Smarter Balanced | https://www.kxii.com/prnewswire/2022/08/03/bryce-carpenter-phd-rochelle-michel-phd-join-smarter-balanced/ | 2022-08-03T01:29:53Z |
Story’s slam snagged by former Sox player in Monster seats
By KEN POWTAK
Associated Press
BOSTON (AP) — Red Sox second baseman Trevor Story has connected again — this time with a former Boston player seated atop the Green Monster. Story, who hit three home runs in Boston’s victory Thursday, launched a grand slam against Seattle in the third inning Friday night. Former Red Sox left fielder Jonny Gomes was back in the action, too, sitting atop the Green Monster instead of playing in front of it. Seated in the first row of seats above Fenway Park’s fabled left-field wall, the 41-year-old Gomes, who played on Boston’s 2013 World Series championship team, stood up and moved a step or two to his right before corralling the ball against his body. He pumped his fist and high-fived the fan next to him. | https://localnews8.com/sports/ap-national-sports/2022/05/20/storys-slam-snagged-by-former-sox-player-in-monster-seats/ | 2022-05-21T03:07:01Z |
An Oklahoma judge ruled Monday that a lawsuit seeking reparations for the 1921 Tulsa Race Massacre can proceed, bringing new hope for some measure of justice for three survivors of the deadly racist rampage who are now over 100 years old and were in the courtroom for the decision.
Tulsa County District Court Judge Caroline Wall ruled against a motion to dismiss the suit filed by civil rights attorney Damario Solomon-Simmons in 2020. The Tulsa-based attorney said after Wall announced her ruling that it is critical for living survivors Lessie Benningfield Randle, 107, Viola Fletcher, 107, and Hughes Van Ellis, 101.
“We want them to see justice in their lifetime,” he said, choking back tears. “I’ve seen so many survivors die in my 20-plus years working on this issue. I just don’t want to see the last three die without justice. That’s why the time is of the essence.”
The packed courtroom, which Wall noted may have been over capacity, erupted in cheers and tears after she handed down her ruling.
Solomon-Simmons sued under Oklahoma’s public nuisance law, saying the actions of the white mob that killed hundreds of Black residents and destroyed what had been the nation’s most prosperous Black business district continue to affect the city today. The lawsuit also seeks reparations for descendants of victims of the massacre.
“In public nuisance cases, it is clear either criminal acts or destruction of personal property” constitute a nuisance, said Eric Miller, a Loyola Marymount University law professor working with the plaintiffs. Miller said that racial and economic disparities resulting from the massacre continue to this day.
Chamber of Commerce attorney John Tucker said the massacre was horrible, but the nuisance is not ongoing.
“What happened in 1921 was a really bad deal, and those people did not get a fair shake … but that was 100 years ago,” Tucker said.
Oklahoma sued consumer products giant Johnson & Johnson using the state public nuisance law for its role in the deadly opioid crisis. Initially, a judge ordered the drugmaker to pay the state $465 million in damages. But the Oklahoma Supreme Court overturned the Johnson & Johnson verdict, ruling that the public nuisance law did not apply because the company had no control of the drug after it was sold to pharmacies, hospitals, and physicians’ offices and then prescribed by doctors to patients.
Miller said the state court’s ruling in the Johnson & Johnson case does not affect the lawsuit.
The massacre happenedwhen an angry white mob descended on a 35-block area in Tulsa’s Greenwood District, killing people and looting and burning businesses and homes. Thousands of people were left homeless and living in a hastily constructed internment camp.
The city and insurance companies never compensated victims for their losses, and the massacre ultimately resulted in racial and economic disparities that still exist today, the lawsuit claims. In the years following the massacre, according to the lawsuit, city and county officials actively thwarted the community’s effort to rebuild and neglected the Greenwood and predominantly Black north Tulsa community in favor of overwhelmingly white parts of Tulsa.
Other defendants include the Tulsa County Board of County Commissioners, Tulsa Metropolitan Area Planning Commission, Tulsa County Sheriff and the Oklahoma Military Department.
The lawsuit seeks unspecified punitive damages and calls for the creation of a hospital in north Tulsa, in addition to mental health and education programs and a Tulsa Massacre Victims Compensation Fund.
The massacre received renewed attention in recent years after then-President Donald Trump selected Tulsa as the location for a 2020 campaign rally amid the ongoing racial reckoning over police brutality and racial violence. Trump moved the date of his June rally to avoid coinciding with a Juneteenth celebration in the city’s Greenwood District commemorating the end of slavery.
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Associated Press writer Terry Wallace in Dallas contributed to this report.
___
This version corrects the spelling of Van Ellis’ first name to Hughes instead of Hugh. | https://cw33.com/news/u-s-news/ap-u-s-headlines/judge-lets-tulsa-race-massacre-reparations-lawsuit-proceed/ | 2022-05-03T11:12:07Z |
WESTMONT, N.J., June 8, 2022 /PRNewswire/ -- Nadina J. Rosier of the Health Transformation Alliance recently received two recognitions. She was honored at the 2022 Women in Motion Awards Luncheon hosted by The Arthritis Foundation, New York, on June 7th. In addition, Chief, the private network designed for the most powerful women executives, honored Rosier as a new member.
The 2022 Women in Motion Awards Luncheon benefits The Arthritis Foundation initiatives, including the bold pursuit of a cure for America's #1 cause of disability and championing the fight to conquer arthritis with life-changing science, resources, and community connections. Rosier was one of four recipients to receive this honor in 2022.
As a member of Chief, Rosier is now part of the private network designed for the most powerful women executives to strengthen their leadership, magnify their influence, and pave the way to bring others with them. Chief was founded in 2019 to drive more women to the top and keep them there. Chief has since been recognized as one of Fast Company's Most Innovative Companies of 2021, and its diverse membership includes more than 10,000 of the most senior business executives in the United States.
The Health Transformation Alliance (HTA) is a cooperative of 60 of America's leading employers that have come together to fix our broken healthcare system. With responsibility for more than 4 million lives in the United States and a collective annual health care spend of $27 billion, the member companies of the HTA have combined their resources, knowledge, and experience to transform the way healthcare is delivered. To that end, the HTA has developed value-driven solutions in data and analytics, pharmacy, medical and consumer engagement specifically designed to improve patient care and economic value.
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SOURCE Health Transformation Alliance | https://www.mysuncoast.com/prnewswire/2022/06/08/nadina-rosier-health-transformation-alliance-honored-by-arthritis-foundation-named-member-chief/ | 2022-06-08T15:19:20Z |
Professional Skin Care Brand Launches Powerful Campaign To Encourage Every Body to Protect Skin from Head to Toes Using Broad-Spectrum Sunscreen Daily
SCOTTSDALE, Ariz., May 2, 2022 /PRNewswire/ -- In honor of National Skin Cancer Awareness Month, EltaMD Skin Care, the #1 Dermatologist-recommended, trusted and personally used professional sunscreen brand is partnering with well-known Dermatologists as well as celebrity dancer and skin cancer survivor Witney Carson for its Head, Shoulders, Knees and Toes campaign by promoting sun safety education and awareness on skin cancer prevention.
"One of my biggest challenges is encouraging my patients to wear sunscreen daily, which is a struggle I know many Dermatologists face. In fact, the stats show that 90% of Americans skip their daily sunscreen, and nearly half of Americans are not wearing it at all, so the need to educate consumers on the importance of daily sunscreen use has never been greater," said Dr. Melissa Levin, board-certified Dermatologist and Founder, Entière Dermatology located in New York City. "While these stats are alarming, they are also preventable. When it comes to skin cancer, prevention and early detection is everything. This means scheduling your annual skin health exams with a board-certified Dermatologist and wearing a broad-spectrum sunscreen daily on all parts of the body."
"Our commitment has always been to support physicians and the vital role they play in patient care and we do this not only by developing a wide array of wearable sunscreen formulations to choose from, but also through education," says Echo Sandburg, Chief Brand Officer, CP Skin Health. "This year for Skin Cancer Awareness Month, we are expanding our Head, Shoulders, Knees & Toes campaign launched last year to include an effort that highlights the importance of early detection, encouraging everyone to look closely as they check their skin from head to toe. By paying attention to what can easily be missed, we can better protect our skin and help reduce the risk of developing skin cancer."
To help drive awareness on the importance of taking a proactive approach to sun safety, EltaMD has partnered with professional dancer and melanoma skin cancer survivor, Witney Carson of Dancing With The Stars."When I was diagnosed with melanoma nine years ago, it was a wakeup call," says Witney. "Until this experience, I didn't realize that people in their 20s could get skin cancer, or that I could get it on my foot! But the reality is everyone is at risk to the harmful effects of the sun, especially when skin is unprotected. Today, my family and I make it a priority to apply and reapply through the day a broad-spectrum sunscreen to all parts of the body, most especially the often-overlooked areas like ears, nose, lips, hands, and yes, even the tops of our feet!"
Starting May 2, Melanoma Monday, consumers can participate in the EltaMD Head, Shoulders, Knees, and Toes Sweepstakes hosted on the site, for a chance to win a complete Sun Prize Pack with sun protection from your head to your toes. Also starting in May, EltaMD will spread a sun safety message around the country by sponsoring mobile skin cancer education and screening programs, including the Skin Cancer Foundation Destination Healthy Skin Tour and the Colorado Melanoma Foundation Sun Bus Tour visiting more than 60 US cities. Follow @eltamdskincare on Instagram, watch the campaign video or visit eltamd.com/skincancerawareness to learn more.
About EltaMD® Skin Care
EltaMD knows you're with your skin for life, so you need skincare that is too. At EltaMD, we make professional sun and skin care that's loved by skin and trusted by Dermatologists. In fact, EltaMD, isn't just the #1 Dermatologist-recommended professional sunscreen brand, it's the brand they most personally use. We've spent over 30 years developing safe and effective products designed to feel weightless and proven to protect, heal and renew skin. Because we're in it for life. For more information: www.eltamd.com.
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SOURCE EltaMD | https://www.kxii.com/prnewswire/2022/05/03/eltamd-partners-with-dermatologists-celebrity-dancer-witney-carson-its-head-shoulders-knees-amp-toes-campaign-during-skin-cancer-awareness-month/ | 2022-05-03T01:26:30Z |
DALLAS (KDAF) — As the warm weather approaches the need for a drink or two by the pool increases and what better drink to dawn than Topo Chico’s newly launched Margarita Hard Seltzer?
There are four flavors available, Signature Margarita, Tropical Pineapple, Strawberry Hibiscus and Prickly Pear. Each of those flavors is included in a variety pack with 12 fl. oz cans that contain 100 calories and 4.5% ABV per can.
“Topo Chico Hard Seltzer Variety Pack brings a unique twist to classic flavors, including Tangy Lemon Lime, Tropical Mango, Strawberry Guava and Exotic Pineapple. Infused with salt, lime and tequila flavors, Topo Chico Margarita Hard Seltzers flavors are inspired by the classic Margarita drink, with flavors like Signature Margarita, Strawberry Hibiscus, Tropical Pineapple and Prickly Pear. And inspired by the classic Texas drink, Topo Chico Ranch Water Hard Seltzer has an ultra-refreshing, crisp taste with real lime juice and tequila flavor.” | https://cw33.com/news/topo-chico-launches-new-margarita-hard-seltzer/ | 2022-04-05T18:18:56Z |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Loews Corporation (NYSE: L) announced today the declaration of the Company's quarterly dividend of $0.0625 per share of Common Stock, payable August 30, 2022 to shareholders of record as of the close of business on August 17, 2022.
Loews Corporation is a diversified company with businesses in the insurance, energy, hospitality, and packaging industries. For more information please visit www.loews.com.
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SOURCE Loews Corporation | https://www.mysuncoast.com/prnewswire/2022/08/02/loews-corporation-announces-quarterly-dividend-common-stock/ | 2022-08-02T15:54:29Z |
Cease And Desist Injunction Issued Against Chemeon For All Use Of Metalast® Trademark in Commerce
NEWPORT BEACH, Calif., July 28, 2022 /PRNewswire/ -- On February 23, 2021 the United States District Court, District of Nevada, Reno (District Court) issued a Cease and Desist Injunction and ruled against metal finishing specialty chemical company Chemeon Surface Technology, LLC (Chemeon) of Minden, Nevada. Under court order this injunction prohibits the unlawful use in commerce by anyone of the name "Metalast®", a USPTO registered trademark owned by David Semas.
Chemeon appealed the District Court order and on June 2, 2022, with a Mandate issued on June 24, 2022 the Ninth Circuit Court of Appeals further upheld the District Court's FINDINGS OF FACT AND CONCLUSIONS OF LAW. Any unauthorized use of the Metalast® name by Chemeon, Chemetall, a business unit of BASF, QualiChem or Chemeon's distributors after June 11, 2015 is a False Designation of Origin. All products or piece parts surface treated or processed after that date cannot be labeled, and are not, nor have even been "formerly Metalast", or "formerly known as Metalast." Any business marketing, distributing, selling or advertising any product characterized as such after June 11, 2015 does so without license or permission.
Chemeon, and its owners Dean and Madylon Meiling entered into a court approved contract promising after June 10, 2015, their business entities, therefore also Chemetall, QualiChem and their other distributors would "no longer be able to use the name Metalast® in any fashion or manner whatsoever." David Semas has not licensed or in any way otherwise or consented to the characterization of any business entity as being "Metalast®.".
Effective June 10, 2015, David Semas hereby disclaims any and all liability for any product defects, wrongful death, personal injury, or property damage in anyway attributed, or alleged to be attributed to, any product advertised, represented, distributed, or sold as a Metalast product, or under the "formerly Metalast" moniker, with or without the ® symbol. To view court orders, other relevant court documents and additional information go to www.metalastinc.com.
Founded by David Semas in 1994, Metalast® International, Inc., as Manager for Metalast International, LLC was a provider of METALAST® anodizing technologies and its chemical products were used for corrosion control and other metal finishing processes. METALAST® branded chemicals were approved and/or specified by Apple, BAE Systems, Bath Iron Works, The Boeing Company, Delphi, Ford, GE, General Dynamics, Honeywell, Lockheed Martin, Northrop Grumman, Pratt & Whitney, Sikorsky and hundreds of leading manufacturers and metal finishing job shops worldwide including many Fortune 500 companies and the US Military. The company is perhaps best known for its development partnership with the US Navy and manufacturing and distribution partnership with Chemetall, a Business Unit of the global giant BASF Group, for the METALAST® TCP-HF line of products, the green chemical replacement to the harmful carcinogenic anti-corrosion chemical hexavalent chromium.
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SOURCE Metalast, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/28/district-court-ruling-favor-david-semas-metalast-trademark-against-chemeon-breach-contract-upheld-by-ninth-circuit-court/ | 2022-07-29T00:44:02Z |
NEW ORLEANS, June 17, 2022 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until June 24, 2022 to file lead plaintiff applications in a securities class action lawsuit against Innovative Industrial Properties, Inc. (NYSE: IIPR) (NYSE: IIPR-PA), if they purchased the Company's securities between May 7, 2020 and April 13, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the District of New Jersey.
Innovative Industrial investors should visit us at https://claimsfiler.com/cases/nyse-iipr/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
Innovative Industrial and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company's focus is to be a cannabis company lender rather than a real estate investment trust (REIT); (ii) the true values of the Company's properties are significantly lower than represented; (iii) the Company's top customers experienced significant issues; (iv) as a result, its top customers may not be able to continue making payments to the Company and it would face significant issues replacing these customers; and (v) as a result of the foregoing, the Company's financial statements were materially false and misleading at all relevant times.
When the true details entered the market, the price of the Company's shares fell, damaging investors.
The case is Mallozzi v. Innovative Industrial Properties, Inc., et al., No. 22-cv- 2359.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler | https://www.mysuncoast.com/prnewswire/2022/06/18/innovative-industrial-shareholder-alert-claimsfiler-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-innovative-industrial-properties-inc-iipr-iipr-pa/ | 2022-06-18T04:17:04Z |
No-swim advisory issued for 3 beaches in Sarasota County
SARASOTA, Fla. (WWSB) - Sarasota County health officials issued no-swim advisories for three beaches Thursday:
- Siesta Key Beach
- North Lido Beach
- Lido Casino
The amount of enterococcus bacteria found during water quality testing on Monday, Aug. 8 was outside acceptable limits, the health department said.
Beaches remain open but people are urged not to wade, swim, or engage in water recreation at these beaches until the advisory is lifted.
You should not eat shellfish such as crabs and shrimp collected in the immediate area of any beach with a no-swim advisory in place. Finfish caught live and healthy can be eaten if filleted.
Officials have determined the cause of the elevated bacteria levels is likely due to natural sources. A line of decaying algae was found around the rocks and along the shoreline. Wrack lines, which provide food for shorebirds and wildlife, act as natural bacteria reservoirs.
Significant rainfall amounts may also be contributing to the higher bacteria levels by washing accumulated pollutants from the land surface into waterways.
No sewage spills have been reported within one mile of the posted beaches in the past two weeks, teh health department noted.
Some bacteria are naturally present in the environment. However, the Environmental Protection Agency has found a link between health and water quality.
Signs advising the public not to swim or engage in water recreation will stay in place until follow-up water testing results meet the EPA’s recreational water quality standards.
The Florida Department of Health in Sarasota County resampled the beaches Thursday and expect those results late Friday afternoon.
Enterococcus bacteria can come from a variety of natural and human-made sources. These include pet waste, livestock, birds, land-dwelling and marine wildlife, stormwater runoff, and human sewage from failed septic systems and sewage spills.
For more information, visit https://ourgulfenvironment.net and click on water monitoring and then bacterial testing to check beach water testing results of area Gulf beaches.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/11/no-swim-advisory-issued-3-beaches-sarasota-county/ | 2022-08-11T20:07:52Z |
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