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VANCOUVER, Sept. 15, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) ("City Office" or the "Company") announced today that its Board of Directors has authorized a quarterly dividend amount of $0.20 per share of common stock and common unit of partnership interest for the third quarter of 2022.
Additionally, the Board of Directors authorized a regular quarterly dividend of $0.4140625 per share of the Company's 6.625% Series A Cumulative Redeemable Preferred Stock.
The dividends will be payable on October 21, 2022 to all stockholders, preferred stockholders and operating partnership unitholders, as applicable, of record as of the close of business on October 7, 2022.
About City Office REIT, Inc.
City Office REIT is an internally-managed real estate company focused on acquiring, owning and operating high-quality office properties located predominantly in Sun Belt markets. City Office currently owns or has a controlling interest in 6.0 million square feet of office properties. The Company has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes.
Forward-looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be identified by words such as "anticipate," "expect," "intend," "may" and similar expressions, and variations or negatives of these words. They are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement. Factors that could cause actual results to differ materially include, among other things, the timing and amount of repurchases of CIO's common stock, if any, changes to CIO's expected liquidity position and the risk factors set forth in CIO's Annual Report on Form 10-K for the year ended December 31, 2021 and subsequent filings with the Securities and Exchange Commission. The statements made herein speak only as of the date of this press release, and, except as required by law, CIO does not undertake any obligation to publicly update or revise any forward-looking statements.
Contact
City Office REIT, Inc.
Anthony Maretic, CFO
+1-604-806-3366
investorrelations@cityofficereit.com
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SOURCE City Office REIT, Inc. | https://www.kxii.com/prnewswire/2022/09/15/city-office-reit-announces-dividends-third-quarter-2022/ | 2022-09-15T20:56:33Z |
WASHINGTON, Aug. 12, 2022 /PRNewswire/ -- Today, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America's 33 million small businesses in President Biden's Cabinet, issued the following statement on today's passage of the Inflation Reduction Act.
"The Inflation Reduction Act of 2022 makes urgent investments that will bring down costs, level the playing field, and open up historic opportunities for America's 33 million small businesses and innovative startups.
"This law not only tackles inflation and powers America's transition to safer, cleaner energy, it also shrinks the budget deficit and—most importantly—drives down health care and energy costs for small businesses and their employees. Lower costs mean small business owners and entrepreneurs can focus on doing what they do best, creating jobs, developing talent, innovating, and opening doors of growth and opportunity across all of our communities—including selling more American-made goods and services to the world's largest buyer: the U.S. Government.
"From Day One, President Biden committed to delivering a strong, sustainable, and equitable recovery. Today, thanks to his leadership, we are seeing historic economic growth and job creation, the unprecedented launching of new small businesses, and a return of America's manufacturing base, all adding up to the world's strongest economic recovery from COVID. I look forward to working with President Biden, Vice President Harris, and my colleagues throughout the Biden-Harris Administration to add to our progress and leverage the benefits of the Inflation Reduction Act to deliver even greater stability and opportunity for all small businesses and continue to build America's next great economy."
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The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.
Contact: press_office@sba.gov, www.sba.gov/news
Follow us on Twitter, Facebook, Blogs & Instagram
Release Number: 22-64
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SOURCE U.S. Small Business Administration | https://www.kxii.com/prnewswire/2022/08/12/statement-by-sba-administrator-passage-inflation-reduction-act/ | 2022-08-13T00:45:50Z |
Crash Champions to become a leading national collision repair service provider and one of the fastest growing operators with over 550 locations across 35 states
CHICAGO and SANTA MONICA, Calif. and DALLAS, July 14, 2022 /PRNewswire/ -- Crash Champions ("Crash Champions" or the "Company"), one of the nation's fastest growing independent collision repair service providers, announced today that it has entered into an agreement to receive a growth investment from Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and will simultaneously execute a strategic transaction with Service King Collision ("Service King"). Crash Champions' management team and operating partners, alongside Clearlake, will lead the combined Company going forward. Following closing and integration, the Company will operate over 550 total locations across 35 states and the District of Columbia under the Crash Champions name and banner. Terms of the transaction, which is subject to customary closing conditions including regulatory clearances, were not disclosed.
Founded in 1999 by Matt Ebert, Crash Champions is a U.S. operator of over 200 collision repair facilities. Having expanded from a single storefront in Chicago into a present-day network of 20 states, each location is built on the Company's founder and operator-led values, championing customer service and workplace satisfaction.
Since its founding in 1976, Service King has grown into one of the industry's largest collision repair platforms with over 330 locations spanning 24 states. Today, Service King offers deep footprint coverage in many of the nation's fastest growing MSAs, including Atlanta, Austin, Dallas, Houston, Las Vegas, Nashville, Phoenix, Salt Lake City, San Antonio, Seattle, and Washington, D.C. Partnering with Crash Champions will allow Service King to better serve its customers and carrier partners, while driving long-term value for employees, vendors, and investors.
"Today is an exciting day for Crash Champions and another major milestone in our growth story," said Mr. Ebert, founder and CEO of Crash Champions. "This strategic combination further enhances our ability to serve our customers and insurance partners while creating advancement opportunities for our team members across both organizations."
As part of the transaction, Clearlake is providing growth capital to Crash Champions. This marks Clearlake's second investment in the collision repair industry, having recently announced the capital infusion and debt recapitalization of Service King. Crash Champions' management team will execute on the Company's go-forward strategy with Clearlake's support.
"This investment was driven by our thematic-based approach to investing in the automotive aftermarket and our specific identification of the collision repair sector as an ecosystem at a historical inflection point," said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner of Clearlake. "The proliferation of vehicle technology has put unique demands on the shop operators to invest in OEM certifications, equipment, and most importantly their personnel to deliver safe and efficient service. We are impressed by Matt and the Crash Champions leadership team and admire their commitment to customer service and re-investment in both their operations and talent. It is exciting to partner with them to create this differentiated national platform, and we look forward to utilizing our O.P.S.® framework to unlock the inherent value of this combination and position the platform for continued strong growth."
Following the closing of this deal, the combined Company's total workforce will exceed 9,200 team members. Crash Champions and Service King have highly complementary geographic footprints with limited overlap. During the post-closing integration activities, both Crash Champions and Service King will continue operating at all service centers nationwide without interruption.
"We remain committed to the operator-first mindset that has guided us throughout our history. This approach has enabled us to successfully integrate hundreds of shops and thousands of employees into one of the leading employers in the collision repair industry. As we welcome Service King's customers and skilled team members into our family, we will continue this tradition and earn their trust every day," concluded Mr. Ebert.
For more information about Crash Champions, visit our website and watch our video here. For those collision repair companies interested in selling their business, Crash has made it easy. Please visit www.crashchampions.com/sell-your-shop to learn more.
Crash Champions is a leading independent collision repair company operating 218 state-of-the-art centers across 20 states—including: California, Colorado, Florida, Idaho, Illinois, Iowa, Kansas, Maryland, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Pennsylvania, Ohio, Oregon, Washington, and Wisconsin—as well as Washington, DC. Founded in 1999 as a single shop outside Chicago by industry veteran and entrepreneur Matt Ebert, today Crash Champions is one of the fastest growing and largest founder-led and operated collision repair MSOs in America. For more information, visit www.crashchampions.com.
Service King Collision®, which is now celebrating over 45 years of experience in the automotive repair industry, is a national operator of comprehensive, high-quality auto body collision repair facilities. The organization is consistently recognized for its commitment to customer satisfaction, quality workmanship, and giving back to the industry through innovative training and recruiting initiatives. Service King traces its roots to Dallas, Texas and founder Eddie Lennox, who opened the first Service King in 1976. Today, Service King operates 334 locations in 24 states, as well as the District of Columbia. For more information, please visit www.serviceking.com.
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are industrials, technology, and consumer. Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com and on Twitter @Clearlake.
Contacts:
For Crash Champions
Gaffney Bennett PR
Crash@gbpr.com
For Clearlake
Jennifer Hurson
Lambert & Co.
(845) 507-0571
jhurson@lambert.com
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SOURCE Crash Champions; Clearlake Capital Group | https://www.wibw.com/prnewswire/2022/07/14/crash-champions-announces-growth-investment-clearlake-strategic-transaction-with-service-king/ | 2022-07-14T20:40:23Z |
Feel free to check out the District 12-6A baseball standings. It won’t provide much clarity as far as Temple is concerned. It’s a crowded queue for third and fourth place, and the Wildcats are in the middle of it.
So, it might be best to just take it one day at a time down the stretch. After all, that’s what Temple is doing.
“The most important game is always the next one,” Temple outfielder Johnny Donoso said. “We can’t focus on two games, or three games — just the next one.”
The next one on the docket was Thursday’s tilt at Hallford Field against Killeen Ellison, of which the Wildcats made quick work, 14-0, in five innings to move their league record back to .500 and remain in the playoff hunt.
The victory snapped a two-game slide for Temple (7-14-1, 5-5), which a night earlier dropped a difficult 3-2 decision in eight innings to third-place Harker Heights.
“The thing about baseball, you have to bounce back. You have to let losses go. You have to let bad days go,” said Donoso, who was 4-for-4 against the Eagles on Thursday. “So, I think it’s great we were able to come out here and get the job done.”
Isaac Ramos started on the mound for the Wildcats and pitched two innings. Joseph Ojeda went the final three, and the two right-handers combined to allow just two hits for Ellison (1-21, 1-9) — a first-inning single by Micah Casson and a fourth-inning double by Eddie Frazier — in the shutout.
Temple scored three times in the first on a bases-clearing error on Evan Machuca’s grounder into the hole between shortstop and third base. Donoso, Naeten Mitchell and Lezlie Jackson had RBIs in the Wildcats’ five-run second, and they padded the cushion with a run in the third and five in the fourth when Nyles Moreland had an RBI single and Donoso produced a run-scoring double.
“We dropped one Wednesday. That would’ve really helped us. But, that’s gone, and they came into today and made sure we won this one,” Temple head coach Dallas Robertson said. “That hurt last night. But we’re such a great chemistry team, they shook it off and the energy level was great today. They knew what they had to do to get it done.”
Temple has four regular-season games left and next plays Belton, which is in second, Tuesday back at Hallford Field.
“Now, our eyes are on Belton. You take care of that one, you’re really in the mix,” Robertson said. “But, we’re in the mix no matter what. We have to win. That’s the bottom line.” | https://www.tdtnews.com/sports/article_6df264b2-bc6a-11ec-b18f-73004241103d.html | 2022-04-15T04:18:33Z |
NEW YORK (AP) — Serena Williams has reached her break point — she caught up on her rest following her last match at the U.S. Open.
The 40-year-old Williams posted a photo on Instagram Monday of herself under a “Moana” blanket and seemingly asleep as she used a stuffed animal as a pillow. The mother of 5-year-old Olympia, Williams wrote, “How was your weekend? This was mine.”
Her career seemingly came to an end when she lost last week in her final U.S. Open. Williams won 23 Grand Slam titles and was celebrated by celebrities, fellow competitors and fans throughout her matches at Flushing Meadows. The tributes from tennis players to the NFL stretched into Monday.
Rising American standout Frances Tiafoe recalled after his upset win Tuesday over Rafael Nadal the inspiration he received from watching Serena and her older sister, Venus.
“At that time watching Serena and Venus play finals of Grand Slams at that time, when I was super young, I was like, how cool would it be to play Wimbledon, to play on Arthur Ashe and stuff like that,” Tiafoe said after his big win at Ashe.
Tampa Bay quarterback Tom Brady — like Williams, another age-defying championship athlete — praised Williams on Monday on his weekly podcast.
“What a joy it was to watch her play,” Brady said. “She didn’t play for a little while, and I think she realized it’s a lot of fun to play. And I think sometimes when you’re in the middle of it, you take it for granted to a degree, like, ‘Oh, it will be there.’ And then it’s not there for a year and you go, ‘God, I really love it. I really want to play.’ And then you get out there and play and you enjoy it.”
Williams turns 41 on Sept. 26 and says she wants to grow her family and pursue business interests.
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More AP coverage of U.S. Open tennis: https://apnews.com/hub/us-open-tennis-championships and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-serena-williams-gets-well-earned-rest-following-us-open-exit/ | 2022-09-06T17:40:50Z |
ALEXANDRIA, Va., May 23, 2022 /PRNewswire/ -- In April, job growth in IT was effectively unchanged from March. On a year-over-year basis, IT employment was largely flat with just under 1% growth in the year's period, according to TechServe Alliance, the national trade association of the IT & Engineering Staffing and Solutions Industry. Engineering job growth shows an uptick over the course of the year, including a slight addition of 10,300 jobs from March to April 2022.
"With the onset of the pandemic, remote work and demand for digital transformation across all industries heightened the competition for talent, only to be followed by worker movement in what has been dubbed the Great Resignation, adding a new layer of hiring complexity," said Mark Roberts, CEO of TechServe Alliance. "Throughout these changes, tech employment has remained strong as hiring managers continue to face challenges in filling specialized tech roles.
"Despite entering a period of economic uncertainty, we expect this high level of demand for IT professionals to continue as supply remains insufficient to meet the needs of businesses; hiring organizations will need to be laser-focused on strategies that discover talent through new sources while emphasizing their brand value to retain their skilled workforce," Roberts added.
The following table presents information about the total number of jobs in certain sectors that provide a significant amount of employment for IT and engineering professionals.
Technical note: TechServe Alliance's IT Employment Index and Engineering Employment Index are the first specific measurements of IT and engineering employment. These unique measurements of total IT and engineering employment are created monthly by studying the ongoing staffing patterns of a dozen IT and computer related occupations in 22 industries and industry sectors employing significant numbers of IT workers and nearly two dozen engineering occupations in 30 select industries and industry sectors employing significant numbers of engineering workers. Both the monthly IT Employment and Engineering Employment Indices are based on U.S. Bureau of Labor Statistics (BLS) data, which is subject to monthly revisions, and is revised accordingly. Both indices are also subject to periodic revisions and annual rebenchmarking that includes revisions to several years of employment data, which also may incorporate new occupational definitions. Both indices were re-benchmarked going back several years through January 2022 data. In addition, both indices are subject to minor revisions to March and April data. The next major revision will be published in February 2023.
ABOUT TechServe Alliance
TechServe Alliance is the national trade association of the IT & Engineering staffing and solutions industry. IT & Engineering staffing and solutions firms count on TechServe Alliance to keep their leadership informed, engaged, and connected. TechServe Alliance serves as the voice of the industry before the policymakers and the national and trade press. By providing access to the knowledge and best practices of an entire industry and tapping the "collective scale" of its members, TechServe Alliance supports its members in the efficient delivery of best-in-class IT & Engineering staffing and solutions for clients and exceptional professional opportunities for every consultant.
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SOURCE TechServe Alliance | https://www.mysuncoast.com/prnewswire/2022/05/23/tech-employment-remains-flat-demand-continues-outstrip-supply/ | 2022-05-23T23:00:45Z |
Americans wondering whether a nearby dam could be dangerous can look up the condition and hazard ratings of tens of thousands of dams nationwide using an online database run by the federal government.
But they won’t find the condition of Hoover Dam, which impounds one the nation’s largest reservoirs on the border of Nevada and Arizona. Nor is there any condition listed for California’s Oroville Dam, the country’s tallest, which underwent a $1 billion makeover after its spillway failed.
Details about the conditions of these and other prominent dams are kept secret from the public, listed as “not available” in the National Inventory of Dams.
The lack of publicly available data about potentially hazardous dams has raised concern among some experts.
“These structures impact people, and this is what we’re obviously most worried about. So it is important to share this information,” said Del Shannon, a Colorado-based engineer who has assessed hundreds of dams and is president of the U.S. Society on Dams.
For much of the past couple of decades, the U.S. Army Corps of Engineers declined to reveal the conditions of dams in the National Inventory of Dams — which it maintains — citing security concerns stemming from the Sept. 11, 2001, terror attacks.
But in a move toward greater transparency, the Corps launched an updated website late last year that includes hazard ratings and condition assessments for more than one-quarter of the roughly 92,000 structures.
Yet the status of many dams remains a mystery. That’s because some federal agencies failed to update their data. The Corps also allowed federal agencies and states to restrict the release of information about the dams they oversee, and some continue to do so citing terrorism concerns.
The Associated Press used information obtained by public records requests to states to supplement data in the National Inventory of Dams, tallying over 2,200 high-hazard dams that are in poor or unsatisfactory condition in 48 states and Puerto Rico. But the conditions remain unknown for more than 4,600 high-hazard dams that could cause a loss of life if they fail.
Dam conditions typically are categorized as satisfactory, fair, poor or unsatisfactory.
In the Corps’ database, nearly two-thirds of the 18 federal entities that own or oversee dams provided no condition assessments. That includes the largest federal regulator of dams, the Federal Energy Regulatory Commission, which oversees more than 1,750 dams in 42 states. A FERC spokeswoman said the agency is overhauling its assessment process and intends to have conditions available this summer.
The Corps also declined to include condition assessments for the roughly 740 dams it owns, which include some of the largest in the nation. Instead, the agency posted its own “risk assessments,” ranging from “very low” to “very high.”
Garrison Dam, which constrains the Missouri River in North Dakota to form one of the nation’s largest reservoirs, is described in the database as “safe” but “high risk.” The Corps says the dam’s failure could trigger a cascading failure of downstream dams resulting “in swift, deep, and life-threatening flooding in numerous communities.”
No other entity uses the Corps’ risk-rating system, making it hard to compare the Corps’ dams to others. The Corps said it uses the risk categories to make repairs “in the most effective manner within a constrained budget.”
“The risk assessment information that we’re sharing is actually better information to help people be prepared for a potential issue at a dam,” said Rebecca Ragon, the Corps’ National Inventory of Dams manager.
The AP’s review also found that some federal departments lack consistent policies for releasing dam data. The Bureau of Land Management and the U.S. Fish and Wildlife Service — both part of the U.S. Department of Interior — disclosed hazard and condition details for their dams.
But the department’s Bureau of Reclamation, which oversees 430 dams in the West, denied the AP’s public records request for dam conditions, citing a legal exemption for “information compiled for law enforcement purposes.” The bureau said in an email that disclosing dam conditions “would compromise the protection of our facilities and allow targeted attacks of critical infrastructure.”
Data from other states is also limited or missing.
Alabama has agency to regulate dams, so there are no condition or hazard ratings for its roughly 2,200 dams.
Illinois doesn’t assign condition ratings, because lumping dams into categories “is terribly subjective” and doesn’t “have enough value to justify the resources that it takes to do it,” said state dam safety engineer Paul Mauer Jr. However, the state works with dam owners to make needed repairs.
New Jersey and Texas provided AP a total number of poor or unsatisfactory high-hazard dams but did not identify them by name. New Jersey has not released dam conditions but plans to do so by the end of May under a recent policy change. Texas declined to release hazard classifications, citing a state law that keeps confidential the “technical details” of critical infrastructure that’s vulnerable to terrorism.
The National Inventory of Dams contains neither the hazard classification nor a condition for the Rockwall-Forney Dam, which impounds Lake Ray Hubbard to supply water to more than 1 million people in the Dallas area.
A 2021 inspection document provided to the AP by Dallas shows the dam is classified as high hazard and has several issues, including a fractured floodgate and a large void in the rocks lining the left side. A more in-depth inspection report isn’t complete.
Though an overall condition assessment is not available, “none of these things are of immediate concern,” said Sally U. Mills-Wright, assistant director for water production at Dallas Water Utilities.
Without access to information, it’s hard for the public to verify that.
Because dam failures carry big consequences, the public should be made aware of a dam’s hazard rating and what lies in its downstream flood zone, said Travis Attanasio, a former dam inspector who is president-elect of the Texas section of the American Society of Civil Engineers.
“You may not necessarily be in flood plain, but if a dam were to break, you could still be facing a lot of water,” he said. | https://cw33.com/news/u-s-news/ap-u-s-headlines/condition-of-some-us-dams-kept-secret-in-national-database/ | 2022-05-05T22:56:30Z |
ATLANTA -- Georgians who rely on food stamps are set to see a steep decrease in the amount of money they receive each month starting in June.
That’s because increased food stamp amounts were tied to Georgia’s COVID emergency.
Gov. Brian Kemp’s decision not to renew Georgia’s COVID emergency declaration in mid-April triggered the end of the federal program that provided extra food aid to almost 777,000 Georgians each month.
Each household received, at the very least, an additional $95 per month, said Kylie Winton, spokesman for the state Department of Human Services, which oversees the food stamp program in Georgia. Some families received much more.
But in June, food benefit calculations will return to the pre-COVID method that is tied to a family’s size, income and expenses, Winton said.
The decrease in food stamps – also called the Supplemental Nutrition Assistance Program, or SNAP -- comes at a time of rising food costs.
Georgia can expect “a very abrupt hunger cliff,” Ellen Vollinger, SNAP director for the Food Research and Action Center, an advocacy group in Washington, said. “It’s going to hit different households somewhat differently, but it’s going to hit them all and it’s going to them hard."
State food stamp recipients were receiving close to a total of $119 million each month in the extra pandemic funding, according to Georgia’s latest filing with the federal agency that runs the program.
“That economic boost is going to be lost,” Vollinger, said.
“This is going to cause a lot of additional strain for individuals and families,” Ife Finch Floyd, a senior economic justice policy analyst with the Georgia Budget and Policy Institute in Atlanta, said. “That may mean you’re buying less food because your other sources of income, your cash, might have to go to other things: rent, utilities, gas.”
Food banks across the state are gearing up for increased demand while also dealing with rising costs of food and fuel prices.
Though food demand is below its initial peak during the start of the COVID pandemic in 2020 and the first half of 2021, the Atlanta Community Food Bank is still distributing 30% to 35% more food than it did pre-pandemic.
“Our costs are higher at a time when demand is increasing,” Kyle Waide, the food bank’s president and CEO, said. The organization is paying more for food and its vehicle costs are up, mostly due to higher fuel prices. “It was our preference that we find ways to extend the expanded, enhanced SNAP benefits in Georgia. The state made its decision for a variety of reasons, not just because they didn’t want to extend benefits, but there are other factors that went into that decision.
“These are complex issues. … We work closely with partners in Washington on both sides of the political spectrum. … Everybody we work with believes that everybody should have enough food.”
Most people who need food assistance, whether from food pantries or food stamps, work, Waide said.
Brandy Roe is one such Georgian concerned about the upcoming cuts in her food stamp benefits. The mother of five lives in Summerville. She works at a shoe store, and her husband is a mechanic.
“Getting the maximum benefit amount of SNAP really, really helped us be able to get things caught up and try to stay ahead of the game,” Roe said about the increased food benefit amounts.
Roe estimated the amount of food funds her family received increased by about $600, enough to cover almost all of the family’s monthly food costs.
“We’ll do the best we can” when the food aid decreases next month, said Roe. “If it comes down to that, we’ll eat lots of sandwiches.”
Roe said she isn’t convinced the pandemic is over, noting she lost several family members to COVID and has recently noticed longer lines at the Urgent Care she passes on her way home from work.
“Maybe Georgia has really jumped the gun,” she said.
Earlier this spring, the General Assembly passed an omnibus mental health reform bill aimed at turning around the state’s dismal mental health outcomes.
But without an adequate supply of nutritious food, it could be hard to address the mental health issues facing the state, Dr. Marlene Schwartz, director of the Rudd Center for Obesity and Food Policy at the University of Connecticut, said.
“There is research showing that you are at higher risk of mental health issues like depression and anxiety if you’re food insecure,” Schwartz said. “To think you can address mental health when you’re not addressing just basic needs, like food and housing, you’re not going to get very far.”
Earlier this month, Kemp announced the award of millions of dollars from federal relief funds to Georgia organizations to help offset the economic impact of the pandemic.
Around $39 million of that will go to four organizations specifically focused on hunger: America’s Second Harvest of Coastal Georgia, a food bank in Savannah; the Atlanta Community Food Bank; Meals on Wheels of Middle Georgia, and the Georgia Mountain Food Bank.
“We’ve enjoyed tremendous support from the governor,” said Waide, the Atlanta food bank president.
The governor’s office did not respond to a request for comment. | https://www.albanyherald.com/features/georgia-s-pandemic-food-stamp-boost-ends-on-may-31/article_ba285004-d9f1-11ec-8c55-9b39ab5eb664.html | 2022-05-22T17:44:20Z |
STOCKHOLM, April 20, 2022 /PRNewswire/ -- BioArctic AB (publ) (Nasdaq Stockholm: BIOA B) has announced that the company's partner AbbVie has decided to terminate its collaboration with BioArctic regarding the portfolio of alpha-synuclein antibodies, including ABBV-0805.
BioArctic and AbbVie have collaborated since 2016 regarding the research and development of BioArctic's portfolio of alpha-synuclein antibodies for Parkinson's disease and other potential indications. In 2019, a Phase 1 study of the lead asset, ABBV-0805, was initiated, and results from the study, presented at the International Congress of Parkinson's Disease and Movement Disorders (MDS) in September 2021, supports a continuation into Phase 2 with once-monthly dosing.
"We are disappointed that AbbVie has taken this decision. All available data indicates that ABBV-0805 has uniquely high selectivity for the pathological forms of aggregated alpha-synuclein, as well as Phase 1 data supporting progression to Phase 2. We believe that ABBV-0805 has the potential to become a disease-modifying treatment for people with Parkinson's disease and will now investigate options to continue the development of this asset," says Gunilla Osswald, BioArctic's CEO.
This release discusses investigational uses of an agent in development and is not intended to convey conclusions about efficacy or safety. There is no guarantee that any investigational uses of such product will successfully complete clinical development or gain health authority approval.
For further information, please contact:
Gunilla Osswald, CEO
E-mail: gunilla.osswald@bioarctic.se
Phone: +46 8 695 69 30
Oskar Bosson, VP Communications and IR
E-mail: oskar.bosson@bioarctic.se
Phone: +46 70 410 71 80
This information is information that BioArctic AB (publ) is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure, through the agency of the contact persons above, on April 20, 2022, at 07:50 a.m. CET.
About ABBV-0805
ABBV-0805 is a monoclonal antibody drug candidate that is designed to selectively bind and eliminate aggregated forms of alpha-synuclein such as oligomers and protofibrils, which participates in neurodegenerative maladies including Parkinson's disease. The goal is to develop a disease modifying treatment that stops or slows down the progression of Parkinson's disease.
About the collaboration between BioArctic and AbbVie
BioArctic has been collaborating with AbbVie since 2016, when the two companies entered into a research agreement. AbbVie then obtained the right to acquire a license to develop and commercialize BioArctic's portfolio of alpha-synuclein antibodies for Parkinson's disease and other potential indications. In late 2018, AbbVie exercised this option. In 2019, a Phase 1 study of ABBV-0805 was initiated. Results from the study, presented in September 2021, support a continuation into Phase 2. AbbVie has been managing and funding the clinical development of ABBV-0805. The scope of the drug candidate ABBV-0805 may be broadened to include, for example, Lewy body dementia and multiple system atrophy.
About BioArctic AB
BioArctic AB (publ) is a Swedish research-based biopharma company focusing on disease-modifying treatments and reliable biomarkers and diagnostics for neurodegenerative diseases, such as Alzheimer's disease and Parkinson's disease. BioArctic focuses on innovative treatments in areas with high unmet medical needs. The company was founded in 2003 based on innovative research from Uppsala University, Sweden. Collaborations with universities are of great importance to the company together with its strategically important global partner Eisai in Alzheimer disease. The project portfolio is a combination of fully funded projects run in partnership with global pharmaceutical companies and innovative in-house projects with significant market and out-licensing potential. BioArctic's Class B share is listed on Nasdaq Stockholm Mid Cap (ticker: BIOA B). For more information about BioArctic, please visit www.bioarctic.com.
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SOURCE BioArctic | https://www.wibw.com/prnewswire/2022/04/20/abbvie-terminates-collaboration-with-bioarctic-alpha-synuclein-portfolio/ | 2022-04-20T06:30:31Z |
LONDON, June 8, 2022 /PRNewswire/ -- LumiraDx Limited (Nasdaq: LMDX) today announced that it has achieved CE Mark for two new Fast Lab Solutions molecular tests, including Dual-Target SARS-CoV-2 STAR Complete and SARS-CoV-2 & Flu A/B RNA STAR Complete. These high-sensitivity and high-throughput tests help to expand testing capabilities across the globe.
LumiraDx's continued innovation of its qSTAR technology, which utilizes a single-step direct method for nucleic acid extraction and amplification on validated open RT-PCR instruments, has led to the development of multiplexing capabilities.
The LumiraDx SARS-CoV-2 & Flu A/B RNA STAR Complete assay allows for the simultaneous detection and differentiation of influenza A, influenza B, and SARS-CoV-2. SARS-CoV-2 & Flu A/B RNA STAR Complete compares to high sensitivity RT-PCR with a positive percent agreement (PPA) of 94.1% for SARS-CoV-2, and 92.3% for influenza A, and 95.7% for influenza B and a negative percent agreement (NPA) of >99.5% in symptomatic individuals.
The Dual-Target SARS-CoV-2 STAR Complete multiplex assay simultaneously detects two gene markers to identify the presence of SARS-CoV-2, which will meet certain regulatory requirements in numerous regions that need two or more targets for a COVID-19 diagnostic. Compared to a high sensitivity RT-PCR, Dual-Target SARS-CoV-2 STAR Complete proved to have a PPA of 97.7% for SARS-CoV-2 and a NPA of 100% in symptomatic individuals.
"As the pandemic persists, we remain focused on bringing to market high-quality molecular diagnostics that further remove testing barriers and enhance laboratory operations," explained Sanjay Malkani, President of LumiraDx Fast Lab Solutions. He continued, "We are pleased to demonstrate unrivaled innovation with direct method, high-throughput, highly sensitive assays for open molecular platforms - with results available in 20 minutes - and the added benefit of accurately detecting influenza and COVID-19 from a single sample."
LumiraDx Fast Lab Solutions supports high-complexity laboratory testing by utilizing its innovative qSTAR nucleic acid amplification technology in an accessible high-throughput format to leverage current molecular laboratory operations. Utilizing Fast Lab Solutions enables laboratories to improve efficiency and reduce time to result.
LumiraDx (Nasdaq: LMDX) is a next-generation point of care diagnostics company that is transforming community-based healthcare. Founded in 2014, LumiraDx manufactures and commercializes an innovative diagnostic Platform that supports a broad menu of tests with lab comparable performance at the point of care. LumiraDx diagnostic testing solutions are being deployed by governments and leading healthcare institutions across laboratories, urgent care, physician offices, pharmacies, schools, and workplaces to screen, diagnose, and monitor wellness as well as disease. LumiraDx has on the market and in development, 30+ tests covering infectious diseases, cardiovascular diseases, diabetes, and coagulation disorders, all on the LumiraDx Platform. In addition, LumiraDx has a comprehensive portfolio of fast, accurate, and cost-efficient COVID-19 testing solutions from the lab to point of need.
LumiraDx is based in the UK with more than 1600 employees worldwide.
Further information on LumiraDx and the LumiraDx Platform is available at www.lumiradx.com
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding the performance and benefits of the Fast Lab Solutions molecular tests, including Dual-Target SARS-CoV-2 STAR Complete and SARS-CoV-2 & Flu A/B RNA STAR Complete. These statements involve risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements, including, among others, general economic, political and business conditions; regulatory changes; the ability of LumiraDx to maintain CE marking for its Fast Lab Solutions molecular tests; and those factors discussed under the header "Risk Factors" in the Annual Report on Form 20-F for the year ended December 31, 2021, which was filed by LumiraDx with the Securities and Exchange Commission ("SEC") on April 13, 2022, and in other filings made by LumiraDx with the SEC. Although LumiraDx believes that it has a reasonable basis for each forward-looking statement contained in this press release, LumiraDx cautions you that these statements are based on a combination of facts and factors currently known by it and its projections of the future, about which it cannot be certain. LumiraDx undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise, except as required by applicable law.
Media Contact:
Colleen.McMillen@lumiradx.com
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SOURCE LumiraDx | https://www.kxii.com/prnewswire/2022/06/08/lumiradx-receives-ce-mark-two-multiplex-tests-lumiradx-dual-target-sars-cov-2-star-complete-lumiradx-sars-cov-2-amp-flu-ab-rna-star-complete/ | 2022-06-08T10:32:50Z |
Nine investments made to date including a successful exit due to acquisition
SANTA BARBARA, Calif., June 6, 2022 /PRNewswire/ -- Today, venture capital firm Santa Barbara Venture Partners (SBVP) announced the final close of its $11 million inaugural Fund I focused primarily on investing in tech and tech-enabled firms. SBVP offers a unique value-add – the firm and its 70+ investor roster, made up largely of global marketing executives, helps its portfolio companies with customer acquisition and marketing.
Dan Engel, Founder of SBVP asks, "What's more important to companies than profitably acquiring customers at an increased rate? That's our firm's deep expertise. The hands-on help we provide our portfolio companies to improve their go-to-market capabilities and further accelerate their revenue growth is a huge differentiator that private tech companies have until now been unable to access through their VC investors, as VC firms simply don't have this experience or focus."
SBVP-funded companies work with the firm's investors and advisors who are seasoned marketing veterans with decades of experience in over 20 different B2B & B2C marketing channels and strategies, including on/offline advertising, content marketing, TV & radio advertising, PR, conversion rate optimization, branding, email, affiliate, strategic alliances, B2B lead gen, B2B sales enablement, PPC search & SEO, etc. plus overall marketing strategy.
To date, SBVP has made nine investments including Bark Technologies, Voltaiq, Specright, Classy, Nice Healthcare, Hydrosat, Jackpocket, Rad AI, and Curri. SBVP has been fortunate to have already experienced its first exit, as non-profit SaaS leader Classy was acquired this year by GoFundMe.
SBVP's first fund aims to invest in software companies after a product-market fit has clearly been established/validated. SBVP's average check size is ~$1 million into companies that have $3-100 million in (preferably recurring) revenue, are generally growing 75-300%+ per year, and have extremely strong customer retention and satisfaction metrics. SBVP makes both primary and secondary share investments into companies typically at seed through Series D stage.
SBVP's investor/advisor roster includes the former Chief Marketing Officer at CBS, at Papa John's, at (SaaS conglomerate) J2 Global, executives and leaders of demand generation and marketing at firms including Pinterest, Citrix, Procore, AppFolio, RingCentral, Apeel Sciences, Lynda.com, the former head of strategic alliances/partnerships at Google, SailPoint and Dynatrace, plus dozens of others expert in customer acquisition and marketing.
Prior to being a Venture Partner for various VC firms and now launching his own firm, Managing Partner and serial software entrepreneur Dan Engel led customer acquisition and/or marketing at Google, GoToMeeting, Picasa, and FastSpring. He co-founded fintech software company FastSpring, and as CEO, led it to become the 13th fastest-growing company in North America from 2006-2010, with an eventual acquisition by Accel-KKR for over $100 million. Dan has over 20 years of experience building software companies and over 11 years of experience investing into private software companies.
Founded in 2020, Santa Barbara Venture Partners is a venture capital firm that invests in tech and tech-enabled companies. The firm and its investor base have unique expertise in building leading software companies, generating substantial revenue through on and offline customer acquisition, and in marketing in general.
To learn more about SBVP, its portfolio of investments, and its customer acquisition/marketing expertise, please visit: http://www.SantaBarbaraVP.com
For media inquiries, please contact: media@santabarbaravp.com
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SOURCE Santa Barbara Venture Partners | https://www.mysuncoast.com/prnewswire/2022/06/06/santa-barbara-venture-partners-launches-11-million-venture-capital-fund-which-helps-companies-accelerate-their-customer-acquisition-marketing-efforts/ | 2022-06-06T11:05:45Z |
HSINCHU, April 8, 2022 /PRNewswire-FirstCall / -- ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services ("OSAT"), today reported its unaudited consolidated revenue for the month of March 2022 and for the first quarter ended March 31, 2022. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$28.62 to US$1.00 as of March 31, 2022.
Revenue for the first quarter of 2022 was NT$6,725.2 million or US$235.0 million, representing a slight decrease of 1.0% from the fourth quarter of 2021, and an increase of 4.0% from the first quarter of 2021. The Company noted its continued strong results reflect full utilization of its DDIC high-end test capacity. Q1 is typically a seasonally slower period for the industry with fewer working days than Q4.
Revenue for the month of March 2022 was NT$2,355.3 million or US$82.3 million, representing an increase of 12.3% from February 2022, and an increase of 0.5% from March 2021.
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.
Forward-Looking Statements
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors, including the ongoing impact of COVID-19. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange commission (the "SEC") and in the Company's other filings with the SEC.
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SOURCE ChipMOS TECHNOLOGIES INC. | https://www.kxii.com/prnewswire/2022/04/08/chipmos-reports-123-mom-increase-march-2022-monthly-revenue-40-yoy-increase-1q22-quarterly-revenue/ | 2022-04-08T11:13:36Z |
UVALDE, Texas (KXAN) — A police officer armed with a rifle watched the gunman in the Uvalde elementary school massacre walk toward the campus but did not fire while waiting for permission from a supervisor to shoot, according to a sweeping critique released Wednesday on the tactical response to the May massacre.
The first portion of the after-action report on the shooting that killed 19 students and two teachers at Robb Elementary was released Wednesday. The report, by the Advanced Law Enforcement Rapid Response Training Center (ALERRT), focuses on the events up until the 18-year-old gunman was killed.
According to an officer’s statement in the report, an officer saw the gunman outside of the school. The armed officer asked his supervisor for permission to shoot the suspect. However, the supervisor either did not hear or responded too late. When the officer turned back to the shooter, he had already entered a school hallway.
ALERRT argues the officer would have been “justified in using deadly force to stop the attacker” by the Texas Penal Code, but state standards do not require officers to fire at more than 100 yards away. This officer was around 148 yards away, according to the report.
The report also highlighted another key piece of the attack — the unlocked door into the school.
“Had the exterior door been secured, the suspect may have never gained access to the building. At the very least, the suspect would have been delayed and responding officers would have had more time to find and stop the shooter before he entered the building,” the report said
The report also said the lock on classroom door 111 was allegedly reported as damaged multiple times.
“We received information from the investigating officer that the lock on room 111 had been reported as damaged multiple times; however, this has not been confirmed through work orders at this time,” the report said.
The Texas Department of Public Safety contacted ALERRT shortly after the attack to assess the response to the Uvalde shooting. DPS also previously provided a timeline of the events at Robb Elementary.
ALERRT was founded in 2002 to provide active attack response training to first responders. The ALERRT research team not only evaluates the efficacy of specific response tactics, but also has a long, established history of evaluating the outcomes of active shooter events to inform training.
Authors of the 26-page report said their findings were based off video taken from the school, police body cameras, testimony from officers on the scene and statements from investigators. Also among their findings:
— It appeared that no officer waiting in the hallway during the shooting ever tested to see if the door to the classroom was locked. The head of Texas’ state police agency has also faulted officers on the scene for not checking the doors.
— The officers had “weapons (including rifles), body armor (which may or may not have been rated to stop rifle rounds), training, and backup. The victims in the classrooms had none of these things.”
— When officers finally entered the classroom at 12:50 p.m. — more than an hour after the shooting began — they were no better equipped to confront the gunman than they had been up to that point.
—”Effective incident command” never appears to have been established among the multiple law enforcement agencies that responded to the shooting.
ALERRT said future reports will address the second phase of active shooter response and incident command.
The Associated Press contributed to this report. | https://cw33.com/news/nexstar-media-wire/officer-saw-uvalde-shooter-outside-of-school-but-didnt-get-permission-to-shoot-new-report-says/ | 2022-07-06T20:43:12Z |
WASHINGTON (AP) — President Joe Biden on Wednesday announced detailed plans to deliver on a campaign promise to provide $10,000 in student debt cancellation for millions of Americans — and up to $10,000 more for those with the greatest financial need — along with measures to lower the burden of repayment for their remaining federal student debt.
Borrowers who earn less than $125,000 a year, or families earning less than $250,000, would be eligible for the $10,000 loan forgiveness, Biden announced. For those who also receive Pell Grants, which are reserved for undergraduates with the most significant financial need, the federal government would cancel up to an additional $10,000 in federal loan debt.
“Both of these targeted actions are for families who need it the most: working and middle class people hit especially hard during the pandemic,” Biden said in remarks at the White House Wednesday afternoon.
Biden is also extending a pause on all federal student loan payments for what he called the “final time” through the end of 2022.
If his plan survives legal challenges that are almost certain to come, it could offer a windfall to many in the run-up to this fall’s midterm elections. More than 43 million people have federal student debt, with an average balance of $37,667, according to federal data. Nearly a third of borrowers owe less than $10,000, and about half owe less than $20,000. The White House estimates that Biden’s announcement would erase the federal student debt of about 20 million people.
“That’s 20 million people who can start getting on with their lives,” Biden said. “All this means, people can start to finally crawl out from under that mountain of debt. To get on top of their rent and utilities. To finally think about buying a home or starting a family or starting a business.”
Proponents say cancellation will narrow the racial wealth gap — Black students are more likely to borrow federal student loans and at higher amounts than others. Four years after earning bachelor’s degrees, Black borrowers owe an average of nearly $25,000 more than their white peers, according to a Brookings Institution study.
Biden has faced pressure from liberals to provide broader relief to hard-hit borrowers, but also from Republicans questioning the fairness of any widespread forgiveness.
The White House emphasized that no one in the top 5% of incomes would see any loan relief.
But top Republicans were not persuaded.
Senate GOP leader Mitch McConnell said, “President Biden’s inflation is crushing working families, and his answer is to give away even more government money to elites with higher salaries. Democrats are literally using working Americans’ money to try to buy themselves some enthusiasm from their political base.”
In fact many Democrats, from congressional leaders to others facing tough reelection bids this November, have pushed the administration to go as broadly as possible on debt relief, seeing it in part as a galvanizing issue, particularly for Black and young voters.
The extension of the pandemic-era payment freeze comes just days before millions of Americans are to find out when their next student loan bills will be due. The current pause is to end Aug. 31.
The administration said the Education Department would release information in coming weeks for eligible borrowers to sign up for debt relief. Cancellation for some will be automatic, if the department has access to to their income information, but others will need to fill out a form.
Current students would be eligible for relief only if their loans were originated before July 1, 2022. Biden is also proposing capping the amount that borrowers must pay monthly on undergraduate loans at 5% of their earnings, down from 10% previously. The Education Department is to post a proposed rule to that effect, which would also cover the unpaid monthly interest for borrowers who remain current with their monthly payments — even when the payments are $0 because their incomes are low.
The Biden administration plan would also raise the income floor for repayments, meaning no one earning below 225% of the federal poverty level would need to make monthly payments.
Biden’s plan builds on $32 billion in targeted student debt forgiveness his administration has enacted for certain groups of borrowers. Much of that went to borrowers who say they were defrauded by for-profit colleges.
The administration also temporarily has relaxed the rules for Public Service Loan Forgiveness, a complex program that allows teachers, social workers and other public servants to get student debt canceled after 10 years of monthly payments.
“The positive impacts of this move will be felt by families across the country, particularly in minority communities, and is the single most effective action that the President can take on his own to help working families and the economy,” said Sen. Elizabeth Warren on Wednesday in a joint statement with Senate Majority Leader Chuck Schumer.
Tweeted Rep. Pramila Jayapal, the chair of the House Progressive Caucus: “This will bring real relief to 43 million people and is a MASSIVE step in the right direction.”
The Justice Department released a legal opinion concluding that the Higher Education Relief Opportunities for Students Act gives the Education secretary the “authority to reduce or eliminate the obligation to repay the principal balance of federal student loan debt.” The legal opinion also concluded that the debit could be applied on a “class-wide” basis in response to the coronavirus pandemic.
Lawsuits are likely nonetheless.
During the 2020 presidential campaign, Biden was initially skeptical of student loan debt cancellation as he faced off against more progressive candidates for the Democratic nomination. Sens. Warren, D-Mass., and Bernie Sanders, I-Vt., had proposed cancellations of $50,000 or more.
As he tried to shore up support among younger voters and prepare for a general election battle against President Donald Trump, Biden unveiled his initial proposal for debt cancellation of $10,000 per borrower, with no mention of an income cap.
Biden narrowed his campaign promise in recent months by embracing the income limit as soaring inflation took a political toll and as he aimed to head off political attacks that the cancellation would benefit those with higher take-home pay.
A survey of 18- to 29-year-olds conducted by the Harvard Institute of Politics in March found that 59% of those polled favored debt cancellation of some sort — whether for all borrowers or those most in need — although student loans did not rank high among issues that most concerned people in that age group.
Republicans responded swiftly to Biden’s decision on student debt relief Wednesday, calling out the administration for “selling out working families” to appease to the progressive wing of the party.
“Today’s announcement is an insult to every American who played by the rules and worked hard to responsibly pay off their own debt,” Sen. John Barrasso, chair of the Senate Republican Conference, said in a statement.
Biden’s long deliberations have led to grumbling among federal loan servicers, who had been instructed to hold back billing statements while Biden weighed a decision.
Industry groups had complained that the delayed decision left them with just days to notify borrowers, retrain customer service workers and update websites and digital payment systems, said Scott Buchanan, executive director of the Student Loan Servicing Alliance.
It increases the risk that some borrowers will inadvertently be told they need to make payments, he said.
“At this late stage I think that’s the risk we’re running,” he said. “You can’t just turn on a dime with 35 million borrowers who all have different loan types and statuses.”
___
AP writers Michael Balsamo and Farnoush Amiri contributed to this report.
___
Follow AP’s coverage of student loan debt at https://apnews.com/hub/student-loans. | https://cw33.com/business/ap-business/student-loan-borrowers-await-biden-plan-on-debt-forgiveness/ | 2022-08-24T20:32:00Z |
CLEVELAND, July 26, 2022 /PRNewswire/ -- Vitalxchange announced today that it has partnered with Buoy Health to bring its parenting solutions for special needs children to the 2.5M monthly visitors to Buoy's innovative healthcare marketplace.
"Buoy's marketplace provides Vitalxchange a tremendous opportunity to reach families actively seeking support. We are excited and honored that Buoy has chosen to partner with us to bring awareness, inclusion, and solutions to families caring for children with special needs and disabilities," said Dr. Charu Ramanathan, Co-founder and CEO of Vitalxchange.
Vitalxchange is a comprehensive platform for parents that provides content and coaching solutions from qualified pediatric professionals and parent mentors ('VitalGuides'). Based on the child's needs and family profile, Vitalxchange matches the parent to personalized coaching to engage actively in their child's development and care. The platform's unique engagement approach provides continuous support for the family to make informed decisions while reducing the feeling of isolation and helplessness that parents often experience, and to ensure that the overall wellbeing of the family is a priority.
"Our priority as a healthcare matchmaker is to guide people to clinically relevant and timely care sources using our algorithms and medical engine," said Adrienne McFadden, Chief Medical Officer, Buoy Health. "Expanding our marketplace partners with innovative solutions like Vitalxchange allows us to provide a diverse and inclusive range of care options suitable for personalized care matching, while keeping usability top of mind."
Vitalxchange is currently offering parenting solutions for early developmental delays, autism, behavioral challenges, and learning disabilities through the Buoy marketplace platform.
About Vitalxchange
Vitalxchange is a comprehensive parenting platform for families caring for children with developmental challenges or special needs. Based on each child's needs and family profile, Vitalxchange provides a personalized 'prescription' of actions, content, and coaching to empower parents to engage actively in their child's development. Vitalxchange is actively partnering with family support platforms, employers, schools, and regional disability centers to increase access for families. For more information, visit www.vitalxchange.com
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SOURCE Vitalxchange | https://www.wibw.com/prnewswire/2022/07/26/vitalxchange-joins-buoy-healths-marketplace-provide-special-needs-disability-parenting-solutions/ | 2022-07-26T13:42:09Z |
NASHVILLE, Tenn. (AP) — Shonka Dukureh, who played Big Mama Thornton in this year’s movie about Elvis Presley, was found dead Thursday in a bedroom at her home in Nashville, police said. She was 44.
Nashville police said there were no signs of foul play. Autopsy results are pending from the medical examiner.
Dukureh, a Fisk University graduate and Nashville singer, shared the apartment with her two young children, police said. One of the children found her unresponsive and went to the apartment of a neighbor, who called 911 shortly before 9:30 a.m., police said.
The actor, who also shared the stage at Coachella this year with Doja Cat, had a theater degree from Fisk and graduated from Trevecca Nazarene with an education degree, WPLN-FM reported.
In an interview with the station last month, Dukureh said she taught second grade for a while and then worked with inner city youth through after-school and summer programs.
She said those students reached out after seeing her in “Elvis.” | https://cw33.com/entertainment-news/ap-entertainment/dukureh-from-elvis-film-found-dead-in-nashville-home/ | 2022-07-22T14:24:22Z |
Randa will lead the organization to further power the future of quality recruitment for organizations across the globe
NEW YORK and LONDON, May 11, 2022 /PRNewswire/ -- Symphony Talent, a global leader in recruitment marketing technology, today announced the appointment of Kermit Randa as its new Chief Executive Officer. Randa joins Symphony Talent as it enters its next phase of growth and continues to enable its customers to deliver exceptional recruiting experiences – at speed and scale.
Randa succeeds former CEO Roopesh Nair, who will assume a new role as the company's Chief Product Officer. In his new position, Nair will leverage his extensive product engineering expertise to continue driving innovation that addresses the evolving needs facing time- and attention- acquisition teams.
"As the Great Resignation evolves to the Great Reimagination, where organizations are rethinking the meaning of jobs, employees, and flex work, it's critical that we empower them with successful strategies and innovative tools so they can succeed now and in the future," said Randa. "Our people, technology and data-driven insights are uniquely positioned to deliver customer-centric solutions that address the challenges that CEOs, CHROs and their talent acquisition teams contend with today. It's energizing to join an organization with a progressive vision, and I look forward to helping realize this vision."
"Kermit's highly accomplished background as an executive leader gives us much to be excited about for the future of Symphony Talent," said Sunit Mukherjee, Managing Director at Symphony Technology Group (STG), the private equity firm backing the company. "Symphony Talent is attuned to the challenges that talent recruitment teams face around the world. With Kermit onboard, and partnering with Roopesh, we are confident that Symphony Talent will continue to grow its loyal customer base exponentially and further evolve its already impressive product portfolio."
With over 30 years of experience leading SaaS-based companies through periods of innovation and transformation Randa's expertise includes software and business intelligence, organizational growth and innovation, and strategic partnership cultivation. Most recently, Randa was CEO of Syntellis Performance Solutions where he and his team significantly advanced the business through innovation, acquisitions, and operational enhancements. Prior to that, he served as CEO of PeopleAdmin, a management SaaS company, and chief growth officer at Waystar .
As a recognized team builder, Randa's vision, and ability to help companies realize significant top-line growth and bottom-line results, while consistently delivering an exceptional customer experience, make him an ideal leader for Symphony Talent.
About Symphony Talent
Symphony Talent is a recruitment marketing technology company that helps talent acquisition teams automate tasks and empower innovative candidate interactions. Symphony Talent's award-winning EVP strategy, employer brand campaigns, career site design and recruitment technology support customers across the globe, including the world's leading brands. Visit symphonytalent.com to learn more.
About Symphony Technology Group
STG is the private equity partner to market-leading companies in data, software, and analytics. The firm brings expertise, flexibility, and resources to build strategic value and unlock the potential of innovative companies. Partnering to build customer-centric, market-winning portfolio companies, STG creates sustainable foundations for growth that bring value to all existing and future stakeholders. The firm is dedicated to transforming and building outstanding technology companies in partnership with world-class management teams. STG's expansive portfolio has consisted of more than 35 global companies. For more information, please visit www.stgpartners.com.
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SOURCE Symphony Talent | https://www.kxii.com/prnewswire/2022/05/11/symphony-talent-appoints-new-ceo-kermit-randa-accelerate-growth-drive-expansion/ | 2022-05-11T19:25:13Z |
Advisors Excel employees and kids pack lunch for children in need
TOPEKA, Kan. (WIBW) - A group of Topeka children came together Tuesday night to make sure other kids have access to food.
The children of Advisors Excel employees spent the night packing lunches for Fun Food Fridays.
The company’s third annual AE Kids Give Back Event saw the kids packing around 500 lunches for kids at Lowman Hill, Randolph, and Stout Elementary. They say the kids packing the lunches get something out of it as well.
“We think it’s a really good opportunity for kids to experience the ability to volunteer and give back,” Community Engagement Director Tracy Khounsavanh Killough said. “A lot of our staff are looking for opportunities for their kids to give back to the community.”
Fun Food Fridays started in 2018 to keep kids that may need to rely on school meals fed through the weekend.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/20/advisors-excel-employees-kids-pack-lunch-children-need/ | 2022-04-20T02:31:42Z |
BIRMINGHAM, Ala., July 18, 2022 /PRNewswire/ -- Vulcan Materials Company (NYSE: VMC) will host its second quarter earnings conference call on Thursday, August 4 at 9:00 a.m. CT (10:00 a.m. ET). Financial results will be released before the NYSE market opens.
The Company invites investors and other interested parties to listen to the live webcast of the conference call at www.vulcanmaterials.com. To participate by phone, call 800-225-9448 approximately 10 minutes before the scheduled start. For international calls, the number is 203-518-9708. The conference ID is 2021457.
A replay of the webcast will be available after the call at the Company's website.
Vulcan Materials Company, a member of the S&P 500 index with headquarters in Birmingham, Alabama, is the nation's largest supplier of construction aggregates – primarily crushed stone, sand and gravel – and a major producer of aggregates-based construction materials, including asphalt and ready-mixed concrete. For additional information about Vulcan, go to www.vulcanmaterials.com.
Investor Contact: Mark Warren (205) 298-3220
Media Contact: Janet Kavinoky (205) 298-3220
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SOURCE Vulcan Materials Company | https://www.kxii.com/prnewswire/2022/07/18/vulcan-announces-second-quarter-conference-call/ | 2022-07-18T22:27:05Z |
Dry air will limit the number of storms we get today
SARASOTA, Fla. (WWSB) - We are in transition today from the west wind pattern to an east wind pattern. We know the east wind pattern as the typical summertime weather pattern where most of the day is sunny and storms build late in the day.
To achieve this weather pattern shift the center of high pressure must shift to our north. The high has been resting to our south and has begun that northward movement, putting it just about smack over us today.
With that position comes light and somewhat variable wind over the Suncoast and some slightly drier air aloft. That combination will cause our rain chances to fall today. Only the strongest storms will be able to survive today and those that do may tap into some of the dry air. That could lead to very gusty wind within thunderstorm rains. That would be most likely to occur in inland locations this afternoon.
The east wind transition will be in full force on Friday and into the weekend as moisture returns. On each of those days, you can expect afternoon storms to develop inland and slowly drift back to the Gulf as storms move into the waters by sunset.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/20/dry-air-will-limit-number-storms-we-get-today/ | 2022-07-20T11:48:13Z |
Justices Encouraged to Forbid Race and Ethnicity as Factors in College Admissions
WASHINGTON, May 2, 2022 /PRNewswire/ -- Today, Students for Fair Admissions (SFFA), a nonprofit organization with over 20,000 members, filed its opening brief in two cases pending before the U.S. Supreme Court: Students for Fair Admissions v. Harvard and Students for Fair Admissions v. University of North Carolina.
In November 2014, SFFA filed federal lawsuits against Harvard, the nation's oldest private college, and the University of North Carolina, the nation's oldest public university, alleging that both schools were engaged in unfair, polarizing, and illegal racial discrimination in their admissions policies.
Furthermore, SFFA petitioned the justices to overrule Grutter v. Bollinger, and hold that all institutions of higher education cannot use racial or ethnic classifications and preferences as factors in admissions.
Regarding Harvard, SFFA notes that the college is violating Title VI of the Civil Rights Act by penalizing Asian-American applicants, engaging in racial balancing, overemphasizing race, and rejecting workable race-neutral alternatives. Harvard's demerits of Asian-American applicant's personalities are particularly scandalous and inexcusable. Harvard penalizes them because, according to its admissions office, they lack leadership and confidence and are less likable and kind.
Regarding the University of North Carolina, SFFA notes that the university is violating the U. S. Constitution and Title VI by illegally rejecting a race-neutral alternative to racial admissions preferences because the composition of its student body would change, without proving that the alternative would cause a dramatic sacrifice in academic quality or the educational benefits of overall student-body diversity. UNC rejects any race-neutral alternative, even if those alternatives would improve overall student body diversity.
While Harvard and UNC have breached the current legal boundaries that narrowly permit racial classifications and preferences in college admissions, the legal opinion in Grutter allowing these policies was wrong on the day it was decided on June 23, 2003.
Grutter is also internally contradictory. It claims that racial preferences improve diversity because race is a proxy for certain views and experiences. Then it claims that racial preferences break down stereotypes because race is not a proxy for any views or experiences. The latter is, of course, true: A person's skin color says nothing about who they are, what they think, or where they've been. Yet this is a "lesson of life" learned by most at an early age. And if a student's views aren't tied to his or her race, then why would the racial makeup of a class predictably change what students learn or discuss? Grutter has no answers.
No one is under any illusions that we live in a post-racial society, or that racial discrimination is a thing of the past. But when our most elite universities place high-schoolers on racial registers and tell the world that their skin color affects what they think and know, what they like and don't like, they are hurting, not helping.
Edward Blum, president of Students for Fair Admissions said, "Recent surveys (2022) by the Pew Research Center reveal that 74% of all Americans do not believe a student's race should be a factor in college admissions." The Pew Research report noted:
About eight-in-ten White adults (79%) say race or ethnicity should not factor into admission decisions. By comparison, 68% of Hispanic adults say this, as do about six-in-ten Asian American (63%) and Black (59%) adults. And while 87% of Republicans say race or ethnicity should not be a factor in admissions, that share falls to 62% among Democrats.
Blum added, "In a multi-racial, multi-ethnic nation like ours, the college admissions bar cannot be raised for some races and ethnic groups but lowered for others. Our nation cannot remedy past discrimination and racial preferences with new discrimination and different racial preferences."
Blum noted, "These two cases now at the U.S. Supreme Court are rescue missions for the colorblind legal principles that hold together Americans of all races and ethnicities.
Blum concluded, "The ancient faith that gave birth to our nation's civil rights laws is the principle that an individual's race should not be used to help or harm them in their life's endeavors. It is the hope of the vast majority of all Americans that the justices end these polarizing admissions policies."
Students for Fair Admissions
2200 Wilson Blvd. #102-13
Arlington, VA 22201
StudentsForFairAdmissions.org
703-505-1922
edwardjayblum@gmail.com
Media Contact:
Edward Blum
703-505-1922
edwardjayblum@gmail.com
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SOURCE Students for Fair Admissions | https://www.mysuncoast.com/prnewswire/2022/05/02/students-fair-admissions-files-opening-brief-us-supreme-court-students-fair-admissions-v-harvard-students-fair-admissions-v-university-north-carolina/ | 2022-05-03T00:50:12Z |
- Univar Solutions as exclusive distributor in the United States and Canada for BASF Chemical Intermediates' Glyoxal
- Glyoxal offering beneficial properties for the textiles, disinfection, paper, leather, cosmetics and epoxy industries
FLORHAM PARK, N.J. and DOWNERS GROVE, Ill., June 9, 2022 /PRNewswire/ -- Effective June 1, 2022, Univar Solutions will become the exclusive distributor for BASF's Chemical Intermediates' Glyoxal in the United States and Canada. With this agreement BASF and Univar Solutions, a global chemical and ingredient distributor and provider of value-added services, expand their collaboration to better serve customers through a host of sustainable solutions across a range of applications. Glyoxal is readily biodegradable by showing more than a 90% decrease of dissolved organic carbon according to Organisation for Economic Co-operation and Development (OECD) guidelines 301 C-E and 303 A.
"We are honored and excited to expand our partnership and portfolio of offerings with BASF to match up best in class chemistry with our reliable and flexible service model to the market in the United States and Canada," said Brian Jurcak, Senior Vice President, Product Marketing Management and Global Trade for Univar Solutions.
"We are proud to extend our relationship with Univar to exclusively represent our Glyoxal product line in the United States and Canada," said Kevin Anderson, Vice President, Business Management Amines, Acetylenics, and Carbonyl Derivatives, Chemical Intermediates, North America for BASF. "Univar Solutions' supply chain capabilities coupled with their extensive market reach will provide customers with the reliability and convenience needed to service their Glyoxal requirements."
BASF's Glyoxal is utilized by customers as a highly efficient cross-linking agent in the textiles, disinfection, paper, leather, cosmetics and epoxy industries. The usage of Glyoxal allows customers to achieve a wide range of benefits in their formulation, including flexibility, improved viscosity, anti-wrinkle and softening as well as moisture resistance.
BASF Corporation, headquartered in Florham Park, New Jersey, is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF Canada, headquartered in Mississauga, Ontario, is a subsidiary of BASF SE and an affiliate of BASF Corporation. BASF has more than 16,700 employees in North America and had sales of $25.9 billion in 2021. For more information about BASF's North American operations, visit www.basf.com/us.
At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. Around 111,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio comprises six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. BASF generated sales of €78.6 billion in 2021. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com.
Univar Solutions USA Inc. and Univar Solutions Canada Ltd. are subsidiaries of Univar Solutions Inc. (NYSE: UNVR), a leading global commodity and specialty chemical and ingredient distributor representing a premier portfolio from the world's leading producers. With the industry's largest private transportation fleet and technical sales force, unparalleled logistics know-how, deep market and regulatory knowledge, formulation and recipe development, and leading digital tools, the Company is well-positioned to offer tailored solutions and value-added services to a wide range of markets, industries, and applications. While fulfilling its purpose to help keep communities healthy, fed, clean and safe, Univar Solutions is committed to helping customers and suppliers innovate and focus on Growing Together. Learn more at univarsolutions.com.
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SOURCE Univar Solutions Inc. | https://www.kxii.com/prnewswire/2022/06/09/univar-solutions-basf-expand-collaboration/ | 2022-06-09T21:40:12Z |
TORONTO, July 27, 2022 /PRNewswire/ - Spin Master Corp. ("Spin Master" or the "Company") (TSX: TOY) (www.spinmaster.com), a leading global children's entertainment company, today announced its financial results for the three and six months ended June 30, 2022. The Company's full Management's Discussion and Analysis ("MD&A") for the three and six months ended June 30, 2022 is available under the Company's profile on SEDAR (www.sedar.com) and posted on the Company's web site at www.spinmaster.com/financial-info.php. All financial information is presented in United States dollars ("$", "dollars" and "US$") and has been rounded to the nearest hundred thousand, except per share amounts and where otherwise indicated.
"We are very pleased with our strong revenue growth this quarter across all three creative centres amidst a shifting macroeconomic environment," said Max Rangel, Spin Master's Global President & CEO. "Our Toy business continued to grow ahead of the industry with the strong performance of our diversified toy portfolio including innovative IP, evergreen franchise brands and popular licensed partnerships. Looking to the balance of the year, we remain confident in our ability to execute on our strategy of reimagining everyday play for children globally, powered by our deep expertise across toys, entertainment and digital games. We believe we are well positioned to manage through external market dynamics to deliver profitable growth and long-term shareholder value, while continuing to invest in growth initiatives."
"In the second quarter, we maintained our momentum in revenue growth and delivered record margins and profitability," said Mark Segal, Spin Master's Chief Financial Officer. " We are committed to our financial framework for value creation, underpinned by our formula for innovation and disciplined global growth across all of our creative centres. Given our strong financial position and operational outlook, we are pleased to introduce our first-ever quarterly dividend. We continue to remain focused on increasing opportunities to leverage our diverse and global platform for organic growth and accretive acquisitions."
- Revenue was $506.3 million, an increase of 29.6% from $390.8 million primarily due to an increase in Toy revenue of 34.1%. Digital Games revenue increased by 9.2% and Entertainment revenue increased by 3.3%. Constant Currency Revenue1 was $514.7 million, up from $390.8 million, an increase of 31.7%
- Operating Income was $118.2 million compared to $46.9 million.
- Operating Margin2 was 23.3% compared to 12.0%.
- Adjusted Operating Income1 was $97.6 million compared to $57.7 million.
- Adjusted Operating Margin1 was 19.3% compared to 14.8%.
- Adjusted EBITDA1 was $113.7 million compared to $81.8 million.
- Adjusted EBITDA Margin1 was 22.5% compared to 20.9%.
- Cash provided by operating activities was $111.6 million compared to $94.2 million.
- Free Cash Flow1 was $84.1 million compared to $69.0 million.
- Unutilized liquidity of approximately $1,068 million, comprised of $558 million in cash and cash equivalents and $510 million under the Company's credit facilities.
- Strong capital position and operational outlook led to the declaration of a quarterly dividend in respect of the third quarter of 2022.
- Revenue was $930.5 million, an increase of 31.5% from $707.4 million driven by growth in Toy revenue of 35.5% and Digital Games revenue of 28.7%, offset by a decrease in Entertainment revenue of 7.0%. Constant Currency Revenue1 increased by 33.5%2 to $944.3 million from $707.4 million.
- Operating Income was $179.9 million compared to $53.6 million.
- Operating Margin was 19.3% compared to 7.6%.
- Adjusted Operating Income1 was $174.9 million compared to $71.3 million.
- Adjusted Operating Margin1 was 18.8% compared to 10.1%.
- Adjusted EBITDA1 was $209.4 million compared to $118.5 million.
- Adjusted EBITDA Margin1 was 22.5% compared to 16.8%.
- Cash provided by operating activities was $48.7 million compared to $103.2 million.
- Free Cash Flow1 was $4.7 million compared to $62.5 million.
Toys Segment Results
The following table provides a summary of Toys segment operating results, for the three months ended June 30, 2022 and 2021:
- Toy revenue increased by $111.2 million or 34.1% to $437.6 million driven by growth in Preschool and Dolls & Interactive, Wheels & Action, Activities, Games & Puzzles and Plush, offset by a decline in Outdoor.
- Toy Gross Product Sales increased by $125.4 million or 34.9%, to $484.4 million from $359.0 million. Constant Currency Toy Gross Product Sales1 increased by $131.2 million or 36.5%2 to $490.2 million, up from $359.0 million. The improvement was driven by an increase in shipments in the second quarter compared to the prior year as a result of customers ordering earlier, as well as strong customer demand.
- Operating Margin was 14.3% compared to 8.7%.
- Adjusted EBITDA Margin1 was 19.0% compared to 14.5%.
- The improvement in Operating Margin and Adjusted EBITDA Margin1 was driven by improved gross margin from favourable changes in product mix and price increases, as well as lower administrative and distribution expenses as a percentage of revenue, offset in part by inflation on product costs and ocean freight.
Entertainment Segment Results
The following table provides a summary of Entertainment segment operating results, for the three months ended June 30, 2022 and 2021:
- Entertainment revenue increased by $0.9 million or 3.3% to $28.4 million, from higher distribution revenue related to the PAW Patrol series.
- Operating Margin was 61.6% compared to 45.5%.
- Adjusted Operating Margin1 was 63.4% compared to 45.8%.
- The improvement in Operating Margin and Adjusted Operating Margin1 was driven primarily by fewer Entertainment content deliveries in the current period, which resulted in lower amortization expense.
Digital Games Segment Results
The following table provides a summary of Digital Games segment operating results, for the three months ended June 30, 2022 and 2021:
- Digital Games revenue increased by $3.4 million or 9.2% to $40.3 million due to higher in-app purchases in Toca Life World. Constant Currency Digital Games Revenue1 increased by $6.1 million or 16.5% to $43.0 million, up from $36.9 million.
- Operating Margin was 20.8% compared to 34.7%.
- Adjusted Operating Margin1 was 24.8% compared to 37.1%, due to higher product development and personnel costs related to the investment in future products, as well as higher marketing costs to acquire users, partially offset by higher revenue from in-app purchases in Toca Life World.
The Company continues to expect 2022 Toy Gross Product Sales, in constant currency1, to increase low double digits compared to 2021, consistent with prior guidance on May 4, 2022.
The Company continues to expect 2022 Revenue, in constant currency1, to increase low double digits compared to 2021 Revenue, excluding PAW Patrol: The Movie Distribution Revenue1 of $26.0 million, consistent with prior guidance on May 4, 2022.
The Company continues to expect 2022 Adjusted EBITDA Margin1 to be in line with 2021 Adjusted EBITDA Margin, excluding PAW Patrol: The Movie Distribution Revenue1 of $26.0 million, consistent with prior guidance on May 4, 2022.
The Company's Board of Directors has authorized and declared a quarterly dividend of C$0.06 per outstanding subordinate voting share and multiple voting share of Spin Master in respect of the third quarter of 2022. The dividend will be paid on October 14, 2022 to shareholders of record at the close of business on September 30, 2022. This dividend is designated to be an eligible dividend for purposes of section 89(1) of the Income Tax Act (Canada).
Certain statements, other than statements of historical fact, contained in this Press Release constitute "forward-looking information" within the meaning of certain securities laws, including the Securities Act (Ontario), and are based on expectations, estimates and projections as of the date on which the statements are made in this Press Release. The words "plans", "expects", "projected", "estimated", "forecasts", "anticipates", "indicative", "intend", "guidance", "outlook", "potential", "prospects", "seek", "strategy", "targets" or "believes", or variations of such words and phrases or statements that certain future conditions, actions, events or results "will", "may", "could", "would", "should", "might" or "can", or negative versions thereof, "be taken", "occur", "continue" or "be achieved", and other similar expressions, identify statements containing forward-looking information. Statements of forward-looking information in this Press Release include, without limitation, statements with respect to: the Company's outlook for 2022; future growth expectations in 2022 and beyond; the Company's dividend policy; drivers and trends for such growth and financial performance; the successful execution of its strategies for growth; financial position, cash flows and financial performance; and the creation of long term shareholder value.
Forward-looking statements are necessarily based upon management's perceptions of historical trends, current conditions and expected future developments, as well as a number of specific factors and assumptions that, while considered reasonable by management as of the date on which the statements are made in this Press Release, are inherently subject to significant business, economic and competitive uncertainties and contingencies which could result in the forward-looking statements ultimately being incorrect. In addition to any factors and assumptions set forth above in this Press Release, the material factors and assumptions used to develop the forward-looking information include, but are not limited to: the Company's dividend payments being subject to the discretion of the Board of Directors and dependent on a variety of factors and conditions existing from time to time; seasonality; ability of factories to manufacture products, including labour size and allocation, tooling, raw material and component availability, ability to shift between product mix, and customer acceptance of delayed delivery dates; the steps taken will create long term shareholder value; the expanded use of advanced technology, robotics and innovation the Company applies to its products will have a level of success consistent with its past experiences; the Company will continue to successfully secure broader licenses from third parties for major entertainment properties consistent with past practices; the expansion of sales and marketing offices in new markets will increase the sales of products in that territory; the Company will be able to successfully identify and integrate strategic acquisition and minority investment opportunities; the Company will be able to maintain its distribution capabilities; the Company will be able to leverage its global platform to grow sales from acquired brands; the Company will be able to recognize and capitalize on opportunities earlier than its competitors; the Company will be able to continue to build and maintain strong, collaborative relationships; the Company will maintain its status as a preferred collaborator; the culture and business structure of the Company will support its growth; the current business strategies of the Company will continue to be desirable on an international platform; the Company will be able to expand its portfolio of owned branded intellectual property and successfully license it to third parties; use of advanced technology and robotics in the Company's products will expand; access of entertainment content on mobile platforms will expand; fragmentation of the market will continue to create acquisition opportunities; the Company will be able to maintain its relationships with its employees, suppliers, retailers and license partners; the Company will continue to attract qualified personnel to support its development requirements; and the Company's key personnel will continue to be involved in the Company products and entertainment properties will be launched as scheduled and that the risk factors noted in this Press Release, collectively, do not have a material impact on the Company.
By its nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. Known and unknown risk factors, many of which are beyond the control of the Company, could cause actual results to differ materially from the forward-looking information in this Press Release. Such risks and uncertainties include, without limitation, the magnitude and length of economic disruption as a result of the COVID-19 pandemic; and the factors discussed in the Company's disclosure materials, including the Annual or subsequent, most recent interim MD&A and the Company's most recent Annual Information Form, filed with the securities regulatory authorities in Canada and available under the Company's profile on SEDAR (www.sedar.com). These risk factors are not intended to represent a complete list of the factors that could affect the Company and investors are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements.
There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management's expectations and plans relating to the future. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.
Max Rangel, Global President and Chief Executive Officer and Mark Segal, Chief Financial Officer will host a conference call to discuss the financial results on Thursday, July 28, 2022, at 9:30 a.m. (ET).
The call-in numbers for participants are (647) 792-1240 or (800) 437-2398. A live webcast of the call will be accessible via Spin Master's website at: http://www.spinmaster.com/events.php. Following the call, both an audio recording and transcript of the call will be archived on the same website page.
Spin Master Corp. (TSX:TOY) is a leading global children's entertainment company, creating exceptional play experiences through it's three creative centres: Toys, Entertainment and Digital Games. With distribution in over 100 countries, Spin Master is best known for award-winning brands PAW Patrol®, Bakugan®, Kinetic Sand®, Air Hogs®, Hatchimals®, Rubik's Cube® and GUND®, and is the global toy licensee for other popular properties. Spin Master Entertainment creates and produces compelling multiplatform content, through its in-house studio and partnerships with outside creators, including the preschool franchise PAW Patrol and numerous other original shows, short-form series and feature films. The Company has an established presence in digital games, anchored by the Toca Boca® and Sago Mini® brands, offering open-ended and creative game and educational play in digital environments. Through Spin Master Ventures, the Company makes minority investments globally in emerging companies and start-ups. With over 30 offices in close to 20 countries, Spin Master employs more than 2,000 team members globally. For more information visit spinmaster.com or follow-on Instagram, Facebook and Twitter @spinmaster.
For further information
Sophia Bisoukis
Vice President, Investor Relations
sophiab@spinmaster.com
Spin Master Corp.
Condensed consolidated interim statements of financial position
Spin Master Corp.
Condensed consolidated interim statements of earnings and comprehensive income
Spin Master Corp.
Condensed consolidated interim statements of cash flows
In addition to using financial measures prescribed under IFRS, references are made in this Press Release to the following terms, each of which is a non-GAAP financial measure:
- Toy Gross Product Sales
- Constant Currency Toy Gross Product Sales
- Constant Currency Digital Games Revenue
- Constant Currency Revenue
- Adjusted EBITDA
- Adjusted Operating Income (Loss)
- Adjusted Net Income (Loss)
- Free Cash Flow
- Revenue, excluding PAW Patrol: The Movie Distribution Revenue
- Adjusted EBITDA, excluding PAW Patrol: The Movie Distribution Revenue
Non-GAAP financial measures do not have any standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other issuers.
Additionally, references are made in this Press Release to the following terms, each of which is a non-GAAP financial ratio:
- Sales Allowance as a percentage of Toy Gross Product Sales
- Percentage change in Constant Currency Toy Gross Product Sales
- Percentage change in Constant Currency Digital Games Revenue
- Percentage change in Constant Currency Revenue
- Adjusted EBITDA Margin
- Adjusted Operating Margin
- Adjusted Basic EPS
- Adjusted Diluted EPS
- Adjusted EBITDA Margin, excluding PAW Patrol: The Movie Distribution Revenue
Non-GAAP financial ratios are ratios or percentages that are calculated using a Non-GAAP financial measure. Non-GAAP financial ratios do not have any standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures presented by other issuers.
Management believes the Non-GAAP financial measures and Non-GAAP financial ratios defined above are important supplemental measures of operating performance and highlight trends in the business. Management believes that these measures allow for assessment of the Company's operating performance and financial condition on a basis that is consistent and comparable between reporting periods. The Company believes that investors, lenders, securities analysts and other interested parties frequently use these Non-GAAP financial measures and Non-GAAP financial ratios in the evaluation of issuers.
Non-GAAP Financial Measures
Toy Gross Product Sales represent Toy revenues, excluding the impact of Sales Allowances. As Sales Allowances are generally not associated with individual products, the Company uses Toy Gross Product Sales to provide meaningful comparisons across product category and geographical results to highlight trends in Spin Master's business. For a reconciliation of Toy Gross Product Sales to Revenue, the closest IFRS measure, refer to the revenue tables for the three months and year ended June 30, 2022 as compared to the same period in 2021 in this Press Release.
Constant Currency Toy Gross Product Sales, Constant Currency Digital Games Revenue and Constant Currency Revenue represent Toy Gross Product Sales, Digital Games revenue and Revenue presented excluding the impact from changes in foreign currency exchange rates, respectively. The current period and prior period results for entities reporting in currencies other than the US dollar are translated using consistent exchange rates, rather than using the actual exchange rate in effect during the respective periods. The difference between the current period and prior period results using the consistent exchange rates reflects the changes in the underlying performance results, excluding the impact from fluctuations in foreign currency exchange rates. Management uses Constant Currency Toy Gross Product Sales, Constant Currency Digital Games Revenue and Constant Currency Revenue to measure the underlying financial performance of the business on a consistent basis over time. Refer to the "Reconciliation of Non-GAAP Financial Measures" section for a reconciliation of these metrics to Revenue, the closest IFRS measure.
Adjusted EBITDA is calculated as Net Income (Loss) before finance costs, income tax expense (recovery) and depreciation and amortization (EBITDA) excluding adjustments that do not necessarily reflect the Company's underlying financial performance. These adjustments include restructuring and other related costs, foreign exchange gains or losses, share based compensation expenses, acquisition related contingent consideration, impairment of intangible assets, impairment of goodwill, investment distribution income, loss on Minority interest and other investments, acquisition related deferred incentive compensation, net unrealized gain on investment, impairment of property, plant and equipment, legal settlement, transaction costs, gain on disposal of asset and bad debt recovery. Adjusted EBITDA is used by management as a measure of the Company's profitability. Refer to the "Reconciliation of Non-GAAP Financial Measures" section below for a reconciliation of this metric to Operating Income (Loss), the closest IFRS measure.
Adjusted Operating Income (Loss) is calculated as Operating Income (Loss) excluding adjustments (as defined in Adjusted EBITDA). Adjusted Operating Income (Loss) is used by management as a measure of the Company's profitability. Refer to the "Reconciliation of Non-GAAP Financial Measures" section below for a reconciliation of this metric to Operating Income (Loss), the closest IFRS measure.
Adjusted Net Income (Loss) is calculated as Net Income excluding adjustments (as defined in Adjusted EBITDA), the corresponding impact these items have on income tax expense. Management uses Adjusted Net Income (Loss) to measure the underlying financial performance of the business on a consistent basis over time. Refer to the "Reconciliation of Non-GAAP Financial Measures" section below for a reconciliation of this metric to Operating Income (Loss), the closest IFRS measure.
Free Cash Flow is calculated as cash flows provided by/used in operating activities reduced by cash flows used in investing activities and adding back cash used for business acquisitions and investment in limited partnership and Minority interest and other investments, net of investment distribution income. Management uses the Free Cash Flow metric to analyze the cash flows being generated by the Company's business. In the third quarter of 2021, the calculation of this metric was revised to include the impact of investment distribution income as Management believes this composition to be relevant to investors, lenders, securities analysts and other interested parties of the Company. Refer to the "Reconciliation of Non-GAAP Financial Measures" section for a reconciliation of this metric to Cash flow from operating activities, the closest IFRS measure.
Revenue, excluding PAW Patrol: The Movie Distribution Revenue is calculated as revenue excluding distribution revenue of $26.0 million related to PAW Patrol: The Movie recognized in 2021. Revenue, excluding PAW Patrol: The Movie Distribution Revenue is used to measure the underlying financial performance of the business on a consistent basis over time. Refer to the "Reconciliation of Non-GAAP Financial Measures" section for a reconciliation of this metric to Revenue, the closest IFRS measure.
Adjusted EBITDA, excluding PAW Patrol: The Movie Distribution Revenue is calculated as Adjusted EBITDA excluding distribution revenue of $26.0 million related to PAW Patrol: The Movie recognized in 2021. Adjusted EBITDA, excluding PAW Patrol: The Movie Distribution Revenue is used by management as a measure of the Company's profitability on a consistent basis over time. Refer to the "Reconciliation of Non-GAAP Financial Measures" section below for a reconciliation of this metric to Net Income, the closest IFRS measure.
Non-GAAP Financial Ratios
Sales Allowance as a percentage of Toy Gross Product Sales is calculated by dividing Sales Allowance by Toy Gross Product Sales. Management uses Sales Allowance as percentage of Toy Gross Product Sales to identify and compare the cost of doing business with individual retailers, different geographic markets and amongst various distribution channels.
Percentage change in Constant Currency Toy Gross Product Sales is calculated by dividing the change in Toy Gross Product Sales excluding the impact from changes in foreign currency exchange rates by the Toy Gross Product Sales of the comparative period. Management uses Percentage change in Constant Currency Toy Gross Product Sales to measure the underlying financial performance of the business on a consistent basis over time excluding the impact from changes in foreign currency exchange rates.
Percentage change in Constant Currency Digital Games Revenue is calculated by dividing the change in Digital Games revenue excluding the impact from changes in foreign currency exchange rates by the Digital Games revenue of the comparative period. Management uses Percentage change in Constant Currency Digital Games Revenue to measure the underlying financial performance of the business on a consistent basis over time excluding the impact from changes in foreign currency exchange rates.
Percentage change in Constant Currency Revenue is calculated by dividing the change in Revenue excluding the impact from changes in foreign currency exchange rates by the Revenue of the comparative period. Management uses Percentage change in Constant Currency Revenue to measure the underlying financial performance of the business on a consistent basis over time excluding the impact from changes in foreign currency exchange rates.
Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by Revenue. Management uses Adjusted EBITDA Margin to evaluate the Company's performance compared to internal targets and to benchmark its performance against key competitors.
Adjusted Operating Margin is calculated as Adjusted Operating Income (Loss) divided by Revenue. Management uses Adjusted Operating Margin to evaluate the Company's performance compared to internal targets and to benchmark its performance against key competitors.
Adjusted Basic EPS is calculated by dividing Adjusted Net Income by the weighted average number of shares outstanding during the period. Adjusted Diluted EPS is calculated by dividing Adjusted Net Income (Loss) by the weighted average number of common shares outstanding, assuming the conversion of all dilutive securities were exercised during the period. Management uses Adjusted Basic EPS and Adjusted Diluted EPS to measure the underlying financial performance of the business on a consistent basis over time.
Adjusted EBITDA Margin, excluding PAW Patrol: The Movie Distribution Revenue is calculated as Adjusted EBITDA excluding PAW Patrol: The Movie Distribution Revenue divided by Revenue, excluding PAW Patrol: The Movie Distribution Revenue. Management uses Adjusted EBITDA Margin excluding PAW Patrol: The Movie Distribution Revenue to evaluate the Company's performance compared to internal targets and to benchmark its performance against key competitors on a consistent basis over time.
The following table presents a reconciliation of Operating Income to Adjusted Operating Income, Adjusted EBITDA and Adjusted Net Income, and cash from operating activities to Free Cash Flow for the three months ended June 30, 2022 and 2021:
The following table presents a reconciliation of Operating Income to Adjusted Operating Income and Adjusted Net Income, and cash from operating activities to Free Cash Flow for the six months ended June 30, 2022 and 2021:
The following tables present reconciliations of Revenue to Constant Currency Toy Gross Product Sales, Revenue to Constant Currency Digital Games revenue and Revenue to Constant Currency Revenue for the three and six months ended June 30, 2022, and 2021:
The following tables present the composition of Percentage change in Constant Currency Toy Gross Product Sales, Percentage change in Constant Currency Digital Games Revenue and Percentage change in Constant Currency Revenue for the three and six months ended June 30, 2022, and 2021:
Segment Results
The Company's results from operations by reportable segment for the three months ended June 30, 2022 and 2021 are as follows:
Effective January 1, 2022, the Company revised its reportable operating segments to align with its current business structure and how the Company's new CODM reviews operations and makes decisions. The following table presents 2021 segments in the same format that the Company presents its operating segments in 2022.
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SOURCE Spin Master Corp. | https://www.kxii.com/prnewswire/2022/07/27/spin-master-reports-q2-2022-financial-results-announces-dividend/ | 2022-07-27T21:50:38Z |
8-year-old paralyzed in Fourth of July parade shooting may have ‘some cognitive loss,’ family says
(CNN) – The family of the 8-year-old boy left paralyzed from the Fourth of July mass shooting in Highland Park, Illinois, said he may have “some cognitive loss.”
Cooper Roberts is paralyzed from the waist down after being shot in the back and has undergone multiple surgeries.
His family gave an update on him Thursday, saying his rehabilitation team is seeing some patterns of behavior that may indicate cognitive loss.
They said he wasn’t well enough and not talking enough for the issues to be noticed sooner.
Therapists are seeing short-term memory loss, word recovery issues and loss of fine motor skills acuity.
The rehabilitation team is working with the family to assess long-term needs for Cooper after his eventual return home from the hospital.
Seven people were killed and dozens more were injured in the mass shooting during the Independence Day parade.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/09/01/8-year-old-paralyzed-fourth-july-parade-shooting-may-have-some-cognitive-loss-family-says/ | 2022-09-01T21:18:10Z |
DeSantis suspends Hillsborough state attorney
TAMPA, Fla. (WWSB) - Gov. Ron DeSantis has suspended the Hillsborough County State Attorney, charging him with neglect of duty.
In a news conference Thursday morning at the Hillsborough County Sheriff’s Office, DeSantis accused Andrew Warren of selective enforcement, creating “a very, very troubling record. Andrew Warren has put himself publicly above the law,” he said.
DeSantis accused Warren of refusing to enforce laws concerning sex-change operations for minors and third-trimester abortions. Reports from law enforcement agencies about lax sentences for criminals also played a role in his decision, DeSantis said.
“It all came back to this area here in the 13th Judicial Circuit in Hillsborough County, and the response that we got was a lot of frustration on the part of law enforcement for criminals being let go and crimes not being prosecuted.
“And so today we are suspending State Attorney Andrew Warren effective immediately.”
The official order suspending Warren included statements by the group Fair and Just Prosecution, signed by dozens of prosecutors across the county, that argue laws that target transgender people and curtail abortion rights are unjust.
“Warren’s declared refusal to prosecute abortion cases is alone sufficient to justify his suspension and removal for neglect of duty and incompetence,” the order states.
At the news conference, Hillsborough Sheriff Chad Chronister applauded Warren’s suspension. “It’s not political to me. It’s about law and order,” he said.
“Over the last several years, Warren has acted as an adjudicator of all, by reducing charges, dropping cases, and single-handedly determining what crimes will be legal or illegal in our county,” Chronister said.
DeSantis appointed Hillsborough County Court Judge Susan Lopez to serve as State Attorney during Warren’s indefinite suspension.
Warren was elected as state attorney since 2016 and was reelected in 2020. According to his biography on his official website, Warren previously served as a federal prosecutor with the United States Department of Justice.
After initially prosecuting street crime in Washington, D.C., he spent the majority of his career with the Justice Department prosecuting financial fraud.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/04/desantis-suspends-hillsborough-state-attorney/ | 2022-08-04T16:31:04Z |
CANTON, Mass., June 29, 2022 /PRNewswire/ -- Ver-Tex Construction, an industry leader in the design and installation of custom shade and acoustical systems headquartered in New England, has announced a major initiative to launch a Mid-Atlantic division, bolstering a previous expansion into seven of the Southeastern states, by adding Pennsylvania, New Jersey, Delaware, Maryland, Washington DC, Virginia, and the New York City metropolitan area to their service areas.
"After four decades and more than 50,000 projects, we've become national experts in the design, specification, and installation of custom shading and acoustic solutions. We have been working hard to increase our capabilities and capacity with meaningful expansion as a pillar of our growth strategy," said Brianna Goodwin, President and Chief Executive Officer of Ver-Tex.
Ver-Tex prides itself on a longstanding commitment to honoring its promise to uphold superior quality standards by developing a deep knowledge of building environments, the careful curation of performance-based products, a culture of respect, and a desire for co-creation among its clients. "With this expansion, Ver-Tex becomes the largest distributor and installer of shading and acoustical systems in the United States offering dedicated design teams for each project and providing consulting services to ensure that the specified window treatment solution meets or exceeds building envelope performance, budget, and schedule. It's an exciting time for Ver-Tex, and we look forward to bringing our expertise to new markets," said Jon Harrington, Chief Revenue Officer.
As former customers affected by the abrupt closure of Pennsylvania-based Kay & Sons, a longtime trusted ally among the design, developer, and construction management communities, seek to complete their existing projects and engage in future projects, Ver-Tex now offers access to a team of talented professionals to support the needs throughout the Mid-Atlantic region.
Also, in November 2021, Ver-Tex acquired Florida-based Brambier's, one of the most prominent acoustic wall and ceiling systems providers in the southeast region of the United States. That acquisition expanded its service area to include Tennessee, Alabama, Georgia, Mississippi, the Carolinas, and Florida, where they now also design and installs window treatment solutions.
Ver-Tex is the industry leader in the design and installation of custom shade and acoustical systems and provides owners and occupants control over environmental factors such as light, heat, sound, daylight control, and improved interior aesthetics, thus producing energy savings and resulting in greater human productivity. Founded in 1985 and WBENC-certified since 2021, family-owned and operated Ver-Tex improves the financial performance of buildings and the lives of building occupants by providing a comprehensive approach to integrating design aesthetics, daylight control, acoustics, and automation products to create the ideal environment for energy savings and occupant productivity. For more information, please visit www.ver-tex.com.
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SOURCE Ver-Tex Construction, Inc. | https://www.wibw.com/prnewswire/2022/06/29/ver-tex-expands-window-treatment-acoustic-systems-business-midatlantic-states-becomes-largest-distributor-us/ | 2022-06-29T15:14:11Z |
NEWARK, N.J., May 17, 2022 /PRNewswire/ -- Panasonic is pleased to introduce a new large-aperture ultra-wide fixed focal length lens, the LEICA DG SUMMILUX 9mm F1.7 (35mm camera equivalent: 18mm) for the LUMIX G Series based on the Micro Four Thirds standard.
The LEICA DG SUMMILUX 9mm (H-X09) is an ultra-wide-angle lens with a large aperture, as well as an unparalleled lens that features an exceptionally short focusing distance of 0.095m (3.7 inches) with an outstanding magnification ratio of 0.25x (35mm camera equivalent: 0.5x). The combination of these lenses makes it possible to distinguish the subject's presence against the background. It also boasts high descriptive performance and smooth, beautiful bokeh, clearing the stringent LEICA standards, and is suitable for use by professionals and high amateur users for both photo shooting and video recording.
The LEICA DG SUMMILUX 9mm F1.7 comprises 12 lens elements in nine groups including two aspherical lenses: two ED (Extra-Low Dispersion) lenses and one UHR (Ultra High Refractive Index) lens to effectively suppress axial chromatic aberration and chromatic aberration of magnification. Astigmatism is also corrected with these aspherical lenses, achieving high resolving performance. Furthermore, a Ultra-High Refractive Index (UHR) lens achieves uniform quality from the center to edges of the image while downsizing the lens unit.
The LEICA DG SUMMILUX 9mm F1.7 is capable of smooth, silent operation, complementing the camera's high-speed, high-precision contrast AF system with the sensor drive at max.240 fps. For the non-linear setting, focus is shifted with a variable amount according to the rotation speed of the focus ring while focus is shifted with a designated amount according to the rotational quantum of the focus ring for the linear setting. Sensitivity (the amount of focus shift per rotational quantum) can be selected from 90 to 360 degrees *1 by 30 degrees to enable intended focus operation. The LEICA DG SUMMILUX 9mm F1.7 also excels in video recording performance with a mechanism that suppresses focus breathing, which was a fatal problem of all interchangeable lenses designed for still image photography. Together with a micro-step aperture control for smooth exposure change, professional quality video can be recorded.
With its approximately 130g (4.5 ounces) compact size and light weight, the LEICA DG SUMMILUX 9mm F1.7 features stunning mobility characteristic of a Micro Four Thirds system. The rugged dust/splash-resistant *2 design of the lens can withstand high mobility and harsh conditions, including frigid temperatures at 10 degrees below zero. The filter diameter is 55 mm, with a 7-blade circular aperture diaphragm.
Panasonic is committed to the development of the Micro Four Thirds lenses to further expand its lineup in order to fulfill the needs of customers.
The LEICA DG SUMMILUX 9mm F1.7 will be available at valued channel partners for $499.99 in late July.
*1 90 to 1080 degrees when used with DC-GH6, as of May, 2022
*2 Dust and Splash Resistant does not guarantee that damage will not occur if this lens is subjected to direct contact with dust and water.
- Design and specifications are subject to change without notice.
About Panasonic Consumer Electronics Company
Newark, NJ-based Panasonic Corporation of North America is a leading provider of Consumer Lifestyle technologies, as well as innovative Smart Mobility, Sustainable Energy, Immersive Experiences, and Integrated Supply Chain solutions. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Holdings Corporation. One of Interbrand's Top 100 Best Global Brands of 2021, Panasonic is a leading technology partner and integrator to businesses, government agencies and consumers across the region. Learn more about Panasonic's ideas and innovations at na.panasonic.com/us
Follow Press Updates for Panasonic Lumix:
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SOURCE Panasonic Corporation of North America | https://www.mysuncoast.com/prnewswire/2022/05/17/carry-small-capture-wide-new-micro-four-thirds-18mm-ultra-wide-angle-lens-with-f17-large-aperture-leica-dg-summilux-9mm-f17-asph-h-x09-35mm-camera-equivalent/ | 2022-05-17T14:37:20Z |
NEWARK, Del., Aug. 11, 2022 /PRNewswire/ -- Fyle Inc, a fast-growing, real-time expense management solution, announces the launch of its app on the Xero App Store. Xero is a cloud-based accounting software platform for small businesses worldwide. By going live on the Xero App Store, Fyle has taken another step towards making expense management easy for its customers.
Fyle was built with a singular goal - not a single second should be spent managing business expenses. Nestled within everyday applications like Gmail, Outlook, Slack, Microsoft Teams, and text messaging, Fyle allows users to track expenses on the go. The Fyle integration with Xero automates the last leg of the accounting process. It syncs and codes all expense-related data such as charts of accounts, employees, vendors, receipts, tax codes, and custom data in real-time.
"We are focused on automating every step of the expense management process. We have built a tool that is intuitive and easy to use for employees and finance teams alike. Our integration with Xero has helped many customers reduce time and effort by automatically coding and populating all expense data. We're happy to go live on the Xero App Store as a Xero-certified app partner," says Yashwanth Madhusudan, Co-founder and CEO of Fyle.
The new app available on the Xero App Store brings together Fyle's expense management capabilities and Xero's powerful accounting automation. Focusing primarily on small and mid-sized businesses, Fyle allows users to easily track expenses from everyday apps. Receipt submissions can be as simple as replying to a text message with a photo of the receipt.
The Fyle-Xero integration facilitates a secure, bi-directional data flow between the two apps. Finance teams can easily pull in vendor, employee, project, chart of accounts, tax codes, and other custom information from Xero and push reimbursable and card spend data, receipts, currencies, approval status, and more from Fyle. Its automated sync lets accountants reduce manual effort and close their books faster.
"We have been using Fyle for almost two years, reducing our expense management effort by 60%. The Fyle-Xero integration reduces the time I spend downloading expense data, mapping all relevant fields, and then uploading it into Xero. By auto-mapping everything from receipts to charts of accounts, we have more time to spend on other important areas of work," said the Finance Operations Manager at a leading automotive tech platform.
Fyle is an exhibitor at Xerocon New Orleans on August 24-25 at the Ernest N. Morial Convention Center. You can try Fyle on the Xero App Store here.
About Fyle:
Fyle was built with the singular aim of reducing the time spent on business expenses. Fyle is the new standard in expense management for small businesses and is built for employees and finance teams. With real-time card feeds, tight accounting integrations, easy receipt tracking, approvals, spend limits, and detailed analytics, Fyle helps finance teams close their books faster.
Media Contact:
Vikram Pothnis, Director Partnerships & Business Development
vikram.pothnis@fylehq.com
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SOURCE Fyle Inc. | https://www.mysuncoast.com/prnewswire/2022/08/11/fyle-is-now-live-xero-app-store/ | 2022-08-11T15:54:00Z |
IRVINE, Calif., May 26, 2022 /PRNewswire/ -- Rebeccatech LLC(Rebeccatech), a California based medtech company recently announced their Series A+ with Hillhouse Captial, Clearwater Bay Ventures and Pechoin Fund. This multi-million dollar round assisted the transition into a global structure with GMP facilities, clinical trial centers and market deployment around the Pacific rim. A series of disruptive healthcare products have been launched since the signing of A+ round, June 2021.
Ms. Betty Wang, partner of Hillhouse Capital, is impressed by Rebeccatech's rapid growth in brand equity, "From the debut of its Nebulyft anti-aging device to shipping out to 16 countries, it took only a year. I've been using Nebulyft since we invested, with the embedded microRF technology, the device has an amazing anti-aging effect."
"We are confident in the future growth of Rebeccatech. It has been the company's mission to build an industry leading infrastructure for launching MEMS-based devices in therapeutic applications. " said investors at Clearwater Bay Ventures, backed by LPs from Sequoia, Hillhouse and Hong Kong University of Science and Technology.
Based on patented bio-compatible MEMS technology, the company has developed a range of instruments and devices for highly specialized fields such as urology and dermatology. The bio-compatible and non-silicon-based MEMS process can achieve the precision of traditional silicon-based micro machining with fully biocompatible materials that are not limited by the size of silicon wafers.
The micro RF therapeutic devices utilize the company's proprietary microRF technology to deliver non-invasive clinical results within natural orifices or on the surface of skin. Hundreds of RF micro-electrodes work collectively to generate electromagnetic fields to deliver precision energy into tissues in contact.
About Rebeccatech LCC:
Rebeccatech focuses on delivering innovative medical solutions to the hands of caregivers and patients. Founded in 2015, the team consists of medical professionals, MEMS scientists and biomedical engineers who specialized in miniaturized physical-factor treatment. It is headquartered in Irvine, an ocean-side, southern California city endowed with top research universities and hospitals. The company's patented MEMS technology aims at bringing a better and healthier life to people.
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SOURCE Rebeccatech | https://www.kxii.com/prnewswire/2022/05/26/rebeccatech-closes-series-microrf-technology/ | 2022-05-26T11:15:54Z |
- Brings Acquired Revenues to $740 Million YTD
HOUSTON, Sept. 6, 2022 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), an international, Fortune 300 automotive retailer with 205 dealerships located in the U.S. and U.K., today announced the expansion of its U.K. operations with the acquisition of a BMW/MINI dealership and a collision center in the town of Southend located east of London in the county of Essex. This location is contiguous with several other existing automotive dealerships currently owned and operated by Group 1 Automotive in the U.K and increases the Company's U.K. operations to 56 dealerships (79 franchises). This acquisition is expected to generate $80 million in annual revenues, bringing year-to-date total acquired revenues for Group 1 to $740 million.
Group 1's Chief Executive Officer Earl Hesterberg stated, "We are extremely pleased to further expand our operations in the U.K. and to increase our BMW/MINI footprint to 43 franchises in the U.S and U.K. Our strong relationship with BMW and our experience in this market area make this an ideal addition to our growing U.K. business."
ABOUT GROUP 1 AUTOMOTIVE, INC.
Group 1 owns and operates 205 automotive dealerships, 275 franchises, and 48 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles. Through its dealerships and omni-channel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts.
Group 1 discloses additional information about the Company, its business, and its results of operations at www.group1corp.com, www.group1auto.com, www.group1collision.com, www.acceleride.com, www.facebook.com/group1auto, and www.twitter.com/group1auto.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, which are statements related to future, not past, events and are based on our current expectations and assumptions regarding our business, the economy and other future conditions. In this context, the forward-looking statements often include statements regarding our strategic investments, goals, plans, projections and guidance regarding our financial position, results of operations and business strategy, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "should," "foresee," "may" or "will" and similar expressions. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting us will be those that we anticipate. Any such forward-looking statements are not assurances of future performance and involve risks and uncertainties that may cause actual results to differ materially from those set forth in the statements. These risks and uncertainties include, among other things, (a) general economic and business conditions, (b) the level of manufacturer incentives, (c) the future regulatory environment, (d) our ability to obtain an inventory of desirable new and used vehicles, (e) our relationship with our automobile manufacturers and the willingness of manufacturers to approve future acquisitions, (f) our cost of financing and the availability of credit for consumers, (g) our ability to complete acquisitions and dispositions and the risks associated therewith, (h) foreign exchange controls and currency fluctuations, (i) the impacts of COVID-19 and the armed conflict in Ukraine on our business and the supply chains upon which our business is dependent, (j) the impacts of continued inflation and any potential global recession, (k) our ability to maintain sufficient liquidity to operate, and (l) our ability to successfully integrate recent and future acquisitions. For additional information regarding known material factors that could cause our actual results to differ from our projected results, please see our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.
Investor contacts:
Jason Babbitt
Vice President, Treasurer
Group 1 Automotive, Inc.
jbabbitt@group1auto.com
Media contacts:
Pete DeLongchamps
Senior Vice President, Manufacturer Relations, Financial Services and Public Affairs
Group 1 Automotive, Inc.
pdelongchamps@group1auto.com
or
Clint Woods
Pierpont Communications, Inc.
713-627-2223
cwoods@piercom.com
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SOURCE Group 1 Automotive, Inc. | https://www.kxii.com/prnewswire/2022/09/06/group-1-automotive-acquires-bmwmini-franchises-uk/ | 2022-09-06T22:06:28Z |
WHIPPANY, N.J., Aug. 4, 2022 /PRNewswire/ -- Suburban Propane Partners, L.P. (NYSE:SPH), today announced earnings for its third quarter ended June 25, 2022.
Consistent with the seasonal nature of its businesses, the Partnership typically experiences a net loss in the third quarter of its fiscal year. Net loss for the third quarter of fiscal 2022 improved to $2.5 million, or $0.04 per Common Unit, compared to a net loss of $26.0 million, or $0.41 per Common Unit, in the fiscal 2021 third quarter. Adjusted earnings before interest, taxes, depreciation and amortization (Adjusted EBITDA, as defined and reconciled below) increased $5.9 million, or 25.3%, to $29.2 million for the third quarter of fiscal 2022, compared to $23.3 million in the prior year third quarter.
In announcing these results, President and Chief Executive Officer Michael A. Stivala said, "We are very pleased to report another quarter with strong year-over-year operating performance, combined with the announcement of a number of strategic initiatives and further debt reduction. In the face of a very volatile commodity price environment and inflationary conditions impacting many of our operating costs, our operations personnel continued to do an outstanding job safely meeting the needs of our customers, while effectively managing selling prices and expenses to deliver an improvement of nearly $6.0 million in Adjusted EBITDA compared to the prior year third quarter. During the quarter, we used excess cash flows to reduce debt by more than $43.0 million, bringing our total leverage metric down to 3.64x from 3.96x at the end of the prior year third quarter."
Mr. Stivala continued, "On the strategic front, we continued to advance the buildout of our renewable energy platform in support of the country's energy transition towards a lower carbon future, while also fostering the growth of our core propane business. Specifically, during the quarter we launched the first commercial sales of Propane+rDME which combines clean, versatile and abundantly available propane with the renewable, low carbon benefits of renewable dimethyl ether (rDME), produced by Oberon Fuels. We also announced further investment in our interconnected portfolio of renewable energy assets through an agreement with Adirondack Farms, in upstate New York, to produce renewable natural gas from dairy cow manure."
Concluding his remarks, Mr. Stivala stated, "In order to help accelerate the adoption of Propane+rDME, and to explore opportunities to further advance investments in the hydrogen infrastructure in the United States, we announced a collaboration agreement with Iwatani Corporation of America, a wholly owned subsidiary of Iwatani Corporation, Japan's largest distributor of propane and only fully integrated supplier of hydrogen. Finally, subsequent to the end of the quarter, we completed an acquisition of a well-run propane business in northern New Mexico, which will expand our presence in this growing market, provide synergy opportunities and support our best-in-class propane operations. Consistent with our stated strategy, we continue to utilize excess cash flow in a balanced way to make investments in our long-term strategic growth initiatives, and to further strengthen the balance sheet."
Retail propane gallons sold in the third quarter of fiscal 2022 of 75.5 million gallons decreased 1.6% compared to the prior year, primarily due to the adverse impact of historically high commodity prices on customer buying habits and demand, partially offset by cooler spring temperatures that contributed to higher heat-related demand in certain markets. In addition, volumes in the prior year third quarter benefitted from incremental outdoor heating and cooking demand associated with continued COVID-19 related government restrictions. Average temperatures (as measured by heating degree days) across all of the Partnership's service territories during the third quarter were 4% warmer than normal and 5% colder than the prior year third quarter.
Average propane prices (basis Mont Belvieu, Texas) for the third quarter of fiscal 2022 increased 43.8% compared to the prior year third quarter. Total gross margin for the third quarter of fiscal 2022 was $159.4 million, compared to $155.0 million in the prior year third quarter. Gross margin for the third quarter of fiscal 2022 included a $0.9 million unrealized loss attributable to the mark-to-market adjustment for derivative instruments used in risk management activities, compared to an $11.1 million unrealized gain in the prior year third quarter. These non-cash adjustments, which were reported in cost of products sold, were excluded from Adjusted EBITDA for both periods. Excluding the impact of the non-cash mark-to-market adjustments, total gross margin increased $16.4 million, or 11.4%, compared to the prior year third quarter, primarily due to prudent margin management during a volatile commodity price environment, as well as from the favorable impact of commodity hedges that matured during the period. The Partnership's hedging and risk management activities are intended to reduce the effect of price volatility associated with forecasted purchases of propane, and propane sold on a fixed price basis. The commodity hedges that matured during the third quarter of fiscal 2022 were principally comprised of net long positions that were favorably impacted from the significant rise in commodity prices.
Combined operating and general and administrative expenses of $130.6 million for the third quarter of fiscal 2022 increased 9.1% compared to the prior year, primarily due to higher payroll and benefit-related expenses, including higher variable compensation expense, higher vehicle lease and fuel costs, higher provisions for doubtful accounts, as well as other inflationary effects on the Partnership's operating costs.
During the third quarter of fiscal 2022, the Partnership utilized cash flows from operating activities to repay $43.1 million in debt, and make additional investments in Oberon Fuels, Inc. As a result of the debt repayment and the increase in Adjusted EBITDA during the third quarter of fiscal 2022, the Consolidated Leverage Ratio, as defined in the Partnership's credit agreement, for the trailing twelve-month period ending June 25, 2022 improved to 3.64x.
As previously announced on July 21, 2022, the Partnership's Board of Supervisors declared a quarterly distribution of $0.325 per Common Unit for the three months ended June 25, 2022. On an annualized basis, this distribution rate equates to $1.30 per Common Unit. The distribution is payable on August 9, 2022 to Common Unitholders of record as of August 2, 2022.
About Suburban Propane Partners, L.P.
Suburban Propane Partners, L.P. ("Suburban Propane") is a publicly traded master limited partnership listed on the New York Stock Exchange. Headquartered in Whippany, New Jersey, Suburban Propane has been in the customer service business since 1928 and is a nationwide distributor of propane, renewable propane, fuel oil and related products and services, as well as a marketer of natural gas and electricity and an investor in low carbon fuel alternatives, servicing the energy needs of approximately 1 million residential, commercial, governmental, industrial and agricultural customers through approximately 700 locations across 42 states. Suburban Propane is supported by three core pillars: (1) Suburban Commitment – showcasing Suburban Propane's 90+ year legacy, and ongoing commitment to the highest standards for dependability, flexibility, and reliability that underscores Suburban Propane's commitment to excellence in customer service; (2) SuburbanCares – highlighting continued dedication to giving back to local communities across Suburban Propane's national footprint; and (3) Go Green with Suburban Propane – promoting the clean burning and versatile nature of propane and renewable propane as a bridge to a green energy future and developing the next generation of renewable energy. For additional information on Suburban Propane, please visit www.suburbanpropane.com.
Forward-Looking Statements
This press release contains certain forward-looking statements relating to future business expectations and financial condition and results of operations of the Partnership, based on management's current good faith expectations and beliefs concerning future developments. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those discussed or implied in such forward-looking statements, including the following:
- The impact of weather conditions on the demand for propane, fuel oil and other refined fuels, natural gas and electricity;
- Volatility in the unit cost of propane, fuel oil and other refined fuels, natural gas and electricity, the impact of the Partnership's hedging and risk management activities, and the adverse impact of price increases on volumes sold as a result of customer conservation;
- The impact of the COVID-19 pandemic and the corresponding government response, including the impact across the Partnership's businesses on demand and operations, as well as on the operations of the Partnership's suppliers, customers and other business partners, and the effectiveness of the Partnership's actions taken in response to these risks;
- The ability of the Partnership to compete with other suppliers of propane, fuel oil and other energy sources;
- The impact on the price and supply of propane, fuel oil and other refined fuels from the political, military or economic instability of the oil producing nations, including the Russia/Ukraine conflict, global terrorism and other general economic conditions, including the economic instability resulting from natural disasters such as pandemics, including the COVID-19 pandemic;
- The ability of the Partnership to acquire sufficient volumes of, and the costs to the Partnership of acquiring, transporting and storing, propane, fuel oil and other refined fuels;
- The ability of the Partnership to acquire and maintain reliable transportation for its propane, fuel oil and other refined fuels;
- The ability of the Partnership to attract and retain employees and key personnel to support the growth of our business;
- The ability of the Partnership to retain customers or acquire new customers;
- The impact of customer conservation, energy efficiency and technology advances on the demand for propane, fuel oil and other refined fuels, natural gas and electricity;
- The ability of management to continue to control expenses and manage inflationary increases in fuel, labor and other operating costs;
- The impact of changes in applicable statutes and government regulations, or their interpretations, including those relating to the environment and climate change, derivative instruments and other regulatory developments on the Partnership's business;
- The impact of changes in tax laws that could adversely affect the tax treatment of the Partnership for income tax purposes;
- The impact of legal proceedings on the Partnership's business;
- The impact of operating hazards that could adversely affect the Partnership's operating results to the extent not covered by insurance;
- The Partnership's ability to make strategic acquisitions and successfully integrate them;
- The ability of the Partnership and any third-party service providers on which it may rely for support or services to continue to combat cybersecurity threats to its networks and information technology;
- The impact of current conditions in the global capital and credit markets, and general economic pressures;
- The operating, legal and regulatory risks the Partnership may face; and
- Other risks referenced from time to time in filings with the Securities and Exchange Commission ("SEC") and those factors listed or incorporated by reference into the Partnership's Annual Report under "Risk Factors."
Some of these risks and uncertainties are discussed in more detail in the Partnership's Annual Report on Form 10-K for its fiscal year ended September 25, 2021 and other periodic reports filed with the SEC. Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management's view only as of the date made. The Partnership undertakes no obligation to update any forward-looking statement, except as otherwise required by law.
EBITDA and Adjusted EBITDA are not recognized terms under accounting principles generally accepted in the United States of America ("US GAAP") and should not be considered as an alternative to net income or net cash provided by operating activities determined in accordance with US GAAP. Because EBITDA and Adjusted EBITDA as determined by us excludes some, but not all, items that affect net income, they may not be comparable to EBITDA and Adjusted EBITDA or similarly titled measures used by other companies.
The following table sets forth our calculations of EBITDA and Adjusted EBITDA:
We also reference gross margins, computed as revenues less cost of products sold as those amounts are reported on the condensed consolidated financial statements. Our management uses gross margin as a supplemental measure of operating performance and we are including it as we believe that it provides our investors and industry analysts with additional information that we determined is useful to evaluate our operating results. As cost of products sold does not include depreciation and amortization expense, the gross margin we reference is considered a non-GAAP financial measure.
The unaudited financial information included in this document is intended only as a summary provided for your convenience, and should be read in conjunction with the complete consolidated financial statements of the Partnership (including the Notes thereto, which set forth important information) contained in its Quarterly Report on Form 10-Q to be filed by the Partnership with the SEC. Such report, once filed, will be available on the public EDGAR electronic filing system maintained by the SEC.
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SOURCE Suburban Propane Partners, L.P. | https://www.kxii.com/prnewswire/2022/08/04/suburban-propane-partners-lp-announces-third-quarter-results/ | 2022-08-04T12:44:47Z |
Moderna says updated COVID shot boosts omicron protection
(AP) - Moderna’s experimental COVID-19 vaccine that combines its original shot with protection against the omicron variant appears to work, the company announced Wednesday.
COVID-19 vaccine makers are studying updated boosters that might be offered in the fall to better protect people against future coronavirus surges.
Moderna’s preliminary study results show people given the combination shot experienced an eight-fold increase in virus-fighting antibodies capable of targeting the omicron mutant, the company announced.
Today’s COVID-19 vaccines all are based on the original version of the coronavirus. They’re still providing strong protection against severe disease, hospitalization and death even after the appearance of the super-contagious omicron variant -- especially if people have had a booster dose.
But the virus continues to mutate rapidly in ways that let it evade some of the vaccines’ protections and cause milder infections.
So U.S. regulators, and the World Health Organization, are considering whether to order a change in the vaccine recipe for a new round of booster shots in the fall -- when cold weather and kids returning to school are expected to drive yet another surge.
Key questions: How to make that change without losing the continued strong protection against COVID-19′s worst outcomes? And what’s the right variant to target? After the huge winter omicron surge, that mutant’s genetically distinct siblings now are the main threats, including one that’s fueling the current U.S. wave of infections.
The Food and Drug Administration has set a meeting in late June for its scientific advisers to debate those questions and evaluate data from vaccine makers’ tests of potential new formulas. Pfizer also is studying a combination shot, what scientists call a bivalent vaccine.
Moderna said its new study found that a month after the combo shot, recipients harbored higher omicron-fighting antibody levels -- and cross-protection against other prior variants — than the original vaccine triggers. However, antibodies naturally wane so it’s not clear how long the protection against infection will last.
The study was performed in 437 people, and safety was similar to today’s boosters, Moderna said. The results were announced in a press release and haven’t undergone scientific review.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/08/moderna-says-updated-covid-shot-boosts-omicron-protection/ | 2022-06-08T12:56:33Z |
WEST PALM BEACH, Fla., June 14, 2022 /PRNewswire/ -- The Iscoe Law Firm, one of Florida's leading personal injury attorney teams, wants to remind Florida flyers that many traveling by plane is statistically one of the safest modes of transportation. Motorists are much more likely to be severely injured or killed in a motor vehicle accident than in an airplane crash.
According to the National Safety Council (NSC), the odds of dying in a car wreck are one in 107. The likelihood of sustaining fatal injuries in a plane accident is one in 9,737. Other sources cite one in 11 million odds. However, in the rare event that aviation accidents do occur, they are much more severe and typically always result in fatalities.
"Whether it's a commercial aviation accident or a crash involving private aircraft, aviation accidents often result in serious injury and even death," said Gary T. Iscoe, Founder of Iscoe Law. "Our Iscoe Law aviation accident lawyers have the experience and the resources to help the victims of any aviation accident and their families."
State and federal authorities investigate every aviation accident. The National Transportation Safety Board (NTSB) usually issues a report identifying the cause or causes of the plane crash. These reports are often critical pieces of evidence in an injury claim.
To obtain compensation in your aviation accident case, your Iscoe Law aviation accident attorney must thoroughly investigate the aviation incident to determine its causes and to whom to assign liability. The NTSB report will become a part of their investigation and assist in their determination.
Since 1991, Gary T. Iscoe, a Trial Lawyer, has been dedicated to holding the powerful accountable for taking advantage of the powerless. From representing clients in serious injury cases, wrongful death cases, class actions, and other lawsuits including medical malpractice, and product liability. Gary and his team understand Florida's complex personal injury laws.
Iscoe Law fights hard for the injured and holds auto insurers like State Farm, Allstate, Progressive, GEICO, Liberty Mutual accountable for the pain and suffering, medical expenses, lost wages, and other damages suffered by its clients.
Iscoe Law offers a free initial consultation at one's home, office, hotel, or hospital. For more information or schedule a free consultation, call 800-800-6500 or visit www.iscoelaw.com
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SOURCE Iscoe Law | https://www.mysuncoast.com/prnewswire/2022/06/14/iscoe-law-firm-knows-your-commercial-aviation-rights/ | 2022-06-14T11:58:05Z |
NEWPORT, R.I., July 19, 2022 /PRNewswire/ -- Hinckley, the builder of America's finest yachts for nearly 95 years, was the first to bring the marine space the world's first fully electric luxury yacht in 2017 (Dasher), and now is back with a new hybrid upgrade for its iconic Picnic Boat which can run in full silence with its trademarked SilentJet technology.
"We know our clients want what's next, and they also want common sense solutions," says Geoff Berger, CEO of The Hinckley Company. "The electric Dasher turned heads as all our new models always do, but the practicality of going any distance on electric given the best current technology wasn't ideal for our clients. With SilentJet you can travel farther with the hybrid diesel system than with Dasher's electric platform. Furthermore, we learned that electric powered water jets are much quieter and produce less vibration than traditional propellers. To deliver a truly silent cruising experience that feels almost like sailing, we knew our water jet propulsion system was the best fit."
Hinckley started conceptualizing a hybrid solution shortly after the 2017 launch of electric Dasher. Ongoing conversations with Twin Disc led to collaborating on the project, and the team integrated the new hybrid technology into Hinckley's JetStick™ control system which featured automatic components that no one had brought to market before.
"By collaborating with Hinckley to implement a complete hybrid solution, we advanced our development with a proven builder who embraces electric and hybrid technology," said Mike Gee, Vice President - Hybrid Engineering. "Twin Disc focused on Hinckley's needs and tailored our technology and software to provide an automatic mode that seamlessly manages diesel/electric operation. The functionality perfectly complements Hinckley's already existing user-friendly control system."
The SilentJet technology maintains the standard of excellence found in all Hinckley products. Quiet propulsion and less time lost at the fueling dock make SilentJet the best way to spend time on the water with family and friends. With SilentJet engaged, the Picnic Boat 40 S's cruising speed is seven knots. Range is at least an hour (at seven knots, and up to 90 minutes at 5.5 knots), and the Picnic Boat 40 S cruises at 35 knots (depending on load) under diesel power.
"With SilentJet, you glide away from the dock and cruise through the harbor in total silence," says Scott Bryant, Hinckley's Vice President of Sales & Marketing. "When faster speeds are desired or the battery requires charging, the diesel engine comes on automatically, replenishing the battery in just 30-45 minutes. Since all the electrical loads on the Picnic Boat can be supported by the battery while at anchor, there's no need for a noisy generator. It's a complete paradigm shift in the onboard Hinckley Experience."
SilentJet is just the latest Hinckley innovation. Since 1928, Hinckley has pioneered beautiful, timeless, and highly innovative yachts. The company has a long tradition of innovation in pursuit of the perfect yachting experience. From the early use of fiberglass in the Bermuda 40 in the 1960's, to the development of the first recreational joystick control(JetStick) on the category-defining Picnic Boat in 1990's, they've always worked to combine the latest technology with cutting edge naval architecture to do what has not yet been done.
The world's most luxurious new hybrid yacht has arrived. To inquire and arrange a test ride, please visit hinckleyyachts.com.
Key Specifications for Picnic Boat 40 S with SilentJet Propulsion:
- 2 x 90 Kilowatt (kW) electric motors, 2x Cummins 550hp diesel engines.
- 1 x 80 kw/h battery which can be charged manually or while under diesel power.
- 7+ knot cruise under electric power for 60-90 minutes or more depending on speed and conditions.
- Batteries can support air conditioning and other systems at anchor overnight or longer depending on overall loading (without generator).
- 30-45 minute charge time while underway. 8-10 hours to charge on shorepower.
Hinckley has been building and caring for America's finest yachts since 1928. Founded to build and care for the boats of the local lobstermen in Southwest Harbor, Maine, Hinckley quickly developed a reputation for unsurpassed quality and innovation. The years that followed saw the company building true classics of American yachting from the Bermuda 40 to the Picnic Boat.
Today, Hinckley builds carbon/epoxy powerboats from 34 to 57 feet and supports its owners and other yachtsmen with its network of service yards from Maine to Florida. Two other distinguished boat builders, Hunt Yachts and Morris Yachts, were acquired in 2013 and 2016 respectively. For further information, please visit www.hinckleyyachts.com
Media Contacts:
Scott Bryant | 401- 683-7089 | sbryant@hinckleyyachts.com
Richard Matthews | 203-644-2328 | richard@mattmedia.com
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SOURCE Hinckley Yachts | https://www.wibw.com/prnewswire/2022/07/19/hinckleys-iconic-picnic-boat-is-now-quietest-ride-water-industry-leader-partners-with-twin-disc-silentjet-experience/ | 2022-07-19T12:08:40Z |
LOS ANGELES, Aug. 10, 2022 /PRNewswire/ -- USC Athletics and iTrustCapital have formed a partnership, making iTrustCapital the official crypto platform of the USC Trojans.
As part of this sponsorship, iTrustCapital will have a strong presence through banners, on-site activations and additional advertisements for the football and basketball seasons. Additionally, custom signs will be displayed in and around the iconic Los Angeles Memorial Coliseum, the home of USC's football team, and the Galen Center, host to Trojan home basketball games. iTrustCapital will hold special fan-centric events and promotional activities both before and after many events throughout the football and basketball seasons.
"The legacy and community of USC aligns with the values and mission of iTrustCapital. As pillars of Southern California culture, we're proud to work with USC and continually support its long-standing success, both on and off the field," said Trever Gregory, Chief Operating Officer of iTrustCapital. "By partnering with USC Athletics, iTrustCapital aims to empower all Trojans, current students and active alumni, with knowledge and experience in retirement savings and investment."
"We are excited to welcome iTrustCapital as one of our newest partners," said USC Athletics Director Mike Bohn. "In alignment with our vision to be the most student-athlete centered program in the country, we embrace creative, unique and modern opportunities to enhance the USC Athletics brand. iTrustCapital's attentiveness to community initiatives and supporting greater Southern California aligns with our vision and represents the foundation of this partnership. We are grateful to iTrustCapital for their commitment to our program, university and community."
USC Athletics has an incredibly strong and recognizable heritage; Trojan teams have won an impressive 133 national championships, with a long-standing tradition of nurturing accomplished student-athletes.
iTrustCapital has seen explosive growth since its founding in 2018, with more than 38,000 client-funded accounts since inception and recently surpassing $5.5 billion in total transaction volume. The business prides itself on an incredibly easy-to-use platform that eliminates intimidation and makes investing simple and safe.
"The positive impact of cryptocurrency in sports business has been significant in a short time period," said Drew DeHart, vice president/general manager of USC Sports Properties. "The partnership with iTrustCapital gives Trojans access to information for those who are interested in learning more about cryptocurrency."
Playfly Sports is a full-service sports marketing company operating where sports marketing, media & technology converge. Playfly Sports drives outcome-based solutions for brands reaching approximately 83% of all US sports fans generating over 230bn impressions each year in pro, college, and high school sports. Utilizing the influence and durability of local sports fandom, Playfly Sports exclusive rights in the NBA, NHL, MLB, NCAA, esports, and high school sectors drive value for our local, regional, and national brand partners. Playfly's insights-infused multimedia and tech platforms drive innovation through scaled linear, digital, in-venue, and experiential marketing and engagement assets. Playfly Sports has the unique ability to partner, innovate, and advance the aspirations of athletes, brands, academic institutions, and sports fans across the U.S. Playfly Sports is Igniting Brands through the Love of Fans. Visit Playfly Sports online at playfly.com and follow Playfly Sports on LinkedIn, Twitter, and Facebook: @PlayflySports. www.playfly.com.
iTrustCapital, named best Crypto IRA software platform* in America, allows clients to buy and sell cryptocurrencies with the tax advantages** of their IRA. iTrustCapital's revolutionary Fintech software platform eliminates the costly inefficiencies and outdated processes of previous IRA models, opening the door for investors to access various digital assets through their retirement accounts – at costs lower than other IRA companies. Headquartered in Irvine, CA, iTrustCapital was founded in 2018 by Todd Southwick and Blake Skadron. iTrustCapital's software platform is available to all qualified US-based investors (excluding NY and HI) and in connection with its partners currently provides access to 29 cryptocurrencies, as well as physical gold and silver. New assets are added frequently to meet demand.
* Internet Marketing Association, Impact21 - Awards include Innovator of the Year and Best Crypto Investment Platform.
** Some taxes and conditions may apply. https://itrustcapital.com/legal-disclaimer
iTrustCapital Contact:
Kevin Maloney, MBA
Investor Relations
k.maloney@itrustcapital.com
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SOURCE iTrustCapital | https://www.kxii.com/prnewswire/2022/08/11/usc-athletics-partners-with-itrustcapital-official-crypto-platform-usc-trojans/ | 2022-08-11T03:01:59Z |
MYRTLE BEACH, S.C. (WBTW) — A TikTok showing the moldy conditions inside a South Carolina resort now has more than 6 million views and nearly 35,000 comments.
The poster, Kelly Bruce, is from Durham, North Carolina. She saved up to take her lifelong friends on a girls’ trip to the Sea Mist Resort in Myrtle Beach.
“This was my gift to my friends, like it was horrible,” Bruce said. “The conditions there were just horrible. We were traumatized because we’ve never seen anything like that in our lives.”
When Bruce and her friends first arrived at the hotel, she said they were placed in the wrong room. After alerting hotel staff, she said they were placed in what the hotel’s management called “an upgrade.”
“It was mold from the ceiling to the floor from the bed, the carpet, the chairs,” Bruce said. “It was just everywhere. We were just in disbelief.”
That is when she took out her phone and started taking a video of what she saw. She said she went straight to the manager to show her the video, but the manager was not interested.
“[The manager] told me she didn’t want to see the video,” Bruce said. “She said ‘I believe you. I don’t want to see it.’”
That is when Bruce decided to post the video on TikTok. Bruce said she wanted the public to know what the hotel was like before they paid more than $300 a night like she did.
“I did not expect [the video] to blow up,” Bruce said. “I was just like, ‘This is unbelievable. Nobody’s gonna believe me if I don’t have something to document this.’ … I don’t care what you paid. If you paid $1 or $10, nobody should have to stay in those type of standards.”
It did not take long for the hotel’s corporate office to find the post. Bruce said the hotel asked her to remove the video and offered her a refund, a three-day stay in the resort’s penthouse, free breakfast and tickets to the aquarium.
Bruce initially told hotel staff members that she would consider the offer. When she returned to the hotel management the next day, she said she wanted to speak to corporate first. That’s when the staff told her that the offer of a refund and gifts was no longer on the table.
“[The manager] told me that I will not be getting a refund and [any] of the things that they were going to provide in that offer if I removed the TikTok,” Bruce said. “It was being rescinded and I would not be receiving it.”
After the TikTok gained popularity, the Sea Mist Resort posted a statement on its Facebook page:
“We are aware of the viral TikTok video depicting a room with mold. We’d like to take this opportunity to give you more details. This unit is managed by Sea Mist but not owned by Sea Mist. The unit was on maintenance block to be treated for mold, which is a regular issue at EVERY resort in a humid climate. The unit was released in error and the guest was moved to a newly renovated unit that she then occupied for her two nights. In addition to the upgrade, the guest was offered compensation that she declined. While we do have rooms around the property that are blocked due to various maintenance issues, this was an isolated incident and we have hundreds of newly renovated rooms for all your vacation needs.”
Sea Mist has since deleted the post.
Bruce said all she wanted from her TikTok was to make people aware. “People need to realize that this company does not care about the health of the people that it provides services for.”
Nexstar’s WBTW has reached out to Sea Mist Resort for comment but did not hear back as of publishing time. | https://cw33.com/news/nexstar-media-wire/we-were-traumatized-viral-tiktok-shows-hotels-unsanitary-conditions/ | 2022-08-08T20:11:11Z |
The Boston-based company, already the largest provider of family caregiving supports and services in the U.S., is expanding partnerships, products and services to fulfill growing demand for care of the aging and chronically ill in the home. Currently, one-third of the U.S. population – over 100 million people – are either family caregivers or are receiving care from a family member, and the numbers continue to climb.
BOSTON, June 28, 2022 /PRNewswire/ -- Seniorlink, Inc., the largest provider of family caregiving services in the U.S., today announced new management team members that will help lead the Boston-based company on a rapid expansion plan to meet accelerating demand for family caregiving services across the country.
Currently, more than 100 million people – one-third of the U.S. population – are either family caregivers or are receiving care from a family member in the home, and that number is growing rapidly as a result of demographic trends, including the impact of the COVID-19 pandemic and an aging population.
Joining President and CEO Matt Marek, who took the helm of Seniorlink at the start of the year, are Eric Daniels in the newly created position of Chief Growth Officer; Cindy Hale as Chief Marketing and Experience Officer; and Nathan Maehren as Chief Product and Technology Officer. Together, the team brings decades of experience working with health plans on bringing innovative products to consumers; a deep understanding of the challenges facing the aging and chronically ill populations; and expertise leveraging technology to deliver user-centric applications and services.
"Seniorlink is ready to respond to an unprecedented challenge facing our nation: literally a tsunami in demand for healthcare services. While the growth rate of our nation's population is slowing, the need for caregiving services by our aging and chronically ill is expanding. As a pioneer with more than two decades of experience working with families across the country, Seniorlink is uniquely positioned to lead efforts to help families where they desire to receive services most, in the comfort of home," said Marek.
Even before the COVID-19 pandemic made telehealth and virtual healthcare services commonplace, Seniorlink had developed and implemented a unique model of caregiver coaching that combined the human touch of professionals with the use of its proprietary app, Vela. Seniorlink's service model allowed the company to help thousands of families make an immediate, and seamless, transition to an exclusively virtual experience at the height of the pandemic, including the development of clinical protocols and recommendations that gave family members the information needed to care for loved ones with confidence.
Currently operating in 11 states in collaboration with both public and private payors, Seniorlink is expanding its portfolio of products and partnerships to reach more of the millions of family caregivers who are the primary point of care for loved ones with disabilities or a chronic illness such as Alzheimer's.
"Seniorlink team members feel a deep connection to humanity. We believe that family caregiving matters," said Chief Marketing and Experience Officer Hale. "With science and medicine enabling longer lifespans, and technology making it easier to connect professional care to the home, we will continue to innovate so that we can provide families with the high-quality products and services they need and deserve."
Bolstered by a fascination with the aging economy and the related growth in caregiving services, Hale brings deep expertise helping specialized care evolve through a modern ecosystem of engagement. Her approach to branding ties together the prospect and customer journey with the employee experience, driving state-of-the-art demand-building strategies.
She previously founded and led one of New England's fastest-growing advertising agencies, working with top brands in healthcare, hospitality and retail, including Benchmark Senior Living, Mass. General Hospital, Bermuda Dept. of Tourism, Fairmont Resorts, TJ Maxx and National Geographic. She's served in leadership positions at Boston Children's Hospital and Walden Behavioral Care, and most recently was Vice President of Brand, Marketing, Communications and Sales Enablement at AlerisLife, one of the largest senior living companies in the U.S.
"The solid foundation that Seniorlink has built is now providing us with the opportunity to create new ways for people to come together, in a trusted community of caregiving, to serve the needs of our loved ones," Daniels said. "We are committed to the health and well-being of the communities we serve, and we are focused on ensuring that more family caregivers and their loved ones are provided with the supports and services they need to care at home, with confidence."
As Chief Growth Officer, Daniels oversees Seniorlink's growth strategy, seeking families and caregivers who would benefit most from the vast array of support services the company provides. Daniels spent most of his career at Blue Cross Blue Shield of Minnesota, where he led the sales strategy to retain and grow membership in the Commercial, Medicare and Individual markets. Prior to joining Seniorlink, he served as Chief Growth Officer at Learn to Live and Further. He served in the U.S. Navy and is a veteran of the Gulf War.
"With the unique ecosystem of human touch and technology that Seniorlink already has in place, we can focus on finding new ways of delivering an experience that is even more personalized to the individual needs of family caregivers and their loved ones," Maehren said. "We can provide not only a best-in-class digital health experience, but a high-quality caregiver health experience that supports their emotional as well as their functional needs as they care for their loved ones."
As SVP and Chief Product and Technology Officer, Maehren oversees the development of innovative technical solutions to address barriers to care, which enables Seniorlink to support more family caregivers. Prior to joining Seniorlink, Maehren served as Chief Strategy and Innovation Officer at the YMCA of the North in Minneapolis, the third-largest YMCA association in the world. He has also developed technology strategies for companies including Target, Carlson Marketing Worldwide, Deloitte Consulting and Cargill.
About Seniorlink
Seniorlink is a technology-enabled care management company dedicated to supporting family caregivers who help to keep care at home. Seniorlink combines Vela, the company's proprietary care collaboration app, with evidence-based clinical protocols and the human touch of dedicated care teams that work in partnership with family caregivers. Seniorlink's care management solutions lead to improved outcomes, cost savings and improved consumer engagement and satisfaction for health plans and providers. More information on the company can be found at www.seniorlink.com.
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SOURCE Seniorlink, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/28/seniorlink-builds-leadership-team-growth-family-caregiving-accelerates-us/ | 2022-06-28T12:06:57Z |
TCALC show families learning programs on offer during open house
TOPEKA, Kan. (WIBW) - The Topeka Center for Advanced Learning and Careers held an open house Monday night to give interested families a look at what they offer.
The program is free for any student within Shawnee Co., and offers half-day courses to provide them experience in a number of career fields ranging from medicine and animal science to public safety and teaching.
“It’s really important for the community to be able to see some of the great things we have going for our students,” Associate Principal Jessica Johnston said. “We take a look at career paths that are really high need and high wage, and different career paths in the Topeka community that we really need some assistance in.”
TCALC will have another open house May 9. You can find more on the program here.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/12/tcalc-show-families-learning-programs-offer-during-open-house/ | 2022-04-12T02:15:58Z |
MIAMI, July 21, 2022 /PRNewswire/ -- Affiliates of Harbor Group International, LLC ("HGI"), a privately owned international real estate investment and management firm, today announced the acquisition of Miro Brickell, a 372-unit, Class A multifamily property in the Brickell neighborhood of Miami, for $184.5 million. The acquisition marks the seventh property currently under HGI's ownership in Miami-Dade County, spanning more than 1,500 units.
Miro Brickell's central location offers convenient access to various employment and entertainment centers throughout Miami. The property is located minutes away from I-95 and Brickell's Metrorail and Metromover stations, connecting residents to Downtown Miami, Downtown Doral and Miami International Airport.
As Miami experiences a boom of corporate relocations, Miro Brickell is walkable to more than 8 million square feet of office space. Several financial and technology providers have relocated to the neighborhood, attracting new residents to the area, including Microsoft, Apollo Global Management, Millennium Management and Citadel, which recently announced plans to move its global headquarters to Brickell.
"Miami is a priority market for HGI given its long-term multifamily fundamentals driven by corporate expansions and in-migration trends, leading to strong investment opportunities," said Richard Litton, President, HGI. "As a long-time investor in the region, we will use our deep market knowledge to capitalize on leasing demand in the area and enhance efficiencies at the property."
Built in 2017, Miro Brickell's amenities include outdoor electric grills, cabanas and a resort-style pool. Individual units include balconies and are equipped with stainless steel appliances, energy-efficient washers and dryers and modern finishes.
HGI has been an active investor in South Florida, recently acquiring ParkLine Miami, two luxury apartment towers in Downtown Miami.
About Harbor Group International
Harbor Group International, LLC, and its affiliates control an investment portfolio of $19 billion including 4.9 million square feet of commercial space throughout the United States and the United Kingdom and 63,000 apartment units in the United States. In addition to its corporate headquarters in Norfolk, Virginia, HGI maintains offices in New York, Baltimore, Los Angeles, and Tel Aviv.
Media contact:
Morgan McGinnis
mmcginnis@prosek.com
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SOURCE Harbor Group International, LLC | https://www.kxii.com/prnewswire/2022/07/21/harbor-group-international-adds-miami-portfolio-with-multifamily-acquisition/ | 2022-07-21T20:28:45Z |
Napoli beats Atalanta 3-1 to go top of Serie A
By DANIELLA MATAR
AP Sports Writer
MILAN (AP) — Lorenzo Insigne scores one and sets up another to help Napoli win at Atalanta 3-1 and move level with AC Milan at the top of Serie A. Napoli is below Milan on head-to-head record. Milan hosts Bologna on Monday. Fourth-placed Juventus can move above defending champion Inter Milan with a victory in the eagerly anticipated Derby d’Italia later. Roma won at struggling Sampdoria 1-0. Beto bagged a hat trick to help Udinese recover and beat Cagliari 5-1 in a relegation fight. | https://localnews8.com/sports/ap-national-sports/2022/04/03/napoli-beats-atalanta-3-1-to-go-top-ahead-of-derby-ditalia/ | 2022-04-03T18:32:55Z |
41-year sentence for Ex-Air Force sergeant who killed guard
OAKLAND, Calif. (AP) — A former U.S. Air Force staff sergeant and alleged member of the “boogaloo” extremist movement was sentenced to 41 years in prison Friday for the fatal shooting of a federal security officer in the San Francisco Bay Area amid large 2020 protests against police brutality.
Steven Carrillo, 33, had pleaded guilty earlier this year to a federal murder charge in the killing of David Patrick Underwood and to the attempted murder of Underwood’s colleague after federal prosecutors agreed not to seek the death penalty.
The men were shot on May 29, 2020, while they stood in front of a federal building in Oakland as hundreds marched on the streets.
In February, Carrillo admitted to posting messages on Facebook a day before the shooting asking anyone if they were “down to boog” and saying he was ready to act and not just talk. He also admitted firing 19 rounds from a homemade AR-15 rifle from the back of a white van being driven by a man he connected with online.
“I aligned myself with the anti-government movement and wanted to carry out violent acts against federal law enforcement officers in particular,” Carrillo said then.
Prosecutors on Jan. 31 said they would not seek the death penalty, but U.S. District Judge Yvonne Gonzalez Rogers said at a February hearing she was not convinced that a 41-year-sentence agreed to by prosecutors and defense lawyers was sufficient for Carrillo’s crimes.
Gonzalez Rogers had warned that she could reject the plea agreement if she didn’t feel prosecutors and defense lawyers did enough to justify the sentence.
On Friday, Gonzalez Rogers sentenced Carrillo to the 41-year term, a lifetime of supervised release and an amount of restitution to be determined at a later date, a court official said.
Prosecutors have said Carrillo, of Santa Cruz, had ties to the “boogaloo” movement — a concept embraced by a loose network of gun enthusiasts and militia-style extremists. Experts say the group started in alt-right culture on the internet with the belief that there is an impending U.S. civil war.
Authorities accused Carrillo of fatally shooting Underwood after spraying a guard shack he was in with bullets.
Prosecutors said Robert Alvin Justus Jr., of Millbrae, drove the van. He faces federal charges of murder and attempted murder in the case.
The pair is accused of driving to Oakland and taking advantage of the distraction afforded by people marching through the city’s downtown to protest George Floyd’s killing by a police officer in Minneapolis.
Carrillo was arrested a week after the shooting in Oakland after he allegedly ambushed sheriff’s deputies in Santa Cruz County who were responding to a report of a van containing firearms and bomb-making materials. Sgt. Damon Gutzwiller, 38, was killed and several other law enforcement officials were wounded, according to authorities and court records.
Prosecutors in Santa Cruz charged Carrillo with a slew of felonies, including murder and attempted murder in connection to that killing.
Carrillo has pleaded not guilty to Gutzwiller’s killing.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/03/41-year-sentence-ex-air-force-sergeant-who-killed-guard/ | 2022-06-03T22:10:17Z |
What are the most popular products from The Ordinary on Sephora?
Few beauty brands have created quite as much buzz as The Ordinary. The skin care line launched in 2013 with accessible prices, clinical product names and a mission: to disrupt the beauty industry’s fixation on luxury product markups by delivering simple, reliable formulas made with high-performing ingredients. If you think you’re overspending on skincare, try these popular The Ordinary products from Sephora.
How to pick The Ordinary products
The minimalist formulas in The Ordinary products focus on trusted individual ingredients like glycolic acid, retinol, caffeine and vitamin C derivatives. However, with product names like Ascorbyl Tetraisopalmitate Solution 20% in Vitamin F, it can be hard to figure out exactly which product you need for your skin concerns. Fortunately, since The Ordinary’s ingredients are so straightforward, a quick online search or a consultation with the nearest Sephora employee can help you zero in on the right product. For example, ascorbyl tetraisopalmitate is a form of vitamin C that can brighten skin and reduce signs of aging. Or, if you want to alleviate dry skin, look for moisturizers with ingredients like hyaluronic acid or glycerin.
Most popular The Ordinary eye product
The Ordinary Caffeine Solution 5% + EGCG
What you need to know: The Ordinary’s only eye product is also one of its most famous.
What you’ll love: The formula contains caffeine and a green tea derivative to reduce the look of puffiness and dark circles in the under-eye area. The lightweight serum is great for users who struggle with traditional heavier eye creams.
What you should consider: While many users saw reduced puffiness, this serum may not help much with fine lines.
Where to buy: Sold by Sephora
Most popular The Ordinary serums
Top The Ordinary serum
The Ordinary Hyaluronic Acid 2% + B5 Hydrating Serum
What you need to know: This twice-daily, oil-free serum is a great all-around addition to a skin care regimen for all skin types.
What you’ll love: The Allure Best of Beauty-winning formula pairs hyaluronic acid with vitamin B5, so it absorbs easily to hydrate skin and reduce the look of fine lines.
What you should consider: Its texture can sometimes feel sticky, making it tough to layer other products or makeup.
Where to buy: Sold by Sephora
Top The Ordinary serum for the money
The Ordinary 100% Plant-Derived Squalane
What you need to know: Squalane helps lock in moisture for all-day comfort, especially if you struggle with dry skin.
What you’ll love: This serum contains only vegan plant-derived squalane, and while it’s recommended for dry skin, it can also hydrate oily and acne-prone skin without irritating.
What you should consider: If you have combination or oily skin, this serum may leave skin feeling too oily.
Where to buy: Sold by Sephora
Most popular The Ordinary products for dry skin
Top The Ordinary dry skin product
The Ordinary Natural Moisturizing Factors + HA
What you need to know: A little of this moisturizer goes a long way. It hydrates well without leaving the skin feeling greasy.
What you’ll love: Formulated with amino acids, hyaluronic acid, glycerin and more moisturizing components, this rich cream feels lightweight on your skin and acts as a primer, layering well with makeup.
What you should consider: It can take a while to absorb. Depending on your climate, it may not provide enough hydration.
Where to buy: Sold by Sephora
Top The Ordinary dry skin product for the money
The Ordinary High-Adherence Silicone Primer
What you need to know: Even if you don’t love the feel of silicone-based primers, this one is so lightweight it may be worth a try.
What you’ll love: This primer uses adaptive silicones to create a blurred, matte surface for your makeup. The hydrating formula keeps dry patches from turning flaky.
What you should consider: It’s important to use only a small amount of this primer to prevent it from pilling.
Where to buy: Sold by Sephora
Most popular The Ordinary products for oily skin
Top The Ordinary oily skin product
The Ordinary Niacinamide 10% + Zinc 1% Oil Control Serum
What you need to know: This serum contains a powerful dose of niacinamide, an ingredient prized for its ability to soothe inflammation and control oil production.
What you’ll love: It helps calm blemishes and regulate sebum production for reduced congestion and a less shiny T-zone. If you’re struggling with acne, this serum could be a helpful addition to your regimen.
What you should consider: Its texture may make it difficult to layer with other products.
Where to buy: Sold by Sephora
Top The Ordinary oily skin product for the money
The Ordinary Salicylic Acid 2% Masque
What you need to know: The 2% concentration of salicylic acid in this mask helps gently exfoliate and unclog pores.
What you’ll love: Formulated with purifying charcoal and acne-fighting salicylic acid, this mask needs only 10 minutes to sweep away dead skin cells, clarify skin and improve skin texture.
What you should consider: Some users reported their tubes arriving under-filled.
Where to buy: Sold by Sephora
Most popular The Ordinary products for anti-aging
Top The Ordinary anti-aging product
The Ordinary “Buffet” Anti-Aging Serum
What you need to know: When it comes to boosting overall skin health, this lightweight serum tops the list.
What you’ll love: It’s packed with potent compounds like peptides and hyaluronic acid that can minimize fine lines, ease dryness and improve skin elasticity.
What you should consider: Not everyone experienced visible results.
Where to buy: Sold by Sephora
Top The Ordinary anti-aging product for the money
The Ordinary AHA 30% + BHA 2% Exfoliating Peeling Solution
What you need to know: Use this exfoliator once weekly to dissolve dead skin cells, clear pores and soften skin.
What you’ll love: If you’re familiar with alpha-hydroxy acids, this serum can be a potent addition to your skin care regimen
What you should consider: Its concentration may be too intense for those new to chemical exfoliators.
Where to buy: Sold by Sephora
Other The Ordinary products worth considering
The Ordinary 100% Organic Cold-Pressed Rose Hip Seed Oil
What you need to know: After your nighttime serum, apply this multipurpose oil to fight irritation, even out skin tone and hydrate.
What you’ll love: Rose hip seed oil can help moisturize dry patches and soften skin. It can even reduce the appearance of scarring.
What you should consider: This heavy oil works better when applied at night. Not everyone is a fan of the scent.
Where to buy: Sold by Sephora
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Laura Duerr writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/10-most-popular-products-from-the-ordinary-on-sephora/ | 2022-04-05T18:53:23Z |
SHANGRAO, China, Aug. 26, 2022 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced its unaudited financial results for the second quarter ended June 30, 2022.
Second Quarter 2022 Business Highlights
- Significant year-over-year growth in revenues and module shipments.
- Demand in European markets remained strong; shipments to China market increased significantly year-over-year and sequentially.
- Product mix was further optimized with the shipments of large-size products increasing to nearly 90% of total shipments.
- The first phase of 16 GW N-type cells reached full capacity with mass production efficiency exceeding 24.8%.
- We have high visibility for the order book of our premium N-type modules.
Second Quarter 2022 Operational and Financial Highlights
- Quarterly shipments were 10,532 MW (10,183 MW for solar modules, and 349 MW for cells and wafers), up 25.5% sequentially, and up 102.4% year-over-year.
- Total revenues were RMB18.84 billion (US$2.81 billion), up 27.6% sequentially and up 137.6% year-over-year. The sequential and year-over-year increases were mainly attributable to an increase in the shipment of solar modules.
- Gross profit was RMB2.77 billion (US$413.8 million), up 24.5% sequentially and up 103.9% year-over-year.
- Gross margin was 14.7%, compared with 15.1% in Q1 2022 and 17.1% in Q2 2021. The sequential change was relatively flat and the year-over-year decrease was mainly due to an increase in the material cost of solar modules.
- Adjusted net income attributable to JinkoSolar Holding Co., Ltd's ordinary shareholders, which excludes the impact from a change in fair value of the convertible senior notes (the "Notes") and the share based compensations expenses, was RMB368.4 million (US$55.0 million), compared with RMB328.4 million in Q1 2022 and RMB264.1 million in Q2 2021. Due to the increase in the Company's stock price in Q2 2022, the Company recognized a loss from a change in fair value of the Notes of RMB536.9 million (US$80.2 million) in Q2 2022.
- Net loss attributable to JinkoSolar Holding Co., Ltd's ordinary shareholders was RMB623.3 million (US$93.1 million), compared with net income attributable to JinkoSolar Holding Co., Ltd's ordinary shareholders of RMB28.9 million in Q1 2022 and RMB66.2 million in Q2 2021.
- Basic and diluted losses per ordinary share were RMB3.15 (US$0.47) and RMB3.15 (US$0.47), respectively. This translates into basic and diluted losses per ADS of RMB12.60 (US$1.88) and RMB12.60 (US$1.88), respectively.
Mr. Xiande Li, JinkoSolar's Chairman of the Board of Directors and Chief Executive Officer, commented, "We had a good quarter despite difficult market conditions. Total module shipments in the second quarter were approximately 10.2GW, up 26.8% sequentially, and total revenues reached US$2.81 billion, up 27.6% sequentially. As polysilicon prices continued to rise, we actively worked to control internal costs through technical advancement and process improvement, partially offsetting the impact of higher upstream costs. Gross margin in the second quarter was 14.7%, remaining relatively flat compared with the first quarter. Excluding the impact of the convertible senior notes and share based compensations expenses, net income in the second quarter was US$55.0 million, improving sequentially.
Driven by the accelerating energy transition in several countries and businesses, as well as the energy crisis caused by the Russia-Ukraine conflict, demand for solar products continued to grow in many markets. In the first half of 2022, Europe imported a total of 42.4GW of PV modules, a year-on-year increase of 137%, and China achieved solar PV installations of 30.9 GW, a year-over-year increase of 136%. Given this better-than-expected growth in demand, released polysilicon production came up short and was further aggravated by annual maintenance programs, and power rationing and anti-pandemic restrictions in certain regions of China. As a result, polysilicon prices rose continuously, reaching a recent high of RMB310/kg, further increasing module prices. Higher module prices negatively affected project yields, causing the demand to deduce to some extent. We believe polysilicon prices will continue to increase and reach their peak in the third quarter. As polysilicon production gradually ramps up in the fourth quarter, polysilicon price increases are expected to moderate, driving a recovery of downstream demand.
Recently,the local government of Sichuan province has imposed province-wide power rationing measures and the production capacity of our manufacturing facilities in Sichuan province has been temporarily affected. We are currently unable to evaluate the extent to which our business operation and financial performance for full year 2022 will be affected by the power rationing measures in Sichuan Province, as it remains uncertain how long the power rationing measures will persist and when our Sichuan manufacturing facilities can resume full production. We are actively monitoring the situation and have implemented various measures to minimize the adverse impact from the power rationing on our business operations and financial performance.
During the second quarter, the proportion of large-size capacity increased sequentially, further improving our integrated structure. At the end of the quarter, our 16 GW of TOPCon cell capacity reached full production with a mass-production efficiency of over 24.8%, and yield rate and integrated cost were in line with our expectations. We recently started production at an additional 8 GW of N-type cell capacity in Hefei and commenced construction of another production project with 11 GW of N-type cell capacity in Haining.
As an industry pioneer embracing the TOPCon technology, we have recently achieved key technology breakthroughs in the currently selected TOPCon technology route that we believe we have created an entry-barrier related to core process and technology with industry-leading mass production efficiency, yield rate and cost levels. Our N-type products continue to be well-received by global customers and, so far, we have high visibility in our orderbook. Compared with P-type products, N-type products command a competitive premium as a result of improved technical parameters and additional power generation gain. We are confident that we will complete our full year N-type shipment goal. In addition, considering the release of new capacity in 2023 and increasing market penetration, we expect the proportion of N-type shipments to further increase.
In view of the current and expected supply chain and market conditions, we have adjusted our capacity expansion pace for mono wafer, cell, and modules for the rest of 2022, and as a result, we are currently expecting the annual production capacity for mono wafers, cells, and modules to reach 60 GW, 55 GW and 65 GW, respectively, by the end of 2022."
Second Quarter 2022 Financial Results
Total Revenues
Total revenues in the second quarter of 2022 were RMB18.84 billion (US$2.81 billion), an increase of 27.6% from RMB14.76 billion in the first quarter of 2022 and an increase of 137.6% from RMB7.93 billion in the second quarter of 2021. The sequential and year-over-year increases were mainly attributable to an increase in the shipment of solar modules due to the increasing demand of global market.
Gross Profit and Gross Margin
Gross profit in the second quarter of 2022 was RMB2.77 billion (US$413.8 million), compared with RMB2.23 billion in the first quarter of 2022 and RMB1.36 billion in the second quarter of 2021.
Gross margin was 14.7% in the second quarter of 2022, compared with 15.1% in the first quarter of 2022 and 17.1% in the second quarter of 2021. The sequential change was relatively flat and the year-over-year decrease was mainly due to an increase in the material cost of solar modules.
(Loss) /Income from Operations and Operating Margin
Loss from operations in the second quarter of 2022 was RMB 289.1 million (US$43.2 million), compared with income from operations of RMB40.8 million in the first quarter of 2022 and RMB356.4 million in the second quarter of 2021. The sequential and year-over-year decreases were mainly due to an increase in disposal and impairment loss on property, plant and equipment.
Operating loss margin was 1.5% in the second quarter of 2022, compared with operating profit margin of 0.3% in the first quarter of 2022 and 4.5% in the second quarter of 2021.
Total operating expenses in the second quarter of 2022 were RMB3.06 billion (US$457.0 million), an increase of 40.0% from RMB2.19 billion in the first quarter of 2022 and an increase of 205.2% from RMB1.00 billion in the second quarter of 2021. The sequential and year-over-year increases were mainly attributable to (i) an increase in shipping costs for solar modules (ii) an increase in disposal and impairment loss on property, plant and equipment, and (iii) an increase in share based compensations expenses in the second quarter of 2022.
Total operating expenses accounted for 16.2% of total revenues in the second quarter of 2022, compared to 14.8% in the first quarter of 2022 and 12.6% in the second quarter of 2021.
Interest Expenses, Net
Net interest expenses in the second quarter of 2022 were RMB88.0 million (US$13.1 million), a decrease of 45.7% from RMB162.2 million in the first quarter of 2022 and a decrease of 44.1% from RMB157.5 million in the second quarter of 2021. The sequential and year-over-year decreases were mainly due to a decrease in the Company's interest-bearing debts and an increase in interest income of bank deposits.
Subsidy Income
Subsidy income in the second quarter of 2022 was RMB464.8 million (US$69.4 million), compared with RMB305.3 million in the first quarter of 2022 and RMB162.2 million in the second quarter of 2021. The sequential and year over year increases were mainly attributable to an increase in the cash receipt of subsidies from local governments in China which are non-recurring, not refundable and with no conditions.
Exchange Gain/Loss and Change in Fair Value of Foreign Exchange Derivatives
The Company recorded a net exchange gain (including change in fair value of foreign exchange derivatives) of RMB225.7 million (US$33.7 million) in the second quarter of 2022, compared to a net exchange gain of RMB76.4 million in the first quarter of 2022 and a net exchange loss of RMB4.4 million in the second quarter of 2021. The sequential and year-over-year changes were mainly attributable to the exchange rate fluctuation of the US dollars against the RMB in the second quarter of 2022.
Change in Fair Value of Convertible Senior Notes and Call Option
The Company issued US$85.0 million of 4.5% convertible senior notes due 2024 in May 2019 and has elected to measure the Notes at fair value derived by valuation model, i.e. Binomial Model.
The Company recognized a loss from a change in fair value of the Notes of RMB536.9 million (US$80.2 million) in the second quarter of 2022, compared to a loss of RMB104.9 million in the first quarter of 2022 and RMB335.7 million in the second quarter of 2021. The change was primarily due to an increase in the Company's stock price in the second quarter of 2022.
Equity in Earnings/ (Loss) of Affiliated Companies
The Company indirectly holds a 20% equity interest in Sweihan PV Power Company P.J.S.C, a developer and operator of solar power projects in Dubai, and accounts for its investment using the equity method. The Company recorded equity in loss of affiliated companies of RMB0.1 million in the second quarter of 2022, compared with earnings of RMB6.4 million in the first quarter of 2022 and loss of RMB0.3 million in the second quarter of 2021. The fluctuation of equity in loss of affiliated companies primarily arose from the net loss incurred by an affiliate company. The affiliated company terminated its interest swap arrangements in the first quarter of 2022. Hedge accounting was not applied for the derivative.
Income Tax Expense/ (Benefit)
The Company recorded an income tax expense of RMB118.1 million (US$17.6 million) in the second quarter of 2022, compared with an income tax expense of RMB71.0 million in the first quarter of 2022 and an income tax benefit of RMB6.9 million in the second quarter of 2021. The sequential increase in income tax expense was mainly due to higher profit (excluding the impact of a loss from change in fair value of the Notes of RMB536.9 million in the second quarter of 2022, compared with a loss of RMB104.9 million in the first quarter of 2022) generated compared to the first quarter of 2022.
Non-Controlling Interests
Net income attributable to non-controlling interests amounted to RMB276.8 million (US$41.3 million) in the second quarter of 2022, compared with RMB75.3 million in the first quarter of 2022 and RMB100.7 million in the second quarter of 2021. The sequential increase was mainly attributable to the increase of net income of the Company's major subsidiary, Jinko Solar Co., Ltd ("Jiangxi Jinko"), and year-over-year increase was mainly attributable to the increase of non-controlling interests after Jiangxi Jinko completed its initial public offering ("IPO") and started trading on Shanghai Stock Exchange's Sci-Tech innovation board on January 26, 2022. After the IPO, the Company holds approximately 58.62% equity interest in Jiangxi Jinko. Ownership of non-controlling interests in Jiangxi Jinko increased from 26.72% to 41.38% due to the IPO.
Net Income/ (loss) and Earnings per Share
Excluding the impact from a change in fair value of the Notes and the share based compensations expenses ,the adjusted net income attributable to JinkoSolar Holding Co., Ltd's ordinary shareholders was RMB368.4 million (US$55.0 million), compared with RMB328.4 million in the first quarter of 2022 and RMB264.1 million in the second quarter of 2021.Net loss attributable to the Company's ordinary shareholders was RMB 623.3 million (US$93.1 million) in the second quarter of 2022, compared with net income attributable to the Company's ordinary shareholders of RMB28.9 million in the first quarter of 2022 and net income attributable to the Company's ordinary shareholders of RMB66.2 million in the second quarter of 2021.
Basic and diluted losses per ordinary share were RMB3.15 (US$0.47) and RMB3.15(US$0.47), respectively, during the second quarter of 2022, compared to basic and diluted earnings per ordinary share were RMB0.15 and RMB0.15, respectively, in the first quarter of 2022, and basic and diluted earnings per ordinary share were RMB0.35 and RMB0.35, respectively, in the second quarter of 2021. As each ADS represents four ordinary shares, this translates into basic and diluted losses per ADS of RMB 12.60(US$1.88) and RMB12.60(US$1.88), respectively in the second quarter of 2022; basic and diluted earnings per ADS were RMB0.60 and RMB0.60, respectively, in the first quarter of 2022; and basic and diluted earnings per ADS were RMB1.39 and RMB1.38, respectively, in the second quarter of 2021.
Financial Position
As of June 30, 2022, the Company had RMB14.39 billion (US$2.15 billion) in cash and cash equivalents and restricted cash, compared with RMB16.87 billion as of March 31, 2022.
As of June 30, 2022, the Company's accounts receivables due from third parties were RMB11.13 billion (US$1.66 billion), compared with RMB8.56 billion as of March 31, 2022.
As of June 30, 2022, the Company's inventories were RMB18.50 billion (US$2.76 billion), compared with RMB15.95 billion as of March 31, 2022.
As of June 30, 2022, the Company's total interest-bearing debts were RMB25.70 billion (US$3.84 billion), compared with RMB27.46 billion as of March 31, 2022.
Second Quarter 2022 Operational Highlights
Solar Module, Cell and Wafer Shipments
Total shipments were 10,532 MW in the second quarter of 2022, including 10,183 MW for solar module shipments and 349 MW for cell and wafer shipments.
Solar Products Production Capacity
As of June 30, 2022, the Company's annual production capacity for mono wafer, solar cell and solar module was 43.0 GW, 42.0 GW and 50.0 GW, respectively.
Operations and Business Outlook Highlights
With continuous investments in R&D and technological innovation, we expect to continuously improve the mass production efficiency of N-type cells and integrated cost of N-type products by the end of 2022.
With more N-type production capacity being released in 2023 and the penetration ratio of N-type products increasing across the industry, we expect the proportion of N-type shipments in our total shipments to further increase.
Third Quarter and Full Year 2022 Guidance
The Company's business outlook is based on management's current views and estimates with respect to market conditions, production capacity, the Company's order book and the global economic environment. This outlook is subject to uncertainty on final customer demand and sale schedules. Management's views and estimates are subject to change without notice.
For the third quarter of 2022, the Company expects its total shipments to be in the range of 9.0 GW to 10.0 GW.
For full year 2022, the Company estimates its total shipments (including solar modules, cells and wafers) to be in the range of 35.0 GW to 40.0 GW.
Solar Products Production Capacity
JinkoSolar expects its annual production capacity for mono wafer, solar cell and solar module to reach 60.0 GW, 55.0 GW and 65.0 GW, respectively, by the end of 2022.
Recent Business Developments
- In April 2022, JinkoSolar achieved a major technical breakthrough for its 182 mm high-efficiency N-type monocrystalline silicon solar cell, setting a new world record again with the maximum solar conversion efficiency of 25.7% for its large-size monocrystalline silicon TOPCon solar cell.
- In May 2022, JinkoSolar signed its first European Energy Storage Solution (ESS) Agreement with Memodo GmbH.
- In May 2022, JinkoSolar was recognized as a Top Performer in the 2022 PV Module Reliability Scorecard published by PV Evolution Labs (PVEL).
- In May 2022, JinkoSolar's principal operating subsidiary, Jiangxi Jinko signed a new distribution agreement in Latin America with Aldo Solar for the distribution of 600 MW N-type Tiger Neo Modules.
- In June 2022, JinkoSolar's Malaysia factory became its first overseas "RE100 factory" fully powered by renewables.
- In July 2022, JinkoSolar's board of directors approved a share repurchase program, which authorized the Company to repurchase up to US$200 million of its ordinary shares represented by ADSs during an 18-month period.
- In July 2022, JinkoSolar was recognized for "Overall High Achievement in Manufacturing" in the 2022 edition of the Renewable Energy Testing Center's PV Module Index Report.
- In July 2022, JinkoSolar's principal operating subsidiary, Jiangxi Jinko, intends to issue convertible bonds in the principal amount of up to RMB10 billion.
Conference Call Information
JinkoSolar's management will host an earnings conference call on Friday, August 26, 2022 at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing / Hong Kong the same day).
Dial-in details for the earnings conference call are as follows:
Hong Kong / International: +852 3027 6500
U.S. Toll Free: +1 855-824-5644
Passcode: 19267538#
Please dial in 10 minutes before the call is scheduled to begin and provide the passcode to join the call.
A telephone replay of the call will be available 2 hours after the conclusion of the conference call through 23:59 U.S. Eastern Time, September 2, 2022. The dial-in details for the replay are as follows:
International: +61 2 8325 2405
U.S.: +1 646 982 0473
Passcode: 520003860#
Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of JinkoSolar's website at http://www.jinkosolar.com.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 43.0 GW for mono wafers, 42.0 GW for solar cells, and 50.0 GW for solar modules, as of June 30, 2022.
JinkoSolar has 13 productions facilities globally, 21 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, UAE, and Denmark, and global sales teams in China, the United States, Canada, Germany, Switzerland, Italy, Japan, Australia, Korea, India, Turkey, Chile, Brazil, Mexico and Hong Kong, as of June 30, 2022.
To find out more, please see: www.jinkosolar.com
Currency Convenience Translation
The conversion of Renminbi into U.S. dollars in this release, made solely for the convenience of the readers, is based on the noon buying rate in the city of New York for cable transfers of Renminbi as certified for customs purposes by the Federal Reserve Bank of New York as of June 30, 2022, which was RMB6.6981 to US$1.00. No representation is intended to imply that the Renminbi amounts could have been, or could be, converted, realized, or settled into U.S. dollars at that rate or any other rate. The percentages stated in this press release are calculated based on Renminbi.
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "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, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends, "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
For investor and media inquiries, please contact:
In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com
Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com
In the U.S.:
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
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SOURCE JinkoSolar Holding Co., Ltd. | https://www.wibw.com/prnewswire/2022/08/26/jinkosolar-announces-second-quarter-2022-financial-results/ | 2022-08-26T12:22:33Z |
NEW YORK, June 2, 2022 /PRNewswire/ -- San Marzano DOP tomatoes are the best canned tomatoes in the world, and it's time to "start spreading the news!"
The King of Tomatoes, Pomodoro San Marzano dell'Agro Sarnese Nocerino DOP is heading to the Big Apple, and it couldn't be any more apropos! Did you know that the Italian word for tomato, "pomodoro", means "golden apple"?
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Details for the I 🖤 San Marzano DOP booth at the Specialty Food Association NYC Summer Fancy Food Show at the Javits Center, Manhattan.
Location: 655 West 34th Street, New York, NY 10014
Dates: June 12-14, 2022
Level 3, Booth #2516
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RECIPES: https://ilovesanmarzanodop.com/recipes/?lang=en
Want to know where to find Pomodoro San Marzano dell'Agro Sarnese-Nocerino DOP canned tomatoes? You'll discover them at quality grocery stores, specialty shops, Italian grocery markets, and online. (Be sure to look for the "DOP" and the two seals that guarantee their quality.)
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Enjoy. It's from Europe!
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SOURCE I Love San Marzano DOP | https://www.wibw.com/prnewswire/2022/06/02/i-san-marzano-dop-is-coming-big-apple-starring-new-york-summer-fancy-food-show/ | 2022-06-02T17:57:32Z |
ABILENE, Texas, July 21, 2022 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) today reported earnings of $60.49 million for the second quarter of 2022 compared to earnings of $56.38 million for the same quarter a year ago. Basic and diluted earnings per share were $0.42 for the second quarter of 2022 compared with $0.40 and $0.39, respectively, for the second quarter of 2021. Through July 20, 2022, the Company has repurchased 244,559 shares of its common stock at an average price of $38.61. Currently, the Company has 4.75 million shares remaining under the share repurchase authorization through July 31, 2023.
As further described below, the results this quarter compared to the same quarter a year ago included (i) an increase in the provision for credit losses of $6.56 million; (ii) a $4.93 million decrease in PPP loan origination fees; and (iii) a $2.56 million decrease in mortgage revenues. Offsetting these items were the following increases (i) in net interest income, excluding lower PPP loan origination fees, of $12.76 million from continued balance sheet growth; (ii) in gains on the sale of investment securities of $1.64 million; and (iii) in interest on loan recoveries of $945 thousand.
"We have been able to keep the momentum that was created from the movement of non-customers to our bank during the pandemic. Our results reflect outstanding growth this quarter reflected by overall loan growth, excluding PPP and held-for-sale loans, of $325.85 million, or 23.5 percent annualized, and deposit growth of $123.16 million, or 4.49 percent annualized, with the addition of over 6,500 net new accounts year-to-date," said F. Scott Dueser, Chairman, President and CEO of First Financial Bankshares, Inc. "We are excited about our results this quarter while actively monitoring changes in interest rates and the overall economic environment. We are prepared for the opportunities ahead as the Texas economy continues to be strong and resilient. We appreciate the continued support of our customers, shareholders and associates," Dueser added.
Net interest income for the second quarter of 2022 was $98.78 million compared to $90.95 million for the second quarter of 2021. The net interest margin, on a taxable equivalent basis, was 3.28 percent for the second quarter of 2022 compared to 3.22 percent for the first quarter of 2022 and 3.36 percent in the second quarter of 2021. The growth in net interest income was driven by higher average interest-earning assets which increased to $12.49 billion for the second quarter of 2022 compared to $11.30 billion a year ago, partially offset by lower PPP loan origination fees which totaled $313 thousand in the second quarter of 2022 compared to $5.24 million in the second quarter of 2021. PPP loan balances totaled $2.30 million at June 30, 2022.
The Company recorded a provision for credit losses of $5.35 million for the second quarter of 2022 compared to a reversal of provision for credit losses of $1.21 million for the second quarter of 2021. The increase in the Company's provision for credit losses during the second quarter of 2022 was primarily driven by strong organic loan growth and a slight decline in the projected economic forecast. At June 30, 2022, the allowance for credit losses totaled $71.93 million, or 1.22 percent of loans held-for-investment ("loans" hereafter), compared to $62.14 million at June 30, 2021, or 1.17 percent of loans. Additionally, the reserve for unfunded commitments totaled $8.72 million at June 30, 2022 compared to $6.75 million at June 30, 2021.
For the second quarter of 2022, net recoveries totaled $916 thousand compared to net recoveries of $203 thousand for the second quarter of 2021. Nonperforming assets as a percentage of loans and foreclosed assets totaled 0.43 percent at June 30, 2022, compared with 0.57 percent at June 30, 2021. Classified loans totaled $152.67 million at June 30, 2022, compared to $174.99 million at June 30, 2021.
Noninterest income for the second quarter of 2022 was $37.32 million compared to $34.67 million for the second quarter of 2021, representing a net increase of $2.64 million from the following:
- Trust fees increased $1.05 million to $9.74 million for the second quarter of 2022 compared to $8.69 million for the second quarter of 2021 driven mainly by the continued increase in oil and gas revenue.
- Service charges on deposits increased $1.11 million for the second quarter of 2022 compared to the second quarter of 2021 primarily due to the continued increase in net new accounts.
- ATM, interchange, and credit card fees increased $715 thousand for the second quarter of 2022 compared to the same quarter a year ago primary due to an increase in debit cards issued. Effective July 1, 2022, the Company became subject to regulations imposed by the Federal Reserve that will reduce future interchange revenue (aka. "Durbin Amendment").
- Mortgage income was $5.73 million for the second quarter of 2022 compared to $8.29 million for the second quarter of 2021 due to lower overall origination volumes and margins.
- Recoveries of interest on previously charged-off or nonaccrual loans totaled $1.65 million for the second quarter of 2022 compared to $704 thousand for the second quarter of 2021.
- Gains on sales of securities were $1.65 million during the second quarter of 2022 compared to $5 thousand for the second quarter of 2021.
Noninterest expense for the second quarter of 2022 totaled $58.33 million compared to $59.37 million for the second quarter of 2021, as a result of the following:
- Salary, commissions, and employee benefit costs totaled $33.15 million for the second quarter of 2022, compared to $35.05 million in the second quarter of 2021 reflecting annual merit-based and market driven pay increases effective March 1, 2022 offset by lower mortgage compensation expenses of $1.49 million and a decrease of $803 thousand in profit sharing expenses.
- Noninterest expenses, excluding salary related costs, increased $858 thousand for the second quarter of 2022 compared to the same period in 2021, primarily related to increases in FDIC insurance, deposit account charge-offs, interchange processing costs, and loan processing costs.
The Company's efficiency ratio improved to 41.83 percent for the second quarter of 2022 compared to 45.94 percent for the second quarter of 2021.
As of June 30, 2022, consolidated total assets were $13.26 billion compared to $12.33 billion at June 30, 2021. Loans totaled $5.88 billion at June 30, 2022, compared with loans of $5.30 billion at June 30, 2021. Loans, excluding PPP loans, grew $325.85 million for the second quarter of 2022 and $540.10 million for the first half of 2022. Deposits totaled $11.12 billion at June 30, 2022, compared to $9.78 billion at June 30, 2021.
Shareholders' equity was $1.33 billion as of June 30, 2022, compared to $1.49 billion and $1.72 billion at March 31, 2022, and June 30, 2021, respectively, as a result of changes in other comprehensive income ("OCI") due to increasing interest rates over the last two quarters. The unrealized loss on the available-for-sale investment securities portfolio, net of applicable tax, totaled $400.51 million at June 30, 2022, compared to an unrealized loss of $209.58 million at March 31, 2022 and an unrealized gain of $136.49 million at June 30, 2021.
About First Financial Bankshares, Inc.
Headquartered in Abilene, Texas, First Financial Bankshares, Inc. is a financial holding company that through its subsidiary, First Financial Bank, N.A., operates multiple banking regions with 78 locations in Texas, including Abilene, Acton, Albany, Aledo, Alvarado, Beaumont, Boyd, Bridgeport, Brock, Bryan, Burleson, College Station, Cisco, Cleburne, Clyde, Conroe, Cut and Shoot, Decatur, Eastland, El Campo, Fort Worth, Fulshear, Glen Rose, Granbury, Grapevine, Hereford, Huntsville, Keller, Kingwood, Magnolia, Mauriceville, Merkel, Midlothian, Mineral Wells, Montgomery, Moran, New Waverly, Newton, Odessa, Orange, Palacios, Port Arthur, Ranger, Rising Star, Roby, San Angelo, Southlake, Stephenville, Sweetwater, Tomball, Trent, Trophy Club, Vidor, Waxahachie, Weatherford, Willis, and Willow Park. The Company also operates First Financial Trust & Asset Management Company, N.A., with ten locations and First Technology Services, Inc., a technology operating company.
The Company is listed on The NASDAQ Global Select Market under the trading symbol FFIN. For more information about First Financial, please visit our website at https://www.ffin.com.
Certain statements contained herein may be considered "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These statements are based upon the belief of the Company's management, as well as assumptions made beyond information currently available to the Company's management, and may be, but not necessarily are, identified by such words as "expect," "plan," "anticipate," "target," "forecast," and "goal". Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from the Company's expectations include competition from other financial institutions and financial holding companies; the effects of and changes in trade, monetary and fiscal policies and laws, including interest rate policies of the Federal Reserve Board; economic impact of oil and gas prices and the pandemic, changes in the demand for loans; fluctuations in value of collateral and loan reserves; inflation, interest rate, market and monetary fluctuations; changes in consumer spending, borrowing and savings habits; and acquisitions and integration of acquired businesses, and similar variables. Other key risks are described in the Company's reports filed with the Securities and Exchange Commission, which may be obtained under "Investor Relations-Documents and Filings" on the Company's Website or by writing or calling the Company at 325.627.7155. Except as otherwise stated in this news announcement, the Company does not undertake any obligation to update publicly or revise any forward-looking statements because of new information, future events or otherwise.
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SOURCE First Financial Bankshares, Inc. | https://www.kxii.com/prnewswire/2022/07/21/first-financial-bankshares-announces-second-quarter-2022-earnings/ | 2022-07-21T20:28:16Z |
Junction City Animal Shelter to continue to help animals with $10K grant
JUNCTION CITY, Kan. (WIBW) - A $10,000 grant has been awarded to the Junction City Animal Shelter to continue to help homeless pets and educate about animal welfare.
On Tuesday, June 14, the Junction City Animal Shelter says to support its lifesaving work for animals in Geary Co., it was awarded a $10,000 grant from the national nonprofit Petco Love during a special celebration at the Manhattan Petco.
“Our investment in Junction City Animal Shelter is part of more than $15M in investments recently announced by Petco Love to power local organizations across the country as part of our commitment to create a future in which no pet is unnecessary euthanized,” said Susanne Kogut, president of Petco Love. “Our local investments are only part of our strategy to empower animal lovers to drive lifesaving change right alongside us. We recently celebrated the one-year launch anniversary of Petco Love Lost, a national lost and found database that uses pet facial recognition technology to simplify the search for lost pets.”
JCAS said it is a city-run organization and no-kill shelter which has been open since about 1970. It said the grant will go towards three programs, updates to buildings to better suit animals, education to grade school classes about animal welfare and to start a fund that residents can apply to for monetary assistance to help pets in need of medical supplies, as well as towards a pet pantry to help those in need.
“This investment from PetcoLove is something that our shelter is so grateful for,” shelter staff said. “We can continue to help those in need, whether it be pet owners or the homeless pets of Geary County- this investment is absolutely needed! We are ecstatic to continue to be supported by PetcoLove!”
The Animal Shelter noted that Petco Love is a national nonprofit which leads change for pets by bringing communities and pet families closer. Since it was founded in 1999, it said Petco Love has invested $330 million in adoption and other lifesaving efforts. It said the organization helps find loving homes for pets in partnership with Petco and more than 4,000 organizations throughout the nation, with 6.5 million pets adopted and counting.
For more information about the Junction City Animal Shelter, click HERE.
For more information about Petco Love, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/14/junction-city-animal-shelter-continue-help-animals-with-10k-grant/ | 2022-06-14T19:42:46Z |
She Also Did Not Die!
SAN ANTONIO, June 22, 2022 /PRNewswire/ -- Written while she was trying to recover from massive pulmonary emboli with near heart failure and home from work for four months, Jen Guidry was inspired by the dream of helping others that were going through their own horrendous storms. Through thought-provoking stories of defeating obstacles of her own, Jen helps her readers work through their own storms. This book has made its readers laugh, cry, have hope and understanding. It is not your typical Christian book. Written the way she thinks, the book is raw, real and vulnerably written.
She recently won the IBA (International Book Award) for her work. Jen Guidry's book, "The Storm" took the Top Honor for Religion: General Category and was also a Finalist under the Religion: Inspiration Category.
American Book Fest announced the winners and finalists of THE 2022 INTERNATIONAL BOOK AWARDS (IBA) on June 3, 2022. Over 400 winners and finalists were announced in over 90 categories. Awards were presented for titles published in 2020, 2021 and 2022.
Jeffrey Keen, President and CEO of American Book Fest, said this year's contest yielded thousands of entries from authors and publishers around the world, which were then narrowed down to the final results.
Past winners of an IBA include: Pope Francis, Damond John, Bob Odenkirk, Vanessa Williams, Brian Edwards, Peter Lik and Jon Land – to name a few.
Simon & Schuster, HarperCollins, Penguin Random House, Wiley, Hachette Books, McGraw-Hill, Taylor & Francis Group/Routledge, Zondervan, Forge, HCI Press, Hay House, Greenleaf Book Group Press, Skyhorse Publishing, She Writes Press, Ideapress Publishing and hundreds of national and international Independent Houses contribute to this year's competition.
Now back at work and fully recovered, Jen has dedicated her life to helping others through her writing and counsel. She is currently working on her second book.
While Jen Guidry did not ever intend to be an author, turns out she is one. She has endured many hardships and survived rape, cancer, abusive relationships and blood clotting disorders. Through it all, she had a smile on her face. Her advice actually comes from real experience. Her first book, "The Storm" has already "done its job" according to Jen. Her words have helped inspire others. She knows that she isn't done yet though.
Ranked as one of the 250 Mortgage Professionals in America and the Top Loan Officer in San Antonio, Jennifer has used her television and writing platform to inspire others to conquer their own storms.
CONTACT: Jen Guidry, +1 210-838-3310, jenguidry@gmc-inc.com
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SOURCE Jen Guidry | https://www.kxii.com/prnewswire/2022/06/22/written-while-she-thought-she-was-dying-local-san-antonio-powerhouse-businesswoman-writes-book-help-others-wins-international-book-award/ | 2022-06-22T17:22:47Z |
KATY, Texas, June 2, 2022 /PRNewswire/ -- Academy Sports and Outdoors, Inc. (the "Company" or "Academy") (Nasdaq: ASO) announced today that its Board of Directors declared a quarterly cash dividend with respect to the fiscal quarter ended April 30, 2022, of $0.075 per share of the Company's common stock. The dividend is payable on July 14, 2022, to stockholders of record as of the close of business on June 16, 2022.
About Academy Sports + Outdoors
Academy is a leading full-line sporting goods and outdoor recreation retailer in the United States. Originally founded in 1938 as a family business in Texas, Academy has grown to 260 stores across 16 states. Academy's mission is to provide "Fun for All", and Academy fulfills this mission with a localized merchandising strategy and value proposition that strongly connects with a broad range of consumers. Academy's product assortment focuses on key categories of outdoor, apparel, footwear and sports & recreation through both leading national brands and a portfolio of private label brands. For more information, visit academy.com.
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. These forward-looking statements are based on Academy's current expectations and are not guarantees of future performance. You can identify these forward-looking statements by the use of words such as "outlook," "guidance," "believes," "expects," "potential," "continues," "may," "will," "should," "could," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. The forward-looking statements include, among other things, statements regarding the payment of the dividend, including the timing and amount thereof, the Company's expectations regarding its future performance, and the Company's future financial condition to support future dividend growth and are subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. Actual results may differ materially from these expectations due to changes in global, regional, or local economic, business, competitive, market, regulatory and other factors, many of which are beyond Academy's control. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in Academy's filings with the U.S. Securities and Exchange Commission (the "SEC"), including the Company's Annual Report on Form 10-K, under the caption "Risk Factors," as may be updated from time to time in our periodic filings with the SEC. Any forward-looking statement in this press release speaks only as of the date of this release. Academy undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable securities laws.
Media inquiries:
Elise Hasbrook
Vice President Communications
281.253.8200
elise.hasbrook@academy.com
Investor inquiries:
Matt Hodges
Vice President Investor Relations
281.646.5362
matt.hodges@academy.com
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SOURCE Academy Sports + Outdoors | https://www.mysuncoast.com/prnewswire/2022/06/02/academy-sports-outdoors-announces-quarterly-cash-dividend/ | 2022-06-02T21:51:48Z |
WASHINGTON (AP) — The House committee investigating the Jan. 6 insurrection at the Capitol will go public with its findings in a prime-time hearing next week, the start of what lawmakers hope will be a high-profile airing of the causes and consequences of the domestic attack on the U.S. government.
Lawmakers plan to hold a series of hearings in June that they promise will lay out, step-by-step, how former President Donald Trump and his allies worked feverishly to overturn his loss in the 2020 presidential election, spreading lies about widespread voter fraud — widely debunked by judges and his own administration — that fueled a violent assault on the seat of democracy.
The six hearings, set to begin June 9 and expected to last until late June, will be the first time the committee discloses “previously unseen material” about what it has discovered in the course of a sprawling 10-month investigation that has touched nearly every aspect of the insurrection.
The committee, which has called Jan. 6 “one of the darkest days of our democracy,” was formed in the aftermath to “investigate the facts, circumstances, and causes relating to the domestic terrorist attack on the Capitol.”
Unlike any other congressional committee in recent times, the panel’s work has been both highly anticipated by Democrats and routinely criticized by Trump and the former president’s allies, including some Republicans in Congress, who complain it is partisan.
More than 1,000 people have been interviewed by the panel, and only brief snippets of that testimony have been revealed to the public, mostly through court filings. The hearings are expected to showcase a series of witnesses but the committee has not yet publicly released the names.
The investigation has focused on every aspect of the insurrection, including the efforts by Trump and his allies to cast doubt on the election and halt the certification of President Joe Biden’s victory; the financing and organizing of rallies in Washington that took place before the attack; security failures by Capitol Police and federal agencies; and the actions of the rioters themselves.
The hearings are expected to be exhaustive, but not the final word from the committee, which plans to released subsequent reports on its findings, including recommendations on legislative reforms, ahead of the midterm elections.
___
Associated Press writers Mary Clare Jalonick and Lisa Mascaro contributed to this report. | https://cw33.com/news/politics/ap-politics/jan-6-committee-sets-prime-time-hearing-date-for-findings/ | 2022-06-02T22:48:03Z |
BEIJING, Aug. 20, 2022 /PRNewswire/ -- "'Without the Communist Party, there would be no new China.' These lyrics succinctly capture the fundamental reason why China has achieved unprecedented progress in human history," Argentine Ambassador to China, Sabino Vaca Narvaja told the Global Times in an exclusive interview.
The Ambassador said one thing that impressed him the most in China was the moment when he heard the song "Without the Communist Party, There Would Be No New China" at Tiananmen Square one early morning at a ceremony marking the centenary of the founding of the CPC in 2021, because the lyrics also expressed his true feelings. Narvaja said he was impressed by China's admirable economic, technological, and social development particularly in relation to people's livelihoods over the last decade, especially in its efforts to reduce poverty and address the inequities brought about by development.
When speaking of the ambassador, many Chinese people are instantly curious about his Chinese name, Niu Wangdao. Why does an ambassador from Latin America have such a bookish Chinese name? How does his Chinese name Niu Wangdao express his feelings and thoughts about China?
Narvaja told the Global Times that before coming to China, he had noticed that many Chinese immigrants in Latin America gave themselves a Spanish name to facilitate communication with the locals, which he believed is a friendly move. Therefore, after coming to China as ambassador, he decided to take a Chinese name to express his goodwill to China. So, the name "Wangdao" occurred to him.
He revealed that he chose this name for two reasons. First, it was from the name of Chen Wangdao - the first person who translated The Communist Manifesto into Chinese. "I am very interested in how China integrates its own theories with Marxism, which is what you call the 'Sinicization of Marxism.'"
The Argentine diplomat recalled that Chen Wangdao played an important role and has historical significance in China and for the CPC. Chen and other young people at that time launched an ideological debate, thus creating the prelude to a major change in China.
Additionally, "dao" is also the abbreviation of "Taoism" in Chinese traditional culture. In Narvaja's view, "Wangdao" also has the meaning of "focusing on the road underfoot," which also coincides with his interest in exploring the developmental paths of various countries.
Narvaja was born in Cuba where he spent his childhood before returning to Argentina after finishing primary school.
"My experience in Cuba was my first approach to communism, and it also made me understand communism differently from many Westerners. So I always say, you have to experience it firsthand to really understand communism and socialist systems," he said.
His interest in communism, which was "ignited" by Cuba, further grew in the research and exploration of China, because in his opinion, China is one of the most successful socialist countries. After returning to Argentina, he studied a lot of courses related to China ranging from China's national conditions and economy to China's development model. He even studied China in graduate school.
"Long before I came to China as an ambassador, I had started researching this eastern country. I'm particularly interested in how the country has made such marvelous achievements in such a short period of time, especially since the CPC came to power in China." He told the Global Times that he has published many academic works on China's development, the latest of which is on the Belt and Road Initiative (BRI).
Narvaja became the Argentine Ambassador to China in April 2021. In just a little more than a year since his arrival, he has traveled to more than 20 provinces in China and said that he was "deeply impressed" by the diversity and rapid development of China, which has also helped him accumulate rich firsthand information for his exploration and research on China.
"I used to study the BRI, but now I have become a participant in promoting Argentina's participation in the BRI. It was very exciting for me because I could see my ideas slowly become reality," he said.
"Under the leadership of the CPC, China's economic and social development in the last decade has been admirable," the ambassador noted to the Global Times, when talking about his experience of visiting various places in China.
He stressed that China's development and change have been remarkable over the last decade under the leadership of Xi Jinping, especially in the field of science and technology. "China has been at the forefront of the world in electronic communications, 5G, and other fields. The aircraft carriers' development has made breakthroughs, and it has also made breakthroughs in the field of aviation." Among the series of changes in China, the diplomat particularly appreciated China's effort in poverty alleviation. "It is an extremely positive thing to lift hundreds of millions of people out of absolute poverty, which is not only of great significance to China, but also a major contribution to the world," he said.
In his view, this showed that China began to solve the problem of imbalanced development after a period of rapid development, through means such as making use of the development of the eastern coastal areas to drive the prosperity of the relatively underdeveloped western region of the country.
"I see the great determination of the Chinese government and President Xi to reduce inequality and address the imbalance of development. Development always brings about the gap between the rich and the poor, but China is working very hard to solve it. This is very meaningful work," he said.
Narvaja told the Global Times that he has had many memorable experiences during his time as an ambassador in China, but the most memorable was hearing the lyrics "Without the Communist Party, there would be no new China" in July 2021.
"I was in Tiananmen Square on July 1, 2021, while participating in a ceremony marking the centenary of the founding of the CPC. I remember that morning, there were chants of 'without the Communist Party, there would be no new China' all over the square. This song strongly grabbed my attention," the Argentine diplomat recalled.
"I especially like this line of lyrics, because it explains why China has made such unprecedented achievements in human history, and why China has changed from a feudal society to an advanced country."
These lyrics have since often echoed in Narvaja's mind. In February, Argentine President Alberto Fernandez was invited to visit China. After the meeting between President Xi and President Fernandez, Narvaja, who listened to the conversations between the two leaders on China's development and cooperation, once again thought of the lyrics "Without the Communist Party, there would be no new China."
"I have met President Xi a few times before, and I think he is a very kind, enthusiastic, and knowledgeable person. So I couldn't help but read the lyrics to him, 'Without the Communist Party, there would be no new China.' He smiled at me very happily. I was also very happy because I expressed my truest feelings," Narvaja recalled to the Global Times with a smile.
The ambassador stressed that it is a misconception that a particular development model can be used universally. He said that what development model a country should adopt is determined by that country's own history and its people.
"Demonizing communism is essentially reviving the misconceptions of the Cold War, which artificially divided the world into 'good' and 'bad.' It's downright wrong and it's sparking conflicts," said the ambassador. "For human beings, there is nothing better than diversity. We should respect the different political and organizational forms in different countries. Only in this way will the world be more diverse and people's minds become richer."
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SOURCE Global Times | https://www.mysuncoast.com/prnewswire/2022/08/20/without-communist-party-there-would-be-no-new-china-lyric-reveals-how-china-achieved-tremendous-achievement-argentine-ambassador-china/ | 2022-08-20T10:27:08Z |
CALGARY, AB, March 31, 2022 /PRNewswire/ - mCloud Technologies Corp. (NASDAQ: MCLD) (TSXV: MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions, today announced it will host a conference call to discuss the financial results for the year-end and fourth quarter of 2021 and its outlook on 2022 at 10:00am EDT on April 4, 2022.
The conference call will include prepared remarks from Russ McMeekin, Chief Executive Officer, and Chantal Schutz, Chief Financial Officer. After the prepared remarks, the Company will accept questions.
This date and time follows from the Company's release on March 30 it would add a discussion of its recent partnership with Carbon Royalty Corp and Middle East strategic financing alternatives to prepared remarks.
To access the conference call by telephone, dial 416-764-8659 or 1-888-664-6392 with the confirmation number 74107253. Please connect approximately 10 minutes prior to the beginning of the call to ensure participation. The conference call will be archived for replay by telephone until April 11, 2022 at midnight (ET). To access the archived conference call, dial 1-888-390-0541 and enter the reservation number 107253.
A live audio webcast of the conference call will be available at https://bit.ly/3NvJvZs. Please connect at least 15 minutes prior to the conference call to ensure adequate time for any software download that may be required to join the webcast. The webcast will be archived at the above website for one year.
About mCloud Technologies Corp.
mCloud is unlocking the untapped potential of energy intensive assets with AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud's AI-powered AssetCare™ platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.
With a worldwide presence and offices in San Francisco, Vancouver, Calgary, London, Perth, Singapore, and Beijing, the mCloud family includes an ecosystem of operating subsidiaries that deliver high-performance IoT, AI, 3D, and mobile capabilities to customers, all integrated into AssetCare. With over 100 blue-chip customers and more than 63,000 assets connected in thousands of locations worldwide, mCloud is changing the way energy assets are managed.
mCloud's common shares trade in the United States on the Nasdaq and in Canada on the TSX Venture Exchange under the symbol MCLD. mCloud's convertible debentures trade on the TSX Venture Exchange under the symbol MCLD.DB. For more information, visit www.mcloudcorp.com.
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SOURCE mCloud Technologies | https://www.mysuncoast.com/prnewswire/2022/03/31/mcloud-host-fourth-quarter-year-end-2021-financial-results-conference-call-1000am-edt-april-4-2022/ | 2022-04-01T02:09:01Z |
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Local Events | https://cw33.com/lifestyle/food-and-drink/ | 2022-04-29T18:23:00Z |
SHENZHEN, China, Aug. 15, 2022 /PRNewswire/ -- Global technology company vivo today announced the rollout of its Developer Preview Program based on Android 13 for its flagship vivo X80 and X80 Pro smartphones in select markets. Following the official release of Android 13, vivo is among the first smartphone brands to launch a preview version based on the latest Android, empowering developers to work on the compatibility of their apps and bring consumers an ultimate smartphone experience.
Seamless user experience with improved privacy control and personalization
The latest Android 13 brings a new user experience with improved security and privacy features and offers enhanced personalization.
These upgrades include introducing new runtime permission for sending non-exempt notifications from an app. Also, the set of requested permissions depends on the type(s) of media that your app needs to access. The new photo picker function is one more example of the enhanced level of control that users will enjoy, which allows users to select what photos or videos they grant access to, so they won't need to share the entire library with an app.
Additionally, Android 13's newly added Foreground Services (FGS) Task Manager shows a list of apps that are actively running foreground services, enabling users to easily stop foreground services from the notification drawer, regardless of the target SDK version. What's more, users can quickly change settings because Quick Settings is in the notification shade. Meanwhile, to improve the user experience further, Android 13 also brings changes to the Material You design language.
Bringing better experience to vivo consumers
vivo has been proactive in supporting developers to adapt and optimize their apps for the latest Android 13 and deliver the optimal user experience. Earlier this year, vivo was one of the first companies to launch its Android 13 Beta program, ensuring vivo developers have a head start and an early preview of the changes introduced in Android 13.
Starting from August 16, developers are invited to visit vivo's developer website at https://developer.vivo.com/ to download and test out the latest Android 13 on vivo X80 and X80 Pro.
Currently, the version is being rolled out in select markets in Southeast Asia, including Indonesia, Thailand, Malaysia, Vietnam, Singapore, the Philippines, and more.
About vivo
vivo is a technology company that creates great products based on a design-driven value, with smart devices and intelligent services as its core. The company aims to build a bridge between humans and the digital world. Through unique creativity, vivo provides users with an increasingly convenient mobile and digital life. Following the company's core values, which include Benfen*, user-orientation, design-driven value, continuous learning and team spirit, vivo has implemented a sustainable development strategy with the vision of developing into a healthier, more sustainable world-class corporation.
While bringing together and developing the best local talents to deliver excellence, vivo is supported by a network of R&D centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai and Xi'an, focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, imaging system and other up-and-coming technologies. vivo has also set up an intelligent manufacturing network (including those authorized by vivo), with an annual production capacity of nearly 200 million smartphones. As of now, vivo has branched out its sales network across more than 60 countries and regions, and is loved by more than 400 million users worldwide.
*"Benfen" is a term describing the attitude on doing the right things and doing things right – which is the ideal description of vivo's mission to create value for society.
Stay informed of latest vivo news at https://www.vivo.com/en/about-vivo/news
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SOURCE Vivo | https://www.mysuncoast.com/prnewswire/2022/08/16/vivo-releases-android-13-developer-preview-program-vivo-x80-x80-pro/ | 2022-08-16T02:43:13Z |
Reaffirms 2022 Guidance and Confidence in Long-Term Growth Prospects
Moving Forward Expeditiously with Strategic Alternatives Review Process
LAS VEGAS, May 9, 2022 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) today reported first quarter 2022 financial results.
In the first quarter of 2022, Southwest Gas delivered:
- Adjusted consolidated earnings of $1.74 per diluted share (and consolidated earnings of $1.58 per diluted share), compared to consolidated earnings of $2.03 per diluted share for the first quarter of 2021.
- Adjusted consolidated net income of $106.2 million (and consolidated net income of $96.2 million), compared to consolidated net income of $117.2 million for the first quarter of 2021.
- A $0.10 (4.2%) increase in the annualized dividend rate.
- Strategic Alternatives Process to review all strategic alternatives available to maximize value for Southwest Gas stockholders.
"Our first quarter results reflect the impacts of global inflationary headwinds across our portfolio, as well as typical seasonality and business volatility at our infrastructure services business," said Karen S. Haller, President and Chief Executive Officer. "Our businesses are fundamentally strong and poised for long-term value creation despite these short-term impacts. Today we are reaffirming our full-year 2022 guidance and believe we are positioned to deliver the results our stockholders expect."
Reaffirming Financial Guidance
Southwest Gas reaffirms its financial guidance as recently updated:
Natural Gas Distribution Segment Guidance and Outlook:
- ROE in 2023 and beyond of 8%+;
- Five-year utility rate base compound annual growth rate of 5% – 7% (2022 – 2026);
- 5-Year O&M/per customer CAGR of less than 1%;
- 2022 net income of $200 million to $210 million, which includes COLI earnings of $3 million to $5 million;
- 2022 capital expenditures of $650 million to $700 million, in support of customer growth, system improvements, and pipe replacement programs; and
- 5-Year capital expenditures of $2.5 – $3.5 billion.
Centuri / Utility Infrastructure Services Segment Guidance and Outlook:
- 2022 revenues of $2.65 billion to $2.80 billion;
- 2022 run rate EBITDA margin of 11% to 12% (excluding non-recurring costs of the potential separation); and
- 2022 – 2026 Adjusted EBITDA CAGR of 9% – 11%.
MountainWest Guidance and Outlook:
- 2022 revenue of $240 million to $245 million;
- 2022 run rate EBITDA margin of 68% to 72% (excluding non-recurring and overlapping integration costs);
- Earnings accretion in 2022 on a run rate basis exclusive of non-recurring integration costs; and
- The Company is now targeting approximately $100 million in incremental growth investment opportunities at MountainWest over the next three years. The Company further expects to construct these projects at an EBITDA build multiple of less than 6x, driving meaningful value creation for stockholders.
Business Segment Highlights
Natural Gas Distribution
The natural gas distribution segment delivered net income of $111.8 million in the first quarter of 2022, compared to net income of $118.7 million in the first quarter of 2021. Coming off a record-setting first quarter in 2021, the natural gas distribution segment will benefit from new rates in Nevada in the second quarter of 2022 and anticipated rate relief in Arizona in early 2023.
Key operational highlights include:
- Finalized Nevada general rate case resulting in a continuation of the decoupling mechanism and rate relief effective April 2022, underscoring constructive relationship with the regulator;
- 38,000 new utility customers added during the past 12 months;
- Increased operating margin by $14 million compared to the first quarter in 2021;
- $141 million capital investment during the quarter; and
- $600 million of 4.05% 10-year debt financing completed in March.
Key drivers of the first quarter performance in 2022 as compared to first quarter performance in 2021 include:
- COLI results declined $4.7 million compared to the first quarter of 2021;
- O&M expense increased by $13.5 million compared to the first quarter of 2021 due to increased costs associated with customer support systems, employee benefits, insurance and other inflationary impacts;
- Increased depreciation expense of $3.4 million and increased interest expense of $4.4 million compared to the first quarter of 2021;
- Timing associated with rate relief:
Centuri / Utility Infrastructure Services
The utility infrastructure services segment had a net loss of $23.5 million in the first quarter of 2022, compared to a net loss of $0.9 million in the first quarter 2021. Infrastructure services results are typically seasonally lower in the first quarter. The first quarter 2021 results included $4.5 million of net income attributable to favorable timing in respect of a change order and selected larger gas projects. Centuri's performance was impacted by the inflationary cost environment and acquisition-related costs, as well as inclement weather in the upper Midwest and Eastern United States that delayed the start of certain large gas utility projects.
Key operational highlights include:
- Record revenues of $524 million, an increase of 44% compared to the first quarter of 2021 (13% organic business growth);
- $125+ million contracted off-shore wind support work to begin in second half of 2022; significant pending awards for multi-year performance;
- Cross-selling award of new 5G datacom work in the Southeast U.S. and new MSA contract for 5G datacom work in the Northeast U.S; and
- On track to meet full-year 2022 guidance.
Key drivers of Centuri's first quarter performance in 2022 as compared to first quarter performance in 2021 include:
- Higher fuel, equipment rental, and subcontractor costs;
- Higher interest and amortization expense; and
- Inclement weather in upper Midwest and Eastern U.S.
MountainWest
MountainWest reported $16.9 million of net income. MountainWest's results were impacted by $9 million of pre-tax, non-recurring expenses, primarily associated with one-time integration costs and payment of employee benefit costs associated with purchase and sale agreement obligations. After accounting for these non-recurring expenses, MountainWest results were in line with Company expectations. In addition, the Company has identified approximately $100 million of incremental growth investment opportunities over the next three years at MountainWest, which will provide future income growth.
Key operational highlights include:
- Finalized acquisition and related transaction equity financing;
- $67 million in recognized revenue; and
- Contributed $16.9 million to consolidated net income and $23.5 million on an adjusted basis.
Strategic Alternatives Review Process Update
The Southwest Gas Board is moving forward expeditiously with the previously-announced strategic alternatives review process in order to maximize value for all stockholders. Strategic alternatives under consideration include a sale of the Company or its underlying businesses, as well as a spin-off of Centuri, which the Board announced previously. The Board formed a Strategic Transactions Committee (the "Committee"), comprising independent directors with deep regulatory and M&A expertise and experience to lead the process: Anne Mariucci, Carlos Ruisanchez and Jane Lewis-Raymond. Andrew Evans, Russell Frisby, Jr. and Henry Linginfelter will join the Committee following the 2022 Annual Meeting of Stockholders.
The Committee has engaged an independent financial advisor, Moelis & Company LLC, to work with the Company's lead financial advisor, Lazard.
Conference Call and Webcast
Southwest Gas will host a conference call on Monday, May 9, 2022 at 6:00 p.m. ET to discuss its first quarter 2022 results. The associated press releases and presentation slides are available at https://investors.swgasholdings.com/investor-overview.
The call will be webcast live on the Company's website at www.swgasholdings.com. The telephone dial-in numbers in the U.S. and Canada are toll free: (866) 342-8588 or international: (203) 518-9865. The conference ID is 44121. The webcast will be archived on the Southwest Gas website.
Southwest Gas Holdings currently has three business segments:
Southwest Gas Corporation provides safe and reliable natural gas service to over 2 million customers in Arizona, Nevada, and California.
MountainWest operates over 2,000 miles of highly contracted, FERC-regulated interstate natural gas pipeline providing transportation and underground storage services in the Rocky Mountain region.
Centuri Group, Inc. is a strategic infrastructure services company that partners with regulated utilities to build and maintain the energy network that powers millions of homes and businesses across the United States and Canada.
Forward-Looking Statements: This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include, without limitation, statements regarding Southwest Gas Holdings, Inc. (the "Company") and the Company's expectations or intentions regarding the future. These forward-looking statements can often be identified by the use of words such as "will", "predict", "continue", "forecast", "expect", "believe", "anticipate", "outlook", "could", "target", "project", "intend", "plan", "seek", "estimate", "should", "may" and "assume", as well as variations of such words and similar expressions referring to the future, and include (without limitation) statements regarding expectations of continuing growth in 2022. In addition, the statements under the heading "Outlook for 2022" that are not historic, constitute forward-looking statements. A number of important factors affecting the business and financial results of the Company could cause actual results to differ materially from those stated in the forward-looking statements. These factors include, but are not limited to, the results of the strategic review being undertaken by the strategic transactions committee of the Company's board of directors, the timing and amount of rate relief, changes in rate design, customer growth rates, the effects of regulation/deregulation, tax reform and related regulatory decisions, the impacts of construction activity at Centuri, whether we will separate Centuri and the impact to our results of operations and financial position from a separation, the potential for, and the impact of, a credit rating downgrade, the costs to integrate MountainWest, future earnings trends, inflation, sufficiency of labor markets and similar resources, seasonal patterns, the cost and management attention of ongoing litigation that the Company is currently engaged in, the costs and effect of stockholder activism, and the impacts of stock market volatility. In addition, the Company can provide no assurance that its discussions about future operating margin, operating income, COLI earnings, interest expense, and capital expenditures of the natural gas distribution segment will occur. Likewise, the Company can provide no assurance that discussions regarding utility infrastructure services segment revenues, EBITDA as a percentage of revenue, and interest expense will transpire, nor assurance regarding acquisitions or their impacts, including management's plans or expectations related thereto, including with regard to Riggs Distler or MountainWest. Factors that could cause actual results to differ also include (without limitation) those discussed under the heading "Risk Factors" in Southwest Gas Holdings, Inc.'s most recent Annual Report on Form 10-K and in the Company's and Southwest Gas Corporation's current and periodic reports, including our Quarterly Reports on Form 10-Q, filed from time to time with the SEC. The statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on its Web site or otherwise. The Company does not assume any obligation to update the forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise.
Non-GAAP Measures. This earnings release contains financial measures that have not been calculated in accordance with accounting principles generally accepted in the U.S. ("GAAP"). These non-GAAP measures include (i) adjusted consolidated earnings per diluted share, (ii) adjusted consolidated net income, and (iii) MountainWest adjusted consolidated net income. Management uses these non-GAAP measures internally to evaluate performance and in making financial and operational decisions. Management believes that its presentation of these measures provides investors greater transparency with respect to its results of operations and that these measures are useful for a period-to-period comparison of results. Management also believes that providing these non-GAAP financial measures helps investors evaluate the Company's operating performance, profitability, and business trends in a way that is consistent with how management evaluates such performance. Adjusted consolidated net income for the three months ended March 31, 2022 includes adjustments to add back expenses related to the MountainWest acquisition and expenses related to the ongoing proxy contest and related stockholder litigation. Management believes that it is appropriate to adjust for expenses related to the MountainWest acquisition because they are one-time expenses that will not recur in future periods. Management believes it is appropriate to adjust for expenses related to the proxy contest and related stockholder litigation because of these matters are unique and outside of the ordinary course of business for the Company. In addition, utility infrastructure adjusted net income and adjusted consolidated net income include adjustments associated with acquisition-related costs and partial-year net loss related to the Riggs Distler acquisition.
Management also uses the non-GAAP measure of operating margin related to its natural gas distribution operations. Southwest recognizes operating revenues from the distribution and transportation of natural gas (and related services) to customers. Gas cost is a tracked cost, which is passed through to customers without markup under purchased gas adjustment ("PGA") mechanisms, impacting revenues and net cost of gas sold on a dollar-for-dollar basis, thereby having no impact on Southwest's profitability. Therefore, management routinely uses operating margin, defined by management as gas operating revenues less the net cost of gas sold, in its analysis of Southwest's financial performance. Operating margin also forms a basis for Southwest's various regulatory decoupling mechanisms. Management believes supplying information regarding operating margin provides investors and other interested parties with useful and relevant information to analyze Southwest's financial performance in a rate-regulated environment. (The included Southwest Gas Holdings, Inc. Consolidated Earnings Digest provides reconciliations for these non-GAAP measures.)
We do not provide a reconciliation of forward-looking Non-GAAP Measures to the corresponding forward-looking GAAP measure due to our inability to project special charges and certain expenses.
Contacts
For investor information, contact: Boyd Nelson, (702) 876-7237, boyd.nelson@swgas.com; or Innisfree M&A Incorporated, Scott Winter/Jennifer Shotwell/Jon Salzberger, (212) 750-5833.
For media information, contact: Sean Corbett, (702) 876-7219, sean.corbett@swgas.com; or Joele Frank, Wilkinson Brimmer Katcher, Dan Katcher / Tim Lynch, (212) 355-4449.
Reconciliation of non-GAAP financial measures of Adjusted net income (loss) and Adjusted diluted earnings per share and their comparable GAAP measures of Net income (loss) and Diluted earnings (loss) per share. Note that the comparable GAAP measures are also included in Note 7 - Segment Information in the Company's March 31, 2022 Form 10-Q. Prior periods are not presented below as comparable non-GAAP adjustments were not applicable in comparable periods of the prior year.
Amounts in thousands, except per share amounts
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SOURCE Southwest Gas Holdings, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/09/southwest-gas-holdings-inc-announces-first-quarter-2022-financial-results/ | 2022-05-09T22:43:44Z |
Services for Deborah Ann Gagne, 66, of Temple are pending with Young’s Daughters Funeral Home and Bereavement Center in Temple.
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ANN ARBOR, Mich., July 19, 2022 /PRNewswire/ -- The University of Michigan Credit Union, UMCU, welcomes Donna Doleman Dickerson, MBA, CDP, to its executive C-suite team as its new Vice President of Brand and Community Development. In this role, Dickerson will lead marketing, communications, financial education, community development, and innovative product design to meet the needs of its members, businesses, universities, and communities that UMCU serves.
As a collaborative leader with expertise in building and growing brands through a customer-centric lens, Dickerson brings over 20 years of marketing expertise to UMCU. Most recently, as the first Chief Marketing Officer at GreenPath Financial Wellness, Dickerson developed and implemented scalable business growth strategies and people-centered activations, broadening its reach and creative transformative impact.
Dickerson also built and led successful marketing teams at Ann Arbor SPARK, Pfizer, and Detroit Medical Center, as well as consulted with many tech-based startups in Michigan during her time with the Small Business Technology Development Centers.
Dickerson earned her Bachelor of Science in Health Care Administration from Florida A&M University and her Master of Business Administration from the University at Buffalo School of Management at the State University of New York. Dickerson is also a Certified Diversity Professional, CDP.
"I am honored to join the UMCU executive team under Tiffany Ford's leadership. This is truly a dedicated team and group of leaders who share a passion for the people-helping-people mission. It is clear that the team embodies UMCU's values daily as a member-focused financial institution, reinforcing its purpose of creating a stellar member experience. I will build on the foundation of UMCU's brand to offer our members exceptional services and innovative products that help them achieve their personal financial goals," Dickerson stated.
UMCU's President and CEO, Tiffany Ford, emphasized, "Donna brings decades of marketing experience and leadership to UMCU as our new Vice President. Donna's collaborative leadership style, along with her member experience-based marketing philosophy, is going to have a positive impact on our membership, the UMCU team, and the communities that we serve. Donna's contribution to UMCU and the Credit Union industry will be significant."
About the University of Michigan Credit Union
UMCU is the only credit union headquartered in Ann Arbor, Michigan. UMCU has more than 115,000 members, $1.3 billion in assets, and employs nearly 200 team members. UMCU has 17 branch locations located in three Metro Detroit counties, serving the financial needs of members throughout the state.
UMCU is recognized as a valued employer and community partner, named a Top Workplace by the Detroit Free Press, a National Best and Brightest Company to Work For®, and one of America's Best Credit Unions in Each State by Forbes. In 2021, UMCU received the Arts + Business Partnership Award from the Americans for the Arts. For more information, visit UMCU.org or follow UMCU on Facebook, LinkedIn, Twitter, and Instagram.
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SOURCE University of Michigan Credit Union | https://www.kxii.com/prnewswire/2022/07/19/umcu-names-marketing-executive-c-suite-leadership-team-expand-reach-further-its-commitment-enhancing-brand-member-experience/ | 2022-07-19T13:48:00Z |
NEW YORK, June 27, 2022 /PRNewswire/ -- Attention Energy Transfer LP ("Energy Transfer") (NYSE: ET) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of persons who purchased or otherwise acquired common shares of Energy Transfer stock between April 13, 2017 and December 20, 2021, both dates inclusive.
If you suffered a loss on your investment in Energy Transfer, 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 Energy Transfer includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (a) Energy Transfer had inadequate internal controls and procedures to prevent contractors from engaging in illegal conduct with regards to drilling activities, and/or failed to properly mitigate known issues related to such controls and procedures; (b) Energy Transfer, through its subsidiary Rover Pipeline, LLC, hired a third-party contractor to conduct Horizontal Directional Drilling Activities for the Rover Pipeline Project, whose conduct of adding illegal additives in the drilling mud caused severe pollution near the Tuscarawas River when a large inadvertent release took place on April 13, 2017; (c) Energy Transfer continually downplayed its potential civil liabilities when the Federal Energy Regulatory Commission ("FERC") was actively investigating the Energy Transfer's wrongdoing related to the April 13 release and consistently provided it with updated information about FERC's findings on this matter.
Aggrieved Energy Transfer investors only have until August 2, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.kxii.com/prnewswire/2022/06/27/class-action-alert-law-offices-vincent-wong-remind-energy-transfer-investors-lead-plaintiff-deadline-august-2-2022/ | 2022-06-27T20:42:02Z |
BENTON, Ky., July 12, 2022 /PRNewswire/ -- In its 37th year of honoring the nation's most elite high school athletes, Gatorade today announced Cade Flatt of Marshall County High School in Benton, Ky. is the 2021-22 Gatorade National Boys Track and Field Player of the Year. Flatt won the prestigious award for his accomplishments on and off the field, joining an impressive group of former Gatorade National Boys Track and Field Players of the Year who have combined for 19 gold medals and 14 National Championships.
Flatt was surprised with the trophy by his family, coaches and teammates at school. Check out a video of the announcement here.
The award, which recognizes not only outstanding athletic excellence, but also high standards of academic achievement and exemplary character demonstrated on and off the field, distinguishes Flatt as the nation's best high school boys track and field player. The Gatorade Player of the Year Selection Committee, which leverages experts including coaches, scouts, media and others to evaluate candidates, selected Flatt from more than half a million other student-athletes who compete in boys track and field nationwide.
Competition for the national award was fierce. Flatt topped the list of state winners in boys track and field who collectively boast an incredible list of accomplishments, including 25 who have volunteered with 2+ organizations, 8 returning state Gatorade Players of the Year in either Boys Cross Country or Boys Track & Field and 29 with a GPA of 3.75 and above.
"Competing at the most demanding event in the sport, Cade Flatt embodied pure mastery at the 800-meter distance (in 2022)," said Rich Gonzalez of PrepCalTrack. "Unbeaten both indoors and outdoors against scholastic competition, he recorded the No. 3 time in prep history to win a title at New Balance Nationals Outdoor and solidified his unprecedented outdoor ledger. While chasing one of the oldest records in the books, amazingly, Cade notched the No. 2, 3, 4, 6 and 7 outdoor times in history to rule a single track prep event like no other high schooler in history—he was absolutely masterful."
The 6-foot-1, 160-pound senior set a state record in winning the national championship in the 800-meter run at the New Balance Nationals Outdoor this past season. Flatt's clocking of 1:46.48 was 0.03 seconds shy of the national high-school record that has stood since 1996 and it ranks No. 2 all-time. He also owns the all-time No. 3, 4, 6 and 7 outdoor 800 performances by a high-schooler, an unequaled level of single-event Top-10 dominance in prep track history. Flatt produced five of this century's top six 800 times this spring and ran a 1:46.53 in a qualifying round for the 800 at the elite, all-ages USATF Outdoor Championships, finishing ninth overall and missing the final by one slot. Flatt won the 400-meter dash and the 800 at the Class AAA state meet, leading the Marshals to a third-place finish as a team. His best 400 time of 46.89 seconds ranked No. 25 nationally among prep competitors in 2022 at the time of his selection.
A member of the Marshall County High Gifted and Talented program, Flatt has volunteered as part of multiple community service initiatives through his school's Leadership Class, including elementary-school tutoring and literacy-outreach programs. He is also a four-year member of the Marshall County Pep Club.
Flatt has maintained a weighted 4.13 GPA in the classroom. He has signed a National Letter of Intent to compete on an athletic scholarship at the University of Mississippi this fall.
"Gatorade understands how sports translate into lifelong skills, which is why we continue to recognize and celebrate student-athletes who are incredible role models for future generations," said Gatorade Chief Marketing Officer Kalen Thornton. "Cade Flatt is an undisputed leader on the field of play and a role model in his community, which is why he earned the Gatorade National Boys Track and Field Player of the Year award."
Each year, a selection committee evaluates the nation's top talent to choose one state winner from each of the 50 states as well as Washington D.C., in 12 different sports: football, girls volleyball, boys and girls cross country, boys and girls basketball, baseball, softball, boys and girls soccer, and boys and girls track & field. In all, 608 athletes are honored each year. From the pool of state winners, one national winner is selected in each of the 12 sports.
Gatorade has a long-standing history of serving athlete communities and understands how sports instill valuable lifelong skills on and off the field. Since the program's inception in 1985, Gatorade Player of the Year award recipients have won hundreds of professional and college championships, and many have also turned into pillars in their communities, becoming coaches, business owners and educators. Previous winners include a distinguished list of athletes, such as Peyton Manning, Abby Wambach, Jayson Tatum, Elena Delle Donne and many other sports icons.
To learn more about the Gatorade Player of the Year program, check out past winners or to nominate student-athletes, visit playeroftheyear.gatorade.com or follow us on social media on Facebook at facebook.com/GatoradePOY, Instagram at instagram.com/Gatorade and Twitter at twitter.com/Gatorade.
The Gatorade Company, a division of PepsiCo (NASDAQ: PEP), meets the needs of consumers who participate in sports and fitness, through brands that include Gatorade, Propel, Muscle Milk, and Evolve. The solutions they provide are driven by a deep understanding of the unique occasions and needs across athletic activity. Gatorade, their marquee brand, is underpinned by a 56-year history of studying the best athletes in the world, and sports nutrition research by the Gatorade Sport Science Institute, allowing it to provide scientifically formulated products that meet athletes' needs both on and off the field. For more information and a full list of products, please visit www.gatorade.com.
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $79 billion in net revenue in 2021, driven by a complementary beverage and convenient foods portfolio that includes Lay's, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). pep+ is our strategic end-to-end transformation that puts sustainability at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com.
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SOURCE The Gatorade Company | https://www.mysuncoast.com/prnewswire/2022/07/12/cade-flatt-named-2021-22-gatorade-national-boys-track-field-player-year/ | 2022-07-12T22:05:16Z |
KU commencement ceremony delayed Sunday due to severe weather threat
Published: May. 14, 2022 at 7:26 PM CDT|Updated: 20 minutes ago
LAWRENCE, Kan. (WIBW) - The University of Kansas is delaying its commencement ceremony on Sunday due to the threat of severe weather.
The graduation ceremony was originally scheduled for 10:30 a.m., but has now been pushed back to 2:30 p.m.
The university said they made the change “due to projected severe weather Sunday morning.”
KU invites graduates to gather on Memorial Drive for their procession down the Hill prior to the start time.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/15/ku-commencement-ceremony-delayed-sunday-due-severe-weather-threat/ | 2022-05-15T00:48:31Z |
Celebrating ambitious pioneers tackling our biggest challenges
STONY BROOK, N.Y., May 17, 2022 /PRNewswire/ -- Ernst & Young LLP (EY US) announced that Eugene Sayan, CEO and founder of Softheon, was named an Entrepreneur Of The Year® 2022 New York Award finalist. Entrepreneur Of The Year is one of the preeminent competitive business awards for entrepreneurs and leaders of high-growth companies who think big to succeed.
Sayan was selected by a panel of independent judges according to the following criteria – entrepreneurial spirit, purpose, growth, and impact – among other core contributions and attributes.
"I'm honored to be a 2022 Entrepreneur of the Year Award finalist, which would not be possible without the work of the entire Softheon team," said Eugene Sayan, CEO and founder of Softheon. "At Softheon, we aim to solve some of the most complex challenges in the industry, shaping a healthier future for all. I'm so proud of our team and the company we've built, and I look forward to our continued momentum and growth."
Softheon is a leading cloud-based health insurance exchange and service provider. Its innovative Software-as-a-Service (SaaS) and Business Process-as-a-Service (BPaaS) cloud solutions simplify operations and services for health plans and government health agencies. Sayan led Softheon through six iterations to arrive where it is today, currently serving 8 state agencies and over 90 health plans. Since the Affordable Care Act's enactment, Softheon has completed over 20 million enrollments and processed more than $25 billion in premium payments.
Regional award winners will be announced on June 22, 2022. The regional winners will then be considered by the National independent judging panel, and National awards will be presented in November at the Strategic Growth Forum®, one of the nation's most prestigious gatherings of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2023.
For over 35 years, EY US has celebrated the unstoppable entrepreneurs who are building a more equitable, sustainable, and prosperous world for all. The Entrepreneur Of The Year program has recognized more than 10,000 US executives since its inception in 1986. Entrepreneur Of The Year Award winners have exclusive, ongoing access to the experience, insight and wisdom of fellow alumni and other members of the entrepreneurial community in over 60 countries — all supported by vast EY resources.
Details about EY's NY Entrepreneur of the Year and the list of 2022 finalists are available at https://www.ey.com/en_us/news/2022/05/ey-announces-eoy-2022-new-york-finalists.
To learn more about Softheon, please visit https://www.softheon.com/.
Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are presented by PNC Bank. In New York, sponsors also include Donnelley Financial Solutions (DFIN), Marsh, ADP, DLA Piper, Empire Valuation Consultants, and Morgan Lewis.
About Entrepreneur Of The Year®
Entrepreneur Of The Year is the world's most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind.
It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. National overall winners go on to compete for the EY World Entrepreneur Of The Year™ title. ey.com/us/eoy
About EY Private
As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. Visit ey.com/us/private
About EY
EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited operating in the US.
About Softheon
Founded in 2000, Softheon's Software-as-a-Service (SaaS) and Business Process-as-a-Service (BPaaS) solutions solve complex challenges for health plans and government health agencies. Currently, Softheon's solutions serve 8 State agencies and over 90 health plans. Issuers and consumers utilizing Medicaid, Medicare, and the ACA Marketplace benefit from Softheon's innovative technology that reduces administrative overhead and enhances user-experiences. Softheon is an Agent, Broker, and Merchant of Record that facilitates health insurance enrollment, administration, and renewal.
Media Contact:
RH Strategic for Softheon
SoftheonPR@RHStrategic.com
(206) 264-1703
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SOURCE Softheon | https://www.mysuncoast.com/prnewswire/2022/05/17/ey-announces-softheons-eugene-sayan-an-entrepreneur-year-2022-new-york-award-finalist/ | 2022-05-17T14:38:41Z |
COLUMBUS, Ohio, June 7, 2022 /PRNewswire/ -- American Electric Power (Nasdaq: AEP) was included in Forbes magazine's 2022 America's Best Employers For New Grads list.
The list was created based on an independent survey administrated to over 20,000 young professionals who have less than 10 years' experience working for companies with at least 1,000 people employed in their U.S. operations. Employees were asked to rank the likelihood that they would recommend their employer to others and evaluate other employers in their respective industries. Survey participants also assessed their employers on other work-related topics, such as working conditions, salary, potential for advancement and effectiveness of diversity and inclusion efforts.
"AEP prides itself on a workplace culture that supports and invests in talented young team members as we work to deliver low-cost, clean and reliable energy to customers," said Nicholas K. Akins, AEP chairman, president and chief executive officer. "We're honored our newly graduated colleagues recommend that others join the AEP family, and we'll continue to foster an inclusive, inviting and engaging environment that attracts and retains top talent."
Learn more about AEP's strategy to build the workforce of the future.
American Electric Power, based in Columbus, Ohio, is powering a cleaner, brighter energy future for its customers and communities. AEP's approximately 16,700 employees operate and maintain the nation's largest electricity transmission system and more than 224,000 miles of distribution lines to safely deliver reliable and affordable power to 5.5 million regulated customers in 11 states. AEP also is one of the nation's largest electricity producers with approximately 31,000 megawatts of diverse generating capacity, including more than 7,100 megawatts of renewable energy. The company's plans include growing its renewable generation portfolio to approximately 50% of total capacity by 2030. AEP is on track to reach an 80% reduction in carbon dioxide emissions from 2000 levels by 2030 and has committed to achieving net zero by 2050. AEP is recognized consistently for its focus on sustainability, community engagement, and diversity, equity and inclusion. AEP's family of companies includes utilities AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana, east Texas and the Texas Panhandle). AEP also owns AEP Energy, which provides innovative competitive energy solutions nationwide. For more information, visit aep.com.
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SOURCE American Electric Power | https://www.wibw.com/prnewswire/2022/06/07/aep-recognized-one-americas-best-employers-new-graduates/ | 2022-06-07T17:09:50Z |
Former Slack director joins Veriff's executive team to scale global commercial legal efforts
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- Veriff, a global identity verification provider, today announced that Tony Gatterman is Veriff's new Head of Commercial Legal. Gatterman will support Veriff's sales and partnership organizations, enhance the company's contracting process for global customers, and help scale Veriff's procurement arm.
Gatterman brings more than a decade of legal experience to his new role at Veriff. He joins Veriff from Calm, where he held the role of senior director of commercial legal. Prior to Calm, Gatterman spent five years at Slack in increasingly senior roles. As the second attorney hired at Slack, and the first commercial attorney, he scaled the commercial legal team to support the growth of the business from $30M to more than $900M (2021). Gatterman also spent more than four years at Salesforce supporting the commercial negotiations for salesforce.com's early stage and emerging businesses.
"As Veriff continues to expand globally, we want to ensure every aspect of our business effectively scales with it and is equipped to support the business and customers' needs, especially our commercial legal capabilities," said Kaarel Kotkas, founder and CEO of Veriff. "Tony has an amazing track record of helping tech companies successfully navigate the increasingly complex compliance environment and scale their legal functions. He will play a critical role in helping us achieve our mission of re-establishing trust online, and we're honored to have him join our team."
Committed to helping businesses of all sizes quickly and accurately verify customer identities and fight fraud online, Veriff has grown to a 550-person company that serves a global client base. The identity verification market continues to develop at a rapid pace as more companies and consumers recognize the need to instill trust and security in their online interactions. Gatterman's appointment to head of commercial legal will support the company as it continues to scale to the position of unquestioned market leader in identity verification.
"Throughout my career, I have aimed to work at organizations that add value to society, and Veriff's mission of building trust in a digital world reflects that and resonates with my values," said Gatterman. "I'm joining the company at an exciting time. Veriff is in an advantageous position to address current and future identity verification market challenges. We are a nimble organization that listens to customers and monitors the regulatory landscape, all to ensure that it is constantly evaluating and improving service offerings and delivering the best version of our product to customers worldwide. I'm thrilled to have the unique opportunity to join the Veriff team."
Gatterman has his Juris Doctor and Master of Science degrees in Negotiation and Dispute Resolution from Creighton University, and his Bachelor's Degree from Kansas State University.
About Veriff
Veriff is an industry leader in online identity verification, helping businesses to build trust with their customers. Veriff's intelligent decision engine analyzes thousands of technological and behavioral variables in seconds, matching people to more than 10,200 government-issued IDs from over 190 countries. Founded in 2015, Veriff serves a global portfolio of organizations across financial services, crypto, gaming and mobility sectors. Veriff's latest $100 million C-round investment brings its total funding to $200 million and its valuation to $1.5 billion. The investors include Tiger Capital, Alkeon, IVP, Accel, Mosaic Ventures, Y Combinator, and others. With offices in the U.S., UK, Spain and Estonia, Veriff employs over 550 people from 60 different nationalities who are dedicated to helping businesses to build a more secure world. To learn more, visit www.veriff.com.
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SOURCE Veriff | https://www.wibw.com/prnewswire/2022/09/13/tony-gatterman-joins-veriff-head-commercial-legal/ | 2022-09-13T11:38:33Z |
Rock Creek Location Becomes Third Dispensary to Affiliate with Union
JOLIET, Ill., July 28, 2022 /PRNewswire/ -- Workers at the Rise Rock Creek Dispensary in Joliet, Ill. have voted overwhelmingly to join Teamsters Local 777. The facility is the third Rise location to affiliate with Local 777 in less than four months.
"We're making monumental progress in a short period of time because Illinois cannabis workers recognize that we're the strongest union out there," said Peter Finn, Teamsters Food Processing Division Director. "To all of the other Rise workers out there – join our movement! you'll be glad that you did."
"Legally-regulated recreational cannabis is a fairly new industry in our state, but it's been an honor to represent such an engaged, energetic and unified group of workers," said Jim Glimco, Local 777 President. "We welcome these men and women to our family and will continue to fight hard on their behalf as we stand together at the forefront of this twenty-first century labor movement."
Dan Hammond and Titus L. Lee, Jr. are Patient Care Specialists at Rise Rock Creek who voted in favor of joining the Teamsters.
"I support forming a union with the Teamsters because it's time for these big corporations to treat us like humans," said Lee.
"I support forming a union with the Teamsters because cannabis workers are stronger when stand together," said Hammond.
Founded in 1937, Teamsters Local 777 represents workers in a wide variety of industries throughout the Chicago area. For more information, go to https://www.teamsters777.org/.
Contact:
Matt McQuaid, (202) 624-6877
mmcquaid@teamster.org
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SOURCE Teamsters Local 777 | https://www.wibw.com/prnewswire/2022/07/28/more-rise-cannabis-workers-join-teamsters-local-777/ | 2022-07-28T16:06:13Z |
SAN DIEGO, April 11, 2022 /PRNewswire/ -- NEUVOGEN, an immunoncology company, announced today that Peter Watler, PhD has been appointed Head, Manufacturing Operations. He will lead NEUVOGEN's clinical and commercial manufacturing strategy, oversee production of NEUVOGEN's cancer vaccines and manage relationships with contract manufacturing organizations.
"We are thrilled that Dr. Watler has agreed to join our team and lead NEUVOGEN's manufacturing operations" said Todd Binder, Chief Executive Officer, NEUVOGEN. "Peter has an extensive track record of delivering both biologic and vaccine clinical and commercial supply on time and on budget. I am confident that at NEUVOGEN he will build on his track record."
Dr. Peter Watler has over three decades of vaccine and biopharmaceutical development and manufacturing experience including a deep knowledge of clinical and commercial manufacturing and partnering with contract manufacturing organizations. He has authored several IND and BLA submissions with participation in FDA inspections and cGMP audits. During his twelve years at Amgen, Dr. Watler led teams responsible for the technology transfer and commercial manufacturing support of Neupogen®, Stemgen®, Kepivance® and Infergen®. He most recently served as Chief Technical Officer of Coherus BioSciences where he established partnerships with leading contract manufacturers and was responsible for the clinical supply chain management and establishing the commercial manufacture of Udenyca®. Dr. Watler also served as Chief Technology Officer at Hyde Engineering where he oversaw the process design of biopharmaceutical manufacturing facilities including a modern modular facility recently built and commissioned in China. Prior to that, he was Vice-President of Manufacturing at Vaxgen, and led the team responsible for the design, build and validation of a vaccine production facility. He also provided design input for Celltrion's first South Korea manufacturing plant. He received his PhD in chemical engineering from Yamaguchi University, Japan and holds bachelor's and master's degrees in chemical engineering from the University of Toronto.
"I look forward to working together with the team to develop the manufacturing strategy and building relationships with our contract manufacturing partners to generate clinical vaccine supplies and eventual commercial products." said Dr. Watler. "NEUVOGEN has the potential to generate substantial clinical benefit for patients with solid tumors. I am excited to be part of an effort that can be transformational for cancer patients."
A link to comprehensive biographies can be found at www.neuvogen.com/about-us/.
About NEUVOGEN
NEUVOGEN, Inc. is an immunoncology company focused on whole cell cancer vaccine therapies. NEUVOGEN believes its cancer vaccines have the broadest combination of tumor associated antigens and tumor specific antigens ever delivered in a cancer vaccine and as a result can directly target a greater percentage of cancer cells in a solid tumor than any previous cancer vaccine. Based in San Diego, California, NEUVOGEN's goal is to develop therapeutic cancer vaccines that activate the body's immune system to eradicate solid tumors and meaningfully extend the lives of patients while limiting side effects. To learn more, visit www.neuvogen.com.
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SOURCE NEUVOGEN | https://www.kxii.com/prnewswire/2022/04/11/neuvogen-appoints-vaccine-manufacturing-expert-peter-watler-phd-head-manufacturing-operations/ | 2022-04-11T13:19:05Z |
Topeka brothers arrested after multiple reports of gunshots fired
TOPEKA, Kan. (WIBW) - Two Topeka brothers have been arrested after a search warrant was served connecting them to multiple reports of gunshots fired.
The Topeka Police Department says on Thursday, Aug. 18, that officers and detectives served a search warrant in the 2300 block of SW Boswell Ct.
TPD noted that the warrant was connected to an investigation into several cases of gunshots heard.
As a result of the warrant, TPD said Dymounik Jymarland Davis, 19, and Azhar Andrell Keith Davis, 21, of Topeka, were both arrested and booked into the Shawnee Co. Dept. of Corrections.
Dymounik was arrested on aggravated assault and aggravated endangering a child. Azhar was arrested on criminal possession of a firearm, criminal discharge of a firearm at an occupied vehicle, aggravated endangering a child, and aggravated assault.
Anyone with information about the crime should call TPD at 785-368-9400 or the Shawnee Co. Crime Stoppers at 785-234-0007.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/19/topeka-brothers-arrested-after-multiple-reports-gunshots-fired/ | 2022-08-19T15:20:37Z |
Mississippi man catches 131-pound catfish, sets state record
JACKSON, Miss. (AP) — A Mississippi man reeled in a massive blue catfish that set a state record. The Mississippi Department of Wildlife, Fisheries and Parks says Eugene Cronley of Brandon caught the 131-pound fish April 7 in the Mississippi River near Natchez. Cronley tells the Clarion Ledger that he has been catfishing all his life and never dreamed of something like this. The department says Cronley’s fish broke the previous rod-and-reel record of a 95-pound fish caught in 2009. It’s also larger than the 101-pound blue catfish caught by a team of two people in 1997. Both of those fish were also caught in the Mississippi River near Natchez. | https://localnews8.com/sports/ap-national-sports/2022/04/15/mississippi-man-catches-131-pound-catfish-sets-state-record/ | 2022-04-15T23:48:54Z |
The tiniest babies: Shifting the boundary of life earlier
BIRMINGHAM, Ala. (AP) — Michelle Butler was just over halfway through her pregnancy when her water broke and contractions wracked her body. She couldn’t escape a terrifying truth: Her twins were coming much too soon.
Dr. Brian Sims entered the delivery room and gently explained that babies born so early likely won’t live. He told Butler he could keep them comfortable as they died.
But she pleaded through tears: “Give my twins a chance to survive.”
And he did.
Until recently, trying to save babies born this early would have been futile. Butler was in the fifth month of her pregnancy, one day past 21 weeks gestation. That’s seven weeks earlier than what doctors once considered “the lower limit of viability,” the earliest an infant could possibly survive outside the womb. But over the last half century, medical science has slowly shifted that boundary downward.
And that’s made viability — a word many associate with the abortion debate — key to decisions about desperately wanted babies at the very edge of life.
Growing numbers of extremely premature infants are getting life-saving treatment and surviving. A pivotal study in the Journal of the American Medical Association this year, which looked at nearly 11,000 such births in a neonatal research network that is part of the National Institutes of Health, found that 30% of babies born at 22 weeks, 56% born at 23 weeks and 71% born at 24 weeks lived at least until they were healthy enough to be sent home home if doctors tried to save them.
Those gains happened gradually and quietly as the notion of viability got a lot more attention in the abortion arena. Viability is mentioned 36 times in the initial draft of the leaked majority opinion by the U.S. Supreme Court that would strike down Roe v. Wade. The decades-old abortion ruling says the Constitution protects a woman’s right to an abortion before viability, a standard Mississippi argues is arbitrary.
But viability has nothing to do with the vast majority of abortions; more than 99% of abortions occur at or before 21 weeks, according to federal statistics. So although viability is central to abortion law, the crux of the argument around the procedure comes down to disagreement about whether and in which cases someone should have the choice to terminate a pregnancy.
Meanwhile, viability is a growing real concern for those who care for premature babies as science keeps moving the line lower and lower.
And in this realm, too, it’s ethically fraught.
Beyond the risk of death, babies at “borderline viability” are highly susceptible to disabilities such as cerebral palsy, cognitive impairments, blindness and severe lung problems. Often, parents and doctors face a heartbreaking question they must answer together: How do they decide what to do?
“There’s a lot of things we can do, a lot of interventions,” said Dr. Barbara Warner, a newborn medicine expert at Washington University medical school in St. Louis. “Should we do them?”
In the case of Butler’s twins, the answer was yes. Curtis and C’Asya Means came into the world on July 5, 2020, at the University of Alabama hospital, each weighing less than a pound and small enough to fit in an adult’s hand.
Their divergent paths reflected both sides of extreme prematurity.
C’Asya lived just one day. Butler keeps her ashes in a tiny pink-and-silver urn.
Curtis became the earliest surviving “micropreemie” in the world – teething, trying solid foods and tooling around the house in his walker.
‘A SLOW EVOLUTION’
Each year in the U.S, about 380,000 babies are born prematurely, or earlier than 37 weeks of a typical 40-week pregnancy. About 19,000 arrive before the third trimester.
Babies born so soon faced bleak prospects until the latter half of the 20th century. That’s when incubator technology evolved, neonatology became a specialty and two medications began to be widely used: steroids during pregnancy to speed up fetal lung development, and synthetic “surfactant” given to babies to keep their airways open.
“I don’t think I could point to a single new technology or new medication or approach that has been the driver of keeping infants alive at these really low limits of gestation,” said Dr. Elizabeth Foglia, a neonatologist at Children’s Hospital of Philadelphia. “It’s just a slow evolution” that cascaded into “a sea change.”
For many years, the “edge of viability” remained around 24 weeks, she said. During her pediatric residency from 2006-2009, “those were the patients that were sort of the earliest we would intervene and the patients we were most worried about.”
Nicholas Hall’s twins, Graham and Reece, were born at 25 weeks in 2006. Graham spent his 45-day life connected to a breathing tube, getting nutrients through an intravenous drip. “He could never rest,” said the Bloomington, Indiana, dad, who with his now ex-wife started a nonprofit to support parents called Graham’s Foundation.
Reece survived. But she spent 119 days in the NICU, needed emergency surgery for a buildup of fluid in her brain, and came home on oxygen. She still has a hearing problem called auditory processing disorder.
Complications remain common even as three decades of research show a progressive increase in survival rates for babies born at 22 to 25 weeks. Care for these babies also remains intense.
Even today, up to a year in the hospital isn’t unusual for micropreemies, and costs can run into the millions of dollars. Most of these infants spend time on ventilators, are warmed in isolettes and get fluids and nutrition through tubes. Their skin, as delicate as a burn victim’s, needs meticulous care.
Hospitals have differing practices on when to provide this sort of care to the very youngest micropreemies, which leads to varying survival rates. One survey found that about six in 10 U.S. hospitals actively treated 22-week babies in 2019, up from 26% in 2007. The data doesn’t include the few surviving babies born during the 21st week of pregnancy.
“If you’re an institution that’s fully committed to resuscitation at 22 weeks, then studies show pretty clearly that just by virtue of offering the full spectrum of intensive care, you are going to be more likely to have babies who survive,” Foglia said.
TINY FIGHTER
Sims, a neonatologist who is also a pediatrics professor at the University of Alabama at Birmingham, said it would have been “perfectly reasonable” not to try to save Butler’s twins. In such cases, whether to resuscitate or continue lifesaving care is a shared decision between parents and the medical team.
“But even when we don’t try anything, a baby that’s trying to live will show you that. You’ll see that the baby’s trying to take a breath,” Sims said. “We support the babies that give us those signs.”
As soon as Curtis and C’Asya arrived, Sims gave each a little bit of oxygen. Curtis’ heart rate quickly rose. His smaller sister didn’t respond as well. Other medical measures for the twins, such as ventilators and surfactant, couldn’t compensate for her immature lungs.
“They told me it was up to me to make the call” about withdrawing treatment, Butler said. “I actually was praying silently to myself. God came to me and told me, ‘If you give me C’Asya, I’ll give you Curtis.’”
Butler cradled her daughter for hours after she died. It was the first time she held her.
Curtis stayed in the NICU for nine more months. Butler made the 90-minute trek from her home in rural Eutaw to Birmingham several times a week. She read books to Curtis and often held him inside her shirt so his skin touched hers.
Curtis went home tethered to oxygen. Butler, a single mom with two older kids, made sure the levels didn’t drop, gave him medicines five times a day and regularly set his feeding pump to dispense the right amount of food into a tube in his stomach.
More than a year later, Curtis is down to one medication for high blood pressure and two inhalers. He can be unhooked from oxygen for an hour a day. At 22 months old and around 20 pounds, he’s an active toddler who crawls, pulls himself up and plays with his older sister and brother.
When Butler woke him one morning, he fussed and fumbled with the feeding tube that still provides much of his nutrition.
But soon he was scooting his walker around the kitchen and curiously opening cabinets as Butler scrambled eggs, one of a growing number of soft and pureed foods he can now ingest.
“Wanna eat-eat?” she coaxed, offering a tiny bit of egg.
He eagerly popped it in his mouth, then smiled and grabbed a much bigger helping from her plate.
BITTERSWEET PROGRESS
In the future, doctors expect more micropreemies like Curtis to survive.
One reason? Saving them will become more accepted and common. Last year, the influential American College of Obstetricians and Gynecologists updated its recommendations to say steroids before birth may be considered if resuscitation is planned at 22 weeks. Previously, the measure was not recommended for babies that young.
And down the road, scientists are working on lifesaving equipment tailored to smaller bodies and an artificial womb they hope could someday grow a fetus outside of a person.
Such advances are sure to deepen ethical dilemmas.
“There always will be a limit of viability. Where that limit is may change over time as technology evolves and our ability to care for less and less mature babies evolves,” Foglia said. But wherever that limit is, “survival may be possible but not guaranteed. And survival without disability is certainly not guaranteed.”
Hall said doctors shouldn’t keep trying to move the viability line down until they can truly reduce the long-term medical problems associated with extremely premature babies born today.
Cori Laemmle of Fort Wayne, Indiana, who gave birth to twin boys in 2020 at 22 weeks, said decisions about whether to treat such infants should consider the individual circumstances and be guided by a question: “Are the interventions going to do more harm than good?”
Washington University’s Warner said everyone needs to think about how the babies might suffer.
This was why Laemmle and her husband decided to let one of her twins go — he was crashing with a collapsed lung. The other twin responded well to treatment. He’s now getting speech and physical therapy and hitting the usual milestones in all areas but speech.
Doctors are hopeful that Curtis Means – he has his father’s last name – will also continue to thrive. Dr. Brett Turner, his pulmonologist, now sees him every two or three months to manage his ongoing lung disease.
“As he grows … those visits will slowly all be able to be spaced out,” Turner said. “Hopefully, he’ll require fewer and fewer doctors to care for him.”
At home, his 35-year-old mother spends less time tending to Curtis’ medical needs and more time just hanging out with him.
One afternoon, she pulled Curtis out of his walker and into her arms. He grabbed at her face. She kissed his hand. She pulled down his Winnie-the-Pooh shirt, and they touched palms in a high five.
Butler, who is studying to be a cosmetologist, envisions Curtis going to school in a few years and becoming a doctor someday.
But as he grows, she always wants him to remember the twin who will never see such a future.
“Anytime he has a party, it’s going to be about her too,” with both names on the cakes, Butler said. “I mention her name every day for him, to let him know he was a twin and ‘your twin is your angel.’ And when he gets bigger, I’m going to get him a necklace where he can keep her ashes with him.”
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/11/tiniest-babies-shifting-boundary-life-earlier/ | 2022-05-11T17:35:11Z |
WEATHER
Partly cloudy
ARTIST
Imani W., Alice Coachman Elementary School
QUOTE
"Our own physical body possesses a wisdom which we who inhabit the body lack."
Henry Miller, writer (1891-1980)
...A strong thunderstorm will impact portions of southeastern Dougherty, northeastern Mitchell, northeastern Baker and southwestern Worth Counties through 315 PM EDT... At 232 PM EDT, Doppler radar was tracking a strong thunderstorm over Baconton, or 8 miles south of Putney, moving east at 10 mph. HAZARD...Winds in excess of 30 mph and pea size hail. SOURCE...Radar indicated. IMPACT...Gusty winds could knock down tree limbs and blow around unsecured objects. Minor damage to outdoor objects is possible. Locations impacted include... Newton, Putney, Albany, Baconton, East Albany, Marine Corps Logistics Base, Sale City, Bridgeboro, Flint, Radium Springs, Red Store Crossroads, South Albany, Southwest Ga Regional A/P, Pecan City, Red Rock, Acree, Lester, Freeman, Crestwood and Williamsburg. PRECAUTIONARY/PREPAREDNESS ACTIONS... If outdoors, consider seeking shelter inside a building. Frequent cloud to ground lightning is occurring with this storm. Lightning can strike 10 miles away from a thunderstorm. Seek a safe shelter inside a building or vehicle. && MAX HAIL SIZE...0.25 IN; MAX WIND GUST...30 MPH
WEATHER
Partly cloudy
ARTIST
Imani W., Alice Coachman Elementary School
QUOTE
"Our own physical body possesses a wisdom which we who inhabit the body lack."
Henry Miller, writer (1891-1980)
Learn what inflation is and how it works by reading 10 of the most commonly asked questions about inflation, compiled by PennyWorks. Click for more.
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A receipt was sent to your email. | https://www.albanyherald.com/features/wea-pix/article_5a3be5aa-c97c-11ec-a096-1b4a68b9d746.html | 2022-05-01T19:30:47Z |
NEW YORK, June 9, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Oscar Health, Inc. (NYSE: OSCR) pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's March 2021 initial public offering ("IPO" or the "Offering"), of the important July 11, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Oscar securities pursuant and/or traceable to the Registration Statement 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 Oscar class action, go to https://rosenlegal.com/submit-form/?case_id=6200 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 11, 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 Registration Statement was materially false and misleading and omitted to state that: (1) Oscar was experiencing growing COVID-19 testing and treatment costs; (2) Oscar was experiencing growing net COVID-19 costs; (3) Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation (RADV) result relating to 2019 and 2020; (4) Oscar was on track to be negatively impacted by significant Special Enrollment Period (SEP) membership growth; and (5) as a result of the foregoing, defendants' positive statements about Oscar's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Oscar class action, go to https://rosenlegal.com/submit-form/?case_id=6200 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.wibw.com/prnewswire/2022/06/09/rosen-top-ranked-investor-counsel-encourages-oscar-health-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-oscr/ | 2022-06-09T21:25:35Z |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Being an Israeli/American actress, producer, author, former counterintelligence officer & a french countess from the Theraube lineage among other titles she collects as a renaissance woman, plays the role of Brooke, an American actress who escaped her comfortable vain lifestyle in Hollywood to explore a spiritual lifestyle in the surfing exotic oasis "Arugam Bay".
The film tells the story of three Israeli soldiers serving the military during the Lebanon War. One of the boys gets killed, having made a pact to surf together after their service, they convince the girlfriend of the deceased friend to join their journey. The three travel from Israel to the magical southeast coast of Sri lanka - Arugam Bay. A well-known destination for professional surfers. The bay is located a 10-hour car drive from the main airport of the largest city, Colombo.
One of the soldiers, played by Maor Schwitzer an Israeli well known film star, started a romance with latest friend's girlfriend, played by another Israeli moviestar - Joy Rieger. They meet Brooke, played by Mira Tzur who portrays the social chief of the Island ,who with her spiritual lifestyle, now secretly sells psychedelic drugs to cure PTSD among other mindfulness hardships she believes she can cure.The Dynamics between the Israelis and Brooke are insightful on many levels. It is a winning combination flaunted by; extreme surfing abilities,meaningful friendship,healing, trust & travel to exotic locations that makes the plot relatable on many levels to all international audiences.
Given the growing economic struggles of Sri Lanka, that have recently led the country to a bankruptcy and political upheaval filming conditions were extremely difficult during the shoot.
Not having electricity, fuel and experiencing food shortage was just some of the obstacles the cast and crew needed to overcome. They established a strong bond with some of the local people and businesses as filming on location obviously helped bring economic prosperity to many of them.
The Italian Footwear company P448 is one of the film sponsors - a sneaker brand that focuses on Sustainability to keep our environment pure. They recycle their soles and use vegan products. They use mix leathers from lion fish and surfers especially wear their brand to keep our Oceans purified.
For more information on Mira Tzur current projects;
check out her Instagram @mira.tzur
And award winning guide book "Anonymously Famous" (Amazon, Barnes & Noble…)
www.anonymouslyfamous.com
www.miratzur.com. www.onecircleproductions.com
For More Information Contact Vicky Press Media vickypresspr@gmail.com.
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SOURCE Mira Tzur | https://www.kxii.com/prnewswire/2022/08/02/mira-tzur-is-excited-announce-her-recent-involvement-with-her-company-one-circle-productions-actressexec-producer-feature-film-arugam-bay-directed-by-marco-carmel-that-just-wrapped-sri-lanka-country-under-bankruptcy-experience-she-had-is-worth-telling/ | 2022-08-02T19:26:19Z |
Trainees eligible for starting bonuses of up to $5,000 in priority locations
ATLANTA, July 21, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that it has increased Conductor Trainee pay to $25 per hour, with a minimum of $200 in earnings per shift. Additionally, Conductor Trainees are eligible for an on the job training incentive of $300 per bi-weekly pay period, provided they make themselves available to work. Applicants can apply online at Jobs.NSCorp.com.
"We are committed to ensuring our newest team members are well-compensated while they work toward qualifying as conductors," said Brad Dodd, Director Talent Acquisition at Norfolk Southern. "Norfolk Southern is a great fit for those who want responsibility, autonomy, and take pride in the work they do. We offer competitive compensation, best-in-class healthcare benefits, technical training, and professional growth opportunities."
Conductor trainees in priority locations have the opportunity to earn up to $5,000 in starting bonuses. Conductor trainees at the company's other locations can earn up to $2,500 in starting bonuses. Priority locations include:
In their first year, Norfolk Southern conductors earn an average of $67,000, and have the potential to earn more each year as they increase in levels of seniority. They also participate in the Railroad Retirement System and have a 401(k) savings option, best-in-class healthcare coverage, all in addition to other competitive benefits.
Norfolk Southern conductors are responsible for the safe and efficient movement of freight trains. A conductor's job can include coupling railcars to build trains, delivering railcars to local customers, and transporting trains hundreds of miles. No prior railroad experience is required, applicants only need to be 18 years of age, successfully complete a standard background check, and meet physical requirements.
"One of the clear benefits of our industry is the opportunity for future advancement and the potential for increased earnings," added Dodd. "Through their seniority, conductors will be promoted to a locomotive engineer position that has guaranteed minimum annual pay of approximately $94,000, along with benefits. Many of our engineers earn more than $100,000 with the work opportunities at their locations."
Norfolk Southern utilizes a comprehensive training program for both conductors and locomotive engineers, consisting of classroom and field training. Successful completion of these programs is a requirement for employment. Conductor trainees should expect to complete a training program of approximately 16 weeks before promoting to a conductor position. The first three weeks of training occur at the Norfolk Southern Training Center in McDonough, Georgia. The remaining weeks of training take place at or near their hiring location. The company provides all the technical training and tools conductors need to be both safe and successful on the job.
About Norfolk Southern
Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies, moving the goods and materials that drive the U.S. economy. Norfolk Southern connects customers to markets and communities to economic opportunity, with safe, reliable, and sustainable shipping solutions. The company's service area includes 22 states and the District of Columbia, every major container port in the eastern United States, and a majority of the U.S. population and manufacturing base.
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SOURCE Norfolk Southern Corporation | https://www.kxii.com/prnewswire/2022/07/21/norfolk-southern-increases-conductor-trainee-pay-25-an-hour-adds-biweekly-300-incentive/ | 2022-07-21T12:56:31Z |
SUZHOU, China and ROCKVILLE, MD, July 21, 2022 /PRNewswire/ -- Ascentage Pharma (6855.HK), a global biopharmaceutical company engaged in developing novel therapies for cancers, chronic hepatitis B (CHB), and age-related diseases, today announced that the Phase Ib study of Ascentage Pharma's novel drug candidate, olverembatinib (HQP1351), for the treatment of patients with refractory chronic myeloid leukemia (CML) or Philadelphia chromosome positive acute lymphoblastic leukemia (Ph+ ALL) has been approved by Health Canada, making it Ascentage Pharma's first clinical study in the country.
This open-label, multicenter, randomized, global Phase Ib study is designed to evaluate the safety, efficacy, pharmacokinetics (PK) and determine the recommended Phase II dose (RP2D) of olverembatinib in patients with CML in chronic-phase (CP), accelerated-phase (AP), or blast-phase (BP) or with Ph+ ALL, who are resistant or intolerant to at least two tyrosine kinase inhibitors (TKIs).
CML is a hematologic malignancy of the white blood cells. The commercialization of BCR-ABL TKIs has revamped the treatment of CML. However, acquired resistance to TKIs remains a major challenge in the treatment of CML. BCR-ABL tyrosine kinase mutations represent a key mechanism of acquired drug resistance. Currently, there is an urgent unmet medical need for a new generation of TKIs that can safely and effectively target the BCR-ABL mutation.
Olverembatinib is a novel, orally active, third-generation BCR-ABL inhibitor developed by Ascentage Pharma for the treatment of patients with CML resistant to first- and second-generation TKIs. It can effectively target a spectrum of BCR-ABL mutants, including the T315I mutation. As the first approved third-generation BCR-ABL inhibitor in China and the second globally, olverembatinib is a novel therapeutic with global "best-in-class" potentials. The clinical results of olverembatinib in hematologic malignancies have been selected for oral presentations at the American Society of Hematology (ASH) Annual Meetings for four consecutive years since 2018, and was nominated for "Best of ASH" in 2019. To date, olverembatinib has been granted three Orphan Drug Designations from the US FDA for the treatment of CML, ALL, and acute myeloid leukemia (AML); and an Orphan Designation by the EU, for the treatment of CML.
Dr. Yifan Zhai, Chief Medical Officer of Ascentage Pharma, commented, "Overcoming drug resistance in the treatment of CML has long been an imperative for the global hematology community. This approval for the study of olverembatinib in Canada is indicative of the growing recognition of olverembatinib's potential efficacy and safety, and are the results of our continued global expansion. It is also an important milestone for the development and commercialization of this investigational drug. We will work full speed on the global clinical development of olverembatinib to allow more patients to benefit from this novel therapeutic as soon as possible."
About Ascentage Pharma
Ascentage Pharma (6855.HK) is a globally focused biopharmaceutical company engaged in developing novel therapies for cancers, chronic hepatitis B, and age-related diseases. On October 28, 2019, Ascentage Pharma was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code 6855.HK.
Ascentage Pharma focuses on developing therapeutics that inhibit protein-protein interactions to restore apoptosis, or programmed cell death. The company has built a pipeline of eight clinical drug candidates, including novel, highly potent Bcl-2, and dual Bcl-2/Bcl-xL inhibitors, as well as candidates aimed at IAP and MDM2-p53 pathways, and next-generation tyrosine kinase inhibitors (TKIs). Ascentage Pharma is also the only company in the world with active clinical programs targeting all three known classes of key apoptosis regulators. The company is conducting more than 50 Phase I/II clinical trials in the US, Australia, Europe, and China. Olverembatinib, the company's core drug candidate developed for the treatment of drug-resistant chronic myeloid leukemia (CML), was granted Priority Review status and a Breakthrough Therapy Designation (BTD) by the Center for Drug Evaluation (CDE) of the China National Medical Products Administration (NMPA) and is already approved for the indication. In addition, olverembatinib was also granted an Orphan Drug Designation (ODD) and a Fast Track Designation (FTD) by the US FDA, and an Orphan Designation by the EU. To date, Ascentage Pharma has obtained a total of 15 ODDs, 2 FTDs, and 2 Rare Pediatric Disease (RPD) designations from the FDA and 1 ODD from the EU for four of the company's investigational drug candidates. Ascentage Pharma has been designated for multiple Major National R&D Projects, including 5 National Major New Drug Discovery and Manufacturing projects, 1 New Drug Incubator status, 4 Innovative Drug Programs, and 1 Major Project for the Prevention and Treatment of Infectious Diseases.
Leveraging its robust R&D capabilities, Ascentage Pharma has built a portfolio of global intellectual property rights and entered into global partnerships with numerous renowned biotechnology and pharmaceutical companies and research institutes such as UNITY Biotechnology, MD Anderson Cancer Center, Mayo Clinic, Dana-Farber Cancer Institute, Merck, AstraZeneca, and Pfizer. The company has built a talented team with global experience in discovering, developing, launching, and commercializing innovative drugs and is setting up world-class commercial manufacturing and Sales & Marketing teams. One pivotal aim of Ascentage Pharma is to continuously strengthen its R&D capabilities and accelerate its clinical development programs, in order to fulfil its mission of addressing unmet clinical needs in China and around the world for the benefit of more patients.
Forward-Looking Statements
The forward-looking statements made in this article relate only to the events or information as of the date on which the statements are made in this article. Except as required by law, Ascentage Pharma undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events, or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this article completely and with the understanding that our actual future results or performance may be materially different from what we expect. In this article, statements of, or references to, our intentions or those of any of our Directors or our Company are made as of the date of this article. Any of these intentions may alter in light of future development.
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SOURCE Ascentage Pharma | https://www.wibw.com/prnewswire/2022/07/21/ascentage-pharma-announces-clinical-trial-application-olverembatinib-hqp1351-approved-canada/ | 2022-07-22T01:03:11Z |
LOS ANGELES, May 17, 2022 /PRNewswire/ -- Environmental and land use law firm The Sohagi Law Group announced today that its Managing Partner Margaret Sohagi has been recognized as a "Top 100 Lawyer" by the Los Angeles Business Journal. According to the journal's publisher Josh Schimmels, the 100 lawyers selected "have demonstrated exceptional legal skill and achievements across the full spectrum of responsibility, exemplary leadership and contributions to the Los Angeles community at large."
Sohagi's practice for more than 30 years has focused on assisting cities, counties, and other public agencies in navigating the legal complexities of land use, California Environmental Quality Act (CEQA) climate change and the National Environmental Policy Act (NEPA). Sohagi "provides constructive, practical legal advice, working directly with lead agency counsel, staff, appointed elected officials," says the special feature. "When necessary, she zealously defends lead agencies' land use approvals and environmental determinations in judicial proceedings, and frequently heads mediation teams in settlement discussions."
As a longstanding CEQA instructor for California's Continuing Judicial Studies Program, Sohagi has the unique opportunity to instruct Superior Court judges, appellate justices and court attorneys. Her land use and environmental law expertise, and ability to keep public agencies informed about the latest legal developments and trends, is also demonstrated through her frequent planning and legal conference presentations, extensive UCLA and USC teaching experience.
Sohagi currently serves as the Chair of the Santa Monica College Foundation Board. In 2022 Sohagi was recognized by the Los Angeles Business Journal as a "Woman of Influence and last year she was selected for the Los Angeles Times' "Inspirational Women Award" and the Los Angeles Business Journal "Community Impact Advocate Award."
The Sohagi Law Group handles complex transactional and litigation matters for public agencies, including cities, counties, townships, state agencies, special districts, commissions and authorities. Its attorneys draw upon their extensive expertise in all areas of environmental and land use law to advise clients navigate existing laws and regulations and keep them up to date on emerging environmental issues such as climate change and greenhouse gas regulation.
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SOURCE The Sohagi Law Group | https://www.wibw.com/prnewswire/2022/05/17/sohagi-law-groups-margaret-sohagi-named-one-los-angeles-top-100-lawyers/ | 2022-05-17T18:16:18Z |
WOODBRIDGE, N.J., Aug. 31, 2022 /PRNewswire/ -- Joseph M. Lucosky, founder and managing partner of Lucosky Brookman LLP (www.lucbro.com), a leading corporate finance and securities law firm, has been honored as a "2022 Leader in Law " by NJBIZ.
The "Leader in Law" honor recognizes professionals with substantial expertise and commitment to their profession and community. Chosen by an unbiased panel of independent judges, recipients of this award are selected for their outstanding dedication to their occupation. The award is presented to New Jersey-based law professionals who have demonstrated exceptional overall performance during the past year, as well as exceptional efforts and achievements. The 2022 list of honorees includes other prominent and distinguished New Jersey attorneys.
Partner Seth Brookman commented, "The firm and I congratulate Joe for this tremendous accomplishment. After almost 13 years, we have grown to counsel dozens of NASDAQ and NYSE listed companies, over a dozen investment banks, and hosts of private equity funds and ultra-high net worth investors. This honor could not be more well-deserved. From humble beginnings to now employing over 40 attorneys, the success of the Firm under your leadership is truly remarkable. On behalf of all the attorneys at the Firm, we look forward to the next 13 years and beyond as we help small and medium-sized businesses get to the next level."
Joseph Lucosky remarked, "This recognition is truly an honor, however, this award is not solely my honor. It is earned on behalf of all of our attorneys and staff who work tirelessly on behalf of our clients' day in and day out year after year. Thank you to NJBIZ for the acknowledgement and thank you to all of our clients, colleagues, and friends who nominated us for the award."
Lucosky Brookman is a corporate finance and securities law firm with offices in New York, New Jersey, and Pennsylvania representing both domestic and international clients in sophisticated corporate and securities transactions, mergers and acquisitions, secured and unsecured lending transactions, PIPEs, commercial and securities litigation, intellectual property, insurance coverage and defense, and general corporate matters. The Firm provides a broad range of legal services within each of its Corporate, Securities, Mergers & Acquisitions, Banking & Finance, Corporate Tax, Intellectual Property, and Litigation & Arbitration practice areas.
CONTACT
Lucosky Brookman LLP
101 Wood Avenue South, 5th Floor
Woodbridge, New Jersey 08830
Phone: 732 395-4400
Facsimile: 732 395-4401
Email: info@lucbro.com
Web: www.lucbro.com
This press release may be considered advertising under the rules of some states. Prior results cannot and do not guarantee or predict a similar outcome.
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SOURCE Lucosky Brookman LLP | https://www.mysuncoast.com/prnewswire/2022/08/31/lucosky-brookman-llp-founder-joseph-m-lucosky-honored-with-2022-leader-law-by-njbiz/ | 2022-08-31T20:14:36Z |
Nico Hischier helps New Jersey Devils beat Dallas Stars 3-1
By LARY BUMP
Associated Press
DALLAS (AP) — Nico Hischier and Pavel Zacha scored 10 seconds apart in the third period, and the New Jersey Devils beat the Dallas Stars 3-1. Ty Smith also scored in the third for New Jersey, which had dropped five in a row. Fabian Zetterlund had two assists, and Nico Daws made 27 saves. Dallas defenseman Ryan Suter scored his 100th career goal 13:31 into the second. Jake Oettinger made 20 stops, but the Stars missed out on a chance to strengthen their playoff positioning in the Western Conference. | https://localnews8.com/sports/ap-national-sports/2022/04/09/nico-hischier-helps-new-jersey-devils-beat-dallas-stars-3-1/ | 2022-04-09T22:41:00Z |
Hosted by award-winning documentarian Mitra Kaboli, podcast series explores the drama and dreams of seven people in an iconic LGBTQ community at the end of the world
NEW YORK, May 23, 2022 /PRNewswire/ -- Stitcher, alongside co-creators Rococo Punch and Room Tone, today announced a new reality podcast series, Welcome to Provincetown, which premieres June 15. The series, co-produced by Stitcher's Witness Docs unit, documents the lives of several eclectic, vivacious residents of the idyllic, two-street beach town known for its community of actors, artists, drag queens, playwrights, and authors. A trailer is available by clicking here.
Welcome to Provincetown is a genre-bending series that combines the style of reality TV with impeccable audio storytelling, weaving together the complexity of each character's lives over the course of ten episodes. The series, recorded in the summer of 2021, follows seven locals, each with their own agenda, in the small, picturesque town of Provincetown, MA. Host Mitra Kaboli, the award-winning documentarian and producer of The Heart and ESPN's 30 for 30, takes listeners inside this summer playground to explore the beautiful isolation and exclusivity designed into gay vacation towns. The result is a story as much about drama, relationships, and sex as it is about the grittiness of real life in a town where, in the matter of months, the population swells from 3,000 to 60,000.
Listeners meet Qya, the summer's 'It Girl,' a performer gracing every stage and a few sand dunes in town; Sonny, a newcomer to P-Town who is spending his summer trying to get laid; Kristen, Ethan and Star from Summer of Sass, a program that brings 18-20 year-olds from oppressive communities to live and work in Provincetown; Jay, a legendary artist and longtime resident who uses his septic tank as a makeshift oasis; and Brian, a recently divorced, newly arrived bear that is rebuilding his life in the area.
"Room Tone develops projects that delight listeners and defy expectations of what can be achieved in sound. Our first, Welcome to Provincetown, offers unconventional stories and a fresh approach to the medium," says Ben Riskin co-founder of Room Tone. "Partnering with Rococo Punch and Mitra Kaboli was a natural fit based on their collective experience making stories about complex and nuanced lives, and I'm so pleased to have Stitcher on board to help bring it all together."
"We started Rococo Punch with the goal of making memorable podcasts that transport listeners out of the studio and into another place," says John Perotti, co-founder of Rococo Punch. "Tapping into the world of reality has been years in the making for us and when Room Tone reached out, we knew the sounds and stories of Provincetown could deliver that experience for listeners, with its unique backdrop and one-of-a-kind characters."
"Welcome to Provincetown is unlike anything that has come before it," says Kameel Stanley, Executive Producer of Witness Docs. "Room Tone and Rococo Punch have put such care into giving listeners a compelling glimpse into a summer in this iconic destination – bringing to life not just the characters that inhabit it, but also the town itself. With our Witness Docs team, we're honored to help them bring this series to listeners everywhere."
Welcome to Provincetown is produced by Mitra Kaboli and Emily Forman. Story editing is by Stitcher's Gianna Palmer. Executive producers are John Perotti and Jessica Alpert for Rococo Punch, and Ben Riskin and Bianca Grimshaw for Room Tone. Kameel Stanley is the executive producer of Witness Docs.
SXM Media, the combined advertising revenue organization of Sirius XM Holdings Inc., has exclusive global ad sales rights for Welcome to Provincetown. SXM Media is the gateway for marketers to the #1 U.S. podcast advertising network in reaching weekly podcast listeners, per Edison Research.
The series joins an already impressive lineup of prestigious documentary and narrative projects at Witness Docs, which includes, among others, Heaven's Gate, the Unfinished series, and the Webby-Award winning Toxic: The Britney Spears Story.
Welcome to Provincetown will be available on Stitcher, the SXM App, Pandora, and all major podcast listening platforms. For more information, visit witnesspodcasts.com.
About Rococo Punch
Rococo Punch is an independent podcast production company specializing in exquisite sound design and thoughtful content. Current projects range from investigative journalism to children's programming to interview shows. The team developed some of the most listened-to podcasts, reaching millions of people around the world. Among the shows they helped create include the Gracie-award-winning The Turning: The Sisters Who Left, Finding Raffi, Modern Love: The Podcast, Servant of Pod and the forthcoming Queen Of Hearts. Follow @RococoPunch on Twitter and visit www.rococopunch.com for more information.
About Room Tone
Room Tone is a podcast and audio advisory serving the industry through project development and packaging, talent management, and professional services. Room Tone was founded by Ben Riskin and Bianca Grimshaw, both veterans in the audio space. Ben led business development and strategy for Endeavor Audio and Megaphone where he supported the launches of shows like Blackout and Revisionist History. He also produced work for WNYC's Nancy and Condé Nast. Bianca maintains a robust legal practice representing film and podcast talent, production, and studios.
About Stitcher
Stitcher, a subsidiary of SiriusXM, is the best place to listen to, produce and monetize podcasts. The Stitcher app is one of the world's most popular podcast listening platforms, with a growing network of original content and a premium subscription service. Stitcher is home to Stitcher Originals, Black lifestyle and culture network More Sauce, top-ranked comedy podcast network Earwolf, and award-winning documentary network Witness Docs.
About SXM Media
SXM Media is the combined sales organization of Sirius XM Holdings Inc., spanning its SiriusXM, Pandora, and Stitcher audio entertainment platforms and services, including that of Midroll, the leading podcast advertising network representing over 300 of the world's largest podcasts. With a reach of more than 150 million listeners, SXM Media gives brands, creators, and publishers access to the largest digital audio advertising platform in North America. SXM Media also serves as the exclusive advertising and sales representative for other platforms and podcasters, including major entities such as SoundCloud (exclusive U.S. advertising representative) and the NBCUniversal News Group (exclusive advertising representative for NBC News and MSNBC podcasts, with additional sales rights to CNBC podcasts).
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio entertainment company in North America, and the premier programmer and platform for subscription and digital advertising-supported audio products. SiriusXM's platforms collectively reach approximately 150 million listeners, the largest digital audio audience across paid and free tiers in North America, and deliver music, sports, talk, news, comedy, entertainment and podcasts. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. SiriusXM's subsidiaries Stitcher, Simplecast and AdsWizz make it a leader in podcast hosting, production, distribution, analytics and monetization. The Company's advertising sales arm, SXM Media, leverages its scale, cross-platform sales organization, and ad tech capabilities to deliver results for audio creators and advertisers. SiriusXM, through Sirius XM Canada Holdings, Inc., also offers satellite radio and audio entertainment in Canada. In addition to its audio entertainment businesses, SiriusXM offers connected vehicle services to automakers. For more about SiriusXM, please go to: www.siriusxm.com.
Source: SiriusXM
Media contacts
Ron Gaskill
Stitcher
ron.gaskill@siriusxm.com
Megan Larson
Rococo Punch & Room Tone
Megan@ChristineRagasaGlobal.com
917-204-7421
Jessica Casano-Antonellis
SiriusXM
jessica.casano@siriusxm.com
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SOURCE Sirius XM Holdings Inc. | https://www.mysuncoast.com/prnewswire/2022/05/23/rococo-punch-room-tone-collaborate-with-stitcher-new-reality-audio-series-welcome-provincetown/ | 2022-05-23T18:29:09Z |
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, COIN, CI, AAPL, and DIS.
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InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/08/04/thinking-about-trading-options-or-stock-alibaba-coinbase-global-cigna-apple-or-walt-disney/ | 2022-08-04T15:08:43Z |
BOSTON, July 7, 2022 /PRNewswire/ -- Haemonetics Corporation (NYSE: HAE) announced that the Company intends to publish first quarter fiscal year 2023 financial results at 6:00 am EDT on Wednesday, August 10, 2022. The Company will hold a conference call with investors and analysts to discuss results and answer questions at 8:00 am EDT on August 10, 2022.
The call can be accessed via teleconference at: Q1 2023 Haemonetics Corporation Earnings Conference Call. Once registration is completed, participants will receive a dial-in number along with a personalized PIN to access the call. While not required, it is recommended that participants join 10 minutes prior to the event start.
A live webcast of the call can be accessed on Haemonetics' investor relations website. Webcast Link: https://edge.media-server.com/mmc/p/dc896g7s
A replay of the conference call and webcast will be available for one year beginning on August 10, 2022 at 11:00 am EDT using the conference call webcast link provided in this press release.
ABOUT HAEMONETICS
Haemonetics (NYSE: HAE) is a global healthcare company dedicated to providing a suite of innovative medical products and solutions for customers, to help them improve patient care and reduce the cost of healthcare. Our technology addresses important medical markets: blood and plasma component collection, the surgical suite and hospital transfusion services. To learn more about Haemonetics, visit www.haemonetics.com.
Investor Contact:
Olga Guyette, Sr. Director, Investor Relations & Treasury
(781) 356-9763
olga.guyette@haemonetics.com
Media Contact:
Josh Gitelson, Director, Global Communications
(781) 356-9776
josh.gitelson@haemonetics.com
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SOURCE Haemonetics Corporation | https://www.wibw.com/prnewswire/2022/07/07/haemonetics-sets-date-publishing-first-quarter-fiscal-year-2023-results-august-10-2022/ | 2022-07-07T21:48:46Z |
CLAYMONT, Del., Aug. 18, 2022 /PRNewswire/ -- PushPress, Inc., a trailblazing fitness studio management software company, announced it has successfully raised $11 million in Series A funding led by Altos Ventures, with participation from Mucker Capital.
Founded in 2013, PushPress is on a mission to make gym management the easiest part of running a fitness business through innovative integrations and key products like Core, Grow, and Train. Built on an ethos of "help first," PushPress places an exceptional focus on prioritizing client needs, listening to feedback, and using it as the impetus for new and innovative products.
The team is comprised of software professionals who recognized a significant gap in the software market and opened fitness businesses to better understand the landscape.
The Series A funding will allow PushPress to enhance its ability to solve clients' pain points, in what the company's founder, Dan Uyemura now refers to as, "Help first, bigger and faster." This pivotal milestone for the company means PushPress can improve client education and ultimately help clients run better fitness businesses.
"These funds will allow us to invest a tremendous amount of money into helping our clients," said Uyemura. "It gives us the opportunity to continue building better products, faster and more consistently."
Specifically, PushPress will focus on improving automated lead engagement with PushPress Grow, increasing community management with PushPress Core, expanding workout tracking and delivery with PushPress Train, and developing integrations with other leading applications to help fitness business owners access the best solutions in the industry.
PushPress is also excited to continue further development of its artificial intelligence product, Pressly™️, which it announced in March at the company's PowerUp Event. Pressly™️ will help fitness businesses access and leverage powerful data, as well as automate many of the executable tasks to drive businesses toward greater success.
Uyemura believes the foundation is strong and the future is full of potential.
"This funding is a testament to the incredible team and world-class products at PushPress," added Uyemura. "Despite this challenging economic environment, where others are cutting back on investments, we are able to double down for the benefit of our clients and make the future of fitness business ownership even better. I'm grateful to Altos for understanding and supporting our vision."
"With an authentic founding story and deep empathy for their customers, Dan and the PushPress team have built the best-in-class gym management software solution that empowers gym owners to better run their businesses," said Tae Yoon, Partner at Altos Ventures. "We are excited to support PushPress in uplifting gym owners and the entire fitness industry."
Mucker Capital Co-Founder and Partner, William Hsu added, "When we first evaluated PushPress, the passion they had for their customers really stood out. Upon interviewing hundreds of their clients, we found that PushPress had one of the highest customer satisfaction rates and advocacy of any company we've seen in the SMB software space."
For more information on the innovative ways PushPress is advancing its products and services, contact marketing@pushpress.com.
Founded in 2013, PushPress is a next-generation boutique fitness management platform helping fitness business owners systemize, automate, and grow their businesses. PushPress has held true to its mission of being a champion for the fitness business owner, even before it became trendy. With a collective 50+ years of gym ownership on the team, PushPress understands the clients and space that they serve.
Founded in 1996, Altos Ventures is a technology investment firm based in Silicon Valley. Through patient and pragmatic investing, Altos partners with early to growth stage technology companies operating in consumer and enterprise sectors, with the goal of building durable and compounding businesses over decades. As a registered investment advisor (RIA) with the SEC, Altos has a uniquely flexible, long-term, and concentrated approach to venture capital, supporting the full lifecycle of companies from inception to global growth and profitability. Altos has supported close to 200 companies around the world over its quarter-century history. For more info, please refer to www.altos.vc.
Founded in Santa Monica, CA in 2011, Mucker Capital provides Pre-Seed, Seed, and Series A capital and support for startups in Southern California and in other, similarly underfunded ecosystems outside Silicon Valley.
Contact: marketing@pushpress.com
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SOURCE PushPress, Inc | https://www.kxii.com/prnewswire/2022/08/18/pushpress-secures-11-million-series-funding-led-by-altos-ventures/ | 2022-08-18T11:51:13Z |
Funding to accelerate the discovery and development of drugs for high value and traditionally undruggable targets
SAN JOSE, Calif., July 27, 2022 /PRNewswire/ -- BridGene Biosciences, Inc., a biotechnology company leveraging a proprietary chemoproteomic platform to discover and develop small-molecule drugs for high-value, traditionally undruggable targets, today announced the completion of a $38.5 million Series B financing by Lapam Capital, Junson Capital and Dyee Capital.
Proceeds from the offering will be used to further develop BridGene's chemoproteomic platform IMTAC™, which enables the screening of small molecules against the whole proteome or against a prioritized target in live cells to discover drug candidates for high value and traditionally undruggable targets that drive diseases, including cancers.
The proceeds will also be used to develop BridGene's leading pipeline project, a covalent TEAD inhibitor, as well as a few other undisclosed first-in-class oncology pipeline projects, which were initiated based on discoveries using the IMTAC™ platform.
"BridGene's chemoproteomics platform IMTAC™ is impressive and unique. It breaks the limitations of traditional chemoproteomics technology and greatly expands its scope. BridGene has established an outstanding scientific team, which has extensive experience in chemoproteomic technology and drug development. We believe that BridGene has the potential to grow to a leading company in the field of drugging traditionally undruggable targets," said Mr. Zhihua Yu, Chairman of Lapam Capital.
About Lapam Capital
Headquartered in Beijing, Lapam Capital is a leading healthcare venture capital firm in China. Lapam is currently managing five RMB funds and one USD fund, with more than 10 billion RMB under management. Lapam Capital focuses on investments in early to middle stage fast-growing companies that have innovative pharmaceuticals and medical devices. It has invested in about 60 biopharmaceutical companies and 10 medical device companies to date, including Betta Pharma, RemeGen Co. Ltd., Clover Biopharmaceuticals, Yahong Meditech, Stemirna Therapeutics, Binhui Biotech, ImmuneOnco Biopharmaceuticals, Biostar Pharmaceuticals, Aibo Medical Robot Co. Ltd. and many other companies with great potential. Lapam Capital has a professional investment team with more than 20 years' international and domestic biopharmaceutical industry R&D and management experience and can provide comprehensive value-added supports for the invested companies.
About Junson Capital
Junson Capital is a global multi-asset investment management company with venture capital and private equity, public market investments, real estate investments, and alternative investments. With its long dedication to technology and healthcare, Junson Capital manages more than 30 portfolio companies and aims at backing disruptive technology and science leaders. As a global organization, Junson Capital has investment professionals located in Hong Kong, New York, Palo Alto and Singapore.
About Dyee Capital
Dyee Capital focuses on investments in the fields of healthcare and information technology. The management team has many years of investment, investment banking, and industry experience, as well as extensive market resources and professional post-investment service experience. Dyee Capital has invested in many innovative pharmaceutical companies, including Zelgen Biopharmaceuticals, Allist Pharmaceuticals, InventisBio, Ionova Life Science, Ark Biosciences, Leads Biolabs, Yingli Pharma, and Zhimeng Biopharma.
About BridGene Biosciences
BridGene is a biotechnology company focused on discovering and developing innovative small molecules that drug traditionally undruggable targets, providing new paths to treat diseases. By using its proprietary chemoproteomics platform, IMTAC™, BridGene can screen small molecules against proteins in live cells to discover drug candidates for high value and traditionally undruggable targets. For this purpose, BridGene takes advantage of its proprietary, diverse library of tagged, drug-like small molecules. The ultimate goal is to enable breakthrough small molecule drug discovery with expanded mechanisms to treat diseases with targets previously inaccessible to small molecules. The uniqueness of BridGene's technology allows it to perform IMTAC™ screening for both covalent and non-covalent molecules, target different amino acids and discover new targets for disease treatments by deconvoluting phenotypic screening hits. The company is advancing a diversified pipeline of first-in-class drugs for targets in multiple disease areas. For more information, visit https://www.bridgenebio.com.
Contact
Tiberend Strategic Advisors, Inc.
Investors
Jonathan Nugent
+1-205-566-3026
jnugent@tiberend.com
Media
Bill Borden
+1-732-910-1620
bborden@tiberend.com
Dave Schemelia
+1-609-468-9325
dschemelia@tiberend.com
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SOURCE BridGene Biosciences | https://www.wibw.com/prnewswire/2022/07/27/bridgene-biosciences-announces-385-million-series-b-financing-further-develop-its-next-generation-chemoproteomics-platform-first-in-class-oncology-drugs/ | 2022-07-27T12:31:26Z |
– Brand's Second-Largest Franchisee Continues to Invest with Leading Fast Casual Seafood Restaurant–
NASHVILLE, Tenn., Aug. 2, 2022 /PRNewswire/ -- Captain D's, the nation's leading fast casual seafood restaurant, announced today the opening of its newest franchised location in Memphis, kicking off a pipeline of new development planned for the area with Nufish, LLC, led by Operating Partner Joe Springer. Located at 4735 Getwell Road, the new restaurant marks the 11th Captain D's location in Memphis, all owned and operated by Springer and Nufish. The group, which is the second-largest franchisee in the seafood brand's system, has also signed a new agreement to develop 10 additional restaurants throughout the Memphis region, including Mississippi and Arkansas.
"Experienced multi-unit franchisees like Joe Springer and the Nufish group have been an integral part of our sustained growth over the years," said Brad Reed, chief development officer of Captain D's. "In addition to being one of our largest operators, he is also one of our most successful, achieving same-store sales increases across all of his restaurants for the last 12 years. Joe's dedication to customer service and community involvement has allowed Captain D's to become a staple in Memphis, and we look forward to further expanding our footprint in the region."
Since first signing on with Captain D's in 2009, Springer has continued to spearhead the brand's development in Tennessee, Mississippi and Arkansas. The Nufish group has steadily grown its portfolio, currently operating 20 locations and leveraging Springer's nearly two decades of experience in the restaurant industry. He maintains a deep understanding of the market and opportunities for the brand within it, building a robust pipeline with this new 10-unit agreement as well as completing a previous five-unit development deal with the opening of the Getwell Road location.
Captain D's franchising momentum is a testament to the brand's unique positioning within the fast casual segment, which has enticed its existing franchisee base to continue investing while also attracting best-in-class operators looking to diversify their portfolios with a leading franchise concept.
"I've been fortunate to spend the past 13 years of my career as a multi-unit franchisee within the Captain D's system. The brand has continued to provide unparalleled support to its operators, and its sustainable franchise model has enabled us to see consistent success across all our locations," said Joe Springer. "With the flexible prototypes and real estate options Captain D's offers, we continue to see opportunities for growth and are excited about this newest restaurant as well as those to come."
The newest Captain D's at 4735 Getwell Road in Memphis features a vibrant, coastal design and welcoming atmosphere, serving high-quality seafood with warm hospitality at an affordable price. With dining room seating for 42, the restaurant also has drive-thru, carry out, and call-ahead ordering options. Hours of operation are Sunday - Thursday from 10:30 a.m. to 10 p.m. and Friday – Saturday from 10 a.m. to 11 p.m. Call-ahead orders can be placed by calling (901) 356-9063.
This year, Captain D's is set to open 14 restaurants across markets in Florida, Georgia, Ohio, Texas, Tennessee and more. Two of these openings will be both franchise and company debuts of the new 'Express' prototype, a significantly smaller footprint featuring only a drive-thru and walk-up windows for ordering and picking up. Additionally, Captain D's is continuing to successfully convert vacant restaurant properties with a franchise opening in Elberton, Georgia, earlier this year, and two more conversions in Florida this summer. The brand remains focused on corporate and franchise development in target markets throughout the South, Midwest and Mid-Atlantic states, including Florida, Ohio and Pennsylvania.
With more than 530 restaurants in 23 states, Captain D's is the fast-casual seafood leader and number one seafood franchise in America ranked by average unit volume. The company is currently seeking single and multi-unit operators to join in the brand's rapid expansion. For more information about franchise opportunities, visit www.captaindsfranchising.com or call 800-314-4819.
ABOUT CAPTAIN D'S
Headquartered in Nashville, Tenn., Captain D's has more than 530 restaurants in 23 states. Captain D's is the nation's leading fast casual seafood restaurant and was named the #1 seafood chain in the QSR 50, ranked by AUV. Founded in 1969, Captain D's has been offering its customers high-quality seafood at reasonable prices in a welcoming atmosphere for 50 years. Captain D's serves a wide variety of seafood that includes freshly prepared entrees and the company's signature batter dipped fish. The restaurants also offer premium-quality, grilled items such as shrimp, Tilapia and Salmon, as well as hushpuppies, desserts and freshly brewed, Southern-style sweet tea, a Captain D's favorite. For more information, please visit www.captainds.com.
Contact:
Nate Rubinstein
Fish Consulting
954-893-9150
nrubinstein@fish-consulting.com
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SOURCE Captain D's | https://www.kxii.com/prnewswire/2022/08/02/captain-ds-expands-memphis-footprint-with-grand-opening-new-restaurant-deal-develop-10-more-region/ | 2022-08-02T14:50:52Z |
CHICAGO, July 12, 2022 /PRNewswire/ -- Titan International, Inc. will release its second quarter 2022 financial results, after the close of the market on Monday, August 1st to be followed by a teleconference and webcast on Tuesday, August 2nd, at 9:30 a.m. Eastern Time.
The real-time, listen-only webcast can be accessed using the following link https://events.q4inc.com/attendee/382414202 or on our website at www.titan-intl.com within the "Investor Relations" page under the "News & Events" menu (https://ir.titan-intl.com/news-and-events/events/default.aspx). Listeners should access the website at least 10 minutes prior to the live event.
A webcast replay of the teleconference will be available on our website (https://ir.titan-intl.com/news-and-events/events/default.aspx) soon after the live event.
In order to participate in the real-time teleconference, with live audio Q&A, participants should use one of the following dial in numbers:
United States Toll Free: 1 844 200 6205
United States: 1 646 904 5544
All other locations: +1 929 526 1599
Participants Access Code: 962862
About Titan: Titan International, Inc. (NYSE: TWI) is a leading global manufacturer of off-highway wheels, tires, assemblies, and undercarriage products. Headquartered in West Chicago, Illinois, the company globally produces a broad range of products to meet the specifications of original equipment manufacturers (OEMs) and aftermarket customers in the agricultural, earthmoving/construction, and consumer markets. For more information, visit www.titan-intl.com.
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SOURCE Titan International, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/12/titan-international-inc-announce-second-quarter-2022-financial-results-august-1st/ | 2022-07-12T22:12:05Z |
Forty-Two Percent of Newly Appointed Corporate Board Directors in Q1 2022 Were Women
LOS ANGELES, June 9, 2022 /PRNewswire/ -- 50/50 Women on Boards™ (50/50WOB), the leading non-profit education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards, announced that as of March 31, 2022, women hold 27.3% of the Russell 3000 company board seats. The year-over-year increase from 2021 is 2.9%. 42% of the 667 directors who joined boards in Q1 2022 were women, a decrease from 48% in Q3 and Q4 of 2021, but slightly higher than 41% in Q1 2021.
Using the data provided by Equilar, other significant key findings include:
- With Russell 3000 Index companies, 265 (9%) have gender-balanced boards, 1,217 (42%) have 3+ women on boards and 1,394 (49%) have 2 or less women on boards.
- 86% of the seats gained by women directors were added to a board rather than waiting for a man to retire.
- 26% of directors reported their race and ethnicity, up from 21% in Q4 2021, with 5% identifying as Asian / Pacific Islander, 7% as Black / African American, 3% as Hispanic / Latino and 1% as Indigenous People, Middle Eastern / North African, Multiracial, or Other.
- Of the 25 states with over 20 companies, 21 have greater than 25% women on the boards, up from 17 states in Q4 2021. The states that newly exceeded 25% are Colorado, Maryland, Tennessee, and Texas. California with 32.5% and Washington state with 30.5% are the two states with over 30% women.
- Sectors that exceeded the national average of women include utilities (31.9%), consumer defensive (30.7%), consumer cyclical (30.3%), and real estate and technology (28%).
In Q1 2022 in California, women only gained 25 seats, a dramatic difference from 100 or more seats gained between Q3 and Q4 2021, when companies had a deadline to meet to comply with SB 826. With SB 826 and AB 979 deemed unconstitutional in May 2022, the slower pace could reflect companies taking their foot off the pedal.
"The recent ruling that SB 826 is unconstitutional, only reinforces the critical need for 50/50 Women on Boards to continue our mission to educate women on how to obtain board seats and collaborate with corporations to drive the business imperative of gender-balanced and diverse boards," said Betsy Berkhemer-Credaire, CEO of 50/50 Women on Boards. "The LA County judge's decision to overturn SB 826 is in process of being appealed by the State of CA, and we are confident it will be reinstated by higher courts."
To read the full report, please visit https://5050wob.com/reports/.
To further educate and advocate for women, 50/50 Women on Boards facilitates a series of educational board workshops that provide women the steps to pursue a board position at any stage in their career. To register, visit https://5050wob.com/workshops/.
50/50 Women on Boards™ (50/50WOB) is the leading nonprofit 501(c)3 education and advocacy campaign driving the movement toward gender balance and diversity on corporate boards. Since 2011 the campaign has published its 50/50 Women on Boards Gender Diversity Index™ directory and research reports to track the gender and racial diversity of Russell 3000 company board directors by board size, state, sector, and rating. Public awareness campaigns and educational programs produced by 50/50WOB include The Global Conversation on Board Diversity™ and its series of workshops designed for women or corporate groups of women striving to advance as leaders or pursue a board seat. For more information, visit www.5050wob.com.
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SOURCE 50/50 Women on Boards | https://www.kxii.com/prnewswire/2022/06/09/5050-women-boards-first-quarter-2022-gender-diversity-index-reveals-women-now-hold-273-board-seats/ | 2022-06-09T15:28:52Z |
Storm topples tree causing it to block roadway and golf club chips in to help
By Adam Murphy
Click here for updates on this story
ATLANTA (WGCL) — Nestled in the East Lake community, next to the oldest golf course in Atlanta, there’s trouble in the rough.
A strong storm knocked over a tree on Alston Drive causing it to block the roadway early Friday morning.
“The only thing I’m a little concerned about later in the day today is kids walking home from school,” an East Lake Golf Club member said. “We’re trying to get it removed as fast as we can. As fast as we can.”
Homeowners called the city and were told it would take 24-hours to remove. Then they got a stroke of luck from members of the East Lake Golf Club.
“Yes, exactly. No pun intended. That’s great they’re cleaning it up so fast,” homeowner Rick Langford said.
The golf club swung into action and called their own arborists out to get the job done sooner.
“We’ll try to be good neighbors,” an East Lake Golf Club member said.
“We like living across the street from the golf course because when the bad weather is coming, they blow a siren to get the golfers off so if we’re out in the yard working, we know get in quick,” Langford said.
The tree service cut up and removed the debris quickly so that cars and people could get around it.
“I’ll get a better view of the #1 green,” Langford said.
It’s good thing the arborists chipped in when they did.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/05/07/storm-topples-tree-causing-it-to-block-roadway-and-golf-club-chips-in-to-help/ | 2022-05-07T22:31:34Z |
Best known for its best-selling Mighty Patch line, Hero Cosmetics celebrates five years as a leader in functional skincare & named to the 2022 Inc. 5000 List
NEW YORK, Aug. 16, 2022 /PRNewswire/ -- Hero Cosmetics, a next-generation leader in functional skincare, is celebrating its five year anniversary. In just five years, Hero Cosmetics has accomplished rapid growth and launched innovative products that have changed the skincare industry.
Co-founded in 2017 by Ju Rhyu, Dwight Lee and Andrew Lee, Hero Cosmetics launched with one product and now, five years later, the brand has over 25 skus and annual revenue well into the nine figures.They have built a business with a rare combination of ultra high growth and strong profitability.
"Hero's success has exceeded my wildest expectations and is built upon bringing innovative, real solutions to a whole new consumer segment. We're just scratching the surface with where this brand can go and have big plans for 2023 and beyond," said Ju Rhyu, Co-founder, and CEO of Hero Cosmetics.
Rhyu, Lee, and Lee first launched with the Mighty Patch Original as a test on Amazon. Five years later, the Mighty Patch Original has over 100,000 customer reviews on Amazon and is consistently the #1 best-selling beauty product on the channel - a testament to the brand's cult-favorite status. Today, there are 7 varieties of patches, and a box of Mighty Patch sells every 2 seconds. On TikTok, #MightyPatch has over 160,000,000 views and the view count rapidly increases each day.
Beyond the meteoric success of the Mighty Patch, Hero Cosmetics was able to become the brand it is today because of its innovative solutions for acne-prone skin including Rescue Balm, a post-blemish recovery balm, Force Shield Superlight Sunscreen, a mineral SPF formulated especially for acneic skin, Lightning Wand, a daily brightening serum to help minimize the look of dark spots.
Hero Cosmetics has been ranked 132nd on the 2022 Inc. 5000 List of Fastest Growing Companies in America. This marks the company's first appearance on the list, with Hero Cosmetics reporting an impressive 3,505% three-year revenue growth. This award follows a number of accolades for Ju Rhyu, who was honored as a recipient of a 2022 CEW Female Founder Award. Hero Cosmetics was also recently recognized on Women's Wear Daily's 2022 Power List with WWD sharing, "Talk about an apt name. After starting her business with a simple pimple patch, Hero Cosmetics founder Ju Rhyu has broadened her strategic vision to include a robust retail footprint and a "problem-solution" mind-set to conquering the skin care category." Since launch, Hero Cosmetics has won over 35 top tier editorial awards including Allure Best Of Beauty, Glamour Beauty Awards and Shape Skin Awards. "It's an honor to be recognized in the industry by leading publications such as Inc., CEW, and WWD. It validates what we're trying to do which is to help people reclaim skin confidence and the industry is taking note" shared Rhyu.
Hero Cosmetics products are available on herocosmetics.us and Amazon.com as well as at national retailers Target, Ulta Beauty, CVS, and more. The brand has built strong partnerships with these retailers, where it has been rapidly expanding its assortment and shelf presence.
Hero Cosmetics is a functional skin solutions brand focused on acne-prone skin. The brand makes products for every type of pimple problem for anyone who's ever had a breakout. Hero offers a complete regimen for acne-prone skin which started with the Mighty Patch and now extends into a holistic skincare routine with products like Clear Collective, Rescue Balm, Lightning Wand, and Force Shield SPF. The products work to address the full lifecycle of breakouts. Hero provides your skin the tools it needs to fight on its own so you can take back control and reveal the hero inside.
Media Contact: Foundation hero@wearefoundation.co
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SOURCE Foundation | https://www.kxii.com/prnewswire/2022/08/16/hero-cosmetics-celebrates-its-five-year-brand-anniversary-after-another-year-rapid-growth/ | 2022-08-16T18:43:18Z |
NEW YORK, July 5, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Nuvation Bio Inc. ("Nuvation" or the "Company") (NASDAQ: NUVB). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Nuvation and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On June 27, 2022, Nuvation issued a press release "announc[ing] the Food and Drug Administration (FDA) has placed a partial clinical hold on the Company's Phase 1 dose escalation study of NUV-422 in solid tumors, including high grade glioma, HR+/HER2- advanced breast cancer and metastatic castration resistant prostate cancer." The press release stated that "[f]ollowing the emergence of uveitis, a form of inflammation in the eye, in certain patients receiving NUV-422, the Company proactively paused enrollment of new patients in order to further assess these adverse events with investigators and uveitis experts, and also reached out to the FDA for guidance around an appropriate path forward. While the partial hold is in place, no new patients will be enrolled in the NUV-422 program, although current study participants may continue to be treated in the Phase 1 study."
On this news, Nuvation's stock price fell $0.55 per share, or 13.13%, to close at $3.64 per share on June 27, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/07/06/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-nuvation-bio-inc-nuvb/ | 2022-07-06T04:20:43Z |
Second Heart Homes expands homeless outreach to Manatee County
BRADENTON, Fla. (WWSB) - A mental health and supportive-housing program for homeless adults in Sarasota is expanding its work into Manatee County.
Second Heart Homes recently purchased a property in Bradenton on June 9, expanding its program capacity to serve 43 men and women. Homelessness is up 25 percent in Manatee County since September, and more than 65 percent of those are homeless for the first time.
Second Heart Homes’ high-touch, tailored-services approach sets it apart from other homelessness nonprofits by providing long-term housing and care that revives dignity, establishes stability, and teaches independence. Clients come to the organization based on their commitment to address their mental and physical health, remain sober and achieve personal goals toward self-sufficiency. Many later rejoin the community.
“Pandemic economic woes and runaway inflation have accelerated affordable housing and mental-health crises,” said Megan Howell, founder and executive director of Second Heart Homes. “Community support helped us rapidly extend our program to meet this urgent community need.”
The purchase of the new property was enabled by a $300,000 grant from Charles & Margery Barancik Foundation. Other community leaders came together quickly to support the purchase, too, Howell said.
Since being founded in 2019, the organization has provided its clients with more than 10,000 nights of living off the street. This has helped alleviate the strain on emergency and other social services personnel to care for homeless individuals, as well as the prevalence of panhandling.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/11/second-heart-homes-expands-homeless-outreach-manatee-county/ | 2022-07-11T15:51:20Z |
GREENSBORO, N.C., July 18, 2022 /PRNewswire/ -- The Brooks Group promoted Josh Winters to Vice President and General Manager of Government Services.
Josh, who served in the United States Marine Corp Infantry (0351) with a secondary MOS (8621) doing countersurveillance and counterintelligence operations in deployments to Iraq, Afghanistan, and Haiti, will be responsible for the successful execution, management, and growth of our Government Services business unit.
Entering his previous position as the Vice President of Sales in January 2020, Josh was instrumental in ensuring The Brooks Group adapted to the persistent challenges caused by the pandemic. His highly competitive nature coupled with his natural problem-solving abilities helped him lead and motivate our sales team to find the best possible solutions for our private sector clients over the last few years.
"I am extremely proud of all of Josh's hard work, dedication, and commitment to fulfilling our company's vision, and I look forward to seeing him excel in his new role" Gary Fly, CEO of The Brooks Group commented.
The Brooks Group teaches straightforward, actionable sales training skills to sales managers and their teams. Their IMPACT Selling® Sales Training Program has been taught to over one million sales professionals nation-wide, and they've been recognized as one of the top sales training companies annually since 2010.
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SOURCE The Brooks Group | https://www.mysuncoast.com/prnewswire/2022/07/18/brooks-group-names-josh-winters-vp-gm-government-services/ | 2022-07-18T13:09:02Z |
Over the past few weeks, there have been many letters written concerning the proposal by the Temple City Council to hire an outside firm to measure, rectify and teach equality to the city, staff, citizens and anyone else who will listen.
Having been born, reared, worked and probably will die here in Temple I want to chime in on this issue. Going to school in Temple in the 1960s and ’70s, there was no debate about equality. My folks raised me to believe everyone was equal, rich, poor, black, white, brown or any color.
To me, education of diversity begins at home. If a city or an area is not diverse and exudes equality, it is a flaw of the human system, not the political system. Has there been many examples of mistreatment of people due to being of a different race, a different lifestyle, or a different political party even? We all know there are some amongst us who have ill feelings toward everyone. Truth be known, probably to themselves.
It is my belief that we don’t need to spend $100,000 to determine equality or teach equality. We have very smart, compassionate, and caring people right here in this city that would jump at the chance to teach and help to change actions of a few.
Dan Wills and I were charged with teaching the first Cultural Diversity training for over 100 Temple PD officers and employees 20-plus years ago. We didn’t need to spend $100,000 to do that.
All we needed was a belief it would make a difference. Temple, use the professionals you have here ... not from some other city ...
Randy Dixon
Temple | https://www.tdtnews.com/news/letters_to_the_editor/article_900cb0a2-2312-11ed-aca2-03deb5a705cc.html | 2022-08-24T00:51:50Z |
Police: Teen charged with smothering sister, 3, to quiet her
Published: Jul. 18, 2022 at 11:24 PM EDT|Updated: 22 minutes ago
ALTAMONTE SPRINGS, Fla. (AP) - A teen in Florida is facing a manslaughter charge after police say she killed her 3-year-old sister by putting a pillow over her head after their mother told the girl to quiet the toddler.
The 16-year-old girl was arrested Friday in an Orlando suburb.
A police report says the 3-year-old girl was being loud so their mother asked her older daughter to keep her younger sister quiet in a hotel suite’s living room while she was on the phone for work in the bedroom.
Police say the teenager put a pillow over her sister’s head to quiet her and when the woman returned to the room, the toddler was unresponsive.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/19/police-teen-charged-with-smothering-sister-3-quiet-her/ | 2022-07-19T03:46:40Z |
HOUSTON (AP) — Astros reliever Héctor Neris whizzed a pitch at Mariners slugger Ty France, and Seattle manager Scott Servais led his team toward a melee at home plate. Both sides shoved and shouted — except for cool-headed 21-year-old Julio Rodriguez, who wrapped up Neris in his arms and pulled him safely away from the scuffle.
The Mariners star rookie wasn’t as protective when stepped in the batters’ box moments later.
Rodriguez hit a two-run homer in the ninth inning moments after Servais was ejected for his role in a benches-clearing fracas, Cal Raleigh added a career-high four RBIs and the Mariners beat Houston 7-4 Monday night.
Rodriguez kept it calm during the tense ninth inning, when Neris drilled Ty France with a pitch, then he let out his emotions with a vicious yell near first base after connecting.
“After that whole situation and to be able to deliver for a team like that … I definitely was fired up,” he said. “I never really talk or yell during my homers like that. But given the situation I felt I needed to do it and kind of let all my emotions go out.”
The trouble began when with two outs in the ninth, when Neris plunked France in the back. Players and coaches on both sides began chirping at each other, and Servais led the way as Seattle’s bench emptied to confront the Astros near home plate.
“All I know is our best hitters is in there, it’s two out in the ninth and you throw the first pitch behind him,” Servais said. “It’s pretty obvious.”
Rodriguez pulled Neris away from the scrum, while Servais and Houston manager Dusty Baker were at the center of the pushing and shoving, with Servais pointing and shouting repeatedly at Astros first base coach Omar Lopez.
Servais and Lopez were ejected, and both benches were given warnings.
Rodríguez homered and J.P. Crawford walked before Neris was ejected after throwing a pitch behind Eugenio Suarez’s head. Baker was also automatically ejected because of the warning.
Baker denied that Neris intentionally threw at either player.
“The pitch behind France, in a one-run game you’re not going to put anybody on, nobody is throwing at him,” Baker said. “We don’t do that anyway. It was a series of bad events and I don’t want to talk about it too much more because I’m already kind of (upset).”
Neris also denied that his errant pitches were on purpose and even France didn’t believe the one that hit him was intentional.
“The timing wasn’t right for it to be intentional,” France said. “So I don’t know if it was not, but I don’t think it was.”
Servais raved about the poise Rodriguez showed to give the Mariners some insurance with his homer.
“Some guys step up in those moments,” he said. “You get the emotion and you get a little edge to you. It’s a good thing.”
Raleigh’s three-run homer gave Seattle a 4-1 lead in the second inning, but the Astros scored three runs in the bottom of the inning to tie it.
The game was still tied in the fourth when Adam Frazier doubled with no outs. The Mariners went on top 5-4 when Frazier scored on a two-out single by Raleigh.
Mariners starter Robbie Ray (5-6) allowed eight hits and four runs — three earned — while walking three in five innings. Diego Castillo pitched a scoreless ninth for his third save.
Houston starter Cristian Javier (3-3) struggled, allowing six hits and five runs in 3 2/3 innings after entering the game 3-0 with a 0.40 ERA in six career games, with three starts against the Mariners.
Jose Altuve, Kyle Tucker and Chas McCormick each hit a solo homer for the Astros, but they couldn’t do much else on offense, going 1 for 9 with runners in scoring position.
The Mariners led early after an RBI double by Crawford in the first inning.
Houston tied it when Altuve sent Ray’s third pitch of the game into the seats in left field. It was his sixth leadoff homer this season, which ranks second in the majors behind Toronto’s George Springer, who has seven. It gives him 175 career homers, which moves him past Springer into sole possession of fifth place on Houston’s all-time list.
TRAINER’S ROOM
Mariners: RHP Erik Swanson (right elbow inflammation) is scheduled to make one more rehabilitation appearance with High-A Everett before coming off the injured list to join the team sometime during their next homestand, which begins Friday.
HONORED
On the day that Houston’s Yordan Alvarez and the Astros finalized a $115 million, six-year contract extension, the slugger was named the AL Player of the Week.
Alvarez led the majors in hits (13), average (.565), slugging (1.217) and OPS (1.847) last week to win the award for the first time in his career. He hit four home runs and had eight RBIs.
UP NEXT
Houston’s Justin Verlander (6-2, 2.23 ERA) opposes Chris Flexen (2-6, 4.55) when the series continues Tuesday night.
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/benches-clear-in-9th-servais-tossed-as-mariners-beat-astros/ | 2022-06-08T02:47:56Z |
PITTSBURGH, Sept. 13, 2022 /PRNewswire/ -- "I wanted to create a way to prevent a family pet from accidentally pressing the power control switches at the inner door panel while riding in the car," said an inventor, from Tylertown, Miss., "so I invented the CONTROL SWITCH COVER. My design would alleviate concern over the pet opening the window or activating the door locks."
The invention provides an effective way to shield the control switches at a vehicle's inner door panel. In doing so, it prevents inadvertent activation by a pet. It also protects against moisture associated with weather and spills. As a result, it enhances safety and convenience. The invention features a simple and reliable design that is easy to apply and use so it is ideal for vehicle owners, especially those with pets. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Jackson sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-JTK-134, 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/2022/09/13/inventhelp-inventor-develops-control-switch-cover-vehicles-jtk-134/ | 2022-09-13T17:13:14Z |
CALIFORNIA, Md., Sept. 6, 2022 /PRNewswire/ -- Sierra Management and Technologies, Inc. (Sierra) today announced that Keith Nixon has been appointed as the company's Managing Director. In this new role, Nixon will oversee all of Sierra's client-facing operations.
Sierra is an industry-leading provider of logistics and weapons systems, life cycle sustainment support services and technologies in software engineering, and application development for the nation's defense, federal, and commercial sectors.
Nixon, who joined Sierra in 2020, previously served in the United States Navy for four decades, retiring as a Captain. While serving in the Navy, Keith was an Aviation Maintenance Duty Officer focused on logistics, maintenance, and program management and culminated his career as the Commanding Officer of Fleet Readiness Center Mid-Atlantic and its 2,500 men and women. Prior to joining Sierra, Nixon worked for Booz Allen for two years, serving as a senior advisor to Naval Aviation leadership. Since joining Sierra, Keith has supported the NAVAIR Sustainment Group (NSG), providing superior support to numerous cutting-edge initiatives aimed at increasing readiness and reducing cost of Naval Aviation. This new title reflects the superb value Nixon has added to Sierra since joining the company.
In addition to Nixon's appointment, Jose Lebron has been named Chief of Staff for Sierra and will work alongside Nixon and President and CEO Jeff Wynne to ensure the company continues to provide world-class support to Sierra's customers on time and on budget.
Wynne will retain overall responsibility for company performance, including providing vision, leadership, and guidance in establishing the company's short and long-term growth strategy. To achieve this growth strategy, Wynne will maintain his focus on growing organically and through partnerships with strategically aligned firms while aggressively looking for future acquisition opportunities.
Wynne said: "Keith Nixon is an exceptional leader who has been instrumental in Sierra's continued success since joining the company in 2020. His experience as a senior naval officer makes him the ideal person to lead our client-facing operations while also providing invaluable guidance and leadership executing our strategy. Keith knows our customers, they know him – and they trust him. He has the quality of leadership and vision that companies come across rarely. As CEO, I am grateful to Keith for taking on this expanded role which will ensure optimal alignment of Sierra's resources and allow me the time and bandwidth to focus my efforts to work strategically on how Sierra will grow its business."
Nixon said: "I look forward to leading Sierra's incredibly talented work force in meeting our clients' most challenging requirements in supporting the Warfighter. Team Sierra will continue to look for new opportunities to support the Navy in delivering innovative and impactful solutions focused on improving Capability, Availability and Affordability of our nation's weapons systems."
Earlier in 2022 Sierra announced significant contract awards – both new business as well as continuation of legacy work – that have Sierra ideally positioned for growth while also ensuring the company serves its customers and helps them achieve their critical missions. A press release regarding those contracts can be found here.
Sierra Management and Technologies, Inc. provides industry leading technologies in software engineering, application development, and logistics for the nation's defense, federal, and commercial sectors.
SIERRA MANAGEMENT AND TECHNOLOGIES, INC., IS A SMALL, DISADVANTAGED, MINORITY-OWNED BUSINESS.
Douglas Kiker
(202) 903-6739
douglas@indelable.com
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SOURCE Sierra Management and Technologies | https://www.mysuncoast.com/prnewswire/2022/09/06/sierra-management-technologies-announces-promotion-keith-nixon-managing-director/ | 2022-09-06T14:41:22Z |
Inspire Investing grows to $1.9B in assets for a spot in the Top 50 Fastest Growing list of registered investment advisors (RIA), while sister company Inspire Advisors grows to $446M in assets and #1 Fastest Growing RIA in Idaho through a dedicated passion for advancing the biblically responsible investing movement.
BOISE, Idaho, July 21, 2022 /PRNewswire/ -- The Inspire Impact Group of companies is making headlines for the rapid growth of their faith-based investing subsidiaries, Inspire Investing and Inspire Advisors.
Inspire Investing, known for its pioneering work in biblically responsible ETF and asset management, was named in FA Magazine's "Top 50 Fastest Growing RIA" list for the third year in a row, growing assets by 51% during 2021 to a total of $1.984B assets under management.
Inspire Advisors is the wealth management arm of the Inspire Group and ranked as the #1 fastest growing RIA firm in the state of Idaho, growing to $446M in assets under management over the previous year. Citywire RIA magazine published the annual state-by-state list of top-growing RIAs and gave credit to Inspire Advisors' faith-based approach as the reason for their success, "Inspire Advisors has leaned on what it describes as 'Biblically responsible investing' to top the charts in Idaho."
Inspire's leadership are no strangers to fast growth. The Financial Times ranked Inspire as the #131 fastest-growing public or private company in North and South America this year. Inspire has also been featured in the 2020 and 2021 Inc. 5000 list of fastest-growing private companies in the United States.
"There are millions of Christian investors around the world who feel left behind by Wall Street," commented Robert Netzly, CEO of the Inspire group of companies, "and we are helping them invest their money to support biblical values for the glory of God in ways never before available. Our growth is proof that this movement is for real, and I believe it is only just getting started."
Inspire is a leading provider of biblically responsible exchange-traded funds (ETFs) and creator of the globally recognized Inspire Impact Score™, used by investors worldwide to measure the biblical alignment of their investments according to Biblically Responsible Investing (BRI) principles.
Inspire Advisors is a leading provider of faith-based investment advice and financial planning, with over a dozen wealth management offices across the country. Inspire Advisors comprehensive, biblically responsible investment platform is integrated around the globally recognized Inspire Impact Score™, which investors around the world use to measure the biblical alignment of their investments according to Biblically Responsible Investing (BRI) principles. Investors can contact Inspire Advisors for a no-obligation conversation or download a free copy of their "15 Minute Guide To Biblically Responsible Investing" at inspireadvisors.com.
Investment advisory services offered through Inspire Advisors, LLC and Inspire Investing, LLC, both Registered Investment Advisors with the SEC.
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SOURCE Inspire Investing | https://www.mysuncoast.com/prnewswire/2022/07/21/inspire-group-snags-1-fastest-growing-investment-firm-idaho-top-50-nationwide/ | 2022-07-21T12:44:20Z |
Which futon chair is best?
The futon has long been a space-saving piece of furniture for college students and studio apartment dwellers, but they aren’t the only option. Futon chairs are also available to save even more space or simply increase the amount of seating and sleeping options for your guests. Many can also be converted into a lounger as a middle option between bed and chair.
The best futon chair is the Gia Tri-Fold Convertible Sofa Bed Chair With Removable Pillow And Legs. It’s stylish, easy to use and takes up little space.
What to know before you buy a futon chair
Size
For futon chairs, the most important dimension is their width. Few chairs have a width larger than that of a twin mattress — roughly 2.5 feet wide. It’s a size of bed usually reserved for children.
The length of its extended forms is also important. Most are roughly 5.8 feet long but there are some options as long as 6.25 feet long. It’s always best to pick the longest chair you can find in the event you host a tall individual.
Forms
Some futon chairs only fold between a chair or lounger and a bed while others can be situated as all three. Some models even have a cushion that can be folded up to act as a pillow or folded down for extra bed length.
What to look for in a quality futon chair
Material
Futon chairs’ materials can be split between their frame and their exterior.
- Frame: Most frames are made of metal or wood. Metal frames are more affordable but limited in design. Wood is more expensive and durable but much heavier, making it harder to position as needed. It also has more design options based on the type of wood used and whether it has a finish or not.
- Exterior: The exterior can be made from a much wider variety of materials. Linen, faux leather and velvet are common options. Few materials are hard to keep clean, but the simplest use removable covers that can be tossed into a washing machine.
Weight limit
All pieces of furniture have weight limits, and futon chairs are no different. Most chairs have a weight limit of 200 pounds, which is low for most households. Better models can support 250-350 pounds, but the best are sturdy enough to hold more.
Cushioning
Cushioning affects your comfort and the futon chair’s durability. Many use cotton-polyester padding as it’s cheaper but less durable. Better options use some kind of foam which is more durable, but a little tougher to sleep on.
How much you can expect to spend on a futon chair
Futon chairs typically cost $75-$500. The cheapest options rarely exceed $125, but they aren’t very comfortable. Better options cost up to $200, but the best and most comfortable chairs typically cost at least $300.
Futon chair FAQ
Why should I use a futon chair instead of a standard futon?
A. Futon chairs have a few key points that make them better options than futons in some situations.
- They’re small: Futon chairs take up less than half the space of a futon on average, making them perfect for extra-tight living situations.
- They’re light: Sometimes you need, or just want, to rearrange your furniture. If you find yourself rearranging often, futon chairs can easily be moved on your own.
- They’re simple: Sometimes, futons can be complex enough to switch orientations to inspire frustration. Futon chairs are rarely so complex.
- They’re affordable: A common aspect of pricing is if it’s bigger, it costs more. Futon chairs can save you plenty of money in tightly-budgeted situations.
How long can a futon chair’s bed be slept on comfortably?
A. That depends on the person, but even the least picky and affected people likely won’t be able to sleep on one for longer than a few days before they start developing aches and pains.
What’s the best futon chair to buy?
Top futon chair
Gia Tri-Fold Convertible Sofa Bed Chair With Removable Pillow And Legs
What you need to know: It’s attractive and easy to use.
What you’ll love: It’s made of polyester with high-density foam padding. It can be used as a chair, a chaise lounger or a 74.8-inch long sleeper futon. It comes in four colors including light and dark gray. The pillow is perfect for back support and for sleeping.
What you should consider: It’s narrow in all of its positions at only 30.7-inches wide, making it uncomfortable for larger people. Some consumers felt it was too hard for comfortable sleeping.
Where to buy: Sold by Amazon
Top futon chair for the money
Urban Shop Ultra Suede Convertible Flip Chair
What you need to know: It’s simple, effective and cheap.
What you’ll love: It can be positioned as a chair, chaise lounger or bed with the bed orientation letting you leave the pillow up or fold it down for extra length. The dark blue color fits with most aesthetics and the suede material looks great and feels soft. It comes fully assembled.
What you should consider: It sits directly on the ground, making it hard for those with bad backs and joints to get in and out of comfortably.
Where to buy: Sold by Amazon
Worth checking out
DHP Emily Chaise Lounger With Chrome Legs
What you need to know: It’s comfortable and can be part of a set.
What you’ll love: It’s available in two colors of linen, two colors of velvet and four colors of faux leather. It can be purchased alone or as a set with a matching standard futon. A matching ottoman can also be purchased. The legs make getting in and out of the bed position easier.
What you should consider: It doesn’t fold up to be used as a standard chair. Some purchasers received damaged loungers and there are rare reports of some being pest-infested.
Where to buy: Sold by Amazon
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Jordan C. Woika writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/best-futon-chair/ | 2022-05-07T13:25:14Z |
Jerry Hood Stephens, Jr.
Jerry Hood Stephens, Jr., age 85, of Morgan, Texas and formerly of Temple, Texas, passed away at his residence on August 17, 2022.
He was a simple man and wanted things to remain simple after he passed. So per his wishes he will be cremated and no services will take place.
Jerry Hood Stephens, Jr., was born on February 6, 1937 in Atlanta, Georgia to Dr. Jerry Hood Stephens, Sr. and Dorothy Louise Mullins. He graduated from Temple High School in 1955 and soon after married Dorothy Evelyn Davis on September 8, 1956. He served in the United States National Guard for 10 years. Jerry was a member of the Masonic Lodge of Temple and the Scottish Rites of Waco. He was an excellent mechanic and could fix just about anything. He loved cars, motorcycles and boat racing. Jerry was a member of the First Christian Church of Temple.
Left to cherish his memories are his wife, Dorothy Stephens; daughters, Dottie Stephens and Nan Chestnut; granddaughters, Shanna Kopp and Leah Karl; great-grandchildren, Haley Campbell, Kortney Karl, Alyssa Kopp, Kaylin Karl and Kadence Karl.
Preceded in death by his parents; and grandson, Jerry John Chestnut.
Arrangements were entrusted to Lawson Funeral Home, Meridian, Texas 254-435-2792.
Paid Obituary | https://www.tdtnews.com/obituaries/article_456e8f8c-224c-11ed-90ee-27b6efdf790c.html | 2022-08-23T10:26:51Z |
NEW YORK (AP) — McSweeney’s has raised just over $300,000 — exceeding its goal by $25,000 — in the two months since announcing it was buying back The Believer, the acclaimed literary publication that nearly went out of business last year.
Around 1,500 people gave money for the Kickstarter campaign, averaging roughly $200 per contribution.
“Work like ours requires an engaged group of supporters and readers who believe in what we’re doing and stand behind it,” McSweeney’s’ publisher and executive director, Amanda Uhle, said in a statement Wednesday.
The money will help McSweeney’s, an independent publisher based in San Francisco, pay for staffing, operations and contributing writers, according to Uhle.
The Believer, launched by McSweeney’s in 2003, has published works by Anne Carson, Nick Hornby, Leslie Jamison and many others. After McSweeney’s sold the magazine in 2017 to the University of Nevada, Las Vegas (UNLV), The Believer endured financial struggles, an editor-in-chief’s departure amid allegations that he exposed himself, its near closure in 2021 and the sale to a digital marketing company, that at one point included an article — the subject of much internet anger — titled “25 Best Hookup Sites for Flings, New Trysts, and Casual Dating” on The Believer’s website.
In May, McSweeney’s repurchased the magazine from Paradise Media and its CEO Ian Moe. | https://cw33.com/entertainment-news/ap-entertainment/publisher-of-the-believer-raises-300000-exceeding-goal/ | 2022-07-14T12:10:43Z |
FORNEBU, Norway, July 20, 2022 /PRNewswire/ -- Aker BP reports operating profit of USD 1,128 million and net profit of USD 188 million in the second quarter 2022. The acquisition of Lundin Energy's oil and gas activities was completed on 30 June.
Highlights
- Acquisition of Lundin Energy's oil and gas activities completed
- Launching a decarbonisation plan to be net zero across all operations by 2030
- On track to submit Plans for Development and Operations (PDOs) for around 900 mmboe (net) by the end of the year, with concepts selected for all projects
- Agreement signed with Equinor to assume operatorship of Krafla following PDO submission
- Strong free cash flow of USD 803 million*, net interest-bearing debt of USD 3.8 billion, and cash consideration for the Lundin transaction paid without adding new debt
- Credit rating upgrades from Standard & Poor's, Moody's, and Fitch Ratings
- Quarterly dividend increased by 11 percent to USD 0.525 per share
* Adjusted for consideration paid in the Lundin transaction
Financial summary
The Lundin transaction was completed on 30 June 2022. The transaction and the acquired business have been consolidated in the statement of financial position on a fair value basis per 30 June 2022, and will be included in the income statement as from 1 July 2022.
Comment from Karl Johnny Hersvik, CEO of Aker BP:
"I'm pleased to report that the Lundin transaction has been completed during the quarter, creating the E&P company of the future. The combined company has a more diversified and robust portfolio, with industry-leading low cost and low carbon emissions assets, and is positioned to deliver profitable growth into the next decade."
"Today we are launching a decarbonisation plan to be net zero across all operations by 2030, which fortifies our position as the leading E&P company, also with respect to our environmental footprint. We remain committed to reducing gross emissions across our operations and we have a clear pathway to reduce absolute emissions to close to zero by 2050."
"Financially, Aker BP is very robust. High oil and gas prices have contributed to strong cash flow, allowing us to complete the Lundin transaction without adding new debt while our credit ratings have been upgraded. Consequently, we are now able to further increase the dividend level."
"We continue to focus on the things we can influence and improve today. In the second quarter we produced 181.3 thousand barrels of oil equivalent per day, impacted by planned maintenance programmes. For the second half of 2022, we expect to more than double our production as we integrate the Lundin assets."
"I'm also pleased to report strong progress on Aker BP's growth agenda. All the planned PDO projects have now passed the concept select milestone and remain on schedule for PDO submission by the end of the year."
"In conclusion, we remain committed to our mission to maximize value creation for our shareholders, and we have never been in a better position to do so."
Conference call and webcast
The company will host a conference call to present its second quarter 2022 results today, 20 July 2022, at 08:30 CEST. The conference call will be available as a webcast on www.akerbp.com. To participate in the conference call, please use the dial-in numbers and passcode below.
Attachments
- Aker BP Second quarter 2022 report
- Aker BP Second quarter 2022 presentation
- Aker BP Strategy update 20 July 2022 (also included in the Second quarter 2022 presentation)
CONTACT:
Investor contacts:
Kjetil Bakken, VP Investor Relations, tel.: +47 91 889 889
Jørgen Torstensen, IR Officer, tel.: +47 95 48 37 07
Media contact:
Tore Langballe, VP Communications, tel.: +47 907 77 841
This information was brought to you by Cision http://news.cision.com
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SOURCE Aker BP ASA | https://www.kxii.com/prnewswire/2022/07/20/aker-bp-asa-second-quarter-2022-results/ | 2022-07-20T06:22:47Z |
NEW YORK, April 25, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
CDK Global, Inc. (NASDAQ: CDK)'s sale to Brookfield Business Partners and its institutional partners for $54.87 per share in cash. If you are a CDK shareholder, click here to learn more about your rights and options.
TEGNA Inc. (NYSE: TGNA)'s sale to an affiliate of Standard General L.P. for $24.00 per share in cash. If you are a TEGNA shareholder, click here to learn more about your rights and options.
LMF Acquisition Opportunities, Inc. (NASDAQ: LMAO)'s merger with SeaStar Medical, Inc. If you are an LMF Acquisition shareholder, click here to learn more about your rights and options.
Meritor, Inc. (NYSE: MTOR)'s sale to Cummins Inc. for $36.50 per share in cash. If you are a Meritor shareholder, click here to learn more about your rights and options.
Tenneco Inc. (NYSE: TEN)'s sale to funds managed by affiliates of Apollo Global Management, Inc. for $20.00 per share. If you are a Tenneco shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.mysuncoast.com/prnewswire/2022/04/25/shareholder-investigation-halper-sadeh-llp-investigates-cdk-tgna-lmao-mtor-ten/ | 2022-04-25T13:35:23Z |
(The Hill) — The Food and Drug Administration (FDA) has scheduled a joint meeting to discuss pharmaceutical company Perrigo’s application for what could be the first over-the-counter (OTC) daily birth control pill available in the U.S., the company announced Monday.
The joint meeting will be held on Nov. 18 with the FDA’s Nonprescription Drugs Advisory Committee and the Obstetrics, Reproductive, and Urologic Drugs Advisory Committee, according to Perrigo.
If approved by the FDA, Perrigo’s progestin-only daily pill would be the first non-prescription birth control pill available in the U.S. Perrigo filed its application to move its birth control pill from prescription to OTC in July.
The FDA declined to provide further comment on the meeting when reached by The Hill.
Consumer Healthcare Products Association (CHPA), a U.S. healthcare trade association, welcomed news of the FDA’s scheduled meeting.
“Pathways like Rx-to-OTC switch are instrumental in carrying out that mission on behalf of our member companies and American consumers,” said CHPA’s CEO Scott Melville. “We are pleased to see FDA evaluating broadened access to oral contraception and we look forward to sharing industry perspectives at this joint Committee meeting in November.”
Many countries in Latin America, Asia and Africa already allow for OTC birth control pills to be sold.
Perrigo filed its application just weeks after the Supreme Court overturned Roe v. Wade, leading to several states in the U.S. enacting total or near-total abortion bans. Supreme Court Justice Clarence Thomas’ concurring opinion sparked concerns that protected access to contraceptives could also be overturned.
The House in July passed the Right to Contraception Act, with eight Republicans joining Democrats in voting yes. The bill would codify access to contraception — including oral birth control, condoms and intrauterine devices — on the federal level.
Senate Democrats Ed Markey (Mass.), Patty Murray (Wash.), Mazie Hirono (Hawaii) and Tammy Duckworth (Ill.) sought unanimous consent to quickly pass the bill in July, but were blocked by Republican Sen. Joni Ernst (Iowa), though she herself has expressed support for expanded birth control access. Ernst argued that the bill went beyond just guaranteeing access to contraception. | https://cw33.com/news/nexstar-media-wire/fda-schedules-meeting-on-otc-birth-control-pill-application/ | 2022-09-14T18:12:40Z |
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