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WASHINGTON (NEXSTAR) – Arguments are erupting in the capitol as lawmakers consider Republican Sen. Lindsey Graham’s new proposal to ban abortions nationwide after 15 weeks.
The new bill does have exceptions only for rape, incest or to save the mother’s life. However, not even all Republicans are united in support of it.
“Abortion should be the exception, not the rule,” Graham, R-S.C., said. “We’re not a better nation here aborting babies at 15 weeks who can feel excruciating pain.”
Democrats and the White House call the bill extreme and out of touch.
“That is not in line with a majority of Americans,” White House Press Secretary Karine Jean-Pierre said.
Sen. Patty Murray says Republicans are trying to rip away women’s rights.
“They sure seem to think they know better when it comes to your body. This is horrifying,” the Washington Democrat said.
Senate Majority Leader Chuck Schumer added that he thinks the plan is hypocritical.
“Republicans are twisting themselves into pretzels trying to explain why they want nationwide abortion bans when they said they’d leave it up to the states,” Schumer, D-N.Y., said.
Republican leader Mitch McConnell seemed to echo that idea when asked about the bill.
“I think most of the members of my conference prefer this be dealt with on a state level,” McConnell, R-Ky., said.
It’s unclear if other Republicans support Sen. Graham’s bill. Sen. Rick Scott says he hasn’t decided.
“There has to be reasonable restrictions, but there has to be exceptions,” Scott, R-Fla., said.
With Democrats currently in control of Congress, Sen. Graham says he realizes his bill may not even get a vote. Though, he says things will be different if Republicans take back the majority.
“If we take back the House and the Senate, I can assure you we’ll have a vote on our bill,” Graham said.
However, without more unity from his party, he can’t guarantee it would pass. | https://cw33.com/news/washington-dc-bureau/nationwide-abortion-ban-bill-sparks-controversy-among-lawmakers/ | 2022-09-14T02:07:02Z |
Baseball signed by Zelenskyy to be sold for Ukraine relief
By MARK PRATT
Associated Press
When Ukrainian President Volodymyr Zelenskyy autographed a baseball for an American collector in 2019, he probably had no idea it would one day be used to help his nation during a time of need. Auctioneer RR Auction of Boston said Tuesday that the official Rawlings Major League baseball is being sold by Randy Kaplan. He’s a renowned collector of more than 500 balls that have been signed by world leaders. A portion of the proceeds will go to war relief efforts in Ukraine. The ball was expected to sell for at least $15,000 but the leading bid as of Tuesday had already exceeded that amount. | https://localnews8.com/sports/ap-national-sports/2022/05/03/baseball-signed-by-zelenskyy-to-be-sold-for-ukraine-relief/ | 2022-05-04T00:32:53Z |
Nationals end skid against Dodgers, win 1-0 in series finale
By PATRICK STEVENS
Associated Press
WASHINGTON (AP) — Erick Fedde and three relievers combined on a six-hitter, César Hernández had an RBI single and the Washington Nationals beat the Los Angeles Dodgers 1-0 to avoid a series sweep. Washington snapped a nine-game skid against Los Angeles. The Nationals had not defeated the Dodgers since Game 5 of the NL Division Series in 2019. Tanner Rainey stranded two in the ninth inning for his fourth save in six tries, getting fly balls from Cody Bellinger and Will Smith to end it. Los Angeles lost for only the second time in 11 games. | https://localnews8.com/sports/ap-national-sports/2022/05/25/nationals-end-skid-against-dodgers-win-1-0-in-series-finale/ | 2022-05-26T03:13:32Z |
Customers are invited to trade in old smart watches and receive a discount on the new Amazfit GTR 4 or GTS 4
CUPERTINO, Calif., Sept. 8, 2022 /PRNewswire/ -- Amazfit, a leading global smart wearables brand owned by Zepp Health (NYSE: ZEPP), a health technology company, has announced their new device Trade-In Program, inviting customers to exchange old smartwatches for a discount on the new Amazfit GTR 4 and GTS 4 smartwatches.
Those interested in the Trade-In Program are encouraged to visit Amazfit GTS 4 & GTR 4 pages and follow the Trade-in links to submit their device's make, model number, and contact information and receive its trade-in value. After mailing in their device and purchasing the GTR 4 or GTS 4, Amazfit will refund users in the amount of the trade-in value. Devices from Amazfit, Apple, Fitbit, Fossil, Garmin, and Samsung will be eligible for the trade-in program, and specific eligibility information can be found on the Amazfit website.
This month, Amazfit unveiled its two brand-new flagship smartwatches, the Amazfit GTR 4 and Amazfit GTS 4, the latest additions to the Amazfit Lifestyle Series. These new style-focused, high-performing watches feature the industry's first-ever dual-band circularly-polarized GPS antenna, 150 built-in sports modes, and the new ability to automatically track strength training exercises. The GTR 4 boasts an ultra-long 14-day battery life with typical use and lasts up to 50 days in clock-only mode, and the GTS 4 lasts an impressive 8 days with typical use. In addition to Amazfit's signature suite of 24/7 health management functions, the GTR 4 and GTS 4 debut the upgraded Zepp OS 2.0, for a truly optimized user experience. Additional highlights from the new series include:
- Built-in Amazon Alexa voice assistant
- Built-in Speaker; Live Sports Data Broadcast; Bluetooth Phone Calls; Music Storage & Playback.
- Classic Business-oriented and Fashion-focused Designs.
- Upgraded BioTracker™ 4.0 PPG Biometric Optical Sensor, with more accurate health monitoring for metrics including blood oxygen saturation, heart rate, and stress levels.
- Updated Battery Saver Mode for Continued Function Usage.
- Brand-new Sleep Schedule & Morning Update Features.
- Upgraded Zepp OS 2.0; Adjustable Layouts & Color Themes, and a Richer Mini App Ecosystem.
In addition to the GTR 4 and GTS 4 Trade-In Program, Amazfit has announced a strategic partnership with adidas Runtastic this month, which will allow the GTR 4 and GTS 4 to support syncing running workout data including distance, duration, rate, speed, start/end time, etc. to the adidas Running app via the Zepp App, after the upcoming Zepp App firmware update version 7.1.0 - with more Amazfit devices adding compatibility at a later date.
The Trade-In Program is open to residents of the U.S., and will be available until October 7, 2022. For more information or assistance, please visit Amazfit GTS 4 & GTR 4 pages or email tradein@amazfit.com. For more information about Amazfit, please visit https://www.amazfit.com/en/ and follow us on Facebook, Instagram, Twitter and YouTube.
About Amazfit
Amazfit, a leading global smart wearable brand focused on health and fitness, is part of Zepp Health (NYSE: ZEPP), a health technology company. Offering a wide selection of smart watches and bands, Amazfit's brand essence is "Up Your Game", encouraging users to live their passions and express their active spirits freely. Amazfit is powered by Zepp Health's proprietary health management platform that delivers cloud-based 24/7 actionable insights and guidance to help users attain their wellness goals. With outstanding craftsmanship, Amazfit smartwatches have won many design awards, including the iF Design Award and the Red Dot Design Award.
Launched in 2015, Amazfit is today embraced by millions of users. Its products are available in more than 90 countries across the Americas, EMEA, and APAC regions. For more information about Amazfit, visit www.amazfit.com/us.
US PR contact: angela.tang@zepp.com
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SOURCE Amazfit | https://www.kxii.com/prnewswire/2022/09/08/amazfit-announces-new-device-trade-in-program/ | 2022-09-08T16:45:20Z |
DALLAS (KDAF) — Legacy West in Plano is celebrating Black businesses for the month of August.
The North Texas shopping center has been hosting Black Business Month from Aug. 4 and will wrap up the month on Aug. 28.
“Celebrate Black Business Month here at Legacy West as we partner with local Black Businesses to host Pop-up shops every Friday-Sunday located in the Starbucks Reserve Breezeway,” as their website states.
Some of the featured vendors include:
- Creteation
- Hair by Akoni
- The Crowned Macaron
- Concrete Dream
- Sparkle Co.
- Pelindaba Lavender
- Design by Society
- Nu Standard
- Studio Nine Seven Two
- Eyllek Skincare
- Cicely’s Jazzy Art
- The Greater Good Apparel Co.
- Jackson The Brand
- Kid’in Around
- Aubri Jaiel Beauty
- House of Dasha
- Shop Mezai
- The Artistry of Essential Oils
- Confetti & Kindness
- And-Made by Hand
- Newton’s Sassy Sauce
- Charmaine Marshall
- Ezra Coffee Co.
- V.I.P. Lippy
- Tuffbaby’s Organic Essentials
- Customiced Designs
For more information, click here. | https://cw33.com/news/local/legacy-west-in-plano-hosting-black-business-month-until-aug-28/ | 2022-08-23T20:35:47Z |
MADISON, Wis., April 26, 2022 /PRNewswire/ -- QuHarrison Terry announces the release of "The Metaverse Handbook" with co-author Scott "DJ SKEE" Keeney and publisher John Wiley & Sons. The metaverse has rapidly become the most enigmatic and enticing concept of recent years. In due time, the metaverse will disrupt everything from social media to eCommerce to workplace communication and more. The companies, creators, and consumers who want to be the disruptors (and not the disrupted) must first understand the foundations and core technologies of the metaverse.
You can purchase your copy of "The Metaverse Handbook" here: metaversehandbook.com
"Over the past 2 years, I've been building the best metaverse experiences with DXSH MV & TSX Entertainment, which I've distilled into a crash course in this book," said DJ SKEE. "We built the largest, persistent celebrity-based metaverse with the Queen of the Metaverse, Paris Hilton, who shares her journey in the foreword."
In brief, "The Metaverse Handbook" is a can't-miss guide to participating in the metaverse. Through metaverse creator case studies and actionable insights, you'll walk away from this book understanding how to explore and implement the latest metaverse tech emerging from blockchain, XR, and web3. More importantly, you'll feel educated on how to unearth unique metaverse opportunities in digital communities, commerce, and immersive experiences.
"Ultimately, culture is the main ingredient that will transform the metaverse from a techie fantasy into the next great digital gathering space," said QuHarrison Terry. "For the last two decades, DJ SKEE has been at the epicenter of driving culture forward in sneakers, tech, sports, music, and now the metaverse. That's why he's the best co-author for the job."
Scott "DJ SKEE" Keeney is an entrepreneur, radio personality, and the Chief Metaverse Officer at TSX Entertainment. He's most known for his creation of DASH Radio and introducing the world to top artists including Kendrick Lamar, Justin Bieber, and Lady Gaga.
QuHarrison Terry is a 4x recipient of LinkedIn's Top Voices in Technology award and the bestselling author of The NFT Handbook. His work has appeared everywhere from WIRED to Forbes. QuHarrison is the co-host of CNBC's primetime series "No Retreat: Business Bootcamp" and a notable growth marketer who has advised Mark Cuban and his portfolio of 200+ venture companies.
Ryan Cowdrey
505-333-9117
r@vnmusa.com
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SOURCE QuHarrison Terry | https://www.kxii.com/prnewswire/2022/04/26/bestselling-author-quharrison-terry-announces-metaverse-handbook-with-co-author-dj-skee-publisher-john-wiley-amp-sons-featuring-foreword-by-paris-hilton/ | 2022-04-27T03:21:21Z |
NY Times report: McCarthy said he would urge Trump to resign
(AP) - House Republican leader Kevin McCarthy told other GOP lawmakers shortly after the Jan. 6, 2021, Capitol insurrection that he would urge then-President Donald Trump to resign, according to an audio recording posted Thursday night by The New York Times.
The Times reported that the audio was a recording of a Jan. 10 conversation among House GOP leaders in which they discussed the Democratic effort to impeach Trump.
McCarthy is heard telling the other lawmakers that he would tell Trump, “I think this will pass, and it would be my recommendation you should resign.”
McCarthy also said: “What he did is unacceptable. Nobody can defend that and nobody should defend it.”
Earlier Thursday, after the Times published a story describing the conversation, McCarthy released a statement calling it “totally false and wrong.”
The audio released late Thursday night depicts a very different McCarthy than the one who has been ruling over House Republicans in the last year and a half. The condemnation of Trump on the recording is also well beyond the speech McCarthy made on the House floor shortly after the insurrection, when he told his caucus that Trump “bears responsibility” for the violence that took place at the Capitol.
Since the attack, the California Republican has continued to distance himself from any criticism of Trump and has avoided ever directly linking him again to the attack. Instead, McCarthy has cozied up to Trump, visiting him at the former president’s Florida residence at Mar-a-Lago.
With Republicans likely take over the House next year, McCarthy has begun to build out his leadership team and set up task forces to address some of the core priorities for the party, which sees Trump as its current leader.
The Times report Thursday was adapted from an upcoming book, “This Will Not Pass: Trump, Biden and the Battle for America’s Future,” by Times reporters Jonathan Martin and Alexander Burns. MSNBC’s Rachel Maddow aired clips of the conversation on her program Thursday night.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/22/ny-times-report-mccarthy-said-he-would-urge-trump-resign/ | 2022-04-22T02:32:57Z |
Record number of Shawnee County residents register to vote
TOPEKA, Kan. (WIBW) - A record number of Shawnee County residents are registered to vote in the Aug. 2 primary election.
More than 115,000 Shawnee County residents have registered to vote in the Aug. 2 primary election, officials said.
Advance voting will get underway on Monday, July 18, at the Shawnee County Election Office, 3420 S.W. Van Buren. The advance voting will be held from 8 a.m. to 7 p.m. Monday through Friday on July 18-22 and 8 a.m. to 7 p.m. Monday through Friday July 25 to 29.
One more opportunity will await those wishing to cast advance ballots from 8 a.m. to noon Monday, Aug. 1, the day before the primary election.
Shawnee County Election Commissioner Andrew Howell told 13 NEWS on Thursday that he’d never seen so many voter registrations completed as he has in recent weeks.
He said his office personnel have been working until 9 p.m. this week to make sure everyone who registered to vote in Shawnee County is on the rolls.
“We’ve had double the registrations that we’ve ever seen before,” Howell said, “so we’re still working ‘til 9 o’clock at night this week, making sure we get everybody on -- get all of our lists ready to go.
“So we’re staying busy. Big registration. So I expect a lot of people on Monday, Tuesday, Wednesday next week probably will be in here voting in person.”
On Thursday afternoon, several dozen voting booths were set up and ready to go in the Shawnee County Election Office, ready for those wishing to cast their ballots starting Monday.
Meanwhile, Glenda DuBoise, state director of AARP Kansas, said she is encouraging voters 50 and older to make sure they cast their ballots in the upcoming election.
“We want them to know that, number one, 50-plus voters -- your votes decide” elections, DuBoise said. “So it really has an impact on the outcomes.”
DuBoise said the AARP Kansas website had information on when, where and how people can vote.
Among issues of particular concern to voters 50 and older in Kansas, she said, are “high gas prices and food prices -- those kinds of issues.”
She added that Social Security, Medicare, access to “good health care” and access to good-quality high-speed internet also is important to voters 50 and older.
DuBoise noted that people can find out information on their voting locations by contacting their local election office.
Additionally, people can visit www.aarp.org/ksvotes or the Kansas Secretary of State’s website at www.sos.ks.org for more information.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/14/record-number-shawnee-county-residents-register-vote/ | 2022-07-14T23:40:25Z |
NEW YORK, July 12, 2022 /PRNewswire/ -- Omnicom Group Inc. (NYSE: OMC) will publish its second quarter 2022 results on Tuesday, July 19, 2022 after the New York Stock Exchange closes. The company will also host a conference call to review the financial results on Tuesday, July 19, 2022 starting at 4:30 p.m. Eastern Time. Participants may listen to the conference call by dialing 844-291-6362 (domestic) or 234-720-6995 (international), along with access code 1468163. The conference call will be simulcast and archived on our website at investor.omnicomgroup.com.
About Omnicom Group Inc.
Omnicom Group (www.omnicomgroup.com) is a leading global marketing and corporate communications company. Omnicom's branded networks and numerous specialty firms provide advertising, strategic media planning and buying, digital and interactive marketing, direct and promotional marketing, public relations and other specialty communications services to over 5,000 clients in more than 70 countries.
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SOURCE Omnicom Group Inc. | https://www.kxii.com/prnewswire/2022/07/12/omnicom-group-schedules-second-quarter-2022-earnings-release-conference-call/ | 2022-07-13T00:50:19Z |
Largest Nonpartisan Voter Registration and GOTV Platform Hiring 14 New Team Members to Help Reach Turnout Goals
WASHINGTON , May 31, 2022 /PRNewswire/ -- Today, Vote.org, the largest nonpartisan voter registration and get-out-the-vote (GOTV) technology platform in the US, is excited to announce the addition of 14 new hires to its team. Ahead of the 2022 midterm elections, Vote.org is staffing up to build on 2020's record turnout, in which Vote.org
provided 39.4 million people with essential voting information, leading to more than 4.2 million new voter registrations, and 3.4 million requests for mail ballots.
"At such a critical time ahead of the 2022 midterms, the combined experience and knowledge of our growing team will be invaluable in Vote.org's work to achieve record-high turnout this fall," said Vote.org CEO Andrea Hailey. "Together we will continue to simplify the voting process for Americans, improve access to the ballot box, and help create a stronger, more representative democracy."
Vote.org's new hires include:
Chief Operating Officer Kaitlyn Unger has spent the last 15 years working with campaigns and non-profit organizations focusing primarily on civic and electoral engagement. Most recently, she served as National Director of Development and Operations at For Our Future, and previously worked with Giffords and House Majority PAC.
Communications and Community Partnerships
Communications Director Nick Morrow has led multi-channel communications teams at nonprofits, major corporations and issue advocacy campaigns for more than a decade. He previously led communications at the Human Rights Campaign, the largest U.S. LGBTQ+ civil rights organization, focusing on strategies for legislative initiatives at the federal, state and local levels and high-profile litigation and regulatory campaigns.
Director of Partnerships Kelsea-Marie Pym was most recently Executive Director at Patriotic Millionaires, a group of high net-worth individuals united in their concern about the destabilizing concentration of wealth and power. Kelsea has also led and worked on communications at unions and campaigns. She holds two BAs from Boston University.
Senior Communications Manager LToya Knighten is a strategic communications professional with 20 years of experience in public relations and government affairs. She recently served as Chief of Government Affairs and Communications for the Oklahoma City Health Department and in Chambers of Commerce. LToya received a BA in Journalism from the University of Oklahoma.
Director of Community Engagement Tiffany Dena Loftin is a committed national civil rights organizer who believes in the liberation and joy of all Black people and the empowerment of young leaders. She most recently served as the National Director for the Youth and College Division at the NAACP and has led grassroots organizing campaigns in education, democracy, and state violence.
Native Vote Consultant Prairie Rose Seminole serves on a diverse range of boards and is a leader in work, and movements that have seeded, and strengthened public history, cultural heritage, civic education, and electoral engagement on local, state, and national levels. She is an MHA Nation citizen on the Fort Berthold Reservation.
Tech Partnerships Consultant Lydia Simmons has over 10 years of experience leading partnerships, sales, and social impact initiatives at large tech companies, startups, and political organizations. She recently served as Head of Social Impact at Pinterest, and received her BA from Duke University, where she designed her own major in Human Rights and Social Justice.
Programs and Policy
Program Manager Belinda C. Chiu has designed and implemented programs domestically and internationally working in the nonprofit space. Previously, she helped businesses achieve their sustainability goals and worked at a global advocacy organization supporting youth advocates advance gender equality and SRHR. She holds a MSPH from the Bloomberg School of Public Health and BA from Macaulay Honors College.
Elections Operations Manager, Rasheed O. Varner is a dedicated civic data researcher in the elections non-profit and intergovernmental space. Previously, they conducted research at Rock the Vote, the Center for Tech and Civic Life (CTCL), and the Organization for Security and Co-operation in Europe (OSCE). They hold a BA in Political Science from Howard University and a MA in Government from Johns Hopkins University.
Development, Finance and Operations
Director of Finance and Operations Ramina Toy has over a decade of experience with nonprofit finance in both the public and private sectors. She holds a BS in Management from George Mason University, an MS in Information Systems Technology from The George Washington University, and a Project Management Professional certification from The Project Management Institute.
Development and Fundraising Coordinator Perri Rabbitt has previously worked in corporate and nonprofit sectors pursuing social responsibility through marketing, strategy, project management and operations. She holds a BA in Advertising and Communications from the University of Georgia and gets fired up about all things community development, health, and opportunity.
Product and Engineering
Software Engineer Daniel Kauffman previously worked for a government transparency non-profit using machine learning to automate state congressional transcripts. He has also worked as a university lecturer and as an English teacher in Japan. Daniel holds a MS in Computer Science from Cal Poly, San Luis Obispo and a BA in Linguistics from UC Berkeley.
Software Engineer Steven McKinless has worked in technology as an engineer for over 5 years in several high growth startups. He received a BS from Northeastern University where he studied Computer Science and Entrepreneurship. In his free time, he enjoys volunteering at his local food forest to donate fresh produce.
Software Engineer Diana Patton-LoveCooksey has worked in technology for 7 years, in roles ranging from software developer to managing director of an educational technology company. Diana received a B.A. from Swarthmore College and is currently completing an M.S. in Computer Science at Johns Hopkins University.
Vote.org is the largest 501(c)(3) nonprofit, nonpartisan voting registration and get-out-the-vote (GOTV) technology platform in America, with the goal of reaching historically underserved voters of color and underrepresented young voters.
CONTACT: Jordan Wilhelmi | jordan@unbendablemedia.com
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SOURCE Vote.org | https://www.mysuncoast.com/prnewswire/2022/05/31/voteorg-staffing-up-ahead-2022-midterm-elections/ | 2022-05-31T15:18:27Z |
ATLANTA — With new models ranging from more than $200,000 to well into the millions — all with limited production — knowing a Lamborghini owner or seeing one of the Italian automaker’s offerings roar by on the highway is rare. But in and around Atlanta, less so as of late.
Brandon Saszi, managing partner of Lamborghini Atlanta — part of Motor Cars of Atlanta, a factory authorized dealer for Lamborghini, Aston Martin, Lotus, McLaren Rolls Royce and Koenigsegg — has seen the brand’s growth flourish in the metro market over the last two decades, but particularly in recent years. The current waiting list for the 641-horsepower Urus, Lamborghini’s “Super SUV,” is more than two years at the dealership, and overall model sales have nearly doubled in recent years.
The growth of Lamborghini sales isn’t exclusive to the Atlanta market. The Italian marque recently posted its best global first quarter sales in brand history. But Saszi said a big driver of the sales growth around Atlanta can be credited to its increased lineup, including the popular Urus and specialty offerings like the newly debuted Huracan Tecnica. But in supercar sales, demographics are still vital, and the Atlanta populace is meeting Lamborghini’s target audience.
“Actors, athletes, producers, they all like cars, and that has fueled a lot of our growth,” Saszi said. “The tax cuts for film studios, it kind of changed the landscape of Atlanta, and a lot of people in town that benefitted from that were in the Lamborghini demographic. The music scene in Atlanta is also huge; there are a lot of big-name rappers here, and obviously [major] companies are here. And Lamborghini’s main demographic are people like CEOs, artists and athletes.”
To coincide with the brand’s added prominence in Georgia, Lamborghini Atlanta unveiled notable upgrades to its Sandy Springs facility in June as part of a $12 million overall renovation for Motor Cars of Atlanta’s dealership. Lamborghini’s portion was expanded by more than 3,500 square feet with modern aesthetics and an “Ad Personam” customization room that allows prospective buyers to physically match color combinations and materials to create a bespoke model. Adjacent to Lamborghini’s new showroom and offices is an event space and rooftop patio.
Andrea Baldi, Automobili Lamborghini America’s CEO, said the dealership’s renovations are a “significant indication” of how important the Atlanta market is to the brand.
“Atlanta is a key market for our brand with passionate supercar enthusiasts,” Baldi said. “Lamborghini Atlanta has been serving the Atlanta area for nearly 20 years, and the recent expansion reflects the brand’s growing customer base in the Southeast region.”
Saszi, who has a literal rags-to-riches story with the dealership, once working to wash cars before moving up the ladder to managing partner, said Lamborghini Atlanta is now better positioned to serve customers ready to spend six to seven figures on a new model.
“The experience, what you see, the person you are talking to, all of that comes into play, and you have to be on another level,” he said.
Still, car enthusiasts and others who appreciate the dramatics of a Lamborghini should not expect parking lots or local highways to be flooded with the manufacturer’s models. And that is by design.
“Even coming off the best sales year in company history, Lamborghini is extremely careful about protecting the brand’s exclusivity and values,” Baldi said.
Despite rocketing sales amid a growing demographic of buyers, Lamborghini Atlanta is still making about 70 sales annually, Saszi said.
That only continues to drive demand, however. When the Huracan Tecnica was launched in April, Saszi said, a New York Lamborghini dealer received 15 deposits for the $329,000 supercar the same day.
“Desire is driven by demand, and so many people want them,” Saszi said. “And if you can’t get it, you want it.”
As Lamborghini’s momentum continues in Atlanta and beyond, the automaker is facing government regulations that infracts on its traditional heritage of big and brazen naturally aspirated engines where performance and power are at the forefront and low MPG figures are seen as the price to play.
But alongside the rest of the supercar world, Lamborghini is reimagining how it will continue to deliver supreme performance without models gorging on supreme-grade fuel.
“We will continue to provide our customers with products that stay true to our DNA while adhering to governmental requirements around the world,” Baldi said.
For 2022, Lamborghini is still “celebrating the combustion engine,” he said, but the model range will undergo a hybrid transition by 2024 with a goal to cut CO2 emissions by 50% the following year. The automaker expects to have four full-electric models by 2028.
As the brand embraces hybridized and electric power, it is also seeking to attract new customers with another four-door, four-passenger model, Baldi said, likely a result of the Urus’ success as the fastest-selling model to 20,000 sales in the automaker’s history.
Saszi said he is confident that Lamborghini sales will continue to trend upward in the Atlanta area despite the shift from the company’s original pedigree. The success of the Urus has allowed Lamborghini to focus its efforts on new models, he said, and new offerings will be further bolstered by the achievement of the model.
“That creates even more of a desire for Lamborghini,” Sazsi said.
Joe Parker is a lifelong north Georgia resident and a graduate of Georgia State University. Parker has served as an automotive journalist since 2018 and is the previous editor of the Milton Herald. | https://www.albanyherald.com/news/lamborghini-atlanta-renovates-dealership-brand-s-sales-surge-across-metro-area/article_bb48f0e0-02e8-11ed-89f5-53c64be91af5.html | 2022-07-16T12:44:51Z |
ATLANTA (AP) — Masters champion Scottie Scheffler is playing every bit like the No. 1 player in golf and was on the verge of turning the Tour Championship into a rout.
Three holes by Xander Schauffele changed everything going into the weekend at East Lake.
Schauffele holed a pair of birdie putts, and then drilled a 4-iron just over the bunker and right by the hole on the par-5 18th, rolling in a 5-foot eagle putt.
The birdie-birdie-eagle finish — Scheffler had to settle for pars — gave Schauffele a 7-under 63 as he went from a six-shot deficit to two shots behind Friday.
Schauffele rarely gets overly excited and this was no exception.
“It was nice to pick up some shots late here, but it’s just a positioning battle going into Sunday,” he said. “There’s a lot of golf to be played on this property.
Scheffler wasn’t overly concerned. He rarely is.
“I’m just going to go out there and do my thing and try and play good golf,” Scheffler said. “Xander obviously has a great track record around here, but paying attention to what other guys do on the golf course has never served me too well.”
Scheffler, who had a 66, was at 19-under par.
He started at 10-under par as the No. 1 seed in the FedEx Cup — Schauffele started four shots behind as the No. 4 seed — and had few complaints except for not making every birdie chance, and they were ample.
Scheffler played bogey-free. The four putts from 10 feet or closer that he missed? He saw those only as opportunities, a reminder that he was playing the kind of golf that carried him to an amazing stretch of four wins in two months — capped by the Masters — in the spring.
Starting the day with a five-shot lead, Scheffler made birdies from 5 feet on the par-3 second hole and then pounded driver on the next hole so perfectly positioned that he had a flip wedge into 5 feet for another birdie. At that point, he was ahead by eight shots.
Jon Rahm also had a 63 and worked his way closer to the top at 13 under. He was being interviewed when he looked up at a TV screen to see if Scheffler had made another birdie.
He still was six shots behind. Defending champion Patrick Cantlay (66) and Sungjae Im (65) were seven shots back.
Rahm wasn’t sure if he put himself back in the mix, but his 63 made it feel more reasonable.
“But he’s playing good golf, right? And we’re going to have to keep on going and play good golf, as well,” Rahm said. “It’s going to take a really strong weekend from me and hopefully not a strong one from Scottie. That’s kind of what we’re looking for.”
Schauffele seemed to find that at the end. He was six behind when he hit his approach to 12 feet behind a back left pin on the 16th and made the birdie. From the fairway on the 17th, his wedge spun back to 4 feet.
The 4-iron was bold and paid off.
“It was a little right of where I wanted, but it had the distance and the shape. I hit it really well, so I wasn’t very worried about it,” Schauffele said. “Just trying to make sure to cover that corner and I hit it solid so I knew it was going to cover. For it to go to 5, 6 feet was definitely a bonus.”
Schauffele’s record around East Lake is astounding since he first arrived in 2017 as a PGA Tour rookie and won. The FedEx Cup was different that year, based on points that were reset for the final event of the year. Justin Thomas won the big bonus.
When it moved to the staggered start based on seedings, he had the low score over 72 holes when top-seeded Dustin Johnson won the FedEx Cup.
No matter the format, Schauffele has never shot worse than par in 22 rounds. He has only two rounds at 70, the other 20 in the 60s.
That’s not on his mind. Neither is the deficit he shrunk to four shots over the final three holes.
“There’s a lot at stake here, and staying present is going to be the hardest thing,” he said.
At stake is the $18 million bonus and a chance to end the year with four PGA Tour titles. Scheffler wants to end the best year in golf with a fitting crown. Seven months ago, he still was looking for his first PGA Tour title.
The best score of the soft, sunny days belonged to Max Homa, who had a 62 and still was 10 shots behind.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-schauffeles-burst-cuts-into-scheffler-lead-at-east-lake/ | 2022-08-27T11:22:29Z |
New trading and rebalancing tool now available to all financial advisors and Advyzon users
CHICAGO , April 12, 2022 /PRNewswire/ -- Advyzon, a comprehensive technology platform and portfolio management solution for financial advisors and investment managers, today announced that the Advyzon Quantum® Rebalancer is now available to all financial advisors and Advyzon users. Quantum is a powerful, in-house trading and rebalancing tool and is the latest feature seamlessly integrated into the award-winning Advyzon platform.
"We're very excited to finally launch Quantum to the financial services community, which is now live and full-featured after being beta tested extensively beginning in February 2021," said John Mackowiak, Chief Business Development Officer at Advyzon. "It's an important component of our platform that our team has been working on and finetuning for years, and we're confident that it will improve the portfolio management process for Advyzon users and advisors everywhere."
Advyzon's cloud-based platform combines portfolio management, customizable performance reporting, trading and rebalancing, client web portals, client relationship management (CRM), client billing, and document storage, making it easy for advisors to run their financial planning and investment advisory firms while managing their client accounts with efficiency and ease. Advyzon is currently serving over 1,100 advisory firms.
"We have a very advisor-centric focus when we build our technology," said Dirk Pearson, Chief Product Officer at Advyzon. "We've spent a great deal of time getting things to work, but we've maintained our focus on making our products actually fun to use as well. That comes with a very intentional design in order to maximize the fully integrated data experience in Advyzon – from CRM, to billing, to portfolio accounting, and now rebalancing as well. So we needed to develop things with a real thoughtfulness towards the advisors that we're servicing, and Quantum really embodies that product initiative all the way around."
To develop Quantum, the Advyzon team took a hands-on approach, working with advisors to optimize functionality on both initial portfolio construction as well as rebalancing technology. Quantum was initially rolled out to a small, select group of Advyzon advisors about a year ago, ramping up to about 100 users over the course of the past year in order to gain valuable feedback used to enhance and optimize the application, ultimately making it as robust as possible for even the most sophisticated rebalancer users.
"We have been using Advyzon as our portfolio management system for the last couple of years and were thrilled to start using Quantum for trading and rebalancing," said Alyssa Phillips, Chief Operating Officer of HCR Wealth Advisors, a wealth management firm based in Los Angeles that manages approximately $1.5 billion. "Being able to manage our models at scale and take advantage of automated monitoring tools all within the same system not only provides a more streamlined approach to portfolio management, but it saves us the effort (and heartache) of managing third-party applications and maneuvering system integration issues. Leveraging the Quantum dashboards and interactive alerts allows our investment team to stay well informed about variances and opportunities, providing our clients with an even higher level of service than ever before."
ADVYZON QUANTUM® FEATURES AND CAPABILITIES
The Advyzon Quantum® Rebalancer provides powerful trading and rebalancing capabilities with multiple rebalance and tactical trade tools supporting a variety of different objectives, including location optimization, cash management, and tax-loss harvesting. Customizable trade preferences, robust model management capabilities, and automated monitoring and processing tools give financial advisors the power to streamline portfolio management and optimize for client goals at scale. In addition, the experience and data from Quantum is fully integrated within the Advyzon ecosystem, including trade/data flows, tasks, alerts, workflows, compliance tracking, asset classes, models, and rebalance actions.
Advyzon users now have the ability to rebalance full portfolios, out-of-balance positions, individual holdings, and model sleeves, as well as use directed trade capabilities to swap out positions, reallocate positions, and close positions – all within dedicated trade workflows. In addition, Quantum incorporates household rebalancing capabilities where advisors can manage households to a single model, leveraging Quantum's automated asset location and tax optimization. Quantum includes sub-household groups as well, which leverages similar principles as household rebalancing, but allows advisors to specifically target sub-groups inside a household – for example, taxable and non-taxable accounts managed to separate firm models.
Quantum also includes robust modeling capabilities, including security models, model of models (e.g., blended security models), allocation models (tiered models using a combination of allocation and sleeve), and advanced model position customization and preferences (min/max, alternatives, tax-loss harvesting, etc.). As for cash management, Quantum allows advisors to define cash targets in models or set global defaults, customize client-specific cash needs and recurring schedules, and manage one-time or ongoing cash distributions with Cash Reserve settings per each account/portfolio.
Quantum uses advanced trade logic and optimization, including household asset location optimization, and includes maximized "end wealth" optimization options, considering tax, time horizons, targeted asset classes, bands, band tolerance, and more to suggest an optimized, preferred allocation within model parameters. Quantum currently has FIX trading connections established with TD Ameritrade, Schwab, and Fidelity, and Trade Files creation is established with TD Ameritrade, Schwab, Fidelity, Pershing, Raymond James, and Interactive Brokers.
In addition, trade orders that reach the end of Quantum's trading workflow are included in rebalance calculations to estimate cash available for trading and positions for rebalancing. Executed orders are reconciled against Advyzon's direct daily activity transmission from the custodian to confirm when orders have reached the Advyzon accounting database.
Advisors also have many capabilities from a permissions and restrictions standpoint: they can create different trading roles to ensure that specific users can only execute limited parts of the full trade workflow (e.g., a user can create trade proposals but cannot approve trades) and can also establish a compliance trail with audit tracking. As for reporting, advisors can leverage Advyzon's rebalance summary report for client document file and web portal transfer. In the client activity history, Quantum will log a record for executed rebalances, which will be included in their CRM and timeline.
Advyzon will host a webinar to show all of the features and capabilities of Quantum on Wednesday, April 27th at 10:30am CT. Interested parties can click here to register.
In addition, Mackowiak and Pearson were recently interviewed on the Swift Chats video interview series, discussing Quantum in more detail and its addition to the Advyzon platform – please click here to watch the video interview.
Advyzon Quantum® is now live and available to all advisors and current Advyzon users. To learn more, please visit www.Advyzon.com/Features.
ABOUT ADVYZON
Advyzon provides comprehensive, intuitive, cloud-based, wealth management technology for independent financial advisors and registered investment advisors (RIAs). The Advyzon tech platform combines portfolio management, customizable performance reporting, trading and rebalancing, client web portals, client relationship management (CRM), client billing, and document storage. A team of entrepreneurs led by CEO Hailin Li, Ph.D., CFA®, Advyzon strives to innovate in strategic and useful ways. Financial advisors inspire their innovation and integrations, and their exceptional technology and unmatched service exist to improve the advisor experience – whether it's via portfolio and firm management or client relationships and growth. To learn more about Advyzon, visit www.Advyzon.com.
Media Contact:
Jonny Swift
Impact Communications, Inc.
913-649-5009
JonnySwift@ImpactCommunications.org
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SOURCE Advyzon | https://www.mysuncoast.com/prnewswire/2022/04/12/advyzon-launches-quantum-rebalancer/ | 2022-04-12T11:32:50Z |
FLAGSTAFF, Ariz. (AP) — Maggie Mulligan said her dogs could sense the panic as she and her husband packed them up and fled a fast-moving wildfire barreling toward their home in northeast New Mexico as they agonized over having to leave their horses behind.
“We don’t know what’s next,” she said. “We don’t know if we can go back to the horses.”
Mulligan and her husband, Bill Gombas, 67, were among the anxious residents who hurriedly packed up and evacuated their homes Friday ahead of ominous western wildfires fueled by tinder-dry conditions and ferocious winds.
More than 1,600 firefighters were battling nine different large fires in Arizona and New Mexico that have destroyed dozens of homes and burned more than 100 square miles (258 square kilometers) in the blazes.
Fires also were burning in Colorado, where new evacuations were ordered Friday west of Colorado Springs. But there were no immediate reports of structures lost.
With no air support or crews working directly on the fire lines, there was explosive growth in the size and number of new small fires in the U.S. Southwest on Friday.
“It’s a very chaotic situation out there,” Stewart Turner, a fire behavior analyst, said during a briefing Friday night on the edge of the Santa Fe National Forest in New Mexico. “We’ve had extreme fire behavior all day.”
Firefighters working to keep more homes from burning on the edge of a mountain town in northern Arizona were helped by snow, scattered showers and cooler temperatures early Friday. But the favorable weather did not last. While sustained winds were forecast to ease a bit, more gusts were expected to batter parts of Arizona and all of New Mexico through the weekend.
The fire danger in the Denver area on Friday was the highest it had been in over a decade, according to the National Weather Service, because of unseasonable temperatures in the 80s combined with strong winds and very dry conditions.
At one of the biggest fires near Flagstaff, Arizona, where 30 homes and numerous other buildings have been destroyed, authorities said they had used sirens and alarms Thursday night to warn residents to flee evacuation areas but howling winds muffled the alarms.
By Friday, afternoon winds were gusting up to 75 mph (120 kph) in northern New Mexico near the Colorado line, shrouding the Rio Grande Valley with dust and pushing flames through the Sangre de Cristo Mountains in the north.
A wall of smoke stretched from wilderness just east of Santa Fe about 50 miles (80 km) to the northeast where ranchers and other rural inhabitants were abruptly told to leave by law enforcement.
Mulligan, 68, of Ledoux, a dog breeder, said her dog Liam “was a nervous wreck,” when a sheriff came to their house Friday afternoon and told them they had to leave.
They did — with nine dogs and five puppies packed into an SUV and an old blue Cadillac They considered dropping the horses off at a local fairgrounds, but they decided it was in the same path of the burning fire as their home and more likely to burn.
“There’s water in their pasture, and there’s hay. So we’ll see what happens,” Mulligan said.
Lena Atencio and her husband, whose family has lived in the nearby Rociada area for five generations, got out Friday as winds kicked up. She said most people were taking the threat seriously.
“As a community, as a whole, everybody is just pulling together to support each other and just take care of the things we need to now. And then at that point, it’s in God’s hands,” she said as the wind howled miles away in the community of Las Vegas, New Mexico, where evacuees were gathering.
Another wind-whipped fire in northeastern New Mexico also was forcing evacuations. The town of Cimarron and the headquarters of the Philmont Scout Ranch, owned and operated by the Boy Scouts of America, were preparing to flee if necessary. The scout ranch attracts thousands of summer visitors, but officials said no scouts were on the property.
New Mexico Gov. Michelle Lujan Grisham signed emergency declarations for four counties over the fires.
In Arizona, flames had raced through rural neighborhoods outside Flagstaff just days earlier. A break in the weather Thursday allowed helicopters to drop water on the blaze and authorities to survey the damage.
They found 30 homes and numerous other buildings were destroyed, with sheriff’s officials saying over 100 properties were affected. That fire has burned close to 32 square miles (83 square kilometers) and forced the evacuations of 765 homes after starting last Sunday.
Kelly Morgan is among neighbors at the edge of the evacuation zone who did not leave. She and her husband have lived through wildfires before, she said, and they are prepared if winds shift and flames race toward the home they moved into three years ago.
“Unfortunately, it’s not something new to us … but I hate seeing it when people are affected the way they are right now,” she said. “It’s sad. It’s a very sad time. But as a community, we’ve really come together.”
____
Montoya Bryan reported from Albuquerque, New Mexico. Associated Press writers Cedar Attanasio in Las Vegas, New Mexico, Paul Davenport in Phoenix, Scott Sonner in Reno, Nevada, and Colleen Slevin in Denver contributed to this report. | https://cw33.com/news/u-s-news/ap-u-s-headlines/crews-tackle-growing-wildfires-a-very-chaotic-situation/ | 2022-04-23T17:31:53Z |
ITASCA, Ill., Aug. 4, 2022 /PRNewswire/ - (NYSE: KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company") today announced its operating results for the three and six months ended June 30, 2022; the sale of PWSC for $51.2 million; entrance into an Option Agreement to repurchase a portion of its debt.
Second Quarter Operating Results
Financial highlights for the three and six months ended June 30, 2022 and 2021 include:
- Cash provided by operating activities improved by $17.7 million to $6.2 million for the six months ended June 30, 2022, from cash used in operating activities of ($11.5) million in the same period a year ago;
- Net loss was ($2.4) million for the three months ended June 30, 2022, compared to net loss of ($0.3) million for the 2021 period; for the six months ended June 30, 2022, net loss was ($4.9) million, compared to net income of $0.6 million for the 2021 period;
- Non-GAAP adjusted income was $2.1 million for the three months ended June 30, 2022, compared to non-GAAP adjusted income of $1.0 million for the 2021 period; for the six months ended June 30, 2022, non-GAAP adjusted income was $3.6 million, compared to $2.8 million for the 2021 period;
- Extended Warranty segment and Kingsway Search Xcelerator ("KSX") segment operating income was a total of $3.8 million for the three months ended June 30, 2022, compared to a total of $2.6 million for the three months ended June 30, 2021; for the six months ended June 30, 2022, total Extended Warranty segment and KSX segment operating income was $6.4 million, compared to $7.9 million for the 2021 period;
- Non-GAAP adjusted EBITDA for the Extended Warranty segment and KSX segment was a total of $4.1 million for the three months ended June 30, 2022, compared to a total of $2.7 million for the three months ended June 30, 2021; for the six months ended June 30, 2022, total Extended Warranty segment and KSX segment non-GAAP adjusted EBITDA was a total of $6.8 million, compared to $5.9 million for the 2021 period; and
- The Company has paid down $3.6 million of the debt related to borrowings secured by certain warranty companies since December 31, 2021. For the six months ended June 30, 2022, the Company paid down $0.4 million (net) in debt related to its acquisition of Ravix.
"The company posted another strong operating quarter with non-GAAP adjusted income significantly exceeding the prior year quarter. We are pleased with the performance of the Extended Warranty segment, and our performance at Ravix continues to exceed our initial expectations," said John T. Fitzgerald, President and Chief Executive Officer of Kingsway Financial Services.
Reconciliations of GAAP to non-GAAP metrics are presented in the attached schedules. The Company today also filed its second quarter 2022 Quarterly Report on Form 10-Q.
Sale of PWSC
The Company today announced the sale of Professional Warranty Service Corporation ("PWSC"), to PCF Insurance Services of the West, LLC ("PCF Insurance Services"), for $51.2 million in base purchase price, subject to customary adjustments for net working capital and transaction expenses. The sale was effective on July 29, 2022. Kingsway received $37.2 million in net cash proceeds in connection with the sale. Additionally, Kingsway is entitled to earn additional consideration based upon a one year earnout as part of the sale.
"While we are sad to be parting ways with Tyler Gordy and the entire PWSC team, we are excited by the opportunities this presents for Kingsway and its shareholders. This was the first business acquisition we made after I joined Kingsway. It is a validation of our strategy of backing talented young managers in acquisitions of great businesses and one we hope to continue to replicate within our Search Xcelerator segment. The sale also freed up capital to improve our balance sheet and make new investments in our Search Xcelerator segment." said John T. Fitzgerald, President and Chief Executive Officer of Kingsway. "The sale of PWSC, combined with distributions received from PWSC over the years, represents an approximate 10x return on our initial investment of $5 million over roughly 4.5 years," continued Mr. Fitzgerald. "We believe we found a great partner for PWSC in PCF Insurance Services, and we wish both teams all the best in years to come."
Option Agreement to Repurchase a Portion of Debt
The Company today also announced that on August 2, 2022, it entered into an agreement with a holder of four of its trust preferred debt instruments ("TruPs"), representing approximately 64% of the total outstanding principal and accrued interest of its TruPs, that gives the Company the option to repurchase up to 100% of the holder's principal and deferred interest for 63% of the outstanding principal and deferred interest thereunder. Refer to Note 11, Debt, of our second quarter 2022 Quarterly Report on Form 10-Q, which was filed today, for further details.
"The option to repurchase a meaningful portion of our outstanding TruPs at such a significant discount is very accretive for Kingsway and its shareholders" said Mr. Fitzgerald. "We intend to fund the repurchases with a portion of the PWSC sale proceeds, as well as potential proceeds from the continued sales of our non-strategic commercial real estate investments."
About the Company
Kingsway is a holding company that owns or controls subsidiaries primarily in the extended warranty, business services, asset management and real estate industries. The common shares of Kingsway are listed on the New York Stock Exchange under the trading symbol "KFS."
Non U.S. GAAP Financial Measure
The Company believes that non-GAAP adjusted net income (loss) and non-GAAP adjusted EBITDA, when presented in conjunction with comparable GAAP measures, provide useful information about the Company's operating results and enhances the overall ability to assess the Company's financial performance. The Company uses non-GAAP adjusted net income (loss) and non-GAAP adjusted EBITDA, together with other measures of performance under GAAP, to compare the relative performance of operations in planning, budgeting and reviewing the performance of its business. Non-GAAP adjusted net income (loss) and non-GAAP adjusted EBITDA allow investors to make a more meaningful comparison between the Company's core business operating results over different periods of time. The Company believes that non-GAAP adjusted net income (loss) and non-GAAP adjusted EBITDA, when viewed with the Company's results under GAAP and the accompanying reconciliations, provide useful information about the Company's business without regard to potential distortions. By eliminating potential differences in results of operations between periods caused by the factors listed in the attached schedules, the Company believes that non-GAAP adjusted net income (loss) and non-GAAP adjusted EBITDA can provide useful additional basis for comparing the current performance of the underlying operations being evaluated. Investors should consider these non-GAAP measures in addition to, not as a substitute for or as superior to, financial reporting measures prepared in accordance with GAAP. Investors are encouraged to review the Company's financial results prepared in accordance with GAAP to understand the Company's performance taking into account all relevant factors.
Forward-Looking Statements
This press release and/or Shareholder Letter may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as "expects," "believes," "anticipates," "intends," "estimates," "seeks" and variations and similar words and expressions are intended to identify such forward-looking statements; however, the absence of any such words does not mean that a statement is a not a forward-looking statement. Such forward-looking statements relate to future events or future performance, but reflect Kingsway management's current beliefs, based on information currently available. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements, including as a result of the COVID 19 pandemic. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the section entitled "Risk Factors" in the Company's 2021 Annual Report on Form 10-K and subsequent Form 10-Qs and Form 8-Ks filed with the Securities and Exchange Commission. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
Additional Information
Additional information about Kingsway, including a copy of its Annual Reports can be accessed on the EDGAR section of the U.S. Securities and Exchange Commission's website at www.sec.gov, on the Canadian Securities Administrators' website at www.sedar.com, or through the Company's website at www.kingsway-financial.com.
Kingsway Financial Services Inc.
Reconciliation of GAAP Net (Loss) Income to Non-GAAP Adjusted Income (Loss)
(in thousands)
(UNAUDITED)
Kingsway Financial Services Inc.
Reconciliation of Extended Warranty Segment Operating Income to Non-GAAP Adjusted EBITDA
and Pro Forma Non-GAAP Adjusted EBITDA
(in thousands)
(UNAUDITED)
Kingsway Financial Services Inc.
Reconciliation of KSX Segment Operating Income to Non-GAAP Adjusted EBITDA
(in thousands)
(UNAUDITED)
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SOURCE Kingsway Financial Services Inc. | https://www.mysuncoast.com/prnewswire/2022/08/04/kingsway-reports-second-quarter-2022-results-announces-sale-pwsc-512-million-entrance-into-an-option-agreement-repurchase-portion-its-debt/ | 2022-08-04T21:11:40Z |
Man sentenced to 20 years for overdose death of teen who died days before graduation
PLAQUEMINES PARISH, La. (WVUE/Gray News) – A man who pleaded guilty to selling fake pills to a teen has been sentenced to 20 years in prison after she died of a fentanyl overdose, according to the Plaquemines Parish District Attorney’s Office.
Hailey Deickman, an 18-year-old senior at Belle Chasse High School, died of an overdose one week before graduation on May 18, 2021. District Attorney Charles Ballay says Deikman took half of what she believed was a Percocet pill she and a friend purchased from 22-year-old Franklin Senfles.
Senfles was arrested and indicted on one count of second-degree murder later that month, but he entered a guilty plea to a lesser charge of manslaughter on Sept. 6. Plaquemines Parish Judge Kevin Conner sentenced him to 20 years in prison.
Deickman’s mother says she was an honor roll student who stayed out of trouble and made one bad choice that cost her her life.
The Jefferson Parish Coroner’s Office said Deickman’s death should serve as a wake-up call, especially for young kids who may not understand the dangers of counterfeit pills.
“These counterfeit pills are disguised to look like Oxycodone, pain medications, Xanax,” DEA Special Agent Brad Byerley said. “People are buying these pills off the street, thinking they’re buying something that a health care provider prescribed to someone.”
Copyright 2022 WVUE via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/09/13/man-sentenced-20-years-overdose-death-teen-who-died-days-before-graduation/ | 2022-09-13T16:48:30Z |
Brands and agencies are now able to holistically compare advertising performance across all channels under measurement, including YouTube
DALLAS, July 29, 2022 /PRNewswire/ -- Dynata, the world's largest first-party data platform for insights, activation and measurement, today expanded its partnership with Google as a third-party brand-lift measurement provider approved to include YouTube as part of a cross-media study. Brands and agencies now can leverage Dynata's advertising solutions to measure advertising effectiveness, optimize media spend and improve marketing ROI on YouTube by analyzing the performance of their YouTube ads compared to TV, print or any other digital, social or offline media channels under measurement.
Media fragmentation has made it more challenging than ever to accurately measure advertising impact across all publishers and channels. Dynata now enables any company to better understand how a campaign is influencing consumers at all levels of the purchase funnel, holistically, across all channels.
In 2020, Dynata was approved to measure YouTube lift as part of a digital ad campaign using Google's Ads Data Hub. Dynata's cross-media studies — which include non-digital media channels, such as TV, radio, print and out-of-home — measure the media performance of panelists' exposure to digital ads alongside other ad types across multiple channels. For the first time, YouTube now can be included as a media channel in such studies.
"Adding a premier channel, such as YouTube, into our cross-media advertising lift offerings further enhances our ability to help clients accurately and comprehensively measure advertising performance," said Dynata CEO Gary S. Laben. "This capability reinforces our commitment to helping our clients not only to uncover insights, but also to activate these insights, measure overall marketing ROI and ultimately drive growth."
Dynata is the world's largest first-party data platform for insights, activation and measurement. With a reach that encompasses nearly 70 million consumers and business professionals globally, and an extensive library of individual profile attributes collected through surveys, Dynata is the cornerstone for precise, trustworthy quality data. The company has built innovative data services and solutions around its robust first-party data offering to bring the voice of the customer to the entire marketing continuum — from uncovering insights to activating campaigns and measuring cross-channel marketing ROI. Dynata serves more than 6,000 market research, media and advertising agencies, publishers, consulting and investment firms and corporate customers in North America, South America, Europe and Asia-Pacific. Learn more at www.dynata.com.
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SOURCE Dynata | https://www.kxii.com/prnewswire/2022/07/29/dynata-expands-partnership-with-google-becoming-cross-media-brand-lift-measurement-partner-youtube/ | 2022-07-29T10:18:16Z |
Following Kruse investigation, Manatee County Commission restricts public comment at meeting
MANATEE COUNTY, Fla. (WWSB) - Following release of body cam footage showing a disoriented Manatee County Commissioner George Kruse after a vehicle crash, the commission restricted public comment at its meeting Tuesday.
Kruse is under investigation for an April 20 crash on Grayhawk Boulevard.
The police report noted Kruse’s vehicle collision alert system automatically called 911 after the impact and began recording conversations in the moments after the crash. “I reviewed the 911 chronology log and found that a male was in the vehicle immediately after the crash and sounded intoxicated. He was slurring his words and not responding at times,” the report said.
A body camera was recording when another deputy arrived to write the crash report. The first deputy on scene said he believed Kruse was intoxicated. “The dude friggin’ crashed into a tree. No, he’s drunk. We just can’t do a DUI because nobody can put him behind the wheel. When I got here, he was in his wife’s car.”
Two protesters arrived with signs urging Kruse to step down. Ahead of the public comment section, they were told told that the items up for discussion were restricted to future agendas items.
That didn’t stop a caller for calling in to the meeting and stating that she demanded action and integrity for the county.
“Ma’am is this a future agenda item?” responded Commissioner Kevin Van Ostenbridge.
“I think commissioners should have integrity. Is that future enough for you?” said the woman.
After the woman called for integrity, the commission ended the phone call.
Kruse was cited for careless driving. State Attorney Ed Brodsky has said his office is actively investigating the case after the sheriff’s office referred the case to him and forwarded their report to them.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/05/10/following-kruse-investigation-manatee-county-commission-restricts-comments-future-agenda-items-meeting/ | 2022-05-10T16:15:45Z |
Catalytic converter thefts from buses delays school start times in Connecticut
WOLCOTT, Conn. (WFSB/Gray News) – School was delayed for some students in Connecticut Monday after catalytic converters were stolen from eight smaller school buses, WFSB reports.
According to police, the thefts were discovered early Monday morning.
“Today eight small buses in Wolcott catalytic converters were cut off, and now the people that did ride those buses, whatever routes they covered, are delayed for three hours,” Wolcott Police Chief Edward Stephens said.
Stephens explained it can take just minutes to steal a catalytic converter, but cost thousands of dollars and is a huge headache for those left without the essential parts.
“It’s terrible because at the end of the day it affects the kids, and their ability to get to school, and they’ve already had a hard enough time over the last couple of years getting to school so I feel bad for them,” said bus lot general manager Stephen Gardner, adding the criminals hurt some of the most innocent members of society.
The buses had to be towed and fixed, causing a domino effect for everyone involved.
“It disrupts their day, it disrupts their parents’ day, it disrupts our company functions, we’re trying to run our vehicles and maintain our fleet and now we have to replace eight catalytic converters and it’s a lot of money and a big inconvenience,” Gardner said.
Stephens said he’s confident those who committed the crime will be caught.
Copyright 2022 WFSB via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/06/06/catalytic-converter-thefts-buses-delays-school-start-times-connecticut/ | 2022-06-06T18:43:23Z |
Fox Foxes
Fox Foxes Preview
FOX, Okla. (KXII) - The Fox Foxes find themselves in a tough position coming into the 2022 season.
Following a 2-8 season last year, the Foxes now must deal with another obstacle as they will be without head coach Brent Phelps who decided to step down from his position at Fox.
Yet, this team is staying resilient, keeping their focus on dominating the upcoming season.
“Man, life just kind of happens. You can take it negatively or you can take it positively. We’re just going to take it positively and roll it throughout our season and have a great season,” said defensive lineman Connor Armstrong.
“We’re going to push our hardest, we’re going to have no distractions and keep as much determination and equity as we can into this really,” added wide receiver Naveen Johnson.
As for the Foxes new head coach Michael Barnes, he plans on taking this program in a slightly different direction.
Barnes said, “I’m not going to derive a lot from what coach Phelps did. I mean I learned a lot from him, he’s a legendary coach and a good friend of mine but we’re going to do some of the same things and then some different too.”
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/08/14/fox-foxes/ | 2022-08-14T05:07:10Z |
Trust me when I declare that I am not competing for sympathy against folks suffering from cancer, blocked arteries, diabetes or other serious ailments. I do nonetheless think that my body is out to get me.
And not just with the chronic aches, pains and wrinkles that accompany normal aging. No, my body perpetrates fiendishly clever assaults on my comfort and dignity. (Misery loves company, so you may be yelling, “Too much information!” as this essay assaults your own comfort and dignity.)
I am most keenly aware of the wee-wee complications. I can sleep through the night (thank you very much), but during my waking hours, I hear from my urinary tract more often that I hear from the extended-warranty pitchman. I wish I could be the bladder whisperer, but I’m more the bladder “will you shut the heck up and stop harassing me?” type.
Seriously, even if I’ve gotten preoccupied and skimped on hydration, I apparently start absorbing moisture from house plants, puddles, horse troughs and the like. On a really bad day, the technicians at Hoover Dam have learned to mutter, “No, it’s not a leak. Tyree’s at it again.”
Alas, my gastrointestinal system gets in on the act, too. Regardless of how well I’ve handled my diet, in the back of my mind I can hear Chubby Checker on heavy rotation. (“Let’s go again like we did last hour/Let’s go again, like you trained your rear …”)
Dressing in a hurry always brings surprises. Hangnails that were nonexistent 30 seconds ago suddenly snag delicate fabrics. Instead of being recognized as a sharp-dressed man, I am dismissed as someone who lost a tussle with Zorro.
The more I need to meet a project deadline, the more my nose spontaneously conjures up distracting postnasal drip. Granted, I am in good company. The full Archimedes quote was “Give me a lever long enough and a fulcrum on which to place it and a big honkin’ box of Kleenex, and I shall move the world.”
On a related note, I dread jostling anyone in a crowd. As a super-polite citizen, I want to issue a robust “Excuse me, please.” But I invariably have just enough phlegm in my throat to turn it into a wimpy guttural response. Countless strangers have inched away from me while conjecturing, “Maybe if the poor schmuck discovers fire, he can roast himself a mastodon.”
I truly despise being double-teamed. Sometimes my inner child colludes with my body. I can’t drive within 25 miles of a cemetery without my body demanding to know, “Are we there yet? Are we there yet?”
Why is my body so relentless in bombarding me with missteps, coughs and eye boogers? After all I’ve done for it.
I exercise … my option for choicest spot on the sofa, but exercise, nonetheless. I get at least six-ish hours of sleep per night on my good-as-new mattress. That’s more than the previous owners got, with all that squawking about, “The British are coming! The British are coming!”
Finally, I am careful about what foods I put into my bodily temple. I don’t exactly adhere to the Food Pyramid, but I have discovered the rival Food Sphinx. I’ve even come close to solving the Food Sphinx’s riddle: “What goes on four legs in the morning, two legs at noon and deep-fries everything that is arguably edible in the evening?” | https://www.albanyherald.com/opinion/danny-tyree-and-in-the-oversharing-department/article_b5bf916e-0500-11ed-b3f4-43827f479d10.html | 2022-07-16T22:07:52Z |
After serving the community as a nurse for 50 years, Linda Brook is finally hanging up her nurse’s cap.
“I can’t imagine doing anything else but being a nurse,” Brook said. “I could always imagine it being my career, but for it to go on for 50 years … it seems like it’s gone so fast.”
Remembering back to when she was a child, Brook recalls adoring her favorite nurse, Ann, and deciding then that she also wanted to be a nurse, complete with the beautiful white uniform and cap. While taking a tour of Baylor Scott & White-Temple’s new facility in the 1960s, Brook recalled turning to her dad, a soldier stationed at Fort Hood, and proclaiming, “I’m gonna work here someday.”
With nursing still on her mind, Brook said she enrolled at Temple College in 1970, but transferred to the University of Mary Hardin-Baylor when they established their first-ever nursing school program in 1971. The next year, Brook was among UMHB’s first 28 graduates from the School of Nursing. She remembers her small class fondly, sharing a few memories as she did her clinicals at Baylor Scott & White-Temple.
“They assigned me to this lady who was bed-bound. She had to have a bed bath and I had to change the bed with her in it,” Brook recalled. “The lady was just so gracious, but she was my first patient ever and I was in there sweating bullets.”
Brook also remembered fearing she would fail pediatrics after an injection gone wrong. Laughing about it now, she said medicine had to be injected into a child’s thigh back then. She was told to give a baby some penicillin, which is very thick.
“I’m in there holding this baby’s leg and I stick the needle in there. Suddenly, the needle popped apart and flew everywhere,” Brook laughed. “Penicillin is white and it flew all over my advising nurse. I thought, ‘I’m failing pediatrics!’ But she didn’t fail me.”
Throughout the years, she has been a charge nurse, a surgical nurse, a psychiatric nurse, oncology nurse, quality assurance, case management, emergency room manager and everything in between, except pediatrics, and labor and delivery.
“I just love working with people, I really do,” she said tearfully. “One of my bosses once told me that I was too nice, but that’s how I worked as a manager and whatever I did. I wanted to treat people fairly. I wanted to treat people like I would want to be treated.”
Dr. Rubin Simon, a doctor of internal medicine at Baylor Scott & White-Temple’s Continuing Care Hospital, said Brook has dedicated her life to nursing, which shows though her work.
“She really digs into the patient’s chart and makes sure they’re safe,” he said. “She honestly treats them like family and that’s probably the best quality you can find in medical personnel.”
While she treated her patient’s like family, she also married, had children and grandchildren. The same year she graduated from nursing school, then-Linda Flentge married Herbert Brook, the man she would spend 40 years building a life and raising a family until his passing in 2012. Brook also raised her grandson from infancy, who is her pride and joy.
“He just recently joined the Navy,” she shared. “I’m very proud of him. He’s my special, special child.”
After all these years, touching countless lives of the doctors, nurses, patients and families she interacted with daily, Brook said the one thing she hopes people remember is that she is a caring person, who always wanted to help others, whether that be a patient or a nurse she trained.
“I put the patient first, always,” she said. “And the staff has always been important to me. Working with people in a conducive away and respecting people for where they’re at and learning from them is important. I learn something every day. If you can pass on some of that knowledge to the people you work with, I think that’s important.”
Dr. Paul Hicks, a psychiatrist in charge of the Treatment Resistant Depression Clinic at Baylor Scott & White-Temple’s Mental Health Clinic, said Brook’s greatest assets are the way she treats her employees and patients.
“She is someone who really engages the people who work under her. They really work as a team when they work with her,” Hicks said. “Patients really respond to her because she spoke kindly and respectfully to them.
Hicks worked with Brook when he was the medical director of the Inpatient Psychiatric Unit and Brook was the charge nurse.
“I really cherished the times I got to work with her and I don’t think I’ll ever work with any other nurse who I think is more competent,” he added.
Simon added that one of the legacies that Brook leaves behind is the sheer amount of personnel she has hired and trained throughout her 50 years, something Brook herself said makes her feel like she’s made a difference.
“I run into people who say, ‘Oh, Linda, do you remember me? You were the best boss I ever had!’ I strived to know my people,” she said. “You need to know their families and how they’re made up because people have lives away from work. I felt like it was important to know your staff and let them know that you cared about what was going on with them.”
Just because she’s hanging up her nurse’s cap doesn’t mean she’s going to stop working, though. Brook plans to focus on her volunteer service at St. Mary’s Catholic School, where her children and grandson attended. Brook is a member of the church’s women’s group and Altar Society. She is also active in raising money for the St. Mary’s Trust Fund.
“The hospital’s gonna miss her, we’re gonna miss her, this whole institution of Baylor Scott & White is gonna miss her,” Simon said. “She’s one-of-a-kind and not replaceable.” | https://www.tdtnews.com/news/central_texas_news/article_6ce47e80-f4f9-11ec-ac87-5f8180e7ca10.html | 2022-06-26T03:19:00Z |
DALLAS (KDAF) — A Dallas Chinese restaurant is celebrating its one-year anniversary this weekend with a free-to-the-public event.
On Saturday, July 30, Wok Star Chinese will be hosting a celebration event at 8041 Walnut Hill Lane Suite 854 from 11 a.m. to 2 p.m. Officials say to be prepared for an afternoon filled with fresh, savory food, cultural dances.
There will also be happy hour specials following the celebration from 3 p.m. to 6 p.m. Attendees will also enter a drawing with the chance of winning giveaway items, including free Wok Star for a year, gift cards and more.
Wok Star Chinese set up shop on Walnut Hill Lane around this time last year. The American-style eatery serves up flavorful dishes of modern, American-style Chinese cuisine.
“Growing up in Hong Kong led to my passion for creating cultural Chinese cuisine,” Chef Ping Lee, Executive Chef of Wok Star Restaurant, said in a news release. “For me, it’s not just about creating great-tasting food — it’s also about the connections made through the communal dining experience. My mission with Wok Star is to connect with each guest, making them feel as if they’re at home eating a homemade meal.”
For more information, click here. | https://cw33.com/news/local/wok-star-chinese-is-celebrating-one-year-at-its-dallas-location-with-a-free-to-the-public-event/ | 2022-07-27T17:41:13Z |
HOBOKEN, N.J., July 20, 2022 /PRNewswire/ -- Lee Health, one of the largest not-for-profit public health systems in Florida, has partnered with Health Recovery Solutions, to expand its virtual care services. The partnership aims to decrease hospital readmissions and reduce unnecessary emergency room visits.
The virtual health program initially targets patients with congestive heart failure (CHF) and chronic obstructive pulmonary disease (COPD), hypertension (HTN) and post cardio-thoracic surgery patients with plans to expand to other chronic care and high-risk patient populations by the end of the year.
"Remote patient monitoring allows us to care for patients in the most appropriate care setting based on their personal needs and where they are most comfortable – at home. It allows us to virtually track their health in real time and intervene when needed to prevent worsening health conditions," said Zsolt Kulcsar, D.O., Medical Director of Lee Virtual Health. "Digital health is transforming the way we provide medical care and is giving patients more options in seeking the right care, in the right place and at the right time."
Telehealth patients are identified for the program by their primary care and specialty providers during office visits or prior to hospital discharge. Patients are introduced to the virtual health technology in the physician's office or prior to discharge and are sent a telehealth kit directly to their homes within 48 hours.
Once patients receive their telehealth kit, complete with a 4G tablet and biometric monitoring devices, an HRS Engagement Specialist calls the patients and reviews the virtual care technology once more and helps the patient record their first vital signs. Once the technology is set up, patients begin working with a dedicated registered nurse in the virtual health department for education of their condition and monitoring of their vital signs. Through this additional education, Lee Health aims to increase patients' comfort level with the technology and their long-term engagement.
Lee Health clinicians monitor patients daily, responding to risk alerts based on reported vitals and symptoms. To quickly evaluate patients and address concerns, Lee Health nurses can contact patients directly through the tablet via text messaging, phone call, or virtual visit.
"By leveraging remote patient monitoring to deliver a comprehensive suite of services, Lee Health will be able to ensure their patients incur a significantly reduced volume of avoidable ED visits and unnecessary admissions and readmissions. In addition, Lee Health's virtual health program will make a significant impact on a variety of social determinants of health and barriers to care," said Florence Kariuki, Chief Clinical Officer at HRS.
Throughout the COVID-19 pandemic, Lee Health clinicians offered virtual visit to patients undergoing home isolation. The Lee Health telehealth program is continuing to leverage virtual visits to expand access to care, evaluate patients experiencing exacerbations, and augment in-person visits when appropriate.
In the coming months, Lee Health looks to expand their virtual health services further to patients with pre-eclampsia, wound care, and the nephrology space as part of its commitment to discovering new solutions and implementing innovative programs that deliver care to patients at home.
Since the opening of the first hospital in 1916, Lee Health has been a health care leader in Southwest Florida, constantly evolving to meet the needs of the community. A non-profit, integrated health care services organization, Lee Health is committed to the well-being of every individual served, focused on healthy living and maintaining good health. Staffed by caring people, inspiring health, services are conveniently located throughout the community in four acute care hospitals, two specialty hospitals, outpatient centers, walk-in medical centers, primary care and specialty physician practices and other services across the continuum of care. Learn more at www.LeeHealth.org.
Health Recovery Solutions' (HRS) telehealth and remote patient monitoring solutions empower the nation's leading providers and payers to deliver care to patients across the continuum—reducing readmissions, optimizing clinician workflow, and improving patient satisfaction. HRS' disease-specific telehealth solutions are customized with educational videos, care plans, and medication reminders while also integrated with Bluetooth peripherals to engage patients in their self-management. HRS' mission is to create a new standard of care by providing advanced telehealth and remote patient monitoring solutions that facilitate behavior change and ultimately improve patient outcomes. To learn more about Health Recovery Solutions, visit healthrecoverysolutions.com or email marketing@healthrecoverysolutions.com.
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SOURCE HEALTH RECOVERY SOLUTIONS | https://www.mysuncoast.com/prnewswire/2022/07/20/lee-health-announces-enhanced-virtual-health-program-support-at-home-patient-care/ | 2022-07-20T12:21:13Z |
Team joins Cetera Advisors community from Associated Investment Services managing $174 million
LOS ANGELES, Aug. 23, 2022 /PRNewswire/ -- Cetera Financial Group, one of America's largest networks of financial professionals, announced today that Mutually Focused Financial Advisors, LLC, has affiliated with the Cetera Advisors community. The firm is led by industry veterans Mark Forberg and Mike Fasano, who were formerly affiliated with Associated Investment Services. Forberg and Fasano have more than 40 years of combined experience and provide wide-ranging financial planning and wealth management services to clients.
"Switching firm affiliation is a complicated decision, yet we are more confident than ever that aligning our business with Cetera is the right decision for our practice and for our clients," Forberg and Fasano said. "With smooth operations, industry-leading tools and dedicated support, we know our business will thrive at Cetera Advisors. We look forward to what is to come and to continuing to help clients achieve their financial goals."
"Mark and Mike are dedicated financial professionals who care deeply about serving client needs and interests above all else," said Brett Harrison, CEO of Cetera Advisors. "They share our mindset and values and are positioned well to achieve their goals and better serve their clients as part of Cetera Advisors. We welcome them to the team and look forward to collaborating to achieve success for years to come."
Mutually Focused Financial Advisors is among the latest recruiting wins for Cetera, which attracted a record $3.6 billion in assets in the second quarter of 2022. For more information about Cetera Advisors, visit https://www.cetera.com/cetera_at_a_glance/cetera-advisors.
Cetera Financial Group (Cetera) is a leading financial services firm whose purpose is to enable the delivery of best-in-class financial advice to as many Americans as possible. Cetera empowers its financial professional communities to help clients achieve their version of financial wellbeing through the Advice-Centric Experience®. Cetera proudly serves independent financial professionals, tax professionals, banks and credit unions in providing wide-ranging financial planning and wealth management services.
Cetera oversees approximately $353 billion in assets under administration and $122 billion in assets under management, as of December 31, 2021.
Visit www.cetera.com, and follow Cetera on LinkedIn, Twitter and Facebook.
"Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC, and First Allied Securities, Inc. All firms are members FINRA/SIPC. Located at: 655 W. Broadway, 11th Floor, San Diego, CA 92101.
Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.
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SOURCE Cetera Financial Group | https://www.kxii.com/prnewswire/2022/08/23/cetera-welcomes-mutually-focused-financial-advisors/ | 2022-08-23T16:45:08Z |
BEDFORD, Mass., April 12, 2022 /PRNewswire/ -- Soft Robotics Inc. today announced the appointment of Paul Kling as Vice President of Global Sales and Marketing effective April 11, 2022. In this role, Paul will be leading all Soft Robotics' sales and marketing strategies globally.
"We are delighted to have Paul join our leadership team," said Jeff Beck, CEO at Soft Robotics. "Paul has over 25 years of technical sales experience as an individual contributor, manager, and vice president in the industrial automation industry. His track record of delivering high levels of sales growth by spearheading partnerships with OEMs and Systems Integrators is the perfect match with Soft Robotics' evolving strategy. As our technologically advanced solutions, such as mGripAI™ continue to gain strong market adoption, an executive with Paul's capabilities will be an essential ingredient to the company's success. I look forward to working closely with Paul on a series of exciting strategic growth opportunities."
"It's hard to contain my excitement in joining the Soft Robotics team," said Paul Kling, Vice President of Global Sales and Marketing at Soft Robotics. "The innovative solutions and technology with mGrip™ and mGripAI™ are incredible. I'm looking forward to driving our sales and marketing strategies to reach our short and long-term objectives."
Most recently, Paul spent four years at Yaskawa America developing and executing the overall strategy for the packaging and material handling, logistics and warehouse automation markets. Prior to his time at Yaskawa America, Paul has held senior sales and marketing management positions at leading automation companies such as Parker Hannifin Corporation and Schneider Electric. Paul holds a B.S. in Mechanical Engineering from University of New Hampshire.
About Soft Robotics Inc.:
Soft Robotics Inc. is an industry-leading and award-winning technology company that designs and builds automated picking solutions using proprietary soft robotic grippers, 3D machine perception, and artificial intelligence. The company's transformational robotic automation solutions enable machine builders to solve the hardest picking problems in food automation. Soft Robotics is backed by leading venture capital firms and strategic investors that include ABB Technology Ventures, Calibrate Ventures, FANUC, Hyperplane Venture Capital, Material Impact, Scale Venture Partners, Honeywell Ventures, Tekfen Ventures, Tyson Ventures and Yamaha Motor Co., Ltd. Learn more at SoftRoboticsInc.com.
Media contact:
Julie Collura
Director, Marketing Communications
Soft Robotics, Inc.
jcollura@softroboticsinc.com
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SOURCE Soft Robotics Inc. | https://www.kxii.com/prnewswire/2022/04/12/soft-robotics-names-paul-kling-vice-president-global-sales-marketing/ | 2022-04-12T15:15:17Z |
Lawsuit: Texans ‘turned a blind eye’ to QB Watson’s actions
HOUSTON (AP) — The Houston Texans had been told that their former quarterback Deshaun Watson was sexually assaulting and harassing women during massage sessions, but instead of trying to stop him, the team provided him with resources to enable his actions and “turned a blind eye” to his behavior, according to a lawsuit filed Monday.
The lawsuit against the team was filed in Houston by one of the 24 women who had previously sued Watson over allegations of sexual misconduct when he played for the Texans. Last week, the women’s attorney, Tony Buzbee, announced 20 of the 24 lawsuits have been settled.
Watson, who was later traded to the Cleveland Browns, has denied any wrongdoing and vowed to clear his name. Watson is facing discipline from the NFL over the allegations. He is set to have a hearing this week with NFL disciplinary officer Sue L. Robinson, who will decide if the 26-year-old violated the league’s personal conduct policy. Robinson is expected to rule before the Browns open training camp late next month.
In their lawsuits, the women accused Watson of exposing himself, touching them with his penis or kissing them against their will during massage appointments. One woman alleged Watson forced her to perform oral sex.
The lawsuit against the Texans accuses the team and some of its employees of having been told or being aware of Watson’s troubling behavior. Joni Honn, the owner of a massage company that was contracted with the Texans, told police investigators that her therapists were aware of Watson’s “known tendency to push boundaries during massage sessions,” according to the lawsuit.
Honn told the Texans, including the team’s head trainer, that Watson was reaching out to random women on Instagram for massages in early 2020, according to the lawsuit.
Magen Weisheit, another massage therapist who worked with the Texans, told Houston police investigators she and others were well aware of Watson’s conduct during massage sessions. When Weisheit learned of the allegations made against Watson by a woman who filed the first lawsuit against him, she wrote in a text to the woman’s former co-worker that she could reach out to the team’s player personnel person but “they don’t do much about the situation though,” according to the lawsuit.
“Despite being actually aware of what can only be described as troubling behavior, the Houston Texans turned a blind eye. Worse, the Houston Texans organization enabled Watson’s egregious behavior. The Texans also protected and shielded Watson — for Watson’s own protection and the protection of the organization itself,” according to the lawsuit.
The woman’s lawsuit alleges the Texans provided Watson with various resources, including rooms at a Houston hotel, massage tables and a non-disclosure agreement the women were told to sign, that allowed the quarterback “to further his misconduct with women by turning the massage sessions into something sexual.”
The Texans are also accused of having their head of security remove from the internet an Instagram video from November 2020 in which a woman had detailed alleged misconduct by Watson during massage sessions with her.
In a statement, the Houston Texans did not specifically address the various allegations made against the team.
“We are aware of the lawsuit filed against us today. Since March 2021, we have fully supported and complied with law enforcement and the various investigations. We will continue to take the necessary steps to address the allegations against our organization,” the Texans said.
Buzbee said the lawsuit against the Texans was the first of many he plans to file against the team.
“Suffice it to say, the overwhelming evidence collected indicating that the Houston Texans enabled Watson’s behavior is incredibly damning. We believe the Texans knew or most certainly should have known of Watson’s conduct,” Buzbee said in a statement.
The NFL declined to comment on the lawsuit against the Texans.
“I never assaulted anyone,” Watson said June 14 in his first public comments since being introduced by the Browns in March. “I never harassed anyone or I never disrespected anyone. I never forced anyone to do anything.”
In March, two separate Texas grand juries declined to indict him on criminal complaints stemming from the allegations.
Houston police Detective Kamesha Baker, the lead investigator in the criminal investigation, told Buzbee in a deposition that she believed Watson had committed crimes in the 10 criminal complaints that had been filed against the quarterback. Baker also said that Watson’s conduct during the massage sessions was escalating in such a way she believed that he would commit even more serious crimes, according to the lawsuit.
After the grand juries declined to indict, several teams pursued Watson, who agreed to be traded to the Browns. Cleveland signed the three-time Pro Bowler to a five-year, $230 million contract in March.
The four lawsuits still pending against Watson could still go to trial, but that wouldn’t happen until 2023 at the earliest.
___
AP Pro Football Writer Rob Maaddi in Tampa, Florida, and AP Sports Writer Kristie Rieken in Houston contributed to this report.
___
Follow Juan A. Lozano on Twitter: https://twitter.com/juanlozano70
___
More AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/27/lawsuit-texans-turned-blind-eye-qb-watsons-actions/ | 2022-06-27T20:03:25Z |
BE'ER SHEVA, Israel, May 17, 2022 /PRNewswire/ -- Rezilion announced today the general availability of the company's Dynamic Software Bill of Materials (SBOM), to help organizations actively manage security across the Software Development Life Cycle (SDLC).
Rezilion's Dynamic SBOM seamlessly plugs to all software environments, from development to production, and provides real-time visibility to all software components. Unlike static SBOMs, Rezilion's Dynamic SBOM does more than just uncover what software components are there: it reveals if and how they're being executed in runtime, providing organizations with an unparalleled solution to understand where bugs exist – but also whether or not they could be exploited by attackers. Rezilion's Dynamic SBOM is available now across CI and on-prem and cloud environments. A basic, free-of-charge version is available for use in CI through Rezilion's website.
"For the first time in the history of cybersecurity, the software supply chain is being talked about on the national and international level as a prime attack vector plaguing critical infrastructure, public companies and government," said Ed Amoroso, CEO of TAG Cyber. "With the release of Rezilion's Dynamic SBOM, the company is providing a blueprint for the rest of the industry to follow that acknowledges the variable and ever changing nature of software and creates an easy to access path for developers, product security, and software supply chain owners to offer secure software to customers on a continuous basis."
In today's software-driven world, open source code dominates the software landscape and change is constant. With every change in code, new vulnerabilities can be introduced, which cybercriminals can exploit if they are not identified and fixed quickly. The need for a Software Bill of Materials (SBOM) is now imperative to any organization that wants to build and manage secure software. In fact, an SBOM requirement is part of a recent White House Executive Order for software providers who want to sell to the federal government. The order sends a clear message that the "ingredients" of software must be transparent to buyers across industries.
Current static SBOM tools fail to meet today's security needs and create too much work for CISOs, Product Security and Compliance officers. They require manual, single-point-in-time scanning to understand changes in the environment. Static SBOMs yield noisy, complex outputs that make focusing on actual risk difficult. Static SBOMs are also limited in scope of what they can see and are often only available in specific parts of the software stack. Within this context, delay and uncertainty result in risk.
Rezilon's Dynamic SBOM uniquely solves these challenges by automating management of the SBOM, and gives customers a real-time inventory of their software components and their behaviors. Through Rezilion's Dynamic SBOM, customers benefit from:
- Dynamic Inventory - Continuous tracking and management of the software environment as changes are being introduced.
- Full Stack, Full Cycle Coverage - See all software components across dev and prod, on-prem and cloud, hosts, containers, and IoT devices.
- Vulnerability Scanning - Identify known vulnerabilities associated with the software components in your SBOM.
- Dynamic Identification - Instantly search and pinpoint vulnerable components across millions of files and on thousands of hosts, containers, and applications.
- Dynamic Context (available only in premium version) - Know down to the function level what every component is doing in runtime. Triage vulnerable components that are executed and loaded to memory from the vast majority that's unloaded and therefore not exploitable.
- Exportable Formats (available only in premium version) - Share important information with customers using a formal VEX (vulnerability exchange) or Cyclone DX document.
"Companies worldwide are now on the hook to validate that their software is secure and free from exploitation on a continuous basis. This is not a new problem for the industry but one that is now gaining the attention that it deserves thanks to high-profile attacks and vulnerabilities like SolarWinds and Log4j," added Liran Tancman, Co-Founder and CEO of Rezilion. "We are setting the stage and raising the bar for the market by laying the groundwork of what needs to be included and available when it comes to an SBOM and acknowledging that this needs to be a dynamic asset that evolves with the software."
The addition of the Dynamic SBOM to Rezilion's platform marks an important milestone in the company's mission to make it easier for organizations to eliminate software risk. For more information, visit https://www.rezilion.com/platform/dynamic-sbom/ and to sign up for a free 30-day trial at https://www.rezilion.com/get-started/.
Resources:
- Rezilion is available for purchase on the AWS Marketplace.
- Work smarter with Rezilion + AWS Inspector. Together, it's possible to untangle manual security bottlenecks to build more on the cloud.
- Free Dynamic SBOM and Vulnerability Risk Assessment from Astellent, an Amazon Web Services Advanced Consulting Partner, and NCC Group, global experts in cybersecurity and risk mitigation.
- Supercharge your DevSecOps Stack. Learn how Rezilion integrates across the SDLC.
About Rezilion
Rezilion is an automated DevSecOps platform that allows organizations to effortlessly manage and eliminate software vulnerabilities from dev to prod and across cloud workloads, applications, and IoT devices. With operations in Israel and the United States, Rezilion is swiftly attracting a growing client base of Fortune 100 companies and leading industry partners. For more information, visit www.rezilion.com.
Media Contact:
Danielle Ostrovsky
Hi-Touch PR
410-302-9459
ostrovksy@hi-touchpr.com
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SOURCE Rezilion | https://www.wibw.com/prnewswire/2022/05/17/rezilion-adds-dynamic-software-bill-materials-its-platform-providing-organizations-with-continuous-view-all-software-components-exploitable-risk/ | 2022-05-17T10:39:02Z |
HOUSTON, May 4, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today reported results of operations for the three months ended March 31, 2022.
Presentation slides accompanying this earnings release are available on the Company's website at www.callon.com located on the "Presentations" page within the Investors section of the site.
First Quarter 2022 and Recent Highlights
- Delivered production of approximately 102.7 MBoe/d (63% oil) in the first quarter of 2022
- Placed two co-development projects on production in the Delaware South area with performance exceeding expectations
- Increased drilled, uncompleted well count to 42 wells at quarter end
- Generated net cash provided by operating activities of $281.3 million and adjusted free cash flow of $183.3 million
- Reported net income of $39.7 million, or $0.64 per diluted share, adjusted EBITDA of $393.7 million, and adjusted income of $212.7 million, or $3.43 per diluted share
- Reduced lease operating expense and gathering, processing & transportation expense on a sequential basis by $6.2 million and $1.3 million, respectively
- Achieved an operating margin of $58.35 per Boe, including oil price realizations of over 100% of WTI benchmark
- Reduced trailing twelve-month net debt-to-adjusted EBITDA to 1.97x, calculated pursuant to our credit facility, driven by strong operating margins and absolute debt reduction during the quarter
"Callon delivered another outstanding quarter as our results reflected both strong Permian well performance and increased overall capital and operating efficiency," said Joe Gatto, President and Chief Executive Officer. "We took several steps this quarter to help set the stage for future production growth and sustained free cash flow generation, including the build-out of a DUC inventory on our newly acquired Delaware South acreage to accommodate a more efficient scaled development model going forward. Our initial projects in this area implementing our scaled development model and completion designs are performing above expectations, and future activity in Delaware South will be an important contributor to our targeted 10% oil production growth by the fourth quarter of this year.
"We are pleased with the rapid transformation of our balance sheet that has been the product of disciplined capital allocation and leading cash margins. Our leverage ratio was below 2.0x at the end of the first quarter and we expect that metric to approach 1.0x by year-end 2022 providing improved optionality for capital allocation, including a program of capital returns that accompany further debt reduction and re-investment in a deep inventory of low-breakeven projects," concluded Mr. Gatto.
Callon Operations Update
At March 31, 2022, Callon had 1,344 gross (1,204.3 net) wells producing from established flow units in the Permian and Eagle Ford. Net daily production for the three months ended March 31, 2022 was 102.7 MBoe/d (63% oil).
For the three months ended March 31, 2022, Callon drilled 31 gross (26.4 net) wells and placed a combined 17 gross (16.5 net) wells on production. First quarter completion activity was solely focused on the Delaware Basin. Within the Delaware Basin, a six-well co-development project targeting Wolfcamp A and B zones was brought online in January and has exceeded production expectations with average 30-day production rates of 1,312 barrels of oil equivalent (Boe) per day and an oil cut of approximately 71%. Additionally, a five-well project, targeting the same two zones, was brought online in February and also has strong performance with an average 30-day production rates of 1,199 Boe/d and an oil cut of approximately 70%. As part of a broader optimization program for producing assets, Callon continues to convert gas lift systems to electric submersible pumps, positively impacting the production profile of the existing asset base across the Delaware position.
In the Eagle Ford, Callon drilled 9 gross (7.2 net) wells during the quarter but had no completion activity. During the quarter, the Company expanded its electrification efforts in the area, advancing sustainability initiatives and improving productivity. The project has resulted in the removal of another 25 generators, providing a cleaner and more reliable source of energy for field operations. Altogether, these efforts are expected to save approximately $1.5 million annually in lease operating expenses. Additional field electrification efforts are progressing and are expected to be completed by year-end.
Credit Facility Redetermination
On May 2, 2022, Callon completed the spring redetermination for its senior secured credit facility. The borrowing base and elected commitment were both reaffirmed at $1.6 billion. As of March 31, 2022, the drawn balance on the facility was $712.0 million and cash balances were $4.2 million. The Company intends to continue its application of organic free cash flow towards repayment of debt balances related to the credit facility and other debt instruments.
Second Quarter Activity Outlook and Guidance
Callon is currently running seven rigs, with four rigs in the Delaware Basin, two rigs in the Midland Basin and one rig in the Eagle Ford. One rig is expected to be released in June. The Company plans to utilize two completion crews for the second quarter, supporting new production across the Midland, Delaware and Eagle Ford positions.
For the second quarter, the Company expects to produce between 100 and 102 MBoe/d (64% oil) with between 32 and 35 gross wells (28 - 31 net) placed on production. In addition, Callon projects an operational capital spending level of between $225 and $240 million on an accrual basis.
Capital Expenditures
For the three months ended March 31, 2022, Callon incurred $157.4 million in operational capital expenditures on an accrual basis. Total capital expenditures, inclusive of capitalized expenses, are detailed below on an accrual and cash basis:
Hedge Portfolio Summary
As of April 29, 2022, Callon had the following outstanding oil, natural gas and NGL derivative contracts:
Operating and Financial Results
The following table presents summary information for the periods indicated:
Revenue. For the quarter ended March 31, 2022, Callon reported revenue of $664.8 million, which excluded revenue from sales of commodities purchased from a third party of $112.4 million. Revenues including the gain or loss from the settlement of derivative contracts ("Adjusted Total Revenue") were $531.4 million, reflecting the impact of a $133.5 million loss from the settlement of derivative contracts. Average daily production and average realized prices, including and excluding the effects of hedging, are detailed above.
Commodity Derivatives. For the quarter ended March 31, 2022, the net loss on commodity derivative contracts includes the following (in thousands):
For the quarter ended March 31, 2022, the cash paid for commodity derivative settlements includes the following (in thousands):
Lease Operating Expenses, including workover ("LOE"). LOE per Boe for the three months ended March 31, 2022 was $67.3 million, or $7.29 per Boe, compared to LOE of $73.5 million, or $7.11 per Boe, in the fourth quarter of 2021. The sequential reduction in LOE was primarily due to changing service providers and improving the efficiency of operations. The increase in LOE per Boe was due to the distribution of fixed costs spread over lower production volumes.
Production and Ad Valorem Taxes. Production and ad valorem taxes for the three months ended March 31, 2022 were approximately 5.7% of total revenue excluding revenue from sales of commodities purchased from a third-party and before the impact of derivative settlements, or $4.08 per Boe.
Gathering, Transportation and Processing. Gathering, transportation and processing expense for the three months ended March 31, 2022 was $20.8 million, or $2.25 per Boe, as compared to $22.1 million, or $2.14 per Boe, in the fourth quarter of 2021. This decrease in gathering, transportation and processing expense was primarily due to the 9% decrease in production volumes between the two periods.
Depreciation, Depletion and Amortization ("DD&A"). DD&A for the three months ended March 31, 2022 was $11.15 per Boe compared to $10.89 per Boe in the fourth quarter of 2021. The increase in DD&A per Boe was primarily attributable to the larger decrease in production volumes as compared to the depletion rate of our proved reserves from the fourth quarter of 2021 to the first quarter of 2022.
General and Administrative Expense ("G&A"). G&A for the three months ended March 31, 2022 and December 31, 2021 was $17.1 million and $13.1 million, respectively. G&A, excluding certain non-cash incentive share-based compensation valuation adjustments, ("Adjusted G&A") was $14.3 million for the three months ended March 31, 2022 compared to $13.4 million for the fourth quarter of 2021. The cash component of Adjusted G&A increased to $13.0 million for the three months ended March 31, 2022 compared to $12.2 million for the fourth quarter of 2021 primarily as a result of higher compensation costs during the quarter.
The following table reconciles total G&A to Adjusted G&A - cash component and full cash G&A (in thousands):
Income Tax. Callon provides for income taxes at the statutory rate of 21% adjusted for permanent differences expected to be realized. We recorded income tax expense of $0.5 million and income tax benefit of $0.8 million for the three months ended March 31, 2022 and December 31, 2021, respectively. Since the second quarter of 2020, we have concluded that it is more likely than not that the net deferred tax assets will not be realized and have recorded a full valuation allowance against our deferred tax assets. As long as we continue to conclude that the valuation allowance is necessary, we will not have significant deferred tax expense or benefit.
Adjusted EBITDA. Net income was $39.7 million and adjusted EBITDA was $393.7 million for the first quarter of 2022 as compared to net income of $285.4 million and adjusted EBITDA of $339.2 million for the fourth quarter of 2021. The increase in adjusted EBITDA from the fourth quarter of 2021 was primarily due to an increase in revenues primarily as a result of the 23% increase in the price of oil as well as $16.5 million less cash paid for derivative settlements.
Adjusted Income and Adjusted EBITDA. The following tables reconcile the Company's net income (loss) to adjusted income and adjusted EBITDA:
Adjusted Free Cash Flow. The following table reconciles the Company's net cash provided by operating activities to adjusted EBITDA and adjusted free cash flow:
Adjusted Discretionary Cash Flow. The following table reconciles the Company's net cash provided by operating activities to adjusted discretionary cash flow:
Adjusted Total Revenue. Adjusted total revenue is reconciled to total operating revenues, which excludes revenue from sales of commodities purchased from a third party, in the following table:
Net Debt. The following table reconciles the Company's total debt to net debt:
Non-GAAP Financial Measures
This news release refers to non-GAAP financial measures such as "adjusted free cash flow," "adjusted discretionary cash flow," "adjusted G&A," "full cash G&A," "adjusted income," "adjusted income per diluted share," "adjusted EBITDA," and "adjusted total revenue." These measures, detailed below, are provided in addition to, and not as an alternative for, and should be read in conjunction with, the information contained in our financial statements prepared in accordance with GAAP (including the notes), included in our filings with the U.S. Securities and Exchange Commission (the "SEC") and posted on our website.
- Adjusted free cash flow is a supplemental non-GAAP measure that is defined by the Company as adjusted EBITDA less operational capital expenditures (accrual), capitalized cash interest, capitalized cash G&A (which excludes capitalized expense related to share-based awards), and cash interest expense, net. We believe adjusted free cash flow provides useful information to investors because it is a comparable metric against other companies in the industry and is a widely accepted financial indicator of an oil and natural gas company's ability to generate cash for the use of internally funding their capital development program and to service or incur debt. Adjusted free cash flow is not a measure of a company's financial performance under GAAP and should not be considered as an alternative to net cash provided by operating activities, or as a measure of liquidity, or as an alternative to net income (loss).
- Adjusted discretionary cash flow is a supplemental non-GAAP measure that Callon believes provides useful information to investors because it is a comparable metric against other companies in the industry and is a widely accepted financial indicator of an oil and natural gas company's ability to generate cash for the use of internally funding their capital development program and to service or incur debt. Adjusted discretionary cash flow is defined by Callon as net cash provided by operating activities before changes in working capital and merger, integration and transaction expenses. Callon has included this information because changes in operating assets and liabilities relate to the timing of cash receipts and disbursements, which the Company may not control and the cash flow effect may not be reflected the period in which the operating activities occurred. Adjusted discretionary cash flow is not a measure of a company's financial performance under GAAP and should not be considered as an alternative to net cash provided by operating activities, or as a measure of liquidity, or as an alternative to net income (loss).
- Adjusted G&A is a supplemental non-GAAP financial measure that excludes certain non-cash incentive share-based compensation valuation adjustments and adjusted G&A - cash component further excludes equity-settled, share-based compensation expenses and non-recurring expenses. Callon believes that the non-GAAP measure of adjusted G&A and adjusted G&A - cash component are useful to investors because they provide for greater comparability period-over-period. In addition, adjusted G&A - cash component provides a meaningful measure of our recurring G&A expense.
- Full cash G&A is a supplemental non-GAAP financial measure that Callon defines as adjusted G&A – cash component plus capitalized G&A excluding capitalized expense related to share-based awards. Callon believes that the non-GAAP measure of full cash G&A is useful to investors because it provides a meaningful measure of our total recurring cash G&A costs, whether expensed or capitalized, and provides for greater comparability on a period-over-period basis.
- Adjusted income and adjusted income per diluted share are supplemental non-GAAP measures that Callon believes are useful to investors because they provide readers with a meaningful measure of our profitability before recording certain items whose timing or amount cannot be reasonably determined. These measures exclude the net of tax effects of these items and non-cash valuation adjustments, which are detailed in the reconciliation provided. Adjusted income and adjusted income per diluted share are not measures of financial performance under GAAP. Accordingly, neither should be considered as a substitute for net income (loss), operating income (loss), or other income data prepared in accordance with GAAP. However, the Company believes that adjusted income and adjusted income per diluted share provide additional information with respect to our performance. Because adjusted income and adjusted income per diluted share exclude some, but not all, items that affect net income (loss) and may vary among companies, the adjusted income and adjusted income per diluted share presented above may not be comparable to similarly titled measures of other companies.
- Adjusted diluted weighted average common shares outstanding is a non-GAAP financial measure which includes the effect of potentially dilutive instruments that, under certain circumstances described below, are excluded from diluted weighted average common shares outstanding, the most directly comparable GAAP financial measure. When a net loss exists, all potentially dilutive instruments are anti-dilutive to the net loss per common share and therefore excluded from the computation of diluted weighted average common shares outstanding. The effect of potentially dilutive instruments are included in the computation of adjusted diluted weighted average common shares outstanding for purposes of computing adjusted income per diluted share.
- Callon calculates adjusted EBITDA as net income (loss) before interest expense, income tax expense (benefit), depreciation, depletion and amortization, (gains) losses on derivative instruments excluding net settled derivative instruments, impairment of evaluated oil and gas properties, non-cash share-based compensation expense, merger, integration and transaction expense, (gain) loss on extinguishment of debt, and certain other expenses. Adjusted EBITDA is not a measure of financial performance under GAAP. Accordingly, it should not be considered as a substitute for net income (loss), operating income (loss), cash flow provided by operating activities or other income or cash flow data prepared in accordance with GAAP. However, the Company believes that adjusted EBITDA provides useful information to investors because it provides additional information with respect to our performance or ability to meet our future debt service, capital expenditures and working capital requirements. Because adjusted EBITDA excludes some, but not all, items that affect net income (loss) and may vary among companies, the adjusted EBITDA presented above may not be comparable to similarly titled measures of other companies.
- Callon believes that the non-GAAP measure of adjusted total revenue (which is revenue including the gain or loss from the settlement of derivative contracts) is useful to investors because it provides readers with a revenue value more comparable to other companies who engage in price risk management activities through the use of commodity derivative instruments and reflects the results of derivative settlements with expected cash flow impacts within total revenues.
- Callon believes that operating margin is a comparable metric against other companies in the industry is useful to investors because it is an indicator of an oil and natural gas company's operating profitability per unit of production. Operating margin is a supplemental non-GAAP measure that is defined by the Company as oil, natural gas, and NGL revenues sales price less lease operating expense; production and ad valorem taxes; and gathering, transportation and processing fees divided by total production for the period.
- Net debt is a supplemental non-GAAP measure that is defined by the Company as total debt excluding unamortized premiums, discount, and deferred loan costs, less cash and cash equivalents. Net debt should not be considered an alternative to, or more meaningful than, total debt, the most directly comparable GAAP measure. Management uses net debt to determine the Company's outstanding debt obligations that would not be readily satisfied by its cash and cash equivalents on hand. We believe this metric is useful to analysts and investors in determining the Company's leverage position since the Company has the ability to, and may decide to, use a portion of its cash and cash equivalents to reduce debt. This metric is sometimes presented as a ratio with Adjusted EBITDA in order to provide investors with another means of evaluating the Company's ability to service its existing debt obligations as well as any future increase in the amount of such obligations.
Earnings Call Information
The Company will host a conference call on Thursday, May 5, 2022, to discuss first quarter 2022 financial and operating results, outlook for the remainder of 2022, and current corporate strategy and initiatives.
Please join Callon Petroleum Company via the Internet for a webcast of the conference call:
An archive of the conference call webcast will also be available at www.callon.com under the "Investors" section of the website.
About Callon Petroleum Company
Callon Petroleum Company is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas.
Cautionary Statement Regarding Forward-Looking Information
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements include all statements regarding wells anticipated to be drilled and placed on production; future levels of development activity and associated production, capital expenditures and cash flow expectations; the Company's production and expenditure guidance; estimated reserve quantities and the present value thereof; future debt levels and leverage; and the implementation of the Company's business plans and strategy, as well as statements including the words "believe," "expect," "plans," "may," "will," "should," "could," and words of similar meaning. These statements reflect the Company's current views with respect to future events and financial performance based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. No assurances can be given, however, that these events will occur or that these projections will be achieved, and actual results could differ materially from those projected as a result of certain factors. Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. Some of the factors which could affect our future results and could cause results to differ materially from those expressed in our forward-looking statements include the volatility of oil and natural gas prices; changes in the supply of and demand for oil and natural gas, including as a result of the COVID-19 pandemic and various governmental actions taken to mitigate its impact or actions by, or disputes among members of OPEC and other oil and natural gas producing countries with respect to production levels or other matters related to the price of oil; our ability to drill and complete wells; operational, regulatory and environment risks; the cost and availability of equipment and labor; our ability to finance our development activities at expected costs or at expected times or at all; our inability to realize the benefits of recent transactions; currently unknown risks and liabilities relating to the newly acquired assets and operations; adverse actions by third parties involved with the transactions; risks that are not yet known or material to us; and other risks more fully discussed in our filings with the SEC, including our most recent Annual Reports on Form 10-K and subsequent Quarterly Reports on Form 10-Q, available on our website or the SEC's website at www.sec.gov. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
Contact Information
Kevin Smith
Director of Investor Relations
Callon Petroleum Company
ir@callon.com
(281) 589-5200
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SOURCE Callon Petroleum Company | https://www.wibw.com/prnewswire/2022/05/04/callon-petroleum-company-announces-first-quarter-2022-results/ | 2022-05-04T22:25:30Z |
WASHINGTON (AP) — The House committee investigating the Jan. 6, 2021, insurrection at the Capitolis redoubling its efforts to have GOP Leader Kevin McCarthyappear for an interview amid new revelations concerning his private conversations about the deadly attack, the chairman said Tuesday.
Chairman Bennie Thompson, D-Miss., said the panel expects to decide this week about issuing a second request to McCarthy, who has declined to voluntarily appear before the panel. The committee is also looking at summoning a widening group of House Republicans for interviews, Thompson said, as more information emerges about their conversations with the Trump White House in the run-up to the Capitol siege.
The committee is racing to wrap up this phase of its work amid newly released audio recordings of McCarthy’s private remarks after the Jan. 6 attack, when supporters of then-President Donald Trump stormed the Capitol trying to stop the certification of Joe Biden’s 2020 election victory.
In a Jan. 10, 2021, audio recording released Tuesday by The New York Times, McCarthy tells fellow Republican leaders that Trump’s far-right allies in the House are “putting people in jeopardy” with their public tweets and comments that could put other lawmakers at risk of violence.
McCarthy singled out several conservative representatives, among them Matt Gaetz of Florida and Mo Brooks of Alabama, as potentially endangering the security of other lawmakers and the Capitol complex. There’s discussion on the call of disciplining Brooks, who addressed the Jan. 6 rally and urged the crowd to “fight like hell” before they marched to the Capitol. There’s no indication McCarthy followed up with any disciplinary measures.
Gaetz had gone on television to attack Republicans who had criticized Trump, including Liz Cheney of Wyoming.
“He’s putting people in jeopardy,” McCarthy said, according to the new audio. “And he doesn’t need to be doing this. We saw what people would do in the Capitol, you know, and these people came prepared with rope, with everything else.”
On Twitter, Gaetz called McCarthy and Rep. Steve Scalise, who said Gaetz’ actions were “potentially illegal,” “weak men.” “While I was protecting President Trump from impeachment, they were protecting Liz Cheney from criticism,” Gaetz tweeted late Tuesday.
Brooks dismissed the report, telling the Times on Tuesday that “Kevin McCarthy spoke before knowing the facts.” He said he did not recall Mr. McCarthy ever speaking with him directly about his rally speech.
Earlier, the Times reported that McCarthy, in conversations with House Republicans, said that Trump had acknowledged bearing some responsibility for the attack.
The audio recordings released by the Times are part of reporting for a forthcoming book, “This Will Not Pass: Trump, Biden and the Battle for America’s Future.”
Thompson said the committee met most of Tuesday deciding next steps on McCarthy and other House members.
“We will probably look at engaging some of the lawmakers by invitation at this point, and we’ll go from there,” Thompson said at the Capitol.
The panel had previously sought interviews from McCarthy and Republican Reps. Jim Jordan of Ohio and Scott Perry of Pennsylvania, two Trump allies central to the effort to challenge the results of the 2020 presidential election that Trump lost to Biden.
All three have declined to voluntarily appear, but the committee has stopped short of taking the more dramatic step of issuing subpoenas to the sitting members of Congress to compel their testimony.
Thompson noted that the earlier invitation to McCarthy was sent “before this latest revelation that was reported on tape.” He told reporters that “in all probability” McCarthy would get another invitation.
At the same time, the panel is broadening its outreach to a potentially much wider group of Republican lawmakers who are now known to have played a more substantial role than previously understood ahead of the riot and as it unfolded.
‘We’ll make a decision on any others before the week is out,” Thompson said.
Brooks, a Trump ally who was with a group of lawmakers who met in December 2020 at the White House, has suggested he would appear before the panel.
Additionally, the panel is now eyeing other House Republican lawmakers reported to have been working closely with Mark Meadows, Trump’s former White House chief of staff, as they sought to challenge Biden’s win.
A handful of lawmakers’ names were included in testimony released late Friday as part of a court filing as the committee seeks access to Meadows’ text messages.
“We will probably look at engaging some of the lawmakers by invitation at this point, and we’ll go from there,” Thompson said Tuesday.
The panel is working swiftly to launch public hearings, which it hopes to both start and conclude by June, before issuing an initial report of its findings in fall. | https://cw33.com/news/politics/ap-politics/house-1-6-panel-wants-to-hear-from-mccarthy-after-new-audio/ | 2022-04-27T13:38:44Z |
Charlie Rose reemerges with first interview since firings
By DAVID BAUDER
AP Media Writer
NEW YORK (AP) — Journalist Charlie Rose has reemerged by posting an interview with investor Warren Buffett on his website — Rose’s first public work since his career imploded in November 2017 after sexual misconduct charges. Rose wrote that the 75-minute interview was “a step in a journey to engage the most interesting people and explore the most compelling ideas in the world.” The interview was focused solely on the 91-year-old Berkshire Hathaway chairman, one of the richest men in the world. Rose lost his PBS talk show and his job at CBS’ morning show after The Washington Post wrote about allegations of misconduct, including groping women and walking naked in front of them. | https://localnews8.com/news/ap-national-business/2022/04/14/charlie-rose-reemerges-with-first-interview-since-firings/ | 2022-04-15T00:22:29Z |
- ARR uplift driven by a rapid increase in the share of Cloud* (68% of ACV) and Subscription (78% of ACV) YTD.
- Software Revenues YTD representing 76% of Total Revenues
LONDON, July 26, 2022 /PRNewswire/ -- IFS, the global cloud enterprise software company, today reported its financial results for H1 as of June 30, 2022, with its share of Recurring Revenue reaching 71 percent of Total Revenues and Software Revenues reaching 76 percent of Total Revenues.
Growth in H1 2022 came from winning net new customers as well as from the IFS install base who continue to upgrade to IFS Cloud. In the first 12 months of IFS Cloud's general availability, the company reported the same number of new users as it secured over a 25 year period with previous generation software. Not only is IFS's proposition attractive to businesses wanting a composable solution specific to their needs, but also Cloud environments are being staged in days and implementation times are surpassing industry benchmarks to drive faster time-to-value. In line with this trend, more and more customers are looking to IFS to manage and deliver services throughout their journey with IFS, which has led to a 203 percent year on year increase in IFS's Success services revenues YTD.
IFS CEO Darren Roos commented: "Our H1 results establish the importance of investing in the things our customers care about - a quality solution that end-users enjoy using, that is implemented quickly and effectively." Roos continued: "Building a strong and healthy business, whilst delivering growth has been a key theme for the first half of the year as we see macro economic challenges starting to emerge. Our differentiation of empowering our customers to deliver amazing moments of service to their customers is compelling, but in the immediate term, the speed and extent of the value we can return to a customer in how they navigate the headwinds is key."
IFS Chief Financial Officer, Constance Minc, commented: "Our H1 performance demonstrates we have built further resilience into our business with a significant increase in our ARR driven by an uplift in the share of Cloud ACV at 68% and Subscription ACV at 78% YTD. Our H1 Net Revenue also show an increase of 14 percent YoY, a strong result aligned to our strategy of moving more consulting revenue to our growing partner ecosystem. In addition to our organic growth, we are acquiring businesses with strong foundations as well as a proposition that will add functionality and choice to benefit our customers."
Following the close of H1 2022, IFS announced the acquisition of Ultimo, a provider of Cloud Enterprise Asset Management (EAM) software. IFS is a leader in the EAM space, thanks to its ability to uniquely offer customers Intelligent Asset + Service capabilities. In H1 2022, Gartner named IFS as the #1 vendor in its Global EAM Market Share report for 2021, in addition winning the Gartner Peer Insight Customers' Choice Award for EAM software.
Other industry analyst accolades from H1 2022 included being named a Leader in three IDC MarketScape reports (Worldwide Manufacturing Service Life-Cycle Management Platforms 2022, Worldwide Field Service Management Solutions for Utilities 2022 and Worldwide SaaS and Cloud-Enabled Manufacturing ERP Applications 2022), as well as being listed in the Constellation Research Shortlist for Field Service Management and Product-Centric Cloud ERP 2022.
Financial and Operational Highlights for H1 FY2022 (January-June 2022):
- H1 2022 Software Revenue was SEK 2.8bn an increase of 22 percent versus H1 2021
- H1 2022 Cloud Revenue increased 56 percent versus H1 2021
- H1 2022 Net Revenue was SEK 3.7bn, an increase of 14 percent versus H1 2021
- Annual Recurring Revenue is equiv. SEK 4.5bn an increase of 33 percent YoY
*Note: all figures based in Swedish Krona and reported in constant currency. Cloud mix of ACV includes all of IFS Cloud (including IFS Cloud Remote) and cloud deployment of other products.
In line with WorkWave establishing itself as a standalone business at the end of Q2 2021, the performance reported above excludes WorkWave's contribution to the IFS Group.
Learn more at www.ifs.com/corp/company/financial-results
About IFS:
IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers-at the Moment of Service™. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 5,000 employees every day live our values of agility, trustworthiness and collaboration in how we support our 10,000+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.
Contact information:
EUROPE / MEA / APJ: Adam Gillbe
IFS, Director of Corporate & Executive Communications
Email: press@ifs.com
Phone: +44 7775 114 856
NORTH AMERICA / CANADA / LATAM: Mairi Morgan
Corporate Communications
Email: press@ifs.com
Phone: +1 520 396 2155
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SOURCE IFS | https://www.mysuncoast.com/prnewswire/2022/07/26/ifs-reports-sharp-increase-arr-33-yoy-supporting-shift-revenue-mix-with-71-total-revenues-ytd-now-being-recurring/ | 2022-07-26T13:24:03Z |
CHICAGO, April 5, 2022 /PRNewswire/ -- Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, today reported March monthly trading volume statistics across its global business lines and provided guidance for selected revenue per contract/net revenue capture metrics for the first quarter of 2022.
The data sheet "Cboe Global Markets Monthly Volume & RPC/Net Revenue Capture Report" contains an overview of certain March trading statistics and market share by business segment, volume in select index products, and RPC/net capture, which is reported on a one-month lag, across business lines.
March and First Quarter 2022 Trading Volume Highlights
Options
- In first-quarter 2022, total volume across Cboe's four options exchanges was 830.3 million options contracts, setting a record for the second consecutive quarter. Quarterly average daily volume (ADV) reached a new all-time high of 13.4 million contracts traded per day.
- Cboe successfully launched Nanos, a first of its kind, one-multiplier, cash-settled listed options contract, on March 14. Nearly 7,200 contracts traded in total within the first two weeks of launch.
European Equities
- Cboe BIDS Europe, Cboe Europe's block trading platform, reported record average daily notional value (ADNV) traded of €669 million, beating the previous record of €608 million ADNV traded in January 2022.
- Cboe Europe Periodic Auctions reported record ADNV traded of €2.1 billion, beating the previous record of €2 billion ADNV traded in February 2022.
European Derivatives
- Cboe Europe Derivatives traded 2,464 contracts, a record monthly figure and up from 1,623 contracts in February 2022.
Global FX
- Spot ADNV was $44.4 billion in March 2022, the second-highest volume month on record behind March 2020.
- Spot Full Amount ADNV reached a new all-time monthly high with $12.9 billion traded in March 2022.
- Cboe SEF set a new monthly ADNV record in Non-Deliverable Forwards (NDFs) with $957 million traded in March 2022.
First-Quarter 2022 RPC/Net Revenue Capture Guidance
The projected RPC/net capture metrics for the first quarter of 2022 are estimated, preliminary and may change. There can be no assurance that our final RPC for the three months ended March 31, 2022, will not differ materially from these projections.
The above represents average revenue per contract (RPC) or net capture based on a three-month rolling average. For Options and Futures, the average RPC represents total net transaction fees recognized for the period divided by total contracts traded during the period for options exchanges: BZX Options, Cboe Options, C2 Options and EDGX Options; futures include contracts traded on Cboe Futures Exchange, LLC (CFE). For U.S. Equities – On-Exchange, "net capture per 100 touched shares" refers to transaction fees less liquidity payments and routing and clearing costs divided by the product of one-hundredth ADV of touched shares on BZX, BYX, EDGX and EDGA and the number of trading days for the period. For U.S. Equities – Off-Exchange, "net capture per 100 touched shares" refers to transaction fees less OMS/EMS costs and clearing costs divided by the product of one-hundredth ADV of touched shares on BIDS Trading and the number of trading days for the period. For Canadian Equities, "net capture per 10,000 touched shares" refers to transaction fees divided by the product of one-ten thousandth ADV of shares for MATCHNow and the number of trading days for the period. For European Equities, "net capture per matched notional value" refers to transaction fees less liquidity payments in British pounds divided by the product of ADNV in British pounds of shares matched on Cboe Europe Equities and the number of trading days. For EuroCCP, "Fee per Trade Cleared" refers to clearing fees divided by number of non-interoperable trades cleared and "Net Fee per Settlement" refers to settlement fees less direct costs incurred to settle divided by the number of settlements executed after netting. For Australian Equities, "net capture per matched notional value" refers to transaction fees less liquidity payments in Australian Dollars divided by the product of ADNV in Australian Dollars of shares matched on Chi-X Australia and the number of trading days. For Japanese Equities, "net capture per matched notional value" refers to transaction fees less liquidity payments in Japanese Yen divided by the product of ADNV in Japanese Yen of shares matched on Chi-X Japan and the number of trading days. For Global FX, "net capture per one million dollars traded" refers to transaction fees less liquidity payments, if any, divided by the Spot and SEF products of one-thousandth of ADNV traded on the Cboe FX markets and the number of trading days, divided by two, which represents the buyer and seller that are both charged on the transaction. Average transaction fees per contract can be affected by various factors, including exchange fee rates, volume-based discounts and transaction mix by contract type and product type.
About Cboe Global Markets, Inc.
Cboe Global Markets (Cboe: CBOE), a leading provider of market infrastructure and tradable products, delivers cutting-edge trading, clearing and investment solutions to market participants around the world. The company is committed to operating a trusted, inclusive global marketplace, providing leading products, technology and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives and FX, across North America, Europe and Asia Pacific. To learn more, visit www.cboe.com.
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Cboe Global Markets, Inc. and its affiliates do not recommend or make any representation as to possible benefits from any securities, futures or investments, or third-party products or services. Cboe Global Markets, Inc. is not affiliated with S&P or MSCI Inc. Investors should undertake their own due diligence regarding their securities, futures, and investment practices. This press release speaks only as of this date. Cboe Global Markets, Inc. disclaims any duty to update the information herein.
Nothing in this announcement should be considered a solicitation to buy or an offer to sell any securities or futures in any jurisdiction where the offer or solicitation would be unlawful under the laws of such jurisdiction. Nothing contained in this communication constitutes tax, legal or investment advice. Investors must consult their tax adviser or legal counsel for advice and information concerning their particular situation.
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Options involve risk and are not suitable for all market participants. Prior to buying or selling an option, a person should review the Characteristics and Risks of Standardized Options (ODD), which is required to be provided to all such persons. Copies of the ODD are available from your broker or from The Options Clearing Corporation, 125 S. Franklin Street, Suite 1200, Chicago, IL 60606.
Futures trading is not suitable for all investors and involves the risk of loss. That risk of loss can be substantial and can exceed the amount of money deposited for a futures position. You should, therefore, carefully consider whether futures trading is suitable for you in light of your circumstances and financial resources. You should put at risk only funds that you can afford to lose without affecting your lifestyle. For additional information regarding futures trading risks, see the Risk Disclosure Statement set forth in Appendix A to CFTC Regulation 1.55(c) and the Risk Disclosure Statement for Security Futures Contracts.
Cautionary Statements Regarding Forward-Looking Information
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve a number of risks and uncertainties. You can identify these statements by forward-looking words such as "may," "might," "should," "expect," "plan," "anticipate," "believe," "estimate," "predict," "potential" or "continue," and the negative of these terms and other comparable terminology. All statements that reflect our expectations, assumptions or projections about the future other than statements of historical fact are forward-looking statements. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from those expressed or implied by the forward-looking statements.
We operate in a very competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible to predict all risks and uncertainties, 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 any forward-looking statements.
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SOURCE Cboe Global Markets, Inc. | https://www.kxii.com/prnewswire/2022/04/05/cboe-global-markets-reports-trading-volume-march-2022/ | 2022-04-06T01:09:57Z |
NEW YORK, Aug. 7, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Waste Management, Inc. (NYSE: WM) redeemable senior notes (the "Notes") between February 13, 2020 and June 23, 2020, inclusive (the "Class Period"), including the following senior redeemable notes issued by WM in May 2019: (i) 2.95% Senior Notes due 2024; (ii) 3.20% Senior Notes due 2026; (iii) 3.45% Senior Notes due 2029; and (iv) 4.00% Senior Notes due 2039, of the important August 8, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Waste Management Notes during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Waste Management class action, go to https://rosenlegal.com/submit-form/?case_id=6891 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 8, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: The complaint filed in this class action alleges that throughout the Class Period, defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) the U.S. Department of Justice had indicated to Waste Management that it would require Waste Management to divest significantly more assets than the $200 million Antitrust Revenue Threshold; (2) as a result, the merger would not be completed by the End Date; and (3) the Notes would be subject to mandatory redemption at 101% of par. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Waste Management class action, go to https://rosenlegal.com/submit-form/?case_id=6891 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/08/07/wm-final-deadline-tomorrow-rosen-top-ranked-firm-encourages-waste-management-inc-investors-secure-counsel-before-important-august-8-deadline-securities-class-action-wm/ | 2022-08-07T11:23:15Z |
I’ve read plenty of books about death over the years, the subject being a major part of the ministry of a church pastor. My most recent book on this theme, sent by my brother, is “How to Die: An Ancient Guide to the End of Life.” Compiled by Classics Professor James S. Romm, this slender volume contains the observations of the Roman poet and stoic philosopher Seneca (4 B.C.-65 A.D.)
Seneca advised, “Study death. From the time you are born, you are being led to death.”
Seneca, an educated Roman citizen, died by his own hand in A.D. 65 in Rome; since tradition has it that Paul was beheaded in A.D. 64 in Rome, these two highly educated, literate men lived in Rome simultaneously. A creative writer could compose an imaginary meeting between the two of them.
Seneca was a measured, courageous man when it came to death. Some of what he writes a person of faith can embrace:
“There is nothing that does not grow old. Whatever is, will no longer be … whoever is brought into life is destined for death. … The fates will seize hold of one person now, another later, but they will overlook no one. … Each in his or her own time, we all bend our course to the same place. … Every day there passes before our eyes the funerals of the famous and the obscure, yet we are busy with other things, and we find a sudden surprise in the thing that, our whole life long, we were told was coming. … A life lived without the courage to die is slavery. … I enjoy my life thus far because I don’t spend too much time measuring how long all this will remain.”
For all his sagacity, Seneca apparently knew nothing about Jesus, abundant, eternal life, the Kingdom of God, new life in Christ, or resurrection and redemption. Though he faced death calmly, his outlook was bleak at best.
Paul, of course, grasped resurrection. He would have said to Seneca, “Study life. Death is the final enemy. Study life eternal, here and in the life to come.”
Paul’s affirmations are much more inspiring: “For me, to live is Christ … to die is gain … we live by faith, not by sight. … Christ has been raised from the dead, the first fruits of those who have died. … Flesh and blood cannot inherit the kingdom of God, nor does the perishable inherit the imperishable. This perishable body must put on imperishability. … death is swallowed up in victory. … I have fought the good fight, I have finished the race, I have kept the faith. From now on there is reserved for me the crown of righteousness. … also to all who have longed for his appearing. … If the Spirit of him who raised Jesus from the dead dwells in you, he who raised Christ from the dead will give life to your mortal bodies also. … I am convinced that neither death, nor life … will be able to separate us from the love of God in Christ Jesus our Lord.”
Paul, too, faced death calmly. But his perspective was victorious. It’s too bad he never had a chance to enrich Seneca.
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accounts, the history behind an article. | https://www.albanyherald.com/features/creede-hinshaw-differing-perspectives-on-the-reality-of-death/article_c9896604-2f7e-11ed-a642-1f5b1f91e234.html | 2022-09-08T23:00:02Z |
32 community leaders to graduate from Leadership Greater Topeka
TOPEKA, Kan. (WIBW) - The Greater Topeka Partnership will honor 32 graduates of Leadership Greater Topeka and five community leaders during its graduation and awards ceremony on May 19.
The Greater Topeka Partnership says Leadership Greater Topeka has invited the community to help celebrate its 2022 graduating class and honor alumni recognized as winners of the 2022 LGT Alumni awards. It said the awards gala and graduation will be held from 6:30 to 8 p.m. on Thursday, May 19, at The Beacon, 420 SW 9th St.
GTP said this is the first year it plans to host the gala and graduation as a single event. It said 36 leaders will graduate this year after they engaged in programming sessions over the past five months to gain new perspective on the community, learn adaptive leadership concepts and build a lifetime network of leaders.
GTP said the event will honor all 36 program graduates and celebrate local leaders for their continued involvement in the community.
The organizations said the following local leaders will be honored with LGT Alumni Awards:
- Rising Star Award
- Chelsea Huston, General Manager of Axe & Ale
- Susana Maria Ortiz, Owner/LPC at Ad Astra Per Aspera Counseling and Counselor Educator at Emporia State University
- Activator Award
- Jacob Wamego, President and CEO of Prairie Band LLC
- Dawn McWilliams, CEO of Boys & Girls Clubs of Topeka
- Marsha Sheahan Legacy Award
- Roger Underwood, retired from the banking industry and serves on the Community Bank Board of Directors
“These awards represent the levels of leadership needed for any community to move forward,” said Michelle Cuevas-Stubblefield, the GTP’s senior vice president of strategy and LGT supervisor. “LGT alumni, the advisory board and the Greater Topeka Partnership are excited for the opportunity to honor Topeka, Shawnee County leadership. Our community wouldn’t be where it is today without them.”
GTP said tickets for the graduation and gala are available for purchase HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/04/32-community-leaders-graduate-leadership-greater-topeka/ | 2022-05-04T19:54:21Z |
BUDAPEST, Hungary (AP) — Elite swimmer Mykhailo Romanchuk doesn’t know if his father was able to see him winning a medal for Ukraine at the swimming world championships.
Romanchuk’s father is fighting in the east of Ukraine, where pockets of resistance are still denying Russia full military control of the region almost four months after it unleashed its invasion.
“He’s in a hot spot and it’s a hard time,” Romanchuk said after taking bronze in the men’s 800-meter freestyle race on Tuesday.
Romanchuk doesn’t dare talk to his dad out of fear his father’s location could be tracked through the call.
“It’s not possible for them to join the network because the Russians can search everything,” Romanchuk said. “But every morning he sends me (a message) that he is OK.”
The 25-year-old Romanchuk – who still intends to race the men’s 1500, then the 10K and 5K races in open water at the worlds – almost never made it to Budapest.
“My mind was to go to the war to defend my home,” said Romanchuk, who spent 10 days agonizing with his wife and family over the best course of action after Russia invaded his country on Feb. 24.
“We decided that I cannot do anything with the gun. For me, it’s better to continue training, to do everything that I do best,” said Romanchuk, who won bronze in the 800 and silver in the 1500 at the Tokyo Olympics last year. “With my swimming, I can tell all the world about the situation in Ukraine.”
As training facilities were destroyed by the war, Romanchuk was invited by German swimmer Florian Wellbrock – who finished second behind American Bobby Finke in the 800 – to come join him in Germany to train.
Romanchuk and Wellbrock embraced after finishing 1-2 in qualifying for Tuesday’s race. But Finke’s strong finish prevented a repeat in the final. Romanchuk finished 0.69 seconds behind Finke. The top three all set national records.
Romanchuk said he was both “proud and disappointed” of his third place. He said his medal proves “that Ukrainians will fight to the end, it doesn’t matter what the situation.”
Swimmers from Russia and its ally Belarus have been excluded from the championships. Romanchuk said he doesn’t know how he would have reacted if they hadn’t been.
“My reaction could be maybe aggressive, I don’t know,” said Romanchuk, who referred to Olympic backstroke champion Evgeny Rylov appearing at a pro-war rally in Moscow. “Inside of me, I was ready to go and to kill him,” he said of Rylov. “But before he was a good friend. Before. But everything changed.”
Romanchuk spoke of the destruction Russia has caused in his country, the people killed, the lives shattered.
It makes it hard for him to focus on swimming.
“Especially in the beginning when I moved to Germany to join the group. It was hard because mentally you are in the war and you are sleeping just three or four hours because you are always reading the news,” Romanchuk said. “It was so hard in the beginning, but then you understand that all you can do is to swim, to train, to represent your country.”
For the freshly minted medalist, it’s a time to feel proud.
“I’m so proud of all the people in Ukraine. This is all I can say. I’m proud of the people, of the government, the president. I’m so proud of them,” Romanchuk said. “And I’m really happy to be Ukrainian.”
___
More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports | https://cw33.com/news/ap-top-headlines/romanchuk-wins-medal-in-pool-while-father-fights-in-ukraine/ | 2022-06-22T17:45:06Z |
Judge: Trump must pay $110K, meet conditions to end contempt
NEW YORK (AP) — A New York judge has stopped the clock on Donald Trump’s $10,000-a-day fine for failing to turn over documents in a state civil investigation and said Wednesday he’ll lift the former president’s contempt finding altogether if he meets certain conditions, including paying $110,000 in fines he’s racked up so far.
Judge Arthur Engoron said he will conditionally lift Trump’s contempt finding if, by May 20, Trump submits additional affidavits detailing efforts to search for the subpoenaed records and explaining his and his company’s document retention policies; a company he hired to aid the search completes its work; and he pays the fines.
Engoron found Trump in contempt on April 25 and fined him $10,000 per day for not complying with a subpoena for documents in New York Attorney General Letitia James’ investigation into his business practices, which she said has uncovered evidence that Trump may have misstated the value of assets like skyscrapers and golf courses on financial statements for over a decade.
The total Engoron ordered Trump to pay is the amount of fines accrued through last Friday, when Trump’s lawyers submitted 66 pages of court documents detailing the efforts by him and his lawyers to locate the subpoenaed records. Engoron could reinstate the fine if the conditions he set forth on Wednesday are not met.
Also Wednesday, a state appellate court is scheduled to hear oral arguments in Trump’s appeal in another subpoena matter: Engoron’s Feb. 17 ruling requiring him to answer questions under oath in James’ investigation.
A message seeking comment was left with Trump’s lawyer.
James, a Democrat, asked Engoron to hold Trump in contempt of court after he failed to produce any documents to satisfy a March 31 deadline to meet the terms of the subpoena.
James’ office sought numerous documents, including paperwork and communications pertaining to Trump’s financial statements, financing and debt for a Chicago hotel project and development plans for his Seven Springs Estate north of New York City, and even communications with Forbes magazine, where he sought to burnish his image as a wealthy businessman.
Trump attorney Alina Habba said in the May 6 filing that the responses to the subpoena were complete and correct and that no relevant documents or information were withheld.
Habba conducted searches of Trump’s offices and private quarters at his golf club in Bedminster, New Jersey, and his residence in Mar-a-Lago, Florida, according to the filing, but didn’t find any relevant documents that hadn’t already been produced. The filing also detailed searches of other locations including file cabinets and storage areas at the Trump Organization’s offices in New York.
In a separate sworn affidavit included with the filing, Trump stated there aren’t any relevant documents that haven’t already been produced.
He added that he owns two cellphones: an iPhone for personal use that he submitted in March to be searched as part of the subpoena, then submitted again in May; plus a second phone he was recently given that’s only used to post on Truth Social, the social media network he started after his ban from Twitter, Facebook and other platforms.
Engoron’s criteria for lifting the contempt finding were largely in line with conditions James’ office outlined in its response Monday to the lengthy filing last week in which Trump and his legal team said they had exhausted efforts to find the subpoenaed records.
Those conditions sought by James’ office were: Trump submitting another affidavit detailing his and his company’s retention and destruction policies for his documents and electronic devices; and allowing the outside firm Trump hired, HaystackID, to finish going through 17 boxes kept at an off-site storage facility, and for that company to issue a report on its findings and turn over any relevant documents.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/11/judge-trump-must-pay-110k-meet-conditions-end-contempt/ | 2022-05-11T18:33:56Z |
,
/PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Unity Software
Inc. ("Unity" or the "Company") (NYSE: U) and certain of its officers. The class action, filed in
District Court for the Northern District of
, and docketed under 22-cv-03962, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Unity securities between
and
, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule
-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Unity securities during the Class Period, you have until September 6, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Unity creates and operates an interactive real-time 3D content platform. The Company's platform provides software solutions to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. One of the tools on the Company's product platform is the Audience Pinpointer, a user acquisition service which uses real-time user valuation at the time of an ad request.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) deficiencies in Unity's product platform reduced the accuracy of the Company's machine learning technology; (ii) the foregoing was likely to have a material negative impact on the Company's revenues; (iii) accordingly, Unity had overstated the Company's commercial and/or financial prospects for 2022; (iv) as a result, the Company was likely to have to reduce its fiscal 2022 guidance; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
On May 10, 2022, after the market closed, Unity announced its financial results for the first quarter of 2022. The Company also reduced its fiscal 2022 guidance, citing "challenges with monetization products." Specifically, Unity stated that "a fault in [Unity's] platform . . . resulted in reduced accuracy for [its] Audience Pinpointer tool, a revenue expensive issue given that [the] Pinpointer tool experienced significant growth post the IDFA changes."
On this news, Unity's stock price fell $17.83 per share, or approximately 37%, to close at $30.30 per share on May 11, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/08/09/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-unity-software-inc-class-action-lawsuit-upcoming-deadline-u/ | 2022-08-09T07:32:18Z |
NEW YORK , Aug. 2, 2022 /PRNewswire/ -- In line with its international expansion strategy, Agro.Club, a global AgTech solutions provider, announces its expansion into Brazil. Its Full Stack B2B Grain Marketplace serves a vast unmet demand for grain trade digitalization, by making it more transparent, efficient, and risk-free for all players involved. Agro.Club has appointed ex-CEO of Sodrugestvo Brasil, Clesio G. Silva, as the CEO for its business in the region.
Agro.Club comes to Brazil with its unique Full Stack Marketplace model that has already demonstrated rapid scale and has proven to increase transparency, resolve inefficiencies in execution of the grain transactions, facilitate logistics, and fill financing gaps for the farmers and grain companies.
Brazil is the fourth largest food producer in the world with the Agricultural sector contributing approximately 5.9% of the country's GDP. Brazil is one of the largest global producers of soybeans, corn, and sugarcane. It exported a record 86.63 million tons of soybeans in 2021, as reported by the National Association of Cereal Exporters (ANEC).
The appointment of Clesio G. Silva to the position of Chief Executive Officer in Brazil will accelerate Agro.Club's go-to-market strategy and expansion in the region, by providing a more profound understanding of the needs of the farmers and key business players in the country. Mr. Silva is a top-tier executive who has successfully managed multibillion-dollar businesses in agriculture (seeds, crop protection, grain trade) with multinationals such as Sodrugestvo, Adama, Bayer, etc. in addition to LatAm companies (Algar Tech, BRF, etc). Through his 20+ years of professional experience, he has gained a strong track record of expanding and managing complex operations, building up talented teams and partnering with the broader agriculture ecosystem.
"Agro.Club has already demonstrated strong product market fit in grain trading supported by a robust scalable technology platform. With our Full Stack B2B Grain Marketplace, we will add more value and convenience to local players. The tech algorithms are not only meant to help farmers and grain companies transact more effectively, but they also facilitate grain quality control, KYC, logistics, and financing of transactions," says Clesio Silva, newly appointed CEO for Agro.Club Brazil.
Agro.Club's global CEO and founder Egor Kirin comments, "Following Agro.Club's initial strategy, we strengthen our international presence by entering Latin America. We plan to rapidly expand our market share in Brazil while closely cooperating with existing players in the region and serving their needs. We are a company that does not shy away from the "messiness" and complexity in grain transactions. Rather, we leverage technology to streamline and de-risk it for the full value chain. Thanks to high adoption and retention of our customers, our business has grown 25X in the last 12 months and is already a profitable operation, so we are taking a proven model to the Brazilian market".
Agro.Club is a US-based Agri-Tech supplier with operations across North America, Europe, and now South America. Founded in 2018 by Egor Kirin, Agro.Club offers a 100% Ag-focused platform that increases efficiency across the whole agricultural value chain. The company runs a full stack B2B grain marketplace with sales enablement tools. It has over 160 employees globally, over 100 corporate customers (Cargill, Mars, LDC, etc.), more than 35,000 farmers, and over $200 million of annualized transactions.
Agro.Club has so far raised capital from marquee global investors such as: Rabo Frontier Ventures (Rabobank), Speedinvest, VentureFriends, Elevator Ventures (Raiffeisen Bank), etc.
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SOURCE Agro.Club | https://www.mysuncoast.com/prnewswire/2022/08/02/grain-trade-re-invented-global-agri-tech-provider-agroclub-enters-brazil/ | 2022-08-02T14:22:32Z |
NEW YORK, June 6, 2022 /PRNewswire/ -- Onassis Holdings Corp, (OTC: ONSS), a holding company specializing in wellness, healthcare, and the distribution of nutraceuticals and herbal-based medications, is pleased to announce that it is partnering with SRAX (NASDAQ: SRAX) to streamline activities with potential investors and existing shareholders.
SRAX specializes in proprietary operating system tools used for expanding and maintaining investor communities.
Onassis will rely on SRAX's Sequire platform to attain real-time market data, including level two trading data. In addition, this engaging operating system allows for improved communications to provide fast and reliable company information to shareholders.
"Improved communications with our investor community are key to our plans for expansion and growth over the coming year," notes Eliron Yaron, Chairman of Onassis. "Our partnership with SRAX offers us the potential to improve the ways we communicate and, therefore, create a much improved investor experience, alongside expected growth."
About SRAX:
SRAX (NASDAQ: SRAX) is a financial technology company that unlocks data and insights for publicly traded companies. Through its premier investor intelligence and communications platform, Sequire, companies can track their investors' behaviors and trends and use those insights to engage current and potential investors across marketing channels.
About Onassis Holdings Corp
Onassis is a wellness holding company specializing in healthcare, technology and the distribution of nutraceuticals and herbal-based medications.
The Company is currently focused on distribution of nutraceuticals and herbal-based medications in the wellness sector, along with future plans for manufacturing new products for this market. Onassis has begun working with the world's top nutrition experts for innovative manufacturing and marketing collaboration. The Company has selected products that passed in-vitro and in-vivo clinical studies of herbal and marine formulations utilized and documented by traditional and natural medicine in over thousand years to ensure that our ingredients are effective.
Disclaimer:
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of the Company to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labeled with the terms "believes," "should," "intends," "will," or "plans" to be uncertain and forward-looking.
Logo - https://mma.prnewswire.com/media/1708529/Onassis_Holdings_Corp_Logo.jpg
For more information about Onassis:
Onassis Holdings Corp.
+1-929-229-9864
sales@onassis-holdings.com
www.onassis-holdings.com
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SOURCE Onassis Holdings Corp | https://www.mysuncoast.com/prnewswire/2022/06/06/onassis-holdings-teams-with-srax-inc/ | 2022-06-06T11:05:32Z |
Developer Chose Boviet Solar's Vega Series™ Bifacial PV Modules
SAN JOSE, Calif., June 13, 2022 /PRNewswire/ -- Boviet Solar, a leading global solar energy technology company specializing in the manufacturing of Monocrystalline PERC PV cells, Monofacial and Bifacial PV Modules, has signed a contract to provide 255 MW of PV Modules to a leading global renewable energy developer. The PV modules will be used at a utility-scale solar project in the United States.
The developer chose Boviet Solar's high-performance and high-efficiency Vega Series™ 550W PERC Monocrystalline - Bifacial Double-Glass PV Modules.
"Our Monofacial and Bifacial PV modules are designed with better technology in mind, made from robust products components under stringent quality control steps and using high-tech manufacturing processes. As a result, clients can mitigate their project risk, lower their balance of system (BOS) cost, lower the levelized cost of electricity (LCOE), receive a great return on investment (ROI), and realize long-term, reliable energy generation and savings," said Sienna Cen, President of Boviet Solar USA.
Boviet Solar's PV modules feature high-purity monocrystalline wafer technology combined with PERC, half-cut, multi-busbar, large cell design and robust product components.
"That combination of technologies means our modules capture more photons, produce more energy, and ultimately pack more power per module. And it means developers can rely on our modules to perform reliably regardless of the installation scenario and environmental conditions," Cen added.
Boviet Solar's PV Modules have been listed on the PVEL top performance PV Module scorecard since 2019. The company has achieved BloombergNEF's Tier 1 status since 2017.
Founded in 2013 in Vietnam, Boviet Solar is part of Boway Alloy and a global Tier 1 solar technology company that specializes in the manufacturing of Monocrystalline PERC cells, Monofacial and Bifacial PV modules, as well as solar project development. The company works with IPPs, EPCs, project developers, solar installers, and contractors to deliver top-performing PV modules for utility-scale, commercial, industrial, and residential solar projects. With a proven track record of success working with many of the industry's leading players, Boviet Solar has maintained its position as a BloombergNEF Tier 1 solar module manufacturer and supplier since 2017. The company offers financial stability, technology know-how, manufacturing excellence and supply chain transparency. Its PV Modules are known for their power, performance and quality and have been rated as top performers on the PVEL/DNV-GL module reliability scorecard since 2019. Boviet Solar's USA headquarters are in San José, California and its global headquarters are located in Vietnam. For more information, please visit www.bovietsolar.com.
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SOURCE Boviet Solar | https://www.mysuncoast.com/prnewswire/2022/06/13/boviet-solar-gets-255-megawatt-pv-module-order-leading-global-renewable-energy-developer/ | 2022-06-13T14:33:54Z |
CHICAGO, Sept. 13, 2022 /PRNewswire/ -- Infrastructure Engineering, Inc. (IEI) is pleased to welcome Mr. Edward (Ed) Andrews, PE, MSCE, to our Peoria, IL office as Operations Manager.
With a 30-year career trajectory delivering infrastructure projects for municipal, state, and federal agencies in and around Peoria, Mr. Andrews brings an unparalleled engineering expertise in the region to IEI. His portfolio includes projects that span the planning, design, and construction of large-scale highway, water management, and sewer systems. He has served as a Resident Engineer and has acted as a liaison between municipalities, design engineers, and general contractors to provide value engineering and efficient resolution of construction issues.
"We are very excited to have a person with Ed's experience and strong local ties lead our Peoria office. He will help IEI strengthen our existing relationships and establish new ones allowing us to have a greater positive impact on the communities where we work and live," added Ken Smorynski, Vice President of IEI in Illinois.
Mr. Andrews is known for his collaborative approach, which he applies when overseeing the intricacies of project-specific zoning and permitting, where he excels at creating the best possible outcomes for both the project owner and the involved communities.
"IEI is committed to serving our partners and growing our capabilities in Central Illinois. Ed's extensive industry experience is an asset to IEI and our clients as we work towards the future. Under Ed's leadership, we are confident that our Peoria office will make significant contributions to the local infrastructure in ways that positively impact the surrounding communities," commented Kashif Khan, PE, President of IEI.
Mr. Andrews received his Master of Science in Civil Engineering from Bradley University in Peoria, Illinois, and his Bachelor of Science in Civil Engineering from the University of Missouri in Rolla, Missouri.
About Infrastructure Engineering, Inc.:
Infrastructure Engineering, Inc. (IEI) is a multi-disciplinary consulting firm that focuses on the delivery of design engineering, program management, and construction engineering and inspection services. IEI cultivates various types of engineering projects from conception and planning through implementation. The firm's goal is to create sustainable infrastructure necessary to build and connect communities, improve quality of life, and encourage economic development. IEI is a DBE/MBE certified firm. Visit IEI's website at www.infrastructure-eng.com for more information.
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SOURCE Infrastructure Engineering Inc. | https://www.kxii.com/prnewswire/2022/09/13/infrastructure-engineering-inc-welcomes-edward-andrews-peoria-office-operations-leader/ | 2022-09-13T20:15:27Z |
WASHINGTON (AP) — The Biden administration moved Thursday to choke off U.S. exports to three Russian airlines as part of what officials described as an unprecedented enforcement action.
The Commerce Department said the move would prevent the airlines — Russian national flag carrier Aeroflot, Utair and Azur Air — from receiving items from the U.S., including parts to service their aircraft.
“Those restrictions are significant because it’s obviously difficult to keep flying if you can’t service your planes,” Matthew Axelrod, an assistant Commerce secretary for export enforcement, told reporters.
The effect, he said, is that the sanctioned airlines “and their fleet of aircraft will, over time, largely be unable to continue flying, either internationally or domestically, as they are now cut off from the international support and the U.S. parts and related services they need to maintain and support their fleets.”
The actions, known as temporary denial orders, do allow the Commerce Department to grant exceptions when the safety of a flight would be at risk. The orders extend for 180 days, though they can be renewed.
The three airlines that were singled out had already violated U.S. government restrictions, and the actions were taken to prevent expected violations in the future, officials said.
The private sector has also taken its own action against Russian airlines in response to the war against Ukraine, withDelta Air Lines in February suspending its codesharing partnership with Russian national airline Aeroflot.
In addition to companies in the aviation and heavy industries sectors halting business with Russia, major semiconductor and software companies have also announced that they’ve stopped shipments, said Deputy Commerce Secretary Don Graves.
“The totality of these actions and their ultimate impacts demonstrate the resolve of democratic nations in the face of tyranny, the support for the rule of law and our solidarity with the people of Ukraine,” Graves said.
____
Follow Eric Tucker on Twitter at http://www.twitter.com/etuckerAP | https://cw33.com/business/ap-business/us-moves-to-choke-off-exports-to-3-russian-airlines/ | 2022-04-07T23:50:22Z |
Across the US, local transit authorities are deciding whether they will continue requiring passengers to mask up after a federal judge struck down the public transportation mask mandate aimed at mitigating Covid-19 risk.
Their decisions are mixed, as some transit officials say they will let riders choose whether to mask, while others say they will keep their masking policies in place.
The mandate, enacted in February 2021 by the US Centers for Disease Control and Prevention, required people on public transit and at transportation hubs like airports to wear masks regardless of their vaccination status.
But following the Florida judge's decision on Monday, the order is no longer in effect while the ruling is being reviewed, a Biden administration official said.
From New York to Atlanta to San Francisco and Seattle, here's how some city transit systems are handling their mask requirements:
Atlanta
The Metropolitan Atlanta Rapid Transit Authority, or MARTA, will stop enforcing its mask mandate, a spokesperson told CNN.
"If customers and employees want to continue wearing masks while on the transit system, they are free to ... but masks are not required at this time," MARTA spokesperson Stephany Fisher said.
Austin, Texas
Riders of the Capital Metropolitan Transportation Authority, or CapMetro, are no longer required to wear masks, spokesperson Tawaun Cole told CNN, adding the CDC "is still encouraging customers to mask up to protect themselves while using public transportation."
Chicago
Masks are not required on Chicago Transit Authority trains and buses after Illinois Gov. Gov. JB Pritzker announced Tuesday the statewide mask mandate for public transportation is ending. Riders who wish to wear a mask are "encouraged to do so," CTA said in a Tweet.
On Metra, "masks will be welcome but not required," the rail service said on Twitter.
New Jersey
Statewide New Jersey Transit won't require masks anymore on its buses and trains, it said Tuesday morning, reversing its initial decision to continue to require them.
"The federal (Transportation Security Administration) announced it will no longer enforce a mask mandate in public transportation settings. Masks will no longer be required on NJ TRANSIT and by South Jersey Transportation Authority," the agency said.
New Orleans
New Orleans Regional Transit Authority (RTA) operators "will no longer enforce its mask mandate on buses, streetcars, ferries, paratransit vehicles, and at RTA facilities," the RTA said in a statement Tuesday.
It still recommends people wear masks in indoor transportation settings, the statement said.
New York
The Metropolitan Transportation Agency, or MTA, will keep its mask requirement in place in accordance with the determination made in March by the New York State Department of Health, the agency said in a statement.
Orlando and Central Florida
Masks are now optional for riders on Lynx buses in and around Orlando and at its facilities, a spokesman told CNN Tuesday.
Philadelphia
Masks are "recommended but no longer required" on Southeastern Pennsylvania Transportation Authority, or SEPTA, vehicles and at stations and concourses, the agency tweeted Monday night.
Portland, Oregon
Passengers of TriMet must still wear masks for now, the agency tweeted Monday afternoon, pointing to the TSA directive extending mask public transit mask requirements through May 3. The TSA announced Monday night it would not enforce the directive in light of the court decision.
Seattle
The King County Metro Transit Department is keeping its mask mandate in place, the transit agency said Monday in a release.
"While a federal judge in Florida ruled against the transit mask mandate, there may be an appeal from the Justice Department that could lead to a delay in implementation, or for the decision to be altered or overruled," the release said. "In the meantime, Metro's mask mandate remains in effect."
Washington, DC
Riders and employees of the Washington Metropolitan Area Transit Authority, dubbed Metro, will no longer be required to mask up, the agency said in a statement. This includes its Metrorail, Metrobus and MetroAccess services.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/these-are-some-of-the-us-cities-keeping-and-dropping-their-public-transit-mask-mandates/article_235a0088-80b9-5f64-86ce-018f00d7e11e.html | 2022-04-20T00:15:14Z |
DELRAY BEACH, Fla., May 19, 2022 /PRNewswire/ -- UpHealth, Inc. (NYSE: UPH) has reached over 1.5 million minutes of translation through its interpretation service, Martti™, at one of New Jersey's top comprehensive healthcare systems. Martti™ by UpHealth partnered with the healthcare system in October 2021 to provide remote language interpretation services to patients and their companions. Since then, the integration of the Martti™ system has allowed the health system to help over 118,000 patients through the over 1.5 million minutes of translation.
Martti™ is an interpretation service that includes language access and is also interoperable with electronic health records (EHR) and other telehealth platforms to put patients and care teams in touch 24/7 with certified and qualified medical interpreters trained in more than 250 languages, including American Sign Language.
"The UpHealth partnership with one of New Jersey's top comprehensive healthcare systems brings our best-in-class language access via Martti™ to support equitable access and inclusive care for underserved and diverse populations," said Andy Panos, Executive Vice President of U.S. Telehealth at UpHealth. "It's essential that patients and healthcare providers communicate accurately and clearly with each other from start to finish and Martti™ Interpretation helps do just that. We are thrilled to be impacting more effective, safe, reliable care for millions, and encouraging better health outcomes for all patients and their companions, not just those who are English proficient or those who aren't hearing impaired."
Nearly 1,200 Martti™ devices have been deployed across the health system to enable over 1.5 million minutes of interpreting service to date. These devices support more than 35,000 employees and have enhanced more than 118,000 patient encounters since October 2021. The Martti™ system has also been fully integrated into the hospital issued Vocera devices.
The partnered health care system provides care to 5 million people across 9 counties in the state of New Jersey and is deeply focused on addressing issues such as health disparities, access and implicit bias in the clinical setting to ensure high-quality and reliable health care for all of its patients and their companions.
Overall Martti™ interpretation satisfaction among providers sits at 4.8 out of 5 stars. For more information about Martti™, please visit https://uphealthinc.com/martti.
About UpHealth
UpHealth is a global digital health company that delivers digital-first technology, infrastructure, and services to dramatically improve how healthcare is delivered and managed. UpHealth's solutions holistically enable clients to deliver on their affordability, access, quality, outcomes, and patient experience goals. UpHealth's technology platform helps its clients improve access, coordinate care teams, and achieve better patient outcomes at lower cost, with care management solutions, analytics, and telehealth tools that serve patients wherever they are, in their native language. Additionally, UpHealth's technology-enabled virtual care infrastructure and services improves access to quality primary and acute care, behavioral health, and pharmacy services. UpHealth's clients include health plans, global governments, healthcare providers and community-based organizations.
For more information, please visit https://uphealthinc.com and follow us at @UpHealthInc on Twitter and UpHealth Inc on LinkedIn.
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SOURCE UpHealth, Inc. | https://www.kxii.com/prnewswire/2022/05/19/uphealth-interpretation-service-martti-reaches-over-15-million-minutes-with-top-comprehensive-healthcare-system-new-jersey/ | 2022-05-19T14:14:36Z |
- Total Paid Subscribers Grew from 831,000 to 838,000 Sequentially
- Zoosk Grew New Subscribers 17% Year Over Year and 7% Sequentially
- Zoosk Grew Organic Traffic 19% Year Over Year
- Strategic Alternatives Review In Progress
BERLIN, Aug. 9, 2022 /PRNewswire/ -- Spark Networks SE (NASDAQ: LOV), a leading social dating platform for meaningful relationships, today reported financial results for its 2022 second quarter ended June 30, 2022.
Eric Eichmann, CEO of Spark Networks, commented, "We saw new subscriber growth of 17% year over and a 19% increase in organic traffic year over year for our largest brand Zoosk in the second quarter, as we began scaling our user acquisition spend, supporting Zoosk's trajectory back to revenue growth. We continue to make good progress on improving the Zoosk user experience, which we believe will drive increased adoption and renewals. As the fourth largest online subscription-based dating company across North America and Europe by revenue, we remain focused on successfully executing the well-developed roadmap of strategies and investments we have in place to drive revenue growth and ultimately shareholder value."
Second Quarter 2022 Financial Results
- Revenue was $48.0 million, compared to $55.3 million in the second quarter of 2021. On a constant currency basis (1), revenue would have been $50.3 million in the second quarter of 2022.
- Net loss was $8.8 million, compared to $49.0 million in the second quarter of 2021.
- Adjusted EBITDA loss(2) was $1.7 million, compared to Adjusted EBITDA of $8.6 million in the second quarter of 2021.
Please see the table captioned "Reconciliation of Net loss to Adjusted EBITDA" included at the end of this release for a reconciliation of Adjusted EBITDA, which is a non-U.S. GAAP measure, to U.S. GAAP.
Business Highlights
- Total Paid Subscribers: Total paid subscribers grew from 831,000 to 838,000 sequentially in the second quarter. Zoosk end of period subscribers grew 4% year over year and 5% sequentially in the second quarter.
- Zoosk Delivered Improving Growth Metrics: Zoosk new subscribers grew 17% year over year and 7% sequentially in the second quarter. Zoosk organic traffic grew 19% year over year.
- Product and Marketing Improvements: Spark successfully expanded TV and radio ads during the quarter and is adding other channels, including TikTok. Spark plans to roll out new mobile apps by year-end.
- Strategic Review: A robust and active strategic alternatives review process has been underway since June 2022.
Financial Outlook
"As we look to the rest of the year, due to a number of factors, the largest of which is the appreciation of the U.S. dollar, we are revising down our guidance for our full-year 2022 revenue," said David Clark, Chief Financial Officer of Spark Networks. "We now expect total revenue for the year to be down low to mid-single digits on a percentage basis as compared to 2021. On a constant currency basis, we expect full-year 2022 revenue to be consistent with full-year 2021 revenue. On the profitability side, although we expect full-year Adjusted EBITDA to be lower than previously anticipated, we expect to deliver low double-digit Adjusted EBITDA margins for the full year. It is important to note that in periods of subscriber growth, revenue and Adjusted EBITDA tend to lag as we recognize revenue over the entire subscription length, while 100% of the user acquisition cost is recognized ahead of this growth in the quarter that it is incurred."
Investor Conference Call
Spark Networks management will host a conference call and live webcast for analysts and investors today at 8:30 a.m. Eastern Time (5:30 a.m. Pacific Time) to discuss the Company's financial results.
To access the live call, dial 1-800-225-9448 (US and Canada) or +1 203-518-9708 (International) and ask to join the Spark Networks' call.
A live and archived webcast of the conference call will be accessible on the Investor Relations section of the Company's website at https://investor.spark.net/investor-relations/home. In addition, a phone replay will be available approximately two hours following the end of the call and will remain available for one week. To access the call replay, dial 1-877-481-4010 (US) or +1 919-882-2331 (International) and enter the replay passcode: 46271.
About Spark Networks SE
Spark Networks SE (NASDAQ: LOV) is a leading social dating platform for meaningful relationships focusing on the 40+ demographic and faith-based affiliations. Spark's widening portfolio of premium and freemium dating apps include Zoosk, EliteSingles, SilverSingles, Christian Mingle, Jdate, and JSwipe, among others. Spark is headquartered in Berlin, Germany, with offices in New York and Utah.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, statements involving known and unknown risks, uncertainties, and other factors that may cause Spark Networks' performance or achievements to be materially different from those of any expected future results, performance, or achievements. These statements include, without limitation, statements regarding leading indicators revenue growth; our focus on successfully executing the well-developed roadmap of strategies and investments we have in place to drive revenue growth and ultimately shareholder value in 2022 and beyond; our expectations with respect to financial outlook for full year 2022 including with respect to revenue and Adjusted EBITDA; Zoosk's trajectory back to revenue growth; the scaling of our user acquisition spend; improvements to the Zoosk user experience; increased adoption and renewals for Zoosk; our plans to roll out new mobile apps by year end; the expansion of our marketing channels; and the impact of the appreciation of the U.S. dollar on our business.
Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Written words, such as "believes," "hopes," "intends," "estimates," "expects," "projects," "plans," "anticipates," "guides," and variations thereof, or the use of future tense, identify forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially, including, but not limited to, the risk that the benefits from the acquisition of Zoosk, Inc. may not be fully realized or may take longer to realize than expected; risks related to the degree of competition in the markets in which Spark Networks operates; risks related to the ability of Spark Networks to retain and hire key personnel, operating results and business generally; the timing and market acceptance of new products introduced by Spark Networks' competitors; Spark Networks' ability to identify potential acquisitions; Spark Networks' ability to comply with new and evolving regulations relating to data protection and data privacy; general competition and price measures in the market place; risks related to the duration and severity of COVID-19 and its impact on Spark Networks' business; and general economic conditions. Additional factors that could cause actual results to differ are discussed under the heading "Risk Factors" in Spark Networks' most recent Annual Report on Form 10-K and in other sections of Spark Networks' filings with the Securities and Exchange Commission ("SEC"), and in Spark Networks' other current and periodic reports filed or furnished from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statement except as required by law.
For More Information
Investor contact:
MKR Investor Relations, Inc.
Todd Kehrli
lov@mkr-group.com
Non-GAAP Financial Measures
To supplement our consolidated financial statements, which are prepared and presented in accordance with GAAP, we use the following non-GAAP financial measures: constant currency revenue and Adjusted EBITDA. These measures are derived on the basis of methodologies other than in accordance with U.S. GAAP.
1 We provide a constant currency revenue amount to present a period-to-period comparison of business performance that excludes the impact of foreign currency fluctuations. We define non-GAAP constant currency revenue as total revenue excluding the effect of foreign exchange rate movements. Non-GAAP constant currency revenue are calculated by translating current quarter revenues using prior period exchange rates.
2 Adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA"), a non-U.S. GAAP financial measure, is one of the primary metrics by which we evaluate the performance of our business, budget, forecast and compensate management. We believe this measure provides management and investors with a consistent view, period to period, of the core earnings generated from the ongoing operations and allows for greater transparency with respect to key metrics used by senior leadership in its financial and operational decision-making. We define Adjusted EBITDA as net earnings (loss) excluding interest expense, (gain) loss on foreign currency transactions, income tax (benefit) expense, depreciation and amortization, asset impairments, stock-based compensation expense, acquisition related costs and other costs. Adjusted EBITDA has inherent limitations in evaluating the performance of the Company,and you should not consider these measures in isolation or as a substitute for analyzing the Company's results as reported under U.S. GAAP. Some of these limitations include:
- Adjusted EBITDA does not reflect the cash capital expenditures during the measurement period;
- Adjusted EBITDA does not reflect any changes in working capital requirements during the measurement period;
- Adjusted EBITDA does not reflect the cash tax payments during the measurement period; and
- Adjusted EBITDA may be calculated differently by other companies in our industry, thus limiting its value as a comparative measure.
Because of these limitations, Adjusted EBITDA should be considered in addition to other financial performance measures, including net income (loss) and our other U.S. GAAP results. A reconciliation of the Adjusted EBITDA for the three and six months ended June 30, 2022 and 2021 can be found in the table below captioned "Reconciliation of Net loss to Adjusted EBITDA."
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SOURCE Spark Networks SE | https://www.kxii.com/prnewswire/2022/08/09/spark-networks-reports-second-quarter-2022-results-continued-subscriber-growth-zoosk/ | 2022-08-09T13:04:57Z |
NEW YORK, May 17, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Netflix, Inc. (NASDAQ: NFLX) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Netflix common stock or call options, or sold put options, between October 19, 2021 and April 19, 2022, inclusive.
Lead Plaintiff Deadline: July 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in NFLX:
https://www.kleinstocklaw.com/pslra-1/netflix-inc-loss-submission-form-2?id=27282&from=4
Netflix, Inc. NEWS - NFLX NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Netflix, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) Netflix was exhibiting slower acquisition growth due to, among other things, account sharing by customers and increased competition from other streaming services; (2) the Company was experiencing difficulties retaining customers; (3) as a result of the foregoing, the Company was losing subscribers on a net basis (4) as a result, the Company's financial results were being adversely affected; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Netflix, Inc. you have until July 5, 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 Netflix, Inc. 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 NFLX lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/netflix-inc-loss-submission-form-2?id=27282&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.
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
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/05/17/nflx-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-5-2022-class-action-filed-behalf-netflix-inc-shareholders/ | 2022-05-17T10:38:22Z |
Slowly drying up tonight before rain and snow returns Monday night
TONIGHT: We currently have some rain showers and thunderstorms moving through the region that will slowly moving east as the night moves on. In the evening hours, we should see a mix of rain and snow showers lining up western WY and SE Idaho before the showers should disappear overnight. Winds will be mostly calm throughout the night. Low temperatures will get down to the 30's for the early morning.
TOMORROW: Partly cloudy skies with sunshine will be present for much of the day. In the evening hours tomorrow, we will see more valley rain and mountain snow showers present for most of the region that will carry into Monday overnight. Winds will look to be slight breezes between 10-20 mph before possibly getting up to 30 mph for the late evening and overnight hours. High temperatures will get into the 50's and 60's.
LONG TERM: Some of the valley rain may turn into snow early in the morning on Tuesday. Rain and snow showers continue for much of the day then on Tuesday before drying up for Wednesday. Next batch of rain and snow looks to come back next weekend for Mother's Day weekend. Winds will be getting breezy again for Friday and Saturday. High temperatures decrease down to the 40's for Tuesday before warming up into the 60's and 70's for Thursday and Friday. High's then slightly decrease back to the 50's for next weekend. | https://localnews8.com/weather/local-forecast/2022/05/01/slowly-drying-up-tonight-before-rain-and-snow-returns-monday-night/ | 2022-05-02T02:24:40Z |
New indices include EU Paris-Aligned Benchmarks, as well as broad equity, corporate and sovereign fixed income offerings
NEW YORK, June 1, 2022 /PRNewswire/ -- Bloomberg today announced the launch of new indices within the Bloomberg Climate Index Family, expanding the firm's fixed-income and equity index offerings.
Newly launched indices in the family include those labelled as EU Paris-Aligned Benchmarks (PAB), which deliver investors the tools and insight they need to measure and align their investment strategy with the Paris Climate Agreement's decarbonization targets. The Climate Family also includes indices providing comprehensive exposure to broad equity, as well as corporate and sovereign fixed income universes, that incorporate various climate and low-carbon themes, including a new Government Climate Risk score developed by Bloomberg Sustainable Finance Solutions.
"Investor demand for tools that help them build trustworthy ESG investment products and lower their carbon footprint has never been higher and Bloomberg's new Climate Index Family provides industry-standard climate benchmarks investors can use with confidence," said Chris Hackel, Head of ESG Indices, Bloomberg. "To be at the forefront of the net zero transition, investors can also rely on Bloomberg's Paris-Aligned Indices, built using Bloomberg emissions data. We will continue to build upon this family to support customer demand of solutions backed by Bloomberg's sustainable finance expertise and look forward to working with investors to leverage our ESG data sets to create additional custom climate strategies to meet their specific needs."
Bloomberg's PAB offering is underpinned by the Company's comprehensive greenhouse gas (GHG) emissions data on over 50,000 companies, which includes company-reported data and estimates for companies that do not report their emissions. Bloomberg's GHG emissions estimate model provides a distribution of estimates and confidence score showing the quality and availability of data for each estimate. This approach allows for the use of more conservative estimates, which follows the United Nation's precautionary principle to ensure corporate GHG data is not underestimated to incentivize companies to report their GHG emissions.
As with all Bloomberg Indices, the Bloomberg Climate Index Family is available for benchmarking, asset allocation and product creation purposes. The indices can be further customized to meet specific individual investor needs with respect to liquidity requirements, decarbonization trajectory, additional ESG exclusions, portfolio construction and the inclusion of additional ESG data sets.
The equity indices launched include:
- PAB Canada Large-Mid NR Index (CAD), ticker: CAPABNL Index
- PAB Canada Large-Mid NR Index (EUR), ticker: CAPABNE Index
- US Large-Mid NR Index, ticker: USPABN Index
- Japan Large-Mid NR Index, ticker: JPPABN Index
- Eurozone Developed Large-Mid NR Index, ticker: EURPABN Index
- Europe ex Eurozone Developed Large-Mid NR Index, ticker: EUXPABN Index
- APAC ex Japan Developed Large-Mid NR Index, ticker: APXPABN Index
The fixed income indices launched include:
- Bloomberg US Corporate Paris-Aligned Index, ticker: I37119US
- Bloomberg Euro Corporate Paris-Aligned Index, ticker: I37117EU
- Bloomberg Global Corporate Paris-Aligned Index, ticker: I37120US
- Bloomberg Global Treasury Carbon-Scored Index, ticker: I37033US
- Bloomberg Pan-Euro Treasury Carbon-Scored Bond Index, ticker: I37034EU
- Bloomberg Euro Treasury Carbon-Scored Bond Index, ticker: I37035EU
- Bloomberg EM Local Currency Government Universal Carbon-Scored Bond Index, ticker: I37036US
- Bloomberg EM Local Currency Government Carbon-Scored Bond Index, ticker: I37037US
- Bloomberg Global Treasury Universal Carbon-Scored Bond Index, ticker: I37038US
- Bloomberg Global Inflation-Linked Carbon-Scored Bond Index, ticker: I37039US
- Bloomberg Pan-Euro Inflation-Linked Carbon-Scored Bond Index, ticker: I37040EU
- Bloomberg Euro Inflation-Linked Carbon-Scored Bond Index, ticker: I37041EU
Bloomberg clients can access the available indices on the Bloomberg Terminal and all research and methodology for the indices is available at Bloombergindices.com.
Bloomberg provides an independent, transparent approach to indexing for customers across the globe. To learn more about Bloomberg's Sustainable Finance Solutions, visit Bloomberg ESG.
Bloomberg's index team has a proven track record in creating industry leading and bespoke indices across asset classes, including best in class fixed income and commodity indices. Bloomberg Index Services Limited (BISL) takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving needs. As an integral part of Bloomberg, BISL has access to a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers' products.
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.
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SOURCE Bloomberg | https://www.wibw.com/prnewswire/2022/06/01/bloomberg-launches-new-indices-climate-index-family/ | 2022-06-01T12:45:49Z |
Animal welfare groups urge Gov. Hochul to sign bill to shut down the puppy mill pipeline
NEW YORK, June 3, 2022 /PRNewswire/ -- Today, animal welfare groups commended the New York State Legislature for passing the Puppy Mill Pipeline Bill, groundbreaking legislation that will end the retail sale of dogs, cats and rabbits in pet stores across the state. Championed by Assemblymember Linda B. Rosenthal (D/WF-Manhattan) and Senate Deputy Majority Leader Michael Gianaris (D-Queens), this bill now heads to Gov. Kathy Hochul. If signed into law, it would stop the flow of cruelly bred puppies into New York.
The Puppy Mill Pipeline Bill is supported by leading animal welfare groups including the ASPCA® (The American Society for the Prevention of Cruelty to Animals®), the Humane Society of the United States (HSUS), New York State Animal Protection Federation (NYSAPF), Voters For Animal Rights (VFAR), Companion Animal Protection Society (CAPS), Animal Legal Defense Fund (ALDF), and the NYC Bar Association's Animal Law Committee and millions of New York animal lovers who support ending the sale of puppies in pet stores.
Right now, out-of-state puppy mills ship their puppies to New York pet stores, where they are marketed as healthy puppies from responsible breeders, which is far from the truth. Puppies sold in pet stores come from commercial breeding operations that are designed to prioritize profit over the well-being of the animals. Breeding dogs in these facilities are often kept in crowded cages their entire lives without adequate shelter, veterinary care, food or socialization. They are not pets; their only value is to produce puppies who are shipped and sold to pet stores. These puppies can suffer severe health and behavioral issues – and families are often unprepared for the financial loss and heartbreak that come with buying a sick puppy.
This cruel and broken system is made possible because it's still legal to sell dogs in New York pet stores, leaving New York to become one of the puppy mill industry's largest markets. When the Puppy Mill Pipeline Bill is signed into law, New York will shut down this pipeline and deny cruel mills access to New York's communities.
"Puppy mills breed cruelty. Banning the sale of dogs, cats and rabbits in New York pet stores will deal the puppy mill-to-pet store pipeline a near-mortal blow," said Assemblymember Linda B. Rosenthal (D/WF-Manhattan). "The cute puppies, kittens and bunnies in pet store windows mask a sad reality: these animals are products of horrific neglect in puppy mills. Puppy, kitty and bunny mills use and abuse animals to churn out pets for sale, which are often riddled with congenital diseases, that cost unsuspecting consumers hundreds or thousands of dollars in veterinary bills and incalculable emotional stress. Over the years we have tried to regulate pet stores, but the industry continues to prioritize profits over the welfare of animals. My legislation will finally shut down the pet store-to-puppy mill pipeline once and for all."
"With so many good animals in need of rescue, there is no need for abusive puppy mills to supply pet stores. Our four-legged companions should be treated with respect, not like commodities," said Senate Deputy Leader Michael Gianaris. "I am proud to have authored this important bill and thrilled to see it pass the Legislature. And now I am hopeful Governor Hochul will sign it into law. Thanks to Assembly Member Rosenthal for her partnership and all the advocates who made this possible."
"My dog Sami was rescued from a puppy mill, where she spent two years living in a box, in the dark, without a name and she was forced to have puppies who were sold to pet stores," said actress and animal advocate Edie Falco. "I'm grateful that New York lawmakers have taken action to protect other dogs from the horrific conditions Sami endured just to keep the cruel breeding industry in business, and I urge Governor Hochul to quickly sign this critical bill into law to finally end our state's participation in the cruel puppy mill to pet store pipeline."
"Once signed into law, the Puppy Mill Pipeline bill will finally end the sale of cruelly bred puppy mill dogs in pet shops across New York state, which has one of the country's highest concentrations of pet stores that sell puppies," said Matt Bershadker, ASPCA President and CEO. "Shutting down the puppy mill pipeline will help stop retail sellers and commercial breeders from engaging in—and profiting from—unconscionable brutality. We're grateful to Assemblymember Rosenthal and Senator Gianaris for championing the passage of the Puppy Mill Pipeline Bill and urge Governor Hochul to sign it to signal New York's determination to reject animal cruelty statewide."
"Today's vote makes it clear that New Yorkers flatly reject cruel puppy mills and their pet store sales outlets," said Brian Shapiro, New York state director for the Humane Society of the United States. We applaud Assemblymember Linda B. Rosenthal and Senate Deputy Majority Leader Michael Gianaris for their steadfast commitment to bringing this historic bill over the finish line and respectfully urge Governor Kathy Hochul to take similar action by swiftly signing this legislation into law."
"We recently rescued a female 6-year-old Golden Retriever from an Amish Puppy Mill in Ohio. The options from the owner were—someone come and get her, or I'll take her out back and shoot her. Needless to say, she was rescued. We named her Sophie. She only weighs 40 lbs—she was bred every six months and never given the chance to grow. When she came to us, Sophie hid in a corner for three days. She's been with us just shy of 7 months and she still suffers from Puppy Mill PTSD," said Libby Post, executive director of the New York State Animal Protection Federation. "We all focus on the puppies. We also need to focus on the lives these breeding dogs live in a cage, bred over and over until they're spent. Shutting down the Puppy Mill Pipeline means New York will no longer be complicit in animal abuse."
"We're beyond grateful that the New York legislature has passed a groundbreaking bill signaling to the abusive puppy mill industry that cruelty has no place in the Empire State, said Allie Taylor, President of Voters For Animal Rights. "This bipartisan legislation echoes the wishes of compassionate voters and sends a resounding message to commercial dog, cat and rabbit breeders that New York pet stores will no longer be an avenue for their cruelty. Thank you to Linda Rosenthal and Senator Michael Gianaris for championing this historic bill. We now call on Governor Hochul to quickly sign it into law."
"Banning the retail sale of puppies sends a clear message to puppy mills: New York does not support business models built on animal cruelty," says Animal Legal Defense Fund Executive Director Stephen Wells. "This law is an important step forward, combating commercial operations that put profits over the well-being and health of animals."
"New York has a long and proud tradition of protecting animals through its laws. This bill is no exception. It targets the cruel commercial breeding of dogs, cats, and rabbits; further, the bill promotes animal adoption, and protects consumers and the environment," said Robyn Hederman and Rebecca Seltzer, Co-Chairs, New York City Bar Association Animal Law Committee. "The New York City Bar Association's Animal Law Committee applauds the Assembly for moving the bill one step closer to becoming law."
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Founded in 1866, the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) was the first animal welfare organization to be established in North America and today serves as the nation's leading voice for vulnerable and victimized animals. As a 501(c)(3) not-for-profit corporation with more than two million supporters nationwide, the ASPCA is committed to preventing cruelty to dogs, cats, equines, and farm animals throughout the United States. The ASPCA assists animals in need through on-the-ground disaster and cruelty interventions, behavioral rehabilitation, animal placement, legal and legislative advocacy, and the advancement of the sheltering and veterinary community through research, training, and resources. For more information, visit www.ASPCA.org, and follow the ASPCA on Facebook, Twitter, and Instagram.
Founded in 1954, the Humane Society of the United States and its affiliates around the globe fight the big fights to end suffering for all animals. Together with millions of supporters, the HSUS takes on puppy mills, factory farms, trophy hunts, animal testing and other cruel industries, and together with its affiliates, rescues and provides direct care for over 100,000 animals every year. The HSUS works on reforming corporate policy, improving and enforcing laws and elevating public awareness on animal issues. More at humanesociety.org.
Subscribe to Kitty Block's blog, A Humane World. Follow the HSUS Media Relations department on Twitter. Read the award-winning All Animals magazine. Listen to the Humane Voices Podcast.
The New York State Animal Protection Federation is the voice of all the non-profit and municipal animal shelters, humane societies and SPCAs across the state. The Federation serves as an educational and policy-development resource and through a united voice, promotes favorable legislative initiatives. For more information, please visit www.nysapf.org and follow us on Facebook. You can also download our app on New York State's animal laws at http://www.nysapf.org/nys-animal-law-app.
Voters for Animal Rights' mission is to help elect candidates who support animal protection, lobby for strong laws to stop animal cruelty, and hold elected officials accountable to humane voters in New York State. Through the political process, we are building a coalition of advocates seeking to strike at the root cause of animal abuse and cruelty, which is a lack of fundamental rights and laws to protect them. Learn more at vfar.org and follow us on Instagram, Facebook and Twitter.
Founded in 1992, the Companion Animal Protection Society (CAPS) is the only national nonprofit dedicated exclusively to protecting companion animals from cruelty in pet shops and puppy/kitten mills. CAPS addresses animal suffering through investigations, outreach, legislation, legal advocacy, consumer assistance, and rescue.
Forty years of fighting for animals: The Animal Legal Defense Fund was founded in 1979 to protect the lives and advance the interests of animals through the legal system. To accomplish this mission, the Animal Legal Defense Fund files high-impact lawsuits to protect animals from harm; provides free legal assistance and training to prosecutors to assure that animal abusers are punished for their crimes; supports tough animal protection legislation and fights harmful legislation; and provides resources and opportunities to law students and professionals to advance the emerging field of animal law. For more information, please visit aldf.org.
The mission of the New York City Bar Association, which was founded in 1870 and has 24,000 members, is to equip and mobilize a diverse legal profession to practice with excellence, promote reform of the law, and uphold the rule of law and access to justice in support of a fair society and the public interest in our community, our nation, and throughout the world. www.nycbar.org
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SOURCE ASPCA | https://www.wibw.com/prnewswire/2022/06/04/new-york-lawmakers-pass-groundbreaking-bill-end-retail-sale-dogs-cats-rabbits-pet-stores/ | 2022-06-04T00:33:05Z |
ATLANTIC CITY, N.J. (AP) — Inflation may be soaring, supply chains remain snarled and the coronavirus just won’t go away, but America’s casinos are humming right along, recording the best month in their history in March.
The American Gaming Association, the gambling industry’s national trade group, said Wednesday that U.S. commercial casinos won more than $5.3 billion from gamblers in March, the best single-month total ever. The previous record month was July 2021 at $4.92 billion.
The casinos collectively also had their best first quarter ever, falling just short of the $14.35 billion they won from gamblers in the fourth quarter of last year, which was the highest three-month period in history.
Three states set quarterly revenue records to start this year: Arkansas ($147.4 million); Florida ($182 million), and New York ($996.6 million).
The numbers do not include tribal casinos, which report their income separately and are expected to report similarly positive results.
But while the national casino economy is doing well, there are pockets of sluggishness such as Atlantic City, where in-person casino revenue has not yet rebounded to pre-pandemic levels.
“Consumers continue to seek out gaming’s entertainment options in record numbers,” said Bill Miller, the association’s president and CEO. He said the strong performance to start 2022 came ”despite continued headwinds from supply chain constraints, labor shortages and the impact of soaring inflation.”
The trade group also released its annual State of the States report on Wednesday, examining gambling’s performance across the country.
As previously reported, nationwide casino revenue set an all-time high in 2021 at $53.03 billion, up 21% from the previous best year, 2019, before the coronavirus pandemic hit.
But the report includes new details, including that commercial casinos paid a record $11.69 billion in direct gambling tax revenue to state and local governments in 2021. That’s an increase of 75% from 2020 and 15 percent from 2019. This does not include the billions more paid in income, sales and other taxes, the association said.
It also ranked the largest casino markets in the U.S. in terms of revenue for 2021:
The Las Vegas Strip is first at $7.05 billion, followed by: Atlantic City ($2.57 billion); the Chicago area ($2.01 billion); Baltimore-Washington D.C. ($2 billion); the Gulf Coast ($1.61 billion); New York City ($1.46 billion); Philadelphia ($1.40 billion); Detroit ($1.29 billion); St. Louis ($1.03 billion); and the Boulder Strip in Nevada ($967 million).
The association divides Pennsylvania’s casinos into three separate markets: Philadelphia, the Poconos and Pittsburgh. Their combined revenue of nearly $2.88 billion would make them the second largest market in the country if judged as a single entity. It also counts downtown Las Vegas, and its $731 million in revenue, as a separate market.
Seven additional states legalized sports betting and two more added internet gambling in 2021.
The group reported many states saw gamblers spending more in casinos while visiting them in lower numbers compared to pre-pandemic 2019.
The average age of a casino patron last year was 43 1/2, compared to 49 1/2 in 2019.
Americans bet $57.7 billion on sports last year, more than twice the amount from 2020. That generated $4.33 billion in revenue, an increase of nearly 180% over 2020.
Internet gambling revenue reached $3.71 billion last year, and three states — New Jersey, Pennsylvania and Michigan — each won more than $1 billion online. West Virginia’s internet gambling market reached $60.9 million in revenue in its first full year of operation, while Connecticut’s two internet casinos reported combined revenue of $47.6 million after launching in October.
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Follow Wayne Parry on Twitter at twitter.com/WayneParryAC | https://cw33.com/business/ap-business/us-casinos-had-best-month-ever-in-march-winning-5-3b/ | 2022-05-11T21:18:36Z |
UK: Russia likely to step up Ukraine civilian target attacks
KYIV, Ukraine (AP) — Prosecutors in an area of Ukraine where Russian forces recently retreated in the face of a Ukrainian counteroffensive are accusing Russia of torturing civilians in one village that was recently freed.
In an online statement, prosecutors in the Kharkiv region said they found a basement where Russian forces allegedly tortured prisoners in the village of Kozacha Lopan, near the border with Russia.
In images they released, they showed a Russian military TA-57 telephone with additional wires and alligator clips attached to it. Ukrainian officials have accused Russian forces of using the Soviet-era radio telephones as a power source to electrocute prisoners during interrogation.
Russian shelling hit cities and towns across a wide stretch of Ukraine during the night, officials said Sunday, while the British defense ministry warned that Russia is likely to increase its attacks on civilian targets as it suffers battlefield defeats.
“In the last seven days, Russia has increased its targeting of civilian infrastructure even where it probably perceives no immediate military effect,” the ministry said in an online briefing. “As it faces setbacks on the front lines, Russia has likely extended the locations it is prepared to strike in an attempt to directly undermine the morale of the Ukrainian people and government.”
Russian fire killed four medics attempting to evacuate a psychiatric hospital in the Kharkiv region on Saturday, said governor Oleh Syniehubov. Two patients were wounded in the attack in the village of Strelecha, he said.
Overnight shelling also hit a hospital in the city of Mykolaiv, a significant Black Sea port, regional governor Vitaliy Kim said. He said there was also shelling in other parts of the region, and two people were wounded.
Three people were wounded in nighttime shelling of the city of Nikopol, which is across the river from Europe’s largest nuclear power station, said regional governor Valentyn Reznichenko.
The six-reactor Zaporizhzhia Nuclear Power Plant was captured by Russian forces in March, but is operated by Ukrainian engineers. Its last reactor was switched off a week ago after repeated power failures because shelling put crucial safety systems at risk.
Near the city of Zaporizhzhia, Vatican Almoner Cardinal Konrad Krajewski and his convoy came under fire on Saturday, the Vatican news service reported, forcing them to seek cover while unloading supplies.
“For the first time in my life, I didn’t know where to run. Because it is not enough to run, you have to know where to go,” said the Polish-born cardinal, whose position makes charitable contributions in the name of the pope.
Five people have died over the past day in Russian attacks in the Donetsk region, one of two Ukrainian regions that Russia recognizes as sovereign states, governor Pavlo Kyrylenko said.
The separatist forces that control much of Donetsk on Sunday claimed that Ukrainian shelling of a prisoner-of-war colony in Olenivka killed one prisoner and injured four.
More than 50 POWs were reported killed in a July attack on the Olenivka prison that Russian and Ukrainian authorities blame on each other.
A Washington-based think tank, the Institute for the Study of War, said Russian forces in Donetsk continue to conduct “meaningless operations” on villages as opposed to reinforcing the front line.
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Follow AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/18/uk-russia-likely-step-up-ukraine-civilian-target-attacks/ | 2022-09-18T11:48:48Z |
OMAHA, Neb., June 29, 2022 /PRNewswire/ -- Kutak Rock is pleased to announce that John Petr, the current Vice Chair, and Hilary Jackler, the current Managing Partner of the Washington, D.C. and Richmond offices, have been selected to serve as Chair and Vice Chair, respectively, effective July 1, 2022. Petr succeeds Jay Selanders, who will complete his five-year term as Chair on June 30th.
"I am excited and honored to serve the firm in this role," remarked Petr. "For the past 35 years, I have been privileged to work alongside my Kutak Rock colleagues in the shared spirit of our founders—Bob Kutak and Harold Rock—who set out to create a distinctive institution focused on providing exceptional service and value for its clients and fostering a collaborative, entrepreneurial and inclusive culture for its people. In my new role, I am committed to honoring these traditions, executing the firm's strategic plan and helping our people navigate a post-pandemic economic and business landscape with our clients' best interests at the center of our service mission."
"Since joining Kutak Rock as a summer associate 17 years ago, I have been proud to be part of a firm so deeply committed to our values and surrounded by talented professionals always striving to provide the best client service experience," said Jackler. "I am honored to have the opportunity to serve our firm in this new capacity and look forward to collaborating with our members to continue expanding strategically upon our current success."
Petr added, "We are extremely appreciative of Jay's leadership during his tenure as Chair. He leaves the firm stronger than he found it. His steady, consensus-based management style allowed us to weather the challenges of the pandemic in a manner that both demonstrated our deep commitment to the well-being of our people and positioned us to meet, unabated, the high expectations of our clients. We hope to serve the firm as effectively as he did."
John Petr practices in the Public Finance Department of the Omaha office. He has represented issuers, credit enhancers, lenders and underwriters in connection with taxable and tax-exempt financings in the housing, military housing, higher education, electric energy and project finance sectors. Petr earned his J.D. from the University of California at Berkeley School of Law and his B.A., summa cum laude, from Washington University in St. Louis, Missouri. He is admitted to practice law in Nebraska.
Hilary Jackler practices in the Corporate and Government Services Department in the Washington, D.C. office. Her practice focuses on representing governmental entities to implement public-private partnerships, develop real estate, and establish programs and policies. Jackler earned her J.D., magna cum laude, from the University of Maryland School of Law and her B.A., cum laude, from the University of Maryland. She is admitted to practice law in Washington, D.C. and Maryland.
With a footprint spanning 19 offices in 14 states and the District of Columbia, Kutak Rock's 550+ attorneys work seamlessly to provide clients excellent, responsive legal services. The firm's multidisciplinary practice comprises more than 25 areas of focus and dozens of discrete specialties. For more information, see www.KutakRock.com.
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SOURCE Kutak Rock LLP | https://www.wibw.com/prnewswire/2022/06/29/kutak-rock-announces-john-petr-hilary-jackler-new-firm-chair-vice-chair/ | 2022-06-29T13:37:26Z |
WASHINGTON (AP) — The Supreme Court’s nine justices met in private Thursday for the first time since the leak of a draft opinion that would overrule Roe v. Wade and sharply curtail abortion rights in roughly half the states.
The court offered no word on what was discussed in the gathering in the justices’ private, wood-paneled conference room, other than to indicate at least one decision will be announced Monday.
By custom, no one aside from the justices attended and the most junior among them, Justice Amy Coney Barrett, was responsible for taking notes.
The abortion case is among 37 unresolved cases that were argued in the fall, winter and spring. The justices typically issue all their decisions by early summer.
Thursday’s conference came at an especially fraught moment, with the future of abortion rights at stake and an investigation underway to try to find the source of the leak.
Chief Justice John Roberts last week confirmed the authenticity of the opinion, revealed by Politico, in ordering the court’s marshal to undertake an investigation.
Roberts stressed that the draft, written by Justice Samuel Alito and circulated in February, may not be the court’s final word. Supreme Court decisions are not final until they are formally issued and the outcomes in some cases changed between the justices’ initial votes shortly after arguments and the official announcement of the decisions.
That’s true of a major abortion ruling from 1992 that now is threatened, Planned Parenthood v. Casey, when Justice Anthony Kennedy initially indicated he would be part of a majority to reverse Roe but later was among five justices who affirmed the basic right of a woman to choose abortion that the court first laid out in roe in 1973.
Kennedy met privately with Justices Sandra Day O’Connor and David Souter to craft a joint opinion, with no hint to the public or even to other justices about what was going on.
“I think it’s tradition and decorum that everyone corresponds in writing about things that are in circulation,” said Megan Wold, a former law clerk to Alito. “But at the same time, there’s nothing to prevent a justice from picking up the phone to call, from visiting someone else in chambers.”
A major shift in the current abortion case seems less likely, at least partly because of the leak, abortion law experts and people on both sides of the issue said.
“I think the broad contours are very unlikely to change. To the extent the leak matters, it will make broad changes unlikely,” said Mary Ziegler, a scholar of the history of abortion at the Florida State University law school.
Sherif Gergis, a University of Notre Dame law professor who once was a law clerk for Alito, agreed. “I’ll be surprised if it changes very much,” Gergis said.
It’s not clear who leaked the opinion, or for what purpose. But Alito’s writing means that there were at least five votes in December to overrule Roe and Casey, just after the court heard arguments over a Mississippi law that would ban abortion after 15 weeks of pregnancy.
Based on their questions at arguments, Justice Clarence Thomas and former President Donald Trump’s three appointees, Justices Neil Gorsuch, Brett Kavanaugh and Barrett, seemed most likely to join Alito.
Roberts appeared the most inclined among the conservatives to avoid reaching a decision to overrule the landmark abortion rulings, but his questions suggested that he would at the very least vote to uphold the Mississippi law. Even that outcome would dramatically undermine abortion rights and invite states to adopt increasingly stricter limits.
If Roberts, who often prefers incremental steps in an effort to preserve the court’s legitimacy, wanted to prevent the court from overruling Roe and Casey, he’d need to pick up the vote of just one other colleague. That would be enough to deprive Alito of a majority.
The liberal justices, Stephen Breyer, Elena Kagan and Sonia Sotomayor, are expected to dissent from either outcome. But no dissent, separate opinion from Roberts, or even a revised draft majority opinion has been circulated among the justices, Politico reported.
Majority opinions often change in response to friendly suggestions and barbed criticisms. The justices consider the internal back-and-forth a crucial part of their work.
Justice Ruth Bader Ginsburg remarked that pointed criticism from her friend and ideological opposite, Justice Antonin Scalia, made her opinions better. Scalia died in 2016; Ginsburg, four years later.
The lack of any other opinions surprised some former law clerks to the justices, though Wold said it’s also true that bigger, harder cases traditionally take more time.
While there was no word whether the leak was discussed Thursday, several former clerks said they thought it would be.
“I would be shocked if it doesn’t come up,” Wold said ahead of the meeting, adding that, given what has happened, the court would probably take additional precautions with drafts circulating in the future, including limiting who has access to them.
Kent Greenfield, a Boston College law professor who spent a year as a clerk to Souter, also speculated in advance that the leak would be on the table Thursday. “Roberts is in a complete bind. He has to address it, but it doesn’t strike me that he has many options,” Greenfield said.
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This story has been corrected to show that Kent Greenfield is a professor at Boston College, not Boston University. | https://cw33.com/news/politics/ap-politics/justices-to-meet-for-1st-time-since-leak-of-draft-roe-ruling/ | 2022-05-12T21:18:20Z |
Embassy Social Acquires start-up app Link Agent
BIRMINGHAM, Ala., July 21, 2022 /PRNewswire/ -- Embassy Social, an app streamlining how social media creators land and manage brand partnerships, acquired NIL marketplace Link Agent on Thursday, June 28.
The acquisition comes on the heels of the NCAA's decision last summer to officially allow student athletes to profit from their names, images, and likenesses (NIL). The ability for athletes to monetize their personal brands for the first time, however, has created just as much chaos as it has opportunity.
Recognizing the industry's need for solutions, Brian Barker and his three sons Barrett, Britton, and Beau, along with strategic investor Phil McIntyre, entertainment executive and long-time Jonas Brothers manager, created that solution— Link Agent. The Barkers' background in both software and collegiate football paired with McIntyre's connections to top-spending brands uniquely qualified them to build the app to facilitate NIL endorsements. After months of planning and development, Link Agent was introduced to the Embassy team, where an immediate chemistry was evident.
"From the beginning, we have wanted to help the student athletes market themselves to businesses and alumni through an easy to use app. Our solution provides the student athlete the opportunity to supplement their income while also building their personal brand. The Embassy team has the same mindset, so it was a perfect fit," said Barrett Barker, Link Agent Director of Operations.
With the Link Agent team joining the Embassy ranks, Embassy founder and CEO Zachary Taunton is optimistic about what the group will accomplish together.
"Through the marriage of Link Agent's industry connections with Embassy's product, we hope to create the standard for how NIL deals are managed nationwide," said Taunton.
Embassy plans to release its NIL app update for NCAA athletes mid-August, just in time for the upcoming school year and fall season. The release will allow brands to submit paid endorsement offers directly to student athletes in a matter of seconds, handle payments end-to-end, and properly report all transaction data to the athlete's compliance department.
About Embassy: Embassy Social is a disruptive new app helping creators, influencers, and athletes land and manage paid partnerships on social media.
Jordan Hovater, CMO
(404) 402-1574
jordan@embassysocial.io
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NEW ORLEANS, May 12, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Trecora Resources (NYSE: TREC) to an affiliate of Balmoral Funds, LLC. Under the terms of the proposed transaction, shareholders of Trecora will receive only $9.81 in cash for each share of Trecora that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-trec/ to learn more.
Please note that the merger is structured as a tender offer, such that time may be of the essence.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.wibw.com/prnewswire/2022/05/12/trecora-investor-alert-by-former-attorney-general-louisiana-kahn-swick-amp-foti-llc-investigates-adequacy-price-process-proposed-sale-trecora-resources-trec/ | 2022-05-12T10:38:13Z |
PITTSBURGH, June 24, 2022 /PRNewswire/ -- "I wanted to create a backpack that supports the head and neck while reducing strain on the back and shoulders," said an inventor, from Richmond, Va., "so I invented the BOOKCASE. My design would provide a more durable and comfortable alternative to conventional backpacks."
The patent-pending invention provides a convenient and comfortable backpack for students, travelers, etc. In doing so, it offers a hands-free way to transport books and personal belongings. It also reduces stress and strain on the back and shoulders and it enables the unit to be easily transported up steps. The invention features a protective and portable design that is easy to use. Additionally, it is producible in design variations.
The original design was submitted to the Richmond sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-RKH-170, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/06/24/inventhelp-inventor-develops-durable-comfortable-backpack-rkh-170/ | 2022-06-24T16:31:33Z |
The man accused of killing 10 people in a racially motivated mass shooting at a Buffalo, New York, supermarket Saturday had plans to continue his shooting rampage and kill more Black people, authorities said Monday.
"There was evidence that was uncovered that he had plans, had he gotten out of here, to continue his rampage and continue shooting people," Buffalo Police Commissioner Joseph Gramaglia told CNN. "He'd even spoken about possibly going to another store."
There is "some documentation" the suspect had plans possibly for a shooting at "another large superstore," Gramaglia said. "He was going to get in his car and continue to drive down Jefferson Avenue and continue doing the same thing."
It "appears" the suspect planned to kill more Black people, Erie County District Attorney John Flynn said. "We need to drill down further," he added.
The revelations align with information written in an 180-page racist manifesto authorities have attributed to the suspect, an 18-year-old White man who traveled nearly 200 miles to a supermarket in a predominantly Black neighborhood to unleash an attack.
Eleven of the 13 people shot were Black, officials said, and the massacre is being investigated as a hate crime. The victims range in age from 20 to 86, police said, among them a former police officer who tried to stop the gunman and a 62-year-old doing her regular grocery shopping with her fiancé.
The shooting, which also left three wounded, was a "straight-up racially motivated hate crime from somebody outside of our community," Erie County Sheriff John Garcia said. "This was pure evil."
The gunman killed several people in the parking lot before entering the building. He exchanged gunfire with an armed security guard -- who was killed -- and shot more people inside, then exited and surrendered to police.
Investigators believe the suspect had been in Buffalo a day before the shooting and did some reconnaissance at the Tops Friendly Markets store, Gramaglia has said. They also believe he acted alone, he said.
The suspect, Payton S. Gendron, pleaded not guilty Saturday night to a charge of first-degree murder, Buffalo City Court Chief Judge Craig Hannah told CNN, and the district attorney has said he expects to file more charges. Gendron is in custody without bail and under suicide watch, Garcia said. If convicted, he faces a maximum of life in prison without parole.
"I'm sad, I'm hurt, I'm mad because I never thought this would have happened here in the city of Buffalo," resident Liz Bosley told CNN affiliate Spectrum News NY1.
Kelly Galloway's family shops at the grocery on Saturday mornings, she told the station. "That could have been our mothers, our grandmothers, our aunts, our uncles," she said. "And it was us. It was us."
Buffalo Mayor Byron Brown spoke Sunday to worshipers at a church, saying of the slain: "Their lives and their example should be examples to us, that we have to love more, we have to care about each other more because we don't know when our time might come."
Those at the supermarket "were going about their daily lives, left in the morning and had every expectation that they'd be home at night with their families," he said. "Many of us stood shoulder to shoulder yesterday in pain, like all of us are in pain, dealing with the aftermath of this horrible, racist, violent attack on our community."
More about alleged manifesto emerges
Local and state officials, with the FBI and federal Bureau of Alcohol, Tobacco, Firearms and Explosives, are digging for more information about the shooting and the gunman's intent.
"We continue to investigate this case as a hate crime, a federal hate crime, and as a crime perpetrated by a racially motivated, violent extremist," Stephen Belongia, special agent in charge of the FBI Buffalo field office, said Sunday at a news conference.
The gunman began a livestream of the attack, with the video removed less than two minutes after the violence began, livestreaming service Twitch said in a statement to CNN.
Authorities will be "looking at extensive digital platforms, computers, phones, cameras and anything else that comes into play in this investigation," Gramaglia said Sunday.
"The evidence that we have uncovered so far makes no mistake that this is an absolute racist hate crime. It will be prosecuted as a hate crime," Gramaglia said. "This is someone who has hate in their heart, soul and mind."
Evidence may include a 180-page manifesto attributed to the suspect and posted online just before the attack. CNN independently obtained the document shortly after the mass shooting -- before authorities released the name of the suspect -- and law enforcement sources have told CNN its description of guns matches the weapons the suspect used.
In it, the suspect allegedly details how he had been radicalized by reading online message boards and describes the attack as terrorism and himself as a White supremacist. He subscribed to a "great replacement" theory -- the false belief that White Americans are being "replaced" by people of other races. Once a fringe idea, "replacement theory" recently has become a talking point for Fox News' host Tucker Carlson as well as other prominent conservatives.
The manifesto's author also writes the supermarket in Buffalo is in a ZIP code that "has the highest black percentage that is close enough to where I live."
The ZIP code that includes the store, 14208, is 78% Black -- the highest percentage of Black population of any ZIP code in upstate New York -- the US Census Bureau's 2020 American Community Survey finds. The shooting suspect is from the town of Conklin, a three-and-a-half-hour drive from Buffalo.
The manifesto also states the suspect bought the main gun he used, a Bushmaster XM-15, from a gun store before "illegally modifying it."
"We are obviously going through (the manifesto) with a fine-toothed comb and reviewing that for all evidence," prosecutor Flynn told CNN.
The suspected gunman had been on the radar of police about a year ago, officials said.
As a student last June at Susquehanna Valley Central High School, he made a "generalized threat" that was not racially motivated, Gramaglia said. The student was brought in for a mental health evaluation and released after a day and a half, he said.
The New York State Police investigated and responded to a report that a 17-year-old student had made "a threatening statement" in June at the same high school, an agency spokesperson confirmed to CNN. The student was taken into custody and to a hospital for a mental health evaluation.
Entire community affected by mass shooting
Saturday's attack stunned those who live in the heart of the Kingsley and Masten Park neighborhoods.
Geraldine Talley, 62, was doing her regular grocery, shopping with her fiancé Saturday when she was shot and killed, her niece Lakesha Chapman told CNN.
"She's sweet, sweet, you know, the life of the party," Chapman said. "She was the person who always put our family reunion together, she was an avid baker ... mother of two beautiful children."
"We're outraged," she added. "This is not, obviously, the first racially triggered attack in America. However, it is the first that hits our home."
New York Gov. Kathy Hochul announced $2.8 million for the victims and their families, her office said in a statement.
"The entire world is watching how we will come together as New Yorkers to overcome this unthinkable tragedy. Buffalo, my hometown, is the City of Good Neighbors and New York State will be good neighbors for them," she said.
With the grocery closed because of the investigation, Tops Markets is working with a representative of the Masten District to secure free food and supplies, plus free transportation, for those in need it, it said.
The supermarket is in a so-called "food desert" -- where access to fresh foods and groceries is limited -- and "served as the lone supermarket within walking distance for many Buffalonians," Hochul said.
The mayor called the site "near and dear" to his heart.
"It's one that I patronize from time to time," Brown said Saturday, "my family patronizes from time to time, and some of the victims of this shooter's attack are people that all of us standing up here know."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/the-buffalo-shooting-suspect-had-plans-to-shoot-more-black-people-after-deadly-rampage-at/article_dea7c2aa-d5ca-55fd-bb72-a0ada737800f.html | 2022-05-16T15:36:42Z |
Pelosi: China cannot stop US officials from visiting Taiwan
TOKYO (AP) — U.S. House Speaker Nancy Pelosi said Friday that China will not isolate Taiwan by preventing U.S. officials from traveling there.
She made the remarks in Tokyo on the final leg of an Asia tour highlighted by a visit to Taiwan that infuriated China.
The Chinese have tried to isolate Taiwan, Pelosi said, including most recently by preventing the self-governing island from joining the World Health Organization.
“They may try to keep Taiwan from visiting or participating in other places, but they will not isolate Taiwan by preventing us to travel there,” she said.
Pelosi said her trip to Taiwan was not intended to change the status quo for the island but to maintain peace in the Taiwan Strait. She also praised Taiwan’s hard-fought democracy, including its progress in diversity and success in technology and business, and criticized China’s violations of trade agreements, proliferation of weapons and human rights problems.
Pelosi, the first House speaker to visit Taiwan in 25 years, said Wednesday in Taipei that the U.S. commitment to democracy on the island and elsewhere “remains ironclad.”
Pelosi and five other members of Congress arrived in Tokyo late Thursday after visiting Singapore, Malaysia, Taiwan and South Korea.
In Taipei on Wednesday, Pelosi said the American commitment to democracy in Taiwan and elsewhere “remains ironclad.” She became the first House speaker to visit the island in 25 years.
China, which claims Taiwan and has threatened to annex it by force if necessary, called her visit to the island a provocation and on Thursday began military drills, including missile strike training, in six zones surrounding Taiwan, in what could be its biggest since the mid-1990s.
Pelosi said that China had launched the “strikes probably using our visit as an excuse.”
Earlier Friday, Japanese Prime Minister Fumio Kishida said that China’s military exercises aimed at Taiwan represent a “grave problem” that threatens regional peace and security after five ballistic missiles launched as part of the drills landed in Japan’s exclusive economic zone.
Kishida, speaking after breakfast with Pelosi and her congressional delegation, said the missile launches need to be “stopped immediately.”
Japanese Defense Minister Nobuo Kishi said five missiles landed on Thursday in Japan’s exclusive economic zone off Hateruma, an island far south of Japan’s main islands. He said Japan protested to China, saying the missiles “threatened Japan’s national security and the lives of the Japanese people, which we strongly condemn.”
The Defense Ministry later said it believed the other four missiles, fired from China’s southeastern coast of Fujian, flew over Taiwan.
Japanese Foreign Minister Yoshimasa Hayashi, attending a regional meeting in Cambodia, said China’s actions are “severely impacting peace and stability in the region and the international community, and we demand the immediate suspension of the military exercises.”
Japan has in recent years bolstered its defense capability and troop presence in southwestern Japan and remote islands, including Okinawa, which is about 700 kilometers (420 miles) northeast of Taiwan. Many residents say they worry their island will be quickly embroiled in any Taiwan conflict. Okinawa is home to the majority of about 50,000 American troops based in Japan under a bilateral security pact.
At the breakfast earlier Friday, Pelosi and her congressional delegation also discussed their shared security concern over China, North Korea and Russia, and pledged their commitment to working toward peace and stability in Taiwan, Kishida said. Pelosi was also to hold talks with her Japanese counterpart, lower house Speaker Hiroyuki Hosoda.
Japan and its key ally, the U.S., have been pushing for new security and economic frameworks with other democracies in the Indo-Pacific region and Europe as a counter to China’s growing influence amid rising tensions between Beijing and Taipei.
Days before Pelosi’s Taiwan visit, a group of senior Japanese lawmakers, including former Defense Minister Shigeru Ishiba, visited the island and discussed regional security with Taiwanese President Tsai Ing-wen. Ishiba said Japan, while working with the United States to prevent conflict in the Indo-Pacific, wants a defense agreement with Taiwan.
On Thursday, the foreign ministers of the Group of Seven industrialized nations issued a statement saying “there is no justification to use a visit as pretext for aggressive military activity in the Taiwan Strait.” It said China’s “escalatory response risks increasing tensions and destabilizing the region.”
China cited its displeasure over the statement for the last-minute cancellation of talks between the Chinese and Japanese foreign ministers on the sidelines of the Association of Southeast Asian Nations meeting in Cambodia on Thursday.
Pelosi held talks on Thursday in South Korea, also a key U.S. ally, which stayed away from the Taiwan issue, apparently to avoid upsetting China, focusing instead on North Korea’s increasing nuclear threat.
In recent years, South Korea has been struggling to strike a balance between the United States and China as their rivalry has deepened.
The Chinese military exercises launched Thursday involve its navy, air force and other departments and are to last until Sunday. They include missile strikes on targets in the seas north and south of the island in an echo of the last major Chinese military drills in 1995 and 1996 aimed at intimidating Taiwan’s leaders and voters.
Taiwan has put its military on alert and staged civil defense drills, while the U.S. has numerous naval assets in the area.
China also flew war planes toward Taiwan and blocked imports of its citrus and fish.
China sees the island as a breakaway province and considers visits to Taiwan by foreign officials as recognizing its sovereignty.
The Biden administration and Pelosi have said the United States remains committed to the so-called one-China policy, which recognizes Beijing as the government of China but allows informal relations and defense ties with Taipei. The administration discouraged but did not prevent Pelosi from visiting.
Pelosi has been a long-time advocate of human rights in China. She, along with other lawmakers, visited Beijing’s Tiananmen Square in 1991 to support democracy two years after a bloody military crackdown on protesters at the square.
As leader of the House of Representatives, Pelosi’s trip has heightened U.S.-China tensions more than visits by other members of Congress. The last House speaker to visit Taiwan was Newt Gingrich in 1997.
China and Taiwan, which split in 1949 after a civil war, have no official relations but multibillion-dollar business ties.
___
Associated Press writers Hyung-jin Kim in Seoul, South Korea, and Huizhong Wu in Taipei, Taiwan, contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/05/pelosi-china-cannot-stop-us-officials-visiting-taiwan-2/ | 2022-08-05T07:03:09Z |
Emotional reunion: Father meets 911 operator credited with saving his baby
ALBANY, N.Y. (Spectrum News) - A New York 911 operator is being credited with saving the life of a newborn as a mother unexpectedly went into labor in her car on the way to the hospital.
Derrick Carter and his fiancé Andrewa rushed to the hospital on April 9 to deliver their baby girl, but the baby had other plans and decided she wasn’t waiting to get there.
Baby Nova Rose came into the world in the front seat of her parents’ parked car, and her life was already in danger.
“She’s got the umbilical cord around her neck,” Carter said on the 911 call.
Emergency operator Gerard Lewis said he got to work.
“Derrick, listen to me, slide your finger under the cord without stretching it tight, and carefully pull it over the baby’s head,” Lewis said on the 911 call.
Nova Rose was detangled and eventually made it safely to the hospital.
“He did all the work; I just guided him there,” Lewis said.
Carter said he was determined to meet the man on the other side of the line, and he tracked down Lewis on Facebook.
The entire family met their adopted uncle, with Carter giving Lewis a proper thank you.
“Yeah, he’ll be getting birthday pictures all the time. I don’t mind sharing my Nova with him; I really don’t. That’s her hero,” Carter said.
Lewis’ manager said he could not be more proud of him and believes the recording will likely be used as a training tool in the future.
Copyright 2022 Spectrum News via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/05/13/emotional-reunion-father-meets-911-operator-credited-with-saving-his-baby/ | 2022-05-13T23:53:59Z |
THE TRAVEL MOM SPONSORED CONTENT — Many people are eager to dip their toes back into international waters and, according to our friends Emily Kaufman and Tommy Daddario, cruising is a terrific way to do this.
For more information and travel guides, visit thetravelmom.com. | https://cw33.com/lifestyle/inside-dfw/anxious-to-travel-internationally-again-check-out-these-tips-from-the-travel-mom/ | 2022-05-12T23:34:53Z |
VANCOUVER, BC, July 25, 2022 /PRNewswire/ - Copper Mountain Mining Corporation (TSX: CMMC) (ASX: C6C) (the "Company" or "Copper Mountain") announces second quarter 2022 financial and operating results. All currency is in Canadian dollars, unless otherwise stated. All results are reported on a 100% basis. The Company's Financial Statements and Management's Discussion & Analysis ("MD&A") are available at www.CuMtn.com and www.sedar.com.
- Production in Q2 2022 was 16.1 million pounds of copper equivalent, including 13.3 million pounds of copper, 5,792 ounces of gold, and 61,628 ounces of silver.
- Revenue for Q2 2022 was $59.1 million from the sale of 12.9 million pounds of copper, 5,069 ounces of gold, and 57,653 ounces of silver.
- C1 cash cost (1) per pound of copper produced in Q2 2022 was US$2.92.
- All-in sustaining cost ("AISC") (1) per pound of copper produced was US$3.65 and all-in cost ("AIC") (1) per pound of copper produced was US$4.93.
- Net loss for Q2 2022 was $5.3 million, or ($0.02) on a per-share basis.
- Cash flow from operations for Q2 2022 was $9.0 million, or $0.04 on a per-share basis(1).
- Cash, cash equivalents, and restricted cash at the end of June 30, 2022 was $92.2 million.
- Installed and commissioned additional cleaner circuit capacity to handle higher mill feed grade at higher tonnage rates.
- Received the 2022 Towards Sustainable Mining (TSM) Environmental Excellence Award in recognition of the Company's Electric Trolley Assist project.
"There were a number of challenging issues in the second quarter contributing to lower production and higher costs," commented Gil Clausen, Copper Mountain's President and CEO. "Most of the impact to production came from lower-grade ore and crushing circuit throughput. The mining of the last benches of Phase 2 from a lower grade area and the top cuts of the new North Pit, which was lower-grade and oxidized with some high clay content zones, created a sticky feed that impacted crushing circuit performance with clogged chutes and crushers plugging. Further, a stripping delay in Phase 4 slowed down the release of higher grade clean ore. Post quarter end, we started the ore release in Phase 4, and with the first half of the year behind us, we plan on delivering the higher production levels forecast for the remainder of the year. ncreased production will be largely driven by a few factors. First, as we finished mining through the bottom of Phase 2 and worked through the top oxidized benches of the North Pit, we will advance the clean ore in the North Pit and Phase 4 which will allow for higher recovery and support processing at full capacity. Second, we expect grades to average around 0.30% Cu for the remainder of the year as we mine mostly higher-grade ore from Phase 4, which is planned for late July. And third, copper recovery is expected to increase further with the completion of our plant optimization and improvement projects. With increased grade, recovery, and throughput, we expect strong production in the second half of 2022, with the fourth quarter being the strongest quarter, and carry that production through 2023 and 2024."
Mr. Clausen continued, "We are completing the engineering work on the Life of Mine technical study that will include a new updated mineral reserve and mineral resource estimate for the Copper Mountain Mine. The study includes trade-off analyses and scenario plans to evaluate throughput options for mill expansion. We expect this study to be published in September."
Production
The Copper Mountain Mine produced 13.3 million pounds of copper, 5,792 ounces of gold, and 61,628 ounces of silver in Q2 2022, compared to 25.5 million pounds of copper, 7,627 ounces of gold, and 147,973 ounces of silver in Q2 2021. Production was lower during the quarter due to lower grade and reduced mill throughput.
Mill feed grade in Q2 2022 was 0.23% Cu as compared to Q2 2021 of 0.42%. Ore was delivered to the mill from a lower grade area of Phase 2, the development phase of the North Pit, and from the low-grade stockpile during the quarter. All these sources resulted in lower mill feed grade in the quarter compared to Q2 2021. Phase 2 was mined out fully in June. Phase 4 higher grade ore release was delayed due to stripping shortfalls in the first half, resulting in the start of Phase 4 ore being released in mid-July.
Above average employee absences due to several reasons, including COVID-19, limited maintenance and operations staffing during the quarter, and impacted overall mine production. Contracted labour alleviated this issue, but resulted in higher labor costs. Hiring full time replacement equipment operators was progressing well by quarter end with mine production back on track. The commencement of mining in the North Pit was also later than planned due to regulatory delays of a few months as additional test work was requested on potential acid rock drainage from the North Pit. The Company completed this test work and received full permission to mine the North Pit early in the quarter.
Supply chain issues, including a lack of available parts for some of the mine's production drills, severely limited drilled and blasted inventory levels, further impacting stripping production and delaying some Phase 4 waste removal. This situation has steadily improved during the quarter, which allowed mine production to be increased, advancing the Phase 4 waste stripping in the Copper Mountain Mine Main Pit to expose higher grade ore starting in mid-July. Ore feed grades will improve in the year's second half to about 0.30% Cu for H2 2022, with the higher-grade Phase 4 ore being the primary ore supply for the remainder of 2022. Phase 4 higher grade ore will also be the main ore supply for 2023, driving increased production.
The mill processed a total of 3.3 million tonnes of ore during the quarter as compared to 3.4 million tonnes in Q2 2021. Mill throughput was restricted due to the availability of crushed ore from the crushing circuit. The processing of wet, higher clay ore from the bottom of Phase 2 and low-grade stockpile, and oxidized higher clay ore from the top benches of the North Pit, negatively impacted crusher circuit performance during the quarter. The crushing circuit with its newly installed main shaft continues to perform well when processing clean ore, consistent with historical performance. The Company started implementing improvements to the crushing circuit during the quarter to support sustainable design performance on the varying ore types. Implementation of these improvements, which began in June, is resulting in throughput improvements and the milling circuit is ready to process the design throughput.
Copper recovery was 79.1% in Q2 2022 as compared to 79.4% in Q2 2021. The milling of high oxide material from the initial benches of the North Pit and some higher oxide material in the low-grade stockpile negatively impacted recovery. The Company has now mined through most of the North Pit higher oxide zones. It expects the copper recovery to improve for the remainder of the year, with even further increases scheduled with the completion of the plant improvement and optimization projects and Phase 4 ore supply coming online.
Mill availability averaged 89.0% for Q2 2022 as compared to 94.1% in Q2 2021. Mill availability was impacted by the feed lines sanding and plugging to Ball Mill 3 when operating at low tonnage rates. This was modified at the end of the quarter and Ball Mill 3 can now support stable production at all tonnages rates.
The Company continues to advance its plant improvement and optimization projects at the mine. The installation of an additional large column flotation cell to increase cleaner circuit capacity was completed and fully commissioned during the quarter. This large new flotation cell provides additional cleaner circuit capacity to handle higher mill feed grades at higher tonnage rates. The new filter press has also been installed and is in the final stages of commissioning. This second filter press will allow for maintaining design mill tonnage rates during extended periods of higher grades, eliminating the requirement to reduce mill tonnage as was experienced in 2021. The new filters will fully support the planned increased production levels in the second half of 2022 and 2023 at any grade. The expansion to the rougher flotation circuit is about 40% complete and is now planned to be completed in Q4 2022, which will support high recovery, especially on slower kinetic ore types. Supply chain issues delayed the delivery of certain parts of the rougher expansion, pushing the completion date by a few months.
Costs
C1 cash cost, AISC and AIC per pound of copper produced are non-GAAP financial measures. See "Cautionary Note Regarding Non-GAAP Performance Measures" in this press release.
C1 cash cost per pound of copper produced, net of precious metal credits, for Q2 2022 was US$2.92, as compared to US$1.38 in Q2 2021. The variance in C1 cash costs for Q2 2022, as compared to Q2 2021, was due to several items, including:
- Lower copper production due to lower mill feed grade and reduced mill throughput; and,
- Inflationary pressures increased the cost of fuel, grinding media, and mobile equipment repairs,
With production levels expected to increase throughout the remainder of the year and an easing of the temporary operating costs from H1 2022, the Company anticipates C1 cash cost per pound of copper produced to markedly improve for the remainder of 2022.
AISC per pound of copper produced for Q2 2022 was US$3.65, compared to US$1.83 in Q2 2021. AISC carries forward from C1 cash costs with the addition of $12.3 million in sustaining capital, lease, and applicable administration expenditures in Q2 2022 compared to $14.1 million in Q2 2021. The increase in AISC is carried forward from higher C1 cash costs and higher sustaining capital of $8.9 million in Q2 2022 compared to sustaining capital of $7.0 million in Q2 2021.
Sustaining capital costs for Q2 2022 were higher than Q2 2021 mainly due to $2.9 million of expenditures for the new road overpass that will eliminate traffic interference with haulage trucks on the main waste haul road, thereby improving productivity by reducing haul truck cycle times and delays. Capital expenditures for these haul truck productivity improvements were completed in Q2 2022. Sustaining capital also includes costs associated with the mine's environmental water management projects. The mine water management projects have been substantially advanced and are expected to be fully completed in Q3 2022.
AIC per pound of copper produced for Q2 2022 was US$4.93, as compared to US$2.06 in Q2 2021. AIC carries forward from AISC with the addition of $21.7 million in deferred stripping as compared to $7.1 million in deferred stripping in Q2 2021. Deferred stripping costs in Q2 2022 were from regular development activities as the Company continued to advance the development of the higher grade Phase 4 pushback of the Main Pit.
In Q2 2022, revenue was $59.1 million, net of pricing adjustments and treatment charges, compared to $142.1 million in Q2 2021. Revenue in Q2 2022 is based on the sale of 12.9 million pounds of copper, 5,069 ounces of gold, and 57,653 ounces of silver. This compares to 21.7 million pounds of copper, 6,545 ounces of gold, and 121,291 ounces of silver sold in Q2 2021. The decrease in revenue was due to lower quantities of all metals sold and at a lower average price.
Cost of sales in Q2 2022 was $68.3 million as compared to $56.3 million for Q2 2021. The increase in cost of sales can largely be attributed to the increase in higher fuel and steel costs, and increased maintenance contractor support required to assist with managing COVID-19 absences, and other related workforce absences.
The Company generated a gross loss of $9.2 million in Q2 2022 as compared to a gross profit of $85.8 million for Q2 2021. The Company reported a net loss of $5.3 million for Q2 2022 as compared to a net income of $38.7 million for Q2 2021. The variance in net income for Q2 2022, as compared to Q2 2021, was due to several items, including:
- Lower revenue in Q2 2022 due to fewer pounds of copper sold as compared to Q2 2021.
- Q2 2022 included a $15.9 million negative mark to market and final adjustment from provisional pricing on concentrate sales, as compared to an $8.8 million positive mark to market and final adjustment from provisional pricing on concentrate sales for Q2 2021.
- Higher cost of sales in Q2 2022 due to increased operating costs as compared to Q2 2021.
On an adjusted basis, the Company recorded net earnings of $3.7 million in Q2 2022, or $0.02 per share, compared to net earnings of $32.2 million in Q2 2021, or $0.15 per share.
Copper Mountain Mine, Canada
The Company's mill optimization and improvement projects at the mine site continue to progress. The cleaner column expansion project was completed and commissioned during the quarter and the filter press expansion was completed and is in commissioning. The rougher expansion project has experienced some delays due to supply chain issues and is now expected to be completed in Q4 2022. Phase 1 of the Trolley Assist project was completed during the first quarter and the one-kilometer trolley-assist haul ramp and seven pantograph-equipped electric haul trucks were successfully commissioned.
Eva Copper Project, Australia
The Company announced updated economics for the Eva Copper Project, including capital and operating costs, at the end of 2021. The Company continues to advance project financing and detailed engineering on the project. In addition, the Company is evaluating strategic opportunities for the Eva Copper Project, and has engaged Macquarie Capital to assist with this process.
Exploration Update
Canada
The drilling program, which was initiated in March 2021 with the objective of expanding resources and reserves at the Copper Mountain Main Pit, North Pit, and New Ingerbelle, is complete. The program consisted of a total of 38,000 metres of diamond drilling. Results were positive with significant copper intersections below the current reserve pits.
In January 2022, the Company announced continued positive results from drilling at New Ingerbelle, extending mineralization at depth and to the west. For further details, please see the Company's January 20, 2022, and September 9, 2021 press releases. The Company plans to incorporate the results of the 2021-2022 drilling program into an updated mineral reserves and mineral resources estimate, along with a new "Life of Mine Plan", which is expected to be published in the third quarter of 2022.
Australia
In late 2021, the Company completed an exploration program on its Cameron Copper Project, located approximately 40 kilometres south of its Eva Copper Project. The program was designed to discover additional copper, copper-gold or gold deposits. The program, which consisted of detailed geophysical, geochemical, and geological surveys followed by drill testing, produced encouraging results with multiple mineralized zones identified. A total of 60 reverse circulation holes (6,997 metres of drilling) and 7 diamond drill holes (1,341 metres of drilling) were completed on a series of targets at Cameron (C1, C1 South, C2, C3, C6, and C24). The drill program encountered intercepts of high-grade mineralization, within long, low-grade mineralized envelopes, with lateral continuity between intercepts of up to 1 kilometre. For drill hole results please see Copper Mountain's October 12, 2021 press release.
The Company is currently conducting a review and evaluation of exploration targets on the entire Cameron license block. Data from last years program is being integrated with open file geophysical data to produce an improved understanding of the structural and stratigraphic setting of copper prospects at Cameron. Additional geophysical surveys are planned for the second half of 2022 and will guide subsequent drill testing of targets.
This section of the press release provides management's production and cost estimates for 2022. See "Cautionary Note Regarding Forward-Looking Statements" in this press release. AIC per pound of copper produced is a non-GAAP financial measure. See "Cautionary Note Regarding Non-GAAP Financial Measures" in this press release.
As a result of H1 2022 production results, the Company now expects annual production in the range of 65 to 75 million pounds of copper. The Company expects production in the second half of 2022 to be considerably higher than the first half of 2022 as the Company begins to mine from higher grade ore from Phase 4 of the Copper Mountain Main Pit in July. The higher grade Phase 4 ore is expected throughout the remainder of 2022 and through 2023. As a result, the Company is reiterating its 2023 production guidance range of between 90 to 105 million pounds of copper.
The Company is increasing its AIC per pound of copper cost guidance for 2022 to the range of between US$2.75 and US$3.25 because of the higher-than-planned AIC in H1 2022 and inflationary pressures noted. As production is expected to increase throughout 2022, and there were a number of non-recurring expenses in H1 2022, the Company expects AIC to improve for the remainder of 2022.
Copper Mountain will host a conference call on Monday, July 25, 2022 at 7:30 am (Pacific Time) for senior management to discuss second quarter 2022 results.
Dial-in information:
Toronto and international: 1 (416) 764 8650
North America (toll-free): 1 (888) 664 6383
Webcast: https://produceredition.webcasts.com/starthere.jsp?ei=1557958&tp_key=b1495c40ef
Replay information:
Toronto and international: 1 (416) 764 8677, Passcode: 796638#
North America (toll-free): 1 (888) 390 0541, Passcode: 796638#
The conference call replay will be available until 8:59 pm (Pacific Time) on August 1, 2022. An archive of the audio webcast will also be available on the company's website at http://www.cumtn.com.
Copper Mountain's flagship asset is the 75% owned Copper Mountain Mine located in southern British Columbia near the town of Princeton. The Copper Mountain Mine currently produces approximately 100 million pounds of copper equivalent per year. Copper Mountain also has the 100% owned development-stage Eva Copper Project, which is expected to add approximately 100 million pounds of copper annually, in Queensland, Australia, and an extensive 2,100 km2 highly prospective land package in the Mount Isa area. Copper Mountain trades on the Toronto Stock Exchange under the symbol "CMMC" and Australian Stock Exchange under the symbol "C6C".
Additional information is available on the Company's web page at www.CuMtn.com.
On behalf of the Board of
COPPER MOUNTAIN MINING CORPORATION
"Gil Clausen"
Gil Clausen, P.Eng.
President and Chief Executive Officer
Website: www.CuMtn.com
This document may contain "forward looking information" within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, "forward-looking statements"). These forward-looking statements are made as of the date of this document and Copper Mountain does not intend, and does not assume any obligation, to update these forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable securities legislation.
All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements relate to future events or future performance and reflect our expectations or beliefs regarding future events.
In certain circumstances, forward-looking statements can be identified, but are not limited to, statements which use terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes", "forecasts", "guidance", scheduled", "target" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" or the negative of these terms or comparable terminology. In this document, certain forward-looking statements are identified, including production and cost guidance, anticipated production at the Copper Mountain Mine, expectations regarding the impact of the COVID-19 pandemic on operations, financial condition and prospects, anticipated metals prices and the anticipated sensitivity of the Company's financial performance to metals prices, the timing and results of the Company's exploration and development programs, the timing of the Company's plant improvement and optimization projects at the Copper Mountain Mine, the timing of the Company's updated mineral reserves and mineral resources estimate and new life of mine plan for the Copper Mountain Mine, the timing of studies, announcements, and analysis, events that may affect its operations and development projects, anticipated cash flows from operations and related liquidity requirements, the anticipated effect of external factors on revenue, such as commodity prices, estimation of mineral reserves and resources, mine life projections, reclamation costs, economic outlook, the impact of inflation, government regulation of mining operations, and business and acquisition strategies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual results, performance, achievements and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, among others, the successful exploration of the Company's properties in Canada and Australia, market price, continued availability of capital and financing and general economic, market or business conditions, extreme weather events, material and labour shortages, the reliability of the historical data referenced in this document and risks set out in Copper Mountain's public documents, including in each management's discussion and analysis and the Company's most recent annual information form, filed on SEDAR at www.sedar.com. The potential effects of the COVID-19 pandemic on Copper Mountain's business and operations are unknown at this time, including Copper Mountain's ability to manage challenges and restrictions arising from COVID-19 in the communities in which Copper Mountain operates and its ability to continue to safely operate and to safely return the business to normal operations. The impact of COVID-19 is dependent on a number of factors outside of the Company's control and knowledge, including the effectiveness of the measures taken by public health and governmental authorities to combat the spread of the disease, global economic uncertainties and outlook due to the disease, and the evolving restrictions relating to mining activities and to travel in certain jurisdictions in which Copper Mountain operates. Although Copper Mountain has attempted to identify important factors that could cause the Company's actual results, performance, achievements and opportunities to differ materially from those described in its forward-looking statements, there may be other factors that cause the Company's results, performance, achievements and opportunities not to be as anticipated, estimated or intended. While the Company believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Accordingly, readers should not place undue reliance on the Company's forward-looking statements.
This document includes certain non-GAAP performance measures that do not have a standardized meaning prescribed by International Financial Reporting Standards ("IFRS"). These measures may differ from those used and may not be comparable to such measures as reported by other issuers. The Company believes that these measures are commonly used by certain investors, in conjunction with conventional IFRS measures, to enhance their understanding of the Company's performance. These performance measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. These measures have been derived from the Company's financial statements and applied on a consistent basis. The calculation and an explanation of these measures is provided in the Company's MD&A and such measures should be read in conjunction with the Company's financial statements.
Condensed Consolidated Statements of Financial Position
(In thousands of Canadian dollars)
Condensed Consolidated Statements of Income and Comprehensive Income
(In thousands of Canadian dollars, except for number of and earnings per share)
Condensed Consolidated Statements of Cash Flows
(In thousands of Canadian dollars)
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SOURCE Copper Mountain Mining Corporation | https://www.mysuncoast.com/prnewswire/2022/07/25/copper-mountain-mining-announces-q2-2022-financial-results/ | 2022-07-25T12:39:04Z |
First Quarter Revenues of RMB 315.1 million
First Quarter GMV of RMB 731.5 million
SHANGHAI, Sept. 15, 2022 /PRNewswire/ -- Boqii Holding Limited ("Boqii" or the "Company") (NYSE: BQ), a leading pet-focused platform in China, today announced its unaudited financial results for the first quarter of fiscal year 2023 (the quarter ended June 30, 2022).
Fiscal Q1 2023 Operational and Financial Highlights
- Total revenues were RMB315.1 million (US$47.0 million), compared to RMB321.8 million in the same quarter of fiscal year 2022.
- Operating loss was RMB9.8 million (US$1.5 million), representing a decrease of 76.4% compared to RMB41.5 million in the same quarter of fiscal year 2022.
- Net loss was RMB12.4 million (US$1.9 million), representing a decrease of 66.8% from net loss of RMB37.4 million in the same quarter of fiscal year 2022.
- Non-GAAP net loss was RMB10.5 million (US$1.6 million), representing a decrease of 66.7% from non-GAAP net loss of RMB31.5 million in the same quarter of fiscal year 2022.
- EBITDA[1] was a loss of RMB9.0 million (US$1.3 million), representing a decrease of 74.6% from a loss of RMB35.6 million in the same quarter of fiscal year 2022.
- Total GMV[2] was RMB731.5 million (US$109.2 million), compared to RMB792.1 million in the same quarter of fiscal year 2022.
- Active buyers were 1.8 million, representing an increase of 11.4% from 1.6 million in the same quarter of fiscal year 2022.
CEO & CFO Quote
Mr. Hao Liang, Boqii's Founder, Chairman and Chief Executive Officer commented, We maintained solid growth in the first quarter of fiscal 2023 despite the ongoing impact of COVID-19. By further integrating upstream and downstream industry chain resources, we optimized product categories and adjusted product mix to accelerate the gross margin growth and user engagement. Gross margin continued to see strong growth, which increased by 490 basis points to 22.4% compared to the same period last year. Active buyers rose 11.4% YOY to 1.8million. We are glad that we were able to deliver encouraging results and remain optimistic in our future development.
Ms. Yingzhi (Lisa) Tang, Boqii's Co-Founder, Co-CEO and CFO commented: Supported by our proven business model,engaging community, and expansive outreaching channel, we delivered outstanding results under the challenging circumstances. In this quarter, our non-GAAP net loss narrowed down to RMB10.5million, representing a decrease of 66.7% from non-GAAP net loss of RMB31.5 million in the same period last year, which shows our potential to reach profitability. We are committed to enhance our value chain position as an end-to-end connector, while continuously improving profitability, creating values for both our users and shareholders.
Fiscal Q1 2023 Financial Results
Total revenues were RMB315.1 million (US$47.0 million), compared to RMB321.8 million in the same quarter of fiscal year 2022.
Gross profit was RMB 70.7 million (US$10.5 million), representing an increase of 25.3% from RMB56.4 million in the same quarter of fiscal year 2022.
Gross margin was 22.4%, representing an increase of 490 basis points from 17.5% in the same quarter of fiscal 2022, which is primarily due to improvement of gross margin of private label products and increased proportion of pet supplies and health care products with higher margins.
Operating expenses were RMB80.6million, representing a decrease of 17.7% from RMB97.9 million in the same quarter of fiscal year 2022. Operating expenses as a percentage of total revenues was 25.6%, down from 30.4% in the same quarter of fiscal year 2022.
Fulfillment Expenses were RMB37.4 million, compared to RMB32.9 million in the same quarter of fiscal year 2022. Fulfillment expenses as a percentage of total revenues were 11.8%, compared to 10.2% in the same quarter of fiscal year 2022. The increase was primarily due to increased shipping and handling expenses, which resulted from temporary logistics price increases and transportation restrictions due to the outbreak of Covid-19 in Shanghai starting from April 2022.
Sales and marketing expenses were RMB31.7 million, representing a decrease of 30.3% from RMB45.5 million in the same quarter of fiscal year 2022. The decrease was primarily due to the decline of advertising expenses amount to RMB14 million resulting from(i) the lower expenditure for cost saving; (ii) the increased proportion of revenue generated from more cost-efficient channels. Sales and marketing expenses as a percentage of total revenue were 10.1%, down from 14.1% in the same quarter of fiscal year 2022.
General and administrative expenses were RMB11.5 million, representing a decrease of 41.0% from RMB19.6 million in the same quarter of fiscal year 2022. The decrease was primarily due to:(i) the decline of share-based compensation expense of RMB6.0 million, resulting form the cancellation of options corresponding to employee departures; (ii) the decline of professional fees amount to RMB1.2 million compared with the same quarter of fiscal year 2022, General and administrative expenses as a percentage of total revenue were 3.7%, down from 6.1% in the same quarter of fiscal year 2022.
Operating loss was RMB9.8 million (US$1.5 million), representing a decrease of 76.4% compared to RMB41.5 million in the same quarter of fiscal year 2022.
Net loss was RMB12.4 million (US$1.9 million), representing a decrease of 66.8% compared to net loss of RMB37.4 million in the same quarter of fiscal year 2022.
EBITDA was a loss of RMB9.0 million (US$1.3 million), representing a decrease of 74.6% compared to a loss of RMB35.6 million in the same quarter of fiscal year 2022.
Non-GAAP net loss was RMB10.5 million (US$1.6 million), representing a decrease of 66.7% compared to non-GAAP net loss of RMB31.5 million in the same quarter of fiscal year 2022.
Diluted net loss per share was RMB0.18 (US$0.03), compared to diluted net loss per share of RMB0.52 in the same quarter of fiscal year 2022.
Total cash and cash equivalents and short-term investments were RMB247.4 million (US$36.9 million), compared to RMB290.9 million as of March 31, 2022.
Conference Call
Boqii's management will hold a conference call to discuss the financial results at 8:00 AM on Thursday September 15, 2022, U.S. Eastern Time (8:00 PM on Thursday, September 15, 2022, Beijing/Hong Kong Time).
To join the conference, please dial in 15 minutes before the conference is scheduled to begin using below numbers.
A replay of the conference call may be accessed by phone at the following numbers until September 15, 2022.
A live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.boqii.com/.
About Boqii Holding Limited
Boqii Holding Limited (NYSE: BQ) is a leading pet-focused platform in China. We are the leading online destination for pet products and supplies in China with our broad selection of high-quality products including global leading brands, local emerging brands, and our own private label, Yoken and Mocare, offered at competitive prices. Our online sales platforms, including Boqii Mall and our flagship stores on third-party e-commerce platforms, provide customers with convenient access to a wide selection of high-quality pet products and an engaging and personalized shopping experience. Our Boqii Community provides an informative and interactive content platform for users to share their knowledge and love for pets.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward- looking statements involve inherent risks and uncertainties. Further information regarding such risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
Non-GAAP Financial Measures
The Company uses non-GAAP financial measures, namely non-GAAP net loss, non-GAAP net loss margin, EBITDA and EBITDA margin, in evaluating its operating results and for financial and operational decision-making purposes. The Company defines (i) non-GAAP net loss as net loss excluding fair value change of derivative liabilities and share-based compensation expenses, (ii) non-GAAP net loss margin as non-GAAP net loss as a percentage of total revenues, (iii) EBITDA as net loss excluding income tax expenses, interest expense, interest income, depreciation and amortization expenses, (iv) EBITDA margin as EBITDA as a percentage of total revenues. The Company believes non-GAAP net loss, non-GAAP net loss margin, EBITDA and EBITDA margin enhance investors' overall understanding of its financial performance and allow for greater visibility with respect to key metrics used by its management in its financial and operational decision-making.
These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. As these non-GAAP financial measures have limitations as analytical tools and may not be calculated in the same manner by all companies, they may not be comparable to other similarly titled measures used by other companies. The Company compensates for these limitations by reconciling the non-GAAP financial measures to the nearest U.S. GAAP performance measures, which should be considered when evaluating the Company's performance. For reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, please see the section of the accompanying tables titled, "Reconciliation of GAAP and non-GAAP Results." The Company encourages investors and others to review its financial information in its entirety and not rely on any single financial measure.
Exchange Rate
This press release contains translations of certain RMB amounts into U.S. dollars ("USD") at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to USD were made at the rate of RMB6.6981 to US$1.00, the noon buying rate in effect on June 30, 2022 in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or USD amounts referred to could be converted into USD or RMB, as the case may be, at any particular rate or at all.
For investor and media inquiries, please contact:
In China:
Boqii Holding Limited
Investor Relations
Tel: +86-21-6882-6051
Email: ir@boqii.com
DLK Advisory Limited
Tel: +852-2857-7101
Email: ir@dlkadvisory.com
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SOURCE Boqii Holding Limited | https://www.wibw.com/prnewswire/2022/09/15/boqii-announces-fiscal-2023-first-quarter-unaudited-financial-results/ | 2022-09-15T10:43:10Z |
New York State's Only Black Trans-led LGBTQ+ Center Hosts Bronx Pride Week in Partnership with TD Bank, SoBro and Montefiore Health Systems
BRONX, N.Y., June 1, 2022 /PRNewswire/ -- LGBTQ+ center Destination Tomorrow will host its annual Bronx Pride Week in New York from June 14 to 18. Deemed "The People's Pride," the grassroots organization will celebrate the LGBTQ+ community through a week of free events, performances and other festivities. Destination Tomorrow has teamed up with various organizations, both LGBTQ+ focused and community-driven, for a series of events, including a movie screening and a celebration of local LGBTQ+ leaders at the Bronx Borough President Annual Pride Event with Vanessa Gibson. Bronx Pride Week will conclude with the famous Bronx Pride Festival, hosted by pop culture LGBTQ+ icons Kandy Muse, the top finalist from RuPaul's Drag Race, and Karen Mercedez, TheSilent Celeb from the Netflix Series "The Circle."
"We are so excited to host our annual Bronx Pride Week to celebrate the LGBTQ+ community in our borough," said Sean Ebony Coleman, Destination Tomorrow's founder and executive director. "With the current political climate targeting LGBTQ+ rights and freedom across the country, we are proud to offer a safe space for individuals to express who they are free of judgment. Our Bronx Pride Week is open to everybody, not just those identifying as LGBTQ+ because, among all this noise in our country, it is important to take time for joy and to embrace individuality and identity across communities."
A screening of LGBTQ+ short films in partnership with the Bronx Film Collective and Stonewall CDC will kick off Bronx Pride on Tuesday, featuring a Q&A with the filmmakers and free food. The Bronx Borough President Annual Pride Event with Vanessa Gibson, the Bronx LGBTQ Expo and a pre-Juneteenth intergenerational cookout with the organization SAGE-Bronx, complete with games, prizes and nature tours of Crotona Park, will follow later in the week. All events are free of charge and only the movie screening requires tickets (available at tbxf.org). The annual celebration will culminate on Saturday with the biggest event, the Bronx Pride Festival. Open to the public, the festival will have games, food, prizes and an entertainment showcase. Alongside the two hosts, Muse and Mercedez, nationally-recognized LGBTQ+ performers are also set to be at the festival, including Seduction, the House of Miyake-Mugler, Sinia Alaia, Antaeus and more. The following is a full list of events.
A comprehensive list of events for the week is as follows:
- June 14, Our Gaze LGBTQ+ Short Films Screening from 6:30 p.m. - 9 p.m. at 448 East 149th Street Bronx, New York
- June 15, the Bronx Borough President Annual Pride from 6 p.m. - 9 p.m., at Rosa's At Park Restaurant
- June 16, the Bronx LGBT Expo from 12 p.m. - 7 p.m. with a tribute to Jose Ramon, founder and creator of The Bronx LGBTQ Expo and The White Shirt Project from 12 p.m. - 4 p.m. at the Bronx Museum of the Arts
- June 17, a pre-Juneteenth, inter-generational cookout at 2:00 p.m. in Crotona Park (located at N and Prospect Ave)
- June 18, the Bronx Pride Week Festival from 12 p.m. - 6 p.m. at Westchester Ave. between Brook Ave. and Bergen Ave.
Since opening in 2009, Destination Tomorrow has provided many resources to the New York community, including healthcare, career readiness and financial literacy. Having served over 50,000 members in the Bronx, Coleman aims to provide a space and a strong foundation for LGBTQ+ individuals, specifically Trans and Gender-Nonconforming folks.
This year's Pride comes at a time when the rights of LGBTQ+ individuals, specifically those of Transgender experience, are being attacked. With more than 300 anti-LGBTQ+ bills proposed in the United States just in 2022, Destination Tomorrow's overall aim is to create a community where every individual can be celebrated and recognized for their identity. The center welcomes everybody to Bronx Pride to come together as the LGBTQ+ community of the Bronx and celebrate.
For media inquiries regarding Destination Tomorrow, please contact Lisa Burkert at 917-929-0123 or lisa@thetascgroup.com.
Sean Ebony Coleman is the founder and executive director of Destination Tomorrow, a national LGBTQ organization with centers located in the South Bronx and Atlanta, serving the community through educational, financial, housing, health and personal support programs. The grassroots organization puts an emphasis on providing support to vulnerable members of the LGBTQ community that takes them off the path of requiring emergency care, focusing on economic, social and mental empowerment on a holistic level. As a nationally recognized leader in the Transgender community and the first African American of Transgender experience to operate a LGBTQ center in the state of New York, Sean plays a key role in advocating for policies that directly impact the lives of millions of LGBTQ individuals. Through Gilead Science's TRANScend Community Impact Fund, Sean is the only Black Trans grantmaker in the country, providing crucial funding to Transgender and Gender Nonconforming-led grassroots organizations nationally. Sean is also the founder and managing partner of Sean Ebony Coleman Consulting, where he has worked with companies including Unilever, Lululemon and Equinox on campaigns and DEI strategies to support the LGBTQ community.
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SOURCE Destination Tomorrow | https://www.mysuncoast.com/prnewswire/2022/06/01/destination-tomorrow-host-annual-bronx-pride-week-june-14-june-18/ | 2022-06-01T15:31:48Z |
Waterfall's industrial cybersecurity products are trusted by critical infrastructures worldwide
PARIS, Sept. 13, 2022 /PRNewswire/ -- Waterfall Security Solutions, the Operational Technology (OT) security company, today announced a collaboration agreement to secure safety-critical and reliability-critical operations networks for railways and public transport with Alstom, the global leader in smart and green mobility. Increased digitalization and interconnectivity in rail systems enhance system efficiencies and the passenger experience, but also make transport infrastructures more exposed to cyber-attacks. In a world driven by digital, having assurance that data and connected systems are protected is a basic requirement to ensure continuous operations for all transport authorities.
This partnership is an important response to the growing digitalization and connectivity in metros and railways. It is also in line with the rail industry's own acknowledgment that cyber threats must be made a priority. This priority is reflected in Europe's new TS 50701 standard and the new US TSA 1580-21-01 and 1582-21-01 Security Directives.
"Operational efficiency and enhanced passenger experience are two clear focuses for Alstom. The increased network integration that is needed to achieve these goals are exposing railway networks to new and evolving threats," said Eddy Thésée, Vice President Cybersecurity at Alstom. "Our partners ability to provide physical protection of OT and control networks while seamlessly integrating those networks with business automation systems has become essential to efficient operation."
"Our global partnership with Alstom is driven by a shared commitment to secure critical infrastructures such as railways, metros, and light train systems," said Lior Frenkel, CEO and Co-Founder at Waterfall. "Together, we bring to public transport operators Waterfall's expertise and technologies, which have been proven and applied in other critical infrastructures, including electric power, oil & gas and water treatment systems. Together, we will support rail operators in their challenge to meet cybersecurity imperatives, standards and legal requirements."
About Waterfall Security Solutions
Waterfall Security Solutions is the OT security company, producing a family of Unidirectional Gateway technologies and products that enable enterprise-wide visibility for operations, with disciplined control. Waterfall products represent an evolutionary alternative to firewalls. The company's growing list of customers includes national infrastructures, power plants, nuclear plants, off and on shore oil and gas facilities, refineries, manufacturing plants, utility companies, and many more. Deployed throughout North America, Europe, the Middle East and Asia, Waterfall products support the widest range of leading industrial remote monitoring platforms, applications, databases, and protocols in the market. For more information, visit www.waterfall-security.com.
Contact:
Anna Plot
Waterfall Security Solutions
info@waterfall-security.com
Photo - https://mma.prnewswire.com/media/1896071/Waterfall_Security_Solutions.jpg
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SOURCE Waterfall Security Solutions | https://www.kxii.com/prnewswire/2022/09/13/waterfall-security-announces-cybersecurity-partnership-with-alstom/ | 2022-09-13T14:16:53Z |
With new partnership, Katz School cybersecurity students master cyber defense skills to beat the best hackers using real-world SOC and cyber range.
NEW YORK and RA'ANANA, Israel , June 15, 2022 /PRNewswire/ -- Yeshiva University's Katz School of Science and Health is adding a new dimension to its cutting-edge M.S. in Cybersecurity through a partnership with Cyberbit, provider of the world's leading cybersecurity skill development platform. Using Cyberbit's hyper-realistic simulations as a training ground, Katz School cybersecurity students will have the opportunity to hone their cyber defense skills in a real-world SOC and cyber range. Students will practice against multiple attack types and vectors, experience operating on virtual enterprise networks, and work with commercial grade security tools like firewalls, endpoint detection and response (EDR) and SIEM platforms. Cyberbit also offers the only cyber range platform where students can experience MITRE ATT&CK Tactics and Techniques across the entire cyber-attack lifecycle.
Katz School's on-campus cybersecurity students will access the Cyberbit platform in a state-of-the-art SOC and cyber range on the school's Midtown Manhattan campus. Online cybersecurity students will have simultaneous remote access to the labs, where they will be able to collaborate with their New York City peers in real-time.
"This is a game-changer—for Katz students and for cybersecurity education overall," said Paul Russo, University Vice Provost and Dean of the Katz School of Science and Health. "At Katz, our mission is to do more than just graduate students in the field of cybersecurity. Our mission is to meet the needs of industry for next-gen cybersecurity experts who will make the nation and the world safer. The SOC and cyber range give students unprecedented access to real-world scenarios and simulations, cutting-edge tools and techniques, and live-fire attacks—so they can master the cyber defense skills needed to beat the best hackers. This is the hands-on experience that CISOs in every industry are seeking, and very few programs provide this level of real-world training."
"While theoretical knowledge and certifications are intrinsic to cybersecurity training and education, they are no substitute for hands-on experience. You need the whole package—and the Katz School's cybersecurity program does both," said Sivan Tehila, Director of the M.S. in Cybersecurity. "By providing hands-on experience in addition to traditional cybersecurity education, students are exposed to the most relevant technology and networks, hone critical soft skills like teamwork and communication and will begin their careers already experienced in mitigating attacks. This is demonstrable expertise and is something our graduates can put on their resumes."
Currently, 95% of Katz School graduates are employed within six months of graduation. This new partnership will further prepare Katz School's cybersecurity students for great jobs and impactful careers, arming them with the real-world cyber defense skills they need to become leaders in the field and providing them with a substantial advantage when applying for jobs.
"We're excited to provide the platform supporting Katz School's SOC and cyber range," said Adi Dar, CEO of Cyberbit. "Information security leaders are seeking graduates that are equipped with next-generation hands-on skills, allowing them to be operational in minimal time once hired. Katz School's innovative vision will deliver workforce-ready graduates, prepared with the skills that will allow them to excel in their careers."
About the Katz School of Science and Health
We are research scientists, tech builders and patient-centered clinicians working on problems that matter. We concentrate our energy on industries that are central to the modern economy: Artificial Intelligence, Biotechnology, Cybersecurity, Data Analytics and Digital Media, as well as Occupational Therapy, Physician Assistant Studies, and Speech-Language Pathology. In the lab, classroom, and clinic, we are committed to making the world safer, smarter, and healthier.
About Cyberbit
Cyberbit provides the global leading attack readiness platform for enabling SOC teams to maximize their performance when responding to cyberattacks. The Platform empowers security leaders to make the most of their cybersecurity investment by boosting the impact of the human element in their organization. Cyberbit delivers hyper-realistic attack simulation mirroring real-world scenarios. It enables security leaders to dramatically reduce MTTR, dwell time and cybercrime costs, improve hiring and onboarding, and increase employee retention. Customers include Fortune 500 companies, MSSPs, systems integrators, governments, and leading healthcare providers.
If you would like more information about Cyberbit, please contact Susan Green at Susan.Green@cyberbit.com.
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SOURCE Cyberbit | https://www.kxii.com/prnewswire/2022/06/15/katz-school-cyberbit-partner-create-next-gen-cybersecurity-professionals-leaders/ | 2022-06-15T14:45:05Z |
Domestic violence through family phone plans: how lawmakers are stepping up to help tech abuse survivors
The Safe Connections Act is a bipartisan measure aimed at ending abuse through family phone plans.
WASHINGTON (Gray DC) - “Digital devices in particular can be very powerful tools that can be manipulated by people to do good, but also to do harm.” Dr. Thomas Kadri said about tech abuse.
Tech abuse includes GPS stalking, password theft, or hacking photo libraries– crimes involving technology committed by family or a partner.
“This is a form of abuse that is rising,” Kadri said.
Kadri, a law professor at the University of Georgia, works with domestic violence survivors through the Clinic to End Tech Abuse.
He recently testified before Congress, explaining the challenges some people in abusive relationships have with family phone plans.
It can be difficult for someone to opt out of a family phone plan when their abuser is the account holder. The survivor may have to change their phone number, at a time when they need to be able to connect with loved ones for help.
Rep. Annie Kuster (D-N.H.) is a co-sponsor of the Safe Connections Act. The bill would require wireless carriers to separate the phone lines of a person and their alleged abuser within two days of receiving documentation of the alleged abuse. The cell companies would also have to advertise this option.
“This is one of the issues that holds people back,” Kuster said. “And we want to make sure that they can get to a place of safety.”
We asked CTIA-The Wireless Association if they support the bill. In a statement, they told the Washington News Bureau:
“The wireless industry supports the Safe Connections Act and applauds the work done by Senator Schatz, Senator Fischer, Representative Kuster, Representative Walberg and Representative Eshoo on this important piece of legislation. We will continue to collaborate with these legislators to ensure that we meet our shared goal of protecting survivors of domestic violence and get the bill enacted into law.”
The bill has bipartisan support, and already passed in the Senate. Members of Congress expect to see it become law later this summer.
Copyright 2022 Gray DC. All rights reserved. | https://www.wibw.com/2022/07/21/domestic-violence-through-family-phone-plans-what-congress-is-doing-end-tech-abuse/ | 2022-07-21T14:22:50Z |
Los Angeles Lakers fire head coach Frank Vogel after disappointing season
By CNN Sport Staff
The Los Angeles Lakers have fired head coach Frank Vogel after the franchise missed out on the NBA playoffs this season.
Despite a victory over the Denver Nuggets in his final game on Sunday, Vogel was unable to steer the squad into the postseason after the Lakers suffered eight consecutive defeats from March 24 to April 8.
Rob Pelinka, the team’s vice president of basketball operations and General Manager, announced the decision via a news release.
“I have a tremendous amount of respect for Frank both on and off the court. Frank is a great coach and a good man. We will forever be grateful to him for his work in guiding us to the 2019-20 NBA championship.
“This is an incredibly difficult decision to make, but one we feel is necessary at this point. All of us here wish Frank and his wonderful family all the best for the future,” Pelinka stated.
When Lakers star forward LeBron James was asked about Vogel’s situation ahead of the team statement release, James said, “I respect Frank as a coach, as a man. Our partnership that we have had over a few years here has been nothing but just candid with great conversations. This guy gives everything to the game and prepared us every single night along with his coaching staff as well. … I got nothing but respect for him.”
In Vogel’s first season at the helm, he led the Lakers to a 52-19 record and the franchise’s 17th NBA title, tying the Boston Celtics for most championships in league history, during the Covid-19 pandemic-shortened 2019-2020 during the Covid-19 bubble season in Orlando, Florida.
Last season, Los Angeles lost to the eventual Western Conference champion, Phoenix Suns, in the first round of the playoffs.
Vogel compiled an 127-98 regular season and 18-9 postseason record with the Lakers.
Overall, the 48-year-old has a 431-389 regular season record, 48-39 in postseason in 11 seasons with the Lakers, Orlando Magic and Indiana Pacers.
Vogel had signed a contract extension last year to keep him at the Lakers until 2023, but the team struggled this season, due in part to injuries.
Star players LeBron James and Anthony Davis both spent time on the sidelines as a lack of consistency proved ultimately fatal for Vogel’s reign.
Vogel seemed unsure about his future with the team when asked about his job on Sunday.
“I haven’t been told sh*t and I’m going to enjoy tonight’s game, celebrate what these young guys did in terms of scratching and clawing and getting back in this game and getting a W, and we’ll deal with tomorrow tomorrow,” he told reporters.
The Lakers concluded their disaster of a season with a record of 33-49, finishing 11th in the West.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/sports/cnn-sports/2022/04/11/los-angeles-lakers-fire-head-coach-frank-vogel-after-disappointing-season/ | 2022-04-11T20:41:18Z |
CALGARY, AB, June 30, 2022 /PRNewswire/ - Vermilion Energy Inc. ("Vermilion", "We", "Our", "Us" or the "Company") (TSX: VET) (NYSE: VET) is pleased to announce that the Toronto Stock Exchange ("TSX") has approved the notice of Vermilion's intention to commence a normal course issuer bid ("NCIB") through the facilities of the Toronto Stock Exchange ("TSX"), New York Stock Exchange and other alternative trading platforms in Canada and USA.
The NCIB allows Vermilion to purchase up to 16,076,666 common shares, representing approximately 10% of its public float as at June 22, 2022, over a twelve month period commencing on July 6, 2022. The NCIB will expire no later than July 5, 2023. The total number of common shares Vermilion is permitted to purchase on the TSX is subject to a daily purchase limit of 513,299 common shares, representing 25% of the average daily trading volume of 2,053,198 common shares on the TSX calculated for the six-month period ended May 31, 2022; however, Vermilion may make one block purchase per calendar week which exceeds the daily repurchase restrictions. Any common shares that are purchased under the NCIB will be cancelled upon their purchase by Vermilion.
In connection with the NCIB, Vermilion will enter into an automatic purchase plan ("ASPP") with its designated broker to allow for purchases of its common shares during self-imposed blackout periods. Such purchases would be at the discretion of the broker based on parameters provided by the Company prior to any self-imposed blackout period or any period when it is in possession of material undisclosed information. The ASPP has been pre-cleared, as required by the TSX. Outside of these blackout periods, common shares may be purchased under the NCIB in accordance with Management's discretion.
Vermilion has a long history of returning capital to its shareholders as we have paid out over $40 per share in dividends since 2003. Our primary focus over the past two years has been on debt reduction and we have made significant progress allowing us to reinstate shareholder returns. In addition, we have increased our European gas production which has increased our international cash flows to 60%, consistently delivered production within market guidance and significantly increased the depth and quality of our North America drilling inventory. As a first step in resuming our return of capital to shareholders, we implemented a modest quarterly dividend earlier this year and we were clear about our intention to further augment shareholder returns as debt targets were achieved. With a clear line of sight to achieving our next mid-cycle(1) debt target of $1.2 billion, a greater proportion of free cash flow(2) can now be directed to our shareholders. Share buybacks continue to screen as one of the most compelling options for returning capital as we believe our common shares are trading at a price that does not appropriately reflect value relative to the $1.8 billion(3) pro forma free cash flow projected for 2022. At our current share price, the full execution of this NCIB would represent less than one-quarter of our projected 2022 pro forma free cash flow. Our international and diversified portfolio generates robust free cash flow due to the top decline netback, low decline and strong capital efficiencies.
We look forward to sharing further details on our return of capital framework with our Q2 2022 release in August.
About Vermilion
Vermilion is an international energy producer that seeks to create value through the acquisition, exploration, development and optimization of producing assets in North America, Europe and Australia. Our business model emphasizes free cash flow generation and returning capital to investors when economically warranted, augmented by value-adding acquisitions. Vermilion's operations are focused on the exploitation of light oil and liquids-rich natural gas conventional resource plays in North America and the exploration and development of conventional natural gas and oil opportunities in Europe and Australia.
Vermilion's priorities are health and safety, the environment, and profitability, in that order. Nothing is more important to us than the safety of the public and those who work with us, and the protection of our natural surroundings. We have been recognized by leading ESG rating agencies for our transparency on and management of key environmental, social and governance issues. In addition, we emphasize strategic community investment in each of our operating areas.
Employees and directors hold approximately 4% of our outstanding shares and are committed to delivering long-term value for all stakeholders. Vermilion trades on the Toronto Stock Exchange and the New York Stock Exchange under the symbol VET.
Disclaimer
Certain statements included or incorporated by reference in this document may constitute forward-looking statements or financial outlooks under applicable securities legislation. Such forward-looking statements or information typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", or similar words suggesting future outcomes or statements regarding an outlook. Forward looking statements or information in this document may include, but are not limited to: capital expenditures and Vermilion's ability to fund such expenditures; Vermilion's additional debt capacity providing it with additional working capital; the flexibility of Vermilion's capital program and operations; business strategies and objectives; operational and financial performance; estimated volumes of reserves and resources; petroleum and natural gas sales; future production levels and the timing thereof, including Vermilion's 2022 guidance, and rates of average annual production growth; the effect of changes in crude oil and natural gas prices, changes in exchange rates and significant declines in production or sales volumes due to unforeseen circumstances; the effect of possible changes in critical accounting estimates; statements regarding the growth and size of Vermilion's future project inventory, and the wells expected to be drilled in 2022; exploration and development plans and the timing thereof; Vermilion's ability to reduce its debt, including its ability to redeem senior unsecured notes prior to maturity; statements regarding Vermilion's hedging program, its plans to add to its hedging positions, and the anticipated impact of Vermilion's hedging program on project economics and free cash flows; the potential financial impact of climate-related risks; acquisition and disposition plans and the timing thereof; operating and other expenses, including the payment and amount of future dividends; royalty and income tax rates and Vermilion's expectations regarding future taxes and taxability; and the timing of regulatory proceedings and approvals.
Such forward-looking statements or information are based on a number of assumptions, all or any of which may prove to be incorrect. In addition to any other assumptions identified in this document, assumptions have been made regarding, among other things: the ability of Vermilion to obtain equipment, services and supplies in a timely manner to carry out its activities in Canada and internationally; the ability of Vermilion to market crude oil, natural gas liquids, and natural gas successfully to current and new customers; the timing and costs of pipeline and storage facility construction and expansion and the ability to secure adequate product transportation; the timely receipt of required regulatory approvals; the ability of Vermilion to obtain financing on acceptable terms; foreign currency exchange rates and interest rates; future crude oil, natural gas liquids, and natural gas prices; and management's expectations relating to the timing and results of exploration and development activities.
Although Vermilion believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because Vermilion can give no assurance that such expectations will prove to be correct. Financial outlooks are provided for the purpose of understanding Vermilion's financial position and business objectives, and the information may not be appropriate for other purposes. Forward-looking statements or information are based on current expectations, estimates, and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Vermilion and described in the forward-looking statements or information. These risks and uncertainties include, but are not limited to: the ability of management to execute its business plan; the risks of the oil and gas industry, both domestically and internationally, such as operational risks in exploring for, developing and producing crude oil, natural gas liquids, and natural gas; risks and uncertainties involving geology of crude oil, natural gas liquids, and natural gas deposits; risks inherent in Vermilion's marketing operations, including credit risk; the uncertainty of reserves estimates and reserves life and estimates of resources and associated expenditures; the uncertainty of estimates and projections relating to production and associated expenditures; potential delays or changes in plans with respect to exploration or development projects; Vermilion's ability to enter into or renew leases on acceptable terms; fluctuations in crude oil, natural gas liquids, and natural gas prices, foreign currency exchange rates and interest rates; health, safety, and environmental risks; uncertainties as to the availability and cost of financing; the ability of Vermilion to add production and reserves through exploration and development activities; the possibility that government policies or laws may change or governmental approvals may be delayed or withheld; uncertainty in amounts and timing of royalty payments; risks associated with existing and potential future law suits and regulatory actions against Vermilion; and other risks and uncertainties described elsewhere in this document or in Vermilion's other filings with Canadian securities regulatory authorities.
The forward-looking statements or information contained in this document are made as of the date hereof and Vermilion undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events, or otherwise, unless required by applicable securities laws.
Financial data contained within this document are reported in Canadian dollars unless otherwise stated.
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SOURCE Vermilion Energy Inc. | https://www.wibw.com/prnewswire/2022/07/04/vermilion-energy-inc-receives-tsx-approval-normal-course-issuer-bid/ | 2022-07-04T12:33:10Z |
Hall of Fame Resort's Michael Crawford champions a good corporate culture
ALLIANCE – Michael Crawford reveres a corporate culture that connects with its customers and employees.
He has worked for two companies ― Disney and Four Seasons ― that made culture a priority. He now runs the Hall of Fame Resort and Entertainment Co. in Canton, where culture is important.
"It's magical when you connect," Crawford said Thursday night at the University of Mount Union.
More:Hall of Fame Resort wants shareholders to approve reverse stock split
More:'I think we’re doing it all.' Michael Crawford sees Hall of Fame Village moving forward
Crawford, president and CEO, kicked off the school's Lecture Series this year with the Heffern Lecture in Brush Performance Hall. The topic was "Building a Team Culture to Meet Any Challenge."
Crawford, who also teaches some business courses at Mount Union, was introduced on stage by Amber Hunt, associate professor of finances.
Crawford began his 25-year career at Disney as a valet and ticket taker, moving up the corporate ladder until he became a senior executive in charge of Shanghai Disney Resort.
Then Crawford, an Ohio native, spent nearly five years with Four Seasons Hotels and Resorts before he was offered a chance to return home and run the Hall of Fame Village complex.
In the Hall of Fame Village, Crawford said he saw a chance to take the cultural lessons he learned from his time with Disney and Four Seasons and instill them in a new venture.
He told the audience a successful corporation will know its purpose and how to execute it. That purpose helps support the corporate culture.
He said the purpose should be simple, resilient, inclusive, service-oriented and consistent.
Disney "will do whatever it takes to make sure people leave happy," Crawford said.
He also said corporations should be supportive and adaptable to customer and employee needs.
For example, he said potential hires want flexible schedules now. A company with a good culture and purpose will adapt to this need, not reject it, Crawford said.
Like his previous employers, Crawford said he is trying to build a culture at the Hall of Fame Village that connects and provides exceptional service to everyone.
The next lecture will be Oct. 14 at Brush Hall featuring writer and activist E. Ethelbert Miller; followed by actor John Andrew Morrison on Oct. 24.
Reach Benjamin Duer at 330-580-8567 or ben.duer@cantonrep.com.
Follow on Twitter @bduerREP | https://www.cantonrep.com/story/news/local/alliance/2022/09/09/michael-crawford-hall-fame-mount-union-culture-2022/65742832007/ | 2022-09-09T11:01:52Z |
WASHINGTON (AP) — The Environmental Protection Agency moved Friday to designate two “forever chemicals” used in cookware, carpets and firefighting foams as hazardous substances, a step that would clear the way for quicker cleanup of the toxic compounds, which have been linked to cancer and other health problems.
Designation as a hazardous substance under the so-called Superfund law doesn’t ban the chemicals. But it requires that releases of PFOA and PFOS into soil or water be reported to federal, state or tribal officials if they meet or exceed certain levels. The EPA could then require cleanups to protect public health and recover cleanup costs.
PFOA and PFOS have been voluntarily phased out by U.S. manufacturers but are still in limited use and remain in the environment because they do not degrade over time. The compounds are part of a larger cluster of “forever chemicals” known as PFAS that have been used in consumer products and industry since the 1940s. The term is short for per- and polyfluoroalkyl substances, which have been used in nonstick frying pans, water-repellent sports gear, stain-resistant rugs, cosmetics and countless other consumer products.
The chemicals can accumulate and persist in the human body for long periods of time, and evidence from animal and human studies indicates that exposure to PFOA or PFOS may lead to cancer or other health problems.
“Communities have suffered far too long from exposure to these forever chemicals,” EPA Administrator Michael Regan said in a statement Friday. “The action announced today will improve transparency and advance EPA’s aggressive efforts to confront this pollution.”
Under the proposed rule, “EPA will both help protect communities from PFAS pollution and seek to hold polluters accountable for their actions,” Regan said. The rule is expected to become final next year.
The Superfund law allows the EPA to clean up contaminated sites and forces parties responsible for the contamination to either perform cleanups or reimburse the government for EPA-led cleanup work. When no responsible party can be identified, Superfund gives EPA money and authority to clean up contaminated sites.
The EPA’s action follows a recent report by the National Academies of Science that calls PFAS a serious public health threat in the U.S. and worldwide. It comes after an EPA announcement in June that PFOA and PFOS are more dangerous than previously thought and pose health risks even at levels so low they cannot currently be detected.
The agency issued nonbinding health advisories that set health risk thresholds for PFOA and PFOS to near zero, replacing 2016 guidelines that had set them at 70 parts per trillion. The chemicals are found in products including cardboard packaging, carpets and firefighting foam and increasingly found in drinking water.
The EPA said in a statement that it is focused on holding responsible companies that manufactured and released significant amounts of PFOA and PFOS into the environment and will not target individual landowners or farmers “who may have been inadvertently impacted by the contamination.” The agency also said it is committed to further outreach and engagement to hear from communities affected by PFAS pollution.
Erik Olson, a health and food expert at the Natural Resources Defense Council, called the announcement an important step to clean up hundreds of contaminated sites across the country and protect millions of families exposed to the toxic chemicals.
“Listing PFOA and PFOS as hazardous under Superfund law should allow EPA to hold polluters responsible for that contamination,” he said. “Ratepayers and public utilities should not be footing the bill for industry’s decades of wonton use of these dangerous chemicals.”
Attorney Rob Bilott, an anti-PFAS advocate, said the EPA’s proposal “sends a loud and clear message to the entire world that the United States is finally acknowledging and accepting the now overwhelming evidence that these man-made poisons present substantial danger to the public health and the environment.”
Bilott, whose work to uncover the widespread presence of PFAS chemicals in the environment and in human blood was highlighted in the 2019 film “Dark Waters,” said the EPA must work to ensure that costs of cleaning up the toxins are borne by PFAS manufacturers that caused the contamination — “not the innocent victims of this pollution who didn’t create the toxins and were never warned any of this was ever happening.”
Sen. Shelley Moore Capito, R-W.Va., said she supports strong action to address PFAS contamination in West Virginia and across the country but was concerned about “the unintended consequences that today’s proposal could have.”
If finalized, “property owners, farmers, employers, essential utilities and individuals may be liable for unknowingly having PFAS on their land, even if it was there years or even generations prior to ownership and came from an unknown source,” Capito said.
She urged the EPA to develop an enforceable drinking water standard to promote the health and safety of all Americans.
The American Chemistry Council, which represents major chemical companies, called the EPA’s proposal “an expensive, ineffective and unworkable means to achieve remediation for these chemicals.”
Listing the chemicals under Superfund could harm local fire departments, water utilities, small businesses, airports and farmers, the group said. “The proposed (Superfund) designation would impose tremendous costs on these parties without defined cleanup standards,” the council said in a statement.
The EPA said it expects to propose national drinking water regulations for PFOA and PFOS later this year, with a final rule expected in 2023.
___
Follow the AP’s coverage of the Environmental Protection Agency at https://apnews.com/hub/us-environmental-protection-agency. | https://cw33.com/health/ap-health/ap-epa-to-designate-forever-chemicals-as-hazardous-substances/ | 2022-08-27T11:13:44Z |
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PARIS, May 30, 2022 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) has completed, through its subsidiary CGI France SAS ("CGI France"), the previously announced acquisition of Harwell Management, a leading management consulting firm specializing in financial services for the French market. As the demand for management consulting services rises worldwide, CGI continues to broaden its capabilities to ensure the delivery of end-to-end capabilities, deep industry knowledge and experience, close collaboration, and trusted partnership for clients in France and across the globe.
Founded in 2009, Harwell Management has 150 employees who will join CGI Business Consulting in France, expanding its offerings in various financial services segments, including retail banking, corporate and investment banking, capital markets, insurance and healthcare mutuals, as well as other specialized financial services, such as leasing, personal financing and factoring.
"Joining together with Harwell Management enables us to provide a broader range of consulting support for our clients across the entire financial services value chain," said Laurent Gerin, President, Western and Southern Europe, CGI. "The merger also acts as a catalyst for CGI's organic growth strategy to the benefit of all CGI stakeholders—employees, clients, and shareholders. I am delighted to welcome the Harwell Management team to CGI."
"Our 800 consultants within CGI Business Consulting join me in warmly welcoming the 150 consultants of Harwell Management," said Pierre-Dominique Martin, Senior Vice President, CGI Business Consulting. "We share a common corporate culture and core values. This merger gives us the opportunity to consolidate our capabilities and accelerate our unique, value-driven consulting approach for financial services clients."
"We are honored to join the CGI Business Consulting team. Together, we are committed to delivering a high level of performance for our clients, offering excellent career opportunities to all our employees, and strengthening the positioning of CGI Business Consulting as the strategic partner of choice for organizations within the financial sector." said Franck Benzoni and Christophe Da Cunha, founders of Harwell Management.
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 84,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2021 reported revenue is $12.13 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.
This press release contains "forward-looking information" within the meaning of Canadian securities laws and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and other applicable United States safe harbours. All such forward-looking information and statements are made and disclosed in reliance upon the safe harbour provisions of applicable Canadian and United States securities laws.
Forward-looking information and statements include all information and statements regarding CGI's intentions, plans, expectations, beliefs, objectives, future performance, and strategy, as well as any other information or statements that relate to future events or circumstances and which do not directly and exclusively relate to historical facts. Forward-looking information and statements often but not always use words such as "believe", "estimate", "expect", "intend", "anticipate", "foresee", "plan", "predict", "project", "aim", "seek", "strive", "potential", "continue", "target", "may", "might", "could", "should", and similar expressions and variations thereof.
These information and statements are based on our perception of historic trends, current conditions and expected future developments, as well as other assumptions, both general and specific, that we believe are appropriate in the circumstances.
Such information and statements are, however, by their very nature, subject to inherent risks and uncertainties, of which many are beyond the control of CGI, and which give rise to the possibility that actual results could differ materially from our expectations expressed in, or implied by, such forward-looking information or forward-looking statements. These risks and uncertainties include but are not restricted to: risks related to the market such as the level of business activity of our clients, which is affected by economic and political conditions, additional external risks (such as pandemics, armed conflict and inflation) and our ability to negotiate new contracts; risks related to our industry such as competition and our ability to attract and retain qualified employees, to develop and expand our services, to penetrate new markets, and to protect our intellectual property rights; risks related to our business such as risks associated with our growth strategy, including the integration of new operations, financial and operational risks inherent in worldwide operations, foreign exchange risks, income tax laws and other tax programs, our ability to negotiate favourable contractual terms, to deliver our services and to collect receivables, the reputational and financial risks attendant to cybersecurity breaches and other incidents, and financial risks such as liquidity needs and requirements, maintenance of financial ratios, and changes in creditworthiness and credit ratings; as well as other risks identified or incorporated by reference in this press release, in CGI's annual and quarterly MD&A and in other documents that we make public, including our filings with the Canadian Securities Administrators (on SEDAR at www.sedar.com) and the U.S. Securities and Exchange Commission (on EDGAR at www.sec.gov). For a discussion of risks in response to the coronavirus (COVID-19) pandemic, see Pandemic risks in section 8.1.1. of our Q2 2022 MD&A.
Unless otherwise stated, the forward-looking information and statements contained in this press release are made as of the date hereof and CGI disclaims any intention or obligation to publicly update or revise any forward-looking information or forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. While we believe that our assumptions on which these forward-looking information and forward-looking statements are based were reasonable as at the date of this press release, readers are cautioned not to place undue reliance on these forward-looking information or statements.
Furthermore, readers are reminded that forward-looking information and statements are presented for the sole purpose of assisting investors and others in understanding our objectives, strategic priorities and business outlook as well as our anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.
Further information on the risks that could cause our actual results to differ significantly from our current expectations may be found in the section titled Risk Environment of CGI's annual and quarterly MD&A, which is incorporated by reference in this cautionary statement. We also caution readers that the above-mentioned risks and the risks disclosed in CGI's annual and quarterly MD&A and other documents and filings are not the only ones that could affect us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial could also have a material adverse effect on our financial position, financial performance, cash flows, business or reputation.
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SOURCE CGI Inc. | https://www.mysuncoast.com/prnewswire/2022/05/30/cgi-completes-acquisition-french-based-harwell-management-offer-broader-range-financial-consulting-services/ | 2022-05-30T11:40:16Z |
BASSETERRE, St. Kitts, Sept. 17, 2022 /PRNewswire/ -- The St. Kitts and Nevis National Emergency Management Association has been closely monitoring Tropical Storm Fiona, and the storm has passed the Federation. As a result, Robert L. Bradshaw International Airport is once again open and operating at full capacity, as of 17 September at 12:00 p.m. AST.
"The Federation's main priority was the safety of our citizens and international guests, and we are watching closely and sending well-wishes to our neighbours as the storm continues to move," said Honourable Marsha Henderson, Minister of Tourism, International Transport, Civil Aviation, Urban Development, Employment, and Labour. "We thank our first responders and our tourism and business partners who together ensured our preparedness plans were put in place efficiently across the island. St. Kitts is open for business."
Stay up to date on revised travel and flights for St. Kitts at www.stkittstourism.kn or on our social media channels Facebook, Instagram and Twitter.
About St. Kitts
Where the Atlantic meets the Caribbean, you will find the captivating island of St. Kitts, an exciting oasis that beguiles the senses. Once known as the gateway to the Caribbean, St. Kitts invites you to Awake Your Sense of Wander and journey the island of a thousand treasures. Wander the secluded beaches and rainforests that stretch for miles. Hear the pulsating sounds of nature as you explore via ziplines, mini speed boats, and jeep safaris. Take a leisurely ride on the Caribbean's only authentic scenic passenger train, hike to the rim of a dormant volcano, dive into an ancient shipwreck. Embrace the scents of a smoky, sizzling beach barbecue, and taste culinary delights fresh from the sea. Indulge your wanderlust in one-of-a-kind attractions such as the UNESCO recognized Brimstone Hill Fortress National Park. Ignite your sense of style with Caribbean flair and the pure artistry as you feel the fabrics of Caribelle Batik. The serene beauty of the tropical island allows your mind and spirit to wander. Let the sun warm your soul and the island to tempt your thirst for exploration. For more information about St. Kitts, visit www.stkittstourism.kn.
Contact:
Hollyn Page
+1 276 591 8231
hollyn.page@finnpartners.com
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SOURCE St. Kitts Tourism Authority | https://www.kxii.com/prnewswire/2022/09/17/st-kitts-robert-l-bradshaw-airport-reopens-following-passage-tropical-storm-fiona/ | 2022-09-17T18:47:37Z |
Grayson’s JT Smith sets home run record
Published: Apr. 29, 2022 at 9:37 PM CDT
DENISON, Texas (KXII) -The Grayson Softball team is once again rolling toward the post-season. A big reason for that has been the continued great play of JT Smith, who has really become one of the greatest players in program history. In fact, last week she became Grayson’s all-time home run leader. Put that with her post-season success and it’s been quite a run for this Vikings’ slugger.
”I mean I’m not trying to hit a home run,” said Smith. “I’m just trying to see a ball, see it big and hit it through the fence and if it goes over the fence then that’s even better for me. Honestly base hits just the goal and the home runs just come with it I guess.”
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/04/30/graysons-jt-smith-sets-home-run-record/ | 2022-05-01T05:45:56Z |
(WJW) — With one of the largest ever Mega Millions jackpots still up for grabs, the founder of Raising Cane’s Chicken Fingers says he’s buying lottery tickets for all company employees.
That’s about 50,000 people getting a ticket – with tickets costing $2, that’s about $100,000 worth of Mega Millions tickets.
If any of the tickets end up being the winning number combination, Todd Graves plans to divide the big pot among the entire crew.
“As soon as we heard how big this jackpot prize is, we couldn’t miss out on the chance to win the Mega Millions jackpot and share it with our Crew who always stand together,” Graves said in a statement. “None of what we do at Cane’s would be possible without our Crew, which is why we are always looking for ways to bring them a little extra fun, and if we’re lucky, a surprise on Wednesday morning.”
Graves shared a video of the tickets being purchased, saying “Buying 50,000 lottery tickets is harder than you think!”
The next Mega Millions drawing comes Tuesday at 11 p.m.
The odds of winning the grand prize is minuscule, at one in 302.5 million. You have better odds of a smaller payoff, such as winning $1 million for matching five regular numbers but missing the Mega Ball. But even that is one in 12.6 million.
No one has matched all six numbers since April. That’s 28 consecutive drawings without someone hitting the jackpot.
With so many people playing now that the potential top prize is so large, it becomes increasingly likely that someone or multiple players will finally end that streak. Still, past prizes have grown larger, as the biggest payday was a $1.586 billion Powerball jackpot won in 2016.
The Associated Press contributed to this report. | https://cw33.com/news/raising-canes-founder-buys-50000-mega-millions-tickets-for-employees/ | 2022-07-26T16:09:09Z |
Construction to revitalize five homes in Temple is expected to start Tuesday as part of a program recently started by the city.
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Temple to rebuild five homes as new municipal program starts Tuesday
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- Bell County Jail inmate dies in custody; man had undisclosed medical condition
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- Steady presence up front; Lake Belton senior Simpson versatile in Broncos system | https://www.tdtnews.com/news/business/article_efbe1fb0-32e2-11ed-9d27-f356ed3580b4.html | 2022-09-13T01:10:59Z |
The Agreement Expands Options for Customers Seeking Cost-Effective, High-Throughput Whole Genome Sequencing
NEW YORK, June 2, 2022 /PRNewswire/ -- Gencove, pioneer of low-pass whole genome sequencing and analysis software, and Element Biosciences Inc., developer of the Element AVITI™ System, a new and disruptive DNA sequencing platform, today announced a joint marketing agreement to further reduce the cost and complexity of obtaining genomic information.
Whole genome sequencing provides a new foundation to advance healthcare, understand pathogens and feed our growing population. Combining the unrivaled performance and flexibility of the AVITI System with Gencove's software platform democratizes access to genomic information.
Gencove's low-pass sequencing and analysis software reduce costs in two ways. First by miniaturizing the way the DNA samples are processed and second by allowing customers to sequence at lower coverages and then upload the data into the Gencove platform for imputation against species-specific haplotype reference genomes. In this way, higher throughput at a lower cost per sample can be achieved.
"Gencove and Element share a vision to make cost-effective, high-throughput genome-wide information universally available", said Joseph Pickrell, Ph.D., co-founder, and CEO of Gencove. "This agreement moves the industry closer to ubiquitous sequencing to help solve our civilization's most pressing biological challenges."
Element's proprietary Avidity Sequencing™ chemistries enable exceptional accuracy and cost efficiency, unmatched by other benchtop systems. AVITI offers both short and long-read capabilities on a single platform bringing ultimate freedom and flexibility to users. Gencove and Element validated that the AVITI System data could be processed by the Gencove software platform and generate high-quality germline and somatic variant calling for human health applications.
"With the launch of our AVITI™ System and the ability to choose low-pass sequencing and imputation, customers do not have to sacrifice accuracy, throughput and cost", said Shawn Levy, Ph.D., SVP of Applications and Scientific Affairs, Element Biosciences. "Together Element and Gencove can put more genomic data into the hands of scientists and companies worldwide to accelerate life-saving discovery."
Results of the validation study and a real-world case study will be presented at this year's Advances in Genome Biology and Technology (AGBT) General Meeting on June 6-9, 2022. Additionally, Dr. Pickrell will present in the AGBT Element Biosciences lounge at 8:25 am Thursday, June 9th.
About Gencove
With additional opportunities to improve human health and the challenge of feeding the world's growing population, demand for large-scale genomic information is significantly increasing. To meet the need, Gencove combines low-pass whole genome sequencing with a proprietary software-as-a-service computation layer. The result is a hardware-agnostic, high-volume, and cost-effective sequencing and analysis solution. As evidence of the platform's value, the company has hundreds of customers and the largest genomics service providers in the world partner with Gencove. For more information visit: www.gencove.com and follow us on LinkedIn and Twitter.
About Element Biosciences, Inc.
Element Biosciences is a multi-disciplinary life science company currently focused on developing disruptive DNA sequencing technology for research and diagnostic markets. Through innovating every fundamental element of a sequencing system, Element will empower customers with affordable, high-quality data and an improved user experience, which in turn will accelerate scientific discoveries and broaden the use of genomic medicine. Learn more about Element Biosciences at www.elementbiosciences.com.
Press Contacts
For Gencove:
Kristi Ashton – kristi.ashton@gencove.com 1.650.224.8231
For Element Biosciences, Inc:
Valerie Enes | valerie@teamseismic.com | (408) 497-8568
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SOURCE Gencove | https://www.kxii.com/prnewswire/2022/06/02/gencove-element-biosciences-inc-partner-offer-low-pass-whole-genome-sequencing-analysis-with-aviti-system/ | 2022-06-02T11:24:20Z |
COLUMBUS, Ohio, Aug. 23, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) expects to report its 2022 third quarter earnings on Friday, October 21, 2022, prior to the market opening. A news release and supporting financial data will be available at that time on the Investor Relations section of the company's website.
Conference Call / Webcast Information
Huntington's management will host an earnings conference call the same day at 9:00 a.m. ET. The call, along with slides, may be accessed via a live Internet webcast in the Investor Relations section of Huntington's website or through a dial-in telephone number at (877) 407-8029 conference ID #13732539.
A replay of the webcast will be archived in the Investor Relations section of Huntington's website. A telephone replay will be available approximately two hours after the completion of the call through Friday, October 28, 2022, at (877) 660-6853 or (201) 612-7415; conference ID #13732539.
About Huntington
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $179 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,000 branches in 11 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.
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SOURCE Huntington Bancshares Incorporated | https://www.kxii.com/prnewswire/2022/08/23/huntington-bancshares-incorporated-announce-2022-third-quarter-earnings-hold-earnings-conference-call-october-21-2022/ | 2022-08-23T21:20:08Z |
Heart + Paw has implemented the GlobalVetLink Compliance Assistant platform in their veterinary hospitals to streamline pet travel appointments
AMES, Iowa, Sept. 1, 2022 /PRNewswire/ -- Heart + Paw has partnered with GlobalVetLink to implement the GlobalVetLink Compliance Assistant in their veterinary hospitals across the Northeast. The GVL Compliance Assistant is a comprehensive SaaS platform designed to streamline animal health compliance for all veterinary practices. Adding the GlobalVetLink platform to a veterinary hospital's suite of tools allows for seamless compliance and increased efficiency for veterinarians and hospital staff.
"Enabling our team with the GVL software was integral in our continued focus to bring innovative solutions into our Heart + Paw practices,"said Dr. George Melillo, Co-Founder and Chief Veterinary Officer at Heart + Paw. "As our pet parents significantly increased the demand for travel we needed to streamline our process with GlobalVetLink. GlobalVetLink is the only solution in the market to truly tackle a demanding and necessary service for the industry."
The GlobalVetLink Compliance Assistant platform is used by over 10,000 veterinary practices for creation and electronic submission of compliant health records for companion, production, and equine focused practices. The GVL Pet TravelPass automates regulatory research with built-in intelligent rule checking to streamline International and Hawaii pet travel. This replaces time consuming manual research processes and eliminates mistakes that prevent many veterinary practices from offering pet travel documentation services.
"We are thrilled to partner with Heart + Paw to bring our technology to their practices and their teams," said Daniel Levine, Chief Revenue Officer at GlobalVetLink. "Being able to streamline the workflow for the practices allows the team to truly focus on health outcomes. As veterinary practices are faced with challenges from staff shortages, increased demand for pet travel, and continued demand for services, we are looking forward to assisting more practices who need to streamline their health certificate process."
GlobalVetLink is the leading digital animal health company. Over 180 million animals per year in the pet travel, equine, and production animal sectors utilize GlobalVetLink's health records for state, federal, and international animal health compliance. Learn more at globalvetlink.com.
GlobalVetLink empowers and supports people to provide the best in animal care and safety. The GVL Compliance Assistant is a comprehensive SaaS platform designed to streamline animal health compliance for all veterinary practices. The Certificate Creator is the core of the platform and is managed by an intelligent Compliance Engine that verifies all certificates are compliant with state, federal and international rules and regulations. The GVL Health Record stores data for easy repeat certificate creation and ensures streamlined access to completed certificates. The Compliance Assistant platform automatically submits key animal health certificates to all 50 state animal health offices, and streamlines the submission to USDA-APHIS for international pet travel. Learn more at globalvetlink.com.
Media Inquires: Rebecca Haugland, 515-817-5075, rhaugland@globalvetlink.com
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SOURCE GlobalVetLINK | https://www.kxii.com/prnewswire/2022/09/01/globalvetlink-heart-paw-announces-partnership-streamline-clinic-processes/ | 2022-09-01T14:07:56Z |
More than 400 Aspen Dental Offices Open their Doors on June 11, Breaking Down Barriers to Care
CHICAGO, June 16, 2022 /PRNewswire/ -- On Saturday, June 11th, more than 400 Aspen Dental offices participated in the 8th annual Aspen Dental Day of Service, providing care to more than 3,000 United States military veterans and their families, with nearly $1.8 million in donated dental services. More than 2,000 Aspen Dental doctors and dental care team members volunteered their time to break down barriers to care and treat the most urgent dental needs – to help get veterans out of pain, from fillings and extractions to hygiene and basic denture repairs.
"Each year, Aspen Dental care teams across the country unite to give back to our nation's military veterans during the Aspen Dental Day of Service," said Arwinder Judge, DDS, chief clinical officer of Aspen Dental. "We founded the Healthy Mouth Movement in 2014, and over the years have provided free dental care to more than 33,000 veterans and their families, with more than $26 million in donated dental care. It is our way of giving back and honoring those who have served our country."
Millions of Americans struggle to access dental care every year, and veterans are no exception – in fact, U.S. veterans are ineligible for dental benefits through the Veterans Administration unless they're 100% disabled, have a service-related mouth injury, or were a prisoner of war. What's more, during the COVID-19 pandemic, dentists have reported increases in teeth-grinding, cavities and gum disease, largely attributed to pandemic-related stress and changes in health habits.
This year's Aspen Dental Day of Service success builds on the ongoing impact of Aspen's Healthy Mouth Movement, a community-giving initiative launched in 2014 to deliver free dental care to veterans in need in communities across the country. Since the launch of the Health Mouth Movement, doctors and their dental care teams from nearly 1,000 Aspen Dental-branded offices have donated more than $26 million in dentistry services to nearly 35,000 veterans and people in need, around the world. For more information about Day of Service and the Healthy Mouth Movement, visit HealthyMouthMovement.com.
About Aspen Dental
Aspen Dental was founded in 1998 in New York by Bob Fontana with a simple goal in mind: to break down the barriers that doctors and patients face when it comes to dental care. Today, more than 20 years later, with nearly 1,000 Aspen Dental locations nationwide, the mission of the company remains the same – to bring better care to more people. Aspen Dental is the largest group of branded dental offices in the world. For more information, visit aspendental.com, and follow us on Facebook, Twitter, and LinkedIn.
About TAG - The Aspen Group
TAG – The Aspen Group was built on the simple idea of bringing better health care to more people. TAG and the independent health care practices it supports operate more than 1,100 locations in 45 states through its four health care support companies: Aspen Dental®, ClearChoice Dental Implant Centers®, WellNow Urgent Care® and Chapter Aesthetic StudioSM. Combined, the companies serve more than 35,000 patients a day and more than 8 million patients each year. TAG is headquartered at 800 W. Fulton Market in Chicago. For more information, visit teamtag.com, and follow us on LinkedIn and Twitter.
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SOURCE Aspen Dental | https://www.mysuncoast.com/prnewswire/2022/06/16/more-than-3000-military-veterans-receive-free-dental-care-8th-annual-aspen-dental-day-service/ | 2022-06-16T21:50:04Z |
US, banks, unveil plan to ease food crisis from Russia’s war
By FATIMA HUSSEIN
Associated Press
BONN, Germany (AP) — Ahead of the G7 finance ministers’ meetings, the U.S. Treasury, several global development banks and other groups have unveiled a multi-billion dollar plan meant to address a worldwide food security crisis exacerbated by Russia’s war in Ukraine. Treasury announced Wednesday that several global development banks are “working swiftly to bring to bear their financing, policy engagement, technical assistance” to prevent starvation prompted by the war, rising food costs and climate damage to crops. Tens of billions will be spent supporting farmers, addressing the fertilizer supply crisis, and developing land for food production, among other issues. | https://localnews8.com/news/ap-national-business/2022/05/18/us-banks-unveil-plan-to-ease-food-crisis-from-russias-war/ | 2022-05-18T14:34:17Z |
SEOUL, South Korea, June 14, 2022 /PRNewswire/ -- J INTS BIO announced that it will be presenting the preclinical results of its NSCLC candidate 'JIN-A02' at the upcoming 2022 IASLC World Conference on Lung Cancer, to be held in Vienna, Austria from 6th to 9th August.
'JIN-A02' is a novel orally administered 4th generation EGFR TKI that targets NSCLC cancers harboring C797S mutation. C797S is a mutation that occurs after the use of 3rd generation EGFR TKIs such as Osimertinib and Lazertinib, resulting in tumor resistance and disease progression.
According to J INTS BIO, 'JIN-A02' showed strong inhibitory activities against NSCLC cancer cell-lines harboring double and triple mutations with C797S mutations in in-vitro studies. In particular, 'JIN-A02" showed robust inhibition against double mutations (Ex19Del/C797S or L858R/C797S), which with the increasing use of 3rd generation EGFR-TKIs as First Line therapy worldwide, will soon become the dominant mutations leading to resistance and disease progression.
In addition, 'JIN-A02' also effectively reduced tumor volume in a dose-dependent manner, compared to Osimertinib, in mouse model harboring EGFR Ex19Del/T790M/C797S triple mutation cancers and exhibited high brain penetrance with efficacy.
A company official added that 'JIN-A02' demonstrated a favorable safety profile with a low propensity for cardiotoxicity and did not show significant toxic effects such as weight loss and cytotoxicity in animal models at therapeutic dose levels. It is therefore expected to be a highly valued new drug in the armamentarium for the treatment of NSCLC.
Dr Anna Jo, CEO J INTS BIO, said: "We are determined to rapidly advance our novel NSCLC pipeline program, and to overcome the limitations of developing or approved treatments through rigorous R&D, so as to improve the outcomes of patients around the world who suffered from NSCLC with limited or no viable alternative treatments."
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SOURCE J INTS BIO | https://www.wibw.com/prnewswire/2022/06/14/j-ints-bio-oral-presentation-preclinical-results-its-novel-oral-4th-generation-egfr-tki-jin-a02-upcoming-2022-world-conference-lung-cancer-vienna-austria/ | 2022-06-14T14:50:12Z |
NEW YORK, Sept. 15, 2022 /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.061 per share, equivalent to an annualized dividend rate of $4.24 per share. The dividend is payable on October 14, 2022 to stockholders of record as of September 30, 2022.
W. P. Carey Inc.
W. P. Carey ranks among the largest net lease REITs with an enterprise value of approximately $25 billion and a diversified portfolio of operationally critical commercial real estate. Having completed its merger with CPA:18 on August 1, 2022, W. P Carey's portfolio includes 1,390 net lease properties covering approximately 170 million square feet and a portfolio of 84 self-storage operating properties (on a combined company basis as of June 30, 2022 and after certain planned dispositions of CPA:18 properties). For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.
Institutional Investors:
Peter Sands
1 (212) 492-1110
institutionalir@wpcarey.com
Individual Investors:
W. P. Carey Inc.
1 (212) 492-8920
ir@wpcarey.com
Press Contact:
Anna McGrath
1 (212) 492-1166
amcgrath@wpcarey.com
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SOURCE W. P. Carey Inc. | https://www.kxii.com/prnewswire/2022/09/15/w-p-carey-inc-increases-quarterly-dividend-1061-per-share/ | 2022-09-15T21:01:02Z |
SEATTLE, Aug. 17, 2022 /PRNewswire/ -- In the new e-book, The Hybrid42 Oscar Slap: God swings at screens, James Patrick Nagle claims that after reverse engineering quantum computer technology (QCT), he can prove that the universe is the product of QCT and that all use of language and storytelling are QCT constructs. QCT, the book claims, is simulation technology that makes it possible to create the illusion of alternate dimensions to which every work of storytelling and every conversation between humans can be reduced.
In addition, the book claims the concept of "QCT as reality" is ancient knowledge hidden in many iconic works, including the Holy Bible, the Jewish Kabbalah, and many iconic pop culture films and songs. The book states Steven Spielberg, Dennis Hopper, Rod Serling, Steely Dan, Netflix, and others seeded their art, sometimes intentionally, with clues to ensure this ground-breaking discovery would occur in 2022.
Nagle further claims that by demonstrating all films are of a QCT construct, and that human consciousness is built on the same construct, the consumption of films, songs, and novels can now be characterized as brainwashing, responsible for screen addiction, materialism, and likely mental illness. According to Nagle, if our consciousness is QCT, and films are QCT, viewing a film is like looking into a perfectly programmed human, an image that is fully identified by the subconscious mind. Thus, all symptoms of addiction may stem from the subconscious mind's attempt to duplicate the perfect QCT programming as witnessed on screens or through earbuds.
This book challenges all past relativity research, including Einstein's relativity theorem. It also legitimizes "Transhumanism philosophy," and reinterprets the Bible, showing it to be both a QCT programming and QCT programmed document. Nagle claims the true "Garden of Eden" is the QCT "connection universe" this book begins unveiling for the world. He also cites several publicly verifiable "42miracles" that he says are QCT- designed to aid him in convincing you he is Adam, back on earth, giving tours of his connection universe, all in this book.
About The Author: James Patrick Nagle is a Washington State University Social Science scholar, a decorated retired firefighter, and a retired naval veteran. His website provides further information, and the e-book is available at Kobo.com. www.jamespatricknagle.com
For more information, contact: Frank Rocco
Global Marketing Services. Tel: 415 847 1239 GlobalMarketing1@Earthlink.net
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SOURCE James Patrick Nagle - Author | https://www.wibw.com/prnewswire/2022/08/17/new-book-unveils-ancient-knowledge-proving-reality-is-quantum-computer-simulation/ | 2022-08-17T15:17:09Z |
Company acknowledged for commitment to professional growth, culture, and professional advancement opportunities
MONETT, Mo., June 14, 2022 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ:JKHY) announced that it was named among the 2022 Best Places to Work in Kentucky by the Kentucky Chamber of Commerce and Kentucky Society for Human Resource Management. Jack Henry & Associates ranked 14th in the large company category.
Jack Henry & Associates has offices in Elizabethtown and Louisville and employs more than 300 people in Kentucky. This is the tenth consecutive year the company was named among the Best Places to Work for the state of Kentucky. The award is determined by an in-depth analysis of employee and employer surveys that analyze confidential sentiments, benefits, policies, workplace practices and more. Overall, 100 Kentucky companies were recognized, and Jack Henry & Associates ranked 14 out of the 24 winners in the large company category.
"Being recognized as a top place to work in Kentucky for the tenth year in a row is a testament to the culture we've built at Jack Henry," said Tede Forman, vice president, payment solutions at Jack Heny & Associates. "Our team's dedication and success in cultivating an environment that supports, inspires, and empowers will continue to bolster our organization with top talent."
Winners of the Best Place to Work award are chosen and ranked based on a comprehensive assessment of employee policies and internal employee survey results. Jack Henry & Associates was recognized, along with other award recipients, at a dinner celebrating the 18th Annual Best Places to Work in Kentucky on June 9 in Lexington, KY. For more details about Best Places to Work in Kentucky, visit www.bestplacestoworkky.com.
About Jack Henry & Associates, Inc.
Jack Henry (NASDAQ: JKHY) is a leading SaaS provider primarily for the financial services industry. We are a S&P 500 company that serves more than 8,000 clients nationwide and goes to market through three distinct brands: Jack Henry Banking® provides innovative solutions to community and regional banks; Symitar® provides industry-leading solutions to credit unions of all sizes; and ProfitStars® offers highly specialized solutions to financial institutions of every asset size, as well as diverse corporate entities outside of the financial services industry. With a heritage that has been dedicated to openness, partnership, and user centricity for more than 40 years, we are well-positioned as a driving market force in cloud-based digital solutions and payment processing services. We empower our clients and consumers with the human-centered, tech-forward, and insights-driven solutions that will get them where they want to go. Are you future ready? Additional information is available at https://www.jackhenry.com/pages/default.aspx.
Statements made in this news release that are not historical facts are "forward-looking statements." Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company's Securities and Exchange Commission filings, including the Company's most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Any forward-looking statement made in this news release speaks only as of the date of the news release, and the Company expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise.
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SOURCE Jack Henry & Associates, Inc. | https://www.kxii.com/prnewswire/2022/06/14/jack-henry-named-best-places-work-kentucky-tenth-consecutive-year/ | 2022-06-14T12:51:01Z |
WASHINGTON, June 3, 2022 /PRNewswire/ -- The Concord Coalition said today that this year's reports from the Social Security and Medicare trustees sound a blaring alarm that legislative actions must be taken soon to avoid sudden substantial benefit cuts by 2035 for Social Security and by 2028 for Medicare Part A.
"Social Security and Medicare are enormously important programs for millions of American families who rely on them to be there for current or future retirement income, disability benefits, and healthcare needs. It is stunning and deeply irresponsible that year after year lawmakers of both parties routinely ignore the trustees' warnings that neither program is on solid financial ground," said Robert L. Bixby, Concord's executive director. Any 'political leader' worthy of that title, including those out on the 2022 campaign trail, should make it a priority to find solutions that are both fiscally and generationally responsible," Bixby said.
As detailed in the reports, both programs contribute to steadily rising budget deficits while at the same time neither program can pay the full amount of promised benefits under current law. Ignoring the warnings in these reports will leave the public unprepared for changes that must inevitably be made to make these vital programs sustainable.
Bixby added: "The trustees' warnings seem all the more alarming because the country is not in a position of current or projected fiscal strength. Delaying reforms would simply exaggerate generational inequities."
To illustrate the magnitude of the challenge, the trustees estimate that one of three things must happen to keep the retirement program solvent over the next 75 years: (1) dedicated revenues would have to increase by an amount equal to an immediate and permanent payroll tax increase of 3.24 percentage points -- from 12.4 percent to 15.64 percent, an immediate 26 percent increase; (2) scheduled benefits would have to be reduced, for all current and future beneficiaries, by an amount equivalent to an immediate and permanent reduction of 20.3 percent, or (3) a combination of the two.
Delaying action until 2035, when the combined Social Security trust funds are projected to become insolvent, would increase the necessary payroll tax to 16.47 percent; require a 24.9 percent benefit cut, or some combination of the two.
It is also important to remember that Social Security and Medicare do not "pay for themselves."
The trustees' reports confirm that Social Security and Medicare Part A (Hospital Insurance) will experience growing cash deficits in the future as they pay out more than they receive from their dedicated resources.
General federal revenues also support Medicare Part B, which provides various medical services, and Part D, which helps pay for prescription drugs. By design, the premiums that older Americans pay for these parts of Medicare only cover about 25 percent of their costs.
According to supplemental data provided with the trustees' report, the general revenue transfers to Social Security and Medicare totaled $554 billion in 2021 or 2.4 percent of GDP. This consisted of $126 billion for Social Security and $428 billion for Medicare. If full benefits were maintained in both programs, by 2064 these transfers would double to 4.8 percent of GDP.
The Concord Coalition also noted that for the seventh year in a row, the public trustee positions have been left vacant. This is a very serious omission.
The public trustees play a vital role in ensuring objective oversight of Social Security and Medicare finances. The two public trustees are the only trustees who are not members of the president's administration, and by law one must be a member of the opposing party. Concord urges the president and Congress to agree on two credible candidates to fill these crucial positions in time for them to have a meaningful role in preparing the 2023 report.
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SOURCE The Concord Coalition | https://www.kxii.com/prnewswire/2022/06/03/latest-social-security-medicare-trustees-reports-show-we-are-creeping-toward-cliff/ | 2022-06-03T19:21:41Z |
TAG to help Introduce GeoSolar's Brand in Preparation For Its Forthcoming Regulation A+ Capital Raise
NEW YORK, April 21, 2022 /PRNewswire/ -- New York-based global marketing and media agency TAG Collective announces it has been appointed agency of record for GeoSolar Technologies, (GST) adding to the firm's ever-expanding client roster, GST is emerging as a leader in the rapidly emerging multi-billion dollar electric home revolution. Effective immediately, TAG Collective will leverage its StoryScaling™ approach to lead GeoSolar Technologies' campaigns in public relations, digital marketing, social media, influencer marketing, video development, brand consulting, and its offering page.
TAG Collective will represent GeoSolar Technologies (GeoSolarPlus.com) a Colorado-based climate technology company in their quest to reduce America's dependence on fossil fuels through their patent-pending SmartGreen All Electric Home. TAG will introduce and expand GeoSolar Technologies' overall presence in climate technology and solidify their position as market leaders in the creation of both healthier homes and a healthier planet.
GST was founded by a team of highly respected climate scientists with the mission of converting new and existing homes from fossil fuel to carbon-free alternatives while enhancing the role of the electric vehicle in an all-clean electric lifestyle, truly focused on saving families money. By reinventing the way we power and purify our homes from top to bottom, and technologically upgrading how we heat, cool, cook, and power homes and vehicles with 100% sustainable energy sources, GST believes it can help mitigate the average home production of eight tons of CO2 annually, which is known to create a toxic, unhealthy living environment for communities and the home's residents. Full details on the GeoSolar Technologies statements can be found at the end of this release under the section entitled "In Reference to GeoSolar Technologies, Inc."
"Solar is a great start but is only the beginning of what we offer a homeowner." Says Stone Douglass, CEO of GeoSolar Technologies, "With SmartGreen technology we are disrupting the entire home energy market by delivering much more value. We take the home to a whole new level with AI-controlled energy efficiency, the security of long-term battery storage, rapid electric vehicle charging stations and we make it accessible by providing 100% financing." Douglass continues, "TAG knows how to introduce our product to the consumer and expand our message to the millions of homeowners that will soon recognize the need for our proprietary technology. We are pleased to be working with a global agency with a long history of representing some of the most important companies and brands as they embark on world-changing initiatives."
Rod Turner, CEO and Founder of Manhattan Street Capital, a leader in the fast-growing industry of direct capital offerings, and who will be advising GeoSolar Technologies' Regulation A+ funding round, added, "Our mission is to help educate the public that a clean independent electric home is not only acceptable and affordable but is, in fact, far more comfortable, economical and healthy than existing fossil fuel-powered homes."
TAG Collective Partner and Co-Founder Marilyn Lopez adds, "GeoSolar Technologies is an emerging leader in climate technology and the clean energy industry, and we are excited to be representing them. We look forward to raising their brand visibility as they lead the way towards the future of cleaner, healthier homes and a better environment for now and future generations."
TAG Collective Partner and Co-Founder Daniel E. Chartock added, "When we think about why we created StoryScaling™, new and innovative companies like GeoSolar Technologies come to mind. To help a brand effectively tell a story not yet told, in a way that can connect with the community, potential customers, and investors all simultaneously and consistently is at the heart of how we drive rapid brand growth. We are proud to be working with a cutting-edge and forward-thinking company like GST that is making a significant contribution to the urgent need in combating rising global temperatures and the extreme climate that is threatening the world."
Homeowners and contractors interested in collaborating and learning more about GeoSolarTechnologies can visit https://geosolarplus.com.
Those interested in learning more about TAG Collective, StoryScaling™, and other services, can learn more at https://tagcollective.com.
About GeoSolar Technologies (https://geosolarplus.com)
GeoSolar Technologies is revolutionizing how we heat, cool, cook, and power homes with 100% sustainable energy sources. The company's patent-pending system harnesses energy from the earth and sun to naturally power homes and electric vehicles without fossil fuels creating a healthier living environment while taking the home to net-zero carbon.
About TAG Collective (https://tagcollective.com)
At TAG Collective, we power brands that change the world. Our DNA and passion are our clients' brands. We love BIG ideas and the passion that drives them, being the catalyst of their realities. We dream BIG, create BIG, and deliver purposeful campaigns to brands, whether you're a team of one or one million. Founded by Marilyn Lopez and Daniel Chartock, the firm focuses on helping clients break through the noise with StoryScaling™. Leveraging our team's insights, experience, and creativity to develop and deliver strategies and solutions, including new media, digital media, and traditional media. We focus on the why behind why our customers should choose them, why we say what we say, and why our clients' messages will transcend platforms and audiences.
In Reference To GeoSolar Technologies Inc.:
THE COMPANY IS "TESTING THE WATERS" UNDER REGULATION A UNDER THE SECURITIES ACT OF 1933. THIS PROCESS ALLOWS COMPANIES TO DETERMINE WHETHER THERE MAY BE INTEREST IN AN EVENTUAL OFFERING OF ITS SECURITIES. THE COMPANY IS NOT UNDER ANY OBLIGATION TO MAKE AN OFFERING UNDER REGULATION A. IT MAY CHOOSE TO MAKE AN OFFERING TO SOME, BUT NOT ALL, OF THE PEOPLE WHO INDICATE AN INTEREST IN INVESTING, AND THAT OFFERING MIGHT NOT BE MADE UNDER REGULATION A. IF THE COMPANY DOES GO AHEAD WITH AN OFFERING, IT WILL ONLY BE ABLE TO MAKE SALES AFTER IT HAS FILED AN OFFERING STATEMENT WITH THE SECURITIES AND EXCHANGE COMMISSION (SEC) AND THE SEC HAS "QUALIFIED" THE OFFERING STATEMENT. THE INFORMATION IN THAT OFFERING STATEMENT WILL BE MORE COMPLETE THAN THE INFORMATION THE COMPANY IS PROVIDING NOW AND COULD DIFFER IN IMPORTANT WAYS. YOU MUST READ THE DOCUMENTS FILED WITH THE SEC BEFORE INVESTING.
NO MONEY OR OTHER CONSIDERATION IS BEING SOLICITED, AND IF SENT IN RESPONSE, WILL NOT BE ACCEPTED.
THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY. THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY'S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS "ESTIMATE," "PROJECT," "BELIEVE," "ANTICIPATE," "INTEND," "EXPECT" AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD-LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT'S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS. INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.
NO OFFER TO BUY THE SECURITIES CAN BE ACCEPTED AND NO PART OF THE PURCHASE PRICE CAN BE RECEIVED UNTIL THE OFFERING STATEMENT FILED BY THE COMPANY WITH THE SEC HAS BEEN QUALIFIED BY THE SEC. ANY SUCH OFFER MAY BE WITHDRAWN OR REVOKED, WITHOUT OBLIGATION OR COMMITMENT OF ANY KIND, AT ANY TIME BEFORE NOTICE OF ACCEPTANCE GIVEN AFTER THE DATE OF QUALIFICATION.
AN INDICATION OF INTEREST INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.
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SOURCE TAG Collective | https://www.wibw.com/prnewswire/2022/04/21/geosolar-technologies-engages-leading-ny-agency-tag-collective-head-its-marketing-publicity-efforts/ | 2022-04-21T22:03:38Z |
One global RS brand will deliver efficiency, sustainable value, and scalability to its stakeholders worldwide.
LONDON, Sept. 12, 2022 /PRNewswire/ -- RS Group plc (LSE: RS1), a global omni-channel provider of product and service solutions, today announced the uniting of its global maintenance, repair and operations (MRO) supply chain solutions business into a single brand, RS Integrated Supply.
Previously trading as two separate brands - IESA and Synovos - the transition to RS Integrated Supply marks the first step in the Group's transition to consolidate its operating brands under one strong, unified RS identity, delivering global efficiency, sustainable value, and scalability to its stakeholders.
RS Integrated Supply provides outsourced storeroom management and procurement services that drive sustainable productivity and reliability for MRO supply chains. Through its global operation, RS Integrated Supply serves multi-site industrial organizations across North America, the UK, Europe and other global markets. The business has offices in Warrington, UK, and Radnor, Pennsylvania.
Procurement and storeroom solutions are built on advanced proprietary digital platforms that consolidate information and drive improvement. Standardized technology, platform integration and streamlined services improve accessibility and efficiency, ensuring consistent quality across global organizations. The platforms deliver predictive intelligence in addition to historical data, with reporting and insight provided through data collection, cleansing and standardization.
Operational excellence, sustainability and continuous improvement are built into all processes and services, optimizing the end-to-end supply chain and the relationship between maintenance data, inventory, purchasing and consumption patterns.
"Our transition to RS Integrated Supply brings the combined value of the IESA and Synovos MRO solutions to organizations around the world," commented Debbie Bowring, President, RS Integrated Supply. "As one global brand, our digitally enabled procurement and storeroom solutions and engineering skills provide unmatched reliability, consolidation, standardization and total cost efficiencies across the supply chain.
For more information about RS Integrated Supply, visit: www.rs-integratedsupply.com
RS Group plc (formerly Electrocomponents plc) is a leading global omni-channel industrial product and service solutions provider to customers who are involved in designing, building and maintaining industrial equipment and operations, safely and sustainably. We stock more than 700,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to over 1.2 million customers. With operations in 32 countries, we trade through multiple channels and ship over 60,000 parcels a day.
We support customers across the product life cycle, whether via innovation and technical support at the design phase, improving time to market and productivity at the build phase, or reducing purchasing costs and optimising inventory in the maintenance phase. We offer our customers tailored product and service propositions that are essential for the successful operation of their businesses and help them save time and money.
RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the year ended 31 March 2022 reported revenue of £2,554 million.
For more information, please visit https://www.rsgroup.com/.
Editorial contact:
Lynn Webster-Scott
Head of Group PR
Lynn.Webster-Scott@rsgroup.com
+44 (0)7796 336499
PR Agency Contact:
Janice Fenton
Senior Account Director
Publitek
janice.fenton@publitek.com
+44 (0) 7774 725483
Further information is available via these links:
Twitter: @WeAreRSGroup; @RSdesignspark
LinkedIn: www.linkedin.com/company/wearersgroup/
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SOURCE RS Group plc | https://www.kxii.com/prnewswire/2022/09/12/rs-group-introduces-rs-integrated-supply-consolidating-iesa-synovos-create-single-global-mro-supply-chain-solutions-business/ | 2022-09-12T15:22:11Z |
The leading behavioral and mental health technology company has been chosen as a Top Performer in the Mental Health Software category by its users on the Capterra software review platform.
NEW YORK, August 4, 2022 /PRNewswire/ -- Capterra recently released its 2022 Mental Health Software Shortlist and gave Rethink Behavioral Health its top ranking based on customer reviews. The recognition comes as Rethink celebrates its user base growing to 30,000+ clinicians logging over 20MM clinical data points per year. These customers rely on Rethink's all-in-one software solution to help them run and grow their practice, maintain and attract new clients, and retain employees while prioritizing their continued development.
Rethink Behavioral Health received a Capterra popularity score of 43/50, the highest in its category, and a rating score of 47/50, the equivalent of a 4.4-star review average. The popularity score is the relative popularity of the software based on web search trends and web presence, while the rating score reflects the reviews given to the software by its users on Capterra. With 40+ reviews on its profile celebrating the world-class customer service and product innovation users enjoy, Rethink stands apart from its competitors. Built to support the needs of clinicians with its full HIPAA-compliant data suite and the industry's first evidence-based calculator for the recommended range of treatment prescription, users feel supported by a stable solution that continues to evolve to meet their needs.
"We are very excited to be recognized by our customers as the go-to solution for growing your practice, managing your operations, and investing in your people," said Jamie Pagliaro, Executive Vice President & Chief Learning Officer at RethinkFirst. "Our efforts to innovate and shape the mental health software space have paid off in the dedication of our customer base who work alongside us to improve outcomes for children every day. We are thankful to them for this award, and we promise to keep showing up for them the way they do for us."
The full Mental Health Software Shortlist can be found here.
Rethink Behavioral Health provides ABA clinical tools, telehealth and parent portal, practice management and training products, billing software, and medical billing services. They work with startups, growing practices, and enterprises to provide their software products to businesses with a range of staff and patient sizes and different needs. The SaaS provider supports companies in growing their practices, improving outcomes, and improving operational efficiency.
RethinkFirst is a global health technology company providing cloud-based treatment tools, training, and clinical support to employers, educators, and behavioral health professionals. Rethink's award-winning solutions serve thousands of clients globally, including nearly one-third of the Fortune 100 and many of the country's largest public-school systems and health plans. Each of Rethink's award-winning solutions incorporates evidenced-based protocols, workflow automation, and advanced data analytics to drive meaningful clinical outcomes and improved performance for customers and the communities that they serve.
For more information, visit the Rethink Behavioral Health website or contact us at info@rethinkbh.com.
For media inquiries please email press@rethinkfirst.com.
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SOURCE RethinkFirst | https://www.mysuncoast.com/prnewswire/2022/08/04/rethink-behavioral-health-recognized-top-customer-focused-solution/ | 2022-08-04T13:38:29Z |
Elon Musk on Monday threatened to walk away from his $44 billion bid to buy Twitter, the latest sign that his plan to overhaul the social media platform may really be starting to fray.
Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter accusing the company of refusing to give him information about “spam bot” accounts. Such bots have become a major public preoccupation for the volatile billionaire despite the fact that he declined an opportunity to examine Twitter’s internal data a few months ago.
DID ELON MUSK BUY TWITTER?
Not yet. In April, Musk signed an agreement with Twitter to buy the company for $44 billion and take it private. But the deal hasn’t closed. And as the weeks have passed, Musk has increasingly signaled discomfort with it, suggesting that he wants to negotiate a cheaper price or even to walk away entirely.
IS MUSK GETTING COLD FEET?
There are several reasons that Musk’s Twitter deal might have lost its luster since he signed it in April. Twitter is standing firm on Musk’s agreed price of $54.20 per share — but since early May, the stock has fallen more than 25% below that figure. The gap between the deal price and the actual share price suggests that many investors don’t think the deal will go through.
Much of Musk’s initial $46 billion plan to finance the deal used stock in Tesla, his electric vehicle company, as collateral for loans he would use to purchase Twitter shares in the deal. He’s since adjusted the plan so that more investors may be involved, including those with Twitter shares. But it’s not clear exactly who those investors might be.
Tesla’s stock price has also fallen dramatically since April 4, the day Musk disclosed that he was Twitter’s largest stakeholder. Its 35% decline has cut deeply into Musk’s wealth, even though he remains the world’s richest person. Tesla’s falling share price also reduces the amount Musk can borrow against his Tesla holdings. Company rules limit Musk to borrowing no more than 25% of the value of his Tesla stake, which means Musk can now raise roughly $13.5 billion against his shares. The figure doesn’t include stock options Musk has exercised or loans he may have repaid.
Musk now owns about 163 million Tesla shares valued at $114.7 billion, according to FactSet.
CAN MUSK CALL THE WHOLE THING OFF?
Experts say Musk can’t unilaterally place the deal on hold, although that hasn’t stopped him from acting as though he can. If he walks away, he could be on the hook for a $1 billion breakup fee. Twitter could also sue to force him to complete the acquisition on the agreed terms.
The Twitter sale agreement does allow Musk to get out of the deal if Twitter causes a “material adverse effect,” defined as a change that negatively affects Twitter’s business or financial conditions. That’s one reason Musk may be focusing on the spam bot problem — though he waived many of his rights to peek under Twitter’s hood when he signed the deal.
WHAT ARE SPAM BOTS AGAIN?
Bots are basically programs that post automated tweets, either for information — like the U.S. government’s “quakebot,” which tweets the details of seismic events — or entertainment. Musk, however, has focused his ire on the “spam bots” used to blast out sales pitches or to inflate the influence of a person or cause.
That problem is highly visible to Musk, one of Twitter’s most active celebrity users, whose name and likeness are often mimicked by fake accounts promoting cryptocurrency scams. Musk says it’s also a problem for advertisers who take out ads on the platform based on how many real people they expect to reach.
So now such bots — and the way Twitter counts them — have become a sticking point in the deal. Twitter has long disclosed it has a “number of false or spam accounts” but estimates that they comprise fewer than 5% of its more than 200 million daily active users.
Musk insists the company has been undercounting them and has demanded that Twitter turn over its internal data for him to examine. It’s not clear whether he can legally demand such information after declining his right to conduct “due diligence” on Twitter’s internal accounting and operations. Some experts say a court will have to decide that. | https://cw33.com/technology/ap-technology/explainer-is-elon-musks-deal-to-buy-twitter-falling-apart/ | 2022-06-07T02:55:32Z |
WASHINGTON (AP) — The Supreme Court on Thursday ruled that law enforcement officers can’t be sued when they violate the rights of criminal suspects by failing to provide the familiar Miranda warning before questioning them.
The justices ruled 6-3 in favor of a sheriff’s deputy who was sued after he failed to read a Miranda warning — “You have the right to remain silent,” it begins — to a Los Angeles hospital worker accused of sexually assaulting a patient.
The issue in the case was whether the warning given to criminal suspects before they talk to authorities, which the court recognized in its Miranda v. Arizona decision in 1966 and reaffirmed 34 years later, is a constitutional right or something less important and less defined.
Justice Samuel Alito wrote in his majority opinion that “a violation of Miranda is not itself a violation of the Fifth Amendment” and “we see no justification for expanding Miranda to confer a right to sue” under the federal law known as Section 1983. The law allows people to sue police officers and other governmental workers for violations of constitutional rights.
In dissent for the court’s three liberals, Justice Elena Kagan wrote that the decision “prevents individuals from obtaining any redress when police violate their rights under Miranda.”
The case began when a woman who suffered a stroke said she was assaulted at a Los Angeles hospital and identified hospital worker Terrence Tekoh as her attacker. Los Angeles County Sheriff’s Deputy Carlos Vega talked to Tekoh, who signed a statement confessing to the assault.
Both sides agree that Vega did not read Tekoh his rights before their conversation at the hospital. But they disagree about whether Tekoh was coerced into confessing.
Even with the statement used against him at trial, a jury acquitted Tekoh of criminal charges. Tekoh then turned around and sued Vega, who twice prevailed at civil trials over his conduct. But a federal appeals court ruled Tekoh should have another chance.
The deputy appealed to the Supreme Court, which agreed to hear the case. | https://cw33.com/news/politics/ap-politics/supreme-court-rules-out-suing-police-for-miranda-violations/ | 2022-06-24T15:06:22Z |
A fire broke out at the Hoover Dam on Tuesday at about 10 a.m. local time when a transformer caught fire, sending plumes of black smoke into the air, according to the Bureau of Reclamation.
The fire was extinguished about 30 minutes later by the Reclamation/Hoover fire brigade, the bureau's Regional Director Jacklynn L. Gould said in a statement. There were no injuries to employees or visitors, Gould said.
"There is no risk to the power grid and power is still being generated from the powerhouse," Gould said. "We are investigating the cause of the fire and will provide additional updates as they are available."
The Hoover Dam is located where Lake Mead meets the Colorado River on the border of Arizona and Nevada.
The massive dam, completed in 1935, rises 726.4 feet from the foundation rock to the roadway on top of the dam and generates enough hydroelectric power to serve 1.3 million people, according to its website.
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.
CNN's Eric Levenson and Sara Smart contributed to this report.
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accounts, the history behind an article. | https://www.albanyherald.com/news/transformer-bursts-into-flames-at-the-hoover-dam/article_32b2fc10-86fa-54f0-a62e-7b728743a875.html | 2022-07-19T21:09:48Z |
20 injured in Milwaukee shootings after Bucks playoff game
MILWAUKEE (AP) — Twenty people were injured in two shootings in downtown Milwaukee near an entertainment district where thousands had been watching the Bucks play the Celtics in Game 6 of the NBA’s Eastern Conference semifinals, authorities said.
None of the injuries from either shooting after Friday night’s game were believed to be life-threatening.
The first shooting, involving three victims, occurred adjacent to the Deer District — an entertainment district with numerous bars and restaurants where large crowds often assemble to watch major sporting events.
The Milwaukee Fire Department said authorities took two people to a hospital, a 30-year-old man and a 16-year-old girl, and a third person drove to a hospital. Police said a 29-year-old man was in custody.
Seventeen more people were injured in a second shooting about two hours later, which happened a few blocks away. Ten people were taken into custody and nine guns were recovered, WTMJ-TV reported.
There was no immediate indication whether the two shootings were related or involved fans who were watching the game.
Witnesses told WTMJ-TV that they saw a fight outside a bar following the basketball game.
Bill Reinemann, a parking attendant at lot adjacent to Deer District, said he heard gunshots but didn’t see anyone get shot or see the shooter during the earlier shooting.
“It sounded like six to eight gunshots,” he said “It was close.”
After the shots were fired, scores of fans began running toward the Deer District, he said.
Reinemann, who has worked the lot for 18 years, remained at his post even as fearful Bucks fans ran past him.
“I sat in my chair here the whole while,” he said.
“The incident took place outside of the Deer District area. We direct all questions to the Milwaukee Police Department,” Bucks spokesman Barry Baum said.
Boston defeated Milwaukee in the game to force a Game 7 of the series Sunday night in Boston.
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This story has been updated to correct the age of one of the people shot to 30, not 3.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/14/20-injured-milwaukee-shootings-after-bucks-playoff-game/ | 2022-05-14T14:18:21Z |
Company to expedite cloud capabilities for media companies
NEW YORK, June 13, 2022 /PRNewswire/ -- Operative announces today the appointment of Michael Grossi as Chief Executive Officer and Ben Tatta as Chief Commercial Officer. These changes will help accelerate market adoption of Operative's next-generation cloud core platform, which enables media companies to unify and modernize their ad sales and content businesses. Founder and former CEO Lorne Brown will move to a strategic board role focused on market development and investment strategy.
Operative continues to make unrivalled investment in new products and technologies for the media industry. This is a pivotal time in the industry, with a torrent of pressures and volatility from the pandemic and current economic climate, coupled with preexisting complexity of viewership fragmentation and new currencies. Operative is uniquely able to provide a single modern architecture SaaS solution designed to serve Network, Local, Digital and MVPD customers.
Michael brings over 30 years of experience leading and growing enterprise software and technology companies, having served numerous times in both CEO and board roles over the last decade.
The continued growth at Operative and market opportunity made it a compelling time for industry veteran Ben Tatta to join to lead that continued charge in the market. Ben Tatta is a seasoned media veteran with deep rooted expertise in media sales, measurement, and technology.
"I am thrilled to join Operative at a time where we can create a significant positive impact for our customers," said Michael Grossi. "Our goal is simple, to help media companies unlock their true value. We want to create the next level of scale at Operative to help accelerate that mission".
Ben Tatta commented, "I've been following Operative as a leading player in this industry for many years, with a renewed focus over the past few years as they continue to bring new transformational capabilities to market with their AOS platform. When Lorne and Michael approached me about leading Operative to the next level of scale and growth, it was not only a very logical fit based on my experience, but also an exciting opportunity to help transform the way media companies do business."
Under Michael's leadership and with Ben's industry knowledge, the executive team is being strengthened to provide customers with exceptional service and solutions to accelerate growth. "Operative has become a staple in the industry synonymous with media modernization and advancement. After leading Operative for years on this journey, I'm delighted to have both Michael and Ben join the team to take the Company to the next level and am excited to work with them," said Lorne Brown.
Lastly Michael commented, "Aside from the tremendous continued organic growth opportunity that Operative has ahead, I am confident that we can complement this with substantial inorganic growth as well. Having Francisco Partners as the majority owner opens access to their experience, influence, and capital, all which I plan to leverage to accelerate new platform capabilities".
Operative is the preferred business management solution for linear, digital media, and converged media, and a software partner for over 300 of the world's top media brands. No other software company brings a comparable depth of experience combined with an open, modular framework to create truly innovative software that performs across all platforms, revenue models, and business categories. Since 2000, Operative has grown to over 1200+ global employees and processes more than $40 billion in linear and digital advertising revenue for the best-known companies in the industry. For more information, visit www.operative.com
Michael Grossi has 30 years of experience in enterprise software and technology working for leading global media companies in mobile, telecom, and IT. He has unique expertise in driving emerging and transformative growth strategies for companies with a focus on operational excellence and customer service. Michael started his career as a Captain in the United States Air Force, where he oversaw several different technology defense programs in the Intelligence Command. He has a BSBA in Finance from Villanova University and an MBA from Bentley University. He currently serves on the Deans Advisory Council at the Villanova School of Business (VSB).
Ben Tatta has more than 25 years of traditional and digital media experience leading media sales, technology, and measurement businesses. Ben has made his mark in media leading innovation over the years, most notably as co-founder and president of advanced TV analytics company 605 and during his tenure at Cablevision as President of Media Sales where he launched the industry's first system-wide deployment of addressable TV advertising. He has held senior leadership roles at companies including USA Networks, IBM, ABC, Lagardere Media and eBay Enterprise Marketing. He received a B.A. in Economics from Villanova University.
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SOURCE Operative | https://www.mysuncoast.com/prnewswire/2022/06/13/operative-prepares-accelerated-growth-with-new-executive-appointments/ | 2022-06-13T17:34:27Z |
CALGARY, AB, May 4, 2022 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) held its Annual Meeting of Shareholders today. On a vote by ballot during the regular business proceedings at the meeting, shareholders approved the election of all 12 nominated directors proposed by management as listed in the Management Information Circular dated March 2, 2022.
Enbridge is pleased to welcome Jason B. Few and Steven W. Williams to the Board. Mr. Few has more than 30 years of experience as a business leader, entrepreneur and technology leader focusing on energy and energy transition. He is currently President & CEO of FuelCell Energy, Inc. Mr. Williams has more than 40 years of international energy industry experience, including as President & CEO of Suncor Energy Inc. from 2012 to 2019 and various roles during 18 years at Imperial Oil/Exxon.
"On behalf of the Board of Directors of Enbridge, we are very pleased to welcome Jason and Steve to the Enbridge Board. They each have extensive business experience and will be excellent additions to our Board. We would also like to thank Herb for his valuable service and many contributions to Enbridge over the years and we wish him well during his retirement," stated Greg Ebel, the Chair of the Board of Directors of Enbridge.
The detailed results of the vote for the election of directors are set out below.
Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which transports approximately 30 percent of the crude oil produced in North America; Gas Transmission and Midstream, which transports approximately 20 percent of the natural gas consumed in the U.S.; Gas Distribution and Storage, which serves approximately 3.9 million retail customers in Ontario and Quebec; and Renewable Power Generation, which owns approximately 1,766 MW (net) in renewable power generation capacity in North America and Europe. The Company's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Media
Toll Free: (888) 992-0997
Email: media@enbridge.com
Investment Community
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com
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SOURCE Enbridge Inc. | https://www.wibw.com/prnewswire/2022/05/05/enbridge-inc-announces-election-directors/ | 2022-05-05T00:45:55Z |
Recently Signed Agreement with Affiliate of Philip Morris International Could Dramatically Drive Global Distribution; Accelerate Delivery of a Smoke-Free Future
GRANT, Fla., June 21, 2022 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the exclusive U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), which are intended for adults 21 and over, today announced its financial results for the fiscal 2022 second quarter ended April 30, 2022.
Corporate Updates Subsequent to the Fiscal Second Quarter 2022
- The Company's recently formed, wholly owned subsidiary, Kaival Brands International, LLC ("KBI"), entered into an international licensing agreement with Philip Morris Products S.A. ("PMPSA"), a wholly owned affiliate of Philip Morris International Inc. ("PMI") (NYSE: PM), for the development and distribution of electronic nicotine delivery system ("ENDS") products in markets outside of the U.S., subject to market (or regulatory) assessment.
- The PMI License Agreement grants to PMPSA a license of certain intellectual property rights relating to Bidi's ENDS device, known as the BIDI® Stick in the U.S., as well as potentially newly developed devices, to permit PMPSA to manufacture, promote, sell, and distribute such ENDS device and newly developed devices, in international markets, outside of the U.S.
- PMI's international distribution network will potentially create substantial new "capital-light" revenue stream.
Management Comments
Niraj Patel, Chief Executive Officer and Founder of Kaival Brands stated, "Our results demonstrate strong execution and resiliency in our business, as revenues in the second quarter of fiscal year 2022 rose 11% as compared to revenues in the first quarter of fiscal year 2022. The recently announced international licensing agreement with PMPSA, a wholly owned affiliate of PMI, is a major milestone in the Company's efforts to expand the global sales and distribution of the BIDI® Stick. From a balance sheet perspective, the international licensing agreement has the potential to generate substantial returns on capital for the Company, given the low cash investment needed to reach a significant number of potential new consumers."
Financial Results for Fiscal Second Quarter 2022
Revenues: Revenues decreased by approximately $15.7 million in the second quarter of fiscal year 2022, compared to the same period of fiscal year 2021. In February 2022, Bidi Vapor was granted a judicial stay on the marketing denial order ("MDO") previously issued by the U.S. Food and Drug Administration (the "FDA") prohibiting the marketing and sale of non-tobacco flavored BIDI® Sticks, which had significantly impacted our revenues in previous quarters. As a result of the grant of the judicial stay of the MDO, our revenues increased in the second quarter of fiscal 2022, as compared to first quarter of fiscal 2022. We expect this trend to continue as renewed distribution ramps up and sales of non-tobacco flavored BIDI® Sticks increase, subject to the court ruling in Bidi Vapor's favor in the pending merits-based case, and subject to the FDA's enforcement discretion.
Cost of Revenue, Net, and Gross Profit (Loss): Gross profit in the second quarter of fiscal year 2022 was approximately $387,700, or approximately 12.7% of revenues, net, compared to approximately $6.3 million gross profit, or approximately 34.6% of revenues, net, for the second quarter of fiscal year 2021. Total cost of revenue, net was approximately $2.7 million, or approximately 87.3% of revenue, net for the second quarter of fiscal year 2022, compared to approximately $11.9 million, or approximately 65.4% of revenue, net for the second quarter of fiscal year 2021. The decrease in gross profit is primarily driven by the decrease in overall sales and the recognition of accumulated year-to-date credits/discounts/rebates given to customers, totaling approximately $499,000, resulting in an offset to revenue, net, during the second quarter of fiscal year 2022.
Operating Expenses: Total operating expenses were approximately $5.4 million for the second quarter of fiscal year 2022, compared to approximately $10.4 million for the second quarter of fiscal year 2021. For the second quarter of fiscal year 2022, operating expenses consisted primarily of advertising and promotion fees of approximately $761,000, stock-based compensation expense of approximately $2.5 million, professional fees of approximately $163,000 and general and administrative expenses of approximately $2.0 million. General and administrative expenses in the second quarter of fiscal year 2022 consisted primarily of salaries and wages, stock option expense, insurance, lease expense, project expenses, banking fees, business fees and state and franchise taxes. For the second quarter of fiscal year 2021, operating expenses were approximately $10.4 million, consisting primarily of advertising and promotion fees of approximately $801,000, professional fees totaling approximately $7.3 million, and general and administrative expenses of approximately $2.3 million. General and administrative expenses in the second quarter of fiscal year 2021 consisted primarily of salaries and wages, insurance, banking fees, business fees, and other service fees. We expect future operating expenses to increase while we increase the footprint of our business and generate increased sales growth.
Income Taxes: During the second quarter of fiscal year 2022, we did not accrue a tax provision for income taxes, due to the pre-tax loss of approximately ($5.1) million, compared to a tax provision of approximately $187,000 for the second quarter of fiscal year 2021, due to the amount of pre-tax income for that three-month period. However, we did report a tax benefit of approximately $5,800. The reduction from the second quarter of fiscal year 2021 was due to the pre-tax operating loss recognized during the second quarter of fiscal year 2022.
Net Loss: As a result of decreased revenue, the net loss for the second quarter of fiscal year 2022 was approximately ($5.0) million, or ($0.16) basic and diluted loss per share, compared to a net loss of approximately ($4.3) million, or ($0.18) basic and diluted earnings per share, for the second quarter of fiscal year 2021. The increase in the net loss for the second quarter of fiscal year 2022, as compared to the second quarter of fiscal year 2021, is primarily attributable to the decreased revenues and increase in customer credits/discounts/rebates, as noted above.
Six months ended April 30, 2022, compared to six months ended April 30, 2021
Revenues: Revenues for the first six months of fiscal year 2022 were approximately $6.0 million, compared to $55.5 million in the same period of the prior fiscal year. Revenues decreased in the first six months of fiscal year 2022 compared to fiscal year 2021, generally due to (i) Bidi Vapor's receipt of the MDO, which limited our ability during the first six months of fiscal year 2022 to sell flavored BIDI® Sticks in the United States and (ii) increased competition. In February 2022, Bidi Vapor was granted a judicial stay on the MDO previously issued by the FDA banning the marketing and sale of non-tobacco flavored BIDI® Sticks, amongst banning these non-tobacco flavored sticks with other industry competitors. As a result of the judicial stay of Bidi Vapor's MDO, we have begun to experience an upward trajectory in our revenue as renewed distribution ramps up and sales of non-tobacco flavored BIDI® Sticks products increase, which sales remain subject to FDA's enforcement discretion (and assuming that Bidi Vapor is successful in its currently pending merits-based case). We also anticipate that if the FDA begins enforcement against illegally-marketed or synthetic-nicotine vaping products, there may be an increased demand for compliant and legal vaping products, such as the BIDI® Stick.
Cost of Revenue and Gross Profit: Gross loss in the first six months of fiscal year 2022 was approximately ($303,000), compared to gross profit of approximately $11.1 million profit for the first six months of fiscal year 2021. Total cost of revenue was approximately $6.2 million for the first six months of fiscal year 2022, compared to $44.4 million for the first six months of fiscal year 2021. The decrease in gross profit is primarily driven by the decrease in overall sales and the recognition of accumulated year-to-date credits/discounts/rebates given to customers, totaling approximately $1.4 million, resulting in an offset to revenue, net, during the six months ended April 30, 2022.
Operating Expenses: Total operating expenses were approximately $7.5 million for the first six months of fiscal year 2022, compared to approximately $14.7 million for the first six months of fiscal year 2021. For the first six months of fiscal year 2022, operating expenses consisted of commissions paid pursuant to a service agreement of approximately $1.4 million and general and administrative expenses consisting of amortized stock option expense of approximately $2.8 million, professional fees of approximately $1.4 million, salaries and wages of approximately $939,000, and all other general and administrative expenses of approximately $1.0 million. General and administrative expenses in the first six months of fiscal year 2022 consisted primarily of legal fees, salaries, other professional fees, merchant fees, and other service fees. Total operating expenses for the first six months of fiscal year 2021 were approximately $14.7 million. These operating expenses consisted primarily of advertising and promotion fees of approximately $1.8 million; professional fees of approximately $9.7 million; salary, wages, commissions, and bonuses of approximately $1.8 million; stock-based compensation expense of approximately $580,000; professional fees of approximately $163,000; and general and administrative expenses of approximately $820,000, which consisted primarily of insurance, banking fees, merchant fees, business fess and other service fees.
Cash Position: As of April 30, 2022, the Company had working capital of approximately $13.4 million and total cash of $4.7 million.
Liquidity and Capital Resources: Cash flow used in operations was approximately $(4.6) million for the first six months of fiscal year 2022, compared to $(5.2) million used in operations for the first six months of fiscal year 2021. The decrease in cash flow used in operations for the first six months of fiscal year 2022 compared to the first six months of fiscal 2021 was primarily due to the decrease in stock-based compensation, accounts receivable, and accounts payable, offset by an increase in stock option expense, which is a non-cash item.
Cash flow used in financing activities was approximately $1.5 million for the first six months of fiscal year 2022, compared to $78,000 for the first six months of fiscal year 2021. Cash provided by financing activities during the first six months of fiscal year 2022 resulted from the exercise of warrants by various stockholders. The cash used in financing activities for the first six months of fiscal year 2022 and fiscal year 2021 consisted of cash used for the settlement of restricted stock units issued to employees.
ABOUT BIDI VAPOR
Based in Melbourne, Florida, Bidi Vapor maintains a commitment to responsible adult-focused marketing, strict youth access prevention measures and age-verification standards, as well as sustainability through its BIDI® Cares recycling program. Bidi Vapor's device, the BIDI® Stick, is a premium product made with high-quality components, a UL-certified battery and technology designed to deliver a consistent vaping experience for adult smokers 21 and over. Bidi Vapor is also adamant about strict compliance with all federal, state, and local guidelines and regulations. At Bidi Vapor, innovation is key to its mission, with the BIDI® Stick promoting environmental sustainability, while providing a unique vaping experience to adult smokers.
Mr. Patel, the Company's Chief Executive Officer, owns and controls Bidi Vapor. As a result, Bidi Vapor and the Company are considered under common control and Bidi Vapor is considered a related party.
For more information, visit www.bidivapor.com
ABOUT KAIVAL BRANDS
Based in Grant, Florida, Kaival Brands Innovations Group, Inc., is a company focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets. Our vision is to develop internally, acquire, own, or exclusively distribute these innovative products and grow each into dominant market-share brands with superior quality and recognizable innovation. Kaival Brands and Philip Morris International Inc. are the exclusive global distributors of products manufactured by Bidi Vapor.
Learn more about Kaival Brands at www.ir.kaivalbrands.com
Forward-Looking Statements
This press release includes statements that constitute "forward-looking statements" within the meaning of federal securities laws, which are statements other than historical facts that frequently use words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "intend," "may," "plan," "position," "should," "strategy," "target," "will," and similar words. All forward-looking statements speak only as of the date of this press release. Although we believe that the plans, intentions, and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions, or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecasted in such statements. Our business may be influenced by many factors that are difficult to predict, involve uncertainties that may materially affect results, and are often beyond our control. Factors that could cause or contribute to such differences include, but are not limited to, the success of our agreement with PMPSA, how quickly international markets adopt our product, the timing and results of Bidi Vapor's appeal of the FDA's PMTA denials for its non-tobacco flavored ENDS products; the scope of future FDA enforcement of regulations in the ENDS industry; the FDA's approach to the regulation of synthetic nicotine and its impact on our business; potential federal and state flavor bans and other restrictions on ENDS products; the duration and scope of the COVID-19 pandemic and impact on the demand for the products we distribute; the actions governments, businesses, and individuals take in response to the pandemic, including mandatory business closures and restrictions on onsite commercial interactions; the impact of the pandemic and actions taken in response to the pandemic on global and regional economies and economic activity; the pace of recovery when the COVID-19 pandemic subsides; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps that we could take to reduce operating costs; our inability to generate and sustain profitable sales growth, including sales growth in the international markets; circumstances or developments that may make us unable to implement or realize anticipated benefits, or that may increase the costs, of our current and planned business initiatives; changes in government regulation or laws that affect our business; significant changes in our relationships with our distributors or sub-distributors; and those factors detailed by us in our public filings with the Securities and Exchange Commission. All forward-looking statements included in this press release are expressly qualified in their entirety by such cautionary statements. Except as required under the federal securities laws and the Securities and Exchange Commission's rules and regulations, we do not have any intention or obligation to update any forward-looking statements publicly, whether as a result of new information, future events, or otherwise.
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SOURCE Kaival Brands | https://www.kxii.com/prnewswire/2022/06/21/kaival-brands-reports-fiscal-2022-second-quarter-financial-results/ | 2022-06-21T12:25:51Z |
One of our secret ingredients to build flavor fast is miso. As an umami base, it helps balance and unify sweet and sour notes in everything from chicken to pasta, even cookies.
It goes particularly well in a sweet-savory marinade for grilled skirt steak, amplifying the meat’s beefiness and balancing the sugars in Asian chili-garlic sauce.
In this recipe from our book “Milk Street Tuesday Nights,” which limits recipes to 45 minutes or less, we preferred red miso for its rich flavor, which is deeper than the more common white miso (though white also would be delicious). For a double dose of flavor, we use it in the sauce and the marinade, which also includes soy sauce, sesame oil and a bit of white sugar.
Once the meat is cooking, the sugars in the marinade caramelize to create flavorful browning, and the steak finishes in only a few minutes on each side.
Though we developed this recipe for the stovetop, it will work equally well on a cleaned and well-oiled grill. Just be sure to thoroughly pat the meat dry so the marinade doesn’t cause flare-ups.
And don’t force the pieces of steak to release from the skillet; when they’re nicely seared and ready to be flipped, they will release easily.
Miso-marinated skirt steak
Start to finish: 35 minutes
Servings: 4
3 tablespoons red miso
1 tablespoon soy sauce
1 tablespoon chili-garlic sauce
1 tablespoon white sugar
2 teaspoons toasted sesame oil
2 teaspoons finely grated fresh ginger
2 medium garlic cloves, finely grated
1½ pounds skirt steak, trimmed and cut crosswise into 5- to 6-inch pieces, patted dry
2 tablespoons unseasoned rice vinegar
5 teaspoons grapeseed or other neutral oil, divided
In a medium bowl, whisk together the miso, soy sauce, chili-garlic sauce, sugar, sesame oil, ginger and garlic.
Measure 2 teaspoons of the mixture into a small bowl and set aside.
Add the steak to the remaining mixture, turn to coat and let marinate at room temperature for 15 minutes.
Meanwhile, to the reserved 2 teaspoons, stir in the vinegar and 3 teaspoons of the oil, then set aside.
Remove the steak from the bowl and pat dry with paper towels. In a 12-inch skillet over medium-high, heat the remaining 2 teaspoons grapeseed oil until barely smoking. Add half of the steak in a single layer and cook without disturbing until well browned, 2 to 3 minutes.
Flip and cook until the second sides are well browned and the center of the thickest piece reaches 125 degrees for medium-rare, another 2 to 3 minutes.
Transfer to a platter, then repeat with the remaining steak, using the fat in the pan. Tent with foil and let rest for 10 minutes.
Stir any accumulated juices on the platter into the reserved miso mixture. Cut the steak against the grain on the bias into thin slices and return to the platter. Serve with the miso sauce.
Editor’s note: This story was distributed by The Associated Press. For more recipes visit www.tdtnews.com/life/food. | https://www.tdtnews.com/life/food/article_b7afe594-336a-11ed-aa4a-93f35fbf4faa.html | 2022-09-14T08:53:29Z |
Crash Champions to become a leading national collision repair service provider and one of the fastest growing operators with over 550 locations across 35 states
CHICAGO and SANTA MONICA, Calif. and DALLAS, July 14, 2022 /PRNewswire/ -- Crash Champions ("Crash Champions" or the "Company"), one of the nation's fastest growing independent collision repair service providers, announced today that it has entered into an agreement to receive a growth investment from Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake") and will simultaneously execute a strategic transaction with Service King Collision ("Service King"). Crash Champions' management team and operating partners, alongside Clearlake, will lead the combined Company going forward. Following closing and integration, the Company will operate over 550 total locations across 35 states and the District of Columbia under the Crash Champions name and banner. Terms of the transaction, which is subject to customary closing conditions including regulatory clearances, were not disclosed.
Founded in 1999 by Matt Ebert, Crash Champions is a U.S. operator of over 200 collision repair facilities. Having expanded from a single storefront in Chicago into a present-day network of 20 states, each location is built on the Company's founder and operator-led values, championing customer service and workplace satisfaction.
Since its founding in 1976, Service King has grown into one of the industry's largest collision repair platforms with over 330 locations spanning 24 states. Today, Service King offers deep footprint coverage in many of the nation's fastest growing MSAs, including Atlanta, Austin, Dallas, Houston, Las Vegas, Nashville, Phoenix, Salt Lake City, San Antonio, Seattle, and Washington, D.C. Partnering with Crash Champions will allow Service King to better serve its customers and carrier partners, while driving long-term value for employees, vendors, and investors.
"Today is an exciting day for Crash Champions and another major milestone in our growth story," said Mr. Ebert, founder and CEO of Crash Champions. "This strategic combination further enhances our ability to serve our customers and insurance partners while creating advancement opportunities for our team members across both organizations."
As part of the transaction, Clearlake is providing growth capital to Crash Champions. This marks Clearlake's second investment in the collision repair industry, having recently announced the capital infusion and debt recapitalization of Service King. Crash Champions' management team will execute on the Company's go-forward strategy with Clearlake's support.
"This investment was driven by our thematic-based approach to investing in the automotive aftermarket and our specific identification of the collision repair sector as an ecosystem at a historical inflection point," said José E. Feliciano, Co-Founder and Managing Partner, and Colin Leonard, Partner of Clearlake. "The proliferation of vehicle technology has put unique demands on the shop operators to invest in OEM certifications, equipment, and most importantly their personnel to deliver safe and efficient service. We are impressed by Matt and the Crash Champions leadership team and admire their commitment to customer service and re-investment in both their operations and talent. It is exciting to partner with them to create this differentiated national platform, and we look forward to utilizing our O.P.S.® framework to unlock the inherent value of this combination and position the platform for continued strong growth."
Following the closing of this deal, the combined Company's total workforce will exceed 9,200 team members. Crash Champions and Service King have highly complementary geographic footprints with limited overlap. During the post-closing integration activities, both Crash Champions and Service King will continue operating at all service centers nationwide without interruption.
"We remain committed to the operator-first mindset that has guided us throughout our history. This approach has enabled us to successfully integrate hundreds of shops and thousands of employees into one of the leading employers in the collision repair industry. As we welcome Service King's customers and skilled team members into our family, we will continue this tradition and earn their trust every day," concluded Mr. Ebert.
For more information about Crash Champions, visit our website and watch our video here. For those collision repair companies interested in selling their business, Crash has made it easy. Please visit www.crashchampions.com/sell-your-shop to learn more.
Crash Champions is a leading independent collision repair company operating 218 state-of-the-art centers across 20 states—including: California, Colorado, Florida, Idaho, Illinois, Iowa, Kansas, Maryland, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Pennsylvania, Ohio, Oregon, Washington, and Wisconsin—as well as Washington, DC. Founded in 1999 as a single shop outside Chicago by industry veteran and entrepreneur Matt Ebert, today Crash Champions is one of the fastest growing and largest founder-led and operated collision repair MSOs in America. For more information, visit www.crashchampions.com.
Service King Collision®, which is now celebrating over 45 years of experience in the automotive repair industry, is a national operator of comprehensive, high-quality auto body collision repair facilities. The organization is consistently recognized for its commitment to customer satisfaction, quality workmanship, and giving back to the industry through innovative training and recruiting initiatives. Service King traces its roots to Dallas, Texas and founder Eddie Lennox, who opened the first Service King in 1976. Today, Service King operates 334 locations in 24 states, as well as the District of Columbia. For more information, please visit www.serviceking.com.
Clearlake Capital Group, L.P. is an investment firm founded in 2006 operating integrated businesses across private equity, credit, and other related strategies. With a sector-focused approach, the firm seeks to partner with management teams by providing patient, long-term capital to businesses that can benefit from Clearlake's operational improvement approach, O.P.S.® The firm's core target sectors are industrials, technology, and consumer. Clearlake currently has over $72 billion of assets under management, and its senior investment principals have led or co-led over 400 investments. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. More information is available at www.clearlake.com and on Twitter @Clearlake.
Contacts:
For Crash Champions
Gaffney Bennett PR
Crash@gbpr.com
For Clearlake
Jennifer Hurson
Lambert & Co.
(845) 507-0571
jhurson@lambert.com
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SOURCE Crash Champions; Clearlake Capital Group | https://www.mysuncoast.com/prnewswire/2022/07/14/crash-champions-announces-growth-investment-clearlake-strategic-transaction-with-service-king/ | 2022-07-14T21:59:25Z |
ST. LOUIS (AP) — The cheers began for Adam Wainwright and Yadier Molina as they walked in from the bullpen before the game, the St. Louis fans standing to salute them for all they’d accomplished together.
After the final out in a 4-1 victory over Milwaukee on Wednesday night, it was time for the Cardinals to shower the record-making duo with a clubhouse celebration.
Wainwright and Molina started together for the 325th time, the most by a battery in major league history. The duo eclipsed the regular-season mark of 324 held by the Detroit Tigers pair of Mickey Lolich and Bill Freehan from 1963-1975.
“Great feeling to be on top of that list,” Molina said. “And doing it with Waino, a great human being, it’s just amazing.”
Added Wainwright: “I don’t think anyone will break that record.”
Towels with the No. 325 were given out to fans as they entered Busch Stadium, and the ovations and tributes kept coming.
“The crowd was so awesome, making me get constant chills and tearing up,” Wainwright said.
“Usually when I get to the dugout after warming up, I’m very laser-focused on my approach to first batter,” he said. “But they were playing a video on the board and I thought, ‘you know, they’re probably not going to play any more cool videos while I’m pitching that I can really take in.’ So, I might as well enjoy it for a minute.”
Brewers leadoff man Christian Yelich got into the moment, too. The Milwaukee star stood absolutely still and made no attempt to swing at Wainwright’s first pitch, a called strike.
“They deserve that moment of respect,” Yelich said. “It was cool to see history. ”
The ball was taken out play, then Wainwright and Molina went to work at extending the Cardinals’ lead in the NL Central.
Wainwright and Molina made their first start together on April 6, 2007, in Houston. Wainwright recorded a 4-2 win in that game — the first of his 213 victories with Molina behind the plate.
The 40-year-old Molina, a perennial Glove Glover, has indicated he will retire at the end of this season. The 41-year-old Wainwright has yet to make a decision on his future.
Wainwright (11-9) gave up just one run in five innings despite allowing eight hits and walking two. He struck out three in a 98-pitch stint.
Wainwright and Molina were sprayed with Cherry Coke, Sprite and apple juice by teammates in a lengthy postgame celebration in the locker room.
Molina gave his buddy a big defensive boost, throwing out Kolten Wong attempting to steal on the back end of a strikeout to end the third. Wainwright fanned Andrew McCutchen with a 74 mph curve and Molina still got Wong by plenty.
Molina put the Cardinals ahead for good with a tiebreaking single in the second. It was his 31st career go-ahead RBI in a Wainwright start.
Nolan Arenado and Lars Nootbaar both homered for the Cardinals, who have won three of four. They stretched their division lead to eight games over the second-place Brewers.
Milwaukee had a three-game winning streak snapped and remained two games behind San Diego in the race for the final wild-card spot in the NL.
Wainwright has thrown 2,141 of his 2,553 innings to Molina. He and Molina have teamed up to record 1,815 strikeouts.
Arenado hit his 29th homer in the second off Corbin Burnes (10-7).
Burnes gave up three runs on seven hits over seven innings. He struck out five and walked one.
Nootbaar pushed the lead to 3-1 with his 12th homer in the fifth.
Albert Pujols hit an RBI double in the eighth. He remains at 697 career home runs, fourth on the all-time list behind Barry Bonds (755), Hank Aaron (714) and Babe Ruth (715).
Pujols was hit on the right shoulder by Burnes’ pitch in the sixth, but remained in the contest.
Ryan Helsley picked up his 17th save in 21 opportunities.
Yelich had two hits for the Brewers, who spent 92 days in first place in the NL Central earlier in this season.
ANOTHER GREAT ONE
NHL hockey great Wayne Gretzky was seated in the front row at the game. Gretzky played 18 games for the St. Louis Blues in 1995-96 and maintains a home in the area.
TRAINER’S ROOM
Brewers: RHP Matt Bush is listed as day-to-day after being removed in the first inning of Tuesday’s game with right groin discomfort. He threw only 15 pitches. Milwaukee manager Craig Counsell indicated that Bush will not be going on the injured list.
UP NEXT
Brewers: RHP Adrian Houser (6-9, 4.61) will face New York Yankees RHP Frankie Montas (5-12, 3.89) in the first of a three-game series on Friday in Milwaukee. Houser has just six quality starts in 18 starts this season. The Brewers are 7-11 in games his has started.
Cardinals: RHP Miles Mikolas (11-11, 3.42) takes on Cincinnati RHP Chase Anderson (0-3, 9.00) in the first of a five-game set on Thursday in St. Louis. Mikolas is 3-4 with a 5.55 ERA in 15 appearances against the Reds.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-wainwright-molina-make-history-then-lead-cards-over-brews/ | 2022-09-15T23:30:13Z |
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