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BELTON — Services for Jacki Jeter, 72, of Belton will be at 5 p.m. Sunday at Northside Church of Christ in Temple.
To submit a free obituary, please email tdt@tdtnews.com.
To submit a paid obituary, please email advertiz@tdtnews.com with verbiage, along with an optional photograph. | https://www.tdtnews.com/obituaries/article_583723b8-1d15-11ed-912a-97e527bb1c19.html | 2022-08-16T04:58:38Z |
Consumers can spend the last few weeks of summer doing what they love instead of sitting at a repair shop — First time Curbee customers save $50 on oil changes all month long
SAN FRANCISCO, Aug. 11, 2022 /PRNewswire/ -- Different motor oil for different seasons used to be commonplace but, thanks to advances in oil technology that offer protection for temperatures year round, most vehicles no longer need a specific type of oil in the summer. Regardless of season, regular oil changes are still essential to optimize a vehicle's performance and keep its engine healthy.
But who wants to spend the last few weeks of summer sitting in a repair shop waiting for their oil to be changed?
For on-the-go Bay Area residents looking to make the most of their time this month, Curbee, a mobile car-repair company, is offering new customers $50 off their oil change throughout the month of August. And for added convenience, Curbee's oil changes are conducted right at a consumer's home or workplace by full-time, qualified mechanics.
"There are endless pain points that consumers deal with when taking their car to a physical repair shop. Beyond that, it's summer! People are busy and they don't want to spend their last few weeks of August stuck in a waiting room," said Denise Leleux, CEO of Curbee.
Consumers can reap a number of benefits from maintaining healthy engine oil, including a lubricated engine which can prevent engine parts from wearing down or breaking, improved gas mileage, heightened overall engine performance, and money saved down the road due to decreased likelihood of unexpected repairs from bad oil.
Curbee's oil change service, which starts at just $99, includes a full synthetic oil and oil filter service and as with all Curbee services, a complimentary, multi-point Signature Health Check.
New Curbee customers can receive a $50 discount on their first oil change by using code OIL50 at checkout through August. Curbee's full list of services are available by simply booking an appointment at www.curbee.com or calling 1-866-CURBEE-1.
About Curbee
Founded in 2020 by leaders and builders of Tesla and Lyft's mobile car care services, Curbee is a mobile car care experience for busy people and businesses that want hassle-free car care. To learn more about Curbee's mobile car care service, visit www.curbee.com.
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SOURCE Curbee | https://www.wibw.com/prnewswire/2022/08/11/curbee-offers-50-off-oil-change-special-bay-area-residents/ | 2022-08-11T18:25:04Z |
Market drivers include emphasis on energy and workforce efficiency and growth in new construction
BOULDER, Colo., June 16, 2022 /PRNewswire/ -- A new report from Guidehouse Insights analyzes the global emergency lighting market for commercial buildings.
Until now, the market has been purely driven by changes in building codes and construction, but recent advancements in smart emergency lighting systems are expected to change the industry significantly. According to a new report from Guidehouse Insights, global revenue attributed to emergency lighting systems in commercial buildings is expected to increase from $4.6 billion in 2022 to $8.4 billion in 2031 at a compound annual growth rate (CAGR) of 6.8%.
"As improving building energy efficiency and reducing costs become top priorities for corporations globally, the market for emergency lighting systems in commercial buildings is quickly evolving," says David Gonzalez, research analyst with Guidehouse Insights. "The latest advancements in emergency lighting fixtures allow for automated self-testing and system reporting to comply with building code mandates, while improving energy usage with more efficient lighting technologies."
Although basic emergency lighting systems that meet building codes drive much of the market, indications are that more complex emergency lighting systems will be increasingly common in coming years. A growing emphasis on energy and workforce efficiency is likely to remain through the next decade, driving demand for smart emergency lighting systems. Additional market drivers include complying with building codes, central life and safety systems reporting interface, and growth in new construction, according to the report.
The report, Emergency Lighting Systemshttps://guidehouseinsights.com/reports/market-data-Smart-Streetlighting, analyzes the global market for emergency lighting systems in five technology segments: LED exit signs, combination emergency lights and exit units, emergency drivers, unit equipment, and inverter systems. The study provides an analysis of the market issues, including market drivers, market barriers, and trends associated with emergency lighting systems. Global market outlook for unit shipments and revenue, broken out by technology segment and region, extends through 2031. An executive summary of the report is available for free download on the Guidehouse Insights website.
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 13,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.
* The information contained in this press release concerning the report, Emergency Lighting Systems, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report's conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
For more information, contact:
Cecile Fradkin
+1.646.941.9139
cfradkin@scprgroup.com
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SOURCE Guidehouse Insights | https://www.wibw.com/prnewswire/2022/06/16/guidehouse-insights-estimates-market-emergency-lighting-systems-commercial-buildings-reach-8-billion-2031/ | 2022-06-16T09:39:16Z |
Platform offers HR teams a way to craft purpose-driven programs and track progress
SAN FRANCISCO, June 16, 2022 /PRNewswire/ -- BackPac today publicly launched its innovative platform that reinvents how companies deliver on diversity, equity, inclusion, and belonging (DEIB) initiatives. BackPac not only helps companies identify DEI issues but provides the tools to track and deliver on the social impact they seek.
A recent PwC survey found that 75% of organizations say that diversity and inclusion programs are a value or priority to the company, but just 4% of organizations are succeeding at the key components of a successful D&I program. These initiatives fail because the responsibility generally relies solely on one DEIB leader within the organization. BackPac extends the reach of the DEIB leader by acting as the company's DEIB team so companies can successfully execute their DEIB initiatives.
BackPac helps HR leaders report progress on DEIB initiatives to investors, executives, and other stakeholders, as well as improve employee satisfaction scores for women and other minority groups. The company also helps attract top talent and differentiate from the competition through DEI and social impact programs. DEI initiatives are an increasingly important tool for HR executives looking to hire with nearly three-quarters stating that it's important to work for an organization that values DE&I according to a United Minds survey.
Unlike other solutions on the market, the BackPac platform brings DEIB programming, training, and management together into one cohesive solution:
- DEIB Programming – Provides tools for planning and organizing DEIB calendars, celebrating cultures, and gathering performance metrics on campaigns to report on DEI initiatives and refine strategies.
- Inclusion Training – Offers education on practical inclusion practices that employees can use in their daily life, supported with action items associated with each concept at the conclusion of training.
- Social Impact Program Management – Combines donation and volunteer management to cohesively support giving and matching programs, managing tax receipts and direct payroll deductions, organizing annual volunteer days, and tracking and reporting on volunteer programs.
- Employee Resource Group (ERG) Management – Provides tools to reduce operational tasks for ERG leaders, with a dedicated landing page for employees to engage with ERG. Also enables tracking and reporting on ERG outcomes and integrating efforts for giving and volunteering for specific ERG groups.
"While companies today appear to be putting more of a focus on DEI, most are simply going through the motions and not holding themselves accountable for truly executing on the initiatives," said Brenda Pak, BackPac co-founder and CEO. "With BackPac, we hope to equip leaders with the tools they need to drive both business results and build a purpose-driven organization – one that fosters employee cultural health and can make a difference in their neighborhoods, cities, or even global causes."
Leading mission-driven companies, such as Allbirds and Brooklyn Bedding/Helix Sleep, have adopted BackPac to support their wide-ranging DEIB initiatives.
"We have a vibrant, dynamic workforce and knew we wanted to help foster a strong culture of inclusivity with initiatives that would have local and global impact," said Evan Salisbury, Director of People Operations at Allbirds. "We needed a partner that would help us design and measure the effectiveness of these efforts and BackPac is proving to be the ideal teammate."
BackPac is the only comprehensive diversity and inclusion platform that offers companies everything they need to support their diversity, equity, inclusion, and belonging (DEIB) initiatives. With BackPac, companies can evaluate their DEIB needs, track initiatives, and gain insights to support continuous improvement and access customized social impact-oriented steps to continue delivering on DEI promises. Founded in 2020 and based in San Francisco, BackPac counts Allbirds Inc. and Brooklyn Bedding/Helix Sleep among its customers. For more information, visit backpac.co.
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SOURCE BackPac | https://www.kxii.com/prnewswire/2022/06/16/backpac-launches-out-stealth-reinvent-deib-with-unified-platform-that-provides-unparalleled-support-programming-inclusion-training-social-impact-management/ | 2022-06-16T13:31:02Z |
WASHINGTON — President Joe Biden on Wednesday approved $800 million in new military assistance to Ukraine, including artillery and helicopters, to bolster its defenses against an intensified Russian offensive in the country’s East.
Biden announced the aid after a call with Ukrainian President Volodymyr Zelenskyy to coordinate the delivery of the assistance, which he said included artillery systems, artillery rounds, and armored personnel carriers, as well as helicopters.
“This new package of assistance will contain many of the highly effective weapons systems we have already provided and new capabilities tailored to the wider assault we expect Russia to launch in eastern Ukraine,” Biden said in a statement.
Biden said the U.S. will continue to work with allies to share additional weapons and resources as the conflict continues.
“The steady supply of weapons the United States and its Allies and partners have provided to Ukraine has been critical in sustaining its fight against the Russian invasion,” Biden said. “It has helped ensure that Putin failed in his initial war aims to conquer and control Ukraine. We cannot rest now.”
___
KEY DEVELOPMENTS IN THE RUSSIA-UKRAINE WAR:
— Biden approves$800M in artillery, helicopters for Ukraine
— France’s Le Pen warns against sending weapons to Ukraine
— Polish, Baltic presidents visit Ukraine in show of support
— Biden: Russia war a ‘ genocide,’ trying to ‘wipe out’ Ukraine
— Russia has yet to slow a Western arms express into Ukraine
— Forced into a basementin Ukraine, residents began to die
— Finland, Sweden move ahead toward possible NATO membership
— Go to https://apnews.com/hub/russia-ukraine for more coverage
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OTHER DEVELOPMENTS:
UNITED NATIONS — U.N. Secretary-General Antonio Guterres says there is no chance at the moment for a humanitarian cease-fire in Ukraine, as the United Nations was seeking.
But he told reporters Wednesday that the U.N. has made a number of proposals to Russia on the possibility of local cease-fires, humanitarian corridors, and the evacuation of civilians, “and we are waiting for an answer.”
Guterres sent U.N. humanitarian chief Martin Griffiths to Moscow and Kyiv as his special envoy to seek a humanitarian cease-fire, but he said, “at the present moment, a global cease-fire in Ukraine doesn’t seem possible.”
He said the U.N. proposals to Russia are aimed at minimizing “the dramatic impact” of Russia’s war against Ukraine on civilians and include creating “a mechanism” involving Russia, Ukraine, the United Nations and eventually other humanitarian bodies to permanently manage local cease-fires, humanitarian access and evacuations to avoid incidents and failures.
As for Russian President Vladimir Putin’s reported comment Tuesday that negotiations with Ukraine are at a “dead end,” Guterres said, “I will remind you that we are in an Easter period and the Easter period is about resurrection.”
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KYIV, Ukraine — A Ukrainian official has rejected Russia’s claims that more than 1,000 Ukrainian troops have surrendered in the besieged southeastern port of Mariupol. Russian Defense Ministry spokesman Maj.-Gen. Igor Konashenkov said Wednesday that 1,026 troops from the Ukrainian 36th Marine Brigade surrendered at a metals plant in the city.
But Vadym Denysenko, advisor to Ukraine’s Interior Minister, denied the claim in comments to the Current Time TV channel, saying that they haven’t heard anything like that and the battle over the sea port is ongoing.
“According to official data of (Ukraine’s) Defense Ministry and the General Staff, we haven’t heard anything like that,” Denysenko said. “Moreover, I will say … that the battle over the sea port is still ongoing today.”
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PARIS — French far-right presidential candidate Marine Le Pen warned Wednesday against sending any more weapons to Ukraine, and called for a rapprochement between NATO and Russia once Moscow’s war in Ukraine winds down.
Le Pen, an outspoken nationalist who has long ties to Russia and has supported Vladimir Putin in the past, also confirmed that if she unseats President Emmanuel Macron in France’s April 24 presidential runoff, she will pull France out of NATO’s military command and dial back French support for the whole European Union.
Macron, a pro-EU centrist, is facing a harder-than-expected fight to stay in power, in part because the economic impact of the war is hitting poor households the hardest. France’s European partners are worried that a possible Le Pen presidency could undermine Western unity as the U.S. and Europe seek to support Ukraine and end Russia’s ruinous war on its neighbor.
Asked about military aid to Ukraine, Le Pen said she would continue defense and intelligence support.
“(But) I’m more reserved about direct arms deliveries. Why? Because … the line is thin between aid and becoming a co-belligerent,” the far-right leader said, citing concerns about an “escalation of this conflict that could bring a whole number of countries into a military commitment.”
WASHINGTON — Treasury Secretary Janet Yellen has urged China to use its “special relationship with Russia” to persuade Russia to end the war in Ukraine.
Speaking at the Atlantic Council, a nonpartisan think tank, on Wednesday, Yellen said Beijing “cannot expect the global community to respect its appeals to the principles of sovereignty and territorial integrity in the future if it does not respect these principles now.”
Yellen’s speech comes a week before the International Monetary Fund-World Bank Group Spring Meetings in Washington. Her direct appeal to China underscores an increasing frustration that the United States and its allies have with a country that has only deepened its ties with Russia since the invasion of Ukraine.
“The world’s attitude towards China and its willingness to embrace further economic integration may well be affected by China’s reaction to our call for resolute action on Russia,” she said.
Yellen said that countries that undermine the sanctions the U.S. and its allies have imposed on Russia will face consequences for their actions. Leaving open the question of what the consequences for flouting the sanctions could be, Yellen said Russia’s ongoing war in Ukraine has “redrawn the contours” of the global economy, which includes “our conception of international cooperation going forward.”
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HELSINKI — European Union nations Finland and Sweden reached important stages Wednesday on their way to possible NATO membership as the Finnish government issued a security report to lawmakers and Sweden’s ruling party initiated a review of security policy options.
Russia’s invasion of Ukraine on Feb. 24 triggered a surge in support for joining NATO in the two traditionally militarily non-aligned Nordic countries, with polls showing a majority of respondents willing to join the alliance in Finland and supporters of NATO in Sweden clearly outnumbering those against the idea.
Finland, a country of 5.5 million, shares the EU’s longest border with Russia, a 1,340-kilometer (833-mile) frontier. Sweden has no border with Russia.
Russia, for its part, has warned Sweden and Finland against joining NATO, with officials saying it would not contribute to stability in Europe. Officials said Russia would respond to such a move with retaliatory measures that would cause “military and political consequences” for Helsinki and Stockholm. One of Russian President Vladimir Putin’s reasons for invading Ukraine was that the country refused to promise that it would not join NATO.
Finnish Prime Minister Sanna Marin, speaking Wednesday in Stockholm in a joint news conference with her Swedish counterpart Magdalena Andersson, said Finland is ready to make a decision on NATO “within weeks” rather than months following an extensive debate in the 200-seat Eduskunta legislature.
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GENEVA — The head of the World Health Organization slammed the global community Wednesday for its almost singular focus on the war in Ukraine, arguing that crises elsewhere, including his home country of Ethiopia, don’t receive equal consideration, possibly because those suffering aren’t white.
In a press briefing, WHO director-general Tedros Adhanom Ghebreyesus said he didn’t know “if the world really gives equal attention to black and white lives,” given that the ongoing emergencies in Ethiopia, Yemen, Afghanistan and Syria have garnered only a “fraction” of the global concern for Ukraine.
Tedros said the siege of the Tigray region of Ethiopia by Eritrean and Ethiopian forces was one of the longest in modern history and noted that a recent truce had still not allowed in significant amounts of humanitarian aid. Tedros acknowledged that the situation in Ukraine was globally significant, but questioned if other crises were being accorded enough attention.
“I need to be blunt and honest that the world is not treating the human race the same way,” he said. “Some are more equal than others.”
Tedros noted that there are about 6,000 people living in Tigray with HIV, but authorities have lost track of where they are and that “many of them, we assume they have already died.” Tedros described the situation in Tigray as “tragic” and said he “hopes the world comes back to its senses and treats all human life equally.” He also critiqued the press for its failure to document the ongoing atrocities in Ethiopia, noting that people had been burned alive in the region.
“I don’t even know if that was taken seriously by the media,” he said
____
GENEVA — Switzerland is joining a raft of new sanctions targeting people and companies in Russia over President Vladimir Putin’s military campaign in Ukraine, including his two adult daughters.
The Federal Council on Wednesday adopted new measures against Russia and Belarus, a key ally of Moscow, that mirror similar measures adopted last week by the European Union. Switzerland, which has long prided itself on its neutrality, is not among the EU’s 27 member states.
Switzerland had already lined up with previous EU sanctions. The fifth and latest package of measures focuses on finance, transport, and trade — notably bans on imports of coal, wood, cement, seafood, and vodka that “serve as important sources of revenue for Russia,” the government said.
An extra 200 people or entities were also sanctioned including Russian oligarchs and their families, as well as Putin’s adult daughters Katerina Tikhonova and Maria Vorontsova.
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MILAN — Italian energy company ENI said it has a deal to import up to 3 billion cubic meters of liquid natural gas from Egypt this year as Europe seeks to wean itself from Russian natural gas over its invasion of Ukraine.
ENI signed the deal Wednesday with EGAS (Egyptian Natural Gas Holding Company), just days after Italian Prime Minister Mario Draghi secured a deal to increase gas imports from Algeria to help replace the 29 billion cubic meters Italy imports annually from Russia.
The Algeria deal will add up to 9 billion cubic meters of gas by 2023-24 to the 21 billion cubic meters it already receives, with the increased flows starting in the fall. Russia is Italy’s top supplier of natural gas, which is used to generate electricity, heat and cool homes and power industry.
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LONDON — The Channel Island of Jersey says it is freezing assets connected to Russian billionaire Roman Abramovich estimated to be worth over $7 billion.
The Law Offices Department of Jersey, a tax haven long known for drawing large amounts of foreign direct investment, said Wednesday that the assets being targeted were either located in Jersey, or owned by Jersey-incorporated entities.
It said that police also executed a search warrant Tuesday at addresses suspected to be connected to Abramovich’s business activities. It didn’t provide details.
Abramovich, an ally of Russian President Vladimir Putin, has been sanctioned by the U.K. government and the European Union. The 55-year-old tycoon has assumed an unofficial role in the negotiations between Ukraine and Russia aimed at ending the war.
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KYIV, Ukraine — The presidents of Poland, Lithuania, Latvia and Estonia traveled by train to Kyiv on Wednesday to meet Ukrainian leader Volodymyr Zelenskyy.
The presidents of the four NATO countries on Russia’s doorstep planned to deliver “a strong message of political support and military assistance,” Lithuanian President Gitanas Nauseda said.
Nauseda, Estonian President Alar Karis, Poland’s Andrzej Duda and Egils Levits of Latvia also planned to discuss investigations into alleged Russian war crimes, including the massacre of civilians. Nauseda said the leaders had visited Borodyanka, one of the towns near Kyiv where evidence of atrocities has been found.
“This is where the dark side of humankind has shown its face,” he wrote on Twitter. “Brutal war crimes committed by the Russian army will not stay unpunished.”
____
PRAGUE — The Czech Republic has reopened its embassy in the Ukrainian capital that was closed after Russian troops invaded the country.
The Foreign Ministry said the diplomats have returned to Kyiv and the Czech flag is flying again at the embassy.
It said Wednesday’s move is “one of the steps to show our support for Ukraine.”
____
BERLIN — Experts commissioned by the Organization for Security and Cooperation in Europe say they found “clear patterns” of violations of international humanitarian law by Russian forces in Ukraine.
OSCE member countries authorized a study in early March, and the three professors chosen to conduct it — Wolfgang Benedek, Veronika Bílková and Marco Sassòli — were selected by Ukraine.
Their report, issued Wednesday, said that if the Russian forces had respected their obligations “in terms of distinction, proportionality and precautions in attack and concerning specially protected objects such as hospitals, the number of civilians killed or injured would have remained much lower.”
The experts found “some violations and problems” in Ukrainian practices, voicing concern about the treatment of prisoners of war.
The report said Russia responded by saying it considered the mechanism under which the experts were appointed “largely outdated and redundant” and declined to appoint a liaison person, referring them to official government statements and briefings.
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LONDON — Britain has announced a new round of sanctions related to Russia’s invasion of Ukraine, targeting 178 individuals who have helped prop up Kremlin-backed breakaway regions in the eastern part of the country.
Foreign Secretary Liz Truss said Wednesday that the sanctions were coordinated with the European Union. The move comes after rocket attacks that targeted civilians in eastern Ukraine.
Those sanctioned include Alexander Ananchenko, prime minister of the self-proclaimed Donetsk People’s Republic, and Sergey Kozlov, the chair of government in the Luhansk People’s Republic. Also targeted are Pavel Ezubov, cousin of Russian billionaire Oleg Deripaska, and Nigina Zairova, executive assistant to Russian tycoon Mikhail Fridman.
Truss says Britain is sanctioning “those who prop up the illegal breakaway regions and are complicit in atrocities against the Ukrainian people. We will continue to target all those who aid and abet Putin’s war.’’
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BERLIN — The German government is defending the country’s president after a diplomatic snub by Ukraine.
President Frank-Walter Steinmeier, the largely ceremonial head of state, said Tuesday that his presence apparently “wasn’t wanted in Kyiv.” He said his Polish counterpart had suggested that they both travel to Ukraine along with the presidents of the three Baltic countries.
German newspaper Bild quoted an unidentified Ukrainian diplomat as saying that Steinmeier is not welcome in Kyiv at the moment because he had close relations with Russia in the past. Steinmeier was previously Germany’s foreign minister and recently admitted mistakes in policy toward Russia.
Foreign Minister Annalena Baerbock said Wednesday she regrets that Steinmeier was unable to visit.
Ukraine’s ambassador to Germany said Chancellor Olaf Scholz would be welcome, but some German lawmakers said the snub to Steinmeier would complicate that.
Government spokesman Wolfgang Buechner defended Steinmeier, saying that he “has clearly taken a stand on Ukraine’s side.”
____
COPENHAGEN, Denmark — Sweden said Wednesday that the Scandinavian country’s customs will donate 8,000 respiratory protection, 263 chemical and gas protection suits and 88 protective suits to Ukrainian colleagues as well as vests and helmets.
The Swedish government said that Swedish Customs has asked for consent to send the equipment to Ukraine.
___
COPENHAGEN, Denmark — Latvia says it will train Ukrainian troops to handle drones.
“At the moment, we must do everything we can to promote Ukraine’s victory and to defend its principles of self-determination and sovereignty,” Defense Minister Artis Pabriks said.
He added that two Latvian companies had delivered unmanned aerial vehicles.
Latvia already has provided, among other supplies, Stinger anti-air systems to Ukraine but also weapons, personal equipment, dry food supplies, ammunition, anti-tank weapons, worth more than 200 million euros ($222 million), the defense minister said.
___
NICOSIA, Cyprus — Cyprus’ government spokesman says the country is moving to revoke citizenship for four Russians and 17 of their family members, who are included among those sanctioned by the European Union after Russia’s invasion of Ukraine.
Marios Pelekanos confirmed to The Associated Press on Wednesday that procedures are underway to strip citizenship from 21 persons. Cypriot President Nicos Anastasiades had said earlier that the government had authorized the Interior Ministry to begin revocation procedures for the four Russians, who have not been named.
The four received Cypriot passports under the country’s once lucrative citizenship-by-investment program that was scrapped in 2020.
The program’s end came in the wake of an undercover TV report that allegedly showed the parliamentary speaker and a powerful lawmaker claiming that they could skirt rules to issue a passport to a fictitious Chinese investor who had supposedly been convicted of fraud at home.
A 2021 report found that more than half of a total 6,779 passports were issued unlawfully to relatives of wealthy investors over the program’s 13-year run that generated over 8 billion euros.
___
PARIS — French President Emmanuel Macron has steered clear of calling Russia’s actions in Ukraine genocide.
Asked on France-2 television Wednesday about U.S. President Joe Biden’s use of the term, Macron said:
“I would say that Russia has unleashed an excessively brutal war in a unilateral way. It has been established that war crimes have been committed by the Russian army,” Macron said. “We must find those responsible and bring them to justice.”
“I am prudent with terms today….Genocide has a meaning. The Ukrainian people and Russian people are brotherly people. It’s madness what’s happening today. It’s unbelievable brutality and a return to war in Europe,” the French president said.
“But at the same time I look at the facts, and I want to continue to try the utmost to be able to stop the war and restore peace. I’m not sure if the escalation of words serves our cause.” | https://cw33.com/news/international/ap-international/live-updates-allied-leaders-going-to-meet-with-zelenskyy/ | 2022-04-13T19:50:28Z |
CHENGDU, China, June 10, 2022 /PRNewswire/ -- On June 9, Shanghai Guijiu Co., Ltd. (SH600696), a rapidly expanding Chinese Baijiu brand, hosted an exclusive experiential event in Chengdu with the theme of 'The Rare and Precious Masterpiece for the Future'. According to the strong mission to innovation and globalization, ultra-high-net-worth customers in Sichuan Province were invited to the future-oriented immersive premieres of the newly released Shanghai Guijiu International Collection. Through the debut of the International Collection, Shanghai Guijiu has expanded into the ultra-premium sauce-flavor Chinese Baijiu market.
As a high-end Chinese Baijiu product targeting international markets, it integrates Eastern and Western art and cultural elements as the core concept of the design which differs from the traditional baijiu products. The magnificent pattern of Eastern and Western classics was presented on the product package. The world-famous city's landmark structures are connected in the form of three-dimensional relief and surround the entire bottle. The collection expresses the culture and craftsmanship of Chinese Baijiu. It reflects Shanghai Guijiu's commitment to leading innovation in the spirits industry and advocates endless possibilities for continuous development.
'As an emerging Chinese Baijiu brand, Shanghai Guijiu has always been dedicated to accelerating its growth through constant innovation and product redefinition,' President of Shanghai Guijiu Co., Ltd., Cindy Gao said, 'Shanghai Guijiu will continue to invest in new business models by modernizing its products while encouraging the industry's long-term development in the future.'
Executive President and Business Unit President of Shanghai Guijiu Co., Ltd., Alan Yan claimed that, 'We've had a multi-brand expansion plan since we started in the spirits business. Our main brand, Shanghai Guijiu, is aimed at the ultra-premium market. The Shanghai Guijiu International Collection marks a new chapter in the baijiu industry's history, while also serves as a blueprint for all Chinese Baijiu companies looking to expand beyond their native markets.'
Shanghai Guijiu International Collection considers products as the carrier of cultures and communications. It offers great investment prospects due to its unique qualities and rarity. Shanghai Guijiu International Collection is an iconic product series that redefines trends in the Chinese Baijiu industry.
About Shanghai Guijiu
Shanghai Guijiu Co., Ltd. is a comprehensive baijiu group integrating tradition and innovation. Headquartered in Shanghai and globally focused, Shanghai Guijiu Co., Ltd. leads the innovation and development of the industry. Focusing on consumer demands, it creates exclusive personalized experiences.
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SOURCE Shanghai Guijiu | https://www.wibw.com/prnewswire/2022/06/10/shanghai-guijiu-international-collection-an-ultra-premium-chinese-baijiu-collection-premieres-redefine-chinese-baijius-position-international-markets/ | 2022-06-10T14:15:05Z |
WASHINGTON, Sept. 1, 2022 /PRNewswire/ -- The CPSC announces today the following recalls are posted in cooperation with the firms listed below. Recalls can be viewed at www.cpsc.gov.
Snow Joe Recalls Sun Joe® Cordless Lawn Mowers Due to Laceration Hazard
https://cpsc.gov/Recalls/2022/Snow-Joe-Recalls-Sun-Joe-Cordless-Lawn-Mowers-Due-to-Laceration-Hazard
UPPAbaby Recalls RIDGE Jogging Strollers Due to Fingertip Amputation Hazard; One Injury to Child Reported
https://cpsc.gov/Recalls/2022/UPPAbaby-Recalls-RIDGE-Jogging-Strollers-Due-to-Fingertip-Amputation-Hazard-One-Injury-to-Child-Reported
TJX Recalls Outdoor Metal Hanging Chairs Due to Fall Hazard
https://cpsc.gov/Recalls/2022/TJX-Recalls-Outdoor-Metal-Hanging-Chairs-Due-to-Fall-Hazard
About the U.S. CPSC
The U.S. Consumer Product Safety Commission (CPSC) is charged with protecting the public from unreasonable risk of injury or death associated with the use of thousands of types of consumer products. Deaths, injuries, and property damage from consumer product-related incidents cost the nation more than $1 trillion annually. CPSC's work to ensure the safety of consumer products has contributed to a decline in the rate of injuries associated with consumer products over the past 50 years.
Federal law prohibits any person from selling products subject to a Commission ordered recall or a voluntary recall undertaken in consultation with the CPSC.
For lifesaving information:
- Visit CPSC.gov.
- Sign up to receive our e-mail alerts.
- Follow us on Facebook, Instagram @USCPSC and Twitter @USCPSC.
- Report a dangerous product or a product-related injury on www.SaferProducts.gov.
- Call CPSC's Hotline at 800-638-2772 (TTY 301-595-7054).
- Contact a media specialist.
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SOURCE U.S. Consumer Product Safety Commission | https://www.wibw.com/prnewswire/2022/09/01/new-product-safety-recalls/ | 2022-09-01T15:18:43Z |
New offering helps to create cleaner home environments, building upon existing line of antimicrobial treated solutions
MELVILLE, N.Y., July 14, 2022 /PRNewswire/ -- Leviton today announced the introduction of its Antimicrobial Treated Decora Slide Dimmer. The device, the first antimicrobial treated dimmer on the market, is the latest addition to the company's current offering of antimicrobial treated Decora Switches, Toggle Switches, and Wallplates.
Replacing traditional devices with antimicrobial treated products provides a practical solution to help keep the surface of devices and wallplates cleaner throughout the home. By incorporating an antimicrobial additive into the product material, Leviton Antimicrobial Treated Devices help to inhibit the growth of mold, mildew, fungi, and odor-causing bacteria on the surface of the device between normal cleanings.
"Now more than ever, our customers want the many benefits and peace-of-mind that antimicrobial protection offers, but they don't want to compromise on design or functionality," explains William Randall, director of product management, residential, Leviton. "The new Decora Slide Dimmer delivers on this, providing homeowners with a stylish, high-performing dimmer and exemplifying Leviton's commitment to developing innovative and unique solutions to meet customer needs."
The Leviton Antimicrobial Treated Decora Slide Dimmer is designed for optimal control of dimmable LED and CFL bulbs as well as incandescent. It can be used in single pole or in 3-way installations when used with a 3-way switch. The device features the Leviton hallmark Decora rocker switch, which provides preset ON/OFF switching, and a smooth, integrated slide bar for fine adjustment of lighting levels. The device also includes an adjustment switch to modify the minimum light level in order to optimize the dimming range should flickering occur at lower dimming levels.
The active material used in Leviton residential antimicrobial treated products is effective in protecting the device from discoloration, staining, deterioration, and corrosion caused by mold, mildew, fungi, and odor-causing bacteria.
Leviton Antimicrobial Treated devices are ideal for entryways, kitchens, bathrooms, children's rooms, hallways, basements, utility/laundry rooms, and garages.
To learn more about the Leviton Antimicrobial Treated Decora Slide Dimmer and other Leviton Antimicrobial Treated Devices, visit www.leviton.com/antimicrobial.
Leviton residential products are the brand most preferred by builders and electrical contractors. Leviton's award-winning lighting controls and wiring devices help electrical industry professionals and homeowners create smart and safe living environments that deliver energy savings, convenience, and reliability. Learn more at www.leviton.com.
Leviton is the smart choice, delivering the most comprehensive range of solutions to meet the needs of today's residential, commercial, and industrial customers in more than 90 countries across the globe. From simple switches and receptacles, to networking systems and smart home automation, Leviton exceeds market needs by delivering innovative products to create sustainable, intelligent environments through its electrical wiring devices, network and data center connectivity solutions, LED lighting and lighting energy management systems, and security and automation applications. For Leviton, it is clear the FUTURE IS ON. For more information, visit www.leviton.com, www.facebook.com/leviton, www.twitter.com/leviton or www.youtube.com/Levitonmfg.
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SOURCE Leviton | https://www.kxii.com/prnewswire/2022/07/14/leviton-introduces-new-antimicrobial-treated-decora-slide-dimmer/ | 2022-07-14T13:27:24Z |
Rescuers free man stuck in pizza oven vent
LITHONIA, Ga. (CBS46/Gray News) – Employees at a shopping center in Georgia heard a man yelling for help as they showed up for work Tuesday morning.
“I definitely did not expect this,” Staff Sgt. Brittany Davis, a recruiter for the U.S. Army told WGCL.
She and a co-worker heard the screams as they opened the recruiting office for the day.
“We actually stepped back to see if maybe someone was on top of the roof,” Davis said, explaining the man was stuck in an oven vent overhead.
A worker at the Little Caesar’s Pizza next door heard the same screams coming from the vent more clearly.
“He was actually saying that he can’t breathe, that he’s having a panic attack,” Davis said. “Of course, I was just concerned for him.”
She called 911 and emergency workers jumped into action.
“Kind of unconventional, something we don’t deal with every day,” Captain Jaeson Daniels said.
As fire and rescue crews cut away part of the vent, they could see how narrow the space was where the man was trapped.
“I’m glad that our guys, in particular our heavy rescue unit, carries a lot of different tools and we were able to use a lot of them today to get him out safely,” Daniels said.
When rescuers finally freed the man, police officers put him in handcuffs and escorted him to an awaiting ambulance.
He was complaining of dehydration and friction burns on his arms from where he slid down the shaft, so paramedics took him to a hospital to be checked out.
Detectives did not immediately say what charges the man will face or speculate on his motive for entering the building.
“He didn’t give a statement on what he was actually doing, but it’s pretty apparent,” Daniels said. “We’ll let PD sort those things out.”
Copyright 2022 WGCL via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/07/13/rescuers-free-man-stuck-pizza-oven-vent/ | 2022-07-13T20:10:14Z |
California facing chance of blackouts amid brutal heat wave
LOS ANGELES (AP) — California will face its highest chance of blackouts this year as a brutal heat wave continues to blanket the state with triple-digit temperatures, officials warned Monday.
As people crank up their air conditioners, the state forecasted record levels of energy use that could exceed supply Monday evening, said Elliot Mainzer, president of California Independent System Operators, which runs the state’s electrical grid.
The state could fall 2,000 to 4,000 megawatts of electricity short of its power supply, which represents as much as 10% of normal demand, he said.
State energy officials said the electrical load on Tuesday potentially could hit 51,000 megawatts, the highest demand ever seen in California.
The scorching heat and low humidity were further drying out brush and adding to the challenges of battling wildfires, said Anale Burlew, a deputy chief with the California Department of Forestry and Fire Protection.
Some 4,400 firefighters were battling 14 large fires around the state, and there were 45 new blazes on Sunday alone, she said.
In Southern California, two people were killed and one injured by the Fairview Fire, which started Monday near the city of Hemet, the Riverside County Fire Department said. Roughly 50 miles (80 kilometers) southeast of Los Angeles, the fire had quickly spread to more than 2,000 acres by 11 p.m., prompting evacuations, and was only 5% contained. Multiple residential structures burned.
CAISO on Monday evening requested the activation of temporary emergency power generators deployed by the Department of Water Resources in Roseville and Yuba City. The four generators, which were activated for the first time since they were installed last year, can provide up to 120 megawatts of electricity, enough to power up to 120,000 homes.
Earlier in the day, CAISO issued a Flex Alert call for voluntary conservation between 4 p.m. and 10 p.m. on Monday and for 4 p.m. to 10 p.m. Tuesday, making seven alerts in as many days. Consumers were urged to keep air conditioners at 78 degrees (25.5 degrees C) or higher during the period and avoiding using major appliances such as ovens and dishwashers.
The efforts have worked to keep the lights on “but we have now entered the most intense phase of this heat wave” that could last into the week, and two to three times the level of conservation will be needed from people and businesses, Mainzer said.
During the day, California’s energy grid runs on a mix of mostly solar and natural gas, as well as some imports of power from other states. But solar power begins to fall off during the late afternoon and into the evening, which is the hottest time of day in some parts of the state.
Meanwhile, some of the aging natural gas plants that California relies on for backup power aren’t as reliable in hot weather.
CAISO also issued a Stage 2 Energy Emergency Alert from 6:30 p.m. to 8 p.m. Monday. The second of three emergency alert stages means taking emergency energy-saving measures “such as tapping backup generators, buying more power from other states and using so-called demand response programs,” according to a CAISO website. Stage 3 would be rolling blackouts.
Southern California Edison urged its customers to conserve energy through 10 p.m. tonight, the company said.
The state has additional energy capacity for protection at the moment “but blackouts, rolling, rotating outages are a possibility today,” Mainzer said, calling additional conservation “absolutely essential.”
Several hundred thousand Californians lost power in rolling blackouts in August 2020 amid hot weather. The state avoided a similar scenario last summer. Gov. Gavin Newsom on Friday signed legislation potentially allowing the state’s last remaining nuclear plant to stay open beyond its planned 2025 closure in order to ensure more power for the energy grid.
The National Weather Service predicted highs between 100 and 115 degrees across inland areas of the state with 80s to 90s closer to the coast. Nighttime won’t bring much relief, with many places seeing lows in the 80s or even 90s.
Ironically, unsettled weather also brought the chance of thunderstorms over Southern California and into the Sierra Nevada, with a few isolated areas of rain but nothing widespread. The storms also could produce lightning, forecasters said, which can spark wildfires.
South of the Oregon state line, the Mill Fire was 40% contained on Monday after killing two people, injuring others and destroying at least 88 homes and other buildings since it erupted last week, Burlew said.
The fire killed two women, ages 66 and 73, who were found inside the city limits of Weed on Friday after the fire broke out, the Siskyou County Sheriff’s Office announced Monday. Their names and details of their deaths weren’t immediately released.
Last week, seven firefighters were sent to the hospital for heat-related problems, but Burlew said the extreme weather wasn’t likely to disrupt current firefighting efforts.
The fire had burned 6.6 square miles of grass, brush and timber, but it wasn’t expected to grow. Many evacuations had been lifted.
However a few miles away, the Mountain Fire was 16.6 square miles, only 10% contained and winds could renew its growth east in steep terrain, fire officials said at a Monday morning briefing. No buildings had burned.
Scientists say climate change has made the West warmer and drier over the last three decades and will continue to make weather more extreme and wildfires more frequent and destructive.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/06/california-facing-chance-blackouts-amid-brutal-heat-wave/ | 2022-09-06T10:48:03Z |
DALLAS (KDAF) — After a long day’s work, the last thing we want to do when we get home is to get cooking. For a million reasons, meal prepping ahead of time can save you time, energy and frustration.
CW33’s Landon Wexler has made cooking up a week’s worth of meals a part of his Sunday routine ahead of the work week and wants to share his tips!
Grocery Shopping:
You can typically find the following ingredients at your local grocery stores including Sprouts, Tom Thumb, Aldi and more. I highly recommend purchasing your produce from a grocery store rather than a big box store.
Ingredients:
- 3 lbs. of chicken thighs
- 2 lb. of cherry tomatoes
- 1 head of garlic
- 1 bunch of scallions (green onions)
- 1 white or yellow onion
- 2 lb. worth of feta cheese bricks
- 5 oz. of heavy cream
- 1 lb. rigatoni or favorite pasta
- salt
- pepper
- garlic powder
- Italian seasoning
Cooking instructions:
- Preheat oven to 400° F
- Allow chicken to rise to room temperature on the countertop (prepares meat to cook evenly through). Season with plenty of salt, pepper, garlic powder and, if you like some extra kick, chili powder
- Chop and prepare ‘mis en place’ (n. French): the ingredients and equipment gathered and prepared for cooking
- Cook pasta (follow instructions on box). Once cooked, set aside in a large mixing bowl
- Begin cooking vegetables on high heat with cooking oil with salt. Start with onion.
- In a large pan, we’ll par-cook our chicken. Heat pan on high with cooking oil. Add salt as desired. Once the pan is hot, carefully place two chicken thighs onto the pan. Let sit in place until you see dark coloring. Do the same on another side.
- Once cooked evenly through, place cooked chicken on a plate or another landing zone.
- In 2 large oven-safe pots or dishes, combine cooked onion with uncooked cherry tomatoes. Break up a brick of feta cheese and wedge it into the vegetable mixture. Liberally, add heavy cream to containers.
- Place containers into the oven for 20 minutes – or until chicken internal temperature is 165° F
- Add pasta to each container and mix until melted cheese coats all the ingredients
- Garnish with scallions
- Let cool and you have yourself your meals for the week!
Follow @landonwexler on Instagram for more play-by-play on meal prepping. More meal prep from Lean Meals with Landon on CW33 coming soon! | https://cw33.com/news/inside-dfw/lean-meal-prep-with-landon-our-take-on-a-popular-chicken-recipe-seen-on-tik-tok/ | 2022-07-22T21:19:32Z |
Lisa Picard brings 25 years of real estate experience and joins Sway Ventures as a Partner, investing in the sustainable digital transformation of the built world.
SAN FRANCISCO, Sept. 12, 2022 /PRNewswire/ -- Sway Ventures today announced that multi-decade commercial real estate operator and former Blackstone backed, EQ Office CEO, Lisa Picard has joined the firm as a Partner. Picard adds to the PropTech investing team at Sway Ventures, which includes Ray Wirta, former Chairman of CBRE; Doug Holte, CEO for Hines Global Innovation & ESG; Stephanie Fuhrman, former MD of Innovation at Greystar; and Mollie Fadule, Chief Financial & Investment Officer at JPI Companies; among others.
"We are so excited to welcome Lisa to Sway Ventures and are confident that her extensive experience across commercial real estate as an operator will be an asset to our investing team and portfolio companies alike," said Brian Nugent, Founding General Partner at Sway Ventures. "We have no doubt she will be a valuable contributor to Sway's PropTech investing practice." Venture Partner, Ray Wirta added, "It's rare to see such a seasoned real estate veteran like Lisa join the world of PropTech investing."
"I'm thrilled to be joining the team at Sway Ventures at a time of evolution and maturation for PropTech," said Lisa Picard. "We are witnessing a major shift in the real estate space as technology is fundamentally transforming the industry and redefining everything from the client experience, to how owners and operators manage risk. Sway Ventures was an early mover in the space nearly a decade ago, and I'm looking forward to deploying capital into the next generation of category-leading PropTech companies."
Picard joins Sway following her 25-year career in nearly every area in real estate having developed $8+ billion in complex ground-up projects (i.e., office, multifamily, hotel, and mixed-use). Most recently, she was the CEO of Blackstone's office investment platform, EQ Office, leading the 200-person organization and strategy for a portfolio valued at over $27 billion.
Picard has a track record for innovative, high-quality projects that push the market in areas of customer experience and sustainability. Picard holds two master's degrees from MIT and continues to lecture on topics including design thinking and mindful leadership, as well as driving innovation and understanding risk. Prior to Blackstone, she opened the West Coast office for Skanska Commercial Development launching four development deals in five years valued at over $3 billion (with successful exits to institutional investors).
Picard has also held leadership positions at Canyon Ranch Resorts and Hines and spent several years developing investment strategies for three different institutional funds on new and existing multifamily and industrial assets. She brings formidable asset management, innovation, and business transformation expertise to Sway Ventures.
"Lisa has been someone that founders like myself look up to when it comes to her insight and vision around the transformation of this industry," said Matt Ellis, CEO and founder of Measurabl, a Sway Ventures PropTech portfolio company. "Her addition is a further vote of confidence in the team at Sway, and we look forward to working with her."
Sway Ventures has deep roots in both the real estate and construction sectors with nearly a decade of investing expertise across all stages. They were early investors in a number of pioneering PropTech companies, including Measurabl, the ESG platform built for commercial real estate, OpenGov, the modern cloud software for government, and Camino, a next-generation platform for permitting, licensing, and remote inspections. Since 2013, Sway Ventures has invested more than $80 million in PropTech and adjacent companies.
Sway Ventures is a US-based venture capital firm that backs industry-disrupting founders from inception to exit. For nearly a decade, Sway Ventures has invested in 65+ companies across four foundational industries: Finance, Real Estate, Retail, and Supply Chain. They look for teams with an ambitious vision to sustainably lead their industry. Sway Ventures like to invest early, deliver value, and continue to back companies as they grow. For more information on Sway Ventures and its portfolio companies, please visit, https://swayvc.com.
Press contact:
Patrick ONeill
press@swayvc.com
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SOURCE Sway Ventures | https://www.kxii.com/prnewswire/2022/09/12/sway-ventures-welcomes-former-blackstone-backed-eq-office-ceo-lisa-picard-partner-its-proptech-investing-team/ | 2022-09-12T15:23:10Z |
TOKYO, June 21, 2022 /PRNewswire/ --
-First Japanese Logistics Company to Collaborate with EMBALL'ISO, Experienced in Vaccine Transport-
Nippon Express Co., Ltd., a group company of Nippon Express Holdings, Inc., has become the first Japanese logistics company to collaborate with EMBALL'ISO, a French company with a proven track record in vaccine transport, by launching a new international air freight service using environment-friendly isothermal packaging produced by EMBALL'ISO.
Logo: https://kyodonewsprwire.jp/img/202206172666-O3-21gHn0Zz
Environment-friendly isothermal packaging: https://kyodonewsprwire.jp/prwfile/release/M103866/202206172666/_prw_PI1fl_d758x95t.jpg
Background to service development
The medical and pharmaceutical industries among others require strict temperature control of their products during transport, and there is growing interest in environment-friendly logistics services across all industries. As a key measure in its growth strategy for core businesses, the NX Group has positioned the pharmaceutical industry as a priority industry in the "NX Group Business Plan 2023 -- Dynamic Growth" and has accordingly been expanding its temperature-controlled transport services.
Nippon Express is the first Japanese logistics company to partner with EMBALL'ISO by developing a new service combining EMBALL'ISO's reusable passive (non-powered) high-performance isothermal packaging with international air transport, thereby enhancing its temperature-controlled transport services. This new environment-friendly service will help reduce its customers' CO2 emissions while strictly maintaining the required temperatures during transport.
Service overview
Service name
NX-SOLUTION Temperature-controlled Transport Service Using Environment-friendly Isothermal Packaging
Featuresli
-The service uses packaging with high isothermal performance that satisfies the ISTA 7D standard*.
-The environment-friendly isothermal packaging can be collected in 80 countries/regions around the world.
-Transporting goods in reusable packaging will help reduce supply-chain CO2 emissions.
*An international test standard developed by the International Safe Transit Association (ISTA) and widely adopted around the world for packaged cargo. Packages are exposed for stipulated periods of time to specified temperature environments for summer and winter to test their internal temperature retention time.
Lineup
Packaging for three temperature ranges can be selected in the sizes best suited for customers' cargo volume.
Image: https://kyodonewsprwire.jp/prwfile/release/M103866/202206172666/_prw_PI2fl_0ihi4245.png
Going forward, the NX Group will continue enhancing and expanding end-to-end services that meet the need for increasingly sophisticated and diversified pharmaceutical logistics.
About EMBALL'ISO: https://kyodonewsprwire.jp/attach/202206172666-O1-rWQgxhQh.pdf
Nippon Express website: https://www.nipponexpress.com/
NX Group's official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/
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SOURCE Nippon Express Holdings, Inc. | https://www.kxii.com/prnewswire/2022/06/21/nippon-express-launches-new-transport-service-using-environment-friendly-isothermal-packaging/ | 2022-06-21T06:15:02Z |
Highlights
- SQM will hold a hybrid Investor Day virtually and at the New York Stock Exchange on September 15, 2022. For more information or to register please visit https://sqm.connectid.cloud/.
- As a result of our operations during the first half of the year, over US$2.2 billion will go to public coffers.
- SQM reported net income for the six months ended June 30, 2022 of US$1,655.4 million.
- Earnings per share totaled US$5.80 for the first half of 2022, higher than the US$0.55 reported for the first half of 2021.
- Revenues for the first half of 2022 were US$4,618.6 million.
SQM will hold a conference call to discuss these results on Thursday, August 18, at 12:00pm ET (12:00pm Chile time).
Participant Dial-In (Toll Free): 1-855-238-1018
Participant International Dial-In: 1-412-542-4107
Webcast: https://services.choruscall.com/links/sqm220818.html
SANTIAGO, Chile, Aug. 17, 2022 /PRNewswire/ -- Sociedad Química y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A) today reported earnings for the six months ended June 30, 2022 of US$1,655.4 million (US$5.80 per share), an over 940% increase from US$157.8 million (US$0.55 per share) reported for the six months ended June 30, 2021. Gross profit reached US$2,462.1 million (53.3% of revenues) for the six months ended June 30, 2022, 663% higher than US$322.5 million (28.9% of revenues) recorded for the six months ended June 30, 2021. Revenues totaled US$4,618.6 million for the six months ended June 30, 2022, representing an increase of 314% compared to US$1,116.5 million reported for the six months ended June 30, 2021.
The Company also announced earnings for the second quarter of 2022 of US$859.3 million (US$3.01 per share), an increase of 857% compared to US$89.8 million (US$0.31 per share) for the second quarter of 2021. Gross profit for the second quarter of 2022 reached US$1,297.4 million, 598% higher than the US$185.9 million recorded for the second quarter 2021. Revenues totaled US$2,598.8 million for the second quarter 2022, an increase of approximately 342% compared to US$588.0 million for the second quarter of 2021.
SQM's Chief Executive Officer, Ricardo Ramos, stated: "We are very pleased with our results for the first half of the year. These results were related to favorable market conditions related to fertilizers, iodine and lithium and decades of investment, hard work, R&D and know-how. In fact, this year we are celebrating 25 years in the lithium industry. During this time, we have become a great partner to the government in this "public-private" alliance with CORFO. As a result of our operations during the first half of the year, over US$2.2 billion are going to public coffers due to the lithium operations. More than financial contributions, we are content that we have been able to develop the Salar de Atacama in such a way that we have become a world-renowned, integrated producer of value-added lithium products in Chile that are directly used in cutting edge batteries all over the world creating value to the local surrounding communities. All of this through a successful public-private partnership."
He closed by saying: "We are close to reach 180,000 metric tons of lithium carbonate capacity and as mentioned previously, we are not stopping there. Today, we are working to complete a lithium carbonate capacity of 210,000 metric ton of sought after, top quality, value-added product which will be produced right here in Chile. We remain committed to reducing our usage of brine and water through technology and continuous innovation. This new capacity will let us produce high value-added lithium products to power more than 5 million electric vehicles."
SQM is a global company that is listed on the New York Stock Exchange and the Santiago Stock Exchange (NYSE: SQM; Santiago Stock Exchange: SQM-B, SQM-A). SQM develops and produces diverse products for several industries essential for human progress, such as health, nutrition, renewable energy and technology through innovation and technological development. We aim to maintain our leading world position in the lithium, potassium nitrate, iodine and thermo-solar salts markets.
For further information, contact:
Gerardo Illanes 56-2-24252022 / gerardo.illanes@sqm.com
Kelly O'Brien 56-2-24252074 / kelly.obrien@sqm.com
Irina Axenova 56-2-24252280 / irina.axenova@sqm.com
For media inquiries, contact:
Maria Ignacia Lopez / ignacia.lopez@sqm.com
Pablo Pisani / pablo.pisani@sqm.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "plan," "believe," "estimate," "expect," "strategy," "should," "will" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make concerning the Company's capital expenditures, financing sources, Sustainable Development Plan, business outlook, future economic performance, anticipated profitability, revenues, expenses, or other financial items, anticipated cost synergies and product or service line growth.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are estimates that reflect the best judgment of SQM management based on currently available information. Because forward-looking statements relate to the future, they involve a number of risks, uncertainties and other factors that are outside of our control and could cause actual results to differ materially from those stated in such statements, including our ability to successfully implement the Sustainable Development Plan. Therefore, you should not rely on any of these forward-looking statements. Readers are referred to the documents filed by SQM with the United States Securities and Exchange Commission, specifically the most recent annual report on Form 20-F, which identifies other important risk factors that could cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements are based on information available to SQM on the date hereof and SQM assumes no obligation to update such statements, whether as a result of new information, future developments or otherwise, except as required by law.
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SOURCE Sociedad Quimica y Minera de Chile, S.A. (SQM) | https://www.wibw.com/prnewswire/2022/08/18/sqm-reports-earnings-six-months-ended-june-30-2022/ | 2022-08-18T03:24:47Z |
Nations to release millions of barrels of oil amid war in Ukraine
PARIS (AP) — The International Energy Agency said Thursday that its member countries are releasing 60 million barrels of oil from their emergency reserves on top of previous U.S. pledges to take aim at energy prices that have soared since Russia invaded Ukraine.
The Paris-based organization says the new commitments made by its 31 member nations, which include the United States and much of Europe, amount to a total of 120 million barrels over six months, the largest release in the group’s history.
Half of that will come from the U.S. as part of the larger release from its strategic petroleum reserve that President Joe Biden announced last week.
WARNING: The following video contains graphic content.
The IEA agreed last Friday to add to the amount of oil hitting the global market. It comes on top of the 62.7 million barrels that the agency’s members said they would release last month to ease shortages.
The releases show “the determination of member countries to protect the global economy from the social and economic impacts of an oil shock following Russia’s aggression against Ukraine,” IEA Executive Director Fatih Birol said. “Events in Ukraine are becoming more distressing by the day, and action by the IEA at this time is needed to relieve some of the strains in energy markets.”
Energy markets have been squeezed by surging demand as the global economy rebounded from the COVID-19 pandemic, outpacing supply and driving up prices. High energy prices have fueled inflation worldwide, and the war in Ukraine exacerbated the problem amid uncertainties about oil and natural gas supplies from Russia and Western sanctions on Moscow.
Russia is the world’s third-largest oil producer, with about 60% of exports going to Europe and 20% going to China.
The U.S. has banned all Russian energy supplies, while the United Kingdom says it will phase out Russian oil and coal by year’s end and halt natural gas imports “as soon as possible.”
The European Union on Thursday approved a ban on Russian coal, its first move against the Russian energy supplies it depends on to generate electricity, power industry and fill up diesel-powered vehicles and equipment.
IEA member countries hold 1.5 billion barrels in public reserves.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/07/nations-release-millions-barrels-oil-amid-war-ukraine/ | 2022-04-07T19:49:21Z |
NORFOLK, Va., May 20, 2022 /PRNewswire/ -- Kevin Stevenson, president and CEO of PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, was recognized for his proven track record of outstanding leadership, exemplary service and advocacy for positive change during the Community Builders Award ceremony yesterday evening.
The Hampton Roads Community Action Program (HRCAP) presents Community Builders Awards annually to outstanding citizens and organizations committed to creating opportunities for others to thrive.
From PRA Group's inception in 1996, Stevenson has been committed to giving back and building others up. He and his co-founder reimagined the debt collection industry and created a business focused on doing things the right way, for the right reasons, with a long-term focus.
"I am immensely grateful to receive the Community Builders Award because it is an indicator that I am achieving what I set out to do in my business and community when I helped found PRA Group over 25 years ago," said Stevenson. "A critical part of our vision has always been to make an impact by giving back to the community—in Hampton Roads where we are headquartered, and everywhere we live and work around the world."
Stevenson's determination to give back has resulted in a robust company infrastructure for employee volunteerism, corporate matching gifts and immense company giving. Recently, in celebration of PRA Group's 25th anniversary, Stevenson set the bar higher for corporate charitable donations by dedicating an additional $250,000 to nonprofits nominated by employees. This adds to more than $10 million dollars the company has contributed to charitable causes over the years.
In addition to charitable giving, Stevenson's entrepreneurship has produced thousands of jobs both locally and around the world. While maintaining a local headquarters employing over 1,300 people in Hampton Roads, he spearheaded additional call centers in Hampton and Danville as well as an office in Richmond, creating more than 1,500 jobs in Virginia.
On a personal level, Stevenson is a member of several local boards, including the Greater Norfolk Corporation and EQUI-KIDS. He has previously served on the boards of the Sandler Center for the Performing Arts and the Judeo-Christian Outreach Center (JCOC). In 2020, Stevenson and his wife singlehandedly ensured the show would go on for JCOC's Black and White Gala by hosting the event virtually from their home.
As self-reflective leader, Stevenson maintains a quiet, humble confidence that is rooted in his trust and pride in the team he has assembled to carry out his vision for the company. He is dependable in his governance, delivering on his promises whether to local, regional and national government entities, or to PRA Group's investors, clients and employees.
Stevenson's stalwart moral compass has directed PRA Group for over 25 years, and he continues to motivate employees to innovation and professional growth with his contagious enthusiasm and efforts to make personal connections.
About PRA Group
As a global leader in acquiring and collecting nonperforming loans, PRA Group returns capital to banks and other creditors to help expand financial services for consumers. With thousands of employees worldwide, PRA Group companies collaborate with customers to help them resolve their debt. For more information, please visit www.pragroup.com.
News Media Contact:
Elizabeth Kersey
Senior Vice President, Communications and Public Policy
(757) 961-3525
Elizabeth.Kersey@PRAGroup.com
Investor Contact:
Lauren Partin
Senior Vice President, Finance and Investor Relations
(757) 431-7913
IR@PRAGroup.com
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SOURCE PRA Group | https://www.mysuncoast.com/prnewswire/2022/05/20/pra-group-president-ceo-honored-with-community-builders-award/ | 2022-05-20T15:51:26Z |
- Buildings are typically large contributors to a company's Scope 1 and 2 emissions, yet most organizations don't have the tools to fully understand and control the energy they consume
- Energy-management-as-a-service offering allows companies to fully account for carbon emissions down to a device level
- Product is the cornerstone of full suite of sustainability-focused solutions and services
ATLANTA, June 20, 2022 /PRNewswire/ -- In recent years, thousands of companies have voluntarily pledged to meet sustainability targets, but many of them likely lack the knowledge and the tools to properly measure progress and how to optimize their carbon and energy footprints.i Honeywell (Nasdaq: HON) is working to help solve this problem with its new Carbon & Energy Management, a carbon energy management software, that enables building owners to track and optimize energy performance against carbon reduction goals, down to a device or asset level.
Carbon & Energy Management is the centerpiece of Honeywell's new Sustainable Buildings solutions portfolio, which is ready now to help building owners and operators meet two pressing, yet often conflicting, objectives: reducing the environmental impact of buildings while optimizing indoor air quality to support occupant well-being, with the aim of helping them to meet carbon neutral goals.
Companies face increasing pressure today – from stakeholders as well as regulatory agencies – to curb energy consumption, reduce carbon emissions and create more sustainable, healthier facilities. There's an urgent reason for this: commercial buildings currently account for almost a third of global energy consumptionii and 37% of global energy-related CO2 emissions.iii While 28% of those emissions are related to building operationsiv – or the energy used to heat, cool and power the building – many building owners likely don't have device or asset level insight into energy consumption or carbon impact.
Leveraging the Honeywell Forge enterprise performance management software solution's artificial intelligence (AI) and machine learning (ML) algorithms, Carbon & Energy Management autonomously identifies and implements energy conservation measures to help drive efficiency, resiliency and accountability throughout a real estate portfolio. It continuously investigates, analyzes and optimizes building performance, down to an asset-specific level, measuring critical sustainability KPIs including carbon emissions.
"The buildings industry has long worked to improve energy efficiency and reduce carbon impact, but it is imperative to make meaningful change in the near term – and that means building owners need better data about their operations," said Manish Sharma, vice president and general manager of Sustainable Buildings, Honeywell. "Given the increased awareness of and investment in sustainability, it's critical for a company to know – and to clearly communicate to stakeholders – how its facilities are optimizing energy baselines to reduce their carbon impact. We're helping customers create new metrics for success and removing the complexity of carbon management while balancing healthier spaces with our ready now solutions."
'Impact investors' want to know in specific terms what companies' carbon reduction goals are and what they're doing to meet them.v According to recent market studies, reducing a building's carbon footprint can potentially increase its commercial value.vi
Honeywell Carbon & Energy Management establishes an energy performance baseline using up to a three-year usage history, live meter data and environmental factors to determine which assets are driving energy consumption. The enterprise-level Carbon & Energy Management software provides a real-time dashboard of critical sustainability KPIs; aggregates carbon data from energy-related emission sources in a building – gas, electricity and fuel sources; reduces energy consumption using advanced building control capabilities; and reduces carbon footprint without compromising occupant well-being or comfort.
Carbon & Energy Management continuously collects 24/7 energy use data, logged at 15-minute intervals, and submeters all energy-consuming assets to collect granular consumption information. This data allows Honeywell to help customers establish a rigorously derived baseline, provides a roadmap for carbon neutral, and helps customers to execute the roadmap to help meet their carbon neutral goals. The solution allows building owners to avoid capital outlays for technology upgrades to meet sustainability reporting demands and minimize the time required to implement solutions.
Honeywell's advanced Sustainable Buildings portfolio can help meet energy efficiency goals, improve occupant well-being and change the way occupants experience a building. The portfolio aligns with Honeywell's commitment to achieve carbon neutrality in its facilities and operations by 2035, building on a track record of sharply reducing its greenhouse gas footprint as well as its decades-long history of innovation to help customers meet their environment, social and governance goals.
Honeywell Building Technologies (HBT) is transforming the way every building operates to help improve the quality of life. We are a leading building controls company with operations in more than 75 countries supported by a global channel partner network. Commercial building owners and operators use our hardware, software and analytics to help create safer, more sustainable and productive facilities. Our solutions and services are used in more than 10 million buildings worldwide.
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
i UC San Diego Extended Studies, "COP26 and what top companies are doing to lead the way," Jennifer McEntee, April 22, 2022. [Accessed May 6, 2022]
ii International Energy Agency, "Buildings: A source of enormous untapped efficiency potential." [Accessed May 6, 2022]
iii World Economic Forum, "Why building greener is crucial to meeting Paris climate targets," Patrick Henry, November 1, 2021. [Accessed May 9, 2022]
iv World Green Building Council, "Bringing Embodied Carbon Upfront" [Accessed June 9, 2022]
v Blackrock, "Larry Fink's 2022 letter to CEOS: the power of capitalism," Larry Fink. [Accessed May 6, 2022]
vi Financial Review, "Green buildings worth more to investors," Martin Kelly, October 21, 2021. [Accessed May 6, 2022]
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SOURCE Honeywell | https://www.wibw.com/prnewswire/2022/06/20/honeywell-provides-visibility-control-help-realize-carbon-neutral-buildings/ | 2022-06-20T11:35:47Z |
DALLAS (KDAF) — A cold front and storms will be in store for North Texas Monday night according to the National Weather Service in Fort Worth.
A cold front will move into the region after 9 p.m. which will, in turn, bring some showers and thunderstorms overnight. The areas most likely to see some severe storms would be north and northeast of the DFW Metroplex.
NWS Fort Worth says, “Not everyone will see rainfall with activity becoming more scattered farther to the southwest.”
Before the cold front and storms, NWS Fort Worth is checking some areas for new storm development on Monday. “Isolated storms are possible during the afternoon hours mainly east of I-35, but this activity is not expected to be severe. By early evening, storms may develop in NW Texas along a dryline which would move east. These storms could be severe with mainly a hail threat.” | https://cw33.com/news/local/what-to-expect-with-north-texas-monday-night-storms/ | 2022-05-02T22:09:28Z |
LAS VEGAS, May 5, 2022 /PRNewswire/ -- A mother gives everything at home and in the office as she endeavors to secure her family's future. For this upcoming Mother's Day (officially on Sunday, May 8), flowers are fine and chocolates are never a bad choice. To show love and appreciation to mothers, BLUETTI has rounded up some gift ideas on this day to make their smiles from ear to ear.
(original price $3,798, sale price $3,499)
For a mom who is fond of outdoor RV trip or camping, this combo is a gift she's sure to love. Spoil mom by a relaxing journey with a reliable power source at hand. Though no battery built-in, the AC300 is 100% modular, which can be connected with up to 4 B300 battery packs to reach a 12,288Wh capacity. The 3000W Pure Sine AC inverter is built for securely running high-load devices. The BLUETTI Fusion Box Pro can combine 2 such units in series and even boost to a massive 24,576Wh/ 6000W/ 240V. There's no more worry for her since it's capable of covering all power needs along the road.
(EP500-original price $4,599, sale price $4,399; EP500Pro-original price $5,999, sale price $4,999; )
According to Power Outage US, utility customers experienced 1.33 billion outage hours in 2020, up 73% from roughly 770 million in 2019. If trends continue, it doesn't look much brighter for 2022.
Mom is who provides the core support for most housework at home. However, unexpected power failure can drive her into crazy. The EP500/EP500Pro solar generator should be on the top list without a doubt when choosing a residential emergency power supply. Give mom the gift of convenience to enhance her woman power. By connecting either with Bluetooth or WiFi, remote control, monitor, and firmware update can be done merely with clicks on the cellphone. Release mom's stress and get ready for outage anytime.
(original price $1,999, sale price $1,899)
Mother's Day is a nice chance to set aside time and have a family gathering in the backyard. Place an AC200MAX by the dining table rather than a bunch of tangled cables, to make the happy hour with mom last for long. The AC200MAX is a classic model and has become one of the most popular models in the BLUETTI Store. It features 16 outputs to run multiple devices at the same time. The upgraded LifePO4 battery chemistry is designed to provide 3500+ life cycles to 80% of the original capacity. Flexible to recharge it in 7 ways, the maximum 1400W input rate allows it to efficiently top up to full within 2 hours.
(EB70S-Original price $599, sale price $549)
It's highly competitive in the latest market in terms of portability, which will surprise her at the first glance. Besides being ultra-lightweight, the easy-to-carry handle is ergonomically constructed to save her hassle while moving from one place to another. Simply hook up with BLUETTI solar panels PV120 or PV200 to make it a remarkable power source with endless green energy only if the sun shines through. An ideal gift option to splurge on mom.
Another exciting news, BLUETTI will launch a #BLUETTIwithMom campaign on Mother's Day, invite members on the Instagram to share photos and the sweetest moment/story with their mom, and to win a free BLUETTI power station. Follow BLUETTI Official on Instagram to learn more.
About BLUETTI
With over ten years of experience in the energy storage industry, BLUETTI is committed to building the world's best power stations for van dwellers, explorers, and off-grid life. For more information, please visit https://www.bluettipower.com/
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SOURCE BLUETTI POWER INC | https://www.kxii.com/prnewswire/2022/05/05/bluetti-shares-gift-ideas-celebrate-mothers-day/ | 2022-05-06T01:23:26Z |
London, June 13, 2022 /PRNewswire/ -- Fine wine investment platform, WineCap, announces the launch of Wine Track [winecap.com/wine-track], the most comprehensive index available in the market, which enables investors to identify the right, undervalued wines to buy and sell across the global market at the right time and price.
WineCap has developed proprietary technology to collate and analyse Liv-ex and Wine Searcher data, along with over 400,000 wine prices a day collected independently from 250 leading wine merchants across the globe to help wine investors navigate fine wine markets with confidence. Its robust, bespoke scoring system aggregates more than 100 wine critics' scores from 12 publications from around the world to produce a simple and transparent score that marks each wine out of 100. This helps investors reference a wine's quality at a glance, as some critics use different scales to grade wines.
For example, according to Wine Track, Domaine Leroy, Clos de Vougeot Grand Cru's current case price is £65,771 while Chateau de la Tour, Clos de Vougeot Grand Cru, Vieilles Vignes is £1,794, yet the wines are scored almost equally at 94.7 and 93.8 respectively1, and are from the same vineyard in Burgundy. While the former's price is driven by its excellent reputation, the latter presents better value and is significantly more accessible to retail investors looking to build a diversified portfolio.
Wine Track monitors over 75,000 investment grade wines from 1990 to the present day, enabling investors to track how prices have changed over any given period.
Wine Track is the first innovation by WineCap since the platform – whose sister company is Westgarth Wines – launched in April this year with the objective of democratising fine wine investment and making it accessible to a wider cohort of investors.
By leveraging technology and automating processes that were traditionally manual, WineCap passes on large cost savings to investors. Unlike other wine investment firms which charge annual management fees, WineCap levies a modest annual storage fee based on the number of bottles in a portfolio and a 5% commission on sales.
Alexander Westgarth, CEO at WineCap said: "The motivation behind Wine Track is to provide retail investors with a simple and transparent scoring system which pulls together and analyses the key indicators that experts use to navigate the market.
"Wine Track is especially useful for those looking to invest in rare wines. Price points are often skewed when there is a limited secondary market so our price per point scoring system and indexed price performance metrics provide a more reliable and transparent indicator. We will be continually expanding the number of vintages covered by Wine Track so it becomes an increasingly vital source of information for wine investors."
About WineCap
With decades of experience navigating the international fine wine market, Los Angeles, Bordeaux and London based WineCap aims to democratise wine investing while offering propositions that translate into maximised profits for their customers.
Their proprietary in-house technology enables them to continually monitor the global marketplace while also tapping into many other third-party fine wine authorities, securing only the most current and reliable market data, trends and fluctuations.
1Wine Track figures as of 9th June 2022.
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SOURCE WineCap | https://www.mysuncoast.com/prnewswire/2022/06/15/winecap-launches-wine-track-next-generation-wine-index/ | 2022-06-15T10:49:32Z |
AUSTIN, Texas, June 6, 2022 /PRNewswire/ -- Futurum Research and Moor Insights & Strategy will cohost The Six Five Summit 2022, a 100% virtual, on-demand event designed to help the business, technology and investor community to stay on top of the latest developments, trends, and leadership in digital transformation.
The Six Five Summit 2022, in its third year, will kick off with Arvind Krishna, Chairman & CEO of IBM on June 7th at 8am PT to discuss driving competitive advantage with hybrid cloud and artificial intelligence, followed by a conversation with President & CEO Niklas Heuveldop of Ericsson North America on transforming industries with 5G and connecting the metaverse.
Other daily keynotes speakers include:
- Darius Adamczyk, Chairman & CEO of Honeywell
- Matt Murphy, President & CEO of Marvell
Other Select Speakers Include:
- Rob Bearden, CEO of Cloudera
- Antonio Neri, President & CEO of HPE
- Gary Steele, President & CEO of Splunk
- Dr. Randir Thakur, President of Intel Foundry Services
For a full list of featured speakers, please click here.
For a full schedule of conversations, please click here.
To attend the virtual event and access 70+ pre-recorded sessions, please click here.
From the Founders of the Six Five
"As our third annual event kicks off, I couldn't be more grateful for the companies and executives that took the time to participate," shared Daniel Newman, Founding Partner of Futurum Research and Co-Founder of The Six Five. "We set out to provide our audience with market insights, intelligence, and strategies that will propel businesses forward, especially in the current economy which is going to create new challenges that technology will be critical to help solve."
"We couldn't be prouder and more excited of the lineup of world-class CEO's and Business Leaders that will be presenting at this year's Summit," said Patrick Moorhead, Chief Analyst and CEO of Moor Insights & Strategy and Co-Founder of the Six Five. "As the speed of technology continues to accelerate, hearing from such a diverse and accomplished set of voices in the tech industry provides a wonderful opportunity for business leaders and learners worldwide."
ABOUT THE SIX FIVE
The Six Five is the leading media brand for high-tech analysis. Leading global tech analysts Patrick Moorhead (Moor Insights & Strategy) and Daniel Newman (Futurum Research) are front and center on analyzing the tech industry's biggest announcements each and every week and also conducting interviews with tech industry "insiders" on a regular basis.
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SOURCE Futurum Research | https://www.kxii.com/prnewswire/2022/06/06/futurum-research-moor-insights-amp-strategy-cohost-six-five-summit-with-exciting-lineup-leading-tech-experts/ | 2022-06-06T23:31:12Z |
HELSINKI, June 16, 2022 /PRNewswire/ -- Finnish company, GekkoVet, is proud to announce their participation as showcase finalist in the Animal Health, Nutrition & Technology Innovation summit in Boston, MA on June 22nd. GekkoVet has been rapidly expanding into the animal health market and the Innovation Summit serves as a launching platform for mass market adoption in the US.
GekkoVet is a digital diagnostic and treatment tool that is based on over 50,000 pages of clinical source material to help veterinarians quickly choose from the list of clinical symptoms to return over 28,000 different symptom-diagnosis combinations. The proprietary GekkoVet algorithm returns the diagnoses list in probability order to improve the quality and speed of clinical decision making.
Arbor Pointe Veterinary Hospital owner and veterinarian Dr. Mike Petty commented, "In the face of severe staff shortages that aren't going anywhere soon our industry has no choice but to evolve to survive. For too long we've relied on Google and stacks of books for our reference needs. Everything else is accessible from a few taps on a cell phone—except clinical (decision making) tools."
GekkoVet's mission is to increase the efficiency by digitalizing clinical decision making to bridge the gap. The AVMA predicts a shortage of 15,000 veterinarians by the end of the decade in the face of growing pet ownership.
GekkoVet Co-Founder and veterinarian Dr. Johanna Majamaa notes, "GekkoVet isn't here to replace the experience and knowledge of veterinarians. We are here to be their right hand. Nobody can recall thousands of pages of source material, instead of Googling it we're here to help clinician's Gekko it to improve efficiency."
The GekkoVet team is actively seeking investors in the US market and looks forward to presenting the future of digital decision making at the Animal Health Innovation Summit in Boston.
Contact:
www.GekkoVet.com
Johanna Majamaa
Co-Founder, CEO
johanna.majamaa@gekkovet.com
+358 45 189 6144
Photo: https://mma.prnewswire.com/media/1840922/GekkoVet.jpg
Logo: https://mma.prnewswire.com/media/1840923/GekkoVet.jpg
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SOURCE Gekkovet International Oy | https://www.kxii.com/prnewswire/2022/06/16/new-digital-diagnosis-treatment-tool-gekkovet-secures-finalist-position-animal-health-innovation-summit/ | 2022-06-16T10:31:29Z |
THOUSAND OAKS, Calif., June 3, 2022 /PRNewswire/ -- Amgen (NASDAQ:AMGN) will present at the 2022 Jefferies Healthcare Conference at 9:30 a.m. ET on Wednesday, June 8, 2022. Murdo Gordon, executive vice president of Global Commercial Operations at Amgen will present at the conference. The webcast will be broadcast over the internet simultaneously and will be available to members of the news media, investors and the general public.
The webcast, as with other selected presentations regarding developments in Amgen's business given by management at certain investor and medical conferences, can be found on Amgen's website, www.amgen.com, under Investors. Information regarding presentation times, webcast availability and webcast links are noted on Amgen's Investor Relations Events Calendar. The webcast will be archived and available for replay for at least 90 days after the event.
About Amgen
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2021, Amgen was named one of the 25 World's Best Workplaces™ by Fortune and Great Place to Work™ and one of the 100 most sustainable companies in the world by Barron's.
For more information, visit www.amgen.com and follow us on www.twitter.com/amgen.
CONTACT: Amgen, Thousand Oaks
Megan Fox, 805-447-1423 (media)
Jessica Akopyan, 805-447-0974 (media)
Arvind Sood, 805-447-1060 (investors)
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SOURCE Amgen | https://www.kxii.com/prnewswire/2022/06/03/amgen-announces-webcast-2022-jefferies-healthcare-conference/ | 2022-06-03T20:52:31Z |
NEW YORK, June 8, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Loyalty Ventures Inc. ("Loyalty" or the "Company") (NASDAQ: LYLT). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Loyalty and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On June 8, 2022, Loyalty issued a press release "disclos[ing] that its AIR MILES Reward Program segment and AIR MILES' Sponsor, Sobeys were unable to align on extension terms; consequently, Sobeys provided notice of its intent to exit the program on a region-by-region basis, beginning with Atlantic Canada, between August and the first quarter of 2023."
On this news, Loyalty's stock price fell $5.01 per share, or 45.42%, to close at $6.02 per share on June 8, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/06/09/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-loyalty-ventures-inc-lylt/ | 2022-06-09T01:47:32Z |
Miami-Dade County pays $4 million for girl with severed spine
MIAMI (AP) — Miami-Dade County has agreed to pay a record $4 million for the care of a girl whose spinal cord was severed in a crash with a police cruiser that was speeding into an intersection with nonworking stoplights as a hurricane approached nearly six years ago.
The additional $3.8 million settlement is the largest claim the county has ever paid, and far exceeds an initial $200,000 the county already paid in damages for Yeilyn Quiroz Otero, the Miami Herald reported. But it’s far short of what she’ll need.
Most of the award will satisfy her past medical and legal bills, leaving less than $1.5 million for future medical bills. Her lawyers estimated that she’ll need more than $11 million for lifetime care, and deserves another $10 million for pain and suffering. But a special master found that her mother and the driver of their car were also at fault, lowering the county’s share of the blame.
The claim bill was signed by Gov. Ron DeSantis last Friday.
The 13-month-old child was sitting on her mother’s lap while the family went to Walmart on Oct. 6, 2016 to pick up baby supplies as Hurricane Matthew approached Florida, the newspaper reported. At the same time, a Miami-Dade police officer was speeding at 75 mph in a 40 mph zone, pursuing a suspect who had jumped out of a stolen car and was running through a neighborhood.
The two vehicles collided in an intersection where the stoplights weren’t working due to a power failure caused by approaching Hurricane Matthew.
The family’s lawsuit against the county and police department was settled three years later. Without admitting fault, the county agreed to pay the statutory cap of $200,000 and agreed not to contest a $3.8 million claim bill, Assistant County Attorney Richard Schevis told a hearing before a special master for the Florida Legislature. The legislative claim bill allows compensation beyond the immunity cap.
“This will make a real difference for our client,” said attorney Frank Maderal. “With these funds we hope she will be able to avoid being placed in a public nursing home when she turns 18 and will instead continue to receive in-home nursing so she can keep living with her family who loves her.”
“We never gave up,” Maderal told the newspaper. “It was equal parts lawyering, politicking, and pleading for our client. In the end we set a record. This case and this client will always have a special place for me.”
Senate Special Master Eva M. Davis found the county and Officer Daniel Escarra at fault for exceeding the allowable speed under police policy as he headed to a crime scene, and failing to stop at an intersection with nonworking lights.
But she also found that the driver of the Audi and the girl’s mother partly responsible for the girl’s injury. Hector Meraz-Funez did not have a valid driver’s license, was not wearing a seat belt, allowed eight people to ride without seatbelts in his compact sedan, and should have yielded to the lights and siren of a speeding police vehicle, she found. Fany Otero is to blame for not securing her daughter into a car seat, she found.
Meraz-Funez has been in a vegetative state since the crash, unable to move or communicate, Davis noted.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/05/24/miami-dade-county-pays-4-million-girl-with-severed-spine/ | 2022-05-24T20:16:23Z |
Couple arrested for stealing gas following ‘suspicious purchases,’ authorities say
VERNON PARISH, La. (KPLC/Gray News) - A couple from Texas have been arrested in Louisiana following the theft of diesel fuel from a convenience store, authorities said.
Usleidy Guerra Carmona, 43, and Omar Menendez Mendez, 37, were each arrested on one count of identity theft, one count of monetary instrument abuse and one count of criminal conspiracy to commit monetary instrument abuse. KPLC reports that their bond was set at $75,000.
Sheriff Sam Craft said it is the second incident in recent months involving fraudulent fuel purchases by out-of-state persons.
A Vernon Parish store employee contacted the Vernon Parish Sheriff’s Office and told them that two people had made suspicious purchases of diesel, Craft said.
The man paid at the pump using a credit card for two $100 purchases of gas, then attempted additional transactions that were denied, he said. The woman entered the store and allegedly made separate purchases using a credit card.
The clerk told detectives the pair left the store heading east, Craft said. Store employees provided a detailed description of the vehicle and license plate information.
Detectives followed and within minutes identified the suspect vehicle as it entered. Deputies initiated a stop and the vehicle reduced its speed and eventually came to a stop, according to Craft.
During the traffic stop, Carmona was found to have cut three Walmart gift cards into several pieces, then stuffed them in the front of her pants to hide them from officers, the sheriff said.
“It’s believed that the attempted destruction and concealment of the gift cards was the reason for the delay in Mendez complying with the traffic stop,” Craft said.
The truck was towed to the sheriff’s office, where a search warrant was executed, the sheriff said. Detectives said they found a compact disc allegedly containing software for a “card reader/card scanner,” software used in conjunction with a card reader to encode gift cards with credit card information.
The bed of the truck had a large fuel tank as well as several plastic jugs used for fuel transport, Craft said.
Both Carmona and Mendez were identified as Cuban Nationals, and investigators were sent to act as language interpreters.
Carmona has previous arrests in Texas for engaging in organized crime as well as misidentifying herself to law enforcement, Craft said.
Mendez, whose visa expired in 2022, also has arrests in Texas for misidentifying himself to law enforcement, the sheriff said. Immigration has placed a detainer on Mendez, he said.
Copyright 2022 KPLC via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/07/31/couple-arrested-stealing-gas-following-suspicious-purchases-authorities-say/ | 2022-07-31T17:07:42Z |
TSX: MFI
www.mapleleaffoods.com
MISSISSAUGA, ON, June 30, 2022 /PRNewswire/ - Maple Leaf Foods Inc. ("Maple Leaf" or the "Company") (TSX: MFI) announced today that it has completed an extension of its existing $2 billion sustainability-linked credit facility with its existing banking syndicate. The credit facility consists of a CDN$1.3 billion unsecured committed revolving line of credit maturing on June 29, 2027 and two unsecured committed term facilities in the amounts of US$265.0 million and CDN$350.0 million, maturing on June 29, 2027 and June 29, 2026, respectively.
"Three years ago, we launched the first sustainability-linked loan in Canada," said Geert Verellen, Chief Financial Officer. "By extending the facility, not only are we continuing to integrate Maple Leaf's sustainability commitments into all aspects of our business, we are also solidifying our access to capital as we complete near term projects like our state-of-the-art poultry facility in London, Ontario, and position ourselves to capitalize on future growth opportunities."
The sustainability-linked metrics incorporated into the credit facility are made up of annual environmental targets directly influenced by Maple Leaf's actions. These targets include greenhouse gas emissions, electricity usage, water usage, and solid waste generated. Maple Leaf may incur positive or negative pricing adjustments on drawn credit spreads and standby fees based on its performance versus the targets that have been set.
The facility bears interest based on short-term interest rates and is intended to meet the Company's remaining funding for the completion of its state-of-the-art poultry facility in London, Ontario, in addition to providing appropriate liquidity levels for the Company and general corporate purposes.
The lending syndicate for the new facility comprised of nine financial institutions with BMO Capital Markets acting as Sole Book Runner and Sustainability Structuring Agent, and BMO Capital Markets, RBC, Scotiabank, CIBC, and Rabobank Canada as Co-Lead Arrangers. Four additional lenders participated.
This document contains "forward-looking information" within the meaning of applicable securities law. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which the Company operates, as well as beliefs and assumptions made by Management of the Company. Such statements include, but are not limited to, statements with respect to objectives and goals, in addition to statements with respect to beliefs, plans, objectives, expectations, anticipations, estimates, and intentions. Specific forward-looking information in this document includes, but is not limited to, statements with respect to: construction of new manufacturing facilities, source of funds for ongoing business requirements; capital investments and expectations regarding capital expenditures. Words such as "expect", "anticipate", "intend", "may", "will", "plan", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance and involve assumptions, risks, and uncertainties that are difficult to predict, including among other things: the impact of the Company's debt service and compliance with debt covenants and other. Additional factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by the forward-looking statements are discussed more fully in the Company's filings made with the Canadian securities regulators including in the section entitled "Risk Factors" in the Company's Management's Discussion and Analysis for the year ended December 31, 2021. All of such filings are available on SEDAR at www.sedar.com.
The Company does not intend to, and the Company disclaims any obligation to, update any forward- looking statements (including any financial outlooks), whether written or oral, or whether as a result of new information, future events or otherwise, except as required by law.
Maple Leaf Foods is a carbon neutral company with a vision to be the most sustainable protein company on earth, responsibly producing food products under leading brands including Maple Leaf®, Maple Leaf Prime®, Maple Leaf Natural Selections®, Schneiders®, Schneiders® Country Naturals®, Mina®, Greenfield Natural Meat Co.®, Lightlife® and Field Roast™. The Company employs approximately 13,500 people and does business primarily in Canada, the U.S. and Asia. The Company is headquartered in Mississauga, Ontario and its shares trade on the Toronto Stock Exchange (MFI).
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SOURCE Maple Leaf Foods Inc. | https://www.mysuncoast.com/prnewswire/2022/06/30/maple-leaf-foods-extends-existing-2-billion-sustainability-linked-credit-facility/ | 2022-06-30T13:05:47Z |
JERUSALEM (AP) — A Polish Nobel Prize-winning author on Sunday called Russia a threat to the “free world,” saying its attack on neighboring Ukraine had echoes of the Second World War.
Olga Tokarczuk, known for her humanist themes and playful, subversive streak, spoke at the Jerusalem International Writers Festival.
“The Poles share the Ukrainian feeling of danger that Russia presents to the free world,” Tokarczuk said, adding that the Polish government had warned about the risk presented by Russian aggression for years.
Poland, Ukraine’s western neighbor, has taken in over three million Ukrainian refugees since Russia launched its invasion in late February. Warsaw has called for tough international sanctions against Russia.
“Nobody could imagine that this war would be so cruel so anachronistic and this war brings to mind the horrible images of World War Two,” she said.
Tokarczuk was awarded the Nobel Prize for Literature in 2018 for her 18th-century epic “The Books of Jacob,” about a Jewish mystic and sect leader named Jacob Frank. | https://cw33.com/entertainment-news/ap-entertainment/polish-nobel-author-says-russia-threat-to-free-world/ | 2022-05-16T23:48:40Z |
ORRVILLE, Ohio, Aug. 23, 2022 /PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) today announced results for the first quarter ended July 31, 2022, of its 2023 fiscal year. Financial results for the first quarter of fiscal year 2023 reflect the divestitures of the natural beverage and grains businesses on January 31, 2022, and the private label dry pet food business on December 1, 2021. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted.
EXECUTIVE SUMMARY
- Net sales increased $15.0 million, or 1 percent. Net sales excluding divestitures and foreign currency exchange increased 4 percent. Net sales reflect a 9 percent unfavorable impact related to the Jif® peanut butter product recall.
- Net income per diluted share was $1.03. Adjusted earnings per share was $1.67, a decrease of 12 percent, primarily as a result of the Jif® peanut butter product recall.
- Cash used for operations was $39.0 million, a change of 128 percent. Free cash flow was $(127.3) million, compared to $69.8 million in the prior year.
- The Company increased its full-year fiscal 2023 financial outlook for net sales, adjusted earnings per share and free cash flow.
CHIEF EXECUTIVE OFFICER REMARKS
"Our first quarter results reflect a strong start to the fiscal year, demonstrating our operational excellence and strength of our strategy. Our teams have done outstanding work to manage headwinds from cost inflation, industry-wide supply chain challenges, and the Jif® peanut butter recall," said Mark Smucker, Chair of the Board, President and Chief Executive Officer. "We delivered another quarter that exceeded our expectations, as consumers' demand for our iconic brands continued in a rising cost environment, driving robust organic top-line growth for our key focus platforms of pet, coffee, and snacking."
"Due to the better-than-expected first quarter results and sustained momentum for our trusted brands, we are raising our net sales, adjusted earnings per share, and free cash flow expectations for this fiscal year. In the months ahead, we will sustain investment in our growth platforms including the Milk-Bone®, Dunkin'®, and Smucker's® Uncrustables® brands. We remain confident in our ability to drive long-term growth and shareholder value creation through the current dynamic operating environment."
FIRST QUARTER CONSOLIDATED RESULTS
Net Sales
Net sales increased 1 percent, including a 9 percent unfavorable impact related to the Jif® peanut butter product recall. Excluding noncomparable net sales in the prior year of $58.5 million for the divested businesses, as well as $4.4 million of unfavorable foreign currency exchange, net sales increased $77.9 million, or 4 percent.
The increase in comparable net sales was primarily driven by a 14 percentage point increase from net price realization, primarily reflecting list price increases for the U.S. Retail Coffee, U.S. Retail Pet Foods, and International and Away from Home businesses, partially offset by the unfavorable impact of customer returns and fees related to the Jif® peanut butter product recall. The favorable net price realization was partially offset by a 9 percentage point decrease from volume/mix, primarily due to manufacturing downtime related to the Jif® peanut butter product recall and declines for mainstream roast and ground coffee.
Operating Income
Gross profit decreased $86.9 million, or 14 percent, including an unfavorable impact related to the Jif® peanut butter product recall. The decrease also reflects the lower contribution from volume/mix, primarily due to manufacturing downtime related to the Jif® peanut butter product recall, unsaleable inventory related to the recall, and the noncomparable impact of the divested natural beverage and grains and private label dry pet food businesses. Higher costs, primarily driven by increased commodity and ingredient, manufacturing and packaging costs, were offset by higher net price realization, inclusive of the unfavorable impact to net price realization from customer returns and fees related to the Jif® peanut butter product recall. Operating income decreased $79.7 million, or 31 percent, reflecting the decrease in gross profit and a $19.8 million increase in selling, distribution, and administrative ("SD&A") expenses, partially offset by an anticipated insurance recovery related to the Jif® peanut butter product recall.
Adjusted gross profit decreased $58.8 million, or 9 percent, including an unfavorable impact related to the Jif® peanut butter product recall. The difference between adjusted gross profit and generally accepted accounting principles ("GAAP") results reflects the exclusion of the change in net cumulative unallocated derivative gains and losses and special project costs. Adjusted operating income decreased $53.4 million, or 17 percent, further reflecting the exclusion of amortization, gain on divestiture, and other special project costs.
Interest Expense, Other Income (Expense), and Income Taxes
Net interest expense decreased $4.0 million, primarily due to the prepayment of Senior Notes in the first quarter of the prior fiscal year, partially offset by increased debt outstanding as compared to prior year.
Net other income increased $11.6 million, due to a net loss on the prepayment of Senior Notes and a settlement loss related to a defined benefit pension plan in the first quarter of the prior fiscal year.
The effective income tax rate was 22.2 percent compared to 25.0 percent in the prior year, reflecting the favorable deferred tax benefit of a state income tax rate reduction enacted in the quarter. The adjusted effective income tax rate was 23.0 percent, compared to 23.6 percent in the prior year.
Cash Flow and Debt
Cash used for operating activities was $39.0 million, compared to a cash provided of $137.8 million in the prior year, primarily reflecting a $70.0 million contribution to our U.S. qualified defined benefit pension plans this quarter, lower net income adjusted for noncash items in the current year, and an increase in cash required to fund working capital. Free cash flow was $(127.3) million, compared to $69.8 million in the prior year, reflecting the decrease in cash provided by operating activities and a $20.3 million increase in capital expenditures. Net debt borrowings in the quarter totaled $207.0 million.
FULL-YEAR OUTLOOK
The Company updated its full-year fiscal 2023 guidance as summarized below:
Ongoing cost inflation, volatility in supply chains and the overall macroeconomic environment continue to impact financial results and cause uncertainty and risk for the fiscal year 2023 outlook. Any manufacturing or supply chain disruption, as well as changes in consumer purchasing behavior, including the potential impact to volume due to recent price increases, retailer inventory levels, and broader macroeconomic conditions, could materially impact actual results. In particular, the Jif® peanut butter product recall will continue to impact our financial results for the fiscal year. The Company continues to focus on managing the elements it can control, including taking the necessary steps to minimize the impact of cost inflation, the product recall, and any potential business disruption. This guidance reflects performance expectations based on the Company's current understanding of the overall environment, inclusive of the estimated unfavorable impact of the product recall.
Net sales are expected to increase 4.0 to 5.0 percent compared to the prior year. Excluding noncomparable net sales in the prior year for the divested private label dry pet food and natural beverage and grains businesses, net sales are expected to increase approximately 6.5 percent at the mid-point of the guidance range. This reflects higher net pricing to recover cost inflation across multiple categories, partially offset by the anticipated volume/mix impact of price elasticity of demand, and an estimated 2 percent unfavorable impact related to manufacturing downtime and customer returns and fees from the Jif® peanut butter product recall.
Adjusted earnings per share is expected to range from $8.20 to $8.60, including an estimated $0.80 unfavorable impact related to the Jif® peanut butter product recall. This range reflects the benefits of higher net pricing actions and shares repurchased in the prior fiscal year being more than offset by cost inflation, the anticipated volume/mix impact of price elasticity of demand, the unfavorable impact of the Jif® peanut butter product recall, and increased SD&A expenses. This guidance assumes an adjusted gross profit margin range of 33.5 to 34.0 percent, an adjusted effective income tax rate of 24.2 percent, and 106.5 million common shares outstanding. Free cash flow is expected to be approximately $550 million, inclusive of the estimated unfavorable impact related to the Jif® peanut butter product recall, with capital expenditures of $550 million.
FIRST QUARTER SEGMENT RESULTS
(Dollar amounts in the segment tables below are reported in millions.)
U.S. Retail Pet Foods
Net sales increased $81.0 million, or 13 percent. Excluding $25.1 million of noncomparable net sales in the prior year related to the divested private label dry pet food business, net sales increased $106.1 million, or 17 percent. Higher net price realization increased net sales by 20 percentage points, primarily reflecting list price increases across the portfolio, partially offset by a decreased contribution from volume/mix of 3 percentage points.
Segment profit increased $40.4 million, primarily reflecting a favorable net impact of higher net price realization and increased commodity and ingredient, packaging, and manufacturing costs and lower marketing spend, partially offset by a decreased contribution from volume/mix.
U.S. Retail Coffee
Net sales increased $54.7 million, or 10 percent. Net price realization increased net sales by 24 percentage points, primarily reflecting list price increases across the portfolio. A reduced contribution from volume/mix decreased net sales by 14 percentage points, primarily driven by mainstream roast and ground coffee.
Segment profit decreased $5.4 million, primarily reflecting a decreased contribution from volume/mix and increased marketing investment, partially offset by the favorable net impact of higher net price realization and increased commodity costs.
U.S. Retail Consumer Foods
Net sales decreased $124.5 million, or 29 percent, including a 32 percent unfavorable impact related to the Jif® peanut butter product recall. Excluding $31.4 million of noncomparable net sales in the prior year related to the divested natural beverage and grains businesses, net sales decreased $93.1 million, or 23 percent. Volume/mix decreased net sales by 20 percentage points, primarily driven by manufacturing downtime for Jif® peanut butter, partially offset by an increase for Smucker's® Uncrustables® frozen sandwiches. Lower net price realization also contributed 3 percentage points to the net sales decline, primarily driven by the unfavorable impact of customer returns and fees related to the Jif® peanut butter product recall, partially offset by list price increases across the remainder of the portfolio.
Segment profit decreased $63.9 million, primarily reflecting the unfavorable impact of the Jif® peanut butter product recall and the noncomparable segment profit in the prior year related to the divested natural beverage and grains businesses. Excluding the unfavorable impact of the Jif® peanut butter product recall and divested businesses, segment profit increased primarily due to the net favorable impact of higher net price realization and higher commodity and ingredient, manufacturing, and packaging costs and favorable volume/mix.
International and Away From Home
Net sales increased $3.8 million, or 2 percent, including a 10 percent unfavorable impact related to the Jif® peanut butter product recall. Excluding $2.0 million of noncomparable net sales in the prior year related to the divested natural beverage and grains businesses and $4.4 million of unfavorable foreign currency exchange, net sales increased $10.2 million, or 4 percent. Excluding the impact of the divested businesses and foreign currency exchange, net sales increased 15 percent for the Away from Home operating segment, partially offset by a 6 percent decrease for the International operating segment, including the impact related to the Jif® peanut butter product recall. Net price realization contributed a 4 percentage point increase to net sales for the combined businesses, primarily driven by increases for coffee products and baking mixes and ingredients, partially offset by the unfavorable impact of customer returns and fees related to the Jif® peanut butter product recall. Volume/mix was neutral compared to the prior year.
Segment profit decreased $16.3 million, primarily reflecting the impact of the Jif® peanut butter product recall and higher commodity costs, partially offset by higher net pricing.
Financial Results Discussion and Webcast
At approximately 7:00 a.m. Eastern Time today, the Company will post to its website at investors.jmsmucker.com a pre-recorded management discussion of its fiscal 2023 first quarter financial results, a transcript of the discussion, and supplemental materials. At 9:00 a.m. Eastern Time today, the Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, President and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer. The live webcast and replay can be accessed at investors.jmsmucker.com.
The J.M. Smucker Co. Forward-Looking Statements
This press release contains forward-looking statements, such as projected net sales, operating results, earnings, and cash flows that are subject to risks and uncertainties that could cause actual results to differ materially from future results expressed or implied by those forward-looking statements. The risks, uncertainties, important factors, and assumptions listed and discussed in this press release, which could cause actual results to differ materially from those expressed, include: the impact of the COVID-19 pandemic on the Company's business, industry, suppliers, customers, consumers, employees, and communities; disruptions or inefficiencies in the Company's operations or supply chain, including any impact caused by product recalls (including the Jif® peanut butter product recall), political instability, terrorism, armed hostilities (including the ongoing conflict between Russia and Ukraine), extreme weather conditions, natural disasters, pandemics (including the COVID-19 pandemic), or other calamities; risks related to the availability of, and cost inflation in, supply chain inputs, including labor, raw materials, commodities, packaging, and transportation; the impact of food security concerns involving either the Company's products or its competitors' products, including product recalls; risks associated with derivative and purchasing strategies the Company employs to manage commodity pricing and interest rate risks; the availability of reliable transportation on acceptable terms, including any impact of the COVID-19 pandemic; the ability to achieve cost savings related to restructuring and cost management programs in the amounts and within the time frames currently anticipated; the ability to generate sufficient cash flow to continue operating under the Company's capital deployment model, including capital expenditures, debt repayment, dividend payments, and share repurchases; the ability to implement and realize the full benefit of price changes, and the impact of the timing of the price changes to profits and cash flow in a particular period; the success and cost of marketing and sales programs and strategies intended to promote growth in the Company's businesses, including product innovation; general competitive activity in the market, including competitors' pricing practices and promotional spending levels; the Company's ability to attract and retain key talent; the concentration of certain of the Company's businesses with key customers and suppliers, including single-source suppliers of certain key raw materials and finished goods, and the Company's ability to manage and maintain key relationships; impairments in the carrying value of goodwill, other intangible assets, or other long-lived assets or changes in the useful lives of other intangible assets or other long-lived assets; the impact of new or changes to existing governmental laws and regulations and their application; the outcome of tax examinations, changes in tax laws, and other tax matters; a disruption, failure, or security breach of the Company or their suppliers' information technology systems, including ransomware attacks; foreign currency exchange rate and interest rate fluctuations; and risks related to other factors described under "Risk Factors" in other reports and statements filed with the Securities and Exchange Commission, including the Company's most recent Annual Report on Form 10-K. The Company undertakes no obligation to update or revise these forward-looking statements, which speak only as of the date made, to reflect new events or circumstances.
About The J.M. Smucker Co.
Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it. At The J.M. Smucker Co., it is our privilege to be at the heart of this dynamic with a diverse portfolio that appeals to each generation of people and pets and is found in more than 80 percent of U.S. homes and countless restaurants. This includes a mix of iconic brands consumers have always loved such as Folgers®, Jif® and Milk-Bone® and new favorites like Café Bustelo®, Smucker's® Uncrustables® and Rachael Ray® Nutrish®. By continuing to immerse ourselves in consumer preferences and acting responsibly, we will continue growing our business and the positive impact we have on society. For more information, please visit jmsmucker.com.
The J.M. Smucker Co. is the owner of all trademarks referenced herein, except for the following, which are used under license: Dunkin'® is a trademark of DD IP Holder LLC, and Rachael Ray® is a trademark of Ray Marks II LLC.
The Dunkin'® brand is licensed to The J.M. Smucker Co. for packaged coffee products sold in retail channels such as grocery stores, mass merchandisers, club stores, e-commerce and drug stores. This information does not pertain to products for sale in Dunkin'® restaurants.
Non-GAAP Financial Measures
The Company uses non-GAAP financial measures, including: net sales excluding divestitures and foreign currency exchange; adjusted gross profit; adjusted operating income; adjusted income; adjusted earnings per share; earnings before interest, taxes, depreciation, amortization, and impairment charges related to intangible assets ("EBITDA (as adjusted)"); and free cash flow, as key measures for purposes of evaluating performance internally. The Company believes that investors' understanding of its performance is enhanced by disclosing these performance measures. Furthermore, these non-GAAP financial measures are used by management in preparation of the annual budget and for the monthly analyses of its operating results. The Board of Directors also utilizes certain non-GAAP financial measures as components for measuring performance for incentive compensation purposes.
Non-GAAP financial measures exclude certain items affecting comparability that can significantly affect the year-over-year assessment of operating results, which include amortization expense and impairment charges related to intangible assets; certain divestiture, acquisition, integration, and restructuring costs ("special project costs"); gains and losses on divestitures; the net change in cumulative unallocated gains and losses on commodity and foreign currency exchange derivative activities ("change in net cumulative unallocated derivative gains and losses"); and other one-time items that do not directly reflect ongoing operating results. Income taxes, as adjusted is calculated using an adjusted effective income tax rate that is applied to adjusted income before income taxes and reflects the exclusion of the previously discussed items, as well as any adjustments for one-time tax-related activities, when they occur. While this adjusted effective income tax rate does not generally differ materially from the GAAP effective income tax rate, certain exclusions from non-GAAP results can significantly impact the adjusted effective income tax rate.
These non-GAAP financial measures are not intended to replace the presentation of financial results in accordance with U.S. GAAP. Rather, the presentation of these non-GAAP financial measures supplements other metrics used by management to internally evaluate its businesses and facilitate the comparison of past and present operations and liquidity. These non-GAAP financial measures may not be comparable to similar measures used by other companies and may exclude certain nondiscretionary expenses and cash payments. A reconciliation of certain non-GAAP financial measures to the comparable GAAP financial measure for the current and prior year periods is included in the "Unaudited Non-GAAP Financial Measures" tables. The Company has also provided a reconciliation of non-GAAP financial measures for its fiscal 2023 outlook.
The following tables provide a reconciliation of the Company's fiscal 2023 guidance for estimated adjusted earnings per share and free cash flow.
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SOURCE The J.M. Smucker Co. | https://www.mysuncoast.com/prnewswire/2022/08/23/jm-smucker-co-announces-fiscal-2023-first-quarter-results/ | 2022-08-23T11:38:42Z |
NEW YORK, Aug. 8, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for IVDA, MARA, MYOV, BHIL, and QNRX.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- IVDA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=IVDA&prnumber=080820222
- MARA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=MARA&prnumber=080820222
- MYOV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=MYOV&prnumber=080820222
- BHIL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BHIL&prnumber=080820222
- QNRX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=QNRX&prnumber=080820222
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/08/08/thinking-about-buying-stock-iveda-solutions-marathon-digital-myovant-sciences-benson-hill-or-quoin-pharmaceuticals/ | 2022-08-08T13:55:36Z |
BROOMFIELD, Colo., July 21, 2022 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced that it will release its financial results for the second quarter of 2022 before the market opens on August 5, 2022. The Company will host a conference call with financial analysts the same day at 9:30 a.m. (ET).
Conference Call & Web Cast
A live web cast of the conference call, as well as a replay, will be available online on the Investor Relations section of the Company's investor website at http://ir.gogoair.com.
Participants can also join the call by dialing +1 844-543-0451 (within the United States and Canada). Please click on the below link to retrieve your unique conference ID to use to access the earnings call:
About Gogo
Gogo is the world's largest provider of broadband connectivity services for the business aviation market. We offer a customizable suite of smart cabin systems for highly integrated connectivity, inflight entertainment and voice solutions. Gogo's products and services are installed on thousands of business aircraft of all sizes and mission types from turboprops to the largest global jets, and are utilized by the largest fractional ownership operators, charter operators, corporate flight departments and individuals.
As of March 30, 2022, there were 2,699 business aircraft flying with Gogo's AVANCE L5 or L3 system. Gogo reported 6,526 aircraft flying with its ATG systems onboard and 4,522 aircraft with satellite connectivity installed as of the end of the first quarter. Connect with us at business.gogoair.com.
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SOURCE Gogo Inc. | https://www.kxii.com/prnewswire/2022/07/21/gogo-inc-report-second-quarter-2022-financial-results-august-5-2022/ | 2022-07-21T11:22:49Z |
FALLS CHURCH, Va. (AP) — Fairfax County officials have rebuffed a request from Virginia Gov. Glenn Youngkin to establish a security perimeter around the neighborhoods of U.S. Supreme Court justices living in the county after some have faced protests outside their homes.
Youngkin, a Republican, made the request Wednesday in a letter to the county board of supervisors. “I fundamentally believe such demonstrations and picketing should not be allowed at the Justice’s (sic) homes as they are meant to intimidate and influence the Justices,” he wrote.
Three Supreme Court justices — Samuel Alito, Amy Coney Barrett and Clarence Thomas — live in the county. Justices living in and outside the county have been confronted with protests outside their homes since a draft of Alito’s opinion that would overturn the Roe v. Wade abortion-rights decision was leaked.
Fairfax County Board of Supervisors Chairman Jeff McKay said Youngkin’s request for a security perimeter is unnecessary and improper. He said establishing a perimeter would amount to creating an unconstitutional neighborhood “checkpoint” that would infringe on First Amendment protest rights. He also noted that protests that have occurred outside Alito’s home in the Fort Hunt neighborhood have been peaceful.
“We will enforce laws that serve to protect persons and property,” McKay wrote. “Our officers are equally committed to protecting the First Amendment guarantees afforded to those who gather to exercise their freedom of speech.”
Fairfax County Police, for their part, said through a spokeswoman that they’re providing extra staffing in response to reports of planned protests “to maintain the safety and security of the public, while ensuring First Amendment rights are protected.”
Youngkin also joined Maryland GOP Gov. Larry Hogan in calling on federal law enforcement entities to “take the lead and provide sustained resources” to protect the justices and ensure the neighborhoods are secure in the weeks and months ahead.
In a letter addressed to U.S. Attorney General Merrick Garland, the governors called on the Department of Justice to enforce a federal law that prohibits “pickets or parades” with the intent to influence a judge.
Separately, 25 Republican attorneys general wrote to Garland, citing the same law and urging him to prevent protesters “from attempting to intimidate” the justices.
Justice Department spokesman Anthony Coley said in a statement Wednesday that Garland continues to be briefed on security matters related to the Supreme Court and justices. He noted that Garland had directed the U.S. Marshals Service to help support the Marshal of the Supreme Court and Supreme Court Police. | https://cw33.com/news/u-s-news/ap-u-s-headlines/county-governor-spar-over-protests-at-justices-homes/ | 2022-05-13T11:46:48Z |
Initial data results, detailed in a preprint manuscript, currently under peer review, to be shared by Hopelab at the 2022 Association for Psychological Science (APS) Convention, May 27, 2022
SAN FRANCISCO, May 27, 2022 /PRNewswire/ -- Hopelab today will reveal promising study results about the efficacy of imi, a free, research-backed, mental health web app developed by the innovation lab, in partnership with CenterLink, It Gets Better Project, and hundreds of LGBTQ+ youth. Initial results from a randomized controlled trial, conducted by researchers at Hopelab and University of Pennsylvania's Program on Sexuality, Technology, and Action Research (PSTAR), show that imi boosts positive coping skills and mindsets that are important for supporting the mental health of LGBTQ+ youth. The initial results will be shared by Hopelab Research Lead, Emma Bruehlman-Senecal, Ph.D., in a flash talk on May 27, 2022 at the Annual Association for Psychological Science (APS) Convention.
imi, (pronounced eye-me) helps LGBTQ+ youth explore and affirm their identity and learn practical approaches to cope with sexual and gender minority stress in ways that are supportive, relevant, inclusive, and joyful. The web app provides affirming resources, activities, and stories of lived experiences from LGBTQ+ youth on important topics like stress, LGBTQ+ identity, internalized stigma, and gender identity and expression.
Data from the randomized controlled trial (RCT) indicates that imi is effective in supporting the well-being of LGBTQ+ youth. A diverse group of LGBTQ+ youth randomly assigned to receive imi reported significantly greater improvements in coping skills, and significantly greater confidence in their coping abilities than youth randomly assigned to receive a web-based list of freely available, vetted resources for LGBTQ+ youth. These results suggest that imi may play an important role in helping LGBTQ+ teens cope with sexual and gender minority stress.
"Investing in interventions that improve the resilience of sexual and gender minority youth is critical to their survival," said Dr. José Bauermeister, lead researcher on the RCT. "Due to the stress arising from stigma and discrimination, LGBTQ+ youth are more than twice as likely to report feeling sad and hopeless, and more than three times as likely to have contemplated suicide than their straight and cisgendered peers. And these problems are further compounded for youth who face multiple sources of discrimination due to their race, ethnicity, or gender including bias, discrimination, and increased hate speech. We need to help LGBTQ+ young people – especially BIPOC youth – affirm their identities and manage stress using research-backed tools that they can freely access online, where they're already seeking support."
While imi is not a crisis tool, nor is it designed to help teens cope with suicidal thoughts, early data suggests that the interventions delivered through imi can boost positive coping skills and mindsets, which are critical supports for LGBTQ+ mental health over the long run.
imi is available for free, starting June 1, 2022 at imi.guide.
To learn more about the new data, detailed in a preprint manuscript (currently under peer review), published in May, please contact hi@hopelab.org with "imi RCT" in the subject line.
Join Dr. Bruehlman-Senecal at the APS symposium to learn more:
Symposium Title: Identity Affirming Content and Coping Skills Delivered Via a web app Supports Sexual and Gender Minority Adolescents' Ability to Cope with Sexual and Gender Minority Stress
Authors: Emma Bruehlman-Senecal and Jana Haritatos, Hopelab Foundation; Seul Ki Choi, Jesse Golinkoff, Jesse Golinkoff, and José Bauermeister, University of Pennsylvania
Date: Friday, May 27, 2022: 1-2 PM, CT
Hopelab is a social innovation lab and impact investor advancing entrepreneurs, research, digital health, and solutions that support and empower young people, especially those from historically underserved communities. The organization works to remove systemic barriers to youth mental health and emotional well-being through targeted social impact investments, hands-on design and research support for digital innovation, and translational science partnerships. Learn more at hopelab.org.
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SOURCE Hopelab | https://www.wibw.com/prnewswire/2022/05/27/imi-free-mental-health-web-app-helps-lgbtq-youth-cope-with-stress/ | 2022-05-27T11:39:43Z |
Kaival Brands supports enforcement of new prohibition on ENDS that use non-tobacco derived or synthetic nicotine
GRANT, Fla., July 14, 2022 /PRNewswire/ -- Kaival Brands Innovations Group, Inc. (NASDAQ: KAVL) ("Kaival Brands," the "Company," or "we"), the U.S. distributor of all products manufactured by Bidi Vapor, LLC ("Bidi Vapor"), which are intended for legal-age nicotine users, today announced its support of statements from Bidi Vapor, regarding its continuing support of the U.S. Food and Drug Administration (FDA)'s authority over electronic nicotine delivery systems (ENDS) devices using non-tobacco derived or "synthetic" nicotine. With the arrival of a major deadline on July 13, 2022 that will make the continued retail and distribution of all such products illegal, the Company hopes the FDA will use its powers to properly enforce its new policies. Bidi Vapor does not use synthetic nicotine in any product.
After July 13th, all synthetic nicotine products on the market will be in violation of the agency's new statutes and will be subject to FDA enforcement, unless they receive a marketing authorization from the FDA by July 13, 2022—a virtual impossibility, said officials with Bidi Vapor, based in Melbourne, Florida.
Retailers who keep these products on their store shelves could also face enforcement and penalties for selling "adulterated" tobacco products, according to the FDA guidelines.
"Now, with this new authority given to the FDA, all products containing nicotine from any source will have to undergo the same rigorous authorization process to legally go to market here in the United States," said Niraj Patel, Chief Science and Regulatory Officer of Kaival Brands. "More importantly, it focuses manufacturers who use synthetic nicotine to align with the FDA's priority of making these types of adult consumer products appropriate for the protection of the public health."
Patel cautioned retailers who continue to sell devices with synthetic nicotine after July 13th. "C-store retailers should pay close attention to what products are permitted for sale and are compliant with the requirements of the FDA, the Prevent All Cigarette Trafficking or PACT Act, and numerous state and local licensing and tax laws," Patel said. "We anticipate that as the FDA begins enforcement against illegally marketed and synthetic-nicotine vaping products, there may be an increased demand for the few remaining ENDS products made with tobacco-derived nicotine that are not currently subject to marketing denial orders, such as the BIDI® Stick."
Bidi Vapor announced its official position on synthetic nicotine in the Company's financial report published on September 14, 2021. It also shared its opinion directly with members of Congress and FDA leadership, most recently in letters to Dr. Robert Califf, the FDA commissioner, as well as Dr. Brian King, the new Director of FDA's Center for Tobacco Products.
"We hope retailers take a serious look at who their partners are," Patel said. "You want to partner with companies that comply with regulations and produce high-quality products. That's the only way the industry will survive and thrive in the future, prevent youth-access, and continue to offer adult smokers alternatives to combustible cigarettes."
Mr. Patel, the Company's Chief Science and Regulatory 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.
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.
For more information, visit www.bidivapor.com
ABOUT KAIVAL BRANDS
Based in Grant, Florida, Kaival rands 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 PMI, 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.wibw.com/prnewswire/2022/07/14/vaping-industry-reacts-fda-deadline-synthetic-nicotine-arrives/ | 2022-07-14T13:10:07Z |
NEW YORK, June 2, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Riskified Ltd. ("Riskified Ltd." or the "Company") (NYSE: RSKD) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Riskified Ltd. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons or entities who purchased Riskified Class A ordinary shares in or traceable to the Company's July 2021 initial public offering. Follow the link below to get more information and be contacted by a member of our team:
RSKD investors may also contact Joseph E. Levi, Esq. via email
at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in documents issued in connection with the July 2021 initial public offering), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (ii) Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (iii) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) thus, the representations in documents issued in connection with the July 2021 initial public offering regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the July 2021 initial public offering, and were materially false and misleading, and lacked a factual basis.
WHAT'S NEXT? If you suffered a loss in Riskified Ltd. during the relevant time frame, you have until July 1, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/06/02/rskd-lawsuit-alert-levi-amp-korsinsky-notifies-riskified-ltd-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-02T18:58:01Z |
RB Bilal Powell signs 1-day deal to retire as member of Jets
By DENNIS WASZAK Jr.
AP Pro Football Writer
NEW YORK (AP) — Running back Bilal Powell has signed a one-day contract with the New York Jets to retire as a member of the only NFL franchise he played for. The 33-year-old Powell was a fourth-round draft pick out of Louisville in 2011 and ranks eighth in Jets history with 3,675 yards rushing. His last season was 2019 when he came back a year after suffering a career-threatening neck injury. Powell was out of the NFL the past two seasons. He had 15 rushing touchdowns and caught 211 passes for 1,600 yards and five scores in 109 games over nine seasons. | https://localnews8.com/sports/ap-national-sports/2022/04/26/rb-bilal-powell-signs-1-day-deal-to-retire-as-member-of-jets/ | 2022-04-27T00:48:54Z |
SAN DIEGO, Calif., and SUZHOU and SHANGHAI, China, Aug. 2, 2022 /PRNewswire/ -- Gracell Biotechnologies Inc. (NASDAQ: GRCL) ("Gracell"), a global clinical-stage biopharmaceutical company dedicated to developing highly efficacious and affordable cell therapies for the treatment of cancer, today announced that it plans to release unaudited financial results for the second quarter ended June 30, 2022 and provide an update on recent developments prior to the open of the U.S. financial markets on Monday, August 15, 2022. The management team will host a live audio webcast and conference call at 8:00 AM Eastern Time.
Conference call and webcast details:
Monday, August 15, 2022 @ 8:00am ET
Investor domestic dial-in: (800) 715-9871
Investor international dial-in: (646) 307-1963
Conference ID: 7693510
Live webcast link: https://ir.gracellbio.com/news-events/events-and-presentations
A replay of the webcast will be available on ir.gracellbio.com shortly after the conclusion of the event for 90 days.
About Gracell
Gracell Biotechnologies Inc. ("Gracell") is a global clinical-stage biopharmaceutical company dedicated to discovering and developing breakthrough cell therapies. Leveraging its pioneering FasTCAR and TruUCAR technology platforms and SMART CARTTM technology module, Gracell is developing a rich clinical-stage pipeline of multiple autologous and allogeneic product candidates with the potential to overcome major industry challenges that persist with conventional CAR-T therapies, including lengthy manufacturing time, suboptimal cell quality, high therapy cost and lack of effective CAR-T therapies for solid tumors. For more information on Gracell, please visit www.gracellbio.com. Follow @GracellBio on LinkedIn.
Media contacts
Marvin Tang
marvin.tang@gracellbio.com
Kyle Evans
kyle.evans@westwicke.com
Investor contacts
Gracie Tong
gracie.tong@gracellbio.com
Stephanie Carrington
stephanie.carrington@westwicke.com
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SOURCE Gracell Biotechnologies Inc. | https://www.wibw.com/prnewswire/2022/08/02/gracell-biotechnologies-report-second-quarter-2022-financial-monday-august-15-2022/ | 2022-08-02T13:52:40Z |
The United States is on pace to match or surpass its worst year on record for the number of mass shootings, according to data compiled by the Gun Violence Archive, a non-profit that tracks gun violence incidents across the country.
There have been at least 246 mass shootings through June 5 this year. That's the same number the country saw through June 5 in 2021 -- the worst year on record since the Gun Violence Archive began tracking mass shootings in 2014. There were a total of 692 mass shootings in 2021.
That 246 number also means there have been more mass shootings than days so far in 2022 -- a trend that's recurred each year since 2020 -- underscoring the growing prevalence of gun violence in American life.
The pace of mass shootings in 2022 is part of the three-year uptick that began in 2020. Between 2019 and 2020, the total number of mass shootings all year jumped from 417 to 610. The number jumped again in 2021 to 692. The Gun Violence Archive, like CNN, defines a mass shooting as one in which at least four people are shot, excluding the shooter.
In 2022 so far, mass shootings have resulted in 1,357 people shot, resulting in 278 deaths.
Through the same period in 2021, there were 1,293 people shot, resulting in 280 deaths, while in 2020 the numbers show 802 people shot with 152 deaths.
Between Friday evening and Monday morning there were at least 13 mass shootings across the nation resulting in more than 80 shot and 17 dead, from a Phoenix strip mall where a 14-year-old girl was killed and eight wounded, to Chattanooga, Tennessee, where two people were killed and 14 wounded near a nightclub.
During the same weekend in 2021, there were at least 12 shootings, resulting in 72 people being shot and 10 killed. In 2020, there were nine shootings during the same time period resulting in 44 shooting victims, including five dead.
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racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article. | https://www.albanyherald.com/news/us-mass-shootings-are-on-pace-to-match-last-year----the-worst/article_f5ebe1aa-052b-5018-b899-09bf79757d35.html | 2022-06-07T18:18:49Z |
This annual leadership and training conference focuses on equipping believers with necessary tools to lead, serve, and grow everyday through the context of their faith.
NASHVILLE, Tenn., April 12, 2022 /PRNewswire/ -- R.H. Boyd will host the 2022 Vision Conference™ June 16–18, in conjunction with the 116th Annual Session of the National Baptist Congress. The Vision Conference™ theme is "Building Legacies Through Leadership" (Psalm 145:4) and will be held at the Sheraton Grand Nashville Downtown.
The Vision Conference is a premier leadership event offering helpful resources that encompass a broad spectrum of interests, including panels, financial literacy discussions for youth and adults, women's empowerment, sermons, youth ministries, a targeted youth rally, live entertainment, and access to the Seminary Now™ Urban Leadership Program at Northern Seminary.
R.H. Boyd and the National Baptist Congress, a consortium of churches and organizations focused on Christian education and leadership, are proudly celebrating milestone anniversaries since their founding in 1896 and 1906, respectively.
"After being virtual for two years, we are grateful to gather in-person in 2022 to host the conference in our home city of Nashville." said Dr. LaDonna Boyd, fifth-generation president/CEO. "We are excited to offer our attendees and partners greater opportunities to learn, grow, fellowship, and explore all that our city has to offer."
On June 17, 2022, R.H. Boyd will host the Legacy Ball in celebration of the company's 125th anniversary. "The contributions of this company and founder Dr. Richard Henry Boyd to Nashville history, Black History, and this nation's history are vast. Celebrating this milestone is very important to our organization and the Boyd Family as well. We truly count it a privilege and honor to continue this legacy," said Dr. Boyd.
Conference and Legacy Ball sponsorship opportunities are available at various levels. All sponsorship funds support conference programming and the R.H. Boyd Family Endowment Fund, a tax-deductible fund that invests in students and communities through undergraduate and graduate scholarships and community grants.
To register for the Vision Conference™ or to learn about sponsorship opportunities and the Endowment program, please visit visionconference.org. To learn more about the Legacy Ball, visit www.rhboyd.com/legacyball. Follow us on Instagram @visionconference_official and @rhboydco for additional details.
Emmanuel LeGrair
marketing@rhboyd.com
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SOURCE R.H. Boyd Publishing Corporation | https://www.mysuncoast.com/prnewswire/2022/04/12/rh-boyd-host-vision-conference-empowering-forward-thinking-leaders-today-tomorrow/ | 2022-04-12T13:15:09Z |
WASHINGTON (AP) — Vice President Kamala Harris met with attorneys general from seven Democratic-led states on Thursday and suggested they might be able to lead legal challenges of any new state abortion restrictions that grow out of an upcoming Supreme Court ruling expected to weaken the landmark Roe v. Wade decision.
Harris has increasingly become a leading White House voice on the issue since the leak last month of a draft high court opinion suggesting that justices are on the brink of overturning the 1973 Roe v. Wade ruling legalizing abortion nationwide. In recent weeks, she’s held virtual meetings with women’s rights organizations and with abortion providers from states with some of the country’s strictest restrictions — while also discussing the issue in person with faith leaders in Los Angeles.
This time she was joined at the White House complex by Attorneys General Josh Kaul of Wisconsin, Aaron Ford of Nevada, Raoul Kwame of Illinois and Venus Johnson, California’s chief deputy attorney general.
Participating virtually were Attorneys General Kathleen Jennings of Delaware, Tish James of New York and Bob Ferguson of Washington state.
The vice president said attorneys general “have the power to assess and potentially challenge the constitutionality of laws that are being passed in their states.” They can also convene legal organizations and other support groups “to offer services to the folks who will be affected by the laws in their states,” she said.
Like President Joe Biden, Harris has argued that other key court rulings allowing access to contraception and legalizing same-sex marriage could also be threatened. Still, the White House has few options available to protect abortion nationwide after legislation to codify the Roe v. Wade decision in federal law failed last month in the Senate.
Harris further noted Thursday that attorneys general have jurisdiction in many states giving them “the ability to direct law enforcement resources” and guaranteeing that such resources are “actually effective in ensuring the safety and the well-being of the people in their state.”
Harris noted that the attorney general is elected in 43 states nationwide, and suggested voters choose accordingly: “I urge the people of our country to know the power that they have to have an impact on the way the laws of their state are enforced.”
The vice president, who has argued that abortion restrictions are examples of gender discrimination designed to take away women’s rights, said voters should view the issue of abortion in terms of their state’s attorneys general “enforcing the principles, the spirit and the ideals of the Constitution of the United States in a way that is about equal treatment of all people.” | https://cw33.com/news/politics/ap-politics/harris-discusses-abortion-laws-with-state-attorneys-general/ | 2022-06-24T15:05:48Z |
Conference Call Scheduled for May 24, 2022 at 9:00am ET
HAIFA, Israel, May 2, 2022 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems" or the "Company") announced today that it will be releasing its first quarter 2022 financial results on Tuesday, May 24, 2022.
Results Conference Call
The Company will also be hosting a conference call on that same day at 9:00am Eastern Time. On the call, management will review and discuss the results and will be available to answer questions. To participate, please call one of the teleconferencing numbers that follow:
US Dial-in Numbers: 1-866-744-5399
Canada Dial-in Numbers: 1-866-485-2399
ISRAEL Dial-in Number: +972-3-918-0644
INTERNATIONAL Dial-in Number: +972-3-918-0644
at 9:00am Eastern Time; 6:00am Pacific Time; 4:00pm Israel Time
This call will also be transmitted live on Elbit Systems' website at http://www.elbitsystems.com. An online replay will be available from 24 hours after the call ends.
Alternatively, for two days following the call, investors will be able to dial a replay number to listen to the call. The dial-in numbers are: 1-888-782-4291 (US and Canada) or +972-3-925-5900 (Israel and International).
About Elbit Systems
Elbit Systems Ltd. is an international high technology company engaged in a wide range of defense, homeland security and commercial programs throughout the world. The Company, which includes Elbit Systems and its subsidiaries, operates in the areas of aerospace, land and naval systems, command, control, communications, computers, intelligence surveillance and reconnaissance ("C4ISR"), unmanned aircraft systems, advanced electro-optics, electro-optic space systems, EW suites, signal intelligence systems, data links and communications systems, radios, cyber-based systems and munitions. The Company also focuses on the upgrading of existing platforms, developing new technologies for defense, homeland security and commercial applications and providing a range of support services, including training and simulation systems.
For additional information, visit: https://elbitsystems.com, follow us on Twitter or visit our official Facebook, Youtube and LinkedIn Channels.
Company Contact:
Joseph Gaspar, Senior Executive VP – Business Management
Tel: +972-77-2948661
j.gaspar@elbitsystems.com
Dr. Yaacov (Kobi) Kagan, Executive VP - CFO
Tel: +972-77-2946663
kobi.kagan@elbitsystems.com
Rami Myerson, Director, Investor Relations
Tel: +972-77-2948984
rami.myerson@elbitsystems.com
David Vaaknin, VP, Head of Corporate Communications
Tel: +972-77-2946691
david.vaaknin@elbitsystems.com
IR Contact:
Ehud Helft
Kenny Green
GK Investor Relations Tel: 1-646-201-9246
elbitsystems@gkir.com
This press release may contain forward–looking statements (within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended and the Israeli Securities Law, 1968) regarding Elbit Systems Ltd. and/or its subsidiaries (collectively the Company), to the extent such statements do not relate to historical or current facts. Forward-looking statements are based on management's current expectations, estimates, projections and assumptions about future events. Forward–looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions about the Company, which are difficult to predict, including projections of the Company's future financial results, its anticipated growth strategies and anticipated trends in its business. Therefore, actual future results, performance and trends may differ materially from these forward–looking statements due to a variety of factors, including, without limitation: scope and length of customer contracts; governmental regulations and approvals; changes in governmental budgeting priorities; general market, political and economic conditions in the countries in which the Company operates or sells, including Israel and the United States among others; changes in global health and macro-economic conditions; differences in anticipated and actual program performance, including the ability to perform under long-term fixed-price contracts; changes in the competitive environment; and the outcome of legal and/or regulatory proceedings. The factors listed above are not all-inclusive, and further information is contained in Elbit Systems Ltd.'s latest annual report on Form 20-F, which is on file with the U.S. Securities and Exchange Commission. All forward–looking statements speak only as of the date of this release. Although the Company believes the expectations reflected in the forward-looking statements contained herein are reasonable, it cannot guarantee future results, level of activity, performance or achievements. Moreover, neither the Company nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. The Company does not undertake to update its forward-looking statements.
Elbit Systems Ltd., its logo, brand, product, service and process names appearing in this Press Release are the trademarks or service marks of Elbit Systems Ltd. or its affiliated companies. All other brand, product, service and process names appearing are the trademarks of their respective holders. Reference to or use of a product, service or process other than those of Elbit Systems Ltd. does not imply recommendation, approval, affiliation or sponsorship of that product, service or process by Elbit Systems Ltd. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, copyright, trademark or other intellectual property right of Elbit Systems Ltd. or any third party, except as expressly granted herein.
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SOURCE Elbit Systems Ltd. | https://www.mysuncoast.com/prnewswire/2022/05/02/elbit-systems-schedules-first-quarter-2022-results-release-may-24-2022/ | 2022-05-02T08:20:04Z |
- Continued Driver Out operations including refinement of our Minimum Risk Condition capabilities which are critical to removing support vehicles from our operations
- Announced an advanced integration with Werner Enterprises to provide roadside service and support
- Expanded our dedicated AFN terminal footprint to Ryder facilities in Houston and Laredo preparing for Driver Out operations in Texas
SAN DIEGO, May 3, 2022 /PRNewswire/ -- TuSimple (Nasdaq: TSP), a global self-driving technology company based in San Diego, California, has released unaudited financial results for the first quarter ending March 31, 2022. TuSimple's complete quarterly financial results and management commentary can be accessed through the company's shareholder letter on the quarterly results page of the investor relations website at ir.tusimple.com.
"During Q1, we made strong progress on our technology development including a continuation of our Driver Out operations," said Xiaodi Hou, Co-Founder and CEO, TuSimple. "TuSimple has entered the Driver Out era. In this new era, we are focusing on increasing efficiency through expanding our operational design domain and optimizing our operations so we can deliver a world class product to our customers."
What: TuSimple Q1 2021 Earnings Conference Call
When: Tuesday, May 3, 2022
Time: 2 p.m. PST/ 5 p.m. EST
To Listen via Telephone:
Conference Topic: TuSimple Q1 2021 Earnings Conference Call
Conference ID: 9028484
US/CANADA (Toll-Free) Number: +1 (833) 519-1404
International (Paid) Number: +1 (270) 215-9738
To Listen via Internet: ir.tusimple.com
About TuSimple
TuSimple is a global autonomous driving technology company headquartered in San Diego, California, with operations in Arizona, Texas, Europe, and China. Founded in 2015, TuSimple is developing a commercial-ready, fully autonomous (SAE Level 4) driving solution for long-haul heavy-duty trucks. TuSimple aims to transform the $4 trillion global truck freight industry through the company's leading AI technology, which makes it possible for trucks to drive safely autonomously, operate nearly continuously, and reduce fuel consumption by 10%+ relative to manually driven trucks. Global achievements include the world's first fully autonomous, 'driver-out' semi-truck run on open public roads, and development of the world's first Autonomous Freight Network (AFN). Visit us at www.tusimple.com.
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SOURCE TuSimple Holdings, Inc. | https://www.wibw.com/prnewswire/2022/05/03/tusimple-announces-first-quarter-2022-results/ | 2022-05-03T21:12:33Z |
TYSONS, Va., June 14, 2022 /PRNewswire/ -- The PenFed Foundation, a national 501(c)3 founded by PenFed Credit Union, and SOSi, a leading, privately owned technology and government services integrator, are pleased to announce they have been recognized with the "Special Service Award" from ACG National Capital for their work empowering veteran entrepreneurs through their Veteran Entrepreneur Investment Program (VEIP) Master's Program, presented by SOSi. ACG National Capital presented the Corporate Growth Awards to the region's leading executives and businesses at its 20th Annual Corporate Growth Awards Gala at the Ritz Carlton Tysons Corner.
The PenFed Foundation VEIP Master's Program has been sponsored by SOSi since its inception in 2020. The Master's Program works to prepare growth-stage veteran-owned startups to raise investor funds through a comprehensive 10-week educational programming bootcamp that delivers an intensive, 360 degree entrepreneurship training. Topics include traction, unit metrics, financials, legal, accounting, building an investor pitch deck and investor/relationship development.
The capstone of the program, is a VEIP "Demo Day," where each veteran entrepreneur pitches to a live audience of investors, connecting them to tangible capital to accelerate their businesses.
"We are honored to accept this award on behalf of the over 60 veteran entrepreneurs who have completed the VEIP Master's Program," said PenFed Foundation Senior Director of Veteran Entrepreneurs Seda Goff. "Veterans have already received some of the best entrepreneurial training in the military and we are proud to help many of them achieve their goals of creating successful and long-lasting businesses."
Master's Program participants are also part of a year-long incubator, through which they receive coaching, mentorship and marketing assistance. The program is run at no cost to participants thanks to SOSi's generous sponsorship.
"Our nation's veterans are a national asset, recognized for their leadership skills but not often enough for their entrepreneurial potential," said Julian Setian, President & CEO of SOSi. "Investing in them and helping them to scale their businesses is the most meaningful way we can honor and repay our veterans who have served our country."
Since 2018, the PenFed Foundation VEIP has accelerated more than 350 veteran-owned startups and helped educate over 4,700 veteran and military spouse entrepreneurs.
Veteran and military-spouse owned and led companies who are interested in the Fall 2022 Master's Program are encouraged to apply here.
About PenFed Foundation
Founded in 2001, the PenFed Foundation is a national nonprofit organization committed to empowering military service members, veterans and their communities with the skills and resources to realize financial stability and opportunity. It provides service members, veterans, their families and support networks with the skills and resources they need to improve their lives through programs on financial education, homeownership, veteran entrepreneurship and short-term assistance. Affiliated with PenFed Credit Union, the Foundation has the resources to effectively reach military communities across the nation, build strong partnerships, and engage a dedicated corps of volunteers in its mission. The credit union funds the Foundation's personnel and most operational costs, demonstrating its strong commitment to the programs the Foundation provides. Equal Housing Opportunity. To learn more, visit www.penfedfoundation.org.
ABOUT SOSi
SOSi is a leading, privately owned technology and services integrator. Founded in 1989, SOSi provides mission-critical cyber, software, intelligence, and logistics solutions to the U.S. national security community. We manage many of our nation's most critical programs around the globe. For more information, visit sosi.com and follow us on LinkedIn, Twitter and Facebook for news and updates.
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SOURCE PenFed Foundation | https://www.mysuncoast.com/prnewswire/2022/06/14/penfed-foundation-sosi-receive-special-service-award-acg-national-capital-empowering-veteran-entrepreneurs/ | 2022-06-14T15:09:57Z |
Spot Expands Into New Markets with Plans to Create Hundreds of New Jobs
TAMPA, Fla., Aug. 22, 2022 /PRNewswire/ -- Spot, one of the fastest-growing logistics companies in North America, announced today it will open its fifth office on October 3, 2022. Located in Tampa, Florida, the new space is on the fifth floor of the MetWest Three building in the Westshore Business District.
The building, located in the heart of Tampa's largest office market, is part of the mixed-use MetWest International district near International Plaza. The district offers a variety of dining, retail and hotel options, along with convenient access to the Tampa International Airport. This expansion will accommodate Spot's exponential growth and further support the company's hiring goals by leveraging the area's diverse talent pool.
"We feel very strongly about the Tampa business environment and our ability to attract top talent," said Andrew Elsener, Co-founder of Spot. "We are looking for outstanding people with initiative, drive, and passion to help meet the needs of our customers, and we know we will find those people in Tampa."
Spot's new location is approximately 26,000 square feet of space that will help facilitate a collaborative and open work environment - equipped with ergonomic furniture, multifunctional spaces, and integrated technology. The space also allows room for over 245 people, which Spot plans to hire within the next three years. Filling sales, logistics, and technology positions will be Spot's initial focus.
With over 4,000 businesses, national and regional headquarters, small businesses, and start-ups, Westshore is Tampa's largest employment center. In addition to office space, Westshore offers green spaces, plazas, retail, hotel, and residential areas all designed to work seamlessly together in a sophisticated urban setting.
"Being in the Westshore Business District, an area rich with talent and well-known Tampa businesses, is exactly where Spot can continue to grow and make an impact," said Kreg Hunter, Director of Operations at Spot.
Founded in 2009 by Andrew Elsener and Andy Schenck, Spot has experienced continuous growth each year. In 2021, it saw record-breaking success with over $710 million in gross revenue. That pattern of success has continued into 2022 with a projected $1 billion in gross revenue. The company has more than 500 employees across its locations in Indianapolis, Indiana, Charlotte, North Carolina, and Tempe, Arizona.
To learn more about Spot's open positions, visit spotinc.com/careers, and to learn more about open tech positions, visit Spot's technology company, Red Technologies, at redtms.com/careers.
As one of the fastest-growing logistics companies in North America, Spot is built on relationships, combining 24/7 support with a proven, passionate, and dedicated team of logistics professionals. Spot provides custom, tailored logistics solutions for shipping challenges through relentless effort, industry knowledge, and advanced technologies. Established in 2009 with the vision that there is a better way to move freight, Spot has more than 500 employees across its U.S. locations in Indianapolis, Charlotte, and Tempe. For more information, visit Spot's website at spotinc.com and follow Spot on social media: Facebook (Spot), Twitter (SpotFreight), LinkedIn (Spot Freight), Instagram (spotfreight), and TikTok (spotfreight).
MEDIA CONTACT:
Brandon Evans
Communications Manager
bevans@spotinc.com | 317.550.7100
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SOURCE Spot Freight | https://www.kxii.com/prnewswire/2022/08/22/spot-open-fifth-us-office-located-tampa-florida/ | 2022-08-22T13:27:06Z |
A New Jersey man has pleaded guilty to charges he sold $2.7 million in pesticides he falsely claimed were effective against the coronavirus which causes Covid-19, federal prosecutors said.
Paul Andrecola, 63, of Maple Shade, New Jersey, pleaded guilty to one count of "knowingly distributing or selling an unregistered pesticide in violation of the Federal Insecticide, Fungicide and Rodenticide Act (FIFRA), one count of wire fraud, and one count of presenting false claims to the United States," the US Attorney in New Jersey said in a release Thursday.
"Paul Andrecola's scheme profited on the fears of the American people during the height of concerns about transmission of COVID-19," US Attorney Philip Sellinger said.
Andrecola claimed the pesticides were registered with the Environmental Protection Agency as being effective against the virus, the release said. He made more than 150 sales of the pesticides from March 2020 through May 2021, according to the release.
Buyers included a medical clinic in Georgia, a police department in Delaware, a Virginia fire department and "numerous" US government agencies, including the Department of Veterans Affairs, the release said.
"Andrecola not only cheated dozens of people out of millions of dollars, but also endangered the health of those who relied on his fraudulent virucidal products," said Assistant Attorney General Todd Kim of the Justice Department's Environment and Natural Resources Division.
An attorney for Andrecola said his client "accepted responsibility for selling the product without the proper registration," but "the product was safe and effective against Covid."
"It was a formula that was as good, if not better than, anything on the market. It caused no physical harm to anyone who took it," the attorney, Charles H. Nugent Jr., told CNN in a statement. "Customers received value for their purchase. Customers who purchased it came back and purchased more. His company for whom he worked did not receive complaints."
Andrecola, who controls two companies and works for a third, made disinfectant liquids and wipes with the brand name GCLEAN, which were pesticides not registered under FIFRA and not on the EPA's "List N of Disinfectants for Use Against SARS-CoV-2," the release said. Andrecola used another company's EPA registration numbers for his products and "falsely marketed that his products were EPA-approved to kill Coronavirus by creating numerous false documents to support his claims."
Andrecola will forfeit the more than $2.7 million proceeds from the sales and "make full restitution for all losses resulting from his commission of the charged crimes," as part of the plea agreement, prosecutors said.
The wire fraud count is punishable by a maximum 20-year prison sentence, and the false claims against the US carries a maximum penalty of five years, according to the release. The count of selling an unregistered pesticide carries a maximum one-year sentence. Andrecola may also be subject to fines more than twice the gross profits made, the release said.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/man-pleads-guilty-to-defrauding-victims-of-more-than-2-7-million-with-pesticides-alleged/article_6aaba053-d51c-5ef2-9c29-8d7406d8fed9.html | 2022-06-10T19:46:22Z |
Conference Call to be Held on May 19, 2022
RANCHO CORDOVA, Calif., May 18, 2022 /PRNewswire/ -- ThermoGenesis Holdings, Inc. (Nasdaq: THMO), a market leader in automated cell processing tools and services in the cell and gene therapy field, today announced that the Company will release its financial results for the first quarter ended March 31, 2022 and provide a corporate strategic update on Thursday, May 19, 2022, after the close of trading. A conference call and webcast will follow at 1:30 p.m. PT/ 4:30 p.m. ET.
To participate in the conference call, please dial 1-844-889-4331 (domestic), 1-412-380-7406 (international) or 1-866-605-3852 (Canada). To access a live webcast of the call, please visit: https://thermogenesis.com/investors/news-and-events/events-webcasts/.
A webcast replay will be available on ThermoGenesis' website for three months by visiting the Investor page of the Company's website at www.thermogenesis.com.
ThermoGenesis Holdings, Inc. develops, commercializes, and markets a range of automated technologies for CAR-T and other cell-based therapies. The Company currently markets a full suite of solutions for automated clinical biobanking, point-of-care applications, and automation for immuno-oncology, including its semi-automated, functionally-closed CAR-TXpress™ platform, which streamlines the manufacturing process for the emerging CAR-T immunotherapy market. For more information about ThermoGenesis, please visit: www.thermogenesis.com.
Company Contact:
Wendy Samford
916-858-5191
ir@ThermoGenesis.com
Investor Contact:
Paula Schwartz, Rx Communications
917-322-2216
pschwartz@rxir.com
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SOURCE ThermoGenesis Holdings, Inc. | https://www.kxii.com/prnewswire/2022/05/18/thermogenesis-holdings-announce-financial-results-first-quarter-ended-march-31-2022-provide-corporate-strategic-update/ | 2022-05-18T13:50:14Z |
Rapper JayDaYoungan killed in double shooting in Louisiana
BOGALUSA, La. (WAFB/WVUE/Gray News) - Rapper Javorius Scott, known by his stage name JayDaYoungan, was shot and killed in his Louisiana hometown Wednesday evening, police said.
The Bogalusa Police Department confirmed the shooting in a Facebook post. His father, Kenyatta Scott Sr., also was injured in the shooting and taken to a hospital, where he is in stable condition.
Police received a call about the shooting around 6 p.m. They also responded to a second shooting nearby an hour later and found a vehicle with bullet holes but no reports of injuries.
The two shootings may be related, police said.
JayDaYoungan, 24, was known for hit songs such as the platinum single “23 Island,” “Catch Me in Traffic” and “Muddy Situation.” He had been signed to a deal with Atlantic Records.
Kenya Janell, Scott’s sister, posted messages on social media mourning his loss.
“Why did y’all do this to my brother, to my baby,” she posted on Instagram. “I never in a million years would have thought this.”
Mindy West, the manager of a Bogalusa gas station, expressed her sorrow and said the community would be affected by his death.
“He’s been in here often,” West said. “He was never rude or anything when he came in here. He was really friendly. He’s really popular out this way for sure.”
Copyright 2022 WAFB and WVUE via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/07/28/rapper-jaydayoungan-killed-double-shooting-louisiana/ | 2022-07-28T17:23:38Z |
LOS ANGELES, Aug. 17, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Enochian Biosciences, Inc. ("Enochian" or the "Company") (NASDAQ: ENOB).
Class Period: January 17, 2018 – June 27, 2022
Lead Plaintiff Deadline: September 26, 2022
If you are a shareholder who suffered a loss, click here to participate.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that co-founder and inventor Gumrukcu was engaged in a variety of frauds; (2) that Gumrukcu was not a licensed doctor anywhere in the world; (3) that, as a result of the foregoing, Gumrukcu's purported contributions to the Company lacked a reasonable basis; (4) that, as a result of the foregoing, the Company had overstated its commercial prospects; (5) that Gumrukcu had improperly diverted approximately $20 million from Enochian to entities he owned; and (6) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE The Law Offices of Frank R. Cruz, Los Angeles | https://www.wibw.com/prnewswire/2022/08/17/enob-investors-have-opportunity-lead-enochian-biosciences-inc-securities-fraud-lawsuit/ | 2022-08-17T16:45:22Z |
HYDERABAD, India, June 27, 2022 /PRNewswire/ -- TAS United Director of Operations, Raj Dasari, talks about his late sister with pride. "She had a beautiful smile with everyone," said Dasari. "Strangers, family, friends, it didn't matter. She was going to greet you with a warm smile."
Blandina Dasari Sukumar was a registered nurse who worked her way up to a supervisor position, managing over 200 nurses in 2021. When the Delta variant swept through India, she felt compelled to go and help. As she attempted to save as many people as possible, she contracted the virus herself. Five days later, she was gone.
"We couldn't go to the funeral because of the restrictions in India," Dasari said. "I had to arrange her funeral through friends and family that I know there and watch it on Zoom. It was incredibly hard on me and my family here in the states."
One year later, as more vaccines were administered and cases dropped, Dasari was able to travel to India for a proper ceremony. To honor Blandina, he and other TAS United representatives gave away 1,500 meals to people in the poorer neighborhoods of Hyderabad. The city with a population of 40,000,000 has faced extreme poverty.
"The people in these areas have no resources for food and water. They were so happy and grateful to see us. They were telling us, 'Thank you so much.' One person told us he had not eaten in three days. It was heartbreaking."
TAS United has been heavily involved in serving its communities in the United States, regularly handing out meals to homeless neighbors at each of the company's locations in Texas and Puerto Rico. This was the first time a representative of the company provided a service to the needy outside of the country.
TAS United president, Kevin Ryan, says this is typical for Raj. "Raj has been extremely busy keeping our service levels up and our clients happy during the nationwide staffing crisis," said Ryan. "The fact that he was able to take time out to give back to those in need says everything you need to know about the type of person he is."
TAS United is a US-Based, bilingual call center and answering service headquartered in San Antonio, TX. The company has been processing calls for medical and commercial businesses since 1984. For more information on TAS United, visit www.tasunited.com.
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SOURCE TAS United | https://www.mysuncoast.com/prnewswire/2022/06/27/tas-united-provides-meals-needy-india/ | 2022-06-27T22:16:07Z |
At least 23 hurt when car drives into crowd outside Argentina theater
Published: Jul. 11, 2022 at 9:37 AM EDT|Updated: 41 minutes ago
GODOY CRUZ, Argentina (CNN) - A car drove into a crowd outside a theater in western Argentina Sunday evening, according to local authorities.
Police say the car was conditioned for disabled drivers.
At least 23 people were injured in the incident. Three of them were hospitalized.
Authorities said people were leaving a play at the time of the incident.
GRAPHIC WARNING: The video below contains images that some may find disturbing.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/11/least-23-hurt-when-car-drives-into-crowd-outside-argentina-theater/ | 2022-07-11T14:19:09Z |
Kingston’s Spence signs with East Central for softball
Published: Jul. 29, 2022 at 10:19 PM CDT|Updated: 1 hour ago
(KXII) - Former Kingston softball standout Taylor Spence is headed to East Central to continue her playing career.
Spence is making the move from one local college, to another. She is coming off a successful run in the circle for NCTC in Gainesville. Spence excited to continue her career and do it on the local level.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/07/30/kingstons-spence-signs-with-east-central-softball/ | 2022-07-30T04:25:39Z |
Mom warns parents to be vigilant after 13-year-old paralyzed by pool accident
BISMARCK, N.D. (KFYR/Gray News) - A North Dakota mother is imploring parents to be extra vigilant this summer after a teen she was supervising was left paralyzed at a pool.
It was supposed to be a day of fun when Saunda Cheek brought her children and their friend, 13-year-old Lillyana, to a pool party at Ramkota in Bismarck in April.
“Everything was normal, and kids were swimming, having fun,” Cheek told KFYR. “I was walking by the slide and I saw Lillyana standing up on the slide.”
All of a sudden Lillyana dove off of the slide, straight down into three feet of water, Cheek said. After the impact, Lillyana was floating face down in the water.
“I know she can’t hold her breath that long. So, I lifted her head and right away, I could see the fear in her eyes,” Cheek said. “And she was like, ‘I can’t move.’”
The 13-year-old was airlifted to a hospital and placed on a ventilator. While she has made great strides over the past two months, she still remains completely paralyzed on the right side of her body.
“A lot of guilt, you know, for being the one responsible at that time,” Cheek said.
Cheek is now raising money to help the family. Lillyana’s mom already works three jobs.
“She’s not even going to be able to bathe her at home because her wheelchair is not going to be able to make it into the shower,” Cheek said. “And a shower chair cannot even fit in their bathtub. So, she’s already trying to make arrangements to take her to hotels, you know, just to bathe her.”
As the weather heats up, Cheek implores all parents to have a pool safety chat with their children and always watch them in the pool.
“Things like this can happen in a matter of seconds, and it can change a lot of lives,” Cheek said.
To donate to Lillyana’s recovery, visit her GoFundMe Page at: https://gofund.me/fd66ed5b.
Copyright 2022 KFYR via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/06/07/mom-warns-parents-be-vigilant-after-13-year-old-paralyzed-by-pool-accident/ | 2022-06-07T23:43:59Z |
ATLANTA, Aug. 8, 2022 /PRNewswire/ -- Selected among five outstanding regional finalists from Boys & Girls Clubs of America-affiliated military Youth Centers across the country and overseas, Ahsha B., of Kings Bay Naval Submarine Base has been named the 2022 National Military Youth of the Year by Boys & Girls Clubs of America.
During the annual Washington, D.C., celebration, emceed by American sports commentator and Boys & Girls Clubs of America supporter, Lewis Johnson, Ahsha was rewarded a $20,000 scholarship to support her future educational endeavors. This is in addition to the $22,500 in college scholarships already awarded to her at the state and regional levels of the Military Youth of the Year Program.
"For 30 years, we are honored to support military-connected youth, providing safe spaces, positive mentors and life-enhancing programs to help young people learn, grow and thrive," said Jim Clark, president & CEO, Boys & Girls Clubs of America. "We are extremely proud of Ahsha and her achievements as we champion great futures for young people across the nation."
After a move from Virginia to rural Georgia, Ahsha's parents encouraged her to join the Military base's Youth Center. She was less than thrilled.
"The first time I attended the Kings Bay Teen Center in January 2019, I did so begrudgingly," Ahsha said. "I had no clue what to expect."
Within two weeks of the program, a Youth Center staff member encouraged Ahsha to audition for a talent program through the Youth Center. She had the opportunity to perform an original spoken word piece and perform alongside a spoken word artist. In the same year, she was nominated as Boys & Girls Clubs of America's East Coast National UPS Road Code Ambassador, which provided the opportunity to conduct safe driving workshops for teens. After these two major leadership milestones, Ahsha had the confidence to launch a podcast for teens at Kings Bay Naval Submarine Base, connecting directly with her peers.
"Immediately I began to build friendships and realized that this was not just a 'program," Ahsha said. "It was a place of growth and opportunity where I could be surrounded by people willing to invest in my success."
Ahsha's list of achievements has only grown since, becoming a member of several Club committees, locally and nationally. Perhaps the most profound experience for her so far has been participating in the 'Whatever it Takes to Fight for your Voice' series, which connected her with other young people of color.
"My experiences have shown me that the only limitations I have are the ones I place upon myself," Ahsha said. "Through these opportunities, I have been surrounded by successful teens of color and other ethnicities, who have shown me the importance of not allowing others to define my limitations by the color of my skin. Seeing all these confident and successful teens made me become more confident in who I was as a person and revitalized the pride I feel for my culture, my unique gifts and talents."
National Military Youth of the Year is a component of Boys & Girls Clubs of America's National Youth of the Year recognition program for Club and Youth Center members. On October 13, Ahsha will join five finalists in Los Angeles for the National Youth of the Year celebration to contend for the National Youth of the Year title. If named the National Youth of the Year, Ahsha will receive an additional $50,000 scholarship, a brand-new Toyota Corolla and the opportunity to serve as a spokesperson for Boys & Girls Clubs of America representing 4.3 million Club and Youth Center kids and teens.
For 75 years, Boys & Girls Clubs of America has recognized young people in its Youth of the Year premiere youth leadership program, honoring extraordinary young people in their achievements in leadership, service, academic excellence and dedication to living a healthy lifestyle.
Toyota and Kohl's are the Signature Sponsors of Youth of the Year, sharing a dedication to America's youth. Toyota is committed to partnering with Boys & Girls Clubs of America to ensure local Boys & Girls Clubs and BGCA-affiliated Military Youth Centers provide life-enhancing opportunities for kids and teens to explore, develop and apply the essential skills they need to be successful in life and work; and Kohl's is committed to partnering with Boys & Girls Clubs of America to ensure local Clubs and Youth Centers provide staff training and curriculum updates focused on trauma-informed care, building practices kids and teens will need to build great futures.
As the Lead Sponsor of Youth of the Year, Mondelēz International, will engage with local Clubs and Youth Centers year-round to help foster a new generation of leaders prepared to live in and lead a diverse global economy.
For more information about Youth of the Year, visit www.youthoftheyear.org
For 160 years, Boys & Girls Clubs of America (BGCA.org) has provided a safe place for kids and teens to learn and grow. Clubs offer caring adult mentors, fun and friendship, and high-impact youth development programs on a daily basis during critical non-school hours. Boys & Girls Clubs programming promotes academic success, good character and leadership, and healthy lifestyles. More than 4,900 Clubs serve over 4.3 million young people through Club membership and community outreach. Clubs are located in cities, towns, public housing and on Native lands throughout the country, and serve military families in BGCA-affiliated Youth Centers on U.S. military installations worldwide. National headquarters are located in Atlanta. Learn more about Boys & Girls Clubs of America on Facebook and Twitter.
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SOURCE Boys & Girls Clubs of America | https://www.wibw.com/prnewswire/2022/08/08/boys-amp-girls-clubs-america-honors-extraordinary-military-connected-teen-2022-national-military-youth-year/ | 2022-08-08T19:53:32Z |
LUXEMBOURG and BASEL, Switzerland, July 18, 2022 /PRNewswire/ -- FORTY51 Ventures today announced the closing of FORTY51 Ventures I, raising USD 43 Million in its first close.
FORTY51's core strategy focuses on company formation and early stage investments in Biotech with geographic emphasis on Switzerland, France and Germany. FORTY51 Ventures will lead or co-lead early rounds (Seed and Series A) of its growing portfolio which will include both academic and Pharma spin-outs.
In addition, FORTY51 Ventures announces its first investment in Mosanna Therapeutics, a newly created company that pursues the development of a small molecule developed by Sanofi S.A. (Paris, France) to address patients' needs suffering from metabolic obstructive sleep apnea.
The fund is advised by a complementary founding team of three industry veterans, Sara Núñez-García, Sascha Oliver Bucher and Tamás Schweighoffer, who bring a deep network and decades of drug development, transactions and venture expertise.
In addition, Peter van Vlasselaer, Bill Symonds, Jonathan Knowles, Hans Schikan and Darren Ji will support FORTY51 Ventures as Industry advisors who will lend deep expertise to the growing family of entrepreneurs. Alan S. Roemer will advise the fund as Strategic Partner in the US.
FORTY51 Ventures is anchored by a strong institutional investor syndicate with Stable Asset Management, as well as the Fischli Family. Seasoned Biotech entrepreneurs and private individuals also participated in the first close of the fund.
"We are incredibly excited to bring FORTY51 Ventures to life with the goal of supporting company creation and early stage Biotech in the European market, where we see unprecedented innovation yet a lack of venture builders" commented the founders.
Erik Serrano-Berntsen, Founder and CEO of Stable Asset Management mentioned "FORTY51 Ventures brings true company building to Europe's exciting Biotech scene and leverages a unique arbitrage opportunity with their reach into the US. I have not come across a truly differentiating investment strategy in Biotech coupled with such a highly complementary skillset among the founding Partners - Sara's scientific and investment expertise, Tamas's experience in bringing early programs into the clinic, and Sascha's ability in building and transacting businesses - we are extremely proud to help bring FORTY51 Ventures to its first close".
Walter Fischli, Biotech entrepreneur and investor commented "From personal experience, I know the great yet largely untapped, investment opportunity that exists in Biotech in Switzerland and its neighboring countries. It requires a very experienced team with the ability to focus on early stage companies being able to provide a clear development path for the assets – given the great prospects of FORTY51, I am very excited to become one of the anchor investors in their first fund ".
FORTY51 Ventures Fund I SCSp, FIAR is domiciled in Luxembourg. Legal and tax advice were provided by Dechert LLP (Luxembourg), Barnes & Thornburg LLP (USA) and Vischer (Switzerland).
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SOURCE Forty51 Ventures | https://www.mysuncoast.com/prnewswire/2022/07/18/forty51-ventures-announces-first-close-fund-i-its-first-investment/ | 2022-07-18T13:11:07Z |
Vandals deface Penn State landmarks over graduation weekend
STATE COLLEGE, Pa. (WJAC) - Graduation weekend at Penn State University was marred by vandals.
The lion shrine is one of the big landmarks of the campus, and it was vandalized over the weekend.
“This is tradition. All the graduates come through and take their pictures,” said graduate Christy Parker.
Overnight on Saturday, Penn State police say vandals broke off an ear and splashed red paint on it. Vandals also sprayed graffiti on Old Main and the Hintz Family Alumni Center, a blow for students looking to celebrate their big achievement.
“I graduated yesterday, but we saw that the rain was gonna stop today. So, we were excited to come back into town and try and get all the pictures,” Parker said. “We walked down and saw that the lion had been painted and the ear had been broken off. It’s a little disheartening, especially for those of us that flew across the country to graduate this weekend.”
Penn State administrators say the shrine will be unavailable while restoration efforts continue.
Copyright 2022 WJAC via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/05/09/vandals-deface-penn-state-landmarks-over-graduation-weekend/ | 2022-05-09T14:10:43Z |
Two new biologicals will be introduced in the U.S. and Brazil this year
PHILADELPHIA, June 22, 2022 /PRNewswire/ -- FMC Corporation (NYSE: FMC), a leading global agricultural sciences company, has launched a new brand identity for its Plant Health business to reflect the company's continuing growth and expansion of its biologicals platform. Agricultural biologicals represent a diverse group of crop protection and stimulant products derived from living organisms and naturally occurring compounds. Biologicals by FMC demonstrates FMC's commitment to providing farmers with science-backed biological solutions to help sustainably manage crops, protect yields and combat resistance.
Since 2013, FMC has built a world-class biologicals business with more than 50 biological products offering protection for multiple high-value specialty crops and row crops across 50 countries. FMC's Accudo® biostimulant, Presence® bionematicide and Quartzo® bionematicide have been recognized by the Crop Science Forum Awards as best new biological products. The company has a robust pipeline of differentiated and patented technologies developed through its biological R&D organization as well as third-party collaborations.
"FMC is investing substantially in the biological segment and is committed to providing growers with products offering unique modes of action as either stand-alone solutions or complementary to FMC's portfolio of crop protection chemistries," said Dr. Bénédicte Flambard, global director of FMC Plant Health. "We are rapidly expanding our existing offerings into additional geographies by launching four new biopesticides around the world in the next four years. As part of this initiative, we are excited to share that we are introducing Zironar™ biofungicide/bionematicide in the U.S. and Provilar™ biofungicide in Brazil this year."
Zironar™ biofungicide/bionematicide, a root-colonizing biological used at planting, produces a physical barrier along the length of the root to offer season-long protection against soil-borne fungal diseases and destructive nematodes. Studies show Zironar™ biofungicide/bionematicide increases root biomass and root branching for better utilization of water from the soil in drought-like conditions.
Provilar™ biofungicide, a foliar Bacillus combination, recently received registration from Brazilian authorities to address key diseases in soybeans, cotton and beans. Studies have shown crops treated with Provilar™ biofungicide demonstrate higher yield as a result of improved disease management. Provilar™ biofungicide will be available in Brazil this year, while FMC is pursuing registration of this Bacillus strain combination in over 20 additional countries.
For more information about Biologicals by FMC, Zironar™ biofungicide/bionematicide, Provilar™ biofungicide and FMC's biologicals portfolio, visit fmc.com/biologicals.
FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers, crop advisers and turf and pest management professionals to address their toughest challenges economically while protecting the environment. With approximately 6,400 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn® and Twitter®.
Accudo, Presence, Provilar, Quartzo and Zironar are trademarks of FMC Corporation or an affiliate. Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions.
Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: This release contains forward-looking statements, which are based on management's current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These factors include, among other things, the risk factors and other cautionary statements included within FMC's 2021 Form 10-K filed with the SEC as well as other SEC filings and public communications. FMC cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement. FMC undertakes no obligation, and specifically disclaims any duty, to update or revise any forward-looking statements to reflect events or circumstances arising after the date on which they were made, except as otherwise required by law.
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SOURCE FMC Corporation | https://www.kxii.com/prnewswire/2022/06/22/fmc-corporation-unveils-new-plant-health-business-brand-identity-biologicals-by-fmc-reflecting-companys-commitment-biological-crop-protection/ | 2022-06-22T21:53:30Z |
Leader in Commercial Real Estate Lease & Sales Transaction Data Expands Reach into the Multifamily Property Sector
NEW YORK, June 15, 2022 /PRNewswire/ -- CompStak, the nationwide provider of commercial real estate lease comps, sales comps, and property information, today announced new data integrations with RealPage, a leading global provider of software and data analytics to the real estate industry. CompStak customers can now access select RealPage data covering the multifamily housing market in addition to their existing office, retail and industrial data.
"This is a great win for customers of CompStak, who can now access the industry's best multifamily data on their platform," said Scott Herring, VP, Market Analytics at RealPage.
With the integration, CompStak customers will be able to license RealPage multifamily data and view it within the CompStak platform. This data, which includes details on floor plan/unit mix, asking and effective rent for each floor plan/unit type, trends, and other property-level information, will be visible within CompStak's lease comp search, property pages, and Analytics Suite. CompStak users can actively benchmark their assets to the market, make acquisition decisions, and leverage RealPage multifamily data for analysis and forecasting, all without leaving the CompStak platform.
"Our clients have continued to diversify their portfolios to include properties in several asset classes and have sought to understand the market dynamics of every asset class in one place," said Michael Mandel, Co-Founder & CEO of CompStak. "Multifamily data has been the number one request from those clients, and we couldn't be happier to partner with RealPage, the industry leader in this area."
"From the time that RealPage first invested in CompStak, we had aspirations to find exciting ways to work together," noted Mandel. "We are eager to see how CompStak users combine datasets to drive value for their portfolios."
To learn more about the CompStak and RealPage multifamily data integrations, please email info@compstak.com.
About CompStak
CompStak is a commercial real estate data and analytics platform leveraging crowdsourced commercial lease and sale transaction data and property information combined with AI driven analytics. CompStak's 30,000 members provide data covering the entire US, and its paying customers include the world's largest real estate investors and lenders like Wells Fargo, Tishman Speyer, AEW, CIM, Moody's and many more. For more information, visit www.CompStak.com.
About RealPage
RealPage provides a technology platform that enables real estate owners and managers to change how people experience and use rental space. Clients use the platform to gain transparency into asset performance, leverage data insights and monetize space to create incremental yields. Founded in 1998 and headquartered in Richardson, Texas, RealPage currently serves approximately 19 million units worldwide from offices in North America, Europe and Asia. For more information about RealPage, visit RealPage.com.
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SOURCE CompStak | https://www.wibw.com/prnewswire/2022/06/15/compstak-realpage-announce-data-partnership/ | 2022-06-15T15:16:35Z |
Obama White House portrait to be unveiled at Sept. 7 event
WASHINGTON (AP) — Barack Obama‘s presidential portrait will be unveiled at the White House in a September ceremony hosted by his former No. 2, President Joe Biden.
Portraits of the former president and Michelle Obama will be presented in the East Room as is traditional, on Sept. 7, according to Obama’s office.
It will mark the first time the former first lady has returned to the White House since her husband left office in January 2017. The former president previously returned in April to mark the 12th anniversary of his signature health care law — and spent more than four hours meeting with Biden and greeting White House staff.
President Biden and first lady Jill Biden will host the Obamas for the occasion.
White House press secretary Karine Jean-Pierre was expected to announce the portrait unveiling during her press briefing later Wednesday. As with previous such ceremonies, the artists and details about the artwork won’t be released until the day of the ceremony.
The White House Historical Association has arranged portraits of recent presidents and first ladies since 1965, when it negotiated acquiring a portrait of former first lady Eleanor Roosevelt. In 1978, President Jimmy Carter unveiled the official White House portraits of former President Gerald Ford and former first lady Betty Ford in an East Room ceremony.
Carter later asked not to have a ceremony, according to the association, but most other former first couples have had one in their years since leaving office. The Obamas hosted the May 2012 unveiling of the portraits of former President George W. Bush and former first lady Barbara Bush.
“I think it’s fair to say that every president is acutely aware that we are just temporary residents -- we’re renters here,” Obama said then of the White House. “We’re charged with the upkeep until our lease runs out. But we also leave a piece of ourselves in this place.”
Bush said he was honored and joked, “I am also pleased, Mr. President, that when you are wandering these halls as you wrestle with tough decisions, you will now be able to gaze at this portrait and ask, what would George do?”
The White House portraits won’t be the Obamas’ first in Washington. They attended the unveiling of their portraits at the National Portrait Gallery in 2018. Obama joked then that artist Kehinde Wiley cheerfully ignored his suggestions for that likeness to feature “less gray hair” and “smaller ears.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/28/obama-white-house-portrait-be-unveiled-sept-7-event/ | 2022-07-28T19:21:44Z |
MIAMI, July 26, 2022 /PRNewswire/ -- Megalabs USA, a subsidiary of Megalabs International Inc., has opened offices in Miami, FL and will be headed by CEO Mr. Fabian Rivero. Before taking the CEO position, Mr. Rivero was the Chief Legal Officer & Member of the Board of Directors of Megalabs (a multinational Pharmaceutical & Biotechnology Group) and continues to be an active member of the company's Executive Committee. Megalabs USA manufactures (through its affiliates), markets, and distributes over-the-counter products that are formulated with plant extracts, known for their medicinal attributes, and nutraceuticals, vitamins, and minerals to produce highly effective products in various wellness categories. The company's mission is to develop and market effective over-the-counter medicines and nutraceuticals, preferably of natural origin, that improve the health and quality of our customers' lives. Among other products, Megalabs USA manufactures and distributes Prunelax, a leader in natural and effective solutions to maintain bowel regularity, and the newly announced and launched Prunelax Gummies, a new option for the brand's popular lineup of laxative supplements. Prunelax is widely distributed throughout the Americas through multiple retail channels including drug, food, mass, and e-commerce.
CEO Fabian Rivero explained the new product was designed with consumers in mind, adding that, "in a space that sees an abundance of pills, we're proud to offer a wide variety of Prunelax products ranging from traditional tablets to teas, liquids, and jams." And also highlights that, "with our new Prunelax Gummies, we expand our line again with a tasty, chewable option for the whole family."
Made from Senna leaves extract and Prune fruit extract that relieves occasional constipation and helps maintain bowel regularity, Prunelax products deliver overnight natural relief. Prunelax Gummies feature natural flavors, colorants, and natural active ingredients including Senna and prune fruit extracts, which work in as little as eight hours. Prunelax Gummies are a vegan and gluten-free supplement for occasional constipation for ages four to adult {always consult your healthcare professional for personal health guidance}. Prunelax Gummies are sold at major pharmacy and retail chains such as Walgreens, CVS, and Walmart. In addition to gummies, Prunelax is also available as tablets, liquids, jam, and tea and is one of the only products on the market with Extra Strength dosing options.
About Megalabs USA
Megalabs USA is a subsidiary of Megalabs, an international pharmaceutical company that manufactures, markets and distributes pharmaceutical products. It distributes over-the-counter products formulated with plant extracts known for their medicinal attributes, combining them with nutraceuticals, vitamins, and minerals to produce highly effective products for various wellness categories. Our mission is to develop and market effective, among others, over-the-counter medicines and nutraceuticals, preferably of natural origin, that improve the health and quality of our customers' lives. Company products are readily available in all markets in the Americas through subsidiaries and distributors, highly committed to our brands, and active in multiple retail channels, including drug, food, mass, and e-commerce. Our vision has led us to build a successful multinational company with leading quality and effective products in the essential categories of over-the-counter medicines and nutraceuticals. And we have achieved this while complying with the standards and procedures related to drug manufacturing processes to ensure the efficacy and safety of our products. Megalabs USA has developed and provided effective, over-the-counter products and supplements that use natural ingredients to improve people's health and quality of life. The company's product, Prunelax, is one of the top natural solutions for digestive disorders in Latin America and is highly popular across North America.
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SOURCE Prunelax | https://www.mysuncoast.com/prnewswire/2022/07/26/megalabs-usa-enters-north-american-market-plans-expansion-prunelax-gummies-formulation/ | 2022-07-26T16:46:32Z |
OMAHA, Neb., July 25, 2022 /PRNewswire/ -- Workshop, a delightful platform for distributing and measuring internal email and communications, has raised $5.2 million in additional seed funding.
The round was led by McCarthy Capital out of their Emerging Growth strategy. It also included support from a group of prominent Silicon Valley and Midwest venture funds, including Coelius Capital, All Access Fund, Invest Nebraska, and M25.
This additional round of investment follows a pre-seed round for $3.5 million in April 2021. In the last year, Workshop has developed a standout platform for internal email and built up a customer base that's responsible for communications to over 50,000 employees every month, from Fortune 100 companies to beloved brands like Lime and Home Chef.
"Evolving work styles and the shift toward hybrid workplaces have increased the importance of employee communication," said BJ Hansen, Managing Director at McCarthy Capital. "Workshop enables companies to better connect and engage with their employees. We are excited to work with the experienced team at Workshop to support their efforts to become the leading platform for internal communications."
Workshop was co-founded in 2020 by Rick Knudtson (former founder of Flywheel), Ben Stevinson, and Derek Homann (former founders of Median). The group came together with a shared vision to help other organizations create positive, engaging company culture through great internal communication.
"We're excited to partner with McCarthy Capital through the next phase of growth. They believe in our product vision, our team, and the opportunity in the market," said CEO and co-founder Rick Knudtson. "With the new capital, we'll double down on our product strategy and work to provide even more robust solutions for internal communications teams across the world."
The startup plans to use the funds to continue to fuel product innovation and accelerate hiring, with a current focus on recruiting engineering and sales talent.
Workshop also announced the official launch of their new Automatic Lists feature, which enables internal communications teams to integrate with their best employee data sources and create their own automatically updated distribution lists (without the need for IT support). Workshop is able to deliver this feature by offering more integrations than any other internal email platform, enabling teams to pull in employee contact data from Outlook or Google, their HRIS system (including UKG, Workday, and more), or their payroll software (including Gusto, ADP, and more).
"We're really excited to expand Workshop's contact management and integrations to meet customers where they're at, no matter what tooling they're already using," said Chief Technology Officer and co-founder Ben Stevinson. "We've seen a strong signal that we're able to solve our customer's biggest internal comms pain points in a way that hasn't been possible before."
For more information and to request a demo, head to useworkshop.com. ABOUT WORKSHOP
Workshop is the most effective way to create, send, and measure employee emails and branded internal communications across distributed teams. It's intentionally built for internal use, with easy drag-and-drop templates, automatically updated distribution lists, and valuable engagement data. It also integrates with all of the internal communication channels you already use, including Slack, Sharepoint, SMS, Microsoft Teams, and more. Make every internal email a great employee experience with Workshop!
ABOUT MCCARTHY CAPITAL
McCarthy Partners Management, LLC is a registered investment advisor that conducts business as McCarthy Capital. McCarthy Capital, headquartered in Omaha, Nebraska, is focused exclusively on lower middle-market companies. For more than 35 years, the McCarthy organization has been partnering with founders, families and exceptional management teams to support the growth of their companies. More information about McCarthy Capital can be obtained at www.mccarthycapital.com.
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SOURCE Workshop | https://www.kxii.com/prnewswire/2022/07/25/omaha-based-startup-workshop-raises-5m-streamline-internal-email-communications/ | 2022-07-25T19:08:44Z |
HOUSTON, May 16, 2022 /PRNewswire/ -- U.S. Well Services, Inc. (the "Company", "USWS," "U.S. Well Services" or "we") (NASDAQ: USWS) today reported first quarter 2022 financial and operational results.
First Quarter 2022 Highlights
- Completed $21.5 million Term C Loan financing transaction as well as $25.0 million Registered Direct Offering of common equity and warrants
- Reduced Term A Loan and Term B Loan (collectively the "Senior Secured Term Loan") borrowings below $103 million, securing 1.0% cash interest and 4.125% PIK interest for remainder of 2022
- Initiated operations in the Rockies out of the Company's new Vernal, Utah facility
- Averaged 4.4 fully-utilized fleets compared to 4.1 fully-utilized fleets during the fourth quarter of 2021
- Total revenue of $41.2 million compared to $38.9 million in the fourth quarter of 2021
- Net loss attributable to the Company of $25.7 million compared to net loss of $22.7 million in the fourth quarter of 2021
- Adjusted EBITDA(1) of $(3.5) million compared to $(7.9) million in the fourth quarter of 2021
- Reported annualized Adjusted EBITDA per fully-utilized fleet of $(3.2) million compared to $(7.8) million for the fourth quarter of 2021(2)
- Total liquidity, consisting of cash, restricted cash and availability under the Company's asset-backed revolving credit facility, was $49.6 million as of March 31, 2022
"Despite the challenges we continued to face throughout much of the first quarter of 2022, I am proud of what our team accomplished," commented Kyle O'Neill, the Company's President and CEO. "During the quarter, we began repositioning our fleet to work under new long-term contracts. We also worked with several customers to restructure contracts allowing USWS to benefit from increasing activity levels and dampen the impact of inflationary pressures on our business. On the financing side, we reduced our Senior Secured Term Loan borrowings below $103.0 million, allowing the Company to take advantage of 1.0% cash interest rates through the remainder of 2022, and also completed several strategic capital raising transactions to help fund capital expenditures related to our four newbuild Nyx Clean Fleets® on order."
"Although our ongoing transition away from the conventional pressure pumping market has presented certain difficulties, I believe USWS has turned the corner, and that the Company should begin to demonstrate its ability to capitalize on improving market fundamentals. As diesel prices reach all-time highs, the economic value proposition of our Clean Fleet® technology is stronger than ever. We look forward to delivering industry leading fuel cost savings, emissions reductions and HSE performance for our customers as we continue to execute the transformation of U.S. Well Services."
Outlook
During the first quarter of 2022, industry activity accelerated meaningfully, driven by increasing commodity prices and continued tightening in the supply of available hydraulic fracturing fleets. The emergence of significant geopolitical risk following Russia's invasion of Ukraine led to a sharp rise in both crude oil and natural gas prices. Demand for pressure pumping services grew rapidly in response; however, the market currently lacks sufficient spare capacity to fully accommodate demand. As a result, we have seen substantial improvements in prevailing market prices for service and equipment. During the first quarter of 2022, U.S. Well Services commenced work with two fleets under new contracts, deployed an additional fleet under a dedicated pricing agreement, and successfully restructured commercial agreements to better reflect current market pricing.
While we are encouraged by these trends, the Company believes that significant operational challenges will persist throughout the remainder of 2022. Shortages of experienced personnel and critical materials, coupled with inflation across multiple areas of the supply chain will continue to impact activity and profitability levels. U.S. Well Services is aggressively working to attract and retain the best talent in the industry, and is partnering with suppliers to ensure appropriate management of costs and lead-times for key items.
The Company expects to deploy its first newbuild Nyx Clean Fleet® in the second quarter of 2022 and anticipates taking delivery of its next three newbuild Nyx Clean Fleets® by mid Q4 2022. We expect to average 6 to 7 active fleets for Q2 2022.
First Quarter 2022 Financial Summary
Revenue for the first quarter of 2022 increased 6% to $41.2 million versus $38.9 million in the fourth quarter of 2021, driven by an increase in activity levels and improved pricing. U.S. Well Services averaged 4.7 active fleets during the quarter, as compared to 5.0 for the fourth quarter of 2021. Utilization of the Company's active fleets averaged 94% during the first quarter of 2022, resulting in a fully-utilized equivalent of 4.4 fleets. This compares to 82% utilization and a fully-utilized equivalent of 4.1 fleets for the fourth quarter of 2021.
Costs of services, excluding depreciation and amortization, for the first quarter of 2022 decreased to $40.7 million from $41.4 million during the fourth quarter of 2021, driven by lower personnel and trucking costs, as well as reduced costs for consumables such as sand and chemicals due to customer self-sourcing. These cost reductions were partially offset by higher costs related to power generation rental services.
Selling, general and administrative expense ("SG&A") increased to $8.4 million in the first quarter of 2022 from $6.8 million in the fourth quarter of 2021. Excluding stock-based compensation, SG&A in the first quarter of 2022 was $6.6 million compared to $5.0 million in the fourth quarter of 2021. This sequential increase was primarily attributable to an increase in personnel costs and professional fees.
Net loss attributable to the Company increased sequentially to $25.7 million in the first quarter of 2022 from $22.7 million in the fourth quarter of 2021. Adjusted EBITDA increased to $(3.5) million in the first quarter of 2022 from $(7.9) million in the fourth quarter of 2021. Annualized Adjusted EBITDA per fully-utilized fleet for the first quarter of 2022 was $(3.2) million.(1)
Operational Highlights
U.S. Well Services exited the first quarter of 2022 with six active frac fleets, which includes all five of our Clean Fleets® as well as one legacy diesel fleet that was temporarily deployed to bridge a customer's service needs until a newbuild Nyx Clean Fleet® can be delivered. Four fleets were working in the Appalachian Basin, one fleet was in the Permian Basin and one fleet was working in the Rockies.
Balance Sheet and Capital Spending
As of March 31, 2022, total liquidity was $49.6 million, consisting of $41.1 million of cash and restricted cash on the Company's balance sheet and $8.5 million of availability under the Company's asset-backed revolving credit facility, and net debt was $243.4 million.
Maintenance capital expenditures, on an accrual basis, were $2.0 million for the first quarter of 2022. Growth capital expenditures, on an accrual basis, were $10.3 million for the first quarter of 2022. The Company expects to incur an additional $95 to $115 million of growth capital expenditures related to the buildout of its newbuild Nyx Clean Fleets® during the remainder of 2022.
Conference Call Information
The Company will host a conference call at 10:00 am Central / 11:00 am Eastern Time on Monday, May 16, 2022 to discuss financial and operating results for the first quarter of 2022 and recent developments. This call will also be webcast and an investor presentation will be available on U.S. Well Services' website at https://ir.uswellservices.com/news-events/ir-calendar. To access the conference call, please dial 201-389-0872 and ask for the U.S. Well Services call at least 10 minutes prior to the start time or listen to the call live over the Internet by logging on to the Company's website from the link above. A telephonic replay of the conference call will be available through May 23, 2022 and may be accessed by calling 201-612-7415 using passcode 13729640#. A webcast archive will also be available at the link above shortly after the call and will be accessible for approximately 90 days.
About U.S. Well Services, Inc.
U.S. Well Services, Inc. is a leading provider of pressure pumping services and a market leader in electric pressure pumping. The Company's patented electric pressure pumping technology provides one of the first fully electric, mobile well stimulation systems powered by locally supplied natural gas including field gas sourced directly from the wellhead. The Company's electric pressure pumping technology dramatically decreases emissions, sound pollution and truck traffic while generating exceptional operational efficiencies including significant customer fuel cost savings versus conventional diesel fleets. For more information visit: www.uswellservices.com. The information on our website is not part of this release.
Forward Looking Statements
The information above includes "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. All statements, other than statements of historical facts, included herein, including among other things, industry activity levels and pricing for the Company's services, anticipated delivery dates for the Company's Nyx Clean Fleets®, availability under the Company's credit facilities, availability of workable equipment, experienced crews, and materials used in pressure pumping operations, the Company's financial position and prospects and liquidity, the Company's ability to identify, evaluate and complete any capital markets or strategic alternative, the Company's business strategy and objectives for future operations, results of discussions with potential customers, potential new contract opportunities and planned construction, the potential term of existing customer contracts, deployment and operation of fleets, are forward-looking statements. These forward-looking statements may be identified by their use of terms and phrases such as "may," "expect," "believe," "intend," "estimate," "project," "plan," "anticipate," "will," "should," "could," and similar terms and phrases. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve certain assumptions, risks and uncertainties. These forward-looking statements represent the Company's current expectations or beliefs concerning future events, and it is possible that the results described in this release will not be achieved. These forward-looking statements are subject to certain risks, including the impact of our transition from the diesel pressure pumping market on our liquidity and our ability to generate revenues and service our outstanding indebtedness for a period of time, the impact of epidemics, pandemics or other major public health issues, such as the COVID-19 coronavirus, the conflict between Russia and Ukraine and its potential impacts on global crude oil markets and our business, as well as the other risks, uncertainties and assumptions identified in this release or as disclosed from time to time in the Company's filings with the Securities and Exchange Commission (the "SEC"). Factors that could cause actual results to differ from the Company's expectations include changes in market conditions and other factors described in the Company's public disclosures and filings with the SEC, including those described under "Risk Factors" in its most recent annual report on Form 10-K and in its subsequently filed quarterly reports on Form 10-Q. As a result of these factors, actual results may differ materially from those indicated or implied by forward-looking statements.
Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, the Company does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for us to predict all such factors.
- Tables to Follow -
Non-GAAP Financial Measures
The Company reports its financial results in accordance with GAAP. The Company believes, however, that certain non-GAAP performance measures allow external users of its consolidated financial statements, such as industry analysts, investors, lenders and rating agencies, to more effectively evaluate its operating performance and compare the results of its operations from period to period and against the Company's peers without regard to the Company's financing methods or capital structure. Additionally, the Company believes the use of certain non-GAAP measures highlights trends in the Company's business that may not otherwise be apparent when relying solely on GAAP measures.
Reconciliation of Net Income to Adjusted EBITDA
EBITDA and Adjusted EBITDA are non-GAAP financial measures and should not be considered as a substitute for net income (loss), operating income (loss) or any other performance measure derived in accordance with GAAP or as an alternative to net cash provided by operating activities as a measure of the Company's profitability or liquidity. The Company's management believes EBITDA and Adjusted EBITDA are useful because they allow external users of its consolidated financial statements, such as industry analysts, investors, lenders and rating agencies, to more effectively evaluate the Company's operating performance, compare the results of its operations from period to period and against the Company's peers without regard to the Company's financing methods or capital structure and because it highlights trends in the Company's business that may not otherwise be apparent when relying solely on GAAP measures. The Company believes EBITDA and Adjusted EBITDA are important supplemental measures of its performance that are frequently used by others in evaluating companies in its industry. Because EBITDA and Adjusted EBITDA exclude some, but not all, items that affect net income (loss) and may vary among companies, the EBITDA and Adjusted EBITDA measures that the Company presents may not be comparable to similarly titled measures of other companies.
The Company defines EBITDA as earnings before interest, income taxes, depreciation and amortization. The Company defines Adjusted EBITDA as EBITDA excluding the following: impairments; litigation settlement; (gain) loss on disposal of assets; change in fair value of warrant liabilities; (gain) loss on extinguishment of debt; share-based compensation; and other items that the Company believes to be non-recurring in nature. The Company defines Adjusted EBITDA margin as Adjusted EBITDA as a percentage of Revenue.
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SOURCE U.S. Well Services | https://www.kxii.com/prnewswire/2022/05/16/us-well-services-announces-first-quarter-2022-financial-operational-results/ | 2022-05-16T10:55:44Z |
ALBANY – Seeking a RAISE to pay for a 13-mile walking trail from Albany to Sasser turned out not to be so easy on Friday.
After more than an hour of discussion at a special called meeting in public and another round in a closed session, the Albany City Commission took no action on applying for a federal Rebuilding America with Sustainability and Equity grant.
The closed portion of the meeting was called to discuss aspects of the project that relate to pending litigation.
The city purchased the former rail corridor in 2015 from South Georgia Rail to Trails. SGRT sued the city in August 2020 claiming breach of contract.
The group claims the contract with the purchase required the city to complete the project within five years.
“There was no motion and no vote (on the grant application), just an announcement that litigation was discussed and an adjournment,” Albany City Attorney Nathan Davis said at the end of the closed session.
Commissioners Bob Langstaff and Demetrius Young had requested that the entire session be held in closed session in the event discussion veered into territory related to the lawsuit. Mayor Bo Dorough argued that the meeting should be open as long as possible with the option of closing it if necessary.
“Any discussions about the trail in an open meeting are problematic,” Langstaff said. “I disagree, I think we need to do it from the get-go.”
With Commissioner Vilnis Gaines absent, a motion to close the meeting failed on a 3-3 tie vote.
During the open part of the meeting, Commissioner Chad Warbington cast doubt on the city’s ability to fund the project even with a grant. With a potential cost of $12 million, the city could be looking at funding about half of the total.
Warbington based that on RAISE trail projects funded in Arkansas, Atlanta and Durhan, N.C. In Arkansas, the local match was 41.8 percent on a $20.5 million project, and the local share was 50 percent on the $38.9 million Atlanta Belt Line, he said.
“There is some free money around, but as Commissioner (Jalen) Johnson noted, nothing is free,” Warbington said. “I think we would have a significant financial obligation.”
During questioning from commissioners, city Engineering and Planning Director Bruce Maples said that a $700,000 state grant that has been discussed would provide $700,000 for preliminary engineering.
The city has produced an engineering plan for a paved trail that would stretch from North Monroe Street to Sasser.
Langstaff said he would be interested in examining a “natural trail” that would use paving only in heavily used areas, which would reduce the costs.
“We’re going to have to put our money in and this is going to take four to six years, and a shovel isn’t going to go into the ground for three years,” Johnson said of the proposal. “We have so many other projects we’ve talked about. We don’t even have enough money for speed tables in neighborhoods that have been asking for them for years.
“It’s pretty asinine to ask staff to apply for a grant when we don’t even know if we can afford to maintain it (trail). I get calls every day about speed tables, about paving alleys, about recreation.”
The deadline to apply for the grant is April 14. | https://www.albanyherald.com/news/push-to-seek-federal-grant-for-trail-project-fails-in-albany-city-commission-meeting/article_21c46ae0-b29c-11ec-a83c-3f322f7d8994.html | 2022-04-02T17:29:27Z |
Company expects record FY 2022 revenue of approximately $15.6 million; represent an increase of approximately 46%
Company provides update on Nasdaq listing process
GARDNER, Mass., Aug. 31, 2022 /PRNewswire/ -- Precision Optics Corporation, Inc. (OTCQB: PEYE), a leading designer and manufacturer of advanced optical instruments for the medical and defense industries, today announced preliminary revenue for the fourth quarter and fiscal year end 2022, ended June 30, 2022 and provided an update on its process to list its shares on the Nasdaq Capital Market. The Company will issue its complete fourth quarter and fiscal year end 2022 financial results and conduct a conference call as part of its complete financial results in September 2022.
Preliminary fourth quarter and fiscal year 2022 (ended June 30, 2022) highlights include:
- Revenue for the fiscal year ended June 30, 2022 is expected to be approximately $15.6 million compared to $10.7 million in the previous fiscal year, an increase of approximately 46%, a new annual record for the Company. The record annual revenue was driven by organic revenue growth of approximately 10% coupled with contributions of approximately $3.8 million from the acquisition of Lighthouse Imaging which was completed in October 2021.
- Revenue for the quarter ended June 30, 2022 is expected to be approximately $4.7 million compared to $2.7 million in the same quarter of the previous fiscal year, an increase of 74% from the year ago period, including 27% attributable to strong organic growth, and up sequentially from $4.65 million in the third quarter of fiscal 2022.
Precision Optics' CEO, Joseph Forkey, commented, "Fiscal 2022 was a transformative year for Precision Optics as we expect to report record annual revenues of approximately $15.6 million, with a fourth quarter annualized run-rate of approximately $19 million. This increase in revenue is driven by organic growth as well as contributions from our Lighthouse acquisition. During the past few quarters, we have experienced a surge in production contracts primarily due to the burgeoning pipeline we have built the last few years as well as reengagement by customers that were previously negatively impacted by the pandemic but are now beginning to recover. Going into Fiscal 2023 we expect opportunities for continued revenue growth while building profitability as we begin to realize the benefits of greater scale in our business. With continued improvement in industry trends towards innovative new products that leverage our proprietary optical technologies across medical device and defense segments and increases in elective surgeries which benefit many of our customers' end products, I believe we are well positioned to see continued growth in fiscal 2023."
Update on Intent to List Shares on Nasdaq Capital Market
The Company successfully received approval from shareholders at its annual meeting in April 2022 to affect a reverse split if needed to satisfy the Nasdaq minimum share price requirement and continues to have productive discussions with the exchange on certain other factors that are required for listing. The Company is working through what it believes to be the final details of the qualification with Nasdaq and expects to complete the process or have an additional update by the end of September.
About Precision Optics Corporation
Founded in 1982, Precision Optics is a vertically integrated optics company primarily focused on leveraging its proprietary micro-optics and 3D imaging technologies to the healthcare and defense/aerospace industries by providing services ranging from new product concept through mass manufacture. Utilizing its leading-edge in-house design, prototype, regulatory and fabrication capabilities as well as its Lighthouse Imaging division's electronic imaging expertise and its Ross Optical division's high volume world-wide sourcing, inspecting and production resources, the Company is able to design and manufacture next-generation product solutions to the most challenging customer requirements. Within healthcare, Precision Optics enables next generation medical device companies around the world to meet the increasing demands of the surgical community who require more enhanced and smaller imaging systems for minimally invasive surgery as well as 3D endoscopy systems to support the rapid proliferation of surgical robotic systems. In addition to these next generation applications, Precision Optics has supplied top tier medical device companies a wide variety of optical products for decades, including complex endocouplers and specialized endoscopes. The Company is also leveraging its technical proficiency in micro-optics to enable leading edge defense/aerospace applications which require the highest quality standards and the optimization of size, weight and power. For more information, please visit www.poci.com.
About Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking statements include, but are not limited to, statements that express the Company's intentions, beliefs, expectations, strategies, predictions or any other statements related to the Company's future activities or future events or conditions. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by the Company's management. These statements are not guarantees of future performances and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in the forward-looking statements due to numerous factors, including those risks discussed in the Company's annual report on Form 10-K and in other documents that we file from time to time with the SEC. Any forward-looking statements speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement, except as required by law.
Company Contact:
PRECISION OPTICS CORPORATION
22 East Broadway
Gardner, Massachusetts 01440-3338
Telephone: 978-630-1800
Investor Contact:
LYTHAM PARTNERS, LLC
Robert Blum
Phoenix | New York
Telephone: 602-889-9700
peye@lythampartners.com
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SOURCE Precision Optics Corporation | https://www.kxii.com/prnewswire/2022/08/31/precision-optics-reports-preliminary-fourth-quarter-fiscal-year-2022-revenue/ | 2022-08-31T21:24:50Z |
Arkose Labs continues to accelerate growth and product innovation with notable and highly strategic hires
SAN MATEO, Calif., Sept. 14, 2022 /PRNewswire/ -- Arkose Labs, the global leader in bot management, today announced that John Chirhart has joined the company as Cybersecurity Intelligence Officer, a newly created role. Formerly with Google's Cloud Security Unit, John is widely regarded as an expert in devising and implementing strategies that are essential for the private and public sectors to stop massive botnet attacks.
Cybersecurity trend information shows that volumetric bot attacks have reached epidemic proportions. Recent analysis reveals that 93 percent of attacks are bot-driven and bot attack signatures are 3x more complicated today than in years prior, creating greater detection complexity for businesses.
Chirhart's diverse experience includes relevant stints supporting covert and clandestine operations for the U.S. intelligence community, leading vulnerability management for the U.S. Department of Defense, as well as working alongside operating companies that were plagued with bot-perpetrated credential stuffing and account takeover attacks. "I first met John several years ago, and his well-rounded security experience impressed me, but even more important to me was his passion for solving the customer's pain in this space," said Kevin Gosschalk, founder and CEO, Arkose Labs. "He brings tremendous market credibility to bear and understands first-hand the challenges that CISOs face today and how to solve for them."
In his new role, Chirhart is tasked to help lead Arkose Labs' continued growth. He'll be in the field working closely with prospects and customers in the fintech, online gaming, travel, ecommerce, and the public sector to protect consumer online accounts.
"What's rare about Arkose Labs compared to other vendors is its ability to evolve products faster than bad actors can change-up their bot attacks," Chirhart said. "CISOs have told me that after six months other bot management vendors are no longer effective simply because they cannot out-innovate fraudsters. Today's adversary is highly incentivized and continues to deploy new types of bot attacks because they are incredibly profitable. The only way to beat bots for good is by increasing the fraudster's effort to attack thereby decreasing the ROI of each attack. And Arkose Labs is the only vendor out there that has figured out how to do that by having a regular cycle of product innovation."
Chirhart reports to long-time security executive and Arkose Labs go-to-market leader Richard Dufty. "I'm thrilled that our product roadmap and culture attracted John to the team," said Dufty. "Ingenuity is the bedrock that supports our culture and enables us to solve the biggest problems that CISOs face today, resulting in adversaries getting frustrated, giving up, and going away for the long-term."
SPECIAL ANNOUNCEMENT: Tune in today to a live social media simulcast interview with Chirhart and Gosschalk at 2:30 p.m.ET/11:30 a.m.PT on Arkose Labs LinkedIn, Twitter, and YouTube channels. They will discuss new bot attacks emerging on the scene, Chirhart's decision to leave Google and join Arkose Labs, and the opportunities ahead.
Arkose Labs' mission is to create an online environment where all consumers are protected from malicious activity. Its AI-based platform combines powerful risk assessments with dynamic attack response that undermines the ROI behind attacks while improving good user throughput. The company offers the world's first and only $1 million credential stuffing warranty. Headquartered in San Mateo, CA with offices in Brisbane and Sydney, Australia, San Jose, Costa Rica, and London, UK, the company debuted as the 83rd fastest-growing company in North America on the 2021 Deloitte Fast500 ranking.
Contact
Jean Creech Avent
Global Head of Brand and Communications
Arkose Labs
j.creechavent@arkoselabs.com
+1-843-986-8229
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SOURCE Arkose Labs | https://www.kxii.com/prnewswire/2022/09/14/arkose-labs-hires-john-chirhart-former-google-security-leader-captcha-expert/ | 2022-09-14T14:31:08Z |
ATHENS -- Cage free? Pasture raised? Free range? Choosing eggs in the supermarket can get complicated fast.
Take a gander at the egg case at your local grocery and you are likely to find a variety of labels that go far beyond medium, large, extra-large or jumbo.
Cage-free, pasture-raised, vegetarian-fed, free-range, humanely raised, organic — the variety and combination of descriptors can be confusing and cost you more at checkout.
So what’s a consumer to do?
Casey Ritz and Prafulla Regmi, experts in the Department of Poultry Science at the University of Georgia’s College of Agricultural and Environmental Sciences, agree that information is the best tool in selecting the eggs that are right for you.
What does it all mean?
Regmi, an assistant professor who specializes in poultry welfare programs and research, explained that food labels influence consumers’ purchasing behavior, but the definitions for some labels aren’t regulated by the U.S. Department of Agriculture.
“Welfare-related labels on eggs or meat are confusing, or in some cases outright misleading," he said. "Claims such as ‘humanely raised’ do not provide any information on how birds are reared because there are no standard metrics to define what ‘humanely raised’ means."
Most of the certifications for certain labels comes from private, third-party auditing organizations — such as certifiedhumane.org or the Global Animal Partnership — which have developed their own standards for humane farm animal care.
Other producers follow the standards set by the respective commodity councils for each product, such as the United Egg Producers and the National Chicken Council.
“These third-party auditors follow their own guidelines and, most of the time, their audit protocols are more expansive than those set by the National Chicken Council or the United Egg Producers,” Regmi said. “The extent to which these protocols differ is quite broad.”
“When a label says cage-free, that does not necessarily mean that those birds are raised in a pasture-style system," Ritz added. "They may still be raised indoors, but have access to common floor scratch areas."
For labels like antibiotic- or hormone-free, the definitions can be mildly misleading.
While it is valuable to consumers to have an idea of where their food comes from and how it is produced, some labeling boils down to industrywide marketing strategies.
“Some of these labels are meant to drive profit by tapping into consumers’ perceptions and driving demand, but perception does not necessarily mean you have informed knowledge,” Regmi said.
Some labels, like those for organic products, are federally regulated by the National Organic Program, while other labels are not regulated. As for egg connoisseurs who claim the ability to distinguish an organic (or pasture-raised or vegetarian-fed) egg from a-run-of-the-mill store brand egg, there are many ways to influence how an egg looks.
“Generally speaking, a chicken puts out an egg based on what it eats," Regmi said. "You may see a darker yolk color if a chicken is going out and eating certain grass and worms that can enrich xanthophylls (pigment that changes yolk color) in eggs. If you feed chickens pigmented flowers or other pigmented products, they will also make eggs yolks appear dark yellow or orange."
And what about the egg brands that boast increased vitamin content or Omega-3 fatty acids in their eggs? Yes, there are slight differences in the vitamin and fatty acid profiles of those eggs, but the difference is minimal. Labels such as organic, free-range, heritage or cage-free have no impact on egg nutrition.
How birds are housed has no effect on the nutritional value of eggs.
“If you look at birds raised with the same diets in different housing systems and compare the nutritional value of those eggs, it will be the same," Ritz said. "Just compare the label on each carton and you will see the same nutrient profile. The husbandry system itself does not change the nutritional value of the egg."
Conversely, for chickens that are raised and lay their eggs in outdoor or pastured systems, there may be a greater chance of contaminants on egg shells due to exposure to soil pathogens and microbes present in the natural environment.
“Most of the eggs in the United States are washed and treated before they go to the grocery store, so there is less risk of getting contaminants in them in any way,” Regmi said.
Marketing and perception are important factors in influencing consumer choice, Ritz said.
“What consumers think they want and what they are willing to pay for can be two different things,” he said. “When faced with a price of $6 a dozen or $2 a dozen, it comes down to how much you are willing to pay for a dozen eggs.” | https://www.albanyherald.com/news/decoding-labels-in-the-supermarket-egg-case/article_472df246-d2cd-11ec-9983-77821dc8ea97.html | 2022-05-14T15:55:03Z |
Women accused of abusing children with metal knuckles, sheriff’s office says
BURKE COUNTY, N.C. (Gray News) – Two women in North Carolina were arrested and charged with felony child abuse, according to the Burke County Sheriff’s Office.
Authorities say Natalie “Shane” Childress is accused of intentionally hitting children in her care with a pair of metal knuckles, inflicting serious physical harm.
The children’s mother, Jessica Renee Sanders, told Child Protective Services the children were not home when investigators went to the house to assess the abuse.
Deputies arrived at the residence, however, and found the children hiding.
Due to the children’s injuries, deputies requested EMS and the Burke County Criminal Investigation Division.
Authorities say the children were taken to a children’s hospital abuse and trauma center.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/06/13/women-accused-abusing-children-with-metal-knuckles-sheriffs-office-says/ | 2022-06-13T15:59:38Z |
Women claim squatters won’t leave Henderson home, woman living there claims she has lease
By Kim Passoth
Click here for updates on this story
Las Vegas (KVVU) — A single mom and grandma said they are living a nightmare after pooling their life savings together and buying a home. They claim squatters occupied the home and they can’t get them out.
“My mom and I decided to buy a house together about two months ago because both of our rents were going to go up dramatically, about $500 apiece,” said Jen Larsen.
“We scrimped and scraped the two of us to get this and we were so excited,” said Larsen’s mother Donna Edmonds.
The four-bedroom, three-bathroom, 2,700+ square foot home on Leadville Meadows Drive was supposed to be a dream home for Larsen, Edmonds and Larsen’s three kids, but it has turned into nothing short of a nightmare.
“We gave the seller seven days to move out because they said they needed the money from the sale of the house to move everything out of the house, so we are like okay we can give you seven days. We agreed to that all in the closing documents,” Larsen said.
The women said during that seven days, someone else moved in and has been living there ever since. The deed for the property shows a closing date of March 4. The women have never been able to occupy the home they technically own.
“I can’t eat. I can’t sleep. It’s been really, really stressful,” Edmonds said.
FOX5 obtained a copy of an eviction notice and went to the front door to ask the people living inside for their side of the story. The lights were on, but no one answered. While at the front door, a truck pulled in the driveway and there was an exchange with FOX5′s Kim Passoth.
Kim: Hi there, are you staying in this home?
Man: No, I’m not.
Kim: You are not staying in this home? No.
Kim: Are you just visiting?
Man: Yes. Thanks, I don’t want to be on camera.
Kim: Because the people who own this home say the people who live here are squatting here.
A woman who was in the truck later emailed FOX5 claiming she occupies the home and has a legal lease with the former owner of the property that runs until July 2. FOX5 asked her to send a copy of the lease which has not happened as of this report.
“Me and my kids are going to be homeless or have to figure it out, I guess. Meanwhile, this woman is living in our home that we paid for… she has been living there for free. We haven’t received a dime from anybody,” Larsen said.
FOX5 asked the woman living in the home via email if she has plans to move out and by when. She did not reply to those questions as of this publication.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/12/women-claim-squatters-wont-leave-henderson-home-woman-living-there-claims-she-has-lease/ | 2022-04-12T21:18:24Z |
Red Friday flag sales kick off at Topeka McDonald’s locations
TOPEKA, Kan. (WIBW) - Select McDonald’s locations - including eight Topeka locations - will sell Chiefs flags in honor of Red Friday; an annual event where the proceeds from sales will raise money for the Ronald McDonald House Charities of Northeast Kansas (RMHC).
Red Friday will take place from Friday, September 9, to Sunday, September 11, before the NFL season opener, with each Chiefs flag sold for a minimum donation of $5. The 30-inch-by-20-inch flags will be available while supplies last.
“We are excited to participate in another Red Friday which will benefit RMHC of NE Kansas,” said Kevin Dobski, local McDonald’s Owner, and Operator. “RMHC holds a special place in our hearts, so we love to give back to the House in any way we can, and we are aiming to meet a donation goal of $60K from this year’s sales.”
The selected McDonald’s locations are:
- 1100 Kansas Ave.
- 5525 SW 21st St.
- 1640 SW Wanamaker
- 3530 NW 46th St.
- *3117 S Topeka Ave.
- *1201 Gage Blvd.
- *2001 N Topeka Blvd.
- *2933 SW Wanamaker
* - These four locations plan to sell the flags through throughout September 11.
Sales for each location begins at 6:00 a.m. daily.
“We appreciate everything that McDonald’s has done to support the house with a special thanks to the Dobski organization for hosting another year of Red Friday which benefits the House more than people may know,” said Mindee Reece, CEO & Executive Director of Ronald McDonald House Charities of Northeast Kansas. “This effort helps RMHC of NE Kansas take care of dozens of families with critically ill children receiving medical treatment, so we want to thank our community for continuously showing up for RMHC and participating in all of our fundraisers.”
According to Ronald McDonald’s, the mission of RMHC is to keep families who have children undergoing extensive medical treatment close together by providing the families with a comfortable and convenient home near the hospitals. You can learn more about the organization HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/09/red-friday-flag-sales-kick-off-topeka-mcdonalds-locations/ | 2022-09-09T16:04:46Z |
NEW YORK, Aug. 19, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Wells Fargo & Company (NYSE: WFC).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/wfc-lawsuit-loss-submission-form/?id=30969&from=4
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Wells Fargo common stock between February 24, 2021 and June 9, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 29, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Wells Fargo & Company issued materially false and/or misleading statements and/or failed to disclose that: (i) Wells Fargo had misrepresented its commitment to diversity in the Company's workplace; (ii) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (iii) the foregoing conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; (iv) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo's reputation; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/08/19/wfc-shareholder-alert-jakubowitz-law-reminds-wells-fargo-shareholders-lead-plaintiff-deadline-august-29-2022/ | 2022-08-19T10:03:28Z |
egglife® egg white wraps and Jenny Reimagine the Go-To School Lunch and Afternoon Snack Staple, the PB&J, Giving it a Better-For-You and Delicious Upgrade
CHICAGO, Aug. 17, 2022 /PRNewswire/ -- According to the National Peanut Board, the average American child will consume 1,500 PB&Js before graduating high school. While tasty, the average PB&J isn't the most nutritious option, which is why Egglife Foods, the innovative food company that uses cage-free eggs instead of flour to reimagine carb-heavy foods, is rethinking this iconic schooltime staple – with less carbs and sugar and more protein.
In partnership with actor, Instagram personality and New York Times bestselling author Jenny Mollen, Egglife is sharing a variety of delicious and healthy twists on the lunchtime staple. PB&Js on original egglife® egg white wraps or sweet cinnamon egglife® egg white wraps are simple, delicious, and nutritious - perfect for breakfasts on-the-go, study breaks, lunches, and afternoon snacks. From peanut butter with strawberries to almond butter and tart apples, these unique recipes are sure to be a homerun with kids and parents alike, making lunches more nutritious with a simple swap. The reimagined recipes include:
- Crunchy Raspberry Granola Wrap
- Fruit Chia Pinwheels
- The Elvis
- Sweet & Salty PB&J
- Apple & Almond Wrap
- Peanut Butter Cup Roll Up
Jenny, who is well-known for helping parents take the power struggle out of mealtime through her Dictator Lunches Instagram account - which inspired her upcoming Dictator Lunches September 2022 book release - has teamed up with Egglife to put a special emphasis on solving the age-old problem of school lunch. As a busy mom herself, Jenny is showing parents that every morning doesn't have to be a struggle and with egglife wraps, parents can get back into their routines and feel good about making their kids a healthy and delicious PB&J.
"I'm all about finding fun ways for my kids to eat healthier, which is why this partnership felt so authentic to me," said Jenny Mollen. "Egglife provides such a versatile and better-for-you canvas to work from, giving us so many elevated and delicious twists on the classic PB&J to play with. The best part - kids and parents will love them!"
"As a parent, I know the age-old struggle between packing what tastes good and what's good for you in school lunches," said David Kroll, Chief Executive Officer of Egglife Foods. "That's why we are so excited to partner with Jenny, a fellow parent who can relate to that struggle and who has already helped so many families navigate it. This back-to-school, we want to inspire families with creative and better-for-you mealtime solutions with egglife, making the ease back to our busy routines less stressful and more delicious!"
egglife® egg white wraps contain five grams of protein, fewer than 35 calories, less than one gram of carbohydrates and zero sugar. They are also gluten-free, dairy-free and soy-free. With five versatile sweet and savory flavors – original, southwest, everything bagel, italian and sweet cinnamon – egglife® egg white wraps make it easy to fit delicious meals into your lifestyle without the stress. egglife® egg white wraps are now available in over 10,000 stores across the country, including Aldi, Target, Kroger, Sam's Club, Sprouts, Walmart, and many other retail locations nationwide, as well as online at egglifefoods.com. For more information, visit egglifefoods.com or follow the brand on Instagram: @egglifefoods.
Egglife Foods is reimagining the future of food by harnessing the power of eggs to transform traditionally flour-based foods. The company, recently featured as one of CNBC's Best of Small Businesses, was created in 2017, motivated by a desire to modernize nutrition and champion better wellness without sacrificing taste. Two years and over 2,000 recipes later, their debut product, egglife® egg white wraps were hatched. Made with cage free egg whites and just a few simple ingredients to provide a simple, delicious and nutritious alternative to traditional tortillas, egglife egg white wraps are The Perfect Wrap® for consumers looking for a versatile, low-carb, high protein option. The wraps are available in five innovative flavors – original, southwest, everything bagel, italian and sweet cinnamon. All of Egglife's wraps are cleverly crafted at their very own manufacturing facility in Wolcott, Indiana.
JENNY MOLLEN is a writer, actor, Instagram personality and New York Times bestselling author of the essay collections I Like You Just the Way I Am and Live Fast Die Hot. Her digital series, "I Like You Just the Way I Am," which she wrote and in which she stars, currently streams on ABC Digital. Her debut novel City of Likes was released June 14th and is a national best seller. The book has already been optioned by Sony TV with Diablo Cody attached to executive produce. Her next book Dictator Lunches: Inspired Meals That Will Compel Even the Toughest of (Tyrants) Children comes out September 13th. Heralded by The Huffington Post as one of the funniest women on both Twitter and Instagram and named one of "Five to Follow" by T Magazine, Jenny wrote a standing column for Parents magazine and has contributed to Cosmopolitan, Glamour, New York, Elle.com, Wake Up Call with Katie Couric, and Playboy online. With her Instagram handles @jennymollen and @dictatorlunches, Jenny has more than half a million followers. Visit jennymollen.com.
Media Contact:
Jessie Depre
jessie.depre@spoolmarketing.com
815-503-1523
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SOURCE Egglife Foods | https://www.kxii.com/prnewswire/2022/08/17/innovative-food-company-egglife-foods-announces-partnership-with-actress-author-influencer-mom-jenny-mollen-help-families-get-back-routine-with-simple-mealtime-solutions/ | 2022-08-17T17:32:46Z |
Anticipated Q4 2022 data readout from randomized phase 2 study in breast cancer is on track and expected to inform the design of a registrational trial
Clinical biomarker data demonstrates pelareorep's induced improvement in the prognosis of HR+/HER2- breast cancer patients by decreasing their risk of recurrence
Preclinical data demonstrating the synergistic anti-cancer activity of pelareorep combined with CAR T cell therapy in solid tumors published in Science Translational Medicine
$39.5 million in cash and cash equivalents expected to provide runway through key catalysts and into 2023
Management hosting conference call and webcast today at 5:00 p.m. ET
SAN DIEGO, Calif and CALGARY, AB, May 5, 2022 /PRNewswire/ -- Oncolytics Biotech® Inc. (NASDAQ: ONCY) (TSX: ONC) today announced recent operational highlights and financial results for the first quarter ended March 31, 2022. All dollar amounts are expressed in Canadian currency unless otherwise noted.
"Recent updates from multiple clinical trials have showcased pelareorep's wide-ranging therapeutic potential as well as the advantages of our corporate strategy," said Dr. Matt Coffey, President and Chief Executive Officer of Oncolytics Biotech Inc. "Our latest data in HR+/HER2- breast cancer show pelareorep driving changes in the tumor microenvironment that are known to be associated with improved patient outcomes and a decreased risk of recurrence. These results increase our understanding of pelareorep's mechanism of action and build upon our prior phase 2 data that showed pelareorep delivering a clinically meaningful and statistically significant survival benefit to HR+/HER2- breast cancer patients. They also further de-risk our lead program's upcoming randomized phase 2 data readout, which is expected to confirm and expand upon these prior findings and move us forward into a registrational study."
Dr. Coffey continued, "Recent clinical and preclinical data also showed pelareorep safely combined with a range of drug classes and demonstrated its potential to enable the success of CAR T cell therapies against solid tumors. We believe our strategy has positioned us for sustained success, as its execution allowed us to generate proof-of-concept data in multiple indications while maintaining a strong balance sheet and a clear focus on our lead breast cancer program."
First Quarter and Subsequent Highlights
Breast Cancer Program
AWARE-1 data demonstrate pelareorep's ability to improve the prognosis of HR+/HER2- breast cancer patients and decrease their risk of recurrence
New clinical biomarker analyses from AWARE-1's first two cohorts presented at the European Society for Medical Oncology (ESMO) Breast Cancer Meeting evaluated changes in the tumor microenvironment (TME) following treatment with pelareorep and letrozole with (cohort 2) or without (cohort 1) the checkpoint inhibitor atezolizumab (link to PR). Gene expression analyses showed 100% of evaluable patients with a Risk of Recurrence Score (ROR-S) classified as "low" 21-days post-treatment vs. 55% with a "low" ROR-S prior to treatment. In both cohorts, the treatment regimen caused tumors to convert from the more aggressive luminal B classification to luminal A classification, which is associated with improved clinical outcomes. Collectively across both cohorts, the percentage of evaluable patients with a luminal A classification increased from 55% before treatment to 85% 21 days after treatment. Statistically significant increases in markers of tumor cell death and T cell activation were also observed with treatment. Altogether, these results reaffirm pelareorep's ability to improve the prognosis of breast cancer patients and decrease their risk of recurrence by remodeling the TME and stimulating anti-tumor immunity.
Partner Adlai Nortye advanced Chinese bridging trial of pelareorep-paclitaxel combination to final dosing cohort
The ongoing bridging trial is evaluating the safety, tolerability, and preliminary efficacy of pelareorep-paclitaxel combination therapy in Chinese patients with advanced or metastatic breast cancer. Initiation of the trial's final cohort followed the completion of the dose escalation evaluation periods of the first two cohorts, which indicated that the studied combination was well tolerated with no new safety signals observed. The dosing regimen for the trial's second cohort is equivalent to that administered in IND-213, while the regimen for the third cohort is equivalent to the regimen being administered in BRACELET-1, an ongoing phase 2 trial in HR+/HER2- breast cancer that is evaluating pelareorep plus paclitaxel with and without a checkpoint inhibitor. Completion of the bridging trial is expected to accelerate pelareorep's development in China, the world's second largest oncology market.
Gastrointestinal Cancers Program
Successfully completed safety run-ins for the phase 1/2 GOBLET trial
The GOBLET trial is evaluating the safety and efficacy of pelareorep in combination with Roche's anti-PD-L1 checkpoint inhibitor atezolizumab in patients with advanced or metastatic pancreatic, colorectal, and anal cancers. The three-patient safety run-ins for the trial's pancreatic cancer and third-line metastatic colorectal cancer (mCRC) cohorts have each been successfully completed following an independent review by the study's Data Safety Monitoring Board (DSMB), which noted no safety concerns. Following the DSMB reviews and authorization from the Paul Ehrlich Institute (PEI; Germany's medical regulatory body), all of the trial's four cohorts are now cleared for full enrollment.
In addition to providing data on the safety and efficacy of pelareorep-atezolizumab combinations, the GOBLET trial is designed to evaluate CEACAM6 and T cell clonality as predictive biomarkers of treatment response. Use of a predictive biomarker in future studies may increase their likelihood of success by ensuring selection of the most appropriate patients.
Additional Immunotherapeutic Opportunity
Preclinical data demonstrating the synergistic anti-cancer activity of pelareorep combined with chimeric antigen receptor (CAR) T cell therapy in solid tumors published in Science Translational Medicine
Though CAR T cells have generated long-term cures in patients with hematological malignancies1, they have thus far had limited success against solid tumors due primarily to challenges posed by short-lived perseverance, immunosuppressive TMEs, and antigen escape. A peer-reviewed preclinical study published recently in Science Translational Medicine showed the persistence and anti-cancer activity of CAR T cells improved dramatically when these cells were loaded with pelareorep (link to PR, link to publication). Compared to either treatment alone, treatment with pelareorep-loaded CAR T cells led to statistically significant survival benefits in murine models of skin and brain cancer. In addition, boosting mice treated with pelareorep-loaded CAR T cells with a subsequent intravenous dose of pelareorep led to a further enhancement in efficacy and tumor cures in >80% of mice treated in each model. Mechanistic analyses indicated that the enhanced efficacy of this combination was due to pelareorep's ability to increase CAR T cell perseverance, reverse immunosuppressive TMEs, and reduce antigen escape. The reduction in antigen escape was linked to the creation of dual-specific CAR T cells that target both the tumor directly and pelareorep proteins within the tumor. Given that solid tumors represent the vast majority of cancer cases, these results demonstrate pelareorep's potential to significantly expand the commercial opportunity offered by CAR T cell therapies.
Financial Highlights
- As of March 31, 2022, the Company reported $39.5 million in cash and cash equivalents.
- Operating expense for the first quarter of 2022 was $2.6 million, compared to $3.1 million for the first quarter of 2021.
- R&D expense for the first quarter of 2022 was $3.7 million, compared to $2.8 million for the first quarter of 2021.
- The net loss for the first quarter of 2022 was $6.8 million, compared to a net loss of $6.4 million in the first quarter of 2021. The basic and diluted loss per share was $0.12 in the first quarter of 2022, compared to a basic and diluted loss per share of $0.13 in the first quarter of 2021.
- Net cash used in operating activities for the first quarter of 2022 was $6.3 million, compared to $5.6 million for the first quarter of 2021.
Anticipated Milestones and Catalysts
- Completion of enrollment in phase 2 BRACELET-1 metastatic breast cancer study: Q2 2022
- GOBLET pancreatic cohort update: Q3 2022
- Top-line data from phase 2 BRACELET-1 metastatic breast cancer study: Q4 2022
Oncolytics expects to provide updates on the timing of the following milestones:
- Interim safety update from BRACELET-1 metastatic breast cancer study
Webcast and Conference Call
Management will host a conference call for analysts and institutional investors at 5:00 p.m. ET today, May 5, 2022. To access the call, please dial (888) 664-6383 (North America) or (416) 764-8650 (International) and, if needed, provide confirmation number 6952-6976. A live webcast of the call will also be available by clicking here or on the Investor Relations page of Oncolytics' website (LINK) and will be archived for three months. A dial in replay will be available for one week and can be accessed by dialing (888) 390-0541 (North America) or (416) 764-8677 (International) and using replay code: 526-976#.
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References
1. Melenhorst, J.J., Chen, G.M., Wang, M. et al. Decade-long leukaemia remissions with persistence of CD4+ CAR T cells. Nature (2022). https://doi.org/10.1038/s41586-021-04390-6
About Oncolytics Biotech Inc.
Oncolytics is a biotechnology company developing pelareorep, an intravenously delivered immunotherapeutic agent. This compound induces anti-cancer immune responses and promotes an inflamed tumor phenotype -- turning "cold" tumors "hot" -- through innate and adaptive immune responses to treat a variety of cancers.
Pelareorep has demonstrated synergies with immune checkpoint inhibitors and may also be synergistic with other approved oncology treatments. Oncolytics is currently conducting and planning clinical trials evaluating pelareorep in combination with checkpoint inhibitors and targeted therapies in solid and hematological malignancies as it advances towards a registration study in metastatic breast cancer. For further information, please visit: www.oncolyticsbiotech.com.
This press release contains forward-looking statements, within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended and forward-looking information under applicable Canadian securities laws (such forward-looking statements and forward-looking information are collectively referred to herein as "forward-looking statements"). Forward-looking statements contained in this press release include statements regarding Oncolytics' belief as to the potential and benefits of pelareorep as a cancer therapeutic; Oncolytics' expectations as to the purpose, design, outcomes and benefits of its current or pending clinical trials involving pelareorep; Oncolytics' beliefs as to pelareorep's wide-ranging therapeutic and the advantages of its corporate strategy; Oncolytics' beliefs that the latest data in HR+/HER2- breast cancer further de-risk its upcoming randomized phase 2 data readout and its expectation that the data readout will confirm and expand upon its prior findings; Oncolytics' belief that its strategy has positioned it for sustained success; Oncolytics' expectations the completion of its Nortye Adlai's bridging trial will accelerate pelareorep's development in China; Oncolytics' belief that use of a predictive biomarker in future studies may increase the likelihood of success of the studies; Oncolytics' belief that pelareorep has the potential to significantly expand the potential opportunity offered by CAR T therapies; Oncolytics anticipated milestones and catalysts, including completion of enrollment in phase 2 BRACELET-1 metastatic breast cancer study in Q2 2022; GOBLET pancreatic cohort update in Q3 2022; top-line data from phase 2 BRACELET-1 metastatic breast cancer study in Q4 2022; and its plans to release an interim safety update from BRACELET-1 metastatic breast cancer study; our plans to advance towards a registration study in metastatic breast cancer; and other statements related to anticipated developments in Oncolytics' business and technologies. In any forward-looking statement in which Oncolytics expresses an expectation or belief as to future results, such expectations or beliefs are expressed in good faith and are believed to have a reasonable basis, but there can be no assurance that the statement or expectation or belief will be achieved. Such forward-looking statements involve known and unknown risks and uncertainties, which could cause Oncolytics' actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, among others, the availability of funds and resources to pursue research and development projects, the efficacy of pelareorep as a cancer treatment, the success and timely completion of clinical studies and trials, Oncolytics' ability to successfully commercialize pelareorep, uncertainties related to the research and development of pharmaceuticals, uncertainties related to the regulatory process and general changes to the economic environment. In particular, we may be impacted by business interruptions resulting from COVID-19 coronavirus, including operating, manufacturing supply chain, clinical trial and project development delays and disruptions, labour shortages, travel and shipping disruption, and shutdowns (including as a result of government regulation and prevention measures). It is unknown whether and how Oncolytics may be affected if the COVID-19 pandemic persists for an extended period of time. We may incur expenses or delays relating to such events outside of our control, which could have a material adverse impact on our business, operating results and financial condition. Investors should consult Oncolytics' quarterly and annual filings with the Canadian and U.S. securities commissions for additional information on risks and uncertainties relating to the forward-looking statements. Investors are cautioned against placing undue reliance on forward-looking statements. The Company does not undertake any obligation to update these forward-looking statements, except as required by applicable laws.
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SOURCE Oncolytics Biotech® Inc. | https://www.kxii.com/prnewswire/2022/05/05/oncolytics-biotech-reports-first-quarter-2022-financial-results-recent-operational-highlights/ | 2022-05-05T20:57:50Z |
Singh Will Drive Value and Experience for Social Good Organizations as First Chief Customer Officer
CHARLESTON, S.C., June 21, 2022 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today appointed Chris Singh as Chief Customer Officer. Singh is the first leader to hold the newly created position at Blackbaud, representing a significant next step in the company's commitment to customers and their end-to-end experience.
"I'm thrilled to announce Chris's promotion to Chief Customer Officer," said Mike Gianoni, president and CEO, Blackbaud. "We're dedicated to delivering a best-in-class experience for our customers, and this central position focused on their success will help us provide better support as a trusted partner and enable our customers to drive even more impact for social good."
Singh first joined Blackbaud in May 2021 as senior vice president of Customer Success and has already demonstrated impact in his first year with the company by:
- Conducting more than 300 customer enablement sessions with over 53,000 attendees to help customers get the most out of their Blackbaud solutions through strategic insight
- Creating a critical response center to identify and manage high priority customer issues with diligence and speed
- Working cross-functionally to programmatically mature customer product usage and utilize data strategy to deliver value to customers
- Increasing proactive customer engagements with a focus on outcome and strategy
In his new role, Singh will oversee strategy and execution of the customer experience across Blackbaud under a shared vision to deliver at every stage of the customer life cycle.
"The addition of the Chief Customer Officer role solidifies Blackbaud's stake in putting customers first," said Singh. "This role will ensure that throughout the customer life cycle, we are delivering on outcomes and great experiences in a seamless and consistent way. It will ensure that investments are made to scale and continuously transform our end-to-end customer experience as technology and businesses evolve. It means Customer Success will have board visibility and be fully accountable to deliver on the promise of great customer experience and value realization."
Prior to joining Blackbaud, Singh served as senior vice president of Customer Engagement and Experience at SAP, where he created the SAP brand of SAP Preferred Success—a best-in-class Customer Success Management program that helped thousands of customers in 53 countries meet their business and strategic goals in the cloud. He has held key senior leadership roles in product and software development, innovation, engineering and customer success. He has demonstrated success in achieving significant gains in customer satisfaction, references, renewals and incremental cloud subscription revenues.
In addition, Singh serves on several boards as an advisor and is a social media influencer and thought leader on customer success, innovation and value-based technology trends. He is deeply passionate about people and making communities stronger, and he supports many social good causes.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world's leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies and individual change agents—Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility (CSR) and environmental, social and governance (ESG), school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than four decades, Blackbaud is a remote-first company headquartered in Charleston, South Carolina, with operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.
Media Inquiries
media@blackbaud.com
Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
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SOURCE Blackbaud, Inc. | https://www.kxii.com/prnewswire/2022/06/21/blackbaud-names-chris-singh-chief-customer-officer/ | 2022-06-21T15:24:33Z |
Collaboration between industry leaders brings innovative sports betting and iGaming experiences to cruise ship guests
JERSEY CITY, N.J., June 17, 2022 /PRNewswire/ -- BetMGM, a leading sports betting and iGaming operator, announced today a new partnership with Carnival Corporation to deliver world-class retail and mobile sports betting and iGaming experiences to cruise ship guests. Through this partnership, gaming will be available on more than 50 ships ported in the U.S. spanning Carnival Cruise Line, Holland America Line and Princess Cruises. BetMGM's platform will roll out in phases over the coming months.
"We've found an ideal partner in Carnival Corporation and look forward to providing our sports betting and iGaming products to its millions of passengers," said BetMGM CEO Adam Greenblatt. "This is another great opportunity for us to further expand BetMGM's footprint."
Under the agreement, Carnival Corporation will offer BetMGM-branded digital and cash-based sports betting, as well as digital real-money gaming products on-board Carnival's U.S.-branded ships in international waters. Additionally, BetMGM and Carnival Corporation will collaborate on co-marketing and promotional activations.
Marty Goldman, SVP Global Casino Operations for Carnival Corporation, said, "We're very proud to be able to deliver the excitement and engagement of sports betting and iGaming to our guests through our partnership with BetMGM. Our two leading global hospitality organizations will provide a wide array of immersive digital content as a complement to our exceptional shipboard casinos."
As BetMGM continues to expand into new markets, responsible gaming education remains a key focus. BetMGM is proud to provide resources to help customers play responsibly including GameSense, an industry leading program, developed and licensed to MGM Resorts by the British Columbia Lottery Corporation. Through the GameSense integration within BetMGM's mobile and desktop platforms, customers can directly access responsible gaming tools.
The BetMGM app is available for download on both iOS and Android, and is accessible via desktop at www.betmgm.com. For more information, follow @BetMGM on Twitter.
BetMGM is a market-leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain's U.S. licensed, state of the art technology, BetMGM offers sports betting and online gaming via market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit http://www.betmgminc.com/.
Carnival Corporation & plc is one of the world's largest leisure travel companies with a portfolio of nine of the world's leading cruise lines. With operations in North America, Australia, Europe and Asia, its portfolio features Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.
Statements in this release that are not historical facts are "forward-looking" statements and "safe harbor statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and/or uncertainties, including those described in MGM Resorts' public filings with the SEC. Forward-looking statements are based on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, statements regarding the future results of BetMGM. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include effects of economic conditions and market conditions in the markets in which MGM Resorts operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in MGM Resorts' Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, MGM Resorts is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If MGM Resorts updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.
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SOURCE BetMGM | https://www.kxii.com/prnewswire/2022/06/17/betmgm-carnival-corporation-partner-offer-cruise-ship-gaming/ | 2022-06-17T13:54:30Z |
Applications open for funding to help fill tech gaps in Kansas
TOPEKA, Kan. (WIBW) - Applications are now open for funding to help fill gaps preventing the establishment of new technology in Kansas.
Lieutenant Governor and Secretary of Commerce David Toland says on Tuesday, Sept. 6, that Proof of Concept applications for the first quarter of the fiscal year 2023 are open and will be accepted until Friday, Sept. 30.
Lt. Gov. Toland noted that the program is part of the Kansas Innovation & Technology Enterprise and is meant to fill a funding gap that impedes the progress of technology from research to the marketplace.
Toland said POC funding acts as a bridge to commercialization and potential funds by angel or venture capital investors. He said the program aims to help:
- The establishment of promising new tech-based entrepreneurial ventures in the Sunflower State.
- The commercialization of inventions that result from research conducted at Kansas public universities.
“I am thrilled that we are able to offer funding through the Proof of Concept program to help entrepreneurs develop new technologies,” Lieutenant Governor and Commerce Secretary David Toland said. “Promoting innovation and entrepreneurship is one of the four strategic pillars of the Framework for Growth. Through this program we make sure that innovative thinkers and doers can bring new ideas to fruition, creating new jobs and wealth that drive the Kansas economy.”
Toland indicated that POC funds can help develop a project or product to the point where the awardee can raise significant amounts of external funds. Typically, he said these awards will be used for commercial assessment or technology validation like advanced testing or prototype development.
The Lt. Gov. noted that the funding is available in two categories: For-profit Entity and Faculty-Led. He said applications are accepted throughout the year and can be found HERE.
Toland said the POC review committee will meet quarterly to review proposals and make recommendations for funding. Award amounts vary between $5,000 to $25,000 per application.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/06/applications-open-funding-help-fill-tech-gaps-kansas/ | 2022-09-06T18:26:52Z |
Attacker mows down family with vehicle, kills 2 with shotgun
BILLINGS, Mont. (AP) - A man drove his vehicle into a family as they walked near Glacier National Park then got out and began shooting at them with a shotgun, killing one man and mortally wounding a toddler before one of the victims managed to kill the assailant after he ran out of ammunition, authorities said Tuesday.
Killed in the attack on the Blackfeet Indian Reservation in northwestern Montana were David Siau, 39, of Syracuse, New York, and Siau’s 18-month-old daughter, McKenzie.
The assailant, Derick Amos Madden, 37, had been in a prior relationship with the woman who killed him and had mental health issues, according to the Glacier County Sheriff’s Office.
Madden drove his vehicle into the Siau family just before 9 p.m. Sunday as they walked along a roadway in the small town of East Glacier Park, hitting some of them before crashing into a tree, the sheriff’s office said.
As members of the family tried to run, Madden shot and killed David Siau and mortally wounded McKenzie. The young girl was being held by her mother, Christy Siau, 40, who was shot and wounded.
After running out of ammunition, Madden used a knife to attack and critically wound Christina Siau, 30. But she fought back and fatally wounded Madden, who died at the scene, authorities said.
Two minor children who were present were able to run away and escaped injury.
McKenzie Siau was later pronounced dead at the Indian Health Service hospital in Browning. Christy and Christina Siau were flown to a hospital with critical injuries.
Authorities were still trying to determine if Madden, originally of Goldsby, Oklahoma, had the shotgun legally.
The sheriff’s office described it as an “isolated...incident with a clear nexus between the victims and Madden” and said the investigation was continuing. It was not clear what provoked Sunday’s attack beyond the prior relationship between Madden and Christina Siau.
Local authorities did not know of any previous interactions that Madden had with law enforcement. He had been working recently in East Glacier, a tourist town and gateway to the mountains in Glacier National Park, according to Jody Hickey, a spokesperson for Glacier County Sheriff Vernon “Napi” Billedeaux.
Christina Siau was originally from New York and had been living in East Glacier, where her family was visiting, Hickey said.
Christy Siau was a former book keeper for the American Baptist Churches of New York State, according to a social media postings by the organization. She was described as “a long time and beloved member” of the organization’s staff in a statement from Executive Minister Rev. James Kelsey.
Christy and David Siau were also active in the First Baptist Church of Hoosick Falls, New York, Kelsey said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/20/attacker-mows-down-family-with-vehicle-kills-2-with-shotgun/ | 2022-07-20T04:33:32Z |
- Sandy Creek is 1 of 8 solar sites built in north Florida.
- 74.9-megawatt facility can power 23,000 homes annually at peak production.
ST. PETERSBURG, Fla., May 24, 2022 /PRNewswire/ -- As part of its commitment to provide cleaner energy solutions to benefit customers throughout the state, Duke Energy Florida today announced that the first utility-scale solar power plant in Bay County is now operational and delivering power to the electric grid.
"Growing renewable energy in Florida is a top priority for us, and we are proud to complete the first utility-scale solar site in Bay County," said Duke Energy Florida state president Melissa Seixas. "This project will play a major role in our state's transition toward a cleaner energy future and demonstrates how neighbors, businesses and communities can come together to make meaningful impacts that will benefit Florida's environment, energy system and electric customers."
The Sandy Creek Solar Power Plant was built on 625 acres in Bay County, Fla. As the county's first utility-scale solar power plant, the facility brings 74.9 megawatts (MW) of clean energy to the area and consists of approximately 220,000 single-axis tracking solar panels, capable of producing enough electricity to power approximately 23,000 homes annually at peak production.
The new facility is part of Duke Energy Florida's commitment to provide customers with 700 MW of clean energy through the completion of 10 facilities by 2022. These 10 facilities are located throughout Florida, as far south as Highlands County and as far north as Hamilton County. Nine of the 10 facilities are now in service, while the remaining site in Hardee County is under construction and expected to be completed this summer.
With a combined investment of more than $2 billion, Duke Energy Florida's solar generation portfolio will include 25 grid-tied solar power plants, which will benefit all Florida customers and will provide about 1,500 MW of emission-free generation from approximately 5 million solar panels by 2024.
Video of Sandy Creek Solar Power Plant, from drone.
Duke Energy Florida, a subsidiary of Duke Energy, owns 10,300 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 28,000 people.
Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.
Duke Energy was named to Fortune's 2022 "World's Most Admired Companies" list and Forbes' "America's Best Employers" list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.
Media contact: Audrey Stasko
Cell: 315.877.3031
Media line: 800.559.3853
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SOURCE Duke Energy | https://www.mysuncoast.com/prnewswire/2022/05/24/duke-energy-floridas-first-solar-power-plant-bay-county-delivers-clean-renewable-energy-customers/ | 2022-05-24T15:50:06Z |
Diego Simeone was working in Argentina in the early years of his coaching career when he requested to attend some training sessions at Barcelona, led at the time by Pep Guardiola.
Barcelona was the pre-eminent club in world soccer, revolutionising the game between 2008-12 with its “tiki-taka” passing style favored by Guardiola and mastered by the likes of Andrés Iniesta and Xavi Hernández.
It wasn’t for Simeone, though.
“We talked,” Guardiola has recounted, “and he told me, ‘I don’t like this. I don’t feel it.’”
Simeone, a combative and hard-working midfielder as a player, saw the beauty of soccer in a different way and, for many, would come to represent the antithesis of Guardiola and his beautiful approach.
A clash of styles soon took hold in Spain, when Simeone moved to Europe to become coach of Atlético Madrid in 2011 — a few months after Barcelona won the Champions League for the second time and in mesmeric fashion at Wembley Stadium.
More than a decade later, the two coaches remain at the top of the game, with Simeone still the embodiment of a rugged and uncompromising Atlético team and Guardiola now attempting to turn soccer into an art form at Manchester City.
City and Atlético go head-to-head in the Champions League quarterfinals on Tuesday — a first competitive meeting between the teams, if not the men leading them.
Yet given Guardiola and Simeone are two of the sport’s most storied current coaches, the fact that they have only come up against each other three times is as surprising as it is refreshing.
The most recent was in the Champions League in 2016, when Atlético eliminated Guardiola’s highly fancied Bayern Munich team on away goals after a pair of tightly contested legs in the semifinals. It’s one of Guardiola’s many painful exits in the Champions League since his last title, in 2011.
The only other time Guardiola and Simeone faced each other was in February 2012, a few months before Guardiola quit Barcelona. The Catalan team won 2-1 in the Spanish league.
One goal was the difference in all three games. Expect more of the same over the next week, even if City starts out as the favorite.
“They are going to be very aggressive,” City midfielder Bernardo Silva said Monday. “They won’t give us much space and it’s going to be very tight. Definitely not an open game — that’s Atlético’s quality.”
Indeed, Guardiola has used Atlético’s elimination of Manchester United in the last 16 as a guide for what team should expect.
“The first 15-20 minutes against United, United couldn’t breathe,” Guardiola said.
And it’s that ability to frustrate that sets Atlético apart. Even if it is achieved by using what’s often perceived as unsportsmanlike tactics that have infuriated opposition coaches and players over the years.
“It is frustrating at times,” Liverpool defender Andrew Robertson said of Atlético in 2020 when his team was eliminated by the Spanish club, “but it is not going to change.”
There was a period, particularly in the 2020-21 season, when Simeone tried to turn Atlético into more of an attack-minded team, using the qualities of forwards like Luis Suárez and João Félix.
When it comes to the crunch, Simeone typically returns to his more destructive and pragmatic game plan and that is likely to be on show at City’s Etihad Stadium for the first leg on Tuesday.
As for Guardiola, who is wedded to his possession-based philosophy, he said he wasn’t ready to “judge” coaches like Simeone who have a different approach to the game. In fact, he thinks there might be a misconception about Atlético’s style.
“They are more offensive than people believe,” Guardiola said. “He (Simeone) doesn’t want to take a risk in the build-up but, after, they have quality and they play really well in the final third.
“It depends on the position of the ball, the moment of the game. They know exactly how to play in each exact moment. Winning, losing, last minutes, early minutes.”
So what about Atlético’s perceived use of the dark arts — the time-wasting, the haranguing of referees, the rolling around? Was there a problem, Guardiola was asked, with “winning ugly?”
“What is ugly? What is playing ugly?” he replied. ”It’s being smart.”
Guardiola has been accused of overthinking his tactics in the big games and he accepted that when it was put to him on Monday.
Not that it will stop him from doing so again when Simeone and Atlético come to Manchester.
“You have to adapt and adjust,” he said before finishing with a smile. “That’s why I love to overthink and create stupid tactics so that after, when I don’t win, I’m punished.”
Yet another layer to the upcoming double-header between the current English and Spanish champions that should be fascinating.
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports
___
Steve Douglas is at https://twitter.com/sdouglas80 | https://cw33.com/sports/ap-sports/style-clash-as-guardiola-simeone-meet-in-champions-league/ | 2022-04-04T13:42:54Z |
FBI: High school teacher arrested for distributing porn; students call it disgusting
HONOLULU (KHNL/KGMB/Gray News) - Authorities are investigating a teacher in Hawaii who has been charged with distributing child pornography.
KHNL/KGMB reports FBI agents arrested Alden Bunag on Wednesday at an Oahu high school, where he taught summer school.
Authorities said he distributed child pornography through an app called Telegram on his phone.
Former students said Bunag acted more like a friend than a teacher.
“It’s absolutely disgusting,” said Seth Daugherty, Bunag’s former student. “I wouldn’t put it past him just because he was an odd guy.”
According to court documents, Bunag exchanged nearly 3,400 messages with a Philadelphia private school teacher — who was arrested last October.
In the chats, Bunag claimed to have sex with a victim during his lunch break. Investigators said Bunag sent a video of himself having sex with a 13-year-old boy.
“He was definitely very friendly with all of the kids, especially the male students,” said Maiya Yamauchi, another former student.
According to Bunag’s social media page, he worked at Pearl City High School and showed many of the senior portraits he took. Some posted as recently as last week.
Yamauchi said Bunag would offer to take senior portraits for students free of charge.
The FBI said Bunag not only ran a photography business but worked at multiple schools and taught dance classes.
“I did see the students who [he] had rubbed the backs of and be way too friendly with. I stayed away from him,” Daugherty said.
Criminal Defense Attorney Victor Bakke said many people who are attracted to children or suffer from pedophilia seek out job positions or employment where they’re around children.
Copyright 2022 KHNL/KGMB via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/18/fbi-high-school-teacher-arrested-distributing-porn-students-call-it-disgusting/ | 2022-06-18T22:56:42Z |
SHELBURNE, Vt., April 12, 2022 /PRNewswire/ -- StarAligners™, a leader in clear aligners and oral health and wellness, announced it has appointed John Barry to its Advisory Board. As former CEO of Kantar Consulting, Senior Vice President Keurig Dr. Pepper, and Director at J&J Oral Care, John brings tremendous leadership, brand experience, and commercialization expertise to the company.
"I am deeply honored to be part of the StarAligners and StarAlignersPro team," states Barry. "What Reid Greenberg (StarAligners' CEO), John Nabors (Vice President Sales and Operations) and their team have built to capture the often overlooked mild to moderate tooth movement category is truly incredible. The addressable market is enormous for StarAligners, and we have such an opportunity in front of us; especially as we expand well beyond just clear aligners and into such products as the Illumina™ Oral Therapy System, whitening foam, and Star Essix Retainers."
"John is a well-known and tremendously respected business leader with a deep background in scaling and growing companies," states StarAligners CEO, Reid Greenberg. "John's understanding of digital technologies, consumer insights and journey, as well as his innate ability to inspire others is exactly what we need right now to help us unlock growth. The entire company and board are excited for his partnership."
About StarAligners
StarAligners™ is an oral health and wellness company and creator of StarAlignersPro™, an innovative solution to treat mild to moderate aligner cases, now offered directly via orthodontists' offices across the United States in addition to their direct-to-consumer model. The orthodontic-led aligner care program was created by five renowned and experienced orthodontists to provide a premium and affordable experience for patient and orthodontists alike, supported by the latest imaging technology and quality clear aligner therapy. For more information, please visit www.StarAligners.com and StarAlignersPro.com.
StarAlignersPro will also be exhibiting at the upcoming American Association of Orthodontists (AAO) Annual Session taking place in Miami, FL from May 21-24, 2022. If you are interested in becoming a StarAlignersPro preferred provider please visit: https://www.staralignerspro.com/become-a-partner/
Media Contact:
Reid Greenberg
reid@staraligners.com
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SOURCE StarAligners, LLC | https://www.mysuncoast.com/prnewswire/2022/04/12/staraligners-oral-health-amp-wellness-announces-appointment-john-barry-its-advisory-board/ | 2022-04-12T17:49:36Z |
Point taken: Pilot’s unique flight path appears to create a middle finger
Published: Aug. 31, 2022 at 7:57 PM CDT|Updated: 14 minutes ago
SEATTLE (KPTV/Gray News) - A flight-tracking company revealed what appears to be an interesting flight path taken earlier this week in Washington state.
FlightAware, a technology company that provides real-time flight tracking data, shared that a Piper Navajo aircraft flew for seven hours on Monday. The pilot’s flight path seemingly left a middle finger design from its tracked journey.
KPTV reports the Bellingham Herald was one of the first publications to pick up on the flight chart.
No immediate reason was given or shared for such a route that was taken, but the finger was reportedly pointing toward Whatcom County.
Copyright 2022 KPTV via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/09/01/point-taken-pilots-unique-flight-path-appears-create-middle-finger/ | 2022-09-01T01:13:53Z |
Maryland women add Vanderbilt’s Alexander as grad transfer
COLLEGE PARK, Md. (AP) — Brinae Alexander is joining the Maryland women’s basketball team as a graduate transfer. The 6-foot Alexander was Vanderbilt’s top scorer last season, averaging 15.2 points per game and shooting 36% from 3-point range. Maryland will have a significantly different roster next season after losing Ashley Owusu and Angel Reese to the transfer portal. The Terps have added Alexander in addition to two other recent transfers — Elisa Pinzan from South Florida and Abby Meyers from Princeton. Maryland previously landed Florida guard Lavender Briggs as a transfer as well. | https://localnews8.com/sports/ap-national-sports/2022/05/01/maryland-women-add-vanderbilts-alexander-as-grad-transfer/ | 2022-05-02T07:07:06Z |
Cameron Smith and his mullet in contention again at Masters
By PAUL NEWBERRY
AP Sports Writer
AUGUSTA, Ga. (AP) — With his mullet flapping in the Georgia breeze, Cameron Smith made sure Scottie Scheffler didn’t run away from everyone else at the Masters. Thanks to Smith, the leader will have to work for that green jacket. The 28-year-old Aussie turned in a third round that didn’t seem possible at Augusta National with the unseasonably cold temperatures and strong gusts. Smith shot a 4-under 68 — the only score in the 60s — to pull within three shots of Scheffler and join him in the final group Sunday. This is not an unusual position for Smith, who was runner-up in 2020. | https://localnews8.com/sports/ap-national-sports/2022/04/09/cameron-smith-and-his-mullet-in-contention-again-at-masters/ | 2022-04-10T01:41:47Z |
Brooklyn subway shooting suspect is in custody, set to appear in court Thursday
By Brynn Gingras, Mark Morales, Shimon Prokupecz, Laura Ly, Kristina Sgueglia, Pervaiz Shallwani and Artemis Moshtaghian, CNN
Frank James, the man arrested on suspicion of setting off smoke grenades and shooting 10 people at a Brooklyn subway station Tuesday morning, will make his initial court appearance Thursday, authorities said.
James was charged in federal court with violating a law that prohibits terrorist and other violent attacks against a mass transportation system, according to Breon Peace, US Attorney for the Eastern District of New York. If convicted, he could spend life in prison, Peace said.
“As alleged, the defendant committed a heinous and premeditated attack on ordinary New Yorkers during their morning subway commute,” Peace said in a statement. “All New Yorkers have the right to expect that they will be safe as they travel throughout our great city and use our vital transportation systems.”
The timing of James’ appearance in federal court will be confirmed Thursday morning, according to US Attorney’s Office spokesman John Marzulli.
James had been named a “person of interest” by the New York City Police Department after possessions of his, including a key to a U-Haul he rented, were found at the scene. He was declared a suspect in the shooting Wednesday, and the city issued an emergency alert to residents saying James was “wanted” and asking for tips.
The 62-year-old called police tips hotline Crime Stoppers Wednesday to tell authorities he was at a McDonald’s in the Lower East Side of Manhattan, two law enforcement sources told CNN.
The call dropped moments later and was followed by a 911 call from another person who said they had spotted James, one of the two sources told CNN.
Police responded to the McDonald’s and did not find James, sources told CNN, but shortly after, officers came across a bystander who flagged James to them, a senior law enforcement source said. He was arrested without incident.
“Like all New Yorkers, I am deeply grateful that the suspect in yesterday’s subway shooting has been apprehended and thankful for law enforcement and every first responder whose heroic efforts helped New York City respond to this horrific incident,” New York Gov. Kathy Hochul said Wednesday. “My heart is with all those who are injured, their loved ones, and the entire Sunset Park community.”
CNN has reached out to James’ federal defender for comment.
Shooting began en route to station
The shooting — which started on a subway train as it approached the 36th Street station in Brooklyn’s Sunset Park neighborhoods during Tuesday’s morning commute — left at least 29 people with injuries ranging from gunshot wounds to smoke inhalation. Five remained hospitalized as of Wednesday evening.
The gunman fired at least 33 times and struck 10 people, according to NYPD Chief of Detectives James Essig. Officials have said none of the injuries appeared to be life-threatening.
James initially got on the subway’s N train at the Kings Highway Station at about 8:30 a.m. Tuesday, Essig said.
Hourari Benkada, 27, who was shot in the back of the knee, said he’d gotten into the last car of the N train and sat next to a man with a duffel bag who appeared to be wearing an MTA public transit vest. The man let off a “smoke bomb,” he said, and passengers tried to flee as the man then began firing.
The shooting started about 20 seconds after the train left the 59th Street station and felt like it lasted for nearly two minutes, Benkada said.
After allegedly opening fire on the train, James got off at the 36th Street station, boarded an R train across the platform and rode to the 25th Street station stop, Essig said.
Less than an hour later, he was spotted boarding the subway at the 7th Avenue and 9th Street station, about 1.5 miles away, Essig added.
The photo gallery below contains graphic images. Viewer discretion is advised.
Evidence pointed investigators to James, officials say
Evidence found by investigators led them to suspect James of the shooting, police said Wednesday.
Authorities at the scene found a Glock 9 mm handgun, three extended magazines, two detonated smoke grenades, two non-detonated smoke grenades, a hatchet and keys to a U-Haul van, Essig said.
The gun found at the scene was purchased by James in Ohio in 2011, according to Essig. A credit card that was used to rent the U-Haul was also found, two law enforcement sources told CNN. Two officials told CNN they believe the gun jammed during the shooting.
The U-Haul van was rented by James, police said, and was recovered by police near the Kings Highway station after being cleared by the NYPD’s bomb squad.
Surveillance video showed James leaving the van Tuesday morning, according to a criminal complaint.
A neon construction jacket, which had been discarded on the subway platform, had a receipt for a storage unit in Philadelphia registered to James, the complaint states.
Federal prosecutors believe he visited the storage facility filled with ammunition and more weapons the evening before the Tuesday attack, according to court documents. A search of the storage facility revealed additional ammunition and “a threaded 9mm pistol barrel that allows for a silencer or suppresser to be attached.”
According to the complaint, law enforcement executed a search warrant at a Philadelphia apartment authorities believe James rented for 15 days beginning around March 28 and found “an empty magazine for a Glock handgun, a taser, a high-capacity rifle magazine and a blue smoke canister.”
Investigators did not find any other weapons or explosives in the van, two law enforcement officials said. The officials said it appeared James may have slept in the vehicle. They said a license plate reader detected the van driving over the Verrazzano Bridge from Staten Island into Brooklyn around 4 a.m. Tuesday.
Authorities also tracked the purchase of a gas mask to James through an eBay account, two officials said.
A motive has yet to be determined, officials said. James has also been linked to multiple rambling videos posted on a YouTube channel that included racist and misogynistic language, and he documented his travel from Wisconsin to the Northeast in a series of videos in recent weeks.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Sonia Moghe, Eric Levenson, Travis Caldwell, Rob Frehse, Paul P. Murphy, Chris Hippensteel, Clare Duffy, Richard Davis, Sharif Paget, Caroll Alvarado, Nicole Chavez, Alaa Elassar, Amir Vera, Jason Hanna, Peter Nickeas, Yon Pomrenze, Elizabeth Wolfe and Chris Boyette contributed to this report. | https://localnews8.com/news/national-world/cnn-national/2022/04/13/brooklyn-subway-shooting-suspect-is-in-custody-set-to-appear-in-court-thursday/ | 2022-04-14T07:11:33Z |
TORONTO, Aug. 30, 2022 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.39 per share on paid-up common shares of Bank of Montreal for the fourth quarter of fiscal year 2022 ("Q4 2022 Dividend"), unchanged from the prior quarter.
The Board of Directors also declared dividends of:
- $0.24075 per share on paid-up Class B Preferred Shares Series 27;
- $0.2265 per share on paid-up Class B Preferred Shares Series 29;
- $0.240688 per share on paid-up Class B Preferred Shares Series 31;
- $0.190875 per share on paid-up Class B Preferred Shares Series 33;
- $0.303125 per share on paid-up Class B Preferred Shares Series 44;
- $0.31875 per share on paid-up Class B Preferred Shares Series 46; and
- $24.644 per share on paid-up Class B Preferred Shares Series 50(1).
The dividend on the common shares is payable on November 28, 2022, to shareholders of record on November 1, 2022. The dividends on the preferred shares, except for Class B Preferred Shares Series 50, are payable on November 25, 2022, to shareholders of record on November 1, 2022. The dividend on the Class B Preferred Shares Series 50 is payable on November 28, 2022, to shareholders of record on November 1, 2022.
The above-mentioned dividends on the common and preferred shares are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
Common shareholders may elect to have their cash dividends reinvested in common shares of the Bank in accordance with the Bank's Shareholder Dividend Reinvestment and Share Purchase Plan (the "Plan").
As previously announced, and until further notice, such additional common shares will be issued from treasury with a two percent discount from the Average Market Price (as defined in the Plan). The discount will not apply to common shares purchased under the "Optional Cash Payment" feature of the Plan.
For existing members of the Plan, the discount will automatically be applied to the reinvestment of the Q4 2022 Dividend. For registered shareholders who wish to participate in the Plan and thereby receive the two percent discount in respect of the Q4 2022 Dividend, Enrolment Forms must be received by the Bank's transfer agent, Computershare Trust Company of Canada, by the close of business on November 3, 2022. Beneficial or non-registered holders must contact their financial institution or broker well in advance of the above date for instructions on how to participate.
More information about the Plan and how to enroll can be found at:
(1) The Class B Preferred Shares Series 50 is not listed on any stock exchanges.
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SOURCE BMO Financial Group | https://www.wibw.com/prnewswire/2022/08/30/bmo-financial-group-declares-dividends/ | 2022-08-30T11:17:38Z |
SAN FRANCISCO, Aug. 4, 2022 /PRNewswire/ -- Nektar Therapeutics (Nasdaq: NKTR) today reported financial results for the second quarter ended June 30, 2022.
Cash and investments in marketable securities at June 30, 2022, were approximately $628.2 million as compared to $798.8 million at December 31, 2021, which is expected to support operations into 2025.
"Over the last several months, we developed and began implementing a new strategic plan that prioritizes specific investment into the most promising biologic therapeutic candidates in the pipeline, NKTR-358, NKTR-255, and key research programs," said Howard W. Robin, President and CEO of Nektar. "With our partner, Eli Lilly, NKTR-358 is advancing, and we will be presenting in September data from a Phase 1b study in atopic dermatitis patients and in the first half of 2023 data from a Phase 2 study in lupus patients. Our plan provides Nektar with the opportunity to create significant value for our shareholders and to focus our internal development efforts on the potential of NKTR-255, our wholly owned IL-15 program, in combination with cell therapies and other mechanisms in both liquid and solid tumor settings. Importantly, we also have the required capital to fund our pipeline to reach potential value-inflection points for each program."
Summary of Financial Results
Revenue, which primarily includes non-cash royalty revenue, in the second quarter of 2022 was $21.6 million as compared to $28.3 million in the second quarter of 2021. Revenue for the first half of 2022 was $46.4 million as compared to $52.0 million in the first half of 2021. Total operating costs and expenses in the second quarter of 2022 were $174.4 million as compared to $138.5 million in the second quarter of 2021. Total operating costs and expenses in the first half of 2022 were $315.8 million as compared to $271.6 million in the first half of 2021. Operating costs and expenses for both the second quarter and first half of 2022 include $57.3 million in non-cash impairment charges and $27.8 million in severance expense relating to the wind down of the bempegaldesleukin program.
R&D expense in the second quarter of 2022 was $42.7 million as compared to $101.3 million for the second quarter of 2021. For the first half of 2022, R&D expense was $150.0 million as compared to $196.9 million in the first half of 2021. R&D expense decreased for both the second quarter and first half of 2022 due to the wind down of the bempegaldesleukin program.
G&A expense was $20.5 million in the second quarter of 2022 and $29.6 million in the second quarter of 2021. For the first half of 2022, G&A expense was $47.9 million as compared to $61.2 million in the first half of 2021. G&A expense decreased for both the second quarter and first half of 2022 due to the wind down of the bempegaldesleukin program.
We recorded $106.0 million in restructuring, impairment and other costs of terminated program in the second quarter of 2022, related to the wind down of the bempegaldesleukin program. This includes the $57.3 million in non-cash lease and equipment impairment charges, $27.8 million in severance expense and $21.0 million primarily for clinical trial and related employee compensation costs for the bempegaldesleukin program.
Net loss for the second quarter of 2022 was $159.1 million or $0.85 basic and diluted loss per share as compared to a net loss of $125.5 million or $0.69 basic and diluted loss per share in the second quarter of 2021. Net loss in the first half of 2022 was $249.5 million or $1.34 basic and diluted loss per share as compared to a net loss of $248.5 million or $1.37 basic and diluted loss per share in the first half of 2021.
Second Quarter 2022 and Recent Business Highlights:
- In May 2022, the interim assessment committee (IAC) reviewed interim efficacy and safety data from the ongoing Phase 2 double blinded, placebo-controlled study of NKTR-358 in 280 patients with systemic lupus erythematosus and recommended that the Phase 2 study continue to completion without modification. The study, which is being conducted by Eli Lilly in partnership with Nektar, will continue as planned and no further unblinding of study data will occur. The IAC review included unblinded interim data from approximately 60% of patients who completed the 24-week treatment period.
- In July 2022, Nektar announced the promotion of Jillian B. Thomsen to Senior Vice President (SVP) & Chief Financial Officer. Ms. Thomsen has served as SVP, Finance & Chief Accounting Officer of Nektar since 2008, and is a key member of our Executive Committee.
Conference Call to Discuss Second Quarter 2022 Financial Results
Nektar management will host a conference call to review the results beginning at 5:00 p.m. Eastern Time/2:00 p.m. Pacific Time, Thursday, August 4, 2022.
This press release and a live audio-only Webcast of the conference call can be accessed through a link that is posted on the home page and Investors section of the Nektar website: https://ir.nektar.com/. The web broadcast of the conference call will be available for replay through September 4, 2022.
To access the conference call, follow these instructions:
Dial: (833) 634-2591 (U.S); (412) 317-6040 (international)
In the event that any non-GAAP financial measure is discussed on the conference call that is not described in this press release, or explained on the conference call, related information will be made available on the Investors section of the Nektar website as soon as practical after the conclusion of the conference call.
About Nektar Therapeutics
Nektar Therapeutics is a biopharmaceutical company with a robust, wholly owned R&D pipeline of investigational medicines in oncology, immunology, and inflammatory diseases as well as a portfolio of approved partnered medicines. Nektar is headquartered in San Francisco, California, with additional operations in Huntsville, Alabama. Further information about the company and its drug development programs and capabilities may be found online at http://www.nektar.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements which can be identified by words such as: "will," "may," "extend," "potential," "create," "provide"" and similar references to future periods. Examples of forward-looking statements include, among others, statements we make regarding the therapeutic potential of, and future development plans for NKTR-358, NKTR-255 and our other drug candidates in research programs, the prospects and plans for our collaborations with other companies, the timing of the initiation of clinical studies and the data readouts for our drug candidates, and our expectations (including our expected charges and cost savings) following our corporate restructuring, reorganization and workforce reduction, and our expected working capital our cash runway. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include, among others: (i) our statements regarding the therapeutic potential of NKTR-358, NKTR-255 and our other drug candidates are based on preclinical and clinical findings and observations and are subject to change as research and development continue; (ii) NKTR-358, NKTR-255 and our other drug candidates are investigational agents and continued research and development for these drug candidates is subject to substantial risks, including negative safety and efficacy findings in ongoing clinical studies (notwithstanding positive findings in earlier preclinical and clinical studies); (iii) NKTR-358, NKTR-255 and our other drug candidates are in various stages of clinical development and the risk of failure is high and can unexpectedly occur at any stage prior to regulatory approval; (iv) the timing of the commencement or end of clinical trials and the availability of clinical data may be delayed or unsuccessful due to challenges caused by the COVID-19 pandemic, regulatory delays, slower than anticipated patient enrollment, manufacturing challenges, changing standards of care, evolving regulatory requirements, clinical trial design, clinical outcomes, competitive factors, or delay or failure in ultimately obtaining regulatory approval in one or more important markets; (v) we may not achieve the expected costs savings we expect from the restructuring and reorganization, (vi) patents may not issue from our patent applications for our drug candidates, patents that have issued may not be enforceable, or additional intellectual property licenses from third parties may be required; and (vii) certain other important risks and uncertainties set forth in our Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 6, 2022. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Contact:
Vivian Wu of Nektar Therapeutics
628-895-0661
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SOURCE Nektar Therapeutics | https://www.mysuncoast.com/prnewswire/2022/08/04/nektar-therapeutics-reports-second-quarter-2022-financial-results/ | 2022-08-04T21:12:49Z |
PITTSBURGH, May 16, 2022 /PRNewswire/ -- "I thought there should be a device to intercept tire shine solution to avoid rim contact," said an inventor, from Sutton West, Ontario, Canada, "so I invented the FLY WHEELS RIM COVER. My design would save time and it could improve tire polishing capabilities."
The invention provides an effective way to cover a vehicle's rims when polishing the tires with a dressing solution. In doing so, it prevents accidental overspray from contacting the rims. As a result, it reduces streaking and residue and it saves time and effort. The invention features a simple design that is easy to use so it is ideal for vehicle owners. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Toronto sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-TRO-534, 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/2022/05/16/inventhelp-inventor-develops-protective-cover-vehicle-rims-tro-534/ | 2022-05-16T16:37:21Z |
Despite 33% surge in risk of general anxiety and 12% rise in stress February – May 2022; June saw general anxiety risk tumble 39% and stress fall 15%
SAN FRANCISCO and WASHINGTON, July 22, 2022 /PRNewswire/ -- For many, sun, sand, and sea breezes are the antidote to stress and anxiety. Recent findings from the Q2 2022 Mental Health Index: U.S. Worker Edition support the notion that summertime fun is good for your mental health. From February – May 2022, stress levels went up 12%, risk of general anxiety rose 33%, and risk of PTSD jumped 57% amid growing inflation, a declining stock market, a seemingly unending war in Ukraine and the emergence of the stealth BA.2 omicron variant. Yet, despite ongoing health, economic and social chaos, June data shows a markedly different story. In June, stress levels dropped 15%; risk of general anxiety plummeted 39%; and risk of PTSD plunged 31%. Further, February – May 2022 saw a 42% swell in risk of social anxiety with a subsequent 22% drop in June.
"Total Brain has been monitoring U.S. workers' mental health for more than three years," noted Matthew Mund, CEO, Total Brain. "There is an interesting pattern of mental health improvements each June likely induced by a vacation state of mind. Subsequently, we see a decline in mental health assessment scores in September – the dreaded "back-to-school" season. So, while we are cautiously optimistic based on the data in June; history tells us that people need to be prepared for emotional and cognitive declines come fall. Their ability to assess and monitor their mental health is more important than ever."
The Mental Health Index: U.S. Worker Edition, powered by Total Brain, a mental health monitoring and support platform, is distributed in partnership with the National Alliance of Healthcare Purchaser Coalitions, One Mind at Work, and the HR Policy Association and its American Health Policy Institute.
Margaret Faso, director, Health Care Research and Policy of HR Policy Association said, "Despite improvements in the index results employers recognize improving mental health is not a linear process. Maintaining flexible work policies that help reduce both stress and anxiety and improve employee satisfaction will remain key priorities for HR executives."
"The data reinforces how critical the benefits of collective periods of recovery are to the emotional wellbeing of our workforce," said Michael Thompson, National Alliance president and CEO. "This downtime pays huge dividends in improved effectiveness and engagement of the people who we rely on to drive results in our organizations."
Christina McCarthy, executive director of One Mind at Work said, "We are seeing employers move to a longer-term response to COVID, and at an employee level the summer offers more opportunities to take breaks or maybe even go on vacation. However, we anticipate that the impacts of COVID in terms of stress and anxiety will remain for many and urge employers to continue to take this moment in time to review and adjust their mental health strategies to provide even better support for mental health."
The full Q2 2022 Mental Health Index results can be found here. For additional insights, there will be a complimentary 30-minute webinar on Friday, July 22 at noon Eastern. Register here.
Methodology: The Mental Health Index: U.S. Worker Edition contains data drawn from a weekly randomized sample of 500 working Americans taken from a larger universe of Total Brain users. The Index is NOT a survey or a poll. Data is culled from neuroscientific brain assessments using standardized digital tasks and questions from the Total Brain platform. Participants include workers from all walks of life and regions, job levels, occupations, industries, and types of organizations (public vs. private). The brain assessments used to compile the Mental Health Index were taken weekly from the first week of February 2020 until the week starting June 20, 2022, inclusive. The two weeks from March 21 to April 3 (inclusive) were compared to the last two weeks of June 13-16 (inclusive).
About Total Brain Limited (ASX: TTB): Total Brain Limited is an applied, integrative neuroscience company, based in San Francisco and Sydney, that has developed and offers Total Brain, a mental health monitoring and support platform powered by the world's largest standardized brain database. Its SaaS platform has helped more than one million registered users to-date scientifically measure and optimize their brain capacities while managing the risk of common mental conditions. Benefits for providers include improved patient outcomes, tracking of evidence-based outcomes across the continuum of care, and a reduction in clinician fatigue. Benefits for populations and payers include better mental healthcare access, lower costs, and higher productivity. For more information, please visit www.totalbrain.com and follow on Twitter, LinkedIn, and Facebook.
About the National Alliance: The National Alliance of Healthcare Purchaser Coalitions (National Alliance) is the only nonprofit, purchaser-led organization with a national and regional structure dedicated to driving health and healthcare value across the country. Its members represent private and public sector, nonprofit, and Taft-Hartley organizations, and more than 45 million Americans spending over $300 billion annually on healthcare. nationalalliancehealth.org
About One Mind at Work: Launched in 2017, One Mind at Work is a global coalition of leaders from diverse sectors who have joined together with the goal of transforming approaches to mental health and addiction. One Mind at Work now includes more than 90 global employers and 18 research and content partners. The coalition covers more than 8 million people under its charter. onemindatwork.org
About HR Policy Association: HR Policy Association is the lead organization representing Chief Human Resource Officers at major employers. The Association consists of over 390 of the largest corporations doing business in the United States and globally, and these employers are represented in the organization by their most senior human resource executive. Collectively, their companies employ more than 10 million employees in the United States, over nine percent of the private sector workforce, and 20 million employees worldwide. These senior corporate officers participate in the Association because of their commitment to improving the direction of human resource policy. hrpolicy.org.
About American Health Policy Institute: American Health Policy Institute is a non-partisan non-profit think tank, started by the HR Policy Foundation, which examines the practical implications of health policy changes through the lens of large employers. The Institute examines the challenges employers face in providing health care to their employees and recommends policy solutions to promote the provision of affordable, high-quality, employer-based health care. The Institute serves to provide thought leadership grounded in the practical experience of America's largest employers. Their mission is to develop impactful strategies to ensure that those purchasing health care can not only bend the cost curve, but break it, by keeping health care cost inflation in line with general inflation. americanhealthpolicy.org.
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SOURCE Total Brain | https://www.kxii.com/prnewswire/2022/07/22/according-mental-health-index-americans-usher-summer-with-improved-state-mind-data-reinforces-seasonal-pattern/ | 2022-07-22T13:11:37Z |
A mother is facing charges related to her son's death more than two decades after his remains were initially found, the DeKalb County District Attorney, said in a news release Wednesday.
Teresa Black, 45, is facing two counts of felony murder, two counts of cruelty to children, aggravated assault and concealing the death of another, according to an indictment filed in Georgia's DeKalb County Superior Court. She was apprehended in Arizona in late June and will be extradited to Georgia authorities said.
District Attorney Sherry Boston says 6-year-old William DaShawn Hamilton's remains were found "near a church cemetery in Decatur more than 23 years ago," along with his clothing, "a blue and white plaid shirt, red denim jeans, and brown Timberland boots."
"For far too long, this precious little boy had no name and no story," Boston said. "Through the tireless efforts of several individuals and organizations who were determined not to let this boy be forgotten, William has been identified, and justice will be served in his memory."
Authorities said they first found Hamilton's body in February 1999. At the time, Hamilton's body was "severely decomposed" and estimated to have been dead for about three to six months before authorities found him.
DNA was taken from Black earlier this year and it eventually determined that she was Hamilton's mother. d
In 1998, authorities said Black pulled Hamilton out of school and moved from Charlotte, North Carolina, to Atlanta. When she returned to North Carolina in 1999, Hamilton wasn't with her and she told "differing stories" about where he was.
"For more than two decades, a woman in Charlotte who knew William and his mother followed her gut feeling that something wasn't right and kept looking for him," Angeline Hartmann,director of communications at the National Center for Missing & Exploited Children said. "We're grateful she never stopped until she found a rendering of William online and gave investigators the missing piece to help solve this 23-year-old mystery."
Black's arraignment is scheduled for August 23, 2022, according to a court docket. It's unclear if she has an attorney at this time.
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accounts, the history behind an article. | https://www.albanyherald.com/news/mom-charged-with-her-sons-death-23-years-after-his-remains-were-found-in-a/article_bb49e5f9-50ad-5ef7-a50a-ba7df75df133.html | 2022-07-14T20:09:52Z |
KYIV, Ukraine (AP) — A ship docked in a Ukrainian Black Sea port on Friday to begin loading up with wheat for hungry people in Ethiopia. It will be the first food delivery to Africa under a U.N. plan to unblock grain trapped by Russia’s war on Ukraine and bring relief to some of the millions worldwide who are on the brink of starvation.
For months, fighting in Ukraine and a Russian blockade of Ukraine’s ports meant that grain produced in Ukraine, one of the world’s key breadbaskets, piled up in silos. That sent global food prices sky-high and led to hunger in Africa, the Middle East and parts of Asia. In recent days, several ships carrying grain have left Ukrainian ports under the new deal — but most of those shipments were animal feed and went to Turkey or Western Europe under previous contracts.
U.N. spokesman Stephane Dujarric said the ship named Brave Commander will carry its wheat to the Horn of Africa nation of Djibouti, where it will be unloaded and sent on to Ethiopia.
“The wheat will go to the World Food Program’s operations in Ethiopia, supporting the Horn of Africa drought response as the threat of famine stalks the drought-hit region,” he said. “It is one of many areas around the world where the near-complete halt of Ukrainian grain and food on the global market has made life even harder for the families already struggling with rising hunger.”
The ship was expected to take on more than 23,000 metric tons, according to Ukraine’s Infrastructure Ministry — still only a tiny portion of the 20 million tons of grain languishing now in Ukraine. It docked in the port city of Yuzhne late Friday, the ministry said.
Ethiopia, along with neighboring Somalia and Kenya, is facing the worst drought in four decades in the Horn of Africa. Thousands of people across the region have died from hunger or illness this year. Forecasts for the coming weeks indicate that for the first time, a fifth straight rainy season will fail to materialize. Millions of livestock, the basis of many families’ wealth and food security, have died.
“Millions of households will struggle to cope with these shocks” in Ethiopia, according to a new assessment by the Famine Early Warning Systems Network. “Food assistance needs are at record levels, with up to 15 million people in need of food assistance.”
While one shipment won’t solve the crisis, the World Food Program still heralded it as an “important step” in getting Ukrainian grain out of the country to the worst-affected countries. Ethiopian officials did not respond to requests for comment.
Yet on Ukraine’s front lines, the fighting was incessant, especially in the eastern region of the Donbas, where much of the fighting has been centered as the war approaches the six-month mark. The town of Kramatorsk was hit by 11 rockets overnight. Seven people were killed and 14 others were wounded in and around the town, which remains cut off from gas, running water and electricity.
“Three quarters of the population of the region have already been evacuated, because incessant shelling by the Russian army doesn’t leave civilians any choice — it’s either to die from wounds, or from hunger and cold in winter,” Donetsk regional governor Pavlo Kyrylenko told Ukrainian television.
The threat of a nuclear accident also loomed in southern Ukraine, where shelling has hit near Europe’s largest nuclear plant.
Shelling near the Russian-controlled Zaporizhzhia nuclear power plant continued overnight. Russian forces fired more than 40 rockets at the city of Marhanets, which is across the Dnieper River from the power plant. Three people were wounded in the most recent shelling, including a 12-year-old boy. The neighboring city of Nikopol was shelled as well, said Valentyn Reznichenko, the governor of the Dnipropetrovsk region.
The U.N. nuclear chief warned late Thursday that “very alarming” military activity at the nuclear plant could lead to dangerous consequences.
International Atomic Energy Agency Director-General Rafael Grossi urged Russia and Ukraine, who blame each other for the attacks at the nuclear plant, to immediately allow nuclear experts to assess damage and evaluate safety and security at the sprawling nuclear complex. He said the situation at the plant “has been deteriorating very rapidly.”
He pointed to shelling and several explosions at Zaporizhzhia last Friday that forced the shutdown of its electrical power transformer and two backup transformers, forcing the shutdown of one nuclear reactor.
Ukrainian Interior Minister Denys Monastyrsky said authorities were drafting plans to evacuate residents from towns and villages near the plant.
“There is a high-level threat, so there are plans for any possible development, including release of radiation,” Monastyrsky said Friday. “We all have seen the Russian shelling of the plant. It’s horrible.”
He said Russian forces have stationed weapons at the plant and have denied Ukrainian nuclear workers access to some areas in the complex.
“It’s hard to even imagine the scale of tragedy if the Russians continue their action there,” he said. “We have become convinced that there is no restraining factors. There is a deliberate stand declared by the Russian authorities that they are ready for any action, regardless of consequences.”
—-
Associated Press writer Edith M. Lederer at the United Nations contributed.
___
Follow AP’s coverage of the war in Ukraine at https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/grain-ship-to-dock-in-ukraine-leave-for-africa/ | 2022-08-12T18:35:38Z |
RADNOR, Pa., July 26, 2022 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Discover Financial Services (NYSE: DFS) ("Discover Financial").
On July 20, 2022, Discover Financial issued a press release announcing its financial results for the second quarter of 2022 which revealed that the company is suspending its existing share repurchase program because of an internal investigation relating to its student loan servicing practices and related compliance matters. On this news, Discover Financial's stock price fell sharply during intraday trading on July 21, 2022.
If you are a Discover Financial investor and would like to learn more about our investigation, please CLICK HERE to fill out our online form or contact Kessler Topaz Meltzer & Check, LLP: James Maro, Esq. (484) 270-1453 or E-mail at info@ktmc.com. You can also click on the following link or paste it in your browser: https://www.ktmc.com/discover-financial-services-investigation?utm_source=PR&utm_medium=link&utm_campaign=discover&mktm=r
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country involving securities fraud, breaches of fiduciary duties and other violations of state and federal law. Kessler Topaz Meltzer & Check, LLP is a driving force behind corporate governance reform, and has recovered billions of dollars on behalf of institutional and individual investors from the United States and around the world. The firm represents investors, consumers and whistleblowers (private citizens who report fraudulent practices against the government and share in the recovery of government dollars). For more information about Kessler Topaz Meltzer & Check, LLP, please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
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SOURCE Kessler Topaz Meltzer & Check, LLP | https://www.mysuncoast.com/prnewswire/2022/07/27/kessler-topaz-meltzer-amp-check-llp-is-investigating-securities-fraud-claims-behalf-discover-financial-services-nyse-dfs-investors/ | 2022-07-27T04:34:25Z |
NEW YORK (AP) — A picture story co-authored by Olympic gold medalist Tommie Smith and a novel by Nobel laureate Olga Tokarczuk were among the nominees Wednesday on long lists for the National Book Awards.
The National Book Foundation, which presents the awards, released lists of 10 in the categories of young people’s literature and literature in translation. Later in the week, the foundation will announce long lists for poetry, nonfiction and fiction.
Tokarczuk’s “The Books of Jacob,” translated from the Polish by Jenny Croft, was cited for literature in translation, which also included a previous National Book Award winner, Yoko Tawada, whose “Scattered All Over the Earth” was translated from the Japanese by Margaret Mitsutani. Nominees also included Mohammed Hasan Alwan’s “Ibn Arabi’s Small Death,” translated from the Arabic by William M. Hutchins; Shahriar Mandanipour’s ”Seasons of Purgatory,” translated from the Persian by Sara Khalili; Mónica Ojeda’s “Jawbone,” translated from the Spanish by Sarah Booker, and Olga Ravn’s “The Employees,” translated from the Danish by Martin Aitken.
In young people’s literature, “Victory. Stand!: Raising My Fist for Justice,” a collaboration among Smith, Derrick Barnes and Dawud Anyabwile, was among the nominees. The book recalls Smith’s gold medal in the men’s 200 meter race at the 1968 Summer Olympics in Mexico City and his raising his fist in what he called a “human rights” salute during the medals ceremony. He and teammate John Carlos, who also raised his fist, were banished from the games, although allowed to keep their medals.
Sabaa Tahir, best known for her “An Ember in the Ashes” fantasy series, was on the long list for “All My Rage,” along with “Swim Team,” by bestselling graphic novelist Johnnie Christmas; Traci Chee’s “A Thousand Steps into Night”: Anna-Marie McLemore’s ”Self-Made Boys: A Great Gatsby Remix”; Sonora Reyes’ “The Lesbiana’s Guide to Catholic School” and Kelly Barnhill’s “The Ogress and the Orphans.”
The long lists in five competitive categories will be narrowed to five finalists on Oct. 4, with winners announced Nov. 16. | https://cw33.com/entertainment-news/ap-entertainment/ap-olympics-medalist-tommie-smith-is-up-for-national-book-award/ | 2022-09-14T23:28:26Z |
Schools In Select Cities Across the Southeast, Midwest, Northern California, Arizona, Louisiana and Arkansas Can Now Operate a Literati Book Fair
AUSTIN, Texas, Sept. 8, 2022 /PRNewswire/ -- Literati Book Fairs has expanded operations to serve schools in select states across the Southeast and Midwest United States as well as Northern California, Arizona, Louisiana and Arkansas. PK-8 elementary schools in these regions can now book a Literati Book Fair for the 2022-2023 school year and beyond.
Literati, a curator and distributor of children's books, launched book fairs across the United States in March 2022. Literati Book Fairs offer librarians, students and parents a truly unique and magical book fair experience that can be easily set up in just an hour or less. Schools have multiple profit options when booking a Literati Book Fair, ranging from cash up to 50% in books and Titlewave® gift certificates (Follett School Solutions' online marketplace).
"The expansion into these new regions allows us to bring the magic of a Literati Book Fair to even more students and families," said Barb Wing. "Spring 2022 was an amazing first book fair season for us, and we are pleased that we received such a positive response. We look forward to continuing that momentum this school year and beyond."
Literati operates school book fairs in select cities across the Midwest IL, IN, KY, MI, OH, WI, IA, KS, MO, OK), Southeast (GA, FL, TN, AL, NC, SC), South (TX, AR, LA, AZ), Southern California, San Jose and greater Northern California region. Literati Book Fairs feature a new, modern and whimsical theme each semester to create an exciting reading environment for kids. The Literati Book Fair themes for fall '22 and spring '23 book fairs are "Passport to Adventure '' and "Under The Sea ''. Literati also offers customers a suite of thematic, premium marketing materials for librarians and parents to utilize throughout the promotion of the fair.
Schools may also earn money beyond its book fair when a child becomes a member of a Literati kids book club, a personalized and expertly curated book box delivered monthly. When a customer signs up for a Literati kid's book club, they can specify their school which will earn ten percent of all book club costs for as long as the membership exists. To subscribe, visit https://literati.com/kids/schoolbox/ and select any school from the dropdown menu to support its ongoing literacy efforts.
To book a Literati Book Fair or learn more about operational regions, school incentives, and more, please visit literati.com/bookfairs, call 833.699.1890 or email bookfairs@literati.com.
About Literati:
Literati is a modern book curator and distributor focused on matching every child with the right book. Through our kids book clubs and school book fairs, we believe that we can elevate literacy outcomes at home and in the classroom. We fuse expert curation and technology to deliver personalization to every reader. Founded in 2017, we have put over 5 million books in the hands of kids and donated more than half a million books to underserved communities. In 2021, Literati was named Inc. magazine's #7 fastest growing company in Texas and #77 in the United States. To learn more please visit www.Literati.com.
Media Contact:
Kirby Allison
press@literati.com
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SOURCE Literati | https://www.kxii.com/prnewswire/2022/09/08/literati-book-fairs-expands-into-new-territories-2022-2023-school-year/ | 2022-09-08T15:19:08Z |
HOUSTON (AP) — The National Rifle Association began its annual convention in Houston on Friday, three days after a gunman killed 19 students and two teachers at an elementary school on the other side of the state, renewing the national debate over gun violence.
Former President Donald Trump and other Republican leaders were scheduled to speak at the event. Leaders of the gun rights lobbying group planned to “reflect on” — and deflect any blame for — the school shooting in Uvalde. Protesters angry about gun violence planned to demonstrate outside.
Some scheduled speakers and performers backed out of the event before it began, including several Texas lawmakers and “American Pie” singer Don McLean, who said “it would be disrespectful” to go ahead with his act after the country’s latest mass shooting. Texas Lt. Gov. Dan Patrick said Friday morning that he had decided not to speak at an event breakfast after “prayerful consideration and discussion with NRA officials.”
“While a strong supporter of the Second Amendment and an NRA member, I would not want my appearance today to bring any additional pain or grief to the families and all those suffering in Uvalde,” he said in a statement. “This is a time to focus on the families, first and foremost.”
The NRA said in an online statement that people attending the gun show would “reflect on” the Uvalde school shooting, “pray for the victims, recognize our patriotic members and pledge to redouble our commitment to making our schools secure.”
The meeting is the first for the troubled organization since 2019, following a two-year hiatus because of the pandemic. The organization has been trying to regroup following a period of serious legal and financial turmoil that included a failed bankruptcy effort, a class action lawsuit and a fraud investigation by New York’s attorney general. Once among the most powerful political organizations in the country, the NRA has seen its influence wane following a significant drop in political spending.
While President Joe Biden and Democrats in Congress have renewed calls for stricter gun laws in the wake of the Uvalde shooting, NRA board member Phil Journey and others attending the conference dismissed talk of banning or limiting access to firearms.
Gary Francis, who traveled with his wife and friends from Racine, Wisconsin, said he opposed new regulations in response to the Uvalde shooting.
“What happened there is obviously tragic,” he said. “But the NRA had nothing to do with it. The people who come here had nothing to do with it.”
Larry Miller, 56, from Huntington Beach, California, said he had no problem with the NRA meeting taking place after the Uvalde shooting. He called the shooting “very sad and unfortunate” and said the gunman didn’t “have any respect for the people’s freedoms that we have here in this country.”
“We all share these rights, so to be respectful of other people’s rights is to respect other people’s lives, and I think with that kind of mentality, we should be here,” he said.
People planning to attend picked up registration badges and shopped for NRA souvenirs, such as T-shirts that say “Suns Out Guns Out.” Police already had set up metal barriers at a large park where protesters and counterprotesters were expected to gather in front of the downtown convention center.
“I know emotions are high. It’s not going to change anything. We can be respectful,” Houston Police Chief Troy Finner said at a news conference Thursday night.
Texas has experienced a series of mass shootings in recent years. During that time, the Republican-led Legislature and governor have relaxed gun laws.
There is precedent for the NRA to gather amid local mourning and controversy. The organization went ahead with a shortened version of its 1999 meeting in Denver roughly a week after the deadly shooting at Columbine High School in Colorado. Actor Charlton Heston, the NRA president at that time, told attendees that “horrible acts” shouldn’t become opportunities to limit constitutional rights and he denounced critics for casting NRA members as “villains.”
Rocky Marshall, a former NRA board member, said that although the tragedy in Uvalde “does put the meeting in a bad light,” that was not a reason to cancel it. Marshall said gun rights advocates and opponents can perhaps reduce gun violence if they focus on factors such as mental illness or school security.
“Throwing rocks at the NRA, that doesn’t solve the next mass shooting,” he said. “Throwing rocks at the people that hate guns, that doesn’t solve the next mass shooting.”
But country music singer Larry Gatlin, who pulled out of planned appearance, said he hoped “the NRA will rethink some of its outdated and ill-thought-out positions.”
“While I agree with most of the positions held by the NRA, I have come to believe that, while background checks would not stop every madman with a gun, it is at the very least a step in the right direction,” Gatlin said.
Country singers Lee Greenwood and Larry Stewart also withdrew, Variety reported.
White House press secretary Karine Jean-Pierre said Thursday that the NRA’s leaders “are contributing to the problem of gun violence and not trying to solve it.” She accused them of representing the interests of gun manufacturers, “who are marketing weapons of war to young adults.”
In addition to Patrick, two Texas congressmen who had been scheduled speak Friday — U.S. Sen. John Cornyn and U.S. Rep. Dan Crenshaw — were no longer attending due to what their staffs said were changes in their schedules. Texas Gov. Greg Abbott, who was to attend, was to address the convention by prerecorded video instead.
But others were going forward with their appearances, including Republican Texas Sen. Ted Cruz, Republican South Dakota Gov. Kristi Noem, and Trump, who said Wednesday that he would deliver “an important address to America.
“America needs real solutions and real leadership in this moment, not politicians and partisanship,” he wrote on his social media platform.
In an interview Thursday on Salem radio network, Trump reiterated his support for gun rights.
“It’s you, know, interesting time to be making such a speech, frankly,” he said. “You have to protect your Second Amendment. You have to give that Second Amendment great protection because, without it, we would be a very dangerous country, frankly. More dangerous.”
Though personal firearms are allowed at the convention, the NRA said guns would not be permitted during the session featuring Trump because of Secret Service security protocols.
Democrat Beto O’Rourke, who is challenging Abbott in the 2022 Texas governor’s race, said he would be attending the protest outside.
Houston Mayor Sylvester Turner, a Democrat, said the city was obligated to host the NRA event, which has been under contract for more than two years. But he urged politicians to skip it.
“You can’t pray and send condolences on one day and then be going and championing guns on the next. That’s wrong,” Turner said.
___
David A. Lieb reported from Jefferson City, Missouri. Jill Colvin reported from New York.
___
More on the school shooting in Uvalde, Texas: https://apnews.com/hub/school-shootings. | https://cw33.com/news/politics/ap-politics/nra-opens-gun-convention-in-texas-after-school-massacre/ | 2022-05-27T16:35:07Z |
WASHINGTON, June 1, 2022 /PRNewswire/ -- NASA Administrator Bill Nelson is helping kick off a new initiative to deliver food and hands-on science, technology, engineering, and math kits, called Learning Lunchboxes, in Orlando at 10:30 a.m. EDT on Friday, June 3.
The lunchboxes are aimed at inspiring and educating youth and families about NASA's upcoming Artemis missions, which includes landing the first woman and person of color on the Moon and helping prepare for human exploration of Mars.
Dr. Frederic Bertley, president and CEO of the Center of Science and Industry (COSI), Derrick Chubbs, president and CEO of the Second Harvest Food Bank, JoAnn Newman, president and CEO of the Orlando Science Center, and Pastor Howard C. Harrison Jr. also are helping kick-off the initiative.
The event will take place at New Beginnings Church – The Gathering Place at 8287 Curry Ford Road in Orlando and is open to media. Nelson and COSI leadership will be available to answer questions.
To participate, media must RSVP no later than two hours before the start of the event to Justin Weiss at: justin.d.weiss@nasa.gov.
The NASA Artemis Learning Lunchbox is made possible through NASA's Teams Engaging Affiliated Museums and Informal Institutions (TEAM II) program. NASA Learning Lunchboxes provide five space-focused learning activities that showcase the diversity of STEM at NASA. COSI will distribute 30,000 NASA Learning Lunchboxes at local food banks across the country to help feed hungry lives and feed hungry minds. This innovative, community-based model will bring together other science centers and museums, afterschool providers, and community leaders to highlight the importance of STEM. This project also includes digital extension resources.
NASA, COSI, and the U.S. Department of State recently showcased the NASA Learning Lunchboxes at the World Fair in Dubai to as an example of American innovation and efforts to educate the next generation.
For more information about NASA's STEM Engagement, visit:
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SOURCE NASA | https://www.mysuncoast.com/prnewswire/2022/06/01/nasa-administrator-launch-artemis-learning-lunchbox-initiative/ | 2022-06-01T21:39:29Z |
Masters notebook: For Champ, 10th place means a 2023 invite
By TIM REYNOLDS
AP Sports Writer
AUGUSTA, Ga. (AP) — Scottie Scheffler can play in the Masters forever now. That’s a perk that comes with winning at Augusta National. Cameron Champ knows he can play at Augusta National in 2023. For him, that was a win as well. Champ finished tied for 10th at the Masters, and that means he’ll be invited back next season. Augusta National has plenty of ways for players to qualify such as wins, world ranking and performance in other majors. Plus it rewards those who do especially well at the Masters. Anyone in the top 12 one year can come back the following year, so Champ knows that invitation will be in the mail as next spring looms. | https://localnews8.com/sports/ap-national-sports/2022/04/10/masters-notebook-for-champ-10th-place-means-a-2023-invite/ | 2022-04-11T02:06:06Z |
WATCH: Suspect drags two officers on highway during arrest
FRANKLIN, Tenn. (WSMV/Gray News) - Two Tennessee police officers suffered injuries after being dragged behind a car when the suspect of a traffic stop fled the scene over the weekend.
Franklin police said Officer Dustyn Stevens stopped 26-year-old Roy Nicholson while traveling on the Interstate 65 on Sunday morning, WSMV reported.
Police said that when Stevens asked Nicholson to step out of the vehicle, he noticed a gun in the car and smelled marijuana. Outside of the vehicle, police said Nicholson began actively resisting Stevens.
Police released a dashcam video that shows “Nicholson break away from the officer” before getting back into the car. The video then shows the car driving off with Stevens and assisting officer Matt Lamarr being dragged behind. Lamarr had run over to assist Stevens.
Witnesses who saw the incident followed the car. With their statements, investigators immediately located Nicholson outside the Franklin Walmart. Police charged Nicholson with two counts of aggravated assault against a first responder and felony evading. Police are expected to charge Nicholson with additional charges.
EMS took Stevens to Vanderbilt Medical Center, where police said he was treated and released. The injuries for Lamarr did not require immediate medical treatment.
Nicholson was released on a $40,000 bond. He is due in court June 9.
Copyright 2022 WSMV via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/26/watch-suspect-drags-two-officers-highway-during-arrest/ | 2022-04-26T18:47:45Z |
BOSTON and PHILADELPHIA, July 18, 2022 /PRNewswire/ -- Griffin Financial Group, a lower middle-market investment bank, announced today that Todd McMahon has joined the firm. He, along with Sophea Chau who joined last week, will establish a Boston office.
"We are pleased to welcome Todd to the Griffin team," said Matt O'Leary, CEO, Griffin Financial Group.
"In addition to his significant expertise in business and consumer services, Todd also brings a number of important financial sponsors, referral networks and advisors that are key to navigating in our industry," said Mr. O'Leary.
Todd McMahon has over 20 years of experience assisting clients in a wide range of industries to raise capital and execute strategic transactions. His background as an entrepreneur and an investor makes him uniquely situated to advise clients on growth strategies, including attracting institutional capital and exit strategy planning.
"I am excited to join a firm with such a solid reputation for success. My new colleagues have built a strong business in the lower middle market and are poised for growth. I have had the opportunity in my career to help grow boutique investment banks in this space and I look forward to doing so again," said Mr. McMahon.
Griffin Financial Group is a boutique investment bank providing merger and acquisition advisory, financing and strategic consulting services for both healthy and financially challenged businesses. We also provide private equity placement and due diligence services, and assist clients in public offerings, institutional placements, sales, syndication and other capital markets activities. For more information about the firm, visit www.griffinfingroup.com.
The Stevens & Lee Companies is a platform of affiliated professional service firms that independently provide a full range of legal, investment banking, financial advisory, insurance risk management and government consulting services. For more information, visit www.stevenslee.com/our-companies.
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SOURCE Griffin Financial Group | https://www.wibw.com/prnewswire/2022/07/18/investment-banking-professional-todd-mcmahon-joins-griffin-financial-group/ | 2022-07-18T19:18:17Z |
Officer punches protestor at demonstration in Pennsylvania
WILKINSBURG, Pa. (WDXI) - New video appears to show a police officer in Pennsylvania punching a protester in the face on Saturday.
The protest was a rally for Jim Rogers, a Black man who died after being tased 10 times by police. Five officers lost their jobs following the incident, but three were reinstated under the condition that they must undergo additional training.
“The biggest point we’re trying to make is that we are after criminal charges,” his niece said.
Walking side by side with protesters, the family of Rogers expressed their concerns about police brutality and asked for police accountability.
The small crowd walked several miles with police escort until they reached Wilkinsburg, Pennsylvania.
At that point, protesters say they were met by several police departments.
Police told the crowd to keep it moving or be arrested.
Minutes later, a woman who was part of the protest was punched in the face by an officer.
“Officers punching someone in the face doesn’t seem like a professional, trained response,” said Brandi Fisher with the Alliance for Police Accountability.
Fisher says this is why more police training is needed.
“The footage being shared shows what we do not want to see or experience when our community is expressing its hurt over police sanctioned violence. I have been in touch with the police chief, and our officers’ body cameras were on, which will be used to investigate next steps,” the mayor of Wilkinsburg said in a statement.
Protesters who organized the event say they are standing in solidarity with those who were arrested and harmed.
The mayor of Wilkinsburg says that he plans to keep the public informed about what is happening in regards to this incident.
Copyright 2022 WDXI via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/04/18/officer-punches-protestor-demonstration-pennsylvania/ | 2022-04-18T15:32:57Z |
ZURICH, Aug. 4, 2022 /PRNewswire/ --
AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange
HIGHLIGHTS
- Revenues +4% yoy organic TDA, up in all 3 GBUs
- Strong performance in Adecco APAC +14%, LHH Recruitment Solutions +12%, and Akkodis +14%
- Investment plan implemented with agility, driving relative revenue growth improvement in Adecco of +400 bps sequentially, in addition to +400 bps improvement in Q1
- Gross profit +7% organic yoy; Permanent Placement fees +38%
- Strong gross margin at 21.1%, +100 bps, driven by portfolio shift, positive mix and pricing
- Solid EBITA margin excl. one-offs of 3.5%, as anticipated, reflecting Adecco's investment plan and moderated contribution from LHH
- 100% ownership of AKKA; €20 million synergies secured for 2022, anticipating year-end run-rate +€40 million
- June exit rate 4% and July volumes modestly above Q2 levels
Denis Machuel, Adecco Group CEO, commented:
"The Group made progress this quarter in several important areas - the Akkodis integration is fully on track and the combined business delivered healthy growth, Adecco improved its market share performance and showed some encouraging signs of turnaround in the US, and the LHH Recruitment Solutions business and digital ventures including Ezra and Hired continued to perform strongly. At the same time, it is clear that there is further opportunity for performance improvement to reach our full potential. In my first month as Group CEO I have spent considerable time visiting our markets, engaging with our operations, listening to our clients, and meeting with our people. I am convinced we have excellent businesses and fantastic people across the organisation. Identifying the levers and then executing on them to improve performance is my absolute priority. The Group continues to focus on executing against its strategy, delivering productivity improvements from the investments we have made, and growing our market share by being the partner of choice to our clients and the talent we serve."
Logo - https://mma.prnewswire.com/media/1197818/The_Adecco_Group_Logo.jpg
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SOURCE The Adecco Group | https://www.kxii.com/prnewswire/2022/08/04/adecco-group-q2-22-results-market-share-momentum-solid-growth-margin/ | 2022-08-04T08:01:14Z |
Certification denotes arbitrary topology high reliability, ultra-high temperature stable operation and ultra-high energy efficiency
DUBAI, UAE, June 2, 2022 /PRNewswire/ -- Intertek (or the "Group"), a leading Total Quality Assurance provider to industries worldwide, has awarded three Tick-Mark certificates to Midea's V8 VRF Air Conditioner ("V8 VRF"), following the product's global launch ceremony in Dubai.
Tick-Mark is Intertek's leading independent and impartial product performance verification and claim program. The program provides independent verification in terms of quality, safety, performance, function, social responsibility and product reliability, giving manufacturers, distributors and retailers a point of differentiation in the marketplace and consumers peace of mind about their product purchases.
At the launch ceremony, Intertek awarded three Tick-Mark certificates to V8 VRF, covering arbitrary topology high reliability, ultra-high temperature stable operation and ultra-high energy efficiency, all of which have been professionally verified to comply with certification requirements.
Sunny Rai, President Intertek Electrical and Connected World said: "Intertek has worked closely with Midea for many years and has been committed to providing industry leading, high-quality testing and certification services, participating in its rapid development in the refrigeration field. In the future, we will continue to leverage our leading ATIC solutions, professional capabilities and extensive global service experience in the HVAC industry to enhance our partnership with Midea, working together closely to drive product upgrades and industry innovation."
Tick-Mark certification for arbitrary topology high reliability:
Midea V8 VRF has pioneered the realization of a two-core non-polar 0.75mm2 wire with an ultra-long distance of 2000m and a strong anti-interference and high-reliability communication of 150 nodes under the VRF communication network.
Tick-Mark certification for ultra-high temperature stable operation:
Midea V8 VRF adopts a new and efficient closed electric control box thermal management system and a powerful full DC frequency conversion system for the climate characteristics of high temperature and humidity.
Tick-Mark certification for ultra-high energy efficiency:
The energy efficiency of Midea V8 VRF measured under the outdoor 46/24℃ T3 working condition is 40% higher than the minimum allowable energy efficiency in the United Arab Emirates (UAE).
Intertek also conducted a comprehensive evaluation of the V8 VRF regarding typhoon resistance, earthquake resistance, corrosion resistance, and indoor air quality. The results were also industry-leading, enabling Midea to obtain separate Tick-Mark certification for these parameters.
About Midea Building Technologies
About Intertek
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SOURCE Intertek | https://www.wibw.com/prnewswire/2022/06/02/mideas-v8-air-conditioner-awarded-industry-leading-tick-mark-certification-by-intertek/ | 2022-06-02T07:08:07Z |
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