text stringlengths 102 99.6k | url stringlengths 31 426 | crawl_date timestamp[us, tz=UTC]date 2022-04-01 00:29:49 2022-09-19 04:34:15 |
|---|---|---|
TOKYO, Sept. 9, 2022 /PRNewswire/ -- KLab Inc., a leader in online mobile games, announced that its head-to-head football simulation game Captain Tsubasa: Dream Team will hold the FC Barcelona Official Campaign starting Friday, September 9th. During the campaign period, new players Tsubasa Ozora, Rivaul, Gordoba Gonzales, and Pedro Fonseca will debut wearing FC Barcelona official kits. See the original press release (https://www.klab.com/en/press/) for more information.
FC BARCELONA OFFICIAL CAMPAIGN Login Bonus
Login every day to the game during the event period to receive great rewards.
FC BARCELONA Selection Transfer
Rivaul, Gordoba Gonzales, and Pedro Fonseca wearing the FC BARCELONA official kit debut as new players in this Transfer.
FC BARCELONA OFFICIAL CAMPAIGN Daily Scenario
Users can complete these limited scenarios once a day during the event period. Clear the scenario to receive points and medals to exchange for amazing items.
FC BARCELONA OFFICIAL CAMPAIGN Event Mission
During the event period, complete the Event Missions to earn great rewards.
FC BARCELONA 2022/2023 Official Kits Added to Dreamball Exchange
The Dreamball Exchange is getting an update with the FC BARCELONA 2022/2023 home, away, GK uniforms. Users can exchange Dreamballs to collect them.
Overview of Captain Tsubasa: Dream Team
Supported OSes: Android™ 4.4+, iOS 10.0+, HarmonyOS 2.0+
Genre: Head-to-head football simulation game
Price: Free-to-play (In-app purchases available)
Supported Regions: Global (Excludes Japan and Mainland China)
Official Website: https://www.tsubasa-dreamteam.com/en
Official Twitter Account: @tsubasaDT_en
Official Facebook Page: https://www.facebook.com/tsubasaDTen
Official YouTube Channel: https://www.youtube.com/channel/UCTgOPO7kIQ35YzB7SBIQoWQ/
Official Discord Channel: https://discord.gg/6tyEs48
Copyright: ©Yoichi Takahashi/SHUEISHA
©Yoichi Takahashi/SHUEISHA/TV TOKYO/ENOKIFILM
© KLabGames
Download here:
App Store: https://itunes.apple.com/app/id1293738123
Google Play: https://play.google.com/store/apps/details?id=com.klab.captain283.global
AppGallery: https://appgallery.huawei.com/#/app/C105375049
View original content to download multimedia:
SOURCE KLab Inc. | https://www.wibw.com/prnewswire/2022/09/09/captain-tsubasa-dream-team-debuts-new-players-including-tsubasa-ozora-rivaul-wearing-official-fc-barcelona-uniforms/ | 2022-09-10T01:12:20Z |
Midwest Had Greatest Increase of Nearly 18 Percent, according to FAIR Health's Monthly Telehealth Regional Tracker
NEW YORK, Aug. 8, 2022 /PRNewswire/ -- In May 2022, for the second straight month, telehealth utilization, as measured by telehealth's share of all medical claim lines, grew nationally and in every US census region (Midwest, Northeast, South, West), according to FAIR Health's Monthly Telehealth Regional Tracker.1 National telehealth utilization increased 10.2 percent, from 4.9 percent of medical claim lines in April to 5.4 percent in May. Regionally, the greatest increase was in the Midwest, where telehealth utilization grew 17.6 percent in May. The data represent the privately insured population, including Medicare Advantage and excluding Medicare Fee-for-Service and Medicaid.
The rise in telehealth utilization in May could have been due to the growth in the number of COVID-19 cases as reported by the Centers for Disease Control and Prevention. The increased risk of infection may have led more patients to avoid in-person care.
Diagnoses
From April to May 2022, COVID-19 climbed in the rankings of the top five telehealth diagnoses nationally and in every region except the Northeast, where it remained at number two. Nationally, COVID-19 rose from third to second place; in the Midwest, from fourth to second place; in the South, from unranked to third place; and in the West, from fifth to second place.
In the South, three diagnoses fell out of the top five telehealth diagnoses from April to May. They were encounter for examination, hypertension and developmental disorders, replaced, respectively, by COVID-19, skin infections and issues, and urinary tract infections.
Specialties
From April to May 2022, in the Midwest, psychiatrist dropped from fourth to fifth place in the list of top five telehealth specialties, switching places with primary care nonphysician.
Procedure Codes
In May 2022, the rankings of the top five telehealth procedure codes did not change nationally or in any region when compared to the prior three months. The number one telehealth procedure code nationally and in every region remained CPT®2 90837, one-hour psychotherapy.
Costs
For May 2022, the Telehealth Cost Corner spotlighted the cost of CPT 97155, adaptive behavior treatment by professional using an established plan, each 15 minutes. Nationally, the median charge amount for this service when rendered via telehealth was $35.16, and the median allowed amount was $23.54.3
About the Monthly Telehealth Regional Tracker
Launched in May 2020 as a free service, the Monthly Telehealth Regional Tracker uses FAIR Health data to track how telehealth is evolving from month to month. An interactive map of the four US census regions allows the user to view an infographic on telehealth in a specific month in the nation as a whole or in individual regions. Each infographic shows month-to-month changes in telehealth's percentage of medical claim lines, as well as that month's top five telehealth procedure codes, diagnoses and specialties. Additionally, in the Telehealth Cost Corner, a specific telehealth procedure code is featured, with its median charge amount and median allowed amount.
FAIR Health President Robin Gelburd stated: "We welcome sharing these varying windows into telehealth utilization as it continues to evolve. This is one of the many ways we pursue our healthcare transparency mission."
For the Monthly Telehealth Regional Tracker, click here.
Follow us on Twitter @FAIRHealth
About FAIR Health
FAIR Health is a national, independent nonprofit organization that qualifies as a public charity under section 501(c)(3) of the federal tax code. It is dedicated to bringing transparency to healthcare costs and health insurance information through data products, consumer resources and health systems research support. FAIR Health possesses the nation's largest collection of private healthcare claims data, which includes over 36 billion claim records and is growing at a rate of over 2 billion claim records a year. FAIR Health licenses its privately billed data and data products—including benchmark modules, data visualizations, custom analytics and market indices—to commercial insurers and self-insurers, employers, providers, hospitals and healthcare systems, government agencies, researchers and others. Certified by the Centers for Medicare & Medicaid Services (CMS) as a national Qualified Entity, FAIR Health also receives data representing the experience of all individuals enrolled in traditional Medicare Parts A, B and D; FAIR Health includes among the private claims data in its database, data on Medicare Advantage enrollees. FAIR Health can produce insightful analytic reports and data products based on combined Medicare and commercial claims data for government, providers, payors and other authorized users. FAIR Health's systems for processing and storing protected health information have earned HITRUST CSF certification and achieved AICPA SOC 2 compliance by meeting the rigorous data security requirements of these standards. As a testament to the reliability and objectivity of FAIR Health data, the data have been incorporated in statutes and regulations around the country and designated as the official, neutral data source for a variety of state health programs, including workers' compensation and personal injury protection (PIP) programs. FAIR Health data serve as an official reference point in support of certain state balance billing laws that protect consumers against bills for surprise out-of-network and emergency services. FAIR Health also uses its database to power a free consumer website available in English and Spanish, which enables consumers to estimate and plan for their healthcare expenditures and offers a rich educational platform on health insurance. An English/Spanish mobile app offers the same educational platform in a concise format and links to the cost estimation tools. The website has been honored by the White House Summit on Smart Disclosure, the Agency for Healthcare Research and Quality (AHRQ), URAC, the eHealthcare Leadership Awards, appPicker, Employee Benefit News and Kiplinger's Personal Finance. FAIR Health also is named a top resource for patients in Dr. Marty Makary's book The Price We Pay: What Broke American Health Care—and How to Fix It and Dr. Elisabeth Rosenthal's book An American Sickness: How Healthcare Became Big Business and How You Can Take It Back. For more information on FAIR Health, visit fairhealth.org.
Contact:
Rachel Kent
Senior Director of Marketing
FAIR Health
646-396-0795
rkent@fairhealth.org
View original content to download multimedia:
SOURCE FAIR Health | https://www.mysuncoast.com/prnewswire/2022/08/08/telehealth-utilization-grew-102-percent-nationally-may-2022/ | 2022-08-08T13:22:09Z |
Newman Regional Health to offer COVID-19 vaccines for children 6 months +
EMPORIA, Kan. (WIBW) - Newman Regional Health will soon start to offer the COVID-19 vaccine for children aged 6 months and older.
On Thursday, June 30, Newman Regional Health says COVID-19 vaccine appointments will be available for those aged 6 months and older starting Friday, July 1.
Newman Regional said the Food and Drug Administration has given emergency use authorization to the Pfizer-BioNTech and Moderna vaccines for children 6 months and older. It said the vaccines will be available by appointment only for Newman Regional Health Medical Partners patients.
The health network also noted that the Johnson & Johnson vaccine is also available for those aged 18 years and older.
Those interested in scheduling a COVID-19 vaccine appointment should call Newman Regional Health at 620-343-2376.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/30/newman-regional-health-offer-covid-19-vaccines-children-6-months/ | 2022-06-30T17:03:18Z |
WASHINGTON, Aug. 11, 2022 /PRNewswire/ -- The National Park Foundation is excited to announce a lead grant for the collective effort to improve the visitor experience at Bering Land Bridge National Preserve, thanks to the generous support of The Leona M. and Harry B. Helmsley Charitable Trust. The more than $4.4 million grant will support renovation of the existing visitor center and outdoor area to create a welcoming and inclusive space to share culturally relevant content through exhibits and digital media in collaboration with Sitnasuak Native Corporation and affiliated tribes. This project will also create new and enhanced in-person and distance learning opportunities and strengthen relationships and engagement with Tribal communities.
"The National Park Foundation is grateful to the Helmsley Charitable Trust for its ongoing commitment to expanding the visitor experience," said National Park Foundation President and CEO Will Shafroth. "The improved visitor center will share stories of the history and culture of Tribal communities of the Bering Straits Region whose knowledge of the land is as profound as the natural forces that shaped it."
The grant builds on the support that the National Park Foundation and the Helmsley Charitable Trust have provided to enhance the visitor experience and expand educational opportunities through visitor center improvements at Badlands National Park and Little Bighorn Battlefield National Monument, representing a philanthropic investment of more than $12 million in all.
"Our national parks provide opportunities for people from around the world as well as right here in Alaska to engage with nature and understand important history, both natural and human," said Walter Panzirer, a Helmsley Trustee. "Helmsley is proud to again support the National Park Foundation to help enhance the visitor experience at what is more than a national park, but a national treasure."
Specific to Bering Land Bridge National Preserve, located on the Seward Peninsula in the Bering Straits Region of northwest Alaska, the grant will fund new exhibits and a park film, enhance tribal engagement, and greatly increase in-person and distance education opportunities.
"Quyanaq, thank you, to the Helmsley Charitable Trust for the generous support for Bering Land Bridge National Preserve and Sitnasuak Native Corporation," said Jeanette Koelsch, Superintendent of Bering Land Bridge National Preserve. "This is a wonderful opportunity for tribes and the National Park Service to co-create the visitor experience."
Bering Land Bridge National Preserve protects a small remnant of the land bridge that connected Asia and North America more than 10,000 years ago during the last Ice Age. The preserve offers unparalleled opportunities to experience vast arctic and coastal ecosystems, that are the homeland of the Inupiat.
The National Park Foundation works to protect wildlife and park lands, preserve history and culture, educate, and engage youth, and connect people everywhere to the wonder of parks. We do it in collaboration with the National Park Service, the park partner community, and with the generous support of donors, without whom our work would not be possible. Learn more at nationalparks.org.
The Leona M. and Harry B. Helmsley Charitable Trust aspires to improve lives by supporting exceptional efforts in the U.S. and around the world in health and select place-based initiatives. Since beginning active grantmaking in 2008, Helmsley has committed more than $3 billion for a wide range of charitable purposes. Learn more at helmsleytrust.org.
View original content:
SOURCE National Park Foundation | https://www.mysuncoast.com/prnewswire/2022/08/11/national-park-foundation-helmsley-charitable-trust-continue-enhance-visitor-experience-parks-focusing-now-bering-land-bridge-national-preserve-alaska/ | 2022-08-11T18:54:06Z |
Possible change in campaign strategy key to the GOP securing election victories in November?
Political expert says there is more of an emphasis on “cultural wedge issues” than on policy debate.
WASHINGTON (Gray DC) - In late July, the Gray Washington News Bureau spoke with former Michigan GOP gubernatorial candidate Garrett Soldano at a campaign stop in Marysville, Michigan.
It was just days before the state’s primary election.
“This all started with a Facebook video two years and four months ago,” said Soldano. “The power of one can lead to the power of many.”
The chiropractor campaigned against issues like abortion rights and the teaching of Critical Race Theory. He was among a group of five candidates who were running for office for the first time.
While Soldano ultimately lost to one of his opponents, his style of campaigning is something political analysts say may illustrate a trend in the Republican Party.
“We see now I think an emphasis from within the Republican Party on winning elections by stimulating turnout emphasizing what we call wedge issues, cultural wedge issues rather than specific policies they want to contrast with Democratic candidates,” said Professor Michael Traugott.
Traugott is a professor at the Center of Political Studies at the University of Michigan. He says it’s a strategy to motivate the older Republican base.
“There is an activation by the Republican Party about this kind of nervousness, anxiety which is about their place in society not really about education or jobs in particular,” said Traugott.
At the national level, Republicans say they can compete on all fronts. This extends from the culture wars to traditional pocketbook issues.
“Poll after poll shows that the number one issue for the American people across all demographic groups is the economy,” says Republican National Committee Spokesman Paris Dennard.
Dennard says issues like inflation are an opportunity for the GOP to win big in November.
“We have a tremendous opportunity as Republicans to take back this Congress,” said Dennard. “Take back the Senate.”
All 435 seats are up for election in the House. As of August, Democrats currently hold a 220-211 advantage with four vacant seats. The Senate is currently evenly split, with Vice President Kamala Harris casting the tie-breaking vote.
Copyright 2022 Gray DC. All rights reserved. | https://www.kxii.com/2022/08/22/possible-change-campaign-strategy-key-gop-securing-election-victories-november/ | 2022-08-22T16:08:31Z |
Body found in car confirmed to be missing teen’s
IDAHO FALLS, Idaho (KIFI)- The family of Matthew Jedediah "Jed" Hall has confirmed the remains found in his car Sunday are those of Jed.
Hall's car, a 2009 gray Nissan Versa hatchback, was found Sunday, four years after the 16-year-old went missing.
Adventures with Purpose, along with the Idaho Falls Police Department and the Bonneville County Sheriff's Office found the car in the Snake River just south of Johns Hole Boat Ramp, in the area where his cell phone last pinged.
The Idaho Falls Police Department and the Bonneville County Sheriff's Office sent out the following press release regarding the search and recovery.
Over the past four years the Idaho Falls Police Department has investigated many possibilities and tips regarding this case, including that Jed may have still been alive or deceased in another location. Investigators have traveled to other states following tips and reported possible sightings, searched remote areas of the region, and participated in numerous local and national media outreach efforts attempting to garner additional information.
IFPD investigators also recognized early on that it was possible that Jed and his vehicle may have entered the Snake River. At least three searches were conducted specifically for this case utilizing local law enforcement resources from the Bonneville County Sheriff’s Office Dive Team. The team’s sonar and underwater search equipment were utilized along with resources from partner agencies and entities to search the area around the forebay and upstream in the sections of river that fell within the “ping” data. Unfortunately, no sign of Jed or his vehicle was located.
Bonneville County Sheriff Sam Hulse appreciates the excellent work by Adventures with Purpose to bring closure to this case. BCSO continually evaluates operations to make improvements and will evaluate the search operations tied to this case. The Sheriff’s Office regrets that Jed or the vehicle were not located in previous efforts. On behalf of the Sheriff’s Office, we offer our empathy to the Hall family during this difficult time.
The Idaho Falls Police Department values our partnership with the Bonneville County Sheriff’s Office and appreciates their willingness to offer their resources to assist with investigations and public safety incidents in the city limits.
In the last part of April, Adventures with Purpose and Profiling Evil, reached out to the Idaho Falls Police Department regarding the search for Jed Hall after learning about the case from their viewers, previous media stories, and IFPD releases regarding Jed’s disappearance. IFPD
investigators met the Adventures with Purpose team and Amy and Allan Hall at the Snake River Boat Launch near the 1400 block of River Parkway on the morning of May 1, 2022.
Within a short time of initiating their search, Adventures with a Purpose located what was ultimately determined to be the Nissan Versa approximately 75 yards downstream from the boat ramp, 50 feet from the shore, in an area where the water is approximately 8 feet deep. A local towing company responded and assisted with the recovery of the vehicle which was taken to a secure location for processing.
The Bonneville County Coroner’s Office, local experts, and the National Center for Missing and Exploited Children assisted with the expeditious positive identification of the remains.
The Idaho Falls Police Department would like to offer our gratitude to the team from Adventures with Purpose for applying their expertise and resources to the search for Jed. The service they provide across the country to bring closure to cases and find answers for loved ones is admirable, and we appreciate the spirit of partnership and compassion they employed when approaching this search.
“In any missing person case, our sincere hope is to find the person alive and well,” said Bryce Johnson, Chief of the Idaho Falls Police Department. “While this is not the outcome we had hoped for we appreciate all those who have assisted in this investigation and the effort to provide answers to Jed’s family and loved ones. Our hearts are with the Hall family and all those who knew and loved Jed at this time.”
The Idaho Suicide Prevention Hotline can be reached by calling (800)273-8255 or texting (208)398-4357. The Nationwide Suicide Prevention Hotline can be reached by calling 800-273-8255. | https://localnews8.com/news/idaho-falls/2022/05/05/body-found-in-car-confirmed-to-be-missing-teens/ | 2022-05-05T21:19:40Z |
CHICAGO, July 26, 2022 /PRNewswire/ -- AACC 2022 Open Lab Solutions, Inc., is announcing the formation of a new division, AMCAR Scientific, that will focus on an expanding product line of plastic consumables used in the medical industry. OLS is exhibiting within booth #3257 at the 74th American Association for Clinical Chemistry Annual Scientific Meeting and Clinical Laboratory Exposition (AACC 2022) at the McCormick Place Convention Center in Chicago, July 24 – 28th.
This division will be based in the United States and will manufacture medical plastic consumables that are used in the daily operations by healthcare providers such as clinics, diagnostic laboratories, doctors' offices, hospitals, and research hospitals.
"Over the past two years we have seen the impact of offshoring the manufacturing of items used every day in our own Laboratories," said Dennis Loudermilk, the CEO of Open Lab Solutions. "It has been challenging to maintain adequate stock of every-day items we use like pipette tips, plates, and reservoirs, which are all manufactured overseas. Frequent shortages cause strain on our own internal inventory. Without these types of consumables, we cannot make our products and without our products our customers cannot perform the testing that patients need. The past two years have shown that a local source for these goods is needed."
AMCAR Scientific, will initially focus on producing various styles of pipette tips; multiple plates, reservoirs, and trough configurations: and the required storage solutions from polypropylene and polystyrene materials. All of the raw materials and other goods required for manufacturing of these products will be sourced from US based suppliers, and as part of OLS' long term "Medical Consumables Made in America" strategy. AMCAR Scientific's manufacturing facilities will be located within the continental United States to allow for faster services and delivery of supplies and consumables to the healthcare industry.
OLS plans for AMCAR Scientific to begin shipping product by the end of the 3rd quarter of 2023. Longer term plans in development will result in the creation and support of more than 1,000 employees devoted to scientific research, development, and manufacturing.
A site selection process was started earlier this year to determine a suitable location that will provide the best environment for its current and future needs. Three primary candidates have been selected and are undergoing additional evaluation. These sites are located in Allen, Texas; Phoenix, Arizona; and Tulsa, Oklahoma. OLS plans to complete the site evaluations in the next 45 days and announce the final site selection at that time.
Open Lab Solutions, Inc. is a Tulsa, Oklahoma based biotech manufacturer of molecular testing kits with divisions engaged in healthcare software development, medical supply distribution, and managed laboratory services.
Contact Information:
Open Lab Solutions, Inc.
7780 E 106th St.,
Suite 202
Tulsa, OK 74133
Sales Inquiries
Sales@OpenLabSolutions.com
Press Inquiries
Media@OpenLabSolutions.com
Investor Relations
Investors@OpenLabSolutions.com
Jason Macer
918-602.1100 Ext. 810
OpenLabSolutions.com
View original content:
SOURCE Open Lab Solutions, Inc. | https://www.kxii.com/prnewswire/2022/07/26/open-lab-solutions-announces-new-manufacturing-division-initially-focus-medical-plastics/ | 2022-07-26T21:25:16Z |
Reverse Termination Fee of $250 Million Offers Greater Stockholder Protections
DENVER and MIRAMAR, Fla., June 2, 2022 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) and Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., today announced an amendment to their previously announced merger agreement dated February 5, 2022.
Under the terms of the amended merger agreement, which has been unanimously approved by the boards of directors of both companies, Frontier would pay a reverse termination fee of $250 million, or $2.23 per share, to Spirit in the unlikely event the combination is not consummated for antitrust reasons.
William A. Franke, the Chair of Frontier's Board of Directors and the managing partner of Indigo Partners, Frontier's majority shareholder, said, "We continue to believe in the strategic rationale of a combined Spirit and Frontier, which brings together two complementary businesses to create America's most competitive ultra-low fare airline. Given our conviction that regulators will find this combination to be pro-competitive, we have agreed to institute a reverse termination fee. We look forward to bringing these two companies together and delivering on the benefits for all stakeholders."
Ted Christie, President and CEO of Spirit, said, "Since announcing our transaction with Frontier, we have had extensive constructive conversations with our stockholders, who have expressed support for the strategic rationale of our combination but a desire for additional stockholder protections. After discussing this feedback with the Frontier Board and management team, we have agreed to amend the merger agreement. We look forward to closing the transaction and bringing more ultra-low fares to more people in more places."
"We continue to be excited about the combination with Spirit, which will create a true nationwide ultra-low fare airline to compete against the dominant 'Big Four' carriers and other high-cost airlines," said Barry Biffle, President and CEO of Frontier. "We will continue to work closely with the Spirit team to successfully complete the transaction and deliver enhanced value to all of our stakeholders."
"The combination of a higher reverse termination fee and a much greater likelihood to close in a Frontier merger provides substantially more regulatory protection for Spirit stockholders than the transaction proposed by JetBlue," said Mac Gardner, Chairman of the Board of Spirit. "We look forward to closing the transaction with Frontier and giving Spirit stockholders the opportunity to benefit from pandemic recovery and share in approximately $500 million in annual net synergies."
Your Vote Is Important
The Spirit Board of Directors strongly recommends you vote "FOR" the merger on the WHITE proxy card today. For more information on how to vote for the merger, please call the Company's proxy solicitor, Okapi Partners, on their toll-free number 855-208-8903 or email info@okapipartners.com.
Advisors
Citigroup Global Markets Inc. is serving as financial advisor and Latham & Watkins, LLP is serving as legal advisor to Frontier. Barclays and Morgan Stanley & Co. LLC are serving as financial advisors to Spirit, and Debevoise & Plimpton LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP are serving as legal advisors.
No Offer or Solicitation
This communication is for informational purposes only and is not intended to and does not constitute an offer to sell, or the solicitation of an offer to subscribe for or buy, or a solicitation of any vote or approval in any jurisdiction, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, sale or solicitation would be unlawful, prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.
Important Additional Information Will be Filed with the SEC
Frontier has filed with the Securities and Exchange Commission ("SEC") a Registration Statement on Form S-4 in connection with the proposed transaction, including a definitive Information Statement/Prospectus of Frontier and a definitive Proxy Statement of Spirit. The Form S-4 was declared effective on May 11, 2022 and the prospectus/proxy statement was first mailed to Spirit stockholders on May 11, 2022. Frontier and Spirit also plan to file other relevant documents with the SEC regarding the proposed transaction. INVESTORS AND STOCKHOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT/ INFORMATION STATEMENT/ PROSPECTUS/ PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS TO BE FILED BY FRONTIER OR SPIRIT WITH THE SEC IN THEIR ENTIRETY CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT FRONTIER, SPIRIT, THE PROPOSED TRANSACTIONS AND RELATED MATTERS. Investors and stockholders are able to obtain free copies of the Registration Statement and the definitive Information Statement/Proxy Statement/Prospectus and other documents filed with the SEC by Frontier and Spirit through the website maintained by the SEC at www.sec.gov. In addition, investors and stockholders will be able to obtain free copies of the information statement and the proxy statement and other documents filed with the SEC by Frontier and Spirit on Frontier's Investor Relations website at https://ir.flyfrontier.com and on Spirit's Investor Relations website at https://ir.spirit.com.
Participants in the Solicitation
Frontier and Spirit, and certain of their respective directors and executive officers, may be deemed to be participants in the solicitation of proxies in respect of the proposed transactions contemplated by the Merger Agreement. Information regarding Frontier's directors and executive officers is contained in Frontier's definitive proxy statement, which was filed with the SEC on April 13, 2022. Information regarding Spirit's directors and executive officers is contained in Spirit's definitive proxy statement, which was filed with the SEC on March 30, 2022.
Additional Information About the JetBlue Tender Offer
Spirit has filed a solicitation/recommendation statement with respect to the tender offer with the Securities and Exchange Commission ("SEC"). INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE SOLICITATION/RECOMMENDATION STATEMENT WITH RESPECT TO THE TENDER OFFER AND OTHER RELEVANT DOCUMENTS THAT ARE FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TENDER OFFER. You will be able to obtain free copies of the solicitation/recommendation statement with respect to the tender offer and other documents filed with the SEC by Spirit through the website maintained by the SEC at www.sec.gov. In addition, investors and stockholders will be able to obtain free copies of the documents filed with the SEC by Spirit on Spirit's Investor Relations website at https://ir.spirit.com.
Cautionary Statement Regarding Forward-Looking Information
Certain statements in this communication, including statements concerning Frontier, Spirit, JetBlue, the proposed transactions and other matters, should be considered forward-looking within the meaning of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on Frontier's, Spirit's and JetBlue's current expectations and beliefs with respect to certain current and future events and anticipated financial and operating performance. Such forward-looking statements are and will be subject to many risks and uncertainties relating to Frontier's, Spirit's and JetBlue's operations and business environment that may cause actual results to differ materially from any future results expressed or implied in such forward looking statements. Words such as "expects," "will," "plans," "intends," "anticipates," "indicates," "remains," "believes," "estimates," "forecast," "guidance," "outlook," "goals," "targets" and other similar expressions are intended to identify forward-looking statements. Additionally, forward-looking statements include statements that do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed, or assured. All forward-looking statements in this communication are based upon information available to Frontier and Spirit on the date of this communication. Frontier and Spirit undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances, or otherwise, except as required by applicable law.
Actual results could differ materially from these forward-looking statements due to numerous factors including, without limitation, the following: the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement; failure to obtain applicable regulatory or Spirit stockholder approval in a timely manner or otherwise; failure to satisfy other closing conditions to the proposed transactions; failure of the parties to consummate the transaction; risks that the new businesses will not be integrated successfully or that the combined companies will not realize estimated cost savings, value of certain tax assets, synergies and growth, or that such benefits may take longer to realize than expected; failure to realize anticipated benefits of the combined operations; risks relating to unanticipated costs of integration; demand for the combined company's services; the growth, change and competitive landscape of the markets in which the combined company participates; expected seasonality trends; diversion of managements' attention from ongoing business operations and opportunities; potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the transaction; risks related to investor and rating agency perceptions of each of the parties and their respective business, operations, financial condition and the industry in which they operate; risks related to the potential impact of general economic, political and market factors on the companies or the proposed transaction; that Frontier's cash and cash equivalents balances, together with the availability under certain credit facilities made available to Frontier and certain of its subsidiaries under its existing credit agreements, will be sufficient to fund Frontier's operations including capital expenditures over the next 12 months; Frontier's expectation that based on the information presently known to management, the potential liability related to Frontier's current litigation will not have a material adverse effect on its financial condition, cash flows or results of operations; that the COVID-19 pandemic will continue to impact the businesses of the companies; ongoing and increase in costs related to IT network security; the outcome of any discussions between JetBlue and Spirit with respect to a possible transaction, including the possibility that the parties will not agree to pursue a business combination transaction or that the terms of any such transaction will be materially different from those described herein; the conditions to the completion of the possible transaction, including the receipt of any required stockholder and regulatory approvals and, in particular, the companies' expectation as to the likelihood of receipt of antitrust approvals; JetBlue's ability to finance the possible transaction and the indebtedness JetBlue expects to incur in connection with the possible transaction; the possibility that JetBlue may be unable to achieve expected synergies and operating efficiencies within the expected timeframes or at all and to successfully integrate Spirit's operations with those of JetBlue, and the possibility that such integration may be more difficult, time-consuming or costly than expected or that operating costs and business disruption (including, without limitation, disruptions in relationships with employees, customers or suppliers) may be greater than expected in connection with the possible transaction; and other risks and uncertainties set forth from time to time under the sections captioned "Risk Factors" in Frontier's, Spirit's and JetBlue's reports and other documents filed with the SEC from time to time, including their Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q.
About Frontier Airlines
Frontier Airlines (NASDAQ: ULCC) is committed to "Low Fares Done Right." Headquartered in Denver, Colorado, the company operates more than 110 A320 family aircraft and has the largest A320neo fleet in the U.S. The use of these aircraft, Frontier's seating configuration, weight-saving tactics and baggage process have all contributed to the airline's average of 43 percent fuel savings compared to other U.S. airlines (fuel savings is based on Frontier Airlines' 2019 fuel consumption per seat-mile compared to the weighted average of major U.S. airlines), which makes Frontier the most fuel-efficient U.S. airline. With over 230 new Airbus planes on order, Frontier will continue to grow to deliver on the mission of providing affordable travel across America.
About Spirit Airlines
Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky. We are the leader in providing customizable travel options starting with an unbundled fare. This allows our Guests to pay only for the options they choose — like bags, seat assignments and refreshments — something we call Á La Smarte. We make it possible for our Guests to venture further and discover more than ever before. Our Fit Fleet® is one of the youngest and most fuel-efficient in the U.S. We serve destinations throughout the U.S., Latin America and the Caribbean, and are dedicated to giving back and improving those communities. Come save with us at spirit.com.
View original content to download multimedia:
SOURCE Spirit Airlines, Inc. | https://www.wibw.com/prnewswire/2022/06/02/frontier-airlines-spirit-airlines-announce-amended-merger-agreement/ | 2022-06-03T00:00:04Z |
Winter Weather Advisory issued April 5 at 3:11AM MDT until April 5 at 12:00PM MDT by NWS Riverton WY
* WHAT…Snow. Additional snow accumulations of 2 to 4 inches.
Winds gusting as high as 40 mph at pass level with higher gusts
on the peaks.
* WHERE…Salt River and Wyoming Ranges and Teton and Gros
Ventre Mountains.
* WHEN…Until noon MDT today.
* IMPACTS…Travel will be very difficult. Plan on very slippery
road conditions. Blowing snow will sharply restrict
visibilities.
Slow down and use caution while traveling.
The latest road conditions for the state you are calling from can
be obtained by calling 5 1 1. | https://localnews8.com/weather/alerts-weather/2022/04/05/winter-weather-advisory-issued-april-5-at-311am-mdt-until-april-5-at-1200pm-mdt-by-nws-riverton-wy/ | 2022-04-05T10:45:51Z |
NEW YORK, May 19, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings ("Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings" or the "Company") (NYSE: BKKT) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Bakkt securities between March 31, 2021 and November 19, 2021, both dates inclusive; and/or (b) Bakkt Class A common stock pursuant and/or traceable to documents issued in connection with the business combination between the Company and Bakkt Holdings, LLC completed on or about October 15, 2021. Follow the link below to get more information and be contacted by a member of our team:
BKKT 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) the Company had defective financial controls; (ii) as a result, there were errors in the Company's financial statements related to the misclassification of certain shares issued prior to the business combination between the Company and Bakkt Holdings, LLC; (iii) accordingly, the Company would need to restate certain of its financial statements; (iv) the Company downplayed the true scope and severity of these issues; (v) the Company overstated its remediation of its defective financial controls; and (vi) as a result, the documents issued in connection with the business combination and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
WHAT'S NEXT? If you suffered a loss in Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings during the relevant time frame, you have until June 20, 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
View original content to download multimedia:
SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/05/19/bkkt-lawsuit-alert-levi-amp-korsinsky-notifies-bakkt-holdings-inc-fka-vpc-impact-acquisition-holdings-investors-class-action-lawsuit-upcoming-deadline/ | 2022-05-19T18:41:28Z |
Warmer temps, with a few showers and thunderstorms for Wednesday
We're still under the influence of low pressure over California and Nevada. We see a southwest flow, with warmer daytime highs for Wednesday. We'll still see a few showers and thunderstorms for Wednesday. Another storm from the northwest rolls in for Thursday and Friday.
OVERNIGHT: Partly cloudy with a low into the upper 20's and lower 30's. A slight chance of snow in our local mountains.
WEDNESDAY: Mostly sunny for the Snake River Plain, with some thunderstorms and scattered snow in our local mountains. Highs into the lower to mid 60's with winds at 10-20 MPH.
THURSDAY: Partly cloudy with highs into the mid to upper 50's, with gusty winds and a slight chance of rain and thunderstorms.
FRIDAY: Partly to mostly cloudy with a chance of showers before noon. A high into the mid 50's with gusty winds.
SATURDAY: Partly cloudy with a high into the mid 60's. | https://localnews8.com/weather/local-forecast/2022/05/10/warmer-temps-with-a-few-showers-and-thunderstorms-for-wednesday/ | 2022-05-11T05:29:04Z |
- Consolidated revenues increased 191 percent to $92.4 million driven by a nearly four-fold increase in Ingredients segment revenues.
- Dynamic market conditions further support the expected growth of the proprietary soy ingredients portfolio.
- Cash and marketable securities on hand were in line with the Company's plan to fund the business into 2024.
- Management maintains its full-year 2022 guidance.
ST. LOUIS, May 16, 2022 /PRNewswire/ -- Benson Hill, Inc. (NYSE: BHIL, the "Company" or "Benson Hill"), a food tech company unlocking the natural genetic diversity of plants, today announced operating and financial results for the quarter ended March 31, 2022.
"We continued the momentum of last year with a solid first quarter, meeting or exceeding our revenue and margin expectations, due to continued strong performance by our team. The financial results reinforce our confidence in our full-year guidance," said Matt Crisp, Chief Executive Officer of Benson Hill. "Meeting the needs of our customers is paramount during a time of historic macro-economic and geopolitical forces impacting global food security and affordability. The urgency to evolve the food system is intensifying, and we believe our innovations play a key role in delivering more sustainable and affordable food choices to consumers."
First Quarter Results Compared to The Same Period of 2021
The impact of the mark-to-market timing differences on the profit and loss statement and reconciliation of non-GAAP financial measures can be found on pages 5 and 9, respectively.
- Revenues were $92.4 million, an increase of $60.6 million, or 191 percent led by robust growth in both the Ingredients and Fresh segments.
- Gross loss was $5.2 million, a decline in profitability of $5.8 million, which includes the net loss of $13.2 million from mark-to-market adjustments related to soybean and soybean product hedge contracts for purchases and sales. The impact in the first quarter resulted in a net realized loss of $5.0 million offsetting higher realized prices in the quarter. The remaining unrealized $8.2 million represents mark-to-market timing differences for expected future sales and purchases. When considering the effect of the timing of the mark-to-market adjustments, gross profit was $3.0 million.
- Operating expenses were $35.4 million, an increase of $14.6 million, which included higher costs to operate as a public company as well as $6.4 million for non-cash stock compensation and non-recurring costs including the recent PIPE transaction.
- Inclusive of the mark-to-market timing differences, the reported net loss was $16.6 million compared to a net loss of $22.3 million. Adjusted EBITDA was a loss of $28.8 million compared to a loss of $14.8 million.
- Cash and marketable securities on hand were $209.9 million as of March 31, 2022, which included gross proceeds of $85 million from the PIPE raise completed on March 25, 2022.
Ingredients Segment
- Revenues for the segment were $66.1 million, an increase of $51.9 million, or 365 percent. Proprietary soy revenues were $14 million, an increase of 161%, due to increased availability of ingredients, meal, and oil products.
- Gross loss was $8.9 million, which includes the loss related to timing differences in the settlement of soybean future contracts and expected future sales. Excluding the economic hedge timing differences, performance in the quarter was in line with expectations driven by an increase in soy volume resulting from the acquisition of the Creston, Iowa and Seymour, IND., crush facilities in the prior year, growth in the proprietary soy portfolio, and an increase in market prices.
- Inclusive of the mark-to-market timing differences, adjusted EBITDA for the segment was a loss of $14.8 million, an increase in loss of $8.0 million.
Fresh Segment
- Revenues for the segment were $26.3 million, an increase of $8.8 million, or 50 percent. The current inflationary environment for food and supply chain constraints contributed to better-than-expected pricing along with expected volume increases from the planned fresh produce production expansion.
- Gross profit was $3.7 million driven by higher volume and prices for fresh produce.
- Adjusted EBITDA was $2.2 million, which was an increase in segment profitability of $2.6 million.
Management Maintains 2022 Outlook
Management reaffirms the outlook for 2022, with consolidated revenues expected to be $315 million to $350 million, which includes Ingredients segment revenues of $250 million to $275 million and Fresh segment revenues of $65 million to $75 million. The drivers of the expected Ingredient segment revenues include proprietary soy ingredient portfolio revenues of $70 million to $80 million and legacy activity at the Creston facility between $90 million to $100 million.
Consolidated gross profit is expected to be in the range of $9 million to $13 million with gross margin improvement over 2021 as a result of expected sales of a broader soy portfolio and a reduction of high-cost third-party tolling expense. The Company expects high-single digit gross margins for the Fresh segment.
The Company expects a net loss of $148 million to $153 million and adjusted EBITDA to be a loss of $80 million to $85 million, which is a slightly greater loss than in 2021.
Finally, the Company expects use of cash to moderate in 2022 due to higher gross margins, lower Capex requirements, and cost management efforts.
Webcast
A webcast of the earnings conference call will begin at 8:30 a.m. ET today. The link to participate is available on the Investor Relations page of the Company's website.
About Benson Hill
Benson Hill moves food forward with the CropOS® platform, a cutting-edge food innovation engine that combines data science and machine learning with biology and genetics. Benson Hill empowers innovators to unlock nature's genetic diversity from plant to plate, with the purpose of creating nutritious, great-tasting food and ingredient options that are both widely accessible and sustainable. More information can be found at bensonhill.com or on Twitter at @bensonhillinc.
Use of Non-GAAP Financial Measures
In this press release, the Company includes non-GAAP performance measures. The Company uses these non-GAAP financial measures to facilitate management's financial and operational decision-making, including evaluation of the Company's historical operating results. The Company's management believes these non-GAAP measures are useful in evaluating the Company's operating performance and are similar measures reported by publicly listed U.S. competitors, and regularly used by securities analysts, institutional investors, and other interested parties in analyzing operating performance and prospects. These non-GAAP financial measures reflect an additional way of viewing aspects of the Company's operations that, when viewed with GAAP results and the reconciliations to corresponding GAAP financial measures, may provide a more complete understanding of factors and trends affecting the Company's business. By providing these non-GAAP measures, the Company's management intends to provide investors with a meaningful, consistent comparison of the Company's performance for the periods presented. These non-GAAP financial measures should be considered supplemental to, and not a substitute for, financial information prepared in accordance with GAAP. The Company's definition of these non-GAAP measures may differ from similarly titled measures of performance used by other companies in other industries or within the same industry.
Because non-GAAP financial measures exclude the effect of items that will increase or decrease the Company's reported results of operations, management strongly encourages investors to review the Company's consolidated financial statements and publicly filed reports in their entirety. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures and the Company's definition of these non-GAAP measures is included in the tables accompanying this release.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or the Company's future financial or operating performance. These forward-looking statements include, among other things, statements regarding: the Company's currently expected guidance regarding its full-year 2022 consolidated revenues, revenues for its proprietary soy portfolio, revenues from legacy activity at the Creston facility, segment revenues, gross profit, gross margins, net loss, Adjusted EBITDA, and cash usage; the anticipated benefits of the Company's March 2022 PIPE transaction and the capital raised thereby; financial or other information based upon or otherwise incorporating judgments or estimates relating to future performance, events or expectations; expectations regarding the Company's hedging and other risk management strategies, including expectations about future sales and purchases that relate to the Company's mark-to-market adjustments; the Company's strategies and plans for growth; the Company's, positioning, resources, capabilities, and expectations for future performance; estimates and forecasts of financial and other performance metrics; projections of market opportunity; the Company's outlook and financial and other guidance; and management's strategy and plans for growth. In some cases, the reader can identify forward-looking statements by words such as "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," or similar words. Such forward-looking statements are based upon assumptions made by Benson Hill 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. 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 recent business combinations, which may be affected by, among other things, competition, the ability of the combined company to grow and achieve growth profitably, maintain relationships with customers and suppliers, and retain its management and key employees; the ability to deploy capital, including capital raised in the PIPE transaction, in a manner that furthers Benson Hill's growth strategy, as well as the general ability to execute the Company's business plans; industry conditions, including fluctuations in supply, demand and prices for agricultural commodities; the effects of weather conditions and the outbreak of crop disease on our business; global and regional economic, agricultural, financial and commodities market, political, social and health conditions; the effectiveness of our risk management strategies; the transition to becoming a public company; and other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company's filings with the Securities and Exchange Commission ("SEC"), which are available on the SEC's website at www.sec.gov. Forward-looking statements are also subject to the risks and other issues described above under "Use of Non-GAAP Financial Measures," which could cause actual results to differ materially from current expectations included in the Company's forward-looking statements included in this press release. 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 our operational and financial performance or achievements through and including 2024. 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.
Contacts
Investors: Ruben Mella: (314) 714-6313 / rmella@bensonhill.com
Media: Melanie Bernds: (314) 605-6363 / mbernds@bensonhill.com
Benson Hill, Inc.
Material Items Included in Consolidated Revenues and Cost of Sales
(In Thousands)
Currently, the Company does not seek cash flow hedge accounting treatment for its derivative financial instruments and thus changes in fair value are reflected in current earnings.
Mark-to-market timing difference comprises the estimated net temporary impact resulting from unrealized period-end gains/losses associated with the fair valuation of futures contracts associated with our committed future operating capacity. The impact of these mark-to-market timing differences, which is expected to reverse over time due to the related futures contracts being part of an economically hedged position, is not representative of the operating performance of the Company.
The Company acquired sales and purchase contracts in the acquisition of the Company's Creston, Iowa location which were recorded at fair value in purchase accounting and are being amortized to revenues and cost of sales as the physical contracts are settled. These contracts are not accounted for as derivatives and therefore are not marked to market.
The tables below show the amounts of pre-tax gains and losses related to the Company's derivatives and contract assets and liabilities:
- The $8.2 million impact to gross profit represents the net temporary unrealized period-end loss. The impact on revenues and cost of sales was $5.0 million and $3.2 million, respectively. Management expects the loss to reverse primarily in the second and third quarters of 2022.
- The amortization of acquired sales and purchase contracts was $0.6 million in the quarter.
- See adjusted EBITDA reconciliation on page 9.
Benson Hill, Inc.
Supplemental Schedules - Segment Information and Non-GAAP Reconciliation
(Dollar Amounts in Thousands)
The Company defines and calculates adjusted EBITDA as consolidated net loss before net interest expense, income tax provision, and depreciation and amortization, further adjusted to exclude stock-based compensation, and the impact of significant non-recurring items.
Adjustments to reconcile consolidated net loss to Adjusted EBITDA:
Adjustments to reconcile consolidated net loss to Adjusted EBITDA:
Benson Hill, Inc.
Supplemental Schedules – 2022 Non-GAAP Reconciliation
(Dollar Amounts in Thousands)
Adjustments to reconcile estimated 2022 consolidated net loss to estimated Adjusted EBITDA:
View original content to download multimedia:
SOURCE Benson Hill | https://www.wibw.com/prnewswire/2022/05/16/benson-hill-announces-first-quarter-2022-financial-results/ | 2022-05-16T11:37:38Z |
Breakthrough device promises significantly improved patient recovery after colorectal surgery.
TAMPA, Fla., April 1, 2022 /PRNewswire/ -- Under the direction of site Principal Investigator Dr. Jorge Marcet, professor in the Department of Surgery and director of Colon and Rectal Surgery at the USF Health Morsani College of Medicine and colon and rectal surgeon at Tampa General Hospital, the first-ever Colovac™ procedure in the U.S. was successfully performed on the study's first enrolled patient.
Colovac is intended as an alternative to temporary diverting ostomy for patients undergoing colorectal resection. Up to 20 U.S. and European sites will enroll patients in the study. A groundbreaking endoluminal bypass sheath, Colovac was developed by SafeHeal™, a leading innovator in the field of digestive surgery.
Currently, patients undergoing a colorectal resection receive an ostomy to create an opening from inside the body to the outside, providing a new way for waste to leave the body into a pouch worn by the patient.
"We are excited to be the first investigative site in the U. S. to enroll patients in SafeHeal's clinical trial of the Colovac device," Marcet said. "Treatment of rectal cancer most often involves radiation and chemotherapy followed by surgical removal of the rectum. Because the risk of non-healing of the bowel anastomosis is high, and the consequences could be dire, the surgeon temporarily diverts the stool from the anastomosis by creating an ostomy. The patient keeps the ostomy for about 2-6 months, and the eventual reversal of the ostomy requires another operation, hospitalization, and recovery period. The aim of the SafeHeal study is to see if these patients can safely avoid an ostomy and avoid additional operations. Our initial experience with this device is positive and we are excited to be able to offer this cutting-edge technology to our patients as part of the study."
The highest-ranked hospital in the market in U.S. News & World Report's 2021-22 Best Hospitals, and one of the top four hospitals in Florida, Tampa General is one of the top-rated hospitals in Florida for gastroenterology and gastrointestinal surgery. The academic medical center is #26 in the country and #1 in Florida. "We are intently focused on providing the safest and most innovative care for patients with colorectal cancer, which is why we are always eager to participate in clinical trials," Marcet noted.
An anastomosis is a surgical connection between two structures. When part of an intestine is surgically removed, the two remaining ends are sewn or stapled together (anastomosed). The procedure is known as an intestinal anastomosis.
The SAFE-2 randomized controlled IDE study will assess the safety and efficacy of the Colovac endoluminal (within the intestine) bypass sheath in adult patients who were initially scheduled to receive a diverting ostomy following colorectal surgery. Diverting ostomy, the current standard of care, is applied prophylactically to most patients today undergoing a low anterior resection (LAR) and anastomosis, due to the high risk of anastomotic leak in this patient cohort. Anastomotic leakage, or an incomplete healing of the anastomosis, occurs in up to 20 percent of patients undergoing LAR. It is considered to be one of the most serious complications of colorectal surgery, frequently resulting in the rapid development of severe peritonitis, septic shock, multiple organ dysfunction, and potential mortality.
"Participating in a study of this caliber for a potentially groundbreaking advance in the care of colorectal surgery patients aligns with our vision to be the safest and most innovative academic health system in America," said Dr. Abraham Schwarzberg, chief of oncology and senior vice president of network development, Tampa General.
Every year, approximately 500,000 patients worldwide undergo low anterior resection surgery, defining the broad opportunity for the Colovac device to significantly improve patient outcomes and recovery.
"The initiation of our SAFE-2 study represents the achievement of a critical milestone in our path to eventual FDA market approval and making a positive impact in the care and quality of life of colorectal surgery patients," said SafeHeal CEO Karl Blohm.
ABOUT TAMPA GENERAL HOSPITAL
Tampa General Hospital, a 1,041-bed non-profit academic medical center, is one of the largest hospitals in America and delivers world-class care as the region's only center for Level l trauma and comprehensive burn care. Tampa General Hospital is the highest-ranked hospital in the market in U.S. News & World Report's 2021-22 Best Hospitals, and one of the top four hospitals in Florida, with five specialties ranking among the best programs in the United States. The academic medical center's commitment to growing and developing its team members is recognized by two prestigious 2021 Forbes magazine rankings – America's Best Employers by State, third out of 100 Florida companies and first among health care and social organizations and 13th nationally in America's Best Employers for Women. Tampa General is the safety net hospital for the region, caring for everyone regardless of their ability to pay, and in fiscal 2020 provided a net community benefit worth more than $182.5 million in the form of health care for underinsured patients, community education, and financial support to community health organizations in Tampa Bay. It is one of the nation's busiest adult solid organ transplant centers and is the primary teaching hospital for the USF Health Morsani College of Medicine. With five medical helicopters, Tampa General Hospital transports critically injured or ill patients from 23 surrounding counties to receive the advanced care they need. Tampa General houses a nationally accredited comprehensive stroke center, and its 32-bed Neuroscience, Intensive Care Unit is the largest on the West Coast of Florida. It also is home to the Jennifer Leigh Muma 82-bed Level IV neonatal intensive care unit, and a nationally accredited rehabilitation center. Tampa General Hospital's footprint includes 17 Tampa General Medical Group Primary Care offices, TGH Family Care Center Kennedy, TGH Brandon Healthplex, TGH Virtual Health and 19 outpatient Radiology Centers. Tampa Bay residents also receive world-class care from the TGH Urgent Care powered by Fast Track network of clinics, and they can even receive home visits in select areas through TGH Urgent Care at Home, powered by Fast Track. As one of the largest hospitals in the country, Tampa General Hospital is the first in Florida to partner with GE Healthcare and open a clinical command center that uses artificial intelligence and predictive analytics to improve and better coordinate patient care at a lower cost. For more information, go to www.tgh.org.
ABOUT USF HEALTH
USF Health's mission is to envision and implement the future of health. It is the partnership of the USF Health Morsani College of Medicine, the College of Nursing, the College of Public Health, the Taneja College of Pharmacy, the School of Physical Therapy and Rehabilitation Sciences, the Biomedical Sciences Graduate and Postdoctoral Programs, and USF Health's multispecialty physicians' group. The University of South Florida is a high-impact global research university dedicated to student success. Over the past 10 years, no other public university in the country has risen faster in U.S. News & World Report's national university rankings than USF. For more information, visit health.usf.edu.
ABOUT SAFEHEAL
SafeHeal SAS, headquartered in Paris, France, and its wholly-owned U.S. subsidiary, SafeHeal Inc., is a clinical-stage medical device company which develops Colovac, a device invented by a French digestive surgeon, Dr. Charam Khosrovani, to obviate the need for a digestive ostomy in patients undergoing colorectal surgery. Colovac is a flexible bypass sheath intended to reduce the contact of fecal content at the anastomotic site following colorectal surgery. The device is placed endoluminally and is fully reversible. The device remains in place for 10 days, until the body's natural healing and tissue repair processes are complete, after which it is removed during an endoscopic procedure without the need for a second surgical intervention. This enables patients to resume their normal life without the stigma and complications associated with an ostomy procedure. Colovac is an investigational device, not currently available for sale.
Media Contact: Karen Barrera
Assistant Director of Communications & Partnerships
(813) 844-8725 (direct)
(813) 928-1603 (cell)
kbarrera@tgh.org
View original content to download multimedia:
SOURCE Tampa General Hospital | https://www.mysuncoast.com/prnewswire/2022/04/01/tampa-general-hospital-usf-health-morsani-college-medicine-are-first-implant-colovac-endoluminal-bypass-sheath-us/ | 2022-04-01T20:13:15Z |
NEW YORK, July 19, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Unity Software Inc. ("Unity" or the "Company") (NYSE: U) in connection with the Company's proposed merger with ironSource Ltd. ("ironSource") (NYSE: IS). Under the merger agreement, the Company will acquire each ironSource share for 0.1089 of a Unity common share, leaving Unity shareholders owning approximately 73.5% and ironSource shareholders owning approximately 26.5% of the combined company upon closing of the transaction.
If you own Unity shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/u
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) Unity's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration and percentage of ownership is fair to Unity's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
View original content to download multimedia:
SOURCE Weiss Law | https://www.kxii.com/prnewswire/2022/07/19/shareholder-alert-weiss-law-investigates-unity-software-inc/ | 2022-07-19T19:46:16Z |
NEW YORK, Sept. 8, 2022 /PRNewswire/ -- The Israel Ministry of Tourism announced today new record-breaking tourist arrivals from the United States visiting Israel in the months of July and August. The country welcomed 78,000 total travelers from the United States in July 2022, a 4% increase from 2019, and 71,000 total travelers from the United States in August 2022, a 13% increase from 2019.
"It is so exciting to once again see an increase in tourism to Israel from the United States, already reaching and surpassing our record-breaking numbers of 2019," said Eyal Carlin, Tourism Commissioner for North America. "The United States is our top market for inbound tourism to Israel, and before the COVID-19 pandemic, we were celebrating record-breaking tourism entry numbers month after month; We're so happy to see such a positive shift and expect a continued upward trajectory for months and years to come."
Not far behind the United States, Canada is also on track to exceed its tourist arrivals in Israel, reaching 7,200 visitors in July 2022 and 6,000 in August.
"It is so exciting to see how Canada's tourism to Israel is rebounding," said Gal Hana, Consul and Director for Canada for the Israel Ministry of Tourism. "We are not far off our record 2019 numbers, and we are anticipating that this growth in travel to Israel will further increase as Canadians continue to feel more comfortable traveling abroad."
In 2019, Israel welcomed more than 4.6 million global tourists, 969,600 of them coming from the United States, and since its official reopening to all travelers regardless of vaccination status in May of this year, the country has already seen more than 600,400 US travelers.
About the Israel Ministry of Tourism:
The Israel Ministry of Tourism (IMOT) is Israel's national tourism agency responsible for planning and implementing marketing and promotional initiatives to position Israel as a preferred travel destination. IMOT aims to increase tourism traffic to contribute to Israel's economy, and to enhance and diversify the visiting experience. IMOT works to promote Israel's impressive assortment of historical, cultural, culinary, and religious attractions – each the perfect blend of tradition and modernity. IMOT offices in North America are located in New York, Los Angeles, Atlanta, Chicago, and Toronto.
For details on upcoming events and attractions in Israel, visit IMOT's website at israel.travel. Follow us on Facebook, Twitter and Instagram to receive the latest updates.
Media Contact:
MWWPR,
israel@mww.com
View original content:
SOURCE Israel Ministry of Tourism | https://www.mysuncoast.com/prnewswire/2022/09/08/israel-celebrates-record-breaking-tourism-entry-numbers-united-states/ | 2022-09-08T15:19:54Z |
Garden spiders may look scary, but they are a friend of gardeners and help keep insect populations in check around the house.
Garden spiders go by many names – writing spiders, yellow garden spiders, banana spider and by their genus – Argiope, said Wizzie Brown, Texas A&M AgriLife Extension Service entomologist, Austin.
Brown said garden spiders are orb weavers, which are known for their intricate circular, grid-like webs. They build webs because they have poor sight and utilize the webs to capture their prey. Insects are caught in the web, and vibrations from their struggle signal the capture. The spider then wraps up the insect to eat at its convenience.
“I think most people would associate Charlotte’s Web with orb weavers and garden spiders,” she said. “They may look scary, but they are a very beneficial spider.”
Get to know garden spiders
Garden spiders live about one year, Brown said. They range in size and color but are typically black or brown with yellow and shiny silvery or white markings and large, spindly black or brown legs. Females have much showier markings than males.
Male spiders’ bodies are much smaller, about a quarter inch to half inch compared to females that reach three-quarter of an inch to 1.25 inches. They emerge from teardrop-shaped egg sacks each spring as spiderlings. The tiny spiders disperse by ballooning or throwing a strand of silk into the air to catch the wind to other locations.
Spiderlings feed on small insects and molt as they grow. By summer, males search for females, build a web nearby and begin trying to mate without being eaten.
Once they mate, females construct an egg sack and lay around 500-1,500 eggs inside it. Females can produce multiple egg sacks depending on mating success. Eggs typically hatch out in late summer or fall, and spiderlings overwinter inside the sack.
Garden spiders are predators of a wide range of insects, Brown said. Adults capture annoying pest insects like moths, flies, stinkbugs, leaf-footed bugs, katydids and grasshoppers. However, they also feed on beneficial insects like bees and butterflies.
“They manage landscape and garden pests, but food is food,” she said. “They are on the whole beneficial because they reduce insect populations.”
Moving annoying spiders
Garden spiders pose no danger to humans, Brown said, but they can be annoying if they build webs in high traffic areas. In those cases, they can be relocated to out-of-the-way locations.
Brown said people can gently grab the spider for relocation but should wear gloves because they do have fangs and may perceive being handled as danger. People not comfortable with spiders can use a broom to clear the web away and continue to clear the rebuilt webbing so that the spider eventually moves on.
The spiders typically stay in and around vegetation during the day to avoid predators, Brown said, and will scamper away or drop from their web to escape and hide when disturbed.
Bites could result in localized pain, redness and possibly itchiness, so Brown recommends cleaning the wound well and taking Benadryl if there is swelling and itchiness. Scratching the bite could lead to a secondary infection if the wound is not maintained well.
“Garden spiders will not come after you,” she said. “They want to get away from most anything larger than they are. They’re beautiful spiders and a great benefit around the house.” | https://www.tdtnews.com/news/central_texas_news/article_917a5b30-0b00-11ed-8bee-23468b87cde5.html | 2022-07-24T04:44:58Z |
TSX: SIL | NYSE American: SILV
VANCOUVER, BC, June 16, 2022 /PRNewswire/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce the results of its Annual General Meeting of Shareholders ("AGM") held in Vancouver, BC, on June 15, 2022.
A total of 85,223,625 votes were represented at the AGM amounting to 58.42% of the issued common shares as of the record date.
Shareholders approved the fixing of the number of directors at six. The following is the tabulation of proxy votes in the election of the six directors:
The shareholders also approved the re-appointment of PricewaterhouseCoopers LLP, Chartered Professional Accountants, as auditor of SilverCrest.
In addition, the shareholders approved the adoption of a new "rolling 5.5%" Stock Option Plan for the Company.
SilverCrest is a Canadian precious metals exploration and development company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and near-term production in Mexico's historic precious metal districts. The Company's top priority is on the high-grade, historic Las Chispas mining district in Sonora, Mexico, where it has completed construction of its Las Chispas Project and is proceeding with commissioning. SilverCrest is the first company to successfully drill-test the historic Las Chispas Property resulting in numerous high-grade precious metal discoveries. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.
N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.
View original content to download multimedia:
SOURCE SilverCrest Metals Inc. | https://www.mysuncoast.com/prnewswire/2022/06/16/silvercrest-reports-results-2022-agm/ | 2022-06-16T12:49:09Z |
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Professional Holding Corp. (PFHD), relating to its proposed acquisition by Seacoast Banking Corp of Florida. Under the terms of the merger, RBCN shareholders are expected to receive 0.8909 shares of Seacoast per share they own. Click here for more information: https://www.monteverdelaw.com/case/professional-holding-corp. It is free and there is no cost or obligation to you.
We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2021 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.
If you own common stock in PFHD and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2022 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
View original content to download multimedia:
SOURCE Monteverde & Associates PC | https://www.mysuncoast.com/prnewswire/2022/08/09/shareholder-alert-mampa-class-action-firm-announces-investigation-professional-holding-corp-pfhd/ | 2022-08-09T18:18:56Z |
Sleek design, accessible price and innovative features designed to make daily flossing a more simple, enjoyable experience.
NEW YORK, Aug. 23, 2022 /PRNewswire/ -- Today, quip, the modern oral health company, launched its latest innovation to expand its comprehensive product portfolio – the quip Rechargeable Cordless Water Flosser. Designed with the user in mind, the sleek water flosser helps consumers maintain a healthy mouth by building better daily flossing habits.
Despite the American Dental Association (ADA) recommending flossing once per day as an imperative part of oral care, only about 30 percent of consumers do.1
"Our goal at quip is to create a comprehensive suite of products and services that guide and reward users for following good oral care habits recommended by dental professionals for optimal oral health," said Simon Enever, Co-Founder and CEO, quip. "Flossing is a foundational, but often ignored, part of a healthy oral care routine. Following our earlier expansion into this category through our Refillable Floss String and Reusable Floss Pick products, our water flosser offers a high-performance option to those consumers who have trouble with traditional dental floss."
The quip Rechargeable Cordless Water Flosser is designed to transform what is often an avoided daily routine into an easy, refreshing, and enjoyable experience through premium product features including:
- Two pressure modes: gentle and deep clean for feel-good flossing no matter user sensitivity levels.
- Touch-to-control water flow through innovative two stage power button.
- A magnetic, 360-degree tip for hard-to-reach surfaces and spots.
- Easy-to-fill water reservoir with up to 60 seconds of water capacity.
- A lightweight, cordless and clutter-free design including a magnetic, USB charging cable ideal for travel and countertop display.
- A long-lasting charge up to 60 cycles per charge.*
- An optional subscription plan for tip refills to make hygienic replacement of the floss tip easy and stress free ($5 per quarter).
"Flossing is an extremely important oral hygiene habit and quip's new Water Flosser is a game changer for people who have trouble with traditional floss," said Dr. Jeffrey Rappaport, Chief Dental Advisor, quip. "Water flossers are typically more enjoyable for the user as it's more gentle, easier to use and helps get to hard-to-reach tooth surfaces at the back and sides of your mouth. When the user has a better experience flossing, they're more likely to stick with it, resulting in long-lasting healthy habits."
The quip Rechargeable Cordless Water Flosser is available in white or sky blue plastic designs starting at $49.99 and is also available in copper, slate and all-black metal versions. quip's water flosser is available at getquip.com, Target and later this fall, Walmart.
For the latest from quip, follow @quip on Instagram or visit getquip.com.
quip is a modern oral health company launched in 2015 that provides thoughtfully designed personal oral care products and professional dental care services through a digital platform that makes oral care more simple, accessible, and enjoyable. The current personal care offerings include a wide selection of American Dental Association accepted (ADA seal) adult and kid electric toothbrushes, smart brushes, refillable floss pick and string, refillable mouthwash and gum, all kept fresh with a refill delivery service. quip's professional platform, which is behind quip Aligners and quipcare, is part of the company's future vision to connect personal care, oral health monitoring and professional care in one digital oral care companion app that helps access and manage all your oral care needs and guide and incentivize good oral health habits. quip was co-founded by Simon Enever and Bill May. Learn more at getquip.com.
1 US News and World Report, How Many Americans Floss Their Teeth, https://www.usnews.com/news/articles/2016-05-02/how-many-americans-floss-their-teeth, Accessed July 5, 2022
*Subject to change based on pressure mode
View original content to download multimedia:
SOURCE quip | https://www.kxii.com/prnewswire/2022/08/23/quip-debuts-new-rechargeable-cordless-water-flosser-feel-good-flossing/ | 2022-08-23T13:49:06Z |
Services for Ray Charles “Sharp Head” Miller, 65, of Temple will be 10 a.m. Saturday at Branford/Dawson Funeral Home in Temple with Bishop D.L. Jackson officiating.
Burial will be 10 a.m. Tuesday in Central Texas State Veterans Cemetery in Killeen.
Mr. Miller died Tuesday, April 5, at a Temple hospital.
He was born Oct. 29, 1956, in Temple to Grady T. and Ruth Elda Broadus. He graduated from Temple High School in 1975. He attended Temple College, where he studied to be a medical aide. He served in the U.S. Army. He was a member of Crestview Christian Church in Temple. He worked for E.R. Carpenter and Pactive for many years.
Survivors include a son, Cory Mack of Kyle; three daughters, Rossie Williams of Austin, Latoya Jones of Lansing, Mich., and Daminek Parrish of Columbus, Ga.; his parents of Temple; five brothers, the Rev. Horace Miller, Howard Broadus and William Broadus, all of Temple, Grady Broadus of East, and Myron Broadus of Waco; three sisters, Joyce Smith of Temple, Minnie Louise Hewitt of Kempner, and Gloria Jean Broadus of Waco; and three grandchildren.
Visitation will be 3-5 p.m. Friday at the funeral home. | https://www.tdtnews.com/obituaries/article_1e417fb2-b5ed-11ec-be2b-a3b0f04645cd.html | 2022-04-07T07:58:41Z |
This award spotlights female leaders, professionals and contractors who are currently setting the foundation for the landscaping industry.
COLLEGE STATION, Texas, June 17, 2022 /PRNewswire/ -- Green Industry Pros, the management resource for landscape contractors and equipment dealers, selected Kersten Dupree, General Manager for Aggieland Green as a recipient of the Women in the Green Industry Award for 2022.
The Women in the Green Industry Award spotlights female leaders, professionals and contractors who are currently setting the foundation for the landscaping industry.
"The green industry has made significant progress in its promotion and inclusion of female employees and leaders over the past several years, but there's still more work to be done," says Sarah Webb, Editor of Green Industry Pros. "It's high time we recognize those women, which is why we're proud to present our inaugural Women in the Green Industry Award. Our hope is that these women who have been selected will inspire even more women to choose careers in the green industry."
Go to www.greenindustrypros.com/awards to learn more about upcoming Green Industry Pros awards.
Green Industry Pros is a leading voice that keeps landscape contractors and equipment dealers on top of the latest products, trends, technologies and business strategies that help with growth, productivity and profitability for their operations. Go to www.greenindustrypros.com to learn more.
View original content:
SOURCE Green Group | https://www.wibw.com/prnewswire/2022/06/17/green-industry-pros-reveals-winners-women-green-industry-award/ | 2022-06-17T17:59:04Z |
BRUSSELS (AP) — The number of migrants trying to enter the European Union without authorization in the first three months of this year has risen to its highest level since 2016, even excluding refugees arriving from Ukraine, the EU’s border and coast guard agency said Tuesday.
Frontex estimated that more than 40,300 “illegal crossings” were made into the 27-nation EU between January and March, up by 57% over the same period last year.
Well over 1 million people, most from Syria but also many Iraqis, entered the EU in 2015, overwhelming reception facilities. Their arrival sparked a major political crisis in Europe as nations bickered over who should take care of them, and tensions still linger.
This year, almost 5 million people fled the war in Ukraine. Poland has welcomed more than half of them while Hungary has taken in close to half a million, according to U.N. refugee agency figures. Both countries refused to be obliged to take in refugees from Syria and Iraq after 2015.
Frontex said the number of attempts to enter Europe without authorization via the Western Balkans more than doubled in the first quarter of 2022, with over 18,300 detected crossings. Most were Syrians and Afghans.
More than 5,100 attempts were made through the EU island country of Cyprus, a three-fold annual rise.
Frontex also said that the number of migrants trying to reach Britain across the English Channel nearly tripled in early 2022 to almost 8,900 compared with the first quarter of last year. Around half were prevented from making the crossing. | https://cw33.com/news/international/ap-international/frontex-sees-big-rise-in-eu-migrant-entries-no-ukraine-link/ | 2022-04-19T16:18:06Z |
1 killed, 7 others hurt in crash involving soccer team
By Chelsea Robinson
Click here for updates on this story
OSCEOLA COUNTY, Florida (WESH) — An Osceola County native was killed over the weekend in a crash involving the Jacksonville University women’s soccer team.
According to First Coast News, 18-year-old Stephanie Davis, a first-year student and St. Cloud native, was killed in the crash. Seven others were hurt and treated for minor injuries.
According to Florida Highway Patrol, the crash happened around 3:40 p.m. Sunday in Baker County.
The women were traveling in an SUV headed eastbound on US-90 west of I-10. The SUV went off onto the south shoulder and overcorrected, according to FHP. When the vehicle was back on the roadway, the driver overcorrected again and the vehicle began to spin before flipping.
“Our campus community is devastated by this heartbreaking news,” the university’s statement said. “Jacksonville University leaders are in touch with the families of all students involved and are offering our full support to them and to the team, as well as counseling services to any students, faculty and staff who knew Stephanie.”
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/news/2022/04/12/1-killed-7-others-hurt-in-crash-involving-soccer-team/ | 2022-04-12T21:18:44Z |
Watchdog report says Trump and Biden administration decisions drove collapse of Afghan security forces
By Oren Liebermann, Natasha Bertrand and Jeremy Herb, CNN
The US decision to leave Afghanistan under both the Trump and Biden administrations was the driving factor behind the swift collapse of the Afghan military as the Taliban swept across the country with stunning speed last summer, according to a scathing new inspector general report released Wednesday.
The interim report from the Special Inspector General for Afghanistan Reconstruction called the US decision to withdraw — conceived by the Trump administration in 2020 and implemented by the Biden administration in 2021 — the “single most important factor” behind the collapse of the Afghan National Defense and Security Forces.
The inspector general’s report, which also cast significant blame on decisions made by former Afghan President Ashraf Ghani, is one of the deepest examinations to date at the reasons behind the stunning fall of the Afghan government last summer that saw the Taliban rapidly take control of Afghanistan amid a full US withdrawal following a 20-year war.
The interim report is another damning indictment of the failed planning and strategy that plagued America’s vision for Afghanistan, even as special inspector general John Sopko wrote that the eventual collapse was “predictable.” The US repeatedly set goals for the Afghan military that were unattainable, implemented metrics that delivered success while obfuscating the real problems and poured resources into solutions that only exacerbated the issues they were meant to fix.
“After 20 years of training and development, the ANDSF never became a cohesive, substantive force capable of operating on its own. The U.S. and Afghan governments share in the blame,” the inspector general wrote. “Neither side appeared to have the political commitment to doing what it would take to address the challenges, including devoting the time and resources necessary to develop a professional ANDSF, a multi-generational process. In essence, U.S. and Afghan efforts to cultivate an effective and sustainable security sector were likely to fail from the beginning. The February 2020 decision to commit to a rapid U.S. military withdrawal sealed the ANDSF’s fate.”
The Doha agreement, signed between the Trump administration and the Taliban in February 2020, shattered the fragile morale of the Afghan military, according to the SIGAR report. The Pentagon, over 20 years, had attempted to create a “mirror image to the US military,” the report found — something that never materialized and would have required years more training and assistance.
By 2020, Afghan forces still relied far too heavily on US personnel and support, despite $90 billion of investment by the United States over the course of the war.
The Pentagon defended its decades of training and equipping the ANDSF, asserting that an independent Afghan military backed by US support was “very nearly within reach.”
“While not perfect and faced with many residual challenges such as rampant corruption and desertion, the ANDSF had grown to exhibit competency in securing most of Afghanistan’s population centers and had taken over all offensive operations against the Taliban to include the vast majority of airstrikes,” said Army Major Rob Lodewick, a Defense Department spokesperson.
Reduction of airstrikes
Following the agreement with the Taliban, other factors also hampered the Afghan security forces. The inspector general wrote that the US conducted more than 7,400 airstrikes in 2019, but limited them the following year to only 1,600, almost half of which occurred in the two months before the US-Taliban agreement.
The reduction in airstrikes, the report said, left the Afghan forces “without a key advantage in keeping the Taliban at bay.”
The Defense Department said the reduced strikes were a reflection of the US commitment to the Doha agreement, which called for an end to strikes against the Taliban. The Afghan Air Force still conducted unilateral “defensive strikes,” Lodewick said.
The withdrawal of US contractors last year further deteriorated the state of the Afghan air force. Former Afghan Army Corps commander Gen. Sami Sadat told investigators that when US contractors withdraw, every aircraft with battle damage or in need of maintenance was grounded. “In a matter of months, 60 percent of the Black Hawks were grounded, with no Afghan or U.S. government plan to bring them back to life,” Sadat said, according to the report.
The report also criticized the way the US military left Bagram Airfield in July 2021, saying that US forces departed the base at night without notifying the new Afghan base commander.
“The U.S. military also shut off the electricity, enabling looters to ransack the base before security forces regained control,” the inspector general wrote. “Although U.S. and Afghan officials disputed the circumstances of the U.S. departure, which a U.S. military spokesperson said was the result of a miscommunication, the demoralizing effect of the silent late-night departure on Afghan soldiers was clear.”
The report scrutinized multiple ways that Ghani’s paranoia and lack of planning contributed to the fall of the country’s armed forces and ultimately, Ghani’s government.
Ghani was profoundly ignorant about the state of his own military, the report found, only realizing in the final months before the Taliban took over the country that the US provided nearly everything for the Afghan forces except the men doing the fighting. Increasingly distrustful of the United States and paranoid that the west was plotting to replace him, Ghani tightened his inner circle, replacing a young generation of US-trained Afghan officers with loyalists.
“It was not until President Biden’s April 14, 2021, announcement of the final troop and contractor withdrawal date that this senior advisor and President Ghani’s inner circle said they realized that the ANDSF had no supply and logistics capability,” the inspector general wrote. “Although the Afghan government had operated in this way for nearly 20 years, their realization came only 4 months before its collapse.”
‘Old guard of Communists’
In the week before the fall of Kabul, Ghani installed an “old guard of Communists” into nearly the entire army corps, removing the younger officers.
At that point, the Taliban controlled five of Afghanistan’s 34 provinces. Within days, they would take over virtually the entire country, culminating in the fall of Kabul on August 15. Whatever his motives, Afghan and US officials believed Ghani’s leadership changes also played a fundamental role in the collapse of the Afghan military, according to the report.
The inspector general wrote that some Afghan and US officials believed Kabul would not have fallen had Ghani remained in the capital. One Afghan squadron commander told investigators he arrived in Kabul ready to defend the capital with a dozen attack helicopters and 17 pilots. But once Ghani fled, “self-preservation instincts took over,” and the squadron commander said that anyone who could fly an aircraft fled to neighboring countries, according to the report.
The interim report, which was requested by congressional committees, also sought to assess how much US-provided equipment fell into the hands of the Taliban.
The inspector general wrote that the status of US-provided equipment remains mostly unknown. The Pentagon estimates that $7.1 billion of Afghan security forces equipment remained in Afghanistan in varying states of repair when US forces withdrew last August. “We don’t have a complete picture, obviously, of where every article of defense materials has gone, but certainly a fair amount of it has fallen into the hands of the hands of the Taliban,” a US national security adviser told the inspector general.
The Defense Department reported to Congress in March it assessed that 78 aircraft, more than 9,500 air-to-ground munitions, over 40,000 vehicles, more than 300,000 weapons and night vision and other equipment were left behind in Afghanistan. Aircraft that remained in Afghanistan at Hamid Karzai International Airport were “demilitarized and rendered inoperable,” according to the Pentagon report.
The interim report concludes with a warning to the US government.
“Unless the U.S. government understands and accounts for what went wrong, why it went wrong, and how it went wrong in Afghanistan, it will likely repeat the same mistakes in the next conflict,” the inspector general wrote.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/17/watchdog-report-says-trump-and-biden-administration-decisions-drove-collapse-of-afghan-security-forces/ | 2022-05-18T05:33:27Z |
Company Also Provides Updates on Share Repurchase Program and Combined $56.6 Million in Collateral Releases
BRISTOL, Tenn., June 6, 2022 /PRNewswire/ -- Alpha Metallurgical Resources, Inc. (NYSE: AMR), a leading U.S. supplier of metallurgical products for the steel industry, today announced several positive financial updates, including the elimination of its remaining term loan balance.
On June 3, 2022, Alpha made a voluntary prepayment of $99.4 million on its term loan, which eliminated all remaining principal and paid the loan in full.
"Today we are pleased to announce that Alpha's term loan has been paid in full, eliminating our long-term debt," said David Stetson, Alpha's chair and chief executive officer. "As we have mentioned consistently over the past few quarterly calls, this is a critically important milestone for our company, and a significant step in further strengthening Alpha's balance sheet. In just under a year's time, more than $550 million has been paid toward eliminating Alpha's long-term debt load, which allowed us to extinguish the term loan and its carrying costs two years ahead of maturity."
As previously announced, Alpha's board of directors authorized a $600 million share repurchase program. As of June 3, the company has acquired 860,934 shares of common stock at a cost of $126.3 million.
In connection with Alpha's improved financial position, the company has received a reduction of $40.1 million in collateral requirements related to its self-insured workers compensation at certain locations in West Virginia.
Additionally, as part of routine surety program review and negotiation, the company has received a $16.5 million reduction in surety collateral requirements, while securing multi-year visibility on surety program terms and conditions.
Alpha's president and chief financial officer, Andy Eidson, elaborated on today's financial announcements: "These collateral releases, which are in the form of letters of credit, directly increase our ABL availability, and thus our financial liquidity, by nearly $57 million. Taken together with the final payment to eliminate Alpha's term loan, these developments represent a further de-risking of our balance sheet and demonstrate our commitment to building a company that is resilient through any market. Additionally, we are pleased to provide an update on the progress of our share repurchase program, which we still believe to be the best investment we can make at this point in time. We are excited about where Alpha is heading, and we look forward to continuing this positive momentum."
Alpha Metallurgical Resources (NYSE: AMR) is a Tennessee-based mining company with operations across Virginia and West Virginia. With customers across the globe, high-quality reserves and significant port capacity, Alpha reliably supplies metallurgical products to the steel industry. For more information, visit www.AlphaMetResources.com.
This press release includes forward-looking statements. These forward-looking statements are based on Alpha's expectations and beliefs concerning future events and involve risks and uncertainties that may cause actual results to differ materially from current expectations. These factors are difficult to predict accurately and may be beyond Alpha's control. Forward-looking statements in this press release or elsewhere speak only as of the date made. New uncertainties and risks arise from time to time, and it is impossible for Alpha to predict these events or how they may affect Alpha. Except as required by law, Alpha has no duty to, and does not intend to, update or revise the forward-looking statements in this press release or elsewhere after the date this release is issued. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this press release may not occur.
View original content to download multimedia:
SOURCE Alpha Metallurgical Resources, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/06/alpha-eliminates-remaining-term-loan-balance/ | 2022-06-06T12:39:54Z |
WASHINGTON , June 6, 2022 /PRNewswire/ -- A leading Ukrainian businessman, Dmytro Firtash, continues to take steps to assist the Ukrainian people to oppose Russian aggression, including utilizing his Ukrainian plants and other resources to help his employees and the Ukrainian people. Here is Lanny Davis's statement on behalf of Mr. Firtash:
As Russian troops intensify their attacks on the eastern Ukrainian city of Sjewjerodonezk, around 800 civilians have sought refuge in bunkers under the Azot chemical factory owned by Dmytro Firtash's company, Group DF. These 800 civilians include around 200 out of the plant's 3,000 employees and approximately 600 inhabitants of the city of Sjewjerodonezk. The contingent of 200 workers has remained at the facility to secure and professionally safeguard as best as possible what is left of the plant's highly explosive chemicals.
In addition, reports indicate further targeted destruction of Ukrainian economic infrastructure by Russian troops. The port complex "Nika-Tera," south of Mykolayiv at the mouth of the Bug-Dnieper River to the Black Sea, has come under massive shelling. The Nika-Tera terminal (part of Mr. Firtash's Group DF) includes three specialized cargo areas: a grain complex, a fertilizer complex, and a complex handling other bulk cargo. On Saturday (June 4, 2022), the port terminals suffered from the most massive attacks thus far, rendering the port facilities entirely unusable. Mr. Firtash said:
"Apparently, the Russians are concerned with getting the Black Sea ports either under control or destroying them. By thus cutting off Ukrainian grain exports, they can and will use the hunger of millions of people in much of North Africa as another weapon in this cynical war."
Mr. Firtash said Group DF was working with other major Ukrainian agribusinesses to find alternative export routes, but it was unlikely that current export volumes could be shifted easily and quickly overland.
Mr. Firtash further said last week:
"This war is completely pointless and cannot be justified in any way, it only brings suffering and misery on all sides. This humanitarian tragedy is intolerable."
Background statement by Lanny J. Davis, attorney for Mr. Firtash:
Months ago, Mr. Firtash denounced the wholly unjustified Russian invasion of his mother country, Ukraine, and has worked to assist President Zelensky and his government in financial and other ways however he could. In the last several months, Mr. Firtash worked with President Zelensky's administration and the nation's three other TV station owners to establish a 24/7 TV news network. This network was formed to tell the truth about the Russian inhumane invasion and military attacks on civilians, women, and children. It is broadcast in Kyiv, in Warsaw, Poland, and in Russian on YouTube so that the Russian people can hear the truth.
Mr. Firtash's commitment to a free, strong, and independent Ukraine and his opposition to the Russian invasion is entirely consistent with his position for many years – contradicting the politically motivated false charges made against him that have led to widespread false U.S. and European media reporting based entirely on innuendo and no facts. See, e.g., this op ed in the Kyiv Post as long ago as 2014: Kyiv Must Be Strong and Independent.
Dan Webb, former U.S. Attorney in Chicago, and Mr. Davis, who once served as a special counsel to President Bill Clinton and a special privacy and civil liberties advisor, along with four other commission members, to President George W. Bush, have repeatedly reminded the U.S. media that the case brought against Mr. Firtash more than 9 years ago by Chicago prosecutors alleging a "scheme" to bribe Indian officials regarding a mine that never happened is utterly factually baseless.
According to Davis: "As we have said, it is hard to understand why so many resources and so much time has been devoted to a case against someone who isn't even accused of paying a bribe – and, in fact, has never been to the U.S. or has any agent or conducts any business in the U.S."
Davis continued: "Mr. Firtash asks only for an opportunity to help Ukraine, and for the U.S. and the EU to help him help Ukraine defeat this brutal, senseless, and inhumane Russian invasion – without asking for any impact on the current prosecution case in the U.S."
DISSEMINATED BY DAVIS, GOLDBERG & GALPER PLLC, A REGISTERED FOREIGN AGENT, ON BEHALF OF DMITRY FIRTASH. MORE INFORMATION IS ON FILE WITH THE DEPT OF JUSTICE, WASHINGTON DC.
Contact: Alex Lange, 202-480-4309, alange@dggpllc.com
View original content:
SOURCE Lanny Davis | https://www.kxii.com/prnewswire/2022/06/06/statement-by-lanny-j-davis-us-co-counsel-dmytro-firtash-behalf-mr-firtash-regarding-his-continued-assistance-ukrainian-president-zelenskys-government-ukrainian-people/ | 2022-06-06T19:00:15Z |
TSX.V: EU
OTCQB: ENCUF
www.encoreuranium.com
CORPUS CHRISTI, Texas, May 26, 2022 /PRNewswire/ - enCore Energy Corp. ("enCore" or the "Company") (TSXV: EU) (OTCQB: ENCUF) announced today the completion of the sale of the Cebolleta Uranium Project ("Ceboletta"), New Mexico to Future Fuel Corporation ("Future Fuels") (CSE: AMPS) for 11,308,250 common shares representing approximately 15.90% on an undiluted basis of the outstanding shares of Future Fuels and $250,000 USD. This transaction is the first major step in monetizing assets held by enCore which are not in the Company's production pipeline, further enabling enCore's execution of its goal to become the next producer of American uranium.
William M. Sheriff, Executive Chair stated: "enCore Energy is focused on providing necessary and reliable, clean energy in the United States by advancing the Rosita Plant and our Texas assets towards production. The sale of Cebolleta provides significant equity in Future Fuels, enhancing our already healthy balance sheet which will see us bring our Rosita Plant back into production and deliver on our uranium sales agreements in 2023. We are committed to adding value to the Company while seeking to minimize shareholder dilution on our path to production."
Rosita Central Uranium Processing Plant (Rosita Plant)
enCore's Rosita Plant, located approximately 60 miles from Corpus Christi, Texas, is a licensed, past-producing in-situ recovery (ISR) uranium plant expected to reach completion of the modernization and refurbishment program in Q2 2022. The program is on schedule and on budget to meet enCore's 2023 production target. The Rosita Plant is designed to process uranium feed from multiple satellite operations, all located in the South Texas area, and is 1 of 11 licensed uranium processing plants in the United States, 2 of which are owned by enCore Energy.
About enCore Energy Corp.
enCore Energy is rapidly advancing towards becoming the next producer of American uranium. With approximately 90 million pounds of U3O8 estimated in the measured and indicated categories and 9 million pounds of U3O8 estimated in the inferred category1, enCore is the most diversified in-situ recovery uranium development company in the United States. enCore is focused on becoming the next uranium producer from its licensed and past-producing South Texas Rosita Processing Plant by 2023. The South Dakota-based Dewey Burdock and Wyoming Gas Hills projects offer mid-term production opportunities with significant New Mexico uranium resource endowments providing long-term opportunities. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle.
_______________________________
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements relating to the intended use of the net proceeds of the Offering and the completion of any capital project or property acquisitions. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; future legislative and regulatory developments; inability to access additional capital; the ability of enCore to implement its business strategies; and other risks. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
View original content to download multimedia:
SOURCE enCore Energy Corp. | https://www.mysuncoast.com/prnewswire/2022/05/26/encore-energy-completes-sale-ceboletta-uranium-project-new-mexico/ | 2022-05-26T11:52:40Z |
Company expands portfolio with line of high-quality, USDA-certified organic, fully traceable, U.S.-grown hemp CBD distillates for use in health and wellness products
DES MOINES, Iowa, June 15, 2022 /PRNewswire/ -- Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services, announced the launch of Luxiva™ hemp cannabidiol (CBD) distillates. The line includes two hemp CBD distillates that are farmed and produced in America's heartland and are United States Department of Agriculture (USDA)-certified organic.
"The Kemin team is excited to announce that Luxiva hemp CBD distillates are now available to help our customers elevate their health and wellness innovation products," said Tyler Holstein, Global Product Manager, Kemin Human Nutrition and Health. "The line includes two new products that are USDA-certified organic and fully traceable to hemp farms in the Midwest United States. Kemin ingredients are made in facilities with third-party GMP (Good Manufacturing Practices) certification and products that conform to the law and requirements governing hemp to help customers get new products to market quickly. They provide the added benefit of certification by a credible source—something that CBD consumers look for when making their purchase decisions."
The U.S. retail hemp-cannabidiol (CBD) market is booming, currently valued at USD$803 million, with growth expected to reach USD$1.2 billion by 2023, according to Nutrition Business Journal.1
Kemin Luxiva™ Full Spectrum CBD Distillates are organic, hemp-based ingredient solutions that have been developed for the U.S. and global health and wellness markets.
New product offerings include:
- Luxiva™ Full Spectrum Cannabidiol (CBD) Distillate (0.3%) – a USDA-certified organic hemp extract of the stems, leaves and flower of Cannabis Sativa, contains a minimum of 60% CBD content with a total THC content of less than 0.3%.
- Luxiva™ Full Spectrum Cannabidiol (CBD) Distillate (0.1%) – a USDA-certified organic hemp extract of the stems, leaves and flower of Cannabis Sativa, contains a minimum of 60% CBD content with a total THC content of less than 0.1%.
- Fully traceable hemp grown in the U.S.
- Clean/green extraction process
- Natural, USDA-certified organic
- Non-GMO
- Third-party tested
- Vegan
- Kosher
- Supported by Kemin Technical Service Team
"For more than 25 years, Kemin has gained a reputation as a leader in the global health and wellness marketplace by being a trusted, science-backed and quality ingredient supplier," said Holstein. "Our customers can depend on Kemin to provide superior botanical ingredients from plant experts known for outstanding quality, science and technical support. With all these benefits, we're excited to offer these new hemp CBD solutions and to give our customers peace of mind when buying high-quality Luxiva hemp ingredients from Kemin."
To learn more about the Kemin portfolio of organic, hemp-based ingredients and shaping a better future through sustainable solutions, please visit www.kemin.com/luxiva.
About Kemin Industries
Kemin Industries (www.kemin.com) is a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services. The company supplies over 500 specialty ingredients for human and animal health and nutrition, pet food, aquaculture, nutraceutical, food technologies, crop technologies, textile, biofuel and animal vaccine industries.
For over half a century, Kemin has been dedicated to using applied science to address industry challenges and offer product solutions to customers in more than 120 countries. Kemin provides ingredients to feed a growing population with its commitment to the quality, safety and efficacy of food, feed and health-related products.
Established in 1961, Kemin is a privately held, family-owned-and-operated company with more than 3,000 global employees and operations in 90 countries, including manufacturing facilities in Belgium, Brazil, China, India, Italy, Russia, San Marino, Singapore, South Africa and the United States.
Media Contacts:
Carrie Livingston, Director of Media Relations, carrie@colinkurtis.com, 815.519.8302
REFERENCES:
1 Nutrition Business Journal. (2021). Hemp Special Report. Retrieved from NutritionalBusinessJournal.com
© Kemin Industries, Inc. and its group of companies 2022. All rights reserved. ® TM Trademarks of Kemin Industries, Inc., U.S.A.
Certain statements, product labeling and claims may differ by geography or as required by government requirements.
View original content to download multimedia:
SOURCE Kemin Industries | https://www.wibw.com/prnewswire/2022/06/15/kemin-industries-introduces-luxiva-hemp-cbd-distillates/ | 2022-06-15T15:18:36Z |
Accelerated Commercial Momentum to Achieve Net Revenue of $20.5 million
2022 Revenue Guidance Range Raised to $67 million to $75 million
ANDOVER, Mass., Aug. 1, 2022 /PRNewswire/ -- TransMedics Group, Inc. ("TransMedics") (Nasdaq: TMDX), a medical technology company that is transforming organ transplant therapy for patients with end-stage lung, heart, and liver failure, today reported financial results for the quarter ended June 30, 2022. The Company also announced it entered into a new $60 million five-year loan agreement with CIBC Innovation Banking ("CIBC"), which was fully funded upon closing.
Recent Highlights
- Net revenue of $20.5 million in the second quarter of 2022, a 151% increase compared to the second quarter of 2021. Transplant centers use of the National OCS Program (NOP) drove 84% of total US revenue.
- Integrated OCS™ Heart DCD offering into NOP
- Refinanced outstanding debt with new $60 million term loan
"For the third sequential quarter we posted significant growth over the same period from the previous year. The second quarter results further validated that NOP is a critical catalyst that will fuel our expected growth for the foreseeable future," said Waleed Hassanein, MD, President, and Chief Executive Officer. "We are still very early on our growth trajectory, and we fully expect to continue to build on our momentum. We look forward to further broadening our NOP infrastructure and resources with the goal to maximize our coverage capacity and drive significant growth in transplant procedures in the US and around the world over the next several years."
"We are pleased to have secured a non-dilutive debt financing, enabling us to retire our existing debt facility while providing TransMedics with incremental financial flexibility to continue to scale the business," said Waleed Hassanein, MD, President, and Chief Executive Officer. "We look forward to a long-term and successful partnership with CIBC Innovation Bank as we continue grow our market presence."
Debt Financing Agreement
On July 25, 2022, TransMedics entered into a new $60 million five-year loan agreement with CIBC, which was fully funded upon closing. A portion of the proceeds from the new credit facility were used to repay the Company's existing $35 million credit facility with OrbiMed Advisors LLC ("OrbiMed"). The transaction, following the retirement of the prior facility with OrbiMed, provided net proceeds of $23 million of cash to the Company.
Cowen acted as exclusive financial advisor to TransMedics on this transaction. Additional detail regarding the financing is set forth in the Company's Current Report on Form 8-K, filed with the SEC.
Second Quarter 2022 Financial Results
Net revenue for the second quarter of 2022 was $20.5 million, a 151% increase compared to $8.2 million in the second quarter of 2021. The increased revenue was due primarily to the continued increase in commercial sales of the OCS™ Heart and OCS™ Liver in the United States.
Gross margin for the second quarter of 2022 was 70%, as compared to 68% in the second quarter of 2021.
Operating expenses for the second quarter of 2022 were $24.1 million, compared to $15.5 million in the second quarter of 2021. The increase in operating expense was driven primarily by increased investment in the company's NOP, our next generation OCS™ platform, as well as further investments in general commercial efforts and corporate infrastructure. Second quarter operating expenses in 2022 included $2.3 million of stock compensation expense, compared to $1.8 million of stock compensation in the second quarter of 2021.
Net loss for the second quarter of 2022 was $11.5 million, compared to $10.7 million in the second quarter of 2021.
Cash, cash equivalents and marketable securities were $58.1 million as of June 30, 2022, exclusive of net proceeds from the recent debt financing agreement.
2022 Financial Outlook
TransMedics is updating full year 2022 net revenue to be in the range of $67 million to $75 million, which represents 121% to 148% growth compared to the company's prior year net revenue. TransMedics' prior 2022 net revenue guidance was $59 million to $65 million.
Webcast and Conference Call Details
The TransMedics management team will host a conference call beginning at 4:30 p.m. ET / 1:30 p.m. PT on Monday, August 1, 2022. Investors interested in listening to the conference call may do so by dialing (844) 200-6205 for domestic callers or (929) 526-1599 for international callers, followed by Conference ID: 626851. A live and archived webcast of the event will be available on the "Investors" section of the TransMedics website at www.transmedics.com.
About TransMedics Group, Inc.
TransMedics is the world's leader in portable extracorporeal warm perfusion and assessment of donor organs for transplantation. Headquartered in Andover, Massachusetts, the company was founded to address the unmet need for more and better organs for transplantation and has developed technologies to preserve organ quality, assess organ viability prior to transplant, and potentially increase the utilization of donor organs for the treatment of end-stage heart, lung, and liver failure.
Forward-Looking Statements
This press release contains forward-looking statements with respect to, among other things, our full year guidance, and statements about our operations, financial position, and business plans. These forward-looking statements are subject to a number of risks, uncertainties and assumptions. Moreover, we operate in a very competitive and rapidly changing environment and new risks emerge from time to time. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in or implied by any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated or implied in the forward-looking statements. Some of the key factors that could cause actual results to differ include: that we continue to incur losses; our need to raise additional funding; our existing and any future indebtedness, including our ability to comply with affirmative and negative covenants under our credit agreement to which we will remain subject to until maturity, and our ability to obtain additional financing or refinance existing debt on favorable terms or at all; the fluctuation of our financial results from quarter to quarter; our ability to use net operating losses and research and development credit carryforwards; our dependence on the success of the OCS; our ability to expand access to OCS through the National OCS Program; the rate and degree of market acceptance of the OCS; our ability to educate patients, surgeons, transplant centers and private payors of benefits offered by the OCS; our ability to improve the OCS platform; our dependence on a limited number of customers for a significant portion of our net revenue; our ability to maintain regulatory approvals or clearances for our OCS products, including the re-certification of the CE marks for our OCS products in the European Union and any delays in obtaining re-certification; our ability to adequately respond to FDA follow-up inquiries in a timely manner; the performance of our third-party suppliers and manufacturers; price increases of the components of our products; the timing or results of post-approval studies and any clinical trials for the OCS; our manufacturing, sales, marketing and clinical support capabilities and strategy; attacks against our information technology infrastructure; the economic, political and other risks associated with our foreign operations; our ability to attract and retain key personnel; the impact of the outbreak of COVID-19, including variants of the virus and associated containment, remediation and vaccination efforts; our ability to protect, defend, maintain and enforce our intellectual property rights relating to the OCS and avoid allegations that our products infringe, misappropriate or otherwise violate the intellectual property rights of third parties; the pricing of the OCS, as well as the reimbursement coverage for the OCS in the United States and internationally; regulatory developments in the United States, European Union and other jurisdictions; the extent and success of competing products that are or may become available; the impact of any product recalls or improper use of our products; our estimates regarding revenues, expenses and needs for additional financing; and other factors that may be described in our filings with the Securities and Exchange Commission (the "SEC"). Additional information will be made available by our annual and quarterly reports and other filings that we make from time to time with the SEC. These forward-looking statements speak only as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable law.
Investor Contact:
Brian Johnston
332-895-3222
Investors@transmedics.com
* Reconciliation of Gross to Net revenue for certain payments made to customers (in thousands)
View original content to download multimedia:
SOURCE TransMedics Group, Inc. | https://www.wibw.com/prnewswire/2022/08/01/transmedics-reports-second-quarter-2022-financial-results/ | 2022-08-01T21:01:48Z |
Bringing Clean Energy to the Cornhusker State
LA VISTA, N.E., Aug. 16, 2022 /PRNewswire/ -- Everlight Solar is thrilled to invite customers and the community to their grand opening and ribbon cutting on Wednesday, August 17th starting at 12 pm. As proud members of the Sarpy County Chamber of Commerce, Everlight Solar is excited to help the metro surrounding areas and their communities go green!
Join the celebration for games such as cornhole, ping-pong, billiards, and even basketball! Lunch will be provided.
In addition to the opening, Everlight Solar will host a food donation drive for the Food Bank for the Heartland! This nonprofit organization focuses on providing food to those struggling with hunger in Nebraska. They accept all donations of canned foods, cereals, peanut butter, rice, and pasta. Equally important, they also take monetary donations; $1 can provide up to 4 meals!
Everlight Solar is the fastest-growing solar company in the Midwest, with operations in Wisconsin, Minnesota, Idaho, Nebraska, Nevada, Oregon, Utah, and Wyoming. To learn more about open jobs or about going solar for your own home, visit www.everlightsolar.com.
See you there!
Address: Everlight Solar, 10421 Portal Rd, Unit 105, La Vista, NE 68128
Click here for directions to the warehouse.
View original content to download multimedia:
SOURCE Everlight Solar | https://www.wibw.com/prnewswire/2022/08/16/everlight-solar-celebrates-their-grand-opening-la-vista-nebraska/ | 2022-08-16T22:24:15Z |
WASHINGTON (AP) — Final congressional approval of a $40 billion Ukraine aid bill seems certain within days as top Senate Republicans said Wednesday they expect strong GOP backing for the House-passed measure, signaling a bipartisan, heightened U.S. commitment to helping thwart the bloody Russian invasion.
“I think there’ll be substantial support,” Senate Minority Leader Mitch McConnell, R-Ky., told The Associated Press about the legislation, which cleared the House late Tuesday by an emphatic 368-57 margin. “We’re going to try to process it as soon as possible.”
No. 2 Senate GOP leader John Thune of South Dakota predicted “a big vote over here” for the bill, which he and others suggested might come Thursday but could spill into next week. Thune said some Republicans would vote against it and procedural tactics by opponents to slow it were possible, but added, “I think because there’s so much forward momentum behind doing this and doing it in a timely way that it I don’t think we’ll have anybody who will hold it up.”
It’s taken just two weeks for lawmakers to receive President Joe Biden’s smaller, $33 billion package, enlarge it and move it to the brink of passage — lightning speed for Congress. That reflects a bipartisan consensus that Ukraine’s outnumbered forces need additional Western help as soon as possible, with added political pressure fueled by near-daily tales of atrocities against civilians inflicted by Russian President Vladimir Putin’s armies.
“Act quickly we must,” said Senate Majority Leader Chuck Schumer, D-N.Y. “I will make sure this is a priority for the Senate. We have a moral obligation to stand with our friends in Ukraine.”
The new legislation would bring American support for the effort to nearly $54 billion, including the $13.6 billion Congress enacted in March. That’s about $6 billion more than the U.S. spent on all its foreign and military aid in 2019, according to a January report by the nonpartisan Congressional Research Service, which studies issues for lawmakers.
Washington has become increasingly assertive about its goals and its willingness to help Ukraine with more sophisticated weapons. Defense Secretary Lloyd Austin said recently the U.S. wants a “weakened” Russia that can’t quickly restore its capability to attack other countries, and reports have emerged about U.S. intelligence helping Ukrainians kill Russian generals and sink the Russian missile cruiser Moskva.
A senior Russian official said in Moscow Wednesday that the assistance package was part of Washington’s proxy war against Russia. Dmitry Medvedev, deputy head of Russia’s Security Council and former president, said on a messaging app that the aid was driven by a desire to “inflict a heavy defeat on our country, restrict its economic development and political influence in the world.”
The measure sailed to House passage backed by every voting Democrat, while around 1-in-4 Republicans opposed it. It would provide $7 billion more than Biden’s request from April, dividing the increase evenly between defense and humanitarian programs.
The bill would give Ukraine military and economic assistance, help regional allies, replenish weapons the Pentagon has shipped overseas and provide $5 billion to address global food shortages caused by the war’s crippling of Ukraine’s normally robust production of many crops.
“As Putin desperately accelerates his campaign of horror and brutality in Ukraine, time is of the essence,” said House Speaker Nancy Pelosi, D-Calif.
Some Republicans used the election-season debate to accuse Biden of being unclear about his goals.
“Honestly, do we not deserve a plan?” said Rep. Michael Burgess, R-Texas. He said he agrees that Western countries must help Ukraine stand up to Russia but added, “Does the administration not need to come to us with where we are going with this?”
Oksana Markarova, Ukraine’s ambassador to the U.S., attended Tuesday’s separate Democratic and Republican Senate lunches and expressed gratitude for the support they’ve received. Sen. Chris Coons, D-Del., said Markarova told them her country has depleted its stockpiles of Soviet-era weapons and said continued NATO support is vital.
Coons said the Ukrainian’s message was: “Thank you, do more. We have a hard fight ahead. With your support, we can win.”
The new measure includes $6 billion to arm and train Ukrainian forces, $8.7 billion to restore American stores of weapons shipped to Ukraine and $3.9 billion for U.S. forces deployed to the area.
There’s also $8.8 billion in economic support for Ukraine, $4 billion to help Ukraine and allies finance arms and equipment purchases and $900 million for housing, education and other help for Ukrainian refugees in the U.S.
To enhance the measure’s chances in Congress, the House bill dropped Biden’s proposal to ease the pathway to legal permanent residency for qualifying Afghans who fled to the U.S. after last summer’s American withdrawal from that country. Some Republicans have expressed concerns about the adequacy of security screenings for applicants.
In their biggest concession, Biden and Democrats abandoned plans Monday to include additional billions of dollars to build up U.S. supplies of medicines, vaccines and tests for COVID-19. Republican support for more pandemic spending is waning and including that money would have slowed the Ukraine measure in the 50-50 Senate, where at least 10 GOP votes will be needed for passage.
Democrats hope to produce a separate COVID-19 package soon, though its fate is unclear. | https://cw33.com/news/politics/ap-politics/quick-senate-ok-ahead-for-house-passed-40b-aid-for-ukraine/ | 2022-05-11T21:23:16Z |
HAIFA, Israel, May 16, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) today announced that Xavier Destriau, ZIM's EVP & CFO will present at the BofA Securities 29th Annual Transportation, Airlines and Industrials Conference on Thursday, May 19, 2022 at 9:00 AM ET.
A live webcast of the presentation will be available in the investor section of ZIM's website at www.zim.com. A replay will also be available on ZIM's website following the live event.
About ZIM
ZIM (NYSE: ZIM) is a global container liner shipping company with leadership positions in the markets in which it operates. Founded in Israel in 1945, ZIM is a veteran shipping liner, with decades of experience providing customers with innovative seaborne transportation and logistics services, a reputation for industry-leading transit times, schedule reliability and service excellence. Additional information about ZIM is available at www.ZIM.com.
ZIM Contacts
Elana Holzman
ZIM Integrated Shipping Services Ltd.
+972-4-865-2300
holzman.elana@zim.com
Leon Berman
The IGB Group
+1 212-477-8438
lberman@igbir.com
View original content:
SOURCE ZIM Integrated Shipping Services Ltd. | https://www.mysuncoast.com/prnewswire/2022/05/16/zim-present-bofa-securities-29th-annual-transportation-airlines-industrials-conference/ | 2022-05-16T12:54:17Z |
ARLINGTON, Va. (AP) — A deal reached Thursday between freight rail companies and their workers has ensured that commuter rail systems that also would have been affected can serve customers unimpeded.
That’s good news for commuters on the Virginia Railway Express outside the nation’s capital, which will continue the free rides it’s been offering the entire month of September to lure back riders lost during the pandemic.
Regular riders had been making contingency plans — most of which involved driving on the region’s notoriously clogged highways because there are few mass-transit alternatives for many customers of the VRE, which serves residents of the area’s far-flung suburbs.
At the Crystal City station on the VRE, commuter Thomas Good of Woodbridge said he’s been enjoying the free September rides on a service that runs toward the pricey side — a one-day pass costs nearly $25 on the longest rides. He said he likely would have been forced to drive if a strike occurred, but was ready to adapt to whatever evolved.
“Flexibility has been the word” in recent years, he said. “I think we can figure it out.”
VRE is one of many commuter rail systems that could have been forced to shut down on Friday had freight workers gone on strike because it does not own its own tracks and relies on the freight rails.
VRE CEO Rich Dalton said word of the last-minute deal announced Thursday morning by President Joe Biden “is most welcome and should allow the Virginia Railway Express to serve commuters in the commonwealth without interruption.”
Some commuter lines would have been affected; others would not. It depended largely on whether the commuter line owns its own tracks or uses tracks owned by the freight companies.
The largest commuter rail systems, all in metropolitan New York, would not have been affected, but the Metra system in Chicago said before the deal was announced that it was expecting disruptions on at least four of its 11 lines.
Commuter rail services in the the Maryland suburbs of Washington, D.C., Los Angeles and San Francisco Bay areas would have also been affected by a strike. The Sounder system in the Seattle area would have been forced to shutter. About 5,000 people ride Sounder trains each day — down from about 20,000 before the pandemic. In greater Minneapolis, transit agencies had planned to offer bus service to replace commuter rail service that would be forced to suspend on the smaller Northstar service.
The Association of American Railroads, which represents the freight rail industry, estimated that half the commuter rail systems in the country depend at least in part on tracks owned by the affected freight railroads.
John Cline, director of government relations for the Commuter Rail Coalition, an industry trade group, said there are 36 commuter rail lines in the U.S., and the impact on each would have ranged from “potentially catastrophic” to negligible. And there was little the commuter systems could do but wait to see how it played out.
“We’re kind of like innocent bystanders,” he said.
VRE spokeswoman Karen Finucan Clarkson said preliminary data for September shows average daily ridership approaching 10,000 one-way trips during the free-ride promotion. That’s almost double the average ridership of 5,125 trips in August, but still well below the pre-pandemic ridership of more than 18,000 trips.
___
Associated Press writers Sarah Brumfield in Silver Spring, Maryland; Steve LeBlanc in Boston; Gene Johnson in Seattle; Roger Schneider in Chicago; Olga Rodriguez in San Francisco and Doug Glass in Minneapolis contributed to this report. | https://cw33.com/business/ap-business/ap-freight-rail-strike-could-knock-out-commuter-service-too/ | 2022-09-15T23:28:39Z |
HONG KONG, July 8, 2022 /PRNewswire/ -- Chen Qiyu, Executive Director and Co-CEO of Fosun International Limited (HKEX stock code: 00656, "Fosun International") attended and delivered a keynote speech in the session of "The Significance of Technological Innovation for Zero-Carbon Transformation" at the ESG Global Leaders Summit recently.
Many international rating agencies recognized Fosun's ESG achievement after its 30 years of exploration and practice
Chen Qiyu shared Fosun's 30 years of exploration, practice, and phased results in the field of ESG at the summit. He pointed out that, as a globalized and diversified enterprise, Fosun faces complex and diverse ESG challenges and opportunities. Fosun is committed to establishing and endeavoring to achieve its new ESG goals. "We strive to achieve carbon emissions peak by 2028 and carbon neutrality by 2050. In order to achieve these goals, we will continue to establish a green and low-carbon management system and take measures to mitigate, adapt and resist climate change," he added.
Fosun joined the United Nations Global Compact (UNGC) in 2014 and is devoted to the global commitment to sustainable development, promoting the achievement of the United Nations (UN) Sustainable Development Goals (SDGs) through participating in related activities globally and locally, relentlessly promoting their close integration with Fosun's ESG strategies and actively engaging its member companies in the implementation of ESG strategies.
In recent years, Fosun has continued to step up its ESG system construction and devotion to ESG and has achieved some results. Fosun International is the only conglomerate in Greater China with an MSCI ESG rating of AA. It is also selected as a constituent of the MSCI CHINA ESG LEADERS 10-40 Index, and its Hang Seng Sustainability Rating is A, and is selected as a constituent of the Hang Seng Corporate Sustainability Benchmark Index (HSSUSB) and Hang Seng ESG 50 Index. On 23 June, the world's leading index company, FTSE Russell announced Fosun International's FTSE Russell ESG rating. Fosun International' rating results have improved for two consecutive years, outperforming the industry average, and has been included in the FTSE4Good Index Series for the first time. In addition, Fosun's member listed companies such as Fosun Pharma, Yuyuan Inc., and Nanjing Iron & Steel have also made corresponding achievements in ESG ratings and social responsibility.
Making Solid Progress on the Global ESG Journey amid ESG Challenges of a Diversified Enterprise
Chen Qiyu said that "Fosun is an unique enterprise. As a globalized and diversified enterprise, we may face different challenges than other companies when building our ESG system."
Chen Qiyu further elaborated in his speech that Fosun may have different understandings of ESG in different development stages and there is a process of gradually establishing awareness and improvement. Today, it has listed companies at different levels, and has financial, pharmaceutical and other companies regulated by different industries. Therefore, from the perspective of governance and supervision, when it enters an industry and a region, it can adapt and become familiar with the governance needs of the region and industry.
Fosun is constantly building its own ESG awareness at different stages of development. The external social environment drives the Group to systematically sort out and refine the ESG system, from environmental protection, corporate governance, to the improvement of the legal system, to social charity in the process of globalization.
Develop business for good, and actively give back to the society
Chen Qiyu stated that Fosun also started to undertake social responsibilities and carried out charitable and donation work relatively early. As a globalized company, Fosun takes initiatives to create business value and gives high priorities to corporate social responsibility. The Group always upholds its original aspiration of "Self-improvement, Teamwork, Performance, and Contribution to Society" and its corporate mission of "Creating happier lives for families worldwide". As a global citizen, Fosun has always done business for good and undertaken its social responsibilities.
Looking globally, Fosun has participated in the joint construction of a "malaria-free world" for more than 15 years. As the first Chinese pharmaceutical brand well recognized in Africa, Artesun® (artesunate for injection), self-developed and manufactured by Fosun Pharma, has been used to treat over 48 million severe malaria patients worldwide by the end of 2021. Fosun Pharma continues to innovate, its SPAQ-CO®Disp, which indicated for the prevention of malaria in children was pre-qualified by World Health Organization (WHO). Around 175 million children in high malaria transmission African countries have benefited from the "Seasonal Malaria Chemoprevention (SMC) Program", for which SPAQ-CO®Disp is used as the core drug. SMC with SPAQ-CO®Disp effectively reduced the morbidity of malaria in children under five years old in Africa.
Fosun's happiness business like Fosun Tourism Group, which advocates the construction of low-carbon hotels, has received a good rating from MSCI. Fosun's wealth business such as Millennium BCP in Europe has been named one of "Europe's Climate Leaders" by the Financial Times and other institutions for two consecutive years.
Fosun's member companies have done a lot of explorations in ESG due to different industries and regions. To advance and strengthen ESG work, Fosun will pay more attention to and take guidance from professional ESG entities and experts as reference.
Fosun's ESG Commitment
Chen Qiyu mentioned that Fosun noticed the global investment community is now paying increasing attention to ESG. Therefore, the Group has been working on the following aspects:
First, Fosun and its member companies, as publicly listed companies, will build a better ESG system, set higher goals for continuous devotion to ESG, and introduce more technological innovations to capture more attention from ESG-focused funds.
Second, Fosun have set ESG standards and goals in the investment and development of products and industrial projects. Fosun must take a lead in project construction and manage its investments well. "We consider ESG indicators as an important factor when making investment decisions. This ensures that Fosun's ESG philosophy is consistent from top to bottom despite being a diversified enterprise," he said.
Third, Fosun has created a top-down ESG governance structure for better performance. The Group has established and improved the ESG Board Committee, with independent director as the head of the committee. At the management level, it has set up an ESG Executive Committee. It has also set up an ESG Management Committee under the ESG Board Committee and ESG Executive Committee to implement various ESG-related work. Moreover, it has established corresponding ESG governance and management structures in each member company to promote ESG initiatives.
He also pointed out that Fosun must have a few guarantees: first is top-down awareness, Fosun must advocate ESG concepts across the organization; second is to set corresponding targets, Fosun have set mid- to long-term and short-term ESG development goals and investment goals for each core business; third is to have two means, the first means is financial guarantee, companies must have financial guarantee to incorporate new facilities and methods for ESG governance; the second means is innovation and technology, which is very important in the building of ESG.
Chen Qiyu concluded in his speech, "Fosun is committed to being innovation-driven, and establishing and endeavoring to achieve its new ESG goals. The Group strives to achieve carbon emissions peak by 2028 and carbon neutrality by 2050. Fosun must adhere to the fundamentals of its corporate culture, 'Self-improvement, Teamwork, Performance and Contribution to Society' to build business for good. Through the partnership system and the board's governance structure system, we accept the supervision and management of the corporate governance structure from all aspects of society. We hope to work with the society, regulators, and investors to continuously improve our corporate governance structure, and build Fosun into a sustainable organization in terms of technology, finance, social responsibility, governance, and the talent system," he said.
ESG Global Leaders Summit
The 2nd ESG Global Leaders Summit themed around "Promoting Global ESG Development, Building a Sustainable Future" was guided by the Department of Climate Change of the Ministry of Ecology and Environment, and was co-organized by Sina Finance and CITIC Press Group.
About Fosun
Founded in 1992, Fosun is a global innovation-driven consumer group dedicated to providing high-quality products and services for families around the world in Health, Happiness, Wealth, and Intelligent Manufacturing segments. In 2007, Fosun International Limited was listed on the main board of the Hong Kong Stock Exchange (stock code: 00656.HK). In 2021, Fosun International's total revenue was RMB161.3 billion and total assets amounted to RMB806.4 billion. Fosun International ranks No.589 on the 2022 Forbes Global 2000 List, with a MSCI ESG rating of AA.
View original content to download multimedia:
SOURCE Fosun | https://www.wibw.com/prnewswire/2022/07/08/fosun-actively-promotes-global-esg-development-acts-responsible-global-citizen/ | 2022-07-08T08:37:05Z |
NEW YORK, Aug. 30, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Molecular Partners AG (NASDAQ: MOLN) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Molecular Partners American Depositary Shares pursuant and/or traceable to certain documents issued in connection with the Company's initial public offering conducted on or about June 16, 2021; and/or (b) Molecular Partners securities between June 16, 2021, and April 26, 2022.
Lead Plaintiff Deadline: September 12, 2022
No obligation or cost to you.
Learn more about your recoverable losses in MOLN:
https://www.kleinstocklaw.com/pslra-1/class-action-molecular-partners-ag-loss-submission-form?id=31222&from=4
Molecular Partners AG NEWS - MOLN NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Molecular Partners AG made materially false and/or misleading statements and/or failed to disclose that: (i) the Company's product, ensovibep, was less effective at treating COVID-19 than defendants had led investors to believe; that (ii) accordingly, the the U.S. Food and Drug Administration ("FDA") was reasonably likely to require an additional Phase 3 study of ensovibep before granting the drug Emergency Use Authorization ("EUA"); (iii) waning global rates of COVID-19 significantly reduced the Company's chances of securing EUA for ensovibep; (iv) another of the Company's product candidates, MP0310, was less attractive to Molecular Partners' collaborator, Amgen, than defendants had led investors to believe; (v) accordingly, there was a significant likelihood that Amgen would return to global rights of MP0310 to Molecular Partners; (vi) as a result of all the foregoing, the clinical and commercial prospects of ensovibep and MP0310 were overstated; and (vii) as a result, documents issues in connection with the Company's initial public offer and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Molecular Partners you have until September 12, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Molecular Partners securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the MOLN lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/class-action-molecular-partners-ag-loss-submission-form?id=31222&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
View original content:
SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/08/30/moln-alert-klein-law-firm-announces-lead-plaintiff-deadline-september-12-2022-class-action-filed-behalf-molecular-partners-ag-shareholders/ | 2022-08-30T11:20:54Z |
FDA clears COVID booster shot for healthy kids ages 5 to 11
(AP) - U.S. regulators on Tuesday authorized a COVID-19 booster shot for healthy 5- to 11-year-olds, hoping an extra vaccine dose will enhance their protection as infections once again creep upward.
Everyone 12 and older already was supposed to get one booster dose for the best protection against the newest coronavirus variants -- and some people, including those 50 and older, can choose a second booster.
The Food and Drug Administration’s authorization now opens a third shot to elementary-age kids, too — at least five months after their last dose.
There is one more hurdle: The Centers for Disease Control and Prevention must decide whether to formally recommend the booster for this age group. The CDC’s scientific advisers are scheduled to meet on Thursday.
Pfizer’s shot is the only COVID-19 vaccine available for children of any age in the U.S. Those ages 5 to 11 receive one-third of the dose given to everyone 12 and older.
Whether elementary-age children need a booster has been overshadowed by parents’ outcry to vaccinate even younger tots, those under 5 -- the only group not yet eligible in the U.S. Both Pfizer and rival Moderna have been studying their shots in the youngest children, and the FDA is expected to evaluate data from one or both companies sometime next month.
For the 5- to 11-year-olds, it’s not clear how much demand there will be for boosters. Only about 30% of that age group have had the initial two Pfizer doses since vaccinations opened to them in November.
But in a small study, Pfizer found a booster revved up those kids’ levels of virus-fighting antibodies -- including those able to fight omicron -- the same kind of jump adults get from an extra shot.
While the coronavirus is more dangerous to adults than to children, youngsters can get severely ill -- and more than 350 children ages 5 to 11 have died, according to CDC’s count.
Adding to public confusion, the CDC estimates 3 out of every 4 U.S. children of all ages have been infected with the coronavirus since the pandemic’s start -- many of them during the winter omicron wave. Still, health authorities urge vaccination even in people who’ve previously had COVID-19, to strengthen their protection.
Vaccination may not always prevent milder infections, especially as omicron and its siblings are better than some prior variants at slipping past those defenses. But health authorities agree the vaccinations continue to offer strong protection against the worst outcomes of COVID-19, including hospitalization and death.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/17/fda-approves-covid-booster-children-ages-5-11/ | 2022-05-17T15:05:46Z |
NEW YORK, Aug. 26, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Kiromic BioPharma, Inc. (NASDAQ: KRBP).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/kiromic-biopharma-inc-loss-submission-form/?id=31169&from=4
This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Kiromic common stock issued in connection with the Company's public offering that closed on July 2, 2021 and/or (b) Kiromic common stock between June 25, 2021 and August 13, 2021, both dates inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until October 4, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
The complaint alleges that the registration statement and prospectus issued in connection with the Company's public offering that closed on July 2, 2021 (the "Offering Documents") failed to disclose that the Food and Drug Administration ("FDA") had, prior to the filing of these documents, imposed a clinical hold on the Company's Investigational New Drug ("IND") applications for its two new drug candidates. Given that the offering closed on July 2, 2021, more than thirty (30) days after the Company submitted the IND applications for its two immunotherapy product candidates, investors were assured that no clinical hold had been issued and clinical trials would commence.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
View original content:
SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/08/26/krbp-shareholder-alert-jakubowitz-law-reminds-kiromic-shareholders-lead-plaintiff-deadline-october-4-2022/ | 2022-08-26T10:50:18Z |
LOS ANGELES, Sept. 6, 2022 /PRNewswire/ -- Dave Inc. (NASDAQ: DAVE, DAVEW), a banking app on a mission to build products that level the financial playing field, today announced that Chien-Liang Chou has been named Chief Technology Officer, effective immediately.
Mr. Chou previously served as Executive Vice President of Engineering at Dave, a position he held since 2020. In this role, he led the engineering, data, infrastructure, security and information technology teams, spearheading various data initiatives resulting in greater efficiencies and a better member experience. He has brought to Dave more than 20 years of experience developing software and technology platforms, with significant expertise in infrastructure buildouts, automation, machine learning, and more.
"Chien-Liang has been one of our greatest assets, instrumental in the buildout not only of our technology platform, but in the products and services we have been able to offer our members," stated Dave Co-founder and CEO Jason Wilk. "He continues to take on an increasingly important role and will play a big part in shaping our technology architecture going forward as we grow and scale. His dedication to Dave and the millions of members served has not gone unnoticed and I look forward to working with him and his team as we deliver the best banking and customer experience for our members."
Before joining Dave, Mr. Chou served as Vice President of Engineering with Flexport, where he managed all technology hubs both domestically and abroad, driving next-generation tech platforms to help scale their business. Previously, he served as VP, Technology with LendingClub Corporation, where he led the Loan Services Platform and Investor groups. While with LendingClub, Mr. Chou was instrumental in the buildout and implementation of cloud migration and micro-services, and the Company's next-gen platform, LendingClub 2.0. Earlier in his career, he held leadership positions and various technology roles with Stockpile, LOYAL3, Salesforce.com, and FirstRain.
"I am grateful for this opportunity and the recognition of my peers and will continue to give my all to develop the best technology platform and tools in our industry that will benefit Dave and the members we serve," stated Mr. Chou. "Our mission is what drives my team and we will continue to collaborate with all departments to ensure we have the best infrastructure in place that can support our growth, while continuing to improve the member experience."
Mr. Chou will work closely with Dave's leadership to develop and execute the long-term plan and vision for Dave's technology architecture, scaling its software and systems, and building out the Company's technology team.
Dave is a banking app on a mission to build products that level the financial playing field. Dave's financial tools, including its debit card and spending account, help millions of customers bank, budget, avoid overdraft fees, find work and build credit. For more information, visit www.dave.com.
This press release includes forward-looking statements, which are subject to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as "feel," "believes," expects," "estimates," "projects," "intends," "should," "is to be," or the negative of such terms, or other comparable terminology and include, among other things, the quotations of our Chief Executive Officer and statements regarding Dave's future performance and other future events that involve risks and uncertainties. Such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to many factors, including, but not limited to: the ability of Dave to compete in its highly competitive industry; the ability of Dave to keep pace with the rapid technological developments in its industry and the larger financial services industry; the ability of Dave to manage its growth as a public company; disruptions to Dave's operations as a result of becoming a public company; the ability of Dave to remediate material weaknesses in Dave's internal controls over financial reporting and maintain an effective system of internal control over financial reporting; the ability of Dave to protect intellectual property and trade secrets; changes in applicable laws or regulations and extensive and evolving government regulations that impact operations and business; the ability to attract or maintain a qualified workforce; level of product service failures that could lead Dave members to use competitors' services; investigations, claims, disputes, enforcement actions, litigation and/or other regulatory or legal proceedings; the effects of the COVID-19 pandemic on Dave's business; the possibility that Dave may be adversely affected by other economic, business, and/or competitive factors; and those factors discussed in Dave's Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") on March 25, 2022 and subsequent Quarterly Reports on Form 10-Q under the heading "Risk Factors," filed with the SEC and other reports and documents Dave files from time to time with the SEC. Any forward-looking statements speak only as of the date on which they are made, and Dave undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.
Contacts
View original content to download multimedia:
SOURCE Dave Inc. | https://www.mysuncoast.com/prnewswire/2022/09/06/dave-announces-appointment-chien-liang-chou-its-new-chief-technology-officer/ | 2022-09-06T13:02:04Z |
E7 Solutions listed in the top 5 fastest-growing IT services in Detroit-based companies
TROY, Mich., Aug. 16, 2022 /PRNewswire/ -- Today, Inc. revealed that E7 Solutions is on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. E7 Solutions was listed among 36 companies in Detroit, 72 companies in Michigan, and 371 companies in IT services. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"We're excited to be part of the 2022 Inc. 5000 list," said Jon May, E7 Solutions, COO and Integrator. "We really appreciate this recognition of growth and are proud of this achievement."
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
E7 Solutions is an Atlassian Cloud Specialized, Platinum Solution Partner that works with medium to enterprise organizations to create robust digital transformations as they relate to cloud migrations and modernized ITSM approaches. The team's full-service approach results in realizing revenue faster, maximizing the return on investment, and enabling continuous innovation and improvement. www.e7solutions.com
Headquartered in Troy, MI, E7 Solutions also has offices in Chicago, IL, Madison, WI, Minneapolis, MN, Rochester Hills, MI, and Austin, TX.
Connect with E7 Solutions on LinkedIn, Facebook, Twitter, and YouTube.
Contact: Ashleigh Laabs
989-780-4090 cell/text
View original content to download multimedia:
SOURCE E7 Solutions | https://www.kxii.com/prnewswire/2022/08/16/e7-solutions-named-inc-5000-list-fastest-growing-private-companies/ | 2022-08-16T20:11:11Z |
HONG KONG, July 12, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced that the Company entered into a share sale and purchase agreement (the "Sale and Purchase Agreement") with an unaffiliated third party (the "Buyer"), pursuant to which the Company agreed to sell, and the Buyer agreed to purchase approximately 51% of the total issued share capital of Loto Interactive Limited ("Loto Interactive"), representing 279,673,200 shares of Loto Interactive at the price of HK$0.28 per share (the "Sale Price") for the total consideration of HK$78,308,496 (the "Transaction"). After the Transaction, the Company's share ownership in Loto Interactive will decrease to 8.79%.
The Transaction is subject to the satisfaction of the conditions set out in the Sale and Purchase Agreement. In addition, the terms of the Transaction may be amended further subject to comments from the applicable regulatory authorities as necessary.
"Following our strategy to focus on developing in the U.S., we believe this is the right decision to sell a majority of our shares of Loto Interactive and devote our resources more extensively to the North American market," commented Mr. Xianfeng Yang, CEO of the Company. "Going forward, with the North American market as our center of excellence, we will continue to invest in technology, innovation, and high-quality mining resources worldwide. At the same time, we will constantly improve operational efficiency as we expand our business to build a strong foundation across the cryptocurrency ecosystem."
About BIT Mining
BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool, and data center operation. The Company owns the world's top blockchain browser BTC.com and the comprehensive mining pool business operated under BTC.com, providing multi-currency mining services including BTC, ETH and LTC. The Company also owns a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing, completing the Company's vertical integration with its supply chain, increasing its self-sufficiency and strengthening its competitive position.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "going forward," "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Important factors that could cause BIT Mining's actual results to differ materially from those indicated in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
For further information:
BIT Mining Limited
ir@btcm.group
ir.btcm.group
www.btcm.group
The Piacente Group, Inc.
Brandi Piacente
Tel: +1 (212) 481-2050
Email: BITMining@thepiacentegroup.com
View original content:
SOURCE BIT Mining Limited | https://www.wibw.com/prnewswire/2022/07/12/bit-mining-announces-sale-shares-loto-interactive-limited/ | 2022-07-12T12:00:40Z |
The combination of heat and humidity would have quickly created life-threatening conditions inside the packed, un-air-conditioned tractor-trailer where dozens of migrants were found dead, an expert said.
Although it’s unclear how long the people had been inside the trailer, it likely would only take an hour or less for temperatures to climb as high as 125 degrees Fahrenheit (51 Celsius) or hotter, said Jennifer Vanos, an assistant professor in climate and health at Arizona State University who has studied child deaths in cars.
The death toll rose to 53 on Wednesday, two days after the tractor-trailer — packed with more than 60 people — was found abandoned on the edge of San Antonio, marking the nation’s deadliest smuggling episode on the U.S.-Mexico border.
WHAT MADE THE SITUATION SO DANGEROUS?
The tractor-trailer likely would have been hot – perhaps 105-110 degrees – when people got in because the outdoor heat and humidity already were high, Vanos said.
Once inside, their bodies would have created even more heat and humidity, and because there was no air flow, their sweat could not evaporate to cool their bodies and they would dehydrate quickly. The migrants did not have water.
“All those things together are going to drive a quicker heat death,” Vanos said.
It can take less than one hour for a car left in the sun to heat up from air-conditioned temperatures to 125 degrees, partly because windows create a greenhouse effect, said Vanos. Though the tractor-trailer was windowless, the temperature inside could have reached 125-130 degrees fairly quickly because of the number of people and because the trailer would have continued absorbing heat from the sun, she said.
It’s unclear when or where the migrants boarded the truck, but Homeland Security investigators believe they got on near or in Laredo, on U.S. soil, about two hours from San Antonio, U.S. Rep. Henry Cuellar told The Associated Press Wednesday. It’s also unclear how long the trailer was sitting in San Antonio.
HOW LONG COULD THEY HAVE SURVIVED?
That depends on their health and other factors, including age, medications and their clothing, Vanos said.
Heatstroke can set in when body temperature exceeds 104 degrees, and organs can begin to fail when the body’s core temperature reaches a critical high of 107-108 degrees, Vanos said. But cardiovascular failure could happen at a lower body temperature if someone has a pre-existing heart or cardiovascular disease.
Some people also might have died of renal collapse, especially if they had existing kidney disease, because the lack of water led to dehydration, she said.
Some of the more than a dozen people transported to hospitals were suffering from injuries such as brain damage and internal bleeding, according to Rubén Minutti, the Mexico consul general in San Antonio. Several people died at the hospital. Vanos said that indicates their body couldn’t regulate its temperature and the organs were already failing. | https://cw33.com/news/u-s-news/ap-us-headlines/explainer-heat-humidity-a-perilous-mix-in-immigrant-deaths/ | 2022-06-30T17:39:45Z |
Leading Global Education Technology Products Recognized for Transforming Education in Schools Around the World
BOSTON, Mass., July 5, 2022 /PRNewswire/ -- Texthelp, an international leader in literacy and digital learning tools for education, today announced that it was honored to receive two "Best of Show" awards from Tech & Learning, a leading publication in the education technology market, at the ISTELive 22 Conference held last week. The awards recognized the excellence of Texthelp's two edtech tools, OrbitNote, a web app that makes PDFs more accessible from right inside the document, and Equatio, a digital tool that makes math and STEM classes more accessible and engaging for every student.
The "Best of Show" awards, presented by Tech & Learning, celebrate the products – and businesses behind each one – that are transforming education in schools around the world. Each year, Tech & Learning recognizes exhibitors at ISTELive who show the greatest promise to the industry, according to the U.S.'s most tech-savvy and knowledgeable educators.
"We are honored to receive this recognition from Tech & Learning for our efforts in creating solutions for transforming education," said Martin McKay, Founder and CEO of Texthelp. "We've always understood that digital learning tools play a vital role in our constantly evolving education system. We dedicate significant time and resources to ensure we produce useful, innovative edtech tools that can be used by students and educators around the world. I'm grateful every day for the teams involved in designing, developing, and promoting these products."
At the Conference, Texthelp announced the upcoming release of its new industry report titled, "Inclusion: The Key to the Future of Education," as a call to action for the U.S. education landscape. McKay authored the paper and shares his viewpoint on the importance of creating and maintaining an inclusive classroom for all learners. The POV paper will be available on the Texthelp website in the coming weeks.
For more information about the award and the full list of 2022 winners, visit the Tech & Learning website.
About Texthelp®
Founded in 1996, the Texthelp Group is a global technology company helping people all over the world to understand and to be understood. It has led the way in creating innovative technology for the education and workplace sectors for the last three decades.
Texthelp believes in a world where difference, disability or language are no longer barriers. It is focused on helping all people learn, understand, and communicate through the use of digital education and accessibility tools.
With over 50 million users worldwide, the Texthelp suite of products includes Read&Write, EquatiO®, WriQ®, OrbitNote®, ReachDeck® and FluencyTutor® which work alongside existing platforms such as Microsoft Office and G-suite, enabling them to be integrated quickly into any classroom or workplace with ease.
In 2021, Texthelp acquired the Lingit Group, Wizkids and Don Johnston Inc. By combining capabilities and knowledge across the group, Texthelp can now provide a whole suite of literacy and numeracy support to a greater number of end-users across more geographies. To learn more about Texthelp, visit www.texthelp.com.
Media Contact:
Sydney Stressman
0to5 for Texthelp
sstressman@0to5.com
609-238-6663
View original content to download multimedia:
SOURCE Texthelp | https://www.kxii.com/prnewswire/2022/07/05/texthelps-edtech-tools-orbitnote-equatio-honored-with-tech-amp-learnings-best-show-award-istelive-2022/ | 2022-07-05T13:09:35Z |
Jacy Nittolo remembers ‘deep love’ with fiancé Ray Liotta
By Zoe Sottile, CNN
Ray Liotta’s fiancée, Jacy Nittolo, penned an emotional tribute to the late actor days after his death in the Dominican Republic.
“My life these past couple of years have been nothing but truly magical,” wrote Nittolo in an Instagram post published Saturday. “Ray and I share a deep love that I will cherish in my heart forever.”
“We laughed daily and we were inseparable. The chemistry was wild in the best way,” she said. “He was everything in the world to me and we couldn’t get enough of each other. The kind of real love that one dreams of.”
“He was the most beautiful person inside and out that I’ve ever known…and even that is an understatement.”
Nittolo also posted several photos of herself with the “Goodfellas” star.
Liotta announced the couple’s engagement on Instagram in December 2020, writing that he “asked the love of my life to marry me, and thank God she said yes!”
Liotta died aged 67 in his sleep on Thursday while working on a film called “Dangerous Waters,” according to his publicist.
In addition to Nittolo, he is survived by his daughter, Karsen, from his seven-year marriage to actress Michelle Grace.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/29/jacy-nittolo-remembers-deep-love-with-fiance-ray-liotta/ | 2022-05-29T16:37:41Z |
NEW YORK (AP) — A group of inter-generational stars from film, TV, sports and music — including Bruce Springsteen, Hugh Jackman, Elton John, Jon Bon Jovi, Jonas Brothers and Billie Eilish — have signed up for a social media campaign to show support for Ukraine.
The Global Citizen-organized social media rally Friday urges governments, institutions, corporations and individuals to help fund humanitarian efforts in Ukraine and other regions of the world. Celebrities are being asked to use their social media accounts to publicize the effort, using the hashtag #StandUpForUkraine.
Springsteen posted a video on social media Friday to show his support: “Refugees in Ukraine and around the world need our help now,” he said. “Everyone deserves safe and humane living conditions.” Barbra Streisand tweeted a link to Global Citizen and wrote: “I supported and hope you will too.”
The list of participants also includes The Weeknd, Alanis Morissette, Alejandro Sanz, Angélique Kidjo, Annie Lennox, Billy Joel, Celine Dion, Chris Isaak, Chris Rock, Demi Lovato, FINNEAS, Garth Brooks and Trisha Yearwood, Green Day, Carole King, Jon Batiste, Juanes, Kacey Musgraves, Katy Perry, Leon Bridges, Luke Combs, Madonna, Miley Cyrus, Pearl Jam, Pharrell Williams, Priyanka Chopra Jonas, Radiohead, Red Hot Chili Peppers, Shaquille O’Neal, Stevie Nicks, Stevie Wonder, Weezer, 5 Seconds of Summer, Dave Matthews, Radiohead, Miley Cyrus, Tame Impala, U2 and Usher.
Celine Dion took to Instagram to upload a video of support with a caption in English and French that said: “I’m calling in world leaders to help all those who are forced to leave their homes.” Ellen DeGeneres in her own video urged world leaders to “do the right thing and contribute the billions they need.”
The campaign has also been joined by players for the NBA’s Sacramento Kings, Toronto Raptors and Memphis Grizzlies, the band Metallica, Billy Porter, Julian Lennon, Adam Lambert, Luis Fonsi, Måneskin, Padma Lakshmi, Weezer and Rita Ora.
Lenny Kravitz posted a photo of himself on Twitter holding a sign that read, in part, “Let love rule, not war.” Ozzy Osbourne and his wife, Sharon, posted a video of support and a plea: “We’re asking everyone who sees this to amplify this call.”
The campaign takes place a day before a pledging conference Saturday co-hosted by European Commission President Ursula Von Der Leyen and Canadian Prime Minister Justin Trudeau.
__
Mark Kennedy is at http://twitter.com/KennedyTwits | https://cw33.com/entertainment-news/ap-entertainment/celebrities-go-online-to-voice-support-for-ukraine/ | 2022-04-09T14:05:20Z |
Record Net Revenue of $299 Million Climbs 15% Over Prior Year Period
Diluted and Adjusted Diluted EPS of $1.19; Adjusted Diluted EPS Highest in Company History
Highest Second Quarter Cash Balance of $337 Million
CHICAGO, July 25, 2022 /PRNewswire/ --Today Heidrick & Struggles International, Inc. (Nasdaq: HSII) ("Heidrick & Struggles" or the "Company") announced financial results for its second quarter ended June 30, 2022.
Second Quarter Highlights:
- Net revenue reached a record $298.7 million, an increase of 14.9% versus the prior year period
- Operating income increased to $33.9 million, 18.0% higher than the prior year period
- Net income and adjusted net income were $24.1 million; diluted and adjusted diluted earnings per share were $1.19; year-to-date diluted earnings per share reached a record $2.08
- Adjusted EBITDA was $36.8 million and adjusted EBITDA margin was 12.3%
- Cash and cash equivalents was $336.6 million, 41.5% higher than at June 30, 2021
"Our firm generated all-time high quarterly revenue and delivered another very strong margin performance," stated Heidrick & Struggles' President and Chief Executive Officer, Krishnan Rajagopalan. "As companies adopt revolutionary new ways of working and make stronger than ever commitments to DE&I, purpose and sustainability, our firm is transforming and building a virtuous cycle of leadership offerings, including new digital leadership solutions, that address our clients' evolving and most critical needs. Each of these offerings drives interconnectivity through our One Heidrick approach, while leveraging our unique assets – Executive Search, On-Demand Talent, Heidrick Consulting. Our differentiated strategy is working, and we are already starting to benefit from an increasingly diversified business with expanding cross-collaboration opportunities that drive our clients' success and create long-term shareholder value."
2022 Second Quarter Results
Record consolidated net revenue of $298.7 million grew by $38.7 million, or 14.9%, compared to prior record consolidated net revenue of $260.0 million in the 2021 second quarter. Excluding the impact of exchange rate fluctuations, which negatively impacted results by 3.3%, or $8.5 million, consolidated net revenue increased 18.2%, or $47.2 million. Net revenue growth was driven by the Americas and Europe in Executive Search, as well as growth across Heidrick Consulting and On-Demand Talent.
Executive Search net revenue of $253.9 million increased by $29.8 million, or 13.3%, compared to net revenue of $224.1 million in the 2021 second quarter. Excluding the impact of exchange rate fluctuations, which negatively impacted results by 3.3%, or $7.3 million, net revenue increased 16.6%, or $37.1 million. Net revenue increased 19.4% in the Americas (up 19.3% on a constant currency basis), increased 7.2% in Europe (up 20.2% on a constant currency basis), and decreased 6.5% in Asia Pacific (down 1.4% on a constant currency basis). All industry practices exhibited growth compared to the prior year, except for Healthcare & Life Sciences.
The Company had 388 Executive Search consultants at June 30, 2022, compared to 369 at June 30, 2021. Productivity, as measured by annualized Executive Search net revenue per consultant, was $2.6 million up from $2.4 million in the 2021 second quarter. Average revenue per executive search was approximately $152,600, up from $132,700 a year earlier. The number of confirmed searches decreased 1.5% compared to the year-ago period.
On-Demand Talent net revenue of $22.4 million increased by $3.6 million, or 19.4%, compared to net revenue of $18.7 million in the 2021 second quarter. This was generated by an increase in average project size reflecting strategic initiatives to expand and penetrate key accounts, along with an increase in project extensions.
Heidrick Consulting net revenue of $22.4 million increased by $5.3 million, or 31.0%, compared to net revenue of $17.1 million in the 2021 second quarter. The Company had 66 Heidrick Consulting consultants at June 30, 2022, compared to 65 at June 30, 2021.
Consolidated salaries and benefits were $207.7 million compared to $186.1 million in the 2021 second quarter. Year-over-year, fixed compensation expense decreased $6.6 million due to the deferred compensation plan, stock compensation, and talent acquisition and retention costs, partially offset by an increase in base salaries and payroll taxes. Variable compensation increased $28.3 million year-over-year due to an increase in production. Salaries and benefits expense was 69.5% of net revenue for the quarter, compared to 71.6% in the 2021 second quarter.
General and administrative expenses were $35.2 million compared to $27.4 million in the 2021 second quarter. The increase was primarily due to internal travel expense, specifically the Company's global consultants' conference, and professional, IT and hiring fees, partially offset by a decrease in taxes and licenses. As a percentage of net revenue, general and administrative expenses were 11.8% compared to 10.5% in the 2021 second quarter.
The Company's cost of services was $17.4 million, or 5.8% of net revenue for the quarter, compared to $14.7 million, or 5.6% of net revenue in the 2021 second quarter, primarily related to On-Demand Talent and an increase in the volume of consulting engagements.
Research and development, a new category of expense that captures expenses associated with new digital product development efforts, was $4.5 million, or 1.5% of net revenue for the quarter. Consistent with all investments, research and development is subject to the Company's return on investment criteria.
Operating income was $33.9 million, or 18.0% higher than $28.7 million in the 2021 second quarter. Operating income margin was 11.3% up from 11.0% in the 2021 second quarter. Year-ago results included a $3.2 million restructuring charge related to the timing of office closures associated with the Company's real estate strategy. Excluding this charge, adjusted operating income in the 2021 second quarter was $31.9 million and adjusted operating income margin was 12.3%.
Net income was $24.1 million and diluted earnings per share was $1.19, with an effective tax rate of 30.9%. This compares to net income of $20.8 million and diluted earnings per share of $1.03, with an effective tax rate of 34.6%, in the 2021 second quarter. Excluding the aforementioned restructuring charge in the 2021 second quarter, adjusted net income was $22.9 million and adjusted diluted earnings per share was $1.14, with an effective tax rate of 34.5%.
Adjusted EBITDA was $36.8 million compared to $39.2 million in the 2021 second quarter. Adjusted EBITDA margin was 12.3%, compared to 15.1% in the 2021 second quarter.
Net cash used in operating activities was $179.5 million, compared to net cash used in operating activities of $52.3 million in the 2021 second quarter. Cash and cash equivalents at June 30, 2022 was $336.6 million, compared to $545.2 million at December 31, 2021 and $237.8 million at June 30, 2021. The Company's cash position typically builds throughout the year as employee bonuses are accrued, mostly to be paid out in the first quarter. There was no debt on the balance sheet at June 30, 2022, providing the Company financial flexibility.
2022 Six Months Results
For the six months ended June 30, 2022, consolidated net revenue was $582.6 million compared to $453.6 million in the first six months of 2021. Excluding the impact of exchange rate fluctuations, which negatively impacted results by 2.7%, or $12.3 million, consolidated net revenue increased 31.1%, or $141.2 million, compared to the prior year period.
Executive Search net revenue in the first six months of 2022 increased 23.0%, or $92.7 million, to $496.5 million from $403.8 million in the first six months of 2021. Excluding the impact of exchange rate fluctuations, which negatively impacted results by 2.7%, or $10.8 million, net revenue increased 25.6%, or $103.5 million. Net revenue increased 28.3% in the Americas (increased 28.2% on a constant currency basis), increased 18.6% in Europe (increased 28.9% on a constant currency basis), and increased 4.7% in Asia Pacific (increased 9.2% on a constant currency basis). All industry practices exhibited growth over the prior year, except for Healthcare & Life Sciences. Productivity was $2.6 million for the first six months of 2022 compared to $2.2 million in the first six months of 2021. The average revenue per executive search was $137,100 in the first six months of 2022 compared to $123,100 the same period in 2021, while confirmations increased 10.5%.
On-Demand Talent net revenue in the first six months of 2022 was $45.7 million compared to $18.7 million in the same period of 2021. The increase in net revenue was primarily due to the timing of the acquisition in the prior year and an increase in the average project size.
Heidrick Consulting net revenue in the first six months of 2022 increased 29.5%, or $9.2 million, to $40.4 million from $31.2 million in the first six months of 2021. Excluding the impact of exchange rate fluctuations, which negatively impacted results by 4.5%, or $1.4 million, Heidrick Consulting revenue increased 34.0%, or $10.6 million, compared to the prior year period.
Operating income for the first six months of 2022 was $64.1 million compared to operating income of $48.3 million in the same period of 2021. The operating income margin was 11.0% compared to 10.7% in the first six months of 2021. Excluding the restructuring charge recorded in the 2021 year-to-date period, adjusted operating income was $55.4 million and adjusted operating income margin was 12.2%.
Net income for the first six months of 2022 was $42.6 million and diluted earnings per share was $2.08, with an effective tax rate of 32.2%. This compares to net income of $35.6 million and diluted earnings per share of $1.76 in the first six months of 2021. Excluding the restructuring charge recorded in the 2021 year-to-date period, adjusted net income was $40.3 million and adjusted diluted earnings per share was $2.00. The adjusted effective tax rate was 34.6% in the 2021 year-to-date period.
Adjusted EBITDA for the first six months of 2022 was $72.5 million and adjusted EBITDA margin was 12.4%, compared to adjusted EBITDA of $69.0 million and adjusted EBITDA margin of 15.2% for the same period in 2021.
Dividend
The Board of Directors declared a 2022 third quarter cash dividend of $0.15 per share payable on August 19, 2022, to shareholders of record at the close of business on August 5, 2022.
2022 Third Quarter Outlook
The Company expects 2022 third quarter consolidated net revenue of between $260 million and $270 million, while acknowledging that some continued fluidity in external factors such as foreign conflicts, inflation, the interest rate and foreign exchange rate environments may impact quarterly results. In addition, this outlook is based on the average currency rates in June 2022 and reflects, among other factors, management's assumptions for the anticipated volume of new Executive Search confirmations, On-Demand Talent projects, and Heidrick Consulting assignments, consultant productivity, consultant retention, and the seasonality of the business, along with the current backlog.
Quarterly Webcast and Conference Call
Heidrick & Struggles will host a conference call to review its second quarter results today, July 25, 2022 at 5:00 pm Eastern Time. Participants may access the Company's call and supporting slides through its website at www.heidrick.com or by dialing (888) 440-4091 or (646) 960-0846, conference ID# 6106012. For those unable to participate on the live call, a webcast and copy of the slides will be archived at www.heidrick.com and available for up to 30 days following the investor call.
About Heidrick & Struggles International, Inc.
Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global leadership advisory and on-demand talent solutions, serving the senior-level talent and consulting needs of the world's top organizations. In our role as trusted leadership advisors, we partner with our clients to develop future-ready leaders and organizations, bringing together our services and offerings in executive search, diversity and inclusion, leadership assessment and development, organization and team acceleration, culture shaping and on-demand, independent talent solutions. Heidrick & Struggles pioneered the profession of executive search more than 65 years ago. Today, the firm provides integrated talent and human capital solutions to help our clients change the world, one leadership team at a time. ® www.heidrick.com
Non-GAAP Financial Measures
To supplement the financial results presented in accordance with generally accepted accounting principles in the United States ("GAAP"), Heidrick & Struggles presents certain non-GAAP financial measures. A "non-GAAP financial measure" is defined as a numerical measure of a company's financial performance that excludes or includes amounts different than the most directly comparable measure calculated and presented in accordance with GAAP in the statements of comprehensive income, balance sheets or statements of cash flow of the Company.
The non-GAAP financial measures used within this earnings release are adjusted operating income, adjusted operating income margin, adjusted net income, adjusted basic and diluted earnings per share, adjusted effective tax rate, adjusted EBITDA, adjusted EBITDA margin, and consolidated and segment net revenue excluding the impact of exchange rate fluctuations. These measures are presented because management uses this information to monitor and evaluate financial results and trends. Management believes this information is also useful for investors to evaluate the comparability of financial information presented. Reconciliations of these non-GAAP financial measures to the most directly comparable measures calculated and presented in accordance with GAAP are provided as schedules attached to this release.
Adjusted operating income reflects the exclusion of restructuring charges.
Adjusted operating income margin refers to adjusted operating income as a percentage of net revenue in the same period.
Adjusted net income and adjusted diluted earnings per share reflect the exclusion of restructuring charges, net of tax.
Adjusted effective tax rate reflects the exclusion of restructuring charges, net of tax.
Adjusted EBITDA refers to earnings before interest, taxes, depreciation, intangible amortization, equity-settled stock compensation expense, earnout accretion, contingent compensation related to acquisitions, deferred compensation plan income and expense, restructuring charges, and other non-operating income (expense).
Adjusted EBITDA margin refers to adjusted EBITDA as a percentage of net revenue in the same period.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding guidance for the third quarter of 2022. The forward-looking statements are based on current expectations, estimates, forecasts, and projections about the industry in which we operate and management's beliefs and assumptions. Forward-looking statements may be identified by the use of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "outlook," "projects," "forecasts," and similar expressions. Forward-looking statements are not guarantees of future performance, rely on a number of assumptions, and involve certain known and unknown risks and uncertainties that are difficult to predict, many of which are beyond our control. Factors that may cause actual outcomes and results to differ materially from what is expressed, forecasted, or implied in the forward-looking statements include, among other things, the impacts, direct and indirect, of the COVID-19 pandemic (including the emergence of variant strains) on our business, our consultants and employees, and the overall economy; the impact on the global or a regional economy due to the outbreak or escalation of hostilities or war; leadership changes, our ability to attract, integrate, develop, manage and retain qualified consultants and senior leaders; our ability to prevent our consultants from taking our clients with them to another firm; our ability to maintain our professional reputation and brand name; the fact that our net revenue is affected by adverse economic conditions; our clients' ability to restrict us from recruiting their employees; the aggressive competition we face; our heavy reliance on information management systems; the fact that we face the risk of liability in the services we perform; the fact that data security, data privacy and data protection laws and other evolving regulations and cross-border data transfer restrictions may limit the use of our services and adversely affect our business; social, political, regulatory and legal risks in markets where we operate; any challenges to the classification of our on-demand talent as independent contractors; the impact of foreign currency exchange rate fluctuations; the fact that we may not be able to align our cost structure with net revenue; unfavorable tax law changes and tax authority rulings; our ability to realize our tax losses; the timing of the establishment or reversal of valuation allowance on deferred tax assets; any impairment of our goodwill, other intangible assets and other long-lived assets; our ability to execute and integrate future acquisitions; the fact that we have anti-takeover provisions that make an acquisition of us difficult and expensive; our ability to access additional credit; and the increased cybersecurity requirements, vulnerabilities, threats and more sophisticated and targeted cyber-related attacks that could pose a risk to our systems, networks, solutions, services and data. We caution the reader that the list of factors may not be exhaustive. For more information on these risks, uncertainties and other factors, refer to our Annual Report on Form 10-K for the year ended December 31, 2021, under the heading "Risk Factors" in Item 1A, as updated in Part II of our subsequent Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date of this press release. We undertake no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
Investors & Analysts:
Suzanne Rosenberg, Vice President, Investor Relations
srosenberg@heidrick.com
Media:
Nina Chang, Vice President, Corporate Communications
nchang@heidrick.com
View original content:
SOURCE Heidrick & Struggles International, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/25/heidrick-amp-struggles-posts-record-quarterly-results/ | 2022-07-25T21:53:09Z |
MTV VMAs ready to host, honor some of music’s biggest acts
NEW YORK (AP) — The MTV Video Music Awards are back Sunday with some of the biggest names in music vying for the network’s fabled Moon Person statue.
Lil Nas X, Jack Harlow and Kendrick Lamar are tied for leading nominees with seven apiece. Harlow and Lil Nas X’s collaboration “Industry Baby” propelled their nominations, landing them in competition for artist of the year along with Drake, Bad Bunny, Ed Sheeran, Harry Styles and Lizzo.
Closely behind are Harry Styles and Doja Cat, who received six nominations apiece, while Sheeran, Billie Eilish, Drake, Dua Lipa, Taylor Swift and The Weeknd each have five.
Harlow is pulling double duty, joining LL Cool J and Nicki Minaj as the show’s emcees. The VMAs are being being held at the Prudential Center in Newark, New Jersey, and will air beginning at 8 p.m. Eastern.
Minaj will perform hits from throughout her career and accept the show’s video vanguard award, which MTV has said she’s receiving for her artistry, barrier-breaking hip-hop and status as a global superstar. The honor is named after Michael Jackson.
Eminem, Snoop Dogg, the Red Hot Chili Peppers and Bad Bunny are also set to perform
Madonna, who is the most awarded artist in MTV history with 20 wins, becomes the only artist to receive a nomination in each of the VMAs’ five decades. She earned her 69th nomination for her 14th studio album “Madame X.”
Lamar returns to the VMAs as a nominee for the first time since 2018, with nods for best hip-hop, direction, visual effects, editing, and a category known as video for good, while his songs “family ties” and “N95″ are competing for best cinematography.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/28/mtv-vmas-ready-host-honor-some-musics-biggest-acts/ | 2022-08-28T20:09:14Z |
TORONTO, July 8, 2022 /PRNewswire/ - Vena, the Complete Planning platform loved by finance and trusted by business, today announced that Vena CMO Allison Munro has been appointed Chief Marketing & Ecosystem Officer with a mandate to drive finance-led transformation and elevate the strategic office of finance through the combined power of Vena's product, partners and community.
Business agility has never been more important for organizations than it is today with rapid change and constant uncertainty underpinning an increasingly complex business environment. In her new role, Munro, previously Vena's CMO, will work cross-functionally to connect Vena's partner network, services, lines of business, intellectual property and community advocacy to extend the value of the Vena platform, empower the strategic office of finance to navigate businesses through these challenges and accelerate the growth of Vena customers and partners.
"Vena Partners are an indispensable part of our business as they extend our brand and platform value, and support our mission to transform how businesses Plan To Grow with their deep product and solutions expertise," said Vena CEO Hunter Madely. "Allison brings the passion, perspective and leadership we need to align resources and unlock the full potential of our partner channel as we build the industry's most influential ecosystem."
Working in close collaboration with leading Vena Partner organizations, including Microsoft, BDO, Finext, Fluence, Prolytics, the Kansas City Chiefs and more, Munro will orchestrate an ecosystem built on cooperative platform innovation, solution integration and go-to-market channel alignment across sales and marketing via co-selling and Vena's digital community on plantogrow.com.
"At its core, ecosystem growth is about aligning product, channels and community to accelerate growth, and over the last two years, Vena has built a thriving partner network and digital community that integrate into our product-led motion and demand programs," said Munro. "I am excited to continue driving this growth forward with a focus on finding new and innovative ways to bring our partners, product and community together to drive interconnected and customer-centric value through our growing ecosystem."
Munro will also preside over the ongoing development of the Vena Partner Program, which will continue to invest in the growth of Vena Partners through services, training and enablement.
Click here to learn more about the Vena Partner Program.
Vena is the only native Excel Complete Planning platform built for Microsoft 365 with Power BI Embedded. Vena transforms how business, finance and operations leaders Plan To Grow™ with the Vena Growth Engine, the SaaS platform and methodology that empowers and inspires your plans and guides your growth journey. Over 1,200 of the world's leading companies power their growth with Vena. For more information, visit venasolutions.com.
View original content:
SOURCE Vena Solutions | https://www.kxii.com/prnewswire/2022/07/08/vena-appoints-allison-munro-chief-marketing-amp-ecosystem-officer-accelerate-customer-partner-growth/ | 2022-07-08T14:17:39Z |
- Achieved record quarterly net revenues of $10.58 million, a 96% increase from Q1 2021, and a 12% increase from Q4 2021
- Improved gross margin (before changes in fair value) to 35% from 32% in Q4 2021, and from 1% in Q1 2021
- Continued to decrease costs, with general and administrative expenses of $3.92 million, a 14% decrease versus Q4 2021
- Subsequent to March 31, 2022, amended the secured revolving facility (the "Revolver Loan"), increasing the term portion by $4.0 million to $24.0 million
TORONTO, May 25, 2022 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (CSE: TGOD) (OTC: TGODF), a sustainable global cannabis company, reports its financial results for the quarter ended March 31, 2022. These filings are available for review on the Company's SEDAR profile at www.sedar.com. All financial information is provided in Canadian dollars except where otherwise indicated.
Management Commentary:
"We continued our momentum from Q4 2021 with strong Q1 2022 results, including another record month in March. These results can be attributed to the launch of new products and our existing products gaining further traction, affirming the strategic approach we have taken," commented Sean Bovingdon, CEO of TGOD. "In addition to continuing to increase our retail distribution by investing in building relationships with the retail cannabis chains to expand distribution, we are preparing for future growth. We remain on track to achieve breakeven EBITDA on a monthly basis in Q2 and are pursuing opportunities for additional cultivation for 2023 to meet the strong demand for our products, specifically our premium flower. We continue to have strong conviction in our potential to achieve significant growth quarter over quarter, as we remain focused on quality and consistency, as well as continued cost discipline and execution to build a strong and sustainable organization and brands that consumers love."
First Quarter 2022 Financial Highlights:
The Company:
- Achieved record quarterly net revenues of $10.58 million, a 96% increase from Q1 2021, and a 12% increase from Q4 2021. The quarter-over-quarter increase in revenue is in line with the Company's forecast and can be mainly attributed to the launch of premium flowers (Cherry Mints & Maple Kush), launch of Pre-rolls, and Highly Dutch Organic™ flower gaining traction in 2022. With Acosta Canada Corp, providing direct store support as well as budtender and consumer education, in addition to the new listings accepted in key markets for January 2022, the Company achieved significant increased revenues in key markets. The Company has also invested in building relationships with the retail cannabis chains to expand distribution in the past six months.
- Improved gross margin (before changes in fair value) to 35% from 32% in Q4 2021, reflecting higher net revenues due to sales mix of products moving towards premium flower. The Company believes gross margin and net revenue in Canada will continue to increase as it sells proportionately more premium flower, which should result in achieving breakeven adjusted earnings before interest, taxes, depreciation, and amortization ("Adjusted EBITDA").(1)
- General and administrative expenses ("G&A") decreased to $3.92 million for the three months ended March 31, 2022, a 14% decrease in comparison to $4.57 million for Q4 2021. In comparison to Q4 2021, G&A expenses decreased by $0.65 million which is primarily a result of the reduction in overall office expenses and the reduction of termination benefits that were incurred in the prior quarter.
- Adjusted EBITDA loss was $2.24 million for Q1 2022, representing a 57% improvement of $2.93 million compared to Q1 2021 as a result of the Company's increase in revenue and continued cost cutting initiatives as well as a sales mix with premium flower accounting for 27% of overall sales versus 19% in the previous quarter.
- As of March 31, 2022, the Company had positive working capital of $19.01 million (including non-cash contingent consideration liability of $4.78 million).
Key Initiatives:
- The Company expanded its production base to meet increasing consumer demand by adding cultivation at the facility in Valleyfield, Quebec ("Valleyfield"). The Company expects Valleyfield to add 2,500 to 3,000 kgs of flower annually while remaining the production facility for hash products.
- On March 10, 2022, the Company announced that it had agreed with its Canadian lender for the Revolver Loan to: (i) increase the overall Revolver Loan limit by $5 million to $30 million; (ii) allow certain eligible inventory to be included as collateral; and (iii) relax certain non-financial covenants; subject to the satisfaction of various conditions set out therein. In exchange, the Company issued 500,000 common shares of the Company ("Common Shares") to the lender at a price of $0.10 per Common Share. All other terms under the Revolver Loan remained the same.
- Since October 2021, the Company has been engaged with advisors for the sale of Company's entity in Poland, HemPoland S.p.a. Z.o.o. ( "HemPoland"), which was deemed non-core to future operations and the Company strategy. The Company received a non-binding competitive offer subsequent to Q1 2022. The Company anticipates completing the sale of HemPoland within the coming months.
Key Updates Subsequent to the Quarter:
- On April 29, 2022, the Company announced that the Revolver Loan was amended and restated, whereby the lender agreed to: (i) increase the overall Revolver Loan limit from $30 million to $34 million, through providing an additional advance of $4 million (ii) increase the term portion of the Revolver Loan from $20 million to $24 million (iii) amend the EBITDA financial covenant (as defined in the Revolver Loan agreement) to take effect on June 30, 2022, (iv) remove the covenant requiring a $4 million prepayment through funds raised by the sale of HemPoland and (v) introduce certain prepayment fees in the combined amount of 2% of any prepayments, subject to the satisfaction of various conditions set out therein.
- On May 17, 2022, the Company announced it raised additional working capital through asset sale of its leasehold improvements at the Puslinch facility (the "Transaction") with the landlord (the "Landlord") for $3 million (the "Consideration"). $2 million of the Consideration will be paid to the Company in cash, and $1 million of the Consideration will settle previous loans advanced to the Company by the Landlord, including all accrued interest and transaction costs thereon. In connection with the Transaction, the Company has also agreed to an increase in rent of $25,000 a month for the remainder of the lease term on the Puslinch facility of approximately 19 years.
Investor Conference Call to Discuss First Quarter Results:
Management will host a conference call with analysts on May 26, 2022 at 10:00 a.m. Eastern Time to discuss the results. Participants may access the call by dialing 416-764-8688 (Toronto) or 1-888-390-0546 (North America); Conference ID 81358956. For those unable to participate on the live call, a playback will be available for one week after the conference call using this URL:
https://produceredition.webcasts.com/starthere.jsp?ei=1550743&tp_key=fff6b3ddd0
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (OTC: TGODF) is a sustainable, global cannabis company with a focus on innovation, quality, consistency, integrity and transparency. By leveraging science and technology, TGOD harnesses the power of nature from seed to sale. The Company is committed to cultivating a better tomorrow by producing its products responsibly, with less waste and impact on the environment. In Canada, TGOD serves the recreational market with a brand portfolio including The Green Organic Dutchman, Highly Dutch Organics, Ripple by TGOD and Cruuzy brands, and the medical markets in Canada, South Africa, Australia, and Germany. All cannabis utilized in products for The Green Organic Dutchman and Highly Dutch Organics brands is grown through a certified organic process, which includes living soil, filtered rainwater, sunlight, and natural inputs.
TGOD's Common Shares and certain warrants issued under the indentures dated December 19, 2019, June 12, 2020, October 23, 2020 and December 10, 2020 trade on the Canadian Securities Exchange ("CSE") under the symbol "TGOD", "TGOD.WS", "TGOD.WR", "TGOD.WA", and "TGOD.WB" respectively. TGOD's Common Shares trade in the U.S. on the OTCQX under the symbol "TGODF". For more information on The Green Organic Dutchman Holdings Ltd., please visit www.tgod.ca.
(1) Non-GAAP Measures, Reconciliation and Discussion
This press release contains references to "Adjusted EBITDA" which is a non-international financial reporting standards ("IFRS") measure (a "Non-GAAP Measure"). Management defines Adjusted EBITDA as loss for the period, as reported, adjusted for deferred income tax recovery, foreign exchange gains and losses, finance costs, accretion expenses, finance income, share of loss on investments in associates, revaluation of contingent consideration, loss (gain) on disposal of assets, impairment of investment in associates, impairment (reversal of impairment) charge for non-financial assets, loss on derecognition of investment in joint venture, impairment loss on remeasurement of disposal group, loss on assets held for sale, debt modification, acquisition related costs, change in fair value of investments, realized fair value adjustment on sale of inventories, unrealized gain on changes in fair value of biological assets, share based compensation, depreciation and amortization. This measure does not have any standardized meaning according to IFRS and therefore may not be comparable to similar measures presented by other companies.
Management believes Adjusted EBITDA provides useful information as it is a commonly used measure in the capital markets to approximate operating earnings. The Company provides the Non-GAAP Measure as supplemental information and in addition to the financial measures that are calculated and presented in accordance with IFRS. The Non-GAAP Measure is also presented because management believes such measures provide information which is useful to shareholders and investors in understanding its performance and which may assist in the evaluation of the Company's business relative to that of its peers. Management believes the Non-GAAP Measure is a useful financial metric to assess the Company's operating performance on a cash basis before the impact of non-cash items, and on an adjusted basis as described above. However, such Non-GAAP Measure should not be considered superior to, as a substitute for or as an alternative to, and should only be considered in conjunction with, the most comparable Non-GAAP Measure.
Reconciliations of the Non-GAAP Measure is presented in the Company's management's discussion and analysis for the three months ended March 31, 2022 (the "Q1 MD&A"). The Non-GAAP Measure should not be considered superior to, as a substitute for, or as an alternative to, and should be considered in conjunction with the IFRS financial measures presented in the Company's financial statements. For more information, please see "Non-GAAP Performance Measures" in the Company's Q1 MD&A, which is available under the Company's profile on www.sedar.com.
Cautionary Statements
This news release includes statements containing certain "forward‐looking information" within the meaning of applicable securities law ("forward‐looking statements"). Forward looking statements in this release include, but are not limited to, statements about future net revenue and gross margin, statements about future Adjusted EBITDA, statements about future production quantity and timing, statements about the offering of any particular products by the Company and statements regarding the future performance of the Company, statements about future development, growth and delivery of products, and statements about the level of demand for TGOD's products. Forward‐looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "should", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward‐looking statements throughout this news release. Forward‐looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties (including market conditions) and other factors that could cause actual events or results to differ materially from those projected in the forward‐looking statements, including those risk factors described in the Company's most recent Annual Information Form filed with Canadian securities regulators and available on the Company's issuer profile on SEDAR at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking information or forward-looking statements in this news release are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. The forward-looking information and forward-looking statements included in this news release are made as of the date of this news release. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
Neither the CSE nor the CSE's Regulation Services Provider (as that term is defined in the policies of CSE) accept responsibility for the adequacy or accuracy of this release.
View original content to download multimedia:
SOURCE The Green Organic Dutchman Holdings Ltd. | https://www.wibw.com/prnewswire/2022/05/25/green-organic-dutchman-starts-year-with-record-quarterly-revenue-reports-first-quarter-2022-results/ | 2022-05-26T07:47:37Z |
There’s a flurry of construction activity at the corner of West Adams Avenue and Old Waco Road as new buildings for businesses and restaurants are nearing completion.
The shopping center, called Trinity Plaza, is on a 6.401-acre site that will include five individual lots and a detention pond.
A Walgreens drug store and a QT convenience store and gas station are among the businesses coming to the site that formerly housed Trinity Church, which moved to a location off Airport Road. The land was rezoned from agricultural to general retail in 2018.
The shopping center, built by Wolff Construction, appears to have space for at least four business, including a restaurant site on the east side of the building with a drive-through window.
Central Texas remains a popular destination as about 1,000 people a day move to Texas from across the country.
“We are benefiting from some out-of-state people moving to the state,” State Rep. Hugh Shine, R-Temple, said during a recent legislative update. “Housing is still affordable compared to our competing states. We definitely have the quality of life and the business environment here where the labor and government continue to work together in Texas, and that’s a good thing.”
The Walgreens store, 7101 W. Adams, will occupy 2,501 square feet and is leased for 10 years. Although the store appears smaller than other local locations, it will include a full pharmacy and a drive-through window.
A sign for the QT station is posted, but site work is still underway.
The land is owned by Morris Venture Partners IV LLC, an entity created by Temple developer Will Morris, president of Charter Real Estate Services. His company has offered several local retail tracts for sale in Temple and Waco.
A few blocks down West Adams to the west, a Dunkin’ shop, cobranded with Baskin-Robbins ice cream, is nearly complete after months of construction. Signage on the building was recently added.
The shop at 7451 W. Adams is next door to the Westfield Market shopping center. The Temple restaurant will feature a drive-through lane, on-the-go mobile ordering, free wifi and dine-in options. An opening date has not been announced.
Next door to Dunkin’ will be a Today’s Car Wash at 7477 W. Adams.
The car wash opening date isn’t yet listed on the company’s website, which says the Temple site is “coming soon.”
Today’s Car Wash offers car wash services, including unlimited washes and ceramic shield wax. The business will be open from 7:30 a.m. to 8 p.m. during the summer and from 7:30 a.m. to 7 p.m. during the winter, the company posted. | https://www.tdtnews.com/news/business/article_45ebd446-3481-11ed-9ad6-d7c14d0f8128.html | 2022-09-15T01:08:12Z |
For 46 years, the answer to who killed Lindy Sue Biechler remained a mystery.
But with the help of DNA lifted from a coffee cup earlier this year, investigators were able to charge a Pennsylvania man with the stabbing of the 19-year-old woman in 1975.
Biechler's aunt and uncle found her dead in her apartment December 5, 1975, with 19 stab wounds, lying on her back with a knife sticking out of her neck and with a tea towel wrapped around the wooden handle, the Lancaster County District Attorney's Office said in a news release.
She had just come back from the grocery store, investigators said, and bags from the market were left on the dining room table.
Over the years, detectives from Manor Township Police Department and the Pennsylvania State Police conducted investigations into the homicide, following multiple leads and clearing dozens of people, the district attorney's office said. Evidence was sent to several labs and multiple suspect interviews were completed, the DA's office reported.
Genetic genealogy analysis used DNA from the crime scene and ultimately identified David Sinopoli, 68, as a suspect, according to the DA's office.
Sinopoli was arrested at his home on Sunday without incident, was arraigned, and is being held at Lancaster County Prison without bail, police said.
CNN has reached out to the County of Lancaster Public Defender's Office which is representing Sinopoli.
"This arrest marks the beginning of the criminal process in Lancaster County's oldest cold case homicide, and we hope that it brings some sense of relief to the victim's loved ones and to community members who for the last 46 years had no answers," Lancaster County District Attorney Heather Adams said in a news release.
DNA evidence from a coffee cup
In 1997, the Lancaster County District Attorney's Office said it submitted evidence from the crime scene for DNA analysis and a male DNA profile was lifted from Biechler's underwear.
Three years later, the DNA profile was submitted into a national database, also known as CODIS, to see if there was a match with a known criminal offender. Typically, if a person isn't a known offender, they wouldn't be in the CODIS system and, therefore, no match would present itself, which was the case here, the DA's office explained.
In January 2019, the investigation gained new traction after it was taken on by the Lancaster County District Attorney's Cold Case Unit, which enlisted the help of Parabon NanoLabs months later to analyze DNA obtained in the case.
Sinopoli was identified as a possible person of interest, CeCe Moore, researcher with Parabon NanoLabs, said at a news conference Monday.
Because there weren't any individual genetic matches to the suspect's DNA, Moore had to try a "novel, nontraditional" route to narrow down the potential suspect, she said. Given Sinopoli's Italian ancestry, Moore studied geographical and immigration patterns as well as associated surnames and determined the person linked to the DNA sample had ties to Gasperina, a town in the Calabria region of southern Italy.
"There were very few individuals living in Lancaster at the time of the crime that were the right age, gender and had a family tree consistent with these origins, so this allowed me to prioritize candidates whose descent was determined to be exclusively from families with origins in Gasperina," Moore said.
Sinopoli and Biechler had lived in the same four-unit building of the apartment complex at one point, Adams said during a news conference Monday, but did not specify when. Other than being neighbors, Adams did not elaborate on how the pair may have been connected.
Investigators kept a close watch on Sinopoli through surveillance, and on February 11, "investigators surreptitiously obtained DNA from Sinopoli from a coffee cup he used and threw into a trash can before traveling at the Philadelphia International Airport," the district attorney's office said.
"There has been a never-ending pursuit of justice in this case that has led us to identifying and arresting Sinopoli," Adams said. "Lindy Sue Biechler was on the minds of many throughout the years."
"Certainly, law enforcement never forgot about Lindy Sue, and this arrest marks the first step to obtaining justice for her and holding her killer responsible," Adams added.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
Recommended for you
Stacker compiled data on all action movies to come up with a Stacker score—a weighted index split evenly between IMDb and Metacritic scores—to present the genre’s best fare. To qualify, the film had to have an “action” listing on IMDb, a Metascore, and at least 5,000 votes. Click for more. | https://www.albanyherald.com/news/her-death-remained-a-mystery-for-46-years-now-dna-evidence-from-a-coffee-cup/article_2e765483-14b9-5204-abac-282a46b4ca03.html | 2022-07-19T21:09:29Z |
Local Union Representatives Approve Contract Proposal and Supplements; Member Voting Tentatively Scheduled to Take Place June 27-July 12
WASHINGTON, June 16, 2022 /PRNewswire/ -- Local union leaders representing Teamster carhaulers met in Washington today to unanimously endorse the tentative National Master Automobile Transporters Agreement (NMATA). The three-year tentative agreement and four regional supplements will now go to the membership for a democratic ratification vote.
"The negotiating committee proudly endorses this tentative agreement. We are proud to have achieved an agreement that reflects the value and rewards their experience and hard work," said Avral Thompson, Teamsters Carhaul Division Director and Co-Chair of the Teamsters National Automobile Transporters Industry Negotiating Committee (TNATINC). "This is the most lucrative carhaul agreement in the history of the Teamsters Union. We secured annual pay increases that cover hourly wages, mileages, zone rates, flat rates—everything—retroactive to June 1, 2022."
In addition to annual wage increases, the tentative agreement includes countless improvements, including:
- Work rule improvements;
- Maintenance of benefits, health & welfare and pension;
- MLK Day as a paid holiday;
- Increases to other monetary items, such as lead premium, shift premium, boot allowance, and border crossing;
- Increases to the maximum cost-of-living allowance (COLA); and,
- Any driver who has pulled four or more legs on any trip shall be paid the full rate or applicable zone rate whichever is greater on all legs.
The tentative agreement also establishes a new national organizing model for the Teamsters to build union density in the carhaul industry.
"The Teamsters Carhaul Division will be reaching out to members about the details of the voting process in the coming days, and local unions will be holding informational sessions to go over details and answer questions," Thompson said.
The NMATA covers more than 3,000 members at 29 Teamster locals nationwide.
Ballots will be mailed to members on or around June 26 and are tentatively scheduled to be tabulated on July 12.
Founded in 1903, the International Brotherhood of Teamsters represents 1.2 million hardworking men and women throughout the United States, Canada and Puerto Rico. Visit www.teamster.org for more information. Follow us on Twitter @Teamsters and "like" us on Facebook at www.facebook.com/teamsters.
Contact:
Daniel Moskowitz, (770) 262-4971
dmoskowitz@teamster.org
View original content to download multimedia:
SOURCE International Brotherhood of Teamsters | https://www.wibw.com/prnewswire/2022/06/16/teamster-leaders-unanimously-endorse-tentative-carhaul-agreement/ | 2022-06-16T20:32:48Z |
"How can one possibly put how grateful they are to have been given the chance to go to school and buy their books, to have the chance to excel and get an education? To be the change they are hoping to make." - BMO Scholarship Funding Recipient
TORONTO, NEW YORK, and LONDON, Sept. 16, 2022 /PRNewswire/ - BMO Capital Markets will hold its 18th annual Equity Through Education (ETE) Trading day program on September 20, 2022 at its trading floor locations in Toronto, New York and London. On one trading day every year, BMO donates all North American and European institutional equity commissions to charitable organizations that provide scholarships, bursaries and leadership development to post-secondary students
"BMO's Equity Through Education trading day initiative illustrates our Purpose to Boldly Grow the Good, in business and life," said Dan Barclay, CEO and Group Head, BMO Capital Markets. "For 18 years we've been growing the good for students in need around the world, partnering with charities to raise money to provide financial aid and development programs that promote diversity and inclusion and help promising young people make progress."
ETE partners include The Jackie Robinson Foundation, Imperial College of London, Indspire, Lime Connect, the Loran Scholars Foundation, The Children's Aid Foundation of Canada, the Women in Capital Markets Return to Bay Street Program and the Financial Women's Association (FWA) which, through it's FWA/BMO Capital Markets Baruch Mentorship Program, has been mentoring and developing students for 20 years.
This year BMO has added a new partnership with social mobility charity The Brokerage to provide post-secondary scholarships and internships at BMO's London office for two students every year. The Brokerage has helped more than 85,000 students – many from Black, Asian or minority ethnic backgrounds -- through education, mentorship and other opportunities over the last 25 years.
"BMO is committed to helping the next generation reach their full potential," said Bill Smith, Head of BMO Financial Group's Capital Markets business for Europe, the Middle East, Africa and Asia. "In partnering with The Brokerage, we can help change the trajectories of young people who face barriers to higher education while providing work experience and inspiring students across the world to pursue an education and career in the field of their choice."
Since its inception in 2005, Equity Through Education has raised over C$28 million and helped more than 5000 students achieve their academic potential.
For more information about the program and to hear from some of the scholars, visit BMO Capital Markets' Our Culture web pages.
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $1.07 trillion as of July 31, 2022, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.
View original content:
SOURCE BMO Financial Group | https://www.wibw.com/prnewswire/2022/09/16/bmo-capital-markets-trading-floors-toronto-new-york-london-promote-equity-through-education-18th-year-provide-financial-aid-students/ | 2022-09-16T17:11:51Z |
DOWNERS GROVE, Ill., July 14, 2022 /PRNewswire/ -- SWEP, part of Dover (NYSE: DOV) and a world-leading supplier of brazed plate heat exchangers (BPHEs), today announced the launch of the B8DW double-wall compact heat exchanger and the FI22AS high-efficiency condenser and evaporator.
"We are excited to introduce two new products that build on our record of lowering energy usage in heat transfer solutions," stated Sören Friis-Hansen, VP of Global Sales & Marketing, SWEP. "We are proud to lead the industry in converting to sustainable energy."
The new B8DW is a double-wall BPHE based on SWEP's latest technology. Double-wall technology protects the two fluid circuits from contamination in the event of internal leakage and is used when extra safety is required, such as for tap water heating or industrial applications. A protective air column between plates drains any leaked fluids to the outside of the heat exchanger, preventing contamination in the protected flow. SWEP's new B8DW brings other novel technologies such as asymmetry and provides enhanced safety and high thermal and material efficiency to a range of applications, including heat pumps, boilers, transformer cooling, desuperheaters, heat recovery from air compressors and tap water stations. The B8DW also provides users with increased performance and material efficiency from small to medium capacity applications.
SWEP's new FI22AS is a state-of-the-art condenser, optimized for natural refrigerants such as R290 and R32, which are some of the cleanest and most environmentally friendly options. The FI22AS meets the rapidly increasing demand for residential heat pumps, mainly hydronic Air-to-Water and Ground Sourced Heat Pumps, by providing compact and cost- and material efficient high performing condenser and evaporator duty. Heat pumps and FI22AS, enable industries and societies to increase efficiency and convert from fossil-fueled heating systems to renewable electricity, which reduces the need for energy without compromising on comfort.
Developed with SWEP's patented AsyMatrix2 technology and a new innovative integrated solution for improved distribution of the refrigerant mix of vapor and fluid inside the BPHE, the FI22AS delivers high thermal performance while ensuring a low secondary side water pressure drop and reduced refrigerant charge, making it ideal for systems with demanding thermal and hydraulic requirements.
For more information about SWEP, please visit www.swep.net.
About SWEP:
At SWEP, we believe our future rests on giving more energy than we take – from our planet and our people. That's why we pour our energy into leading the conversion to sustainable energy usage in heat transfer. Over three decades, the SWEP brand has become synonymous with challenging efficiency.
SWEP is a world-leading supplier of brazed plate heat exchangers for HVAC and industrial applications. With over 1,000 dedicated employees, carefully selected business partners, and a global presence with production, sales, and dedicated service, we bring a level of expertise and closeness to our customers that's redefining competitive edge in a more sustainable future. SWEP is part of Dover Corporation, a multi-billion-dollar, diversified manufacturer of a wide range of proprietary products and components for industrial and commercial use.
About Dover:
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
SWEP Contact:
Helene Brandi
+46 766 35 4099
helene.brandi@swep.net
Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com
Dover Investor Contact:
Jack Dickens, Senior Director, Investor Relations
(630) 743-2566
jdickens@dovercorp.com
View original content to download multimedia:
SOURCE Dover | https://www.wibw.com/prnewswire/2022/07/14/swep-launches-two-new-high-efficiency-products/ | 2022-07-14T20:45:08Z |
NEW YORK, Sept. 6, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Co-Diagnostics, Inc. (NASDAQ: CODX) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of a class of all persons and entities who purchased the publicly traded securities of Co-Dx during the period of May 12, 2022 through the close of the market on August 11, 2022 (4:00 p.m. ET).
Lead Plaintiff Deadline: October 17, 2022
No obligation or cost to you.
Learn more about your recoverable losses in CODX:
https://www.kleinstocklaw.com/pslra-1/co-dx-class-action-loss-submission-form?id=31352&from=4
Co-Diagnostics, Inc. NEWS - CODX NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Co-Diagnostics, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) demand for the Company's Logix Smart™ COVID-19 test had plummeted throughout the quarter ended June 30, 2022, and (ii) as a result, defendants' positive statements about the demand for its Logix Smart™ COVID-19 test lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Co-Dx you have until October 17, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Co-Dx securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the CODX lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/co-dx-class-action-loss-submission-form?id=31352&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
View original content:
SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/09/06/codx-alert-klein-law-firm-announces-lead-plaintiff-deadline-october-17-2022-class-action-filed-behalf-co-diagnostics-inc-shareholders/ | 2022-09-06T17:32:45Z |
Pelham Hospitality Eyes Future Growth and Innovation with new Fiber Connection, Enhanced TV and Internet Services
SOUTH YARMOUTH, Mass., Aug. 25, 2022 /PRNewswire/ -- Comcast Business today announced that it is providing Pelham Hospitality's newly renovated Pelham House Resort with Comcast Business solutions. The technology spans the hotel's three Cape Cod properties, to include 100Mbps Ethernet Dedicated Internet (EDI) connection, in-room HD video and voice service lines offering reliability and high-quality connections to help Pelham Hospitality deliver a premier guest experience and seamless back-of-house operations.
Family owned and operated in Dennis Port since 1997, the Pelham House Resort offers 33 rooms and suites with access to ocean views and amenities like onsite dining, an outdoor pool with gas firepits, private beach, poolside bar, oceanfront lawn and 8,000 square feet of indoor meeting rooms and outdoor spaces. A $20 million renovation was completed at the hotel in 2019, creating state-of-the-art accommodations plus a new restaurant and event venue. The resort's owners, John McCarthy and Dennis Leary, also purchased and renovated nearby hotels in Harwich and West Dennis in 2022, renaming the properties Pelham on Earle and Pelham on Main, respectively.
As plans for the Pelham House Resort renovations began to take place, the hotel group saw an opportunity to expand its technology infrastructure with the help of Comcast Business's advanced technology solutions to bolster its employee, guest and business needs. Beyond the business solutions Comcast Business provides, Pelham Hospitality has benefited from around-the-clock customer service, in addition to managed costs, support with quick turnaround installations and the flexibility to scale for future growth.
"Technology is critical to everything we do at Pelham House Resort and our sister properties as we continually seek to deliver the best guest experience that visitors have come to expect from our hotels," said John McCarthy, Managing Partner of Pelham Hospitality. "Comcast Business has not only delivered on our needs but has exceeded our expectations. We're confident that the Comcast Business network will continue to support current and future innovations for guests, and our position as one of the top experience hotels in the Cape Cod area."
The EDI connection has been particularly beneficial to Pelham House Resort's group business, enabling reliable, high-speed connectivity for guests and hotel staff alike. For example, the high-capacity bandwidth can help support multiple vendors involved with corporate events, leading to a fast and secure registration process and better experience for event goers. The technology also offers the capacity to connect multiple production elements for weddings or parties, while simultaneously allowing wedding party guests to rapidly upload photos and videos on the Pelham House Resort WiFi network. As the network supports guests' business and leisure needs, hotel staff can also maintain reliable connection with guests, corporate clients and groups throughout their stay, further allowing the hospitality group to focus on providing outstanding service to guests without having to worry about the technology. The network innovations Comcast Business provides to Pelham Hospitality will also support future expansion as the hotel group plans to build and open a new restaurant and events venue in 2024.
"It's been a pleasure to partner with Pelham Hospitality and deliver next-level technology solutions and reliable Internet to help them turn their vision of a better technology experience for both guests and employees into a reality," said Barry Bader, Vice President of Comcast Business for Comcast's Greater Boston Region. "We're looking forward to seeing what the future holds for Pelham House Resort and its sister properties and how Comcast Business services can further support their continued success."
Comcast Business offers a suite of Connectivity, Communications, Networking, Cybersecurity, Wireless, and Managed Solutions to help organizations of different sizes prepare for what's next. Powered by the nation's largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation's largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and is one of the fastest growing providers of Ethernet services.
For more information, call 866-429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social.
Pelham Hospitality consists of three Cape Cod properties, a farm and is continuing to grow. Helmed by partner Denis Leary and Managing Partner John McCarthy, Pelham Hospitality includes the newly renovated Pelham House Resort in Dennis Port as well as Pelham on Earle in Harwich and Pelham on Main in West Dennis, which both were acquired and completely renovated in 2022. Both properties feature outdoor pool areas and 27 guest rooms with brand-new furniture A shuttle service operates between the new properties and the main Pelham House Resort at 14 Sea Street so Pelham guests can take full advantage of the incredible dining options.
The award-winning Pelham House Resort is one of Cape Cod's premier oceanfront resorts. With 33 rooms, the idyllic waterfront destination offers a year-round "escape to the Cape." The resort, located on mid-Cape in Dennis Port, recently underwent a multi-million-dollar renovation that included complete room renovations, construction of a main building that houses two floors for their signature dining and bar options, as well as event function space, a new swimming pool with gas firepits and poolside lobby bar. With breathtaking views and impeccable service, The Pelham House Resort offers its guests not only an unbeatable stay on Cape Cod but a wide range of ways to enjoy the property. For more information, follow along on Instagram at @pelhamhouseresort or log onto www.pelhamhouseresort.com.
View original content:
SOURCE Comcast Cable | https://www.wibw.com/prnewswire/2022/08/25/comcast-business-powers-newly-renovated-cape-cod-hotel/ | 2022-08-25T14:46:52Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- Attention Stronghold Digital Mining, Inc. ("Stronghold Digital Mining, Inc.") (NASDAQ: SDIG) 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 Stronghold Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's October 2021 initial public offering.
If you suffered a loss on your investment in Stronghold Digital Mining, Inc., contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/stronghold-digital-mining-inc-loss-submission-form?prid=28370&wire=4
ABOUT THE ACTION: The class action against Stronghold Digital Mining, Inc. includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) contracted suppliers, including MinerVa Semiconductor Corp., were reasonably likely to miss anticipated delivery quantities and deadlines; (2) due to strong demand and pre-sold supply of mining equipment in the industry, Stronghold would experience difficulties obtaining miners outside of confirmed purchase orders; (3) as a result of the foregoing, there was a significant risk that Stronghold could not expand its mining capacity as expected; (4) as a result, Stronghold would likely experience significant losses; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Aggrieved Stronghold Digital Mining, Inc. investors only have until June 13, 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
View original content:
SOURCE The Law Offices of Vincent Wong | https://www.mysuncoast.com/prnewswire/2022/06/13/class-action-alert-law-offices-vincent-wong-remind-stronghold-digital-mining-inc-investors-lead-plaintiff-deadline-june-13-2022/ | 2022-06-13T11:32:22Z |
AUSTIN, Texas, July 26, 2022 /PRNewswire/ -- Digital Turbine, Inc. (NASDAQ: APPS), a global mobile platform company, announced it will host a conference call and webcast to discuss its fiscal 2023 first quarter financial results and operating progress on Monday, August 8th, at 4:30pm ET/1:30pm PT. The call, hosted by Digital Turbine Chief Executive Officer Bill Stone and Chief Financial Officer Barrett Garrison, can be accessed by dialing 855-238-2713 in the United States or 412-542-4111 from international locations. Please dial in at least ten minutes before the scheduled start time, identify yourself and ask for the Digital Turbine call. A live and archived webcast of the call can be accessed via the Investor Relations section of Digital Turbine's website. The webcast will be archived for a period of one year.
For those unable to join the live call, a playback will be available through August 15, 2022. The replay can be accessed by dialing 877-344-7529 in the United States or 412-317-0088 from international locations, passcode 6410980.
Digital Turbine is the leading independent mobile growth platform and levels up the landscape for advertisers, publishers, carriers and OEMs. By integrating a full ad stack with proprietary technology built into devices by wireless operators and OEMs, Digital Turbine supercharges advertising and monetization. The company is headquartered in Austin, Texas, with global offices in New York, Los Angeles, San Francisco, London, Berlin, Singapore, Tel Aviv and other cities serving top agency, app developer and advertising markets. For additional information visit www.digitalturbine.com.
Follow Digital Turbine:
Twitter: https://twitter.com/DigitalTurbine
Facebook: https://www.facebook.com/DigitalTurbineInc
LinkedIn: https://www.linkedin.com/company/digital-turbine?trk=tyah&trkInfo=tas:digital+tur
Digital Turbine
Investor Relations Contact:
Brian Bartholomew
Digital Turbine
brian.bartholomew@digitalturbine.com
View original content:
SOURCE Digital Turbine, Inc. | https://www.wibw.com/prnewswire/2022/07/26/digital-turbine-host-fiscal-2023-first-quarter-financial-results-conference-call-august-8-2022-430pm-et/ | 2022-07-26T19:45:19Z |
Alligator escapes owner’s yard, roams neighborhood
KENOSHA, Wis. (WISN) - An alligator that escaped its owner’s yard is back home after some kids found it wandering on the street in a Wisconsin neighborhood.
Some police officers in Kenosha have themselves a memory for a lifetime, a call they’ll likely never get again. Lt. Joseph Nosalik says they responded to the call of an alligator in the roadway.
“Turns out some kids enjoying summertime outside playing… spotted this alligator in the street, were playing too close to the street, and Mom yells at him, ‘Get away from the street.’ ‘But Mom, there’s an alligator here.’ Sure enough, there’s an alligator in the road,” Nosalik said.
David Prill, the alligator’s owner, says it escaped from his backyard, where it was enjoying the sun in a kiddie pool. The alligator wandered into the street and was found by some curious kids and their concerned mom.
By the time Prill realized the alligator was gone, police had already recovered it.
“It’s a lot of sad news that we deal with, and to be able to respond to a call like this and have a few laughs during your daytime, it’s badly needed, I think. So, they did enjoy it,” Nosalik said.
Police determined there’s nothing illegal about keeping an alligator and returned it to its owner.
Prill says the alligator could bite, but it really isn’t dangerous.
“I completely understand why there’d be some excitement, and that’s why I don’t tell anyone because then they freak out. But it’s harmless,” he said. “It’s not going to attack you. It’s not going to attack your dog or your cat.”
Prill says he’s just keeping the alligator for a few weeks for a friend who couldn’t have it anymore. He says his folks have a big place in Florida with a pond, and he plans to take it there before the cold weather hits.
He’s also promising to keep a closer eye on the alligator in the meantime.
Copyright 2022 WISN via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/13/alligator-escapes-owners-yard-roams-neighborhood/ | 2022-07-13T08:26:08Z |
RICHMOND, Va., July 20, 2022 /PRNewswire/ -- In 2017, Energix began acquiring and developing solar projects in Virginia.
In 2020, the United Nations High Commissioner for Human Rights placed Energix on a list of problematic companies because it operates on Israeli occupied lands for commercial benefit. Energix has built solar utilities in the West Bank and wind turbines in the Golan Heights and uses Israeli police protection in clashes with indigenous groups.
According to data gathered by the Virginia Coalition for Human Rights, ten counties and two state agencies in Virginia have pushed back against Energix's worst practices.
- In Wythe County, the Virginia Department of Environmental Quality issued an Enforcement Action and fined Energix $68,250 for environmental violations at its Wytheville Solar site.
- In Buckingham County, the State Water Control Board issued an Enforcement Action and fined Energix $23,772.50 over environmental violations at its Buckingham Solar II site.
- In Rockingham County, neighboring landowners sued the BoS and Energix over the planned 30MW Endless Caverns site because the BoS permitted a project that violated newly passed restrictive solar zoning guidelines.
- In Dinwiddie County, the Board of Supervisors voted down Energix's bid to build the 80 MW "Lily Pond" utility over concerns about the environment.
- In Franklin County, Smith Mountain Lake property owners prompted Energix to withdraw the application for a proposed 20MW Westlake Solar project because of concerns over toxic runoff from its Cadmium Telluride (CdTe) solar panels.
- In Buckingham, Caroline, Chesterfield, Madison, Prince George, and Spotsylvania counties, county officials banned or prohibited the installation of CdTe solar panels that contain toxic heavy metals.
Although Energix predicts a sunny future to its minority shareholders and to county officials, at least six solar projects have been withdrawn, have not been permitted, or have not been submitted to county planning departments.
Perhaps in recognition that its potential to grow in Virginia is limited, Energix has quietly taken over development, production and ownership of the 70 MW Adams Solar project, which is to provide 22 percent of electricity for city-owned buildings in Philadelphia.
Jeanne Trabulsi of the Virginia Coalition for Human Rights (VCHR) presented a March 22 information overview about how Energix is importing its worst overseas practices into the U.S. at the National Press Club in Washington. Her contact is: vacoalition4hr@gmail.com.
View original content:
SOURCE Virginia Coalition for Human Rights | https://www.kxii.com/prnewswire/2022/07/20/israels-energix-renewable-energies-fined-over-90000-virginia-environmental-violations/ | 2022-07-20T14:03:47Z |
Brooks Koepka likes to boast about his honesty. He takes as much pride in being bold and blunt as he does in his remarkable record in the major championships.
He does not shy from criticism if he feels it is warranted. Koepka once accused Patrick Reed of cheating by “building sand castles” in a waste area in the Bahamas. He left no doubt about his feelings for Bryson DeChambeau, a long list.
“I’m always going to speak my mind and tell you what I think, and I think everybody in this room knows that,” he said at a PGA Championship preview day in 2020.
And now he has a chance to speak the truth about his decision to go back on his word and join the Saudi-funded rebel league known as LIV Golf.
It’s about the money. It’s that simple.
This is not a “force for good,” the message Greg Norman has been trying to preach and too many of his puppets have been repeating. The 22 former or soon-to-be-suspended PGA Tour members in Oregon for the LIV Golf Invitational are not there for the innovative format, or to test themselves against the best, or even to win tournaments.
They are getting paid an obscene amount of money.
Of course, money never came up when Koepka spoke to the media on Tuesday for the first time since his decision was revealed. He simply spoke his mind, just like always, only he was of a different mind.
“My opinion changed,” he said, a phrase he used no fewer than six times.
Koepka was the latest example that everyone has a price. He actually said that himself four months ago at the Honda Classic.
This was one week after Phil Mickelson went into hiding after his inflammatory remarks about the Saudis and the PGA Tour, after Dustin Johnson and Bryson DeChambeau said they were sticking with the PGA Tour, after Rory McIlroy declared the rebel league “dead in the water.”
“I think there will still be talk,” Koepka said in February. “Everyone talks about money. They’ve got enough of it. I don’t see it backing down. They can just double up and they’ll figure it out. They’ll get their guys. Somebody will sell out and go to it.”
And that somebody turned out to be him.
Mickelson showed his hand months ago in a couple of interviews when he accused the PGA Tour of “obnoxious greed” and said he and a few other top players had hired lawyers to write the new league’s operating agreement. Joining LIV Golf was not a surprise.
Johnson was the biggest fish the Shark landed. The temptation had been strong all along, and then he got an offer he couldn’t ignore. The Daily Telegraph reported his signing fee at $150 million. That’s twice as much as Johnson’s career earnings after 15 years on the tour.
In some respects, Koepka went back on his word twice.
He was the second player, behind McIlroy, to speak out against the “Premier Golf League” concept that had Saudi financing and promised big riches, a team format, limited fields — everything Norman has now delivered.
“I have a hard time believing golf should be about just 48 players,” he said in an interview with The Associated Press, right before golf was paused for three months because of the COVID-19 pandemic. “Money isn’t going to change my life,” he said. “There’s something to be said about freedom of playing. I get to choose. To me, it’s not worth it. I’m happy with how things are.”
That was more than two years ago.
And then Koepka said in Phoenix this year: “It’s been pretty clear for a long time now that I’m with the PGA Tour, it’s where I’m staying. I’m very happy. I think they do things the right way, people I want to do business with.”
But that’s not what led McIlroy to say Koepka was being “duplicitous” by saying one thing and doing another.
McIlroy was not part of the Rolex gathering at the U.S. Open, but he heard about it. The roster of stars that day included Jordan Spieth, Justin Thomas, Scottie Scheffler and Koepka. They talked about being on the same page in support of the PGA Tour and speaking in one voice against the Saudi-funded league.
Koepka was said to be leading the charge. And then he wasn’t.
Everyone has a price.
“I was at a function with him last week and definitely wasn’t what he had in mind,” Scheffler said last week at the Travelers Championship. “We were focused on building the PGA Tour and getting the guys that are staying here together and kind of just having talks and figuring out what how we can help benefit the tour.”
Scheffler was to quick to add he was not going to criticize Koepka or anyone else for leaving for guaranteed money. Scheffler has gone over $13 million this season, already a PGA Tour record, thanks to an amazing run.
Players who wouldn’t be recognized in a restaurant outside their hometown are getting more than that for signing up with LIV Golf. It’s up to them to reconcile the source of the money and if they are taking the easy way out, as McIlroy suggested.
Golf is still hard. It’s the money that’s easy. There’s nothing wrong with saying that.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/column-blunt-talk-means-saying-liv-golf-is-all-about-money/ | 2022-06-29T02:50:18Z |
Zombie Foreclosures Up 3 Percent from First to Second Quarter of 2022 as Foreclosure Activity Increases 13 Percent; Increase in Empty Properties Facing Foreclosure Marks First Gain in a Year; Zombie Properties Still Represent Just One of Every 13,200 Residential Properties in U.S. and Remain Down Annually
IRVINE, Calif., June 2, 2022 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its second-quarter 2022 Vacant Property and Zombie Foreclosure Report showing that 1.3 million (1,304,007) residential properties in the United States sit vacant. That represents 1.3 percent, or one in 76 homes, across the nation.
The report analyzes publicly recorded real estate data collected by ATTOM — including foreclosure status, equity and owner-occupancy status — matched against monthly updated vacancy data. (See full methodology below). Vacancy data is available for U.S. residential properties at https://www.attomdata.com/solutions/marketing-lists/.
The report also reveals that 259,166 residential properties in the U.S. are in the process of foreclosure in the second quarter of this year, up 12.7 percent from the first quarter of 2022 and up 15.9 percent from the second quarter of 2021. This is also the third straight quarter that the count of pre-foreclosure properties has gone up since a nationwide foreclosure moratorium, imposed early during the Coronavirus pandemic, was lifted at the end of July 2021.
Among those pre-foreclosure properties, 7,569 sit vacant in the second quarter of 2022, meaning that the number of zombie-foreclosure properties went up quarterly by 2.8 percent.
"The incidence of zombie-foreclosures tends to be higher in cases where the foreclosure process has dragged on for many months and sometimes even for years," said Rick Sharga, executive vice president of market intelligence at ATTOM. "We're now seeing properties where the borrower was already in default prior to the government's moratorium re-enter the foreclosure process, and undoubtedly some of these homes will have been vacated over the past 26 months."
The number of zombie-foreclosures does remain down 6.3 percent from a year ago and continues to represent just a tiny segment of the nation's total stock of 99.7 million residential properties. Just one of every 13,171 homes in the second quarter of 2022 are vacant and in foreclosure, meaning that most neighborhoods have none. The portion of pre-foreclosure properties that have been abandoned into zombie status also continues to decline, down from 3.6 percent a year ago to 3.2 percent in the first quarter of 2022 and 2.9 percent in the second quarter of this year.
But the recent increase in zombie properties is the first since the moratorium ended. The portion of all residential properties sitting empty in the foreclosure process has grown 1.9 percent in the second quarter, up from one in 13,424 in the first quarter of this year.
The upward second-quarter foreclosure trends – in both overall and zombie-property counts - add to a list of measures showing how the decade-long U.S. housing market boom remains strong but also faces a possible slowdown this year.
Median single-family home prices have shot up 17 percent over the past year and typical home-seller profits remain historically high, at nearly 50 percent. Homeowner equity continues rising, greatly limiting the likelihood that homeowners facing foreclosure will simply walk away from their homes.
"According to our equity report, almost 90 percent of homeowners in foreclosure have positive equity," Sharga added. "Having equity gives financially-distressed homeowners an opportunity for a relatively soft landing – selling their home at a profit rather than losing everything to a foreclosure. That factor alone should keep the number of zombie-foreclosures from rising too much."
The median home value nationwide went up just 3 percent from the third quarter of last year to the first quarter of this year and home-seller profits have ticked down in 2022. At the same time, investment returns for speculators who flip properties have hit their lowest point since 2008. Beyond that, an estimated 1.5 million to 2 million homeowners fell behind on mortgages after the pandemic wiped out millions of jobs prior to the economy recovering last year.
A total of 7,569 residential properties facing possible foreclosure have been vacated by their owners nationwide in the second quarter of 2022, up slightly from 7,363 in the first quarter of 2022 but still down from up from 8,078 in the second quarter of 2021.
Amid numbers that remain extremely low, the biggest increases from the first quarter of 2022 to the second quarter of 2022 in states with at least 50 zombie foreclosures are in Michigan, (zombie properties up 74 percent, from 54 to 94), Arizona (up 56 percent, from 32 to 50), Georgia (up 29 percent, from 62 to 80), Nevada (up 26 percent, from 68 to 86) and Iowa (up 17 percent, from 132 to 155).
The biggest quarterly decreases among states with at least 50 zombie foreclosures are in Massachusetts (zombie properties down 13 percent, from 62 to 54), Missouri (down 13 percent, from 63 to 55), New Jersey (down 7 percent, from 275 to 257), New Mexico (down 3 percent, from 78 to 76) and New York (down 2 percent, from 2,074 to 2,041).
The vacancy rate for all residential properties in the U.S. has dropped to 1.31 percent in the second quarter of 2022 (one in 76 properties). That's down from 1.37 percent in the first quarter of 2022 (one in 73) and from 1.42 percent in the second quarter of last year (one in 70).
States with the biggest annual drops are Tennessee (down from 2.42 percent of all homes in the second quarter of 2021 to 1.55 percent in the second quarter of this year), Oregon (down from 1.84 percent to 1.01 percent), Maryland (down from 1.67 percent to 1.05 percent), Wisconsin (down from 1.36 percent to 0.76 percent) and Minnesota (down from 1.54 percent to 0.95 percent).
- Among metropolitan statistical areas in the U.S. with at least 100,000 residential properties and at least 100 properties facing possible foreclosure in the second quarter of 2022, the highest zombie rates are in Peoria, IL (11.3 percent of properties in the foreclosure process are vacant); Wichita, KS (11.2 percent); Cleveland, OH (9.5 percent); Syracuse, NY (8.9 percent) and South Bend, IN (8.6 percent).
- Aside from Cleveland, the highest zombie-foreclosure rates in major metro areas with at least 500,000 residential properties and at least 100 homes facing foreclosure in the second quarter of 2022 are in Baltimore, MD (8.3 percent of homes in the foreclosure process are vacant); Portland, OR (6.5 percent); Indianapolis, IN (5.9 percent) and Pittsburgh, PA (5.9 percent).
- In the 164 metro areas analyzed for this report, those where zombie homes represent the largest shares of all residential properties in the second quarter of 2022 are Cleveland, OH (one in 1,426 homes are empty and facing foreclosure); Peoria, IL (one in 1,565); Albany, NY (one in 1,725); Syracuse, NY (one in 2,195) and Rochester, NY (one in 2,964).
- Among the 27.9 million investor-owned homes throughout the U.S. in the second quarter of 2022, about 905,000 are vacant, or 3.2 percent. The highest levels of vacant investor-owned homes are in Indiana (6.9 percent), Kansas (5.8 percent), Oklahoma (5.3 percent), Alabama (5.1 percent) and Ohio (5 percent).
- Among the roughly 3,300 foreclosed, bank-owned homes in the U.S. during the second quarter of 2022, 10.8 percent are vacant. In states with at least 50 bank-owned homes, the largest vacancy rates are in Pennsylvania (19.9 percent vacant), Indiana (17.2 percent), Texas (16.4 percent), Ohio (16 percent) and Illinois (15.9 percent).
- The highest zombie-foreclosure rates in U.S. counties with at least 500 properties in the foreclosure process during the second quarter of 2022 are in Broome County (Binghamton), NY (11.8 percent of pre-foreclosure homes are empty); Cuyahoga County (Cleveland), OH (10.8 percent); Onondaga County (Syracuse), NY (9.4 percent); Pinellas County (Clearwater), FL (9.3 percent); and Oneida County, NY (outside Syracuse) (8.3 percent).
- The lowest zombie rates among counties with at least 500 properties in foreclosure in the second quarter of 2022 are in Contra Costa County, CA (outside Oakland) (no pre-foreclosure homes are empty); Hudson County, NJ (outside New York, NY) (0.3 percent); Atlantic County (Atlantic City), NJ (0.4 percent); Mecklenburg County (Charlotte), NC (0.5 percent) and Sacramento County, CA (0.6 percent).
- Among 424 counties with at least 50,000 residential properties, those with the largest portion of total homes in zombie foreclosure status in the second quarter of 2022 are Broome County (Binghamton), NY (one of every 648 properties); Cuyahoga County (Cleveland), OH (one in 933); Peoria County, IL (one in 1,144); Suffolk County (eastern Long Island), NY (one in 1,165) and Oneida County, NY (outside Syracuse) (one in 1,437).
ATTOM analyzed county tax assessor data for about 99 million residential properties for vacancy, broken down by foreclosure status and owner-occupancy status. Only metropolitan statistical areas with at least 100,000 residential properties and counties with at least 50,000 residential properties were included in the analysis. Vacancy data is available at https://www.attomdata.com/solutions/marketing-lists/.
ATTOM provides premium property data to power products that improve transparency, innovation, efficiency and disruption in a data-driven economy. ATTOM multi-sources property tax, deed, mortgage, foreclosure, environmental risk, natural hazard, and neighborhood data for more than 155 million U.S. residential and commercial properties covering 99 percent of the nation's population. A rigorous data management process involving more than 20 steps validates, standardizes, and enhances the real estate data collected by ATTOM, assigning each property record with a persistent, unique ID — the ATTOM ID. The 20TB ATTOM Data Warehouse fuels innovation in many industries including mortgage, real estate, insurance, marketing, government and more through flexible data delivery solutions that include bulk file licenses, property data APIs, real estate market trends, property reports and more. Also, introducing our newest innovative solution, that offers immediate access and streamlines data management – ATTOM Cloud.
Media Contact:
Christine Stricker
949.748.8428
christine.stricker@attomdata.com
Data and Report Licensing:
datareports@attomdata.com
View original content to download multimedia:
SOURCE ATTOM | https://www.kxii.com/prnewswire/2022/06/02/vacant-zombie-properties-rising-second-quarter-amid-jump-foreclosure-activity/ | 2022-06-02T05:16:40Z |
THUNDER BAY, ON, Aug. 2, 2022 /PRNewswire/ - Clean Air Metals Inc. ("Clean Air Metals" or the "Company") (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) is pleased to announce new assay results from the 2022 drill campaign from both the Escape and Current PGE-Cu-Ni Deposits at the Company's Thunder Bay North Project near Thunder Bay, Ontario, Canada (the "Project").
New assay highlights from the Escape deposit area includes (Table 1):
- Infill Hole ELR22-145 which intersected 19.0m grading 2.04g/t Platinum (Pt), 2.52g/t Palladium (Pd), 0.87% Copper (Cu) and 0.45% Nickel (Ni) from 516.0m-535.5m downhole, including 5.0m grading 2.56g/t Pt, 3.22g/t Pd, 1.17% Cu and 0.70% Ni from 518.0-523.0m downhole and increases the known dimensions of the Escape High Grade Zone ("HGZ") (Figure 1).
New assay highlights from the Current deposit area includes (Table 1):
- Metallurgical bulk sample Hole CLM22-005 (HQ core) which intersected 12.0m grading 2.28g/t Platinum (Pt), 2.14g/t Palladium (Pd), 0.45% Copper (Cu) and 0.32% Nickel (Ni) from 142.0m-154.0m downhole including 2.0m grading 4.40g/t Platinum (Pt), 4.60g/t Palladium (Pd), 1.01% Copper (Cu) and 0.84% Nickel (Ni) from 144.0-146.0m downhole (Figure 1) which provides validation to the grade profile of the production area in Years 1-4 of the PEA mine plan;
- Metallurgical bulk sample Hole CLM22-006 (HQ core) which intersected 24.2m grading 1.85g/t Platinum (Pt), 1.84g/t Palladium (Pd), 0.46% Copper (Cu) and 0.27% Nickel (Ni) from 150.0m-174.2m downhole (Figure 2).
Mineral resource endowment and platinum-equivalents are quoted pursuant the Preliminary Economic Assessment (the "PEA") set out in the technical report prepared by Nordmin Engineering Ltd. and titled "NI 43-101 Technical Report and Preliminary Economic Assessment for the Thunder Bay North Project, Thunder Bay, Ontario", effective December 1, 2021 and filed January 12, 2022. Nordmin as QP utilized 2-year trailing average metal price assumptions1 for the updated mineral resource as a basis for the PEA.
The Company is also pleased to announce that they will be participating in Renmark Financial Communications Inc.'s live Virtual Non-Deal Roadshow Series to discuss its latest investor presentation on Thursday, August 4, at 1PM PDT, and Tuesday August 16, at 1:00PM PDT. Clean Air Metals Inc. welcomes stakeholders, investors, and other individual followers to register and attend this live event.
The presentation will feature Abraham Drost, CEO & Director. Topics to be covered will include the latest investor presentation followed by a live Q&A. Investors interested in participating in this event will need to register using the link below. As a reminder, registration for the live event may be limited, but access to the replay after the event will be on the company's investor page.
REGISTER HERE (using latest version of Google Chrome)
Thursday, August 4, 2022 (Los Angeles, CA)
https://www.renmarkfinancial.com/events/renmark-virtual-non-deal-roadshow-tsx-v-air-otcqb-clrmf-2022-08-04-130000
Tuesday, August 16, 2022 (Vancouver, BC)
https://www.renmarkfinancial.com/events/renmark-virtual-non-deal-roadshow-tsx-v-air-otcqb-clrmf-2022-08-16-130000
The Company again states that DRA AMERICAS INC ("DRA") is the successful bid under a request for proposal (RFP) for Pre-feasibility Metallurgical Testing and Process Plant Design for the Thunder Bay North Project. The DRA team has reviewed the existing and historical metallurgical testing results and marketing studies culminating in the Preliminary Economic Assessment (PEA) by Nordmin Engineering, the technical report of which was filed on SEDAR on January 12, 2022. DRA will leverage existing knowledge on standard crush, grind, flotation process design and smelter payabilities into the next phase of testing and metallurgical optimization, including amenability to hydrometallurgical recoveries of the main platinum, palladium, copper, nickel commodity suite with rhodium, cobalt, gold and silver byproducts.
The Company has selected and contracted SLR Consulting through an RFP process to provide independent validation of an updated TBN Project resource estimate for the Pre-feasibility study. The updated resource estimate will include 53600 m of new drilling completed on Escape deposit since the release of the March 4, 2021 Technical report and 6500m of additional infill drilling on the Current deposit since the cutoff date for the PEA.
The Company announced a comprehensive mine plan and cashflow model for both the Escape Deposit and Current Deposit as part of a PEA for the Current and Escape PGE-Cu-Ni Deposits of the Thunder Bay North Project on December 1, 2021. The related Technical Report was filed on SEDAR on January 12, 2022 https://cleanairmetals.ca/site/assets/files/5750/21015-01-pfs-0000_ni_43_101_pea_12jan2022.pdf
Table 1: New Insitu Assay Results Update – Escape HGZ and Current Metallurgical samples (Figure 1)
Abraham Drost, CEO of Clean Air Metals stated that "the Escape and Current deposits continue to perform. Potential peer leading mining head grades and proximity to infrastructure near the City of Thunder Bay and support of the affected First Nation and Metis communities for this sustainable green energy metal mix position the project well. These factors combined with DRA's work targeted on improving ore payabilities are critical to success of the project.
This infill drilling on the margins and extension of the Escape High Grade Zone (HGZ) and metallurgical bulk sampling (HQ core) initially on Years 1-4 of the PEA mine plan on the Current Deposit continues to deliver strong results. The Lower Current and Bridge Zones of the Current Deposit may be accessed 70m below surface and provide a strong start to mining at the Thunder Bay North Project, pursuant to the PEA mine plan. The Escape High Grade Zone (>5g/t Pt+Pd) is also identified as a high value potential mining area at the base of the Escape Deposit contributing feed to the mill at Year 4.5 of the PEA mine plan, pursuant to the recently delivered PEA technical report filed January 12, 2022."
Figure 1: New Drill Hole Intercepts in the Escape Deposit Area
Figure 2: New Drill Hole Intercepts in the Current Deposit Area
The Company is pleased to announce that the shareholders of the Company approved all matters at its Annual General Meeting held on July 27, 2022, as follows:
To access the recording of the AGM, which includes a corporate presentation, please visit:
https://momentum.adobeconnect.com/_a832732884/p4cjsznl3bly/.
Clean Air Metals continued to apply COVID-19 avoidance and personal protection measures for its geological staff, drilling contractor and service suppliers. Personnel are required to self-monitor and self-isolate or elect to work from home. The Company closely follows Ontario Provincial Government COVID guidelines.
Dr. Geoff Heggie, Ph.D., P.Geo., a Qualified Person under National Instrument 43-101 and Vice President - Exploration for the Company, has reviewed and approved all technical information in this press release.
Clean Air Metals uses ALS Global ("ALS"), a well-established and recognized mineral assay and geochemical analytical services company. The Thunder Bay laboratory holds ISO-9000 accreditation; the Vancouver facility holds ISO-17025 registration.
All NQ-sized drill core is cut with a diamond-tipped saw blade with half of the core submitted to ALS for sample preparation and analysis. Core samples from selected intervals are individually bagged and tagged, gathered up in larger sealed poly bags and shipped to the sample prep facility in Thunder Bay, ON under custody of Clean Air Metals' personnel at all times. Sample preparation is completed at the ALS sample preparation facility located in Thunder Bay, ON and analysis is completed at the primary ALS assay laboratory located in Vancouver, B.C.
Clean Air Metals follows a documented quality control procedure for its core assay sampling program consisting of the insertion of blind blanks, duplicates, and certified Palladium-Platinum and Copper-Nickel standards into the sample stream. The insertion procedure results in a minimum of 11% to 12% control sample frequency depending on the length of the sampled interval.
Gold, platinum, and palladium are analyzed using fire assay (FA) with an inductively coupled plasma mass spectrometry (ICP-MS) finish. Samples with grades above the optimal ICP-MS detection limits are analyzed using an optical emission spectroscopy method (ICP-OES).
Also, thirty-three (33) elements of each sample, including copper, nickel, silver, chromium, cobalt, and sulphur, are analyzed by a multi-element analytical method using the atomic emission spectroscopy (ICP-AES) technique following four-acid digestion of the sample. When samples have grades above the optimal detection limits for this analytical method, they are re-analyzed using a high-grade method consisting of either ICP-AES or atomic absorption spectrometry (AAS) techniques.
Clean Air Metals Inc. and its wholly-owned subsidiary Panoramic PGMs (Canada) Ltd. acknowledge that the Thunder Bay North Project is on the traditional territories of the Fort William First Nation, Red Rock First Nation and Biinjitiwabik Zaaging Anishinabek. The parties together are the Cooperating Participants in a Memorandum of Agreement dated January 9, 2021 (press release January 11, 2021) and Exploration Agreement signed April 13, 2022 (press release April 14, 2022).
The Company appreciates the opportunity to work in these territories and remains committed to the recognition and respect of those who have lived, traveled, and gathered on the lands since time immemorial. Clean Air Metals is committed to stewarding Indigenous heritage and remains committed to building, fostering and encouraging a respectful relationship with First Nations, Métis and Inuit peoples based upon principles of mutual trust, respect, reciprocity and collaboration in the spirit of reconciliation.
Clean Air Metals' flagship asset is the 100% owned, high grade Thunder Bay North Project, a platinum, palladium, copper, nickel project located near the City of Thunder Bay, Ontario and the Lac des Iles Mine owned by Impala Platinum. The Thunder Bay North Project hosts the twin magma conduit bodies which host the Current and Escape deposits forming the basis for a robust preliminary economic assessment (PEA) filed January 12, 2002. The PEA of a ramp access underground mine and on-site 3600tpd milling complex and the 2-year trailing average price deck, features a pretax NPV5 of C$425m and an IRR of 31% on initial capital of $367m over a 10-year mine life.
Executive Chair Jim Gallagher and CEO Abraham Drost lead an experienced technical team who are using the Norilsk magma conduit stratigraphic and mineral deposit model to guide ongoing exploration and development prefeasibility studies for a low-carbon, all-electric sustainable mining operation at Thunder Bay North. As the former CEO of North American Palladium Ltd. which owned the Lac des Iles Mine prior to the sale to Impala Platinum in December 2019, Jim Gallagher and team are credited with the mine turnaround and creation of significant value for shareholders.
ON BEHALF OF THE BOARD OF DIRECTORS
"Abraham Drost"
Abraham Drost, Chief Executive Officer of Clean Air Metals Inc.
Website: www.cleanairmetals.ca
Neither the 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 information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation, including statements regarding the potential of the Thunder Bay North Project and the Escape and Current deposits and timing of technical studies including prefeasibility studies and updated mineral resource estimates. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances, except in accordance with applicable securities laws. Actual events or results could differ materially from the Company's expectations or projection.
View original content:
SOURCE Clean Air Metals Inc. | https://www.mysuncoast.com/prnewswire/2022/08/02/clean-air-metals-reports-drill-results-including-19m-grading-204gt-platinum-252gt-palladium-087-copper-045-nickel-hole-elr22-145/ | 2022-08-02T11:14:08Z |
HOULTON, Maine, April 19, 2022 /PRNewswire/ -- Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, a full-service community bank in Maine, has announced first-quarter earnings of $1.8 million, or $0.54 per common share.
Although net income was down 25.4%, or $603,000, from first quarter 2021, much of the drop was anticipated. Results were driven by a reduction in SBA Paycheck Protection Program (PPP) loans, back-to-back swaps, and secondary market loan sales, coupled with higher non-interest expenses in salary and occupancy costs.
"PPP loans and related fee income has drawn to a close, reducing our interest and fee income by $590,000 alone," explains Jon J. Prescott, Katahdin Trust Company President and Chief Executive Officer.
The Bank's total assets reached $963.0 million, an increase of $21.6 million, while total deposits increased by $34.1 million over the first quarter of 2021.
"We end the first quarter of 2022 optimistically, and proudly continue to assist our customers with their personal and business financial goals — now and into the future," added Prescott.
For more information and to view a copy of their most recent quarterly financial report, visit: KatahdinTrust.com/Shareholder-Relations
About Katahdin Bankshares Corp.
Katahdin Bankshares Corp. is the bank holding company of Katahdin Trust Company. Founded in 1918, Katahdin Trust is a community bank based in Houlton, Maine with more than $963 million in assets and 16 banking offices that serve Aroostook, Penobscot, and Cumberland counties. The Bank has nearly 180 employees and, in 2021, was named one of the Best Places to Work in Maine for the fourth year in a row. Katahdin Bankshares Corp. common stock is quoted on the OTC Markets (OTCQX) under the symbol KTHN. Learn more about the Company and its subsidiary bank at www.katahdintrust.com and follow Katahdin Trust on Facebook, Twitter, LinkedIn, and Instagram.
View original content:
SOURCE Katahdin Bankshares Corp. | https://www.wibw.com/prnewswire/2022/04/19/katahdin-bankshares-corp-reports-first-quarter-results/ | 2022-04-19T22:09:33Z |
SAN DIEGO, June 30, 2022 /PRNewswire/ -- Top Digital marketing agency PPC Profit Pros, founded and led by performance marketing expert, Aaron Adamson, is adding in CallRail software into their powerful mix of deep pay-per-click marketing experience, and proven expertise in three of the world's top artificial intelligence and machine learning marketing platforms, Skai (formerly Kenshoo), Adalysis, and Unbounce. This digital marketing firm has a track record of growing profits, 25% to 327%, across all industries and for B2C and B2B brands. Now, with CallRail in their toolset, PPC Profit Pros will be able to track your offline call center type conversions and tie them back to the PPC keywords and ads that produced your leads and sales allowing for offline profit maximization.
With CallRail, PPC Profit Pros can set up personalized call routing for all of your tracked numbers, give your customers options for text messaging, and allow you to engage your customers with automated responses so that your customers know when they will hear back from you.
"CallRail has a lot of great features for our clients, but from our standpoint, the best one, is the ability to send the call lead into our clients CRM with special tracking that tells us what Google PPC keyword, ad and landing page was involved. This gives us something really special. We can finally tie these offline transactions to the online places that our clients are spending money on, and dial the whole system into maximum profit! We have seen amazing profit increases with our clients, whereby we typically can double their profit on call center calls," says Founder and CEO, Aaron Adamson.
PPC Profit Pros delivers superior profit by controlling ROI all along the customer journey across: Keywords, ads, landing pages, and conversion forms. "We use specific tools for specific purposes, at each point from ad impression to lead and sale. These tools are complex, but we've become experts with them, which allows us to give valuable time back to brands; time that they can use to work harder on their businesses," says Adamson.
PPC Profit Pros is an online marketing firm that combines vast experience, exceptional tools, and robust analytics with exceptional marketing techniques to maximize performance in the following areas: Paid search marketing, social PPC, retargeting, performance display, and conversion rate optimization.
For more information, visit https://ppcprofitpros.com.
CONTACT: press@ppcprofitpros.com
View original content to download multimedia:
SOURCE PPC Profit Pros | https://www.mysuncoast.com/prnewswire/2022/07/01/ppc-profit-pros-teams-up-with-callrail-offer-brands-profit-maximization-offline-phone-calls/ | 2022-07-01T01:07:09Z |
Grants Build on Company's Commitment to the Health and Well-Being of Local Communities and Supports Innovative Work at Schools and Nonprofit Organizations
LOS ANGELES, July 7, 2022 /PRNewswire/ -- The Wonderful Company is pleased to announce that its $1 million Wonderful Community Grants application process is now live, building on a long-standing commitment to help local organizations and schools in the Central Valley further their missions and programs. Over the last seven years, The Wonderful Company and its co-owners, Lynda and Stewart Resnick, have awarded over $5 million in Wonderful Community Grants to more than 71 area nonprofits and 165 schools in California's San Joaquin Valley.
Designed to help spark increased engagement with local and regional organizations, the Wonderful Community Grants program encourages initiatives that support health and wellness, recreation, art, social services, and community beautification. The funds will directly support game-changing programs that demonstrate community need and yield tangible and visible results. Every year, The Wonderful Company and its co-owners invest more than $30 million in community development, education, and health and wellness initiatives across the Central Valley and beyond. This program is at the center of the company's ongoing Wonderful Neighbor commitment to support the communities its employees call home.
"Giving back is an essential part of the way we operate every day," said Andy Anzaldo, chief operating officer, corporate social responsibility at The Wonderful Company. "The Central Valley is the heart of our business, and we have always been a company focused on making the communities we serve more equitable places to live, work, and play. Whether it's through the grants we provide or inspiring volunteer efforts of Wonderful employees, we believe in leading through action and we're passionate about helping our neighbors make a profound difference."
Organizations are encouraged to apply. To learn more about the application process and eligibility requirements, join the Wonderful Philanthropy team at one of the following upcoming virtual information sessions:
- Thursday, July 7: 10:00 a.m. to 11:00 a.m. PDT (RSVP here)
- Thursday, July 21: 2:00 p.m. to 3:00 p.m. PDT (RSVP here)
- Wednesday, August 10: 10:00 a.m. to 11:00 a.m. PDT (RSVP here)
All applications must be received by Wednesday, August 31, at midnight PDT for priority consideration and will be reviewed on an ongoing basis past the August deadline. The 2022–2023 class of Wonderful Community Grants recipients will be announced in October 2022.
For additional information and to submit an application, please visit www.wonderfulcommunitygrants.com or email communitygrants@wonderful.com.
The Wonderful Company and its co-owners, Lynda and Stewart Resnick, have a long-standing commitment to invest in the communities their employees call home, especially in California's Central Valley. In addition to the millions of dollars the Resnicks and The Wonderful Company invest in the Central Valley every year, the Wonderful Community Grants program provides critical funding to organizations impacting change throughout the area. Local governments, area nonprofits, schools, and faith-based organizations can apply for grants in the categories of health and wellness, recreation, art, social services, community beautification, and COVID-19 recovery efforts for amounts between $1,000 and $100,000. Funds are available for program development/expansion, innovation, small scale capital improvements, technology, and equipment. More information about Wonderful Community Grants can be found at www.wonderfulcommunitygrants.com.
The Wonderful Company is a privately held $5 billion global company dedicated to harvesting health and happiness around the world. Its iconic brands include FIJI® Water, POM Wonderful®, Wonderful® Pistachios, Wonderful® Halos®, Wonderful® Seedless Lemons, Teleflora®, JUSTIN®, JNSQ™, and Landmark® wines.
The Wonderful Company's connection to consumers has health at its heart and giving back in its DNA. To learn more about The Wonderful Company, its products, and its core values, visit www.wonderful.com, or follow us on Facebook, Twitter, and Instagram. To view the current Corporate Social Responsibility report, visit www.wonderful.com/csr.
View original content to download multimedia:
SOURCE The Wonderful Company | https://www.kxii.com/prnewswire/2022/07/07/wonderful-company-opens-application-window-1-million-central-valley-community-grants/ | 2022-07-07T16:57:18Z |
NEW YORK, July 18, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Hannon Armstrong Sustainable Infrastructure Capital, Inc. (NYSE: HASI) resulting from allegations that Hannon Armstrong may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Hannon Armstrong 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=7529 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
WHAT IS THIS ABOUT: On July 12, 2022, market analyst Muddy Waters Research published a report entitled "HASI: 'ESG' is for Exaggerating, Scamming, and Grifting" which stated several issues with Hannon Armstrong's financial statements, summarizing the issues as "HASI misleadingly inflates GAAP earnings three ways: 1) Through a loophole in the arcana of accounting for renewables subsidies, HASI books non-cash unrealizable income relating to third parties' tax credits that will be reversed; 2) HASI produces non-cash income by manipulating the discount rate it applies to residual assets to implausibly low levels, thereby inflating its gains on securitizations; and, 3) HASI books interest income from non-cash 'Paid in Kind' ('PIK') interest payments, which are essentially IOUs from stressed borrowers."
On this news, Hannon Armstrong's stock price fell $6.92 per share, or 19%, to close at $29.41 per share on July 12, 2022, on unusually heavy trading volume, damaging investors.
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
View original content to download multimedia:
SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/07/18/rosen-respected-investor-counsel-encourages-hannon-armstrong-sustainable-infrastructure-capital-inc-investors-with-losses-inquire-about-securities-class-action-investigation-hasi/ | 2022-07-18T20:45:19Z |
Assata Shakur accomplice gets parole in trooper’s 1973 death
(AP) – A split New Jersey Supreme Court granted parole Tuesday to a former militant convicted in the 1973 death of a New Jersey state trooper, in a case that has resonated for decades and been a thorny issue in U.S.-Cuba relations.
Sundiata Acoli is in his mid-80s and had had several parole bids rejected previously. His attorneys argued he has been a model prisoner for nearly three decades and has counseled other inmates.
The state parole board had contended Acoli still is a risk to commit future crimes and hasn’t taken full responsibility for Trooper Werner Foerster’s death.
Acoli’s more-famous co-defendant, Joanne Chesimard, also was convicted and sentenced to a life term but escaped from a New Jersey prison in 1979. Now known as Assata Shakur, she was given asylum in Cuba by then-President Fidel Castro and remains a fugitive.
In a tweet Tuesday, Patrick Colligan, head of the New Jersey State Policemen’s Benevolent Association, called the ruling an “outrage” and “a slap in the face to every officer.”
In Tuesday’s 3-2 ruling with Chief Justice Stuart Rabner not participating, the court held that the state parole board didn’t meet its required burden of demonstrating there was a substantial likelihood of Acoli committing another crime.
“No member of the Court disputes that Acoli committed a horrific crime,” Justice Barry Albin wrote for the majority. “The issue, however is whether Acoli, after nearly five decades of imprisonment, has satisfied the statutory demands that govern his parole eligibility.”
Albin noted that if the crime had occurred today, Acoli would have been sentenced to life without the possibility of parole, but that New Jersey law at the time allowed for parole.
“However despised Acoli may be in the eyes of many because of the notoriety of his crime, he too is entitled to the protection of the law — and to the fair and impartial administration of justice,” Albin wrote.
In a statement, New Jersey Gov. Phil Murphy said he was “deeply disappointed” by the ruling. State Attorney General Matthew Platkin said in a statement, “I am grateful to the attorneys in my office who opposed the release of Sundiata Acoli and I am disappointed that he will be released on parole.”
Soffiyah Elijah, a civil rights attorney who has advocated on behalf of Acoli, praised the ruling and said, “It’s time now for Mr. Acoli to live the rest of his life in the loving care of his family and community.”
Acoli was known as Clark Edward Squire in 1973 when the car he was riding in was stopped on the New Jersey Turnpike for a broken tail light. According to court documents, Acoli’s gun went off during a struggle with Foerster, who had responded as backup.
The state contended Shakur shot Trooper James Harper, wounding him, then took Foerster’s gun and shot him twice in the head as he lay on the ground. A third person in the car with Acoli and Shakur died from his injuries at the scene. The three were members of a group known as the Black Liberation Army.
Acoli has claimed he was grazed by a bullet and blacked out, and couldn’t remember the exact sequence of events. At his most recent parole hearing, in 2016, he speculated for the first time that Foerster could have been shot accidentally by Harper.
In a dissenting opinion, Justices Lee Solomon and Anne Patterson wrote that the parole board’s decision was supported by the evidence and should be left undisturbed.
“Our only role is to ensure that the Parole Board does not abuse its discretion in making decisions,” Solomon wrote. “In light of the Board’s evident consideration of the record as a whole, we cannot say we are in a better position than the Parole Board to decide Acoli’s fate.”
Foerster’s death and Shakur’s continued fugitive status have resonated over the years and spurred bipartisan agreement in Congress.
In 2013, state and federal authorities announced a $2 million reward for information leading to her capture, and the FBI made her the first woman on its list of most wanted terrorists.
President Donald Trump demanded that Cuba return her in 2017 when he announced plans to reverse some Obama-era Cuba policies, an approach that was hailed in New Jersey by Democratic Sen. Bob Menendez and then-Republican Gov. Chris Christie.
In 2005, Castro referred to Shakur as a victim of “the fierce repression against the black movement in the United States” and said she had been “a true political prisoner.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/10/assata-shakur-accomplice-gets-parole-troopers-1973-death/ | 2022-05-10T18:08:50Z |
January 6 committee chair suggests panel doesn’t need Pence’s testimony
By Ryan Nobles, Jamie Gangel and Gloria Borger, CNN
January 6 select committee Chairman Bennie Thompson told reporters Monday that he believes it will not be necessary for the panel to issue a subpoena to former Vice President Mike Pence and that the committee has been able to glean enough information that his testimony may not be necessary.
“There’s no effort on the part of the committee to get him to come in,” the Mississippi Democrat told CBS. “If he wants to come, we initially thought it would be important. But … we know the people who tried to get him to change his mind, about the count and all of that. So what is it we need?”
While Thompson seemed to minimize the significance of a Pence interview, two committee sources tell CNN the panel has not yet completely ruled out calling the former vice president before it either voluntarily or with a formal subpoena.
“Nothing is off the table,” a committee spokesperson told CNN.
The committee has not informed Pence’s team of any formal decision not to call the former vice president, according to a source familiar with the situation.
It was Thompson who originally revealed the committee’s desire to speak with Pence, telling CNN in January that he hoped Pence would come in on his own to provide information about what he knew about the events leading up to the January 6, 2021, attack on the US Capitol.
“I would hope that he would do the right thing and come forward and voluntarily talk to the committee,” Thompson said at the time.
While Pence has not signaled a willingness to appear himself, he has not stood in the way of some of his top deputies sitting for depositions. His chief of staff Marc Short, his chief counsel Greg Jacob and his national security adviser Keith Kellogg have all sat for lengthy interviews.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/04/january-6-committee-chair-suggests-panel-doesnt-need-pences-testimony/ | 2022-04-05T05:15:45Z |
SIDNEY, May 5, 2022 /PRNewswire/ -- SEMCORP Advanced Materials Group announced Thursday it will establish a manufacturing facility in Sidney, Ohio, creating nearly 1,200 jobs with $73 million in annual payroll and $916 million in capital investment.
The facility will make separator film, a key component in batteries for electric vehicles (EVs). SEMCORP's products will be used by leading EV battery makers across North America.
"The Sidney facility is one of the biggest investments in our company's history because we know the United States is strongly committed to building the supply chains for EVs and energy storage here at home," said Paul Lee, SEMCORP's Co-Founder, Chairman and CEO. "Our Sidney site will be America's largest manufacturer of separator film for EV batteries. We look forward to working hand-in-hand with state and local leaders to make the large-scale domestic production of this component a reality."
"SEMCORP chose the Sidney location because of the state's impressive commitment to vocational education, preparedness for a large-scale project like ours, the strong work ethic in the region, and proximity to key customers," said James Shih, SEMCORP's Group Vice President of Global Projects. "We're thrilled to call Sidney home, and we're going to do all that we can to earn the trust of the local community."
No batteries will be made by SEMCORP, and there is no lithium used in the manufacturing process for separator film. There will be no lithium mining at the site as there are no lithium deposits in or near Ohio. In addition to EVs, lithium-ion batteries safely power a wide range of consumer products such as cell phones and computers. SEMCORP is committed to operating the facility in compliance with all relevant environmental and safety standards, Shih said.
SEMCORP is currently the largest lithium-ion battery separator film producer in the world with five billion square meters in annual base film production capacity across six manufacturing facilities. The company plans to add an additional eight billion square meters in capacity within the next four years, including the Sidney site, with the primary objective of serving the booming EV market.
"SEMCORP's advanced battery separator film will help propel Ohio to the forefront of the electric vehicle industry," said J.P. Nauseef, JobsOhio president and CEO. "Our team of professionals, including the Dayton Development Coalition, the Sidney-Shelby Economic Partnership, the City of Sidney and Shelby County, worked tirelessly to demonstrate why Ohio is the best location for this investment."
The facility will be located at Sidney Ohio Industrial Park at Millcreek and Kuther Road, a site authenticated by JobsOhio's SiteOhio program in 2021. The site has been flagged for major industrial development since 2016. The authenticated site status ensures the site is free of any detriments that may slow or stop development. The 850,000-square-foot facility represents the largest foreign direct investment in Ohio.
"We're thrilled to welcome SEMCORP to the Dayton region. Their decision to manufacture in Sidney advances Ohio's efforts to develop a robust ecosystem for electric vehicles," Dayton Development Coalition President and CEO Jeff Hoagland said. "The fast-growing market for electric automobiles and aircraft represents an incredible opportunity for the Dayton region to remain competitive in the changing manufacturing economy and provide opportunities for our skilled manufacturing workforce."
"We welcome SEMCORP to Shelby County where they join a long list of innovative, world-class manufacturing companies," said Jim Hill, Executive Director, Sidney-Shelby Economic Partnership. "As the global leader in separator film production, SEMCORP will play a vital role in meeting the growing demand for electric vehicle batteries in North America. This project is a big win for Sidney, Shelby County, the Dayton region and the entire state of Ohio."
"The City of Sidney, Mayor, and City Council are all excited, and humbled by the opportunity to work with SEMCORP on their future expansion into Sidney and Shelby County," said Andrew Bowsher, Sidney City Manager. "We are encouraged by their willingness to be a good neighbor and bring even more economic prowess to a thriving manufacturing hub. The City has given its commitment in the way of incentives, and will continue to work with key leaders to not only construct and build this new facility, but also enhance and rebuild the roads, and infrastructure around the site."
"AES Ohio looks forward to this partnership with SEMCORP and the opportunity to support expansion of electrical infrastructure in Sidney," said Kristina Lund, AES US Utilities President and CEO. "It is an economic development win-win when companies like this invest in our communities, state and our talent."
SEMCORP also announced the hiring of Jeff Liu as the President and CEO of its Advanced Materials International division.
"SEMCORP has been a critical part of the supply chain to make the worldwide transition toward electric vehicles possible, and I'm excited to use my experience to bring their technology to the Dayton region," Liu said. "Projects like ours will underwrite the prosperity of this community for the next generation."
ABOUT SEMCORP ADVANCED MATERIALS GROUP
SEMCORP Advanced Materials Group, publicly traded as Yunnan Energy New Material Co. Ltd., is the largest lithium-ion battery separator film supplier in the world. Its separator film products are a key component of lithium-ion batteries used in electric vehicle, energy storage, and consumer electronics applications. SEMCORP specializes in wet-process separator film, and with more than 100 products (both base and coated film), it offers the broadest selection of battery separator film products in the market.
SEMCORP was co-founded by brothers Paul Lee and Tony Li, who immigrated to the United States in the 1980s to study at the University of Massachusetts Lowell and began their careers on the factory floor of a plastics facility in Port Lavaca, Texas. Building on their experience in the plastics packaging and printing industries, they decided to enter the lithium-ion battery separator film business in 2010. Now, SEMCORP has state-of-the-art equipment, cutting-edge technology, an international management team that has led the company from its inception, and a sophisticated quality management system. SEMCORP works hand-in-hand with its customers starting from the earliest stages of their research and development process in order to develop innovative solutions that meet their unique needs. SEMCORP has developed advanced functional coating technologies such as ceramic coating, PVDF coating, AFL coating, and high-temperature polymer coatings that improve battery safety. The functional coated films enable engineers to design safer batteries with long range and cycling performance.
SEMCORP is listed on the Shenzhen Stock Exchange (ticker: 002812.SZ). In addition to separator film, SEMCORP also manufactures packaging and printing products.
QUICK FACTS
· Website: http://www.semcorpglobal.com/
· 2021 Revenues: $1.26 billion USD
· Employees as of December 31, 2021: 5,954
· Market Capitalization as of Market Close, April 29, 2022: $27.4 billion USD
About JobsOhio
JobsOhio is a private nonprofit economic development corporation designed to drive job creation and new capital investment in Ohio through business attraction, retention, and expansion. The organization also works to seed talent production in its targeted industries and to attract talent to Ohio through Find Your Ohio. JobsOhio works with six regional partners across Ohio: Dayton Development Coalition, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership and Team NEO. Learn more at www.jobsohio.com. Follow us on LinkedIn, Twitter and Facebook.
View original content to download multimedia:
SOURCE JobsOhio | https://www.wibw.com/prnewswire/2022/05/05/semcorp-invest-916-million-produce-critical-litihium-ion-battery-component-sidney-expanding-ohios-electric-vehicle-supply-chain/ | 2022-05-05T15:32:17Z |
Gas prices, recession fears, and interest rates spark caution about job changes
MENLO PARK, Calif., July 20, 2022 /PRNewswire/ -- Quicken Inc., maker of America's best-selling personal finance software, today shared findings from a survey indicating that current economic conditions are causing Americans to rethink making changes to their job situation, including delaying their retirement plans.
Survey responses show that almost half (48%) of those who planned to retire in 2022 are reconsidering or have put that plan on hold. Another 25% of 58-74 year olds who were not planning on retiring in 2022 are now considering delaying retirement even further out.
Among those who are considering delaying retirement or unretiring, the changing economic climate is top of mind: 65% cited inflation pushing up costs; 45% pointed to the decline in the stock market, and 30% cited increased interest rates, all leading to the need to work longer; additionally, 12% said their partner's job or compensation had been negatively impacted, and they had to help fill the gap.
"Through the end of 2021, we were in an unusual environment with plenty of jobs, a buoyant stock market, and tame inflation. In 2022, it's a different story," said Eric Dunn, Quicken CEO. "Given our current economic conditions, it's more important than ever to have a financial plan and manage your spending wisely."
Half of those who had planned to switch jobs this year are reconsidering or have put those plans on hold, as well. When asked what has given employees hesitation about changing jobs in the last six months, 40% said gas prices, 30% said the potential for recession, 12% cited rising interest rates for homeownership, and 9% said rising interest rates for student loans.
Whether they decide to switch jobs or not, people often experience some level of angst about that choice. Those who have changed jobs recently claimed a higher level of happiness versus those who did not (40% vs 25%), but almost a third (30%) on both sides still felt "frustration" with their job situation. And those who switched also felt a higher sense of regret (15% vs 7%) and guilt (12% vs 6%) versus those who did not.
There is a bright spot, however, for employees who've been unhappy at work but haven't made a change due to the high value of their stock options. A quarter of employees with equity or stock options say the decline in the stock market has actually made it easier for them to consider a job change, with some already having made a switch.
You can read additional findings from the survey on Quicken's blog.
To help track and manage your financial health, visit https://www.quicken.com/products.
Quicken is the best-selling personal finance software in the U.S. For over 35 years, more than 20 million customers have relied on Quicken to help them take control of their finances. Quicken's award-winning suite of personal finance software and apps — including Quicken Starter Edition, Quicken Deluxe, Quicken Premier, Quicken Home & Business, and Simplifi by Quicken — cater to different financial needs and device preferences. Simplifi by Quicken, named the "best budgeting app" by The New York Times Wirecutter, was added to the Quicken product suite in 2020. Simplifi, a web and mobile app, is designed to help a new generation of digital natives easily stay on top of their finances.
Learn more about Quicken here and follow us on Facebook, Twitter, LinkedIn, YouTube, and Reddit. Click here to learn more about Simplifi by Quicken, and follow us on Instagram, Facebook, and TikTok. Simplifi is available for download on Google Play and the Apple App Store.
Methodology: This SurveyMonkey online poll was conducted in June 2022. The survey consisted of a sample of 1,000 U.S. adults, ages 18 to 74, from the Cint consumer network.
View original content to download multimedia:
SOURCE Quicken | https://www.mysuncoast.com/prnewswire/2022/07/20/inflation-market-decline-are-causing-people-rethink-retirement-quicken-survey-shows/ | 2022-07-20T15:21:57Z |
MELBOURNE, Australia, April 27, 2022 /PRNewswire/ -- Dubber Corporation Limited (ASX: DUB) ('Dubber' or 'the Company'), the leading global Unified Call Recording & Voice Intelligence cloud platform which provides innovative world leading products directly via Service Provider networks, today released its report on the Company's operating activities along with the Appendix 4C for the quarter ended 31 March 2022.
Highlights within the Quarter:
- ARR increased by $5.1m QoQ to $55.1m (62% pcp)
- Revenue for 12 months to March 2022 was $33.7m consistent with reported ARR at March 2021
- Revenue increased by $900,000 QoQ to $9.25m (40% pcp)
- Cash receipts increased by $2.9m QoQ to $8.5m
- Net cash outflows decreased by $7.1m
- Dubber subscribers exceed 540,000
- Launch of Notes by Dubber at Mobile World Congress
- Finalised multiple network UCR agreement with TDC Nuuday of Denmark
- Established core infrastructure for acceleration of future growth
- Dubber is fully funded with in excess of $97.5m cash on hand
- A video update is available at the following link: Dubber Quarterly Update
Continued growth in key metrics, reduction in cash outflows, expansion of Total Addressable Market
The March quarter saw the Company continue to grow its customer base and revenues, scale its core infrastructure to accelerate future growth while reducing cash outflows.
Most of the Company's activities were conducted in the UK, Europe and North America and saw shifts in foreign exchange rates. For reasons of comparative performance evaluation, a constant currency comparison has been added to applicable metrics.
Subscribers
In a quarter which is typically subject to seasonal fluctuations due to telecommunications service provider 'embargo' periods, the Company added $5.1m to its Annualised Recurring Revenue, reflecting growth of circa 10% in the quarter via a combination of 'standard' SaaS and Foundation Partnership subscriptions. On an adjusted basis, which takes into account foreign exchange fluctuations, the Company has ARR of $55.1m. ($56.8m on a constant currency basis).
The Company's 'standard' SaaS subscriptions grew organically by over 30,000 during the quarter and the Company was able to secure Foundation Partner agreements whereby a Dubber service is embedded as a standard feature of every subscription on a network. As previously stated, the Company continues a policy of not including Foundation Partner Program subscriptions in its overall numbers for reasons of consistency and commercial sensitivity. The Company will continue to re-assess its reporting of these subscriptions on an ongoing basis.
Annual Recurring Revenue (ARR)
The Company's ARR is calculated as the next 12 months of subscription revenue net of any incentives. Demonstrating this, the Company reported an ARR number of $34m to the ASX on 29 April 2021, with actual revenue for the 12 months to March 31 2022 of $33.7m in-line.
The Company advises that its December 2021 Monthly Recurring Revenue (MRR) figure reported in the Company's most recent investor presentation contained an item of professional services revenue, which was non-recurring, thereby creating an incorrect expectation of $450k of actual revenue in the March quarter. The reported ARR was correct. For commercial reasons, the Company reached an agreement with a major global service provider, whereby it would provide a subsidy in Q3 FY22 as part of offsetting cancellation costs associated with the migration of a substantial legacy recording customer base to Dubber. Quarterly revenue relating to this service provider is forecast to be in excess of $700k. The Company's current reported ARR is unaffected and as previously stated is expected to generate ~$55.1m revenue over the next 12 months to 31 March 2023.
Revenue
Revenue for the quarter grew by over $900,000 to $9.25m ($9.85m on constant currency basis), an increase of 40% pcp. Total Operating Revenue for FY2021 was $20.33m, this has been surpassed in the third quarter with the Company recognising revenue in excess of $25.6m for FY2022 to date.
Cash Receipts, Net Outflows and Current Position
Cash receipts for the quarter were $8.5m ($9m on constant currency basis) to bring receipts for FY2022 to $23m.
The Company was able to significantly reduce its net cash outflows without impacting its underlying growth strategy. Net cash outflows were reduced by $7.1m compared with the previous quarter as a result of the combination of increased receipts and reduction of previously reported extraordinary items including those relating to the establishment of future growth infrastructure. The March quarter also included some extraordinary items over core operating costs and are outlined in Notes to Appendix 4c (below).
Closing cash balance at 31 March was in excess of $97.5m ($97.8m constant currency), providing excellent balance sheet strength and demonstrating that the Company's long-term business plans remain fully funded.
The Company's core operating cost structure does not relate to maintaining its current revenue levels but, rather, to enable future accelerated growth against its operating plan.
Use Case Diversity and Total Addressable Market
Dubber's business plan disrupts traditional legacy recording models in that it is a uniquely scalable platform served from the source of the calls, the communications network, as opposed to on-premise, hosted and/or contact centre infrastructure. Dubber's customers are the carriers of communication traffic, the Service Providers, and, once available, the Dubber services can be switched on immediately as a network service without any deployment delays or associated costs.
Dubber, therefore, has a substantially broader addressable market than legacy providers where there is a strong perception and reality that call recording is aimed primarily at compliance and regulatory requirements for the financial services sector. Dubber is capable of, and will continue, to serve this sector but its business philosophy and platform allows for the ability to capture all calls and convert those calls into a usable and content rich source of data.
To Dubber, call recording, as a standalone product, is merely one of the use cases in the long-term business model. To date the Company reports user numbers largely associated with call recording solutions, however its end user customer base is significantly broader than strict compliance, with financial services customers reflecting 11% of the total customer base, currently.
The expansion of business operations and delivery of advanced product offerings such as 'Notes' creates an opportunity whereby the total addressable market is the entire customer base of a connected network with the potential for multiple services in each account.
To date, Dubber has experienced zero 'churn' with regards to network connectivity and, almost without exception, the Dubber Platform is the only recording service connected to the networks with which we operate. Expansion of network footprint remains a priority for the Company, augmented by the continual release of additional revenue generating products and services to the core network capability.
Agreement with TDC Nuuday
During the quarter, the Company finalised an agreement with TDC Nuuday, the national carrier of Denmark. The agreement provides for the Dubber platform to be connected to multiple networks including mobile and Unified Communications, and the migration of existing recording users to the Dubber platform, delivering Unified Call Recording for Nuuday customers. The agreement also establishes a footprint for Dubber in the Nordics, an area of focus for additional expansion.
'Notes' by Dubber released at Mobile World Congress
A landmark event for Dubber was the release of 'Notes' which coincided with the Company's attendance of Mobile World Congress, the premier annual event for mobile network operators. A common theme at the event was the appetite for carriers to seek innovative solutions which generate revenue and provide differentiation in a sector which has traditionally been underpinned by utility models relating to price and data usage.
'Notes' by Dubber, enables calls on a network to be transcribed with AI outcomes delivering a comprehensive capability which automates typical note taking requirements, providing speaker separation and identification, topics discussed, action items and calendar/meeting co-ordination. As a stand-alone product 'Notes' has appeal for all users of a network across all demographics, meaning that the Dubber platform services enjoy a Total Addressable Market of potentially every user on a given network.
The Dubber Platform has attained recognition as the industry standard and the desire to turn communication across an entire mobile network into a usable and previously untapped data source is a compelling proposition for mobile network operators. The Dubber Platform has a unique capability to deliver on these industry requirements and the Dubber brand resonates with carriers, representing proven reliability, capability and innovation.
'Notes' by Dubber was also a core product demonstration for Samsung at the event, highlighting the advanced user experience with the Samsung flip phone range.
'Notes' is a standalone product which is available as a Foundation Partner solution, an individual product or in conjunction with other Dubber services from the Dubber Platform, however, the underlying data is the fundamental asset from which Dubber's network data capability can be expanded with unlimited use cases and revenue potential for the Company, its service provider partners, and their end user customers.
The 'Notes' launch is a landmark step towards the original business philosophy of the Company, namely that the Dubber Platform is capable of delivering 'AI for every phone.'
Dubber's Unique Position with Global Unified Communications Service Providers
Dubber continues to maintain a unique and valuable position in the Global Unified Communications sector where its products are offered as a standard feature of every Cisco Webex Calling subscription and a unique capability for Unified Recording via Microsoft Teams service providers.
The Company continues to benefit from this position in terms of its current and near-term user growth and aims to establish deeper commercial relationships with both Cisco and Microsoft accordingly.
Scaling the business
As previously reported, the Company has focussed on building its business operations to a scale which is commensurate with its opportunities and, indeed, its platform capability. During the quarter, the Company continued to successfully integrate the business operations of acquired companies Speik and Notiv, expanding the team and product capability. The Company has been successful in attracting world class talent to fill key roles, many of whom have held significant roles with major organisations including some of our service provider partners.
The Company's business plan includes significant operating leverage from its single global cloud infrastructure which can deliver gross margin at 'Cloud' scale when utilisation is achieved.
The scaling of the business has not been achieved to maintain current and near-term recording revenues relating to that business mode but, rather, to accelerate Dubber's future position as a global presence following the capital raise in July 2021.
The Company now comprises approximately 260 employees, up from 160 at the same time last year.
Notes to the Appendix 4C
Cash outflows for the quarter were subject to a decreased number of extraordinary items, in line with the Company's upscaling of operations which included:
- Payment of $1.35m for PAYE relating to previous periods as per an agreed 'Covid Relief' payment structure. This appears in line 1.2(e) of the Appendix 4C attributed to Staff Costs
- Technical Consultants which appears in line 1.2(a) Research and Development
- Continued investment into footprint infrastructure including in Australia and the UK to accommodate new FTEs as shown in line 2.1(c) of the Appendix 4C
The amounts shown at line 6.1 of the Appendix 4C relate to director fees and salaries. The expenditure incurred on the activities described in this report are materially salaries and operating costs set out in the Appendix 4C.
Steve McGovern, CEO, Dubber:
"The Company was able to maintain its growth trajectory established in the last year, in a quarter which is typically seasonally challenging due, largely to Service Provider embargoes which restrict 'adds, moves and changes' to network infrastructure over the year end/new year period. Growth continues across the entire business when compared with the full year results for FY2021.
"Underpinning our financial results, we have built a core operating team which has strength across the business, including the successful integration of the Speik and Notiv business units and their teams. This will enable us to develop the Company towards our goal of becoming a significant global operator in our field. The commitment to the development of platform capability and release of additional revenue generating products will accelerate the Company's performance against its original 5-year plan, which was largely based on continuing to sell recording services to additional carrier customers.
"We have largely borne the infrastructure costs associated with our growth plan and were able to significantly reduce cash outflows during the quarter, without restricting those plans. Our investments into cloud infrastructure in previous quarters should provide economies of scale which will enable greater gross margins as we increase our utilisation of the Dubber Platform.
"The over-riding belief of the Company is that we are well positioned, with great capability at scale, at a time when our Service Provider customers are seeking value added service revenue in the face of potentially stagnating or declining utility revenues.
"Service Providers carry enormous amounts of content rich data in their calls and communications. To date, this rich source of commercially valuable data has remained untapped. As Service Providers seek to derive value from that content, Dubber is uniquely positioned and fully funded with a technology and brand which has enabled us to establish ourselves in a market leading position."
This ASX release has been approved for release to ASX by Steve McGovern, CEO & Managing Director.
About Dubber:
Dubber is unlocking the potential of voice data from any call or conversation. Dubber is the world's most scalable Unified Call Recording service and Voice Intelligence Cloud adopted as core network infrastructure by multiple global leading telecommunications carriers in North America, Europe, and Asia Pacific. Dubber allows service providers to offer call recording for compliance, business intelligence, sentiment analysis, AI and more on any phone. Dubber is a disruptive innovator in the multi-billion-dollar call recording industry, its Software as a Service offering removes the need for on-premise hardware, applications or costly and limited storage.
View original content to download multimedia:
SOURCE Dubber | https://www.kxii.com/prnewswire/2022/04/28/dubber-corporation-limited-march-2022-quarterly-activities-report/ | 2022-04-28T02:42:41Z |
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Missfresh Limited ("Missfresh" or the "Company") (NASDAQ: MF) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Missfresh investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons who purchased or otherwise acquired Missfresh securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Missfresh's June 2021 initial public offering. Follow the link below to get more information and be contacted by a member of our team:
MF investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Missfresh provided false financial figures in its registration statement and related prospectus issued in connection with the Company's June 2021 initial public offering; (2) Missfresh would need to amend its financial figures; (3) Missfresh, among other things, had lesser net revenues for the quarter ended March 31, 2021; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times and negligently prepared.
WHAT'S NEXT? If you suffered a loss in Missfresh during the relevant time frame, you have until September 12, 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
View original content to download multimedia:
SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/08/11/mf-lawsuit-alert-levi-amp-korsinsky-notifies-missfresh-limited-investors-class-action-lawsuit-upcoming-deadline/ | 2022-08-11T11:15:46Z |
(The Hill) – Rep. Liz Cheney (R-Wyo.), whose criticism of former President Trump has alienated some Republicans, said in a new interview that the GOP is “very sick” and predicted it could take “several cycles” for the party to heal from internal strife and aggressive extremism.
Cheney told The New York Times a little more than a week before her primary challenge against a candidate endorsed by Trump that she is a Republican for life but not a supporter of the current state of the GOP.
She said the GOP is “continuing to drive itself in a ditch and I think it’s going to take several cycles if it can be healed.”
Cheney also questioned other rising stars in the Republican Party, such as Florida Gov. Ron DeSantis and Reps. Marjorie Taylor Green (Ga.) and Lauren Boebert (Colo.).
The Wyoming lawmaker told the Times that DeSantis has “lined himself up almost entirely with Donald Trump,” which she said could be “dangerous,” and also that she would rather serve with most Democratic women than Republicans like Greene and Boebert.
“What the country needs are serious people who are willing to engage in debates about policy,” she told the Times.
Cheney, the vice chair of the House panel investigating the Jan. 6, 2021, attack on the U.S. Capitol, was among 10 House Republicans who voted to impeach Trump over the rioting.
The congresswoman also went to great lengths during a series of congressional hearings this summer to place Trump at the center of the Capitol attack, alleging he was directly responsible for the attempted insurrection after repeating false election claims, pushing to find ways to swing the 2020 election in his favor, and urging rioters to march on the Capitol.
Cheney’s campaign against Trump has had an impact on the race. She is trailing Trump-backed candidate Harriet Hageman ahead of the primary by around 20 points, according to a Casper Star-Tribune poll released last month.
Facing an uphill battle, Cheney has listed instructions on her website informing Democrats and independents how to register as Republicans to support her in the primary.
Last week, she also aired a new campaign ad with her father, former Vice President Dick Cheney, who said Trump was a “coward” and a “threat to our republic.”
Liz Cheney, however, has said telling the truth about Jan. 6 is more important than winning reelection.
“If I have to choose between maintaining a seat in the House of Representatives or protecting the constitutional republic and ensuring the American people know the truth about Donald Trump, I’m going to choose the Constitution and the truth every single day,” she said on CNN last month. | https://cw33.com/news/nexstar-media-wire/cheney-gop-is-very-sick/ | 2022-08-07T22:34:10Z |
MELVILLE, N.Y., July 26, 2022 /PRNewswire/ -- Micross Components, Inc. ("Micross"), a leading global provider of mission-critical microelectronic components and services for high-reliability aerospace, defense, space, medical, and industrial applications, is pleased to announce the expansion of our rad-hard microelectronics offering, as the authorized global distributor for EPC Space's line of packaged radiation-hardened GaN-on-silicon transistors and ICs, which are designed and qualified for satellite and other high-reliability applications.
Spanning a range of 40 V to 300 V, EPC Space offers a family of rad hard enhancement mode power transistors. These power transistors demonstrate significant performance advantages over competitive silicon-based rad hard power MOSFETs. EPC Space technology produces GaN devices that are smaller, lighter and better performing, meaning the devices have many times superior switching performance compared to silicon solutions. To complement the EPC Space discrete products, Micross will also distribute EPC Space's family of rad hard enhancement mode GaN drivers and power stages. These rad-hard GaN drivers are optimized to drive the rad-hard GaN transistors in critical spaceborne systems and applications. The rad-hard power stages integrate a high-speed gate drive circuit with power switches, to provide a complete monolithic power stage in a tiny footprint for a smaller, lighter solution.
"We are excited to bring our leading-edge high performance rad-hard GaN technology together with the expertise of Micross to reach wider and deeper into the Space marketplace where these customer's power applications require 'state of the art' performance along with greater power density solutions," said Bel Lazar, EPC Space's CEO.
Critical spaceborne applications that benefit from the performance improvements that EPC Space devices offer include power supplies for satellites and mission equipment, light detection and ranging (LIDAR) for robotics, autonomous navigation and rendezvous docking, motor drives for robotics and instrumentation, and ion thrusters for satellite orientation and positioning as well as interplanetary propulsion of low-mass robotic vehicles.
"The addition of EPC Space's rad-hard gallium nitride-based power management products complements Micross' expansive hi-rel product solutions portfolio and global expertise in providing mission-critical components and services for hi-reliability applications," said Mark Zack, Micross Components' Sr. Vice President of Die & Wafer Services. "We are excited to offer these innovative products to the high reliability design community."
Related Link: https://www.micross.com/epc-space
For questions regarding article development, please contact:
Chris Stabile, Director of Corporate Marketing Communications
Micross Components
chris.stabile@micross.com
Micross is the most complete provider of advanced microelectronic services and component, die and wafer solutions. With the broadest authorized access to die & wafer suppliers, and the most comprehensive advanced packaging, assembly, modification and test capabilities, Micross is uniquely positioned to provide unparalleled high-reliability solutions from bare die, to fully packaged devices, to complete program lifecycle sustainment. For more than 40 years, Micross has been a trusted source for the aerospace, defense, space, medical, energy, communications, and industrial markets.
For more information about Micross, please visit www.micross.com.
Follow us on Twitter or LinkedIn.
EPC Space provides revolutionary high-reliability radiation-hardened enhancement-mode gallium nitride (eGaN®) power management solutions for space and other harsh environments. Radiation-hardened GaN-based power devices address critical spaceborne environments for applications including power supplies, light detection and ranging (lidar), motor drive, and ion thrusters. eGaN is a registered trademark of Efficient Power Conversion Corporation, Inc. www.epc.space.com
View original content to download multimedia:
SOURCE Micross Components | https://www.kxii.com/prnewswire/2022/07/26/micross-announces-global-distribution-partnership-with-epc-space-expands-rad-hard-gallium-nitride-gan-power-device-offering/ | 2022-07-26T16:51:24Z |
Winning Film Inspired By True Story Of Two Heroic Families: One Risked Their Lives During The Holocaust — The Other Returned The Favor Five Decades Later
NEW YORK, May 17, 2022 /PRNewswire/ -- The Conference on Jewish Material Claims Against Germany (Claims Conference), announced the winner of the Short Film, Large Subject Emerging Filmmaker Contest. First place goes to Sabina Vajrača, a Bosnian-American filmmaker influenced by her Muslim family's experience in Bosnia during World War II.
Gideon Taylor, President of the Claims Conference, said, "The Claims Conference is pleased to provide a new generation of filmmakers the opportunity to bring to life the memory and lessons of the Holocaust. Film is a critical medium when it comes to telling the story of the Shoah, and it is an incredible opportunity to support these directors."
This year's winner, Sabina Vajrača, crafted an exciting narrative inspired by a true story set during two wars in Bosnia. Her film, Sevap / Mitzvah, tells the story of a Muslim family that saves their Jewish friends when the Nazis invade Sarajevo only to have them return the favor fifty years later during the Bosnian war.
The film is inspired by the story of the Hardaga family, who were Muslim, and the Kavilio family, who were Jews. When the Nazis reached Sarajevo during World War II, the Hardaga family took in the Kavilio family. Because of the Hardaga family's heroism and humanity, the Kavilio family survived the Holocaust.
Ms. Vajrača's film and the Hardaga family are featured in the recently launched Claims Conference social media campaign, Don't Be A Bystander. The Hardaga/Kavilio family story alone has garnered over 1.8 million views.
Sabina Vajrača responded to the announcement saying, "I'm deeply humbled and very excited to be the recipient of this year's filmmaking grant from the Claims Conference. What an honor to be selected from what I can only imagine was an incredible group of stories."
Greg Schneider, Executive Vice President of the Claims Conference, said, "We are elated to award Sabina Vajrača the top prize for the Claims Conference's Emerging Filmmaker contest. Her film amplifies a story that inspires all of us to reach beyond social and political norms and lean into our humanity."
More information about the 2021 contest can be found on the Claims Conference website: https://filmcontest.claimscon.org/2021-contest/. Applications are open now through June 6, 2022 for the 2022 Emerging Filmmaker contest. More information and applications can be found at https://filmcontest.claimscon.org/.
For more information about the Claims Conference, please visit: www.claimscon.org.
About the Claims Conference: The Conference on Jewish Material Claims Against Germany (Claims Conference), a nonprofit organization with offices in New York, Israel and Germany, secures material compensation for Holocaust survivors around the world. Founded in 1951 by representatives of 23 major international Jewish organizations, the Claims Conference negotiates for and disburses funds to individuals and organizations and seeks the return of Jewish property stolen during the Holocaust. As a result of negotiations with the Claims Conference since 1952, the German government has paid more than $90 billion in indemnification to individuals for suffering and losses resulting from persecution by the Nazis. In 2021, the Claims Conference distributed approximately $820 million in direct compensation to over 210,000 survivors in 83 countries and allocated approximately $650 million in grants to over 300 social service agencies worldwide that provide vital services for Holocaust survivors, such as homecare, food and medicine.
View original content:
SOURCE Claims Conference | https://www.kxii.com/prnewswire/2022/05/17/claims-conference-announces-winner-film-contest-emerging-directors-focused-holocaust/ | 2022-05-17T05:39:23Z |
Alternative Credit Decisions gives Fraugster customers access to AI enriched data that increases approval rates, reduces credit bureau costs and provides industry and region specific insight
BERLIN, May 18, 2022 /PRNewswire/ -- Fraugster, an AI payment intelligence company, today announced the launch of their latest product, Alternative Credit Decisions, which allows Buy Now Pay Later (BNPL) and Enterprise merchants to approve more customers without increasing credit risk. There is a pressing need for a new approach because BNPLs are reporting much higher bad debt impairment rates than credit cards. For every $1 Bn of processing volume BNPLs write down $19.2 Mn of bad debt compared to $270k per billion for credit cards. At the same time, millions of good customers worldwide continue to experience service denials because BNPL providers and e-commerce merchants are unable to accurately determine their level of risk. This includes a significant proportion of returning shoppers who are treated as if they are buying something online for the first time. This is happening because credit decisions are missing important data.
Alternative Credit Decisions enriches BNPL credit scoring models with over 100 attributes that give a more accurate picture of a buyer's true credit risk. These include highly valuable data points like a buyer's positive transaction history, account history, purchase history and unpaid amounts. This is made possible by global network intelligence and real-time graph networks.
Christian Mangold, Fraugster CEO, says: "Our mission is simple, we want our customers to feel confident that they can trust the person they are approving to repay the amount they are borrowing. The positive results we are already seeing with trial customers make me confident that we can help the e-commerce ecosystem approve more customers without increasing exposure to loan defaults."
Fraugster customers won't only benefit from more accurate decisions, but also reduced costs. Currently, BNPLs and enterprise merchants broadly use credit bureau checks to increase their confidence in an approval decision and pay a fee for each check. Alternative Credit Decisions reduces the need for these checks altogether to save costs and improve accuracy. The product also helps customers rationalise other third party data vendor costs.
To find out more about Alternative Credit Decisions please visit: https://www.fraugster.com/products/alternative-credit-decisions.
About Fraugster
Fraugster is a Berlin based payment intelligence company. Fraugster enables the world's leading merchants, global payment companies like Worldline and Ratepay to intelligently manage the impact of fraud to minimize the costs of fraud, maximize revenue and improve customer experience. Fraugster has developed one of the most accurate AI compliance, risk and fraud management and revenue uplift platforms in the market and is backed by leading deeptech investors Earlybird, Speedinvest, CommerzVentures and Munich Re Ventures. Further information can be found at https://www.fraugster.com.
Logo - https://mma.prnewswire.com/media/1612103/Fraugster_Services_GmbH_logo.jpg
For further information, please contact: pr@fraugster.com
View original content:
SOURCE Fraugster | https://www.kxii.com/prnewswire/2022/05/18/fraugster-launches-new-alternative-credit-decisions-solution-support-bnpls-enterprise-merchants-approve-more-customers-without-increasing-credit-risk/ | 2022-05-18T07:35:30Z |
Ucon Fire Department receives new fire truck
UCON, Idaho (KIFI) - The Ucon Fire Department received a massive upgrade to its arsenal.
Ucon Elementary second graders helped welcome the department's newest fire truck.
The 2004 E-One fire engine has a 750-gallon pumper and was last used in Cottleville, Missouri.
Ucon's fire department bought it a few months ago with wildland funds.
The fire chief says the truck raises the bar for community safety.
"This truck's a newer truck than anything we've had before," sys Ucon Fire Chief Scott Norman said. "And so with a new truck is going to last this for years. We don't need to try and purchase another one. It gives us greater firepower as far as pumping capacity and everything else. It also gives us jaws of life and rescue equipment that we've never been able to do here in Ucon. We've always relied on outside sources. So it gives us the ability to do that in-house." | https://localnews8.com/news/idaho/2022/05/26/ucon-fire-department-receives-new-fire-truck/ | 2022-05-27T02:20:43Z |
GRAPHIC DETAILS: Veterinarians forced to euthanize nearly 30 dogs in animal cruelty case
NICHOLLS, Ga. (WALB/Gray News) - A woman is under arrest after police found multiple dogs living in deplorable conditions in a Georgia home.
Nicholls Police Department Chief Jamie Merritt said officers responded to a home regarding an animal complaint where they located seven adult dogs and 21 puppies at the residence.
WALB reports the home’s back door was open when officers arrived and found several adult dogs bleeding and hairless, covered with fleas.
Police said they found some animals deceased and dismembered.
According to authorities, three litters of puppies, some a few days old, were also found in the home with conditions so poor that the adult dogs were eating the puppies because they were without food.
Merritt said officers took the 28 animals to a veterinarian for assistance, but the team was forced to put the dogs down due to their health conditions.
Nicholls police reported Carol Dukes is facing eight counts of animal cruelty charges in the incident.
An arrest report showed she was already in jail since July 8, after being charged with a criminal trespass bench warrant, possession of meth and having a controlled substance.
Authorities said their animal cruelty investigation continues.
Copyright 2022 WALB via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/07/22/graphic-details-veterinarians-forced-euthanize-nearly-30-dogs-animal-cruelty-case/ | 2022-07-22T20:48:41Z |
Zanardi honored at Long Beach with Walk of Fame induction
By JENNA FRYER
AP Auto Racing Writer
LONG BEACH, Calif. (AP) — Alex Zanardi has been invited back to the Long Beach Grand Prix time and again, in any official race role he wanted. Organizers wanted to induct the Italian into its Walk of Fame, but Zanardi was always too busy. He was training for the Paralympics, hosting his popular Italian talk show, or, content inspiring others to never give up on their life journey. Tired of waiting to honor the beloved athlete, Zanardi was inducted Thursday into the 16th class of the Walk of Fame in absentia. Zanardi has been recovering in Italy since a 2020 crash into a truck while competing in a race on his handcycle. | https://localnews8.com/sports/ap-national-sports/2022/04/07/zanardi-honored-at-long-beach-with-walk-of-fame-induction/ | 2022-04-07T23:33:11Z |
Amazon seeks to overturn union win, says vote was tainted
(AP) - Amazon is seeking to overturn the historic union victory at one of its New York City warehouses, arguing in a legal filing Friday that union organizers and the National Labor Relations Board acted in a way that tainted the results. It now wants to redo the election.
The e-commerce giant listed 25 objections in the filing obtained by The Associated Press, accusing organizers with the nascent Amazon Labor Union of intimidating workers to vote for the union, a claim an attorney representing the group has called “patently absurd.”
“The employees have spoken,” Eric Milner, the attorney, said Thursday in a statement after Amazon’s initial planned objections were made public in another legal filing. “Amazon is choosing to ignore that, and instead engage in stalling tactics to avoid the inevitable — coming to the bargaining table and negotiating for a contract” on behalf of the workers, he said.
Warehouse workers in Staten Island cast 2,654 votes — or about 55% — in favor of a union, giving the fledgling group enough support to pull off a victory last Friday.
In one objection, Amazon said organizers “intentionally created hostile confrontations in front of eligible voters,” by interrupting the mandatory meetings it held to persuade its employees to reject the union drive. In a filing released last week, the company disclosed it spent about $4.2 million last year on labor consultants.
In another objection, Amazon targeted organizers’ distribution of cannabis to workers, saying the labor board “cannot condone such a practice as a legitimate method of obtaining support for a labor organization.” New York legalized the recreational use of marijuana last year for those over 21.
The company had initially signaled it planned to challenge the election results based on a lawsuit the NLRB filed in March in which the board sought to force Amazon to reinstate a fired employee who was involved in the union drive.
The company pointed to the lawsuit in one of its objections filed Friday, saying the regional NLRB office that brought the suit “failed to protect the integrity and neutrality of its procedures,” and had created an impression of support for the union by seeking reinstatement for the former employee, Gerald Bryson.
“Based on the evidence we’ve seen so far, as set out in our objections, we believe that the actions of the NLRB and the ALU improperly suppressed and influenced the vote, and we think the election should be conducted again so that a fair and broadly representative vote can be had,” Kelly Nantel, an Amazon spokesperson, said in a statement.
Bryson was fired in the early days of the pandemic after leading a protest calling for the company to do more to protect workers against COVID-19. While off the job during the protest, Bryson got into a dispute with another worker and was later fired for violating Amazon’s vulgar-language policy, according to his attorney Frank Kearl.
The NLRB did not immediately respond to a request for comment. Its spokesperson, Kayla Blado, has previously said the independent agency has been authorized by Congress to enforce the National Labor Relations Act.
“All NLRB enforcement actions against Amazon have been consistent with that Congressional mandate,” she said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/09/amazon-seeks-overturn-union-win-says-vote-was-tainted/ | 2022-04-09T06:31:50Z |
Former CEO Daniel Hernandez will assume role as Executive Chairman of the Board
MIAMI, Aug. 30, 2022 /PRNewswire/ -- Solis Health Plans, a 4-star Florida Medicare Advantage Plan, is pleased to announce the appointment of Efrain Duarte as CEO and Michael Lynch as COO. Former CEO Daniel Hernandez will assume the role of Executive Chairman of the Board with a focus on growth strategy.
"Together with the board, we have worked on a growth and transition plan to take both the provider and payer side to the next level. We are pleased to welcome Efrain and Michael to Solis Health Plans and know that they will continue our mission to transform healthcare with Medicare Advantage solutions that are transparent, connected, and effective for our members and providers." says Executive Chairman of the Board, Daniel Hernandez.
"I am excited to join Solis Health Plans and continue to expand the business, bringing value to both Members and Providers," says Efrain Duarte, CEO.
Mr. Duarte is a distinguished Healthcare Executive and Medical Doctor with 13 years of leading healthcare organizations (Simply, Better Health, Clear Health Alliance, Amerigroup, and Health Sun) in driving cost-efficient results, statewide expansions, membership retention strategies, development of new product offerings and generating operational efficiencies.
Mr. Lynch joins Solis Health Plans from Cano Health, bringing over 30 years of experience within the health insurance industry. Lynch was the finance lead for Humana's S.E. and headed up contracting for Humana's South Florida Market. Lynch served as VP of Network Administration for CarePlus' start-up operation and developed the business strategy that led to a $450 million sale within 2 years of start-up. Additionally, he worked with Vista and Summit Health Plans to implement approximately $20 million of cost-saving initiatives.
Solis Health Plans uses innovative technology to simplify the process for providers by streamlining authorizations and payments. With this process, Providers are liberated from paperwork and can focus on providing the level of care and service that result in better outcomes for Solis Health Plans members.
About Solis Health Plans
Solis Health Plans is a community-focused Florida Medicare Advantage health plan delivering an outstanding member experience and exceptional service to its members, providers, and brokers. Solis offers competitive plans with expanded benefits in multiple counties. The company is locally based and self-identifies as the Un-Corporate Plan: personal as opposed to bureaucratic, innovative instead of risk-averse, and accountable rather than ambiguous. Solis Health Plans is committed to exceeding expectations and to being the plan of choice for the communities served, with the goal of achieving better healthcare outcomes.
For more information on Solis Health Plans, please visit www.solishealthplans.com.
Solis Health Plans is a 4-star, NCQA Accredited HMO with a Medicare contract and a contract with the Florida Medicaid Program for dually-eligible beneficiaries. Enrollment in Solis Health Plans depends on contract renewal.
View original content to download multimedia:
SOURCE Solis Health Plans, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/30/solis-health-plans-its-board-directors-appoint-efrain-duarte-ceo-michael-lynch-coo/ | 2022-08-30T21:47:01Z |
The partnership opens up works from UMG's catalog to Audiomack users across 16 countries in Africa, the United Kingdom and Canada
SANTA MONICA, Calif., June 22, 2022 /PRNewswire/ -- Audiomack, the artist-first music streaming and discovery platform, and Universal Music Group (UMG), the world leader in music-based entertainment, today announced a new licensing agreement to make UMG content available to Audiomack subscribers across Africa, the United Kingdom & Canada. This expands on a previously signed licensing agreement between Audiomack and UMG for the U.S.
With this new expansive agreement, a curated selection of UMG content is now available for Audiomack users in 16 African countries (Algeria, Benin, Cameroon, Congo, Egypt, Ghana, Ivory Coast, Kenya, Mali, Morocco, Nigeria, Senegal, South Africa, Tanzania, Zambia and Zimbabwe), as well as the U.K. and Canada. UMG will also provide Audiomack a full catalog offering for its premium subscribers in Africa.
Dave Macli, Audiomack co-founder and CEO, said, "Millions of listeners across Africa, the UK, and Canada use Audiomack every day. Our expanded partnership with UMG helps artists in these regions better connect with their local fans and helps artists around the globe tap into a new audience of discovery-focused music fans."
Sipho Dlamini, CEO, Universal Music South Africa & Sub-Saharan Africa said, "We are excited for more fans across Africa and beyond to have greater access to some of Africa's most exciting musical talent, as well as UMG's unrivalled catalog of international superstars and releases. We welcome Audiomack as a partner and look forward to working with them to help strengthen the entire streaming ecosystem in Africa."
Frank Kacou, Managing Director, Universal Music Africa said, "Working with Audiomack will enable our artists from across the continent to reach wider across both French-speaking Africa and beyond, as well as to build their audiences across Canada, the UK and US. We are excited for the future development of streaming across the continent and to finding great new ways to collaborate together with the team at Audiomack."
About Audiomack
Audiomack, which launched in 2012, currently reaches more than 20 million monthly users globally. The streaming and discovery service has played an integral role in breaking new acts, such as Rod Wave and Kaash Paige; served as a trusted partner to Eminem and Nicki Minaj, among other notable artists, to debut exclusive releases; and helped rising African stars, such as Omah Lay, reach an international audience. As of December 2021, Audiomack is the top-ranked music streaming app on Apple's iOS in Nigeria, Ghana, Tanzania, Senegal, and Kenya.
About Universal Music Group
At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audiovisual content. Featuring the most comprehensive catalog of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms, and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information, visit www.universalmusic.com.
View original content to download multimedia:
SOURCE Universal Music Group | https://www.kxii.com/prnewswire/2022/06/22/audiomack-signs-licensing-agreement-with-universal-music-group-expand-global-footprint-africa/ | 2022-06-22T14:14:54Z |
NOON ON WEDNESDAY
HEARING CAN BE SEEN BY CLICKING HERE
WASHINGTON, June 29, 2022 /PRNewswire/ -- Lydia Pope, President of the National Association of Real Estate Broker (NAREB), will testify at a virtual hearing of the House Financial Services Committee today at noon. Pope will join other panelists at the hearing, entitled: "Boom and Bust: Inequality, Homeownership, and the Long-Term Impacts of the Hot Housing Market."
Rep. Maxine Waters, Chair of the House Financial Services Committee, will preside over the hearing.
Joining Pope on the panel will be Michael Calhoun, President, Center for Responsible Lending;
Sam Chandan, Professor of Finance & Director of Stern School of Business, New York University; Jung Hyun Choi, Senior Research Associate for Housing Finance Policy Center, Urban Institute; and Norbert Michel, Vice President and Director of the Center for Monetary and Financial Alternatives, Cato Institute.
In her written testimony, Pope said, "As the country emerges from the 1st phase of the pandemic, rising interest rates along with rising home prices and a limited housing inventory make a perfect storm to suffocate Blacks out of the housing market. With a 1% increase in mortgage rates decreases buying power by 11%. Increasing interest rate and home price market, is widening the wealth gap, delaying more and more Blacks from participating in the American Dream."
(For print or broadcast interviews with NAREB President Lydia Pope or more information about NAREB's Black homeownership campaign, contact Michael Frisby, Mike@frisbyassociates.com/202-625-4328.)
NAREB was formed in 1947 to secure the right to equal housing opportunities regardless of race, creed or color. NAREB has advocated for legislation and supported or instigated legal challenges that ensure fair housing, sustainable homeownership, and access to credit for Black Americans. Simultaneously, NAREB advocates for and promotes access to business opportunities for Black real estate professionals in each of the real estate disciplines.
Contact:
Michael K. Frisby
Mike@frisbyassociates.com/202-625-4328
View original content:
SOURCE NAREB | https://www.mysuncoast.com/prnewswire/2022/06/29/nareb-president-lydia-pope-testify-virtual-house-financial-services-committee-hearing-examining-housing-inequality-homeownership/ | 2022-06-29T15:45:42Z |
CEDAR RAPIDS, Iowa, Aug. 17, 2022 /PRNewswire/ -- Veteran sport industry executives, Rob Ponger and Rick Thurman, today announced that they have assumed senior leadership of Perfect Game, the world's largest youth baseball and softball platform and scouting service.
Ponger, former CFO of IMG Media, and Thurman, co-founder and former co-owner of athlete representation agency, Beverly Hills Sports Council, will serve as Perfect Game's CEO and president/chairman, respectively.
In making the announcement, Ponger and Thurman also shared that Perfect Game Founder, Jerry Ford, will stay on as Perfect Game commissioner, while Brad Clement, the current CEO, will assume the newly created role of executive vice president/general manager.
Moving forward, both Ponger and Thurman will take on more visible roles with Perfect Game, after spending time working behind the scenes to usher in a new era for the organization. Under Ponger's and Thurman's recent guidance and leadership, Perfect Game has evolved into a multi-tiered sport enterprise that has added a proprietary tech platform (PG Tech), a multi-media platform (PerfectGame.TV), launched an apparel line and expanded internationally. Additionally, Ponger and Thurman have steered Perfect Game's recent growth domestically in the amateur baseball and softball space through athletic and multiuse facility development, ownership and management.
"I'm excited to formally announce that my partner, Rick Thurman, and I have assumed senior leadership control of Perfect Game," stated Ponger. "We view Perfect Game as the industry leader in the youth sports and event space, and, as we've already witnessed, we see tremendous growth opportunities for the brand. Jerry Ford, the Ford family, and all those involved with Perfect Game have done a tremendous job in establishing the organization as the best in the world at what it does, and I look forward to working with Rick and the entire Perfect Game family to help the organization reach new heights."
Thurman added: "I echo Rob's sentiments. Perfect Game has the potential to further establish its leadership position as the premier, multi-faceted youth and amateur sport organization providing best-in-class events, services, products and experiences to athletes, their families, industry executives and fans on a global scale. This is a great opportunity to build upon the outstanding efforts of Jerry Ford and grow Perfect Game into a truly global brand."
"I look forward to supporting Rob and Rick as they lend their sport industry expertise to the Perfect Game business model and make it bigger and better than I could have ever imagined when we began this journey in the mid-1990s to provide playing opportunities for Iowa high school baseball players," said Ford. "I know Perfect Game is in good hands, and I look forward to doing whatever I can to help Rob and Rick usher in this new and exciting era for Perfect Game."
Ponger spent nearly 20 years at IMG where, serving as CFO of IMG Media, he provided financial and investment oversight, led mergers and acquisitions, directed corporate restructuring, and drove business development through the creation and implementation of strategic and tactical initiatives that helped position IMG as one of the world's most successful entertainment and sports agencies.
Thurman co-founded the prestigious athlete representation agency, Beverly Hills Sports Council (BHSC) in 1984. In less than two years, BHSC became the largest and one of the most influential baseball player representation firms in the country. Thurman influenced the evolution of the contemporary sports agency over the last 40 years, by providing BHSC clients with an array of full-service management services that expanded beyond traditional contract negotiations and into outside business management guidance, personal marketing and promotion, legal counsel, and personal management all under one roof.
For more information, please visit PerfectGame.org.
Daron Sutton
602-769-5712
dsutton@perfectgame.org
www.perfectgame.org | facebook.com/perfectgameusa | @PerfectGameUSA
View original content to download multimedia:
SOURCE Perfect Game USA | https://www.kxii.com/prnewswire/2022/08/17/longtime-sport-industry-executives-rob-ponger-rick-thurman-assume-leadership-perfect-game/ | 2022-08-17T19:02:23Z |
Financial Institutions can now access Unblu's Conversational Platform via the Q2 Innovation Studio
NEW YORK, June 9, 2022 /PRNewswire/ -- Unblu Corp., the modern conversational platform for financial institutions, today announced its integration with Q2's digital banking platform. Q2 Holdings, Inc. (NYSE: QTWO) is a leading provider of digital transformation solutions for banking and lending. Through the integration, via Q2's Partner Accelerator Program, part of the Q2 Innovation Studio, Unblu is now making its conversational platform available within Q2's digital banking platform, enabling financial institutions to provide a humanized, digital in-person experience. Unblu will offer Q2 customers a pre-enabled platform that allows them to text, talk or collaborate securely with their clients to deliver meaningful advice via their existing digital channels.
"Digital experiences have become high stakes. Getting digital transformation right is critical," said Lisa Merrill Joseph, President of Unblu, America. "The Q2 Innovation Studio enables companies to innovate faster and compress time-to-deployment. It's allowed us to develop a standard integration of Q2 and Unblu that enables FIs who want to leverage Unblu inside the Q2 platform to accelerate digital transformation, reduce costs and ultimately become more agile. We are delighted to be a part of Q2's vision to support best-in-class digital banking experiences."
The Q2 Partner Accelerator Program allows financial services companies to leverage the Q2 SDK and create standard integrations of their technology to the Q2 digital banking platform. Financial institutions can work with these partners to purchase their solutions and rapidly deploy the standardized integrations to their account holders.
Learn more about Q2 Innovation Studio here.
Unblu provides financial institutions worldwide with the best technology to enrich the digital experience of their customers and members by extending their touch points and collaboration capabilities in a secure environment. 160+ financial institutions have implemented our conversational platform, from banks, credit unions and fintechs to insurance and tax-relief firms. To learn more, follow us on Twitter and LinkedIn @Unblu or visit www.unblu.com
Q2 is a financial experience company dedicated to providing digital banking and lending solutions to banks, credit unions, alternative finance, and fintech companies in the U.S. and internationally. With comprehensive end-to-end solution sets, Q2 enables its partners to provide cohesive, secure, data-driven experiences to every account holder – from consumer to small business and corporate. Headquartered in Austin, Texas, Q2 has offices worldwide and is publicly traded on the NYSE under the stock symbol QTWO. To learn more, please visit Q2.com.
View original content to download multimedia:
SOURCE Unblu Corp. | https://www.kxii.com/prnewswire/2022/06/09/unblu-announces-integration-with-q2s-digital-banking-platform-offer-conversational-solutions/ | 2022-06-09T14:06:52Z |
BUCKHEAD – Gov. Brian Kemp, joined by First Lady Marty Kemp, Attorney General Chris Carr, members of the Georgia General Assembly, and local, state, and federal law enforcement officials, signed legislation to further public safety efforts in Georgia Monday. The following legislation was signed at a ceremony in Buckhead:
▪ Gang Prosecution Unit authority: HB 1134;
▪ Enhanced fleeing and eluding penalties: HB 1216;
▪ Clarification of penalties for possession of firearms by felons: SB 479;
▪ Clarification of penalties for possession of child molestation and pornography: HB 1188;
▪ Free basic law enforcement training tuition for former armed service members: SB 358;
▪ Extension of peace officer annuity benefit fund to 911 dispatchers: SB 84;
▪ Registration exemption for POST-certified peace officers: HB 1441.
Stacker looks at every NFL top overall draft pick to make the playoffs in their rookie season, per data from Pro-Football-Reference.com. Click for more.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/news/governor-signs-public-safety-legislation-in-buckhead/article_393deaaa-c4c8-11ec-ae89-63d82f0e4cf9.html | 2022-04-25T19:29:44Z |
ON!Track Unite is an open API single hub for construction data with proven capability to provide better insights, improved efficiencies, and greater cost savings.
PLANO, Texas, June 14, 2022 /PRNewswire/ -- Hilti North America, an innovator of tools, technology, software, and services to the commercial construction industry is leading a fundamental shift in how customers run their businesses with the launch of ON!Track Unite, a new open Application Programming Interface (API) for software integration. The platform transforms what is often complex and manual-based into a seamless digital experience, unifying data from multiple sources, increasing data quality and consistency, and automating processes involving ON!Track Tool Tracking and Asset Management and other software.
In 2015, Hilti launched construction asset management solution ON!Track to help solve problems related to managing assets, services, workers, and safety certifications. The company is building on the software with the release of ON!Track Unite, an add-on which makes using ON!Track even more efficient and unified. The open API facilitates a seamless exchange of data between ON!Track and other applications construction professionals use to run their businesses.
The platform is designed to support two main integration scenarios. Customers can use off-the-shelf integrations available on the marketplace or create their own integrations by leveraging the ON!Track Unite open API. Developers can rely on guidance and modern API documentation on the ON!Track Unite hub to easily build scalable integrations. Construction software players can offer joint customers a pre-built integration between ON!Track and the application they develop or distribute, which can be listed on the integration marketplace. The marketplace already includes many integrations, including Fieldwire, Trackunit, Procore and Viewpoint, a leading construction Enterprise Resource Planning (ERP). Hilti has plans to offer even more integrations soon.
In recent years, Hilti has made major investments to digitize the construction industry and extend its digital Internet of Things (IoT) portfolio. Today's announcement follows the brand's recent acquisition of the project management software Fieldwire, a partnership with Trackunit in the heavy equipment telematics space, and the launch of Nuron, an all-new 22-volt cordless platform with built-in connectivity.
"This API-first approach assist in enabling integrations with other applications so that ON!Track Unite can be catered to the exact needs of every customer, providing a unified experience, and unlocking new business value," said Thibaud Lefebvre, Senior Director of Tools Services at Hilti North America. "Customers who utilize the ON!Track Unite platform will experience a step change in how they operate their businesses because it avoids the duplication manual data entries, helps to correctly allocate asset and consumables costs, and opens the door to increased tool crib transparency. We believe this technology will help our partners make better data-driven decisions and take productivity to new heights."
Fleet customers of Hilti's all-new cordless tool platform, Nuron, can leverage the innovation for a fully connected experience. The tools generate data which is then stored on the Nuron batteries and sent securely to the cloud during every charge without any operator interaction. The data collected includes information on tool usage, charging location and battery state-of-health. Those insights are accessible through ON!Track and will be accessible on the ON!Track Unite open API in the near future.
"This is what customers expect from Hilti – valuable solutions to help their businesses modernize, which will lead to limitless growth and profitability," said Lefebvre. "We understand data is a critical asset that must be highly prioritized. This launch represents a key piece of the open ecosystem of integrated applications that we are expanding and affirms our commitment to the digital change journey."
Hilti will proactively discuss and offer support services to customers who decide to implement ON!Track Unite. The platform is available now for U.S. and Canadian customers. The global rollout will continue in 2023.
Hilti supplies the worldwide construction industry with technologically leading products, systems, software, and services that provide construction professionals with innovative solutions and superior added value. In North America, there are more than 3,800 team members who share Hilti's corporate culture based on integrity, teamwork, commitment, and the courage to embrace change. Hilti calls Texas its North American home since relocating its headquarters to Plano in 2015. To learn more about Hilti, visit our website at www.hilti.com.
View original content to download multimedia:
SOURCE Hilti | https://www.mysuncoast.com/prnewswire/2022/06/14/hilti-opens-up-its-ontrack-tool-tracking-app-help-enable-contractors-manage-more-than-jobsite-assets/ | 2022-06-14T19:34:20Z |
Man wanted in shooting deaths of Miss. police officer, female
MERIDIAN, Miss. (WTOK/Gray News) - A suspect has been identified in the shooting death of a Meridian police officer.
Dante Marquez Bender, 31, is wanted by the Mississippi Bureau of Investigation, which is handling the case.
WTOK reports about 5:30 p.m. Thursday, a call went out over police radios of an “officer down” on the 2400 block of 51st Avenue.
The city of Meridian later issued a statement saying the police officer died.
A female was also found dead at the scene.
Bender is believed to be driving a 2004 black Nissan Armada with a tag reading “IMANI.” Bender may be armed and dangerous. If you see him or come in contact with him, call 911 immediately.
Authorities urged anyone with further information on Bender or his whereabouts to call 911 or 1-855-485-8477 or email MBITIPS@dps.ms.gov. All tips are anonymous.
MBI agents are investigating the case and will share their findings with the local district attorney’s office.
Copyright 2022 WTOK via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/10/man-wanted-shooting-deaths-miss-police-officer-female/ | 2022-06-10T01:52:56Z |
(NewsNation) — Friday marks the first day of funerals for the victims of the Highland Park, Illinois shooting where a gunman killed seven at a Fourth of July parade.
Three of the seven victims are being laid to rest as the wounded start to recover. They are Jacquelyn Sundheim, 63, who worked at a nearby synagogue for decades teaching preschoolers and leading Bar Mitzvah ceremonies; Steven Straus, an 88-year-old who liked to stay active in the community, and Nicolas Toledo-Zaragoza, 78, a grandfather whose family was hoping he would move home permanently.
The suburban Chicago community of Highland Park is still reeling after Monday’s attack, in which a gunman perched on the rooftop of a business downtown and began spraying bullets.
An 8-year-old boy injured in the shooting remains in critical condition. Cooper Roberts was shot in the chest and the bullet then severed his spinal cord, doctors say. He is expected to recover.
“He’s undergone several surgeries since Monday, including one last night during which doctors were finally able to close up his belly,” Anthony Loizzi, spokesman for the Roberts family, said.
Roberts’ mother and twin brother were grazed by shrapnel in the shooting.
Robert Crimo III, 21, was charged with seven counts of first-degree murder in connection with the shooting. Multiple other charges are expected as well, according to Lake County State’s Attorney Eric Rinehart.
Some in the community are calling for the suspect’s father to face charges as well.
Robert Crimo III was already known to authorities, after he attempted suicide in April 2019. Five months later, he threatened to “kill everyone” in the home. Despite this, his father, Robert Crimo, Jr., still helped him get a gun permit in 2019 by sponsoring the license.
Robert Crimo, Jr. told the New York Post this week that the threats his son made against the family were just a “childish outburst” and denied any responsibility for his son’s actions.
Police are still investigating the motive for the attack.
If you or someone you know is thinking of harming themselves, the National Suicide Prevention Lifeline provides free support at 1-800-273-8255. Starting on July 16, 2022, U.S. residents can also be connected to the Lifeline by dialing 988. For more about risk factors and warning signs, visit the organization’s official website. | https://cw33.com/news/nexstar-media-wire/first-funerals-begin-for-victims-of-highland-park-shooting/ | 2022-07-08T16:36:24Z |
Councilmember Paul Taylor face ethics violations, investigation, exposing weakness in city code
District 6 Councilmember Paul Taylor is at the center of two ethical complaints, marking the first time the Jackson City Council has voted to hire a firm to investigate one of its own at Tuesday’s city council meeting.
The two complaints, which were anonymously sent through the city’s “ethical advocate” portal, accuse Taylor of using his position as a city council member, such as insider knowledge and specific votes, to give his family’s company, Gary A. Taylor Investment Company, an unfair advantage in the market.
The complaints specifically point to Taylor’s votes relating to the Georgia-Pacific manufacturing plant, which his family owns land near, and Taylor’s push for a comprehensive housing study, which the complainant alleges will allow the Taylors to “personally and financially benefit” as he is “using his position on the city council to have taxpayers fund a study for developers.”
Taylor categorically denies any such conflict of interest, and went as far as to announce any properties or assets he or his family owns that related to any of Tuesday’s regularly voted items—six in total.
Despite Taylor’s assertions of innocence, the council hesitantly voted to move forward with an investigation via an outside law firm.
Lewis Cobb, city attorney, expressed his desire to remain out of the proceedings.
“Since I have attorney-client relationships with the mayor and the council, and deal with each (council member) on a confidential basis, I don’t feel comfortable conducting an investigation into Taylor,” he said, after presenting the issue to the council. “I would make a recommendation that someone outside my firm, and probably outside Jackson, come in and review Taylor’s statements and the complaints.”
Ernest Brooks Jr. emphasized the council’s need for transparency in this issue, saying the issue was a point of extreme importance to the future of the council.
“The ordinance and restrictions must apply to members of this council,” he said. “Ethics passed by the general assembly requires that personal interest that affects, or appears to affect, the actions of a municipal official must be disclosed. It includes any connection.”
In reference to the six total items Taylor disclosed potential conflicts within a single meeting, Brooks added, “As you’ve seen today, this has become an important prophylactic directive.”
Brooks also admitted to the difficulty of the council making a decision on its own members.
“While the ordinance requires the council to determine if a complaint has merit, I’m uncomfortable making that decision,” he said. “I think every complaint has merit and should be investigated. In order for this administration to move forward and prepare for the Blue Oval, we must have the public trust.
“Ultimately we’re not here to evaluate the service of Taylor, however—in the spirit of openness, transparency and accountability, I ask my brothers and sisters to join me in an investigation. This is also to prove that the council is unbiased, non-complicit and shows no favoritism. An investigation will also protect the due process rights of the accused.”
The vote was mixed, with five voting for the investigation, and two—Russ McKelvey and Ross Priddy—voting against it. Taylor abstained.
Cobb will now work to move the issue to an outside firm to investigate the complaints.
Taylor’s defense
In an email sent to councilmembers prior to Tuesday’s meeting, Taylor admitted that he had not considered the perceived conflict of interest noted in the first complaint, but that the second complaint was simply incorrect.
“When considering the proposed Georgia-Pacific project and associated voting matters, my mindset was focused on bringing industry and jobs to this community, while simultaneously reducing the city's debt and creating revenue for other budgetary needs,” Taylor said, regarding the first complaint. “When I sit as a council member and participate in city-related business or planning my focus is purely on what is best for the city, my constituents, and the greater community.
“I have historically abstained from voting on matters that directly deal with our developments and had not considered that my votes could be viewed as a potential conflict in this instance.”
Regarding the second complaint, Taylor expressed that his family’s company would get no benefit from the housing study.
“What I have requested and continue to push for is a 'Comprehensive Housing Study,' which will be used to develop a policy and planning document to help our community address the existing housing shortage, homelessness, affordable housing, and the anticipated population growth from Ford's Blue Oval City,” Taylor said. “This study will be available as a public document and will be used by the city's Planning Department to set policy and proactively plan to encourage healthy and diverse growth.
“This is not a ‘study for developers,’ this is a study for our community to become strategically competitive in the region by providing necessary and appropriate housing opportunities to citizens across the socioeconomic spectrum.”
Taylor also offered proof that his family’s company simply didn’t need the study—according to Taylor, Gary A. Taylor Investments commissioned strategic real estate analyses in early January 2022 for $18,500.
Properties owned by Gary A. Taylor Investments can be viewed here.
Complaint exposes procedural weaknesses in council
The scene at Tuesday’s city council meeting felt vaguely sacrificial, with Taylor unintentionally on the altar of experimental legality.
Cobb expressed the difficulty the complaint posed, as it was the first time an ethical complaint had been filed against a councilmember—and ironically, against the very councilmember who spear-headed the complaint portal itself.
“These filings were made with ethical advocate in late February or early March,” Cobb said. “When I received them, I looked at the applicable state laws, I looked at the applicable local ordinances, and I tried to find how other states and cities handled those. Since there was no path to follow, I sort of had to blaze a trail.”
The portal was created by a committee Taylor was on, in the wake of the legal issues surrounding Waste Management back in 2019, and the ballpark in 2020--both prompted by Jackson Sun investigations.
While the portal created a way for city employees and residents to safely and anonymously report fraud, abuse or misuse, it left a lot up to debate regarding policy and follow-up actions, which left Cobb in a bind.
“I didn’t think I needed to report it to the person subject to the investigation before reporting it to everyone, and I didn’t want to report it to everyone until I felt like I had found the proper short-term and long-term ramifications, because however we handle it this time will determine how we handle it if there’s a next time,” he said.
This was an issue that Taylor brought forward, as he was apparently unaware there were any complaints against him until a few days prior to the meeting.
“That was an issue,” Taylor said, following the city council meeting. “An entire council meeting passed between the complaint and me knowing about this. I wasn’t given an opportunity to address these complaints (before it went to the public setting). I wished I had known about this a month ago so I could’ve addressed it then. But I addressed it today—it may have seemed like I was going overboard, but I just want to make sure that, going forward, that I’m doing everything that I can do to have the full faith and confidence of this community.”
Taylor acknowledges the irony if being caught up in the very policies he helped set up, but believes that if it helps pave the path to avoid future entanglements, then so be it.
“A lot of this came out of work I did on fraud, waste and misuse,” he said. “I think it’s unfortunate that we’re all here today and put in this situation though. I think this should be a wake-up call for all of us—it certainly is for me—to broaden our disclosures to the public. This is a small community, and we’re all very active in it. It doesn’t take a long line to connect us to things.
“Ultimately, this isn’t about the conflict of interest with myself, but the perception of that. And we need to do everything we can to make sure that perception is mitigated to the fullest extent. It’s unfortunate that I have to go through this but if it betters the city, so be it.”
Mayor Scott Conger cautions that this incident could set the precedent for either smoother sailing or an onslaught of political and fraudulent complaints.
“I think in theory—we went from no structure or system for people to make complaints without fear of retaliation (to this),” he said. “We are progress over perfection, every single day. The system is not perfect in my opinion. Allowing anyone anywhere to click a link on our website and make a complaint about someone and have it brought before a public setting like this lends itself to a bunch of issues. So we’re going to have to look into this process for those things."
He rolled his eyes and added, “Because, you know, what if a councilmember jaywalks, and someone makes the complaint that they didn’t get a ticket and (the police) are accused of favoritism? It’s gets ridiculous and it gets political… We want to continue creating that safe opportunity for them, but we don’t want to get to a point where it gets to a campaign season and we’re doing frivolous ethics reports every month because someone running against someone can complain anonymously. We need a better process.”
As for this specific incident, Conger expressed his support for Taylor in glowing terms.
“I’ve known Taylor to be nothing but above board—he wants nothing but what’s best for the city. He’s worked with myself, councilmembers and department heads to do what’s best for the city. So it’s unfortunate that this needed to play out in the public arena the way it is, but we’ll work to better our process so we don’t run into this again.”
Have a story to tell? Reach Angele Latham by email at alatham@gannett.com, by phone at 731-343-5212, or follow her on Twitter at @angele_latham. | https://www.jacksonsun.com/story/news/2022/04/06/councilmember-paul-taylor-face-ethics-violations-exposing-weakness-city-code/9476574002/ | 2022-04-06T18:10:07Z |
Grants will support equipment upgrades, employee retention, and deferred maintenance, for local-owned restaurants
LOS ANGELES, April 11, 2022 /PRNewswire/ -- SoCalGas today announced a second $525,000 donation to the California Restaurant Foundation's (CRF) Restaurants Care Resilience Fund. Last year, SoCalGas co-founded the Fund to help small businesses recovering from the Covid-19 pandemic and was also a leading donor, committing $525,000 in 2021. Qualifying restaurants throughout SoCalGas' service area are encouraged to apply for a $3,000 grant starting April 15th. These grants aim to support equipment upgrades, employee retention, and deferred maintenance, allowing small restaurants to recover after nearly two years of incurring debt, losses, and shouldering rising costs.
The application period closes on April 30.
"Restaurants and the families and employees that run them showed incredible resilience and strength as they adapted their businesses to serve all of us during the pandemic," said David Barrett, vice president and general counsel at SoCalGas and California Restaurant Foundation board member. "Last year's grants provided essential support to local restaurants as they struggled to keep their doors open. This year, grant funds will provide support for kitchens or crews, while overall supporting restaurant resiliency."
"We are honored that SoCalGas has returned as a partner for this year's Resilience Fund, and extremely grateful they identified the program as being worthy of one of their largest charitable donations planned for this year," said Alycia Harshfield, Executive Director of California Restaurant Foundation. "SoCalGas' generous contribution will help independent restaurant owners across central and southern California invest in their people, their equipment and ultimately, the long-term health and success of their business."
This year, the Restaurants Care Resilience Fund will award nearly $1.5 million in grants to small businesses in 2022. Last year, 318 restaurants statewide received grants including Rajas con Crema, in the City of Maywood, run by wife-and-husband team Alicia and Javier Solorzano, who opened their dream Mexican restaurant after more than 16 years in the catering business. The dishes are inspired by Alicia's travels, recipes from friends, and family, while adding her own touch.
"We are extremely thankful to the California Restaurant Fund and SoCalGas for the grant, and for creating this fund to help local restaurants," said Javier Solorzano, owner of Rajas con Crema. "Our concern was to survive, and the grant helped us give back to our community in a time of need. We were able to donate warm meals to local families while paying for our employee's time. I highly encourage other restaurants to apply for this grant, it can make all the difference."
"We are grateful to SoCalGas for their ongoing commitment to community and small businesses through this grant opportunity and many other efforts, including their food distributions in the City of Maywood and Southeast Los Angeles during the pandemic," said Maywood Mayor Heber Marquez.
Another grant recipient from 2021, Natalia Pereira of Woodspoon, a Brazilian restaurant in downtown Los Angeles said, "The Resilience Fund is such a special program on so many levels-the people and the program are wonderful, and this initiative has such an incredible impact on the restaurant community throughout the region!" Woodspoon recently received the MICHELIN Bib Gourmand award that recognizes restaurants with "value for money."
The Zagat-rated Shiro Restaurant in South Pasadena has been serving French food over 34 years and received a grant award last year. According to Shiro owner Irene Yokoi, "There are no words to express our gratitude for receiving your funds during our turmoil to cope with Covid-19 closures. It has helped us great deal especially for covering the cost of payroll."
In addition to providing financial support to restaurants, SoCalGas offers programs and services for selecting energy-efficient equipment for any commercial customer. Restaurant owners can schedule a "try before you buy" equipment demo to test-drive gas cooking equipment before making a purchase, sign up for an energy survey by a utility expert, and receive information on rebates and incentives on qualified gas cooking equipment, water heating, heat recovery products and installation of eligible energy-efficient upgrades.
Restaurants Care Resilience Fund applications will be open from April 15-30, 2022 and can be found at www.restaurantscare.org/resilience. Grants will be available to all California-based restaurant owners with less than three units and less than $3 million in revenue. Priority will be given to restaurants owned by women and people of color. Last year, the Resilience Fund awarded 318 grants to independent restaurant owners, 65 percent of which were women-owned and 83 percent person of color-owned.
SoCalGas' partnership with the California Restaurant Fund is part of the company's ASPIRE 2045 sustainability goals, which includes a commitment to invest $50 million to drive positive change in diverse and underserved communities over the next five years. In addition to supporting the Restaurant Care Resilience Fund, in 2021, SoCalGas contributed $9.6 million in total community investment, $4.8 million to support health & human services, and $2.3 million to education causes. In 2021, SoCalGas' Fueling Our Communities program provided over 9,800 free meals, over 2,600 grocery bags, and 2,520 restaurant gift cards totaling $60,400 in support of 25 local restaurants.
Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment.
SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas is committed to the goal of achieving net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by dairy farms, landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy services holding company based in San Diego.
For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook.
California is home to more than 90,000 eating and drinking places that ring up more than $72 billion in sales and employ more than 1.6 million workers, making restaurants an indisputable driving force in the state's economy. The California Restaurant Foundation is a non-profit that empowers and invests in California's restaurant workforce. Founded in 1981, CRF supports the restaurant community through relief grants for restaurant workers facing a hardship, job and life skills training for 13,500 high school students each year, and scholarships. For more information visit www.calrestfoundation.org.
View original content to download multimedia:
SOURCE Southern California Gas Co. | https://www.kxii.com/prnewswire/2022/04/11/socalgas-champions-restaurant-recovery-with-additional-525000-support-restaurants-care-resilience-fund/ | 2022-04-11T19:20:45Z |
Rainwater is unsafe to drink everywhere, researchers say
(CNN) - Researchers say rainwater across the globe should be considered unsafe to drink because of the presence of what are known as “forever chemicals.”
The study is based on United States environmental protection standards for levels of the thousands of chemicals that do not break down and are continuously cycled through the environment.
The study by Stockholm University and ETH Zurich University concludes there is likely no part of the world unaffected by the contamination, saying the chemicals have been found in Antarctica and the Tibetan Plateau.
Research shows the chemicals, known as PFAS, may be associated with a number of health risks, including cancer.
The lead researcher said in the industrial world, people do not often drink rainwater, but many people around the world do and expect it to be safe, and it supplies many drinking water sources.
The study was published in the journal Environmental Science and Technology.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/09/rainwater-is-unsafe-drink-everywhere-researchers-say/ | 2022-08-09T18:52:20Z |
OneSignal enables customers to personalize omnichannel customer messaging at scale
SAN MATEO, Calif., Sept. 13, 2022 /PRNewswire/ -- OneSignal, one of the most widely used customer messaging and engagement solutions, today announced its availability on Google Cloud Marketplace, offering more customers the ability to personalize customer engagement at scale. OneSignal users will now be able to streamline the procurement and deployment process, increase customer retention, and create more powerful mobile applications on Google Cloud.
"We've been highly impressed with the quality of the Google Cloud ecosystem and the support they offer to their partners. We're excited for this partnership to better support our mutual customers and grow awareness of OneSignal within the Google Cloud community," said George Deglin, CEO and Co-Founder of OneSignal.
As a Google Cloud partner, OneSignal offers gaming and media customers the ability to scale personalized customer engagement in a Google Cloud native environment. Key features include:
- Easy implementation and seamless connection to Google Cloud services
- Improved user journeys driving increased in-app purchases
- Secure, fast, and scalable message delivery across multiple channels
- Robust SDKs and APIs to leverage real-time user behavior for personalization without additional engineering work or app store updates
"Game and media companies are increasingly seeking out solutions that allow them to enhance the end-user experience with technologies compatible with their own cloud environment," said Kip Schauer, Global Head of Media and Entertainment Partnerships, Google Cloud. "By making its solution available on Google Cloud Marketplace, OneSignal is demonstrating its commitment to helping Google Cloud customers drive enhanced customer experiences with easy-to-implement cloud technology."
To learn more about OneSignal's role as a Google Cloud Partner, please visit https://onesignal.com/integrations/google-cloud-platform.
OneSignal is the market-leading customer engagement solution, powering customer journeys across mobile and web push notifications, in-app messaging, SMS, and email. The powerful and easy-to-use omnichannel platform enables over a million businesses to deliver 10 billion messages daily. OneSignal supports 500,000 mobile applications — nearly 15% of all apps — enabling companies in 140 countries, including Zynga, USA Today, Bitcoin.com, Sweetgreen, Upwork, Tribune, and more. OneSignal was founded in 2014 as a mobile app development company by Y Combinator alums George Deglin and Long Vo and is venture-backed by SignalFire, Rakuten Ventures, Y Combinator, Hubspot, and BAM Elevate. The company is based in San Mateo, California, with offices in London and Singapore.
Dex Polizzi
Lumina Communications
Onesignal@luminapr.com
View original content to download multimedia:
SOURCE OneSignal | https://www.kxii.com/prnewswire/2022/09/13/onesignal-launches-google-cloud-marketplace/ | 2022-09-13T12:42:28Z |
I’ve been thinking a lot about Character Education. A few decades back, I began seeing colorful Character Education posters in schools. It was part of a curriculum that promoted the basic character traits: responsibility, cooperation, perseverance, kindness, honesty and respect.
I remember some critics calling the program a waste of time, just as they criticized anti-drug and positive behavior programs like DARE (Drug Abuse Resistance Education) and CHAMPS (Choosing Healthy Activities and Methods Promoting Safety). I reported on several of these classes, usually held in 5th or 6th grades. I never considered them to be a fix-all for society’s woes, but I figured the lessons couldn’t hurt. Sadly, some kids see few if any good role models at home.
Certainly, there are some real “characters” among us. I used to hear that term often when I was growing up. For instance, our town drunk was a real character. (The word was often pronounced “care-actor.”) Webster’s defines a character as “a person marked by notable or conspicuous traits … like the features that make up an individual.” Based on the many “characters” I knew, that often included drinking too much, talking too loud, or behaving in an unusual manner.
So when schools started emphasizing the benefits of good character traits, I was totally on board. I was frequently asked to help recognize or reward a child who had shared their lunch with a needy friend, comforted a classmate that had been bullied, or rushed to open a door for someone with a heavy load. Others were honored for spending time with a handicapped friend or aiding a family member in an emergency medical situation. We definitely have a good number of heroes who exhibit good character traits.
But we also have too many people, young and old, who evidently missed out on character education lessons. Some of their worst behavior has been on display during the pandemic. You’ve seen the videos of people who have berated clerks and waitresses. Perhaps you heard about the sick dolphin stranded on a Texas beach that died after being harassed by a crowd of people who also tried to ride it. And don’t get me started about the lack of civility in our government.
So I asked several friends: “Based on the behavior you see in public, on the highway, and in government, are Character Education lessons in school doing any good?”
The most common response was, “These lessons should start at home.” I agree, but you and I both know that’s simply not going to happen in some homes. The first and sometimes only place a kid sees a good role model is at school. If that’s where they learn it’s not okay to throw a fast food bag out of the car window, that is time well-spent. To me, that’s more valuable than memorizing the exact date Millard Fillmore became president. (He was number 13, and that’s all I care to know.)
Another friend told me, “The internet allows us to see in real time, the behavior and character of people worldwide. Far too often, a culture of disrespect and selfishness is what our children see, especially from individuals who hold high offices.” I could not agree more. Much of what we have seen in recent years in the White House and Congress should be flagged with “Parental Guidance Suggested.”
Society in general seems to be increasingly mean-spirited and defiant. In some homes, the “background noise” is provided by cable opinion channels. Is it any wonder we are more argumentative and less willing to cooperate, collaborate and compromise?
According to one teacher, “Social media has changed the dynamic in schools. Kids are bombarded every day with inappropriate role models and behavior. The message they see is ‘It’s all about me.’
“Andy Griffith Show” reruns are still on the air, sharing some good character lessons, but they’re far outnumbered by edgier current sitcoms and reality shows. One friend told me, “In order for these shows to get attention, they have to be mean-spirited. Gone is anything redeeming, including common courtesy, empathy and respect. Pop culture often reflects real life.”
Let’s make character education a priority, especially in our homes. | https://www.albanyherald.com/opinion/david-carroll-in-the-time-of-covid-we-need-more-character-education/article_44f7523e-c570-11ec-b602-cb7795e97c68.html | 2022-04-26T22:39:57Z |
GRAND RAPIDS, Mich., May 18, 2022 /PRNewswire/ -- For one educator, breaking the stigma surrounding mental health is important, especially for students. May is Mental Health Awareness Month and bringing awareness to this topic is Shannon Root-Hernandez, a social worker at Plymouth Scholars Charter Academy, part of the National Heritage Academies network of schools.
It's common for people to feel protective of their feelings in fear of being judged, she said, adding educators are integral in helping create spaces where students feel cared for, loved, and supported.
"Brené Brown, a world-renowned researcher on vulnerability, shame, and leadership, once said, 'Teachers are the guardians of spaces that allow students to breathe, be curious, explore the world and be who they are without suffocation. Students deserve one place where they can rumble with vulnerability and their hearts can exhale.' I believe this quote resonates with those within the school setting, but it's important for parents to know, as well," Root-Hernandez said.
"Our students are constantly observing us, learning from us, and confiding in us when they need a trustworthy person to listen to them. For most students, coming to school is a safe space for them. We want them to feel comfortable enough at school to be vulnerable."
Vulnerability helps with working through difficult feelings and anxiety is one of the most common feelings. Anxiety can be defined as difficulty staying still, constantly worrying, feeling irritable, poor memory, or somatic symptoms such as having a headache, insomnia, stomachache, or chest pain.
"Being able to recognize feeling anxious is the best preventive measure before anxiety begins to consume an individual," Root-Hernandez said.
A common cause of anxiety for students is testing. Both students and teachers may feel under pressure. From the students' perspective, they want to do their best – they want to make their parents and teachers proud, she said.
According to Root-Hernandez, five strategies can help students with test anxiety:
- Be prepared. Take time to study, so you feel confident.
- Use positive self-talk to quiet the negative thoughts.
- Find ways to calm your body before, during, and after the test.
- Take your time and focus on one question at a time.
- Talk to a parent, school counselor, or teacher. They can work with you on coping skills.
"Taking care of our own mental health is as important as our physical health," Root-Hernandez said. "Being aware of how we are feeling, as well as how anxiety can impact our students is so important for success. The more we speak out about mental health, hopefully, the more comfortable students will share about how they are feeling."
About National Heritage Academies:
National Heritage Academies (NHA) is a network of 98 tuition-free, public charter schools across nine states, serving more than 60,000 students in kindergarten through 12th grade. For more information, visit nhaschools.com.
View original content to download multimedia:
SOURCE National Heritage Academies | https://www.mysuncoast.com/prnewswire/2022/05/18/mental-health-students-it-should-not-be-taboo-subject-says-one-plymouth-scholars-educator/ | 2022-05-18T21:11:38Z |
Beltone Achieve™ offers surround sound for a more natural hearing experience, while the Beltone Imagine™ Custom Completely-In-Canal (CIC) offers a discreet, simple hearing solution
GLENVIEW, Ill., Aug. 16, 2022 /PRNewswire/ -- Beltone, named America's #1 Hearing Care Retailer by Newsweek, debuted two new hearing aids today, Beltone Achieve and Beltone Imagine Custom CIC. These hearing aids were designed and engineered with advanced hearing technology to offer more benefits to users so hearing loss doesn't have to slow them down.
"Our goal is to encourage more people to treat their hearing loss sooner as there are options available for everyone, which is why we continue to create a strong portfolio of solutions," explains Beltone President, Mike Halloran. "As hearing aid technology evolves, we continue to listen to the requests of our patients and independent practice owners to address their needs and are excited to be able to offer two innovative new hearing solutions that fit these demands."
While many traditional hearing aids limit overall awareness of sound by focusing mainly on the sound in front of the hearing aids when moving into a noisy environment, the new Beltone Achieve hearing aids use surround sound to help patients hear what is happening in front, back, above and below. Featuring best in class technology, Beltone Achieve provides the ultimate natural hearing experience for those with mild-to-severe hearing loss along with seamless connectivity to wireless devices, up to 30 hours of battery life on a single charge, all-day comfort, and are weather and sweatproof for active lifestyles. Additionally, the surround sound provided by the hearing aids helps improve situational awareness so you can feel confident and tuned in to what is happening around you and make the most of each day.
- Follow all the action with surround sound as it increases your ability to track the sounds moving all around you
- Heightens sound clarity with a 150% improvement in speech understanding in loud environments1
- Delivers a natural perception of your own voice providing less distraction during conversations
- Tailored connectivity for crystal clear phone calls, streaming, and hands-free calls with iPhone and iPad* and direct streaming from Android smartphones
- Available in the popular Receiver-in-Ear (RIE) style and in eight inclusive color options
For those looking for a discreet hearing aid option, the new Beltone Imagine Custom CIC hearing aids are a perfect solution for those with mild-to-severe hearing loss who want a simple and easy to use device. As our smallest hearing aid model, they fit comfortably and completely in the ear canal for all-day wear and are designed to work with your unique ear shape to facilitate a more natural sound.
- So discreet it is unlikely anyone will realize you are wearing them
- Simple and easy to use, just put in your ear canal and go
- Weather & sweatproof and naturally shielded from wind noise, great for active lifestyles
- Available in five different Blend-In™ colors and In-Style™ Anthracite
Beltone Achieve and Imagine Custom CIC will be available at Beltone locations nationwide beginning August 25, 2022. Learn more at www.beltone.com.
*Beltone Achieve hands-free calls are compatible with iPhone 11 or later, iPad Pro 12.9-inch (5th generation), iPad Pro 11-inch (3rd generation), iPad Air (4th generation), and iPad mini (6th generation), with software updates iOS 15.3 and iPadOS 15.3 or later.
1 Jespersen et al (2022)
For more than 80 years, Beltone has been one of the nation's most trusted and leading hearing care provider. In addition to providing some of the most reliable, affordable and advanced hearing aids, we also pride ourselves on serving as a partner to our patients every step of the way during their hearing health journey. With more than 1,500 Beltone locations nationwide, each office is a local business part of the community it serves and the hearing care professional and staff at your local Beltone will get to know you to provide a personalized experience during your journey to better hearing. And with a nationwide network, you can expect this level of personalized service wherever you go. Our Beltone hearing care professionals receive extensive training and education, so they are always equipped with the latest knowledge to bring you the best care. Proudly part of the GN Group, Beltone continues to focus on the needs of our patients through the research and development of innovative new hearing technologies to allow you to hear what truly matters the most. To learn more, please visit us at www.beltone.com and on LinkedIn.
GN Group facilitates communication between people through its intelligent hearing, audio, video, and gaming technology. Inspired by people and driven by our innovation leadership, we leverage technological synergies to deliver unique and increasingly individualized user experiences in our products and solutions.
150 years ago, GN was founded with a truly innovative and global mindset. Today, we honor that legacy with world-leading expertise in the human ear, audio, video and speech, wireless technologies, miniaturization, and collaborations with leading technology partners. GN's solutions are marketed by the brands ReSound, SteelSeries, Jabra, Beltone, Interton, BlueParrott, Danavox and FalCom in around 100 countries. Founded in 1869, the GN Group employs 7,000 people and is listed on Nasdaq Copenhagen (GN.CO).
Visit our homepage GN.com and connect with us on LinkedIn and Facebook.
© 2022 GN Hearing A/S. All rights reserved. Beltone is a trademark of GN Hearing Care Corporation. Apple, the Apple logo, iPhone, iPad, and iPod touch are trademarks of Apple Inc., registered in the U.S. and other countries. Android is a trademark of Google LLC.
View original content to download multimedia:
SOURCE Beltone | https://www.mysuncoast.com/prnewswire/2022/08/16/beltone-announces-launch-two-new-hearing-aids-part-continued-dedication-patient-care-amp-support-its-independent-network-owners/ | 2022-08-16T10:21:51Z |
NEW YORK (AP) — Sue Bird admitted that it felt like a fairy tale.
It was only fitting that her final regular-season game in her hometown of New York ended with her hitting the last shot. The league’s all-time assist leader made a 3-pointer to seal the game and give the Seattle Storm a 81-72 win over the New York Liberty on Sunday.
“This has been amazing,” said Bird, who finished with 11 points. “In some ways, I was kind of bummed my last game in New York was so early in the season. It was one of the first places that I was going to play for the last time.”
Bird, the league’s all-time assists leader, announced Thursday that she would retire at the end of the 2022 season. She grew up in Long Island, about an hour from Barclays Center.
While the shot clock ran down with 18.9 seconds left. Bird got the ball on the wing and held her follow-through much to the admiration of the crowd, who gave her a standing ovation as she came out of the game right after.
“It was bouncing around and I knew it needed it,” Bird joked about holding her hand up.
The Liberty honored her pregame with a four-minute video tribute, and one-time teammates Sami Whitcomb and Natasha Howard gave Bird a jacket and jersey that featured every New York team stitched into them.
New York players wore shirts that said: “Thank You Sue. Love, New York” while they warmed up an hour before the game.
“That was special for New York to do that,” Bird said. “I couldn’t have written this any better. It’s been a really fun day.”
Bird needed about 100 tickets for family and friends who wanted to take in her last game in New York. The crowd — one of the biggest of the season — included her mom, Nancy.
The 41-year-old Bird received a standing ovation from the crowd when she was introduced. She had a relatively quiet first half with two points, three assists and two rebounds as Seattle led 39-37 at the break.
The game was tight throughout, and Seattle (10-6) led 75-72 in the final minute before Williams hit a 3-pointer with 53.3 seconds left from the wing after a scramble for the ball. Then 35 seconds later Bird hit her final shot.
Gabby Williams scored a season-high 23 points to lead the Storm.
Marine Johannes scored a career-high 23 points to lead New York (6-10). Sabrina Ionescu added 12 points, 10 assists and eight rebounds for the Liberty.
RETURN OF DIDI
DiDi Richards played in her second game of the season, returning from a right hamstring injury. She checked in midway through the first quarter. Richards finished the game playing 13 minutes and scored one point and four rebounds.
“It’s nice seeing DiDi back out there,” Ionescu said. “She’s had a long road of rehabbing, so she’s going to continue to get better and help us.”
___
More AP women’s basketball: https://apnews.com/hub/womens-basketball and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/williams-helps-storm-beat-liberty-in-birds-new-york-finale/ | 2022-06-20T08:50:38Z |
DALLAS (KDAF) — Best Buy owner premium outdoor furniture company Yardbird is opening its first North Texas showroom in Frisco this month.
This will be the third showroom in Texas and the 14th standalone showroom in the nation. Officials say the showroom will be located at 3231 Preston Rd. Suite 3 Frisco, TX 75034, opening in mid-August.
Best Buy acquired Yardbird earlier this year. Yardbird is a socially conscious and environmentally friendly outdoor furniture brand. The brand’s wicker furniture is made with ocean-bound plastic and the brand offsets 100% of its carbon footprint.
For more information visit yardbird.com. | https://cw33.com/news/local/best-buys-outdoor-furniture-company-yardbird-is-opening-a-showroom-in-frisco/ | 2022-08-04T13:46:37Z |
New board president combines history with the organization with a fresh approach
FORT LAUDERDALE, Fla., July 20, 2022 /PRNewswire/ -- The Multiple Sclerosis Foundation, known in the MS community as MS Focus, announced today that Eric Schenk, long-time president of the Board of Directors has retired, and Charles Eader, an officer with more than 20 years' experience with the organization, was elected as his successor.
"We're grateful to Eric Schenk for all his years of service and dedication to the MS community," said Natalie Blake, Executive Director of MS Focus," and excited to have Charles Eader step into the role. Charles has a long history with the organization and thoroughly understands our culture, challenges, and goals. But as a long-time activist in his community, he also brings advocacy and community-building skills that are a great asset. It's really the best of both worlds for our organization."
Mr. Eader received his degree in Business Administration from Emory University – Goizueta Business School in 1988. A twenty-six year career at AT&T followed, retiring as a Sr. Project Program Manager. He is very active in community affairs, currently serving as the tax administrator for Somerset County, New Jersey, after more than ten years on the county board of taxation. He also serves as chairperson of the Somerset County Democratic LGBTQ+ Caucus.
"I thoroughly believe in the mission of MS Focus to help improve the quality of life for those challenged by MS. This is why I have actively been involved with the organization for over two decades," said Mr. Eader. "Building on the legacy of Eric Schenk, who welcomed me into the organization all those years ago, I am excited to expand my role and to continue to be an advocate."
Other officers of the Foundation's Board include Mark Shalloway of Shalloway & Shalloway, P.A. in West Palm Beach, Fla. elected to the position of Vice President; Elaine LaFlamme of Gallagher and Basset in Miami, Fla. elected to the position of Treasurer; and retired retail executive John Blackstock of Bradenton, Fla re-elected to the position of secretary.
About Us: MS Focus: Multiple Sclerosis Foundation is a nonprofit organization focused on providing free services that address the critical needs of people with MS, helping them maintain the best quality of life. Headquartered in Fort Lauderdale, Florida, MS Focus provides services throughout the United States and its territories. Learn more at www.msfocus.org.
View original content to download multimedia:
SOURCE Multiple Sclerosis Foundation, Inc. | https://www.wibw.com/prnewswire/2022/07/20/board-changes-offer-best-both-worlds/ | 2022-07-20T14:01:32Z |
(The Hill) – U.S. airline passenger complaints doubled in the first half of 2022 compared to the same period in 2021, according to a Department of Transportation (DOT) report published this month.
Passengers filed nearly 16,000 complaints with the DOT against U.S. airlines from January to June. That’s more than double the 6,827 complaints filed in first half of 2021.
American Airlines recorded the most complaints in the first half of 2022, with 3,186 filed against the Fort Worth, Texas-based company on everything from flight problems, refunds, fares, refunds, baggage and accessibility issues.
United Airlines recorded 2,391 complaints from January to June of this year, while passengers filed 1,909 complaints against Spirit Airlines.
Ranking fourth was Frontier Airlines, at 1,750 filed complaints. In fifth place was Jetblue Airways, with 1,676 filed complaints.
Airlines have struggled to meet high consumer demand this year as travelers emerged from the pandemic’s peak waves and shutdowns, leaving many flights canceled and delayed, to the frustration of the public.
Companies have blamed everything from a pilot shortage to high fuel costs and extreme weather for the mass cancellations and delayed flights.
The travel disruptions have angered the Biden administration and congressional lawmakers, especially as thousands of flights were canceled over holiday travel weekends, including for the Fourth of July and Juneteenth.
Transportation Secretary Pete Buttigieg met with airline executives in June and House Democrats introduced a bill this month that would force companies to give up cash refunds to passengers if a flight is canceled or significantly delayed.
The DOT’s latest Air Travel Consumer Report, filed by The Office of Aviation Consumer Protection, also breaks down the number of flight cancellations recorded in the first half of the year.
More than 106,000 flights were canceled from January to June. In the same period last year, just over 41,000 flights were canceled.
Southwest Airlines canceled the most flights, with 16,321 of them scrubbed in the first half of 2022.
The Dallas, Texas-based company has faced some scrutiny for its canceled and delayed flights. The airline has canceled up to 40 percent of its flights on some peak travel days.
According to the DOT report, American Airlines canceled the second most, at 16,288 from January to June. Republic Airways cut 10,270 flights in the first half of 2022, ranking third. | https://cw33.com/news/nexstar-media-wire/u-s-airline-passenger-complaints-soared-in-first-half-of-2022/ | 2022-09-01T12:47:13Z |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.