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NEW YORK, June 2, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Playstudios, Inc. ("Playstudios, Inc." or the "Company") (NASDAQ: MYPS) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Playstudios, Inc. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of a class consisting of all persons and entities other than defendants who: (a) purchased, or otherwise acquired securities of Playstudios between June 22, 2021 and March 1, 2022, both dates inclusive, including, but not limited to, those who purchased or acquired Playstudios securities pursuant to the offering of the private investment in public equity; (b) held common stock of Acies as of May 25, 2021, and were eligible to vote at Acies' June 16, 2021 special meeting who exchanged their shares of Acies stock for shares of Playstudios stock pursuant to the merger of Acies and Old Playstudios; and/or (c) purchased or otherwise acquired Playstudios common stock pursuant to or traceable to Acies' documents issued in connection with the June 2021 merger. Follow the link below to get more information and be contacted by a member of our team:
MYPS 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) Playstudios was having significant problems with its flagship game, Kingdom Boss; (ii) Playstudios would not be releasing Kingdom Boss as expected; and (iii) Playstudios had not revised its financial projections to account for the problems it had encountered with Kingdom Boss. As a result of defendants' wrongful conduct, Class members paid artificially inflated prices for their Playstudios securities and suffered substantial losses and damages.
WHAT'S NEXT? If you suffered a loss in Playstudios, Inc. during the relevant time frame, you have until June 6, 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/2022/06/02/myps-lawsuit-alert-levi-amp-korsinsky-notifies-playstudios-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-02T19:30:23Z |
Iconic San Dimas real estate brokerage helped pioneer the delivery of extraordinary experiences; plans continued growth and innovation in home & property investments
SAN DIMAS, Calif., June 30, 2022 /PRNewswire/ -- CENTURY 21 Citrus Realty is commemorating its historic 50th anniversary year celebrating five decades of positively impacting the lives of people and families, the communities where they live and work and the overall local, state and national economies. The iconic CENTURY 21 Citrus Realty, the longest remaining CENTURY 21® franchise in the global network, was founded on delivering extraordinary experiences to homebuyers, sellers and property investors, and its goal for the next 50 years is to expand that by staying ahead of the market and industry through innovation and a laser-like focus on personalized, memorable moments to help their clients and customers move fearlessly into their own real estate journey.
"For 50 years, the family of relentless sales professionals at CENTURY 21 Citrus Realty has been driven by a singular mission of serving real estate consumers with the best in-class quality service and care worthy of the single largest investment most people make in a lifetime," said Oscar "OJ" Rodriguez, broker owner. "Home is where the heart is, and we value and appreciate the trust people and families in our communities give us willingly knowing that our team will guide them to the best real estate outcomes possible."
Since opening the doors here in San Dimas in 1972, CENTURY 21 Citrus Realty has established itself as a thought leader and innovator in the global CENTURY 21® System of 14,000 offices in 84 countries worldwide. With state-of-the-art technology and a one-stop shop of products and services available to their agents and, in return, to their clients, CENTURY 21 Citrus Realty is well-positioned to keep its leadership positioning in the market. In fact, according to Century 21 Real Estate corporate records, in the C21® System, CENTURY 21 Citrus Realty is ranked #1 in San Gabriel Valley and #2 in the state of California (as of May, 2022) and has earned the CENTURY 21 brand's prestigious Presidents, Quality Service, and Grand CENTURION awards.
"As we take the time to reflect on the last five decades of CENTURY 21 Citrus Realty and its involvement with San Dimas and throughout the San Gabriel Valley, it's also important to recognize the bright future this organization has ahead of it," added Mike Miedler, president and CEO of Century 21 Real Estate LLC. "There are no better ambassadors of the CENTURY 21 brand."
Rodriguez is looking for relentless sales professionals to join his real estate company and invites area residents looking for a new career, or industry professionals looking for a new home, to visit him and the CENTURY 21 Citrus Realty team at 1100 Via Verde, San Dimas, CA 91773.
"We appreciate all of those who have supported us in the last 50 years, and to all who will in the years to come," added Rodriguez. "Our goal is to make every client feel uniquely special, and our 50th anniversary is a celebration of making that happen every day for the next five decades."
OJ" Rodriguez, the team at CENTURY 21 Citrus Realty and President/CEO of the global franchisor Century 21 Real Estate, Michael Miedler, extend a warm invitation to you to attend its "50th Anniversary Celebration" on Thursday, June 30 from 6-10 p.m. at the company's offices at 1100 Via Verde, San Dimas, CA 91773. Please reply to Peter L. Mosca, peter.mosca@century21.net or call/text, 732.841.4778.
CENTURY 21 Citrus Realty is an independently owned and operated franchise affiliate of Century 21 Real Estate, franchisor of the iconic CENTURY 21 brand, comprised of 146,000 independent sales professionals in approximately 14,000 offices spanning 84 countries and territories. Century 21 Real Estate has numerous websites to help answer specific consumer needs. They are century21.com, century21.com/global, century21.com/commercial, century21.com/finehomes and century21.com/espanol.
Century 21 Real Estate LLC is a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.
©2022 Century 21 Real Estate LLC. All Rights Reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are registered service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated.
Media Contact:
Peter L. Mosca
Century 21 Real Estate LLC, for
CENTURY 21 Citrus Realty
732.841.4778
peter.mosca@century21.net
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SOURCE Century 21 Real Estate LLC | https://www.wibw.com/prnewswire/2022/06/30/century-21-citrus-realty-celebrate-50th-anniversary-positively-impacting-people-families-community/ | 2022-06-30T17:05:39Z |
Which Polaroid instant cameras are best?
In 1948, photography and instant gratification converged when Edwin H. Land invented the first Polaroid camera. Since then, a plethora of new technologies have been developed, yet the Polaroid continues to be a memorable party favorite to cherish. When it comes to quality, convenience and technology, the Polaroid POP 2.0 3X4″ Instant Print Digital Camera is the top choice.
What to know before you buy a Polaroid instant camera
Refilling costs
Most Polaroid instant cameras require either ZINK paper or film. Considering film and ZINK paper usually contain only enough for around 10 prints per package, it gets expensive taking pictures with instant cameras.
Limited prints
As there is usually a small number of prints per package of paper or film, shooting with a Polaroid instant camera means you have a limited amount of shots available, so click wisely. Even if you buy a bulk supply of film or paper, when you run out, you still have to stop and refill, which can be an inconvenience when you’re in the moment creating memories.
Battery power
While some Polaroid instant cameras have rechargeable batteries, most take alkaline batteries. This is another form of frequent maintenance and cost involved in an instant camera that should be taken into consideration.
What to look for in a quality Polaroid instant camera
In the modern world, the top quality Polaroid cameras not only have the classic nostalgia of the past but also the technological upgrades of today. Now, you can find many Polaroid instant cameras that include features such as printing and editing options, an app to sync your smartphone with and a rechargeable battery.
Rechargeable battery
If you don’t want the hassle of changing batteries continuously, look for a Polaroid instant camera with a rechargeable battery and charging cable. This way, all you’ll have to do is plug it in to charge and get back to snapping photos!
App
Many Polaroid cameras are now extremely sophisticated and high tech. If you wish to send your Polaroid photograph straight to social media without having to capture a picture of the shot itself, look for the app feature. This is not on every modern Polaroid instant camera, but many have this option.
Printing options
Unlike with the original Polaroid cameras, many modern models allow you to select which shots you want to print out instead of being stuck with ones you don’t like. Another great option is being able to select where to print it to if you have other printers you want to send it to.
How much you can expect to spend on a Polaroid instant camera
Depending on where you purchase, for a small basic model, anywhere between about $50-$200. However, for the larger, vintage looking Polaroids, their prices can go all the way up to around $500.
Polaroid camera FAQ
Why are my prints blown out?
A. Due to most Polaroids being automatic cameras, you can’t control or edit light the way you can with digital. However, you can increase the quality of your prints by capturing soft, natural light, such as standing by a window sill in the daytime rather than in direct sun or under light bulbs.
Do I have to buy ink for my Polaroid instant camera?
A. No. Models in the past required ink cartridges, but through modern developments, the Polaroid technology does not currently need it.
What are the best Polaroid instant cameras to buy?
Top Polaroid instant camera
Polaroid POP 2.0 3 by 4-inch Instant Print Digital Camera
What you need to know: This is a great camera filled with digital enhancements while retaining the classic Polaroid touch.
What you’ll love: This compact camera conveniently prints from many different devices and the photos can be customized on the app before printing. It is the perfect gift or item to bring to any party. With Wi-Fi, you can instantly share photos from the camera to social media sites. It has a rechargeable battery, so all you have to do is plug in the included charging cable.
What you should consider: Some users complain that the ZINK paper quality is poor.
Where to buy: Sold by Amazon
Top Polaroid instant camera for the money
Polaroid Snap Touch Instant Print Digital Camera
What you need to know: It has many capabilities that include an LCD display, which doubles as a viewfinder or photo editor.
What you’ll love: It can sync with iPhone or Android devices via Bluetooth for printing and has the option to download and store 13 Megapixel photos on an SD card for easy transferal to a computer. It features a built-in “selfie mirror” as well as a timer to get the perfect group shots.
What you should consider: ZINK paper is less costly than film but still expensive regardless.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: This instant film camera gives classic photo booth vibes with its pocket-size photographs.
What you’ll love: This little camera has four scene settings and an automatic flash feature with sharp focus and vibrant colors. With instant printing that allows you to hold the photographs in your hand, it makes events fun, festive and memorable.
What you should consider: The film creates small, business card-sized photographs, not the classic blank square “Polaroid” look.
Where to buy: Sold by Amazon
Polaroid One Step 2 VF Coral Camera
What you need to know: This is a bright, fun and stylish Polaroid instant camera with some modern features to enjoy.
What you’ll love: This cheery looking camera features a self-timer, flash, as well as a flash override for outside scenery with harsh light. It includes a USB cable for charging and a neck strap for safety.
What you should consider: It does not feature high-tech abilities such as storing photos on an SD card.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/camera-photo-br/best-polaroid-instant-camera/ | 2022-06-04T19:51:31Z |
DALLAS, Aug. 16, 2022 /PRNewswire/ -- Alpine Advanced Materials welcomes David Brantner as Chief Executive Officer. David brings extensive strategy and corporate development expertise, as well as experience in all aspects of finance, operations, strategic sourcing/supply chain, and digital transformation.
Brantner comes to Alpine following four years of serving as a board member, consultant and private investor in the commercial aerospace industry. He is energized by helping to drive growth at smaller, private enterprises, is currently advising several P/E firms, and serves on the Board of Managers for NORDAM, an independently owned aerospace component company. Some recent achievements as an independent consultant include the execution of multi-billion dollar divestitures in direct support of the restructuring of Bombardier's Commercial Aircraft Business.
During his corporate career, Brantner oversaw the development and service introduction of the industry-leading PurePower® Geared Turbofan™ family of engines while serving as President of Pratt & Whitney's Commercial Engines division of United Technologies Corporation (now Raytheon). He also served as Vice President of Group Strategy and Development at Pratt & Whitney where he directed M&A activity and coordinated strategy across five divisions, executing over 30 transactions in 17 different countries. As a result of venture activity, Brantner served as board director for several high-growth private companies. David's UTC experience also includes Vice President, Customer, Strategy and Growth for UTC Aerospace Systems (now Collins Aerospace).
Outside UTC, Brantner's career included leading GKN Aerospace as President, where he supported the new generation of more composite aircraft with critical components on the A350, 787, A320neo, A220, 737MAX, and Embraer E2 aircraft, among others. These efforts achieved goals of reducing weight without compromising strength, while also improving efficiency. Joining Alpine, he continues his legacy of providing sustainable solutions not just to aviation, but to any industry looking for lighter, optimized designs.
"David has dedicated his career to sustainability, from helping usher in the generation of largely composite aircraft to the development of fuel-efficient engines. He knows how to effectively reduce weight for manufacturers without compromising strength, which is exactly what we do," said Joe D'Cruz, Executive Chairman of Alpine Advanced Materials. "Alpine is the perfect place for him to continue this legacy of reducing carbon outputs for not only new technology, but also existing platforms that are ideal for retrofitting with better, lighter parts."
David holds a master's in management from the Purdue University Krannert School of Management, a master's in business administration from ESC Rouen in France, and a bachelor's degree in finance from Northeastern University in Boston.
About Alpine Advanced Materials
Alpine Advanced Materials is a leading expert in the design and manufacture of custom-engineered parts for the world's most demanding aerospace, defense, energy, space, and outdoor applications. With experience across multiple industries, a collaborative approach, and deep expertise in designing for manufacturing, Alpine delivers the future of innovation.
Alpine's flagship nanocomposite material HX5® offers the strength of aluminum at half the weight with environmental and thermal performance to withstand the harshest environments. HX5 can be formed into complex shapes and easily coated without sacrificing strength, performance or aesthetics. From prototypes to full-scale injection molding production, HX5 is an ideal alternative to the cost and production challenges associated with aluminum. For more information, visit www.alpineadvancedmaterials.com.
Media contact: Ariel Herr, 469-235-2708, ariel.herr@alpineam.net
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SOURCE Alpine Advanced Materials | https://www.mysuncoast.com/prnewswire/2022/08/16/david-brantner-joins-alpine-advanced-materials-chief-executive-officer/ | 2022-08-16T15:03:09Z |
‘Just do the right thing’: Good Samaritan helps return nurse’s lost wallet
HORRY COUNTY, S.C. (WMBF/Gray News) - A South Carolina man says he wanted to set an example for his daughter by returning a lost wallet to its rightful owner.
WMBF reports it was a typical afternoon for Forestbrook resident Terence Sessions and his daughter, Jayla Bellamy, before the father spotted a wallet in the middle of the road after getting gas on Sept. 11.
“I turned around, ran into the road and picked it up,” Sessions said.
Instead of leaving it or turning it in at the store, Sessions said he looked at the driver’s license address and took his daughter for a short car ride.
When the father and daughter duo got to the address, they went up to the door, and a Ring doorbell captured Sessions arriving at the home.
Sessions said he wanted to make sure the wallet was back with its owner, while showing his daughter how easy it was to do the right thing.
“It was kind of like a life lesson,” Sessions said. “Since her mom passed away, I’ve just been trying to teach her little simple things to do when she gets older so she can stick with it when she’s not around me.”
The wallet’s owner, a nurse, shared what happened in a social media post that has received a lot of attention. She said she was asleep when Sessions rang the doorbell and thanked him for his kindness.
Sessions said he was surprised by how many people have since contacted him, commending him for his actions.
“You know, no matter what color you are, no matter what, just do the right thing,” Sessions said. “One person is looking down from above, so it’s always good to teach my daughter to do the right thing.”
Copyright 2022 WMBF via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/09/13/just-do-right-thing-good-samaritan-helps-return-nurses-lost-wallet/ | 2022-09-13T21:22:53Z |
LEHIGH VALLEY, Pa., Aug. 4, 2022 /PRNewswire/ --
Q3 FY22 (comparisons versus prior year):
- GAAP EPS# of $2.62, up 11 percent; GAAP net income of $587 million, up 10 percent; and GAAP net income margin of 18.4 percent, down 200 basis points
- Adjusted EPS* of $2.62, up 13 percent; adjusted EBITDA* of $1,081 million, up 11 percent; and adjusted EBITDA margin* of 33.9 percent, down 360 basis points
Recent Highlights
- Advancing the Energy Transition:
- Growing the Base On-site Business:
- Demonstrating Sustainability in Action:
Guidance
- Maintained fiscal 2022 full-year adjusted EPS guidance* of $10.20 to $10.40, up 14 percent at the midpoint, over prior year adjusted EPS*; fiscal 2022 fourth quarter adjusted EPS guidance* of $2.68 to $2.88, up seven to 15 percent over prior year fourth quarter adjusted EPS*
- Expect fiscal year 2022 capital expenditures* of over $4.5 billion
#Earnings per share is calculated and presented on a diluted basis from continuing operations attributable to Air Products.
*Certain results in this release, including in the highlights above, include references to non-GAAP financial measures on a consolidated, continuing operations basis and a segment basis. Additional information regarding these measures and reconciliations of GAAP to non-GAAP historical results can be found below. In addition, as discussed below, it is not possible, without unreasonable efforts, to identify the timing or occurrence of events and transactions that could significantly impact future GAAP EPS or cash flow used for investing activities if they were to occur.
Air Products (NYSE:APD) today reported third quarter fiscal 2022 results, including GAAP EPS from continuing operations of $2.62, up 11 percent over prior year, and GAAP net income of $587 million, up 10 percent over prior year due to higher pricing, higher equity affiliates' income and higher volumes, which were partially offset by higher costs driven by inflation, higher supply chain costs, and planned maintenance activities, as well as unfavorable currency due to the strengthening of the dollar. GAAP net income margin of 18.4 percent decreased 200 basis points, primarily driven by higher energy cost pass-through, which negatively impacted margin by approximately 250 basis points.
For the quarter, on a non-GAAP basis, adjusted EPS from continuing operations of $2.62 increased 13 percent over the prior year, and adjusted EBITDA of $1,081 million was up 11 percent over the prior year, due to higher pricing, higher equity affiliates' income and higher volumes, which were partially offset by higher costs driven by inflation, higher supply chain costs, and planned maintenance activities, as well as unfavorable currency due to the strengthening of the dollar. Adjusted EBITDA margin of 33.9 percent decreased 360 basis points, primarily driven by higher energy cost pass-through, which negatively impacted margin by approximately 500 basis points.
Third quarter sales of $3.2 billion increased 22 percent over the prior year on 15 percent higher energy cost pass-through, seven percent higher pricing and five percent higher volumes, partially offset by five percent unfavorable currency. Volume growth was driven by new assets, recovery in hydrogen in the Americas, better merchant demand, and higher sale of equipment activity. Pricing improved in the Americas, Asia and Europe—the Company's three largest segments.
Commenting on the results, Air Products' Chairman, President and Chief Executive Officer Seifi Ghasemi said, "Our people across the globe are executing on our strategy, which is fundamentally based on doing two things at the same time: running our base industrial gas business efficiently and continuing to invest in and grow it, while also being the first-mover in low- and zero-carbon hydrogen projects that help the world decarbonize and drive the broader energy transition. Despite significant, continued challenges in the world, our team's hard work and commitment are enabling the strength and stability of our business to shine through, as evidenced in our results this quarter."
Fiscal Third Quarter Results by Business Segment
- Americas sales of $1,416 million were up 33 percent over the prior year on 22 percent higher energy cost pass-through, eight percent higher pricing, and four percent higher volumes, partially offset by one percent unfavorable currency. Operating income of $299 increased five percent and adjusted EBITDA of $481 million increased three percent on the higher pricing and higher volumes in the base business, partially offset by costs for inflation, higher planned maintenance, and higher supply chain costs as well as favorable one-time items in the prior year. Operating margin of 21.1 percent decreased 580 basis points and adjusted EBITDA margin of 33.9 percent decreased 980 basis points, primarily due to higher energy cost pass-through, which lowered operating margin and adjusted EBITDA margin by approximately 450 basis points and 800 basis points, respectively.
- Asia sales of $751 million were flat versus the prior year, as two percent higher volumes and two percent higher pricing were offset by four percent unfavorable currency. Operating income of $211 million decreased four percent and adjusted EBITDA of $324 million decreased five percent, as the favorable volumes and pricing were more than offset by unfavorable currency as well as costs for higher planned maintenance, inflation, and higher supply chain costs. Operating margin of 28.0 percent decreased 110 basis points and adjusted EBITDA margin of 43.1 percent decreased 230 basis points.
- Europe sales of $740 million increased 23 percent over the prior year on 24 percent higher energy cost pass-through and 17 percent higher pricing across all product lines and sub-regions, partially offset by 15 percent unfavorable currency and three percent lower volumes. Operating income of $137 million increased three percent and adjusted EBITDA of $207 million increased four percent, primarily driven by higher pricing, which more than offset lower volumes, higher power costs and unfavorable currency. Adjusted EBITDA was also positively impacted by higher equity affiliates' income. Operating margin of 18.6 percent decreased 380 basis points and adjusted EBITDA margin of 28.0 percent decreased 500 basis points, predominantly due to the higher energy cost pass-through, which lowered operating margin and adjusted EBITDA margin by approximately 450 basis points and 700 basis points, respectively.
- Middle East and India equity affiliates' income of $67 million was up $50 million over the prior year, primarily from the Jazan joint venture.
- Corporate and other sales of $247 million increased 48 percent over the prior year, driven by higher sale of equipment activity. This activity drove improvements in both operating income and adjusted EBITDA.
Outlook
Air Products has maintained full-year fiscal 2022 adjusted EPS guidance of $10.20 to $10.40, up 14 percent at midpoint, over prior year adjusted EPS. For the fiscal 2022 fourth quarter, Air Products' adjusted EPS guidance is $2.68 to $2.88, up seven to 15 percent over fiscal 2021 fourth quarter adjusted EPS.
Air Products expects capital expenditures of over $4.5 billion for full-year fiscal 2022.
Management has provided adjusted EPS guidance on a continuing operations basis, which excludes the impact of certain items that we believe are not representative of our underlying business performance, such as the incurrence of additional costs for cost reduction actions and impairment charges, or the recognition of gains or losses on disclosed items. It is not possible, without unreasonable efforts, to predict the timing or occurrence of these events or the potential for other transactions that may impact future GAAP EPS or the effective tax rate. Similarly, it is not possible, without unreasonable efforts, to reconcile our forecasted capital expenditures to future cash used for investing activities because we are unable to identify the timing or occurrence of our future investment activity, which is driven by our assessment of competing opportunities at the time we enter into transactions. Furthermore, it is not possible to identify the potential significance of these events in advance, but any of these events, if they were to occur, could have a significant effect on our future GAAP results. Management therefore is unable to reconcile, without unreasonable effort, the Company's forecasted range of adjusted EPS, the effective tax rate and our capital expenditures to a comparable GAAP range.
Earnings Teleconference
Access the fiscal 2022 third quarter earnings teleconference scheduled for 8:30 a.m. Eastern Time on August 4, 2022 by calling 323-701-0160 and entering passcode 5156956 or by accessing the Event Details page on Air Products' Investor Relations website.
About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale low- and zero-carbon hydrogen projects supporting global transportation and the energy transition.
The Company had fiscal 2021 sales of $10.3 billion from operations in over 50 countries and has a current market capitalization of about $55 billion. More than 20,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.
Cautionary Note Regarding Forward-Looking Statements
This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements about earnings and capital expenditure guidance, business outlook and investment opportunities. Forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including, without limitation: the duration and impacts of the ongoing COVID-19 global pandemic and efforts to contain its transmission, including the effect of these factors on our business, our customers, economic conditions and markets generally; changes in global or regional economic conditions, inflation and supply and demand dynamics in the market segments we serve, or in the financial markets that may affect the availability and terms on which we may obtain financing; the ability to implement price increases to offset cost increases; disruptions to our supply chain and related distribution delays and cost increases; risks associated with having extensive international operations, including political risks, risks associated with unanticipated government actions and risks of investing in developing markets; project delays, contract terminations, customer cancellations, or postponement of projects and sales; our ability to develop, operate, and manage costs of large-scale and technically complex projects, including gasification and hydrogen projects; the future financial and operating performance of major customers, joint ventures, and equity affiliates; our ability to develop, implement, and operate new technologies; our ability to execute the projects in our backlog and refresh our pipeline of new projects; tariffs, economic sanctions and regulatory activities in jurisdictions in which we and our affiliates and joint ventures operate; the impact of environmental, tax, or other legislation, as well as regulations and other public policy initiatives affecting our business and the business of our affiliates and related compliance requirements, including legislation, regulations, or policies intended to address global climate change; changes in tax rates and other changes in tax law; the timing, impact, and other uncertainties relating to acquisitions and divestitures, including our ability to integrate acquisitions and separate divested businesses, respectively; risks relating to cybersecurity incidents, including risks from the interruption, failure or compromise of our information systems; catastrophic events, such as natural disasters and extreme weather events, public health crises, acts of war, including Russia's invasion of Ukraine and the ongoing civil war in Yemen, or terrorism; the impact on our business and customers of price fluctuations in oil and natural gas and disruptions in markets and the economy due to oil and natural gas price volatility; costs and outcomes of legal or regulatory proceedings and investigations; asset impairments due to economic conditions or specific events; significant fluctuations in inflation, interest rates, and foreign currency exchange rates from those currently anticipated; damage to facilities, pipelines or delivery systems, including those we own or operate for third parties; availability and cost of electric power, natural gas, and other raw materials; the success of productivity and operational improvement programs; and other risks described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2021 and subsequent filings we have made with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on our forward-looking statements. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in assumptions, beliefs, or expectations or any change in events, conditions, or circumstances upon which any such forward-looking statements are based.
The segment results presented below reflect the segment reorganization announced on 4 November 2021. For additional information on the reorganization, refer to the Company's Current Report on Form 8-K dated 9 December 2021.
The table below reconciles total operating income disclosed in the tables above to consolidated operating income as reflected on our consolidated income statements:
We present certain financial measures, other than in accordance with U.S. generally accepted accounting principles ("GAAP"), on an "adjusted" or "non-GAAP" basis. On a consolidated basis, these measures include adjusted diluted earnings per share ("EPS"), adjusted EBITDA, adjusted EBITDA margin, adjusted effective tax rate, and capital expenditures. On a segment basis, these measures include adjusted EBITDA and adjusted EBITDA margin. In addition to these measures, we also present certain supplemental non-GAAP financial measures to help the reader understand the impact that certain disclosed items, or "non-GAAP adjustments," have on the calculation of our adjusted diluted EPS. For each non-GAAP financial measure, we present a reconciliation to the most directly comparable financial measure calculated in accordance with GAAP.
Our non-GAAP financial measures are not meant to be considered in isolation or as a substitute for the most directly comparable measure calculated in accordance with GAAP. We believe these non-GAAP financial measures provide investors, potential investors, securities analysts, and others with useful information to evaluate the performance of our business because such measures, when viewed together with financial results computed in accordance with GAAP, provide a more complete understanding of the factors and trends affecting our historical financial performance and projected future results.
In many cases, non-GAAP financial measures are determined by adjusting the most directly comparable GAAP measure to exclude non-GAAP adjustments that we believe are not representative of our underlying business performance. For example, we previously excluded certain expenses associated with cost reduction actions, impairment charges, and gains on disclosed transactions. The reader should be aware that we may recognize similar losses or gains in the future. Readers should also consider the limitations associated with these non-GAAP financial measures, including the potential lack of comparability of these measures from one company to another.
When applicable, the tax impact of our pre-tax non-GAAP adjustments reflects the expected current and deferred income tax impact of our non-GAAP adjustments. These tax impacts are primarily driven by the statutory tax rate of the various relevant jurisdictions and the taxability of the adjustments in those jurisdictions.
NON-GAAP ADJUSTMENTS
There were no non-GAAP adjustments in the third quarter or first nine months of fiscal year 2022 that impacted diluted earnings per share or the effective tax rate. For information related to non-GAAP adjustments for the three and nine months ended 30 June 2021, refer to Exhibit 99.1 to our Current Report on Form 8-K dated 9 August 2021.
ADJUSTED DILUTED EPS
The table below provides a reconciliation to the most directly comparable GAAP measure for each of the major components used to calculate adjusted diluted EPS from continuing operations, which we view as a key performance metric. In periods that we have non-GAAP adjustments, we believe it is important for the reader to understand the per share impact of each such adjustment because management does not consider these impacts when evaluating underlying business performance. Per share impacts are calculated independently and may not sum to total diluted EPS and total adjusted diluted EPS due to rounding.
ADJUSTED EBITDA AND ADJUSTED EBITDA MARGIN
We define adjusted EBITDA as net income less income (loss) from discontinued operations, net of tax, and excluding non-GAAP adjustments, which we do not believe to be indicative of underlying business trends, before interest expense, other non-operating income (expense), net, income tax provision, and depreciation and amortization expense. Adjusted EBITDA and adjusted EBITDA margin provide useful metrics for management to assess operating performance. Margins are calculated independently for each period by dividing each line item by consolidated sales for the respective period and may not sum to total margin due to rounding.
The tables below present consolidated sales and a reconciliation of net income on a GAAP basis to adjusted EBITDA and net income margin on a GAAP basis to adjusted EBITDA margin:
The tables below present sales and a reconciliation of operating income and operating margin to adjusted EBITDA and adjusted EBITDA margin for the Company's three largest regional segments and a reconciliation of operating loss to adjusted EBITDA for the Corporate and other segment for the three months ended 30 June 2022 and 2021:
ADJUSTED EFFECTIVE TAX RATE
The effective tax rate equals the income tax provision divided by income from continuing operations before taxes.
CAPITAL EXPENDITURES
We define capital expenditures as cash flows for additions to plant and equipment, including long-term deposits, acquisitions (less cash acquired), and investment in and advances to unconsolidated affiliates. A reconciliation of cash used for investing activities to our reported capital expenditures is provided below:
The components of our capital expenditures are detailed in the table below:
We expect capital expenditures for fiscal year 2022 to be over $4.5 billion.
It is not possible, without unreasonable efforts, to reconcile our forecasted capital expenditures to future cash used for investing activities because we are unable to identify the timing or occurrence of our future investment activity, which is driven by our assessment of competing opportunities at the time we enter into transactions. These decisions, either individually or in the aggregate, could have a significant effect on our cash used for investing activities.
OUTLOOK
The guidance provided below is on an adjusted continuing operations basis and is compared to adjusted historical diluted EPS attributable to Air Products. These adjusted measures exclude the impact of certain items that we believe are not representative of our underlying business performance, such as the incurrence of additional costs for cost reduction actions and impairment charges, or the recognition of gains or losses on disclosed items. It is not possible, without unreasonable efforts, to identify the timing or occurrence of these events or the potential for other transactions that may impact future GAAP EPS. Furthermore, it is not possible to identify the potential significance of these events in advance, but any of these events, if they were to occur, could have a significant effect on our future GAAP EPS. Accordingly, management is unable to reconcile, without unreasonable efforts, the Company's forecasted range of adjusted EPS on a continuing operations basis to a comparable GAAP range. The per share impact for each non-GAAP adjustment was calculated independently and may not sum to total adjusted diluted EPS due to rounding.
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SOURCE Air Products | https://www.kxii.com/prnewswire/2022/08/04/air-products-reports-fiscal-2022-third-quarter-gaap-eps-adjusted-eps-262/ | 2022-08-04T11:04:06Z |
ORLANDO, Fla., July 24, 2022 /PRNewswire/ -- The Collaborative for Student Success added 18 new promising educational practices to EduRecoveryHub.org today, as well as updates on education recovery efforts in Connecticut, North Dakota, and Tennessee.
The additions strengthen the EduRecoveryHub platform and assist state and district leaders, educators, and advocates heading into the 2022-23 school year by identifying promising practices funded by federal recovery dollars—practices that can be emulated across states.
"Investments with the potential to accelerate learning, promote family engagement, strengthen the educator workforce, and more are taking shape across the country. While we are pleased to see this work, more can be done and it is critical that funding not be left on the table," said Jim Cowen, executive director of the Collaborative for Student Success. "We're hopeful the promising practices lifted up on the EduRecoveryHub will help districts and states execute practices with the most potential to help students succeed."
Cowen announced the updates to EduRecoveryHub at the Education Writers Association's 75th National Seminar. Updates include practices from seven new states: Hawaii, Michigan, Montana, North Carolina, North Dakota, Pennsylvania, and Rhode Island. An independent panel of individuals and organizations representing the civil rights community, educators, parents, education reformers, and data and policy experts have reviewed more than 50 of the EduRecoveryHub practices from 30 states.
The new practices showcase a range of initiatives, from "Parent Universities" in Newark, NJ to support student learning at home to a summer kindergarten transition program in Hawaii. The site also features new deep dives into state recovery strategies from North Dakota, where their "Be Legendary School Board Leadership Institute" helps school board members stay focused on student growth and progress and Connecticut, where universities have formed a research collaborative to provide feedback on state recovery efforts.
The EduRecoveryHub, launched in January by the Collaborative for Student Success in partnership with the Edunomics Lab at Georgetown University, and the Center on Reinventing Public Education, aims to solicit feedback and increase transparency around the spending of federal K-12 recovery funds. Highlighting a recovery practice on the site does not constitute an endorsement of a state or district's full recovery efforts.
About the Collaborative for Student Success
The Collaborative for Student Success is a nonprofit advocacy organization that works to defend high standards, high-quality assessments, and strong systems of accountability to ensure that all kids are prepared for college or their careers. Through capacity-building efforts with in-state organizations and collaboration with national partners, we promote fact-based public discourse and fight to advance policies that promote best practices and ensure equitable outcomes for all students.
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SOURCE Collaborative for Student Success | https://www.mysuncoast.com/prnewswire/2022/07/24/new-k-12-pandemic-recovery-practices-released-edurecoveryhub-highlight-strong-uses-federal-relief-funds/ | 2022-07-24T04:29:22Z |
Landmark Recovery Brings Affordable Addiction Treatment to Knoxville
KNOXVILLE, Tenn., June 21, 2022 /PRNewswire/ -- Landmark Recovery, the nation's fastest growing drug and alcohol addiction treatment service provider, opened a new treatment center in the East Tennessee community, Landmark Recovery of Knoxville.
Located in the former Brookhaven Retreat facility at 1016 IC King Road in Seymour, Landmark will offer accessible and affordable inpatient and outpatient addiction recovery services, drug detox programs, therapy and counseling for men and women. Landmark works with most major insurance providers and offers payment plans.
On June 20 Landmark Recovery staff welcomed state senators Richard Briggs and Becky Duncan Massey, Lt. Brad Butler of the Blount County Sheriff's Office, Capt. Mark Taylor of the Maryville Police Department and Knox County Commissioner Dasha Lundy to celebrate and tour the 48-bed treatment center which is nestled in the foothills of the Smoky Mountains.
Michelle Dubey, chief clinical officer at Landmark Recovery, said the company's goal is to provide passionate, individualized services that provide a holistic approach to recovery while bringing more access to treatment for those who need it most.
"More than 400,000 Tennesseans are wrestling with drug or alcohol addiction," Dubey said. "Here in the Knoxville area there is an overwhelming need for more addiction recovery programs. Availability and affordability are two of the most prevalent barriers for individuals struggling with substance use. Landmark believes these individuals deserve the highest quality of clinical care available regardless of socioeconomic status or insurance provider."
More than 107,000 deaths due to drug overdose were recorded nationwide last year alone. The Knoxville area recorded 498 unintentional overdose deaths in 2021 and 221 this year. Knox, Roane, and Sevier counties were three of only four counties in the state which decreased overdose deaths due to opiods, while neighboring Blount and Loudon counties continued to increase, according to the 2021 TN Annual Overdose Report.
About Landmark Recovery:
Landmark Recovery, founded in 2016, is an evidence-based addiction recovery organization offering passionate, individualized treatment including detox, residential, intensive outpatient, and partial hospitalization. Landmark serves communities in Kentucky, Indiana, Nevada, Ohio, Oklahoma, and Tennessee, along with its sister company, Praxis by Landmark Recovery, that serves the Medicaid population. The Landmark of Louisville facility was named the No. 1 Addiction Treatment Center in Kentucky by Newsweek for 2021. For more information visit www.landmarkrecovery.com or call 866-504-8545.
Mitchell Kine
Public Relations Director
mitch.kline@landmarkrecovery.com
615-282-1656
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SOURCE Landmark Recovery | https://www.kxii.com/prnewswire/2022/06/21/new-addiction-treatment-center-opens-east-tennessee/ | 2022-06-21T20:00:19Z |
SINGAPORE, July 26, 2022 /PRNewswire/ -- uHoo, a climate-tech company well known for developing smart and advanced indoor environmental monitoring and risk management technologies is delighted to announce that the uHoo Aura air quality monitor has been certified by RESET™ as a RESET Air Accredited Grade B monitor and uHoo's software as a RESET Accredited Data Provider.
Regenerative Ecological, Social, and Economic Targets or RESET™ is a globally acknowledged set of standards that focus on data quality and data transparency with the purpose of helping built environments become healthy and sustainable. It is the world's first certification program that is sensor-based and performance-driven. Unlike other building standards, RESET™ was designed with a clear understanding of the importance of air quality and why it needs to be monitored throughout a building's entire operations.
Monitoring indoor air quality (IAQ) helps track changes in the air due to various factors including the number of people inside the building, the activities that these people perform, the materials and equipment that have been used in the construction, as well as the equipment and machines used inside offices and buildings, to name a few. When RESET Air Accredited monitors are uninstalled from a property, or the IAQ falls below the RESET™ standard, a building's or office's RESET™ certification will be withdrawn.
RESET™ categorizes its accredited indoor air quality monitors as Grade A (Reference), Grade B (Commercial), and Grade C (Consumer). For commercial projects, there are two levels of performance when achieving RESET™ certification - the Acceptable targets and High-Performance targets.
According to RESET™, Acceptable targets are requisite; all projects must meet the defined limits. High-Performance targets are listed as a reference for projects striving for more rigorous IAQ goals and/or for projects located in regions where ambient outdoor air quality levels typically stay within recommended health limits.
About uHoo Aura
uHoo Aura is the most comprehensive indoor environmental quality monitoring solution for businesses and commercial built environments. The device helps building occupants and building owners track 13 environmental quality factors including the IAQ parameters, listed below, necessary for buildings to secure RESET™ certification.
PM2.5 - This is produced by tobacco smoke, office equipment, motor vehicles, power plants, etc. Exposure may lead to heart diseases, asthma attacks, and various respiratory conditions. RESET™ sets the target level for PM2.5 indoors below 35 μg/m3. For High-Performance targets, it should not exceed 12 μg/m3.
TVOCs - Total Volatile Organic Compounds are emitted by cleaning chemicals, air fresheners, adhesives, and solvents, among others. Exposure may lead to damage to the central nervous system, hives, and allergic reactions. RESET™'s ideal level for TVOCs is below 500 μg/m3, and for High-Performance targets, it is below 400 μg/m3.
Carbon Dioxide - Exposure to carbon dioxide (CO2) can cause headaches, dizziness, high blood pressure, and asphyxia. To prevent these conditions from happening, RESET™ sets the level for CO2 to be below 1,000ppm, and below 600 ppm for High-Performance targets.
Temperature and Humidity - RESET™ does not have any specific requirements for temperature and humidity but both must be continuously monitored as these factors can greatly influence the sensor readings for PM2.5 and TVOCs.
Carbon Monoxide - Carbon monoxide (CO) is a byproduct of incomplete combustion of oil, coal, or wood, and can be found in tobacco smoke and smoke from vehicles. The most common effects of CO exposure are dizziness, headaches, and fatigue as CO impedes the proper delivery of oxygen to the brain. RESET™ strictly recommends maintaining CO levels lower than 9ppm, and CO monitors are required only in indoor spaces with combustion such as boiler rooms, warehouses, breweries, petroleum refineries, mines, and steel production sites.
Along with the above parameters, uHoo Aura also monitors formaldehyde, PM1, PM4, and PM10, air pressure, light, and sound. Users also have the option to add two more sensors namely nitrogen dioxide and ozone or choose one among sulfur dioxide, oxygen, nitrogen dioxide, hydrogen sulfide, and ammonia, depending on their specific industries and/or requirements.
All the real-time data, historical trends, and analytics can be viewed and managed using the uHoo Business dashboard which can be accessed via a computer and a mobile app, anytime and anywhere. The dashboard ensures that all the features, metrics, and functionalities are well-presented and easily understandable by the end users.
Clients can be guaranteed that all the information presented by the uHoo Business Dashboard is reliable, accurate, and of high quality, considering that uHoo is a RESET Accredited Data Provider. RESET Accredited Data Providers are trusted software platforms and management systems that must be used for projects, offices or buildings aspiring to achieve RESET certification.
Email and push notifications with actionable tips are also available to grab users' attention. This empowers them to take quick action on specific air quality problems inside the building. uHoo Aura can easily be integrated with any software or building management system to create a smarter and unified approach to IAQ management. It also has a display feature where building managers can share their facility's indoor environmental quality conditions via large screen displays installed within the building. This provides occupants, employees, and visitors with confidence knowing that the building that they are using prioritizes their health and safety.
On top of RESET™ certification, The uHoo Aura also helps properties obtain green and healthy building certifications such as LEED, WELL, and Fitwel, among others. Having these certifications can help boost an organization's or building's desirability, credibility, and brand value and simultaneously enhance their ESG (environment, social and governance) performance.
uHoo Aura being accredited by RESET™ as a Grade B monitor and uHoo being a RESET Accredited Data Provider serves as an addition to its current certifications and credentials including the Singapore Green Building Council's Green Building Product (GBP) certification, and the Waste from Electrical and Electronic Equipment or WEEE certification, which certifies that the uHoo Aura is environmentally-friendly in its design, manufacture, and use.
"The certifications and accreditations the uHoo Aura and the uHoo software have obtained are testimony to our commitment to continuous improvement and ensuring that our customers have the best and most environmentally responsible solution in their offices and buildings," says Dustin Jefferson S. Onghanseng, CEO of uHoo.
To get to know more about uHoo and its IAQ solutions, visit https://getuhoo.com/
Reference:
https://www.reset.build/standard/air
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SOURCE uHoo | https://www.wibw.com/prnewswire/2022/07/26/uhoo-aura-secures-resettm-accreditation/ | 2022-07-26T15:12:39Z |
TAMPA, Fla., July 1, 2022 /PRNewswire/ -- The DoubleLine Opportunistic Credit Fund (the "Fund"), which is traded on the New York Stock Exchange under the symbol DBL, this week declared a distribution of $0.11 per share for the month of July 2022. The distribution is subject to the following ex-dividend, record and payment dates set by the Fund's Board of Trustees.
This news release is not for tax reporting purposes. The release has been issued to announce the amount and timing of the distributions declared by the Board of Trustees. There is a possibility that distributions may include ordinary income, long-term capital gains or return of capital. The amount of distributable income and the tax characteristics of the distributions are determined at the end of the taxable year. In early 2023, the Fund will send shareholders a Form 1099-DIV specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distributions on a shareholder's tax return.
The DoubleLine Opportunistic Credit Fund (the "Fund") is a diversified, closed-end management investment company. The Fund's investment objective is to seek high total investment return by providing a high level of current income and the potential for capital appreciation. There is no guarantee that the Fund will achieve its investment objective. Investing in the Fund involves the risk of principal loss.
DoubleLine Capital is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine's offices can be reached by telephone at (213) 633-8200 or by e-mail at info@doubleline.com. Media can reach DoubleLine by e-mail at media@doubleline.com. DoubleLine® is a registered trademark of DoubleLine Capital LP.
To read about the DoubleLine Opportunistic Credit Fund, please access the Annual Report at www.doublelinefunds.com or call 877-DLINE11 (877-354-6311) to receive a copy. Investors should consider the Fund's investment objective, risks, charges and expenses carefully before investing. An investment in the Fund should not constitute a complete investment program.
This document is not an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale or offer of these securities, in any jurisdiction where such sale or offer is not permitted.
Shares of closed-end investment companies frequently trade at a discount to their net asset value, which may increase investors' risk of loss. This risk may be greater for investors expecting to sell their shares in a relatively short period after the completion of the public offering. There are risks associated with investment in the fund.
Investments in debt securities typically decline in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investments in asset-backed and mortgage-backed securities include additional risks that investors should be aware of including credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments.
Past performance is no guarantee of future results. The fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets. Investments in lower rated and non-rated securities present a great risk of loss to principal and interest than higher rated securities. Investment strategies may not achieve the desired results due to implementation lag, other timing factors, portfolio management decisions-making, economic or market conditions or other unanticipated factors. In addition, the Fund may invest in other asset classes and investments such as, among others, REITs, credit default swaps, short sales, derivatives and smaller companies which include additional risks. The DoubleLine Opportunistic Credit Fund (the "Fund") is a diversified, closed-end management investment company.
This material may include statements that constitute "forward-looking statements" under the U.S. securities laws. Forward-looking statements include, among other things, projections, estimates, and information about possible or future results related to the Fund, market or regulatory developments. The views expressed herein are not guarantees of future performance or economic results and involve certain risks, uncertainties and assumptions that could cause actual outcomes and results to differ materially from the views expressed herein. The views expressed herein are subject to change at any time based upon economic, market, or other conditions and DoubleLine undertakes no obligation to update the views expressed herein. While we have gathered this information from sources believed to be reliable, DoubleLine cannot guarantee the accuracy of the information provided. Any discussions of specific securities should not be considered a recommendation to buy or sell those securities. The views expressed herein (including any forward-looking statement) may not be relied upon as investment advice or as an indication of the Fund's trading intent. Information included herein is not an indication of the Fund's future portfolio composition.
Distributions include all distribution payments regardless of source and may include net income, capital gains, and/or return of capital (ROC). ROC should not be confused with yield or income. A Fund's Section 19a-1 Notice, if applicable, contains additional distribution composition information and may be obtained by visiting www.doublelinefunds.com. Final determination of a distribution's tax character will be made on Form 1099 DIV and sent to shareholders. On a tax basis, as of June 30, 2022, the estimated component of the cumulative distribution for the fiscal year to date would include an estimated return of capital of $0.029 (3%) per share. This amount is an estimate and the actual amounts and sources for tax reporting purposes may change upon final determination of tax characteristics and may be subject to changes based on tax regulations.
Any tax or legal information provided is merely a summary of our understanding and interpretation of some of the current income tax regulations and is not exhaustive. Investors must consult their tax advisor or legal counsel for advice and information concerning their particular situation. Neither the Fund nor any of its representatives may give legal or tax advice.
Foreside Funds Services, LLC provides marketing review services for DoubleLine Capital LP.
©2022 DoubleLine Capital LP.
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SOURCE DoubleLine | https://www.mysuncoast.com/prnewswire/2022/07/01/doubleline-opportunistic-credit-fund-declares-july-2022-distribution/ | 2022-07-01T13:17:29Z |
Avalanche dethrone Lightning to win Stanley Cup for 3rd time
TAMPA, Fla. (AP) - The Colorado Avalanche are back atop hockey’s mountain after dethroning the two-time defending champions.
Behind a goal and an assist from Nathan MacKinnon, the Avalanche won the Stanley Cup for the third time in franchise history and first in more than two decades by beating the Tampa Bay Lightning 2-1 in Game 6 of the final Sunday night.
It’s the first title for this core group led by MacKinnon, captain Gabriel Landeskog, Mikko Rantanen and Cale Makar and it follows years of playoff disappointment. The Avalanche lost in the second round each of the past three seasons after getting knocked out in the first round in 2018.
With a mix of speed, high-end talent and the experiences gained from those defeats, Colorado broke through this time — earning every bit of the championship by knocking off the team that hoisted the Cup the past two years. Like the Avalanche fully expected, it wasn’t easy.
After an early turnover by Makar leading to Steven Stamkos’ goal that put them in a hole and several more bumps and bruises, the Avalanche tied it when MacKinnon beat 2021 playoff MVP Andrei Vasilevskiy with a near-perfect shot and went ahead on another big goal by trade deadline acquisition Artturi Lehkonen. They locked things down by holding on to the puck and not letting Tampa Bay even shoot the puck on Darcy Kuemper in the third period.
When they did, he was there. Brought in from Arizona in a trade last summer to shore up the sport’s most important position, Kuemper was solid again and made his most important save with under seven minutes left when he slid over to deny skilled winger Nikita Kucherov.
Much like the Lightning went all in multiple times by trading high draft picks and prospects to load up for the best chance to win the Cup, Avalanche general manager Joe Sakic was not afraid to ante up in March to acquire Lehkonen, defenseman Josh Manson and veteran forward Andrew Cogliano. They became the perfect complement to Colorado’s core that had showed plenty of playoff promise and until now hadn’t produced a championship.
Sakic, who captained Colorado’s first two title-winning teams in 1996 and 2001, used a familiar recipe to get his team over the hump. Much like Pierre Lacroix, the architect of those Avalanche teams that had so much success after the organization moved to Denver, Sakic prioritized skill, speed and versatility.
That speed overwhelmed every opponent along the way, from an opening sweep of Nashville through a hard-fought, six-game series against St. Louis, another sweep of Edmonton and then Tampa Bay, which staved off elimination once but ended up two victories short of becoming the NHL’s first three-peat champions since the early 1980s New York Islanders dynasty.
“They’re a team that’s looking to become a dynasty,” Makar said. “We’re a team that’s looking to start a legacy.”
That legacy finally involves a championship, thanks in large part to steady coach Jared Bednar, who in his sixth season found a way to focus his team on the mission at hand from the start of training camp. That mentality helped the Avalanche get over the hump, and Bednar became the first coach to win the Stanley Cup, American Hockey League’s Calder Cup and ECHL’s Kelly Cup.
Bednar won the chess match with Jon Cooper, also a Stanley and Calder Cup champion who is considered one of the best tacticians in the NHL. But things began to stack up against the Lightning facing their stiffest competition since their run of success began in 2020.
Injuries that sidelined top center Brayden Point and limited other key contributors proved too much against a stacked opponent built to withstand just about anything. Depth allowed the Avalanche to overcome losing defenseman Samuel Girard to a broken sternum and finish off the Lightning without Cup Final Game 1 overtime Andre Burakovsky sidelined by injury and with standout winger Valeri Nichushkin hobbling around on an injured right foot and center Nazem playing through a broken right thumb.
The Avalanche beat the Lightning before attrition could take too much of a toll and before the scary possibility of facing elimination in Game 7. Instead, they’ll return to Denver to celebrate with the Stanley Cup.
While not as emotional as the past two years when Commissioner Gary Bettman presented the trophy to Stamkos, Colorado’s series-ending victory marks another completion of an NHL season during a pandemic — the first back to 82 games with a normal playoff format since 2019. It was not without its stumbles, including postponing dozens of games and pulling out of the Olympics.
The Avalanche and Lightning dealt with at-times rough ice conditions playing late into June, something that should not happen moving forward as the league gets back to its regular schedule. When that happens, Colorado will get the chance to defend its crown and attempt to follow Tampa Bay in sustaining a perennial Cup contender.
___
AP Sports Writer Pat Graham in Denver contributed to this report.
___
Follow AP Hockey Writer Stephen Whyno on Twitter at https://twitter.com/SWhyno
___
More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/27/avalanche-dethrone-lightning-win-stanley-cup-3rd-time/ | 2022-06-27T03:10:10Z |
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- AIkido Pharma Inc. (Nasdaq: AIKI) ("AIkido" or the "Company") today confirms that on August 9, 2022, the Company received an unsolicited offer from Mr. Shalom Auerbach to acquire all of the Company's outstanding common stock for $8.00 per share in cash.
The Company's Board of Directors will carefully review the proposal to determine the course of action that it believes is in the best interest of the Company and all AIkido shareholders. The Company will respond in due course.
There is no need for shareholders to take any action at this time.
About AIkido Pharma Inc.
AIkido Pharma Inc. was initially formed in 1967 and is a biotechnology Company with a diverse portfolio of small-molecule anticancer and antiviral therapeutics. The Company's platform consists of patented technology from leading universities and researchers, and we are currently in the process of developing an innovative therapeutic drug platform through strong partnerships with world renowned educational institutions, including The University of Texas at Austin and University of Maryland at Baltimore. Our diverse pipeline of therapeutics includes therapies for pancreatic cancer, prostate cancer. We are constantly seeking to grow our pipeline to treat unmet medical needs in oncology. The Company is also developing a broad-spectrum antiviral platform that may potentially inhibit replication of multiple viruses including Influenza virus, SARS-CoV (coronavirus), MERS-CoV, Ebolavirus and Marburg virus.
Forward-Looking Statements
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the SEC, not limited to Risk Factors relating to its business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
Contact:
Investor Relations:
Hayden IR
Brett Maas, Managing Partner
Phone: (646) 536-7331
Email: brett@haydenir.com
www.haydenir.com
AIkido Pharma Inc.:
Phone: 212-745-1373
Email: investorrelations@aikidopharma.com
www.aikidopharma.com
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SOURCE AIkido Pharma Inc. | https://www.wibw.com/prnewswire/2022/08/10/aikido-pharma-confirms-receipt-unsolicited-offer/ | 2022-08-10T13:14:37Z |
(The Hill) – Former President Trump on Tuesday dismissed the testimony from a former top aide to his chief of staff, saying he “hardly” knows who she is.
Trump weighed in on Truth Social, his fledgling social media network, in the middle of testimony from Cassidy Hutchinson, who served in Trump’s Office of Legislative Affairs and later as a top aide to former chief of staff Mark Meadows, to the House select committee investigating the Jan. 6, 2021, Capitol riot.
“I hardly know who this person, Cassidy Hutchinson, is, other than I heard very negative things about her (a total phony and ‘leaker’), and when she requested to go with certain others of the team to Florida after my having served a full term in office, I personally turned her request down,” Trump posted.
“Why did she want to go with us if she felt we were so terrible? I understand that she was very upset and angry that I didn’t want her to go, or be a member of the team. She is bad news!” Trump added.
Trump routinely claims not to be familiar with individuals who are critical of him, particularly when they were part of his administration. He deployed a similar tactic during his impeachment proceedings.
Hutchinson delivered damning testimony on Tuesday, describing how she heard a conversation in which Trump said Secret Service should take away metal detectors and let all his supporters in for the rally on Jan. 6 at the White House Ellipse, even though some of them were carrying weapons.
She also described a conversation with the former deputy White House chief of staff on Jan. 6 who told her Trump was so irate when told he could not go to the Capitol that day that he lunged at the steering wheel of his vehicle and at the Secret Service agent in charge that day.
Two former White House aides indicated they believed Hutchinson’s testimony.
“Anyone downplaying Cassidy Hutchinson’s role or her access in the West Wing either doesn’t understand how the Trump WH worked or is attempting to discredit her because they’re scared of how damning this testimony is,” former deputy press secretary Sarah Matthews tweeted.
“My guess is that before this is over, we will be hearing testimony from Ornato, Engle, and Meadows,” former Trump chief of staff Mick Mulvaney tweeted. “This is explosive stuff. If Cassidy is making this up, they will need to say that. If she isn’t they will have to corroborate. I know her. I don’t think she is lying.”
Hutchinson told the committee she spent a lot of time on Capitol Hill as part of her White House job and spoke regularly with members of Congress and senior members of the Trump administration. She said she was in contact with Meadows “pretty much throughout every day.”
Trump has weighed in on each of the recent Jan. 6 committee hearings, consistently complaining that he has not been allowed to present his side of events and reiterating claims of election fraud in the 2020 election that have been debunked by former members of his administration repeatedly during testimony. | https://cw33.com/news/nexstar-media-wire/trump-dismisses-hutchinson-as-bad-news-during-damning-testimony/ | 2022-06-29T00:01:24Z |
BRUSSELS — European Union nations have approved new sanctions against Russia, including an EU embargo on coal imports in the wake of evidence of torture and killings emerging from war zones outside Kyiv.
The ban on coal imports will be the first EU sanctions targeting Russia’s lucrative energy industry over its war in Ukraine, said an official on condition of anonymity because the official announcement had not yet been made.
The EU ban on coal is estimated to be worth 4 billion euros ($4.4 billion) per year. In the meantime, the EU has already started working on additional sanctions, including on oil imports.
— Reported by Raf Casert.
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KEY DEVELOPMENTS IN THE RUSSIA-UKRAINE WAR:
— Ukraine girds for renewed Russian offensive on eastern front
— Congress votes to suspend Russia trade status, enact oil ban
— Ukraine appeals to NATO for more weapons
— Russia is moving troops and focus toward the east, but that strategycarries risks as well
— U.N. General Assembly votes to suspend Russia from UN rights council
— Ukrainian refugeesfind quickest route into US goes through Mexico
— Seeing Bucha atrocities is turning point for media, viewers
— Russia makes debt paymentin rubles, a move that could result in historic default
— Go to https://apnews.com/hub/russia-ukraine for more coverage
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OTHER DEVELOPMENTS:
PARIS — The International Energy Agency says its member countries are releasing 60 million barrels of oil from their emergency reserves on top of previous U.S. pledges to take aim at energy prices that have soared since Russia invaded Ukraine.
The Paris-based organization said Thursday that the new commitments made by its 31 member nations, which include the United States and much of Europe, amount to a total of 120 million barrels over six months. It’s the largest release in the group’s history.
Half of that will come from the U.S. as part of the larger release from its strategic petroleum reserve that President Joe Biden announced last week.
The IEA agreed last Friday to add to the amount of oil hitting the global market. It comes on top of the 62.7 million barrels that the agency’s members said they would release last month to ease shortages.
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WASHINGTON – The U.S. Congress has overwhelmingly voted to suspend normal trade relations with Russia and ban the importation of its oil, ratcheting up the U.S. response to Russia’s invasion of Ukraine amid reports of atrocities.
House action came Thursday after the Senate approved the two bills and the measures now go to President Joe Biden to be signed into law.
Biden has already taken executive action to ban Russian oil, liquefied natural gas and coal to the United States. The legislation puts the effort into law.
The bill to end normal trade relations with Russia paves the way for Biden to enact higher tariffs on various imports, such as certain steel and aluminum products, further weakening the Russian economy under President Vladimir Putin. It also ensures Belarus receives less favorable tariff treatment.
The bills also provide the president with the authority to return normal tariff treatment for Russia as well as resume trade in Russian energy products subject to certain conditions.
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LONDON – Poland’s President Andrzej Duda and U.K. Prime Minister Boris Johnson have discussed the need for ending imports of energy sources from Russia as a form of tough sanctions on Moscow for its brutal invasion of Ukraine.
Following his talks with Johnson Thursday, Duda said they also analyzed a proposal for Europe to levy additional taxes on Russian gas, oil and coal until the imports are ended.
The U.K. said it will stop importing Russian coal and oil by the end of this year and gas imports will cease soon after. Poland is to end Russian coal imports by May, gas by the year’s end and oil in 2023, possibly.
“Russia is not a credible partner and we should not assume that it will ever be,” Duda told reporters.
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NICOSIA, Cyprus – Ukraine’s president has asked Cypriot lawmakers to ratchet up pressure on Russia by shutting Cypriot ports to all Russian ships, and to stop granting Russian businessmen conveniences including Cypriot citizenship.
Addressing the Cypriot Parliament Thursday, President Volodymyr Zelenskyy thanked the east Mediterranean island nation for its humanitarian and financial aid and spoke of the destruction and death the Russian invasion has wrought. He warned that the killings of civilians that happened in the town of Bucha may be happening elsewhere.
Zelenskyy also pleaded for backing from Cyprus in Ukraine’s bid to join the European Union. He said EU membership for Ukraine would help strengthen the 27-member bloc.
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STOCKHOLM — European Commission President Ursula von der Leyen has urged European Union members to stay together and not decide unilaterally on imposing sanctions against Russia.
“We have been successful by being together. My plea is that we move forward together,” von der Leyen said during a visit to Stockholm where she met with Swedish Prime Minister Magdalena Andersson.
The EU chief on Friday will travel to Kyiv to meet Ukraine’s President Volodymyr Zelenskyy. On Saturday, she attends a pledging event in favor of Ukraine in Warsaw, Poland.
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PODGORICA, Montenegro — NATO-member Montenegro is joining a number of countries that expelled Russian diplomats over the past week.
The foreign ministry said in a statement Thursday that the four diplomats have a week to leave the small Balkan nation.
The decision is based on information provided by security authorities about the diplomats’ activities in Montenegro, the ministry said. No other details were immediately available.
Montenegro last month expelled another Russian diplomat. Local media said at the time that he was believed to be an intelligence officer.
Montenegro is not a member of the European Union but has joined Western sanctions against Moscow.
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LONDON — Pink Floyd are releasing their first new music in almost three decades to raise money for the people of Ukraine.
“Hey Hey Rise Up” features group members David Gilmour and Nick Mason, with vocals from Ukrainian singer Andriy Khlyvnyuk of the band BoomBox. It’s Pink Floyd’s first original recording since “The Division Bell” in 1994.
The song features Khlyvnyuk singing a patriotic Ukrainian song, from a clip he recorded in front of Kyiv’s St. Sophia Cathedral and posted on social media.
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UNITED NATIONS — The U.N. General Assembly has voted to suspend Russia from the U.N.’s leading human rights body over allegations of horrific rights violations by Russian soldiers in Ukraine, which the United States and Ukraine have called tantamount to war crimes.
Russia is the second country to have its membership rights stripped at the Human Rights Council, which was established in 2006. In 2011, the assembly suspended Libya when upheaval in the North African country brought down longtime leader Moammar Gadhafi.
The vote on Thursday was 93-24 with 58 abstentions. That is significantly lower than votes on two resolutions the assembly adopted last month demanding an immediate cease-fire in Ukraine, withdrawal of all Russian troops and protection for civilians. Both resolutions were approved by at least 140 nations.
U.S. Ambassador Linda Thomas-Greenfield launched the campaign to suspend Russia from its seat on the 47-member Human Rights Council in the wake of videos and photos of streets in the Ukrainian town of Bucha strewn with corpses of what appeared to be civilians after Russian soldiers retreated. The deaths have sparked global revulsion and calls for tougher sanctions on Russia, which has denied its troops were responsible.
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WASHINGTON — The U.S. moved Thursday to choke off U.S. exports to three Russian airlines as part of what officials described as an unprecedented enforcement action.
The Commerce Department said the move would prevent the Russian national flag carrier Aeroflot, Utair and Azur Air from receiving items from the U.S., including parts to service their aircraft.
Matthew Axelrod, an assistant commerce secretary for export enforcement, told reporters the sanctioned airlines will largely be unable to continue to fly since they will be cut off from the parts and services needed to maintain their fleets.
The actions, known as temporary denial orders, do allow the Commerce Department to grant exceptions when the safety of a flight would be at risk. The orders extend for 180 days, though they can be renewed.
The private sector has also taken its own action against Russian airlines in response to the war against Ukraine, with Delta Air Lines in February suspending its codesharing partnership with Russian national airline Aeroflot.
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LONDON — Prime Minister Boris Johnson on Thursday announced plans to build more nuclear power plants, boost renewable energy production and further tap domestic oil and gas reserves to help the U.K. reduce its dependence on Russian energy following the invasion of Ukraine.
Johnson announced the strategy three weeks after he said Western countries had made a “terrible mistake” in failing to wean themselves off Russian energy following Russian President Vladimir Putin’s 2014 annexation of Ukraine’s Crimean Peninsula.
The goal is to build eight new nuclear reactors by 2050, tripling U.K. production of nuclear energy to 24 gigawatts, or a quarter of projected electricity demand.
In addition, the strategy targets a 10-fold increase in production of electricity from offshore wind farms and an unspecified boost from onshore wind farms in a “limited number of supportive communities.”
The government also announced a new round of licensing for oil and gas projects in the North Sea, saying these fuels would be key to U.K. energy security and as a transition to low-carbon renewable energy. Other elements include promoting solar power and increasing hydrogen production for use in fuel cells.
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WARSAW, Poland – A surgeon in Poland says a seriously wounded 13-year-old boy from Ukraine will require long, specialized treatment for the injuries he suffered in the early days of Russia’s invasion.
Pediatric surgeon Professor Jan Godzinski, of the T. Marciniak hospital in Wroclaw said Thursday that a detailed diagnostic scan has been performed on the “very serious” injuries that Volodymyr, or Vova, has suffered to his back, spine and facial nerves.
Vova was injured and his father was killed in late February when the car in which the family were trying to flee Ukraine’s capital of Kyiv was shelled by Russian forces. Doctors in Kyiv were able to save his life, and he was later transferred to Lviv, but he is now in a wheelchair due to the spine injuries and one side of his face is paralyzed.
Some shrapnel particles in his body still need to be removed, Godzinski said.
“What moved me most was that he smiled when we told him we will be able to help him,” Godzinski said on Poland’s private TVN24.
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Belarusian President Alexander Lukashenko is calling for his country to be included in negotiations about ending the war in Ukraine.
“There can be no negotiations without the participation of Belarus,” Lukashenko said at a meeting Thursday of his national security council. “There can be no separate agreements behind the back of Belarus.”
Russia has launched missile attacks on Ukraine from Belarus and Russian troops invaded Ukraine from Belarus. There has been no confirmation of claims that Belarusian forces entered Ukraine.
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ANKARA, Turkey — Turkish Foreign Minister Mevlut Cavusoglu says scenes that have emerged from the Ukrainian town of Bucha, which was recaptured from Russian forces, have “cast a shadow” over negotiations between Russia and Ukraine but says the sides must continue to talk under all circumstances.
Speaking after a NATO foreign ministers’ meeting on Thursday, Cavusoglu said he told his Ukrainian counterpart that Turkey was prepared to host possible peace talks.
“The only way is diplomacy,” he told Turkish journalists in Brussels.
Turkey, which has maintained its close ties with both Moscow and Kyiv, has hosted a meeting between the two countries’ foreign ministers as well as talks between the two negotiating teams.
The minister said Turkey was also talking with both Russia and Ukraine about the possible evacuation of civilians from the besieged city of Mariupol by sea. Some 30 Turkish citizens as well as their companions were still trapped in the city, he said.
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THE HAGUE, Netherlands — European Union police agency Europol says representatives of member states have discussed ways of tackling organized crime linked to the war in Ukraine.
Europol said after a meeting Thursday that initial intelligence analysis has uncovered “crime patterns” including human trafficking, online fraud, cybercrime and firearm trafficking and warned that the war could lead to more activity by organized crime networks.
The agency says it is “necessary to mobilize resources and increase the preparedness” of a multidisciplinary platform that tackles serious and organized crime.
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BRUSSELS — Ukraine’s foreign minister says he’s cautiously optimistic that some NATO member countries will increase their weapons supplies to his country, helping it resist Russia’s invasion, but he urged swift decisions and action.
Speaking Thursday after talks in Brussels with NATO foreign ministers, Ukrainian Foreign Minister Dmytro Kuleba declined to say which countries would be providing equipment or what kind they would be, but he said the weapons must get to Ukraine quickly as Russia gears up for a new offensive in the eastern Donbas region.
Kuleba said: “Either you help us now, and I’m speaking about days, not weeks, or your help will come too late.”
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HELSINKI — Finland and Estonia say they are jointly planning to rent a floating liquefied natural gas, or LNG, terminal to ensure gas supply in the two countries in efforts to break energy dependence on neighboring Russia.
Finnish Minister of Economic Affairs Mika Lintila and his Estonian counterpart Taavi Aas said in a statement Thursday that a movable off-shore LNG terminal would offer a quick solution in guaranteeing gas supply in the two European Union members separated by the Baltic Sea.
“Due to the war in Ukraine, we must prepare for possible interruptions of gas import” through pipelines from Russia, Lintila said, adding that a floating LNG terminal “is an efficient way to secure gas supply, including in industry.
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BRUSSELS — The Group of Seven major world powers are warning Russia they will keep ramping up sanctions until its troops leave Ukraine and that those responsible for alleged war crimes will be prosecuted.
G7 foreign ministers vowed Thursday to “sustain and increase pressure on Russia by imposing coordinated additional restrictive measures to effectively thwart Russian abilities to continue the aggression against Ukraine.”
Western nations have already slapped several rounds of sanctions on Russia, including on President Vladimir Putin, his family and associates, but have been reluctant to hit the country’s energy sector.
The G7 ministers, meeting on the sidelines of NATO talks in Brussels, say they “are taking further steps to expedite plans to reduce our reliance on Russian energy, and will work together to this end.”
Following allegations this week of war crimes in the city of Bucha, the ministers insist that “those responsible for these heinous acts and atrocities, including any attacks targeting civilians and destruction of civilian infrastructure, will be held accountable and prosecuted.”
They also repeated warnings about the use of chemical, biological or nuclear weapons, saying that “any use by Russia of such a weapon would be unacceptable and result in severe consequences.”
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MOSCOW — Russia’s top diplomat has accused Ukraine of derailing talks with Moscow by changing its negotiating stance.
Foreign Minister Sergey Lavrov said Thursday that Ukraine had walked back its proposal that international guarantees of its security don’t apply to Crimea.
Russian annexed the Black Sea peninsula in 2014 and wants Ukraine to acknowledge Moscow’s sovereignty over it.
Lavrov also accused Ukraine of modifying a provision in a draft deal it had submitted earlier that said that military drills on Ukrainian territory could be organized with the consent of all guarantor countries, including Russia.
Lavrov added that Russia intends to continue the talks despite the Ukrainian “provocations.”
There was no immediate response to his claims from the Ukrainian government.
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GENEVA — The World Health Organization says 73 people have died in 91 attacks on public health care in Ukraine during the war with Russia.
The targets have included ambulances, hospitals and clinics, and medical workers.
“The life-saving medicine that Ukraine needs right now is peace,” WHO Europe regional director Hans Kluge told reporters Thursday in the western Ukraine city of Lviv.
About half of Ukraine’s pharmacies are believed to be closed and 1,000 health facilities are near conflict areas, endangering the provision of care to those who need it, according to WHO.
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Kremlin spokesman Dmitry Peskov says Russia intends to respond to U.S. sanctions against Russian President Vladimir Putin’s daughters as it sees fit.
“Russia will definitely respond, and will do it as it sees fit,” Peskov said Thursday.
The U.S. on Wednesday announced that it is sanctioning Putin’s two adult daughters as part of a new batch of penalties on the country’s political and economic systems in retaliation for its alleged war crimes in Ukraine.
Peskov told a conference call with reporters that the sanctions “add to a completely frantic line of various restrictions” and the fact that the restrictions target family members “speaks for itself.”
“This is something that is difficult to understand and explain. But, unfortunately, we have to deal with such opponents,” Peskov said.
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ATHENS, Greece — Ukrainian President Volodymyr Zelenskyy says his country needs anti-aircraft defense systems, artillery systems, munitions and armored vehicles to hold Russia’s invasion at bay.
“The sooner Ukraine receives this help, the more lives we can save in Ukraine,” Zelenskyy said in an address to Greek parliament Thursday.
Zelenskyy emphasized the destruction wrought on the southern port city of Mariupol, home to a sizeable Greek-Ukrainian community, and urged Greece to help prevent the same fate befalling Odesa, another Ukrainian port city with deep ties to Greece.
The Ukrainian president called for sanctions on all Russian banks and a ban on Russian ships from entering ports as a way of hindering Russia’s ability to finance the war.
“Russia is absolutely confident in its invincibility and that they could do whatever they want without going unpunished. We have to stop it. We must bring Russia to justice,” Zelenskyy said.
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LVIV, Ukraine — Ukraine’s deputy prime minister says Russian forces have agreed on 10 humanitarian corridors for the evacuation of civilians in three eastern regions of Ukraine on Thursday.
Russia is expected to intensify its military campaign for control of Ukraine’s industrial east in coming days and weeks, and Ukraine has appealed to NATO for more weapons to help stop it.
Deputy Prime Minister Iryna Vereshchuk said civilians from the Donetsk, Luhansk and Zaporizhzhia regions will be able to evacuate to the cities of Zaporizhzhia and Bakhmut.
Vereshchuk said on the messaging app Telegram that it would be possible to travel from Mariupol and Enerhodar to Zaporizhzhia by car and from Berdyansk, Tokmak and Melitopol by car and on buses.
Evacuations to Bakhmut, a city in the Donetsk region, will take place in Severodonetsk, Lysychansk, Popasna, Girske and Rubizhne of the Luhansk region.
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BRUSSELS — NATO Secretary-General Jens Stoltenberg is calling on members of the organization to provide more weapons for Ukraine and not just defensive anti-tank and anti-craft arms.
As NATO defense ministers gathered in Brussels on Thursday, Stoltenberg said “I have urged allies to provide further support of many different types of systems, both light weapons but also heavier weapons.”
Stoltenberg says that NATO countries, but not NATO as an organization, are supplying many kinds of arms and other support to Ukraine but that the 30 allies can do more.
Stoltenberg is insisting that it is also important for NATO not to be dragged into a wider war with Russia.
“NATO is not sending troops to be on the ground. We also have a responsibility to prevent this conflict from escalating beyond Ukraine, and become even more deadly, even more dangerous and destructive,” he said. | https://cw33.com/news/international/ap-international/live-updates-russia-ukraine-war-2/ | 2022-04-07T23:53:00Z |
Oakland Pool to reopen after further vandalism causes closure
TOPEKA, Kan. (WIBW) - The Oakland Pool will reopen on Saturday after yet another round of vandalism begged its closure.
Shawnee County Parks + Recreation says the Oakland Pool will reopen at noon on Saturday, July 23, following another recent round of vandalism.
Parks staff said vandalism included broken glass getting in the pool, which required crews to drain and clean the pool once again. Staff started to refill the pool Wednesday afternoon and was completed Friday morning.
SCP+R noted that chemicals will balance in the pool on Friday so that it can resume normal operations from noon to 5 p.m. on Saturday.
Due to the 57-year-old pool’s aluminum tank design, Parks and Rec. said there is no drain so water is required to be pumped out to drain the pool. It noted the pool is refilled with a 2-inch pipe so it does take quite some time to refill.
The Oakland Pool was the only pool to open late in Shawnee Co. this summer after vandalism and winter storms delayed the opening. In June, the Department noted that bathroom sinks had been thrown in the pool and graffiti had plastered the pool.
A winter storm also cut power to the park earlier in the year. A new transformer was ordered to fix the issue, however, supply chain issues delayed its arrival in the Capital City which in turn delayed the repairs and opening of the pool.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/22/oakland-pool-reopen-after-further-vandalism-begged-closure/ | 2022-07-22T20:52:04Z |
NEW YORK, May 3, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Innovative Industrial Properties, Inc. ("IIPR" or the "Company") (NYSE: IIPR). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether IIPR and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On April 14, 2022, Blue Orca Capital ("Blue Orca") published a short report on IIPR, which it described as "a marijuana bank masquerading as a REIT." The Blue Orca reported asserted, among other things, that "[i]n the last 17 months . . . IIPR's loan book appears to have degraded significantly as the sector has become more competitive and IIPR stretched for lower quality tenants in search of continuing growth", that "IIPR's largest tenant is a failed SPAC that appears to be in severe financial distress and was recently sued by investors", and that "[u]nlike with other REITs, IIPR cannot expect to recover the lost income from defaulting tenants because it appears that the actual values of its properties are substantially below their carrying value on IIPR's balance sheet."
On this news, IIPR's stock price fell $13.76, or 7.50% to close at $169.68 per share on April 15, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 9980
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SOURCE Pomerantz LLP | https://www.wibw.com/prnewswire/2022/05/03/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-innovative-industrial-properties-inc-iipr/ | 2022-05-03T07:29:16Z |
WASHINGTON , June 16, 2022 /PRNewswire/ -- Six months after America's Frontline Doctors' viral video of their press conference on the steps of the U.S. Supreme Court on July 27, 2020, Founder Dr. Simone Gold traveled to a free speech rally in Washington, D.C., to speak on January 6, 2021. In the months between the press conference and January 6th, Dr. Gold was asked to present publicly on numerous occasions about physicians' free speech and her experience of being fired for prescribing early treatment to Covid-19 patients. By this time, she had also founded America's Frontline Doctors, a division of the Free Speech Foundation, a 501(c)(3) organization. Dr. Gold was scheduled to speak on January 6th alongside numerous other presenters after President Trump's appearance at the rally, which had a government approved permit. At her expected start time, Dr. Gold was then told all speeches were suddenly canceled without explanation. Upon hearing this, Dr. Gold was amongst thousands swept into the Capitol building when the doors were opened from the inside, with law enforcement officers ushering people in. While there, Dr. Gold realized it was the only remaining moment to deliver her message to those who came to hear it, and so she gave her remarks there. When an officer instructed her to move towards an exit, she complied, and shortly after when asked to leave the building entirely, she did so. The media coverage after January 6th showed carefully selected edits of violent scenes, but that was not Dr. Gold's observation of the day. Subsequently, Dr. Gold was arrested and prosecuted along with hundreds of other non-violent citizens for being present at the Capitol. Dr. Gold reached a plea agreement for entering a restricted building. Her sentencing is scheduled today, June 16, 2022.
Dr. Gold did express regret for being involved in a situation that later became unpredictable, but what she is facing are the consequences of exercising free speech in today's America. Like most January 6th defendants, she is a victim of selective prosecution – a defining feature of corrupted governments, and a direct violation of the equal protection guarantee of the US Constitution.
For example, consider that there were hundreds of arrests for violent protests in association with President Trump's Inauguration in 2017. The government subsequently dropped all of those charges, including charges against people who were actually disrupting Congress from inside the Congressional gallery while Congress was in session. But with the January 6th arrests, the government has not only failed to drop any charges against nonviolent persons in public spaces, such as Dr. Gold, it has instead aggressively violated defendants' civil rights at nearly every turn.
There are innumerable well-documented instances of January 6th defendants not receiving due process noted in the book January 6 authored by Julie Kelly. For instance, some defendants have been held in prison for nearly 18 months pretrial. In Dr. Gold's case, she peacefully gave a speech on medical freedom and Constitutional rights in the public Rotunda. This resulted in the government violently arresting her in a surprise raid, breaking the front door of her home, using over a dozen FBI and law enforcement officers with assault weapons pointed at her from two feet away. The intent to terrorize her with this tactical assault suited to a raid on a violent drug cartel was unmistakable; she suffers from PTSD to this day.
Dr. Gold's peaceful exercise of her 1st Amendment rights also resulted in numerous restrictions of her personal civil liberties and severe interference with her ability to serve the millions who look to America's Frontline Doctors for life- saving information and civil rights support. This continued for over a year before any adjudication.
Such inequitable treatment based upon political preference shows the collapse of the rule of law. For people interested in learning the truth about the January 6th event, please watch Capitol Punishment. In addition, the government has aggressively refrained from arresting or prosecuting certain highly visible individuals seen on videotape who waived people into the building. The government has aggressively withheld 14,000 hours of closed-circuit security footage. The government has not disclosed how many FBI agents and assets were in the crowd. And the media lied when it stated five officers were killed – exactly zero officers were killed that day. The only person who was killed, Ashli Babbitt, a petite unarmed 35-year-old female military veteran posing no lethal danger, was gunned down by Michael Byrd, a Capitol police officer, who in a prior incident of severe negligence left a loaded gun with no safety in a public restroom. Byrd was never charged for Babbitt's murder.
Dr. Gold remains committed to her advocacy for physicians' free speech. In quoting George Washington, she said: "If freedom of speech is taken away, then dumb and silent we may be led, like sheep to the slaughter." For over two years now, We The People have been under attack. Our Constitutional rights have been increasingly trampled and eroded. The First Amendment has been annihilated. This is unprecedented in our lifetimes.
A concerted effort has been undertaken to "cancel" physicians who do not follow the mainstream narrative. Dr. Gold has been targeted by these attacks since the White Coat Summit in July 2020 when she shared the news of lifesaving medications alongside many esteemed colleagues, now numbering in the tens of thousands. The California Medical Board subsequently threatened Dr. Gold's license with an unfounded claim she was sharing "dangerous disinformation." Meanwhile, data continues to grow in overwhelming support of her positions with every passing week.
The attempted silencing of this one doctor was just a preamble for what is to come throughout the nation. California AB 2098, an official government censorship bill, has just been passed through the CA State Assembly. This outrageous bill puts a gag order on doctors in exchange for a California medical license. Without a license, a doctor cannot practice medicine. When a doctor has a license revoked in any state, it is incredibly difficult, if not impossible, for that doctor to obtain a license in another state. This is career-ending. Further, AB 2098 proposes to violate the privacy of the doctor-patient relationship and create a new category of "unprofessional conduct" against doctors who provide education and early treatment for Covid-19. AFLDS has prepared a comprehensive Issue Brief on AB 2098.
Issue Brief - CA AB 2098 | America's Frontline Doctors (AFLDS.org)
As we consider the results of Dr. Gold's sentencing, one thing is clear. We are still far from the change that is needed. The Constitution is crumbling before us, and we must continue to stand for what is right. We will never cower to government threats and harassment. Dr. Gold risked her career when she stood against the mainstream narrative to save lives. Now, she still stands, risking her freedom, to choose what is right over what is comfortable. We must learn to be so bold and continue to stand together against the growing tyranny we face.
America's Frontline Doctors is the nation's premier Civil Liberties Organization. Our mission is to provide We The People with independent information from the world's top experts in medicine and law so you can be empowered with facts, protect your health, and exert your inalienable and Constitutionally guaranteed rights. Aflds.org
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SOURCE Free Speech Foundation | https://www.mysuncoast.com/prnewswire/2022/06/16/loss-equal-protection/ | 2022-06-16T18:43:28Z |
BRUSSELS (AP) — European Union nations struggled Monday to find common ground on how to wean the bloc off its reliance on Russian natural gas, seeking to appease wary, stressed consumers at home while upholding unity as Moscow turns down the tap.
Russian President Vladimir Putin has weaponized gas exports to pressure the bloc into reducing its sanctions over the war in Ukraine or to push other political aims. Ukrainian President Volodymyr Zelenskyy on Monday called Russia’s cuts to gas deliveries “a form of terror” and urged European countries to respond by tightening sanctions on Moscow.
On the eve of an emergency meeting to discuss plans to cut EU gas use 15% over the coming months, envoys on Monday were still brokering a possible compromise that should keep all 27 nations in line by Tuesday night.
“This a still a work in progress,” said a senior diplomat who asked not to be identified because the talks were still ongoing.
The bloc is bracing for a possible full Russian cutoff of natural gas supplies that could add a big chill to the upcoming winter, leaving nations like economic juggernaut Germany especially exposed. But some other EU countries, like Spain and Portugal, which have little dependence on Russian gas, do not want to force such a major cut on their people.
Russia has cut off or reduced gas to a dozen EU countries so far. On Monday, it said it will slash flows this week through a major pipeline to Germany by another half, to 20% of capacity. The Nord Stream 1 pipeline reductions further endanger goals to fill European gas storage tanks for winter as envoys haggled over EU plans.
It was what European Commission President Ursula von der Leyen had seen coming when she announced the plan. She is convinced that Putin will cut off natural gas exports to try to wreak economic and political havoc in Europe this winter.
“This is exactly the sort of scenario the president was referring to last week,” said Commission spokesman Eric Mamer. “This development validates our analysis. We therefore hope that the Council will adopt an appropriate response” on Tuesday.
The diplomat said ambassadors had been working nonstop on the divisive issue and had sought to clip the powers of the executive European Commission, which under its plan, could sidestep member countries to impose such reductions.
“First and utmost” was the need to put EU nations in charge of deciding when such cuts should become mandatory, the diplomat said. Yielding some of their powers over energy policy to EU officials in Brussels has long been anathema in some national capitals. Hungarian officials were in Moscow last week, reportedly seeking additional energy imports.
Spain and Portugal have already said making mandatory reductions are a nonstarter. They noted that they use very little Russian gas compared with countries such as Germany and Italy and that there are scant energy connections linking them to the rest of Europe.
A one-size-fits-all solution seemed off the table Monday as envoys were looking at exemptions for island nations that are not connected to other networks, for Baltic nations that have close links with the Russian electricity grid, or nations whose industries depend heavily on gas imports.
Reducing EU gas use by 15% between August and next March will not come easy. The European Commission signaled its proposed target would require EU countries as a whole to triple the cuts they have already achieved since Russia invaded Ukraine on Feb. 24.
Yet there is a fear of displaying a lack of solidarity, with the rest of the world — especially Russia — looking on.
“The world is watching very closely,” the diplomat said.
During the war, the EU has approved bans on Russian coal and most oil to take effect later this year, but it did not include natural gas because the bloc depends on gas to power factories, generate electricity and heat homes.
The aim of the commission’s proposals is to ensure, in case of a Russian cutoff, that essential industries and services like hospitals can function, while others would have to cut back. That could include lowering heat in public buildings and enticing families to use less energy at home.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine. | https://cw33.com/business/ap-business/eu-struggles-with-how-to-cut-off-reliance-on-russian-gas/ | 2022-07-26T10:49:50Z |
Jackson area spring sports top performers from Week 8: Crenshaw's hat trick leads to Hornets win
The eighth week of the spring season is upon us.
Follow this week's high school spring sports action with a list of the top high school baseball, soccer and softball performances:
Tuesday
Baseball
John Carter Phillips, Gibson County: Phillips went 2-2 with two home runs, three runs scored and three RBIs in the 8-6 win over Crockett County.
Isaac Goad, Gibson County: Goad went 2-4 with a home run, a double, two runs scored and three RBIs.
Bryce Simpson, Gibson County: Simpson went 3-4.
Jake McDaniel, McKenzie: McDaniel went 2-4 with with a run scored in the 6-5 loss to South Gibson.
Zayden McCaslin, McKenzie: McCaslin went 1-2 with a run scored.
Braden Birmingham, McKenzie: Birmingham went 1-2 with a run scored.
Jack Brafa, South Gibson: Brafa went 2-3 with two RBIs in the 6-5 win over McKenzie.
Alex Pruett, South Gibson: Pruett went 2-3 with a double and a run scored.
Drew Morris, USJ: Morris went 3-3 with a double, a triple and a run scored in the 4-1 loss to Arlington.
Soccer
Jonathan Grajeda, Crockett County: Grajeda had a pair of goals in the 3-1 win over Lexington.
Jose Garza, Lexington: Garza scored a goal.
Fletcher Martin, Gibson County: Martin scored a goal in the 3-1 loss to Haywood.
Ross Crenshaw, South Gibson: Crenshaw had a hat trick in the 6-1 win over Covington.
Grant Goodman, South Gibson: Goodman scored a goal and had an assist.
JC McKnight, South Gibson: McKnight scored a goal and had an assist.
Kaleb McCauley, South Gibson: McCauley scored a goal.
Softball
Mollie Oliver, Dresden: Oliver went 2-3.
Maggie Oliver, Dresden: Oliver went 1-2 with a run scored.
Savannah Davis, McKenzie: Davis went 1-2 with a run scored in the 4-3 win over McKenzie.
Monday
Baseball
Bryce Simpson, Gibson County: Simpson went 2-3 with a triple, two RBIs and a run scored in the 6-2 win over Obion County.
Matthew Reynolds, Gibson County: Reynolds went 1-2 with two runs scored.
Bryce Robbins, South Gibson: Robbins had 13 strikeouts and allowed a hit and two runs scored int the 10-2 win over Peabody.
Turner Murchinson, South Gibson: Murchinson went 3-4 with two RBIs and a run scored.
Soccer
Chandler Adams, Union City: Adams had a hat trick in the 10-1 win over Ripley.
Logan Elmore, Union City: Elmore had a pair of goals.
Juan Lopez, Union City: Lopez scored a goal.
Riley Caudill, Union City: Caudill scored a goal.
Softball
Kenadie Gibson, Huntingdon: Gibson went 3-5 with a home run, two doubles and an RBI in the 12-4 win over Gibson County.
Ava Ryan Canovan, Huntingdon: Canovan went 3-4 with two RBIs.
Karter Moore, Huntingdon: Moore went 3-3.
Natalie Kreuziger, Huntingdon: Kreuziger had 11 strikeouts and allowed three hits and two runs. | https://www.jacksonsun.com/story/sports/high-school/2022/05/03/jackson-area-spring-sports-top-performers-week-8/9624366002/ | 2022-05-04T05:50:24Z |
Joe Quient Whitley
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Joe Quient Whitley
June 29, 1934 - August 24, 2022
On August 24, 2022, Joe Quient Whitley passed at home surrounded by his loving family. He was 88 years young. He was married to the love of his life, LaVerne Whitis, for 67 years. He worked for the State of Texas for 38 years. He is preceded in death by his parents, Sam Houston Whitley and Lillie Belle Lancaster Whitley and his brothers and sisters. He is survived by his wife, LaVerne, and daughters; Nancy Clampet & husband Steve; and Debbie Sturtevant & husband Charles (Doc) Sturtevant. Grandchildren: Christopher Clampet & wife Kristi Clampet, T.J. Clampet, Dusty Ham & husband Lonnie Ham, and Matt Clampet. Great-Grandchildren: Keeley Ham, Conner & Dakota Clampet.
Joe was a loving husband and wonderful father who will be missed greatly.
Visitation will be at 1pm Saturday 27 August 2022 from 1-2pm at Dossman Funeral Home.
Services will be at 2pm Saturday 27 August 2022 at Dossman Funeral Home. Interment to follow at Salado Cemetery.
Paid Obituary | https://www.tdtnews.com/obituaries/article_e264a402-2486-11ed-b829-8b6dfd3e761b.html | 2022-08-26T10:16:31Z |
NEWPORT BEACH, Calif., April 20, 2022 /PRNewswire/ -- Crown Sterling Limited LLC, an encryption and digital asset solutions provider, has officially bridged onto the Ethereum network via its wrapped CSOV token, now listed on BitMart, a global exchange with fiat on-ramp services available to U.S citizens.
To increase cross-chain compatibility and accessibility of CSOV and quantum-proof products, Crown Sterling launched its ERC-20 token earlier this week. Trading pairs available are WCSOV/USDT and WCSOV/ETH. The wrapped CSOV token (WCSOV) is pegged at a 1:1 ratio through a smart contract on Ethereum. Live today on BitMart; users can purchase and trade WCSOV, which can be later swapped into native CSOV to access Crown Sterling's quantum-resistant encryption and compression products and services suite.
"We are excited about this listing, as all U.S. citizens with access to the markets will be able to participate in CSOV and the Personal Data Sovereignty Transformation. We are launching powerful products in 2022 and 2023, from Quantum Resistant Encryption and Messaging to NFT Collectibles and Mathematical Compression/Decentralized Storage. We are very grateful to be leading this effort toward greater freedom of speech and ownership of data," shared Robert Grant, CEO and Founder of Crown Sterling.
"I believe cross-chain protocol interoperability is a much-needed natural evolution of the industry. With our novel compression technology in deep development and our Quantum Resistant Encryption products, I envision Crown Sterling at the heart of the Web 3.0 revolution with cross-chain interoperability via bridging technology accelerating that journey. This upcoming bridge opens up an expansive decentralized ecosystem with vast partnership opportunities," stated Kuran Sailopal, Crown Sterling's Senior Vice President of Corporate Development and EMEA.
With data emerging as the most valuable asset of the digital age, Crown Sterling's mission is to empower individuals to protect, control, and monetize their data in an era of largely unregulated Big Tech vulnerability and monopolization. For more on Crown Sterling and CSOV, join the community on Telegram and Twitter.
Crown Sterling is a pioneer of personal data sovereignty technologies. The Crown Sterling Chain is a live network on the Polkadot network, with quantum-resistant One-Time Pad encryption as an option for the blockchain's state transition function, which is the process flow of transactions on a network. The Crown Sovereign ($CSOV), a quantum-resistant utility token, enables users to participate in a broad range of product offerings, including quantum-resistant cryptography and NFTs, as well as other future compression technologies. Crown Sterling looks forward to becoming the leading data and digital asset management platform.
Tel: +1-949-260-1700
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SOURCE Crown Sterling | https://www.mysuncoast.com/prnewswire/2022/04/20/crown-sterling-announces-bitmart-exchange-listing/ | 2022-04-20T16:36:32Z |
SEBRING, Fla., June 15, 2022 /PRNewswire/ -- With 14 facilities spanning nationwide, Banyan Treatment Centers is proud to announce our newest inpatient location in Sebring, FL. By treating over 40,000 patients and counting, Banyan has helped the lives of many across the nation combat addiction, mental illness, and eating disorders.
Its latest facility, Banyan Sebring, offers inpatient treatment for substance use, mental health, and co-occurring disorders. Located on Lake Sebring, this detox and residential facility has 40 beds, a swimming pool, a volleyball court, and many more incredible amenities.
Our Substance Use Program includes medically assisted detox for patients who are physically and chemically dependent on substances as well as residential care for patients with substance use, mental health, or co-occurring disorders. The Mental Health Program at Banyan Sebring treats disorders such as but not limited to mood, thought, and anxiety disorders, schizophrenic disorders, bipolar disorders, and post-traumatic stress disorder.
As an inpatient facility, Banyan Sebring offers safe and secure housing where patients while receiving 24/7 care from medical and clinical staff. During programming, patients receive daily group therapy and weekly individualized therapy. Banyan Sebring also offers a family program, alumni program, faith program, and case management services.
For those seeking a full continuum of care, Banyan has additional locations in Florida offering outpatient services for substance use and mental health disorder.
As one of the leading drug and alcohol addiction treatment programs, Banyan's mission is to help those who suffer from addiction and mental illness achieve true happiness and long-lasting recovery. Banyan has set an exceptional standard within the addiction and mental health industry with robust clinical services along with a holistic and innovative approach to treatment.
Banyan will be hosting an Open House event on July 12th, from 11 am – 4 pm for those in the community interested in meeting the team and learning more. To RSVP, please visit www.banyansebring.eventbrite.com.
To learn more about the program offered at Banyan Sebring, visit our website at BanyanSebring.com. Banyan continues to strive to improve the lives of individuals with substance use and mental health disorders. See the organization's media section or Banyan blog here. If you or someone you know is struggling with a mental health disorder, substance use disorder, or eating disorder, please call us today at (877) 836-7614.
FOR FURTHER INFORMATION:
Alyssa Shapper
National Director of Digital Marketing
Banyan Treatment Centers
Website: https://www.banyantreatmentcenter.com/
Email: ashapper@banyancenters.com
Telephone: (888) 230-3122
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SOURCE Banyan Treatment Centers | https://www.mysuncoast.com/prnewswire/2022/06/15/banyan-treatment-centers-opens-15th-location-sebring-florida-offering-substance-use-disorder-mental-health-treatment-with-detox-residential-levels-care/ | 2022-06-15T16:51:01Z |
Police: Mother facing charges after 3-year-old son found dead with drugs in system
KANSAS CITY, Mo. (KCTV/Gray News) - A Kansas City woman is facing charges after police say they found her child unresponsive inside a home earlier this week.
According to court records, the Kansas City Police Department responded to reports of a child who died at a residence on Wednesday.
First responders reportedly found a 3-year-old boy unresponsive and covered up on a bed. Officers said they removed a blanket and saw the boy not moving with discolored feet.
KCTV reports the officers also noted seeing a raised, discolored scab on the boy’s back that indicated a possible infection.
Authorities said the 3-year-old’s body was taken to Children’s Mercy Hospital, where lab results indicated he had amphetamines in his system.
The boy’s mother, Michaela Chism, reportedly told police that she had stayed at the residence for about two weeks. She said the people in the home, including herself, consumed controlled substances, including methamphetamine and fentanyl.
Police said Chism told investigators that one evening she woke up and began watching TV and noticed her son was not moving. She went to check on him, and he was unresponsive.
According to court documents, Chism told police her son had died on the couch and was moved to a bedroom when police were initially called to the home for a welfare check.
Authorities said they obtained a search warrant and detectives found drug paraphernalia throughout the residence, crystal-like substances and multiple prescription pill bottles.
Police report Chism has been charged with first-degree child endangerment and first-degree child endangerment involving drugs in the case that remains under investigation.
Copyright 2022 KCTV via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/18/police-mother-facing-charges-after-3-year-old-son-found-dead-with-drugs-system/ | 2022-08-18T21:05:38Z |
HOLON, Israel, Sept. 12, 2022 /PRNewswire/ -- Compugen Ltd. (Nasdaq: CGEN), a clinical-stage cancer immunotherapy company and a pioneer in computational target discovery, announced today that Alberto Sessa has been appointed Chief Financial Officer (CFO) and member of the management team. Alberto will join Compugen on November 1, 2022.
"I am delighted to have a financial executive of Alberto's expertise and experience join Compugen and strengthen our management team," said Anat Cohen-Dayag, Ph.D., President, and Chief Executive Officer of Compugen. "His extensive experience and track record in leading financing, investor relations, M&A, and business development transactions and providing strategic financial direction to grow companies, will be invaluable as we accelerate towards our strategic ambitions and deliver value to our stakeholders including patients and shareholders."
"This is an exciting time to join Compugen. I look forward to working closely with Anat and the team at Compugen, using my skills as a veteran CFO with strategic vision and substantial financial and capital market experience to accelerate our leadership in the DNAM-1 axis and advance our pipeline and our vision of transforming the lives of patients with cancer," said Mr. Sessa.
Alberto brings more than 30 years of industry experience to Compugen by serving in public and private companies. Throughout his career he has gained vast experience in leading financing, investor relations, M&A, and business development transactions. He most recently served as acting CFO at several startup companies in the high-tech industry. Prior to this, as CFO at Nasdaq and TASE listed Allot, he was instrumental in helping turn around the company to reach a path of sustained growth. Previously, Alberto spent seven years as Worldwide Group CFO at Nasdaq listed Amdocs with responsibility for the global financial business activities. Alberto holds a Master of Business Administration and bachelor's in economics and statistics from the Hebrew University of Jerusalem.
About Compugen
Compugen is a clinical-stage therapeutic discovery and development company utilizing its broadly applicable predictive computational discovery capabilities to identify new drug targets and biological pathways for developing cancer immunotherapies. Compugen has developed two proprietary product candidates: COM701, a potential first-in-class anti-PVRIG antibody and COM902, a potential best-in-class monoclonal antibody targeting TIGIT for the treatment of solid tumors. Partnered programs include bapotulimab, an antibody targeting ILDR2, in Phase 1 development, licensed to Bayer under a research and discovery collaboration and license agreement, and a TIGIT/PD-1 bispecific derived from COM902 (AZD2936) in Phase 1/2 development by AstraZeneca through a license agreement for the development of bispecific and multi-specific antibodies. In addition, the Company's therapeutic pipeline of early-stage immuno-oncology programs consists of programs aiming to address various mechanisms of immune resistance, including myeloid targets. The most advanced program, a high affinity antibody, COM503 with first-in-class potential is about to enter pre-IND enabling studies. COM503 targets a soluble immune checkpoint upregulated in the tumor microenvironment in response to IFN-γ. Compugen is headquartered in Israel, with offices in South San Francisco, CA. Compugen's shares are listed on Nasdaq and the Tel Aviv Stock Exchange under the ticker symbol CGEN.
Investor Relations contact:
Yvonne Naughton, Ph.D.
Head of Investor Relations and Corporate Communications Compugen Ltd.
Email: ir@cgen.com
Tel: +1 (628) 241-0071
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SOURCE Compugen | https://www.kxii.com/prnewswire/2022/09/12/compugen-announces-appointment-alberto-sessa-chief-financial-officer/ | 2022-09-12T12:13:53Z |
BOSTON, June 2, 2022 /PRNewswire/ -- Valo Health, Inc ("Valo"), the technology company focused on transforming the drug discovery and development process using human-centric data and artificial intelligence, today announced its participation in the following upcoming investor conferences and events:
David Berry, Valo Health CEO and founder:
- New York Stock Exchange Health & Technology Investor Access virtual event - June 8, 2022
- Jefferies Healthcare Conference, New York, NY - June 10, 2022
- Morgan Stanley, Putting the Tech in Biotech: Exploring the World of Tech-Enabled Drug Development, New York, NY – June 28, 2022
- The University of Chicago Polsky Center, Keynote Speaker, Compass Demo Day – June 29, 2022
Brandon Allgood, Chief Artificial Intelligence Officer:
- Egnyte annual Life Sciences Virtual Summit regarding the use of AI in drug discovery and clinical trials - June 15, 2022
About Valo Health
Valo Health, Inc ("Valo") is a technology company built to transform the drug discovery and development process using human-centric data and artificial intelligence driven computation. As a digitally native company, Valo aims to fully integrate human-centric data across the entire drug development life cycle into a single unified architecture, thereby accelerating the discovery and development of life-changing drugs while simultaneously reducing costs, time, and failure rates. The company's Opal Computational Platform™ is an integrated set of capabilities designed to transform data into valuable insights that may accelerate discoveries and enable Valo to advance a robust pipeline of programs across cardiovascular metabolic renal, oncology, and neurodegenerative disease. Founded by Flagship Pioneering and headquartered in Boston, MA, Valo also has offices in Lexington, MA, New York, NY, Branford, CT, and San Francisco, CA. To learn more, visit www.valohealth.com.
Contacts:
Investors: Graeme Bell, Chief Financial Officer
gbell@valohealth.com
Media: Jennifer Hanley, VP Corporate Communications
jhanley@valohealth.com
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SOURCE Valo Health LLC | https://www.wibw.com/prnewswire/2022/06/02/valo-health-participate-upcoming-conferences-events/ | 2022-06-02T14:59:06Z |
Ricoh delivers end-to-end marketing workflow utilizing modern campaign technology to reach customers' targeted prospects and consumers
EXTON, Pa., June 14, 2022 /PRNewswire/ -- Ricoh USA, Inc. today announced, a suite of marketing services and technologies that enable medium-sized organizations in healthcare, financial services, retail, and higher education to efficiently execute marketing campaigns and improve customer communications. It is complemented by solutions such as asset development and distribution, interactive media, and communication and composition technology that drive continuous innovation, effective marketing programs, and critical business outcomes. The Ricoh marketing services suite also provides visibility into campaign results and engagement to equip businesses with an in-depth understanding of performance. The services allow users to optimize campaigns in real-time to effectively reach customers and prospects to drive business growth and optimize budgets.
Research shows that 80% of consumers are more likely to make a purchase when brands offer personalized experiences. Ricoh's holistic approach to marketing services marries advanced technology with expertise in digital, experiential and personalized communications. This methodology gives customers the competitive advantage of an additional team of marketing experts to manage projects and initiatives, freeing up internal teams for more strategic pursuits.
Campaign success has had a significant impact to bottom lines. Tami Reese, Operations Manager, Design & Print Center, Intermountain Healthcare said: "With Ricoh, we've been able to bring in roughly $1 million in rogue spending. Their suite of marketing services enables us to measure our customer SLAs and with that assessment, we've improved our processes to drive greater customer satisfaction. Working with Ricoh is worth its weight in gold."
Ricoh's suite of marketing services comprises a comprehensive and fully integrated approach, including a customized assessment, tailored consulting, and extensive campaign management, as well as flexible service consumption models with billed hours for ultimate adaptability in scope and duration of contracted services, coupled with cloud-based or on-premise software solutions.
"As the number of communication channels have expanded, our goal is to help customers efficiently develop and execute integrated marketing campaigns that effectively meet consumer expectations for always-on and omni-channel information," said Derrick Rankin, Vice President, Professional Services, Software & Strategic Solutions, Ricoh USA, Inc. "Ricoh helps fill a critical void for organizations that don't have the staff or resources to design, implement and project manage branding, communication campaigns or promotions."
Ricoh's marketing services suite is designed for mid-sized businesses, in-plants in healthcare, higher education, financial services, and retail markets, as well as creative services, corporate marketing teams, and communications organizations. Commercial printers can also benefit from this new offering, expanding marketing services to their end customers.
For more information about Ricoh, click here or follow the company's social media channels on Facebook, Instagram, LinkedIn, Twitter or YouTube.
Ricoh is empowering digital workplaces using innovative technologies and services that enable individuals to work smarter from anywhere.
With cultivated knowledge and organizational capabilities nurtured over its 85-year history, Ricoh is a leading provider of digital services, information management, and print and imaging solutions designed to support digital transformation and optimize business performance.
Headquartered in Tokyo, Ricoh Group has major operations throughout the world and its products and services now reach customers in approximately 200 countries and regions. In the financial year ended March 2022, Ricoh Group had worldwide sales of 1,758 billion yen (approx. 14.5 billion USD).
For further information, please visit www.ricoh.com
© 2022 Ricoh USA, Inc. All rights reserved. All referenced product names are the trademarks of their respective companies.
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SOURCE Ricoh USA, Inc. | https://www.wibw.com/prnewswire/2022/06/14/ricoh-empowers-mid-market-businesses-with-new-integrated-marketing-services-help-grow-business-optimize-budgets/ | 2022-06-14T14:54:02Z |
NEW YORK, April 22, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for VLON, SNAP, SNDL, NILE, and CYN.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- VLON: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=VLON&prnumber=042220226
- SNAP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SNAP&prnumber=042220226
- SNDL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SNDL&prnumber=042220226
- NILE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NILE&prnumber=042220226
- CYN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CYN&prnumber=042220226
(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/2022/04/22/thinking-about-buying-stock-vallon-pharmaceuticals-snap-sundial-growers-bitnile-or-cyngn/ | 2022-04-22T17:17:14Z |
SYRACUSE, N.Y., Aug. 24, 2022 /PRNewswire/ -- Fidelis Care, a New York State health plan with more than 2.5 million members, is sponsoring the 2022 Great New York State Fair's Adopt a Family program. Fidelis Care has sponsored the Adopt a Family program since 2016, which provides vouchers for free admission, parking, and food for families that may be struggling and otherwise wouldn't be able to attend. Through the Fair's Adopt a Family program, Fidelis Care works with different community organizations like Huntington Family Centers and Catholic Charities to identify families in need. This year, 1,800 people are expected to attend the Fair through the program.
Fidelis Care is also sponsoring Student Youth Day on August 25, where students and youth age 18 and younger will receive free admission to the fair. The health plan is also emphasizing the importance of health and wellness and will be offering free dental screenings with DentaQuest for children and adults on August 25 from 10 a.m. to 2 p.m. and will be giving away free toothbrushes.
"Fidelis Care always looks forward to our participation at the Great New York State Fair," said Chief Member Engagement Officer Pam Hassen. "Helping local families enjoy the experience of a day at the Fair and promoting the importance of health and wellness for our friends and neighbors is the heart of our mission of serving others in our community."
"Huntington Family Centers is so appreciative of the partnership with Fidelis Care and the New York State Fair Adopt a Family program," said Executive Director Mary Lou Sayles. "The program has been instrumental in having families who would not normally be able to afford a trip to the fair, have access to all that the fair has to offer. The staff and families at Huntington deeply appreciate Fidelis Care's generosity."
Representatives will be available at Fidelis Care's booth in front of the Art and Home Center to answer questions about health insurance and help eligible residents apply for enrollment.
Fidelis Care is a mission-driven health plan offering quality, affordable coverage for children and adults of all ages and at all stages of life. With more than 2.5 million members statewide, Fidelis Care believes that all New Yorkers should have access to affordable, quality health insurance. Follow us on LinkedIn at linkedin.com/company/fidelis-care, on Twitter at @fideliscare,
Instagram at @fideliscare, and on Facebook at facebook.com/fideliscare. For more information, call Fidelis Care at 1-888-FIDELIS (1-888-343-3547) or visit fideliscare.org.
Contact: mediainquiries@fideliscare.org
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SOURCE Fidelis Care | https://www.wibw.com/prnewswire/2022/08/24/fidelis-care-helps-low-income-families-attend-great-new-york-state-fair-through-adopt-family-program/ | 2022-08-24T15:43:12Z |
NEW YORK, June 30, 2022 /PRNewswire/ -- BGC Partners, Inc. (Nasdaq: BGCP) ("BGC Partners" or "BGC" or the "Company"), a leading global brokerage and financial technology company, today announced that it has updated its outlook for the quarter ending June 30, 2022.
Updated Outlook
BGC's revenue for the second quarter of 2022 is now expected to be slightly below the midpoint of the range of its previously stated outlook, while pre-tax Adjusted Earnings is expected to be around the midpoint. BGC's expected second quarter 2022 revenue would have been higher than the previously stated midpoint and in-line with the year ago period, excluding Insurance, if not for the strengthening of the U.S. Dollar during the period.
The Company's outlook was contained in BGC's financial results press release issued on May 2, 2022, which can be found at http://ir.bgcpartners.com.
Non-GAAP Financial Measures
This document contains non-GAAP financial measures that differ from the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles in the United States ("GAAP"). Non-GAAP financial measures used by the Company include "Adjusted Earnings before noncontrolling interests and taxes", which is used interchangeably with "pre-tax Adjusted Earnings"; "Post-tax Adjusted Earnings to fully diluted shareholders", which is used interchangeably with "post-tax Adjusted Earnings"; "Adjusted EBITDA"; and "Liquidity". The definitions of these terms are below.
Adjusted Earnings Defined
BGC uses non-GAAP financial measures, including "Adjusted Earnings before noncontrolling interests and taxes" and "Post-tax Adjusted Earnings to fully diluted shareholders", which are supplemental measures of operating results used by management to evaluate the financial performance of the Company and its consolidated subsidiaries. BGC believes that Adjusted Earnings best reflect the operating earnings generated by the Company on a consolidated basis and are the earnings which management considers when managing its business.
As compared with "Income (loss) from operations before income taxes" and "Net income (loss) for fully diluted shares", both prepared in accordance with GAAP, Adjusted Earnings calculations primarily exclude certain non-cash items and other expenses that generally do not involve the receipt or outlay of cash by the Company and/or which do not dilute existing stockholders. In addition, Adjusted Earnings calculations exclude certain gains and charges that management believes do not best reflect the ordinary results of BGC. Adjusted Earnings is calculated by taking the most comparable GAAP measures and adjusting for certain items with respect to compensation expenses, non-compensation expenses, and other income, as discussed below.
Calculations of Compensation Adjustments for Adjusted Earnings and Adjusted EBITDA
Treatment of Equity-Based Compensation Line Item for Adjusted Earnings and Adjusted EBITDA
The Company's Adjusted Earnings and Adjusted EBITDA measures exclude all GAAP charges included in the line item "Equity-based compensation and allocations of net income to limited partnership units and FPUs" (or "equity-based compensation" for purposes of defining the Company's non-GAAP results) as recorded on the Company's GAAP Consolidated Statements of Operations and GAAP Consolidated Statements of Cash Flows. These GAAP equity-based compensation charges reflect the following items:
- Charges with respect to grants of exchangeability, which reflect the right of holders of limited partnership units with no capital accounts, such as LPUs and PSUs, to exchange these units into shares of common stock, or into partnership units with capital accounts, such as HDUs, as well as cash paid with respect to taxes withheld or expected to be owed by the unit holder upon such exchange. The withholding taxes related to the exchange of certain non-exchangeable units without a capital account into either common shares or units with a capital account may be funded by the redemption of preferred units such as PPSUs.
- Charges with respect to preferred units. Any preferred units would not be included in the Company's fully diluted share count because they cannot be made exchangeable into shares of common stock and are entitled only to a fixed distribution. Preferred units are granted in connection with the grant of certain limited partnership units that may be granted exchangeability or redeemed in connection with the grant of shares of common stock at ratios designed to cover any withholding taxes expected to be paid. This is an alternative to the common practice among public companies of issuing the gross amount of shares to employees, subject to cashless withholding of shares, to pay applicable withholding taxes.
- GAAP equity-based compensation charges with respect to the grant of an offsetting amount of common stock or partnership units with capital accounts in connection with the redemption of non-exchangeable units, including PSUs and LPUs.
- Charges related to amortization of RSUs and limited partnership units.
- Charges related to grants of equity awards, including common stock or partnership units with capital accounts.
- Allocations of net income to limited partnership units and FPUs. Such allocations represent the pro-rata portion of post-tax GAAP earnings available to such unit holders.
The amounts of certain quarterly equity-based compensation charges are based upon the Company's estimate of such expected charges during the annual period, as described further below under "Methodology for Calculating Adjusted Earnings Taxes."
Virtually all of BGC's key executives and producers have equity or partnership stakes in the Company and its subsidiaries and generally receive deferred equity or limited partnership units as part of their compensation. A significant percentage of BGC's fully diluted shares are owned by its executives, partners and employees. The Company issues limited partnership units as well as other forms of equity-based compensation, including grants of exchangeability into shares of common stock, to provide liquidity to its employees, to align the interests of its employees and management with those of common stockholders, to help motivate and retain key employees, and to encourage a collaborative culture that drives cross-selling and revenue growth.
All share equivalents that are part of the Company's equity-based compensation program, including REUs, PSUs, LPUs, HDUs, and other units that may be made exchangeable into common stock, as well as RSUs (which are recorded using the treasury stock method), are included in the fully diluted share count when issued or at the beginning of the subsequent quarter after the date of grant. Generally, limited partnership units other than preferred units are expected to be paid a pro-rata distribution based on BGC's calculation of Adjusted Earnings per fully diluted share. However, out of an abundance of caution and in order to strengthen the Company's balance sheet due the uncertain macroeconomic conditions with respect to the COVID-19 pandemic, BGC Holdings, L.P. has reduced its distributions of income from the operations of BGC's businesses to its partners.
Compensation charges are also adjusted for certain other cash and non-cash items, including those related to the amortization of GFI employee forgivable loans granted prior to the closing of the January 11, 2016 back-end merger with GFI.
Certain Other Compensation-Related Adjustments for Adjusted Earnings
BGC also excludes various other GAAP items that management views as not reflective of the Company's underlying performance in a given period from its calculation of Adjusted Earnings. These may include compensation-related items with respect to cost-saving initiatives, such as severance charges incurred in connection with headcount reductions as part of broad restructuring and/or cost savings plans.
Calculation of Non-Compensation Adjustments for Adjusted Earnings
Adjusted Earnings calculations may also exclude items such as:
- Non-cash GAAP charges related to the amortization of intangibles with respect to acquisitions;
- Acquisition related costs;
- Certain rent charges;
- Non-cash GAAP asset impairment charges; and
- Various other GAAP items that management views as not reflective of the Company's underlying performance in a given period, including non-compensation-related charges incurred as part of broad restructuring and/or cost savings plans. Such GAAP items may include charges for exiting leases and/or other long-term contracts as part of cost-saving initiatives, as well as non-cash impairment charges related to assets, goodwill and/or intangibles created from acquisitions.
Calculation of Adjustments for Other (income) losses for Adjusted Earnings
Adjusted Earnings calculations also exclude certain other non-cash, non-dilutive, and/or non-economic items, which may, in some periods, include:
- Gains or losses on divestitures;
- Fair value adjustment of investments;
- Certain other GAAP items, including gains or losses related to BGC's investments accounted for under the equity method; and
- Any unusual, one-time, non-ordinary, or non-recurring gains or losses.
Methodology for Calculating Adjusted Earnings Taxes
Although Adjusted Earnings are calculated on a pre-tax basis, BGC also reports post-tax Adjusted Earnings to fully diluted shareholders. The Company defines post-tax Adjusted Earnings to fully diluted shareholders as pre-tax Adjusted Earnings reduced by the non-GAAP tax provision described below and net income (loss) attributable to noncontrolling interest for Adjusted Earnings.
The Company calculates its tax provision for post-tax Adjusted Earnings using an annual estimate similar to how it accounts for its income tax provision under GAAP. To calculate the quarterly tax provision under GAAP, BGC estimates its full fiscal year GAAP income (loss) from operations before income taxes and noncontrolling interests in subsidiaries and the expected inclusions and deductions for income tax purposes, including expected equity-based compensation during the annual period. The resulting annualized tax rate is applied to BGC's quarterly GAAP income (loss) from operations before income taxes and noncontrolling interests in subsidiaries. At the end of the annual period, the Company updates its estimate to reflect the actual tax amounts owed for the period.
To determine the non-GAAP tax provision, BGC first adjusts pre-tax Adjusted Earnings by recognizing any, and only, amounts for which a tax deduction applies under applicable law. The amounts include charges with respect to equity-based compensation; certain charges related to employee loan forgiveness; certain net operating loss carryforwards when taken for statutory purposes; and certain charges related to tax goodwill amortization. These adjustments may also reflect timing and measurement differences, including treatment of employee loans; changes in the value of units between the dates of grants of exchangeability and the date of actual unit exchange; variations in the value of certain deferred tax assets; and liabilities and the different timing of permitted deductions for tax under GAAP and statutory tax requirements.
After application of these adjustments, the result is the Company's taxable income for its pre-tax Adjusted Earnings, to which BGC then applies the statutory tax rates to determine its non-GAAP tax provision. BGC views the effective tax rate on pre-tax Adjusted Earnings as equal to the amount of its non-GAAP tax provision divided by the amount of pre-tax Adjusted Earnings.
Generally, the most significant factor affecting this non-GAAP tax provision is the amount of charges relating to equity-based compensation. Because the charges relating to equity-based compensation are deductible in accordance with applicable tax laws, increases in such charges have the effect of lowering the Company's non-GAAP effective tax rate and thereby increasing its post-tax Adjusted Earnings.
BGC incurs income tax expenses based on the location, legal structure and jurisdictional taxing authorities of each of its subsidiaries. Certain of the Company's entities are taxed as U.S. partnerships and are subject to the Unincorporated Business Tax ("UBT") in New York City. Any U.S. federal and state income tax liability or benefit related to the partnership income or loss, with the exception of UBT, rests with the unit holders rather than with the partnership entity. The Company's consolidated financial statements include U.S. federal, state, and local income taxes on the Company's allocable share of the U.S. results of operations. Outside of the U.S., BGC is expected to operate principally through subsidiary corporations subject to local income taxes. For these reasons, taxes for Adjusted Earnings are expected to be presented to show the tax provision the consolidated Company would expect to pay if 100 percent of earnings were taxed at global corporate rates.
Calculations of Pre- and Post-Tax Adjusted Earnings per Share
BGC's pre- and post-tax Adjusted Earnings per share calculations assume either that:
- The fully diluted share count includes the shares related to any dilutive instruments, but excludes the associated expense, net of tax, when the impact would be dilutive; or
- The fully diluted share count excludes the shares related to these instruments, but includes the associated expense, net of tax.
The share count for Adjusted Earnings excludes certain shares and share equivalents expected to be issued in future periods but not yet eligible to receive dividends and/or distributions. Each quarter, the dividend payable to BGC's stockholders, if any, is expected to be determined by the Company's Board of Directors with reference to a number of factors, including post-tax Adjusted Earnings per share. BGC may also pay a pro-rata distribution of net income to limited partnership units, as well as to Cantor for its noncontrolling interest. The amount of this net income, and therefore of these payments per unit, would be determined using the above definition of Adjusted Earnings per share on a pre-tax basis.
The declaration, payment, timing, and amount of any future dividends payable by the Company will be at the discretion of its Board of Directors using the fully diluted share count. For more information on any share count adjustments, see the table titled "Fully Diluted Weighted-Average Share Count under GAAP and for Adjusted Earnings" in the Company's most recent financial results press release.
Management Rationale for Using Adjusted Earnings
BGC's calculation of Adjusted Earnings excludes the items discussed above because they are either non-cash in nature, because the anticipated benefits from the expenditures are not expected to be fully realized until future periods, or because the Company views results excluding these items as a better reflection of the underlying performance of BGC's ongoing operations. Management uses Adjusted Earnings in part to help it evaluate, among other things, the overall performance of the Company's business, to make decisions with respect to the Company's operations, and to determine the amount of dividends payable to common stockholders and distributions payable to holders of limited partnership units. Dividends payable to common stockholders and distributions payable to holders of limited partnership units are included within "Dividends to stockholders" and "Earnings distributions to limited partnership interests and noncontrolling interests," respectively, in our unaudited, condensed, consolidated statements of cash flows.
The term "Adjusted Earnings" should not be considered in isolation or as an alternative to GAAP net income (loss). The Company views Adjusted Earnings as a metric that is not indicative of liquidity, or the cash available to fund its operations, but rather as a performance measure. Pre- and post-tax Adjusted Earnings, as well as related measures, are not intended to replace the Company's presentation of its GAAP financial results. However, management believes that these measures help provide investors with a clearer understanding of BGC's financial performance and offer useful information to both management and investors regarding certain financial and business trends related to the Company's financial condition and results of operations. Management believes that the GAAP and Adjusted Earnings measures of financial performance should be considered together.
For more information regarding Adjusted Earnings, see the sections in the Company's most recent financial results press release titled "Reconciliation of GAAP Income (Loss) from Operations before Income Taxes to Adjusted Earnings and GAAP Fully Diluted EPS to Post-Tax Adjusted EPS", including the related footnotes, for details about how BGC's non-GAAP results are reconciled to those under GAAP.
Adjusted EBITDA Defined
BGC also provides an additional non-GAAP financial performance measure, "Adjusted EBITDA", which it defines as GAAP "Net income (loss) available to common stockholders", adjusted to add back the following items:
- Provision (benefit) for income taxes;
- Net income (loss) attributable to noncontrolling interest in subsidiaries;
- Interest expense;
- Fixed asset depreciation and intangible asset amortization;
- Equity-based compensation and allocations of net income to limited partnership units and FPUs;
- Impairment of long-lived assets;
- (Gains) losses on equity method investments; and
- Certain other non-cash GAAP items, such as non-cash charges of amortized rents incurred by the Company for its new U.K. based headquarters.
The Company's management believes that its Adjusted EBITDA measure is useful in evaluating BGC's operating performance, because the calculation of this measure generally eliminates the effects of financing and income taxes and the accounting effects of capital spending and acquisitions, which would include impairment charges of goodwill and intangibles created from acquisitions. Such items may vary for different companies for reasons unrelated to overall operating performance. As a result, the Company's management uses this measure to evaluate operating performance and for other discretionary purposes. BGC believes that Adjusted EBITDA is useful to investors to assist them in getting a more complete picture of the Company's financial results and operations.
Since BGC's Adjusted EBITDA is not a recognized measurement under GAAP, investors should use this measure in addition to GAAP measures of net income when analyzing BGC's operating performance. Because not all companies use identical EBITDA calculations, the Company's presentation of Adjusted EBITDA may not be comparable to similarly titled measures of other companies. Furthermore, Adjusted EBITDA is not intended to be a measure of free cash flow or GAAP cash flow from operations because the Company's Adjusted EBITDA does not consider certain cash requirements, such as tax and debt service payments.
For more information regarding Adjusted EBITDA, see the section in the Company's most recent financial results press release titled "Reconciliation of GAAP Net Income (Loss) Available to Common Stockholders to Adjusted EBITDA", including the footnotes to the same, for details about how BGC's non-GAAP results are reconciled to those under GAAP.
Timing of Outlook for Certain GAAP and Non-GAAP Items
BGC anticipates providing forward-looking guidance for GAAP revenues and for certain non-GAAP measures from time to time. However, the Company does not anticipate providing an outlook for other GAAP results. This is because certain GAAP items, which are excluded from Adjusted Earnings and/or Adjusted EBITDA, are difficult to forecast with precision before the end of each period. The Company therefore believes that it is not possible for it to have the required information necessary to forecast GAAP results or to quantitatively reconcile GAAP forecasts to non-GAAP forecasts with sufficient precision without unreasonable efforts. For the same reasons, the Company is unable to address the probable significance of the unavailable information. The relevant items that are difficult to predict on a quarterly and/or annual basis with precision and may materially impact the Company's GAAP results include, but are not limited, to the following:
- Certain equity-based compensation charges that may be determined at the discretion of management throughout and up to the period-end;
- Unusual, one-time, non-ordinary, or non-recurring items;
- The impact of gains or losses on certain marketable securities, as well as any gains or losses related to associated mark-to- market movements and/or hedging. These items are calculated using period-end closing prices;
- Non-cash asset impairment charges, which are calculated and analyzed based on the period-end values of the underlying assets. These amounts may not be known until after period-end; and
- Acquisitions, dispositions and/or resolutions of litigation, which are fluid and unpredictable in nature.
Liquidity Defined
BGC may also use a non-GAAP measure called "liquidity". The Company considers liquidity to be comprised of the sum of cash and cash equivalents, reverse repurchase agreements (if any), securities owned, and marketable securities, less securities lent out in securities loaned transactions and repurchase agreements (if any). The Company considers liquidity to be an important metric for determining the amount of cash that is available or that could be readily available to the Company on short notice.
For more information regarding Liquidity, see the section in the Company's most recent financial results press release titled "Liquidity Analysis", including any footnotes to the same, for details about how BGC's non-GAAP results are reconciled to those under GAAP.
About BGC Partners, Inc.
BGC Partners, Inc. ("BGC") is a leading global brokerage and financial technology company. BGC, through its various affiliates, specializes in the brokerage of a broad range of products, including Fixed Income (Rates and Credit), Foreign Exchange, Equities, Energy and Commodities, Shipping, and Futures. BGC, through its various affiliates, also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through its brands, including FMX™, Fenics®, Fenics Market Data™, Fenics GO™, BGC®, BGC Trader™, Capitalab®, and Lucera®, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Trader, GFI, Fenics, FMX, Fenics Market Data, Fenics GO, Capitalab, and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC and/or its affiliates.
BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC's Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol "BGCP". BGC is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com. You can also follow BGC at https://twitter.com/bgcpartners, https://www.linkedin.com/company/bgc-partners and/or http://ir.bgcpartners.com/Investors/default.aspx.
Discussion of Forward-Looking Statements about BGC
Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Media Contact:
Karen Laureano-Rikardsen
+1 212-829-4975
Investor Contact:
Jason Chryssicas
+1 212-610-2426
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SOURCE BGC Partners, Inc. | https://www.wibw.com/prnewswire/2022/06/30/bgc-partners-updates-its-outlook-second-quarter-2022/ | 2022-06-30T21:39:09Z |
Investment in Hong Kong-based lingerie and swimwear company led by Platinum's Singapore investment team
LOS ANGELES and SINGAPORE, June 21, 2022 /PRNewswire/ -- Platinum Equity announced today the signing of a definitive agreement to acquire a controlling stake in international fashion lingerie and swimwear company Hop Lun from company founder Erik Ryd. Financial terms were not disclosed.
Founded by Mr. Ryd in 1992 and headquartered in Hong Kong, Hop Lun is one of the world's largest designers and manufacturers of intimate apparel and is a top provider of bra solutions in the US, UK and EU.
"We have known Erik for a long time and have closely tracked Hop Lun's growth and performance over the past several years," said Jacob Kotzubei, the partner in Platinum Equity's Los Angeles headquarters who oversees the firm's Singapore-based team. "Erik is an energetic and passionate entrepreneur who cares deeply about the company's employees and customers, and he has had a meaningful impact on the evolution of the industry."
The Hop Lun investment is being led by Platinum Equity's Singapore office.
"Our team in Asia has a lot of experience helping founder-owned businesses leverage Platinum's operational expertise and M&A capabilities to maximize their potential," added Mr. Kotzubei. "We are excited to work alongside Erik and his leadership team, and to bring those same resources to bear for Hop Lun."
Hop Lun employs more than 30,000 people and has manufacturing operations in Bangladesh, China, Ethiopia and Indonesia. The company produces products for many of the world's largest global retailers as well as for its own in-house brands.
"Hop Lun is an ideal platform with multiple ways to evolve and expand," said Matthew Louie, managing director at Platinum Equity. "We are excited to work with Erik to accelerate investments in growing the company, both organically and through strategic M&A, that can expand Hop Lun's production capabilities, customer base and portfolio of owned brands."
Mr. Ryd will retain a significant stake in Hop Lun and will continue to help lead the business going forward.
"I am proud of everything we have built over the last three decades and am confident Platinum is the perfect partner for our next phase of growth," said Mr. Ryd. "Platinum's operations expertise is well suited to help us navigate the increasing complexity of the apparel business and take advantage of the sector's continued consolidation."
The transaction is subject to customary closing conditions and is expected to be completed during the third quarter of 2022.
BDA Partners and Goldman Sachs & Co. are serving as financial advisors to Hop Lun on the sale to Platinum Equity. Mayer Brown LLP is serving as Hop Lun's legal counsel.
Latham & Watkins LLP is providing legal counsel and Kirkland & Ellis LLP is providing debt financing counsel to Platinum Equity on the acquisition of Hop Lun.
About Platinum Equity
Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $36 billion of assets under management and a portfolio of approximately 50 operating companies that serve customers around the world. The firm is currently investing from Platinum Equity Capital Partners V, a $10 billion global buyout fund, and Platinum Equity Small Cap Fund, a $1.5 billion buyout fund focused on investment opportunities in the lower middle market. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 27 years Platinum Equity has completed more than 350 acquisitions.
Media Contacts:
Dan Whelan
Platinum Equity
(310) 282-9202
dwhelan@platinumequity.com
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SOURCE Platinum Equity | https://www.wibw.com/prnewswire/2022/06/21/platinum-equity-acquire-majority-interest-global-intimate-apparel-company-hop-lun/ | 2022-06-21T05:56:45Z |
PORTLAND, Ore., July 22, 2022 /PRNewswire/ -- On July 22, 2022, the board of directors of Portland General Electric Company (NYSE: POR) declared a quarterly common stock dividend of $0.4525 per share.
The company's dividend is evaluated based on capital requirements and financial performance. PGE targets a dividend payout ratio of 60 to 70% over the long term.
The quarterly dividend is payable on or before October 17, 2022, to shareholders of record at the close of business on September 26, 2022.
About Portland General Electric Company
Portland General Electric (NYSE: POR) is a fully integrated energy company based in Portland, Oregon. The company serves approximately 900,000 customers with a service area population of 2 million Oregonians in 51 cities. PGE owns 16 generation plants across Oregon and other Northwestern states and maintains and operates 14 public parks and recreation areas. For more than 130 years, PGE has powered the advancement of society, delivering safe, affordable, and reliable energy to Oregonians. PGE and its approximately 3,000 employees are working with customers to build a clean energy future. Together with its customers, PGE has the No. 1 voluntary renewable energy program in the U.S. PGE is committed to achieving at least an 80% reduction in greenhouse gas emissions from power served to customers by 2030 and 100% reduction by 2040. In 2021, PGE became the first U.S. utility to join The Climate Pledge. For the eighth year in a row PGE achieved a perfect score on the 2021 Human Rights Campaign Foundation's Corporate Equality Index, a national benchmarking survey and report on corporate policies and practices related to LGBTQ workplace equality. In 2021, PGE, employees, retirees, and the PGE Foundation donated $4.8 million and volunteered 15,760 hours with more than 300 nonprofits across Oregon. For more information visit www.PortlandGeneral.com/news.
Statements in this press release that relate to future plans, objectives, expectations, performance, events and the like may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent our estimates and assumptions as of the date of this report. The Company assumes no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.
Forward-looking statements include statements regarding the Company's full-year earnings guidance (including expectations regarding annual retail deliveries, average hydro conditions, wind generation, normal thermal plant operations, operating and maintenance expense and depreciation and amortization expense) as well as other statements containing words such as "anticipates," "based on," "believes," "conditioned upon," "considers," "estimates," "expects," "forecast," "goals," "intends," "needs," "plans," "promises," "seeks," "should," "subject to," "targets," and similar expressions.
Investors are cautioned that any such forward-looking statements are subject to risks and uncertainties, including, without limitation: the outcome of various legal and regulatory actions; demand for electricity; the sale of excess energy during periods of low demand or low wholesale market prices; operational risks relating to the Company's generation and battery storage facilities, including hydro conditions, wind conditions, disruption of transmission and distribution, disruption of fuel supply, and unscheduled plant outages, which may result in unanticipated operating, maintenance and repair costs, as well as replacement power costs; delays in the supply chain and increased supply costs (including application of tariffs impacting solar module imports), failure to complete capital projects on schedule or within budget, failure of counterparties to perform under agreement, or the abandonment of capital projects, which could result in the Company's inability to recover project costs , or impact our competitive position, market share, revenues and project margins in materials ways; default or nonperformance of counterparties from whom PGE purchases capacity or energy, which require the purchase of replacement power and renewable attributes at increased costs; complications arising from PGE's jointly-owned plant, including ownership changes, regulatory outcomes or operational failures; the costs of compliance with environmental laws and regulations, including those that govern emissions from thermal power plants; changes in weather, hydroelectric and energy market conditions, which could affect the availability and cost of purchased power and fuel; the development of alternative technologies; changes in capital and credit market conditions, including volatility of equity markets, reductions in demand for investment-grade commercial paper or interest rates, which could affect the access to and availability or cost of capital and result in delay or cancellation of capital projects or execution of the Company's strategic plan as currently envisioned; general economic and financial market conditions, including inflation; severe weather conditions, wildfires, and other natural phenomena and natural disasters that could result in operational disruptions, unanticipated restoration costs, or third party liability; cyber security breaches of the Company's customer information system or operating systems, data security breaches, or acts of terrorism, which could disrupt operations, require significant expenditures, or result in claims against the Company; employee workforce factors, including potential strikes, work stoppages, transitions in senior management, and the ability to recruit and retain key employees and other talent and turnover due to macroeconomic trends; PGE business activities are concentrated in one region and future performance may be affected by events and factors unique to Oregon; and widespread health emergencies or outbreaks of infectious diseases such as COVID-19, which may affect our financial position, results of operations and cash flows. As a result, actual results may differ materially from those projected in the forward-looking statements.
Risks and uncertainties to which the Company are subject are further discussed in the reports that the Company has filed with the United States Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov and on the Company's website, investors.portlandgeneral.com. Investors should not rely unduly on any forward-looking statements.
Media Contact:
Katie Hale
Corporate Communications
Phone: 646-599-3296
Investor Contact:
Jardon Jaramillo
Investor Relations
Phone: 503-464-7051
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SOURCE Portland General Company | https://www.kxii.com/prnewswire/2022/07/22/portland-general-electric-declares-dividend/ | 2022-07-22T22:20:31Z |
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Curinos, a global data intelligence business serving global financial institutions across lending, deposits and digital banking solutions, today announced that Pete Gilchrist, EVP, Head of Retail Deposits and Commercial Banking and Andrew Frisbie, EVP, Head of Treasury and Risk, will present at the Barclays Global Financial Services Conference on Wednesday, September 14, 2022 at 11:15 a.m. ET.
Gilchrist and Frisbie will serve as speakers on "The Outlook for Bank Deposits" panel.
A replay and transcript of the webcast will be available shortly after the event.
Curinos serves hundreds of financial institutions worldwide, delivering the depth and breadth of intelligence across consumer and commercial deposits, omnichannel digital experience and lending markets needed to assess one's competitive position, and make more profitable, data-driven decisions, faster. For additional information about Curinos, visit here.
About Curinos
Curinos is the leading provider of data, technologies and insights that enable financial institutions to make better, and more profitable, data-driven decisions faster. Born out of the combination of two familiar industry powerhouses, Novantas and Informa's FBX business, Curinos brings to market a new level of industry expertise across deposits, lending and digital experience solutions and technologies. Through access to comprehensive datasets and analytics, intelligent technologies and connected behavioral insights, Curinos is the partner of choice to help you attract, retain and grow more profitable customer relationships. For additional information, please visit www.curinos.com.
MEDIA CONTACT:
Zach Allegretti, JConnelly
973-850-7341
zallegrettiII@jconnelly.com
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SOURCE Curinos | https://www.wibw.com/prnewswire/2022/09/13/curinos-thought-leaders-present-barclays-global-financial-services-conference/ | 2022-09-13T23:41:48Z |
LUND, Sweden, Aug. 2, 2022 /PRNewswire/ -- Alfa Laval has completed the acquisition of Desmet, part of the Desmet Ballestra Group, a world leader in engineering and supplying processing plants and technologies for edible oils and biofuel sectors. The acquisition will strengthen Alfa Laval's position in the renewable energy arena and complement its offering within edible oils.
Desmet will strengthen Alfa Laval's position in the market by adding know-how and expertise to accelerate future innovations within food, feed and biofuels – and support Alfa Laval's transformation towards renewable fuels. The business acquired includes the operational units and brands of Rosedowns and Stolz, and had a turnover of approx. EUR 300 million in 2021 – and will operate as a stand-alone entity within the Food & Water Division of Alfa Laval.
About Desmet
Founded in Belgium in 1946, Desmet is a specialist in the supply of plants and equipment for the oilseeds & grains industry and the oils & derivatives industry with sales & execution locations across the world. Its innovative, tailor-made plants for grain handling, oilseed preparation & pressing, oilseed extraction, feed milling, oil refining & modification, biofuels and oleochemicals are well known for reliability, low operating costs, and high-quality outputs.
This is Alfa Laval
Alfa Laval is a world leader in heat transfer, centrifugal separation and fluid handling, and is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets.
Alfa Laval's innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day.
Alfa Laval has 17,900 employees. Annual sales in 2021 were SEK 40.9 billion (approx. EUR 4 billion). The company is listed on Nasdaq Stockholm.
For more information, please contact:
Johan Lundin
Head of Investor Relations
Alfa Laval
Tel: +46 46 36 65 10
Mobile: +46 730 46 30 90
Eva Schiller
PR Manager
Alfa Laval
Tel: + 46 46 36 71 01
Mobile: +46 709 38 71 01
This information was brought to you by Cision http://news.cision.com
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SOURCE Alfa Laval | https://www.wibw.com/prnewswire/2022/08/02/alfa-laval-completes-acquisition-desmet/ | 2022-08-02T07:40:09Z |
CUPERTINO, Calif., July 5, 2022 /PRNewswire/ -- DURECT Corporation (Nasdaq: DRRX), a biopharmaceutical company focused on epigenetic regulation to develop treatments for acute organ injury and chronic liver diseases, today announced the appointment of Timothy M. Papp as its Chief Financial Officer. In this new role, Mr. Papp will direct and oversee all financial and capital markets activities including accounting, financial reporting, financial planning and analysis, financial strategy, and investor relations.
"We are excited to welcome Tim to our executive leadership team, as he brings his deep understanding of corporate finance and corporate value drivers to DURECT," stated James E. Brown, D.V.M., President and Chief Executive Officer of DURECT.
Mr. Papp brings over 25 years of corporate finance experience to DURECT, including 15 years in the Biopharma sector. He joins DURECT from RBC Capital Markets, where he was a Managing Director of Healthcare Investment Banking. Previously, he served as a Managing Director of Healthcare Investment Banking at Stifel, and he also served in Investment Banking and Mergers & Acquisitions roles at Cowen, Keybanc Capital Markets, and Rodman & Renshaw. Mr. Papp graduated cum laude from Duke University with a B.S. in Economics and earned an MBA from The Wharton School of Business with a concentration in Finance.
Mr. Papp commented, "I believe that larsucosterol is an underappreciated asset that has the potential to transform the treatment of alcohol-associated hepatitis as well as other indications. I am excited to join the DURECT team at this important juncture of its corporate development."
About DURECT Corporation
DURECT is a biopharmaceutical company committed to transforming the treatment of acute organ injury and chronic liver diseases by advancing novel and potentially lifesaving therapies based on its endogenous epigenetic regulator program. Larsucosterol (also known as DUR-928), DURECT's lead drug candidate, binds to and inhibits the activity of DNA methyltransferases (DNMTs), epigenetic enzymes which are elevated and associated with hypermethylation found in alcohol-associated hepatitis (AH) patients. Larsucosterol is in clinical development for the potential treatment of AH, for which FDA has granted a Fast Track Designation; non-alcoholic steatohepatitis (NASH) is also being explored. In addition, POSIMIR® (bupivacaine solution) for infiltration use, a non-opioid analgesic utilizing the innovative SABER® platform technology, is FDA-approved and has been exclusively licensed to Innocoll Pharmaceuticals for development and commercialization in the United States. For more information about DURECT, please visit www.durect.com and follow us on Twitter https://twitter.com/DURECTCorp.
DURECT Forward-Looking Statement
This press release contains forward-looking statements that involve substantial risks and uncertainties. Forward-looking statements include, without limitation, statements regarding the clinical development of larsucosterol (DUR-928) for potential treatment of AH, the potential to develop larsucosterol for NASH or other indications, the expected commercial launch of POSIMIR by Innocoll and potential future payments we may receive from Innocoll. Actual results or events could differ materially from the plans, intentions, expectations and projections disclosed in the forward-looking statements. Various important factors could cause actual results or events to differ materially, including, but not limited to, the risk that the AHFIRM (Alcohol-associated Hepatitis to evaluate saFety and effIcacy of laRsucosterol treatMent) trial takes longer to conduct than anticipated due to COVID-19 or other factors, the risk that ongoing and future clinical trials of larsucosterol do not confirm the results from earlier clinical or pre-clinical trials, or do not demonstrate the safety or efficacy or the life-saving potential of larsucosterol in a statistically significant manner, the risk that Innocoll may not commercialize POSIMIR successfully, if at all, and risks related to our ability to obtain capital to fund operations and expenses, and other risks described in the "Risk Factors" section of DURECT's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (SEC) on May 5, 2022, and in other filings filed from time to time with the SEC. DURECT does not assume any obligation to update any forward-looking statements, except as required by law. The 10-Q and other public filings are available on our website www.durect.com under the "Investors" tab.
NOTE: POSIMIR® is a trademark of Innocoll Pharmaceuticals, Ltd. in the U.S. and a trademark of DURECT Corporation outside of the U.S. SABER® is a trademark of DURECT Corporation. Other referenced trademarks belong to their respective owners. Larsucosterol (DUR-928) is an investigational drug candidate under development and has not been approved for commercialization by the U.S. Food and Drug Administration or other health authorities for any indication.
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SOURCE DURECT Corporation | https://www.wibw.com/prnewswire/2022/07/05/durect-corporation-appoints-timothy-m-papp-chief-financial-officer/ | 2022-07-05T13:09:10Z |
America added 428,000 jobs in April
By Anneken Tappe, CNN Business
After an electric economic recovery from the pandemic, the job market is showing signs of returning to normal. It’s still growing at a remarkably strong pace, but the months of millions of jobs added are probably over.
America’s employers added 428,000 jobs in April, the same as in March, the Bureau of Labor Statistics reported Friday. That’s undeniably good news: America remains 1.2 million jobs in the hole from the early days of Covid, when nearly 22 million jobs vanished over the span of two months.
The unemployment rate, which had been expected to fall to a pandemic-era low, held steady at 3.6%. That’s just a tick above the pre-pandemic level of 3.5%, which matched a 50-year low first set in 2019.
It was the 16th straight month of job growth and the 12th straight month that more than 400,000 jobs were added, but gains have started to moderate.
Last month, most positions were added in the leisure and hospitality industry. Manufacturing, and transportation and warehousing also added a significant number of jobs.
Workers also continued returning to their offices: The percentage of Americans teleworking due to the pandemic fell to 7.7% in April from 10% in March.
Getting back to normal
Although last month’s number was larger than the 391,000 that economists had predicted, the slowdown in job growth is no surprise.
“We’re in for a slower 2022,” said Daniel Zhao, senior economist at Glassdoor.
Signs of cooling in the labor market are all over the April report: The labor force participation rate, for example, inched down to 62.2% from 62.4% in March, falling for both men and women.
The moderation in the jobs recovery is partly due to the fact that the labor market has come a long way and was bound to see a slowdown at some point. And it’s also partly due to the labor shortage that makes finding workers to hire more difficult.
As businesses struggle to find staff, they keep raising wages to attract workers. Average hourly earnings rose another 10 cents, or 0.3%, last month to $31.85. Wages have risen consistently since June 2020. Over the past 12 months, average hourly earnings have gone up by 5.5%.
“The April report might not be as stellar as recent releases, but it still depicts a very strong labor market,” said Indeed economic research director Nick Bunker in emailed comments. “The current clip of job gains is remarkable given how tight the labor market is.”
Prior to the pandemic, the US economy was adding, on average, fewer than 200,000 jobs during the Trump administration. So the Biden administration’s constant reminder that the economy remains strong is undoubtedly true.
Inequalities persist
The pandemic recession came and went in a flash. But that doesn’t mean American workers weren’t feeling the pain.
“We’re on track to return to pre-pandmeic employment levels in June, which would put us at about two and a half years after the pandemic began,” said Zhao. In comparison, it took double that time following the 2008 financial crisis to get back to pre-recession employment levels.
That said, not all is quite back to normal in the United States.
Joblessness is still much higher for non-white workers, for example. At 5.9%, the Black unemployment rate dropped to the lowest level since November 2019 in April, but it is still close to double the 3.2% of white workers.
And while the number of employed men over the age of 20 has by now exceeded the figure from February 2020, women in the same age group are still 1.1 million employees short of their pre-pandemic level.
On top of that, American households are also struggling with the high inflation that the pandemic recovery, supply chain chaos and the current geopolitical environment have all brought on.
The Federal Reserve, which is meant to keep prices stable and employment as close to a maximum as possible, is struggling with one of its tasks. The central bank began raising interest rates in March and will begin reducing its balance sheet starting in June. At least for now, it needn’t worry that forceful monetary policy adjusting will lead to a recession with high unemployment.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/05/06/america-added-428000-jobs-in-april-2/ | 2022-05-06T19:13:48Z |
LOS ANGELES , July 7, 2022 /PRNewswire/ -- Vance Street Capital ("Vance Street" or "the Firm"), a Los Angeles-based middle market private equity firm investing in mission critical B2B manufacturing and applications companies, today announced the addition of four new hires and two promotions to facilitate firmwide growth. Vance Street closed on its third fund, Vance Street Capital III, L.P. in December 2021, and completed two continuation vehicles, VSC EV1 LP and VSC EV2 LP, in February and June of 2022, respectively, bringing Vance Street's total capital raised to over $1.3 billion.
"Vance Street is at an exciting point in our firm's history; we are focused on laying a foundation for scalability and growth. We are thrilled to continue our recruiting efforts with four new employees across our Investment and Financial Operations Teams to help manage our new funds and growing portfolio," said Brian Martin, Managing Partner.
Yousaf Tahir joined the Investment Team as a Vice President in April from Victory Park Capital in Chicago where he focused on sourcing, executing and managing private equity and credit investments across various industries. Before joining Victory Park Capital, Mr. Tahir worked as an Investment Banking Analyst at Evercore in New York.
Sela Obot joined the Investment Team in March as an Associate from the Business Services Group at Houlihan Lokey where she participated in the execution of a variety of transactions in the Training and Education space. Prior to joining Houlihan Lokey, Ms. Obot was an Investment Banking Analyst in the Industrial Services Group at Truist Securities.
Mark Edwards joined the Investment Team as an Associate in June from the Technology & Services group Baird in Washington D.C. where he participated in the execution of a variety of transactions in the Aerospace, Defense, and Government Services space.
Jonathan Christie joined the Financial Operations Team as a Vice President in June. He is primarily responsible for managing and executing financial due diligence for new investments and add-on acquisitions, as well as working with portfolio company management teams in the areas of accounting and financial reporting. Prior to joining Vance Street in 2022, Jonathan was a Director at Grant Thornton in the M&A practice where he led both buy-side and sell-side financial due diligence engagements across a variety of sectors. Before joining Grant Thornton, Jonathan provided audit services at KPMG, primarily serving a Fortune 150 client.
Vance Street's Financial Operations Team is a key internal resource utilized to execute the "roadmap", a detailed operational plan refined by the current Partners over their 20+ year tenure investing together, which prioritizes and addresses key opportunities for optimization and growth over the life of Vance Street's investments, most of which are founder-owned businesses or corporate carve outs. The Financial Operations Team oversees ERP system implementation, finance support, and strategic oversight for Vance Street's portfolio companies, and is also able to perform quality of earnings on smaller acquisition targets, expediting the diligence process for strategic add-ons. "Hiring another team member to support the execution of our investment strategy was a top priority for us this year. Jon's background and personality are a perfect fit for our needs and culture," said Rustey Emmet, Partner, Financial Operations.
Vance Street also promoted two team members in June.
Will Robinson, a member of the Investment Team, was promoted to Senior Associate from Associate. Prior to joining Vance Street in 2020, Will was in the Financial Sponsors group within the Investment Banking Division at Barclays Capital in New York.
Ngan Pham, a member of the Fund Administration and Accounting Team, was promoted to Controller from Assistant Controller. Prior to joining Vance Street in 2021, Ngan was a Regional Controller at WestRock Company where she oversaw the accounting, finance, and operations of multiple manufacturing facilities. Prior to WestRock, she was a Senior Assurance Associate at RSM US, LLP.
About Vance Street Capital LLC
Vance Street Capital is a middle-market private equity firm focused on investing in highly engineered solutions businesses across the industrial technology, medical, life science, aerospace and defense sectors. For over two decades, Vance Street's partners have worked with management teams and family owners to accelerate revenue growth, improve operations and acquire strategic assets for the companies in their investment portfolio. For more information please visit: www.vancestreetcapital.com.
Media Contact:
Natalie Yates
Head of Business Development and Investor Relations
nyates@vancestreetcapital.com
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SOURCE Vance Street Capital | https://www.wibw.com/prnewswire/2022/07/07/vance-street-capital-announces-multiple-new-hires-promotions/ | 2022-07-07T14:13:41Z |
WASHINGTON, April 21, 2022 /PRNewswire/ -- Certified Financial Planner Board of Standards, Inc. (CFP Board) today announced Kevin Yea as its new Chief Financial Officer, effective May 2, after conducting a comprehensive national search. He succeeds Roger Myers, CPA, who will be retiring after more than 10 years of service overseeing CFP Board's finance, information technology, office operations and marketing functions.
"We thank Roger for the significant contributions he made to CFP Board's growth during his tenure and wish him the very best in this next phase of his life," said CFP Board CEO Kevin R. Keller, CAE. "Kevin comes to CFP Board with significant experience in the financial planning profession, having worked alongside CFP® professionals during his time as a private investment manager and as CFO at a nationally recognized investment advisory firm. I look forward to working closely with him on executing against our strategic priorities to help move the financial planning profession forward."
Yea will be based in CFP Board's Washington, D.C. headquarters where he will lead all financial activities of CFP Board, including finance, accounting, budgeting, enterprise risk management information technology, and office administration and facilities. In this position, Yea will serve as key business partner to the CEO and the Board of Directors, and he will be responsible for collaborating with other members of the executive leadership team to execute the organization's strategic priorities and generate revenue growth. He will report directly to Kevin R. Keller, CAE.
"I first learned of CFP® certification in 2004 when I joined an investment and financial planning firm, where I found my CFP® professional colleagues to be insightful and impactful. My decision to pursue the CFO position at CFP Board was made after considering my rich experiences with CFP® professionals as well as the tremendous opportunities before CFP Board and the financial planning profession," said Yea. "I am thrilled to be a part of an organization that combines a passion for public service with its mission to advance competent and ethical financial planning for the benefit of CFP® professionals and consumers."
Yea joins CFP Board from Ashoka, the world's largest network of social entrepreneurs with more than 30 global offices, where he served as CFO and Treasurer. Prior to Ashoka, Yea was an advisor and CFO at Keel Point, a SEC-registered investment advisory and financial planning firm. Before making the switch to wealth management, he worked in the assurance and advisory practice at PricewaterhouseCoopers LLP, where he provided auditing services for public and private companies. He also co-founded Pencil Joy, an illustration company to inspire people to share moments through art and stories.
Yea holds a Bachelor of Science degree in accounting from Brigham Young University.
ABOUT CFP BOARD
Certified Financial Planner Board of Standards, Inc. is a professional body for personal financial planners in the U.S. CFP Board sets standards for financial planning and administers the prestigious CFP® certification – one of the most respected certifications in financial services – so that the public has access to and benefits from competent and ethical financial planning. CFP Board, along with its Center for Financial Planning, is committed to increasing the public's awareness of CFP® certification and access to a diverse, ethical and competent financial planning workforce. Widely recognized by firms as the standard for financial planning, CFP® certification is held by more than 92,000 people in the United States. Visit CFP.net for more information.
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SOURCE Certified Financial Planner Board of Standards, Inc. | https://www.wibw.com/prnewswire/2022/04/21/cfp-board-appoints-kevin-yea-chief-financial-officer/ | 2022-04-21T14:22:00Z |
KPZ Week 1: Washburn Rural 49, Wichita East 42
Published: Sep. 2, 2022 at 10:51 PM CDT|Updated: 55 minutes ago
WICHITA, Kan. (WIBW) - KPZ Week 1: Washburn Rural 49, Wichita East 42
Copyright 2022 WIBW. All rights reserved.
WICHITA, Kan. (WIBW) - KPZ Week 1: Washburn Rural 49, Wichita East 42
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/03/kpz-week-1-washburn-rural-49-wichita-east-42/ | 2022-09-03T04:46:11Z |
Former Grayson County Sheriff Jack Driscoll dies at age 84
SHERMAN, Texas (KXII) - On a long photo wall honoring all of the sheriffs of Grayson County, one man stands out from the rest for former employee Tom Worsham.
“I worked for the man since I was 18,” said Worsham. “He raised me.”
Worsham worked for former Sheriff Jack Driscoll as a reserve deputy and just so happened to get hired on one of the most notorious days in Grayson County’s history.
“The day I got hired on full time was at the scene of a quadruple homicide,” said Worsham. “Lester Leroy Bower was convicted of that incident. The sheriff pulled me over to the side and said, ‘this isn’t really the time or place, but I’ve been trying to get a hold of you for days. You wanna go to work for me full time?’”
That day also sparked a long friendship with the former New Yorker.
“We tried to turn him into a Texan, just never quite got there,” said Worsham.
Worsham described Sheriff Driscoll as a family man.
“I know he adored his wife, loved his kids,” said Worsham.
He said Driscoll even made the sheriff’s office feel like a family.
“He was probably the most honest man I knew, and he believed his job was the most important thing there was in his life,” said Worsham.
Driscoll served as the sheriff of Grayson County for 20 years, from 1977 to 1996.
Before that, he worked as a Sherman Police detective for 16 years.
He died at age 84 on Saturday, leaving behind a long history of service.
“I knew he wasn’t in good health, but I cried,” said Worsham. “Matter a fact, I may again, but, like I said, I thought the world of him.”
And he’s leaving an even bigger legacy for his former employees.
“He taught me how to be a law enforcement officer,” said Worsham. “So, I’ll never forget that.”
Services for Driscoll will be on Monday at St. Anne’s Catholic Church in Sherman.
Family night will be held Sunday afternoon at Waldo funeral home from 2 pm to 5 pm.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/06/07/former-grayson-county-sheriff-jack-driscoll-dies-age-84/ | 2022-06-07T23:43:47Z |
SAN FRANCISCO, Aug. 11, 2022 /PRNewswire/ -- Kapwing, a popular online video editing and content creation platform, today announced the launch of Kapwing for Education. The EDU program makes Kapwing's premium software subscription free to students and teachers worldwide. Educators at K-12 schools and universities and students who are over 13 years old in K-12 schools can apply through the form on Kapwing's website. District leaders can also apply for bulk licenses.
Through this initiative, Kapwing aims to empower the next generation of video creators by making creative tools more accessible in schools.
Of the initiative, Katherine Mayer – the Product Manager for Kapwing for Education – said "Serving students and teachers has been a north star of my work at Kapwing. Prior to joining the team, I worked as an English teacher for two years at a high school just outside of Madrid in Spain, where I learned firsthand how powerful digital learning tools are for teachers and students. I'm excited to see how the education community harnesses the power of video creation for learning with Kapwing!"
Built in the browser, Kapwing works on every type of device, including Chromebooks, the most popular K12 device in the USA. More than 1,200 students sign up for Kapwing daily. With Kapwing, teachers and students can record presentations, complete group video projects, make collages, design worksheets, clip YouTube videos, and create all types of multimedia projects. Kapwing allows creators to edit videos together in real time and offers various AI-powered tools that make editing simpler, such as an automatic subtitling tool. To help teachers get started, Kapwing has a library of education resources and templates and a popular YouTube channel.
Since launching in 2018, Kapwing has played an important role in empowering students to create videos. Kapwing was named one of the best websites for teaching and learning in 2018 by the American Association of School Librarians (AASL). At the start of the Covid-19 pandemic in 2020, Kapwing offered their premium software for free to students and teachers.
"We were inspired by the ingenuity of teachers during the beginning of the pandemic," says Julia Enthoven, Kapwing's cofounder and CEO, "Many of them jumped into creating video learning materials with no video editing experience to ensure that their students could continue learning from home despite many obstacles."
Since then, Kapwing increased their investment in the EDU sector, partnering with Google's Chromebooks team to offer a discount for Chromebook users and launching a native app for Android and Chromebook devices.
About Kapwing – Kapwing is a San Francisco-based startup with the mission to empower digital storytellers. Launched in 2019, Kapwing's website enables creators to make and collaborate on video, audio, image, and GIF content on any device and offers AI-powered tools, integrated stock assets, templates, and more. Teams can also use the software to edit in real time together and collaborate on video. Over 10 million users across the globe create content on Kapwing's platform.
Link to press kit: https://cdn.kapwing.com/static/tMd-Kapwing-Logo-Kit.zip
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SOURCE Kapwing | https://www.wibw.com/prnewswire/2022/08/11/online-video-editor-kapwing-introduces-free-premium-offering-students-educators/ | 2022-08-11T19:59:23Z |
Korda beats Miami winner Alcaraz to advance in Monte Carlo
MONACO (AP) — Sebastian Korda has beaten Carlos Alcaraz 7-6 (2), 6-7 (5), 6-3 at the Monte Carlo Masters to reach the third round of the clay-court season opener in Monaco. Both players struggled with their serve in the decider after each took a set in a tiebreaker. The 21-year-old Korda will next face Indian Wells champion Taylor Fritz who advanced by beating Marin Cilic 6-3, 4-6, 6-4. | https://localnews8.com/sports/ap-national-sports/2022/04/13/korda-beats-miami-winner-alcaraz-to-advance-in-monte-carlo/ | 2022-04-13T17:11:07Z |
- New, single-device nationwide toll management offering
- New connected vehicle payment solutions
- Digital license plate processing capabilities
- Innovative partnership to pilot connected vehicle toll transactions with a California toll authority
MESA, Ariz., July 18, 2022 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today new solutions and capabilities that improve efficiencies, reduce costs and enhance compliance for commercial fleet customers. Verra Mobility's Commercial Services business expands its portfolio of industry-leading offerings with a new nationwide toll management solution using a single device and new payment solutions and transaction capabilities for connected vehicles via strategic partnerships.
"As vehicles increasingly become more technologically enabled and connected, they not only allow for the solutions we have announced today, but also the ability to reimagine the future of fleet services for our current customers and new segments," said Steve Lalla, executive vice president of Commercial Services, Verra Mobility. "These partnerships provide us access to cutting-edge technology and industry thought leaders."
Single-Device Nationwide Toll Management Solution
Verra Mobility unveils TollLink™, a nationwide toll management solution that leverages a single device and connects fleets operating across the U.S. with regional toll savings at scale. Developed to simplify toll management for fleet vehicles that frequently toll across regions, TollLink eliminates the need for fleets to acquire multiple transponder devices and manage multiple toll accounts. The new fleet offering simplifies operations, reduces tolling expenses, and enables fleets to travel without friction across toll regions in the U.S.
Innovative Connected Fleet Payment Solutions with Car IQ
Verra Mobility and Car IQ, an innovative payment solution for connected fleets, signed an agreement to enable toll payment integration with the Car IQ vehicle payment platform. The Car IQ platform enables vehicles to automatically conduct secure and autonomous transactions with payment networks, banks and merchants. Through this partnership, Car IQ can provide the power of Verra Mobility's comprehensive tolling solution to their growing customer base.
New Innovation Agreement to Pilot Connected Vehicle Tolling and Road Usage Charging (RUC) in California
In collaboration with California toll agency, Transportation Corridor Agencies (TCA), Verra Mobility is exploring potential uses of connected vehicle and blockchain technology to automate tolling transactions to enhance accurate and transparent tolling for private, rental and leased vehicles. Topics under study include the ability to instantly record tolling transactions and accurately determine miles driven across multiple networks and toll rates.
Digital Plate Processing with Reviver
Verra Mobility has entered into a commercial agreement with Reviver, the industry pioneer of digital license plates, to enable processing of Title and Registration transactions for digital plates. Verra Mobility's modernized Title and Registration platform will process critical vehicle compliance transactions for Reviver's digital license plate fleet customers. As part of the partnership, Reviver will also be able to offer industry-leading toll management solutions through their fleet sales channels.
Verra Mobility's toll management services are used by major fleet owners, operators and managers to conveniently and automatically pay tolls for more than 5.8 million vehicles globally while also protecting vehicle owners against costly toll fines and burdensome administrative tasks. The company's proprietary software technology allows for tolls to be matched to a specific vehicle and driver so that tolls can be accurately and reliably billed and collected on behalf of, or directly from, its customers.
Verra Mobility (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility's transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility operates in North America, Europe, Asia and Australia. For more information, please visit www.verramobility.com.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility's plans, objectives, expectations, beliefs and intentions and other statements including words such as "hope," "anticipate," "may," "believe," "expect," "intend," "will," "should," "plan," "estimate," "predict," "continue" and "potential" or the negative of these terms or other comparable terminology. The forward-looking statements herein represent the judgment of the Verra Mobility, as of the date of this release, and Verra Mobility disclaims any intent or obligation to update forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. This press release should be read in conjunction with the information included in Verra Mobility's other press releases, reports and other filings with the SEC and on the SEC website, www.sec.gov. Understanding the information contained in these filings is important in order to fully understand Verra Mobility's reported financial results and our business outlook for future periods. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements.
We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com.
We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings and public conference calls and webcasts.
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SOURCE Verra Mobility | https://www.mysuncoast.com/prnewswire/2022/07/18/verra-mobility-commercial-services-accelerates-fleet-mobility-with-new-solutions-partnerships/ | 2022-07-18T13:15:50Z |
Stowaway chicken reunited with owner after catching 13-mile ride
HINESBURG, Vt. (WCAX/Gray News) – It’s common knowledge that chickens can’t fly, but that didn’t stop a hen in Vermont from trekking 13 miles away from home.
Amelia the chicken typically spends her day doing normal chicken things, like digging up dirt, looking for food or hanging with her feathered friends. She also loves snuggles from her human mom, Rebecca Thibeault.
“I raised them from very small,” Thibeault told WCAX.
It seems Amelia got tired of the country life and flew the coop for a day in the city.
“I was very sad that she was missing,” Thibeault said.
Somehow Amelia climbed into a tiny compartment in the undercarriage of a truck and took a 13-mile ride to downtown Burlington, Vermont.
Lo Fasano had just finished a cup of coffee on a morning walk in the area when she spotted the chicken. She tried calling rehabilitators and police to get Amelia help.
“They said they don’t do chickens,” Fasano said.
So, she took Amelia home and gave her food and a place to nest. Then she turned to social media in an effort to find the chicken’s owner.
“Even though it was a long shot, I had hope,” Fasano said.
Fasano’s hope paid off. A Facebook post led her to Amelia’s family who was worried sick about the wayward hen. They connected and got the bird home.
“I think about her and I’m really happy it had a happy ending,” Fasano said.
Copyright 2022 WCAX via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/07/20/hitchhiking-chicken-reunited-with-owner-after-catching-13-mile-ride/ | 2022-07-20T15:31:53Z |
OAKLAND, Calif. (AP) — Another home run, another pitching win, another spot in the history books. Just another night for Shohei Ohtani.
The two-way sensation from Japan withstood another injury scare and pitched six scoreless innings to go with his team-leading 25th home run, reaching yet another monumental milestone as the Los Angeles Angels beat the Oakland Athletics 5-1 on Tuesday.
Ohtani joined Babe Ruth (1918) as the only players in major league history to have at least 10 home runs and 10 wins in the same season. According to the Angels, two players from the Negro Leagues also did it: Bullet Rogan of the 1922 Kansas City Monarchs and Ed Rile of the 1927 Detroit Stars.
“I feel like every time we’re out there he does something special,” Angels interim manager Phil Nevin said. “You try not to take for granted what we’re seeing every night but it’s pretty awesome to be a part of. These things don’t go by us lightly.”
Ohtani singled and scored on Taylor Ward’s three-run homer in the fifth, then connected for a towering drive off Sam Selman leading off the seventh as a throng of red-clan fans sitting behind the Angels dugout roared.
That moved Ohtani past Ichiro Suzuki for the second-most home runs (118) by a Japanese-born player. Hideki Matsui had 175.
“Obviously we’re very different types of hitters, but if I get to pass Ichiro I’m really honored,” Ohtani said through a translator.
On the mound, Ohtani (10-7) was mostly crisp. He had five strikeouts, allowed four hits and retired seven of his final eight batters.
“After that home run today, I turned to the umpire and third base coach and was just like, ‘I don’t know how he does it,'” A’s third baseman Vimael Machín said. “Just being an elite player overall who can throw over 100 mph with nasty off speed and hit the ball the way he hits it, I can’t even describe that. I wish I could do that, too. It’s amazing what he does.”
The reigning AL MVP almost didn’t make it out of the third.
Two days after getting spiked on the top of his left foot following a collision with Mariners pitcher Marco Gonzalez near the on-deck circle, Ohtani was hit near the same area by an 87 mph line drive from Ramón Laureano.
After making the play for the final out of the inning, Ohtani bent at the waist in obvious discomfort and then limped slowly off the field. He returned to the field a few moments later to test his leg, and stayed in the game.
“It hit my foot pretty square so initially I thought there was a good chance that might be it tonight,” Ohtani said. “Got back in there and it wasn’t as bad as I initially thought.”
Nevin said Ohtani’s foot got increasingly sore as the game progressed. X-rays taken afterward were negative.
“He’s good. He’ll play tomorrow it looks like,” Nevin said. “It hit him right on the instep. Those things, if you sit for a while, a little bit of a chilly night, it tightened up on him a little bit.”
Ward’s home run off James Kaprielian (3-6) was his 15th.
Steven Duggar, claimed off waivers from Texas on Sunday, tripled and scored for Los Angeles. The Angels are 5-1 at the Coliseum this season.
Chad Pinder homered for the A’s.
Kaprielian allowed four runs (three earned) in five innings.
TRAINER’S ROOM
Angels: Mike Trout has been hitting off a tee this week and could begin taking batting practice soon. The slugger has not played since July 12 because of inflammation in his rib cage.
Athletics: RHP Brent Honeywell will pitch two innings of a simulated game in Arizona later this week and could begin a rehab assignment with Low-A Stockton afterward. Honeywell has not pitched since sustaining a stress reaction in his right elbow in spring training.
UP NEXT
Struggling All-Star RHP Paul Blackburn (7-6, 4.28 ERA) pitches the series finale Wednesday afternoon for Oakland. Blackburn has one win over his previous eight starts. RHP Touki Toussaint (1-0, 4.32) makes his first start of the season for the Angels.
___
More AP MLB: https://apnews.com/tag/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ohtani-homers-wins-to-match-ruth-as-angels-top-as-5-1/ | 2022-08-11T08:38:32Z |
- A Single Dose of SLS-004 Produced 19% Downregulation of mRNA and ~40% Reduction of Alpha-Synuclein Compared to the Control Group
- These Results Support Advancing SLS-004 into Additional Preclinical Studies in Dementia with Lewy Bodies
NEW YORK, June 9, 2022 /PRNewswire/ -- Seelos Therapeutics, Inc. (Nasdaq: SEEL), a clinical-stage biopharmaceutical company focused on the development of therapies for central nervous system disorders and rare diseases, today announced data demonstrating a statistically significant (p<0.01) 19% downregulation of mRNA and a ~40% reduction of alpha synuclein (α-synuclein) in an in vitro study of SLS-004, its gene therapy program utilizing CRISPR-dCas9, in dementia with Lewy bodies (DLB).
DLB is characterized by the accumulation of aggregated α-synuclein protein in Lewy bodies and Lewy neurites. In DLB, the pathological changes are observed in the neocortex and limbic systems with a distinguishing feature of cholinergic dysfunction, which is different from other Lewy body disorders such as Parkinson's disease. Cholinergic neurons are differentially vulnerable in various neuropathologic entities that cause dementia, including DLB. Available evidence points to early and substantial degeneration of these neurons in DLB.
"This current in vitro study extends the existing CRISPR program for Parkinson's disease to DLB as both disorders are synucleinopathies although affecting different neurons in separate regions of the brain. Our team's observation of a meaningful efficacy with a new CRISPR technology focused on cholinergic neurons in striatum for DLB is exciting indeed, as it reinforces our earlier findings in a Parkinson's disease model," said Raj Mehra, Ph.D., Chairman and CEO of Seelos. "Results producing statistically significant reductions in mRNA and α-synuclein are clinically meaningful. We plan to advance into additional preclinical studies in DLB and Parkinson's and expect additional data in the second half of this year."
The goal of this in vitro study was to extend the existing SNCA-targeted epigenome therapy system (SLS-004) by modifying the viral vector to target specific cholinergic neurons in the cortex that are afflicted in DLB and validate the specificity and efficacy in human-induced pluripotent stem cells (hiPSC) derived neuronal systems.
The parental line SNCA-Tri hiPSC-derived system for the proof-of-concept model was utilized for the current study. hiPSC were differentiated utilizing earlier protocols used in SLS-004. Multiple batches of each differentiated neuronal type were evaluated, and successful differentiation of each batch was established.
The preliminary findings showed that following two weeks of differentiation into cholinergic neurons, there was a statistically significant (p<0.01) 19% downregulation of mRNA and a ~40% reduction of α-synuclein protein compared to the no treatment/repressor groups.
Seelos plans to advance the study of SLS-004 in DLB in additional preclinical studies and disclose further developments of this new CRISPR-based therapeutic technology in the future.
In July 2021, Seelos released positive preclinical in vivo data with SLS-004 in downregulation of overexpressed α-synuclein in a Parkinson's disease model and plans to release additional data in the second half of 2022.
Dementia with Lewy bodies (DLB) is one of the two types of dementia that has Lewy body inclusions as hallmarks of pathology, the other being Parkinson's disease dementia. DLB's initial symptoms of decreased mental functioning in patients often appear similar to the onset of Alzheimer's disease. However, unlike Alzheimer's, progression of DLB can cause various movement issues as well as visual and auditory hallucinations.
DLB a progressive neurodegenerative disorder in which cognition, behavioral symptoms, and Parkinsonian symptoms worsen over time, shortening life expectancy and often requiring nursing home placement. There are currently no treatments with evidence of disease-modifying effects in DLB. Current treatment options are primarily symptomatic and targeted toward specific disease manifestations, including cognitive or behavioral symptoms, disabling Parkinson's symptoms, sleep behavior disorder and other symptoms.
SLS-004 is a novel epigenome-editing approach to modulate expression of SNCA gene mediated by modification of DNA-methylation. SLS-004 utilizes an all-in-one lentiviral vector harboring dCas9-DNA methyltransferase 3A (DNMT3A) to enrich DNA-methylation within CpGs island at the SNCA intron 1 region. The system resulted in a precise and fine-tuned downregulation (30%) of SNCA overexpression in hiPSC-derived dopaminergic neurons from a PD patient with the triplication of the SNCA locus (SNCA-Tri). Most importantly, the reduction of SNCA expression mediated by the developed system was sufficient to ameliorate disease related cellular phenotypes. The in vitro studies achieved several key milestones including the establishment that DNA hypermethylation at SNCA intron 1 allows an effective and sufficient tight downregulation of SNCA expression levels and suggests the potential of this target sequence combined with the CRISPR-dCas9 technology as a novel epigenetic-based therapeutic approach for PD.
Statements made in this press release, which are not historical in nature, constitute forward-looking statements for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. These statements include, among others, those regarding the Company's plans to advance into additional pre-clinical studies in DLB and Parkinson's, its expectations to disclose additional developments and data, including its plans to release data for a Parkinson's disease model in the second half of this year, the safety and efficacy of SLS-004 and its ability to downregulate or reduce SNCA mRNA and SNCA protein expression. These statements are based on Seelos' current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Risks associated with Seelos' business include, but are not limited to, the risk of not successfully executing its preclinical and clinical studies and not gaining marketing approvals for its product candidates, the risk that prior clinical results may not be replicated in future studies and trials (including the risk that the results from the preclinical study of SLS-004 are not replicated or are materially different from the results of future studies and trials), the risks that clinical study results may not meet any or all endpoints of a clinical study and that any data generated from such studies may not support a regulatory submission or approval, the risks associated with the implementation of Seelos' business strategy, the risks related to raising capital to fund its development plans and ongoing operations, risks related to Seelos' current stock price, risks related to the global impact of COVID-19, as well as other factors expressed in Seelos' periodic filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Although we believe that the expectations reflected in our forward-looking statements are reasonable, we do not know whether our expectations will prove correct. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, even if subsequently made available by us on our website or otherwise. We do not undertake any obligation to update, amend or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Anthony Marciano
Chief Communications Officer
Seelos Therapeutics, Inc. (Nasdaq: SEEL)
300 Park Avenue
New York, NY 10022
(646) 293-2136
anthony.marciano@seelostx.com
https://seelostherapeutics.com/
https://twitter.com/seelostx
https://www.linkedin.com/company/seelos
Mike Moyer Managing Director
LifeSci Advisors, LLC
250 West 55th St., Suite 3401
New York, NY 10019
(617) 308-4306
mmoyer@lifesciadvisors.com
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SOURCE Seelos Therapeutics, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/09/seelos-therapeutics-announces-data-demonstrating-statistically-significant-downregulation-mrna-reduction-alpha-synuclein-an-vitro-gene-therapy-study-sls-004-utilizing-crispr-dcas9-dementia-with-lewy-bodies/ | 2022-06-09T12:48:37Z |
Bird flu outbreak waning but threat of virus lingers
OMAHA, Neb. (AP) — A bird flu outbreak in the U.S. that led to the deaths of more than 40 million chickens and turkeys and contributed to a spike in egg and meat prices appears to be waning, but experts caution the virus hasn’t disappeared and worry another surge could take hold this fall.
The number of birds culled to limit its spread dropped from a peak of almost 21 million in March to less than 800,000 in May. However, more than 2 million birds have been killed already this month after infections were discovered at two large farms in Colorado.
“The numbers in the dashboard do tell a story, but we are not ready to say the outbreak is winding down,” said Richard Coker, a spokesman for the Animal and Plant Health Inspection Service division of the Department of Agriculture. “We remain vigilant and encourage producers to continue to practice strong biosecurity.”
Some state and industry officials are optimistic that the outbreak is ending, although no one is quite ready to relax.
Iowa Agriculture Secretary Mike Naig said the virus still poses a risk because more cases are being reported, but that “it really does feel like we’re on the tail end of it for this year.”
When a case of the highly pathogenic virus is found, officials kill the entire flock to limit its spread. The virus doesn’t discriminate between backyard flocks and massive egg farms; flocks of all sizes have been infected.
Iowa, the nation’s leader in egg production, was by far the hardest hit state with 13.4 million birds lost. No cases have been reported in the state since May 4, likely because migrating wild birds, which are blamed for spreading the virus, have moved out of Iowa.
Nebraska lost nearly 4.9 million birds, Pennsylvania lost 4.2 million and Colorado saw 3.6 million birds killed. Minnesota and Wisconsin each lost about 3 million.
An outbreak in 2015, when 50 million turkeys and chickens were killed, remains the most expensive animal health disaster in U.S. history. The government spent nearly $1 billion then to deal with infected birds, clean up barns and compensate farmers. The USDA has so far approved $793 million to cover costs this year.
National Turkey Federation spokeswoman Beth Breeding said the government payments “keep those losses from being catastrophic,” but they don’t cover everything. For example, farmers lose income because they can’t raise birds while their properties are being disinfected.
Food prices have increased 10% overall this year, exceeding the 8.6% inflation reported last month. Egg prices soared the most, jumping 32%, while poultry prices are up nearly 17%. But agricultural economists say that while the bird flu outbreak contributed, spikes in the cost of feed, fuel and labor are much bigger factors.
It didn’t help that outbreak peaked just as demand for eggs was highest around Easter, driving prices higher.
But a relatively small proportion of the nationwide flock was affected. The 40 million birds killed represent only 6% of the chickens raised to produce eggs, 2.5% of turkeys and less than 1% of the chickens raised for meat.
Economists expect egg and meat prices to ease this summer as farms are able build back their flocks.
“I think that there is going to start being some relief,” said Jada Thompson, an agricultural economist at the University of Arkansas.
The summer heat should help kill off the disease, but experts worry that the latest version of the virus may be hardy enough to survive the season, leading to a new outbreak when wild birds migrate later in the year.
“We may have an even bigger peak this year in the fall, who knows?” University of Georgia researcher David Stallknecht said. “The honest answer is that we do not know what the future holds, but the reporting decline in commercial poultry cases is encouraging.”
The prospects for a bird flu vaccine are uncertain; foreign markets are reluctant to import meat from inoculated birds, and vaccination can hide the presence of the virus meaning farmers would have to spend more to increase testing of their flocks. And vaccinated birds can still fall sick, just like vaccinated humans.
“I personally do not see vaccine as something that’s going to be used in the United States,” said John Clifford, the former U.S. chief veterinary officer who oversaw the USDA response to the 2015 outbreak. “Countries that don’t export may feel different. We can’t afford to lose those markets.”
There is only so much farmers can do to limit the spread of bird flu. Farmworkers already usually have to shower and change clothes before they enter a barn, and tools for each barn are kept separate.
Emily Metz, CEO of the American Egg Board trade group, said some farmers have invested heavily in combatting the virus, including upgrading ventilation systems and installing laser light systems to ward off wild birds.
“If it does linger or come back, we’re prepared. We’re not letting our guard down,” Metz said. “The improvements our producers have made in terms of biosecurity are part of their everyday business.”
___
Associated Press reporter David Pitt contributed to this report from Des Moines, Iowa.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/16/bird-flu-outbreak-waning-threat-virus-lingers/ | 2022-06-16T22:46:01Z |
LOS ANGELES, June 3, 2022 /PRNewswire/ -- Sylvox is participating the first-ever Walmart+ Weekend, a new savings event for Walmart+ members. As global expert in outdoor TVs, Sylvox will be the first brand in the business to be promoted for this exclusive event.
Walmart+ membership is the retailer's paid subscription answer to Amazon Prime. Beginning June 2nd, members will enjoy up to 40% discounts on the top brands in consumer electronics, apparel, toys, furniture, and even large appliances. Sylvox DECK 55" series outdoor TV is set to appear on Walmart.com homepage during the weekend, as Exclusive Access offering to the millions of W+ members. The DECK series is a part of the product portfolio Sylvox created that enables smart technologies for customers to enjoy outdoor entertainment.
For 13 years, Sylvox has been an industry leader in specialty displays, building TVs to use in RV, yacht, poolside, and outdoor. The new Sylvox Outdoor TVs come in varies of sizes and are featured by top grade technologies in UV protection, Waterproof, Anti-Corrosion, Anti-Moisture and Cooling System to ensure longest service life in the market. The new products also are equipped with most advanced QLED display, Smart Linux operating system that supports Google Cast Connect, and a wide choice of popular applications, including Netflix, YouTube, and Twitter.
During the Walmart+ Weekend event, members will enjoy an exclusive $300 discount on the all new Sylvox DECK 55" series outdoor TV and Sylvox DECK 43" series outdoor TV . Log in your Walmart+ member account and purchase the deal in the link here, and search Sylvox for more details.
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SOURCE SYLVOX VISION, INC | https://www.wibw.com/prnewswire/2022/06/03/sylvox-outdoor-tv-big-savings-event-walmart-weekend/ | 2022-06-03T12:23:06Z |
VIDEO: Suspect leading police chase attempts to flee on foot, gets hit by police vehicle
ALACHUA COUNTY, Fla. (Gray News) – Police in Florida arrested a man who they say stole a box truck and led them on a pursuit earlier this week.
The Alachua County Sheriff’s Office said 33-year-old Brandon J. Baker was charged with multiple felony charges, with more charges pending from the Tampa Police Department.
The chase took place Tuesday morning after the Alachua County Sheriff’s Office said they received a request for support from the Florida Highway Patrol.
Troopers were pursuing a suspect driving a box truck they said he had stolen out of the Tampa area and driven onto a nearby highway. Police said the suspect had also been involved in an armed carjacking before stealing the truck.
Captured on police dashcam video, the officers chased the suspect on the highway and through a store plaza. When the truck moved back onto the road, police maneuvered their vehicles to stop the truck, causing the suspect to jump out of the vehicle and take off running. Before he could get anywhere, a police vehicle knocked him down and officers jumped out to arrest him.
While being arrested, the man said he wasn’t angry with the police because they were “just doing their jobs.”
Police said Baker was transported to the Alachua County Jail.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/08/25/video-suspect-leading-police-chase-attempts-flee-foot-gets-hit-by-police-vehicle/ | 2022-08-25T20:11:08Z |
Man arrested for leaving scene after rollover crash in Paris
PARIS, Texas (KXII) - A Paris man is in jail after police said he took off after a rollover crash that left two people injured.
30-year-old Jerry Edward Harris, Jr., of Bogata, Texas, is facing charges for leaving the scene of an accident, and for having a firearm as a felon.
Paris Police said the crash happened Monday morning at 9:21 a.m. in the 2000 block of S Collegiate Dr.
According to police witnesses said Harris was driving northbound, ran off the road, and rolled the vehicle several times before coming to a stop. Witnesses told police Harris than exited the vehicle and walked away from the accident into the wooded area.
Police said two female passengers were transported to area hospitals for treatment, and Harris was was later located at a local motel.
Harris was arrested on a parole violation warrant and was additionally charged with leaving the scene of an accident with serious injuries. Harris was also found to be in possession of a firearm and charged with possession of a firearm by a felon.
Harris was later booked into the Paris Police Department before being transferred to the Lamar County Jail.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/08/16/man-arrested-leaving-scene-after-rollover-crash-paris/ | 2022-08-16T17:07:21Z |
SHANGHAI, May 30, 2022 /PRNewswire/ -- AffaMed Therapeutics ("AffaMed"), a global clinical-stage biopharmaceutical company dedicated to developing and commercializing transformative pharmaceutical, digital and surgical products, announces that the first patient has been dosed in its US Phase 1 study of AM712 (ASKG712), a novel proprietary bispecific biologic molecule blocking both vascular endothelial growth factor (VEGF) and angiopoietin-2 (Ang-2) for the treatment of retinal diseases. The study will investigate the safety, tolerability, pharmacokinetics, and efficacy of AM712 in subjects with neovascular age-related macular degeneration (nAMD).
Dr. Dayao Zhao, CEO of AffaMed commented: "Dosing the first patient with AM712 is another example of the AffaMed team's effective execution and global clinical development expertise. Initiating treatment in retinal disease patients marks an important milestone for AffaMed, and we look forward to advancing AM712 as an innovative and differentiated therapy for the patient population with nAMD and other retinal diseases."
Age-related macular degeneration (AMD) is an acquired degeneration of the retina that results in significant central vision loss due to neovascular (choroidal neovascular membrane formation) and non-neovascular (drusen and retinal pigment epithelium abnormalities) damages. Neovascular AMD is an advanced form of macular degeneration that has historically been the leading cause of AMD-related vision loss. Simultaneous neutralization of VEGF and Ang-2 represents a novel therapeutic approach to treat nAMD with better efficacy.
In late 2021, AffaMed entered into a licensing agreement with AskGene Pharma Inc. ("AskGene") for the exclusive rights to develop, manufacture, and commercialize AM712 globally in ex-Asia plus Japan territories. Soon after, the Investigational New Drug (IND) application, filed by AffaMed for the clinical development of AM712 was cleared by the United States Food and Drug Administration (FDA) in January 2022.
About AffaMed Therapeutics
AffaMed Therapeutics is a clinical stage biopharmaceutical company focused on developing and commercializing transformative pharmaceutical, digital and surgical products that address critical unmet medical needs in ophthalmological, neurological and psychiatric disorders for patients in Greater China and around the world. The leadership team at AffaMed Therapeutics has gained deep industry expertise and an extensive track record in high-quality discovery, clinical development, regulatory affairs, business development, manufacturing, and commercial operations at leading multi-national biopharmaceutical companies in China and globally.
About AM712 (ASKG712)
AM712 is a novel bispecific biologic molecule specifically designed for ocular use. It provides dual inhibition of two important disease-relevant pathways in retinal diseases, VEGF and Ang-2. In pre-clinical studies, AM712 demonstrated robust efficacy, good ocular pharmacokinetics, and the desired safety profile supporting clinical exploration. AskGene received China CTA clearance for AM712 from NMPA in January 2022.
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SOURCE AffaMed Therapeutics | https://www.mysuncoast.com/prnewswire/2022/05/31/affamed-therapeutics-announces-first-patient-dosed-us-phase-1-clinical-trial-am712-retinal-disease/ | 2022-05-31T04:24:14Z |
NEW PHILADELPHIA, Ohio (WJW) — Police say an Ohio father has been charged with murder after allegedly leaving his baby son in a hot car on purpose.
Landon Parrott, 19, is charged with murder, endangering children and involuntary manslaughter, according to New Philadelphia Police Det. Capt. Ty Norris.
Around 2 p.m. on Thursday, Norris says Cleveland Clinic Union Hospital notified them that a 14-month-old boy was brought into the emergency room by his father and was unresponsive. Attempts to revive the child failed and staffers told police that the father’s story was inconsistent with the child’s symptoms.
“Dad’s version essentially was that he found the child after he exited the restroom and the child was unconscious,” said Norris.
Police say Parrott confessed when confronted with surveillance video recorded across the street from the family’s apartment on Ashwood Lane in New Philadelphia.
Investigators say the video shows Parrott leaving the child in the car alone in the vehicle while his mom was at work, with temperatures around 86 to 87 degrees.
“We estimate that would’ve made the interior of the car about 130 degrees and this child was in there strapped into a car seat with no fluids, no air conditioning, nothing,” said Norris, “Heartbreaking. It’s heartbreaking to see this unfold before your eyes.”
On the video, the last time Parrott is seen with the child is around 8:30 a.m. and the next time he saw the child was at 1:50 p.m. when he went to the car to pick his wife up from work.
During a police interview, Norris says Parrott admitted that he was aware of the dangers of hot cars and had seen news reports where children had died, but he chose to leave his son in the car so he wouldn’t be a disturbance in the apartment.
Norris asked for prayers for the child’s mother and family members while seeking justice for the little boy.
“This is about this poor child and this poor mother who was just trying to work and pay bills and finding justice for both of them.”
Parrott is being held in the Tuscarawas County Jail on $250,000 bond. | https://cw33.com/news/nexstar-media-wire/teen-father-arrested-accused-of-leaving-baby-left-in-hot-car-on-purpose/ | 2022-09-04T19:58:49Z |
Hawaiian couple allegedly chained child to porch, beat him with 2-by-4
HONOLULU (HawaiiNewsNow/Gray News) - Prosecutors have revealed more specific allegations against a Hawaiian couple accused of beating a restrained child.
Hawaii County prosecutors said Alexander Aquino allegedly struck his 14-year-old stepson with a two-by-four while the boy was chained by his neck to their porch.
Aquino and his wife, Amy, also allegedly failed to render necessary medical aid when the boy broke his back while trying to escape in 2020.
Officials said the child was locked outside of the couple’s home on multiple occasions.
The teen is now in state custody.
Alexander Aquino’s bench trial just finished, and the judge’s verdict is scheduled for May 18.
Meanwhile, Aquino’s wife ― who faces the same charges of unlawful imprisonment of a minor ― pleaded “no contest” in April. She is scheduled to be sentenced in July.
Officials said Aquino and his wife were granted supervised release, despite prosecutors’ objections, pending their upcoming court dates.
Both face up to five years in prison if convicted.
Copyright 2022 Hawaii News Now via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/06/hawaiian-couple-allegedly-chained-child-porch-beat-him-with-2-by-4/ | 2022-05-06T11:43:27Z |
DALLAS (KDAF) — If you’ve got an itch scratch it once and leave it alone, however, if you’ve got a lottery ticket, scratch away until you’ve secured your big win, that’s what someone did in South Texas anyway.
The Texas Lottery reports a resident of San Antonio has recently claimed $1 million off of the scratch ticket game 500X. That ticket was purchased at Pik & Pack Food Mart on West Avenue. That person has chosen to remain anonymous.
The lottery says, “This was the first of four top prizes worth $1 million to be claimed in this game. 500X offers more than $122.9 million in total prizes. Overall odds of winning any prize in the game are one in 3.45, including break-even prizes.”
So far one of the four top prizes have been claimed, none of the five secondary prizes of $100,000 have been claimed and two of the 30 $25,000 have been claimed. | https://cw33.com/news/texas/resident-of-san-antonio-now-1-million-richer-after-texas-lottery-scratch-ticket-win/ | 2022-08-02T19:22:40Z |
NEW YORK, July 28, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Teladoc Health, Inc. ("Teladoc" or the "Company") (NYSE: TDOC) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Teladoc investors who were adversely affected by alleged securities fraud between October 28, 2021 and April 27, 2022. Follow the link below to get more information and be contacted by a member of our team:
TDOC 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) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Teladoc 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.mysuncoast.com/prnewswire/2022/07/28/tdoc-lawsuit-alert-levi-amp-korsinsky-notifies-teladoc-health-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-28T11:07:33Z |
Wray: FBI blocked planned cyberattack on children’s hospital
WASHINGTON (AP) — The FBI thwarted a planned cyberattack on a children’s hospital in Boston that was to have been carried out by hackers sponsored by the Iranian government, FBI Director Christopher Wray said Wednesday.
Wray told a Boston College cybersecurity conference that his agents learned of the planned digital attack from an unspecified intelligence partner and got Boston Children’s Hospital the information it needed last summer to block what would have been “one of the most despicable cyberattacks I’ve seen.”
“And quick actions by everyone involved, especially at the hospital, protected both the network and the sick kids who depended on it,” Wray said.
The FBI chief recounted that anecdote in a broader speech about ongoing cyber threats from Russia, China and Iran and the need for partnerships between the U.S. government and the private sector.
He said the bureau and Boston Children’s Hospital had worked closely together after a hacktivist attacked the hospital’s computer network in 2014. Martin Gottesfeld launched a cyberattack at the hospital to protest the care of a teenager at the center of a high-profile custody battle and later was sentenced to 10 years in prison. The attack against the hospital and a treatment home cost the facilities tens of thousands of dollars and disrupted operations for days.
“Children’s and our Boston office already knew each other well — before the attack from Iran — and that made a difference,” Wray said.
He did not ascribe a particular motive to the planned attack on the hospital, but he noted that Iran and other countries have been hiring cyber mercenaries to conduct attacks on their behalf.
When it comes to Russia, he said, the FBI is “racing” to warn potential targets about preparatory actions that hackers are taking toward destructive attacks. In March, for instance, the FBI warned that it was seeing increased interest by hackers in energy companies since the start of Russia’s war against Ukraine.
Hackers from China, meanwhile, have stolen more corporate and personal data from Americans than all other nations combined as part of a broader geopolitical goal to “lie, cheat and steal,” Wray said.
The speech took place as the FBI continues to combat ransomware attacks from criminal gangs, an ongoing concern for U.S. officials despite the absence of crippling intrusions in recent months.
Wray emphasized the need for private companies to work with the FBI to thwart ransomware gangs and nation-state hackers, adding that building those relationships is a key to success.
“What these partnerships let us do is hit our adversaries at every point — from the victims’ networks, back all the way to the hackers’ own computers,” Wray said.
The FBI and other federal agencies have been working to assure hacking victims that it is in their best interest to report intrusions and cyber crimes. Many companies attacked by ransomware gangs often don’t go to the FBI for a variety of reasons.
U.S. Sen. Rob Portman, a Republican from Ohio and the ranking member of the Senate Homeland Security and Governmental Affairs Committee, issued a report earlier this year critical of the FBI’s response to some ransomware victims. In two cases, the FBI “prioritized its investigative and prosecutorial efforts to disrupt attacker operations over victims’ need to protect data and mitigate damage,” the report said.
One unnamed Fortune 500 company told committee staff that the FBI did not offer any “helpful assistance” when responding to a ransomware attack.
“For example, the FBI offered their hostage negotiator who appeared to have little expertise in responding to ransomware attacks,” the report said.
Wray, though, touted the FBI’s capacity to get a technically trained agent to any victimized company in an hour — “and we use it a lot.”
___
Suderman reported from Richmond, Virginia.
___
Follow Eric Tucker on Twitter at http://www.twitter.com/etuckerAP.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/01/wray-fbi-blocked-planned-cyberattack-childrens-hospital/ | 2022-06-01T15:29:28Z |
NEW YORK , June 13, 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:
PCSB Financial Corporation (NASDAQ: PCSB)'s sale to Brookline Bancorp, Inc. Under the terms of the merger agreement, PCSB shareholders will receive, for each share of PCSB, at the holder's election, either $22.00 in cash consideration or 1.3284 shares of Brookline common stock for each share of PCSB common stock. If you are a PCSB shareholder, click here to learn more about your rights and options.
Turning Point Therapeutics, Inc. (NASDAQ: TPTX)'s sale to Bristol Myers Squibb for $76.00 per share. If you are a Turning Point shareholder, click here to learn more about your rights and options.
Mudrick Capital Acquisition Corporation II (NASDAQ: MUDS)'s merger with Blue Nile, Inc. If you are a Mudrick Capital shareholder, click here to learn more about your rights and options.
CatchMark Timber Trust, Inc. (NYSE: CTT)'s sale to PotlatchDeltic Corporation for 0.23 common shares of PotlatchDeltic stock for each common share of CatchMark. If you are a CatchMark 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.
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SOURCE Halper Sadeh LLP | https://www.wibw.com/prnewswire/2022/06/13/investigation-alert-halper-sadeh-llp-investigates-pcsb-tptx-muds-ctt/ | 2022-06-13T14:17:10Z |
WASHINGTON (AP) — The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.
The Treasury Department said in a notification that it does not plan to renew the license that allowed Russia to keep paying its debtholders through American banks.
Since the first rounds of sanctions, the Treasury Department has given banks a license to process any dollar-denominated bond payments from Russia. That window expires at midnight May 25.
There had already been signs that the Biden administration was unwilling to extend the deadline. At a press conference heading into the Group of Seven finance minister meetings in Koenigswinter, Germany, last week, Treasury Secretary Janet Yellen said the window existed “to allow a period of time for an orderly transition to take place, and for investors to be able to sell securities.”
“The expectation was that it was time-limited,” Yellen said.
Without the license to use U.S. banks to pay its debts, Russia would have no ability to repay its international bond investors. The Kremlin has been using JPMorgan Chase and Citigroup as its conduits to pay its obligations.
Jay Auslander, a prominent sovereign debt lawyer who previously litigated other debt crises like the one in Argentina, said at this point most of the institutional investors in Russian debts have likely sold their holdings, knowing this deadline is coming. Those who are still holding the debts are either distressed debt investors or those willing to wait to litigate it out over the next few years.
“The majority who wanted out have gotten out. The only issue is finding buyers,” he said.
The Kremlin appears to have foreseen the likelihood that the U.S. would not allow Russia to keep paying on its bonds. The Russian Finance Ministry prepaid two bonds on Friday that were due this month to get ahead of the May 25 deadline.
The next payments Russia will need to make on its debts are due on June 23. Like other Russian debt, those bonds have a 30-day grace period — which would cause default by Russia to be declared by late July, barring the unlikely scenario that the Russia-Ukraine war would come to an end before then.
Investors have been almost certain of Russia going into default for months now. Insurance contracts that cover Russian debt have priced a 80% likelihood of default for weeks and rating agencies like Standard & Poor’s and Moody’s have placed the country’s debt deep into junk territory.
Russia has not defaulted on its international debts since the 1917 Revolution, when the Russian Empire collapsed and the Soviet Union was created. Russia defaulted on its domestic debts in the late 1990s during the Asian Financial Crisis, but was able to recover from that default with the help of international aid.
A Russian default this time will likely have little impact on the global economy, Auslander said, since Russia has been cut off from global financial markets for months now and investors have been expecting a default. Biden officials have made similar statements.
Once it defaults, the next likely step would be for Russia to turn to U.S., British or European courts to argue that it was forced into default by circumstances beyond its control — a concept in finance known as force majeure — in an effort to restore its standing in global financial markets. It may be difficult to win that argument however, Auslander said, due to the fact that Russia got cut off from financial markets because it chose to invade Ukraine.
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Sweet reported from New York. | https://cw33.com/business/ap-business/us-to-end-russias-ability-to-pay-international-investors/ | 2022-05-25T08:00:02Z |
VANCOUVER, BC and Erie, Pa, June 24, 2022 /PRNewswire/ - ImagineAR (CSE: IP) (OTCQB: IPNFF) an Augmented Reality Company that enables businesses to instantly create their own mobile phone experiential AR campaigns, is pleased to announce the signing of a reseller agreement with Blayney Partnership, a digital creative technology agency based in the UK. Clients include The Kia Oval, Gtechniq, USA Cricket, EBC Brakes International and Lacoste.
Ozz Blayney stated "We are incredibly excited about the recent partnership. AR technology is the latest media that will expand our expertise. 30% of our portfolio sits within the International Cricket sector and AR technology can now bring dynamic team updates, club merchandise and star player messages directly to any fan whilst watching live matches at both sporting venues or live on TV by just scanning location hotspots or a TV with their mobile device. Incredible technology for the modern world. Thank you ImagineAR."
"Blayney Partnership is a forward-thinking dynamic agency that leverages advanced technology to deliver dynamic client solutions. As we focus on expanding around the world, we are optimistic Ozz Blayney and his team will create exceptional immersive experiences using the ImagineAR platform for his clients" stated ImagineAR CEO and Founder Alen Paul Silverrstieen.
An Award Winning Creative Agency based in Northampton, United Kingdom.We're a multifaceted, all-round creative studio that has been alive and kicking for over 30 years. We've worked with some household names, and some exciting local start-ups for over 3 decades, producing unforgettable solutions. With an in-house team of 8 carefully curated creative breeds, and a network of external support, we have the tools and the team to cater for all of your creative needs.
Imagine AR Inc. (CSE: IP) (OTC: IPNFF) is an "AR-as-a-Service" platform that enables sports teams and businesses of any size to create and implement their own instant mobile AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds using ImagineAR. Customers simply point their mobile device at logos, signs, buildings, products, landmarks and more to instantly engage with videos, information, advertisements, coupons, 3D holograms and any interactive content, all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The ImagineAR mobile app is available in the IOS and Android mobile app stores. The platform is available as a native mode SDK to integrate into any native mobile app.
All trademarks of the property of respective owners.
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Alen Paul Silverrstieen
President & CEO
(818) 850-2490
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The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
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SOURCE ImagineAR Inc. | https://www.mysuncoast.com/prnewswire/2022/06/24/imaginear-otcqb-ipnff-announces-blayney-partnership-joins-reseller-program-uk-marketplace/ | 2022-06-24T11:46:21Z |
TORONTO, May 26, 2022 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) ("RBI") announced today that José Cil, Chief Executive Officer, will participate in a fireside chat at RBC Capital Markets 2022 Global Consumer & Retail Conference on June 2nd, 2022 at 9:20 am Eastern Time.
A live audio webcast will be available on the company's investor relations website (http://rbi.com/investors) and will be available for 30 days following the event.
About Restaurant Brands International Inc.
Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with over $35 billion in annual system-wide sales and over 29,000 restaurants in more than 100 countries. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.
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SOURCE Restaurant Brands International Inc. | https://www.mysuncoast.com/prnewswire/2022/05/26/restaurant-brands-international-inc-participate-rbc-capital-markets-2022-global-consumer-amp-retail-conference/ | 2022-05-26T22:34:28Z |
WASHINGTON, June 28, 2022 /PRNewswire/ -- Regent University and Family Research Council released a new report today titled "Why International Religious Freedom is Vital to International Development: Causal Connections and Policy Recommendations." The report focuses on how agencies responsible for administering America's foreign development assistance should promote religious freedom abroad. This report also points to the evidence that economic growth can only be fully realized for developing nations when religious freedom is protected.
Regent's Dr. A. J. Nolte and FRC's Arielle Del Turco, who jointly authored the report, observe: "According to USAID's mission statement, it exists in part to 'promote and demonstrate democratic values abroad, and advance a free, peaceful, and prosperous world.' One of the most meaningful ways USAID can do this is by promoting religious freedom around the world. The reality is that the expansion of religious freedom contributes to many international development goals, and programming geared toward promoting international religious freedom (IRF) can play a positive role in advancing this fundamental human right for all people."
The report goes on to assert: "Because of the correlation between religious freedom and economic growth, the U.S. government's foreign assistance efforts would greatly benefit from promoting international religious freedom programming and projects. If the U.S. government wants to have a long-lasting impact in the countries it seeks to strengthen, then promoting religious freedom must be a part of the solution."
The report's co-author Arielle Del Turco commented on the study:
"Research demonstrates a strong link between religious freedom and economic growth and development. If the U.S. government wants to have a positive long-term impact on developing societies, then advancing religious freedom must be a part of the game plan. U.S. development efforts should be focusing on protecting persecuted communities and contributing to stable societies that embrace religious freedom. This will allow them to prosper."
"Religious freedom—defined as the ability to choose, change, and live in accordance with your faith—is core to who we are. We do people in the developing world a serious disservice by overlooking this fundamental human right. By fostering religious freedom in the developing world, we can help set countries up for success," Del Turco concluded.
The full report, and the corresponding issue brief, can be found here: https://www.frc.org/internationaldevelopment
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SOURCE Family Research Council | https://www.mysuncoast.com/prnewswire/2022/06/28/frc-regent-university-release-joint-study-linking-religious-freedom-economic-well-being/ | 2022-06-28T19:37:58Z |
NEW YORK, May 17, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Natera, Inc. (NASDAQ: NTRA) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Natera common stock between February 26, 2020, and April 19, 2022, inclusive.
Lead Plaintiff Deadline: June 27, 2022
No obligation or cost to you.
Learn more about your recoverable losses in NTRA:
https://www.kleinstocklaw.com/pslra-1/natera-inc-loss-submission-form?id=27280&from=4
Natera, Inc. NEWS - NTRA NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Natera, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company's non-invasive prenatal test, Panorama, was not reliable and resulted in high rates of false positives; (2) the Company's screening test for kidney transplant failure, 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 of the foregoing, defendants' statements about the company's business, operations, and prospects lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Natera you have until June 27, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Natera securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the NTRA lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/natera-inc-loss-submission-form?id=27280&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
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SOURCE The Klein Law Firm | https://www.mysuncoast.com/prnewswire/2022/05/17/ntra-alert-klein-law-firm-announces-lead-plaintiff-deadline-june-27-2022-class-action-filed-behalf-natera-inc-shareholders/ | 2022-05-17T11:38:45Z |
NEW YORK, July 5, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for XELA, TYME, CCL, PGEN, and KERN.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- XELA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=XELA&prnumber=070520226
- TYME: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=TYME&prnumber=070520226
- CCL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CCL&prnumber=070520226
- PGEN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PGEN&prnumber=070520226
- KERN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=KERN&prnumber=070520226
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/07/05/thinking-about-buying-stock-exela-technologies-tyme-technologies-carnival-corp-precigen-or-akerna/ | 2022-07-05T16:30:43Z |
FN Media Group Presents USA News Group News Commentary
VANCOUVER, British Colombia , Sept. 12, 2022 /PRNewswire/ -- USA News Group –The airline industry is projecting an industry-wide return to profitability in 2023, and full recovery in 2024. Along the way, the world's top airline carriers have been revamping the in-flight experience, most noticeably by adding more meatless options to their menus. Among the airlines that have been adding options have been Alaska Air Group, Inc. (NYSE:ALK), Delta Air Lines, Inc. (NYSE:DAL), Onex Corporation (TSX:ONEX) (OTCPK:ONEXF) subsidiary WestJet, and most recently International Consolidated Airlines Group S.A. (OTCPK:ICAGY) subsidiary British Airways, which has begun offering a new high-protein snack mix from newly-public Pangea Natural Foods (CSE:PNGA) (OTCQB:PNGAF) based out of Vancouver, Canada.
"Food is one of the most tangible signals of what an airline thinks of its customers," said former airline executive Henry Harteveldt, founder of travel consulting firm Atmosphere Research Group.
Customers of International Consolidated Airlines Group S.A. (OTC:ICAGY) (OTC:BABWF) subsidiary British Airways, now will have a new snack option that goes beyond the cliched bag of peanuts or pretzels. British Airways did the same as Air Canada to bring in the new Munchie Mix from Pangea Natural Foods (CSE:PNGA) (OTC:PNGAF), that's packed with non-GMO superfoods including dried cranberries, yorgut chips, roasted cashews, almonds and pumpkins.
"We are excited to work with one of the world's leading airlines to introduce the Pangea Munchie Mix into British Airways' fleet of planes." said Pangea CEO Pratap Sandhu, "Whether a traveler is waiting in an airport lounge or on a long-haul global flight, the Munchie Mix is a high-protein, healthy mix that will solve a passenger's snack cravings."
Being added to the British Airways fleet, which is scheduled to fly over 120,000 flights over the winter season is another win for Pangea after it had already been added to Air Canada's scheduled passenger service that flies directly to 51 Canadian airports, 46 destinations in the United States and 67 airports in Europe, the Middle East, Asia, and Africa, and flying up to 438 daily flights between Canada and the United States alone. With British Airways, Pangea snacks will now be available within their fleet of over 230 airplanes, serving 13 domestic UK destinations, and 192 international destinations in 76 countries.
By the year of the projected industry recovery in 2024, the world's in-flight catering services market alone is expected to reach $21.5 billion.
Pangea manufactures the Munchie Mix, along with their Plant-Based Patties and Old Fashioned Ghee in-house at their Vancouver Lower Mainland facility, which has been approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration.
Prior to being added to a pair of major airlines, Pangea was busy establishing its other products, (Pangea Plant-Based Patties and Old Fashioned Ghee) via their online website and through over 250 retail outlets across Canada and the United States.
Air Canada's largest Canadian competitor WestJet was bought back in 2019 by the Onex Corporation (TSX:ONEX) (OTC:ONEXF), ahead of the hit the industry took after 2020. While the airline has done a lot lately to impress a new generation of fliers, including the announcement of gender-neutral uniforms, not everyone is impressed by their menus when they were introduced in 2020.
Apparently WestJet's menu was too vegan-friendly for some of its customers, as the newer menus provided health vegan options such as vegetable fritters, Waldorf and Greek sales, as well as Korean cauliflower—however meat-eating customers took to Twitter to vent what they perceived was a lack of animal products.
Despite the complaints, WestJet has held steady to appease all of its customers' tastes, by providing options to economy passengers such as a breakfast with vegetarian sausage and baked beans, as well as a vegetarian penne pasta, and a green Thai curry with chunks of chicken. For business cabin flights, the carrier also provides special meals such as an all-vegan meal, as well as Kosher, Muslim and Hindu meals, as well as a gluten intolerant meal.
Two of WestJet's airline partners are Alaska Air Group, Inc. (NYSE:ALK) and Delta Air Lines, Inc. (NYSE:DAL), both of which have significantly improved their meatless offerings.
Back in March, Delta introduced five new meatless meals to its inflight menu, and tapped into the expertise of Impossible Foods—which itself is expected to go public soon, either through a traditional IPO or a SPAC merger.
For context, Delta flies 200 million people a year, making the new dishes available on select flights that travel 900 miles or longer.
"Not only are plant-based meats like Impossible™ Burger delicious to eat, but they're also often better for the environment, using far less land and water to produce," said Kristen Manion Taylor, SVP – In-Flight Service for Delta. "These new options are one part of Delta's broader mission to promote a wellness-focused travel journey."
Along with Impossible Foods, the airline has also enlisted the help of Black Sheep Foods to provide plant-based "lamb" meatballs, while also providing its own cauliflower cakes, and a warm seasonal vegetable plate.
For Alaska Airlines, they celebrated the summer with a new in-flight vegan meal dubbed "Soy Meets World", which was a summer vegetable salad topped with fried tofu, developed in partnership with West Coast-based company, Evergreens.
"We're thrilled to offer our guests more healthy and nutritious choices when they fly with us," said Todd Traynor-Corey, Alaskan Airlines' Managing Director of Guest Products. "We built our menu thoughtfully to offer more plant-based, vegan and gluten-free options, which include a range of fresh, bright flavors inspired by the West Coast and ingredients that are authentically healthy by nature such as roasted broccoli, crisp romaine and baby lettuce greens, quinoa, fresh fruit and more."
As per the company's statement, Alaskan Airline boasts "the most comprehensive domestic food and beverage program in the industry—offering three meal options in First Class, including their Signature Fruit & Cheese on flights as short as 550 miles.
The trend of improved in-flight menus should likely continue, as improved food improves the carrier's image and its perceived care for its customers. As airlines continue to recuperate from the pandemic's financial impacts, likely they'll also seek to allure in high-paying customers in first- and business-class sections.
Because of "the incentive to win those premium class passengers, the incentive to spend more money [on food] is high," said Steve Walsh, partner at management consulting firm Oliver Wyman in its transportation and services practice in an interview with CNBC.
However, for those seeking fresher, natural foods, the game for airlines is challenging to secure them. Greens and salads are among the most difficult dishes to serve on board. So, look to the carriers to bring in more hot-meals involving grains, as well as improved snack options along the way.
For More Information, please visit: https://usanewsgroup.com/2022/09/01/skyrocketing-demand-for-clean-label-natural-foods-fuels-this-stocks-incredible-potential/
Article Source:
USA News Group
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SOURCE USA News Group | https://www.wibw.com/prnewswire/2022/09/12/major-airlines-listening-hungry-customers-bringing-their-meatless-a-game-in-flight-menus/ | 2022-09-12T14:16:11Z |
NEW YORK, June 22, 2022 /PRNewswire/ -- The global entertainment & media (E&M) industry surged ahead last year, strongly outpacing overall global economic growth. Following a pandemic-related 2.3% decline in 2020, E&M revenue rose a strong 10.4% in 2021, from US$2.12trn to US$2.34trn. With the industry becoming more digital, more mobile and more youth-oriented, virtual reality (VR) and gaming are powerful growth drivers, while digital advertising permeates all of the industry. These are findings from PwC's Global Entertainment & Media Outlook 2022-2026, the 23rd annual analysis and forecast of E&M spending by consumers and advertisers across 52 countries and territories.
Findings in this year's Outlook include:
- Global video games and esports revenue totaled US$215.6bn in 2021 and is forecast to grow at a 8.5% CAGR to US$323.5bn in 2026. Asia Pacific generated the lion's share of revenues in 2021 with US$109.4bn, almost double North America, the second highest region. Gaming is now the third-largest data-consuming E&M content category, behind video and communications.
- VR continues to be the fastest-growing E&M segment, albeit from a relatively small base. Global VR spend rose by 36% y-o-y in 2021 to US$2.6bn, following on the hot 39% growth in 2020. Growth between 2021 and 2026 is expected at 24% CAGR, bringing the segment to US$7.6bn. Gaming content is the primary contributor to VR revenue, taking in US$1.9bn in 2021. This should increase to US$6.5bn in 2026, 85% of total VR revenue.
- Advertising's spread throughout the digital world has made it a dominant industry category. After a decline of nearly 7% in 2020, advertising grew an impressive 22.6% in 2021 to US$747.2bn. Driven almost entirely by digital, advertising is set to grow at a 6.6% CAGR through 2026. Internet advertising revenue is seen growing even faster, expanding at 9.1% CAGR. In 2026, advertising is projected to be a $1tn market and the largest E&M revenue stream, having surpassed consumer spending and internet access.
- After growing by 35.4% in 2020, Over-the-top (OTT) video surged another 22.8% in 2021, pushing revenues to US$79.1bn. The pace of OTT revenue growth will moderate somewhat; it is expected to grow at a 7.6% CAGR through 2026, pushing revenues to US$114.1bn.
- Traditional TV, beset by competition from OTT streaming services, still generates considerable revenues, but its inexorable decline will continue, with global revenues projected to shrink at a -0.8% CAGR from US$231bn in 2021 to US$222.1bn in 2026.
- Global cinema revenue is bouncing back, reversing its pandemic-driven losses, and is expected to reach a new high of US$46.4bn in 2023. Box office revenue is projected to reach US$49.4bn in 2026 from US$20.8bn in 2021, an 18.9% CAGR. China surpassed the US to become the world's biggest cinema market in 2020, and is expected to retain this leadership through 2026.
- Live music revenue is projected to exceed pre-pandemic levels in 2024. Digital music- streaming subscriptions are driving growth in the recorded music sector where revenues are forecast to rise from US$36.1bn in 2021 to US$45.8bn in 2026
- The growth of content is fueling massive data consumption – 2.6mn petabytes (PB) of data were consumed in 2021, and it is expected to rise at a 26% CAGR to reach 8.1mn PB by 2026. Gaming will be the fastest-growing data consumer over the forecast period, with a 29.6% CAGR expected. Mobile handsets will be the fastest-growing device category between 2021 and 2026, increasing at a 28.8% CAGR and expected to push mobile data consumption up from 1.1mn PB to 3.8mn PB.
Werner Ballhaus, Global Entertainment & Media Industry Leader, PwC Germany, said: "Industry press tends to focus on the companies that have dominated the E&M industry. But it is the choices that billions of consumers make about where they will invest their time, attention and money that are fueling the industry's transformation and driving the trends. We are seeing the emergence of a global E&M consumer base for the coming years that is younger, more digital and more into streaming and gaming than the current consumer population. This is shaping the future of the industry."
North America dominates per capita E&M, but faster growth resides elsewhere
At a regional level, North America commands by far the highest E&M spend per capita, at US$2,229, nearly double Western Europe's US$1,158. By contrast, Asia Pacific, which was the largest E&M region by revenue in 2021 at US$844.7bn, has per capita spend of US$224. The Middle East and Africa have the lowest per capita E&M spend of any region globally, at US$82.
The top ten growth markets by CAGR, meanwhile, are focused in Latin America, Middle East, Africa and Asia, with OTT video and gaming providing the majority of revenue growth, and esports and cinema seeing fast growth as well. Turkey (estimated 14.2% CAGR), Argentina (10.4%), India (9.1%) and Nigeria (8.8%) are top-ranked for E&M consumer spend growth prospects over the five year forecast period.
The metaverse awaits
In the not-too-distant future the metaverse could become a stunningly realistic world where individuals access immersive virtual experiences, through a VR headset or other connecting device. Because the metaverse is an evolution that may profoundly change how businesses and consumers interact with products, services and each other, its potential financial and economic value goes far beyond VR. In time, much of the revenues associated with video games, music performances, advertising and even e-commerce could migrate into the metaverse.
How big is the E&M opportunity in the metaverse? The fast-growing market for VR is a starting point to consider. It is currently one of the smaller segments tracked, but the 36% rise in global spending over the past year is a hint of its long-term potential. The global installed base of stand-alone and tethered VR headsets is projected to grow from 21.6m in 2021 to 65.9m in 2026.
CJ Bangah, Technology, Media and Telecommunications Principal, PwC United States, said: "Coming out of the pandemic, we've seen a strong recovery across key sectors. This has set a new growth platform for Entertainment and Media heading into a turbulent future with fault lines, fractures, and new monetization opportunities dotting the landscape. As we enter FY23 and beyond, expect to see continued growth in digital-only and digital-enabled content and media experiences, gaming becoming the new battleground for consumer entertainment, and content and streaming being transformed by market and consumer dynamics."
About the Global Entertainment & Media Outlook 2022-2026
The PwC Global Entertainment & Media Outlook, with the accompanying publication, "Fault Lines and Fractures: Innovation and Growth in a New Competitive Landscape," provides in-depth analysis of global E&M consumer and advertising spending. The Outlook includes five-year historical and five-year forecast data and commentary for 16 industry segments across 52 territories. Segments include advertising (TV, internet, out-of-home); books; business-to-business; cinema; data consumption; internet access; music, radio and podcasts; newspapers and consumer magazines; OTT video; TV and home video; as well as Metaverse and NFT included for the first time this year.
About PwC
At PwC, our purpose is to build trust in society and solve important problems. We're a network of firms in 156 countries with over 295,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.
PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.
© 2022 PwC. All rights reserved.
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SOURCE PwC | https://www.mysuncoast.com/prnewswire/2022/06/22/global-entertainment-amp-media-revenues-surge-23-trillion-virtual-reality-sees-36-growth-gaming-esports-are-pace-become-324-billion-business-pwc/ | 2022-06-22T12:24:25Z |
BOTA coaches talk about rivalry
SHERMAN, Texas (KXII) - Sherman and Denison will renew their rivalry when they meet for the Battle of the Ax on Friday night at Munson Stadium.
The game will mark the opening week of the high school football season. Sherman will travel to Denison as they renew the rivalry.
The Bearcats are trying to win back the axe after watching Denison win the the past nine meetings. Both teams are getting used to it being the first game of the season, but you never get used to what this game means to the players, coaches and fans.
“They were trying to describe it to me and I thought I knew what it was all about,” Sherman head coach Cory Cain said. “But until you get out there and experience it, and you can feel the energy and the passion from both sides of the field, it’s really indescribable.”
“There’s a lot of emotions in the community,” Denison head coach Brent Whitson said. “For the kids, it’s more about playing guys you have known your whole life. We have so much going back and forth over 12 years of school, where I went to Denison, I went to Sherman, that there’s almost a family feel to it.”
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/08/24/bota-coaches-talk-about-rivalry/ | 2022-08-24T04:41:55Z |
Teen paralyzed in ‘freak accident’ at 1st high school football game
BLOOMINGTON, Minn. (WCCO) - A Minnesota high school football team is coming together to support their teammate, who is recovering from a devastating injury that may have left him paralyzed.
Ethan Glynn, 15, started classes as a freshman at Jefferson High School in Bloomington, Minnesota. He took the field last Friday for what should have been the first game of a budding high school career.
But Glynn, known as “E” to his teammates, was severely injured as he made a tackle playing defense. It left him lying motionless on the field.
“It’s real, it’s fresh and it’s raw and it’s hard,” said Chad Nyberg, the high school’s activities director. “This is all just freak accident stuff, and there’s nothing that any one person did or cause of anything.”
Glynn “suffered a severe neck and spinal cord injury that… left him paralyzed from the shoulders down,” according to a CaringBridge post. He had multiple surgeries and spent time on a ventilator.
In addition to football, the 15-year-old was captain of his hockey team and loves playing baseball. His squad spent Wednesday night making signs and posters to raise his spirits.
“Some groups are doing some cards and things like that that will go to him. The football team is doing some gummy bracelets that they’re going to wear in support. The 9th grade team is getting some T-shirts made,” Nyberg said.
Glynn has a long road to recovery ahead, and even as his teammates hope to give him strength, coaches want them to know that being strong means acknowledging their own grief.
“It’s good to be vulnerable, right? And on your terms, too. Like when you feel it and stuff like that, you need to talk and process,” Nyberg said.
The freshman team will play their first game since Glynn’s injury on Thursday.
Copyright 2022 WCCO via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/09/08/teen-paralyzed-freak-accident-1st-high-school-football-game/ | 2022-09-08T07:35:51Z |
CALABASAS, Calif., April 11, 2022 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) today announced that the Company will release its first quarter 2022 financial and operating results on Thursday, May 5, 2022, after the market closes. The Company will host a conference call on Friday, May 6, 2022, at 12:00 p.m. Eastern Time to review first quarter results, discuss recent events, and conduct a question and answer period.
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is a nationally recognized brand for rental homes, known for high-quality, good value and resident satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of December 31, 2021, we owned 57,024 single-family properties in selected submarkets in 22 states.
Additional information about American Homes 4 Rent is available on our website at http://www.americanhomes4rent.com.
Contacts:
American Homes 4 Rent
Investor Relations
Nicholas Fromm
Phone: (855) 794-2447
Email: investors@ah4r.com
American Homes 4 Rent
Media Relations
Megan Grabos
Phone: (805) 413-5088
Email: media@ah4r.com
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SOURCE American Homes 4 Rent | https://www.kxii.com/prnewswire/2022/04/11/american-homes-4-rent-announces-dates-first-quarter-2022-earnings-release-conference-call/ | 2022-04-11T20:48:49Z |
WASHINGTON (NEXSTAR) — Things are heating up over a sweeping Big Tech bill that supporters argue would promote competition and bring down consumer prices online.
But Big Tech groups are sounding the alarm. They argue the plan will due just the opposite.
U.S. Senator Amy Klobuchar, D-Minn., said that the bill is designed to help consumers by stopping companies like Apple, Google or Amazon from squashing competition online.
“The bill is pro-competition and it’s common sense,” Klobuchar said. “The world’s largest platforms shouldn’t be allowed to copy small businesses’ private data and then create their own knock-off products.”
Klobuchar and U.S. Senator Chuck Grassley, R-Iowa, said the plan will also lower prices and spur innovation.
Big Tech groups say the plan will actually do the opposite and are spending millions of dollars on ads and lobbying to try to block it.
U.S. Senator Josh Hawley, R-Mo., supports the bill and said he’s growing concerned that the pressure campaign will work.
“Big Tech groups in total have spent over $20 million,” Hawley said. “They’re certainly twisting people’s arms left and right.”
Carl Szabo with NetChoice, a firm representing tech groups, says not much arm-twisting is necessary.
“Economic studies show this legislation will increase inflation,” he said. “As more and more lawmakers realize the bad effects of this bill they’re backing away incredibly fast.”
The U.S. Department of Justice supports the legislation, and Klobuchar said she wants to see a vote by the Fourth of July. | https://cw33.com/news/washington-dc-bureau/tech-groups-spending-millions-to-block-sweeping-big-tech-bill/ | 2022-06-10T23:01:42Z |
UC San Diego Sanford Stem Cell Institute will combine current efforts with new programs intended to leverage the advantages of space-based science
SAN DIEGO, Sept. 6, 2022 /PRNewswire/ -- Noted businessman and philanthropist T. Denny Sanford has committed $150 million in new funding to expand and, in some ways, quite literally launch stem cell research and regenerative medicine at University of California San Diego into new spaces and endeavors.
The gift will fund the new UC San Diego Sanford Stem Cell Institute and builds upon a $100 million gift in 2013 from Sanford that boldly established UC San Diego as a leader in developing and delivering the therapeutic promise of human stem cells — special cells with the ability to develop into many different cell types and which, when modified and repurposed, have the potential to treat, remedy or cure a vast array of conditions and diseases.
"Denny's previous generosity spurred discoveries in stem cell research and medicine at UC San Diego that are already benefiting countless patients around the world," said Chancellor Pradeep K. Khosla. "His most recent gift adds to our portfolio of stem cell research conducted in Earth's orbit that will help us better understand the progression of cancer cells and aging."
Sanford's gift to establish the Sanford Stem Cell Institute is the largest single gift to UC San Diego. "This investment enables the team to dream beyond what is possible," said Sanford. "The sky is no longer the limit."
In addition to his investment to create the Sanford Stem Cell Clinical Center at UC San Diego Health in 2013, Sanford established the T. Denny Sanford Institute for Empathy and Compassion in 2019, which focuses on research into the neurological basis of compassion, with application toward developing compassion and empathy-focused training for future generations of medical professionals. He also recently made a $5 million gift to support the Epstein Family Alzheimer's Research Collaboration, a partnership between UC San Diego and the University of Southern California to spark new collaborative efforts to discover effective therapies for Alzheimer's disease.
Sanford was also honorary co-chair of the Campaign for UC San Diego, which concluded in June 2022 having raised more than $3 billion – exceeding its initial $2 billion goal. He was honored as a recipient of the 2014 Chancellor's Medal, one of the university's highest honors, in recognition of his exceptional service in support of the campus' mission.
The Sanford Stem Cell Institute
The new UC San Diego Sanford Stem Cell Institute, under the direction of Catriona Jamieson, MD, PhD, Koman Family Presidential Endowed Chair in Cancer Research in the UC San Diego School of Medicine, will continue three existing stem cell programs at UC San Diego with three new programs.
The new programs to be established with Sanford's gift include:
- Sanford Stem Cell Education and Integrated Space Stem Cell Orbital Research Program (ISSCOR), for stem cell research that will be conducted in a laboratory bay located aboard the International Space Station currently in low-Earth orbit.
- Sanford Stem Cell Fitness and Space Medicine Program, conducting in-depth space fitness and orbital medicine that can benefit both astronauts and people living on Earth.
- Sanford Stem Cell Accelerator, which will support regenerative medicine company development, including contract research in low-Earth orbit.
Existing stem cell programs at UC San Diego in the Sanford Stem Cell Institute include:
- Sanford Stem Cell Clinical Center, which conducts research to accelerate relevant drug and therapy development in regenerative medicine, including clinical trials.
- UC San Diego Stem Cell Program, which conducts basic and translational stem cell research.
- Advanced Cell Therapy Laboratory (ACTL), which provides fundamental tools and services to move basic research findings to next stages, such as early phase trials.
"We are thrilled to announce the establishment of the UC San Diego Sanford Stem Cell Institute with Denny Sanford's generous support," said Jamieson. "This will allow us to keep pace with the growing need for regenerative and stem-cell based therapies and accelerate translational stem cell research and discoveries that will transform human health for years to come."
Stem Cell Research on Earth – and Beyond
With three new programs established as part of the Sanford Stem Cell Institute, a key focus of the institute will be leveraging space as a new frontier for stem cell science. Exposure to radiation and microgravity in low-Earth orbit can simulate — and speed up — aging in stem cells, as well as their transformation into cancer cells. Space-related research may have applications that create better treatments for various cancers and diseases on Earth, including blood cancers, as well as neurodegenerative diseases such as Alzheimer's and Parkinson's.
To fuel sustained research and education in this promising area, Sanford's gift will establish the Sanford Stem Cell Institute STELLAR Endowed Chair in Regenerative Medicine, the Sanford Stem Cell Institute Endowed STELLAR Exploration Faculty Scholars and Fellows Fund, and the Sanford Stem Cell Institute STELLAR Exploration Discovery Fund.
UC San Diego already has expanded its research capacity in stem cell science to space – efforts that will be further amplified with the recent gift.
In late 2021, UC San Diego worked with NASA, Space Tango and the JM Foundation to launch stem cells into space aboard a SpaceX Falcon 9 rocket to study stress-induced aging and how stem cells and their progeny transform into pre-cancer and cancer stem cells associated with leukemia and other blood cancers.
In 2019, Alysson Muotri, PhD, professor of pediatrics and cellular and molecular medicine, and colleagues sent a payload of stem cell-derived human brain organoids to the International Space Station (ISS) orbiting almost 250 miles above Earth to study how these masses of cells organize into the beginnings of a functional brain in microgravity. The first-ever project of its type was dedicated to Sanford, a longtime supporter of Muotri's work and others.
"When I was designing these experiments, I realized how innovative and cutting edge they were," said Muotri. "I thought Denny would be proud of this project, and that I should dedicate this first mission to him. Denny has been a cheerleader for the stem cell community. He is pushing all of us to speed discovery and translate it to help millions of people who suffer from different conditions that could be treated with stem cell-based therapies."
Bringing Results to Patients
Since its inception in 2013, the Sanford Stem Cell Clinical Center at UC San Diego has yielded a three-fold return on investment by obtaining more than $312 million in funding, including $253.6 million in grants, $15.8 million in clinical trial contracts, $2.7 million in Advanced Cell Therapy Lab (ACTL) service charges and more than $40.2 million in philanthropy – all with the goal of discovering new treatments to benefit patients.
Key successes include new pharmaceutical treatments Fedratinib, which was approved by the FDA for the treatment of myelofibrosis in 2019, and Glasdegib, FDA approved for acute myeloid leukemia in 2018.
Meanwhile, clinical trials are ongoing for Cirmtuzumab, a monoclonal antibody-based drug developed by Thomas Kipps, MD, PhD, Distinguished Professor of Medicine and deputy director of research at Moores Cancer Center at UC San Diego Health, and colleagues. Cirmtuzumab targets cancer stem cells and is being tested, alone and in combination with other drugs, to treat chronic lymphocytic leukemia and other blood cancers.
Stem cell research at UC San Diego has been a substantial beneficiary of the California Institute for Regenerative Medicine (CIRM), the state's stem cell agency, created in 2004 with the approval of Proposition 71. UC San Diego researchers have garnered 116 awards totaling more than $227 million. Cirmtuzumab is named as a nod to CIRM and its support. In 2020, California voters passed Proposition 14 to continue CIRM operations and funding.
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SOURCE University of California San Diego | https://www.kxii.com/prnewswire/2022/09/06/150-million-gift-takes-stem-cell-research-new-heights/ | 2022-09-06T19:01:48Z |
MELBOURNE, Fla., Sept. 8, 2022 /PRNewswire/ -- Today, Lana Health and Health First (FL) announced an innovative partnership pilot to improve the patient experience starting at the bedside within the hospital, and extending care post-discharge, helping patients through a successful recovery at home.
As digital consumerism in healthcare accelerates, expectations for the patient experience continue to evolve in equal measure. Today, the patient experience extends beyond the four walls of a hospital and encompasses every step of the healthcare journey, be it preparing a patient for a surgery, enabling them to manage their chronic condition from the comfort of their home or guiding them post-discharge to avoid a potential readmission.
Health First and Lana Health understand that today's patients have higher expectations of their health care team and providers, and now more than ever, need to obtain their trust, and actively engage patients during their care journey.
No stranger to innovation, Health First is one of the first healthcare systems in the state of Florida to launch home-based hospital care (Hospital at Home) for patients presenting to an Emergency Department. Health First also recently announced they will be the first hospital in the state of Florida to begin using what's known as "whole blood" on its First Flight ambulance helicopters - providing a lifesaving edge for patients involved in a traumatic accident.
Lana's patient engagement solution will be deployed on iPads at the hospital bedside, ensuring privacy and security while providing patients with a modern consumer experience, with the goal to create the smart room of the future for the hospital.
With access to Lana, patients will have:
- Access to their schedule, labs, vitals and medications at any time of the day during the stay
- A variety of engaging content ranging from movies, music, relaxation content and access to their personal Netflix, Apple TV+ and other streaming services
- On-demand patient education content and interactive resources delivered to patients at the point of care. This empowers patients to be confident in their post discharge instructions, and better understand the condition
- A medium to virtually connect with their family and loved ones via video calls while also enabling them to consult with their care team virtually at any time of the day
In addition to the above services, the platform is designed to collect individual patient feedback during their care journey, enabling the care team to address concerns in real-time, improving patient satisfaction.
Lana's care platform extends beyond the four walls of the hospital and guides patients during their recovery at home. Lana's patient-focused app provides dynamic daily goals, education to help improve care plan adherence, and provides automated reminders for medications and follow-up appointments. In addition, the app enables seamless communication with care teams post-discharge creating a positive experience with the health system, reinforcing a stronger patient-provider relationship.
Health First with this partnership, aims to further improve patient satisfaction, increase health literacy through personalized patient education and in turn reduce avoidable readmissions by engaging and empowering patients during their care journey.
Upon completion of a successful pilot, the partnership will expand to deploy Lana Health enabled iPads at the bedside across all four of their hospitals creating an innovative and modern patient experience for their patients.
Health First
Founded in 1995, Health First is Central Florida's only fully integrated delivery network (IDN) and employs over 9,000 associates. In addition, it operates four hospitals: Health First's Cape Canaveral Hospital, Holmes Regional Medical Center, Palm Bay Hospital, and Viera Hospital. Health First Medical Group is the largest multi-specialty physician group on the Space Coast. Health First also offers numerous outpatient and wellness services, including Health First Aging Services, Health First Pro-Health & Fitness Center, Home Care and Hospice of Health First.
Lana Health
Lana Health is a digital health startup with the vision to create delightful and user-friendly patient experiences across the care journey, that have been severely lacking in healthcare. The company led by athenahealth alumnus Akshay Kolte, recently raised a pre-seed round of funding, backed by some formidable angel investors in health tech with the goal to achieve this vision. Lana's mission is to simplify complex care journeys, creating healthier and frictionless experiences for patients seeking care, be it in the hospital or at home. For more information, visit https://lana.health or follow us on LinkedIn.
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SOURCE Lana Health, Inc. | https://www.kxii.com/prnewswire/2022/09/08/health-first-partners-with-lana-health-improve-patient-experiences/ | 2022-09-08T18:20:05Z |
RED BANK, N.J., April 4, 2022 /PRNewswire/ -- Provention Bio, Inc. (Nasdaq: PRVB) (the "Company"), a biopharmaceutical company dedicated to intercepting and preventing immune-mediated diseases, today announced that the Company granted stock options to two new employees to purchase an aggregate of 195,000 shares of common stock. The stock options were granted without stockholder approval as inducements, material to the new employees entering into employment with the Company, pursuant to Nasdaq Listing Rule 5635(c)(4) and were approved by the Company's compensation committee of the board of directors.
The stock options were granted with a 10-year term and an exercise price equal to $7.30, the closing price per share of the Company's common stock as reported by Nasdaq on April 1, 2022. Each of the options will vest 25% on the one year anniversary of the grant date and 75% in equal monthly installments thereafter so that the grant is fully vested on the four year anniversary of the grant date, provided that the new employee continues to serve as an employee of, or other service provider to, the Company on each such vesting date. The stock options are subject to the terms of the Provention Bio, Inc. 2020 Inducement Plan.
About Provention Bio, Inc.: Provention Bio, Inc. (Nasdaq: PRVB) is a biopharmaceutical company focused on advancing the development of investigational therapies that may intercept and prevent debilitating and life-threatening immune-mediated diseases. The Biologics License Application (BLA) for teplizumab, its lead investigational drug candidate, for the delay of progression to Stage 3 clinical type 1 diabetes in at-risk individuals has been filed by the U.S. Food and Drug Administration (FDA). The Company's pipeline includes additional clinical-stage product candidates that have demonstrated in pre-clinical or clinical studies proof-of-mechanism and/or proof-of-concept in other autoimmune diseases, including celiac disease and lupus. Visit www.ProventionBio.com for more information and follow us on Twitter: @ProventionBio.
Internet Posting of Information:
Provention Bio, Inc. uses its website, www.proventionbio.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation F.D. Such disclosures will be included on the Company's website in the "News" section. Accordingly, investors should monitor this portion of the Company's website, in addition to following its press releases, SEC filings and public conference calls and webcasts.
Investor Contacts:
Robert Doody, VP of Investor Relations
rdoody@proventionbio.com
484-639-7235
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SOURCE Provention Bio, Inc. | https://www.kxii.com/prnewswire/2022/04/04/provention-bio-announces-grant-inducement-awards/ | 2022-04-05T01:25:45Z |
QUANTA SERVICES REPORTS FIRST QUARTER 2022 RESULTS
Published: May. 5, 2022 at 5:55 AM CDT|Updated: 1 hour ago
First Quarter Consolidated Revenues of $4.0 Billion* With Strong Revenue Growth in Every Segment
First Quarter GAAP Diluted EPS of $0.57 and Adjusted Diluted EPS of$1.37*
Remaining Performance Obligations of $6.8 Billion and Total Backlog of $20.5 Billion*
Company Reiterates Full-Year 2022 Financial Expectations
* = Record first quarter result
HOUSTON, May 5, 2022 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three months ended March 31, 2022. Revenues in the first quarter of 2022 were $3.97 billion compared to revenues of $2.70 billion in the first quarter of 2021, and net income attributable to common stock was $84.6 million, or $0.57 per diluted share, in the first quarter of 2022 compared to net income attributable to common stock of $89.8 million, or $0.62 per diluted share, in the first quarter of 2021. Adjusted diluted earnings per share attributable to common stock (a non-GAAP financial measure) was $1.37 for the first quarter of 2022 compared to $0.83 for the first quarter of 2021.
"Quanta delivered a strong first quarter to start the year, with significant revenue growth in each segment, record total backlog of $20.5 billion and solid and safe execution by our portfolio of companies, which produced record first quarter adjusted earnings per share (EPS)," said Duke Austin, President and Chief Executive Officer of Quanta Services. "As a result of our first quarter results and continued confidence in the diversity and strength that our portfolio of companies provides, we are reiterating our 2022 consolidated financial expectations.
"As discussed during our recent Investor Day, Quanta is successfully executing on our strategic initiatives to drive sustainable and resilient operational excellence, total cost solutions for our clients, consistent profitable growth and value for our stakeholders. We believe we are uniquely positioned to capitalize on the megatrends and opportunities to lead the energy transition and enable technological development, with initiatives such as electric vehicle charging infrastructure and undergrounding of electrical infrastructure gaining momentum. As a result, we believe Quanta has built a platform with opportunity to deliver a 10% organic adjusted EPS compound annual growth rate (CAGR) and a strategy with opportunity to deliver a +15% adjusted EPS CAGR through 2026."
Certain items impacted the first quarter of 2022 results and are reflected as adjustments in the calculation of Quanta's adjusted diluted earnings per share attributable to common stock (a non-GAAP measure). These items are described in the accompanying tables reconciling adjusted diluted earnings per share attributable to common stock to GAAP diluted earnings per share attributable to common stock. Quanta completed no acquisitions during the first three months of 2022 and ten acquisitions during the full year 2021 and the results of the acquired businesses are included in Quanta's consolidated results from the respective acquisition dates. For further information on the items that impacted comparability of 2022 and 2021, see the footnotes accompanying tables presenting Supplemental Segment Data and reconciliations of adjusted EBITDA and adjusted diluted earnings per share attributable to common stock (non-GAAP measures) to their comparable GAAP financial measures.
FULL-YEAR 2022 OUTLOOK
The long-term outlook for Quanta's business is positive. However, weather, regulatory, permitting, supply chain challenges and other factors impacting project timing, execution challenges and other factors have impacted the company's historical results, and may impact Quanta's future financial results. Additionally, the effects of the COVID-19 pandemic on various aspects of the economy have significantly impacted certain Quanta operations and various markets where Quanta operates in 2020 and 2021, and we continue to consider future uncertainty associated with the pandemic. Therefore, Quanta's financial outlook for revenues, margins and earnings reflects management's effort to align these uncertainties with the backlog the company is executing on and the opportunities expected to materialize during the remainder of 2022.
Prior to the company's conference call, management will post a summary of updated 2022 guidance expectations with additional commentary in the "News and Events" and "Financial Info" areas of the Investor Relations section of Quanta's website at http://investors.quantaservices.com.
The following forward-looking statements are based on current expectations, and actual results may differ materially. For the full year ending December 31, 2022, Quanta now expects revenues to range between $16.20 billion and $16.70 billion, net income attributable to common stock to range between $515 million and $590 million, diluted earnings per share attributable to common stock to range between $3.47 and $3.97 and adjusted diluted earnings per share attributable to common stock (a non-GAAP financial measure) to range between $6.00 and $6.50 for the full year ending December 31, 2022. Additionally, Quanta now expects EBITDA (a non-GAAP financial measure) to range between $1.45 billion and $1.56 billion, adjusted EBITDA (a non-GAAP financial measure) to range between $1.60 billion and $1.71 billion, and free cash flow (a non-GAAP financial measure) to range between $650 million and $850 million for the full year ending December 31, 2022.
NON-GAAP FINANCIAL MEASURES
The financial measures not prepared in conformity with generally accepted accounting principles in the United States (GAAP) that are utilized in this press release are provided to enable investors, analysts and management to evaluate Quanta's performance excluding the effects of certain items that management believes impact the comparability of operating results between reporting periods. In addition, management believes these measures are useful in comparing Quanta's operating results with those of its competitors. These measures should be used in addition to, and not in lieu of, financial measures prepared in conformity with GAAP.
Please see the accompanying tables for reconciliations of the following non-GAAP financial measures for Quanta's current and historical results and full-year 2022 expectations (as applicable): adjusted diluted earnings per share attributable to common stock (a non-GAAP financial measure) to diluted earnings per share attributable to common stock; adjusted net income attributable to common stock, EBITDA and adjusted EBITDA (non-GAAP financial measures) to net income attributable to common stock; free cash flow (a non-GAAP financial measure) to net cash provided by operating activities; and backlog (a non-GAAP financial measure) to remaining performance obligations.
CONFERENCE CALL INFORMATION
Quanta Services has scheduled a conference call for 9:00 a.m. Eastern Time on May 5, 2022, which will also be broadcast live over the Internet. Quanta will utilize a slide presentation to accompany its prepared remarks, which will be viewable through the webcast and will also be available in the "News and Events" and "Financial Info" areas of the Investor Relations section of Quanta's website prior to the start of the call. To participate in the call, dial 1-862-298-0702 or 1-888-437-3179 at least 10 minutes before the conference call begins and ask for the Quanta Services First Quarter Earnings Conference Call or visit the Investor Relations section of the Quanta Services website at http://investors.quantaservices.com to access the Internet broadcast. Please allow at least 15 minutes to register and download and install any necessary audio software. For those who cannot participate live, shortly following the call a digital recording will be available on the company's website and a telephonic replay will be available through May 12, 2022 by dialing 1-877-660-6853 and referencing the conference ID 13729435. For more information, please contact Kip Rupp, Vice President - Investor Relations at Quanta Services, at 713-341-7260 or investors@quantaservices.com.
QUANTA SERVICES 2022 INVESTOR DAY REPLAY
Quanta Services hosted its 2022 Investor Day in New York City on Tuesday, April 5, 2022. If you would like to watch a replay of the Investor Day or access related materials, please visit the Investor Relations section of the Quanta Services website at http://investors.quantaservices.com.
FOLLOW QUANTA IR ON SOCIAL MEDIA
Investors and others should note that while Quanta announces material financial information and makes other public disclosures of information regarding Quanta through U.S. Securities and Exchange Commission (SEC) filings, press releases and public conference calls, it also utilizes social media to communicate this information. It is possible that the information Quanta posts on social media could be deemed material. Accordingly, Quanta encourages investors, the media and others interested in our company to follow Quanta, and review the information it posts, on the social media channels listed in the Investor Relations section of the Quanta Services website.
ABOUT QUANTA SERVICES
Quanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, renewable energy, communications, pipeline, and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit www.quantaservices.com.
Cautionary Statement About Forward-Looking Statements and Information
This press release (and oral statements regarding the subject matter of this press release, including those made on the conference call and webcast announced herein) contains forward-looking statements intended to qualify for the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements relating to projected revenues, net income, earnings per share, EBITDA, margins, cash flows, liquidity, weighted average shares outstanding, capital expenditures, interest rates, tax rates and other operating results and GAAP and non-GAAP financial results; expectations regarding Quanta's business or financial outlook; expectations regarding opportunities, technological developments, competitive positioning, future economic and regulatory conditions and other trends in particular markets or industries, including with respect to Quanta's increased operations in the renewable energy market and the transition to a carbon-neutral economy; expectations regarding the COVID-19 pandemic, including the continued and potential impact of the COVID-19 pandemic and of governmental and customer responses to the pandemic on Quanta's business, operations, supply chain, personnel, financial condition, results of operations, cash flows and liquidity; expectations regarding Quanta's plans, strategies and opportunities; the potential benefits from, and future financial and operational performance of, acquired businesses and our investments, including Blattner Holding Company and its operating subsidiaries and our investments in LUMA Energy, LLC and Starry Group Holdings, Inc.; the expected outcome of pending and threatened legal proceedings; beliefs and assumptions about the collectability of receivables; the business plans or financial condition of Quanta's customers, including with respect to the COVID-19 pandemic and transitioning to a carbon-neutral economy; the potential impact of commodity prices and production volumes on Quanta's business, financial condition, results of operations, cash flows and demand for Quanta's services; expected recognition and realization of remaining performance obligations and backlog; the future demand for, availability of and costs related to labor resources in the industries Quanta serves; future capital allocation initiatives, including the amount and timing of, and strategies with respect to, any future acquisitions, investments, stock repurchases or cash dividends; the ability to deliver increased value or return capital to stockholders; the expected value of contracts or intended contracts with customers, as well as the scope, services, term or results of any awarded or expected projects; the development of and opportunities with respect to future projects, including renewable energy projects and other projects designed to support transition to a carbon-neutral economy, electrical grid modernization, upgrade and hardening projects, and larger transmission and pipeline projects; expectations regarding the future availability and price of materials and equipment necessary for the performance of our business; the expected impact of inflation; the expected impact of changes or potential changes to climate; the impact of existing or potential legislation or regulation; potential opportunities that may be indicated by bidding activity or discussions with customers; expectations regarding our ability to reduce our debt and maintain our current credit ratings; and possible recovery of pending or contemplated insurance claims, change orders and claims asserted against customers or third parties; as well as statements reflecting expectations, intentions, assumptions or beliefs about future events, and other statements that do not relate strictly to historical or current facts. These forward-looking statements are not guarantees of future performance, involve or rely on a number of risks, uncertainties, and assumptions that are difficult to predict or are beyond our control, and reflect management's beliefs and assumptions based on information available at the time the statements are made. We caution you that actual outcomes and results may differ materially from what is expressed, implied or forecasted by our forward-looking statements and that any or all of our forward-looking statements may turn out to be inaccurate or incorrect. Forward-looking statements can be affected by inaccurate assumptions and by known or unknown risks and uncertainties including, among others, market, industry, economic, financial or political conditions that are outside of the control of Quanta, including as a result of, among other things, geopolitical conflicts, political unrest or inflation; quarterly variations in operating and financial results, liquidity, financial condition, cash flows, capital requirements and reinvestment opportunities, including the ongoing and potential impact to Quanta's business, operations, workforce and supply chains of the COVID-19 pandemic and governmental responses thereto; the severity, magnitude and duration of the COVID-19 pandemic, including impacts of the pandemic and business and governmental responses thereto on Quanta's operations, personnel and supply chains and on commercial activity and demand across Quanta's business and its customers' businesses, as well as Quanta's inability to predict the extent to which the COVID-19 pandemic will adversely impact its business, financial performance, results of operations, financial position, liquidity, cash flows, the prices of its securities and achievement of its strategic objectives; trends and growth opportunities in relevant markets, including Quanta's ability to obtain future project awards; delays, deferrals, reductions in scope or cancellations of anticipated, pending or existing projects as a result of, among other things, the COVID-19 pandemic, supply chain disruptions and other logistical challenges, weather, regulatory or permitting issues, environmental processes, project performance issues, claimed force majeure events, protests or other political activity, legal challenges, reductions or eliminations in governmental funding, or customer capital constraints; the effect of commodity prices and production volumes on Quanta's operations and growth opportunities and on customer capital programs and demand for Quanta's services; the successful negotiation, execution, performance and completion of anticipated, pending and existing contracts; events arising from operational hazards, including, among others, wildfires and explosions, that can arise due to the nature of Quanta's services and the conditions in which Quanta operates and can be due to the failure of infrastructure on which we have performed services and result in significant liabilities that may be exacerbated in certain geographies and locations; unexpected costs, liabilities, fines or penalties that may arise from legal proceedings, indemnity obligations, reimbursement obligations associated with letters of credit or bonds, multiemployer pension plans (e.g., underfunding of liabilities, termination or withdrawal liability) or other claims or actions asserted against Quanta, including amounts not covered by, or in excess of the coverage under, third-party insurance; the outcome of pending or threatened legal proceedings; potential unavailability or cancellation of third-party insurance coverage, as well as the exclusion of coverage for certain losses, potential increases in premiums for coverage deemed beneficial to Quanta, or the unavailability of coverage deemed beneficial to Quanta at reasonable and competitive rates (e.g., coverage for wildfire events); damage to Quanta's brand or reputation arising as a result of cyber-security breaches, environmental and occupational health and safety matters, corporate scandal, failure to successfully perform or negative publicity regarding a high-profile project, involvement in a catastrophic event (e.g., fire, explosion) or other negative incidents; disruptions in, or failure to adequately protect, Quanta's information technology systems; Quanta's dependence on suppliers, subcontractors, equipment manufacturers and other third-parties, and the impact of the COVID-19 pandemic on these service providers; Quanta's ability to attract, the potential shortage of and increased costs with respect to skilled labor, as well as Quanta's inability to retain or attract key personnel and qualified employees; Quanta's dependence on fixed price contracts and the potential to incur losses with respect to these contracts, including as a result of inaccurate estimates of project costs or inability to meet project schedule requirements or achieve guaranteed performance or quality standards for a project; estimates and assumptions relating to financial results, remaining performance obligations and backlog; inability to successfully complete remaining performance obligations or realize backlog; adverse weather conditions, natural disasters and other emergencies, including wildfires, pandemics (including the ongoing COVID-19 pandemic), hurricanes, tropical storms, floods, debris flows, earthquakes and other geological- and weather-related hazards; the impact of climate change; Quanta's ability to generate internal growth; competition in Quanta's business, including the ability to effectively compete for new projects and market share; the future development of natural resources; the failure of existing or potential legislative actions and initiatives to result in demand for Quanta's services; unavailability of, or increased prices for, materials, equipment and fuel used in Quanta's or its customers' businesses, including as a result of inflation, supply chain disruptions, governmental regulations on sourcing, the imposition of tariffs, duties, taxes or other assessments, and other changes in U.S. trade relationships with foreign countries; cancellation provisions within contracts and the risk that contracts expire and are not renewed or are replaced on less favorable terms; loss of customers with whom Quanta has long-standing or significant relationships; the potential that participation in joint ventures or similar structures exposes Quanta to liability or harm to its reputation as a result of acts or omissions by partners; Quanta's inability or failure to comply with the terms of its contracts, which may result in additional costs, unexcused delays, warranty claims, failure to meet performance guarantees, damages or contract terminations; the inability or refusal of customers or third-party contractors to pay for services, which could be attributable to, among other things, the COVID-19 pandemic or current challenged energy market, and which could result in the inability to collect our outstanding receivables, failure to recover amounts billed to, or avoidance of certain payments received from, customers in bankruptcy or failure to recover on change orders or contract claims; technological advancements and other market developments that could reduce the demand for Quanta's services; budgetary or other constraints that may reduce or eliminate tax incentives or government funding for projects, including renewable energy projects, which may result in project delays or cancellations; risks associated with operating in international markets and U.S. territories, including instability of governments, currency exchange fluctuations, and compliance with unfamiliar legal and labor systems and business practices, the U.S. Foreign Corrupt Practices Act and other applicable anti-bribery and anti-corruption laws, complex tax regulations and international treaties; inability to successfully identify, complete, integrate and realize synergies from acquisitions or retain key personnel from acquired businesses, including Blattner; the potential adverse impact of acquisitions and investments, including the potential increase in risks already existing in Quanta's operations, poor performance or decline in value of acquired businesses or investments and unexpected costs or liabilities that may arise from acquisitions or investments; the adverse impact of impairments of goodwill, other intangible assets, receivables, long-lived assets or investments; difficulties arising from Quanta's decentralized management structure; the impact of the unionized portion of Quanta's workforce on its operations, including labor stoppages or interruptions due to strikes or lockouts; inability to access sufficient funding to finance desired growth and operations, including the ability to access capital markets on favorable terms, as well as fluctuations in the price and trading volume of Quanta's common stock, debt covenant compliance, interest rate fluctuations, a downgrade in our credit ratings and other factors affecting financing and investing activities; the ability to obtain bonds, letters of credit and other project security; significant fluctuations in foreign currency exchange rates; new or changed tax laws, treaties or regulations; inability to realize deferred tax assets; and other risks and uncertainties detailed in Quanta's Annual Report on Form 10-K for the year ended December 31, 2021 and Quanta's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 (when filed) and any other documents that Quanta files with the SEC. For a discussion of these risks, uncertainties and assumptions, investors are urged to refer to Quanta's documents filed with the SEC that are available through Quanta's website at www.quantaservices.com or through the SEC's Electronic Data Gathering and Analysis Retrieval System (EDGAR) at www.sec.gov. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Quanta does not undertake and expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Quanta further expressly disclaims any written or oral statements made by any third party regarding the subject matter of this press release.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/05/05/quanta-services-reports-first-quarter-2022-results/ | 2022-05-05T12:12:50Z |
Remains of 15 veterans found in storage of coroner’s office
HEMPFIELD TOWNSHIP, Pa. (WTAE) - When a new Pennsylvania coroner took office in January, he was surprised to find 57 unclaimed sets of remains in storage at his office.
After doing some research, he found that 15 of those belonged to U.S. veterans. Now those veterans will be getting the full military honors they deserve.
Tim Carson said it started with a conversation with other coroners in the state over what to do with boxes he found in the Westmoreland County Coroner’s Office that contained the remains of 57 people that have gone unclaimed for years, some dating back to 1993.
They knew who they were, but no family members had ever come forward.
After a few conversations, Carson said he reached out to a veteran’s group in Arizona to do some research.
“It was determined that we have 15 United States veterans in our possession here at the forensic center,” Carson said.
Upon learning that, Carson said his approach shifted.
“I definitely feel that it’s, you know, disgrace to all our veterans who served and, and that to, you know, for them to be just in a, in a room, in a box on a floor,” he said.
Carson said a company has also volunteered concrete, and he’s looking for volunteers to build a mausoleum at the cemetery near the Westmoreland County Jail to create a final resting place for the other unclaimed remains.
Meanwhile, those 15 veterans are now set to receive full military honors for the service scheduled for July.
“Vietnam vets, World War II. I think it’s very important. And I think ... I just know how the people in Westmoreland County are, and they take care of their veterans. And I just think that this will be a good, you know, good closure,” Carson said.
The veterans will be buried with full military honors at the National Cemetery of the Alleghenies on July 15.
Copyright 2022 WTAE via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/05/26/remains-15-veterans-found-storage-coroners-office/ | 2022-05-26T14:07:07Z |
Zenlabs' large format lithium-ion electric aviation battery cells offer a unique combination of high specific energy, high power, and rapid charging for the electric aviation market.
FREMONT, Calif., April 12, 2022 /PRNewswire/ -- Zenlabs Energy, an advanced lithium-ion battery company, announced today that Energy Assurance, an independent third-party test laboratory, has validated the high specific energy and high power of Zenlabs' new large-format pouch cells for the electric aviation market.
Energy Assurance tested Zenlabs' 32 ampere hour (Ah) capacity pouch cells and confirmed a high specific energy of ~327.5 watt hours per kilogram (Wh/kg) and a high-power rating of greater than 3,000 watts per kilogram (W/kg) using 12C rate (~394 A), 30 sec pulses at 30° Celsius.
Although cycle life testing at Energy Assurance is ongoing, Zenlabs' internal test data has demonstrated greater than 700 cycles for this cell configuration when measured at 1C (one hour) charge/discharge rates. Previously, Idaho National Laboratory (INL) validated over 1,000 dynamic stress test (DST) cycles and rapid charging in Zenlabs' 315 Wh/Kg electric vehicle cells, which were developed in a program with the United States Advanced Battery Consortium (USABC).
"The high specific energy, high power and rapid charging capabilities of Zenlabs' battery cells make them uniquely suited for the electric aviation market, which requires each of these capabilities to extend flight times, power take-offs and landings, and enable different flight use cases. Accordingly, we believe that our proprietary pre-lithiated silicon anode and high-performance battery cells will be a real game changer for the electric aviation market," says Zenlabs founder & CEO, Dr. Sujeet Kumar
Energy Assurance is an independent battery laboratory with certifications from ANAB, Underwriters Laboratories, IECEE, SGS and TÜV SÜD America.
The Energy Assurance test report on Zenlabs' 32 Ah lithium-ion pouch cells is available on our website: www.zenlabsinc.com/news.
Zenlabs Energy, which is headquartered in Fremont, California, is a leading developer of high-energy, high-power, fast-charging lithium-ion cells for electric aviation and electric vehicle applications. To learn more about our technology and obtain the Energy Assurance or INL test reports, please visit www.zenlabsinc.com.
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SOURCE Zenlabs Energy Inc. | https://www.mysuncoast.com/prnewswire/2022/04/12/third-party-lab-confirms-high-specific-energy-high-power-zenlabs-new-large-format-electric-aviation-battery-cells/ | 2022-04-12T19:19:59Z |
NEW YORK, April 17, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Volta Inc. f/k/a Tortoise Acquisition Corp. II (NYSE: VLTA, VLTA-WT, SNPR) between August 2, 2021 and March 28, 2022, inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2022.
SO WHAT: If you purchased Volta securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Volta class action, go to https://rosenlegal.com/submit-form/?case_id=4819 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Volta had improperly accounted for restricted stock units issued in connection with the Business Combination; (2) Volta had understated its net loss for third quarter 2021; (3) there were material weaknesses in Volta's internal control over financial reporting that resulted in a material error; (4) as a result of the foregoing, Volta would restate its financial statements; (5) Legacy Volta's founders would imminently exit the Company; (6) Volta's financial results would be adversely impacted; and (7) as a result of the foregoing, defendants' positive statements about Volta's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Volta class action, go to https://rosenlegal.com/submit-form/?case_id=4819 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/04/17/rosen-skilled-investor-counsel-encourages-volta-inc-fka-tortoise-acquisition-corp-ii-investors-with-losses-over-100k-secure-counsel-before-important-deadline-securities-class-action-vlta-vlta-wt-snpr/ | 2022-04-17T23:11:46Z |
NEW YORK, July 14, 2022 /PRNewswire/ -- Stagwell, the challenger network built to transform marketing, today shared that Moody's Investors Service (Moody's) has upgraded the company's corporate family rating to B1 from B2. Additionally, Moody's upgraded the profitability of default rating to B1-PD from B2-PD, senior unsecured notes rating to B2 from B3, and speculative grade liquidity rating to SGL-2 from SGL-3. Given the upgrade, the outlook was also changed to stable from positive.
In a release from Moody's, Peter Adu, Moody's Vice President and Senior Credit Officer commented on this upgrade saying that, "The upgrade reflects the company's good operating momentum post-merger and its focus on deleveraging."
The full release from Moody's can be found here.
"This week's upgrade is a positive development for Stagwell, reflecting the financial and operational transformation our corporate leaders have steered as we near the one-year anniversary of Stagwell's formation," said Mark Penn, Chairman and CEO, Stagwell.
Stagwell will report financial results for the three months ended June 30, 2022, on Thursday, August 4, before market open. Register for the earnings webcast at 8:30 AM E.T. the same day.
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world's most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 12,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
Press:
Beth Sidhu
pr@stagwellglobal.com
(202) 423-4414
Investors:
Michaela Pewarski
ir@stagwellglobal.com
(646) 429-1812
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SOURCE Stagwell Inc. | https://www.mysuncoast.com/prnewswire/2022/07/14/stagwell-stgw-corporate-family-rating-upgraded-by-moodys-outlook-is-stable-amid-good-operating-momentum/ | 2022-07-14T16:54:18Z |
Grant Expands Food Pantry Program and Supports Family Members of Service Members Deployed to Europe Due to Russia-Ukraine Conflict
TYSONS, Va., July 29, 2022 /PRNewswire/ -- The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, furthered its commitment to military heroes with a $50,000 grant to support the Armed Services YMCA (ASYMCA) to mitigate food insecurities among families of junior enlisted service members serving at Fort Bragg. ASYMCA Fort Bragg will now be able to expand the food pantry program to include a mobile pantry and transition into a larger building to serve more military families.
"Food insecurity affects our military families. We are determined to support our men and women in uniform and their families by improving access to initiatives like ASYMCA Fort Bragg Food Pantry Program. A partnership between PenFed Foundation and ASYMCA Fort Bragg has established food pantries on site," said PenFed Credit Union Senior EVP and President of PenFed Foundation Shashi Vohra. "No Soldier, Airman, Sailor, or Marine should struggle to feed their family."
"The PenFed Foundation is proud to support the ASYMCA Fort Bragg food pantry expansion renovation project and mobile ASYMCA/PenFed mobile food truck. We thank ASYMCA Fort Bragg for their tremendous impact on the service members, veterans, and their families," said retired U.S. Army Command Sgt. Maj. and PenFed Foundation Outreach Director David Clark. "On behalf of the PenFed Foundation and the many service members, veterans, and families you support, thank you for making a positive difference."
PenFed Foundation and ASYMCA Fort Bragg will be renovating a vacated 20th Engineer Brigade dining facility to expand crucial support to junior enlisted service members and their families. Renovations to the building will include refrigeration renovation, floor repair or replacement and the addition of stock shelving and storage facilities.
"We are honored by The PenFed Foundation's support of our Fort Bragg Food Pantry," said Executive Director of ASYMCA Fort Bragg Jeremy Hester. "This grant will enable us to expand and serve more military families."
The new location will increase the food pantry space from 800 square feet to 2,000 square feet. The dining facility also has a loading dock which will be beneficial for receiving large donations.
About PenFed Foundation
Founded in 2001, the PenFed Foundation is a national nonprofit organization committed to empowering military service members, veterans and their communities with the skills and resources to realize financial stability and opportunity. It provides service members, veterans, their families and support networks with the skills and resources they need to improve their lives through programs on financial education, homeownership, veteran entrepreneurship, and short-term assistance. Affiliated with PenFed Credit Union, the Foundation has the resources to effectively reach military communities across the nation, build strong partnerships, and engage a dedicated corps of volunteers in its mission. The credit union funds the Foundation's personnel and most operational costs, demonstrating its strong commitment to the programs the Foundation provides. Equal Housing Opportunity. To learn more, visit www.penfedfoundation.org.
About ASYMCA Fort Bragg, NC
As the only authorized food assistance program on the installation, the Armed Services YMCA Fort Bragg Food Pantry offers military families and area veterans' access to nutritious food options and necessities at no cost to combat economic, health and readiness stress. ASYMCA is proud to provide our nation's young military personnel, both single and married, and their families, quality programs that will assist in building Soldier careers and strong families. ASYMCA aids 62,500 active-duty Soldiers, 76,486 family members and 94, 939 retired Army, Air Force, Navy and Marines either stationed or living within the vicinity of Ft. Bragg, NC and surrounding counties in North Carolina. To learn more, visit www.asymca.org/fort-bragg-home
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SOURCE PenFed Foundation | https://www.wibw.com/prnewswire/2022/07/29/penfed-foundation-combats-food-insecurity-among-military-families-with-50000-grant-support-armed-services-ymca/ | 2022-07-29T22:34:47Z |
Taliban say deal signed with UAE firm to manage airports
By RAHIM FAIEZ
Associated Press
ISLAMABAD (AP) — The Taliban say they’ve signed a deal allowing an Emirati company to manage three airports in Afghanistan after the fall of the country’s U.S.-backed government. However, the United Arab Emirates didn’t immediately acknowledge the deal on Tuesday. The Taliban announced that under the deal, the Abu Dhabi-based firm GAAC Solutions would manage the airports in Herat, Kabul and Kandahar. They held a news conference in Kabul in which they signed the deal with an individual they identified as a managing director for GAAC. However, that firm and other officials in the UAE did not acknowledge the deal and did not immediately respond to requests for comment. | https://localnews8.com/news/ap-national-business/2022/05/24/taliban-say-deal-signed-with-uae-firm-to-manage-airports/ | 2022-05-24T15:41:47Z |
FlexPods will Revolutionize Energy Storage for Commercial and Industrial Companies
DURHAM, N.C., Aug. 8, 2022 /PRNewswire/ -- FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading energy storage solution and software technology provider, has launched FlexPod to revolutionize the energy storage solutions for distributed and behind-the-meter battery energy storage applications. The FlexPod suite of products has developed in a suite of standard sizes to meet a broad range of project requirements, are fully containerized, modular, and scalable. All of FlexGen's FlexPods include batteries, power conversion electronics, thermal management and fire suppression. Each FlexPod is enabled with the most intelligent energy management software in the industry, HybridOS, to enable advanced functionality, simplicity in operation, and adaptability over time.
"Commercial and Industrial businesses need scaleable, flexible energy solutions now more than ever. This is a sector that is bearing the brunt of energy inflation and the high costs of fossil fuels right now. With FlexPod, we are enabling all energy consumers to realize the benefits of advanced energy storage," said Kelcy Pegler, CEO of FlexGen. "We're committed to delivering solutions that allow our customers to meet the full-range of operational and commercial demands today, while anticipating the needs of tomorrow. HybridOS is the key to meeting those needs by enabling energy storage to be adaptable, flexible, and intelligent."
Optimized Performance
- Advanced capability to manage power quality.
- Seamless integration with solar generation "out of the box".
- Advanced microgrid functionality.
- Integration with EV charging infrastructure.
Optimized Assets
- Fully containerized for ease of site integration and construction
- Ability to evolve over time to changing requirements to ensure your energy system evolves with you as your needs evolve
- Unlock resilience and superior economics of EV charging infrastructure by managing your most critical input to EV charging infrastructure - electricity
- Unlock opportunities to participate in power markets, demand response programs, and interruptible rates to monetize your energy infrastructure
FlexPod technology is built on over a decade of experience providing the most advanced energy storage systems for the Investor Owned Utilities, public utilities, independent power producers, and the US Government. With FlexPod, we are democratizing advanced technology previously available only to large energy and electric providers.
Based in Durham, N.C., FlexGen is a leading integration services and software technology provider for energy storage solutions in the United States and globally. FlexGen designs and integrates storage solutions and the software platform that is enabling today's energy transition. Leveraging its best-in-class energy management software and power electronics, FlexGen delivers utility-scale storage projects integrated with traditional and renewable power generation globally. Our clients and partners include the most technically and commercially demanding developers, utilities, government agencies and industrial companies in the world. To learn more, please visit www.flexgen.com.
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SOURCE FlexGen | https://www.kxii.com/prnewswire/2022/08/08/flexgen-announces-flexpod-modular-amp-scalable-commercial-industrial-battery-solution/ | 2022-08-08T17:09:38Z |
CHARLES TOWN, W.Va., June 29, 2022 /PRNewswire/ -- American Public University System (APUS) today announced that U.S. Marine Corps Lieutenant General Lori E. Reynolds (retired) has been appointed to its Board of Trustees. An experienced strategic leader with a demonstrated history of leading organizational change, Reynolds was the most senior woman in the Marine Corps for over eight years; she now serves as CEO of LEReynolds Group, a consulting firm founded in September 2021, and Chair of the Board Emeritus at Sea Services Leadership Association.
"We're excited to welcome Lieutenant General Reynolds to the APUS Board. Her extensive experience will help us continue to strengthen our ability to deliver accessible and affordable online higher education to adult learners of all backgrounds, including military and veteran students," said Frank Ball, APUS Board of Trustee Chairman.
As Deputy Commandant of the Marine Corps for Information and Commander of Marine Corps Forces Strategic command, Reynolds developed, led and managed the Marine Corps' $12 billion global information portfolio spanning intelligence, IT, networking, cybersecurity, and space. During her 35-year career, Reynolds led Marines at every level of command, and served in Iraq and Afghanistan.
"I am honored to join APUS at such an exciting time when the University is playing a significantly increased role enabling service-minded students to become tomorrow's leaders," said Reynolds. "I'm excited to help future APUS students achieve their educational goals."
Reynolds – only the third woman to earn the rank of Lieutenant General in the Marine Corps –has significant experience in strategic planning, process improvement, leading transformation, solving complex strategic problems and challenging organizations to maximize outcomes through diversity, equity and inclusion. A Baltimore native, she has served in numerous high-impact positions globally over the past three decades.
From 2011 to 2014, Reynolds commanded all Marine Corps recruiting and recruit training operations for the eastern half of the United States when she was Commanding General at Marine Corps Recruit Depot, Parris Island, S.C. In that role, she was responsible for recruiting and training 20,000 new Marines annually.
Four years later, she assumed command of Marine Corps Cyberspace Command at Fort Meade, Maryland. Three years afterward, she was promoted to lieutenant general, and served at that rank until summer 2021.
Reynolds holds two master's degrees in National Security Policy Studies, from the U.S. Naval War College, and the U.S. Army War College. Reynolds earned her commission and a Bachelor's Degree in Political Science from the U.S. Naval Academy.
About American Public University System
American Public University System (APUS) delivers accessible and affordable online higher education to adult learners of all backgrounds. APUS, a five-time recipient of Online Learning Consortium's (OLC) Effective Practice Award, offers more than 200 online degree and certificate programs through American Public University as well as American Military University, the #1 provider of higher education to the U.S. military and veterans*. With over 116,000 alumni worldwide, APUS is accredited by the Higher Learning Commission (HLC). It is a wholly owned subsidiary of American Public Education, Inc. (Nasdaq: APEI). For more information, visit www.apus.edu.
*Based on FY 2019 Department of Defense tuition assistance and Veterans Administration student enrollment data, as reported by Military Times, 2020.
CONTACT
Frank Tutalo
Director of Public Relations
FTutalo@apei.com
571-358-3042
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SOURCE American Public University System | https://www.wibw.com/prnewswire/2022/06/29/american-public-university-system-appoints-us-marine-corps-lieutenant-general-lori-reynolds-retired-board-trustees/ | 2022-06-29T18:07:57Z |
PITTSBURGH, Aug. 29, 2022 /PRNewswire/ -- "I wanted to create a safe and simple kit for children or adults to decorate their own face mask," said an inventor, from Lincolnwood, Ill., "so I invented the JUJUBEE COLORING MASK. My design offers a non-sewing way to customize your mask and get a personalized look during the COVID-19 pandemic."
The invention provides a simple and easy way to customize your own protective face mask. In doing so, it offers an alternative to wearing traditional face mask options. As a result, it could enhance personal style and comfort and it provides protection and peace of mind during the current pandemic. The invention features a decorative design that is easy to use and wear so it is ideal for children and adults, especially artists and craft enthusiasts. Additionally, it is producible in design variations.
The original design was submitted to the Chicago sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CHK-227, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/08/29/inventhelp-inventor-develops-custom-face-mask-kit-chk-227/ | 2022-08-29T17:31:07Z |
Friday forecast: Hot today, cooler this weekend
Highest storm chance, Saturday night
TOPEKA, Kan. (WIBW) - The big weather story will be the heat for the next 8 days with low chances for rain. The only uncertainty is whether or not a particular area will be more in the mid-upper 90s or stay in the low-mid 90s.
The uncertainty on how hot it will be will be due to cloud cover lingering longer than expected on the rain chances some areas could receive for the next several nights. There are also some indications of some cooler air on a few days that could also lead to slightly cooler days.
Humidity wise, it’s not looking to get too out of control for the next several days but it is expected to increase. Heat indices in general will range from 96-107.
Today: Monitoring a few showers near the Nebraska border this morning otherwise sunny. Highs in the mid-upper 90s. Winds S 5-15, gusts up to 20 mph.
Tonight: Increasing clouds. Slight chance of showers/storms after midnight. Lows in the mid 70s. Winds S 5-10 mph.
Tomorrow: Decreasing Clouds. Highs in the mid-upper 90s. Winds S 10-20, gusts up to 25 mph.
Will keep a low chance of rain Friday night but confidence is low on anything developing during this time. Despite more clouds expected Saturday, it’ll mainly be dry with highs in the mid 90s. The best chance for rain may be Saturday night with one model indicating the rain continuing through the day Sunday. Will keep Sunday dry for now with mostly sunny skies but it will be something to monitor.
The ‘unsettled weather pattern’ of low chances for rain that some areas could receive through the weekend shuts down for much of next work week with highs in the 90s and 100s. Monday and/or Wednesday may end up being the ‘coolest’ days of the week so if you want to make any plans where there will be a slight break in the extreme heat that’ll be the day.
Taking Action:
- Stay cool by limiting outdoor exposure and hydrating with plenty of water. Additional heat safety tips here.
- Rain chances will be slim the next several days and will mainly fall at night for those that are going to be lucky enough to receive anything. With any storms that do develop in the next couple days, lightning and locally heavy rain will be the hazards.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/15/friday-forecast-hot-today-cooler-this-weekend/ | 2022-07-15T08:57:54Z |
How to add storage options to your truck bed
Finding the right truck-bed storage option sometimes is not as straightforward a task as it may seem. This is because everyone has their own individual needs. For example, some people may want to carry work tools but maintain truck-bed space. Others may want to make their truck bed into a portable tool or storage box. Others may wish to use storage options for grocery shopping or even for family trips.
What is truck bed storage?
Truck bed storage means a secure, practical and managed solution to storing your work or personal gear in your truck bed or cab. So when you turn up at your job site, your equipment is organized to help you tackle the task at hand effectively and efficiently.
Effective truck bed storage can make a large grocery shopping excursion easier, help with moving DIY-project equipment or organize packing for days out with the family by giving you the ability to store the things you need in a secure and dry place. You can tailor truck bed storage to your own needs.
Top 5 best truck bed storage ideas
Storage boxes
If you want to keep your pick-up storage bed mostly clear but maintain the ability to store work tools, a pick-up storage box is a good option. Typically, storage boxes are made from aluminum or plastic and have fold-up doors to ensure you have full access to the box. A critical feature every good storage box should have is a built-in lock to ensure your tools are safe and secure. This box style is perfect for users who want to save space for storage, and any good box generally has an overhanging to keep weather and water out.
Sold by Amazon
Swing cases
A swing case is a great place to store work or vehicle tools and sports gear. The swing case is compatible with most truck-bed covers and is relatively simple to install, which makes it an excellent option for people looking for accessible cargo solutions.
The swing case swings in and out of position, making it accessible, while the design makes it removable and portable.
Storage drawers
Storage drawers are great solutions to storing hardware of any kind in a safe, secure and dry environment. Designs typically have a functional and durable drawer solution that is kitted out to separate and secure tools so your storage bed becomes a work platform.
Sold by Amazon
This means you can separate and organize tools. The variation in sizes means you can find the right one for you in terms of how much space you want.
Storage nets
If you use your storage bay to collect groceries and want a detachable storage option, opt for a truck bed cargo net. You can use storage nets in the truck bed storage area to help you organize and store groceries so they are not smashed on your drive home.
Storage bags
Truck bed storage bags are the most multifunctional storage options. They typically are designed to be lightweight and can store either heavy or light goods. Most good models are designed to be waterproof. They typically come with functions that enable them to be sealed and secured onto the truck bed area and generally are universal across all truck models.
What you need to buy for truck bed storage
ARKSEN 36-Inch Aluminium Tool Box
This storage box can be attached to your truck bed storage area. This box is secure and comes with its own lock and key. It is very easy to attach onto almost any type of truck bed.
Sold by Amazon
UnderCover SwingCase Truck Bed Storage Box
This swing case is perfect for storing work tools and can also be detached easily at weekends or whenever you need more space in your truck bed storage area. What’s more, it’s versatile and extremely lightweight and comes with a release lever.
Sold by Amazon
Decked Ram Pickup Truck Storage System
This set of storage drawers are safe and secure and keep your tools dry. The model is cost effective and very easy to install and remove.
Sold by Amazon and Home Depot
MICTUNING 3-Pocket Trunk Cargo Organizer Storage Net
This is an extremely cost-effective solution for people looking to store their groceries safely during shopping trips. You also can use this model to store sports equipment.
Sold by Amazon
MAXXHAUL 50130 Heavy-Duty Water-Resistant Truck Bag
This truck bag comes with webbing to secure contents. It is easily removable from the storage bed. This weatherproof bag and extendable size means you can store almost anything safely.
Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/automotive-br/car-care-br/best-truck-bed-storage-ideas/ | 2022-06-06T08:48:26Z |
Russia aims new air strikes at Black Sea coastal targets
KYIV, Ukraine (AP) - Russia targeted Ukraine’s Black Sea regions of Odesa and Mykolaiv with air strikes Tuesday, hitting private buildings and port infrastructure along the country’s southern coast, the Ukrainian military said.
The Kremlin’s forces used air-launched missiles in the attack, Ukraine’s Operational Command South said in a Facebook post.
In the Odesa region, a number of private buildings in villages on the coast were hit and caught fire, the report said. In the Mykolaiv region, port infrastructure was targeted.
Hours after the renewed strikes on the south, a Moscow-installed official in the southern Kherson region said the Odesa and Mykolaiv regions will soon be “liberated” by the Russian forces, just like the Kherson region further east.
“The Kherson region and the city of Kherson have been liberated forever,” Kirill Stremousov was quoted as saying by Russian state news agency RIA Novosti.
The developments came as Ukraine appeared to be preparing a counteroffensive in the south.
Russia previously attacked Odesa’s port at the weekend. The British military said Tuesday there was no indication that a Ukrainian warship and a stockpile of anti-ship missiles were at the site, as Moscow claimed.
The British Defense Ministry said Russia sees Ukraine’s use of anti-ship missiles as “a key threat” that is limiting its Black Sea Fleet.
“This has significantly undermined the overall invasion plan, as Russia cannot realistically attempt an amphibious assault to seize Odesa,” the military said. “Russia will continue to prioritize efforts to degrade and destroy Ukraine’s anti-ship capability.”
It added that “Russia’s targeting processes are highly likely routinely undermined by dated intelligence, poor planning, and a top-down approach to operations.”
Russian shelling over the previous 24 hours killed at least three civilians and wounded eight more in Ukraine, the president’s office said Tuesday.
In the eastern Donetsk region, where the fighting has been focused in recent weeks, the shelling continued along the entire front line, with the largest cities of the region, including Bakhmut, Avdiivka and Toretsk, being targeted by the Russian forces, a statement said.
Donetsk regional governor Pavlo Kyrylenko accused Russian troops of using cluster munitions and repeated his call for civilians to evacuate.
“There is not a single safe place left, everything is being shelled,” Kyrylenko said in televised remarks. “But there are still evacuation routes for the civilian population.”
The Institute for the Study of War, based in Washington, D.C., reported that the Russians are using mercenaries from the shadowy Wagner Group to capture the Vuhledar Power Plant on the northern outskirts of the Novoluhanske village.
But the Russian forces have made “limited gains” there, according to Ukraine’s General Staff.
The main Russian focus has been on capturing Bakhmut.
“Russian forces made marginal gains south of Bakhmut but are unlikely to be able to effectively leverage these advances to take full control of Bakhmut itself,” the Institute for the Study of War said.
Russian forces continued to launch strikes on civilian infrastructure in Kharkiv, Ukraine’s second largest city in the northeast, and the surrounding region.
Kharkiv governor Oleh Syniehubov said the strikes on the city resumed around dawn Tuesday, damaging a car dealership.
“The Russians deliberately target civilian infrastructure objects — hospitals, schools, movie theaters,” Syniehubov told Ukrainian television. “Everything is being fired at, even queues for humanitarian aid, so we’re urging people to avoid mass gatherings.”
German Foreign Minister Annalena Baerbock said that Moscow wants “the complete subjugation of Ukraine and its people.”
“We must be prepared for this war — which Russia is conducting with absolute brutality, and is conducting in a way that no one else would — to last months,” Baerbock said during a visit to Prague.
___
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.wibw.com/2022/07/26/russia-aims-new-air-strikes-black-sea-coastal-targets/ | 2022-07-26T10:25:20Z |
- A closed-end fund that invests in global equities using a disciplined value approach
- Average weekly trading volume of approximately 75,341 shares
- Fund's adviser has more than 40 years of small- and micro-cap investment experience
NEW YORK , June 28, 2022 /PRNewswire/ --
*Not Annualized
Important Performance and Expense Information
All performance information reflects past performance, is presented on a total return basis, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. Returns as of the most recent month-end may be obtained at www.royceinvest.com. The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold.
The Fund invests primarily in securities of small-cap and mid-cap companies, which may involve considerably more risk than investing in larger-cap companies. The Fund's broadly diversified portfolio does not ensure a profit or guarantee against loss. From time to time, the Fund may invest a significant portion of its net assets in foreign securities, which may involve political, economic, currency and other risks not encountered in U.S. investments.
1Geometric Average: This weighted calculation uses each portfolio holding's market cap in a way designed to not skew the effect of very large or small holdings; instead, it aims to better identify the portfolio's center, which Royce believes offers a more accurate measure of average market cap than a simple mean or median.
2Harmonic Average: This weighted calculation evaluates a portfolio as if it were a single stock and measures it overall. It compares the total market value of the portfolio to the portfolio's share in the earnings of its underlying stocks.
The Price-Earnings, or P/E, ratio is calculated by dividing a company's share price by its trailing 12-month earnings-per-share (EPS). The Fund's P/E ratio calculation excludes companies with zero or negative earnings (17% of portfolio holdings as of 05/31/22). The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
Net leverage is the percentage, in excess of 100 %, of the total value of equity type investments, divided by net assets.
Portfolio Composition
Recent Developments
The investment goal of Royce Global Value Trust is long-term growth of capital. Under normal market circumstances, the Fund will invest at least 80% of its net assets in equity securities, such as common stock and preferred stock, and at least 65% of its net assets in the equity securities of companies located in at least three countries outside of the United States. Royce & Associates, LP manages the Fund.
Daily net asset values (NAVs) for Royce Global Value Trust are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XRGTX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.royceinvest.com.
An investor in Royce Global Value Trust should consider the Fund's investment goals, risks, fees, charges, and expenses carefully before purchasing share's of the Fund's common stock.
Important Disclosure Information
Closed-End Funds are registered investment companies whose shares of common stock may trade at a discount to their net asset value. Shares of each Fund's common stock are also subject to the market risks of investing in the underlying portfolio securities held by the Fund. Royce Fund Services, LLC. ("RFS") is a member of FINRA and has filed this material with FINRA on behalf of each Fund. RFS does not serve as a distributor or as an underwriter to the closed-end funds.
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SOURCE Royce Global Value Trust | https://www.kxii.com/prnewswire/2022/06/28/royce-global-value-trust-nyse-rgt-may-31-2022/ | 2022-06-28T18:04:17Z |
REYKJAVIK, Iceland , June 20, 2022 /PRNewswire/ -- 3Z, a Reykjavik based drug discovery company is pleased to announce the closure of a $2 million funding round led by seasoned investors in pharmaceuticals and medical technology. The just closed funding will accelerate finalization of preclinical studies on 3Z's lead therapeutic candidates in ADHD and insomnia. Using its unique zebrafish screening platform, 3Z has identified both novel and repurposed therapeutics for these indications; the platform allows for cost-effective high-volume screens in vivo.
Currently, the lead therapeutics are being re-assayed in mammalian models, replicating, extending and validating the therapeutic potential of the compounds. The novel ADHD therapeutics are all non-stimulants, poised to fill a gap in the market, with less side-effects compared to contemporary treatments and offer an alternative for non-responders. The insomnia therapeutic encompasses a novel mechanism of action that may combat insomnia and metabolic syndrome, indications with significant comorbidity.
3Z´s CEO Karl Karlsson is a PhD in behavioral neuroscience and professor in Biomedical Engineering at Reykjavik University. Karl was extensively involved in sleep research before merging the neuroscientific and engineering skillsets to high-throughput in vivo drug screening.
Discussing the significance of the financing round Karl stated:
"We are extremely pleased to welcome the investors onboard, which significantly strengthen and deepen the company's network and competencies for moving forward. 3Z now has the financial means to forge ahead, getting our current assets ready for the clinic and managing outsourcing activities while initiating the next screens."
To find out more, please visit www.3z.is or follow on Linkedin.
CONTACT:
Karl Ægir Karlsson
+3548256467
This information was brought to you by Cision http://news.cision.com
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SOURCE 3Z ehf | https://www.kxii.com/prnewswire/2022/06/20/3z-closes-2-million-funding-preclinical-development-novel-adhd-insomnia-therapeutics-identified-by-3zs-zebrafish-drug-discovery-platform/ | 2022-06-20T13:28:41Z |
LONDON (AP) — Liz Truss, a onetime accountant who has served in Parliament for the past 12 years, became Britain’s prime minister on Tuesday after Queen Elizabeth II formally asked her to form a government.
The ceremony, which took place at a royal residence in Scotland, followed a bruising two-month contest to succeed Boris Johnson, who formally offered his resignation to the queen shortly before Truss arrived to take up the mantle.
The handover of power is governed by rules and traditions built up over the centuries, as the U.K. evolved from an absolute monarchy to a modern parliamentary democracy where the sovereign plays an important but largely ceremonial role as head of state.
Here is a brief description of Tuesday’s events and how Britain arrived at this point.
HOW DID LIZ TRUSS BECOME PRIME MINISTER?
Boris Johnson announced his intention to step down as prime minister and leader of the ruling Conservative Party on July 7, after dozens of Cabinet ministers and lower-level officials resigned following months of scandal and growing concern that he could no longer deliver election victories.
Because Johnson’s government didn’t lose a vote of confidence, the Conservatives still command a majority in the House of Commons and so a general election wasn’t required to select a new prime minister. Instead, it was up to the Conservatives to pick a new leader, who would automatically become prime minister as the leader of the majority party.
Truss and former Treasury chief Rishi Sunak squared off in the internal contest to become Conservative Party leader, holding campaign events around the country as they vied for support among 172,000 dues-paying party members. Truss was announced as the winner of that contest on Monday after she received 57% of the vote.
WHY IS THE QUEEN INVOLVED?
As head of state, the queen still formally appoints the prime minister, though the decision is now based on constitutional conventions. When one party holds a majority in the House of Commons, as is the current situation, the prime minister is always the leader of that party.
But the queen maintains a special relationship with her prime ministers, holding regular meetings with them throughout their time in office.
While the queen is constitutionally required to remain strictly neutral on all political matters, she is entitled to be informed and consulted about government policy. And she retains the right to “advise, encourage and warn ministers,” according to the official guide to the laws, rules and conventions of government.
WHY DIDN’T TRUSS IMMEDIATELY BECOME PRIME MINISTER?
While Johnson announced his intention to step down on July 7, prime ministers usually don’t formally resign until it is clear who their successor will be.
Once Truss was elected Conservative Party leader, Johnson could hand his resignation to the monarch.
WHY IS EVERYONE IN SCOTLAND FOR THE CEREMONY?
Normally, the new prime minister travels the short distance from the Houses of Parliament to Buckingham Palace to meet with the queen. But this year, the 96-year-old sovereign is at Balmoral, her retreat in Aberdeenshire, Scotland, for her annual vacation.
Elizabeth has had difficulties moving around of late and decisions about her schedule are being made on a daily basis depending on what she feels up to. So rather than take the chance that she wouldn’t be ready to travel to London on Tuesday, planners injected a bit of certainty into the diary by asking the new leader to come to her.
WHAT HAPPENED ON TUESDAY?
Things kicked off at about 7:30 a.m., when Johnson appeared outside the prime minister’s official Downing Street residence to deliver a farewell speech before flying to Scotland. He formally offered his resignation later in the day.
Truss, who made the 500-mile (800-kilometer) journey on a separate plane, arrived at Balmoral just after noon for an audience with the queen. Elizabeth then formally asked Truss to form a new government, and Truss officially became Britain’s prime minister. | https://cw33.com/business/ap-business/ap-explainer-why-truss-is-off-to-scotland-to-become-uk-leader/ | 2022-09-07T01:24:47Z |
Case Management Software Company GrowPath Will Be at CAALA Las Vegas to Demonstrate Marketing Analytics Features
DURHAM, N.C., Aug. 16, 2022 /PRNewswire/ -- Intake and case management software firm GrowPath will be attending the Consumer Attorneys Association of Los Angeles (CAALA) event September 1-4 in Las Vegas, NV.
This gathering will provide law firm managers in attendance the opportunity to find out how to determine their marketing efficacy, by delivering marketing transparency and calculating their return on investment (ROI) across all channels using GrowPath features made available as a stand-alone Marketing ROI Dashboard. This offering is part of its Office Optimizer solution, and is available to all firms regardless of what Case Management solution they.
CAALA Las Vegas is an opportunity for lawyers and law firm managers to network, learn, and improve their firms' services to clients. GrowPath has a number of patented features that can help firms in this area, including its Lead Scoring tool to help firms value cases in real time as intake calls happen.
"GrowPath was designed to help attorneys and law firms market themselves effectively and efficiently, so CAALA Las Vegas is really the perfect place to showcase what our software can do," said GrowPath CEO Neal Goffman. "Our lead generation and management tools help personal injury law firms sign more cases and faster."
GrowPath also features lead scoring and intake performance management that allows law firm managers to get immediate feedback on case quality and generate reports on case projection and settlement amounts. This makes it easier to calculate a firm's marketing ROI.
"Understanding marketing ROI is key to the success of a law firm," said Eric Sanchez, GrowPath founder, and advisor. "That's why we've made lead generation and management a key part of this platform. It's designed by lawyers, for lawyers."
To learn more about Growpath's software offerings, attendees can stop by booth #210 and see how GrowPath's all-in-one case management software delivers marketing analytics. Schedule a demo today.
GrowPath is a cutting-edge legal case management software delivering industry-leading solutions for personal injury law firms. By partnering with GrowPath, in addition to the benefits of using a market leading platform, firms get access to some of the best and most creative minds in the industry. From the individuals leading our company to those working closely every day with our clients, we have years of real-world expertise building successful plaintiffs' firms. GrowPath is empowering firms to boost revenue by improving the efficiency of the services they deliver. To learn more, visit GrowPath.com.
Connie Wong
cwong@growpath.com
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SOURCE GrowPath | https://www.wibw.com/prnewswire/2022/08/16/growpath-launches-pre-built-marketing-roi-dashboard/ | 2022-08-16T10:05:28Z |
REDWOOD CITY, Calif., Aug. 2, 2022 /PRNewswire/ -- Along, a first-of-its-kind teacher-student connection builder, has been listed as a 2022 "Best Tool for Back to School" by Common Sense Education. Along is among five tools for emotional wellbeing highlighted for 2022 by Common Sense Education, an independent and trusted source that educators turn to for support and advice about technology, apps, and websites to use in the classroom.
"As educators prepare for the 2022-23 back-to-school season, Along offers a fast, easy, and free way to prioritize and consistently build teacher-student relationships within their school communities," said Samia Zaidi, Along's program director. "We know that when these strong connections are established at the start of the year, students show up to the classroom more primed to learn. Long-term, these connections are also critical to the establishment of students' sense of belonging and wellbeing."
Along was created by a team of educators who understand the complexities of today's classrooms: teachers have little time to devote to non-academic activities; it's difficult to connect in-person with every student in the classroom; and there are few resources available to help create teacher-student connections. Along was purpose-built to overcome these specific barriers and to easily integrate into a teacher's day. The research-informed reflection questions, classroom activities, and educator practice resources are designed to start fostering authentic teacher-student relationships on day one—for free— with minimal prep time, and can be used to meaningfully reach students.
Educators can go to Along.org to sign up. From there, they may start by choosing a reflection question to get to know their students. Educators simply record their own response, send it to their students, and then their students can answer back using text, audio, or video. This reflection loop is direct from teacher to student.
To sign up for free, please visit https://www.along.org/.
For more information about Along:
Along is a first-of-its-kind teacher-student connect builder provided at no cost by Gradient Learning, a nonprofit organization founded and led by educators who are driven to bring communities, schools, and families together in pursuit of meeting the needs of every student. Using simple, yet powerful, reflection questions, Along helps to solve the connection gap between teachers and their students by fostering authentic conversations. With the support of the Chan Zuckerberg Initiative, Gradient Learning partners with communities, schools, and educators to create solutions—such as the Summit Learning program and Along—to meet the holistic needs of every student while fostering success for all.
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SOURCE Along | https://www.mysuncoast.com/prnewswire/2022/08/02/along-named-2022-best-tool-back-school-by-common-sense-education/ | 2022-08-02T11:13:08Z |
Police in central California say they are treating the early August disappearance of 22-year-old Jolissa Fuentes, last seen leaving a convenience store, as a criminal matter.
On the night of August 6, Fuentes attended a family gathering and went home in the overnight hours to grab some belongings, said Selma Police Chief Rudy Alcaraz. She stopped at a local convenience store and was seen on surveillance video making a purchase and leaving the location in her car, a 2011 silver Hyundai sedan. Her family reported her missing on Sunday night, August 7.
"To this point, there is nothing overtly that leads us to believe that a criminal act has occurred; however, Miss Fuentes has been gone a long time, and this is not normal behavior for Miss Fuentes so we are treating his as a criminal matter," Alcaraz said at a news conference last week.
A ping on Fuentes' cell phone led them to an area north of Selma, Alcaraz said.
"We were able to determine that Miss Fuentes' phone traversed through the city of Sanger and up into the Avocado Lake and Pine Flat area," he said.
Her family says she has visited the area in the past, so investigators are focusing on that vast swath of Fresno County.
The Fresno County sheriff, Fresno Police Department and the FBI are part of the search for Fuentes, Alcaraz said.
Adventures with Purpose, the dive group that helped officials find the body and car of missing teen Kiely Rodni earlier this month, joined the search for Fuentes.
"For us, it's just a blessing and honor to have them here. They are a tremendous group of men and have been very compassionate for my family, and we are just so grateful for them to be out here taking their time," Fuentes' aunt, Sandra Archuleta, told CNN affiliate KFSN on Friday.
Selma has a population of 24,400 and is about 17 miles southeast of Fresno.
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Album Released Friday, Sept. 30 via UMe, Produced by Dave Cobb
Sammy Hagar & The Circle Currently on Critically Acclaimed "Crazy Times" Summer U.S. Amphitheater Tour
LOS ANGELES, July 29, 2022 /PRNewswire/ -- Rock & Roll Hall of Fame®-inducted, Grammy award-winning singer, songwriter, performer, entrepreneur, and New York Times #1 best-selling author Sammy Hagar has announced the release of his second studio album with his Billboard chart-topping supergroup, The Circle. Their forthcoming album, titled "Crazy Times," finds Hagar, fellow Hall of Famer and longtime bassist Michael Anthony, Grammy-winning drummer Jason Bonham and Grammy-winning guitar virtuoso Vic Johnson changing course, traveling to Nashville to record the album with 8-time Grammy Award-winning producer Dave Cobb at Nashville's historic RCA Studio A. Due out Friday, Sept. 30 via UMe on CD as well as digitally, with the vinyl following on Oct. 28, the band has released the title track today on digital and streaming platforms. The CD and vinyl configurations, including a translucent red color vinyl exclusive, are available for pre-order HERE. The album's first single, "Crazy Times," and music video directed by Travis Detweiler – is below and HERE.
Sammy shared about making the album,
"Working with Dave Cobb for the first time was enlightening. We went into the studio to record in the fall of 2021, when the world was starting to come out of the pandemic bubble we'd all been living in. The lyrics for 'Crazy Times' just came from that new freedom we were feeling, the freedom felt unbelievable, but a little uncertain, too. We had to ask ourselves 'what are we doing here and what do we want?'"
"Going back in the studio, creating and being with the music is just what felt natural. And it was just so different from any record I've ever made. There was joy in the hard work, catharsis and the comradery we'd craved. It was like those two years of not being able to do very much fell away and we really all came together and let it out in the music and lyrics. We were able to express what we all felt."
"Crazy Times," the band's long-anticipated sophomore album, is a follow-up to their much-lauded debut "Space Between," a multi-category #1 Billboard charting album. The new album will include 10 songs, nine of which Hagar wrote or co-wrote, along with a notable cover, "Pump It Up," a 1978 song by Elvis Costello and the Attractions. The song "Crazy Times" was written by the whole band along with Dave Cobb and recorded live. Sammy explains:
"Before I stepped into the studio with Dave, he'd told me he wanted the best of my career on this record, and he wasn't going to let me get out of that studio until I gave it to him. So, I said, 'If you expect that from me, at my age, as many records as I've made, you're going to have to push me,' and he said no problem. Obviously, I dug down and just tried to write good strong songs, great lyrics, great melodies and not worry so much about the arrangements because he had that covered. And he pushed and squeezed every one of us. We went in the studio with seven songs and came out with 10. We ended up cowriting three songs with Dave Cobb and the band—including the new track, Crazy Times."
CRAZY TIMES TRACKLIST
- INTRO: THE BEGINNING OF THE END
- SLOW DRAIN
- FEED YOUR HEAD
- PUMP IT UP
- BE STILL
- YOU GET WHAT YOU PAY FOR
- CRAZY TIMES
- FUNKY FENG SHUI
- FATHER TIME
- CHILDHOODS END
In support of the album release, Sammy Hagar & The Circle hit the road in June with the 21-city "Crazy Times" U.S. amphitheater tour. Fans and critics have been raving about the new songs, which have found their way into their explosive greatest hits-heavy setlist. Following the tour wrap on Saturday, Oct. 1 in Sacramento, California, Hagar will celebrate his 75th birthday at his annual week of Birthday Bash concerts at his Cabo Wabo Cantina in Cabo San Lucas, Mexico. Visit RedRocker.com for ticket information.
Sammy Hagar & The Circle "Crazy Times Tour" Tour Dates:
SAMMY HAGAR'S ANNUAL BIRTHDAY BASH IN CABO
Hagar remains committed to social advocacy and philanthropy through his Hagar Family Foundation. For more than a decade, the foundation uses music and Sammy's entrepreneur endeavors as a means to give back to causes special to him and his family; mainly food pantries and children's music and health related causes. To date, they have supported these causes with personal contributions of more than $4 million.
About Sammy Hagar:
For more than five decades, Sammy Hagar has been recognized as one of the best and most accomplished lead singers and songwriters in rock music. From breaking into the industry with the seminal hard rock band Montrose, to his multi-platinum solo career, to his ride as the frontman of Van Halen, Chickenfoot and his latest best-selling supergroup, The Circle, Hagar has amassed 25 Platinum albums on sales surpassing 50 million worldwide. Along his journey, he has set the tone for some of the greatest rock anthems ever written with songs like "I Can't Drive 55," "Right Now," and "Why Can't This Be Love," and earned the highest respect of the music industry with a Grammy Award and induction into the Rock & Roll Hall of Fame. Since launching his flagship Cabo Wabo Cantina in 1990, he's turned a lifelong passion for great food, music and spirits into a thriving and iconic lifestyle brand. A pioneer in the spirits industry, Hagar's development and 9-figure sale of his Cabo Wabo Tequila to Gruppo Campari in 2008 is widely credited as the start of the celebrity-owned spirits trend. His portfolio of spirits now includes Sammy's Beach Bar Rum, Santo Tequila, and Sammy's Beach Bar Cocktail Co., as well as several restaurants. Never one to hit the brakes, he's also found success in publishing, TV, radio and beyond, including five seasons of his hit TV show, "Rock & Roll Road Trip with Sammy Hagar," and as host of "Sammy Hagar's Top Rock Countdown," his syndicated radio show that's broadcast on 90+ U.S. stations. He's also a #1 NYT bestselling author, a dedicated philanthropist and since January 5, 2022, the first Honorary Ambassador to Los Cabos, an honor he was bestowed in recognition of his longtime investment in the people and economy of Mexico.
Visit RedRocker.com information on his upcoming 2022 tours and Las Vegas residency dates and follow him on Facebook, Instagram, YouTube, and his newly launched TikTok.
MEDIA ASSETS available, HERE.
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SOURCE UMe | https://www.kxii.com/prnewswire/2022/07/29/sammy-hagar-amp-circle-announce-new-album-crazy-times-first-singletitle-track-amp-video-crazy-times-out-today/ | 2022-07-29T13:25:14Z |
FRANKFURT, Germany (AP) — The European Central Bank made its largest-ever interest rate increase Thursday, following the U.S. Federal Reserve and other central banks in a global stampede of rapid rate hikes meant to snuff out the inflation that is squeezing consumers and pushing Europe toward recession.
The bank’s governing council raised its key benchmarks by an unprecedented three-quarters of a percentage point for the 19 countries that use the euro currency. The ECB usually moves rates by a quarter-point and had not raised its key bank lending rate by three-quarters of a point since the euro’s launch in 1999.
Bank President Christine Lagarde said the ECB would keep hiking rates “over the next several meetings” because “inflation remains far too high and is likely to stay above our target for an extended period.”
Lagarde stopped short of predicting a recession, though many economists foresee one at the end of the year and beginning of 2023 as high energy and food prices sap people’s spending power. The bank’s assumption is economic output would not fall outright but “stagnate” later this year and early next, she said.
The bank’s jumbo increase is aimed at raising the cost of borrowing for consumers, governments and businesses, which in theory slows spending and investment and cools off soaring consumer prices by reducing the demand for goods.
Analysts say it’s also aimed at bolstering the bank’s credibility after it underestimated how long and how severe this outbreak of inflation would be. After reaching a record 9.1% in August, inflation may rise into double digits in coming months, economists say.
The war in Ukraine has fueled inflation in Europe, with Russia sharply reducing supplies of cheap natural gas used to heat homes, generate electricity and run factories. That has driven up gas prices by 10 times or more.
European officials decry the cutbacks as blackmail aimed at pressuring and dividing the European Union over its support for Ukraine. Russia has blamed technical problems and threatened this week to cut off energy supplies completely if the West institutes planned price caps on Moscow’s natural gas and oil.
The ECB has lagged other central banks in raising rates. Central banks worldwide have scrambled after being wrong-footed by inflation fed by the war in Ukraine and the lingering effects of the COVID-19 pandemic, which have sent energy prices higher and restricted supplies of parts and raw materials.
The sudden campaign to raise interest rates follows years in which borrowing costs and inflation stayed low because of broad trends such as globalization, aging populations and digitalization.
Lagarde rejected comparisons, saying that “we’re not trying to mimic any other central bank” and pointing out that the ECB started tightening monetary policy in December, when it decided to phase out its pandemic stimulus through bond purchases.
Some economists say the ECB’s interest rate hikes, including a half-point hike at its last meeting in July, could deepen a European recession predicted for the end of this year and the beginning of 2023, caused by higher inflation that has made everything from groceries to utility bills more expensive.
Lagarde said a 2022-23 recession would occur only under a “really dark” worst-case scenario where all Russian natural gas is cut off, alternative supplies are not available and governments have to resort to energy rationing.
She praised efforts by the EU’s executive Commission to contain energy prices, such as through electricity market regulation, and noted that while rate hikes send “a strong signal” of the bank’s commitment to fight inflation, “I cannot reduce the price of energy.”
But the bank has reasoned that rate hikes will prevent higher prices from being baked into expectations for wage and price deals and that decisive action now will forestall the need for even bigger hikes if inflation gets ingrained.
Europe’s central bank “wants to fight inflation — and wants to be seen as fighting inflation,” said Holger Schmieding, chief economist at Berenberg bank.
However, energy prices and government support programs to shield consumers from some of the pain will “have a much bigger impact on inflation and the depth of the looming recession than monetary policy,” he said.
Rate hikes often support a currency’s exchange rate — but the euro has been under pressure because of more general fears about recession and economic growth. It has recently fallen under $1, the lowest level in 20 years. The euro slid about a half-cent after the ECB decision, to around 99.5 U.S. cents.
The ECB’s benchmark is now 1.25% for lending to banks. The Fed’s main benchmark is 2.25% to 2.5% after several large rate hikes, including two of three-quarters of a point. The Bank of England’s key benchmark is 1.75%, and the Bank of Canada raised rates Wednesday by three-quarters of a point, to 3.25%. | https://cw33.com/business/ap-business/ap-european-central-bank-to-join-us-fed-in-outsized-rate-hikes/ | 2022-09-09T00:50:58Z |
DALLAS (KDAF) — Pickles, people either love them or can’t stand them. At Pickletopia in Old East Dallas, owner Lee Thelan, is pickling everything from carrots and jalapenos to basics like cucumbers.
“I have a passion for pickles,” Thelan said. After retiring from a career in the food industry, Thelan found a pungent passion project.
“I went to New York quite a few times and would visit the pickle guys – I got inspired,” he said. “It was something we didn’t have in Dallas. I wanted to try something up and see if it would work.”
He took notes from the pickling pros from the North and brought them home to Texas. “I started working on some at home to see if I could do it,” Thelan said. “It turned out pretty well.”
After several trial runs and a successful taste test with his family and friends, Lee decided to try his hand at opening a pickling paradise.
“After manufacturing about 15 recipes, I decided to open up my own storefront,” he said.
He named it Pickletopia… For amatuer pickle people like myself, Lee gave us the 4-1-1 on three different kinds of pickles:
New pickle:
“New pickles are cucumbers that have been only fermented for a week and a half to two weeks,” Thelan explained. “When we bring these out, they’re going to be real cucumbery and bright. Less sour. This’ll work really well with bagels, schmear and salmon.”
Half-sour:
“Our most popular – they’re halfway between a new and a full sour. It’s what people really like to put in a hamburger, they’re less sour, not as pungent”
The full sour pickle is the cucumber that’s been marinating the longest – leading to a cloudy brine.
Thelan wanted to show our Reporter and rookie pickle person, Landon, how real pickled veggies are supposed to taste. You can catch the full taste test with related bloopers above.
Now we know, folks – for that perfect pickle on your hamburger or the perfect olive for that bloody mary, Pickletopia can fulfill all your pickling needs right here in Old East Dallas. | https://cw33.com/news/local/if-you-love-all-things-pickle-you-gotta-try-pickletopia-in-old-east-dallas/ | 2022-04-11T19:47:46Z |
Bucks president: ‘It goes way beyond our perimeter to have a safe city’
By Adam Rife
Click here for updates on this story
MILWAUKEE (WDJT) — The Milwaukee Bucks organization reacted to the weekend violence, saying the team is looking to improve safety and communication around Fiserv Forum.
The shootings happened outside the secure Deer District perimeter, but team president Peter Feigin said the team’s desire for safety does not end at the fence line.
He said watch parties will continue, and the team is working with MPD and the city to expand the secure perimeter.
Feigin said, “It goes way beyond our perimeter to have a safe city.”
He said the organization wants to help make the city safe in any way possible, adding the team tried to project a sense of calm when the shootings happened outside the Deer District. The roughly 11,000 fans were safe inside.
Players were kept in the locker room for safety, and Feigin said the Bucks were in communication with the city, MPD, the sheriff’s office and the Department of Homeland Security.
But he adds there is no demarcation when it comes to safety. “I think for us, it’s about how we evolve and refine and possibly work with MPD and the city to expand the perimeter of the Deer District.”
Feigin said key elements are working, like scanning guests through the magnetometers and establishing the perimeter with fencing. He said both measures let people know they’re in a safe area. “We’re obviously like pushing and promoting that to the mayor and the police department in the greater city to think about, why wouldn’t you expand that type of activity?”
Feigin said the team is working to improve internal communication with employees and external communication with fans. “How do we work in concert with MPD in real time to hopefully focus on prevention at the end of the day.”
And he again stressed the organization is made up of citizens who recognize the organization represents the city of Milwaukee. “We’re members of the community, we want to be a part of it. We’re happy to help in any way we possibly can.”
Feigin said the Deer District watch parties will continue. And they will continue to host events large and small while they improve internal communication to employees and external communication to fans.
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/2022/05/17/bucks-president-it-goes-way-beyond-our-perimeter-to-have-a-safe-city/ | 2022-05-17T16:19:09Z |
TAIPEI, July 22, 2022 /PRNewswire/ -- ProLogium Technology, a global leader in innovative solid-state battery technology, confirmed today that the company is in the process of selecting the location of its first-ever overseas solid-state gigafactory in light of the surging global demand for electric vehicles over the next decade. ProLogium plans to establish its overseas gigafactory with an estimated total investment of over USD 8 billion and reveals that a feasibility study for potential sites has been initiated. Shortlisted locations include those in the United States, France, Germany, the Netherlands, Poland and the United Kingdom.
ProLogium has a three-phase construction plan for its first-ever overseas gigafactory. The total capacity is expected to reach 120GWh when the plant is complete. The firm is currently assessing potential plant locations, and a final decision is set to be made by the first quarter of 2023. A due diligence process will be performed before the construction project kicks off. ProLogium also estimates that by 2031, the project will create over 6,500 jobs, and the company is poised to begin its global talent recruitment efforts in the areas of engineering, product research and development, business management, and more.
ProLogium's manufacturing competence has been well established in the past nine years. Its first production line for consumer applications began operating back in 2013, and its roll-to-roll EV battery pilot line began production in October 2017. The battery maker owns proprietary technologies covering over 500 (applied or awarded) patents worldwide and has established more than 4,000 quality control items in its production processes, achieving 99.9% yield for its single-layer cell manufacturing and 94% yield for multi-layer cells. The company has already shipped more than one million cells for consumer electronic applications (from 15mAh to 1Ah) with a very high level of customer satisfaction. It has already begun the long testing and certification process with key global car OEMs by delivering nearly 8,000 EV battery cells (50~60Ah). These results laid a solid foundation for its first 3 GWh mass production plant due to start operating early 2023.
"Our first-ever overseas gigafactory serves a key strategic purpose – being close to our customers to deliver products and services in a timely manner," said Vincent Yang, CEO and Founder of ProLogium Technology. "The United States and Europe play a crucial role in the global automotive industry value chain. Automakers are accelerating their plans to extend their EV product range. With manufacturing bases in these regions, we will be able to better meet the market's needs and benefit from local policy support. The proximity allows for local production and local supplies, planting closer to customers to reduce carbon footprint – a win-win solution for the benefit of both our customers and ProLogium."
"In early July, with the recommendation and assistance from the US Department of Commerce and Business France (Taiwan/France), we were invited to the SelectUSA Investment Summit and Choose France Summit. We met with US officials and governors during the SelectUSA Summit. In Paris, we discussed next-generation battery technology breakthroughs with French President Emmanuel Macron at a face-to-face meeting during the Choose France Summit and presented our overseas expansion plans and leading advantages in technology and mass production. Both the US and French governments expressed their full support for ProLogium to set up plants locally, an indication of the increasing strategic importance of the next-generation battery," Vincent Yang commented.
Earlier this year, leading international luxury car manufacturer Mercedes-Benz concluded a technology cooperation agreement with ProLogium to develop next-generation EV battery cells. Earlier in July, Vietnamese EV maker VinFast also signed a Memorandum of Understanding and entered into strategic cooperation arrangements with ProLogium to secure next-generation solid-state battery supplies with the aim of expanding its smart mobility solutions globally.
ABOUT PROLOGIUM
Founded in 2006, ProLogium is a global leader in innovative next-generation battery technologies for vehicle, consumer, and industrial applications. ProLogium is the first battery company in the world to mass-produce solid-state lithium ceramic batteries. Its proprietary technologies cover over 500 (applied or awarded) patents worldwide. ProLogium's automated pilot production line has provided nearly 8,000 solid-state battery sample cells to global car manufacturers for testing and module development. ProLogium Technology's GWh level solid-state lithium ceramic battery plant will be the first in the world to go online in early 2023, and it aims to begin scaling up by the second half of the year, followed by capacity expansion plans in major markets worldwide. Further information can be found at www.prologium.com
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SOURCE ProLogium Technology | https://www.mysuncoast.com/prnewswire/2022/07/22/solid-state-battery-maker-prologium-discusses-overseas-expansion-plans-meetings-with-french-president-macron-us-officials/ | 2022-07-22T12:55:29Z |
Idaho Falls to hold citywide cleanup
IDAHO FALL, Idaho (KIFI) - Idaho Falls is getting ready to help residents with some spring cleaning.
The annual Clean & Green Citywide Cleanup kicks off tomorrow. Sanitation division personnel will be available every weekend in may at different locations in Idaho Falls to help collect and dispose of unwanted items.
This weekend, items will be collected at Melaleuca field on W. Elva street between 9 a.m. and 6 p.m.
Acceptable items include:
household solid waste
brush
construction waste
bulk items
Unacceptable items include:
metal
tires
hazardous waste
large appliances
Drop-off location schedule:
May 5-7, Melaleuca Field on W. Elva Street
May 12-14, Parks & Recreation maintenance building on Old Butte Road near Clarence Drive
May 19-21 at Mel Erickson Sunnyside Park
May 26-28, at the intersection of Bennett Avenue & Waid Street | https://localnews8.com/news/2022/05/04/idaho-falls-to-hold-citywide-cleanup/ | 2022-05-04T12:17:10Z |
Liminal continues to expand its Principal Advisors team with extensive experience in growth markets, strategy, and digital identity solutions.
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Today, Liminal announces Ken Allen joining their elite team of Principal Advisors. The leading consulting and advisory firm in digital identity guides clients through every rite of passage, from market entry, fundraising, and strategic evaluations to early company ideation and expansion through exit. The addition to Liminal's team is a direct result of the organization's focused commitment in partnering with globally recognized leaders who play a key role in accelerating innovation and growth in an evolving marketplace. Ken brings decades of experience and passion focused on the use of digital processes and services, coupled with utilization of mobile devices to improve the lives of people and to deliver customer-friendly experiences.
"We feel incredibly privileged to welcome Ken to Liminal's team of Principal Advisors," said Travis Jarae, CEO of Liminal. "Ken contributes expertise spanning across multiple verticals and demonstrable leadership in driving growth in both small and large companies. His passion for creating and delivering best-in-class user experiences is unrivaled. We look forward to collaborating with Ken on our go-to-market and delivering unparalleled service to our clients."
Ken Allen is a seasoned executive with extensive experience leading strategy through execution. He brings decades of experience in re-inventing products, solutions, platforms, and teams to compete and lead in growth markets. Ken is an investor and board member with over 20 years of experience advising CEOs and executives in early and growth-stage companies on their growth ambitions. He has held leadership roles in companies that include Western Union, Capital One, Socure, and Equifax. Ken holds a B.A. in finance from the Metropolitan State University of Denver and an M.B.A. from the University of Arkansas at Little Rock.
"I'm a firm believer that with proactive use of modern technology and first-principle design aspects, a precise balance of user experience with business controls can create unique and differentiated value," said Ken Allen. "This is an incredibly opportune time to evolve digital transformation journeys predicated on identity solutions. I am proud to join Liminal's mission in propelling the growth of this sector across different industry verticals and look forward to what we will be able to accomplish together."
Liminal is a boutique strategy advisory firm serving digital identity, fintech, and cybersecurity clients, and the private equity and venture capital community. Since 2016, we have offered objective, high-impact strategic advice, and analytical services, helping to support clients in crucial business decisions at all stages of the product and business lifecycle. We've advised many of the world's most innovative business leaders, investors, and government officials on building, buying, and investing in the next generation of integrated digital identity platforms and technologies. As a result, our clients trust us to set strategic direction in light of radically evolving ecosystem dynamics, pursue new growth strategies, capitalize on M&A opportunities, and optimize deal flow. We see the solutions to these complex digital challenges not as a 'what' but as a 'how.' We don't just tell you about the destination, we show you how to get there.
Contact: Kristen Grazia
Contact email: kristen.grazia@liminal.co
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SOURCE Liminal Strategy Partners, LLC | https://www.mysuncoast.com/prnewswire/2022/08/03/liminal-announces-ken-allen-principal-advisor/ | 2022-08-03T14:47:04Z |
WASHINGTON (AP) — Many Americans don’t expect to rely on the digital services that became commonplace during the pandemic after COVID-19 subsides, according to a new poll, even as many think it’s a good thing if those options remain available in the future.
Close to half or more of U.S. adults say they are not likely to attend virtual activities, receive virtual health care, have groceries delivered or use curbside pickup after the coronavirus pandemic is over, according to a poll from The Associated Press-NORC Center for Public Affairs Research. Less than 3 in 10 say they’re very likely to use any of those options at least some of the time.
Still, close to half also say it would be a good thing if virtual options for health care, for community events and for activities like fitness classes or religious services continue after the pandemic.
“Rather than this either-or, I think we’re more likely to be facing a hybrid future,” said Donna Hoffman, director of the Center for the Connected Consumer at the George Washington School of Business. “People have found convenience in some of these virtual options that just makes sense, and they don’t necessarily have anything to do with like keeping you safe or the pandemic even though they came of age during the pandemic.”
Digital daily routines became the default in 2020 as the nation reacted to the rapidly spreading virus, which prompted lockdowns, closed schools and shuttered businesses. Some substitutions, like online shopping and video conference calling, already existed. Others were reimagined or popularized during the pandemic.
Either way, Hoffman said, there was “rapid” deployment and adoption of virtual services. It was a question of “how are we going to make this work?” she said.
Cornelius Hairston said his family took precautions throughout the pandemic because his wife is a first responder in the health care field.
“We tried to stay in as much as we could and only come out for essentials,” said Hairston, 40, who recently moved to Roanoke, Virginia.
Hairston joked that his twin 4-year-old boys are “COVID babies” who didn’t even go to a grocery store for much of their young lives. The family used delivery services almost exclusively to avoid venturing out to crowded stores. But going forward, he only expects to use them “from time to time.”
For Angie Lowe, the convenience of telemedicine and time saved was reason enough to do it again even though she and her husband returned to doing things in public more than a year ago.
Lowe had her first telemedicine appointment early in the pandemic when feeling “lonely” and “stuck at home” kept her from sleeping well. She was able to talk with the doctor without having to take extra time off of work to drive to and wait in a medical center.
“It was my first telemedicine appointment, but it won’t be my last,” said Lowe, 48, of Sterling, Illinois. “If I can do it, I’m going to do it.”
For many, though, drawbacks outweigh the benefits of relying on digital services in the future. Adults age 50 or older are especially likely to say they are not planning to use the virtual options asked about on the poll going forward, even though many were introduced during the pandemic to protect the at-risk population.
Despite feeling antsy about COVID-19 and infection rates in Phoenix, Tony DiGiovane, 71, said he found curbside pickup at grocery stores and restaurants to be more hassle than they’re worth.
“By the time I picked up the stuff, I needed more stuff,” he said of his grocery orders, and “something’s always missing or wrong” on takeout orders.
Karen Stewart, 63, recognizes the benefits of video calls, but she’s also found them to be limiting. That’s the case in her job organizing after school programming for kids. She also now sees some of her doctors online, one who provides virtual care almost exclusively and another who uses virtual care in between office visits.
She likes that she doesn’t have to drive, but it means a doctor or nurse can’t take her vitals or be “hands on” in her care. It was “scary,” for example, when all of her appointments in the lead-up to a surgery were online, she said.
“When I do that they they can’t take my blood pressure, my pulse. There’s things that a doctor might pick up on that they can’t see online,” said Stewart of Perris, California.
The pandemic created an opportunity to balance in-person and virtual services to support the physical and mental health of older adults, said Alycia Bayne, a principal research scientist at NORC. That “could be particularly beneficial to older adults with different health issues, mobility limitations, people who lack transportation options, people who do not have or live near a robust social networks like family and friends to lean on,” she said.
Still, there remain limitations with technology access, broadband access and digital literacy, which Bayne said may help explain why the poll finds older adults less likely to use digital services after the pandemic.
Despite the age gap on use of services, similar percentages of adults across ages say it’s a good thing for virtual options for health care, for community events and meetings and for activities to continue after the pandemic.
“They recognize the benefits of virtual services, but they’re also ready to start getting back to their pre-pandemic routines,” she said. “The silver lining, of course, is that these services are now available.”
___
The poll of 1,001 adults was conducted May 12-16 using a sample drawn from NORC’s probability-based AmeriSpeak Panel, which is designed to be representative of the U.S. population. The margin of sampling error for all respondents is plus or minus 4 percentage points.
___
Rico reported from Atlanta. | https://cw33.com/health/ap-health/many-wont-rely-on-virtual-options-after-covid-ap-norc-poll/ | 2022-07-06T10:34:30Z |
Rain, snow and windy for early Friday
TODAY: We have rain and snow showers throughout the region currently and these showers will continue to be scattered throughout the region especially in the morning hours. Even the valleys can expect to see a mix of both rain and snow this morning. These same showers will become more isolated and focused towards western WY and SE Idaho in the afternoon and evening hours. Winds are very breezy in the morning between 15-25 mph with gusts up to 40 mph and will slightly decrease into the afternoon down to 10-20 mph. High temperatures will get up to the upper 40's and lower 50's for the afternoon.
TOMORROW: Partly cloudy to mostly cloudy skies will be found tomorrow with rain and snow showers looking to not come into the picture until the late night hours into Sunday. Winds will be much calmer by sticking between 5-10 mph. High temperatures slightly increase into the lower 50's to lower 60's.
LONG TERM: Valley rain showers and mountain snow showers become much more scattered throughout the day on Sunday before we dry up on Monday. Next system of rain and snow then follows on Tuesday and then again for next Friday. Winds will ramp up again for Monday and Tuesday before calming down again for the rest of the long term. High temperatures will be on a rollercoaster throughout the week with constant increases and decreases. We slightly cool down for Sunday, warm up on Monday, cool down again on Tuesday before warming up again by Thursday. Coolest high temperatures are likely in the upper 40's and lower 50's for Sunday and Tuesday while the warmest high temperatures are in the 60's and lower 70's for Thursday.
WATCHES/WARNINGS:
WIND ADVISORY REMAINS IN EFFECT UNTIL 3 PM MDT THIS
AFTERNOON for The Lower Snake Plain and adjacent mountains,
including but not limited to Blackfoot, Fort Hall, Aberdeen,
American Falls, Chubbuck, Pocatello, Inkom, McCammon, Downey,
Lava Hot Springs, The eastern Magic Valley, Albion Mountains, and Raft
River Region, including but not limited to Oakley, Burley,
Heyburn, Rupert, Albion, Malta, Rockland, and Holbrook. | https://localnews8.com/weather/local-forecast/2022/04/29/rain-snow-and-windy-for-early-friday/ | 2022-04-29T11:59:20Z |
No Lower Age Restriction for Treatment
Japan Accounts for Approximately Half of the 1,500 Patient Opportunity in APAC Region
SAN RAFAEL, Calif., June 21, 2022 /PRNewswire/ -- BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) today announced that the Ministry of Health, Labor and Welfare (MHLW) in Japan granted approval of the registration of VOXZOGO® (vosoritide) for injection, indicated for the treatment of achondroplasia in children of all ages, whose growth plates are not closed. Voxzogo, a modified C-type natriuretic peptide (CNP), directly targets the underlying pathophysiology of achondroplasia by down regulating fibroblast growth factor receptor 3 (FGFR3) signaling and consequently promoting endochondral bone formation.
"We are delighted to offer children in Japan of all ages with achondroplasia access to a treatment option that addresses the underlying genetic mechanism of the condition," said Jean-Jacques Bienaimé, Chairman and CEO of BioMarin. "CNP was discovered as a natural regulator of bone growth in Japan in 1990 so we are especially proud to be able to offer a therapeutic choice there. We look forward to nurturing our partnerships with advocates and the achondroplasia community in Japan and beyond."
The MHLW in Japan based its decision on the outcomes of a global Phase 3 randomized, double-blind, placebo-controlled study evaluating the efficacy and safety of Voxzogo and the long-term extension of this Phase 3 study as well as data from patients participating in a Phase 2 randomized, double-Blind, placebo-controlled clinical trial evaluating the safety and efficacy of Voxzogo in infants and young children with achondroplasia, age 0 to
In 2021, Voxzogo received approvals in the United States, Europe and Brazil.
Achondroplasia, the most common form of skeletal dysplasia leading to disproportionate short stature, is characterized by slowing of endochondral bone growth, which results in disproportionate short stature and disordered architecture in the long bones, spine, face and base of the skull. This condition is caused by a gain of function mutation in the fibroblast growth factor receptor 3 gene (FGFR3), a negative regulator of bone growth. More than 80% of children with achondroplasia have parents of average stature and have the condition as the result of a spontaneous change in the gene.
Around 25% of individuals living with achondroplasia have open growth plates. The worldwide incidence rate of achondroplasia is about one in 25,000 live births.
Safety and efficacy of Voxzogo in patients with achondroplasia were assessed in one 52–week, multi–center, randomized, double–blind, placebo–controlled, Phase 3 study. Transient decreases in blood pressure have been observed with Voxzogo. In the clinical study, 8 (13%) of 60 patients treated with Voxzogo had a total of 11 events of transient decreases in blood pressure compared to 3 (5%) of 61 patients on placebo, over a 52-week treatment period. Patients with significant cardiac or vascular disease or on anti-hypertensive medicine were excluded from the trial. To reduce the risk of a decrease in blood pressure and associated symptoms (dizziness, fatigue and/or nausea), patients should be well hydrated and have adequate food intake prior to administration.
The most common adverse reactions, occurring in greater than or equal to 5% of patients treated with Voxzogo and at a percentage greater than placebo in the Phase 3 study are injection site reactions (including redness, itching, swelling, bruising, rash, hives, pain), vomiting, joint pain, decreased blood pressure, gastroenteritis, diarrhea, dizziness, ear pain, influenza, fatigue, seasonal allergy, and dry skin.
In the United States, VOXZOGO is a prescription medicine used to increase linear growth in children with achondroplasia who are 5 years of age and older with open growth plates (epiphyses). VOXZOGO is approved under accelerated approval based on an improvement in annualized growth velocity. Continued approval may be contingent upon verification and description of clinical benefit in confirmatory trials.
BioMarin is a global biotechnology company that develops and commercializes innovative therapies for patients with serious and life-threatening rare genetic diseases. The company's portfolio consists of seven commercialized products and multiple clinical and pre-clinical product candidates. For additional information, please visit www.biomarin.com. Information on such website is not incorporated by reference into this press release.
This press release contains forward-looking statements about the business prospects of BioMarin Pharmaceutical Inc. (BioMarin), including, without limitation, statements about: BioMarin's VOXZOGO development program generally, the potential market size in Japan, and APAC, and that the continued approval for this indication in the U.S. may be contingent upon the verification and description of clinical benefit in confirmatory studies. These forward-looking statements are predictions and involve risks and uncertainties such that actual results may differ materially from these statements. These risks and uncertainties include, among others: the results and timing of ongoing and possible future clinical trials of VOXZOGO; our ability to successfully manufacture Voxzogo; the content and timing of decisions by the U.S. Food and Drug Administration, the European Commission and other regulatory authorities concerning Voxzogo; the actual size of the Japanese market for VOXZOGO and those factors detailed in BioMarin's filings with the Securities and Exchange Commission (SEC), including, without limitation, the factors contained under the caption "Risk Factors" in BioMarin's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 as such factors may be updated by any subsequent reports. Stockholders are urged not to place undue reliance on forward-looking statements, which speak only as of the date hereof. BioMarin is under no obligation, and expressly disclaims any obligation to update or alter any forward-looking statement, whether as a result of new information, future events or otherwise.
BioMarin® is a registered trademark and VOXZOGO® is a registered trademark of BioMarin Pharmaceutical Inc.
View original content to download multimedia:
SOURCE BioMarin Pharmaceutical Inc. | https://www.kxii.com/prnewswire/2022/06/21/biomarin-announces-ministry-health-labor-welfare-mhlw-japan-granted-approval-voxzogo-vosoritide-injection-treatment-children-with-achondroplasia-whose-growth-plates-are-not-closed/ | 2022-06-21T21:29:13Z |
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