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CARMEL, Ind., Aug. 16, 2022 /PRNewswire/ -- KAR Auction Services, Inc., d/b/a KAR Global (NYSE: KAR) (the "Company"), today announced early results of its previously announced cash tender offer (the "Tender Offer") to purchase up to $600,000,000 principal amount of its 5.125% Senior Notes due 2025 (CUSIP Nos. 48238TAA7 / U24457AA8) (the "Notes"), exclusive of any applicable premiums paid in connection with the Tender Offer and accrued and unpaid interest. The terms and conditions of the Tender Offer are set forth in an Offer to Purchase, dated August 2, 2022 (the "Offer to Purchase"), which was sent to all registered holders (collectively, the "Holders") of Notes.
As of 5:00 p.m., New York City time, on August 15, 2022 (the "Early Tender Date"), according to information provided by D.F. King & Co., Inc., the tender and information agent for the Tender Offer, $769,097,000 aggregate principal amount of Notes has been validly tendered and not validly withdrawn as shown in the table below. Withdrawal rights for the Notes expired at 5:00 p.m., New York City time, on August 15, 2022.
Since the aggregate principal amount of the Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date exceeds the Tender Cap, Notes tendered after the Early Tender Date will not be accepted for purchase and the principal amount of the Notes accepted for purchase were prorated, on the terms and subject to the conditions of the Tender Offer.
With respect to Notes validly tendered and not validly withdrawn at or prior to the Early Tender Date and accepted for purchase by the Company, the Company has elected to have an early settlement date to make payment on such Notes on August 17, 2022 (the "Early Settlement Date"). Holders of such Notes will also receive accrued and unpaid interest to, but excluding, the Early Settlement Date on such Notes. All conditions were satisfied or waived by the Company on the Early Tender Date.
This press release is for informational purposes only, and is neither an offer to purchase nor a solicitation of an offer to sell any Notes. The Tender Offer is made only by, and pursuant to the terms of, the Offer to Purchase, and the information in this press release is qualified by reference to the Offer to Purchase.
J.P. Morgan Securities LLC is the Dealer Manager for the Tender Offer. Persons with questions regarding the Tender Offer should contact J.P. Morgan Securities LLC at (866) 834-4666 (toll-free) or (212) 834-3822 (collect). Requests for copies of the Offer to Purchase should be directed to D.F. King & Co., Inc. at (212) 269-5550 (banks and brokers), (800) 488-8095 (toll-free) or email at kar@dfking.com.
About KAR Global
KAR Auction Services, Inc., d/b/a KAR Global (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. KAR Global's unique end-to-end platform supports whole car, financing, logistics and other ancillary and related services. Our integrated physical, online and mobile marketplaces reduce risk, improve transparency and streamline transactions for customers in about 75 countries. Headquartered in Carmel, Indiana, KAR Global has employees across the United States, Canada, Mexico, Uruguay, Europe and the Philippines.
Forward-Looking Statements
Certain statements contained in this press release include "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. In particular, statements made in this press release that are not historical facts (including, but not limited to, expectations, estimates, assumptions and/or projections regarding the industry, business, future operating results, potential acquisitions and anticipated cash requirements) may be forward-looking statements. Words such as "should," "may," "will," "anticipate," "expect," "project," "target," "intend," "plan," "believe," "seek," "estimate," "assume," "could," "continue" and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are based on management's current assumptions, expectations and/or beliefs, are not guarantees of future performance and are subject to substantial risks, uncertainties and changes that could cause actual results to differ materially from the results projected, expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the section entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2022 and June 30, 2022, and those described from time to time in our filings with the Securities and Exchange Commission. Many of these risk factors are outside of our control, and as such, they involve risks which are not currently known that could cause actual results to differ materially from those discussed or implied herein. The forward-looking statements in this press release are made as of the date on which they are made and we do not undertake to update any forward-looking statements.
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SOURCE KAR Auction Services | https://www.mysuncoast.com/prnewswire/2022/08/16/kar-global-announces-early-results-cash-tender-offer-notes/ | 2022-08-16T12:00:25Z |
The collaboration will enable researchers to remotely access consenting participants' electronic health data, improving the cost and quality of patient monitoring
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- ProofPilot, the digital protocol automation platform for clinical trials, and Human API, the industry-leading platform enabling life sciences organizations to connect and convert consumer health data into actionable health intelligence, today announced a collaboration that will allow researchers to digitally access consenting participants' electronic medical records (EMRs) through the ProofPilot platform. This partnership will provide a much-needed solution for the highly-complex research industry to improve recruitment and remotely monitor clinical trial data in a more productive and cost-effective way.
The integration between ProofPilot and Human API allows participants to remotely opt into a process to locate, authenticate, and provide access to the EMRs from their original HCP or the study site in a secure, compliant manner through the convenience of their mobile device, enabling two novel capabilities in recruitment and monitoring. For recruitment, clinical site staff can now more thoroughly pre-screen patients in an evidence-based way, prior to the formal screening visit, to vastly improve the screen-fail ratio and reduce the wasted efforts and time of patients and staff when the study is not a good fit.
Additionally, clinical research monitors (CRAs) can remotely monitor the source documents of a clinical trial side-by-side with the study data on demand, eliminating costly travel and other non-value-added activities.
"Evaluation of prospective patients in research that don't end up qualifying is a huge pain point for sites and patients in both time and cost. Meanwhile, clinical monitoring remains by far the biggest line item in the research budget," said Joseph Kim, Chief Strategy Officer at ProofPilot. "With Human API's approach to digitally allow participants to provide access to electronic medical records, our platform can help to greatly improve two of the biggest problems in research conduct today."
Source Document Verification (SDV) remains the most costly component of a clinical trial, due to costs for site visits and downtime of CRA travel. Thus far, most Remote Source Document Verification (rSDV) solutions focus on burdensome document uploads or difficult third-party access to local EMR systems. ProofPilot's partnership with Human API will finally create a path for life science sponsors to reduce or eliminate costs for SDV by offering a comprehensive set of capabilities to perform rSDV.
Patients will also benefit as the burden normally required to collate this information on their own will disappear. Additionally, having accurate medical records on hand by the study staff decreases the likelihood of any safety issues attributable to missing or forgotten details about medical history or drugs currently being prescribed.
"Human API is committed to being the leading platform to engage patients and facilitate the connection, conversion, and sharing of consented health data for clinical trials, patient registries, and patient support programs," said Christian Wieland, Chief Product Officer from Human API. "We're thrilled to be partnering with ProofPilot for this important work, which will play a key role in advancing clinical research for life sciences organizations, ultimately enabling potentially life-saving interventions to get to market faster."
About ProofPilot
ProofPilot supports clinical trials with the industry's first fully automated digital protocol platform. The platform orchestrates stakeholder tasks and optimizes clinical workflows, improving stakeholder experiences and data quality. The elimination of guesswork and research protocol deviations creates high-performance experiences for sites and patients. Founded in 2014, ProofPilot was one of the first global digital clinical trial solutions allowing virtual, hybrid, and in-person research offerings with its patient and site Co-Pilot packages. To learn more, visit https://www.proofpilot.com/.
About Human API
Human API is on a mission to radically accelerate the pace of innovation with a Patient Engagement and Health Intelligence Platform that connects and converts health data from electronic health records (EHRs) networks, HIEs, patient portals, medical record retrieval vendors, pharmacies, labs, wearable devices, and fitness apps into actionable health intelligence. The company gives patients a simple way to authorize and share health data with companies building new digital services and products. Human API is serving 100+ customers and powers leading solutions built by fast-growing startups and Fortune 500 companies in the insurance, life sciences, health plan, health identity management, and digital health markets. For more information, visit www.humanapi.co.
Stay up-to-date on ProofPilot news at: https://www.linkedin.com/company/proofpilot
Media Contact
EvolveMKD
ProofPilot@EvolveMKD.com
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SOURCE ProofPilot | https://www.wibw.com/prnewswire/2022/08/31/proofpilot-announces-partnership-with-human-api-advance-patient-screening-clinical-monitoring-research/ | 2022-08-31T13:28:49Z |
DENVER, April 29, 2022 /PRNewswire/ -- Today, the Clough Global Equity Fund (NYSE-MKT: GLQ) (the "Fund"), a closed-end fund, paid a monthly distribution on its common stock of $0.1162 per share to shareholders of record at the close of business on April 19, 2022.
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. The Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last business day of the month prior to distribution record date.
Past performance is not indicative of future results.
^ Based on the Fund's NAV as of March 31, 2022.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2021 through April 29, 2022.
*Cumulative fiscal year-to-date return is based on the change in NAV including distributions paid and assuming reinvestment of these distributions and that all rights in the Fund's rights offering were exercised, for the period November 1, 2021 through March 31, 2022.
**The 5 year average annual total return is based on change in NAV including distributions paid and assuming reinvestment of these distributions and that all rights in the Fund's rights offering were exercised, as of the last business day of the month prior to the month of the current distribution record date.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
ALPS Portfolio Solutions Distributor, Inc. FINRA Member Firm.
Clough Global Equity Fund (NYSE-MKT: GLQ)
1290 Broadway, Suite 1000
Denver, CO 80203
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SOURCE Clough Global Equity Fund | https://www.wibw.com/prnewswire/2022/04/29/clough-global-equity-fund-section-19a-notice-statement-pursuant-section-19a-investment-company-act-1940/ | 2022-04-29T11:11:09Z |
LIAOCHENG, China, July 26, 2022 /PRNewswire/ -- Under the guidance of the International Exchange and Cooperation Bureau of the Ministry of Culture and Tourism and the International Cooperation Department of the National Radio and Television Administration, the launching ceremony for China's Grand Canal Overseas Tourism Promotion Season 2022 was held recently in Liaocheng, the Water City to the north of the Yangtze River. The event was hosted by the Network of International Culturalink Entities and Departments of Culture and Tourism of eight provinces along the Canal, and organized by the CPC Liaocheng Municipal Committee and the People's Government of Liaocheng.
With the theme "Touring the ancient Canal and enjoying the beauty of its intangible cultural heritage", the main purpose of the launching ceremony was to showcase and promote the Canal culture by demonstrating the charm of this historic Canal, according to the Foreign Affairs Office of the People's Government of Liaocheng.
At the ceremony, representatives from the Network of International Culturalink Entities and the National Academy of Chinese Theatre Arts signed a strategic cooperation agreement; attendees watched a highlight video of the event; and Liaocheng's 12 key cultural tourism projects were signed.
During the ceremony, a variety of other activities were held, such as the Grand Canal Handicraft Exhibition, the Grand Canal and Yellow River Painting and Calligraphy Exhibition, the Grand Canal and Yellow River Cultural Tourism Photography Exhibition, and the Promotion of the Grand Canal City.
Over recent years, Liaocheng has achieved great results in its transformation into a stellar city by showing the cultural and modern value of the Yellow River and the Grand Canal, and demonstrating the unique charm in the combination of the agricultural and commercial sectors.
Image Attachments Links:
Link: http://asianetnews.net/view-attachment?attach-id=426292
Caption: The launching ceremony for China's Grand Canal Overseas Tourism Promotion Season 2022
Link: http://asianetnews.net/view-attachment?attach-id=426295
Caption: The Grand Canal runs through the city.
Link: http://asianetnews.net/view-attachment?attach-id=426296
Caption: Key projects are being signed.
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SOURCE Foreign Affairs Office of the People's Government of Liaocheng | https://www.mysuncoast.com/prnewswire/2022/07/26/ceremony-launch-chinas-grand-canal-overseas-tourism-promotion-season-2022-took-place-liaocheng/ | 2022-07-26T14:53:21Z |
Bioretec Ltd Company announcement 8 September 2022 at 5.00 p.m. EET
TAMPERE, Finland, Sept. 8, 2022 /PRNewswire/ -- The European Patent Office has announced to approve Bioretec Oy's hybrid composite material patent application EP3782657A1 and will grant and publish the patent after the Company's confirmation.
Approved patent concerns magnesium-based reinforced composite material, i.e., hybrid composite. The patent also includes the usage of the hybrid composite material in the manufacturing of a medical device or a part of such a device.
The patented hybrid composite material will be used in those products of Bioretec's RemeOs™ product family that require very high load-bearing capacity. Targeted applications include intramedullary nails in the long bones of the upper and lower extremities and implants for spinal fusion. The hybrid composite material biodegrades in the body similarly as the RemeOs™ magnesium alloy material and is replaced by bone while promoting fracture healing, thus eliminating the need for implant removal surgery.
The patent application process for the hybrid composite material in regions outside of Europe continues based on the international PCT patent application WO2021032882A1 and the Company will inform about patent approvals in other regions as the application process progress.
Further enquiries
Timo Lehtonen, CEO, p. +358 50 433 8493
Johanna Salko, CFO, p. +358 40 754 8172
Information about Bioretec
Bioretec is a globally operating Finnish medical device company that continues to pioneer the application of bioresorbable orthopedic implants. The company has built unique competencies in the biological interface of active implants to enhance bone growth and accelerate fracture healing after orthopedic surgery. The products developed and manufactured by Bioretec are used worldwide in approximately 40 countries.
Bioretec is developing the new RemeOs™ product line based on a magnesium alloy and hybrid composite, introducing a new generation of strong bioresorbable materials for enhanced surgical outcomes. The RemeOs™ implants are resorbed and replaced by bone, which eliminates the need for removal surgery while facilitating fracture healing. The combination has the potential to make titanium implants redundant and help clinics reach their Value-Based Healthcare targets while focusing on value for patients through efficient healthcare. With the U.S. and EU market authorization for the first RemeOs™ product expected in 2022, Bioretec is positioning itself to enter the addressable USD 7 billion global orthopedic trauma market and become a game changer in surgical possibilities.
Better Healing - Better Life. www.bioretec.com.
This information was brought to you by Cision http://news.cision.com
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SOURCE Bioretec | https://www.mysuncoast.com/prnewswire/2022/09/08/bioretecs-hybrid-composite-patent-has-been-approved-europe/ | 2022-09-08T15:16:16Z |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Cowen Inc. ("Cowen" or the "Company") (NASDAQ: COWN) in connection with the proposed acquisition of the Company by TD Bank Group (TSX: TD). Under the terms of the merger agreement, the Company's shareholders will receive $39.00 in cash for each share of Cowen common stock owned. The transaction is valued at approximately $1.3 billion.
If you own Cowen shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/cown
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) Cowen's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $39.00 per-share merger consideration adequately compensates Cowen's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. Notably, the merger consideration is below the $40.00 median price target set by analysts, and at least one analyst set a price target for the Company of $60 per share, $21.00 above the per-share merger consideration.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law | https://www.wibw.com/prnewswire/2022/08/02/shareholder-alert-weiss-law-investigates-cowen-inc/ | 2022-08-02T20:00:20Z |
NWSL commissioner: Suspension a sign new protections working
By ANNE M. PETERSON
AP Sports Writer
James Clarkson of the Houston Dash is the latest National Women’s Soccer League coach to face allegations of misconduct like those that have hung over the league since last year. The Dash suspended Clarkson after the team received a report on a joint investigation by the National Women’s Soccer League and its players’ association into alleged discrimination, harassment and abuse. Clarkson is the longest-tenured coach in the league. | https://localnews8.com/sports/ap-national-sports/2022/04/27/nwsl-commissioner-suspension-a-sign-new-protections-working/ | 2022-04-27T23:45:18Z |
Initiated dosing of subjects and enrollment ongoing in the first-in-human clinical study of PH-762 for the treatment of advanced melanoma; expect to announce top-line data from the first group of subjects in Q1 2023
Expects to initiate a clinical trial evaluating the use of PH-762 and "double positive" tumor infiltrating lymphocytes ("DP TILs") in adoptive cell therapy ("ACT") in Q4 2022 in partnership with AgonOx
Expects to finalize IND-enabling studies for PH-894 in Q4 2022
Controlled R&D spending in the first half of the year with reduced net loss per share versus same period last year; expects current cash to fund planned operations to Q4 2023
MARLBOROUGH, Mass., Aug. 11, 2022 /PRNewswire/ -- Phio Pharmaceuticals Corp. (Nasdaq: PHIO), a clinical stage biotechnology company developing the next generation of therapeutics based on its proprietary self-delivering RNAi (INTASYL™) therapeutic platform, today reported its financial results for the quarter ended June 30, 2022 and provided a business update.
Logo - https://mma.prnewswire.com/media/786567/Phio_Pharmaceuticals_Logo.jpg
"We are pleased to have initiated our first-in-human clinical trial of PH-762, while maintaining our spending in the first half of the year. This clinical trial evaluates the safety, tolerability, pharmacokinetics and checkpoint anti-tumor activity of PH-762 in a neoadjuvant setting in subjects with advanced melanoma. This study will feature a dose escalation of PH-762 with top-line data from the first group of patients expected in the first quarter of 2023," said Dr. Geert Cauwenbergh, Principal Executive Officer of Phio. "We look forward to achieving a number of milestones during the second half of 2022, including the planned initiation of our first clinical trial in ACT with PH-762 in partnership with AgonOx, Inc. This trial will evaluate the safety, tolerability and efficacy of DP TILs treated with PH-762 in subjects with advanced metastatic melanoma. We also continue to generate promising new data for our preclinical programs, both in collaboration with our partners and on our own. We expect to present these new data during several presentations at major conferences in the second half of this year."
Quarter in Review and Recent Corporate Updates
- Initiated dosing of subjects and enrollment ongoing in a Phase 1b clinical study to evaluate the safety, tolerability, pharmacokinetics and anti-tumor activity of PH-762 in a neoadjuvant setting in subjects with advanced melanoma.
- Presented new preclinical data at the American Society of Gene & Cell Therapy (ASGCT) 25th Annual Meeting which show silencing BRD4 with PH-894, a self-delivering RNAi INTASYL compound, can be used to improve the characteristics of CAR-T cell products during the activation and expansion phases of the cell manufacturing process.
- Presented a trial-in-progress poster describing the study outline of a Phase 1b clinical trial of PH-762, a self-delivering RNAi targeting PD-1, for the treatment of advanced melanoma at the 2022 American Society of Clinical Oncology (ASCO) annual meeting. As there is currently no neoadjuvant standard of care for resectable advanced melanoma patients, neoadjuvant treatment with PH-762 provides an alternative therapeutic option to treat these patients.
Upcoming Pipeline Milestones
- Plans to initiate a clinical trial evaluating the use of PH-762 and DP TILs in ACT during the fourth quarter of 2022 in partnership with AgonOx, Inc.
- Expects to finalize IND-enabling studies for PH-894 in the second half of 2022.
- Expects to report top-line data from the first group of subjects with advanced melanoma in the clinical trial for PH-762 in the first quarter of 2023.
- Additional data publications on the Company's pipeline programs.
Financial Results
Cash Position
At June 30, 2022, the Company had cash of $18.0 million as compared with $24.1 million at December 31, 2021. The Company expects its current cash will be sufficient to fund currently planned operations to the fourth quarter of 2023.
Research and Development Expenses
Research and development expenses decreased 16% to approximately $1.3 million for the quarter ended June 30, 2022, compared with approximately $1.6 million for the quarter ended June 30, 2021. The decrease in research and development expenses was primarily due to the completion of the preclinical studies with PH-762 required for the Company's clinical trial as a direct therapeutic and the manufacturing costs of PH-894 in the prior year period offset by an increase in personnel-related expenses as a result of a higher headcount.
General and Administrative Expenses
General and administrative expenses increased 8% to approximately $1.2 million for the quarter ended June 30, 2022, compared with approximately $1.1 million for the quarter ended June 30, 2021. The increase in general and administrative expenses was primarily due to a total net increase in payroll and executive search-related expenses as a result of the departure of the Company's CEO.
Net Loss
Net loss decreased 6% to approximately $2.5 million, or $0.19 per share, for the quarter ended June 30, 2022, compared with $2.7 million, or $0.20 per share, for the quarter ended June 30, 2021. The decrease in net loss was primarily attributable to the decrease in research and development, which was partially offset by an increase in general and administrative expenses as described above.
For the six months ended June 30, 2022, the Company saw a decrease of 15% in net loss to approximately $5.2 million, or $0.38 per share, compared with approximately $6.1 million, or $0.50 per share, for the six months ended June 30, 2021. The decrease in net loss was primarily attributable to a decrease in research and development expenses driven by the completion of the preclinical studies with PH-762 required for the Company's clinical trial as a direct therapeutic and the manufacturing costs for PH-762 and PH-894 offset by an increase in personnel-related expenses as a result of a higher headcount and increased third-party professional service fees as the Company prepared for and began its clinical trial with PH-762.
About PH-762
PH-762 activates immune cells to better recognize and kill cancer cells. It does so by reducing the expression of PD-1, a clinically validated target for immunotherapy. PD-1 is expressed by T cells and prevents them from killing cancer cells. When PH-762 reduces PD-1 expression, the "brakes" on the immune system are released and activates the T cells to kill the cancer cells. PH-762 is being developed as a standalone drug therapy with local intratumoral administration to a tumor. In addition, it is also being developed as a critical component of cellular immunotherapy, more specifically to improve tumor cell killing capability of adoptively transferred tumor infiltrating lymphocyte (TIL) therapy.
About PH-894
PH-894 silences the epigenetic protein BRD4, which is an intracellular regulator of gene expression that impacts cell differentiation, and hence, cell function. Like other epigenetic targets, BRD4 is a protein that has been shown to be difficult to target with current drug modalities. Since BRD4 is an intracellular protein, antibody therapies cannot be used and small molecule inhibitors tested to date typically lack the required specificity. PH-894 is being developed as a standalone drug therapy with local intratumoral administration to a tumor. In addition, it is also being developed as a critical component of cellular immunotherapy.
About Phio Pharmaceuticals Corp.
Phio Pharmaceuticals Corp. (Nasdaq: PHIO) is a clinical stage biotechnology company developing the next generation of immuno-oncology therapeutics based on its self-delivering RNAi (INTASYL™) therapeutic platform. The Company's efforts are focused on silencing tumor-induced suppression of the immune system through its proprietary INTASYL platform with utility in immune cells and the tumor microenvironment. Our goal is to develop powerful INTASYL therapeutic compounds that can weaponize immune effector cells to overcome tumor immune escape, thereby providing patients a powerful new treatment option that goes beyond current treatment modalities. For additional information, visit the Company's website, www.phiopharma.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "intends," "believes," "anticipates," "indicates," "plans," "expects," "suggests," "may," "would," "should," "potential," "designed to," "will," "ongoing," "estimate," "forecast," "target," "predict," "could" and similar references, although not all forward-looking statements contain these words. Forward-looking statements are neither historical facts nor assurances of future performance. These statements are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results may differ materially from those indicated in the forward-looking statements as a result of a number of important factors, including, but not limited to, the impact to our business and operations by the ongoing coronavirus pandemic, military conflict between Ukraine and Russia, inflationary pressures, rising interest rates, recession fears, the development of our product candidates, results from our preclinical and clinical activities, our ability to execute on business strategies, our ability to develop our product candidates with collaboration partners, and the success of any such collaborations, the timeline and duration for advancing our product candidates into clinical development, the timing or likelihood of regulatory filings and approvals, the success of our efforts to commercialize our product candidates if approved, our ability to manufacture and supply our product candidates for clinical activities, and for commercial use if approved, the scope of protection we are able to establish and maintain for intellectual property rights covering our technology platform, our ability to obtain future financing, market and other conditions and those identified in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q under the caption "Risk Factors" and in other filings the Company periodically makes with the SEC. Readers are urged to review these risk factors and to not act in reliance on any forward-looking statements, as actual results may differ from those contemplated by our forward-looking statements. Phio does not undertake to update forward-looking statements to reflect a change in its views, events or circumstances that occur after the date of this release, except as required by law.
Contact Phio Pharmaceuticals Corp.
ir@phiopharma.com
Investor Contact
Ashley R. Robinson
LifeSci Advisors
arr@lifesciadvisors.com
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SOURCE Phio Pharmaceuticals Corp. | https://www.kxii.com/prnewswire/2022/08/11/phio-pharmaceuticals-reports-second-quarter-2022-financial-results-provides-business-update/ | 2022-08-11T21:25:10Z |
SEOUL, South Korea, June 27, 2022 /PRNewswire/ -- KONPAY, a blockchain payment platform specialized for online and offline payments, listed KON Coin on the global digital asset exchange Bybit on June 22. KON Coin will be used in the KONPAY network and will also be used for payment purposes.
KONPAY, a blockchain-based integrated payment service, is simpler, cheaper, and faster than the existing settlement period for P2P remittance and payment between merchants.
This was possible because the role of many existing middlemen was eliminated by applying blockchain technology.
In addition to the settlement cycle, it is possible to minimize the costs incurred in the settlement and deposit stages, thereby lowering merchant fees and providing various benefits such as a 5% discount to consumers.
Also, for convenience, KONPAY can use Bitcoin, Ethereum, and various points in addition to KON Coin, and plans to support payment with NFC and QR code at KSNET+online and offline affiliated stores.
Overseas business is also increasing partnerships. KONPAY will be used as a simple payment platform that consumers can easily use at online/offline stores in Vietnam through a business partnership with Vietnam Tourism Organization and Vietnam PG company Paytech. It will also be used as a pay platform for tourism projects in both countries.
To commemorate the listing of KONPAY, Bybit, a global digital asset exchange, will hold a Bybit saving event from June 22, 2022 to July 19, 2022.
After that, an airdrop event where you can receive 20,000 USDT by participating in a simple mission will be held from June 22 to July 22, 2022. More information can be found on KONPAY Telegram community.
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SOURCE KONPAY | https://www.wibw.com/prnewswire/2022/06/28/blockchain-payment-platform-konpay-hot-debut-bybit/ | 2022-06-28T05:11:36Z |
The unofficial start of summer over the Memorial Day weekend offers a troubling glimpse of what lies ahead for travelers during the peak vacation season.
U.S. airlines canceled more than 2,800 flights from Thursday through Monday, or about 2% of their schedules, according to tracking service FlightAware.
Delta Air Lines, usually among the top performers, had the worst record among major carriers with more than 800 canceled flights over the five-day span.
“This was a chance for airlines to show that last summer’s delays would not be repeated this summer, and yet, it was not to be,” said Helane Becker, an analyst for banking firm Cowen. She blamed the disruptions on bad weather, air traffic control delays, airline crew members calling in sick, and long security lines at some airports.
“We expect a busy summer, and are concerned about the industry’s ability to handle the demand,” Becker said.
When asked to comment Tuesday about its weekend troubles, Delta pointed to a statement it issued last week, when it said it faced challenges including rising COVID-19 cases among workers.
Delta ran 13% more flights in May than it did a year ago, but it announced last week that it would trim its schedules for July and August by up to 3% to make the remaining flights more reliable. The pilots’ union said it has warned the airline for months about crew shortages.
“We understand our customers’ frustration, especially over the weekend,” said Evan Baach, a Boeing 767 captain at Delta and an official with the Air Line Pilots Association. “Delta has just not properly staffed the airline with pilots for the number of flights they want to fly.”
The good news was that flight cancellations were down sharply on Tuesday. FlightAware reported only about 80 by late afternoon on the East Coast.
Various forecasts of high numbers of travelers over the weekend proved to be accurate. The Transportation Security Administration reported screening more than 11 million people at airport checkpoints from Thursday through Monday.
That was down 9% from the same days in 2019, but an increase of almost 25% over last year. Crowds of just under 2.4 million on both Thursday and Friday nearly matched the pandemic high set on the Sunday after Thanksgiving last year.
That meant many flights were packed, too, because airline schedules still have not returned to pre-pandemic levels, according to figures from travel-research firm Cirium.
The U.S. airline industry hopes to push passenger numbers higher, in part by removing one of the last U.S. pandemic-related travel restrictions. Industry representatives said they met Tuesday with White House officials to repeat their request to end the requirement that travelers test negative for COVID-19 within a day of flying into the United States.
Trade group Airlines for America said its member airlines estimate that lifting the requirement would lead to 4.3 million more international passengers over one year. Airlines believe many Americans are unwilling to travel overseas because they could be stranded if they contract the virus on their trip. | https://cw33.com/business/ap-business/canceled-flights-mar-first-weekend-of-summer-for-travelers/ | 2022-06-01T01:57:15Z |
— Three Franchisees Expand Current Territories Amid Summer-Travel Spike, Creating Healthy Vehicle Interiors for Road-Trippers and Commuters —
DALLAS , July 13, 2022 /PRNewswire/ -- NuVinAir, which offers a suite of patented and proprietary products that safely create healthy vehicle interiors, today announced the company's expansion of its franchise program to new territories, adding Louisiana and Illinois as the 31st and 32nd state, respectively. The following franchise groups will bring the innovative products to new territories across the country:
- NuVinAir North's Jason Freeland (currently serving Minnesota and Wisconsin) will expand to Chicago and northern Illinois, his second expansion
- NuVinAir Southeast's Susan and Bobby Hanley (currently serving Alabama, the Florida Panhandle, and Mississippi) will expand to Louisiana regions in New Orleans and Baton Rouge and additional territories in Mississippi
- NuVinAir CGR's Brad Scott (currently serving Charlotte-Greenville-Raleigh) will expand to Winston-Salem, Wilmington, Jacksonville, and Fayetteville, NC
"I have been in the automotive space for over 20 years and have never seen a more effective solution for odor remediation than NuVinAir, especially during an unprecedented era when cleanliness is paramount," said Susan Hanley. "Since first franchising these products in 2020, we've been revolutionizing the Southeast's automotive market by giving drivers healthier, safer, and more confident commutes, which we can do even more successfully through our recent territory expansion."
Among NuVinAir's product offerings is its autonomous Cyclone treatment, the safest, fastest, and most effective way to provide healthy, clean vehicle interiors. The Cyclone is used with ReFresh and ReStore, respectively, to freshen a vehicle's interior, as well as eliminate extreme odor and reset the vehicle to a like-new condition. As part of the product portfolio, ReKlenz-X is a high-performance stain remover and an EPA-approved, eco-friendly disinfectant that kills 99.9% of germs, bacteria, and viruses on vehicle surfaces. Also rounding out the offerings, ReNuSurface is an eco-friendly, all-in-one cleaner that replaces multiple products and saves on supply costs.
"We treat our franchise groups as true business partners," said Marty Schoenthaler, Chief Franchise Officer of NuVinAir. "Given the ongoing shortage of rental cars, especially amid the huge spike in summer travel, there's a good reason why a majority of our franchise network has expanded their original territories to grow further with us."
Based in Dallas and founded in 2019, NuVinAir is a franchise-supported company that creates healthy vehicle interiors for the automotive industry. With cleaning innovation and patented technology, the market leader caters to rental-car companies, dealerships, and other automotive businesses. Products and programs are sold through its franchisees, who own exclusive rights to their defined territories. To learn more about NuVinAir, visit nuvinair.com and follow their blog nuvinair.com/blog/.
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SOURCE NuVinAir | https://www.wibw.com/prnewswire/2022/07/13/automotive-industry-pioneer-nuvinair-grows-footprint-32-states-nationwide/ | 2022-07-13T12:32:04Z |
NEW YORK, May 19, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for EA, C, AAPL, AMD, and WMT.
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- EA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=EA&prnumber=051920224
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- AMD: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=AMD&prnumber=051920224
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SOURCE InvestorsObserver | https://www.kxii.com/prnewswire/2022/05/19/thinking-about-trading-options-or-stock-electronic-arts-citigroup-apple-advanced-micro-devices-or-walmart/ | 2022-05-19T14:14:09Z |
New Units with Innovative, Smart and Sustainable Design, Launch in California
ATLANTA, July 18, 2022 /PRNewswire/ -- Rheem®, a leading global manufacturer of water heating and HVACR products, is launching two versions of the 120-Volt ProTerra® Plug-in Heat Pump Water Heater. Providing advanced solutions for California contractors and homeowners seeking a drop-in gas replacement, the ProTerra Plug-in Heat Pump Dedicated and Shared Circuit models boast high-efficiency performance, up to five times of a standard gas water heater, without the need to upgrade the electrical panel for 240V hardwired service.
With sustainability at the forefront of these innovative designs, the ProTerra Plug-ins' industry-first 120V Heat Pump technology results in installations with minimal to no electrical work. The 120V ProTerra Plug-in is available in two versions, allowing users to explore the Dedicated Circuit or Shared Circuit models. The Dedicated Circuit model offers the largest compressor in the industry and delivers the fastest heat pump water heater (HPWH) recovery on the market, performing similarly to a standard gas water heater. The Shared Circuit design offers HydroBoost mixing valve that extends the hot water in the tank for maximum output performance and requires no electrical work.
"The 120V ProTerra Plug-in models are a gamechanger for California," said Ankur Maheshwari, Director of Global Product Management and Decarbonization Lead at Rheem. "Many cities throughout the state have gas bans and efficiency requirements, which make HPWH the ideal option for new construction and replacement. Rheem provides our California customers with a comprehensive solution to meet both their sustainability goals and hot water performance needs."
Market demands and ongoing feedback from plumbing partners served as the catalysts for the latest expansion of the ProTerra family of HPWH. With minimal clearance requirements and the ability to fit in a standard tank footprint, the units were designed for quick and easy retrofit installation, effortlessly fitting in tight spaces.
The ProTerra Plug-in models utilize the Rheem EcoNet® app's Wi-Fi controls, allowing for convenient operation and monitoring. Capabilities include adjusting water temperature, scheduling and tracking energy usage from a smart phone. The EcoNet app will also alert users with updates on the unit's system health, with the goal of keeping hot water flowing in the home. The Shared Circuit model is demand response ready with built-in EcoPort (CTA-2045 port) which easily connects to utility programs for additional energy cost savings.
ProTerra Plug-in models are best suited for use in most regions of California where average ambient temperatures remain above 37° F throughout the year. Rheem provides an online selector tool to help homeowners identify their ideal HPWH solution. Homeowners and plumbing contractors in California can also benefit from incentive and rebate programs providing additional cost savings.
The development of ProTerra Plug-in HPWH technology began in 2019 with the roadmap to decarbonize California's buildings, which included plans to replace gas-burning appliances with electric versions (CA Title 20). Previously, HPWHs needed 240V hardwired service. Replacing a gas water heater with a 240V HPWH in older homes presents a challenge, as common 100-Amp electrical panels often have no capacity left to add high energy-draw appliances like a 30-Amp water heater. The 120V plug-in solves the electrical challenges of replacing a gas water heater.
Prior to its public release, performance of the 120V ProTerra Plug-in was validated in a field study facilitated by the Advanced Water Heating Initiative, a U.S. Department of Energy-affiliated collaborative that aims to realize the carbon and energy savings of HPWH by scaling adoption. In conjunction with public utilities like PG&E, SCE and SMUD, the trial leveraged a Rheem ProTerra Plug-in Heat Pump with HydroBoost and LeakGuard™ (a Shared Circuit model) as the first of 32 HPWHs that were installed in single family homes to prove they sufficiently met demand. Overall results of the study will be released following the completion of project's remaining installs, but the 120V ProTerra Plug-in units installed to-date have demonstrated they are an ideal, plug-and-play retrofit solution that deliver on homeowners needs.
ProTerra Plug-in comes with a 10-year limited tank and parts warranty. For more information, please visit www.rheem.com/ProTerra.
Founded in 1925, Rheem is America's #1 water-heating brand with products available in more than 80 countries. Paloma Co., Ltd.® of Nagoya, Japan, acquired the iconic Rheem brand in 1988. Today the company's portfolio of premium brands include Rheem®, Intergas, Friedrich, Raypak®, Ruud®, Eemax®, Richmond®, Splendid®, Solahart® and EverHot™ as well as commercial refrigeration brands Russell®, Witt®, ColdZone® and Kramer®, which are part of the Heat Transfer Products Group (HTPG®) division.
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SOURCE Rheem | https://www.wibw.com/prnewswire/2022/07/18/rheem-introduces-120-volt-proterra-plug-in-heat-pump-water-heaters/ | 2022-07-18T16:21:51Z |
MILWAUKEE, Sept. 2, 2022 /PRNewswire/ -- TKO Miller is pleased to announce the sale of Howard Precision Metals, Inc. (Howard), a value-added distributor of high-quality, precision-cut aluminum plate and extruded bar products, to Joseph T. Ryerson & Son, Inc. (Ryerson), a U.S. distributor of industrial metal products.
Founded in 1928, Howard is a third-generation, family-owned, distributor of high-quality aluminum products cut at extraordinarily tight tolerances. Headquartered in Milwaukee, Wisconsin, Howard distributes aluminum mill products with a focus on plate, bar, and custom extrusions for a broad and diversified customer base across numerous attractive and growing end markets, including aerospace, robotics, pneumatics, machinery, and tool and die.
Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China. Founded in 1842, Ryerson has around 4,000 employees in approximately 100 locations.
TKO Miller, LLC is an independent, advisory-focused, middle-market investment bank. With over 130 years of collective transaction experience, TKO Miller provides merger and acquisition and financial advisory services for privately held and private equity-owned businesses nationwide, with a special focus on family- and founder-held businesses.
TKO Miller aims to bring value to clients by combining outstanding people with a results-oriented, flexible approach to transactions. Our services include company sales, recapitalizations, asset divestitures, and management buyouts. TKO Miller has a generalist focus but has served clients in a wide range of industries, including manufacturing, business services, consumer products, and industrial products and services. For more information, visit our website www.tkomiller.com
CONTACT: Katie Yde, (414) 375-2660
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SOURCE TKO Miller | https://www.mysuncoast.com/prnewswire/2022/09/02/tko-miller-advises-howard-precision-metals-inc-its-sale-joseph-t-ryerson-amp-son-inc/ | 2022-09-02T14:22:51Z |
Warrants: 2 women arrested, charged in stabbing man accused of cheating
MYRTLE BEACH, S.C. (WMBF/Gray News) - South Carolina authorities say two women are facing assault charges after a man they both knew romantically was stabbed.
According to arrest warrants, 22-year-old Amber Mullins confronted her live-in boyfriend about cheating on her with 27-year-old Ashley Cline.
WMBF reports the two women found out that the boyfriend, who was not identified in the arrest warrants, was intimately involved with both of them.
On Sept. 8, Mullins and Cline reportedly then got into an argument with the man when Mullins got a knife from the kitchen.
According to the warrants, Mullins returned to the bedroom where Cline held the man down while Mullins stabbed him in the leg and neck.
Authorities said Mullins was charged with assault, battery and possession of a weapon. Cline was charged with assault and battery and released from jail on a $7,500 personal recognizance bond.
According to the South Carolina Judicial Department Public Index, Mullins was previously arrested in June on charges of attempted murder. She is accused of shooting at two people from her car. Authorities said she was out on home detention before this incident.
Copyright 2022 WMBF via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/09/14/warrants-2-women-arrested-charged-stabbing-man-accused-cheating/ | 2022-09-14T01:57:06Z |
ATLANTA, April 7, 2022 /PRNewswire/ -- Equifax® (NYSE: EFX) will announce its financial results for the first quarter ended March 31, 2022 in a release to be issued on April 20 after the market closes.
Equifax will host a conference call at 8:30 a.m. Eastern Time (ET) on April 21, in which senior management will discuss financial and business results for the quarter. Related presentation materials will be published on investor.equifax.com on April 21 at 6:30 a.m. ET.
Conference Call:
US/Canada: (877) 559-1190
International: (201) 389-0916
Please dial the appropriate number 5-10 minutes prior to the call to complete registration. Name and affiliation/company are required to join the call.
Webcast:
To view the webcast and slide presentation, please click the link and enter your information to be connected. The link becomes active 15 minutes prior to the scheduled start time.
An audio replay of the conference call will be available on investor.equifax.com beginning on April 22.
ABOUT EQUIFAX INC.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 13,000 employees worldwide, Equifax operates or has investments in 25 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com
FOR MORE INFORMATION
Kate Walker for Equifax
MediaInquiries@equifax.com
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SOURCE Equifax Inc. | https://www.mysuncoast.com/prnewswire/2022/04/07/equifax-announces-earnings-release-date-conference-call-first-quarter-2022-results/ | 2022-04-08T01:31:15Z |
HOUSTON, June 15, 2022 /PRNewswire/ -- CITGO Petroleum Corporation recently received three safety awards recognizing outstanding safety results in both its terminals and refining operations:
- CITGO terminals received the Safety Excellence Award from the International Liquid Terminals Association (ILTA) in recognition of standout safety performance in 2021. This is the most recent such award from ILTA, which has recognized CITGO for safety performance multiple times over the past decade.
- CITGO refineries in Lemont, Illinois and Corpus Christi, Texas both received the Safety Achievement Award from American Fuel & Petrochemical Manufacturers (AFPM). The award recognizes excellent safety performance across the oil and gas industry. This was the third consecutive year AFPM has recognized safety performance at CITGO refineries.
"Safety is the cornerstone of our operational excellence," said CITGO President and CEO Carlos Jordá. "We are honored to receive these distinguished awards as testament to our efforts in maintaining the highest standards of operational safety at our refineries and terminals."
CITGO operates three refineries with a combined crude capacity of 769,000 barrels-per day and wholly and/or jointly owns 38 active terminals and six pipelines, one of the largest distribution networks in the country.
"We strive to build a resilient safety culture throughout our operations," added Shane Moser, CITGO Vice President of Health, Safety & Environment. "ILTA and AFPM are champions of our industry, and their continued recognition of our safety culture is tremendously gratifying."
ILTA, representing companies and partnerships that operate bulk liquid storage terminals worldwide, advocates on behalf of the liquid terminal industry and maintains close working relationships with other organizations that interact with the tank storage industry.
AFPM is the leading national trade association representing fuel and petrochemical manufacturers. AFPM members make and transport the fuels that keep Americans moving and the petrochemicals that are essential building blocks for modern life.
About CITGO
Headquartered in Houston, Texas, CITGO Petroleum Corporation is a recognized leader in the refining industry with a well-known brand. CITGO operates three refineries located in Lake Charles, La.; Lemont, Ill.; and Corpus Christi, Texas, and wholly and/or jointly owns 38 active terminals, six pipelines and three lubricants blending and packaging plants. With approximately 3,300 employees and a combined crude capacity of approximately 769,000 barrels-per-day (bpd), CITGO is ranked as the fifth-largest, and one of the most complex independent refiners in the United States. CITGO transports and markets transportation fuels, lubricants, petrochemicals and other industrial products and supplies a network of approximately 4,400 locally owned and operated branded retail outlets, all located east of the Rocky Mountains. CITGO Petroleum Corporation is owned by CITGO Holding, Inc.
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SOURCE CITGO Corporation | https://www.mysuncoast.com/prnewswire/2022/06/15/citgo-receives-multiple-awards-safety-excellence/ | 2022-06-15T18:23:02Z |
CLEVELAND, July 15, 2022 /PRNewswire/ -- Demand for surface disinfectant wipes is expected to remain elevated through 2026 due to trends related to the COVID-19 pandemic, finds a new Freedonia Group analysis:
- While demand for surface disinfectant wipes fell in 2021 from the pandemic-induced spikes of 2020, it remained well above pre-COVID-19 levels; consumers and nonresidential end users continued to purchase these products to protect themselves from potential viral exposure.
- Major wipes suppliers have invested significantly in expanding their domestic production capacities for surface disinfectant wipes, in some cases enlisting contract manufacturers to help supplement their own lines.
It is expected that demand for surface disinfectant wipes will remain elevated as cleaning regimens in industrial and institutional settings that address healthcare associated infections (HAIs), foodborne illnesses, and other potential viruses continue to be rigorous. While consumer demand for these wipes will decline as households reorient their approach to reducing viral transmission, an expanded base of users will help demand remain above pre-pandemic levels.
US Demand for Wipes to Grow 2.3% Annually Through 2026
Demand for wipes is expected to advance 2.3% per year off a relatively high base to $4.3 billion in 2026. While this growth rate is relatively slow compared to historical norms, it stems from elevated market levels, as pandemic-related sales spikes for various wipes (notably disinfectant wipes in 2020), supply chain challenges, and higher raw material costs led prices for wipes to jump in 2020 and 2021, inflating market value in those years.
In unit terms, wipe demand growth will accelerate, supported by:
- consistent increases in the industrial and institutional market, with major submarkets like healthcare and foodservice returning to pre-pandemic levels of operation
- product development that improves the functionality and environmental profile of available personal care wipes, thereby increasing adoption among consumers
Want to Learn More?
Wipes provides historical data for 2011, 2016, and 2021 and forecasts for 2026 and 2030 for wipe demand in units and current dollars (which are not adjusted to account for inflation) by product (wet wipes and dry wipes), market, and application.
Markets (applications):
- baby wipes
- personal care (personal hygiene wipes, facial wipes, hand cleaning moist wipes and towelettes, medicated wipes, other)
- household care (general purpose cleaning wipes, floor care wipes, other)
- manufacturing (general purpose wipes, special purpose wipes)
- healthcare (patient care wipes, hard surface disinfectant wipes, skin disinfectant wipes ,other)
- commercial & industrial (foodservice wipes, other)
About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
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SOURCE The Freedonia Group | https://www.mysuncoast.com/prnewswire/2022/07/15/demand-surface-disinfectant-wipes-remain-elevated-due-covid-19/ | 2022-07-15T14:55:39Z |
Churches expect more members to attend armed after mass shootings
NASHVILLE, Tenn. (WSMV/Gray News) - A couple of alleged hate crimes committed over the weekend at a grocery store in New York and a church in California are leaving people on edge.
Some churches say they are expecting more members to start arming themselves when coming to worship.
One pastor told WSMV that due to recent violence nationwide, fewer people are coming to church and more are coming armed.
“A lot of people walk in doors now to worship, and they are armed because they are afraid,” Family Affairs Ministries Pastor Glenda Sutton said.
Sutton said violence at churches in recent years has had an impact on her organization.
“There are some sassy sisters holding their babies with pistols in their purses,” Sutton said. “Some grandmas have their bibles and making sure they have enough bullets.”
Sutton said she thinks even more of her members will start carrying after two alleged hate crimes over the weekend in other parts of the country.
On Saturday, 10 Black people were killed in a grocery store shooting in Buffalo, New York. On Sunday, one person was killed in a shooting at a Taiwanese church in Southern California.
“The men and fathers, I am certain, they are going to be more protective of their families,” Sutton said.
Sutton said incidents like these make it harder to welcome new church members.
“Are they here to worship or are they here to hurt me?” Sutton asked. “What social media platforms have they been on?”
Sutton shared her message to others.
“Love the hell out of everyone you encounter,” she said. “Maybe your love you’re sending out might reach the one who might harm somebody.”
Sutton said insurance companies are now requiring those working as armed security in churches be listed on the church’s policy.
Copyright 2022 WSMV via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/18/churches-expect-more-members-attend-armed-after-mass-shootings/ | 2022-05-18T20:39:57Z |
BEIJING , Aug. 4, 2022 /PRNewswire/ -- On July 29th, one industry leader in carrier-neutral hyperscale data center solutions, Chindata Group, and technical research partner, Vertiv Technology jointly released details of the world's first waterless cooling technology during the 2022 China Computing Conference. Coined "X-Cooling", the solution enables data centers to achieve zero WUE cooling, setting a new benchmark for the industry. Leveraging this technology will promote sustainability across the entire industry and lead to further innovation in the development of more efficient data centers.
Speaking at the 2022 China Computing Conference, Zhang Binghua, CTO of Chindata Group, said, "Carbon emissions, water and energy use are three areas which present a fundamental challenge for data centers. Together with the technical research and supply chain integration expertise of our partner Vertiv Technology, Chindata Group is very pleased to release details of 'X-Cooling,' the world's first waterless cooling technology. We believe this major innovation in the reduction of power usage effectiveness (PUE) and water use efficiency (WUE) for cooling will bring about a new paradigm for the development of green and other low-carbon technologies, enabling better use of land, energy, and water. At Chindata Group, we are passionate about promoting sustainability and efficient energy use."
As the world becomes more and more digitized, there is an increasing reliance on data centers and computing power to operate the growing digital economy. In storing massive amounts of data, data centers generate a large amount of heat, which has traditionally been dispersed by using water. As a result, data centers are commonly located in areas where both power and water supply are plentiful and cheap. This greatly narrows the range of suitable locations and puts more strain on existing centers to grow larger.
"X-Cooling" realizes waterless cooling through a complex coordination of software controllers and hardware induction technology which matches ambient temperatures to generate a natural cooling process that reduces energy consumption. The technology can also be fully adjusted to accommodate changing outdoor environments, indoor load changes, and features different operating modes to ensure better efficiency. The cooperation between software and hardware allows for real-time mapping of air volumes and cooling volumes. The technology can also ensure consistent operation with a one-click on/off switch in case of emergencies.
Compared with commonly used indirect evaporative air handling unit (AHU) technology, in rigorous testing scenarios, "X-Cooling" was able to achieve a pPUE <1.1 and WUE of 0. Per 100MW data center in Hebei, switching to 'X-Cooling' waterless cooling has the potential to save 1.2 million tons of water per year, which is equivalent to annual average water consumption of 10,000 four-person households. With energy and water use a growing concern for many industries and governments, 'X-Cooling' offers a solution for supporting sustainable growth of the digital economy.
About Chindata Group
Chindata Group is a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets and a first mover in building next-generation hyperscale data centers in China, India and Southeast Asia markets, focusing on the whole life cycle of facility planning, investment, design, construction and operation of ecosystem infrastructure in the IT industry. Chindata Group provides its clients with business solutions in major countries and regions in Asia-Pacific emerging markets, including asset-heavy ecosystem chain services such as industrial bases, data centers, network and IT value-added services.
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SOURCE Chindata Group | https://www.mysuncoast.com/prnewswire/2022/08/04/chindata-vertiv-release-x-cooling-worlds-first-zero-wue-waterless-cooling-technology/ | 2022-08-04T13:32:14Z |
9-8-8 suicide crisis hotline officially launches July 16
Governor Laura Kelly ceremoniously signs 9-8-8 Suicide Hotline bill
TOPEKA, Kan. (WIBW) - Anyone in need of help during a mental health crisis can soon call the National Suicide and Crisis Lifeline with only three numbers.
Kansas Governor Laura Kelly ceremoniously signed Senate Bill 19 in Wichita Monday, July 11, to officially make 9-8-8 the dialing code for the National Suicide and Crisis Lifeline.
The launch of the three-digit will begin Saturday, July 16, for anyone experiencing a mental health and substance abuse emergency 24/7.
“With 9-8-8, we are on the path to reversing our country’s mental health crisis and getting Kansans the help, they need,” Governor Kelly said. “Just as every American knows to call 9-1-1 in times of emergency, every American – and every Kansan – will soon know to call 9-8-8 when they or a loved one is facing a mental health or substance abuse crisis.”
At the signing ceremony, Governor Kelly said that by having a three-digit number to call, it makes it easier to get the help needed instead of remembering a 10-digit number.
“By having 988 available and making it so easy to remember, you know we’ve always had a suicide prevention hot line that’s been regularly a 10-digit number that nobody can remember,” Kelly said. “This way when somebody is going into a crisis they can just pick up the phone and call 988 or a family member can pick up the phone and call 988 and get help right away. Buying that much time can often prevent the suicide from happening.”
According to Governor Kelly’s office, anyone who calls the hotline in need will be offered a range of services. The individual can be connected to resources in their area and to available, in-person crisis centers near them.
They will also be routed to a local crisis specialist trained to assess and stabilize, while also providing referrals and follow-ups.
In order to fund the 988 lifeline, $10 million in general state funds will be designated to the lifeline each year on July 1, Since Gov. Kelly first signed S.B. 19 back in June.
Back in January 2022, Governor Kelly awarded the Kansas Department for Aging and Disability Services (KDADS) the Lifeline’s 9-8-8 State Planning Grant, so the department can create plans to build the hotline’s infrastructure.
“Kansas is the 14th state to fund 9-8-8 through legislation and we are excited for the national launch of 9-8-8,” KDADS Behavioral Health Services Commissioner Andrew Brown said. “KDADS has been working throughout the Kelly Administration to increase the infrastructure in Kansas for suicide prevention and crisis intervention in preparation for 9-8-8. This will be the first of several milestones that will help Kansans experiencing a crisis get improved access to the help they need during a crisis.”
KDADS, the Kansas Suicide Prevention HQ, Johnson Co. Mental Health, COMCARE of Sedgwick Co., HealthSource Information Solutions, and TBD Solutions LLC all partnered with state leadership to coordinate, develop, and fund the launch of 9-8-8, so anyone in a mental health crisis can have easy access.
Anyone can still call the 10-digit National Suicide Prevention Lifeline at 1-800-273-8255 after 9-8-8 is implemented, which will be available via call, text, or through a chat.
Gov. Kelly’s office also said that all phone service providers will be required to connect callers who dialed 9-8-8 to the lifeline.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/11/9-8-8-suicide-crisis-hotline-officially-launches-july-16/ | 2022-07-12T01:08:15Z |
Partnership Provides Ultra-Low Power and High-Performance Edge AI Solutions for ASIC Customers
SAN JOSE, Calif. and LAGUNA HILLS, Calif., May 26, 2022 /PRNewswire/ -- MegaChips, the leading custom ASIC company in Japan, and BrainChip Holdings Ltd, the world's first commercial producer of ultra-low power neuromorphic AI IP, formally announced a strategic partnership signed late last year. MegaChips, which recently announced its emergence into the U.S. custom ASIC market, will now leverage BrainChip Akida™ IP to provide U.S. customers with innovative applications across a wide variety of applications, such as consumer tech, telecom/network, industrial and automotive.
"By MegaChips partnering with BrainChip we can deliver customers highly sought-after edge AI solutions and expedite time to market," said Douglas Fairbairn, Director of Business Development for MegaChips LSI USA. "Together we plan to develop innovative LSIs as the silicon partner of BrainChip, helping take customers from ideation to silicon. This collaboration helps us achieve the goal of becoming the leading U.S. ASIC supplier for any customer looking to implement AI solutions at volume."
BrainChip deploys AI at the edge in a way that existing technologies cannot. The company's tech is both high-performance and ultra-low power, enabling a range of capabilities including on-chip, in-device one-shot learning. BrainChip's IP can be used in a wide range of applications from consumer electronics to industrial IoT to electric vehicles, and smart sensors that can detect and act on visual features, odors, taste, touch, and sound.
"The MegaChips and BrainChip partnership furthers both companies' mission to offer unprecedented products," said Rob Telson, BrainChip Vice President of Worldwide Sales and Marketing. "By providing Akida's on-chip learning and ultra-low power Edge AI capabilities as an integrated technology in MegaChips' ASIC solutions, we bring practical, cutting-edge capabilities to the edge that ensure power efficiency without compromising accuracy. This is an exciting collaboration from both a business and industry-propelling perspective."
About MegaChips LSI USA Corporation
MegaChips LSI USA in Campbell, California is a wholly owned subsidiary of MegaChips Corporation headquartered in Osaka, Japan. It is one of the world's leading custom ASIC providers for consumer, telecom/network, industrial and automotive applications. MegaChips has over 30 years in business and has successfully completed more than 1,500 ASIC projects. MegaChips operates as an extension of our customers' design teams, to provide a whole solution from concept-to-silicon and has recently expanded to address the growing global demand for embedded AI solutions. With a strong emphasis on cost effectiveness, delivery schedule, and product quality, MegaChips is ISO9001 certified and ensures the highest levels of intellectual property security.
Follow MegaChips LSI USA on their website, LinkedIn, Twitter, and Facebook for more information.
About BrainChip Holdings Ltd (ASX: BRN) (OTCQX: BRCHF) (ADR: BCHPY)
BrainChip is the worldwide leader in edge AI on-chip processing and learning. The company's first-to-market neuromorphic processor, Akida™, mimics the human brain to analyze only essential sensor inputs at the point of acquisition, processing data with unparalleled efficiency, precision, and economy of energy. Keeping machine learning local to the chip, without the need to access the cloud, dramatically reduces latency while improving privacy and data security. In enabling effective edge compute to be universally deployable across real-world applications, such as connected cars, consumer electronics and industrial IoT, BrainChip is proving that on-chip AI close to the sensor is the future for customers' products as well as the planet. Explore the benefits of Essential AI at www.brainchip.com.
Follow BrainChip on Twitter: https://www.twitter.com/BrainChip_inc
Follow BrainChip on LinkedIn: https://www.linkedin.com/company/7792006
All registered or unregistered trademarks are the sole property of their respective owners.
MegaChips Media Contact
Lauren Chouinard
FortyThree, Inc.
lauren@43pr.com
831.621.5661
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SOURCE MegaChips | https://www.mysuncoast.com/prnewswire/2022/05/26/megachips-forms-strategic-partnership-with-brainchip/ | 2022-05-26T13:30:51Z |
GRAPHIC: Man gets 27 years in prison for hiring woman to create torture videos for his sexual pleasure
WARNING: The details in this story may be disturbing to readers.
(Gray News) – A Vermont man has been sentenced to 27 years in prison for a brutal murder-and-kidnap-for-hire scheme in which he paid a woman in Venezuela to make snuff videos of children and adults for his sexual pleasure.
The United States Department of Justice announced the sentencing Wednesday for 38-year-old Sean Fiore.
According to court documents, Fiore paid a woman in Venezuela $600 to make a video that showed the “sadistic abuse” of a young child. After Fiore received that video, he then paid the woman $4,000 for another video, this time involving an adult victim in which Fiore demanded the victim be killed.
The DOJ said for the second video, Fiore sent the woman a 600-word script with details of exactly what he wanted the video to show, including her hitting and kicking the victim, burning him with cigarettes, urinating and defecating on him, filling his mouth with feces, wrapping his head with plastic, and smothering him to death by sitting on his face. Fiore then received a 58-minute video, in which, at the end, the adult male victim appeared to be dead.
Court documents also show that Fiore possessed other videos and images depicting “sadistic sexual abuse” of young children.
Fiore pleaded guilty in October 2021 to conspiracy to kidnap and kill a person overseas, murder-for-hire, conspiracy to produce child pornography, and possession of child pornography. He was sentenced Wednesday to 27 years in prison.
“Fiore committed some of the darkest, most heinous deeds humanity can imagine,” said Special Agent in Charge Matthew Millhollin for HSI in New England. “Today’s sentence ensures that he will be locked away, unable to repeat the depraved crimes he has admitted to. We are grateful to our partners here in Vermont and around the world who worked tirelessly alongside us to investigate and prosecute this case.”
The woman in Venezuela, identified as Moraima Escarlet Vasquez Flores, 39, of Colombia, is charged with conspiracy to murder and kidnap a person in a foreign country, conspiracy to produce child pornography, production of child pornography, and aiding and abetting the receipt of child pornography. She was arrested in Colombia in September 2020, and Colombia recently approved her extradition to the U.S.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/03/31/graphic-man-gets-27-years-prison-hiring-woman-create-torture-videos-his-sexual-pleasure/ | 2022-04-02T08:54:18Z |
Contract to explore resource recovery and renewable energy hub transformation
DALLAS, June 1, 2022 /PRNewswire/ -- Jacobs (NYSE:J) has been selected by the New York City Department of Environmental Protection (DEP) to study the feasibility of consolidating four aging wastewater resource recovery facilities into a new state-of-the-art one billion+ gallon-per-day facility on New York's Rikers Island.
Jacobs, in association with a New York-centric team of specialized subconsultants, will blend local insights and creative talents in this study to reimagine NYC's wastewater infrastructure and community landscape.
The Renewable Rikers Act directs the DEP to study the feasibility of dedicating Rikers Island for sustainability and resiliency purposes, including renewable energy generation and storage, wastewater treatment and organic waste processing. The contract for this project will start in April 2022 and end in October 2023.
Closing the Rikers complex permanently and redeveloping the 413-acre island would offer an opportunity for renewal and transformation within the surrounding communities, while freeing up valuable land along the East River. Jacobs' approach to the study incorporates a OneWater perspective to infrastructure planning that includes challenging urban water management to create opportunities for equitable and inclusive economic development.
"This feasibility study will examine reimagining the future of Rikers Island into what could be the biggest and boldest NYC-based wastewater infrastructure and community redevelopment program of this century," said Jacobs People & Places Solutions Senior Vice President Gary Morris. "This is a transformational opportunity to consider how to drive social equity, redefine the city's landscape and create a legacy for NYC residents – all while providing a blueprint for how future water infrastructure projects can serve as catalysts for urban revitalization."
At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the timing of the award of projects and funding under the Infrastructure Investment and Jobs Act as well as general economic conditions, including inflation, changes in interest rates, foreign currency exchange rates, and changes in capital markets, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions and the company's business, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, ,and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
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SOURCE Jacobs | https://www.kxii.com/prnewswire/2022/06/01/jacobs-selected-reimagine-rikers-island-infrastructure-landscape/ | 2022-06-01T12:05:23Z |
Best score among Mainland China's insurance companies
HONG KONG and SHANGHAI, July 6, 2022 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEx:2318; SSE:601318) has been rated as low ESG risk by Sustainalytics, a global leading ESG (Environmental, Social and Governance) rating firm. With a score of 18.3, Ping An earned the best score among Mainland China's insurance companies, a testament to the Group's excellent ESG risk management capability.
Sustainalytics considered seven material ESG issues that could impact Ping An's financials and operation results: Corporate Governance, Business Ethics, Human Capital, Data Privacy and Security, ESG Integration-Financials and Resilience. Based on their assessment, Ping An's overall ESG Risk Rating was 18.3, a "Low ESG Risk" score. Sustainalytics gave Ping An a "Negligible" ESG Risk Rating in Product Governance, ESG Integration-Financials and Resilience, the most favorable rating in its five-tiered system from "Negligible" to "Severe".
Sustainalytics has rated over 14,500 companies in different industries, including over 290 insurance companies around the world. Ping An ranks first among Mainland China insurers.
As an integrated financial conglomerate, Ping An has taken a leading role in the practice of ESG risk management, integrating core theories and standards of ESG into the Group's risk management system. In 2022, with more than 30 years' experience in the industry, Ping An upgraded its comprehensive risk management system based on its observations of regulatory and industry changes. The risk management system identified 11 general risk categories including compliance risks, credit risks, liquidity risks, and information technology risks, and four risk categories specific to insurance companies. Management of these risks promote and ensure stable long-term development of the Group. In particular, Ping An is focusing on the impact of climate change on its business. As suggested by the global Task Force on Climate-related Financial Disclosure (TCFD), Ping An has developed a risk identification framework for climate change-related risks, and applied risk identification results to the insurance and investment screening process to reduce those risks.
Sustainalytics noted that the company's overall management of material ESG issues is strong. Information security management is one of the most critical aspects of Ping An's business development, and the Company's information security management system is ISO 27001 certified, which is considered global best practice in information security. Ping An focuses on the impact of business ethics on its stakeholders, including shareholders, customers, employees, partners and the community, as well as the impact on the environment. On the business ethics front, the company strives to train employees regularly and has board-level oversight on compliance. In addition, Ping An encourages key employees to serve the Company on a long-term basis with a comprehensive long-term incentive and discipline mechanism. Ping An's Key Employee Share Purchase Plan and Long-term Service Plan help to strengthen the Company's governance structure and promote long-term sustainable development. As of December 31, 2021, the number of employees participating in Ping An's Key Employee Share Purchase Plan and Long-term Service Plan reached 89,304.
– End –
About Ping An Group
Ping An Insurance (Group) Company of China, Ltd. ("Ping An") strives to become a world-leading retail financial services group. With over 223 million retail customers and nearly 657 million internet users, Ping An is one of the largest financial services companies in the world. Ping An focuses on two over-arching domains of activity, "integrated finance" and "healthcare", covering the provision of financial and health care services through its integrated financial services platform and ecosystems in financial services, healthcare, auto services and smart city services. The "finance + technology" and "finance + ecosystem" strategies aim to provide customers and internet users with innovative and simple products and services using technology. As China's first joint stock insurance company, Ping An is committed to upholding the highest standards of corporate reporting and corporate governance. The Group is listed on the stock exchanges in Hong Kong and Shanghai. Ping An ranked 6th in the Forbes Global 2000 list in 2021 and ranked 16th in the Fortune Global 500 list in 2021.
For more information, please visit www.group.pingan.com and follow us on LinkedIn - PING AN.
About Sustainalytics
Sustainalytics, a Morningstar company, is a leading independent ESG research, ratings and data firm that supports investors around the world with the development and implementation of responsible investment strategies. Sustainalytics works with hundreds of the world's leading asset managers and pension funds who incorporate ESG and corporate governance information and assessments into their investment processes. The firm also works with hundreds of companies and their financial intermediaries to help them consider sustainability in policies, practices and capital projects. For more information, visit www.sustainalytics.com.
Copyright ©2022 Sustainalytics. All rights reserved.
This [publication/ article/ section] contains information developed by Sustainalytics (www.sustainalytics.com). Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available at https://www.sustainalytics.com/legal-disclaimers.
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SOURCE Ping An Insurance (Group) Company of China, Ltd. | https://www.kxii.com/prnewswire/2022/07/06/ping-an-rated-low-esg-risk-rating-by-sustainalytics/ | 2022-07-06T13:34:28Z |
WALHALLA, S.C., Aug. 8, 2022 /PRNewswire/ -- Community First Bancorporation, Inc. (OTC: CFOK, the "Company"), parent company of Community First Bank, Inc. (the "Bank"), announced its financial results for the second quarter of 2022. Highlights of the results include:
- The Company earned $2,939,000 for the second quarter, and $4,092,000 for the first six months of 2022. Earnings per common share were $0.53 ($0.52 diluted) for the second quarter of 2022, and $0.73 (basic and diluted) for the six months ended June 30, 2022.
- Total consolidated earnings for the second quarter increased 154.9% compared to the first quarter of 2022, and 421.1% from the comparable 2021 period.
- On May 31, 2022, the Company completed the sale of its mortgage subsidiary, SeaTrust Mortgage Company, Inc. ("SeaTrust") to Primis Bank, Glen Allen, Virginia, recognizing a pre-tax net gain on the sale of approximately $2,293,000 (approximately $1,743,000 net of tax.)
- Net interest income grew by 17.8% in the first six months of 2022 compared to the comparable 2021 period.
- Noninterest income increased 71.4% over the level reported for the first half of 2021.
- Deposits increased 5.3% during the first six months of 2022.
- Loans held for investment increased 2.1% during the six-month period.
- Nonperforming assets to total assets remained low at 0.06% on June 30, 2022.
Total consolidated earnings were $2,939,000 for the second quarter of 2022 compared to $564,000 for the second quarter of 2021, an increase of 421.1%. Earnings per common share totaled $0.53 ($0.52 diluted) for the second quarter of 2022 compared to $0.10 per share for the second quarter of 2021. Net income in the second quarter of 2022 was impacted by an increase in net interest income and a gain on the sale of SeaTrust of $1,743,000, after tax.
Net interest income grew by 14.6% year over year for the second quarter of 2022, driven by interest-earning asset growth and higher rates on federal funds sold, interest earning cash balances, and investments. Average balances of loans and investments were higher by 4.4% and 83.6%, respectively, for the second quarter of 2022 compared to the second quarter of 2021. Noninterest income totaled $5,929,000 for the most recent quarter compared to $2,461,000 for the second quarter of 2021, primarily due the after-tax gain achieved on the sale of SeaTrust.
Noninterest expense increased 15.1% year over year for the second quarter, primarily related to an increase in the loss on mortgage loans held for sale commitments related to activities of SeaTrust. The expense was $492,000 in the second quarter of 2022 compared to $21,000 in the second quarter of 2021. Salaries and benefit costs increased $340,000, or 9.0%, in 2022 compared to the second quarter of 2021. Occupancy and equipment expenses increased $84,000 in the most recent quarter due to additional locations for most of the period. Professional fees, including accounting, legal, recruitment and consulting fees, increased $97,000, or 57.0%, in 2022 compared to the second quarter of 2021. Miscellaneous loan expense increased $66,000, or 26.2%, with a significant amount of the increase attributable to SeaTrust's operations. Communications related costs declined 75.3% in the second quarter of 2022 compared to the second quarter of 2021, and marketing expense declined 15.8%.
President and CEO Richard D. Burleson commented: "The sale of SeaTrust was bittersweet. When we launched SeaTrust in 2020, we had elevated expectations that this line of business would provide a significant positive impact on our financial statements. That was not the case. Therefore, as we entered the 4th quarter of 2021, the management team, with the approval of the Board of Directors, moved quickly to market and secure a buyer for the mortgage subsidiary. Given the rapid acceleration in mortgage rates and the overall slowdown in the mortgage space, we believe this was the best business decision for our Bank. The sale of SeaTrust will allow us to focus more specifically on customers in the communities served by our Bank's branch offices. Rather than originating and selling loans servicing-released across a much larger geographic area, we will strive to offer our customers in-house mortgage products and Freddie Mac mortgage loans. We will service these loans locally and pair that service with other banking products, thereby providing a full-relationship approach to our customers."
Burleson continued "Over the last couple of years there has been a wave of digital lending offerings by numerous tech companies. We have positioned ourselves appropriately to meet the resulting challenges in service delivery via technology. Today, we originate consumer real estate loans via online applications through our website. Additionally, in early August we will launch our dynamic application for consumer non-real estate loans and commercial loans. This technology provides a significant improvement in turn times on loans and origination efficiencies and allows customers to provide their financial information in a safe, secure and encrypted format at their convenience."
Net income for the first half of 2022 was $4,092,000 compared to $923,000 for the first half of 2021. The comparison was impacted by the sale of SeaTrust in 2022 and by the Company's acquisition of Security Federal Bancorp in 2021. Earnings per share for the first six months of 2022 totaled $0.73 per basic and diluted common share, compared to $0.15 for the first six months of 2021. Net interest income increased 17.8% in 2022, due to an increase in earning assets and interest rates. Average earning assets were $642,399,000 for the first six months of 2022 and $562,088,000 for the first six months of 2021. Increases in rates also impacted interest income, especially related to average rates earned on interest-earning cash balances, federal funds sold, and investment securities available for sale. Approximately 19% of the Company's loan portfolio is tied to adjustable rates.
The Company reported noninterest income of $9,368,000 for the first half of 2022, an increase of 71.4% over the $5,467,000 reported for the first half of 2021, including mortgage banking income of $4,892,000, gains of $653,000 on sales of SBA loans, and the gain of $2,293,000 ($1,743,000, net of tax) on the sale of SeaTrust. Noninterest income in the first half of 2021 included mortgage banking income of $3,759,000 and gains on sales of SBA loans of $175,000.
Noninterest expenses in the first six months of 2022 totaled $14,681,000 compared to $13,054,000 for the first six months of 2021, an increase of $1,627,000, or 12.5%. An increase of $1,085,000 in salaries and benefits was the primary driver of the increase. SeaTrust accounted for $476,000, or 43.9%, of the increase in salaries and benefits. The remainder of the increase was attributable to continuing employees of Security Federal Bank, which was acquired part way through the period in 2021, and to salary increases that became necessary due to changes in overall average wage levels in our markets. Other noninterest expenses increased 9.4% in 2022 compared to 2021 levels. Included in other noninterest expense is the loss on mortgage loans held for sale commitments related to SeaTrust, which increased $265,000 in the first six months of 2022 compared to the first six months of 2021. Professional fees, miscellaneous loan costs, and occupancy expenses also increased in the first six months of 2022 compared to 2021. Each of these increases were impacted by both the acquisition of Security Federal in 2021 and by increases in expenses of SeaTrust.
On June 30, 2022, total gross loans held for investment were $468,227,000, an increase of 2.3% compared to $457,501,000 on March 31, 2022, and an increase of 2.1% over the $458,752,000 reported on December 31, 2021. Average loans, including loans held for sale, increased 7.8% year over year from $442,431,000 for the first half of 2021 to $476,759,000 for the same period of 2022, allowing the Company to increase interest income earned from loans in 2022 over the amount earned in the comparable period of 2021.
Total deposits on June 30, 2022, were $593,427,000, a slight decrease compared to $595,421,000 on March 31, 2022, and an increase of 5.3% compared to the $563,511,000 total on December 31, 2021. The average rate paid on deposits for the first half of 2022 was the primary driver of lower interest expense on deposits in the first half of 2022 compared to the first half of 2021. However, increases in market rates in 2022 may impact funding costs for the remainder of the year.
Mr. Burleson commented: "The Company continues to have excellent asset quality. Nonperforming assets, comprising nonperforming loans and foreclosed assets, decreased to $414,000 as of June 30, 2022, compared to $1,308,000 on March 31, 2022, and $971,000 on December 31, 2021. As of June 30, 2022, we had two loans with combined outstanding balances of $66,000 in our foreclosure pipeline and our past due percentages remained well below our peers at .06% of total loans. On June 30, 2022, our Allowance for Loan and Lease Losses ("ALLL") totaled $5,484,000, or 1.17% of total loan outstanding, despite no provision expense in the first half of 2022. We experienced a net recovery to the ALLL during the first half of 2022."
Burleson continued: "In 2008 and 2009 community banks experienced what we in the industry call the "days of the greater fool". During those times, the large banks began de-leveraging in certain loan types with non-renewals or demands for payoffs. Many of those customers went to community banks and those "problem loans" eventually had a negative impact on community banks across the country. We are again in the days of the "greater fool" as many large banks have begun exiting lending segments in anticipation of a recession. Here at Community First Bank, we are aware of the tightening of credit by some larger institutions, and we continue to be conservative in our lending approach.
We will continue to expand our market share in the communities we serve that have demonstrated the ability to provide for measured growth in a safe and sound manner. In markets that are not preforming as expected we may look to exit those markets. On July 29, 2022, we closed our Kingsport, TN loan production office. Loans and relationships from that market will be serviced in our Elizabethton, Tennessee office."
The Bank's Tier 1 Leverage Capital Ratio was 9.13% on June 30, 2022, and liquidity levels remain satisfactory.
Community First Bank has twelve full-service financial centers in North Carolina, South Carolina and Tennessee, with two each in Seneca and Anderson and single locations in Greenville, Williamston, Walhalla and Westminster, South Carolina, in Dallas and Charlotte, North Carolina; and two locations in Elizabethton, Tennessee. The Company operates a loan production office in Waynesville, North Carolina.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This News Release contains forward-looking statements, which can be identified by the use of words such as "estimate," "project," "believe," "intend," "anticipate," "plan," "seek," "expect," "will," "may" and words of similar meaning. These forward-looking statements include, but are not limited to statements of our goals, intentions and expectations; statements regarding our business and strategic plans, prospects, growth and operating strategies; statements regarding the asset quality of our loan and investment portfolios; and estimates of our risks and future costs and benefits.
These forward-looking statements are based on our current beliefs and expectations and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond our control. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. The Company is under no duty to and do not undertake any obligation to update any forward-looking statements after the date of this News Release.
The following factors, among others, could cause actual results to differ materially from the anticipated results or other expectations expressed in the forward-looking statements:
- The ultimate impact of the current pandemic is unknown and may impact the Company in various areas including but not limited to credit risk, liquidity risk, and risk to earnings.
- We may not be able to implement aspects of our growth strategy.
- Future expansion involves risks.
- New bank office facilities and other facilities may not be profitable.
- Acquisition of assets and assumption of liabilities may expose us to intangible asset risk, which could impact our results of operations and financial condition.
- The success of our growth strategy depends on our ability to identify and retain individuals with experience and relationships in the markets in which we intend to expand.
- We may need additional access to capital, which we may be unable to obtain on attractive terms or at all.
- Our estimate for losses in our loan portfolio may be inadequate, which would cause our results of operations and financial condition to be adversely affected.
- Our commercial real estate loans generally carry greater credit risk than one-to-four family residential mortgage loans.
- Construction financing may expose us to a greater risk of loss and hurt our earnings and profitability.
- Repayment of our commercial business loans is primarily dependent on the cash flows of the borrowers, which may be unpredictable, and the collateral securing these loans may fluctuate in value.
- We continue to hold other real estate, which has led to operating expenses and vulnerability to additional declines in real property values.
- A sizable portion of our loan portfolio is secured by real estate, and events that negatively impact the real estate market could hurt our business.
- Future changes in interest rates could reduce our profits.
- Strong competition within our market areas may limit our growth and profitability.
- Our stock-based incentive compensation plan will increase our costs, which will reduce our income.
- The implementation of our stock-based incentive compensation plan may dilute shareholder ownership interest.
- We are subject to extensive regulation and oversight, and, depending upon the findings and determinations of our regulatory authorities, we may be required to make adjustments to our business, operations or financial position and could become subject to formal or informal regulatory action.
- We are subject to stringent capital requirements, which may adversely impact our return on equity, require us to raise additional capital, or constrain us from paying dividends or repurchasing shares.
- We depend on our management team to implement our business strategy and execute successful operations and we could be harmed by the loss of their services.
- The value of our deferred tax asset could be impacted if corporate tax rates in the U.S. decline or as a result of other changes in the U.S. corporate tax system.
- We may not be able to utilize all of our deferred tax asset.
- The fair value of our investments could decline.
- Liquidity risk could impair our ability to fund operations and jeopardize our financial condition, results of operations and cash flows.
- Changes in accounting standards could affect reported earnings.
- A failure in or breach of our operational or security systems or infrastructure, or those of our third-party vendors and other service providers or other third parties, including as a result of cyber-attacks, could disrupt our businesses, result in the disclosure or misuse of confidential or proprietary information, damage our reputation, increase our costs, and cause losses.
- Our stock price may be volatile, which could result in losses to our shareholders and litigation against us.
- The trading volume in our common stock is lower than that of other larger companies; future sales of our stock by our shareholders or the perception that those sales could occur may cause our stock price to decline.
- There may be future sales of additional common stock or preferred stock or other dilution of our equity, which may adversely affect the market price of our common stock.
- We may issue additional debt and equity securities or securities convertible into equity securities, any of which may be senior to our common stock as to distributions and in the event of liquidation, which could negatively affect the value of our common stock.
- Negative public opinion surrounding our Company and the financial institutions industry generally could damage our reputation and adversely impact our earnings.
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SOURCE Community First Bank | https://www.mysuncoast.com/prnewswire/2022/08/08/community-first-bancorporation-announces-second-quarter-2022-financial-results/ | 2022-08-08T14:53:53Z |
To Ensure Guests a Safe & Healthy Quarantine Stay
From HKD990nett per night with Daily 3 Meals & USD24-110 Cash Credits
HONG KONG, April 12, 2022 /PRNewswire/ -- The award-winning Dorsett Wanchai, Hong Kong continues to uphold the #DorsettCares promise by recruiting a new army of high-tech droids and solutions at the hotel to bring its comprehensive hygiene measures to the next level.
These measures range from the iCleanic's Intelligent Sanitization Station that sanitizes the body from head to toe as well as the belongings of arriving guests, the autonomous cleaning and disinfecting "Whiz Gambit" Robot and the Portable Gambit ensure all public areas and rooms are virus-free, while the UV-C air purifier guarantees the best air quality, to the RICE Robot that allows contact-less delivery of amenities. These droids are now in service to ensure all guests the safest, healthiest, and freshest stay ever.
As "One of the Best Hong Kong Hotels for Quarantine" recommended by Discovery, Cathay Pacific & Time Out Magazine and the "Best Quarantine Hotel in Hong Kong – Silver" by Expat Living, Dorsett Wanchai offers a quarantine package for 7 nights from HKD990nett per night, with daily 3 meals and USD24–110 cash credits for use during the guests' stay.
Effortless Disinfection with the "Whiz Gambit" Robot and Portable Gambit
Dorsett Wanchai has recruited the best-in-class SGS-certified "Whiz Gambit" Robot, which has a 99.99% efficiency of killing the COVID-19 virus, bacteria, airborne fungi, and to deep clean carpets and disinfect every corner at the hotel lobby, guest floors and other public areas. It also generates disinfectant particles in dry mist form, which leaves a long-lasting and durable antimicrobial protective coating for more than 45 days to effectively inactivate microorganisms on all exposed surfaces.
After guests' checkout, what follows the comprehensive cleaning procedures with Ecolab's hospital-grade Disinfectant Cleaner 2.0 is, a thorough disinfection and antimicrobial coating of the guestroom by the Portable Gambit, which is as powerful as the bio-decontamination compartment of "Whiz Gambit", and can be controlled via a mobile app.
Added Measures for Extra Safety
At Dorsett Wanchai, the best indoor air quality is also guaranteed 24/7 with air purifiers that feature IoT High Efficiency Particulate Air (HEPA) UV-C Technology, in all 454 guestrooms and guest floors.
To minimize human contact, the RICE Robot would assist staff in delivering amenities to guests all over the hotel when guests call for extra amenities.
Humans and AI Joining Forces as the Perfect Team
"We are thrilled to welcome the high-tech members who can do an even better job than humans when it comes to cleaning and disinfection, taking our safety measures to a new height. With them, our staff can now spend more time taking care of our guests," said Ms. Anita Chan, General Manager of Dorsett Wanchai, Hong Kong.
BOOK NOW for a safe & healthy stay at Dorsett Wanchai.
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SOURCE Dorsett Wanchai, Hong Kong | https://www.kxii.com/prnewswire/2022/04/13/high-tech-droids-unite-dorsett-wanchai/ | 2022-04-13T04:48:45Z |
PHOENIX, June 30, 2022 /PRNewswire/ -- Trinity Capital Inc. (NASDAQ: TRIN) ("Trinity" or the "Company"), a leading provider of debt and equipment financing to venture capital backed growth stage companies, today announced an adjustment to the conversion rate of its 6.00% Convertible Notes due 2025 (the "Convertible Notes") as a result of the Company's cash dividend of $0.57 per share consisting of a regular dividend of $0.42 per share and a supplemental dividend of $0.15 per share, payable on July 15, 2022 to stockholders of record as of June 30, 2022. The ex-dividend date for such dividends was June 29, 2022.
Effective immediately after the close of business on June 30, 2022, the conversion rate of the Convertible Notes will be adjusted to 68.7855 shares of the Company's common stock per $1,000 principal amount of Convertible Notes from the prior conversion rate of 67.5315 shares of the Company's common stock per $1,000 principal amount of Convertible Notes, which had been in effect since March 31, 2022. As a result, effective as of such time, the conversion price applicable to the Convertible Notes will be adjusted to $14.54 per share of common stock from $14.81 per share of common stock.
The adjustment to the conversion rate of the Convertible Notes is being made pursuant to the second supplemental indenture, dated as of December 11, 2020, governing the Convertible Notes as a result of the Company's regular quarterly cash dividend discussed above exceeding the initial dividend threshold of $0.30 per share of common stock set forth in the second supplemental indenture and the Company paying a supplemental cash dividend.
Notice of the conversion rate adjustment will be delivered to the holders of the Convertible Notes and U.S. Bank National Association, as trustee, in accordance with the terms of the second supplemental indenture governing the Convertible Notes.
Certain Information Regarding Distributions
The Company's objective is to distribute four quarterly distributions in an amount that approximates 90% to 100% of its taxable quarterly income or potential annual income for a particular year in order to qualify for tax treatment as a regulated investment company under the Internal Revenue Code of 1986. In addition, during any particular year, the Company may pay additional supplemental distributions, so that the Company distributes approximately all its annual taxable income in the year it was earned, or it may spill over the excess taxable income into the coming year for future distribution payments.
Distributions are paid from taxable earnings and may include a return of capital and/or capital gains. The specific tax characteristics of the distributions will be reported to stockholders on Form 1099-DIV after the end of the calendar year and in the Company's periodic reports filed with the Securities and Exchange Commission.
Forward-Looking Statements
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties, including the impact of the COVID-19 pandemic on the economy, financial markets, our business, our portfolio companies and our industry. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. Trinity undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
About Trinity Capital Inc.
Trinity (Nasdaq: TRIN), an internally managed specialty lending company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended, is a leading provider of debt, including loans and equipment financing, to growth stage companies, including venture-backed companies and companies with institutional equity investors. Trinity's investment objective is to generate current income and, to a lesser extent, capital appreciation through investments consisting primarily of term loans and equipment financings and, to a lesser extent, working capital loans, equity and equity-related investments. Trinity believes it is one of only a select group of specialty lenders that has the depth of knowledge, experience, and track record in lending to growth stage companies.
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SOURCE Trinity Capital Inc. | https://www.kxii.com/prnewswire/2022/06/30/trinity-capital-inc-announces-adjustment-conversion-rate-its-600-convertible-notes-due-2025/ | 2022-06-30T20:17:24Z |
PALM BEACH GARDENS, Fla., Sept. 14, 2022 /PRNewswire/ -- Grand Richmond Hotel, one of Bangkok's premier hotels was awarded WellHotel® Accreditation for Medical Travel and Well-being by Global Healthcare Accreditation (GHA).
Setting the standard for luxury events and business and leisure stays, the Grand Richmond Hotel is a distinctive five-star convention venue and hotel located in northern Bangkok just a short drive from the city center. The hotel is operated by the Richmond Group, one of Thailand's premier hoteliers, who recently added a new 35-story tower to the property and upgraded the existing facilities with an elegant remodel and redesign. The hotel welcomes travelers from all over the world and is sought-after a destination for guests seeking to focus on their well-being or recover after a medical treatment.
GHA recently launched WellHotel® Accreditation for hotels seeking to enhance the guest experience and safety protocols for wellness and/or medical travel guests. GHA WellHotel® for Well-being and WellHotel® for Medical Travel focuses on validating the services and programs hotels provide for these growing markets and the accreditation seal builds trust and offers a competitive edge to those hotels that achieve accredited status.
Ms. Laksawan Wongworrakan, Grand Richmond Hotel's Chief Executive Officer stated, "At Grand Richmond we strive to offer each guest the most exquisite experience with the utmost attention to detail. Many of our guests choose the Grand Richmond Hotel to focus on their health and well-being. We offer them a calm and healing environment with safety protocols and services that meet their unique needs. It is an honor to have achieved GHA WellHotel® for Medical Travel and Well-being Accreditation which demonstrates our commitment to the safety and well-being of our wellness and medical travel guests."
GHA WellHotel® Accreditation offers these key highlights:
- Building trust, confidence and comfort for wellness tourists or medical travel guests through a third-party review and trusted GHA WellHotel® seal.
- Attraction by guests in new niche markets to increase room bookings and length of stay.
- Validation of the hotel's cleanliness and safety and instilling peace of mind that proper cleaning and sanitation is a hotel priority.
- Validation that safety protocols are in use for guests and staff.
- Attraction for bookings through wellness travel agents and medical travel facilitators.
- Providing assurance to medical travel and wellness guests that the hotel identifies and supports the cultural, dietary, religious, handicapped access, and other unique needs of the guests/patients.
- Increase in guest satisfaction for wellness tourists and medical travel guests.
- Well-being and medical travel packages provide an opportunity for organizations to increase TRevPAR.
The GHA WellHotel® application and accreditation process are completed conveniently online and include access to the accreditation handbook and online training.
According to Ms. Renée-Marie Stephano, GHA's Interim Chief Executive Officer, "As travel continues to increase post-pandemic, there is a growing number of consumers that are choosing hotel experiences that support a healthy lifestyle - whether it be healthy eating plans, exercise routines, wellness programs and/or an appropriate environment to recover after a medical procedure or treatment. GHA WellHotel® demonstrates to these growing niche markets that the property has implemented programs and services that meet their unique needs and expectations and also complies with recognized industry-wide hotel cleaning and sanitation standards. We congratulate the Grand Richmond Hotel for achieving GHA WellHotel® Accreditation for Medical Travel and Well-being and applaud its commitment to prioritizing guest safety and the guest experience for wellness and medical travel guests."
Global Healthcare Accreditation® (GHA) is a dynamic and innovative accreditation body with specialized focused in medical and wellness travel, safety, and well-being. Founded in September of 2016, GHA's initial purpose as an independent accrediting body centered on improving the patient experience for medical travelers and supporting healthcare providers in validating quality, increasing visibility, and implementing a sustainable business model for medical travel. Since then, GHA pioneers a variety of programs covering the entire spectrum of the care continuum and offers certification and accreditation for stakeholders in all aspects of health and wellbeing.
Visit: https://globalhealthcareaccreditation.com/
The Grand Richmond Hotel is a distinctive five-star convention venue and hotel located in northern Bangkok, Thailand, just a short drive from the city center. The hotel features 774 luxury rooms and suites, 28 versatile and superbly equipped function rooms and two grand ballrooms. The property is operated by the Richmond Group, one of Thailand's premier hoteliers and caters to discerning travelers from around the globe.
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SOURCE Global Healthcare Accreditation | https://www.wibw.com/prnewswire/2022/09/14/grand-richmond-hotel-achieves-ghas-wellhotel-accreditation-medical-travel-amp-well-being/ | 2022-09-14T11:54:31Z |
BALTIMORE, June 16, 2022 /PRNewswire/ -- Medifast, Inc. (NYSE: MED), the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, announced today that its Board of Directors has declared a $1.64 quarterly cash dividend to its stockholders. The quarterly cash dividend of $1.64 per share is payable on August 8, 2022 to stockholders of record as of the close of business on June 28, 2022.
Medifast expects to maintain a program of paying dividends on a quarterly basis. However, the declaration of dividends in the future is subject to the discretion of the company's Board of Directors, who will evaluate the company's dividend program from time to time based on factors that it deems relevant.
Medifast (NYSE: MED) is the global company behind one of the fastest-growing health and wellness communities, OPTAVIA®, which offers scientifically developed products, clinically proven plans and the support of independent OPTAVIA Coaches and a Community to help Customers achieve Lifelong Transformation, One Healthy Habit at a Time®. As the publicly traded market leader by revenue in the U.S. $7 billion weight management industry, the company has impacted more than 2 million lives through its Community of OPTAVIA Coaches, who teach Customers how to develop holistic healthy habits through the proprietary Habits of Health® Transformational System. Medifast was recognized in 2022 as one of America's Best Mid-Sized Companies by Forbes, in 2020 and 2021 as one of FORTUNE's 100 Fastest-Growing Companies and was named to Forbes' 100 Most Trustworthy Companies in America list in 2017. For more information, visit MedifastInc.com or OPTAVIA.com and follow @Medifast on Twitter.
Please Note: This release contains "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 generally can be identified by use of phrases or terminology such as "intend," "anticipate," "expect" or other similar words or the negative of such terminology. Similarly, descriptions of Medifast's objectives, strategies, plans, goals or targets contained herein are also considered forward-looking statements. These statements are based on the current expectations of the management of Medifast and are subject to certain events, risks, uncertainties and other factors. Some of these factors include, among others: constraints, volatility or disruptions in the capital markets or other factors affecting the amount and timing of share repurchases under Medifast's accelerated share repurchase program; risks associated with Medifast's direct-to-consumer business model; the impact of rapid growth on Medifast's systems; disruptions in Medifast's supply chain; Medifast's inability to continue to develop new products; effectiveness of Medifast's advertising and marketing programs, including use of social media by independent OPTAVIA Coaches; Medifast's inability to maintain and grow the network of independent OPTAVIA Coaches; the departure of one or more key personnel; Medifast's inability to protect against online security risks, to protect its brand, or to protect against product liability claims; Medifast's planned growth into domestic and international markets; adverse publicity associated with Medifast's products; Medifast's inability to continue declaring dividends; fluctuations of Medifast's common stock market price; the impact of the COVID-19 pandemic on Medifast's results and the severity, length and ultimate impact of the COVID-19 pandemic on people and economies; increases in competition, litigation, natural disasters, acts of war, other geopolitical events, climate change, shareholder activism, regulatory changes, inflation, labor shortages, supply chain issues and the resulting impact on market conditions and consumer spending; and the impact of changes in internal control over financial reporting. Although Medifast believes that the expectations, statements and assumptions reflected in these forward-looking statements are reasonable, it cautions readers to always consider all of the risk factors and any other cautionary statements carefully in evaluating each forward-looking statement in this release, as well as those set forth in its Annual Report on Form 10-K for the fiscal year ended December 31, 2021, its Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, and other filings filed with the United States Securities and Exchange Commission, including its current reports on Form 8-K. All of the forward-looking statements contained herein speak only as of the date of this release.
MED-F
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SOURCE Medifast, Inc. | https://www.kxii.com/prnewswire/2022/06/16/medifast-inc-announces-quarterly-dividend/ | 2022-06-16T21:11:42Z |
NOVI, Mich., Sept. 5, 2022 /PRNewswire/ -- ITC Holdings Corp. ("ITC"), a subsidiary of Fortis Inc., today announced it has commenced a private offering of senior unsecured notes (the "notes").
ITC intends to use the net proceeds from this offering to redeem in full $500 million aggregate principal amount of its 2.700% Senior Notes due November 15, 2022, to pay the associated call premium, with the remainder to repay indebtedness outstanding under its revolving credit facility and its commercial paper program, and for general corporate purposes.
The notes will be offered in the United States only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act. The notes have not, and will not be registered under the Securities Act or the securities laws of any other jurisdiction, and the notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable securities laws of any other jurisdiction. This press release does not and will not constitute an offer to sell any of the notes or the solicitation of an offer to buy any of the notes described herein or any other securities, nor shall there be any sale of the notes in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About ITC Holdings Corp.
ITC Holdings Corp. is the largest independent electricity transmission company in the United States. ITC provides transmission grid solutions to improve reliability, expand access to markets, allow new generating resources to interconnect to its systems and lower the overall cost of delivered energy. Through its regulated operating subsidiaries ITCTransmission, Michigan Electric Transmission Company, ITC Midwest and ITC Great Plains, ITC owns and operates high-voltage transmission infrastructure in Michigan, Iowa, Minnesota, Illinois, Missouri, Kansas and Oklahoma, and in development in Wisconsin. These systems serve a combined peak load exceeding 26,000 megawatts along 16,000 circuit miles of transmission line, supported by 700 employees and 1,000 contractors. ITC is based in Novi, Michigan. For further information visit www.itc-holdings.com. ITC is a subsidiary of Fortis Inc., a leader in the North American regulated electric and gas utility industry. For further information visit www.fortisinc.com. None of the information on ITC's or Fortis Inc.'s websites is incorporated into, or forms a part of, this press release.
Safe Harbor Statement
This press release contains certain statements that describe our management's beliefs concerning future business conditions, plans and prospects, growth opportunities and the outlook for our business and the electric transmission industry based upon information currently available. Such statements are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Wherever possible, we have identified these forward-looking statements by words such as "will," "may," "anticipates," "believes," "intends," "estimates," "forecasts," "forecasted," "expects," "projects," "likely," "plans," and similar phrases. These forward-looking statements are based upon assumptions our management believes are reasonable. Such forward-looking statements are based on estimates and assumptions and subject to significant risks and uncertainties which could cause our actual results, performance and achievements to differ materially from those expressed in, or implied by, these statements, including, among others, the risks and uncertainties disclosed in our annual reports on Form 10-K, quarterly reports on Form 10-Q and other filings made with the SEC from time to time. There can be no assurance that the offering will be completed. ITC assumes no obligation to update any forward-looking statements.
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SOURCE ITC Holdings Corp. | https://www.kxii.com/prnewswire/2022/09/05/itc-holdings-corp-announces-offering-senior-notes/ | 2022-09-05T14:04:46Z |
In the wake of the global disruption of the supply chain, high performance leaders for the final mile are in top demand more than ever before.
ORLANDO, Fla., April 6, 2022 /PRNewswire/ -- Specialist executive search firms for the final mile such as TransgisticsTalent.com have received triple the number of requests for top leadership talent in the Final mile segment of the 3PL distribution sector.
James P. Tolan, Managing Partner of the firm, admits that Transgistics Talent has been compelled to beef up its own talent research teams as the competition for top leadership talent in the C- Suite has been overwhelming.
As more private equity firms acquire final mile businesses, the need to place high performance leaders to increase profitability is paramount.
"We are experiencing a surge in demand for top high-performance leaders" said Tolan, "very similar to peak performance athletes in professional sports teams, if you have the right leadership, they drive the winning culture hands down", he added.
"Our clients rely on our reputation of having the ability to understand their business and tap into our vast network of final mile executives and leaders who can hit the ground running and make a difference from day one", he said.
The award-winning search firm has also cited shortages in the entire management cycle they are filling for transportation hubs, cold storage, and all white glove home deliveries.
"We look for integrity, specialized experience and a driving passion to lead winning teams, says Tolan, and our search process speaks to these metrics without compromise."
The global reshuffle of talent has helped many of our clients' micro-focus on how important bringing in top leadership will be to their bottom line, and this has our team bustling with renewed activity to fulfil the mission mandated to us by our final mile clients.
About Transgistics Talent
Transgistics Talent is a privately held executive search firm that deploys its decade of experience to enable growth for its clients in the logistical / 3pl/ final mile / home delivery space.
Led by Managing Partner James P. Tolan, the firm has associates throughout North America to serve multiple markets and verticals within the logistics niche.
For more information visit: www.Transgisticstalent.com and discover more about talent solutions for final mile, home delivery 3pl, logistics.
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SOURCE Transgistics Talent | https://www.mysuncoast.com/prnewswire/2022/04/06/transgistics-talent-reports-peak-demand-final-mile-high-performance-leadership/ | 2022-04-06T06:06:42Z |
NEW YORK, June 7, 2022 /PRNewswire/ -- StoneCastle Cash Management, LLC ("StoneCastle") has been named one of the 2022 Best Places to Work in Financial Technology by American Banker. This annual award is designed to identify, recognize, and honor the best employers in the financial technology industry. Companies on the list operate in and serve companies and consumers in a wide range of financial services including banking and mortgages, insurance, payments, and financial advisory.
"The caliber of the 50 firms on the list is impressive, so to take the seventh spot our first time selected is pretty special," said Dan Farrell, CEO of StoneCastle Cash Management. "Having great tech to connect banks with depositors is what gets us noticed. Having an incredible team that connects us to our clients and each other is what gets us on this well-regarded list."
"The fintech community continues to grow and provide job opportunities for data scientists, developers, managers and creative thinkers," said Penny Crosman, executive editor, technology at American Banker. "Best Places to Work in Financial Technology offers a look at fintechs that lead the pack in areas like human resources policies, perks and culture, which can help people understand which companies might be a fit for them."
Companies on the list provide technology products, services, or solutions that enable the delivery of financial services. Companies must also have been in business for at least one full year and employ at least 15 people in the U.S.
About StoneCastle Cash Management, LLC
StoneCastle Cash Management, LLC, provides deposit and liquidity solutions to banks and many of the world's most recognized brands, including Fortune 500 companies, colleges and universities, family offices, endowments and foundations, high net worth individuals, and public funds. With more than 900 network banks and approximately $21 billion in its deposit programs, StoneCastle continues to be a proven and valued partner to its clients since 2009.
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SOURCE StoneCastle Cash Management, LLC | https://www.mysuncoast.com/prnewswire/2022/06/07/stonecastle-cash-management-recognized-top-10-best-place-work-financial-technology-2022/ | 2022-06-07T13:18:12Z |
CHICAGO, Aug. 3, 2022 /PRNewswire/ -- BNY Mellon Wealth Management named Adam Lieb as senior client strategist for Global Family Office. Adam is responsible for developing new opportunities and delivering the firm's full suite of solutions to new and existing clients. He is based in Chicago and reports to Vincent Hayes, head of Global Family Office.
Prior to joining BNY Mellon Wealth Management, Adam was at Fidelity Family Office Services for more than 13 years and most recently served as vice president. He oversaw the Midwest region and provided custody, brokerage, investment and reporting services to single family offices, wealthy families and their advisors. Adam previously held a variety of other senior roles at Private Client Resources, LLC, Banc of America Investments, Webster Financial Advisors, Wells Fargo and Morgan Stanley.
"Adam is a seasoned family office professional with more than 25 years of financial services experience," said Hayes. "His extensive experience and strong understanding of ultra-high-net-worth and family office clients make him well suited to support the unique and varied investment needs of our Family Office clients and strengthen the delivery of our Active Wealth framework."
Adam earned a Bachelor of Arts from Ohio Wesleyan University. He also holds Series 63 and Series 7 licenses. Adam is an active member of his community and serves on the board of trustees for Associated Colleges of Illinois and the advisory board for Invest for Kids, which supports not-for-profit organizations that serve disadvantaged communities in Chicago.
Drawing on our breadth and depth of institutional capabilities, innovative technology and 50 years of family office expertise, BNY Mellon Global Family Office helps our clients meet the complex needs of the multi-generational families they serve. Our world-class investment management and custody solutions, sophisticated estate planning and fiduciary support, customized wealth planning and top-tier private banking have advanced the family office industry across geographies and generations. The firm works with over 300+ family office clients with an average relationship tenure of 15 years. For more information, visit https://www.bnymellonwealth.com/global-family-office.jsp.
For more than two centuries, BNY Mellon Wealth Management has provided services to financially successful individuals and families, their family offices and business enterprises, planned giving programs, and endowments and foundations. It has $264 billion in total client assets as of June 30, 2022, and an extensive network of offices in the U.S. and internationally. BNY Mellon Wealth Management, which delivers leading wealth advice across investments, banking, custody, and wealth and estate planning, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation. A line of business within Wealth Management, BNY Mellon Investor Solutions includes the firm's institutional multi-asset solutions business. For more information, visit www.bnymellonwealth.com or follow us on Twitter @BNYMellonWealth.
Media Contact:
Ben Tanner
212-635-8676
Ben.Tanner@bnymellon.com
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SOURCE BNY Mellon Wealth Management | https://www.wibw.com/prnewswire/2022/08/03/bny-mellon-wealth-management-names-adam-lieb-global-family-office-senior-client-strategist/ | 2022-08-03T12:49:39Z |
Shonka Dukureh, a singer and actress who portrayed Willie Mae "Big Mama" Thornton in the recently released Baz Luhrmann film "Elvis," died Thursday, according to Nashville police.
She was 44.
Shonka Dukureh, a singer and actress who portrayed Willie Mae "Big Mama" Thornton in the recently released Baz Luhrmann film "Elvis," died Thursday, according to Nashville police.
She was 44.
Dukureh was found dead in her Nashville apartment that she shared with her two young children. No foul play was evident, police said.
Dukureh's role as Thornton, an R&B singer who was the first artist to record the song "Hound Dog," later made famous by Elvis Presley, was her first major film appearance.
She is featured on the "Elvis" soundtrack and appears in the music video for Doja Cat's song "Vegas," also from the movie's soundtrack. Additionally, Dukureh performed with Doja Cat during the Coachella music festival in April.
Dukureh reflected on her breakthrough role in "Elvis" in an interview she shared on Instagram last week, writing, "Gratefulness is where I live cuz my granny, gmama, momma, family modeled and instilled it in me. It isn't a posture of less than or crumbs scraping, but one that acknowledges good things aren't a guarantee and when we encounter them thankfulness, gratefulness is the least we can express."
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A receipt was sent to your email. | https://www.albanyherald.com/entertainment/shonka-dukureh-singer-and-elvis-actress-dead-at-44/article_45a1b843-5bca-5924-a2d4-9f5525386b07.html | 2022-07-22T03:30:34Z |
Gov. Brian Kemp announced a new program Monday aimed at ensuring students negatively impacted by the COVID-19 pandemic have the opportunity to pursue successful careers while receiving a high-quality education. Through the Governors Emergency Education Relief Program, more than $800,000 will be awarded for a Certified Nursing Assistant Pilot Program.
ATLANTA – Gov. Brian Kemp announced a new program Monday aimed at ensuring students negatively impacted by the COVID-19 pandemic have the opportunity to pursue successful careers while receiving a high-quality education. Through the Governors Emergency Education Relief Program, more than $800,000 will be awarded for a Certified Nursing Assistant Pilot Program.
"Here in Georgia, we are committed to meeting the needs of our young people as they prepare to enter our world-class work force following years of pandemic disruptions, and we are excited to see how this program will make a difference in their lives as it also helps us fulfill a critical work force need," Kemp said in a news release.
The Certified Nursing Assistant Pilot Program will be allocated $843,000 and will allow 500 current dual-enrollment high school students across 10 Georgia college and career academy sites a grant to cover the cost of achieving a Nurse Aid Technical College Certificate, including in-person clinical training through partnering health care systems. Also, half of those students will be able to acquire an additional Geriatric Care TCC.
All 500 students will accomplish these certifications while remaining on track to complete requirements for their high school diploma on time. The grant also will cover the cost of completing the CNA examination administered at the end of the program that must be passed before they are allowed to work in that field. The pilot will allow students whose schedules have been impacted by the COVID-19 pandemic to maintain their path toward typical on-time high school graduation while also accelerating their intended technical college path so that both achievements can be completed simultaneously.
Due to the pandemic, the instructional and educational pathways of many of these students were disrupted, including a halt in clinical rotations required to complete one’s CNA. The structure of the pilot program allows them to get back on track and gain the support needed to overcome the loss of workplace opportunities that might otherwise have helped to fund their educational pathways.
Five hundred students will achieve their high school diploma on time, achieve a TCC in Nursing Aide at a college and career academy with clinical learning, experiential training, and internships at a partnering health care system, and have their CNA examination test fee covered. Half of the 500 students also will achieve an additional TCC in Geriatric Care to be able to work at assisted living facilities.
Keep it Clean. Please avoid obscene, vulgar, lewd,
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that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/jobs/governor-announces-funds-for-education-relief-program/article_85302f44-1735-11ed-bf61-1f7dbe13168c.html | 2022-08-08T18:08:56Z |
Funding will support the Crazy 8 Initiative aimed at accelerating the search for cures for hard-to-treat cancers
MILWAUKEE, July 27, 2022 /PRNewswire/ -- Marking the 10-year anniversary of its Childhood Cancer Program, Northwestern Mutual, through its Foundation, has committed $2 million to Alex's Lemonade Stand Foundation (ALSF) to support the organization's Crazy 8 Initiative. As the initiative's largest funder, Northwestern Mutual's investment will support research for innovative and rigorous approaches that address the most intractable issues in pediatric cancer research.
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/8976451-northwestern-mutual-childhood-cancer-crazy-8-initiative-donation/
"Ten years ago, our company was inspired by Alex's Lemonade Stand Foundation, Alex Scott, and her belief that every child with cancer deserves access to quality treatments and cures that were not available to her," said Northwestern Mutual Foundation President Steve Radke. "In honor of our Childhood Cancer Program's 10-year anniversary, we are proud to continue supporting Alex's mission by investing in the Crazy 8 Initiative to advance the search for life-changing treatments and cures for families across the country."
ALSF's Crazy 8 Initiative is designed to bring scientists from a variety of disciplines together to collaborate and accelerate the pace of new cure discovery. Northwestern Mutual's funding will support larger-scale collaborations aimed at creating innovative treatments for incurable cancers, identifying and characterizing challenging cancers and utilizing cellular barcoding to fight pediatric leukemia.
"For 10 years, we are honored that Northwestern Mutual continues to be a steadfast partner to us in its commitment to finding childhood cancer cures," said Liz Scott, co-executive director of Alex's Lemonade Stand Foundation and Alex's mom. "Their $2 million commitment to our Crazy 8 Initiative is the latest example of how they are true partners in making sure that all kids with cancer can reach their fullest potential."
Since 2012, Northwestern Mutual has supported the fight against childhood cancer through its Childhood Cancer Program by donating more than $45 million to support families and survivors and has funded more than 520,000 hours of research with partners like Alex's Lemonade Stand Foundation and other nonprofit organizations across the United States.
Spotlight: Dr. Yael Mossé, Children's Hospital of Philadelphia (CHOP) Cancer Center
Through ALSF's Crazy 8 Initiative, Dr. Yael Mossé, pediatric oncologist at CHOP's Cancer Center and professor of pediatrics at the University of Pennsylvania School of Medicine, is leading a research team of international scientists to develop a drug that directly targets MYCN – the protein that causes many of the most aggressive and lethal pediatric cancers, including high-risk neuroblastoma and medulloblastoma. Dr. Mossé and her team aim to develop the MYCN-directed drug in four years, prove that it is effective against the most lethal pediatric cancers and launch a clinical trial shortly after. Successful completion of this project will lead to curative new drugs for children with currently incurable cancers by targeting an essential protein that, until now, has been deemed undruggable.
Funded by ALSF and grants from Northwestern Mutual, Dr. Mossé also led the research team and clinical trial that resulted in breakthrough research and made treatment possible for Edie Gilger, who was diagnosed with neuroblastoma when she was six months old. Neuroblastoma is the same cancer Alex Scott had, and recently, a biopsy of Alex's tumor revealed that her neuroblastoma was caused by a mutation in the same gene that caused Edie's, and the treatment that cured Edie of her neuroblastoma could have treated Alex's cancer.
For 10 years, Northwestern Mutual has almost exclusively funded childhood cancer research through ALSF to honor Alex's mission and legacy, and Edie is proof that this research saves lives.
About Northwestern Mutual Foundation
The mission of the Northwestern Mutual Foundation is to improve the lives of children and families in need. The Foundation has given more than $400 million since its inception in 1992 and is designed to create lasting impact in the communities where the company's employees and financial representatives live and work. We accomplish this by combining financial support, volunteerism, thought leadership and convening community partners to deliver the best outcomes. Our efforts are focused nationally on curing childhood cancer, and locally on education, neighborhoods and making our hometown of Milwaukee a great destination. Visit Northwestern Mutual Foundation to learn more.
About Alex's Lemonade Stand Foundation
Alex's Lemonade Stand Foundation (ALSF) emerged from the front yard lemonade stand of 4-year-old Alexandra "Alex" Scott, who was fighting cancer and wanted to raise money to find cures for all children with cancer. Her spirit and determination inspired others to support her cause, and when she passed away at the age of 8, she had raised $1 million. Since then, the Foundation bearing her name has evolved into a national fundraising movement. Today, ALSF is one of the leading funders of pediatric cancer research in the U.S. and Canada raising more than $250 million so far, funding over 1,000 research projects and providing programs to families affected by childhood cancer. For more information, visit AlexsLemonade.org.
About Northwestern Mutual
Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what's most important. With more than $560 billion in combined company and client assets, $34 billion in revenues, and $2.1 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to nearly five million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 97 on the 2022 FORTUNE 500 and was recognized by FORTUNE® as one of the "World's Most Admired" life insurance companies in 2022.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (investment advisory and services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisors. Only those representatives with "Advisor" in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services.
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SOURCE Northwestern Mutual | https://www.kxii.com/prnewswire/2022/07/27/northwestern-mutual-deepens-its-decade-long-commitment-fighting-childhood-cancer-with-2-million-donation-alexs-lemonade-stand-foundation/ | 2022-07-27T15:43:39Z |
Women accused of abusing children with metal knuckles, sheriff’s office says
BURKE COUNTY, N.C. (Gray News) – Two women in North Carolina were arrested and charged with felony child abuse, according to the Burke County Sheriff’s Office.
Authorities say Natalie “Shane” Childress is accused of intentionally hitting children in her care with a pair of metal knuckles, inflicting serious physical harm.
The children’s mother, Jessica Renee Sanders, told Child Protective Services the children were not home when investigators went to the house to assess the abuse.
Deputies arrived at the residence, however, and found the children hiding.
Due to the children’s injuries, deputies requested EMS and the Burke County Criminal Investigation Division.
Authorities say the children were taken to a children’s hospital abuse and trauma center.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/06/13/women-accused-abusing-children-with-metal-knuckles-sheriffs-office-says/ | 2022-06-13T16:01:35Z |
Wynnewood Savages
Wynnewood Savages Preview
WYNNEWOOD, Okla. (KXII) - In last year’s campaign the Wynnewood Savages saw their playoff hopes fade away after a loss in their season finale, but so far this off-season the Savages have used that loss as motivation to build upon what they were able to accomplish after finishing winless in 2020.
“We ended the season 4-6 and even though we were coming off of a zero win year, that’s still some-what disappointing. In the last game of the year against Dibble with the winner going to the playoffs and the loser staying home and we came out with the short end of the stick at the end of the game. So we’ve taken that and it’s fueled our fire through the off-season and through the summer,” said Wynnewood head coach Joe Jones.
That fire continues to burn brightly as Wynnewood players can see some major differences already in their teammates.
Wynnewood running back Derick Fields said, “More people are stepping up and being leaders, being able to hold people accountable. People are listening and people are being able to be held accountable.”
Overall, this team has a hunger that cannot be satisfied.
“Everybody wants it, with the connection we have I think that we have a foundation built and it’s helped lead us to what we have right now,” said Wynnewood quarterback Caden Knighten.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/08/28/wynnewood-savages/ | 2022-08-28T04:11:41Z |
AI enables OrthoFX's new Rescue Aligners to save 65% of patients from treatment delays and OrthoFX's Bright Aligners give patients a reason to smile.
FREMONT, Calif., May 21, 2022 /PRNewswire/ -- OrthoFX, the first all-in-one clear aligner platform, announced their launch to US Orthodontists at the American Association of Orthodontists Annual Meeting in Miami. As a part of the launch, OrthoFX announced the commercial availability of Rescue™ and Bright Aligners™, two breakthrough polymer innovations that are designed to eliminate treatment breakdowns while providing instant gratification to orthodontic patients.
About Rescue Aligners: Most patients do not wear their aligners as prescribed - 22 hours daily. This results in treatments going off-track. Today, the only way to remedy this deviation is through additional Doctor visits and a treatment restart. The current recovery process can result in 8+ weeks of delay and requires multiple, unplanned office visits.
Rescue aligners work in conjunction with OrthoFX's proprietary, AI driven remote monitoring solution - FXOnTrack™ - creating a closed loop system for the proactive detection and elimination of aligner failure. When FXOnTrack reports that a case is off-track, Doctors can trigger the production of a rescue aligner which is shipped directly to the patient's home. This unique aligner provides the required flexibility and consistent forces to correct up to one month of deviation from plan with no office visits.
Loc Phan, Co-founder and Head of Material Engineering said, "With the launch of rescue aligners, we are eliminating a vexing problem that has plagued the clear aligner industry for the past 25 years"
About Bright Aligners: Since the advent of Orthodontics over 150 years ago, patients have disliked how long It takes to see any meaningful straightening results. This has resulted in lower patient uptake of available solutions and a general sense of dissatisfaction with the category. To further exacerbate this problem consumers today expect instant gratification from the products they use. OrthoFX is addressing this timely need with a new proprietary aligner, called OrthoFX Bright, which is designed to make teeth appear whiter and straighter from day one of wear.
"The exciting launch of OrthoFX's Rescue and Bright Aligners supports their commitment to revolutionizing clear aligner therapy. We are developing an intelligent, continuous care system to advance the standard of care in the industry," said Ren Menon, Co-founder, and CEO of OrthoFX.
Rescue and Bright Aligners will be available starting May 22nd included for OrthoFX partner practices. For more information visit (Rescue Aligners) https://www.orthofx.com/rescue-aligners/ and (Bright Aligners) https://www.orthofx.com/orthofx-bright-aligners/ .
About OrthoFX: Founded by a team of industry experts who played a critical role in building and scaling the clear aligner category. OrthoFX is pioneering next generation advancements in orthodontics and dental treatments through innovations in polymers, software and services. Learn how to become an OrthoFX provider by visiting www.orthofx.com/doctors.
Julie Yeomans – Senior Marketing Manager, OrthoFX
Email - PR@OrthoFX.com
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SOURCE OrthoFX | https://www.wibw.com/prnewswire/2022/05/21/orthofx-announces-breakthrough-innovations-aligner-therapy/ | 2022-05-22T20:28:23Z |
CHICAGO, May 13, 2022 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI) (the "Company" or "Ryerson") announced today the closing of an underwritten secondary public offering of 3,500,000 shares of its common stock by an affiliate of Platinum Equity LLC (the "Selling Stockholder"). Ryerson did not offer any shares of its common stock in the offering and did not receive any of the proceeds from the sale of the shares offered by the Selling Stockholder.
Concurrently with the completion of the offering, Ryerson repurchased directly from the Selling Stockholders 1,613,022 shares of common stock. The Company funded the share repurchase with cash on hand.
"The secondary offering and concurrent share repurchase mark an important milestone in the continued transformation of Ryerson. Through this completed secondary offering and repurchase of shares by the Company, we increased our public company share float, accreted increased ownership to non-selling shareholders and completed our authorized share buyback program fourteen months ahead of schedule. This is in addition to reducing long-term debt by more than $275 million in less than two years and increasing our quarterly dividend by more than 56 percent within the past year to $0.125 per share. That is a tremendous amount of important and valuable work of which we can all be proud. We would like to thank Platinum Equity for their ongoing investment and support throughout our nearly 15-year relationship and are delighted to continue that relationship as we continue building Ryerson's enterprise value in the years ahead." said Eddie Lehner, Ryerson's President and Chief Executive Officer.
"Through this transaction, Ryerson is able to create long-term shareholder value by increasing the ratio of our shares that are floating by approximately 11 percent to represent nearly 57 percent of our total shares outstanding. We estimate this repurchase of our shares to be approximately 4 percent accretive to forward earnings per share. Our strong cash flow generation enabled us to repurchase 1.6 million shares for $47.7 million at an attractive price, while completing our $50 million share buyback authorization of August 2021 more than fourteen months ahead of schedule. Accordingly, in eight months Ryerson has returned more than $60 million to shareholders in share repurchases and dividends." stated Jim Claussen, Ryerson's Chief Financial Offer.
The secondary offering was made pursuant to an effective shelf registration statement on Form S-3 (including a prospectus) which was filed by Ryerson with the Securities and Exchange Commission ("SEC"). You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Copies of the prospectus supplement and the accompanying prospectus relating to the Offering may also be obtained by contacting: J.P. Morgan, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by telephone: 1-866-803-9204, or by emailing: prospectus-eg_fi@jpmchase.com.
This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China. Founded in 1842, Ryerson has around 4,000 employees in approximately 100 locations.
Certain statements made in this presentation and other written or oral statements made by or on behalf of the Company constitute "forward-looking statements" within the meaning of the federal securities laws, including statements regarding our future performance, as well as management's expectations, beliefs, intentions, plans, estimates, objectives, or projections relating to the future. Such statements can be identified by the use of forward-looking terminology such as "objectives," "goals," "preliminary," "range," "believes," "expects," "may," "estimates," "will," "should," "plans," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy. The Company cautions that any such forward-looking statements are not guarantees of future performance and may involve significant risks and uncertainties, and that actual results may vary materially from those in the forward-looking statements as a result of various factors. Among the factors that significantly impact our business are: the cyclicality of our business; the highly competitive, volatile, and fragmented metals industry in which we operate; fluctuating metal prices; our substantial indebtedness and the covenants in instruments governing such indebtedness; the integration of acquired operations; regulatory and other operational risks associated with our operations located inside and outside of the United States; impacts and implications of adverse health events, including the COVID-19 pandemic; work stoppages; obligations under certain employee retirement benefit plans; the ownership of a majority of our equity securities by a single investor group; currency fluctuations; and consolidation in the metals industry. Forward-looking statements should, therefore, be considered in light of various factors, including those set forth above and those set forth under "Risk Factors" in our annual report on Form 10-K for the year ended December 31, 2021, our quarterly report on Form 10-Q for the quarter ended March 31, 2022, and in our other filings with the Securities and Exchange Commission. Moreover, we caution against placing undue reliance on these statements, which speak only as of the date they were made. The Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events or circumstances, new information or otherwise.
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SOURCE Ryerson Holding Corporation | https://www.wibw.com/prnewswire/2022/05/13/ryerson-holding-corporation-announces-closing-secondary-offering-common-stock-by-its-principal-shareholder-concurrent-stock-repurchase/ | 2022-05-14T01:04:04Z |
LAS VEGAS, July 20, 2022 /PRNewswire/ -- Smart NFTs are the next innovative evolution of NFTs pioneered by VIMworld. Known as VIMs (Virtually Integrated Metadata) on the platform, these virtual characters build layered backstories, rather than being just a collection of unchangeable pixels on the screen. These Smart NFTs grow and change based on its owner's interactions with it.
Owners can feed their Smart NFT VIMworld's native token VEED to evolve the artwork and earn treasures or other secondary items in a variety of fun ways to make them unique. When fully utilized, a Smart NFT VIM will become the manifestation of its owner's identity, acting as both a virtual companion and ironclad resume of personal accomplishments.
Smart NFTs rely on frequent and sustained interaction with their owners in order to take their true shape. VIMworld has been expertly designed from the ground up to be an evolutionary open metaverse, and VIMs are intended to be integrated into gaming and social experiences that benefit from integrating user metadata.
NFT buyers are attracted to other projects because of incredible artwork, community hype, and limited minting. After the hype dies down, these collectors are often left wondering what to do besides holding. VIMworld understands these pain points first hand. In addition to the ways Smart NFT holders can engage on the VIMworld platform, VIMworld has developed an SDK to attract partnerships and third-party developers to integrate their applications and give users more places to explore and VIMs new ways to evolve.
VIMworld has also developed tools for owners to easily access, store and track progress of an owner's VIMs. The online platform has a robust management tool for feeding and levelling up each VIM. Owners can also check various leaderboards to compare progress to others in the community. While the marketplace allows owners to buy and sell VIMs.
For owners who have a variety of digital assets, VIMworld developed Nufinetes, a secure multi-chain wallet app that currently enables transactions on Ethereum and Vechain, with support for several tokens. It allo Nufinetes is available for iOS and Android so NFT collectors and digital asset holders from all over the world can have one centralized wallet app.
Smart NFTs will continue to evolve as web3 gains wider adoption VIMworld will continue to pave the way with exciting new features and utility that take full advantage of Smart NFT technology.
VIMworld is a revolutionary non-fungible token (NFT) ecosystem that creates a space where entrepreneurship and play combine and thrive. At the core of VIMworld are VIMs themselves, each one unique and permanent. VIMs are Smart NFTs that will deliver an immutable system of authentication, allowing their owners to both store and build value through play whilst building meaningful connections with others.
VIMworld can be accessed through VIMworld.com using a VeChain-enabled browser such as the VeChain Sync browser or Google Chrome + Comet Extension. For more information about VIMworld, please visit vimworld.com or follow our social media channels:
Twitter — Instagram — Reddit
Nufinetes is available in the Apple App Store and the Google Play Store. More information can be found on nufinetes.com. The app can also directly be downloaded.
Android: https://d3va9f6jgm4z2y.cloudfront.net/nufinetes-prod/Nufinetes_Android_latest.apk
App Store (OS): https://apps.apple.com/us/app/nufinetes/id1609562349
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SOURCE VIMworld | https://www.mysuncoast.com/prnewswire/2022/07/20/vimworld-smart-nfts-are-next-evolution-virtual-companions/ | 2022-07-20T10:46:42Z |
DALLAS (KDAF) — Upcycling your interior design doesn’t always have to be about getting the latest and biggest statement pieces. Sometimes it’s the littlest design details that make the biggest difference.
That’s what North Texas second-hand stylist Sarah Teresinski shows us. With more than 4,000 Instagram followers and 178,000 TikTok followers, she gives her huge audience clever little design hacks that make the big statements.
Sarah has gathered so much attention from her helpful tips that she’s even garnered national attention for her creative ways of recycling.
CW33’s Jenny Anchondo stopped by her humble abode to get the latest tips on how to make the most with items you already have at home.
Cool upcycling TikTok hack with Sarah Teresinski | https://cw33.com/lifestyle/inside-dfw/add-some-spice-to-your-interior-design-with-north-texas-sarah-teresinski/ | 2022-05-16T16:07:42Z |
Are Relago or Evenflo baby gates better?
Whether parents use a baby gate to keep their baby in or out of certain rooms, baby gates are a great step parents can take in purchasing to provide safety and peace of mind. Baby gates are great for a growing baby learning how to get around the house by pulling up, crawling or walking. Baby gates come in different designs so that parents have the option to choose a gate that best fits their household’s needs. Baby gates can be useful for years to come with babies and toddlers to keep them away from the fireplace, stairs, laundry rooms, stoves and more.
Baby gates are also available in different styles, materials, colors, heights, widths and more, making selecting a baby gate easy for parents of a new baby or a baby who is now learning to navigate the house. Baby gates can be great for parents because they give them peace of mind knowing their baby is safe, not having access to certain objects or limiting their space. Both Regalo and Evenflo have a good selection of choices, quality materials, and easy installations that will make parenting an easier process.
Regalo baby gate
The Regalo brand aims to make life with babies more fun and safe, simple and easy. With many different types of baby gate options, they give parents many choices to choose a baby gate that will best suit their needs. These baby gates are made with quality material to last and hold up in the home. Regalo also has a broad price range which helps parents get a baby gate within their budget. Different types of material that Regalo has are plastic, metal, mesh and wooden, so that parents can choose the style that best fits their needs and the material kind as well. Regalo overall offers a wide selection that will help make the everyday life of parents with their babies easier.
Regalo baby gate pros
Regalo has a lot of different styles of gates as well as color choices from which to choose.
Regalo baby gate cons
These baby gates are a little on the more pricey side than other brands.
Best Regalo baby gate
Regalo Easy Step Extra Tall Platinum Safety Gate
This baby gate is 36 inches tall, making it an excellent option for growing babies. This gate would be useful for babies aged 6 to 24 months, allowing you to get your months’ worth for the time frame of using it. With a small assembly, this baby gate has the hardware to mount to your walls, making it sturdy with its all-metal frame. Simple design and convenient walk-through availability, this gate easily matches a parents’ home and is easy to use. This baby gate can also be easily packed up and used on vacation while visiting family and friends, and more.
Sold by Amazon
Evenflo baby gate
Evenflo’s goal is to enhance the experience of parenting and keep the baby safe and help them develop. Evenflo has a smaller selection of baby gates but still has an excellent variety to choose from, giving parents the option to select one good for them. Evenflo has affordable prices allowing parents to choose a baby gate as low as 14 dollars. They have baby gates with mesh, wood, metal and plastic, which lets the parents choose a style and material that best fits their needs and compliments their home. Evenflo baby gates are made with materials to be childproof so that parents can be stress-free.
Evenflo baby gate pros
Different price ranges allow parents to choose an affordable baby gate that works best for them.
Evenflo baby gate cons
The Evenflo doesn’t have as large of a selection of styles from which to choose.
Best Evenflo baby gate
Evenflo Multi-Use Decor Tall Walk-Thru Baby Gate
This baby gate has a height of 36 inches, making it a great option for a growing baby and giving the extra height of not worrying about the baby crawling over. The handle on this gate has a red and green indicator that lets parents know the gate is latched properly and can’t be opened. With the quiet auto close hinge, you can easily close the gate without disturbing the little one without excessive noise. This gate can also open in both directions, which helps not limit parents and makes the gate easy to use and get through. With the metal framing and black color, this gate will look great and match designs easily and compliment the space. The Evenflo comes with hardware mount attachments with a simple installation and material that won’t damage the interior.
Sold by Amazon
Should you buy a Regalo baby gate or an Evenflo baby gate?
Regalo and Evenflo have unique baby gates that will strengthen overall safety if you have a growing baby. Regalo is the top choice due to its affordability and wide selection. Regalo gives parents many options to choose from so that they are not limited to choosing a gate that might not work for them but instead has so many options that will make parenting safer and easier. Regalo has styles, materials and color choices that will all complement a home and match pre-existing furniture or decor. These baby gates have a sturdy design, making them childproof as babies grow and learn to navigate and get around the house differently. Regalo aims to make parenting simple and safe, giving parents peace of mind in knowing that while they might not be holding their little one all the time, they are safe from certain parts of the house.
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/baby-kids-br/health-safety-br/regalo-baby-gate-vs-evenflo-baby-gate/ | 2022-07-18T18:22:26Z |
New national poll from Crosswind Media & Public Relations shows Americans outside of the
state believe Texas is a good place to start a business (53%) and raise a family (52%).
AUSTIN, Texas, July 20, 2022 /PRNewswire/ -- A new national survey from Crosswind Media & Public Relations and Rasmussen Reports asked Americans outside of Texas their opinion of the Lone Star State. The poll revealed the following results:
- 27% of Americans polled have a very positive view of Texas.
- 18% have a somewhat positive view.
- 14% of Americans polled said they have a somewhat negative view of the state.
- 17% held a very negative view.
- 21% of those surveyed held a neutral view of the state.
"Overall, the state of the Texas brand continues to be strong and durable," said Crosswind President and CEO Thomas Graham, "with Americans continuing to view Texas favorably and recognizing the Texas business climate and family values as favorable traits."
The poll showed that Americans outside the state continue to hold a positive view about Texas being a good environment to start a business (53%) and raise a family (52%). When it comes to Texas's business environment, only 11% of people surveyed had a somewhat bad view, and 12% held a very bad view. Additionally, only 14% of survey participants held a somewhat bad view of Texas being a good state to raise a family, with 18% of Americans having a very bad view.
"These are challenging times for the nation and for Texans," said Graham, noting that the survey of 845 American adult non-Texans was conducted July 11-12 in the midst of national headlines about inflation, rising gas prices, power grid resiliency, border security, and school shootings. "Despite these headlines, most Americans believe what Texans rightly know: the brand of the Lone Star State remains strong."
"Rising gas prices could account for an interesting twist in the survey," said Graham. He points out that while 56% of respondents believe Texas is a very good (21%) or somewhat good (35%) travel destination for vacations, 61% say they are somewhat unlikely (20%) or very unlikely (41%) to travel to the state for a vacation within the next year.
Graham is also author of the Branding Texas newsletter that monitors attitudes about the state in national and international media coverage.
Find out more about the survey.
Crosswind Media & Public Relations:
Crosswind Media & Public Relations is one of the leading firms in the U.S., ranking in the top 100 nationally. Headquartered in Austin, Texas, Crosswind's roots are in Texas and serves clients around the world. The agency specializes in brand management, crisis communication, thought leadership and event planning and serves clients in the energy, infrastructure, entertainment, education, technology, banking & finance, and health care sectors. For more information or for a copy of the poll's crosstabs, please send a request to media@crosswindpr.com.
Methodology:
In this survey of 845 non-Texas adults across the United States, there is a +/- 3% margin of error assuming a 95 percent confidence interval. Data for this study were collected between July 11-12, 2022. Adults in this study represent residents of U.S. states excluding Texas. A screener question was used to exclude respondents who currently reside in Texas. Read more about the methodology.
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SOURCE Crosswind Media & Public Relations | https://www.kxii.com/prnewswire/2022/07/20/poll-most-americans-agree-texas-is-good-place-start-business-raise-family/ | 2022-07-20T15:37:35Z |
CUTE: Police use snacks to lure pig off of highway
PORTLAND, Ore. (KPTV/Gray News) - Police in Oregon want to know if anyone is missing a pet pig.
The Portland Police Bureau is searching for the owner of a pig that was found in traffic early Tuesday morning, according to KPTV.
Just after midnight, an officer was driving when she saw traffic slowing in front of her and appearing to drive around something in the road. The officer then saw the object was a pig.
Other officers came to help and animal control was called. Police said officers worked to contain the pig and keep him safe from passing vehicles.
There were a few short foot pursuits while officers tried to contain the pig. Officers used snacks, including Goldfish crackers and cookies, to keep him calm and contained. Police said the pig was not a fan of nacho cheese Doritos.
Once staff from the On Call Community Rescue for Animals arrived, police said it took several attempts and seven people to safely coral the pig into a crate.
Police are trying to track down the owner of the pig, who will be known as John Doe. If you are the owner or may know who the owner is, please call the shelter directly.
Copyright 2022 KPTV via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/27/cute-police-use-snacks-lure-pig-off-highway/ | 2022-04-27T23:16:07Z |
Study to Evaluate Safety and Tolerability of Simultaneous Implant of Spinal Fusion and Neuromodulation Devices in Chronic Lower Back Pain Patients
MINNEAPOLIS, July 26, 2022 /PRNewswire/ -- Justin Zenanko, CEO of SynerFuse, Inc., a Minneapolis-based medical device company, is pleased to announce completion last week of the company's groundbreaking procedure in a fifth patient in the company's proof-of-concept study. The patients have been implanted by Michael C. Park, MD, PhD, and Rohan Lall, MD, at M Health Fairview University of Minnesota Medical Center. (See photo taken after the fifth surgery, left to right: Park, Lall, Zenanko, and SynerFuse Co-Founder and Chief Scientific Officer Greg Molnar, Ph.D.).
"The implantation of the fifth patient in our proof-of-concept study is an important milestone for SynerFuse," said Zenanko. "Now that we have implanted five patients, the Data Safety Monitoring Board will be assembled to review the safety of the SynerFuse therapy concept. We're one step closer to demonstrating the viability of our non-narcotic solution for spinal fusion patients with chronic lower back pain."
The SynerFuse proof-of-concept study involves combining spinal fusion with the implant of a neurostimulator to provide stimulation of the dorsal root ganglion (DRG), a key nerve structure along the spine that can be targeted with neuromodulation to treat chronic neuropathic pain, to provide relief to patients suffering from chronic lower back pain (cLBP). Patients undergoing an initial spinal fusion, among other criteria, are eligible for the study. The proof-of-concept study supports the enrollment of up to 20 patients.
"Bringing this patient-focused therapy from concept to the fifth implant milestone is a true testament to collaboration within our company and with our surgeon and staff partners at the University of Minnesota Medical School and M Health Fairview University of Minnesota Medical Center," said Molnar.
cLBP is defined as lower back pain that continues for 12 weeks or longer, even after an initial injury or underlying cause of acute lower back pain has been treated. With 500,000 procedures performed annually, spinal fusion remains a common treatment for spinal instability, albeit with a high incidence of residual neuropathic pain. The continuum of increasingly ineffective opioid treatments, additional interventions, and adjacent level spinal fusions leaves up to 40% of patients with Failed Back Surgery Syndrome (FBSS), a condition resulting in significant, lingering neuropathic pain, costing the U.S. healthcare system $20B per year and significantly affecting the quality of life of patients.
SynerFuse is a Delaware corporation based in Minnesota—the heart of Medical Alley and the cradle of neuromodulation and medical device innovation. SynerFuse believes that individuals with cLBP/FBSS and their providers deserve a better option than spinal fusion alone. Even when spinal fusion is successful, it can often result in residual chronic neuropathic pain and use of addictive opioids. The company is working to create a new future of non-narcotic pain management for chronic low back pain with a patented therapy that integrates spinal fusion hardware and an active neuromodulation system. For more information on the company, please visit www.synerfuse.com.
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SOURCE SynerFuse | https://www.wibw.com/prnewswire/2022/07/26/synerfuse-announces-fifth-patient-implanted-integrated-spinal-fusion-drg-neuromodulation-proof-of-concept-study/ | 2022-07-26T13:40:54Z |
CHICAGO, April 11, 2022 /PRNewswire/ -- Sikich recently hired Heather Peters to serve as the firm's chief human resources officer. In this role, Peters will establish and execute a holistic strategy to support people and culture as the company pursues aggressive growth goals.
"A diverse and agile leadership team is essential to the continued growth and success of Sikich," said Sikich CEO Chris Geier. "Heather brings valuable human capital experience and operational acumen to our team. Drawing on this experience, I'm confident she will develop and advance people-first initiatives that contribute to the firm's growth by supporting employee well-being and professional development. I look forward to working closely with Heather to strengthen our firm's unique culture and ensure Sikich continues to be a rewarding and meaningful place to work."
Peters brings to Sikich more than 20 years of human capital experience. She has expertise in HR operations, talent management, succession planning, change management, M&A integration and employee relations. Before joining Sikich, she served in executive-level human resources roles at Allan Myers, a civil construction company, Baker Tilly, and Yoh, a talent and outsourcing company.
"My passion is instilling creativity into HR operations," Peters said. "I look forward to implementing creative strategies that strengthen Sikich's people-first posture, help the firm continue to attract and retain top talent, and support a work environment that continues to engage employees."
Peters earned her bachelor's degree in business administration and leadership from Albright College. Her hire comes on the heels of Sikich's hiring of Melanie Barnes, an audit partner in the Chicagoland market.
About Sikich LLP
Sikich LLP is a global company specializing in technology-enabled professional services. With more than 1,400 employees, Sikich draws on a diverse portfolio of technology solutions to deliver transformative digital strategies and ranks as one of the largest CPA firms in the United States. From corporations and not-for-profits to state and local governments and federal agencies, Sikich clients utilize a broad spectrum of services* and products to help them improve performance and achieve long-term, strategic goals.
*Securities offered through Sikich Corporate Finance LLC, member FINRA/SIPC. Investment advisory services offered through Sikich Financial, an SEC Registered Investment Advisor.
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SOURCE Sikich | https://www.mysuncoast.com/prnewswire/2022/04/11/heather-peters-joins-sikich-chief-human-resources-officer/ | 2022-04-11T14:39:35Z |
Jobs’ Apple-1 computer prototype auctioned for nearly $700K
BOSTON (AP) — An authenticated Apple-1 Computer prototype from the mid-1970s has sold at auction for nearly $700,000.
The prototype was used by Apple co-founder Steve Jobs in 1976 to demonstrate the Apple-1 to Paul Terrell, owner of The Byte Shop in Mountain View, California, one of the first personal computer stores in the world, Boston-based RR Auction said in a statement.
A Bay Area collector who wishes to remain anonymous made the winning $677,196 bid on Thursday, the auctioneer said.
“There is no Apple-1 without this board — it’s the holy grail of Steve Jobs and Apple memorabilia,” said Bobby Livingston, RR’s executive vice president.
The board has been matched to Polaroid photographs taken by Terrell in 1976, showing the prototype in use. It was also examined and authenticated by Apple-1 expert Corey Cohen, whose notarized 13-page report accompanied the sale.
The prototype resided on the Apple Garage property for many years before being given by Jobs to the seller about 30 years ago.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/19/jobs-apple-1-computer-prototype-auctioned-nearly-700k/ | 2022-08-19T19:30:04Z |
BELTON — A grass fire grew to an estimated 40 acres before it was contained within three hours, Belton fire officials said Tuesday.
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Are you wrestling or nestling?
When our kids were small we bought a sliding board that came with the instructions that strike fear in the heart of nearly every man: “Some assembly required.”
Uncharacteristically I got it together pretty quickly and was putting on the finishing touches when I heard some muffled cries for help. My three kids and one little neighbor boy had been “helping” me with this project.
But when the cries came, one child was missing. The neighbor boy, Freddie, had climbed into the slender eight-foot sliding board box and was “guck,” (stuck) my youngest lamented.
I watched them wrestle with the box trying to rescue the trapped tot. Independence is a trait they get from both genetic pools.
I wondered when they would have called on me for help. But the thoughts of this child being unable to breathe or being claustrophobic crossed my mind. Then one of my kids started into the box as the daring deliverer or spelunking savior.
So I sprinted the 20 feet to intervene, not wanting two kids “guck.”
He was too far in to reach from either end. Fortunately it occurred to me that a box cutter was NOT my best option. So I picked up the closed end and shook it in what might appear to the untrained eye as me wrestling an alligator.
Freddie finally rolled out the open end ,gasping in his childish lisp: “Tank you Midder Sams. I tot I dead meat!”
How many times do we struggle and wrestle on our own when our heavenly Father is right there? We’re dead meat unless we call on Him: “For we were dead [meat] in our trespasses and sins … but God made us alive in Christ Jesus.” (Ephesians 2:1, 4-5)
Holocaust survivor Corrie ten Boon asked the title question above in her gripping biography. She learned to nestle in the arms of Jesus instead of wrestling against his ways and will for her life, even when his will involved intense suffering in a Nazi concentration camp.
Have you learned this lesson?
Do you need to call on Him for help right now, then nestle into his everlasting arms that will always help and heal, lift and love? Lean into His lap instead of pushing Him away.
“O Jerusalem, Jerusalem. How I would have longed to gather you into my arms. But you were not willing.” (Jesus, in Matthew 23:37)
Rick Sams is pastor emeritus of Alliance Friends Church. | https://www.cantonrep.com/story/lifestyle/faith/2022/09/02/pastor-rick-sams-are-you-wrestling-or-nestling/65466442007/ | 2022-09-02T08:25:57Z |
WARSAW, Ind., Aug. 26, 2022 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that its Board of Directors has approved the payment of a quarterly cash dividend to stockholders for the third quarter of 2022. The cash dividend of $0.24 per share is payable on or about October 31, 2022 to stockholders of record as of the close of business on September 30, 2022.
Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence.
With 90+ years of trusted leadership and proven expertise, Zimmer Biomet is positioned to deliver the highest quality solutions to patients and providers. Our legacy continues to come to life today through our progressive culture of evolution and innovation.
For more information about our product portfolio, our operations in 25+ countries and sales in 100+ countries or about joining our team, visit www.zimmerbiomet.com or follow Zimmer Biomet on Twitter at www.twitter.com/zimmerbiomet.
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SOURCE Zimmer Biomet Holdings, Inc. | https://www.kxii.com/prnewswire/2022/08/26/zimmer-biomet-announces-quarterly-dividend-third-quarter-2022/ | 2022-08-26T11:48:19Z |
KANSAS CITY, Mo. (WDAF) – A pair of teenage boys received a huge surprise while taking pictures with an exotic car in Kansas City recently.
Erica Lee and her two sons, Ayden and Kobe, were walking around downtown Kansas City, Missouri when they saw a black Lamborghini parked in the Power & Light District and decided they wanted to take a picture with it.
Lee said her boys are avid fans of exotic vehicles and that a Lamborghini is not a common vehicle to see in the city.
As they were posing and taking the photos, body guards and the vehicle’s owner approached the boys.
The owner was none other than Kansas City Chiefs quarterback Patrick Mahomes.
Although the model of the Lamborghini is unclear, the vehicle is reminiscent of a gift Mahomes bought for his wife, then-fiancée, Brittany Matthews.
Pictures of Brittany in the vehicle showed a back row of seats, and the only publicly available model of the Italian luxury vehicle with a back row is the Lamborghini Urus.
Lee said they were starstruck. Ayden and Kobe asked for pictures with the Super Bowl LIV winning quarterback and he happily agreed.
Kobe, the oldest of the two brothers, congratulated Mahomes on a successful 2021 season and Mahomes said, “Thank you,” and left.
See the images, courtesy of Erica Lee, below:
A casual family stroll through downtown turned into an evening they will never forget. | https://cw33.com/news/nexstar-media-wire/chiefs-qb-patrick-mahomes-surprises-boys-taking-picture-with-his-car/ | 2022-05-27T22:26:31Z |
NEW YORK, May 6, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. (NYSE: LICY).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/li-cycle-holdings-corp-loss-submission-form/?id=26838&from=4
The lawsuit seeks to recover losses for shareholders who purchased Li-Cycle between February 16, 2021 and March 23, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until June 20, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Li-Cycle Holdings Corp. f/k/a Peridot Acquisition Corp. issued materially false and/or misleading statements and/or failed to disclose that: (1) Li-Cycle's largest customer, Traxys, is not actually a customer, but merely a broker providing working capital financial to the Company while Traxys tries to sell Li-Cycle's product to end customers; (2) the Company engaged in highly questionable related party transactions; (3) the Company's mark-to-model accounting is vulnerable to abuse and gave a false impression of growth; (4) a significant portion of the Company's reported revenues were derived from simply marking up receivables on products that had not been sold; (5) the Company's gross margins have likely been negative since inception; (6) the Company will require an additional $1 billion of funding to support its planned growth (which is a figure greater than the Company raised via the merger); and (7) as a result, Defendants' public statements were materially false and/or misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/05/06/licy-shareholder-alert-jakubowitz-law-reminds-li-cycle-shareholders-lead-plaintiff-deadline-june-20-2022/ | 2022-05-06T11:47:55Z |
Proven Senior Legal Executive with 20 Years of Experience to Join Aspen; Strong Commitment to Sustainability and Diversity
NORTHBOROUGH, Mass., May 19, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen", "the Company"), a technology leader in sustainability and electrification solutions, today announced the appointment of Virginia H. Johnson as Chief Legal Officer, General Counsel and Corporate Secretary. Ms. Johnson will report to Don Young, Aspen's President and Chief Executive Officer.
With 20 years of senior legal experience, Ms. Johnson brings a broad range of legal and business acumen to Aspen. She joins the Company from Schneider Electric North America, a global leader in the digital transformation of energy management and industrial automation, where she served as General Counsel. Prior to her tenure with Schneider, Ms. Johnson served in a variety of roles of increasing responsibility in the legal department of Global Atlantic Financial Group (F/K/A Goldman Sachs Reinsurance Group), most recently as Senior Vice President, Head of Corporate Legal, Associate General Counsel & Secretary (2013 to 2021). As Head of Corporate Legal at Global Atlantic, she held responsibility for enterprise-wide commercial contracting and licensing; corporate governance and regulatory compliance; M&A, transactional work and business integration; intellectual property; legal oversight of cybersecurity, incident response, data privacy/protection, and third party risk; litigation management; and employment law, HR support and executive compensation.
Before joining Global Atlantic, Ms. Johnson was a partner in the Litigation Department of Prince Lobel Tye LLP (2011 to 2013) where her practice concentrated primarily on defending investment firms, private equity funds, and institutional lenders in complex commercial litigation and class actions in federal and state courts. Prior to that, from 2002 to 2011, she was an Associate in the Litigation/Regulatory Department, Securities/Corporate Governance Group, in the New York and Boston offices of Weil, Gotshal & Manges LLP, where her practice focused on securities class action defense, shareholder derivative litigation, regulatory enforcement, corporate governance counseling and internal investigations on behalf of major publicly-traded corporations, privately-held entities, large-bracket investment funds, and banking institutions.
Mr. Young commented, "Ginny joins our management team at an important stage in the Company's development, and we are very pleased to have attracted a professional of her caliber as our General Counsel. She is joining an outstanding group of lawyers at Aspen. She is a smart, articulate and creative leader, and her depth of experience in corporate strategy and legal operations makes her an ideal addition to Aspen's executive team. Her strong commitment to sustainability and diversity is solidly aligned with Aspen's priorities. I look forward to her counsel and insight, which I am confident will benefit Aspen and its shareholders."
"Joining Aspen as its Chief Legal Officer is a tremendous honor, and I am grateful to Don and the Board for entrusting me with this opportunity," said Ms. Johnson. "I am very impressed with the Aspen team, its long track-record of success, and the vast opportunity that lies ahead to drive Aspen's growth and its innovation-focused sustainability mission. I look forward to contributing to the long-term success of the Company."
About Aspen Aerogels, Inc.
Aspen is a technology leader in sustainability. The Company's aerogel technology enables its customers and partners to achieve their own objectives around the global megatrends of resource efficiency, e-mobility and clean energy. Aspen's PyroThin® products enable solutions to thermal runaway challenges within the electric vehicle market. The Company's carbon aerogel program seeks to increase the performance of lithium-ion battery cells to enable EV manufacturers to extend the driving range and reduce the cost of electric vehicles. Aspen's Spaceloft® products provide building owners with industry-leading energy efficiency and fire safety. The Company's Cryogel® and Pyrogel® products are valued by the world's largest energy infrastructure companies. Aspen's strategy is to partner with world-class industry leaders to leverage its Aerogel Technology Platform™ into additional high-value markets. Headquartered in Northborough, Mass., Aspen manufactures its products at its East Providence, R.I. facilities. For more information, please visit www.aerogel.com.
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SOURCE Aspen Aerogels, Inc. | https://www.wibw.com/prnewswire/2022/05/19/aspen-aerogels-inc-appoints-virginia-h-johnson-chief-legal-officer-general-counsel-corporate-secretary/ | 2022-05-19T11:25:13Z |
MELBOURNE, Australia and INDIANAPOLIS, June 10, 2022 /PRNewswire/ -- Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) and RefleXion Medical, Inc. (Hayward, California, U.S.) (RefleXion) today announced the signing of a co-development and commercialisation agreement, to expand the use of Telix's prostate cancer imaging agent, Illuccix® (kit for preparation of gallium (68Ga) gozetotide) with the RefleXion® biology-guided radiotherapy (BgRT)* platform to guide external-beam radiotherapy in real-time.
BgRT is the first and only cancer treatment designed to integrate PET technology as part of external-beam radiotherapy delivery. It uses PET tracers as biological guides to signal the location of cancer and guide the delivery of radiotherapy to tumors in real-time. BgRT has the potential to offer significant advantages over conventional radiotherapy as it may one day enable treatment of multiple tumors per session for metastatic disease, increase the conformality of radiotherapy delivery, and reduce toxicity to healthy tissue. This approach may facilitate treatment of later stage cancers than is currently practical for hospitals or tolerable by patients.
Under the agreement, which builds on an existing strategic collaboration[1] between the companies, Telix and RefleXion will conduct and co-fund a BgRT clinical program using Illuccix as a biological guide, seek regulatory approval and jointly pursue commercialization, initially in the United States. The parties will share in any upside generated if successfully commercialized. The clinical program is expected to commence in 2023. RefleXion is exclusively partnering with Telix for 68Ga PSMA-PET imaging agents for use with BgRT. The agreement also includes the potential to expand the exclusive relationship beyond the U.S., in countries where both Illuccix and BgRT are intending to be commercialised.
If approved, Illuccix for BgRT could potentially open a broad new market opportunity for Illuccix as a therapy guidance agent. More than 60,000 men undergo external-beam radiotherapy for prostate cancer every year in the U.S. alone[2]. Illuccix for BgRT would require up to five doses per patient (one for each session of external-beam radiotherapy), potentially expanding the volume of Illuccix used in the U.S. significantly. The scheduling flexibility of Gallium-based compounds such as Illuccix may provide additional advantages for patients and caregivers using BgRT technology.
Dr. Christian Behrenbruch, Group CEO of Telix Pharmaceuticals said, "Following a successful evaluation period, we are pleased to expand our relationship with RefleXion and move ahead with a clinical program with the objective of regulatory approval of Illuccix for BgRT. This partnership demonstrates the potential for Illuccix and other molecularly-targeted imaging agents in our pipeline to be used as a tool to both detect the presence of metastatic disease and guide treatment using innovative complementary technologies such as BgRT."
Dr. Thorsten Melcher, Chief Business Officer at RefleXion added, "With PSMA-PET quickly being established as a standard of care in prostate cancer imaging, the clinical program aims to determine whether Telix's gallium-based tracer can provide a complete and robust signal to guide BgRT to treat all stages of prostate cancer, eventually including metastatic disease. Illuccix offers great accessibility and scheduling flexibility, factors which we believe will be well-suited to the treatment regimen with our BgRT system."
Reflexion has received marketing clearance from the United States Food and Drug Administration (FDA) for its X1 machine that combines high quality computed tomography (CT) imaging with stereotactic body radiotherapy (SBRT), stereotactic radiosurgery (SRS) and intensity modulated radiotherapy (IMRT).
About RefleXion Medical
RefleXion is a privately-held company developing the first biology-guided radiotherapy system, a significant change in strategy from single tumor therapy to the ability to one day treat multiple tumors in the same treatment session in cancers that have metastasized. Currently, the RefleXion X1 machine is cleared for the delivery of stereotactic body radiotherapy (SBRT), stereotactic radiosurgery (SRS) and intensity modulated radiotherapy (IMRT). The company is also developing BgRT, which incorporates positron-emission tomography (PET) imaging data to enable tumors to continuously signal their location. The BgRT technology will synchronize these data with the linear accelerator to direct radiotherapy to tumors with sub-second latency. For more information, visit www.reflexion.com and follow RefleXion on Twitter (@reflexionmed) and LinkedIn.
*The RefleXion® X1 is cleared for SBRT/SRS/IMRT. BgRT is pending regulatory review and is not commercially available.
About Telix Pharmaceuticals Limited
Telix is a biopharmaceutical company focused on the development and commercialisation of diagnostic and therapeutic products using Molecularly Targeted Radiation (MTR). Telix is headquartered in Melbourne, Australia with international operations in Belgium, Japan, Switzerland, and the United States. Telix is developing a portfolio of clinical-stage products that address significant unmet medical need in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX). For more information visit www.telixpharma.com and follow Telix on Twitter (@TelixPharma) and LinkedIn.
About Illuccix® (kit for the preparation of gallium Ga 68 gozetotide injection)
Telix's lead product, Illuccix® (kit for the preparation of gallium Ga 68 gozetotide injection), also known as 68Ga PSMA-11 injection, has been approved by the U.S. Food and Drug Administration (FDA),[7] and by the Australian Therapeutic Goods Administration (TGA).[8] Telix is also progressing marketing authorisation applications for this investigational candidate in Europe[9] and Canada.[10] Illuccix is currently being investigated in combination with BgRT treatment.
INDICATIONS AND USAGE
Illuccix®, after radiolabeling with Ga 68, is a radioactive diagnostic agent indicated for positron emission tomography (PET) of prostate-specific membrane antigen (PSMA) positive lesions in men with prostate cancer:
- with suspected metastasis who are candidates for initial definitive therapy
- with suspected recurrence based on elevated serum prostate-specific antigen (PSA) level
IMPORTANT SAFETY INFORMATION
WARNINGS AND PRECAUTIONS
Risk for Misdiagnosis
Image interpretation errors can occur with gallium Ga 68 gozetotide PET. A negative image does not rule out the presence of prostate cancer and a positive image does not confirm the presence of prostate cancer. The performance of gallium Ga 68 gozetotide for imaging of biochemically recurrent prostate cancer seems to be affected by serum PSA levels and by site of disease. The performance of gallium Ga 68 gozetotide for imaging of metastatic pelvic lymph nodes prior to initial definitive therapy seems to be affected by Gleason score. Gallium Ga 68 gozetotide uptake is not specific for prostate cancer and may occur with other types of cancer as well as non-malignant processes such as Paget's disease, fibrous dysplasia, and osteophytosis. Clinical correlation, which may include histopathological evaluation of the suspected prostate cancer site, is recommended.
Radiation Risks
Gallium Ga 68 gozetotide contributes to a patient's overall long-term cumulative radiation exposure. Long-term cumulative radiation exposure is associated with an increased risk for cancer. Ensure safe handling to minimize radiation exposure to the patient and health care workers. Advise patients to hydrate before and after administration and to void frequently after administration.
ADVERSE REACTIONS
The safety of gallium Ga 68 gozetotide was evaluated in 960 patients, each receiving one dose of gallium Ga 68 gozetotide. The average injected activity was 188.7 ± 40.7 MBq (5.1 ± 1.1 mCi). No serious adverse reactions were attributed to gallium Ga 68 gozetotide. The most commonly reported adverse reactions were nausea, diarrhea, and dizziness, occurring at a rate of < 1%.
DRUG INTERACTIONS
Androgen deprivation therapy and other therapies targeting the androgen pathway
Androgen deprivation therapy (ADT) and other therapies targeting the androgen pathway, such as androgen receptor antagonists, can result in changes in uptake of gallium Ga 68 gozetotide in prostate cancer. The effect of these therapies on performance of gallium Ga 68 gozetotide PET has not been established.
You are encouraged to report suspected adverse reactions of prescription drugs to the FDA. Visit MedWatch at www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report adverse reactions to Telix by calling 1-844-455-8638 or via email to pharmacovigilance@telixpharma.com.
Please note this information is not comprehensive. Please see full Prescribing Information
RefleXion Media Contact:
Amy Cook
RefleXion Medical
Email: acook@reflexion.com
Telix Investor Relations
Ms. Kyahn Williamson
Telix Pharmaceuticals Limited
SVP Corporate Communications and Investor Relations
Email: kyahn.williamson@telixpharma.com
Legal Notices
This announcement may include forward-looking statements that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as "may", "expect", "intend", "plan", "estimate", "anticipate", "outlook", "forecast" and "guidance", or other similar words. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on the Company's good-faith assumptions as to the financial, market, regulatory and other considerations that exist and affect the Company's business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix's business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress and results of Telix's preclinical and clinical studies, and Telix's research and development programs; Telix's ability to advance product candidates into, enrol and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals, manufacturing activities and product marketing activities; the commercialisation of Telix's product candidates, if or when they have been approved; estimates of Telix's expenses, future revenues and capital requirements; Telix's financial performance; developments relating to Telix's competitors and industry; and the pricing and reimbursement of Telix's product candidates, if and after they have been approved. Telix's actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.
To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to publicly update or revise any forward-looking statements contained in this announcement, whether as a result of new information, future developments or a change in expectations or assumptions.
The Telix Pharmaceuticals name and logo are trademarks of Telix Pharmaceuticals Limited and its affiliates (all rights reserved).
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SOURCE Telix Pharmaceuticals Limited | https://www.kxii.com/prnewswire/2022/06/10/telix-reflexion-expand-partnership-prostate-cancer-treatment/ | 2022-06-10T11:22:02Z |
Announces Acquisition of Ticket Express
OVERLAND PARK, Kan., April 7, 2022 /PRNewswire/ -- Tickets For Less®, one of North America's fastest growing event distribution companies, has announced the acquisition of Ticket Express, a leading Midwest reseller located in Omaha, Neb. Ticket Express has serviced fans across the state of Nebraska and Western Iowa for nearly 30 years and will operate under the Tickets For Less brand.
With the Tickets For Less brand already reaching across the region with local media, sports and music partnerships, this strategic acquisition positions the local retailer as the go-to ticket option for fans across the central U.S. Armed with an aligned customer service value, Tickets For Less will now service local markets from office locations in Omaha, Neb. and Tuscaloosa, Ala., along with their headquarters in the Kansas City region. Chad Carr, owner and founder of Ticket Express, will join the Tickets For Less team as Nebraska Area Manager.
The Ticket Express acquisition adds to the Tickets For Less history of growing by partnership, including the most recent acquisition of Just Tix out of San Francisco, Calif., which was finalized last month. Other acquisitions include Ticket Solutions, Ace Sports and Brickhouse Tickets.
About Tickets For Less
Founded in 2004, Tickets For Less is one of the fastest growing event distribution companies in North America and is the leading Midwest ticket marketplace for sports and live entertainment, consistently receiving highly rated customer reviews. Tickets For Less' success is rooted in their ability to provide an easy ticket buying experience to their customer with no service fees or surprises at checkout (www.ticketsforless.com). In 2020, Ticket Solutions, an industry leader in hospitality, fan travel, VIP corporate ticketing and premium experiences joined the Tickets For Less family. Ticket Solutions is now the go-to market brand for all Tickets For Less business-to-business operations (www.ticketsolutions.com).
About Ticket Express
Founded in 1992, Ticket Express is a local ticket reseller located in Omaha, Neb. with access to nationwide sports, concert and theater events. As the leading reseller for Nebraska Cornhusker football and the College World Series, Ticket Express has serviced fans across the state of Nebraska and Western Iowa. Built around top tier customer service, Ticket Express offers consumers a transparent experience when buying and selling tickets. (www.ticketexpress.com).
CONTACT:
Mary Strickler, Director of Marketing and eCommerce
Tickets For Less, LLC
mary.strickler@ticketsforless.com
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SOURCE Tickets For Less | https://www.wibw.com/prnewswire/2022/04/07/tickets-less-continues-retail-expansion/ | 2022-04-08T02:51:02Z |
The multi-campus project leverages the firms' experience in education and healthcare design, as well as their knowledge of the specific needs of higher education and healthcare clients in Montana.
BILLINGS, Mont., April 18, 2022 /PRNewswire/ -- A partnership of Cushing Terrell and CO Architects has been awarded a contract to provide design services for five new Montana State University (MSU) nursing education centers in Bozeman, Billings, Great Falls, Kalispell, and Missoula.
Funded by the largest philanthropic gift in U.S. history to a college of nursing and aimed at improving access to quality healthcare throughout Montana, the $101-million donation will endow five faculty professorships and a scholarship fund, create Montana's only certified midwifery program, and provide state-of-the-art classrooms and simulations laboratories.
"This opportunity is the culmination of our team's deep bench of experience in the education and healthcare markets, which we've served for 80-plus years," Cushing Terrell President Greg Matthews said. "We're proud to join forces with CO Architects, known for their world-class expertise in nursing education design, to support MSU in their work to ensure aspiring healthcare professionals have the best learning and training facilities possible."
According to the Bureau of Labor Statistics, there will be an estimated 175,900 job openings for registered nurses each year through 2029. This figure highlights the need to continue building this essential workforce.
"A strong workforce starts with a strong educational foundation, and this goes far beyond a traditional classroom or lecture hall environment," Education Design Studio Director Jim Beal said. "It means technology-enriched, hands-on learning spaces dedicated to simulation and real-life experiences, which also serve to inspire wellness, compassion, and visionary ideas."
The MSU Mark and Robyn Jones College of Nursing projects will engage the design partnership's education and healthcare teams for the next three-to-five years, with the goal of delivering modern, experience-based, adaptive facilities that provide students with skillsets that drive innovation and fully prepare them for a career in healthcare.
About Cushing Terrell
Cushing Terrell was founded in 1938 on the belief that integrating architecture, engineering, and design opens the doors for deepened relationships and enhanced creativity. This foundation continues to define the firm and its multidisciplinary team today. With 13 offices across the United States and services spanning 30 disciplines, the team works collaboratively to design systems and spaces that help people live their best lives and enjoy healthy, sustainable built environments. cushingterrell.com
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SOURCE Cushing Terrell | https://www.mysuncoast.com/prnewswire/2022/04/18/cushing-terrell-co-architects-awarded-montana-state-university-college-nursing-contract/ | 2022-04-18T20:58:34Z |
Metered Cryospray treats damaged airways enabling a rejuvenative healing response
BOSTON, Sept. 6, 2022 /PRNewswire/ -- CSA Medical, Inc., today announced results from the first randomized, controlled study of Metered Cryospray (MCS) utilizing the RejuvenAir® System for the treatment of Chronic Bronchitis. The data was presented at the International Congress of the European Respiratory Society in Barcelona, Spain by Christopher Orton, MD, of The Royal Brompton Hospital, London, UK.
SGRQ and CAT, the gold standard measurement for patient reported symptom scores, were statistically significant and clinically meaningful, respectively. Chronic Bronchitis, the largest subset of COPD, is a progressive, irreversible disease with no cure. Medications merely manage symptoms, but over time, chronic productive cough and breathlessness worsen. As expected, quality of life in the sham group continued to decline. However, sham subjects were offered cross-over to treatment at 6 months and to date, all 32 subjects have completed treatment.
The Royal Brompton team previously reported strong safety and clinically meaningful 24 month results, from an open-label trial, now 36 months out. Together with this new cohort, they have performed over 100 Metered Cryospray treatments with zero pneumothoraces. "This first randomized controlled study data reinforces previous feasibility results showing Quality of Life improvement in patients with chronic bronchitis. RejuvenAir® Metered Cryospray is both safe and effective in a patient population with multiple co-morbidities, in a disease with no established therapies," summarized Pallav Shah, Professor of Respiratory Medicine, Imperial College, London.
The RejuvenAir System is designed to address the underlying cause of Chronic Bronchitis, the damaged cilia and mucus-producing goblet cells lining the airways and enable a rejuvenative healing response. SPRAY-CB, the pivotal study of the RejuvenAir System in patients with COPD with Chronic Bronchitis, is actively enrolling.
Chronic Bronchitis is the largest disease subset of Chronic Obstructive Pulmonary Disease (COPD). Bronchitis is inflammation of the bronchial airways. A chronic bronchitis diagnosis is defined by cough with productive sputum of three months duration for two consecutive years. In addition to a chronic inflammation, cough and increased production of mucus, chronic bronchitis may or may not present with obstruction/partially blocked airways due to swelling and excess mucus in the bronchi, or shortness of breath (dyspnea). In the United States, there are an estimated 16 million people with COPD, of which over 9 million have a diagnosis of chronic bronchitis. Approximately 700,000 people are hospitalized for symptoms/exacerbations of chronic bronchitis every year. In Europe, there are approximately 23 million people with COPD and approximately 1.5 million hospitalizations per year for COPD.
CSA Medical, Inc. develops and manufactures proprietary interventional liquid nitrogen spray cryotherapy systems that utilize software-driven dosimetry and specialty catheters that enable delivery of cryogen spray inside the airways to flash freeze and destroy damaged cells allowing for a rejuvenative pattern of healing.
The RejuvenAir System is approved in the EU and under clinical investigation in the United States. To learn more about our technology or clinical trials, please visit www.rejuvenair.com or www.clinicaltrials.gov [Identifiers: NCT03893370 and NCT03892694].
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SOURCE CSA Medical | https://www.kxii.com/prnewswire/2022/09/06/first-randomized-controlled-study-with-rejuvenair-chronic-bronchitis-shows-clinically-significant-results/ | 2022-09-06T11:27:13Z |
All-Star INF Carpenter released from Rangers’ Triple-A team
ROUND ROCK, Texas (AP) — Three-time All-Star infielder Matt Carpenter is a free agent after being released by the Texas Rangers from their Triple-A team. The move Thursday was a mutual decision because of the lack of opportunity with their big league team. The 36-year-old Carpenter went to spring training on a minor league deal, then hit .275 with six homers and 19 RBIs in 21 Triple-A games. His first 11 major league seasons were with St. Louis. The Cardinals paid a $2 million buyout instead of exercising their $18.5 million club option after hit .169 in with three homers and 21 RBIs in 130 games last season. | https://localnews8.com/sports/ap-national-sports/2022/05/19/all-star-inf-carpenter-released-from-rangers-triple-a-team/ | 2022-05-19T23:36:52Z |
A soldier in Alaska died Tuesday after being attacked by a bear who wildlife officials say may have been trying to protect her cubs.
After he was mauled, Staff Sgt. Seth Michael Plant was transported to the Army base hospital where he was pronounced dead, Army Alaska said in a news release Thursday.
Another soldier was also injured during the attack, the release said, and was treated for minor injuries and released.
Plant was an infantryman from the 3rd Battalion, 509th Parachute Infantry Regiment and was working in a training area at Joint Base Elmendorf- Richardson (JBER) when the attack took place, according to the release.
"Staff Sgt. Plant was an integral part of our organization," said Lt. Col. David J. Nelson, commander of the 3rd Battalion, 509th Parachute Infantry Regiment in a statement. "He was a positive and dedicated leader who brought joy and energy to the paratroopers who served with him."
Plant, 30, was the recipient of several awards and decorations, including the Army Commendation Medal, Army Achievement Medal, Army Good Conduct Medal, National Defense Service Medal and Afghanistan Campaign Medal.
"He always had a smile on his face, he always went above and beyond what was asked of him, and he served as an inspiration to all who had the privilege to know him," Nelson said. "His loss is deeply felt within our organization, and we offer our sincere condolences to friends and family."
Prior to joining the active-duty Army in January 2015, Plant, who is from Saint Augustine, Florida, served in the reserves and was stationed at Fort Benning, Georgia, and Fort Bragg, North Carolina, according to the release. He arrived at JBER in July 2021.
Likely a defensive attack by a female bear
The area where Plant was attacked is in a remote part of the military base, according to a release from the Alaska Department of Fish and Game. Department employees were called to the area after the attack occurred and found a bear den nearby with two brown bear cubs in it.
"From everything we know so far, based on the scene investigation and information from other responding agencies, this appears to be a defensive attack by a female bear protecting her cubs," said Cyndi Wardlow, Southcentral Regional Supervisor for the department in the news release. "We are trying to learn everything we can about what happened to increase public safety around wildlife in Alaska."
All three species of North American bears live in Alaska, according to the ADFG website, although hair collected from the scene suggests it was a brown bear, the department said. While the animals tend to "avoid or ignore people," they can be dangerous, the department says.
An adult bear was seen on game cameras returning to the den and leaving with the cubs, the department said.
"A bear that is considered a public safety threat or involved in a fatal attack may be killed by the Department," the ADFG release said.
Army Criminal Investigation Division personnel are working with the Alaska Wildlife Troopers, the Alaska Department of Fish and Game, and other agencies to investigate the attack.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/soldier-killed-and-another-injured-in-bear-attack-in-alaska/article_f64df101-5f5a-532e-8943-33fd03b95d83.html | 2022-05-13T02:55:11Z |
Enterprises get real-time access to distributed data, no matter where it is
SANTA CLARA, Calif., June 6, 2022 /PRNewswire/ -- Vertica, a Micro Focus (LSE: MCRO) (NYSE: MFGP) line of business, today announced an integration with Vcinity to deliver faster processing of intelligent insights, whether on premises or in the cloud, without moving the data. Vcinity's patented data access technology enables Vertica's advanced analytics and in-database machine learning platform to operate on geographically dispersed data across hybrid cloud environments as if Vertica clusters and its data were co-located. This approach delivers local-like performance regardless of distance or latency and enables data-heavy applications to access data in real time, where and when it is created.
"With this integration, Vertica is committed to providing our joint customers with the broadest options to accommodate the processing of their intelligent insights on-premises or in the clouds, without the need to move the data," said Scott Richards, vice president and general manager of the Vertica Business Unit at Micro Focus. "Now, every organization can run Vertica's advanced analytics and in-database machine learning platform with Vcinity's Hybrid Cloud Solution to keep their data wherever they want."
"At Vcinity, we believe location shouldn't dictate the value of your data. That's why we offer enterprises ultimate access and choice to operate across hybrid and multi-cloud environments, which we are bringing to bear through relationships with leading-edge vendors, like Vertica," said Harry Carr, CEO and chairman of Vcinity, Inc. "We are particularly pleased with today's announcement, as it showcases our technology's proven ability to decouple location of data, and compute of data-heavy applications. This opens a wealth of opportunities for analytical applications by making data accessible, wherever it is."
The Vcinity Hybrid Cloud Solution integration for Vertica enables data and compute to be physically, geographically separated while maintaining comparable application performance on Vertica's unified data analytics platform. Benefits of the Vcinity integration with Vertica include:
- Accelerate time to insights: Vertica customers can enable data analytics and AI/ML applications to begin processing sooner — even as soon as the data is created — by removing the need to move or copy the data from where it currently sits.
- Improve efficacy of insights: By enabling expanded access to remote data, customers can further enrich analytics and AI/ML applications with more data, increasing accuracy of application output irrespective of data locality.
- Increase operational agility across hybrid deployments: Enterprises can expand the use of their analytics and AI/ML applications and ease Vertica Accelerator adoption in the cloud with flexibility to execute on data, anywhere it's located. Additionally, customers can have expanded access to data silos deployed across hybrid environments to innovate and implement new applications.
- Decrease TCO: Organizations can reduce costs associated with data duplication and transfers and increase the effectiveness of current physical infrastructures.
- Retain control of data: Enterprises can use Vertica to analyze data anywhere while maintaining local-like application performance, allowing them to meet data residency requirements by keeping them on-prem as needed.
Learn more about the Vcinity Hybrid Cloud Solution for Vertica here. For additional details, view the Solution Brief and Testing Summary online or stop by the Vcinity booth at Vertica Unify in Boston on June 7.
For more information about Vertica, please visit www.vertica.com. To learn more about Vertica on Twitter, please follow @VerticaUnified and join Vertica on LinkedIn.
The core analytical database within the Micro Focus software portfolio, Vertica is the Unified Analytics Platform, based on a massively scalable architecture with the broadest set of analytical functions spanning event and time series, pattern matching, geospatial, and end-to-end in-database machine learning. Vertica enables many customers – from Philips to The Trade Desk to MassMutual to many others – to easily apply these powerful functions to the largest and most demanding analytical workloads, arming businesses and its customers with predictive business insights faster than any analytical database or data warehouse in the market. Vertica provides its Unified Analytics Platform as SaaS on AWS, across all major public clouds and on-premises data centers as a BYOL (bring your own license) model, and integrates data in cloud object storage.
Vcinity increases the agility and velocity of digital transformation for enterprises by enabling applications to instantly access and operate on data regardless of where it exists. The company's solutions eliminate the necessity to move, copy, or cache data near compute. Applications process data at the point and time of creation with LAN performance. To find out more about Vcinity, visit https://vcinity.io or check out the company on Twitter and LinkedIn.
Contact: microfocus@pancomm.com
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SOURCE Micro Focus | https://www.wibw.com/prnewswire/2022/06/06/vertica-vcinity-bring-faster-access-intelligent-insights-on-premises-clouds/ | 2022-06-06T15:18:26Z |
CHARLOTTE, N.C., July 13, 2022 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock:
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,100 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 54 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom, and register for news email alerts.
Investors May Contact:
Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com
Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com
Reporters May Contact:
Christopher P. Feeney, Bank of America
Phone: 1.980.386.6794
christopher.feeney@bofa.com
1 Each series of preferred stock, other than Series F and Series G, is represented by depositary shares. Dividend payments are made on a quarterly basis for each series of preferred stock, other than Series X, Series AA, Series DD, and Series FF for which dividends are paid on a semi-annual basis.
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SOURCE Bank of America Corporation | https://www.kxii.com/prnewswire/2022/07/13/bank-america-declares-preferred-stock-dividends-third-quarter-2022/ | 2022-07-13T20:38:37Z |
TOKYO, Aug. 24, 2022 /PRNewswire/ -- On August 17, the nano-MBA Program joined GLOBIS University's lineup of cutting-edge business education services. The first course, Leadership and Career Vision, will start on October 29 and run for six weeks.
The nano-MBA takes a unique approach to business education, compacting study for partial MBA credit (0.5 credits per course) which is then transferable to the Full-Time MBA or Part-Time and Online MBA programs at GLOBIS University. Students of the nano-MBA will also have limited access to the online learning platform GLOBIS Unlimited to hone skills relevant to the course.
GLOBIS nano-MBA Curriculum
The nano-MBA includes a variety of educational media to enhance the study experience: live classes, videos, comprehension exercises with AI feedback, and reflection sessions. Comprehension exercises with AI feedback were developed by GLOBIS specifically for this program, further enabling students to practice solving real-life business problems. Lecturers provide tailored feedback for deeper insights into targeted frameworks and management methodologies.
As technology accelerates business on a global scale, upskilling is more important than ever. The GLOBIS nano-MBA provides a way for future business leaders to meet this challenging new environment head on.
Course Structure
Week 1:
- Live class
- Video: Basic theory & concepts
- Comprehension exercises (with AI feedback)
- Review & reflection
Weeks 2 to 4:
- Video: Basic theory & concepts
- Video: Real-world applications
- Comprehension exercises (with AI feedback)
- Review & reflection
- Group work
Week 5:
- Comprehension exercises (with AI feedback)
- Video: Basic theory & concepts
- Video: Real-world applications
- Capstone case
- Review & reflection
- Group work
Week 6:
- Live class
- Comprehension exercises (with AI feedback)
- Review & reflection
- Group work
Pricing + Enrollment
Course fee: $350 (no enrollment fee)
Scholarship: Up to 50% of course fee*
Duration: 6 weeks
Credit: 0.5 credits
Start date: October 29, 2022
Campus: Online
More information: https://nano-mba.globis.ac.jp/courses/
* Scholarships are merit-based, allocated to students whose finances would restrict their ability to participate otherwise. Applications are a part of the main application process.
Course: Leadership and Career Vision
Faculty: Adam Gordon
Summary: Learn key concepts of leadership to help your organization and your members grow, as well as reflect on your career as a leader.
Start date: October 29, 2022
Registration deadline: October 15, 2022
Duration: October 29 to December 9, 2022
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SOURCE GLOBIS Corporation | https://www.kxii.com/prnewswire/2022/08/24/globis-launches-nano-mba-with-ai-powered-feedback/ | 2022-08-24T09:29:53Z |
SCOTTSDALE, Ariz., Aug. 16, 2022 /PRNewswire/ -- Despite the pandemic-fueled headwinds that plagued many companies the past few years, evolvedMD, a leader in behavioral health integration in modern primary care, joins the 2022 Inc. 5000 list of the "Fastest Growing Private Companies in America."
It is the first time evolvedMD has made the list, coming in at No. 1,522, ranked by percentage revenue growth over four years through 2021, and in the top 100 in Health Services.
"Making the Inc. 5000 list and experiencing the exponential growth that we have illustrates the dire need for easy access to mental health care across all segments of our society – from developing adolescents and isolated seniors to Medicare beneficiaries and private market patients," says Co-Founder and Co-CEO Erik Osland. "Many of us need behavioral health support for better overall well-being. The COVID-19 pandemic has accelerated these needs even more and further spurred the growth of our company."
The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent.
Anchored by its mission of reimagining behavioral health for all, evolvedMD is disrupting the state of healthcare by integrating behavioral health services in modern primary care. The company's enhanced Psychiatric Collaborative Care Model (CoCM) delivers a comprehensive solution for primary care physicians (PCPs) that provides mental health expertise, psychiatric consultation, ongoing clinical support and case management, insurance support and navigation, business operations support, and process communications.
"By leaning on the diverse expertise of our team, we identified early on that we can provide life-altering collaborative care that improves patient outcomes and changes people's lives," fellow Co-Founder and Co-CEO Steve Biljan says. "The growth we have experienced is a testament to our innovative model and expect to see continued growth going forward."
Being an Inc. 5000 honoree continues a busy year for evolvedMD, as the company added new Arizona and Utah customers Advanced Spine and Pain Centers, HealthyU Clinics, and Premier Family Medical, and forged new partnerships with behavioral health data firm NeuroFlow and care coordination specialist Rovicare. evolvedMD also recently received a $5.4 million Series A infusion of capital from investors Waterline Ventures of Boston and California-based Conductive. The new investment allows evolvedMD to continue to build out company operations and its technology infrastructure to support both patients and additional providers.
Founded in 1979 and acquired by Mansueto Ventures in 2005, Inc. is the only major media brand dedicated exclusively to owners and managers of growing private companies. The company, whose products reach more than 20 million each month, hosts an annual Conference and Awards Ceremony for Inc. 5000 honorees, celebrating their achievements, presenting workshops and offering networking functions. evolvedMD will receive its recognition Oct. 19-21 in Phoenix. For more information, visit conference.inc.com/.
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at inc.com/inc5000.
-30-
For more information, contact:
Sentari Minor
Head of Strategy, evolvedMD
(602) 396-8901
sminor@evolvedmd.com
Media note:
Company lowercases name unless all caps in headline, evolvedMD is proper name/spelling.
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SOURCE evolvedMD | https://www.wibw.com/prnewswire/2022/08/16/evolvedmd-earns-place-among-elite-inc-5000-fastest-growing-private-companies-america/ | 2022-08-16T20:53:48Z |
DALLAS, May 20, 2022 /PRNewswire/ -- Marine Petroleum Trust (NASDAQ: MARPS) ("Marine") today declared a quarterly cash distribution to the holders of its units of beneficial interest of $0.197500 per unit, payable on June 28, 2022, to unitholders of record on May 31, 2022. Marine's 2021 tax information, cash distribution history, current and prior year financial reports, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.marps-marine.com/. Additionally, printed reports can be requested and are mailed free of charge.
This distribution of $0.197500 per unit is higher than the $0.107485 per unit distributed last quarter. As compared to the previous quarter, the volume of oil produced and included in this distribution decreased slightly while the volume of natural gas has increased. The price realized for oil produced and included in the current distribution increased this quarter while the price for natural gas decreased. This distribution is higher than the $0.028228 per unit distributed in the comparable quarter in 2021. As compared to the comparable quarter in 2021, the volumes of both oil and natural gas produced and included in the current distribution and the price realized for both oil and natural gas have increased.
Also included in this quarter's distribution is the Final Distribution from Marine's investment in Tidelands Royalty Trust "B" in the amount of $93,134.47, received as of February 14, 2022.
Marine's distributions to unitholders are determined by royalties received up to the date the distribution amount is declared. In general, Marine receives royalties two months after oil production and three months after natural gas production.
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SOURCE Marine Petroleum Trust | https://www.mysuncoast.com/prnewswire/2022/05/20/marine-petroleum-trust-announces-second-quarter-cash-distribution/ | 2022-05-20T14:24:42Z |
HomeLister sets itself as not the average home-selling website
SANTA MONICA, Calif., May 23, 2022 /PRNewswire/ -- HomeLister, the online-based digital brokerage, continues to distinguish itself from the other hundreds of home selling websites.
HomeLister.com aims to provide customized, personalized support to every customer. Whether homeowners need a little help or more, the company understands that every home and customer is different; therefore, their home selling experience should also be different.
Compared to other online home seller websites that are either "all help" or "none at all," HomeLister.com allows the customer to choose what type of help they want throughout each step of the selling process via their three-tiered price plans of "Basic," "Premium," and "Platinum."
HomeLister.com also offers à la carte options that allow homeowners to add additional services.
In a world where many things can be complex, HomeLister.com makes the home selling process easy. Customers can even complete their listing in one session. If they're unable to do so, pressing the "Save & Next" button saves each listing so that they can come back and pick up right where they left off.
HomeLister.com services are entirely online and virtual, providing the customer with the tools to successfully sell their home while saving themselves thousands of dollars they would otherwise pay in commissions. HomeLister.com's technology enables the company to provide quality services at significantly lower prices than local agents.
"We listed our home on a Friday with the help of a very responsive HomeLister team," a recent reviewer wrote. "The website was very user-friendly and self-explanatory, but when I needed a question answered, someone was there to answer in chat within seconds. The listing went on our local MLS on a Tuesday. And we had our buyer by Thursday!"
About HomeLister
HomeLister offers homeowners an empowering new way to sell their home without hiring a traditional real estate agent. Homeowners get their listing added to the MLS and every major real estate website with the ability to choose how much assistance they would like from HomeLister, and add additional services - like offer negotiation and professional photography - along the way. The company never takes a percentage of the sale price, charging a low flat fee starting at $599 instead. Learn more at homelister.com.
Contacts: Tommy Chang, 310-717-5707, tchang@homelister.com
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SOURCE HomeLister | https://www.mysuncoast.com/prnewswire/2022/05/23/homelister-stands-out-against-other-home-selling-sites/ | 2022-05-23T13:59:03Z |
Colorado rock climber falls 70 feet to death in Utah canyon
STEAMBOAT SPRINGS, Colo. (AP) — Authorities say a 41-year-old Colorado man died after falling about 70 feet during a rock climbing excursion in Utah. Steamboat Pilot & Today reports Arlo Lott Jr., of Steamboat Springs, fell when his rappel anchor broke loose in Farnsworth Canyon on Saturday. A helicopter medical crew tried to save his life for nearly an hour. It was the second climbing death in Emery County in as many days. On Friday, 50-year-old Craig Barlow, of Salt Lake City, was watching his friends rappel when the ledge he was sitting on broke loose. He fell 50 feet and died at a hospital. | https://localnews8.com/news/2022/04/19/colorado-rock-climber-falls-70-feet-to-death-in-utah-canyon/ | 2022-04-19T23:02:43Z |
Dad survives 317 days in the hospital, double lung transplant
By Meghan Schiller
Click here for updates on this story
PITTSBURGH (KDKA) — Jim Kolovos filled his day with work, his hockey team, and his family until everything changed.
“I contracted COVID towards the end of February 2021, and I was admitted to hospital on March 2,” said Kolovos, a Mars resident.
Just a few weeks shy of his first vaccine, he ended up at UPMC Presbyterian on a machine to keep his heart and lungs pumping.
“It was truly terrible,” he said. “Your oxygen level would be 100 percent, but I felt like it was 20 percent. All the shortness of breath, it was really, really tough.”
After six months in the hospital with no improvement, he boarded a plane for Chicago. Dr. Ankit Bharat, a transplant surgeon at Northwestern Memorial Hospital, believed he could save the father of two.
“It really emphasizes that sometimes you just have to try,” Bharat said. “And without trying, you don’t know whether the patient is going to have a good outcome or not.”
When other doctors wanted to withdraw care, Bharat scrubbed in for a double lung transplant.
“He was extremely motivated,” the doctor said. “He had a very supportive family that was there with him, and that I think played a very big part in this outcome.”
Kolovos survived the surgery, beating all the odds.
“When I was able to take clear breaths with my new lungs with no ventilator on, oh, my goodness, it was just amazing,” Kolovos said.
Kolovos started rehab in Chicago, graduating from standing up to riding the bike to walking with two helpers.
“I made a commitment early on,” he said. “I knew this was going to be a long road, but I was willing to fight very hard. I did not want to see my kids grow up without a dad and be sad and go through that.”
Now, he is walking on his own, forever grateful to the doctors who believed in him, his kids and his wife, Lauren.
“I’m going to be in Chicago until the latter part of summer, maybe fall,” Jim said. “So, I’m looking forward to that special moment when I get to get back home.”
KDKA’s Meghan Schiller asked him what he is craving from Pittsburgh.
“You’re always craving a Primanti’s sandwich. So, I’m sure that will be pretty quick for me to go to Primanti’s. And I just can’t wait to be back in my own house with my family and to enjoy how things used to be.”
Jim hopes to be settled in his home before the first Steelers game hits the TV this fall.
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/news/2022/04/02/dad-survives-317-days-in-the-hospital-double-lung-transplant/ | 2022-04-02T19:10:35Z |
LOS ANGELES, June 29, 2022 /PRNewswire/ -- Overwhelmed by all the shows and movies being released? Entertainment Weekly is launching "What to Watch on Google TV," a fun, lively three to five-minute monthly guide to help viewers choose from the vast number of entertainment programs streaming on the platform. The series is hosted by four EW entertainment experts curating their picks, which represent a wide range of tastes, genres, and viewing habits.
In the first episode, available here, the hosts – EW general manager and editor in chief Patrick Gomez, executive editor Gerrad Hall, deputy editor Chanelle Johnson, and TikTok producer Jorie McDonald – lay out their recommendations including the discovery+ reality series Trixie Motel, the Disney+ series Ms. Marvel, season 3 of Amazon Prime Video's The Boys!, and more. In addition to Google TV, "What to Watch" can be viewed on EW.com and EW's YouTube channel.
The series is an extension of EW's "What to Watch" podcast and video series, which premiered in 2020 offering the top three entertainment picks of the week.
"With more content than ever at our fingertips, EW's 'What to Watch' remains a vital resource for those who rely on us to curate what's worth their time," says Gomez. "We are so excited to further expand the footprint of this beloved franchise through this collaboration with Google TV, providing our pop culture expertise where and when you need it most."
Google TV is a smart TV experience that is built into televisions and streaming devices from top brands. It brings together movies, shows, live TV, and more in one place so viewers can find what to watch without jumping from app to app.
Google TV is the name of this device's software experience and a trademark of Google LLC. Google and YouTube are trademarks of Google LLC.
Dotdash Meredith's Entertainment Weekly (EW) is an all-access pass to Hollywood's most creative minds and most fascinating stars. Launched in 1990, EW is one of America's leading consumer brands in the entertainment category, with a combined audience of almost 28 million loyal, engaged fans. Each day, EW.com publishes a variety of features, news articles, TV episode recaps, original videos, film reviews, and photo galleries. With sharp insight, unparalleled access, and a trusted voice, EW keeps readers plugged into pop culture and the best in entertainment.
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SOURCE Entertainment Weekly | https://www.mysuncoast.com/prnewswire/2022/06/29/entertainment-weekly-helps-viewers-choose-what-watch-by-expanding-its-popular-franchise-google-tv/ | 2022-06-29T18:46:55Z |
NEW YORK, Aug. 29, 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:
Biohaven Pharmaceutical Holding Company Ltd. (NYSE: BHVN)'s sale to Pfizer Inc. for $148.50 per share in cash. Biohaven common shareholders, including Pfizer, will also receive 0.5 of a share of New Biohaven, a new publicly traded company that will retain Biohaven's non-CGRP development stage pipeline compounds, per Biohaven common share. If you are a Biohaven shareholder, click here to learn more about your rights and options.
ManTech International Corporation (NASDAQ: MANT)'s sale to Carlyle Group Inc. for $96.00 per share in cash. If you are a ManTech shareholder, click here to learn more about your rights and options.
Meridian Bioscience, Inc. (NASDAQ: VIVO)'s sale to SD Biosensor, Inc. and SJL Partners LLC for $34.00 per share in cash. If you are a Meridian shareholder, click here to learn more about your rights and options.
Hanger, Inc. (NYSE: HNGR)'s sale to Patient Square Capital for $18.75 in cash per share. If you are a Hanger shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.wibw.com/prnewswire/2022/08/29/shareholder-investigation-notice-halper-sadeh-llp-investigates-bhvn-mant-vivo-hngr/ | 2022-08-29T13:54:48Z |
PORTSMOUTH, Va. (WAVY) — If you don’t want your car stolen, you lock the doors. But for push-to-start cars, it may not be enough, a technology expert warns.
Relay devices can be used to steal push-to-start cars by amplifying your key fob signal. Many newer cars just need your key to be inside the car – not inside the ignition – to start. Relay devices trick the car into thinking the key is inside, allowing a thief to drive away.
“Somebody within so many meters of it will have this device and it will relay the key fob’s signal to the device in the car so the car thinks that key fob is next to it and it unlocks it,” said Scott Gibson, head of Computer and Information Science at ECPI University.
Without a relay device, a person can typically unlock their car from about 30 feet away. With a relay device, the signal can be amplified anywhere from 100 to 300 feet.
“Typically these types of attacks happen in residential areas where a lot of people have their keys hanging by the door or in the kitchen, an apartment community or townhouse community where keys are typically closer to where a car is parked,” Gibson explained.
“They can open your car and within 30 seconds to two minutes be out of your driveway with your vehicle,” Gibson continued.
Gibson said the devices were first used in Europe. In recent years, they have gained popularity in the U.S. as a keyless way to steal cars.
“You could find these devices online probably between $80 and $150,” Gibson said.
Any car with push-to-start is vulnerable, according to the Master Locksmiths Association.
Gibson said drivers with a push-to-start car could take extra precautions to avoid getting hit. You could purchase a pouch or bag that blocks your key’s fob signal. You could also put it further into your home, Forbes suggests, away from windows. Old-school steering wheel locks also help.
“You’ve got to treat it no different and protect it no different than you would another electronic device like your cell phone. It’s a computer. Smart vehicles are computers. They are connected,” Gibson explained. | https://cw33.com/news/nexstar-media-wire/relay-devices-being-used-to-steal-push-to-start-cars/ | 2022-07-27T21:46:48Z |
The Mulvane Art Fair returns in=person after COVID strikes
TOPEKA, Kan. (WIBW) -The Mulvane Art Fair is back for its 28th annual event. This year is the first time back in-person after a three year pause due to COVID.
“The crowd is incredible, one of our big jokes is we love it when we cant see the sidewalk because there is so many people here and we have already had that this morning, the gates opened at 10 o’clock and we just had a great response. I think everyone is ready to be back doing art fairs, getting outside of their houses just being done with COVID,” said Kevin Cassidy.
About 80 artists locally and nationally gathered at Washburn University to share their art with the community.
“This is great, I started out here when I was just beginning my art career and people continue to return and I have several generations of families that buy my work,” said artist Cally Krallman.
From jewelry, prints, wood, and ceramics, there is a little bit of everything within the fair.
“My booth has some of my regional landscape work and I have been a professional artist for about 28 years now and I try to paint the Flint Hills around Kansas and the midwest,” she said.
The fair gives back to artists and the community.
“Proceeds from the art sales go to them but through sponsorships and ticket sales that is what funds the Mulvane Art Museum,” said Cassidy.
The fair will resume Sunday from 10 a.m. to 3 p.m.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/04/mulvane-art-fair-returns-inperson-after-covid-strikes/ | 2022-06-04T18:48:48Z |
SAN FRANCISCO, July 18, 2022 /PRNewswire/ -- Cribl, the leader in enabling open observability, announced today that CRN®, a brand of The Channel Company, has named Cribl to its 2022 Emerging Vendors list in the Big Data category. This annual list recognizes fast-rising technology vendors that have exhibited a commitment to driving positive change and continuous growth in the IT and security channels by delivering innovative, cutting-edge solutions.
The technology vendors featured on CRN's 2022 Emerging Vendors are bringing a fresh approach to solving the IT and security challenges facing customers today, enabling their partners to deliver unique solutions that will ensure both channels' continued success.
Cribl's suite of products focuses on the fast-growing field of observability, providing operations and security teams unprecedented visibility into increasingly complex infrastructure and cybersecurity environments. Cribl Stream, the company's flagship product, is a vendor-agnostic observability pipeline that gives customers the flexibility to collect, reduce, enrich, normalize, and route data from any source to any destination within their existing data infrastructure. Cribl Edge is an observability agent that allows teams to automatically detect, collect, and process observability events in real time and deliver the data to any destination, directly or through Cribl Stream. Cribl Search, the company's newest product offering currently in preview, is the first open and vendor-agnostic analytics tool to perform "search-in-place" queries on any data, in any format, at any location.
"As part of our 2022 Emerging Vendors list, CRN recognizes technology vendors that are transforming the IT channel by providing revolutionary and innovative products that help customers manage ever-evolving IT demands," said Blaine Raddon, CEO of The Channel Company. "As a trusted industry resource, CRN's Emerging Vendors list gives solution providers insight into the latest groundbreaking IT channel technologies.
"Cribl is honored to have been named to CRN's 2022 Emerging Vendors list," says Zac Kilpatrick, VP of Global Channels at Cribl, who was recently recognized as a Channel Chief by CRN. "At Cribl, we pride ourselves on the value and innovation we bring to our customers and partners. Our suite of products, combined with the expertise of our great channel partners, give customers across industries the ability to have the choice and control to do what they want with their IT and security data in order to drive business outcomes."
Cribl has also been recognized by CRN in 2022 as a Cloud 100 Company and was named to the Big Data 100 List. The CRN 2022 Emerging Vendors list will be featured in the August 2022 issue of CRN Magazine and online at www.CRN.com/EmergingVendors.
Cribl makes open observability a reality for today's tech professionals. The Cribl product suite defies data gravity with radical levels of choice and control. Wherever the data comes from, wherever it needs to go, Cribl delivers the freedom and flexibility to make choices, not compromises. It's enterprise software that doesn't suck, enables tech professionals to do what they need to do, and gives them the ability to say "Yes." With Cribl, companies have the power to control their data, get more out of existing investments, and shape the observability future. Founded in 2017, Cribl is a remote-first company with an office in San Francisco, CA. For more information, visit www.cribl.io or our LinkedIn, Twitter, or Slack community.
Cribl Media Contact
Kelly Engemoen
media@cribl.io
The Channel Company enables breakthrough IT channel performance with our dominant media, engaging events, expert consulting and education, and innovative marketing services and platforms. As the channel catalyst, we connect and empower technology suppliers, solution providers and end users. Backed by nearly 40 years of unequalled channel experience, we draw from our deep knowledge to envision innovative new solutions for ever-evolving challenges in the technology marketplace. www.thechannelcompany.com
Follow The Channel Company: Twitter, LinkedIn and Facebook.
© 2022 The Channel Company, LLC. CRN is a registered trademark of The Channel Company, LLC. All rights reserved.
The Channel Company Contact:
Jennifer Hogan
The Channel Company
jhogan@thechannelcompany.com
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SOURCE Cribl | https://www.mysuncoast.com/prnewswire/2022/07/18/cribl-recognized-crn-2022-emerging-vendors-list/ | 2022-07-18T14:43:12Z |
MINNEAPOLIS, May 16, 2022 /PRNewswire/ -- NUWAY Alliance is hosting a free speaking event and panel discussion on May 19 from 6:30 p.m. to 8:30 p.m. at the 3R's NUWAY Counseling Center at 1404 Central Avenue in Minneapolis.
Author and activist Ryan Hampton will discuss his new book, Unsettled, a first-hand account of attempts to bring Purdue Pharma and its owners, the Sackler family, to justice. Hampton, a national recovery advocate, community organizer, and person in long-term recovery, has worked for multiple political campaigns and the Clinton White House. During the 2019 Sackler bankruptcy proceedings, Hampton served as co-chair of the watchdog creditors oversight committee and was one of just four victims appointed to represent the millions of individuals and families affected by the opioid epidemic in which addiction to the Purdue Pharma drug OxyContin played a major role. Few people have the subject matter expertise, lived experience, and access that Hampton brings to telling a story that is vital to the public's understanding of how powerful political, legal, and financial forces enabled the opioid crisis while shielding key players from key players full accountability.
"We are facing an epidemic of unprecedented proportion that is killing over one hundred thousand people per year, devastating families and communities, and fueling illicit activity around the world. The public should know that some of wealthy and powerful individuals and organizations who are most responsible for this catastrophe are getting off scot-free," says Hampton.
Following Hampton's talk will be an informative discussion by a panel of treatment providers, elected representatives, and recovery experts exploring how the opioid crisis and Sackler family settlement impact local communities and potential solutions.
As Minnesota's largest nonprofit substance use disorder extended care treatment provider, NUWAY is on the front lines of combatting the effects of the opioid & addiction epidemic, and many of its clients experience opioid use disorders. Bringing attention to the crucial need for treatment resources and reducing the stigma associated with substance use disorders is part of NUWAY Alliance's community relations efforts. The organization regularly hosts continuing education presentations for care providers, sponsors events that benefit members of Minnesota's recovery community, and works with government partners and payors to increase access to care for people with low recovery capital.
NUWAY has hosted several speaking events featuring Hampton, which draw large audiences. "Ryan brings a uniquely informed perspective to the intersection of substance use disorders, social determinates of health, and public policy," says Monique Bourgeois, NUWAY Alliance Chief Community Relations Officer. "We believe that Ryan's talk and the panel discussion will help community members understand the significant impacts of the crisis on Minnesotans, the challenges of managing addictive disorders, how systemic healthcare inequalities prevent huge numbers of people from getting the help they need, and why fundamental change is needed to reverse the extraordinary and growing rate of overdose deaths we are experiencing."
This event is free to attend. Up to 75 people can attend in person, and others can attend virtually. To register, please visit https://www.eventbrite.com/e/discussion-on-ending-the-overdose-crisis-supporting-recovery-tickets-310557585097
For more information about NUWAY Alliance, please visit https://www.nuway.org/.
Media Contact:
Monique Bourgeois
NUWAY Alliance Chief Community Relations Officer
(651) 964-3680
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SOURCE NUWAY | https://www.wibw.com/prnewswire/2022/05/16/nuway-alliance-hosts-national-recovery-advocate-ryan-hampton-an-expert-panel-discussion-opioid-addiction-crisis-may-19/ | 2022-05-16T14:48:04Z |
Lintz joins G FUEL's roster of content creators as part of a long-term agreement
NEW YORK, Aug. 19, 2022 /PRNewswire/ -- G FUEL – The Official Energy Drink of Esports® – is pleased to announce that actor Matt Lintz (Marvel Studios' Ms. Marvel, AMC's The Walking Dead) has joined the brand's elite roster of content creators.
"Becoming a member of the G FUEL team is a dream come true," said Lintz. "Growing up, playing games was a part of who I was, and who I still am today. To have the opportunity to be a part of a company who values gaming as much as I do is a once-in-a-lifetime opportunity, and I can't wait to represent what it means to be a G FUEL partner!"
Lintz recently starred as Kamala Khan/Ms. Marvel's best friend Bruno Carrelli in the critically acclaimed Marvel Studios series Ms. Marvel on Disney+. A longtime G FUEL fan and gamer, the 21-year-old regularly plays such games as Valorant, Apex Legends and MLB The Show 22, but Fortnite remains his all-time favorite title.
"When it comes to G FUEL partners, excitement and authenticity are incredibly important, and Matt Lintz brings both of those qualities to everything he does," said G FUEL Founder and CEO Cliff Morgan. "We're thrilled to welcome Matt into our passionate community of creators."
Lintz's partnership includes custom G FUEL content on his social media platforms as well as in-person appearances at retailers and fan events, including the following conventions:
- Aug. 19 - 21 – Colorado Springs Comic Con, Denver CO
- Sept. 30. - Oct 1 – SiouxperCon, Sioux Falls, SD
- Nov. 4 - 6 – Rhode Island Comic Con, Providence, RI
- Dec. 3 - 4 – Wales Comic Con, Wales, UK
Now at GFUEL.com, fans can save 30% on their next order by entering Code "LINTZ" at checkout.
Keep your eyes on G FUEL and Lintz's social media platforms for updates on this exciting partnership!
As The Official Energy Drink of Esports®, G FUEL provides gamers with a performance-driven alternative to standard energy drink products. With an ever-expanding, sugar-free product lineup that includes a powdered Energy Formula, ready-to-drink cans, powdered Hydration Formula and Sparkling Hydration bottles, G FUEL has firmly established itself as the market leader in the gamer energy drink industry.
With over 340,000 5-star Shopper Approved Ratings, a shipping network that spans over 125 countries, a nationwide retail campaign, and a global social media footprint of over 1 billion followers, G FUEL maintains the industry's largest and most passionate community of fans, customers, content creators, and partners including the likes of Ninja, Sentinels Esports, Logic, NoisyButters, Luminosity Gaming, PewDiePie, Mikal Bridges, Summit1G, xQc, Ghost Gaming, Activision, SEGA of America, Capcom®, Bethesda Game Studios, Warner Bros., Disney, Lucasfilm, Sony Pictures, The Tetris Company, BANDAI NAMCO Entertainment Inc., RESPAWN Products, SteelSeries, and Digital Storm.
Join the movement today at GFUEL.com and follow us on social media @GFuelEnergy.
Press Contact:
media@gfuel.com
Distribution and Wholesale Contact:
dluks@gfuel.com
Matt Lintz possesses range atypical from other actors his age. Being raised in an acting family of five he gained on set Film/Television experience early on in his life. Besides his recent Ms. Marvel television gig, Matt has been a regular on the Emmy-nominated drama The Alienist and AMC's The Walking Dead. Some of his film credits are Free State of Jones with Matthew McConaughey and Sony's Pixels with Adam Sandler, Kevin James and Peter Dinklage.
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SOURCE G Fuel | https://www.mysuncoast.com/prnewswire/2022/08/19/ms-marvel-actor-matt-lintz-partners-with-g-fuel/ | 2022-08-19T17:36:57Z |
China and Germany hold onto second and third position while UK sees significant drop in the global Travel & Tourism GDP rankings, falling four slots to ninth place in 2021
Global business travel outlook is positive
LONDON, Sept. 6, 2022 /PRNewswire/ -- The latest World Travel & Tourism Council's (WTTC) Economic Trends Report ranks the U.S. as the world's biggest and most powerful Travel & Tourism market by GDP contribution. But the rankings are illusionary as the U.S., like other top economies, bolstered its numbers through domestic travel, while international visitor numbers plummeted.
While its number one position was retained, the U.S. Travel & Tourism sector's contribution to the nation's economy fell by $700 billion in 2019, to just under $1.3 trillion last year. Long and damaging travel restrictions, which did little to halt the spread of COVID-19, resulted in serious economic and employment losses.
Behind the U.S., research by Oxford Economics for WTTC saw China second and Germany third for sector GDP contributions, representing no change in ranking since 2019. However, total sector economic contribution in both countries declined versus 2019.
China contributed more than $814 billion last year to the Chinese GDP (vs. $1.857 billion in 2019), while Germany's contributions to its economy were $251 billion compared with over $391 billion in 2019.
Meanwhile, the UK slipped dramatically from fifth place in 2019 to ninth in 2021, with a contribution of just over $157 billion, the biggest fall among the top 10 countries in the study.
But the rankings are illusionary as the top economies bolstered their numbers through domestic travel, while international visitor numbers plummeted.
Julia Simpson, WTTC President & CEO, said: "Our report shows the resilience of the Travel & Tourism sector, even in the face of travel restrictions around the world which failed to halt the spread of the virus.
"Despite a challenging macro environment, Travel & Tourism has bounced back. The world, with some exceptions, is traveling again. And we are seeing a resurgence in business travel. Over the next 10 years, Travel & Tourism growth will outstrip the overall growth rate of the global economy."
International Visitor Spending Drove Gains and Losses
In terms of international traveler spend, France, which was ranked fourth before the pandemic, overtook Spain, China, and the U.S. to grab first place.
China, which remains closed to much of the rest of the world, was in second place for international visitor spending before the pandemic but fell dramatically to 11th position in 2021.
Across Asia-Pacific, major Travel & Tourism markets saw huge losses in international spending. China was in second place for international visitor spending before the pandemic but fell dramatically to 11th position in 2021.
Countries like Thailand and Japan, which ranked fifth and eighth in international visitor spending before the pandemic, fell out of the top 20 altogether in 2021.
Business Travel and China Growth Outlook is Positive
According to WTTC's predictions, worldwide business travel is expected to grow more than 41% this year. For the next 10 years, it predicts business travel could grow an average of 5.5% annually and may return faster in the Asia-Pacific region.
WTTC predicts by 2032, China will overtake the U.S. to become the world's biggest Travel & Tourism market.
The research shows China's Travel & Tourism sector's contribution to GDP could reach $3.9 trillion by 2032, making it the world's most powerful Travel & Tourism market, and India could leapfrog Germany to reach third place with a projected value of $457 billion.
The World Travel & Tourism Council (WTTC) represents the global travel & tourism private sector. Members include 200 CEOs, Chairs and Presidents of the world's leading travel & tourism companies from all geographies covering all industries. For more than 30 years, WTTC has been committed to raising the awareness of governments and the public of the economic and social significance of the travel & tourism sector.
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SOURCE World Travel & Tourism Council | https://www.mysuncoast.com/prnewswire/2022/09/06/domestic-travel-helped-us-retain-its-position-worlds-biggest-travel-amp-tourism-market-despite-lengthy-travel-restrictions-international-visitors/ | 2022-09-06T16:04:30Z |
WASHINGTON, Aug. 11, 2022 /PRNewswire/ -- Cargill has made a $10 million grant to World Food Program USA in support of the United Nations World Food Programme's response to the global hunger crisis, escalated by the collateral impact of the Ukrainian war. This generous grant, the largest donation ever made by Cargill to World Food Program USA, comes at a moment of unprecedented need as 345 million people face severe hunger and 50 million teeter on the brink of famine around the world. The grant will support the U.N. World Food Programme's emergency food assistance and resilience building initiatives, reaching millions of people in Ukraine and in hunger hot spots around the world.
"We thank Cargill for their transformational grant, which will help provide people in communities across the globe with lifesaving food and greater stability for the future," said Barron Segar, World Food Program USA President and CEO. "For more than 20 years, Cargill has been a steadfast partner that we can always count on, supporting school meals, small-scale farmers and disaster relief operations. Their support is a testament to the power of the private sector working together with us to address the root causes of hunger, while building resiliency."
Disbursed in phases, the first half of Cargill's grant will focus on emergency operations, providing food and cash-based assistance to conflict-affected people in Ukraine as well as other countries facing escalating hunger due to the impact of the war in Ukraine. The second half of the grant will focus on bolstering food systems and targeting the root causes of hunger in global hotspots impacted by the disruption of Ukraine's exports.
"Cargill has a crucial role to play, addressing emergency hunger issues as well as long-term food security through our work across supply chains and through our corporate giving efforts. We know we can have more impact when we partner with organizations, like WFP, who are working to feed people around the globe every single day. This $10 million contribution reinforces Cargill's commitment to continuing our 20-year partnership with WFP," said Pilar Cruz, Chief Sustainability Officer at Cargill and World Food Program USA Board of Directors member. "Together, we will continue to work toward ending systemic hunger and ensure a safe, sustainable and affordable food system for all."
The Ukraine crisis has triggered global price spikes in food, fuel and fertilizers that threaten to push countries around the world into famine. The result will be global destabilization, starvation and mass migration on an unprecedented scale. Together with World Food Program USA, the U.N. World Food Programme is sounding the alarm, engaging private sector partners, and working to ensure action is taken to avert this looming catastrophe.
This is just one of numerous examples of Cargill supporting the U.N. World Food Programme's tireless work to alleviate global hunger. Since 2001, Cargill has supported a range of the U.N. World Food Programme's programmatic priorities, including school meals, programs for smallholder farmers and disaster relief operations in Africa, Central America and Asia.
Recent impact snapshot:
- 2021: Cargill China launched a partnership with the U.N. World Food Programme to support the livelihoods of over 5,000 corn farmers in northeastern China by 2023.
- 2020: While the world navigated the impacts of COVID-19, Cargill provided a grant to support school meal programs during the pandemic in Guatemala, Honduras and Nicaragua as well as disaster relief efforts in these countries after the devastating hurricanes, Eta and Iota. Over 250,000 meals were served to over 29,000 people. Additionally, in honor of WFP's 2020 Nobel Peace Prize, Cargill made a match grant that has been supporting school meals and smallholder farmer programs in Central America planned to reach more 28,000 people.
- 2019: Cargill supported the scale-up of the national school feeding program (Pro-GAS) in Indonesia. To date this program has fed over 100,000 students.
- 2011: Cargill donated 10,000 metric tons of rice to help respond to famine in the Horn of Africa.
Cargill's work with the U.N. World Food Programme embodies its purpose of nourishing the world in a safe, responsible and sustainable way.
World Food Program USA, a 501(c)(3) organization based in Washington, DC, proudly supports the mission of the United Nations World Food Programme by mobilizing American policymakers, businesses and individuals to advance the global movement to end hunger. Our leadership and support help to bolster an enduring American legacy of feeding families in need around the world. Learn more about World Food Program USA's mission.
Cargill helps the world's food system work for you. We connect farmers with markets, customers with ingredients and families with daily essentials—from the foods they eat to the floors they walk on. Our 155,000 team members around the world innovate with purpose, empowering our partners and communities as we work to nourish the world in a safe, responsible, sustainable way.
From feed that reduces methane emissions to waste-based renewable fuels, the possibilities are boundless. But our values remain the same. We put people first. We reach higher. We do the right thing. It's how we've met the needs of the people we call neighbors and the planet we call home for 157 years—and how we'll do so for generations to come. For more information, visit Cargill.com and our News Center.
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SOURCE World Food Program USA | https://www.mysuncoast.com/prnewswire/2022/08/11/cargill-grants-10-million-world-food-program-usa-combat-worlds-growing-hunger-crisis/ | 2022-08-11T12:50:18Z |
UVALDE, Texas — Jacklyn Cazares hadn’t yet reached her 10th birthday, but she was already a tough-minded “firecracker” always looking to help people in need, her father said. Jacklyn and her second cousin, Annabelle Rodriguez, were especially tight with three other classmates at Robb Elementary School.
“They are all gone now,” Javier Cazares said. “All her little best friends were killed too.”
The girls were among 19 students killed Tuesday when an 18-year-old gunman barricaded himself in a fourth-grade classroom Tuesday at the school in the southwestern Texas town of Uvalde and began to kill. Their families can only cling to memories, and each other.
Jacklyn would have turned 10 on June 10. Despite her young age, she was equal parts tough-minded and compassionate.
“She had a voice,” her father said. “She didn’t like bullies, she didn’t like kids being picked on. All in all, full of love. She had a big heart.”
“She was a character – a little firecracker.”
Cazares drove his daughter to school Tuesday — she had an awards ceremony that morning. About 90 minutes later, the family got a call: An active shooter was in the school.
“I drove like a bat out of hell,” he said. “My baby was in trouble.”
“There was more than 100 people out there waiting, it was chaotic,” he said of the scene at the school. He grew impatient with how the police were responding and even raised the idea of rushing into the school with several other bystanders.
Cazares said his niece followed an ambulance to the hospital and saw Jacklyn taken inside. The entire family soon joined and pressed hospital officials for information for nearly three hours. They begged, cried and showed them photos of their daughter. Finally, a pastor, police officer and a doctor met with them.
“My wife asked the question, ‘Is she alive or is she passed?’” Cazares said. “They were like, ‘No, she’s gone.’”
Cazares fought back tears as he pondered how long his daughter was in the classroom with the gunman before she was killed. He finds some solace in believing that in her final moments, Jacklyn was doing what came naturally to her — helping her fellow students.
“It kind of comforts our hearts that she would be one of the ones that was brave and tried to help as much as she could,” he said.
Ryan Ramirez also rushed to Robb Elementary when he heard about the shooting, hoping to find his daughter, Alithia, and take her home. But Alithia, too, was among the victims.
Ramirez’s Facebook page includes a photo, now shown around the world, of the little girl wearing the multi-colored T-shirt that announced she was out of “single digits” after turning 10 years old. The same photo was posted again Wednesday with no words, but with Alithia wearing angel wings.
Carmelo Quiroz’s grandson, Jayce Luevanos, 10, had begged to go along with his grandmother on Tuesday as she accompanied her great-granddaughter’s kindergarten class to the San Antonio Zoo. But, he said, the family told Jayce it didn’t make sense to skip school so close to the end of the year. Besides, Jayce liked school.
“That’s why my wife is hurting so much, because he wanted to go to San Antonio,” Quiroz told USA Today. “He was so sad he couldn’t go. Maybe if he would have gone, he’d be here.”
Another victim who also was reluctant to go to school that day was Jayce’s cousin, 10-year-old Jailah Nicole Silguero. Jailah’s mother, Veronica Luevanos, tearfully told Univision that Jailah seemed to sense something bad was going to happen.
Jailah’s friend, Nevaeh Alyssa Bravo, also was killed and her aunt noted Naveah’s first name is Heaven spelled backward. In a Facebook posting, Yvonne White described Nevaeh and Jailah as “Our Angels.”
Two men who responded to the shooting discovered their own children among the victims.
Uvalde County Sheriff’s Deputy Felix Rubio and his wife had been at the school Tuesday morning to celebrate with their daughter, 10-year-old Alexandria “Lexi” Aniyah, since the fourth-grader had made honor roll with all A’s and received a good citizen award.
In a Facebook post, Kimberly Rubio wrote, “We told her we loved her and would pick her up after school. We had no idea this was goodbye.”
Medical assistant Angel Garza also hurried to the school and immediately found a girl covered in blood among the terrified children streaming out of the building.
“I’m not hurt. He shot my best friend,” the girl told Garza when he offered help. “She’s not breathing. She was just trying to call the cops.”
Her friend was Amerie Jo Garza — Angel Garza’s stepdaughter.
Amerie was a happy child who made the honor roll and loved to paint, draw and work in clay. “She was very creative,” said her grandmother Dora Mendoza. “She was my baby. Whenever she saw flowers she would draw them.”
Hillcrest Memorial Funeral Home, which is across the street from Robb Elementary, began posting brief obituaries of some of the victims. It was assisting families of the shooting victims with no cost for funerals. GoFundMe pages were set up for many of the victims, including one on behalf of all victims that has raised more than $3 million. | https://www.tdtnews.com/news/article_74914be8-dd36-11ec-8949-b732f0af3a78.html | 2022-05-26T23:04:50Z |
Nationwide baby formula shortage getting worse
(CNN) - The nationwide shortage of baby formula continues to get worse.
In early April, the out-of-stock rate jumped to 31%, according to Datasembly.
In six states - Iowa, North Dakota, South Dakota, Missouri, Texas and Tennessee - more than half of baby formula supplies were completely sold out.
CVS confirmed Saturday that it is limiting customers to three toddler and infant formulas per transactions.
Target said it has limited baby formula purchases to four units per customer for online sales.
Social media posts from customers indicated Walmart was pursuing a similar policy, but there is no confirmation from the retail giant.
Supply chain issues, along with the Food and Drug Administration’s shutdown of an Abbott Nutrition manufacturing plant in Michigan, are compounding the problem.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/05/09/nationwide-baby-formula-shortage-getting-worse/ | 2022-05-09T11:39:45Z |
Arrest warrant issued for man suspected of whipped cream attacks
GREENVILLE, S.C. (WHNS/Gray News) – Police in South Carolina have identified the suspect of a pie-in-the-face prank as a YouTuber.
The Greenville Police Department said Andre Eugene Moore-Gerald has been charged with third-degree assault and battery.
Police said a woman was pushing her child in a stroller when she was hit in the face with a plate of whipped cream Wednesday. This was just one of multiple incidents in the area.
According to the arrest warrant, they were able to identify him through CCTV footage and his YouTube videos.
In a statement, he apologized for “any inconvenience and confusion” but said he should not face charges because the pies were “just whipped cream.”
He called his actions positive and said that he did not mean any harm.
As of Monday morning, Moore-Gerald has not been taken into custody.
Copyright 2022 WHNS via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/04/18/arrest-warrant-issued-man-suspected-whipped-cream-attacks/ | 2022-04-20T06:34:51Z |
Man ordered to rip out his new xeriscape landscaping by his HOA
By Matt Gephardt and Cindy St. Clair
Click here for updates on this story
LEHI, Utah (KSL) — As he was building a new home in Lehi, Jared Hadley was eager to heed the calls to put in landscaping that uses little or no water.
“We saw it as an opportunity to be like, hey, we could really make a difference in the environment,” he said.
Hadley installed landscaping consisting of a few water-wise plants surrounded by river rocks and decorative gravel. “It looks beautiful,” he said.
It’s the sort of landscaping that has the hearty support of everyone from water scientists and Utah politicos.
But you know who doesn’t like it? Hadley’s homeowner’s association.
An email from his HOA, Holbrook Farms, states that he’s likely going to have to tear out the gravel parts to put in something of which they approve like “mulch, river rock, or sod.”
Hadley says he protested, pointing out that gravel is the better option.
As he was building a new home in Lehi, Jared Hadley was eager to heed the calls to put in landscaping that uses little or no water.
“We saw it as an opportunity to be like, hey, we could really make a difference in the environment,” he said.
Hadley installed landscaping consisting of a few water-wise plants surrounded by river rocks and decorative gravel. “It looks beautiful,” he said.
It’s the sort of landscaping that has the hearty support of everyone from water scientists and Utah politicos.
But you know who doesn’t like it? Hadley’s homeowner’s association.
An email from his HOA, Holbrook Farms, states that he’s likely going to have to tear out the gravel parts to put in something of which they approve like “mulch, river rock, or sod.”
Hadley says he protested, pointing out that gravel is the better option.
“There’s not chemicals like mulch. It’s not sod, where we’re having to water it,” he said.
By email, an HOA representative told Hadley should have submitted an application and site plan before doing the work. He was instructed to submit the documents for the already completed work but admonished that if the HOA doesn’t sign off, and the representative is “confident” they won’t, Hadley will have to fix it to their liking or face fines.
And indeed, Thursday, Hadley got word that his landscaping is not approved and he is being ordered to replace it. “It just, it’s mind-boggling,” he said.
An HOA ruling with an iron fist on what an exterior can look like is not unique. In fact, the KSL Investigators have heard from more than a dozen people who live in various HOA’s in Utah saying they want to install xeriscaping or artificial grass to conserve water but are being rebuffed by their associations.
The question is: Can they do that?
Here in Utah there is a new law, HB282, which says municipalities and HOA’s cannot have rules that prohibit water-wise landscaping.
Sen. Mike McKell, who co-sponsored the new legislation, says the bill was inspired by Utah’s dire water situation as well as predictable water issues for decades to come.
“We’re in a drought,” McKell told the KSL Investigators. “We’re also in a state that is growing at a rate that’s just not sustainable without making improvements across the state.”
McKell says he thinks the bill struck an important balance of requiring government agencies and associations to allow people who want to conserve the legal protection to do so without banning cities and associations from making sure their communities keep their aesthetics.
He says the point of the law is to “make sure that if somebody’s got a good plan that includes xeriscaping, let’s make sure that they can do that.”
Back to Hadley, can Holbrook Farms force him to remove the water-wise-gravel or other xeriscaping he already installed? The association certainly thinks so.
Holbrook Farms refused to talk about any of this on camera and refused to discuss Hadley’s situation at all.
When asked if they believe their landscaping policies are in line with current Utah law, Holbrook Farms’ community manager Amanda Howell responded by email saying, “yes.”
“Holbrook Farms has actively implemented water-wise landscaping techniques into our community’s covenants, conditions and regulations for the last five years,” Howell said in an email. “All homeowners must comply with our existing site plan review process before making any exterior modifications to their home.”
HB282 spells out that HOAs may force homeowners to comply with site plan submission and review processes.
According to the HOA’s rules, most landscaping material that uses zero water is forbidden from being “substantially” used, including concrete, masonry products, pavers, brick, stone, cobblestone, tile, terrazzo, slabs, slate, rock, pebbles, gravel, wood, woodchips, bark, decking and artificial turf.
Holbrook Farms sent the KSL Investigators a copy of a brochure they gave to Hadley. It depicts water-wise landscape ideas that are approved. Most of the images in the brochure feature grass and other plants, all of which, Hadley points out, require more water than the decorative gravel he’s likely going to be forced to remove.
Asked if he’d do anything differently if he had to do it over again, he said, “I would not purchase a home through an HOA.”
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/2022/05/27/man-ordered-to-rip-out-his-new-xeriscape-landscaping-by-his-hoa/ | 2022-05-27T20:17:13Z |
This time, the iconic fan-favorite is back with its first-ever saucy anthem, from TikToker Jon Moss
PLANO, Texas, Sept. 6, 2022 /PRNewswire/ -- Starting today, Detroit-Style Pizza returns to Pizza Hut menus at participating locations nationwide following the success of the initial launch in early 2021 and its reintroduction last summer. Pizza Hut listened to pizza lovers and brought the deep-dish delight back to menus for a third run as a limited-time offer; but this time is different. The beloved pizza arrives with a Detroit-Style-inspired anthem to celebrate its return to menus.
To provide fans with a fitting soundtrack for the return of an icon, Pizza Hut partnered with TikToker Jon Moss (@jonmosslol) to create a song celebrating Detroit-Style Pizza. You can listen to the new anthem, Pizza Hut Anthem, on all major streaming services.
While Detroit-Style Pizza is a newer introduction than timeless innovations like Original Stuffed Crust® and The Edge®, it's now the first Pizza Hut offering to have its own anthem. For Jon, creating a tune proclaiming his love for Pizza Hut came naturally as he has been a loyal brand fan since he was younger with Detroit-Style Pizza being one of his favorite new menu items, and Detroit being a historically innovative music city.
"Pizza Hut has always been my go-to pizza, so with the success of my "Pizza Hut" character from TikTok, and the new Detroit-Style pizza, I knew I had to write the Pizza Hut Anthem to celebrate it coming back," said Jon Moss. "As my mascot grew in popularity, I wanted to create something that would bring Pizza Hut and fans together in a fun, upbeat way. Because after all, No One OutPizzas The Hut."
Detroit-Style might sound different this time around, but the craveability, authenticity and affordability remain the same. Each pizza is a rectangular deep-dish with a thick, crispy crust edge, layered with toppings and cheese all the way to the edge finished with premium vine-ripened tomato sauce on top. The signature pizza is available in four recipes:
- Double Pepperoni (Classic Pepperoni, Crispy Cupped Pepperoni) - $12.99
- Meaty Deluxe (Crispy Cupped Pep., Italian Sausage, Bacon) - $12.99
- Supremo (Italian Sausage, Green Pepper, Red Onion) - $12.99
- CYO (1st Topping Included, Additional toppings $1) - $11.99
"There's been no shortage of people asking for Detroit-Style Pizza to be back on menus and Pizza Hut was very happy to oblige those fans" said Lindsay Morgan, Chief Marketing Officer, Pizza Hut. "The last return cemented Detroit-Style's status as repeat fall fan-favorite on our menu but we are happy to make this available at a value, nationwide."
Detroit-Style Pizza recipes are available now for a limited time at participating Pizza Hut locations nationwide for contactless delivery, carryout, curbside and Hut Lane pickup. Click here to find your nearest Pizza Hut location. Product availability, prices, participation, availability of contactless, curbside, The Hut Lane™ and delivery areas, charges and minimums vary. Delivery charge is not a driver tip.
Pizza Hut, a subsidiary of Yum! Brands, Inc. (NYSE: YUM), has more restaurant locations in the world than any other pizza company. Founded in 1958 in Wichita, Kan., Pizza Hut operates nearly 18,000 restaurants in more than 100 countries. With easy order options including the Pizza Hut mobile app, website, and Amazon and Google devices, Pizza Hut is committed to providing an easy pizza experience – from order to delivery – and has Hut Rewards®, the Pizza Hut loyalty program that offers points for every dollar spent on food any way you order.
Now more than ever, restaurants have an important role in helping to safely feed families. As the largest pizza brand in the world by store count, Pizza Hut is committed to doing its part. To help keep team members and customers safe, customers can get their favorite Pizza Hut pizza via three contactless offerings: curbside pickup, delivery, or carryout. After becoming the first national pizza brand to offer contactless curbside pickup, Pizza Hut launched The Hut Lane™, a dedicated digital order pick-up window available at more than 1,500 locations across the country.
Pizza Hut is the creator of The BOOK IT! Program, which is the nation's longest running corporate supported literacy program. Building on that legacy, the program's BOOK IT! in the Community Initiative is designed to enable access to books and education resources, empower teachers and inspire a lifelong love of reading. The program is rooted in the foundation set by the Pizza Hut BOOK IT! Program which impacts more than 14 million students each year.
Pizza Hut is the Official and Only Pizza Sponsor of the NCAA®.
For more information about Pizza Hut, visit www.pizzahut.com or http://www.pizzahut.com/c/content/sitemap
Brett LeVecchio, Pizza Hut
972.338.6730 / Brett.LeVecchio@yum.com
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SOURCE Pizza Hut | https://www.mysuncoast.com/prnewswire/2022/09/06/ayo-headed-hut-right-now-detroit-style-returns-pizza-hut-nationwide/ | 2022-09-06T17:35:48Z |
10 iconic American road trip movies
National Lampoon
10 iconic American road trip movies
Chevy Chase stands on top of a smoking wrecked station wagon while his family stands next to the car amongst the scattered luggage.
Pando Company Inc.
Easy Rider (1969)
Dennis Hopper and Peter Fonda riding motorcycles on the highway in the desert.
Vortex
The Texas Chain Saw Massacre (1974)
Young people riding in a van on a roadtrip.
National Lampoon
National Lampoon’s Vacation (1983)
The Griswold family waving in front of their packed up station wagon
Road Movies Filmproduktion
Paris, Texas (1984)
A man and a little boy eat fast food in the back of a pickup truck under an overpass.
United Artists
Rain Man (1988)
Tom Cruise driving a car with Valeria Golino in the passenger seat.
Pathé Entertainment
Thelma & Louise (1991)
Geena Davis, Susan Sarandon and Brad Pitt in a convertible
Warner Bros.
Natural Born Killers (1994)
Woody Harrelson and Juliette Lewis lit up in all red smiling in a convertible.
Asymmetrical Productions
The Straight Story (1999)
An old man in a cowboy hat riding a John Deere lawnmower on the highway.
Fox Searchlight Pictures
Sideways (2004)
Two men in a Saab convertible drive through wine country.
Fox Searchlight Pictures
Little Miss Sunshine (2006)
A family bursting out of a yellow VW van with the door on the ground. | https://localnews8.com/stacker-entertainment/2022/05/26/10-iconic-american-road-trip-movies/ | 2022-05-27T08:00:13Z |
CALGARY, AB, May 16, 2022 /PRNewswire/ - Boardwalk Real Estate Investment Trust - TSX: BEI.UN
The Alberta Residential Landlord Association (ARLA) Achievement Awards are presented in recognition of top-performing rental housing and service providers who are committed to providing high quality service. Amongst several nominees, Boardwalk is proud to announce that it has been honoured with the prestigious ARLA Achievement Award for 2022 Rental Development/Renovation Project of the Year.
West Edmonton Village, Boardwalk's largest community in Edmonton, has won the "2022 Rental Development/Renovation Project of the Year." Situated in Callingwood, West Edmonton Village was recently renovated to redefine incredible value living for our Resident Members. With over 1,170 units, the refreshed community offers exquisite amenities including:
- Safe, bright, and spacious high-rise lobbies with luxurious seating and breathtaking artwork;
- A spatially optimized Experience Centre to efficiently address the needs of the entire community in addition to attracting new Resident Members;
- A comfortable communal seating area with a cozy fireplace and access to public wi-fi;
- A semi-Olympic swimming pool with a furnished lounge area;
- An expansive, professionally equipped, leading-edge fitness centre;
- A spacious and contemporary yoga studio with LED mood-lighting; and
- A sizeable community room with an impressive fireplace, large family-style dining area, and a fully equipped kitchen with stainless appliances, quartz countertops, and a grand eating island.
Reflecting the highest levels of contemporary and innovative design, Boardwalk's Team collaborated to execute a vision offering West Edmonton Village Resident Members access to unparalleled amenities and housing product choice at a highly affordable price point, in the heart of West Edmonton.
Sam Kolias, Chairman and Chief Executive Officer of Boardwalk REIT commented:
"Thank you to the Alberta Residential Landlord Association for their continued efforts and leadership in supporting multi-family community providers through educational resources, and advocacy to ensure affordable housing options across Alberta. We are so proud of our entire Boardwalk team. This humbling recognition highlights the quality and value that our Boardwalk communities provide to our Resident Members who have rewarded us with strong retention, occupancy and operating performance. Thank you to our Design Team and Special Projects Team that transformed our West Edmonton Village community."
Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities. Providing homes in more than 200 communities, with over 33,000 residential units totaling over 28 million net rentable square feet, Boardwalk has a proven long-term track record of building better communities, where love always livestm. Our three-tiered and distinct brands: Boardwalk Living, Boardwalk Communities, and Boardwalk Lifestyle, cater to a large diverse demographic and has evolved to capture the life cycle of all Resident Members. Boardwalk's disciplined approach to capital allocation, acquisition, development, purposeful re-positioning, and management of apartment communities allows the Trust to provide its brand of community across Canada creating exceptional Resident Member experiences. Differentiated by its peak performance culture, Boardwalk is committed to delivering exceptional service, product quality and experience to our Resident Members who reward us with high retention and market leading operating results, which in turn, lead to higher free cash flow and investment returns, stable monthly distributions, and value creation for all our stakeholders.
Boardwalk REIT's Trust units are listed on the Toronto Stock Exchange, trading under the symbol BEI.UN. Additional information about Boardwalk REIT can be found on the Trust's website at www.bwalk.com/investors.
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SOURCE Boardwalk Real Estate Investment Trust | https://www.kxii.com/prnewswire/2022/05/16/boardwalk-wins-rental-developmentrenovation-project-year-2022-alberta-residential-landlord-association-achievement-awards-edmonton/ | 2022-05-16T21:42:04Z |
Which dethatching rakes are best?
Dethatching is an essential part of lawn maintenance. About half an inch of thatch is good for the grass because it can stabilize the soil temperature and prevent it from drying out too quickly. But if you let thatch build up, it can prevent essential nutrients, water and oxygen from reaching the grass roots. A good way to maintain a healthy lawn is to get a reliable dethatching rake.
What is thatch?
Thatch is organic matter such as grass leaves, stems and roots that start to build upon the soil. It’s normal to have a thin layer of thatch, but too much can lead to:
- Plant disease
- Dead or thinning patches of grass
- Pests
- Poor drainage or puddles
Thatch naturally occurs over time, but it can build up more quickly due to:
- Too much/frequent watering
- Excessive use of pesticides or fertilizers
- Collected grass cuttings from mowing the lawn
When to dethatch a lawn
The best time to dethatch a lawn is when the grass is growing. This means early fall or late summer for northern grasses and early or late spring for southern grasses. You should also do this before aerating the yard with a lawn aerator.
Types of dethatchers
Dethatchers are tools that dig into the topmost layer of soil to loosen organic matter. Some use flexible tines, while others have stiff claws that let them do this. On its own, a dethatcher cannot get rid of thatch. It can, however, make it easier to collect it manually once it’s been broken up.
There are two types of dethatching rakes:
- Manual: These look and function similar to traditional rakes. They have tines or claws that can dig into the thatch, loosen it and pull it up.
- Powered: Sometimes called power rakes, these use a motor and typically have a cord. They can handle tough buildup.
There are also tow-behind and front-mount dethatchers. They go either behind or in front of a tractor or lawnmower and can loosen up thatch as you go. Although they’re not rakes, they’re good for larger yards and areas with a lot of thatch buildup.
Dethatching rake features
Handle
Dethatching rakes usually have a long handle that lets the user stand in an upright position while using it. The handle material usually consists of:
- Plastic: Plastic handles are inexpensive, but can bend or break with rigorous use.
- Wood: These usually last longer than plastic handles. However, untreated wood is more susceptible to splintering or rotting.
- Metal: Metal handles are long-lasting and durable. They can rust if they’re exposed to moisture for too long.
- Fiberglass: These are durable and resistant to the elements, but they are also more expensive than other options.
Some handles have extra padding for a nonslip or more ergonomic grip. This can make using them easier and less likely to cause strain from repeated movements.
Tines
Every dethatching tool has tines. Unlike traditional rakes, dethatching rakes have sharp, thin tines designed to dig into the top layer of soil and remove organic matter. These tines can consist of different materials, including plastic or metal. Generally, steel tines are best since they’re durable and don’t bend, rust or break easily.
Some rakes have thicker tines with a curved or bent shape that lets them collect more thatch from the earth. Others have many thin tines that are placed closely together to break up more thatch with every pull of the rake.
The more tines there are, and the longer they are, the more thatch they can break up. Most rakes have tines that are about 5 inches in length. Consider the size of your yard and how much thatch buildup you have when choosing one.
Head
Dethatching rakes have different head sizes. Some powered rakes are around 14 inches wide, while others are even wider than that. The larger the head, the greater the surface the rake can cover. A larger head can reduce the amount of time it takes to dethatch the yard. However, it can also add more weight to the tool, making it more physically intensive to use it.
Consider how durable the head is, too. If the head isn’t strong enough, the tines could fall or break off during use. In some cases, you can get a replacement head and tines for your rake, which can extend its longevity.
Best dethatching rakes
Ames 28252100 16-Tine Steel Double Play Bow Rake With Fiberglass Handle
This dethatching rake comes with either a fiberglass or a hardwood handle. Both options come with 16 steel tines and a 10-inch cushioned grip. The fiberglass handle is reinforced with steel, while the wood handle consists of sturdy North American hardwood. Sold by Amazon
Made for removing thatch and leaves from the yard, this sturdy rake comes with either a 5- or 6-foot handle and a 14-tine head. The handle consists of stainless steel that’s resistant to rust or corrosion. It’s also adjustable and easy to assemble. Sold by Amazon
Ames 54-inch Hardwood Handle 19-Tine Adjustable Thatch Rake
With a specialized head made for dethatching purposes, this durable rake has a 14.25-inch head and 19 tines. Each tine is straight-edged and designed to remove organic debris with ease, and the hardwood handle is sturdy and comfortable to use. Sold by Home Depot
Bully Tools 24-Tine Leaf And Thatching Rake
Constructed with a lightweight fiberglass handle, this multipurpose rake has 24 spring steel tines that can loosen up debris and the top layer of soil. It’s lightweight enough for those with less wrist and arm strength. Plus, it’s great for dealing with small yards. Sold by Amazon
Razor-Back 51-inch Fiberglass Handle 24-Tine Steel Rake
This dethatching rake has 24 tines that are solidly connected to a steel rake head. Durable and resistant to breaking or bending, the handle has a 9-inch cushioned grip that makes using it more comfortable. It also has a 51-inch fiberglass handle that’s perfect for shorter to medium-height people. Sold by Home Depot
Sun Joe 13-inch 12-Amp Electric Scarifier Plus Lawn Dethatcher With Collection Bag
This electric-powered dethatcher has an adjustable depth control knob that’s useful for getting into deeper layers of thatch. It has a powerful 12-amp motor and is 13 inches wide, making it ideal for larger yards. It also comes with a small bag for collecting thatch. Sold by Home Depot
Greenworks 14-Inch 10-Amp Corded Dethatcher
This powered rake comes with a 10-amp motor and has a head width of 14 inches. It has three adjustable depth positions and sharp, durable stainless steel tines and an ergonomic padded grip. Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/tools-br/the-7-best-dethatching-rakes/ | 2022-06-11T20:45:19Z |
UVALDE, Texas (AP) — Teachers and students at Robb Elementary School knew the safety protocols when an 18-year-old with an AR-15 style rifle entered the building in May. Dozens of times in the previous four months alone, the campus had gone into lockdown or issued security alerts.
Not because of active shooter scares — because of nearby, often high-speed pursuits of migrants coming from the U.S.-Mexico border.
An entire generation of students in America has grown up simulating lockdowns for active shooters, or worse, experiencing the real thing. But in South Texas, another unique kind of classroom lockdown occurs along the state’s 1,200-mile southern border: hunkering down because Border Patrol agents or state police are chasing migrants who are trying to evade apprehension.
The frequency of lockdowns and security alerts in Uvalde — nearly 50 between February and May alone, according to school officials — are now viewed by investigators as one of the tragic contributors to how a gunman was able to walk into a fourth-grade classroom unobstructed and slaughter 19 children and two teachers. Although a slow and bungled police response remains the main failure, a damning new report by the Texas House says recurring lockdowns in Uvalde created a “diminished sense of vigilance.”
With a new school year now just weeks away in heavily patrolled South Texas, there are worries the lockdowns will resume and deepen the trauma for scarred students in Uvalde, as migrant crossings remain high and Texas Gov. Greg Abbott continues expanding a massive border security operation.
“That’s what it probably was, just complacency, because it does happen on a frequent basis,” said Uvalde County Justice of the Peace Eulalio “Lalo” Diaz Jr., who had to identify the bodies of the dead at Robb Elementary.
The new findings that a culture of lockdowns in Uvalde played some role in the failures on May 24 reflects how one of the worst school shootings in U.S. history intersected with immigration policies and thousands of Border Patrol agents, National Guard members and state police assigned to apprehend migrants and stop drug traffickers. Of the nearly 400 law enforcement officers at the scene of Robb Elementary, more than half were Border Patrol agents or state police, according to the report.
On Tuesday, over the span of just 20 minutes, eight state police vehicles and Border Patrol SUVs cruised through Uvalde’s central square, less than a mile from Robb Elementary.
Uvalde is about an hour’s drive from the border with Mexico, located at the crossroads of two major state highways. Nearby are the cities of Pearsall, Dilley and Karnes – all of which have immigration detention centers with some of the nation’s highest populations. More than 4,500 detainees in total were at the three facilities as of June 2022, according to the Transactional Records Access Clearinghouse at Syracuse University.
Jazmin Cazares, whose 9-year-old sister Jacklyn was among the students killed, told Texas lawmakers in June that no one in the school district took lockdowns seriously “until that day.” She said she is now terrified to return for her senior year in the fall.
“Am I going to survive it? Unbelievable,” Cazares said.
Even the first officers on scene at Robb Elementary wondered whether the threat was a so-called “bailout” — the term used by law enforcement along the border to describe suspected migrants or drug traffickers who have fled. Pete Arrendondo, the embattled Uvalde school police chief who has become the target of angry demands by parents to resign or be fired, told the House committee the thought crossed his mind since it happens so often.
The gunman entered Robb Elementary at 11:33 a.m. One minute earlier, according to the report, a fourth-grade teacher in Room 105 received a lockdown alert and made sure her classroom door was locked. That teacher also told the committee she saw a teacher across the hall locking the door in Room 112, one of two adjoining rooms where the shooting occurred.
The shooter is believed to have entered the classroom through Room 111, which was known to have trouble locking properly.
The signal the school’s alert system sends out does not specify the potential threat. And because of the prevalence of lockdowns in recent months, according to the report, many teachers and administrators “assumed it was another bailout.”
“Bailouts” has become an increasingly common part of Uvalde’s vernacular in the last year as the area has become extraordinarily busy with migrants crossing illegally, largely from countries outside Mexico and northern Central America.
The Border Patrol sector based in Del Rio, Texas – one of nine along the Mexican border – was the most transited corridor for illegal crossings in June, replacing Texas’ Rio Grande Valley. For much of the year, the two South Texas sectors have posted similar numbers of border encounters, well ahead of the others in California, Arizona, New Mexico and West Texas.
While many migrants turn themselves in to the Border Patrol in the border towns of Del Rio and Eagle Pass – each about an hour’s drive from Uvalde – many seek to elude capture for hours or days, hiding in “stash houses” or in tall fields of corn and other crops for smugglers to pick them up at a previously agreed location for the drive to San Antonio.
The committee report said there had been no incidents of “bailout-related” violence on Uvalde school campuses before the shooting. High-speed driving sometimes crossed school parking lots, according to the report, which also said some pursuits involved firearms in surrounding neighborhoods.
Diaz, the Uvalde justice of the peace, serves as a magistrate when police make arrests in the area as part of the governor’s massive border mobilization known as Operation Lone Star. He sets bail for people taken into custody for alleged human or drug smuggling, but also for crimes unrelated to national security, like minor drug charges.
He said Abbott’s operation hasn’t made Uvalde safer.
“These people who are coming through don’t want to be in Uvalde,” said Diaz. “They are looking to get away from the border and we’re too close.”
Over the last decade, many police departments have shifted away from having officers engage in car chases because they are a danger to the public. A 2017 report from the Justice Department found that between 1996 and 2015 police pursuits killed an average of 355 people annually, with nearly a third of those killed in vehicles not involved in the chases.
Uvalde Mayor Don McLaughlin, who said he has not spoken to Abbott for nearly a month, has called on the governor to do even more on the border to curb migrant crossings. With classes set to re-start in less than two months, he worries about “the bailouts by the schools and so forth” and said “it needs to stop.”
Angie Villescaz, who grew up in Uvalde and after the shooting founded the Latina mothers advocacy group Fierce Madres with local moms, said the border rhetoric is a distraction from the most pressing issue.
“They’ve always wanted to keep the narrative about securing the border,” Villescaz said, “and now they can’t because it’s about securing our schools.”
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Coronado reported from Austin, Texas. Associated Press writer Paul J. Weber in Austin, Texas, contributed to this report.
___
More on the school shooting in Uvalde, Texas: https://apnews.com/hub/uvalde-school-shooting | https://cw33.com/news/ap-top-headlines/frequent-lockdowns-may-have-contributed-to-uvalde-tragedy/ | 2022-07-20T16:25:50Z |
Investments will be focused on productivity, safety, and/or sustainability to support operations and minimize the industry's environmental impact
LONDON, June 16, 2022 /PRNewswire/ -- The steel industry generates contrasting views. For some it is a vital component for the construction and transportation industries, while for others is somewhat of a pariah as steelmaking requires large quantities of coke and coal for the blast furnaces. According to a new analysis by global technology intelligence firm ABI Research, steel manufacturer's investment into digital transformation will grow at a CAGR of 10.9% between 2022 and 2031, reaching US$5.9 billion. Investment into data analytics to optimize the steel production process will to worth up to US$2.9 billion in 2031. Bolstering the data flows will be investment into industrial device and applications, fortified by security expenditures, both seeing fair growth by CAGR 5.9% and 8.4% respectively.
"For the industry and technology suppliers, safety, sustainability, and productivity are the three north stars. Technology suppliers should aim to align their solutions to assist steelmakers with at least two of these priorities. For example, providers of manufacturing execution systems helping customers' productivity as well as improve the sustainability of their operations. Artificial Intelligence (AI) to monitor quality levels to reduce scrap and optimizing equipment performance. And, digital twins should encompass the three perspectives," explains Michael Larner, Industrial and Manufacturing Research Director at ABI Research.
Technology suppliers providing software to the industry include those that specialize in helping producers optimize their processes (Falkonry, RealSteel, Smart Steel Technologies, and Samotics), keep track of information (KnowIT ERP and SteelTrace), and keep workers safe (Everguard.ai).
"Individual steel plants produce dozens different steel products (e.g., plates, coils bars, etc.) to exacting quality grades. This requires firms to effectively manage product changeovers so that output remains within quality thresholds. Analyzing quality levels in real time will be an investment priority over the rest of the decade," Larner concludes.
These findings are from ABI Research's Industry 4.0 in the Steel Industry application analysis report. This report is part of the company's Industrial and Manufacturing research service, which includes research, data, and ABI Insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.
About ABI Research
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research是一家国际科技情报公司，为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Contact Info:
Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com
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SOURCE ABI Research | https://www.wibw.com/prnewswire/2022/06/16/steel-industry-will-be-investing-us6-billion-per-annum-digital-transformation-by-2030/ | 2022-06-16T09:39:41Z |
WASHINGTON (AP) — Reassuring frustrated blue-collar voters, President Joe Biden on Wednesday is visiting Ohio to highlight federal action to shore up troubled pension funding for millions now on the job or retired.
Biden’s speech at a Cleveland high school is showcasing a final rule tied to his $1.9 trillion coronavirus relief package from last year. The rule allows troubled multi-company pensions to be made financially whole, ensuring full benefits for 2 million to 3 million workers and retirees.
Hurt politically by inflation at a 40-year high and damage wrought by the pandemic, the president chose to deliver his message in a state that has been trending strongly Republican, with Donald Trump easily carrying it twice. This is Biden’s sixth visit as president as he labors to personally reverse that electoral tide.
Details about Biden’s remarks were shared by two administration officials who insisted on anonymity to preview his speech.
The roughly 200 pension plans receiving assistance faced possible insolvency without government aid. And without the full benefits, workers and retirees could struggle to pay for housing, food and other essentials. The financial support should help keep the pension funds solvent for roughly 30 years until 2051.
That’s important, several retirees said.
Bill DeVito, 73, was an iron worker for almost 50 years before retiring a decade ago. When his pension was cut 40% in 2017, he said, “it was devastating.”
“The thing of it is, we had a lot of politicians over the years saying, hey, we’ll try to help you, we’ll do everything we can, and nobody’s ever done anything for us until Joe Biden come along,” he said. He said that other Ohio Democrats in Washington kept pushing, too.
Jeffrey Carlson, 67, of the Cleveland suburb of North Ridgeville, said that a year before he retired in 2017, he learned his pension would be cut, too.
“I’m grateful for anything that we could get back,” he said. “I know I earned it. I worked hard.”
Multiemployer plans are created through agreements between companies and a union, and are insured by the federal Pension Benefit Guaranty Corporation (PBGC). In 2014, Congress passed the Multiemployer Pension Reform Act that allowed plans, for the first time, to cut workers and retirees’ benefits in order to ensure that pensions projected to run out of money remained solvent.
The American Rescue Plan passed in March 2021 included a special finance assistance program that allows struggling multiemployer pension plans to apply to the PBGC for assistance. The final rule being unveiled by the Biden administration is designed to make it easier for the pensions’ investments to receive a higher rate of return.
The effort to highlight a program to help union workers comes as Democrats hope to pick up a U.S. Senate seat in Ohio, where a strong showing with working class voters could play a pivotal role.
Republican Rob Portman is leaving the Senate after two terms. Vying to replace him are Democratic Rep. Tim Ryan and Republican J.D. Vance, the author of the memoir “Hillbilly Elegy” who secured an endorsement during the primary from Trump. Ohio voters backed Trump in 2016 and 2020, with his margin of victory each time at roughly 8 percentage points.
While Biden boasts of steady job growth — unemployment sits at 3.6% — Americans have largely been discontented with the Democratic president’s handling of the economy as inflation continues to rise, interest rates increase and the stock market wobbles. Just 28 percent approve of Biden’s stewardship of the economy, down from 51% a year ago, according to an AP-NORC Center for Public Affairs Research poll published last week.
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AP writer Julie Carr Smyth contributed from Columbus, Ohio. | https://cw33.com/business/ap-business/biden-heading-to-ohio-to-spotlight-rule-to-rescue-pensions/ | 2022-07-06T17:28:24Z |
- Earnings Per Share - Diluted of $2.29; Earnings Per Share - Diluted, as Adjusted, of $6.86
- Total Sales of $7.9B; Net Flows of ($4.8B); Assets Under Management of $155.4B
HARTFORD, Conn., July 29, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported financial results for the three months ended June 30, 2022.
Earnings Summary
The company presents U.S. GAAP and non-GAAP earnings information in this release. Management believes that the non-GAAP financial measures presented reflect the company's operating results from providing investment management and related services to individuals and institutions and uses these measures to evaluate financial performance. Non-GAAP financial measures have material limitations and should not be viewed in isolation or as a substitute for U.S. GAAP measures. Reconciliations of the non-GAAP financial measures to the most comparable U.S. GAAP measures can be found beginning on page 10 of this earnings release.
Total assets under management of $155.4 billion at June 30, 2022 compared with $183.3 billion at March 31, 2022. The decline reflected market performance and net outflows in open-end funds and retail separate accounts, partially offset by positive net flows in institutional. In addition, other fee earning assets of $3.0 billion compared with $3.5 billion at March 31, 2022.
Total sales of $7.9 billion compared with $9.4 billion in the prior quarter as lower retail demand, impacted by market sentiment, was partially offset by strong growth in institutional sales to their highest quarterly level. Open-end fund sales of $3.1 billion compared with $5.0 billion, with lower sales across most strategies. Retail separate account sales of $1.3 billion compared with $2.0 billion. Institutional sales of $3.5 billion increased 41% from $2.4 billion and included meaningful new mandates and additional flows in existing mandates at multiple affiliates and across investment strategies.
Net flows were ($4.8) billion as positive net flows in institutional were more than offset by open-end fund and retail separate account net outflows. Institutional net flows of $0.4 billion included global real estate, global equity, and domestic equity mandates. Open-end fund net flows of ($4.5) billion compared with ($3.4) billion in the prior quarter, with higher net outflows particularly in bank loan strategies. Retail separate account net outflows of ($0.7) billion compared with positive net flows of $0.6 billion in the prior quarter and were due to net outflows in domestic small cap strategies in the intermediary sold channel.
Operating income of $56.7 million declined from $65.6 million in the prior quarter due to an 11% decrease in total revenues partially offset by a 10% decrease in total operating expenses. Revenues declined primarily due to lower average assets under management as a result of market performance and net outflows. The decrease in operating expenses included lower employment expenses, which declined due to prior-quarter seasonal items and lower variable incentive compensation, as well as lower distribution and other asset-based expenses.
Net income attributable to Virtus Investment Partners, Inc. of $2.29 per diluted common share included ($4.11) of realized and unrealized losses on investments and ($0.28) of fair value adjustments to contingent consideration, partially offset by $0.51 of fair value adjustments to affiliate noncontrolling interests. Net income per diluted share in the prior quarter of $4.22 included ($1.97) of realized and unrealized losses on investments, ($0.61) of acquisition and integration costs, and ($0.57) of fair value adjustments to affiliate noncontrolling interests. The fair value adjustments to affiliate noncontrolling interests and contingent consideration reflected changes in the value of the affiliate and transaction earn-out payments, respectively.
The effective tax rate during the quarter of 54% compared with 30% in the prior quarter, primarily reflecting changes in the valuation allowances related to marketable securities.
Revenues, as adjusted, of $199.0 million declined from $221.9 million in the prior quarter as market performance and net outflows resulted in lower average assets under management.
Employment expenses, as adjusted, of $89.1 million decreased from $101.6 million due to prior-quarter seasonal items and lower variable incentive compensation. Other operating expenses, as adjusted, of $31.0 million increased sequentially from $29.3 million due to higher travel and related expenses and the annual equity grants to the Board of Directors of $0.8 million.
Operating income, as adjusted, of $78.0 million and the related margin of 39.2% compared with $90.1 million and 40.6%, respectively, primarily due to lower investment management fees, partially offset by the impact of seasonal employment items in the prior quarter.
Net income attributable to Virtus Investment Partners, Inc., as adjusted, per diluted common share was $6.86, a decrease of $1.01, or 13%, from $7.87 in the prior quarter. The decline primarily reflected lower investment management fees due to the lower average assets under management.
The effective tax rate, as adjusted, of 27% was unchanged from the prior quarter.
Working capital of $185.4 million at June 30, 2022 decreased from $196.1 million at March 31, 2022 primarily due to return of capital to shareholders and debt repayment, largely offset by earnings.
During the quarter, the company returned $40.0 million to shareholders through the repurchase of 221,903 shares of common stock, reducing basic shares outstanding by 2.6%.
The company reduced gross debt in the quarter by $10.7 million to $262.9 million and ended the quarter in a net debt position of $12.4 million.
Management will host an investor conference call and webcast on Friday, July 29, 2022, at 10 a.m. Eastern to discuss these financial results and related matters. The presentation that will accompany the conference call will be available in the Investor Relations section of virtus.com. A replay of the call will be available in the Investor Relations section through August 6, 2022.
Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.
Non-GAAP Information and Reconciliations
(in thousands except per share data)
The non-GAAP financial measures included in this release differ from financial measures determined in accordance with U.S. GAAP as a result of the reclassification of certain income statement items, as well as the exclusion of certain expenses and other items that are not reflective of the earnings generated from providing investment management and related services. Non-GAAP financial measures have material limitations and should not be viewed in isolation or as a substitute for U.S. GAAP measures.
The following are reconciliations and related notes of the most comparable U.S. GAAP measure to each non-GAAP measure:
Reclassifications:
1. Consolidated investment products - Revenues and expenses generated by operating activities of mutual funds and CLOs that are consolidated in the financial statements. Management believes that excluding these operating activities to reflect net revenues and expenses of the company prior to the consolidation of these products is consistent with the approach of reflecting its operating results from managing third-party client assets.
Other Adjustments:
Revenue Related
2. Investment management/Distribution and service fees - Each of these revenue line items is reduced to exclude fees passed through to third-party client intermediaries who own the retail client relationship and are responsible for distributing the product and servicing the client. The amount of fees fluctuates each period, based on a predetermined percentage of the value of assets under management, and varies based on the type of investment product. The specific adjustments are as follows:
Investment management fees - Based on specific agreements, the portion of investment management fees passed-through to third-party intermediaries for services to investors in sponsored investment products.
Distribution and service fees - Based on distinct arrangements, fees collected by the company then passed-through to third-party client intermediaries for services to investors in sponsored investment products. The adjustment represents all of the company's distribution and service fees that are recorded as a separate line item on the condensed consolidated statements of operations.
Management believes that making these adjustments aids in comparing the company's operating results with other asset management firms that do not utilize third-party client intermediaries.
Expense Related
3. Distribution and other asset-based expenses - Primarily payments to third-party client intermediaries for providing services to investors in sponsored investment products. Management believes that making this adjustment aids in comparing the company's operating results with other asset management firms that do not utilize third-party client intermediaries.
4. Amortization of intangible assets - Non-cash amortization expense or impairment expense, if any, attributable to acquisition-related intangible assets, including any portion that is allocated to noncontrolling interests. Management believes that making this adjustment aids in comparing the company's operating results with other asset management firms that have not engaged in acquisitions.
5. Acquisition and integration expenses - Expenses that are directly related to acquisition and integration activities. Acquisition expenses include transaction closing costs, change in fair value of contingent consideration, certain professional fees, and financing fees. Integration expenses include costs incurred that are directly attributable to combining businesses, including compensation, restructuring and severance charges, professional fees, consulting fees, and other expenses. Management believes that making these adjustments aids in comparing the company's operating results with other asset management firms that have not engaged in acquisitions.
Components of Acquisition and Integration Expenses for the respective periods are shown below:
6. Other - Certain expenses that are not reflective of the ongoing earnings generation of the business. Employment expenses and noncontrolling interests are adjusted for fair value measurements of affiliate minority interests. Other operating expenses are adjusted for non-capitalized debt issuance costs. Interest expense is adjusted to remove gains on early extinguishment of debt and the write-off of previously capitalized costs associated with the modification of debt. Income tax expense (benefit) items are adjusted for uncertain tax positions, changes in tax law, valuation allowances, and other unusual or infrequent items not related to current operating results to reflect a normalized effective rate. Management believes that making these adjustments aids in comparing the company's operating results with prior periods.
Components of Other for the respective periods are shown below:
Seed Capital and CLO Related
7. Seed capital and CLO investments (gains) losses - Gains and losses (realized and unrealized) of seed capital and CLO investments. Gains and losses (realized and unrealized) generated by investments in seed capital and CLO investments can vary significantly from period to period and do not reflect the company's operating results from providing investment management and related services. Management believes that making this adjustment aids in comparing the company's operating results with prior periods and with other asset management firms that do not have meaningful seed capital and CLO investments.
Definitions:
Revenues, as adjusted, comprise the fee revenues paid by clients for investment management and related services. Revenues, as adjusted, for purposes of calculating net income attributable to Virtus Investment Partners, Inc., as adjusted, differ from U.S. GAAP, namely in excluding the impact of operating activities of consolidated investment products and reduced to exclude fees passed through to third-party client intermediaries who own the retail client relationship and are responsible for distributing the product and servicing the client.
Operating expenses, as adjusted, is calculated to reflect expenses from ongoing continuing operations. Operating expenses, as adjusted, for purposes of calculating net income attributable to Virtus Investment Partners, Inc., as adjusted, differ from U.S. GAAP expenses in that they exclude amortization or impairment, if any, of intangible assets, restructuring and severance, the effect of consolidated investment products, acquisition and integration-related expenses and certain other expenses that do not reflect the ongoing earnings generation of the business.
Operating margin, as adjusted, is a metric used to evaluate efficiency represented by operating income, as adjusted, divided by revenues, as adjusted.
Earnings (loss) per share, as adjusted, represent net income (loss) attributable to Virtus Investment Partners, Inc., as adjusted, divided by weighted average shares outstanding, as adjusted, on either a basic or diluted basis.
This press release contains statements that are, or may be considered to be, forward-looking statements. All statements that are not historical facts, including statements about our beliefs or expectations, are "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995, as amended. These statements may be identified by such forward-looking terminology as "expect," "estimate," "intent," "plan," "intend," "believe," "anticipate," "may," "will," "should," "could," "continue," "project," "opportunity," "predict," "would," "potential," "future," "forecast," "guarantee," "assume," "likely," "target" or similar statements or variations of such terms.
Our forward-looking statements are based on a series of expectations, assumptions and projections about the company and the markets in which we operate, are not guarantees of future results or performance, and involve substantial risks and uncertainty including assumptions and projections concerning our assets under management, net asset inflows and outflows, operating cash flows, business plans, and ability to borrow, for all future periods. All forward-looking statements are as of the date of this release only. The company can give no assurance that such expectations or forward-looking statements will prove to be correct. Actual results may differ materially.
Our business and our forward-looking statements involve substantial known and unknown risks and uncertainties, including those discussed under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our 2021 Annual Report on Form 10-K, as supplemented by our periodic filings with the Securities and Exchange Commission (the "SEC"), as well as the following risks and uncertainties resulting from: (i) any reduction in our assets under management; (ii) general domestic and global economic and political conditions (including war, acts of terrorism, and civil unrest); (iii) inability to achieve the expected benefits of our strategic transactions; (iv) the ongoing effects of the COVID-19 pandemic and associated global economic disruption; (v) withdrawal, renegotiation or termination of investment advisory agreements; (vi) damage to our reputation; (vii) inability to satisfy financial covenants and payments related to our indebtedness; (viii) inability to attract and retain key personnel; (ix) challenges from the competition we face in our business; (x) adverse developments related to unaffiliated subadvisers; (xi) negative changes in key distribution relationships; (xii) interruptions in or failure to provide critical technological service by us or third parties; (xiii) loss on our investments; (xiv) lack of sufficient capital on satisfactory terms; (xv) adverse regulatory and legal developments; (xvi) failure to comply with investment guidelines or other contractual requirements; (xvii) adverse civil litigation and government investigations or proceedings; (xviii) unfavorable changes in tax laws or limitations; (xix) volatility associated with our common stock; (xx) inability to make quarterly common stock dividends; (xxi) certain corporate governance provisions in our charter and bylaws; (xxii) losses or costs not covered by insurance; (xxiii) impairment of goodwill or intangible assets; and other risks and uncertainties. Any occurrence of, or any material adverse change in, one or more risk factors or risks and uncertainties referred to above, in our 2021 Annual Report on Form 10-K and our other periodic reports filed with the SEC could materially and adversely affect our operations, financial results, cash flows, prospects and liquidity.
Certain other factors that may impact our continuing operations, prospects, financial results and liquidity, or that may cause actual results to differ from such forward-looking statements, are discussed or included in the company's periodic reports filed with the SEC and are available on our website at virtus.com under "Investor Relations." You are urged to carefully consider all such factors.
The company does not undertake or plan to update or revise any such forward-looking statements to reflect actual results, changes in plans, assumptions, estimates or projections, or other circumstances occurring after the date of this release, even if such results, changes or circumstances make it clear that any forward-looking information will not be realized. If there are any future public statements or disclosures by us that modify or affect any of the forward-looking statements contained in or accompanying this release, such statements or disclosures will be deemed to modify or supersede such statements in this release.
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SOURCE Virtus Investment Partners, Inc. | https://www.wibw.com/prnewswire/2022/07/29/virtus-investment-partners-announces-financial-results-second-quarter-2022/ | 2022-07-29T11:57:52Z |
Tiger Woods withdrew from the U.S. Open on Tuesday, saying that his damaged right leg needs more time to get stronger to contend in the majors.
Woods made a surprise return at the Masters, just 14 months after he broke bones in his right leg and ankle in a February 2021 car crash outside Los Angeles. He made the cut at Augusta National, then played the PGA Championship at Southern Hills.
Even though he made another cut, Woods was limping badly on Saturday and withdrew after the third round, the first time he had withdrawn on the weekend at a major.
Woods posted Tuesday on social media, “My body needs more time to get stronger for major championship golf.”
He said he hopes to be ready to play in a charity pro-am event in Ireland ahead of the British Open at St. Andrews, where he won two of his three claret jugs.
This will be the sixth time in the last 12 years Woods does not play the U.S. Open, which he has won three times, most recently at Torrey Pines in 2008 when he had a double stress fracture in his left leg and shredded knee ligaments that required reconstructive surgery when the event was over.
He last played in 2020 at Winged Foot and missed the cut.
Before the previous two majors, Woods sent the internet buzzing, with private plane tracking sites indicating he was at Augusta National and Southern Hills a week or so early for a scouting trip, a clear sign he was thinking about playing.
There was no such flight to Boston this time. Woods last competed at The Country Club at Brookline in 1999, when he won his singles match against Andrew Coltart as part of an amazing American rally to win the Ryder Cup.
“We’re disappointed we won’t see him in Boston,” said Mike Whan, the CEO of the USGA. “But personally, I’m happy for him that he’s looking after his health. I’d rather see Tiger long-term than just in the 2022 U.S. Open.”
Woods always had his sights on St. Andrews, even after he played in the Masters. He said after the Masters he wasn’t sure whether he could play in the PGA Championship or the U.S. Open, but he would be at the British Open.
The Old Course is relatively flat, the easiest of the four majors to walk.
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More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/tiger-woods-says-his-leg-not-ready-and-he-wont-play-us-open/ | 2022-06-08T17:35:30Z |
The acquisition will increase the number of Lifespace communities to 17, with six in Texas
DALLAS and ABILENE, Texas, July 20, 2022 /PRNewswire/ -- Lifespace Communities announced today that it has finalized an agreement with a private equity investment group for Lifespace to acquire three senior living campus communities in Texas – Meadow Lake in Tyler, Wesley Court in Abilene, and The Craig in Amarillo.
The three communities are currently managed by ER Senior Management, LLC (Evergreen), which will continue to provide management services to each community through the end of the year. Lifespace welcomes these three communities into its current family of 14 communities, including three in Texas. The communities will fully transition onto Lifespace management, systems, and support at year-end.
Financial terms of the acquisition are not being disclosed at this time.
Meadow Lake, located in Tyler, is a private residential neighborhood focused on the outdoors. Nestled on 92 acres, Meadow Lake provides a full continuum of care with 205 residences including independent living apartment and cottage homes, assisted living, memory care and skilled nursing levels of living.
Wesley Court, located in Abilene, is a private residential neighborhood consisting of executive and garden homes, independent living apartments, assisted living apartments, and private nursing care rooms. Wesley Court sits on 70 acres with 182 residences.
The Craig, located in Amarillo, is the largest of these three communities with 302 residences in independent living (cottages and apartments), assisted living, and skilled nursing levels of living. Located on 40 acres, The Craig is in the fastest growing area of Amarillo with easy access to health care, golf clubs and shopping.
"We believe Meadow Lake, Wesley Court and The Craig are a great fit for Lifespace as we share similar values and an ingrained commitment to service in delighting our residents," said Jesse Jantzen, Lifespace president and CEO. "The addition of these communities advances our ongoing strategic objective to engage in the rigorous and disciplined pursuit of growth opportunities to scale and diversify our core business."
The communities join the Lifespace family with strong occupancy levels while offering a combination of Type C entrance fee and rental contracts, providing Lifespace an opportunity to expand its service offerings and diversity its revenue base.
"This transaction represents a natural transition to an established and robust platform that will support and grow the communities over the long term. As part of the acquisition, we will partner with Lifespace to help support, recognize, and embrace the culture established at each of the communities and will focus on enhancing quality, and enriching experiences for residents and team members, while building connections, trust and confidence," said Brian Dowd, president and CEO of ER Senior Management, LLC.
Lifespace Communities, Inc., based in Dallas and West Des Moines, Iowa, is a not-for-profit organization proudly serving older adults for more than 45 years. Founded in 1976, Lifespace Communities with this acquisition has grown to own and operate 17 continuing care retirement communities in seven states, serving more than 5,300 residents and employing more than 3,900 team members. For more information about Lifespace and its communities, visit LifespaceCommunities.com.
Founded in 2011, Evergreen is an experienced operator of senior living communities with an emphasis on entrance fee and rental campuses offering multiple levels of senior living and care and is based in Abilene, Texas.
Contact:
Susan Straub
Lifespace Director of Corporate Communications
(515) 433-3035 O
(214) 454-8529 C
susan.straub@lifespacecommunities.com
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SOURCE Lifespace Communities | https://www.wibw.com/prnewswire/2022/07/20/lifespace-communities-acquire-three-texas-senior-living-communities/ | 2022-07-20T18:36:37Z |
JOHANNESBURG (AP) — South African President Cyril Ramaphosa is facing a criminal investigation after a revelation that he failed to report the theft of about $4 million in cash from his farm in northern Limpopo province.
An account of the theft is contained in an affidavit by the country’s former head of intelligence Arthur Fraser, who has opened a case against Ramaphosa.
Ramaphosa has not denied the theft but claims that he reported it to the head of his VIP Protection unit, who did not report it to the police.
In South Africa it is illegal not to report a crime and according to Fraser’s affidavit, Ramaphosa tried to conceal the theft, which happened in February 2020 when he was attending an African Union summit in Addis Ababa, Ethiopia.
Several opposition parties have called for a full investigation into the theft, including whether the amount of foreign currency allegedly stolen had been declared to the South African Revenue Service.
The Democratic Alliance, the country’s biggest opposition party, said Ramaphosa should come clean about the circumstances surrounding the theft and why it was not reported to the police.
“The president is facing a crisis of credibility and cannot hide behind procedural smokescreens to avoid presenting South Africans with the full truth around the money that was stolen from his farm, and the subsequent cover-up,” the opposition party’s leader John Steenhuisen said in a statement.
Another opposition party, the United Democratic Movement, has called on Ramaphosa to take a “leave of absence” while Parliament probes the incident, saying it is not prudent for it to do so while he was in office.
Ramaphosa publicly spoke about the incident for the first time over the weekend since the revelations surfaced, saying the cash was from buying and selling animals on his farm.
“I want to reaffirm that I was not involved in any criminal conduct, and once again I pledge my full cooperation with any form of investigation,” said Ramaphosa on Sunday.
“I would like to say that I’m a farmer. I’m in the cattle business and the game business. And through that business, which has been declared to Parliament and all over, I buy and I sell animals,” he said.
The sales are sometimes through cash and sometimes through transfers, and what is being reported is a clear business transaction of selling animals, said Ramaphosa.
He was addressing the Limpopo provincial conference of the ruling party, the African National Congress, where his political allies were re-elected, boosting his own chances for re-election as the ANC’s president at the party’s national conference in December.
Ramaphosa’s supporters have cried foul, saying the timing of the revelation is part of efforts to derail his efforts to be re-elected party president in December.
The information about the theft was revealed by Fraser, the former head of South Africa’s intelligence, who is known to be loyal to former President Jacob Zuma.
Fraser controversially approved Zuma’s release from prison on medical parole last year, an action that is now being contested in court as illegal. Zuma had been sent to prison last year after he was convicted of defying the Constitutional Court by refusing to testify at a judicial inquiry probing allegations of corruption during his presidential term from 2009 to 2018. | https://cw33.com/news/international/ap-international/south-africas-president-faces-probe-over-unreported-theft/ | 2022-06-07T02:49:18Z |
Including Fiber-to-the-Home (FTTH) in areas within Berks County, PA
READING, Pa., June 16, 2022 /PRNewswire/ -- FastBridge Fiber announces the launch of its company which will provide what has become America's newest essential utility; ultra-fast internet to support remote working, distance learning, streaming, gaming, cloud connectivity, and the IoT (Internet of Things). Construction of the new all-fiber network is planned to begin in Fall of 2022.
"FastBridge Fiber serves a powerful purpose; enriching the communities in which we serve by connecting people. We are excited to provide a brand-new, very fast, fiber internet option to residents and businesses in the area who have not had many choices for broadband," states FastBridge Fiber CEO Eric Warren.
"We welcome the opportunity for the residents and businesses in Berks County to have a new option for broadband services. FastBridge Fiber building infrastructure in our county to bring fiber-optic internet to our community is very exciting," states Christian Leinbach, Berks County Commissioner.
In addition to ultra-fast reliable service, FastBridge Fiber features no data caps, free professional installation and simple month-to-month pricing plans. FastBridge Fiber internet and transport data services will become available in identified areas beginning in late 2022. Prospective customers can visit the FastBridge Fiber Check Availability webpage to find additional information, check for service availability and register their address to be alerted with construction and service updates.
FastBridge Fiber is a modern fiber-optic internet service company providing ultra-fast and highly reliable service to homes and businesses over their newly constructed all-fiber network. FastBridge Fiber's network is built with today's customers in mind; customers with multiple connected devices demanding the fastest speed and highest reliability. Customers enjoy hassle-free pricing plans and attentive customer service with FastBridge Fiber. FastBridge Fiber is committed to hiring and investing in the local communities they serve.
FastBridge Fiber is supported by equity financing from certain client accounts of Guggenheim Investments.
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners with more than $252 billion* in total assets across fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, wealth managers, and high-net-worth investors.
*Guggenheim Investments AUM (assets under management) as of 03/31/2022. The assets include leverage of $20.0 billion. Guggenheim Investments represents the following affiliated investment management businesses of Guggenheim Partners, LLC: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Partners Advisors, LLC, Guggenheim Corporate Funding, LLC, Guggenheim Partners Europe Limited, Guggenheim Partners Fund Management (Europe) Limited, Guggenheim Partners Japan Limited, GS GAMMA Advisors, LLC, and Guggenheim Partners India Management. Guggenheim Partners Europe Limited is regulated by the Central Bank of Ireland.
Media Contact:
Lynn Pope
lynn.pope@fastbridgefiber.com
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SOURCE FastBridge Fiber | https://www.kxii.com/prnewswire/2022/06/16/fastbridge-fiber-bring-its-newly-constructed-ultra-fast-fiber-internet-pennsylvania-residents-businesses/ | 2022-06-16T13:39:10Z |
FAIRPORT, N.Y., May 5, 2022 /PRNewswire/ -- Vinco Ventures, Inc. (NASDAQ: BBIG) ("Vinco"), a digital media and content technologies holding company, today announced that May 18, 2022 has been set as the record date for the dividend of shares of common stock of Cryptyde, Inc. ("Cryptyde") to be distributed to Vinco stockholders in order to effect the separation of Vinco and Cryptyde into two independent, publicly traded companies.
Each Vinco stockholder of record as of the close of business on May 18, 2022 will receive, on the distribution date, one share of Cryptyde common stock for every 10 shares of Vinco common stock held. The share dividend is expected to be distributed to Vinco stockholders on or about May 27, 2022. Following the separation, Vinco stockholders will also receive cash in lieu of any fractional shares of Cryptyde common stock that those holders would have received after application of the 10:1 distribution ratio. No action is required by Vinco stockholders in order to receive the shares of Cryptyde common stock in the dividend distribution.
In connection with this separation, Cryptyde filed a Registration Statement on Form 10 (the "Form 10"). This Form 10 contains further information regarding Vinco's plans for a tax-free spin-off of Cryptyde as a publicly traded company, including the conditions to completion of the separation. The Form 10 has not been declared effective yet by the Securities and Exchange Commission.
After the separation, Cryptyde common stock is expected to trade on the Nasdaq Capital Market under the stock ticker symbol "TYDE" and Vinco will continue to trade on Nasdaq Capital Market under the stock ticker symbol "BBIG."
Vinco Ventures, Inc. (BBIG) is focused on [the development of digital media and content technologies]. Vinco Ventures' consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, has an 80% ownership interest in Lomotif Private Limited. For more information visit Investors.vincoventures.com.
Lomotif is a video-sharing social networking platform that is democratizing video creation. A home for creators since 2014, Lomotif hosts a grassroots social community with dedicated users in Asia, Latin America and the United States. Lomotif is 80% owned by ZVV Media Partners, LLC, a joint venture of ZASH Global Media and Entertainment Corporation and Vinco Ventures, Inc. (Nasdaq: BBIG). Download the Lomotif app from Apple and Google stores or visit www.lomotif.com for more information.
Cryptyde, Inc. (anticipated: TYDE), is focused on leveraging blockchain technologies to disrupt consumer facing industries.
This press release contains "forward-looking statements" as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, which are based upon beliefs of, and information currently available to, Vinco Ventures' management as well as estimates and assumptions made by Vinco Ventures' management. These statements can be identified by the fact that they do not relate strictly to historic or current facts. When used in this presentation the words "estimate," "expect," "intend," "believe," "plan," "anticipate," "projected," and other words or the negative of these terms and similar expressions as they relate to the applicable company or its management identify forward-looking statements. Such statements reflect the current view of Vinco Ventures with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to Vinco Ventures and its subsidiaries and consolidated variable interest entities including Lomotif, their industry, financial condition, operations and results of operations. Such factors include, but are not limited to, the expected benefits from Vinco Ventures' investments in Lomotif and related growth initiatives and strategies such as the blended media, cross-platform distribution strategy, the expected benefits of Lomotif's participation in and sponsorship of live entertainment events, the expected benefits from acquisition of AdRizer and planned integration of the AdRizer technology with Lomotif and Honey Badger and synergies between AdRizer, Lomotif and Honey Badger, uncertainties as to the completion and timing of the spin-off of Cryptyde, the failure of the Form 10 to be declared effective by the Securities and Exchange Commission, the failure to satisfy any conditions to complete the spin-off as specified in the Form 10, the expected tax treatment of the spin-off and the impact of the spin-off on the businesses of Vinco Ventures and Cryptyde, the expected benefits for Vinco Ventures, its shareholders and Cryptyde from the recent injection of businesses and assets into Cryptyde and the spin-off, the regulatory risks with the NFT and blockchain business lines and such other risks and uncertainties described more fully in documents filed by Vinco Ventures and Cryptyde with or furnished to the Securities and Exchange Commission, including the risk factors discussed in Vinco Ventures' Annual Report on Form 10-K for the period ended December 31, 2021 filed on April 15, 2022 and Cryptyde's Amendment No. 2 of Form 10 filed on March 18, 2022, which are available at www.sec.gov. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.
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SOURCE Vinco Ventures, Inc. | https://www.wibw.com/prnewswire/2022/05/05/vinco-sets-record-date-distribution-date-planned-business-separation-cryptyde/ | 2022-05-05T21:51:41Z |
NEW YORK, Aug. 30, 2022 /PRNewswire/ -- Huion, dedicated to designing and manufacturing pen tablets, pen displays and relevant accessories, launched the 1st generation of Huion Note on August 31, 2022 (Shenzhen, China).
Compared to the Huion regular pen tablets and pen displays, Huion Note is portable. The ideal dimension and premium PU leather cover make its overall shape delicate, and the simple but high-end design makes it an elegant feel.
This digital notebook can be widely used by business people, office workers, and campus students to improve working efficiency without changing the traditional method of taking notes.
It's compatible with iOS, Android, Windows, and macOS, meaning the users can dive into the unit on the go.
What Makes It Outstanding?
- Battery-free Digital Pen
Huion Note comes with Huion Scribo 2, the second generation of Huion Scribo, which uses the passive EMR technology for battery-free. It's powered by PenTech 3.0 to shorten retraction distance and ensure accurate lines and strokes. That helps to provide a better writing experience. Huion Scribo 2 supports 8192 levels of pressure sensitivity to bring users a smooth writing feeling. - Bluetooth 5.0
Bluetooth 5.0 is not the latest technology but is leading the market's competitors. To pair the device, we can scan the QR code on the Huion Note (download and install the Huion Note APP on your phone/tablet first) or select "Huion Note" on the list of paired devices. - Additional Functions
- Time-synced notes
- Add recordings
- Notes & audio playback simultaneously
- Support merging & splitting notes
Huion Note is feature-rich and properly applies to office people and students. For instance, it supports synchronizing users' notes on Huion Note to their phone/tablet in real-time.
What's more, Huion Note allows you to record the sounds simultaneously while taking notes, and it resembles what you thought at the moment when you made a note. That's why we say it's perfect for people who need meeting minutes and taking notes.
Final Words
With a 1300mAh battery, Huion Note has a long battery life of 18 hours. It's convenient for the users to sketch and take notes anytime, anywhere.
Huion Note marks an essential innovation: the appearance and its technology. You can expect its promising performance, and we believe Huion will never let you down.
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SOURCE Huion | https://www.wibw.com/prnewswire/2022/08/31/huion-released-1st-generation-huion-note/ | 2022-08-31T02:35:55Z |
LAS VEGAS, June 30, 2022 /PRNewswire/ -- Ahern Rentals, Inc. ("Ahern" or the "Company") today announced it has commenced an offer to exchange its existing notes for new 8.375% second priority senior secured notes due 2026. The new notes will pay interest in cash at a rate of 8.375%. The new notes will mature May 15, 2026 (as compared to the maturity of May 15, 2023 on the existing notes). The new notes will be secured by a second lien on substantially all of the Company's assets. In addition to being guaranteed by the guarantors of the existing notes, the new notes will be guaranteed by Xtreme Re-Rental, LLC, an affiliate of the Company.
Investors who participate in the exchange offer will receive $1,000 principal amount of new notes for each $1,000 principal amount of existing notes tendered, provided that the tenders are submitted by 5:00 p.m. ET on July 14, 2022, unless extended. Holders who tender after July 14, 2022 will receive $950 of new notes per $1,000 of existing notes. Tendered existing notes may be validly withdrawn at any time prior to 5:00 p.m. ET on July 14, 2022, but not thereafter. Holders who participate in the exchange offer will also be providing consents to certain amendments to the indenture for the existing notes. The exchange offer will expire on July 28, 2022, unless extended. Accrued and unpaid interest on the existing notes that are exchanged will be paid in cash.
In order for the exchange offer to be completed, (1) all outstanding loans previously made from the Company to its affiliated companies must be repaid in full to the Company from these affiliated companies, (2) Xtreme Re-Rental, LLC, an affiliate of the Company which owns approximately $173 million in equipment based on original equipment cost (and currently re-rents certain of the same equipment to the Company), must become a guarantor for the new notes, (3) an amendment to the ABL Credit Facility must be made on terms acceptable to the Company which shall among other changes, extend the maturity of the ABL Credit Facility and provide consent for the exchange offer, and (4) the new notes must be rated by both Moody's Investors Service and S&P Global, Inc. In addition, the exchange offer is conditioned on minimum participation of the holders of at least 66-2/3% in aggregate principal amount of the outstanding existing notes, which constitutes requisite participation to release the collateral and guarantees for the existing notes and to eliminate certain restrictive covenants and events of default in the indenture for the existing notes.
Any existing notes that remain outstanding after the closing of the exchange offer will be effectively subordinated to the new notes with respect to substantially all the assets of the Company. In addition, most of the covenants for any existing notes that remain outstanding will have been eliminated.
Available Documents and Other Details
Documents relating to the exchange offer will only be distributed to holders of existing notes who complete and return an eligibility form confirming that they are either a "qualified institutional buyer" under Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), or not a "U.S. person" under Regulation S under the Securities Act (such holders, "Eligible Holders"). Noteholders who desire to complete an eligibility form should request instructions by sending an e-mail to ahern@dfking.com, or call D.F. King & Co., the information agent for the exchange offer, at (800) 669- 5550 (toll-free) or (212) 269-5550 (for banks and brokers).
The new notes will not be registered under the Securities Act, or any other applicable securities laws and, unless so registered, the new notes may not be offered, sold, pledged or otherwise transferred within the United States to or for the account of any U.S. person, except pursuant to an exemption from the registration requirements thereof. Accordingly, the new notes are being offered and issued only (i) to persons reasonably believed to be "qualified institutional buyers" (as defined in Rule 144A under the Securities Act) and (ii) to non-"U.S. persons" who are outside the United States (as defined in Regulation S under the Securities Act) and in both cases of (i) and (ii) are not beneficial owners in or resident of Canada or authorized representatives acting on behalf of beneficial owners in or resident of Canada. Beneficial owners in or resident of Canada or such authorized representatives should contact the information agent for the exchange offer listed in the preceding paragraph.
The complete terms and conditions of the exchange offer are set forth in the informational documents relating to the exchange offer. This press release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell the new notes. The exchange offer and consent solicitation is only being made pursuant to the Confidential Offering Memorandum and Consent Solicitation Statement and the related letter of transmittal. The exchange offer is not being made to holders of existing notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction.
About Ahern
Ahern Rentals is the largest independently owned equipment rental company in the United States. With $906 million in fiscal year 2021 revenue, the company is ranked as the eighth largest U.S. equipment rental company by Rental Equipment Register ("RER"). Founded in 1953 in Las Vegas, Nevada, Ahern Rentals has expanded through organic growth to develop a national platform with 112 branch locations in 31 states as of March 31, 2022. Ahern focuses on the aerial market segment of the $50 billion equipment rental industry with an extensive fleet of "high reach" equipment, which is supplemented by a fleet of ground engaging, general rental, and specialty equipment to provide customers with a "one- stop" solution for their equipment needs. Serving a large and diverse customer base comprised of commercial and residential construction companies, specialty contractors, industrial companies, utility companies, governmental entities, and homeowners, Ahern provides a comprehensive range of equipment and solutions, including renting and selling used/new equipment, parts, supplies, and related merchandise, as well as providing maintenance, repair, and other services that supplement rental and sales activities.
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SOURCE Ahern Rentals | https://www.mysuncoast.com/prnewswire/2022/06/30/ahern-rentals-inc-announces-commencement-exchange-offer-consent-solicitation-7375-second-priority-senior-secured-notes-due-2023/ | 2022-06-30T23:29:17Z |
Industry veterans Tracy Vasquez and Steven Getty to lead hotel-franchise practice within
newly expanded Restaurant and Hospitality Finance team
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Mitsubishi UFJ Financial Group (MUFG) announced today the expansion of its restaurant-finance platform to cover hotel franchises with the hiring of two veteran bankers to its Restaurant and Hospitality Finance team, which is part of MUFG's Corporate and Investment Banking division.
Director Tracy Vasquez will lead loan underwriting and portfolio management of hotel-franchisee clients, and report to Quinn Hall, the team's Head of Loan Underwriting and Portfolio Management. Director Steven Getty will serve a senior relationship management function spearheading business development within the hospitality industry, and will report to Brian Geraghty, the team's Head of Loan Originations.
"With the addition of Tracy and Steven, we are scaling out our deep talent bench and expertise in franchise lending to pursue a significant new platform expansion in the hospitality industry," says Nick Cole, Head of Restaurant and Hospitality Finance. "Tracy and Steven are seasoned professionals who position us to deliver robust financing and advisory capabilities to franchisees of mid-scale, limited-service hotel chains, which represent a market segment with attractive risk/return credit characteristics, as well as growth opportunities for MUFG."
Ms. Vasquez will be based in Scottsdale, AZ, and has two decades of industry experience. Previously she was a Director of Underwriting and Portfolio Management for Wells Fargo's hotel-loan portfolio. Before then, Vasquez held senior roles at GE Capital's Franchise Finance Unit and at Western Alliance Bank that included the management of hotel-loan portfolios and underwriting responsibilities.
Mr. Getty will be based in Atlanta, GA. He was previously a Director of Hotel Franchise Finance at Wells Fargo, where he helped develop relationships with hotel investors and drove loan origination. Formerly, Getty assumed a number of key positions with similar responsibilities at Western Alliance Bancorporation's and GE Capital's Franchise Finance businesses.
MUFG's newly expanded Restaurant and Hospitality Finance team comprises investment banking professionals across multiple other locations including San Diego, Chicago, and Boston.
Press contact:
Oksana Poltavets
646-767-1326
opoltavets@us.mufg.jp
About Mitsubishi UFJ Financial Group, Inc.'s U.S. Operations including MUFG Americas Holdings Corporation
The U.S. operations of Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world's leading financial groups, has total assets of $342.4 billion at June 30, 2022. As part of that total, MUFG Americas Holdings Corporation (MUAH), a financial holding company, bank holding company, and intermediate holding company, has total assets of $152.5 billion at June 30, 2022. MUAH's main subsidiaries are MUFG Union Bank, N.A. and MUFG Securities Americas Inc. MUFG Union Bank, N.A. provides a wide range of financial services to consumers, small businesses, middle-market companies, and major corporations. As of June 30, 2022, MUFG Union Bank, N.A. operated 297 branches, consisting primarily of retail banking branches in the West Coast states. MUFG Securities Americas Inc. is a registered securities broker-dealer which engages in capital markets origination transactions, domestic and foreign debt and equities securities transactions, private placements, collateralized financings, and securities borrowing and lending transactions. MUAH is owned by MUFG Bank, Ltd. and Mitsubishi UFJ Financial Group, Inc. MUFG Bank, Ltd., a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc., has offices in Argentina, Brazil, Chile, Colombia, Peru, Mexico, and Canada. Visit www.unionbank.com or www.mufgamericas.com for more information.
About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,400 locations in more than 50 countries. The Group has about 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english
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SOURCE MUFG | https://www.mysuncoast.com/prnewswire/2022/09/12/mufg-expands-financing-platform-hospitality-industry/ | 2022-09-12T16:39:12Z |
- MediPharm to design, manufacture and supply a liquid oral cannabis study drug for the Phase 2 Life's end Benefits of cannabidiol and tetrahydrocannabinol (LiBBY) study, to be conducted in the U.S., across 20 sites.
- The lead investigators have been awarded a total of US$16M grant from the US National Institutes of Health and the National Institute on Aging to support the research project.
BARRIE, ON, Aug. 9, 2022 /PRNewswire/ - MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) ("MediPharm Labs" or the "Company") a pharmaceutical company specialized in precision-based cannabinoids, is pleased to announce it has entered into a research support agreement with the Keck School of Medicine of University of Southern California (USC) to conduct a randomized double-blind placebo controlled Phase 2 trial on the efficacy of THC and CBD to treat hospice-eligible patients diagnosed with dementia and experiencing agitation.
The lead investigators are Jacobo Mintzer, MD, MBA, Brigid Reynolds, ANP-BC, and the Alzheimer's Clinical Trial Consortium (ACTC).The ACTC is led by Paul Aisen, MD, Alzheimer's Therapeutic Research Institute at the USC, Ron Petersen, MD, of Mayo Clinic, and Reisa Sperling, MD of the Brigham and Women's Hospital at Harvard Medical School. Consistent with MediPharm's commitment to clinical research and the progression and adoption of drugs containing cannabis, the Company will supply the Sponsor and the Principal Investigators with the study drug and placebo, and such other information and assistance as may be required during the course of the study.
David Pidduck, CEO, MediPharm Labs commented, "We are proud to participate in this important research that further solidifies our pharmaceutical approach to medical cannabis. This trial benefits from passionate lead investigators, a world-renowned sponsor institution and funding from the US National Institute of Health. Dementia and related indications are hard to treat for patients and caregivers especially at the end-of-life stage. It is our hope that the study will potentially provide a better therapeutic option than the current standard of care. MediPharm has invested in the infrastructure, licensing and expertise to become the preferred partner for pharmaceutical companies looking to add drugs containing cannabis to their pipelines. The [partnership] announced this morning provides further evidence that the Company has established processes that meet rigorous U.S. national and state specific regulations, and set the foundation for similar announcements in the future as we continue to build our pipeline."
Study Details – provided by Alzheimer's Clinical Trial Consortium
Approximately 50% of people diagnosed with Alzheimer's disease or other types of dementia will receive hospice care at the end of their life(1). Of these, more than 70% will be prescribed psychiatric medications for management of agitation(2). There are no approved treatments or guidelines to assist clinicians in addressing end-of-life agitation in dementia. In the absence of appropriate evidence-based guidelines, patients are typically prescribed a combination of antipsychotics, sedatives, and opiates. These medications often lead to undesirable side effects, all of which tend to make the situation even worse, lowering quality of life for patients, and adding burden to their care partners.
Recent research suggests that derivatives of cannabis can be beneficial in controlling agitation and distress without the side effects of medications commonly used to treat agitation. In this project, Keck School of Medicine has chosen to use a combination of two medications, THC and CBD. This project aims to test the efficacy of an oral combination of THC and CBD, for the treatment of agitation in participants with a diagnosis of dementia who are eligible for hospice and experiencing agitation. The proposed study consists of a 12-week, Phase 2, multicenter, randomized, double-blind, parallel-group, placebo-controlled study, with primary outcomes evaluating the efficacy and tolerability of a THC/CBD oral combination at week 2 and secondary outcomes at week 12.
The study will recruit approximately 150 participants from 20 clinical trial sites in the United States over a two year period.
Founded in 2015, MediPharm Labs specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products utilizing a Good Manufacturing Practices certified facility with ISO standard-built clean rooms. MediPharm Labs has invested in an expert, research driven team, state-of-the-art technology, downstream purification methodologies and purpose-built facilities with five primary extraction lines for delivery of pure, trusted and precision-dosed cannabis products for its customers. Through its wholesale and white label platforms, MediPharm Labs formulates, develops (including through sensory testing), processes, packages and distributes cannabis extracts and advanced cannabinoid-based products to domestic and international markets.
In 2021, MediPharm Labs received a Pharmaceutical Drug Establishment License from Health Canada, becoming the only company in North America to hold a domestic Good Manufacturing License for the extraction of natural cannabinoids. The Company carries out its operations in compliance with all applicable laws in the countries in which it operates.
Website: www.medipharmlabs.com
(1) Reference: Alzheimer's Disease Facts and Figures, 2022 Annual Report, Alzheimer's Association
Reference: Gerlach LB, Fashaw S, Strominger J, Ogarek J, Zullo AR, Daiello LA, Teno J, Shireman TI, Bynum JPW. Trends in antipsychotic prescribing among long-term care residents receiving hospice care. J Am Geriatr Soc. 2021 Aug;69(8):2152-2162.
(2) Reference: Liu CS, Chau SA, Ruthirakuhan M, Lanctôt KL, Herrmann N. Cannabinoids for the Treatment of Agitation and Aggression in Alzheimer's Disease. CNS Drugs. 2015 Aug;29(8):615-23.
Reference: Ruthirakuhan M, Lanctôt KL, Vieira D, Herrmann N. Natural and Synthetic Cannabinoids for Agitation and Aggression in Alzheimer's Disease: A Meta-Analysis. J Clin Psychiatry. 2019 Jan 29;80(2):18r12617.
Alzheimer's Clinical Trials Consortium (ACTC) is funded by a Cooperative Agreement from the National Institute on Aging, National Institutes of Health. Cooperative Agreement number U24AG057437.
Life's End Benefits of Cannabidiol and Tetrahydrocannabinol (LiBBY)
Pls: Jacobo Mintzer, MD, MBA, Brigid Reynolds, NP
Duration: 4 years
NIA/NIH Grant #: R01 AG068324-01
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate to, among other things, statements regarding: exciting opportunities ahead; the expected results of any clinical research, the development of future cannabis derived pharmaceutical drugs, being a low-capital avenue to research and future marketable pharmaceutical products, and targeting further similar projects. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; the inability of MediPharm Labs to obtain adequate financing; the delay or failure to receive regulatory approvals; and other factors discussed in MediPharm Labs' filings, available on the SEDAR website at www.sedar.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, MediPharm Labs assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change.
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SOURCE MediPharm Labs Corp. | https://www.mysuncoast.com/prnewswire/2022/08/09/medipharm-labs-enters-cannabis-research-agreement-with-keck-school-medicine-usc/ | 2022-08-09T12:09:49Z |
Fire department struggles with rising fuel costs
TOPEKA, Kan. (WIBW) - While drivers are certainly feeling the pain at the pump, first responders are also being put in a tough spot due to rising fuel costs.
Soldier Township Fire Chief, Doug Schmitt, said his department’s average fuel bill is now $1,500 a month, which is about a 30% increase.
He said the most difficult part is that it is happening after the budget has already been set.
“We set this year’s budget actually last year in July and you try to predicate that with what the current fuel prices are. Sometimes you are close, sometimes you are not, Schmitt said.”
Soldier Township Fire’s fuel budget for the entire year is between $8,000 and $10,000.
Schmitt said, “This year already we are looking at about $7,500 in fuel costs and we are just now into June.”
He adds if this continues, it will not be sustainable. “We know that we are going to have to adjust that budget a little bit and make some sacrifices in other areas to ensure we keep all of our apparatus’ fueled and ready for the public.”
One option the department is considering to cut costs is delaying the purchase of new items, like fire hoses.
“A lot of the items that we use are on a maintenance schedule. A hose typically lasts 10 years, tires last 10 years, and they will age out,” Schmitt continued saying, “We are just going to push them off into the next budget cycle and hopefully get caught back up with those purchases as time and money allows.”
The department’s biggest worry is that it will not be enough and the high costs could eventually impact how often they are able to train their firefighters.
“The importance of training and keeping our firefighters and first responders ready to go outweighs the cost of fuel at this point,” Schmitt added, “We have not actually adjusted anything as far as operationally or any training that we are doing, but that is on the table in the future if things continue to get worse we will have to re-analyze and maybe have to pull back on some other activities that we are doing.”
As for the City of Topeka, a spokesperson said they have budgeted for fuel price increases and are not being negatively impacted at this time. They also said, “If that should change, our first responders would be the priority.”
The Kansas Highway Patrol also said they are aware that fuel prices have risen across the state and country. They added, “These increases have not affected our ability to assist motorists in our state and to patrol Kansas roadways.”
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/16/fire-department-struggles-with-rising-fuel-costs/ | 2022-06-16T21:57:38Z |
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