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Marnie Schulenburg, ‘As the World Turns’ and ‘One Life to Live’ actress, dead at 37
By Lisa Respers France, CNN
Marnie Schulenburg, a soap opera actress who documented her journey from becoming a new mother to a cancer patient, has died after battling stage 4 metastatic breast cancer, according to her representative.
She was 37.
Schulenburg, who played Alison Stewart on “As the World Turns” and Jo Sullivan on the “One Life to Live” reboot, died Tuesday, her manger Kyle Luker told CNN.
Schulenburg and her husband, “Succession” actor Zack Robidas, welcomed their daughter, Coda, two years ago.
In December 2020, Schulenburg wrote about her diagnosis for the Soaps site.
“On the eve of my 36th birthday, instead of searching for a place to drink multiple Bloody Marys (my birthdays always involve Bloody Marys, boats and lobster, not in any particular order), I was repeating the same question over and over again in my head: “How does one celebrate a birthday with a new baby in the middle of a global pandemic while coming to terms with a Stage IV, metastatic, borderline triple negative inflammatory breast cancer diagnosis?'” she wrote.
A former gymnast, she grew up in Barnstable, Massachusetts and told The Morning Call in 2012 that her plans to attend school in Boston were derailed after her older brother Gus, a published playwright, took her to his alma mater, DeSales University where she fell in love with the campus.
She also found another type of love at the school, meeting Robidas there when she served as his campus guide.
She acted while in school and snagged the role on “As the World Turns” the year she graduated in 2006.
She went on to appear on the web reboot of “One Life to Life” in 2013.
Schulenburg, who would have celebrated her 38th birthday on Saturday, also performed off Broadway and appeared in television series, including “Blue Bloods” and most recently Showtime’s “City on a Hill,”
She shared her struggle with cancer on social media, writing on a Mother’s Day post on her verified Instagram account earlier this month that she had been sent home from the hospital on oxygen.
“It’s not my ideal to be a 38 year old Mom who needs an oxygen tank to survive right now. I want to be strong and beautiful for her,” she wrote in the caption on a series of photos which featured her daughter and her own mother, Candace. “I want to show her how to move throughout this world with compassion, strength, vivacity, humor and joy like my Mother showed me.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/entertainment/cnn-entertainment/2022/05/19/marnie-schulenburg-as-the-world-turns-and-one-life-to-live-actress-dead-at-37/ | 2022-05-19T17:29:38Z |
Poly Announces First Quarter Fiscal 2023 Financial Results
Published: Aug. 11, 2022 at 3:05 PM CDT|Updated: 1 hour ago
SANTA CRUZ, Calif., Aug. 11, 2022 /PRNewswire/ -- Poly (NYSE: POLY), a global outfitter of professional-grade audio and video technology, today announced first quarter results for the period ended July 2, 2022.
Highlights for the first quarter include:
GAAP revenues for fiscal Q1 were $416M, a 4% year-over-year decline driven primarily by supply chain constraints impacting all product categories. Headset revenue of $176M and Voice revenue of $65M grew 2% and 7% year over year, respectively, while Video revenues of $123M and Services revenue of $52M declined -11% and -14%, respectively.
Geographically for fiscal Q1, Americas revenue of $225M was down 1%, EMEA revenue of $120M was down 5%, and APAC revenue of $71M was down 8% from the prior year.
Fiscal Q1 GAAP gross margins of 40.4% and non-GAAP gross margins of 44.9% were fundamentally flat from the prior year quarter, as higher average selling prices were offset by unfavorable product mix and continued elevated component and logistics costs associated with supply chain disruptions.
Poly continues to be recognized for its industrial design, industry leading technology, and product innovation. Recent notable awards include: The Red Dot Design Award for the Poly Sync 10 speakerphone and Poly Studio X70; Compass Intel Award for the Voyager Focus 2; iF Design Award for the Poly Studio E70, Poly Studio X70, Voyager Focus 2, Sync 10, and Poly Studio R30; ISE Best of Show Award for the Poly Sync Series, Poly Studio X70 and Studio E70; InfoComm Best of Show Award for the Poly Studio R30; rAVe Reader's Choice Award for the Poly Studio Series; Golden Bridge Award for the Poly Studio E70; TMCnet UC Product of the Year for the Poly Studio E70; and Pandemic Tech Innovation Awards for the Poly Studio P Series.
Business Outlook
On March 28, 2022, Poly announced it had entered into a definitive agreement to be acquired by HP Inc. (NYSE: HPQ), a leading global provider of workplace solutions, in an all-cash transaction for $40 per share, implying a total enterprise value of approximately $3.3 billion, inclusive of Poly's net debt.
In light of the pending merger of Poly with HP Inc., Poly will not provide fiscal 2023 guidance and will not hold a conference call to discuss these results.
About Poly
Poly (NYSE: POLY) creates premium audio and video products so you can have your best meeting -- anywhere, anytime, every time. Our headsets, video and audio-conferencing products, desk phones, analytics software and services are beautifully designed and engineered to connect people with incredible clarity. They're pro-grade, easy to use and work seamlessly with all the best video and audio-conferencing services. Poly MeetingAI delivers a broadcast quality video conferencing experience with Poly DirectorAI technology which uses artificial intelligence and machine learning to deliver real-time automatic transitions, framing and tracking, while NoiseBlockAI and Acoustic Fence technologies block-out unwanted background noise. With Poly (Plantronics, Inc. – formerly Plantronics and Polycom), you'll do more than just show up, you'll stand out. For more information visit www.Poly.com.
All other trademarks are the property of their respective owners.
Use of Non-GAAP Financial Information
To supplement our condensed consolidated financial statements presented on a GAAP basis, we use non-GAAP measures of operating results, including non-GAAP net revenues, non-GAAP gross profit, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, adjusted EBITDA, and non-GAAP diluted EPS. These non-GAAP measures are adjusted from the most directly comparable GAAP measures to exclude certain non-cash transactions and activities that are not reflective of our ongoing core operations, as further described below. We believe the use of each of these non-GAAP measures provides meaningful supplemental information in assessing our operating performance and liquidity across reporting periods on a consistent basis and are used by management in evaluating financial performance and in strategic planning. These non-GAAP measures may differ from those used by other companies and are not intended to be considered in isolation of, or as a substitute for, financial results prepared in accordance with GAAP. Certain prior year amounts have been reclassified for consistency with current year presentation.
Non-GAAP Adjustments
Purchase accounting amortization: Represents the amortization of purchased intangible assets recorded in connection with the acquisition of Polycom on July 2, 2018.
Deferred revenue purchase accounting: Represents the impact of fair value purchase accounting adjustments related to deferred revenue recorded in connection with the acquisition of Polycom on July 2, 2018. The Company's deferred revenue primarily relates to Services revenue associated with non-cancelable maintenance support on hardware devices which are typically billed in advance and recognized ratably over the contract term as those services are delivered. This adjustment represents the amount of additional revenue that would have been recognized during the period absent the write-down to fair value required under purchase accounting guidance.
Stock compensation expense: Represents the non-cash expense associated with the Company's grant of stock-based awards to employees and non-employee directors.
Acquisition costs: Represents charges incurred in connection with the Merger Agreement with HP, such as advisory, legal and accounting fees.
Restructuring and other related charges: Represents costs associated with restructuring plans and reorganization actions aimed at improving the Company's overall cost structure, realigning resources consistent with its global strategy, and reducing expenses to enable strategic investments in revenue growth. These costs are not reflective of ongoing operations and are primarily associated with reductions in the Company's workforce, facility related charges due to the closure or consolidation of offices, and other related costs, including legal and advisory services.
Deferred compensation mark to market: Represents gains and losses driven by the remeasurement of assets and liabilities associated with the Company's deferred compensation plans. Gains and losses on plan liabilities are recognized within operating expenses, while the offsetting gains and losses on plan assets are recognized within other non-operating income, net.
Loss, net on litigation settlements: The Company may be involved in various litigation, claims and proceedings that result in payments or recoveries from such proceedings. The related gains and losses incurred are excluded as they are not reflective of ongoing operations.
Income tax effects: Represents the tax effects of non-GAAP adjustments and other adjustments, depending on the nature of the underlying items. The exclusion of the above-mentioned items eliminates the effect of certain non-recurring and unusual tax items that do not necessarily reflect the Company's long-term operations. The income tax effects for unusual tax items primarily represents the impact of the tax benefit associated with an IP transfer between wholly-owned subsidiaries, changes in uncertain tax positions, excess stock tax benefit, and the full valuation allowance on United States federal and state deferred tax assets.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.kxii.com/prnewswire/2022/08/11/poly-announces-first-quarter-fiscal-2023-financial-results/ | 2022-08-11T21:25:22Z |
The acquisition further demonstrates Mitratech's commitment to HR compliance & efficiency
AUSTIN, Texas, Aug. 10, 2022 /PRNewswire/ -- Today, Mitratech, a leading global provider of legal, compliance, and HR software, is pleased to announce that it has acquired the high-volume, hourly employee-focused applicant tracking and onboarding platform, TalentReef.
TalentReef, the market-leading talent management platform purpose-built for location-based, high-volume hourly hiring, automates processes and optimizes workflows to remove friction for candidates and hiring managers, particularly in de-centralized hiring environments. The talent management ecosystem was built to eliminate discord, ensure compliance and make the recruiting, hiring and onboarding process as smooth and easy as possible for managers and their applicants.
TalentReef's solution provides robust features that hiring managers need to compete in the battle for hourly talent. From a rapid application process to a conversational AI chatbot and two-way text communication, the platform has been built to scale and is configurable based on positional requirements, seasonality, and local market needs — specifically for those who hire hourly workers. TalentReef is used in over 100,000 locations across the US.
"We welcome TalentReef into the Mitratech community and are excited about our collective vision," said Mike Williams, CEO, of Mitratech. "Combining TalentReef's best-in-class systems with Mitratech's expertise, technology, and global platform will ensure our customers' hiring needs are serviced better and faster than anyone else in the industry."
The acquisition comes on the heels of Mitratech acquiring AssureHire, an emerging leader in tech-enabled background screening and verifications. TalentReef will integrate with both Tracker I-9 and AssureHire to provide a seamless and highly compliant onboarding experience for hourly workers.
Mitratech is a proven global technology partner for corporate legal, risk, compliance, and HR professionals seeking to maximize productivity, control expense, and mitigate risk by deepening organizational alignment, increasing visibility, and spurring collaboration across an enterprise. Mitratech serves over 2,000 organizations worldwide spanning more than 160 countries.
For more info, visit: www.mitratech.com
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SOURCE Mitratech Holdings Inc | https://www.mysuncoast.com/prnewswire/2022/08/10/mitratech-acquires-talent-management-platform-talentreef/ | 2022-08-10T17:02:08Z |
NEW YORK , June 21, 2022 /PRNewswire/ -- Axoni announced today that HSBC and UBS are now live on Veris, Axoni's distributed ledger network for equity swaps, joining a rapidly growing group of both sell-side and buy-side industry participants. Veris allows for all parties on a trade to match and confirm all trade terms upfront and remain synchronized on post-trade events such as amendments, positions, and cash flows through the lifecycle of the swap.
In addition to supporting derivative workflows between two counterparties, Veris can also be used for a single-sided workflow where one side to a trade can manage trades on the platform without their counterparty onboard yet. This can be used to match and manage allocation processes on trade date, standardize data, match cash flows and use the full suite of Veris' equity swap lifecycle functionality.
Since launching in 2020, the Veris product has continued to evolve. Cash flow matching was introduced in 2021 helping solve a key operational pain point throughout the swap lifecycle. The cash flow matching functionality allows for participants to not only ensure synchronization on swap attributes, but subsequent cash flows as well. The two-pronged approach significantly reduces operational burdens on settlement processes by ensuring the inputs and subsequent calculations are matched and agreed ahead of settlement.
Carl Forsberg, Head of Accounts at Axoni said, "These firms have been instrumental in evolving the Veris product as innovative partners committed to improving what is possible in post-trade. Their strong client franchise particularly in Europe and Asia will help ensure that Veris becomes a truly global solution. We are excited to continue to partner as we scale the network."
Loic Lebrun, Global Head of Prime Finance at HSBC, said, "Through our partnership with Axoni, we're pleased HSBC is now live on the Veris platform. Its distributed ledger technology will help to drive more efficiency for our global Prime Finance clients in managing the life cycle of their equity swap transactions."
Natalie Horton, Global Head of Capital Markets Financing at UBS, said, "UBS is delighted to be live on the Veris platform. By joining the network, we can seamlessly engage with our clients, drive consistency in our offering, and reduce operational risk. The technical innovation and thought leadership brought by the Axoni team plays a transformational role in our industry and we look forward to our continued partnership as the platform evolves."
Axoni is a capital markets technology company that specializes in multiparty data and workflows. Their products include core data infrastructure, application development, and automation tools. Axoni's technology is used across global capital markets by the world's leading banks, asset managers, and infrastructure providers.
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SOURCE Axoni | https://www.kxii.com/prnewswire/2022/06/21/hsbc-ubs-go-live-axoni-equity-swaps-network/ | 2022-06-21T13:55:51Z |
Wendle guaranteed $4.63M by Marlins, could get up to $11.55M
ATLANTA (AP) — Miami Marlins infielder Joey Wendle is guaranteed $4,625,000 under a one-year contract that avoided salary arbitration, a deal that could be worth up to $11.55 million for two seasons. Wendle gets a $4.55 million salary this year, and the deal include a $6.3 million mutual option for 2023 with a $75,000 buyout payable if the team declines the option. The option price can escalate by $700,000 based on plate appearances this season: $100,000 for 250 and each additional 50 through 550. | https://localnews8.com/sports/ap-national-sports/2022/04/22/wendle-guaranteed-4-63m-by-marlins-could-get-up-to-11-55m/ | 2022-04-22T23:27:38Z |
GOTHENBURG, Sweden, July 15, 2022 /PRNewswire/ --
Strong six months with 47 per cent growth in income from property management, despite turbulence in the world
- Income SEK 4,400 M (2,936).
- Income from property management: SEK 2,375 M (1,615), corresponding to SEK 7.13 per share (5.88).
- Change in value on properties: SEK 2,812 M (3,122) and derivatives SEK 2,470 M (117).
- Net income for the period: SEK 6,933 M (5,550), corresponding to SEK 20.80 (20.20) per share.
- Long-term net reinstatement value (EPRA NRV): SEK 263 per share (227), an increase of 16 per cent.
- After investments totalling SEK 2,678 M (1,679) in existing portfolios, acquisitions of SEK 147 M (335) and sales of SEK 2,448 M (10,453) the total property portfolio amounts to SEK 185 billion.
- Net lettings for the period: SEK 109 M (66).
"Despite turbulence in our sector this first half of the year, we see a continued strong rental market with positive net lettings. With a loan-to-value ratio of 38.2 percent and financial muscles in terms of already negotiated bank loans that cover all maturities over the next 2 years, as well as a core business with a strong and stable cash flow, Castellum is well equipped to face a tougher financial market," says Rutger Arnhult, CEO of Castellum AB.
Attachment: Half-year report, January–June 2022
For further information, please contact:
Rutger Arnhult, CEO Castellum AB, +46 704-58 24 70
Maria Strandberg, CFO Castellum AB, +46 70-398 23 80
This disclosure contains information that Castellum AB is obligated to make public pursuant to the EU Market Abuse Regulation and the Swedish Security Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 8:00 a.m. CEST on 15 July 2022.
About Castellum
Castellum is one of the largest listed property companies in the Nordic region that develops flexible workplaces and smart logistics solutions. As of 30 June 2022, the property value totalled approximately SEK 185 Bn, including the ownership share of the Norwegian company Entra ASA. We are active in attractive Nordic growth regions. One of our sustainability goals is to become entirely climate neutral by 2030 at the latest. Castellum is the only Nordic property and construction company elected to the Dow Jones Sustainability Index (DJSI). The Castellum share is listed on Nasdaq Stockholm Large Cap.
Beyond expectations.
www.castellum.se
This information was brought to you by Cision
http://news.cision.comhttps://news.cision.com/castellum/r/half-year-report--january-june-2022,c3590382
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SOURCE Castellum | https://www.mysuncoast.com/prnewswire/2022/07/15/castellum-half-year-report-january-june-2022/ | 2022-07-15T08:01:53Z |
NEW ORLEANS, July 15, 2022 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until August 1, 2022 to file lead plaintiff applications in a securities class action lawsuit against Dentsply Sirona, Inc. (NasdaqGS: XRAY), if they purchased the Company's shares between June 9, 2021 and May 9, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the Southern District of Ohio.
Dentsply investors should visit us at https://claimsfiler.com/cases/nasdaq-xray-1/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
Dentsply and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On April 19, 2022, the Company disclosed the sudden termination of CEO Donald Casey "effective immediately." On this news, shares of Dentsply fell by $6.52 per share, or 13%, from $48.72 per share to $42.20 per share. Then, on May 10, 2022, the Company disclosed an ongoing investigation by the Audit and Finance Committee of the Board of Directors, outside counsel and a forensic accounting firm into whether "former and current members of senior management" used improper means to achieve executive compensation goals and other matters relating to financial reporting, which resulted in the Company being unable to timely file its Form 10-Q for the first quarter ended March 31, 2022. On this news, shares of Dentsply fell by $2.87 per share, or 7%, from $39.25 per share to $36.38 per share.
The case is City of Miami General Employees' & Sanitation Employees' Retirement Trust v. Casey, Jr., No. 2:22-cv-02371.
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler | https://www.mysuncoast.com/prnewswire/2022/07/16/dentsply-shareholder-alert-claimsfiler-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-dentsply-sirona-inc-xray/ | 2022-07-16T03:17:14Z |
Man tied to officer’s attack during Capitol riot pleads guilty to lesser charges
(AP) - A West Virginia man initially charged with assaulting a police officer who died after defending the U.S. Capitol from a mob pleaded guilty on Wednesday to misdemeanor offenses that could allow him to avoid more jail time.
Another man accused of attacking the officer with bear spray is weighing a stricter plea deal that calls for a prison sentence exceeding six years.
A federal grand jury indicted George Pierre Tanios last year on felony charges that he conspired with a Pennsylvania man, Julian Elie Khater, to assault and injure Capitol Police Officer Brian Sicknick with chemical spray during the riot on Jan. 6, 2021.
Tanios, 40, pleaded guilty to two misdemeanors, each of which carries a maximum sentence of one year of imprisonment.
Prosecutors also have extended an offer for Khater to plead guilty to felony assault charges. If he accepts the offer, estimated sentencing guidelines will recommend a prison term ranging from six years and six months to eight years and one month. Khater hasn’t decided whether to accept that plea offer, one of his lawyers said Wednesday during a virtual hearing.
The medical examiner’s office in Washington, D.C., determined in April 2021 that Sicknick, 42, suffered a stroke and died from natural causes.
U.S. District Judge Thomas Hogan is scheduled to sentence Tanios on Dec. 6. Hogan said the estimated sentencing guidelines for Tanios range from no jail time to six months of imprisonment for both counts. Tanios was jailed for about five months after his arrest and could get credit for time served.
Khater has remained jailed while awaiting a trial in October on felony charges, including assaulting a federal officer with a dangerous weapon. Prosecutors’ offer to Khater would require him to plead guilty to that charge. The offer expires on Aug. 17.
Tanios, of Morgantown, West Virginia, and Khater, of State College, Pennsylvania, weren’t charged in Sicknick’s death. But the case against them has been among the most prominent brought by the Justice Department, which is prosecuting hundreds of people for their conduct at the Capitol on Jan. 6.
Sicknick and other officers were standing guard behind metal bicycle racks as the mob of pro-Trump supporters stormed the Capitol. Prosecutors have said Khater sprayed Sicknick and other officers with bear spray after retrieving a canister from Tanios’ backpack.
Tanios’ attorneys have said he brought the chemical spray to Washington for self-defense at the “Stop the Steal” rally on Jan. 6. In a court filing last year, they said there was no evidence that Tanios and Khater planned to use the spray in “an ultra-coordinated attack” on police.
“Indeed, had Mr. Tanios been a violent member of a mob and a willing participant in a riot, he would have been running around spraying people himself. He never did because that was not the reason for his travel to Washington, D.C.,” they wrote.
Tanios pleaded guilty to two counts: entering and remaining in a restricted building or grounds and disorderly and disruptive conduct in a restricted building or grounds. Both are misdemeanors punishable by a maximum sentence of one year of imprisonment and a fine of up to $100,000.
Tanios isn’t accused of entering the Capitol on Jan. 6.
A trial for Khater is scheduled to start on Oct. 5.
Hogan had refused to free Tanios and Khater from jail before trial, calling them dangerous. The judge said Tanios “coordinated the direct assault” on Sicknick and two other officers.
“Mr. Khater did the spraying. Mr. Tanios did not, but he obviously worked with him on that despite (defense) counsel’s arguments,” Hogan said during a May 2021 hearing, according to a transcript.
But a federal appeals court ruled in August 2021 that Tanios could be released from pretrial detention. A three-judge panel concluded that Hogan erred in assessing the danger posed by Tanios, who didn’t have any felony convictions or ties to any extremist organizations.
Tanios operated a sandwich restaurant in Morgantown near West Virginia University’s campus. Khater told investigators that he drove from New Jersey to pick up Tanios in West Virginia before they traveled to Washington on the eve of the riot.
In a court filing last year, prosecutors said Tanios and Khater “carefully timed their assault on the officers to occur in tandem with an attack on the police barrier.”
“This allowed the defendants to assault the officers while they were distracted, maximizing their chances of landing chemical spray in their eyes and thus incapacitating them to the point where the police line would break,” they wrote.
More than 100 police officers were injured at the Capitol.
The medical examiner’s office concluded that a medical condition alone — not an injury — caused Sicknick’s death. U.S. Capitol Police said the medical examiner’s findings didn’t change the fact that Sicknick had died in the line of duty, “courageously defending Congress and the Capitol.”
“The attack on our officers, including Brian, was an attack on our democracy,” police officials said in a statement last year.
More than 840 people have been charged with federal crimes related to Jan. 6. Over 340 have pleaded guilty, mostly to misdemeanors, and over 200 have been sentenced. More than 260 people are charged with assaulting or impeding law enforcement during the riot, according to the Justice Department.
The longest prison sentence for a Capitol rioter so far is five years and three months.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/27/man-tied-officers-attack-during-capitol-riot-pleads-guilty-lesser-charges/ | 2022-07-27T20:31:19Z |
The three specialties initially under the broad umbrella of preventive medicine will now be recognized as distinct fields of practice – Public Health and General Preventive Medicine, Occupational and Environmental Medicine and Aerospace Medicine
WASHINGTON, June 29, 2022 /PRNewswire/ -- The American College of Preventive Medicine (ACPM) embraces the recent news from the Accreditation Council for Graduate Medical Education (ACGME) that Public Health and General Preventive Medicine will now be recognized as a distinct medical specialty.
This new designation firmly establishes Public Health and General Preventive Medicine (PH/GPM) as the ACGME-certified specialty for public health and preventive medicine physicians. Residency training programs for Public Health and General Preventive Medicine will follow independent curricula aligning with a more focused set of guidelines from ACGME for training the next generation of public health and preventive medicine physician specialists.
"This change represents a significant step toward clarifying the unique role in medicine that public health and preventive medicine physicians serve," said Dr. M. Tonette Krousel-Wood, MD, MSPH, FACPM, President of the American College of Preventive Medicine. " Previously "preventive medicine" was an umbrella for three core specialties and now we can amplify the specific role and training of preventive medicine in public health," added Dr. Krousel-Wood.
"The American College of Preventive Medicine is proud to be the professional home for all physicians practicing in public health and specifically those boarded in preventive medicine," said Donna Grande, CEO of the American College of Preventive Medicine. "We hope this adjustment will clarify the role of public health in preventive medicine and the impact physicians trained in this unique specialty can make in population health. The pandemic clearly paved a way for this important and timely announcement and we hope this eases the way for medical students and residents alike to select a career in public health and preventive medicine."
For more information about Public Health and General Preventive Medicine, visit ACPM online.
The American College of Preventive Medicine (ACPM) is a professional medical society of approximately 2,000 physicians dedicated to improving the health and quality of life of individuals, families, communities and populations through disease prevention and health promotion.
For more information, visit www.acpm.org
Contact: Drew Wallace, dwallace@acpm.org
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SOURCE American College of Preventive Medicine | https://www.wibw.com/prnewswire/2022/06/29/accreditation-council-graduate-medical-education-announces-specialty-designation-public-health-general-preventive-medicine/ | 2022-06-29T22:43:45Z |
CEDARHURST, N.Y., May 18, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Natera, Inc. (NasdaqGS: NTRA), if they purchased the Company's shares between February 26, 2020 and April 19, 2022, inclusive (the "Class Period"). Shareholders have until June 27, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nasdaqgs-ntra/https://kclasslaw.com/cases/securities/nyse-hmlp/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.mysuncoast.com/prnewswire/2022/05/19/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-natera-inc-ntra/ | 2022-05-19T03:09:25Z |
PITTSBURGH, June 17, 2022 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on June 28, 2022, of all of the outstanding Senior Notes due July 28, 2022, issued by PNC Bank, National Association in the amount of $750,000,000 (CUSIP 69353RFE3). The securities have a distribution rate of 2.450% and an original scheduled maturity date of July 28, 2022. The redemption price will be equal to $1,000 per $1,000 in principal amount, plus any accrued and unpaid distributions to the redemption date of June 28, 2022.
Payment of the redemption price will be made through the facilities of The Depository Trust Company.
The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management. For information about PNC, visit www.pnc.com.
CONTACTS:
MEDIA:
Marcey Zwiebel
(412) 762-4550
media.relations@pnc.com
INVESTORS:
Bryan Gill
(412) 768-4143
investor.relations@pnc.com
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SOURCE The PNC Financial Services Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/17/pnc-announces-redemption-2450-percent-senior-bank-notes-due-july-28-2022/ | 2022-06-17T13:04:17Z |
NEW ORLEANS, May 20, 2022 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until July 1, 2022 to file lead plaintiff applications in a securities class action lawsuit against Riskified Ltd. (the "Company") (NYSE: RSKD), if they purchased or acquired the Company's Class A common stock in or traceable to the Company's July 2021 initial public offering (the "IPO"). This action is pending in the United States District Court for the Southern District of New York.
Get Help
Riskified investors should visit us at https://claimsfiler.com/cases/nyse-rskd/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
Riskified and certain of its executives are charged with failing to disclose material information in its IPO Registration Statement, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that: (i) as the Company expanded its user base, the quality of the Company's machine learning platform had deteriorated (rather than improved as represented in the Registration Statement); (ii) the Company had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which the Company had limited experience, and that this expansion had negatively impacted the effectiveness of the Company's machine learning platform; (iii) the Company suffered from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) as a result of the foregoing, the Company's representations in its Registration Statement were materially false and misleading, and lacked a factual basis.
The case is Thomas v. Riskified Ltd., et al., No. 22-cv-03545.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler | https://www.mysuncoast.com/prnewswire/2022/05/21/riskified-shareholder-alert-claimsfiler-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-riskified-ltd-rskd/ | 2022-05-21T03:57:54Z |
Platform Enables Athletes And Artists To Take Control Of Their Brand, Value and Revenue With Direct Access To Fans; Already Used By A Deep Bench Of Top Athletes
SYDNEY, Sept. 7, 2022 /PRNewswire/ -- Immutable X, an industry-leading NFT minting and trading platform and the world's first Layer 2 rapid-scaling solution on Ethereum, today announced a partnership with Personal Corner, a platform that enables fans to purchase NFTs directly from star athletes and artists. Immutable's fast, gas-free and carbon neutral platform will power the Personal Corner marketplace to enable athletes to leverage web3 and increase revenue by selling NFTs in a direct-to-consumer model.
Founded in 2016 by NFL star Dez Bryant, Personal Corner was built by athletes for athletes, and offers a gamified experience that up-levels NFTs based on athlete's real-time game stats. The platform boasts a deep bench of sports stars that include Trevon Diggs, Von Miller, Maxx Crosby, Marquise "Hollywood" Brown, Matthew Judon, Justin Jefferson, Deandre Hopkins, Darius Slay, Marlon Humphrey, Joe Haden, Ahmad "Sauce" Gardner and more, in addition to numerous NCAA stars.
Using Personal Corner, sports fans, NFT enthusiasts, sports gaming fans and fantasy sports players will have direct access to digital and physical items, including memorabilia, IRL experiences, merchandise and more, delivered from their favorite athletes. At the same time, Personal Corner delivers its athletes and artists educational resources to help them best manage their brands and optimize the financial opportunities available to them.
"Personal Corner aims to be the go-to source for athletes and artists in web 3 who want to manage their personal brands and fully capitalize on the value of their content," said Dez Bryant. "For too long, the balance of power and significant revenue opportunity has been with social media platforms that capitalize on the value of athletes, artists and other content providers. This changes today thanks to our partnership with Immutable, and our ability to leverage its innovative, industry-leading platform that helps forge direct-to-fan relationships."
"Immutable is hyper-focused on bringing millions of consumers to web3, and we're excited that our new partnership will empower Personal Corner to onboard the next million sports and entertainment fans," said Robbie Ferguson, Co-Founder of Immutable. "We look forward to offering sports fans a seamless end-to-end NFT experience, enabling them to easily create wallets, purchase NFTs and trade gas-free on the Personal Corner marketplace."
Immutable is the fastest Australian company to reach unicorn status — earlier this year, Immutable announced a $200 million series C fundraising round led by Temasek, and included Tencent and Animoca Brands. The company is valued at $2.5 billion and plans to use the funds to help drive its global expansion.
To learn more about Immutable visit: https://www.immutable.com/
For information on career opportunities at Immutable: https://www.immutable.com/careers/
You can find Immutable on social media: LinkedIn, Twitter, Medium, Discord Instagram
Immutable is a global blockchain technology company with a mission to bring asset ownership and commerce alive in digital worlds through the power of immutable NFTs. The Immutable Group consists of Ethereum-scaling Layer 2 platform Immutable X and Immutable Games Studio with leading titles Gods Unchained and Guild of Guardians.
Immutable is advancing the next generation of web3 games through Immutable X. Leveraging ZK roll-up technology from Starkware, Immutable X has grown to become the leading platform to mint, trade and scale web3 games and NFT projects on Ethereum, offering builders and innovators a carbon-free, no gas fee solution with unlimited speed, scalability, security, and liquidity. Immutable X is the platform of choice for world-class web3 games such as Guild of Guardians, Illuvium, Embersword, Planet Quest and many more.
Personal Corner was established in 2016 to provide solutions for athletes and influencers in building personal brands in both the physical and digital space. Built by athletes for athletes, the team imagined a one stop platform to help those in need of elevating their brand and connecting with their fanbase in a simplified way. With the use of innovative technology and progressive ideation, Personal Corner provides just that. Personal Corner aims to position itself as the go to unified marketplace for all personally branded items both physical and digital to the largest names of influence in sports, entertainment, music, artistry and more.
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SOURCE Immutable | https://www.mysuncoast.com/prnewswire/2022/09/07/dez-bryants-personal-corner-partners-with-immutable-x-leverage-web3-power-athlete-to-fan-nft-platform/ | 2022-09-07T19:26:32Z |
DETROIT, July 22, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss second quarter and other related matters at 10:00 a.m. ET on Friday, August 5. A press release announcing the results will be issued before the market opens on the same day and will be available at www.aam.com.
To participate by phone, please dial:
(877) 883-0383 from the United States
(412) 902-6506 from outside the United States
Callers should reference access code 0706393.
To participate by live audio webcast or listen to the briefing following the call, visit investor.aam.com. A replay will be available one hour after the call is complete until August 12. To listen to the replay please dial:
(877) 344-7529 from the United States
(412) 317-0088 from outside the United States
When prompted, callers should enter replay access code 2211523. The audio replay will also be archived on AAM's website for one year.
About AAM:
As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with nearly 80 facilities in 17 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow.
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SOURCE American Axle & Manufacturing Holdings, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/22/aam-announce-second-quarter-financial-results-august-5/ | 2022-07-22T12:51:45Z |
Within the framework of the free trade agreement between Canada, Mexico, and the United States (CUSMA, T-MEC, USMCA) and the Environmental Cooperation Agreement, the environment ministers of Canada, Mexico and the United States convened for the 29th Council Session of the Commission for Environmental Cooperation.
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MÉRIDA, Mexico, July 15, 2022 /PRNewswire/ - We, the Environment Ministers of Canada, Mexico and the United States, met today for the annual Council Session of the Commission for Environmental Cooperation (CEC) in Mérida, Yucatán. The Council addressed many of the most pressing environmental challenges facing North America's communities, particularly vulnerable communities and Indigenous Peoples.
This year's CEC Council Session builds on the November 2021 North American Leaders Summit, in which President López Obrador, President Biden, and Prime Minister Trudeau highlighted the role of the CEC in developing a North American Climate Adaptation Workplan.
We committed to building on the progress of the CEC's successful grant programs. Through 25 grants valued at more than US$3 million, the CEC is supporting climate resilience and COVID-19 recovery at the community level. With the Environmental Justice and Climate Resilience (EJ4Climate) and the North American Partnership for Environmental Community Action (NAPECA) grant programs, we are taking action for a healthier environment and building back a prosperous and equitable economy for all.
We expressed a shared commitment to working to empower our citizens with effective solutions for a sustainable future, especially for an equitable recovery from the COVID-19 pandemic.
In particular, we support action to preserve the knowledge and practices of Indigenous Peoples and local communities as part of our trilateral model and regional approach to environmental collaboration.
Our shared vision to lead the way in promoting complementary regional environmental and trade policies rests on our unwavering commitment to sustainable development and environmental justice and equity. Through the CEC, we will continue to drive an ambitious agenda that promotes awareness and participation in environmental governance and stewardship, mobilizes collective action, and facilitates the inclusion of a diverse network of stakeholders and partners.
This year's theme for the 2022 Council Session, "Community-led Environmental Education for Sustainable Development," focused on activities from across North America that support an understanding and awareness of key environmental concerns, from the perspective of communities directly impacted and working to develop and share best practices for adapting to a changing climate. The significance of this theme is timely, as it promotes the development of local and context-specific strategies as well as an international cooperative approach for managing and responding to environmental and socio-economic risks across the whole of society.
This year's Council Session addressed several topics supporting the development of community-led projects and initiatives. Our exchange with the Joint Public Advisory Committee, the Traditional Ecological Knowledge Expert Group (TEKEG) and the CEC Secretariat, led to a constructive discussion of immediate priorities and pressing needs, including opportunities ranging from specific, innovative and nature-based solutions, to the improved use of traditional and local knowledge, including the incorporation of Indigenous perspectives.
As part of the Council Session, we were pleased to benefit from the two open public forums, which provided an invaluable space for sharing information with the public, and an opportunity for questions, comments, and suggestions from the public on the CEC's trilateral work. This year's Session included both in-person and virtual attendance, with broad representation of diverse groups of interested individuals and stakeholders from across North America.
Specifically, as part of the Council Session we:
- Announced an additional US$2 million to launch a new cycle of the EJ4Climate grant program that will focus on projects supporting environmental education to build resilience to climate change. The EJ4Climate grant program supports underserved and vulnerable communities, and Indigenous communities, in Canada, Mexico, and the United States to prepare for climate-related impacts;
- Announced a C$750,000 initiative to undertake work to support enhanced uptake of circular economy approaches with sustainable production and consumption patterns in North America;
- Announced a large-scale and multi-year initiative totalling C$1 million to strengthen community resilience to climate change;
- Contributed C$300,000 to support a JPAC-led initiative that will raise awareness in the three countries to advance sustainable forestry and responsible consumption of wood products;
- Endorsed a C$300,000 TEKEG-led initiative to address threats to food security by increasing our understanding of traditional Indigenous practices and knowledge related to food systems;
- Engaged with the winners of the 2022 CEC Youth Innovation Challenge from Canada, Mexico and the United States on their innovative and tangible solutions to assist communities in their recovery from the COVID-19 pandemic. We were impressed with their skill, dedication, and vision; and
- Reviewed the progress made under the ongoing CEC Operational Plan and the projects we endorsed last year.
"The Government of Mexico has put forth concrete measures to realize environmental and social justice for all Mexicans, and we are convinced that the trilateral work propelled by the CEC will add to efforts to ensure the welfare of the sectors that are the poorest and most vulnerable to climate change in North America."—María Luisa Albores González, Mexico's Secretary of Environment and Natural Resources
"Strong environmental cooperation among our three countries has never been more important. The impacts of climate change, from flooding to coastal erosion, dangerous heatwaves and wildfires pose a real threat to our health, safety and economic security. I am pleased to see that all parties are committed to ensuring that international environmental cooperation remains a top priority. I thank the other members in the CEC Council for supporting community-led solutions and working to advance sustainable development as we face these environmental challenges together."—The Honourable Steven Guilbeault, Minister of Environment and Climate Change
"Advancing environmental justice and equity is vital for addressing the climate crisis both at home and abroad, and I am proud that the CEC is centering community engagement as part of our environmental agenda. The way to create long-term, sustainable solutions for our shared environmental challenges is from the ground up. I am committed to working hand in hand with communities, young people who are demonstrating incredible innovation, and our North American partners, to build a healthier, more equitable future for all people."—Unted States EPA Administrator Michael S. Regan
Building on our strengths and longstanding tradition of facilitating cooperation and promoting public participation, we will strengthen our resolve to modernize and enhance the effectiveness of our regional efforts. We will strive to expand our collaboration by promoting awareness of issues of common concern as well as solutions for a more sustainable future, by sharing knowledge in support of evidence-based decision-making, and by contributing to building capacity in communities across North America.
We affirm the urgent need to tackle the devastating effects that climate change poses on the well-being of our communities. We emphasize the unequivocal threat of this crisis, ranging from extreme weather events, such as floods, wildfires, and drought, to the implications for our food systems, for our continent's biodiversity, and for vulnerable and underserved communities, which all have lasting environmental, economic, and societal impacts.
We underline the importance of promoting collective action, including in relation to innovation and green growth, to ensure clean air, land, and water for present and future generations, and to protect our ecosystems and the rich flora and fauna found in our shared environment.
The path to a healthier environment and meaningful progress toward sustainable development in our region depends on our collective determination to succeed, as well as on the persistence to find and promote solutions that protect the environment, support the sustainable use and conservation of our natural resources, and maximize the socio-economic benefits from empowering our communities.
As we prepare to welcome a new Executive Director for the CEC, we extend our thanks to Mr. Richard A. Morgan for his valuable service and contributions to the CEC mission during his three-year tenure as the CEC Executive Director. We take this opportunity to express our sincere appreciation for his leadership, vision, and tireless work on behalf the CEC.
We greatly look forward to our continuing work on regional environmental cooperation and meeting together next year at the CEC's Council Session in British Columbia, Canada.
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SOURCE Commission for Environmental Cooperation | https://www.wibw.com/prnewswire/2022/07/16/2022-cec-ministerial-statement-north-american-environment-ministers-launch-ambitious-agenda-environmental-cooperation/ | 2022-07-16T04:41:13Z |
Conference Call Scheduled for Wednesday, July 27 at 4:30 p.m. Eastern Time
SAN DIEGO, July 20, 2022 /PRNewswire/ -- Viking Therapeutics, Inc. ("Viking") (NASDAQ: VKTX), a clinical-stage biopharmaceutical company focused on the development of novel therapies for metabolic and endocrine disorders, announced today that the company will release financial results for the second quarter 2022, after the market close on Wednesday, July 27, 2022.
The company will host a conference call to discuss financial results and general corporate updates beginning at 4:30 p.m. Eastern Time on Wednesday, July 27, 2022. To participate on the conference call, please dial (844) 850-0543 from the U.S. or (412) 317-5199 from outside the U.S. In addition, following the completion of the call, a telephone replay will be accessible until August 3, 2022 by dialing (877) 344-7529 from the U.S. or (412) 317-0088 from outside the U.S. and entering replay access code #5552495. Those interested in listening to the conference call live via the internet may do so by visiting the Webcasts page of Viking's website at http://ir.vikingtherapeutics.com/webcasts. An archive of the webcast will also be available on the Webcasts page of the company's website for 30 days.
About Viking Therapeutics, Inc.
Viking Therapeutics is a clinical-stage biopharmaceutical company focused on the development of novel first-in-class or best-in-class therapies for the treatment of metabolic and endocrine disorders. Viking's research and development activities leverage its expertise in metabolism to develop innovative therapeutics designed to improve patients' lives. The company's clinical programs include VK2809, a novel, orally available, small molecule selective thyroid hormone receptor beta agonist for the treatment of lipid and metabolic disorders, which is currently being evaluated in a Phase 2b study for the treatment of biopsy-confirmed non-alcoholic steatohepatitis (NASH) and fibrosis. In a Phase 2a trial for the treatment of non-alcoholic fatty liver disease (NAFLD) and elevated LDL-C, patients who received VK2809 demonstrated statistically significant reductions in LDL-C and liver fat content compared with patients who received placebo. The company is also developing VK2735, a novel dual agonist of the glucagon-like peptide 1 (GLP-1) and glucose-dependent insulinotropic polypeptide (GIP) receptors for the potential treatment of various metabolic disorders. VK2735 is currently being evaluated in a Phase 1 clinical trial. The company's third clinical compound is VK0214, a novel, orally available, small molecule selective thyroid hormone receptor beta agonist for the potential treatment of X-linked adrenoleukodystrophy (X-ALD). VK0214 is currently being evaluated in a Phase 1b clinical trial in patients with the adrenomyeloneuropathy (AMN) form of X-ALD. The company holds exclusive worldwide rights to a portfolio of five therapeutic programs, including VK2809 and VK0214, which are based on small molecules licensed from Ligand Pharmaceuticals Incorporated.
For more information about Viking Therapeutics, please visit www.vikingtherapeutics.com. Follow Viking on Twitter @Viking_VKTX.
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SOURCE Viking Therapeutics, Inc. | https://www.wibw.com/prnewswire/2022/07/20/viking-therapeutics-report-financial-results-second-quarter-2022-july-27-2022/ | 2022-07-20T21:44:40Z |
NEW YORK, April 13, 2022 /PRNewswire/ -- Northwestern Mutual announced today that nearly 15 of the company's wealth advisors are among New York's elite according to a new "Best-In-State" ranking from Forbes. The prestigious list – comprised of high-performing financial services professionals – is based on a variety of factors including revenue produced, assets under management, compliance records and industry experience, among others.
Honorees are nominated by their firms, and each advisor is thoroughly vetted, interviewed, and assigned a ranking by SHOOK Research. Forbes receives more than 30,000 applicants for this annual ranking, and only a small percentage are named among the best wealth advisors in their state. Over 100 of the honorees are Northwestern Mutual advisors from around the country – the company's best-ever showing on the annual ranking.
The New York-based Northwestern Mutual advisors recognized in Forbes' 2022 Best-In-State ranking include:
- Bradley Bedell, New York, N.Y
- Louis Cannataro, New York, N.Y.
- Jim DiNardo, New York, N.Y.
- Benjamin Feldman, New York, N.Y.
- Robert Kilroy, Melville, N.Y.
- Brian Mayeu, Pittsford, N.Y.
- William Newman, Albany, N.Y.
- John Reynolds, Melville, N.Y.
- Stephen Schwartz, New York, N.Y.
- Joseph Small, Poughkeepsie, N.Y.
- Steven Tennant, Ballston Lake, N.Y.
- Peter Tiboris, New York, N.Y.
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 $570 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 90 on the 2021 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/2022/04/13/northwestern-mutual-wealth-advisors-named-best-in-state-by-forbes/ | 2022-04-13T18:36:45Z |
- Geek+'s latest system integrator partnership with Systemex Automation will accelerate the adoption of automated warehouse robotics solutions across North America
SAN DIEGO, July 12, 2022 /PRNewswire/ -- Geek+, the global leader in autonomous mobile robot (AMR) technology, is pleased to announce it has entered into a stategic partnership with Systemex Automation, a leading Canadian systems integrator. Through the partnership, Systemex Automation will offer its customers Geek+'s full portfolio of Picking, Moving, Sorting and Storage/ASRS AMR solutions.
Randy Randolph, Geek+ Americas VP of Channels and Partnerships, said: "We are delighted to ally with Systemex Automation as their first AMR partner in North America. This is another milestone in our expansion in the Americas, continuing our strategy of working with trusted partners to scale our deployments and offer customers the flexible automation solutions they need to achieve their goals."
Serge Tousignant, President of Systemex Automation, commented: "We are excited to partner with Geek+ to complement our growth strategy in the automated warehouse operations for the Canadian and U.S. markets. We're convinced that Geek+'s wide range and versatile AMR solutions combined with Systemex Automation's integration capabilities in the automation industry for manufacturers, distributors and retailers is a win-win formula. It will enable us to offer our customers the best value and most flexible automation solutions on the market."
The agreement with Systemex Automation comes hot on the heels of a series of innovative new additions to Geek+'s multitude of AMR solutions, including its latest goods-to-person solution, PopPick, which made its North American debut at Modex 2022, as well as Sky-Storage & Ground-Pick, which combines four-way shuttles for reserve pallet storage with Geek+'s P-series picking robots for forward picking.
With Geek+'s full suite of AMR technology at its disposal, Systemex Automation can provide to its wide range of customers in manufacturing, retail, and distribution the latest cutting-edge automation technology that augments not only the logistics processes, but also improves operational efficiency, lowers costs and addresses the current labor shortage challenges.
About Geek+
Geek+ is a global technology company leading the intelligent logistics revolution. We apply advanced robotics and AI technologies to realize flexible, reliable, and highly efficient solutions for warehouses and supply chain management. Geek+ is trusted by over 500 global industry leaders and has been recognized as the world leader in autonomous mobile robots. Founded in 2015, Geek+ has over 1500 employees, with offices in the United States, the United Kingdom, Germany, Japan, South Korea, Mainland China, Hong Kong SAR, and Singapore.
For more information, please visit: https://www.geekplus.com/
About Systemex Automation
Systemex Automation, with its head office in Laval, Quebec, Canada and with employees across the US and Canada, is a firm specializing in engineering, manufacturing and integration of automated production systems. The Company provides innovative technological solutions to a wide range of clients in the fields of warehousing, logistics, and manufacturing within multiple industrial sectors through its team of qualified experts in automation, robotics, AMR/AGVs, and vision systems.
For more information, visit Systemex Automation's website: http://www.systemexautomation.com/
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SOURCE Geek+ | https://www.kxii.com/prnewswire/2022/07/12/geek-systemex-automation-sign-partnership-expand-autonomous-mobile-robot-deployments-north-america/ | 2022-07-12T14:13:39Z |
SAN DIEGO, Aug. 11, 2022 /PRNewswire/ -- One America News Network ("OAN"), a 24/7 source of credible national and international news announced today that the network is now available in Spain through a partnership with Tivify, a leading streaming platform that offers both free and premium channel options along with a suite of advanced features to its users across the country.
On the heels of a recent launch with NetRange to further expand its CTV footprint globally, OAN now reaches more than 30 countries with its primary and FAST channel feeds. In Spain, where the Tivify monthly active users are projected to triple by the end of 2023, OAN Plus will continue to offer its global news perspective and join AWE Plus, a second entertainment channel owned by Herring Networks, on the platform.
"We have put a strong focus on continuing to reach new audiences for our content outside of the U.S. and we've seen our mature channel brands clearly resonate in many countries" said Alex Kopacz, EVP, Content Distribution and Strategy at OAN. "We've been very impressed with the features and functionality of the Tivify platform and feel that it is uniquely positioned as a leading streaming service in Spain"
Tivify was developed by the Spanish technology company TV UP Media Telecom with offices in Barcelona, Madrid and Santiago de Chile. Tivify is available on any device with multiple channel plans and advanced recommendation technology which allows its users to enjoy the latest generation television experience.
One America News Network, ("OAN"), which launched on July 4, 2013, provides an independent source of credible national and international news around the clock. The network operates news bureaus in Washington, D.C., California, New York, and Florida. In addition, the network utilizes numerous external newsgathering sources, including US Pool feeds. OAN produces eighteen hours of live news every weekday. In addition, the network features four weekday primetime political talk shows, namely REAL AMERICA with Dan Ball, IN FOCUS, TIPPING POINT with Kara McKinney, and THE REAL STORY. OAN is featured on over a hundred cable and video providers worldwide. In addition, the OAN LIVE app is available on your favorite connected devices. For more information, please visit www.oann.com.
For more information, contact:
Ryan Clitchley, Press Contact
Herring Networks, Inc.
Phone: 858-270-6900 x 105
press@oann.com
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SOURCE Herring Networks, Inc., dba One America News Network | https://www.mysuncoast.com/prnewswire/2022/08/11/oan-enters-spain-through-tivify-partnership/ | 2022-08-11T18:54:12Z |
- Can-Am reveals the Can-Am Origin, a dual-purpose motorcycle as capable off-road as it is on-road, and the Can-Am Pulse, the perfect motorcycle for rides in and out of the city.
- Sea-Doo elevates the watersports industry with an all-new electric hydrofoil board, the Sea-Doo Rise.
VALCOURT, QC, Aug. 7, 2022 /PRNewswire/ - BRP Inc. (TSX:DOO) (NASDAQ:DOOO) is proud to announce that, in addition to working on electrifying its existing product lines, it is seizing opportunities to enter new markets with game-changing electric products. Today, BRP unveils the first two models of its Can-Am all-electric motorcycle lineup, the Can-Am Origin and Can-Am Pulse. Building on its motorcycle legacy, BRP is changing the power dynamic and opening the road to a new generation of riders and electric vehicle enthusiasts. What's more, BRP is announcing a completely new electric hydrofoil board bearing the Sea-Doo signature – the Sea-Doo Rise. All three products will be available in mid-2024.
"Today, our story of innovation reaches new heights with the reveal of market-shaping electric products that will enhance consumer experience on the road and on the water, " said José Boisjoli, President and CEO of BRP. "Half a century ago, Can-Am roared to victory on the track and the trail, and today, a new legacy begins. With the Can-Am Origin and Can-Am Pulse, the first two models of our electric 2-wheel family, we are gearing up to reclaim our motorcycle heritage by crafting thrilling riding experiences for a whole new generation."
Mr. Boisjoli added: "With the Sea-Doo Rise, BRP is leveraging its expertise to address an untapped market category and further position the company for future growth. We have set out to be the key actor in growing and democratizing the hydrofoiling watersport industry. In true BRP fashion, we designed a product that is easy to use and adaptable for all skill levels, making it accessible for all those seeking to rise above the water."
The Can-Am Origin is a tribute to Can-Am's Track n' Trail heritage. This dual-purpose model is designed to bring new exhilaration to both the street and the trail for a more modern multi-terrain experience. The Can-Am Pulse is a balanced and agile motorcycle designed to immerse riders in the energy of the city and transform their daily commute into an electric joyride. Both models feature stunning, modern design, built to showcase state-of-the art technology, like the high-performance LED headlamp, a unique visual signature. Both models are also easier to use and to ride, for novices and seasoned riders alike. Without any need for a standard clutch and transmission, riders can just twist the throttle and go. Consumers will also appreciate the near-silent and vibration-free experience, as well as the smooth and precise power delivery even in tight, low speed situations.
While each model has its own distinct design, ergonomics and capabilities to satisfy different needs, both are powered by the all-new Rotax E-POWER technology, yielding highway-worthy speeds with plenty of horsepower and torque.
BRP plans on revealing full specs in August 2023, just in time to celebrate Can-Am's 50th anniversary. In the meantime, consumers can join the community and be the first to know when the future of motorcycle riding is ready to hit the road by visiting canammotorcycle.com.
For over 50 years, Sea-Doo has been transforming the personal watercraft industry, and more recently, the pontoon category. Today, the iconic brand sets out to democratize hydrofoiling. Offering different experiences and providing a variety of surfing positions for all skill levels, this new electric hydrofoil board is perfect for the entire family and for those seeking to rise above the water and enjoy a more athletic Sea-Doo Life.
The Sea-Doo Rise is one of its kind, cleverly designed with innovative and dynamic features that transform the board as riders gain experience over time. Those who are new to hydrofoiling can choose to ride on the water without foiling, or to partially or fully deploy the wing when they are ready to foil above water. Very accessible, simple to use and easy to charge, the all-electric Sea-Doo Rise will provide peace of mind by minimizing worries and maximizing fun on the water!
Full specs are expected to be revealed in August 2023. To stay informed on Sea-Doo Rise news, visit the Sea-Doo website.
Certain information included in this release, including, but not limited to, statements relating to BRP's intention to launch new product lines, to the dates of such products' introductions on the market and availability of their respective specifications, to the effect they will have on consumers' experience, to the impact they will have on BRP's future growth, about the Company's current and future business and strategic plans, and other statements that are not historical facts, are "forward-looking statements" within the meaning of Canadian and United States securities laws. Forward-looking statements are typically identified by the use of terminology such as "may", "will", "would", "should", "could", "expects", "forecasts", "plans", "intends", "trends", "indications", "anticipates", "believes", "estimates", "outlook", "predicts", "projects", "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases. Forward looking statements, by their very nature, involve inherent risks and uncertainties and are based on several assumptions, both general and specific. BRP cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results or performance of BRP to be materially different from the outlook or any future results or performance implied by such statements. Further details and descriptions of these and other factors are disclosed in BRP's annual information form dated March 24, 2022.
We are a global leader in the world of powersports products, propulsion systems and boats built on 80 years of ingenuity and intensive consumer focus. Our portfolio of industry-leading and distinctive products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Alumacraft and Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft. We complete our lines of products with a dedicated parts, accessories and apparel portfolio to fully enhance the riding experience. With annual sales of CA$7.6 billion from over 120 countries, our global workforce includes close to 20,000 driven, resourceful people.
Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Alumacraft, Manitou, Quintrex, and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.
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SOURCE BRP Inc. | https://www.wibw.com/prnewswire/2022/08/08/brp-pushes-forward-with-ev-plan-revealing-all-electric-can-am-motorcycles-all-new-electric-sea-doo-hydrofoil/ | 2022-08-08T04:33:56Z |
~The Bahamas' Most Famous Resort Raises the Bar Again with Multimillion-Dollar Upgrades and Bold Names in Lifestyle~
PARADISE ISLAND, Bahamas, April 20, 2022 /PRNewswire/ -- Atlantis Paradise Island is going bigger and bolder in 2022 by announcing multimillion-dollar renovations and exciting new partnerships at the iconic resort located on five miles of white sand beaches in The Bahamas. For nearly 25 years, Atlantis, best known for exuding Bahamian culture, serving as a marvel and custodian of marine life, and its landmark pink architecture – specifically the highly recognizable Royal Towers and Bridge Suite - has paved the way for luxury, hospitality and entertainment in the Caribbean and around the world. Now the resort is raising the bar even higher by embarking upon a new chapter with an array of massive upgrades and striking enhancements that include the redevelopment of The Beach Tower and all Royal Tower guestrooms and suites, a reimagined Atlantis Casino, and the addition of another Michelin-starred chef to its already impressive dining roster.
Stunning accommodations, innovative cuisine, and dynamic experiences travelers will experience from Atlantis Paradise Island, the most famed and fantastical island destination.
EVOCATIVE CUISINE
Caribbean's premier culinary destination
- Chef Michael White, the multi-starred New York Times and Michelin recognized Italian chef, and former chef/owner of prominent dining destinations Convivio, Alto, Ai Fiori and Marea in New York City, will join Nobu Matsuhisa and José Andrés, making Atlantis the only resort in the region to boast three Michelin star-rated chefs. The four-time James Beard Award nominee will serve modern coastal Italian cuisine at his latest outpost, Paranza at The Cove, expected to open this year.
- Pita, a Mediterranean-style beachside concession situated near Atlantis' renowned Aquaventure, offers homemade shawarma, falafel, chilled bites, dips, salads, and desserts- an ideal spot to satisfy all-day cravings.
VIP-LEVEL ACCOMMODATIONS
Blending Bahamian hospitality and comfort with superior design
- Renovation of all guestrooms and suites in The Royal East Tower will be complete by summer 2022, closely followed by newly renovated rooms and suites in The Royal West Tower. Design elements celebrate the natural seascape of aquamarine waters, white-sand beaches, and coral reefs to inspire a soothing environment where guests can relax and unwind.
- The Royal's world-famous Bridge Suite is on track for total renovation and completion next year. The epitome of relaxed luxury on a grand scale, the design elements will include bold, organic, rich and opulent textures and details that reflect the legend of Atlantis and its oceanic design motif found throughout the resort. Gold finishes will remind guests of found treasures of the lost city of Atlantis.
- Looking beyond 2022, in partnership with David Grutman of Groot Hospitality, Atlantis will open a brand-new "oasis within an oasis," resort dubbed Somewhere Else. Replacing the current site of The Beach Tower, this unique oceanfront escape, opening in 2024, will offer 400 guestrooms and suites alongside top-tier dining venues, lushly landscaped grounds, multiple pools, recreation areas, upscale amenities, and live performances—all within easy reach of the myriad of dining and entertainment options synonymous with Atlantis.
A WORLD-CLASS WONDERLAND
Fostering fun and leisure with experiential moments
- The Atlantis Casino will undergo a refresh that will include modern finishes, shimmering textures, celestial fixtures, and flowing lines echoing the refractions of the sea. Upon entering the Atlantis Casino, guests will be welcomed with a grander and even more elegant sense of space. Other updates will include the expansion of the Atlantis Casino's two on-site lounges, an exciting high-limit slots lounge, and an expansion of the exclusive gaming salon.
- The Cove, the resort's luxury all-suite hotel, recently debuted the Lapis Club Lounge offering breathtaking views of Paradise Island, daily breakfast, hors d'oeuvres, and a full-service bar. The hotel also introduced Sapphire Services, new bespoke concierge offerings, including bookable experiences such as intimate beach dinners, exclusive programming at the resort's 14-acre marine mammal habitat - Dolphin Cay, and private cabanas. The ever-popular adults-only Cove Pool will also undergo a refresh.
- Splashers, the pool and water playground for Atlantis's youngest guests, will be adding thrilling slides, climbing areas, and more later this year.
- Atlantis Blue Project Foundation (ABPF), the resort's nonprofit and conservation organization, celebrates its 15th anniversary. Since its inception in 2007, the foundation has been a longstanding environmental leader in The Bahamas, creating coral nurseries to propagate corals, cultivating and donating hundreds of mangroves each year to help restore wetlands around The Bahamas, educating the local community about ocean conservation and more.
"We could not be more excited for all of the developments coming to Atlantis this year," said Audrey Oswell, President and Managing Director of Atlantis Paradise Island. "With these incredible additions, we are continuing Atlantis' legacy of offering guests endless, immersive experiences during their stay."
About Atlantis Paradise Island:
Atlantis Paradise Island, a lush, oceanside resort located on Paradise Island in The Bahamas, is a dynamic destination that launched over 25 years ago as a first-of-its-kind modern marvel of nature and engineering. Bahamian culture and the spirit of its beloved team members are the heart and soul of this legendary resort. The immersive programming connects guests to the rich history, art, people, food, and festivities of The Bahamas while remaining dedicated to sustainability and environmental conservation.
Atlantis features five unique lodging options: the grand iconic towers of The Royal, family-friendly accommodations at The Coral, water-side villas at Harborside Resort, all-suite luxury accommodations at The Cove, and residential-style accommodations with full kitchens at The Reef. The resort is centered around Aquaventure, an innovative, 141-acre waterscape of thrilling slides and river rides, eleven pools, and five miles of white sand beaches. Home to the largest open-air marine habitat in the world, over 50,000 marine animals from 250 species make their home in natural ocean-fed environments. With its unparalleled meeting and convention space, the well-appointed Atlantis Marina with 63 slips hosting vessels up to 250 feet/76 meters overlooking Marina Village and more, the Atlantis experiences are endless and unique to each traveler. Additional resort amenities include the 30,000 sq ft tranquil Mandara Spa, state-of-the-art fitness center and wellness programs, outdoor tennis and basketball courts, a 400-seat movie theatre, Atlantis Kids Adventures (AKA) for children ages 3-12, gaming arcade and CRUSH, a nightclub for teens. Jokers Comedy and Night Club offers nightly entertainment and live music. The resort is also home to an award-winning 18-hole golf course designed by Tom Weiskopf, renowned Atlantis Casino, duty-free shopping, and restaurants and lounges with celebrity chef culinary masterpieces, including Fish by José Andrés, Nobu, by Nobu Matsuhisa, and Olives, by Todd English. Guests of Atlantis Paradise Island have exclusive access to unforgettable excursions led by local partners including Pieces of 8 boat tours, Tropic Ocean Airways and Coco Bahama Seaplanes. Day trips to The Bahamas' out islands of Exuma and Eleuthera to swim with pigs and nurse sharks or feed iguanas in their natural habitats are a few of many #BahamasAtHeart itineraries travelers can discover.
Atlantis has committed to a meaningful connection with the ocean, marine life, sustainability, and environmental stewardship through its purpose-led efforts with Dolphin Cay and the Atlantis Blue Project Foundation (ABPF). Dolphin Cay, the resort's 14-acre marine mammal habitat, is an advanced marine education center and animal rescue rehabilitation hospital whose first residents include 17 rescue dolphins from Hurricane Katrina. Visitors to Dolphin Cay, one of the world's largest and most sophisticated marine-mammal habitats in the world, can participate in creative, non-disruptive "interactions" that build real awareness, stir emotion, and help fund the resort's conservation efforts. Every visit to Dolphin Cay and each Atlantis Marine Adventure, such as snorkeling and SCUBA diving, benefits ABPF, the resort's nonprofit 501©3 organization dedicated to saving sea species and their extraordinary habitats throughout The Bahamas and surrounding Caribbean seas. Atlantis Paradise Island offers a variety of unforgettable excursions with local partners including Pieces of 8, which offers day trip trips to Exuma and Eleuthera to swim with pigs and nurse sharks or feed iguanas in the wild, and Coco Bahamas Air to help visitors explore the destination.
About The Cove, Atlantis Paradise Island
The Cove, Atlantis Paradise Island's luxury hotel, is nestled along a protected cove between two private white sand beaches. The Cove offers 600 elegant suites with balconies, floor-to-ceiling ocean views, and impeccable butler service. The adults-only Cove Pool features 20 private beach cabanas with Bahamian-inspired art and design. Guests can enjoy outdoor gaming at the pool, indoor gaming at Sea Glass Lounge, exceptional cuisine at FISH by the world-renowned and Michelin star Chef José Andrés and authentic Bahamian cuisine at Sip Sip by celebrated Bahamian Chef Julie Lightbourn, as well as shopping at Escape Boutique. The Cove recently announced an exclusive partnership with niLuu to create vegan silk mini-kimono robes in the hotel's signature plum color available exclusively for VIP guests of The Cove and for purchase at Escape boutique. The Cove recently debuted the reimagined Lapis which offers private access to daily breakfast, hors d'oeuvres, a full bar, and breathtaking views of Paradise Island to guests staying in select suites. There is also a dedicated concierge on site to assist with reservations.
Enhancing the luxury experience and white-glove services offered by The Cove, the Sapphire Services program provides bespoke, exclusive concierge services to guests. From private dinners and VIP programming at Dolphin Cay to collaborations with high-end brands and private jet and yacht charters, this new program will elevate the exclusivity of the elegant retreat, adding an experiential element to the high-end amenities already offered.
Visitors staying at The Cove also have access to Atlantis' Aquaventure with its various slides, lazy rivers and pools, Atlantis Casino, five miles of pristine beaches, diverse dining, spa, golf, shopping, and more. For more information and reservations please visit: coveatlantis.com or call 888-497-5997.
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SOURCE Atlantis Paradise Island | https://www.wibw.com/prnewswire/2022/04/20/atlantis-paradise-island-announces-groundbreaking-enhancements-2022-beyond/ | 2022-04-20T20:31:06Z |
The General Partner Fund Launches with $65 Million As Hoffman & Associates Continues to Grow Its Real Estate Portfolio Across the Mid-Atlantic and Southeast
WASHINGTON, Aug. 8, 2022 /PRNewswire/ -- Today, Hoffman & Associates, a leading developer of innovative mixed-use and residential communities across the Mid-Atlantic and Southeast, including the $3.6 billion Washington, D.C. waterfront neighborhood The Wharf, announced that it closed on its first real estate private equity fund. The Hoffman & Associates General Partner Fund, a $65 million investment vehicle, will predominantly target development projects including early-stage initiatives currently led by the company.
With 30 years of experience and 6.5 million square feet in development and construction, Hoffman & Associates is steadily growing with a variety of projects that are shaping cityscapes and neighborhoods across the Mid-Atlantic and Southeast. The fund gives the company an advantage in expanding its growing pipeline, acting quickly on future opportunities.
"Hoffman & Associates is expanding our portfolio. As The Wharf comes to completion, and our presence in Northern Virginia and North Carolina continues to grow with market demand and projects such as West Falls, Waterfront Station II, 4600 Fairfax Drive, Seaboard Station and RUS Bus, our company anticipates many more opportunities. The Hoffman & Associates General Partner Fund will be instrumental in continuing our company's exciting future," said Monty Hoffman, Founder and Chairman of Hoffman & Associates.
"We are honored to be able to announce The Hoffman & Associates General Partner Fund as it continues to showcase our investors' confidence in our team and our innovative, community-minded approach to development," said Jon McAvoy, Hoffman & Associates' Chief Investment Officer. "The Fund builds on our three decades of success, delivering strong returns for our investors and partners, as well as community value across the neighborhoods we serve."
This announcement follows the consistent growth of Hoffman & Associates, anchored by the completion of The Wharf later this year, as well as the company's continuous expansion across the Mid-Atlantic and Southeast, with a variety of projects ranging from large-scale neighborhoods to mixed-use condominium and apartment offerings, all underscoring the company's innovative and unwavering commitment to sustainable, community-minded development.
Over the next two years, the fund intends to deploy its capital base in projects including:
- West Falls: A nearly 10-acre expansive, multiphase mixed-use, transit-oriented project expanding the vibrant community in Falls Church, Virginia. West Falls will serve as a gateway to the city of Falls Church and a gathering place for all with apartments, condominiums, senior living, retail, hotel and a medical office building, along with an outdoor community gathering space in the center of the neighborhood that will provide over 18,000 square feet of open space for community use. The biggest project in Falls Church history, West Falls is poised to be Hoffman & Associates' next largest endeavor following The Wharf.
- 4600 Fairfax Drive: A dynamic, 530,000 square-foot multifamily development in Ballston, Virginia that will feature more than 500 residences including apartments and townhome-style residences in two buildings with 475 apartment residences as well as 29 townhome-style multifamily units. The project is designed to not only achieve LEED Gold certification, but also to follow Arlington County's industry leading 2020 Green Building Program.
- RUS Bus: A 500,000 square-foot transit-oriented mixed-use development in Raleigh, NC, integrating the Raleigh Union Station with innovative transit improvements, a new bus facility, bike and pedestrian-friendly spaces and multifamily residential with affordable housing, retail and hospitality. The approximately $275 million project, one of the biggest developments currently underway in Raleigh, features plans to build two high-rise buildings up to 40 stories tall, with 18,000 square feet of retail space and over 400 apartments.
- Seaboard Station: This dynamic development that is set to deliver its first phase this fall, will bring a unique mix of residential, retail and vibrant community spaces to the historic location of Seaboard Station in downtown Raleigh, NC. When complete, Seaboard Station will feature nearly 600 residences in three buildings and more than 130,000 square feet of street-level retail, restaurants and entertainment concepts, as well as underground parking and a hotel.
For more information about Hoffman & Associates, please visit www.hoffman-dev.com.
Hoffman & Associates is a leader in both residential and mixed-use development in multiple markets across the Mid-Atlantic and Southeast regions. Since its founding in 1993, Hoffman & Associates has developed over 75 mixed-use, residential, office and retail projects with an unwavering commitment to sustainable and innovative development that puts community first. Hoffman & Associates is an industry leader in creating inclusive urban communities that bring people together and enhance the way we socialize, work and live together. The company has large-scale developments throughout the Washington, D.C. metropolitan area, Raleigh, North Carolina, and Falls Church, Virginia, with a portfolio totaling $6 billion. Hoffman & Associates is also the managing member of Hoffman-Madison Waterfront, a joint venture with Madison Marquette, which is developing The Wharf, a $3.6 billion, 3.3 million square-foot neighborhood along Washington, D.C.'s waterfront. Other developments include Seaboard Station, West Falls, Waterfront Station II, Parcel B at Audi Field, 4600 Fairfax Drive, RUS Bus, Amaris, The Banks, The Bower, 525 Water, VIO, The Channel and Incanto. Hoffman & Associates has offices in Washington, D.C. and Raleigh, North Carolina. For more information please visit: www.hoffman-dev.com.
Hoffman & Associates
760 Maine Avenue SW
Washington, D.C. 20024
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SOURCE Hoffman & Associates | https://www.kxii.com/prnewswire/2022/08/08/hoffman-amp-associates-announces-first-general-partner-fund/ | 2022-08-08T15:40:13Z |
US: 2 posed as agents, gave gifts to Secret Service officers
WASHINGTON (AP) - Federal prosecutors on Wednesday charged two men they say were posing as federal agents, giving free apartments and other gifts to U.S. Secret Service agents, including one who worked on the first lady’s security detail.
The two men — Arian Taherzadeh, 40, and Haider Ali, 36 — were taken into custody as more than a dozen FBI agents charged into a luxury apartment building in Southeast Washington on Wednesday evening.
Prosecutors allege Taherzadeh and Ali had falsely claimed to work for the Department of Homeland Security and work on a special task force investigating gang and violence connected to the Jan. 6 insurrection at the U.S. Capitol. They allege the two posed as law enforcement officers to integrate with actual federal agents.
Taherzadeh is accused of providing Secret Service officers and agents with rent-free apartments — including a penthouse worth over $40,000 a year — along with iPhones, surveillance systems, a drone, flat screen television, a generator, gun case and other policing tools, according to court documents.
He also offered to let them use a black GMC SUV that he identified as an “official government vehicle,” prosecutors say. In one instance, Taherzadeh offered to purchase a $2,000 assault rifle for a Secret Service agent who is assigned to protect the first lady.
Prosecutors said four Secret Service employees were placed on leave earlier this week as part of the investigation.
The plot unraveled when the U.S. Postal Inspection Service began investigating an assault involving a mail carrier at the apartment building and the men identified themselves as being part of a phony Homeland Security unit they called the U.S. Special Police Investigation Unit.
Prosecutors say the men had also set up surveillance in the building and had been telling residents there that they could access any of their cellphones at any time. The residents also told investigators they believed the men had access to their personal information.
Taherzadeh and Ali are scheduled to appear in court on Thursday. It was not immediately clear if they had lawyers who could comment on the allegations.
Authorities did not detail what, if anything, the men were aiming to accomplish by posing as law enforcement officers or by providing the gifts. Prosecutors said the investigation remains ongoing.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/07/us-2-posed-agents-gave-gifts-secret-service-officers/ | 2022-04-07T09:26:21Z |
PITTSBURGH, June 6, 2022 /PRNewswire/ -- "We wanted to create a safe and convenient way to receive a food delivery at your door without concern over contamination and the transfer of airborne germs," said one of two inventors, from Mansfield, Texas, "so we invented the DOOR WAITER. Our design also eliminates the need for the food delivery to be placed on the ground."
The patent-pending invention provides a non-contact way to receive food deliveries outside a residence. In doing so, it eliminates the need to answer the door and talk to delivery persons. As a result, it helps to prevent the spread of germs and viruses and it ensures that food orders are safe and at the proper temperature. The invention features a practical design that is easy to position and use so it is ideal for households. Additionally, a prototype is available.
The original design was submitted to the Dallas sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-DAL-142, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/06/06/inventhelp-inventors-develop-safe-food-delivery-device-households-dal-142/ | 2022-06-06T17:29:08Z |
NEW YORK, Aug. 15, 2022 /PRNewswire/ -- Attention Unity Software Inc. ("Unity") (NYSE: U) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between March 5, 2021 and May 10, 2022.
If you suffered a loss on your investment in Unity, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Unity includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) deficiencies in Unity's product platform reduced the accuracy of the Company's machine learning technology; (ii) the foregoing was likely to have a material negative impact on the Company's revenues; (iii) accordingly, Unity had overstated the Company's commercial and/or financial prospects for 2022; (iv) as a result, the Company was likely to have to reduce its fiscal 2022 guidance; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: September 6, 2022
Aggrieved Unity investors only have until September 6, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/08/15/class-action-alert-law-offices-vincent-wong-remind-unity-investors-lead-plaintiff-deadline-september-6-2022/ | 2022-08-15T11:13:37Z |
FRAUENFELD, Switzerland, April 6, 2022 /PRNewswire/ -- The solid-state battery from Swiss Clean Battery AG is extremely durable, non-combustible and at least 50% better in terms of environmental performance than conventional lithium-ion batteries.
Solid-state batteries are regarded as the successor technology to conventional lithium-ion batteries. Intensive research is being carried out worldwide - and Switzerland is now the first country to go into series production with this technology.
Rapidly rising energy costs, the energy turnaround and the security of supply of countries can only be solved via renewable energies. And efficient electricity storage systems are a key prerequisite for this.
With production scaling from 1.2 GWh to 7.6 GWH, SCB AG will serve both the Swiss domestic and international markets with sustainable battery storage from 2024.
SCB AG has learned from the Corona crisis, the chip crisis and the Ukraine crisis and is consistently implementing the lessons learned: All machines as well as chemicals are sourced regionally from Switzerland and Germany. Short distances, minimized logistics costs and security of supply are the primacy of our actions.
The newly founded production company SCB AG from Switzerland is revolutionizing the global battery market with its serially produced solid-state battery. Swiss Clean Battery AG, headquartered in Frauenfeld, is convinced that it will leave the international competition behind with its environmentally friendly, safe and extremely powerful product.
The energy transition to renewable energies requires electricity storage, especially in view of the rapidly increasing electricity consumption and the exploding energy costs. However, conventional battery technologies create serious resource and waste problems. SCB AG is treading a new path with the production of a new and sustainable basic technology, the "green solid-state battery".
Lithium-ion batteries have revolutionized the battery world. But now that their production and use are soaring to astronomical heights, the dark side of this development is becoming apparent: Raw materials are needed whose long-term availability is not guaranteed and some of which are extracted under inhumane conditions. There are safety risks, as the batteries can lead to fires and explosions that are difficult to extinguish. And, above all, there will be a huge mountain of waste in the near future. This is because the lifespan of conventional lithium-ion batteries is very limited. They reach the end of their life after a few thousand charging cycles at the latest.
The solid-state battery produced by SCB lasts almost indefinitely and has a 50% better environmental balance than conventional lithium-ion batteries. Furthermore, it is incombustible and therefore safe to use, contains no critical raw materials such as cobalt, and is resistant to deep discharge and fast charging.
Solid-state batteries have been regarded for years as a promising successor technology to conventional lithium-ion batteries. Accordingly, they are the subject of research in numerous laboratories around the world. So far, however, it has not been possible to develop high-performance batteries with solid ion conductors:
A central technical problem is to bring the fixed ion conductor in the battery cells into a stable connection with the electrodes. Many research projects are based on a "modular design" in which individual components are combined outside the cell and then inserted into the housing. This leads to problems with the transfer of ions at the material boundaries between the electrodes and the fixed ion conductor. After more than 30 years of basic research, it has been possible to solve this problem: In this new approach to solving the problem, the fixed ion conductor is formed in the battery cell itself, similar to a multicomponent adhesive. This overcomes the transition problems compared to modular construction.
Swiss Clean Battery AG was founded in February 2022 in Frauenfeld in the canton of Thurgau:
The CEO is Mr. Roland Jung, the CFO Mr. Peter Koch and the COO Dr. Thomas Lützenrath. He is also the COO of High Performance Battery AG, the licensing technology company. The production facility will be scaled from 1.2 GWH to 7.6 GWH:
In the first production phase of 1.2 GWH, SCB AG is planning sales of CHF 318 million. For this, 246 million CHF investment volume in the machinery is planned. In this first stage, SCB AG employs 181 people. A production area of 20,000 m2 will be built in order to manufacture 7.2 million battery cells per year.
The enterprise value in this first stage is CHF 1.3 billion, with a conservative multiple of 18. In addition to debt financing of the production facility, an initial public offering (IPO) is targeted for October 2022 on the Zurich Stock Exchange.
In the final phase, SCB AG is to produce 7.6 GWH, with an investment sum of CHF 775 million and a turnover of over CHF 2 billion. Approximately 100,000 m2 of production area will be built for this purpose. At this stage of expansion, SCB AG will produce nearly 48 million battery cells per year with 1061 employees. The company will then be worth CHF 8.6 billion.
Media contact:
Swiss Clean Battery AG
Bahnhofstrasse 56
CH-8500 Frauenfeld
+41(0)525114020
info@SwissCleanBattery.ch
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SOURCE Swiss Clean Battery AG | https://www.wibw.com/prnewswire/2022/04/06/worlds-first-gigafactory-pure-solid-state-batteries-established-switzerland/ | 2022-04-06T11:14:01Z |
(NEXSTAR) – Barbie is releasing its first-ever doll with hearing aids in June as part of toymaker Mattel’s push to make its lineup more diverse and inclusive.
The latest additions to the company’s Fashionista line will also feature a Barbie with a prosthetic leg and dolls in a variety of body types “including smaller bust, curvy and original,” according to an email from a Mattel spokesperson.
A Ken doll with vitiligo is new this year, two years after the release of the Barbie with vitiligo, which was one of the top five best-selling Fashionista dolls in its first year, according to Mattel.
To make sure that the hearing aids were portrayed accurately, Mattel consulted with an audiology expert, Dr. Jen Richardson.
“As an educational audiologist with over 18 years of experience working in hearing loss advocacy, it’s inspiring to see those who experience hearing loss reflected in a doll,” Richardson said. “I’m beyond thrilled for my young patients to see and play with a doll who looks like them.”
The company’s Global Head of Barbie and Dolls, Lisa McKnight, said it’s important for children to see themselves in the toys they play with, as well as to play with dolls that don’t look like them to help foster a sense of inclusion.
“Barbie wholeheartedly believes in the power of representation, and as the most diverse doll line on the market, we are committed to continuing to introduce dolls featuring a range of skin tones, body types and disabilities to reflect the diversity kids see in the world around them,” McKnight said.
The latest Barbie Fashionistas will retail at $9.99 from retailers nationwide. | https://cw33.com/news/nexstar-media-wire/mattel-unveils-first-ever-barbie-doll-with-hearing-aids/ | 2022-05-27T05:46:49Z |
ALBUQUERQUE,N.M., June 15, 2022 /PRNewswire/ -- Blythe Landry, LCSW, M.Ed.'s new book, "Trauma Intelligence: The Art of Helping in a World Filled with Pain," addresses the crucial understanding of trauma and how it impacts us and those we care for.The world is currently riddled with people experiencing trauma. Unaddressed trauma, such as childhood abuse, COVID 19, mass shootings, drug addiction, the climate crisis, mental health challenges, political unrest, work related violence and domestic abuse can negatively impact every facet of our lives. Addressing trauma in effective ways, however, can make a positive difference.
As reviewed by Elizabeth Taylor, Former Literary Editor of The Chicago Tribune and current Co-Editor of The National Book Review: "Blythe Landry understands the range of traumas experiences that haunt so many people, regardless of their differences -- they share the reality that their lives are shaped by some form of trauma. Landry explores childhood trauma, of course, but she extends the notion of trauma beyond childhood. She explains a range of trauma, that one wouldn't anticipate, ranging from medical trauma to workplace trauma. In lucid prose and with a warm, open tone, Landry not only explains the far-reaching effects of trauma, but she also explores wise and practical ways to determine tools to respond to the echoes of trauma that too often undermine one's life. A generous, wise book for anyone eager to live a fulfilled life -- and a remarkably pleasant, enlightening reading experience."
Trauma Intelligence is more than being trauma informed. It is engaging in empathetic thought, dialogue, and relationships. It is also about improving our personal and professional lives and learning a system for responding effectively to unfortunate circumstances.
Trauma Intelligence is suitable for any organization and individuals.
Blythe Landry is a LCSW, M.Ed. with over 20 years of experience working with individuals, teams and large-scale organizations (Fortune 5) to address trauma, grief or addictions. She is also a seasoned speaker and presenter and the founder of "Trauma Intelligence Training."
Email/Phone blythecl@gmail.com (773)-316-0685 - m
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Trauma Intelligence-The Art of Helping in a World Filled With Pain Booktrailer
Blythe Landry, LCSW, M.Ed
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SOURCE Blythe Landry Coaching | https://www.mysuncoast.com/prnewswire/2022/06/15/albuquerques-international-trauma-therapist-releases-groundbreaking-book-helping-people-overcome-emotional-psychological-pain/ | 2022-06-15T13:52:22Z |
The Temple Community Clinic is holding “Living Well in Bell,” a series of events to promote community wellness. The next event will take place at 6 p.m. on Thursday, July 7, at the Azalee Marshall Cultural Activities Center, 3011 N. Third St. in Temple.
Dr. Paul B. Hick, clinical professor in the department of psychiatry at Baylor Scott & White Health, will speak about depression and emotional health.
The event is free and open to the public. For information call 254-771-3374. | https://www.tdtnews.com/news/central_texas_news/article_d74095ae-f970-11ec-8fa5-8f7f7f3937f7.html | 2022-07-01T21:59:14Z |
TOKYO and CAMBRIDGE, Mass., July 5, 2022 /PRNewswire/ -- Eisai Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, "Eisai") and Biogen Inc. (Nasdaq: BIIB, Corporate headquarters: Cambridge, Massachusetts, CEO: Michel Vounatsos, "Biogen") announced today that the U.S. Food and Drug Administration (FDA) has accepted the Biologics License Application (BLA) under the accelerated approval pathway for lecanemab (development code: BAN2401), an investigational anti-amyloid beta (Aβ) protofibril antibody for the treatment of mild cognitive impairment (MCI) due to Alzheimer's disease (AD) and mild AD (collectively known as early AD) with confirmed presence of amyloid pathology in the brain. Eisai's application, which was completed in early May 2022, has been granted Priority Review, with a Prescription Drug User Fee Act (PDUFA) action date of January 6, 2023.
"Alzheimer's disease is a serious disease that causes significant disability and burden to the people living with Alzheimer's disease and their families. Treatment options for Alzheimer's disease are limited and creation of new treatment options is strongly encouraged. Eisai employees have spent time with people living with Alzheimer's disease to truly understand their feelings and challenges and have been working to create new treatments for many years," said Haruo Naito, Chief Executive Officer at Eisai. "The acceptance of lecanemab's BLA with priority review is an important milestone in serving people living with Alzheimer's disease who have been waiting for new treatment options to address an underlying pathology of Alzheimer's disease. We will continue to actively cooperate with the FDA's review in an effort to bring this new treatment option to people living with Alzheimer's disease and their families as soon as possible."
"We believe in a future where people living with Alzheimer's disease will have different treatment options to address this complex disease, and today's BLA acceptance with priority review by FDA is an important step towards this vision," said Michel Vounatsos, Chief Executive Officer at Biogen. "Together with Eisai, we are committed to continuing our work to address the tremendous unmet need for these patients and their families."
The Clarity AD Phase 3 clinical study for lecanemab in early AD is ongoing and Eisai completed enrollment in March 2021 with 1,795 patients. The readout of the primary endpoint data of Clarity AD will occur in the Fall of 2022. The FDA has agreed that the results of Clarity AD, when completed, can serve as the confirmatory study to verify the clinical benefit of lecanemab. Eisai utilized the FDA's Accelerated Approval Pathway in an effort to streamline the submission process for the potential traditional approval of lecanemab in order to expedite patients' access to lecanemab. Dependent upon the results of the Clarity AD clinical trial, Eisai will submit for traditional approval of lecanemab to the FDA during Eisai's fiscal year 2022, which ends on March 31, 2023.
In Japan, in March 2022, Eisai initiated the submission of application data to the Pharmaceuticals and Medical Devices Agency (PMDA) under the prior assessment consultation system with the aim of obtaining early approval for lecanemab. Eisai aims to file for the manufacturing and marketing approval based on the results of Clarity AD during Eisai's fiscal year 2022. Also, in Europe, based on the results of the Clarity AD study, Eisai plans to submit a new drug application in fiscal year 2022.
Eisai serves as the lead of lecanemab development and regulatory submissions globally with both Eisai and Biogen co-commercializing and co-promoting the product and Eisai having final decision-making authority.
[Notes to editors]
1. About Lecanemab (BAN2401)
Lecanemab is an investigational humanized monoclonal antibody for Alzheimer's disease (AD) that is the result of a strategic research alliance between Eisai and BioArctic. Lecanemab selectively binds to neutralize and eliminate soluble, toxic amyloid-beta (Aβ) aggregates (protofibrils) that are thought to contribute to the neurodegenerative process in AD. As such, lecanemab may have the potential to have an effect on disease pathology and to slow down the progression of the disease. Currently, lecanemab is being developed as the only anti- Aβ antibody that can be used for the treatment of early AD without the need for titration. With regard to the results from pre-specified analysis at 18 months of treatment with lecanemab 10 mg/kg IV biweekly, Study 201 demonstrated reduction of brain Aβ accumulation (P<0.0001) and slowing of disease progression measured by ADCOMS* (P<0.05) in early AD patients. The study did not achieve its primary outcome measure** at 12 months of treatment. The Study 201 open-label extension was initiated after completion of the Core period and a Gap period off treatment of 9-59 months (average of 24 months, n=180 from core study enrolled) to evaluate safety and efficacy, and is underway.
Currently, lecanemab is being studied in a confirmatory Phase 3 clinical study in symptomatic early AD (Clarity-AD), following the outcome of the Phase 2 clinical study (Study 201). Since July 2020 the Phase 3 clinical study (AHEAD 3-45) for individuals with preclinical AD, meaning they are clinically normal and have intermediate or elevated levels of amyloid in their brains, is ongoing. AHEAD 3-45 is conducted as a public-private partnership between the Alzheimer's Clinical Trial Consortium that provides the infrastructure for academic clinical trials in AD and related dementias in the U.S, funded by the National Institute on Aging, part of the National Institutes of Health, Eisai and Biogen. Since January 2022, the Tau NexGen clinical study for Dominantly Inherited Alzheimer's disease (DIAD), that is conducted by Dominantly Inherited Alzheimer Network Trials Unit (DIAN-TU), led by Washington University School of Medicine in St. Louis, is ongoing and includes lecanemab as the backbone anti-amyloid therapy in combination with E2814 MTBR-tau antibody or placebo. Furthermore, Eisai has initiated a lecanemab subcutaneous dosing Phase 1 study.
* Developed by Eisai, ADCOMS (AD Composite Score) combines items from the ADAS-Cog (Alzheimer's Disease Assessment Scale-cognitive subscale), CDR (Clinical Dementia Rating) and the MMSE (Mini-Mental State Examination) scales to enable a sensitive detection of changes in clinical functions of early AD symptoms and changes in memory. The ADCOMS scale ranges from a score of 0.00 to 1.97, with higher score indicating greater impairment.
** An 80% or higher estimated probability of demonstrating 25% or greater slowing in clinical decline at 12 months treatment measured by ADCOMS from baseline compared to placebo.
2. About the Collaboration between Eisai and Biogen for Alzheimer's Disease
Eisai and Biogen have been collaborating on the joint development and commercialization of AD treatments since 2014. Eisai serves as the lead of lecanemab development and regulatory submissions globally with both companies co-commercializing and co-promoting the product under Eisai's final decision-making authority.
3. About the Collaboration between Eisai and BioArctic for Alzheimer's Disease
Since 2005, Eisai and BioArctic have had a long-term collaboration regarding the development and commercialization of AD treatments. Eisai obtained the global rights to study, develop, manufacture and market lecanemab for the treatment of AD pursuant to an agreement concluded with BioArctic in December 2007. The development and commercialization agreement on the antibody lecanemab back-up was signed in May 2015.
4. About Eisai Co., Ltd.
The Eisai's Corporate Philosophy is "to give first thought to patients and people in the daily living domain, and to increase the benefits that health care provides." Under this Philosophy (also known as human health care (hhc) philosophy), we aim to effectively achieve social good in the form of relieving anxiety over health and reducing health disparities. With a global network of R&D facilities, manufacturing sites and marketing subsidiaries, we strive to create and deliver innovative products to target diseases with high unmet medical needs, with a particular focus in our strategic areas of Neurology and Oncology.
Under the medium-term business plan "EWAY Future & Beyond", which began in April 2021, Eisai is expanding its main role in healthcare, that is, we should contribute not only to people in the medical domain but also to people in the daily living domain. We aim to evolve into an hhceco (hhc philosophy + eco-system) company that empowers people "to realize their fullest life" by creating solutions based on science and data through building an ecosystem in collaboration with other industries.
In addition, we demonstrate our commitment to the elimination of neglected tropical diseases (NTDs), which is a target (3.3) of the United Nations Sustainable Development Goals (SDGs), with working on various activities together with global partners.
For more information about Eisai, please visit www.eisai.com (for global headquarters: Eisai Co., Ltd.), and connect with us on Twitter @Eisai_SDGs
5. About Biogen
As pioneers in neuroscience, Biogen discovers, develops, and delivers worldwide innovative therapies for people living with serious neurological diseases as well as related therapeutic adjacencies. One of the world's first global biotechnology companies, Biogen was founded in 1978 by Charles Weissmann, Heinz Schaller, Sir Kenneth Murray, and Nobel Prize winners Walter Gilbert and Phillip Sharp. Today, Biogen has a leading portfolio of medicines to treat multiple sclerosis, has introduced the first approved treatment for spinal muscular atrophy, and is providing the first and only approved treatment to address a defining pathology of Alzheimer's disease. Biogen is also commercializing biosimilars and focusing on advancing the industry's most diversified pipeline in neuroscience that will transform the standard of care for patients in several areas of high unmet need.
In 2020, Biogen launched a bold 20-year, $250 million initiative to address the deeply interrelated issues of climate, health, and equity. Healthy Climate, Healthy Lives™ aims to eliminate fossil fuels across the company's operations, build collaborations with renowned institutions to advance the science to improve human health outcomes, and support underserved communities.
The company routinely posts information that may be important to investors on our website at www.biogen.com. To learn more, please visit www.biogen.com and follow Biogen on social media – Twitter, LinkedIn, Facebook, YouTube.
Biogen Safe Harbor
This news release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, about the potential clinical effects of lecanemab; the potential benefits, safety and efficacy of lecanemab; potential regulatory discussions, submissions and approvals and the timing thereof; the expected data readout for the Clarity AD study; the treatment of Alzheimer's disease; the anticipated benefits and potential of Biogen's collaboration arrangements with Eisai; the potential of Biogen's commercial business and pipeline programs, including lecanemab; and risks and uncertainties associated with drug development and commercialization. These statements may be identified by words such as "aim," "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "possible," "potential," "will," "would" and other words and terms of similar meaning. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. Results in early-stage clinical studies may not be indicative of full results or results from later stage or larger scale clinical studies and do not ensure regulatory approval. You should not place undue reliance on these statements or the scientific data presented.
These statements involve risks and uncertainties that could cause actual results to differ materially from those reflected in such statements, including without limitation unexpected concerns that may arise from additional data, analysis or results obtained during clinical studies, including the Clarity AD clinical trial and AHEAD 3-45 study; the occurrence of adverse safety events; risks of unexpected costs or delays; the risk of other unexpected hurdles; regulatory submissions may take longer or be more difficult to complete than expected; regulatory authorities may require additional information or further studies, or may fail or refuse to approve or may delay approval of Biogen's drug candidates, including lecanemab; actual timing and content of submissions to and decisions made by the regulatory authorities regarding lecanemab; uncertainty of success in the development and potential commercialization of lecanemab; failure to protect and enforce Biogen's data, intellectual property and other proprietary rights and uncertainties relating to intellectual property claims and challenges; product liability claims; third party collaboration risks; and the direct and indirect impacts of the ongoing COVID-19 pandemic on Biogen's business, results of operations and financial condition. The foregoing sets forth many, but not all, of the factors that could cause actual results to differ from Biogen's expectations in any forward-looking statement. Investors should consider this cautionary statement as well as the risk factors identified in Biogen's most recent annual or quarterly report and in other reports Biogen has filed with the U.S. Securities and Exchange Commission. These statements are based on Biogen's current beliefs and expectations and speak only as of the date of this news release. Biogen does not undertake any obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.
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SOURCE Eisai Inc. | https://www.kxii.com/prnewswire/2022/07/05/us-fda-accepts-grants-priority-review-eisais-biologics-license-application-lecanemab-early-alzheimers-disease-under-accelerated-approval-pathway/ | 2022-07-05T23:44:18Z |
AUBURN HILLS, Mich., July 20, 2022 /PRNewswire/ --
- Stellantis repeats as a top scorer on 2022 Disability Equality Index
- Annual assessment administered by Disability:IN and the American Association of People with Disabilities and considered "the most robust disability inclusion assessment tool in business"
- Top-scoring businesses recognized as Best Places to Work for Disability Inclusion
- Acknowledgement adds to list of prestigious diversity and inclusion honors Stellantis has earned in 2022
Stellantis has again earned a top score on the annual Disability Equality Index (DEI) for 2022.
The DEI is a comprehensive benchmarking tool that helps companies build focused and measurable strategies that support disability inclusion and equality in the workplace.
Now in its eighth year, the DEI is administered by Disability:IN and the American Association of People with Disabilities (AAPD) and is considered the most robust disability inclusion assessment tool in business.
Top-scoring companies represent those businesses that have invested in accessibility and inclusion across their enterprises and are recognized as the best places to work for disability inclusion.
Stellantis also earned a top score on the DEI in 2021.
"Stellantis deeply values the recognition and feedback we receive from influential organizations like Disability:IN and the American Association of People with Disabilities," said Tobin J. Williams, senior vice president for human resources, Stellantis – North America. "Our company's long-standing, enterprise-wide commitment to diversity and inclusion fuels a work culture that enables each of our employees to realize their full potential, our pursuit of consistently strong business results and our ability to achieve our long-term strategy as outlined in our Dare Forward 2030 plan."
The 2022 DEI measured a range of workplace practices, including culture and leadership; enterprise-wide access, benefits, recruitment, retention, advancement, accommodations and more.
By earning a top score on the DEI, Stellantis adds to the impressive list of diversity and inclusion leadership acknowledgements it has earned in 2022.
These acknowledgements include:
- Noteworthy and Top Supplier Diversity Program ratings from Diversity Inc.
- Top Corporations for Women's Business Enterprises Resiliency award from the Women's Business Enterprise National Council
- Winds of Change magazine's list of Top 50 companies recruiting and supporting the careers of Indigenous STEM professionals
- Excellence in Health and Well-Being and Excellence in Mental Health awards from the Business Group on Health
An important source of energy driving the company's commitment to diversity and inclusion are its 11 business resource groups representing a range of affinity communities, including African ancestry, Hispanic heritage, Asian culture, LGBTQ+, veterans, Middle Eastern heritage, employees and families with disabilities, Native Americans, women and working parents.
Globally, people with disabilities represent more than one billion people. Disability is a natural part of the human experience, and it crosses lines of age, ethnicity, gender, gender identity, race, sexual orientation, socioeconomic status and religion.
"Disability inclusion is a rapidly expanding aspect of corporate culture, and it's gratifying to partner with 415 companies on the 2022 Disability Equality Index," said Jill Houghton, president and CEO of Disability:IN. "These top-scoring companies not only excel in disability inclusion, many are also adopting emerging trends and pioneering measures that can move the disability agenda from accommodation to inclusion and ultimately, genuine belonging."
American Association of People with Disabilities
AAPD is a convener, connector, and catalyst for change, increasing the political and economic power for people with disabilities. As a national cross-disability rights organization AAPD advocates for full civil rights for the 60+ million Americans with disabilities. Learn more at www.aapd.com.
Disability:IN®
Disability:IN is a global organization driving disability inclusion and equality in business. More than 400 corporations partner with Disability:IN to create long-term business and social impact through the world's most comprehensive disability inclusion benchmarking and reporting tool, the Disability Equality Index (DEI); best-in-class conferences and programs; expert counsel and engagement; and public policy leadership. Join us at disabilityin.org/AreYouIN #AreYouIN.
Stellantis North America
Stellantis (NYSE: STLA) is one of the world's leading automakers and a mobility provider. In North America, it's best known for producing and selling vehicles in a portfolio of iconic and award-winning brands such as Jeep®, Chrysler, Dodge, Ram, Alfa Romeo and Fiat. Powered by its diversity, Stellantis leads the way the region and the world move – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit www.stellantis.com.
Follow company news and video on:
Company blog: http://blog.stellantisnorthamerica.com
Media website: http://media.stellantisnorthamerica.com
Company website: www.stellantis.com
LinkedIn: https://www.linkedin.com/company/Stellantis
Facebook: https://www.facebook.com/StellantisNA
Instagram: https://www.instagram.com/stellantisna
Twitter: @StellantisNA
YouTube: http://youtube.com/StellantisNA
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SOURCE Stellantis | https://www.kxii.com/prnewswire/2022/07/20/supporting-culture-that-is-equitable-inclusive-all/ | 2022-07-20T12:37:25Z |
WASHINGTON, Aug. 23, 2022 /PRNewswire/ -- The National Association of Corporate Directors® (NACD®), the authority on boardroom practices representing more than 23,000 board members, announces that NACD Directorship Certification® has reached the milestone of 1,000 certified directors.
NACD Directorship Certification is the premier board member certification in the United States and was launched in 2020 as part of the NACD Corporate Directors Institute®. As the nation's premier director accreditation, it sets a new standard for director education and includes an ongoing education requirement that prepares directors for an ever-changing array of boardroom challenges.
In recognition of the milestone of 1,000 certified directors, NACD board members, leaders, and certified directors will gather this week in Times Square to ring the Nasdaq Stock Market Closing Bell on August 25. Tune in on August 25 at 3:50 PM EST to watch the live stream of the bell ringing ceremony here.
NACD members who have achieved certification serve on boards across the public, private, and nonprofit sectors of the economy. They represent leading boards such as Advanced Micro Devices, Cigna, Foot Locker, Morgan Stanley, and Nasdaq Inc. and nonprofits that include the American Heart Association, the American Cancer Society, and AARP, to name but a few.
The 1,000th certified director, Philip D. Amoa, managing partner of the Philadelphia Office of McCarter & English LLP and board member of the NACD Philadelphia Chapter, shared how the certification program has helped him:
"All corporate directors need continuing education to provide effective board leadership. NACD's Directorship Certification is the benchmark for corporate governance and a great tool for director development. Certification has helped me increase my value in the boardroom, including through strengthening investor trust and keeping me updated on the emerging issues and trends impacting the companies I serve," said Amoa.
"NACD is thrilled to celebrate this first group of 1,000 leaders who have taken action to better prepare themselves for board director roles, and we look forward to seeing the certification program continue to elevate both experienced and newer directors," said NACD president and CEO Peter Gleason. "NACD has defined the standard for director education in response to the convergence of a fast-moving, dynamic business environment with changing expectations for the board's role. As the scope and pace of change in demands continue to grow, it is more important than ever that directors are prepared and continually educating themselves on issues and trends. The certification program is all about enabling directors to lead with the highest standards of governance."
Individuals that have achieved NACD Directorship Certification have demonstrated their knowledge and competency in directorship through coursework and a rigorous certification exam. The NACD Directorship Certification requires recertification every two years through 32 hours of continuous learning at recognized programs.
Learn more about NACD Directorship Certification and how NACD is partnering with leading academic institutions such as founding partner Stanford University's Rock Center for Corporate Governance, Columbia Business School Executive Education, and The Wharton School's Aresty Institute of Executive Education to support directorship certification.
For more than 40 years, NACD has been on the leading edge of corporate governance, setting standards of excellence that have elevated board performance. NACD arms today's directors with insights and education that drive their mission forward, while preparing a new generation of boardroom leaders to meet tomorrow's biggest challenges. NACD is a community of more than 23,000 directors driven by a common purpose: to be trusted catalysts of economic opportunity and positive change—in businesses and in the communities they serve. To learn more about NACD, visit nacdonline.org.
The NACD Corporate Directors Institute (CDI) is an independent sister organization to NACD. CDI owns the NACD Directorship Certification program, including the examination and ongoing recertification requirements. The Institute confers the certification credential on those who meet the Institute's requirements, which are developed in consultation with experienced board members.
Media Contacts:
Shannon Bernauer
sbernauer@nacdonline.org
(571) 367-3688
Susan Oliver
soliver@nacdonline.org
703-216-4078
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SOURCE National Association of Corporate Directors | https://www.wibw.com/prnewswire/2022/08/23/nacd-directorship-certification-program-celebrates-1000-certified-directors/ | 2022-08-23T18:16:42Z |
Key Points -
- TVA has priced $500 million of new 30-year maturity global power bonds carrying an interest rate of 4.25%, which locks in historically low-cost funding.
- The rate on the new bonds ties as the second lowest ever for a TVA bond 30-years or longer.
- This is TVA's first 30-year bond offering since 2012.
KNOXVILLE, Tenn., Sept. 9, 2022 /PRNewswire/ --The Tennessee Valley Authority priced $500 million of new 30-year maturity global power bonds today, with an interest rate of 4.25 percent. Today's offering marked TVA's first 30-year bond since 2012, and the 4.25 percent rate is tied as the second lowest ever for a TVA bond of 30 years or longer in maturity.
Despite an increase in interest rates in the first half of the year, long-term rates remain at historically low levels, creating an opportunity for TVA to secure long-term funding at attractive levels.
"We were pleased to see a window of stability develop in recent weeks, and an opportunity for TVA to take advantage of still historically low long-term rates," said TVA's Treasurer and Chief Risk Officer, Tammy Wilson. "With one of the nation's largest electric power systems, TVA is a natural issuer of longer-maturity bonds, and the success of this transaction shows the confidence investors have in TVA and the strength of the public power model."
Strong demand for high quality investments of longer duration contributed to the success of the offering. The bonds drew interest from a variety of investors including asset managers, pension funds, and insurance companies, among others.
"The new 30-year bond fits well in TVA's debt profile, which has a low number of bonds maturing in the early 2050s. TVA debt levels remain at the lowest levels in over 30 years, and the new bonds will help TVA maintain stable interest costs for decades to come," added Wilson.
Bank of America, Morgan Stanley, RBC Capital Markets, and TD Securities served as joint book-running managers for the transaction. The proceeds of the bonds will be used to refinance existing debt and for general power system purposes. The new bonds will mature on September 15, 2052, and are not subject to redemption prior to maturity. Interest will be paid semi-annually each March 15 and September 15. Application has been made to list the bonds on the New York Stock Exchange.
The bonds will be issued, maintained and transferred through the book-entry system of the Federal Reserve Banks. Transactions may be cleared and settled by international participants through Clearstream and Euroclear. The bonds can be identified by the CUSIP number 880591EY4 (ISIN number US880591EY48).
The Tennessee Valley Authority is a corporate agency of the United States that provides electricity for business customers and local power companies serving nearly 10 million people in parts of seven southeastern states. TVA receives no taxpayer funding, deriving virtually all of its revenues from sales of electricity. In addition to operating and investing its revenues in its electric system, TVA provides flood control, navigation and land management for the Tennessee River system, and assists local power companies and state and local governments with economic development and job creation.
Media Contact:
Jim Hopson, Knoxville, 865-632-8860
TVA Media Relations, Knoxville, 865-632-6000
www.tva.com/news
Follow TVA news on Facebook and Twitter
Investor Relations:
Tammy Wilson, Knoxville, 865-632-3366 or 888-882-4975
Josh Carlon, Knoxville, 865-632-4133 or 888-882-4975
http://www.tva.com/investors
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SOURCE Tennessee Valley Authority | https://www.kxii.com/prnewswire/2022/09/09/tva-prices-500-million-new-30-year-bonds/ | 2022-09-09T15:40:09Z |
- Livent's battery-grade lithium hydroxide, made primarily from lithium extracted at its brine-based operations in South America, to be used in production of GM's electric vehicles
- 100% of Livent's downstream lithium hydroxide processing for GM to transition to North America over the course of the agreement
- Both companies prioritize commitment to responsible operations and sustainable supply chains
- GM has contractually secured all battery raw material to support its goal of 1 million units of EV capacity in North America by the end of 2025
PHILADELPHIA and DETROIT, July 26, 2022 /PRNewswire/ -- Livent and General Motors Co. announced today a significant multi-year sourcing agreement in which Livent will supply GM with battery-grade lithium hydroxide made primarily from lithium extracted at Livent's brine-based operations in South America. Lithium hydroxide is crucial to GM's plans to make higher performance, higher mileage EVs. The lithium hydroxide from Livent will be used in GM's Ultium battery cathodes, which will power electric vehicles such as the recently revealed Chevrolet Blazer EV, Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ.
Livent will provide battery-grade lithium hydroxide to GM over a six-year period beginning in 2025. Over the course of the agreement, Livent will increasingly supply battery-grade lithium hydroxide to GM from its manufacturing facilities in the U.S., with the goal of transitioning 100% of Livent's downstream lithium hydroxide processing for GM to North America. The agreement is expected to help secure supply for GM while assisting Livent in expanding its North American capabilities.
Both GM and Livent share a commitment to responsible operations and sustainable supply chains through industry and multi-stakeholder platforms. General Motors is a member of the Responsible Minerals Initiative (RMI), joined the Initiative for Responsible Mining Assurance (IRMA) in 2021 and plans to become carbon neutral in global products and operations by 2040. Livent is actively engaged in an IRMA third-party assessment, has a gold rating from EcoVadis for sustainability and has announced a goal of overall carbon neutrality by 2040.
"We are building a strong, sustainable, scalable and secure supply chain to help meet our fast-growing EV production needs," said Jeff Morrison, GM vice president, Global Purchasing and Supply Chain. "We will further localize the lithium supply chain in North America over the course of the agreement. In addition, it is aligned with our approach to responsible sourcing and supply chain management and demonstrates our commitment to strong supplier relationships."
"Importantly, GM now has contractual commitments secured with strategic partners for all battery raw material to support our goal of 1 million units of EV capacity by the end of 2025," added Morrison.
Paul Graves, president and chief executive officer of Livent commented, "We are excited to begin this long-term relationship with GM, one of the most iconic brands in the automotive industry and a leading force in the transition to electrification. With a shared commitment to sustainability and responsible operations, we look forward to building a broad partnership that will support GM's electric vehicle strategy, its supply chain goals and the future requirements of its growing EV fleet for reliable, high-performance lithium products."
GM will discuss the agreement as part of its earnings call later this morning, and Livent will do the same as part of its upcoming second quarter 2022 earnings call on August 2.
About General Motors
General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which powers everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at https://www.gm.com.
About Livent
Livent (NYSE: LTHM) is a fully integrated lithium company with a rich heritage of innovation and a long, proven history of producing performance lithium compounds. For nearly eight decades, Livent has partnered with its customers to safely and sustainably use lithium to power the world. Livent is one of only a small number of companies with the capability, reputation, and know-how to produce high-quality finished lithium compounds that are helping meet the growing demand for lithium. The company has one of the broadest product portfolios in the industry, powering demand for green energy, modern mobility, the mobile economy, and specialized innovations, including light alloys and lubricants. For more information, visit Livent.com.
CONTACTS:
David Barnas
GM Communications
248-918-8946
david.barnas@gm.com
Juan Carlos Cruz
Livent Communications
215-299-6725
juan.carlos.cruz@livent.com
Daniel Rosen
Livent Investor Relations
215-299-6208
daniel.rosen@livent.com
Livent Forward-Looking Statements
Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. In some cases, you can identify these statements by forward-looking words such as "may," "might," "will," "will continue to," "will likely result," "is on track," "should," "expect," "expects," "intends," "plans," "anticipates," "believe," "believes," "estimates," "predicts," "potential," "continue," "could," "forecast," "future," "is confident that," "plans," or "projects," the negative of these terms and other comparable terminology. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors and other cautionary statements included within Livent's 2021 Form 10-K filed with the SEC as well as other SEC filings and public communications. Livent cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. Livent undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.
The Company's investor relations website, located at https://ir.livent.com, should be considered as a recognized channel of distribution, and the Company may periodically post important information to the website for investors, including information that the Company may wish to disclose publicly for purposes of complying with federal securities laws.
General Motors Cautionary Note on Forward-Looking Statements: This press release and related comments by management may include "forward-looking statements" within the meaning of the U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements represent our current judgement about possible future events and are often identified by words such as "aim," "anticipate," "appears," "approximately," "believe," "continue," "could," "designed," "effect," "estimate," "evaluate," "expect," "forecast," "goal," "initiative," "intend," "may," "objective," "outlook," "plan," "potential," "priorities," "project," "pursue," "seek," "should," "target," "when," "will," "would," or the negative of any of those words or similar expressions. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgements are reasonable, but these statements are not guarantees of any future events or financial results, and our actual results may differ materially due to a variety of important factors, many of which are described in our most recent Annual Report on Form 10-K and our other filings with the U.S. Securities and Exchange Commission. We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law.
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SOURCE Livent Corporation | https://www.mysuncoast.com/prnewswire/2022/07/26/general-motors-livent-enter-long-term-lithium-hydroxide-supply-agreement/ | 2022-07-26T11:52:04Z |
Joseph Clabby announces retirement
WHITEHOUSE STATION, N.J., June 6, 2022 /PRNewswire/ -- Chubb has appointed Leigh Anne Sherman Specialty Officer for North America Middle Market, the company's commercial insurance business unit serving middle market companies in the United States and Canada. Currently, she serves as Division President of ESIS, a Chubb Company, and a leading third-party administrator. In her new role, Ms. Sherman will spearhead strategic efforts to ensure Chubb's distribution partners continue to have seamless access to the company's full suite of product offerings designed to help meet the needs of the company's commercial middle market account clients.
Ms. Sherman steps into the role most recently held by Joseph Clabby, who will retire from Chubb in July after more than three decades of service. Ms. Sherman will report to Ben Rockwell, Vice President, Chubb Group and Division President, North America Middle Market. The appointment is effective immediately.
"We look forward to having Leigh Anne join Commercial Insurance," said Mr. Rockwell. "She has a proven track record in leading innovative organizations and driving results and will be able to leverage decades of insurance industry knowledge and experience in this new role."
Mr. Rockwell added, "Over the years, Joe has served the organization in a variety of leadership roles and has been instrumental in helping to grow our business. On behalf of Chubb's entire management team, we thank him for his many contributions and wish him all the very best during retirement."
Ms. Sherman has been with Chubb for 25 years. Prior to serving as head of ESIS, she served as Executive Vice President of Chubb's Private/Not-For-Profit Management Liability business within the North America Financial Lines business. Throughout her tenure, Ms. Sherman has held progressive leadership roles throughout the Chubb organization.
Jim Shevlin succeeds Ms. Sherman as Division President of ESIS.
About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: www.chubb.com.
Chubb Insurance Company of Canada has offices in Toronto, Calgary, Montreal and Vancouver and provides its products and services through licensed insurance brokers across Canada. For additional information, visit: chubb.com/ca.
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SOURCE Chubb | https://www.wibw.com/prnewswire/2022/06/06/chubb-appoints-leigh-anne-sherman-specialty-officer-north-america-commercial-insurance-business-that-serves-middle-market-companies/ | 2022-06-06T15:11:30Z |
NEW YORK, Sept. 14, 2022 /PRNewswire/ --The Gross Law Firm issues the following notice to shareholders of Latch, Inc. f/k/a TS Innovation Acquisitions Corp..
Shareholders who purchased shares of LTCH during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/latch-inc-f-k-a-ts-innovation-acquisitions-corp-loss-submission-form/?id=31656&from=4
CLASS PERIOD: May 13, 2021 to August 25, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) there were unreported sales arrangements related to hardware devices; (2) as a result, the Company had improperly recognized revenue throughout fiscal 2021 and first quarter 2022; (3) there were material weaknesses in Latch's internal control over financial reporting related to revenue recognition; (4) as a result of the foregoing, Latch would restate financial statements for fiscal 2021 and first quarter 2022; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: October 31, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/latch-inc-f-k-a-ts-innovation-acquisitions-corp-loss-submission-form/?id=31656&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LTCH during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 31, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.wibw.com/prnewswire/2022/09/14/shareholder-alert-gross-law-firm-notifies-shareholders-latch-inc-fka-ts-innovation-acquisitions-corp-class-action-lawsuit-lead-plaintiff-deadline-october-31-2022-nasdaq-ltch/ | 2022-09-14T10:24:04Z |
Flight cancellations pile up on busy Memorial Day weekend
ATLANTA (AP) — Hundreds of flights worldwide were cancelled by midday Sunday, adding to the mounting number of scrubbed flights during the busy Memorial Day holiday weekend in the U.S.
More than 1,030 flights had been canceled as of 11:30 a.m. EDT Sunday, according to flight tracking website FlightAware. That followed more than 2,300 cancellations Friday and another 1,500 on Saturday.
More than 250 of Sunday’s cancellations involved aircraft scheduled to fly to or from U.S. cities.
Delta Air Lines cancelled the most flights among major U.S. airlines, with more than 250 flights, or 9% of its operations, eliminated Saturday. More than 140 Delta flights were canceled by mid-day Sunday, according to FlightAware.
Saturday’s cancellations were due to bad weather and “air traffic control actions,” Atlanta-based Delta said in an email to The Associated Press, noting it’s trying to cancel flights at least 24 hours in advance of the Memorial Day weekend.
Delta announced on its website on Thursday that from July 1 to Aug. 7, it would reduce service by about 100 daily departures, primarily in parts of the U.S. and Latin America that Delta frequently serves.
“More than any time in our history, the various factors currently impacting our operation — weather and air traffic control, vendor staffing, increased COVID case rates contributing to higher-than-planned unscheduled absences in some work groups — are resulting in an operation that isn’t consistently up to the standards Delta has set for the industry in recent years,” Delta’s Chief Customer Experience Officer Allison Ausband said in a post.
Airlines and tourist destinations are anticipating huge crowds this summer as travel restrictions ease and pandemic fatigue overcomes lingering fear of contracting COVID-19 during travel.
Many forecasters believe the number of travelers will match or even surpass pre-pandemic levels. However, airlines have thousands fewer employees than they did in 2019, and that has, at times, contributed to widespread flight cancellations.
People who are only now booking travel for the summer are experiencing the sticker shock.
Domestic airline fares for summer are averaging more than $400 for a round trip, 24% higher than this time in 2019, before the pandemic, and a robust 45% higher than a year ago, according to travel-data firm Hopper.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/29/flight-cancellations-pile-up-busy-memorial-day-weekend/ | 2022-05-29T15:53:34Z |
Powerful, low-code platform now available for Databricks' customers, enabling 10x data engineering
PALO ALTO, Calif., June 21, 2022 /PRNewswire/ -- Prophecy, the leading low-code platform for data engineering, today announced the launch of Prophecy for Databricks, a powerful new offering that makes it easier and faster to build data pipelines that deliver the data for business intelligence and machine learning. This platform, with a visual drag-and-drop canvas, enables anyone that wants to do data engineering to visually and interactively develop, deploy and monitor data pipelines on Apache Spark.
Built for use by both seasoned data engineering teams and non-programmer data citizens alike, Prophecy for Databricks enables many more users to build pipelines easily, move them to production and accelerate the transition of companies being data driven. With 10x users enabled, data teams experience a radical increase in operational excellence and data quality enabling them to manage more pipelines than ever before.
IDC has forecasted that data is being created at an annual growth rate of 23%, which mans 181 zettabytes of data will have been created by 2025. With data growing so quickly, corporations are struggling to keep up with processing the data at this pace. According to Gartner, the DBMS market is nearly $80B and grew 22% in just the last year, with the share of cloud DBMS growing even faster than the overall DBMS market.
Existing data engineering products do not meet the needs of companies and have proven to be unnecessarily complex and inefficient. With Prophecy for Databricks, companies can 10x data engineering with dramatic increases in data practitioners doing data engineering, individual productivity, reliability of data pipelines, and data quality.
"The industry need for data & analytics far outstrips what can be produced by data engineers programming in notebooks," said Raj Bains, CEO and co-founder of Prophecy. "With this release of Prophecy for Databricks, we're providing powerful, visual tools that enable an order of magnitude more data users to quickly develop data pipelines, at the same level as programmers. This expansion of data engineering to non-programmers is the only way to realize the potential of data at scale."
With Prophecy for Databricks, companies can modernize their data pipelines on Spark through the platform's core features, which include:
- A Visual Development Environment - An intuitive, low-code, drag-and-drop IDE enables all data practitioners, from non-programmer to expert, to develop data pipelines on Spark quickly and easily. The platform turns the visual data pipeline into 100% open-source Spark code (PySpark or Scala), with interactive development and execution to verify that pipeline works correctly every step of the way.
- Productivity Enhancement - The ability to build and extend custom data frameworks in the visual elements, standardizes and reuses components, leading to improved efficiency, better collaboration, and reduces risk. GIT integration allows for tracking and versioning of changes, test coverage ensures all changes are unit tested, CI/CD moves changes from development to production with high confidence, and metadata search and lineage ensures data can be tracked all the way back to the source.
- Seamless Integration - Prophecy for Databricks integrates smoothly with existing Databricks data stack utilized by enterprises. The technology is deployed within a company's existing Virtual Private Cloud (VPC) and integrates with all major data products and is extensible to support additional tools, including Delta Lake.
From our Customers
"Analyzing large amounts of data in a timely manner and developing key insights through analytics can be a differentiator for our investments. We were looking for a product which allowed non-technology users to interact with data with the same capabilities as an engineer, while keeping control of our ecosystem," said Shehzad Nabi, Chief Technology Officer at Waterfall Asset Management LLC. "Although there are many solutions in the market, none came close to Prophecy's capabilities with plug-and-play integration into Databricks, extensibility, and native Spark code that we control. We see a huge potential with Prophecy in analyzing new datasets and developing scalable data pipelines"
"As a new Databricks customer, we wanted to get our data team productive quickly and reduce the need for specific Apache Spark skills. We've tried other low-code products and either they didn't meet all our expectations or were too difficult to deploy and use," commented João Henriques, Chief Risk Officer at Cegid Invoice & Financing." "With Prophecy, our data team has ramped up very quickly and we are now using advanced capabilities of Spark with the support of Prophecy's experts."
This launch comes on the heels of Prophecy's closing of its $25M Series A round led by Insight Partners earlier this year and serves as the latest addition to its existing product suite. Prophecy's customers include a large range of companies from mid-sized to Fortune 500 companies, primarily in the financial, healthcare, and technology sectors. Pricing for Prophecy for Databricks starts at $5K per month for 10 users. For more information on Prophecy for Databricks, visit Prophecy for Databricks.
About Prophecy
Prophecy is the low-code data engineering company. Prophecy provides an easy-to-use visual interface to interactively build, deploy, execute, and manage data processing. Using software engineering best practices with GIT, CI/CD, unit tests, and column-level lineage, Prophecy is trusted by enterprises including multiple companies in the Fortune 50 running thousands of data pipelines every day. Learn how Prophecy can help you 10x data engineering at www.prophecy.io.
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SOURCE Prophecy | https://www.wibw.com/prnewswire/2022/06/21/prophecy-accelerates-adoption-lakehouse-technology-with-launch-prophecy-databricks-demand-modern-data-stack-skyrockets/ | 2022-06-21T13:43:17Z |
PITTSBURGH, April 25, 2022 /PRNewswire/ -- "I thought there could be a better way to minimize discomfort and embarrassing leaks for individuals with urinary incontinence," said an inventor, from Pleasant Hill, Calif., "so I invented the HIWOY. My design would offer a more comfortable alternative to traditional adult diapers."
The invention provides an improved protective product for urinary incontinence. In doing so, it helps to separate fluid leakage from the body. As a result, it ensures that the user remains dry and comfortable and it provides added peace of mind. The invention features a practical and lightweight design that is easy to wear so it is ideal for men and women who experience urinary incontinence. Additionally, it is producible in design variations.
The original design was submitted to the San Francisco sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-SNF-141, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/04/25/inventhelp-inventor-develops-urinary-incontinence-product-enhance-comfort-snf-141/ | 2022-04-25T19:34:11Z |
PITTSBURGH, April 12, 2022 /PRNewswire/ -- "I wanted to create an accessory to quickly kill germs and viruses on frequently used items like phones and credit cards," said an inventor, from Jackson, Miss., "so I invented the BLUE ZAPPER. My design would provide added protection and peace of mind during the current pandemic."
The patent-pending invention provides an effective way to kills germs and viruses on frequently used items. In doing so, it could help to reduce the spread of the coronavirus and other illnesses. As a result, it enhances sanitation and safety and it can be used to sanitize keys, cell phones, credit cards and other items. The invention features a practical design that is convenient and easy to use so it is ideal for the general population. Additionally, it is producible in design variations.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-NAM-116, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/04/12/inventhelp-inventor-develops-sanitizing-device-frequently-used-items-nam-116/ | 2022-04-12T16:22:03Z |
NEW YORK, June 18, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Riskified Ltd. (NYSE: RSKD) pursuant and/or traceable to the Registration Statement issued in connection with the Company's initial public offering conducted on or about July 28, 2021 (the "IPO" or "Offering"), of the important July 1, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Riskified securities pursuant and/or traceable to the IPO you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Riskified class action, go to https://rosenlegal.com/submit-form/?case_id=5896 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 1, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the IPO Registration Statement was negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Specifically, the IPO Registration Statement made inaccurate statements of material fact because they failed to disclose the following adverse facts that existed at the time of the IPO: (1) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in the Registration Statement), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (2) Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (3) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (4) thus, the Registration Statement's representations regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the IPO, and were materially false and misleading, and lacked a factual basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Riskified class action, go to https://rosenlegal.com/submit-form/?case_id=5896 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/06/18/top-ranked-rosen-law-firm-encourages-riskified-ltd-investors-with-losses-secure-counsel-before-important-july-1-deadline-securities-class-action-rskd/ | 2022-06-19T00:55:21Z |
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an AI-technology company transforming the $22 billion Third-Party Administrator (TPA) market supporting self-funded employer health plans, today reported financial results for the second quarter ended June 30, 2022.
The Company's consolidated results of operations include the results of operations of Marpai and its wholly owned subsidiary, Marpai Health, Inc., for all periods presented, and the results of Marpai Administrators, LLC (formerly Continental Benefits, LLC) since its acquisition on April 1, 2021.
- Net revenue of approximately $5.6 million for the three months ended June 30, 2022, compared to net revenue of approximately $6.2 million for the three months ended March 31, 2022, representing a sequential decrease of approximately $700,000, or 10.6%. This decline was caused by the first quarter decline in the number of our customers' employees covered under our plans.
- The number of our customers' employees covered under the Company's administered health plans was 21,074, 21,139 and 25,195 on June 30, 2022, March 31, 2022, and December 31, 2021, respectively.
- Operating expenses (including cost of revenues) were approximately $12.2 million for the three months ended June 30, 2022, as compared to approximately $11.8 million for the three months ended March 31, 2022, and approximately $11.6 million for the three months ended December 31, 2021.
- Operating expenses (including cost of revenues) excluding stock based compensation expenses were approximately $11.1 million for the three months ended June 30, 2022, approximately the same as in three months ended March 31, 2022, and approximately $11.4 million for the three months ended December 31, 2021.
- Net loss was approximately $6.7 million for the three months ended June 30, 2022, compared to net loss of approximately $5.5 million for the three months ended March 31, 2022, and a net loss of approximately $5.7 million for the three months ended December 31, 2021.
- Adjusted negative EBITDA was approximately $4.7 million for the three months ended June 30, 2022 compared to negative $4.0 million for the three months ended March 31, 2022 and compared to negative EBITDA of approximately $4.7 million for the three months ended December 31, 2021. A reconciliation of GAAP to non-GAAP measures has been provided in the financial statement tables included in this press release. An explanation of these measures is also included below under the heading "Non-GAAP Financial Measures."
"While the second quarter came in slightly higher than our guidance, our future organic growth sales related activity continues to be highly focused on January 1, 2023, when the large majority of the annual sales occur," said Edmundo Gonzalez, Chief Executive Officer of Marpai. "In addition to our robust sales activities over the next few months, we will be working hard on completing the Maestro Health acquisition and starting to integrate the two companies. These are very exciting times for Marpai and I believe that we are now very well positioned to fullfil our strategic goal of becoming the TPA of the future."
Due to the Maestro Health acquisition, which is expected to close before the end of the quarter and therefore will impact the operating results of the third quarter of 2022, we are not providing financial guidance at this time.
Marpai will host a conference call and webcast tomorrow, on August 11, 2022 at 8:30 a.m. ET to answer questions about the Company's operational and financial highlights for its first quarter of 2022 as well as on the previously announced acquisition of Marpai Health.
Investors interested in listening to the conference call may do so by dialing (866)-652-5200 for domestic callers or +1-412-317-6060 for international callers, or by dialing 1-855-669-9657 for Canadian callers, or via webcast: https://app.webinar.net/0EJIBnd6mVz.
For interested individuals unable to join the conference call, a recording of the webcast will also be available on the Marpai, Inc. investor relations website: https://ir.marpaihealth.com.
Marpai, Inc. (Nasdaq: MRAI) is a technology company bringing AI-powered health plan services to employers that directly pay for employee health benefits. Primarily competing in the $22 billion TPA (Third Party Administrator) sector serving self-funded employer health plans representing over $1 trillion in annual claims, Marpai maximizes the value of the health plan as measured in health outcomes. Marpai takes a member-centric approach that uses AI and big data to connect members to health solutions predicted to have a high probability of positive outcomes, and aims to bring value-based care to the self-insured market. With effective early intervention, disease management, claims processing and proactive member outreach, Marpai works to deliver the healthiest member population for the health plan budget. Operating nationwide, Marpai offers access to provider networks including Aetna and Cigna and all TPA services. For more information, visit www.marpaihealth.com, the content of which is not incorporated by reference into this press release.
This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties, including statements regarding anticipated future results. Forward-looking statements can be identified through the use of words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "guidance," "may," "can," "could," "will," "potential," "should," "goal" and variations of these words or similar expressions. For example, the Company is using forward looking statements when it discusses the expected timing of the acquisition and integration of Maestro Health, that its future organic growth sales related activity continues to be highly focused on January 1, 2023, when the large majority of the annual sales occur, and the belief that it is now very well positioned to fullfil its strategic goal of becoming the TPA of the future. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect Marpai's current expectations and speak only as of the date of this release. Actual results may differ materially from Marpai's current expectations depending upon a number of factors. These factors include, among others, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business. Except as required by law, Marpai does not undertake any responsibility to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.
More detailed information about Marpai and the risk factors that may affect the realization of forward-looking statements is set forth in Marpai's filings with the Securities and Exchange Commission (the "SEC"). Investors and security holders are urged to read these documents free of charge on the SEC's website at http://www.sec.gov.
In addition to our results and measures of performance determined in accordance with U.S. GAAP presented in this press release, we believe that certain non-GAAP financial measures are useful in evaluating and comparing our financial and operational performance over multiple periods, identifying trends affecting our business, formulating business plans and making strategic decisions.
Adjusted EBITDA is a key performance measure that our management uses to assess our financial performance and is also used for internal planning and forecasting purposes.
We believe that Adjusted EBITDA, together with a reconciliation to net loss, helps identify underlying trends in our business and helps investors make comparisons between our company and other companies that may have different capital structures, tax rates, or different forms of employee compensation. Accordingly, we believe that Adjusted EBITDA provides useful information to investors and others in understanding and evaluating our operating results, enhancing the overall understanding of our past performance and future prospects, and allowing for greater transparency with respect to a key financial metric used by our management in its financial and operational decision-making. Our use of Adjusted EBITDA has limitations as an analytical tool, and you should not consider these measures in isolation or as a substitute for analysis of our financial results as reported under U.S. GAAP. Some of these potential limitations include:
- other companies, including companies in our industry which have similar business arrangements, may report Adjusted EBITDA, or similarly titled measures but calculate them differently, which reduces their usefulness as comparative measures;
- although depreciation and amortization expenses are non-cash charges, the assets being depreciated and amortized may have to be replaced in the future, and Adjusted EBITDA does not reflect cash capital expenditures for such replacements or for new capital expenditure requirements;
- Adjusted EBITDA also does not reflect changes in, or cash requirements for, our working capital needs or the potentially dilutive impact of stock-based compensation; and
- Adjusted EBITDA does not reflect the interest expense, or the cash requirements necessary to service interest or principal payments, on our debt that we may incur.
Because of these and other limitations, you should consider our non-GAAP measures only as supplemental to other GAAP-based financial measures.
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SOURCE Marpai | https://www.wibw.com/prnewswire/2022/08/10/marpai-inc-reports-second-quarter-2022-results/ | 2022-08-10T20:55:36Z |
ALBANY ─ An Albany Museum of Art Teen Art Board member’s Eagle Scout project is bringing a unique art experience to Albany through southwest Georgia’s first Art-o-mat machine, which dispenses miniature artworks created by more than 400 artists from 10 countries.
Reece Ellion, a Laurel Springs School junior and a member of Scout Troop 13, sponsored by St. Teresa’s Catholic Church, is using the Art-o-mat for inspiration for her Eagle Scout leadership project on Friday from 4-6 p.m. at the Albany Museum of Art, 311 Meadowlark Drive. During the free two-hour event, Scouts trained in different media by Reece will teach elementary, middle school, and high school students who attend the free event.
“I taught my Scouts different art mediums, such as painting and using paint markers, and oil pastels,” Reece said. “There will be different art station, and my Scouts will be at the stations depending on what technique they learned. They will teach the kids who come in these arts.”
The participants will create artworks “on little blocks that would fit in the Art-o-mat, so it’s inspiring to the kids. ‘Hey, you could possibly become an Art-o-mat artist in the future.’ Or, just inspire them in general.”
The idea to bring an Art-o-mat to Albany came to the Scout when she saw one of the machines while on a family vacation trip to Key West, Fla. Reece, who wants to study animation in college, purchased a piece of pottery that fit into a box the size of a pack of playing cards.
“We went to a little museum and there was an Art-o-mat, and I thought, ‘This is really cool.’ At that time, I was thinking about what I wanted to do for my Eagle project, so I asked my mom (Heidi Ellion) and she said, ‘Sure, we can do this,’” Reece said. “I thought this would be a wonderful addition to the AMA. So we got in touch with the owner of Art-o-mat, and the rest is history.”
The Art-o-mat machine is a repurposed free-standing cigarette dispenser, once a common sight in stores and on sidewalks throughout the United States. It will debut in the AMA lobby at the members’ opening reception for the "Homecoming" exhibition at 5:30 p.m. on Thursday.
For $5, a person can purchase a token at the front desk at the AMA and use it to select one of the small, original art objects in the machine by pulling the corresponding knob. One dollar of each sale stays with the Albany Museum of Art, helping the museum maintain free admission for everyone while also introducing artworks created by more than 400 artists from 10 counties to southwest Georgia.
“In a world where Andy Warhol paintings are selling for almost $200 million apiece, the Art-o-mat concept makes the all-too-often prohibitively expensive practice of art collecting within reach to a much larger sector of humanity, by purveying charming and original art by real artists,” AMA Executive Director Andrew J. Wulf said. “This amenity in the AMA’s lobby further drives our mission of sharing the art of the world with the South.”
"The Art-o-mat is a wonderful new addition to the AMA lobby,” Director of Education and Public Programming Annie Vanoteghem said. “It will give our visitors a chance to take home a small piece of art to remind them of their time spent in our galleries. Reece Anne's dedication to the Boy Scouts, the AMA, and the Teen Art Board is incredible. Her generation is astounding me with how much they can accomplish for themselves and their community.”
Reece said she became interested in Scouting because of her brother, who is a member of Troop 15, sponsored by St. Paul’s Episcopal Church.
“I would always see him go to the Scouting events, and I was always interested in the camping aspects,” she said. Because of COVID, there were online options for pursuing merit badges, and Reece said she would sit with him during the classes.
“I didn’t know they had art merit badges in Scouts,” she said, adding she hopes to study animation in college.
Heidi Ellion said she is proud of her daughter’s accomplishments as a Scout and a Teen Art Board member. She and Reece contacted Clark Whittington, the owner of Art-o-mat, last September after checking with the Albany Museum of Art to see if the museum was receptive to hosting a machine.
“It’s been a long journey, but we’re excited about the results,” Heidi Ellion said.
A successful fundraising drive conducted earlier this year by the Teen Art Board covered the hosting fee to get the Art-o-mat to the AMA.
The AMA Teen Art Board is a high school leadership group that each year conducts a project to help and inspire others through art. Previous projects include collecting art supplies for children who at Liberty House of Albany, a nonprofit organization that provides services for victims of domestic violence and their children, and the creation of Student Art Studio Saturday, a free monthly program at the AMA where teens can create art in community with their peers.
“The AMA Teen Art Board will be continuing projects, such as overseeing the Art-o-mat, holding Student Art Studio Saturdays, organizing fundraisers and teen art exhibitions, and so much more this fall,” Vanoteghem said. “Applications to join Reece Anne and the rest of the TAB will be accepted through August for the 2022-23 school year."
A link to the Teen Art Board application can be found at www.albanymuseum.com/teen-art-board.
The Albany Museum of Art is located at 311 Meadowlark Drive adjacent to Albany State University's West Campus just off Gillionville Road. The museum is accredited by the American Alliance of Museums and is open to the public 10 a.m.-5 p.m. Tuesdays-Saturdays. Admission is free. | https://www.albanyherald.com/entertainment/arts_theatre/scout-wants-to-inspire-young-artists-with-eagle-project/article_54513914-d215-11ec-828f-9787bc69b0fc.html | 2022-05-12T17:44:52Z |
Other Clients in The Space include nWay, Petaverse, Upland, And Virtual Reality Stadium Platform VIRTEX
NEW YORK, May 25, 2022 /PRNewswire/ -- Virgo PR, a leading PR agency announced today new client Dive Games. The agency has extensive experience in all aspects of gaming PR. Key clients in the space include Virtex, Petaverse, nWay, Upland and many more.
The campaign will focus on new client partners, data reports and the expansion of metaverse technology. The goal is to create a real voice as the leader in gaming and web3 data.
Dive Games takes the complicated data problem from game developers and offers a custom-made solution to collect, validate and maximize its potential for improving its game economy and LiveOps. A company created by game industry veterans, who know the interlaced strands of game data management, the Dive platform is crafted and tailored to each client's unique needs, combining a dedicated data expert team with advanced technology and integration tools.
From media relations to influencer outreach, securing reviews to digital media, Virgo PR understands what it takes to succeed in all aspects of gaming public relations. Virgo PR is an agency that strives to create campaigns that can delight audiences and attract their attention. We focus on helping our clients tackle their goals and challenges more efficiently through our wide variety of services. For brands looking to reach people in a unique way, Virgo also offers product integration, where the client's product can be found even in the most crowded and distracted markets through strong yet subtle product placement that can positively reach an even bigger audience.
"We understand the rapid growth and new developments of the gaming business and what it takes to succeed in the media with unique campaign approaches," said Mike Paffmann, VirgoPR's CEO. "From hardware to software to eSports, market awareness, publicity, and influencer relations are vital to succeed in the gaming arena. Gaming is one of the top spaces we're excited about and we; 're all happy to be working with some of the most innovative names in the space."
For more information, please visit https://virgo-pr.com/
About VirgoPR
VirgoPR offers its clients many services to drive growth, engagement, sales, and increase lead generation and conversions. Our team of professionals in all things PR and marketing can support brands in developing different strategies and campaigns that allow them to better understand their brand and industry and provide various services that drive knowledge through our expertise. We're able to execute worldwide integrated campaigns for our clients' brands by playing on the strengths and constraints of any niche.
Media Contact: Corina Catapano, ccatapano@virgo-pr.com
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SOURCE VirgoPR | https://www.mysuncoast.com/prnewswire/2022/05/26/dive-games-appoints-virgo-pr-adding-growing-list-clients-gaming-division/ | 2022-05-26T02:41:56Z |
ROCKVILLE, Md., July 12, 2022 /PRNewswire/ -- Spartan Medical Inc., a veteran-owned-and-operated medical leadership team that serves as the vanguard for a diverse and complementary network of medical product and services companies, today announced it was named to Inc. Magazine's prestigious Inc. 5000 list of the fastest-growing, privately-owned companies in America.
Inc. 5000 is regularly compared to the Fortune 500 list, without the publicly-traded companies. Notable companies that have been previously named to the list include Intuit, Zappos, Under Armour, Microsoft, Jamba Juice, Timberland, Clif Bar, Pandora, Patagonia, and Oracle, among others. The Inc. 5000 recognition puts Spartan Medical in the top 0.07% of all privately-owned companies in America in terms of multi-year growth.
"The Inc. 5000 award shows that Spartan Medical is an emerging leader in the medical device industry and the medical operations management field," said Vince Proffitt, President of Spartan Medical. "Being named to this prestigious list means Spartan Medical is now part of a very exclusive community that consists of some of the most successful and renowned companies in the world."
Mr. Proffitt further explained, "Spartan Medical is independent, financially-stable, and debt-free. We have no conflicts of interest, and most importantly, we only answer to our customers and every member of the Spartan Family. This company has been built brick-by-brick in one of the most competitive industries on the planet. Our incredible growth during difficult economic times is based on three things: our people, our people, our people. Our culture matters, our military-mindset matters, our belief that nothing is impossible matters, but none of that would matter if we didn't have the right people in the right place at the right time. We do. Congratulations to the entire Spartan family. You've earned this."
Inc. Magazine will be revealing the ranking of each awardee company on Tuesday, August 9th and there will be a conference and gala for the awardees in Phoenix, Arizona on October 19th through the 22nd. The reveal event will list companies by their rankings in the United States, their home state, their region, and their industry.
Spartan Medical is a veteran-owned-and-operated government contractor for the U.S. Department of Veterans Affairs (VA), the U.S. Department of Defense (DoD), and other local, state, and federal agencies. We provide some of the most advanced medical technologies & biologics, licensed medical staff, and best-in-class operations management expertise to our clients both domestic and abroad. Our executive team have all held leadership positions in both the public and private sector and our core strength is solving complex problems through creative thinking, innovative solutions, and highly skilled flexible teams. Spartan Medical maintains its vanguard position by providing medical facilities with best-in-class solutions that improve patient care and outcomes, especially for America's military and veteran communities.
Media Contact - Nick Goebel: 248-767-6276
NickGoebel@SpartanMedical.com
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SOURCE Spartan Medical Inc. | https://www.wibw.com/prnewswire/2022/07/12/spartan-medical-is-named-inc-5000-list-fastest-growing-privately-owned-companies-america/ | 2022-07-12T13:43:16Z |
MELVILLE, N.Y., Aug. 11, 2022 /PRNewswire/ -- North American Partners in Anesthesia (NAPA) recently began providing anesthesia care at NYU Langone Ambulatory Surgery Center – Garden City, with more than 10 NAPA clinicians serving six operating rooms within this large outpatient facility. NAPA is the largest single-specialty anesthesia and pain management company in the U.S., with more than 6,000 clinicians providing anesthesia at hundreds of hospitals, ambulatory surgery centers, and office-based sites across 20 states.
NYU Langone Ambulatory Surgery Center – Garden City provides surgical treatments for orthopedic; breast; ear, nose, and throat; eye; general; urologic; plastic; and pain. The center is located at 777 Zeckendorf Boulevard, Garden City, NY, 11530. As an organization, NYU Langone Ambulatory Surgery Center serves patients in New York City's five boroughs, Long Island, New Jersey, Westchester County, and Florida.
Jay Lee, MD, MBA, NAPA's Clinical SVP, New York and New Jersey regions, said, "NAPA is thrilled to collaborate with NYU Langone Ambulatory Surgery Center as they continue to grow and excel in the outpatient environment. Our organization is at the forefront of managing the migration of complex cases to the ASC setting. We proactively deliver clinical, operational, and financial success through expert preoperative management, business support, quality innovation, and data analytics. We also place a premium on patient experiences and surgeon satisfaction to ensure we are delivering safe, effective, and exceptional anesthesia care."
As a clinician-led organization, North American Partners in Anesthesia (NAPA) is redefining healthcare, delivering unsurpassed excellence to its partners and patients every day. NAPA has grown to become the nation's leading single-specialty anesthesia and pain management company. Our 6,000+ clinicians serve nearly 3 million patients annually at nearly 500 healthcare facilities in 20 states. For more information, please visit NAPAanesthesia.com.
NYU Langone Health is one of the nation's premier academic medical centers. Its trifold mission to serve, teach, and discover is achieved daily through an integrated academic culture devoted to excellence in patient care, education, and research. Specialists at NYU Langone treat a full range of medical conditions in both inpatient and outpatient settings at locations throughout New York City's five boroughs, Long Island, New Jersey, Westchester County, and Florida. Its outpatient care also includes the Family Health Centers at NYU Langone, one of the largest Federally Qualified Health Center networks in the nation.
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SOURCE NAPA Management Services Corporation | https://www.kxii.com/prnewswire/2022/08/11/north-american-partners-anesthesia-launches-new-anesthesia-services-relationship-with-nyu-langone-ambulatory-surgery-center-garden-city/ | 2022-08-11T12:14:50Z |
HSINCHU, Aug. 5, 2022 /PRNewswire/ -- AP Memory, the global leading design company that provides customized memory solution, has announced today its PSRAM solution up to 512Mb density is supported by Renesas RZ/A3UL MPUs.
The Renesas RZ/A3UL is a new product in the RZ/A series with significant enhancements in performance and specifications including the highest operating frequency of up to 1 GHz. Despite its high operating frequency, the RZ/A3UL is also an entry-class 64-bit MPU that provides a cost-effective solution, while providing the performance customers need. The RZ/A3UL provides an Octal-SPI memory interface that facilitates simpler and more compact board designs for industrial equipment, home appliances and office automation equipment with liquid crystal displays or control panels, as well as audio equipment and POS terminals. More information about the RZ/A3UL MPUs and the evaluation board kit is available on the Renesas website. (https://www.renesas.com/rza3ul & https://www.renesas.com/rza3ul-evaluation-board-kit)
APM's Octal-SPI PSRAM (Octal Serial Interface Pseudo Static Rando Access Memory) product family, as an alternative solution to standard parallel interface PSRAM (ADMUX or Cellular RAM), or legacy Low-Power SDR/DDR DRAM and SDRAM, supports high bandwidth with low-pin-count solution. Take 256Mb PSRAM for instance, it offers data transfer rate up to 400MBps (3.2Gbps) utilizing only 11 signal pins, equipped with HalfsleepTM mode, the ultra-low power standby mode, which is suitable for battery base IOT application. The latest Octal-SPI PSRAM product up to 512Mb was validated by the Renesas RZ/A3UL MPU, and is available on the RZ/A3UL reference board (EVK). For more information on Octal-SPI PSRAM or other PSRAM products, please refer to the following product link or contact APM directly.
About AP Memory Technology Corporation
AP Memory is a fabless DRAM and IP product company. As a world leader in Pseudo-SRAM, AP Memory delivers reliable solutions of low-pin-count ultra-low-power IoT RAM and high-performance derivative products. AP Memory is also the world-leading company in AI memory solutions, particularly for 3D IC. The headquarters is based in Hsinchu, Taiwan, with R&D centers in the US, Mainland China, Taiwan, and sales offices worldwide. For more information, please visit www.apmemory.com
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SOURCE AP Memory Technology Corp. | https://www.mysuncoast.com/prnewswire/2022/08/05/ap-memory-octal-spi-psram-validated-by-renesas-rza3ul-mpu/ | 2022-08-05T16:48:42Z |
Which Optoma projector is best?
A massive TV is a natural choice if you want to watch sports or action films, or play video games on the biggest screen possible. But the price tag of some 4K TVs can be prohibitive.
There is an alternative that is often much cheaper. A projector can easily produce a 100-inch image and the quality will be just as good as a TV of the same size. Optoma has several projectors that can replace a TV, from the brilliant quality of 4K laser technology to more affordable high-definition options. A top choice is the Optoma CinemaX P2 Smart 4K UHD Laser Projector.
What to know before you buy an Optoma projector
Some need a lot of space to project
The space needed between the projector and the wall or fabric is called the throwing distance. While it varies among Optoma models, a projector needs a fair bit of room if you want to produce a 100-inch image. For instance, the Optoma HD39HDR projects a 120-inch image from almost 10 feet away.
However, there are short-throwing distance Optoma projectors that only need a few inches to achieve the same result. For example, the Optoma CinemaX P2 only needs 5.7 inches of space to produce an 85-inch image.
For the best experience, go for a laser projector
The most common light source for a projector is a lamp, and it’s what most imagine when thinking of a projector. While a lamp is certainly capable of delivering good visuals, it pales in comparison with upgraded laser technology.
Laser projectors provide maximum brightness, often suited for lights-on viewing or watching content outside. The quality also remains the same throughout the laser’s lifespan, whereas lamps can degrade over time.
Don’t rely on the built-in speakers
It’s handy to have built-in speakers on a projector, but it shouldn’t be the deciding factor. Most speakers on a projector are just a novelty and don’t produce the sound quality you’re hoping for.
The best option is to connect external speakers or a home theater system to the projector. An audio-out port or a Bluetooth connection is an excellent alternative for superior sound.
What to look for in a quality Optoma projector
Brightness
A projector’s brightness is indicated in lumens, and the higher the number, the brighter the projection. While lack of brightness doesn’t always affect the content’s quality, it can make it difficult to see. Low-brightness projectors struggle to produce clear images in sunny or well-lit rooms, though they’re perfect for areas where there isn’t a lot of ambient light. On the other hand, a high-lumen projector throws a clear image that’s visible even during the day.
A high refresh rate for fast motions
If you have ever watched sports or an action movie on an older TV, you’ve probably noticed the motion blur when things pick up speed. It can be jarring. That’s because the TV’s refresh rate is lower than that of the content. And motion blur is amplified when the screen is larger, such as a projector.
To combat this, a good-quality projector has a high refresh rate. The pixels can change colors in a millisecond, providing a smooth transition in visuals, unlike the ghosting appearance of a lower-refresh-rate device.
Multiple connections
The best thing about a good-quality projector is that multiple devices connect to it. While the regular HDMI connection is expected, having additional options through Wi-Fi, Bluetooth and memory cards greatly expands your content sources.
A Wi-Fi connection is essential, though, if you’re planning on having epic movie nights or watching that important game on a much bigger screen. Wi-Fi lets you stream content from a mobile device to the projector.
How much you can expect to spend on an Optoma projector
The price largely depends on its resolution and additional functions. An affordable projector capable of high-definition content and sufficient brightness costs $800-$900. However, a 4K laser projector with a built-in sound bar costs $2,000-$3,500.
Optoma projector FAQ
Can you mount an Optoma projector to a ceiling?
A. Yes, in most cases, as long as the projector is compatible with mounting options. The most common mounting or bracket type is VESA, so if a projector is VESA-compatible, you know it conforms to an international standard.
What does it mean if a projector is compatible with IFTTT?
A. IFTTT is a popular home automation app, as it stands for “If This, Then That.” Essentially, you feed the app a set of conditions and once they’re met, it triggers an action. For example, if your smart doorbell rings, then the projector automatically mutes the volume.
What’s the best Optoma projector to buy?
Top Optoma projector
Optoma CinemaX P2 Smart 4K UHD Laser Projector
What you need to know: This projector uses laser technology, making it perfect if you want to watch content in a bright room.
What you’ll love: Projecting an 85-inch image from only 5.7 inches away, this projector delivers clear 4K visuals through pure glass optics. It has a built-in 40-watt sound bar, consisting of four speakers. It is compatible with Google Assistant, Amazon Alexa and IFTTT.
What you should consider: Some users said the laser is so bright, that it accentuates every tiny flaw on the wall or projection fabric.
Where to buy: Sold by Amazon
Top Optoma projector for the money
Optoma HD39HDR High Brightness HDR Home Theater Projector
What you need to know: This projector is the perfect choice if you want an affordable, simple solution.
What you’ll love: It has a relatively high brightness of 4,000 lumens and a frame rate of 120 hertz, making it suitable for bright areas. It has two HDMI ports and one USB port for charging your devices.
What you should consider: While it has a 4K input, the projector is only capable of 1080p images.
Where to buy: Sold by Amazon
Worth checking out
Optoma UHD38 True 4K UHD Gaming Projector
What you need to know: This projector is best suited for video gamers who want to battle enemies on a giant screen.
What you’ll love: This 4K projector sports a gaming mode that optimizes the response time to reduce input lag. At 1080p resolution, the response time drops to 4.2 milliseconds, while the 4K response time is 16 milliseconds. The lamp has a brightness of 4,000 lumens and there are several HDMI, audio-out and USB ports.
What you should consider: The projector doesn’t have Wi-Fi or Bluetooth connectivity.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/projectors-br/best-optoma-projector/ | 2022-07-26T10:58:17Z |
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CVX, NVDA, MRO, RTX, and MPC.
Click a link below then choose between in-depth options trade idea report or a stock score report.
Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.
Stock Report - Measures a stock's suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street's opinion including a 12-month price forecast.
- CVX: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=CVX&prnumber=082220227
- NVDA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=NVDA&prnumber=082220227
- MRO: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=MRO&prnumber=082220227
- RTX: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=RTX&prnumber=082220227
- MPC: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=MPC&prnumber=082220227
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/08/22/thinking-about-trading-options-or-stock-chevron-nvidia-marathon-oil-raytheon-technologies-or-marathon-petroleum/ | 2022-08-22T16:17:35Z |
One of the largest health systems in Georgia to equip security officers with TASER 7 devices, as well as provide de-escalation tools and training, to promote a safer hospital environment
SCOTTSDALE, Ariz., Sept. 7, 2022 /PRNewswire/ -- Axon (Nasdaq: AXON), the global leader in connected public safety technologies, announced today that Wellstar Health will equip hospital security officers across their network of Georgia hospital campuses with de-escalation tools and training, as well as TASER 7 energy devices.
With more than a dozen facilities across the state of Georgia, Wellstar Health serves one out of six Georgians and has more than 24,000 employees. Wellstar's commitment to protecting their patients and team members has led their focus on workplace violence prevention, de-escalation tactics, and providing a safe environment for patients, staff and visitors. The system has provided security team members with TASER 7 devices to enhance those de-escalation and violence prevention efforts.
"Our mission is to enhance the health and wellbeing of every person we serve at our Wellstar facilities. That includes ensuring the safety of our patients and staff," says Adrian Arriaga, Executive Director of Security Services, Wellstar Health System. "By providing our security personnel with the latest de-escalation tools and training, we will be able to provide the best and safest care environment across the state of Georgia."
"We are pleased to partner with Wellstar as they deploy TASER 7 devices across their campuses," says Axon Strategic Account Executive, David Arth. "With this deployment, Wellstar is demonstrating their commitment to a cutting-edge healthcare security operation that provides patients, guests and staff with a safer environment."
Wellstar Health joins hundreds of other innovative hospital systems adopting Axon safety technologies in the US. Axon is also bringing its network of advanced technology solutions to commercial and private security markets, allowing these industries to benefit from the same transparency and efficiency capabilities that the Axon Ecosystem is driving in public safety.
Axon is a network of devices, apps and people that helps public safety personnel become smarter and safer. With a mission of protecting life, our technologies give customers the confidence, focus and time they need to keep their communities safe. Our products impact every aspect of a public safety officer's day-to-day experience with the goal of helping everyone get home safe.
We work hard for those who put themselves in harm's way for all of us. To date, more than 270,000 lives and countless dollars have been saved with the Axon Network of devices, apps and people. Learn more at www.axon.com or by calling (800) 978-2737. Axon is a global company with headquarters in Scottsdale, Ariz. and global software engineering hub in Seattle, Wash., as well as additional offices in Australia, Canada, Finland, Vietnam, the UK and the Netherlands.
Non-Axon trademarks are property of their respective owners. Axon, Axon Network, TASER 7 and the Delta Logo are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information, visit www.axon.com/legal. All rights reserved.
- Axon on Twitter: https://twitter.com/axon_us
- Axon on Facebook: https://www.facebook.com/Axon.ProtectLife/
Please visit http://investor.axon.com, https://www.axon.com/press, www.twitter.com/axon_us and https://www.facebook.com/Axon.ProtectLife/ where Axon discloses information about the company, its financial information and its business.
Media Contact:
Corinne Clark
Axon Public Relations Manager
Press@axon.com
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SOURCE Axon | https://www.wibw.com/prnewswire/2022/09/07/wellstar-health-partners-with-axon-enhance-hospital-security-de-escalation/ | 2022-09-07T12:08:58Z |
- RDK community expands to more than 600 technology companies
- Continued adoption across Europe, North America, Latin America, and Asia
PHILADELPHIA, Sept. 7, 2022 /PRNewswire/ -- RDK Management (RDK) today announced details about the continued adoption of the RDK open source software platform used to power customer-premises equipment (CPE) from broadband and video service providers worldwide.
"Surpassing 100 million RDK device deployments is a testament to the central role RDK now plays at cable, telco, and satellite providers around the globe," said Jason Briggs, President and General Manager of RDK. "RDK has evolved into a versatile software platform that provides operators with consistency and efficiencies across CPE manufacturers, chipset suppliers, and their diverse footprints of transport networks. Members of the community are also exploring new ways to extend the use of RDK into other areas, such as connected TVs, 5G fixed wireless gateways, and more. It's certainly an exciting time for RDK, and our team is fully committed to providing the support and tools our community needs to achieve their technical and business objectives."
The number of RDK devices deployed globally rose to 100 million, up from 80 million last year. RDK is currently deployed across dozens of leading service providers throughout Europe, North America, Latin America, and Asia. Service providers with public RDK deployments include: Atlantic Broadband, BCN, Claro, Comcast, Cox, Deutsche Telekom, J:COM, KabelPlus, Liberty Global, Mediacom, Megacable Melita, NOS, Nuuday, Rogers, SFR (part of Altice Europe), Shaw, Sky, Stofa, Telcom Argentina, Toya, Vectra, Vidéotron, Vodafone, VOO, VTR, WOW, Ziggo, and others.
RDK also shared that there are more than 600 technology companies within the RDK community, up from about 500 last year. These companies span leading SoC companies, CE manufacturers, software developers, system integrators, and service providers.
RDK is available at no cost to companies who want to access code, collaborate, develop, and submit software contributions back to the RDK community. For those organizations who need additional technical support or want to promote their activity more actively within the community, RDK offers Preferred and Preferred Plus memberships. Over the past year, RDK also established a RDK Technical Advisory Board (RTAB) for experienced RDK advocates and contributors to drive innovation and technical roadmap development for the RDK community. Recent additions to the RTAB include Beegol, Consult Red, DTVKit, Sagemcom, and Tata Elxsi.
RDK is an open source software platform that standardizes core functions used in video, broadband, and IoT connected devices. By standardizing these functions, service providers can develop and deploy applications and services, across various hardware platforms. A key to RDK's growing adoption is that device provisioning, data diagnostics, reporting, and telemetry are consistent across all RDK software profiles, enabling service providers to manage video, broadband and cameras in a uniform way.
For video, RDK software is also available as part of the RDK Video Accelerator program, which provides development and deployment-ready set-top boxes from leading OEMs. More than 30 suppliers and RDK members are involved in providing products and services to support the RDK Video Accelerator program. In addition, leading premium app companies are launching RDK-specific scaling programs and adopting the Lightning™ App development framework.
For broadband, RDK software provides common support across DOCSIS, DSL, and GPON gateways for routing, Wi-Fi, device management, diagnostics, DNS, and IoT interfaces, such as Bluetooth, Thread and Zigbee. RDK software is also available for IP-connected cameras, delivering common methods to support live video feeds, continuous video recording, motion detection, and watermarking.
Additional information about RDK is available at www.rdkcentral.com.
RDK Management is an open source consortium that manages RDK for the global community. RDK is an open source software platform that standardizes core functions used in broadband, video, and IoT devices. RDK enables service providers to control their device diagnostics data, business models, and apps to improve the customer experience and drive business results. The RDK community is comprised of more than 600 companies including CPE manufacturers, SoC vendors, software developers, system integrators, and service providers. For more information on the tools, training, and events provided by RDK Management, please visit: www.rdkcentral.com.
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SOURCE RDK Management | https://www.mysuncoast.com/prnewswire/2022/09/07/rdk-software-platform-surpasses-100-million-device-deployments-across-leading-cable-telco-satellite-service-providers/ | 2022-09-07T05:41:55Z |
ST. PAUL, Minn., June 30, 2022 /PRNewswire/ -- 3M (NYSE: MMM) has entered into an agreement to sell its rights to the Neoplast™ and Neobun™ brands and related assets in Thailand and certain other Southeast Asia countries, including the manufacturing assets of its Ladlumkaew, Thailand, facility to Selic Corp Public Company Limited (Selic), a company focusing on bonding innovation serving various industries.
Neoplast and Neobun products, sold primarily in Thailand and Southeast Asia, are part of the Skin Health & Wellness business in 3M's Consumer Health & Safety Division. The portfolios include sports and medical tapes, bandages and medicated products for the consumer and health care industry.
As part of ongoing strategic portfolio management, 3M has decided to exit these brands and prioritize other areas within its Consumer Health & Safety Division (CHSD).
"3M continues to relentlessly prioritize investments that leverage 3M's technologies in advanced wound care solutions under the Nexcare™ brand in skin health and wellness for the consumer," said Megan Selby, President, 3M CHSD. "We will continue to invest in health and safety for our Asia customers and those around the world."
3M previously announced that it would discontinue all manufacturing in the Ladlumkaew plant and close the facility by the end of August 2022. This will impact approximately 250 3M Thailand employees who are eligible for severance and outplacement assistance.
Selic has indicated that it intends to establish operations at the facility, including employment of interested site employees, to scale up production of Neoplast and Neobun brands and further product development for its medical device business.
The sale is expected to be completed in the fourth quarter of 2022.
The sale will not have a material impact on 3M's financial results.
Forward-Looking Statements
This press release contains forward-looking information about 3M's financial results and estimates and business prospects that involve substantial risks and uncertainties. You can identify these statements by the use of words such as "anticipate," "estimate," "expect," "aim," "project," "intend," "plan," "believe," "will," "should," "could," "target," "forecast" and other words and terms of similar meaning in connection with any discussion of future operating or financial performance or business plans or prospects. Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, regulatory, international trade and other external conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) risks related to public health crises such as the global pandemic associated with the coronavirus (COVID-19); (3) foreign currency exchange rates and fluctuations in those rates; (4) liabilities related to certain fluorochemicals, including lawsuits concerning various PFAS-related products and chemistries, and claims and governmental regulatory proceedings and inquiries related to PFAS in a variety of jurisdictions; (5) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10-K for the year ended Dec. 31, 2021, and any subsequent quarterly reports on Form 10-Q (the "Reports"); (6) competitive conditions and customer preferences; (7) the timing and market acceptance of new product offerings; (8) the availability and cost of purchased components, compounds, raw materials, energy (including oil and natural gas and their derivatives) and labor due to shortages, increased demand and wages, logistics, supply chain interruptions or manufacturing site disruption (including those caused by natural and other disasters and other events such as government actions); (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) the impact of acquisitions, strategic alliances, divestitures and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (11) operational execution, including scenarios where the Company generates fewer productivity improvements than estimated; (12) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; (13) the Company's credit ratings and its cost of capital; and (14) tax-related external conditions, including changes in tax rates, laws or regulations. Changes in such assumptions or factors could produce significantly different results. A further description of these factors is located in the Reports under "Cautionary Note Concerning Factors That May Affect Future Results" and "Risk Factors" in Part I, Items 1 and 1A (Annual Report) and in Part I, Item 2 and Part II, Item 1A (Quarterly Reports), as updated by applicable Current Reports on Form 8-K. The information contained in this press release is as of the date indicated. The Company assumes no obligation to update any forward-looking statements contained in this press release as a result of new information or future events or developments.
About 3M
At 3M, we apply science in collaborative ways to improve lives daily as our employees connect with customers all around the world. Learn more about 3M's creative solutions to global challenges at www.3M.com or on Twitter @3M or @3MNews.
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SOURCE 3M | https://www.wibw.com/prnewswire/2022/07/01/3m-sell-rights-neoplast-neobun-brands-related-assets-thailand-certain-other-southeast-asia-countries/ | 2022-07-01T03:42:54Z |
SHANGHAI, Sept. 2, 2022 /PRNewswire/ -- Neukio Biotherapeutics, a company committed to developing novel cell therapy products, announces it has closed $50 million in a Series A-1 funding round. The investment round was led by CD Capital, with the participation of Alwin Capital and Surplus Capital as new investors. Existing shareholders Lilly Asia Ventures, Sherpa Healthcare Partners and IDG Capital have continued to support the company with additional funding. G&G Capital served as the exclusive financial adviser. The funds raised will play important roles in accelerating the preclinical and clinical validation of induced pluripotent stem cell (iPSC)-derived off-the-shelf CAR-NK cell therapy products, and supporting team recruitment and expansion.
Neukio, founded at the Simbay Park in Shanghai Pilot Free Trade Zone (China) in June 2021, is an innovative biotherapeutic company focusing on the development and commercialization of next generation immune cell therapy. Leveraging its significant experience in the R&D, CMC and commercialization of autologous CAR-T cell therapy, Neukio's management team has established an iPSC-CAR-NK-based pipeline development strategy, aiming to launch allogenic off-the-shelf cell therapy products that can be produced in scale for treating solid tumors. The company focuses on both in-house R&D innovation and global collaboration with leading partners, to provide valuable clinical solutions for cancer patients worldwide. Since its establishment just over one year ago, the company has made remarkable progress in talent recruitment, facility construction, R&D pipeline advancement and quality management system establishment, exceeding all expectations.
Dr. Richard Liqun Wang, founder, chairman and CEO of Neukio and former founding CEO of Fosun Kite Biotechnology Co., Ltd., has successfully brought China's first CAR-T cell therapy product Yescarca (Axicabtagene Ciloleucel) to the market in less than four years, laid foundation for the cell therapy industry in China. To address the challenges in manufacturing, clinical application, and patient access of autologous cell therapy, Dr. Wang and the Neukio team are aiming high to create novel cell therapies for the benefit of cancer patients by exploiting the clonality and unlimited replication capability of iPSCs in conjunction with cutting-edge gene editing technologies.
Dr. Wang commented: "In as little as 10 months since the operation of our new laboratories, not only have we completed several signaling pathway modifications and CAR designs tailored for solid tumors, but also we have made significant progress in the development of innovative manufacturing processes of NK differentiation and expansion. In today's challenging environment of capital market, we are honored to have received recognition from CD Capital, Alwin Capita, Surplus Capital, and previous investors of Sherpa Healthcare Partners, Lilly Asia Ventures and IDG Capital on our R&D strategy, development capabilities and project progress. I am very grateful to all investors and to G&G Capital and Silkroad Law Firm for their support in this round of financing, and we will reward them with rapidly moving forward in the preclinical and clinical validation of our R&D platform and products. The field of cell therapy is rapidly advancing with a promising future and a huge market potential, and iPSC-CAR-NK therapy has the potential to become one of the brightest stars of next generation cell therapy."
"The transition from traditional small molecules and antibodies to the era of cell therapy is a great leap in drug design and manufacturing capabilities of human being," said CD Capital, the leading investor in this round of financing. "With the commercialization of autologous CAR-T cell products, more and more improvement opportunities have emerged and need to be taken urgently. In the field of cell therapy, CD Capital continues to focus on innovations and breakthroughs in allogenic products to conquer solid tumors. Neukio has been deeply committed to iPSC-CAR-NK cell therapy. Within a short time of its establishment, Neukio has built up global leading technology platforms efficiently in both scientific innovation and process development, demonstrating its strong execution capability and efficiency. We hope that the company, under the leadership of Dr. Wang, will adhere to pragmatism, efficiency, and innovation, leading the advancement of the industry, and bringing a new generation of allogenic cell therapy products to the clinical application as soon as possible for the benefit of patients."
About CD Capital
CD Capital is an investment organization focusing on innovative medical technologies and cutting-edge biotechnologies. Run by a professional team with senior medical industry background, it is managing multiple USD and RMB funds. By adhering to the investment philosophy of "focus, excellence, and reputation" and by leveraging its abundant industrial resources and years of in-deep research and cultivation in the medical field, CD Capital is able to get first-hand insight into the latest international scientific and technological trends and seize the investment opportunities brought by technological innovation. CD Capital is committed to identifying top enterprises with leadership potential in the industry, builds an industrial ecosystem and grows together with entrepreneurs through the interconnected and win-win investment methodology and a precise and pragmatic post-investment empowerment system, and creates sustainable and excellent returns for investors.
About Alwin Capital
Focusing on the frontier areas of life sciences, Alwin Capital conducts in-deep research, unifies knowledge and practice, walks in non-consensus areas, and invests objectively and truthfully in real opportunities for medical transformation. With a core team formed by the veterans in both industry and capital market, Alwin Capital believes in the power of research, is committed to long-term investment, steadily builds the enterprise ecology, and strives to obtain systematic excess returns for investors.
About Surplus Capital
Surplus Capital is committed to discovering and supporting medical enterprises that promote the health of all humankind. It focuses on subdivision areas such as innovative drugs and innovative medical devices, and adopts diversified investment strategies to pay attention to all stages of enterprise development, including start-up, growth and maturity. Surplus Capital also cultivates seed-stage project sources, and invests and assists in the incubation of high-quality seed-stage projects to help enterprises create value.
About Lilly Asia Ventures
Founded in 2008, Lilly Asia Ventures (LAV) is a leading venture fund firm focusing on investment in the life sciences and healthcare sectors with offices in Shanghai, Hong Kong, and Silicon Valley. LAV is committed to being a trusted partner for exceptional entrepreneurs seeking smart capital, and looks forward to working with top entrepreneurs to build great companies developing breakthrough products that treat diseases and improve human health.
About Sherpa Healthcare Partners
Sherpa Healthcare Partners (Sherpa) is a professional fund firm focusing on early-stage medical and health investment. It adheres to the investment concept of building industry ecology, builds portfolios for rigid unmet medical needs on the basis of in-depth understanding of the treatment of critical diseases, and plans the layout along the industry depth and upstream and downstream. By actively sharing operational experience and forward-looking perspectives of the whole industrial chain with the invested enterprises, the team from Sherpa actively promotes internal and external synergy, helping enterprises achieve rapid growth in both business performance and value and take a leading position in their market segments. It has invested in leading enterprises in such subdivisions as medical services, medicine, genetic technology and medical devices, forming a full range of resource advantages in project sources, post-investment value-added services, exits, etc. From 2011 to 2022, after 4 fund years and more than 100 medical projects, Sherpa has grown up hand in hand with many outstanding entrepreneurs.
About IDG Capital
IDG Capital pioneered the venture capital business in China in 1993. For years, IDG Capital consistently pursues long-term value investment and maintains long-term close relationships with diverse investment partners from around the world. IDG capital has accumulated extensive investment experience in venture capital, private equity and industrial development. It has the following areas of focus, including consumer goods, chain services, Internet and wireless applications, new media, education, health care, new energy, advanced manufacturing, etc. The investment covers companies at all stages of development: start-up, growth, maturity and pre-IPO, with a size of investment ranging from millions to tens of millions of U.S. dollars.
For more information and updates on Neukio Therapeutics, please visit the company's website at www.neukio.com.
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SUGAR LAND, Texas and LOS ANGELES, June 24, 2022 /PRNewswire/ -- Trecora Resources (NYSE: TREC) ("Trecora" or the "Company") and Balmoral Swan MergerSub, Inc. (the "Purchaser"), an affiliate of Balmoral Funds, LLC (together with its consolidated subsidiaries, "Balmoral") today announced the successful completion of the previously commenced cash tender offer by the Purchaser to purchase all of the issued and outstanding shares of common stock of Trecora (collectively, the "Shares").
The tender offer expired at 12:00 A.M., New York City time on June 24, 2022. As of the expiration of the tender offer, a total of 16,781,352 Shares were validly tendered and not withdrawn from the tender offer, representing approximately 70.73% of the aggregate voting power of the Shares. As of such expiration, all conditions to the tender offer have been satisfied or waived. Purchaser has accepted for payment, and expects to promptly pay for, all such Shares validly tendered and not withdrawn in accordance with the terms of the tender offer.
As a result of its acceptance of the Shares tendered in the tender offer, Purchaser has acquired a sufficient number of Shares to close the merger of Purchaser with and into the Company without the affirmative vote of the Company's stockholders pursuant to Section 251(h) of the Delaware General Corporation Law. The parties expect to consummate the merger on June 27, 2022. In connection with the merger, the remaining outstanding shares will be converted into the right to receive $9.81 per Share in cash, without interest and subject to any required tax withholdings (which is the same amount per Share paid in the tender offer). As a result of the tender offer and the merger, Trecora will become a privately-held, indirect wholly-owned subsidiary of Balmoral and Trecora's common stock will cease trading on the New York Stock Exchange.
Blank Rome LLP is acting as legal advisor to Balmoral. Guggenheim Securities, LLC served as financial advisor to the Company and Morgan, Lewis & Bockius LLP served as its legal advisor.
About Trecora Resources
Trecora owns and operates a specialty petrochemicals facility specializing in high purity hydrocarbons and other petrochemical manufacturing and a specialty wax facility, both located in Texas, and provides custom processing services at both facilities.
About Balmoral Funds
Balmoral is a Los Angeles, CA based private equity fund that was founded in 2005. Balmoral's objective is to be the financial partner of choice for entrepreneurial, emotionally intelligent and successful C-suite executives and operating advisors creating transformative, revitalizing change in the businesses they co-invest in together. Balmoral has approximately $1 billion of assets under management. Balmoral typically invests in companies that have revenues between $30 to $500 million and require equity investments of $10 to $75 million, with the capability of doing more in particularly compelling opportunities.
Forward-Looking Statements
Any forward-looking statements, including, but not limited to, statements regarding the transaction between Balmoral and Trecora, strategic and other potential benefits of the transaction, and other statements about Balmoral's or Trecora's future expectations, beliefs, goals, plans or prospects, are subject to risks and uncertainties such as those described under the heading "Risk Factors" in the Company's periodic reports on file with the U.S. Securities and Exchange Commissions ("SEC"). These statements speak only as of the date of this press release and are based on Balmoral's and Trecora's current plans and expectations and involve risks and uncertainties that could cause actual future events or results to be different from those described in or implied by such forward-looking statements, including risks and uncertainties regarding: changes in financial markets; changes in economic, political or regulatory conditions; changes in facts and other circumstances and uncertainties concerning the proposed transaction; and other factors set forth from time to time in Trecora's SEC filings, including its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, as well as the tender offer statement, solicitation/recommendation statement and other tender offer documents filed by Balmoral and Trecora, as applicable. Except as required by applicable law or regulation, Balmoral and Trecora do not undertake any obligation to update or revise any such forward-looking statements to reflect future events or circumstances.
Investor Contact
Jeremy Hellman, CFA
The Equity Group, Inc.
(212) 836-9626
jhellman@equityny.com
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SOURCE Trecora Resources | https://www.mysuncoast.com/prnewswire/2022/06/24/trecora-resources-balmoral-swan-mergersub-inc-announce-completion-tender-offer-all-outstanding-shares-trecora-resources/ | 2022-06-24T13:18:53Z |
SANTA CLARA, Calif., Sept. 7, 2022 /PRNewswire/ -- SVB Financial Group (NASDAQ: SIVB), the financial partner for the innovation economy and parent of Silicon Valley Bank, today announced that CFO Dan Beck will participate in a fireside chat at the Barclays Global Financial Services Conference on Monday, September 12, 2022, at 7:30 a.m. EDT.
A live audio webcast of the event will be available on the investor relations section of the SVB website at ir.svb.com. An audio replay of the call will be available beginning at noon EDT on September 12, 2022.
SVB is the financial partner of the innovation economy, helping individuals, investors and the world's most innovative companies achieve their ambitious goals. SVB's businesses - Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities - together offer the services that dynamic and fast-growing clients require as they grow, including commercial banking, venture investing, wealth planning and investment banking. Headquartered in Santa Clara, California, SVB operates in centers of innovation around the world. Learn more at svb.com/global.
SVB Financial Group (SVB) (Nasdaq: SIVB) is the holding company for all business units and groups. © 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, SVB SECURITIES, SVB PRIVATE, SVB CAPITAL and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group. [SIVB-F]
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SOURCE SVB Financial Group | https://www.kxii.com/prnewswire/2022/09/08/svb-financial-group-cfo-participate-fireside-chat-hosted-by-barclays/ | 2022-09-08T03:02:15Z |
CEO of Integrity awarded for his outstanding efforts to build and support a diverse workforce by Comparably, a widely respected company reputation platform
DALLAS, July 25, 2022 /PRNewswire/ -- Integrity Marketing Group, LLC ("Integrity"), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced Co-Founder and CEO Bryan W. Adams has won a 2022 "Best CEO for Diversity" award from Comparably, a well-respected organization that recognizes top-ranked CEOs and companies. Integrity joins the ranks of other noteworthy award winners in the large employer category, which has included Adobe, Microsoft, ADP, IBM, Uber and Hubspot, among others.
Derived from 15 million ratings across 70,000 companies, the list of "Best CEOs for Diversity" is unique from other awards because it is based on anonymous feedback from Integrity's nearly 6,000 employees.
"I am honored to receive this award because it reinforces and validates our ongoing efforts to build a culture that puts people first in everything we do," said Bryan W. Adams. "We work with incredible people who understand that diverse voices lead to better decision making and greater innovation. Integrity is an organization that proactively seeks and creates opportunities to celebrate and activate our core values of Integrity, Respect, Family, Service and Partnership. We are constantly working to make Integrity one of the best places in the country for talented people to build exceptional careers."
Integrity offers every eligible employee an ownership stake in the company from day one through their innovative and generous Integrity Employee Ownership Plan. The company also provides many employee-culture focused events throughout the year, including Women's Month, Diwali and Juneteenth celebrations, among others.
"At Integrity, we pride ourselves on building a culture that acknowledges the broad diversity of our employees — it's part of our winning strategy," shared Rachelle McReynolds, Chief HR Officer and VP of People & Culture. "It wouldn't be possible without Bryan's enthusiastic support and personal championship of these efforts. As a leader, he is passionate about creating an environment that includes the unique perspectives and potential of all Integrity team members, and he consistently demonstrates this commitment not only in word, but in action."
"Bryan is incredibly well deserving of this award — I am continuously impressed by the lengths he will go to build a strong employee culture," stated Steve Young, Chairman of Integrity's Board of Directors. "His knowledge of the industry and how his employees fit into its larger picture have shaped his vision. By putting his team and his people first, Bryan has created a culture that supports and invigorates Integrity's mission to serve the life, wealth and health needs of more Americans. His efforts are paving the way for other companies in this field to establish best practices that will surely become the industry standard."
For more information about Integrity's workplace culture, visit www.integritymarketing.com/Culture.
Integrity, headquartered in Dallas, Texas, is a leading distributor of life and health insurance, and provider of innovative solutions for wealth management and retirement planning. Through its partner network, Integrity helps millions of Americans protect their life, health and wealth with a commitment to meet them wherever they are — in person, over the phone and online. Integrity's cutting-edge technology helps streamline the insurance and financial planning experience for all stakeholders. In addition, Integrity develops products with carrier partners and markets them through its distribution network of agencies, brokerages and RIAs throughout the nation. Integrity's nearly 6,000 employees work with more than 450,000 agents and advisors who serve over 10 million clients annually. In 2022, Integrity will help carriers place more than $12 billion in new sales and oversee more than $20 billion of assets under management and advisement through its RIA and broker-dealer platforms. For more information, visit www.integritymarketing.com.
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SOURCE Integrity Marketing Group, LLC | https://www.mysuncoast.com/prnewswire/2022/07/25/bryan-w-adams-named-best-ceo-diversity-comparablys-top-100-awards/ | 2022-07-25T21:50:51Z |
That's the result of NASA's Flight Readiness Review, which was conducted on Monday. The review was an in-depth assessment of the readiness of the 322-foot-tall (98-meter-tall) stack, consisting of the Space Launch System rocket and Orion spacecraft, currently sitting on the launchpad at NASA's Kennedy Space Center in Florida.
The Artemis team is targeting its first two-hour launch window from 8:33 a.m. ET to 10:33 a.m. ET on Monday, August 29. There are backup launch windows on September 2 and September 5.
The rocket stack arrived at the launchpad on August 17 after leaving the Vehicle Assembly Building after a 4-mile (6.4-kilometer) ride aboard one of the Apollo-era giant NASA crawlers from the assembly building to the launchpad -- just like the shuttle missions and Apollo Saturn V rockets once did.
The uncrewed Artemis I will launch on a mission that goes beyond the moon and returns to Earth. Once it launches, the spacecraft will reach a distant retrograde orbit around the moon, traveling 1.3 million miles (2.1 million kilometers) over the course of 42 days. Artemis I will splash down in the Pacific Ocean off the coast of San Diego on October 10. Orion's return will be fast and hotter than any spacecraft has ever experienced on its way back to Earth.
The Orion spacecraft will travel farther than any spacecraft built for humans has ever flown, reaching 40,000 miles (64,000 kilometers) beyond the far side of the moon, according to NASA.
There are no humans onboard, but Orion will carry 120 pounds (54.4 kilograms) of mementos, including toys, Apollo 11 items and three mannequins.
Sitting in the commander's seat of Orion will be Commander Moonikin Campos, a suited mannequin that can collect data on what future human crews might experience on a lunar trip. The mannequin will wear the new Orion Crew Survival System suit designed for astronauts to wear during launch and reentry. The suit has two radiation sensors.
This mission will kick off NASA's Artemis program, which aims to return humans to the moon and land the first woman and first person of color on the lunar surface by 2025 -- and eventually make way for human exploration of Mars.
Artemis I will also carry a number of science experiments, some of which will be installed once the rocket and spacecraft arrive at the launchpad.
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South Korea and the United States put on an aerial show of force to North Korean leader Kim Jong Un on Tuesday, flying 20 fighter jets over waters west of the Korean Peninsula in response to Pyongyang's recent missile tests.
The allies sent the jets -- South Korean F-35A, F-15K and FK-16 fighters and US F-16s -- over the Yellow Sea, known as the West Sea in South Korea, on Tuesday morning following North Korea's launch of eight short-range ballistic missiles on Sunday.
"South Korea and the US have demonstrated their strong ability and will to strike quickly and accurately against any North Korean provocations by demonstrating their combined defense capabilities and posture through this combined air force demonstration flight," South Korea's Defense Ministry said on Tuesday.
The flights came amid renewed fears that Pyongyang is on the verge of carrying out a new nuclear weapons test.
The International Atomic Energy Agency (IAEA) said on Monday that North Korea may have opened an access way to its underground nuclear testing site.
That report follows an assessment from US military and intelligence agencies last month that North Korea could be ready to resume underground nuclear testing at its Punggye-ri site, based on satellite images showing signs of personnel and vehicle activity there.
Punggye-ri, which has been the site of all six of North Korea's nuclear tests to date, was partly dismantled in 2018 as part of an agreement between Pyongyang, Washington and Seoul.
North Korea's nuclear weapons program has been banned by the United Nations, and Pyongyang has not tested a nuclear weapon since 2017.
But this year it has repeatedly tested missiles that could possibly carry a nuclear warhead, including intercontinental ballistic missiles that could reach the US mainland. Sunday's launch of eight ballistic missiles was the 17th time this year the Kim regime has staged such tests.
South Korea and the US responded on Monday with eight missile launches of their own, the third time time this year they have staged tit-for-tat missile tests.
Displays of South Korea's fighter jet arsenal are not uncommon.
Twice this year, Seoul has shown off its fleet of F-35A stealth fighters, with dozens of the jets lining up on a runway in what the military refers to as "elephant walks" -- a display of hardware meant to send a message to potential adversaries.
Seoul's tone toward North Korean aggression has toughened since the election of new South Korean President Yoon Suk Yeol, who took office on May 10. Yoon has consistently emphasized his desire to strengthen the South's military -- a departure from predecessor Moon Jae-in, who had promoted dialogue and peaceful reconciliation.
Yoon vowed to respond "firmly and sternly" to North Korean provocations during a speech marking South Korea's Memorial Day on Monday.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/south-korean-and-us-fighter-jets-in-show-of-force-to-kim-jong-un-amid/article_a44520e7-dc1a-54e6-9245-d098a95d2e8b.html | 2022-06-07T08:47:49Z |
Which toner for combination skin is best?
Toners are an often overlooked part of any skin care routine. Here’s why they shouldn’t be: Toners help rehydrate your skin as well as prepare it for serums, chemical exfoliants, moisturizers and other skin treatments. That means toners actually help balance out your skin care routine and enhance the effects of other products.
As shown in a 2016 study, repeated application of toners improves the overall hydration of skin.
How to choose a toner for combination skin
There are a few qualities you should look for when picking a toner for combination skin. It may feel counterproductive, but hydrating elements can actually help to control excess oil production while also treating the dry spots of combination skin. Avoid toners that are alcohol-based due to the severe drying effect or toners that are oil-based, which can clog pores and lead to breakouts. Here are a few beneficial items to search for on the ingredient list:
- Niacinamide (Vitamin B3): This vitamin helps strengthen the skin barrier and balance oil production.
- Aloe vera: It offers powerful hydration while softening and removing dead skin cells, which will help to balance out tricky combination skin.
- Witch hazel: It breaks through excess oil without causing excessive dryness.
- Hydrogenated starch hydrolysate: This carbohydrate syrup is excellent at helping the skin retain moisture, and it is also a generally inexpensive ingredient, meaning toners that list this ingredient can keep your skin hydrated without dehydrating your wallet.
- Glycolic Acid (or other alpha hydroxy acids): These acids are powerful exfoliators that help keep oily T-zones from clogging without being overly drying. Even if drying does occur, glycolic acid allows the skin to more readily absorb successive serums or moisturizers that can combat this issue.
How to use a toner
Although there is some variation, most toners are recommended to be used after a cleanser. Before picking a toner, make sure that you have the best facial cleanser for your skin already incorporated into your routine. Toners are usually packaged in slow-pour bottles, which allows them to be easily applied to either a cotton face pad or fingertips. Once administered, toners should be applied to the skin in a circular motion, working from the center of the face outwards.
Best toners for combination skin
Top toner for combination skin
Dermalogica Multi-Active Toner
This toner is water-based, gentle and ready to tackle redness, dryness and uneven texture. This toner also boasts a unique application, coming in a spray bottle instead of the typical pour bottle, meaning there is no need for a cotton-pad application. Soothing ingredients — such as aloe and lavender extract — deeply moisturize, soothe and refresh dull skin. This gentle yet powerful toner even comes in a convenient travel size.
Sold by Dermalogica, Sephora and Ulta
Top toner for combination skin for the money
Simple Kind to Skin Facial Toner
This affordable toner stretches each dollar on its price tag to the maximum with ingredients like hydrogenated starch hydrolysate, which helps the skin retain moisture, and allantoin to soothe dry, irritated areas. Users love how gentle this toner is on sensitive skin and the fact that it is 100% vegan and cruelty-free.
Sold by Amazon
Top toner for minimizing pores in combination skin
Paula’s Choice Skin Balancing Pore Reducing Toner
This water-based toner from Paula’s Choice packs a heavy punch to combination skin while also minimizing the appearance of large pores through its use of niacinamide (vitamin B3), which helps strengthen the skin’s natural barrier. The lightweight moisturizing effect this toner has helps control the skin’s oil production while also treating dry spots. Users love this product due to its ability to deliver noticeable results in as little as one week of consistent use.
Sold by Amazon
Top toner for acne-prone combination skin
Murad is known for its arsenal of acne-fighting products and stays true to that cause with this popular toner. The water-based formula includes witch hazel to dissolve oil and algae extract to help control sebum production. Users praise this toner for its ability to noticeably clear breakouts quickly without overly drying the skin.
Sold by Murad, Sephora and Ulta
Top anti-aging toner for combination skin
Paula’s Choice Resist Weightless Advanced Repairing Toner
This toner harnesses ingredients like niacinamide (vitamin B3) and peptides to help soften fine lines and tighten skin. This, in combination with secret-weapon ingredient resveratrol, helps fortify your skin’s natural barrier, which helps protect against future environmental damage. This formula is also effective in smoothing out rough and bumpy skin texture, leaving a flawless finish.
Top brightening toner for combination skin
The Ordinary Glycolic Acid 7% Toning Solution
Popular skin care brand The Ordinary harnessed the exfoliating power of glycolic acid in this popular toner to reduce hyperpigmentation and acne scars, leaving a bright and radiant skin after regular use. Due to this high concentration of glycolic acid, users with sensitive skin should be cautious if they want to use this toner daily, but visible results can still be seen with only a few uses per week.
Top scented toner for combination skin
Thayers Alcohol-Free Rose Petal Witch Hazel Facial Toner with Aloe Vera Formula
While scents can be a pleasant part of your skin care routine, added fragrances can sometimes cause irritation to skin. Thayers avoids this with its gentle aloe vera formula that keeps the skin hydrated and soothed throughout the day without becoming greasy. If the rose petal scent isn’t for you, this toner also comes in lavender, coconut water and cucumber scents.
Sold by Amazon, Ulta and Bed Bath & Beyond
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/beauty-personal-care-br/skin-treatments-br/best-toner-for-combination-skin/ | 2022-06-12T11:26:47Z |
BISMARCK, N.D., July 19, 2022 /PRNewswire/ -- MDU Resources Group, Inc. (NYSE: MDU) will webcast its second quarter 2022 earnings conference call at 2 p.m. EDT Aug. 4. The company will release its second quarter results before U.S. financial markets open.
The webcast can be accessed at www.mdu.com under the "Investor Relations" heading. Select "Events & Presentations," and click "Q2 2022 Earnings Conference Call." Audio and webcast replays will be available. Audio will be available through Aug. 18 at 888-203-1112, or 719-457-0820 for international callers, passcode ID 3010359.
About MDU Resources
MDU Resources Group, Inc., a member of the S&P MidCap 400 and the S&P High-Yield Dividend Aristocrats indices, is Building a Strong America® by providing essential products and services through its regulated energy delivery and construction materials and services businesses. For more information about MDU Resources, visit www.mdu.com or contact the Investor Relations Department at investor@mduresources.com.
Financial Contact: Brent Miller, director of financial projects and investor relations, 701-530-1730
Media Contact: Laura Lueder, manager of communications and public relations, 701-530-1095
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SOURCE MDU Resources Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/19/mdu-resources-schedules-webcast-second-quarter-2022-earnings-conference-call/ | 2022-07-19T16:36:53Z |
AUSTIN (Nexstar) — Hillary Clinton is the latest high-profile woman to defend Finnish Prime Minister Sanna Marin, who received backlash after footage of her singing and dancing was leaked earlier this month.
Former Secretary of State Hillary Clinton tweeted a photo of her dancing in Colombia, borrowing a related quote from the late Ann Richards, former governor of Texas, that reads: “Ginger Rogers did everything that Fred Astaire did. She just did it backwards and in high heels.”
In 1988, Richards gave the keynote address at the Democratic National Convention while serving as state treasurer of Texas — a speech seen as a defining moment and launching point for her career.
Richards’ remarks were related to women empowerment — noting Barbara Jordan also made a keynote address at the DNC, making Richards the only other woman to make the keynote speech in 160 years.
“But if you give us the chance, we can perform. After all, Ginger Rogers did everything Fred Astaire did. She just did it backwards and in high heels,” Richards said at the DNC.
The quote became famous and symbolic of women empowerment. Clinton ended her tweet with a nod to Finland’s 36-year-old prime minister, telling Marin to “keep dancing.”
Prime Minister Marin has defended herself, saying she was “disappointed” the video of her dancing and singing became public. She told a Finnish newspaper she was not using drugs other than alcohol.
“I have not used drugs myself or anything other than alcohol. I’ve danced, sung and partied and done perfectly legal things. I have also not been in a situation where I would know that others are doing it that way,” Marin said, according to the Hufvudstadsbladet newspaper.
Marin became Finland’s youngest prime minister ever in December 2019 and said she spends her leisure time doing what other young friends her age do. In a tearful speech to her Social Democratic Party last week, the Finnish leader pleaded with the public to judge her by her work and not her social habits.
“I am also human,” Marin said according to Finnish media. “I do my job. I learn from this … but I want to believe that people look at the work we do, not what we do in our free time,” she reportedly said.
Finland is considered to be a strong nation in the European Union in terms of its gender equity, ranking consistently high in the EU’s gender equality index.
Many have criticized Marin, calling the partying video “poor judgement” on her part. At the same time, the video has resonated with women worldwide — posting videos with the hashtag, #solidaritywithsanna. | https://cw33.com/news/texas-politics/quoting-ann-richards-hillary-clinton-defends-finnish-pms-dancing-scandal/ | 2022-08-29T18:29:55Z |
3 Florida corrections officers are charged in the alleged beating death of an inmate
By Jamiel Lynch and Elizabeth Wolfe, CNN
Three Florida Department of Corrections officers have been arrested in the alleged beating death in February of an inmate at a prison south of Miami, authorities said.
Ronald Connor, 24, Christopher Rolon, 29, and Kirk Walton, 34, were arrested Thursday by the Florida Department of Law Enforcement, the agency said. They were booked on second-degree murder, conspiracy, aggravated abuse and other charges, online records from the Miami-Dade County Corrections and Rehabilitation show.
All were denied bond on the murder charge, records show. Walton’s attorney, David Donet Jr., declined to comment Friday; it’s not clear if the others have attorneys. A fourth correction officer is still at large, the state law enforcement agency stated in a news release.
Miami-Dade County State Attorney Katherine Fernandez Rundle, whose office will prosecute the case, is expected to release more information about it Friday afternoon.
The case comes as use of force by law enforcement nationwide is under scrutiny following other in-custody deaths.
The incident that led to Thursday’s arrests unfolded on the morning of February 14, when the inmate was scheduled to be transferred from the Dade Correctional Institution to another facility, the agency said. Before being taken from his cell in the mental health unit, he reportedly threw urine on an officer.
Corrections officers then put him in handcuffs and took him from his cell, the agency said. After that, “even though he was in handcuffs and compliant with officer commands, agents say the officers began to beat him,” it said.
“The inmate was beaten so badly he had to be carried to the transport van,” the agency said, adding he was placed in a secure compartment alone.
En route to the other facility, the van stopped in Ocala, Florida, and the prisoner was found dead, lying on a bench inside the van, said the agency, which did not disclose the inmate’s name.
His cause of death was a punctured lung that led to internal bleeding, a medical examiner ruled, adding the man had injuries to his face and torso consistent with being beaten, the agency stated.
“Staff misconduct, abuse or criminal behavior have no place in Florida’s correctional system,” Fernandez Rundle said in a statement. “Individuals who are sentenced to incarceration by our criminal courts have lost their freedom but not their basic rights. Inmates should not be subject to forms of ‘back alley’ justice which are actions in violation of Florida law.”
The staff involved in the case failed, “and as an agency we will not stand for this,” Florida Corrections Secretary Ricky Dixon said in a statement.
His department “is committed to providing a safe and professional environment for inmates and offenders,” Dixon said. “All inmates, regardless of their crimes have a right to serve their time free from victimization and abuse.”
The-CNN-Wire
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CNN’s Melissa Alonso contributed to this report. | https://localnews8.com/news/national-world/cnn-national/2022/04/29/3-florida-corrections-officers-are-charged-in-the-alleged-beating-death-of-an-inmate/ | 2022-04-29T18:07:59Z |
POMPANO BEACH, Fla., May 26, 2022 /PRNewswire/ -- The Board of Directors of Mile Marker Industries, Inc. announced today that Paul Fioravanti, MBA, MPA, CTP, has been named Interim CEO, and Randall Speir, an accomplished automotive industry executive, has been named VP of Operations and Innovation.
According to Fioravanti, "a private investor acquired the business in the summer of 2021 and Mile Marker has a long tradition of quality, product innovation and excellence beginning with its founding in the early 1980's. Mile Marker felt it was time to bring in some experienced transformational leadership to prepare the company for its contemplated next phase of growth as we expand our reach and leverage our technologies to provide solutions with the objective of increasing demand."
Fioravanti replaces former President John Laub.
According to Fioravanti, "Mile Marker has an outstanding tradition for quality off road winches, hubs, and recovery gear, is ISO Certified, and is a member of SEMA, the Specialty Equipment Manufacturing Association. I am proud to work closely with the incredible team here at MMI to spearhead growth, drive profitability and increase operational excellence. MMI is a proven supplier to the auto, truck, and recreational equipment aftermarket, as well as to the United States military. We plan to expand our presence in the public sector marketplace with offerings for public works, public safety, environmental maintenance, marine, homeland security, space exploration, and beyond. In consumer end-user markets we plan to provide solutions that add value to passenger cars and enhance the capability of the vehicle and the operator.
Mile Marker is continuing to invest in R&D, product development and process improvement with the goal of bringing new and innovative products to the aftermarket and accessories marketplace. MMI has invested in inventory and logistics as well to ensure that our products are available given the current global supply chain constraints."
Fioravanti is a proven transformation CEO with experience in more than 80 situations in more than 35 industries over his career.
Randall Speir was recently named VP of Operations and Innovation.
According to Speir, "Mile Marker is deep-rooted in innovation and was ahead of its time when the company started nearly 40-years ago with drivetrain conversion kits to increase a vehicle's fuel economy. Utilizing the hydraulic system of an automobile to power a recovery system was another innovative idea leading to an ongoing relationship with the United States Military and earning the trust of thousands of service people. I am excited to work with the MMI team to continue leveraging technologies, developing innovative solutions, and producing dependable products that enrich people's lives in their professional and recreational activities."
Mr. Speir is a veteran in the global mobility-industry with extensive knowledge of product engineering, manufacturing, planning, program management, sales, marketing, and the aftermarket.
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SOURCE Mile Marker Industries | https://www.mysuncoast.com/prnewswire/2022/05/26/mile-marker-industries-announces-management-changes/ | 2022-05-26T22:33:17Z |
Giuliani is a target of Georgia elections probe, his lawyers are told
ATLANTA (AP) — Prosecutors in Atlanta on Monday told lawyers for Rudy Giuliani that he’s a target of their criminal investigation into possible illegal attempts by then-President Donald Trump and others to interfere in the 2020 general election in Georgia, one of Giuliani’s lawyers said Monday.
Special prosecutor Nathan Wade alerted Giuliani’s local attorney in Atlanta that the former New York City mayor could face criminal charges, another Giuliani attorney, Bob Costello said. News of the disclosure was first reported by The New York Times.
Fulton County District Attorney Fani Willis opened the investigation last year, and a special grand jury was seated in May at her request. County Superior Court Judge Robert McBurney, who’s overseeing the special grand jury, has instructed Giuliani to appear before the panel to testify on Wednesday.
Willis’s investigation was spurred by a phone call between Trump and Georgia Secretary of State Brad Raffensperger. During that January 2021 conversation, Trump suggested that Raffensperger could “find” the votes needed to overturn his narrow loss in the state.
It has also become clear that the district attorney is interested in Georgia legislative committee hearings that were held in December 2020 where Giuliani appeared and spread false claims of election fraud in Atlanta’s Fulton County.
Willis last month filed petitions seeking to compel testimony from seven Trump associates and advisers. Because they don’t live in Georgia, she had to use a process that involves asking a judge in the states where they live to order them to appear.
In a petition seeking Giuliani’s testimony, Willis identified him as both a personal attorney for Trump and a lead attorney for his campaign. She wrote that he and others appeared at a state Senate committee meeting and presented a video that Giuliani said showed election workers producing “suitcases” of unlawful ballots from unknown sources, outside the view of election poll watchers.
Within 24 hours of that Dec. 3, 2020, hearing, Raffensperger’s office had debunked the video. But Giuliani continued to make statements to the public and in subsequent legislative hearings claiming widespread voter fraud using the debunked video, Willis wrote.
Evidence shows that Giuliani’s hearing appearance and testimony “was part of a multi-state, coordinated plan by the Trump Campaign to influence the results of the November 2020 election in Georgia and elsewhere,” the petition says.
Also Monday, a federal judge said U.S. Sen. Lindsey Graham must testify before a special grand jury in Atlanta that is investigating whether then-President Donald Trump and his allies broke any laws while trying to overturn his narrow 2020 general election loss in the state.
Attorneys for Graham, R-S.C., had argued that his position as a U.S. senator provided him immunity from having to appear before the investigative panel and asked the judge to quash his subpoena. But U.S. District Judge Leigh Martin May wrote in an order Monday that immunities related to his role as a senator do not protect him from having to testify. Graham’s subpoena instructs him to appear before the special grand jury on Aug. 23, but his office said Monday he plans to appeal to the 11th U.S. Circuit Court of Appeals.
Prosecutors have indicated they want to ask Graham about phone calls they say he made to Georgia Secretary of State Raffensperger and his staff in the weeks following Trump’s election loss to Democrat Joe Biden.
Graham had argued that a provision of the Constitution provides absolute protection against a senator being questioned about legislative acts. But the judge found there are “considerable areas of potential grand jury inquiry” that fall outside that provision’s scope. The judge also rejected Graham’s argument that the principle of “sovereign immunity” protects a senator from being summoned by a state prosecutor.
Graham also argued that Willis, a Democrat, had not demonstrated extraordinary circumstances necessary to compel testimony from a high-ranking official. But the judge disagreed, finding that Willis had shown “extraordinary circumstances and a special need” for Graham’s testimony on issues related to an alleged attempt to influence or disrupt the election in Georgia.
May, the judge, last month rejected a similar attempt by U.S. Rep. Jody Hice, R-Ga., to avoid testifying before the special grand jury. Former New York mayor and Trump attorney Rudy Giuliani had argued he couldn’t travel to Atlanta to testify because of health issues, but Fulton County Judge McBurney instructed him to appear on Wednesday.
Graham’s office said in a statement Monday that the senator disagrees with the judge’s interpretation of the provision of the Constitution he believes protects him from being questioned by a state official. His lawyers have said that he was making inquiries that were clearly part of his legislative duties, related to certification of the vote and to the proposal of election-related legislation.
But the judge wrote that that ignores “the fact that individuals on the calls have publicly suggested that Senator Graham was not simply engaged in legislative factfinding but was instead suggesting or implying that Georgia election officials change their processes or otherwise potentially alter the state’s results.”
In calls made shortly after the 2020 general election, Graham “questioned Raffensperger and his staff about reexamining certain absentee ballots cast in Georgia in order to explore the possibility of a more favorable outcome for former President Donald Trump,” Willis wrote in a petition.
Graham also “made reference to allegations of widespread voter fraud in the November 2020 election in Georgia, consistent with public statements made by known affiliates of the Trump Campaign,” she wrote.
Republican and Democratic state election officials across the country, courts and even Trump’s attorney general found there was no evidence of any voter fraud sufficient to affect the outcome of his 2020 presidential election loss.
Trump-allied lawmakers were planning to challenge the tallies from several battleground states when Congress convened on Jan. 6, 2021, to certify the results under the Electoral Count Act, but after the Capitol attack that day Georgia’s tally was never contested.
Trump has denied any wrongdoing and has described his call to Raffensperger as “perfect.”
___
Associated Press writers Meg Kinnard in Columbia, S.C., and Lisa Mascaro in Washington contributed reporting.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/15/giuliani-is-target-georgia-probe-into-possible-illegal-election-interference-lawyers-told/ | 2022-08-15T18:42:53Z |
EVANSVILLE, Ind. (WEHT) — An explosion rocked an Evansville, Indiana, neighborhood Wednesday, killing three people and damaging nearly 40 homes.
Evansville Fire Chief Mike Connelly said units were dispatched at 12:59 p.m, and quickly arrived on scene just three minutes later.
Chief Connelly said crews conducted searches of houses around the explosion and many of them were empty aside from pets. He said the department has not confirmed how many of the houses were occupied when the explosion happened because “some were too unstable to enter.”
The fire department believed there could be other victims that are unaccounted for as of Wednesday evening.
In addition to the three people who lost their lives, at least one other person was being treated in the hospital.
Evansville Police Department Sgt. Anna Gray said the entire area surrounding the 1000 block of N. Weinbach Avenue was shut down Wednesday afternoon. All fires had been put out.
In total, 39 homes were damaged by the blast, a fire department spokesperson said. Eleven of those homes have been found to be uninhabitable.
Officials said the cause of the explosion is unknown, and an investigation was ongoing. Police were asking people to avoid the area as the investigation continued.
CenterPoint Energy, the local gas utility, was last called to the home in January 2018, Connelly said. CenterPoint issued a statement saying it “worked with first responders to secure the area.”
“CenterPoint Energy is working closely with the Evansville Fire Department, State Fire Marshal and other agencies as the investigation of this incident continues,” the utility said.
It was the second house explosion in the area in just over five years. A house explosion on June 27, 2017, killed two people and injured three others.
Wednesday’s explosion also brought to mind a massive blast in 2012 that destroyed or damaged more than 80 homes on Indianapolis’ south side and killed two people. A man was convicted of tampering with a natural gas line at his then-girlfriend’s home in an attempt to commit insurance fraud, with the explosion killing two next-door neighbors. That man, his half-brother and girlfriend all received long prison sentences.
The Associated Press contributed to this report. | https://cw33.com/news/nexstar-media-wire/video-explosion-obliterates-house-in-indiana/ | 2022-08-11T01:25:26Z |
NEW YORK, June 17, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of IonQ, Inc. (NYSE: IONQ).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/ionq-inc-loss-submission-form/?id=28690&from=4
The lawsuit seeks to recover losses for shareholders who purchased IonQ between March 30, 2021 and May 2, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 1, 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, IonQ, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) IonQ had not yet developed a 32-qubit quantum computer; (2) the Company's 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) IonQ's quantum the computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) a significant portion of IonQ's revenue was derived from improper roundtripping transactions with related parties; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were the materially misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/06/17/ionq-shareholder-alert-jakubowitz-law-reminds-ionq-shareholders-lead-plaintiff-deadline-august-1-2022/ | 2022-06-17T10:52:22Z |
- Latest financing round led by Global Lighting Technologies Inc., a strategic manufacturing partner to Sensel.
- Sensel receives strategic investment from Lenovo, a global technology powerhouse and world's largest PC manufacturer1.
- New funding will bolster Sensel's product innovation and help scale its production of haptic touchpads for personal computing devices.
SUNNYVALE, Calif., June 9, 2022 /PRNewswire/ -- Sensel, the company building the next generation of touch-sensing, force-sensing, and haptics technologies, today announced that it closed $18.8 million in Series B financing. Sensel has raised over $57 million since it was founded in 2013.
Sensel's Series B is led by Global Lighting Technologies Inc (GLT), a strategic manufacturing partner to Sensel and leader in custom light-guide modules for computing and other applications. They are joined by Lenovo, who has been a strategic customer to Sensel, and is now an investor as well. These investments will help propel Sensel in developing programmable smart surface solutions that advance industrial design, enable thinner form factors, and elevate user experience for touch-enabled devices.
Following the completion of Sensel's $28 million Series A in 2020, Sensel achieved two major milestones:
- Shipping haptic touchpads in its first two OEM laptops with the Lenovo ThinkPad X1 Titanium Yoga and a second major PC manufacturer.
- Rounding out its touch-sensing and force-sensing IP with an equally revolutionary haptics solution.
Since then, Sensel has emerged as a market leader and the only supplier with tight integration of all three technologies necessary for haptic touchpads - touch, force, and haptics. By providing all three components in a single module, Sensel can offer a complete solution, which significantly reduces the cost, time, and burden of integrating those three disparate technologies together.
Lenovo is the first PC company to ship a laptop using Sensel's technology, and together, Sensel and Lenovo brought one of the first premium haptic touchpads to a PC laptop, with the ThinkPad X1 Titanium Yoga in 2021. "Coming off the success of the touchpad experience in the ThinkPad X1 Titanium Yoga, we are delighted to become investors in Sensel as part of their Series B raise," said Luis Hernandez, Vice President of Commercial Product Solutions Development, Intelligent Devices Group, Lenovo. "This strategic investment will help accelerate our co-development of best-in class haptic touchpads, enhancing the user experience across a wide range of Lenovo's laptop portfolio in 2022 and beyond."
"We're thrilled to welcome Lenovo to our family of investors," said Sensel CEO and Co-founder Ilya Rosenberg. "Working with Lenovo over the past few years has been an immensely rewarding experience for the Sensel team. We're proud to be an integral part of the fantastic touchpad in the ThinkPad X1 Titanium Yoga, which I happen to use every day. We look forward to continuing to collaborate with Lenovo to bring the bleeding edge of our smart surface technologies (which combine touch, force, and haptics) to future generations of Lenovo's wonderful line of laptops."
The partnership between Sensel and GLT is also highly significant, as it will help Sensel innovate and scale their haptic touchpad solutions to a wider breadth of PC models. "Haptic touchpad backlighting is a natural extension of the technology in our world-leading light guide solutions for keyboards, and we look forward to integrating our technology with Sensel to create beautiful industrial designs for our PC customers," said Chairman Lee from the GLT Group.
"Sensel's goal of shipping high volume yet cost-effective haptic touchpads will be realized with our strategic module partner, GLT," said Harsha Rao, Chief Product and Strategy Officer at Sensel. "With any cutting-edge technology, rapidly scaling manufacturing is the holy grail. This partnership is critical to Sensel's next phase, as it brings sophisticated automation, scale, and manufacturability to our innovative solutions."
Sensel is building the next wave of interactive touch technologies to revolutionize how we physically communicate with the digital world. Our mission is to empower people to enjoy more intuitive and expressive interaction with their devices. Our cutting-edge architecture integrates touch-sensing, force-sensing, and haptics into a single solution, paving the way for our enterprise customers to create thinner form factors, advanced industrial designs, and exceptional customer experiences.
Sensel launched the award-winning Morph in 2015, which brought the infinite modularity of a touchscreen to a tactile controller. In 2021, Sensel disrupted the PC laptop market by enabling the haptic touchpads in Lenovo's ThinkPad X1 Titanium Yoga and Microsoft's Surface Laptop Studio. Today, we're integrating our sensors and haptics into trackpads, automotive interfaces, mobile phones, and other products that require human touch interaction.
To learn more or schedule an interview with Sensel's executive team, contact pr@sensel.com
For press materials, please click here
LENOVO and THINKPAD are trademarks of Lenovo. All other trademarks are the property of their respective owners.
1. PC Shipments Begin to Slow Following Two Years of Strong Growth, According to IDC
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SOURCE Sensel | https://www.wibw.com/prnewswire/2022/06/09/sensel-raises-188-million-series-b-scale-operations/ | 2022-06-09T16:47:44Z |
4th grade Uvalde survivor: ‘I don’t want it to happen again’
WASHINGTON (AP) — An 11-year-old girl who survived the mass shooting at an elementary school in Uvalde, Texas, recounted in video testimony to Congress on Wednesday how she covered herself with a dead classmate’s blood to avoid being shot and “just stayed quiet.”
Miah Cerrillo, a fourth-grader at Robb Elementary School, told lawmakers in a pre-recorded video that she watched a teacher get shot in the head before looking for a place to hide.
“I thought he would come back so I covered myself with blood,” Miah told the House panel. “I put it all over me and I just stayed quiet.” She called 911 using the deceased teacher’s phone and pleaded for help.
Nineteen children and two teachers died when an 18-year-old gunman opened fire with an AR-15-style rifle inside Robb Elementary School on May 24.
It is the second day lawmakers have heard wrenching testimony on the nation’s epidemic of gun violence. On Tuesday, a Senate panel heard from t he son of an 86-year-old woman killed when a gunman opened fire in a racist attack on Black shoppers in Buffalo, New York on May 14. Ten Black people died.
In the video Wednesday, Miah’s father, Miguel Cerillo, asks his daughter if she feels safe at school anymore. She shook her head no.
“Why?” he asks. “I don’t want it to happen again,” she responds.
The testimony at the House Oversight Committee comes as lawmakers are working to strike a bipartisan agreement on gun safety measures in the aftermath of back-to-back mass shootings.
Rep. Carolyn Maloney, D-N.Y., the panel’s chairwoman, called the hearing to focus on the human impact of gun violence and the urgency for gun control legislation.
“I am asking every Member of this Committee to listen with an open heart to the brave witnesses who have come forward to tell their stories about how gun violence has impacted their lives,” Maloney said in opening remarks. “Our witnesses today have endured pain and loss. Yet they are displaying incredible courage by coming here to ask us to do our jobs.”
But even as some lawmakers shed tears alongside the panelists, the hearing displayed the contentious debate over gun control Congress has faced over and over again surrounding mass shootings. Several Republicans on the panel turned the conversation to the individuals who abuse guns and how “hardening schools” could help protect them.
Rep. Andrew Clyde, R-Ga., who owns a gun store, said that one of the things he learned in his military service was that “the harder the target you are, the less likely you will be engaged by the enemy.” He called on schools to keep doors locked, provide a single point of entry and “a volunteer force of well-trained and armed staff, in addition to a school resource officer.”
The parents of the victims and survivors implored lawmakers not to let their children’s death and pain be in vain. After Miah spoke, her father told lawmakers that he testified because “I could have lost my baby girl.”
“But she is not the same little girl that I use to play with,” Cerrillo said. “Schools are not safe anymore. Something needs to really change.”
Also testifying was Zeneta Everhart, whose 20-year-old son Zaire was wounded in the Buffalo mass shooting.
Everhart told lawmakers it was their duty to draft legislation that protects Zaire and other Americans. She said that if they did not find the testimony moving enough to act on gun laws, they had an invitation to go to her home to help her clean her son’s wounds.
“My son Zaire has a hole in the right side of his neck, two on his back, and another on his left leg,” she said, then paused to compose herself. “As I clean his wounds, I can feel pieces of that bullet in his back. Shrapnel will be left inside of his body for the rest of his life. Now I want you to picture that exact scenario for one of your children.”
The parents of Lexi Rubio, who died in her classroom in Uvalde, also testified. Felix and Kimberly Rubio recounted finding out about their daughter’s death hours after leaving Lexi’s school awards ceremony on the morning of the shooting.
To get to the elementary school, Kimberly Rubio said she ran barefoot for a mile with her sandals in her hand and with her husband by her side. A firefighter eventually gave them a ride back to the civic center.
“Soon after we received the news that our daughter was among the 19 students and two teachers that died as a result of gun violence,” she said, fighting through tears.
The hearing comes as the Democratic-led House is expected to pass legislation that would raise the age limit for purchasing a semi-automatic rifle and prohibit the sale of ammunition magazines with a capacity of more than 10 rounds.
The legislation has almost no chance of becoming law as the Senate pursues negotiations focused on improving mental health programs, bolstering school security and enhancing background checks. But it does allow Democratic lawmakers a chance to frame for voters in November where they stand on policies that polls show appeal to a majority of voters.
Majorities of U.S. adults think mass shootings would occur less often if guns were harder to get, and that schools and other public places have become less safe than they were two decades ago.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/08/4th-grade-uvalde-survivor-i-dont-want-it-happen-again/ | 2022-06-08T17:16:42Z |
Community Heritage Financial, Inc. Reports Earnings for the Second Quarter of 2022
Published: Jul. 20, 2022 at 4:14 PM CDT|Updated: 25 minutes ago
MIDDLETOWN, Md., July 20, 2022 /PRNewswire/ -- Community Heritage Financial, Inc. ("the Company") (OTC PK: CMHF), the parent company of Middletown Valley Bank ("MVB" or the "Bank"), announced today that for the six months ended June 30, 2022 the Company earned net income of $3.89 million or $1.73 per share, an increase of $1.39 million or 55.6% compared to net income of $2.50 million or $1.11 per share for the six months ended June 30, 2021. Second quarter 2022 net income was $2.07 million or $0.92 per share, an increase of $250 thousand compared to first quarter 2022 net income of $1.82 million and an increase of $1.18 million compared to $892 thousand for the second quarter of 2021.
The Company continued its controlled growth strategy during the second quarter which resulted in an ending balance sheet of $872.6 million in total assets as of June 30, 2022, up $27.0 million for the second quarter and up $54.7 million from December 31, 2021. Deposit growth of $20.6 million for the second quarter of 2022 and $54.1 million on a year-to-date basis has funded the overall growth in the balance sheet. The deposit growth includes $10 million in brokered deposits, which were added late in the second quarter of 2022. The deposit growth, as noted, has also funded robust loan growth over the same period. Loan balances were $692.8 million as of June 30, 2022, up $48.9 million from March 31, 2022 balances and up $82.3 million for the year. As of June 30, 2022, all loan balances under the Paycheck Protection Program ($13.3 million outstanding at December 31, 2021 and $3.6 million outstanding as of March 31, 2022) have been forgiven and remaining balances paid to zero. Excluding the PPP balances as noted above, core loan growth for the second quarter of 2022 was $52.5 million and $95.6 million year-to-date for 2022. The strong loan growth has increased the earning asset base resulting in net interest income of $6.93 million for the second quarter of 2022, up $518 thousand compared to $6.41 million for the first quarter of 2022 and up $984 thousand compared to the second quarter of 2021. To support the loan growth as noted above, the Bank added $217 thousand to the loan loss provision for the quarter, up from $10 thousand in the first quarter of 2022. The additional provision brings the allowance for loan losses to total loans ratio to a level of 1.03% as of June 30, 2022, up slightly from 1.01% as of March 31, 2022. Operating expenses increased by approximately 4.6% during the second quarter compared to the first quarter of 2022 as the Company continues to invest in employee assets, training and technology in support of the balance sheet growth. In summary, strong earning asset growth, controlled funding costs and controlled operating expenses led to overall net income for the first six months of 2022 of $3.89 million, which represents the highest first half earnings in the history of the Company.
Subsequent Events:
As of December 31, 2021, the Bank converted from the Community Bank Leverage Ratio (CBLR) for regulatory capital reporting to the Basel III Risk Weighted Capital guidelines. Upon further evaluation, management has determined that a portion of the first lien residential mortgage portfolio, which had been risk weighted at 100% for the December 31, 2021, and March 31, 2022, reporting periods, were eligible for 50% weighting under Basel III guidelines. The adjustment will have a favorable impact on the Risk Based Capital position at the Bank. Amended Call Reports will be filed for December 31, 2021, and March 31, 2022, to update the capital schedules. All current financial reports as of June 30, 2022, and future financial reports reflecting historical data will reflect the change.
Quarterly Highlights – 2Q22 vs 1Q22
Tangible book value per share increased by $0.73 or 3.3% to $22.67 per share at June 30, 2022, from $21.94 at March 31, 2022. The tangible book value increase was due to earnings of $2.07 million along with minimal adjustments to accumulated other comprehensive income (loss) for the second quarter.
Cash balances decreased on a linked-quarter basis by 55.4% or $19.2 million. The decrease in cash balances was due to the strong loan growth in the second quarter totaling $48.9 million.
Gross loans increased by $48.9 million or 7.6% at June 30, 2022 compared to March 31, 2022. PPP loan forgiveness was completed during the second quarter and generated interest and fee income of $96 thousand during the second quarter of 2022 compared to $320 thousand for the first quarter of 2022.
Overall deposits grew $20.6 million, or 2.7%, during the second quarter of 2022. Non-interest-bearing deposits grew $7.1 million and interest-bearing deposits grew $13.5 million. While short-term interest rates in the market increased dramatically during the second quarter, the Bank's cost of interest-bearing deposits for the second quarter increased by only 3 basis points to 0.31% compared to the first quarter of 2022 at 0.28%. The increase was due mainly to an increase in rate on a small portion of the money market accounts, which are indexed to short-term treasury rates.
Strong loan growth and controlled funding costs led to an increase in the Bank's net interest margin of 10 basis points to 3.45% in the second quarter of 2022 from 3.35% in the first quarter of 2022.
The allowance for loan losses to total loans ratio was 1.03% at June 30, 2022, an increase of 2 basis points from 1.01% at March 31, 2022. The increase in the allowance for loan losses to total loans coincides with the additional provision for loan losses of $217 thousand in the second quarter compared to $10 thousand for the first quarter of 2022.
Quarterly Highlights – 2Q22 vs 2Q21
Tangible book value per share of $22.67 at June 30, 2022 decreased by $0.82 or 3.5% from $23.49 at June 30, 2021. The tangible book value decrease was due to an increase in the accumulated other comprehensive loss of $8.95 million at June 30, 2022, from a gain of $54 thousand at June 30, 2021.
Net loans of $685.7 million as of June 30, 2022 were up $121.6 million or 21.6% compared to June 30, 2021, which includes PPP loan forgiveness of $31.6 million during the time period. Excluding PPP loans, core loan growth on a year-over-year basis was $153.2 million or 28.7%.
Deposits grew $139.9 million or 21.5% during the 12 months ended June 30, 2022. The majority of the growth was in demand deposits ($60.9 million), low-cost money market deposits ($49.7 million), and savings deposits ($12.4 million).
For the three months ended June 30, 2022, the Bank's overall cost of funds increased to 0.20% from 0.19% for the three months ended June 30, 2021. This increase resulted from increased money market rates, additional borrowings and brokered deposit purchases during the second quarter of 2022.
The loan loss provision for the quarter ended June 30, 2022 was $217 thousand compared to $1.43 million for the quarter ended June 30, 2021. The second quarter of 2021 included increased provision expense associated with an isolated Covid related charge-off.
Non-interest income for the quarter ended June 30, 2022 decreased by $430 thousand or 24.7% compared to the quarter ended June 30, 2021. The mortgage activity and secondary sales income decrease of $436 thousand accounted for the majority of the decrease.
Non-interest expense during the quarter ended June 30, 2022 increased by $326 thousand compared to the quarter ended June 30, 2021. The increase was directly related to the growth of the balance sheet (19%) as staffing has increased to support such growth. Salary and benefits expense during the second quarter of 2022 increased 6.5%. Operating expenses in the second quarter of 2022 also included increased occupancy and equipment expense related to the opening of a new branch in Franklin County, PA in May 2021 to expand our market area.
Dividend
A dividend of $0.04 per share was declared by the Board of Directors on July 15, 2022, for stockholders of record as of July 29, 2022, and payable on August 5, 2022.
Community Heritage Financial, Inc. Robert E. (BJ) Goetz, Jr. President & Chief Executive Officer 301-371-3055
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/07/20/community-heritage-financial-inc-reports-earnings-second-quarter-2022/ | 2022-07-20T21:39:00Z |
Did you sell or otherwise dispose of securities of Twitter between March 24, 2022 and April 1, 2022? If so, please visit Twitter, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, June 1, 2022 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who sold or otherwise disposed of the securities of Twitter, Inc. ("Twitter" or the "Company") (NYSE: TWTR) between March 24, 2022 and April 1, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Southern District of New York and alleges violations of the Securities Exchange Act of 1934.
Elon Musk ("Musk") is the founder of Tesla and SpaceX, and according to Forbes, is the richest person in the world.
Beginning in January 2022, Musk started to acquire shares of Twitter. By March 14, 2022, Musk had acquired more than a 5% ownership stake in Twitter.
Pursuant to Section 13(d) of the Exchange Act and SEC Rule 13d-1 promulgated thereunder, 17 C.F.R. § 240.13d-1(a), Musk was required to file a Schedule 13 with the SEC within 10 days of passing the 5% ownership threshold in Twitter, or March 24, 2022.
Musk did not file a Schedule 13 with the SEC within the required time and instead continued to amass Twitter shares, eventually acquiring a 9.1% stake in the Company before finally filing a Schedule 13 on April 4, 2022.
When Musk finally filed the required Schedule 13, thereby revealing his ownership stake in Twitter, the Company's shares rose from a closing price of $39.31 per share on Friday, April 1, 2022, to close at $49.97 per share on April 4, 2022 – an increase of approximately 27%.
Investors who sold securities of Twitter stock between March 24, 2022, when Musk was required to have disclosed his Twitter ownership, and before the Monday, April 4, 2022 disclosure, missed the resulting price increase as the market reacted to Musk's purchases and were damaged thereby.
By failing to disclose his ownership stake via Schedule 13, Musk was able to acquire shares of Twitter less expensively during the Class Period.
If you wish to serve as lead plaintiff, you must move the Court no later than June 13, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you sold or otherwise disposed of TWTR securities, and/or would like to discuss your legal rights and options please visit Twitter, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
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Investigators have used genealogy technology to determine the killer of a Michigan woman who was missing for 33 years before her remains were identified using the same technique earlier this year, authorities said.
Stacey Lyn Chahorski was reported missing in January 1989, but it took more than three decades for investigators to determine that a body found in Dade County, Georgia, in December 1988 belonged to her, the Georgia Bureau of Investigation announced earlier this year.
Now, her killer has been identified as Henry Fredrick "Hoss" Wise, a truck driver who drove through Dade County on his regular trucking route, FBI Special Agent in Charge of the Atlanta Field Office Keri Farley said during a news conference Tuesday.
Chahorski's case is "the first time that we know of that investigative genealogy was used to identify both the victim and the killer in the same case," Farley noted.
Wise, who was also a stunt driver, died in a stunt car accident in 1999, Farley said. He had a criminal history that included theft, assault and obstruction of a police officer, the Georgia Bureau of Investigation said in a release.
"Investigators found what was believed to be the killer's DNA at the (crime) scene, but for years it could not be linked to the person," Farley said.
Investigators with the GBI and the FBI were able to link Wise to Chahorski's killing by enlisting the help of Othram, a Texas-based laboratory credited with helping solve a lengthy list of other cold cases. Othram also helped authorities identify Chahorski's remains.
After Othram received a positive result from genealogy DNA analysis of the crime scene evidence, Georgia investigators began interviewing potential family members and collecting DNA swabs, GBI said. Finally, they were able to identify Wise as the killer, the bureau said.
Genealogy technology was crucial to the case as Wise's criminal history pre-dated mandatory DNA testing after felony arrests, according to GBI.
While advances in DNA analysis were instrumental in solving the crime, Farley also acknowledged the work of those who worked the case.
"Technology alone did not solve this case," she said. "The determination of agents in both the FBI and GBI, along with every officer who worked this case for 33 plus years, helped bring this case to its conclusion."
When Chahorski's remains were identified, authorities said her body would be go back to her family. It had previously been buried since 1989 in an unmarked grave.
FBI Special Agent Tim Burke said at the time that the news of Chahorski's identification brought her mother, Mary Beth Smith, "a little bit of peace."
"We were also able to provide some jewelry that was found on Stacey back here at the crime scene and return that to her," Burke said.
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35-year investment veteran to lead Cambridge Trust's expansion in Connecticut
CAMBRIDGE, Mass., July 13, 2022 /PRNewswire/ -- Cambridge Bancorp (NASDAQ: CATC), parent of Cambridge Trust Company, today announced that John Traynor has joined to lead Cambridge Trust's Wealth Management Team in Connecticut. As President of Cambridge Trust Wealth Management-Connecticut, Traynor will work to expand wealth management services in the Constitution State.
"We're excited to welcome John to Cambridge Trust's Wealth Management leadership team" said Jennifer A. Pline, CFA, EVP, Head of Wealth Management. "Under his stewardship, we are confident that we will achieve our Wealth Management goals in this attractive market by offering our broad range of sophisticated wealth management services."
"We are delighted to welcome John, an experienced wealth management professional, to the Cambridge Trust team," said Denis K. Sheahan, Chairman, President and CEO.
Traynor joins Cambridge Trust with over 35 years of experience in wealth management, having most recently served as Chief Investment Officer at Peoples United Advisors. Under his leadership at Peoples, Traynor unified seven separate investment teams into a cohesive group and saw the firm's AUM grow from $3.4 billion to $10.4 billion over the course of a decade.
Prior to his work with Peoples United Advisors, Traynor spent 20 years as Partner and later Director of Investment Strategy & Alternative Investments at Thorson Traynor (later PNC Private Bank Hawthorn). He has also served in leadership roles at Citytrust Bancorp and Shawmut National Bank.
"A critical pillar of wealth management and private banking is trust between the institution and its clients," said John Traynor, President, Cambridge Trust Wealth Management-Connecticut. "That's why I'm pleased to join the Cambridge Trust team, which has embodied these values for more than a century, as it looks to broaden its footprint in the state of Connecticut. I'm looking forward to continuing the company's legacy of service and trust in my home state with a strong team of experienced wealth managers."
For more information, visit www.cambridgetrust.com
Cambridge Bancorp, the parent company of Cambridge Trust Company, is based in Cambridge, Massachusetts. The 132-year-old Massachusetts chartered commercial bank has approximately $5.0 billion in assets at March 31, 2022, and a total of 19 Massachusetts and New Hampshire locations. Cambridge Trust is one of New England's leaders in private banking and wealth management with $4.7 billion in client assets under management and administration at March 31, 2022. The Wealth Management group maintains offices in Boston and Wellesley, Massachusetts and Concord, Manchester, and Portsmouth, New Hampshire. For more information, visit www.cambridgetrust.com.
Media Contact: Danielle Remis Hackel (617) 441-1421
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OAKLAND, Calif., May 2, 2022 /PRNewswire/ -- The Clorox Company (NYSE: CLX) today reported results for the third quarter of fiscal year 2022, which ended March 31, 2022.
Third-Quarter Fiscal Year 2022 Summary
Following is a summary of key third-quarter results. All comparisons are with the third quarter of fiscal year 2021 unless otherwise stated.
- Net sales increased 2% to $1.8 billion compared to flat sales in the year-ago quarter. Net sales growth reflects higher shipments across all reportable segments. Organic sales1 also grew 2%. The three-year average growth rate for net sales was up 5%.
- Gross margin decreased 760 basis points to 35.9% from 43.5% in the year-ago quarter, due mainly to higher manufacturing and logistics and commodity costs, partially offset by the benefits of pricing and cost savings initiatives.
- Diluted net earnings per share (diluted EPS) increased 347% to $1.21 from a 49-cent loss in the year-ago quarter, due mainly to the noncash impairment in the Vitamins, Minerals and Supplements business during the year-ago period.
- Adjusted EPS1 decreased 19% to $1.31 from $1.62 in the year-ago quarter, due mainly to lower gross margin, partially offset by lower advertising spending and higher net sales. This amount excludes 10 cents related to investments in the company's long-term strategic digital capabilities and productivity enhancements.
- Year-to-date net cash provided by operations decreased 49% to $451 million from $893 million in the year-ago period.
"We saw continued strong demand for our products this quarter and delivered sequential gross margin improvement against the backdrop of a volatile and challenging environment," said CEO Linda Rendle. "While cost inflation continues to increase and uncertainty remains, we're seeing the strength and resiliency of our brands driving benefits across the business, and the actions we're taking to rebuild margin are gaining momentum. We're confident that our strategic choices and focus on operational performance position us well over the long term to create value for all our stakeholders."
This press release includes certain non-GAAP financial measures. See "Non-GAAP Financial Information" at the end of this press release for more details.
Strategic and Operational Highlights
The following are highlights of business and ESG achievements in the third quarter:
- Grew overall market share, including a third straight quarter of double-digit gains for Clorox disinfecting wipes.
- Continued to execute cost-justified pricing actions across the vast majority of the portfolio.
- Launched innovation including Kingsford flavor boosters for charcoal and pellet grills, building on our Kingsford Signature Flavors platform; Glad compostable drawstring bags in Canada; Glad to Be Green 50% ocean bound plastic recycled trash bags in Australia; and Glad ForceFlex Plus with Clorox trash bags in Eucalyptus and Peppermint fragrance, which taps into scent trends.
- Signed a multiyear agreement that makes Clorox the official cleaning and disinfecting product partner of ASM Global, a venue and event management company whose portfolio includes the Moscone Center, Barclays Center, Oakland Arena, McCormick Place and many other event spaces. ASM Global facilities will use Clorox disinfecting wipes, hand sanitizer and electrostatic sprayers to help provide cleaner and safer environments.
- Announced a new 12-year virtual power purchase agreement — the company's second — supporting a continued commitment to 100% renewable electricity for the company's U.S. and Canada operations.
- Named to the 2022 JUST Capital-CNBC list of America's Most JUST Companies (announced Jan. 10) and Barron's 100 Most Sustainable U.S. Companies list, as selected by Calvert Research (ranked No. 2 overall; announced Feb. 11).
Key Segment Results
The following is a summary of key third-quarter results by reportable segment. All comparisons are with the third quarter of fiscal year 2021, unless otherwise stated.
Health and Wellness (Cleaning; Professional Products; Vitamins, Minerals and Supplements)
- Net sales decreased 3%, with 3 points of benefit from pricing more than offset by 3 points of unfavorable mix and 3 points of higher trade spending.
- Segment pretax earnings increased 146% (or a 42% decrease on an adjusted basis2), primarily due to the noncash impairment of the VMS business in the year-ago period, partially offset by higher manufacturing and logistics costs and lower net sales.
Household (Bags and Wraps, Grilling, Cat Litter)
- Net sales were up 6%, reflecting increases in two of three businesses, driven primarily by 4 points from the benefit of pricing and a 2-point increase in volume.
- Segment pretax earnings decreased 5%, primarily due to higher commodity as well as manufacturing and logistics costs, partially offset by higher net sales and lower advertising spending.
Lifestyle (Food, Natural Personal Care, Water Filtration)
- Net sales increased 4%, reflecting growth in all three businesses. The increase was driven primarily by 6 points of volume growth, which was partially offset by 2 points of unfavorable price mix.
- Segment pretax earnings decreased 3%, mainly due to higher commodity as well as manufacturing and logistics costs, partially offset by lower advertising spending and higher net sales.
International (Sales Outside the U.S.)
- Net sales increased 1%, driven by 4 points of price mix and 2 points of higher volume, primarily from cleaning and disinfecting and cat litter products, which were partially offset by 5 points of unfavorable foreign exchange. Organic sales growth was 6%.
- Segment pretax earnings increased 3%, largely from net sales growth, which was partially offset by higher commodity costs.
Fiscal Year 2022 Outlook
The company updated its outlook to reflect the following:
- Net sales are still expected to decrease 1% to 4% (organic sales decrease of 1% to 4%), reflecting a 7% sales decrease in the first half of fiscal year 2022 as the company lapped 27% growth in that period and sales growth in the back half of this fiscal year.
- Gross margin is now expected to decrease up to 800 basis points, primarily due to higher than previously anticipated commodity and manufacturing and logistics costs.
- Selling and administrative expenses are now expected to be at 14% to 15% of net sales, reflecting about 1 point of impact from the company's strategic investments in digital capabilities and productivity enhancements.
- Advertising and sales promotion spending remains at about 10% of net sales, reflecting the company's ongoing commitment to invest behind its brands.
- Effective tax rate continues to be between 22% and 23%, with the year-over-year increase primarily reflecting the lapping of several one-time benefits in the prior fiscal year.
- Diluted EPS is now expected to be between $3.60 and $3.85, or a decrease between 35% and 31%, respectively.
- Adjusted EPS is now expected to be between $4.05 and $4.30, or a decrease between 44% and 41%, respectively. The company's adjusted EPS outlook excludes the long-term strategic investment in digital capabilities and productivity enhancements to provide greater visibility into the underlying operating performance of the business.
- Of the company's approximately $90 million investment in long-term strategic digital capabilities and productivity enhancements in fiscal year 2022, about $73 million, or 45 cents, is still expected to flow through to the profit and loss statement, mostly in selling and administrative expenses.
Clorox Earnings Conference Call Schedule
At approximately 4:15 p.m. ET today, Clorox will post prepared management remarks regarding its third-quarter fiscal year 2022 results.
At 5 p.m. ET today, the company will host a live Q&A audio webcast with CEO Linda Rendle and Chief Financial Officer Kevin Jacobsen to discuss the results.
Links to the live (and archived) webcast, press release and prepared remarks can be found at Clorox Quarterly Results.
For More Detailed Financial Information
Visit the company's Quarterly Results for the following:
- Supplemental unaudited volume and sales growth information
- Supplemental unaudited gross margin driver information
- Supplemental unaudited cash flow information and free cash flow reconciliation
- Supplemental unaudited reconciliation of earnings before interest and taxes (EBIT) and adjusted EBIT
- Supplemental unaudited reconciliation of adjusted earnings per share
Note: Percentage and basis-point, or point, changes noted in this press release are calculated based on rounded numbers, except for per-share data and the effective tax rate.
The Clorox Company
The Clorox Company (NYSE: CLX) is a leading multinational manufacturer and marketer of consumer and professional products with about 9,000 employees worldwide and fiscal year 2021 sales of $7.3 billion. Clorox markets some of the most trusted and recognized consumer brand names, including its namesake bleach and cleaning products; Pine-Sol® cleaners; Liquid-Plumr® clog removers; Poett® home care products; Fresh Step® cat litter; Glad® bags and wraps; Kingsford® grilling products; Hidden Valley® dressings and sauces; Brita® water-filtration products; Burt's Bees® natural personal care products; and RenewLife®, Rainbow Light®, Natural Vitality CALM™, and NeoCell® vitamins, minerals and supplements. The company also markets industry-leading products and technologies for professional customers, including those sold under the CloroxPro™ and Clorox Healthcare® brand names. More than 80% of the company's sales are generated from brands that hold the No. 1 or No. 2 market share positions in their categories.
Clorox is a signatory of the United Nations Global Compact and the Ellen MacArthur Foundation's New Plastics Economy Global Commitment. The company has been broadly recognized for its corporate responsibility efforts, included on the Barron's 2022 100 Most Sustainable Companies list, 2022 Bloomberg Gender-Equality Index, the Human Rights Campaign's 2022 Corporate Equality Index and the 2021 Parity.org Best Places for Women to Advance list, among others. In support of its communities, The Clorox Company and its foundations contributed about $20 million in combined cash grants, product donations and cause marketing in fiscal year 2021. For more information, visit TheCloroxCompany.com and follow the company on Twitter at @CloroxCo.
CLX-F
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, among others, statements related to the expected or potential impact of the novel coronavirus (COVID-19) pandemic, and the related responses of governments, consumers, customers, suppliers, employees and the company, on our business, operations, employees, financial condition and results of operations, and any such forward-looking statements, whether concerning the COVID-19 pandemic or otherwise, involve risks, assumptions and uncertainties. Except for historical information, statements about future volumes, sales, organic sales growth, foreign currencies, costs, cost savings, margins, earnings, earnings per share, diluted earnings per share, foreign currency exchange rates, tax rates, cash flows, plans, objectives, expectations, growth or profitability are forward-looking statements based on management's estimates, beliefs, assumptions and projections. Words such as "could," "may," "expects," "anticipates," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "will," "predicts," and variations on such words, and similar expressions that reflect our current views with respect to future events and operational, economic and financial performance are intended to identify such forward-looking statements. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management's expectations are described in the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the company's Annual Report on Form 10-K for the fiscal year ended June 30, 2021, as updated from time to time in the company's Securities and Exchange Commission filings. These factors include, but are not limited to: intense competition in the company's markets; the impact of the changing retail environment, including the growth of alternative retail channels and business models, and changing consumer preferences; the impact of COVID-19 on the availability of, and efficiency of the supply, manufacturing and distribution systems for, the company's products, including any significant disruption to such systems; on the demand for the company's products; and on worldwide, regional and local adverse economic conditions, including increased risk of inflation; volatility and increases in the costs of raw materials, energy, transportation, labor and other necessary supplies or services; risks related to supply chain issues and product shortages as a result of increased supply chain dependencies due to an expanded supplier network and a reliance on certain single-source suppliers; risks relating to the significant increase in demand for disinfecting and other products due to the COVID-19 pandemic continuing; dependence on key customers and risks related to customer consolidation and ordering patterns; risks related to the company's use of and reliance on information technology systems, including potential security breaches, cyber-attacks, privacy breaches or data breaches that result in the unauthorized disclosure of consumer, customer, employee or company information, or service interruptions, especially at a time when a large number of the company's employees are working remotely and accessing its technology infrastructure remotely; the ability of the company to drive sales growth, increase prices and market share, grow its product categories and manage favorable product and geographic mix; risks relating to acquisitions, new ventures and divestitures, and associated costs, including for asset impairment charges related to, among others, intangible assets, including trademarks and goodwill, in particular the impairment charges relating to the carrying value of the company's Vitamins, Minerals and Supplements business; and the ability to complete announced transactions and, if completed, integration costs and potential contingent liabilities related to those transactions; the company's ability to maintain its business reputation and the reputation of its brands and products; lower revenue, increased costs or reputational harm resulting from government actions and compliance with regulations, or any material costs imposed by changes in regulation; the ability of the company to successfully manage global political, legal, tax and regulatory risks, including changes in regulatory or administrative activity; the operations of the company and its suppliers being subject to disruption by events beyond the company's control, including work stoppages, cyber-attacks, weather events or natural disasters, political instability or uncertainty, disease outbreaks or pandemics, such as COVID-19, and terrorism; risks related to international operations and international trade, including foreign currency fluctuations, such as devaluations, and foreign currency exchange rate controls; changes in governmental policies, including trade, travel or immigration restrictions, new or additional tariffs, and price or other controls; labor claims and civil unrest; inflationary pressures, particularly in Argentina; impact of the United Kingdom's exit from the European Union; potential negative impact and liabilities from the use, storage and transportation of chlorine in certain international markets where chlorine is used in the production of bleach; widespread health emergencies, such as COVID-19; and the possibility of nationalization, expropriation of assets or other government action; the impact of macroeconomic and geopolitical trends and events, including the unfolding situation in Ukraine and its regional and global ramifications and the effects of inflation; the ability of the company to innovate and to develop and introduce commercially successful products, or expand into adjacent categories and countries; the impact of product liability claims, labor claims and other legal, governmental or tax proceedings, including in foreign jurisdictions and in connection with any product recalls; the ability of the company to implement and generate cost savings and efficiencies, and successfully implement its business strategies; the accuracy of the company's estimates and assumptions on which its financial projections, including any sales or earnings guidance or outlook it may provide from time to time, are based; risks related to additional increases in the estimated fair value of The Procter & Gamble Company's interest in the Glad business; the performance of strategic alliances and other business relationships; the company's ability to attract and retain key personnel; the impact of Environmental, Social, and Governance issues, including those related to climate change and sustainability on our sales, operating costs or reputation; environmental matters, including costs associated with the remediation and monitoring of past contamination, and possible increases in costs resulting from actions by relevant regulators, and the handling and/or transportation of hazardous substances; the company's ability to effectively utilize, assert and defend its intellectual property rights, and any infringement or claimed infringement by the company of third-party intellectual property rights; the effect of the company's indebtedness and credit rating on its business operations and financial results and the company's ability to access capital markets and other funding sources; the company's ability to pay and declare dividends or repurchase its stock in the future; the impacts of potential stockholder activism; and risks related to any litigation associated with the exclusive forum provision in the company's bylaws.
The company's forward-looking statements in this press release are based on management's current views, beliefs, assumptions and expectations regarding future events and speak only as of the date of this press release. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by the federal securities laws.
Non-GAAP Financial Information
- This press release contains non-GAAP financial information related to organic sales growth/(decrease), adjusted EPS, and Health and Wellness adjusted segment pretax earnings decrease for the third quarter of fiscal year 2022 as well as organic sales growth/(decrease) and adjusted EPS outlook for fiscal year 2022.
- Clorox defines organic sales growth/(decrease) as GAAP net sales growth/(decrease) excluding the effect of foreign exchange rate changes and any acquisitions or divestitures.
- Organic sales growth/(decrease) outlook for fiscal year 2022 excludes the impact of foreign currency exchange rate changes, which the company currently expects to have only a limited impact on GAAP net sales growth/(decrease).
- Management believes that the presentation of organic sales growth/(decrease) is useful to investors because it excludes sales from any acquisitions and divestitures, which results in a comparison of sales only from the businesses that the company was operating and expects to continue to operate throughout the relevant periods, and the company's estimate of the impact of foreign exchange rate changes, which are difficult to predict and out of the control of the company and management. However, organic sales growth/(decrease) may not be the same as similar measures provided by other companies due to potential differences in methods of calculation or differences in which items are incorporated into these adjustments.
- Adjusted EPS is defined as diluted earnings per share that excludes or has otherwise been adjusted for significant items that are nonrecurring or unusual.
- Adjusted effective tax rate is defined as the effective tax rate that excludes or has otherwise been adjusted for significant items that are nonrecurring or unusual. The company's GAAP effective tax rate for the third quarter of fiscal year 2022 and 2021 was 23.9% and -1.4%, respectively. Adjusted effective tax rate for the third quarter of fiscal year 2021 was 23.2%, which reflects an increase of 24.6% related to the impact of a $329 noncash impairment charge in the third quarter of fiscal year 2021.
- Both adjusted EPS and adjusted effective tax rate are supplemental information that management uses to help evaluate the company's historical and prospective financial performance. Management believes that by adjusting for certain nonrecurring or unusual items, such as significant losses/(gains) related to acquisitions, impairment charges and other nonrecurring or unusual items, investors and management are able to gain additional insight into the company's underlying operating performance on a consistent basis over time. However, adjusted EPS and adjusted effective tax rate may not be the same as similar measures provided by other companies due to potential differences in methods of calculation or differences in which items are incorporated into these adjustments.
- Adjusted segment pretax earnings decrease is defined as a decrease in earnings (losses) before income taxes excluding the impact of certain nonrecurring or unusual items. Adjusted segment pretax earnings decrease for the Health and Wellness segment for the third quarter of fiscal year 2022 was 42%, which reflects a 188% deduction related to the impact of the $329 noncash impairment charge in the third quarter of fiscal year 2021 from the 146% GAAP pretax earnings increase in the Health and Wellness segment for the third quarter of fiscal year 2022. The percentage changes are compared to the year-ago period. Management believes that the presentation of the adjusted segment pretax earnings decrease for the Health and Wellness segment is useful to investors to assess operating performance on a consistent basis by removing the impact of charges it believes do not directly reflect the performance of the segment's underlying operations.
- The reconciliation tables below refer to the equivalent GAAP measures adjusted as applicable for the following items:
Digital Capabilities and Productivity Enhancements Investment
As announced in August 2021, the company plans to invest approximately $500 million over a five-year period in transformative technologies and processes. This investment, which began in the first quarter of fiscal year 2022, includes replacement of the company's enterprise resource planning system and transitioning to a cloud-based platform as well as the implementation of a suite of other digital technologies. Together it is expected that these implementations will generate efficiencies and transform the company's operations in the areas of supply chain, digital commerce, innovation, brand building and more over the long term.
Of the total $500 million investment, approximately 55% is expected to represent incremental operating costs primarily recorded within selling and administrative expenses to be adjusted from reported EPS for purposes of disclosing adjusted EPS over the course of the next five years. Approximately 70% of these incremental operating costs are expected to be related to the implementation of the ERP, with the remaining costs primarily related to the implementation of complementary technologies.
Due to the nature, scope and magnitude of this investment, these costs are considered by management to represent incremental transformational costs above the historical normal level of spending for information technology to support operations. Since these strategic investments, including incremental operating costs, will cease at the end of the investment period, are not expected to recur in the foreseeable future, and are not considered representative of the company's underlying operating performance, the company's management believes presenting these costs as an adjustment in the non-GAAP results provides additional information to investors about trends in the company's operations and is useful for period-over-period comparisons. It also allows investors to view underlying operating results in the same manner as they are viewed by company management.
The following tables provide reconciliations of organic sales growth/(decrease) (non-GAAP) to net sales growth/(decrease), the most comparable GAAP measure:
The following tables provide reconciliations of adjusted diluted earnings per share (non-GAAP) to diluted earnings per share, the most comparable GAAP measure:
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SOURCE The Clorox Company | https://www.wibw.com/prnewswire/2022/05/02/clorox-reports-q3-fiscal-year-2022-results-updates-outlook/ | 2022-05-02T22:32:52Z |
- Underscoring its commitment to world-class technology, DAZN has recruited Sandeep Tiku to drive innovation and lead the next phase of platform development
- Sandeep is internationally recognised as a world-class technologist and innovator
LONDON, April 11, 2022 /PRNewswire/ -- DAZN Group, the global sports entertainment company, today announces that Sandeep Tiku will be joining the company as Chief Technology Officer.
Sandeep will lead DAZN's global technology and product teams to drive the next phase of development for its core sports streaming media platform as it integrates new experiences to become an interactive sports entertainment ecosystem and expands into new markets.
Having spent over 20 years designing and developing transformational technology and complex platforms for B2C digital products, Sandeep is recognised as a global technology leader and respected innovator.
Sandeep's impeccable track record in building complex technology, coupled with his entrepreneurial spirit and customer-centric approach, will be invaluable to DAZN.
His appointment follows the launch of DAZN X, the company's innovation lab, and underscores DAZN's ongoing investment in world-class technology and commitment to an exceptional fan experience as it integrates richer and more interactive content for fans to enjoy alongside live sports.
Sandeep joins from Entain, a FTSE 100 global gaming and entertainment company, where he was most recently Chief Operating Officer, and oversaw the technology and operations that supports a portfolio of brands in over 30 markets. During his eight years at Entain, Sandeep was instrumental in developing their industry-leading global platform to be robust and scalable.
CEO of DAZN Group Shay Segev said, "Having worked alongside Sandeep for many years at Entain, I know that he is an exceptional and visionary technologist and the right person to lead DAZN's technology teams. He will be invaluable as we expand our offering with even more ways to entertain and engage sports fans and forge ahead with transforming the global sports market."
Sandeep Tiku said, "To join a company like DAZN that has boundless ambitions and puts the customer at the heart of everything it does, is fantastic. With their vision and my tech experience, the potential is phenomenal. I look forward to working with Shay and the global technology teams to grow DAZN's platform as a true destination for sports fans across the world."
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SOURCE DAZN | https://www.wibw.com/prnewswire/2022/04/11/sandeep-tiku-join-dazn-group-chief-technology-officer/ | 2022-04-11T07:43:02Z |
United Solutions for Care includes a dozen smart and targeted solutions to the most pressing and urgent challenges people face with the health care system
WASHINGTON, May 13, 2022 /PRNewswire/ -- United States of Care (USofCare) today announced a major initiative in its ongoing work to be a voice for people's true needs from the health care system. United Solutions for Care, a one-of-a-kind roadmap of a dozen smart and targeted solutions to the most pressing and urgent challenges people face with the health care system.
Especially in the wake of the pandemic, people belong at the center of health care. United Solutions for Care aims to put them there and is the culmination of more than two years of in-depth listening and research to find out what people need from the system.
"We learned that the system is failing people — in ways large and small — and making them feel like it's their fault," remarked Natalie Davis, CEO and co-founder of USofCare. "I'm thrilled today to announce the release of United Solutions for Care, a long-needed set of fixes for the health care system that will improve people's lives, build a fairer system, and relieve them of the fear of going bankrupt if they need care."
USofCare's thousands of conversations revealed wide consensus on the problems with the health care system — and also revealed the solutions to people's most urgent health care needs: the certainty that their health care will be affordable, that their coverage will be dependable and there when they need it, that their health care is personalized, and that the system is easy to understand and navigate.
The organization's research also revealed that people are not only united about their needs, but are also united in their support for these Solutions and for building a more equitable health care system; more than nine-in-ten people agree that everyone deserves access to quality, affordable health care.
Additionally, 87% support eliminating out-of-pocket costs for basic health care services and 90% are in favor of providing more support to people providing care to their loved ones.
"In a system that people feel is unfair and profit-driven, United States of Care works to ensure that every person can access health care, regardless of who they are, how much money they make, or where they live," said Natalie Davis, CEO and co-founder of USofCare. "People shouldn't have to get lucky or have friends in high places to get the care they need. These solutions are tangible ways to make care and coverage better for everyone, ensuring that no one has to worry about going broke if they get sick."
Through its years of research and conversations with thousands of people, USofCare identified targeted solutions for our health care system. These commonsense fixes have strong public support across a wide range of demographics and ideologies. We know that paying for and delivering care differently is key to driving these changes.
United Solutions for Care includes 12 solutions across four goal areas:
GOAL 1: Affordability
Solution 1: Lowering prescription costs
Solution 2: Eliminating out-of-pocket costs for basic health care services
GOAL 2: Dependability
Solution 3: Providing new, low-cost coverage options that increase competition
Solution 4: Allowing people to use tax credits to get coverage outside of their employer
Solution 5: Expand eligibility for public programs including Medicare, Medicaid, Medicare, or the Children's Health Insurance Program
GOAL 3: Personalized Care
Solution 6: Providing support to caregivers
Solution 7: Improving mental health coverage
Solution 8: Provide better maternal and newborn care
Solution 9: Making care more convenient
Solution 10: Making sure people can continue to access virtual care
GOAL 4: Understandable System
Solution 11: Making prescription costs more transparent
Solution 12: Increasing availability of patient navigators
These 12 solutions will address people's pain points with the health care system and bring them more fairness and financial peace of mind. The roadmap includes suggestions at all ends of the policy spectrum – from ready-to-implement recommendations to areas needing research, outreach, innovation, and new policy design. In a memo to interested parties, USofCare outlined areas of significant state and federal movement in the 12 areas identified in United Solutions for Care.
USofCare drives change at the state and federal level, and does so in partnership with everyday people, business leaders, health care innovators, fellow advocates, and policymakers. To achieve the aims in United Solutions for Care, the organization will continue to bring together organizations and experts to elevate existing efforts, fill gaps in the system, and incubate new solutions to drive change.
About United States of Care
United States of Care is a nonpartisan organization committed to ensuring that everyone has access to quality, affordable health care.
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SOURCE United States of Care | https://www.wibw.com/prnewswire/2022/05/13/united-states-care-releases-one-of-a-kind-roadmap-improving-health-care/ | 2022-05-13T13:39:34Z |
Suspect in gruesome hotel murder ruled incompetent to stand trial
VENICE, Fla. (WWSB) - A convicted felon accused of brutally murdering a Venice hotel maid a year ago has been ruled incompetent to stand trial.
Stephen Matthew Havrilka, 31, was in court with his attorney Wednesday when Judge Thomas Krug announced Havrilka was “incompetent to proceed” to trial that was scheduled to begin April 11.
Court documents show his defense attorney was directed to file an order of commitment.
Deputies encountered a horrific scene April 20, 2021 when they were called to the Rodeway Inn on South Tamiami Trail.
Tina Stader, who had worked for the hotel since 2019, was found severely battered and unconscious, in a closet of a room she had been cleaning. She was discovered by her husband who became concerned when she did not answer texts earlier that day.
He called 911, removed a towel that had been stuffed in her mouth, and attempted to administer CPR. Deputies and paramedics arrived and Strader was taken to a hospital, where she died later that day.
Deputies found Havrilka a short time later. The arrest report said Havrilka was acting erratic, speaking gibberish, and he started kneeling and praying on the ground. He appeared to be under the influence of alcohol or narcotics.
Hoffman said it took five deputies to subdue Havrilka, who was placed into protective custody and transported to Venice Regional Bayfront Hospital.
Hoffman said a watch and shirt Havrilka was seen wearing in surveillance video that morning were found in a wooded area near the hotel. Hoffman said Havrilka had been staying at the hotel for the past six days.
Investigators called the crime scene one of the worst they had ever seen. “He is an animal,” Sarasota County Sheriff Kurt Hoffman said after Havrilka’s arrest, saying the suspect had 19 previous felony convictions. “He’s very familiar to us,” he said.
Hoffman said his heart goes out to the victim’s family, particularly the husband, who was the first to find his wife. “It was a bloody scene,” Hoffman said. “I can’t imagine doing what the husband had to do.”
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/04/07/suspect-gruesome-hotel-murder-ruled-incompetent-stand-trial/ | 2022-04-09T06:02:10Z |
American Lung Association releases data that examines Americans' knowledge about lung cancer on World Lung Cancer Day
CHICAGO, Aug. 1, 2022 /PRNewswire/ -- Survey data released today show that only 40% of Americans are concerned that they might get lung cancer and only about one in five have talked to their doctor about their risk for the disease, despite lung cancer being the leading cause of cancer deaths in the U.S. Today on World Lung Cancer Day, the American Lung Association's LUNG FORCE initiative released the 2022 Lung Health Barometer, a national survey that examines awareness, attitudes and beliefs about lung cancer.
"Lung cancer's burden on families, individuals and our healthcare system is far too great, and awareness about the disease is too low. In fact, only 29% of Americans know that lung cancer is the leading cause of cancer deaths in the U.S. This low awareness is due in part to an undeserved stigma that has followed lung cancer for decades. The fact is that anyone can get lung cancer, and no one deserves it," said Harold Wimmer, National President and CEO of the American Lung Association. "The good news is that the lung cancer survival rate has risen substantially, and awareness of this deadly disease has steadily increased. Greater awareness of lung cancer is key to securing research funding, encouraging lung cancer screening, reducing stigma around this disease, and ultimately, saving lives."
The 2022 Lung Health Barometer surveyed 4,000 Americans nationwide about lung health and lung cancer. Key findings show that:
- Only about one in four respondents (26%) were aware that the lung cancer survival rate increased by over 30% in the past ten years.
- 73% of adults have not spoken with their doctor about their risk for lung cancer and only 40% are concerned they might get the disease.
- Only 29% of Americans know that lung cancer is the leading cancer killer.
- Nearly 70% of respondents were not familiar with the availability of lung cancer screening for early detection of the disease.
Lung cancer screening is key to early diagnosis, and early diagnosis saves lives. While awareness about the screening is still low, there has been significant work done recently to increase eligibility. Last year, the U.S. Preventive Services Task Force expanded the guidelines for screening to include individuals ages 50 to 80 years who have a 20 pack-year smoking history and currently smoke or have quit within the past 15 years. This nearly doubled the number of individuals eligible for screening and has the potential to save significantly more lives than previous guidelines. Learn more about lung cancer screening at SavedbytheScan.org.
This is the seventh year of the Lung Health Barometer, which is conducted by the Lung Association's LUNG FORCE initiative. LUNG FORCE unites those impacted by lung cancer and their caregivers across the country to stand together against lung cancer.
For media interested in scheduling an interview with a lung cancer expert, contact Jill Dale at 312-940-7001 or Jill.Dale@Lung.org.
The American Lung Association is the leading organization working to save lives by improving lung health and preventing lung disease through education, advocacy and research. The work of the American Lung Association is focused on four strategic imperatives: to defeat lung cancer; to champion clean air for all; to improve the quality of life for those with lung disease and their families; and to create a tobacco-free future. For more information about the American Lung Association, which has a 4-star rating from Charity Navigator and is a Gold-Level GuideStar Member, or to support the work it does, call 1-800-LUNGUSA (1-800-586-4872) or visit: Lung.org.
The American Lung Association's LUNG FORCE initiative those impacted by lung cancer and their caregivers across the country to stand together against lung cancer. Increased awareness about lung cancer, more education on lifesaving screening and more research funding are critical to fuel lifesaving breakthroughs. Through education, advocacy and research, LUNG FORCE works to provide hope to all those impacted by the disease and save more lives. Find out more at LUNGFORCE.org.
American Lung Association • 55 W. Wacker Drive, Suite 1150 • Chicago, IL 60601
1331 Pennsylvania Ave. NW, Ste. 1425 North • Washington, D.C. 20004
1-800-LUNGUSA (1-800-586-4872) Lung.org
CONTACT: Jill Dale | American Lung Association
P: 312-940-7001 M: 720-438-8289E: Jill.Dale@Lung.org
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SOURCE American Lung Association | https://www.mysuncoast.com/prnewswire/2022/08/01/survey-reveals-that-most-americans-are-not-concerned-about-getting-lung-cancer-nations-leading-cause-cancer-deaths/ | 2022-08-01T04:46:25Z |
MIDLAND, Mich., July 21, 2022 /PRNewswire/ -- Dow (NYSE: DOW)
- GAAP earnings per share (EPS) was $2.26; Operating EPS1 was $2.31, compared to $2.72 in the year-ago period and $2.34 in the prior quarter. Operating EPS excludes significant items in the quarter, totaling $0.05 per share, primarily related to digitalization program costs.
- Net sales were $15.7 billion, up 13% versus the year-ago period with gains in all operating segments and regions. Sequentially, sales were up 3% with gains in all regions except Asia Pacific, which was impacted by pandemic-related lockdowns in China.
- Local price increased 16% versus the year-ago period, reflecting gains in all operating segments, businesses, and regions. Currency decreased net sales by 3% year-over-year due to broad-based strength of the U.S. dollar. Sequentially, local price increased 6% with gains in all operating segments and regions.
- Volume was consistent with the year-ago period, as gains in Packaging & Specialty Plastics were primarily offset by declines in Industrial Intermediates & Infrastructure. Sequentially, volume declined 2%, driven by declines primarily in Europe and China.
- Equity earnings were $195 million, down $83 million from the year-ago period, primarily due to impacts from pandemic-related lockdowns in China. Equity earnings were up $21 million from the prior quarter, driven by gains at Sadara.
- GAAP Net Income was $1.7 billion. Operating EBIT1 was $2.4 billion, down $453 million versus the year-ago period. Gains in the Performance Materials & Coatings segment were more than offset by higher raw material and energy costs across the company as well as lower equity earnings. Sequentially, operating EBIT decreased 2%, as gains in Packaging & Specialty Plastics were more than offset by declines in Industrial Intermediates & Infrastructure.
- Cash provided by operating activities – continuing operations was $1.9 billion, down $165 million year-over-year and up $244 million compared to the prior quarter. Free cash flow1 was $1.4 billion.
- The Company's proactive actions to redeem outstanding notes totaling $750 million have delivered an annual interest expense reduction of $27 million and no substantive long-term debt maturities are due until 2027.
- Returns to shareholders totaled $1.3 billion in the quarter, comprised of $800 million in share repurchases and $505 million in dividends.
SUMMARY FINANCIAL RESULTS
- Op. Earnings Per Share, Op. EBIT, Op. EBIT Margin, Op. EBITDA, and Free Cash Flow are non-GAAP measures. See page 6 for further discussion.
®TM Trademark of The Dow Chemical Company ("Dow") or an affiliated company of Dow
CEO QUOTE
Jim Fitterling, chairman and chief executive officer, commented on the quarter:
"Team Dow once again delivered net sales growth both year-over-year and sequentially with price increases across all operating segments and regions. Our competitive advantages and relentless focus on disciplined execution enabled us to navigate the impacts of pandemic-related lockdowns in China, continued logistics constraints, and higher energy and raw material costs. As a result, we increased our cash flow and our share buybacks sequentially.
"We continued to progress our strategy to grow our underlying earnings over the economic cycle by investing in higher-return, faster-payback projects while capitalizing on long-term growth opportunities. As part of these efforts, today we announced a series of circularity projects that will enable us to achieve approximately two thirds of our 2030 'Stop the Waste' target as we capture growth for the sustainable and circular solutions our customers are increasingly demanding."
SEGMENT HIGHLIGHTS
Packaging & Specialty Plastics
Packaging & Specialty Plastics segment net sales in the quarter were $8.2 billion, up 16% versus the year-ago period. Local price increased 14% year-over-year due to tight supply and demand balances, with gains in both businesses and in all regions. Continued strong end-market demand drove a 5% year-over-year volume increase, with gains in energy, infrastructure, and packaging applications. Currency decreased net sales by 3%. On a sequential basis, the segment delivered an 8% net sales increase, driven primarily by local price gains in both businesses and in all regions.
Equity earnings were $138 million, up $8 million compared to the year-ago period primarily due to the Sadara joint venture. On a sequential basis, equity earnings increased by $28 million on gains at Sadara and the Kuwait joint ventures.
Operating EBIT was $1.4 billion, compared to $2 billion in the year-ago period, as price increases were more than offset by rapidly rising raw material and energy costs. Sequentially, Op. EBIT was up $202 million and Op. EBIT margins increased by 120 basis points due to improved product mix and integrated margins which offset higher raw material and energy costs, primarily in the U.S. & Canada.
Packaging and Specialty Plastics business delivered a net sales increase versus the year-ago period due to both local price and volume gains. Prices increased across all key product chains, led by gains in functional polymers and volumes increased on strong demand growth in packaging end-markets and materials for renewable energy applications. Sequentially, the business increased revenue on price gains in all regions, primarily in industrial, consumer, and food packaging applications.
Hydrocarbons & Energy business delivered a net sales increase compared to the year-ago period, driven primarily by higher local prices for olefins and aromatics. Sequentially, sales increased due to higher olefin prices with gains in Europe and the U.S. & Canada.
Industrial Intermediates & Infrastructure
Industrial Intermediates & Infrastructure segment net sales were $4.4 billion, up 4% versus the year-ago period. Local price improved 14% year-over-year with gains in both businesses. Currency decreased net sales by 4%. Volume was down 6% year-over-year, as declines in Polyurethanes & Construction Chemicals were partly offset by gains in Industrial Solutions. On a sequential basis, the segment recorded a net sales decline of 3%, as lower volumes due to planned maintenance turnaround activity and third-party outages were partly offset by price gains in both businesses.
Equity earnings for the segment were $57 million, a decrease of $87 million compared to the year-ago period, driven by the impact of pandemic-related lockdowns in China. On a sequential basis, equity earnings decreased by $5 million due to lower MEG margins at the Kuwait joint ventures.
Operating EBIT was $426 million, compared to $648 million in the year-ago period and $661 million in the prior quarter, as increased planned maintenance turnaround activity along with raw material and energy costs were partly offset by higher pricing.
Polyurethanes & Construction Chemicals business net sales decreased compared to the year-ago period, as local price gains were more than offset by local currency and lower volume due to planned maintenance turnaround activity, third-party outages, and inflationary impacts on demand for consumer durables. Sequentially, net sales declined as lower volumes from planned maintenance turnaround activity and third-party outages were partly offset by higher local price.
Industrial Solutions business delivered a net sales increase compared to the year-ago period, with local price and volume gains in all regions. Volume increased year-over-year on higher supply availability and strong demand for pharmaceutical, agricultural, and oil & gas-related applications. Net sales declined sequentially as lower seasonal demand for deicing fluids was partly offset by local price gains in all regions.
Performance Materials & Coatings
Performance Materials & Coatings segment net sales in the quarter were $3 billion, up 22% versus the year-ago period. Local price increased 28% year-over-year, with gains in both businesses and all regions. Currency decreased net sales by 3%. Volume declined 3% year-over-year, primarily due to the impact of pandemic-related lockdowns in China, which were partly offset by stronger demand for silicones and coatings applications in the U.S. & Canada. On a sequential basis, net sales were down 2%, as local currency impacts and lower volume in Europe and China were partly offset by strong consumer demand in the U.S. & Canada as well as higher seasonal demand for coatings applications.
Operating EBIT was $561 million, compared to $225 million in the year-ago period, as Op. EBIT margins expanded by 960 basis points primarily due to pricing gains for both silicones and coatings applications. Sequentially, Op. EBIT declined $34 million as lower siloxane prices in Europe and China were partly offset by margin expansion in Coatings & Performance Monomers.
Consumer Solutions business delivered higher net sales versus the year-ago period, with local price gains in all regions and end-market applications. Volume declined year-over-year as strong consumer demand in the U.S. & Canada was more than offset by the impact of pandemic-related lockdowns in China. Sequentially, net sales declined as volume gains from strong demand for building and construction, infrastructure, and mobility end markets were more than offset by lower siloxane volumes and prices in Europe and China.
Coatings & Performance Monomers business delivered increased net sales compared to the year-ago period, with local price gains in all regions. Despite increased supply availability in the U.S. & Canada, volume overall declined year-over-year primarily due to pandemic-related lockdowns in China. Sequentially, net sales increased with local price gains in all regions and increased volumes driven by strong seasonal demand in the U.S. & Canada.
"Looking ahead, the long-term fundamentals driving growth across our end markets remain attractive," said Fitterling. "While near-term market conditions are dynamic, we will continue to leverage our diverse, global portfolio and flexible operating model to capitalize on attractive growth opportunities. The actions we've taken to enhance the resiliency of our business position us well to deliver value across a variety of economic environments. Our disciplined and balanced approach to capital allocation has delivered higher mid-cycle earnings, an improved credit profile, and cash generation above pre-pandemic levels. Team Dow remains well-positioned to continue advancing our "decarbonize and grow" strategy while delivering attractive shareholder remuneration."
Dow will host a live webcast of its second quarter earnings conference call with investors to discuss its results, business outlook and other matters today at 8:00 a.m. ET. The webcast and slide presentation that accompany the conference call will be posted on the events and presentations page of investors.dow.com.
Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
Certain statements in this report are "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements often address expected future business and financial performance, financial condition, and other matters, and often contain words or phrases such as "anticipate," "believe," "estimate," "expect," "intend," "may," "opportunity," "outlook," "plan," "project," "seek," "should," "strategy," "target," "will," "will be," "will continue," "will likely result," "would" and similar expressions, and variations or negatives of these words or phrases.
Forward-looking statements are based on current assumptions and expectations of future events that are subject to risks, uncertainties and other factors that are beyond Dow's control, which may cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements and speak only as of the date the statements were made. These factors include, but are not limited to: sales of Dow's products; Dow's expenses, future revenues and profitability; the continuing global and regional economic impacts of the coronavirus disease 2019 ("COVID-19") pandemic and other public health-related risks and events on Dow's business; any sanction, export restrictions, supply chain disruptions or increased economic uncertainty related to the ongoing conflict between Russia and Ukraine; capital requirements and need for and availability of financing; unexpected barriers in the development of technology, including with respect to Dow's contemplated capital and operating projects; Dow's ability to realize its commitment to carbon neutrality on the contemplated timeframe; size of the markets for Dow's products and services and ability to compete in such markets; failure to develop and market new products and optimally manage product life cycles; the rate and degree of market acceptance of Dow's products; significant litigation and environmental matters and related contingencies and unexpected expenses; the success of competing technologies that are or may become available; the ability to protect Dow's intellectual property in the United States and abroad; developments related to contemplated restructuring activities and proposed divestitures or acquisitions such as workforce reduction, manufacturing facility and/or asset closure and related exit and disposal activities, and the benefits and costs associated with each of the foregoing; fluctuations in energy and raw material prices; management of process safety and product stewardship; changes in relationships with Dow's significant customers and suppliers; changes in consumer preferences and demand; changes in laws and regulations, political conditions or industry development; global economic and capital markets conditions, such as inflation, market uncertainty, interest and currency exchange rates, and equity and commodity prices; business or supply disruptions; security threats, such as acts of sabotage, terrorism or war including the ongoing conflict between Russia and Ukraine; weather events and natural disasters; disruptions in Dow's information technology networks and systems; and risks related to Dow's separation from DowDuPont Inc. such as Dow's obligation to indemnify DuPont de Nemours, Inc. and/or Corteva, Inc. for certain liabilities.
Where, in any forward-looking statement, an expectation or belief as to future results or events is expressed, such expectation or belief is based on the current plans and expectations of management and expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the expectation or belief will result or be achieved or accomplished. A detailed discussion of principal risks and uncertainties which may cause actual results and events to differ materially from such forward-looking statements is included in the section titled "Risk Factors" contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2022. These are not the only risks and uncertainties that Dow faces. There may be other risks and uncertainties that Dow is unable to identify at this time or that Dow does not currently expect to have a material impact on its business. If any of those risks or uncertainties develops into an actual event, it could have a material adverse effect on Dow's business. Dow and TDCC assume no obligation to update or revise publicly any forward-looking statements whether because of new information, future events, or otherwise, except as required by securities and other applicable laws.
®TM Trademark of The Dow Chemical Company ("Dow") or an affiliated company of Dow
This earnings release includes information that does not conform to U.S. GAAP and are considered non-GAAP measures. Management uses these measures internally for planning, forecasting and evaluating the performance of the Company's segments, including allocating resources. Dow's management believes that these non-GAAP measures best reflect the ongoing performance of the Company during the periods presented and provide more relevant and meaningful information to investors as they provide insight with respect to ongoing operating results of the Company and a more useful comparison of year-over-year results. These non-GAAP measures supplement the Company's U.S. GAAP disclosures and should not be viewed as alternatives to U.S. GAAP measures of performance. Furthermore, such non-GAAP measures may not be consistent with similar measures provided or used by other companies. Non-GAAP measures included in this release are defined below. Reconciliations for these non-GAAP measures to U.S. GAAP are provided in the Selected Financial Information and Non-GAAP Measures section starting on page 11. Dow does not provide forward-looking U.S. GAAP financial measures or a reconciliation of forward-looking non-GAAP financial measures to the most comparable U.S. GAAP financial measures on a forward-looking basis because the Company is unable to predict with reasonable certainty the ultimate outcome of pending litigation, unusual gains and losses, foreign currency exchange gains or losses and potential future asset impairments, as well as discrete taxable events, without unreasonable effort. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP results for the guidance period.
Operating Earnings Per Share is defined as "Earnings per common share - diluted" excluding the after-tax impact of significant items.
Operating EBIT is defined as earnings (i.e., "Income before income taxes") before interest, excluding the impact of significant items.
Operating EBIT margin is defined as Operating EBIT as a percentage of net sales.
Operating EBITDA is defined as earnings (i.e., "Income before income taxes") before interest, depreciation and amortization, excluding the impact of significant items.
Free Cash Flow is defined as "Cash provided by operating activities - continuing operations," less capital expenditures. Under this definition, Free Cash Flow represents the cash generated by the Company from operations after investing in its asset base. Free Cash Flow, combined with cash balances and other sources of liquidity, represent the cash available to fund obligations and provide returns to shareholders. Free Cash Flow is an integral financial measure used in the Company's financial planning process.
Cash Flow Conversion is defined as "Cash provided by operating activities - continuing operations," divided by Operating EBITDA. Management believes Cash Flow Conversion is an important financial metric as it helps the Company determine how efficiently it is converting its earnings into cash flow.
Operating Return on Capital (ROC) is defined as net operating profit after tax, excluding the impact of significant items, divided by total average capital, also referred to as ROIC.
- Europe, Middle East, Africa and India.
- "Income before income taxes."
- "Net income available for Dow Inc. common stockholders." The income tax effect on significant items was calculated based upon the enacted tax laws and statutory income tax rates applicable in the tax jurisdiction(s) of the underlying non-GAAP adjustment.
- "Earnings per common share - diluted," which includes the impact of participating securities in accordance with the two-class method.
- Costs associated with implementing the Company's Digital Acceleration program.
- Restructuring charges, asset related charges and costs associated with implementing the Company's 2020 Restructuring Program.
- Primarily related to charges associated with agreements entered into with DuPont and Corteva as part of the separation and distribution which, among other matters, provides for cross-indemnities and allocations of obligations and liabilities for periods prior to, at and after the completion of the separation.
- "Income before income taxes"
- "Net income (loss) available for Dow Inc. common stockholders." The income tax effect on significant items was calculated based upon the enacted tax laws and statutory income tax rates applicable in the tax jurisdiction(s) of the underlying non-GAAP adjustment.
- "Earnings per common share - diluted," which includes the impact of participating securities in accordance with the two-class method.
- Costs associated with implementing the Company's Digital Acceleration program.
- Restructuring charges, asset related charges and costs associated with implementing the Company's 2020 Restructuring Program.
- Asset related charges including inventory write-downs, bad debt reserves and impairments of other assets related to the conflict between Russia and Ukraine.
- Primarily related to charges associated with agreements entered into with DuPont and Corteva as part of the separation and distribution which, among other matters, provides for cross-indemnities and allocations of obligations and liabilities for periods prior to, at and after the completion of the separation.
- "Income before income taxes"
- "Net income available for Dow Inc. common stockholders." The income tax effect on significant items was calculated based upon the enacted tax laws and statutory income tax rates applicable in the tax jurisdiction(s) of the underlying non-GAAP adjustment.
- "Earnings per common share - diluted," which includes the impact of participating securities in accordance with the two-class method.
- Costs associated with implementing the Company's Digital Acceleration program.
- Costs associated with implementing the Company's 2020 Restructuring Program.
- Asset related charges including inventory write-downs, bad debt reserves and impairments of other assets related to the conflict between Russia and Ukraine.
- Primarily related to charges associated with agreements entered into with DuPont and Corteva as part of the separation and distribution which, among other matters, provides for cross-indemnities and allocations of obligations and liabilities for periods prior to, at and after the completion of the separation.
- Free cash flow in the first six months of 2021 reflects a $1 billion elective pension contribution.
Twitter: https://twitter.com/DowNewsroom
Facebook: https://www.facebook.com/dow/
LinkedIn: http://www.linkedin.com/company/dow-chemical
Instagram: http://instagram.com/dow_official
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SOURCE The Dow Chemical Company | https://www.kxii.com/prnewswire/2022/07/21/dow-reports-second-quarter-2022-results/ | 2022-07-21T11:22:02Z |
PITTSBURGH, Sept. 12, 2022 /PRNewswire/ -- "I wanted to create a system to warn campers of a wild animal and potentially scare the animal away from the campsite," said an inventor, from Monument. Colo., "so I invented the SAFE CAMP. My design could help to keep campers and a campsite safe."
The patent-pending invention provides an effective way to alert campers to the presence of a wild animal at a campsite. In doing so, it helps to prevent encounters between wild animals and humans. As a result, it enhances safety and it provides added peace of mind. The invention features a compact and portable design that is easy to use so it is ideal for campers and outdoor enthusiasts.
The original design was submitted to the Denver sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-DNV-373, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/09/12/inventhelp-inventor-develops-safety-system-campsites-dnv-373/ | 2022-09-12T18:48:35Z |
Champion Plumbing provides expertise on a life in the home service industry
OKLAHOMA CITY, June 20, 2022 /PRNewswire/ -- Champion Plumbing, a leading provider of plumbing services to the Oklahoma City area, is encouraging those seeking employment to consider working in the home service industry. With over seven years of experience as the owner of a plumbing company, Brent Harpole says a life in the trades opens a plethora of opportunities for young professionals looking for a great career.
"When I was growing up, everyone acted like you needed a four-year degree from a university to be successful in life," said Harpole, owner of Champion Plumbing. "While that way of thought has changed some over time, people still don't understand the benefits of choosing to be a plumber, HVAC technician, or electrician. High school students that choose to work in the home service industry will not only be able to provide for their family but also avoid large amounts of college debt."
While there are various reasons for working in the trades, Harpole offers these top three benefits:
- Trade school is less expensive: The expensive nature of traditional four-year colleges is well documented. When it comes to trade schools, they are substantially cheaper. According to Forbes, the average cost of attending a four-year college in 2021-22 was roughly $10,740 with the cost of a trade school being as little as $5,000.
- The trades pay well: When looking at the averages, paychecks for trade jobs are either at or above those that require four-year degrees. Annual wages for new graduates of trade schools are well above $50,000 yearly. Those wages can increase based on certifications and other training.
- Jobs are numerous: Nationwide, there is no shortage of home service companies looking for skilled laborers. This gives potential employees options to pick the company that best fits their business culture.
"Four-year colleges aren't for everyone," Harpole said. "For students that like to be more hands-on, a career in the trades may be the best option. You get hands-on experience while in trade school and have a viable path after graduation. In addition, you will be able to provide an amazing life for your family."
For more information about Champion Plumbing, visit https://callthechamps.com/.
Started in 2015, Champion Plumbing is led by the husband-and-wife duo of Leslie and Brent Harpole. Champion provides plumbing and water quality services to the residents of Oklahoma City, Oklahoma and surrounding areas. The team specializes in water heater services, drain cleaning, garbage disposals, water filtration systems and backflow repair. The company is dedicated to giving back to the local community in addition to helping them with their plumbing needs.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE Champion Plumbing | https://www.wibw.com/prnewswire/2022/06/20/oklahoma-city-plumbers-discuss-three-benefits-working-trades/ | 2022-06-20T11:36:45Z |
PARK RIDGE, Ill., Aug. 3, 2022 /PRNewswire/ -- Leaders of the American Association of Nurse Anesthesiology (AANA) congratulated Shereef Elnahal, MD, on his confirmation as Undersecretary for Health of the U.S. Department of Veterans Affairs (VA) and pledged the AANA's continued support of the VA to ensure that the nation's veterans receive timely, expert, quality care.
In an Aug. 1 letter to the undersecretary, AANA CEO Bill Bruce, MBA, CAE, highlighted the critical role Certified Registered Nurse Anesthetists (CRNAs) play in the VA healthcare system. Bruce requested a meeting with the new undersecretary to continue the AANA's discussions with the agency on the need for permanently expanding full practice authority within the scope of CRNA licensing for providing anesthesia services to veterans in every state.
Standardizing the most efficient anesthesia care delivery models across the country will help ensure veterans receive consistently safe and high-quality care in all VHA facilities, said Bruce. "VHA's failure to utilize the safest and most efficient models of care is making our veterans wait too long for the critical care they have earned and deserve."
"Nurse anesthetists are experienced and highly trained anesthesia professionals who provide high-quality patient care, demonstrated through evidence in decades of scientific research," wrote Bruce. "More than 1,000 CRNAs are available in the VHA to provide every type of anesthesia care as well as chronic pain management services to veterans."
"We appreciate the work the agency has already accomplished to protect our nation's veterans, especially during the [COVID-19] public health emergency," wrote Bruce. The public health emergency "has shown the urgent need for healthcare professionals to care for patients and also highlights the important role that CRNAs play in our healthcare system, especially when workforce barriers to practice are eliminated both at the state and federal levels," he said.
In April 2020, the VA issued Directive 1899, which allowed healthcare professionals, including CRNAs, to practice and operate at the top of their education and state scope of practice. The following fall, the VA issued an interim final rule confirming that VA healthcare professionals, including CRNAs, may practice their profession consistent with the scope and requirements of their VA employment, notwithstanding any state license, registration, certification, or other requirements that unduly interfere with their practice. The rulemaking also confirms the VA's authority to establish national standards of practice for healthcare professionals, which will standardize a healthcare professional's practice in all VA medical facilities.
CRNAs are the primary providers of anesthesia to U.S. military personnel. The ability of CRNAs to provide high-quality care, even under the most difficult circumstances, has been recognized by every branch of the U.S. military. CRNAs have full practice authority in the Army, Navy, and Air Force and are the predominant provider of anesthesia on forward surgical teams and in combat support hospitals, where 90 percent of forward surgical teams are staffed by CRNAs.
"We appreciate the VA and VHA's recognition of CRNAs' skills and value to healthcare, including the work on Directive 1899 that emphasized the importance of allowing CRNAs to practice to the full extent of their training," said Bruce.
"We strongly applaud the move by the VHA to remove barriers to care for our nation's veterans, including encouraging facilities to implement full practice authority for CRNAs, to allow them to practice to the top of their scope and education. This move allowed the VHA greater flexibility to care for our veterans, in a more efficient and cost-effective way that increases access to care," he wrote. "Our nation's veterans deserve access to timely, cost-effective, and high-quality care within the VA health system. Removing unnecessary supervision and implementing permanent FPA for CRNAs will improve healthcare and practice excellence by increasing veterans' access to a safe, high-quality healthcare workforce in the VA."
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SOURCE American Association of Nurse Anesthesiology | https://www.wibw.com/prnewswire/2022/08/03/aana-congratulates-new-undersecretary-health-veterans-affairs-pledges-support-va-americas-veterans/ | 2022-08-03T21:58:33Z |
-Round1 Will Open Two New Locations-
SANTA MONICA, Calif., July 12, 2022 /PRNewswire/ -- Macerich (NYSE: MAC), one of the nation's leading owners, operators and developers of one-of-a-kind retail and mixed-use properties in top markets, today announced a major large-format entertainment company has selected two more Macerich properties for a new location.
Round1 Bowling & Amusement is joining Macerich's high-performing Arrowhead Towne Center in fast-growing suburban Phoenix and Danbury Fair in Connecticut.
"As our A-quality properties continue to attract a wide variety of new uses and new concepts, best-in-class, large-format entertainment companies are increasingly choosing Macerich destinations for their new locations," said Doug Healey, Senior Executive Vice President, Leasing, Macerich. "More and more, people want physical places where they can be together and have fun. We're pleased that in addition to providing great settings for shopping, dining, staying, working and living, our Regional Town Centers continue to add even more large-format entertainment experiences that shoppers crave today."
Many of these additions include first-in-the-portfolio locations. Dave & Buster's is now open at Vintage Faire, the dominant retail destination in Modesto in California's Central Valley. XLanes recently opened its first Macerich location at Fashion Fair in Fresno, California, and Pinstripes is set to open at Broadway Plaza, nestled in the East Bay community of Walnut Creek, California.
Popular large-format entertainment concepts at Macerich properties include:
Round1 Bowling & Amusement, a multi-entertainment center offering bowling, arcade games, billiards, karaoke, ping pong, darts and more. Round1 is currently operating at other Macerich properties including Deptford Mall (Deptford, New Jersey), Lakewood Center (Lakewood, California), Valley River Center (Eugene, Oregon) and Fashion District Philadelphia.
Dave & Buster's (NASDAQ: PLAY) offers an impressive selection of high-quality food and beverage items along with the latest games and attractions, including state-of-the-art simulators, games of skill and the D&B Sports Bar.
XLanes FEC (Family Entertainment Center) features everything friends and families look forward to when going out, including bowling, billiards, restaurant, bar, arcade and more.
Pinstripes With 13 locations across the U.S., Pinstripes offers bowling, bocce and bistro, with made-from-scratch dining and signature service.
Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor. Developing and managing properties that serve as community cornerstones, Macerich currently owns 48 million square feet of real estate consisting primarily of interests in 44 regional town centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 GRESB ranking for the North American retail sector for seven straight years (2015-2021). For more information, please visit www.Macerich.com.
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SOURCE Macerich Company | https://www.wibw.com/prnewswire/2022/07/12/macerichs-a-quality-portfolio-continues-draw-large-format-entertainment-tenants/ | 2022-07-12T10:33:08Z |
FARMINGTON, Conn., April 11, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, April 25, 2022, at 8:30 a.m. EDT. Otis Chair & CEO Judy Marks and Executive Vice President & CFO Rahul Ghai will discuss the company's first quarter results and the outlook for 2022.
Participants are encouraged to listen live via webcast on www.otis.com. To join by phone, dial +1-877-735-3703 and an operator will place you on hold until the conference begins. Please allow 15 minutes before the scheduled start time to connect to the teleconference.
A corresponding presentation and news release as well as additional investor materials will be available on www.otis.com prior to the call and a recording of the call will be made available on the website later in the day.
Otis is the world's leading elevator and escalator manufacturing, installation and service company. We move 2 billion people a day and maintain more than 2.1 million customer units worldwide, the industry's largest Service portfolio. Headquartered in Connecticut, USA, Otis is 70,000 people strong, include 41,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. To learn more, visit www.otis.com and follow us on LinkedIn, Instagram, Facebook and Twitter @OtisElevatorCo.
Media Contact:
Katy Padgett
+1-860-674-3047
kathleen.padgett@otis.com
Investor Relations Contact:
Michael Rednor
+1-860-676-6011
investorrelations@otis.com
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SOURCE Otis Worldwide Corporation | https://www.kxii.com/prnewswire/2022/04/11/otis-first-quarter-2022-earnings-advisory/ | 2022-04-11T11:43:53Z |
MILPITAS, Calif., June 24, 2022 /PRNewswire/ -- KLA Corporation ("KLA") (NASDAQ: KLAC) today announced that it has entered into accelerated share repurchase agreements ("ASRs") with Goldman Sachs & Co. LLC and Citibank N.A. (collectively, the "Financial Institutions") to repurchase $3.0 billion of KLA's common stock. The ASRs were entered into pursuant to KLA's previously announced share repurchase programs, under which approximately $3.233 billion of share repurchase authorization will remain.
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Under the ASRs, KLA will make payments in an aggregate amount of $3.0 billion to the Financial Institutions and will receive initial deliveries of approximately 6,549,000 shares of KLA's common stock in the aggregate from the Financial Institutions, with any remaining shares expected to be delivered upon the final settlement under the ASRs, which is scheduled to occur in KLA's second fiscal quarter ending December 31, 2022, subject to earlier termination under certain limited circumstances, as set forth in the ASRs. The final number of shares to be repurchased will be based on the volume-weighted average price of KLA's common stock during the terms of the ASRs less a discount and subject to adjustments pursuant to the terms and conditions of the ASRs.
About KLA:
KLA develops industry-leading equipment and services that enable innovation throughout the electronics industry. We provide advanced process control and process-enabling solutions for manufacturing wafers and reticles, integrated circuits, packaging, printed circuit boards and flat panel displays. In close collaboration with leading customers across the globe, our expert teams of physicists, engineers, data scientists and problem-solvers design solutions that move the world forward. Investors and others should note that KLA announces material financial information including SEC filings, press releases, public earnings calls and conference webcasts using an investor relations website (ir.kla.com). Additional information may be found at: www.kla.com.
Note Regarding Forward-Looking Statements:
Statements in this press release other than historical facts, such as statements regarding the expected settlement of the ASRs and the number of shares that ultimately will be repurchased under the ASRs, are forward-looking statements and subject to the Safe Harbor provisions created by the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current information and expectations and involve a number of risks and uncertainties. Actual results may differ materially from those projected in such statements due to various factors, including but not limited to: the impact of the COVID-19 pandemic on the global economy and on our business, financial condition and results of operations, including the supply chain constraints we are experiencing as a result of the pandemic; economic, political and social conditions in the countries in which we, our customers and our suppliers operate, including rising inflation and interest rates, Russia's invasion of Ukraine and global trade policies; disruption to our manufacturing facilities or other operations, or the operations of our customers, due to natural catastrophic events, health epidemics or terrorism; ongoing changes in the technology industry, and the semiconductor industry in particular, including future growth rates, pricing trends in end-markets, or changes in customer capital spending patterns; our ability to timely develop new technologies and products that successfully anticipate or address changes in the semiconductor industry; our ability to maintain our technology advantage and protect our proprietary rights; our ability to compete with new products introduced by our competitors; our ability to attract and retain key personnel; cybersecurity threats, cyber incidents affecting our and our service providers' systems and networks and our ability to access critical information systems for daily business operations; liability to our customers under indemnification provisions if our products fail to operate properly or contain defects or our customers are sued by third parties due to our products; exposure to a highly concentrated customer base; availability and cost of the wide range of materials used in the production of our products; our ability to operate our business in accordance with our business plan; legal, regulatory and tax environments in which we perform our operations and conduct our business and our ability to comply with relevant laws and regulations; our ability to pay interest and repay the principal of our current indebtedness is dependent upon our ability to manage our business operations, our credit rating and the ongoing interest rate environment, among other factors; instability in the global credit and financial markets; our exposure to currency exchange rate fluctuations, or declining economic conditions in those countries where we conduct our business; changes in our effective tax rate resulting from changes in the tax rates imposed by jurisdictions where our profits are determined to be earned and taxed, expiration of tax holidays in certain jurisdictions, resolution of issues arising from tax audits with various authorities or changes in tax laws or the interpretation of such tax laws; and our ability to identify suitable acquisition targets and successfully integrate and manage acquired businesses. For other factors that may cause actual results to differ materially from those projected and anticipated in forward-looking statements in this press release, please refer to KLA's Annual Report on Form 10-K for the year ended June 30, 2021, and other subsequent filings with the Securities and Exchange Commission (including, but not limited to, the risk factors described therein). KLA assumes no obligation to, and does not currently intend to, update these forward-looking statements.
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SOURCE KLA Corporation | https://www.kxii.com/prnewswire/2022/06/24/kla-corporation-announces-30-billion-accelerated-share-repurchase-agreements/ | 2022-06-24T15:01:26Z |
BEIJING — China on Wednesday defended sticking to its strict “zero-COVID” approach, calling critical remarks from the head of the World Health Organization “irresponsible.”
The response from the Foreign Ministry came after WHO Director-General Tedros Adhanom Ghebreyesus said he had been discussing with Chinese experts the need for a different approach in light of new knowledge about the virus.
“When we talk about the ‘zero-COVID,’ we don’t think that it’s sustainable, considering the behavior of the virus now and what we anticipate in the future,” Tedros said.
Ministry spokesperson Zhao Lijian said at a daily briefing Wednesday, “We hope that relevant people can view China’s policy of epidemic prevention and control objectively and rationally, get more knowledge about the facts and refrain from making irresponsible remarks.”
“The Chinese government’s policy of epidemic prevention and control can stand the test of history, and our prevention and control measures are scientific and effective,” Zhao said. “China is one of the most successful countries in epidemic prevention and control in the world, which is obvious to all of the international community.”
Earlier Wednesday, deputy director of Shanghai’s Center for Disease Control Wu Huanyu reaffirmed the approach’s importance in eliminating a waning outbreak. He told reporters that while progress has been made, relaxing prevention and control measures could allow the virus to rebound.
“At the same time, now is also the most difficult and critical moment for our city to achieve zero-COVID,” Wu said at a daily briefing.
Wu gave no indication he was aware of the comments by Tedros.
Tedros was joined by Mike Ryan, the WHO’s emergencies chief, who said all pandemic control actions should “show due respect to individual and human rights.”
Countries need to “balance the control measures, the impact on society, the impact on the economy. That is not always an easy calibration to make,” Ryan said.
The incident marked a rare public show of friction between China and the WHO, which has been accused of succumbing to Chinese pressure to avoid criticism and awkward questions about the origins of the virus that was first detected in the central Chinese city of Wuhan in late 2019.
China’s ruling Communist Party has strictly controlled all discussion about its controversial approach, which aims to totally stamp out outbreaks, and said it would tolerate no criticism, questioning or distortion of the strategy. The entirely state-controlled media did not report on the comments by Tedros and Ryan and references to them on the Chinese internet appeared to have been removed by censors.
The ruthless and often chaotic implementation of zero-COVID has stirred considerable resentment in Shanghai, where some residents have been under lockdown for more than a month. As of Wednesday, more than 2 million people in the city remained confined to their residential compounds, while restrictions had been slightly relaxed for most of the other 23 million.
However, the easing appears to now be on hold, even as the number of new cases falls in the city that is home to China’s busiest port, main stock market and thousands of Chinese and foreign firms. People in some areas have been ordered to stay home again after having been let out for limited shopping in recent weeks. On Tuesday, service was suspended on the last two subway lines that were still operating.
Complaints have centered on shortages of food and other daily necessities and the forced removal of thousands of people to quarantine centers after having tested positive or having been in contact with an infected person, standard procedure in China’s zero-COVID approach.
Along with the human cost, the adherence to “zero-COVID” as many other countries loosen restrictions and try to live with the virus is exacting a growing economic toll.
However, the party under leader Xi Jinping shows no sign of backing off amid efforts to ensure stability and shore up its authority ahead of a major party congress this fall.
Chinese experts such as Wu have been careful to toe the party line, saying the strategy has been effective in limiting the official death toll in mainland China and that any let-up risks sparking a major new surge.
The daily number of new cases in Shanghai reported on Wednesday had fallen to less than 1,500, down from a peak of 26,000 in mid-April. Seven more COVID-19-related deaths were reported, raising the toll from the outbreak to 560.
While China says more than 88% of its population is fully vaccinated, the rate is considerably lower among the vulnerable elderly. Questions have also been raised about the efficacy of Chinese-produced vaccines compared to those from Europe and the United States.
In the capital Beijing, residents have been ordered to undergo mass testing in a bid to prevent a major outbreak like that in Shanghai. The city, which reported 37 new cases on Wednesday, has locked down individual buildings and residential compounds, shut about 60 subway stations and banned dining at restaurants, allowing only takeout and delivery.
The vast Forbidden City museum complex, the ancient home of China’s former emperors, will also be closing from Thursday to “reduce the danger of virus transmission in society posed by the circulation of people,” it said in a statement. | https://www.tdtnews.com/news/article_6bf78a02-d16e-11ec-901a-a7edc9446d94.html | 2022-05-12T05:25:42Z |
Ivanka Trump expected to meet with House January 6 committee Tuesday
By Ryan Nobles, Annie Grayer and Zachary Cohen, CNN
Ivanka Trump, the daughter of former President Donald Trump and a former White House senior adviser, will meet Tuesday with the committee investigating the Capitol Hill insurrection, two sources familiar with the meeting tell CNN.
In addition to being one of Donald Trump’s closest advisers, Ivanka Trump had a unique perch from which she saw the events of January 6, 2021. She was with her father most of the day, and she was in the Oval Office for key meetings.
The committee has heard testimony from other White House officials who recounted Ivanka Trump being in the room during a phone call her father had with then-Vice President Mike Pence. NBC was the first to report her meeting with the committee Tuesday.
The committee asked Ivanka Trump to appear voluntarily, so her interview Tuesday is not under the pressure of a subpoena. The meeting is happening virtually, according to one of the sources.
Her husband, Jared Kushner, met with the panel last week.
CNN has reached out to a spokesperson for Ivanka Trump and has yet to hear back.
A committee spokesperson declined to comment.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/05/ivanka-trump-expected-to-meet-with-house-january-6-committee-tuesday/ | 2022-04-05T15:51:27Z |
German court rules in favor of RealD, finding LightSpeed DepthQ CineBright system infringed RealD's 3D cinema projection system patents
LONDON, July 20, 2022 /PRNewswire/ -- A district court in Düsseldorf, Germany ruled in favour of global visual technology leader, RealD Inc., finding infringement of both asserted patents by the LightSpeed DepthQ CineBright two-beam system, it was announced today by RealD Inc.
The German court ordered a product recall and awarded injunctions, damages and costs against Lightspeed Inc., and LightSpeed's directors, for infringing on RealD's two-beam 3D cinema projection system patents (pat. numbers EP 2 469 336 and EP 2 067 066).
RealD's patented light-doubling 3D cinema systems deliver the most light efficiency of any other 3D cinema projection technology, and as a result, provide a superior projected 3D image at lower operating costs.
The rulings apply to the European patents and are the latest cases upholding and affirming RealD's patents around the world. Following a strong history of victories for RealD in numerous territories and regions including the United States, Europe, China, Japan, Russia and Australia, where the company's invention patents were successfully asserted, or challenges by infringers such as Master Image and Volfoni, were unsuccessful.
"RealD invests substantial resources in our mission to deliver the perfect visual image. To continue making such R&D commitments, we must hold infringers accountable for copying RealD's patented technologies and are delighted this German court has done just that," said Travis Reid, RealD's Chief Executive Officer.
Named three times as "Most Innovative Company" by Fast Company, RealD's mission is to perfect the visual experience on every screen and on every device. RealD pioneered digital 3D cinema and today has the world's largest 3D cinema platform with well over 2 billion people having experienced a movie in RealD 3D. RealD's network of theaters includes more than 30,000 installed screens in 75 countries with over 1,200 exhibition partners. As the world's premier visual technology innovator, RealD designs and licenses cutting-edge technologies that enable a premium viewing experience in the theater and on mobile and personal devices.
RealD has offices in Beverly Hills, Boulder, London, Moscow, Shanghai, Beijing, Hong Kong and Tokyo. For more information, please visit our website at www.reald.com
For further detailed information, the rulings from the Landgericht Düsseldorf are publicly accessible, having case numbers 4a O 73/20 and 4a O 15/21. See https://www.lg-duesseldorf.nrw.de/
The asserted European patents EP 2 469 336 and EP 2 067 066 are validated in various European territories.
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SOURCE RealD, Inc. | https://www.kxii.com/prnewswire/2022/07/20/reald-wins-patent-lawsuits-against-lightspeed-depthq/ | 2022-07-20T15:38:02Z |
NEW YORK, April 29, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings (NYSE: BKKT, BKKT-WT) (NASDAQ: VIHAU, VIH, VIHAW) (a) between May 7, 2021 and February 25, 2022, inclusive (the "Class Period"); and/or (b) pursuant and/or traceable to the Offering Documents issued in connection with the business combination between the Company and Bakkt Holdings, LLC ("Legacy Bakkt") completed on or about October 15, 2021 (the "Business Combination"), of the important June 20, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Bakkt securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Bakkt class action, go to https://rosenlegal.com/submit-form/?case_id=5546 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 20, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation, and that throughout the Class Period defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Offering Documents and defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company had defective financial controls; (2) as a result, there were errors in the Company's financial statements related to the misclassification of certain shares issued prior to the Business Combination; (3) accordingly, the Company would need to restate certain of its financial statements; (4) the Company downplayed the true scope and severity of these issues; (5) the Company overstated its remediation of its defective financial controls; and (6) as a result, the Offering Documents and defendants' public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Bakkt class action, go to https://rosenlegal.com/submit-form/?case_id=5546 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
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The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/04/29/rosen-national-trial-counsel-encourages-bakkt-holdings-inc-fka-vpc-impact-acquisition-holdings-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-bkkt-bkkt-wt-vihau-vih-vihaw/ | 2022-05-01T05:49:48Z |
WIMBLEDON, England (AP) — Yet another of the highest-ranked players on the men’s tour is out of the tournament at Wimbledon. Novak Djokovic or Rafael Nadal are not among them.
Casper Ruud, the runner-up to Nadal at this year’s French Open, became the seventh of the top 11-ranked male players to be out of the grass-court Grand Slam for either losing early, injury, illness or being banned.
Ruud, who was seeded third but ranked sixth, lost to Ugo Humbert of France 3-6, 6-2, 7-5, 6-4 on Wednesday in the second round.
Djokovic, a six-time Wimbledon champion who is looking for his fourth straight title at the All England Club, beat Thanasi Kokkinakis of Australia 6-1, 6-4, 6-2 to reach the third round. Nadal advanced to the second round on Tuesday.
The third-ranked Djokovic, No. 4 Nadal, No. 5 Stefanos Tsitsipas and No. 7 Carlos Alcaraz are the only players in the top 11 remaining in the draw. Top-ranked Daniil Medvedev is out because of a ban on Russians over the war in Ukraine, No. 2 Alexander Zverev is injured, No. 8 Andrey Rublev of Russia is also banned, No. 9 Felix Auger-Aliassime and No. 10 Hubert Hurkacz lost, and No. 11 Matteo Berrettini withdrew after testing positive for COVID-19.
Djokovic hosted Boris Becker’s girlfriend and the three-time Wimbledon champion’s son in his box for the match. Becker, who previously coached the Serb, was sentenced to 2 1/2 years in prison in Britain for illicitly transferring large amounts of money and hiding assets after he was declared bankrupt.
“I’ve just been trying to give support to people around him, his closest people, his family members, because I consider Boris really a family member, someone that I greatly appreciate, respect, and care about,” Djokovic said. “We’ve been through a lot together during those three years of collaboration. Our relationship dates back even before that. Of course, after we finished our professional relationship, we always stayed close, him with my team, with my agents, with my family.
“He knows and they know that they can always count on me for whatever support or help I can provide.”
In the women’s tournament, three of the top 11 ranked players were eliminated on Wednesday.
Anett Kontaveit lost to Juke Niemeier of Germany 6-4, 6-0, while 2017 Wimbledon champion Garbiñe Muguruza was beaten by Greet Minnen 6-4, 6-0 and U.S. Open champion Emma Raducanu lost to Caroline Garcia 6-3, 6-3.
Kontaveit was seeded second at Wimbledon but is ranked third, while Muguruza was seeded ninth and ranked 10th, and Raducanu was seeded 10th and ranked 11th.
Kontaveit said she had COVID-19 in recent months and has struggled to get her energy back.
“I had it a couple, two months ago, I think, or something like that. Then I tried to come back very quickly. I started training. It was low intensity, but I was still training every day. I think that was where I went wrong,” the 26-year-old Estonian said. “Just thinking back at it, I probably should have given myself more time to recover.”
Among the winners were No. 6 Karolina Pliskova of the Czech Republic, who beat Tereza Martincova 7-6 (1), 7-5 in a match that started Tuesday, No. 8 Jessica Pegula of the United States, No. 12 Jelena Ostapenko of Latvia and No. 15 Angelique Kerber of Germany.
Ruud was making his third appearance at the All England Club. His victory over Albert Ramos-Vinolas on Monday was his first at the grass-court Grand Slam.
He became the first Norwegian player to reach a Grand Slam final when he made the championship match at Roland Garros, but he lost to Nadal in straight sets. He had withdrawn from the Australian Open with an ankle injury.
No. 9 Cam Norrie of Britain, No. 22 Nikoloz Basilashvili of Georgia, No. 23 Frances Tiafoe of the United States, No. 25 Miomir Kecmanovic of Serbia and No. 32 Oscar Otte of Germany all advanced to the third round.
___
More AP Wimbledon coverage: https://apnews.com/hub/wimbledon and https://apnews.com/hub/tennis and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/french-open-runner-up-ruud-loses-in-2nd-round-at-wimbledon/ | 2022-06-29T17:44:19Z |
KU Volleyball to retire two jersey in September
LAWRENCE, Kan. (WIBW) - University of Kansas volleyball coach Ray Bechard has announced that they will be retiring the jerseys of Ainise Havili and Kelsie Payne during the upcoming 2022 season.
Havili, who attended KU from 2014-2017, was a three-time All-American and back-to-back Big 12 Setter of the Year. She was also a member of the 2015 Final Four team and 2016 Big 12 Championship team.
Havili was recently named a volunteer assistant coach for women’s volleyball with the Purdue Boilermakers.
Payne also played for the Jayhawks from 2014 - 2017 and was a two-time AVCA First Team All-American and the 2016 Big 12 Player of the Year. She holds KU records for career hitting percentage ( .334) , career kills (1,510 kills) and kills per set (3.63).
Payne currently plays for SigortaShop Kadin Voleybol Kulubu in Ankara, Turkey.
Both Havili and Payne will be recognized at the conclusion of the Jayhawk Classic at 2:30 p.m. on September 17th at the Horesji Family Volleyball Arena.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/08/ku-volleyball-retire-two-jersey-september/ | 2022-08-08T21:26:05Z |
Exclusive: South Korea’s new leader says age of appeasing North Korea is over
By Jessie Yeung, Paula Hancocks and Yoonjung Seo, CNN
The age of appeasing North Korea is over and any new talks between Seoul and Pyongyang must be initiated by North Korean leader Kim Jong Un, South Korea’s new conservative President Yoon Suk Yeol said on Monday.
Speaking exclusively to CNN in his first media interview since taking office two weeks ago, Yoon said: “I think the ball is in Chairman Kim’s court — it is his choice to start a dialogue with us.”
North Korea has launched 15 missile tests so far this year — more than in the past two years combined — and last month Kim vowed to “strengthen and develop” its nuclear forces at the “highest possible” speed.
From his new presidential office at the former defense building in Seoul, Yoon told CNN South Korea and its allies stand ready for any acts of North Korean provocation.
“Just to escape temporarily North Korean provocation or conflict is not something that we should do,” he said, pointing at the previous liberal administration’s conciliatory strategy. “This kind of approach over the past five years, has proven to be a failure.”
Yoon, a former prosecutor and newcomer to politics, has consistently emphasized his tougher stance on North Korea and desire to strengthen the South’s military — a departure from predecessor Moon Jae-in, who had promoted dialogue and peaceful reconciliation.
Despite his stance, Yoon said Monday he didn’t want North Korea to “collapse.”
“What I want is shared and common prosperity on the Korean Peninsula,” he said — but added, “I do not believe that enhancing [North Korea’s] nuclear capability is helpful and conducive to maintaining international peace.”
The US, China and the Quad
Given North Korea’s recent surge in missile testing and resumed activity at its underground nuclear test site, regional leaders were on edge over the weekend as Yoon met with US President Joe Biden in Seoul.
US officials had warned the North could be preparing for an underground nuclear or intercontinental ballistic missile test during Biden’s visit — his first Asia trip since taking office.
So far, that hasn’t happened.
But the two men found common ground, Yoon said, showing CNN a gift received from Biden, a sign that read, “The buck stops here.” The quote is often associated with former US President Harry S. Truman. “I don’t know how (Biden) knew that I like this statement,” Yoon said, placing it in the middle of his desk.
Throughout his campaign, Yoon emphasized the importance of South Korea’s close security alliance with the US — a push that was on full display after his meeting with Biden, when the US President praised their relationship as reaching “new heights.”
After their meeting, the two leaders announced in a joint statement they would begin discussions on restarting and potentially expanding joint military drills that had been halted under Biden’s predecessor — a step likely to draw fury from North Korea.
On Monday, Yoon defended the move as purely defensive. Regular military training is “the basic duty of every military around the world to maintain their readiness,” he said.
He added that in the case of an attack, the US would provide assistance including missile defense and its “nuclear umbrella,” the promise of protection from a nuclear-armed state to a non-nuclear ally.
However, he ruled out the possibility of “redeploying tactical nuclear weapons on the [Korean] Peninsula.”
But South Korea could see its partnership with the US and other regional players expand in other ways.
Yoon said it was in South Korea’s “national interest” to join Biden’s Indo-Pacific Economic Framework, a newly-unveiled economic plan for like-minded democracies in the region that is widely seen as a counter to China’s sway.
He added that South Korea is also considering joining several working groups of the “Quad,” or Quadilateral Security Dialogue — an informal group made up of the US, Australia, India and Japan — to collaborate in areas including vaccines, climate change and emerging technology. However, he stopped short of saying the South would seek official Quad membership, saying it was something they would “continue to consider.”
The Quad has become more active in recent years as concerns grow about China’s territorial claims in the region, with all four leaders set to hold an in-person summit in Tokyo on Tuesday. Beijing has condemned the bloc as an anti-China “clique” emblematic of a “poisonous” Cold War mentality.
For years, South Korea has tried to balance its US alliance with growing economic ties with China — but Seoul’s relations with Beijing have become strained in recent years.
Throughout his campaign, Yoon took a cooler tone than his predecessor toward China, portraying the country as an economic rival.
When asked about the risk of provoking Beijing’s fury by forging closer ties with the US, Yoon brushed off the threat of economic retaliation.
“Even if we strengthen our alliances with the United States in security and technology, it does not mean that we think our economic cooperation with China is unimportant,” he said. Besides, he added, both South Korea and China depend on their mutual cooperation — “so I do not believe it is reasonable for China to be overly sensitive about this matter.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/23/exclusive-south-koreas-new-leader-says-age-of-appeasing-north-korea-is-over-2/ | 2022-05-23T15:59:46Z |
HONG KONG and SANTA CLARA, Calif., April 26, 2022 /PRNewswire/ -- Digital Enhancement Limited today announces the commercial launch of the Intel FPGA-based Digital Front-End (DFE) IP solution, which provides high-performance and high efficiency 5G radio solution across scalable multiple Intel FPGA families.
With the continuous evolution of 5G & WiFi, RAN communication solutions such as Remote Radio Units (RRU), repeaters and routers have increased requirements on radio performance and system level power efficiency. From Massive-MIMO Macrocell to Small Cell, the DFE technologies including DPD (Digital Pre-Distortion) and CFR (Crest Factor Reduction) have been well recognized as the key enabling and differentiating elements to satisfying demanding use cases crossing different frequency bands, bandwidths, under different PA types and output power combinations.
"Digital Enhancement is a start-up company focusing on building the world's leading agile DFE technology, breaking the limitations of traditional DFE solutions that are bandwidth constrained, require tight coupling of hardware and with limited choices of power amplifiers. We are very pleased to have in-depth collaboration with Intel in the past year to provide a joint commercial DFE solution over FPGA for 5G base station mass production. This not only fully validates the fast and lightweight implementation of Digital Enhancement's DFE solution, but also its high-performance linearization and cost effectiveness. Customer can also easily evaluate the overall RF system performance based on different DPD models and PAs with our developed DETP, a powerful testing platform with 3GPP signal generator, DFE and analysis functions built-in," said Ziming Wang, Founder and CEO of Digital Enhancement.
The DFE IP "Hummingbird" series supports 3G/4G/5G communications, covering all types of PA techniques, and can effectively reduce the Long-term Memory Effect on GaN amplifiers. With Hummingbird IP, only minimum FPGA resource at a relative low sampling rate is required to deliver the necessary performance to linearize high power amplifiers for base station equipment under the use case of 4T4R and 200MHz signal bandwidth. While delivering a high linear performance, such as one that's better than -50dBc ACLR and less than 2.5% EVM on a PA of more than 40% efficiency, the overall cost of the digital and RF systems in RRUs can be also significantly reduced.
"PA non-linearity issue has been the most challenging problem in RU design for more than three decades. With the need of RU to now support higher bandwidth (e.g. in excess of 200MHz) in multi-band configurations at lower thermal budget, it's critical to employ best-in-class DPD technology on a flexible and scalable hardware portfolio as the solution to address; a wide variety of different radio use cases. Intel's FPGA family, including Agilex, Stratix, and Arria, have been designed for the efficient and flexible DFE implementations, particularly with the industry's best performance per watt Intel Agilex FPGA family. The combination of DPD technology from our partner Digital Enhancement running on Intel FPGAs would offer one of the best choices to our customers for radio design," said Mike Fitton, General Manager, Network Business Division of Intel's Programable Solution Group.
Next, Digital Enhancement will continue to scale up its collaboration with 5G base stations and O-RAN vendors worldwide, and to expand the application of miniaturized DFE in the WiFi and mobile device markets.
About Digital Enhancement
Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.
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SOURCE Digital Enhancement Limited | https://www.kxii.com/prnewswire/2022/04/26/digital-enhancement-launches-digital-front-end-dfe-ip-intel-fpga-bringing-innovative-5g-green-radio/ | 2022-04-26T11:06:25Z |
Experts Share Insights on Current Practices in College and University Admissions
LOS ANGELES, June 14, 2022 /PRNewswire/ -- "In Conversation with…" is the UCLAxOpen seminar series focused on the changing landscape of college admissions. This inaugural program brings together influential industry professionals, thought leaders, a New York Times best-selling author, and other experts starting on Thursday, June 16. Sessions are moderated by UCLA Extension instructors and the seminars are offered at no cost.
Guest speakers will examine the college admissions landscape and Covid-19's impact on parents, students, and access to higher education. Topics include: Careers, admissions criteria, assessment/testing, college and university options, financial aid, diversity and inclusion, online learning, COVID-19 disruption, and admissions bias.
"In Conversation with" features
June 16: Eric Hoover, Senior Writer, The Chronicle of Higher Education
June 30: Adam Ingersoll, Founder and Principal, Compass Education
July 7: Michael Vilardo, President/Co-Founder, Subject, E-Learning Provider of High School Curriculum
July 21: Jeffrey Selingo, Journalist and New York Times Best Selling author, "Who Gets in and Why: A Year Inside College Admissions"
July 28: Dr. Angel B. Perez, CEO, National Association of Admission Counseling (NACAC)
"This new UCLAxOpen series presents valuable insights from influential leaders in the world of college admission. This series provides a roadmap for parents, future students, and those interested in counseling careers," said Jennifer Mandel, Program Director at UCLA Extension. "UCLA Extension serves as a resource for higher education and college admissions professionals globally. This program spotlights the value of up-to-the-moment knowledge, training, and best practices in this field, exactly the kinds of topics we teach in the online College Counseling certificate."
According to Statista, There were approximately 18.99 million college students in the U.S. in 2020, with 13.87 million enrolled in public colleges and 5.12 million students enrolled in private colleges.
The "In Conversation with…" speaker series runs from June 16 to July 28 with sessions accessible via Zoom. Each session features a Q&A with speakers. Registration is required for the no-cost sessions. Reserve a space here.
For more information about the online College Counseling certificate contact onlineccc@unex.ucla.edu
UCLAxOpen offer no-cost personal enrichment and professional development seminars every quarter. The online seminars are designed to share timely and relevant learning opportunities in short and flexible formats. Find out more here.
Founded in 1917, UCLA Extension is the continuing education division of the UCLA. UCLA Extension offers courses and certificates that enhance the careers of over 46,000 students, locally and globally. As an open enrollment program, UCLA Extension offers online and in-person courses in the arts, business, management, education, engineering and digital technology, entertainment studies, public policy, health care, humanities and sciences, and many other fields. UCLA Extension courses and programs begin quarterly, Fall, Winter, Spring, and Summer. Find out more at uclaextension.edu. Summer quarter courses begin on June 21, 2022. Enroll now.
News media may contact:
Denis Wolcott
213-200-1563
Denis@theWolcottCompany.com
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SOURCE UCLA Extension | https://www.mysuncoast.com/prnewswire/2022/06/14/uclaxopen-new-series-college-admissions-explores-testing-diversity-covid-19-key-topics/ | 2022-06-14T15:12:50Z |
Aimed at small and emerging biopharma/biotech manufacturers, this service fills a gap in the market
COLUMBUS, Ohio, July 13, 2022 /PRNewswire/ -- Today, Two Labs, an industry-leading pharma services company, is announcing the launch of Medical Affairs & Communications as its newest service.
In a market where most medical affairs and medical communications service providers are built to support large pharma, Two Labs is aiming to fill the gap for small and emerging biopharma and biotech manufacturers. Now having the ability to add medical affairs & communications planning early in the launch strategy, Two Labs will provide an even more holistic approach to their client work with added services such as medical strategy, medical comms, publication planning/strategy, and publications.
"When we looked at what our clients were needing, we heard over and over that the medical affairs and communications services that were offered to them just weren't at the right size or speed for a small, emerging company," said Howard Miller, Two Labs CEO. "Working with these kinds of companies is what Two Labs thrives on, so we saw an immense opportunity to provide our clients with even more value. We already know how to build tailored strategies for these kinds of manufacturers, so once we could get the right people in place for this specific service, we were ready to hit the ground running."
Two Labs' Medical Affairs & Communications is being led by General Manager Kimberly Cash. Kimberly has led medical affairs development at small to large pharmaceutical companies for over 15 years and understands the unique challenges of BioTech/BioPharma through her experience leading several successful multi-faceted product launches in the BioTech/BioPharma space. Kimberly holds board certification as a medical affairs specialist (BCMAS) and has passed the certification exam for medical publication professionals (CMPP).
"The goal in building this new service is to tailor every single piece to emerging and small pharma," Kimberly said. "My experience in working across the spectrum from small to large pharma has taught me that emerging and small companies have unique needs that cannot be met with the same strategies that are built to serve established and large companies. Two Labs' Medical Affairs & Communications is built to meet these companies where they are, and then scale with them as they grow."
Two Labs officially launched the Medical Affairs & Communications service in May 2022.
About Two Labs
Two Labs is a leading pharmaceutical services company that partners with pharma/biotech companies, providing integrated and customized commercial solutions. We help chart the path from clinical to commercial for a new product launch and provide strategies for continued market viability for drugs on the market. Since its inception in 2003, Two Labs has led 215+ new product launches and more than 300+ in-market projects from pre-launch to loss of exclusivity. For more information, visit www.TwoLabs.com
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SOURCE Two Labs, LLC | https://www.wibw.com/prnewswire/2022/07/13/two-labs-adds-medical-affairs-amp-communications-suite-services/ | 2022-07-13T14:10:03Z |
AIQ is one of top 10 CDP companies for second year in a row
NEW YORK, Aug. 30, 2022 /PRNewswire/ -- ActionIQ, the leader in customer experience (CX) solutions, today announced that it was named to the Constellation ShortList™ for CDPs in Q3 2022, the second year in a row that AIQ has been recognized among the leading CDP solutions. The technology vendors included in this program deliver critical transformation initiative requirements for early adopters and fast-follower organizations.
As enterprise brands navigate an unpredictable economy, CX that supports customer retention, brand loyalty and higher customer lifetime value is becoming more business-critical. ActionIQ helps enterprises pull together fragmented customer insights and put impactful CX in motion with an extensible AIQ CX Hub powered by a CDP. The AIQ CX Hub breaks down organizational silos, eliminates inefficient processes and empowers every team member to exceed customer expectations.
"We are very excited to be included as one of the Top 10 CDP solutions yet again," said Leah Pope, CMO at ActionIQ. "The sustained fast growth of ActionIQ, our stellar customer retention and a string of industry awards and accolades are all testament to the strength of the AIQ CX Hub. It's the only solution that can combine the full historical customer profile with real-time events – leveraging both known and anonymous customer and account data – to orchestrate the next best experience or customer journey."
The AIQ CX Hub comprises four modular solutions — Customer Data Platform (CDP), Audience Center, Journey Management and Real-Time CX — designed to help brands give business teams the freedom to explore and action on customer data, while helping technical teams extend and enhance existing technology investments to manage data governance, costs and performance. The CX Hub flexibly integrates with any data source or channel, and gives organizations the freedom to purchase a CDP from AIQ or use their own in-house solution.
The top 10 CDP solutions were picked out of more than 50 solutions evaluated, and the leaders were selected based on 15+ criteria. This Constellation ShortList™ for CDPs is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research.
"Once believed to be a marketing tool for marketing teams, the real value of a CDP is unlocked when the solution is deployed as a critical underpinning to an enterprise-wide customer experience (CX) strategy that demands an enterprise-wide understanding of the customer," states the Constellation report.
"Organizations must reconsider how they balance business models, work/life priorities, and new market conditions during the uncertain climate of the Great Refactoring," said R "Ray" Wang, chairman and founder at Constellation Research. "Constellation's ShortLists reflect the top vendors that matter most to our network of buy-side clients. We publish ShortLists to expedite the decision-making process for leaders making critical vendor selections, so they can find the right partners to enable their business success."
Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation and streamline business processes. Products and services named to the Constellation ShortList meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research. The portfolio is updated at least once per year as the analyst team deems necessary based on market conditions.
The Q3 2022 Constellation ShortList™ for CDPs can be found here.
AIQ brings order to CX chaos. Our Customer Experience Hub empowers everyone to be a CX champion by giving business teams the freedom to explore and action on customer data while helping technical teams extend and enhance existing technology investments to manage data governance, costs and performance. Enterprise brands such as Autodesk, M&T Bank, The New York Times, Neiman Marcus, Hertz and many more use our CX Hub to drive growth through extraordinary customer experiences. Learn more at actioniq.com.
Disclaimer
Constellation Research does not endorse any solution or service named in its research.
Media Contact
Brianne Fortuna
Hudson Cutler for ActionIQ
bfortuna@hudsoncutler.com
+1-315-404-5756
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SOURCE ActionIQ | https://www.kxii.com/prnewswire/2022/08/30/actioniq-named-constellation-shortlist-customer-data-platforms-cdps/ | 2022-08-30T14:50:05Z |
NEW YORK, June 22, 2022 /PRNewswire/ -- Piranha announced today its acquisition of Manhattan Made Marketing. This venture increases capabilities in creative production and digital strategy, bringing immediate scale to the two firms.
Bogdan Dzyurak, founder and CEO, Manhattan Made Marketing, and Jerry Media alum, will join Piranha effective immediately to lead its digital practice.
"We have collaborated with Bogdan and his team on multiple projects and are thrilled to formalize that relationship by combining forces," said Sean Ananou, Managing Partner, Piranha. "We've seen 50% year over year growth since 2019, with more demand for media strategy and distribution. Now, we can fully align creative and digital capabilities with this move."
The combined agencies will operate under the Piranha name. Piranha, founded in 2009, is known for its agile and bespoke approach to creative strategy and content production, partnering with top-tier clients such as Saint Laurent, Paramount, and Life Time.
Manhattan Made Marketing brings that same DNA of agility and performance in the digital space, with the focus of creating value for start-ups and high-growth companies.
"I am very excited to join the talented Piranha team," said Dzyurak. "I started MMM to help small to mid-sized companies engage in digital marketing, more effectively using the tools that bigger brands have capitalized on. With this merger, we now have the resources to advance our vision of being a digital partner to clients rather than a single project agency, he explains."
Rob Sabatini, Founder and Executive Creative Director of Piranha, also looks forward to the union. "We understand that high-end creative can be a luxury, while media distribution is a necessity," he added. "Our goal is to be a partner to clients on both fronts. No matter the scope of a project – creative or strategy – we want to make available our full resources to deliver value and results for clients."
Even with the growth this acquisition brings, the combined agency plans to remain small and agile as part of its core strength. Brooklyn, NY will remain headquarters, with offices in Denver, Miami, and Barcelona.
Piranha, an independent creative agency founded in 2009, brings together a network of strategists and creators to serve leading consumer brands, high-growth ventures, and global organizations. From conceiving and launching full funnel campaigns, to executing immersive activations, and producing acclaimed content, the agency helps clients define, design and deploy ideas at scale. piranhanyc.com
Contact
press@piranhanyc.com
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SOURCE Piranha | https://www.kxii.com/prnewswire/2022/06/22/piranha-an-nyc-based-creative-agency-acquires-manhattan-made-marketing-digital-agency-with-offices-miami-barcelona/ | 2022-06-22T12:49:27Z |
- VOTE NOW by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international
- VOTE NOW online at www.proxyvote.com
PHOENIX, July 18, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today announced that its 2022 Annual Meeting of Stockholders has been adjourned to August 2, 2022, at 3:00 p.m. Pacific Time to allow stockholders additional time to vote FOR Proposal 2.
Nikola stockholders have voted overwhelmingly in favor of Proposal 2 as more than 208 million shares have been voted in favor. As of July 18, the Company is less than 0.5% short of the outstanding shares needed to be voted in favor for Proposal 2 to pass, which equates to less than 1.6 million shares needed. Approximately 105 million shares have not yet been voted on the proposal.
While the other proposals that have received the necessary vote required only a majority of shares voted, Proposal 2 requires a majority of all outstanding common stock to pass. This means Proposal 2 has a much higher threshold needed for approval. Nikola also has a diverse stockholder base with many investors that hold small positions in the company, making every vote received meaningful.
Nikola is urging ALL stockholders to vote IMMEDIATELY FOR Proposal 2, which would allow Nikola to increase the authorized number of shares of common stock to 800 million, providing the Company greater flexibility to support the future growth and development of the business.
"Thanks to the overwhelming support of our stockholders, we are getting closer to securing the number of votes needed to approve Proposal 2, with less than 1.6 million shares still needed. We urge all stockholders – regardless of the number of shares you own – to vote today and play a role in supporting Nikola's business objectives and advancing our vision of a zero-emissions future," said Mark Russell, Nikola's Chief Executive Officer.
Every single vote matters. Stockholders must ACTIVELY VOTE by 11:59 p.m., Eastern Time, on August 1, 2022, to ensure their vote is counted. The record date for the adjourned annual meeting continues to be April 4, 2022. No additional action is required for stockholders who have already voted.
As previously communicated, the requisite number of votes have been received to approve Proposal 1, Election of Directors, Proposal 3, Non-binding Advisory Vote on Executive Compensation, and Proposal 4, Ratification of Appointment of Independent Registered Public Accounting Firm.
Voting is quick and simple:
- BY PHONE: Please call Alliance Advisors, Nikola's proxy solicitor, toll-free, at (855) 935-2562. International voters can call 1-(207) 607-7123. You can also contact Alliance Advisors if you have any questions about voting.
- BY INTERNET: Vote at www.proxyvote.com using your control number by following the instructions shared by your broker, bank or other nominee.
The adjourned annual meeting will continue to be held at www.virtualshareholdermeeting.com/NKLA2022 via live audio webcast.
About Nikola Corporation
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
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SOURCE Nikola Corporation | https://www.kxii.com/prnewswire/2022/07/18/nikola-adjourns-will-reconvene-annual-meeting-stockholders-august-2-2022-secure-less-than-05-votes-needed/ | 2022-07-18T22:26:05Z |
The extended partnership includes access to Dedalus's robust data-mining technology to facilitate the ingestion, harmonization, and analysis of patient data
NEW YORK, June 16, 2022 /PRNewswire/ -- ObvioHealth, a global virtual research organization (VRO), extends its strategic alliance with Dedalus Group ("Dedalus"), the leading healthcare and diagnostic software solutions provider in Europe, to include global licensing of Dedalus's technology.
The two companies first partnered in 2021 to allow ObvioHealth to evaluate anonymized analytics of Dedalus's healthcare records. This new agreement grants ObvioHealth use of Dedalus's data mining and analytics tools for their own research as well as that of its partners and sponsors. This technology will enable access to analytics of ObvioHealth's own multi-source healthcare data to inform better clinical trial design and recruitment as well as longitudinal disease and treatment trends.
Partner sites and their providers will also be able to propose clinical trials to their patients, a key area of opportunity given a recent WRG Market Analysis indicating that only 3% of physicians and 5% of patients currently participate in clinical trials. The data will also help train AI-enabled digital and diagnostic instruments to provide deeper analysis of certain disease states.
"We are pleased to provide ObvioHealth with a platform that can harmonize a seamless flow of multi-source data from disparate healthcare applications into a standard compliant and secure ecosystem," said Koenraad Batselier, Vice President for Life Sciences at Dedalus Group. "By linking data sets semantically and normalizing them to an industry standard, we are opening up a whole new market—providing data infrastructure for clinical research in a way that was not previously possible."
ObvioHealth's digital research ecosystem includes digital devices and instruments, used primarily for the purpose of conducting decentralized clinical trials. This agreement with Dedalus will strengthen ObvioHealth's capabilities in the identification and analysis of disease, comorbidity and treatment patterns that can assist providers with decisions in a real clinical workflow.
"The power of this ecosystem goes beyond clinical trials," said Ivan Jarry, CEO of ObvioHealth. "With the ability to aggregate complex data sets we unlock a wealth of possibilities —from identifying disease correlations and trends to uncovering new indications for treatment."
For more information, visit www.obviohealth.com.
ObvioHealth is an end-to-end Virtual Research Organization (VRO) that delivers better data to sponsors and an easier clinical trial experience for participants. The company developed and launched one of the first patient-centric apps downloadable on smartphones, enabling people to participate in clinical trials from the comfort of their homes. In the 5 years since launch, the company has been awarded 46 studies from 28 blue chip clients, implemented in 28 countries, across 18 different therapeutic areas.
Dedalus Group is the leading healthcare and diagnostic software provider in Europe, supporting the digital transformation of 6300 Healthcare Organisations and 5700 Labs and Diagnostic centres worldwide, processing its solutions for more than 540 millions of population worldwide. Dedalus offer supports the whole continuum of care, offering open standards-based solutions serving each actor of the Healthcare Ecosystem to provide better care in a healthier planet. Life Flows through our software.
For more information, visit www.dedalus.com
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SOURCE ObvioHealth | https://www.mysuncoast.com/prnewswire/2022/06/16/obviohealth-expands-digital-health-research-ecosystem-through-new-global-licensing-agreement-with-dedalus/ | 2022-06-16T14:18:50Z |
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
HAMILTON, Bermuda, Aug. 9, 2022 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE and OSE: BORR) announces today that it plans to make a public offering of $250,000,000 of its common shares in the United States. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to $25,000,000 of additional common shares.
No securities in the NYSE offering will be offered or listed on Oslo Stock Exchange.
The Company plans to use the proceeds from the offering to consummate a refinancing with its lenders under its Syndicated Facility, New Bridge Facility, Hayfin Facility and shipyard delivery financing arrangements with Keppel and PPL, and for general corporate purposes, which may include, among other things, repayments of the Company's debt obligations, payments to its creditors in return for potential concessions or extensions of current facilities, capital expenditures, including costs in connection with activations and re-activations of rigs being brought into operations, or funding of our working capital.
DNB Markets, Clarksons Securities, Pareto Securities, ABG Sundal Collier ASA, Arctic Securities AS, Fearnley Securities and SpareBank 1 Markets are the book-running managers for the offering. Cleaves Securities AS is a co-manager for the offering.
Closing of the offering will be subject to (i) the Company's authorized share capital being increased by 40,000,000 common shares, pursuant to a special general meeting to be held on August 16, 2022, (ii) the Company's authorized share capital being further increased by 35,000,000 common shares pursuant to a second special general meeting to be held on August 25, 2022, and (iii) the Company having entered into binding term sheets or other binding agreements with all applicable lenders or obtaining written commitments approved by the Company's Board of Directors, under its Syndicated Facility, New Bridge Facility, Hayfin Facility and shipyard delivery financing arrangements with Keppel and PPL, no later than the time of the special general meeting to be held on August 16, 2022.
A first settlement of the offering is expected on August 17, 2022, subject to fulfilment of the conditions described in (i) and (iii) above. A second settlement is expected on August 26, 2022, for the remainder of the shares, provided all the conditions described above are satisfied.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, nor will there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
This stock exchange notice was published by Andreas Lavik Lie, Vice President Treasury & Investor Relations of the Company, on 9 August 2022 at 22:45 CEST.
About Borr Drilling Limited
Borr Drilling Limited is an international drilling contractor incorporated in Bermuda in 2016 and listed on the Oslo Stock Exchange on August 30, 2017 and on the New York Stock Exchange on July 31, 2019 under the ticker "BORR". The Company owns and operates jack-up rigs of modern and high specification designs and provides services focused on the shallow water segment to the offshore oil and gas industry worldwide. Please visit the Company's website at: www.borrdrilling.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words or phrases such as "may," "will," "anticipate," "plan," "expect," or other similar expressions. These forward-looking statements include statements with respect to the offering, the conditions to the offering, including the refinancing with certain of the Company's lenders, the intended use of proceeds, and other non-historical statements.
The forward-looking statements included in this press release are subject to significant risks, uncertainties, contingencies and factors that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements including risks related to the conduct of the offering, the use of proceeds, whether the conditions to closing of the offering will be met, the risk that the Company will not consummate the proposed refinancing, the number of shares to be sold in the offering and other risks described in the Company's most recent Annual Report on Form 20-F and other filings of the Company with the US Securities and Exchange Commission (SEC).
The forward-looking statements made in this press release speak only as of the date of this press release. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date hereof or to reflect the occurrence of unanticipated events.
The Board of Directors
Borr Drilling Limited
Hamilton, Bermuda
CONTACT:
Questions should be directed to: Magnus Vaaler, CFO, +47 22 48 30 00
This information was brought to you by Cision http://news.cision.com
SOURCE Borr Drilling Limited
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SOURCE Borr Drilling Limited | https://www.kxii.com/prnewswire/2022/08/09/borr-drilling-nyse-public-offering/ | 2022-08-09T22:05:39Z |
New Rides Located Inside The Adventuredome Theme Park
For Hi-res Images, Click Here
LAS VEGAS, Aug. 30, 2022 /PRNewswire/ -- Circus Circus Las Vegas Las Vegas' most family-friendly resort, announced new and upgraded kiddie rides, including Twistin Tea Cups, Go Karts and Kiddie Swings at The Adventuredome ahead of the Labor Day Weekend.
The new and improved kiddie rides are located inside The Adventuredome, Circus Circus' world-famous indoor amusement park featuring a variety of new upgrades and enhancements.
The Adventuredome offers fun-provoking rides for all ages including the Canyon Blaster, El Loco rollercoasters, NebulaZ, Sand Pirate, Inverter, a rock-climbing wall, and an 18-hole miniature golf course, among others.
As families and thrill seekers alike look to close out this summer with memories for a lifetime, Circus Circus reminds guests to check out The Adventuredome, Midwayland, feautring state-of-the-art video games and Splash Zone, a year around water park, featuring two refreshing pools, relaxing whirlpools, a splash pad filled with water cannons, spill buckets, rain trees, and the fan-favorite 50-foot slide tower featuring the Mat Racer, Aqua Tube, and Speed Slide.
For more information about Circus Circus Las Vegas, visit www.circuscircus.com.
About Circus Circus Las Vegas
Circus Circus Las Vegas is a privately owned hotel and casino that offers dining, shopping, entertainment and more than 101,000 square feet of gaming space. A family favorite Las Vegas resort since its inception, Circus Circus provides affordable rates for its nearly 4,000 guest rooms in its lodge, tower rooms, suites and RV Park, and family-fun activities ranging from the thrills of The Adventuredome theme park to live circus acts right on the casino floor.
For information visit www.circuscircus.com, or follow the property on social media: Facebook: Facebook.com/CircusCircus; and Twitter, Instagram @CircusVegas.
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SOURCE Circus Circus Las Vegas | https://www.wibw.com/prnewswire/2022/08/30/circus-circus-announces-new-improved-kiddie-rides-including-twistin-tea-cups-kiddie-swings-amp-go-karts-time-2022-labor-day-holiday-weekend/ | 2022-08-30T14:22:02Z |
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