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NEW YORK, July 15, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Waste Management, Inc. (NYSE: WM).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/waste-management-inc-loss-submission-form/?id=29840&from=4
This lawsuit is on behalf of all purchasers of certain Waste Management redeemable senior notes between February 13, 2020 and June 23, 2020.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 8, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Waste Management, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) the U.S. Department of Justice had indicated to Waste Management that it would require Waste Management to divest significantly more assets than the $200 million indicated in the merger agreement between the Company and Advanced Disposal Services; (ii) as a result, the merger would not be completed by July 14, 2020, the end date under the merger agreement; and (iii) the Waste Management redeemable senior notes would be subject to mandatory redemption at 101% of par.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/07/15/wm-shareholder-alert-jakubowitz-law-reminds-waste-management-shareholders-lead-plaintiff-deadline-august-8-2022/ | 2022-07-15T10:43:40Z |
Same-sex couples updating legal status after abortion ruling
BIRMINGHAM, Ala. (AP) — Emails and phone calls from same-sex couples, worried about the legal status of their marriages and keeping their children, flooded attorney Sydney Duncan’s office within hours of the Supreme Court’s decision eliminating the constitutional right to abortion.
The ruling last week didn’t directly affect the 2015 decision that paved the way for same-sex marriage. But, Duncan said, it was still a warning shot for families headed by same-sex parents who fear their rights could evaporate like those of people seeking to end a pregnancy.
“That has a lot of people scared and, I think, rightfully so,” said Duncan, who specializes in representing members of the LGBTQ community at the Magic City Legal Center in Birmingham.
Overturning a nearly 50-year-old precedent, the Supreme Court ruled in a Mississippi case that abortion wasn’t protected by the Constitution, a decision likely to lead to bans in about half the states. Justice Samuel Alito said the ruling involved only the medical procedure, writing: “Nothing in this opinion should be understood to cast doubt on precedents that do not concern abortion.”
But conservative Justice Clarence Thomas called on his colleagues to reconsider cases that allowed same-sex marriage, gay sex and contraception.
The court’s three most liberal members warn in their dissent that the ruling could be used to challenge other personal freedoms: “Either the mass of the majority’s opinion is hypocrisy, or additional constitutional rights are under threat. It is one or the other.”
That prospect alarms some LGBTQ couples, who worry about a return to a time when they lacked equal rights to married heterosexual couples under the law. Many, fearful that their marital status is in danger, are moving now to square away potential medical, parental and estate issues.
Dawn Betts-Green and wife Anna Green didn’t waste time shoring up their legal paperwork after the decision. They’ve already visited a legal clinic for same-sex families to start the process of making a will.
“That way, if they blast us back to the Dark Ages again, we have legal protections for our relationship,” said Betts-Green, who works with an Alabama-based nonprofit that documents the history of LGBTQ people in the South.
As a white woman married to a Black transgender man, Robbin Reed of Minneapolis feels particularly vulnerable. A decision undermining same-sex marriage or interracial unions would completely upend Reed’s life, which includes the couple’s 3-month-old child.
“I have no expectation that anything about my marriage is safe,” said Reed, a legal aide.
Reed’s employer, Sarah Breiner of the Breiner Law Firm, is setting up seminars in both the Twin Cities and the Atlanta area to help same-sex couples navigate potential legal needs after the court’s decision. Breiner said helping people remain calm about the future is part of her job these days.
“We don’t know what might happen, and that’s the problem,” Breiner said.
In a sign of what could come, the state of Alabama already has cited the abortion ruling in asking a federal appeals court to let it enforce a new state law that makes it a felony for doctors to prescribe puberty blockers and hormones to trans people younger than age 19. The decision giving states the power to restrict abortion means states should also be able to ban medical treatments for transgender youth, the state claimed.
Any attempt to undo gay marriage would begin with a lawsuit, and any possible rollback is years away since no major legal threat is on the horizon, said Cathryn Oakley, senior counsel and state legislative director with the Washington-based Human Rights Campaign, an LGBTQ advocacy organization.
“This is definitely a scary moment and people are nervous, but peoples’ marriages are still safe,” Oakley said.
Although the threat to same-sex couples feels particularly acute in conservative states, Oakley said she’s heard of people all over the country in recent days seeking second-parent adoptions, which protect a family by having the names of both adoptive parents on the birth certificate. People also are completing medical directives in case one spouse is incapacitated and doing general estate planning, she said.
Ryanne Seyba’s law firm in Hollywood, Florida, is offering free second-parent adoptions, which are similar to step-parent adoptions, for qualified same-sex couples to help ease some of the stress caused by the possible ripple effects of the abortion decision.
“We realized last week when (the ruling) came out we needed to do something,” said Seyba of The Upgrade Lawyers.
A judge in Broward County plans to have a special day in August to finalize all the adoptions at once, Seyba said. If nothing else, completing the process should give nervous families more security, she said.
“If gay marriage goes away, we don’t really know what’s going to happen,” she said. “It’s better to be on the safe side.’’
___
Associated Press writer Kim Chandler in Montgomery contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/01/same-sex-couples-updating-legal-status-after-abortion-ruling/ | 2022-07-01T13:02:55Z |
TE Connectivity announces third quarter results for fiscal year 2022
Published: Jul. 27, 2022 at 6:00 AM EDT|Updated: 45 minutes ago
EPS growth and record sales above expectations, with growth across all segments
SCHAFFHAUSEN, Switzerland, July 27, 2022 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) today reported results for the fiscal third quarter ended June 24, 2022.
Third Quarter Highlights
Net sales were $4.1 billion, up 7% on a reported basis and 11% organically year over year, with strong growth across all segments.
Orders of $4.2 billion with a book to bill of 1.02 and backlog up more than 20% year over year, reflecting continued strong customer demand.
GAAP diluted earnings per share (EPS) from continuing operations were $1.83, up 5% year over year, and adjusted EPS were $1.86, up 4% year over year.
Cash flow from operating activities was $579 million, with approximately $500 million returned to shareholders.
Issued Connecting Our World Report, which highlights 30% reduction in absolute GHG emissions in fiscal year 2021 and other ESG achievements.
"I am pleased with our record third quarter performance and the strong execution by our global teams to once again deliver sales and EPS growth above expectations in what continues to be a dynamic macro environment," said TE Connectivity CEO Terrence Curtin. "We saw broad growth across all segments, with every one of our businesses growing organically, demonstrating the strength and strategic positioning of our portfolio as we consistently expand our leadership in long-term growth and sustainability trends including electric vehicles, cloud computing, factory automation and renewable energy. We continue to outperform the market – both through content growth and share gains – as our customers seek out our technology and solutions to enable an increasingly connected and electrified world. Our orders remain strong, and I am confident in our ability to continue navigating broader macro challenges to effectively serve our customers and secure design wins that will drive future growth."
Fourth Quarter FY22 Outlook For the fourth quarter of fiscal 2022, the company expects net sales of approximately $4.2 billion, reflecting an approximate 10% increase on a reported basis and an approximate 15% increase on an organic basis year over year. GAAP EPS from continuing operations are expected to be approximately $1.79, down 25% year over year, with adjusted EPS of approximately $1.85, up 9% year over year. The outlook includes the impact of an extra week in the fourth quarter.
Information about TE Connectivity's use of non-GAAP financial measures is provided below. For reconciliations of these non-GAAP financial measures, see the attached tables.
Conference Call and Webcast The company will hold a conference call today beginning at 8:30 a.m. ET. The dial-in information is provided here:
By telephone: For both "listen-only" participants and those participants who wish to take part in the question-and-answer portion of the call, the dial-in number in the United States is (888) 330-3417 and for international callers, the dial-in number is (646) 960-0804
A replay of the conference call will be available on TE Connectivity's investor website at investors.te.com at 11:30 a.m. ET on July 27, 2022.
About TE Connectivity TE Connectivity Ltd. (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions, proven in the harshest environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications, and the home. With more than 85,000 employees, including over 8,000 engineers, working alongside customers in approximately 140 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.
Non-GAAP Financial Measures We present non-GAAP performance and liquidity measures as we believe it is appropriate for investors to consider adjusted financial measures in addition to results in accordance with accounting principles generally accepted in the U.S. ("GAAP"). These non-GAAP financial measures provide supplemental information and should not be considered replacements for results in accordance with GAAP. Management uses non-GAAP financial measures internally for planning and forecasting purposes and in its decision-making processes related to the operations of our company. We believe these measures provide meaningful information to us and investors because they enhance the understanding of our operating performance, ability to generate cash, and the trends of our business. Additionally, we believe that investors benefit from having access to the same financial measures that management uses in evaluating our operations. The primary limitation of these measures is that they exclude the financial impact of items that would otherwise either increase or decrease our reported results. This limitation is best addressed by using these non-GAAP financial measures in combination with the most directly comparable GAAP financial measures in order to better understand the amounts, character, and impact of any increase or decrease in reported amounts. These non-GAAP financial measures may not be comparable to similarly-titled measures reported by other companies.
The following provides additional information regarding our non-GAAP financial measures:
Organic Net Sales Growth (Decline) – represents net sales growth (decline) (the most comparable GAAP financial measure) excluding the impact of foreign currency exchange rates, and acquisitions and divestitures that occurred in the preceding twelve months, if any. Organic Net Sales Growth (Decline) is a useful measure of our performance because it excludes items that are not completely under management's control, such as the impact of changes in foreign currency exchange rates, and items that do not reflect the underlying growth of the company, such as acquisition and divestiture activity. This measure is a significant component in our incentive compensation plans.
Adjusted Operating Income and Adjusted Operating Margin – represent operating income and operating margin, respectively, (the most comparable GAAP financial measures) before special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, and other income or charges, if any. We utilize these adjusted measures in combination with operating income and operating margin to assess segment level operating performance and to provide insight to management in evaluating segment operating plan execution and market conditions. Adjusted Operating Income is a significant component in our incentive compensation plans.
Adjusted Other Income (Expense), Net – represents net other income (expense) (the most comparable GAAP financial measure) before special items including tax sharing income related to adjustments to prior period tax returns and other items, if any.
Adjusted Income Tax (Expense) Benefit and Adjusted Effective Tax Rate – represent income tax (expense) benefit and effective tax rate, respectively, (the most comparable GAAP financial measures) after adjusting for the tax effect of special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, other income or charges, and certain significant tax items, if any.
Adjusted Income from Continuing Operations – represents income from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, tax sharing income related to adjustments to prior period tax returns and other tax items, other income or charges, and certain significant tax items, if any, and, if applicable, the related tax effects.
Adjusted Earnings Per Share – represents diluted earnings per share from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, impairment of goodwill, tax sharing income related to adjustments to prior period tax returns and other tax items, other income or charges, and certain significant tax items, if any, and, if applicable, the related tax effects. This measure is a significant component in our incentive compensation plans.
Free Cash Flow (FCF) – is a useful measure of our ability to generate cash. The difference between net cash provided by operating activities (the most comparable GAAP financial measure) and Free Cash Flow consists mainly of significant cash outflows and inflows that we believe are useful to identify. We believe Free Cash Flow provides useful information to investors as it provides insight into the primary cash flow metric used by management to monitor and evaluate cash flows generated from our operations. Free Cash Flow is defined as net cash provided by operating activities excluding voluntary pension contributions and the cash impact of special items, if any, minus net capital expenditures. Voluntary pension contributions are excluded from the GAAP financial measure because this activity is driven by economic financing decisions rather than operating activity. Certain special items, including net payments related to pre-separation tax matters and cash paid (collected) pursuant to collateral requirements related to cross-currency swap contracts, are also excluded by management in evaluating Free Cash Flow. Net capital expenditures consist of capital expenditures less proceeds from the sale of property, plant, and equipment. These items are subtracted because they represent long-term commitments. In the calculation of Free Cash Flow, we subtract certain cash items that are ultimately within management's and the Board of Directors' discretion to direct and may imply that there is less or more cash available for our programs than the most comparable GAAP financial measure indicates. It should not be inferred that the entire Free Cash Flow amount is available for future discretionary expenditures, as our definition of Free Cash Flow does not consider certain non-discretionary expenditures, such as debt payments. In addition, we may have other discretionary expenditures, such as discretionary dividends, share repurchases, and business acquisitions, that are not considered in the calculation of Free Cash Flow.
Forward-Looking Statements This release contains certain "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial condition or achievements to differ materially from anticipated results, performance, financial condition or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. We have no intention and are under no obligation to update or alter (and expressly disclaim any such intention or obligation to do so) our forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. The forward-looking statements in this release include statements addressing our future financial condition and operating results, and the impact on our operations resulting from the coronavirus disease 2019 ("COVID-19"). Examples of factors that could cause actual results to differ materially from those described in the forward-looking statements include, among others, the extent, severity and duration of COVID-19 negatively affecting our business operations; business, economic, competitive and regulatory risks, such as conditions affecting demand for products in the automotive and other industries we serve; competition and pricing pressure; fluctuations in foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate, including continuing military conflict between Russia and Ukraine resulting from Russia's invasion of Ukraine or escalating tensions in surrounding countries; developments in the credit markets; future goodwill impairment; compliance with current and future environmental and other laws and regulations; and the possible effects on us of changes in tax laws, tax treaties and other legislation, including the effects of Swiss tax reform. In addition, the extent to which COVID-19 will impact our business and our financial results will depend on future developments, which are highly uncertain and cannot be predicted. Such developments may include the geographic spread of the virus, the severity of the virus, the duration of the outbreak, the impact on our suppliers' and customers' supply chains, the actions that may be taken by various governmental authorities in response to the outbreak in jurisdictions in which we operate, and the possible impact on the global economy and local economies in which we operate. More detailed information about these and other factors is set forth in TE Connectivity Ltd.'s Annual Report on Form 10-K for the fiscal year ended Sept. 24, 2021 as well as in our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other reports filed by us with the U.S. Securities and Exchange Commission.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/27/te-connectivity-announces-third-quarter-results-fiscal-year-2022/ | 2022-07-27T10:45:15Z |
Leading Innovator in Floor Care Expands Portfolio for Full Suite of Home Cleaning Solutions
SEATTLE, May 4, 2022 /PRNewswire/ -- Tineco, a leading pioneer in floor care and smart home appliances, announced today the expansion into the carpet cleaner category with three versatile models: CARPET ONE, CARPET ONE PRO, and iCarpet. Committed to providing consumers with innovative home technologies that make daily messes easier and quicker to clean, the company's latest entrance into this new category demonstrates Tineco's mission to become a whole-suite household floor care solution.
Designed to deliver professional carpet cleaning results at home with ease, the complete lineup includes:
- CARPET ONE Smart Carpet Cleaner (MSRP: $499) – Designed to guide users through professional-grade cleaning with HeatedWash and PowerDry technologies that cut drying time to 30 minutes or less* (*based on usage conditions). Know carpets and upholstery are truly clean with Tineco's proprietary iLoop™ Smart Sensor Technology and get back to using them faster than ever before.
- CARPET ONE PRO Smart Carpet Cleaner (MSRP: $599) – Equipped with an advanced LCD screen that displays vivid animations, along with all the key smart features of CARPET ONE.
- iCarpet Carpet Cleaner (MSRP: $399) – Deep cleaning carpets and upholstery is now as easy as traditional vacuuming with Tineco's iCarpet Carpet Cleaner. Featuring HeatedWash and PowerDry technologies, iCarpet dramatically reduces drying time, resulting in a completely dry and ready to use area in 30 minutes or less* (*based on usage conditions).
Each appliance is also outfitted with a Portable Spot Cleaner to easily clean upholstery, carpeted stairs, and other hard-to-reach areas.
Following a successful debut at the Consumer Electronics Show (CES) in January 2022, CARPET ONE is now available nationwide on Amazon and Tineco.com, with a "Complete" version on Best Buy. iCarpet Complete is for sale on Walmart and Best Buy, and CARPET ONE PRO can be purchased on Tineco.com beginning May 13th.
To learn more about Tineco and its full portfolio of floor care solutions, visit https://www.tineco.com.
About Tineco
Founded in 1998, with the launch of its first vacuum cleaner, Tineco has driven innovation in the home smart appliance category Tineco specializes in creating innovative, intelligent technology to make everyday home products smarter and easier to use. Tineco has quickly shifted to a leader in the smart appliance category with its PURE ONE vacuum portfolio, and with the launch of the market's first smart wet/dry vacuum line – the FLOOR ONE Series.
For more information, please visit https://www.tineco.com.
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SOURCE Tineco | https://www.wibw.com/prnewswire/2022/05/04/tineco-debuts-all-new-carpet-cleaner-series/ | 2022-05-04T14:17:47Z |
NEW YORK, Aug. 19, 2022 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("hereinafter referred to as "Future FinTech", "FTFT" or "the Company"), a blockchain application technology developer and a fintech service provider, announced today that on August 16, 2022, FTFT UK Limited ("FTFT UK"), a company organized under the laws of United Kingdom and a wholly owned subsidiary of the Company received approval from the Financial Conduct Authority ("FCA"), a financial regulatory body in the United Kingdom, to acquire Khyber Money Exchange Ltd. ("Khyber Exchange"). The Company expects to close the acquisition within the three-month timeframe from August 16, 2022 for which the FCA's approval of the change of control remains effective; however, the FCA may extend this period upon request.
As previously disclosed, on September 1, 2021, FTFT UK signed a definitive agreement (the "Agreement ") to acquire 100% of the equity of Khyber Exchange from Rahim Shah (the "Seller"). According to the Agreement, the Company will acquire 100% of the equity of Khyber Exchange at a purchase price of €685,000. The Company engaged in extensive operational, legal and financial due diligence in order to reach this Agreement.
Khyber Exchange is a money transfer company with a platform for transferring money around the world via one of its agent locations or its online portal, mobile platform, or over the phone. Khyber Exchange was incorporated in February 2009, is headquartered in the UK and has offices in Germany and Italy; its website is https://khyberexchange.com.
Shanchun Huang, Chief Executive Officer of Future FinTech, commented, "We are pleased to have received approval from the FCA to acquire Khyber Exchange since it further extends our fintech footprint and diversifies our geographical reach. We believe that money payment services are a high margin business that will enable us to capitalize upon an increasing level of international business transactions and money flows. We believe that it will be synergistic with other financial service businesses that we are developing."
"We believe that this acquisition will play an important role in the strategic transformation of the company and lay a foundation for the internationalization of our business and income. Our objective is to become a diversified fintech enterprise that leverages current opportunities and integrate them into a comprehensive business platform. We are intent upon creating a company that can optimally meet customers' financial needs by positively disrupting the traditional banking sector via an array of innovative products and services," concluded CEO Huang.
About Future FinTech Group Inc.
Future FinTech Group Inc. is a blockchain application technology developer and fintech service provider incorporated in Florida. The Company's operations include a blockchain-based online shopping mall platform, Chain Cloud Mall ("CCM"), supply chain financing services, asset management, and cryptocurrency market data services. The Company is also engaged in the development of blockchain based e-Commerce technology and cryptocurrency mining, cryptocurrency investment management as well as financial service technology businesses. For more information, please visit http:/www.ftft.com/.
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended December 31, 2021 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
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SOURCE Future FinTech Group Inc. | https://www.wibw.com/prnewswire/2022/08/19/future-fintech-receives-approval-uk-regulator-acquire-uk-money-payment-service-company/ | 2022-08-19T14:38:08Z |
Ansys extends collaboration with TSMC to deliver sophisticated power integrity and electromigration signoff solutions for advanced applications
/ Key Highlights
- Ansys® Redhawk-SC™ and Ansys® Totem™ power integrity platforms are certified for TSMC's newest N3E and N4P process technologies
- The certification supports customers to unleash their innovations with Ansys Redhawk-SC and Ansys Totem respectively
PITTSBURGH, June 24, 2022 /PRNewswire/ -- Ansys (NASDAQ: ANSS) and TSMC extended their long-standing collaboration to achieve certification of Ansys' power integrity software for TSMC's industry-leading N4P and N3E process technologies. The certification for Ansys RedHawk-SC and Totem enables next generation silicon designs for machine learning, 5G mobile, and high-performance computing (HPC) applications. This latest collaboration builds on the recent certification of the Ansys platform for TSMC's N4 and N3 processes.
"Our latest collaboration with Ansys provides our mutual customers with design solutions benefiting from the significant power and performance improvements of our latest advanced technologies," said Suk Lee, vice president of the Design Infrastructure Management Division at TSMC. "We work closely with our ecosystem partners to ensure our customers have timely and reliable power integrity design and analysis solutions available to accelerate innovation for their differentiated products."
Ansys RedHawk-SC and Ansys Totem are consistently among the most popular choices for power integrity verification in many of the world's leading chip design projects. The industry-leading solutions enable designers to sign off voltage-drop, power noise, and electromigration reliability down to 3nm with predictive accuracy. The powerful analytics quickly help identify weaknesses and allow what-if explorations to help optimize power and performance.
"Ansys has developed an integrated software platform of multiphysics simulation and analysis tools that quickly solve the power management challenges inherent in today's ultra-large and complex chip designs," said John Lee, vice president and general manager of the semiconductor, electronics, and optics business unit at Ansys. "Our partnership with TSMC keeps Ansys products at the forefront of silicon technology and helps designers realize the greatest possible benefit from the latest process innovations."
When visionary companies need to know how their world-changing ideas will perform, they close the gap between design and reality with Ansys simulation. For more than 50 years, Ansys software has enabled innovators across industries to push boundaries by using the predictive power of simulation. From sustainable transportation to advanced semiconductors, from satellite systems to life-saving medical devices, the next great leaps in human advancement will be powered by Ansys.
Take a leap of certainty … with Ansys.
Ansys and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.
ANSS–T
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SOURCE Ansys | https://www.mysuncoast.com/prnewswire/2022/06/24/ansys-multiphysics-solutions-achieve-certification-tsmcs-n3e-n4p-process-technologies/ | 2022-06-24T14:49:19Z |
DALLAS (KDAF) — The end of the work week is here in North Texas and we took to the National Weather Service center in Fort Worth to get the latest information for your Friday forecast.
For starters, a Wind Advisory is set to take effect from noon on Friday into Saturday morning. NWS Fort Worth says, “A south wind will prevail between 20 and 30 mph with some gusts to 40 mph. Unsecured outdoor items may be blown around in the wind. Driving on East/West oriented roads may be difficult, especially for high-profile vehicles.”
North Texans on Friday will be able to expect warm and breezy conditions as the work week comes to an end with highs in the mid to upper 80s across the region. Winds of 15-20 mph will be present with gusts up to 30 mph by the afternoon. | https://cw33.com/news/local/fridays-weather-in-north-texas-wind-advisory-highs-in-the-80s-expected/ | 2022-04-22T16:51:41Z |
...HIGH .FIRE DANGER CONDITIONS THIS AFTERNOON INTO THE EVENING
FOR PARTS OF SOUTHWEST GEORGIA DUE TO LOW RELATIVE HUMIDITIES AND
BREEZY CONDITIONS...
Relative Humidities of 25 percent or less can be expected for 4
or more hours this afternoon into the evening. Northerly winds
around 10-15 MPH are expected with occasional wind gusts of 20 to
25 mph. With dry fuels, high fire danger conditions can be
expected.
Please refer to your local burn permitting authorities
whether you may burn outdoors. If you do burn outside,
use extreme caution.
Deerfield-Windsor School senior Braydon Armstrong recently received the Albany Elks Lodge No. 713 Most Valuable Student award.
ALBANY — Caroline Dougherty and Braydon Armstrong recently received the Albany Elks Lodge No. 713’s annual Most Valuable Student awards. The Albany students placed first in a recent local contest, and placed third and first, respectively, in Georgia Elks Association’s Southern District competition.
Braydon is a senior at Deerfield-Windsor School, while Caroline is a senior at Sherwood Christian Academy.
Lodge officials said in a news release that they “are very proud of both of these seniors, and we are looking forward to watching their progress in the coming years as they advance their education.”
Albany State University and Marine Corps Logistics Base Albany announced an education partnership agreement on Tuesday that formally recognizes that ASU and MCLB Albany are active partners committed to expanding educational opportunities for military-affiliated students specifically in the a… Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/features/braydon-armstrong-caroline-dougherty-elks-lodge-most-valuable-students/article_c876eb2c-c009-11ec-aa56-0f10cfc56c8b.html | 2022-04-19T22:03:51Z |
Five Stark County-area baseball players gain All-Ohio second team from state coaches association
The Louisville duo of Anthony Warner and JT Popick, Marlington’s Drew Denham, Tuslaw’s Liam McCollister and Sandy Valley’s Kaiden Mastri earned All-Ohio second team from the state baseball coaches association this week.
Hoover’s Nick Vardavas, Marlington’s Tommy Skelding and Manchester’s Owen Canter all earned honorable mention in Divisions I through III, respectively.
Warner and Popick are on the Division II second team after leading the Leopards to their first district championship since 2009 and first regional final appearance since 1988.
Louisville Leopards Baseball:Clinging to late lead with Final 4 berth on line, Louisville gang tackled by nasty inning
Louisville Leopards Baseball:Louisville Leopards bleed a little during tense regional baseball battle, celebrate a lot
Warner led the area in wins and strikeouts as he went 9-0 with a save and a 1.01 ERA. The senior right-hander, a Mount Union recruit, struck out 90 batters in 62.1 innings. Opposing hitters batted just .150 off of him.
Popick, a senior shortstop, led Louisville in batting (.448) and stolen bases (20). The University of Akron recruit totaled four doubles, three triples, a home run, 14 RBIs and 26 runs out of the leadoff spot.
Denham also was on the Division II second team. He was the junior shortstop and leadoff hitter for the EBC champion Dukes, who went 20-5 overall and won the league by three games at 10-2. Denham batted a team-high .455 and scored an area-best 35 runs. He also totaled five doubles, two home runs, 14 RBIs and 20 stolen bases.
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McCollister and Mastri made the Division III second team.
McCollister, a junior catcher, batted an area-best .532 with nine doubles, four home runs, eight stolen bases, 21 RBIs and 19 runs for the Mustangs. He struck out only four times in 95 plate appearances.
Mastri, a senior pitcher-first baseman-outfielder, led the area in home runs with five and was the IVC South Division Player of the Year. The Ashland University recruit batted .366 with six doubles, a triple, 27 runs and 25 RBIs. He also went 2-3 with a save and a 3.12 ERA in eight appearances on the mound. He struck out 59 batters in 33.2 innings.
Vardavas, a Miami of Ohio recruit, led Hoover to its first district championship since 2013. The senior lefty went 6-3 with a save and a 1.79 ERA. He struck out 64 batters in 47 innings. An outfielder when not pitching, Vardavas batted .378 with nine doubles, two triples, three home runs, 16 runs and 25 RBIs.
More:Green's Jacob Rollyson, Jon Wallace sweep top honors on All-Federal League baseball team
Skelding, the EBC Player of the Year and a University of Kentucky recruit, went 8-1 with a 1.15 ERA for Marlington. The junior right-hander struck out 68 in 55 innings. A first baseman when not pitching, Skelding led the area in RBIs (32) while batting .415 with eight doubles, two triples, two home runs and 21 runs.
Canter, a junior pitcher-shortstop, batted .426 with four home runs, 19 RBIs and 22 runs for Manchester. He also went 5-3 with a 1.06 ERA on the mound, striking out 71 batters in 46 innings.
Ohio’s player of the year in each division was Mason’s Brenden Garula in Division I, Canfield’s Landon Beidelschies in Division II, Cincinnati Christian Hills’ Jack Vogele in Division III and Lincolnview’s Landon Price in Division IV. The coach of the year in each division was Walsh Jesuit’s Chris Kaczmar in Division I, Defiance’s Tom Held in Division II, Cincinnati Christian Hills’ Tony Schulz in Division III and Lucasville Valley’s Nolan Crabtree in Division IV.
For the complete All-Ohio teams, visit the Ohio High School Baseball Coaches Association’s web site. | https://www.cantonrep.com/story/sports/high-school/baseball/2022/06/07/all-ohio-baseball-2022-high-school-coaches-association-drew-denham-anthony-warner-jt-popick/7540318001/ | 2022-06-07T12:06:38Z |
Cancer diagnostics from digital cytology and advanced imaging to new molecular tests, help veterinarians combat leading cause of canine death
FOUNTAIN VALLEY, Calif., Sept. 12, 2022 /PRNewswire/ -- Antech Diagnostics is advancing its leadership in canine cancer diagnostics to support early detection and personalized care pathways for dogs with cancer. Reflecting an ongoing commitment to molecular diagnostics, Antech's cancer diagnostic portfolio now includes Vidium Animal Health's SearchLight DNA® and OncoK9® from PetDx®. These new tests reflect Antech's commitment to building veterinary medicine's most advanced and extensive portfolio of canine cancer diagnostics that span multiple, essential diagnostic modalities, including ultrasound, digital cytology, and molecular medicine.
The American Veterinary Medical Association (AVMA) reports that nearly 50% of dogs will develop cancer in advanced age. Molecular diagnostics play a uniquely valuable role supporting detection and treatment of cancer in dogs. These advanced diagnostic tests' ability to analyze the DNA of tumor cells delivers specific information about which mutations are causing cancer to grow and spread and are adept at helping veterinarians identify cancer often when it's most treatable. Molecular diagnostics also help veterinarians understand the cancer's origin and behavior, which can guide the optimal approach to treatment. Their addition to Antech's cancer diagnostic portfolio allows a new level of personalized, precision therapy, which can support overall improved care and potentially better outcomes for dogs.
"A cancer diagnosis can be devastating for a pet owner," said Dr. Sue Ettinger, DVM, DACVIM (Oncology). "Accurate diagnosis and care can be expensive and complex. Reading the genomic material of a tumor, molecular diagnostics give us an unprecedented level of transparency into the nature of the cancer, allowing us to diagnose it earlier and to craft a highly personalized treatment plan."
Antech offers veterinary medicine's most comprehensive canine cancer diagnostic portfolio, beginning with Sound, which has a long history of providing best-in-class digital X-ray, ultrasound, laser therapy, mobile CT, imaging support, and PACS. As leaders in cancer pathology, Antech's Digital Cytology Scanner connects veterinarians at the point of care with a diverse, highly accomplished team of board-certified pathologists, significantly accelerating the speed at which veterinarians can deliver effective treatment to pets. Antech's use of molecular diagnostics began with CADET® BRAF, the first liquid biopsy for detection of the most common canine bladder and prostate cancer, canine transitional cell carcinoma (TCC), also called urothelial carcinoma (UC). Veterinarians have relied on Antech for this advanced DNA-based test since 2019, using it as a simple, non-invasive way to detect the presence of a single mutation present in 85% of confirmed cases of TCC/UC.
"Cancer has been and continues to be a frustrating disease for pet owners and veterinarians to diagnose and treat," said Cathleen Meeks, MS, DVM, DACVIM, Vice President of Medical Operations at Antech. "Antech is dedicated to the continued advancement of our diagnostic capabilities in oncology to help provide innovative ways in which we diagnose this disease compared to traditional methods. This will allow us to improve the quality of care by diagnosing these diseases sooner than in the past and avoid delays in initiating treatment."
Antech's expanded molecular diagnostic portfolio now includes:
SearchLight DNA™: a genomic test that analyzes the DNA of a dog's tumor cells, searching for mutations across 120 relevant cancer genes, to identify mutations that aid in the diagnosis and prognosis of cancer and helps guide treatment decisions.
OncoK9®: a blood-based "liquid biopsy" multi-cancer early detection (MCED) test that aids veterinarians in detecting 30 different cancer types, including 8 of the most common cancers in dogs. OncoK9® has been clinically validated through the CANDiD (CANcer Detection in Dogs) Study using samples prospectively collected from over 1,000 client-owned dogs across more than 40 clinical sites.
"Cancer has claimed the lives of too many beloved dogs, too soon, and for too long," said Lonnie Shoff, President of Antech. "I believe we're at the precipice of a new era in canine cancer care; one that offers new hope for veterinarians and pet owners alike. That's why we're extending our portfolio of canine cancer diagnostics. From molecular diagnostics to pathology expertise to being veterinary medicine's most trusted provider of digital X-ray, ultrasound, laser therapy, mobile CT, imaging support, and PACS, we'll continue to deliver the most advanced diagnostic tools for veterinarians to effectively combat this terrible disease. Offering the latest molecular diagnostics for cancer detection and personalized treatment is simply the right thing to do. We'll continue to leave no stone unturned as we strive to help veterinary teams attack this leading cause of canine death."
Antech is now an authorized reseller of Vidium Animal Health's SearchLight DNA™ and the OncoK9® test from PetDx®, which are available from Antech immediately in both the U.S. and Canada. Learn more about Antech's portfolio of cancer diagnostics at https://www.antechdiagnostics.com/lab-diagnostics/molecular-diagnostics-canine-cancer/
At the heart of Antech is our love for pets and our desire to see them live longer, healthier lives. Through superior diagnostic testing delivered with a flexible, can-do spirit, we endeavor to treat every sample as if it belongs to our own pet. Our innovative diagnostics, accessible through North America's largest reference laboratory network, span world-class imaging equipment, and services, advanced molecular and predictive diagnostic testing, and core diagnostics with gold-standard accuracy. 24x7 access to the most accomplished team of board-certified pathologists, medical consultants across 14 specialty areas, and industry-leading education round out our support for today's high-performance practices. Antech is helping to drive the future of veterinary care as part of Mars Petcare, the world's largest family-owned company focusing on pet health. Visit us at antechdiagnostics.com. Follow us on Instagram, Twitter, LinkedIn, and Facebook.
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SOURCE Antech Diagnostics | https://www.kxii.com/prnewswire/2022/09/12/antech-expands-molecular-diagnostic-offerings-veterinary-medicines-most-comprehensive-diagnostics-portfolio-canine-cancer/ | 2022-09-12T13:47:47Z |
WASHINGTON (AP) — Nearly 300,000 children under 5 have received COVID-19 shots in the two weeks since they became available, a slower pace than for older groups. But the White House says that was expected for the eligible U.S. population of about 18 million kids.
The Centers for Disease Control and Prevention was to publish initial data on shots for the age group later Thursday, reflecting doses administered since regulators authorized them on June 18. The first vaccinations didn’t begin until several days later because the doses had to be shipped to doctors’ offices and pharmacies.
U.S. officials had long predicted that the pace of vaccinating the youngest kids would be slower than for older groups. They expect most shots to take place at pediatricians’ offices.
Many parents may be more comfortable getting the vaccine for their kids at their regular doctors, White House COVID-19 coordinator Dr. Ashish Jha told The Associated Press last month. He predicted the pace of vaccination would be far slower than it was for older populations.
“We’re going see vaccinations ramp up over weeks and even potentially over a couple of months,” Jha said.
Officials also note there is some hesitance about the need for shots for kids who are far less likely than older age groups to develop serious illness or die from the coronavirus. Parents are being encouraged to talk to the child’s doctor for trusted information about the benefits of the vaccines.
A Kaiser Family Foundation survey conducted in April found that 1 in 5 parents of children under age 5 said they would get their child vaccinated right away once it was authorized, 38% said they would wait and see, and nearly 4 in 10 said they wouldn’t get their children vaccinated at all or only if required.
More than 5 million pediatric doses have been shipped to more than 15,000 locations, the White House said, ready for parents and kids to come in.
Still, the roll-out hasn’t been without hiccups for some parents of babies and toddlers, because of state restrictions on pharmacies and because some doctors are not offering the shots.
Many states bar pharmacies from vaccinating children under 3 years old or require prescriptions for them to do so. In other cases, pharmacies have inadequate staff, space or training to give the shots correctly to the youngest, said Allie Jo Shipman, director of state policy for the National Alliance of State Pharmacy Associations.
“It’s just a more complex situation than it is with your older children and adults,” Shipman said.
Some doctors opted not to offer the shots because of cold storage requirements or concern about wasting doses. The vaccine comes in multi-dose vials that must be used within 12 hours after opening.
“They don’t want to see vaccine go unused,” said West Virginia pediatrician Dr. Lisa Costello, who is working with her state’s COVID-19 response task force. “You either need to find the number of people to vaccinate for that vial or discard the doses that are left over.”
Organizing vaccine times after hours or clustering vaccine appointments are possible solutions doctors are trying, Costello said. And West Virginia has encouraged doctors to go ahead and open the vials even if they have only one patient to vaccinate, she said.
For older children, those 5 to 11 years old, vaccine coverage has varied widely from state to state, from a low of 11% of that age group fully vaccinated in Alabama to 63% in Vermont, according to an analysis of vaccination data through June 29 by the Kaiser Family Foundation.
Of the top 10 states for vaccination coverage in the 5 to 11 age group, five are in New England. Of the bottom 10 states, nine are in the South.
The Biden administration said that while the slow pace of vaccination in the youngest group was expected, officials won’t be satisfied until as many people as possible receive the protection of vaccines. Parents can use vaccines.gov to search for vaccine providers by location, vaccine brand and age groups vaccinated.
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Johnson reported from Washington state. | https://cw33.com/health/ap-health/slow-pace-for-youngest-kids-getting-covid-vaccine-doses/ | 2022-07-08T07:12:53Z |
NEW YORK, June 17, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Upstart, Inc. (NASDAQ: UPST).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/upstart-inc-loss-submission-form/?id=28684&from=4
The lawsuit seeks to recover losses for shareholders who purchased Upstart between March 18, 2021 and May 9, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 12, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Upstart, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Upstart's AI model could not adequately account for macroeconomic factors such as interest rates that impact the market-clearing price for loans; (2) as a result, Upstart was experiencing a negative impact on its conversion rate; (3) as a result, the Company was reasonably likely to use its balance sheet to fund loans; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/06/17/upst-shareholder-alert-jakubowitz-law-reminds-upstart-shareholders-lead-plaintiff-deadline-july-12-2022/ | 2022-06-17T10:19:13Z |
NEW YORK, April 21, 2022 /PRNewswire/ -- Unique Logistics International, Inc. (OTC Markets: UNQL) ("UNQL" or the "Company"), a rapidly growing global logistics and freight forwarding company, has engaged international investor relations specialists MZ Group ("MZ") to lead their comprehensive strategic investor relations and financial communications program across all key markets.
MZ Group will work closely with UNQL's management to build upon their investor relations and shareholder communication program designed to increase the Company's visibility throughout the investment community.
Brian Prenoveau, CFA, Managing Director at MZ North America, will assist UNQL in all facets of corporate and financial communications, including the coordination of investment conferences across key cities and building brand awareness with financial media outlets. MZ has developed a distinguished reputation as a premier resource for institutional investors, brokers, analysts, and private investors.
Unique Logistics provides a range of international logistics services that enable its customers to outsource to the company sections of their supply chain process. The services provided are seamlessly managed by its network of trained employees and integrated information systems.
Sunandan Ray, CEO, Unique Logistics International, Inc. said, "We are confident about the positive direction of the company and the progress we are making as a logistics service provider. We believe that having MZ as a partner to broaden our message to the investment community will be integral to achieving a fair valuation. We look forward to working with Brian and the entire team at MZ Group to communicate the multiple avenues to drive growth and building long-term value for our shareholders."
About MZ Group
MZ North America is the US division of MZ Group, a global leader in investor relations and corporate communications. MZ North America was founded in 1996 and provides full scale Investor Relations to both private and public companies across all industries. Supported by our exclusive one‐stop‐shop approach, MZ works with top management to support the clients' business strategy in six integrated product and service categories: 1) IR Consulting & Outreach – full service investor relations and roadshow services; 2) ESG iQ & Advisory – reporting technology platform and audit and reporting guidance; 3) SPAC Alpha IR+ & IPO Advisory – providing critical and timely guidance through business combinations and IPOs; 4) Financial & Social Media – lead generation and social media relations; 5) Market Intelligence – real time ownership monitoring; 6) Technology Solutions – webhosting, webcasting, conference calls, distribution services and board portals. MZ North America has a global footprint with offices located in New York, Chicago, San Diego, Aliso Viejo, Austin, Minneapolis, Taipei and São Paulo.
ABOUT UNIQUE LOGISTICS INTERNATIONAL, INC.
Unique Logistics International, Inc. (OTC Markets: UNQL) through its wholly owned operating subsidiaries, is a global logistics and freight forwarding company providing a range of international logistics services that enable its customers to outsource to the Company sections of their supply chain process. The services provided are seamlessly managed by its network of trained employees and integrated information systems. We enable our customers to share data regarding their international vendors and purchase orders with us, execute the flow of goods and information under their operating instructions, provide visibility to the flow of goods from factory to distribution center or store and when required, update their inventory records.
For more information on UNQL and its businesses, please visit www.unique-usa.com.
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SOURCE Unique Logistics International, Inc. | https://www.wibw.com/prnewswire/2022/04/21/unique-logistics-engages-mz-group-lead-strategic-investor-relations-shareholder-communication-program/ | 2022-04-21T12:54:47Z |
Watch what it’s like aboard a Blue Origin flight from takeoff to landing
By Jackie Wattles, CNN Business
Two passengers that flew on one of Blue Origin’s supersonic flights to the edge of space have shared footage of the 10-minute journey captured behind the scenes or inside the capsule during flight, giving a rare glimpse into the full experience.
Cameron Bess — who rode alongside their father, venture capitalist Lane Bess — filmed their journey from the time they arrived at Blue Origin’s Astronaut Village, an encampment of decked-out Airstream trailers where Blue Origin customers stay during their three-day training regimen. And Dylan Taylor, a lifelong space enthusiast-turned-investor in the burgeoning private space sector, shared almost the entirety of the journey as viewed from inside the capsule, from the time the passengers strapped in until they touched back down on terra firma.
Bess and Taylor flew alongside Good Morning America host Michael Strahan, and the daughter of the late NASA astronaut Alan Shepard, Laura Shepard Churchley, in a flight that took off on December 11, 2021. Strahan and Shepard Churchley both flew free of charge as honored guests, while Bess and Taylor were among four paying customers on the trip. They both declined to share how much their tickets cost.
Bess identifies as LGBTQ+ and a furry, which is the term used to refer to people who enjoy anthropomorphic versions of animals and “want to be part of a community about that,” as Bess describes it. They posted their footage, which includes an extensive Q&A about their experience, on their YouTube channel, which Bess named after their furry persona, “MeepsKitten.” Portions of Bess’ and Taylor’s videos are reposted here with their permission.
Much of their footage was captured by on-board cameras and edited by Blue Origin before being sent to the passengers as a momento, they said, revealing how the passengers reacted to various moments of the experience.
Bess notes, for example, that the sunshine from outside the window is blinding during ascent, and the group experiences more than 2.2 Gs pressing them into their reclined seats. As the rocket continues vaulting upward and the sky begins to fade from blue to black, Bess notes “my eyes are watering,” because they didn’t want to take their eyes off the view despite the blinding light.
CNN Business also conducted separate phone interviews with Bess and Taylor about their experiences. Additional comments that Bess made in their YouTube Q&A have been included below.
What happened while they were waiting for liftoff?
The footage Taylor shared from inside the capsule tells it all.
“I feel like a million bucks,” Taylor says.
Kevin Sproge, the Blue Origin employee who helped strap the passengers in before launch, tells Shepard Churchley, “Your dad would be so proud.”
“I know,” she responds.
Bezos also climbs aboard the capsule briefly to address Shepard Churchley as they await launch.
“When your father became the first American to go into space six decades ago, it took the entire resources of a nation state — a determined nation state — to do that. And today, you guys can do it in a completely different way. That, for humanity, is what’s called progress. Big things start small. This is how it starts,” Bezos said.
“I’m happy to be on it,” Shepard Churchley replies.
They wait about 40 minutes in their seats aboard the capsule, as Blue Origin finishes the necessary technical checks, before the rocket takes off.
“Let’s light this candle!” Shepard Churchley screams before adding, “My God,” as the capsule begins to soar upward.
How did training help them prepare?
In their video, Bess also shared details about the pre-flight training, noting that — because Blue Origin’s rocket and capsule system is fully autonomous — they only have to prepare for emergency scenarios. And, to get acquainted with the visceral experience of riding aboard a supersonic rocket, the passengers would sit inside their training capsule as the sound of a rocket engine firing blared at full volume.
At the end of the training regimen, the passengers took a multiple-choice test to ensure they’d retained the most important bits of information, which Bess described in their YouTube video as “easier than the written drivers’ test.”
Overall, the training was helpful, though “there’s a big difference between just playing the sounds and feeling it all,” they told CNN Business.
Taylor also told CNN Business “you are fitted with custom earplugs, so it’s not quite loud.”
What can you see from space?
The passengers enjoy weightlessness for only a few minutes, and they’re allowed to scramble from their seats, flipping and gazing out the window to soak in and the most sweeping views of the flight.
“This is heaven. Holy smokes,” Shepard Churchley says.
Taylor said he could recognize the Rocky Mountains below and see out to the Gulf of Mexico.
“My perception — and it was just a brief one — was that I could see pretty much the entire North American continent more or less,” Taylor told CNN Business.
Taylor noted that he looked for the moon, which he could see. And when asked whether stars were visible while the passengers were in space, Bess says they weren’t.
“It was just black, the blue line of atmosphere around the Earth — which is round,” Bess notes in their YouTube video, “and then just the clouds and the mountains and all of that below.”
What really stood out, as Bess, Taylor and numerous other passengers before them noted, is the thin blue line of atmosphere blanketing the Earth.
“It’s like that entire blue is what you look up and see for your entire life,” Bess told CNN Business. “And then now it’s below you — and you can see right right through it.”
How did it feel to experience nearly 6Gs on the way back down?
As the capsule begins to fall back toward Earth, the passengers scrambled back into their seats and braced for the most intense G-forces of the journey. Bess and Taylor note that they reached up to about 6 Gs — or the feeling of six times the force of Earth’s gravity — and the footage shows labored facial expressions spreading across the passengers’ faces.
“Your face literally gets pulled back [and] it was hard to breathe a little bit,” Bess told CNN Business. “I personally — nobody else in the crew had this — but I tend to have some blood circulation issues, and I actually started to get the tunnel vision, your vision going black…It wasn’t bad. But, you know, it was intense.”
They added that they imagined the sensation was similar to being stuffed under a “300 pound weighted blanket.”
The passengers could only feel all 6 Gs for about 10 seconds, Taylor added, but it was still intense.
Was any of it painful?
Bess noted they didn’t experience any issues with inner ear pressure during the rapid altitude change because the cabin was pressurized, though they did experience a bit of motion sickness near the end of their zero gravity experience.
“But it was manageable,” they said.
Bess also noted that the landing, while perhaps among the most visually jarring because of the large puff of desert sand the capsule sets off upon touch down, is actually “one of the least rough parts of the entire flight” because air jets that Blue Origin has installed on the bottom of the capsule provided a nice cushion.
But after the rocket engine then quits firing, and the cabin immediately shifts into zero gravity, there is a jolting thump as the crew capsule separates from the rocket.
“You’re essentially blowing the two vehicles apart,” Taylor told CNN Business. “It’s pretty violent. It kind of felt like a little bit of a slow motion car crash, maybe. Very, very jolting. So that was a bit of a surprise.”
What did this mission mean to you?
Bess shared their thoughts on what it meant to them to be representing the LGBTQ+ community and furries “in such a big first.”
“I can’t represent these groups perfectly because they’re such diverse groups, and that’s kind of what makes them special,” Bess said in their YouTube video. “But I’m just glad to be providing, you know, a vector of visibility because visibility really leads to normalization. It’s when you’re kept invisible that I think it can lead to a misunderstanding of character or what you stand for.”
They added that “it’s incredibly special that the book of history of the first parent and child in space is one of a queer child and that their parents are accepting of that and went on this journey with them.”
In a statement to CNN Business, Blue Origin said “it was an honor to fly Cameron and their father, Lane, on New Shepard. In addition to being the first parent-child in space, they’re also early pioneers in Blue Origin’s vision of millions of people living and working in space for the benefit of Earth.”
Would you go back to space?
Taylor is also a ticket holder on Virgin Galactic, the venture founded by British billionaire Richard Branson that uses a rocket-powered plane to brush the edge of space. That company hopes to begin regular commercial flights later this year, though Taylor expects a few hundred people who reserved their seats before him will get to go first.
“I would like to go orbital, and I’m actively considering that,” Taylor told CNN Business, referencing the type of flights currently offered by SpaceX. He declined to share details about those conversations.
Taylor, who also donated the equivalent of his Blue Origin ticket price to several philanthropies, is also advocating for other wealthy explorers to do the same. And he founded a nonprofit, called Space For Humanity, that will offer a trip to space for “exceptional leaders,” free of charge.
(Sorry, applications closed in February.)
“Hopefully we’ll be flying people soon,” Taylor said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-social-media-technology/2022/05/03/watch-what-its-like-aboard-a-blue-origin-flight-from-takeoff-to-landing-2/ | 2022-05-03T19:45:43Z |
- Co-development of rhCollagen-based dermal and soft tissue fillers with AbbVie is progressing
- Company's 3D bioprinted regenerative breast implant program remains on track to conclude large animal study in Q4
- Development of aseptic process for the production of sterile rhCollagen anticipated to be completed in Q4
- Strong balance sheet with cash and cash equivalents of $36M as of June 30, 2022
REHOVOT, Israel, Aug. 25, 2022 /PRNewswire/ -- CollPlant Biotechnologies (NASDAQ: CLGN), a regenerative and aesthetic medicine company developing innovative human collagen-based technologies and products for tissue regeneration and organ manufacturing, today announced financial results for the second quarter ended June 30, 2022 and provided an update on the Company's business developments.
"I am very pleased with the company's execution and significant advances across our diverse and expanding product portfolio. We are targeting large commercial opportunities where we believe our recombinant human collagen (rhCollagen) has the ability to deliver performance and safety advantages," said Yehiel Tal, CollPlant's Chief Executive Officer. "Our agreement with AbbVie to co-develop dermal and soft tissue fillers with rejuvenative properties for the medical aesthetic market is a perfect example of our strategy. We are excited by the direction of this program and continue as well to develop on our own the agreement's option products, including a photocurable dermal filler and an injectable breast implant."
"We also continue to make important progress with our 3D bioprinted regenerative breast implant program, and anticipate our first large animal study to conclude as planned by the end of 2022. Our collagen-based implants have the potential to meet an enormous unmet need by overcoming the safety challenges of existing breast procedures while promoting natural tissue regeneration. The results of this study, which will evaluate formulation, surgical technique, implant degradation rate and vascularization, will provide the basis for the design of a large pivotal study planned to begin in Q1 2023. We anticipate these studies to support advancement to human clinical trials".
Recent Corporate Highlights
Strategic Collaboration Agreement with AbbVie: CollPlant's exclusive worldwide development and commercialization agreement with AbbVie for dermal and soft tissue fillers continues to advance. Within the framework of this collaboration, CollPlant's proprietary rhCollagen and AbbVie's technology are combined to develop products for the medical aesthetic market. In February 2021, CollPlant received an upfront payment of $14 million and has the potential to receive an additional $89 million in milestone and option payments for additional products, which include an injectable breast implant and photocurable dermal filler. According to the agreement, CollPlant will also receive royalties on product sales and will manufacture and sell rhCollagen to AbbVie.
3D Bioprinted Regenerative Breast Implant Program: CollPlant's implants are comprised of the Company's plant-derived rhCollagen in combination with other biomaterials, and intended to degrade over time while promoting natural tissue regeneration. The 3D bioprinting technology used for the implant fabrication, enables scalable production of highly precise and repeatable constructs, which can be customized to the individual anatomy of a patient. CollPlant initiated a large animal study in June 2022 which is expected to conclude by the end of 2022. The global market for breast implants is estimated to be $2.5B.
Aseptic Production Process for rhCollagen: CollPlant is developing and implementing a fully controlled, closed-loop production process to mass produce sterile rhCollagen. The sterile plant-based collagen is expected to provide better bifunctionality and homogeneity relative to collagen derived from animals or cadavers, with improved safety and reduced risk of contamination.
rhCollagen-based Bioinks: In November 2021, CollPlant launched Collink.3D, a collagen-based Bioink platform, designed to support a wide variety of 3D bioprinting applications. Collink.3D is the first of a portfolio of Bioink products and CollPlant intends to release two additional Bioinks in Q4 2022.
Second Quarter 2022 Financial Results
Cash, cash equivalents and short-term deposits as of June 30, 2022, were $36.3 million.
GAAP revenues for the second quarter of 2022 were $66,000 and included mainly income from sales of the Company' BioInk and rhCollagen. Revenues decreased by $625,000 compared to $691,000 in the second quarter of 2021 which mainly related to a decrease in sales of BioInk and Vergenix products.
GAAP cost of revenue for the second quarter of 2022, was $43,000, a decrease of 90% compared to $429,000 in the second quarter of 2021. Cost of revenue includes mainly the cost of the Company' rhCollagen based products, and royalties to the IIA for our sales. The decrease in cost of revenue in the amount of approximately $386,000 is mainly comprised of: (i) approximately $145,000 in royalty expenses to the IIA, inventory impairment and (ii) approximately $241,000 relating to BioInk, FG and rhCollagen sales.
GAAP gross profit for the second quarter of 2022 was $23,000, compared to gross profit of $262,000 in the second quarter of 2021.
GAAP operating expenses for the second quarter of 2022 were $4.2 million compared to $3.3 million in the second quarter of 2021. The net increase of $900,000 in expenses is mainly comprised of: (i) $453,000 in research and product development activities including process development, (ii) $235,000 in employees' salaries and share base compensation, including recruitment of new employees for development of new products in 3D bioprinting and medical aesthetics, and (iii) $520,000 in employees and director's salaries and insurance policy expenses, offset by (iv) a decrease of $410,000 in one-time legal expenses relating to the end of the Company's ADS program, and the registration of the ordinary shares for listing on Nasdaq Global Market in 2021. On a non-GAAP basis, the operating expenses for the second quarter of 2022 were $3.9 million compared to $2.8 million in the second quarter of 2021. Non-GAAP measures exclude certain non-cash expenses.
GAAP financial expenses, net for the second quarter of 2022 totaled $100,000 compared to financial income net, of $25,000 in the second quarter of 2021. The increase in financial expenses is due to the weakening of the Dollar currency compared to the Shekel currency during the second quarter, and the corresponding effect on the Company's lease liabilities.
GAAP net loss for the second quarter of 2022 was $4.3 million or $0.39 basic loss per share, compared to a net loss of $3 million, or $0.30 basic loss per share, for the second quarter of 2021. Non-GAAP net loss for the second quarter of 2022 was $4 million or $0.36 loss per share, compared to a net loss of $2.5 million, or $0.25 basic loss per share, for the second quarter of 2021.
Six months period ended June 30, 2022, compared to six months period ended June 30, 2021
GAAP revenues for the six months ended June 30, 2022, were $132,000 and included mainly income from sales of the Company' BioInk and rhCollagen. Revenues decreased by $15.1 million compared to $15.2 million in the six months ended June 30, 2021 which mainly derived from the $14 million consideration for the license granted to AbbVie and to decrease in sales of BioInk Vergenix products.
GAAP gross profit for the six months ended June 30, 2022, was $58,000, compared to gross profit of $13.9 million in the six months ended June 30, 2021.
GAAP operating expenses for the six months ended June 30, 2022, accumulated to $8 million, compared to $6.9 million in the six months ended June 30, 2021. The net increase of $1.1 million in expenses is mainly comprised of: (i) an increase of $784,000 in research and product development activities including process development, (ii) an increase of $538,000 in employees' salaries and share base compensation, including recruitment of new employees for development of new products in 3D bioprinting and medical aesthetics, (iii) an increase of $210,000 in general and administrative employees and directors salaries and insurance policy expenses, offset by (iv) a decrease of $410,000 in one-time legal expenses relating to the end of the Company's ADS program, and the registration of the ordinary shares for listing on Nasdaq Global Market in 2021. On a non-GAAP basis, the operating expenses for the six months ended June 30, 2022 were $3.9 million compared to $2.8 million in the six months ended June 30, 2021. Non-GAAP measures exclude certain non-cash expenses.
GAAP financial expenses, net for the six months ended June 30, 2022, totaled $192,000 compared to financial income net, of $123,000 in the six months ended June 30, 2021. The increase in financial expenses is due to the weakening of the Dollar currency compared to the Shekel currency mainly during the second quarter, and the corresponding effect on the Company's lease liabilities.
GAAP net loss for the six months ended June 30, 2022 was $8.1 million, or $0.74 basic loss per share, compared to a net income of $7.1 million, or $0.76 basic income per share, for the six months ended June 30, 2021. Non-GAAP net loss for the six months ended June 30, 2022 was $7.5 million, or $0.69 basic loss per share, compared to $7.9 million income, or $0.85 basic income per share, for the six months ended June 30, 2021.
Cash used in operating activities during the six months ended June 30, 2022, was $7.2 million compared to $7.7 million cash provided from operating activities in the six months ended June 30, 2021. The change is mainly attributed to the $14 million consideration for the license granted to AbbVie in 2021.
Cash provided by investing activities during the six months ended June 30, 2022, was $30 million compared to $30.4 cash used in the six months ended June 30, 2021. The change is mainly attributed to repayment and investment in short term cash deposits.
Cash provided by financing activities during the six months ended June 30, 2022, was $1.5 million compared to cash provided by financing activities of $36.9 million in the six months ended June 30, 2021. The decrease is mainly attributed to the Company's registered direct offering in February 2021, which resulted in net proceeds of $32 million and $4.1 million proceeds in exercise of options and warrants.
About CollPlant
CollPlant is a regenerative and aesthetic medicine company focused on 3D bioprinting of tissues and organs, and medical aesthetics. The Company's products are based on its rhCollagen (recombinant human collagen) produced with CollPlant's proprietary plant based genetic engineering technology. These products address indications for the diverse fields of tissue repair, aesthetics, and organ manufacturing, and are ushering in a new era in regenerative and aesthetic medicine.
At the beginning of 2021, CollPlant entered into a development and global commercialization agreement for dermal and soft tissue fillers with Allergan, an AbbVie company, the global leader in the dermal filler market. Later in 2021, CollPlant entered a strategic co-development agreement with 3D Systems for a 3D bioprinted regenerative soft tissue matrix for use in breast reconstruction procedures in combination with an implant.
For more information about CollPlant, visit http://www.collplant.com
Use of Non-US GAAP ("non-GAAP")
Financial results for 2022 and 2021 are presented on both a GAAP and a non-GAAP basis. GAAP results were prepared in accordance with U.S. GAAP and include all revenue and expenses recognized during the period. The release contains certain non-GAAP financial measures for operating costs and expenses, operating income, net income and basic and diluted net income per share that exclude the effects of non-cash expense for fair market value attributed to change in fair value of financial instruments, share-based compensation to employees, directors and consultants, and change in operating lease accounts. CollPlant's management believes that these non-GAAP financial measures provide meaningful supplemental information regarding the Company's performance that enhances management's and investors' ability to evaluate the Company's operating costs, comprehensive income and income per share, and to compare them to historical Company results.
The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with GAAP. Management uses both GAAP and non-GAAP measures when operating and evaluating the Company's business internally and therefore decided to make these non-GAAP adjustments available to investors. The non-GAAP financial measures used by the Company in this press release may be different from the measures used by other companies.
For more information on the non-GAAP financial measures, please see the "Reconciliation of GAAP to Non-GAAP Financial Measures" later in this release. This accompanying table has more details on the GAAP financial measures that are most directly comparable to non-GAAP financial measures and the related reconciliations between these financial measures.
The Company's consolidated financial results as of, and for the six months ended June 30, 2022, are presented in accordance with generally accepted accounting principles in the United States of America ("U.S. GAAP").
Safe Harbor Statements
This press release may include forward-looking statements. Forward-looking statements may include, but are not limited to, statements relating to CollPlant's objectives plans and strategies, as well as statements, other than historical facts, that address activities, events or developments that CollPlant intends, expects, projects, believes or anticipates will or may occur in the future. These statements are often characterized by terminology such as "believes," "hopes," "may," "anticipates," "should," "intends," "plans," "will," "expects," "estimates," "projects," "positioned," "strategy" and similar expressions and are based on assumptions and assessments made in light of management's experience and perception of historical trends, current conditions, expected future developments and other factors believed to be appropriate. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements. Many factors could cause CollPlant's actual activities or results to differ materially from the activities and results anticipated in forward-looking statements, including, but not limited to, the following: the Company's history of significant losses, its ability to continue as a going concern, and its need to raise additional capital and its inability to obtain additional capital on acceptable terms, or at all; the impact of the COVID-19 pandemic; the Company's expectations regarding the timing and cost of commencing clinical trials with respect to tissues and organs which are based on its rhCollagen based BioInk and products for medical aesthetics; the Company's ability to obtain favorable pre-clinical and clinical trial results; regulatory action with respect to rhCollagen based BioInk and medical aesthetics products including but not limited to acceptance of an application for marketing authorization review and approval of such application, and, if approved, the scope of the approved indication and labeling; commercial success and market acceptance of the Company's rhCollagen based products in 3D Bioprinting and medical aesthetics; the Company's ability to establish sales and marketing capabilities or enter into agreements with third parties and its reliance on third party distributors and resellers; the Company's ability to establish and maintain strategic partnerships and other corporate collaborations; the Company's reliance on third parties to conduct some or all aspects of its product manufacturing; the scope of protection the Company is able to establish and maintain for intellectual property rights and the Company's ability to operate its business without infringing the intellectual property rights of others; the overall global economic environment; the impact of competition and new technologies; general market, political, and economic conditions in the countries in which the Company operates; projected capital expenditures and liquidity; changes in the Company's strategy; and litigation and regulatory proceedings. More detailed information about the risks and uncertainties affecting CollPlant is contained under the heading "Risk Factors" included in CollPlant's most recent annual report on Form 20-F filed with the SEC, and in other filings that CollPlant has made and may make with the SEC in the future. The forward-looking statements contained in this press release are made as of the date of this press release and reflect CollPlant's current views with respect to future events, and CollPlant does not undertake and specifically disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact at CollPlant:
Eran Rotem
Deputy CEO & CFO
Tel: + 972-73-2325600
Email: Eran@collplant.com
Photo - https://mma.prnewswire.com/media/1884809/CollPlant.jpg
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SOURCE CollPlant | https://www.kxii.com/prnewswire/2022/08/25/collplant-biotechnologies-provides-business-updates-second-quarter-2022-financial-results/ | 2022-08-25T11:25:06Z |
The collaboration with CMPC in Brazil is facilitated through SOSA's partnership with the Brazilian National Confederation of Industry (CNI). Through the partnership, CMPC and SOSA will work to identify advanced tech solutions during a four-month innovation project.
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- CMPC, one of Latin America's largest pulp and paper companies, has announced a partnership with CNI and SOSA, the global open innovation company, to improve the efficiency and sustainability of CMPC's forestry supply chain in Brazil.
SOSA scouts and validates startups for corporations and governments, ensuring innovation teams find precisely the technologies they need to solve business problems, identify opportunities, and build new products.
CMPC Brazil aims to harness SOSA's open innovation capabilities to implement cutting-edge tech solutions that will optimize shipments and operational efficiency and ultimately contribute to reducing its carbon footprint even more.
Throughout the scouting and validation process, SOSA will consider the best-fit startup candidates to match CMPC's tech requirements, infrastructure, and local regulations.
The innovation project will consist of:
- Identifying and defining pressing company challenges alongside new opportunities.
- Gaining access to global advanced technology companies and systems.
- Building quality POC's with strategic collaborations for implementation.
The selected startups will be given the opportunity to conduct a proof-of-concept of their solutions on an industrial scale and potentially further support CMPC's efforts to have a more efficient and sustainable supply chain.
"This partnership is in line with our constant search for the evolution and improvement of our processes to reduce interference in the environment and become more sustainable. An example is the adoption of the waterway model for transport, which avoids more than 100 thousand truck trips per year, contributing to reducing carbon dioxide emissions. We believe that the projects presented by the startups participating in this initiative will allow us to increase our operational efficiency in forestry logistics in an even more innovative way", explains the general director of CMPC in Brazil, Mauricio Harger.
"The CNI and SOSA partnership reiterates our efforts to promote open innovation as a competitive strategy, opening a faster and more effective way for companies of all sizes and sectors to enter global value chains. We are sure that the open innovation process we are doing with CMPC will influence their culture of innovation and improve their results in sustainability", says Gianna Sagazio, Innovation Director of CNI.
"Addressing the supply chain given the numerous issues companies have faced in the past two years will enable companies such as CMPC to both improve their bottom line and operate more sustainably," says Uzi Scheffer, CEO of SOSA. "Our collaboration with CMPC through our partnership with CNI hopes to catalyze innovation and offer companies solutions that are both impactful and sustainable."
About CMPC Brazil
CMPC Brasil has its industrial unit located in Guaíba, in Rio Grande do Sul; it is part of the Chilean CMPC group and produces around 2 million tons of cellulose per year – a biodegradable raw material used in the manufacture of personal hygiene products, tissue, packaging, and several other items present in people's daily lives. The largest industry in the state, according to the VPG (Pondered Value of Greatness) index, the company is responsible for creating 45,000 direct, indirect, and induced jobs in the state's economy, with 6,600 professionals working in its industrial, forestry, and port operations. Present in Brazil since 2009, the company is a representative of the bioeconomy, the production of renewable biological resources. Its operations are based on the circular economy concept, transforming 100% solid waste from the industrial process into 13 new products, from raw material for the production of cement and wood panels to soil pH correctors and organic fertilizers. The CMPC group completed 100 years of operations in 2020 and currently has more than 18 thousand employees in 48 industrial units in eight Latin American countries. More information is on the site.
ABOUT CNI
The Brazilian National Confederation of Industry (CNI) represents Brazilian industry. As the highest body in the employers' union system of industry, it has defended the interests of the domestic industry since its founding in 1938. Since then, working in coordination with the executive, legislative, and judiciary branches of government and various entities and organizations in Brazil and abroad. CNI represents 27 federations of industries and 1,250 employer unions affiliated with almost 700,000 enterprises. It directly manages the Social Service of Industry (SESI), the National Services for Industrial Learning (SENAI), and the Euvaldo Lodi Institute (IEL). Together with CNI, these institutions form the Industry System, which also brings together state industry federations and employer unions. For more information, visit http://www.portaldaindustria.com.br/cni/en/
ABOUT SOSA
SOSA is a global open innovation company. We work with innovation teams and business units in corporations (like LG, HP, Schneider Electric, Natura, Klabin, Swiss Re) and governments (like Australia, Brazil, Canada, and Taiwan). We scout and validate startups and technologies to bring our clients the solutions they need to solve acute problems, identify opportunities, or build new products. Think noise-canceling headphones for the endless supply of startups.
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SOURCE SOSA | https://www.mysuncoast.com/prnewswire/2022/08/01/cmpc-one-latin-americas-largest-pulp-paper-companies-partners-with-cni-sosa-optimize-its-supply-chain-efficiency/ | 2022-08-01T15:30:38Z |
NEW YORK, May 6, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for UBER, LYFT, DASH, NFLX, and SHOP.
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SOURCE InvestorsObserver | https://www.kxii.com/prnewswire/2022/05/06/thinking-about-trading-options-or-stock-uber-lyft-doordash-netflix-or-shopify/ | 2022-05-06T17:04:20Z |
Advocates worry other rights at risk if SCOTUS overturns Roe v. Wade
WASHINGTON (AP) - Little doubt remains about what the Supreme Court plans to do with Roe v. Wade. But uncertainty abounds about ripple effects as the court nears a final opinion expected to overturn the landmark 1973 case that created a nationwide right to abortion.
A leaked first draft of the majority opinion in the case, authenticated Tuesday by the Supreme Court, suggests that a majority of justices are poised to toss out Roe. The draft’s provocative rhetoric also is generating concern that LGTBQ advances and other matters based on the right to privacy could be vulnerable in a newly hostile political environment.
“This is about a lot more than abortion,” President Joe Biden warned Wednesday, saying the court’s draft opinion could jeopardize same-sex marriage, access to contraception and LGBTQ rights.
“What are the next things that are going to be attacked? Because this MAGA crowd is really the most extreme political organization that’s existed in recent American history,” Biden said.
Court opinions can change in ways big and small throughout the drafting process. So while the eventual ruling in the abortion case appears all but assured, the written rationale — and its implications — may still be a hotly debated subject inside the court’s private chambers.
The draft’s potentially sweeping impact could be tempered by the other justices, or it could emerge largely unchanged — with what advocates and Biden say could bring even more severe consequences.
The draft opinion, written by Justice Samuel Alito, a member of the court’s 6-3 conservative majority, argues that unenumerated constitutional rights — those not explicitly mentioned in the document — must be “deeply rooted in the Nation’s history and traditions.” And it says abortion doesn’t meet that standard.
Biden and others are sounding alarms that the same logic could be used to toss out other protections.
The president said he believed the conservative justices on today’s court would, like failed Supreme Court nominee Robert Bork in 1987, disagree with the court’s ruling in Griswold v. Connecticut, which said that a right to privacy exists that bars states from interfering in married couples’ right to buy and use contraceptives.
Cases like Lawrence v. Texas, which struck down sodomy laws criminalizing same-sex intimacy, and Obergefell v. Hodges, which legalized gay marriage, are based at least in part on that same right to privacy.
Alito, in the draft opinion, explicitly states that the court is only targeting the right to abortion, not those other matters.
“We emphasize that our decision concerns the constitutional right to abortion and no other right,” the draft states. “Nothing in this opinion should be understood to cast doubt on precedents that do not concern abortion.”
Obergefell is different from Roe in that hundreds of thousands of same-sex couples have relied on it to wed and created legal bonds, like shared property, inheritance rights and “settled expectations about the future,” said Teresa Collett, a professor at the University of St. Thomas School of Law and director of its Prolife Center.
Courts are usually loath to undo that kind of precedent. It stands in contrast to abortion, which is usually “a response to unplanned circumstances,” Collett said.
Obergefell, moreover, relies on the Constitution’s Equal Protection Clause as well as the right to privacy.
The current Supreme Court abortion case specifically concerns a Mississippi law that bans abortion after 15 weeks — before the “viability” standard set in the 1992 case Planned Parenthood v. Casey, which itself moved beyond Roe’s initial trimester framework for regulating abortion.
At arguments in December, all six conservative justices signaled they would uphold the Mississippi law, and five asked questions suggesting they supported overturning the right to abortion nationwide, leaving the issue up to individual states.
Only Chief Justice John Roberts seemed prepared to take the smaller step of upholding the 15-week ban, in essence overturning the court’s ruling in Casey, while leaving in place the right to an abortion in Roe.
Until now, the court has allowed states to regulate but not ban abortion before the point of viability, around 24 weeks. The court’s three liberal justices appeared certain to be in dissent.
Still, the language and tone Alito uses overall could encourage more challenges, said Jason Pierceson, professor of political science at the University of Illinois, Springfield. “If the right to privacy is deconstructed or is hollowed out, or is minimized, then those cases in particular have less standing,” Pierceson said.
A challenge to same-sex marriage could come before the high court on religious liberty grounds, for example, such as someone arguing their religious faith prevents them from recognizing same-sex marriage. Cases along those lines have been mostly about exceptions to anti-discrimination laws so far, Pierceson said, “but one could see potentially a broadening of the argument to the fact that maybe same-sex marriage laws are unconstitutional in the first place.”
LGBTQ rights have made rapid progress over the past decade, and public opinion overall has become much more supportive. But especially over the past year there has been a wave of bills in state legislatures aimed at transgender youth sports and healthcare, as well as talking about LGBTQ issues in certain classrooms. Backers of those bills generally argue they’re needed to protect kids and the rights of parents.
Against that backdrop, the draft opinion, if finalized, could “send up a flare” to conservative activists, said Sharon McGowan, legal director at Lambda Legal.
“Overturning Roe will be most dangerous because of the signal it will send lower courts to disregard all the other precedents that exist,” she said.
“It’s starting with abortion. It’s not going to end with abortion,” said Mini Timmaraju, the president of NARAL Pro-Choice America. “So everyone needs to be very vigilant.”
Critics could also take a page from the anti-abortion playbook, which involved multiple measures over the decades that tackled the issue from different angles, imposed limits rather than sweeping prohibitions and employed unusual strategies like the civil-enforcement mechanism that’s already essentially allowed Texas to ban abortion, said Alison Gash, a professor at the University of Oregon.
“It opens the door for all sorts of stuff that I think we’re probably going to see now that we’ve got a court that seems willing to support that kind of creativity,” she said. “It’s all speculation, but it seems perfectly plausible for us to see Republican experimentation on a whole bunch of policies that could be affected by this.”
Donna Lieberman, executive director of the New York Civil Liberties Union, said that “what comes through loud and clear in the draft” is that the agenda “is not just to get rid of abortion but to ban contraception, to eliminate all the important progress that we’ve made about LGBTQ rights, about the rights of trans children, and also about racial equality.”
___
Associated Press writer Chris Megerian in Washington contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/05/advocates-worry-other-rights-risk-if-scotus-overturns-roe-v-wade/ | 2022-05-05T14:05:33Z |
- Second subsidiary to become independent; decisive step to continue unlocking value at ALFA
- ALFA will transfer all its Axtel shares to a new, listed entity: Controladora Axtel
- ALFA Shareholders will receive one share of Controladora Axtel for each ALFA share they own
- Spin-off, listing and share distribution processes expected to be completed before year end
SAN PEDRO GARZA GARCÍA, Mexico, July 12, 2022 /PRNewswire/ -- ALFA, S.A.B. de C.V. (BMV: ALFAA) ("ALFA" or the "Company") held today an Extraordinary Shareholders' Meeting where a proposal to spin-off its entire ownership stake in Axtel, S.A.B. de C.V. (BMV: AXTELCPO) ("Axtel") was approved.
On behalf of ALFA's Board of Directors, Armando Garza Sada, Chairman of the Board, presented the proposal through which ALFA will execute the spin-off as a splitting entity. In addition, a new entity would be constituted as the spun-off company ("Controladora Axtel"), which will be listed on the Mexican Stock Exchange. ALFA will transfer its entire share ownership in Axtel to Controladora Axtel, as well as certain other assets and capital. ALFA expects to complete the spin-off, listing and share distribution processes before year end.
ALFA shareholders will receive one share of Controladora Axtel for each of their ALFA shares, in addition to retaining their share ownership in ALFA's equity.
"We greatly appreciate our Shareholders' vote of confidence, supporting ALFA's transformational efforts to unlock its extraordinary value potential. This approval reinforces our commitment to continue driving an orderly process, following a balanced capital allocation approach," noted Armando Garza Sada, Chairman of ALFA's Board of Directors.
"Axtel begins today a new stage as an independent business from ALFA and will get all of our support to ensure a successful transition. Axtel's talented and dedicated team has an extraordinary capability to drive growth and extend its long track record as an industry leader," said Alvaro Fernández Garza, President of ALFA.
Contacts
Hernán F. Lozano
V.P. of Investor Relations ALFA, S.A.B. de C.V.
T. +52 (81) 8748-2521
iralfa@alfa.com.mx
Carolina Alvear
Corporate Communication Director
ALFA, S.A.B. de C.V.
T. +52 (81) 8748-2521
comunicacion@alfa.com.mx
About ALFA
ALFA manages a diversified portfolio of leading businesses with global operations: Sigma, a leading multinational food company, focused on the production, marketing and distribution of quality foods through recognized brands in Mexico, Europe, United States and Latin America. Alpek, one of the world's leading producers of polyester (PTA, PET, rPET and fibers), and the leader in the Mexican market for polypropylene and expandable polystyrene (EPS). Axtel, a provider of Information Technology and Communication (ITC) services for the enterprise and government segments in Mexico. In 2021, ALFA reported revenues of Ps. 308,060 million (US $15.2 billion), and EBITDA of Ps. 41,050 million (US $2.0 billion). ALFA's shares are quoted on the Mexican Stock Exchange and on Latibex, the market for Latin American shares of the Madrid Stock Exchange. For more information, please visit www.alfa.com.mx
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SOURCE ALFA, S.A.B. de C.V. | https://www.mysuncoast.com/prnewswire/2022/07/12/alfa-shareholders-approved-proposal-spin-off-axtel/ | 2022-07-13T06:53:15Z |
More than 38% of eligible UEX securities have already been tendered, as of this press release, with 93.4% voting in favour of the UEC transaction
CORPUS CHRISTI, Texas and SASKATOON, SK, Aug. 8, 2022 /PRNewswire/ - Uranium Energy Corp. (NYSE American: UEC) (the "Company" or "UEC") and UEX Corporation (TSX: UEX) "UEX" are pleased to announce that they have entered into an amending agreement (the "Amending Agreement") to the previously announced arrangement agreement dated June 13, 2022, as amended June 23, 2022, among UEX, UEC and the UEC 2022 Acquisition Corp., pursuant to which UEC will acquire all of the issued and outstanding common shares of UEX ("UEX Shares") by way of a statutory plan of arrangement (the "Arrangement") under the Canada Business Corporations Act (the "Transaction").
Under the terms of the Amending Agreement, holders of UEX Shares ("UEX Shareholders") will now receive 0.0890 of one common share of UEC (a "UEC Share") for each UEX Share held, implying consideration of approximately C$0.49 per UEX Share based on the closing price of UEX Shares and UEC Shares on the Toronto Stock Exchange and the NYSE American Exchange, respectively, and the spot exchange rate as of August 5, 2022. The Amending Agreement also increases the termination fee (to be paid by UEX to UEC if the Transaction is terminated in certain specified circumstances) by 7%, which is an increase proportional to the percentage increase in the offered exchange ratio under the Amending Agreement. Other than the foregoing, the terms of the Transaction remain unamended.
Amir Adnani, President and CEO of UEC, commented: "We are pleased to have come to an agreement with UEX and look forward to completing this Transaction following the UEX Shareholder vote tomorrow. As mentioned previously, the acquisition is expected to double UEC's uranium resources1 at only 14.2% dilution to existing UEC Shareholders. Completion of this Transaction will create the largest, diversified North American focused uranium company with 100% unhedged production. Roger Lemaitre and the UEX team have done a remarkable job assembling and advancing a highly prospective portfolio and UEC is looking forward to working with their experienced Canadian team to unlock additional value for shareholders."
Roger Lemaitre, President and CEO of UEX, commented: "We look forward to tomorrow's Meeting where shareholders will have the opportunity to vote on the amended UEC-UEX arrangement. We believe the combined companies will become the 'go-to' name in the uranium industry. The combined company would be unique, possessing a strong balance sheet, near-term production capacity at the Wyoming and Texas Hubs, a solid long-term uranium production pipeline, the ability to continue to grow its resource base through continued exploration in the Athabasca Basin and its U.S. properties, and the opportunity to extract additional value by holding one of the largest property portfolios in the industry."
The terms of the Amending Agreement were agreed following receipt by UEX of a competing acquisition proposal on July 28, 2022 for all of the issued and outstanding UEX Shares.
The Amending Agreement has been unanimously approved by the Board of Directors of UEX who continue to recommend that UEX Shareholders and holders of options and restricted share units of UEX (collectively, the "UEX Securityholders") vote in favour of the Transaction. The Amending Agreement has also been unanimously approved by the Board of Directors of UEC.
Full details of the Transaction are included in the management information circular of UEX dated July 8, 2022 (the "Circular"). The Transaction will be subject to the approval of at least (i) 66 2/3% of the votes cast by UEX Shareholders, and (ii) 66 2/3% of the votes cast by UEX Securityholders, voting together as a single class, at the special meeting of UEX Securityholders which will continue to be held on Tuesday, August 9, 2022, at 10:00 a.m. (Vancouver time) at the Metropolitan Hotel, 645 Howe Street, Vancouver, British Columbia (the "Meeting").
If the UEX Securityholders approve the Arrangement at the Meeting, it is currently anticipated that the Arrangement will be completed in by mid-August, subject to obtaining court approval, stock exchange approval and certain required regulatory approvals, as well as the satisfaction or waiver of other conditions contained in the Arrangement Agreement.
On completion of the Arrangement, former UEX Shareholders are expected to hold approximately 14.2% of the outstanding UEC Shares (based on the issued and outstanding UEC Shares as of the date hereof).
None of the securities to be issued pursuant to the Transaction have been or will be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and any securities issuable in the Transaction are anticipated to be issued in reliance upon available exemptions from such registration requirements pursuant to Section 3(a)(10) of the U.S. Securities Act and applicable exemptions under state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.
UEX Securityholders who have questions regarding the Transaction should contact Laurel Hill Advisory Group by telephone at 1-877-452-7184 (North American Toll Free) or 1-416-304-0211 (Outside North America), or by email at assistance@laurelhill.com.
Uranium Energy Corp is America's leading, fastest growing, uranium mining company listed on the NYSE American. UEC is a pure play uranium company and is advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (ISR) mining uranium projects. The Company has two production ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at the Hobson and Irigaray plants. UEC also has seven U.S. ISR uranium projects with all of their major permits in place. Additionally, the Company has other diversified holdings of uranium assets, including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in the only royalty company in the sector, Uranium Royalty Corp.; and (3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
UEX is a Canadian uranium and cobalt exploration and development company involved in an exceptional portfolio of uranium projects. UEX's directly-owned portfolio of projects is located in the eastern, western and northern perimeters of the Athabasca Basin, the world's richest uranium region which in 2020 accounted for approximately 8.1% of the global primary uranium production. In addition to advancing its uranium development projects through its ownership interest in JCU, UEX is currently advancing several other uranium deposits in the Athabasca Basin which include the Paul Bay, Ken Pen and Ōrora deposits at the Christie Lake Project , the Kianna, Anne, Colette and 58B deposits at its currently 49.1%-owned Shea Creek Project, the Horseshoe and Raven deposits located on its 100%-owned Horseshoe-Raven Project and the West Bear Uranium Deposit located at its 100%-owned West Bear Project.
Full details of the amendment are set out in the Amending Agreement, which will be filed by UEX under its profile on SEDAR at www.sedar.com and UEC under its profiles on SEDAR at www.sedar.com and EDGAR at www.sec.gov. In addition, further information regarding the Arrangement has been shared in the Circular prepared in connection with the Meeting and filed on UEX's profile on www.sedar.com. All UEX Securityholders are urged to read the Amending Agreement and the Circular, as they will contain additional important information concerning the Arrangement.
Stock Exchange Information:
NYSE American: UEC
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, market and other conditions, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
This news release includes certain "Forward‐Looking Statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward‐looking information" under applicable Canadian securities laws. These forward‐looking statements or information relate to, among other things: the ability of UEC and UEX to satisfy the other conditions to, and to complete the Arrangement; and the anticipated timing of closing of the Arrangement.
These statements reflect the parties' respective current views with respect to future events and are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies. Such factors include, the synergies expected from the Arrangement not being realized; business integration risks; fluctuations in general macro‐economic conditions; fluctuations in securities markets and the market price of UEC Shares; fluctuations in the spot and forward price of uranium or certain other commodities (such as natural gas, fuel oil and electricity); fluctuations in the currency markets (such as the Canadian dollar and the U.S. dollar); changes in national and local government, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; operating or technical difficulties in connection with mining or development activities; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards and industrial accidents); risks relating to the credit worthiness or financial condition of suppliers, refiners and other parties with whom the parties do business; inability to obtain adequate insurance to cover risks and hazards; and the presence of laws and regulations that may impose restrictions on mining, availability and increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development, including the risks of obtaining necessary licenses, permits and approvals from government authorities; title to properties; and the factors identified under the caption "Risk Factors" in UEC's Form 10K and under the caption "Risk Factors" in UEX's Annual Information Form.
In addition, the failure of UEX to comply with the terms of the Amending Agreement may result in UEX being required to pay a termination fee to UEC, the result of which could have a material adverse effect on UEX's financial position and results of operations and its ability to fund growth prospects and current operations. Although the UEX has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be anticipated, estimated or intended. The parties do not intend, and do not assume any obligation, to update these forward‐looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affecting such statements or information, other than as required by applicable law.
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SOURCE Uranium Energy Corp | https://www.mysuncoast.com/prnewswire/2022/08/08/uranium-energy-corp-uex-corporation-announce-amendment-arrangement-agreement-special-meeting-uex-securityholders-will-remain-tuesday-august-9-2022/ | 2022-08-08T11:48:09Z |
NEW YORK, June 27, 2022 /PRNewswire/ -- Institutional investors managing in excess of $20 billion have organized a group (the "Group") of holders of unsecured notes (the "Unsecured Notes") issued by certain subsidiaries of Endo International plc (collectively, "Endo," or the "Company"). As communicated to the Company and its board of directors (the "Board"), including pursuant to a letter sent on June 21 and a meeting on June 24, the Group is prepared to engage constructively on solutions that benefit all stakeholders.
To that end, the Group has proposed several out-of-court transactions, including having the Company commence a cash tender offer or commence a debt-for-debt exchange, that the Group believes would create substantial value in a manner consistent with the Board's fiduciary duties. In the Group's view, such transactions could realize meaningful debt discount and reduce interest expense while leaving the Company with ample liquidity to continue operating its business and investing in its pipeline.
The Group has further emphasized to the Company that a near-term bankruptcy filing is unnecessary due to Endo's strong liquidity, significant maturity runway and considerable free cash flow generation. Notably, the Company recently disclosed that as of March 31, 2022 it had over $1.4 billion of unrestricted cash, approximately $640 million of availability under its revolver, no "Material Indebtedness"1 due until October 2024 and only approximately $660 million of total funded debt maturities through the end of March 2027.2 At the same time, the Group communicated that, in its view and in line with the Company's own recent disclosure, Endo does not appear to face any looming covenant breaches or unmanageable near-term litigation payments.3 In fact, in advance of its June 9, 2022 annual meeting, the Company touted the "outstanding performance" of its management to justify a compensation package to three of its top executives of almost $50 million, including nearly $20 million of cash "prepaid" in late 2021.4 It is perhaps not surprising, then, that market observers expect the Company to generate levered free cash flow in each of the next several years.5
In addition to stressing that a near-term bankruptcy filing is not necessary, the Group has also emphasized to the Company and Board that such a path could destroy significant value for stakeholders. In this regard, the Group sees little prospect of Endo filing for bankruptcy in the coming months with a framework for a confirmable plan. Indeed, in the Group's opinion, a plan cannot be confirmed if it does not provide material recovery to the Unsecured Notes in light of, among other factors, the likely existence of meaningful unencumbered value, the structural seniority of the Unsecured Notes and the overall value of the enterprise. With a plan likely to be out of reach in the near term, the Group thus fears that bankruptcy, which is often expensive and time consuming, will be particularly destructive for Endo.
As a result, the Group has urged Endo and the Board to pursue a different, more constructive path. As part of this effort, it has retained White & Case LLP and GLC Advisors & Co., LLC as legal and financial advisor, respectively.
Holders of Unsecured Notes who wish to learn more about the Group and its objectives are encouraged to reach out to projectcarrot@whitecase.com and/or michael.sellinger@glca.com.
This press release contains certain forward-looking statements, including statements that include the words "proposed" and "expect." Such statements reflect current expectations and are subject to risks and uncertainties. The statements are based on assumptions, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from those projected, expressed or implied by these forward-looking statements. These forward-looking statements speak only as of the date they are made and we do not undertake any obligation to update these statements.
1 In its most recently executed credit agreement, Endo defines "Material Indebtedness" as certain debt with an aggregate principal amount exceeding $150 million. See Amendment and Restatement Agreement, dated as of March 25, 2021, available at https://www.sec.gov/Archives/edgar/data/1593034/000119312521094652/d120772dex101.htm
2 Endo International plc, Form 10-Q for Quarterly Period Ended March 31, 2022 at 18, 40, 41, available at https://www.sec.gov/Archives/edgar/data/1593034/000159303422000044/endp-20220331.htm.
3 Id. (with the Company noting that "[it] currently expect[s] our operating cash flows, together with our cash, cash equivalents, restricted cash and restricted cash equivalents, to be sufficient to cover our principal liquidity requirements over the next year…").
4 Endo International plc, Schedule 14A (April 28, 2022) at 31, 53, available at https://www.sec.gov/Archives/edgar/data/1593034/000119312522125607/d46171ddef14a.htm.
5 Consensus is per S&P Capital IQ as of the date of this press release. Levered free cash flow as used herein denotes cash from operations less capital expenditures prior to litigation-related payments.
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SOURCE White & Case LLP | https://www.kxii.com/prnewswire/2022/06/27/endo-unsecured-noteholders-announce-formation-group-communications-with-company/ | 2022-06-27T13:06:06Z |
DALLAS (KDAF) — Looking for a new job? Looking to get into teaching? In or looking to move close/into the North Texas area? Well, you’re in luck as we found a potential fit for you in the city of Frisco.
Frisco ISD is looking to fill several professional, paraprofessional and auxiliary positions. They’re not only looking forward to you submitting your application but want you to attend their July 14 job fair as well!
The school district says, “Do you see yourself in Frisco ISD? We’re looking to fill several professional, paraprofessional and auxiliary positions!”
- Ready to submit an application? Visit http://ow.ly/cxzF50JPSus.
- Want to attend our July 14 job fair? Find event details at http://ow.ly/sL3u50JPSur.
Quick note from Frisco ISD, “Frisco ISD typically posts positions for critical and unique needs as well as difficult-to-fill areas, which include campus-based roles in special education, bilingual/ESL, math, science, library science and counseling. Posted teaching positions may not reflect all available positions. The Human Resources Department accepts applications throughout the year for all teaching positions. In addition, the District has frequent and ongoing needs in Transportation, Child Nutrition and Custodial Services.”
The Frisco ISD Job Fair will be for teachers, paraprofessionals and auxiliary staff positions, “Benefits include a great work environment, school holidays off, paid personal and sick leave, health benefits, access to the teacher retirement system and more.”
The fair is set for July 14 from 3-5 p.m. at the Career and Technical Education Center at 9889 Wade Blvd. Want more information? Click here! | https://cw33.com/news/local/on-the-hunt-for-a-new-job-frisco-isd-is-hiring-hosting-a-job-fair-on-july-14/ | 2022-07-07T19:46:03Z |
AP National Sports By Associated Press Published April 11, 2022 5:22 AM Share on FacebookShare on Twitter Share on Linkedin Bale in the spotlight ahead of Madrid’s game against Chelsea By TALES AZZONI AP Sports Writer AP National Sports | https://localnews8.com/sports/ap-national-sports/2022/04/11/bale-in-the-spotlight-ahead-of-madrids-game-against-chelsea/ | 2022-04-11T12:59:55Z |
SAN FRANCISCO, June 28, 2022 /PRNewswire/ -- Roostify, a leading mortgage technology provider, has partnered with Indecomm, a provider of mortgage automation. The partnership integrates Indecomm's IncomeGenius, an automated income calculation technology, into Roostify's data intelligence solutions.
The integration accelerates Roostify Beyond's vision to deliver next-level data and document intelligence that streamlines and automates processing and underwriting workflows, including the analysis of income, assets, and credit. Roostify Beyond's Analysis Assistant uses data from automated VOA/VOE/VOI reports and borrower-uploaded documents during the application process as well as loan application data to analyze a borrower's assets and income.
The IncomeGenius integration expands Roostify's existing income calculation capabilities by enabling automated income calculations for self-employed borrowers. IncomeGenius receives self-employment documents and data from Roostify Beyond's Analysis Assistant, applies its proprietary machine-learning algorithms to deliver a thorough self-employment income analysis, and generates a GSE worksheet, in line with guidelines specified by Fannie Mae and Freddie Mac. It then sends this information back to the Roostify Beyond platform, which is displayed as a part of the interactive Analysis Assistant dashboard.
"Improving loan assembly and processing costs, and timeframes is an imperative for all lenders in today's environment," says Roostify co-founder and CEO Rajesh Bhat. "Roostify Beyond already incorporates income calculation and analysis for the most common employment scenarios. With the integration of IncomeGenius, we can now simplify and automate calculations for self-employed borrowers, an increasingly important use case as the gig economy expands."
Using standardized rules and algorithms, IncomeGenius minimizes risk related to manual inputs and calculation errors, doubling productivity at loan set-up and reducing time spent on income calculations by 60%. Additionally, IncomeGenius ensures 100% compliance with audit requirements and provides a complete audit trail, serving as a single source of truth for all documentary evidence.
"In middle-office mortgage operations, associates spend a painstaking amount of time verifying, validating, and comparing data and docs," said Indecomm CEO Rajan Nair. "When this happens, you know that your associates are moving away from the purpose of serving the borrower. Now, merging the intelligent data offerings of Roostify Beyond with IncomeGenius automation, lenders can accelerate complex analyses and react more quickly and accurately, while minimizing risk."
Mutual customers of Roostify and Indecomm will benefit from a one-time, one-touch set up for both products through Roostify's easy-to-configure console. This integration showcases Roostify's commitment to building a truly data-driven, simplified home lending experience.
Based in San Francisco, Roostify was founded in 2012 to modernize and simplify the manual, inefficient mortgage process and create a more enjoyable experience for the customer and lender. Today, Roostify is helping lenders process more than $50 billion in loans each month, from large enterprise banks to thriving independent brokerages. Roostify empowers lenders to accelerate and simplify the lending process to help lenders and customers alike unlock more of life's big moments. For more information, please visit www.roostify.com
Founded more than 25 years ago, Indecomm blends intelligent automation with deep mortgage banking expertise to deliver groundbreaking mortgage innovations that help businesses optimize operations and achieve competitive advantage. Backed by a 1500-strong global workforce, mortgage organizations benefit from Indecomm's automation-as-a-service approach, which enables better borrower experiences by streamlining middle and back-office operations.
Indecomm takes an automation-first approach, partnering with large and mid-sized lenders, servicers, mortgage insurers, and title companies to create efficiencies at every phase of the mortgage lifecycle. Specifically, Indecomm products and services leverage robotics process automation (RPA), supervised automation, and machine learning to tackle the industry's most complex operational challenges.
For more information visit www.indecomm.com.
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SOURCE Roostify | https://www.mysuncoast.com/prnewswire/2022/06/28/roostify-adds-indecomms-incomegenius-bolster-income-calculation-capabilities-self-employed-borrowers/ | 2022-06-28T13:44:01Z |
Fort Myers fifth grader arrested, accused of making school shooting threat
FORT MYERS, Fla. (AP) — A 10-year-old Florida fifth grade student has been arrested after making a school threat, sheriff’s officials said.
Investigators learned of the threats made by the boy on Saturday and arrested him, Lee County Sheriff Carmine Marceno said in a social media post.
“This student’s behavior is sickening, especially after the recent tragedy in Uvalde, Texas,” the sheriff said.
An 18-year-old gunman entered Robb Elementary School in Uvalde, Texas, on Tuesday and opened fire on a fourth grade classroom, killing 19 students and two teachers.
Marceno said that making sure “our children are safe is paramount.”
According to the sheriff, investigators learned of a threatening text message sent by the boy, who attended Patriot Elementary School in Cape Coral, which is near Fort Myers on Florida’s Gulf Coast.
“We will have law and order in our schools! My team didn’t hesitate one second…NOT ONE SECOND, to investigate this threat,” Marceno said.
He said the school threat enforcement team was notified and began analytical research on the threat. Detectives then interviewed the boy and developed probable cause for his arrest.
The boy was charged with making a written threat to conduct a mass shooting.
“Right now is not the time to act like a little delinquent. It’s not funny. This child made a fake threat, and now he’s experiencing real consequences,” the sheriff said.
In a YouTube video, the sheriff’s office showed a deputy walking to the boy to a squad car. The Associated Press is not identifying the child because of his age.
Sheriff’s officials did not say whether the boy remained in a juvenile facility or was released to his parents.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/05/30/fort-myers-fifth-grader-arrested-accused-making-school-shooting-threat/ | 2022-05-30T19:16:32Z |
Shorter Callout Times, Lower Daily Minimums, Expanded Service Areas
BOSTON, Aug. 16, 2022 /PRNewswire/ -- Magellan Jets has enhanced its membership and jet card programs with the specific goal of helping clients return to business with confidence and ease. The Boston-based private aviation provider has expanded its Jet Card and Membership programs, adding the Explorer100 Private Jet Membership as well as a number of program features designed to help guests fly with greater freedom, flexibility, assurance, and certainty than ever before—including the ability to exercise a refund clause if market changes force them to reconsider their private aviation investment.
"As our programs have grown, we have experienced some of the highest levels of volume we've ever seen combined with some of the biggest challenges in aviation history, and we've learned a lot about what our clients need in today's re-opening market," said Magellan Jets President and co-founder Anthony Tivnan. "Everything we're announcing is a direct result of our singular belief in listening to our customer's needs. All of these program enhancements serve our passion for helping people live their best lives."
The company is launching these enhancements without removing any of the current features Magellan guests love, such as guaranteed no re-quote backup and recovery.
Explorer100 is Magellan's new, funds-on-account membership program based on their popular and award-winning Explorer Membership. Magellan's members enjoy fixed-rate pricing across four cabin-size categories; with a starting account of $100,000, members secure Explorer100's 12-month rate lock and unlock additional amenities including guaranteed Wi-Fi and long-leg/round-trip discounts.
Magellan has re-focused its legacy Jet Card Program around only the most popular and most-requested aircraft, such as the Phenom 300, a favorite among clients because of its spacious cabin volume and large baggage capacity. While many savvy flyers enjoy the ability to purchase jet-specific jet cards (popularized by the fractional jet model), lower hourly rates are available for those who only need access to a specific category of aircraft.
In a major move that will save money for customers making shorter flights, daily minimums—the minimum amount of flight time charged per day—are being reduced to as little as 60 minutes. According to Private Jet Card Comparisons, a buyer's guide tracking jet card and membership programs, light jet daily minimums have averaged 103.9 minutes at the end of Q2, a 33% increase from the end of 2019.
Jet Card Owners who purchase hours in larger blocks can take advantage of additional benefits such as fuel discounts and 18 month rate locks, which hold tremendous value for long-term planning and budgeting.
To provide guests with even more confidence in their investment despite widespread economic uncertainty, both Explorer100 Members and Jet Card Owners now have the ability to exercise a refund clause in their account in the event they need to re-assess their aviation needs.
"We've seen hesitancy among companies and individuals around making large, multi-year investments right now without knowing what the impact could be months and years down the line," said Magellan Jets President and co-founder Anthony Tivnan. "While other providers continue to lock their customers into multi-year agreements, we want to provide an additional layer of risk- and recession-proofing by allowing customers to recoup their unused investment if the need to pivot their business travel plans arises."
To meet the needs of returning corporate customers, both the Explorer100 Membership and Magellan's Jet Cards provide the flexibility to shorten their callout time even further and book a jet within as little as 24 hours' notice.
"In the last six months, we've seen corporate business once again become a larger part of our customer base, and we want to ensure our travelers have the products that work for their business," said Tivnan. "Callout time is important for our business clients. What has become certain is business travel uncertainty, and flexibility in scheduling and re-scheduling is critical. As market challenges have begun to subside, we've adapted, going from 72 hours down to the 24-hour callout ability."
Additional exciting program announcements include the unification of Magellan's Primary service area to include all 48 contiguous United States, as well as the addition of several popular international destinations, including Jamaica and the Cayman Islands.
To read more about the new Explorer100 Membership, click here; for more information about the enhancements to Magellan's Jet Card offerings, click here.
Magellan Jets is a Boston-based private aviation solutions provider built on a commitment to three core values: Lead With Safety, Care Deeply, and Create Amazing. Founded in 2008, Magellan Jets' innovative model offers jet card ownership, jet membership, and on-demand charter services designed to provide the freedom and exceptional personalized service that private travelers demand. Magellan and its FAA-certificated Flight Support Department ensure every detail is tailored to exceed guests' expectations. Safety, security, privacy, and an uncompromising commitment to excellence in hospitality combine with the most heavily audited and thoroughly vetted network of aircraft in the world to let travelers experience private aviation the way it is meant to be—purely private.
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SOURCE Magellan Jets | https://www.mysuncoast.com/prnewswire/2022/08/16/magellan-launches-new-program-enhancements/ | 2022-08-16T19:33:38Z |
SOUTH LAKE TAHOE, Calif. (KTXL) — A luxury yacht that is docked in South Lake Tahoe and was seen on the television sitcom “Modern Family” sold for over half of a million dollars, Apple Auctioneering Company confirmed Wednesday.
The winning bid for the 85-foot yacht named the “Sierra Rose” was $520,000 after the online-only auction ended Tuesday. The triple-level cabin yacht is docked at the Tahoe Keys Marina in South Lake Tahoe and was being auctioned off by the U.S. Marshal Service.
Fred Finney of Coeur D’Alene, Idaho built the triple-level cabin for $4 million in 2005.
When the vessel was built, it was billed as the largest non-commercial yacht on Lake Tahoe, according to the Tahoe Daily Tribune. In an August 2008 action, the yacht previously sold for $3.25 million, the newspaper reported.
The luxury yacht includes three bedrooms, 3 ½ bathrooms, and a helicopter pad with hydraulic and motorized handrails and LED deck lights. Photos on the auctioning site show some of the yacht’s inside features including a kitchen and fireplace with a fire pit on the deck.
According to court documents, the U.S. Marshals seized the yacht in July 2020 and it was auctioned off as a result of a federal civil lawsuit. Court documents said a judge ruled that the owners had a balance of $350,000, plus interest and late charges, totaling $848,062, as of June 1, 2021.
The owners also have an accrued interest rate of $136.11 per day.
Apple Auctioneering Co. specializes in the liquidation of seized assets for government agencies, according to its website.
According to the company, the buyer beat out 16 other bids to secure the yacht. The buyer didn’t say whether they’d relocate or keep the yacht docked on the lake, the company said.
The “Sierra Rose” was featured on the “Modern Family” episode “Lake Life,” which was the first episode of Season 9. The episode aired on Sept. 27, 2017, according to IMDb.com. | https://cw33.com/news/luxury-yacht-seen-on-modern-family-sells-at-deep-discount-after-federal-seizure/ | 2022-06-16T15:41:00Z |
LAS VEGAS, June 2, 2022 /PRNewswire/ -- Last weekend, EDC Las Vegas successfully concluded its premium flagship festival. More than 300 artists and more than 400,000 fans attended EDC Las Vegas 2022. Memories were made as tens of thousands of festival goers traveled to the Las Vegas Motor Speedway from May 20 to May 22.
In addition to the exciting performances, this is the ultimate Instagram influencer playground, with plenty of photo ops. GeekBar, a brand owned by Geekvape Technology Co., Ltd, also joined the exciting music party, bringing a fun and unique experience for music fans.
Why GeekBar and music festivals just go together
The reason is straightforward. People attend music festivals to unwind and enjoy the music. GeekBar can provide a pleasurable and soothing experience. At the same time, most music festivals take place outdoors, making GeekBar not only free of open flames and cigarette smoke, but also more environmentally friendly.
One of the reasons why GeekBar is so popular with customers has always been the diversity of flavors available. GeekBar launched the GeekBar X6000 and GeekBar Pro, as well as their most traditional GeekBar collection. The products come in handy crystal and with use-fit mouthpieces in a rich rainbow of colors.
What makes GeekBar such a must-have for music festivals
On the one hand, GeekBar acknowledges that smoking has long been an annoyance at music festivals and other large outdoor events. Traditional cigarettes entail not only carrying a cigarette case, lighter, or matches, but also dealing with ashes and cigarette butts; and second-hand smoke is a big concern everywhere for non-smokers. This is when the GeekBar becomes a must-have piece of gear.
Last week, GeekBar won two awards at the 2022 Vapouround Awards, namely Best Disposable and Best Shisha Vape. Vapouround is the most authoritative and significant publication in the global market for electronic atomization. GeekBar has been recognized by the audience and media industry for its exceptional product and brand power for two consecutive years.
GeekBar has always prioritized social responsibility and set an example by strictly prohibiting the sale and marketing of their products to minors through any channel. Through the EDC music festival, a new generation of consumers got to know GeekBar better and understand its brand ethos and social responsibility.
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SOURCE GEEKVAPE TECHNOLOGY CO., LTD | https://www.wibw.com/prnewswire/2022/06/02/when-geekbar-meets-edc-music-festival-what-makes-it-must-have-piece-festival-gear/ | 2022-06-02T19:32:59Z |
New analysis also sheds light on impact of Medicaid expansion on health care spending
SEATTLE, Aug. 1, 2022 /PRNewswire/ -- A new state-level analysis of health care costs after implementation of the Affordable Care Act shows wide variations in system-wide health care spending across states. The study, conducted by researchers from the Institute for Health Metrics and Evaluation (IHME) at the University of Washington's School of Medicine and published today in the journal Health Affairs, reveals that differences in spending between states have increased over time, suggesting that some states are more effective at controlling rising health care costs than others. IHME's analysis also sheds light on the spending changes associated with Medicaid expansion on health care spending.
"Our analysis suggests that a sizable share of the variation in health care spending is associated with non-health-care system factors like household income and consumer prices. However, there is a major part of the spending variation that is not explained by the major non-health system factors and therefore represents variation caused by differences in how states run their health systems," said Emily Johnson, Health Expenditure Researcher at IHME and a lead author of the study. "Policymakers in states with higher health care costs can learn a lot from other states that deliver high-quality health care more efficiently."
IHME's analysis shows that at the state level, health care spending per person (inclusive of Medicare, Medicaid, private insurance, Veterans Affairs, the Indian Health Service, and out-of-pocket spending) varied widely in 2019, ranging from $7,250 in Utah to $14,500 in Alaska. While health care spending increased across the board, some states saw much sharper increases than others. From 2013 to 2019, increases in per capita spending ranged from 1 percent in Washington, DC, to 4.2 percent in South Dakota (after adjusting for inflation). The spending gap between states has also widened considerably since 2000.
A complex set of factors, including age, health, income of the population, and cost of living explained a large share of these varied growth rates, but even after controlling for these factors, substantial variation exists. Over 20 percent of the spending variation identified by the study couldn't explained by key non-health system factors like income and population characteristics, and therefore represents differences likely explained by differences in states' health care systems. Some health system characteristics that were associated with greater increases include growth in the number of hospitals, increased utilization of hospital inpatient services, and expansion of insurance coverage. This study provides evidence that supports the perspective that investing in prevention and outpatient care could help curb spending growth.
The analysis shows that out-of-pocket spending varied more than overall health care spending. For example, while overall health care spending is 50 percent higher in South Dakota than it is in Arizona, the average South Dakotan spends nearly three times as much out of pocket per year ($4,600) compared to the average Arizonan ($1,700).
"Controlling health care costs requires concerted action on multiple fronts," said Dr. Joseph Dieleman, Associate Professor in the Department of Health Metrics Sciences at the University of Washington and a lead author of the study. "To help curb increases to health care spending, states should invest in delivering health care outside of hospitals through robust primary care systems and focus on incentivizing high-value care."
In addition, the IHME researchers are calling for academics to conduct further research on state-level health care spending to better understand the drivers of unexplained differences in spending across states.
Unlike previous studies, IHME's analysis accounts for health spending from all sources: public insurance programs including Medicare, Medicaid, Veterans Affairs, and the Indian Health Service; private insurance; and out-of-pocket spending.
IHME's study found that Medicaid expansion was associated with a 1 percent increase in overall costs across the states. This represents a small amount of the variation in spending and pales in comparison to other factors that affect health care spending, such as household income and consumer prices. For children, expanding Medicaid eligibility was associated with lower health care spending, likely due to increased access to preventive medicine, and for pregnant women, increasing eligibility was associated with lower out-of-pocket spending. The study also revealed that average growth rates for out-of-pocket spending were lower in states that expanded access to Medicaid (0.3 percent for Medicaid expansion states vs. 1.2 percent for non-expansion states) and private insurance spending (1.1 percent for Medicaid expansion states vs. 2 percent for non-expansion states).
To existing estimates, IHME's analysis added spending estimates for 2015–2019, shedding light on a period of substantial change in health policy at the state and federal levels. Because of data limitations, most previous studies of state-level health spending have looked at health care spending through 2014, prior to Medicaid expansion in states.
"We know from previous studies that when states enact Medicaid expansion, people have greater access to health care and, by some measures, better health outcomes," said Dr. Dieleman. "For the first time, there's reliable research that reports the costs for all payers of expanding eligibility for Medicaid, including tracking changes to out-of-pocket spending."
An independent population health research organization based at the University of Washington School of Medicine, the Institute for Health Metrics and Evaluation (IHME) works with collaborators around the world to develop timely, relevant, and scientifically valid evidence that illuminates the state of health everywhere. In making our research available and approachable, we aim to inform health policy and practice in pursuit of our vision: all people living long lives in full health.
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SOURCE Institute for Health Metrics and Evaluation | https://www.mysuncoast.com/prnewswire/2022/08/01/ihme-study-shows-dramatic-variation-health-care-spending-across-us-states/ | 2022-08-01T21:38:43Z |
BEREA, Ohio (AP) — Deshaun Watson made a strong impression on his new teammates long ago, scrambling for first downs and rifling touchdown passes while becoming an elite quarterback playing in Houston.
Now in Cleveland, the one he makes off the field may matter more.
Acquired from the Texans in a trade last month, Watson is getting to know the Browns better — and vice versa — during the team’s voluntary offseason program, which will allow the three-time Pro Bowler to focus on football while legally fighting to clear his name.
The 26-year-old has been accused by 22 women of sexual misconduct or sexual assault in massage therapy sessions Watson set up via social media. And while he’s not been charged with any criminal wrongdoing, Watson faces 22 civil lawsuits that could impact his availability with the Browns.
There’s also possible discipline from the NFL, now conducting its own inquiry to determine if Watson violated the league’s personal-conduct policy.
On Wednesday, coach Kevin Stefanski acknowledged Watson’s legal schedule could intersect with the team’s.
“We will work through those types of things,” Stefanski said. “As you know, there are ongoing proceedings, and we will make sure that we work through those.”
The Browns did not make Watson available to the media Wednesday, leaving Stefanski and three players to address questions about what the QB’s arrival means to a team that went all in to add him to its roster.
Stefanski said Watson is fitting in fine.
“He’s being embraced by his teammates,’’ Stefanski said. “We’re in Day 2 of the offseason program so I think it’s like any player on your team that’s new, it takes time to develop relationships. Now is that time.”
Stefanski declined to say whether Watson addressed the Browns about his legal issues or if he was encouraged to do so.
“I am not going to get into specifics there, but I would tell you, with all of our new players when you are first around your teammates, there is a process that you go through in getting to understand people, and you can’t do that all at once and have lunch with the entire team type of thing,” Stefanski said.
“I think Deshaun, like all of our new players, understands that you have to spend time at it when you are talking about developing relationships. He has done a nice job of being around the guys.”
Cornerback Denzel Ward, who officially signed his record-setting five-year, $100 million contract extension Tuesday, didn’t have any prior relationship with Watson other than playing against him.
“He seems like a great guy,” Ward said.
The Browns’ decision to pursue Watson and ultimately give him a fully guaranteed $230 million contract has angered some fans. The optics are certainly questionable given the accusations against Watson, who sat out last season.
While not speaking for all his teammates, Ward said he’s confident general manager Andrew Berry and the club’s front office did its research before bringing in a player with character questions.
“I trust those guys. I trust what they did,” Ward said. “Meeting Deshaun, he seems like a nice guy, and he’s obviously a great talent and I’m looking forward to continuing to build our relationship on and off the field.”
Quarterback Jacoby Brissett will get to know Watson better than most.
Signed as a free agent to be Cleveland’s backup, Brissett could be the starter depending on whether Watson gets suspended. It’s a familiar role for the veteran, who has made 30 career starts during stints with New England, Indianapolis and Miami.
Like Ward, Brissett had little personal background with Watson. They faced off twice a year in the AFC South, but Brissett said those interactions were limited to a postgame handshake and a few words.
They’ll share a room in Cleveland with Josh Dobbs.
Brissett said his early interactions with Watson have been positive.
“The relationship is growing,” he said. “I wouldn’t say we’re best friends, but I can see why people gravitate to him. He seems like a really good dude. He’s very upbeat, a very joyful guy to be around.”
Along with staying ready, Brissett said he’ll also be another level of support for Watson.
“I’ve been around this league to know that players, we deal with real life things, and it goes deeper than football,’’ Brissett said.
Amari Cooper never imagined his trade to Cleveland this winter would be followed by a bigger one.
Just days after the Browns acquired the four-time Pro Bowler from Dallas, Cooper was vacationing in Dubai when word reached him that Watson would be his teammate.
“I was asleep,” Cooper said. “I woke up and saw a whole bunch of text messages and stuff like that. Guys were like, ‘Man, you are lucky.’ It was some of my former teammates, and I was like, ‘What?’ It was cool. I was happy about it.”
Cooper has no doubt he and Watson will connect.
“He’s a great player. I’m a great player,” Cooper said. “We’re going to make it work by any means necessary.”
___
More AP NFL: https://apnews.com/hub/nfl and https://apnews.com/hub/pro-32 and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/watson-embraced-by-teammates-in-browns-offseason-program/ | 2022-04-21T04:27:53Z |
NEW YORK, July 12, 2022 /PRNewswire/ --
- Ultimate Realty secures $70MM in refinance proceeds across 1MM SF industrial portfolio.
- J.P Morgan, RRA Capital and Verus Commercial led the financing package which was arranged by Simon Ziff, Jason Krane and Max Kra from Ackman Ziff.
- Ultimate, led by Joe, Mark and Michael Sabbagh acquired the mostly vacant, eight building portfolio in separate off market transactions in 2020.
- The properties are located across the Orlando, Connecticut and Georgia markets.
- The New York development firm secured a mix of tenants that include Sunbelt Rentals, DHL, Werner Enterprises, Purecycle Technologies along with several others.
- Last month, the firm purchased a pair of warehouses from Angelo Gordon and Kamco Supply Corp in an $18MM acquisition.
- The firm continues to remains bullish on the industrial asset class and is looking to double its warehouse exposure over the next 12-18 months.
"Ackman-Ziff is proud to have represented Ultimate Realty across all of these transactions and assist in building out its diversified, national industrial portfolio. Ultimate Realty has continued to successfully execute on industrial assets and we are glad to have played a part in these complex financings."- Simon Ziff
"Strong population growth, e-commerce disruption and the need for corporations to reshore global supply chains are putting immense pressure on warehouse rents across the sunbelt. We continue to remain optimistic on the sector heading into 2023"- Joe Sabbagh
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SOURCE Ultimate Realty LLC | https://www.kxii.com/prnewswire/2022/07/13/ultimate-realty-secures-70mm-refinance-proceeds/ | 2022-07-13T19:09:48Z |
CARTERVILLE Ill. and SPRINGFIELD, Ill., Aug. 24, 2022 /PRNewswire/ -- The IBA (Illinois Broadcasters Association) has selected Neal Sabin, Vice-Chairman of Weigel Broadcasting, as its 2022 "IBA/Vincent T. Wasilewski Broadcaster of the Year."
A lifelong Chicago and native of Skokie, IL., a Chicago Tribune article once proclaimed Sabin as "the programming mastermind behind Weigel's Me-TV," turning a "burgeoning television network into a national powerhouse."
"The formula for broadcasting success is simple," said Sabin in the article. "There's some research. There's my history. There's my gut."
"Neal Sabin single-handedly changed the landscape of digital television," remarked Dennis Lyle, President, and CEO of the IBA. "I've long admired his genius, his creativity, and his passion for the industry," Lyle continued. "He is a true visionary and is more than qualified for selection as IBA's "Vincent T. Wasilewski Broadcaster of Year."
"I am humbled to join the ranks of Illinois broadcasters who have received this prestigious award," said Sabin upon learning of the award. "So many of them provide inspiration to me and many other broadcast professionals here in Illinois and beyond. I am grateful to the Association for awarding me this honor."
Sabin is scheduled to accept the award on opening night of IBA's annual conference, October 24-25 in Normal, IL. For more details visit https://ilba.org/event/iba2022-leadingfortomorrow/ .
About Vincent T. Wasilewski: Born December 17, 1922, in Athens, Illinois, Vincent T. Wasilewski would become the 18th President of the National Association of Broadcasters in January 1965. Wasilewski entered the University of Illinois College of Engineering in 1940, but World War II would interrupt his studies. He served in the US Air Force from September 1942 until October 1945 and returned to the University at the close of the war. He switched to political science and received his bachelor's degree in 1948, followed by a degree of Doctor of Jurisprudence the following year. Wasilewski joined the NAB's legal staff in 1949, where he spent his entire professional career. Like any true broadcaster, Wasilewski was no stranger to public service, having served on the Board of Directors of the Advertising Council, the Advisory Council on Federal Reports, and the American Advertising Federation. The IBA inducted Wasilewski into its Hall of Fame in 1976. In his honor, the IBA renamed its "Broadcaster of the Year Award" in 1989, as the "Vincent T. Wasilewski Award." The award was created to honor those Illinois broadcasters who exhibit the same passion and dedication to this industry as Wasilewski did. Honorees are recognized for broadcast excellence with their Illinois station(s) and within the broadcast industry as a whole, for the respect they receive from their peers both on a local market and national level, and for their work to achieve a favorable legislative climate for the broadcast industry.
About the IBA: (Illinois Broadcasters Association)- The IBA is the leading advocate for the broadcast industry in Illinois and is engaged in shaping public policy to create a positive legislative and regulatory environment for its members.
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SOURCE Illinois Broadcasters Association | https://www.wibw.com/prnewswire/2022/08/24/neal-sabin-named-illinois-broadcasters-associations-2022-broadcaster-year/ | 2022-08-24T15:46:18Z |
MOFFAT — A former schoolhouse in Moffat continues to serve the community in a new way, more than 100 years after it was built.
While the structure no longer serves as a place of education, work by the Moffat Community Center Association keeps it functioning as a venue for local events. The structure, located at 13410 Kuykendall Mountain Road, was built in 1910 as a part of the Moffat Common School District.
The association recently announced its new board members for 2022, including a new president.
Cathy Boniface, who will serve as the group’s president for the next year, said she has memories of the school when it still held classes.
“My grandmother was on the school board; my dad went to school there and as a kid the homecoming was an event I always looked forward to,” Boniface said. “I can remember the music on the porch, the men cooking BBQ over open pits, and playing bingo using corn kernels to mark our cards. Lots of great childhood memories for my family.”
Other members of the 2022 board include Danny Cockrum, Beth Price, Edgar Bounds, Carol Wingo, David Coufal, Paul Beck and Cheryl Hinckley.
The school had held classes for about 64 years until the Moffat school district was consolidated into the Belton Independent School District during the 1973 to 1974 school year.
Once the district was consolidated, the former school fell into disuse for several years. That was until members of the association worked to restore the structure 15 years ago.
The structure now serves as a community center for people in the community, hosting wedding receptions, birthday parties and family reunions.
Since work began, members of the association have raised funds to restore the schoolhouse, outdoor bathrooms, a pavilion and a smokehouse.
On top of restoring parts of the property, members have also funded the creation of a new storage facility on the land.
In 2020, Hinkley said that many members of the association, including her husband, had family members who attended the school when it was in operation.
Hinkley said that she was happy the structure could be restored, preserving the memories for the community.
“There is a small core of us that would see that the building is maintained,” Hinkley said. “There are those who went to school there or their parents went to school there. I am not concerned that we would have to shut the doors. People around here will step up and make sure it is taken care of.” | https://www.tdtnews.com/life/article_0b5225e0-09cc-11ed-ba9c-5bb5ebdea829.html | 2022-07-24T06:40:28Z |
BERLIN (AP) — Russia sent significantly more oil and coal to India and China over the summer compared with the start of the year, while European countries that long relied on Russian energy have cut back sharply in response to the war in Ukraine, said a report published Tuesday.
The Centre for Research on Energy and Clean Air said Russia received about 158 billion euros ($158 billion) in revenue for the sale of oil, natural gas and coal from February to August, more than half of which — some 85 billion euros worth — was exported to the European Union.
Within the EU, Germany was the biggest importer, buying 19 billion euros worth of fossil fuels from Russia during the six-month period.
The single biggest importer worldwide, however, was China, which bought 35 billion euros worth of Russian energy, the Helsinki-based group said.
While Russia’s revenue rose, overall export volumes dropped by 18% compared with when the country invaded Ukraine, the report said.
The EU has cut its imports from Russia by 35% since the war began, with Russian coal now banned in the 27-nation bloc and a halt to oil sales due to take effect at the end of the year.
Russia itself has sharply cut flows of natural gas to the EU, indicating this week that they would not resume unless Western sanctions are lifted.
Germany’s economy minister, Robert Habeck, said Monday that his country doesn’t expect gas imports from Russia to resume anymore.
Foreign Minister Annalena Baerbock acknowledged Tuesday that past purchases of cheap Russian gas had come at the expense of Germany’s national security — an argument past governments in Berlin had firmly rejected.
“Until recently, there were spurious technical reasons; now the rulers in the Kremlin are alluding to our sanctions as a whole, which supposedly stand in the way of further gas deliveries,” Baerbock said in a speech to German diplomats and business representatives in Berlin. “We must state this very clearly: We will not succumb to this blackmail.”
Meanwhile, India and China imported significantly more coal and crude oil from Russia in July and August than in February and March, according to the report by the Centre for Research on Energy and Clean Air.
The group said fossil fuel exports contributed about 43 billion euros to Russia’s federal budget, compared with independent estimates that the war has so far cost the Russian state the equivalent of 100 billion euros. | https://cw33.com/business/ap-business/ap-russia-sends-more-energy-to-asia-as-europe-cuts-back/ | 2022-09-07T01:25:28Z |
Plain Township regains land needed for upcoming amphitheater project
PLAIN TWP. – The township is taking another step in the process of building an outdoor amphitheater at Oakwood Square with the purchase of more land.
During a special session Thursday, the three-member Board of Trustees voted to approve the purchase of a parcel situated between Township Hall at 2600 Easton St. NE and Oakwood Square Plaza from One Easton Co. for $25,000.
Community Improvements Incoming:Stark County to receive $7 million for local projects in state capital budget
The property originally belonged to the township and had been held for years with the idea that it may be used to expand Township Hall. Trustee Scott Haws said the board sold it about four years ago to allow the plaza owners find a better use for it.
"As dense as this community is, we still don't need ... a Taj Mahal here to take care of the people's business," Haws said. "So we we sold it."
Why is Plain Township buying land near Township Hall?
Thanks to American Rescue Plan funds and an ongoing relationship with Oakwood Square developer Grant Glintz, the board now has the funding to move ahead with a use for the land. Glintz offered the property back to the township for $25,000, the same price the board originally sold it for.
"He's been phenomenal to work with as a community partner," Trustee Brook Harless said.
The board said the purchase will help with the planned outdoor amphitheater project because it won't be putting public dollars on land the township doesn't own.
The amphitheater is expected to be operational by the summer of 2023. The design phase is underway and the township expects to begin bidding the construction in August.
The project is expected to cost about $3 million, which will be covered by American Rescue Plan funding.
"If it wasn't for the sake of ARP funds, this would not be happening," Haws said.
Sam Zern can be reached at szern@cantonrep.com or 330-580-8322. You can also find her on Twitter at @sam_zern.– | https://www.cantonrep.com/story/news/local/plain/2022/06/02/plain-township-land-purchase-next-development-amphitheater-project/7470140001/ | 2022-06-03T01:02:14Z |
Grammy award-winning singer Kandi Burruss provided supplies to 500 kids
By ORhonde Chapman and Miles Montgomery
Click here for updates on this story
ATLANTA (WGCL) — Grammy award-winning singer and TV personality Kandi Burruss and her foundation Kandi Cares provided supplies to 500 children at the back-to-school giveaway at the Jefferson Park Recreation Center in East Point on Saturday.
Kandi Cares collaborated with Goodr, Nouveaux, and Garner Trial Attorneys to give back to Atlanta area families in need.
“Single-parent families are a uniquely vulnerable part of our communities,” Goodr CEO Jasmine Crowe stated. “Even two-income households are struggling to provide anything above basic necessities right now so events like this are essential. Goodr is honored to partner with Kandi Cares again on such a vital initiative.”
The organizations focus on food and school supply assistance, with a focus on single-parent families.
“With so much negativity in the world and the cost of living continuing to rise, we are delighted to spread some positivity and help the families within our community that desperately need it. This initiative will provide single-parent homes with the necessities for all of their back-to-school needs,” said Burruss.
Several back-to-school events were also held throughout the metro Atlanta area on Saturday.
Burruss is best known for singing in the Atlanta-based group Xscape and appearing as a cast member on the Real Housewives of Atlanta TV show.
In case you missed it, there are more back-to-school drives and events coming up in the metro Atlanta area. For more information, click here:
cbs46.com/2022/07/15/back-to-school-drives-giveaways-happening-around-atlanta-metro
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/news/2022/07/31/grammy-award-winning-singer-kandi-burruss-provided-supplies-to-500-kids/ | 2022-07-31T15:38:24Z |
TEMPE, Ariz., Sept. 6, 2022 /PRNewswire/ -- Bierman Autism Centers recently announced that it has appointed Dr. Bryan Davey, BCBA-D, LBA as its new Chief Operating Officer. In this role he will lead the operations team and will closely partner with the clinical leadership of the company.
Dr. Davey has clinical expertise in training personnel in applying behavioral principles and procedures, functional behavior assessments, assessment and treatment of severe and complex behaviors, organizational behavior management and effective teaching practice.
He has held various executive leadership positions at both for profit and non-profit organizations. He has served as an SVP of Operations for a national behavioral health organization that operated a continuum of treatment programs for children, adolescents, adults, and families. Prior to that he served as CEO of a multi-site integrated physical and behavioral health organization, which primarily focused on children served through Medicaid. Most recently, Dr. Davey was the CEO of a telehealth platform that served members in over 40 countries.
In addition, Dr. Davey advocates for behavior analysis by supporting certification, practice standards, monitoring, developing legislation, policy at the state and national levels. Dr. Davey serves on the Arizona Governor's Autism Spectrum Disorder Committee and Telehealth Advisory Committee. He is a past Board Member and Public Policy Chair of CalABA, founding member of AZABA, a past Board Member and Past-President of APBA, and served on the National ABA CPT Code Steering Committee. He continues to serve as a subject matter expert to the BACB, CASP, health plans, and managed care organizations.
When asked about his addition to the team, Dr. Davey said "I am honored to join Bierman Autism Centers and I look forward to working alongside so many amazing clinicians and professionals as we support the families that trust us with their children's care and growth. Our mission is to Create Progress & Possibilities for Children with Autism, and I am thrilled to join a team that sets the standard in services and continues to achieve impactful outcomes for the families and individuals we serve."
By adding Dr. Davey as Chief Operating Officer, Bierman continues to focus on clinical excellence and quality of care.
Bierman Autism Centers is a place where kids up to 9 years of age acquire foundational skills they can build on such as self-advocacy and communication. To date they have graduated over 175 kids from their programs. They recognize that every kid's success is unique, and their one-on-one approach allows them to drive progress and measurable outcomes, ensuring each child is advancing on their own terms. Bierman currently has 14 centers, and is expanding in: Arizona, Indiana, Massachusetts, North Carolina, New Jersey, Rhode Island, and Ohio. For more about Bierman Autism Centers visit www.biermanautism.com or contact marketing@biermanautism.com.
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SOURCE Bierman Autism Centers | https://www.mysuncoast.com/prnewswire/2022/09/06/bierman-autism-centers-names-dr-bryan-davey-bcba-d-lba-chief-operating-officer/ | 2022-09-06T11:30:08Z |
NEW YORK (AP) — Most stocks on Wall Street dipped Tuesday in their first trading after tumbling into a bear market on worries that high inflation will push central banks to clamp the brakes too hard on the economy.
The S&P 500 fell 14.15, or 0.4%, to 3,735.48 as investors braced for the Federal Reserve’s announcement on Wednesday about how sharply it will raise interest rates. It wobbled between losses and gains through the day after a couple big companies flexed financial strength with stronger profits and payouts to shareholders.
The Dow Jones Industrial Average fell 151.91 points, or 0.5%, to 30,364.83. The Nasdaq composite rose 19.12, or 0.2%, to 10,828.35 after swinging between a a loss of 0.7% and a gain of 1.1%.
Despite the swings, trading across markets was still calmer than during Monday’s worldwide rout, which sent the S&P 500 down 3.9%. Stocks fell more than 1% in Tokyo and Paris but rose that much in Shanghai. A measure of nervousness among investors on Wall Street eased, even as Treasury yields again pierced their highest levels in more than a decade.
“No one’s going to take meaningful positions today ahead of what could be a rip-roaring day” with the Fed’s announcement, said Katie Nixon, chief investment officer for Northern Trust Wealth Management.
Cryptocurrency prices continued to swing. They’ve been among the hardest-hit in this year’s sell-off for markets as the Federal Reserve and other central banks raise interest rates to rein in inflation and forcefully turn off the “easy mode” that helped prop up markets for years. Bitcoin was down nearly 5% in afternoon trading and sitting at $22,201, according to CoinDesk. It earlier fell to nearly 70% below its record of $68,990.90 set late last year.
Offering some support to the market was a report that showed inflation at the wholesale level was a touch lower in May than expected, though it remains very high. It could be an indication that wholesale inflation peaked in March, according to Jack Ablin, chief investment officer at Cresset Capital Management.
But economists said the data won’t keep the Federal Reserve from raising its key interest rate on Wednesday by a larger-than-usual amount. Investors are now mostly expecting the biggest increase since 1994, a hike of three-quarters of a percentage point, or triple the usual amount.
A week ago, such a mega-increase was seen as only a remote possibility, if one at all. But a market-bludgeoning report Friday on inflation at the consumer level has seemingly pinned the Fed into getting more aggressive. It showed inflation for the consumer price index got worse in May, instead of slowing as hoped.
“It’s really a split decision in terms of the market as to whether that will be a good thing or a bad thing,” Nixon said of a big rate increase. “It certainly opens the door to additional big hikes in the future.”
Treasury yields continued to climb, with the two-year yield touching its highest level since November 2007, before the financial crisis, according to Tradeweb. The 10-year yield during the day reached its highest level since April 2011.
They also had a relatively reliable warning signal of recession in the bond market flashing on and off. In afternoon trading, the yield on the 10-year Treasury had climbed back above the two-year yield, at 3.47% versus 3.41%. That’s typically how things look in the bond market.
In the unusual circumstances where the two-year yield tops the 10-year yield, some investors see it as a sign that a recession may be hitting in about a year or two. It’s called an “inverted yield curve,” and it briefly flashed earlier in the day.
On Wall Street, Oracle soared 10.4% after it reported stronger revenue and earnings for its latest quarter than analysts expected. FedEx jumped 14.4% after it boosted its dividend payout by more than 50%.
It was the first trading for U.S. stocks after the S&P 500 closed Monday at 21.8% below its record set early this year. That put it in a bear market, which is what investors call a drop of 20% or more.
At the center of the sell-off is the Federal Reserve’s effort to control inflation by raising interest rates. The Fed is scrambling to get prices under control and its main method is to raise rates, but that is a blunt tool that could slow the economy too much and cause a recession.
“The real calm in today’s market is driven very significantly by the focus on this week’s Fed decision.” said Greg Bassuk, CEO of AXS Investments. “Today’s is either the calm before the storm or the calm that will hopefully represent an extended period of calm.”
Other central banks worldwide, including the Bank of England, have been raising rates as well, while the European Central Bank said it will do so next month and in September.
The war in Ukraine is sending oil and food prices sharply higher, fueling inflation and sapping consumer spending, especially in Europe. COVID infections in China, meanwhile, have led to some tough, business-slowing restrictions that threaten to restrain the world’s second-largest economy and worsen snarled supply chains.
The shift toward higher rates has reversed the spectacular rise for markets spurred by massive support from central banks after the pandemic hit in early 2020. The S&P 500 more than doubled from late March 2020 through its peak in January. It was the shortest bull market on record going back to 1929, which followed the shortest bear market on record, according to S&P Dow Jones Indices.
Higher rates typically make investors less willing to pay high prices for risky investments. That’s why some of the biggest stars of the earlier low-rate era have been some of the worst hit in this year’s rout, including bitcoin and high-growth technology stocks. Netflix is down more than 70% in 2022.
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AP Business Writer Yuri Kageyama contributed. | https://cw33.com/business/ap-business/asian-benchmarks-decline-after-bear-market-hits-wall-street/ | 2022-06-15T01:00:46Z |
Family, friends of slain KC middle school student demand answers from school district
Family and friends chanted “Justice for Manny,” and called for answers from the school district.
KANSAS CITY, Mo. (KCTV) - Nearly a week after 14-year-old Manuel Guzman was stabbed to death at Northeast Middle School, his family and friends are seeking answers, and calling on the district to strengthen security at the school.
Police said Guzman had been stabbed by a classmate, another 14-year-old boy, during an incident in the school bathroom, but have not yet released details about how the teenager had been able to get a knife inside.
On Monday Guzman’s family demonstrated across the street from the building. They chanted “Justice for Manny,” and called for answers from the district.
Manuel’s mother, Vicenta Guzman, said it wasn’t easy for her to be out demonstrating with her friends and family.
“It’s only through the strength of my son that I’m here,” she said.
Several dozen Northeast students joined the protest as well. A KCPS spokesperson said the district supported the students’ decisions to leave class to voice their emotions.
Monica Juarez, a friend of Manny’s, said she wanted to show support to the Guzman family.
“No family should have to go through this,” she said.
Vicenta Guzman said she was heartened by the show of support from the students.
“I’m so happy to see all the support out here, especially from the students because that shows how much he was loved,” she said.
The teen accused of killing Guzman remains in custody at a juvenile detention facility. His next pretrial appearance is scheduled for early May.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/04/18/family-friends-slain-kc-middle-school-student-demand-answers-school-district/ | 2022-04-19T16:02:24Z |
MEMPHIS, Tenn. (AP) — A Tennessee judge revoked bond Wednesday for a man charged with killing a Memphis woman who was abducted during a pre-dawn run near a university campus.
Cleotha Abston, who told a Shelby County judge he prefers to be referred to as Cleotha Henderson, will be held without bond on charges including first-degree murder in the kidnapping and slaying of Eliza Fletcher, 34.
General Sessions Judge Louis Montesi had ordered him held on $510,000 bond Tuesday on charges of especially aggravated kidnapping, tampering with evidence, theft and fraud.
Henderson had faced only those charges before police on Tuesday identified a body found a day earlier behind a vacant duplex as Fletcher. He was then charged with first-degree murder and made his first court appearance on that charge Wednesday. The judge said the name change to Henderson would be placed in the court record.
The suspect’s public defender has filed a sealed motion regarding his future representation. Details of the motion have not been disclosed. The public defender has not commented publicly on specifics of the charges against Henderson.
Memphis police said Fletcher, a wife, mother of two and a kindergarten teacher, was jogging near the University of Memphis campus when a man forced her into an SUV after a brief struggle about 4 a.m.
Fletcher was reported missing when she did not return home from her regular morning run, and her cellphone and water bottle were discovered in front of a house owned by the university, authorities said.
U.S. Marshals arrested Henderson, 38, on Saturday after police detected his DNA on a pair of sandals found near where Fletcher was last seen, an arrest affidavit showed.
After more than three days of searching, police found Fletcher’s body just after 5 p.m. Monday. Police did not publicly confirm that the body was Fletcher’s until Tuesday morning.
Memphis Police Director Cerelyn “CJ” Davis said it was too early in the investigation to determine how and where Fletcher was killed. Davis said her body was found behind a vacant duplex. A police affidavit said officers noticed vehicle tracks next to the duplex’s driveway and they “smelled an odor of decay.”
Purple running shorts consistent with those Fletcher was wearing were found in a discarded trash bag nearby, the affidavit said.
Shelby County District Attorney Steve Mulroy said Tuesday that Fletcher’s case was an “isolated attack by a stranger.” He stood by that comment Wednesday as he addressed the news media outside the courtroom.
The suspect previously kidnapped a prominent Memphis attorney in 2000, when he was 16 years old. He spent 20 years in prison for that crime, but he had been sentenced to 24. Some have questioned the release. Mulroy has noted Henderson served 85% of the sentence, which Mulroy said was “not unusual.” | https://cw33.com/news/u-s-news/ap-us-headlines/ap-man-charged-with-killing-memphis-jogger-held-without-bond/ | 2022-09-08T17:05:33Z |
squawkbox@albanyherald.com
The Trump party has no agenda to make American lives better. They are the party of grievances, intolerance of others, hate speech and bigotry.
It was refreshing to read about the Johnson family and their relationship with Scouting over the years. Theirs are the kinds of values we have gotten away from. Congratulations.
Philosophical squawker, are you a party unto yourself? The merits of all political parties are subject to analysis and commentary by any and all. That is hardly lacking in originality and intelligence. And challenging your opponents through discourse and action shows backbone, my friend. The Patriot
There would be little gained in debating someone who has a mental mindset that claims Supreme Court justices, the vice president, the secretary of defense and so on are unqualified because the are minorities. The point of white supremacy is that all who are not white are unqualified for any position, not equal to them, and are sub-human.
The Byne kids were adorable in their historical costumes. Sounds like a pretty fun concept, one that could be emulated by public schools were the teachers not so regimented and lazy.
Over the years, I’ve seen SMRs criticize AOC, Ilhan Omar, and others for any perceived slight or misstep. Funny how those same SMRs haven’t criticized the insanity that is Marjorie Taylor Greene, the liar that is Kevin Mccarthy, or the train wreck that is Madison Cawthorn. Republicans don’t have double standards, they have no standards. Signed, Yours Truly
In a spirit of helping, let me suggest owners of the local Chipoltle get involved in how it’s being managed. Even in Albany there are limits to what customers are willing to put up with. Your money, your choice.
You must be blind and blissfully incognizant if you can’t see that the public school system is nothing but a leftist indoctrination center.
Fletcher, you can’t knock social media now that Elon Musk has control of Twitter. All the right-wingers say “complete free speech” is a wonderful win for America. What they really mean is that maybe no one will interfere with the Orange Wonder’s childish tweets. Who cares if porn and hate speech take over?
I’ve gotten several of those “free piano” emails, too. A rule of thumb for all of you who are interested in cashing in on these too-good-to-be-true, once-in-a-lifetime opportunities: If you think you’re getting some great value for nothing, you’re delusional.
If anybody should be censored and banned from social media it should be Democrats. Nobody puts out dangerous propaganda fear-mongering misinformation more than they do.
I would like to know why the people that work for Dougherty County’s Finance Department have been told that if they apply for payroll and accounting positions their applications will not be pulled because the city finance director is friends with the supervisor of county finance. The city finance director needs to know how to separate her job from friendship.
Never make a woman mad. They can remember stuff that has not even happened yet. | https://www.albanyherald.com/features/squawkbox/article_8529d684-c97f-11ec-b39f-0ba9737e8b95.html | 2022-05-01T21:04:09Z |
Texell Credit Union will hold the final seminar in its College Prep Seminar Series on Tuesday.
The “Options and Expectations” seminar, ideal for high school juniors, seniors and their parents, will be held 6-7:30 p.m. Tuesday in the Trinity Jr. Ballroom at the Hilton Garden Inn Temple, 1749 Scott Blvd. in Temple.
The free event is open to the public, but seating is limited and available on a first-come, first-served basis.
The workshop will be an open forum and include admission representatives from Baylor University, Temple College, University of Mary Hardin-Baylor and Texas A&M University-Central Texas, according to a news release.
After introductions and discussions about how to apply and register for college, attendees can ask questions.
Light refreshments will be served.
“Preparing for college can feel overwhelming for both parents and students,” Amy Merriman, Texell’s chief operating officer, said in a news release. “The good news is, there are several resources available. We’re excited to bring this educational opportunity to the community and help our members and their high schoolers plan for college.”
To register, visit texell.org/events. | https://www.tdtnews.com/news/business/article_187afcd2-ffff-11ec-96b3-17b154e55403.html | 2022-07-10T04:37:20Z |
DETROIT (AP) — A suburban Detroit man sued Thursday to try to disqualify Republican Ryan Kelley from the Michigan governor’s race, saying he should be declared an insurrectionist whose votes won’t count.
Kelley faces misdemeanor charges for his role in the riot at the U.S. Capitol on Jan. 6, 2021. The lawsuit says the western Michigan man’s participation makes him ineligible for office under the U.S. Constitution.
The 14th Amendment states that anyone who has “engaged in insurrection or rebellion” against the U.S. and has taken an oath to support the Constitution cannot hold a state office.
Kelley took an oath in 2019 when he was a planning commissioner in Allendale Township, according to a lawsuit filed on behalf of Lee Estes.
“Whether it’s Ryan Kelley or anyone else that was illegally at the Capitol trying to overturn the will of the people, there needs to be accountability,” said Lonnie Scott of Progress Michigan, a Democratic group supporting the lawsuit.
The Michigan Republican Party noted that the lawsuit was filed by attorney Mark Brewer, former head of the state Democratic Party.
“Claims of insurrection are laughable. … Yes, I am on the ballot August 2. Yes, I will be on the ballot November 8,” said Kelley, predicting victory.
Kelley is among five candidates in the Republican primary on Aug. 2. The winner will face Gov. Gretchen Whitmer in the fall.
Kelley, a supporter of former President Donald Trump, has acknowledged that he was at the Capitol during the riot but said he didn’t go inside. He has pleaded not guilty to disruptive conduct, injuring public property and entering restricted space without permission.
Polls showed he appeared to get a boost after his June arrest.
The lawsuit seeks to have election officials disregard any votes for Kelley and tell voters that they can cast another ballot if they have voted for him in the primary with an absentee ballot.
In May, an attempt to have Republican Rep. Marjorie Taylor Greene barred from the Georgia ballot under the 14th Amendment failed. She said she wasn’t aware of plans to storm the Capitol or disrupt the electoral count through violence.
___
Follow Ed White at http://twitter.com/edwritez | https://cw33.com/news/politics/ap-politics/suit-seeks-to-ban-ryan-kelley-from-mich-ballot-for-jan-6/ | 2022-07-15T19:01:50Z |
Poster to highlight data on safety, tolerability, pharmacokinetics, and effects on hepcidin and measures of iron metabolism of DISC-0974 from phase 1 study in healthy volunteers
WATERTOWN, Mass., May 16, 2022 /PRNewswire/ -- Disc Medicine, a biotechnology company dedicated to the discovery and development of novel therapeutic candidates for serious and debilitating hematologic diseases, announced today that clinical data of DISC-0974 will be presented at the upcoming European Hematology Association (EHA) Annual Congress being held in Vienna June 9-12. The presentation will report initial results from the ongoing Phase 1a, placebo-controlled single ascending dose study in healthy volunteers. This study was designed to evaluate the safety, tolerability, pharmacokinetics, and pharmacodynamics of both intravenous and subcutaneous DISC-0974. DISC-0974 showed evidence of target engagement and iron mobilization and was generally well-tolerated. The abstract is available on the EHA website at www.ehaweb.org and the poster will be published on the EHA Congress platform on June 10, 2022.
Presentation Details:
Abstract: P1559
Title: DISC-0974, a First-In-Human Anti-Hemojuvelin Monoclonal Antibody, Reduces Serum Hepcidin Levels and Mobilizes Iron in Healthy Participants
Session Title: Iron metabolism, deficiency and overload
Session Date and Time: Friday, June 10, 2022 - 16:30 - 17:45 CEST (10:30am-11:45am ET)
About DISC-0974
DISC-0974 is an investigational, first-in-class monoclonal antibody designed to suppress hepcidin production by inhibiting the hemojuvelin (HJV) co-receptor, a highly selective and critical target of the hepcidin pathway with biological activity that has been validated by human genetic evidence. Hepcidin is the primary regulatory hormone of iron homeostasis and plays a central role by restricting iron absorption and preventing deployment from internal iron stores. DISC-0974 is currently being studied in a phase 1 clinical study of healthy volunteers and is developing being developed as a potential treatment for anemia of inflammation by suppressing hepcidin and enhancing iron availability for erythropoiesis.
DISC-0974 is an investigational therapy that is not approved for any use in any country. Disc obtained global rights to DISC-0974 and related molecules under a license agreement from AbbVie in October 2019.
About Disc Medicine
Disc Medicine is a clinical-stage biopharmaceutical company that is dedicated to transforming the lives of patients with hematologic disorders. We are building a portfolio of innovative, first-in-class therapeutic candidates that affect fundamental pathways of red blood cell biology. Disc Medicine is committed to developing treatments that empower and bring hope to the many patients who suffer from hematologic disease. For more information, please visit www.discmedicine.com.
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SOURCE Disc Medicine | https://www.wibw.com/prnewswire/2022/05/16/disc-medicine-announces-presentation-clinical-data-first-in-human-phase-1-study-disc-0974-european-hematology-association-eha-2022-congress/ | 2022-05-16T17:46:15Z |
BUFFALO, N.Y. (AP) — Buffalo resident Jamie Lash was giddy as Buffalo Bills player Josh Thomas draped his arm around her shoulder and smiled for a picture Wednesday. It was a rare moment of lightness in a week spent mourning the violent deaths of 10 people at the Tops supermarket where she used to work.
“It means unity. It means support,” Lash said, adjusting the Bills cap someone else from the team had placed on her head.
“We see the Bills mafia everywhere supporting us,” said Thomas, a defensive back on the team.
He was one of dozens of players and staff from the NFL team, the NHL’s Buffalo Sabres and the Buffalo Bandits professional lacrosse team to emerge from four tour buses at the scene of Saturday’s racist attack, where they laid flowers, dished out food and handed out groceries.
The first stop was a group visit to a memorial at the edge of the store’s parking lot, where several players placed flowers in front of cut-outs of doves, each bearing the name of a victim.
“It’s real, going to the actual site and putting flowers down and seeing the people that were affected,” Bills tight end Dawson Knox said. “I still can’t truly wrap my mind around it, but it definitely hits differently actually being here.”
Like many in the group, Bills offensive lineman Dion Dawkins wore a shirt that said “Choose Love.”
After six years in Buffalo, “I am part of this community,” he said, calling the attack “a sad act.”
“Somebody planned an attack,” Dawkins said, “did the demographic of this community, said ‘This is where they are at the most, let’s attack there,’ and that’s what they did,” he said. “I see it more as a terrorist attack to a background of people.”
“In the year that we’re in now,” he said, “I figured people see that your neighbor could be Indian, your neighbor could be Russian, Caucasian, Asian, they could be African. We all live together, we have to make it work. You don’t have to love everybody, but you have to show love in some type of way.”
From behind tables, quarterback Josh Allen and other players served hot meals of chicken alfredo with broccoli and handed out lettuce, radishes and other produce to residents.
“This week has been terrible,” said Shervon White, who lives near the store and came early to see the team. “Just seeing the community come together means so much. To see the Bills come here, it kind of lightened the spirit of the area.”
Twelve-year-old Christopher Boyd smiled at the turn his week had taken as he met players from the Bills team he loves.
“When it first happened I kind of felt unsafe in my home a little bit,” he said.
“When I’m here today and I see the Bills,” Christopher said, “I just feel like they are giving back to the community. They are showing love as we show them when they’re playing on the field. It’s just one big happy family, community.”
The Buffalo Bills Foundation said it would donate $200,000 to relief efforts, an amount that will be matched by the NFL Foundation, the team said on Twitter.
“This is about just filling the gap that’s in our world today with love and bringing people together,” Buffalo Bills Coach Sean McDermott said. “When you affect one person in our community, you affect all of us.”
___
Associated Press video journalist Robert Bumsted contributed. | https://cw33.com/sports/ap-sports/buffalo-sports-teams-offer-support-at-site-of-mass-shooting/ | 2022-05-19T08:53:18Z |
NEW YORK, July 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Spero Therapeutics, Inc. (NASDAQ: SPRO).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/spero-therapeutics-inc-loss-submission-form/?id=29606&from=4
The lawsuit seeks to recover losses for shareholders who purchased Spero between October 28, 2021 and May 2, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 25, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Spero Therapeutics, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) the data submitted in support of the New Drug Application ("NDA") for the Company's product candidate, Tebipenem HBr, were insufficient to obtain approval from the U.S. Food and Drug Administration ("FDA"); (ii) accordingly, it was unlikely that the FDA would approve the Tebipenem HBr NDA in its current form; (iii) the foregoing would necessitate a significant workforce reduction and restructuring of Spero's operations; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/07/08/spro-shareholder-alert-jakubowitz-law-reminds-spero-shareholders-lead-plaintiff-deadline-july-25-2022/ | 2022-07-08T11:13:32Z |
Memphis Agency Becomes Third in Tennessee this Year to Combine with the National Top 20 Independent Insurance Firm
FORT WORTH, Texas, July 13, 2022 /PRNewswire/ -- Mathis, Tibbets & Mathis, an independent broker of commercial and personal property/casualty insurance, surety bonds and employee benefit plans in Memphis, TN, has joined Higginbotham, an insurance, financial and HR services firm ranked as the 20th largest independent broker in the U.S. Higginbotham entered Tennessee in 2020, and Mathis, Tibbets & Mathis gives it a sixth location in the state, the third agency to join Higginbotham in this year alone.
Higginbotham is strategically growing to expand its footprint and increase its service capability by selectively partnering with other independent agencies that have strong reputations in their local markets, a desire to keep growing by tapping into Higginbotham's single source solution and a strong cultural match.
Johnny Pitts, a managing partner for Higginbotham's Tennessee region, said, "Since joining Higginbotham, I've become a proud advocate of our firm because I've seen the positive impact it's had on our own client and employee satisfaction. When I see a good fit, I want to bring those agencies to our firm so they can reap the same rewards while strengthening Higginbotham as a whole. That's what I want for Mathis, Tibbets & Mathis."
Mathis, Tibbets & Mathis is a boutique agency that serves hundreds of businesses and individuals in the Mid-South. It provides bespoke solutions for commercial and personal coverage and group health insurance with a hands-on approach to customer service. By joining Higginbotham, the agency gains access to additional insurers the firm represents and the ability to offer in-house risk management, employee benefits administration and HR services.
In a joint statement, Mathis, Tibbets & Mathis principals Gene Mathis and Alex Mathis said, "It's hard to deny Higginbotham's growing presence in Tennessee, but it's easy to see why. Partnering with them immediately gives agencies the means to offer more coverage lines, more support and more value to customers. The added resources will help us deliver what our clients want while keeping the one-on-one client relationships we've built."
Higginbotham named Gene Mathis and Alex Mathis managing directors, and they will continue overseeing the agency's operations and staff.
Mathis, Tibbets & Mathis is a commercial and personal property/casualty, surety bonds and employee benefits agency that has served businesses and individuals in the Mid-South since 1986. It serves all markets with a concentration in the construction industry. Visit mtmins.com for more information.
Employee owned and customer inspired, Higginbotham is a single source solution for insurance, financial and HR services. The firm was established in 1948 and ranks by revenue as the nation's 20th largest independent insurance firm. Serving thousands of businesses and individuals through locations coast to coast, Higginbotham's approach to finding insurance, employee benefit and risk management solutions is more individual and less institutional. By understanding customer priorities, eliminating inefficiencies and committing to transparency, Higginbotham is a place that leads with values so value leads. Visit higginbotham.com for more information.
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SOURCE Higginbotham | https://www.wibw.com/prnewswire/2022/07/13/higginbotham-continues-expansion-tennessee-with-mathis-tibbets-amp-mathis-joining-ranks/ | 2022-07-13T18:39:25Z |
SANTIAGO, Chile, Aug. 17, 2022 /PRNewswire/ -- Falabella S.A. (BVS: FALAB) today announced that it will host an Analyst and Investor Day ("Falabella Day") on Wednesday, October 12, 2022 in New York, NY.
This event will be held for equity analysts and institutional investors and will feature presentations by Gaston Bottazzini, Chief Executive Officer of Falabella S.A., and other members of the Company's leadership team.
In-person registration is scheduled to begin on October 12 at 1:30 pm EDT, with presentations starting at 2:00 pm. The event will be followed by a cocktail reception. In-person attendance is by invitation only and registration confirmation will be provided to individual attendees.
A live webcast of the Investor Day will be available to all members of the investment community and pre-registration is required by Monday, October 10, 2022. To register, please email your name, title and company affiliation to info@nyinvestorday.com. Confirmation and additional event details will be provided to pre-registered attendees only.
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SOURCE Falabella S.A. | https://www.wibw.com/prnewswire/2022/08/17/falabella-host-investor-day-october-12-2022-new-york/ | 2022-08-17T16:45:35Z |
The Wisconsin-based robotic mower manufacturer places emphasis on PR to build brand awareness
KNOXVILLE, Tenn., June 16, 2022 /PRNewswire/ -- RC Mowers, a leading manufacturer of remote-operated robotic mowers, has partnered with Ripley PR, a global public relations agency specializing in B2B technology and manufacturing, to enhance awareness of their innovative solutions in the public works and commercial landscaping markets.
Founded in 2018 and based near Green Bay, Wisconsin, RC Mowers develops and manufactures robotic mowers for commercial use. The company's American-made mowers are used to traverse steep slopes, difficult terrain and other hazardous landscapes. RC Mowers' vast dealer network serves commercial mowing companies, public works departments and park maintenance crews across the United States, as well as Ontario, Canada, and Australia.
"We needed a public relations agency with deep roots in B2B technology and manufacturing to share our vision and accurately tell our story, and Ripley PR fit that bill and also had extensive experience in the landscaping industry," said Tim Kubista, vice president of sales and marketing for RC Mowers. "We interviewed other agencies, but Ripley PR's experience really stood out to us and impressed us. This partnership will be vital in helping us establish a broader industry audience."
Ripley PR was founded in 2013 with a focus on B2B technology, manufacturing construction, franchising and home service public relations. The agency offers strategic communications services that help clients build brand awareness, establish positive reputations and drive increased leads and sales. Ripley PR recently earned the fifth position on Forbes' inaugural America's Best PR Firms of 2021 list.
"We are honored to be working with RC Mowers, a company that is working to solve critical issues for commercial landscapers," said Heather Ripley, CEO and founder of Ripley PR. "Their mowers' ability to expertly navigate difficult terrain while providing a safer work environment and conserving limited resources redefines what we have seen in commercial landscaping to date. With their expertise in robotics, they are a gamechanger in the industry and we're confident we can help cement RC Mowers as the leaders in this technology while spreading awareness about their brand."
For more information visit www.ripleypr.com or call (865) 977-1973.
Founded in 2018 and based near Green Bay, Wisconsin, RC Mowers manufactures remote-operated robotic mowers for mowing steep slopes, difficult terrain and other hazardous landscapes. Our mowers help companies safely, quickly and efficiently mow these areas, often leading to reduced injuries, decreased labor costs and greater profitability. All our mowers are 100% manufactured and serviced in the United States, have a 30-day buy-back guarantee and come with a 72-hour parts shipping guarantee. For more information, visit https://www.rcmowersusa.com.
Ripley PR is an elite, global B2B public relations agency specializing in home service and building trades, B2B, manufacturing and franchising. Ripley PR was recently recognized by Forbes as one of America's Best PR Agencies for 2021 and has made Entrepreneur Magazine's annual list of Best PR Agencies for Franchise for the past four years. Offering a full range of strategic communication services, including crisis management, media relations and social media strategies, Ripley PR uses a blend of strategic business accounting and creative public relations branding to tell compelling stories and deliver measurable results. Ripley PR is a partner in IPREX, the $508 million network of more than 1,100 communication professionals in more than 100 markets globally. For more information, visit www.ripleypr.com or call 865-977-1973.
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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SOURCE Ripley PR | https://www.mysuncoast.com/prnewswire/2022/06/16/rc-mowers-names-ripley-pr-agency-record/ | 2022-06-16T12:48:48Z |
A celebration of inclusion and diversity within the interior design community
PITTSFIELD, Mass., Sept. 2, 2022 /PRNewswire/ -- The Shade Store, the leader in customer window treatments, has returned as the exclusive window treatment partner to The Kaleidoscope Project, a non-profit 501C3 organization dedicated to providing multi-platform opportunities to designers and artists in the black, indigenous and people of color (BIPOC) communities. The Shade Store collaborated with participating designers to bring hand-crafted custom window treatments into each of their spaces in the 2022 iteration of The Kaleidoscope Project Showhouse, the full transformation of the 1906 Tyler Street Firehouse in Pittsfield, Massachusetts.
To continue its mission of celebrating diversity in design, The Kaleidoscope Project also has a focus on sustainability, where the four participating designer firms reimagined the old firehouse into a 4-unit residence. Each unit features unique designs that reinvigorate the building while still maintaining its historic integrity. Inspired by the unique array of architectural details, The Shade Store worked directly with each designer to execute their concepts across a variety of spaces with unparalleled attention to detail and premium custom-made window treatments. The reimagined firehouse includes Roman Shades, Roller Shades, Woven Wood Shades, and Drapery in materials from The Shade Store's in-stock collection of 1,300+ styles as well as designer-supplied C.O.M. fabrics.
"We're excited to be working with this extremely talented group of designers," said Ian Gibbs, Co-Founder and Chief Creative Officer of The Shade Store. "Each designer brought such a unique perspective to the project, and it has been amazing to see, and help execute, what they have come up with for the window treatments. We are proud to be a part of an endeavor that showcases this talent and has such a positive impact on the community."
Participating designers include Everick and Lisa Brown of Everick Brown Interior Design, Denise Gordon, Tanya Lewis and Marilyn W. LaVergne of Austin Gray Design Group, Virginia Toledo of Toledo Geller, and Rasheeda Gray of Gray Space Interiors.
"This has been the most challenging project of my 30-year career, as we started with just a shell of the building," said Amy Lynn Schwartzbard, Founder of the Kaleidoscope Project. "Being a part of this amazing work has made all the sweat and tears worth it. The window treatments are beyond extraordinary, and truly brings the designs to life. This is a proud moment."
For more information about The Kaleidoscope Project, please visit https://www.thekaleidoscopeproject.com.
About The Kaleidoscope Project
Founded in 2020 by designer Amy Lynn Schwartzbard, The Kaleidoscope Project was created to show the true colors of the under-acknowledged talent within the BIPOC creative design industry. The Kaleidoscope Project aims to amplify their voices, to create a more representational view of our design trades and the world in which we live and create. The Kaleidoscope Project aims to foster welcoming and inclusive spaces that reflect a broader design narrative.
The Kaleidoscope Project combines design and opportunity with art, style, culture, sustainability, restoration, and media to engage the interests of a wide range of community groups, consumers, and furnishings industry manufacturers. thekaleidoscopeproject.com
About The Shade Store
The Shade Store is a premium custom window treatment company with a rich heritage in luxury textiles and interior design. Its exclusive collection of more than 1,300 in-stock fabrics and materials provides customers with an unparalleled amount of style and customization options. Every window treatment is proudly handcrafted in the USA, hung and tested for quality assurance and ships free in 10 days or less. With 125+ showrooms nationwide, The Shade Store offers a complete range of in-person and virtual design services for consumers and design-trade clientele, including swatches, complimentary professional window measurements and photo rendering. Additionally, the company is an advocate for environmental sustainability: For every purchase made, the company provides the 'Gift of Shade' by planting a tree in partnership with the Arbor Day Foundation. For more information about The Shade Store, please visit http://www.theshadestore.com.
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SOURCE The Shade Store | https://www.wibw.com/prnewswire/2022/09/02/shade-store-partners-with-kaleidoscope-project-designer-showhouse-exclusive-window-treatment-partner/ | 2022-09-02T14:09:04Z |
The women-led company is on track to generate record revenue in 2022
SAN FRANCISCO, Aug. 16, 2022 /PRNewswire/ -- Today, Inc. Magazine unveiled its prestigious annual ranking of America's fastest-growing companies—ranking Resource Innovations No. 328 on its annual Inc. 5000 list. The women-led clean energy solutions company also ranked No. 10 in the energy category. Among the top 500 firms to earn a spot on the list, the average median three-year revenue growth rate soared to over 2,000 percent.
After ranking No. 15 in 2020, Resource Innovations created a visionary strategic plan to rapidly scale in the clean energy sector. Growth initiatives include innovative expansion in its energy efficiency work, as well as investment in new business channels, such as building electrification, electric vehicles, and modernization of the electric transmission grid. In 2021, Resource Innovations partnered with private equity firm BV Investment Partners to complete its first company acquisition of Nexant, an industry leader in demand side management, grid management, and energy software. The Nexant team provided a solid foundation of energy industry expertise built over two decades, which has fueled Resource Innovations' growth.
"Our team is honored to make the Inc. 5000 list, once again, especially during this critical moment in defining the future of clean energy," stated Resource Innovations CEO and founder, Lauren Casentini. "Our growth validates a core principle that I've held for decades: conscious capitalism is good for business. Pairing our mission-driven goals with entrepreneurial business acumen creates results that benefit our employees, our clients, our investors, and our planet. Together with our clients and communities, we are making bold strides toward a brighter energy future."
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
ABOUT RESOURCE INNOVATIONS
Resource Innovations is a nimble yet powerful organization offering software-enabled clean energy solutions for utilities as well as commercial, industrial, and residential energy consumers. Our experts design and implement leading edge solutions to support the rapidly changing industry and clean energy transition. Resource Innovations is a women-led and controlled portfolio company of BV Investment Partners, one of the oldest and most experienced sector-focused private equity firms in North America. We leverage diversity across our team to accelerate energy innovation and make clean and sustainable energy more available, accessible, and affordable. Visit resource-innovations.com.
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SOURCE Resource Innovations | https://www.mysuncoast.com/prnewswire/2022/08/16/resource-innovations-ranks-inc-5000-list-americas-fastest-growing-companies-second-time/ | 2022-08-16T13:37:28Z |
LAS VEGAS (AP) — The identification of bones found in May on the receding shoreline of Lake Mead has resurfaced family memories of a 42-year-old Las Vegas father believed to have drowned 20 years ago.
Thomas Erndt’s son, also named Tom Erndt, told KSNV-TV in Las Vegas that his father began to struggle after jumping into the water during a nighttime family boat outing late Aug. 2, 2002. The younger Tom Erndt said he was 10 at the time.
“It is going to take a lot of time for me to move forward and remember this,” he told KVVU-TV, recalling that he spent a lot of time with his father, an aircraft mechanic, at his job.
Family members did not immediately respond Friday to email messages from The Associated Press.
The Clark County coroner’s office said Wednesday that Thomas Erndt’s bones were the ones found May 7 near a former marina at the shrinking Colorado River reservoir behind Hoover Dam.
A statement from Coroner Melanie Rouse said investigators used DNA and reports of Erndt’s disappearance for the identification. An official cause and manner of death were not determined.
Coroner’s investigators still are working to identify a man who was killed by a gunshot after his body was found May 1 in a rusted barrel. His clothing suggested his death dated from the 1970s or 1980s, and authorities said it was being investigated as a homicide.
That discovery prompted speculation about watery graves and renewed interest in the lore of organized crime in early years of casino development on the Las Vegas Strip — about a 30-minute drive from the lake.
Several more sets of partial human skeletal remains have been found since then — including on July 25, Aug. 6 and Aug. 16 — generally near a swimming area at the lake. They were not in barrels.
The water level at Lake Mead has dropped more than 170 feet (52 meters) since it was full in 1983, putting the reservoir today at less than 30% of capacity.
Tom Erndt, of South San Francisco, California, told KSNV-TV he wants his father to be remembered as a person, not bones found at the lake.
His aunt, Julie Erndt, now living in Kentucky, told the Las Vegas Review-Journal she was thankful that her brother’s remains were finally identified. | https://cw33.com/news/ap-top-headlines/ap-grown-kids-recall-vegas-dad-whose-bones-idd-from-lake-mead/ | 2022-08-27T11:20:26Z |
TEL-AVIV, Israel and SALT LAKE CITY, April 12, 2022 /PRNewswire/ -- Proggio, with its next-generation Project Portfolio Management solution, announced a $7M Series A round led by a US-based 2.0 Ventures with participation from both existing investors Mangrove Capital Partners and Cresson Management. The funding will enable Proggio to accelerate its operations and growth in the United States and continue to strengthen its enterprise solution.
Business operations are shifting rapidly due to a massive digital transformation, resource limitations, and post-COVID workplace changes. In this change-driven world, project plans need to be altered regularly to achieve dynamic business goals. With Proggio, customers are able to gain control over multiple sources of digital information, effortlessly build complete visibility into all aspects of their project portfolio, and continually adapt project plans.
"Technologies aimed at helping companies adapt to constant changes and enable scenario analysis became more important than ever in the past few years as the workplace transitioned," says Benson Metcalf, Founder and Partner at 2.0 Ventures. "Proggio's project portfolio management solution unlocks this business value and represents a new generation of adaptive project portfolio management solutions. We were especially impressed by the list of high-profile enterprise customers, the level of solution adoption across multiple use cases, and the impact of the solution on customer business. We believe this product has become a fundamental requirement for companies looking to optimize operations in a change-driven world".
According to Gartner (July 2021, "Market Guide for Adaptive Project Management and Reporting"), on the demand side, "Adaptive Project Management and reporting buyers are realizing that their Project Management and reporting tools and technologies were configured and deployed many years ago for different purposes and do not fit current needs." Additionally, it is stated that buyers are "interested in finding adaptive PM and reporting solutions that are cost-effective, intuitive, and easy to use, configure and deploy." Proggio is central to this transformation by providing adaptive project management solutions that are simplified, create project portfolio clarity, and help fast-paced digital businesses drive continuous delivery.
"In the past 2 years Proggio began leveraging its patented technology and has since experienced massive growth; this is evidence that proving project portfolio clarity and simplicity are game-changers for large enterprises," said Yaniv Shor, CEO and co-founder of Proggio. "Post COVID-19, managers across the globe are forced to deal with frequent changes and understand the implications on resources utilization and delivery targets. This task can't continue to be done with spreadsheets and presentations. In this business environment, it became clear that the project management domain should line up with other enterprise software applications and enable further digital transformation."
Using its patented project diagram architecture, called the "Project Map," Proggio is constantly evolving its solution's capabilities to optimize the project intake process, risk assessment, prioritization, and business analysis. Proggio offers an open API and natively integrates with Jira, Slack, Teams, and Microsoft and Google application suites.
Proggio™ is a next-generation, adaptive project portfolio management solution for enterprises and mid-market companies. By bringing clarity and simplicity to project portfolio management, Proggio accelerates digital transformation in a segment that is primarily using spreadsheets and presentations.
With its unique, adaptive solution, Proggio provides dynamic high-level views for executive managers, project managers, and other stakeholders. The solution was designed to quickly adapt to a change-driven environment, with an unprecedented level of user interface simplicity.
2.0 Ventures partners with visionary technology and consumer companies to hyperdrive growth and create optionality for founding teams. Through investment and key operational support, 2.0 Ventures helps founders navigate complex growth challenges and optimize their business for either future financing, strategic exit, or sustained profitability. The Fund's core belief is that as investors and founders collaborate to focus on what matters most, they can flexibly do what's best for the business, and value creation will follow.
Contacts - Proggio
info@proggio.com
Related Links
https://www.proggio.com
https://2point0ventures.com/
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SOURCE Proggio | https://www.kxii.com/prnewswire/2022/04/12/proggio-announces-7m-series-mission-help-fast-paced-digital-businesses-drive-project-portfolio-clarity-timeline-collaboration-simplicity/ | 2022-04-12T15:13:55Z |
MIAMI (AP) — Tyler Herro has recovered enough to play for the Miami Heat in Game 7 of the Eastern Conference finals Sunday night against the Boston Celtics.
Herro missed the three previous games because of a groin injury. He went through a series of on-court tests Sunday before the determination was made that he could play.
Herro was the NBA’s sixth man of the year award winner this season. He has averaged 13.5 points in the playoffs for the Heat on 41% shooting, down considerably from his regular-season numbers of 20.7 points on nearly 45% shooting.
For the Celtics, defensive player of the year Marcus Smart and center Robert Williams III were also declared available for Game 7 after being originally listed as questionable for the series finale. Smart has been dealing with an ankle sprain and Williams is playing through ongoing knee soreness following surgery.
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More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/herro-returns-to-heat-lineup-for-game-7-of-east-finals/ | 2022-05-30T19:09:12Z |
Kremlin says nuclear arms control talks hinge on US goodwill
MOSCOW (AP) — The Kremlin said Tuesday that it’s ready for talks with the United States on nuclear arms control even as Moscow and Washington have remained locked in a tense standoff over Russia’s actions in Ukraine.
Commenting on U.S. President Joe Biden’s statement that Washington is open for talks on a new arms control deal to replace the New START treaty after it expires in 2026, Kremlin spokesman Dmitry Peskov said that such negotiations are long overdue.
Just days before the New START was due to expire in February 2021, Russia and the United States agreed to extend it for another five years.
The treaty, signed in 2010 by President Barack Obama and Russian President Dmitry Medvedev, limits each country to no more than 1,550 deployed nuclear warheads and 700 deployed missiles and bombers, and envisages sweeping on-site inspections to verify compliance.
Moscow and Washington hadn’t started discussions about the pact’s possible replacement until the Kremlin sent troops into Ukraine on Feb. 24.
While voicing readiness to “expeditiously negotiate a new arms control framework to replace New START when it expires in 2026,” Biden emphasized in Monday’s statement that “Russia’s brutal and unprovoked aggression in Ukraine has shattered peace in Europe and constitutes an attack on fundamental tenets of international order.”
“In this context, Russia should demonstrate that it is ready to resume work on nuclear arms control with the United States,” he added.
Asked about Biden’s statement in a conference call with reporters, Peskov emphasized that “Moscow has repeatedly spoken about the necessity to start such talks as soon as possible as there is little time left.”
“If the treaty expires without being replaced with a solid deal, it will negatively impact global security and stability, primarily in the area of arms control,” Peskov noted. “We have called for an early launch of talks, but until that moment it has been the U.S. that has shown no interest in substantive contacts on the issue.”
He emphasized that negotiations on a new arms control pact can only be held “on the basis of mutual respect and taking into account mutual concerns.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/02/kremlin-says-nuclear-arms-control-talks-hinge-us-goodwill/ | 2022-08-02T13:08:36Z |
Clark Wernecke, executive director of the Gault School of Archaeological Research, will discuss the Gault Archaeological Site and its relation to the People of the Americas at 7 p.m. Monday at the Bell County Courthouse.
The meeting, sponsored by the Bell County Historical Commission, will be held in the first-floor courtroom of the courthouse, 101 E. Central Ave.
“The Gault Archaeological Site is one of those places where an archaeologist, if he stumbles into it, considers himself one of the luckiest,” Wernecke told the Telegram. “Archaeology, like most sciences, is incremental so we generally just find a little bit of stuff. But that stuff has a tremendous amount of information that can change the way we think about the people that live there.”
Wernecke — who holds degrees in history, business and anthropology, and has worked at the Gault Archaeological Site since 1999 — hopes that residents who attend the Bell County Historical Commission meeting take two things out of his guest appearance: to understand that archaeology sites are everywhere, and that a lot of what they have been taught about Native Americans is wrong.
“We like to think of archaeology as something that is found elsewhere,” he said. “If you watch the Discovery, National Geographic or History channels, you can kind of come away with that … because they’ll show you the pyramids in Egypt or something like that. But archaeology is all around.”
Wernecke referenced a previous conversation he had with a Bell County resident about whether there were any archaeological sites in Killeen.
“They asked if there were any archaeological sites in Killeen and I said hundreds. From prehistorical to historical,” he said. “The fact that the county has two large reservoirs and a huge military installation means that it’s actually one of the better documented areas. So lots and lots and lots of sites.”
Wernecke also highlighted how the Gault Archaeological Site will hold its annual Volunteer Day on May 7.
“There’s an awful lot of things that we need a bunch of hands for,” he said. “A couple of weeks ago a tornado basically started at Gault and pulled about 20 large trees up by the roots. It luckily didn’t destroy any of our buildings or infrastructure, but this year is going to be cleaning up a lot of tree branches.”
The community service event, which is expected to draw 50 to 60 people, is open to the public. The site is at 3439 FM 2843 in Florence. | https://www.tdtnews.com/news/central_texas_news/article_b1807448-c378-11ec-beaf-dbef3bc341c0.html | 2022-04-24T04:39:41Z |
DALLAS (KDAF) — Parents, now that kids are home from school, are you stuck in a snack rut? Like, are you running out of snack options for your children? Are they starting to get bored of the snacks they have?
If you’re looking for new snacks for your children’s diets then look no further.
Ramona Cruz-Peters is a working mother of two who began her blogging journey about 13 years ago. She now runs the blog Fab Everyday.
She says she seeks to show others that the Pinterest life is more attainable than you may think. All you have to do is keep it simple, prioritize and employ a few hacks along the way.
She joined Inside DFW with some nutritious kid-friendly snacks that they will enjoy. For more on her blog Fab Everyday, click here. | https://cw33.com/news/inside-dfw/kids-snack-ideas-with-texas-blogger-ramona-cruz-peters/ | 2022-07-07T17:13:37Z |
Revenue Growth of 20% Year-Over-Year
GAAP EPS: $0.67; Non-GAAP EPS: $0.89
Raises 2022 Revenue Guidance to $488.0-$489.5 million
Raises 2022 GAAP EPS Guidance to $2.39-$2.44
Raises 2022 Non-GAAP EPS Guidance to $3.50-$3.55
FOSTER CITY, Calif., Aug. 8, 2022 /PRNewswire/ -- Qualys, Inc. (NASDAQ: QLYS), a pioneer and leading provider of disruptive cloud-based IT, security and compliance solutions, today announced financial results for the second quarter ended June 30, 2022. For the quarter, the Company reported revenues of $119.9 million, net income under United States Generally Accepted Accounting Principles ("U.S. GAAP") of $26.6 million, non-GAAP net income of $35.3 million, Adjusted EBITDA of $54.4 million, GAAP net income per diluted share of $0.67, and non-GAAP net income per diluted share of $0.89.
"We are pleased to report another quarter of strong revenue growth and cash flow generation," said Sumedh Thakar, president and CEO. "We continue to execute well across both our go-to-market and platform innovation agendas, yielding strong competitive differentiation and multiple growth drivers in our business, including our evolving partner ecosystem. Partners remain strategic to our growth strategy, and with continued investment in our partner programs, we believe we will be able to leverage their large distribution networks to drive profitable growth."
Second Quarter 2022 Financial Highlights
Revenues: Revenues for the second quarter of 2022 increased by 20% to $119.9 million compared to $99.7 million for the same quarter in 2021.
Gross Profit: GAAP gross profit for the second quarter of 2022 increased by 21% to $94.8 million compared to $78.2 million for the same quarter in 2021. GAAP gross margin was 79% for the second quarter of 2022 compared to 78% for the same quarter in 2021. Non-GAAP gross profit for the second quarter of 2022 increased by 21% to $97.5 million compared to $80.6 million for the same quarter in 2021. Non-GAAP gross margin was 81% for both the second quarter of 2022 and the second quarter of 2021.
Operating Income: GAAP operating income for the second quarter of 2022 was $33.0 million compared to $29.4 million for the same quarter in 2021. As a percentage of revenues, GAAP operating income was 28% for the second quarter of 2022 compared to 29% for the same quarter in 2021. Non-GAAP operating income for the second quarter of 2022 increased by 20% to $47.3 million compared to $39.6 million for the same quarter in 2021. As a percentage of revenues, non-GAAP operating income was 39% for the second quarter of 2022 compared to 40% for the same quarter in 2021.
Net Income: GAAP net income for the second quarter of 2022 was $26.6 million, or $0.67 per diluted share, compared to $21.1 million, or $0.53 per diluted share, for the same quarter in 2021. As a percentage of revenues, GAAP net income was 22% for the second quarter of 2022 compared to 21% for the same quarter in 2021. Non-GAAP net income for the second quarter of 2022 was $35.3 million, or $0.89 per diluted share, compared to $31.6 million, or $0.79 per diluted share, for the same quarter in 2021. As a percentage of revenues, non-GAAP net income was 29% for the second quarter of 2022 compared to 32% for the same quarter in 2021.
Adjusted EBITDA: Adjusted EBITDA (a non-GAAP financial measure) for the second quarter of 2022 increased by 16% to $54.4 million compared to $46.7 million for the same quarter in 2021. As a percentage of revenues, Adjusted EBITDA was 45% for the second quarter of 2022 compared to 47% for the same quarter in 2021.
Operating Cash Flow: Operating cash flow for the second quarter of 2022 decreased by 38% to $33.8 million compared to $54.4 million for the same quarter in 2021. As a percentage of revenues, operating cash flow was 28% for the second quarter of 2022 compared to 55% for the same quarter in 2021.
Second Quarter 2022 Business Highlights
- Qualys VMDR continues to receive industry recognition with a win in the Fortress Security Awards Threat Detection Category and being named a finalist in the best vulnerability management category for both the US and Europe SC Media Awards.
- Introduced a major upgrade to VMDR with TruRisk™ to give security, cloud operations and IT teams unprecedented insights into their risk posture and drag and drop orchestration to prioritize and quickly respond to the most critical threats.
- Leveraging Qualys' single agent approach, we debuted a new solution, Custom Assessment and Remediation (CAR), opening the Cloud Platform by enabling security teams to swiftly respond to zero-day threats and conduct compliance audits of custom applications.
- Launched an enhanced Partner Program to empower partners by making our renowned Cloud Platform and its more than 20 IT security and compliance applications available with additional support and resources to help expand joint business and drive new customer acquisition.
- We continued our successful 10-city Qualys Security Conference (QSC) roadshow with events in London, Chicago, New York and San Francisco.
Financial Performance Outlook
Based on information as of today, August 8, 2022, Qualys is issuing the following financial guidance for the third quarter and full year fiscal 2022. The Company emphasizes that the guidance is subject to various important cautionary factors referenced in the sections entitled "Legal Notice Regarding Forward-Looking Statements" and "Non-GAAP Financial Measures" below.
Third Quarter 2022 Guidance: Management expects revenues for the third quarter of 2022 to be in the range of $124.5 million to $125.1 million, representing 19% growth over the same quarter in 2021. GAAP net income per diluted share is expected to be in the range of $0.56 to $0.58, which assumes an effective income tax rate of 26%. Non-GAAP net income per diluted share is expected to be in the range of $0.85 to $0.87, which assumes a non-GAAP effective income tax rate of 24%. Third quarter 2022 net income per diluted share estimates are based on approximately 39.2 million weighted average diluted shares outstanding for the quarter.
Full Year 2022 Guidance: Management now expects revenues for the full year of 2022 to be in the range of $488.0 million to $489.5 million, representing 19% growth over 2021, up from the previous guidance range of $484.0 million to $486.5 million. GAAP net income per diluted share is expected to be in the range of $2.39 to $2.44, up from the previous guidance range of $1.91 to $1.95. This assumes an effective income tax rate of 23%. Non-GAAP net income per diluted share is expected to be in the range of $3.50 to $3.55, up from the previous guidance range of $3.13 to $3.17. This assumes a non-GAAP effective income tax rate of 24%. Full year 2022 net income per diluted share estimates are based on approximately 39.4 million weighted average diluted shares outstanding.
Investor Conference Call
Qualys will host a conference call and live webcast to discuss its second quarter financial results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on Monday, August 8, 2022. To access the conference call by phone, please register here and you will be provided with dial in details. A live webcast of the earnings conference call, investor presentation and prepared remarks can be accessed at https://investor.qualys.com/events-presentations. A replay of the conference call will be available through the same webcast link following the end of the call.
Investor Contact
Blair King
Vice President, Investor Relations and Corporate Development
(650) 801-6299
ir@qualys.com
About Qualys
Qualys, Inc. (NASDAQ: QLYS) is a pioneer and leading provider of disruptive cloud-based Security, Compliance and IT solutions with more than 10,000 subscription customers worldwide, including a majority of the Forbes Global 100 and Fortune 100. Qualys helps organizations streamline and consolidate their security and compliance solutions onto a single platform for greater agility, better business outcomes, and substantial cost savings.
The Qualys Cloud Platform leverages a single agent to continuously deliver critical security intelligence while enabling enterprises to automate the full spectrum of vulnerability detection, compliance, and protection for IT systems, workloads and web applications across on premises, endpoints, servers, public and private clouds, containers, and mobile devices. Founded in 1999 as one of the first SaaS security companies, Qualys has strategic partnerships and seamlessly integrates its vulnerability management capabilities into security offerings from cloud service providers, including Amazon Web Services, the Google Cloud Platform and Microsoft Azure, along with a number of leading managed service providers and global consulting organizations. For more information, please visit www.qualys.com.
Qualys, Qualys VMDR® and the Qualys logo are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.
Legal Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, quotations of management and statements related to: the benefits of our new and upcoming products, features, integrations, collaborations and joint solutions, and their impact upon our long-term growth; our guidance for revenues, GAAP EPS and non-GAAP EPS for the third quarter and full year 2022; and our expectations for the number of weighted average diluted shares outstanding and the GAAP and non-GAAP effective income tax rate for the third quarter and full year 2022. Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. These risks include our ability to continue to develop platform capabilities and solutions; the ability of our platform and solutions to perform as intended; customer acceptance and purchase of our existing solutions and new solutions; real or perceived defects, errors or vulnerabilities in our products or services; our ability to retain existing customers and generate new customers; the budgeting cycles and seasonal buying patterns of our customers; the length of our sales cycle; the impact of the ongoing COVID-19 pandemic and related public health measures on our business and the global economy; our ability to manage costs as we increase our customer base and the number of our platform solutions; the market for cloud solutions for IT security and compliance not increasing at the rate we expect; competition from other products and services; fluctuations in currency exchange rates; unexpected fluctuations in our effective income tax rate on a GAAP and non-GAAP basis; our ability to effectively manage our rapid growth and our ability to anticipate future market needs and opportunities; any unanticipated accounting charges; and general market, political, economic and business conditions in the United States as well as globally. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
The forward-looking statements in this press release are based on information available to Qualys as of the date hereof, and Qualys disclaims any obligation to update any forward-looking statements, except as required by law.
Non-GAAP Financial Measures
In addition to reporting financial results in accordance with GAAP, Qualys provides investors with certain non-GAAP financial measures, including non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP net income per diluted share, Adjusted EBITDA (defined as earnings before interest expense, interest income and other income (expense), net, income taxes, depreciation, amortization, and stock-based compensation) and non-GAAP free cash flows (defined as cash provided by operating activities less purchases of property and equipment (net of proceeds from disposal) and principal payments under finance lease obligations).
In computing non-GAAP financial measures, Qualys excludes the effects of stock-based compensation expense, amortization of intangible assets from acquisitions, and non-recurring items and the related tax effects. Qualys believes that these non-GAAP financial measures help illustrate underlying trends in its business that could otherwise be masked by the effect of the income or expenses that are excluded in non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP net income per diluted share, Adjusted EBITDA and non-GAAP free cash flows.
Furthermore, Qualys uses some of these non-GAAP financial measures to establish budgets and operational goals for managing its business and evaluating its performance. Qualys believes that non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP net income per diluted share, Adjusted EBITDA and non-GAAP free cash flows provide additional tools for investors to use in comparing its recurring core business operating results over multiple periods with other companies in its industry.
Although Qualys does not focus on quarterly billings, Qualys provides calculated current billings (defined as total revenues recognized in a period plus the sequential change in current deferred revenue in the corresponding period) to assist investors and analysts in assessing its operating performance.
Qualys has not reconciled non-GAAP net income per diluted share guidance to GAAP net income per diluted share guidance because Qualys does not provide guidance on the various reconciling cash and non-cash items between GAAP net income and non-GAAP net income (i.e., stock-based compensation, amortization of intangible assets from acquisitions, and non-recurring items). The actual dollar amount of reconciling items in the third quarter and full year 2022 is likely to have a significant impact on the Company's GAAP net income per diluted share in the third quarter and full year 2022. A reconciliation of the non-GAAP net income per diluted share guidance to the GAAP net income per diluted share guidance is not available without unreasonable effort.
In order to provide a more complete picture of recurring core operating business results, the Company's non-GAAP net income and non-GAAP net income per diluted share are adjusted for non-recurring income tax items and tax effect of non-GAAP adjustments to achieve the effective income tax rate on a non-GAAP basis. The Company's non-GAAP effective tax rate may differ from the GAAP effective income tax rate as a result of these income tax adjustments. The Company believes its estimated non-GAAP effective income tax rate of 24% in 2022 is a reasonable estimate under its current global operating structure and core business operations. The Company may adjust this rate during the year to take into account events or trends that it believes materially impact the estimated annual rate. The non-GAAP effective income tax rate could be subject to change for a number of reasons, including but not limited to, significant changes resulting from tax legislation, material changes in geographic mix of revenues and expenses and other significant events.
The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of the non-GAAP financial measures discussed in this press release to the most directly comparable GAAP financial measures is included with the financial statements contained in this press release. Management uses both GAAP and non-GAAP information in evaluating and operating its business internally and as such has determined that it is important to provide this information to investors.
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SOURCE Qualys, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/08/qualys-announces-second-quarter-2022-financial-results/ | 2022-08-08T20:57:55Z |
CAMBRIDGE, Mass., Sept. 15, 2022 /PRNewswire/ -- As cities and towns seek funding for transportation, parks, affordable housing, and other public goods, they often overlook one of their most valuable assets—land. A new Policy Focus Report from the Lincoln Institute of Land Policy shows how local governments make land more valuable by building infrastructure and facilitating urban development, and how they can ensure that the community reaps the benefits.
Land value capture enables communities to recover and reinvest the land value increase that results from actions such as building new train stations or changing regulations to enable more dense development. In Land Value Capture in the United States: Funding Infrastructure and Local Government Services, author Gerald Korngold explains how the major land value capture tools work, and recommends a path forward for leaders who want to implement them.
The Trustee Professor of Law at New York Law School, Korngold also lays out the legal precedents for different types of land value capture and recommends ways policy makers can minimize legal risks.
"Land value capture has in various forms been used and legally upheld in the United States for some 150 years," he writes. "It remains a valid and viable option to finance government activities, provided policy makers leverage available tools appropriately."
Korngold provides an in-depth analysis of seven land value capture tools—exactions, impact fees, linkage fees, special assessments, mandatory inclusionary housing, incentive zoning, and transferable development rights. He uses case studies from around the country to explain how land value capture can contribute to public policy goals such as equity and sustainability.
For example, in the Northern Virginia suburbs of Washington, DC, commercial property owners agreed to tax themselves more than $700 million to fund a 23-mile extension of the Metrorail system to Dulles International Airport, roughly an eighth of the total cost of the project. The first section of the new line opened in 2014, and the rest is scheduled to open later this year.
In downtown Chicago, the city grants developers permission to construct larger buildings in exchange for voluntary fees, which are calculated based on the size of each project. The city directs 80 percent of the revenue to commercial development in underserved neighborhoods, 10 percent to public improvements near each downtown project, and 10 percent to the restoration of landmarks.
Such policies are possible because transportation infrastructure and zoning for greater density have both been shown to increase the value of land, either by providing access to jobs and amenities, or increasing the profitability of a development, as Korngold documents in the report.
"Without land value capture, this increased land value remains exclusively in private hands despite the public actions that created it," Korngold writes.
The report is intended for state and local policy makers, urban planners, economic development officials, civic leaders, lawyers, advocates, and other stakeholders.
"Gerald Korngold provides an all-too-rare pragmatic overview of land value capture, a topic that stokes great passion from theorists and practitioners alike," said Ian Carlton, senior economic advisor for ECONorthwest, a consulting firm that specializes in economics, finance, and planning. "He clearly explains many of the value capture options that one could implement in the U.S. context."
The report is available for download at no cost on the Lincoln Institute's website: https://www.lincolninst.edu/publications/policy-focus-reports/land-value-capture-in-united-states
The Lincoln Institute of Land Policy seeks to improve quality of life through the effective use, taxation, and stewardship of land. A nonprofit private operating foundation whose origins date to 1946, the Lincoln Institute researches and recommends creative approaches to land as a solution to economic, social, and environmental challenges. Through education, training, publications, and events, we integrate theory and practice to inform public policy decisions worldwide.
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SOURCE Lincoln Institute of Land Policy | https://www.wibw.com/prnewswire/2022/09/15/report-shows-how-land-value-capture-can-pay-infrastructure-affordable-housing-public-services/ | 2022-09-15T15:20:46Z |
13′s Ralph Hipp Celebrates Retirement at Topeka Civic Theatre
TOPEKA, Kan. (WIBW) - A WIBW legend celebrated the end of a 30 year career, at the Topeka Civic Theatre.
We! Love! Ralph! Hip! Hip! Horray!
That’s what everyone we spoke to had to say about Ralph Hipp.
Sheriff Brian Hill, KHP leader Herman Jones and State Senator, Brenda Dietrich all paid tribute to Hipp, with plaques of recognition.
Mayor Mike Padilla proclaimed Friday ‘Ralph Hipp day in the capital city’.
And the Community Thanksgiving Dinner Foundation thanked Ralph for his unwavering support.
The celebration came complete with cake, balloons, food, and a short program emceed by 13′s Melissa Brunner.
Ralph’s legendary career has led to life long friendships.
“In every circumstance that I’ve been with him which is a lot now, over a long number of years, he’s just a good decent human being doing a job that is important to Kansas and to this community,” Sen. Jerry Moran said.
“He and I have gone through a number of campaigns together, he’s always been there listening to what I have to say and being that connection and voice for the people and that’s what I love about Ralph,” Mayor Mike Padilla said.
“Ralphs a guy you know that you’ll never replace, a Ralph Hipp, I mean the guys a one of a kind, you never replace him, you just try to continue on his great reputation for doing the best news possible,” said 13 News Director, Jon Janes.
“I love him so much that I just know that he is going to live a great life and he is going to be a great man when he grows old and wise,” said Hipp’s granddaughter, Jia.
Ralph says he couldn’t be more grateful to everyone who stopped by to wish him well.
And to all of you at home.
“I would say thank you, thank you for your support for me and for the station and for our show and to be able to connect with Topeka, just thank you so much,” Hipp said.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/02/13s-ralph-hipp-celebrates-retirement-topeka-civic-theatre/ | 2022-09-02T03:43:18Z |
Sri Lanka leader promises inquiry into police shooting
By KRISHAN FRANCIS and BHARATHA MALLAWARACHI
Associated Press
COLOMBO, Sri Lanka (AP) — Sri Lankan President Gotabaya Rajapaksa has pledged “an impartial and transparent inquiry” into a police shooting that left one person dead and 13 others injured during protests over the country’s worst economic crisis in decades. The president said in a tweet on Wednesday he was “deeply saddened” over the incident, which occurred a day earlier in Rambukkana, 56 miles northeast of the capital, Colombo, and urged “all citizens to refrain from violence as they protest.” Protests expanded to other parts of Sri Lanka as people used vehicles to block key roads as they demonstrated against the shooting as well as rising fuel prices and the government’s failure to resolve the deepening economic problems. | https://localnews8.com/news/ap-national-business/2022/04/20/widespread-protests-grip-sri-lanka-after-police-shooting/ | 2022-04-20T12:18:15Z |
BELTON — Services for Lee deGuerin Mayfield, 81, of Belton will be 1 p.m. Tuesday at Dossman Funeral Home in Belton.
Mr. Mayfield died Friday, April 15, at a Temple hospital.
He was born Oct. 18, 1940, in August to Maurice and Bess Ellen Talley Mayfield. He graduated from Austin High School, and attended Texas A&M University and the University of Texas at Austin. He married Ethel Ilschner in 1964. He worked for Town and Country in Bryan, and Strasburger Enterprises. He attended Anchor of Hope Fellowship Church.
Survivors include his wife; a son, Mike Mayfield; a daughter, Michelle Mayfield; a sister, Tinka Adkins; and two grandchildren. | https://www.tdtnews.com/obituaries/article_20f10bfe-bdce-11ec-8220-4bcb6c7416b3.html | 2022-04-17T08:25:29Z |
- Proprietary technology Hominis® Surgical System, first-of-its-kind surgical robot with humanoid-shaped arms, also rebranded to Anovo™ Surgical System
- Company also highlights clinical data of surgical system in multiple presentations at SRS 2022 Annual Meeting
TEL AVIV, Israel and FORT LAUDERDALE, Fla., July 5, 2022 /PRNewswire/ -- Memic Innovative Surgery Ltd. (Memic), a medical device company dedicated to transforming surgery with its proprietary surgical robotic technology, today announced that it has rebranded to become Momentis Surgical™ and has changed the name of its proprietary technology from Hominis® Surgical System to Anovo™ Surgical System. The company first unveiled the rebrand in a special on-site event called "Project M" on Friday, July 1, 2022 at the Society of Robotic and Digital Surgery (SRS) 2022 Annual Meeting in Florida.
"We are pleased to announce our new identity as Momentis Surgical. As an innovative and visionary technology company, we want to ensure that our brand aligns with our vision and core values and reflects our expanded corporate mission to transform the field of robotic surgery in a range of indications using next-generation surgical robots that provide a human touch, mirroring the movements of the human body to enable surgeons to perform procedures previously unimaginable," said Dvir Cohen, chief executive officer of Momentis. "We believe the name Momentis captures not only where we find ourselves as a company today, but it reflects our inspiration for future growth as an organization."
At SRS 2022, the company also highlighted clinical data of the Anovo System in seven presentations including four oral presentations. In one of the oral presentations, titled "Advancements in Robotic Gynecology: Vaginal Robotics," Ricardo E. Estape, MD, gynecologic surgeon and director, HCA Florida Institute for Gynecologic Oncology, Kendall Hospital and Erica Stockwell, DO, MBA, FACOG, gynecologic surgeon, AdventHealth Celebration, reviewed the history of robotic surgery and the clinical benefits of the transvaginal approach to gynecological surgery. Dr. Estape also discussed his clinical experience with the Anovo System, as the first surgeon in the U.S. to ever perform a robotic-assisted transvaginal hysterectomy using this technology. He has performed six patient procedures to-date, all completed with good results and all patients were discharged from the hospital same day post-surgery.
The Anovo System is indicated for use in robotic-assisted transvaginal benign surgical procedures including benign hysterectomy, salpingectomy, oophorectomy, adnexectomy, and ovarian cyst removal. Multiple instruments can be introduced to the body through a single portal and the unprecedented articulation of the robotic ARMS offers optimal access and working angles. Anovo requires a much smaller footprint and costs significantly less than conventional robotic systems, making it possible for more hospitals and ambulatory surgery centers to acquire the system and offer more patients the benefits of less invasive robotic surgery.
In June 2022, Momentis announced the first U.S. patient procedures were successfully performed using the Anovo System for robotic-assisted transvaginal hysterectomy at HCA Florida Kendall Hospital and The Women's Hospital at Jackson Memorial.
About Momentis Surgical™
Momentis Surgical (formerly Memic Innovative Surgery) is a medical device company founded in 2013 and based in Tel Aviv, Israel with a wholly owned subsidiary based in Fort Lauderdale, Florida. Momentis is dedicated to transforming the field of robotic surgery by developing innovative small footprint, cost-effective, robotic-assisted technologies and techniques for a growing number of clinical applications. Our goal is to empower surgeons to perform minimally invasive, complex procedures, enabling better patient outcomes, lowering cost of care, and opening access to more surgeons, patients, hospitals, and surgery centers across the globe. For more information, visit: https://www.momentissurgical.com/.
Media Contact:
Lynn Granito
Berry & Company Public Relations
lgranito@berrypr.com
973-818-3732
Investor Contact:
Greg Chodaczek
Gilmartin Group
greg@gilmartinir.com
347-620-7010
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SOURCE Memic | https://www.wibw.com/prnewswire/2022/07/05/memic-innovative-surgery-announces-its-rebrand-momentis-surgical-reflect-corporate-transformation/ | 2022-07-05T16:11:30Z |
MEXICO CITY, Aug. 4, 2022 /PRNewswire/ -- Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) ("Volaris" or "The Company"), the ultra-low-cost airline serving Mexico, the United States, Central, and South America, reports its July 2022 preliminary traffic results.
In July 2022, Volaris' capacity (measured in ASMs) increased 28.8% compared to July 2021, while demand (measured in RPMs) increased 21.9% compared to the same period; the result was a load factor of 84.7% (-4.8 pp YoY). Volaris transported 2.8 million passengers during the month, a 22.2% increase compared to July 2021. Passenger demand (RPMs) in the domestic Mexican and international markets increased 22.8% and 19.6%, respectively, compared to July 2021. Year-to-date, Volaris' demand (measured in RPMs) increased 32.2% YoY, with a load factor expansion of 0.1 pp, to 84.1%.
The information included in this report has not been audited, and it does not provide information on the company's future performance. Volaris' future performance depends on many factors. It cannot be inferred that any period's performance or its comparison year over year will indicate a similar performance in the future.
About Volaris:
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. ("Volaris" or the "Company") (NYSE: VLRS and BMV: VOLAR), is an ultra-low-cost carrier, with point-to-point operations, serving Mexico, the United States, Central, and South America. Volaris offers low base fares to build its market, providing quality service and extensive customer choice. Since the beginning of operations in March 2006, Volaris has increased its routes from 5 to more than 197, and its fleet from 4 to 113 aircraft. Volaris offers more than 500 daily flight segments on routes that connect 43 cities in Mexico and 28 cities in the United States, Central, and South America, with one of the youngest fleets in Mexico. Volaris targets passengers who are visiting friends and relatives, cost-conscious business and leisure travelers in Mexico, the United States, and Central and South America. Volaris has received the ESR Award for Social Corporate Responsibility for eleven consecutive years. For more information, please visit www.volaris.com.
Investor Relations Contact
Félix Martínez / Naara Cortés Gallardo / ir@volaris.com
Media Contact
Gabriela Fernández / gabriela.fernandez@volaris.com
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SOURCE Controladora Vuela Compania de Aviacion, S.A.B. de C.V. - Volaris | https://www.kxii.com/prnewswire/2022/08/04/volaris-reports-july-2022-traffic-results-22-yoy-demand-growth-with-an-85-load-factor/ | 2022-08-04T21:52:52Z |
Russia’s war in Ukraine
By Simone McCarthy, Joshua Berlinger, Hannah Ryan and Laura Smith-Spark, CNN
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
By Simone McCarthy, Joshua Berlinger, Hannah Ryan and Laura Smith-Spark, CNN
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
You must be logged in to post a comment. | https://localnews8.com/news/national-world/cnn-europe-mideast-africa/2022/05/27/russias-war-in-ukraine-34/ | 2022-05-28T10:33:27Z |
OSLO, Norway, April 26, 2022 /PRNewswire/ -- Aker Carbon Capture ASA will present its first-quarter 2022 results on 28 April 2022.
The presentation will be broadcast as a webcast on the following link: https://channel.royalcast.com/landingpage/hegnarmedia/20220428_12/
Time and date: Thursday, 28 April 2022 at 15:00 CEST.
Questions can be submitted throughout the streaming event and the presentation material will be published at 07:00 CEST.
Media contact:
Ivar Simensen, mob: +47 464 02 317, email: ivar.simensen@akerhorizons.com
Yannick Vanderveeren, mob: +47 458 36 358, email: yannick.vanderveeren@akercarboncapture.com
Investor contacts:
David Phillips, mob: +44 7710 568279, email: david.phillips@akercarboncapture.com
Christian Yggeseth, mob: +47 915 10 000, email: christian.yggeseth@akerhorizons.com
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
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SOURCE Aker Carbon Capture AS | https://www.kxii.com/prnewswire/2022/04/26/aker-carbon-capture-presentation-q1-2022-results/ | 2022-04-26T11:04:18Z |
2022 ESG report highlights progress delivering low-carbon economy
ATLANTA, Aug. 10, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today released its 15th annual Environmental, Social, and Governance report. The 2022 report highlights the company's progress reducing its environmental impact, creating a culture of inclusion, investing in its people, strengthening governance practices, and helping customers achieve their sustainability goals.
"Norfolk Southern is a customer-centric, operations-driven company, which means helping our customers achieve their supply-chain emissions goals and reducing our own carbon footprint," said Norfolk Southern President and CEO Alan Shaw. "Our report highlights initiatives and technologies that are delivering the low-carbon economy, serving customers, and adding value for all our stakeholders."
In its 2022 report, Norfolk Southern highlights the importance of partnerships in its sustainability strategy – with customers, industry partners, and other stakeholders. Accomplishments this past year included:
- Creating an industry-leading carbon calculator for shippers, empowering companies to make better transportation decisions and reduce carbon emissions from their own supply chains.
- Hosting an inaugural Sustainability Summit in partnership with Sustain SC, welcoming state leaders and more than 30 companies to Brosnan Forest, Norfolk Southern's 14,400-acre ecological preserve in South Carolina.
- Hosting a Chief Mechanical Officers meeting with leaders from every North American Class I railroad to share ideas, insights, and best practices to further improve rail industry efficiencies.
"Norfolk Southern is making strides to advance sustainability for both our customers and our planet, and we know it will take a collaborative effort to reach the environmental goals required to protect our planet for future generations," said Norfolk Southern Chief Sustainability Officer Josh Raglin. "The more companies work together across their supply chain, the quicker we can achieve measurable progress."
Other milestones highlighted in the report include:
- Delivering the low-carbon economy, making a 5% improvement toward its science-based target of 42% reduction in Scope 1 and Scope 2 greenhouse gas emissions intensity by 2034 (since a 2019 base year).
- Applying new technologies, improving locomotive fuel efficiency by 7% from 2019 and enabling Norfolk Southern to move one ton of freight over 460 miles on a single gallon of fuel.
- Strengthening governance practices, appointing an independent Chair to its Board of Directors.
- Investing in its people, creating a $1.2 million scholarship fund to support children of Norfolk Southern railroaders annually.
- Cultivating biodiversity, permanently protecting 1,105 acres of ecologically significant land in South Carolina – adding to nearly 14,000 acres already under protection – while restoring over six miles of streams and 500 acres of wetlands.
- Developing a corporate DEI strategic plan, establishing a team dedicated to operationalizing inclusion, and using nationwide benchmarking to further a diverse, equitable, and inclusive organization.
- Preserving its history, donating complete historical archives from its predecessor companies and $1.25 million to museums in Virginia and Georgia, while creating paid internship opportunities at both museums for underrepresented communities over the next five years.
- Minimizing waste in its supply chain, reclaiming over 1.6 million gallons of used oil and recycling 100% of both used crossties and rail.
- Advancing energy efficiency, increasing its total renewable energy usage in deregulated markets to approximately 26%, or 12% across its entire network.
To access the full 2022 Environmental, Social, and Governance report, visit norfolksouthern.com.
About Norfolk Southern
Since 1827, Norfolk Southern Corporation (NYSE: NSC) and its predecessor companies have safely moved the goods and materials that drive the U.S. economy. Today, it operates a customer-centric and operations-driven freight transportation network. Committed to furthering sustainability, Norfolk Southern helps its customers avoid 15 million tons of yearly carbon emissions by shipping via rail. Its dedicated team members deliver more than 7 million carloads annually, from agriculture to consumer goods, and is the largest rail shipper of auto products and metals in North America. Norfolk Southern also has the most extensive intermodal network in the eastern U.S., serving a majority of the country's population and manufacturing base, with connections to every major container port on the Atlantic coast as well as the Gulf of Mexico and Great Lakes. Learn more by visiting www.NorfolkSouthern.com.
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SOURCE Norfolk Southern Corporation | https://www.wibw.com/prnewswire/2022/08/10/customers-center-norfolk-southern-sustainability-program/ | 2022-08-10T14:46:59Z |
Cadourcy to leverage publisher, agency and ad-tech experience to drive innovative go-to-market strategies centered on brand evolution as Nativo enters next phase of growth
LOS ANGELES, June 7, 2022 /PRNewswire/ -- Nativo, the most advanced content technology platform where advertisers and publishers distribute brand stories at scale, announced the expansion of the executive team with the appointment of their first Chief Marketing Officer, Raquel Cadourcy.
A seasoned marketer with over two decades of experience building leading brands, media and publisher platforms, Cadourcy will serve as a strategic thought leader to evangelize the Nativo brand. Leading the marketing organization, Cadourcy will act as a key executive business partner to the CEO of Nativo, Justin Choi.
"Nativo's robust storytelling platform is leveraged by a wide range of customers from brands, advertising agencies, publishers, PR agencies, and increasingly: apps and commerce companies," said Choi. "As such, we needed a seasoned thought leader and marketer who could connect strategically with our broad customer base and expand the visibility of our brand and mission. Raquel's unique experience across agencies, publishers, and ad-tech will be key in connecting these dots for us. We are excited to have her on board as we enter this next phase of growth at Nativo.
Cadourcy joins Nativo from Modern Luxury Media, the nation's largest luxury media company, acting as Chief Marketing Officer. She led the premium media platform and publisher in developing a new corporate brand and narrative, repositioning the company from a traditional publishing entity to an evolved media entity while improving customer acquisition and retention. Prior to her time at Modern Luxury, Cadourcy was Vice President of Marketing at Undertone, a leading ad-tech company, where she led global marketing strategy inclusive of experiential marketing, thought leadership, sponsorship opportunities, Public Relations, and the development of digital content plans. Cadourcy also spent ten years in business development and sales leadership roles at Merkle, working across all industry verticals.
"Over the course of my career, I have always found myself drawn to brands and platforms that exhibit an accelerator mindset, with ambitions for rapid growth," said Cadourcy. "It is clear that Nativo is primed to continue to disrupt the advertising industry with a platform that enables storytelling at scale in an authentic way. Nativo has a modern and progressive culture, one that I am proud to be a part of."
Nativo is redefining native advertising and sponsored content by creating meaningful consumer connections at scale for brands, publishers, applications and commerce. We make scalable and insightful storytelling with immersive content possible for brands. At the same time, our platform enriches monetization and the overall user experience for publishers, applications and commerce with exclusive formats and low latency serving. Nativo is focused on improving consumer experiences on the open web with integrated and brand safe ad formats and content executions. Learn more at www.nativo.com.
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SOURCE Nativo | https://www.mysuncoast.com/prnewswire/2022/06/07/nativo-appoints-veteran-raquel-cadourcy-companies-first-chief-marketing-officer/ | 2022-06-07T16:18:31Z |
NEW YORK, July 22, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Discover Financial Services (NYSE: DFS) resulting from allegations that Discover Financial Services may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Discover Financial Services securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=7773 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.
WHAT IS THIS ABOUT: On July 20, 2022, after trading hours, Discover Financial Services issued a press release announcing its financial results for its second quarter of 2022. Among other items, Discover Financial Services disclosed that "[t]he company is suspending until further notice its existing share repurchase program because of an internal investigation relating to its student loan servicing practices and related compliance matters. The investigation is ongoing and is being conducted by a board-appointed independent special committee."
On this news, Discover Financial Services share prices fell $9.80 per share, or 8.9%, to close at $100.00 per share on July 21, 2022, on unusually heavy trading volume.
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 litigate securities class actions. 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.
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.
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/2022/07/22/rosen-global-leading-law-firm-encourages-discover-financial-services-investors-with-losses-excess-100k-inquire-about-securities-class-action-investigation-dfs/ | 2022-07-22T19:22:23Z |
Denison man arrested for child sex crimes
Published: Jun. 9, 2022 at 8:51 AM CDT|Updated: 5 minutes ago
SHERMAN, Texas (KXII) - A Denison man wanted for sexually abusing a child turned himself in to the Grayson County Jail Wednesday morning.
Deputies arrested David James Sagers, 41, for continuous sexual abuse of a child under 14, aggravated child sexual assault, and indecency with a child/sexual contact.
He is being held on $125,000 in bonds.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/06/09/denison-man-arrested-child-sex-crimes/ | 2022-06-09T13:57:09Z |
BEDMINSTER, N.J. (AP) — Henrik Stenson’s decision that cost him the European Ryder Cup captaincy paid large and immediate dividends Sunday when he won the LIV Golf Invitational at Bedminster and picked up more than $4 million for three days’ work.
Staked to a three-shot lead going into the third and final round at Trump National, Stenson opened with a 20-foot birdie putt and never led anyone closer than two shots the rest of the way.
He closed with a 2-under 69 for a two-shot victory over Matthew Wolf (64) and Dustin Johnson, who birdied the last hole for a 68.
Stenson, five years removed from beating a field of more than 20 players, picked up $4 million for winning and an additional $375,000 for his team finishing second.
The big payoff — not including a signing bonus reported to be about $50 million — comes less than two weeks after he 46-year-old Swede decided to join the Saudi-funded LIV Golf series.
Stenson had pledged full support to the European tour when he became Ryder Cup captain and March, and the tour stripped him of the job four months later when he changed his mind.
“I guess we can agree I played like a captain,” Stenson said on the LIV Golf telecast.
He finished at 11-under 202.
Asked by the LIV-paid broadcaster if he felt validated by the win, Stenson chose not to engage and replied, “It’s been a good first week.”
“It’s been a busy 10 days. I’m extremely proud I managed to focus as well as I did,” he said.
Stenson won the Hero World Challenge in December 2019 in the Bahamas, the holiday event hosted by Tiger Woods with a 20-man field. Before that, he won the Wyndham Championship in 2017. And while he felt pressure in the final hour, it didn’t always look like it.
Stenson poured in an 8-foot birdie putt on the 14th that gave him a three-shot lead with four holes remaining, two of them par 5s. But he took four to get down from left of the green on the par-5 15th. Two holes later, Stenson made a 10-foot putt for par to take a two-shot lead down the par 5 closing hole.
“The putt on 17 was massive to keep the cushion coming up the last,” Stenson said.
Johnson now has finished eight, fourth and tied or second in the three LIV Golf Invitationals. His team, “4 Aces,” has won the last two times, paying $750,000 to each player. In three events since Johnson reportedly received a $150 million signing fee, the two-time major champion has made over $5.2 million on the course.
Carlos Ortiz of Mexico (68) finished fourth, while Patrick Reed (69) was fifth.
Phil Mickelson shot an even-par 71, only the second time in nine rounds of LIV Golf that Mickelson has shot par or better. He finished 35th.
The LIV Golf Invitational is off for a month during the FedEx Cup playoffs on the PGA Tour, returning over Labor Day weekend about an hour west of Boston, and then two weeks later plays in the Chicago suburbs.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/stenson-wins-liv-golf-event-and-gets-4-million-in-debut/ | 2022-08-01T16:10:54Z |
MONTREAL, July 22, 2022 /PRNewswire/ - About a week ago, Canadian real estate developer Ray Junior Courtemanche made the headlines as he announced that he would now allow his clients to make their purchase using crypto through Dello's POS systems.
Even if Courtemanche was confident that it would sooner or later lead to results, he didn't expect things would go so fast.
"After the press release, the news began spreading all over the world. We were everywhere. Within a few days, we already had dozens of calls and emails from potential buyers,'' affirms Courtemanche.
Shortly after seeing the announcement, Geneviève Langevin, a notorious real estate broker and investor from Montreal, was among the first who reached out to the promoter.
"As a crypto holder, I immediately saw this as an opportunity to be among those innovative people making the financial world evolve. I think transactions such as this one tell a lot about where we are heading with crypto,'' says Langevin.
Only a few days after, the deal was made. Geneviève Langevin would be the first person in Canada to purchase a Skyblu Condo in Cité Mirabel using only Bitcoins. For Courtemanche, this meant a lot.
"Coming from a knowledgeable real estate broker, someone who knows the market as much as Geneviève does, you know we're doing something good if she comes and knocks at our door,'' says Ray Junior Courtemanche.
Like Geneviève Langevin, through Dello's innovative crypto POS systems, businesses will now be able to accept crypto and receive settlement in cash directly to their bank accounts. With such solutions, Cypto payments—from customers around the corner and around the world, are now as simple as any traditional payment methods.
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SOURCE Investissement Ray Junior | https://www.mysuncoast.com/prnewswire/2022/07/22/ray-junior-courtemanche-sees-immediate-results-accepting-crypto-sell-skyblu-condos-canadian-real-estate-broker-investor-genevive-langevin-makes-her-purchase-using-only-bitcoins/ | 2022-07-22T14:32:07Z |
(NewsNation) — “Ghosting” has made its way into the workforce, and employers are not happy.
The concept itself isn’t new. In the dating world, the term “ghosting” has long been used to describe a romantic suitor who abruptly cuts off contact and communication with the other party, usually out of nowhere. But in 2019, a survey from Indeed found that 83% of employers had experienced applicants disappearing before their start date. And 69% said work-related ghosting, in general, started two years prior to that.
COVID-19 has caused the job market to continuously shift, and many experts say it’s the employees who now hold the upper hand in job negotiations.
“The incidence of so-called ghosting — of accepting offers and then saying that they’ll start and not showing up — is at a record high,” Jonas Prising, chairman and CEO of staffing agency ManpowerGroup Inc. told the Wall Street Journal.
Manufacturing, restaurant, airline, and cleaning jobs are reportedly seeing a surge of job seekers accepting positions and then disappearing right before starting.
NewsNation’s Ashleigh Banfield spoke with Rob Bralow, the owner of BLVD Wine Bar in New York City, who has been ghosted several times by potential applicants.
Bralow says 90% of the applicants he’s reviewed didn’t even show up for their interview.
“Getting an interview is not really a difficult proposition. The real issue is once you’ve got the interview, to decide to go. And if they’re not willing to go do that, then there’s really no next step. And it doesn’t really matter what I’m hiring for. It’s not specifically for servers, it’s not specifically for dishwashers, or chefs. It’s all the way up to management. And it’s fascinating.”
WSJ reports that the rise in no-shows “could be just an expression of job seekers having a lot more confidence in their ability to find a job,” according to Nick Bunker, an economist at Indeed.
“Banfield” spoke to a a panel of Gen Z job-seekers for their insight.
“I definitely think it’s a common stereotype (laziness) that is given to a lot of Gen Z,” Lillian Zhang, a recent graduate, said. “But I don’t think it’s true. There’s something much deeper than that, I feel. There are so many options for students, and Gen Z, to choose from, that I think when it comes to seeing all of these options presented in front of them, some of them might get too overwhelmed.”
Zhang also says people her age are prioritizing different things like mental wellness, good company culture, paid time off, and being treated fairly.
Zayne Violet, who has been ghosted by an employer, also spoke out on the matter.
Violet says she, personally, would never ghost an employer, but she can understand why her generation would.
“I do think that it is, in part, constantly having a phone in front of our face. That’s what we were raised on. And I do believe that it creates a little bit of a discrepancy in wanting to be confrontational and wanting to do things in person. It’s very uncomfortable, because it’s easier to be forthright with the screen in between you, rather than being directly in front of another person,” Violet said.
It may look like carelessness or laziness or disinterest, but Clinical Psychologist Dr. John Duffy says that younger people are simply more discerning about their needs in the workplace.
“The pandemic has only exacerbated that, where they realize, ‘Oh, we don’t have to work the number of hours that our parents worked at their early jobs in order to be efficient,” Dr. Duffy said on “Banfield.”
Duffy also said that there is an anxiety more prevalent in younger people that needs to be overcome “in order to just get them in the space where they learn how competent and resilient they actually are.”
Therapist Darby Fox says it’s not a surprise that mental health awareness ranks high for younger people when it comes to a priority.
“We’ve created an environment where it’s OK to say I have anxiety, or I could be depressed. And so I think that’s a really important, if you will, outcome of COVID, a positive outcome,” Fox said.
Deutsche Bank has warned its members of a “major recession” coming to the United States soon amid rising interest rates and inflation hitting consumers hard across the United States.
Is Gen Z ready for a recession? An all-star panel of career experts also joined NewsNation’s “Banfield” to offer insight.
“I think there’s a ‘kid in the candy store’ sort of confidence that job-seekers get, and they aren’t always making good decisions,” Julie Bauke, a chief career strategist for The Bauke Group, said.
Paul McDonald, the senior executive director for Robert Half, says that there might be too many choices for job-seekers in this market.
Hiring gains have been strikingly consistent in the face of the worst inflation in four decades, with employers adding at least 400,000 jobs for 12 straight months.
McDonald also said it’s not just Gen-Z acting this way, either. It goes through all generations.
“So with all those openings, the confidence is too high. And they’re making choices right off the bat to try and find a job, get a job. They’re all enthusiastic without doing enough research, without looking for connections, if it’s a good cultural fit for them. And, you know, looking at the job description, Am I really a good fit?” | https://cw33.com/news/nexstar-media-wire/ghosting-why-more-new-employees-are-vanishing-before-they-start/ | 2022-05-21T18:58:48Z |
Jackson girls lacrosse season off to a strong start
JACKSON TWP. – Eight games into a season with big expectations, the Jackson Polar Bears are well on their way to maintaining their status as one of the best girls lacrosse programs in Northeast Ohio.
At 7-1, their record is built on wins against top competition in both Ohio and beyond. Their lone loss is to multi-time state champion Upper Arlington, arguably the top program in the state over the past decade.
But when the only blemish on your record came on the road against that level of competition, it's fair to say that you've had a strong start to your campaign.
"Definitely the Upper Arlington game didn't go the way we planned, but there is the saying that you learn a lot more from a loss than you do a win," veteran head coach John Kroah said. "Since then, we've started to see things differently and everything is starting to come together, and it culminated in a big win over New Albany."
The 14-9 road win against New Albany underscored Jackson's balance on both ends of the field. Junior goalie Lauren Esposito has settled in between the pipes, helming a defense that allowed just 26 goals in the four games that followed the Upper Arlington contest.
On the other end, a diverse offense has four players with double-digit goals through eight games, led by Allie Hartnett (33), Chelsea Debevec (29), Riley Floyd (17) and Lauren Pallotta (16). The way the offense and defense complement one another is by design and with such a potent offense, the defense knows it doesn't have to be perfect to give the team a chance to win.
"Our defense is unique in that it bends, but doesn't break. You're going to get goals scored on you playing the schedule we do, but our mindset is that after every goal is scored against us, we're going to get the next one," Kroah said. "The amount of horsepower we have on that (offensive) end, we're confident we can do that."
The schedule has been tough by design and that's been a staple of the program over the past decade. Jackson lacrosse has carved out a place among the state's best by playing the state's best and doing so in both the regular season and postseason.
Another reliable component of the schedule is the program's annual spring break trip to North Carolina. This year, the trip yielded wins over Charlotte Latin (16-5) and Charlotte Country Day School (15-3), but also intangible benefits, Kroah said.
"Charlotte is always a great place to weather-wise spring break and it has always paid off for us both in the short term, but also long term when it comes to team bonding and the things it allows us to do being together all day every day, training in the morning, eating three meals a day together and playing games in the evening," he said.
Of course, that good North Carolina weather didn't exactly follow the Polar Bears home. Instead, they've dealt with the same gnarly Northeast Ohio spring conditions that have plagued spring sports teams throughout the region.
While Kroah admitted that he and his team would love better weather for games, he's quick to point to the fact that every team is dealing with the same inhospitable temperatures mixed with rain and even snow.
The weather figures to heat up eventually and the plan is for the Polar Bears to do the same, playing what they want to be their best lacrosse as the tournament nears.
They aim to reach the tail end of the year in peak form, building on success against elite competition and using their balanced attack to drive them far in the postseason. | https://www.cantonrep.com/story/sports/2022/04/18/jackson-girls-lacrosse-season-off-strong-start/7354439001/ | 2022-04-19T19:45:57Z |
Dallas Mavericks CEO, Sarah Jakes Roberts, Tasha Cobbs Leonard and more set to join T.D. Jakes in Atlanta next week
ATLANTA, Sept. 15, 2022 /PRNewswire/ -- A global movement culminates next week. Woman, Thou Art Loosed! The Grand Finale conference at the Georgia World Congress Center on Sept. 22 - Sept. 24 will host more than 20,000 women from around the world. Female titans of business and powerhouse artists have joined the conference to lend their voices and expertise as many prepare to reconvene one last time in the city where Woman, Thou Art Loosed! began. Woman, Thou Art Loosed! The Grand Finale is now sold out to attend in person, but virtual viewing is available. Tickets to attend virtually may be purchased at WTAL.org.
T.D. Jakes, an accomplished entrepreneur, global Christian leader and values-based entertainment leader, is known for his influence beyond the pulpit—Woman, Thou Art Loosed! spurred a stage play and movie. The Girl Talk session this year titled "Power in Charge," and powered by Coca-Cola, will feature women who are breaking barriers and leading in their respective fields. Serita A. Jakes, author, producer and founder of Serita Jakes Home, will host the conversation with guests:
- Cynt Marshall, CEO of the Dallas Mavericks
- Janice Bryant Howroyd, CEO and founder of the ActOne Group
- Valerie Love, senior vice president North America for the Coca-Cola Company
- Nana Gecaga, CEO of the Kenyatta International Convention Centre
- Hattie Hill, CEO and president of the T.D. Jakes Foundation
The Girl Talk session is a time for women to discuss pressing issues of the day including leading Fortune 500 companies. The conference will also examine the onslaught of mental health issues facing women today in a session led by Cora Jakes, associate pastor of The Potter's House, and Dr. Anita Phillips. Other new and notable speakers at Woman, Thou Art Loosed! The Grand Finale include Connie Orlando, Dr. Natasha Stewart Gresham, Trinitee Stokes and Kelly Cornish-Slaughter.
Woman, Thou Art Loosed! The Grand Finale wouldn't be complete without performances from inspirational artists. Newly added musical guests include:
- Fantasia Barrino Taylor
- Micah Stampley
- Tasha Cobbs Leonard
- Sandra Riley
- Marissa Farrow
- Candy West
- Nicole Binion
- Jacqueline McCullough
- Maranda Curtis
- Kierra Sheard
- Gaye Arbuckle
In honor of this year's final gathering and to pay homage to the conference's original location, Coca-Cola will partner with the conference in support of T.D. Jakes Ministries and the T.D. Jakes Foundation to celebrate the deep-seated community roots in Atlanta.
Other previously announced distinguished speakers include:
- T.D. Jakes, senior pastor of The Potter's House and founder of Woman, Thou Art Loosed! conferences
- Sarah Jakes Roberts, co-senior pastor of The Potter's House OneLA
- Carolyn D. Showell, Christian therapist and executive pastor of First Apostolic Faith Church in Baltimore, Maryland
- Priscilla Shirer, founder of Going Beyond Ministries
For more information on Woman, Thou Art Loosed! The Grand Finale and to register for virtual viewing, visit WTAL.org
Woman, Thou Art Loosed! began as a Sunday school curriculum in 1992 by Bishop Jakes and has since birthed a best-selling book, a widely-acclaimed stage play, a GRAMMY®-nominated album and a national conference that has drawn more than a half million women from around the world. In October 2004, Woman, Thou Art Loosed! was developed into a movie in collaboration with Reuben Cannon Productions and became a box office top-10 hit, winning a 2005 NAACP Image Award. More information can be found at WTAL.org
Located in Dallas, The Potter's House is a 30,000-member nondenominational, multicultural church and humanitarian organization led by Bishop T. D. Jakes, who was twice featured on the cover of Time magazine as "America's Best Preacher" and as one of the nation's "25 most influential evangelicals." The Potter's House has four locations, The Potter's House of Dallas, The Potter's House of Fort Worth, The Potter's House of North Dallas, and The Potter's House OneLA, and a Spanish language church, Casa de Fe. More information can be found at ThePottersHouse.org.
Media Contacts:
Jordan Hora, 214.608.2006
Christine Cape, 404.545.0085
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SOURCE Woman, Thou Art Loosed! | https://www.kxii.com/prnewswire/2022/09/15/woman-thou-art-loosed-global-conference-prepares-take-its-curtain-call/ | 2022-09-15T18:03:30Z |
Destruction after a boat fire on Lake Texoma
SHERMAN, Texas (KXII) - A boat was destroyed by a fire at Cedar Bayou Marina on Tuesday Aboard the boat was a woman, her son, and their dog, who all got out safely.
Officials say the family noticed a problem when they started to smell electrical burning.
They notified another dock tenant who noticed there was a fire in the wall of the boat.
After putting water on the fire, the tenant called the fire department.
Due to the size of the fire and certain safety protocol, the fire took 3 hours to extinguish.
Fire Chief for the Sherwood Shores Volunteer Fire Department, Tim Bilderback said, “Unfortunately, the boats, once they get involved with fire, it just takes a lot of water to put them out. You can’t really use any foam or something to put on the water because the marine life, it’s not safe for it.”
The age of the boat may be a start to an explanation to what caused the fire.
However, there has not been a final determination because the investigation is still ongoing.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/07/21/destruction-after-boat-fire-lake-texoma/ | 2022-07-21T04:25:02Z |
Kansas lawmakers return to tax cut debate; maps scrutinized
TOPEKA, Kan. (AP) — Kansas lawmakers on Monday ended a spring break with more room to cut taxes and boost state spending than they had even a few weeks ago but potentially facing another debate over political redistricting.
The Republican-controlled Legislature reconvened after a three-week hiatus to wrap up its business for the year, though state court cases involving the new political boundaries drawn by GOP lawmakers create some uncertainty over how long they’ll be in session. They have yet to finalize a more than $22 billion budget for the 12 months that begin July 1, and Republican leaders and Democratic Gov. Laura Kelly are at odds over how to cut taxes now that the state is flush with cash.
A state court judge in Wyandotte County on Monday struck down new congressional districts as partisan gerrymandering, with an appeal to the Kansas Supreme Court expected. The state Supreme Court also is required to review legislative district lines by early June.
A new fiscal forecast for state government issued last week was even more optimistic than a rosy one state officials and university economists issued in November, projecting an extra $760 million in tax collections over the next 15 months. But the forecasters also warned that the highest inflation in the U.S. since the early 1980s is fueling much of that.
Republican legislators are poised to cut income, sales and property taxes by a total of $1.5 billion over three years. The bulk of those cuts are in two measures that are ready for final votes in the House and Senate.
Kelly recently intensified her campaign to eliminate the state’s 6.5% sales tax on groceries, which is one of the nation’s highest. Last week, she revived a proposal that GOP lawmakers have ignored that would give a $250 rebate to each Kansas resident who filed a 2020 income tax return last year.
“Especially right now, when we are all experiencing the impact of rising costs at the pump and the grocery store, the state can make an immediate and direct impact to help Kansas families pay their bills and save for the future,” Kelly said in proposing the rebate again.
But Republicans view the rebate proposal as a gimmick designed to send checks to taxpayers just ahead of the fall election with Kelly facing a tough reelection race.
GOP lawmakers have proposed phasing out the sales tax on groceries over three years, starting Jan. 1. In recent days, they’ve responded to Democrats’ criticism that it’s not enough by noting that a provision was tucked into a tax bill that Kelly vetoed in 2019 and would have phased out the tax on groceries as of Jan. 1, according to data compiled by legislative researchers.
The bill Kelly vetoed in 2019 also contained income tax cuts that fellow Democrats opposed, and the governor said in her veto message that the state needed “thoughtful” tax policy, not “a rushed attempt to achieve an immediately political victory.”
While Republicans relitigate the 2019 veto, more recent ones from Kelly also are an issue for them.
Kelly vetoed GOP measures to ban transgender athletes from girls and women’s sports in K-12 schools and colleges; make it easier for parents to try to remove materials from public school classrooms and libraries; impose new restrictions for food assistance for non-disabled adults without children; and bar cities and counties from banning, restricting, or taxing plastic straws, bags and food containers. None of the measures passed with the two-thirds majorities that were needed in both chambers to override a veto.
The biggest budget issue remaining is funding for public K-12 schools, with more than $6 billion at stake. Some school districts and the State Board of Education want to boost spending on special education programs by $155 million.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/25/kansas-lawmakers-return-tax-cut-debate-maps-scrutinized/ | 2022-04-25T18:07:08Z |
HONG KONG, May 5, 2022 /PRNewswire/ -- China Resources Enterprise ("CRE") and Fung Investments announced the establishment of a 50/50 US$300 million joint venture investment platform ("the Joint Venture"), focusing on businesses with quality brands, products, services and technologies. The two parties will each be responsible for US$150 million of contribution to the JV.
The joint venture will make investments in offshore companies (non-PRC incorporated companies) which sell consumer and lifestyle related quality brands, products, services and/or innovative technology, which have potential for introduction to or expansion in China particularly in the Greater Bay Area and which are in alignment or synergistic with the forecasted consumption growth trends in the Greater Bay Area including in particular with respect to the lifestyle, fashion and healthcare sectors. Leveraging on the distribution network of China Resources Group in China and the Fung Group's global supply chain, the joint venture partners will help companies expand their businesses.
Mr. Chen Ying, Chairman of the Board and Chief Executive Officer of China Resources Enterprise Ltd and Assistant General Manager of China Resources Group, said by formally establishing the JV with Fung Investments, both China Resources and Fung Investments can give full play to their respective advantages in the future and bring consumer and lifestyle related quality brands products, services and/or innovative technology to the Greater Bay Area, to satisfy Chinese people's ever-growing needs for a better life.
Dr. Victor Fung, Chairman of Fung Investments, said: "The growth of Chinese consumerism is set to sustain growth and create abundant opportunities for consumer and lifestyle companies that are looking to do business in China. As more Chinese consumers are demanding for new, high‑quality brands, products, services and technologies, we are excited to join forces with CRE to invest in new consumption areas which offer great growth potential such as food, lifestyle, fashion and healthcare."
About China Resources Enterprise (CRE)
CRE was established in 1992 and is the first company within the China Resources Group to be publicly listed. In the past 30 years, CRE participated in mergers and acquisitions as well as integration in 15 industries including beer, properties, consumer products, retail, gas, cement. In the process, CRE incubated brands that enjoy national fame, such as Snow beer, C'est Bon, CR Ng Fung, China Resources Vanguard. The group is currently in warehousing & logistics, commercial properties, coffee, and business investments. In the 14th five-year-plan, CRE is positioned as an internationalized business platform in Hong Kong that incubates new industries within and outside of Mainland China. It will serve the national strategy from Hong Kong, grasping opportunities from consumption upgrade and technological innovation, helping the domestic and international dual circulations.
About Fung Investments
Fung Investments is a global investment company privately owned by the families of Dr. Victor Fung and Dr. William Fung. Fung Investments' strengths lie in its foresight and ability to connect partners from around the world to invest in sectors that have the potential to transform or lead future developments in Asia, with a focus on Hong Kong and Mainland China. The Fung Group also galvanizes Hong Kong businesses to play an intermediary role in the flow of goods and services to and from China. Its portfolio companies span various sectors including healthcare & wellness, food manufacturing, commercial aviation and real estate.
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SOURCE Fung Investments | https://www.kxii.com/prnewswire/2022/05/06/china-resources-enterprise-fung-investments-form-us300-million-investment-platform/ | 2022-05-06T01:29:54Z |
NEW YORK and LOS ANGELES, June 9, 2022 /PRNewswire/ -- Fox Corporation (Nasdaq: FOXA, FOX) today announced that Chief Financial Officer Steve Tomsic will participate in the Credit Suisse 24th Annual Communications Conference on June 14, at approximately 9:30am (Eastern), 6:30am (Pacific).
A live and archived webcast of the presentation will be available at investor.foxcorporation.com.
Fox Corporation produces and distributes compelling news, sports, and entertainment content through its primary iconic domestic brands, including FOX News Media, FOX Sports, FOX Entertainment and FOX Television Stations, and leading AVOD service Tubi. These brands hold cultural significance with consumers and commercial importance for distributors and advertisers. The breadth and depth of our footprint allows us to deliver content that engages and informs audiences, develop deeper consumer relationships, and create more compelling product offerings. FOX maintains an impressive track record of news, sports, and entertainment industry success that shapes our strategy to capitalize on existing strengths and invest in new initiatives. For more information about Fox Corporation, please visit www.FoxCorporation.com.
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SOURCE Fox Corporation | https://www.mysuncoast.com/prnewswire/2022/06/09/fox-corporation-chief-financial-officer-steve-tomsic-participate-upcoming-credit-suisse-24th-annual-communications-conference/ | 2022-06-09T17:11:25Z |
With the new funding Medsien will expand its sought-after suite of personalized Remote Care Management Services to more patients across the United States
SAN FRANCISCO, June 29, 2022 /PRNewswire/ -- Medsien connects patients, providers, and care partners in one comprehensive platform to provide better access to care outside doctors' offices. Today, more than 150 million people in the United States have a chronic condition comprising 90% of the nation's $3.3 trillion annual healthcare costs.
Medsien's $4.3M funding round is led by Merus Capital and Naples Technology Ventures, with participation from Candou Ventures. This investment round will enable Medsien to expand operations and its world-class team, scale programs to meet demand, extend its range of products and services, and bring support to more practices and health systems - all while bringing better healthcare (improved outcomes, patient and provider satisfaction) throughout the country. Medsien has previously raised $1M in funding.
A typical member of Medsien's care management programs is Dorothy, a 79-year-old grandmother who lives alone with type 2 diabetes, chronic kidney disease, hyperlipidemia, and takes over 12 medications. She has been part of the program since 2019 and has been able to lower her A1C and improve her health and medication adherence. She has always been thankful to her care partner for keeping her healthy.
Medsien's early success has already made it the most favored solution for many health care practices. It is the only remote care management service that all stakeholders love - positively impacting organizations, providers, and patients. Adaptable programs and technology allow Medsien to serve a wide variety and range of clients and its efficient and cost-effective operations, and proven clinical improvement for patients have primed it for rapid expansion and growth.
"We partnered with Medsien in November of 2020. Medsien has become a wonderful extension of our practice. They have helped us create more revenue without adding additional work to our staff. Their services have also improved our patient's compliance with their individual care goals. The service has helped us to have a better line of sight to our patient's health and wellbeing when they're not in the office, and the patients have reported back how much they enjoy and look forward to their call with Medsien staff." Dr. Krause, Family Physician
Medsien brings together a network of empathetic care partners all over the country who deliver passionate, personalized care to members every day. Medsien plans to hire hundreds of care partners in the coming years – providing a favorable, flexible alternative for the fastest-growing healthcare job sector in the United States.
Medsien care partners develop strong relationships with their patients. An essential part of the care partner-patient relationship is being a trustworthy advocate. As a health care professional, helping patients navigate the healthcare system and coordinating care with their health professionals requires that you be a "medical friend" to whom that patient can talk openly and honestly.
"Medsien's founders have built a set of technology-enabled services that are highly valued by patients, doctors and other industry stakeholders and that is ready for explosive growth in the coming years," said David Rangel, General Partner at Merus Capital. "We are proud to have partnered with Hamed and Sina."
"We're excited to partner up with Medsien and its experienced management team, in a very exciting market where Medsien's value-add surpasses all other providers and increases the patient-care by a high percentage. The technology platform and services provided by Medsien should pique the interest of any healthcare provider and institution", said Mike Abbaei, Co-Founder and Managing Partner at Naples Technology Ventures.
Medsien founders, Hamed Ahmadi and Sina Torabi, met in Seattle in 2018 and decided to join forces and found Medsien. Hamed, a Computer Science Ph.D., was a tenured engineering leader in the San Francisco Bay Area who has built and scaled products to millions of users. Sina is a serial entrepreneur with a passion for healthcare and more specifically senior care. They both realized that care delivery hasn't changed for centuries and they could make a significant impact using cutting-edge technology.
"Our patients' happiness and satisfaction drive us. Nothing could motivate us more than our patients' appreciation of our work. Like when our patient sends us a picture of his newly born grandson and thanks us for helping him with his health. Our vision is to provide better access to care to everyone in America and worldwide. We want to see a world where no chronic condition is an obstacle to a happy life." Medsien Co-Founder & CEO, Hamed Ahmadi
Medsien is the leading provider of Remote Care Management solutions and services across the United States. Medsien is a venture-backed health technology company based in the San Francisco Bay Area. https://www.medsien.com/
Merus Capital is an early-stage venture capital firm founded by former M&A leaders at Google and Microsoft. Merus empowers ambitious teams in building tomorrow's industry-defining platforms. The firm partners with founders that possess unique industry and customer insights, an unwavering commitment to product innovation, and a relentless focus on execution.
Naples Technology Ventures is a Venture Capital Firm that invests in early-stage technology and services companies. NTV looks for companies that show strong value-add and demonstrate being in emergent and/or expanding markets with both Software-As-A-Service (SaaS) and/or a Services-based model. NTV focuses on investments in Series Seed and Series A+ rounds.
Candou Ventures is an early seed round firm focused on supporting entrepreneurs with unique and defensible ideas. They are uniquely positioned to help shape your plans into investible businesses, fund your seed round, and then help you raise money from tier 1 VCs.
press@medsien.com | (855)-MEDSIEN (633-7436)
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SOURCE Medsien, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/29/leading-remote-care-management-platform-medsien-raises-43-million-seed-round-help-150-million-americans-get-better-care/ | 2022-06-30T00:43:15Z |
Gross product sales increased 75% and
Prescriptions dispensed increased 45%, over prior quarter
CRANBURY, N.J., July 26, 2022 /PRNewswire/ -- Palatin Technologies, Inc. (NYSE American: PTN), a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems, today announced preliminary fourth quarter 2022 Vyleesi® product sales. Vyleesi is the first and only as-needed treatment approved by the U.S. Food and Drug Administration (FDA) for premenopausal women with acquired, generalized hypoactive sexual desire disorder (HSDD).
"We are pleased with Vyleesi's momentum and our preliminary product sales results for the quarter ended June 30, 2022," stated Carl Spana, Ph.D., President and CEO of Palatin. "Our operating results, which includes significant increases across all sales and distribution value metrics, compared to both the prior quarter and the comparable quarter in 2021, continue to demonstrate Vyleesi's potential within the female sexual healthcare market."
- Preliminary fourth quarter ended June 30, 2022 Vyleesi results:
- increased 600% over the comparable quarter in 2021.
- increased 90% over the comparable quarter in 2021.
- increased 50% over the comparable quarter in 2021.
The Vyleesi related financial and operating data for the fourth quarter of fiscal 2022 is preliminary and may change. This preliminary data has been prepared by, and is the responsibility of, Palatin's management and no independent accounting firm has audited, reviewed, compiled, or performed any procedures with respect to this preliminary financial data. There can be no assurance that Palatin's actual results for this quarterly period will not differ from the preliminary financial and operating data and such changes could be material. In addition, Palatin's estimate of Vyleesi product sales for the fourth quarter of 2022 should not be viewed as a substitute for full financial statements for the fourth quarter and full year of fiscal 2022 prepared in accordance with U.S. generally accepted accounting standards. Additional information that will be material to investors will be provided in the financial statements for the three and twelve months ended June 30, 2022, and, accordingly, investors should not place undue reliance on the limited preliminary information being provided herein.
Vyleesi is the first and only as-needed treatment approved by the FDA for premenopausal women with acquired, generalized HSDD.
Palatin is actively seeking Vyleesi collaborations for North America and for territories outside the currently licensed territories of China and Korea. Vyleesi is licensed to Fosun Pharma in China and Kwangdong Pharmaceuticals in South Korea.
Patients and healthcare providers can learn more about HSDD and Vyleesi at www.vyleesi.com and www.vyleesipro.com.
Palatin is a biopharmaceutical company developing first-in-class medicines based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems, with targeted, receptor-specific product candidates for the treatment of diseases with significant unmet medical need and commercial potential. Palatin's strategy is to develop products and then form marketing collaborations with industry leaders to maximize their commercial potential. For additional information regarding Palatin, please visit Palatin's website at www.Palatin.com and follow Palatin on Twitter at @PalatinTech.
Forward-looking Statements
Statements in this press release that are not historical facts, including statements about future expectations of Palatin Technologies, Inc., such as statements about market potential of Vyleesi and other Palatin products in development, clinical trial results, potential actions by regulatory agencies including the FDA, regulatory plans, development programs, proposed indications for product candidates, market potential for product candidates, and potential adverse impacts due to the global COVID-19 pandemic such as delays in regulatory review, manufacturing and supply chain interruptions, adverse effects on healthcare systems and disruption of the global economy, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and as that term is defined in the Private Securities Litigation Reform Act of 1995. Palatin intends that such forward-looking statements be subject to the safe harbors created thereby. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause Palatin's actual results to be materially different from its historical results or from any results expressed or implied by such forward-looking statements. Palatin's actual results may differ materially from those discussed in the forward-looking statements for reasons including, but not limited to, Palatin's ability to establish and maintain the capability for manufacturing, marketing and distribution of Vyleesi, sales of Vyleesi in the United States and elsewhere in the world, results of clinical trials, regulatory actions by the FDA and other regulatory and the need for regulatory approvals, Palatin's ability to fund development of its technology and establish and successfully complete clinical trials, the length of time and cost required to complete clinical trials and submit applications for regulatory approvals, products developed by competing pharmaceutical, biopharmaceutical and biotechnology companies, commercial acceptance of Palatin's products, and other factors discussed in Palatin's periodic filings with the Securities and Exchange Commission. Palatin is not responsible for updating for events that occur after the date of this press release.
Palatin Technologies® and Vyleesi® are registered trademarks of Palatin Technologies, Inc.
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SOURCE Palatin Technologies, Inc. | https://www.wibw.com/prnewswire/2022/07/26/palatin-announces-preliminary-fourth-quarter-vyleesi-net-product-revenue-increased-225-over-prior-quarter/ | 2022-07-26T12:20:05Z |
LOS ANGELES, July 7, 2022 /PRNewswire/ -- Today, the winners of the third Green Game Jam Awards were unveiled with studios including Supercell's Hay Day, Ubisoft's Rider's Republic, Tilting Point's Terragenesis and Tencent Games' Carbon Island emerging victorious from an incredibly competitive field of 42 entries.
The Green Game Jam is a vehicle for studios to empower their players to change their world through the games they know and love. This year's awards were focused on the themes of forests and food with the aim of influencing one million players' food choices and planting and protecting one million trees. UN judges said they were "incredibly impressed" by the creativity and innovation of the activations that will be taken into live games. All submissions can be seen on the website here with winners of the awards including:
- UNEP Choice: This was won by Hay Day's green activation "Farmers for Farmers" which educated players about regenerative agriculture via an in-game event and digital Hay Day Cookbook. Players had to reach the community goal in a Global Truck Event to unlock a donation to non-profit Rodale Institute, which will help train real-life farmers in regenerative farming practice.
- Media's Choice: This award was won by Ubisoft Annecy's Rider's Republic, with their activation "Phoenix". Early next year the game will promote strategies to reduce wildfires' frequency and size and aim to impact players emotionally about their consequences. This award was selected by a panel of gaming media experts.
- First to Implement: Carbon Island, developed by Tencent Games, won the first to implement award with their activation "Explore the blue, protect the Earth" the first of 42 entries to go live in the game. Their event allowed players to learn more about ocean carbon sinks.
- Best in Forests: The forest experts chose Serious Brother's Imagine Earth as the winner for this award. With their Steam achievement players can plant real-world trees with their in-game actions. On top of that there was a Steam sale where each game sold 10% of the income goes into planting trees with the sale now extended until July 14th.
- Best in Food: Supercell's Hay Day won a second award this year with their "Farmers for Farmers" activation.
- Player's Choice: The award voted for by the player community went to Wooga's June's Journey for the second year in a row. With their activation "Buy a tree, plant a tree - on your island and on your planet" they have planted 200,000 trees in collaboration with Ecosia.
- Participant Choice: Voted for by the studios, Tilting Point's Terragenesis included both food and forests in their activation, giving players a permanent "Tree-derboard" (leaderboard) and in-game Carbon Impact Points.
- Most Adoptable: The idea which participants feel is most adoptable to be implemented into other games was Brawlhalla's activation "The Brawlhalla World Tree Initiative" by Ubisoft's Blue Mammoth Games. Their in-game charity item's proceeds goes into planting trees and through a charity stream they will raise awareness and drive further donations.
The 3rd annual Green Game Jam - organised by the UN-facilitated Playing for the Planet Alliance - has attracted 42 entries from studios, up from 27 in 2021 and 11 in the inaugural 2020 competition.
David Jensen, Coordinator for Digital Transformation at UN Environment, and one of the UN judges said: "The submissions were all incredibly impressive and it was hard to choose one winner. With food being such a critical issue, we loved the creativity and innovation of Hay Day but also wanted to specially commend Rider's Republic for their creative work on wildfires. For all submissions, we loved to see how gamification can increase awareness and change behavior."
With more than 3 billion gamers playing worldwide, developers have a unique route to raising awareness of the devastating effects of climate change, and the real world battle to save the planet. In March this year, the studios convened for a series of educational workshops to learn more about the importance of food and forests with experts from the UN and experts such as Peter Wohlleben, Louise Mabulo, Matt Homewood, and the Rodale Institute giving talks.
Participants then went to work and submitted their "green activations*" on April 22nd, Earth Day, with the entries judged across eight categories. On June 5th, World Environment Day, the first batch of green activations went live in participating games with Ecosia showing all the trees planted with them here.
Sheila Ndungu, Head of Hay Day Marketing, said: "We're thrilled - or as we would say in Hay Day - EGG-cited to win UNEP's Choice and Best in Food! At Supercell, we love finding new ways we can give back to the planet together with our players, and tying the love of food and farming in Hay Day with real-life farming felt like the perfect way to do some good, and celebrate Hay Day's 10th birthday at the same time."
The collective work of the studios is set to reach hundreds of millions of players as activations started to roll out on World Environment Day with more to come in the remaining part of the year. In addition, participating studios will also have their work featured on online game platforms, as well as showcased at industry events and future Playing for the Planet Alliance summits.
"We're honored to receive the Media's Choice Award this year," said Boris Maniora, Gameplay Director of Riders Republic. "Our team at Ubisoft Annecy is passionate about nature, and participating in the Green Game Jam gives us an opportunity to share that passion with our players and inspire them to take action for our planet. It is exciting to be recognized for that work."
The Green Game Jam is an annual initiative by the Playing for the Planet Alliance, a group of 40 video games companies -- many taking part in this year's Jam -- which have made specific, time-bound and increasingly ambitious climate action commitments, which are reviewed on an annual basis. Other initiatives by its membership include working on new decarbonisation tools, which will be rolled out industry-wide and give companies the resources to analyse the carbon impact of their operations.
*Green Activations are new features and messaging implemented by participating companies, which highlight environmental themes such as conservation and restoration. This can include in and out-of-game features such as new modes, maps, themed events, storylines and messaging.
Award Winner Overview
1. Player's Choice (voted for by the player community) Game: June's Journey
Studio: Wooga
Activation: Buy a tree, plant a tree - on your island and on your planet
2. Participants' Choice (participating teams judging each other's activations) Game: Terragenesis
Studio: Tilting Point
Activation: All Hands on Deck
3. Most Adoptable ( judged by participating teams on its ability to be adopted into other games)
Game: Brawlhalla
Studio: Ubisoft Blue Mammoth Games
Activation: The Brawlhalla World Tree Initiative
4. First to Implement (first participant to go live with their Green Game Jam entry) Game: Carbon Island
Studio: Tencent Games
Activation: Explore the blue, protect the Earth
5. UNEP Choice (judged by a panel from UN Environment Programme) Game: Hay Day
Studio: Supercell
Activation: Farmers for Farmers
(Special Commendation given to Ubisoft Annency's Riders Republic)
6. Media's Choice (judged by a panel of gaming journalists) Game: Riders Republic
Studio: Ubisoft Annecy
Activation: Phoenix
7. Best in Forests (judged by forests experts) Game: Imagine Earth
Studio: Serious Brothers
Activation: Steam Achievement and Sale
8. Best in Food (judged by food experts) Game: Hay Day
Studio: Supercell
Activation: Farmers for Farmers
Other entries included: Bandai Namco - Pac Man, Creative Assembly - Total War: Warhammer 3, Future Games of London - Hungry Shark World, Gameloft - Asphalt 9, Gamigo- Trove, Goodgame Studios - Big Farm: Mobile Harvest, Huuuge - Traffic Puzzle, Kolibri Games - Idle Miner Tycoon, MAG Interactive - Wordzee/WordBrain/Wordbrain2/Quizdueel/Ruzzle, Media Molecule - Dreams, Niantic Labs - Pokemon Go, Ohbibi - Frag Pro Arena, Old Skull Games - Tiny Worlds: Idle Dragon, Pixel Federation - Diggy's Adventure/Post City/TrainStation2, Rovio - Angry Birds Friends, Small Giant Games - Empires & Puzzles, Sony Interactive Entertainment - Horizons: Forbidden West, Space Ape Games - Beatstar, Sybo Games - Subway Surfers, Ten Square Games - Fishing Clash/Hunting Clash, TiMi Studio Group - QQ Speed, Ubisoft Barcelona, Hungry Shark Evolution, Ubisoft Blue Byte - The Settlers, Ubisoft Da Nang - Nano, Ubisoft Ketchapp - Clean Life, Ubisoft Montreal - Assassin's Creed Valhalla/Rainbow 6 Siege, Ubisoft Nadeo - Trackmania, Ubisoft Owlient - Howrse, Ubisoft San Francisco - Rocksmith+, Ubisoft Singapore - Skull & Bones, Ustwo Games - Monument Valley II.
NOTES TO EDITORS
About the Playing for the Planet Alliance:
The Playing for the Planet Alliance was launched in 2019 during the Climate Summit at UN Headquarters in New York. In joining the Alliance, members have made commitments ranging from integrating green activations in games, reducing their emissions and supporting the global environmental agenda through initiatives ranging from planting millions of trees to reducing plastic in their products. More here: https://playing4theplanet.org/
About the UN Environment Programme (UNEP):
UNEP is the leading global voice on the environment. It provides leadership and encourages partnership in caring for the environment by inspiring, informing and enabling nations and peoples to improve their quality of life without compromising that of future generations.
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SOURCE UNEP | https://www.wibw.com/prnewswire/2022/07/07/supercell-ubisoft-tilting-point-tencent-games-take-2022-green-game-jam-awards/ | 2022-07-07T09:27:02Z |
Company Scores High Marks in Employee Achievement & Recognition, and Diversity, Equity, and Inclusion
ATLANTA, July 14, 2022 /PRNewswire/ -- SOLTECH, an Atlanta-based leader in custom software development, IT staffing, and technology consulting, today announced it has been recognized for the second consecutive year as one of Atlanta's Best and Brightest Companies to Work For® by the National Association for Business Resources (NABR). The award identifies and honors organizations that display a commitment to excellence in their human resource practices and employee enrichment, based on an assessment of categories, including communication and shared vision; compensation and benefits; employee education and development; diversity and inclusion, and work-life balance.
According to the NABR, this award honors the most innovative and thoughtful companies in respect to their human resources approach, recognizing the most influential, trend-setting companies across the country and regionally in focused programs.
"We are honored to be recognized as one of the Best & Brightest companies in Atlanta for a second consecutive year," said Tim Smith, Co-CEO of SOLTECH. " This award illustrates our commitment to our employees, our team culture, and our commitment to creating a positive workplace and healthy work-life balance."
"These 2022 winning organizations have stood out during unpredictable times and have proven they are an employer of choice. They continue to keep the needs of their employees first and provide perks that include, development, wellbeing, work-life balance, rewards and recognition.", said Jennifer Kluge, President and CEO of NABR and The Best and Brightest Program.
To learn more about our custom software development and IT staffing solutions, please email us for a free consultation at info@soltech.net.
To join SOLTECH's team, visit our career opportunities page.
Founded in 1998, SOLTECH is an award-winning custom software development, IT staffing, and consulting firm known for providing strategic technology solutions to local, regional, and national companies. They focus on elevating, inspiring, and solving a full range of business problems for a diverse set of clients that require web, mobile, platform, machine learning, and data-centric software solutions, as well as staffing solutions for contract and permanent IT positions. SOLTECH's overarching purpose is to make the world a better place by bringing to life innovative software solutions that make our lives easier, safer, healthier, and more productive. For more information, visit soltech.net.
The Best and Brightest Companies to Work For® is a national program that provides the business community with the opportunity to gain recognition, showcase their best practices and demonstrate why they are an ideal place for employees to work. This national program celebrates those companies that are making better business, creating richer lives and building a stronger community as a whole. It is presented annually in several markets, including Atlanta, Boston, Charlotte, Chicago, Dallas, Denver, Detroit, Houston, Miami, Milwaukee, Nashville, New York, Portland, San Diego, San Francisco Bay Area, Seattle, and nationally.
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SOURCE SOLTECH | https://www.mysuncoast.com/prnewswire/2022/07/14/soltech-named-best-amp-brightest-company-work-second-consecutive-year/ | 2022-07-14T13:48:42Z |
After a gunman killed 19 children and two teachers at an elementary school in Uvalde, Texas, on May 24, several pastors around the country challenged their conservative counterparts with this question: Are you pro-life if you are pro-gun?
One of those faith leaders is the Rev. Steven Marsh, senior pastor of Geneva Presbyterian Church in Laguna Woods, California. That’s where a gunman, who officials say was fueled by hate against Taiwan, opened fire on May 15 at a luncheon organized by members of the Irvine Taiwanese Presbyterian Church, killing one and injuring five others.
“I’ve heard people tell me I’m not Christian because I’m pro-choice,” Marsh said. “I ask those people: How can you be pro-life and not support getting rid of assault rifles? You can’t pick and choose where you want to be pro-life.”
Marsh’s emotional statement is a vignette in the larger narrative of a nation divided on how – or if – guns should be regulated. The faith community is not monolithic on this issue.
People of faith who are tired of years of failed gun control efforts and grieving the latest mass shooting victims are pointing out what they say is hypocrisy – conservative Christians pushing to abolish abortion and grant unfettered access to guns. Those who disagree contend the real problem is sin and soft targets. It’s not guns, but the “evil” in people and abortions that kill, they say.
These entrenched, partisan divisions in the U.S. on abortion and gun rights are stark after high-profile massacres in New York, California, Texas and elsewhere as the country awaits a U.S. Supreme Court ruling that could overturn the constitutional right to abortion.
According to 2017 Pew Research Center data analyzed for Christianity Today, 41% of white evangelicals own a gun compared to 30% of Americans overall – the highest share of any religious group. The survey also shows 74% of all gun owners in the U.S. agree that their right to gun ownership is essential to their sense of freedom. Most states also allow firearms in places of worship.
Christian author and activist Shane Claiborne disputes the notion that the U.S. has a sin problem, but not a gun problem; he says it has both. Claiborne recently went to Uvalde to support victims, and to Houston to pray and protest at the National Rifle Association’s convention held days after the massacre.
He passed out tracts asserting “We can’t be pro-life and ignore gun violence” and asking “Will we choose the gun or the cross?” Claiborne said he was among those asked to leave the NRA’s Sunday prayer breakfast after disrupting the program to call for prayer for the Uvalde victims.
Claiborne wants to see laws change, including policies that would raise the age of gun ownership, limit magazine capacity, ban assault-style weapons and mandate training. He said laws can’t make people love each other, but they can make it more difficult to take a life.
“We want to make it harder for folks to kill other people, and we’re making it really easy right now,” Claiborne said.
Conservative pastors have said mass shootings and other social harms are the result of an overall degradation in moral values and disregard for human life.
Pastor Tim Lee, an evangelist and a former U.S. Marine who lost both legs during the Vietnam War, was one of the featured speakers at the NRA prayer breakfast that Claiborne and others were asked to leave.
After the Uvalde shooting, Lee posted on his Facebook page: “This is so heartbreaking. I have said it so many times – When kids hear adults say that it’s OK to kill babies (abortion) then all respect for human lives is gone.”
The gun debate is deeply personal for the Rev. Chineta Goodjoin. Her best friend, Sharonda Coleman-Singleton, was one of nine people shot and killed by Dylann Roof in June 2015 as they sat in prayer at the Emanuel African Methodist Episcopal Church in Charleston, South Carolina.
Goodjoin, who leads New Hope Presbyterian Church in Anaheim, California, said people of faith must rise up in “righteous anger” to demand common-sense gun regulation. When massacres occur in community spaces like churches, schools and supermarkets, it tests an entire community’s resiliency, she said.
“How can you teach in schools when people are traumatized by gun violence?” she said. “When a church is no longer a safe space, do I work to enhance security or enhance people’s faith? The impact is like an epidemic that touches every fiber of our being.”
But others, like the Rev. Russ Tenhoff, say it is simply not possible to “legislate safety.”
“There are plenty of laws, but people who are lawless don’t obey them,” said Tenhoff, lead pastor of Mountainside Community Fellowship in Kingwood, West Virginia. “Murders are going to happen even without firearms. We’re never going to be able to prevent gun violence.”
As a firearms safety officer who trains adults and children, Tenhoff says the solution is to “harden the schools,” which have become soft targets.
“We need to put one-way locks on schools, have metal detectors and an armed officer in every school,” he said.
For a Catholic pastor in Newtown, Connecticut, who a decade ago experienced the grief that now envelops Uvalde, the lack of political will to enact gun legislation is unfathomable.
Monsignor Robert Weiss, who leads the St. Rose of Lima parish, presided over the funeral of eight victims who were murdered in Sandy Hook Elementary School on Dec. 14, 2012. He held an evening Mass in his church the day after the Texas shooting.
“I guess I was a fool to think Sandy Hook was going to change the world,” he said in a video recording of the service.
Weiss also questioned the consequences of individualism in America.
“Is that what our forefathers intended for us?” he asked. “To live in a country where unborn babies are aborted, where children are murdered in school where they should be safe, where you can’t even go to a grocery store or to a church or to a library and feel like you’ll be OK?”
Pastor Mike McBride, who leads The Way Christian Center in Berkeley, California, said those on different sides of the gun issue must find common concerns to unite around and work on solutions together.
McBride says many who are pro-gun are also worried about accidental gun deaths, intimate partner violence and suicides.
“Those shared concerns can be addressed with targeted strategies that don’t keep us bogged down in the Second Amendment fight,” he said.
McBride suggests having listening campaigns across church groups and neighborhoods — a “peace infrastructure” to combat violence.
Marsh, the Laguna Woods pastor, says the shooting in his church and other recent massacres have inspired him to have “more serious conversations about this issue” in his community. He would like to see diverse faith communities organize marches in local seats of government to push legislators to act.
“Enough is enough,” he said. “We need to stop using Christianity as a veneer to deny reality.”
___
Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content. | https://cw33.com/news/u-s-news/ap-us-headlines/shootings-expose-divisions-on-gun-issue-in-faith-communities/ | 2022-06-04T19:50:16Z |
Process Improvements Standardize Longstanding AAA Practices, and Revise Rules to Generate Further Efficiencies and Reflect Advances in Technology
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- The American Arbitration Association-International Centre for Dispute Resolution® (AAA-ICDR®) announces that significant amendments have been made to the AAA Commercial Arbitration Rules and Mediation Procedures.
The updates to the arbitration rules, effective September 1, 2022, focus on process improvements in key areas, including technology, speed, economy, security, and privacy. The amended rules are the result of a two-year initiative by an internal AAA working group, with contributions from the AAA's case management and administrative groups, party surveys, and arbitrators, as well as the AAA-ICDR Council's Law and Practice and LLC Committees.
"The goals of our commercial arbitration rules—to ensure parties achieve a resolution to their disputes through an orderly, economical, and expeditious process—are the same as when these rules were first drafted 72 years ago," said Robert Matlin, Esq., Senior Vice President of the AAA's Commercial and Construction Divisions. "Our amended rules address the technology advancements which can make the arbitration process more streamlined and cost-effective—and standardize them, to continue to ensure the integrity, security, and confidentiality of our procedures."
The 2022 amendments to the AAA Commercial Arbitration Rules and Mediation Procedures ("the Rules") involve:
- Consolidation—The AAA has instituted its first-ever commercial rule to consolidate existing arbitrations or the joinder of additional parties.
- Confidentiality—The reinforcement of the longstanding requirements in the AAA Code of Ethics for Arbitrators, by including a commitment by AAA Staff and arbitrators to the confidentiality of arbitration in the Commercial Arbitration Rules.
- Conduct of Parties & Their Representatives—The AAA's expectations of civility and professionalism of all participants in arbitrations have been specifically incorporated into the Rules.
- Providing Arbitrators with the Authority to Interpret Awards—The AAA has drawn on the recently adopted ICDR article allowing the arbitrator to explain the award on a party's motion.
- Importance of Cybersecurity, Privacy & Data Protection—Reflecting the importance the AAA places on the safety and security of user and case information, the Rules recommend that the parties and the arbitrator discuss data protection during the preliminary hearing.
To read a more detailed explanation of the 2022 amendments to the AAA Commercial Arbitration Rules and Mediation Procedures, click here.
The not-for-profit American Arbitration Association® (AAA) is the leading provider of alternative dispute resolution (ADR) services for parties in commercial disputes, having administered more than seven million ADR cases since its founding in 1926. With 29 offices in the United States, in addition to Singapore, the AAA provides organizations of all sizes in virtually every industry with ADR services and products. For more information, visit www.adr.org.
The International Centre for Dispute Resolution® (ICDR®) is the international division of the American Arbitration Association (AAA) and the largest international provider of dispute resolution services. Established in 1996, the ICDR serves parties from over 100 countries with multilingual staff experienced in international dispute resolution proceedings, and a roster of over 725 arbitrators and mediators. For more information, visit www.icdr.org.
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SOURCE American Arbitration Association-International Centre for Dispute Resolution | https://www.wibw.com/prnewswire/2022/09/12/aaa-updates-commercial-arbitration-rules-amp-mediation-procedures-uphold-aaa-standards/ | 2022-09-12T14:11:11Z |
The 2019 Georgia Power Integrated Resource Plan (IRP) saw an increase of approximately 30% in renewable energy over a three-year period. Advocates, Conservatives for Clean Energy Georgia included, and renewable energy companies successfully argued that more renewable energy is good for Georgia, and the Public Service Commission saw fit to add more than was offered in the initial draft.
The 2022 IRP process offers another opportunity for Georgia to advance its energy interests and economy through more renewable energy.
All renewable energy in Georgia is delivered at below avoided cost. That means solar, biomass and wind are putting downward pressure on rates and saving consumers money while providing clean, renewable energy. The Georgia PSC has done an excellent job of balancing the economics of renewable energy, and it has been a tremendous success. For instance, Georgia has more solar than any other state without federal mandates. By 2024, we will rank fourth in solar production.
Over the next three months, the PSC will hear testimony on the 2022 IRP. CCEGA will be among those who encourage our leaders to put more renewable energy into the IRP than ever before. Georgia has become a hotbed for renewable energy companies, and increasing solar and biomass significantly can help hundreds if not thousands of Georgia businesses. There are solar farms in more than 70 counties in Georgia, and each community has benefitted from the commercial tax revenue and clean energy.
Rooftop solar also has significant room for growth. Currently, there is a cap of 5,000 potential customers. The program reached capacity quickly. Georgians clearly want more rooftop solar as private consumers. In the Southeast alone, there are hundreds of thousands of rooftop solar customers with no more issues than any other form of development.
The 2022 IRP process is vital to the future of Georgia. With coal being faded out of all major utility energy plans, renewable energy is the only answer to economically and logistically fill the void immediately. CCEGA strongly encourages the PSC to support Georgia businesses and ratepayers by significantly increasing distributed generation and utility solar, increasing biomass production for Georgia companies, and allowing Georgia’s consumers to make the move to rooftop solar if they so choose.
Conservatives for Clean Energy Georgia’s mission is to improve the lives of Georgians through more cost-effective and cleaner energy, to promote free markets, more competition, and a diverse portfolio of renewable energy sources to enhance our quality of life and to provide for our security. | https://www.albanyherald.com/opinion/theresa-garcia-robertson-state-needs-to-increase-renewable-energy/article_5675c9a4-d6e2-11ec-b273-e365d19934a4.html | 2022-05-18T22:57:01Z |
Electrically driven, alternative-fuels-capable pump supports vehicle electrification
DETROIT, Sept. 12, 2022 /PRNewswire/ -- Stanadyne, a leading global fuel and air management systems supplier, has developed an electrically driven gasoline direct injection (GDI) fuel pump as part of its approach to fuel delivery system technology based on electrification. Called the "E-Pump Module," it is powered by 24- and 48-volt vehicle architectures and is decoupled from the internal combustion engine drivetrain. This enables the fuel flow and pressure to be electrically controlled to optimize and reduce fuel consumption, as the pump speed is now independent of engine revolutions per minute.
"Moving to an electrically powered GDI pump breaks from the standard design of connecting it to the engine for operation," said Stanadyne Chief Technology Officer Dr. Brad Stroia. "This is an important innovation for hybrid vehicles. Pump operation can be reduced, or even suspended entirely, when the engine has low fuel delivery demand to improve overall vehicle efficiency."
The E-Pump's compact, modular, and scalable design uses a Stanadyne proprietary controller and software. It is scalable for 250- to 500-bar fuel systems and suitable for a wide range of engine applications. The pump is compatible with E10 to E85 and M15 fuels with a top-end fueling capacity of 1000 cc per revolution (up to 100 liters per hour).
When tested on a demonstration vehicle and compared to base 200-250 bar GDI system technology on a 2.0 liter turbo engine:
- Emissions were reduced by an approximately 10 percent.
- Mechanical noise emission was reduced by approximately 9 dB(A).
- Start time was improved by approximately 0.7 seconds.
- A system pressures of up to 400 bar were achieved.
"Stanadyne's new E-Pump enables vehicle electrification by offering lower power absorption, a quieter noise signature, and features such as start-stop and on-demand fueling, providing higher system efficiency by decoupling vehicle accessories from the engine," said Stroia. "Its lower fuel consumption provides environmentally friendly emissions benefits that help reduce pollution."
Stanadyne's Electrified Gas Direct Injection Fuel Pump is the first in a line of electrified products being developed by Stanadyne to enable clean propulsion for electrified applications. It is making its industry debut at the North American International Auto Show (aka Detroit Auto Show) and will be on display at the company's Automobili-D vehicle pod during Industry Days being held September 14-15, 2022.
Stanadyne designs, manufactures, and remanufactures fuel delivery systems and components for gasoline and diesel engines, as well as low-carbon alternative fuels. Founded in 1873, the company specializes in pioneering technology for engines that move our world and remanufactured components that help keep them operating efficiently. The company provides customers with customized design, engineering, and manufacturing solutions from its United States, China, Italy, India, and United Arab Emirates locations in partnership with its global aftermarket service dealers and distributor network. For more information, visit stanadyne.com.
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SOURCE Stanadyne LLC | https://www.kxii.com/prnewswire/2022/09/12/stanadyne-electrified-gdi-fuel-pump-module-makes-industry-debut/ | 2022-09-12T18:23:46Z |
Lenexa man in hospital after semi-truck side-swipes Lexus on I-35
JOHNSON CO., Kan. (WIBW) - A Lenexa man is in the hospital with serious injuries after a Colorado man side-swiped his Lexus with a semi-truck.
The Kansas Highway Patrol Crash Log indicates that officials were called to the area of mile marker 229.9 along northbound I-35 in Johnson Co., less than a mile from the Antioch exit, around 1:25 p.m. on Monday, Aug. 1, with reports of a collision.
When officials arrived, they found that Joseph Russell Jackson, 34, of Colorado Springs, Colo., was driving a 2020 Peterbilt semi-truck registered in Minnesota in the left-hand lane of I-35 when traffic slowed in front of his vehicle. They said Jackson then merged the semi into the right lane and swiped a 2019 Lexus driven by Sharon Kaye McIntosh, 43, of Lenexa.
While the log indicates that Jackson escaped the accident without injury, it also notes that McIntosh was rushed to Saint Luke’s Hospital with suspected serious injuries.
The log also notes that it is unknown if McIntosh was wearing a seatbelt.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/02/lenexa-man-hospital-after-semi-truck-side-swipes-lexus-i-35/ | 2022-08-02T14:33:19Z |
NEW YORK, June 2, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Pegasystems Inc. ("PEGA" or the "Company") (NASDAQ: PEGA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of PEGA investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons and entities that purchased PEGA common stock between May 29, 2020 and May 9, 2022, inclusive. Follow the link below to get more information and be contacted by a member of our team:
PEGA investors may also contact Joseph E. Levi, Esq. via email
at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) PEGA had engaged in corporate espionage and misappropriation of trade secrets to better compete against Appian, a principal competitor; (2) defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of such corporate espionage and trade secret theft; (3) defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through, the personal involvement of the Company's CEO; (4) the Company's CEO and other officers and employees did not comply with the Company's written Code of Conduct, including its express prohibition on "stealing" confidential information from a competitor and "misrepresenting your identity in hopes of obtaining confidential information"; (5) the Company was "unable to reasonably estimate damages" in the lawsuit filed by Appian as a result of the foregoing misconduct (the "Appian Litigation"); and (6) as a result of the foregoing, defendants' statements about PEGA's business, operations, prospects, legal compliance, and potential damages exposure in the Appian Litigation were materially false and/or misleading and/or lacked a reasonable basis when made.
WHAT'S NEXT? If you suffered a loss in PEGA during the relevant time frame, you have until July 18, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.wibw.com/prnewswire/2022/06/02/pega-lawsuit-alert-levi-amp-korsinsky-notifies-pegasystems-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-02T17:59:05Z |
ORRVILLE, Ohio, May 17, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) will report its fourth quarter fiscal 2022 financial results on Tuesday, June 7, 2022. A press release, including financial statements and segment information, supplemental materials, pre-recorded management remarks, and a transcript of the pre-recorded remarks will be available beginning at 7:00 a.m. Eastern Time. The Company will webcast a live question and answer session with Mark Smucker, President and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer, at 9:00 a.m. Eastern Time on that date.
The live webcast, replay, and other materials can be accessed at the Company's website: investors.jmsmucker.com.
About The J.M. Smucker Co.
Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it. At The J.M. Smucker Co., it is our privilege to be at the heart of this dynamic with a diverse portfolio that appeals to each generation of people and pets and is found in nearly 90 percent of U.S. homes and countless restaurants. This includes a mix of iconic brands consumers have always loved such as Folgers®, Jif® and Milk-Bone® and new favorites like Café Bustelo®, Smucker's® Uncrustables® and Rachael Ray® Nutrish®. By continuing to immerse ourselves in consumer preferences and acting responsibly, we will continue growing our business and the positive impact we have on society. For more information, please visit jmsmucker.com.
The J.M. Smucker Co. is the owner of all trademarks referenced herein except for Rachael Ray®, a registered trademark of Ray Marks II LLC, which is used under license.
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SOURCE The J.M. Smucker Co. | https://www.wibw.com/prnewswire/2022/05/17/jm-smucker-co-report-fourth-quarter-earnings/ | 2022-05-17T21:18:22Z |
MIAMI, Aug. 8, 2022 /PRNewswire/ -- Brand Institute is proud to announce its work with Coherus BioSciences in developing the brand name CIMERLI™ (ranibizumab-eqrn), under which the interchangeable biosimilar approved by the Food and Drug Administration (FDA) on August 2, 2022, will be marketed.
CIMERLI™ was developed by Coherus BioSciences, a commercial stage biopharmaceutical company with over a decade of experience delivering high-quality biosimilar therapeutics that will expand patient access to life-changing biologic medicines. Ranibizumab-eqrn, a vascular endothelial growth factor inhibitor, is indicated for the treatment of patients with Neovascular (Wet) Age-Related Macular Degeneration, Macular Edema Following Retinal Vein Occlusion, Diabetic Macular Edema, Diabetic Retinopathy and Myopic Choroidal Neovascularization.
"The entire Brand Institute and Drug Safety Institute Team congratulates Coherus BioSciences on the FDA approval of CIMERLI," said Brand Institute's Chairman and C.E.O., James L. Dettore.
Brand Institute is the global leader in pharmaceutical and healthcare-related name development, with a portfolio of over 3,800 marketed healthcare brand names, 1,200 USAN/INN nonproprietary names for 1,100 clients. The company partners on over 75% of pharmaceutical brand and nonproprietary name approvals globally every year with healthcare manufacturers. Drug Safety Institute is composed of former naming regulatory officials from global government health agencies, including Food and Drug Administration (FDA), European Medicines Agency (EMA), Health Canada (HC), American Medical Association (AMA), and the World Health Organization (WHO). These regulatory experts co-authored the name review guidelines while with their respective agencies, with many responsible for ultimately approving (or rejecting) brand name applications. Now working for a private company, these professionals provide Brand Institute's clients with industry-leading guidance pertaining to drug name safety (i.e., preventing medication errors), packaging, and labeling.
James Dettore
Chairman & C.E.O.
jdettore@brandinstitute.com
www.brandinstitute.com
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SOURCE Brand Institute, Inc. | https://www.kxii.com/prnewswire/2022/08/08/brand-institute-partners-brand-name-development-fda-approved-treatment-help-retinal-disease-patients-maintain-or-gain-vision/ | 2022-08-08T14:06:38Z |
SHANGHAI, Aug. 1, 2022 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE: BQ), a leading pet-focused platform in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
The Company is aware that it has been identified by the United States Securities and Exchange Commission (the "SEC") under the Holding Foreign Companies Accountable Act of the United States (the "HFCAA") on July 29, 2022. Such identification may have resulted from the Company's filing of the annual report on Form 20-F for the fiscal year ended March 31, 2022.
The Company understands that the SEC made such identification pursuant to the HFCAA and its implementation rules issued thereunder. This indicates that the SEC has determined that the Company used an auditor, whose working paper cannot be inspected or investigated completely by the Public Company Accounting Oversight Board of the United States (the "PCAOB"), to issue the audit opinion for the Company's financial statements for the fiscal year ended March 31,2022.
In accordance with the HFCAA, a company will be delisted from a U.S. stock exchange if such company has been identified by the SEC for three consecutive years due to PCAOB's inability to inspect the auditor's working paper.
Boqii will continue to monitor developments and has been actively exploring possible solutions to best protect the interest of its stakeholders. The Company also notes that this update has no impact on its business operations. Boqii will continue to comply with applicable laws and regulations in both China and the United States, and strive to maintain its listing status on the New York Stock Exchange.
About Boqii Holding Limited
Boqii Holding Limited (NYSE: BQ) is a leading pet-focused platform in China. We are the leading online destination for pet products and supplies in China with our broad selection of high-quality products including global leading brands, local emerging brands, and our own private label, Yoken and Mocare, offered at competitive prices. Our online sales platforms, including Boqii Mall and our flagship stores on third-party e-commerce platforms, provide customers with convenient access to a wide selection of high-quality pet products and an engaging and personalized shopping experience. Our Boqii Community provides an informative and interactive content platform for users to share their knowledge and love for pets.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the SEC, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties.
Further information regarding such risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Boqii Holding Limited
Investor Relations
Tel: +86-21-6882-6051
Email: ir@boqii.com
DLK Advisory Limited
Tel: +852-2857-7101
Email: ir@dlkadvisory.com
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SOURCE Boqii Holding Limited | https://www.mysuncoast.com/prnewswire/2022/08/01/boqii-provides-update-its-status-under-holding-foreign-companies-accountable-act/ | 2022-08-01T14:00:46Z |
NEW YORK, July 18, 2022 /PRNewswire/ -- Attention Okta, Inc. ("Okta") (NASDAQ: OKTA) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between March 5, 2021 and March 22, 2022.
If you suffered a loss on your investment in Okta, 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 Okta includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Okta had inadequate cybersecurity controls; (ii) as a result, Okta's systems were vulnerable to data breaches; (iii) Okta ultimately did experience a data breach caused by a hacking group, which potentially affected hundreds of Okta customers; (iv) Okta initially did not disclose and subsequently downplayed the severity of the data breach; (v) all the foregoing, once revealed, was likely to have a material negative impact on Okta's business, financial condition, and reputation; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: July 19, 2022
Aggrieved Okta investors only have until July 19, 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.mysuncoast.com/prnewswire/2022/07/18/class-action-alert-law-offices-vincent-wong-remind-okta-investors-lead-plaintiff-deadline-july-19-2022/ | 2022-07-18T10:02:39Z |
The Miami-Inspired Pre-Mixed Drinks Line Is Perfect For Warm-Weather Sipping
MIAMI, Aug. 4, 2022 /PRNewswire/ -- Haig Club is making a splash this summer with the launch of a new line of delicious ready-to-drink beverages: Haig Club Clubman Canned Cocktails. Crafted with a base of Haig Club Clubman Whisky, soda and natural flavors, the brand-new, pre-mixed effervescent drinks are available in Ginger Lime & Soda and Citrus Yuzu & Soda. Designed in partnership with Haig Club brand partner and Inter Miami CF (IMCF) co-owner David Beckham, these elevated canned cocktails were inspired by the vibrancy of Miami. The cans became available throughout South Florida beginning in mid-July 2022.
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9074851-haig-club-clubman-canned-cocktails-premium-ready-to-enjoy-beverages
Packaged in the same electric blue as the brand's striking whisky bottle, Haig Club Clubman Canned Cocktails are convenient for warm-weather moments, whether enjoyed on the beach, poolside or while watching IMCF games. These pre-mixed cocktails taste delicious cold, straight from the can or poured over ice with a slice of citrus.
David Beckham said, "Miami is such a special place to me. It is a city with a unique and energetic spirit and it is these qualities that not only inspired me to bring my football club here, but also inspired the new Haig Club Clubman Canned Cocktails. I'm really excited that locals and visitors can now enjoy these delicious, one-of-a-kind drinks, whether they are at the beach or in the stadium."
These fresh-tasting drinks are expertly crafted to honor David Beckham's penchant for smooth luxury, accentuating the light, smooth taste of Haig Club Clubman. The whisky base gives these canned cocktails subtle notes of butterscotch, green apple and a lingering hint of cinnamon spice, while premium ingredients like fiery ginger root and bright citrus provide complexity and nuance. The Ginger Lime & Soda flavor begins with an aroma of fresh ginger and a hint of spice, followed by a taste of crisp ginger ale with undertones of scotch, finishing with sweet ginger and a twist of lime. The Citrus Yuzu & Soda flavor starts with an aroma of juicy citrus, followed by a taste of fresh lemon and rindy yuzu, finishing with a hint of sweet, candied lemon. Topped with bubbly seltzer, the result is a balanced and delicious ready-to-enjoy cocktail, perfect for sipping this summer.
Haig Club Clubman Canned Cocktails are available to purchase on ReserveBar, Drizly.com, the Drizly app and in select alcohol retailers in South Florida. The canned cocktails are sold individually and in packs of four with a suggested retail price of $3.99 and $14.99 respectively.
ABOUT HAIG CLUB
Founded in partnership with global icon David Beckham, Haig Club is a sophisticated whisky designed for the modern world. Launched in the U.S in South Florida as the official whisky of the Inter Miami CF, Haig Club Clubman is crafted to honor Beckham's penchant for smooth luxury. This versatile whisky can stand alone, complement other ingredients when mixed into a drink and serve as the perfect bright and bold base for Haig Club Clubman Canned Cocktails. To learn more about Haig Club, please visit www.haigclub.com/en or follow @haigclub on Instagram.
ABOUT DIAGEO
Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray and Guinness.
Diageo is listed on both the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange (LSE: DGE) and their products are sold in more than 180 countries around the world.
For more information about Diageo, their people, brands, and performance, visit www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practices. Follow Twitter and Instagram for news and information about Diageo North America: @Diageo_NA.
Please Drink Responsibly. HAIG CLUB GINGER LIME & CITRUS YUZU. Scotch Whisky Mixed With Soda And Natural Flavors. 5.8% Alc/Vol. Haig Club Canning Co., STE. Genevieve, MD.
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SOURCE DIAGEO | https://www.mysuncoast.com/prnewswire/2022/08/04/introducing-haig-club-clubman-canned-cocktails-new-range-premium-ready-to-enjoy-beverages/ | 2022-08-04T18:03:21Z |
Virtual Role-Play Scenarios Help Teachers, Students and Parents Build Skills to Create Safe & Caring Schools
BURLINGTON, Mass., Aug. 22, 2022 /PRNewswire/ -- Experiential learning company Kognito today announced the availability of an online, interactive Violence Prevention Suite designed to create a safe and caring school environment. The suite includes five simulations utilizing Kognito's exclusive role play-based platform to help educators, students and caregivers build the necessary skills to identify and respond to conduct such as bullying, harassment, self-harm and threatening behavior.
Developed by experienced teachers, child psychologists and childcare experts, this new suite of products was created in response to research documenting the benefits of involving the entire school community in upstream violence prevention. Each 10 - to 45-minute simulation combines realistic scenarios, emotionally responsive virtual humans, and gaming technology to give users hands-on practice to recognize warning signs in student behavior, learn effective and supportive communication techniques, and connect students of concern with appropriate support.
Suite features include:
- Individual simulations with content tailored specifically for educators, students and caregivers, including Bullying Prevention for Educators and Staff (K-12) and Safe & Caring Schools for Educators and Staff (K-12); Friend2Friend: Bullying Prevention and Friend2Friend: Safe and Caring Schools for students (6-12); and Safe and Caring Schools for Parents (6-12).
- Realistic language and situations built on actual student feedback, such as a student discussing a friend who has expressed a desire to retaliate against another student after being bullied, to provide a true-to-life practice environment that keeps users engaged and helps build confidence in their ability to lead real-world conversations and know when to refer a student or friend to support.
- Experiential, evidence-based practice through game-like interactivity that includes a choice of responses to each phase of the conversation along with personalized feedback on the user's choices through virtual coaching.
- Alignment to CASEL Core Competencies, helping users build social and self-management competencies such as demonstrating empathy, using local support systems, and exhibiting responsible decision-making that will carry over to adulthood.
- Easy online deployment plus built-in tools to monitor program effectiveness, including pre-, post- and three-month follow up surveys accessible through an online portal enabling school districts to assess changes in skills, attitudes and behaviors.
The five simulations are designed to work in tandem to build a culture that can help reduce school violence by equipping users with the skills to recognize concerning behaviors as well as by establishing trust and open communication between students and adults. Educators, parents and caregivers learn how to speak to students to encourage them to share their concerns, students learn when a peer's actions or statements need to be shared with adults, and more.
"Every school district is responsible for creating a safe and nurturing environment where students can thrive and learn, and where educators feel supported. The challenge is to determine the most effective strategy for enabling everyone in the school community to identify a risk and respond appropriately," said Deb Serri, Kognito Vice President of Product. "The practice-based conversation experiences in our Violence Prevention Suite help build those skills in the same interactive, non-judgmental environment we have used to drive statistically significant changes in user attitudes, skills and knowledge for many years. We know that users learn by doing, and our role-play platform provides both a comfort level and a feedback system that far surpasses what you can do in any sit-and-get or in-person training program."
Kognito's new Violence Prevention Suite is the latest in a series of widely adopted PK-12 simulations that include the company's Mental Health & Well-being Suite spanning six interactive programs addressing suicide prevention, substance use and trauma-informed practice. All simulations utilize Kognito's unique role play-based platform, including a cast of virtual humans developed by Kognito to create safe, engaging learning experiences. Over 1 million educators and students in school districts around the country have completed Kognito simulations to date.
Learn more information about Kognito's Violence Prevention Suite at https://kognito.com/pk-12/violence-prevention-suite/ or by emailing info@kognito.com.
About Kognito
Kognito is a leading provider of practice-based digital learning experiences that provide strategies to improve mental health and well-being across schools, campuses, and communities. Built on an interactive platform, the company's products integrate several evidence-based models and techniques, game mechanics, and learning principles, allowing users to learn by engaging in role-play conversations with emotionally responsive humans. Through practice and personalized feedback, users learn and assess their competency to lead similar real-life conversations. Kognito has been instrumental in providing training to over 1 million educators, administrators, students, and their communities. This innovative approach is changing lives by increasing user confidence and awareness on critical topics that impact critical thinking and decision-making. For more information, visit https://kognito.com.
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SOURCE Kognito | https://www.wibw.com/prnewswire/2022/08/22/kognito-introduces-interactive-simulations-pk-12-focused-upstream-violence-prevention/ | 2022-08-22T17:45:29Z |
LAGUNA BEACH, Calif., Aug. 9, 2022 /PRNewswire/ -- CNC Broach Tool™ LLC has created a Broach G-Code Generator which can reduce your programming time from hours down to minutes. Programming a broaching cycle for your CNC Lathe or Mill is now as easy as entering 7-10 inputs and pressing a button. The web application will export up to 2000 lines of g-code program which the user can then copy and paste into their CNC program.
Programming a broach tool to cut in a CNC machine can be time consuming. This is because linear broaching in a CNC requires multiple passes which take small amounts of material, usually between .0006" - .0020", per pass. A keyway which has a radial depth of .400" and a depth of cut of .001" per pass, for example, would require 400 passes. When creating a long hand Lathe or Mill program, each pass requires a minimum of 4 lines of G-code. The general layout for each complete pass is as follows:
- Position/Reposition on X,Y, Z
- Feed in on Z axis
- Retract out on X axis
- Retract out on Z axis
The example above which has 400 passes would require 1600 lines of g-code. Sometimes the length of the program can be condensed by using a sub-program with incremental moves and multiple calls. This generally works unless you have limited clearance behind the tool. For example: Let's say you have a Ø.750 bore and are using our T6MML tool which fits a Ø.745 min bore. An incremental program with a .150" retract for every pass, will crash after the first pass when it retracts out of the cut on X. In this case, you will need to write a long hand program and set your retract point for each pass to an absolute position of Ø.745 instead of using an incremental position.
To use The CNC Broach Tool Program Generator:
- Choose your machine type: Lathe or Mill.
- Select the type of program you want to export: Long format or Sub Program
- Select which tool you'd like to use
- Enter the Bore Diameter, Keyway Width, Radial Depth, Z axis start & end points, Depth of Cut, & IPM
- For milling machines enter the feed axis and feed direction
- Accept the Terms & Conditions
- Copy the code (Ctrl C) and paste (Ctrl P) it into your program
CNC Broach Tool G-Code Program Generator
Copyright © 2022 CNC BROACH TOOL™ LLC
All Rights Reserved. Patent Pending
Visit: https://cncbroachtools.com/cnc-broach-gcode-program-generator/
Visit: https://cncbroachtools.com
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SOURCE CNC Broach Tools | https://www.wibw.com/prnewswire/2022/08/09/cnc-broach-tools-free-gcode-program-generator/ | 2022-08-09T15:51:27Z |
HUB Files draft prospectus F-4 to the SEC for the upcoming $1.28 billion SPAC Merger and listing of the company's shares for trading on Nasdaq
Published: Aug. 24, 2022 at 1:11 PM CDT|Updated: 38 minutes ago
TEL AVIV, Israel, Aug 24, 2022 /PRNewswire/ -- HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services ("HUB" or the "Company"), announced today that it has officially filed a non-confidential draft registration statement on Form F-4 which contains a preliminary proxy statement/prospectus to the U.S. Securities and Exchange Commission (SEC), for the purpose of completing the merger with the SPAC, the offering of the company's securities to the shareholders of the SPAC and the start of trading in the company's securities on Nasdaq.
The completion of the merger and the start of trading is subject to a number of conditions precedent. Subject to Israeli court approval, the company's shares are expected to be traded on the Nasdaq (only) without parallel trading in Tel-Aviv. The meaning for the company's current shareholders is that every holder of the company's shares that are currently traded on the Tel Aviv Stock Exchange in Israel, will hold after the completion of the merger identical shares of the Company that will be traded on the Nasdaq stock exchange.
Upon completion of the transaction, the projected gross proceeds received by the Company, before transaction costs will be a minimum amount of $50 million, if the SPAC owners make a full redemption of their investment; and up to a potential of approximately $225 million, if none of the SPAC shareholders redeem their investment
A copy of the preliminary draft proxy statement/prospectus is available for review on the SEC's website at www.sec.gov
DIRECT LINK to the F-4 filing: https://www.sec.gov/Archives/edgar/data/1905660/000110465922093927/tm2223104-1_f4.htm
About HUB Cyber Security (Israel) Limited
HUB Cyber Security (Israel) Limited ("HUB") was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces. The company specializes in unique Cyber Security solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution aimed at preventing hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide.
About Mount Rainier Acquisition Corp.
Mount Rainier Acquisition Corp. is a blank check company sponsored by DC Rainier SPV LLC, a Delaware limited liability company managed by Dominion Capital LLC, whose business purpose is to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Forward-Looking Statements
Certain statements included in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or HUB's or RNER's future financial or operating performance. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "would", "seem", "expect", "intend", "will", "estimate", "anticipate", "believe", "future", "predict", "potential," "forecast" or "continue", or the negatives of these terms or variations of them or similar terminology, but the absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward looking statements.
These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by HUB and its management, and RNER and its management, as the case may be, are inherently uncertain. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions. Many actual events and circumstances are beyond the control of HUB or RNER. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) expectations regarding HUB's strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and HUB's ability to invest in growth initiatives and pursue acquisition opportunities; (ii) the occurrence of any event, change or other circumstances that could give rise to the termination of negotiations and any subsequent definitive agreements with respect to the proposed transactions; (iii) the outcome of any legal proceedings that may be instituted against RNER, HUB, the Combined Company or others following the announcement of the proposed transactions and any definitive agreements with respect thereto; (iv) the inability to complete the proposed transactions due to, among other things, the failure to obtain approval of the stockholders of RNER or HUB, to obtain certain governmental and regulatory approvals or to satisfy other conditions to closing, including delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals or complete regulatory reviews required to complete the proposed transactions; (v) the inability to obtain the financing necessary to consummate the proposed transactions; (vi) changes to the proposed structure of the proposed transactions that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed transactions; (vii) the ability to meet stock exchange listing standards following the consummation of the proposed transactions; (viii) the risk that the announcement and consummation of the proposed transactions disrupts HUB's current plans and operations; (ix) the lack of a third party valuation in determining whether or not to pursue the proposed transactions; (x) the ability to recognize the anticipated benefits of the proposed transactions, which may be affected by, among other things, competition, the ability of the Combined Company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (xi) costs related to the proposed transactions; (xii) the amount of any redemptions by existing holders of RNER's common stock being greater than expected; (xiii) limited liquidity and trading of RNER's and HUB's securities; (xiv) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (xv) geopolitical risk, including military action and related sanctions, and changes in applicable laws or regulations; (xvi) the possibility that RNER, HUB or the Combined Company may be adversely affected by other economic, business, and/or competitive factors; (xvii) inaccuracies for any reason in the estimates of expenses and profitability and projected financial information for HUB; and (xviii) other risks and uncertainties set forth in the section entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in RNER's final prospectus relating to its initial public offering dated October 4, 2021.
Forward-looking statements speak only as of the date they are made. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Neither HUB nor RNER undertakes any duty to update these forward-looking statements.
Additional Information About the Transaction and Where to Find It
In connection with the proposed transaction, HUB intends to file with the SEC a registration statement on Form F-4 containing a proxy statement/prospectus, and after the registration statement is declared effective by the SEC, RNER will mail a definitive proxy statement/prospectus relating to the Proposed Business Combination to its stockholders. This press release does not contain all the information that should be considered concerning the proposed transaction and is not intended to form the basis of any investment decision or any other decision in respect of the proposed transaction. This press release is not a substitute for any registration statement or for any other document that HUB or RNER may file with the SEC in connection with the proposed transaction. Investors and security holders are advised to read, when available, the preliminary proxy statement/prospectus and the amendments thereto and the definitive proxy statement/prospectus and other documents filed in connection with the proposed transaction, as these materials will contain important information about HUB, RNER and the proposed transaction.
When available, the definitive proxy statement/prospectus and other relevant materials for the proposed transaction will be mailed to stockholders of RNER as of a record date to be established for voting on the proposed transaction. Stockholders will also be able to obtain copies of the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus and other documents filed with the SEC, without charge, once available, through the website maintained by the SEC at www.sec.gov.
INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION.
Logo - https://mma.prnewswire.com/media/1710726/HUB_Security_Logo.jpg
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SOURCE Hub Security
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/08/24/hub-files-draft-prospectus-f-4-sec-upcoming-128-billion-spac-merger-listing-companys-shares-trading-nasdaq/ | 2022-08-24T18:49:07Z |
DALLAS (KDAF) — The weekend is here, and you deserve to celebrate the end of the workweek with a glass of delicious and affordable wine.
Today is the perfect day to relive your college days and pick up a boxed wine as Friday, Sept. 9, is National Boxed Wine Day.
“As one of the most interesting ways of packaging and selling wine, wine boxes, also known as wine casks or bag in box, are very popular yet quite recent. Although it is mostly related to cheap wines, because of its cost-effective preparation, box wine is still very popular among wine lovers and connoisseurs,” NationalToday.com says.
In celebration of the holiday, here are just a few of the best places in Dallas to get boxed wine, according to Yelp:
- Goody Goody Liquor
- La Cave Warehouse
- Total Wine
- World Market | https://cw33.com/news/local/best-places-to-get-boxed-wine-in-dallas-according-to-yelp/ | 2022-09-09T09:35:44Z |
Services for Doyle Ray Knight, 77, of Temple will be 10 a.m. Saturday at Cross Church on Birdcreek in Temple with the Rev. Tim Chaplin officiating.
Burial will be in North Belton Cemetery.
Mr. Knight died Saturday, April 16, at a Temple hospital.
He was born Jul 27, 1944, in Temple to Hulen Doyle and Dorothy Marie Nichols Knight. He lived in Houston and Holland before returning to Temple in 1968. He graduated from Holland High School in 1963. He attended Temple Business College. He married Kay Sebek on Dec. 29, 1968. He worked as a production scheduler at Wilsonart. He was a member of Cross Church on Birdcreek and the Bell County Sportsman Club.
Survivors include his wife of Temple; a son, Jason Knight of Belton; a daughter, Lisa O’Kelly of Peoria, Ariz.; a brother, Gary Wayne Knight of San Antonio; and four grandchildren.
Memorials may be made to Cross Church on Birdcreek.
Visitation will be 9 a.m. Saturday at the church.
Scanio-Harper Funeral Home in Temple is in charge of arrangements. | https://www.tdtnews.com/obituaries/article_4156d6a2-c03b-11ec-883d-b7814219a3f3.html | 2022-04-20T09:31:12Z |
Downtown San Diego's First Lab Lease – Full Floor in Repositioned Building
Genesis Branded Transformation is a Barings/Phase 3 Real Estate Partners/Bain Capital Real Estate Joint Venture
CHARLOTTE, N.C. and SAN DIEGO, June 21, 2022 /PRNewswire/ -- Barings, one of the world's largest diversified real estate investment managers, along with Phase 3 Real Estate Partners and Bain Capital Real Estate, announced today its joint venture has signed its first tenant to Genesis San Diego, a premier Class A life science building in Downtown San Diego, California.
Formerly known as The Thomas Jefferson School of Law, this approximately 203,000 square foot, 8-story office building located at 1155 Island Avenue has been transformed into a state-of-the-art life science property. Modifications and improvements include upgraded HVAC and plumbing infrastructure (including VRF heating and cooling systems, new exhaust fans, 100% outside air for lab areas, and needlepoint bipolar ionization) along with a new 5,000 lb. service elevator and upgraded lab floor loads. Additional enhancements include a new lab services facility with a glass wash, autoclave and staffed shipping and receiving room, a top floor lounge and event space, and ready-to-occupy 'spec suites' consisting of 50% lab / 50% office built out in various sizes throughout the building.
"Barings is excited to lead the life science migration to Downtown San Diego, giving tenants a highly amenitized work, live and play environment," said Joe Gorin, Managing Director, Head of US Acquisitions and Portfolio Management for Barings. "Greater San Diego is an undeniable life sciences global capital and we continue to hear from life science leaders interested in a downtown, urban destination. This investment is a prime example of Barings' value-add real estate investment strategy focusing on creating unique, competitive assets that attract innovative tenant demand."
"Delivering premier Class A research ready life science environments that meet the needs of visionary companies continues to be our focus," added BJ Van Aken, Executive Vice President, West and Head of Portfolio Operations for Phase 3 Real Estate Partners. "As a key component of our Genesis portfolio, Genesis San Diego sits at the forefront of life science assets in greater San Diego, and provides the modern design and opportunities for innovation that will bring tenants to this exciting downtown location."
Life sciences are a major driver of San Diego's innovation economy. The region is home to more than a thousand life sciences companies, and as the third largest life sciences cluster in the nation, demand for high-quality lab space in greater San Diego continues to increase. While suburban Torrey Pines and Sorrento Mesa have historically answered the call for life science asset needs, Downtown San Diego is poised to be the next life sciences node for greater San Diego given its unmatched amenities, proximity to the popular Gaslamp Quarter and Petco Park, key connections to the existing scientific community such as the new UCSD satellite building, and commutability via the extension of the Blue Trolley line.
"Downtown San Diego has all the building blocks for a successful life science industry cluster," added Betsy Brennan, President & CEO of the Downtown San Diego Partnership. "Our community has long known this and our 2021 Demographic Study proves it. Whether it's the highly skilled talent living here, a lifestyle that can't be beat, connectivity to our regional ecosystem of innovation, or new projects like Genesis San Diego that offer quality lab and office space, Downtown is where dreams are becoming reality."
Genesis San Diego represents a commitment to sustainability, tenant health and wellness, and digital connectivity. The development includes smart building systems, green design elements, and is currently LEED-Gold.
About Barings
Barings is a $371+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment. Learn more at www.barings.com.
*Assets under management as of March 31, 2022
About Genesis
Genesis is a life science real estate brand that leverages the deep experience and global breadth of its owners' partnership to create an environment focused on meeting the needs of its tenants to accelerate their ground-breaking discovery. Genesis' owners unique integrated venture combines Phase 3 Real Estate Partner's decades of life science real estate development and tenant experience with Bain Capital's pioneering value-add investment approach and the firm's decades of leading experience in the Healthcare and Life Science industry. At Genesis, we relentlessly pursue not only to provide the right environment today but through our deep industry partnerships and participation provide the best environment for cultivating tomorrow's undiscovered advances in science.
About Phase 3 Real Estate Partners
Phase 3 Real Estate Partners, Inc., ("Phase 3") develops premier ready to occupy research and development facilities in the major innovation clusters of the United States. Phase 3's focus on delivering the highest quality space with accelerated speed to occupancy within these key geographies allows companies to immediately pursue their scientific goals. The Phase 3 team delivers a clean, modern design aesthetic, the right combination of amenities to create community and appropriate infrastructure to meet the needs of the companies who call our facilities home. The firm's expertise in development, construction and management of life science facilities results in a strong partnership between our tenants and our team. Phase 3's current portfolio consists of nearly 4.5 million square feet and is growing in San Diego, San Francisco and Boston.
About Bain Capital Real Estate
Bain Capital Real Estate was formed in 2018 and pursues investments in often hard-to-access sectors underpinned by enduring secular trends that drive long-term demand growth for real estate assets and services. The Bain Capital Real Estate team has been executing its strategy since 2010 (formerly as a part of Harvard Management Company), having invested and committed more than $6.8 billion of equity in more than 550 assets across multiple sectors, including more than $1.7 billion in over 6.8 million SF of life sciences assets. Bain Capital Real Estate focuses on small to mid-sized assets where the team applies its deep industry expertise to accelerate impact and drive operational improvements. Bain Capital Real Estate's strategy aligns with the value-added investment approach that Bain Capital pioneered and leverages the firm's global platform and significant experience across asset classes to further bolster its insights and sourcing capabilities.
Contact
MediaRelations@barings.com
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SOURCE Barings | https://www.wibw.com/prnewswire/2022/06/21/genesis-san-diego-lands-first-life-science-tenant/ | 2022-06-21T18:12:38Z |
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