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WASHINGTON, May 17, 2022 /PRNewswire/ -- With baby formula in short supply around the country, the American College of Emergency Physicians (ACEP) has a clear warning for caregivers: avoid watering down formula.
"Adding extra water to baby formula to try and make it last longer can put a child at risk of a seizure or another medical emergency," said Gillian Schmitz, MD, FACEP, president of ACEP. "Given the current formula shortage, it may be tempting to look for a workaround, but it is very important to always mix formula according to the manufacturer's instructions."
Infants under the age of six months should not drink water or other liquids besides infant formula or breast milk, unless advised by a physician. Adding too much water to formula reduces its nutrient levels and could slow a child's development. It could also cause an electrolyte imbalance that can lead to severe health problems, including seizures.
Baby formula should always be mixed as directed by the manufacturer, unless specifically guided by a physician or health care professional. Consistent with the Food and Drug Administration (FDA) recommendations, emergency physicians advise against trying to make formula at home with store bought ingredients.
With all sorts of risky homemade formula recipes on the internet or circulating among friends, the best choice is to talk with a physician about the safest ways to feed a child.
Feeding an infant under six months of age cow's milk, or milk substitutes, is not a safe alternative to infant formula, emergency physicians said. Milk or similar dairy products can cause an infant severe illness at times of heat stress, fever or diarrhea.
Cow's milk cannot be digested by an infant as completely or easily as formula or breast milk. It lacks the proper amounts of iron and other nutrients that infants need, which can irritate the linings of a still developing digestive system and lead to a dangerous electrolyte imbalance, bloody stool, or iron deficiency. Whole milk or toddler formula could be a temporary option for several days for a child older than six months if infant formula is not available.
"Actions that may seem like a harmless way to stretch the supply of formula could end up being dangerous," said Dr. Schmitz. "An infant needs a careful balance of nutrients and even a brief disruption can cause health problems. Do not hesitate to bring a child to the closest emergency department for any concerns that they could be having a medical emergency."
The American College of Emergency Physicians (ACEP) is the national medical society representing emergency medicine. Through continuing education, research, public education, and advocacy, ACEP advances emergency care on behalf of its 40,000 emergency physician members, and the more than 150 million people they treat on an annual basis. For more information, visit www.acep.org and www.emergencyphysicians.org.
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SOURCE American College of Emergency Physicians (ACEP) | https://www.mysuncoast.com/prnewswire/2022/05/17/emergency-physicians-urge-parents-avoid-diluting-baby-formula/ | 2022-05-17T20:40:04Z |
16-time World Champion and 2-time WWE Hall-of-Famer partners with technology company Kitchen Data Systems. Wooooo! Wings opens its first locations in Nashville, TN.
NASHVILLE, Tenn., July 28, 2022 /PRNewswire/ -- Ric Flair and Kitchen Data Systems announced today that Wooooo! Wings, a new Delivery-1st restaurant brand, is open for business with locations in Nashville, Tennessee.
The launch coincides with the weekend of "Ric Flair's Last Match," taking place on Sunday, July 31st. After selling out The Nashville Fairgrounds in less than 24 hours, the event has moved to the 7,000+ seat Nashville Municipal Auditorium. "Ric Flair's Last Match" is being produced by Thuzio, a Triller Company, and will be streaming worldwide exclusively on FITE.
Wooooo! Wings' legendary flavors and world championship wings are prepared by Kitchen Data Systems' (KDS) KitchPartner restaurants. KitchPartners belong to a network managed by KDS' proprietary software, which matches member restaurants with celebrities to launch new virtual dining experiences, bringing extra revenue streams for both brands and their restaurant KitchPartners.
Customers will be able to order from the Wooooo! Wings menu via Uber Eats or Postmates, starting in Nashville and southern cities, then available throughout the U.S.
"I love chicken wings and I really love flavors that hit you like a chop to the chest," said Flair. "To be the man, you've got to beat the man, and these championship wings and legendary flavors from Wooooo! Wings are THE MAN!"
Wooooo! Wings jumps into the restaurant ring at an inflection point in the food industry, which saw a marked rise of delivery during COVID-19. At least once a week 80M U.S. households order delivery or takeout meals, while UBS' Evidence Lab projects the market to hit $365B by 2030. The Wooooo! Wings menu, developed by "Team Flair" in conjunction with KDS' in-house chef, celebrates one of the sport's most charismatic characters with flavors that match his personal brand. The virtual restaurant opens with competitive advantages, bringing a reach of over 25M+ weekly from a combination of Ric Flair's podcast, social media accounts and those of his "To Be the Man" podcast's network, Podcast Heat.
"We're thrilled to bring the Wooooo! Wings virtual brand to life," commented Mike Jacobs, CEO and Founder of KDS. "With Wooooo! Wings, the flavors will be as legendary as Mr. Flair. KDS is all-in on virtual brands and all-in on Wooooo! Wings."
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SOURCE Kitchen Data Systems Inc. | https://www.wibw.com/prnewswire/2022/07/28/ric-flairs-wooooo-wings-virtual-restaurant-opens-nashville-ahead-last-match/ | 2022-07-28T23:41:56Z |
CLEVELAND, April 26, 2022 /PRNewswire/ -- NACCO Industries® (NYSE:NC) will release its 2022 First Quarter financial results and will file its 2022 First Quarter 10Q after the close of the market on Wednesday, May 4, 2022.
In conjunction with this release, the Company will host a conference call at 8:30 a.m. Eastern Time on Thursday, May 5, 2022 to discuss its results for the 2022 first quarter.
To register for this conference call, please use the following link: http://www.directeventreg.com/registration/event/7747766. After registering, a confirmation will be sent via email, including dial-in details and unique conference call access codes required for call entry. Registration is open throughout the live call. To ensure you are connected prior to the beginning of the call, the Company suggests registering a day in advance or a minimum of 15 minutes before the start of the call.
The call will also be webcast live on NACCO's Investor Relations website at ir.nacco.com. For those not planning to ask a question of management, the Company recommends listening via the webcast. Please allow 15 minutes to register, download and install any necessary software.
Following the conference call, a replay will be available at (800) 585-8367 (Toll Free) or (416) 621-4642 (International). The replay passcode is 7747766. An archive of the webcast will also be available on the Company's website two hours after the live call ends.
About NACCO Industries
NACCO Industries® brings natural resources to life by delivering aggregates, minerals, reliable fuels and environmental solutions through its robust portfolio of NACCO Natural Resources businesses. Learn more about our companies at nacco.com or get investor information at ir.nacco.com.
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SOURCE NACCO Industries | https://www.kxii.com/prnewswire/2022/04/26/nacco-industries-announces-dates-2022-first-quarter-earnings-release-conference-call/ | 2022-04-26T11:10:32Z |
The donation contributes to Save the Children's mission to deliver essential humanitarian assistance to children and families affected by conflict
HOUSTON, April 12, 2022 /PRNewswire/ -- Venterra Realty recently contributed $75,000 to global humanitarian organization Save the Children. The donation is in support of children in Ukraine and the surrounding region who may be caught in the middle of armed conflict, forced to flee their homes, and exposed to injury, hunger, and winter weather.
Venterra itself contributed $50,000. In addition, the company matched dollar for dollar, any additional donations made by employees. Venterra employees made numerous generous donations, which helped the overall contribution to reach over $75,000.
Save the Children has been working in Ukraine since the start of this escalating conflict in 2014. The organization is now scaling up their operations to support children and families impacted by this devastating crisis, distributing critical emergency supplies and establishing safe spaces for children where possible. Save the Children staff and volunteers are distributing food, water, and hygiene kits to refugees arriving at the Romania-Ukraine border and in reception centers.
Up to six million children trapped inside Ukraine are in imminent danger as an increasing number of hospitals and schools come under attack. The situation is changing by the hour, with all children in Ukraine now at grave risk of physical harm and severe emotional distress. At least 1.5 million children have left the country.
"As a company that provides housing options for families, the thought of this many people suddenly being without a home, food or security is hard for us to imagine. Our thoughts and prayers go out to those affected," said Venterra CEO, John Foresi. "We are very grateful for the outpouring of care and concern about this crisis by Venterra team members. The response was clearly represented in the number of generous contributions our employees made to raise funds for Save the Children. While we cannot deliver help personally, we trust this donation will support those who are already on the ground delivering aid to children and families directly impacted by this devastating conflict," said Venterra Chairman, Andrew Stewart.
Learn more about Save the Children's efforts in Ukraine and contribute here: https://www.savethechildren.org/us/where-we-work/ukraine
About Venterra:
Founded in 2001, Venterra Realty owns and manages 66 communities and more than 19,000 apartment units across 13 major US cities that provide housing to over 38,000 people and 12,000 pets. The organization has completed $7.4 billion in real estate transactions and currently manages a portfolio of multi-family real estate assets valued at approximately $4.0 billion. Venterra is committed to improving the lives of its residents by delivering industry-leading customer experience. Find out more about Venterra Realty and its award-winning company culture at Venterra.com.
About Save the Children:
Save the Children believes every child deserves a future. Since our founding more than 100 years ago, we've changed the lives of more than 1 billion children. In the United States and around the world, we give children a healthy start in life, the opportunity to learn and protection from harm. We do whatever it takes for children – every day and in times of crisis – transforming their lives and the future we share. Follow us on Facebook, Instagram, Twitter and YouTube.
Contact: Allie Foard, Communications Manager & Brand Specialist
Venterramedia@venterraliving.com
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SOURCE Venterra Realty | https://www.kxii.com/prnewswire/2022/04/12/venterra-realty-donates-75000-save-children-support-children-ukraine/ | 2022-04-12T15:17:17Z |
TORONTO, June 7, 2022 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce that it has entered into an agreement with Grid Metals Corp. ("Grid") (TSXV: GRDM; OTCQB: MSMGF) on June 6, 2022 to acquire a 100% interest in the Bannockburn Nickel Property located near Matachewan Ontario, and to provide further details on other recently acquired properties.
Mark Selby, Chair and Chief Executive Officer said, "The acquisition of Bannockburn is highly complementary to our southern cluster of properties at Sothman, Midlothian, and Powell.
The Bannockburn "B" zone has already been successfully tested for 600 metres of its total 1.3 kilometre strike length with multiple intervals in excess of 0.3% nickel and has smaller, higher grade potential at other zones on the property. Historical mineral processing work confirmed presence of heazlewoodite, similar to Crawford, and the ability to generate a 35% nickel concentrate."
Mr. Selby continued "This transaction, in combination with our acquisition of the Newmarket property – another very large ultramafic target adjacent to our Mann properties, conclude our consolidation of large Crawford-type targets in the Timmins region. We have been very pleased with our ongoing regional drilling program and look forward to sharing results on these regional properties through the year as assays become available."
Bannockburn Property
The Bannockburn Property is located 100 kilometres south of Timmins and consists of 125 contiguous unpatented mining claims totaling 2,700 hectares. Bannockburn is in close proximity to the Company's Sothman, Midlothian, and Powell properties. The property contains at least two ultramafic units with the larger one representing the "B" Zone, a large, lower-grade mineralized ultramafic measuring 1.3 kilometres along strike by up to 700 metres across strike (based on its magnetic response) that had yielded similar intervals to Canada Nickel's Crawford Deposit.
The "B" Zone was drilled in 2021 by Grid to a depth of 340 metres, with the best hole, GBN21-03, intersecting 342 metres of 0.28% nickel. Previous drilling by Outokumpu Oyj ("Outokumpu") intersected 203 metres of 0.33% nickel in MBB4-09 and 25 metres of 0.46% nickel in BN-19-98. Preliminary mineral processing testing in 2005 on the "B" Zone showed that a 0.33% nickel grade sample indicated a recovery of 52% to a 35% nickel concentrate.
Previous drilling within the high-grade zones intersected up to 5% nickel in the "C" Zone, which averages 2.5 metres in true thickness, 0.85% nickel over 4.27 metres in the "D" Zone, which remains open and up to 4.54% nickel in the "F" Zone with widths ranging from 0.25 metres to 17.6 metres.
Canada Nickel is acquiring a 100% interest in Bannockburn, which is subject to an existing 2.0% net smelter return royalty with Outokumpu, in exchange for two million common shares of the Company. Closing of the transaction is subject to the satisfaction of certain customary conditions, including the approval of the TSX Venture Exchange.
Table 1 – Grid Metals Historical Drilling – Bannockburn Property
Figure 1a – Bannockburn "B Zone" – Historical Drillholes Over Total Magnetic Intensity.
Figure 1b – Bannockburn Property with Nickel Sulphide Zones (yellow star) Discovered to Date.
Newmarket Property
The Newmarket Property is located 34 kilometres east of Canada Nickel's Crawford Deposit and consists of 93 contiguous mining claims totaling 1,488 hectares. The property is thought to contain the extension of an ultramafic sill located in Mann Township that Canada Nickel previously optioned from Noble Mineral Exploration. The ultramafic in Newmarket Township measures approximately 8.4 kilometres along strike and up to 600 metres across strike (as estimated from its magnetic footprint).
Exploration of the ultramafic within Newmarket dates to 1947 when International Nickel Co. drilled a series of six short holes to a maximum length of 488 feet (149 metres) and intersected serpentinized ultramafic rocks (no assays provided). In 1995, Falconbridge Ltd. conducted ground geophysics and drilling. Hole MAN35-01 drilled just off the edge of Newmarket property intersected serpentinized ultramafic across entire core length to end of hole. Three three-metre assays at 47, 71, and 105 metres yielded nickel intervals in excess of 0.31% nickel. Hole NEW22-01 intersected a coarse-grained peridotite with an assay value of 0.248% nickel over 3 metres reported by the Ontario Geological Survey.
Consideration for the acquisition of the Newmarket property was included in the property transactions press released on November 22, 2021.
Figure 2 – Newmarket Property – Historical Drillholes Over Total Magnetic Intensity.
Other Property Acquisitions
The Company is also pleased to announce that it has entered into two purchase agreements to acquire certain minor properties located in the Timmins, Ontario nickel-sulphide mining district. Under these agreements, Canada Nickel has agreed, subject to the approval of the TSX Venture Exchange, to issue a total of 17,000 common shares and has agreed that each of the sellers will retain a net smelter royalty of 2%, with Canada Nickel having the right to re-purchase 50% of the royalty.
Canada Nickel also wishes to clarify, further to the acquisition of certain other properties located in the Timmins, Ontario nickel-sulphide mining district described in its April 20, 2022 news release, that in addition to the share consideration described in such prior release, the Company also agreed to pay $75,000 to the seller and grant the seller a 0.5% net smelter royalty on the property, half of which may be bought back for $500,000. In addition, in the event gold mineralization is discovered on the properties, the seller has the right to elect to form a 50% joint venture with the Company to join in the exploration and development of the gold mineralization on the properties.
The common shares described in this news release are subject to a four-month hold period from the date of their respective issuances.
Figure 3 – The Timmins Nickel District
Table 2 – Collars
Statement Regarding TSX Venture
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The completion of any transactions mentioned in this release is subject to customary closing conditions, including final TSX Venture Exchange approval. The common shares issued pursuant to the above noted acquisitions will be subject to a four month hold period under applicable Canadian securities laws. Some transactions may have been approved prior to this release.
Qualified Person and Data Verification
Stephen J. Balch P.Geo. (ON), VP Exploration of Canada Nickel and a "qualified person" as such term is defined by National Instrument 43-101, has verified the data disclosed in this news release, and has otherwise reviewed and approved the technical information in this news release on behalf of Canada Nickel Company Inc.
About Canada Nickel Company
Canada Nickel Company Inc. is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero NickelTM, NetZero CobaltTM, NetZero IronTM and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific Timmins-Cochrane mining camp. For more information, please visit www.canadanickel.com.
For further information, please contact:
Mark Selby
Chair and CEO
Phone: 647-256-1954
Email: info@canadanickel.com
Cautionary Statement Concerning Forward-Looking Statements
This press release contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward looking information includes, but is not limited to, drill and exploration results relating to the target properties described herein (the "Properties"), the potential of the Crawford Nickel Sulphide Project and the Properties, timing of economic studies and mineral resource estimates, the ability to sell marketable materials, strategic plans, including future exploration and development results, and corporate and technical objectives. Forward-looking information is necessarily based upon several assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Factors that could affect the outcome include, among others: future prices and the supply of metals, the future demand for metals, the results of drilling, inability to raise the money necessary to incur the expenditures required to retain and advance the property, environmental liabilities (known and unknown), general business, economic, competitive, political and social uncertainties, results of exploration programs, risks of the mining industry, delays in obtaining governmental approvals, failure to obtain regulatory or shareholder approvals, and the impact of COVID-19 related disruptions in relation to the Company's business operations including upon its employees, suppliers, facilities and other stakeholders. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Canada Nickel disclaims any intention or obligation to update or revise any forward-looking information, whether because of new information, future events or otherwise, except as required by law.
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SOURCE Canada Nickel Company Inc. | https://www.mysuncoast.com/prnewswire/2022/06/07/canada-nickel-completes-additional-property-acquisitions/ | 2022-06-07T11:34:25Z |
Daycare worker accused of slamming child into mattress, restricting breathing
WAUKESHA, Wis. (WTMJ) - A Wisconsin daycare center is being investigated, as one of its workers faces criminal charges over accusations that she abused an infant.
Heather Miller, a 48-year-old worker at a daycare center called The Lawrence School in Waukesha, appeared in court Thursday. She is charged with physical abuse of a child after accusations that she slammed a child into a mattress and made it hard for him to breathe.
“When I say that it’s awful, it seems to me to indicate that there’s so much awful that I don’t even know how to explain it,” said court commissioner David Herring.
A criminal complaint states the incident happened August 17 while Miller was a lead teacher in the daycare’s infant room.
An employee told police she witnessed Miller telling an infant he was disgusting. The witness claimed when Miller put the child down for a nap, she concealed his crib from a security camera, picked him up and slammed him face down into the crib. She then allegedly held him down to the point it sounded like the child struggled to breathe.
The witness says she ran to get help and told the facility director and assistant director what was going on, but nothing was done. The next week, the witness told the child’s mother he was not safe at the daycare center.
The parents of that child reported he was lethargic, fussy and unwell for two weeks, according to court records. They eventually took him to a children’s hospital, but a doctor did not find any injuries.
“People trust the most important thing that they have, the reason why they go to work every day, the reason why they do things in life, to places just like this to ensure that their loved ones are taken care of. When you abuse that trust, that is an aggravating factor,” Herring said.
In a criminal complaint, Miller and other staff members denied any wrongdoing or knowledge of the alleged incident.
Mother Renee Martinez does not know Miller but says she took her children to the daycare center until an incident happened in December 2018.
“I had found out from an employee that my son a couple weeks prior was left outside… alone and unattended, and he had just turned 3,” she said.
Martinez says she felt alone in her experience, but she is speaking publicly now to encourage others to come forward.
“Just speak up. If you see something wrong, speak up. Those are people’s children, and we just have to protect everybody’s children,” she said.
Police are still reviewing evidence related to the case. Three other daycare staff members may potentially face criminal charges.
If she’s convicted, Miller could face up to 16 years in prison.
Copyright 2022 WTMJ via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/09/18/daycare-worker-accused-slamming-child-into-mattress-restricting-breathing/ | 2022-09-18T08:46:04Z |
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Second Clementine Location in California Will Treat All Genders
YORBA LINDA, Calif., July 8, 2022 /PRNewswire/ -- Monte Nido & Affiliates, one of the largest and leading eating disorder platforms in the country, announces the upcoming opening of a new residential eating disorder center in Yorba Linda, California. Opening late 2022, Clementine Orange County will provide care for adolescents with anorexia nervosa, bulimia nervosa, binge eating disorder and/or exercise addiction. Marking the second Clementine residential treatment program in California, Clementine Orange County will be the first to treat adolescents of all genders.
"Eating disorders are on the rise among adolescents, so expanding available care to this age group is essential," said Candy Henderson, MS, Chief Executive Officer of Monte Nido & Affiliates. "Coming back to the state where Monte Nido & Affiliates programs began over twenty-six years ago, Clementine Orange County will provide life-saving treatment for all genders struggling with eating disorders, with the mission of helping more teens realize their healthy selves and become fully recovered."
Treatment at Clementine Orange County will provide personalized, evidence-based care focused on restoring physiological and nutritional balance in the comfort of a home-like setting. The programming also implements mindful eating, 24-hour nursing, and academic and family support.
"Clementine's model of care has been designed to meet the specific needs of adolescents, who are particularly susceptible to eating disorders due the developmental stages they are at in their lives," said Melissa Spann, PhD, LMHC, CEDS-S, Chief Clinical Officer of Monte Nido & Affiliates.
Early intervention is key in the recovery process, as eating disorders have the highest mortality rate of any mental health illness. However, with the right tools, skills and support, recovery is possible no matter what stage a person is in with their eating disorder.
Monte Nido opened its original location, Monte Nido Malibu, in a secluded home in Calabasas in 1996. Today, there are six Monte Nido & Affiliates programs throughout California, and Clementine Orange County will be its seventh. Connecting back to Monte Nido & Affiliates' California roots and expanding care in the state, Clementine Orange County will complement Clementine Malibu Lake, a program for adolescent girls located just outside of Los Angeles.
For more information, or to inquire about treatment at Clementine Orange County, please visit www.clementineprograms.com or call 855-900-2221.
Monte Nido & Affiliates is one of the country's largest and leading eating disorder platforms, offering inpatient, residential, and day treatment programs for eating disorders. Founded in 1996, Monte Nido & Affiliates currently operates forty-seven programs in fourteen states, with residential programs being Joint Commission accredited. Monte Nido & Affiliates includes five distinct eating disorder program brands: Monte Nido, Walden Behavioral Care, Rosewood Centers, Oliver-Pyatt Centers, and Clementine.
Contact: Claire Vartabedian or Abigail Cox
L.C. Williams & Associates
312-565-3900
montenido@lcwa.com
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SOURCE Monte Nido & Affiliates | https://www.wibw.com/prnewswire/2022/07/08/monte-nido-amp-affiliates-expand-access-adolescent-eating-disorder-treatment-california-with-new-orange-county-location/ | 2022-07-08T14:48:10Z |
SAN LUIS OBISPO, Calif., Sept. 7, 2022 /PRNewswire/ -- Mindbody, the leading experience technology platform for the wellness industry, today announced a strategic partnership with Corporate Sports Unlimited, Inc. ("Corporate Sports Unlimited"), a national leader in fitness center management, wellness programming, consulting and design services. Through the partnership, Corporate Sports Unlimited will utilize Mindbody's technology to seamlessly and reliably manage its customers' wide variety of fitness and wellness facilities.
"Corporate wellness programs are becoming increasingly important, if not essential, as wellness continues to be more important than ever. Mindbody data shows that when looking at potential new employers, 42% say that wellness perks/benefits are an important part of making their final decision," said Fritz Lanman, CEO of Mindbody and ClassPass. "With that in mind, we are grateful to partner with Corporate Sports Unlimited to bring their customers' employees a seamless experience that allows them to break down barriers to prioritizing their health."
Corporate Sports Unlimited is defined by its total service offered through the company's two divisions, Corporate Health Unlimited and Corporate Events Unlimited. Corporate Health Unlimited has served the health and wellness industry for over 40 years and currently provides programs and services to the nation's leading companies, world headquarters, Class A office developments, hospitals, resorts, and hotels. The company's Corporate Events Unlimited division is an industry leader in producing innovative and engaging events for companies across the country, including team building events, employee appreciation events, family day events, and more. Corporate Sports Unlimited continues to be a leader in the health, wellness, fitness, and special event industries through their innovative and unmatched services to corporations throughout the United States.
By implementing Mindbody software, Corporate Sports Unlimited will streamline and further improve its processes around member management and retention, payment processing, scheduling, and reporting, among other initiatives.
"Our team manages a vast assortment of facilities that thousands rely on to take care of their personal wellness. With Mindbody's flexible and easy-to-use platform, we can achieve our goal and commitment to ensure members receive a stress-free and reliable experience across all facilities," said Donald Whitney, Founder, President & CEO at Corporate Sports Unlimited.
Mindbody is the leading experience technology platform for the fitness, wellness, and beauty industries. With the addition of ClassPass, the leading global fitness and wellness membership, to the Mindbody portfolio, consumers and wellness businesses around the world are easily connected through a rich wellness community. Fitness studios, salons, spas, and integrative health centers—from the newest entrepreneurs to the largest franchises—use Mindbody's integrated software and payments platform to run, market, and grow their businesses. Consumers use Mindbody and ClassPass to choose from a broad range of wellness experiences across thousands of gyms, exercise studios and wellness providers around the globe. For more information on how Mindbody is helping people lead healthier, happier lives by connecting the world to wellness, visit mindbodyonline.com.
Corporate Sports Unlimited is the leader in the health, wellness, fitness, and special event industries through their innovative and unmatched services They are distinguished by their total service, offering their clients an array of services and experience to ensure continued satisfaction. Striving to conduct business with the highest level of integrity, they aspire to exceed expectations of their clients, employees, and community. Their commitment to exceptional customer service and innovative solutions is unmatched. This is what sets them apart from their competition and is why they have been serving many client accounts for 20+ years. For more information on Corporate Health Unlimited, visit www.corphealth.fit. For more information on Corporate Events Unlimited, visit www.corpevents.com.
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SOURCE Mindbody | https://www.kxii.com/prnewswire/2022/09/07/leading-wellness-industry-technology-platform-mindbody-executes-multi-year-agreement-with-corporate-sports-unlimited/ | 2022-09-07T13:24:01Z |
Which Boscia product is best?
With its brand name combining the words “botanical” and “science,” the intent of Boscia’s skin care is immediately apparent. Originally launched in Japan, the prestige brand offers a variety of high-performing skin care products that feature natural botanicals and no chemical preservatives. If you’re looking for a plant-powered, makeup-removing cleansing oil that soothes sensitive skin, Boscia Makeup Breakup Cool Cleansing Oil is a great choice.
What to know before you buy a Boscia product
J-beauty roots
Boscia has its roots in a company that was founded in Japan in the 1980s. Its founder wanted to provide high-quality, scientifically formulated skin care that avoided common yet harmful chemical preservatives. While the company is now based in California, its leaders still draw from the founder’s expertise in Japanese skin care.
Formulated for sensitive skin
Along with omitting chemical preservatives, Boscia keeps its products safe for sensitive skin by leaving out artificial fragrances and dyes. Plus, all Boscia products are gluten-free.
Fun yet functional products
Boscia’s lineup includes classic formulations, such as wash-off clay masks, as well as trendy, fun products, such as a solid jelly ball cleanser. Other popular products include peel-off masks, colorful blotting papers and cooling cleansers.
What to look for in a quality Boscia product
Botanical key ingredients
Boscia’s company philosophy is to maximize the naturally occurring benefits of ingredients sourced from plants. Some botanical ingredients commonly found in Boscia products include:
- Willow bark: It soothes and addresses acne.
- Green tea: It contains antioxidants that can protect the skin barrier.
- Charcoal: It draws out and absorbs oil and impurities.
- Cactus: It soothes skin and helps it retain moisture.
- Rosehip: This is a beauty multitasker and antioxidant source that addresses redness and loss of elasticity.
- Tsubaki: Also known as camellia oil, it moisturizes, increases elasticity and strengthens the skin barrier.
A complete skin care regimen
Boscia’s product line includes everything from cleansers and moisturizers to serums and exfoliating treatments. Whether you want to address acne, fine lines, dryness or oil control, Boscia products can help you meet your skin goals.
Products like Boscia’s booster serums feature doses of powerful hero ingredients to supplement your existing routine. Look for Boscia’s collagen booster for firm and smooth skin or the vitamin C booster serum for a healthy glow.
No chemical preservatives
Boscia omits potentially harmful or irritating synthetic preservatives from all its products. Instead, the brand uses naturally occurring compounds, such as probiotics and certain extracts, to help products stay fresh and safe.
Clean skin care ingredients
Boscia’s product formulas follow EU standards for cosmetic ingredients, which means they don’t include more than 1,600 known or suspected harmful and irritating ingredients. Boscia also pursues scientific experimentation to keep seeking out new ways to make skin care safe and effective while using natural ingredients.
Boscia recycling program
Boscia is doing its part to help reduce waste in the beauty industry. Shoppers can sign up online to return their empty Boscia packaging to the company with a prepaid shipping label. When they do, Boscia gives them a coupon code to use on future products.
How much you can expect to spend on a Boscia product
Boscia tools like blotting papers and body care start at $10. Many cleansers, toners and masks are available for $30-$37, while moisturizers and exfoliating treatments cost $38-$50.
Boscia product FAQ
Is Boscia cruelty-free?
A. Boscia is Leaping Bunny-certified cruelty-free because the company does not perform any animal testing. Plus, Boscia products are not sold in countries that require animal testing on cosmetics. The brand also uses no animal-derived ingredients, so Boscia products are vegan-friendly as well as cruelty-free.
How do you pronounce Boscia?
A. It’s not uncommon to mispronounce Boscia’s name. The brand name is pronounced, “BO-sha.”
What’s the best Boscia product to buy?
Top Boscia product
Boscia MakeUp-BreakUp Cool Cleansing Oil
What you need to know: Use this soothing cleanser first in your double-cleanse routine to wash away makeup and help your second cleanse work more effectively.
What you’ll love: Powered by rosehip, green tea, olive fruit oil and avocado, this gentle cleanser emulsifies to break down even waterproof makeup, leaving nourished, conditioned skin. It’s gentle yet effective enough to use for removing eye makeup.
What you should consider: A few users experienced issues with the pump jamming or locking. If you have especially sensitive skin, the menthol that provides the cleanser’s cooling sensation may be irritating.
Where to buy: Sold by Macy’s, Dermstore and Ulta Beauty
Top Boscia product for the money
Boscia Mermaid Fire and Ice Cryosea Peel-off Mask
What you need to know: This magical-looking mask can be used up to three times each week for a cryotherapy-inspired treatment.
What you’ll love: It includes high-performing marine botanicals such as red algae and sea kelp, plus menthol for a refreshingly icy sensation. The peel-off mask boosts blood circulation. It leaves skin feeling tingly and prepped to absorb the rest of your skin care regimen.
What you should consider: The temperature-changing sensation may not be comfortable for all users. Some users felt like their eyes were irritated by the menthol.
Where to buy: Sold by Ulta Beauty, Dermstore and Macy’s
Worth checking out
Boscia Cactus Water Moisturizer
What you need to know: To hydrate oily or oily-combination skin, try this lightweight, fast-absorbing moisturizer.
What you’ll love: It’s formulated with aloe vera, cactus water and other soothing botanicals. Its “Queen of the Night” cactus extract helps dry skin rebound from dehydration. The gel moisturizer can also help skin recover from sun exposure.
What you should consider: It takes some trial and error to figure out the right amount to use, especially when layering serums and makeup. It can feel sticky or pill up under products.
Where to buy: Sold by Dermstore, Ulta Beauty and Macy’s
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/best-boscia-product/ | 2022-06-01T02:04:39Z |
‘Splash into Science’ brings mini science lessons to Blue Earth Plaza
MANHATTAN, Kan. (WIBW) - This summer kids can learn about science while having fun at the Blue Earth Plaza Splash Pad in Manhattan.
Splash into Science is a weekly science segment provided by the Flint Hills Discovery Center, as a way to engage kids in science throughout the summer.
Starting at noon every Friday until August 12th, educators from the Discovery Center will set up at the splash pad and provide a short interactive science lesson for kids of all ages.
“It’s a way for them to take something, of science, that’s easy to do, to teach their parents that they can do it at home, so they can feel confident in showing others.” Flint Hills Discovery Center Curator of Education, Sally Dreher says.
Following the Splash into Science program, kiddos can play in the water at the splash pad or continue their adventures into the Flint Hills Discovery Center.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/11/splash-into-science-brings-mini-science-lessons-blue-earth-plaza/ | 2022-06-11T00:38:39Z |
HONG KONG, July 4, 2022 /PRNewswire/ -- Yeahka Limited ("Yeahka" or the "Company", Stock code: 9923.HK), a leading payment-based technology platform in China, is pleased to announce that the Company has issued an approximately HK$549.23 million convertible bond maturing in 2027 on July 5, 2022. J.P. Morgan and Credit Suisse acted as the joint global coordinators on the transaction.
Following the successful allotment of shares and issuance of new shares in 2020, the Company successfully issued convertible bonds in 2022, further proving the Company's recognition from the capital markets under volatile economic conditions, repeated pandemic outbreaks in China, and rising interest rates. The Company intends to use the net proceeds for the expansion of its overseas business, including building a commercial digitalized ecosystem in Southeast Asia and East Asia to accelerate the progress of the Company's globalization efforts. Furthermore, the Company intends to use the net proceeds to strengthen the competitiveness of its business in China, including product research and development, marketing and promotions, talent recruiting, further accelerating the scale of its in-store e-commerce business, and elevating the local lifestyle industry threshold.
In 2022, despite the regional resurgence of the pandemic in China, the Company continued to maintain solid growth momentum. Yeahka serves 7.5 million small and medium-sized offline merchants in more than 300 cities across the country. Due to the low geographic concentration of our merchants, the GPV in the first quarter increased by 18.2% YoY despite the impact of Covid-19. As the Company enhances its leading market position in the payment industry, it also gradually increased its payment fee rate. The in-store e-commerce services fully leverage resources from the payment-based ecosystem and maintain rapid growth with practical investment. In the first quarter, the GMV reached RMB 560 million, the number of paying consumers reached 4.7 million, and the Monthly Active Users (MAU) of all channels peaked at over 16 million.
Mr. Luke Liu, Chairman of the Board, Chief Executive Officer and Executive Director of Yeahka, said, "We always adhere to our long-term goal of building an independent and scalable commercial digitalized ecosystem. In 2022, the business environment in China was repeatedly affected by the pandemic. Our marketing and channel strategies and diversified revenue streams helped us effectively cope with the adverse effects of the pandemic in certain regions, enabling us to continue to achieve steady growth as shown in our financial and operational performance indicators. In the future, we will continue to improve our network effect, exploit the value within the ecosystem, enrich our product mix, extend business boundaries, elevate return on investments, explore further growth opportunities, and create sustainable long-term value for shareholders, employees, and society. "
About YEAHKA LIMITED (9923.HK)
Yeahka is a leading payment-based technology platform. Our goal is to build an independent and scalable commercial digitalized ecosystem. We seamlessly connect merchants and consumers through payment services of different kinds, including QR code and traditional bank card payment. And on this basis, we provide merchant solutions including SaaS digital solutions, precision marketing services, and fintech services to help merchants better manage and drive business growth. In addition, we also launched in-store e-commerce services in December 2020, providing consumers with one-stop local lifestyle services of great value.
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SOURCE Yeahka | https://www.kxii.com/prnewswire/2022/07/05/yeahka-9923hk-issues-hk54923-million-convertible-bond-maturing-2027/ | 2022-07-05T03:55:28Z |
Which corner kitchen sink is best?
If the kitchen is the heart of the house, then the kitchen sink is arguably the beating pulse of that heart. The best corner kitchen sink takes advantage of every inch of space and puts it to good use.
When it is time to shop for a corner kitchen sink, you’ll want one that can be flexibly mounted and accommodate large pots and pans. The Blanco Anthracite Diamond Silgranit Drop-In Or Under Mount is a good choice.
What to know before you buy a corner kitchen sink
Single bowl vs. batwing
A kitchen sink is an important purchase, and a corner sink has some tricky considerations. The first is the type of sink you want.
- Single bowl: Because of the location, these sinks might be narrow in the front and wider in the back. They may also be a plain rectangle, depending on the space. Consider this type when you have a 45-degree cabinet face and more counter real estate to play with.
- Batwing: Batwing (or butterfly) sinks are a type of double sink with two separate bowls that connect in the front and are separate in the back. The faucet sits between the separated bowls. Even with separate bowls, the sink area is small. These are best for very small kitchens with limited counter space.
Materials
Because they are not a high-demand item, you may have fewer materials to choose from. Common sink materials include:
- Stainless steel: This sink is durable and affordable. It’s not too heavy and can be mounted any way you choose.
- Stone: Some granite and quartz sinks mix natural stone with a polymer resin. This lightens them up and makes them more resistant to bacteria and staining. Solid granite and quartz sinks are also available but may require reinforced cabinets due to their weight.
- Enamel or porcelain: This type of sink has a metal core coated with enamel or porcelain. They are traditional and easy to clean, but if the metal core is cast-iron they can be heavy.
- Copper: Copper brings a high-end, luxe feel to any kitchen. It is durable and antibacterial. However, it does require special cleaning to keep it gleaming. Copper is also very expensive.
- Synthetic granite: Silgranit is a durable, lightweight material that gives a sleek look with less weight. It can handle high temperatures and is remarkably resilient.
Mounting style
There are three mounting styles to choose from.
- Top mount: Top mount sinks drop into the countertop and are fastened below. These have a lip that must be caulked to prevent moisture from draining under the sink and into the cabinet below.
- Under-mount: This sink uses the same hole cut for the top mount sink, but it sits either well below the counter or flush with it. Even with a standard sink, this is a tricky installation.
- Cabinet mount: These sinks are popular in farmhouse-style or country kitchens. The sink sits on a shorter cabinet.
What to look for in a quality corner kitchen sink
Cutout template
A cutout template serves as a guide for precise measurements and no-fuss installation. This is especially important for batwing sinks that can be tricky to orient.
Easy cleaning
The last thing you want is a sink that requires a special cleaning regimen. Unless you choose a specialized material, most corner kitchen sinks should clean up easily with standard products.
Accessories
Some corner sinks come with accessories to make food prep and cleanup a breeze. They might include things such as:
- Stainless steel rinse grids
- Strainer baskets
- Cutting boards
- Dish draining boards
How much you can expect to spend on a corner kitchen sink
The price of a corner kitchen sink depends on the size, the type of sink, and the material you choose. Expect to spend $270-$600.
Corner kitchen sink FAQ
Is the installation of a corner sink harder than a traditional sink?
A. It can be trickier to properly orient and mount a corner sink. This starts with the challenge of cutting a hole in the counter that is not rectangular. If this cut is off, everything else will be even more difficult.
Do corner sinks require specialized drains and faucets?
A. No. The sink may be unique, but the faucet and drain can be standard. Even batwing sinks can accommodate a regular, full-size faucet setup.
What’s the best corner kitchen sink to buy?
Top corner kitchen sink
Blanco Anthracite Diamond Silgranit Drop-In Or Under Mount
What you need to know: This sink is sleek, durable and versatile.
What you’ll love: This sink can be mounted as a drop-in or under mount. It resists dents, chips and scratches and can handle temperatures up to 536 degrees. It comes in nine colors and three sizes and is protected by a limited lifetime warranty.
What you should consider: Some people report a white film that develops over time.
Where to buy: Sold by Amazon and Home Depot
Top corner kitchen sink for the money
Houzer Legend Series Top Mount Stainless Steel Corner Bowl Kitchen Sink
What you need to know: This economical sink is easy to install and very durable.
What you’ll love: With satin-finished 20-gauge stainless steel, this sink is as durable as it is affordable. It has StoneGuard undercoating and comes with a lifetime limited warranty. Clips for mounting and a basket strainer are also included.
What you should consider: This does not include a cutout template.
Where to buy: Sold by Amazon and Home Depot
Worth checking out
Ruvati Undermount Corner Kitchen Sink
What you need to know: This sleek corner kitchen sink is perfect for contemporary or industrial kitchen designs.
What you’ll love: The batwing style is perfect for 90-degree cabinets. It is made of 18/10 premium stainless steel. The satin finish is easy to clean and durable. Sound padding minimizes the noise of the drain. It comes with stainless steel rinse grids to protect the finish of the sink.
What you should consider: Even with two bowls, some people found this sink far too small for their needs.
Where to buy: Sold by Amazon and Home Depot
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
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Suzannah Kolbeck writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/best-corner-kitchen-sink/ | 2022-08-25T12:06:59Z |
GRAND HAVEN, Mich., June 21, 2022 /PRNewswire/ -- Shape Corp. will be the first tier-one automotive supplier to market with fossil-free steel crash management and body structure systems under a new agreement with SSAB, a leading producer of advanced high strength steel (AHSS).
Shape will be testing SSAB's fossil-free steel, the first steel product made of hydrogen-reduced sponge iron utilizing HYBRIT technology, for use in automotive applications. Shape Corp. is setting an aggressive course to offer products made with this innovative material in order to provide a green steel, lightweight alternative for OEM body structure components that aligns with Shape's own carbon neutrality goals.
"Shape continues to lead the industry with innovative, lightweight solutions for next generation vehicles," said Mark White, president and CEO, Shape Corp. "Additionally, we have established a bold sustainability goal to be a carbon free company by 2035. Our long-standing partnership with SSAB is built on years of collaboration and mutual respect between our companies. I am extremely excited to partner with SSAB to commercialize their new fossil free Hybrit steel technology and to be first to market in crash management and body structure applications for our customers. We see this as a win for our customers, a win for the environment and a win for Shape!"
"We are excited to welcome Shape as our first partner for fossil-free steel in the U.S. and look forward to jointly explore ways to mitigate climate change," says Martin Lindqvist, President and CEO at SSAB. "Demand for fossil-free steel is increasing, which is one of the reasons for SSAB to bring forward its green transition with the ambition to largely eliminate carbon dioxide emissions around 2030."
SSAB aims to deliver fossil-free steel to the market in commercial scale during 2026. SSAB works with iron ore producer LKAB and energy company Vattenfall as part of the HYBRIT initiative to develop a value chain for fossil-free iron- and steel production, replacing the coking coal traditionally used for iron ore-based steelmaking with fossil-free electricity and hydrogen. This process virtually eliminates carbon dioxide-emissions in steel production.
Shape has pledged to reduce its global carbon emissions 30% by 2030 and to be fully carbon free by 2035. Shape aims to be carbon free in its production and will reduce end user carbon emissions through lightweighting of the products Shape provides to its customers, mitigating climate change effects.
Shape Corp. is a global leader in multi material automotive impact energy management systems and lightweight body structures utilizing advanced-high strength steel roll forming, tight tolerance aluminum extrusions and large tonnage injection molding. Founded in 1974, the company employees more than 3,500 team members with 17 facilities worldwide allowing Shape to serve customers in North America, Europe and Asia. For more information visit Shapecorp.com
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SOURCE Shape Corp. | https://www.wibw.com/prnewswire/2022/06/21/shape-ssab-announce-partnership-fossil-free-steel-automotive-applications/ | 2022-06-21T13:44:17Z |
C & C Heating & Air Conditioning says homeowners should try these ideas to make their home's air more breathable when houses are closed up to avoid summer heat
DETROIT, July 12, 2022 /PRNewswire/ -- Most homeowners have their homes closed up against the summer heat this time of year which can cause their indoor air quality (IAQ) to suffer, but C & C Heating & Air Conditioning, a leading Detroit-area heating and cooling company with more than six decades of experience, says following a few tips can improve a home's IAQ.
"Air pollution in your home can sometimes be just as bad indoors as it is outdoors, especially when you have your home closed up to avoid extreme temperatures," said Dayna Hottle, general manager of C & C Heating and Air Conditioning. "The average American spends as much as 87% of their lives indoors so ensuring your indoor air is clean and healthy is an important task. Most of these tips are surprisingly easy to accomplish and don't take a lot of time."
Indoor air pollutants can range from benign contaminants brought indoors by family members or pets to more dangerous pollutants like mold or gas leaks. Hottle recommends following these tips to improve the air quality:
- Change the HVAC filter regularly. In the summer, the air conditioner is working overtime and the filter might need changing more often than it does in milder months. This has the added effect of improving the air conditioner's efficiency.
- Check the home's air ducts. Air ducts are responsible for moving air around the home and can become dusty or dirty over time. Keeping the vents vacuumed and clear of debris can help keep ducts clean; however, if ducts have not been cleaned or change in several years, homeowners should consider a professional cleaning.
- Control the humidity in the home. Humidity allows mold and mildew to grow and can trigger respiratory issues like asthma or allergies. To reduce the humidity, homeowners can invest in portable dehumidifiers or even consider having a whole-home dehumidifier added to their HVAC system.
- Use cooking vents. Many indoor pollutants come from the kitchen. Gas stoves can release contaminants, including carbon monoxide. Even electric burners can produce low levels of these pollutants. Home chefs should always turn on vents or open windows when cooking to rid the home of these pollutants.
- Keep rugs and carpets clean. Rugs and carpets are breeding grounds for pollutants, particularly in homes with pets. Regular vacuuming and cleaning can keep these pollutants to a minimum.
- Buy plants. Indoor plants are nature's air filters. They not only "exhale" oxygen and "inhale" carbon dioxide, they also enhance a home's décor.
"We all want to avoid the 80-, 90- and 100-degree temperatures we're seeing across the country, but we shouldn't forget that closing up our homes to heat waves can cause bad indoor air," Hottle said. "With just a little bit of cleaning, some indoor plants, and reminders to turn on some vents and change filters, we can keep our indoor air fresh, clean and breathable."
C & C Heating & Air Conditioning is a Detroit-area heating and cooling company with more than six decades of expertise installing and servicing all makes and models of heating and cooling equipment. Their technicians are highly trained and qualified and undergo annual background checks, random drug testing, extensive technical and customer service training and are North American Technician Excellence (NATE) certified. Services include HVAC maintenance and repair, duct cleaning, whole-home air filtration systems, indoor air quality systems and comprehensive maintenance agreements. For more information, call C & C Heating & Air Conditioning at (586) 439-3319 or visit their website at https://candcheat.com/
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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SOURCE C & C Heating & Air Conditioning | https://www.wibw.com/prnewswire/2022/07/12/detroit-hvac-company-offers-tips-improve-indoor-air-quality/ | 2022-07-12T12:01:58Z |
ATLANTA, Sept. 8, 2022 /PRNewswire/ -- Healing Yesterday's Tears, debut poetry collection by emotional wellbeing and mental health advocate Kyli Santiago, won Silver Medal in the 'Poetry - Inspirational' category in the 2022 Readers' Favorite Book Awards Contest, one of the largest and most popular book competitions in the world. This high honor promises increased recognition and support for Santiago's mission to raise awareness about poetry's positive effects on depression and mental health issues.
Santiago knows firsthand about the healing power of poetry because she has experienced it in her own life. Suffering from depression as a childhood into her adult years, she began writing poetry as a form of healing and release. After spending years applying this therapeutic exercise, she claimed victory over the debilitating condition and is now fully healed, able to live a healthy, productive life.
Now, on a mission to raise awareness about the healing benefits of poetry, Santiago has chosen to use her story of survival and triumph to inspire others by independently publishing her award-winning book of poems.
When asked about her mission, Santiago states, "Poetry is medicine for the broken spirit - possessing the power to cure minds, hearts, and souls. The benefits reading, writing, and reciting poetry offers those who've endured hardship, painful experiences, emotional trauma, and mental health issues are immeasurable. The positive effects are real. And the world needs to know."
Confronting heavy topics such as depression, anxiety, suicide, low self-worth, and more, Healing Yesterday's Tears is carefully designed to take readers on a cathartic journey of mental healing and emotional release. The poet hopes it can be used as a tool to help those facing similar challenges heal from mental illness and empower themselves through discovering self-love.
"In Healing Yesterday's Tears, we find out that we need self-love … as well as self-preservation. Learning to be who you really are is essential to good mental health. Use the words of this book to motivate you to keep moving forward. Love yourself. Realize your worth." - Philip Van Heusen, Readers' Favorite
Silver Medal Winner for 'Poetry - Inspirational' in the 2022 Readers' Favorite Book Awards Contest, Healing Yesterday's Tears is 75 pages and is available for purchase in paperback and eBook on Amazon and wherever books are sold.
Learn more: https://kylisantiago.com/
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SOURCE Kyli Santiago Inc | https://www.kxii.com/prnewswire/2022/09/08/mental-health-advocate-kyli-santiago-wins-readers-favorite-international-book-award-poetry/ | 2022-09-08T15:19:30Z |
South Carolina guard Rivers entering transfer portal
COLUMBIA, S.C. (AP) — South Carolina guard Saniya Rivers is entering the NCAA transfer portal. She announced her decision on social media Thursday, a day after the Gamecocks celebrated their women’s national basketball championship with a downtown parade. Rivers is a 6-foot-1 guard from Wilmington, North Carolina. She played in 27 games this season, all off the bench. Rivers is the third player joining the portal since South Carolina won the NCAA Tournament with a 64-49 victory over UConn on April 3. Sophomore Eniya Russell and senior Elysa Wesolek have also said their intend to leave the program. | https://localnews8.com/sports/ap-national-sports/2022/04/14/south-carolina-guard-rivers-entering-transfer-portal/ | 2022-04-14T22:45:59Z |
More than 100 'Yorrik' skeletons will be hidden throughout the country, giving consumers an opportunity to win spooktacular prizes ahead of Halloween
ELMSFORD, N.Y., Sept. 6, 2022 /PRNewswire/ -- Scary season is upon us! Party City, the global celebrations category leader is kicking off Halloween early with the launch of 'Yorrik Scavenger Haunt Sweepstakes.' On Friday, September 9 and Saturday, September 10, Party City will hide more than 100 life-size skeletons in some of the nation's most historically haunted cities.
Yorrik, Party City's life-size poseable skeleton and Halloween mascot will be making special appearances in the following locations to celebrate the 50-day countdown to Halloween weekend:
- Baltimore, MD
- Charleston, SC
- Charlotte, NC
- Chicago, IL
- New Orleans, LA
- Portland, OR
- Salem, MA
- San Antonio, TX
- Savannah, GA
- St. Augustine, FL
Those that dare to find Yorrik and their posse will be prompted to scan QR codes to enter for a chance to win more than 100 scary-good prizes and learn more about our mischievous mascot, Yorrik. Prizes include Yorrik & Family Prize Packs, Party City Gift Cards, Glam Boneyard Party Packs and more. Not traveling to a haunted location any time soon? Consumers can sign up via email to receive a notification about the sweepstakes and visit https://findyorrik.readysetpromo.com/#/source/pr for more information.
"Halloween is all about fun and a little mischief, and our mascot Yorrik knows that better than anyone," said Odette Welling, Vice President of Halloween at Party City. "We're Halloween-obsessed at Party City and are beyond excited to provide consumers with an engaging, interactive way to jumpstart the season and officially countdown to Halloween weekend. We can't wait to see how many people find Yorrik in each of these spooky cities."
Media assets for the Yorrik Scavenger Haunt Sweepstakes can be found here.
For more ghostly inspiration, visit PartyCity.com, and follow and engage with #PartyCity and #WheresYorrik on Facebook, and @PartyCity on Instagram, Twitter, and Pinterest.
Party City Holdco Inc. (PCHI) is a global leader in the celebrations industry. A vertically integrated designer, manufacturer, distributor, and retailer, PCHI offers consumer party goods in more than 100 countries around the world.
PCHI team members demonstrate a daily commitment to the company's Brand Purpose: to inspire joy by making it easy for customers to create unforgettable memories by connecting them to everything they need for life's many celebrations.
PCHI operates multiple business divisions, including the Retail Division and the Consumer Products Division. On the retail side, Party City (partycity.com) is a leading omnichannel retailer in the celebrations category, operating more than 800 company-owned and franchise stores throughout America. Additional Halloween City (halloweencity.com) pop-up storefronts are also located throughout North America seasonally. Comprising the Consumer Products Group are design and manufacturing entities Amscan, an industry leader across multiple celebrations goods and costumes, and Anagram, a dominant player in balloons.
PCHI is headquartered in Elmsford, NY with additional locations throughout the Americas and Asia.
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SOURCE Party City | https://www.mysuncoast.com/prnewswire/2022/09/06/haunt-is-party-city-launches-scavenger-hunt-haunted-cities-across-america/ | 2022-09-06T14:37:10Z |
NEW YORK, July 26, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of World Wrestling Entertainment, Inc. (NYSE: WWE) resulting from allegations that WWE may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased WWE 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=7052 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 June 15, 2022, The Wall Street Journal published an article entitled "WWE Board Probes Secret $3 Million Hush Pact by CEO Vince McMahon, Sources Say" which revealed that "[t]he board of World Wrestling Entertainment Inc. [] is investigating a secret $3 million settlement that longtime chief executive Vince McMahon agreed to pay to a departing employee with whom he allegedly had an affair, according to documents and people familiar with the board inquiry." The article further revealed, among other things, that "[t]he board's investigation, which began in April, has unearthed other, older nondisclosure agreements involving claims by former female WWE employees of misconduct by Mr. McMahon and one of his top executives, John Laurinaitis, the head of talent relations at WWE, the people said." On this news, WWE's stock price fell $2.31 per share, or 3.4%, to close at $64.87 per share on June 16, 2022, the next full trading day.
On June 17, 2022, before trading hours, WWE issued a press release entitled "WWE® & Board of Directors Joint Release" which announced that "a Special Committee of the Board is conducting an investigation into alleged misconduct by its Chairman and CEO Vincent McMahon and John Laurinaitis, head of talent relations, and that, effective immediately, McMahon has voluntarily stepped back from his responsibilities as CEO and Chairman of the Board until the conclusion of the investigation." On this news, WWE's stock fell $2.36 per share, or 3.6%, to close at $62.51 per share on June 17, 2022.
On July 22, 2022, Vince McMahon announced his retirement from WWE.
On July 25, 2022, WWE filed with the SEC a current report on Form 8-K which announced, among other things, that "[t]he Company has made a preliminary determination that certain payments that Vince McMahon agreed to make during the period from 2006 through 2022 (including amounts paid and payable in the future), and that were not recorded in the WWE consolidated financial statements, should have been recorded as expenses in the quarters in which those agreements were made (the "Unrecorded Expenses")[,]" which "[a]s of the date hereof, the Company has identified Unrecorded Expenses totaling approximately $14.6 million." The report further announced that "the Company currently anticipates that it will revise its previously issued financial statements to record the Unrecorded Expenses in the applicable periods for the years ended December 31, 2019, 2020 and 2021, as well as the first quarter of 2022[.]" Finally the report also announced that "[t]he Company has also received, and may receive in the future, regulatory, investigative and enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters."
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.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/07/26/wwe-investor-news-rosen-trusted-top-ranked-investor-counsel-encourages-world-wrestling-entertainment-inc-investors-inquire-about-securities-class-action-investigation-wwe/ | 2022-07-26T21:06:14Z |
WASHINGTON (AP) — The House Jan. 6 committee’s investigation of the aftermath of the 2020 presidential election and the events leading up to the U.S. Capitol insurrection is raising questions about former President Donald Trump’s role and whether he committed crimes.
The various schemes and talking points that witnesses have revealed also highlight what a president has the authority to do.
Government and legal experts say the bigger question is: Can further limits be put on presidential authority to make sure there are no repeats of 2020 in future administrations?
WHAT LAWS FORM THE BASIS FOR THE PRESIDENTIAL POWERS IN QUESTION?
There are two primary ones: the Insurrection Act, first enacted in 1792, and the National Emergencies Act of 1976.
The Insurrection Act is a long-standing presidential power that gives the president wide latitude to use military forces to stop a rebellion or domestic violence. Military forces are normally barred by the Posse Comitatus Act from joining in civilian law enforcement actions.
Elizabeth Goitein, senior director of the liberty and national security program at the Brennan Center for Justice, said the insurrection “in my opinion” could have been the catalyst for the president to invoke the act and bring in the military to escort congressional lawmakers out of the proceedings for their safety. “That doesn’t mean Donald Trump would have been the president, but it would have thrown a wrench in the works,” she said.
Under the NEA, dozens of statutory authorities become available to any president when national emergencies are declared. They include everything from severe weather responses to civil disorder. Congress can vote to terminate the declaration, but if the president vetoes, a two-thirds supermajority is required to overcome the veto.
“The statute itself doesn’t say what an emergency is. It leaves it up to the president,” said Chris Edelson, assistant professor of government at American University. “That means an unscrupulous president can use it” for ill purposes. It is up to Congress to rein in the president, he said.
WHAT ISSUES WERE RAISED AT THE LAST HEARING?
In the most recent hearing, former White House counsel Pat Cipillone discussed a rancorous meeting in which Trump’s outside legal team brought a draft executive order to seize the states’ voting machines. In his testimony Cipollone said the plan was a terrible idea. It had been floated before.
“You can’t preemptively seize voting machines. If there was a reason to do so, you need a court order,” Edelson said.
At the same meeting, there were a range of theories pushed, including invoking martial law. It was an idea Trump adviser Michael Flynn had floated before, along with seizing the voting machines.
WHAT ABOUT MARTIAL LAW?
Under the Insurrection Act the president can call on the military in certain circumstances, but they are intended to support civilian law enforcement. One example was the use of the military during the 1992 Los Angeles riots. Under martial law the military takes over the function of the civilian government.
Martial law, said Goitein, “gives me nightmares” because the law is unsettled. “The whole concept of martial law, there’s not even an agreed upon definition of what it is,” she said.
ARE THERE GUARDRAILS TO PREVENT FUTURE PRESIDENTS FROM ABUSING POWER?
The House passed the Protecting Our Democracy bill last year and sent it to the Senate. The legislation would prevent presidents from pardoning themselves, strengthen reporting requirements for campaigns, and clarify and enhance criminal penalties for campaigns that accept foreign information sought or obtained for political advantage.
The Senate has taken no action on the proposal. Without congressional action, the questions over presidential power and its expansiveness remain open. “The Constitution assumes that checks and balances work. If the president goes too far, Congress will rein him in,” said Edelman.
In Trump’s case, Congress has not shown an appetite for doing that.
___
Follow AP’s coverage of the Jan. 6 committee hearings at https://apnews.com/hub/capitol-siege. | https://cw33.com/news/politics/ap-politics/capitol-riot-hearings-raise-questions-of-presidential-power/ | 2022-07-14T12:13:16Z |
BROOMFIELD, Colo., July 1, 2022 /PRNewswire/ -- You've heard the saying, "An apple a day keeps the doctor away." If you have the space to grow berry bushes, you can turn that saying into an actual way to save money and feed your family healthy fruit. Not only that, but if you plant the right kinds of berry bushes, you can also profit from them! Follow these tips from Backyard Farming Supply for planting berry bushes that can benefit you and your family in three unexpected ways.
If you're looking for a great way to protect your property and deter intruders, consider planting some berry bushes. Specifically, blueberry, raspberry, and blackberry bushes provide excellent protection from noxious weeds, unwanted critters, and even intruders. A semi-thorny bush under a window makes it seem much less attractive to a potential intruder. Plus, if the intruder manages to get past the berry bush, they will have thorns in their eyes and hands that may cause them to rethink their mission. While they might not be the most effective deterrent in town, they are one of the cheapest ways to keep intruders out of your yard or home.
Gardening is one of those skills that is easy to learn but provides a lifetime of rewards. When you start gardening, your family can grow healthy food while learning new skills like cooking and preserving. Most berries will survive several years even if left unattended, and their produce is delicious! Berries are an excellent source of vitamin C that boosts the immune system and is packed with antioxidants, fiber, folate, manganese, and potassium. If you need some extra income, berry bushes are an excellent way to make money because they are perennial crops and can be harvested for months at a time.
Making jam and preserves is a fun family activity, but you'll likely want to earn money off your new skills. If you're interested in selling your produce, contact food bloggers or companies that specialize in new products; they're often interested in buying from individuals who sell their wares directly. Some farmer's markets also welcome small businesses selling products, such as jams and preserves. Don't forget about sites like Etsy for finding buyers for your fresh crop of berries and homemade fruit spreads!
If you want to learn more about how to source, plant, and maintain a fruitful crop of berry bushes, contact the good people over at Backyard Farming Supply. They have the people, the products, and the know-how you need to make all your gardening dreams come true.
Contact:
Kyle Broge
303-955-7838
kyle@ktlsupply.com
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SOURCE Backyard Farming Supply | https://www.mysuncoast.com/prnewswire/2022/07/01/3-unexpected-ways-planting-berry-bushes-can-benefit-you-your-family/ | 2022-07-02T00:00:19Z |
BOSTON, Sept. 8, 2022 /PRNewswire/ -- Pugsley Wood LLP announces a $4.2 million settlement of a False Claims Act lawsuit against Philip North America LLC d/b/a Philips Healthcare, a subsidiary of Koninklijke Philips N.V. Relators had alleged that Philips Healthcare made false claims to the U.S. government related to the airworthiness of the IntelliVue MP2 Mobile Patient Monitor ("MP2"), a portable medical monitoring device used in military and other government aircraft.
According to a statement by Massachusetts U.S. Attorney Rachel Rollins's office, "Philips admits that, after receiving initial airworthiness and safe-to-fly certifications for the MP2 from the U.S. Army in 2008 and the U.S. Air Force in 2011, Philips made modifications to the MP2 but did not adequately notify the relevant military testing facilities to determine whether the device modifications required retesting for certification."
"It is never easy to blow the whistle on wrongdoing, as it can have such an immediate and devastatingly negative impact on a whistleblower's life and career," stated Pugsley Wood partner Bryan A. Wood. "Our clients, owners of a Service-Disabled, Veteran-Owned Small Business, willingly took that risk because the safety of their clients – U.S. military and government personnel – outweighed concerns for their own personal finances. Their bravery is to be commended."
Safe-To-Fly and Airworthiness certification ensures that a product and its component parts: (1) will work in the air; (2) will not hinder the operation or navigation of the aircraft; and (3) will not allow for hostile detection of the aircraft or the product. Press reports quoted a Philips spokesman acknowledging that the company "did not adequately notify the relevant military certifying facilities to determine whether the device modifications would or would not require retesting to maintain military airworthiness and safe-to-fly certifications."
"Given the high-risk, possibly life-threatening, situations in which the Government uses aeromedical equipment, certification for product airworthiness is paramount," added Pugsley Wood attorney Lindsey Silver. "We applaud the Massachusetts U.S. Attorney's Office for dedicating resources to this important matter and the U.S. Department of Justice for ultimately holding Philips Healthcare to account."
The United States Department of Justice made the settlement public on September 1, 2022. Pugsley Wood LLP represented the whistleblowers along with co-counsel George Price at Casner & Edwards, LLP.
Pugsley Wood LLP is among the premier whistleblower law firms in the United States. Wood and Pugsley began collaborating on whistleblower cases in early 2015. In 2021 they decided to leave their respective law firms of 20+ years to better serve their clients by combining their knowledge and resources in a highly specialized law firm dedicated solely to representing whistleblowers. To date, they have obtained more than $75 million whistleblower awards for their clients under SEC, CFTC, DOJ, FIRREA/FIAFEA, and other whistleblower programs.
Visit PugsleyWood.com for additional information.
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SOURCE Pugsley Wood LLP | https://www.mysuncoast.com/prnewswire/2022/09/08/pugsley-wood-llp-announces-42-million-false-claims-act-settlement-with-philips-healthcare/ | 2022-09-08T13:53:04Z |
SAN FRANCISCO, May 4, 2022 /PRNewswire/ -- AutoRABIT, the leading Salesforce DevSecOps platform provider for regulated industries, today announced $26M in new investment from existing investor Full In Partners, a premier growth equity firm.
Given the surge in cybersecurity threats—and recommendations from the White House to harden infrastructure and tighten security policies—this funding comes at a time of increased demand for DevSecOps solutions and amid a period of aggressive growth achieved by the company. AutoRABIT intends to direct the funding toward growth initiatives and product development focused on continuing to solve the real security and development challenges faced by regulated companies using Salesforce.
"The capital we've raised with this new funding round will enable us to continue developing product capabilities to meet the security and regulatory compliance needs of our customers, while enabling them to develop faster and release more features to their own customers and stakeholders," said Meredith Bell, CEO of AutoRABIT. "As AutoRABIT continues to grow, this investment will enable us to deliver even more value to our customers through an enhanced set of DevSecOps tools that will complement our existing suite of technologies."
As Salesforce persists as the largest CRM provider in the world with market share continuing to climb, the challenges faced by its customers continue to compound—because Salesforce was built to be a CRM, not a development platform.
"Since our initial investment in February 2020, we've been thrilled to be an active partner of AutoRABIT as they build a great organization and momentum for growth," said Maurizio de Franciscis, Managing Director and Head of Portfolio Success at Full In. "Cybersecurity is now more important than ever, and AutoRABIT's DevSecOps platform is enabling Salesforce development teams in regulated industries to ship digital products safely and rapidly."
About Full In Partners
Founded in 2019, Full In Partners is a premier woman-led growth equity firm based in New York City. The firm is focused on backing high-velocity, high-efficiency software and internet businesses while building better outcomes through proactive operational and strategic support. To learn more about Full In Partners, please visit: https://fullinpartners.com.
About AutoRABIT:
AutoRABIT's DevSecOps Platform enables Salesforce development teams to improve the quality of their releases at scale through a suite of CI/CD tools that enable teams to configure, build, test, and manage development environments and deployments. The platform also supports data protection and optimization through a suite of Salesforce DataOps tools that enable development teams to retrieve greater insights from their own data while ensuring robust backup and protection. The addition of CodeScan's code analysis technology adds a code security layer to the existing platform. Visit https://www.autorabit.com for more information.
Contact:
Nicole Paleologus
nicolep@nextpr.com
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SOURCE AutoRABIT | https://www.wibw.com/prnewswire/2022/05/04/autorabit-secures-26m-series-b-investment-full-partners-expand-devsecops-platform/ | 2022-05-04T14:09:12Z |
NASHVILLE, Tenn. (AP) — Jason Martin, a Nashville doctor critical of Republican Gov. Bill Lee’s hands-off approach to the COVID-19 pandemic, won the Democratic nomination for governor Friday and will face Lee in November.
Martin, a first-time political candidate, defeated Memphis attorney and City Councilman JB Smiley Jr. by a thin margin, with advocate Carnita Atwater finishing a distant third. Both Smiley and Atwater would have been the state’s first Black gubernatorial nominee if either had won.
“We hear your message loud and clear. You’re upset that Bill Lee has failed you,” Martin said late Thursday, declaring victory before the race was called as he held a narrow lead in the vote count.
“He stood on the sidelines while 27,000 of our fellow Tennesseans died during the last couple of years,” Martin added, referring to the number of COVID-19 deaths in the state.
Lee was unopposed in his primary election Thursday as he looks to secure a second four-year term in a state that hasn’t elected a Democrat to statewide office since 2006. He trounced his Democratic opponent in 2018.
Martin jumped into the gubernatorial race last year after becoming an outspoken critic of Lee’s handling of the virus outbreak. The Republican governor declined to issue a statewide mask mandate and signed off on several laws that banned most vaccine mandates as the pandemic swept across the United States, killing more than 1 million people over two years.
However, even as virus pandemic continues to spread throughout the state, the outbreak is largely not a public priority — particularly during the gubernatorial campaign. Martin is now hoping that the tumultuous national political landscape and some of Lee’s recent controversies will help open a path for a Democrat to win a statewide seat.
Some of those include the ongoing fallout from the Supreme Court’s reversal of Roe v. Wade, the 1973 decision legalizing abortion nationwide. Lee has expressed support for some of the strictest abortion bans in the U.S.
Most recently, Lee declined to answer questions about whether he supported tweaking the state’s so-called trigger law to expand its exemptions and sidestepped directly answering whether he supported exempting children who were raped and then became pregnant.
Meanwhile, Lee received wide criticism from both sides recently after he refused to condemn disparaging remarks a charter school president made about public school teachers during a reception Lee attended. The president had said that the teachers “are trained in the dumbest parts of the dumbest colleges.”
Lee contended that the remarks were not directed toward Tennessee teachers but were instead focused on “activism from the left” in schools around the country.
Martin decidedly outraised and outspent Smiley, the next-highest fundraiser. Lee, however, takes a big campaign cash edge into the November midterm election.
“I really believed when I decided to run that we could make life better for every Tennessean by investing in the things that we need to,” Lee said Thursday when asked about running unopposed in the primary. “I hope that Tennesseans have seen that that is the heart behind what we’re doing.”
Martin’s campaign declared victory Thursday night even as votes were still being tallied in Smiley’s hometown of Memphis. Smiley admonished Martin, saying the physician should have waited until the results were all in.
By Friday, Smiley said he was “disappointed in the results” but believed his campaign “forever changed the narrative in this state on the type of candidate that can win.”
While he held off on explicitly endorsing Martin, Smiley added the two agreed that defeating Lee in the general election was imperative. | https://cw33.com/news/politics/ap-politics/doctor-critical-of-lax-covid-rules-wins-tenn-dem-gov-race/ | 2022-08-05T20:24:53Z |
Coastal Farm and Ranch Will Offer Byrna's SD XL Product Line
ANDOVER, Mass., May 20, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna", "the Company") today announced that Coastal Farm and Ranch, operating in the Pacific Northwest has begun carrying the Byrna SD XL product line. With 20 store locations in Oregon and Washington, customers will be able to purchase the Byrna SD XL product powered by the readily available 12 Gram CO2 cartridge. Capable of firing up to 30 shots at 300 feet per second with the factory installed Byrna Boost adaptor. The SD XL can incapacitate two and four legged creatures at standoff distances out to 60 feet! Perfect for self-defense, home defense, practice, training, and recreation for everyone from mom and daughter to the rancher, fisherman, and outdoorsman.
"Working closely with our distribution partner Big Rock Sports, and with our outside sales force in the Pacific Northwest, Maschmedt and Associates, Byrna is proud to continue expanding into more retail locations carrying Byrna products. The addition of these 20 locations is yet another example of the dealer sales team successfully implementing the company's long term growth strategy," stated Alan Vogel, Director of Dealer Sales.
Byrna is a technology company, specializing in the development, manufacture, and sale of innovative non-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company's investor relations site here. The Company is the manufacturer of the Byrna® SD personal security device, a state-of-the-art handheld CO2 powered launcher designed to provide a non-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company's e-commerce store.
This news release contains "forward-looking statements" within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "expects," "intends," "will," "anticipates," and "believes" and statements that certain actions, events or results "may," "could," "would," "should," "might," "occur," or "be achieved," or "will be taken." Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward-looking statements in this news release include but are not limited to the Company's statements related to expanding and opening more retail locations. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied.
Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release, including, but not limited to, prolonged, new, or exacerbated disruption of our supply chain, determinations by third party controlled distribution channels not to carry or reduce inventory of our products, and potential cancellations of existing or future orders including as a result of any fulfillment delays, introduction of competing products, negative publicity, or other factor. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A, ("Risk Factors") in our most recent Form 10-K, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in our SEC filings, to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law.
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SOURCE Byrna Technologies Inc. | https://www.mysuncoast.com/prnewswire/2022/05/20/byrna-signs-coastal-farm-ranch-20-store-chain-based-pacific-northwest/ | 2022-05-20T12:48:02Z |
Aetna Updates Spinal Cord Stimulation Coverage Policy to Include Painful Diabetic Neuropathy Effective Immediately
Medicare Administrative Carriers Novitas and First Coast Propose Positive Local Coverage Determinations
REDWOOD CITY, Calif., Sept. 1, 2022 /PRNewswire/ -- Nevro Corp. (NYSE: NVRO), a global medical device company that is delivering comprehensive, life-changing solutions for the treatment of chronic pain, today announced that Aetna has updated their spinal cord stimulation (SCS) coverage policy to explicitly cover painful diabetic neuropathy (PDN), effective August 29, 2022. Aetna is one of the largest health plans in the US covering approximately 22 million commercial lives.
Nevro also announced that Novitas and First Coast, the Medicare Administrative Contractors (MACs) that represent Arkansas, Colorado, Delaware, Florida, Louisiana, Maryland, Mississippi, New Jersey, New Mexico, Oklahoma, Pennsylvania and Texas, published their draft Local Coverage Determinations (LCDs) titled, "Nerve Stimulators for Chronic Intractable Pain", which propose updated coverage criteria to include PDN refractory to conventional medical management for SCS devices with an explicit FDA approval to treat PDN. If finalized, these LCDs will mean that Medicare patients in all 50 states will enjoy coverage for PDN and will add approximately 17 million covered Medicare lives. The review of these proposed LCDs is ongoing and potential finalization dates have not yet been determined.
"These are very positive coverage advancements for the significant number of commercial and Medicare patients covered by these carriers, which will provide greater access to Nevro's proprietary 10 kHz Therapy for PDN patients," stated D. Keith Grossman, Chairman, CEO and President of Nevro. "I am particularly pleased with the coverage decision by Aetna, who reconsidered its decision from earlier in the year and changed its SCS coverage policy to explicitly cover painful diabetic neuropathy."
Mr. Grossman continued, "Our reimbursement team is continuing to work closely with payers to provide the published clinical literature for 10 kHz Therapy and to respond to any questions raised during their policy reviews. We believe our strong and growing body of published, peer-reviewed clinical and real-world data will be the basis for further coverage decisions by other major health plans in 2022 and beyond."
This update from Aetna, coupled with the other recent positive coverage decisions from UnitedHealthcare, Blue Cross Blue Shield and Noridian, increases coverage in the US to approximately 54% of PDN patients, up from approximately 25% of patients at the end of 2021. If finalized, the Medicare MAC coverage policies from Novitas and First Coast are expected to increase coverage in the US to approximately 66% of PDN patients.
Internet Posting of Information
Nevro routinely posts information that may be important to investors in the "Investor Relations" section of its website at www.nevro.com. The company encourages investors and potential investors to consult the Nevro website regularly for important information about Nevro.
About Nevro
Headquartered in Redwood City, California, Nevro is a global medical device company focused on delivering comprehensive, life-changing solutions that continue to set the standard for enduring patient outcomes in chronic pain treatment. The company started with a simple mission to help more patients suffering from debilitating pain and developed its proprietary 10 kHz Therapy, an evidence-based, non-pharmacologic innovation that has impacted the lives of more than 80,000 patients globally. Nevro's comprehensive HFX™ spinal cord stimulation (SCS) platform includes a Senza SCS system and support services for the treatment of chronic trunk and limb pain and painful diabetic neuropathy. Senza®, Senza II®, and Senza Omnia™ are the only SCS systems that deliver Nevro's proprietary 10 kHz Therapy. Nevro's unique support services provide every patient with an HFX Coach™ throughout their pain relief journey and every physician with HFX Cloud™ insights for enhanced patient and practice management.
The Senza® System, Senza II™ System, and the Senza® Omnia™ System are the only SCS systems that deliver Nevro's proprietary 10 kHz Therapy. Senza, Senza II, Senza Omnia, HFX, HXF Coach, HFX Cloud, HFX Connect, Nevro and the Nevro logo are trademarks of Nevro Corp.
To learn more about Nevro, connect with us on LinkedIn, Twitter, Facebook and Instagram.
Forward-Looking Statements
In addition to historical information, this press release contains forward-looking statements reflecting the company's current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including: our belief that this coverage update will provide greater access to Nevro's proprietary 10 kHz Therapy for PDN patients; and our belief that our strong and growing body of published, peer-reviewed clinical and real-world data will be the basis for further coverage decisions by other major health plans in 2022 and beyond. These forward-looking statements are based upon information that is currently available to us or our current expectations, speak only as of the date hereof, and are subject to numerous risks and uncertainties, including our ability to successfully commercialize our products; our ability to manufacture our products to meet demand; the level and availability of third-party payor reimbursement for our products; our ability to effectively manage our anticipated growth and the costs and expenses of operating our business; our ability to protect our intellectual property rights and proprietary technologies; our ability to operate our business without infringing the intellectual property rights and proprietary technology of third parties; competition in our industry; additional capital and credit availability; our ability to attract and retain qualified personnel; and product liability claims. These factors, together with those that are described in greater detail in our Annual Report on Form 10-K filed on February 23, 2022, as well as any reports that we may file with the Securities and Exchange Commission in the future, may cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by our forward-looking statements. We expressly disclaim any obligation, except as required by law, or undertaking to update or revise any such forward-looking statements.
Investors and Media:
Julie Dewey, IRC
Nevro Corp.
Chief Corp Communications and Investor Relations Officer
650-433-3247 | julie.dewey@nevro.com
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SOURCE Nevro Corp. | https://www.wibw.com/prnewswire/2022/09/01/nevro-announces-multiple-positive-coverage-updates-treatment-painful-diabetic-neuropathy/ | 2022-09-01T12:09:56Z |
GERMANTOWN, Tenn., Sept. 12, 2022 /PRNewswire/ -- Mid-America Apartment Communities, Inc., or MAA (NYSE: MAA), today announced that MAA senior management will participate in a round table presentation at the Bank of America 2022 Global Real Estate Conference. The presentation will take place on Wednesday, September 14, 2022, at approximately 2:10 p.m. Eastern Time.
A live webcast of the company's presentation will be accessible through the "Corporate Profile" section of the "For Investors" page of MAA's website at www.maac.com on the day of the event.
The webcast replay will be accessible within 24 hours after the conclusion of the live event through December 13, 2022 on the "News & Events" section of the "For Investors" page of MAA's website.
About MAA
MAA is a self-administered real estate investment trust (REIT) and member of the S&P 500. MAA owns or has ownership interest in apartment communities primarily throughout the Southeast, Southwest and Mid-Atlantic regions of the U.S. focused on delivering strong, full-cycle investment performance. For further details, please refer to the "For Investors" page at www.maac.com or contact Investor Relations at investor.relations@maac.com.
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SOURCE MAA | https://www.wibw.com/prnewswire/2022/09/12/maa-participate-bank-america-2022-global-real-estate-conference/ | 2022-09-12T21:50:13Z |
TORONTO, Aug. 10, 2022 /PRNewswire/ - SoftwareReviews, one of the leading sources for insights on the software provider landscape, has published its 2022 Strategic Sourcing Emotional Footprint, identifying three providers as Champions.
Amid an increased focus on mobile tools and cloud technologies to support procurement activities, organizations are looking to dedicated strategic sourcing tools to continuously improve purchasing activities. Typical features of this type of software include capacity management, contract management, and purchasing and procurement management.
To aid organizations searching for the right software solution for procurement strategies, SoftwareReviews has identified the top procurement strategy software providers for the year based on verified survey data collected from 236 end-user reviews. These providers have received high scores on SoftwareReviews' Emotional Footprint.
The Net Emotional Footprint (NEF) of each software provider is a result of aggregated emotional response ratings across the areas of service, negotiation, product impact, conflict resolution, strategy, and innovation. The NEF is a powerful indicator of overall user sentiment toward the provider and its product from the software user's point of view.
The 2022 Strategic Sourcing Software Champions are as follows:
- Scanmarket, 93 NEF, ranked high for being respectful.
- GEP SMART Procurement Software, 85 NEF, ranked high for being generous.
- Jaggaer Sourcing, 81 NEF, ranked high for providing performance enhancements.
SoftwareReviews' comprehensive software reviews provide the most accurate and detailed view of a complicated and ever-changing market. The data comes from real end users who use the software day in and day out and IT professionals who have worked with it intimately through procurement, implementation, and maintenance.
To compare and evaluate software providers using the most in-depth and unbiased analyst reports available, visit SoftwareReviews' dedicated strategic sourcing category page.
For more information about SoftwareReviews, the Data Quadrant, or the Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com and connect via LinkedIn, Twitter, and Facebook.
SoftwareReviews is the most in-depth source of buyer data and insights for the enterprise software market. By collecting customer experience data from business and IT professionals, the SoftwareReviews methodology produces detailed and authentic insights into the experience of evaluating and purchasing enterprise software.
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SOURCE SoftwareReviews | https://www.mysuncoast.com/prnewswire/2022/08/10/these-are-best-strategic-sourcing-software-tools-streamline-purchasing-contract-management-this-year-according-user-reviews/ | 2022-08-10T18:33:36Z |
911 dispatcher who took Buffalo shooting call fired
(CNN) – A 911 dispatcher has been fired after being accused of mishandling a call during the recent mass shooting at a grocery store in Buffalo, New York.
Latisha Rogers, an assistant office manager at the Tops supermarket where a gunman opened fire last month, said she dropped to the ground after hearing the shots and called 911, whispering out of fear the shooter might hear her.
Officials say they teach 911 dispatchers that if someone is whispering, it probably means they’re in trouble, but Rogers said the Buffalo dispatcher responded: “I can’t hear you. Why are you whispering? You don’t have to whisper. They can’t hear you.”
Shortly after that, Rogers said the dispatcher hung up the phone.
The dispatcher was put on administrative leave shortly after the shooting and was let go Thursday.
Erie County leaders called the dispatcher’s tone a “completely inappropriate response” in a “terrible situation.”
Ten people were killed in the shooting and three others were hurt.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/06/03/911-dispatcher-who-took-buffalo-shooting-call-fired/ | 2022-06-03T19:20:41Z |
DALLAS, Sept. 1, 2022 /PRNewswire/ -- Patel Law Group ("PLG"), a leading Texas-based boutique law firm, today announced the coming addition of Kamden Florence-Crawford to its corporate, securities, and M&A team in the firm's Dallas office.
Kamden recently graduated from SMU Dedman School of Law in Dallas. She was the president of the real estate law association and involved in the corporate counsel externship program and the corporate law association. She will focus her practice on advising corporate and business clients regarding mergers, acquisitions, corporate formations, and securities offerings.
"We are excited to continue our growth in the corporate, securities, and M&A practices. We continuously strive to achieve the highest levels of client satisfaction, further growing on the firm's already stellar reputation and growth in the real estate transactional industry, specifically multi-family residential", said Chris Barsness, who leads the corporate and securities practice group at PLG.
With over 20 years of experience, Chris is a corporate and securities lawyer that focuses his practice on corporate transactions, complex financings, fund formation, and securities matters. Chris has worked on a wide range of securities matters for both private and public companies, including hundreds of debt, equity, and hybrid Reg. D private offerings. Chris also served as an adjunct professor of securities law at the University of California – Irvine School of Law and is a local member of the Association of Corporate Growth's Dallas/Fort Worth chapter. He has worked on the buy-side and sell-side on M&A transactions as the lead counsel in deals from under $1 million to $162 million.
Patel Law Group is a full-service law firm providing efficient, results‑driven legal to local, regional, and international clients. From our locations in Dallas and Houston, we leverage broad experience and extensive relationships to deliver results for clients nationwide. With a rolled‑up‑sleeves attitude, we partner with clients of all sizes — individuals, start-ups and established companies — to achieve their objectives in Immigration, Real Estate, Litigation and Corporate law. We take pride in our work and customer service to our clients. We strive everyday to make our firm motto a reality – "Experience. Relationships. Results."
Chris Barsness
(972) 650-6848
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SOURCE Patel Law Group, PLLC | https://www.mysuncoast.com/prnewswire/2022/09/01/dallas-law-firm-patel-law-group-continues-growing-its-corporate-securities-mampa-practice-group/ | 2022-09-01T23:43:58Z |
Leadership changes and new hires to accelerate growth of US business also announced
CHICAGO, July 12, 2022 /PRNewswire/ -- Vitality Group, a global health and well-being solution provider committed to making people healthier, has named information technology, healthcare, and insurance expert Maia Surmava chief executive officer. Surmava, a health veteran hailing from Vitality Group's parent company, Discovery Limited, will accelerate the company's next stage of growth and assume day-to-day leadership of Vitality Group USA this fall.
Surmava began her long-tenured career at Discovery in 2004 as a software developer. As chief information officer for Discovery Health, South Africa's largest private health insurer, she led a high-performing technology team of over 500 people for six years. She delivered Discovery Health's innovative technology and health solutions for the South African private healthcare system. In March 2022, Surmava became Vitality Health's chief information officer, spearheading the global deployment of Vitality Health's technology solutions. In this role, she was instrumental in launching Amplify Health, a pan-Asian health insurtech joint venture between AIA and Discovery Group.
"As CEO Maia will continue to lead the growth of our wellness business and bring to the US our proven global health tech solutions," said Elena Sterlin, senior vice president who oversees Vitality Group USA's portfolio of companies. "Maia's vast experience with health solutions and systems, coupled with our North American team's on-the-ground experience, will be a powerful combination."
Surmava holds degrees in Master of Business Administration from Heriot-Watt University and a BSc in Computer Science and Information Systems from the University of South Africa. Maia also completed business administration courses from the European School of Management and the Oxford Executive Leadership Programme at the University of Oxford, Saïd Business School.
Current Vitality USA CEO Tal Gilbert is moving back to the UK with his family this fall after ten years in the US. Tal will be taking on a new role as general manager, Vitality Health International, as Vitality increasingly looks to expand its global health footprint.
Tanya Little will assume the role of chief commercial officer to align commercial and business strategy. She will oversee sales, product, research and development, and marketing in addition to her current responsibilities managing business strategy, strategic partnerships, and commercial solutions.
Neesha Patel has joined Vitality as senior vice president of Health Plan Solutions to lead Vitality's expansion into partnerships with health plans, providers, and other ancillary health services. Patel was previously an enterprise client executive for athenahealth and has extensive expertise in product strategy, population health, digital innovation, and executing growth strategies across the employer, payer, public, and provider markets.
"I look forwarding to taking on this new role in the US," said Surmava. "We have an exceptionally talented team at Vitality Group, and these leadership changes and additions have us well-positioned to continue our efforts to transform healthcare through innovation and unlock future growth opportunities."
Guided by a core purpose of making people healthier, Vitality is the leader in improving health to unlock outcomes that matter. By blending industry-leading smart tech, data, incentives, and behavioral science, we inspire healthy changes in individuals and organizations. As one of the largest wellness companies in the world, Vitality brings a dynamic and diverse perspective through successful partnerships with the most forward-thinking insurers and employers. More than 27 million people in 38 markets engage in the Vitality program. For more information, visit vitalitygroup.com or follow us on Twitter and LinkedIn.
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SOURCE Vitality Group | https://www.kxii.com/prnewswire/2022/07/12/vitality-group-appoints-health-solutions-technology-expert-maia-surmava-new-ceo/ | 2022-07-12T12:48:51Z |
Major Investment has Sweet Chick Poised For Success and Growth
NEW YORK, May 19, 2022 /PRNewswire/ -- Today, Sweet Chick, a popular New York based restaurant group, received Series A funding from Founder's Table Restaurant Group, parent company of CHOPT Creative Salad Company and Dos Toros Taqueria. The partnership will finance the rapid growth and expansion of Sweet Chick's presence throughout New York City, Los Angeles, and beyond, as well as the completion of the restaurant's transformation to a fast casual model.
Sweet Chick is the 9 year old gourmet chicken & waffles joint out of New York that has created a cultural community phenomenon coast to coast, through popular collaborations with local artists and musicians and being present at some of the biggest festivals throughout the US. With an early investment from Nasir Jones and locations in the five boroughs of New York City and Los Angeles, Sweet Chick has become a beloved treasure in popular culture and the go-to spot for industry who's who when it comes to chicken.
To meet customer's needs during the pandemic, Sweet Chick founder & CEO, John Seymour, pivoted the restaurant brand into a hospitality driven fast casual model to much success. This adaptation is now the vision Seymour has for Sweet Chick's growth moving forward.
"We are extremely excited to be partnering with Founders Table on taking Sweet Chick to the next level," said John Seymour, CEO and Co-Founder of Sweet Chick. "With this partnership and backing, we look to open more locations to serve our delicious food, build our team and spread even more love the Sweet Chick way!"
"Sweet Chick has the two ingredients that embody the spirit of Founders Table - innovative food, with the best chicken and waffles on the planet, and a unique Founder vision driven by John's creativity," said Nick Marsh, CEO of Founders Table. "We are excited to be a part of their growth."
About Sweet Chick:
Founded in 2013, the neighborhood's beloved chicken and waffles joint, Sweet Chick, operates on a simple philosophy: great food, cool vibes, and craft cocktails at a great price. Backed by rap icon Nas, Sweet Chick is loved by music icons and tastemakers as the place to meet us with friends for brunch or late-night dinner. Sweet Chick has locations in New York and Los Angeles. For more information on Sweet Chick, please visit: www.sweetchick.com.
About Founders Table:
Founders Table Restaurant Group launched in January 2020 with a focus on creating, acquiring, and growing innovative, founder-led, line-out-the-door restaurant companies. Chopt Creative Salad Company, Dos Toros Taqueria and Field Trip are part of the Founders Table family of brands. Our vision is for the founders to remain focused on the quality of food and hospitality, while Founders Table builds the operating platform to further scale the businesses. Today, Chopt boasts 70 locations in major markets, Dos Toros operates 21 locations across the New York metropolitan area and Chicago and Field Trip operates 2 restaurants in NYC.
Media Contact
Marvin Roca Jr
The Rose Group
marvin@therosegrp.com
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SOURCE Sweet Chick | https://www.mysuncoast.com/prnewswire/2022/05/19/beloved-chicken-waffle-restaurant-sweet-chick-partners-with-founders-table-fuel-expansion-growth/ | 2022-05-19T14:00:41Z |
ST. IGNACE, Mich., April 20, 2022 /PRNewswire/ -- Star Line Mackinac Island Hydro-Jet® Ferry, the most affordable longest running ferry service to Mackinac Island Michigan, announced their plans today to change its name to Mackinac Island Ferry Company and introduced a new logo for the new brand, which will be fully rolled out by the end of 2023. During this transition, the company will be referred to as Star Line Mackinac Island Ferry Company. The new name is designed to place all brand assets currently owned under the Mackinac Island Ferry Company umbrella of brands. Mackinac Island Ferry Company owns the Star Line Mackinac Island Hydro-Jet® Ferry branded fleet of ferries, the former Arnold Line Ferry fleet, and Mackinac Marine Services (MMS) shipyard. The company is best known for their high-speed hydro-jet rooster tail boats, family-friendly atmosphere, and most frequent number of trips to and from Mackinac Island and underneath the Mackinac Bridge. The announcement was made by CEO of Mackinac Island Ferry Company Jerry Fetty just as the company kicks off the official opening day of Mackinac Island, April 21, 2022, when island guests begin riding the ferries to and from Mackinac Island from Mackinac City and St. Ignace for the summer season. For the new transition logo click here; for ferry photos click here; for company history click here. Visit Star Line Mackinac Island Ferry Company at www.mackinacferry.com
"The new name is easily recognizable to our customers and, while our name will change, we continue to be committed to providing the same great service, enjoyable rides and on time arrivals and departures that our guests have become accustomed to," said Jerry Fetty, CEO of Mackinac Island Ferry Company. "This collection of Mackinac Island Ferry companies has been a prominent group of legacy Michigan brands since 1878. From a business perspective, the strategic name change is a result of their accumulation under one company, allowing us to leverage a single brand name."
The new Mackinac Island Ferry Company logo uses a font that harkens back to a simpler time, much like the feeling Mackinac Island visitors experience during their island excursions. As part of a natural transition of the brand name, the Star Line brand logo will continue to be used during this summer season and then will be phased out through 2023. Visitors will begin to see the new logo added onto the Star Line dock signage throughout summer 2022.
For years, Star Line Mackinac Island Ferry Company has been best known for their famous high-speed Hydro-Jet® rooster tail boats and is the largest ferry fleet in Michigan providing its customers the most options for ferry service. Mackinac Marine Services (MMS) is a shipyard with a capacity to lift a ship or boat up to 200 metric tons in or out of the water for maintenance, repairs, inspections (including commercial boats, luxury yacht maintenance and boat winterizing).
For more information on Star Line Mackinac Island Ferry Company, visit www.mackinacferry.com
About Star Line Mackinac Island Ferry Company
St. Ignace, Mich. based Mackinac Island Ferry Company and its acquired lines of ferries began serving Mackinac Island in 1878 and has since been ferrying families and islanders from Mackinaw City and St. Ignace to Mackinac Island. The company is best known for their high-speed hydro-jet rooster tail boats, family-friendly atmosphere, most frequent number of trips to and from Mackinac Island and underneath the Mackinac Bridge. In addition to five classic ferries, Mackinac Island Ferry Company ferry boats include the Mackinac Express catamaran, Marquette II, Radisson, Cadillac, Joliet, LaSalle, and Anna May and the pirate ship Good Fortune. Mackinac Marine Services is located in St. Ignace, Mich., and provides boatyard and services for commercial and recreational boat needs. Mackinac Marine Services currently has a 200 metric ton lift, winter and summer boat storage, fiberglass repair, fabricating and mechanical work, welding, power washing and shrink-wrapping services. Mackinac Marine Services is owned and operated by Star Line Mackinac Island Ferry Company.
CONTACT: Pat Baskin, CKC Agency
pat@ckcagency.com
M: 248-318-0095
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SOURCE Star Line Mackinac Island Ferry Company | https://www.wibw.com/prnewswire/2022/04/20/2022-ferry-season-mackinac-island-opens-star-line-mackinac-island-hydro-jet-ferry-announces-new-name-mackinac-island-ferry-company/ | 2022-04-20T12:57:17Z |
Superyacht swallowed by the sea off coast of Italy
Published: Aug. 23, 2022 at 10:57 AM CDT|Updated: 42 minutes ago
(CNN) - Questions abound after a massive,130-foot luxury vessel sank in the ocean near Italy.
The whole thing was caught on camera.
Authorities are investigating what led to the superyacht suddenly sinking nine miles off the coast.
The shocking video shows the impressive vessel slowly disappearing. It was shared by the Italian Coast Guard, who rescued nine people off it.
Local reports say rough weather conditions made a tugboat salvage of the yacht impossible.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/08/23/superyacht-swallowed-by-sea-off-coast-italy/ | 2022-08-23T16:40:38Z |
STATE COLLEGE, Pa., May 18, 2022 /PRNewswire/ -- KCF Technologies, a leading provider of machine health optimization platform, and U.S. Well Services, Inc. (NASDAQ: USWS), today announced an industry first integration between electric frac pump control systems for fully automated pump controls.
KCF's fault detection automation engine, MachineIQ, allows U.S. Well Services to run their fleets intelligently and safely. With state-of-the-art KCF vibration sensors, MachineIQ provides actionable suggestions to operators based on live health data locally at the job site. Thus, operators are constantly aware of the health of every individual pump without entering the redzone.
With U.S. Well Services' next generation Clean Fleet®, Nyx, MachineIQ will be transmitting the operational suggestions directly into U.S. Well Services' Health Automation Server. Taking into account numerous systems and the associated data every second, U.S. Well Services Health Automation Server will talk to the Control System, provided by Approach Controls, which will autonomously balance the pumping load between the multiple pumps on site.
"U.S. Well Services continues to be on the leading edge of digitalization and automation in our industry, innovating next-generation pressure pumping technologies. Our use of advanced IoT and control systems paired with MachineIQ enables our electric fleets to deliver the highest levels of efficiency, safety and economic value." – Mr. Kyle O'Neill, President and CEO of U.S. Well Services
Integration Benefits of Automated Pump Controls:
- Avoiding catastrophic failures, excessive maintenance, and lost production time, U.S. Well Services has realized significant savings since starting their partnership with KCF Technologies in 2014, achieving best-in-class results driven by crew engagement and execution.
- Continuous monitoring of equipment eliminates the safety threat encountered when entering the red zone.
- Efficiencies are gained by increasing pumping hours per day through reduction in equipment failure, iron failure, and downtime.
"Automation means costly, dangerous anomalies that threaten job safety can be addressed in milliseconds compared to the minutes, hours, or days it might have taken in the past." – Dr. Jeremy Frank, CEO of KCF Technologies
KCF Technologies and U.S. Well Services' engineers have collaborated since 2014 on pump health data for both diesel and electric frac pump units and frac blenders. They performed equipment teardowns and monitored pressure signatures that indicate various internal pump faults or poor operating conditions. In 2021 U.S. Well Services' IoT System began streaming data directly to KCF's MachineIQ algorithm. These learnings, coupled with U.S. Well Services' IoT Platform and KCF's industry knowledge, have led to AI, ML, and advanced analytics that deliver fully automate pump controls. U.S. Well Services' clients are benefiting from the first move advantages of pursuing health based automated pump controls while unlocking the full potential of years' worth of data. Initial results of the effort indicate U.S. Well Services' Clean Fleets® are operating at a more consistent rate and at a higher safety level than conventionally seen in the industry. Patented Clean Fleet® technology is the first fully electric, fully mobile well stimulation system powered by natural gas and will now be the first electric frac pump controls to be completely automated in the industry.
About KCF Technologies:
KCF is on a mission to permanently solve the complex asset problems that have plagued industry. Our team develops technology and services that empower industrial businesses to eliminate unplanned downtime, optimize their operations, and outpace their competition. For more information on SMARTdiagnostics 4.0, visit www.kcftech.com.
About U.S. Well Services
U.S. Well Services, Inc. is a leading provider of pressure pumping services and a market leader in electric fracture stimulation. The Company's patented electric frac technology provides one of the first fully electric, mobile well stimulation systems powered by locally-supplied natural gas, including field gas sourced directly from the wellhead. U.S. Well Services' electric frac technology dramatically decreases emissions and sound pollution while generating exceptional operational efficiencies, including significant customer fuel cost savings versus conventional diesel fleets. For more information visit: www.uswellservices.com.
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SOURCE KCF Technologies, Inc. | https://www.wibw.com/prnewswire/2022/05/18/us-well-services-kcf-technologies-announce-integration-electric-frac-with-fully-automated-pump-control/ | 2022-05-18T12:44:26Z |
MCLEAN, Va., May 12, 2022 /PRNewswire/ -- Arlington Asset Investment Corp. (NYSE: AAIC) (the "Company" or "Arlington") today reported financial results for the quarter ended March 31, 2022.
First Quarter 2022 Financial Highlights
- $6.19 per common share of book value
- $0.12 per diluted common share of GAAP net loss
- $0.05 per diluted common share of non-GAAP core operating income[1]
- $0.09 per common share of book value accretion from the repurchase of 3.3% of the outstanding shares of common stock
- 1.3 to 1 "at risk" leverage ratio
"Over the last 24 months, we have thoroughly repositioned Arlington from a primarily levered agency MBS strategy to one focused on establishing multiple high return, non-commodity investment channels in mortgage servicing rights ("MSRs"), single-family residential ("SFR") rental properties and select credit investments.
"The execution of this strategy has enabled the Company to produce outsized recent returns relative to other residential mortgage REITs, evidenced by the Company generating an economic return that was among the top 10% of its peers over the last six months," said J. Rock Tonkel, Jr., the Company's President and Chief Executive Officer.
"The actions taken by the Company allowed us to grow book value during a time when traditional mortgage REITs have been battling an exceptionally volatile market environment. Today, the Company has a flexible investment platform across multiple residential asset classes that has created high returns while operating with low leverage and high liquidity.
"As you see from our recent results, the Company's differentiated strategy is well suited to perform in various market conditions. Having grown to 50% of investment capital, our MSR portfolio produced strong results again during the first quarter and has generated a 53% annualized return since its initial formation in late 2020. Our SFR portfolio has reached $177 million as of today with a strong net unlevered yield of 4.9% and anticipated total returns in the double digits.
"Today we also announced the signing of an agreement to sell a portion of our SFR portfolio at an expected significant gain driven primarily by a bulk premium for a portfolio of leased homes in attractive markets. Once consummated, we expect the sale to add approximately $0.45 per share or 7% to our first quarter ended book value. Following the expected completion of that sale near the end of the second quarter, we expect to continue the growth of our SFR platform to its fully ramped scale of approximately $200 million of homes, subject to market conditions, utilizing our attractive five-year fixed cost financing facility alongside our $55 million capital allocation. Looking forward, we are encouraged by the potential upside to future earnings from the full ramp of our SFR portfolio.
"We continue to believe there is greater value in Arlington's business than the public markets recognize. Until we believe the stock price more accurately reflects the intrinsic value of Arlington's business, the Company and its insiders expect to continue to purchase shares of the Company's stock. Since reinstituting our current common stock repurchase program in 2020, the Company has aggressively returned capital to shareholders by purchasing over 23% of its outstanding shares, delivering $0.68 per share of accretion to shareholders.
"We remain optimistic that our strategy can continue to drive economic returns which we believe the market will reward shareholders over time."
First Quarter Investment Portfolio
As of March 31, 2022, the Company's investment portfolio capital allocation was as follows:
MSR Related Investments
The Company is party to agreements with a licensed, U.S. government sponsored enterprise ("GSE") approved residential mortgage loan servicer that enable the Company to garner the economic return of an investment in an MSR purchased by the mortgage servicing counterparty. The arrangement allows the Company to participate in the economic benefits of investing in an MSR without holding the requisite licenses to purchase or hold MSRs directly. Under the terms of the arrangement, the Company provides capital to the mortgage servicing counterparty to purchase MSRs directly and the Company, in turn, receives all the economic benefits of the MSRs less a fee payable to the counterparty. At the Company's option, the mortgage servicing counterparty could utilize leverage on the MSRs to which the Company's MSR financing receivables are referenced to finance the purchase of additional MSRs to increase potential returns to the Company. The transactions are accounted for as a financing receivable on the Company's consolidated financial statements.
The Company's MSR financing receivable investments as of March 31, 2022 are summarized below:
As of March 31, 2022, the mortgage servicing counterparty has drawn $43.9 million of financing under its credit facility collateralized by the MSRs to which the Company's MSR financing receivables are referenced, resulting in an implicit leverage ratio of 0.32 to 1. The weighted average yield on the Company's MSR financing receivables was 12.49% for the first quarter of 2022 compared to 9.63% for the fourth quarter of 2021.
Single-family Residential Investments
As of March 31, 2022, the Company had acquired 405 single family residential ("SFR") properties for a total cost of $122 million and had commitments to acquire an additional 49 SFR properties for an aggregate purchase price of $15 million. The timing of the earnings benefit to the Company from investing in SFR rental properties will be dictated by the pace of home purchases, the level of any property level refurbishments required after purchase and the length of the lease marketing period. The Company expects the time period between the date of settlement of the home purchase to the date the house is occupied by a tenant to average between 30 to 60 days. During the period prior to a lease commencement, the Company is incurring costs to hold the property including real estate taxes, insurance, homeowner association fees and interest costs.
As of March 31, 2022, the Company's SFR portfolio is summarized below:
As of March 31, 2022, the Company has drawn $78.1 million under its $150 million credit facility. Advances may be drawn up to 74% of the fair value of eligible SFR properties with an advance period that expires in March 2023 with outstanding principal balance due in October 2026. Advances under the facility bear interest at a fixed rate of 2.76%.
Credit Investments
The Company's credit investments generally include mortgage loans secured by residential or commercial real property or MBS collateralized by residential or commercial mortgage loans or residential solar panel loans ("non-agency" MBS or ABS). As of March 31, 2022, the Company's $83.1 million credit investment portfolio at fair value was comprised of the following:
As of March 31, 2022, the Company had a $20.7 million repurchase agreement outstanding with a rate of 2.86% and remaining maturity of 351 days secured by a $29.6 million commercial mortgage loan at fair value. As of March 31, 2022, the Company did not have any repurchase agreements outstanding secured by non-agency MBS or ABS.
During the first quarter of 2022, the Company purchased the first loss piece and excess interest only strip in a recently issued securitization of performing non-qualified residential mortgage loans for $20.6 million. As a result of an option to purchase delinquent loans from the trust, the Company consolidates for financial reporting purposes the underlying mortgage loan collateral and term notes issued by the trust. The term notes issued by the trust have recourse solely to the assets of the trust with no recourse to the Company.
Agency MBS
The Company's agency MBS consist of residential mortgage pass-through certificates for which the principal and interest payments are guaranteed by a U.S. government sponsored enterprise ("GSE"), such as the Federal National Mortgage Association ("Fannie Mae") or the Federal Home Loan Mortgage Corporation ("Freddie Mac"). As of March 31, 2022, the Company's agency MBS investment portfolio totaled $292 million at fair value consisting entirely of specified agency MBS comprised of the following:
The Company's weighted average yield on its agency MBS was 1.52% for the first quarter of 2022 compared to 1.53% for the fourth quarter of 2021, and the actual weighted-average constant prepayment rate ("CPR") for the Company's agency MBS was 9.01% for the first quarter of 2022 compared to 7.43% for the fourth quarter of 2021.
As of March 31, 2022, the Company had $264.1 million of repurchase agreements outstanding with a weighted average rate of 0.36% and remaining weighted average maturity of 13 days secured by an aggregate of $279.9 million of agency MBS at fair value. The Company's weighted average cost of repurchase agreement funding secured by agency MBS was 0.17% during the first quarter of 2022 compared to 0.12% during the fourth quarter of 2021.
The Company enters into various hedging transactions to mitigate the interest rate sensitivity of its cost borrowing and the value of its fixed-rate agency MBS. Under the terms of the Company's interest rate swap agreements, the Company pays semiannual interest payments based on a fixed rate and receives variable interest payments based upon either the prevailing three-month London Interbank Offered Rate ("LIBOR") or Secured Overnight Financing Rate ("SOFR"). As of March 31, 2022, the Company's interest swap agreements were comprised of the following:
The Company's weighted average net pay rate of its interest rate swap agreements was 0.68% during the first quarter of 2022 compared to 0.69% during the fourth quarter of 2021. Under GAAP, the Company has not designated these transactions as hedging instruments for financial reporting purposes and, therefore, all gains and losses on its hedging instruments are recorded as net investment gains and losses in the Company's financial statements.
Other First Quarter 2022 Financial Highlights
The Company's book value was $6.19 per common share as of March 31, 2022 compared to $6.16 per common share as of December 31, 2021. Book value per common share is calculated as total equity plus accumulated depreciation of SFR properties less the preferred stock liquidation preference divided by common shares outstanding plus vested restricted stock units convertible into common stock less unvested restricted common stock.
The Company's "at risk" leverage ratio was 1.3 to 1 as of March 31, 2022 compared to 1.5 to 1 as of December 31, 2021. The Company's "at risk" leverage ratio is calculated as the sum of the Company's repurchase agreement financing, long-term debt secured by single-family properties, net payable or receivable for unsettled securities, net contractual price of TBA commitments and financing embedded in its MSR financing receivables less cash and cash equivalents compared to the Company's investable capital measured as the sum of the Company's shareholders' equity and long-term unsecured debt.
During the first quarter of 2022, the Company repurchased 1.0 million shares of its common stock at an average price of $3.44 per share for a total purchase cost of $3.5 million, representing 3.3% of common stock outstanding as of December 31, 2021. Subsequent to March 31, 2022, the Company repurchased an additional 0.6 million shares of its common stock at an average price of $3.39 per share for a total purchase cost of $2.0 million, representing 2.0% of common stock outstanding as of March 31, 2022. Currently, the Company has remaining authorization from its Board of Directors to repurchase up to 11.4 million shares of its common stock.
Pending Partial Sale of Single-Family Residential Properties
On May 10, 2022, the Company entered into a purchase and sale agreement to sell 378 SFR properties for $132.75 million, excluding any transaction costs and fees. The 378 properties have an estimated all-in-cost of $115 million, which includes the purchase price of the properties, closing costs and initial rehabilitation costs. Pursuant to the agreement, the buyer may, for any reason or no reason at all, and in its sole and absolute discretion, terminate the agreement during a due diligence period that ends May 30, 2022. Prior to settlement, the buyer can remove up to 5% of the SFR properties from the sale transaction. If ultimately consummated, the sale is expected to settle late in the second quarter.
Conference Call
The Company will hold a conference call for investors at 10:00 A.M. Eastern Time on Thursday, May 13, 2022 to discuss the Company's first quarter 2022 results.
Investors may listen to the earnings call via the internet at: http://www.arlingtonasset.com/index.php?s=19. Replays of the earnings call will be available for 60 days via webcast at the Internet address provided above, beginning two hours after the call ends.
Additional Information
The Company will make available additional quarterly information for the benefit of its shareholders through a supplemental presentation that will be available at the Company's website, www.arlingtonasset.com. The presentation will be available on the Webcasts and Presentations section located under the Updates & Events tab of the Company's website.
About the Company
Arlington Asset Investment Corp. (NYSE: AAIC) currently invests primarily in mortgage related and residential real estate and has elected to be taxed as a REIT. The Company is headquartered in the Washington, D.C. metropolitan area. For more information, please visit www.arlingtonasset.com.
Statements concerning interest rates, portfolio allocation, financing costs, portfolio hedging, prepayments, dividends, book value, utilization of loss carryforwards, any change in long-term tax structures (including any REIT election), use of equity raise proceeds and any other guidance on present or future periods constitute forward-looking statements that are subject to a number of factors, risks and uncertainties that might cause actual results to differ materially from stated expectations or current circumstances. These factors include, but are not limited to, the uncertainty and economic impact of the ongoing coronavirus (COVID-19) pandemic and the measures taken by the government to address it, including the impact on our business, financial condition, liquidity and results of operations due to a significant decrease in economic activity and disruptions in our financing operations, among other factors, changes in interest rates, increased costs of borrowing, decreased interest spreads, credit risks underlying the Company's assets, especially related to the Company's mortgage credit investments, our ability to close on the sale of single-family residential homes described herein, and to realize the expected benefits from such sale, changes in political and monetary policies, changes in default rates, changes in prepayment rates and other assumptions underlying our estimates related to our projections of future core earnings, changes in the Company's returns, changes in the use of the Company's tax benefits, the Company's ability to qualify and maintain qualification as a REIT, changes in the agency MBS asset yield, changes in the Company's monetization of net operating loss carryforwards, changes in the Company's investment strategy, changes in the Company's ability to generate cash earnings and dividends, preservation and utilization of the Company's net operating loss and net capital loss carryforwards, impacts of changes to and changes by Fannie Mae and Freddie Mac, actions taken by the U.S. Federal Reserve, the Federal Housing Finance Agency and the U.S. Treasury, availability of opportunities that meet or exceed the Company's risk adjusted return expectations, ability and willingness to make future dividends, ability to generate sufficient cash through retained earnings to satisfy capital needs, and general economic, political, regulatory and market conditions. These and other material risks are described in the Company's most recent Annual Report on Form 10-K and any other documents filed by the Company with the SEC from time to time, which are available from the Company and from the SEC, and you should read and understand these risks when evaluating any forward-looking statement. All forward-looking statements speak only as of the date on which they are made. New risks and uncertainties arise over time, and it is not possible to predict those events or how they may affect the Company. Except as required by law, the Company is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Financial data to follow
Non-GAAP Core Operating Income
In addition to the Company's results of operations determined in accordance with generally accepted accounting principles as consistently applied in the United States ("GAAP"), the Company also reports "non-GAAP core operating income." The Company defines core operating income as "economic net interest income from financial assets" and "net operating income from SFR properties, excluding depreciation," less "core general and administrative expenses," long-term unsecured debt interest expense, preferred stock dividends and an "income tax provision for taxable REIT subsidiary ("TRS") core operating income."
Economic Net Interest Income from Financial Assets
Economic net interest income from financial assets, a non-GAAP financial measure, is comprised of the following:
- total interest and other income from our investments in interest-bearing securities, loans and other financial assets;
- TBA dollar roll income, which represents the implied net interest income earned from the agency MBS which underlie, and are implicitly financed through, our TBA dollar roll transactions. TBA dollar income is calculated as the price discount of a forward-settling purchase of a TBA agency MBS relative to the "spot" sale of the same security, earned ratably over the period beginning on the settlement date of the sale and ending on the settlement date of the forward-settling purchase; net of
- interest expense incurred from repurchase agreements or other financing arrangements secured by our investments in interest-bearing financial assets; and
- net interest income earned or expense incurred from interest rate swap agreements.
In the Company's consolidated statements of comprehensive income prepared in accordance with GAAP, TBA dollar roll income and the net interest income earned or expense incurred from interest rate swap agreements are reported as a component of the overall periodic change in the fair value of derivative instruments within the line item "investment and derivative gain (loss), net." We believe that economic net interest income from financial assets assists investors in understanding and evaluating the financial performance of the Company's long-term-focused, net interest spread-based investment strategy, prior to the deduction of core general and administrative expenses and the costs of corporate financing.
Net Operating Income (Loss) from SFR Properties, Excluding Depreciation
Net operating income (loss) from SFR properties, excluding depreciation, represents the operating income (loss) of the Company's SFR properties determined in accordance with GAAP plus the depreciation and amortization of the SFR properties. Net operating income (loss) from SFR properties, excluding depreciation is comprised of the following:
- rent revenues from single-family properties; net of
- single-family property operating expenses; and
- interest expense incurred from long-term debt secured by single-family properties.
Core General and Administrative Expenses
Core general and administrative expenses are non-interest expenses reported within the line item "total general and administrative expenses" of the consolidated statements of comprehensive income less stock-based compensation expense.
Income Tax Provision for TRS Core Operating Income
Our TRSs are subject to U.S. federal and state corporate income taxes. Our computation of core operating income includes a provision for income taxes on the core operating income of our TRSs. The core operating income of our TRSs is comprised of net interest income generated by our TRSs net of our TRSs' general and administrative expenses. In our consolidated statements of comprehensive income prepared in accordance with GAAP, the "income tax provision (benefit)" includes (i) the income tax provision for TRS core operating income and (ii) an income tax provision for (or benefit from) periodic increases (or decreases) in the fair value of the investments of our TRSs, which are recognized in net income as a component of "investment and derivative gain (loss) net."
Non-GAAP Core Operating Income Results
The following table presents the Company's computation of economic net interest income and core operating income for the last four fiscal quarters (unaudited, amounts in thousands, except per share amounts):
The following table provides a reconciliation of GAAP net income (loss) to non-GAAP core operating income for the last four fiscal quarters (unaudited, amounts in thousands):
Non-GAAP core operating income is used by management to evaluate the financial performance of the Company's long-term investment strategy and core business activities over periods of time as well as assist with the determination of the appropriate level of periodic dividends to common stockholders. The Company believes that non-GAAP core operating income assists investors in understanding and evaluating the financial performance of the Company's long-term investment strategy and core business activities over periods of time as well as its earnings capacity. A limitation of utilizing this non-GAAP financial measure is that the effect of accounting for "non-core" events or transactions in accordance with GAAP does, in fact, reflect the financial results of our business and these effects should not be ignored when evaluating and analyzing our financial results. In addition, the Company's calculation of non-GAAP core operating income may not be comparable to other similarly titled measures of other companies. Therefore, the Company believes that net income determined in accordance with GAAP should be considered in conjunction with non-GAAP core operating income. Furthermore, there may be differences between non-GAAP core operating income and taxable income determined in accordance with the Internal Revenue Code. As a REIT, the Company will be required to distribute at least 90% of its REIT taxable income (subject to certain adjustments) to qualify as a REIT and all of its taxable income in order to not be subject to any U.S. Federal or state corporate income taxes. Accordingly, non-GAAP core operating income may not equal the Company's distribution requirements as a REIT.
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SOURCE Arlington Asset Investment Corp. | https://www.wibw.com/prnewswire/2022/05/13/arlington-asset-investment-corp-reports-first-quarter-2022-financial-results/ | 2022-05-13T06:03:28Z |
Twitter whistleblower bringing security warnings to Congress
WASHINGTON (AP) — Peiter “Mudge” Zatko, the Twitter whistleblower who is warning of security flaws, privacy threats and lax controls at the social platform, will take his case to Congress on Tuesday.
Senators who will hear Zatko’s testimony before the Senate Judiciary Committee are alarmed by his Twitter allegations at a time of heightened concern over the safety of powerful tech platforms.
It’s Zatko’s second Capitol Hill appearance, and in some ways a 21st-century echo of his first. In 1998, he testified before a Senate panel along with fellow members of a hacker collective who warned about the security dangers of the then-emerging internet age.
Zatko, a respected cybersecurity expert, was Twitter’s head of security until he was fired early this year. He has brought the stunning allegations to Congress and federal regulators, asserting that the influential social platform misled regulators about its cyber defenses and efforts to control millions of “spam” or fake accounts.
Sen. Dick Durbin, the Illinois Democrat who chairs the panel, has said that if Zatko’s claims are accurate, “they may show dangerous data-privacy and security risks for Twitter users around the world.”
Zatko’s accusations are also playing into billionaire tycoon Elon Musk’s battle with Twitter. The Tesla CEO is trying to get out of his $44 billion bid to buy the company; Twitter has sued to force him to complete the deal. The Delaware judge overseeing that case ruled last week that Musk can include new evidence related to Zatko’s allegations in the high-stakes trial set to start Oct. 17.
The allegation that Twitter engaged in deception in its handling of automated “spam bot” accounts is at the core of Musk’s attempt to back out of the Twitter deal.
At the same time, many of Zatko’s claims are uncorroborated and appear to have little documentary support. In a statement, Twitter has called Zatko’s description of events “a false narrative.”
Also on Tuesday, Twitter’s shareholders are scheduled to vote on the company’s pending buyout by Musk. The vote is something of a formality given that the deal is on hold while the court case plays out. But if the measure passes as expected, it would also pave the way for a Musk takeover should Twitter prevail in court.
Zatko also filed complaints with the Justice Department, the Federal Trade Commission and the Securities and Exchange Commission. Among his most serious accusations is that Twitter violated the terms of a 2011 FTC settlement by falsely claiming that it had put stronger measures in place to protect the security and privacy of its users.
The SEC is questioning Twitter about how it counts fake accounts on its platform. Twitter uses counts of its presumably real users to attract advertisers, whose payments make up about 90% of its revenue. The “spam bots” have no value to advertisers because there’s no person behind them.
San Francisco-based Twitter has an estimated 238 million daily active users worldwide. The company says it removes 1 million spam accounts daily.
Zatko’s 84-page complaint alleges that he found “extreme, egregious deficiencies” on the platform, including issues with “user privacy, digital and physical security, and platform integrity/content moderation.”
It accuses CEO Parag Agrawal and other senior executives and board members of making “false and misleading statements to users and the FTC” about these issues. Twitter denies those claims and said that Zatko was fired in January for “ineffective leadership and poor performance.” Zatko’s attorneys say the performance claim is false.
Twitter also hinted that Zatko’s complaint might be designed to bolster Musk’s legal fight with the company. Twitter called Zatko’s complaint “a false narrative” that is “riddled with inconsistencies and inaccuracies, and lacks important context.”
News of Zatko’s complaint surfaced on Aug. 23, almost two months before the Twitter-Musk trial is scheduled to begin. . One of Zatko’s attorneys has said “he’s never met Elon Musk. Doesn’t know Elon Musk. They know people in common.”
The company also says it has significantly tightened security since 2020.
Among Zatko’s specific allegations:
— The company had such poor cybersecurity that it easily could have been exposed to outside attacks or attempts to siphon off its internal data.
—The company lacked effective leadership, with its top executives practicing “deliberate ignorance” of pressing problems. Zatko described former CEO Jack Dorsey as “extremely disengaged” during the last months of his tenure, to the point where he wouldn’t even speak during meetings on complex issues. Dorsey stepped down in November 2021.
—That Twitter knowingly allowed the government of India to place its agents on the company payroll, where they had “direct unsupervised access” to highly sensitive data on users. It makes a parallel but less detailed accusation that Twitter took funding from unidentified Chinese entities who may have gained access enabling them to access the identities and sensitive data of Chinese users who secretly use Twitter, which is officially banned in China.
Better known by his hacker handle “Mudge,” Zatko, 51, first gained prominence in the 1990s. He was the best-known member of the Boston-based collective L0pht, which pioneered ethical hacking, embarrassing companies including Microsoft for poor security. His work raised awareness in the computing world that forced such major companies to take security seriously. He co-founded the consultancy @Stake, which was later acquired by Symantec.
Zatko later worked in senior positions at the Pentagon’s Defense Advanced Research Projects Agency and Google. He joined Twitter at Dorsey’s urging in late 2020, the same year the company suffered an embarrassing security breach involving hackers who broke into the Twitter accounts of world leaders, celebrities and tech moguls, including Musk, in an attempt to scam their followers out of bitcoin.
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AP technology writers Frank Bajak in Boston and Matt O’Brien in Providence, Rhode Island, contributed to this report.
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Follow Marcy Gordon at https://twitter.com/mgordonap
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/09/12/twitter-whistleblower-bringing-security-warnings-congress/ | 2022-09-12T21:02:31Z |
MILWAUKEE, April 8, 2022 /PRNewswire/ -- Northwestern Mutual announced today that over 100 of its financial advisors – more than ever before – have been listed among the best in their state according to a ranking by Forbes.
"Northwestern Mutual's dedicated and highly skilled financial advisors continue to set new standards and break records in wealth management," said Aditi Javeri Gokhale, the company's chief strategy officer, president of retail investments and head of institutional investments. "I'm deeply grateful for our advisors' tireless efforts to help a growing number of Americans plan for the future, and thrilled to see the well-deserved recognition they continue to earn for delivering greater value and peace of mind to the clients they proudly serve."
Forbes Best-In-State Wealth Advisors are nominated by their firms, and each advisor is thoroughly vetted, interviewed, and assigned a ranking by SHOOK Research. SHOOK takes a wide variety of factors into consideration when evaluating nominees, including industry experience, compliance records, revenue produced and assets under management. Forbes receives more than 30,000 applicants annually, and only a small percentage are named among the best wealth advisors in their state.
The Northwestern Mutual advisors recognized in Forbes' 2022 Best-In-State Wealth Advisors list are:
About Northwestern Mutual
Northwestern Mutual has been helping people and businesses achieve financial security for more than 165 years. Through a holistic planning approach, Northwestern Mutual combines the expertise of its financial professionals with a personalized digital experience and industry-leading products to help its clients plan for what's most important. With more than $570 billion in combined company and client assets, $34 billion in revenues, and $2.1 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to nearly five million people with life, disability income and long-term care insurance, annuities, and brokerage and advisory services. Northwestern Mutual ranked 90 on the 2021 FORTUNE 500 and was recognized by FORTUNE® as one of the "World's Most Admired" life insurance companies in 2022.
Northwestern Mutual is the marketing name for The Northwestern Mutual Life Insurance Company (NM), Milwaukee, WI (life and disability insurance, annuities, and life insurance with long-term care benefits) and its subsidiaries. Subsidiaries include Northwestern Mutual Investment Services, LLC (NMIS) (investment brokerage services), broker-dealer, registered investment adviser, member FINRA and SIPC; the Northwestern Mutual Wealth Management Company® (NMWMC) (investment advisory and services), federal savings bank; and Northwestern Long Term Care Insurance Company (NLTC) (long-term care insurance). Not all Northwestern Mutual representatives are advisors. Only those representatives with "Advisor" in their title or who otherwise disclose their status as an advisor of NMWMC are credentialed as NMWMC representatives to provide investment advisory services.
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SOURCE Northwestern Mutual | https://www.mysuncoast.com/prnewswire/2022/04/08/northwestern-mutual-boasts-record-number-wealth-advisors-new-forbes-best-in-state-ranking/ | 2022-04-08T17:33:48Z |
WASHINGTON (NEXSTAR) — Sen. Ed Markey (D-Mass.) is back in the U.S after his trip to Asia. He says his recent trip to Taiwan was the right thing to do.
“We must continue to stand up for free speech, human rights, and political and civil rights,” Markey said.
Markey called the negative response from the Chinese government, which included increased military tests near the island, an overreaction.
“We made it very clear that our goal was to attempt to maintain peaceful relations between Taiwan and China to ensure that we put policies in place,” Markey said.
He says the U.S is focused on working with its partners in the region to promote clean energy and climate action, while also strengthening Taiwan.
“So that they can try to maintain this peaceful relationship across the straits,” Markey said.
Markey visited with leaders in not only Taiwan, but also in South Korea, Cambodia and the Philippines.
“I discussed with leaders how we can work together to champion universal values across the region,” Markey said.
State Department Spokesperson Ned Price says it’s a region the U.S. is closely monitoring.
“It is our goal to defend, to preserve stability across the Taiwan strait, to preserve the status quo,” Price said.
But both Markey and Price said that stability benefits everyone in the region. | https://cw33.com/news/washington-dc-bureau/sen-markey-emphasizes-maintaining-peaceful-relations-after-trip-to-asia/ | 2022-08-24T00:20:58Z |
NEWARK, N.J. (WPIX) — A worker for United Airlines was fired after getting into a bloody, caught-on-video fight with a traveler at Newark Airport, a company spokesperson told Nexstar’s WPIX on Tuesday.
Videos of the brawl were posted to Twitter on Sunday and quickly went viral. The incident happened on Thursday just after 11 a.m., according to the Port Authority of New York and New Jersey, which operates the airport.
A traveler in a black hooded sweatshirt and the worker — wearing a white shirt and black vest — were arguing when the worker hit the other man in the face, both videos show. The man in the hoodie hits back, throwing multiple punches that sent the worker careening backward into a check-in table and then to the ground.
When the worker stood up, blood was smeared across the top of his face, both videos show. The two men continued to argue until other airport workers stepped in.
In a series of tweets on Monday, former NFL player Brendan Langley identified himself as the man in the hooded sweatshirt. He claimed the worker followed him and escalated the situation before people started recording the fight.
“Every angle shows me walking away from buddy, I had a whole a– flight that morning I did not want any smoke! He followed me all the way down to the kiosk just to cause me bodily harm. I’m honestly still shocked,” he tweeted. “[You] can clearly see soooo many @united employees watching everything unfold while I’m basically begging for help. Craziest part not one of them helped de-escalate the situation! It was like they wanted it to happen. Like I had a target on my back.”
Port Authority police took Langley into custody following the fight, an agency spokesperson told WPIX on Tuesday. He was charged with simple assault and released on his own recognizance.
The unidentified worker was an employee of United Ground Express, a subsidiary of United Airlines, according to a company spokesperson. He was not taken into custody following the fight, the spokesperson told WPIX on Monday. The airline is cooperating with authorities in their investigation.
“United Airlines does not tolerate violence of any kind at our airports or onboard our planes and we are working with local authorities in their investigation of this matter,” the United spokesperson said in an updated statement provided to WPIX. “United Ground Express informed us that the employee has been terminated.” | https://cw33.com/news/nexstar-media-wire/united-worker-fired-after-video-of-bloody-brawl-in-newark-airport-company-says/ | 2022-05-24T18:10:29Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Attention Wells Fargo & Company ("Wells Fargo") (NYSE: WFC) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Wells Fargo common stock between February 24, 2021 and June 9, 2022.
If you suffered a loss on your investment in Wells Fargo, 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 Wells Fargo includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Wells Fargo had misrepresented its commitment to diversity in the Company's workplace; (ii) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (iii) the foregoing conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; (iv) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo's reputation; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: August 29, 2022
Aggrieved Wells Fargo investors only have until August 29, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.wibw.com/prnewswire/2022/08/01/class-action-alert-law-offices-vincent-wong-remind-wells-fargo-investors-lead-plaintiff-deadline-august-29-2022/ | 2022-08-01T10:11:09Z |
Scattered Storms and FOUR tropical disturbances!
SARASOTA, Fla. (WWSB) - Rain was lighter on Saturday with only 0.05″ at SRQ, 0.03″ in Bradenton, and almost an inch at Lakewood Ranch, 0.82″. Our day-to-day weather doesn’t change much through Tuesday with widespread thunderstorms, mainly in the afternoon and evening hours. A few strong storms with heavy rain will be possible. By Wednesday to the weekend rain chance drop slightly with hit and miss storms more common.
Tropical possibilities are picking up with four disturbances being tracked by the Hurricane Center. The most interesting disturbance is in the Atlantic with only a 20% chance of developing in 48 hours, then a 60% chance of developing into at least a tropical depression in the next 5 days. It’s been 25 years since we had an August with no named storms in the Atlantic basin, with 1997 being the last time. The other years without an August storm were 1961, 1941 and 1929. Activity is still likely to pick up in September. Both the American and European computer models are indicating a tropical storm could develop during Labor Day weekend. There are big disagreements as to exactly where this storm could develop. We will track this closely!
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/28/scattered-storms-four-tropical-disturbances/ | 2022-08-28T10:23:51Z |
FISCAL 2022 Q3 HIGHLIGHTS
- Net sales of $958.6 million, an increase of 10.7%, compared to the prior fiscal year quarter
- Gross margin of 42.9% vs. 42.3% in the prior fiscal year quarter
- Strong operating margin of 14.3%, or 14.6% excluding restructuring, acquisition-related and other costs1,2
- Diluted EPS of $1.78 vs. $1.68 in the prior fiscal year quarter, a 6.0% increase
- Adjusted diluted EPS of $1.82 vs. $1.42 in the prior fiscal year quarter, a 28.2% increase1
- Company expects double digit average daily sales growth to continue in fiscal Q4
MELVILLE, N.Y. and DAVIDSON, N.C., June 29, 2022 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), "MSC," "MSC Industrial" or the "Company," a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services, today reported financial results for its fiscal 2022 third quarter ended May 28, 2022.
Erik Gershwind, President and Chief Executive Officer, said, "Our fiscal third quarter is another proof point of the building momentum inside of our Company. We achieved double-digit average daily sales growth, roughly 500 basis points above the Industrial Production ("IP") index. We grew gross margins sequentially and year over year thanks to strong price realization in an inflationary environment. Finally, and most notably, we translated top line growth into significant operating leverage and adjusted operating margin expansion."
Kristen Actis-Grande, Executive Vice President and Chief Financial Officer, added, "Double-digit sales growth, gross margin execution and productivity all combined to expand adjusted operating margin by 200 basis in the fiscal third quarter with an adjusted incremental margin in the thirties. Looking to the fiscal fourth quarter, we expect double-digit average daily sales growth to continue and to finish the year in the top scenario of our fiscal 2022 annual framework."
Gershwind concluded, "We are encouraged with progress on our Mission Critical journey and, in fact, are ahead of schedule against our primary goals for fiscal 2023 - to grow revenues at least 400 basis points above the IP index and to restore ROIC into the high teens. At the same time, we are not satisfied. We will look to build on recent momentum and to set our sights even higher in terms of market share capture and profitability improvements."
Conference Call Information
MSC will host a conference call today at 8:30 a.m. EDT to review the Company's fiscal 2022 third quarter results. The call, accompanying slides, and other operational statistics may be accessed at: http://investor.mscdirect.com. The conference call may also be accessed at 1-877-443-5575 (U.S.), 1-855-669-9657 (Canada) or 1-412-902-6618 (international).
An online archive of the broadcast will be available until July 6, 2022.
The Company's reporting date for fiscal 2022 fourth quarter and full year results is scheduled for October 20, 2022.
About MSC Industrial Supply Co.
MSC Industrial Supply Co. (NYSE: MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.0 million products, inventory management and other supply chain solutions, and deep expertise from over 80 years of working with customers across industries. Our experienced team of more than 6,500 associates is dedicated to working side by side with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow. For more information on MSC Industrial, please visit mscdirect.com.
Cautionary Note Regarding Forward-Looking Statements:
Statements in this press release may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including statements about the future impact of COVID-19 on our business operations, results of operations and financial condition, expected future results, expected benefits from our investment and strategic plans and other initiatives, and expected future growth, profitability and return on invested capital, are forward-looking statements. The words "will," "may," "believes," "anticipates," "thinks," "expects," "estimates," "plans," "intends," and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. In addition, any statements which refer to expectations, projections or other characterizations of future events or circumstances, statements involving a discussion of strategy, plans or intentions, statements about management's assumptions, projections or predictions of future events or market outlook and any other statement other than a statement of present or historical fact are forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by MSC or any other person that the events or circumstances described in such statement are material. In addition, new risks may emerge from time to time and it is not possible for management to predict such risks or to assess the impact of such risks on our business or financial results. Accordingly, future results may differ materially from historical results or from those discussed or implied by these forward-looking statements. Given these risks and uncertainties, the reader should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: the impact of the COVID-19 pandemic on our sales, operations and supply chain; general economic conditions in the markets in which we operate, including conditions resulting from the COVID-19 pandemic; changing customer and product mixes; volatility in commodity and energy prices, the impact of prolonged periods of low, high, and rapid inflation, and fluctuations in interest rates; competition, including the adoption by competitors of aggressive pricing strategies and sales methods; industry consolidation and other changes in the industrial distribution sector; our ability to realize the expected benefits from our investment and strategic plans, including our transition from being a spot-buy supplier to a mission-critical partner to our customers; our ability to realize the expected cost savings and benefits from our restructuring activities and structural cost reductions; the retention of key personnel; the credit risk of our customers, including changes in credit risk as a result of the COVID-19 pandemic, higher inflation and fluctuations in interest rates; the risk of customer cancellation or rescheduling of orders; difficulties in calibrating customer demand for our products, in particular personal protective equipment or "PPE" products, which could cause an inability to sell excess products ordered from manufacturers resulting in inventory write-downs or could conversely cause inventory shortages of such products; work stoppages, labor shortages or other business interruptions (including those due to extreme weather conditions or as a result of the COVID-19 pandemic) at transportation centers, shipping ports, our headquarters or our customer fulfillment centers; disruptions or breaches of our information technology systems, or violations of data privacy laws; the retention of qualified sales and customer service personnel and metalworking specialists; the risk of loss of key suppliers or contractors or key brands or supply chain disruptions, including due to import restrictions resulting from the COVID-19 pandemic or global geopolitical conditions; changes to governmental trade or sanctions policies, including the impact from significant import restrictions or tariffs or moratoriums on economic activity with certain countries or regions; risks related to opening or expanding our customer fulfillment centers; our ability to estimate the cost of healthcare claims incurred under our self-insurance plan; litigation risk due to the nature of our business; risks associated with the integration of acquired businesses or other strategic transactions; financial restrictions on outstanding borrowings; our ability to maintain our credit facilities or incur additional borrowings on terms that we deem attractive; the interest rate uncertainty due to the London InterBank Offered Rate (LIBOR) reform; the failure to comply with applicable environmental, health and safety laws and regulations, including government action in response to the COVID-19 pandemic, and other laws applicable to our business; the outcome of government or regulatory proceedings or future litigation; goodwill and intangible assets recorded resulting from our acquisitions could be impaired; our common stock price may be volatile due to factors outside of our control; and our principal shareholders exercise significant control over us, which may result in our taking actions or failing to take actions which our other shareholders do not prefer. Additional information concerning these and other risks is described under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual and Quarterly Reports on Forms 10-K and 10-Q, respectively, and in the other reports and documents that we file with the United States Securities and Exchange Commission. We expressly disclaim any obligation to update any of these forward-looking statements, except to the extent required by applicable law.
Non-GAAP Financial Measures
- Results Excluding Impairment Loss and Loss Recovery (prior year), Inventory Write-downs (prior year), Legal Costs (prior year), Acquisition-related Costs, Restructuring and Other Costs, and Other Charges
To supplement MSC's unaudited selected financial data presented consistent with accounting principles generally accepted in the United States ("GAAP"), the Company discloses certain non-GAAP financial measures, including non-GAAP gross profit, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP incremental margin, non-GAAP provision for income taxes, non-GAAP net income and non-GAAP diluted earnings per share, that exclude impairment loss and loss recovery (prior year), inventory write-downs (prior year), legal costs for impairment of prepaid PPE (prior year), acquisition-related costs, restructuring and other costs, and other related costs and tax effects.
These non-GAAP financial measures are not presented in accordance with GAAP or an alternative for GAAP financial measures and may be different from similar non-GAAP financial measures used by other companies. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the most directly comparable GAAP financial measures and should only be used to evaluate MSC's results of operations in conjunction with the corresponding GAAP financial measures.
In calculating non-GAAP financial measures, we exclude impairment loss and loss recovery (prior year), inventory write-downs (prior year), legal costs for impairment of prepaid PPE (prior year), acquisition-related costs, restructuring and other costs, and other related costs and tax effects. Management makes these adjustments to facilitate a review of the Company's operating performance on a comparable basis between periods, for comparison with forecasts and strategic plans, for identifying and analyzing trends in the Company's underlying business and for benchmarking performance externally against competitors. We believe that investors benefit from seeing results from the perspective of management in addition to seeing results presented in accordance with GAAP for the same reasons and purposes for which management uses such non-GAAP financial measures.
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SOURCE MSC Industrial Supply Co. | https://www.mysuncoast.com/prnewswire/2022/06/29/msc-industrial-supply-co-reports-fiscal-2022-third-quarter-results/ | 2022-06-29T10:53:33Z |
High School essay winner Aleesa Kruse of Lee County and Albany Museum of Art Director of Education and Public Programming Annie Vanoteghem are shown at the awards presentation for the 2021 "A Picture Is Worth a Thousand Words" essay contest. The eighth annual competition for high school and college students opens this week.
ALBANY ─ The submission period for high school and college students opens this week for the eighth annual "A Picture Is Worth a Thousand Words" essay contest conducted by the Albany Museum of Art. The top three essayists in each category will receive cash awards at a reception in October at the AMA.
“We are always delighted by the quality of the essays that students write after seeing the artworks selected for the competition,” AMA Executive Director Andrew J. Wulf said. “This is a way to break down the artificial barriers between visual art and the written word, while also encouraging students to express themselves creatively.”
The submission period opens Thursday and ends at midnight on Oct. 8. The winners in the high school and college divisions will be announced at a reception scheduled for 6 p.m. on Oct 20. The first-place award in each category is $250.
“We have had as many as 80 students enter this writing competition,” Annie Vanoteghem, director of education and public programming at the AMA, said. “It’s exciting each year to see how an artwork has inspired a young person by sparking the imagination or by giving an experience a new perspective. “
There is no cost to enter the contest. To participate, a student must visit the Albany Museum of Art at 311 Meadowlark Drive and choose one of six designated artworks that can be found in the current exhibitions. Once an art object has been selected, the student must incorporate it into the essay.
“The essay may be factual, such as relating an experience that the art object brings to mind, or it may be fictional, a product of the writer’s imagination,” Vanoteghem said. “The essay may be prose or poetry. The only limits are that a student may only submit one entry, and the essay cannot exceed 1,000 words in length.”
A list of the art objects designated for the contest will be available to students at the welcome desk in the AMA lobby. The AMA is open to the public 10 a.m.-5 p.m. Tuesdays through Saturdays, and admission is free to everyone.
The competition is open to any college student who lives in southwest Georgia, and to any student, regardless of hometown, who is currently enrolled at Albany State University, Albany Technical College, Abraham Baldwin Agricultural College, Georgia Southwestern State University, Valdosta State University, Thomas University, or Andrew College.
The high school division is open to public and private high school students in Baker, Calhoun, Colquitt, Crisp, Decatur, Dougherty, Early, Grady, Lee, Miller, Mitchell, Seminole, Sumter, Terrell, Thomas and Worth counties.
Dually enrolled students, who take both high school and college-credit classes, compete in the college division.
“Individual students or whole classes can come to the museum and spend time with one of the selected works,” Vanoteghem said. “Everyone who enters this contest will be able to expand their visual thinking skills, develop their writing skills, and grow their appreciation for art. It is always a rewarding experience for students.”
The Albany Museum of Art is located at 311 Meadowlark Drive, adjacent to Albany State University's West Campus just off Gillionville Road. The museum is accredited by the American Alliance of Museums and is open to the public 10 a.m.-5 p.m. Tuesdays through Saturdays. Admission is free.
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The portable J+ BOOSTER 2 EV charging station puts an end to anxiety about electric vehicle range
ST. PETERSBURG, Fla., Aug. 10, 2022 /PRNewswire/ -- Juice Americas Inc., the U.S. subsidiary of Swiss-based Juice Technology AG – the market leader in portable chargers for electric vehicles (EVs) – today announced the availability of its portable two-in-one EV charger, J+ BOOSTER 2, in the North American Market.
J+ BOOSTER 2 enables EV owners to simply take their EV charger on the road to charge their EV from any conventional power socket-outlet. Developed in Switzerland at Juice Technology's Research and Development Center, the North American version of Juice's popular portable EV charger is now certified and available to North American consumers.
"The J+ BOOSTER 2 is like a Swiss army knife of EV charging technology and makes any concerns about vehicle range a thing of the past," said Christoph Erni, founder and CEO of Juice Technology AG. "After all, electricity is available everywhere: you just have to make it accessible."
Rugged, Safe and Reliable
Weighing in at barely 2.2 pounds (1 kg), J+ BOOSTER 2 is made from solid, military-grade aluminum. The in-cable control box is so robust that, even if run over by a tank, it still suffers no damage. The included accessories assortment offers eight NEMA-compliant adapter plugs that are easily attached via the J+ CONNECTOR, Juice's proprietary plug interface.
The patented J+ CONNECTOR is based on proven aerospace engineering and, like the J+ BOOSTER, is both spray-waterproof and dustproof. The adapter plugs are coded so that the right charging power is set to be fully automatic at the socket-outlet according to the available socket input current. The unit delivers a charging power ranging from 720 W to 9.6 kW, so users ideally need only about four to six hours to fully charge a vehicle's battery, depending on the battery pack size.
The J+ CELSIUS temperature sensor installed directly at the plug pins protects socket-outlets against overheating. The residual current device integrated into the J+ BOOSTER 2 for fault current protection eliminates the need to install any expensive DC residual current device in the home – saving users considerable extra expense.
"All these features make this charging station user-friendly at home and on the road and ensure safety every time you charge," said Michael Boehm, Managing Director of Juice Americas. "J+ BOOSTER 2 offers users all the functionality of a full-fledge wall charger with the versatility of a portable device."
Used Worldwide
Portable charging stations enable drivers to charge their electric cars wherever they park habitually for extended periods of time – during the day at the workplace, or nights at home. This compensates for the irregular spatial distribution of charging infrastructure and facilitates EV adoption. Ever wider use of portable EV chargers makes the transition to electric mobility fast, flexible and economical.
J+ BOOSTER 2, based on one of the world's top-selling portable EV chargers, has now been specially adapted for the North American power grid. It is certified by the independent testing and certification organization UL and fully meets all applicable standards.
J+ BOOSTER 2 Features and Benefits:
- Socket Compatibility: The versatile J+ BOOSTER 2 charging station enables EVs to charge from any conventional household or industrial socket-outlet throughout North America.
- Power Input: The power input options cover all supply current variants, either 120V or 240V, and from 6 to 40 amps.
- NEMA Compliant: This charging device comes with eight adapters compliant with the National Electrical Manufacturers Association (NEMA) standards (NEMA 5-15, NEMA 6-15, NEMA 5-20, NEMA 6-20, NEMA TT-30, NEMA 14-30, NEMA 6-50, and NEMA 14-50), and all are equipped for automatic detection of socket input current. The NEMA 5-15, NEMA 6-15, NEMA 5-20, and NEMA 6-20 adapter plugs are also fitted with the J+ CELSIUS temperature monitoring system. The basic set includes the NEMA 5-15 and NEMA 14-50 adapter plugs. All other adapter plugs are available as extra accessories.
- Ruggedized Durability: The in-cable control box is waterproof and dustproof (to protection rating IP 67), can be used within an ambient temperature range of -22°F to 122°F (-30°C to 50°C), and is driveover-resistant to wheel loads of up to 6,600 lbs. (3 metric tons).
- UL Certified: All electrical devices in the United States and Canada must be safety-certified in accordance with specified national requirements. One authorized testing and certification company is Underwriters Laboratories (UL). UL tests products, components, materials and systems to determine whether they meet specific standards. J+ BOOSTER 2 has been certified by UL and bears the certification mark UL2594 for electric vehicle supply equipment (EVSE) as well as UL2231-1 and -2 for personnel protection for EVSE in full compliance with the two international standards IEC 62196 and IEC 61851-1 and the Restriction of Hazardous Substances (RoHS) Directive.
Pricing and Availability
J+ BOOSTER 2 is available now on Amazon with pricing starting at $699. For more product information, please see https://www.jplus.world/jplus-booster.
About J+
J+ is a brand of Juice Americas Inc. headquartered in St. Petersburg, Florida and part of the Juice Group, the globally active Swiss producer of charging solutions for electric vehicles (EVs). J+ is actively marketed in North America, including the United States, Canada, and Mexico. It has entered the North American market with a version of the JUICE BOOSTER 2, the most popular portable EV charger in Europe, which has been specially developed for this region as the J+ BOOSTER 2. For more information, visit: https://www.jplus.world/.
Juice has entered the North American market with a version of the in Europe most popular portable wall charger Juice Booster 2 specially developed for this region – the J+ BOOSTER 2.
About Juice Technology
Juice Technology AG is a globally active producer of charging solutions for electric vehicles. The company's comprehensive product portfolio, featuring AC and DC charging stations ranging from lightweight portable devices to large fast chargers, makes it one of the very few full-range vendors in the industry. Juice has dominated the market for portable 22-kW charging stations since 2014. To find out more about the company, its products and solutions, go to www.juice-world.com. You can also follow us on LinkedIn, Facebook, Instagram and Twitter.
Media Note: Images library is available here.
Media Contact:
Erin Jones
Avista Public Relations for Juice
704-664-2170
ejones@avistapr.com
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SOURCE Juice Technology | https://www.kxii.com/prnewswire/2022/08/10/juice-americas-launches-j-booster-2-portable-ev-charger-united-states-canada-mexico/ | 2022-08-10T13:24:38Z |
Pitmasters cook up a storm for a new barbecue competition
TOPEKA, Kan. (WIBW) - The first annual Red, White, and Blue Barbecue Festival kicked off Friday night at Stormont Vail Events Center.
More than 80 teams across the state are cooking up their best meals, looking to take home the top prize.
“I have smoke going through my blood,” said Alex Mercer with Cafe Cue in Holton, KS.
Grillers from across the state are serving up their best meals to take home the Grand Championship title for this year’s barbecue competition.
“Well, just a chance to come out and everybody to be together and they have bands here at this one. You can go around, fill vendors, and get barbecue that you probably couldn’t get anywhere else,” said Robert Bennett, Indigo Pig Barbecue in Silver Lake, KS.
For the Red, White, and Blue Barbecue Contest, attendees got a chance to taste from participating teams from all over the sunflower state.
“So we’ve got Cole’s in the pulled pork right now that is farm to table Jackson County pork,” said Mercer. “We source locally as much as we can. in his other pan, he’s got brisket that comes out of Manhattan from Booth Creek.”
“The regular chicken, ribs pork, and brisket. Then like tonight when we can sell stuff, we can cook whatever we want. Our menu is quesadillas, and pull pork sandwiches and stuff that you wouldn’t see during a contest,” said Bennett.
Taste testers say the long lines are worth it. “We saw the long line and we were like it must be delicious, and he’s so friendly and talking. Some people have already sold out,” said Angie Hemsley.
As the competition heats up, some teams are locked in on placing high.
“I’m hoping top 20 that would be icing on the cake for me,” said Mercer.
Others are focused on the flavor of the experience.
“I do it for fun just because, it’s why I like to do it. There are lots of nice people to meet and just have fun doing it,” said Bennett.
The judging competition takes place Saturday at Stormont Vail Events Center.
The Grand Champion will win $4,000.
The festival opens from 10 am to 4 pm, the barn dance starts at 6 pm, and the fireworks kick off at 9 pm.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/30/pitmasters-cook-up-storm-new-barbecue-competition/ | 2022-04-30T04:05:18Z |
Caron continues its growth and expansion in the Life Science market
MARIETTA, Ohio, Aug. 2, 2022 /PRNewswire/ -- Caron Products and Services, Inc. ("Caron"), a leading provider of laboratory equipment used in R&D and manufacturing of biological and biopharmaceutical products such as cell and gene therapy research, today announced Sharon Moseley, Global Human Resources Director. Based in Dallas, Texas, and reporting directly to the CEO, she will advance Caron's HR strategy for expansion while securing key talent to add to Caron's growing team across North America, Europe, and Asia.
Sharon brings extensive HR leadership experience working across varied industries for multinational companies including Ashland Chemical, Tetra Pak, and W.W. Grainger. Her experience spans across all HR disciplines including executive development, business and cultural transformation, talent management, employee engagement, talent acquisition, training and learning development, M&A and workforce integration.
"We are excited to have Sharon lead Caron's Global HR strategy and initiatives. Her extensive background in human resources and leadership experience will help expedite our growth strategy moving forward," said Jay Hexamer, Caron President and CEO. "Her talent and business experience will assist us in key areas of executive alignment, integrating business processes, and managing organizational growth."
"I'm excited to lead Caron's HR strategy to support our growth and global expansion," stated Sharon. "Empowering employees and maximizing company culture allows us to focus on alignment to reach total solutions for the scientific community."
Sharon earned a Bachelor of Arts degree from DePaul University and a Master of Business Administration from Franklin University. She's also an active member of the Society for Human Resource Management (SHRM), a certified Birkman Professional (BCP), and holds an M&A Integration certification (MC&AI).
About Caron Products and Services, Inc.
Founded in 1985, Caron Products is a leading provider of laboratory equipment, environmental chambers and incubators, biosafety cabinets, and Lab Automation Enclosures in the life science industry. Our customers are in the Biopharma, Biotech, Education, Healthcare, and Industrial markets who discover life-changing therapies and consumable products to cure illnesses and to enable a healthier world.
All team members at Caron Products are an important part of our ecosystem and our work has meaningful impact in achieving our main goal of "opening doors for scientists". For more information, visit www.caronproducts.com.
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SOURCE Caron Products and Services, Inc. ("Caron") | https://www.wibw.com/prnewswire/2022/08/02/caron-products-names-sharon-moseley-global-human-resources-director/ | 2022-08-02T16:55:05Z |
Now more Americans can get hyper-personalised life insurance policies that can make their after-life dreams come true
MILWAUKEE, May 17, 2022 /PRNewswire/ -- Wyshbox, a fully digital life insurance that offers coverage as low as $9 per month* for $155,000 in life insurance, has expanded from 10 US states to 33 and Washington DC.
"We are committed to bringing personalised and affordable Life Insurance to everyone in the US, and this next expansion is very exciting as we get closer to accomplishing our goal", says Wyshbox Founder and Head of Purpose and Vision, Alex Matjanec.
Wyshbox Life Insurance is unique in that it allows users to create "Wyshes," which are the areas of your financial life you would want to protect if you were to die unexpectedly. Users can choose wyshes like paying for funeral expenses, paying off your mortgage, or even leaving future college tuition to your children. There's also no medical exams*, and the underwriting health questionnaire can take just a few minutes to fill out and get your quote.
To offer such a unique approach to life insurance, Wyshbox has assembled a team of "Wysh Granters", a white-glove concierge claim service that can work with your beneficiaries to help your wyshes come true.
Wyshbox can be found at www.wyshbox.com as well as in the iOs and Android app store.
Wyshbox is now available in:
- Alaska
- Arizona
- Arkansas
- Delaware
- District of Columbia
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Louisiana
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Missouri
- Montana
- Nebraska
- Nevada
- New Mexico
- North Carolina
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Tennessee
- Texas
- Utah
- Virginia
- West Virginia
- Wisconsin
- Wyoming
About Wyshbox
Wyshbox launched in 2021 by Wysh Life and Health Insurance Company, and provides customizable term life insurance plans in a fully digital process.*
Media Contact:
media@wyshbox.com
Copyright © 2022 Wysh Life and Health Insurance Company
*Disclosures at: www.wyshbox.com/ad-disclosures
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SOURCE Wyshbox | https://www.mysuncoast.com/prnewswire/2022/05/17/wyshbox-life-insurance-expands-availability-33-states-dc/ | 2022-05-17T16:17:26Z |
The World leader in Industrial LED Lighting Solutions Continues Partnership with WEA to Support Women-led Climate Resilience Projects
FARMINGDALE, N.J., June 16, 2022 /PRNewswire/ -- Dialight (LSE: DIA), the global leader in hazardous and industrial LED lighting innovation, today announced its continued support of the Women's Earth Alliance (WEA) climate resilience efforts with a $25,000 donation from the Dialight Foundation to support the 2022 Grassroots Accelerator program.
The Grassroots Accelerator program is designed to uplift frontline women's environmental and climate leadership so they can accelerate their initiatives, grow their visibility, and scale their impact.
The grant will be put towards action-driven training including participation in an online educational and community-building platform, group video calls, peer group and trainer mentorship, and a 4-day in-person workshop, called the "Collaboratory." Leaders will be equipped with a holistic set of practical skills in entrepreneurship, leadership, advocacy and environmental hands-on solutions, in addition to project development/management/scaling. From there, they will be able to design their own action plans and receive Accelerator grants to grow their high-impact environmental initiatives to meet the urgent needs of their regions as well as impact global sustainability goals.
"We are proud to continue our support of WEA, working alongside other clean and renewable energy companies to help advance the work of frontline women leaders", said Dialight Group Chief Executive and Chair of the Dialight Foundation Fariyal Khanbabi. "We're extremely passionate about decarbonizing the industrial world and ensuring that opportunities exist for women to thrive in a continuously-evolving industry. By empowering women leaders to protect the environment and strengthen their communities through grass-roots solutions, we can make a meaningful difference."
This is the second partnership for the Dialight Foundation and WEA. In 2021, The Dialight Foundation was the sole sponsor of WEA's COVID & Climate Resilience work in Tijuana, MX, which supported local, grassroots efforts that provide food, information, and support services to thousands of asylum seekers.
"We're extremely grateful for the Dialight Foundation and its support in continuing to advance women-led initiatives that strengthen our communities and climate resilience," said Melinda Kramer, Co-Director of the Women's Earth Alliance. "Women's leadership is a critical leverage point for increasing our collective climate resilience, yet women remain under-resourced and largely unsupported through their work to prevent environmental harm. As a global company, Dialight's commitment to supporting local communities by mobilizing on-the-ground resources has had a direct and measurable impact on the women and their families who need it most."
With the industrial world accounting for 1/3 of global carbon emissions, and as the world leader in industrial and hazardous LED lighting, Dialight regards the transition to net zero carbon as both an opportunity and obligation to help drive meaningful change in the industrial sector. For over 50 years Dialight has been solely focused on environmentally friendly LED technology, introducing market-leading innovations to ensure the safety and well-being of people working in harsh and hazardous industrial applications and continues to accelerate the industrial evolution to greener solutions through their cutting-edge technology.
To learn more about Dialight's legacy of sustainable LED innovation or the work of the Dialight Foundation, visit www.dialight.com.
Dialight is a global leader in improving sustainability, safety and operational efficiency for its customers by providing high-efficiency, long-lasting LED lighting technology for industrial applications. With millions of fixtures installed worldwide, Dialight's class-leading technology reduces energy use, cost and environmental impact for customers and is certified to a broad range of international standards. The company's operations are headquartered in the U.S., and it is listed on the main market of the London Stock Exchange under the ticker DIA. Further information on Dialight and its products is available at www.dialight.com.
Women's Earth Alliance (WEA) is a 15-year global initiative that trains, resources and catalyzes grassroots women-led efforts to protect our environment and build healthy, safe, and just communities now and into the future.
Media Contact:
Gabrielle DePeitro
Next PR
gdepietro@nextpr.com
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SOURCE Dialight | https://www.mysuncoast.com/prnewswire/2022/06/16/dialight-foundation-sponsor-womens-earth-alliance-grassroots-accelerator-program/ | 2022-06-16T14:14:35Z |
In almost two decades of training NHL players, Kelly Riou tried just about everything to help them replicate the unnatural motion of skating when they’re off the ice.
He believes he has now found it, with the help of a retired quarterback and a drone engineer, and hopes it revolutionizes the way hockey players at all levels train in the gym. His Alien Kinetics company unveiled DriBlades and accompanying weighted slide Monday following development and testing involving a handful of NHL players who work with Riou.
“It’s been on my mind to close the gap to allow guys to train and give strength coaches, skating coaches a little bit more of an accurate tool for this crazy locomotion of skating,” Riou told The Associated Press. “Because of the demands of the game, this should’ve been around before me, truthfully, because the BOSU balls, the unstable surfaces — other measures we use to really try to facilitate or help the player develop — those weren’t close enough.”
Players pop out the regular blades and can replace them with the DriBlades to do lifting and other dryland workouts. Already one of the best skaters in the league, Stanley Cup champion Chandler Stephenson has tried them out, along with current Vegas Golden Knights teammate Brayden McNabb, Kole Lind of the Seattle Kraken and Lane Pederson of the San Jose Sharks. He raved about the benefits.
“Everything I’ve done before that’s ‘hockey-related’ has been on the ice, so to have something off-ice where you can break down even more, to work on every inch of your blades, has been great,” Stephenson said. “It’s like having a driving range for hockey. It’s just been crazy to feel the toes, the heels, the whole sole of your foot. This has made me better because it makes you feel more grounded.”
The metal skate insert and the Abductor slide — which former QB Jason Johnson and co-founder called “a dumbbell for your feet” — was developed with assistance from inventor and entrepreneur Zenon Dragan, known for developing drone technology and having one of his featured in the Smithsonian’s Air and Space Museum.
Riou said it helps players move their legs in and out off the ice like skating better than using a towel or something else to provide resistance.
Acknowledging how hard it is to translate gym work to the ice, McNabb said he got hooked on using the DriBlades.
“All those little muscles you can’t get to unless you are on ice, you can target,” McNabb said. “After I stepped on the ice, I noticed an immediate difference.”
Johnson, who played at the University of Arizona and then three seasons in the Canadian Football League, said the most common responses from those who tried the blades were, “Why didn’t we have this 20 years ago?” and “Why haven’t I always been using this?”
“We want this just to be another part of a hockey player’s bag,” Johnson said. “The fact that you can just pop out your ice blade now and pop in a DriBlade in 10 seconds and train with it, I think is a huge advantage.”
Riou, who has been training NHL players and others since 2003 in Saskatoon, Saskatchewan, said he thought it was a good middle ground between skating treadmills and power skating on ice.
“What were we doing before?” he said. “Here you’re in your shoes and then you go onto the ice and see if you’re better. That was it before. That’s crazy when you understand the physics of skating. This thing actually gives you a chance.”
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Follow AP Hockey Writer Stephen Whyno on Twitter at https://twitter.com/SWhyno
___
More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-exclusive-new-skate-blade-for-off-ice-training-unveiled/ | 2022-07-12T14:25:31Z |
A beach in Iowa is closed after a rare life-threatening infection of the brain was confirmed in a visitor who recently went swimming there.
The beach at Lake of Three Fires State Park in Taylor County will be closed temporarily to swimmers, the Iowa Department of Public Health said Friday.
"The closure is a precautionary response to a confirmed infection of Naegleria fowleri in a Missouri resident with recent potential exposure while swimming at the beach," according to a release from the health department.
Naegleria fowleri is a "microscopic single-celled free-living amoeba that can cause a rare life-threatening infection of the brain called primary amoebic meningoencephalitis (PAM)," said the agency.
"PAM is extremely rare. Since 1962, only 154 known cases have been identified in the United States," the release said.
Naegleria fowleri is commonly found in soil and in fresh warm water such as lakes, rivers and hot springs, according to the US Centers for Disease Control and Prevention. It can also be found in poorly maintained or unchlorinated pools.
Infections caused by Naegleria fowleri may occur when water where the amoeba is present enters the body through a person's nose, then travels up to the brain where it destroys brain tissue, the health department said. The infection isn't contagious and can't be caused by swallowing contaminated water.
The health department is working with the CDC to test the lake water and "confirm the presence of Naegleria fowleri," which will take several days, the release said.
No additional suspected cases of are currently being investigated in Missouri or Iowa, the agency said.
Although rare, PAM is "devastating" and "usually fatal," according to the CDC. "Among well-documented cases, there are only five known survivors in North America," the CDC said.
In September 2021, a child in North Texas died after contracting the rare brain-eating amoeba at a city splash pad. In 2020, a 6-year-old boy in Lake Jackson, Texas, died after exposure to the amoeba that was found in the water of splash fountain where he had played.
A 10-year-old Texas girl died in 2019 after battling the brain-eating amoeba for more than a week.
Symptoms begin with sever headaches, fever, nausea, and vomiting before escalating to seizures, hallucinations, and a coma, according to the CDC.
It takes about five days after infection for initial symptoms of primary amoebic meningoencephalitis to show up, according to the CDC. The disease progresses rapidly and usually causes death between one and 18 days after symptoms begin.
To reduce the risk of infection, the health department advises swimmers to limit how much water goes up their nose by holding their nose shut or using nose clips, keeping their head above water, and avoiding being in the water when temperatures are very high.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/a-swimmer-was-infected-with-a-brain-eating-amoeba-after-visiting-an-iowa-beach/article_745d37fb-2284-5577-8498-4408a5defa7e.html | 2022-07-10T19:34:06Z |
TSX: MPVD and OTC: MPVDF
TORONTO and NEW YORK, Sept. 2, 2022 /PRNewswire/ - Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVDF) is saddened to announce a fatal incident at the Gahcho Kué Mine.
STATEMENT FROM DE BEERS GROUP:
We are deeply saddened to confirm that an employee from a contractor partner company succumbed to injuries sustained in an incident at Gahcho Kué Mine on Thursday, 1 September. The circumstances around what happened are under investigation by the appropriate authorities. All non-essential work at the mine has been suspended.
This is an extremely tragic incident and the mine joint venture partners, De Beers Group and Mountain Province Diamonds, extend our deepest condolences to the grieving family and friends of the deceased individual.
We want to commend the individual's co-workers, the mine's Emergency Response Team, and the onsite medical team who made every effort to save their colleague's life. A grief counsellor arrived at the mine Thursday evening and additional counselling services are available to all employees.
Gahcho Kué is located in the Northwest Territories, about 280 km northeast of Yellowknife. The mine is a joint venture between De Beers Group (51% - the operator) and Mountain Province Diamonds (49%).
Contact
Terry Kruger
Tel 1 867 679 6431
Mob 1 403 835 5875
Email terry.kruger@debeersgroup.com
NOTE TO MEDIA: In consideration of the ongoing investigations, we are not in a position to provide additional information regarding the incident at this time.
****
Mountain Province Diamonds is a 49% participant with De Beers Canada in the Gahcho Kué diamond mine located in Canada's Northwest Territories. The Gahcho Kué Joint Venture property consists of several kimberlites that are actively being mined, developed, and explored for future development. The Company also controls 107,373 hectares of highly prospective mineral claims and leases surrounding the Gahcho Kué Mine that include an Indicated mineral resource for the Kelvin kimberlite and Inferred mineral resources for the Faraday kimberlites. Kelvin is estimated to contain 13.62 million carats (Mct) in 8.50 million tonnes (Mt) at a grade of 1.60 carats/tonne and value of US$63/carat. Faraday 2 is estimated to contain 5.45Mct in 2.07Mt at a grade of 2.63 carats/tonne and value of US$140/ct. Faraday 1-3 is estimated to contain 1.90Mct in 1.87Mt at a grade of 1.04 carats/tonne and value of US$75/carat. All resource estimations are based on a 1mm diamond size bottom cut-off.
For further information on Mountain Province Diamonds and to receive news releases by email, visit the Company's website at www.mountainprovince.com.
The disclosure in this news release of scientific and technical information regarding Mountain Province's mineral properties has been reviewed and approved by Matthew MacPhail, P.Eng., MBA, and Tom E. McCandless, Ph.D., P.Geo., both employees of Mountain Province Diamonds and Qualified Persons as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects.
This news release contains certain "forward-looking statements" and "forward-looking information" under applicable Canadian and United States securities laws concerning the business, operations and financial performance and condition of Mountain Province Diamonds Inc. Forward-looking statements and forward-looking information include, but are not limited to, statements with respect to operational hazards, including possible disruption due to pandemic such as COVID-19, its impact on travel, self-isolation protocols and business and operations, estimated production and mine life of the project of Mountain Province; the realization of mineral reserve estimates; the timing and amount of estimated future production; costs of production; the future price of diamonds; the estimation of mineral reserves and resources; the ability to manage debt; capital expenditures; the ability to obtain permits for operations; liquidity; tax rates; and currency exchange rate fluctuations. Except for statements of historical fact relating to Mountain Province, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "anticipates," "may," "can," "plans," "believes," "estimates," "expects," "projects," "targets," "intends," "likely," "will," "should," "to be", "potential" and other similar words, or statements that certain events or conditions "may", "should" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Many of these assumptions are based on factors and events that are not within the control of Mountain Province and there is no assurance they will prove to be correct.
Factors that could cause actual results to vary materially from results anticipated by such forward-looking statements include the development of operation hazards which could arise in relation to COVID-19, including, but not limited to protocols which may be adopted to reduce the spread of COVID-19 and any impact of such protocols on Mountain Province's business and operations, variations in ore grade or recovery rates, changes in market conditions, changes in project parameters, mine sequencing; production rates; cash flow; risks relating to the availability and timeliness of permitting and governmental approvals; supply of, and demand for, diamonds; fluctuating commodity prices and currency exchange rates, the possibility of project cost overruns or unanticipated costs and expenses, labour disputes and other risks of the mining industry, failure of plant, equipment or processes to operate as anticipated.
These factors are discussed in greater detail in Mountain Province's most recent Annual Information Form and in the most recent MD&A filed on SEDAR, which also provide additional general assumptions in connection with these statements. Mountain Province cautions that the foregoing list of important factors is not exhaustive. Investors and others who base themselves on forward-looking statements should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. Mountain Province believes that the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release.
Although Mountain Province 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 anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Mountain Province undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. Statements concerning mineral reserve and resource estimates may also be deemed to constitute forward-looking statements to the extent they involve estimates of the mineralization that will be encountered as the property is developed.
Further, Mountain Province may make changes to its business plans that could affect its results. The principal assets of Mountain Province are administered pursuant to a joint venture under which Mountain Province is not the operator. Mountain Province is exposed to actions taken or omissions made by the operator within its prerogative and/or determinations made by the joint venture under its terms. Such actions or omissions may impact the future performance of Mountain Province. Under its current note and revolving credit facilities Mountain Province is subject to certain limitations on its ability to pay dividends on common stock. The declaration of dividends is at the discretion of Mountain Province's Board of Directors, subject to the limitations under the Company's debt facilities, and will depend on Mountain Province's financial results, cash requirements, future prospects, and other factors deemed relevant by the Board
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SOURCE Mountain Province Diamonds Inc. | https://www.kxii.com/prnewswire/2022/09/02/fatality-gahcho-ku-mine/ | 2022-09-02T14:27:58Z |
NASHVILLE,Tenn., June 8, 2022 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that Seth Bernstein, President and CEO, will participate in the Morgan Stanley US Financials, Payments and CRE Conference on Wednesday June 15, 2022, in New York, NY in a session which will begin at 10:00 a.m. (CT).
A live audio webcast will be available in the Investor & Media Relations section of AB's website at www.alliancebernstein.com/investorrelations. An audio replay of the webcast will also be available on the site.
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets.
As of March 31, 2022, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 36.3% of AllianceBernstein and Equitable Holdings, Inc. ("EQH"), directly and through various subsidiaries, owned an approximate 64.5% economic interest in AllianceBernstein.
Additional information about AllianceBernstein may be found on our website, www.alliancebernstein.com.
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SOURCE AllianceBernstein | https://www.mysuncoast.com/prnewswire/2022/06/08/seth-bernstein-president-ceo-participate-morgan-stanley-us-financials-payments-cre-conference-june-15th-2022/ | 2022-06-08T19:48:13Z |
WILLOW PARK, Texas, July 25, 2022 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: PFHC) ("ProFrac" or the "Company") announced today that it successfully completed its acquisition of SP Silica of Monahans, LLC, and SP Silica Sales, LLC (collectively, "Monahans"), the West Texas subsidiaries of Signal Peak Silica, for approximately $90 million.
Matthew D. Wilks, ProFrac's Executive Chairman, stated, "We are excited to add the Monahans mine to our portfolio that when combined with our Kermit and La Mesa mines will provide ProFrac with close proximity sand supply to almost every well in West Texas. This increases our efficiency in the region through our ability to reduce truck traffic, fuel consumption and emissions, which helps manage our costs in this inflationary environment."
In addition, ProFrac entered into an amendment to that certain Term Loan Credit Facility (the "Term Loan Credit Facility"), increasing the size of the Term Loan Credit Facility from $302.4 million outstanding as of July 20, 2022, to $452.4 million outstanding with the presently uncommitted option to obtain commitments for potentially an additional $100 million of delayed draw loans (the "Option") before the earlier to occur of (i) the consummation of the previously announced agreement to acquire U.S. Well Services, Inc. and (ii) March 31, 2023. The maturity date with respect to the Term Loan Credit Facility remains the same at March 4, 2025.
ProFrac used proceeds from the increased Term Loan Credit Facility to fund the Monahans acquisition, and anticipates using the balance of the proceeds and operating cash to facilitate the acquisition of U.S. Well Services Inc., to pay outstanding debt under the Company's ABL Credit Facility and/or for other general corporate purposes. In connection with upsizing the Term Loan Credit Facility, the ABL Credit Facility was revised to add an uncommitted $100 million Incremental Facility (the "Incremental Facility"), under the terms of which existing lenders can make additional loans (in their sole discretion) under, or new lenders can join, the Incremental Facility and increase the potential size of the ABL Credit Facility from $200 million to $300 million, subject to satisfaction of certain conditions.
Piper Sandler & Co. served as financial advisor to ProFrac on the financing and Brown Rudnick LLP acted as ProFrac's legal counsel on the financing.
Piper Sandler & Co. also served as the exclusive financial advisor to ProFrac on the Monahans acquisition and Winston & Strawn LLP acted as ProFrac's legal counsel on the transaction. Evercore served as exclusive financial advisor to Signal Peak Silica and Sidley Austin LLP acted as Signal Peak Silica's legal counsel on the transaction.
About ProFrac Holding Corp.
ProFrac Holding Corp. is a growth-oriented, vertically integrated and innovation-driven energy services company providing hydraulic fracturing, completion services and other complementary products and services to leading upstream oil and gas companies engaged in the exploration and production ("E&P") of North American unconventional oil and natural gas resources. Founded in 2016, ProFrac was built to be the go-to service provider for E&P companies' most demanding hydraulic fracturing needs. ProFrac is focused on employing new technologies to significantly reduce "greenhouse gas" emissions and increase efficiency in what has historically been an emissions-intensive component of the unconventional E&P development process. For more information, please visit the ProFrac's website at www.pfholdingscorp.com.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements included in this press release may contain "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements are accompanied by words such as "may," "should," "would," "continue," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "future," "outlook," or similar expressions that predict or indicate future events or trends that are not statements of historical fact, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements relate to future events or the Company's future financial or operating performance. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of ProFrac's management and are not predictions of actual performance. These forward-looking statements include, among other things, statements regarding: the Company's strategies and plans for growth; the Company's positioning, resources, capabilities, and expectations for future performance; market and industry expectations; the Company's potential acquisition of U.S. Well Services, Inc.; the Company's estimates with respect to the profitability and utilization of its fleets; expectations regarding near-term and long-term growth, and the attendant impact on the Company's future revenues, margins, free cash flow and through-cycle positioning; the potential to return cash to shareholders; any financial or other information based upon or otherwise incorporating judgments or estimates relating to future performance, events or expectations; any estimates and forecasts of financial and other performance metrics; and the Company's outlook and financial and other guidance. Such forward-looking statements are based upon assumptions made by the Company's management as of the date hereof and 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 provided for illustrative purposes only, and are not intended to serve as, and must not be relied on by any investor as, a guarantee, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of ProFrac. Factors that may cause actual results to differ materially from current expectations include, but are not limited to, the Company's ability to achieve anticipated benefits of the transactions, including risks related to integrating Monahans and its personnel; the Option is presently uncommitted and there is no assurance that the Company will find any lenders willing to participate in the Option; there can be no assurance that the Company will be able to find any lenders to participate in the Incremental Facility; the Company's ability to deploy capital and the proceeds of the loans in a manner that furthers the Company's growth strategy, as well as the Company's general ability to execute its business plans; the Company's ability to complete the acquisition of U.S. Well Services, Inc., which is subject to the satisfaction of closing conditions; if completed, the ability of the Company to achieve the anticipated benefits of the U.S. Well Services Inc. acquisition without experiencing unexpected costs or other consequences; industry conditions, including fluctuations in supply, demand and prices for the Company's products and services; global and regional economic and financial conditions; the effectiveness of the Company's risk management strategies the future financial performance of ProFrac following the transactions; and other risks and uncertainties set forth in the documents of ProFrac filed, or will file, with the Securities and Exchange Commission ("SEC"), which are available on the SEC's website at www.sec.gov. The foregoing list of risks is not exhaustive.
If any of these risks materialize, or our assumptions prove to be incorrect, actual results could differ materially from the results implied by these forward-looking statements. 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, including without limitation any expectations about the Company's operational and financial performance or achievements through and including 2022. There may be additional risks about which the Company is presently unaware or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. The reader should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, it expressly disclaims any duty to update these forward-looking statements, except as otherwise required by law. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Participants in the Solicitation
In connection with the proposed transaction referenced above between ProFrac and U.S. Well Services, Inc. ("USWS"), ProFrac and USWS and their respective executive officers and directors may be deemed, under SEC rules, to be participants in the solicitation of proxies in connection with the proposed transaction. Information regarding the officers and directors of ProFrac is included in ProFrac's final prospectus filed pursuant to Rule 424(b) with the SEC on May 16, 2022. Information regarding the officers and directors of USWS is included in USWS' Definitive Proxy Statement on Schedule 14A filed with the SEC on April 20, 2022, as amended from time to time, with respect to the 2022 Annual Meeting of Stockholders of USWS and in USWS' Current Report on Form 8-K filed with the SEC on May 4, 2022. Additional information about ProFrac's directors and executive officers and a description of their interests in ProFrac and the proposed transaction will be included on a registration statement on Form S-4 to be filed by ProFrac, which will include a proxy statement/prospectus (the "Proxy Statement") and an information statement (the "Information Statement" and, together with the Proxy Statement, the "Proxy Materials"). More detailed information regarding the identity of the potential participants, and their direct or indirect interests, by security holdings or otherwise, will be set forth in the Proxy Materials and other materials to be filed with the SEC in connection with the proposed transaction.
No Offer and Non-Solicitation
This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of ProFrac, USWS or the combined company, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.
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SOURCE ProFrac Holding Corp. | https://www.mysuncoast.com/prnewswire/2022/07/25/profrac-holding-corp-completes-acquisition-west-texas-sand-operations-related-upsize-its-term-loan/ | 2022-07-25T23:18:31Z |
GRAND RAPIDS, Mich., July 26, 2022 /PRNewswire/ -- The ZeroSum Market First Report is the automotive industry's first source to predict month-end vehicle movement, providing vital supply and demand trend data to automotive marketers and dealers. ZeroSum uses predictive modeling to accurately estimate new vehicle inventory, pricing trends, and market share.
ZeroSum data shows that new vehicle inventory has decreased 1.81% since the start of June while used vehicle inventory increased over 2.5%. As a result, average new car prices rose for the fifth straight month to $48,379. Used car prices also saw a slight uptick from June, increasing to $34,061 due to overall demand.
Several auto makers are continuing to report supply chain issues and sales declines. GM sales declined 15% in Q2 after 3 straight quarters of growing market share. Mercedes cited COVID lockdowns and supply chain issues for a 16% drop in Q2 sales while BMW reported selling 13% fewer cars in the first half of 2022 than in H1 2021 due to similar issues. After reaching over $5/gallon in June, the national average price of gas fell to $4.47 this month. This is the first-time gas prices have fallen below $4.50 since May. This suggests that the worst of the oil crisis may finally be in the rear view.
ZeroSum's Take: What You Need to Know
New vehicle inventory decreases causing used car prices to rise. Dealers should keep a close eye on these price fluctuations and continue to turn used cars as quickly as possible to maximize profits.
Here are your key takeaways:
- Keep selling used. As new vehicle inventory remains low, continue marketing your pre-owned cars to grow sales.
- Price strategically. With used car prices increasing, adjust prices accordingly to remain competitive and yield maximum profit.
- Focus on EV acquisition. Amid higher gas prices, new and used EV demand and prices are high. Ensure your dealership is poised to win priority allocation from your manufacturer.
To read the entire report and view supplemental charts, visit our website: https://www.zerosum.ai/blog/zerosum-market-first-report-2022-7
ZeroSum is a leader in software, marketing, and data. Powered by its SaaS platform, MarketAI, ZeroSum is simplifying and modernizing automotive marketing by leveraging artificial intelligence, data, and scaling ability to acquire new customers. ZeroSum is the first and only company that matches consumer demand with automotive data in real time. For more information, visit www.zerosum.ai.
For media inquiries, please contact ldagg@zerosum.ai.
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SOURCE ZeroSum | https://www.wibw.com/prnewswire/2022/07/26/zerosum-market-first-report-july-2022-automotive-new-used-ev-inventory-data-sales-forecasts/ | 2022-07-26T18:17:30Z |
OpenText Showcases Business-to-Anything Integration at Gartner® Supply Chain Symposium/Xpo 2022
WATERLOO, ON, June 6, 2022 /PRNewswire/ -- As businesses everywhere reassess their supply chains in response to continued global disruptions, OpenText™ (NASDAQ: OTEX), (TSX: OTEX), a leading provider in supply chain integration solutions, is helping power the future of supply chain operations through their latest Business Network Cloud innovations. The company is set to showcase several of their solutions at Gartner Supply Chain Symposium/Xpo™ 2022.
"Global supply chain disruptions have forced companies to rethink their operations," said Sandy Ono, Executive Vice President and CMO at OpenText. "As leaders accelerate investments in new digital supply chain technologies, ensuring these technologies work efficiently together is a strategic priority. OpenText has a full portfolio of supply chain integration solutions to help businesses digitize their processes, gain end-to-end visibility across their connected business ecosystem, and better respond to changing global trade dynamics."
According to an Accenture survey, eight out of ten chief supply chain officers acknowledge that accelerating digitization of supply chains is essential, but that current digital maturity is still stuck in pilot phase and hindered by aging legacy technologies and lack of funds.
OpenText is an indisputable leader in the supply chain market. In fact, 88 per cent of companies listed in Gartner's Supply Chain Top 25 for 2022 leverage OpenText Business Network Cloud solutions.* New to market and designed for companies of all sizes is OpenText Business Network Cloud Foundation (BN Cloud Foundation). This recent offering provides a single, unified integration environment that allows companies to seamlessly integrate with more than one million pre-connected trading partners, including suppliers, logistics carriers, distributors and financial institutions anywhere in the world. BN Cloud Foundation leverages powerful self-service capabilities and pre-built ERP adapters to empower companies of all sizes to implement and manage their own integration environment. This new offering brings enterprise-grade integration capabilities to mid-market size companies in a more cost-efficient way, while providing a more "future proof" platform that can scale to meet evolving business needs.
"Following recent business mergers and acquisitions, we were in need of a significant change to our existing software in order to integrate the management of our business processes," said Kelly Kleinfelder CIO, Jacent Strategic Merchandising. "We are excited to work with OpenText leveraging their Business Network Cloud Foundation solution to help integrate our businesses information and processes, simplify and accelerate our digital transformation, and offer us the scalability we need for a successful future."
The OpenText Business-to-Anything (B2A) integration approach is the future for successful supply chain operations. During the Gartner Supply Chain Symposium/Xpo, Ville Parkkinen, Director, Product Marketing, Business Network, at OpenText is presenting a session focused on the evolution of supplier collaboration, and how a business-to-anything integration approach enables seamless information exchanges between people, systems, and things across the digital ecosystem. Parkkinen will also share insights on how organizations can avoid creating isolated data silos while increasing their use of technology to support better process automation and greater visibility into their supply chain network.
Other Business Network Cloud innovations on display at The Symposium/Xpo's OpenText booth #207 include:
- OpenText Trading Grid: enables organizations to leverage an ERP application adapter for SAP S/4HANA to support order-based transaction flows and enhanced self-service features. As part of its Business-to-Anything approach, Trading Grid offers a range of connectivity options, including a large library of API connectors for companies that want to optimize and successfully integrate supply chain processes into business systems such as SAP, Oracle, and SalesForce.
- OpenText Active Access: provides secure, single sign-on access to supply chain information for both internal and external users to facilitate digital collaboration. It enables centralized user management with the ability to delegate admin tasks to partners to lower costs and improve quality of user data.
- OpenText Active Invoices with Compliance Solution: automates electronic invoicing and ensures compliance with the constantly evolving global e-Invoicing regulations. It eliminates the complexity of varying country regulations in global business and shields users from the risk of increasing regulations impacting Procure-to-Pay and Order-to-Cash business processes.
Leveraging insights from working with the world's leading supply chains, Business Network Cloud releases new innovations every quarter to help customers improve supply chain integration and accelerate digital transformation initiatives. Later this month, OpenText will also announce the latest integrations and product features that will be available in its newest OpenText Cloud Edition.
Join us at the Gartner Supply Chain Symposium/Xpo June 6-8 in Orlando, Florida. Register here for a meeting with OpenText.
*Gartner, The Gartner Supply Chain Top 25 for 2022: Masters, Top 25 and Industry Leaders, Mike Griswold, Pia Orup Lund, 25 May 2022.
GARTNER and SUPPLY CHAIN SYMPOSIUM/XPO are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
OpenText, The Information Company™, enables organizations to gain insight through market-leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com
Connect with us:
OpenText CEO Mark Barrenechea's blog
Twitter | LinkedIn
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies, and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Copyright © 2022 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.
Jaclyn Atwood-Powell
OpenText
publicrelations@opentext.com
OTEX-G
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SOURCE Open Text Corporation | https://www.wibw.com/prnewswire/2022/06/06/latest-opentext-business-network-cloud-innovations-drive-seamless-connectivity-across-digital-ecosystems/ | 2022-06-06T13:41:45Z |
Strong quarterly revenue of $43.8 million
Bitcoin holdings increased 14.6% to 7,406 in Q2
Achieved adjusted EBITDA(i) of $6.8 million
TORONTO, Aug. 11, 2022 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT), ("Hut 8" or the "Company") one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, is pleased to announce its financial results for the quarter ended June 30, 2022. All dollar figures are in Canadian Dollars ("CAD"), unless otherwise stated.
"We have been anticipating market volatility for nearly a year and took proactive measures to successfully navigate the current downturn through the balance of the cycle," said Jaime Leverton, CEO of Hut 8. "Our continued growth in digital asset mining operations and in our Bitcoin reserves, coupled with our first full quarter generating uncorrelated fiat revenue in our high performance computing business, has positioned us well to drive future success."
"Our operational orientation and conservative, balance sheet first approach continued to serve us well in the second quarter," said Shane Downey, CFO of Hut 8. "We generated strong revenue in our digital asset mining business, made strides in solidifying and growing our high performance computing business and remain focused on the continued health of the company overall."
- Revenue increased by $10.3 million to $43.8 million compared to $33.5 million for the quarter ended June 30, 2021 ("Q2 2021").
- The Company mined 946 Bitcoin in the quarter ended June 30, 2022 ("Q2 2022"), a 71% increase compared to the same period in 2021 due to an increase in hashrate from additional highly efficient miners and initial ramping of activities at Hut 8's third mining site in North Bay, Ontario.
- Hut 8's high performance computing operations generated $4.7 million of revenue in the quarter, the majority of which is monthly recurring revenue.
- Hut 8's mining site in North Bay, Ontario has been gradually ramping up with approximately 20 MW of power and approximately 5,800 miners installed as of June 30, 2022, which are adding approximately 565 PH/s to Hut 8's mining capacity.
- The Company installed 7,199 new MicroBT M30S, M30S+, and M31S+ miners at the Drumheller, Alberta, Medicine Hat, Alberta, and North Bay, Ontario facilities during Q2 2022. The installation of these miners brought Hut 8's operating capacity to 2.78 EH/s as of June 30, 2022, an increase of 9% in hashrate compared to March 31, 2022.
- The Company further strengthened its executive team with the appointment of Aniss Amdiss as Chief Legal Officer, effective July 11, 2022.
Revenue for Q2 2022, was $43.8 million compared to $33.5 million in Q2 2021. The increase was primarily driven by the Company's digital asset mining operations, where the Company mined 946 Bitcoin and generated $39.1 million of revenue, versus 553 Bitcoin mined and $31.4 million of revenue in Q2 2021. The increase in Bitcoin mined is due to the significant increase in Hut 8's average hashrate stemming from the expansion of the Company's highly efficient mining fleet and ramp-up activities of the Company's new site in North Bay, Ontario. The Company's newly-acquired high performance computing operations generated $4.7 million of primarily recurring revenue in the quarter.
Net loss for Q2 2022 was $88.1 million and net loss per share was $0.49, compared to net loss of $4.0 million and net loss per share of $0.03 for the same period in 2021. The change reflects the non-cash revaluation loss on digital assets, partially offset by higher revenue and the non-cash revaluation gain on warrants liability.
Mining profit(i) was $14.9 million in Q2 2022, compared to $19.3 million in Q2 2021. The change is mainly due to a lower average Bitcoin price and increased average power costs, which were partially offset by the revenue associated with the higher number of Bitcoin mined.
Adjusted EBITDA(i) was $6.8 million, compared to $14.4 million in Q2 2021. Increased revenues from mining operations and contributions from high performance computing operations were offset by compressed mining margins due to lower average Bitcoin price and higher general and administrative expenses incurred to support the growth in Hut 8's mining and high performance computing operations.
Cost of revenue consists of site operating costs and depreciation and was $47.7 million for Q2 2022 compared to $16.6 million in Q2 2021. Site operating costs for the quarter ended June 30, 2022, was $26.8 million, of which $24.5 million was attributable to our mining operations and $2.3 million to our high performance computing operations. The average cost of mining each Bitcoin for Q2 2022 was approximately $25,900, compared to approximately $24,700 per Bitcoin in Q2 2021. The increase in average cost of mining Bitcoin was primarily due to higher power prices, partially offset by the deployment of a more efficient mining fleet. Depreciation expense increased to $20.9 million during Q2 2022 compared to $3.0 million in Q1 2021, driven by the significant deployment of new mining equipment over the past twelve months as well as $1.3 million of additional depreciation from our newly acquired high performance computing operations.
For more information, please refer to the Management's Discussion & Analysis and the unaudited condensed interim consolidated financial statements of the Company for the three and six months ended June 30, 2022 and 2021. These documents will be available on the Company's website at www.hut8mining.com, under the Company's SEDAR profile at www.sedar.com, and under the Company's EDGAR profile at www.sec.gov.
This press release makes reference to certain measures that are not recognized under IFRS and do not have a standardized meaning prescribed by IFRS. They are therefore not necessarily comparable to similar measures presented by other companies. The Company uses non-IFRS measures including "Adjusted EBITDA" and "Mining profit" as additional information to complement IFRS measures by providing further understanding of the Company's results of operations from Management's perspective and should not be viewed as alternatives to, or replacements of, measures of operating results and liquidity presented in accordance with IFRS.
The following tables and definitions reconcile non-IFRS measures used by the Company to analyze the operational performance of Hut 8, to their nearest IFRS measure and should be read in conjunction with the unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2022 and 2021.
Mining Profit
"Mining profit" represents gross profit (revenue less cost of revenue), excluding depreciation and revenue and site operating costs directly attributable to hosting services and high performance computing operations. Mining profit shows profitability of the Company's core digital asset mining operation, without the impact of non-cash depreciation expense. Mining profit measure provides the investors the ability to assess the profitability of the mining operations exclusive of general and administrative expenses.
The following table reconciles Gross profit to our non-IFRS measure, Mining profit:
Adjusted EBITDA
"Adjusted EBITDA" represents EBITDA (net income or loss excluding net finance income or expense, income tax or recovery, depreciation, and amortization) adjusted to exclude non-cash share-based compensation, fair value gain or loss on revaluation of digital assets and warrants, non-recurring impairment charges or reversals of impairment, and costs associated with one-time or non-recurring transactions. Adjusted EBITDA is used to assess profitability without the impact of non-cash accounting policies, capital structure and one-time or non-recurring transactions. This performance measure provides a consistent comparable metric for profitability of the Company across time periods.
The following table reconciles net income (loss) to our non-IFRS measure, adjusted EBITDA:
Hut 8 anticipates that based on the current installed hashrate and scheduled deliveries of new miners, the Company will reach 3.55 EH/s organically by the end of 2022.
As part of the Company's ongoing integration of the recently acquired high performance computing operations, Hut 8 rationalized certain low-margin product and service offerings during the second quarter. Hut 8 believes these improvements will better position the Company to realize profitable revenue growth in 2023. As a result, the Company has withdrawn the revenue growth guidance provided in its Q1 2022 results.
Hut 8's Q2 2022 conference call will begin at 10 a.m. ET on August 11, 2022. Those wishing to join via telephone should dial in 5 minutes early:
- Within Canada and the US: 1-888-664-6392 access code: 62590720#
A full list of Hut 8 Mining analyst coverage can be found here.
This press release includes "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, "forward-looking information"). All information, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion and growth of the Company's businesses, operations, plans and other such matters is forward-looking information. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information. Specifically, such forward-looking information included in this press release include, but are not limited to, statements with respect to the following: the Company's position and ability to seize opportunities in the digital asset industry; the Company's ability to advance the HODL strategy in the long-term; the Company's growth strategy; estimates of increased recurring revenue from the Company's high-performance computing business and the amount thereof; the Company's estimated margins of the high performance computing business and its ability to optimize margins in the future; expectations for other economic, business, regulatory and/or competitive factors related to the Company or the Bitcoin industry generally; and projected hash rate, expenses and profitability.
Statements containing forward-looking information are not historical facts, but instead represent management's expectations, estimates and projections regarding future events based on certain material factors and assumptions at the time the statement was made. Material assumptions include: assumptions regarding the level of demand and financial performance of the digital asset industry, effective tax rates, the U.S./Canadian dollar exchange rate, the expected impact of the COVID-19 pandemic, inflation, access to capital, timing and receipt of regulatory approvals, acquisition and divestiture activities, operational expenses, returns on investments, transaction costs and fluctuations in energy prices and the Company's energy requirements.
Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by Hut 8 as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to security and cybersecurity threats and hacks, malicious actors or botnet obtaining control of processing power on the Bitcoin network, further development and acceptance of the Bitcoin network, changes to Bitcoin mining difficulty, loss or destruction of private keys, increases in fees for recording transactions in the Blockchain, erroneous transactions, reliance on a limited number of key employees, reliance on third party mining pool service providers, regulatory changes, classification and tax changes, momentum pricing risk, fraud and failure related to digital asset exchanges, difficulty in obtaining banking services and financing, difficulty in obtaining insurance, permits and licenses, internet and power disruptions, geopolitical events, uncertainty in the development of cryptographic and algorithmic protocols, uncertainty about the acceptance or widespread use of digital assets, failure to anticipate technology innovations, the COVID19 pandemic, climate change, currency risk, lending risk and recovery of potential losses, litigation risk, business integration risk, changes in market demand, changes in network and infrastructure, system interruption, changes in leasing arrangements, counterparty risk, failure to achieve intended benefits of power purchase agreements, including securing full power benefits at current sites, the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities and other risks related to the digital asset mining and data centre business. For a complete list of the factors that could affect the Company, please see the "Risk Factors" section of the Company's Annual Information Form dated March 17, 2022 and Hut 8's other continuous disclosure documents which are available on Company's website at www.hut8mining.com, under the Company's SEDAR profile at www.sedar.com and under the Company's EDGAR profile at www.sec.gov.
These factors are not intended to represent a complete list of the factors that could affect Hut 8; however, these factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described in this press release as intended, planned, anticipated, believed, sought, proposed, estimated, forecasted, expected, projected or targeted and such forward-looking statements included in this press release should not be unduly relied upon. The impact of any one assumption, risk, uncertainty, or other factor on a particular forward-looking statement cannot be determined with certainty because they are interdependent and Hut 8's future decisions and actions will depend on management's assessment of all information at the relevant time. The forward-looking statements contained in this press release are made as of the date of this press release, and Hut 8 expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.
Hut 8 is one of North America's largest innovation-focused digital asset miners, led by a team of business-building technologists, bullish on bitcoin, blockchain, Web 3.0 and bridging the nascent and traditional high performance computing worlds. With two digital asset mining sites located in Southern Alberta and a third site in North Bay, Ontario, all located in Canada, Hut 8 has one of the highest capacity rates in the industry and one of the highest inventories of self-mined Bitcoin of any digital asset miner or publicly-traded company globally. With 36,000 square feet of geo-diverse data centre space and cloud capacity connected to electrical grids powered by significant renewables and emission-free resources, Hut 8 is revolutionizing conventional assets to create the first hybrid data centre model that serves both the traditional high performance compute (Web 2.0) and nascent digital asset computing sectors, blockchain gaming, and Web 3.0. Hut 8 was the first Canadian digital asset miner to list on the Nasdaq Global Select Market. Through innovation, imagination, and passion, Hut 8 is helping to define the digital asset revolution to create value and positive impacts for its shareholders and generations to come.
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SOURCE Hut 8 Mining Corp | https://www.mysuncoast.com/prnewswire/2022/08/11/hut-8-reports-operating-financial-results-q2-2022/ | 2022-08-11T11:15:12Z |
COLOGNE, Germany (AP) — Lithuania unsuccessfully protested its double-overtime loss to Germany at the EuroBasket tournament Sunday, arguing that referees did not award it a free throw following a technical foul in regulation.
FIBA denied the protest.
That means it’s a German win — and a huge one for the hosts. Franz Wagner scored 32 points, Dennis Schroder added 25 and Germany prevailed 109-107 in a game that was tight throughout, with neither team ever leading by more than nine points.
“We are not happy,” Lithuania coach Kazys Maksvytis said.
The Germans were thrilled, since they’re now certain to advance out of group stage and reach the tournament’s knockout round.
According to FIBA, Germany coach Gordie Herbert was called for a technical with 1:26 left in the third quarter, after a personal foul was whistled against his team. Jonas Valanciunas shot two free throws for Lithuania for the personal foul, but no free throw for the technical was awarded.
Herbert said he was told by one of the referees with 7 seconds left in regulation that there was “a situation” regarding the technical and what should have happened.
“That was the first time I heard about it,” Herbert said.
FIBA said the protest was “inadmissible as the protest reasons were delivered outside the designated time of 60 minutes after the game.” But FIBA added that the protest, even if filed in a timely manner, would have been rejected “as the reason presented is not one of the reasons under which a protest can be filed.”
Arnas Butkevicius’ 3-pointer from the left wing for Lithuania — the potential game-winner — bounced off the rim as the clock ran out in the second extra session.
Maodo Lo scored 21 points for Germany (3-0) and Daniel Theis added 11.
Valanciunas had game highs of 34 points and 14 rebounds for Lithuania (0-3), while Marius Grigonis scored 17, Domantas Sabonis finished with 13, Ignas Brazdekis scored 12 and Mindaugas Kuzminskas added 11.
Lithuania’s three losses have been by seven, four and two points.
“It was a tough game,” Valanciunas said. “They played well. I thought we responded for most of the time. … Congrats to them.”
Valanciunas scored the final four points of regulation as Lithuania rallied from down 89-85 in the final 42 seconds. Schroder missed a stepback jumper at the buzzer of the fourth, and Wagner missed one at the end of the first overtime.
But in the second OT, the Germans scored the first five points and never trailed. Valanciunas was subbed out with 2:29 left, Lo made a 3-pointer 17 seconds later for a 106-102 lead and Germany held on.
“To come out on top, after all of that, I think it’s definitely a sign of our character and togetherness as a team,” Lo said.
GROUP B
BOSNIA AND HERZEGOVINA 97, SLOVENIA 93
Also at Cologne, Bosnia and Herzegovina (2-1) surprised Luka Doncic and defending EuroBasket winner Slovenia (2-1) behind 23 points from John Roberson and 22 from Dzanan Musa.
Miralem Halilovic scored 13, while Jusuf Nurkic and Edin Atic each had 12 for the winners.
Doncic had 18 points, eight rebounds and eight assists for Slovenia but went 0 for 8 from 3-point range. Vlatko Cancar led Slovenia with 22 points, Goran Dragic added 20, Klemen Prepelic scored 12 and Mike Tobey finished with 11.
FRANCE 78, HUNGARY 74
Guerschon Yabusele scored 17 points and France (2-1) wasted most of a 15-point lead before hanging on late to defeat Hungary (1-2).
Adam Hanga’s 3-pointer with 1:04 left got Hungary within 74-72. Hungary got a stop on the next France possession and had a shot at what would have been its first lead, but David Vojvoda’s 3-point try bounced off the rim with 23 seconds remaining.
Rudy Gobert scored 15 points, Evan Fournier added 12 and Vincent Poirier had 10 for France.
Hanga scored 18 for Hungary, and Mikael Hopkins added 10.
GROUP A
BELGIUM 83, SPAIN 73
At Tbilisi, Georgia, Manu Lecomte scored 20 points and Belgium ended the game on a 12-0 run to surprise Spain.
Pierre-Antoine Gillet scored 14 points for Belgium (2-1), which got 11 from Retin Obasohan and 10 from Ismael Bako.
Willy Hernangomez scored 18 for Spain (2-1), while Juancho Hernangomez and Lorenzo Brown each had 11.
MONTENEGRO 91, BULGARIA 81
Vladimir Mihailovic scored 23 points and Montenegro (2-1) ended the game on an 18-6 run to rally past Bulgaria (0-3).
Igor Drobnjak and Bojan Dubljevic each had 17 points for Montenegro, Nemanja Radovic added 16 and Kendrick Perry scored 12.
Aleksandar Vezenkov led all scorers with 26 for Bulgaria, which led 75-73 in the fourth before missing eight of its last 10 shots. Andrey Ivanov finished with 17 and Chavdar Kostov added 10 for Bulgaria, which tried 64 shots in the game — 40 of them from 3-point range.
GEORGIA 88, TURKEY 83, 2OT
The host nation in Group A rallied from an early 10-point deficit and handed Turkey (2-1) its first loss, though there was even more controversy following the game.
Turkey alleged that one of its players — local media said it was Furkan Korkmaz — got into an altercation in the locker room area following the game. It was unclear who else was involved in the incident.
Turkey assistant coach Hakan Demir said his national federation wants to review security footage. Turkey was also upset that 22 seconds ran off the clock during a fourth-quarter on-court altercation between Korkmaz and Georgia’s Duda Sanadze.
“We will watch the cameras,” Demir said. “This kind of thing, unfortunately, is a big disappointment. We are here to play basketball. … On the court, Georgia won the game. We congratulate them. It’s no problem. We lost in two overtimes. Does not matter.”
Korkmaz and Sanadze were both ejected.
Alexander Mamukelashvili had 20 points and 12 rebounds for Georgia (1-2), while Thaddus McFadden scored 17, Rati Andronikashvili and Giorgi Shermadini each scored 15 and Sanadze added 13.
Alperen Sengun led Turkey with 21 points on 10-of-14 shooting. Sertac Sanli scored 15, Cedi Osman added 14 and Melik Mahmutoglu had 11. Shane Larkin finished with nine points, eight rebounds, seven assists and five steals.
Turkey’s loss created a four-way tie with Montenegro, Spain and Belgium joining it atop Group A. The top four teams in each group advance to the knockout stage.
MONDAY’S SCHEDULE
Group C and Group D return to the floor. Group A and Group B get a rest day.
In Group C, at Milan, Ukraine (2-0) will look to remain unbeaten when it faces host Italy (1-1). Also in Milan on Monday: Greece (2-0), which has won its two games by a combined eight points, takes on Great Britain (0-2) and Croatia (1-1) faces Estonia (0-2).
In Group D, at Prague, Serbia (2-0) plays Finland (1-1), Israel (2-0) takes on Poland (1-1) and the Czech Republic (0-2) meets the Netherlands (0-2).
All four groups are in action Tuesday, with 12 games on the schedule. Group play continues through Thursday and the round of 16 starts in Berlin on Saturday.
___
More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-lithuania-protests-double-ot-loss-to-germany-at-eurobasket/ | 2022-09-05T02:04:09Z |
NEW YORK (AP) — World Central Kitchen founder Jose Andres, Jordan’s Queen Rania, BlackRock CEO Larry Fink and “Hamilton” creator Lin-Manuel Miranda will help relaunch the Clinton Global Initiative in September, when the gathering of international dignitaries returns after six years.
The two-day meeting Sept. 19 and 20 in New York is built around a theme of “The Business of How,” looking to create partnerships between political, business and philanthropic leaders.
“We called the CGI community back together this year because we face an urgent and historic moment,” former President Bill Clinton said in a statement Thursday. “The global community is confronting several existential challenges, including climate change, new threats to our health, worsening economic inequalities, and a global refugee crisis.”
The Clinton Foundation’s annual gathering was called off in 2016 during former Sen. Hillary Clinton’s presidential campaign, when questions were raised about the appearance of potential conflicts of interests if CGI donors then had business before her administration.
Organizers say this year’s gathering will combine a mix of proven solutions to issues that can be shared around the world and fostering new connections that can create new solutions.
That means luminaries — including Nobel Peace Prize winner Malala Yousafzai, actor and water access activist Matt Damon, as well as several philanthropic leaders including Emerson Collective founder Laurene Powell Jobs, Mellon Foundation CEO Elizabeth Alexander and Case Foundation co-founder Steve Case — can discuss both past successes and current needs.
Tom Watson, founder of social sector consulting firm CauseWired, said the Clinton Global Initiative’s model for attacking problems from several vantage points has been missed.
“It is a rare structure that brings together a lot of different types of organizations and people,” said Watson, who attended CGI, which launched in 2005, several times and did some consulting work for the initiative in the past, though he is not involved in this year’s event. “I know that when it went on hiatus as an annual meeting, there were nonprofits and foundations and corporate social responsibility types that definitely missed it. Nobody really filled the vacuum. From that aspect, it’s really a good thing that it is coming back.”
Watson, who also teaches nonprofit management at Columbia University, said that the current immense needs caused by the COVID-19 pandemic and the war in Ukraine require new approaches and collaboration.
“We need all hands on deck,” said Watson, who plans to attend this year’s event. “This allows many different kinds of players to come together.”
____
Associated Press coverage of philanthropy and non-profits 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. For all of AP’s philanthropy coverage, visit https://apnews.com/hub/philanthropy. | https://cw33.com/business/ap-business/clinton-initiatives-nyc-return-includes-andres-queen-rania/ | 2022-08-12T03:17:28Z |
A wildfire raging for a third day Sunday in central California's Mariposa County outside Yosemite National Park has burned more than 14,000 acres and forced thousands to evacuate from rural communities, officials said,
The fire, which remained 0% contained Sunday morning, began Friday in the foothills of the Sierra Nevada near the small community of Midpines, roughly a 9-mile drive northeast of the county seat, the town of Mariposa, state fire officials said.
Flames tore through trees and sent thick smoke into the sky Friday, and in at least one rural area burned close to homes and parked vehicles, video from CNN affiliates KFSN and KGO showed.
"(Authorities) came by ... and told us everybody's got to go," Wes Detamore, a resident of the Mariposa Pines area, told KFSN Friday.
Gov. Gavin Newsom declared a state of emergency for Mariposa County after the fire forced more than 3,000 people to evacuate their homes, a news release from his office said. Activating a state of emergency allows for additional resources to aid response to the fire.
Electricity service in the area stopped Friday at about 4 p.m., "and the fire has been coming towards us faster and faster," Detamore said.
The fire had destroyed at least 10 structures and damaged another five, the California Department of Forestry and Fire Protection, known as Cal Fire, said Saturday. At that time, the blaze was threatening 2,000 other structures, Cal Fire said.
It had burned 6,555 acres by Saturday morning and nearly 12,000 that evening, according to Cal Fire. Fire activity was extreme, and emergency personnel were working to evacuate people and protect buildings, the department said.
Eleven fire crews with more than 400 personnel, as well as 45 fire engines and four helicopters, have been assigned to fight the flames, Cal Fire said.
Evacuations have been ordered for certain areas of Mariposa County south and east of the fire, as shown in an online map. The evacuation zones did not include the town of Mariposa.
A Red Cross evacuation center has been established at an elementary school in Mariposa, Cal Fire said.
The blaze comes as much of the US has been experiencing an extreme heat wave this week, with parts of California seeing temperatures in the triple-digits.
Wildfires scorching the western US in recent years have become more common due to worsening drought conditions fueled by climate change. In California alone, more than 2.5 million acres were burned in nearly 9,000 fires last year, according to Cal Fire.
Couple left with 'just the clothes on their back'
Nick Smith told CNN his parents' home burned down as a result of the fire. His parents, Jane and Wes Smith, lived in their Mariposa home for 37 years, he said.
"It's pretty sad to see the house that I grew up in and was raised in gone," he said. "It hits hard."
Smith told CNN that his father is a Mariposa sheriff and was working on the fire when his mother, Jane, had to evacuate. She had time to load their horses and get out of the area, according to Smith.
"They had just the clothes on their back and the shoes on their feet," he added.
In the meantime, the couple is staying with friends and family. Smith created a verified GoFundMe to support his parents and help them overcome their loss.
"They lived in their home for over 37 years, and now have lost everything," Smith wrote on the GoFundMe. "37 years of memories, generations of family treasures, and countless more sentimental things. Although these are materials, it is devastating to lose everything literally in the blink of an eye without notice."
The blaze is a few dozen miles southwest of Yosemite National Park's southern edges, though the park is closer when measured by a straight line.
The Oak Fire is the largest of California's currently active wildfires of note, which numbered at least six Saturday morning, according to Cal Fire.
The second-largest, the Washburn Fire, has burned in and near southern Yosemite National Park for more than two weeks. It had burned more than 4,850 acres and was 79% contained by Saturday morning, according to InciWeb, a US clearinghouse for fire information.
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accounts, the history behind an article. | https://www.albanyherald.com/news/californias-fast-moving-oak-fire-burns-14-000-acres-and-forces-thousands-to-evacuate-outside/article_3bf5884e-8c7f-57b9-acca-41c6c0992b40.html | 2022-07-24T16:43:53Z |
Doctor arrested for selling illegal prescriptions, found with $1.9 million, authorities say
PINELLAS COUNTY, Fla. (Gray News) - Detectives in Florida say a doctor is under arrest for selling prescription drugs while writing false prescriptions.
According to the Pinellas County Sheriff’s Office, an investigation started in May when the Narcotics Division received information about fraudulent prescriptions being written and sold by a doctor.
According to detectives, Dr. Neelam Uppal, 62, was identified as potentially writing the illegitimate prescriptions, specifically for promethazine codeine syrup and oxycodone.
Detectives said Uppal had sold over 550 promethazine codeine syrup prescriptions and “hundreds” of oxycodone prescriptions this year while preying on drug addicts for several years.
During their investigation, authorities said Uppal prescribed the drugs to undercover detectives without seeing, examining or speaking to them.
Detectives reported they received the prescriptions from Uppal after paying her $650 for the promethazine codeine syrup and $450 for the oxycodone prescription.
Officials said Uppal is listed as an infectious disease doctor in Florida, but the health department showed the 62-year-old was on a probationary status.
On Tuesday, detectives served a search warrant at Uppal’s residence and business. They said while they were at her home, two people arrived to get additional fraudulent prescriptions.
The sheriff’s office said detectives located the following items in their search:
- Multiple prescription pads
- Minimal patient records and documents
- Multiple handwritten ledgers
- Multiple prescriptions filled out with a variety of patients’ names
- $1.9 million in cash
- Gold bars and jewelry valued at about $175,000
The Pinellas County Sheriff’s Office said Uppal was charged with three counts of trafficking codeine and three counts of trafficking oxycodone. She was taken into custody and transported to the Pinellas County Jail.
Additionally, the Drug Enforcement Administration served Uppal with a civil injunction to revoke her ability to further prescribe medication.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/07/29/doctor-arrested-selling-illegal-prescriptions-found-with-19-million-authorities-say/ | 2022-07-29T20:48:37Z |
WATCH: Woman arrested after waving pitchfork, whip outside grocery store
Published: Jul. 26, 2022 at 10:38 AM CDT|Updated: 58 minutes ago
CLERMONT, Fla. (CNN) – A woman was arrested in Florida for waving a pitchfork and whip outside a Publix last week.
Video from the Florida Highway Patrol shows the woman standing outside in the rain in the parking lot.
Police identified her as 56-year-old Lisa Anne Slone and said she caused damage to a vehicle with the pitchfork.
Police said Slone was at the store trying to sell teddy bears. When an officer asked if she had taken anything that day, she answered yes.
Slone has been charged with aggravated assault with a deadly weapon.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/26/watch-woman-arrested-after-waving-pitchfork-whip-outside-grocery-store/ | 2022-07-26T16:36:44Z |
CANTON, Conn., July 11, 2022 /PRNewswire/ -- Kelyniam Global (OTC:KLYG), a maker of custom cranial implants, today announced the Board Member Desiree Webb is joining the commercial team to lead Sales and Strategic Development as Vice President.
"I'm pleased to announce that Desiree Webb, a Kelyniam Board Member, has agreed to join our leadership team as the Vice President of Sales and Strategic Development," said Ross Bjella, Kelyniam's Chairman and CEO. "Desiree is an innovative healthcare executive who brings over 20 years of experience to Kelyniam Global. Her experience in healthcare is centered on sales, strategy, medical technology, recruitment and operations. She has held several Vice President positions with large healthcare corporations and has received awards throughout her career for exceeding growth, recruitment and quality goals."
Ms. Webb's tenure encompasses eleven years with HCA Healthcare where she was the Vice President of Orthopedics and Neuroscience. In addition to sitting on the Board of Directors at Kelyniam, she holds a Bachelor of Science degree from the University of Florida, and a MBA in Healthcare Administration.
Ms. Webb's primary focus at Kelyniam Global will be to increase the growth of the company's craniofacial implants through education and alignment with surgeons, medical device distributors, large purchasing organizations, and hospital and healthcare providers. She will also be focused on strengthening the relationships with current licensing partners and the development of a robust pipeline of new technologies to expand the Kelyniam product portfolio.
Kelyniam Inc., specializes in the rapid production of custom prosthetics utilizing computer aided design and computer aided manufacturing of advanced medical grade polymers. The Company develops, manufactures, and distributes custom cranial and maxillo-facial implants for patients. Kelyniam works directly with surgeons, health systems and payors to improve clinical and cost-of-care outcomes. Kelyniam's web site address is www.Kelyniam.com.
As a cautionary note to investors, certain matters discussed in this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its service and product sales plans; changes in the status of ability to market products; and the risks described from time to time in the Company's SEC reports.
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SOURCE Kelyniam Global, Inc. | https://www.kxii.com/prnewswire/2022/07/11/kelyniam-announces-new-vice-president-sales-strategic-development/ | 2022-07-11T16:53:44Z |
NORTHWICH, England, June 24, 2022 /PRNewswire/ -- Tata Chemicals Europe ("TCE") today opened the UK's first industrial scale carbon capture and usage plant today, signalling a key milestone in the race to meet the UK's net zero targets.
The £20 million investment has been completed by UK-based Tata Chemicals Europe, one of Europe's leading producers of sodium carbonate, salt and sodium bicarbonate. The plant captures 40,000 tonnes of carbon dioxide each year - the equivalent to taking over 20,000 cars off the roads and reduces TCE's carbon emissions by more than 10%. The project will help unlock the future of carbon capture as it demonstrates the viability of the technology to remove carbon dioxide from power plant emissions and to use it in high end manufacturing applications.
In a world-first, carbon dioxide captured from energy generation emissions is being purified to food and pharmaceutical grade and used as a raw material in the manufacture of sodium bicarbonate which will be known as Ecokarb®. This unique and innovative process is patented in the UK with further patents pending in key territories around the world.
Ecokarb® will be exported to over 60 countries around the world. Much of the sodium bicarbonate exported will be used in haemodialysis to treat people living with kidney disease.
The carbon capture plant, which was supported with a £4.2m grant through the UK Department of Business, Energy and Industrial Strategy's ("BEIS") Energy Innovation Programme, marks a major step towards sustainable manufacturing which will see TCE make net zero sodium bicarbonate and one of the lowest carbon footprint sodium carbonate products in the world. These are used to make essential items like glass, washing detergents, pharmaceutical products, food, animal feed and in water purification.
Martin Ashcroft, Managing Director of Tata Chemicals Europe, said: "The completion of the carbon capture and utilisation plant enables us to reduce our carbon emissions, whilst securing our supply of high purity carbon dioxide, a critical raw material, helping us to grow the export of our pharmaceutical grade products across the world.
"With the support of our parent company, Tata Chemicals, and BEIS, we have been able to deliver this hugely innovative project, enabling our UK operations to take a major step in our carbon emissions reduction journey. Since 2000 we've reduced our carbon intensity by 50% and have a clear roadmap to reduce this by 80% by 2030."
Speaking about the opening of the plant, Secretary of State for Business and Energy, Kwasi Kwarteng, said: "This cutting-edge plant, backed by £4.2 million government funding, demonstrates how carbon capture is attracting new private capital into the UK and is boosting new innovation in green technologies.
"We are determined to make the UK a world-leader in carbon capture, which will help us reduce emissions and be a key part of the future of British industry."
For more information visit: Carbon Capture & Utilisation | www.tatachemicalseurope.com.
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SOURCE Tata Chemicals Europe | https://www.kxii.com/prnewswire/2022/06/24/tata-chemicals-europe-opens-uks-largest-carbon-capture-plant/ | 2022-06-24T05:50:39Z |
EUGENE, Ore. (AP) — It only made sense that Sydney McLaughlin would run the last, victorious lap of world championships for the United States.
It only made sense she would win that race by a lot.
America’s burgeoning speed star turned a close 4×400-meter relay into a laugher on the anchor leg Sunday, putting the final stamp on the first worlds held in the U.S. and delivering America’s record 33rd medal of the meet.
It was the 13th gold for the U.S., one short of the all-time mark.
“We’re deep,” McLaughlin said. “We have a lot of really amazing athletes and we all put our 100% best out there every time we perform.”
After taking the baton from Britton Wilson, McLaughlin turned a .73-second lead into a 2.95-second blowout over Jamaica, adding this burst of speed to the world record she set two nights earlier in the 400 hurdles, when she finished in 50.68.
This one was especially sweet, as it also marked the 14th and final world gold for 36-year-old Allyson Felix, who came out of retirement to run in the preliminary of the 4×400 and, so, gets a medal. She finishes her career with a record 20 world medals, overall.
“She came back yesterday and I was like, I mean, if we’re gonna go do it, we might as well do it big,” McLaughlin said. “And I’m really happy for her amazing career.”
The U.S. team, also featuring Talitha Diggs and Abby Steiner, who was part of the winning 4×100 relay team the night before, won the women’s race in 3 minutes, 17.79 seconds.
The 33 medals were three more than the U.S. collected in 2017, and two more than East Germany won in 1987.
Other records fell, too — in the very first and very last action of the last session at hot-and-sunny Hayward Stadium, the 25,000-seat gem built at University of Oregon to bring the worlds to Eugene.
Nigeria’s Tobi Amusan opened the evening by setting the record for the 100-meter hurdles in the semifinals: 12.12 seconds. She came back about 90 minutes later to win the gold medal. Her medal-race time was actually faster — 12.06 — but the wind was too strong, so that mark doesn’t go in the books.
“When I watched the record, I was like ‘Whoa, who did that?‘” Amusan said.
And after McLaughlin was done with her last lap, pole vaulter Armand Duplantis of Sweden cleared 6.21 meters (20 feet, 4 1/2 inches) to best his world record by .01.
“It’s like mania, and you’re just kind of going crazy,” Duplantis said of his reaction. “I barely remember the moment.”
As was the case through most of these 10 days, America’s medals came from every corner of the track — and the field.
Athing Mu said she struggled in capturing gold in the 800, busting through the two laps in 1:56.30 — a .08 margin over Britain’s Keely Hodgkinson.
“I’m just glad I could make it to the line and finish the race,” she said. “And thank God I won gold.”
The 20-year-old Mu is now the Olympic and world champion at that distance and, along with McLaughlin, part of a bright future for the United States with the Paris Olympics now two years away.
In between, a sprinter named Champion — Champion Allison — anchored the men’s 4×400 to an easy win for medal No. 32. The U.S. won in 2:56.17 for a 2.41-second margin over Jamaica.
Another medal went to U.S. pole vaulter Christopher Nilsen, who cleared 5.94 meters (19 feet, 5 3/4 inches), to clinch silver, then stepped aside to see what Duplantis would do.
The Olympic champion known as “Mondo” missed on his first attempt at the record, then waited for the relay, then got the crowd clapping in rhythm for him and cleared the bar.
Last year at the Olympics in Tokyo, the U.S. men got shut out of the sprints, leading to some questions about what was wrong.
Answer: Not much. With Fred Kerley and Noah Lyles leading the way, the men swept the sprints earlier in the week, and Ryan Crouser led a sweep in shot put. The 4×100 silver-medal relay team was messy — nothing new there — but it was a blip.
In all, the men walked away with four more medals than the women during this 10-day meet.
“It kind of fueled us to make a mark and demonstrate that we are Team USA, instead of people doubting us,” Michael Norman, who added the relay gold to his win in the 400 flat, said of the men’s reset after Tokyo. “I think we really stepped up based on that.”
In other action, Kevin Mayer of France won the decathlon, adding this to his title in 2017.
And the 5,000-meter title went to Jakob Ingebrigtsen of Norway, who finished in 13:09.24 in a special race.
That was the last race the legendary Steve Prefontaine of Oregon ran before a fatal car accident in Eugene in 1975.
It’s a city brimming with tributes to “Pre,” and in many ways, track’s biggest event, the world championships, ended up in this college town of 170,000 thanks to the tracks he laid down a half-century ago.
“This is probably the best place I could have won it,” Ingebrigtsen said.
All those U.S. medal holders would certainly agree.
___
More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/hurdler-amusan-sets-surprise-record-in-100m-at-worlds/ | 2022-07-25T19:36:08Z |
Associated Press headline: “First black woman sworn in as Supreme Court justice.”
I assume AP is guessing because in the confirmation hearing this so-called educated (insert pronoun here) couldn’t define what one was. I can’t wait to see how this one works out trying to decide really difficult questions. It’s gonna be fun.
Stay tuned ...
William Wewatitty
Troy | https://www.tdtnews.com/news/letters_to_the_editor/article_b4cc25dc-f97b-11ec-ab9e-6b3f69bb3fd8.html | 2022-07-03T14:06:36Z |
Brand Reveals Bold Science-Backed Food Equivalencies, Debuts Revolutionary Product Innovation to Address Nutrient Absorption & Invites Public to Immersive Three-Day Pop-Up Experience in New York City
SALT LAKE CITY, June 16, 2022 /PRNewswire/ -- Solaray, one of the original pioneers in supplement health and wellness, today announced its new brand campaign: Food Is Not Enough. In an era highlighted by growing food shortages and lack of access to nutrient-dense food sources, mounting scientific evidence reveals many Americans are not getting adequate nutrition from food alone, and that even those who strive to eat a wholesome diet can be deficient in key nutrients needed for overall well-being. With a reputation and legacy built on longstanding education efforts and award-winning innovation over nearly half a century, Solaray seeks to engage the public through its thought-provoking campaign work and strategic activations that reinforce the importance of healthy eating combined with the need for targeted use of high-quality dietary supplements to achieve proper nutritional balance. Designed to share the science of nutritional wellness with consumers everywhere, Food Is Not Enough celebrates the 'and'—how both food and Solaray supplements work best in concert to help adults of all ages access the quantity and variety of vitamins and minerals needed to support a healthy mind and body.
The latest multi-faceted creative campaign is punctuated with the market introduction of Solaray Liposomal Multivitamins: four clean, high-potency formulations that, thanks to proprietary technology, are designed to deliver quick and enhanced absorption to help consumers get far more out of their multivitamins than ever before.† Containing 100% liposomal nutrients and made with only the highest- quality ingredients, the Solaray Liposomal Multivitamin line promotes whole-body wellness, while also offering a targeted mix of immune system, bone health, antioxidant, and beauty support.*
On a mission to help everyone, everywhere Live Brighter and embrace the moments that matter most, Solaray supports people at every stage of their wellness journey—from every background and walk of life—in realizing their healthiest selves and creating the freedom to do what they love with the ones they love. By opening a thoughtful dialogue on common nutritional misconceptions, Solaray invites the public to come learn and discover at the brand's eye-opening Food Is Not Enough activation, a hosted pop-up experience in New York City June 16-18. Details include:
- Where: The Plaza at 17th and Broadway, adjacent to Union Square Greenmarket
- When: Thursday, June 16, 1pm - 6pm; Friday, June 17, 10am – 6pm; Saturday, June 18, 9am – 5pm
- What: Hyper-interactive experiences will engage, surprise, and inspire passersby, including a collection of unique visual installations that allow guests to learn about food-supplement-equivalencies alongside dynamic activities and challenges. Participants and winners will be rewarded onsite with brand prizing.
Because Food Is Not Enough
Curated to start a thoughtful dialogue around common nutritional misconceptions and to help people work through how to best create the wellness balance they seek, Solaray's Food Is Not Enough campaign showcases how much of a particular food one would have to consume in order to receive the equivalent nutritional value that's in a Solaray supplement serving. At a particular time when food scarcity is becoming more of a concern and more scientific data points to growing nutrient degradation, it relays the foundational message that Solaray vitamins work in tandem with food—not instead of—to better supplement nutrition gaps and help bodies reach peak performance. Highlights include:
- You would need to eat 50 cups of kale (or 61 figs, or 5 cups of red quinoa) to get the same relaxation, bone, and muscle support packed into one serving of Solaray Magnesium Glycinate.*
- You would need to eat one dozen oranges (or 133 strawberries) to achieve the same daily immune support found in one capsule of Solaray's timed-release Vitamin C 1000mg formula.*
- You would need to eat 50 cups of Greek yogurt to reach the same level of digestive support available in one capsule of Solaray Mycrobiome Women's Probiotic formula.*
"Most Americans are deficient in essential vitamins and minerals. Contributing factors including some systemic issues can impact and frankly threaten a person's overall nutritional health, like soil degradation, food scarcity or limited access to nutrient-dense food sources, as well as common mineral deficiencies across the U.S. and the underlying issue of sup-optimal nutrient absorption that impacts nearly all of us," said Chef Abbie Gellman, MS RD CDN and Solaray Science Advisory Team member. "Solaray gets to the heart of this with Food Is Not Enough, expertly marrying the aggregate power of science and nature to ignite a conversation about the truths of supplements."
Through validation, research and education, Solaray equips anyone with the freedom to advance their wellness through informed, self-aware decision making. Impactful at all stages of one's health journey, Solaray's vast product roster is designed to augment balanced diets by helping fill the naturally occurring nutritional gaps commonly found in the Standard American Diet (SAD). Learn more about Solaray's Food Is Not Enough initiative and the campaign's featured products and food equivalencies here.
Solaray Introduces Industry-First Liposomal Multivitamins in Powdered/Capsule Form
Inspired by the Food Is Not Enough campaign to help solve the underlying issues of nutrient availability and absorption, Solaray has announced what indeed may be a game-changing innovation: Solaray Liposomal Multivitamins.
- The industry's first liposomal multivitamins in powdered/capsule form are now available at Solaray.com and across participating health food retailers.
- The new line includes four formulations: Universal, Women's, Women's 50+ and Men's.
- Each high-potency formulation offers at least 30 different nutrients, with 18 or more vitamins and minerals at or over 100% of the Daily Value, to help bodies keep feeling and performing at their best.
Dr. Pamela M. Peeke, MD, MPH, FACP, FACSM, and Head of the Solaray Science Advisory Team, explains: "The fact that people absorb far less nutrients than they realize is an often-overlooked truth. Even the most purposeful, curated, 'healthy' food diets will have naturally occurring nutritional gaps. Arguably Solaray's most significant product launch to date, Solaray Liposomal Multivitamins are one of the industry's first solutions to address the challenge of sufficient nutrient absorption—offering a high-quality, efficacious product from one of the original supplement pioneers. The technology harnessed by Solaray experts is a paradigm shift for the supplement space, and will help people finally receive the level of nutrition they expect from their vitamins. Solaray Liposomal Multivitamins deliver on the brand's consistent track record of award-winning innovation for nearly 50 years and running—and there's more to come."
The nutrients in Solaray Liposomal Multivitamins are encased by liposomes, which, based on clinically studied liposomal Vitamin C and B-12, are believed to protect and carry the vitamins more effectively to absorption sites (aka cells).† Indeed, research with Vitamin C and B-12 suggests liposomal delivery offers more absorption than regular USP Vitamin C and B-12 tablets.† Like all Solaray products, every raw material in these new formulas is quality tested to the most stringent standards, from start to finish, to ensure the identity, potency and purity (lack of contaminants) of the ingredients on their own and the final product before it heads to consumers. Thanks to its rigorous testing and safe manufacturing practices, Solaray offers some of the cleanest, highest-quality supplements in the industry. To learn more, visit Solaray Liposomal Multivitamins.
As part of the Food Is Not Enough NYC activation, a limited run of Solaray Liposomal Multivitamins will be on-hand and made available to select recipients to take home ahead of the full rollout of this key innovation.
†Absorption based on clinical studies on Vitamin C and B12 by Cellg8® (a registered trademark of CELLg8®).
*These statements have not been reviewed by the FDA. These products are not intended to diagnose, treat, cure, or prevent any disease.
About the Food Is Not Enough Campaign
Food Is Not Enough is the latest campaign installment and expanded concept from Solaray's ongoing Live Brighter ethos, starting with the initial campaign shot in 16mm film as well as The Light House, created at NYC's iconic Waverly Inn. Launched last year to mark a first-of-its-kind rebrand effort since the company's founding in 1973, Live Brighter represents Solaray's longstanding objective to help people everywhere realize their healthiest selves—to give themselves the freedom to do what they love with the ones they love. Food Is Not Enough video and imagery assets were created in partnership with the renowned MATTE Projects, one of today's leading creative agencies responsible for campaigns from some of the world's most recognizable brands. Solaray and MATTE also partnered to produce a short feature film to mark the Solaray Liposomal Multivitamin launch, as one of the inaugural episodes of Solaray's new Illuminate video series that aims to share knowledge of supplement health and wellness with the wider public.
Michael Crooks, vice president of marketing at Solaray, comments, "We live in an imperfect world where foods are not grown like they once were, and modern cooking practices mean that food is rarely prepared in a way that preserves its nutritional density. Furthermore, current food shortages and lesser-known absorption issues continue to impact nutritional intake for an increasing number of people. Simply put, Americans are not getting enough nutrients from food alone, regardless of their sex, age and life stage or what diet and exercise regimen they follow."
Crooks adds, "More than an eye-catching tagline, Solaray's Food Is Not Enough campaign puts action against these realities to spur a thought-provoking and education-oriented conversation around nutritional wellness and the role supplements serve alongside a balanced diet. As a strategic extension of our Live Brighter work, this effort connects the independent thinking intrinsic to our founding vision nearly 50 years ago and our rich heritage that continues to guide our innovative advancement of the lifestyle supplement space today. At the heart of all of this is our longstanding desire to simply help people live their healthiest lives: Solaray is here to help everyone work through creating the nutritional balance that's best for them, regardless of where they are in their wellness journey."
Live Brighter, Everywhere: Helping Our Communities & Planet Earth
As part of the Food Is Not Enough campaign, Solaray will provide financial and product donations to support Direct Relief, a nonprofit humanitarian organization that provides emergency medical assistance and disaster relief in the United States and internationally to those who need it most. For upcoming donation and partnership updates, follow along on Field Notes, Solaray's content and media hub.
About Solaray
Founded in 1973, Solaray, Inc. is one of the pioneering vitamin, mineral, and herbal supplement brands within the natural products industry, helping establish the category. Part of The Better Being Co. (formerly Nutraceutical), Solaray aims to help people Live Brighter and become their healthiest selves through its commitment to award-winning product innovation, stringent testing protocols, wide-scale education on supplement health and wellness, and comprehensive sustainability programs that give back to the environment and communities therein. Solaray offers a full line of vitamins, minerals, herbs and herbal extracts that help consumers everywhere pursue a healthy lifestyle, with more than 900 product solutions to meet a wide spectrum of needs. For more information and to purchase products, please visit Solaray online at Solaray.com, or on Facebook and Instagram.
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SOURCE Solaray | https://www.mysuncoast.com/prnewswire/2022/06/16/solaray-unveils-food-is-not-enough-latest-brand-campaign-highlights-common-nutrition-gaps-standard-american-diet-inspires-launch-solaray-liposomal-multivitamins/ | 2022-06-16T14:20:30Z |
AUBURN HILLS, Mich., Aug. 1, 2022 /PRNewswire/ --
- Seventh year of MotorTrend Presents Roadkill Nights Powered by Dodge, featuring legal street drag racing on Woodward Avenue, set for Saturday, August 13, 2022, at M1 Concourse in Pontiac, Michigan
- Dodge Direct Connection Grudge Race brings back last year's popular online automotive builder showdown, with competitors using Direct Connection parts to build their own drag-racing machines and battling it out once again on Woodward
- Media-only preview, featuring interview opportunities with Dodge executives, Roadkill stars and online automotive personalities, scheduled for Friday, August 12
MotorTrend Presents Roadkill Nights Powered by Dodge is back for its seventh year on Saturday, August 13. The one-day car culture festival will see thousands of automotive enthusiasts flock to Woodward Avenue for the ultimate celebration of legal street racing. The event will also feature a media-only preview on Friday, August 12.
Media opportunities include:
- 2021 Grudge Race winner Alex Taylor will reveal her new Dodge Direct Connection Grudge Race vehicle build, along with vehicle reveals from returning competitors Tavarish, Westen Champlin and throtl, and five formidable event "rookies"
- Media can participate in Dodge thrill and drift rides in Challenger and Charger SRT Hellcats on the M1 Concourse skidpad and north loop portion of the track, as well as a special off-road course with the Ram 1500 TRX Thrill Ride Experience
- Interview opportunities with Dodge executives, Roadkill show hosts and online automotive personalities
WHERE:
M1 Concourse,164 South Blvd. West, Pontiac, Michigan 48341
WHEN:
Friday, August 12 (media-only preview) and Saturday, August 13, 2022
WHO:
Tim Kuniskis, Dodge brand Chief Executive Officer, Stellantis
For interview requests, please contact Dave Elshoff, david.elshoff@stellantis.com
David Freiburger, Roadkill TV show co-host
For interview requests, please contact Megan Sawyer, megan@evolveprandmarketing.com
Preston Patterson, Dodge chief donut maker
For interview requests, please contact Darren Jacobs, darren.jacobs@stellantis.com
Alex Taylor, winner of the 2021 Grudge Race
For interview requests, please contact Megan Sawyer, megan@evolveprandmarketing.com
SCHEDULE
Friday, August 12 – MotorTrend Presents Roadkill Nights Powered by Dodge press preview:
- 10:30 a.m. – Gates open to media
- 11 a.m. – Roadkill Nights news conference
- 11:45 a.m.
- 1:30 p.m. – Event concludes
Saturday, August 13 – MotorTrend Presents Roadkill Nights Powered by Dodge event:
- 9 a.m. – Gates open to credentialed media
- 10 a.m. – Gates open to the public – event begins
- 11 a.m. – Drag racing begins – open qualifying session (all drag racing can be viewed via livestream at DodgeGarage.com, Dodge.com, Dodge and MotorTrend YouTube channels)
- 4:45 p.m. – Dodge Direct Connection Grudge Races begin
- 5:45 p.m. – Top Eight shootout driver announcements
- 6:15 p.m. – Opening ceremony
- 6:30 p.m. – Top Eight shootouts begin (Small Tire & Big Tire)
- 8:30 p.m. – Top Eight winners' awards ceremony
- 9 p.m. – Event concludes
*Schedule subject to change
PARKING
Friday: For media preview, parking will be inside M1 Concourse (164 South Blvd. West, Pontiac, Michigan 48341). Staff will be on-site to direct
Saturday: Media parking will be available at the M1 Concourse South Lot on South Street
MEDIA RSVP
Please RSVP to Darren Jacobs at darren.jacobs@stellantis.com
EVENT DETAILS
MotorTrend Presents Roadkill Nights Powered by Dodge returns for the seventh year, bringing legal street drag racing to Woodward Avenue, as well as a classic and modern muscle car show, exhilarating interactive experiences and immersive, fun-filled activities at M1 Concourse in Pontiac, Michigan. Also returning are Dodge thrill and drift rides in Challenger and Charger SRT Hellcats, where participants can go for the rides of their lives. A Direct Connection Alley area at the event will include a display trailer with Dodge Challenger SRT Demon virtual drag race simulators, Direct Connection crate engines and parts on display and much more.
Celebrity appearances will also be on tap for Roadkill Nights, including David Freiburger, Mike Finnegan, Steve Dulcich, David Newbern, Mike Cotten, Lucky Costa, Cristy Lee, Steve Magnante and KJ Jones. Dodge Chief Donut Maker Preston Patterson, who won a one-year role as the ultimate Dodge brand ambassador in May, will also serve as an emcee at the event.
MotorTrend Presents Roadkill Nights Powered by Dodge also kicks off the multi-day Dodge Speed Week event, scheduled for August 12-20, 2022. Following the press conference on August 12 and the Roadkill Nights main event on August 13, Dodge Speed Week continues with three consecutive days of worldwide product reveals at M1 Concourse on August 15-17, and wraps up with a Dodge brand display, in conjunction with the Modern Street HEMI® Shootout group, on August 20 during Dream Cruise weekend.
Fans can follow all the Roadkill Nights action, including pre-event behind-the-scenes content and commentary on the Dodge Direct Connection Grudge Race builds, at www.dodgegarage.com/roadkill-nights-2022, or on social media channels with hashtags #RoadkillNights and #PoweredByDodge. For complete event information, including ticket info, visit www.motortrend.com/roadkill-nights-2022/.
Street racing can have serious legal and safety risks. Both ROADKILL and Dodge want enthusiasts to enjoy performance driving in a controlled environment on a closed course, run by professionals with vehicle safety inspections, driver evaluations and track preparation appropriate for drag racing conditions.
ROADKILL
The ROADKILL brand delivers a one-of-a-kind taste of "Automotive Chaos Theory" and features authentic gearheads David Freiburger and Mike Finnegan in a variety of mediums, including Roadkill Nights branded events, and Roadkill, Roadkill Extra, Roadkill Garage, and Roadkill's Junkyard Gold shows, available on MotorTrend+.
MotorTrend Group
MotorTrend Group, a Warner Bros. Discovery company, is the largest automotive media company in the world, bringing together Warner Bros. Discovery's MotorTrend TV and a vast automotive digital, direct-to-consumer, social, and live event portfolio, including MOTOR TREND, HOT ROD, ROADKILL, AUTOMOBILE and more than 20 other industry-leading brands. With a monthly audience of 26 million across web, TV and print, and 110 million social followers, culminating in 1.3 billion monthly impressions across all platforms, MotorTrend Group encompasses television's #1 network for automotive fans, a leading automotive YouTube Channel and MotorTrend+, the only subscription streaming service dedicated entirely to the motoring world. MotorTrend Group serves to embrace, entertain and empower the motoring world.
Dodge//SRT
For more than 100 years, the Dodge brand has carried on the spirit of brothers John and Horace Dodge. Their influence continues today as Dodge shifts into high gear with muscle cars and SUVs that deliver unrivaled performance in each of the segments where they compete.
Dodge drives forward as a pure performance brand, offering SRT versions of every model across the lineup. For the 2022 model year, Dodge delivers the drag-strip dominating 807-horsepower Dodge Challenger SRT Super Stock, the 797-horsepower Dodge Charger SRT Redeye, the most powerful and fastest mass-produced sedan in the world, and the Dodge Durango SRT 392, America's fastest, most powerful and most capable three-row SUV. Combined, these three muscle cars make Dodge the industry's most powerful brand, offering more horsepower than any other American brand across its entire lineup.
In 2020, Dodge was named the "#1 Brand in Initial Quality," making it the first domestic brand ever to rank No. 1 in the J.D. Power Initial Quality Study (IQS). In 2021, the Dodge brand ranked No. 1 in the J.D. Power APEAL Study (mass market), making it the only domestic brand ever to do so two years in a row.
Dodge is part of the portfolio of brands offered by leading global automaker and mobility provider Stellantis. For more information regarding Stellantis (NYSE: STLA), please visit www.stellantis.com.
Follow Dodge and company news and video on:
Company blog: http://blog.stellantisnorthamerica.com
Media website: http://media.stellantisnorthamerica.com
Dodge brand: www.dodge.com
DodgeGarage: www.dodgegarage.com
Facebook: www.facebook.com/dodge
Instagram: www.instagram.com/dodgeofficial
Twitter: www.twitter.com/dodge and @StellantisNA
YouTube: www.youtube.com/dodge, https://www.youtube.com/StellantisNA
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SOURCE Stellantis | https://www.mysuncoast.com/prnewswire/2022/08/01/media-advisory-roadkill-nights-powered-by-dodge-returns-woodward-avenue-legal-street-drag-racing-dodge-direct-connection-grudge-race/ | 2022-08-01T15:33:30Z |
Ohio water tower gets sweet, new design
BRYAN, Ohio (Gray News) – A sweet landmark attraction will soon come to fruition in Bryan, Ohio, home of Dum-Dums and other Spangler Candy treats.
The candy company is teaming up with the utility company in the area to give the water tower a new design.
It will feature eight large Dum-Dum lollipops around the main tank, with the legs of the tower painted white to represent lollipop sticks.
According to Spangler, award-winning muralist Eric Henn will paint the tower. He’s been painting water towers and oversized murals for more than 30 years.
“We are really excited for the opportunity to make this water tower an even larger asset for our community besides just holding water,” Spangler CEO Kirk Vashaw said in a press release. “With its new design painted by a world-famous artist, it will become a new landmark for Bryan and will provide a great opportunity to promote our city.”
Vashaw said there are plans to provide a viewing platform on the candy company’s property so people can take photographs and selfies.
The water tower is expected to be complete this fall, weather permitting.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/07/ohio-water-tower-gets-sweet-new-design/ | 2022-07-07T20:05:49Z |
Intended to Facilitate a Reverse Stock Split, if Necessary
PHOENIX, Aug. 26, 2022 /PRNewswire/ -- SenesTech, Inc. (NASDAQ: SNES, "SenesTech" or the "Company") (www.senestech.com), the rodent fertility control experts and inventors of the only EPA registered contraceptive for male and female rats, ContraPest®, today announced that its Board of Directors declared a dividend of one one-thousandth of a share of newly designated Series C Preferred Stock, par value $0.001 per share, for each outstanding share of SenesTech common stock held of record on September 5, 2022. The outstanding shares of Series C Preferred Stock will vote together with the outstanding shares of the Company's common stock as a single class exclusively with respect to any proposal to adopt an amendment to the Company's certificate of incorporation to reclassify the outstanding shares of the Company's common stock into a smaller number of shares of such common stock at a ratio specified in or determined in accordance with the terms of any such amendment, as well as any proposal to adjourn any meeting of stockholders called for the purpose of voting on the foregoing matter, and will not be entitled to vote on any other matter, except to the extent required under the Delaware General Corporation Law. Subject to certain limitations, each outstanding share of Series C Preferred Stock will have 1,000,000 votes per share (or 1,000 votes per one one-thousandth of a share of Series C Preferred Stock).
All shares of Series C Preferred Stock that are not present in person or by proxy at any meeting of stockholders held to vote on the above described amendment proposal as of immediately prior to the opening of the polls at such meeting will automatically be redeemed by the Company for $0.001 in cash. Any outstanding shares of Series C Preferred Stock that have not been so redeemed will automatically be redeemed in whole, but not in part, at the close of business on the earlier of (i) the business day established by the Company's Board of Directors in its sole discretion and (ii) the first business day following the date on which the Company's stockholders approve an amendment to the Company's certificate of incorporation to reclassify the outstanding shares of the Company's common stock into a smaller number of shares of such common stock at a ratio specified in or determined in accordance with the terms of any such amendment.
The Company's Board of Directors has adopted resolutions providing that the Series C Preferred Stock will be uncertificated. The certificate of designation governing Series C Preferred Stock provides that shares of Series C Preferred Stock may not be transferred except in connection with a transfer by such holder of any shares of the Company's common stock held by such holder. In that case, a number of one one-thousandths of a share of Series C Preferred Stock equal to the number of shares of SenesTech's common stock to be transferred by such holder will be transferred to the transferee of such shares of common stock.
Further details regarding the Series C Preferred Stock will be contained in a report on Form 8-K to be filed by SenesTech with the Securities and Exchange Commission. In addition, the Company also intends to file a notice of special meeting of the Company's stockholders and a preliminary proxy statement to consider the approval of a reverse stock split described herein, if necessary.
About SenesTech
We are "The Pest Control Difference" for the 21st century. We are rodent fertility control specialists fueled by our passion to create a healthy environment by virtually eliminating rodent pest populations. We keep an inescapable truth in mind. Two rats and their descendants can be responsible for the birth of up to 15,000 rat pups after a year. We invented ContraPest, the only U.S. EPA registered contraceptive for male and female rats. ContraPest fits seamlessly into all integrated pest management programs, greatly improving the overall goal of effective rat management. We strive for clean cities, efficient businesses and happy households – with a product that was designed to be effective and sustainable without killing rats. At SenesTech, we don't just eliminate rats. We make a better world.
For more information visit https://senestech.com/ and https://contrapeststore.com.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of federal securities laws, and we intend that such forward-looking statements be subject to the safe harbor created thereby. Such forward-looking statements include, among others, the expected timing of the dividend of shares of the Series C Preferred Stock. Forward-looking statements may describe future expectations, plans, results or strategies and are often, but not always, made through the use of words such as "believe," "may," "future," "plan," "will," "should," "expect," "anticipate," "eventually," "project," "estimate," "continuing," "intend" and similar words or phrases. You are cautioned that such statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from those reflected by such forward-looking statements. Such factors include, among others, the impacts and implications of the COVID-19 pandemic, the successful commercialization of our products, market acceptance of our products, regulatory approval and regulation of our products and other factors and risks identified from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the fiscal year ended December 31, 2021. All forward-looking statements contained in this press release speak only as of the date on which they were made and are based on management's assumptions and estimates as of such date. Except as required by law, we do not undertake any obligation to publicly update any forward-looking statements, whether as a result of the receipt of new information, the occurrence of future events or otherwise.
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SOURCE SenesTech, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/26/senestech-announces-distribution-series-c-preferred-stock-holders-its-common-stock/ | 2022-08-27T10:33:27Z |
CHARLOTTE, N.C., July 7, 2022 /PRNewswire/ -- In conjunction with Nucor's (NYSE: NUE) second-quarter earnings release, you are invited to listen to its live conference call with host Leon Topalian, Nucor's President and Chief Executive Officer. This conference call will include a review of Nucor's results for the second quarter ended July 2, 2022, followed by a question-and-answer session. The event will be available on the Internet on July 21, 2022, at 2 p.m. Eastern Time.
Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada and Mexico. Products produced include: carbon and alloy steel -- in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron / direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.
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SOURCE Nucor Corporation | https://www.wibw.com/prnewswire/2022/07/07/nucor-invites-you-join-its-second-quarter-2022-conference-call-web/ | 2022-07-07T14:10:54Z |
SAN ANGELO, Texas (KLST)— A Texas business owner was arrested Monday and charged with assault months after a video capturing the incident went viral.
According to records filed by the Tom Green County Sheriff’s Department, Evan Noelle Berryhill, 28, of San Angelo, was booked into the Tom Green County Detention Center and charged with assault because of bias or prejudice, a hate crime in Texas.
Records filed by police say Berryhill knowingly caused physical contact because of her bias or prejudice against homosexuals.
A video that went viral shortly after the incident Berryhill is being charged for appears to show her verbally and physically assaulting an LGBT+ couple in the parking lot of the apartment complex where both parties live. In the video, the woman can be heard using homophobic slurs.
Since the video’s recording in April, it has gone viral after being shared by Danesh, a popular TikTok user. The incident and video were featured on Advocate.com. The publication, which reports Berryhill is a local boutique owner, has since released an updated story about the hate crime charges against her.
According to jail records, Berryhill was released on a $1,000 bond shortly after her arrest on Monday. | https://cw33.com/news/nexstar-media-wire/texas-woman-charged-with-hate-crime-after-viral-video/ | 2022-08-14T21:49:42Z |
NEW ORLEANS (AP) — In one of his tried-and-true motivational speeches, Mike Krzyzewski outlined his four pillars of team building: making everyone feel important, taking ownership in the team, adapting to setbacks and playing with feeling.
Duke perfected the first three to help Coach K reach his 13th and most amazing Final Four. Next comes the “feeling” part.
Now that the record-setting, 75-year-old coach is in New Orleans, he knows he must walk a fine line between enjoying the moment and letting it overwhelm both him and his team.
“I’ve always thought that shared emotion is the best,” Krzyzewski said Thursday, as his team settled in for its run at the coach’s sixth national title.
The Blue Devils (32-6) meet archrival North Carolina on Saturday in a national semifinal matchup plucked straight from a screenwriters’ script.
When Duke lost two games over the span of a week in early March, starting with the 94-81 setback to the Tar Heels in Krzyzewski’s final home game, the thought he might be coaching at the Final Four this weekend felt like a dream only a Blue Devils fan could believe.
But once the NCAA Tournament began, Duke started playing better. Wins over Cal-State Fullerton and Michigan State propelled the Blue Devils into the Sweet 16. There, they knocked off Texas Tech, then Arkansas. Krzyzewski passed John Wooden by qualifying for his record 13th Final Four. On Saturday he looks to improve on a record he already holds, by notching a 1,203rd career victory.
One of Krzyzewski’s keys to the turnaround was convincing his players that the rest of this season was about them, not him.
“This is our season, too,” Duke’s Wendell Moore Jr., said before the team’s win over Michigan State.
In many ways, Coach K’s final team is fulfilling the vision he shared back in 2015 when, fresh off a championship after his 12th run to the Final Four, he gave the keynote address to a gathering of U.S. Olympic athletes and administrators in Colorado Springs.
“You are not paying rent. You’re here, it’s yours,” Krzyzewski told the rapt audience as he moved through his four pillars of team building.
He talked about his first Olympic experience, back in 1992, when he was an assistant to Chuck Daly on the Dream Team. Krzyzewski was coming off back-to-back titles with Duke and thought he was a “hot ticket.”
His eyes were opened when none other than Michael Jordan approached him after a practice one day. Krzyzewski braced for the inevitable smack talk from the best player in the game, one who happened to have played at North Carolina. Instead, Jordan asked if the coach could work with him on some of his offensive moves.
In his speech, Krzyzewski said he realized something after that workout.
“It’s like a totem pole,” the coach said. “Michael Jordan was at the top of the totem pole. And I was near the bottom.”
But, Coach K said, ”Michael Jordan had a horizontal totem pole, where everybody was important.”
Though there certainly is a pecking order on this year’s version of the Blue Devils — freshmen Paolo Banchero and AJ Griffin look like NBA lottery picks — at least four players have scored double figures in each of Duke’s four NCAA victories. Five players average in double figures for the Blue Devils this season.
In his news conference Thursday, the coach spoke about the players taking ownership in their fate as the season wore on.
“When you go into competition, if you haven’t worked, you have a hard time trusting yourself,” he said. “But if you’ve worked, you can trust, but you also own it. You own it more.”
In his keynote address, Krzyzewski said his first two building blocks lead to the third, which is adaptability. In 2022, it played out after the losses to North Carolina, then one week later to Virginia Tech in the Atlantic Coast Conference Tournament, forced Krzyzewski to take a long look in the mirror.
“I just had a good meeting with myself. I said that I’ve got to do something. I’ve got to help in some way, and part of it was my approach with them,” Krzyzewski said before Duke’s win over Arkansas in the Elite Eight.
Coach K described using the first five minutes of halftime during the Michigan State game to do something different by “just pull(ing) out a chair, and I sit with them for about five minutes and just, ‘OK, here’s where we’re at, and just talk to them.’”
Duke overcame a late, five-point deficit in that one, and now, Krzyzewski has led his team across his proverbial bridge that only a few lucky teams cross. They made it to college basketball’s biggest stage.
In his motivational speech, Krzyzewski said one method of getting a room full of superstars to “feel” the mission they were on at the Barcelona Olympics each night was to play the soulful version of the national anthem sung by Marvin Gaye at the 1983 NBA All-Star Game in Los Angeles.
The promise, the U.S. coaches told the Dream Team, was that they would hear that song twice on the day of the title game — once beforehand, then again while they were standing on the podium receiving their gold medals.
The song that closes out March Madness is “One Shining Moment.” Whether Duke will bask in confetti when that song plays at the end of the title game is a big part of the drama that will unfold between now and Monday night.
Whether or not it happens, everyone at Duke is feeling it at this point — even if the coach insists he’s been focusing on basketball.
“I didn’t do this season to have a storybook,” Krzyzewski said. “I did it because I wanted to coach one more year and I wanted to have a good succession plan for our program. And we’ve won 32 games, and my guys have been terrific.”
___
More AP college basketball: http://apnews.com/Collegebasketball and https://twitter.com/AP_Top25 | https://cw33.com/sports/ap-sports/coach-k-builds-blue-devils-into-his-final-final-four-team/ | 2022-04-01T18:11:09Z |
NEW YORK, May 20, 2022 Exactly fifty-one years ago, this day, the Pakistani Army carried out the largest single-day massacre in Bangladesh (formerly East Pakistan). With the active participation of some Bangladeshi-origin Islamists (also called Razakars),
Chuknagar is a small business town located in Khulna district and very close to the India-Bangladesh border. In the early morning of May 20, the Pakistani soldiers, carrying light machine guns (LMGs) and semi-automatic rifles, opened fire on the civilians. Ten thousand civilians, mostly members of the region's Hindu minority waiting to seek refuge in India, were killed in one day. Many women were raped before being shot, and their brutalized dead bodies were thrown into the Bhadra River.
In 2010-11, nearly forty years after the Chuknagar Massacre, the Center for Bangladesh Studies in Dhaka published Muntasir Mamoon's horrifying documentary evidence of the massacre. In his book, 'Chuknagar genocide:1971'. Mamoon mentions that he started collecting oral history from eyewitnesses in 1995. Because of political pressure, he had to wait 15 years before his book could be published.
The book presents the accounts of two hundred victims and eyewitnesses. One eyewitness, the Principal of the school in Chuknagar said, "There were piled up dead bodies. Dead children on dead mothers' laps. Wives hugging their beloved husbands to protect them from killer bullets. Fathers hugging their daughters to shield them. Within a flash, they all were just dead bodies. Blood streamed into the Bhadra river, it became a river of corps. A few hours later when the Pakistanis ran out of bullets, they killed the rest of the people with bayonets."
Some of the testimony-givers were without family, and many had left Bangladesh, fearing targeted intimidation by the Razakars who continue to influence political influence in some areas. Unfortunately, the international community is not aware of this horrific genocide. Even Bangladeshis know very little about it. Present-day Bangladesh is littered with places soaked with Hindu blood that was spilled in 1971. For the full reports of the press release, please visit Remembering the 1971 Chuknagar Genocide
_________________________________________________________
Priya Saha
Executive Director
Human Rights Congress for Bangladesh Minorities (HRCBM)
prsaha20@yahoo.com, 8135507880
2200 Eastridge Loop #731540, San Jose, CA 95173, USA
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SOURCE Human Rights and Development for Bangladesh | https://www.mysuncoast.com/prnewswire/2022/05/20/chuknagar-remembering-largest-massacre-bangladesh-liberation-war-1971/ | 2022-05-20T18:50:31Z |
SMITHFIELD, Va., June 10, 2022 /PRNewswire/ -- Smithfield Foods, Inc. today announced that it will cease all harvest and processing operations in Vernon, California in early 2023 and, at the same time, align its hog production system by reducing its sow herd in its Western region. The company will decrease its sow herd in Utah and is exploring strategic options to exit its farms in Arizona and California. Smithfield harvests only company-owned hogs in Vernon. Smithfield will service customers in California with its Farmer John brand and other brands and products from existing facilities in the Midwest.
Smithfield is taking these steps due to the escalating cost of doing business in California.
Smithfield is providing transition assistance to all impacted employees, including relocation options to other company facilities and farms as well as retention incentives to ensure business continuity until early next year. The company reached an agreement this week with the United Food and Commercial Workers International Union, the International Brotherhood of Teamsters and the International Union of Operating Engineers as part of its plan to close the Vernon facility.
"We are grateful to our team members in the Western region for their dedication and invaluable contributions to our mission. We are committed to providing financial and other transition assistance to employees impacted by this difficult decision," said Smithfield Chief Operating Officer Brady Stewart.
Smithfield provides more than 40,000 American jobs at 46 facilities and nearly 500 company-owned farms.
Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. With more than 60,000 jobs globally, we are dedicated to producing "Good food. Responsibly.®" and serve as one of the world's leading vertically integrated protein companies. We have pioneered sustainability standards for more than two decades, including our industry-leading commitments to become carbon negative in our U.S. company-owned operations and reduce GHG emissions 30 percent across our entire U.S. value chain by 2030. We believe in the power of protein to end food insecurity and have donated hundreds of millions of food servings to our communities. Smithfield boasts a portfolio of high-quality iconic brands, such as Smithfield®, Eckrich® and Nathan's Famous®, among many others. For more information, visit www.smithfieldfoods.com, and connect with us on Facebook, Twitter, LinkedIn and Instagram.
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SOURCE Smithfield Foods, Inc. | https://www.wibw.com/prnewswire/2022/06/10/smithfield-foods-close-vernon-ca-facility-reduce-hog-production-western-region/ | 2022-06-10T12:42:08Z |
From left, Albany Symphony Orchestra Music Director/Conductor Claire Fox Hillard, Symphony General Manager LeeAnna Anglin, Symphony Vice President Ben Roberts and event planner Allen Vanhook meet at the Thronateeska Train Depot to discuss the Sept. 8 Symphony season kickoff fundraiser.
Seated, Albany Symphony Orchestra Music Director Claire Fox Hillard and Symphony General Manager LeeAnna Anglin join, standing, from left, Event Planner Allen Vanhook and Symphony Vice President Ben Roberts for a fundraiser planning session at the Thronateeska Heritage Center Train Depot.
From left, Albany Symphony Orchestra Music Director/Conductor Claire Fox Hillard, Symphony General Manager LeeAnna Anglin, Symphony Vice President Ben Roberts and event planner Allen Vanhook meet at the Thronateeska Train Depot to discuss the Sept. 8 Symphony season kickoff fundraiser.
Staff Photo: Carlton Fletcher
Seated, Albany Symphony Orchestra Music Director Claire Fox Hillard and Symphony General Manager LeeAnna Anglin join, standing, from left, Event Planner Allen Vanhook and Symphony Vice President Ben Roberts for a fundraiser planning session at the Thronateeska Heritage Center Train Depot.
ALBANY — Fresh off an announcement that their organization had received a Georgia Council for the Arts grant to help fund activities planned for the Albany Symphony Orchestra’s 59th season, symphony officials met this week to talk about their annual kickoff fund — and fun — raiser.
Dubbed “The Next Adventure: Around the World in Our 59th Season,” the symphony orchestra will continue its theme of world travel with performances that include music from Brazil, Scotland, Italy, Russia, Ukraine and the United States. The season will kick off Oct. 1 with “A Brazilian Adventure.”
Before the musicians in the orchestra break out their instruments for the season, though, symphony supporters will gather Sept. 8 from 6-9 p.m. at the Thronateeska Heritage Center Train Depot for the season-opening fundraiser.
“Since our theme for last season was ‘A Passport to Adventure,’ we brainstormed a bit and came up with the idea of a travel adventure for the fundraiser kickoff,” Symphony Vice President Ben Roberts said Wednesday as symphony officials met at Thronateeska to go over plans for this year’s fundraiser. “We’re extending that theme this year, and because last year’s kickoff was such a success, we are planning to continue — with some fun changes — that theme for this year.”
Indeed, participants who collect postcards from all of the countries whose music will be featured during the 2022-23 season will be eligible for drawings during the Sept. 8 kickoff.
“People enjoyed the travel theme last year, and since we’re continuing that theme this year, leading up to our 60th anniversary season next year, we tweaked the fundraiser to correspond with this year’s performances,” Symphony Music Director/Conductor Claire Fox Hillard said. “This is a big fundraiser for us, but it’s also a whole lot of fun.”
Which, Symphony General Manager LeeAnna Anglin said, offers an opportunity to widen the symphony’s potential audience heading into the new season.
“We certainly want all of the symphony’s long-time supporters to be a part of the fundraiser, but we also want to invite the people who like to go out and party,” Anglin said. “That gives us an opportunity to introduce the orchestra to a group of people we’re not always in front of. It adds a level of excitement.”
Those gathered — the symphony buffs and the party people — will find plenty to enjoy. Charlie Meyer and Friends will provide music for dancing or just listening, and attendees will be treated to a meal and a welcome drink. For those who find it difficult to limit themselves to one drink, a cash bar will be available. There also will be a silent auction.
Tickets are $50 and are available at the symphony’s offices, by calling (229) 430-8933 or online at albanysymphony.org.
“Given the current economy, the fundraiser is even more important than usual as we head into the new season,” Roberts said. “Inflation has had a significant impact on all aspects of this event and on the new season. We encourage all who support the arts in the community to be a part of what is going to be a really fun event.”
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(TheRealDeal) – Canada, one of the world’s most expensive housing markets, is cracking down on foreign buyers.
Finance Minister Chrystia Freeland’s budget, proposed this week, includes a measure that would ban most foreigners from buying homes for two years, Bloomberg reported. The move underscores efforts by Prime Minister Justin Trudeau to bring the market under control after home prices jumped by more than 50 percent in two years.
“I don’t think prices are going to fall as a result, though I do think it takes away at least some of the competition in what is the most competitive market in Canadian housing history,” Simeon Papailias, founder of real estate investment firm REC Canada told Bloomberg. “I don’t think a two-year band-aid is going to have an impact on what’s a fundamental lack of supply.”
- Return of price cuts suggests U.S. housing market is starting to cool
- Another 50,000 U.S. retail stores will close by 2026, analysts predict
- A one-bedroom treehouse is New York’s most popular AirBnb
Freeland’s budget also calls for several billion dollars of funding to build affordable housing and to help local governments build homes faster.
The budget also includes legislation that will help young Canadians save money for home down payments. The proposed measure would allow those under the age of 40 to save up to CA$40,000 (US$31,900) in a new tax-exempt vehicle.
The ban won’t apply to students, foreign workers or foreign citizens who are permanent residents of Canada.
During last year’s election, Trudeau proposed a ban on another practice that many say pushes up prices: Blind bidding, which is commonplace in Canada, keeps offers on a home secret when it’s being auctioned. Some say it amounts to a way for sellers to drive up prices because bidders feel compelled to offer as much as they can.Read more | https://cw33.com/news/canada-to-ban-foreigners-from-buying-homes-for-two-years-as-prices-soar/ | 2022-04-18T18:58:18Z |
- NAVER takes initiative to operate its business in an environmentally friendly way following its 2040 Carbon Negative strategy, displaying strong commitment for joining global initiatives for the environment
- NAVER to participate in CDP and has become the first internet company in Korea to voluntarily manage its Scope 3 emissions, with plans underway to join EV100
SEONGNAM, South Korea, Aug. 21, 2022 /PRNewswire/ -- NAVER Corporation (KRX: 035420) became the first among Korea's internet companies to join RE100, a global renewable energy initiative to accelerate change towards zero carbon electricity grids.
RE100 is a global initiative for businesses to convert 100% of their electricity sources to renewable energy, such as wind and solar. Joining RE100 is a significant step for NAVER as it shows greater commitment to be objectively recognized for its outstanding environmental management system through a global initiative, following its efforts back in 2020 to establish its own environmental management framework by announcing its '2040 Carbon Negative' strategy.
NAVER plans to initiate its 2040 Carbon Negative roadmap, established in 2021, to achieve RE100. The largest source of greenhouse gas emissions from NAVER, which amount to 99%, are from energy used in NAVER's office building and its IDC. By 2030, NAVER intends to convert 60% of all energy sources used in its office building and IDC to renewable energy sources and gradually achieve 100% renewable energy by 2040. To this end, NAVER aims to increase power purchases through agreements, such as PPA, and create action plans, such as building more renewable power plants in the office building and IDC and introducing energy efficiency technologies.
In addition to RE100, NAVER is planning to join various initiatives dedicated to the environment, a key segment of ESG. Towards the end of July last year, NAVER joined CDP , the world's largest ESG rating agency with approximately 13,000 companies from 91 countries in participation that is recognized as the most credible among global ESG rating agencies. NAVER is also the first internet company in Korea to voluntarily manage its Scope 3 emissions, conducting third-party verification to ensure higher accuracy.
"NAVER is making plans to reduce carbon emissions, including Scope 3 emissions, as a way to reduce its impact on the environment, while at the same time continuing to join other key global eco-friendly initiatives, such as EV100," said Lim Dong-a, the executive director of the environment program at NAVER. "We will establish ourselves as Korea's prime tech company that operates its business in an environmentally friendly way, comparable to that of other global tech giants."
-END-
About RE100
RE100 is a global initiative bringing together the world's most influential businesses committed to 100% renewable power. Led by international non-profit the Climate Group in partnership with CDP, the group has a total revenue of over US$6.6 trillion and operates in a diverse range of sectors. Together, they send a powerful signal to policymakers and investors to accelerate the transition to a clean economy.
About Climate Group
Climate Group drives climate action. Fast. Our goal is a world of net zero carbon emissions by 2050, with greater prosperity for all. We focus on systems with the highest emissions and where our networks have the greatest opportunity to drive change. We do this by building large and influential networks and holding organisations accountable, turning their commitments into action. We share what we achieve together to show more organisations what they could do. We are an international non-profit organisation, founded in 2004, with offices in London, New Delhi and New York. We are proud to be part of the We Mean Business coalition. Follow us on Twitter @ClimateGroup.
About CREF: Corporate Renewable Energy Foundation
CREF (Corporate Renewable Energy Foundation) is a non-profit organization dedicated to supporting businesses' 100% transition to renewable energy. To tackle fossil-fuel based energy problems where business is the biggest contributor, CREF conducts campaigns, policy recommendations and research, in addition to working with NGOs around the world. As a local campaign partner of RE100 based on an agreement with The Climate Group, CREF supports Korean companies to exhibit climate leadership globally based on their RE100 membership, policy engagement and advocacy efforts.
About CDP
CDP is an international non-profit organisation that requires companies to disclose their environmental information such as plans to mitigate climate change on behalf of institutional investors around the world to gain insight and evaluate the environmental impact of these companies. CDP is an ESG rating agency that is globally recognized along with the Dow Jones Sustainability Index (DJSI) and Morgan Stanley Capital International (MSCI).
About EV100
EV100 is a global initiative founded by 'Climate Group', a multinational non-profit organization based in London, to convert transportation vehicles owned or leased by companies into green vehicles by 2030 and build necessary charging stations.
About NAVER
Founded in 1999, NAVER is Korea's largest Internet company with hundreds of millions of users worldwide. As a global technology company, it operates the No.1 search engine in Korea, NAVER, as well as other online services, such as LINE mobile messenger, Webtoon and Webnovel publishing, SNOW video camera app and ZEPETO metaverse platform. NAVER recorded sales of KRW 6.8 trillion (USD 5.6 billion) in 2021 and is pursuing changes and innovations in technology platforms through continuous research and development of future technologies, such as artificial intelligence, robotics and mobility.
For media inquiries, please contact Weber Shandwick Korea, NAVER Corporation's global PR agency, at naverglobalpr@webershandwick.com
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SOURCE Naver Corporation | https://www.kxii.com/prnewswire/2022/08/22/naver-becomes-koreas-first-internet-company-join-re100-committed-drive-esg-initiatives/ | 2022-08-22T02:38:39Z |
SAN FRANCISCO , June 8, 2022 /PRNewswire/ -- The SkillUp Coalition, a national collaboration of nonprofits, training providers and employers, today announced the launch of a newly re-designed platform to better support America's workers on their upskilling journeys. This includes a fully updated training program catalog, local and national employer connections to jobs offering on-the-job training, and free weekly career coaching.
With over 850,000 users supported since launching in July 2020, SkillUp dedicated time in early 2022 to reflect and evaluate user experience based on worker feedback, market research, and the evolving workforce ecosystem. By leveraging job seekers' voices to drive impactful change, SkillUp has prioritized improving, simplifying, and personalizing its platform to better connect workers to comprehensive and quality services.
"SkillUp is working to support the greater good at scale by being both data-driven and heart-led," says Executive Director, Steven Lee. "We have vetted feedback from thousands of SkillUp users, as well as leveraged behavioral metrics from tens of thousands of Skillup.org visitors to develop our new experience. By putting information into the hands of workers, we promote a sense of agency, respect and ownership, which drives both career and personal fulfillment."
SkillUp's new user experience includes:
- A focus on in-demand, gateway jobs, i.e. jobs that are attainable without a 4-year degree, pay a good wage, and unlock paths to high growth careers.
- A fully re-designed training program catalog, connecting workers to career pathways in five industries (business, medical, information technology, skilled trades and supply chain & logistics) with over 400 vetted programs. Training program partners undergo a rigorous program analysis considering their wraparound services, completion rates, length of programs, and post-program placement rates.
- A fresh, highly visual user interface as well as new functionality including sorting and filtering by cost, program duration, format (online, hybrid, local), highest graduation rates, location, industry and more.
- Quick links to "Earn & Learn" jobs, providing workers with opportunities to connect to employers who offer jobs with training opportunities, offer full-time benefits, and have committed to helping employees grow professionally.
- Easy access to free weekly group coaching hosted in partnership with InsideTrack, as well as financial & life resources.
To date, SkillUp has helped hundreds of thousands of workers, including Brooklyn-based Samia, who was able to find training programs in the IT industry. "I knew what I needed to do was tap into my passion which is technology, but I didn't know what kind of technical careers were available to me," says Samia when talking about her upskilling journey. "SkillUp has shown me how to leverage the skills I already had so that I can find the right IT career for me."
Worker and participant voice is central to every decision SkillUp makes, including product and design, resource selection and partner alignment. SkillUp has assembled a worker advisory board that consists of workers at various stages of their career, education, and development journeys. This body helps inform, guide, and influence all SkillUp services and outreach.
To learn more about the SkillUp Coalition and to see the new platform, please visit www.skillup.org. If you're a training provider, employer, technology & service provider, or nonprofit interested in joining the Coalition, please visit www.skillup.org/partners.
Founded in July 2020, SkillUp Coalition is a 501(c)(3) nonprofit that connects workers with the right tools, resources, and support so they can make confident career shifts, find quality living-wage jobs, and position themselves for promising career growth. The SkillUp ecosystem provides career exploration, training & employer connections, career coaching, and resources to support workers at any stage of their career journey.
The coalition brings together over 75 leading organizations including training and education providers, technology developers, policymakers, employers, and philanthropies. In addition to its national reach, SkillUp operates LevelUp local partnerships in the Bay Area, Los Angeles, Florida, Louisiana, Northern Nevada, Philadelphia, New York City, and Ohio. Since its founding less than 2 years ago, SkillUp has connected over 850,000 workers to career and training support throughout the country.
SkillUp proudly advocates for an affordable, equitable, upskilling ecosystem that ensures every worker has high opportunity employment. For more information, please visit www.skillup.org or follow on Twitter, Facebook, or LinkedIn.
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SOURCE SkillUp Coalition | https://www.mysuncoast.com/prnewswire/2022/06/08/skillup-coalition-announces-new-amp-improved-training-career-exploration-platform/ | 2022-06-08T15:20:38Z |
Gas continues to fall below $4 in Kansas on Wednesday
TOPEKA, Kan. (WIBW) - The average price of gas for a gallon of regular unleaded fuel in Kansas is below $4 for the first time since May but remains at least a dollar higher than it was a year ago.
On Wednesday, July 27, AAA recorded the average price for a gallon of regular unleaded gasoline at $3.99 in Kansas, which is three cents less than Tuesday’s average of $4.02. Compared to last week, the price of gas was $4.26, a month ago it was $4.59. However, a year ago, gas cost about $2.91 per gallon.
Diesel prices also broke dollar marks on Wednesday with the average price at $4.98 per gallon. On Tuesday, the average price was $5, a week ago it was $5.14 and one month ago it was $5.37. However, a year ago diesel cost about $3.09 per gallon.
When it comes to Kansas metros, however, it seems the average price of regular gas in the Manhattan area is still the highest:
AAA indicated, however, that the national average for a gallon of regular unleaded gasoline was down to $4.30.
GasBuddy.com listed the lowest prices for gas in the Capital City at Sam’s Club for $3.84 per gallon. Meanwhile, the Prairie Band Casino and Resort gas station in Mayetta is listed at $3.36 - the lowest in the state - and Prarie Band One Stop is listed at $3.43.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/27/gas-continues-fall-below-4-kansas-wednesday/ | 2022-07-27T13:34:56Z |
NEW YORK, Sept. 9, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DMS, RIOT, AZRE, SDIG, and MARA.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- DMS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=DMS&prnumber=090920221
- RIOT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RIOT&prnumber=090920221
- AZRE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AZRE&prnumber=090920221
- SDIG: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SDIG&prnumber=090920221
- MARA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=MARA&prnumber=090920221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/09/09/thinking-about-buying-stock-digital-media-solutions-riot-blockchain-azure-power-stronghold-digital-mining-or-marathon-digital/ | 2022-09-09T13:02:28Z |
NEW YORK, Aug. 18, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Wells Fargo & Company ("Wells Fargo" or the "Company") (NYSE: WFC) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Wells Fargo investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Wells Fargo common stock between February 24, 2021 and June 9, 2022. Follow the link below to get more information and be contacted by a member of our team:
WFC investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Wells Fargo had misrepresented its commitment to diversity in the Company's workplace; (ii) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (iii) the foregoing conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; (iv) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo's reputation; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Wells Fargo during the relevant time frame, you have until August 29, 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.kxii.com/prnewswire/2022/08/18/wfc-lawsuit-alert-levi-amp-korsinsky-notifies-wells-fargo-amp-company-investors-class-action-lawsuit-upcoming-deadline/ | 2022-08-18T10:18:36Z |
Woman found screaming in abandoned Chicago house, neighbor says
By Stephanie Wade
Click here for updates on this story
CHICAGO (WLS) — A woman was found in an abandoned home on the South Side after a passerby said he heard the woman screaming for help.
Chicago police officers were called to an abandoned home at 119th Street and Eggleston Saturday and said they found a 36-year-old woman inside.
A neighbor said he was passing by when he heard the woman calling for help.
“She was screaming, ‘Help,’ and I was like, ‘Who is in there with you?’ and I was asking her different questions,” Antione Dobine, neighbor, said. “At that time, that is when I made the 911 call. The police said her legs were chained and her hands were handcuffed.”
The man went on Facebook Live after the incident Saturday, sharing his story.
In the video, an officer mentions the woman was chained in the basement.
The video has gone viral with more than 400,000 views and counting.
Neighbors said they’ve seen the woman in the neighborhood before.
She was transported to a local hospital in good condition, police said.
No one is in custody.
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/2022/05/23/woman-found-screaming-in-abandoned-chicago-house-neighbor-says/ | 2022-05-23T20:36:11Z |
APPOINTS TIM BROWN AS CEO FOLLOWING CLOSE OF SEED FINANCING
PORTSMOUTH, N.H., Aug. 8, 2022 /PRNewswire/ -- EventPipe, a provider of a cloud-based, event housing management software, raised $2.2 million in an initial seed round of funding led by Velocior Ventures. The company intends to use the funds to add to its team, accelerate adoption of its platform and continue to build functionality that adds value for customers.
Founded in 2020, EventPipe has emerged as a leader in the event housing management space. Following its successful private beta, EventPipe formally launched its product at the Connect Conference in 2021 and has quickly found traction and adoption of its platform. To date, EventPipe has seen over 1.6 million room nights booked through its platform totaling over $250 million in bookings.
Commensurate with the funding, EventPipe announced that Tim Brown has been appointed as Chief Executive Officer and member of the Board. Brown has dedicated his career to investing in and working with technology and growth companies in senior operational and financial leadership roles.
Co-founder and interim CEO, Serena Higdon shared, "When we created EventPipe, the founding members wanted to create a product that would change the way hotel inventory management for events worked. Having been in this space for decades, we knew how time-consuming and tedious it was to manage hotel rooms for events, and we knew there was a real need in the market for a better solution."
Higdon added "It was an honor to serve as interim CEO for a company that I know has already changed the direction and fabric of this industry for the better of all users. I look forward to seeing what EventPipe will do now having these very experienced investors, and strategic management team. It seems like EventPipe's growth potential is boundless! Now that EventPipe is in amazing hands, I am looking forward to spending more time with my friends and family as well as being involved in the strategy of my other company, Team Travel Source. We look forward to our continued partnership with Eventpipe as a customer and partner."
Co-founder and Chief Technical Officer Mike Addesa also added, "Our team already had a unique combination of deep technical expertise and an impressive breadth of event housing experience. We're fortunate to be adding such a seasoned software executive to this team. I've seen the results of Tim's leadership capabilities before, and I look forward to partnering with him to accelerate EventPipe's growth."
"I am truly excited to be working with several members of this team again, and to lead the EventPipe team at this inflection point in the company's growth," stated Brown. "Event producers, convention and visitor bureaus and event housing companies rely on EventPipe for solutions that streamline their daily workflow and enhance their opportunity to increase revenue. Our mission is to build EventPipe into the leader in event housing management software."
Prior to EventPipe, Brown served as the head of corporate development at Motus and previously as the company's CFO. Brown joined Motus after serving as the Chief Financial Officer of ConnectEDU (CDU). Prior to CDU, Brown led the corporate development/M&A function at EducationDynamics. Brown began his career in investment banking and private equity after graduating from the University of Pennsylvania's Wharton School of Business.
About EventPipe
EventPipe is a cloud software company that provides a modern approach to event housing management for event producers, housing companies, meeting planners and convention and visitor bureaus (CVBs). EventPipe is a comprehensive solution that covers the full event housing lifecycle. Users are able to complete everything from creating RFPs, to managing hotel contracts, building customized booking sites, managing inventory and reconciling their events.
About Velocior Ventures
Velocior Ventures is a private investment firm that invests in innovative SaaS and Fintech companies across various phases of growth, including seed, venture and late-stage. Its seasoned team possesses decades of investment and operating experience and takes a hands-on approach in helping its portfolio companies succeed.
Contacts
EventPipe
pr@eventpipe.com
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SOURCE EventPipe | https://www.kxii.com/prnewswire/2022/08/08/eventpipe-announces-plans-expand-platform-accelerate-growth/ | 2022-08-08T15:39:20Z |
The acquisition expands Tegus' data offerings and creates the first modern research platform purpose-built for fundamental institutional investors
CHICAGO and VANCOUVER, BC, Aug. 2, 2022 /PRNewswire/ -- Tegus, the leading research platform for investors, today announced that it has acquired Canalyst, creating a new industry standard for modern research.
Tegus is trusted by over 2,500 investment firms, corporations, and consultancies worldwide— including Accel, Sands Investment Group, and Redpoint Ventures—to make investment decisions simpler and faster. Tegus provides customers with the most comprehensive, real-time access to over 40,000 expert interviews and transcripts covering more than 22,000 public and private companies. Additionally, the Tegus platform delivers robust workflows and tools to simplify aggregating and analyzing public financials and SEC filings and earning transcripts.
Canalyst offers more than 4,000 fully drivable financial models and company benchmarking data, with every KPI and comparison that matters for making business-critical decisions. Canalyst was recently #49 on The Financial Times' list of The Americas' 500 Fastest-Growing Companies 2022.
Acquiring, analyzing, and acting on volumes of data has become an increasingly lengthy and time-consuming task for investors and businesses. At the same time, they are expected to make high-stakes decisions quickly and effectively. In today's environment, it's more important than ever for investors to make swift decisions with confidence.
Tegus and Canalyst data sets are among the highest quality accessible to investors today. Combining the Tegus and Canalyst solution offerings will help investors and businesses consolidate their research and due diligence processes across disparate terminals and platforms.
"Evaluating business and investment opportunities is an extremely inefficient process today," said Tegus Founders and Co-CEOs Michael Elnick and Thomas Elnick. "With our acquisition of Canalyst, we'll be able to provide customers with a comprehensive view of the qualitative and quantitative data they need to uplevel and scale their investment decisions – all on a single platform."
"Canalyst provides the most accurate and up-to-date financial models on 4,000+ publicly traded companies," said Damir Hot, CEO of Canalyst. "By joining the Tegus team, we will be able to give customers deeper and more efficient access to critical investment insights."
Tegus also recently acquired BamSEC, empowering Tegus platform users with powerful workflows to analyze core company filings and disclosures.
Learn more about the acquisition on the Tegus Blog.
Advisors
Tegus was advised on the transaction by teams at Latham & Watkins and Davies Ward Phillips & Vineberg.
Tegus is the world's leading research platform for institutional investors. With real-time access to the most comprehensive database of over 40K expert interviews, 4,000+ downloadable financial models, workflows to surface and analyze data from SEC filings, as well as expert interview services, Tegus streamlines the way institutional investors and businesses conduct research. The company serves more than 2,500 customers worldwide, including investment firms, corporations, and consultancies. For more information about our leading market and business intelligence solution, visit tegus.com.
Canalyst Financial Modeling is the leading destination for public company data and analysis. The company's SaaS platform provides instant access to the cleanest, richest, best structured fundamental data and models on global public companies. Hundreds of firms across financial services and corporate markets globally rely on Canalyst to reduce duplicative work and ground their financial analysis on sound fundamental data.
Rachel Barker
press@tegus.com
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SOURCE Tegus | https://www.mysuncoast.com/prnewswire/2022/08/02/tegus-acquires-canalyst-create-new-industry-standard-investment-research/ | 2022-08-02T17:22:07Z |
Flowhub now integrates with KayaPush, saving dispensary owners up to 40 hours of admin work per week.
VANCOUVER, BC, July 5, 2022 /PRNewswire/ - KayaPush is the all-in-one cannabis software that helps dispensary owners scale by simplifying payroll, HR, time tracking, and scheduling.
KayaPush has partnered with POS solution Flowhub, becoming their first official payroll and workforce management partner to offer an integrated solution.
This integration will provide dispensary owners with deep insights to help streamline their operations and make data-driven business decisions.
With the Flowhub and KayaPush integration, dispensary owners have the ability to:
- Manage labor and sales spending through customizable reports.
- Measure real-time labor vs. sales insights.
- Pull live historical and sales data.
- Generate visual heat maps to measure peak hours of operations.
- Leverage auto-generated staff schedules built from labor vs. sales insights.
- Streamline and run dispensary payroll in 5 minutes or less.
Dispensary owners who use the KayaPush and Flowhub integration will also benefit from Flowhub's Metrc integration and the ability to run dispensary payroll in over 14 US states.
"Dispensaries face significant challenges compared to traditional retailers due to federal illegality, particularly regarding HR and payroll services. Flowhub is proud to integrate with KayaPush to provide best-in-class cannabis technology and operational improvements for our retail partners." - Leandre Johns, COO at Flowhub
Due to the efficiency of the integration, user data reveals that the KayaPush and Flowhub integration can save dispensary owners up to 40 hours per week of administrative time.
This solution is also the ideal choice for multi-location dispensary owners and operators due to the visibility and flexibility it provides for multi-location users.
CEO of KayaPush, Tommy Truong anticipates a huge demand for this integrated solution, "We're excited to offer dispensary owners a turn-key solution to manage their operations. The KayaPush and Flowhub integration provides dispensaries with meaningful insights to help manage their people and scale operations."
Tommy believes that in an industry as complex as cannabis, it's critical to have reliable and compliant solutions to help dispensary owners succeed.
KayaPush is currently offering a free trial to dispensary owners looking for payroll, HR, and workforce management solutions.
Company Information
About: Kayapush is an all-in-one platform that helps dispensary owners grow and scale by simplifying dispensary payroll, HR, time tracking, and scheduling.
Website: www.kayapush.com
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SOURCE KayaPush | https://www.kxii.com/prnewswire/2022/07/05/kayapush-integrates-with-flowhub-providing-powerful-all-in-one-cannabis-software-solution-dispensaries/ | 2022-07-05T14:39:43Z |
Idaho lawmakers intervene in lawsuit against abortion ban
By KEITH RIDLER
Associated Press
BOISE, Idaho (AP) — The Idaho Supreme Court is allowing state lawmakers to intervene in a lawsuit challenging the constitutionality of a law they passed earlier this year that would ban abortions after about six weeks of pregnancy. The court on Monday approved a request by Republican House Speaker Scott Bedke, Republican Senate President Pro-Tem Chuck Winder and the Legislature to take part in the case. They’ll be represented by private attorneys using taxpayer dollars. The law is modeled after a Texas law that is enforced through lawsuits to avoid constitutional court challenges. The law had been scheduled to take effect Friday but has been temporarily blocked by the court following a lawsuit by a regional Planned Parenthood organization. | https://localnews8.com/news/ap-idaho/2022/04/20/idaho-lawmakers-intervene-in-lawsuit-against-abortion-ban/ | 2022-04-20T19:40:11Z |
30 days of free storage being offered to new customers in need, while vacancy lasts
LOUISVILLE, Ky., Aug. 3, 2022 /PRNewswire/ -- U-Haul® is making six facilities across Kentucky and Tennessee available to provide 30 days of free self-storage and U-Box® container usage to assist residents in the recovery process following severe flooding in the region.
Recent storms have caused extensive home damage and left standing water in many communities across eastern Kentucky and Tennessee. Flooding rendered roads impassable, destroyed bridges and even swept away some homes.
"As folks begin the clean-up process, we want them to know that U-Haul is here to help," stated Christopher Minnich, U-Haul Company of Louisville president. "Anyone impacted by flooding can make use of a storage room or U-Box portable storage container at no cost for one month at our participating stores, while availability exists."
People seeking more information about the U-Haul disaster relief program or needing to arrange 30 days of free self-storage should contact the participating facility nearest them:
U-Haul Moving & Storage of Lexington
1200 E. New Circle Road
Lexington, KY 40505
(859) 252-7596
U-Haul Moving & Storage of Masterson Station
2425 Merchant St.
Lexington, KY 40511
(859) 309-5729
U-Haul Moving & Storage of Versailles
501 Marsailles Road
Versailles, KY 40383
(859) 251-6381
U-Haul Moving & Storage of Bristol
2854 W. State St.
Bristol, TN 37620
(423) 217-4642
U-Haul Moving & Storage of Kingsport
1805 E. Stone Drive
Kingsport, TN 37660
(423) 343-5593
U-Haul Moving & Storage of Johnson City
2805 N. Roan St.
Johnson City, TN 37601
(423) 218-1806
Customers needing cardboard boxes can utilize the in-store Take a Box, Leave a Box program. U-Haul offers an area where customers can drop off used boxes in good condition, and others can access the boxes at no cost. U-Haul encourages anyone who has reusable boxes to drop them at the nearest U-Haul store location to assist this environmentally friendly initiative.
In addition to its 30 days free self-storage disaster relief program, U-Haul is proud to be at the forefront of aiding communities in times of need as an official American Red Cross Disaster Responder.
Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 23,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 186,000 trucks, 128,000 trailers and 46,000 towing devices. U-Haul is the third largest self-storage operator in North America and offers 876,000 rentable storage units and 75.1 million square feet of self-storage space at owned and managed facilities. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry. U-Haul has been recognized repeatedly as a leading "Best for Vets" employer and was recently named one of the 15 Healthiest Workplaces in America.
Contact:
Andrea Batchelor
Jeff Lockridge
E-mail: publicrelations@uhaul.com
Phone: 602-263-6981
Website: uhaul.com
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SOURCE U-Haul | https://www.kxii.com/prnewswire/2022/08/03/u-haul-helping-with-flood-recovery-6-stores-kentucky-tennessee/ | 2022-08-03T21:22:11Z |
Experience the difference. The one and only professional business book for entrepreneurs, college students, startups, and business owners worldwide
WOODBRIDGE, Va., May 25, 2022 /PRNewswire/ -- Mayfair Delivery Corporation announces today a new book from Founder, CEO, Author Prince Nana
https://store.bookbaby.com/bookshop/book/index.aspx?bookURL=HOW-TO-START-and-OPERATE-A-SUCCESSFUL-BUSINESS&b=p_fr-ho-wh titled, "How To Start & Operate A Successful Business: The Trusted Professional Step-By-Step Guide." Published by BookBaby, the new book offers exceptional steps for entrepreneurial and startup success into business ownership, with professional insights on business development and generational wealth building strategies. , "How To Start & Operate A Successful Business" is now available in e-book and paperback on online bookstores worldwide.
With 20 years of Corporate Executive Leadership roles, Prince has written this booked sponsored by Mayfair Delivery Corporation to share his practical insights and professional wisdom on "HOW TO START & OPERATE A SUCESSFUL BUSINESS" from anywhere in the world. With the understanding that startups and the entrepreneurship journey require secrets and formulas for success, Prince keys in on the factors that marketing and advertising are the bottom-line foundations for branding success and development, and selling and buying are the two key daily transactions that allows businesses and companies to grow in the global economy.
"HOW TO START & OPERATE A SUCESSFUL BUSINESS" will provide you with the step-by-step knowledge and resourceful information to be adequately equipped to start, build, and operate your own business in any industry and market worldwide. "HOW TO START & OPERATE A SUCESSFUL BUSINESS" is designed to educate, inform, and offer you the keys to open the doors to your own success and future. The book will put you in the driver's seat and guide you through the steps of developing a startup company or advancing your current business and going to the next level.
What You Get In The Book:
*Global & Corporate Executive Assets Management
*Business Formation
*Financial Institution Establishment
*Global Industry & Market
*Logos, Trademarks, Patents, Copyright
*Networking & Social Media
*Branding & Advertising
*IRS Tax Forms & Proper Usage
*Accounting & Bookkeeping
*Stocks & Investments
*Loans & Funding
*Life Insurance & Generational Wealth Building
Contact:
Mayfair Yates | Mayfair Delivery Corporation
sales@mayfairdelivery.com
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SOURCE Mayfair Delivery Corporation | https://www.mysuncoast.com/prnewswire/2022/05/25/mayfair-delivery-corporation-announces-latest-book-prince-nana-how-start-amp-operate-successful-business-trusted-professional-step-by-step-guide/ | 2022-05-25T20:41:28Z |
Amazon has flexed its muscles with military-style action series (see "Tom Clancy's Jack Ryan" and "Reacher"), but "The Terminal List" adds a numbingly simple-minded revenge saga to that subgenre. Despite the promotional benefits of featuring star-producer Chris Pratt as a grittier kind of avenger, this brutal eight-episode slog squanders its talent in front of and behind the camera.
Adapted from a novel by Jack Carr, the series features Pratt as James Reece, a hard-driving Navy SEAL whose platoon is ambushed and decimated during a covert mission. Reece comes home emotionally scarred, before discovering that his unit might have been the victims of an experiment gone wrong, one that has left him dealing with cognitive trauma that clouds his memories.
If that weren't bad enough, Reece is given additional cause to seek out those responsible, which he does with the help of a friend and former SEAL (Taylor Kitsch) while maintaining contact with an investigative journalist (Constance Wu), who wants the story almost as much as the people who Reece is eliminating want him in custody.
What ensues is a nasty bit of business, as Reece (seemingly possessing a bottomless well of resources, but why sweat the details?) peels back the layers of what transpired, facing a ticking clock in terms of his condition and how long he can remain focused and healthy enough to carry out the task at hand. That road doesn't exactly follow a straight path, more like a dotted one, with occasional detours to go kill people who emerge as responsible for or complicit in the plot.
Produced by, among others, writer David DiGilio and director Antoine Fuqua ("Training Day"), "The Terminal List" feels cliched in the extreme, from Reece's flashbacks and cloudy visions to its cynicism surrounding those in power, whether it's government officials, corporate tycoons or military contractors putting profits and careers ahead of the lives of soldiers.
Taking a break from hanging around with dinosaurs and his Marvel pals, Pratt approaches it all with earnest, square-jawed resolve, but he's left himself playing a flesh-and-blood terminator with few shades of gray built into the program -- a lack of dimension that's characteristic of the whole exercise.
Indeed, more than anything "The Terminal List" recalls the texture of an old Chuck Norris or Charles Bronson movie, the kind of basic "B" fare that hardly yearned to get stretched out over multiple parts, which is surely a sign of the streaming times if not necessarily of progress.
Such considerations aside, "The Terminal List" represents a bit of a coup for Amazon strictly because of the marquee value of Pratt's involvement, placing a movie star front and center. Still, with so many superior options leaving this dead-end series off your "watch" list won't amount to missing much.
"The Terminal List" premieres July 1 on Amazon.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/entertainment/the-terminal-list-strands-chris-pratt-in-a-dead-end-series-as-a-different-kind/article_ac6026b0-8a8b-54d7-b4a4-df3c136a4c9e.html | 2022-07-01T14:40:49Z |
Windward will provide law enforcement and government agencies a holistic view of all the implications of IUU fishing
LONDON, May 17, 2022 /PRNewswire/ -- Windward (LSE: WNWD), the leading Maritime AI company, announced today the expansion of its AI insights to include maritime risk related to illegal, unregulated, and unreported (IUU) fishing. The expansion will allow new and existing customers, including law enforcement and government authorities to have a comprehensive view of IUU fishing related risks through AI-powered behavioral models that analyze and flag all fishing vessels and supporting fleets involved.
IUU fishing is one of the greatest threats to marine ecosystems and fish-based economies to the extent that it has replaced piracy as the top maritime security threat by the US Coast Guard. IUU fishing has a significant environmental impact with an estimated fifth of fish being captured illegally, a significant threat to the marine ecosystem and survival of fish species.
However, the implications of IUU fishing go beyond environmental concerns into economic and geopolitical issues. In recent years, domestic and long-distance fishing fleets have become tools used by nations for maintaining presence, asserting power, and enabling geopolitical expansion. It's therefore critical for authorities to closely monitor these fishing fleets with a clear overview of all actors involved including connected countries, companies, and vessel owners.
Windward's behavior-based model, powered by cutting edge AI and domain expertise, is designed to look further than basic monitoring of illegal fishing, supporting law enforcement entities and intelligence units in their investigations of the broader criminal and political implications of such fishing operations. These include a variety of illegal activities ranging from human trafficking, food fraud, and tax evasion to forced labor violations.
"Illegal fishing is a major concern in and of itself, but it's also a symptom of other issues plaguing the maritime industry," said Matan Peled, Co-Founder and Head of US Business at Windward. "Fishing ships that engage in IUU fishing are quite often involved with slave labor and other criminal activity, in some cases on behalf of foreign governments encroaching on other sovereign governments' exclusive economic zones. Governmental authorities need to move beyond siloed methods of maritime domain awareness and gain a holistic view of malignant actors to mitigate the geopolitical, economic, and environmental risks involved with IUU fishing."
Windward's AI platform is powered by advanced machine learning and behavioral analytics models, empowering its clients across the government, finance, shipping, energy sectors, and beyond to optimize business practices and efficiently navigate all aspects of maritime risk in real-time.
About Windward
Windward (LSE:WNWD), a publicly traded company on the London Stock Exchange, is the leading Maritime AI company, enabling organizations to achieve business and operational readiness. Windward's AI-powered solution allows stakeholders including banks, commodity traders, insurers, and major energy and shipping companies to make real time, predictive intelligence-driven decisions, providing a 360° view of the maritime ecosystem and its broader impact on safety, security, finance, and business. For more information visit: https://windward.ai/.
Media Contact
Sarah Schloss
Headline Media
sarah.schloss@headline.media
+1 914 506 5105
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SOURCE Windward | https://www.wibw.com/prnewswire/2022/05/17/windward-expands-its-ai-insights-include-geopolitical-economic-risks-illegal-unregulated-unreported-iuu-fishing/ | 2022-05-17T12:09:16Z |
The Journey will make three stops in the Des Moines area, from July 8 to 22. Please see locations and timing below.
WASHINGTON, July 8, 2022 /PRNewswire/ -- The All of Us Research Program's Journey mobile exhibit is traveling across the country to engage communities that have been historically underrepresented in medical research. All of Us is inviting one million or more people to help build one of the most diverse health databases of its kind and advance precision medicine.
Since the program launched in 2018, the mobile exhibit has visited more than 100 cities in over 40 states. In Iowa, the Journey will be available to educate and register new participants for the program. With more enrollment and representation from area residents, researchers can help better address health issues that are prevalent in the community.
- FIRST STOP: Ankeny Summerfest (1010 NW Prairie Ridge Drive, Ankeny, IA 50023)
- SECOND STOP: Dallas County Fair (28057 Fairground Road, Adel, IA 50003)
- THIRD STOP: Cowles Commons Performing Arts Center (313 Walnut Street, Des Moines, IA 50309)
EVENT DETAILS:
- All of Us tour managers will be available for interviews before the event or at the event via Zoom or phone.
- Journalists are welcome to shoot B-roll and take photos at the event.
- The mobile exhibit features hands-on activities to learn more about the program, including a digital gaming hub, an augmented reality experience, and more.
- Only adults aged 18+ are able to register for the program at this time.
- COVID-19 safety guidelines:
More than 320,000 people nationwide have enrolled and completed the initial steps to participate in the research program, and over 80% of these participants belong to communities that have been historically underrepresented in biomedical research, including 50% from racial and ethnic minority groups. Researchers will use the data that participants contribute to learn how biology, lifestyle, and environment affect health. This may one day help them find more tailored ways to treat and prevent disease.
For more information, visit allofus.nih.gov. | To sign up, visit joinallofus.org.
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SOURCE All of Us Journey | https://www.kxii.com/prnewswire/2022/07/08/nihs-all-us-research-program-continues-nationwide-journey-tour-after-two-year-pandemic-pause-enrolling-new-participants-historic-biomedical-database-iowa-78-722/ | 2022-07-08T12:43:13Z |
Major detour began Monday, adding more time to your travel
TOPEKA, Kan. (WIBW) -Westbound lanes on the Polk-Quincy Viaduct are closed to drivers.
“This is just the beginning and I think what they tried to do is do this in stages for when the closures are and they can adjust to their transportation routes to what their needs are,” said Mayor Mike Padilla.
To cut down time in your car, several detours have been made.
Drivers going through town are asked to detour using I-470 to the south or to the north -- use K-4, Highway 24 and Highway 75 to get around.
In-town drivers can exit Madison Avenue to 6th Street.
KDOT says crews are patching pavement to improve the road until the new Polk-Quincy Viaduct bridge is open.
Polk-Quincy isn’t the only long-term project detouring Topeka drivers.
The city is in the second year of its 12th St. Reconstruction project. The stretch from Kansas Avenue to Washburn finished last year. This summer, all intersections along 12th from Garfield to Gage have been closed since May, with 12th St. Itself blocked between Washburn and Gage.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/16/major-detour-began-monday-adding-more-time-your-travel/ | 2022-08-16T03:51:08Z |
- GAAP and adjusted EPS for the quarter of $0.29 and $0.32 per diluted share, respectively
- Revenue increased 27% sequentially due to strong customer demand
- Adjusted EBITDA increased 77% sequentially
- Oil & Gas segment contribution margin increased 73% sequentially
- Industrial & Specialty Products segment contribution margin increased 21% sequentially
- Repurchased $100 million of debt at a discount to par using cash on hand in July
KATY, Texas, July 29, 2022 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) (the "Company"), a diversified industrial minerals company and the leading last-mile logistics provider to the oil and gas industry, today announced net income of $22.9 million, or $0.29 per diluted share, for the second quarter ended June 30, 2022. The second quarter results were negatively impacted by $2.4 million pre-tax, or $0.03 per diluted share after-tax, of charges primarily related to merger and acquisition related expense and facility closure costs, resulting in adjusted EPS (a non-GAAP measure) of $0.32 per diluted share.
These results compared with a net loss of $8.4 million, or $0.11 per diluted share, for the first quarter of 2022, which were negatively impacted by $9.4 million pre-tax, or $0.09 per diluted share after-tax, of charges primarily related to a supplier contract termination and merger and acquisition related expenses, resulting in an adjusted loss of $0.02 per diluted share.
Bryan Shinn, Chief Executive Officer, commented, "We delivered an exceptional second quarter with outstanding sales volume, revenue, earnings and cash generation across the company. By capitalizing on the strength in our underlying markets and improved operational efficiencies, we generated a 77% sequential increase in adjusted EBITDA, and $88 million of cash flow from operations. We continued to experience robust customer demand during the quarter and implemented numerous price increases and surcharges across both business units to fight inflationary impacts. In addition, I am extremely proud of our organization's execution during the second quarter as we creatively improved international logistics performance, increased plant outputs and delivered world class safety performance.
"In our Oil & Gas segment, the supply and demand balance in the sand and last mile logistics market remains very tight and we were effectively sold out due to strong well completion demand, particularly in West Texas. During the second quarter, we took advantage of operational efficiency gains at key mine sites to maximize production and our sand and SandBox sales prices and margins continued to move higher. Given the expectation for a multi-year energy up cycle, customers have been determined to secure sand supply and are signing attractive multi-year contracts, including paying cash up front.
"In our Industrial & Specialty Products segment, demand remained strong across end market segments. The transitory seasonal issues we experienced in the first quarter were resolved and we realized a very strong rebound in the second quarter, driven by price increases and surcharges across all major product lines to combat inflation, improved product mix, and greater operational efficiencies from initiatives such as leveraging alternate shipping ports and packaging automation.
"During the first half of 2022, our businesses generated significant profitability and levels of free cash flow that afforded us the ability to opportunistically repurchase $100 million of debt at a discount to par using cash on hand earlier this month. Given that we expect continued meaningful free cash flow generation in the second half of 2022, we anticipate further reductions in our net debt, and are forecasting continued positive momentum in the third quarter."
Second Quarter 2022 Highlights
Total Company
- Revenue of $388.5 million for the second quarter of 2022 increased 27% compared with $304.9 million in the first quarter of 2022 and increased 22% when compared with the second quarter of 2021.
- Overall tons sold of 4.652 million for the second quarter of 2022 increased 13% compared with 4.134 million tons sold in the first quarter of 2022 and increased 13% when compared with the second quarter of 2021.
- Contribution margin of $123.3 million for the second quarter of 2022 increased 49% compared with $82.6 million in the first quarter of 2022 and increased 55% when compared with the second quarter of 2021 after excluding the $48.9 million customer settlement.
- Adjusted EBITDA of $93.8 million for the second quarter of 2022 increased 77% compared with $52.9 million in the first quarter of 2022 and increased 72% when compared with the second quarter of 2021 after excluding the $48.9 million customer settlement.
Oil & Gas
- Revenue of $244.2 million for the second quarter of 2022 increased 39% when compared with $176.2 million in the first quarter of 2022 and increased 26% when compared with the second quarter of 2021.
- Tons sold of 3.528 million for the second quarter of 2022 increased 15% compared with 3.060 million tons sold in the first quarter of 2022 and increased 17% when compared with the second quarter of 2021.
- Segment contribution margin of $77.4 million, or $21.93 per ton, increased 73% when compared with $44.8 million in the first quarter of 2022 and increased 129% when compared with the second quarter of 2021 after excluding the $48.9 million customer settlement.
Industrial & Specialty Products (ISP)
- Revenue of $144.3 million for the second quarter of 2022 increased 12% compared with $128.6 million in the first quarter of 2022 and increased 16% when compared with the second quarter of 2021.
- Tons sold of 1.124 million for the second quarter of 2022 increased 5% when compared with 1.074 million tons sold in the first quarter of 2022 and increased 4% when compared with the second quarter of 2021.
- Segment contribution margin of $45.9 million, or $40.85 per ton, for the second quarter of 2022 increased 21% compared with $37.8 million in the first quarter of 2022 and was flat when compared with the second quarter of 2021.
Capital Update
As of June 30, 2022, the Company had $312.4 million in cash and cash equivalents and total debt was $1.205 billion. The Company's $100.0 million Revolver had zero drawn, with $21.6 million allocated for letters of credit, and availability of $78.4 million. During the second quarter of 2022, the Company generated $88.1 million in cash flow from operations and capital expenditures in the second quarter totaled $10.5 million.
Outlook and Guidance
Looking forward to the third quarter and second half of 2022, the Company's two business segments remain well positioned for growth in their respective markets. The Company has a strong portfolio of industrial and specialty products that serve numerous essential, high growth and attractive end markets, supported by a robust pipeline of new products under development, as well as growth in its underlying base business and pricing increases and surcharges to continue to fight inflationary impacts.
The oil and gas industry is progressing through what is anticipated to be a multi-year growth cycle. Strength in both WTI crude oil and natural gas prices are promising for an active well completions environment throughout the second half of 2022 and into 2023.
The Company remains focused on generating free cash flow and de-levering the balance sheet and intends on being operating cash flow positive in 2022, keeping an estimated $40-$60 million of capital expenditures within operating cash flow.
Conference Call
U.S. Silica will host a conference call for investors today, July 29, 2022 at 7:30 a.m. Central Time to discuss these results. Hosting the call will be Bryan Shinn, Chief Executive Officer and Don Merril, Executive Vice President and Chief Financial Officer. Investors are invited to listen to a live webcast of the conference call by visiting the "Investors- Events & Presentations" section of the Company's website at www.ussilica.com. The webcast will be archived for one year. The call can also be accessed live over the telephone by dialing (877) 869-3847 or for international callers, (201) 689-8261. A replay will be available shortly after the call and can be accessed by dialing (877) 660-6853 or for international callers, (201) 612-7415. The conference ID for the replay is 13731716. The replay will be available through August 29, 2022.
About U.S. Silica
U.S. Silica Holdings, Inc. is a global performance materials company and is a member of the Russell 2000. The Company is a leading producer of commercial silica used in the oil and gas industry and in a wide range of industrial applications. Over its 122-year history, U.S. Silica has developed core competencies in mining, processing, logistics and materials science that enable it to produce and cost-effectively deliver over 600 diversified products to customers across our end markets. U.S. Silica's wholly-owned subsidiaries include EP Minerals and SandBox Logistics™. EP Minerals is an industry leader in the production of products derived from diatomaceous earth, perlite, engineered clays, and non-activated clays. SandBox Logistics™ is a state-of-the-art leader in proppant storage, handling and well-site delivery, dedicated to making proppant logistics cleaner, safer and more efficient. The Company has 28 operating mines and processing facilities and is headquartered in Katy, Texas.
Forward-looking Statements
This second quarter 2022 earnings release, as well as other statements we make, contain "forward-looking statements" within the meaning of the federal securities laws - that is, statements about the future, not about past events. Forward-looking statements give our current expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. These statements may include words such as "anticipate," "estimate," "expect," "project," "plan," "intend," "believe," "may," "will," "should," "could," "can have," "likely" and other words and terms of similar meaning. Forward-looking statements made include any statement that does not directly relate to any historical or current fact and may include, but are not limited to, statements regarding U.S. Silica's growth opportunities, strategy, future financial results, forecasts, projections, plans and capital expenditures, technological innovations, the impacts of COVID-19 on the Company's operations, and the commercial silica industry. Forward-looking statements are based on our current expectations and assumptions, which may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties and changes in circumstances that are difficult to predict. Many factors could cause actual results to differ materially and adversely from these forward-looking statements. Among these factors are global economic conditions; the effect of the COVID-19 pandemic on markets the Company serves; supply chain and logistics constraints for our company and our customers, fluctuations in demand for commercial silica, diatomaceous earth, perlite, clay and cellulose; fluctuations in demand for frac sand or the development of either effective alternative proppants or new processes to replace hydraulic fracturing; the entry of competitors into our marketplace; changes in production spending by companies in the oil and gas industry and changes in the level of oil and natural gas exploration and development; changes in oil and gas inventories; general economic, political and business conditions in key regions of the world; pricing pressure; cost inflation; weather and seasonal factors; the cyclical nature of our customers' business; our inability to meet our financial and performance targets and other forecasts or expectations; our substantial indebtedness and pension obligations, including restrictions on our operations imposed by our indebtedness; operational modifications, delays or cancellations; prices for electricity, natural gas and diesel fuel; our ability to maintain our transportation network; changes in government regulations and regulatory requirements, including those related to mining, explosives, chemicals, and oil and gas production; silica-related health issues and corresponding litigation; and other risks and uncertainties detailed in this press release and our most recent Forms 10-K, 10-Q, and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date hereof, and we disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
Non-GAAP Financial Measures
Segment Contribution Margin
Segment contribution margin is a key metric that management uses to evaluate our operating performance and to determine resource allocation between segments. Segment contribution margin excludes selling, general, and administrative costs, corporate costs, plant capacity expenses, and facility closure costs.
The following table sets forth a reconciliation of net income (loss), the most directly comparable GAAP financial measure, to segment contribution margin.
Adjusted EBITDA
Adjusted EBITDA is not a measure of our financial performance or liquidity under GAAP and should not be considered as an alternative to net income (loss) as a measure of operating performance, cash flows from operating activities as a measure of liquidity or any other performance measure derived in accordance with GAAP. Additionally, Adjusted EBITDA is not intended to be a measure of free cash flow for management's discretionary use, as it does not consider certain cash requirements such as interest payments, tax payments and debt service requirements. Adjusted EBITDA contains certain other limitations, including the failure to reflect our cash expenditures, cash requirements for working capital needs and cash costs to replace assets being depreciated and amortized, and excludes certain charges that may recur in the future. Management compensates for these limitations by relying primarily on our GAAP results and by using Adjusted EBITDA only supplementally. Our measure of Adjusted EBITDA is not necessarily comparable to other similarly titled captions of other companies due to potential inconsistencies in the methods of calculation.
The following table sets forth a reconciliation of net income (loss), the most directly comparable GAAP financial measure, to Adjusted EBITDA:
U.S. Silica Holdings, Inc.
Investor Contact
Patricia Gil
Vice President, Investor Relations
(281) 505-6011
gil@ussilica.com
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SOURCE U.S. Silica Holdings, Inc. | https://www.kxii.com/prnewswire/2022/07/29/us-silica-holdings-inc-announces-second-quarter-2022-results/ | 2022-07-29T10:20:32Z |
Designed and built in Boston, the Barton & Gray Daychaser 48' was created by the yachting industry's most prestigious thought leaders to combine the power of a commercial boat with the opulence of a chic dayboat
CAMBRIDGE, Mass., Sept. 12, 2022 /PRNewswire/ -- Barton & Gray Mariners Club, the yacht membership club that unlocks all the benefits of boat ownership without the impediments, announces the debut of the Daychaser 48', the brand's first proprietary yacht built exclusively for Mariner's Club members. Several years in the making, the Daychaser 48' exemplifies the Barton & Gray experience, boasting ample space for socializing, from an expansive bar and lounge space on the bow to a Beach Club on the stern for water sports and beach access. The first Daychaser 48' is launching in Boston for members to book for outings in the Hamptons, Greenwich, and Manhattan with nine additional boats splashing throughout the remainder of 2022 and into early 2023.
Since it was founded on Nantucket in 2006, Barton & Gray has assembled and maintained a fleet of over 75 luxurious Hinckley yachts. With consumer interest in boating at an all-time high, desire for the Barton & Gray experience has skyrocketed. In fact, the Club forecasts a record 12,000+ outings in 2022. This massive growth and demand among members for an elevated experience led Barton & Gray to expand its current fleet with a new boat custom-built for its members.
"Barton & Gray is synonymous with a luxury oceanfront experience. We allow our members to relax on the water and make fond memories with their loved ones," said Barton & Gray Co-Founder and CMO Douglas Gray. "The Daychaser 48' is the culmination of years watching our members and learning what they want when they board our boats. It combines the latest in maritime technology with the romance of luxury day boating to optimize for durability, sustainability, style and enjoyment."
To complete the Daychaser 48', Barton & Gray Yachtworks turned to some of the most prestigious thought leaders in the yachting industry including celebrated yacht designer Doug Zurn of Zurn Yacht Design and Boston Boatworks. The boat was designed and built domestically in the Boston area, in close proximity to Barton & Gray's headquarters in Boston, MA. and Portsmouth, NH. Because the boat is being built domestically, it has to follow stringent environmental guidelines, including being built with no VOCs and with eco-friendly composites.
Sustainability was intertwined throughout the design and manufacturing process, with the new boat featuring a unique shape developed to cut through the water more efficiently and reduce waste in the construction process. Weighing one-third less than a traditional yacht of similar size and tapping into materials not traditionally used in the boating industry, the Daychaser '48 is more fuel-efficient than a typical dayboat. Paired with the Barton & Gray sharing economy model that allows for more efficient usage - Barton & Gray boats are used ten times more than traditional yachts - the Daychaser 48' is more efficient in terms of time, fuel costs, materials and dock space.
"Not only does the Daychaser 48' match the high-end aesthetic our members desire and expect from our brand, but it is reliable enough to ensure consistent usage by our members and sustainable enough to keep our oceans and harbors clean," said Barton & Gray Co-Founder and President Timothy Barton. "Our boat is built with considerable respect for the coastal ecosystem and with the needs of our members. It is the physical embodiment of the techniques and lessons honed from the team over the past 17 years."
Optimized for day and evening trips, the Daychaser 48' boasts a massive open-deck plan with a walk-through windshield connecting three sheltered and open-air lounge areas. Perfect for entertaining, the Daychaser's lounge spaces are upholstered with Perennials fabric and feature tables to hold wine and other refreshments, while a built-in inflator means that paddle boards and water toys can always be at the ready. Additionally, the boat will feature a Seakeeper, a gyroscopic stabilizer, transforming the boating experience by virtually eliminating any boat roll or rockiness. Without the need for overnight accommodations below-deck, the below-deck space has been optimized for easy maintenance or repair of mechanics and open space to hold plates, cups, paddle boards, spare towels and other water toys necessary for a perfect day on the water. There is also a daybed, shower and desk below deck.
"Barton & Gray was clear from the start that this is a purpose-built vessel centered around entertainment at sea. I took that to heart in the design process and envisioned exactly how members would use each aspect of the boat," said Doug Zurn of renowned design firm Zurn Yacht Design in Marblehead, MA. "But it is truly a lion in lamb's clothing. Under its beautiful exterior, this is a powerful boat with the capabilities of a military- or commercial-grade vessel."
Approved by the Coast Guard, the Daychaser 48's power-train engines were built around the highly durable twin Cummins QSB 6.7 550-hp diesels married to Hamilton waterjets. The yacht control systems are custom joystick controls created by Barton & Gray to be more functional than recreational-grade controls. Rounding out the maritime systems are Seakeeper gyrostabilizers and Zipwake dynamic trim-control systems. The boat reaches a modest 35 knots, but smoothness of ride is preferred over speed so that members can enjoy a calm, dry ride and plenty of idle time by the beach.
"Building the Daychaser 48' was such a unique project for us and an absolute honor," said Boston Boatworks Founder and CEO Scott Smith. "This felt like a seamless partnership, pairing Boston Boatworks' 25 years of experience building best-in-class boats with Barton & Gray's mastership in offering members one-of-a-kind experiences."
Barton & Gray Mariners Club was founded in 2006 by a crew of marine, software and marketing professionals, helmed by Timothy Barton and Douglas Gray. In the early days of the burgeoning "collaborative" or "sharing" economy, the crew recognized the vast inventory of time aboard yachts tied up to the docks, as well as the opportunity for technology to actualize that inventory. But most importantly, the crew wanted to make the joys of time spent on the water more approachable, expanding one of mankind's favorite past times to a whole new audience. After that first Summer in Nantucket, more and more people are spending time on the water with Barton & Gray Mariners Club every day. The Club now runs 75+ yachts, in over 30 harbors, hosting tens of thousands of passengers each year. Barton & Gray Mariners Club combines the luxury of yachting, the adventure of exploration, and the joys of entertaining into one of the most sought-after amenities in the world.
PR Contact, Barton & Gray:
Emily Castro
Nike Communications
ecastro@nikecomm.com
516.640.8820
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SOURCE Barton & Gray Mariners Club | https://www.mysuncoast.com/prnewswire/2022/09/12/barton-amp-gray-debut-daychaser-48-brands-first-proprietary-yacht-built-luxuriating-sea/ | 2022-09-12T16:35:48Z |
KYIV, Ukraine (AP) — Russia’s military pounded residential areas across Ukraine overnight, claiming gains, as Ukrainian forces pressed a counteroffensive to try to take back an occupied southern region, striking the last working bridge over a river in the Russian-occupied Kherson region, Ukrainian authorities said Saturday.
A Russian rocket attack on the city of Kramatorsk killed three people and wounded 13 others Friday night, according to the mayor. Kramatorsk is the headquarters for Ukrainian forces in the country’s war-torn east.
The attack came less than a day after 11 other rockets were fired at the city, one of the two main Ukrainian-held ones in Donetsk province, the focus of an ongoing Russian offensive to capture eastern Ukraine’s Donbas region.
The Russian Defense Ministry claimed Saturday its forces had taken control of Pisky, a village on the outskirts of the city of Donetsk, the provincial capital that pro-Moscow separatists have controlled since 2014.
Russian troops and the Kremlin-backed rebels are trying to seize Ukrainian-held areas north and west of the city of Donetsk to expand the separatists’ self-proclaimed republic. But the Ukrainian military said Saturday that its forces had prevented an overnight advance toward the smaller cities of Avdiivka and Bakhmut.
Russian Defense Ministry spokesman Igor Konashenkov also claimed that Russian strikes near Kramatorsk, 120 kilometers (75 miles) north of Donetsk city, destroyed a U.S.-supplied multiple rocket launcher and ammunition. Ukrainian authorities did not acknowledge any military losses but said Russian missile strikes Friday on Kramatorsk had destroyed 20 residential buildings.
Neither claim could be independently verified.
The Ukrainian governor of neighboring Luhansk province, part of the Donbas region that was overrun by Russian forces last month, claimed that Ukrainian troops still held a small area in the province. Writing on Telegram, Luhansk Gov. Serhii Haidai said the defending troops were holed up inside an oil refinery on the edge of Lysychansk, a city that Moscow claimed to have captured, and also control areas near a village.
“The enemy is burning the ground at the entrances to the Luhansk region because it cannot overcome (Ukrainian resistance along) these few kilometers,” Haidai said. “It is difficult to count how many thousands of shells this territory of the free Luhansk region has withstood over the past month and a half.”
Further west, the governor of the Dnipropetrovsk region reported more Russian shelling of the city of Nikopol, which lies across the Dnieper River from Europe’s largest nuclear power plant.
Gov. Yevhen Yevtushenko did not specify whether Russian troops had fired at Nikopol from the occupied Zaporizhzhia Nuclear Power Plant. Writing on Telegram, he said Saturday that there were no casualties but residential buildings, a power line and a gas pipeline were damaged.
Nikopol has undergone daily bombardment for most of the past week, and a volley of shells killed three people and damaged 40 apartment buildings on Thursday, he said.
Russia and Ukrainian officials have accused each other of shelling the Zaporizhzhia plant in contravention of nuclear safety rules. Russian troops have occupied the plant since the early days of Moscow’s invasion, although the facility’s Ukrainian nuclear workers continue to run it.
Ukrainian military intelligence alleged Saturday that Russian troops were shelling the plant from a village just kilometers away, damaging a plant pumping station and a fire station. The intelligence directorate said the Russians had bused people into the power plant and mounted a Ukrainian flag on a gun on the outskirts of Enerhodar, the city where the plant is located.
“Obviously, it will be used for yet another provocation to accuse the armed forces of Ukraine,” the directorate said, without elaborating.
Ukrainian officials have repeatedly alleged that Russian forces were using the plant as a shield while firing at Ukrainian communities across the river, knowing that Ukrainian forces were unlikely to fire back for fear of triggering a nuclear accident.
They said Russian shelling on Friday night killed one woman and injured two other civilians in the city of Zaporizhzhia. Ukraine’s southern Mykolayiv region also said a woman died there in shelling.
For several weeks, Ukraine’s military has tried to lay the groundwork for a counteroffensive to reclaim southern Ukraine’s Russian-occupied Kherson region. A local Ukrainian official reported Saturday that a Ukrainian strike had damaged the last working bridge over the Dnieper River in the region, further crippling Russian supply lines.
“The Russians no longer have any capability to fully turn over their equipment,” Serhii Khlan, a deputy to the Kherson Regional Council, wrote on Facebook.
The British Defense Ministry said Saturday that damage to bridges across the Dnieper means that “ground resupply for the several thousand Russian troops on the west bank is almost certainly reliant on just two pontoon ferry crossing points.”
“Even if Russia manages to make significant repairs to the (damaged) bridges, they will remain a key vulnerability,” the British said.
On Saturday, the deputy director of the Russian-controlled Kakhovka hydropower plant 60 kilometers (37 miles) upriver from the city of Kherson said one of its generating units was out of service after a Ukrainian missile strike. Arseniy Zelenskyy said further strikes could endanger the Zaporizhzhia nuclear plant because its water intakes use the reservoir formed by the Kakhovka plant’s dam.
Days after explosions at a Russian air base in Crimea destroyed up to a dozen aircraft, a Ukrainian presidential adviser said Kyiv should make retaking the Black Sea peninsula that Moscow annexed in 2014 one of its goals of the war.
“Russia started a war against Ukraine and the world in 2014, with its brazen seizure of Crimea. It is obvious that this war should end with the liberation of Crimea,” Mykhailo Podoylak, the head of Ukrainian President Volodymyr Zelenskyy’s office, wrote Saturday on Twitter. “And also with the legal punishment of the initiators of the ‘special military operation’” – the Kremlin’s term for its war in Ukraine.
Ukrainian officials have not claimed responsibility for the explosions Tuesday at the Saki air base in Crimea. Russian defense officials have denied any aircraft were damaged — or that any attack even took place — attributing the blasts to on-site munitions that exploded.
___
Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/russian-shelling-heavy-in-east-ukraine-strikes-key-bridge/ | 2022-08-14T01:53:41Z |
MINNEAPOLIS, Aug. 18, 2022 /PRNewswire/ -- Bio-Techne Corporation (NASDAQ: TECH) today announced that R&D Systems®, a Bio-Techne brand, has released its new Quantist Luminex® data analysis software. Compatible with all available Luminex xMAP® instruments, Quantist software provides fast, reliable analysis of Luminex multiplex assay data, helping researchers extract valuable insights from complex data.
The new Quantist software provides researchers with an important tool for quickly analyzing dozens of analytes with improved accuracy and efficiency, including the ability to evaluate the long-term consistency of their Luminex assay data. The intuitive software interface allows users to easily make inter-assay comparisons, adjust standard curve parameters, and export optimized data for creating ready-to-graph Excel files.
"The ability to accurately analyze complex scientific data and turn it into actionable insights is critical across all areas of research," said Will Geist, Bio-Techne's Protein Sciences Segment President. "Quantist helps meet this fundamental need, allowing researchers to uncover valuable insights that can accelerate discovery. It also provides an important component in our ongoing strategy of supporting customers with end-to-end solutions across their multiplex assay workflow."
Luminex xMAP technology is a leading bead-based assay platform that allows for the simultaneous detection of multiple targets in a single sample. The quantification of multiple cytokines and other biomarkers in a sample provides critical information about biological processes and diseases. With Quantist software, R&D Systems Luminex users now have a comprehensive, end-to-end workflow solution for intelligent, high-performance multiplexing.
Taken together, R&D Systems® Discovery and High Performance assays comprise one of the largest, most flexible Luminex analyte menus available. Assays are available for human, mouse, porcine, non-human primate, and rat from samples including serum, plasma, and cell culture media.
About Bio-Techne
Bio-Techne Corporation (NASDAQ: TECH) is a global life sciences company providing innovative tools and bioactive reagents for the research and clinical diagnostic communities. Bio-Techne products assist scientific investigations into biological processes and the nature and progress of specific diseases. They aid in drug discovery efforts and provide the means for accurate clinical tests and diagnoses. With thousands of products in its portfolio, Bio-Techne generated approximately $1.1 billion in net sales in fiscal 2022 and has approximately 3,000 employees worldwide. For more information on Bio-Techne and its brands, please visit http://www.bio-techne.com
About Bio-Techne Corporation (NASDAQ: TECH)
Contact: David Clair, Vice President, Investor Relations
david.clair@bio-techne.com
612-656-4416
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SOURCE Bio-Techne Corporation | https://www.wibw.com/prnewswire/2022/08/18/bio-techne-announces-release-quantist-luminex-data-analysis-software/ | 2022-08-18T12:33:23Z |
- Q2 Revenue totaled $18.4 million, 80% higher than the same period in 2021
- First half 2022 revenue grew 108% to $38.6 million compared to the first half of last year
TORONTO, Aug. 29, 2022 /PRNewswire/ - Think Research Corporation (TSXV: THNK) (OTCQB: THKKF) ("Think" or the "Company"), a healthcare technology company focused on transforming healthcare through knowledge-based digital health software solutions, today reported financial results for the second quarter and Year-to-Date period ending June 30, 2022. Additional information concerning the Company, including our unaudited consolidated interim financial statements and related Management's Discussion and Analysis ("MD&A") for the periods ended June 30, 2022, can be found under the Company's profile on SEDAR at www.sedar.com and on our website. With over 13,000 enterprise healthcare facilities under license, Think solutions enable more than 300,000 doctors, nurses and pharmacist users to leverage our essential data service to help ensure everyone gets the best possible care.
"We are very pleased to report significant revenue increases for both Q2 and the first half of 2022 relative to the same periods in 2021, despite experiencing some revenue delays related to deferrals within our clinical research program associated with delays in our sponsoring drug program," said Sachin Aggarwal, Think's CEO. "We expect these studies to come back on track during the second half of the year. Further, Think is increasingly winning larger deals and we are confident that our current trajectory is aligned with the Company's near and longer-term growth and profitability expectations."
- Q2 revenue of $18.4 million increased 80% or $8.2 million over the $10.2 million reported in Q2 2021, while revenue for the first six months of 2022 was $38.6 million, $20.0 million or 108% higher than the corresponding period in 2021.
- Revenue from each of Think's primary segments:
- Adjusted EBITDA1 reflected a loss of $1.6 million compared to a loss of $1.3 million in Q2 2021 and a loss of $0.3 million in Q1 2022. The quarter -over-quarter decline in Adjusted EBITDA was a direct result of a sequential decrease in revenue associated with delays in clinical research programs and one-time professional services revenue in the software and data segment that was recognized in Q1. See "Cautionary Note Regarding Non-IFRS Financial Measures" for further information.
- Adjusted EBITDA Margin2 (as defined herein) was negative 9% in Q2 compared to negative 13% in Q2 2021. See "Cautionary Note Regarding Non-IFRS Financial Measures" for further information. During the first six months of 2022, Adjusted EBITDA margin was negative 5% compared to negative 16% for the first six months of 2021, with the improvement attributable to realized cost synergies and overall revenue scale relative to last year.
- During the second quarter and first half of FY2022, the Company generated gross profit of $9.4 million and $18.5 million, an increase of 66% and 68%, respectively, over the $5.7 million and $11.0 million in the comparable periods the prior year. The rise in gross profit was primarily related to the increase in revenue, which in turn stemmed primarily from acquisitions supplemented by organic revenue growth.
- For the six months ended June 30, 2022 the Company generated gross margin of 48.0% compared to 59.3% for the same period in the prior year. The main factor driving gross margin lower in the current year compared to 2021 was the change in revenue mix arising from acquisitions completed in 2021 generally and BioPharma in particular, along with realized cost synergies.
- Think continued to focus on reducing cash operating expenses through realized cost synergies, which had an annualized value of $5.8 million in FY2021 and an additional $3.6 million in the first half of FY2022, and which management believes will enable Think to realize significant expense leverage over larger revenue streams going forward.
- General and administration expenses increased to $8.0 million and $14.2 million for the second quarter and year to date 2022, increasing 66% and 49%, respectively, over the same periods in 2021. These increases reflect higher overall personnel costs related to the acquisitions described above, including higher salaries and wages to support the continued growth of the business with these higher costs partially offset by recognized synergies.
- Research and development expenses increased by $0.7 million for the second quarter and $0.8 million for the first half of FY2022 over the same periods in 2021, due primarily to Think's investment in software during Q2 related to the Company's 'Digital Front Door' software solutions, which in turn was driven by new license sales to large organizations in Canada, representing increases of 42% and 24% over the same periods in 2021, respectively.
- Sales and marketing expenses totaled $2.4 million and $4.7 million in the second quarter and first half of 2022, reflecting increases of approximately 7% and 16%, respectively, primarily due to acquisitions completed during prior periods, branding activities to continue to elevate the Think brand, along with higher salaries and wages tied to supporting ongoing business growth, partially offset by cost synergies realized year to date.
- Depreciation and amortization increased by 189% and 226% for the three and six months ending June 30, 2022 over the same respective periods in FY2021, primarily due to depreciation and amortization expense associated with acquired businesses.
- Acquisition, restructuring and other costs totaled $0.7 million in Q2 of FY2022, a 6% decline over Q2 FY2021, but increased 13% to $1.8 million for the first half of FY2022 over the same period in 2021. The first half 2022 increase is due primarily to the implementation costs associated with Think's plan to streamline staffing resources as part of its efforts to capture synergies from the operations of acquired companies.
- Net loss increased by $1.9 million for the three-month period ended June 30, 2022 compared to the same period the prior year, and by $3.0 million in the first half of 2022 compared to the same period in 2021, with increases in both periods primarily due to the higher costs associated with the continued growth in Think's business.
- The Company's cash balance at June 30, 2022 was $6.1 million, slightly lower than $6.3 million as at December 31, 2021, reflecting the impact of a $10 million draw on its new credit facility with Beedie Investments Ltd. ("Beedie"), described in more detail below, and the repayment of $2.4 million of its operating line in the first half of the year, resulting in a net increase of cash from loans and borrowings. Think also made payments of $1.6 million on lease liabilities and $1.6 million for finance costs in the first half of 2022. The Company also invested $1.9 million in intangible assets, $0.3 million in property and equipment, and paid $0.4 million of cash consideration related to a performance milestone related to an acquisition that was completed in the prior year.
- Based on the Company's unaudited financial results for the current fiscal year to date, management is updating its FY2022 revenue target to an annualized fourth-quarter run rate of between $84 million and $90 million, or $21M to $22.5M for the three months ending December 31, 2022. Management is also adjusting its annualized fourth-quarter run rate Adjusted EBITDA1 target to between $6 million and $9 million, or $1.5 million to $2.3 million for the three months ending December 31, 2022.
- During the quarter, the Company entered into a credit agreement (the "Beedie Credit Agreement") on April 22, 2022, pursuant to which Beedie issued to the Company a secured non-revolving convertible term loan of up to the principal amount of $25 million (the "Convertible Loan"), maturing on the fourth anniversary of the closing date of the Convertible Loan. As referenced above, an initial advance of $10 million was taken by Think on May 10, 2022. Prior to repayment of the Initial Advance, Beedie has the option to convert all or any portion of the principal amount of the Initial Advance into equity at a price of $1.443 per share, subject to certain conditions. Further details regarding the Beedie Credit Agreement are available in Think's press release dated May 10, 2022 or in the Company's Q2 2022 MD&A.
- Following the Initial Advance, the Company may from time to time borrow the remaining unadvanced portion of the Convertible Loan by one or more subsequent advances (each a "Subsequent Advance") during the term of the Convertible Loan. Subsequent Advances may only be used by the Company to complete acquisitions of complementary businesses approved by Beedie, or as otherwise agreed to by Beedie. Subsequent advances will also be convertible into Common Shares of the Company subject to the terms of the Beedie Credit Agreement.
- MDBriefCase was chosen by a global pharmaceutical company to deliver high-quality educational content and programs to healthcare practitioners regarding its drug and vaccine therapies throughout 2022 and 2023 with a contract value of approximately $4.1million, with revenues to be earned based on the achievement of various contractual milestones.
- On June 28, 2022, Think announced a contract with a major U.S.-based pharmacy to deliver business intelligence and support solutions to more than 1,700 pharmacies servicing 5.5 million patients throughout the United States. This contract is a direct result of the acquisition of Pharmapod Ltd. in the second half of fiscal 2021.
Think plans to grow revenue with improving margins by becoming an increasingly essential data solutions provider for healthcare practitioners everywhere with the goal of delivering the best outcomes for patients.
To fulfill this objective, Think's operational focus is threefold:
The objective of this operational focus, both in the short and long- term, is to generate organic revenue growth with improved margins, realize positive Adjusted EBITDA and enhance the Company's financial flexibility supporting long-term sustainability.
The Company has obtained an advance waiver through September 30, 2022 in respect of the financial covenants set out in the Beedie Credit Agreement (the "Credit Agreement"). The Company has not committed an event of default under the Credit Agreement. The Company is in the process of obtaining the consent of Scotiabank to the Covenant Waiver, pursuant to the terms of the Scotia Credit Facility. A copy of the Credit Agreement is available under the Company's profile on SEDAR at www.sedar.com.
Think will be holding a conference call via webcast on August 29, 2022, at 9:00 a.m. EST, hosted by CEO Sachin Aggarwal and interim CFO John Hayes, with a Q&A session to follow. To register for the conference call, please click here.
Conference call dial-in:
Toronto: 416-764-8659
North American Toll-Free: 1-888-664-6392
Conference ID:61386443
Think Research Corporation is an industry leader in delivering knowledge-based digital health software solutions. The Company's focused mission is to organize the world's health knowledge so everyone gets the best care. Its evidence-based healthcare technology solutions support the clinical decision-making process, and standardize care, to facilitate better health care outcomes. The Company gathers, develops, and delivers knowledge-based solutions globally to customers which typically includes enterprise clients, hospitals, health regions, health care professionals, and / or governments. The Company has gathered a significant amount of data by building its repository of knowledge through its network and group of companies (including acquired companies).
Think licenses its solutions to over 13,000 facilities for over 300,000 primary care, acute care, and long-term care doctors, nurses and pharmacists that rely on the content and data provided by Think to support their practices. Millions of patients and residents annually receive better care due to the essential data that Think produces, manages and delivers.
In addition, the company collects and manages pharmaceutical and clinical trial data via the BioPharma entity that Think acquired on September 10, 2021. BioPharma is a leading provider of bioequivalence and Phase 1 clinical research services to pharmaceutical companies globally. Think's other services include a network of digital-first primary care clinics and medical clinics providing elective surgery.
This press release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking information may be identified by statements including words such as: "anticipate," "intend," "plan," "budget," "believe," "project," "estimate," "expect," "scheduled," "forecast," "strategy," "future," "likely," "may," "to be," "could,", "would," "should," "will" and similar references to future periods or the negative or comparable terminology, as well as terms usually used in the future and the conditional. Statements including forward-looking information may include, without limitation, statements regarding the Company's Revenue and Adjusted EBITDA in 2022, the expected term and value of contracts entered into in fiscal year 2021 and 2022, the funding of the Initial Advance and the availability of Subsequent Advances, the Company's strategies and growth objectives, and statements made in the "Outlook" section of this press release.
Forward-looking information reflects management's current beliefs and is based on assumptions that may prove to be incorrect, including but not limited to the Company's business objectives, results of operations, financial results and trading activity in the Common Shares. The Company considers these assumptions to be reasonable in the circumstances. However, there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. By its nature, forward-looking information involves known and unknown risks, uncertainties, changes in circumstances and other factors that are difficult to predict and many of which are outside of the Company's control which may cause the Company's actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The Company's actual results may differ materially from those indicated in the forward-looking information. Important factors that could cause actual results to differ materially from those indicated in the forward-looking information include, among others, the risk factors described under the heading "Caution Regarding Forward Looking Information" in the Company's Management's Discussion & Analysis for the year ended December 31, 2021, which is available on the Company's profile at www.sedar.com. The Company has assumed that the risk factors referred to above will not cause such forward-looking statements and information to differ materially from actual results or events. The reader is cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking statements.
Other than as specifically required by applicable Canadian law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, whether as a result of new information, future events or results, or otherwise.
This press release contains financial outlook information within the meaning of applicable securities laws. The financial outlook included in this MD&A includes, but is not limited to: the Company's target revenue and Adjusted EBITDA for the fourth quarter of 2022, the expected revenues to be realized from contracts entered into in fiscal year 2021 and 2022, the Company's objective to grow revenue with improving margins and with positive Adjusted EBITDA. The financial outlook set out in this press release is subject to the same assumptions, risk factors, limitations and qualifications set out in these cautionary statements. The financial outlook contained in this press release was approved by management as of the date of the Company's MD&A for the period ended June 30, 2022, and was provided for the purpose of providing an outlook of the Company's activities and results and may not be appropriate for other purposes. Management believes that the financial outlook has been prepared on a reasonable basis, reflecting reasonable assumptions, estimates and judgments; however, actual results of the Company's operations may vary from those described herein. The Company disclaims any intention or obligation to update or revise any financial outlook contained in this press release, whether as a result of new information, future events or results or otherwise, unless required pursuant to applicable Canadian law. Readers are cautioned that the financial outlook contained in this press release should not be used for purposes other than for which it is disclosed herein.
Additional information about the risks and uncertainties of the Company's business and material factors or assumptions on which information contained in forward‐looking statements is based is provided in its disclosure materials, including the Company's MD&A for the year ended December 31, 2021, which is available under the Company's profile on SEDAR at www.sedar.com.
This press release makes reference to certain non-GAAP financial measures and non-GAAP ratios. These measures and ratios are not recognized measures under International Financial Reporting Standards ("IFRS"), do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures and ratios are provided as additional information to complement those IFRS measures by providing further understanding of the Company's results of operations from management's perspective. Non-IFRS measures and ratios have limitations as analytical tools and should not be considered in isolation nor as a substitute for analysis of the Company's financial information reported under IFRS and should be read in conjunction with the consolidated financial statements for the periods indicated. The Company uses non-IFRS financial measures and ratios, including "EBITDA", "Adjusted EBITDA" and "Adjusted EBITDA Margin" to provide investors with supplemental measures of its operating performance and to eliminate items that have less bearing on operating performance or operating conditions and thus highlight trends in its core business that may not otherwise be apparent when relying solely on IFRS financial measures. Specifically, the Company believes that Adjusted EBITDA and Adjusted EBITDA Margin, when viewed with the Company's results under IFRS and the accompanying reconciliations, provides useful information about the Company's business by removing potential distortions that may arise from transactions that are not operational in nature. By eliminating potential differences in results of operations between periods caused by factors such as restructuring, impairment and other charges, the Company believes that Adjusted EBITDA and Adjusted EBITDA Margin can provide a useful additional basis for comparing the current performance of the underlying operations being evaluated. The Company's agreements with lenders include certain financial performance covenants which include EBITDA (as defined in the Company's credit agreement with its senior lender and with Beedie Capital) as a component of the covenant calculations and require the Company to maintain certain levels of EBITDA on a consolidated basis. The Company believes that securities analysts, investors and other interested parties frequently use non-IFRS financial measures and ratios in the evaluation of issuers. The Company's management also uses non-IFRS financial measures and ratios in order to facilitate operating performance comparisons from period to period.
Non-GAAP financial measures and non-GAAP ratios used in this press release include:
"EBITDA" means net income (loss) before amortization and depreciation expenses, finance and interest costs, and provision for income taxes.
"Adjusted EBITDA" adjusts EBITDA for non-cash stock-based compensation expense, gains or losses arising from redemption of securities issued by the Company, asset impairment charges, gains or losses from disposals of property and equipment, foreign exchange gains or losses, impairment charges on property and equipment, business acquisition costs, and restructuring charges.
"Adjusted EBITDA Margin" means Adjusted EBITDA divided by revenue of the Company for the applicable period.
A reconciliation of EBITDA and Adjusted EBITDA to IFRS net income (loss) is presented under "Select Information and Reconciliation of Non-IFRS Measures" in the MD&A and press release below
Notes:
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SOURCE Think Research Corporation | https://www.kxii.com/prnewswire/2022/08/29/think-research-reports-q2-first-half-2022-results-highlighted-by-strong-revenue-growth-continued-cost-synergies/ | 2022-08-29T13:01:05Z |
Psychologist: School shooter didn’t get consistent treatment
FORT LAUDERDALE, Fla. (AP) — A psychologist who treated Florida school shooter Nikolas Cruz when he was 8 years old testified Wednesday that Cruz was a “peculiar child” who had many behavioral and developmental issues but his widowed mother seemed overwhelmed and wasn’t consistent in her discipline or in getting him treatment.
Frederick Kravitz said he began treating Cruz in 2007 on a referral from Cruz’s psychiatrist with Lynda Cruz telling him her adopted son suffered from anxiety and nervousness and had trouble controlling his temper. But she also said he was friendly and got along fine with his peers — claims that a neighbor, preschool teachers and an elementary school special education counselor have testified were not true.
Kravitz said that while he suggested weekly sessions for Cruz, his mother only brought him 15 times over a 13-month span, a decade before he murdered 17 people at Parkland’s Marjory Stoneman Douglas High School on Feb. 14, 2018.
He said that was a major issue — Lynda Cruz would agree that her son needed more consistent treatment and she needed to be more consistent in her discipline of him and his younger half-brother, Zachary, but did not follow through. She was 57, depressed from her husband’s sudden 2003 death and dealing with two “tumultuous” young children, he said.
They would yell, throw tantrums and break furnishings, he said.
“They raised it to an art form,” Kravitz said. “Nikolas was easily set off and Zachary seemed to derive some pleasure from pushing Nikolas’ buttons.”
That would set off their mother, something both boys seemed to enjoy.
“She lost her cool frequently and backed down to the boys frequently, which only made the problems worse,” he said. He said he tried to work with her, but she felt embarrassed by her sons’ behavior and felt people were judging her.
Cruz’s attorneys are in Day 3 of their defense, hoping to persuade his jury to sentence him to life without parole instead of death. Cruz, 23, pleaded guilty in October to 17 counts of first-degree murder and the trial, which began July 18, is only to determine his sentence.
The defense is trying to overcome the prosecution’s case, which featured surveillance video of Cruz, then 19, mowing down students and staff with an AR-15-style semiautomatic rifle as he stalked a three-story building for seven minutes, photos of the aftermath and a jury visit to the building.
For Cruz to receive a death sentence, the jury must be unanimous. If one juror votes for life, that will be his sentence.
The defense has focused on the mental and emotional problems Cruz exhibited from his earliest days. Testimony has shown that his birth mother was a street prostitute who abused cocaine and alcohol and as a toddler he was developmentally delayed, often violent towards other children and teased and bullied for his small stature, unusual appearance and odd behavior. When he was 8, he acted like a 6-year-old, at best, Kravitz said.
“He stood out like a sore thumb,” he said.
He said Cruz had a fear of abandonment because of his father’s death and his adoption and had an active “bad imagination.”
“He was extremely fearful his mother would forget to pick him up (at school) and he would be stuck there,” Kravitz said, even though that never happened.
He said Cruz had some signs of obsessive-compulsive disorder — for example, he always had to have exactly eight chicken nuggets.
He said he asked Cruz what his three wishes would be.
“Pokemon, a dog and more Pokemon,” Kravitz said.
Lynda Cruz died in November 2017, about four months before the shooting.
Under cross-examination, Kravitz conceded that Cruz’s mother did get him further psychiatric and psychological treatment and might have been reluctant to keep her son’s appointments with him because of the $87 per visit copay her insurance required.
Prosecutor Jeff Marcus asked Kravitz is there was anything about Cruz when he was 8 that would have indicated he would eventually commit mass murder. He said no.
“I’ve worked with some other very damaged kids and certainly to the best of my knowledge none of them have ever acted out like this,” Kravitz said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/24/psychologist-school-shooter-didnt-get-consistent-treatment/ | 2022-08-24T18:46:33Z |
FAIRFAX, Va. (AP) — Actor Johnny Depp scoffed at the notion during court testimony Wednesday that his constant quarrels with ex-wife Amber Heard would ever prompt him to hit her, and insisted on cross-examination that her allegations devastated his career.
“Violence isn’t necessary,” Depp said from the stand during his libel lawsuit against Heard, his second day of testimony. “Why would you hit someone to make them agree with you?”
Heard has accused Depp of physically and sexually assaulting her on multiple occasions before and during their brief marriage. The former “Pirates of the Caribbean” star sued after Heard, who is also an actor, made an indirect reference to those accusations in an op-ed piece she wrote for The Washington Post.
Depp addressed Heard’s accusations in detail Wednesday. Heard has said the first time she was assaulted was when Depp slapped her in 2013 after she made fun of a tattoo he had — one that used to say “Winona Forever” when he was dating the actress Winona Ryder that he altered to “Wino Forever” after they broke up.
“It didn’t happen,” he said of the alleged assault. “Why would I take such great offense to someone making fun of a tattoo on my body? That allegation never made any sense to me.”
Later, he addressed an alleged assault on a private plane flight in 2014 from Boston to Los Angeles. Heard has said Depp became blackout intoxicated and assaulted her on the plane ride.
Depp testified he took two oxycodone pills — an opiate to which he admits he was addicted at the time — and locked himself in the plane bathroom and fell asleep to avoid her badgering.
Depp testified he drank only a glass of Champagne as he boarded the plane. But according to evidence introduced at a similar trial in England where Depp sued a British tabloid — a lawsuit he lost — Depp texted his friend, actor Paul Bettany, and referenced drinking half a bottle of whiskey, “a thousand Red Bull vodkas” and two bottles of Champagne before the flight.
Depp also discussed a violent argument in 2015 — shortly after they were married — in Australia that resulted in the tip of his middle finger being cut off. He said Heard was irate that Depp’s lawyers had asked her to sign a post-nuptial agreement.
He said she threw two vodka bottles at him, the second of which exploded where he had placed his hand on a basement bar, severing the finger to the point where bone was exposed.
“I don’t know what a nervous breakdown feels like, but that’s probably the closest I’ve ever been,” he said.
Depp said he began to write on the walls in his own blood to recount lies in which he had caught Heard.
Depp told hospital doctors he had injured himself, and contemporaneous text messages introduced as evidence refer to Depp injuring himself. Depp testified he lied about the cause of the injury to protect her. Heard’s lawyers have said the laws of physics don’t support Depp’s story and they will introduce evidence to prove that.
Depp also gave a graphic description of a final fight as the couple drifted toward divorce, accusing Heard and her friends of pretending that he was assaulting her. Soon after, Heard sought a restraining order and was photographed with marks on her face.
He testified that Heard was on the phone with a friend shouting, “Stop hitting me Johnny!” even though he was standing nowhere near her.
The fight had started as Depp said he’d realized it was time for the couple to split. The argument intensified, he said, as Depp accused her of leaving human fecal matter on his side of the bed in the penthouse they’d shared. He said Heard kept denying it, blaming it on their small dogs, but he was convinced she was lying.
Depp met Heard on the 2011 film “The Rum Diary.” The two married in 2015 and she filed for divorce a year later.
Depp said things began to change in his marriage when he felt that he “was suddenly just wrong about everything” in Heard’s eyes.
Violence would often ensue, sometimes with a slap or a shove from Heard or his wife throwing a television remote control or a glass of wine in his face, Depp said.
“There were times when I would just go and lock myself in the bathroom or a place where she couldn’t get to,” Depp said.
Depp said he used drugs and drank alcohol as a way to cope with Heard’s abuse and said she was also a heavy drinker. Depp said he at one point stopped drinking to try to save the relationship, but Heard refused to abstain.
Depp sued Heard after she wrote a 2018 op-ed piece in The Washington Post in which she referred to herself as a “public figure representing domestic abuse.”
She never mentioned Depp by name, but Depp’s lawyers said it was a clear reference to accusations Heard made in 2016 when she sought a restraining order against him.
Depp said the accusations and the article contributed to an unfairly ruined reputation that made him a Hollywood pariah and cost him his role in the lucrative “Pirates of the Caribbean” movie franchise.
He said he was pulled from the franchise just days after the Post piece ran. On cross-examination, Heard’s lawyer pointed to evidence that Disney made that decision months before the article’s publication.
Heard’s lawyers say the article is accurate and doesn’t defame him. They say Depp’s ruined reputation is due to his own bad behavior.
Depp was cross-examined only briefly at the end of the day Wednesday. Cross-examination will continue Thursday. | https://cw33.com/news/johnny-depp-testifies-heard-attacked-him-he-never-hit-back/ | 2022-04-21T19:39:14Z |
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