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WASHINGTON, Aug. 3, 2022 /PRNewswire/ -- Clarissa Ward, CNN's multi-award winning chief international correspondent based in London, will receive the National Press Club's most esteemed prize, the Fourth Estate Award, at a Press Club gala in her honor on Wednesday, Dec. 7, in Washington. Ward is the 50th recipient of the award, which recognizes journalists who have made significant contributions to the field.
Ward has spent nearly two decades reporting from the front lines in Syria, Iraq, Afghanistan, Egypt, and Ukraine for CNN, ABC, CBS, and Fox News.
"I am incredibly honored to receive this esteemed award from the National Press Club at a time when the fourth estate is facing unprecedented threats around the world. From harassment and intimidation to imprisonment and violence, journalists put their lives on the line to challenge and question those in power," Ward said. "The National Press Club has long been a leading supporter of press freedom, and I'm thrilled by this recognition."
The Fourth Estate is the top honor bestowed on a journalist by the National Press Club Board of Governors. Previous winners include: Christiane Amanpour, Wolf Blitzer, Lester Holt, Susan Zirinsky, Dean Baquet, Marty Baron, Gwen Ifill, Andrea Mitchell, Tom Brokaw, and Walter Cronkite.
The Gala dinner is a fundraiser for the Club's nonprofit affiliate, the National Press Club Journalism Institute. The Institute advocates for press freedom worldwide, equips journalists with skills and standards to inform the public in ways that inspire a more representative democracy, and provides scholarships to aspiring journalists.
The Fourth Estate gala will begin with a reception at 6:30 p.m. followed by dinner and the awards program starting at 7:30 p.m. at the National Press Club. Tickets for the gala are $150 for National Press Club members, and $300 for members of the public. Tickets can be purchased here. For information on sponsorship opportunities please email Julie Moos, executive director of the National Press Club Journalism Institute, at jmoos@press.org.
The evening also will honor the winners of the John Aubuchon Press Freedom Awards. Rana Ayyub, an investigative journalist living in India and a Washington Post Global Opinions contributor, will be recognized for her courage while the Indian government has invasively undermined her rights and freedom of expression in response to her critical reporting. Josh Renaud, a Missouri reporter who was targeted by the governor as a criminal hacker after his reporting revealed a vulnerability in a state education website.
The winner of the Neil and Susan Sheehan award for investigative journalism will also be honored on Dec. 7.
"Clarissa's work stood out to me last year when she covered the withdrawal of U.S. troops from Afghanistan and again when she was on the ground in Ukraine," said NPC President Jen Judson. "I am full of admiration for the work she does internationally and her bravery covering hot spots as well as her understanding and sensitivity to the subject matter."
Ward is a recipient of multiple journalism honors, including nine Emmy Awards, two George Foster Peabody Awards, two Alfred I. duPont-Columbia Awards, two Edward R. Murrow Awards, and one George Polk Award. She also authored "On All Fronts: The Education of a Journalist," which details her singular career as a conflict reporter and how she has documented the violent remaking of the world from close range.
Known for her in-depth investigations and high-profile assignments, Ward and her team were the first foreign journalists permitted to enter Myanmar nearly two months after a military coup in 2021. She has since reported from Afghanistan in the weeks leading up to and after the fall of Kabul and most recently from Ukraine, where she has spent more than 10 weeks this year covering the ongoing Russian invasion.
In late 2020, Ward led the two-time Emmy Award-winning investigation of Russian opposition leader Alexey Navalny's poisoning, even confronting a suspected member of the elite Russian toxins team at his home outside Moscow.
In 2019, her months-long, Emmy Award-winning investigation into Russia's growing use of mercenaries – Putin's Private Army – included the first on-camera interview with a former fighter for Wagner, Russia's most notorious private military contractor. After visiting a diamond mine with ties to a Russian oligarch in the Central African Republic, Ward and her team were followed and intimidated by a car full of Russians. After their reports came out, they were targeted by a Russian media propaganda campaign trying to discredit their reporting.
Ward has reported extensively in Syria since the start of the civil war in 2011, with multiple undercover assignments in the country. As one of the last Western reporters to visit rebel-held Aleppo, Ward was asked to address a UN Security Council meeting on the embattled Syrian city in 2016, stating, "There are no winners in Aleppo."
She has conducted many interviews with world leaders, including British Prime Minister Boris Johnson and Russian Foreign Minister Sergei Lavrov, as well as former U.S. Secretary of State Hillary Clinton, and former CIA Director and retired US Army Gen. David Petraeus.
Ward graduated with distinction from Yale University, and in 2013 received an Honorary Doctor of Letters degree from Middlebury College in Vermont. She speaks fluent French and Italian, conversational Russian, Arabic, Spanish, and basic Mandarin.
The National Press Club wants to ensure the evening is comfortable and safe. Proof of vaccination is required to enter the facility. All attendees should bring their COVID-19 vaccination card, or a photo of it on their mobile device, as this will be checked upon entry. We encourage everyone attending, if possible, to administer an at-home COVID-19 test before coming to the event. We will not ask to see a negative test at the door, but we believe this will give everyone additional peace of mind before enjoying an evening of delicious food, drinks, and socializing. Masks are optional.
Founded in 1908, the National Press Club is the world's leading professional organization for journalists. The Club has 3,000 members representing nearly every major journalism organization and is a leading voice for press freedom in the United States and around the world.
The National Press Club Journalism Institute promotes an engaged global citizenry through an independent and free press, and equips journalists with skills and standards to inform the public in ways that inspire a more representative democracy. As the non-profit affiliate of the National Press Club, the Institute powers journalism in the public interest.
PRESS CONTACT: Bill McCarren, wmccarren@press.org, (202) 662-7534
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SOURCE National Press Club | https://www.kxii.com/prnewswire/2022/08/03/cnns-clarissa-ward-accept-2022-national-press-club-fourth-estate-award/ | 2022-08-03T15:16:57Z |
WASHINGTON, Aug. 18, 2022 /PRNewswire/ -- The CPSC announces today the following recalls are posted in cooperation with the firms listed below. Recalls can be viewed at www.cpsc.gov.
ASUS Computer International Recalls ASUS ROG Maximus Z690 Hero Motherboards Due to Fire and Burn Hazards
https://www.cpsc.gov/Recalls/2022/ASUS-Computer-International-Recalls-ASUS-ROG-Maximus-Z690-Hero-Motherboards-Due-to-Fire-and-Burn-Hazards
Hard Rock Recalls Children's Hooded Sweatshirts with Drawstrings Due to Strangulation Hazard
https://www.cpsc.gov/Recalls/2022/Hard-Rock-Recalls-Childrens-Hooded-Sweatshirts-with-Drawstrings-Due-to-Strangulation-Hazard
About the U.S. CPSC
The U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risk of injury or death associated with the use of thousands of types of consumer products. Deaths, injuries, and property damage from consumer product-related incidents cost the nation more than $1 trillion annually. CPSC's work to ensure the safety of consumer products has contributed to a decline in the rate of injuries associated with consumer products over the past 50 years.
Federal law prohibits any person from selling products subject to a Commission ordered recall or a voluntary recall undertaken in consultation with the CPSC.
For lifesaving information:
- Visit CPSC.gov.
- Sign up to receive our e-mail alerts.
- Follow us on Facebook, Instagram @USCPSC and Twitter @USCPSC.
- Report a dangerous product or a product-related injury on www.SaferProducts.gov.
- Call CPSC's Hotline at 800-638-2772 (TTY 301-595-7054).
- Contact a media specialist.
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SOURCE U.S. Consumer Product Safety Commission | https://www.wibw.com/prnewswire/2022/08/18/new-product-safety-recalls/ | 2022-08-18T15:42:02Z |
Updated COVID-19 boosters expected in September
Published: Aug. 4, 2022 at 10:36 AM EDT|Updated: 24 minutes ago
(CNN) - There may soon be a new tool to fight the COVID-19 pandemic.
Pfizer and Moderna are developing what are known as bivalent boosters.
Those are vaccines that are comprised of the old formula, along with a new one that focuses on the omicron BA.4 and BA.5 subvariants.
The Food and Drug Administration says if it approves the shots, they could become available as soon as September.
Officials say roughly 124,000 COVID-19 cases are confirmed each day, but the accuracy is in question because many cases are being undercounted.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/04/updated-covid-19-boosters-expected-september/ | 2022-08-04T15:00:34Z |
U.S. FOOTPRINT HAS INCREASED BY 32% SINCE 2020; NOW FIFTH LARGEST HOME CARE FRANCHISOR
GILBERT, Ariz., June 9, 2022 /PRNewswire/ -- SYNERGY® HomeCare, a leading national home care franchise and an Entrepreneur 500 ranked enterprise, again led the home care industry in territory sales growth in 2021, becoming one of the top five largest home care franchisors in the U.S. It marks the second-consecutive year that SYNERGY HomeCare awarded more territories than any other franchisor in the home care category, according to a review of franchise disclosure documents (FDDs) and other public records of all home care franchisors who are members of the International Franchise Association (IFA).
SYNERGY HomeCare ended 2021 with 406 sold territories. The company has inked more than 100 new territories since January 2020, which represents a 32% increase. The momentum has continued into 2022 with 16 territories sold year to date.
"There are multiple reasons for our sustained growth, but it includes a concerted effort to enhance our operating systems and offerings, while working to attract strong candidates," said SYNERGY HomeCare CEO Charlie Young. "Along with bringing on new high-quality, care-minded franchisees, we are also growing organically within our existing franchise base. Our story and message is resonating, and we are working hard to propel our franchisees and our network forward in the rapidly growing home care sector," he adds.
Young pointed to a number of current franchisees that expanded in 2021, including industry-leaders Weama Kassem and Ruth Busalacchi.
Kassem, who launched her SYNERGY HomeCare of Edmond, Oklahoma in 2012 and was recently named the system's top producing franchisee, added a second operation in Tulsa, Oklahoma.
Busalacchi, who was recently honored with the national brand's "Most Engaged Marketer," award, expanded her established SYNERGY HomeCare of Milwaukee County, Wisconsin into Elkhorn, Wisconsin.
In addition, the brand entered Rhode Island, its 40th state, with the sale of SYNERGY HomeCare of Warwick.
SYNERGY HomeCare has made numerous investments in enhancing its staff and programming, including hiring franchise marketing expert Jennifer Chasteen as its first Chief Marketing Officer. The company is also rolling out a new memory care program enabling franchisees and their caregivers to provide personalized care and engagement to people living with Alzheimer's or dementia.
"Our franchisees come to work each day knowing how much of a difference they are making in the lives of their clients and their families," said SYNERGY HomeCare Chief Growth Officer Mike Steed. "I really believe we are only beginning to scratch the surface of our growth prospects, not only in providing care for the aging demographic, but also for those living with disabilities, chronic conditions, illness, injury, and more. The need for our services is growing each day and it's exciting to see SYNERGY HomeCare as a leader in meeting those needs."
For more information on SYNERGY HomeCare franchising opportunities visit SYNERGYHomeCareFranchise.com.
SYNERGY HomeCare is the fastest-growing national franchisor in the home care industry with nearly 200 franchisees operating in more than 400 territories across the U.S. The company provides a broad range of non-medical in-home services including personal care, companion care, memory care, and specialized care for individuals who are physically or developmentally disabled, living with chronic health conditions or recovering from illness or surgery. No matter what each person's circumstances are, SYNERGY HomeCare steps in with effective, comforting, life-affirming care that moves people emotionally and physically forward. For more information visit SYNERGYHomecare.com.
David Siroty
Imagine Productions
David@ImaginePRStrategy.com
(908) 337-5865 Heather Reid
SYNERGY HomeCare
heatherreid@synergyhomecare.com
(480) 550-9567
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SOURCE SYNERGY HomeCare | https://www.mysuncoast.com/prnewswire/2022/06/09/synergy-homecare-repeats-fastest-growing-franchisor-industry-second-straight-year/ | 2022-06-09T14:19:58Z |
Industry Continues Record Revenue Pace Through First Half of 2022
WASHINGTON, Aug. 11, 2022 /PRNewswire/ -- Nationwide commercial gaming revenue totaled $14.81 billion in Q2 2022, according to the American Gaming Association's (AGA) Commercial Gaming Revenue Tracker. The total sets a new quarterly record for the industry, beating Q4 2021 by 3.3 percent.
With $29.16 billion generated through the first half of the year—a nearly 18 percent year-over-year increase—2022 is on pace to set a new annual record for commercial gaming revenue for the second consecutive year.
"Q2's results mark a 16-month period of gains for commercial gaming," said AGA President and CEO Bill Miller. "With increasingly difficult year-over-year comparisons, our strength through the first half of 2022 reflects sustained consumer demand for legal options as well as gaming's record popularity."
The industry's growth rate softened throughout the second quarter, with the pace of monthly year-over-year gains slowing from 13.1 percent in April, to 10.7 percent in May, and 2.5 percent in June—demonstrating stabilizing consumer demand and the return to normal gaming operations one year ago.
Twenty-two of the 31 commercial gaming jurisdictions operating during the same period last year experienced revenue increases in Q2 2022. Nine states reported all-time quarterly highs: Arkansas, Iowa, Maryland, Massachusetts, Nevada, New York, Oklahoma, Oregon and Pennsylvania.
Traditional casino gaming continued to drive the industry's success, with both brick-and-mortar slots and table games seeing quarterly revenue records. While slot machine revenue was up 0.2 percent year-over-year, revenue from table games jumped 18.2 percent, indicating the lingering impact that COVID restrictions had on table games in the first half of 2021. In the first six months of the year, traditional casino gaming generated $23.67 billion in revenue, 11.7 percent ahead of the first half of 2021.
The sports betting sector also continues to grow. Consumer demand coupled with six new state market launches over the last year put the vertical up 58.7 percent from Q2 2021. The $3.04 billion in sports betting revenue thus far in 2022 is a 63.9 percent year-over-year increase.
Meanwhile, the six operational U.S. iGaming markets generated $1.21 billion in Q2 2022, narrowly beating the vertical's previous record set in Q1 2022. With the addition of one market, the $2.42 billion in commercial iGaming revenue generated through June is a 43.5 percent jump over the same period in 2021—the vertical's highest-grossing year.
"While on pace to set an annual revenue record, we are cognizant of the continued impacts of inflation and labor challenges as well as marketplace concerns of potential recession," said Miller. "Our members have proven their agility and resilience over the last two years and are well-positioned to face these potential headwinds heading into the second half."
AGA's Q2 2022 commercial gaming revenue report comes on heels of the National Indian Gaming Commission's announcement that tribal operators generated an all-time high of $39 billion in gaming revenue in 2021. Combined with commercial gaming's $53 billion in revenue, 2021 beat the previous record held in 2019 by 13 percent.
"Tribal gaming demonstrated its responsible leadership throughout the pandemic and these record results reflect that commitment," concluded Miller. "The full recovery and ongoing success of tribal casinos goes well beyond the casino floor to support vibrant communities across the country."
About the AGA
As the national trade group representing the U.S. casino industry, the American Gaming Association (AGA) fosters a policy and business environment where legal, regulated gaming thrives. The AGA's diverse membership of commercial and tribal casino operators, sports betting and iGaming companies, gaming suppliers, and more lead the $261 billion industry and support 1.8 million jobs across the country.
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SOURCE American Gaming Association | https://www.wibw.com/prnewswire/2022/08/11/commercial-gaming-revenue-reaches-148b-q2-2022-sets-all-time-quarterly-high/ | 2022-08-11T21:29:41Z |
VANCOUVER, BC, Aug. 18, 2022 /PRNewswire/ - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company") is pleased to report additional results from its recent definition and expansion drilling program at the Las Conchitas area on its wholly-owned San Albino-Murra property. The Las Conchitas area is located immediately south of the San Albino Mine which is currently in commercial production, and north of the historical El Golfo Mine located within the Company's El Jicaro Concession.
Las Conchitas contains numerous mineralized structures over a 1,700m by 800m area, which has been subdivided into three primary areas: Las Conchitas north ("LC-North"), Las Conchitas central ("LC-Central") and Las Conchitas south ("LC-South").
- 85.10 g/t Au and 153.0 g/t Ag over 1.30m (0.8 m ETW)
- 16.40 g/t Au and 13.1 g/t Ag over 1.00m (0.9 ETW)
- 12.80 g/t Au and 8.2 g/t Ag over 1.10m (ETW) – additional zone
Akiba Leisman, CEO of Mako states, "Las Conchitas Central has thus far received the least amount of drilling since inception, but in this area, we are still finding similar high grade, shallow dipping, auriferous veins as we have throughout our 188 km2 land package. The importance of LC22-813 is that not only did it intersect 85.1 g/t Au over minable widths, but it was able to connect two zones previously interpreted as separate. Now we have nearly 300m of strike delineated at Mina Bonanza – Cruz Grande, and open along strike and down dip. Additionally, LC22-818 has confirmed an unusually thick part of this zone 68 meters from surface. Results from this hole will be received over the course of the next few weeks."
The Las Conchitas area covers approximately 3.75 km2 which hosts multiple subparallel, shallow, northeast-southwest striking and gently dipping mineralized veins, with stylolitic and/or brecciated textures which often contain visible gold. The Company is planning to continue drilling the area with five of the seven diamond drill rigs on site with the objective of further expansion of the mineralized structures in all three areas in preparation for a maiden resource by Q1 2023.
To date, the drilling program at Las Conchitas has focused on two high priority targets, Las Conchitas North and South; however, no systematic exploration had been conducted in the Central part of Las Conchitas area until recently. During the 2018 drilling campaign at the LC-Central area, 19 drill holes, totaling 824.5m were completed and confirmed two high grade gold bearing structures, Mina Bonanza and Cruz Grande, which were interpreted to be separate structures, located on opposite sides of a ridge. Until recently there had been no drill testing of the gap between the zones.
In May 2022, Mako initiated a drilling program to systematically test this gap. The Company has completed 18 drill holes totaling 2,227.5m confirming that these two zones have continuity within the previously interpreted gap. Drill hole LC22-813 intersected 85.10 g/t Au and 153.0 g/t Ag over 1.30m (0.8m ETW), at a vertical depth of 51.0m, connecting two zones that were previously separate and confirming continuity along strike over 295.0m (see attached longitudinal section). An additional hole, LC22-804 targeting the same gap, intersected 19.40 g/t Au and 64.2 g/t Ag over 0.90m (0.8m ETW) (see press release dated July 28, 2022 and table below).
Drill hole LC22-803 intersected 16.40 g/t Au and 13.1 g/t Ag over 1.00m (0.9m ETW), starting at vertical depth of 71.9m, confirming a 55.0m down dip extension of the high-grade mineralization previously intersected in hole CG18-25 which graded 11.31 g/t Au and 12.2 g/t Ag over 4.15m (see press release dated December 05, 2018). The same drill hole intersected three additional mineralized intervals (see table below), currently interpreted as quartz vein splays, including 13.00 g/t Au and 6.9 g/t Ag over 0.60m (0.5m ETW) indicating further untested potential within the area.
In addition, the Company has received results from drill hole LC22-804, which intersected 12.80 g/t Au and 8.2 g/t Ag over 1.10m (ETW) at a vertical depth of 6.3m from surface. This mineralized structure, which lies above the Cruz Grande zone (see attached drill plan and longitudinal section), was originally discovered in 2017, during sampling of surface exposures at the Cruz Grande area where a vertical sample in trench SAM17-TR17 returned 13.20 g/t Au and 8.5 g/t Ag over 1.20m. This drill hole confirmed a 21.0m down dip extension of a high grade, near surface mineralization warranting additional drilling to better define the continuity of the zone.
Drill hole LC22-818 (results pending), intersected a 7.5m wide mineralized interval, starting at a vertical depth of 68.0m. The interval contains two mineralized quartz veins with similar minerology as in a hole CG18-24, including the presence of visible gold, collared 82m up-dip (see attached drill plan), which intersected an interval of 23.63 g/t Au and 25.1 g/t Ag over 5.65m (see press release dated December 8, 2018). Results for LC22-818 are expected in early September.
Drill core was continuously sampled from inception to termination of the entire drill hole. Sample intervals were typically one meter with a minimum sample width of 50 cm. Drill core diameter was HQ (6.35 centimeters). Geologic and geotechnical data was captured into a digital database, core was photographed, then one-half split of the core was collected for analysis and one-half was retained in the core library.
Samples were kept in a secured logging and storage facility until such time that they were delivered to the Managua facilities of Bureau Veritas and pulps were sent to the Bureau Veritas laboratory in Vancouver for analysis. Gold was analyzed by standard fire assay fusion, 30-gram aliquot, AAS finish. Samples returning over 10.0 g/t gold are analyzed utilizing standard Fire Assay-Gravimetric method. The Company follows industry standards in its QA&QC procedures. Control samples consisting of duplicates, standards, and blanks were inserted into the sample stream at a ratio of 1 control sample per every 10 samples. Analytical results of control samples confirmed reliability of the assay data. No top cut has been applied to the reported assay results.
John M. Kowalchuk, P.Geo, a geologist and qualified person (as defined under NI 43-101) has read and approved the technical information contained in this press release. Mr. Kowalchuk is a senior geologist and a consultant to the Company.
On behalf of the Board,
Akiba Leisman
Chief Executive Officer
Mako Mining Corp. is a publicly listed gold mining, development and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open pit gold mines globally. Mako's primary objective is to operate San Albino profitably and fund exploration of prospective targets on its district-scale land package.
Statements contained herein that are not historical fact are considered "forward-looking information" within the meaning of applicable securities laws. Forward-looking information is based on management's current expectations, beliefs and assumptions, and includes, without limitation: the objectives of the drilling campaign; the results from hole LC22-818 will be received over the course of the next few weeks; the plan to continue drilling the Las Conchitas area with five of the seven diamond drill rigs on site with the objective of further expansion of the mineralized structures in all three areas in preparation for a maiden resource by Q1 2023; results for LC22-818 are expected in early September; the expectation of additional discoveries; and that the Company meets its object of operating San Albino profitably while continuing to fund exploration of prospective targets. Such forward-looking information is subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking information, including, without limitation, the risks that additional satisfactory exploration results will not be obtained the risk that the Company will not release additional exploration results on the timeline expected; the risk that additional discoveries will not continue; that exploration results will not translate into the discovery of an economically viable deposit; risks and uncertainties relating to political risks involving the Company's exploration and development of mineral properties interests; the inherent uncertainty of cost estimates and the potential for unexpected costs and expense; commodity price fluctuations, the inability or failure to obtain adequate financing on a timely basis and other risks and uncertainties disclosed in the Company's public filings at www.sedar.com. Forward-looking information contained herein is based on management's best judgment as of the date hereof, based on information currently available and is included for the purposes of providing investors with the Company's plans and expectations at the Las Conchitas area, and may not be appropriate for other purposes.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
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SOURCE Mako Mining Corp. | https://www.kxii.com/prnewswire/2022/08/18/mako-mining-intersects-8510-gt-au-1530-gt-ag-over-08-m-estimated-true-width-las-conchitas-central-connecting-mina-bonanza-cruz-grande-expanding-known-strike-length-over-295m-this-zone/ | 2022-08-18T11:50:27Z |
BENSALEM, Pa., July 29, 2022 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Energy Transfer LP ("Energy Transfer" or the "Company") (NYSE: ET).
Class Period: April 13, 2017 – December 20, 2021
Lead Plaintiff Deadline: August 2, 2022
Investors suffering losses on their Energy Transfer investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) Energy Transfer had inadequate internal controls and procedures to prevent contractors from engaging in illegal conduct with regards to drilling activities, and/or failed to properly mitigate known issues related to such controls and procedures; (2) Energy Transfer through its subsidiary Rover Pipeline, LLC hired third-party contractor to conduct HDD for the Rover Pipeline Project, whose conduct of adding illegal additives in the drilling mud caused severe pollution near the Tuscarawas River when a large inadvertent release took place on April 13, 2017; (3) Energy Transfer continually downplayed its potential civil liabilities when the FERC was actively investigating the Company's wrongdoing related to the April 13 Release and consistently provided it with updated information about FERC's findings on this matter; (4) these issues were foreseeably likely to subject Energy Transfer to increased governmental scrutiny and enforcement, as well as increased reputational and financial harm, and would also materially impact Energy Transfer's financial results; and (5) 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.
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 Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
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SOURCE Law Offices of Howard G. Smith | https://www.mysuncoast.com/prnewswire/2022/07/29/et-investors-have-opportunity-lead-energy-transfer-lp-securities-fraud-lawsuit/ | 2022-07-29T17:28:42Z |
New pricing model is simple, transparent, and disrupts the industry-standard subscription-based offerings.
BEVERLY, Mass., June 2, 2022 /PRNewswire/ -- Blues Wireless, the emerging leader in defining the full-stack IoT edge-to-cloud market, today announced a pricing update that disrupts the industry-standard subscription-based model. The update drastically simplifies how customers pay for and consume data-routing services through Blues Wireless hardware and software.
Blues Wireless is the only IoT company that offers a tiny 30mm x 35mm low-power design, secure System-on-Module (the Notecard) that includes 500 MB of prepaid cellular connectivity. In addition to its small form factor, low-power design, robust security, and baked-in cellular connectivity, Notecards also contain an on-system database, file management, and machine learning capabilities. With the purchase of a Blues Notecard, customers get free, unlimited access to the Blues Notehub, a cloud-based software as a service (SaaS) that allows customers to create projects and activate, configure, and manage their IoT devices from prototype to production at scale.
Blues now provides customers the ability purchase Consumption Credits to use towards Notehub services, such as routing events to their preferred cloud solutions like AWS, Microsoft Azure, or Google Cloud. Customers control what they buy, how they use it, and what they use it for. Volume discounts are baked in. Full transparency - no subscriptions, obligations, or annoying fees.
"Our core objective is to eliminate the complexity involved in connecting IoT devices to the cloud," said Ray Ozzie, founder & CEO of Blues Wireless. "The Notecard has fundamentally changed the game, eliminating complexity in part through embedded cellular. Today, we're changing the game again with Notehub, eliminating complexity by embedding PaaS. From device to cloud: no subscription required."
As of May 26, 2022, the following changes went into effect:
- No monthly project subscription fees.
- Each Notehub account now features a Billing Account, moving from project-based billing to account-based consumption, allowing all projects to consume services from the same account.
- Unlimited projects and users within Notehub.
- No monthly in arrears fees for routing events and APIs.
- Consumption Credit model that allows for improved consumption of current and future services made available in Notehub.
Consumption Credit model:
- 5,000 Consumption Credits are included with each newly purchased and activated Notecard at no additional cost.
- Consumption Credits are consumed from the Notehub Billing Account as Notehub services, such as data routing, are utilized.
- Each Notehub Billing Account is refreshed to 5,000 Consumption Credits at the beginning of each month if it's running low, at no additional cost.
- Additional Consumption Credits may be purchased from Notehub and discounts are available, up to 80% based on volume purchased.
"Enterprises and individuals are tired of the fee-based, multi-year subscription model. People want simplicity, affordability, control, and transparency," said Jim Hassman, President & CRO of Blues Wireless. "Every single company and person we have shown this pricing model to has confirmed that this is the future of IoT."
In addition to simplifying the pricing model, Blues is also simplifying its pricing plans. Going forward, there will only be two plan options: Standard or Enterprise.
Standard Plan: Cellular connectivity and 5,000 consumption credits are included with each Notecard, and billing accounts will refresh to 5,000 consumption credits monthly if running low. Effectively a freemium offering, customers on the standard plan who are prototyping and testing new IoT concepts will likely have no need to purchase anything from Blues. Customers who need more Consumption Credits for their projects can purchase them at any time and take advantage of connectivity and Consumption Credit assurance in Notehub to ensure they never run out.
Enterprise Plan: Customers with large fleets and special requirements will be able to take full advantage of the features of the Standard Plan and be eligible for á la cart features of the Enterprise Plan around hosting, support, and services.
For more information, visit blues.io/pricing.
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SOURCE Blues Wireless | https://www.kxii.com/prnewswire/2022/06/02/new-consumption-based-iot-pricing-model-blues-wireless-replaces-competitor-subscription-models/ | 2022-06-02T16:01:43Z |
Mike Stringile Named International Sales Director
DENVER, Aug. 9, 2022 /PRNewswire/ -- CryoMass Technologies Inc. (the "Company" or "CryoMass") (OTCQX: CRYM) welcomes Mike Stringile to lead its worldwide sales team as it prepares to launch its first commercial installation next month in Monterey, California. Mr. Stringile brings unsurpassed cannabis industry extraction knowledge and sales experience to CryoMass.
Mike began his extraction career working in the oil and gas industry in Fort McMurray, Alberta, where he was immersed in the complex world of extracting hydrocarbons from oil sands. After spending more than seven years honing his technical knowledge of hydrocarbon extraction processes, Mike was given the opportunity to apply his extraction expertise to the burgeoning new cannabis industry.
In November 2018, Mr. Stringile joined an upstart C02 extraction company based in Kelowna, British Columbia, called Vitalis Extraction Technologies. It didn't take long for Mike's expertise to pay off. Mike integrated his oil and gas industry knowledge into the design of their extractors, which resulted in the development of industry-leading C02 extractors for the cannabis industry. Simultaneously Mike built an ancillary sales department that did much more than sell extractors; it sold much-needed extraction knowledge and process integration expertise to cannabis companies. In the first 18 months, Mike's sales division generated more than $18 million in revenues for Vitalis.
Then in March 2020, during the Covid lockdowns, Mr. Stringile co-founded AGMS Solutions Inc., which continues to provide a comprehensive suite of extraction-oriented consulting services to the cannabis industry. AGMS quickly developed a worldwide network of cannabis cultivators, extractors, and finished goods producers seeking to avail themselves of advanced and customized extraction solutions.
CryoMass Director and CEO Christian Noël stated, "Having someone with both the technical extraction expertise and proven sales experience that Mr. Stringile possesses is extremely rare in today's cannabis industry. I am extremely confident that between Mike and our current Director of U.S. Sales, Steve Cimini, we have the perfect team to rapidly build an international sales and toll-partnering network that generates millions of dollars of revenues."
Mr. Stringile, commenting on his appointment, stated, "I am extremely excited about the opportunity to lead the development and deployment of a robust international sales effort for CryoMass. I've seen just about everything there is to see when it comes to extraction technologies and when I understood what these guys were up to, I immediately thought of just one thing… this will change everything. And the beauty of this must-have technology is that it is patent-protected until 2038. I see this as a major game changer for the entire industry – globally."
The common stock of CryoMass Technologies Inc. trades on the OTC QX market under the symbol CRYM. For further information, please contact the Company by email at investors@cryomass.com or by telephone at +1 833 256 2382.
This press release is not an offer of securities, or a solicitation for purchase, subscription or sale of securities in the United States of America or in any other jurisdiction in which it would be unlawful to do so.
This press release may contain forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 that involve known and unknown risks, uncertainties and other factors, including risk factors identified in the Company's SEC filings, and which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Risks and uncertainties include, without limitation, changes in the regulatory environment affecting the sale and use of cannabis or hemp products and of other, potential lines of businesses that the Company will consider entering at a given time, demand for the Company's products, internal funding and the financial condition of the Company, product roll-out, competition, our dependence upon our commercial partners, variations in the global commodities markets and other commercial matters involving the Company, its products and the markets in which the Company operates or seeks to enter, as well as general economic conditions. The forward-looking statements in this press release are made only as of the date hereof, and unless otherwise required by applicable securities laws, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Investors should note that there are significant legal restrictions and regulations that govern the cannabis industry in the United States. Marijuana, as defined in the U.S. Controlled Substances Act, remains a Schedule I drug under the respective act, making it illegal under federal law in the U.S. to, among other things, cultivate, distribute or possess cannabis. Financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the U.S. may form the basis for prosecution under applicable U.S. federal money laundering legislation. Please carefully review the Company's SEC filings with respect to related risk factor.
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SOURCE CryoMass Technologies Inc | https://www.kxii.com/prnewswire/2022/08/09/cryomass-technologies-appoints-top-extractor-sales-veteran-lead-global-sales-just-ahead-california-product-launch/ | 2022-08-09T11:26:57Z |
DOJ: Warren Buffett’s mortgage company redlined in Philly
NEW YORK (AP) — A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett discriminated against potential Black and Latino homebuyers in Philadelphia, New Jersey and Delaware, the Department of Justice said Wednesday, in what they are calling the second-largest redlining settlement in history.
Trident Mortgage Co., a division of Berkshire Hathaway, deliberately avoided writing mortgages in minority-majority neighborhoods in West Philadelphia; Camden, New Jersey; and in Wilmington, Delaware; the DOJ and the Consumer Financial Protection Bureau said in their settlement with Trident. As part of the agreement with the DOJ and the CFPB, Trident will have to set aside $20 million to make loans in underserved neighborhoods.
The DOJ alleged that employees of Trident, which stopped writing mortgages in 2020, made racist comments about making loans to Black homebuyers, calling certain neighborhoods “ghettos” and one manager of Trident was photographed posing in front of the Confederate Flag.
“Trident’s unlawful redlining activity denied communities of color equal access to residential mortgages, stripped them of the opportunity to build wealth, and devalued properties in their neighborhoods,” said Kristen Clarke, an assistant Attorney General of the Justice Department’s Civil Rights Division, in a prepared statement.
Trident’s parent company, HomeServices of America, didn’t immediately reply to a request for comment.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/27/doj-warren-buffetts-mortgage-company-redlined-philly/ | 2022-07-27T15:32:27Z |
WASHINGTON (AP) — The White House announced Friday that the U.S. is sending an additional $270 million in security assistance to Ukraine, a package that will include additional medium range rocket systems and tactical drones.
The latest tranche brings the total U.S. security assistance committed to Ukraine by the Biden administration to $8.2 billion, and is being paid for through $40 billion in economic and security aid f or Ukraine approved. by Congress in May.
The new package includes four High Mobility Artillery Rocket Systems, or HIMARS and will allow Kyiv to acquire up to 580 Phoenix Ghost drones, both crucial weapon systems that have allowed the Ukrainians to stay in the fight despite Russian artillery supremacy, according to John Kirby, the White House National Security Council’s coordinator for strategic communications. The latest assistance also includes some 36,000 rounds of artillery ammunition and additional ammunition for the HIMARS.
“The president has been clear that we’re going to continue to support the government of Ukraine and its people for as long as it takes,” Kirby said.
Ukrainian forces have used U.S.-made rocket launchers and tactical drones to destroy dozens of Russian targets and hold at bay Russia’s larger and more heavily equipped forces.
Russia can fire far more ammunition but has sustained huge losses of troops and equipment as Ukrainian forces have been equipped with precision weaponry from the U.S. and other Western allies. CIA Director William Burns on Wednesday said the U.S. estimates roughly 15,000 Russian forces have been killed. That death toll would be equivalent to the Soviet Union’s military losses in its 1980s war in Afghanistan, which lasted nearly a decade.
To try to equalize the conflict, Ukraine has made ample use of Western-supplied technologies as it defends its eastern lines.
Ukraine has long sought more HIMARS launchers, which fire medium-range rockets and also can be quickly moved before Russia can target them. On Wednesday, Ukrainian forces reportedly used a HIMARS to hit a strategic bridge in the Russia-occupied southern region of Kherson. One military expert told The Associated Press that the systems have “hardly had any rest during the day or at night.”
U.S. authorities also are providing Ukraine with more guided rockets known as GMLRS. The Pentagon continues to rule out sending longer-range rockets that Ukraine could potentially use to strike deep into Russian territory. That’s a nod to the U.S. trying to manage the risk of Russia instigating a broader war.
The U.S. has already sent 12 truck-mounted HIMARS to Ukraine. The United Kingdom has also provided three launchers of a different kind with GMLRS rockets as well.
Both sides in the war have made ample use of drones. The U.S. had previously committed to sending 121 Phoenix Ghosts to Ukraine. Pentagon officials have not fully disclosed the capabilities of those drones, which were developed by the U.S. Air Force and produced by Aevex Aerospace, which describes itself as a leader in “full-spectrum airborne intelligence solutions.” The latest batch of Ghosts is expected to arrive starting in August.
The drones have onboard cameras and can be used to attack targets. Speaking to reporters Friday, a senior U.S. defense official declined to say how the Ghost is used but said Ukraine had integrated drones into its battlefield approach “to great effect.” The official spoke on condition of anonymity under rules set by the Pentagon.
The U.S. disclosed earlier this month that it believes Russia is planning to obtain several hundred drones from Iran. Iranian drones have previously penetrated Saudi and Emirati air defense systems in the Middle East that were supplied by the U.S. Biden administration officials have tried to publicly discourage Iran from moving forward with the transfer.
The White House released satellite imagery that indicates Russian officials twice visited Iran in June or July for a showcase of weapons-capable drones it is looking to acquire. | https://cw33.com/news/politics/ap-politics/white-house-announces-270m-military-package-for-ukraine/ | 2022-07-22T21:23:07Z |
Current or aspiring commercial real estate professionals can make referral connections and learn new business strategies at this premier industry event in September
DENVER, Aug. 25, 2022 /PRNewswire/ -- RE/MAX, LLC today announced an impactful lineup of speakers for the upcoming 2022 RE/MAX Commercial Symposium. The three-day event, designed to help commercial brokers build their businesses – and provide insights to residential agents interested in expanding their expertise – will be at the Westin La Paloma Resort & Spa in Tucson, Arizona, September 11-13.
This year's speaker lineup is extremely strong, starting at the top. Futurist Greg Lindsay will speak about what's ahead for commercial real estate in urban environments in the wake of the COVID-19 pandemic. And Rick Sharga, Executive Vice President of Marketing Intelligence for ATTOM Data Solutions, will provide a data-rich update on the current commercial real estate market.
"The COVID-19 pandemic has brought about significant change in the commercial real estate industry," says Shawna Gilbert, RE/MAX Senior Vice President of Global Development, who oversees RE/MAX Commercial. "The RE/MAX Commercial Symposium offers an opportunity for commercial or residential agents to connect and discuss the ever-changing market. Attendees will learn a lot about trends, marketing, technology and other topics that can take their business to the next level."
Participants will also hear from RE/MAX leaders including Mike Reagan, RE/MAX Senior Vice President, Industry Relations and Global Growth & Development, and Kristie Kimnach, Director of RE/MAX Commercial, among others. Other featured speakers and topics include:
- Paul Rumler, CEO & EVP, CCIM Institute and Richard Juge, President, RE/MAX Commercial Brokers, Inc will discuss how the partnership between RE/MAX Commercial and the CCIM Institute creates business-building opportunities for brokerages, teams and individuals.
- Mark Hulsey, Managing Broker, RE/MAX Results Commercial Group will speak to marketing tactics tailored specifically for commercial real estate professionals.
- Aubrie Kobernus, CEO, REALTORS® Land Institute, will moderate a panel of RE/MAX commercial brokers on the strategies behind land deals.
In 2021, RE/MAX Associates in 89 countries closed over 50,000 commercial transaction sides and $19 billion in commercial sales and lease volume. Additionally, in 2021, RE/MAX Commercial grew in volume 66.4% year over year*. Registration is open for the year's RE/MAX Commercial Symposium. Learn more about the event and register here.
*Global Commercial sales and lease volume.
About the RE/MAX Network
As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 140,000 agents in almost 9,000 offices and a presence in more than 110 countries and territories. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides. RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. RE/MAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children's Miracle Network Hospitals® and other charities. To learn more about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about RE/MAX, please visit news.remax.com.
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SOURCE RE/MAX, LLC | https://www.kxii.com/prnewswire/2022/08/25/2022-remax-commercial-symposium-host-dynamic-speakers/ | 2022-08-25T20:32:20Z |
BHUBANESWAR, India, May 16, 2022 /PRNewswire/ -- KIIT Deemed-to-be-University, Bhubaneswar has been ranked 8th best University in the world in the prestigious Times Higher Education Impact Rankings 2022 for the impressive progress made in 'reducing inequalities'.
Achieving gender equality is one of the key parameters of the United Nation's Sustainable Development Goal (SDG) objectives.
The London-based Times Higher Education, which carries out rankings of the institutes and universities on different parameters every year including the famed 'world university ranking', released the latest report of the Impact Rankings 2022 on April 28.
The Impact Rankings assessed the universities' commitment to sustainability across four broad areas: Research, stewardship, outreach and teaching.
KIIT was only among a handful of Indian universities to have featured in the list. Securing 8th place is an acknowledgement of its commitment to achieving excellence in every academic sphere. KIIT's high score also reflects its social responsibility and impactful contributions toward SDGs.
KIIT and KISS Founder, Prof. Achyuta Samanta lauded the historic achievement and said: "KIIT's position among the world's most impactful universities in the parameter of 'Reducing Inequalities' reflects its enormous contribution in the field over the decades."
He congratulated Chancellor Prof. Ved Prakash; Vice-Chancellor Prof. Sasmita Samanta, faculty, staff members and the students of KIIT for the unique achievement.
KIIT is one of the foremost Indian universities that attract students from across India and over 53 nations to pursue professional and technical education. It is widely regarded as the most student-friendly university that values and cherishes the principles of compassion and humanity.
While KIIT was ranked 8th best globally for 'Reducing Inequalities', it was in the ranks of 101-200 among the 1,500 universities from 106 countries for its achievement in other SDGs such as Quality Education; Peace, Justice and Strong Institutions; and Partnerships for the Goals. It achieved the overall position of 201-300 in the rankings.
Along with quality education and research, KIIT is actively involved in a wide spectrum of social development activities since its inception.
KIIT has done extensive work in the field of reducing inequalities. As a result, it has got the 8th position in the entire world in this parameter of SDG, underling KIIT's steadfast commitment towards all the 17 SDGs through its academic and social outreach programmes.
KIIT takes pride as a community-based university and has been contributing to pressing social issues such as reducing poverty through education, women empowerment, equal opportunity in the workplace, rural development, tribal upliftment, art, culture and literature.
About KIIT
The University was founded in 1992-93 by Prof Samanta, an eminent educationist and social activist. It made a modest beginning as a vocational training centre. But its principles and the underlying belief in making quality education accessible to all made it a sought-after destination for higher studies. It took shape as a centre of higher learning in 1997, which is considered, the base year. Since then, KIIT has grown exponentially, setting a classic benchmark in education and research activities.
Media Contact:
Dr. Shradhanjali Nayak
director.pr@kiit.ac.in
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SOURCE KIIT | https://www.mysuncoast.com/prnewswire/2022/05/16/making-an-impact-kiit-ranked-8th-globally-sdg-reducing-inequalities/ | 2022-05-16T12:49:57Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for PLSE, ELEV, BORR, SNOA, and SHLS.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- PLSE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PLSE&prnumber=060120222
- ELEV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ELEV&prnumber=060120222
- BORR: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BORR&prnumber=060120222
- SNOA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SNOA&prnumber=060120222
- SHLS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SHLS&prnumber=060120222
(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/2022/06/01/thinking-about-buying-stock-pulse-biosciences-elevation-oncology-borr-drilling-sonoma-pharmaceuticals-or-shoals-technologies/ | 2022-06-01T14:06:58Z |
KPZ Week 3: McPherson 15, Junction City 30
Published: Sep. 16, 2022 at 10:59 PM CDT|Updated: 1 hour ago
JUNCTION CITY, Kan. (WIBW) - KPZ Week 3: McPherson 15, Junction City 30
Copyright 2022 WIBW. All rights reserved.
JUNCTION CITY, Kan. (WIBW) - KPZ Week 3: McPherson 15, Junction City 30
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/17/kpz-week-3-mcpherson-15-junction-city-30/ | 2022-09-17T05:04:10Z |
- 86 percent of people with Parkinson's disease (PD) (n=113) taking the survey experience OFF time daily, and a majority report it has a significant impact on activities
- While three in four people with PD (78%) report that their current treatment plan is effective at limiting their PD symptoms, over half (56%) also say that they don't think their symptoms can improve beyond their current state
SAN DIEGO, Sept. 12, 2022 /PRNewswire/ -- Parkinson & Movement Disorder (PMD) Alliance, in partnership with Neurocrine Biosciences (Nasdaq: NBIX), a leading neuroscience-focused biopharmaceutical company committed to meeting the needs of people with complex and debilitating disorders, today announced results from the Survey Assessment: Impact of OFF Time on People with Parkinson's Disease and Their Care Partners. Findings revealed that despite a majority of these people with Parkinson's disease (PD) and their care partners being significantly impacted by OFF time—a period of time when PD symptoms return between regular doses of carbidopa/levodopa medication—there is a general acceptance that the emergence of OFF time is part of the disease, and they may not be aware of the availability and use of adjunctive treatment options to address return of PD symptoms.
The survey was conducted by Ipsos, one of the largest market research and polling companies globally.
"At PMD Alliance, we are passionate about connecting directly with the PD community about their experiences, challenges, and strategies to live well after a diagnosis. We hear again and again about the impact of OFF time, from both people living with the disease, and their loved ones and care partners," said Andrea Merriam, Acting CEO, PMD Alliance. "Good communication between families and healthcare providers is crucial to recognize the signs of OFF time and stay informed about adjunctive treatment options so intervention can occur early in the treatment plan, if needed."
Key findings from the survey include:
People with PD and Care Partners Should Discuss OFF Time Symptoms with a Healthcare Provider
Among people with PD (n=113) taking the survey:
- 86 percent of these people with Parkinson's disease experience OFF time daily, and a majority report it has a significant impact on activities.
- While three in four people with PD (78%) report that their current treatment plan is effective at limiting their PD symptoms, over half (56%) also say that they don't think their symptoms can improve beyond their current state.
Among care partners (n=127) taking the survey:
- Care partners who took the survey are most likely to feel frustrated, anxious, and stressed when their loved ones with PD experience OFF time symptoms.
"The results of this survey reinforce that while numerous therapeutic options exist for our patients, these therapies may be under-utilized. We need to better explore what 'effective' means for each patient, and address what concerns may prevent them from seeking better symptom control," said Jill Farmer, DO, MPH, Assistant Professor of Neurology and Director of the Parkinson's Disease & Movement Disorder Program at the Global Neurosciences Institute in Lawrenceville, NJ. "It is our duty as physicians to make patients aware of available options for symptom improvement and when these options include medication, we need a thoughtful conversation about the potential benefits and risks of incorporating adjunctive therapy as part of their treatment plan."
Misconceptions About Adjunctive Therapy
Among people with PD (n=113) taking the survey:
- Nearly all are willing to explore new treatment options (96%) and would ask their doctor about adjunctive therapies (94%).
- 72% of people with PD mistakenly believe that adding adjunctive therapy means their PD is progressing.
- Nearly half (49%) are unsure whether their current treatment plan is doing what it should, and 30% feel uninformed about additional treatment options.
Despite a majority of these people with Parkinson's disease and care partners being significantly impacted by OFF time, there is a general acceptance that the emergence of OFF time is part of the disease, and they may not be aware of the availability and use of adjunctive treatment options for use to address return of PD symptoms.
"Neurocrine Biosciences and PMD Alliance share an ongoing commitment to encourage greater awareness about the realities of living with PD, which includes how OFF time impacts people with PD and their care partners," said Olga Klepitskaya, Medical Director, Neurocrine Biosciences. "We're pleased to partner with PMD Alliance on this new initiative where our goal is to help foster discussions about OFF time treatment needs, including the potential benefits and risks of adjunctive therapy."
About the Survey Assessment: Impact of OFF Time on People with Parkinson's Disease and Their Care Partners
Conducted by Ipsos, the Survey Assessment: Impact of OFF Time on People with Parkinson's Disease and Their Care Partners included a sample of 240 adults (age 18+) from the continental U.S., Alaska, and Hawaii. Participants were interviewed online in English from May 5 through June 10, 2022. Of the patients who participated in a survey, 100 came from Ipsos' partner online panel source, M360, which specializes in conducting healthcare research using commercial panel sources. Another 13 interviews came from an email list obtained from the PMD Alliance. To qualify for the survey, respondents either needed to have received a clinical diagnosis of PD or be a primary care partner of someone with PD.
About Parkinson's Disease
Parkinson's disease (PD) is a chronic, progressive, and debilitating neurodegenerative disorder that affects approximately 1 million people in the U.S. and 6 million people worldwide. PD is associated with low dopamine levels produced in the brain. Dopamine helps transmit signals between the areas of the brain that control all purposeful movements, including talking, walking, and writing. As PD progresses, dopamine production steadily decreases, resulting in increased problems with PD symptoms including slowed movement (bradykinesia), tremor, rigidity, impaired posture and balance, and difficulty with speaking and writing.
There is presently no cure for PD and management of the disease largely consists of the use of treatments that attempt to control PD symptoms. The current gold standard for treatment of PD symptoms is carbidopa/levodopa. While carbidopa/levodopa improves patients' PD symptoms, as the disease progresses, the effects of levodopa begin to wear off more quickly. OFF time is when PD symptoms—such as stiffness or tremors—return between regular doses of medication. OFF time can happen when carbidopa/levodopa is wearing off. The way OFF time affects people with PD and the symptoms they experience are unique.
About Parkinson & Movement Disorder (PMD) Alliance
Parkinson & Movement Disorder (PMD) Alliance is an independent, national 501(c)3 nonprofit on a mission to empower people impacted by movement disorders with the tools and meaningful connections they need to thrive today. PMD Alliance provides free resources to the entire Movement Disorder Care & Support Ecosystem©—to people living with the disease, care partners and adult children, support group leaders, and healthcare providers—because we all do better when everyone's empowered. PMD Alliance believes in expanding access to high quality, expert-driven, deep-diving online and in-person programs. PMD Alliance is here to navigate the waves of a movement disorder together, bringing clarity and life-giving solutions.
PMD Alliance is not affiliated with any medical practice or institution.
Visit PMDAlliance.org to learn more.
Neurocrine Biosciences is a neuroscience-focused, biopharmaceutical company with a simple purpose: to relieve suffering for people with great needs, but few options. We are dedicated to discovering and developing life-changing treatments for patients with under-addressed neurological, neuroendocrine, and neuropsychiatric disorders. The company's diverse portfolio includes FDA-approved treatments for tardive dyskinesia, Parkinson's disease, endometriosis* and uterine fibroids*, as well as over a dozen mid- to late-stage clinical programs in multiple therapeutic areas. For three decades, we have applied our unique insight into neuroscience and the interconnections between brain and body systems to treat complex conditions. We relentlessly pursue medicines to ease the burden of debilitating diseases and disorders, because you deserve brave science. For more information, visit neurocrine.com, and follow the company on LinkedIn, Twitter and Facebook. (*in collaboration with AbbVie).
Neurocrine and the Neurocrine logo are registered trademarks of Neurocrine Biosciences.
In addition to historical facts, this press release contains forward-looking statements that involve a number of risks and uncertainties. These statements include, but are not limited to, statements regarding the potential benefits to be derived from the Company's products and product candidates, the Company's plans to encourage awareness that may help address the needs of people living with PD, and the value that such awareness may bring to patients. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are: risks and uncertainties associated with the commercialization of the Company's products or product candidates; risks that the Company's products and/or product candidates may be precluded from commercialization by the proprietary rights of third parties, or have unintended side effects or adverse reactions or incidents of misuse; risks and uncertainties relating to competitive products and technological changes that may limit demand for the Company's products; risks associated with potential generic entrants for our products; risks associated with our dependence on third parties for manufacturing activities; risks that clinical development activities may not be completed on time or at all, or may be delayed for regulatory, manufacturing, COVID-19 or other reasons, may not be successful or replicate previous clinical trial results, may fail to demonstrate that our product candidates are safe and effective, or may not be predictive of real-world results or of results in subsequent clinical trials; risks that the potential benefits of the agreements with our collaboration partners may never be realized; whether the survey findings represent the experiences of people living with PD; whether the Company can successfully encourage awareness that may help address the unmet needs of people living with PD; and other risks described in the Company's periodic reports filed with the Securities and Exchange Commission, including without limitation the Company's quarterly report on Form 10-Q for the quarter ended June 30, 2022. Neurocrine Biosciences disclaims any obligation to update the statements contained in this press release after the date hereof.
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SOURCE Neurocrine Biosciences, Inc. | https://www.mysuncoast.com/prnewswire/2022/09/12/parkinson-amp-movement-disorder-pmd-alliance-neurocrine-biosciences-announce-new-survey-results-revealing-significant-impact-off-time-has-people-with-parkinsons-disease-their-care-partners/ | 2022-09-12T13:41:43Z |
- 32.4% increase in diluted net earnings per share to $0.49
- 20.9% increase in EBITDA(1) to $300.0 million
- Sales growth of 12.4% and comparable store sales(1) growth of 7.3%
- Publication of Climate Strategy and 2022 ESG Update, including first-generation intensity reduction target for Scope 1 and Scope 2 GHG emissions
MONTREAL, June 8, 2022 /PRNewswire/ - Dollarama Inc. (TSX: DOL) ("Dollarama" or the "Corporation") today reported its financial results for the first quarter ended May 1, 2022.
- Sales increased by 12.4% to $1,072.9 million
- Comparable store sales(1) grew 7.3%
- EBITDA(1) increased by 20.9% to $300.0 million, or 28.0% of sales, compared to 26.0% of sales
- Operating income increased by 24.4% to $220.0 million, or 20.5% of sales, compared to 18.5% of sales
- Diluted net earnings per share increased by 32.4% to $0.49, compared to $0.37
- 10 net new stores opened, compared to 12 net new stores
- 1,444,803 common shares repurchased for cancellation for $107.3 million
"With the lifting of COVID-19 restrictions across Canada early in the quarter, we were pleased to see a double-digit increase in customer traffic, coupled with strong demand for our affordable, everyday consumables and seasonal goods. Our strong performance across key metrics in the first quarter reflects the relevance of our business model and positive consumer response to our value proposition in a high-inflation environment," said Neil Rossy, President and CEO. "Mindful of the challenging environment in which we are operating, we will continue to rely on the levers at our disposal to mitigate ongoing supply chain and cost pressures, while providing consumers with the best relative value on the market," he added.
"I am also pleased with our continued progress over the last year on the ESG front, including the publication of our climate strategy and roadmap. We approach our sustainability commitments as a journey on which we must continuously set the bar higher. We also believe in setting measurable and achievable goals, that consider our business and operations, the unique role we play in the lives of Canadian consumers, and the expectations of our stakeholders," concluded Mr. Rossy.
All comparative figures that follow are for the first quarter ended May 1, 2022, compared to the first quarter ended May 2, 2021. All financial information presented in this press release has been prepared in accordance with generally accepted accounting principles in Canada ("GAAP") as set out in the CPA Canada Handbook – Accounting under Part I, which incorporates International Financial Reporting Standards ("IFRS") as issued by the International Accounting Standards Board ("IASB"). For a full explanation of the Corporation's use of non-GAAP and other financial measures, please refer to the section entitled "Selected Consolidated Financial Information" of this press release, under the heading "Non-GAAP and Other Financial Measures". All references to "Fiscal 2022" are to the Corporation's fiscal year ended January 30, 2022, and to "Fiscal 2023" are to the Corporation's fiscal year ending January 29, 2023.
Sales for the first quarter of Fiscal 2023 increased by 12.4% to $1,072.9 million, compared to $954.2 million for the first quarter of Fiscal 2022. This increase was driven by growth in the total number of stores over the past 12 months (from 1,368 stores on May 2, 2021, to 1,431 stores on May 1, 2022) and in comparable store sales.
Comparable store sales for the first quarter of Fiscal 2023 increased by 7.3%, over and above 5.8% growth in the first quarter of Fiscal 2022 and consisted of a 14.4% increase in the number of transactions and a 6.2% decrease in average transaction size, reflecting a reversal in consumer shopping patterns compared to the prior year comparable period. The increase in comparable store sales is attributable to good seasonal performance and higher sales of consumables resulting in increased customer traffic across the store network year over year, whereas the same quarter last year was marked by a ban, effective April 8, 2021 and lifted after quarter-end on June 11, 2021, on the sale of non-essential goods in Ontario, where approximately 40% of the Corporation's stores are located.
EBITDA totalled $300.0 million, or 28.0% of sales, for the first quarter of Fiscal 2023, compared to $248.2 million, or 26.0% of sales, in the first quarter of Fiscal 2022. The increase in EBITDA reflects a solid gross margin and strong SG&A performance.
Gross margin was 42.1% of sales in the first quarter of Fiscal 2023, compared to 42.3% of sales in the first quarter of Fiscal 2022. Gross margin was slightly lower this quarter due to a change in the sales mix, with stronger sales of consumables, partially offset by lower logistic costs.
General, administrative and store operating expenses ("SG&A") for the first quarter of Fiscal 2023 increased by only 1.2% to $160.6 million, compared to $158.7 million for the first quarter of Fiscal 2022. SG&A represented 15.0% of sales, compared to 16.6% of sales for the first quarter of Fiscal 2022. This improvement is primarily attributed to the fact that incremental direct costs related to COVID-19 measures for the first quarter of Fiscal 2023 were only $1.6 million, representing a 15 basis-point impact, compared to $18.3 million, representing a 190 basis-point impact, in the same period last year.
The Corporation's 50.1% share of Dollarcity's net earnings for the period from January 1, 2022, to March 31, 2022, was $8.7 million, compared to $3.4 million for the same period last year, reflecting a strong financial and operational performance by Dollarcity. The Corporation's investment in Dollarcity is accounted for as a joint arrangement using the equity method.
Financing costs increased by $2.3 million, from $22.1 million for the first quarter of Fiscal 2022 to $24.4 million for the first quarter of Fiscal 2023, mainly due to slightly higher average borrowings.
Net earnings were $145.5 million, or $0.49 per diluted common share, in the first quarter of Fiscal 2023, compared to $113.6 million, or $0.37 per diluted common share, in the first quarter of Fiscal 2022. Net earnings improved due to higher sales, and a higher equity pick-up from Dollarcity's net earnings, partially offset by a slightly lower gross margin.
During its first quarter ended March 31, 2022, Dollarcity opened 8 net new stores, compared to 15 net new stores in the same period last year. As at March 31, 2022, Dollarcity had a total of 358 stores, with 210 locations in Colombia, 78 in Guatemala, 60 in El Salvador and 10 in Peru. This compares to a total of 350 stores as at December 31, 2021.
During the first quarter of Fiscal 2023, 1,444,803 common shares were repurchased for cancellation under the Corporation's normal course issuer bid, for a total cash consideration of $107.3 million, at a weighted average price of $74.29 per share. As at May 1, 2022, the Corporation's adjusted net debt to EBITDA ratio was 2.74 times.
On June 8, 2022, the Corporation announced that its Board of Directors had approved a quarterly cash dividend for holders of common shares of $0.0553 per common share. This dividend is payable on August 5, 2022 to shareholders of record at the close of business on July 8, 2022. The dividend is designated as an "eligible dividend" for Canadian tax purposes.
As part of its sustainability commitments, Dollarama today published its Climate Strategy and 2022 ESG Update. This latest report includes Dollarama's first Scope 1 and Scope 2 emissions intensity reduction target of 25% by 2030 from a 2019 baseline, on a square footage basis. Dollarama also reiterated its commitment to pursue further alignment with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
In addition, Dollarama provides annual progress updates and additional information across select material topics ranging from diversity and inclusion to responsible sourcing. It also published an updated annual Sustainability Accounting Standards Board (SASB) Index.
Intended for all stakeholders and to be read in conjunction with regulatory filings, Dollarama's Climate Strategy and 2022 ESG Update is available for download in the Sustainability section of its corporate website.
Certain statements in this press release about our current and future plans, expectations and intentions, results, levels of activity, performance, goals or achievements or any other future events or developments constitute forward-looking statements. The words "may", "will", "would", "should", "could", "expects", "plans", "intends", "trends", "indications", "anticipates", "believes", "estimates", "predicts", "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking statements.
Forward-looking statements are based on information currently available to management and on estimates and assumptions made by management regarding, among other things, general economic and geopolitical conditions and the competitive environment within the retail industry in Canada and in Latin America, in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that are believed to be appropriate and reasonable in the circumstances. However, there can be no assurance that such estimates and assumptions will prove to be correct. Many factors could cause actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements, including the factors which are outlined in the management's discussion and analysis for the first quarter of Fiscal 2023 and discussed in greater detail in the "Risks and Uncertainties" section of the Corporation's annual management's discussion and analysis for Fiscal 2022, both available on SEDAR at www.sedar.com and on the Corporation's website at www.dollarama.com.
These factors are not intended to represent a complete list of the factors that could affect the Corporation or Dollarcity; however, they should be considered carefully. The purpose of the forward-looking statements is to provide the reader with a description of management's expectations regarding the Corporation's and Dollarcity's financial performance and may not be appropriate for other purposes. Readers should not place undue reliance on forward-looking statements made herein. Furthermore, unless otherwise stated, the forward-looking statements contained in this press release are made as at June 8, 2022 and management has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
Dollarama will hold its annual general meeting of shareholders today, June 8, 2022 at 9:00 a.m. (ET). The meeting will be conducted online only, via live audio webcast. All shareholders of record as of the close of business on April 14, 2022, regardless of geographic location, will be able to listen to the live audio webcast and submit questions. However, only registered shareholders and duly appointed proxyholders (including non-registered shareholders who have duly appointed themselves as proxyholder) will be able to vote at the meeting.
Dollarama will also hold a conference call to discuss its Fiscal 2023 first quarter results today, June 8, 2022 at 11:00 a.m. (ET). Financial analysts are invited to ask questions during the call. Other interested parties may participate in the call on a listen-only basis.
Both live audio webcasts are accessible through Dollarama's website at https://www.dollarama.com/en-CA/corp/events-presentations.
Dollarama is a recognized Canadian value retailer offering a broad assortment of consumable products, general merchandise and seasonal items both in-store and online. Our 1,431 locations across Canada provide customers with compelling value in convenient locations, including metropolitan areas, mid-sized cities and small towns. Select products are also available, by the full case only, through our online store at www.dollarama.com. Our quality merchandise is sold at select fixed price points up to $5.00.
Dollarama also owns a 50.1% interest in Dollarcity, a growing Latin American value retailer. Dollarcity offers a broad assortment of consumable products, general merchandise and seasonal items at select, fixed price points up to US$4.00 (or the equivalent in local currency) in 358 conveniently located stores in El Salvador, Guatemala, Colombia and Peru.
The Corporation prepares its financial information in accordance with GAAP. We have included non-GAAP and other financial measures to provide investors with supplemental measures of our operating and financial performance. We believe that those measures are important supplemental metrics of operating and financial performance because they eliminate items that have less bearing on our operating and financial performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on GAAP measures. We also believe that securities analysts, investors and other interested parties frequently use non-GAAP and other financial measures in the evaluation of issuers. Our management also uses non-GAAP and other financial measures in order to facilitate operating and financial performance comparisons from period to period, to prepare annual budgets, and to assess our ability to meet our future debt service, capital expenditure and working capital requirements.
The below-described non-GAAP and other financial measures do not have a standardized meaning prescribed by GAAP and are therefore unlikely to be comparable to similar measures presented by other issuers and should be considered as a supplement to, not a substitute for, or superior to, the comparable measures calculated in accordance with GAAP.
EBITDA
EBITDA represents operating income plus depreciation and amortization and includes the Corporation's share of net earnings of its equity-accounted investment.
Total debt
Total debt represents the sum of long-term debt (including accrued interest and fair value hedge – basis adjustment), short-term borrowings under the US commercial paper program and other bank indebtedness (if any).
Net debt
Net debt represents total debt minus cash.
Adjusted net debt to EBITDA ratio
Adjusted net debt to EBITDA ratio is a ratio calculated using adjusted net debt over consolidated EBITDA for the last twelve months.
EBITDA margin
EBITDA margin represents EBITDA divided by sales.
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SOURCE Dollarama Inc. | https://www.kxii.com/prnewswire/2022/06/08/dollarama-reports-fiscal-2023-first-quarter-results/ | 2022-06-08T12:05:02Z |
ISLAMABAD (AP) — Pakistani Prime Minister Shahbaz Sharif asked Friday for international help battling deadly flood damage in the impoverished Islamic nation.
His request on Twitter came amid exceptionally heavy rain that continued lashing Pakistan, raising the overall death toll from mid-June to 937.
Sharif said he met with foreign diplomats in the capital, Islamabad, on damages caused by the floods.
“The ongoing rain spell has caused devastation across the country,” he tweeted, thanking other countries and groups for their support. “Together we will build back better.”
The flooding from rains, melting glaciers and cloudbursts affected over 3 million people.
Floods have damaged 170,000 homes, washed away roads and destroyed nearly 150 bridges, according to the National Disaster Management Authority. Although floodwater receded in some areas, the situation worsened in Sindh province, where rescue workers were using boats to evacuate marooned people. Thousands of flood-affected people were living in makeshift homes and tents.
The crisis forced Sharif’s government to declare a state of emergency.
A United Nations statement on Thursday said it has allocated $ 3 million for U.N. aid agencies and its partners in Pakistan to respond to the floods. “This will be used for health, nutrition, food security, and water and sanitation services in flood-affected areas, focusing on the most vulnerable,” it said.
Monsoon rains in Pakistan typically begin in July. But this year, heavy downpours started lashing the country in June, triggering floods. Scientists say climate change is a major factor behind the unusually severe weather, which has made life miserable for millions of people.
According to Climate Change Minister Sherry Rehman, right now the real challenge was saving lives and arranging tents and food for homeless people.
“This is a humanitarian disaster of epic proportions, thousands are without shelter, many are without food and people are stranded,” Rehman said. “We need to ask not just the provinces and Islamabad, it is beyond the capacity of any one administration or government to rehabilitate and even manage the rescue and relief.” | https://cw33.com/news/international/ap-international/ap-pakistan-seeks-international-help-for-flood-victims/ | 2022-08-26T11:10:24Z |
SAN FRANCISCO (AP) — Now, Ja Morant and the Memphis Grizzlies are calling out the Golden State Warriors for causing unnecessary injury.
Morant re-injured his troublesome right knee late in the game when Jordan Poole grabbed it as they fought for a loose ball late in the Warriors’ 142-112 victory that embarrassed the Grizzlies on Saturday night and gave Golden State a 2-1 lead in the Western Conference semifinals.
Morant left Chase Center without speaking to reporters but posted and later deleted a video of the play on his Twitter feed with the words “broke the code,” a reference Warriors coach Steve Kerr had used five days earlier when Dillon Brooks’ hard foul in Game 2 sidelined Gary Payton II.
Poole and Andrew Wiggins swarmed Morant as he dribbled at the top of the 3-point arc when Morant struggled to keep possession — and Poole described it as “a basketball play.”
“When we doubled him, I hit the ball, l was going for the ball. Obviously, you don’t want to see anybody get hurt, I’m not even that type of player,” Poole said. “I respect everybody. Obviously hopefully he gets better and we can see him out there next game. ”
Brooks was suspended for his Flagrant 2 foul in the first quarter Tuesday night when he pounded the head of a driving Payton, who landed awkwardly and fractured his left elbow. He will be sidelined indefinitely, also with ligament and muscle damage.
Kerr said the play was “dirty” and broke an NBA “code” injuring someone and threatening his career, while Memphis coach Taylor Jenkins and his Grizzlies players defended their hard-nosed style as not dirty at all.
Draymond Green and Golden State kept cool from the opening tip — methodically running away with it. Instead, Memphis forward Kyle Anderson got ejected with 6:19 left for arguing an offensive foul.
Stephen Curry scored 30 points, Klay Thompson had 21 and nine rebounds and Golden State shut down Morant’s supporting cast.
A 3 by Morant just before the halftime buzzer got the Grizzlies to 64-57 at the break and gave him 17 of his 34 points after a 47-point performance in Game 2. But Morant couldn’t do it alone for Memphis, and he was done after rubbing his tender right knee and limping off with 6:19 to play before heading to the locker room.
“He’s getting evaluated now. Nothing further. We just watched the replay,” Memphis coach Taylor Jenkins said. “He was going after a dribble and Jordan Poole actually grabbed his knee and yanked it, which kind of triggered whatever happened, so I’m actually going to be very curious to see what happens after that.”
Kerr said he “didn’t even notice the play.”
Brooks will be back for Game 4 on Monday night at Chase Center, where the raucous sellout crowd included two women holding signs of Payton’s face insisting the Warriors “Win it for Gary.” It’s unclear if Morant will be fine to play.
“I’ve been through a tough knee injury, and I don’t think there’s any malicious intent from Jordan,” Thompson said. “I don’t even think he’s strong enough to affect somebody’s knee. But we’re not out there trying to hurt people or trying to club people in the back of the head on a fast break. We play the game the right way and I’m going to have his back.”
Golden State dominated with a balanced attack and energy on both ends after Green called for the offense to do more to better the defense. He dished out eight assists, five points and five rebounds.
“The shot selection was much improved,” Kerr said.
Poole scored 27 points off the bench and Andrew Wiggins added 17 points for Golden State, which used a 10-0 run out of halftime to take command for good.
“We’ve got another game on Monday,” Poole said when asked what he expects next given the latest back-and-forth between the rivals.
Rookie Jonathan Kuminga provided a spark starting in Payton’s place, while Ziare Williams was in for Brooks.
Curry missed his initial two shots then scored his first points of the game by making a big 3 with 0.9 left in the first as the Warriors trailed 28-26.
Morant hit a 31-foot 3-pointer midway through the first and Williams dunked shortly after for a 21-8 lead and Memphis made 6 of 9 shots to start the game. But the Grizzlies went cold and made only 3 of the next 12 and watched the Warriors close the quarter with an 18-7 burst.
“We were just too frenetic to start off the game,” Kerr said.
THOMPSON’S TOUCH
Curry’s Splash Brother, Thompson shot 8 for 13 with four 3-pointers in a solid shooting night.
He had been 11 for 38 from the floor, including 5 of 22 on 3-pointers, so far in the series before finding a better groove. Kerr figured it would happen soon enough.
“When we’re getting good shots, the chances of Klay getting hot are much greater, and when he gets hot, our team takes on a different look,” Kerr said. “We just become much tougher to guard.”
ADAMS’ ABSENCE
Grizzlies center Steven Adams was available to play for the first time this series series after coming out of the league health and safety protocols but the big man didn’t play until the game was out of hand.
TIP-INS
Grizzlies: G Desmond Bane’s troublesome back was sore during Game 2 but has improved. “His back is progressing. I don’t think he’s at full strength like he was in the regular season but he’s the ultimate competitor,” Jenkins said. Bane had 16 points in 29 minutes. … Memphis shot 6 of 11 from 3-point range in the opening quarter.
Warriors: The Warriors outrebounded the Grizzlies 21-14 in the first half and 53-37 overall. … Golden State is 4-0 playing at home during this postseason and 49-11 dating to the 2015 title run that ended with the franchise’s first championship in 40 years.
___
More AP NBA coverage: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/curry-thompson-lead-warriors-past-morant-grizzlies-142-112/ | 2022-05-08T19:01:39Z |
PAB includes innovative reproductive endocrinologists and infertility specialists who are part of Inception's clinical network; provides guidance, mentorship and leadership for current and incoming physicians to the network
HOUSTON, July 7, 2022 /PRNewswire/ -- Inception Fertility continues its mission of leading the fertility industry by launching the second year of its Physician Advisory Board (PAB), a committee of reproductive endocrinologists and infertility specialists (REIs) within Inception's clinical network who help guide, mentor, and lead new and current physicians.
As the largest provider of comprehensive fertility services and practices in North America with an ecosystem of brands that touch every part of the fertility journey, Inception's clinical network includes top-tier fertility practices and innovators in reproductive medicine across the United States and into Canada. Within the PAB, these experts work collaboratively with one another, Inception's executive team and the steering committees to discuss important initiatives and topics related not just to Inception but the entire industry, including diversity and inclusion, lab oversight, and research studies.
Inception designated 2022 as the "Year of the Patient Experience" which the PAB is fully embracing, as it will focus on the critical need for more and better patient education. To address the patient experience, the PAB is also focusing on the employee experience, understanding that a happy and supported workforce has a direct impact on patient satisfaction.
"We know that in order to provide a positive patient experience, we have to start by recognizing that fertility care is a demanding aspect of medicine," says Dr. Jason Griffith, Medical Director at Aspire Houston Fertility Institute and a member of the PAB. "Because there's an emotional toll for professionals, as they are truly invested in our patients, we discuss how a well-cared for staff will provide better patient care and share ways to boost employee morale and enhance the experience for all members of the Inception family."
Research studies are another important topic for the PAB and are becoming a bigger part of the work done by Inception's family of brands, as they can further improve patient care, technologies, and outcomes. By partnering its physicians across its broad clinical network – who bring different perspectives and experiences – with other innovators in reproductive science and technology, Inception continues to lead the industry to a more granular understanding of fertility care and gain greater insight into new ways to give aspiring parents hope.
"The PAB has brought together some of the brightest minds in reproductive medicine to discuss so many important components of this industry, including physician recruitment, safety standards and the employee experience, all in an effort to provide the most exceptional patient care that yields the most optimal pregnancy outcomes," says TJ Farnsworth, Founder and CEO of Inception Fertility. "We are so excited to kick off the second year of the PAB, and we look forward to seeing more positive results from the bridge they've built between Inception leadership and the patients we serve."
About Inception Fertility
Inception Fertility™ (Inception) is a family of fertility brands committed to helping patients build their own families. Built by patients for patients, Inception's purpose is to achieve the highest bar in experience, science and medicine in an effort to enhance each patient's experience and achieve better outcomes.
Inception's medical experts are leading pioneers in fertility care. Our doctors are some of the first to use breakthrough assisted reproductive technologies (ART) – including in vitro fertilization (IVF), pregenetic implantation testing (PGT) and fertility preservation services – and they continue to lead the industry by building on these technologies by through development, research and thought leadership.
Its growing family of national organizations is an ecosystem of care, which touches every part of the fertility journey, including diagnostics and treatment to financial accessibility. Through this unique ecosystem, Inception is working to deliver on its promise to push the envelope of what is possible to exceed patient expectations.
MEDIA CONTACT:
Mia Humphreys
Krupp
239-297-6592
MHumphreys@kruppagency.com
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SOURCE Inception Fertility | https://www.wibw.com/prnewswire/2022/07/07/inception-fertility-launches-second-year-physician-advisory-board/ | 2022-07-07T21:48:59Z |
Power outage forces Durant grocery store to throw out food
DURANT, Okla. (KXII) - Grocery store employees in Durant had to throw away shelves full of food after this weekend’s storms left the building without power.
Pruett’s Foods usually has thousands of dollars of food coming in each week, but after the power went out on Sunday, that’s now money down the drain.
“Something like this is devastating,” William Cloud with Pruett’s Corporate said. “Not to the point of putting you out of business, but to the point of it taking a little bit to restock. But people have been working really really hard to get it all back on the shelf.”
The power was out for around 15 hours. Cloud said they haven’t calculated a total loss yet, but they filled up their dumpster- the size of a semi-truck- twice with spoiled food.
“For safety’s sake, everything was just thrown away,” Cloud said. “All the frozen dairy milk eggs, all of the meat, lunch meat, a lot of produce. Anything that would spoil after being under refrigeration and then out of refrigeration.”
Cloud said customers have been flexible with their shopping.
“We can’t thank our customers enough,” Cloud said. “For their understanding, realizing hey we’ve got it coming in tomorrow. And most of them are like ‘great, great, we’ll be back.’”
Tyler Harrison said Pruett’s is where his mom likes to shop.
His family lost power several times.
“It was alright cause our power was back on the next day,” Harrison said. “So we went shopping, and we lost food again, and we came back here today and we got some pizza rolls.”
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/05/17/power-outage-forces-durant-grocery-store-throw-out-food/ | 2022-05-17T23:57:39Z |
TAIPEI, Aug. 8, 2022 /PRNewswire/ -- NEXCOM, a leading supplier of network appliances, continues to collaborate with Arm and NXP on developing network appliances paired up with standard operating systems for wireless broadband applications. DTA 1376 is a desktop uCPE appliance with an NXP® Semiconductor's Layerscape® LS1046A SoC processor containing quad 64-bit Arm® Cortex®-A72 cores inside, and has recently obtained the Arm SystemReady™ ES (Embedded Server) certification. DTA 1376 is a ready-to-deploy solution and its highlights include cost-effectiveness, power efficiency, flexibility, and software-friendliness. Other notable value-added features are Wi-Fi and 5G connectivity, which are essential in the IoT world.
DTA 1376 is powered by an NXP® Layerscape® processor offering DPAA (data path acceleration architecture) to provide a set of networking accelerations and integrates all aspects of packet processing in the SoC. This Arm-based uCPE features seven 1GbE copper ports for Ethernet connectivity, together with optional support for wireless connectivity, the total number of connected devices can be significantly increased. DTA 1376 demands comparatively low energy consumption and helps CommSPs to reduce power usage and therefore achieve a 'greener' deployment. Furthermore, in a PoE PD (powered device) mode, it requires just 30W to be powered on.
"DTA 1376 is our second Arm SystemReady certified appliance," said Jovanni Lee, VP of Network & Communication Solutions at NEXCOM. "DTA 1376 and NSA 6310 are both Arm-based, cost-effective solutions serving different purposes, yet put together into one network infrastructure they boost their efforts and help customers to lower their carbon footprint and save efforts on software tuning."
About NEXCOM
Founded in 1992 and headquartered in Taipei, Taiwan, NEXCOM integrates its diverse capabilities and operates six global businesses, including the Network and Communication Solutions (NCS) unit. NCS focuses on the latest network technology and helps to build reliable network infrastructure, by delivering professional design and manufacturing services for customers all over the world. NCS's network application platform is widely adopted in Cyber Security Appliance, Load Balancer, uCPE, SD-WAN, Edge Computing, Storage, NVR, and other network applications for businesses of all sizes.
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SOURCE NEXCOM | https://www.wibw.com/prnewswire/2022/08/09/nexcom-expands-its-arm-systemready-certified-product-selection/ | 2022-08-09T03:37:36Z |
Earnings Call Scheduled for 8:00 A.M. U.S. ET on August 25, 2022
GUIYANG, China, Aug. 10, 2022 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced that it will release its second quarter 2022 unaudited financial results on Thursday, August 25, 2022, before the open of the U.S. markets.
The Company's management will hold an earnings conference call at 8:00 A.M. U.S. Eastern Time on August 25, 2022 or 8:00 P.M. Beijing Time to discuss the financial results. Listeners may access the call by dialing the following numbers:
A replay of the conference call will be accessible by phone one hour after the conclusion of the live call at the following numbers, until September 1, 2022:
A live and archived webcast of the conference call will also be available on the Company's investor relations website at ir.fulltruckalliance.com.
About Full Truck Alliance Co. Ltd.
Full Truck Alliance Co. Ltd. (NYSE: YMM) is a leading digital freight platform, connecting shippers with truckers to facilitate shipments across distance ranges, cargo weights and types. The Company provides a range of freight matching services, including freight listing service, freight brokerage service and online transaction service. The Company also provides a range of value-added services that cater to the various needs of shippers and truckers, such as financial institutions, highway authorities, and gas stations operators. With a mission to make logistics smarter, the Company is shaping the future of logistics with technology and aspires to revolutionize logistics, improve efficiency across the value chain and reduce its carbon footprint for our planet. For more information, please visit ir.fulltruckalliance.com.
For investor and media inquiries, please contact:
In China:
Full Truck Alliance Co. Ltd.
Mao Mao
E-mail: IR@amh-group.com
The Piacente Group, Inc.
Emilie Wu
Tel: +86-21-6039-8363
E-mail: FTA@thepiacentegroup.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: FTA@thepiacentegroup.com
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SOURCE Full Truck Alliance Co. Ltd. | https://www.wibw.com/prnewswire/2022/08/10/full-truck-alliance-co-ltd-announce-second-quarter-2022-financial-results-thursday-august-25-2022/ | 2022-08-10T08:40:58Z |
MIAMI (AP) — A judge gave final approval Thursday to a settlement topping $1 billion for victims of the collapse of a Florida beachfront condominium building that killed 98 people, one of the deadliest building failures in U.S. history.
The decision by Miami-Dade Circuit Judge Michael Hanzman came a day before the one-year anniversary of the Champlain Towers South disaster in the Miami suburb of Surfside. The judge praised the dozens of lawyers involved for averting what could have been years of litigation with no sure outcome for victims.
“It will never be enough to compensate them for the tragic loss they have suffered,” the judge said. ”This settlement is the best we can do. It’s a remarkable result. It is extraordinary.”
The deal sets up a $1.02 billion fund for people who lost family members in the collapse of the 12-story building, as well as those who suffered physical or mental injuries. Attorneys said another $200 million is available from the Champlain Towers condo association itself, including insurance.
About $100 million is earmarked for legal fees — that number will be finalized in September — and $96 million set aside for owners who lost one of the 136 units in the building based on the assessed value of each one. They range from more expensive four-bedroom units with ocean views to those of lesser value with just one bedroom.
The process of determining the value of claims for the 98 deaths and any injuries will conclude by Aug. 26, Hanzman said. Each person who filed a claim by a July 18 deadline has a right to a private hearing before a judge, but that is not required.
The issue will be figuring out how much a life or injury is worth. Compensation claims for loss of life typically involve several factors and could include, for example, the lifetime earning potential of the deceased.
“My goal is really to make it as painless as possible,” Hanzman said.
No victims filed objections to the settlement or decided to opt out, said court-appointed receiver Michael Goldberg. Several people who lost family members or property said in court Thursday that they are grateful for such a swift conclusion to a horrific experience.
Raysa Rodriguez, who survived the collapse in a ninth-floor unit that was initially left intact, had nothing but praise for the outcome.
“You have no idea what a relief this is to me personally,” Rodriguez said. “I am so exhausted. I just want this to be done. I want these souls to rest.”
The ruling came during what’s called a fairness hearing, in which anyone with objections to the deal could raise them as the judge determined whether the settlement is “fair, reasonable and adequate,” according to court documents.
The money comes from 37 different sources, including insurance companies, engineering firms and a luxury condominium whose recent construction next door is suspected of contributing to structural damage of Champlain Towers South. None of the parties admit any wrongdoing.
A billionaire developer from Dubai is set to purchase the 1.8-acre (1-hectare) beachside site for $120 million, contributing to the settlement. That transaction is expected to close by the end of July.
People could begin receiving checks for their losses in September, the judge said.
Champlain Towers South had a long history of maintenance problems and questions have been raised about the quality of its original construction and inspections in the early 1980s. Other possible factors include sea level rise caused by climate change and damage caused by salt water intrusion.
A final conclusion on the cause is likely years away. The National Institute of Standards and Technology, which is leading the federal probe in to the collapse, recently said invasive testing will begin soon on samples of material from the collapse site.
The tests will help investigators find potential flaws in structural elements of the building by looking into things such as density of the materials, how porous they were and if there was corrosion, NIST said.
Florida will require statewide recertification of condominiums more than three stories tall under new legislation Republican Gov. Ron DeSantis signed into law last month in response to the disaster.
The death toll in the Champlain Towers collapse ranks among the highest in U.S. history among similar disasters. The 1981 Hyatt Regency walkway collapse killed 114 people and a Massachusetts mill disaster in 1860 killed between 88 and 145 workers.
___
Anderson contributed to this story from St. Petersburg, Fla. | https://cw33.com/news/u-s-news/ap-us-headlines/judge-approves-1b-deal-in-deadly-florida-condo-collapse/ | 2022-06-24T15:07:21Z |
Inflation eases as consumer prices rise 6.3% in July
WASHINGTON (AP) — Inflation eased last month as energy prices tumbled, raising hopes that the surging costs of everything from gasoline to food may have peaked.
According to a Commerce Department report Friday that is closely watched by the Federal Reserve, consumer prices rose 6.3% in July from a year earlier after posting an annual increase of 6.8% in June, the biggest jump since 1982. Energy prices made the difference in July: They dropped last month after surging in June.
So-called core inflation, which excludes volatile food and energy prices, rose 4.6% last month from a year earlier after rising 4.8% in June. The drop — along with a reduction in the Labor Department’s consumer price index last month — suggests that inflationary pressures may be easing.
On a monthly basis, consumer prices actually fell 0.1% from June to July; core inflation blipped up 0.1%, the Commerce Department reported.
Inflation started rising sharply in the spring of 2021 as the economy rebounded with surprising speed from the short but devastating coronavirus recession a year earlier. Surging customer orders overwhelmed factories, ports and freight yards, leading to delays, shortages and higher prices. Inflation is a worldwide problem, especially since the Russian invasion of Ukraine drove up global food and energy prices.
On Friday, regulators in the U.K. said that residents will see an 80% increase in their annual household energy bills.
In the United States, the Commerce Department’s personal consumption expenditures (PCE) index is less well known than the Labor Department’s consumer price index (CPI).
But the Fed prefers the PCE index as a gauge of inflationary pressures, partly because the Commerce index attempts to measure how consumers adjust to rising prices by, for example, substituting cheaper store brands for pricier name brands.
There is evidence just in the last several months that that is taking place at numerous levels.
CPI has been showing higher inflation than PCE; Last month, for instance, CPI was running at an 8.5% annual pace after hitting a four-decade high 9.1% in June. One reason: The Labor Department’s index gives more weight to rents, which have soared this year.
The Commerce Department also reported Friday that Americans’ after-tax personal income rose 0.3% from June to July after adjusting for inflation; it has fallen in June. Consumer spending rose 0.2% last month after accounting for higher prices.
Spiking prices have become a political threat to the current administration and President Joe Biden was quick to point to the latest data that could show inflation is loosening its grip.
“The American people are starting to get some relief from high prices, and the Inflation Reduction Act that I signed last month will also help bring prices down,” Biden said Friday. “Gas prices decreased every day this summer – the fastest decline in over a decade. And, today’s report showed that personal income was up last month as well.”
The Fed was slow to respond to rising inflation, thinking it the temporary result of supply chain bottlenecks. But as prices continued to climb, the U.S. central bank moved aggressively, hiking its benchmark interest rate four times since March.
Fed Chair Jerome Powell was scheduled to give a speech Friday at an economic conference in Jackson Hole, Wyoming, where he was expected to shed light on the Fed’s plans for future interest rate hikes.
“Admittedly, with headline PCE inflation still at 6.3% and core PCE inflation at 4.6%, we don’t expect the Fed suddenly to announce a pivot at Jackson Hole,’’ Paul Ashworth, chief North America economist at Capital Economics, said in a research note. “But even better news on inflation over the coming months is likely to convince the Fed to change course next year, despite any hawkish rhetoric coming from officials now.’’
Price pressures may be easing as the U.S. economy slows. Gross domestic product — broadest measure of economic output — shrank in the first half of 2020 as borrowing costs increased. The housing market has been hit especially hard. And supply chain backlogs have started to unsnarl.
Nick Zawitz, who runs Tangle Creations, a South San Francisco company that makes Fidget Toys among others, said that shipping costs have plunged and raw materials prices have dropped slightly. Meanwhile, the company’s sales are up 45% over the past year. “Things are chugging along,’’ Zawitz said.
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AP White House Correspondent Zeke Miller contributed to this report from Washington, D.C.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/26/inflation-eases-consumer-prices-rise-63-july/ | 2022-08-26T14:47:31Z |
SHIFT Automatically Translates and Migrates Legacy ETLs to Snowpark, AWS Glue Studio and Azure Data Factory Cloud Targets
TORONTO, June 9, 2022 /PRNewswire/ - Next Pathway Inc., the Automated Cloud Migration company, has extended the capabilities of its automated code translation product, SHIFT™ Translator, to solve the most challenging aspect of a cloud migration – translating complex ETLs (extract, transform, load) to run in cloud native environments.
A part of the SHIFT™ Migration Suite, SHIFT™ Translator automates the translation of complex workloads to the cloud, including SQL, Stored Procedures, ETL and various other code types from multiple legacy source and target platforms. Its syntax and semantic-based translation capability allows for high-automation levels for all code types, including ETL, DDL/DML, Views/Materialized Views, Stored Procedures, Dynamic SQL, Embedded SQL, Scripting Frameworks, Proprietary Functions and more.
Companies have invested heavily in complex ETL workflows. With this latest release of SHIFT Translator, these institutional assets can be preserved and modernized when moving legacy data warehouses and data lakes to the chosen cloud target, including Snowpark, AWS Glue Studio and Azure Data Factory. In parallel, companies can break free from the expensive, inflexible ETL licensing models that don't adjust costs based on usage and have limited compute horsepower.
ETLs are pipelines that combine data from multiple disparate systems into a single database. They are essential to drive analytics and AI modeling and make the data informative and actionable.
Since these ETLs don't run natively in the cloud, they present unique challenges when moving legacy data warehouses and data lakes to the cloud.
This is where Next Pathway and SHIFT Translator work their magic. Next Pathway's groundbreaking technology enables the code, including complex ETLs, to be automatically converted to run in native cloud environments. The enhanced capabilities of the SHIFT Translator engine preserve all the years of code in these legacy ETLs and move this logic to the cloud.
Next Pathway can load ETLs into Snowpark, Snowflake's developer tool for information management tasks; Azure Data Factory (ADF), Microsoft's data integration service; and Amazon Glue, AWS' data integration service.
Legacy ETLs such as Informatica Power Center, IBM DataStage, Microsoft SSIS and Talend Data Fabric can now seamlessly migrate to a cloud-native target and be maintained and extended.
SHIFT Translator enables a fundamental change from the ETL model – representative of legacy, on-premise systems – to an ELT (extract, load, transform) model – to take full advantage of the cloud's limitless compute and transformational power.
Cloud-based systems allow for efficient and cost-effective extraction and loading of all data — structured, unstructured, or semi-structured — into block storage in the cloud target. Organizations can then manipulate that data, provisioning and running transformations and analytics without restrictions. They can manage their data flow and pipelines with the data integration capabilities of their chosen cloud target platform.
There's no longer a need to rewrite or repoint ETLs. Instead, companies can move away from expensive legacy ETL contracts and freely move to the cloud.
Unlike its competitors, which offer manual services to rewrite or repoint existing ETLs to the cloud target, Next Pathway unravels the basis of each ETL, regardless of vendor, and automatically translates the ETL logic to run in cloud-native environments.
Organizations understand the challenges inherent in translating complex ETLs to the cloud. In Next Pathway's Q1 2022 survey, leaders said their two biggest concerns are migrating current ETL jobs to new cloud-native ELT tools and the need for automation to migrate ETL jobs to the cloud.
Next Pathway's latest release of SHIFT Translator addresses both of these concerns.
"Nearly every organization is moving its workloads to the cloud," said Chetan Mathur, CEO of Next Pathway. "In our experience, the biggest challenge is moving the complex ETL pipelines that are essential to running extensive data analytics on the cloud. We continue to innovate on our migration suite. Our recent advancement of SHIFT's capabilities – migrating ETLs to leading cloud targets – demonstrates the strength of our engineering team and our commitment to automating the biggest challenges customers face when migrating workloads to the cloud."
Next Pathway is the Automated Cloud Migration company. Powered by Crawler360™, the Migration Planner and the SHIFT™ Migration Suite, Next Pathway automates the end-to-end challenges companies experience when migrating applications to the cloud. For more information, please visit nextpathway.com.
Connect with Next Pathway
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SOURCE Next Pathway | https://www.mysuncoast.com/prnewswire/2022/06/09/next-pathway-extends-capabilities-shift-automating-code-translation-facilitate-complex-legacy-etls-run-cloud-native-environments/ | 2022-06-09T14:18:05Z |
FreeState, Evergy break ground on new solar arrays in Topeka
TOPEKA, Kan. (WIBW) - Evergy and FreeState Electric Cooperative celebrated the start of construction on three solar projects Wednesday afternoon.
The groundbreaking was held at the site of the largest of the three solar projects, FreeState Crooked Post solar site located near S.W. 41st and Auburn Road. That site, along with two others, will serve FreeState members by providing a combined 3.4 megawatts of renewable energy. Construction is already well under way at the site near Silver Lake while the third site in Osage County is still being identified. The Shawnee County Commission approved a permit for the new solar farm at 4306 Southwest Auburn Road on July 7th.
FreeState selected Evergy to build and operate three solar arrays through a power purchase agreement.
“All our members can benefit from FreeState’s solar production, not just the members who choose to invest in their own solar. By being a member of FreeState, you are powered by a percentage of solar that is not only clean but also economical. As a distribution cooperative, FreeState purchases all the power used by our members, and now we can add solar into our energy purchases, and that means everyone benefits,” said Chris Parr, CEO of FreeState Electric Cooperative.
The solar arrays help the cooperative manage peak demand that is set on the hottest summer days, when solar production is high.
“We are excited about the opportunity to partner with our neighbors and bring cost-effective renewable energy through solar to FreeState. Our team is honored to help expand FreeState’s energy sources that will continue to serve their members,” said John Bridson, Evergy Vice President of Generation.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/24/freestate-evergy-break-ground-new-solar-arrays-topeka/ | 2022-08-24T21:44:40Z |
ASUR Announces Total Passenger Traffic for May 2022
Published: Jun. 6, 2022 at 3:30 PM CDT|Updated: 1 hour ago
Compared to May 2019, passenger traffic increased by 41.1% in Colombia, 21.6% in Puerto Rico and 13.3% in Mexico
MEXICO CITY, June 6, 2022 /PRNewswire/ -- Grupo Aeroportuario del Sureste, S.A.B. de C.V. (NYSE: ASR; BMV: ASUR), ASUR, a leading international airport group with operations in Mexico, the U.S. and Colombia, today announced that passenger traffic for May 2022 reached a total of 5.5 million passengers, 20.4% above the levels reported in May 2019, reflecting a continued gradual recovery in travel demand.
Compared to May 2019, passenger traffic increased by 41.1% in Colombia, 21.6% in Puerto Rico and 13.3% in Mexico. Passenger traffic growth in Mexico and Colombia was driven by a recovery in both domestic and international traffic, while international traffic in Puerto Rico remained weak.
This announcement reflects comparisons between the periods May 1 through May 31, 2022, May 1 through May 31, 2021 and May 1 through May 31, 2019. Transit and general aviation passengers are excluded from traffic measures in Mexico and Colombia.
About ASUR
Grupo Aeroportuario del Sureste, S.A.B. de C.V. (ASUR) is a leading international airport operator with a portfolio of concessions to operate, maintain and develop 16 airports in the Americas. This comprises nine airports in southeast Mexico, including Cancun Airport, the most important tourist destination in Mexico, the Caribbean and Latin America, and six airports in northern Colombia, including Medellin international airport (Rio Negro), the second busiest in Colombia. ASUR is also a 60% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Muñoz Marín International Airport serving the capital of Puerto Rico, San Juan. San Juan's Airport is the island's primary gateway for international and mainland-US destinations and was the first, and currently the only major airport in the US to have successfully completed a public–private partnership under the FAA Pilot Program. Headquartered in Mexico, ASUR is listed both on the Mexican Bolsa, where it trades under the symbol ASUR, and on the NYSE in the U.S., where it trades under the symbol ASR. One ADS represents ten (10) series B shares. For more information, visit www.asur.com.mx.
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The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/06/06/asur-announces-total-passenger-traffic-may-2022/ | 2022-06-06T21:59:11Z |
Engineering services firm BLT is now the exclusive Authorized Training Provider for the majority of the East Coast
COLUMBIA, Md., Aug. 4, 2022 /PRNewswire/ -- BLT (formerly Bottom Line Technologies), a U.S.-owned and operated engineering design services firm and AMD-Xilinx Authorized Training Provider (ATP), announced yesterday that it has been named the exclusive in-person ATP for the AMD-Xilinx Southeast region. This expands BLT's territory from the Mid-Atlantic to nearly the entire Eastern seaboard.
In additional to offering training online globally, BLT is the exclusive ATP for in-person training in the Mid-Atlantic (NY, PA, NJ, DE, MD, DC, VA, WV, KY) and now the Southeast (AL, FL, GA, MS, NC, SC, TN).
BLT earned the Southeast region with their recognized achievements in their existing markets. BLT Senior Strategic Accounts Manager Lisa Weaver says, "BLT is excited to engage and team with people and organizations in our expanded territory, becoming an asset to their product development teams and mission success." BLT Founder and President Ed McCauley added "Our instructors are design engineers and understand the needs of our students. More often than not, organizations we serve build BLT training into their schedules and budgets because of our proven track record of reducing overall costs and time to market."
The acquisition extends BLT's 30-year record of success with AMD-Xilinx. In 2022 AMD-Xilinx named BLT as the top mid-sized ATP globally, recognizing BLT's continuing excellence as a best-in-class ATP. BLT's training is provided by full-time engineers, for engineers. Bringing real-world experience to the classroom, BLT training often substantially shortens development schedules and can even lower component costs.
BLT's AMD-Xilinx training has become much more affordable. Last year, in an effort to train a new generation of design engineers and expand the market for FPGA, SoC & ACAP design services, BLT sharply reduced its pricing and launched several initiatives that have made it easier than ever to learn and master AMD-Xilinx devices, tools and implementation techniques.
About BLT: Founded in 1989 by one of Xilinx's original FAEs, BLT has set the standard for Xilinx training for over 25 years. BLT also provides custom electronic solutions for commercial and Military/IC/Aerospace applications, including FPGA, SoC & ACAP, embedded software, circuit boards and complete systems. BLT is an AMD-Xilinx Authorized Training Provider, Certified Alliance Member and AMD-Xilinx Design Services provider. Learn more at https://bltinc.com
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SOURCE BLT Inc | https://www.mysuncoast.com/prnewswire/2022/08/04/blt-acquires-amd-xilinx-southeast-training-region/ | 2022-08-04T13:31:06Z |
Unites highly complementary businesses, adding nine brands, 624 hotels and over 68,000 rooms
Marks the latest step in Choice's strategy of growing its asset-light portfolio of hotel brands in higher revenue travel segments and locations
Extends Choice's customer reach with some of the industry's most recognized brands
Radisson Hotel Group to continue growing and managing Radisson business in EMEA and APAC, with aim of doubling portfolio by 2025
ROCKVILLE, Md. and BRUSSELS, June 13, 2022 /PRNewswire/ -- Choice Hotels International, Inc. (NYSE: CHH) and Radisson Hotel Group today announced that Choice Hotels has entered into a definitive agreement to acquire the franchise business, operations and intellectual property of Radisson Hotel Group Americas for approximately $675 million. The addition of Radisson's nine hotel brands in the Americas is the latest chapter in Choice's successful strategy to expand its growth opportunities by bringing the company's best-in-class franchising platform to adjacent hotel segments and to a new set of hotel owners. The added 624 hotels with over 68,000 rooms expand Choice Hotels' presence in the upscale and core upper-midscale hospitality segments, particularly in the West Coast and Midwest of the United States.
The acquisition of some of the industry's most recognized brands extends Choice Hotels' customer reach in the upscale segments, as well as to more business travelers and a broader demographic within Choice's core leisure segment. The combination strengthens Choice's ability to provide a more holistic product offering across segments and continue to capitalize on consumer trends expected to fuel future demand for travel such as remote work, increasing retirements and road trips.
The transaction brings Choice's industry-leading RevPAR (revenue per available room) growth performance to a new set of franchisees and hotel investors and provides new growth opportunities to expand Choice Hotels' presence to additional locations in Canada, Latin America and the Caribbean. Consistent with Choice Hotels' long-term strategy of growing in higher revenue segments, the Radisson brands typically have larger room counts and are located in higher RevPAR markets, driving higher royalty revenue per hotel.
Patrick Pacious, President and Chief Executive Officer of Choice Hotels, said, "Choice has a well-established history of smart acquisitions in new segments where our world-class franchising engine can spur future growth. This transaction brings together two highly complementary businesses, enhancing our guest offerings in the core upper-midscale hospitality segments, while extending our reach into the upper upscale and upscale full-service segments and in higher revenue geographic markets. We are confident that guests and franchisees will significantly benefit by combining these two exceptional sets of brands."
The transaction unlocks significant potential value for the Radisson brands in the Americas. Choice Hotels has a deep familiarity with the Americas franchisee community and will bring a strong commitment to driving the success of Radisson franchisees, many of whom already have franchise agreements with Choice Hotels.
Pacious continued, "Our long track record of establishing mutually beneficial relationships with our franchisees has resulted in a best-in-class voluntary retention rate, and those franchisees are the source of a majority of our new hotel development. Our existing and new hotel owners will benefit from the improved business delivery capabilities of the combined companies, including our award-winning loyalty program, proprietary tools and emerging technologies that will enable them to capture more business, lower their hotel operating costs, reach new customers and respond to evolving industry trends."
Federico J. González, CEO of Radisson Hotel Group, said, "Since the introduction of our strategic transformation plan in 2017, Radisson Hotel Group has been committed to the global success of the Radisson brands and expanding the overall footprint of our global operations. We have achieved strong results, doubling the number of rooms signed per year in EMEA and APAC, confirming Radisson Blu as the largest upper-upscale brand for over 10 years and establishing Radisson as the upscale brand with the largest growth in EMEA. We are confident that Choice Hotels is the owner with the right long-term strategy, resources and management team to successfully accelerate the growth of the Radisson business in the Americas. Radisson Hotel Group will continue to leverage the strength of operational excellence to set our business in EMEA and APAC on a significant growth path with the aim of doubling the portfolio in those markets by 2025. Together with Choice, we will work to ensure that customers continue to experience the highest levels of service and a superior brand experience."
Tom Buoy, interim CEO of Radisson Hotel Group Americas, said, "Our associates have been working hard to solidify the power of our brands, build a better commercial engine and offer best-in-class solutions to franchisees and customers. We are very pleased that the Radisson family of brands in the Americas will join Choice Hotels. We believe that this acquisition will drive growth in a highly competitive market and enable stronger performance for our franchisees."
Transaction Details
Choice Hotels will acquire the franchise business, operations and intellectual property of Radisson Hotels in the United States, Canada, Latin America and the Caribbean, for approximately $675 million, inclusive of the real estate value of three owned assets. The acquisition will be funded with cash on hand and revolver borrowings. Radisson Hotel Group Americas comprises the franchise agreements, operations and intellectual property of Radisson Hotels in the United States, Canada, Latin America and the Caribbean, and includes 10 Radisson Blu hotels, 130 Radisson hotels, 9 Radisson Individuals, 1 Park Plaza hotel, 4 Radisson RED hotels, 453 Country Inn & Suites by Radisson and 17 Park Inn by Radisson hotels, as well as the Radisson Inn & Suites and Radisson Collection brands. Choice Hotels will independently own and control the brands in the Americas and will work with the Radisson Hotel Group to drive the growth, continuity and success of the brands. The transaction is not anticipated to change Choice Hotels' current capital allocation strategy related to dividend payment policy and planned share repurchases.
The transaction has been unanimously approved by Choice Hotels' Board of Directors and is expected to close in the second half of 2022, pending regulatory approvals and customary closing requirements.
Credit Suisse Securities (USA) LLC is serving as financial advisor to Choice Hotels on the transaction, and Willkie Farr & Gallagher is serving as legal advisor. Baker McKenzie is serving as legal advisor to Radisson Hotel Group.
About Choice Hotels®
Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world. With nearly 7,000 hotels, representing nearly 600,000 rooms, in 35 countries and territories as of March 31, 2022, the Choice® family of hotel brands provides business and leisure travelers with a range of high-quality lodging options from limited service to full-service hotels in the upscale, midscale, extended-stay and economy segments. The award-winning Choice Privileges® loyalty program offers members benefits ranging from everyday rewards to exceptional experiences. For more information, visit www.choicehotels.com.
About Radisson Hotel Group Americas
Radisson Hotel Group Americas represents Radisson Hotels operations and brands in the United States, Canada, Latin America and the Caribbean. The Radisson Hotel Group Americas portfolio of brands includes Radisson Collection, Radisson Blu, Radisson, Radisson RED, Radisson Individuals, Radisson Inn & Suites, Park Plaza, Park Inn by Radisson and Country Inn & Suites by Radisson, brought together under the overarching Radisson Hotels Americas name.
For more information visit www.radissonhotelsamericas.com
About Radisson Hotel Group
Radisson Hotel Group is one of the world's largest and most dynamic hotel groups with nine distinctive brands, more than 1,700 hotels in operation and under development, more than 260,000 rooms and a footprint spanning over 120 countries and territories. 100,000+ global team members work for the Radisson Hotel Group and at the hotels licensed to operate in its systems. The Group's overarching brand promise is Every Moment Matters with a signature Yes I Can! service ethos.
For more information, visit www.radissonhotelgroup.com
Forward-Looking Statements
Certain matters discussed in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Certain, but not necessarily all, of such forward-looking statements can be identified by the use of forward-looking terminology, such as "expect," "estimate," "believe," "anticipate," "should," "will," "forecast," "plan," "project," "assume," or similar words of futurity. All statements other than historical facts are forward-looking statements. These forward-looking statements are based on management's current beliefs, assumptions and expectations regarding future events, which, in turn, are based on information currently available to management. Such statements include, but are not limited to, statements related to the parties' plans for closing the transaction and statements concerning the benefits of the transaction to the company, the acquired business and franchisees, as well as statements related to the company's plans, objectives, goals, expectations, beliefs, business strategies, future events, business conditions, business trends and expectations with respect to, among other things, the time schedule to complete the transaction and certain post-closing matters, the financial impact of the transaction on the company's operations and finances, the integration into and adoption by acquired properties of some or all of the company's existing systems including the Choice Privileges loyalty program, the company's geographic and hotel segment expansion, guest and franchisee/hotel owner advantages arising from the acquisition and involve known and unknown risks that are difficult to predict. Such statements may also relate to projections of the company's revenue, expenses, adjusted EBITDA, earnings, debt levels, ability to repay outstanding indebtedness, payment of dividends, repurchases of common stock and other financial and operational measures, including occupancy and open hotels, RevPAR, the company's ability to benefit from any rebound in travel demand, the company's liquidity, the impact of COVID-19 and economic conditions on our future operations, among other matters. We caution you not to place undue reliance on any such forward-looking statements. Forward-looking statements do not guarantee future performance and involve known and unknown risks, uncertainties and other factors.
Several factors could cause actual results, performance or achievements of the company to differ materially from those expressed in or contemplated by the forward-looking statements. Such risks include, but are not limited to, continuation or resurgence of the COVID-19 pandemic, including with respect to new strains or variants; the rate, pace and effectiveness of vaccination in the broader population; changes in consumer demand and confidence, including the impact of the COVID-19 pandemic on unemployment rates, consumer discretionary spending and the demand for travel, transient and group business; the impact of COVID-19 on the global hospitality industry, particularly but not exclusively in the U.S. travel market; the success of our mitigation efforts in response to the COVID-19 pandemic; the performance of our brands and categories in any recovery from the COVID-19 pandemic disruption; the timing and amount of future dividends and share repurchases; changes to general, domestic and foreign economic conditions, including access to liquidity and capital as a result of COVID-19; future domestic or global outbreaks of epidemics, pandemics or contagious diseases or fear of such outbreaks; changes in law and regulation applicable to the travel, lodging or franchising industries; foreign currency fluctuations; impairments or declines in the value of the company's assets; operating risks common in the travel, lodging or franchising industries; changes to the desirability of our brands as viewed by hotel operators and customers; changes to the terms or termination of our contracts with franchisees and our relationships with our franchisees; our ability to keep pace with improvements in technology utilized for marketing and reservations systems and other operating systems; the commercial acceptance of our Software-as-a-Service ("SaaS") technology solutions division's products and services; our ability to grow our franchise system; exposure to risks related to our hotel development, financing and ownership activities; exposures to risks associated with our investments in new businesses; fluctuations in the supply and demand for hotel rooms; our ability to realize anticipated benefits from acquired businesses; impairments or losses relating to acquired businesses; the level of acceptance of alternative growth strategies we may implement; cyber security and data breach risks; ownership and financing activities; hotel closures or financial difficulties of our franchisees; operating risks associated with our international operations, especially in areas currently most affected by COVID-19; the outcome of litigation; and our ability to effectively manage our indebtedness and secure our indebtedness. These and other risk factors are discussed in detail in the company's filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
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SOURCE Choice Hotels International, Inc. | https://www.kxii.com/prnewswire/2022/06/13/choice-hotels-international-acquire-radisson-hotel-group-americas/ | 2022-06-13T10:53:09Z |
LOS ANGELES, June 16, 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 Natera, Inc. ("Natera" or the "Company") (NASDAQ: NTRA).
Class Period: February 26, 2020 – April 19, 2022
Lead Plaintiff Deadline: June 27, 2022
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 that: (1) Panorama was not reliable and resulted in high rates of false positives; (2) Prospera did not have superior precision compared to competing tests; (3) as a result of Defendants' false and misleading claims about Natera's technology, the Company was exposed to substantial legal and regulatory risks; (4) Natera relied upon deceptive sales and billing practices to drive its revenue growth; and (5) 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.mysuncoast.com/prnewswire/2022/06/16/ntra-investors-have-opportunity-lead-natera-inc-securities-fraud-lawsuit/ | 2022-06-16T15:49:42Z |
CITIZENS FINANCIAL SERVICES, INC. REPORTS UNAUDITED SECOND QUARTER 2022 FINANCIAL RESULTS
Published: Jul. 21, 2022 at 5:48 PM CDT|Updated: 44 minutes ago
MANSFIELD, Pa., July 21, 2022 /PRNewswire/ -- Citizens Financial Services, Inc. (Nasdaq: CZFS), parent company of First Citizens Community Bank, released today its unaudited consolidated financial results for the three and six months ended June 30, 2022.
Highlights
- During the second quarter, the Company uplisted to the Nasdaq capital market.
- Net loan growth for the quarter was $116.7 million and for the year was $153.6 million or 21.6% on an annualized basis.
- Net income was $13.6 million for the six months ended June 30, 2022, which is 9.7% less than the net income for 2021's comparable period. The decrease was due to life insurance proceeds received in the first quarter of 2021 due to the passing of two former employees and decreased gains on loans sold due to the rise in mortgage rates in 2022. The effective tax rate for the six months ended June 30, 2022 was 17.8% compared to 16.9% in the comparable period in 2021, with the increase being due to life insurance proceeds being exempt from taxable income.
- Net income was $6.9 million for the three months ended June 30, 2022, which is 3.8% higher than the net income for 2021's comparable period. The effective tax rate for the three months ended June 30, 2022 was 17.7% compared to 17.9% in the comparable period in 2021.
- Net interest income before the provision for loan losses was $34.0 million for the six months ended June 30, 2022, an increase of $1.3 million, or 4.1%, over the same period a year ago. Amortization associated with PPP loans was $902,000 less in 2022 than 2021.
- Non-performing assets decreased $2,580,000 since June 30, 2021 and totaled $8,362,000 as of June 30, 2022, which is $480,000 less than the balance at December 31, 2021. As a percent of loans, non-performing assets totaled 0.52%, 0.61% and 0.77% as of June 30, 2022, December 31, 2021 and June 30, 2021.
- Return on average equity for the three and six months (annualized) ended June 30, 2022 was 12.49% and 12.48% compared to 13.19% and 15.19% for the three and six months (annualized) ended June 30, 2021.
- Return on average tangible equity for the three and six months (annualized) ended June 30, 2022 was 14.68% and 14.69% compared to 15.77% and 18.22% for the three and six months (annualized) ended June 30, 2021 (non-GAAP). (1)
- Return on average assets for the three and six months (annualized) ended June 30, 2022 was 1.25% for both periods compared to 1.32% and 1.54% for the three and six months (annualized) ended June 30, 2021.
- If the life insurance proceeds on a former employees are excluded, the return on average equity and average assets would be 14.03% and 1.42%, respectively, for six months (annualized) ended June 30, 2021 (non-GAAP). (1)
Six Months Ended June 30, 2022 Compared to 2021
- For the six months ended June 30, 2022, net income totaled $13,641,000 which compares to net income of $15,110,000 for the first six months of 2021, a decrease of $1,469,000 or 9.7%. Basic earnings per share of $3.43 for the first six months of 2022 compares to $3.79 for the first six months last year. Annualized return on equity for the six months ended June 30, 2022 and 2021 was 12.48% and 15.19%, while annualized return on assets was 1.25% and 1.54%, respectively, with ratios in 2021 benefitting from life insurance proceeds on two former employees. If the activity associated with the passing of the former employees in 2021 are excluded, basic earnings per share in 2021 would have been $3.42 compared to $3.43 for the first six months of 2022 (non-GAAP) (1).
- Net interest income before the provision for loan loss for the six months ended June 30, 2022 totaled $33,991,000 compared to $32,653,000 for the six months ended June 30, 2021, resulting in an increase of $1,338,000, or 4.1%. Amortization on PPP loans decreased $902,000 during 2022 compared to 2021. Average interest earning assets increased $211.3 million for the six months ended June 30, 2022 compared to the same period last year, as a result of growth in investments and organic loan growth funded by deposit growth and borrowings. Average loans increased $79.8 million while average investment securities increased $151.0 million. The yield on interest earning assets decreased 32 basis points to 3.67%, while the cost of interest-bearing liabilities decreased 12 basis points to 0.41%. The decrease in amortization on PPP loans accounts for 9 bps of the decrease in margin and the yield on interest earning assets. A large component of the remaining decrease is due to the percentage of interest earning assets in investments in 2022 that were purchased during a lower interest rate environment.
- The provision for loan losses for the six months ended June 30, 2022 was $700,000, a $450,000 decrease to the comparable period in 2021. The decrease in the provision is attributable to the improved credit metrics of the loan portfolio in comparison to June 30, 2021 and less impact from the COVID-19 pandemic on the economy, both of which helped offset the impact of the organic loan growth experienced.
- Total non-interest income was $4,735,000 for the six months ended June 30, 2022, which is $2,206,000 less than the non-interest income of $6,941,000 for the same period last year. The primary drivers were the earnings of bank owned life insurance, which decreased $1,059,000 as the result of the passing of two former employees in 2021, gains on loans sold which decreased $668,000 due to a decrease in refinancing activity with the rise in rates that occurred in the first half of 2022, a loss on equity securities of $395,000 as a result of market performance when comparing 2022 to 2021. Other income decreased $478,000 due to fee income on derivative transactions for customers recorded in 2021. There were no corresponding fees in 2022.
- Total non-interest expenses for the six months ended June 30, 2022 totaled $21,431,000 compared to $20,267,000 for the same period last year, which is an increase of $1,164,000. Salary and benefit costs increased $1,287,000 due to an addition 12.4 FTEs and merit increases for 2022. Additionally, salary and benefit costs for 2021 benefitted from a $400,000 reduction in deferred compensation due to the passing of a former executive in the first quarter of 2021. The decrease in ORE expenses of $500,000 is due to gains on the sale of ORE properties that totaled $491,000, compared to minimal gains in 2021.
- The provision for income taxes decreased $113,000 when comparing the six months ended June 30, 2022 to the same period in 2021 as a result of a decrease in income before income tax of $1,582,000. The effective tax rate was 17.8% and 16.9% for the six months ended June 30, 2022 and 2021, respectively. It should be noted the earnings on bank owned life insurance are exempt from Federal income tax and accounts for the difference in tax rates between 2021 and 2022.
Second Quarter of 2022 Compared to the Second Quarter of 2021
- For the three months ended June 30, 2022, net income totaled $6,901,000 which compares to net income of $6,647,000 for the comparable period of 2021, an increase of $254,000 or 3.8%. Basic earnings per share of $1.74 for the three months ended June 30, 2022 compares to $1.67 for the 2021 comparable period. Annualized return on equity for the three months ended June 30, 2022 and 2021 was 12.49% and 13.19%, while annualized return on assets was 1.25% and 1.32%, respectively.
- Net interest income before the provision for loan losses for the three months ended June 30, 2022 totaled $17,729,000 compared to $16,212,000 for the three months ended June 30, 2021, resulting in an increase of $1,517,000. Average interest earning assets increased $192.1 million for the three months ended June 30, 2022 compared to the same period last year as a result of the organic loan and deposit growth. Average loans increased $107.9 million while average investment securities increased $148.7 million and average interest bearing cash holdings decreased $61.4 million. The tax effected net interest margin for the three months ended June 30, 2022 was 3.43% compared to 3.46% for the same period last year. The margin was impacted by the decrease in the average yield on interest earning assets of 10 basis points to 3.75% of which 5 basis points was due to $227,000 of decreased amortization on PPP loans.
- The provision for loan losses for the three months ended June 30, 2022 was $450,000, a $50,000 decrease to the comparable period in 2021. The decrease in the provision is attributable to the solid credit metrics of the loan portfolio and less impact from the COVID-19 pandemic on the economy.
- Total non-interest income was $2,304,000 for the three months ended June 30, 2022, which is $402,000 less than the comparable period last year. The primary drivers were gains on loans sold which decreased $270,000 due to a decrease in refinancing activity with the rise in rates that occurred in 2022, and a loss on equity securities of $163,000 as a result of market performance when comparing 2022 to 2021. Other income decreased $273,000 due to fee income on derivative transactions for customers recorded in 2021. There were no corresponding fees in 2022. Service charges increased $161,000 for the three months ended June 30, 2022 compared to the same period in 2021.
- Total non-interest expenses for the three months ended June 30, 2022 totaled $11,200,000 compared to $10,320,000 for the same period last year, which is an increase of $880,000, or 8.5%. Salary and benefit costs increased $637,000 due to an addition 17.4 FTEs and merit increases for 2022.
- The provision for income taxes increased $31,000 when comparing the three months ended June 30, 2022 to the same period in 2021 as a result of an increase in income before income tax of $285,000. The effective tax rate was 17.7% and 17.9% for the three months ended June 30, 2022 and 2021, respectively.
Balance Sheet and Other Information:
- At June 30, 2022, total assets were $2.21 billion compared to $2.14 billion at December 31, 2021 and $2.00 billion at June 30, 2021. The loan to deposit ratio as of June 30, 2022 was 84.92% compared to 78.51% as of December 31, 2021 and 84.11% as of June 30, 2021.
- Available for sale securities of $462.9 million at June 30, 2022 increased $50.5 million from December 31, 2021 and $93.9 million from June 30, 2021. The yield on the investment portfolio decreased from 2.07% to 1.77% on a tax equivalent basis due to the amount of securities purchased in 2020 and 2021, which was a low rate environment due to the pandemic. Purchases made in the first half of 2022 have been at higher rates than those made in 2020 and 2021.
- Net loans as of June 30, 2022 totaled $1.58 billion and increased $153.6 million from December 31, 2021, which is 21.6% on an annualized basis. In comparison to June 30, 2021, net loans have grown $179.6 million, or 12.8%, and, if PPP loans are excluded, loans increased $202.8 million or 14.8%.
- The allowance for loan losses totaled $17,570,000 at June 30, 2022 which is an increase of $266,000 from December 31, 2021. The increase is due to recording a provision for loan losses of $700,000 and recoveries of $17,000, offset by charge-offs of $451,000. The allowance as a percent of total loans was 1.10% as of June 30, 2022 and 1.20% as of December 31, 2021.
- Deposits increased $42.6 million from December 31, 2021, to $1.88 billion at June 30, 2022, primarily due to customers holding more cash and new customer relationships in the Delaware market.
- Borrowings increased $36.6 million from December 31, 2021 to $110.5 million at June 30, 2022 to fund organic loan growth.
- Stockholders' equity totaled $195.0 million at June 30, 2022, compared to $212.5 million at December 31, 2021, a decrease of $17.5 million. Excluding accumulated other comprehensive loss (AOCI), stockholders equity increased $8.9 million and totals $221.6 million. The increase in stockholders equity, excluding AOCI, was attributable to net income for the six months ended June 30, 2022 totaling $13.6 million, offset by cash dividends for the first two quarters of 2022 totaling $3.8 million and net treasury stock activity of $897,000. As a result of increases in market interest rates impacting the fair value of investment securities, the unrealized loss on available for sale investment securities, net of tax, increased $29.2 million from December 31, 2021.
Dividend Declared
On May 31, 2022, the Board of Directors declared a cash dividend of $0.475 per share, which was paid on June 24, 2022 to shareholders of record at the close of business on June 10, 2022. This quarterly cash dividend is an increase of 3.20% over the regular cash dividend of $0.456 per share declared one year ago, as adjusted for the 1% stock dividend declared in June 2022. The Board declared a 1% stock dividend, payable on June 24, 2022 to shareholders of record at the close of business on June 10, 2022.
Citizens Financial Services, Inc. has nearly 1,900 shareholders, the majority of whom reside in markets where its offices are located.
Note: This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. These statements are not historical facts; rather, they are statements based on the Company's current expectations regarding its business strategies and their intended results and its future performance. Forward-looking statements are preceded by terms such as "expects," "believes," "anticipates," "intends" and similar expressions. Forward-looking statements are not guarantees of future performance. Numerous risks and uncertainties could cause or contribute to the Company's actual results, performance and achievements to be materially different from those expressed or implied by the forward-looking statements. Factors that may cause or contribute to these differences include, without limitation, changes in general economic conditions, including changes in market interest rates and changes in monetary and fiscal policies of the federal government; legislative and regulatory changes; and other factors disclosed periodically in the Company's filings with the Securities and Exchange Commission. Because of the risks and uncertainties inherent in forward-looking statements, readers are cautioned not to place undue reliance on them, whether included in this press release or made elsewhere periodically by the Company or on its behalf. The Company assumes no obligation to update any forward-looking statements except as may be required by applicable law or regulation.
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The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/07/21/citizens-financial-services-inc-reports-unaudited-second-quarter-2022-financial-results/ | 2022-07-21T23:32:29Z |
TORONTO, July 20, 2022 /PRNewswire/ - SoftwareReviews, a leading source for insights on the software provider landscape, has published its 2022 B2B and B2C eCommerce Platforms Data Quadrant. According to user data, eight providers in the B2B and B2C spaces are the top options for managing online sales, with two providers ranking in both the B2B and B2C categories. These providers have been named Gold Medalists for 2022.
eCommerce platforms help businesses sell online and make it possible to manage inventory, add or remove products, manage shipping, and complete all other operations required to manage a website and fulfill online orders. This technology has become especially critical for business as the growth of new online businesses during the pandemic has made the retail landscape increasingly competitive.
With the shift to online commerce, business owners and marketers are spending more on advertising but often experiencing a lack of success in their campaigns. By adopting the right B2B or B2C eCommerce platform, businesses can integrate multi-channel marketing communications to help increase the overall customers' lifetime value in today's market.
"The further proliferation of online shopping, spurred by the pandemic, has provided the impetus for accelerated digital transformation, making eCommerce solutions an increasingly essential tool," says Austin Wagar, eCommerce category analyst and research analyst at Info-Tech Research Group. "eCommerce software streamlines the intricacies of online stores, shouldering tasks integral to an organization. By integrating with other applications across the enterprise, eCommerce platforms offer robust functionality and are vital to providing customers with an enhanced online shopping experience."
To support businesses in the digital market, SoftwareReviews has identified the top B2B and B2C eCommerce software providers for the year based on verified survey data collected from 1,303 end-user reviews. These providers have received high scores on SoftwareReviews' Data Quadrant.
Providers are ranked by a composite satisfaction score, called a Composite Score (CS), that averages four different areas of evaluation: Net Emotional Footprint, Vendor Capabilities, Product Features, and Likeliness to Recommend.
The 2022 B2B eCommerce Software Gold Medalists are as follows:
- FastSpring, 8.5 CS, ranked high for content localization.
- Shopify Plus, 8.5 CS, ranked high for payment processing.
- BigCommerce, 8.4 CS, ranked high for vendor support.
- Salesforce B2B Commerce Cloud, 8.4 CS, ranked high for business value creation.
- Pepperi B2B eCommerce, 8.2 CS, ranked high for availability and quality of training.
- HCL Commerce, 8.1 CS, ranked high for catalog management.
The 2022 B2C eCommerce Software Gold Medalists are as follows:
- Shopify Plus, 8.5 CS, ranked high for payment processing.
- WooCommerce, 8.3 CS, ranked high for ease of implementation.
- BigCommerce, 8.3 CS, ranked high for usability and intuitiveness.
- PrestaShop, 8.2 CS, ranked high for ease of customization.
- Shopify, 8.2 CS, ranked high for its quality of features.
SoftwareReviews' comprehensive software reviews provide the most accurate and detailed view of a complicated and ever-changing market. The data comes from real users who use the software day in and day out and IT professionals who have worked with it intimately through procurement, implementation, and maintenance.
To compare and evaluate eCommerce software providers using the most in-depth and unbiased analyst reports available, visit the dedicated eCommerce platforms category page.
For more information about SoftwareReviews, the Data Quadrant, or the Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com and connect via LinkedIn, Twitter, and Facebook.
About SoftwareReviews
SoftwareReviews is the most in-depth source of buyer data and insights for the enterprise software market. By collecting customer experience data from business and IT professionals, the SoftwareReviews methodology produces detailed and authentic insights into the experience of evaluating and purchasing enterprise software.
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SOURCE SoftwareReviews | https://www.kxii.com/prnewswire/2022/07/20/best-ecommerce-platforms-manage-online-sales-compete-digital-market-according-softwarereviews-data/ | 2022-07-20T20:05:31Z |
HUDDINGE, Sweden, Sept. 1, 2022 /PRNewswire/ -- XNK Therapeutics AB ("XNK") today announced the successful completion of the building phase of the company's new GMP clean room facility.
All equipment and systems are now installed, and qualification of the clean room is complete, while validation and qualification of equipment and systems are progressing according to plan. The first technical batch has been produced in the facility, demonstrating the ability to run a production process.
"XNK has worked hard over the past year planning for this new GMP facility that will enable the aseptic production of ATMPs and clinical material for future studies," said Paul Do, Head of Clinical Manufacturing and Engineering at XNK Therapeutics. "This is an important step in the company's ambitious growth plan to enable further larger clinical studies with our natural killer cell-based therapies."
The GMP facility comprises approximately 350 square meters and includes 150 square meters of clean rooms, quality control (QC) lab, storage for materials and end product, and office space. The facility is located at the Novum research park at Karolinska University Hospital in Huddinge, Sweden.
For more information, please contact:
Johan Liwing, CEO, XNK Therapeutics
Tel: +46706703675
E-mail: johan.liwing@xnktherapeutics.com
About XNK Therapeutics AB
XNK Therapeutics is a clinical stage, immunotherapy company focusing its efforts on preventing and treating cancer by developing novel NK cell-based therapies. The company is at the forefront of the development of autologous NK cell-based products using its proprietary technology platform. The company's platform technology and lead investigational candidate drug was developed specifically to target cancers, including settings where allogeneic cell products are not readily applicable. The Company's objective is for its investigational candidate drug and proprietary platform technology to constitute key components in the cancer treatments of tomorrow. XNK Therapeutics is headquartered in Stockholm, Sweden. For more info, please visit www.xnktherapeutics.com.
About XNK Therapeutics's technology platform
The platform has ideal properties to produce autologous NK cell-based drug candidates for targeting malignant diseases across a wide range of indications in mono- and combination therapy. It encompasses a unique closed manufacturing system for development of the NK cell-based products. The process includes a selective expansion and activation of NK cells from peripheral blood of patients with cancer. The product is produced in less than three weeks. It is delivered to the clinic upon need, where the product is thawed and infused into the patient without any further processing. The product has demonstrated an up to 10-year stability in liquid nitrogen. The assets of XNK Therapeutics are protected by patents in the US, Europe and certain other jurisdictions. Additional patent applications have been filed.
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SOURCE XNK Therapeutics AB | https://www.kxii.com/prnewswire/2022/09/01/xnk-therapeutics-completes-building-phase-new-gmp-facility/ | 2022-09-01T08:00:23Z |
NEW YORK, June 6, 2022 /PRNewswire/ -- Lindblad Expeditions Holdings, Inc. announced today that Chief Financial Officer, Craig Felenstein, will participate in the William Blair 42nd Annual Growth Stock Conference on Wednesday, June 8, 2022 at the Loews Chicago Hotel, in Chicago, IL. The session will begin at 1:20 p.m. – 1:50 p.m. CT.
To listen to the live webcast, please visit the Lindblad Expeditions Holdings, Inc. website at https://investors.expeditions.com/events/default.aspx. A replay of the webcast will also be available at the same location for an extended period following the conference.
About Lindblad Expeditions Holdings, Inc.
Lindblad Expeditions Holdings, Inc. is a global provider of small ship expeditions and adventure travel experiences recognized as the category leader for its pioneering, cutting edge programming and conservation commitment. Lindblad focuses on ship-based voyages through its Lindblad Expeditions brand and on land-based travel through its subsidiaries, Natural Habitat, Inc., Off the Beaten Path LLC, DuVine Cycling + Adventure Co. and Classic Journeys, LLC.
Lindblad works in partnership with National Geographic to inspire people to explore and care about the planet. The organizations work in tandem to produce innovative marine expedition programs and to promote conservation and sustainable tourism around the world. Guests interact with and learn from leading scientists, naturalists and researchers while discovering stunning natural environments, above and below the sea, through state-of-the-art exploration tools.
Image of Craig Felenstein: here
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SOURCE Lindblad Expeditions Holdings, Inc. | https://www.kxii.com/prnewswire/2022/06/06/lindblad-expeditions-holdings-inc-participate-william-blair-42nd-annual-growth-stock-conference/ | 2022-06-06T17:29:54Z |
NK Seeds soybean experts offer management tips for adjusting practices after a late planting, early-season disease, pest and weather issues
DOWNERS GROVE, Ill., June 30, 2022 /PRNewswire/ -- From a cold, wet spring that forced a late planting to June storms that left many Midwestern farmers assessing hail damage, the 2022 growing season got off to a bumpy start across much of the Corn Belt. Fortunately, farmers are resilient by nature, and with a few adjustments to their soybean management practices, NK Seeds soybean experts say that there's reason for optimism for the season ahead.
- When it comes to early-season diseases, look at your crop stage, not your calendar. "Farmers are accustomed to addressing issues like Phytophthora Root Rot and Pythium in the spring, but given this season's delayed planting, they are issues that need to remain on farmers' radars," says Eric Miller, NK Seeds Soybean Product Manager. This time of year, Phytophthora can be more challenging to identify, since its symptoms (wilted or dying leaves) mimic the effects of drought. Pythium is also a risk this year since a primary causation of the soil fungus is cool, wet soil. While these spring yield robbers can be treated with seed treatments and fungicides, respectively, Miller encourages farmers to consider varieties with stacked Rps1c/3a or Rps1k/3a genes to protect from them. "Seed selection is one of the best tools in their toolbelts," he says. "Products like NK14-W6E3, NK29-Z4E3 and NK31-M7E3 have defense mechanisms built into their genetics to get soybeans off to a strong and vigorous start."
- Scout and treat for pests like soybean cyst nematode now to prevent late-season disease. Soybean cyst nematodes tend to make their move early in the growing season, as they burrow into the plant and move through the roots. "Aside from the obvious damage this pest causes by weakening the plant roots, they also provide an entry point for later-season agronomic issues like Sudden Death Syndrome," warns Todd McRoberts, NK Seeds Agronomy Manager. "Fortunately, products like NK14-W6E3, NK19-T8E3S feature Peking soybean cyst nematode protection, which in turn offers solid standability." For fields with a history of soybean cyst nematode and Sudden Death Syndrome, McRoberts advises farmers to also consider seed treatments like Saltro® Fungicide.
- Carefully consider replant decisions necessitated by poor emergence, hail damage or other weather incidents. "Some Midwest farmers have already had to contend with hail damage this year, and they'll want to look at defoliation as a measurement of damage," says McRoberts. "While leaf loss may have little impact on yield potential, it can cause significant damage in later reproductive stages." Before making any soybean replanting decisions, farmers will also want to evaluate plant health, determine their remaining stand and compare the yield potential of a reduced stand to a replanted stand. NK Seeds offers tables in the NK Seeds Agronomic Guide, available for free from NK sales representatives, to help farmers calculate these factors based on harvest population, planting date and plant stand assessment. Finally, adjust seeding rate and row spacing for late-planted crops. Miller suggests increasing seeding rate by 5%-10%, as a general rule of thumb, and reducing row width from 30 to 15 inches when possible.
- Control weeds early. With planting complete, it's time to focus on early-season weed control — before weeds exceed four inches in height. Look for products like NK20-B6E3S, NK33-W2E3S, and NK37-V4E3S, which feature proprietary genetics stacked on Enlist® E3 Soybean herbicide traits, and consider in-season applications of 2,4-D and glufosinate as needed.
- Document observations and capture early-season data. There are many data points to be noted in the first weeks of the season, from how vigorously crops emerge from the ground to how they stand and tolerate disease pressure. "The evaluation process for next season should begin long before harvest; it should begin during emergence," urges Miller. "There's a lot to be learned during soybean emergence and the critical weeks that follow."
For more soybean tips, visit your NK Seeds sales representative or contact your local agronomist.
Syngenta Crop Protection and Syngenta Seeds are part of Syngenta Group, one of the world's leading agriculture companies. Our ambition is to help safely feed the world while taking care of the planet. We aim to improve the sustainability, quality and safety of agriculture with world class science and innovative crop solutions. Our technologies enable millions of farmers around the world to make better use of limited agricultural resources.
The content of this release is for information purposes only. This release is not, and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy any securities or other property interests.
This document may contain forward-looking statements, which can be identified by terminology such as 'expect', 'would', 'will', 'potential', 'plans', 'prospects', 'estimated', 'aiming', 'on track' and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. For Syngenta, such risks and uncertainties include risks relating to legal proceedings, regulatory approvals, new product development, increasing competition, customer credit risk, general economic and market conditions, compliance and remediation, intellectual property rights, implementation of organizational changes, impairment of intangible assets, consumer perceptions of genetically modified crops and organisms or crop protection chemicals, climatic variations, fluctuations in exchange rates and/or commodity prices, single source supply arrangements, political uncertainty, natural disasters, and breaches of data security or other disruptions of information technology. Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.
To learn more visit www.syngenta.com and www.goodgrowthplan.com. Follow us on Twitter at www.twitter.com/SyngentaUS and on LinkedIn at www.linkedin.com/company/syngenta.
© 2022 Syngenta. 2001 Butterfield Road, Suite 1600, Downers Grove, IL 60515. Important: Always read and follow label instructions. Some products may not be registered for sale or use in all states or counties. Please check with your local extension service to ensure registration status.
Under federal and local laws, only dicamba-containing herbicides registered for use on dicamba-tolerant varieties may be applied. See product labels for details and tank mix partners. NK® soybean varieties are protected under granted or pending U.S. variety patents and other intellectual property rights, regardless of the trait(s) within the seed. The Enlist E3® soybean traits, the LibertyLink®, Roundup Ready 2 Xtend®, the Roundup Ready 2 Yield®, XtendFlex® traits may be protected under numerous United States patents. It is unlawful to save soybeans containing these traits for planting or transfer to others for use as a planting seed. Roundup Ready 2 Xtend®, Roundup Ready 2 Yield® and XtendFlex® are trademarks used under license from the Bayer Group. LibertyLink® is a trademark used under license from BASF. ENLIST E3® soybean technology is jointly developed with Corteva Agriscience LLC and M.S. Technologies, L.L.C. The ENLIST trait and ENLIST Weed Control System are technologies owned and developed by Corteva Agriscience LLC. ENLIST® and ENLIST E3® are trademarks of Corteva Agriscience LLC. NK®, Saltro(R) and the Syngenta logo are trademarks of a Syngenta Group Company. All other trademarks are the property of their respective third-party owners.
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SOURCE NK Seeds | https://www.wibw.com/prnewswire/2022/07/01/nk-seeds-agronomic-alert-early-season-soybean-checklist/ | 2022-07-01T00:41:46Z |
GÖTEBORG, Sweden, June 17, 2022 /PRNewswire/ -- Volvo Energy invests in the UK-based, second-life battery energy storage specialist Connected Energy in order to further accelerate Volvo Group's battery business and sustainability opportunities.
In its mission to support and secure an attractive and sustainable circular business model for batteries, Volvo Energy is investing approx. SEK 50 M for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy.
"There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of second-life battery energy storage systems and further secure circular business opportunities for the forthcoming ramp-up in Volvo Group's second-life battery returns," says Joachim Rosenberg, President Volvo Energy. He continues: "Together with Connected Energy, we will minimize the environmental impact of the batteries that has powered Volvo Group vehicles. By repurposing the batteries, we obtain the full value from them – from a climate, environment and business perspective."
"We couldn't be more pleased to welcome our new investor Volvo Energy on board and look forward to forging a path to increasing the sustainability of both electric vehicles and grid connected energy storage. Our collaboration will enable us to optimize the potential for battery reusage and ensure that the resources in the batteries are used effectively," says Matthew Lumsden, CEO Connected Energy.
Volvo Energy is one of five new investors including Caterpillar Venture Capital Inc., the Hinduja Group, Mercuria, OurCrowd to join existing investors of Connected Energy; Engie New Ventures, Macquarie, and the Low Carbon Innovation Fund.
Facts Volvo Energy
Volvo Energy is a business area within the Volvo Group dedicated to providing essential support and infrastructure during the first-life, i.e. when batteries are mounted on vehicles, whilst subsequently securing reliable and sustainable second-life opportunities prior to battery recycling. Consequently, Volvo Energy supports to optimize first-life, creates and prolongs the second-life opportunities and thereby expanding the value creation from a climate, environment and business perspective.
Facts Connected Energy
With its headquarters in Newcastle upon Tyne, Technical Centre in Norfolk and systems operational in the UK, Belgium, Germany and Netherlands, Connected Energy is one of only a handful of companies in the world to have proven that second life vehicle batteries can be used in commercial battery storage systems. Connected Energy has sixteen operational systems across Europe: Belgium, Germany, the Netherlands and the UK with its largest at Cranfield University in Bedfordshire, England.
June 17, 2022
Journalists wanting further information, please contact:
Claes Eliasson,
Volvo Group Media Relations
+46765537229
For more information, please visit volvogroup.com
For frequent updates, follow us on Twitter: @volvogroup
The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 95,000 people and serves customers in more than 190 markets. In 2021, net sales amounted to about SEK 372 billion (EUR 37 billion). Volvo shares are listed on Nasdaq Stockholm.
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SOURCE AB Volvo | https://www.mysuncoast.com/prnewswire/2022/06/17/volvo-energy-invests-connected-energy-second-life-battery-business/ | 2022-06-17T06:56:37Z |
Police: More than 900 civilian bodies found in Kyiv region
US official: Sunken Russian cruiser was hit by Ukrainian missile
KYIV, Ukraine (AP) — The bodies of more than 900 civilians have been discovered in the region surrounding the Ukrainian capital following Russia’s withdrawal — most of them fatally shot, police said Friday, an indication that many people were “simply executed.”
The jarring number emerged shortly after Russia’s Defense Ministry promised to step up missile attacks on Kyiv in response to Ukraine’s alleged assaults on Russian territory. That ominous warning followed the stunning loss of Moscow’s flagship in the Black Sea, which a senior U.S. defense official said Friday was indeed hit by at least one Ukrainian missile.
Amid its threats, Moscow continued preparations for a renewed offensive in eastern Ukraine. Fighting also went on in the pummeled southern port city of Mariupol, where locals reported seeing Russian troops digging up bodies. In the northeastern city of Kharkiv, shelling of a residential area killed seven people, including a 7-month-old child, and wounded 34, according to regional Gov. Oleh Sinehubov.
GRAPHIC WARNING: Videos and photos contain disturbing images.
Around Kyiv, Andriy Nebytov, the head of the capital’s regional police force, said bodies were abandoned in the streets or given temporary burials. He cited police data indicating 95% died from gunshot wounds.
“Consequently, we understand that under the (Russian) occupation, people were simply executed in the streets,” Nebytov said.
More bodies are being found every day under rubble and in mass graves, he added, with the largest number found in Bucha, where there were more than 350.
According to Nebytov, utility workers gathered and buried bodies in the Kyiv suburb while it remained under Russian control. Russian troops, he added, were “tracking down” people who expressed strong pro-Ukrainian views.
Ukrainian President Volodymyr Zelenskyy accused Russian troops occupying parts of the Kherson and Zaporizhzhia regions in the south of terrorizing civilians and hunting for anyone who served in Ukraine’s military or government.
“The occupiers think this will make it easier for them to control this territory. But they are very wrong. They are fooling themselves,” Zelenskyy said. “Russia’s problem is that it is not accepted — and never will be accepted — by the entire Ukrainian people. Russia has lost Ukraine forever.”
In his nightly video address to the nation, Zelenskyy also said he discussed the fate of Mariupol with top military and intelligence officials. He said he couldn’t offer details, “but we are doing everything we can to save our people.’’
Zelenskyy said peace and “how many more Ukrainians the occupiers have time to kill’' depend on Ukraine receiving more outside support, and echoed calls for more and faster military aid, as well as an oil embargo on Russia.
More violence could be in store for Kyiv after Russian authorities accused Ukraine of wounding seven people and damaging about 100 residential buildings with airstrikes in Bryansk, a region bordering Ukraine. Authorities in another border region of Russia also reported Ukrainian shelling Thursday.
“The number and the scale of missile attacks on objects in Kyiv will be ramped up in response to the Kyiv nationalist regime committing any terrorist attacks or diversions on the Russian territory,” Russian Defense Ministry spokesman Igor Konashenkov said.
Russia used missiles to destroy a facility for the repair and production of missile systems in Kyiv, Konashenkov said.
Ukrainian officials have not confirmed striking targets in Russia, and the reports could not be independently verified.
However, Ukrainian officials said forces did strike a key Russian warship with missiles. A senior U.S. defense official backed up the claim, saying the U.S. now believes the Moskva was hit by at least one Neptune anti-ship missile, and probably two. The official spoke on condition of anonymity to discuss an intelligence assessment.
The Moskva, named for the Russian capital, sank while being towed to port Thursday after taking heavy damage. Though Moscow did not acknowledge any attack, saying only that a fire had caused ammunition on board to detonate, the loss of the ship represents an important victory for Ukraine and a symbolic defeat for Russia.
The sinking reduces Russia’s firepower in the Black Sea, although military analysts disagreed on the event’s significance to the course of the war. Either way, the loss was viewed as emblematic of Moscow’s fortunes in an eight-week invasion widely seen as a historic blunder following the retreat from the Kyiv region and much of northern Ukraine.
“A ‘flagship’ russian warship is a worthy diving site. We have one more diving spot in the Black Sea now. Will definitely visit the wreck after our victory in the war,” Ukrainian Defense Minister Oleksiy Reznikov tweeted Friday.
Russia’s warning of renewed airstrikes did not stop Kyiv residents from taking advantage of a sunny and slightly warmer spring Friday as the weekend approached. More people than usual were out on the streets, walking dogs, riding electric scooters and strolling hand in hand.
In one central park, a small group of people including a woman draped in a Ukrainian flag danced to the music of a portable speaker.
Such tentative signs of prewar life have resurfaced in the capital after Russian troops failed to capture the city and retreated to concentrate on eastern Ukraine, leaving behind evidence of possible war crimes. But a renewed bombardment could mean a return to the steady wail of air raid sirens heard during the early days of the invasion and to fearful nights sheltering in subway stations.
In Mariupol, the city council said Friday that locals reported seeing Russian troops digging up bodies buried in residential courtyards and not allowing new burials “of people killed by them.”
“Why the exhumation is being carried out and where the bodies will be taken is unknown,” the council said on the Telegram messaging app.
Fighting continued in industrial areas and the port, and Russia for the first time used the Tu-22М3 long-range bomber to attack the city, said Oleksandr Motuzyanyk, a spokesman for the Ukrainian Ministry of Defense.
Mariupol has been blockaded by Russian forces since the early days of the invasion, and dwindling numbers of Ukrainian defenders have held out against a siege that has come at a horrific cost to trapped and starving civilians.
The mayor said this week that the city’s death toll could surpass 20,000. Other Ukrainian officials have said they expect to find evidence in Mariupol of atrocities like the ones discovered in Bucha and other towns outside Kyiv.
Mariupol’s capture would allow Russian forces in the south, which came up through the annexed Crimean Peninsula, to fully link up with troops in the Donbas region, Ukraine’s eastern industrial heartland and the target of the looming offensive.
It’s not certain when Russia will launch a full-scale campaign.
Moscow-backed separatists have fought Ukrainian forces in the Donbas since 2014, the same year Russia seized Crimea from Ukraine. Russia has recognized the independence of two rebel-held areas of the region.
Also Friday a Russian rocket hit an airport at night in the central city of Oleksandriia, Mayor Serhiy Kuzmenko said via Facebook. He made no mention of casualties.
And a regional Ukrainian official said seven people were killed and 27 wounded when Russian forces fired on buses carrying civilians in the village of Borovaya, near Kharkiv. The claim could not be independently verified.
Dmytro Chubenko, a spokesman for the regional prosecutor’s office, told the Suspilne news website that authorities had opened criminal proceedings in connection with a suspected “violation of the laws and customs of war, combined with premeditated murder.”
Russia’s Defense Ministry said strikes in the Kharkiv region had “liquidated a squad of mercenaries from a Polish private military company” of up to 30 people and “liberated” an iron and steel factory in Mariupol. The claims could not be independently verified.
___
Fisch reported from Kramatorsk. Burns reported from Washington. Associated Press journalists around the world contributed to this report.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/15/zelenskyy-hails-ukrainians-resolve-50-days-into-invasion/ | 2022-04-16T23:11:20Z |
Why Fed worries about the strongest US job market in decades
By CHRISTOPHER RUGABER
AP Economics Writer
WASHINGTON (AP) — Chair Jerome Powell isn’t as pleased with the robust U.S. job market as you might think he’d be, and he and the Federal Reserve plan to do something about it: Take it down a notch. Powell described the job market this week as “extremely, historically” tight and “unsustainably hot.” Available jobs are near record highs. Wages are rising at their fastest pace in decades. The unemployment rate is flirting with a half-century low, and layoffs are sparse. Yet Powell doesn’t see all of this as purely a cause for celebration. With the highest inflation in four decades hurting households and businesses, the Fed chair regards the job market’s strength as a key driver of spiking prices. | https://localnews8.com/news/ap-national-business/2022/04/22/why-fed-worries-about-the-strongest-us-job-market-in-decades/ | 2022-04-22T19:02:06Z |
Lakemore Village Council deals with personnel items
LAKEMORE – Village Council approved several personnel items at the May 2 meeting.
Council approved legislation for the fire chief to hire Jeremy Richards and Greyson Henderson as part-time firefighter medics.
Council also accepted the resignation of firefighter medic Brandon Miner and voted to terminate Lane Smith from the Fire Department. There were no further comments on the termination.
Council approved hiring Dylan Ukleja as a part-time police officer. He will serve a one-year probation period.
A resolution for the village to apply for the Department of Justice COPS grant was approved. The application deadline is June 16.
An ordinance to amend previous ordinances for the employee policies and procedures manual was approved. These are part of updates for the Police Department policies Chief Roy Smith has been working on. They cover employee recruitment and hiring, general special orders, and department reimbursement upon separation.
A resolution was read for the first time for the village to participate in the tax delinquent program with the Regional Income Tax Agency for local income taxes. The legislation includes an administrative subpoena will be issued to taxpayers that fail to respond to the non-filing letter.
An amendment to a previous ordinance to make appropriations for current expenses and other expenditures of the village for the fiscal year ending Dec. 31, 2022, was approved. Council approved the increase in appropriations in the general fund property insurance premiums of $5,003 for the remaining cost of the renewal of Love Insurance Agency.
Announcements:
- The food pantry will take place May 25 at 5 p.m. at the Lakemore United Methodist Church.
- Recycle cardboard and paper behind the Lakemore United Methodist Church in the bins located in the parking lot on Sanitarium Road.
- The Quarter Auction was a great success, and the proceeds will be used for a community day celebration to be held Sept. 3.
- Geo’s restaurant is giving back to the community. Each Tuesday in May a percentage of the meal costs will be donated to help fund the upcoming Rock the Docks Festival.
- Community garden plots are available for the residents. To sign up for a plot, visit lakemoreohio.org for an application.
- The next Village of Lakemore Council meeting will be held May 16, at 7 p.m. in the Municipal Building, 1400 Main Street. | https://www.cantonrep.com/story/news/2022/05/09/lakemore-village-council-deals-personnel-items/9649144002/ | 2022-05-12T16:45:20Z |
Possibility of rain in the Suncoast, eyes still glued to Tropics
SARASOTA, Fla. (WWSB) - The National Hurricane Center is forecasting an 80 percent chance of the disturbance near the Yucatan Peninsula becoming a tropical depression or tropical storm in the next day or two.
What may follow are tropical storm watches and/or warnings. The First Alert Weather team will continue to track those throughout the afternoon.
The largest concern for the Suncoast forecast is the chance of heavy rain which could lead to some local minor flooding of roads and poor drainage areas in the southern and interior areas, including Charlotte, Lee, and DeSoto counties.
Its still a bit early to put concrete numbers on anticipated rainfall as the system has not formed yet, but 1 to 3 inches area-wide with pockets of higher rain amounts seems reasonable, considering Thursday morning guidance. That could change with time.
In South Florida, the rain amounts could be as high as 7 to 10 inches. Anyone considering driving south to the tip of the state on Friday or Saturday should consider the likelihood of flooding rains there.
For us, it is very possible that Friday night and at least part of Saturday may be a washout. But when the rains will end on Saturday is still a question.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/06/02/possibility-rain-suncoast-eyes-still-glued-tropics/ | 2022-06-02T19:35:59Z |
Temperatures in parts of India and Pakistan have reached record levels, putting the lives of millions at risk as the effects of the climate crisis are felt across the subcontinent.
The average maximum temperature for northwest and central India in April was the highest since records began 122 years ago, reaching 35.9 and 37.78 degrees Celsius (96.62 and 100 degrees Fahrenheit) respectively, according to the Indian Meteorological Department (IMD).
Last month, New Delhi saw seven consecutive days over 40 degrees Celsius (104 Fahrenheit), three degrees above the average temperature for the month of April, according to CNN meteorologists. In some states, the heat closed schools, damaged crops and put pressure on energy supplies, as officials warned residents to remain indoors and keep hydrated.
The heatwave has also been felt by India's neighbor Pakistan, where the cities of Jacobabad and Sibi in the country's southeastern Sindh province recorded highs of 47 degrees Celsius (116.6 Fahrenheit) on Friday, according to data shared with CNN by Pakistan's Meteorological Department (PMD). According to the PMD, this was the highest temperature recorded in any city in the Northern Hemisphere on that day.
"This is the first time in decades that Pakistan is experiencing what many call a 'spring-less year," Pakistan's Minister of Climate Change, Sherry Rehman said in a statement.
Temperatures in India are expected to subside this week, the IMD said, but experts say the climate crisis will cause more frequent and longer heatwaves, affecting more than a billion people across the two countries.
India is among the countries expected to be worst affected by the impacts of the climate crisis, according to the Intergovernmental Panel on Climate Change (IPCC).
"This heatwave is definitely unprecedented," said Dr. Chandni Singh, IPCC Lead Author and Senior Researcher at the Indian Institute for Human Settlements. "We have seen a change in its intensity, its arrival time, and duration. This is what climate experts predicted and it will have cascading impacts on health."
Loss of crops
India often experiences heatwaves during the summer months of May and June, but this year temperatures started rising in March and April.
In the northern state of Punjab, known as "India's bread basket," that's causing heat stress, not only for millions of agricultural workers, but for fields of wheat they rely on to feed their families and sell across the country.
Gurvinder Singh, director of agriculture in Punjab, said an average increase of up to 7 degrees Celsius (44.6 degrees Fahrenheit) in April had reduced wheat yields.
"Because of the heatwave we've had a loss of more than 5 quintal (500 kilograms) per hectare of our April yield," Singh told CNN Monday.
Chandni Singh, from the IPCC and no relation to Gurvinder Singh, said agricultural workers were more likely to suffer from the oppressive heat.
"People who work outdoors -- farmers, those in construction, manual labor -- will suffer more. They have less options to cool down and can't stay away from the heat," she said.
School closures and power cuts
In some parts of India, demand for electricity has led to a coal shortage, leaving millions without power for up to nine hours a day.
Last week, coal stocks at three out of the five power plants Delhi relies on to supply its power reached critically low levels, dropping below 25%, according to Delhi's Power Ministry.
India canceled more than 650 passenger trains through the end of May to clear tracks for more cargo trains as the country scrambles to replenish coal stocks at power plants, a senior official from the country's Railways Ministry told CNN.
Indian Railways is a key supplier of coal to power plants across the country.
Some Indian states, including West Bengal and Odisha, have announced school closures to deal with the rising temperatures.
"Children who have to traveled to school, many of them are getting nosebleeds, they can't tolerate this heatwave," West Bengal's Chief Minister Mamata Banerjee told reporters last week.
In recent years, both the federal and state governments have implemented a number of measures to mitigate the effects of heatwaves, including shutting down schools and issuing health advisories for the public.
But according to Chandni Singh, more should be done to prepare for future heatwaves.
"We don't have a heat action plan and there are gaps in planning," Singh said. "You can only adapt so much. This heatwave is testing the limits of human survivability."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/india-and-pakistan-heatwave-is-testing-the-limits-of-human-survivability-expert-says/article_d74cb9bd-d497-55ce-96a1-5423c9eec0b5.html | 2022-05-02T11:15:38Z |
NEW YORK, June 6, 2022 /PRNewswire/ -- EW Healthcare Partners (together with its consolidated subsidiaries and affiliates "EW") announced today that its affiliate, Athene Merger Sub, Inc. ("Purchaser"), commenced the previously announced cash tender offer for all of the issued and outstanding shares of common stock of TherapeuticsMD, Inc. (Nasdaq: TXMD) ("TXMD" or the "Company") at a price of $10.00 per share, net to the seller, in cash, without interest and less applicable withholding taxes. The tender offer is being made pursuant to the merger agreement (the "Merger Agreement") executed on May 27, 2022 and announced by EW and TXMD on May 31, 2022, under which Purchaser will acquire TXMD in a transaction valued at approximately $177 million. Purchaser and its parent company, Athene Parent, Inc. ("Parent"), are wholly owned subsidiaries of EW.
The $10.00 per share all-cash tender offer represents a premium of approximately 211.8% to the 30-day volume-weighted average price, as well as a premium of approximately 367.3% over TXMD's closing share price on May 27, 2022, the last trading day prior to EW and TXMD announced that they had entered into the Merger Agreement.
A tender offer statement on Schedule TO that includes the Offer to Purchase and related Letters of Transmittal setting forth the terms and conditions of the tender offer has been filed today with the U.S. Securities and Exchange Commission (the "SEC") by Purchaser. Additionally, TXMD will file a solicitation/recommendation statement on Schedule 14D-9 that includes the recommendation of TXMD's board of directors that TXMD's stockholders tender their shares in the tender offer.
The tender offer will expire one minute after 11:59 P.M., New York City time on July 5, 2022, unless the tender offer is extended in accordance with the terms of the Merger Agreement and the applicable rules and regulations of the SEC. The completion of the tender offer is conditioned upon, among other things, TXMD's stockholders tendering at least a majority of TXMD's then outstanding shares and other customary closing conditions.
If, as a result of the tender offer, the Purchaser holds shares that represent at least one share more than 50% of all the issued and outstanding shares of TXMD's common stock, and subject to the satisfaction or waiver of the remaining conditions set forth in the Merger Agreement, the Purchaser will, as soon as practicable, merge with and into TXMD, with TXMD continuing as the surviving corporation and as a wholly owned subsidiary of Parent, under Section 92A.133 of the Nevada Revised Statutes, without prior notice to, or any action by, any other stockholder of TXMD. Upon completion of the transaction, TXMD will cease to be a publicly traded company.
D.F. King & Co., Inc. is acting as information agent for Purchaser in the tender offer. Computershare Trust Company, N.A. is acting as depositary and paying agent in the tender offer. Requests for documents and questions regarding the tender offer may be directed to D.F. King & Co., Inc. by telephone at (800) 820-2416.
With over $4 billion raised since inception, EW Healthcare Partners is one of the largest and oldest private healthcare investment firms and seeks to make growth equity investments in fast growing commercial-stage healthcare companies in the pharmaceutical, medical device, diagnostics, and technology-enabled services sectors in the United States and in Europe. Since its founding in 1985, EW Healthcare Partners has maintained its singular commitment to the healthcare industry and has been a long-term investor in over 150 healthcare companies, ranging across sectors, stages and geographies. The team is comprised of over 20 senior investment professionals with offices in New York, Houston and London. https://www.ewhealthcare.com/
Certain statements in this communication, including, without limitation, statements regarding the proposed transaction, plans and objectives, and management's beliefs, expectations or opinions, may contain forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to future, not past, events and often address expected future actions and expected future business and financial performance. Forward-looking statements may be identified by the use of words such as "believe," "will," "should," "estimate," "anticipate", "potential," "expect," "intend," "plan," "may," "subject to," "continues," "if" and similar words and phrases. These forward-looking statements are not guarantees of future events and involve risks, uncertainties and assumptions that are difficult to predict.
Actual results, developments and business decisions may differ materially from those expressed or implied in any forward-looking statements as a result of numerous factors, risks and uncertainties over which the Company or EW Healthcare Partners, as applicable, have no control. These factors, risks and uncertainties include, but are not limited to, the following: (1) the conditions to the completion of the proposed transaction may not be satisfied, including uncertainties as to how many of the Company's stockholders will tender their shares in the tender offer and the possibility that if the transaction does not close by July 13, 2022, or the Company is unable to satisfy the minimum qualified cash covenant under the Company's Financing Agreement, it will constitute an event of default under the Company's Financing Agreement and the Company may not continue as a going concern; (2) the parties' ability to complete the proposed transaction contemplated by the Merger Agreement in the anticipated timeframe or at all; (3) the occurrence of any event, change or other circumstance that could give rise to the termination of the transaction agreement between the parties to the proposed transaction (including that if the transaction agreement is terminated it is an event of default under the Company's Financing Agreement and the Company may not continue as a going concern); (4) the effect of the announcement or pendency of the proposed transaction on business relationships, operating results, and business generally; (5) risks that the proposed transaction disrupts current plans and operations and potential difficulties in employee retention as a result of the proposed transaction; (6) risks related to diverting management's attention from ongoing business operations; (7) the outcome of any legal proceedings that may be instituted related to the proposed transaction or the transaction agreement between the parties to the proposed transaction; (8) the amount of the costs, fees, expenses and other charges related to the proposed transaction; (9) the risk that competing offers or acquisition proposals will be made; (10) general economic conditions, particularly those in the life science and medical device industries; (11) stock trading prices, including the impact of the proposed transaction on the Company's stock price and the corresponding impact that failure to close the proposed transaction would be expected to have on the Company's stock price, particularly in relation to the Company's current and future capital needs and its ability to raise additional funds to finance its future operations in the event the proposed transaction does not close; (12) the participation of third parties in the consummation of the proposed transaction; and (13) other factors discussed from time to time in the reports of the Company filed with the Securities and Exchange Commission (the "SEC"), including the risks and uncertainties contained in the sections titled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company's most recent Annual Report on Form 10-K, as filed with the SEC on March 23, 2022, and related sections in the Company's subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, all of which are available free of charge at http://www.sec.gov or under the "Investors & Media" section on the Company's website at www.therapeuticsmd.com.
Forward-looking statements reflect the views and assumptions of management as of the date of this communication with respect to future events. The Company does not undertake, and hereby disclaims, any obligation, unless required to do so by applicable laws, to update any forward-looking statements as a result of new information, future events or other factors. The inclusion of any statement in this communication does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material.
This press release is neither an offer to purchase nor a solicitation of an offer to sell common stock of TXMD or any other securities. This communication is for informational purposes only. The tender offer transaction commenced by affiliates of EW is being made pursuant to a tender offer statement on Schedule TO (including the Offer to Purchase, a related Letters of Transmittal and other offer materials) filed by such affiliates of EW with the SEC. In addition, TXMD will file a solicitation/recommendation statement on Schedule 14D-9 with the SEC related to the tender offer. The offer to purchase shares of TXMD' common stock is only being made pursuant to the Offer to Purchase, the Letters of Transmittal and related offer materials filed as a part of the tender offer statement on Schedule TO, in each case as amended from time to time. THE TENDER OFFER MATERIALS (INCLUDING THE OFFER TO PURCHASE, THE RELATED LETTERS OF TRANSMITTAL AND OTHER MATERIALS) AND THE SOLICITATION/RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 CONTAIN IMPORTANT INFORMATION. PRIOR TO MAKING ANY DECISION REGARDING THE TENDER OFFER, TXMD STOCKHOLDERS ARE STRONGLY ADVISED TO CAREFULLY READ THESE DOCUMENTS, AS FILED AND AS THEY MAY BE AMENDED FROM TIME TO TIME, WHEN THEY BECOME AVAILABLE. TXMD stockholders will be able to obtain the tender offer statement on Schedule TO (including the Offer to Purchase, a related Letters of Transmittal and other offer materials) and the related solicitation/recommendation statement on Schedule 14D-9 at no charge on the SEC's website at www.sec.gov. In addition, the tender offer statement on Schedule TO (including the Offer to Purchase, a related Letters of Transmittal and other offer materials) and the related solicitation/recommendation statement on Schedule 14D-9 may be obtained free of charge from D.F. King & Co., Inc. 48 Wall Street, 22nd Floor New York, New York 10005, Telephone Number (800) 820-2416.
Contact
EW Healthcare Partners
athene@ewhealthcare.com
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SOURCE EW Healthcare Partners | https://www.mysuncoast.com/prnewswire/2022/06/06/ew-healthcare-partners-announces-commencement-tender-offer-all-outstanding-shares-therapeuticsmd/ | 2022-06-06T21:50:28Z |
14 players in ACC ready to break out in 2022
By PETE IACOBELLI
AP Sports Writer
Spring football is a time when players who didn’t get much time on the field a season earlier make a push to become starters or see significant minutes this fall. It’s the same in the Atlantic Coast Conference this spring as the 14 schools have wrapped up spring football practices and prepare for the fall. The group includes transfers like Boston College tight end who moved from Notre Dame to the Eagles and players like Clemson receiver Joseph Ngata who has been slowed by injuries throughout his career but has been healthy this spring. | https://localnews8.com/news/2022/04/25/14-players-in-acc-ready-to-break-out-in-2022/ | 2022-04-26T02:16:45Z |
NEW YORK (AP) — A judge authorized the United States on Monday to seize a $90 million jet belonging to a Russian oligarch in a continuing effort to diminish the financial pillars of the Russian government after its invasion of Ukraine.
The effort to seize Andrei Skoch’s private plane, an Airbus A319-100, was part of a monthslong pursuit of sanctioned Russian oligarchs and their blocked property, U.S. Attorney Damian Williams announced.
Skoch, a steel magnate, is one of the wealthiest men in Russia’s Duma, or parliament. His fortune is valued at about $6.6 billion, according to Forbes. The U.S. Treasury first sanctioned Skoch in April 2018 over his ties to organized crime and for being “a deputy of the Russian Federation’s State Duma.”
Following Russia’s invasion of Ukraine, the U.S. Treasury Department’s Office of Foreign Assets Control issued additional sanctions against Skoch and his assets, including by identifying the Airbus in June as property in which Skoch had an interest, according to a release from law enforcement authorities.
The warrant to seize the plane, which is now in Kazakhstan, was signed by U.S. District Judge Robert W. Lehrburger in New York after a federal agent submitted an affidavit explaining how Skoch is the owner of the Airbus through a series of shell companies and trusts tied to his romantic partner. Authorities said the jet is worth more than $90 million.
“Once again U.S. law enforcement has demonstrated that international shell games will not suffice to hide the fruits of corruption and money laundering,” said Andrew C. Adams, director of a task force pursing the assets of Russian oligarchs.
The United States had already revealed it was seeking to seize a $156 million superyacht, the Madame Gu, belonging to Skoch. The 324-foot (98-meter) yacht has a helicopter pad, gym, beach club and elevator.
In June, Treasury issued additional sanctions against Skoch and his assets, banning American entities from conducting business with the superyacht. The yacht is registered in the Cayman Islands but has most recently been docked at Port Rashid in Dubai. Skoch is also sanctioned by the European Union.
The United Arab Emirates has not taken sides after Russia’s invasion of Ukraine and has welcomed the influx of Russian money to its beachfront villas and luxury hotels. The UAE has become a safe haven for some Russian oligarchs to park their assets.
In June, a U.S. court ordered the seizure of two aircraft worth over $400 million believed to be owned by sanctioned Russian oligarch Roman Abramovich. A court filing said that the former Chelsea soccer club owner’s Boeing 787 Dreamliner was in the UAE. | https://cw33.com/news/u-s-news/ap-us-headlines/us-obtains-warrant-to-seize-90m-jet-of-russian-oligarch/ | 2022-08-09T10:30:55Z |
Weed-killing chemical found in majority of urine samples in US, study finds
Published: Jul. 12, 2022 at 7:30 PM CDT|Updated: 1 hour ago
(CNN) - A new study shows a popular weed-killing chemical is in more than 80% of the nation’s urine samples.
The controversial herbicide glyphosate has been linked to cancer and is the active ingredient in the widely used Roundup for weed control products.
The company is at the center of thousands of lawsuits claiming it causes cancer.
Farmers spray the pesticide, which has been found in a variety of food, including baby formula.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/07/13/weed-killing-chemical-found-majority-urine-samples-study-finds/ | 2022-07-13T01:46:11Z |
Ayesha Curry named a Director of the Board of Back to the Roots and deepens her commitment to building the gardening brand for the next generation
OAKLAND, Calif., Aug. 17, 2022 /PRNewswire/ -- Today, Back to the Roots, the world's fastest-growing organic garden brand, announced that Ayesha Curry will be joining the Back to the Roots Board of Directors.
7 years ago, Ayesha Curry, a self-prescribed "crazy garden lady", was introduced to the founders of Back to the Roots, Nikhil Arora and Alejandro Velez, by mutual friends who believed they shared the same passions for gardening, growing your own food and inspiring kids to connect with the environment. The friendship developed into a product collaboration with Back to the Roots and later Ayesha coming on as an investor in the company.
Now, as Back to the Roots closed its $15M Series D and sets its eyes on exciting growth ahead, Ayesha is joining as the 6th member of the company's Board of Directors, focusing on product & brand development as Back to the Roots aims to build the gardening brand for generations to come. This year alone, consumers are expected to spend $100M on Back to the Roots gardening products.
Ayesha Curry says, "I am so excited to join the board of Back to the Roots. Nikhil, Alejandro and I share a passion for educating families about the magic of growing their own food and creating excitement about making healthy food choices. As a mom, it is important for me to encourage my children to develop a healthy lifestyle while also being mindful of protecting the Earth. As a businesswoman, I love that I am able to combine my passions and help this impressive business continue to excel as the garden brand for the next generation."
"We are so honored to have Ayesha join the board. Her incredible entrepreneurial mindset and innate branding & community development expertise make her the perfect fit for our company as we scale into our next chapter," says Nikhil Arora, Back to the Roots Co-Founder and Co-CEO.
"It's a special opportunity to add Ayesha to our Board — aside from her tremendous business experience, she is also a passionate gardener and a mom who wants to grow with her family. I can't think of anyone else better to help guide this brand into every home & classroom in the country," adds Back to the Roots Co-Founder and Co-CEO Alejandro Velez.
Back to the Roots is building the garden brand of the future — focusing on creating gardening products that are not only easy to use & great for plants, but also for the planet. They also have a school giveback program tied into every one of their products - helping bring organic grow kits to over 55,000 elementary school students this past year. Their game-changing line of organic indoor grow kits, 100% USA grown seed packets, peat-free soil, plant food, live plants and raised beds are available nationwide in Walmart, The Home Depot, Target, Lowe's and on Amazon.
About Ayesha Curry
Ayesha Curry is a renowned restaurateur, chef, 2x New York Times bestselling author, producer, host, and was featured on the prestigious Forbes "30 Under 30" list. Her accessible approach to cooking has made her one of the most sought-after experts in food and lifestyle and has amassed over 9 million avid social media followers and subscribers. Ayesha has her own line of cookware, kitchen textiles, and ready-to-eat meals, sold at retailers nationwide. Ayesha, along with her husband Stephen, is the co-founder of their family-founded charity Eat. Learn. Play. with a mission to end childhood hunger, ensure universal access to quality education, and enable healthy, active lifestyles. Working with key partners such as Alameda County Community Food Bank and World Central Kitchen, Eat. Learn. Play. has served up more than 25 million meals to-date in the Bay Area. Additionally, she is an ambassador for No Kid Hungry, an organization fighting to end childhood hunger. In 2020, Ayesha released her own lifestyle magazine, SWEET JULY, in partnership with the Meredith Corporation. The magazine shares recipes, personal anecdotes, fashion, family-friendly ideas and features interviews with inspiring creatives, influencers, activists, professionals and entrepreneurs from all walks of life. Following the launch of the magazine, Ayesha opened a brick-and-mortar Sweet July storefront and café in Oakland, CA and its accompanying website. She also released her second New York Times national best-selling cookbook, The Full Plate: Flavor Filled Recipes for Families with No Time and A Lot To Do. On the entertainment side, Curry recently hosted and executive produced HBO Max's About Last Night. Ayesha lives in the San Francisco Bay Area with her three kids, Riley, Ryan and Canon, and husband, Stephen.
About Back to the Roots
Back to the Roots is an organic gardening company that has evolved from an urban mushroom farm in Oakland, CA to a thriving national brand and the fastest-growing organic gardening company in the country. With a mission to reconnect everyone back to where food comes from, co-founders Nikhil Arora and Alejandro Velez are transforming the gardening industry by making it easy for anyone, anywhere to grow their own food. Their award-winning line of organic gardening kits, seeds, soils, plant food, and raised beds is currently distributed in over 10,000 retail locations nationwide, including The Home Depot, Lowes, Target, Walmart, Cost Plus, Whole Foods, Albertsons, Menards, Kohl's, Amazon, and Costco. Alejandro & Nikhil have also been featured as Forbes 30 Under 30, EY Entrepreneurs of the Year NorCal, President Obama's Champions of Change, and CNN 10 Next Gen Entrepreneurs to Watch. Please visit www.backtotheroots.com for more.
MEDIA CONTACT:
Ida Bo Frazier
The Rose Group
ida@therosegrp.com
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SOURCE Back to the Roots | https://www.mysuncoast.com/prnewswire/2022/08/17/investor-board-member-entrepreneur-ayesha-curry-officially-joins-team-1-organic-gardening-brand-back-roots/ | 2022-08-17T15:20:47Z |
- Whitelist and public sale of Country Club Membership NFT from June 28 to 30
- Abundant benefits for Country Club Membership NFT holders afterwards
SEOUL, South Korea, June 26, 2022 /PRNewswire/ -- BORANETWORK (representative Song Gye-han) announced on the 27th day that BirdieShot Enjoy&Earn, a casual golf game that is being developed by METABORA, a subsidiary of Kakao Games, will issue Country Club Membership NFT from June 28 to 30 for three days.
Holding the Country Club Membership NFT, users can continuously obtain "green fee" that is required to participate in the extreme mode match in BirdieShot where CON is provided as a prize.
The Country Club Membership NFT is presold to whitelisted purchasers who are entitled to presale. The whitelisted users may purchase the NFT for one hour from 8 p.m. on the 29th day after depositing funds in advance at Drops on BORA PORTAL from 7 p.m. on the 28th day to 7 p.m. on the 29th day.
If the amount of NFT for whitelist sale is not sold out, the remaining amount will be open to all users for sale from 8 p.m. to 9 p.m. on June 30th. Users may participate in the sale after depositing funds in advance at Drops on BORA PORTAL from 10 p.m. on the 29th day to 7 p.m. on the 30th day.
If all the prepared amount of NFT is sold out, BORANETWORK will provide tBORA to the purchasers as a reward by lot in commemoration of the sale of the NFT.
Meanwhile, BORANETWORK had an Ask Me Anything (hereinafter the "AMA") event to answer questions about the service on the 21st day through the official discord channel of BirdieShot. Through the AMA event that lasted for about an hour, users gratified their curiosities about the benefits for BirdieShot NFT holders and tokenomics.
BirdieShot is a blockchain game version of Friends Shot: Golf for All that is in-service in the country. It is a casual golf game where users create their own golf teams and match with various players in golf courses across the world. Users can earn game money CON by winning a match against others and exchange it with tokens on BORA PORTAL for profits and have fun of Enjoy & Earn by growing and converting their characters into NFTs and trading them.
For details about the issuance of BirdieShot Country Club Membership NFT, visit the website of BirdieShot or check Drops Menu on BORA PORTAL.
# # #
- APPENDIX
*BORA PORTAL (URL): https://boraportal.com/
*Website of BIRDIE SHOT brand URL: https://birdieshot.io/
- Press release contacts
Deputy Head Lee Seung-min at METABORA, kelly.meta@metabora.io
Manager Ha Dong-wan at METABORA, allen.meta@metabora.io
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SOURCE BORANETWORK | https://www.wibw.com/prnewswire/2022/06/27/boranetwork-issue-country-club-membership-nft-birdieshot-bora-20-onboarding-project/ | 2022-06-27T00:06:09Z |
DOWNERS GROVE, Ill., July 5, 2022 /PRNewswire/ -- Dover (NYSE: DOV) announced today that it has completed the previously announced acquisition of Malema Engineering Corporation ("Malema"), which will become part of the PSG business unit within Dover's Pumps & Process Solutions segment.
About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
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SOURCE Dover | https://www.wibw.com/prnewswire/2022/07/05/dover-completes-acquisition-malema-engineering-corporation/ | 2022-07-05T20:45:48Z |
Quintana gets first win since 2019, Pirates down Dodgers 5-1
By JOHN PERROTTO
Associated Press
PITTSBURGH (AP) — Jose Quintana pitched six scoreless innings for his first win since 2019 and the first victory by a Pittsburgh starting pitcher this season as the Pirates beat the Los Angeles Dodgers 5-1. The Pirates also ended a 16-game losing streak against the Dodgers dating to 2018 and snapped Los Angeles’ six-game winning streak. Quintana allowed four hits and four walks while striking out five. His previous win came on Sept. 5, 2019 at Milwaukee while pitching for the Chicago Cubs. The veteran left-hander has been plagued by injuries and ineffectiveness in recent seasons, going 20 starts and 42 appearances between victories. | https://localnews8.com/sports/ap-national-sports/2022/05/09/quintana-gets-first-win-since-2019-pirates-down-dodgers-5-1/ | 2022-05-10T02:13:37Z |
The WNBA playoff race is still very much undecided with just two weeks left in the regular season.
Five teams have clinched postseason berths with only three games separating Chicago, Las Vegas and Connecticut at the top of the standings. Seattle and Washington also have earned berths in the postseason and are tied for fourth and fifth spots.
Under the new playoff format those two teams, right now would meet in a first-round, best-of-three series. The first two games of each first-round series will be played on the higher seeds court. If a third game is necessary, it will take place at the lower seed.
There are still six teams vying for the final three spots, setting up an exciting finish to the regular season. Each of the six teams has at least one game remaining against the others in this group.
Los Angeles is currently holding onto the final playoff spot.
“It’s exciting for all the teams involved, especially ourselves. Got to play it one possession at a time. For us, if we can pull two of the next three out we’ll be in a good spot,” Sparks interim coach Fred Williams said. “When taking over this team, wanted to keep us in position towards the end of the season to have the last five or six games where we have a playoff opportunity.”
Minnesota has been playing the best of the teams battling for the final postseason berths, winning two pivotal road games last week. The Lynx moved up four spots to seventh in the AP WNBA power poll this week.
This week’s WNBA poll:
1. Chicago (23-7): The Sky got Courtney Vandersloot back in the lineup but lost Candace Parker to a non-COVID illness. They have a four-game homestand before finishing the season on the road, including a matchup against the team chasing them — Las Vegas.
2. Las Vegas (22-8): The Aces have three games left — all on the road. The trip will crisscross the country with games in Washington, Dallas and Seattle.
3. Connecticut (20-10): The Sun have two losses since the All-Star break, those setbacks were against Las Vegas and Chicago. They have two games this week: home against Phoenix and at Chicago.
4. Seattle (19-12): The Storm return home after a three-game eastern trip that saw them earn the tiebreaker against the Mystics if the teams finish the regular season with the same record.
5. Washington (19-12): Elena Delle Donne played in back-to-back games for the Mystics over the weekend. It was a great sign going forward for coach Mike Thibault’s squad. She has been taking games off during the season to rest her back that caused her to miss most of the last two seasons.
6. Dallas (13-16): Teaira McCowan has been a force the last couple of games, going 15-for-22 from the field and averaging 20.5 points and 12.5 rebounds. She needs to maintain that momentum with pivotal games against Chicago and Las Vegas this week.
7. Minnesota (12-19): Road wins at Atlanta and Los Angeles last week kept alive the Lynx’s playoff hopes. They had dropped four of five before those victories.
8. Phoenix (13-17): Sophie Cunningham has been a solid third scoring option for the Mercury to complement Diana Taurasi and Skylar Diggins-Smith.
9. New York (11-18): The Liberty have all seven games left against the teams they are chasing for the final playoff spots.
10. Atlanta (12-18): The Dream have lost four straight and have two more games at home this week to try and end the skid and stay in the playoff hunt. Atlanta lost AD Durr for the season because of a hip injury that will require surgery.
11. Los Angeles (12-17): A four-game eastern trip will go a long way to determining whether the Sparks are a playoff contender or not.
12. Indiana (5-27): The Fever have a 14-game losing streak and guard Kelsey Mitchell is done for the season with a plantar fascia tear in her left foot.
PLAYER OF THE WEEK
Courtney Vandersloot of Chicago was voted the AP Player of the Week. She averaged 19.5 points, 10.5 assists and 7 rebounds to help the Sky win both of their games. Elena Delle Donne of Washington, Kahleah Copper of Chicago, Sylvia Fowles of Minnesota and Kelsey Plum of Las Vegas also received votes.
SECONDARY COURT
The New York Liberty unveiled a new secondary court in collaboration with Xbox. It’s the first-ever gaming inspired basketball court. The court is also the WNBA’s first secondary court among current teams.
GAME OF THE WEEK
Las Vegas at Seattle, Sunday. Sue Bird’s final home game in the regular season will have potential playoff positioning ramifications as the Storm are currently fourth, tied with Washington. The Aces trail Chicago by one game for the league’s best record.
___
More AP women’s basketball: https://apnews.com/hub/womens-basketball and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/wnba-playoff-picture-still-muddled-2-weeks-left-in-season/ | 2022-08-03T14:46:24Z |
Which Oster blender is best?
If you’re considering purchasing a new blender for your kitchen, choosing the right brand and model isn’t always clear-cut. Oster blenders are reasonably priced and feature a plethora of convenient controls and presets so you can make the perfect smoothie, soup, sauce or any other delicious recipe you can concoct.
With plenty of Oster blender models to choose from, you should consider the type of food or drinks you’ll be blending most often and find a model with compatible settings. The Oster VERSA Pro Performance is excellent for amateur and professional chefs, featuring various speed settings.
What to know before you buy an Oster blender
Intended usage
Before purchasing a new blender, consider how it will be used. If you’re looking for a product that can chop, mince or grind more complex foods, a food processor may be more in line with your needs. However, if blending smoothies and soups or creating tasty purées is right up your alley, a handy blender is the way to go.
Power
Every Oster blender will feature a power rating, which is measured in wattage. The higher the wattage, the more powerful the blender’s motor will be, giving the blades more speed and allowing them to crush harder items. The wattage of most Oster blenders will fall somewhere between 300-1,400 watts.
Capacity
If you plan to blend just enough ingredients for one or two people, you likely won’t require a blender with a large capacity jug. However, if you’ll be using your blender to make smoothies or food for friends, for family or parties, investing in a model with a larger capacity will ultimately be worth it. You can find large Oster blenders that feature 48-64 ounce jugs, which will save you time when blending large quantities of food or drinks.
What to look for in a quality Oster blender
Easy to clean
Seeing as most blenders can go in a dishwasher, you won’t have any trouble cleaning the jug or blades. If you plan on handwashing your blender, you may want to choose a model that doesn’t feature a narrow opening, which would prevent you from thoroughly cleaning the interior.
Blend settings
The best Oster blenders will have multiple speed settings, ranging from low to high. Lower speed settings are ideal for making purées or for gently blending soft ingredients. Higher speed settings can be used to crush frozen fruit and ice or to create a smooth consistency.
Another unique aspect of Oster blenders is that all pre-programmed settings will feature specific recipe names, such as milkshake, smoothie, salsa, etc., rather than undefined numbers that will leave you guessing at speeds for recipes.
Pulse feature
Choosing an Oster blender with a pulse feature will give you more precise control over the desired consistency of whatever it is you’re making. Using the pulse button, you can run the blender at high speeds for a short amount of time to achieve the perfect texture.
Ice crushing ability
The best blenders will include an ice-crushing setting. Blenders that sport this feature tend to have thicker and stronger blades capable of breaking down hard chunks of ice or frozen foods. For less powerful blenders without an ice-crushing setting, breaking up any ice beforehand can help prevent blade damage or dulling.
Tamper
Not all Oster blenders will come equipped with a tamper accessory. Still, those that do will allow you to conveniently press down all of your ingredients without having to open the lid, ensuring that everything is evenly mixed.
How much you can expect to spend on an Oster blender
For anyone on a budget, you can find small personal Oster blenders that cost between $15-$60. Expensive models can run as high as $200, but most will fall in the $60-$120 price range.
Oster blender FAQ
Can I clean my blender with soap and water?
A. Yes. An easy way to clean the interior of your blender is to mix warm water with a couple of drops of dish detergent and then run the blender on a low speed for up to 15 seconds. This will help clean both the jug and blades without requiring any scrubbing or soaking.
Do all blenders come with a warranty?
A. Warranties for Oster blenders differ according to the model you choose. Some will feature 1-year limited warranties, while others will have 3-year satisfaction guarantees. Always check the warranty on your model beforehand to learn what type of coverage is offered.
What’s the best Oster blender to buy?
Top Oster blender
What you need to know: The VERSA Pro is a high-quality blender made for all types of kitchens and blending needs.
What you’ll love: The 1,400-watt motor gives this blender excellent power, and the large-capacity jug makes it easy to serve multiple people. Comes with two cookbooks for recipe inspiration.
What you should consider: This model is more expensive than other Oster blenders.
Where to buy: Sold by Amazon
Top Oster blender for the money
What you need to know: As a budget-friendly option, this blender still has a lot of power.
What you’ll love: With the ability to crush ice, the 700-watt blender gives you five speed settings to choose between.
What you should consider: This might not be the best blender for people looking to blend hard foods regularly.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: The Oster Pro 500 is a stylish, high-power blender at an affordable price.
What you’ll love: Featuring two pulse settings, dual-directional-blade technology and 900 watts of power, this brushed-nickel blender is up for any job.
What you should consider: Though not common, some users have reported faulty models.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/kitchen-br/blenders-food-processors-br/best-oster-blender/ | 2022-07-11T23:14:51Z |
PENSACOLA, Fla., May 11, 2022 /PRNewswire/ -- Veteran HR consultant Terry Enlow has joined hrQ as Vice President and Managing Director for the firm's Pacific Northwest expansion.
Enlow has more than three decades of experience in leadership roles. A regional manager at Helzberg Diamonds for 15 years, he also held management positions at Zales, Randstad and Wells Fargo before spending nearly nine years with global organizational consulting firm Korn Ferry. He comes to hrQ from an HR firm where he served as the area director for Northern California and the Pacific Northwest.
As VP and Managing Director at hrQ, Enlow will establish and grow the hrQ brand in the Pacific Northwest by deeply integrating into the market's HR and broader business community and developing a reputation as the human capital and talent thought leader.
"I have followed hrQ for a while and have a great deal of respect for their range of solutions, thought leadership and level of client satisfaction," Enlow said. "I am dedicated to helping organizations execute their business strategy through the activation of their talent. One of my passions is making the future of work, work for everyone."
The Pacific Northwest will be the 10th U.S. market for hrQ, which offers consulting, executive search and interim recruiting services nationwide.
Enlow holds undergraduate and graduate degrees in organizational development from Concordia University in St. Paul, Minn.
More About hrQ
hrQ, a LandrumHR company, works with organizations to simplify their people equation. Focused on strategic human capital consulting, interim resourcing and search, hrQ helps clients deliver their people strategy. With a presence throughout the U.S., hrQ has been recognized eight times since 2007 as a Fastest Growing Privately Held Company by Inc. 5000. Visit www.hrqinc.com for more information.
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SOURCE hrQ | https://www.kxii.com/prnewswire/2022/05/11/hrq-taps-terry-enlow-lead-pacific-northwest-market/ | 2022-05-11T19:19:27Z |
'One FaceTime changed everything': Jackson basketball player Lauren Pallotta picks Dayton
It was another summer day on the road. Another AAU event to play in. Another group of scouts and coaches to impress.
Then one impromptu Twitter request and subsequent FaceTime call from University of Dayton women's basketball coach Tamika Williams-Jeter changed everything for Jackson senior girls basketball standout Lauren Pallotta.
"It was a surprising moment," Pallotta said. "We were driving to visit another campus when I got a notification on Twitter from the University of Dayton coach asking if she could FaceTime me. I accepted and we talked and she ended up making me an official offer right in the car over FaceTime. It was surreal."
Pallotta and her family made an unofficial visit to the University of Dayton campus the next day. Pallotta's experience solidified that the Flyers were going to be the right fit for her.
"I talked to the coaching staff and it just felt like the start of a great relationship," Pallotta said. "They were all high energy and positive. They talked to me and I was surprised at how much potential they saw in me. They really made me feel wanted. They have great facilities, a great atmosphere and a lot of great people. It was the perfect fit for me."
The entire recruitment from start to finish lasted about a week. It was a dream ending to a recruiting saga that looked as if it was going to drag into Pallotta's senior year.
"I always wanted to have the decision made before my senior year but I was not sure if that was going to happen," Pallotta said. "It just felt like the schools I was talking with weren't the right fit or didn't truly want me. Accepting that one FaceTime changed everything. I can't believe it happened that way. It was everything I wanted."
It was the dream ending to what has been an incredible year for Pallotta. She averaged 13.9 points, six rebounds and 2.8 assists per game as a in junior in helping Jackson reach the Division I state semifinals. It was Pallotta's first season back after suffering a serious knee injury that sidelined her for her sophomore year.
"We couldn't be prouder of her," Jackson head coach Anthony Butch said. "She worked her butt off in the gym to earn the opportunity to play at the next level. I think she is going to do great things at Dayton."
Pallotta is the second Jackson player to choose a Division I college for basketball this offseason. Teammate Leena Patibandla committed to the University of Wisconsin. The pair gives Jackson much to be excited about for the upcoming girls high school basketball season.
"I know this was not an easy decision for her and that having the recruitment process taken care of eases her mind a great deal," Butch said. "She really wanted to focus on her senior year and just playing basketball."
There was a small chance that it was a basketball career that wouldn't continue past high school. Pallotta also excelled for the Jackson girls lacrosse team this year and helped the Polar Bears reach the state semifinals this past spring in that sport as well. One offer made her consider playing lacrosse.
"I actually had an offer from Ohio State for lacrosse," Pallotta said. "I always wanted to play college basketball growing up. Basketball is my passion. Having an offer from Ohio State made things more difficult for me, though. I had to consider it because I love that school. The experience with Dayton really solidified my decision to play college basketball, though. It's the perfect fit."
Reach Cliff at cliff.hickman@cantonrep.com
On Twitter: @chickmanREP | https://www.cantonrep.com/story/sports/high-school/basketball/2022/08/26/university-dayton-flyers-womens-basketball-recruiting-ohio-lauren-pallotta/65419135007/ | 2022-08-26T10:35:41Z |
Increasing Service Capabilities for Rail Shippers Across the Country
JACKSONVILLE, Fla., Sept. 14, 2022 /PRNewswire/ -- Patriot Rail Company LLC today completed the acquisition from BRX Transportation Holdings of Denver-based Pioneer Lines, Inc., a railroad holding company including 15 short line railroads. The transaction closed following regulatory authorization.
The acquisition advances Patriot Rail's growth strategy, increasing the Jacksonville, Florida, company's short line operations from 16 to 31 railroads. Patriot now serves customers with operations in 23 states.
"We are pleased to bring Pioneer Lines railroads into Patriot Rail," said John E. Fenton, Patriot Rail's chief executive officer. "Doubling our footprint across the U.S. furthers our commitment to exceed customer expectations as a best-in-class rail partner. Patriot Rail takes great pride in delivering value to our customers with safety always as our core foundation, and our expansion will drive deeper commercial and logistics relationships."
"Patriot Rail's accelerating growth opens more opportunities for innovative and sustainable freight transport solutions," said John Ma, Patriot board member and co-head of North America for Igneo Infrastructure Partners, Patriot's majority investor. "Igneo continues to see strong potential for long-term returns through our investment in the Patriot Rail platform."
Patriot Rail board chair Deb Butler added, "Patriot Rail has the growth mindset and financial capacity to invest in profitable initiatives benefitting rail shippers and our long-term investors. We welcome our new Patriot team members to our employee-first leadership culture, and the future is bright for the customers, stakeholders, and communities we serve."
About Patriot Rail
Patriot Rail operates 31 regional and freight short line railroads, a scenic rail excursion train, and rail-related services companies with operations in 23 states. Service capabilities include railcar storage, contract switching, transloading, railcar cleaning, engineering services, excursion railroads, real estate, and track access. Patriot Rail is also a direct partner in providing railcar repair and maintenance, railcar dismantling, and environmental services including centralized wastewater treatment. For more information, visit patriotrail.com.
About Igneo Infrastructure Partners
Igneo Infrastructure Partners is an autonomous investment team in the First Sentier Investors Group. It invests in high-quality, mature, mid-market infrastructure companies in the utilities and transport sectors in the UK, Europe, North America, Australia and New Zealand. Operating since 1994, the team works closely with portfolio companies to create long-term sustainable value through innovation and proactive asset management. Igneo manages more than US$15 billion in assets as of June 30, 2022 on behalf of more than 120 institutional investors around the world. For more information, visit igneoip.com.
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SOURCE Patriot Rail | https://www.wibw.com/prnewswire/2022/09/14/patriot-rail-completes-acquisition-pioneer-lines/ | 2022-09-14T16:32:16Z |
Pet owners told to beware coyotes during pupping season
By John Ramos
Click here for updates on this story
SAN FRANCISCO (KPIX) — In San Francisco, a pair of coyote attacks on small dogs has raised an alert for pet owners and a warning that the wild animals are losing their fear of man.
Signs are up and the footpaths are closed in Corona Heights Park in San Francisco. It’s coyote pupping season and, in San Francisco, coyotes are not only tolerated, they’re given a safe place to breed.
“I was surprised that there was an area here with an active coyote den in the first place,” said Judy Shon from Sunnyvale, who was visiting the park with a friend. “That’s pretty interesting in the middle of a city.”
“I’m glad that San Francisco still has wildlife,” said resident David Zandman. “I hope that humans and wildlife can live in peace and not attack each other. I’m glad that S.F. allows them to, kind of, do their thing and keep residents safe at the same time.”
That is the sentiment of a lot of San Franciscans: live and let live. But that’s not always how nature works.
The coyotes are predators, always on the hunt for food and, as they lose their fear of man, they have become bolder in killing small pets. Twice in one week, small dogs were snatched right in front of their owners who had momentarily let them off leash. One of the incidents occurred at the corner of 14th and Castro, a half mile from the park. On Sunday morning, Bobby DeBernardo and his little dog Joanne were chased back into their house by a coyote.
“It noticed us and then it crossed the street, no problem, and started getting closer. So we ran back inside,” he said. “Yeah, it saw us and came to us. It’s not the first time.”
Signs are posted around the park warning dog walkers to keep their pets on a leash and advising that small dogs be picked up and removed from the area. There are also many reminders not to feed the coyotes, a practice which makes them more comfortable around humans.
Andrew Davies snapped a photo of one of a pair of coyotes that were eyeing him and his dog Rufus but he said that’s something he’s willing to live with.
“Yeah, of course there’s a balance that needs to be kept but I just believe that every creature has at least as much right to be here as I do and I wouldn’t dream of culling them or anything like that,” he said.
DeBernardo wonders if the city’s hands-off policy for coyotes is coming at the expense of those who suffer the devastation of losing a beloved member of the family.
“I think it’s gone a little too far — the compassion — when they are stealing dogs and cats and pets,” he said. “I don’t think that people without dogs realize what they mean to us.”
No one from S.F. Animal Care and Control would go on camera Sunday but they responded by e-mail, saying:
“Coyotes have become a fact of life all across the country. There is no easy solution to controlling them.”
They also pointed out that the animals are protected by state law and only the Department of Fish and Wildlife can remove or relocate one.
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/2022/05/02/pet-owners-told-to-beware-coyotes-during-pupping-season/ | 2022-05-02T17:56:21Z |
The acquisition will allow FTX US to provide whitelabel brokerage services to other businesses, apps, and FTX Stocks' users alike
CHICAGO, June 21, 2022 /PRNewswire/ -- West Realm Shires Inc. ("FTX US" or "the Company") today announced the acquisition of Embed Financial Technologies Inc., including its wholly-owned subsidiary Embed Clearing LLC ("Embed"), a new FINRA, DTC, NSCC, Nasdaq, and IEX member clearing firm. Embed specializes in providing whitelabel brokerage services and APIs to broker-dealers and registered investment advisors. The acquisition is anticipated to close, pending satisfaction of customary closing conditions and regulatory approval. The price of the acquisition will not be disclosed.
FTX US President, Brett Harrison, commented on today's news, "As I mentioned when we launched FTX Stocks, our new equities and ETF trading platform, our goal at FTX is to provide a comprehensive trading application that spans all asset classes. For equities and options trading this necessarily includes services such as clearing and custody, and our partnership with Embed showed us that they have built excellent technology and infrastructure to provide these services. We're looking forward to working together to integrate both our teams and our technology as we continue to build FTX Stocks."
The acquisition signals the Company's intention to expand the financial services it offers to US customers, and will enable it to route, execute, clear, and custody all customer equities and options accounts and trades through use of Embed's infrastructure and licensure. In addition, Embed and FTX US share a common goal to provide whitelabel brokerage services to other businesses, applications, and customers.
Founder & CEO of Embed, Michael Giles, concluded, "When we originally began working with the FTX US team as their clearing partner, we soon realized how similar our respective cultures were. Our teams have a shared vision and dedication to building from the ground up to democratize access to financial services, and Embed's latest securities technology is the ideal complimentary to FTX's leading crypto solutions. This combination enables the combined group to bring an industry-leading securities and crypto solution to market, which was previously sorely lacking, for the benefit of FTX US customers and exciting new B2B clients."
FTX Stocks is currently available for select customers in private beta and will be made available to all domestic customers of FTX US later this summer.
FTX US is a US-regulated cryptocurrency exchange, built from the ground up. Its mission is for FTX US to grow the digital currency ecosystem, offer US and international traders a platform that inspires their loyalty, and to become a market-leading US-regulated cryptocurrency exchange.
To learn more about FTX US, please visit: https://ftx.us/
Brokerage services offered by FTX US are provided by FTX Capital Markets LLC, which is an affiliated broker-dealer registered with the SEC and member FINRA/SIPC. Custody, execution and clearing services for securities are provided by Embed Clearing LLC, an independent registered broker-dealer and member FINRA/SIPC.
Media Contact
Jay Morakis
M Group Strategic Communications (on behalf of FTX US)
ftxus@mgroupsc.com
646-859-5951
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SOURCE FTX US | https://www.kxii.com/prnewswire/2022/06/21/ftx-us-acquires-clearing-firm-embed-enhance-ftx-stocks/ | 2022-06-21T13:55:11Z |
‘We forgot’: Several special education students left off graduation program
SAN FRANCISCO (KGO) - Several graduates at a California high school are devastated after they were left off the graduation ceremony program and are now having their diplomas delayed.
At least three of the six students were in special education classes, and some say they feel discriminated against.
June 9 was a day high school seniors were looking forward to, including Joseph Sanchez Munoz, Jesse Haro Belmontes and Mario Juarez.
However, their excitement quickly shifted after realizing their names were not part of the graduation program for the class of 2022.
“I felt left out,” Joseph Sanchez Munoz said.
“Discriminated,” Jesse Haro Belmontes said.
The Munoz family said seeing Joseph’s name on the program with the rest of the high school was a milestone they never thought he would accomplish.
He was born with special needs and is a cancer survivor with liver and kidney transplants. His mom says he’s a miracle.
“I live day by day with him. I never know if one of his organs is going to fail and he’s going to die, and now I’m going to have this memory. They shattered this beautiful memory for us,” Elena Munoz said.
For Mario Juarez, walking in graduation was a moment of pride, but his siblings not finding him on the list was hurtful. According to his mother, he was the first of his siblings to graduate high school.
The parents went up to the San Leandro High School principal to question why several special education students were excluded from the program.
“He [the principal] told me they treat all the kids the same, but that’s not true,” Yesenia Belmontes said.
The Munoz family said they learned from the school that the student’s diplomas would also be delayed.
“I said, ‘We are here to pick up the certificates,’ and she looked at us and said, ‘Oh, we forgot to order the certificates,’” Elena Munoz said.
The school gave the students programs with their names and released the following in a statement:
“We are profoundly sorry that this omission occurred, and we are conducting a full review of our graduation processes to ensure that a critical error like this does not occur again in the future.”
The school’s principal also said the student’s diplomas would be hand-delivered, but some parents said they had already missed out.
“I really hope this will not happen to anybody else,” Elena Munoz said.
Copyright 2022 KGO via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/15/we-forgot-several-special-education-students-left-off-graduation-program/ | 2022-06-15T22:53:50Z |
NEW YORK , June 8, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Lilium N.V. f/k/a Qell Acquisition Corp. ("Lilium" or the "Company") (NASDAQ: LILM) (NASDAQ: QELL). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Lilium and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On March 14, 2022, Iceberg Research published a short report entitled "Lilium NV – The Losing Horse in the eVTOL [electric vertical take-off and landing aircraft] Race" (the "Iceberg Report"). The Iceberg Report asserted, among other issues, that "[m]any experts have raised serious doubts about" the viability of the Company's Lilium Jet reaching its objective of "fly[ing] up to 155 miles[,]" citing "its configuration of 36 ducted fans (recently reduced to 30) that devour power during takeoff and landing (hovering), and leaves little power for actual flight." The Iceberg Report also noted that while "Lilium promises its Jet has ready access to battery cells with energy density of 320-330 Wh/kg[,]" "[o]ne of the sources it relies on to show these batteries are within reach is . . . a 34.8% Lilium-owned associated company whose CEO Sujeet Kumar was accused by General Motors of misrepresenting battery performance, while at his previous company Envia Systems." The Iceberg Report further noted that Lilium's Chief Executive Officer "had no meaningful professional aerospace experience before starting Lilium in 2015" and "estimate[d] that Lilium has about 18 months before its cash runs dry."
On this news, Lilium's stock price fell $1.25 per share, or 33.88%, to close at $2.44 per share on March 14, 2022.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris 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, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm 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.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/06/09/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-lilium-nv-fka-qell-acquisition-corp-lilm-qell/ | 2022-06-09T03:23:07Z |
Recent Cars.com Surveys Conclude: In Current Seller's Market, Most Vehicle Trade-In Payouts Exceed Expectations by Thousands of Dollars for Consumers
CHICAGO, May 16, 2022 /PRNewswire/ -- Cars.com™ (NYSE: CARS), the car-shopping marketplace, today released findings from a survey of consumers and auto dealers regarding rising vehicle resale values amid ongoing inventory challenges. An overwhelming 99% of surveyed dealers said they are paying more for trade-ins now than two years ago; almost 60% estimate an increased payout between 11% and 20%, and more than 1 in 3 dealers report paying over 20% more than two years ago.1
Consumer experiences support the dealer findings. Among those surveyed who traded in a vehicle in the last year, approximately two-thirds received a higher offer than expected. Sixty-three percent of consumers cited above-expectation values for mass-market models and 59% for luxury brands.2
What the Data Says
According to wholesale data from Accu-Trade, a Cars.com Inc. company, consumers can gain the highest resale value on vehicles that are electric or hybrid, best sellers in the market, from desirable manufacturers, sporty cars just in time for summer and, interestingly, full-size vans. Some of the most valuable used vehicles for resale right now include the 2018-21 model years of the following vehicles³:
Consumers looking to maximize the return on their current vehicle in this profitable market can sell safely to other individuals for free on Cars.com/sell or use its industry-leading marketplace to connect with and sell directly to nearly 20,000 dealers across the country. Consumers should check with their local dealership to find out which vehicles are most valuable in their local market.
"The ongoing inventory shortage has caused a broad ripple effect in market conditions. As new vehicles became more elusive, shoppers pivoted to the used-car market, pushing used-car prices up 37% in the first quarter," said Jenni Newman, Cars.com editor-in-chief. "Eager for quality inventory, dealers are making lucrative offers for popular vehicles maintained in good condition with low mileage. I sold one of my family's extra cars to our local dealership just as used-car prices were increasing, making 50% more on its sale than I would have before the pandemic. Today, I'm considering selling our second family car to capitalize on the high used-car prices."
Through its acquisition of Accu-Trade, CARS will continue adding features that facilitate fast and easy online consumer-to-consumer and consumer-to-dealer car sales, including instant offer capabilities in the near future. The tools create a seamless, trustworthy and digital experience for private sellers to safely trade in their vehicles to local dealerships.
Cars.com has a decades-long history of providing robust educational resources for car shopping consumers, including guidance on the pros and cons of private sale, dealer sale and dealer trade-in. For more information about selling or trading in a vehicle, visit Cars.com/sell.
1Cars.com dealer panel survey, April 18, 2022, 163 responses
2Cars.com consumer survey, April 11-14, 2022, 2,974 responses
³Accu-Trade internal data, April vs. March 2022
ABOUT CARS.COM
CARS is the leading automotive marketplace platform that provides a robust set of digital solutions that connect car shoppers with sellers. Launched in 1998 with the flagship marketplace Cars.com and headquartered in Chicago, the Company empowers shoppers with the data, resources and digital tools needed to make informed buying decisions and seamlessly connect with automotive retailers. In a rapidly changing market, CARS enables dealerships and OEMs with innovative technical solutions and data-driven intelligence to better reach and influence ready-to-buy shoppers, increase inventory turn and gain market share.
In addition to Cars.com, CARS brands include Dealer Inspire, a technology provider building solutions that future-proof dealerships with more efficient operations and connected digital experiences; FUEL, which gives dealers and OEMs the opportunity to harness the untapped power of digital video by leveraging Cars.com's pure audience of in-market car shoppers; DealerRater, a leading car dealer review and reputation management platform; automotive fintech platform CreditIQ and Accu-Trade a vehicle valuation and appraisal technology.
The full suite of CARS properties includes Cars.com™, Dealer Inspire®, FUEL™, DealerRater®, CreditIQ™, Accu-Trade.com™, Auto.com™, PickupTrucks.com™ and NewCars.com®. For more information, visit www.Cars.com.
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SOURCE Cars.com Inc. | https://www.mysuncoast.com/prnewswire/2022/05/16/ongoing-inventory-challenges-create-prime-opportunity-maximize-used-cars-resale-value/ | 2022-05-16T12:51:09Z |
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Attention Co-Diagnostics, Inc. ("Co-Dx") (NASDAQ: CODX) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of a class of all persons and entities who purchased the publicly traded securities of Co-Dx during the period of May 12, 2022 through the close of the market on August 11, 2022 (4:00 p.m. ET).
If you suffered a loss on your investment in Co-Dx, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Co-Dx includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) demand for the Company's Logix Smart™ COVID-19 test had plummeted throughout the quarter ended June 30, 2022, and (ii) as a result, defendants' positive statements about the demand for its Logix Smart™ COVID-19 test lacked a reasonable basis.
DEADLINE: October 17, 2022
Aggrieved Co-Dx investors only have until October 17, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.kxii.com/prnewswire/2022/09/12/class-action-alert-law-offices-vincent-wong-remind-co-dx-investors-lead-plaintiff-deadline-october-17-2022/ | 2022-09-12T10:41:32Z |
CTS provides global video management and D2C publishing across WRC motorsport properties, and for upcoming launch of 24/7 Rally TV channel
DENVER, Sept. 7, 2022 /PRNewswire/ -- Comcast Technology Solutions, a division of Comcast Cable that provides media and entertainment technology to content providers, operators, and advertisers, announced today that its Cloud Video Platform is being deployed as the new unified back-end platform by WRC Promoter GmbH to support FIA World Rally Championship (WRC), FIA European Rally Championship (ERC), FIA World Rallycross Championship (World RX), and FIA European Rallycross Championship (Euro RX). In addition, Comcast Technology Solutions will power the forthcoming 24/7 Rally TV channel featuring all of the championships syndicated to global TV networks and OTT platforms, expected to launch next year.
WRC Promoter is jointly owned by Red Bull Media House and KW25 Beteiligungs GmbH. It is responsible for all commercial aspects of the FIA World Rally Championship, FIA World Rallycross Championship, and FIA European Rally Championship, including TV production, marketing, and global sponsorship rights. Together, these championships represent the preeminent multiday rally competitions in the world, governed by the FIA, with competitions driven on surfaces ranging from gravel and asphalt to snow and ice, in exciting destinations across the globe.
"As our sport grows, we remain committed to delivering the most comprehensive and engaging rally and rallycross experience for fans around the world," said Jona Siebel, managing director of WRC Promoter. "We selected Comcast Technology Solutions for its global expertise and market-proven scalability. Its centralized Cloud Video Platform will help us deliver a unified experience across devices and markets for WRC, ERC, World RX and Euro RX fans around the world. We look forward to working together today, and on future innovations like our 24/7 channel to syndicate FIA championships across TV networks and OTT platforms."
"WRC Promoter is a world-class organization, offering the highest-level of global rallying competition," said Bart Spriester, Vice President and General Manager of the Content and Streaming Providers Suite for Comcast Technology Solutions. "We are thrilled to provide a centralized backend system across WRC properties, and support for the forthcoming 24/7 TV channel, so that fans worldwide can enjoy all the rally content they want, via a seamless and exciting viewing experience, anywhere, anytime."
Specifically, WRC Promoter will use Comcast Technology Solutions' Cloud Video Platform to provide a comprehensive video management platform for centralized ingest, transcoding and processing of live and on-demand video; metadata management; content recommendations; content protection and rights enforcement; commerce and subscription management; content delivery; and playout across connected devices and apps.
To learn more about the entire CTSuite, including the Cloud Video Platform, visit: https://www.comcasttechnologysolutions.com/ctsuite. To experience FIA World Rally Championship (WRC), visit: https://www.wrc.com. For FIA World Rallycross Championship (World RX) and FIA European Rallycross Championship visit: https://www.fiaworldrallycross.com/world-rx/, and for FIA European Rally Championship (ERC), visit: https://www.fiaerc.com/erc/.
Comcast Technology Solutions offers a portfolio of technology solutions, the CTSuite, that provides the industry with the technology, scale and expertise to expand and navigate the rapidly-changing media and entertainment technology landscape. We invent technology that solves industry challenges, reimagines what is possible, and transforms businesses for an ever-changing world. Built on Comcast's know-how, proven facilities, scalable platforms, and infrastructure, Comcast Technology Solutions offers more than 20 years of reliable real-world broadcast and digital experience. We partner with customers to redefine expectations and deliver the future to global audiences. For more information, visit www.comcasttechnologysolutions.com.
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SOURCE Comcast Technology Solutions | https://www.wibw.com/prnewswire/2022/09/07/comcast-technology-solutions-selected-provide-centralized-video-platform-fia-rally-championships-by-wrc-promoter/ | 2022-09-07T04:21:47Z |
65 Members Are in the Process of Signing On to Participate in NCTC's First-Ever Unified National RFP Last-Mile Bidding Program
ORLANDO, Fla., July 25, 2022 /PRNewswire/ -- NCTC, the National Content & Technology Cooperative, today announced it is partnering with Connectbase to provide a fully automated, unified platform for its Connectivity Exchange, a new program that enables NCTC's independent member operators to compete for and win projects with national brands or largescale RFPs for last mile broadband network contracts. Sixty-five of NCTC's members have already shown interest and are actively involved in conversations to join the program. The Connectbase Connected World platform details and displays deep, trusted location-based insight to automate network buying and selling processes.
NCTC's more than 700 independent cable and broadband member operators cover many areas in the U.S. where other national communications service providers do not have a franchise or fiber network. With the enhanced platform, these members can advertise to the world where their networks and nodes are, creating revenue opportunities to service new markets. This new capability will also open doors for buyers who need broadband for last mile deployments, including those in rural areas and underserved locations requested in national bids, which will now be accessible for the first time.
From quote to order with unified billing and support, the platform leverages the power of Connectbase and its partner Neustar to provide real-time information and analytics, serving as a central, one-stop customer relationship management (CRM) solution for NCTC members and buyers, enabling seamless end-to-end management of wholesale sales efforts. To date, NCTC's members have already registered over six million locations with Connectbase, creating an aggregate network that is automatically surfaced to prospective wholesale network buyers.
NCTC members who use the Connectivity Exchange platform benefit from:
- Automated quoting and ordering processes for wholesale opportunities
- A single contract and invoice for all wholesale transactions
- The ability to participate in a platform that sees over 10 million unique quote requests per year
In addition to finding connectivity in hard-to-reach places, buyers who access the platform benefit from:
- Purchasing connectivity solutions from multiple providers from a single platform, under a single agreement
- Consolidating billing and trouble ticketing from many different providers
- Receiving automated accurate quotes in minutes, not days
"Our strategic partnership with Connectbase and Neustar not only gives independent broadband providers new levels of national visibility and marketability, but it will also make accessing the combined strength of our members completely seamless - in one automated interface," said NCTC's VP of Technology and Innovation, Jared Baumann. "Now, our members are more equipped to address critical gaps in the broadband market like no one else can. We've never been stronger together."
"The breadth and coverage area that NCTC's members can service is vast, and their commitments to quality, customer satisfaction and network performance are top tier," said Ben Edmond, CEO of Connectbase. "We are very excited to provide the platform for NCTC's Connectivity Exchange, which stands to fill a large, untapped need in the broadband market today."
The National Content & Technology Cooperative (NCTC) was founded as a not-for-profit with one mission: to help members competitively acquire the video programming and vital technologies needed to offer world class services that define their communities' infrastructure with vision, value and purpose. NCTC makes purchasing and implementation easy and affordable for its 700+ independent communications service providers who connect one third of all households and businesses throughout North America and U.S. territories. Going beyond significant cost savings, the organization helps members unlock new revenue through emerging technologies, best practices and new ideas ensuring the profitability, competitive stature and long-term sustainability of its member companies. For nearly 40 years, NCTC has been actively engaged in helping network providers and suppliers evolve their business models to deploy new video/data solutions to match the changes in the media landscape. For more information, visit: www.nctconline.org
Connectbase is The Industry Cloud for Connectivity. The Connected World platform details and displays deep, trusted location-based insight and empowers users to leverage that insight to automate network buying and selling processes. Visit Connectbase at www.connectbase.com
Contacts:
Pam Gillies
NCTC
pgillies@nctconline.org
(720) 594-8085
Jaymie Scotto & Associates (JSA)
jsa_connectbase@jsa.net
(866) 695-3629 ext. 19
Robert Brownlie
Bob Gold & Associates
robert@bobgoldpr.com
(310) 320-2010
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SOURCE NCTC | https://www.kxii.com/prnewswire/2022/07/25/connectbase-power-nctcs-connectivity-exchange-platform/ | 2022-07-25T14:32:15Z |
MONACO (AP) — Lewis Hamilton can still race with his jewelry intact. The bigger problem for the Mercedes star Friday: The rough and tumble track at the Monaco Grand Prix.
“It feels like my eyeballs are coming out of their sockets,” Hamilton said after a pair of practice sessions around Monaco’s downtown streets.
“There’s like 100 bumps on one straight. It’s the bumpiest roller-coaster ride ever.”
At least he got to drive.
Hamilton has been at odds with Formula One’s governing body since the FIA ruled drivers cannot compete while wearing jewelry. The seven-time F1 champion has complained he has piercings that can only be surgically removed, so the FIA granted him a waiver that gave him until Monaco to remove all his studs.
But he arrived in Monaco with a nose piercing still visible, and the FIA has since extended the waiver through the end of June.
“It definitely is positive that we’re working with (the FIA) and I think they’re accommodating (us),” Hamilton said.
But the mood soon soured once practice began and the new Mercedes for 2022 bounced all over the circuit. The car has been troublesome since its debut and has experienced an aerodynamic issue called “porpoising” in which it hops around on the track.
“Man it’s so bouncy here, I’m losing my (expletive) mind,” Hamilton radioed the Mercedes camp. “Need elbow pads in this cockpit. Bouncing like mad.”
Hamilton has won three times at Monaco but this weekend is dealing with one of F1’s crown jewel venues like never before.
“It’s just fighting the car, to put a lap together is ‘Wow, holy crap,’” he said. “I don’t remember experiencing it like that.”
The Mercedes duo of newcomer George Russell and Hamilton were eighth and 10th in Friday’s first practice, while Russell was sixth and Hamilton 12th — and a whopping 1.61-seconds behind Charles Leclerc. The Ferrari driver led both practices.
Mercedes had arrived in Monaco full of hope following promising results last weekend at the Spanish Grand Prix, and after Friday’s first practice, Russell remained optimistic.
“I think we’ve definitely turned a corner,” Russell said after first practice. “We can get cracking now and that’s pretty inspiring.”
Russell’s tune had changed after second practice.
“The car’s just constantly smashing all over the floor. There’s sections where both tires are off the ground,” Russell said. “At some points you’re almost doing a Wheelie.”
Mercedes has been working nonstop to get its new car up to speed and Hamilton is on the verge of stretching his winless streak to eight consecutive races dating to last season’s finale. It would equal his longest drought with Mercedes, set between the end of the 2015 season and the start of 2016.
There was nothing new at the top of the speed chart on Friday with Ferrari and Red Bull once again dominating, but the Red Bull camp is settled following team orders that cost Sergio Perez a win in Barcelona.
Red Bull ordered Perez to surrender the lead to teammate Max Verstappen, who won his third consecutive race and fourth overall to take the F1 points lead from Leclerc. Perez found the call “unfair” but said Friday in Monaco the team had discussed the order.
“We spoke after the race. It’s all clear, and we all agree that we could have done a better job,” Perez said. “We are on the same page and we move on. It’s a great atmosphere at Red Bull and we have great momentum.”
Perez, who has already started talks with Red Bull on a contract extension, said he’s received assurances that he will be permitted to race for wins.
“It’s very clear,” he said. “Otherwise I wouldn’t be here.”
The struggles continued for McLaren star Daniel Ricciardo. The Australian with the beaming smile and eight wins was once Verstappen’s rival at Red Bull and even won at Monaco in 2018.
Ricciardo mangled his McLaren early in the second practice coming out of the swimming pool chicane. He crashed into the metal barriers to bring out the red flag and McLaren boss Zak Brown was watching it all on his cellphone during a news conference at the Indianapolis 500.
“I’ve spoken with Daniel about it, we’re not getting the results that we both hoped for,” Brown said from Indianapolis. “We also need to continue to develop our race car. It’s not capable of winning races. But we’d like to see him further up the grid.”
Ricciardo earlier Friday said the message had been delivered by McLaren.
“Well, it’s not false. It’s pretty true. Comments like that, I don’t take personally. My skin is tanned, beautiful, and also thick,” he said. “No one’s going to be harder on me than myself. I know that I don’t want to be racing around in 10th, 12th places.
“I still believe I can be at the front, and belong at the front. We’re working together hard at it. And the team wants it, I want it and we’re just working through it.”
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/eye-popping-day-for-hamilton-at-monaco-gp-as-leclerc-cruises/ | 2022-05-27T22:32:08Z |
EXPLAINER: What Twitter’s ‘poison pill’ is supposed to do
By MICHAEL LIEDTKE
AP Technology Writer
Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” — a financial device that companies have been wielding against unwelcome suitors for decades. Ingredients of each poison pill vary, but they are all designed to give corporate boards an option to flood the market with so much newly created stock that a takeover becomes prohibitively expensive. Although they’re supposed to help prevent unsolicited takeovers, poison pills also often open the door to further negotiations that force a bidder to sweeten the deal. Adopting a poison pill also often provokes lawsuits. | https://localnews8.com/news/ap-national-business/2022/04/18/explainer-what-twitters-poison-pill-is-supposed-to-do-2/ | 2022-04-18T20:02:53Z |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
VMware, Inc. (NYSE: VMW)'s sale to Broadcom Inc. Under the terms of the merger, VMware shareholders may elect to receive either $142.50 in cash or 0.2520 shares of Broadcom common stock for each share of VMware they own. The shareholder election is subject to proration. If you are a VMware shareholder, click here to learn more about your rights and options.
Zendesk, Inc. (NYSE: ZEN)'s sale to Permira and Hellman & Friedman LLC for $77.50 per share. If you are a Zendesk shareholder, click here to learn more about your rights and options.
VAALCO Energy, Inc. (NYSE: EGY)'s merger with TransGlobe Energy Corporation. Under the terms of the merger, VAALCO will acquire each TransGlobe share for 0.6727 of a VAALCO share of common stock. If you are a VAALCO shareholder, click here to learn more about your rights and options.
The First Bancshares, Inc. (NASDAQ: FBMS)'s merger with Heritage Southeast Bancorporation, Inc. Subject to the terms of the definitive merger agreement, Heritage shareholders would receive 0.965 shares of First Bancshares common stock for each share of Heritage common stock upon the closing of the transaction. If you are a First Bancshares shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.mysuncoast.com/prnewswire/2022/08/03/shareholder-investigation-notice-halper-sadeh-llp-investigates-vmw-zen-egy-fbms/ | 2022-08-03T14:50:07Z |
The 2023 model year cars keep rolling into dealer lots, albeit in limited supply, and the most visited review we posted this week was the 2023 Jeep Grand Cherokee. A perennial Best SUV To Buy at The Car Connection, the Grand Cherokee has minor changes limited mostly to the 4xe plug-in hybrid model after last year’s redesign. We finally found some seat time in the 2022 Model S, and it once again impressed, in Plaid or otherwise.
Here’s what else moved us this week.
Plaid or not, the Model S offers incredible acceleration and impressive technology, but the steering yoke is a letdown. It earns a TCC Rating of 8.2 out of 10.
The BMW i4 fits an electric powertrain into a 4-Series Gran Coupe body to earn a TCC Rating of 7.8 out of 10.
The five-seat crossover SUV is mildly engaging to drive, has good standard features, and it’s the most attractive of Buick’s three remaining vehicles. It lacks the efficient powertrain options of competitors which limits its TCC Rating to 7.0 out of 10.
2023 Jeep Grand Cherokee review
The legendary SUV with seats for five or seven passengers carries more tech and a higher price this year, as well as a TCC Rating of 6.8 out of 10.
Cadillac’s smallest crossover has good acceleration and a comfortable ride that overshadows a dull interior design to earn a TCC Rating of 6.2 out of 10.
The compact crossover rides well and has a good standard feature set, but it doesn’t measure up to true luxury. It earns a TCC Rating of 6.0 out of 10.
The 2023 Cadillac CT4 compact luxury sedan sports an impressive lineup and a TCC Rating of 5.6 out of 10 that would be higher based solely on the CT4-V and Blackwing models. | https://cw33.com/automotive/2023-jeep-grand-cherokee-2022-tesla-model-s-top-this-weeks-new-car-reviews/ | 2022-08-09T01:28:30Z |
WALTHAM, Mass., June 15, 2022 /PRNewswire/ -- AVAVA Inc., a disruptive aesthetic platform company, announced today that it was awarded first place in the prestigious Innovation Tank Challenge during the 23rd International Master Course on Aging Science (IMCAS) Annual World Congress. The award recognized AVAVA's non-invasive breakthrough procedure that safely and effectively prevents and treats skin aging, and pigmentary conditions, for all skin tones.
AVAVA, a Blossom Innovations company, was recognized for its FDA-cleared skin rejuvenation laser with Focal Point Technology™. This industry-first procedure is transforming the aesthetic laser market by delivering energy with pinpoint accuracy for optimal patient outcomes. Coupled with its high resolution interactive imaging system, AVAVA has built an intelligent solution that unlocks safe and effective treatments for all skin types.
This latest breakthrough technology was created by scientists R. Rox Anderson, M.D., director of the Wellman Center at Massachusetts General Hospital, a teaching affiliate of Harvard Medical School – Department of Dermatology; Dieter Manstein, M.D., Ph.D., Department of Dermatology at Massachusetts General Hospital; Henry H.L. Chan, M.D., Ph.D., Department of Medicine, The University of Hong Kong and the visiting scientist of the Wellman Center, Massachusetts General Hospital; and Dr. Irina Erenburg, CEO of AVAVA.
"Currently, the most well-known energy-based devices on the market for skin rejuvenation are painful; are associated with a long downtime for patients; and deliver moderate, inconsistent results. These procedures are also often unsafe for skin of color," said Dr. Irina Erenburg. "Additionally, all current energy-based treatments deliver energy to the skin, regardless of the size or shape of the region or skin area to be treated. In the process, normal and healthy parts of the skin are unnecessarily exposed to energy. AVAVA's pinpoint image guided accuracy changes that paradigm for all patients."
Erenburg continued: "We are honored to have been recognized as the winner of IMCAS' Innovation Tank Challenge among many other worthy competitors, not only for our technology but for the unmet need it addresses."
IMCAS is the largest educational conference in the world for dermatologists, plastic surgeons and aesthetic practitioners, and brings together international industry experts to share the latest evidence-based techniques and developments in the field. Its Innovation Tank Challenge is a high-profile opportunity for start-ups to pitch their unique ideas and innovative solutions to a jury of prominent investors and leaders in the medical industry.
Blossom Innovations invents breakthrough medical devices and drug-device combination products. Its unique R&D approach synergizes expertise in biology, physics and medicine to impact patient care using individualized precision therapy and novel treatment platforms designed to address major unmet clinical dermatological needs. For more information: blossominnovations.com.
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SOURCE AVAVA | https://www.kxii.com/prnewswire/2022/06/15/avavas-breakthrough-aesthetic-treatment-all-skin-tones-wins-prestigious-innovation-tank-challenge-during-23rd-imcas-annual-world-congress/ | 2022-06-15T16:12:48Z |
NEW YORK, July 18, 2022 /PRNewswire/ -- Welsh, Carson, Anderson & Stowe (WCAS), a leading private equity firm focused exclusively on the technology and healthcare industries, announced today that Travis Cameron will join the Firm as an Operating Partner in its Technology Group. Mr. Cameron is an accomplished executive with extensive experience optimizing digital marketing channels and lead generation in the technology space. Mr. Cameron will work with the WCAS technology portfolio focusing on digital marketing optimization, media effectiveness and partnerships.
Mr. Cameron has spent the last 13 years as a senior marketing executive, most recently as the Strategic Partnerships Lead at Tealium, a leading marketing technology company. At Tealium he was responsible for developing the strategic partnership strategy for the Americas including integration with Google, Meta, and Amazon; marketing programs; revenue generation; services expansion and retention support. Prior to joining Tealium, he was at GALE Partners, one of the first global business agencies. He previously served as an Account Lead at Dentsu, working across their media companies as part of the Isobar brand, and started his career as the Digital Strategy Lead.
Mr. Donovan, Head of Technology and General Partner at WCAS, said: "We are thrilled to welcome Travis to the WCAS Team. His expertise will help guide our portfolio companies to develop and grow their digital partnership strategies in today's ever-changing digital marketing landscape."
Mr. Cameron said, "I am extremely excited to work with the WCAS technology team and their portfolio companies. I've had the opportunity to work with the largest media and marketing companies throughout my career and look forward to bringing these insights and optimization strategies to WCAS's portfolio companies. Marketing is increasingly focused on data and privacy, powered by deepening partnerships not only with the consumer, but with other businesses that service their vertical."
About Welsh, Carson, Anderson & Stowe
WCAS is a leading U.S. private equity firm focused on two target industries: technology and healthcare. Since its founding in 1979, the firm's strategy has been to partner with outstanding management teams and build value for its investors through a combination of operational improvements, growth initiatives and strategic acquisitions. The firm has raised and managed funds totaling over $30 billion of committed capital. For more information, please visit www.wcas.com.
WCAS Contacts:
Jon Rather
212-893-9570
JRather@wcas.com
Greg Lau
212-893-9586
GLau@wcas.com
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SOURCE Welsh, Carson, Anderson & Stowe | https://www.wibw.com/prnewswire/2022/07/18/travis-cameron-joins-welsh-carson-anderson-amp-stowe-technology-operating-partner/ | 2022-07-18T11:50:04Z |
- Consolidated Revenue Increased 18% Year-Over-Year to $82.9 Million
- Canadian Cannabis Business Net Sales Increased 20% Year-Over-Year and 37% Sequentially to Quarterly New Record
- Pure Sunfarms Remains Best-Selling Dried Flower Brand in Canada*
- Rose LifeScience Became the Number Three Licensed Producer in Quebec**
VANCOUVER, BC, Aug. 9, 2022 /PRNewswire/ - Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) (TSX: VFF) today announced its financial results for the second quarter ended June 30, 2022. All figures are in U.S. dollars unless otherwise indicated.
"The continued successful execution of our differentiated Canadian Cannabis strategy drove strong year-over-year and sequential sales growth, achieving a new record high for the second quarter, as well as our 15th consecutive quarter of positive EBITDA for that business," said Michael DeGiglio, Chief Executive Officer, Village Farms. "Our Pure Sunfarms brand maintained its number one market share position in dried flower in Canada*, while Rose LifeScience became a top-three licensed producer in Quebec, with an 8.5% market share**, in part driven by its Promenade brand in collaboration with Pure Sunfarms. Importantly, our planned investments in our commercial capabilities, including sales support and marketing, strain development and other innovation, new brands and geographical expansion over the past 18 months to drive both near- and long-term growth are beginning to yield their intended results. We are also seeing the benefits of the evolution of our strategy for non-branded, with larger, more regular sales to a smaller number of repeat customers, which has been complemented by steady growth in exports, having recently completed our sixth shipment to Australia."
"We continue to expect the second half of 2022 to trend favourably for our Canadian Cannabis business, as we launch new SKUs, including new strains, across our brands into a market that continues to exhibit robust growth. In addition, the roll out of the Original Fraser Valley Weed Co. brand will enable us to address a considerable portion of the Canadian market that we previously did not. We also expect to increasingly benefit from integrating Pure Sunfarms and Rose to realize the significant synergistic opportunities that can take Village Farms' Canadian Cannabis business to the next level."
"In our U.S. Cannabis business, Balanced Health Botanicals and CBDistillery® brand continues to perform well amidst a broader U.S. cannabinoid market that continues to be challenged by lack of regulatory clarity, resulting in confusion at the consumer level. Balanced Health is an integral part of our long-term US Cannabis strategy, as a well-established, profitable business, with top brand awareness, and an established e-commerce platform and retail channels that provides another potential pathway to participate in the high-THC cannabis market in the U.S. when we are able."
"Internationally, we continue to progress steadily on multiple new opportunities in selected target markets. Having received EU GMP certification, our Canadian Cannabis operations are finalizing details with partners with shipments expected to commence in the coming months. Separately today, we announced our ownership of 85% of Leli Holland, which has been was awarded the tenth and final cultivation license granted under the Closed Cannabis Supply Chain Experiment in the Netherlands. As a result, we will directly participate in what will be the first major European market to permit large-scale cannabis cultivation and distribution for recreational purposes, while strongly positioning our Company for success in other European markets as they legalize."
"In our Village Farms Fresh produce business, as anticipated we continued to be challenged by cost inflation across our operations, with significant year-over-year increases in most categories, including fertilizer and other inputs, packaging, freight and labor costs, which has been exacerbated by the continued impact of the Brown Rugose virus that has impacted the global tomato industry. To date, we have not been able to pass these cost increases on to customers due to the continued oversupply in each of the tomato, cucumber and pepper markets. With the goal of optimizing profitability for Village Farms Fresh, we have initiated an intensive operational review of our operations. We believe strongly in the potential of these operations, especially for their optionality and considerably greater value as part of our cannabis strategy in a national or Texas state legal cannabis market in which we can participate."
(All comparable periods are for Second Quarter 2021)
Consolidated
- Consolidated sales increased 18% year-over-year to $82.9 million from $70.4 million;
- Consolidated net loss was ($36.6 million), or ($0.41) per share, which included $29.8 million of impairments to Balanced Health Botanicals' goodwill and intangible assets, compared with ($4.5 million), or ($0.06) per share; and,
- Consolidated adjusted EBITDA was negative ($10.3 million) compared with positive adjusted EBITDA of $1.5 million.
Cannabis
- Total Cannabis segment net sales increased 44% year-over-year to $35.6 million, representing 43% of total Village Farms sales; and
- Total Cannabis segment adjusted EBITDA was $2.1 million, compared with $7.3 million.
Canadian Cannabis (Pure Sunfarms and Rose LifeScience) Financial Summary for the Three and Six Months Ended June 30, 2022 and June 30, 2021
- Canadian Cannabis net sales increased 25% year-over-year to a record $29.8 million (C$38.0 million), with a gross margin of 33% (within the Company's stated target range) and adjusted EBITDA of $2.7 million (C$3.3 million).
U.S. Cannabis (Balanced Health Botanicals and VF Hemp)
- U.S. Cannabis net sales were $5.8 million, with a gross margin of 66% and adjusted EBITDA of negative ($0.6 million). There are no year-over-year comparisons because Balanced Health Botanicals was acquired by Village Farms during the third quarter of 2021 (August 16, 2021).
Village Farms Fresh (Produce)
- Sales increased 4% to $47.2 million and adjusted EBITDA was negative ($10.3 million), compared with ($4.0 million), with the magnitude of the adjusted EBITDA loss being due primarily to the impact of inflation on costs.
Canadian Cannabis
- Pure Sunfarms' maintained its number one brand position for dried flower in Canada and was the number five licensed producer in Canada (by dollar sales), and remained the top-selling brand of dried flower products in key markets of Ontario, Alberta and British Columbia, while continuing to lead publicly traded Canadian cannabis companies in profitability.
- Launched Pure Sunfarms branded products in Yukon, Northwest Territories, New Brunswick and Newfoundland and Labrador, extending Pure Sunfarms' brand reach to ten provinces and territories representing 98 per cent of total legal cannabis sales in Canada.
- At the end of the second quarter, Pure Sunfarms began shipping products under its second brand, the Original Fraser Valley Weed Co. ("Fraser Valley"), which quickly sold out in its initial provincial market, British Columbia. Fraser Valley products appeal to the value segment of the market, targeting the frequent, price-conscious consumer with dependable and potent bulk flower.
- Rose expanded market share of its brands in Quebec to 8.5%, becoming the third best-selling licensed producer in that province**, supported by its strong portfolio, in particular the Promenade brand.
- Canadian Cannabis launched a total of 23 new SKUs (14 by Pure Sunfarms and nine by Rose LifeScience).
- Pure Sunfarms and NOYA Cannabis Inc. launched Cookies sun-grown flower in Ontario during the quarter (with Pure Sunfarms being the licensed producer of record).
U.S. Cannabis
Balanced Health successfully launched the first product in the new Synergy+ line. UNWIND Synergy+ is positioned to help customers unwind after work or a long day.
- John Harloe J.D. PhD, General Counsel for Balanced Health, was chosen by the Colorado Department of Public Health and Environment for the SB 22-205 task force. Colorado Governor, Jared Polis, has directed the task force to study intoxicating hemp products, make legislative and rule recommendations and analyze the effectiveness of each recommendation.
- Subsequent to June 30, 2022, Balanced Health announced the results of a study that reported participants showed a significant reduction of mild or temporary anxiety when they began using CBDistillery Daytime Synergy CBG + CBD tincture.
International Cannabis
- Subsequent to the quarter-end, Leli Holland B.V. ("Leli Holland") was awarded the tenth and final cultivation license granted under the Dutch Closed Supply Chain Experiment program. Subsequently, Village Farms exercised its previously announced option, acquiring 85% of Leli Holland, enabling it to directly participate as a cultivator and distributor in the Netherlands, the first major European country to permit large scale recreational cultivation.
- Pure Sunfarms completed its sixth shipment to Australia as the Australian medical cannabis market continues to experience steady growth.
- Pure Sunfarms is completing regulatory processes and other preparations to enable it to begin exporting EU-GMP certified dried flower to additional international medicinal markets, with an initial focus on Israel and Germany, in the coming months.
Village Farms Fresh (Produce)
- Initiated an intensive operational review of the Fresh Produce business with the goal of optimizing profitability of the business.
Corporate
- Village Farms was named to Corporate Knights' Inaugural Future 50: The Fastest Growing Sustainable Companies in Canada. Village Farms was selected from a pool of 6,115 companies (1,100 public and 4,015 private) as one of 25 publicly traded companies with the highest year-over-year percentage increase in "clean revenue".
The Company's financial statements for the three and six months ended June 30, 2022, as well as the comparative periods for 2021, have been prepared and presented under United States Generally Accepted Accounting Principals ("GAAP"). Balanced Health was acquired on August 16, 2021 and their results are presented in the operations of our consolidated wholly-owned subsidiaries for the three and six months ended June 30, 2022. The Company acquired 70% of Rose LifeScience on November 15, 2021 and their results are presented in the operations of our consolidated wholly-owned subsidiaries and the minority interest is presented in Net Income (Loss) Attributable to Non-controlling Interests, Net of Tax for the three and six months ended June 30, 2022.
(In thousands of U.S. dollars, except per share amounts, and unless otherwise noted)
Consolidated Financial Performance
We caution that our results of operations for the three and six months ended June 30, 2022 and 2021 may not be indicative of our future performance, particularly in light of the ongoing COVID-19 pandemic. We are currently unable to assess the ultimate impact of the COVID-19 pandemic on our business and our results of operations for future periods.
(In thousands of U.S. dollars, except per share amounts, and unless otherwise noted)
A detailed discussion of our consolidated and segment results can be found in our Quarterly Report on Form 10-Q for the three and six months ended June 30, 2022 (the "Quarterly Report"), which will be filed with the Securities and Exchange Commission and will be available at www.sec.gov, and will also be filed in Canada on SEDAR (www.sedar.com). In addition, the Quarterly Report can be found on the Village Farms website under Financial Reports (https://villagefarms.com/financial-reports/) within the Investors section.
The following table reflects a reconciliation of net income to Adjusted EBITDA, as presented by the Company:
This press release is intended to be read in conjunction with the Company's Consolidated Financial Statements ("Financial Statements") and Management's Discussion & Analysis ("MD&A") for the three and six months ended June 30, 2022 in the Quarterly Report, which will be filed on (www.sec.gov/edgar.shtml) and SEDAR (www.sedar.com) and will be available at www.villagefarms.com.
In March 2020, the World Health Organization declared the outbreak of the COVID-19 virus a global pandemic. This outbreak continues to cause major disruptions to businesses and markets worldwide as the virus continues to spread. Several countries as well as certain states and cities within the United States and Canada have enacted temporary closures of businesses, issued quarantine or shelter-in-place orders and taken other restrictive measures. In response to the COVID-19 pandemic, the Company implemented safety protocols and procedures to protect its employees, its subcontractors, and its customers. These protocols take into consideration guidance from state and local government agencies as well as the Centers for Disease Control and Prevention and other public health authorities.
As of August 9, 2022, all of the Company's operations are operating normally, however, the extent to which COVID-19 and the related global economic crisis affect the Company's business, results of operations and financial condition, will depend on future developments that are highly uncertain and cannot be predicted, including the scope and duration of the pandemic and any recovery period, future actions taken by governmental authorities, central banks and other third parties (including new financial regulation and other regulatory reform) in response to the pandemic, and the effects on our produce, clients, vendors and employees. Village Farms continues to service its customers amid uncertainty and disruption linked to COVID-19 and is actively managing its business to respond to the impact.
Village Farms' management team will host a conference call today, Tuesday, August 9, 2022, at 8:30 a.m. ET to discuss its financial results. Participants can access the conference call by telephone by dialing (416) 764-8659 or (888) 664-6392, or via the Internet at: https://app.webinar.net/Q8rLNPLNepq. The live question and answer session will be limited to analysts; however, others are invited to submit their questions ahead of the conference call via email at investorrelations@villagefarms.com. Management will address questions received via email as part of the conference call question and answer session as time permits.
For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial (416) 764-8677 or (888) 390-0541 and enter the passcode 784970 followed by the pound (#) key. The telephone replay will be available until Tuesday, August 16, 2022 at midnight (ET). The conference call will also be available on Village Farms' web site at http://villagefarms.com/investor-relations/investor-calls.
Village Farms leverages decades of experience as a large-scale, Controlled Environment Agriculture-based, vertically integrated supplier for high-value, high-growth plant-based Consumer Packaged Goods opportunities, with a strong foundation as a leading fresh produce supplier to grocery and large-format retailers throughout the US and Canada, and new high-growth opportunities in the cannabis and CBD categories in North America and selected markets internationally.
In Canada, the Company's wholly-owned Canadian subsidiary, Pure Sunfarms, is one of the single largest cannabis operations in the world, the lowest-cost greenhouse producer and one of Canada's best-selling brands. The Company also owns 70% of Québec-based, Rose LifeScience, a leading third-party cannabis products commercialization expert in the Province of Québec.
In the US, wholly-owned Balanced Health Botanicals is one of the leading CBD brands and e-commerce platforms in the country. Subject to compliance with all applicable US federal and state laws and stock exchange rules, Village Farms plans to enter the US high-THC cannabis market via multiple strategies, leveraging one of the largest greenhouse operations in the country (more than 5.5 million square feet in West Texas), as well as the operational and product expertise gained through Pure Sunfarms' cannabis success in Canada.
Internationally, Village Farms is targeting selected, nascent, legal cannabis and CBD opportunities with significant medium- and long-term potential, with an initial focus on the Asia-Pacific region and Europe.
This Press Release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and is subject to the safe harbor created by those sections. This Press Release also contains "forward-looking information" within the meaning of applicable Canadian securities law. We refer to such forward-looking statements and forward-looking information collectively as "forward-looking statements". Forward-looking statements may relate to the Company's future outlook or financial position and anticipated events or results and may include statements regarding the financial position, business strategy, budgets, expansion plans (including internationally as a result of our acquisition of Leli Holland), litigation, projected production, projected costs, capital expenditures, financial results, taxes, plans and objectives of or involving the Company. Particularly, statements regarding future results, performance, achievements, prospects or opportunities for the Company, the greenhouse vegetable industry or the cannabis industry are forward-looking statements. In some cases, forward-looking information can be identified by such terms as "outlook", "may", "might", "will", "could", "should", "would", "occur", "expect", "plan", "anticipate", "believe", "intend", "try", "estimate", "predict", "potential", "continue", "likely", "schedule", "objectives", or the negative or grammatical variation thereof or other similar expressions concerning matters that are not historical facts. The forward-looking statements in this Press Release are subject to risks that may include, but are not limited to: our limited operating history, including that of Rose LifeScience Inc. ("Rose"), Balanced Health Botanicals, LLC ("Balanced Health"), Pure Sunfarms, Inc.("Pure Sunfarms") and our operations of growing hemp in the United States; the legal status of Pure Sunfarms, Rose and Balanced Health cannabis business; risks relating to the integration of Balanced Health and Rose into our cannabis business; risks related to international expansion through our investment in Leli Holland; risks relating to obtaining additional financing, including our dependence upon credit facilities; potential difficulties in achieving and/or maintaining profitability; variability of product pricing; risks inherent in the cannabis, hemp, CBD, cannabinoids, and agricultural businesses; market position, ability to leverage current business relationships for future business involving hemp and cannabinoids, the ability of Pure Sunfarms and Rose to cultivate and distribute cannabis in Canada; existing and new governmental regulations, including risks related to regulatory compliance and licenses (e.g., Pure Sunfarms ability to obtain licenses for its Delta 2 greenhouse facility as well as additional licenses under the Canadian act respecting cannabis to amend to the Controlled Drugs and Substances Act, the Criminal Code and other Acts, S.C. 2018, c. 16 (Canada) for its Delta 3 greenhouse facility), and changes in our regulatory requirements; risks relating to conversion of our greenhouses to cannabis production for Pure Sunfarms; risks related to rules and regulations at the U.S. federal (Food and Drug Administration and United States Department of Agriculture), state and municipal levels with respect to produce and hemp; retail consolidation, technological advances and other forms of competition; transportation disruptions; product liability and other potential litigation; retention of key executives; labor issues; uninsured and underinsured losses; vulnerability to rising energy costs; environmental, health and safety risks, foreign exchange exposure, risks associated with cross-border trade; difficulties in managing our growth; restrictive covenants under our credit facilities; natural catastrophes; the ongoing and developing COVID-19 pandemic; and tax risks.
The Company has based these forward-looking statements on factors and assumptions about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. Although the forward-looking statements contained in this Press Release are based upon assumptions that management believes are reasonable based on information currently available to management, there can be no assurance that actual results will be consistent with these forward-looking statements. Forward-looking statements necessarily involve known and unknown risks and uncertainties, many of which are beyond the Company's control, that may cause the Company's or the industry's actual results, performance, achievements, prospects and opportunities in future periods to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, the factors contained in the Company's filings with securities regulators, including this Press Release. In particular, we caution you that our forward-looking statements are subject to the ongoing and developing circumstances related to the COVID-19 pandemic, which may have a material adverse effect on our business, operations and future financial results.
When relying on forward-looking statements to make decisions, the Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future results, performance, achievements, prospects and opportunities. The forward-looking statements made in this Press Release relate only to events or information as of the date on which the statements are made in this Press Release. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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SOURCE Village Farms International, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/09/village-farms-international-reports-second-quarter-2022-financial-results/ | 2022-08-09T10:35:40Z |
STATE COLLEGE, Pa., Aug. 10, 2022 /PRNewswire/ -- Remcom announces expanded capabilities within its schematic editor in the latest release of XFdtd® 3D EM Simulation Software, including support for diplex matched antennas and new efficiencies aimed at streamlining antenna design workflows and shortening design cycles.
XFdtd's schematic editor is a novel electromagnetic simulation tool that combines matching network analysis with full-wave results, making it ideal for complex antenna design applications involving multi-state and multi-port aperture or impedance tuners and corporate feed networks with digital phase shifters.
The latest release builds on the previous framework with additional antenna configurations and time-saving options in the schematic editor's interface, simplifying analysis of a matching network's impact on FDTD results. In particular, the capability to connect two voltage sources to a single antenna improves workflow efficiency for diplex matched antenna use cases. System and radiation efficiencies can be effortlessly computed from a single schematic for both operating modes.
Other enhancements include the ability to compute averaged SAR for dynamically tuned antennas leveraging multi-port impedance and aperture tuners. Schematic matching network simulation fidelity has also increased with the inclusion of microstrip models and substrate definitions.
Additional updates are aimed at fostering a more intuitive and collaborative experience for engineering teams. XFdtd now incorporates frequency bands showcasing the benefit of the FDTD method for producing many broadband results using a single run. Most commonly used bands are included in the Frequency Band Library to streamline user input. Users can also define their own custom bands and add them to the library, import bands from external files, and export bands.
For more information on the latest release of XFdtd, please visit Remcom's website. XFdtd users without an active Remcom Professional Support contract can upgrade to the latest version by contacting sales.
About Remcom: Remcom provides innovative electromagnetic simulation and wireless propagation software for commercial users and U.S. government sponsors. Remcom's complementary products work together to provide complete end-to-end design and analysis of complex devices in real world scenarios, simplifying EM analysis for a wide variety of applications including antenna design and placement, 5G MIMO, outdoor and indoor mmWave planning, mobile device design, biomedical, microwave, automotive radar, and more. Remcom is committed to its customers' unique needs, offering flexible licensing options for installations of all sizes as well as custom engineered solutions.
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SOURCE Remcom, Inc. | https://www.kxii.com/prnewswire/2022/08/10/remcom-broadens-capabilities-schematic-editor-support-diplex-matched-antennas-xfdtd-em-simulation-software/ | 2022-08-10T10:17:49Z |
The Amistad Project: ruling sets key precedent for election oversight
AMHERST, Va., May 24, 2022 /PRNewswire/ -- Litigation supported by The Amistad Project won a significant ruling by the Commonwealth Court of Pennsylvania upholding the right of Pennsylvania counties to exercise the authority granted to them by the state legislature to inspect electronic voting equipment. The court sided with a brief filed by The Amistad Project on behalf of Fulton County, Pennsylvania.
"The court not only overturned the Secretary of the Commonwealth's unlawful decertification of Fulton County's voting machines, but also affirmed that the Secretary cannot prevent counties from exercising their statutory authority to inspect voting machines as part of their duty to ensure 'safe and honest conduct of elections,'" explained Phill Kline, director of The Amistad Project.
The case began after Fulton County conducted an inspection of one of its two Dominion voting machines to determine whether they functioned properly during the 2020 election. The Secretary of the Commonwealth then issued an order retroactively banning the practice, while also decertifying both of the county's voting machines and denying the county state funding to replace them.
"The Secretary's actions were clearly intended as political retribution against Fulton County, and to intimidate other counties from cooperating with the state legislature's investigation into irregularities in the management of the 2020 election," Kline said. "This ruling affirms what the U.S. Constitution says, which is that the state legislature has authority over federal elections, and has the right to take appropriate measures to ensure that elections are conducted lawfully in the Commonwealth of Pennsylvania."
Reference: No. 277 M.D. 2021
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SOURCE Amistad Project | https://www.mysuncoast.com/prnewswire/2022/05/24/pa-court-upholds-right-inspect-voting-machines/ | 2022-05-24T17:22:41Z |
Four taken to hospital after crash in Denison
Published: Aug. 12, 2022 at 3:38 PM CDT|Updated: 6 minutes ago
DENISON, Texas (KXII) - A major crash in Denison left four people injured.
Public Information Officer Emily Agans said it happened at the intersection of Eisenhower and Coffin Street. She said a vehicle was making a left turn when the two cars collided.
All four of the people involved were taken to the hospital, with one person suffering from serious injuries.
Both Denison Fire and police responded to the scene.
There is no word yet on the condition of the other three passengers.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/08/12/four-taken-hospital-after-crash-denison/ | 2022-08-12T20:45:34Z |
Recognized by the Customer Relationship Management Institute for Supporting Students and Educators with a Superior Service Experience
BOSTON, June 27, 2022 /PRNewswire/ -- Education technology provider Cengage today announced it has received the NorthFace ScoreBoard Award for excellence in customer support for the fifth year in a row. Recognized as one of the most prestigious customer service awards because it is based solely on customer feedback, the ScoreBoard Award is presented annually by the Customer Relationship Management Institute (CRMI).
"As educators and students continue to navigate new and changing learning modalities, effective customer support is more important than ever in creating a successful learning experience," said Dawn Gerrain, Senior Vice President, Cengage Academic Service Experience. "At Cengage, we put a tremendous focus on delivering high quality, affordable digital learning products that are easy to use, and on being here for our customers. Whether it's helping an instructor set up a last-minute course assignment or troubleshooting with a student during virtual office hours, instructors, administrators and students know they can depend on Cengage for an exceptional support experience."
Part of the Service Experience team's success can be attributed to its approach and belief that a contact center is about more than just a transaction; it's about addressing customer concerns with empathy. The service team challenged the traditional ways that contact centers are managed by focusing on meeting customers' needs related to reliability, value, time, dignity and success.
Some of the other unique features of the Cengage experience include:
- Digital Success Specialists: personal, proactive support to set up digital courses ahead of the semester, and address any ongoing questions.
- Start Strong and Virtual Office Hours: start of the semester sessions to help students choose the most affordable option and register their digital products, and Zoom office hours with a local Cengage representative to answer student questions during the semester.
- Transparency: proactively sharing how our platforms are performing via techcheck.cengage.com so customers can see if a platform is experiencing an issue (99.9% uptime in 2021).
- Expanded support channels: customers have multiple ways to reach support to address an issue including: phone, web-created case/email, live and automated chat and through social media (@CengageHelp)
- Quality self-service materials and support: at support.cengage.com customers can find 300+ self-serve articles based on commonly asked questions, and the ability to initiate simple transactions (i.e. request a refund).
"The NorthFace ScoreBoard Service Award is widely recognized as the most prestigious award for customer service excellence due to its unique customer only vote criteria. The award recognizes organizations that not only offer exemplary customer service but those who have chosen to make their CX Strategy a key component of their company's DNA," said John Alexander Maraganis, President & CEO of CRMI.
For more information on Cengage's support services, visit: https://www.cengage.com/services/.
For more information on awards and this year's winners, visit https://www.crmirewards.com/.
Cengage, the U.S. Higher Education business of global education technology company Cengage Group, serves millions of instructors, learners and institutions. We deliver affordable, high-quality digital products and personalized support to power learning individually and at scale. Our customer-centered approach enables innovation, including Cengage Unlimited, the first and only all-access digital subscription for textbooks and course materials. Our textbooks, homework tools, and flagship online learning platforms, MindTap and WebAssign, help educators and students achieve their goals. Visit us at www.cengage.com or find us on Facebook, Twitter, LinkedIn, and Instagram.
Media contact: Kristina Massari, kristina.massari@cengage.com
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SOURCE Cengage | https://www.kxii.com/prnewswire/2022/06/27/cengage-takes-home-top-customer-support-award-fifth-consecutive-year/ | 2022-06-27T16:07:14Z |
As the Most Compact-Folding 4-Wheel Modular Stroller, the Baby Jogger® City Sights™ Stroller is Ready for Wherever the Day Takes You
ATLANTA, June 13, 2022 /PRNewswire/ -- Baby Jogger® debuts the most compact-folding 4-wheel modular stroller on the market - The City Sights™ Stroller. Joining its fleet of strollers that offer parents modern design, versatility, and all-terrain performance, The City Sights™ features a reversible seat, all-terrain wheels and suspension, and a one-hand, compact fold that collapses the stroller for instant storage.
"Baby Jogger® knows parents want versatility in their gear to help navigate all their family adventures, and City Sights™ provides them with just that," said Dennis Bruce, Senior Vice President & Managing Director, Global Baby Gear. "Aside from being easy to transport and stow, it effortlessly navigates city sidewalks, allows baby to see you or the world with the reversible seat and can stroll up to two littles with our glider board attachment."
The new City Sights™ Stroller from Baby Jogger® boasts eight possible modes of use, so parents can customize it to their needs. It also features a variety of luxe, features and details including:
- Expandable UV 50+ canopy with side vents to keep your baby shaded in the sunlight
- Large under-seat storage basket with an easy-access design
- Vegan leatherette accents on the adjustable handlebar and belly bar
- Adjustable handlebar, calf support and seat recline for baby's comfort
- Collapses to be 12.5"W x 23.25"D x 31.75"H when folded, allowing for easy storage
- Weighs less than 25 pounds
The City Sights™ Modular Stroller is available now for purchase online at BabyJogger.com (MSRP: $549.99) and is available in Rich Black and Dark Slate fashions. It will be widely available later this month through Amazon and specialty retail partners like Albee Baby, buybuybaby, PishPosh Baby and The Baby Cubby. The glider board, pram and infant car seat are sold separately.
For more details on the Baby Jogger® City Sights™, visit www.babyjogger.com and follow @babyjogger on Instagram, YouTube and Facebook. For proper product use, please refer to the safety and instructions included on the packaging and manuals.
Baby Jogger® products are crafted for active parents who want to share their adventures with their children. Since creating the very first jogging stroller in 1984, Baby Jogger® has expanded beyond joggers and created baby gear to feed every passion and lifestyle – strollers for travel or off-road adventures, lightweight car seats and slim highchairs to simplify city living. Baby Jogger® supports parents and kids living life to the fullest, cultivating curiosity, taking on new adventures and rounding the corner to their dreams. Baby Jogger® is owned by Newell Brands, a leading global consumer goods company.
Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, FoodSaver, Calphalon, Sistema, Sharpie, Paper Mate, Dymo, EXPO, Elmer's, Yankee Candle, Graco, NUK, Rubbermaid Commercial Products, Spontex, Coleman, Campingaz, Oster, Sunbeam and Mr. Coffee. Newell Brands' beloved, planet friendly brands enhance and brighten consumers lives at home and outside by creating moments of joy, building confidence and providing peace of mind.
This press release and additional information about Newell Brands are available on the company's website, www.newellbrands.com.
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SOURCE Newell Brands | https://www.kxii.com/prnewswire/2022/06/13/baby-jogger-announces-new-compact-4-wheel-modular-stroller-city-sights/ | 2022-06-13T13:55:55Z |
SAN ANTONIO, June 3, 2022 /PRNewswire/ -- This summer, Taco Cabana is introducing their all-new Carne Asada Street Tacos, new options for Smothered Burritos, a new dessert and a new, limited-time seasonal margarita.
Launching June 8, 2022, TC lovers can visit any Texas location and try the new Carne Asada Street Tacos in a three-pack for $4.29, as a plate with rice and beans for $7.59 or as a combo, with chips & queso and a drink for $8.99. The all-new TC Carne Asada is USDA Choice beef, seasoned with salt and pepper, then seared on a flat top to deliver a delicious traditional charred flavor. The charred carne asada is then placed on corn tortillas, topped with chopped onions and cilantro and served with a wedge of lime on the side.
Taco Cabana is also expanding its burrito offerings with 16 new smothered burrito combinations this summer. Guests first choose their protein including Chicken Fajita for $8.29, Steak Fajita for $9.89, Ground Beef for $8.09 or Shredded Chicken for $7.49, then select one of four homemade sauces to smother their burrito with – choosing from Queso, Queso Blanco, Tex-Mex or Green Sauce.
The new and never-before-served-at-TC Cherry Margarita is a refreshing taste of summer pairing perfectly with any TC meal for those 21 years of age or older and is available for just $4. Guests of legal drinking age can also indulge in TC's variety of classic frozen margarita offerings all day, every day to help quench the Texas summer heat.
To complement any TC meal, guests can indulge in an expanded dessert line including signature TC sopapillas, churros, Tres Leches cake or TC's new chocolate chip cookie, available starting June 18, 2022.
"We are very proud of our industry-leading stature when it comes to great Tex-Mex flavor, the use of quality ingredients and ongoing culinary innovation," continued Camacho. "As a brand, first and foremost, we are committed to always listening to what our guests want from us, innovating, then delivering great menu variety against those asks."
For more information on the latest menu items, visit TacoCabana.com.
Taco Cabana, a subsidiary of YTC Enterprises, LLC, was founded in 1978. The brand specializes in Tex-Mex-inspired food including enchiladas, fajitas, quesadillas, flautas, burritos, tacos, freshly-made flour tortillas and a selection of made-from-scratch salsas and sauces. Restaurants feature open-display cooking, a selection of bottled beer and signature tequila margaritas, patio dining, drive-thru windows, curbside pick-up and delivery. As of June 3, 2022, Taco Cabana operates 143 company-owned restaurants in Texas. For more info, visit www.tacocabana.com.
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SOURCE Taco Cabana | https://www.mysuncoast.com/prnewswire/2022/06/03/taco-cabana-launches-all-new-carne-asada-street-tacos-smothered-burritos-plus-limited-time-cherry-margarita/ | 2022-06-03T16:11:08Z |
Consensus opinions report that lowering the doses of certain anti-seizure medications (ASMs) when beginning treatment with XCOPRI® (cenobamate tablets) CV may help manage possible side effects
PARAMUS, N.J., Sept. 12, 2022 /PRNewswire/ -- SK Life Science, Inc., a subsidiary of SK Biopharmaceuticals Co., Ltd., an innovative global pharmaceutical company focused on developing treatments for central nervous system (CNS) disorders, announced the publication in the journal Neurology and Therapy. The epileptologist expert consensus opinions were created to improve treatment tolerability through dose adjustments of concomitant anti-seizure medications (ASMs) during the addition of cenobamate, approved in the United States under the brand name XCOPRI® for the treatment of partial-onset seizures in adults.
"Our goals of therapy for each patient with epilepsy are seizure freedom, little or no adverse effects from ASMs, and the fewest number of ASMs possible," said Michael C. Smith, M.D., Division Chief of Epilepsy and Clinical Neurophysiology at Rush Medical College. "With the introduction of new medications to a patient's treatment regimen, patients with epilepsy may experience an increase in adverse events (AEs); however, there is a large gap in understanding how to combat AEs in this scenario."
In this consensus study, a panel of seven epileptologists experienced in the use of ASMs, including cenobamate, were brought together to help address the gap in understanding how to manage AEs using a modified Delphi Method*. The consensus of experts, focused on the use of cenobamate, outline their experience with managing patients on multiple ASMs.
Their expert findings show that, when introducing cenobamate, lowering the dosage of other ASMS from the patient's treatment regimen may help manage side effects. A summary table of the expert opinions in the publication can be found here.
"When a new medication is added to a patient's antiseizure medication (ASM) regimen, it is important to consider the overall drug load that may increase the possibility for adverse reactions," said Pavel Klein, M.D., epileptologist and neurologist, Mid-Atlantic Epilepsy and Sleep Center, Bethesda, MD. "To help manage those potential adverse events, when adding the new medication, you may consider reducing the dose of existing ASMs."
*About the Delphi Method
In clinical research, the Delphi method is used to systematically generate consensus by gathering experts in the field to answer critical research questions that are not amenable to other types of research designs, such as experimental methods. 1 This method allows for information to be gathered to help inform the treatment decision-making process in a meaningful way.
About XCOPRI® (cenobamate tablets) CV
Cenobamate is an anti-seizure medication (ASM) discovered and developed by SK Biopharmaceuticals and SK life science. While the precise mechanism by which cenobamate exerts its therapeutic effect is unknown, it is believed to reduce repetitive neuronal firing by inhibiting voltage-gated sodium currents. It is also a positive allosteric modulator of the γ-aminobutyric acid (GABAA) ion channel.
Cenobamate is approved in the United States for the treatment of partial-onset seizures in adults and is available under the brand name XCOPRI® (cenobamate tablets) CV. Cenobamate can be combined with other ASMs or used alone. The recommended initial dosage of cenobamate is 12.5 mg once-daily, with titration every two weeks; it is available in six tablet strengths for once-daily dosing: 12.5 mg, 25 mg, 50 mg, 100 mg, 150 mg and 200 mg.
Cenobamate is also approved in the European Union and the United Kingdom for the adjunctive treatment of focal-onset (partial-onset) seizures with or without secondary generalization in adult patients with seizures that have not been adequately controlled despite a history of treatment with at least two anti-epileptic medicinal products and is marketed by Angelini Pharma under the brand name ONTOZRY®.
Additionally, cenobamate is in clinical development in Asia. Ono Pharmaceutical and Ignis Therapeutics have the rights to develop and commercialize cenobamate in Japan and in the Greater China region, respectively. SK Biopharmaceuticals has recently entered into an exclusive licensing agreement with Endo for cenobamate in Canada.
IMPORTANT SAFETY INFORMATION AND INDICATION FOR XCOPRI® (cenobamate tablets) CV
DO NOT TAKE XCOPRI IF YOU:
- Are allergic to cenobamate or any of the other ingredients in XCOPRI.
- Have a genetic problem (called Familial Short QT syndrome) that affects the electrical system of the heart.
XCOPRI CAN CAUSE SERIOUS SIDE EFFECTS, INCLUDING:
Allergic reactions: XCOPRI can cause serious skin rash or other serious allergic reactions which may affect organs and other parts of your body like the liver or blood cells. You may or may not have a rash with these types of reactions. Call your healthcare provider right away and go to the nearest emergency room if you have any of the following: swelling of your face, eyes, lips, or tongue, trouble swallowing or breathing, a skin rash, hives, fever, swollen glands, or sore throat that does not go away or comes and goes, painful sores in the mouth or around your eyes, yellowing of your skin or eyes, unusual bruising or bleeding, severe fatigue or weakness, severe muscle pain, frequent infections, or infections that do not go away. Take XCOPRI exactly as your healthcare provider tells you to take it. It is very important to increase your dose of XCOPRI slowly, as instructed by your healthcare provider.
QT shortening: XCOPRI may cause problems with the electrical system of the heart (QT shortening). Call your healthcare provider if you have symptoms of QT shortening including fast heartbeat (heart palpitations) that last a long time or fainting.
Suicidal behavior and ideation: Antiepileptic drugs, including XCOPRI, may cause suicidal thoughts or actions in a very small number of people, about 1 in 500. Call your health care provider right away if you have any of the following symptoms, especially if they are new, worse, or worry you: thoughts about suicide or dying; attempting to commit suicide; new or worse depression, anxiety, or irritability; feeling agitated or restless; panic attacks; trouble sleeping (insomnia); acting aggressive; being angry or violent; acting on dangerous impulses; an extreme increase in activity and talking (mania); or other unusual changes in behavior or mood.
Nervous system problems: XCOPRI may cause problems that affect your nervous system. Symptoms of nervous system problems include dizziness, trouble walking or with coordination, feeling sleepy and tired, trouble concentrating, remembering, and thinking clearly, and vision problems. Do not drive, operate heavy machinery, or do other dangerous activities until you know how XCOPRI affects you.
Do not drink alcohol or take other medicines that can make you sleepy or dizzy while taking XCOPRI without first talking to your healthcare provider.
DISCONTINUATION:
Do not stop taking XCOPRI without first talking to your healthcare provider. Stopping XCOPRI suddenly can cause serious problems. Stopping seizure medicine suddenly in a patient who has epilepsy can cause seizures that will not stop (status epilepticus).
DRUG INTERACTIONS:
XCOPRI may affect the way other medicines work, and other medicines may affect how XCOPRI works. Do not start or stop other medicines without talking to your healthcare provider. Tell healthcare providers about all the medicines you take, including prescription and over-the-counter medicines, vitamins and herbal supplements.
PREGNANCY AND LACTATION:
XCOPRI may cause your birth control medicine to be less effective. Talk to your health care provider about the best birth control method to use.
Talk to your health care provider if you are pregnant or plan to become pregnant. It is not known if XCOPRI will harm your unborn baby. Tell your healthcare provider right away if you become pregnant while taking XCOPRI. You and your healthcare provider will decide if you should take XCOPRI while you are pregnant. If you become pregnant while taking XCOPRI, talk to your healthcare provider about registering with the North American Antiepileptic Drug (NAAED) Pregnancy Registry. The purpose of this registry is to collect information about the safety of antiepileptic medicine during pregnancy. You can enroll in this registry by calling 1-888-233-2334 or go to www.aedpregnancyregistry.org.
Talk to your health care provider if you are breastfeeding or plan to breastfeed. It is not known if XCOPRI passes into breastmilk. Talk to your healthcare provider about the best way to feed your baby while taking XCOPRI.
COMMON SIDE EFFECTS:
The most common side effects in patients taking XCOPRI include dizziness, sleepiness, headache, double vision, and feeling tired.
These are not all the possible side effects of XCOPRI. Tell your healthcare provider if you have any side effect that bothers you or that does not go away. For more information, ask your healthcare provider or pharmacist. Call your doctor for medical advice about side effects. You may report side effects to FDA at 1-800-FDA-1088 or at www.fda.gov/medwatch.
DRUG ABUSE:
XCOPRI is a federally controlled substance (CV) because it can be abused or lead to dependence. Keep XCOPRI in a safe place to prevent misuse and abuse. Selling or giving away XCOPRI may harm others and is against the law.
INDICATION:
XCOPRI is a prescription medicine used to treat partial-onset seizures in adults 18 years of age and older. It is not known if XCOPRI is safe and effective in children under 18 years of age.
Please see additional patient information in the Medication Guide. This information does not take the place of talking with your healthcare provider about your condition or your treatment.
Please see full Prescribing Information.
About Epilepsy
Epilepsy is the fourth most common neurological disorder. There are approximately 3.4 million people living with epilepsy in the United States, with 150,000 new cases each year in the country.2,3 Epilepsy is characterized by recurrent, unprovoked seizures. The seizures in epilepsy may be related to a brain injury or a family tendency, but often the cause is completely unknown. Having seizures and epilepsy can affect one's safety, relationships, work, driving, and much more.4,5 People with epilepsy are at risk for accidents and other health complications, including falling, drowning, depression and sudden unexplained death in epilepsy (SUDEP).4,5 Despite the availability of many antiepileptic therapies, almost 40 percent of people with epilepsy are not able to achieve seizure freedom, meaning they have epilepsy that remains uncontrolled.6
About SK Biopharmaceuticals Co., Ltd. and SK Life Science, Inc.
SK Biopharmaceuticals and its U.S. subsidiary SK life science are pharmaceutical companies focused on the research, development and commercialization of treatments for disorders of the central nervous system (CNS) and oncology. In 2017, SK Biopharmaceuticals established a research center to begin their expansion into oncology through research and development efforts. The companies have a pipeline of eight compounds in development in both CNS disorders and oncology. Additionally, SK Biopharmaceuticals is focused on the discovery of new treatments in oncology. For more information, visit SK Biopharmaceuticals' website at www.skbp.com/eng and SK life science's website at www.SKLifeScienceInc.com.
Both SK Biopharmaceuticals and SK life science are part of SK Group, one of the largest conglomerates in Korea. SK Inc., the parent company of SK Biopharmaceuticals, continues to enhance its portfolio value by executing long-term investments with a number of competitive subsidiaries in various business areas, including pharmaceuticals and life science, energy and chemicals, information and telecommunication, and semiconductors. In addition, SK Inc. is focused on reinforcing its growth foundations through profitable and practical management based on financial stability, while raising its enterprise value by investing in new future growth businesses. For more information, please visit http://hc.sk.co.kr/en/.
XCOPRI® and ONTOZRY® are registered trademarks of SK Biopharmaceuticals Co., Ltd.
Media Inquiries
SK Life Science, Inc.
media@sklsi.com
References
- Olsen, A., McLaughlin, J., How to use the Delphi method to aid in decision making and build consensus in pharmacy education. https://www.sciencedirect.com/topics/social-sciences/delphi-method#:~:text=The%20Delphi%20method%20is%20a%20unique%20methodology%20used%20to%20systematically,experimental%20or%20quasi%2Dexperimental%20methods. Published 2021
- Epilepsy Foundation. Who Gets Epilepsy? https://www.epilepsy.com/learn/about-epilepsy-basics/who-gets-epilepsy.Accessed July 2021.
- Epilepsy Foundation. Epilepsy Statistics. https://www.epilepsy.com/learn/about-epilepsy-basics/epilepsy-statistics. Accessed July 2021
- Epilepsy Foundation. Staying Safe. https://www.epilepsy.com/learn/seizure-first-aid-and-safety/staying-safe. Accessed July 2021.
- Epilepsy Foundation. Challenges with Epilepsy. https://www.epilepsy.com/learn/challenges-epilepsy. Accessed July 2021.
- Chen Z, Brodie MJ, Liew D, Kwan P. Treatment outcomes in patients with newly diagnosed epilepsy treated with established and new antiepileptic drugs: a 30-year longitudinal cohort study. https://www.ncbi.nlm.nih.gov/pubmed/29279892. Published online December 26, 2017.
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SOURCE SK Life Science, Inc. | https://www.kxii.com/prnewswire/2022/09/12/expert-consensus-opinions-published-neurology-therapy-discuss-adjustment-anti-seizure-medication-dosing-optimal-care/ | 2022-09-12T13:44:37Z |
(NEXSTAR) – Actress Bette Midler is facing backlash Friday after her response to a tweet discussing the ongoing baby formula shortage. The tweet was met with derision from many users, who say the sentiment is insensitive and also unrealistic.
In a tweet Thursday night, the Tony- and Emmy Award-winner wrote: “TRY BREASTFEEDING! It’s free and available on demand.”
One of those to reply was Dr. Daniel Summers, a Boston-area pediatrician and writer.
“Just in case all the other people in your replies don’t make the difference, this is a terrible, thoughtless and unhelpful take,” Summers responded. “Not every woman can breastfeed, no matter how much anyone says they can.”
Summers told Nexstar Friday that it’s very common for him to see new mothers who find nursing doesn’t work, and whose circumstances make it harder to work at it.
“… Saying breastfeeding is free means that no value is put on the mother’s time, because breastfeeding requires a great deal of time and effort. Some mothers do not have the resources necessary to give that time, in many cases because they need to bring home money to support their families and cannot dedicate the time to nursing.”
Dr. Daniel Summers, MD
Moreover, Summers says some women don’t produce milk at all. Additionally, new mothers could have other health issues and personal conflicts that make breastfeeding an unrealistic option.
A bit later Monday night, Midler added to the controversy, tweeting: “People are piling on because of former tweet. No shame if you can’t breastfeed, but if you can & are somehow convinced that your own milk isn’t as good as a ‘scientifically researched product’, that’s something else again. The monopoly news is news to me, tho, no lie. #WETNURSES.”
Summers says that while he’s never going to shortchange the value of breastmilk, he finds the idea that breastmilk is superior to formula is “supremely unhelpful.”
“It’s not a question of formula vs. breastmilk, it’s a question of formula vs. starving,” Summers added, saying many women may produce some breast milk but not enough to provide a sole source of nourishment.
For those women who worry their milk supply isn’t enough, the U.S. Food and Drug Administration says as long as babies are being fed regularly (8-12 times per day), there’s likely no issue. For women who are struggling, Summers recommends working with a pediatrician to develop a feeding plan that works best. He also says lactation consultants can help.
Summers says women should never feel shamed or unsupported by anyone for choosing formula feeding, either in part or whole (hybrid breastmilk-formula regimens are common). He says if a women feels shamed by her doctor for choosing formula, “it’s a sign they need to look for a new pediatrician.”
On Friday, the U.S. Department of Health and Human Services launched its Fact Sheet: Helping Families Find Formula During the Infant Formula Shortage, which provides resources for families looking to find formula in their area. HHS says manufacturers have ramped up production by up to 50%. | https://cw33.com/news/national/nexstar-media-wire/try-breastfeeding-bette-midler-slammed-for-comments-on-formula-shortage/ | 2022-05-13T21:59:44Z |
BELTON — In the big picture, a simple baseball game is meaningless. But for a community and student body dealing with the emotions of a tragedy at their high school earlier in the week, an evening at the diamond was a welcome distraction and finally something to celebrate.
Thanks to some speedy work on the bases, some nifty defense and one big home run, the Belton Tigers opened their best-of-3 Class 6A bi-district playoff series against the Mansfield Tigers with a 4-2 win at Tidwell Field on Friday night.
“It’s big, especially with everything going on this week,” Belton starting pitcher TJ Johnson said of the win. “That game was a lot bigger than Belton baseball. It was a big game for the Belton community as a whole.”
Prior to the first pitch, a moment of silence was held to honor the memory of Belton senior Jose Luis Ramirez Jr., who was fatally stabbed at school earlier in the week.
That was the only silence the rest of the night as Belton took an early lead and never trailed en route to the win.
Belton (17-8-1) went ahead in the second with two outs when Aaron Bain hit a home run just over the center-field wall, driving in Caleb Lamm, who had walked earlier in the inning.
“It felt great,” Bain said. “Off the bat I was saying, ‘Get out ball’. I didn’t quite know if it was, so I was sitting there watching it. I sat on that pitch, crushed it.”
Mansfield answered with one run in the third, but some nifty defense prevented a big inning.
With one out, Ayden Franco walked, and courtesy runner Reed Pinckney took second on a wild pitch by Johnson. That brought up Xavier Hirsch, who hit a hard grounder up the middle. Second baseman Mason Ramm’s dive deflected the ball right to shortstop Lamm just as Pinckney rounded third at full speed headed for home. Lamm fired to catcher Kade Norwood, who patiently waited for Pinckney to jump right into the tag.
One batter later, Matthew Brandt singled in Hirsch — who had taken second on the previous play — before Johnson got out of the inning with Belton leading 2-1.
“That’s huge,’ Johnson said. “Great play by Ramm to deflect it, and head’s up by Lamm to fire home.”
An inning later, Mansfield (15-13-1) tied it on a solo home run by Will Graygor.
It was all Belton after that as the host Tigers took the lead for good in the fifth, starting with Jackson Shirkey legging out a chopper to the shortstop. With one out, Ramm singled to put runners on the corners and ending the night for Mansfield starter Ryan Honeycutt, who allowed just three hits. Jacob Estrada walked to load the bases with two outs, and Mansfield relief pitcher Aiden Esquivel hit Tanner Conroy with a pitch to force in a run and give Belton a 3-2 lead. Lamm then drew a run-scoring walk for the final 4-2 margin.
Johnson gave up two runs, allowed five hits and struck out 11 before hitting his pitch limit in the top of the seventh, leaving to a standing ovation from the Belton fans.
“I started feeling better as the night went on,” Johnson said. “Third and fourth inning, they started getting some runs and I was mad at myself for that. And my hitting performance wasn’t all that great, but I want to do whatever I can to help the team win.
The series resumes at 2 p.m. today in Mansfield. | https://www.tdtnews.com/sports/article_165ee42c-cdb9-11ec-9297-cb73caae7707.html | 2022-05-07T07:20:11Z |
ISELIN, N.J., June 3, 2022 /PRNewswire/ -- Brand Finance, the world's leading brand valuation consultancy, has ranked Hexaware, a global IT consulting and digital services provider, 9th in IT services in their latest India 100 2022 report. Hexaware has also been featured among the most valuable brands in India. This year it occupies the 66th position among the top 100 most valuable brands in India, moving up 9 positions from 2021.
Every year, Brand Finance puts 5,000 of the world's biggest brands to the test, publishes around 100 reports ranking brands across all sectors and helps boost their brand valuation through financial valuation techniques and advanced market research analysis.
In addition to brand value, Brand Finance determines the relative strength of brands through a balanced scorecard of metrics evaluating marketing investment, stakeholder equity, and business performance. Compliant with ISO 20671, Brand Finance's assessment of stakeholder equity incorporates original market research data from over 100,000 respondents in more than 35 countries and across nearly 30 sectors. In the India 100 2022 report, Hexaware gained a 2-point increase from the previous year and now has a Brand Strength Index (BSI) score of 68 out of 100. It has maintained its AA- Brand Rating. This report states that Hexaware's Brand Value in 2022 has grown by over 41% from 2021 and crosses the US$ 500 million mark in brand value.
Hexaware's strong performance across the three pillars of brand investment, brand equity, and brand performance can be attributed to its focus on excellence in delivery, enhancing customer relationships and enabling employee empowerment.
Celebrating this achievement, R Srikrishna (Keech), CEO of Hexaware, said, "The improved rankings encourage us to continue our efforts towards strengthening our brand equity. We have successfully established ourselves as a strategic next-generation digital solutions provider leveraging our experience and skill in technology."
David Haigh, CEO of Brand Finance, commented: "In our analysis of global IT services brands, we observed Hexaware's performance to be remarkable. Brand value has grown by 41% year-on-year and brand strength rating is AA-. In a difficult year with lockdown restrictions, Hexaware has been consistent and resilient in its brand building – with the ability to grab transformation projects in cloudification and process automation. The brand's new purpose statement launched this June - #CreatingSmiles created high engagement among stakeholder groups."
About Hexaware
Hexaware is a global IT, BPS and consulting services company empowering businesses worldwide to realize digital transformation at scale and speed.
Learn more about Hexaware at https://www.hexaware.com.
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SOURCE Hexaware Technologies Ltd. | https://www.mysuncoast.com/prnewswire/2022/06/03/hexaware-among-top-10-it-services-brand-finance-india-100-2022-ranking/ | 2022-06-03T13:07:39Z |
Smarter Sorting is a Top 50 Winner for achievement in environmental impact
AUSTIN, Texas and BOULDER, Colo. , July 6, 2022 /PRNewswire/ -- Smarter Sorting (www.smartersorting.com), a consumer goods data and sustainability company, has been announced as a Top 50 winner in the 2022 Real Leaders® Eco Innovation Awards. Smarter Sorting helps retailers and suppliers know more about regulated consumer products to make, market and move them across the supply chain more sustainably.
This nomination specifically highlights Smarter Sorting's proprietary Product Intelligence Platform™—the platform connects brand manufacturers and retailers. By sharing product data for hazardous, environmentally sensitive and regulated products, the company ensures retailers meet their environmental obligations, make better decisions, avoid unnecessary fines and reduce their environmental impact.
This week, Real Leaders released its inaugural Eco Innovation Awards to its global community of social impact executives. This distinction celebrates achievement in environmental impact. As a longtime advocate for businesses that build sustainability into their business models, Real Leaders wanted to recognize the products, projects, and initiatives that are actively contributing to a healthier planet.
"We are honored to see our Product Intelligence Platform™ recognized by Real Leaders for the value it provides major retailers and consumer brands," said Jacqueline Claudia, CEO of Smarter Sorting. "Smarter Sorting is focused on how we can use data and computing to build a better world. Through our Product Intelligence Platform™, we provide companies with product classification data for safety, health, transportation, disposal, and environmental regulations. This helps brands and retailers make more instant and informed decisions backed by accuracy."
Smarter Sorting harnesses its math, chemistry and computing expertise to help retailers and brands do good for business while simultaneously doing good for the environment. To date, Smarter Sorting customers have achieved a 63 percent reduction in regulated waste using computational chemistry and 93 percent diversion to recycling or donation to charities.
Entries were judged on creativity, innovation, originality, measurable impact and needed to be designed to help solve an environmental issue. Awards were given in three categories: Top 50 ranking, Ones to Watch, and Eco Innovation Allies. All winners will be featured in the Q3 2022 issue of Real Leaders magazine, on Real-Leaders.com, and will be promoted across social media.
"This is such a critical moment for our planet," says Julie Van Ness, CEO of Real Leaders. "The latest IPCC report's dire climate warning has made it clear there is no time to waste. It's going to take all of us working together, especially business leaders who can leverage their influence and power in service to the planet. That's why we dedicated our Q3 issue to business-led solutions for tackling the climate crisis; and we're excited to introduce the world to our Eco Innovation Award-winning companies and CEOs who are doing just that. This issue is a must-read for purpose-driven leaders who want to be a part of the solution."
Real Leaders magazine can be found in Barnes & Noble bookstores, on airport newsstands, and in Delta executive lounges. Additionally, both print and digital subscriptions are available on Real-Leaders.com.
ABOUT REAL LEADERS
Real Leaders is a membership community for impact leaders with a global media platform dedicated to driving positive change. It's on a mission to unite farsighted leaders to transform our shortsighted world. Founded in 2010, Real Leaders recognized early on that businesses bore a responsibility to be as cognizant of their impact on employees, society, and the planet as they are on their bottom line. Real Leaders is a B Corporation, member of the UN Global Compact, and is independently owned.
LinkedIn: Real Leaders
Instagram: @Real_Leaders
Twitter: @Real_Leaders
Facebook: @RealLeadersMagazine
Hashtag: #RealLeadersImpactAwards
ABOUT SMARTER SORTING
Based in Boulder, Colo., Austin, Texas, and Los Angeles, Smarter Sorting helps companies make, market and move consumer products better. Its customers include national discount club stores and supermarkets, as well as the brands they sell. The company's customers use its Product Intelligence Platform to gain product insights and identify how to best handle regulated consumer products across the supply chain to remain compliant, avoid fines and reduce their environmental impact. Awards for innovation, impact and employee experience include: Fast Company Most Innovative Companies, Built In Best Place to Work, Real Leader Impact Award and SEAL Sustainable Innovation Award. Smarter Sorting is an Unreasonable Impact company.
www.smartersorting.com
Contacts:
Heather Mann, General Manager, Real Leaders, Inc., heather@real-leaders.com
Terri Douglas, Catapult, press@smartersorting.com
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SOURCE Smarter Sorting | https://www.kxii.com/prnewswire/2022/07/06/real-leaders-unveils-its-inaugural-eco-innovation-award-winners/ | 2022-07-06T13:35:12Z |
The annual event featured renowned speakers and business-growth opportunities for conference attendees
DENVER, Aug. 16, 2022 /PRNewswire/ -- Over 1,100 RE/MAX leaders and guests gathered at the Gaylord Opryland Resort & Convention Center in Nashville, TN this week for the global real estate franchisor's 2022 RE/MAX Broker Owner Conference (BOC). The three-day event included many BOC staples – Opening General Session, impactful speakers, networking opportunities, Children's Miracle Network Hospitals® Auction, Approved Supplier Marketplace, and a full range of educational sessions focused on brokerage strategies, technology and the overwhelming value of a productive culture.
RE/MAX, LLC President and CEO Nick Bailey began the Opening General Session by noting the rebalancing of the housing market and the opportunities a slower market creates for brokerages that are able to help agents close more sales in less frenzied conditions. Bailey pointed to the historic resilience of the RE/MAX network during slower economic times, and encouraged attendees to stay focused on supporting their agents with the best tools and resources.
"The question for me is not whether people will buy and sell homes," he said. "The question is who are the agents who are going to be helping people buy and sell during this market? Times like these are when RE/MAX shines because of the level of productivity in our network."
During the Opening General Session, Bailey also highlighted the new enterprise relationship with Inside Real Estate that will give affiliates in company-owned regions in the U.S. and Canada access to the kvCORE platform – branded "MAX/Tech powered by kvCORE" – at no additional cost. Bailey was joined on stage by Inside Real Estate CEO Joe Skousen and the two outlined why the relationship is such a good fit with each business leader viewing success as a part of their companies' DNA.
Citing another initiative aimed at helping entrepreneurs build their businesses through RE/MAX resources, Bailey recounted details of the recently announced Team Pilot Program. The pilot, designed to incentivize the growth of existing RE/MAX teams, strengthen retention, and – especially – help Broker/Owners recruit teams of six or more licensees, is available for eligible brokers who opt in within the states of California, Florida, Maryland, New Jersey and Texas.
The session also featured a live conversation between Amy Lessinger, RE/MAX Senior Vice President, Region Development, and Steve Murray, industry expert and partner, RealTrends Consulting, on mergers, acquisitions and conversions. The climate is ripe for brokerages to use M&A as a growth strategy – and RE/MAX, LLC can help in such transactions, advised Lessinger.
"We want to help RE/MAX brokers with their growth strategy, helping them grow exponentially rather than one agent at a time," said Lessinger. "RE/MAX has the strategy and team in place to help match business owners looking to exit or grow at a larger scale."
Attendees also had the opportunity to hear from RE/MAX Chairman and Co-Founder Dave Liniger, who offered a fascinating look at how the network's past aligns with its present and future. Although RE/MAX has changed and evolved since its founding nearly 50 years ago, Liniger said, the roots of its success – service, professionalism, productivity – remain as evident and relevant as ever.
Keynote speaker Vernice "Flygirl" Armour, America's first Black female combat pilot and celebrated author, discussed strategies for accomplishing goals, encouraging the audience to rev up their businesses and "get gutsy."
Bailey ended his remarks thanking the RE/MAX network for their incredible productivity as well as Dave and RE/MAX Vice Chair of the Board and Co-Founder Gail Liniger for the lasting legacy they've built at RE/MAX. "We're a financially strong, profitable company and much of that can be credited to how Dave and Gail started this business." Nodding to the competitive nature of many RE/MAX agents, Bailey joked this company is built on the backs of agents fighting for the listing but lifting each other up along the way.
The conference concluded on Tuesday with a notable address from Scott Hamilton, Olympic gold medalist and four-time world champion figure skater. RE/MAX Broker/Owners will gather again next year for the 2023 BOC conference in Chicago, August 6-8.
About the RE/MAX Network
As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 140,000 agents in almost 9,000 offices and a presence in more than 110 countries and territories. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides. RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. RE/MAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children's Miracle Network Hospitals® and other charities. To learn more about RE/MAX, to search home listings or find an agent in your community, please visit www.remax.com. For the latest news about RE/MAX, please visit news.remax.com.
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SOURCE RE/MAX, LLC | https://www.kxii.com/prnewswire/2022/08/16/remax-broker-owner-conference-provides-franchisees-with-valuable-resources-help-grow-their-businesses-amid-changing-market/ | 2022-08-16T21:46:23Z |
NEW YORK, Aug. 19, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Inotiv, Inc. (NASDAQ: NOTV).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/inotiv-inc-loss-submission-form/?id=30968&from=4
The lawsuit seeks to recover losses for shareholders who purchased Inotiv between September 21, 2021 and June 13, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 22, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Inotiv, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Inotiv's acquisition, Envigo RMS, LL ("Envigo"), and Inotiv's Cumberland, Virginia facility (the "Cumberland Facility") engaged in widespread and flagrant violations of the Animal Welfare Act ("AWA"); (2) Envigo and Inotiv's Cumberland Facility continuously violated the AWA; (3) Envigo and Inotiv did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, Inotiv was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) Inotiv did not engage in proper due diligence; and (7) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/08/19/notv-shareholder-alert-jakubowitz-law-reminds-inotiv-shareholders-lead-plaintiff-deadline-august-22-2022/ | 2022-08-19T10:02:36Z |
WASHINGTON (AP) — The Biden administration on Wednesday responded to Iran’s latest offer to resume its compliance with the 2015 nuclear deal, but neither side is offering a definitive path to revive the agreement, which has been on life-support since former President Donald Trump withdrew from it in 2018.
State Department spokesman Ned Price confirmed that the administration completed its review of Iran’s comments on a European proposal. Price did not detail the administration’s response.
“As you know, we received Iran’s comments on the EU’s proposed final text through the EU,” Price said. “Our review of those comments has now concluded. We have responded to the EU today.”
There is now expected to be another exchange of technical details followed by a meeting of the joint commission that oversees the deal. The new developments, including stepped-up public messaging campaigns by both Tehran and Washington, suggest that an agreement could be near.
Despite the forward movement, numerous hurdles remain. And key sticking points could still unravel efforts to bring back the 2015 deal under which Iran received billions of dollars in sanctions relief in exchange for curbs on its nuclear program intended to prevent it from developing an atomic weapon.
Even U.S. supporters of an agreement are no longer referring to the “longer and stronger” deal that they had initially set out to win when indirect negotiations with Iran began last spring. And, on the Iranian side, demands for greater U.S. sanctions relief than the administration appears willing or able to promise could undercut the push to revive the agreement.
In Washington, the Biden administration faces considerable political opposition to returning to the 2015 deal from both Democrats and Republicans in Congress who remain unconvinced that it is in U.S. national security interests.
“I intend to systematically fight the implementation of this catastrophic deal, and will work with my colleagues to ensure that it is blocked and eventually reversed in January 2025,” said Republican Sen. Ted Cruz of Texas.
The recent indictment of an Iranian for plotting to murder Trump’s former national security adviser John Bolton and the attack by an apparent Iran sympathizer on the author Salman Rushdie have further contributed to doubts that Iran can be trusted.
The latest EU proposal does not include Tehran’s demand that the U.S. lift the terrorism designation of Iran’s Revolutionary Guards Corps, and Iran has stepped back from a demand that the International Atomic Energy Agency close its investigation into unexplained traces of uranium at three undeclared sites, according to a senior administration official who requested anonymity to discuss ongoing efforts to resurrect the deal.
But, rescinding the terrorism designation imposed by Trump was never a realistic demand. Not only does it fall outside the scope of the nuclear deal, it was made virtually impossible since the Bolton plot indictment, ongoing Iranian threats to other former U.S. officials, and the Rushdie attack.
And, while Iran may have agreed to a mechanism to eventually return to the deal without the IAEA investigation being closed up front, it has said that its actual compliance with an agreement remains contingent on getting a clean bill of health from the agency.
White House National Security Council spokesman John Kirby declined to characterize the administration’s response to the EU, but noted “we are closer now than we were even just a couple of weeks ago because Iran made a decision to make some concessions.”
“We’re not there yet,” Kirby. “And because we’re not there yet, I think we’re just going to be relatively careful here about how much detail we put out there.”
And, Iranian officials on Tuesday bristled at the suggestion that they’ve stepped back from their demands to re-enter the deal.
Seyed Mohammad Marandi, an Iranian adviser to the indirect talks in Vienna, took to Twitter on Tuesday to assert that removing the IRGC from the State Department’s foreign terrorism list was never a precondition and insisted that “no deal will be implemented before the IAEA Board of Directors PERMANENTLY closes the false accusations file.”
Meanwhile, America’s top ally in the Middle East, Israel, has become increasingly alarmed at the apparent movement toward a deal. Israeli Prime Minister Yair Lapid on Wednesday urged Biden and Western powers to call off an emerging nuclear deal with Iran, saying that negotiators are letting Tehran manipulate the talks.
“The countries of the West draw a red line, the Iranians ignore it, and the red line moves,” Lapid told reporters at a press conference in Jerusalem.
Israeli alternate prime minster Naftali Bennett on Tuesday noted that Israel is not party to the 2015 agreement signed by the five permanent members of the United Nations Security — the U.S., the United Kingdom, Russia, France, and China as well as Germany — but that Israel would be directly affected and reserved all rights to its self-defense.
Israel’s national security adviser Eyal Hulata is in Washington this week for talks with Biden administration officials, including a Tuesday meeting with White House national security adviser Jake Sullivan. Hulata is scheduled to meet with Deputy Secretary of State Wendy Sherman later Wednesday.
National Security Council spokeswoman Adrienne Watson said Sullivan underscored Biden’s steadfast “commitment to ensure Iran never acquires a nuclear weapon” during his conversation with Hulata.
The White House insists that the terms under discussion include the key underpinnings of the 2015 deal. The U.S. would lift hundreds of sanctions the Trump administration re-imposed when it withdrew from the deal in 2018. And Iran would roll back its nuclear program to the limits set by the original nuclear deal, including caps on enrichment, how much material it can stockpile and the operation of advanced centrifuges needed to enrich.
However, it remains unclear what exactly would happen to Iran’s current stockpile of highly enriched uranium and what it would be required to do with the advanced centrifuges it has been spinning. The White House has said both would be “removed” but has not offered details.
As of the last public count, Iran has a stockpile of some 3,800 kilograms (8,370 pounds) of enriched uranium. Under the deal, Tehran could enrich uranium to 3.67% purity, while maintaining a stockpile of uranium of 300 kilograms (660 pounds) under constant scrutiny of surveillance cameras and international inspectors.
In terms of sanctions relief, Iran has been demanding that the administration pledge that a future president not be allowed to re-impose the lifted penalties as Trump did and promise that Congress will repeal statutory sanctions legislation passed initially to force Iran back to the negotiating table. The administration is in no position to guarantee either. | https://cw33.com/news/politics/ap-politics/biden-administration-responds-to-irans-offer-on-nuke-deal/ | 2022-08-25T12:05:15Z |
WASHINGTON, Aug. 31, 2022 /PRNewswire/ -- NASA is targeting 2:17 p.m. EDT on Saturday, Sept. 3, for the launch of Artemis I, the first integrated test of NASA's Space Launch System (SLS) rocket, Orion spacecraft, and the ground systems at the agency's Kennedy Space Center in Florida. There is a two-hour launch window for the next attempt.
The Artemis I flight test is an uncrewed mission around the Moon that will pave the way for a crewed flight test and future human lunar exploration as part of Artemis.
Live coverage of events will air on NASA Television, the NASA app, and the agency's website at:
The launch countdown will resume Saturday, Sept. 3, at the opening of a planned 2.5 hour built in hold, which will begin at 4:37 a.m.
Managers waved off the first launch attempt Aug. 29 when launch controllers were unable to chill down the four RS-25 engines, with one engine showing higher temperatures than the other engines. Teams currently are analyzing data, updating procedures, and checking out hardware to address the issues.
A limited number of seats inside the auditorium at Kennedy will be available to on-site journalists previously credentialed on a first-come, first-served basis. The deadline has passed for media accreditation for in-person coverage of this launch.
To participate by telephone, media must RSVP no later than two hours before the start of each briefing to: ksc-newsroom@mail.nasa.gov.
Media and members of the public may also ask questions on social media using #Artemis. Audio only of the news conferences will be carried on the NASA "V" circuits, which may be accessed by dialing 321-867-1220, -1240, -1260 or -7135.
NASA's media accreditation policy for virtual and on-site activities is available online. More information about media accreditation at Kennedy is available by emailing: ksc-media-accreditat@mail.nasa.gov.
Full launch coverage is as follows. All times are Eastern, all events will air live on NASA TV, and the information is subject to change based on real-time operations. Follow NASA's Artemis blog for updates.
Thursday, Sept. 1
6 p.m.: NASA will hold a prelaunch media briefing following a mission management team meeting with the following participants:
- Mike Sarafin, Artemis mission manager, NASA Headquarters
- Charlie Blackwell-Thompson, Artemis launch director, Exploration Ground Systems Program, Kennedy
- John Honeycutt, SLS program manager, NASA's Marshall Space Flight Center
- Melody Lovin, weather officer, Space Launch Delta 45
Friday, Sept. 2
9 a.m. – NASA will hold a prelaunch media briefing on the status of the countdown with the following participants:
- Jeff Spaulding, Artemis senior NASA test director, NASA Kennedy
- Melody Lovin, weather officer, Space Launch Delta 45
Saturday, Sept. 3
5:45 a.m.: Coverage begins with commentary of tanking operations to load propellant into the SLS rocket.
12:15 p.m.: Full coverage begins in English. Launch coverage will continue through translunar injection and spacecraft separation, setting Orion on its path to the Moon.
1 p.m.: Launch coverage begins in Spanish on NASA's Spanish-language YouTube account and will continue approximately 15 minutes after liftoff. Mission coverage updates will be posted on the NASA en español social media channels.
6 p.m.: Coverage of the postlaunch news conference will follow approximately one hour after the live launch broadcast ends. Coverage start time is subject to change, based exact liftoff time. The postlaunch news conference will include the following participants:
- Bill Nelson, NASA administrator
- Mike Sarafin, Artemis mission manager, NASA Headquarters
- Mike Bolger, Exploration Ground Systems Program manager, Kennedy
- Howard Hu, Orion Program manager, NASA's Johnson Space Center
- John Honeycutt, Space Launch System Program manager, Marshall
- Emily Nelson, chief flight director, Johnson
9:45 p.m.: Coverage of Orion's first outbound trajectory burn on the way to the Moon. Time of coverage start time is subject to change, based on exact liftoff time.
10:15 p.m.: Coverage of first Earth views from Orion during outbound coast to the Moon.
NASA Television coverage of additional events throughout the mission is available online.
NASA Launch Coverage in English
Briefings and launch coverage will be available on the NASA website. Coverage will include live streaming and blog updates. On-demand streaming video and photos of the launch will be available shortly after liftoff.
Follow countdown coverage on NASA's Artemis blog at:
https://blogs.nasa.gov/artemis
Live NASA TV coverage leading to launch will begin with commentary of tanking operations at 5:45 a.m. Saturday, Sept. 3, followed by launch coverage beginning at 12:15 p.m. Launch coverage will stream on the NASA website, as well as Facebook, Twitch, NASA YouTube, and in 4k on NASA's UHD channel.
For NASA TV downlink information, schedules, and links to streaming video, visit:
On launch day, a "clean feed" will be carried on the NASA TV media channel featuring views of the rocket and audio from a commentator in the Launch Control Center throughout and a single channel of mission audio beginning 15 minutes before launch. On launch day, countdown activities with audio of the launch control commentator will be available starting at 5:45 a.m. by dialing 1-844-467-4685; Passcode: 557460; listeners will hear a single channel of mission audio beginning 15 minutes before launch. Full audio from the launch broadcast will begin at 12:15 p.m. and will be carried on 321-867-1220, -1240, -1260 or –7135.
Launch also will be available on local amateur VHF radio frequency 146.940 MHz and UHF radio frequency 444.925 MHz, FM mode, heard within Brevard County on the Space Coast.
NASA Launch Coverage in Spanish
NASA's broadcast of the launch in Spanish will include interviews with Hispanic members of the mission and live commentary.
The show, which will begin at 1 p.m. Saturday, Sept. 3, will be available on NASA en español's YouTube account, and will continue approximately 15 minutes after liftoff. Mission coverage will then follow on the NASA en español social media channels.
Media and educational institutions interested in sharing the stream of the show can contact María José Viñas at: maria-jose.vinasgarcia@nasa.gov.
Attend Launch Virtually
Members of the public can register to attend the launch virtually. NASA's virtual guest program for the mission includes curated launch resources, notifications about related opportunities or changes, and a stamp for the NASA virtual guest passport following a successful launch.
Watch, Engage on Social Media
Stay connected with the mission and let people know you are following the launch on Twitter, Facebook, and Instagram with #Artemis. Follow and tag these accounts:
Twitter: @NASA, NASAArtemis
Facebook: NASA, NASAArtemis
Instagram: NASA, NASAArtemis
Through Artemis missions, NASA will land the first woman and the first person of color on the Moon, paving the way for a long-term lunar exploration and serving as a steppingstone to send astronauts to Mars.
For more information about the Artemis I mission, visit:
https://www.nasa.gov/specials/artemis-i
Para obtener información sobre cobertura en español en el Centro Espacial Kennedy o si desea solicitar entrevistas en español, comuníquese con Antonia Jaramillo at: antonia.jaramillobotero@nasa.gov or 321-501-8425.
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SOURCE NASA | https://www.kxii.com/prnewswire/2022/08/31/nasa-sets-coverage-artemis-i-moon-mission-next-launch-attempt/ | 2022-08-31T19:49:16Z |
THOUSAND OAKS, Calif., June 10, 2022 /PRNewswire/ -- Amgen (NASDAQ:AMGN) will present at the Goldman Sachs 43rd Annual Healthcare Conference at 1:40 p.m. ET on Wednesday, June 15, 2022. David M. Reese, M.D., executive vice president of Research and Development and Peter H. Griffith, executive vice president and chief financial officer at Amgen will present at the conference. The webcast will be broadcast over the internet simultaneously and will be available to members of the news media, investors and the general public.
The webcast, as with other selected presentations regarding developments in Amgen's business given by management at certain investor and medical conferences, can be found on Amgen's website, www.amgen.com, under Investors. Information regarding presentation times, webcast availability and webcast links are noted on Amgen's Investor Relations Events Calendar. The webcast will be archived and available for replay for at least 90 days after the event.
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2021, Amgen was named one of the 25 World's Best Workplaces™ by Fortune and Great Place to Work™ and one of the 100 most sustainable companies in the world by Barron's.
For more information, visit www.amgen.com and follow us on www.twitter.com/amgen.
CONTACT: Amgen, Thousand Oaks
Megan Fox, 805-447-1423 (media)
Jessica Akopyan, 805-447-0974 (media)
Arvind Sood, 805-447-1060 (investors)
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SOURCE Amgen | https://www.mysuncoast.com/prnewswire/2022/06/10/amgen-announces-webcast-goldman-sachs-43rd-annual-healthcare-conference/ | 2022-06-10T20:43:50Z |
BEIJING, July 11, 2022 /PRNewswire/ -- Fuwei Films (Holdings) Co., Ltd. (NASDAQ: FFHL) ("Fuwei Films" or the "Company"), a manufacturer and distributor of high-quality BOPET plastic films in China, today announced that the Company will conduct a one-time comprehensive maintenance program, which includes replacing some of the machine parts in the second production line (DMT production line) starting from July 12, 2022. The second production line has been operating without a pause for a substantial time, making this decision necessary. The estimated downtime for the maintenance will be 15 days.
Mr. Lei Yan, Chairman and CEO of Fuwei Films, commented, "The maintenance is to ensure the second production line is in good working order and functioning properly so that we can continue to improve and better meet customers' needs for the products."
About Fuwei Films
Fuwei Films conducts its business through its wholly-owned subsidiary, Fuwei Films (Shandong) Co., Ltd. ("Shandong Fuwei"). Shandong Fuwei develops, manufactures, and distributes high-quality plastic films using the biaxial-oriented stretch technique, otherwise known as BOPET film (biaxially-oriented polyethylene terephthalate). Fuwei's BOPET film is widely used for packaging food, medicine, cosmetics, tobacco, and alcohol, as well as in the imaging, electronics, and magnetic products industries.
Safe Harbor
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is subject to risks. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the U.S. Securities and Exchange Commission which, among other things, include negative impacts of the determination of the U.S. Securities and Exchange Commission that the Public Company Accounting Oversight Board ("PCAOB") is currently unable to inspect our auditor in relation to their audit work and the potential that our ordinary shares will be prohibited from trading in the United States under the Holding Foreign Companies Accountable Act ("HFCAA") in 2024 if the PCAOB is unable to inspect or fully investigate auditors located in China, or 2023 if proposed changes to the law are enacted, the significant oversupply of BOPET films resulting from the rapid growth of the Chinese BOPET industry capacity, changes in the international market and trade barriers, especially the uncertainty of the antidumping investigation and imposition of an anti-dumping duty on imports of the BOPET films originating from the People's Republic of China ("China") conducted by certain countries; uncertainty around coronavirus (COVID-19) outbreak and the effects of government and other measures seeking to contain its spread, potential delisting of our ordinary shares under the Holding Foreign Company Affordable Act if the US Public Company Accounting Oversight Board is unable to inspect our auditors located in China, uncertainty around U.S.-China trade war and its effect on the Company's operation, fluctuations of the RMB exchange rate, and our ability to obtain adequate financing for our planned capital expenditure requirements; uncertainty as to our ability to continuously develop new BOPET film products and keep up with changes in BOPET film technology; risks associated with possible defects and errors in our products; uncertainty as to our ability to protect and enforce our intellectual property rights; uncertainty as to our ability to attract and retain qualified executives and personnel; and uncertainty in acquiring raw materials on time and on acceptable terms, particularly in view of the volatility in the prices of petroleum products in recent years. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release. The actual results of our operations may differ materially from the information contained in the forward-looking statements due to the risk factors.
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SOURCE Fuwei Films | https://www.wibw.com/prnewswire/2022/07/11/fuwei-films-announces-maintenance-project-second-production-line/ | 2022-07-11T20:41:48Z |
NEW YORK, May 5, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Flexible Solutions International Inc. (NYSE: FSI)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Flexible Solutions International Inc. (NYSE: FSI) in connection with the proposed merger of FSI with Lygos, Inc. ("Lygos"). Under the terms of the merger agreement, Lygos issued $160 million worth of convertible notes with a 5.5% fixed annual interest rate and a five-year maturity. The conversion price of the convertible note will be set 12 months to the date of the note, and the pricing terms will be set upon the trading price of the future equity but will be set within a market capitalization range of no less than $250 million or no greater than $350 million. If you own FSI shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/fsi
Natus Medical Incorporated (NASDAQ: NTUS)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Natus Medical Incorporated (NASDAQ: NTUS), in connection with the proposed acquisition of NTUS by an affiliate of ArchiMed. Under the terms of the merger agreement, NTUS shareholders will receive $33.50 in cash for each share of NTUS common stock owned. If you own NTUS shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/ntus
American Campus Communities, Inc. (NYSE: ACC)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of American Campus Communities, Inc. (NYSE: ACC), in connection with the proposed acquisition of ACC by Blackstone Inc. (NYSE: BX). Under the terms of the merger agreement, ACC shareholders will receive $65.47 in cash for each share of ACC common stock owned. If you own ACC shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/acc
Checkmate Pharmaceuticals, Inc. (NASDAQ: CMPI)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Checkmate Pharmaceuticals, Inc. (NASDAQ: CMPI), in connection with the proposed acquisition of CMPI by Regeneron Pharmaceuticals, Inc. via a tender offer. Under the terms of the merger agreement, CMPI shareholders will receive $10.50 in cash for each share of CMPI common stock owned. If you own CMPI shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/cmpi
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SOURCE Weiss Law | https://www.kxii.com/prnewswire/2022/05/05/shareholder-alert-weiss-law-reminds-fsi-ntus-acc-cmpi-shareholders-about-its-ongoing-investigations/ | 2022-05-06T01:28:07Z |
NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE: TUP) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Tupperware investors who were adversely affected by alleged securities fraud between November 3, 2021 and May 3, 2022. Follow the link below to get more information and be contacted by a member of our team:
TUP investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full-year 2022 guidance was unrealistic and/or unsustainable; (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Tupperware during the relevant time frame, you have until August 15, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/06/30/tup-lawsuit-alert-levi-amp-korsinsky-notifies-tupperware-brands-corporation-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-30T11:35:38Z |
LOS ANGELES , June 6, 2022 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against AbbVie Inc. ("AbbVie" or "the Company") (NYSE: ABBV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between April 30, 2021 and August 31, 2021, inclusive (the ''Class Period''), are encouraged to contact the firm before June 6, 2022.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. The FDA's safety concerns about JAK inhibitors such as Pfizer's Xeljanz extended to AbbVie's Rinvoq. It was likely that the FDA would delay approval of additional treatment indications for Rinvoq and would require additional safety warnings for the drug. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about AbbVie, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
SOURCE: The Schall Law Firm
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SOURCE The Schall Law Firm | https://www.mysuncoast.com/prnewswire/2022/06/06/final-deadline-alert-schall-law-firm-encourages-investors-abbvie-inc-with-losses-100000-contact-firm/ | 2022-06-06T15:45:26Z |
NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Verrica Pharmaceuticals, Inc. ("Verrica" or the "Company") (NASDAQ: VRCA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Verrica investors who were adversely affected by alleged securities fraud between May 28, 2021 and May 24, 2022. Follow the link below to get more information and be contacted by a member of our team:
VRCA investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) there were manufacturing deficiencies at the facility where Verrica's contract manufacturer produced a bulk solution for the Company's lead product candidate, VP-102; (2) these deficiencies were not remediated when Verrica resubmitted its New Drug Application for VP-12 for molluscum; (3) the foregoing presented significant risks to Verrica obtaining regulatory approval of VP-102 for molluscum; and (4) 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.
WHAT'S NEXT? If you suffered a loss in Verrica during the relevant time frame, you have until August 5, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/06/30/vrca-lawsuit-alert-levi-amp-korsinsky-notifies-verrica-pharmaceuticals-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-30T11:03:07Z |
Brad Johnson of ‘Melrose Place,’ Marlboro Man ads dies at 62
LOS ANGELES (AP) — Brad Johnson, who jumped from rodeo cowboy to portraying the Marlboro Man in cigarette spots and film and TV roles including Steven Spielberg’s “Always” and “Melrose Place,” has died. He was 62.
Johnson died Feb. 18 in Fort Worth, Texas, of complications from COVID-19, his agent, Linda McAlister, said Saturday.
Johnson played opposite Holly Hunter in 1989′s “Always,” a remake of a 1943 film (“A Guy Named Joe”) about firefighting pilots. He played a pilot again in the 2000 religious apocalyptic thriller “Left Behind,” starring Kirk Cameron, and was in its two sequels.
He worked regularly on TV, including in the recurring role of Dr. Dominick O’Malley in “Melrose Place”; “Rough Riders,” “Soldier of Fortune, Inc.” and “CSI: Crime Scene Investigation.”
Johnson was born in October 1959 to parents Grove, a horse trainer, and Virginia, in Tucson, Arizona. After competing in rodeos as a youth, he began his professional rodeo career in 1984 and was discovered by a movie scout, according to a family biography.
His work as an actor and as a Marlboro Man — one of a succession used by the brand — brought Johnson and his wife, Laurie, to California. They eventually moved their family to a ranch in New Mexico and the Colorado mountains before settling in north Texas. He sold ranchland real estate there.
“As much as he loved cowboying and the outdoors, Brad loved nothing more than his family. He put them before himself in every way and they know that they could not have been blessed with a better husband and father,” his family said in a statement.
“Although he was taken too early, he lived life to the fullest,” they said.
Johnson’s survivors include his wife of 35 years, Laurie, as well as their children Shane, Bellamy, Rachel, Eliana, Eden, Rebekah, Annabeth and William, and Johnson’s stepmother, Teresa Johnson.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/05/brad-johnson-melrose-place-marlboro-man-ads-dies-62/ | 2022-06-05T13:10:06Z |
CLEVELAND and BALTIMORE and PITTSBURGH and ST. CLAIR SHORES, Mich., June 8, 2022 /PRNewswire/ -- Cohen & Company is pleased to announce the following partner promotions. Photos are available upon request.
Ryan Broze, CPA | Pittsburgh, Pennsylvania
Ryan provides real estate investment and management companies, closely held entities and multimillion dollar family owned businesses with expertise related to tax planning and investor compliance. He assists start-ups, growth companies and those strategizing for an exit.
Dan Sexton, CPA, MS | St. Clair Shores, Michigan
Dan advises clients in the areas of tax planning and business operations, including those in manufacturing, professional services, and real estate and construction. He enjoys challenging tax situations, including advising clients on their complex tax compliance needs.
Andreana Shengelya, CPA, MT | Cleveland, Ohio
Having spent her career focused on the investment industry, Andreana has a range of tax consulting and compliance experience. She works with open- and closed-end mutual funds, exchange-traded funds, private investment funds, real estate investment trusts (REITs) and offshore funds.
Samantha Smudz, CPA, JD | Cleveland, Ohio
Focused on transactions, Samantha consults with clients on the potential tax impact of transactions. She conducts tax due diligence, tax modeling and transaction structuring. Samantha also has expertise in complex consolidated return issues, internal restructuring, and analyses of earnings and profits, stock basis and the tax treatment of transaction costs.
Christie Stravino, CPA, MS | Baltimore, Maryland
Christie's background includes serving a range of taxpayers, including partnerships, corporations and individuals. She works closely with real estate and investment management entities and their owners, including hedge funds, commodity pools and private equity funds.
Sean Abrams, CPA | Cleveland, Ohio
Sean provides practical solutions to complex accounting guidance, serving clients in industries such as manufacturing, distribution and professional services. In addition to traditional audits, he also has expertise in conducting employee benefit plan audits.
Joshua Swander, CPA | Cleveland, Ohio
Joshua primarily serves clients in the manufacturing, wholesale and distribution, and professional services industries. In addition to conducting audits and reviews, he has experience with complex entity structures, business combinations, consolidations, private equity owned companies, employee stock ownership plans and stock-based compensation plans.
Ken Randazzo | Cleveland, Ohio
Ken advises a wide range of domestic and international clients on both buy-side and sell-side business transactions. He focuses on areas such as quality of historical earnings, purchase price adjustment mechanisms, closing procedures and working capital requirements to maximize value for clients.
Visit cohencpa.com/partnerpromotions to learn more.
Named one of America's Best Tax and Accounting Firms by Forbes, and one of the fastest growing private companies in the country by Inc. Magazine, Cohen & Company offers assurance, tax and advisory services to clients throughout the U.S. and worldwide. The firm serves a broad range of clients, from privately held companies and their owners; to public and private funds, advisers and fund service providers within the investment industry; to Fortune 1000 multinational enterprises. Cohen & Company was founded in 1977; has more than 650 associates in Illinois, Ohio, Maryland, Michigan, New York, Pennsylvania and Wisconsin; and through affiliated entities has an international presence in the Cayman Islands and Ireland. Learn more at cohencpa.com.
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SOURCE Cohen & Company | https://www.mysuncoast.com/prnewswire/2022/06/08/cohen-amp-company-announces-partner-promotions/ | 2022-06-08T13:45:44Z |
WASHINGTON, July 14, 2022 /PRNewswire/ -- Blue Star Families (BSF), one of the nation's largest nonprofits dedicated to providing critical support to military-connected families by building and strengthening communities, today announced the addition of former Chief Executive Officer of USO Metropolitan New York Brian Whiting as Chief Transformation Officer.
"Thanks to the incredibly generous investment from MacKenzie Scott, we are able to rapidly accelerate our expansion plans," said Blue Star Families CEO Kathy Roth-Douquet. "Brian Whiting joining Blue Star Families is the key and first step in expanding our reach and furthering our vision that wherever American military families go, they can always feel connected, supported, and empowered to thrive - in every community, across the nation, and around the globe."
Whiting has a long history of serving our military and their families through 16 years of service as Chief Executive Officer of the USO of Metropolitan New York, Inc.. He has held leadership positions in the U.S. and abroad and served as a consultant with PricewaterhouseCoopers.
"I am honored and proud to join an organization that is at the forefront of connecting America's military families with their communities and fully-committed to developing solutions to the challenges faced by military and Veteran families," said Whiting. "As an organization grounded in research with a vast network of partners and supporters, I look forward to continuing the legacy of creating lasting solutions and expanding our reach into the hometowns and communities of our military families wherever they serve."
About Blue Star Families
Blue Star Families is the nation's largest grass-roots military family support organization, with a mission to support military families to improve military readiness. Its distinctive approach builds stronger communities around military families through knowledge and programs that address the unique needs of those who serve. Blue Star Families' nationally recognized surveys and analysis give military families an important voice that informs policymakers and its military family programs. It uses the power of its collective resources and cross-sector collaborations to make a difference in the lives of hundreds of thousands of members of military families to strengthen the troops, their families, and our nation as a whole. For more information, visit bluestarfam.org.
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SOURCE Blue Star Families | https://www.kxii.com/prnewswire/2022/07/14/former-ceo-uso-metropolitan-new-york-brian-whiting-joins-blue-star-families/ | 2022-07-14T10:20:19Z |
PALO ALTO, Calif., Aug. 6, 2022 /PRNewswire/ -- The Metaverse Commerce Network, founded by Internet pioneer Randy Adams, has taken a page from the wildly successful Yuga Labs, the creator of the Bored Apes Yacht Club™, APE Coins™ and The Otherside™ and created a similar structure for eCommerce in the Metaverse with Storefront NFTs, their MCN Coins™ and their Shopaverse™ destination shopping site.
Today they opened up a whitelist for 1,777 Shopaverse™ Early Access Pass NFTs giving owners early access to MCN's first dedicated shopping venue in the Metaverse.
Adams envisions the Shopaverse™ metaverse galaxy hosting millions of Web3 eCommerce merchants in thousands of digital twin venues around the world. The first of these venues is set to launch in early September and MCN is now signing up a whitelist for early access passes that will offer a chance to win 10,000 MCN Coins, Shopaverse's DAO voting coin and utility token.
The Genesis Edition of the MCN Storefront NFTs are also now available on for sale on OpenSea. The Storefront NFTs serve as deeds to the Shopaverse Stores and entitle the owner to commissions on sales in the stores. MCN intends to populate the Shopaverse with merchants from Shopify™ and Etsy™ by providing free migration applications to those merchants to help them extend their eCommerce into the Metaverse.
The Metaverse Commerce Network (MCN) is the brainchild of Randy Adams, serial entrepreneur, former Division President of the multi-billion-dollar retailer, Home Shopping Network and creator of the first eCommerce site on the Web, the Internet Shopping Network.
Interested parties can view MCNs' White Paper, sign up for the early access premint and follow MCN on Discord and Twitter.
Media Contact: Randy Adams, randy@mcn.gg, 650-228-3168
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SOURCE Metaverse Commerce Network | https://www.mysuncoast.com/prnewswire/2022/08/06/metaverse-commerce-network-takes-page-yuga-labs-premiers-shopaverse/ | 2022-08-06T18:39:14Z |
Best states to live in: Massachusetts, New Jersey and New York, report finds
(Gray News) - Are you looking for a new place to call home? Many people have relocated during the current pandemic.
But a lot goes into selecting a new place, especially if that location is in another state.
WalletHub compiled a list ranking the best states to live in this year.
The personal finance website compared 50 states based on 52 key indicators of livability. Those categories included the cost of living, job opportunities, education quality and safety.
According to WalletHub, Massachusetts was the No. 1 overall state, closely followed by New Jersey and New York. Idaho and Virginia rounded out the report’s top five.
Adam McCann, a financial writer with WalletHub, shared that Mississippi was ranked the lowest on the report, coming in at No. 50 overall. Alaska, Louisiana, Arkansas and New Mexico rounded out the bottom five states.
Some other key findings in the report were Iowa and Nebraska had the lowest housing costs in the country, while California and Hawaii had some of the highest prices.
Maine was found to have the fewest violent crimes per 1,000 residents. New Hampshire had the lowest share of residents living in poverty, while South Dakota was said to have the shortest average commute time.
The entire WalletHub report can be found here.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/18/best-states-live-massachusetts-new-jersey-new-york-report-finds/ | 2022-08-19T00:39:33Z |
BEVERLY, Mass., Aug. 18, 2022 /PRNewswire/ -- A fast-growing IoT startup specializing in embedded wireless solutions, Blues Wireless today announced the general availability of their new product, Sparrow. Sparrow is an efficient and economical solution to the last mile problem of internet-connecting a group of low-cost, low-power device sensors for shared data backhaul to the cloud. The developer kit provides a complete solution, with reference hardware, example firmware, and an easy-to-deploy web application.
Sensors are organized into clusters, and LoRa-based sensor data is routed through inexpensive Notecard-powered cellular gateways. The Notecard's unique developer experience was designed to simplify cellular, democratizing a capability formerly only available to sophisticated engineering firms. This simple developer experience enables unprecedented speed from concept-to-deployment.
Customers enjoying this rapid time-to-value have inquired as to whether Blues might also be able to deliver this development experience for all forms of wireless solutions, beyond just cellular. The Sparrow initiative does just that, extending this developer experience to a variety of new wireless scenarios. Beyond simplifying cellular, the full range of Notecard offerings now simplifies wireless across cellular, Wi-Fi and LPWAN technologies.
"When building wireless IoT solutions, developers sometimes run into scenarios that require lower-cost connectivity than they can achieve with a cellular or Wi-Fi module in every device," said Brandon Satrom, VP of Experience Engineering at Blues Wireless. "Sparrow provides low-cost LoRa-based sensors for these use cases and leverages the Notecard for cloud backhaul, to simplify and accelerate the process of building device cluster-based applications."
This is particularly evident in several fixed-location device cluster scenarios, such as occupancy sensing or facilities management solutions using smoke sensors. Sparrow offerings present an opportunity for dramatic per-sensor cost savings – with LoRa support as low as $1 per sensor.
The Sparrow developer kit is now available for purchase in the Blues Wireless online shop for prototype acceleration.
Founded in 2019, Blues Wireless is accelerating the path to IoT by providing simple, secure, and affordable full-stack solutions for connecting devices to the cloud. Notecard, their flagship product, is a highly secure System-on-Module (SoM) with embedded global cellular connectivity. Pre-paid connectivity and consumption-based pricing enables businesses to break free from the complexity of per-month, per-device subscription management. Enterprise use cases range from asset tracking and condition monitoring to AI at the edge and remote control. Blues is headquartered in Boston, Massachusetts. Create a connected world with Blues Wireless. Email hello@blues.com or visit blues.io for more information.
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SOURCE Blues Wireless | https://www.wibw.com/prnewswire/2022/08/18/developer-product-blues-wireless-accelerates-prototyping-low-power-iot-device-clusters/ | 2022-08-18T15:37:57Z |
NEW YORK, Sept. 8, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Humanigen, Inc. ("Humanigen" or the "Company") (NASDAQ: HGEN) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Humanigen investors who were adversely affected by alleged securities fraud between May 28, 2021 and July 12, 2022. Follow the link below to get more information and be contacted by a member of our team:
HGEN investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Humanigen's lead product candidate, lenzilumab, was less effective in treating hospitalized COVID-19 patients than defendants had represented; (ii) as a result, the U.S. Food and Drug Administration was unlikely to approve the lenzilumab Emergency Use Authorization and the ACTIV-5/BET-B study was unlikely to meet its primary endpoint; (iii) accordingly, lenzilumab's clinical and commercial prospects were overstated; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Humanigen during the relevant time frame, you have until October 25, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/09/08/hgen-lawsuit-alert-levi-amp-korsinsky-notifies-humanigen-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-09-08T10:40:59Z |
Inaugural Agreement Implemented with Overwhelming Majority of Support
VENTURA, Calif., Sept. 1, 2022 /PRNewswire/ -- Teamsters Local 186 members voted overwhelmingly to ratify their first contract with Dairy Farmers of America (DFA) on Tuesday. The 46 workers voted to organize with the union last year.
"It was a long hard fight," said Local 186 Secretary-Treasurer Abel Garcia. "But the members knew when they came to the Teamsters, they would receive better working conditions, pension benefits, wage increases, seniority, and just procedures for addressing workplace issues and disciplinary matters."
In addition to all of these benefits, the members also now have a contractual guarantee that scheduling will be done by seniority. DFA Negotiating Committee Member Ronnie Rosales was instrumental in adding valued input during negotiations. He kept his coworkers united throughout the bargaining process.
"Negotiations went on for over a year," sad Rosales. "With the patience of the members and the committee, we were able to secure what was most important for us."
"In the end, the workers won and that is what matters most," said Jedediah Johnson, Local 186 Business Agent and Lead Negotiator. "DFA workers – welcome to Teamsters Local 186!"
Teamsters Local 186 represents workers in a wide variety of industries throughout Ventura County, Calif. and the surrounding communities. For more information, go to https://www.teamsterslocal186.org/.
Contact:
Jed Johnson, (805) 644-0070
jedlocal186@yahoo.com
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SOURCE Teamsters Local 186 | https://www.mysuncoast.com/prnewswire/2022/09/01/teamsters-local-186-members-ratify-first-contract-with-dairy-farmers-america/ | 2022-09-01T16:28:31Z |
Announces the Release of The Ghost on the Mountain
WAITSFIELD, Vt., June 10, 2022 /PRNewswire/ -- Chooseco, publisher of the world-famous Choose Your Own Adventure® (CYOA) gamebooks has announced the release of The Ghost on the Mountain, a new Dragonlark for younger readers by CYOA Spies series author Kyandreia Jones.
This beautifully illustrated tale of a vacation to Haiti takes an unexpected turn when a friendly ghost reveals family secrets. Readers ages 5-8 will explore the beaches and terrain across this magical island while making new friends in an interactive gamebook containing nine different endings.
The Ghost on the Mountain is Kyandreia Jones's first Dragonlark, inspired by her own Haitian heritage. It is her third CYOA title. Her first two books, CYOA Spies: James Armistead Lafayette and CYOA Spies: Mary Bowser received numerous accolades and have been widely embraced by educators. Kyandreia's poetry and prose have been featured in publications such as Red Weather, Grasping Roots, The Black List Journal, and The Underground.
First-time-ever illustrator Manuel Mal hails from the Philippines and is inspired by picture books from his youth.
Choose Your Own Adventure gamebooks empower children through choice with different endings that encourage readers, especially reluctant readers, to engage with books in a new and exciting way to develop a love of reading.
The Ghost on the Mountain is available this summer wherever great literature for children is sold.
Chooseco is a purpose-built publisher who relaunched the groundbreaking Choose Your Own Adventure series of interactive gamebooks in 2006. Since then, Chooseco has sold over 15 million copies of bestselling, original, and all-new books, translated into 40 languages. Over 270 million books are in print worldwide. www.cyoa.com
Kyandreia Jones received her Creative Writing BFA from Hamilton College in Clinton, New York. She was born and raised in South Florida where she likes to muse that it instilled a "sunshine state of mind." Jones is a screenwriter as well as a Choose Your Own Adventure author. Her work has been featured in numerous publications. Jones values reading, writing, laughing, and promoting universal kindness. She lives in the Miami area with her dog, Noble.
Contact: Dottie Greene
Marketing Manager
802-214-3300
webmail@chooseco.com
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SOURCE Chooseco | https://www.kxii.com/prnewswire/2022/06/10/choose-your-own-adventure/ | 2022-06-10T11:18:21Z |
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