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Johnnie Max earns prestigious industry recognition
WASHINGTON, June 13, 2022 /PRNewswire/ -- Johnnie Max, a new supplemental online literacy program for the next generation of PreK–K teachers, learners, and families, was named the best PreK/Early Childhood Learning Solution of 2022 as part of the annual SIIA CODiE Awards. The prestigious CODiE Awards recognize the companies producing the most innovative education technology products across the country and around the world.
"As a new company, the Johnnie Max team is thrilled to win the CODiE Award. This distinction recognizes the success and innovation of our program, which builds oral language and vocabulary for young kids using digital media along with adult interaction," explains Jamie West, CEO of John Jones Media, the EdTech company behind Johnnie Max.
The program develops the foundations of early literacy while expanding children's worldview and preparing them for a lifetime of academic and digital learning.
"The 2022 EdTech CODiE Award winners exemplify the outstanding products, services and overall innovation that enables learners of all types to connect with educators and educational materials," said SIIA President Jeff Joseph. "We are so proud to recognize this year's honorees – the best of the best – that provide solutions to many of the critical challenges facing learners today – from access and equity, to personalized and tailored learning and beyond. Congratulations to all of this year's CODiE Award winners!"
The Software & Information Industry Association (SIIA), the principal trade association for the software and digital content industries, announced the full slate of CODiE winners during a virtual winner announcement. Awards were given for products and services deployed specifically for education and learning professionals, including the top honor of the Best Overall Education Technology Solution.
A SIIA CODiE Award win is a prestigious honor, following rigorous reviews by expert judges including educators and administrators whose evaluations determined the finalists. SIIA members then vote on the finalist products, and the scores from both rounds are tabulated to select the winners.
More information about the Awards is available at http://www.siia.net/codie.
Details about the winning products can be found at https://siia.net/codie/eduaction-technology-winners/.
About the CODiE Awards
The SIIA CODiE Awards is the only peer-reviewed program to showcase business and education technology's finest products and services. Since 1986, thousands of products, services and solutions have been recognized for achieving excellence. For more information, visit siia.net/CODiE.
About John Jones Media
Founded by educators and educational product developers, John Jones Media is an EdTech company that launched its first product in January 2022. Johnnie Max is a new online literacy program for PreK–K in English and Spanish.
Jamie West, jamie@jjonesmedia.com
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SOURCE John Jones Media | https://www.mysuncoast.com/prnewswire/2022/06/13/johnnie-max-recognized-by-siia-best-prekearly-childhood-learning-solution/ | 2022-06-13T14:38:23Z |
BETHESDA, Md., Aug. 31, 2022 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) today announced that Daniel B. Poneman, President and Chief Executive Officer, and Philip Strawbridge, Chief Financial Officer, are scheduled to participate in Lake Street Capital Markets' 6th Annual Best Ideas Growth (BIG6) Conference on September 14, 2022, in New York, NY.
For more information, visit https://www.lakestreetcapitalmarkets.com/big6conference. To request an invitation or to schedule a one-on-one meeting with management, please contact your Lake Street representative.
Centrus Energy is a trusted supplier of nuclear fuel and services for the nuclear power industry. Centrus provides value to its utility customers through the reliability and diversity of its supply sources – helping them meet the growing need for clean, affordable, carbon-free electricity. Since 1998, the Company has provided its utility customers with more than 1,750 reactor years of fuel, which is equivalent to 7 billion tons of coal. With world-class technical and engineering capabilities, Centrus is also advancing the next generation of centrifuge technologies so that America can restore its domestic uranium enrichment capability in the future. Find out more at www.centrusenergy.com.
Investors: Dan Leistikow at LeistikowD@centrusenergy.com
Media: Lindsey Geisler at GeislerLR@centrusenergy.com
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SOURCE Centrus Energy Corp. | https://www.kxii.com/prnewswire/2022/08/31/centrus-participate-lake-street-best-ideas-growth-conference/ | 2022-08-31T21:20:22Z |
PITTSBURGH, Aug. 15, 2022 /PRNewswire/ -- "I wanted to create an improved collar tie device for connecting two extension cords," said an inventor, from High Point, N.C., "so I invented the EVER CONNECTED. My design enables you to easily create longer extension cord runs that will not pull apart during use."
The patent-pending invention provides an improved strain-relief and retaining device for two extension cords. In doing so, it enables the cords to be interconnected for their extra length in a safe and reliable manner. As a result, it prevents the cords from pulling apart and it reduces wear and tear. The invention features a practical design that is easy to install and remove so it is ideal for contractors, service providers, maintenance workers, etc. Additionally, a prototype/model is available upon request.
The original design was submitted to the Charlotte sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CNC-815, 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.mysuncoast.com/prnewswire/2022/08/15/inventhelp-inventor-develops-improved-connector-extension-cords-cnc-815/ | 2022-08-15T17:26:32Z |
New Status Incentivizes Microsoft Sales Teams to Sell Altoura with Its Mixed Reality Portfolio
SEATTLE, June 8, 2022 /PRNewswire/ -- Altoura today announced it has achieved Microsoft's Azure IP Co-Sell Incentivized status, extending an already strong relationship to include a joint selling motion. Microsoft sellers around the globe are now incentivized to sell Altoura, the leading SaaS productivity platform for spatial work.
Altoura is now available on the Microsoft Azure Marketplace, and the two organizations will begin jointly selling mixed reality solutions to customers looking to transform their industry and internal workflows to increase productivity.
Altoura helps organizations transform their physical equipment and environments into digital (3D) assets and then make them immersive, interactive, and collaborative. With Altoura, business-critical workflows that once required a physical presence—such as employee training, facilities design and planning, and product demos—can be completed more efficiently as immersive workflows from any location. For example, Altoura customers report that the ability to train employees in a realistic virtual environment before they show up to work onsite in their physical environment reduces training time by more than 70%, accelerating time to productivity and eliminating the need for costly instructor-led training.
"We are one hundred percent complimentary to Microsoft mixed reality solutions, and we work closely with Microsoft to help customers become more productive and differentiated," said Jamie Fleming, CEO of Altoura. "Now with Co-sell Incentivized status, we will expand Altoura's commercial reach in the enterprise significantly."
Altoura is the pioneer of interactive digital twin technology and maker of the productivity platform for spatial work. Altoura transforms physical assets into 3D models and provides a no-code platform to transform them into immersive, interactive, and collaborative workflows such as immersive training and real estate design visualization. Altoura is a Gold member of Microsoft's Mixed Reality Partner Program and a strategic partner with Meta, Unity, Insight, and leading systems integrators. With a large and growing base of Fortune 500 customers, Altoura is the #1 platform for Manufacturing, Retail, Healthcare, Transportation, and Corporate Real Estate teams that want to empower their workforce with the tools to be productive from anywhere. To learn more, please visit altoura.com.
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SOURCE Altoura | https://www.mysuncoast.com/prnewswire/2022/06/08/altoura-achieves-microsoft-co-sell-incentivized-status/ | 2022-06-08T12:07:35Z |
NORTHWICH, England, June 24, 2022 /PRNewswire/ -- Tata Chemicals Europe ("TCE") today opened the UK's first industrial scale carbon capture and usage plant today, signalling a key milestone in the race to meet the UK's net zero targets.
The £20 million investment has been completed by UK-based Tata Chemicals Europe, one of Europe's leading producers of sodium carbonate, salt and sodium bicarbonate. The plant captures 40,000 tonnes of carbon dioxide each year - the equivalent to taking over 20,000 cars off the roads and reduces TCE's carbon emissions by more than 10%. The project will help unlock the future of carbon capture as it demonstrates the viability of the technology to remove carbon dioxide from power plant emissions and to use it in high end manufacturing applications.
In a world-first, carbon dioxide captured from energy generation emissions is being purified to food and pharmaceutical grade and used as a raw material in the manufacture of sodium bicarbonate which will be known as Ecokarb®. This unique and innovative process is patented in the UK with further patents pending in key territories around the world.
Ecokarb® will be exported to over 60 countries around the world. Much of the sodium bicarbonate exported will be used in haemodialysis to treat people living with kidney disease.
The carbon capture plant, which was supported with a £4.2m grant through the UK Department of Business, Energy and Industrial Strategy's ("BEIS") Energy Innovation Programme, marks a major step towards sustainable manufacturing which will see TCE make net zero sodium bicarbonate and one of the lowest carbon footprint sodium carbonate products in the world. These are used to make essential items like glass, washing detergents, pharmaceutical products, food, animal feed and in water purification.
Martin Ashcroft, Managing Director of Tata Chemicals Europe, said: "The completion of the carbon capture and utilisation plant enables us to reduce our carbon emissions, whilst securing our supply of high purity carbon dioxide, a critical raw material, helping us to grow the export of our pharmaceutical grade products across the world.
"With the support of our parent company, Tata Chemicals, and BEIS, we have been able to deliver this hugely innovative project, enabling our UK operations to take a major step in our carbon emissions reduction journey. Since 2000 we've reduced our carbon intensity by 50% and have a clear roadmap to reduce this by 80% by 2030."
Speaking about the opening of the plant, Secretary of State for Business and Energy, Kwasi Kwarteng, said: "This cutting-edge plant, backed by £4.2 million government funding, demonstrates how carbon capture is attracting new private capital into the UK and is boosting new innovation in green technologies.
"We are determined to make the UK a world-leader in carbon capture, which will help us reduce emissions and be a key part of the future of British industry."
For more information visit: Carbon Capture & Utilisation | www.tatachemicalseurope.com.
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SOURCE Tata Chemicals Europe | https://www.mysuncoast.com/prnewswire/2022/06/24/tata-chemicals-europe-opens-uks-largest-carbon-capture-plant/ | 2022-06-24T05:36:54Z |
Heat advice for Suncoast football players
Student athletes use of hydration as part of their game plan
SARASOTA, Fla. (WWSB) - Summer break is over and Fall sports have started yet again for high schoolers across the Suncoast. Booker High School in Sarasota urges football players to stay safe from the sun.
Coach Ronnie Littles from Booker High School has made heat safety a priority this season.
“I think it’s a great tool, we call it a water boy. It has about ten spigots in it and it just allows the kids to come over and to get a quick shot, spray it over their face, spray it over the back of their neck, drink it and just keep it moving” Littles stated in regard to keeping cool.
Another Suncoast local, Doctor Lisa Merritt, has her own methods for staying hydrated.
“You can also hydrate through the snacks. I love watermelon, watermelon is so complete because it has potassium and electrolytes in it. The same thing with grapes, same thing with oranges, tangerines, nectarines”. Dr. Merritt continued to state, “Fruits that have a lot of water in them are another way to get hydration in as well as nourishment, vitamins, antioxidants, and a safe amount of that kind of carbohydrate that you need to give that kind of energy”.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/13/heat-advice-suncoast-football-players/ | 2022-08-13T03:27:51Z |
NEW ORLEANS, Aug. 26, 2022 /PRNewswire/ -- Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into Spectrum Pharmaceuticals, Inc. (NasdaqGS: SPPI).
On August 6, 2021, the Company disclosed the receipt of a Complete Response Letter ("CRL") from the U.S. Food and Drug Administration ("FDA") regarding the application for its drug candidate, ROLONTIS, that highlighted manufacturing deficiencies and indicated that a reinspection of the Company's manufacturing facility would be necessary.
Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period in violation of federal securities laws, which remains ongoing.
KSF's investigation is focusing on whether Spectrum's officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
If you have information that would assist KSF in its investigation, or have been a long-term holder of Spectrum shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-sppi/ to learn more.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.mysuncoast.com/prnewswire/2022/08/27/spectrum-pharmaceuticals-investigation-initiated-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-investigates-officers-directors-spectrum-pharmaceuticals-inc-sppi/ | 2022-08-27T10:35:42Z |
VANCOUVER, Aug. 4, 2022 /PRNewswire/ -- City Office REIT, Inc. (NYSE: CIO) (the "Company," "City Office," "we" or "our") today announced its results for the quarter ended June 30, 2022.
Second Quarter Highlights
- Rental and other revenues were $45.5 million. GAAP net income attributable to common stockholders was approximately $1.0 million, or $0.02 per fully diluted share;
- Core FFO was approximately $17.6 million, or $0.40 per fully diluted share;
- AFFO was approximately $8.0 million, or $0.18 per fully diluted share;
- Closed the disposition of the Lake Vista Pointe property in Dallas, Texas for a gross sales price of $43.8 million, generating a gain on sale of $21.7 million;
- In-place occupancy closed the quarter at 86.9%;
- Executed approximately 254,000 square feet of new and renewal leases during the quarter;
- During the quarter and subsequent to quarter end, the Company completed the repurchase of 2,302,694 shares of common stock at an average gross price of $13.11 per share for an aggregate cost of approximately $30.2 million;
- Declared a second quarter dividend of $0.20 per share of common stock, paid on July 22, 2022; and
- Declared a second quarter dividend of $0.4140625 per share of Series A Preferred Stock, paid on July 22, 2022.
"Our properties are predominantly located in desirable Sun Belt locations positioned for long term growth," commented James Farrar, the Company's Chief Executive Officer. "We have built an attractive portfolio of high-quality and amenitized buildings that aligns with tenants' desire for vibrant office locations. Leasing tour activity and tenant utilization trends continue to improve, giving us confidence in the trajectory of our business."
"During 2022, a major priority has been executing our spec suite program and advancing strategic enhancements across our portfolio to drive leasing results. We are also focused on opportunities to generate incremental value. In that regard, we closed the sale of our Lake Vista Pointe property for a $22 million gain and have repurchased $30 million of shares of common stock to date at what we believe is a steep discount to their inherent value. We have provided a slide analyzing the stock repurchase metrics in our August Investor Presentation that can be found in the Investor Relations section of our website at www.cioreit.com."
A reconciliation of certain non-GAAP financial measures, including FFO, Core FFO, AFFO, NOI, Same Store NOI, Same Store Cash NOI, Adjusted Cash NOI and their equivalent per share measures, to the most directly comparable financial measure under U.S. generally accepted accounting principles ("GAAP") can be found at the end of this release.
Portfolio Operations
The Company reported that its total portfolio as of June 30, 2022 contained 6.0 million net rentable square feet and was 86.9% occupied. Occupancy was impacted by the newly constructed Bloc 83 property in Raleigh, North Carolina that is completing its initial lease-up phase and has signed leases that have not yet taken occupancy. Excluding the Bloc 83 property, portfolio occupancy was 88.6% as of June 30, 2022.
Net Operating Income was approximately $28.7 million and Adjusted Cash NOI (CIO share) was approximately $26.9 million for the second quarter of 2022. Net Operating Income benefited from $1.1 million of termination fee income recognized in the quarter.
Same Store Cash NOI decreased 7.1% for the three months ended June 30, 2022 as compared to the same period in the prior year. Same Store Cash NOI decreased 5.9% for the six months ended June 30, 2022 as compared to the same period in the prior year.
Investment and Disposition Activity
On June 15, 2022, the Company completed the previously announced $43.8 million sale of its Lake Vista Pointe property in Dallas, Texas. The disposition translates to a gain on sale of $21.7 million and a 6.1% cash capitalization rate, including an adjustment for an unfunded tenant improvement allowance. $16.8 million of mortgage debt secured by the property was repaid upon the close of the transaction.
Leasing Activity
The Company's total leasing activity during the second quarter of 2022 was approximately 254,000 square feet, which included 126,000 square feet of new leasing and 128,000 square feet of renewals. Approximately 233,000 square feet of leases signed within the quarter will commence subsequent to quarter end.
New Leasing – New leases were signed with a weighted average lease term of 6.6 years at a weighted average annual rent of $32.47 per square foot and at a weighted average cost of $7.63 per square foot per year. Of note, leasing activity continues to be strong at the Company's Bloc 83 property in Raleigh, North Carolina, where two leases for a total of approximately 23,000 square feet were signed during the quarter.
Renewal Leasing – Renewal leases were signed with a weighted average lease term of 4.6 years at a weighted average annual rent of $28.15 per square foot and at a weighted average cost of $6.90 per square foot per year.
Capital Structure
As of June 30, 2022, the Company had total principal outstanding debt of approximately $658.6 million. Approximately $446.6 million, or 67.8%, of the Company's outstanding debt was fixed rate. When factoring in the $50 million term loan as fixed rate debt due to an interest swap, approximately 75.4% of the Company's debt was effectively fixed rate. City Office's total principal outstanding debt had a weighted average maturity of approximately 3.8 years and a weighted average interest rate of 3.7%.
On August 5, 2020 the Company's Board of Directors approved a share purchase plan authorizing the Company to repurchase up to an aggregate amount of $50 million of its outstanding shares of common stock. During the three months ended June 30, 2022, the Company settled on the repurchase of 394,833 shares of its common stock at an average gross price of $12.64 per share for a total cost of approximately $5.0 million. Including incremental share repurchases completed after quarter end, the Company had completed the repurchase of 2,302,694 shares at an average gross price of $13.11 per share for an aggregate cost of approximately $30.2 million.
Dividends
On June 16, 2022, the Company's Board of Directors approved and the Company declared a cash dividend of $0.20 per share of the Company's common stock for the three months ended June 30, 2022. The dividend was paid on July 22, 2022 to common stockholders and unitholders of record as of July 8, 2022.
On June 16, 2022, the Company's Board of Directors approved and the Company declared a cash dividend of $0.4140625 per share of the Company's 6.625% Series A Preferred Stock for the three months ended June 30, 2022. The dividend was paid on July 22, 2022 to preferred stockholders of record as of July 8, 2022.
2022 Outlook
The Company is updating its 2022 guidance based on year-to-date performance and its expectations for the remainder of the year. The midpoint of full year 2022 Core FFO per share expectations has been adjusted downward by $0.025 per share. This net change is the result of several positive and negative impacts to prior expectations. Projected interest expense has increased due to higher forecasted interest rates on the floating rate portion of the Company's unsecured credit facility as well as higher outstanding debt from the share repurchase program. 2022 Net Operating Income is also expected to be lower primarily due to the timing of certain leasing assumptions. Offsetting part of these impacts is the accretion generated from the share repurchase program.
Material Considerations:
- Dispositions reflects the June 15, 2022 sale of the Lake Vista Pointe property in Dallas, Texas.
- Termination fee income of $3.4 million has been included in 2022 guidance.
- The General and Administrative Expenses guidance includes approximately $4.0 million for stock-based compensation. Our Core FFO definition excludes stock-based compensation. Excluding stock-based compensation, General and Administrative Expenses guidance for Full Year 2022 would have been $10.2 million – $10.7 million.
- Annual weighted average fully diluted shares of common stock outstanding are assumed to be approximately 43.4 million in the low scenario with $30 million of shares of common stock repurchased and approximately 42.8 million in the high scenario with $50 million of shares of common stock repurchased.
The Company's guidance is based on current plans and assumptions and subject to the risks and uncertainties more fully described in the Company's filings with the United States Securities and Exchange Commission. This outlook reflects management's view of current and future market conditions, including assumptions such as the pace of future acquisitions and dispositions, rental rates, occupancy levels, leasing activity, uncollectible rents, operating and general administrative expenses, weighted average diluted shares outstanding and rising interest rates. The Company reminds investors that the impacts of the COVID-19 pandemic are uncertain and impossible to predict. See "Forward-looking Statements" below.
Webcast and Conference Call Details
City Office's management will hold a conference call at 11:00 am Eastern Time on August 4, 2022.
The webcast will be available under the "Investor Relations" section of the Company's website at www.cioreit.com. The conference call can be accessed by dialing 1-844-200-6205 for domestic callers and 1-929-526-1599 for international callers. The passcode for the conference call is 134483.
A replay of the call will be available later in the day on August 4, 2022, continuing through November 2, 2022 and can be accessed by dialing 1-866-813-9403 for domestic callers and 44-204-525-0658 for international callers. The passcode for the replay is 007327. A replay will also be available for twelve months following the call at "Webcasts & Events" in the "Investor Relations" section of the Company's website.
A supplemental financial information package to accompany the discussion of the results will be posted on www.cioreit.com under the "Investor Relations" section.
Non-GAAP Financial Measures
Funds from Operations ("FFO") – The National Association of Real Estate Investment Trusts ("NAREIT") states FFO should represent net income or loss (computed in accordance with GAAP) plus real estate related depreciation and amortization (excluding amortization of deferred financing costs) and after adjustments of unconsolidated partnerships and joint ventures, gains or losses on the sale of property and impairments to real estate.
The Company uses FFO as a supplemental performance measure because the Company believes that FFO is beneficial to investors as a starting point in measuring the Company's operational performance. We also believe that, as a widely recognized measure of the performance of REITs, FFO will be used by investors as a basis to compare the Company's operating performance with that of other REITs.
However, because FFO excludes depreciation and amortization and captures neither the changes in the value of the Company's properties that result from use or market conditions nor the level of capital expenditures and leasing commissions necessary to maintain the operating performance of the Company's properties, all of which have real economic effects and could materially impact the Company's results from operations, the utility of FFO as a measure of the Company's performance is limited. In addition, other equity REITs may not calculate FFO in accordance with the NAREIT definition as the Company does, and, accordingly, the Company's FFO may not be comparable to such other REITs' FFO. Accordingly, FFO should be considered only as a supplement to net income as a measure of the Company's performance.
Core Funds from Operations ("Core FFO") – We calculate Core FFO by using FFO as defined by NAREIT and adjusting for certain other non-core items. We also exclude from our Core FFO calculation acquisition costs, loss on early extinguishment of debt, changes in the fair value of the earn-out, changes in fair value of contingent consideration and the amortization of stock based compensation.
We believe Core FFO provides a useful metric in comparing operations between reporting periods and in assessing the sustainability of our ongoing operating performance. Other equity REITs may calculate Core FFO differently or not at all, and, accordingly, the Company's Core FFO may not be comparable to such other REITs' Core FFO.
Adjusted Funds from Operations ("AFFO") – We compute AFFO by adding to Core FFO the non-cash amortization of deferred financing fees and non-real estate depreciation and then subtracting cash paid for recurring tenant improvements, leasing commissions, and capital expenditures, and eliminating the net effect of straight-line rent / expense, deferred market rent and debt fair value amortization. Recurring capital expenditures exclude development / redevelopment activities, capital expenditures planned at acquisition and costs to reposition a property. We exclude first generation leasing costs within the first two years of our initial public offering or acquisition, which are generally to fill vacant space in properties we acquire or were planned at acquisition. We have further excluded all costs associated with tenant improvements, leasing commissions and capital expenditures which were funded by the entity contributing the properties at closing.
Along with FFO and Core FFO, we believe AFFO provides investors with appropriate supplemental information to evaluate the ongoing operations of the Company. Other equity REITs may calculate AFFO differently, and, accordingly, the Company's AFFO may not be comparable to such other REITs' AFFO.
Net Operating Income ("NOI"), Adjusted Cash NOI (CIO share) – We define NOI as rental and other revenues less property operating expenses. We define Adjusted Cash NOI as NOI less the effect of recurring straight-line rent / expense, deferred market rent, and any amounts which are funded by the selling entities and NCI in properties.
We consider NOI and Adjusted Cash NOI to be appropriate supplemental performance measures to net income because we believe they provide information useful in understanding the core operations and operating performance of our portfolio.
Same Store Net Operating Income ("Same Store NOI") and Same Store Cash Net Operating Income ("Same Store Cash NOI") – Same Store NOI and Same Store Cash NOI is calculated as the NOI attributable to the properties continuously owned and operated for the entirety of the reporting periods presented. The Company's definition of Same Store NOI and Same Store Cash NOI excludes properties that were not stabilized during both of the applicable reporting periods. These exclusions may include, but are not limited to, acquisitions, dispositions and properties undergoing repositioning or significant renovations.
We believe Same Store NOI and Same Store Cash NOI is an important measure of comparison because it allows for comparison of operating results of stabilized properties owned and operated for the entirety of both applicable periods and therefore eliminates variations caused by acquisitions, dispositions or repositionings during such periods. Other REITs may calculate Same Store NOI and Same Store Cash NOI differently and our calculation should not be compared to that of other REITs.
Forward-looking Statements
This press release contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain statements contained in this press release, including those that express a belief, expectation or intention, as well as those that are not statements of historical fact, are forward-looking statements within the meaning of the federal securities laws and as such are based upon the Company's current beliefs as to the outcome and timing of future events. Forward-looking statements are generally identifiable by use of forward-looking terminology such as "approximately," "anticipate," "assume," "believe," "budget," "contemplate," "continue," "could," "estimate," "expect," "future," "hypothetical," "intend," "may," "outlook," "plan," "potential," "predict," "project," "seek," "should," "target," "will" or other similar words or expressions. There can be no assurance that actual forward-looking statements, including projected capital resources, projected profitability and portfolio performance, estimates or developments affecting the Company will be those anticipated by the Company. Examples of forward-looking statements include those pertaining to expectations regarding our financial performance, including under metrics such as NOI and FFO, market rental rates, national or local economic growth, including the impact of inflation, estimated replacement costs of our properties, the Company's expectations regarding tenant occupancy, re-leasing periods, projected capital improvements, expected sources of financing, expectations as to the likelihood and timing of closing of acquisitions, dispositions, or other transactions, the expected operating performance of the Company's current properties, anticipated near-term acquisitions and descriptions relating to these expectations, including, without limitation, the anticipated net operating income yield and cap rates, lower than expected yields, increased interest rates and operating costs, and changes in local, regional, national and international economic conditions, including as a result of the ongoing COVID-19 pandemic. Forward-looking statements presented in this press release are based on management's beliefs and assumptions made by, and information currently available to, management.
The forward-looking statements contained in this press release are based on historical performance and management's current plans, estimates and expectations in light of information currently available to us and are subject to uncertainty and changes in circumstances. There can be no assurance that future developments affecting us will be those that we have anticipated. Actual results may differ materially from these expectations due to the factors, risks and uncertainties described above, changes in global, regional or local political, economic, business, competitive, market, regulatory and other factors described in our news releases and filings with the SEC, including but not limited to those described in our Annual Report on Form 10-K for the year ended December 31, 2021 under the heading "Risk Factors" and in our subsequent reports filed with the SEC, many of which are beyond our control. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove to be incorrect, our actual results may vary in material respects from what we may have expressed or implied by these forward-looking statements. We caution that you should not place undue reliance on any of our forward-looking statements. Any forward-looking statement made by us in this press release speaks only as of the date of this press release. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. The Company does not guarantee that the assumptions underlying such forward-looking statements contained in this press release are free from errors. Unless otherwise stated, historical financial information and per share and other data are as of June 30, 2022 or relate to the quarter ended June 30, 2022. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable securities laws.
Contact
City Office REIT, Inc.
Anthony Maretic, CFO
+1-604-806-3366
investorrelations@cityofficereit.com
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SOURCE City Office REIT, Inc. | https://www.kxii.com/prnewswire/2022/08/04/city-office-reit-reports-second-quarter-2022-results/ | 2022-08-04T11:05:15Z |
SAN DIEGO, July 29, 2022 /PRNewswire/ -- Evofem Biosciences, Inc., (Nasdaq: EVFM), a women's healthcare company, today commended the U.S. Department of Health and Human Services, alongside the Departments of Labor and of the Treasury ("the Tri-Agencies"), for taking action to clarify protections for birth control coverage under the Affordable Care Act (ACA).
"Yesterday, the United States took a critical step forward in protecting the right to contraception. The Departments of Labor, Health and Human Services, and Treasury released guidance clarifying that group health plans and insurers must cover contraceptives, including emergency contraceptives, at no cost to individuals," said Saundra Pelletier, CEO of Evofem Biosciences. "It is truly gratifying that our government is supporting those of us across the country — in the private sector and in advocacy organizations — who are on the front lines of producing contraception options and having them fully covered in healthcare plans."
Under the ACA, most private health plans are required to provide birth control and family planning counseling at no additional cost.
Evofem's market access team intends to renew discussions with insurers and pharmacy benefit managers (PBMs) that are not yet compliant with these guidelines to ensure they cover Phexxi® (lactic acid, citric acid and potassium bitartrate) at no cost to individuals.
About Evofem Biosciences
Evofem Biosciences, Inc., (Nasdaq: EVFM) is developing and commercializing innovative products to address unmet needs in women's sexual and reproductive health, including hormone-free, woman-controlled contraception and protection from chlamydia and gonorrhea. The Company's first FDA-approved product, Phexxi® (lactic acid, citric acid and potassium bitartrate), is a hormone-free, on-demand prescription contraceptive vaginal gel. It comes in a box of 12 pre-filled applicators and is applied 0-60 minutes before each act of sex. The Company expects to report top-line data this fall from its registrational Phase 3 EVOGUARD clinical trial evaluating Phexxi for two potential new indications – prevention of chlamydia and prevention of gonorrhea in women. Learn more at phexxi.com and evofem.com.
Phexxi® is a registered trademark of Evofem Biosciences, Inc.
Forward-Looking Statements
This press release includes "forward-looking statements," within the meaning of the safe harbor for forward-looking statements provided by Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, including, without limitation, evaluations and judgments regarding Evofem, its products, its product candidates and their development, demand for Evofem's products and product candidates and Affordable Care Act. Various factors could cause actual results to differ materially from those discussed or implied in the forward-looking statements, and you are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this press release. Each of these forward- looking statements involves risks and uncertainties. Important factors that could cause actual results to differ materially from those discussed or implied in the forward-looking statements, or that could impair the value of Evofem Biosciences' assets and business are disclosed in the Company's SEC filings, including its Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on March 10, 2022 and its Quarterly Report on Form 10-Q filed with the SEC on May 10, 2022. All forward-looking statements are expressly qualified in their entirety by such factors. The Company does not undertake any duty to update any forward-looking statement except as required by law.
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SOURCE Evofem Biosciences, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/29/evofem-biosciences-commends-tri-agencies-clarifying-that-contraceptives-must-be-covered-no-cost-individuals/ | 2022-07-29T12:56:36Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Upstart, Inc..
Shareholders who purchased shares of UPST during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/upstart-inc-loss-submission-form/?id=27913&from=4
CLASS PERIOD: March 18, 2021 to May 9, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Upstart's AI model could not adequately account for macroeconomic factors such as interest rates that impact the market-clearing price for loans; (2) as a result, Upstart was experiencing a negative impact on its conversion rate; (3) as a result, the Company was reasonably likely to use its balance sheet to fund loans; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
DEADLINE: July 12, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/upstart-inc-loss-submission-form/?id=27913&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of UPST during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 12, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.mysuncoast.com/prnewswire/2022/06/01/shareholder-alert-gross-law-firm-notifies-shareholders-upstart-inc-class-action-lawsuit-lead-plaintiff-deadline-july-12-2022-nasdaq-upst/ | 2022-06-01T10:58:59Z |
Goodyear, union workers hours away from potential strike
TOPEKA, Kan. (WIBW) - Goodyear workers in Topeka and three other plants nationwide could walk off the job by Friday night.
A five-year master contract agreement between Goodyear and the United Steelworkers Union expires at 5 p.m. CT Friday, July 29, 2022.
A message calling for a ‘fair contract’ has been projected on a tree outside the plant on Hwy. 24 in North Topeka for several nights over the past month.
The contract covers around 6,000 workers in Topeka; Akron, Ohio; Danville, VA; and Fayetteville, NC.
A Goodyear negotiations web site lists key issues as productivity, operational flexibility and health care costs.
“Like many American manufacturing companies whose products must compete in a global market, cost is a significant challenge for Goodyear. Goodyear’s goal in negotiations is to achieve a contract that improves its competitive position by addressing issues related to productivity and flexibility improvements in its factories, as well as health care benefits costs,” the company states on its site.
But a union web site updating talks says any pay raise the company has offered is wiped out by passing along health care and benefits costs. The union points out Goodyear reported a $900 million profit in 2021, and can afford a better offer. They also cite issues such as training, and making workers use vacation time during a plant shutdown.
“We are prepared to negotiate a responsible settlement, but we are not buying into the Company’s demands for concessions or a contract that does not reward essential workers for our contributions to the company’s success,” the union wrote on its web site.
If no tentative agreement is reached, workers could strike or agree to work day-to-day under their current deal.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/29/goodyear-union-workers-hours-away-potential-strike/ | 2022-07-29T20:01:43Z |
DALLAS (KDAF) — If you’ve been to a Rangers game or event here at Globe Life Field, you’ve likely fallen in love with the bright lights, retractable roof and of course, the air conditioning. Did you know you can get a behind-the-scenes tour with yourself and your friends on your own?
We wanted to give you a feel for the ballpark tour. What better way than to take us on one.
“I love that it’s new but we brought in so much history. 50 years is a lot of time, a lot of cool baseball stuff to bring in here,” Valerie McCourt, Globe Life Field tour guide, said.
This is only the second full season the Rangers have played in this brand new state-of-the-art facility. Valerie showed us the people behind the new venue and paid homage to their former home across the way and the city they’ve resided in for 50 years, Arlington.
“We’ve really celebrated that throughout but we’ve got this awesome new stadium. We’ve got the roof, ac, it’s comfortable for our fans and our players too. I love the combination of the new and the old we’ve got in here,” McCourt said.
Rangers fans who’ve been to Globe Life likely agree. The new digs were warmly and comfortably welcomed.
“It’s much more comfortable. Especially those July and August middle of the day games when it’s so hot and you’re sitting in the sun. To not have to worry about sunburn or getting heat exhaustion is really fantastic. All courtesy of that big beast of a retractable roof,” McCourt said.
All thanks to that big beast of a retractable roof.
“It’s a single panel retractable roof that does move from east to west. If you came to a game and it’s open – that’s the way it would move and they’d close it at the end of the game. The roof not only made it so we can have heating and cooling in here with the roof closed. We can heat and cool in here. It also made us a year-round event facility so we can host all throughout the year, instead of just baseball season,” McCourt said.
Under that heat-relieving roof is their modern take on their half-century of Texan tradition.
“We designed it to have open concourses. so this concourse and our main concourse open to the seating bowl so when you come down to get your hotdog and dr pepper, you can still see what’s going on in the game or the concert,” McCourt said.
Aside from their standard ballpark seats, fans have several incredibly unique options. Those touring get to see the Lexus club, behind home plate.
We took the elevator up to visit Chuck Morgan’s booth and office. He’s called more consecutive baseball games than the voice of any other major league baseball team, while calling over 3,000 games during his career.
Then we made our way to a hidden gem of the stadium.
“This is part of us paying tribute to Arlington’s history. In an area about 10 mins west of here, was an area that became known as the district around the prohibition. Of course, gambling, liquor, illegal at the time,” McCourt said.
Honoring a former speakeasy in Arlington’s earlier days called Top of Hill Terrace. And, of course, no tour is complete without getting to walk on the field itself.
If you’d like this same experience with you and your friends, you can visit mlb.com/rangers/ballpark. | https://cw33.com/lifestyle/inside-dfw/heres-what-to-expect-when-touring-globe-life-field-in-arlington/ | 2022-05-13T17:38:00Z |
ISTANBUL (AP) — Istanbul’s LGBTQ Pride organizers said 373 people detained by police following a ban on all Pride events were being released Monday.
Kaos GL, a leading LGBTQ rights association, said all the people detained Sunday were being freed after giving their police statement and undergoing health checks. Some were released overnight.
District governors in the two popular Istanbul districts of Beyoglu and Kadikoy outlawed all LGBTQ events last week, saying the ban would to ensure safety, peace and prevent crime. Numerous streets and subway stations were closed off by police Sunday to stop protesters from gathering. Police also pushed and detained journalists.
Amnesty Turkey said the ban was “extremely harsh” and “arbitrary.” The rights group’s Turkey campaigner, Milena Buyum, tweeted that the detained individuals were “deprived of their liberty simple bc they were exercising their rights” to freedom of expression and assembly.
Turkish authorities allowed Pride marches to take place for more than a decade starting in 2003, when Turkey’s conservative President Recep Tayyip Erdogan served as prime minister. Up to 100,000 people attended Istanbul Pride in 2014.
But in 2015, police dispersed crowds using tear gas and water cannons after a last-minute ban. The march has been banned ever since and top Turkish officials have called LGBTQ people “perverts” who aim to hurt traditional family values.
Organizers said in a statement Monday that the large number of detentions Sunday were more than triple the total number of detentions over the past seven years since Pride has been banned. They vowed to continue their fight for rights in the face of increased hate speech and discrimination. | https://cw33.com/news/international/ap-international/detained-lgbtq-activists-in-istanbul-pride-being-released/ | 2022-06-28T08:23:58Z |
The parents of accused Oxford, Michigan, school shooter Ethan Crumbley will still face multiple involuntary manslaughter charges, a judge ruled Wednesday, despite their attempts to quash the counts against them.
Judge Cheryl Matthews said a lower court had ruled correctly that Crumbley's parents can stand trial for the charges.
Jennifer and James Crumbley were each charged with four counts of involuntary manslaughter after their teenage son allegedly shot and killed four students and injured seven other people at Oxford High School in November.
They have both pleaded not guilty and their attorneys have argued in court documents that the charges have no legal justification and the couple should not be held responsible for the killings their son is accused of committing.
But in court filings earlier this month, prosecutors argued to keep the manslaughter charges against the parents, saying their "gross negligence allowed their son access to the murder weapon and allowed him to remain in school with that murder weapon," adding that their negligence was a "substantial factor" in the killings.
In her ruling Wednesday, Matthews sided with prosecutors and said, "a reasonable juror could conclude that his (Ethan Crumbley's) actions were reasonably foreseeable," and that his parents' actions could be seen as linked to his.
Ethan Crumbley has also pleaded not guilty to a slew of charges, including four counts of first-degree murder, seven counts of assault with intent to murder, and 12 counts of possession of a firearm during the commission of a felony.
His trial was moved to January 17, 2023, a judge announced during a pretrial hearing Thursday. He remains incarcerated at the Oakland County Jail. Crumbley's defense attorneys have said they plan to "assert the defense of insanity at the time of the alleged offense."
Another judge orders evidence to be released to victims' families
Also this week, another judge ordered the school district and sheriff's office to comply with subpoenas to release evidence from the shooting to victim's families, according to a copy of the decision.
Circuit Court Judge Rae Lee Chabot issued that order on Thursday after hearing arguments in court.
The decision comes in a civil lawsuit filed in January by families of students who survived or were killed in the shooting against Crumbley's parents and school workers, alleging they were negligent in their handling of the suspect.
As part of their suit, the families subpoenaed Oxford Community Schools in March and the Oakland County Sheriff's Office in April, requesting evidence from the shooting including crime scene photos, surveillance video from the school during the shooting and the police report. The school district and sheriff's office are not defendants in this case.
But Oakland County prosecutors have voiced concerns about the release of the evidence as they prepare for the criminal trials related to the shooting.
The Oakland County Prosecutor's Office told CNN in a statement after the ruling that it will ask to intervene in the civil case so it can ask the judge to block the release of evidence. Oakland County assistant prosecutor Marc Keast said the office is focused on prosecuting the criminal cases and doesn't want evidence released "prematurely" that could impact those cases.
"The civil cases are also an important part of achieving justice for the victims, but we are asking that the criminal cases be allowed to proceed before more evidence is released," Keast said. "In addition, there is substantial research and data showing that school shooters seek notoriety, as was the case for the Oxford shooter. We want to avoid any public release of video or other evidence that could inadvertently encourage future shooters."
As of Thursday, the prosecutor's office had not filed the motion to intervene.
An attorney representing the victims' families, meanwhile, told CNN he is pressing to obtain the copies of evidence as quickly as possible, saying that seven months after the shooting, families are being denied access to basic information about the crime.
"The prosecutor's office has done an excellent job of pursuing criminal charges against Ethan and his parents," Attorney Ven Johnson told CNN. "What they haven't done a great job of is turning over these documents that these parents are absolutely entitled to."
David Williams, the chief assistant prosecutor, said in a statement to CNN that families and their attorneys "have been offered the opportunity to view the video and other evidence when they are ready in the security of either the Oakland County Sheriff's Office or the Oakland County Prosecutor's Office."
Oakland County Sheriff Michael Bouchard told CNN in a statement that he does not oppose release of evidence as long as it doesn't cause fair trial issues.
"My singular focus and concern is for our victims and to ensure those responsible are held accountable," Bouchard said. "In that vein, I would hope that any of the victims, families or friends who see the video would have the proper support around them as it is deeply disturbing -- even to a seasoned law enforcement professional."
"The release of it before the conclusion of criminal proceedings is acceptable as long as it does not cause any fair trial issues for those proceedings," the sheriff added.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/accused-michigan-school-shooters-parents-will-face-involuntary-manslaughter-charges-judge-rules/article_7a180004-42a7-56fa-9245-e7e34463fb91.html | 2022-06-24T03:17:46Z |
Former Japanese Prime Minister Shinzo Abe has been rushed to hospital after being shot during a campaign speech in Nara, Japan.
An official from the Nara City Fire Department confirmed to CNN that Abe is in a state of cardiopulmonary arrest.
It means the former prime minister has a sudden loss of heart function and breathing.
Abe was shot while giving a campaign speech on a street in Nara City at around 11:30 a.m. local time, Chief Cabinet Secretary Hirokazu Matsuno said.
"Former Prime Minister Abe's condition is not currently known, and we are checking the situation," Matsuno told reporters at an emergency news briefing at the prime minister's office.
He said Prime Minister Fumio Kishida, who was on a tour of duty, was immediately informed and will return to his office urgently. Matsuno said he has instructed ministers who are in various parts of the country to return to Tokyo immediately. The prime minister is scheduled to speak later today.
"Such barbaric behavior is unacceptable for any reason and we firmly condemn it. The government will take all possible measures to deal with the situation," Matsuno said.
According to a Liberal Democratic Party official, Abe was shot in the chest before being rushed to hospital in an ambulance, public broadcaster NHK reported. The former prime minister was then moved to Nara Medical University. He was conscious and responsive while being transported following the shooting, police sources told NHK.
A suspect has been arrested and charged with attempted murder and a gun was retrieved, the broadcaster reported.
CNN has not yet been able to independently verify these reports.
According to Reuters, Japan's Chief Cabinet Secretary Hirokazu Matsuno said Abe's condition is unknown.
Former Liberal Democratic Party leader, Abe is Japan's longest-serving prime minister, holding office from 2006 to 2007 and again from 2012 to 2020, before resigning due to health reasons.
An aerial photo showed emergency vehicles at the scene in Nara, and a small crowd gathered on the sidewalk. Video broadcast on NHK showed police wrestling a man to the ground on the street near to where Abe was delivering his campaign speech.
Abe was making the speech in support of LDP candidates ahead of the upcoming Upper House elections scheduled for Sunday. He was due to head to Kyoto and Saitama prefecture, near the capital Tokyo.
The United States Ambassador to Japan Rahm Emmanuel said in a tweet early Friday, "We are all saddened and shocked by the shooting of former Prime Minister Abe Shinzo."
"Abe-san has been an outstanding leader of Japan and unwavering ally of the US The US Government and American people are praying for the well-being of Abe-san, his family, & people of Japan."
This is a breaking story more to follow.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/former-japanese-prime-minister-shinzo-abe-in-a-state-of-cardiopulmonary-arrest-after-shooting-fire/article_ee0f8cc0-229d-5ab8-b7ba-66ff8ddb8425.html | 2022-07-08T05:35:59Z |
BOSTON, June 15, 2022 /PRNewswire/ -- Below is the May 2022 Monthly Update for the Liberty All-Star Equity Fund. (NYSE: USA)
Liberty All-Star Equity Fund
Ticker: USA
Monthly Update, May, 2022
Investment Approach:
Fund Style: Large-Cap Core
Fund Strategy: Combines three value-style and two growth-style investment managers. Those selected demonstrate a consistent investment philosophy, decision making process, continuity of key people and above-average long-term results compared to managers with similar styles.
Investment Managers:
Top 20 Holdings at Month-End
Monthly Performance:
Net Assets at Month-End ($millions)
Sector Breakdown (% of equity portfolio)*
New Holdings
None
Holdings Liquidated
Twitter, Inc.
The net asset value (NAV) of a closed-end fund is the market value of the underlying investments (i.e., stocks and bonds) in the Fund's portfolio, minus liabilities, divided by the total number of Fund shares outstanding. However, the Fund also has a market price; the value at which it trades on an exchange. If the market price is above the NAV the Fund is trading at a premium. If the market price is below the NAV the Fund is trading at a discount.
Performance returns for the Fund are total returns, which includes dividends, and are net of management fees and other Fund expenses. Returns are calculated assuming that a shareholder reinvested all distributions. Past performance cannot predict future investment results.
Performance will fluctuate with changes in market conditions. Current performance may be lower or higher than the performance data shown. Performance information shown does not reflect the deduction of taxes that shareholders would pay on Fund distributions or the sale of Fund shares. Shareholders must be willing to tolerate significant fluctuations in the value of their investment. An investment in the Fund involves risk, including loss of principal.
Sources of distributions to shareholders may include ordinary dividends, long-term capital gains and return of capital. The final determination of the source of all distributions in 2022 for tax reporting purposes will be made after year end. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during its fiscal year and may be subject to changes based on tax regulations. Based on current estimates no portion of the distributions consists of a return of capital. These estimates may not match the final tax characterization (for the full year's distributions) contained in shareholder 1099-DIV forms after the end of the year.
All data is as of May 31, 2022 unless otherwise noted.
Liberty All-Star® Equity Fund
1-800-241-1850
www.all-starfunds.com
libinfo@alpsinc.com
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SOURCE Liberty All-Star® Equity Fund | https://www.mysuncoast.com/prnewswire/2022/06/15/liberty-all-star-equity-fund-may-2022-monthly-update/ | 2022-06-15T15:28:39Z |
The exhibit will examine the L.A.-based movement that transformed popular music and inspired future generations of country and Americana artists
NASHVILLE, Tenn., and LOS ANGELES, June 22, 2022 /PRNewswire/ -- Today, the Country Music Hall of Fame® and Museum announced its next major exhibition with two separate events at the Troubadour in Los Angeles and the museum's Ford Theater in Nashville. The exhibit, Western Edge: The Roots and Reverberations of Los Angeles Country-Rock, presented by City National Bank, will be housed in the museum's newly transformed 5,000-square-foot gallery and open Sept. 30 for a nearly three-year run.
Western Edge will examine the close-knit communities of Los Angeles-based singers, songwriters and musicians who, from the 1960s through the 1980s, embraced country music, frequented local nightclubs, and created and shaped the musical fusion known as "country-rock" – ultimately making an indelible and lasting impact on popular music.
The exhibit will survey the rise of the Byrds, Buffalo Springfield, the Flying Burrito Brothers, Poco, Eagles, Emmylou Harris, Nitty Gritty Dirt Band, Linda Ronstadt and many others who found commercial success by merging rock & roll rhythms and attitude with country and bluegrass instrumentation and harmonies.
These trailblazers' musical contributions were expanded upon by the next generation of Los Angeles roots music performers – the Blasters, Rosie Flores, Los Lobos, Lone Justice, Dwight Yoakam and more – who once again looked to traditional American music for inspiration. Blending hard-edged honky-tonk, Mexican folk music, rockabilly and punk rock, these artists – along with their county-rock predecessors – provided inspiration to future generations of country and Americana artists.
Today's announcement featured special performances by several artists central to the exhibit's narrative:
- Multiple Grammy Award-winner Dwight Yoakam and country-rock luminary Chris Hillman (the Byrds, Flying Burrito Brothers, Desert Rose Band and more) performed "Sin City" and "Time Between" together at the Troubadour in Los Angeles.
- Country Music Hall of Fame member Emmylou Harris sang "The Road," her song in tribute to fellow country-rock pioneer Gram Parsons, at the museum's Ford Theater in Nashville. Harris also joined Jeff Hanna (Nitty Gritty Dirt Band) and country singer and songwriter Matraca Berg onstage for a performance of "Mr. Bojangles" in the museum's theater.
The Western Edge exhibit traces the story of young musicians who, in the 1960s, gravitated to Los Angeles as a bastion of youth-driven counterculture and a rising recording center. New arrivals found a rich local music scene anchored by clubs such as the Ash Grove, which featured young bluegrass bands including the Dillards and the Kentucky Colonels alongside earlier generations of American roots music masters.
Also highlighted in the exhibit is the historical significance of the Troubadour in West Hollywood, which served as an important haven for like-minded artists. It provided a space for creators to collaborate with a healthy dose of competition, spurring one another to write better songs, craft tighter harmonies and master their instruments.
"A new hybrid sound grew from humble beginnings in a few small L.A. nightclubs and quickly emerged as one of the most popular musical styles across the world," said Kyle Young, chief executive officer for the Country Music Hall of Fame and Museum. "Inspired by the likes of Bob Dylan and the Beatles, these artists and musicians also found community in their appreciation of traditional country, folk and bluegrass music. They built on this foundation, crafting songs of uncommon lyrical depth and layered musical richness – adding new textures to rock sounds that resulted in a completely original form of American music."
The museum's curatorial and creative teams have conducted more than 40 hours of filmed interviews and collected an array of significant artifacts from central figures in the musical movement for display in Western Edge. The exhibit will feature stage wear, instruments, original song manuscripts and more. Interactive elements will illustrate the connections between artists that made up the musical communities explored in the exhibit, allowing access to audio recordings, performance clips, original interview footage and historic photographs.
Western Edge's opening weekend will include a pair of one-of-a-kind concerts in the museum's CMA Theater, made possible in part by exhibit travel partner American Airlines:
- Western Edge: Los Angeles Country-Rock in Concert – Friday, Sept. 30, at 7 p.m.
An all-star lineup of musical luminaries associated with country-rock will perform, along with torchbearers who have been influenced by the sounds and artists from the Los Angeles music scene. Performers include Dave Alvin (the Blasters, the Knitters), Alison Brown (in tribute to California bluegrass), Rodney Dillard (the Dillards), Rosie Flores, Richie Furay (Buffalo Springfield, Poco), Jeff Hanna (Nitty Gritty Dirt Band), Chris Hillman (the Byrds, Flying Burrito Brothers, Desert Rose Band), Bernie Leadon (Hearts & Flowers, Flying Burrito Brothers, the Eagles), John McEuen (Nitty Gritty Dirt Band), Wendy Moten (in tribute to Linda Ronstadt) and Herb Pedersen (Desert Rose Band and instrumentalist for Linda Ronstadt, Gram Parsons and many more). The house band will be led by Grammy-winning guitar virtuoso and multi-instrumentalist John Jorgenson and includes JayDee Maness (steel guitar), Steve Duncan (drums) and Mark Fain (bass). More performers to be added. - Desert Rose Band – Sunday, Oct. 2, at 7 p.m.
For the first time in more than a decade, the Desert Rose Band will reunite for a special concert.
In 1986, former member of the Byrds and Flying Burrito Brothers Chris Hillman founded the band with Herb Pedersen and John Jorgensen. The original lineup included Bill Bryson (bass guitar), JayDee Maness (pedal steel guitar) and Steve Duncan (drums). Original members of the band will take the stage for the highly anticipated event, with acclaimed Nashville bassist Mark Fain replacing the late Bill Bryson. The Grammy-nominated group has earned hit singles and won multiple awards from the Academy of Country Music and the Country Music Association.
Tickets to the events will go on sale to the public this Friday, June 24, at 10 a.m. here.
The exhibit will also be supported by multiple educational programs, as well as the release of an illustrated and thoroughly researched book with a main essay by longtime Los Angeles music journalist Randy Lewis, among many other contributors.
More details on the exhibit and the accompanying book will be announced prior to the exhibit's opening. Information and updates about the exhibit can be found at www.CountryMusicHallofFame.org.
- Photos of performances and artifacts featured onstage for download here. (all photos by Brett Carlsen (Nashville) and Kevin Winter (Los Angeles)/Getty Images for the Country Music Hall of Fame and Museum).
- Video performance clips, remarks and b-roll of artifacts are available here.
The Country Music Hall of Fame® and Museum collects, preserves and interprets country music and its history for the education and entertainment of diverse audiences. In exhibitions, publications, digital media and educational programs, the museum explores the cultural importance and enduring beauty of the art form. The museum is operated by the Country Music Foundation, a not-for-profit 501(c)(3) educational organization chartered by the state of Tennessee in 1964. The museum is accredited by the American Alliance of Museums, and is among the most-visited history museums in the U.S. The Country Music Foundation operates Historic RCA Studio B®, Hatch Show Print® poster shop, CMF Records, the Frist Library and Archive and CMF Press. Museum programs are supported in part by Metropolitan Nashville Arts Commission and Tennessee Arts Commission.
More information about the Country Music Hall of Fame® and Museum is available at www.countrymusichalloffame.org or by calling (615) 416-2001.
With $90.9 billion in assets, City National Bank provides banking, investment and trust services through 74 branches, including 22 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville, Atlanta, Washington, D.C. and Miami*. In addition, the company and its investment affiliates manage or administer $80.6 billion in client investment assets. City National is a subsidiary of Royal Bank of Canada (RBC), one of the world's leading diversified financial services companies. RBC serves more than 17 million personal, business, public sector and institutional clients through offices in Canada, the United States and 27 other countries. For more information about City National, visit the company's website at cnb.com.
*City National Bank does business in Miami and the state of Florida as CN Bank.
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SOURCE Country Music Hall of Fame and Museum | https://www.wibw.com/prnewswire/2022/06/23/country-music-hall-fame-museum-announces-next-major-exhibition-western-edge-roots-reverberations-los-angeles-country-rock-presented-by-city-national-bank/ | 2022-06-23T03:59:49Z |
Tax ‘Holiday’ helps usher in school year
TALLAHASSEE, Fla. (News Service of Florida) — As summer break winds down and students gear up for the academic year, a back-to-school tax “holiday” on items such as clothes and school supplies is set to begin Monday.
Sales-tax exemptions on school-related purchases will run through Aug. 7. The holiday, which has become something of an annual event, was part of a broader $800 million tax package that Gov. Ron DeSantis signed in May. The package also included tax breaks on such things as hurricane supplies, outdoor goods, diapers, children’s clothing and books.
During the back-to-school holiday, most school supplies that cost $50 or less will be exempt from sales taxes.
The holiday also will apply to clothing, shoes and accessories selling for $100 or less and learning aids and jigsaw puzzles that cost $30 or less. Sales taxes also won’t be collected on some big-ticket items, such as personal computers selling for $1,500 or less.
Scott Shalley, president of the Florida Retail Federation, told The News Service of Florida that consumers should expect some retailers to provide additional savings.
“A lot of our retailers are going to be offering sales alongside the sales-tax holiday and really try to motivate people to get out and shop,” Shalley said. “We are at a time of high inflation, and you have got to spread the dollar as far as you can.”
Shalley called the tax holiday a “great break for the consumer.”
“While there is some discretionary spending, there are things that need to be bought, that the students need to have to go back to school. So, it’s a really important holiday,” Shalley said.
The research group Florida TaxWatch estimated that the back-to-school tax holiday could save Florida consumers $100 million.
“In 2022, a year already defined by record and rampant inflation, Florida TaxWatch can certainly appreciate the savings this sales-tax holiday will once again generate, but we are also hopeful that parents will view it as an opportunity to help their children — students of all ages — get excited about all they will learn and achieve in school,” TaxWatch President and CEO Dominic Calabro said in a statement Wednesday.
Lawmakers were flush with cash this year, which helped them provide tax breaks.
The sales-tax exemption for children’s books started in May and will continue through Aug. 14. Intended to give consumers a break on reading materials primarily for children 12 and younger, it applies to purchases of picture books, books for beginning readers and middle-grade books.
Under an exemption that started at the beginning of July, sales tax on diapers and clothing for babies and toddlers will be waived through June 30, 2023.
Also, lawmakers approved a sales-tax exemption that will run through June 30, 2024 on purchases to harden homes against potentially damaging storms. In addition, an exemption on purchases of energy-efficient appliances will last through June 30, 2023.
A one-week sales tax exemption on home-improvement supplies — dubbed by lawmakers as the “tool time” holiday — will start Sept. 3. Also, the state’s 25-cents-a-gallon gasoline tax will be suspended for the month of October.
Around the June 1 start of hurricane season, the state held a tax holiday for purchases of disaster-preparedness supplies. It also held a “Freedom Week” tax holiday around July 4 on various recreational and entertainment purchases.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/21/tax-holiday-helps-usher-school-year/ | 2022-07-21T21:17:11Z |
NEW YORK, July 7, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Apyx Medical Corporation ("Apyx" or the "Company") (NASDAQ: APYX) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Apyx investors who were adversely affected by alleged securities fraud between May 12, 2021 and March 11, 2022. Follow the link below to get more information and be contacted by a member of our team:
APYX investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, the Company was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, the Company's financial results would be adversely impacted; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
WHAT'S NEXT? If you suffered a loss in Apyx during the relevant time frame, you have until August 5, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/07/07/apyx-lawsuit-alert-levi-amp-korsinsky-notifies-apyx-medical-corporation-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-07T10:47:18Z |
- With this approval, Benuvia has begun focusing on four primary psychedelic ingredients: Psilocybin, N,N-Dimethyl-5-Methoxy-Tryptamine (5-MeO DMT), Dimethyltryptamine (DMT), and 3,4-Methylenedioxymethamphetamine, or MDMA
- Benuvia will manufacture psychedelic APIs in its 83,000 square foot manufacturing facility that is permitted by the US DEA for Schedule I to III Controlled Substances, and is FDA registered and a cGMP facility
- Benuvia is positioning itself to become a leading global supplier of psychedelic active pharmaceutical ingredients (APIs), complementing its established portfolio of cannabinoid APIs
ROUND ROCK, Texas, May 16, 2022 /PRNewswire/ -- Benuvia, Inc., a drug developer and manufacturer of APIs focused on cannabinoids, with a growing portfolio of drug products and intellectual property, that has previously announced the signing of a definitive agreement with Pono Capital Corp (Nasdaq: PONOU), announced today that it has added to its expanding psychedelic manufacturing capabilities by adding a new set of Schedule I controlled substances to its U.S. Drug Enforcement Administration Bulk Manufacturing registration under the U.S. Controlled Substance Act (CSA). With this approval, Benuvia has begun focusing on four primary psychedelic ingredients: Psilocybin, N,N-Dimethyl-5-Methoxy-Tryptamine (5-MeO DMT), Dimethyltryptamine (DMT), and 3,4-Methylenedioxymethamphetamine, or MDMA.
In addition to its drug development business, Benuvia offers cannabinoid and psychedelic contract development and manufacturing services for APIs and drug products and has an industry-leading track record of producing cannabinoid APIs under commercial drug master files (DMFs) that are referenced in approved pharmaceutical New Drug Applications. Benuvia operates in full compliance with global pharmaceutical regulatory standards and utilizes its DMFs as well as extensive regulatory experience to aid pharmaceutical companies in gaining regulatory approval of new and improved therapies to treat, cure, or prevent diseases.
"We are excited to announce our approval by the DEA to manufacture Psilocybin, MDMA and DMT for emerging providers of psychedelic-based drugs focused on neural and mental illness indications," said Joe Shupp, Chief Commercial Officer. "As pharmaceutical companies become more aware of the positive effects of cannabinoids and psychedelic compounds for therapeutic use, the demand for APIs is expected to grow. Our diversified portfolio of APIs and entry into the development of novel psychedelic compounds aims to strengthen Benuvia's position as a drug developer and provider of APIs focused on cannabinoids and psychedelics."
This approval will also enable Benuvia to advance its life cycle management services to drug developers for their psychedelic development programs. Benuvia intends to develop novel intellectual property formulations of these psychedelic compounds, and will provide full toxicology, chemistry, manufacturing and controls, or CMC, and full data analysis. In addition, Benuvia, through its partners, intends to manage all research and development, manufacturing, analytical methods, intellectual property capture, placebo manufacture, randomization, and assistance with clinical trials. This will enable Benuvia to create custom technologies that allow rapid and cost-effective scale up of commercial operations for production in anticipation of research success.
Benuvia is positioned to become a global supplier of cannabinoid APIs, complemented by its emerging portfolio of psychedelic APIs. As it develops long-term partnerships with developers and suppliers, leveraging its broad platform of development, formulations, and process technologies for life cycle management of drug development and APIs, Benuvia will enable its partners to expediate the development and production of their drug products.
About Benuvia, Inc.
Benuvia, Inc. is a drug developer and manufacturer of APIs focused on cannabinoids and psychedelics, with a growing portfolio of drug products and intellectual property. Benuvia owns the FDA approved cannabinoid drug SYNDROS® (dronabinol oral solution CII). SYNDROS® is FDA approved for chemotherapy-induced nausea and vomiting ("CINV"), in adult cancer patients who have failed to respond adequately to conventional anti-nausea medicines, and loss of appetite (anorexia) in adult patients with acquired immune deficiency syndrome ("AIDS"). Benuvia is pursuing the 505(b)(2) regulatory pathway with the FDA for Investigational New Drugs for its dronabinol oral solution, with a focus on large opportunities that have significant unmet needs with industry research and studies supporting targeted efficacy endpoints. Benuvia manufactures APIs in its 83,000 square foot cannabinoid and psychedelic manufacturing facility that is permitted by the US DEA for Schedule I to III Controlled Substances, is FDA registered and a cGMP facility. Benuvia has a robust portfolio of patents and patents pending and is pursuing new intellectual properties for its drug products.
About Pono Capital Corp
Pono Capital Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. In August 2021, Pono Capital Corp consummated a $116 million initial public offering of 11.6 million units (reflecting the underwriters' exercise of their over-allotment option in full), each unit consisting of one of the Company's Class A ordinary shares and three-quarters of one warrant, each whole warrant enabling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Pono Capital Corp's securities are quoted on Nasdaq under the ticker symbols PONOU, PONO and PONOW.
Additional Information and Where to Find It
Pono Capital Corp intends to file with the SEC a registration statement on Form S-4 with a proxy statement containing information about the proposed transaction and the respective businesses of Benuvia and Pono Capital Corp. Pono Capital Corp will mail a final prospectus and definitive proxy statement and other relevant documents after the SEC completes its review. Pono Capital Corp stockholders are urged to read the preliminary prospectus and proxy statement and any amendments thereto and the final prospectus and definitive proxy statement in connection with the solicitation of proxies for the special meeting to be held to approve the proposed transaction, because these documents will contain important information about Pono Capital Corp, Benuvia, and the proposed transaction. The final prospectus and definitive proxy statement will be mailed to stockholders of Pono Capital Corp as of a record date to be established for voting on the proposed transaction. Stockholders of Pono Capital Corp will also be able to obtain a free copy of the proxy statement, as well as other filings containing information about Pono, without charge, at the SEC's website (www.sec.gov) or by calling 1-800-SEC-0330. Copies of the proxy statement and Pono Capital Corp's other filings with the SEC can also be obtained, without charge, by directing a request to: info@Ponospac.com. The information contained in, or that can be accessed through, Benuvia's website is not incorporated by reference in, and is not part of, this press release.
No Offer or Solicitation
This press release does not constitute (i) a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination, or (ii) an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of the U.S. Securities Act.
Participants in the Solicitation
Benuvia and Pono Capital Corp and their respective directors and officers and other members of management and employees may be deemed participants in the solicitation of proxies in connection with the proposed business combination. Pono Capital Corp stockholders and other interested persons may obtain, without charge, more detailed information regarding directors and officers of Pono Capital Corp in Pono Capital Corp's initial public offering prospectus, which was declared effective the SEC on August 10, 2021. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies from Pono Capital Corp's stockholders in connection with the proposed business combination will be included in the definitive proxy statement/prospectus the Pono Capital Corp intends to file with the SEC.
Caution Concerning Forward-Looking Statements
Certain statements herein are "forward-looking statements" made pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. In some cases, you can identify forward-looking statements through the use of words or phrases such as "may", "should", "could", "predict", "potential", "believe", "will likely result", "expect", "continue", "will", "anticipate", "seek", "estimate", "intend", "plan", "projection", "would" and "outlook", or the negative version of those words or phrases or other comparable words or phrases of a future or forward-looking nature, but the absence of such words does not mean that a statement is not forward-looking. These forward-looking statements are not historical facts and are based upon estimates and assumptions that, while considered reasonable by Pono Capital Corp and its management, and Benuvia and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of negotiations and any subsequent definitive agreements with respect to the proposed business combination; (2) the outcome of any legal proceedings that may be instituted against Pono Capital Corp, Benuvia, the combined company or other following the announcement of the proposed business combination and any definitive agreements with respect thereto; (3) the inability to complete the proposed business combination due to the failure to obtain approval of the stockholders of Pono Capital Corp, to obtain financing to complete the proposed business combination or to satisfy other conditions to closing; (4) changes to the proposed structure of the proposed business combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the proposed business combination; (5) the ability to meet stock exchange listing standards following the consummation of the proposed business combination; (6) the risk that the proposed business combination disrupts current plans and operations of Pono Capital Corp or Benuvia as a result of the announcement and consummation of the proposed business combination; (7) the ability to recognize the anticipated benefits of the proposed business combination, which may be affected by, among other things, competition and the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and retain its management and key employees; (8) costs related to the proposed business combination; (9) changes in applicable laws or regulations and delays in obtaining, adverse conditions contained in, or the inability to obtain regulatory approvals required to complete the proposed business combination; (10) Benuvia's estimates of expenses and profitability and underlying assumptions with respect to stockholder redemptions and purchase price and other adjustments; (11) Benuvia's inability to market its existing drug and develop new drugs for FDA approval; (12) the addressable market Benuvia intends to target does not grow as expected; (13) increased regulatory costs and compliance requirements in connection with drug development; (14) Benuvia's inability to expand and diversify its manufacturing customer base; (15) the loss of any key executives; (16) the loss of any relationships with key partners; (17) the loss of any relationships with key suppliers; (18) the inability to protect Benuvia's patents and other intellectual property; (19) lower than expected adoption rates for SYNDROS®; (20) new FDA approved drugs that compete with Benuvia in targeted indications; (21) the inability to initiate and increase engagement with distributors; (22) fluctuations in results of Benuvia's major manufacturing customers; (23) Benuvia's ability to execute its business plans and strategy; (24) Benuvia's ability to maintain sufficient inventory and capacity to meet customer demand; (25) Benuvia's inability to deliver expected cost and manufacturing efficiencies; (26) general economic conditions and geopolitical uncertainty; and (27) other risks and uncertainties indicated from time to time in other documents filed or to be filed with the SEC by Pono Capital Corp. See "Risk Considerations" in the corporate presentation, which will be provided in a Current Report on Form 8-K to be filed by Pono Capital Corp with the SEC and available at www.sec.gov.
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SOURCE Benuvia | https://www.mysuncoast.com/prnewswire/2022/05/16/benuvia-drug-developer-focused-pharmaceutical-cannabinoids-owner-fda-approved-syndros-receives-approval-us-dea-manufacture-psychedelic-active-pharmaceutical-ingredients-including-psilocybin-mdma-dmt/ | 2022-05-16T12:45:14Z |
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ALBANY ─ The AMA Art Lovers Book Club opens its fourth season at 6 p.m. on July 19 with a discussion of "Provenance: How a Con Man and a Forger Rewrote the History of Modern Art," a book about the biggest art fraud scheme of the 20th century.
While "Provenance" reads like a thriller novel, complete with an intricate plot and unusual characters, the book, written by the wife-and-husband investigative reporting team of Laney Salisbury and Aly Sujo, details real-life events that rocked the art world.
The AMA Art Lovers Book Club meets in the Willson Auditorium at the Albany Museum of Art at 311 Meadowlark Drive. There is no formal membership, and the event is free and open to the public. Every other month on the third Tuesday, participants enjoy a favorite beverage and snacks as they explore interesting books that have a connection to the art community.
“This isn’t a whodunit novel, but a riveting, true-life ‘howtheydunit’ story,” Albany Museum of Art Director of Education and Public Programming Annie Vanoteghem said. “This narrative gives an in-depth look at how two men — a clever con artist and a talented art forger — stunned the art world with their successful schemes.”
When John Drewe, a British native who faked a physics Ph.D. to gain a job teaching physics at an English private school, lost that position in 1985, he met a struggling artist named John Myatt, launching a decade of deceit. Myatt had placed an advertisement in a publication offering to create “genuine fakes” for 150 British pounds, and Drewe became one of his customers.
“At first, Drewe convinced Myatt to paint copies of artworks for his home, but then he talked Myatt into joining his forgery scheme,” Vanoteghem said. “He created false provenance and paper trails for Myatt’s paintings with made-up invoices and certificates of authenticity.
“He paid friends who were down on their luck to sign documents as ‘previous owners’ of some of the artworks, created people who never existed, tricked relatives of real artists into authenticating some works, and utilized records of deceased people. He even conned his way into accessing the letter archives of the Institute of Contemporary Arts in London, allowing him to introduce false records into the archives. All of that created false histories so the artworks didn’t seem to just appear out of nowhere.”
Once Myatt was on board with the scheme, he used techniques to “age” his new paintings so that they appeared to be much older. He created paintings in the styles of artists such as Pablo Picasso, Claude Monet, Roger Bissière, Marc Chagall, Le Corbusier, Jean Dubuffet, Alberto Giacometti, Matisse, Ben Nicholson, Nicolas de Staël and Graham Sutherland.
The illicit enterprise came to an end in 1995. While Drewe reportedly made 1.8 million British pounds (more than $2 million) with his schemes, Myatt has said he received about $165,000 of the total take. He agreed to testify against Drewe at his trial in 1998. Myatt ended up serving four months of a one-year sentence for his role in the scheme, while Drewe served two years of his six-year sentence. Drewe would be sentenced to eight years in prison in 2012 for conning an elderly widow out of 700,000 British pounds, about $1.1 million.
“Many of the forgeries are still out there,” Vanoteghem noted. “Myatt is supposed to have painted more than 200 artworks, but he has said only about 80 of them have been recovered.”
Myatt has since turned his talents into a legitimate business similar to the one he was trying to start in 1985. He sells his “genuine fakes” to collectors who are looking for affordable alternatives to expensive artworks. A fictionalized book about his experiences with Drewe, titled "Genuine Fakes," has been released and is reportedly being made into a movie.
Other dates and titles for season four of the AMA Art Lovers Book Club are:
-- Sept. 20: "William H. Johnson: Truth Be Told," written by Steve Turner;
-- Nov. 15: "Hidden in the Shadow of the Master: The Model-Wives of Cézanne, Monet, and Rodin," written by Ruth Butler;
-- Jan. 17: "In the Full Light of the Sun," written by Claire Clark;
-- March 21: "Just Give Me a Cool Drink of Water 'Fore I Diiie," written by Maya Angelou;
-- May 16: "Love in the Time of Cholera," written by Gabriel García Márquez.
All book club meetings start at 6 p.m. at the Albany Museum of Art. Information about the AMA Art Lovers Book Club may be found at www.albanymuseum.com/book-club.
The Albany Museum of Art is located at 311 Meadowlark Drive, adjacent to Albany State University West Campus just off Gillionville Road. The museum is accredited by the American Alliance of Museums and is open to the public 10 a.m.-5 p.m. Tuesdays through Saturdays. Admission is free. | https://www.albanyherald.com/entertainment/arts_theatre/art-lovers-book-club-set-to-launch-new-season/article_08754092-01dd-11ed-90f7-b77b9cada935.html | 2022-07-12T13:55:54Z |
STOCKHOLM, June 8, 2022 /PRNewswire/ --
Background
This statement is made by the Board of Directors (the "Board") of Haldex Aktiebolag ("Haldex" or the "Company") pursuant to Section II.19 of Nasdaq Stockholm's Takeover Rules (the "Takeover Rules").
SAF-HOLLAND SE ("SAF-HOLLAND") has today announced a public cash offer to Haldex's shareholders to transfer their shares in Haldex to SAF-HOLLAND (the "Offer"). Under the terms of the Offer, SAF-HOLLAND is offering SEK 66 per Haldex share in cash (the "Offer Price"), which values the issued share capital of Haldex at approximately SEK 3.2 billion. SAF-HOLLAND has stated that the Offer Price is the best and final and it will not be increased. The Offer Price represents a premium of approximately:
- 46.5 per cent to the closing price of SEK 45.05 of the Haldex shares on Nasdaq Stockholm on 7 June 2022, the last trading day before the announcement of the Offer;
- 66.0 per cent to the volume-weighted average share price of the Haldex shares on Nasdaq Stockholm during the last month prior to 8 June 2022; and
- 64.8 per cent to the volume-weighted average share price of the Haldex shares on Nasdaq Stockholm during the last three months prior to 8 June 2022.
The acceptance period of the Offer is expected to commence around 4 July 2022 and expire around 16 August 2022, subject to any extensions.
Completion of the Offer is conditional upon, among other things, SAF-HOLLAND becoming the owner of more than 90 per cent of the total number of shares in Haldex and the receipt of all necessary regulatory, governmental or similar clearances, approvals and decisions, including from competition authorities, in each case on terms which, in SAF-HOLLAND's opinion, are acceptable. SAF-HOLLAND has reserved the right to waive these and other conditions for completion of the Offer.
SAF-HOLLAND has acquired 14.1 per cent of the outstanding shares in Haldex of which 9.2 per cent of the outstanding shares have been acquired from Knorr-Bremse AG.
Athanase Industrial Partners (2,690,292 shares, 5.5 per cent of the outstanding shares), Fjärde AP-fonden (3,105,224 shares, 6.4 per cent of the outstanding shares), Afa Försäkring (3,281,834 shares, 6.7 per cent of the outstanding shares), and Nordea Asset Management (1,856,493 shares, 3.8 per cent of the outstanding shares), have undertaken to accept the Offer, subject to certain conditions. A total of 10,933,843 shares in Haldex, corresponding to 22.5 per cent of the outstanding shares, are thus subject to the irrevocable undertakings. Please refer to the announcement of the Offer for more information about these acceptance undertakings and SAF-HOLLAND's shareholding in Haldex.
At the written request of SAF-HOLLAND, the Board has permitted SAF-HOLLAND to conduct a customary confirmatory due diligence review of Haldex in connection with the preparation of the Offer. SAF-HOLLAND has not received any inside information in connection with such review.
Haldex has retained Lazard as financial adviser and Mannheimer Swartling as legal adviser in relation to the Offer.
Lenner & Partners Corporate Finance AB ("Lenner & Partners") has, at the request of the Board, provided an opinion according to which the Offer is fair to Haldex's shareholders from a financial point of view (subject to the assumptions and considerations set out in the opinion) (the "Opinion"). The Opinion is attached to this statement. Lenner & Partners will receive a fixed fee for providing the Opinion, which is not contingent on the size of the Offer consideration, the acceptance level of the Offer or whether it is completed.
The board member Detlef Borghardt has not participated in the Board's handling of or resolutions in respect of the Offer as a result of his shareholding in SAF-HOLLAND. Furthermore, as a result of Athanase Industrial Partners having undertaken to accept the Offer subject to certain conditions, the board member Stefan Charette has not participated in the Board's resolution in respect of this statement.
The Board's evaluation of the Offer
In assessing the merits of the Offer, the Board has taken a number of factors into account, including the Company's current financial position, prevailing market conditions and challenges in the markets where the Company operates, the Company's growth prospects as well as risks and challenges related thereto. The Board has also considered valuation methods normally used in evaluating public takeover offers for listed companies, including the value of the Offer relative to comparable listed companies and comparable transactions, premiums in previous public takeover offers for listed companies, the stock market's expectations in respect of Haldex and the Board's view on Haldex's long-term value based on expected future cash flows.
In 2021 Haldex announced a renewed strategy for 2025. In connection with the renewed strategy, the Board decided to update the financial growth target to organically grow faster than the company's end markets. The Board is of the opinion that Haldex, being an independent partner in the value chain and in the forefront of new technology, is well underway to positioning itself for future profitable growth. In arriving at its recommendation, the Board has also assessed the risks in different scenarios for Haldex as an independent listed company, including the risks associated with executing against the renewed strategy. In particular, the market where Haldex is active has undergone consolidation over the past years and Haldex's business is of smaller scale compared to its major competitors. The Board believes that this poses risks to the Company and its ability to realize the full potential of its growth prospects.
Furthermore, the Board has also taken into consideration that a combination between SAF-HOLLAND and Haldex, being two companies of equal strengths, has a compelling strategic rationale and will create value for our customers and employees. The combined activities, which is highly complementary from a regional presence and product portfolio perspective, will establish a strong global player in the commercial vehicle industry. A combination of two strong brands and capabilities will enable Haldex to strengthen its business.
The Board notes in this context that SAF-HOLLAND has acquired Knorr-Bremse AG's shares in Haldex, representing approximately 9.2 per cent of shares in the Company, and that shareholders representing in aggregate 22.5 per cent of shares in the Company have undertaken to accept the Offer.
Under the Takeover Rules the Board is required, on the basis of SAF-HOLLAND's statements in the announcement of the Offer, to make public its opinion of the effects the implementation of the Offer may have on Haldex, specifically employment, and its views on SAF-HOLLAND's strategic plans for Haldex and the effect these may be expected to have on employment and the places where Haldex carries on its business. SAF-HOLLAND has in this respect stated that:
"SAF-HOLLAND highly values the strength of the Haldex brand and competence of the Haldex management and employees, and intends to continue to safeguard the excellent relationship that Haldex has to its employees. It is the current intention of SAF-HOLLAND to retain the operations of Haldex intact, without significant changes to Haldex's or SAF-HOLLAND's employees and management or to the existing organization and operations of Haldex or SAF-HOLLAND, including the terms of employment and locations of the business. Any specific initiatives to be implemented pursuant to the integration will be determined following completion of a detailed review of the combined business of SAF-HOLLAND and Haldex in the period following the completion of the Offer. Before completion of the Offer, it is too early to say which initiatives will be taken and the impact these would have."
The Board assumes that this description is accurate and has in relevant aspects no reason to take a different view.
In its overall assessment, the Board believes that the Offer provides an opportunity for shareholders to monetise their shareholdings today at a fair cash price, free of the risks and challenges associated with executing against the Board's medium and long-term strategy set out above. Based on the above, the Board unanimously recommends that Haldex's shareholders accept the Offer.
This statement shall in all respects be governed by and construed in accordance with substantive Swedish law. Disputes arising from this statement shall be settled exclusively by Swedish courts.
Landskrona, 8 June 2022
Haldex Aktiebolag (publ)
The Board of Directors
For further information, please contact:
Håkan Karlsson, Chairman
Jenny Boström, Investor Relations Manager
Phone: +46 768 85 1508
E-mail: ir@haldex.com
This is information that Haldex is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 7.15 a.m. CEST on 8 June 2022.
About Haldex
Over 100 years of powerful innovation gives Haldex unsurpassed expertise when it comes to braking systems and air suspension systems for heavy trucks, trailers, and buses. We live and breathe our business with the goal to deliver robust and technically superior solutions which is founded in a deep insight in our customer's reality. Through focusing on our core competences and the passion we all share, we achieve the agility and flexibility that the market demands. Innovative collaborations aren't only the core of our products, but our philosophy. Our 2 000 employees, spread out across four continents, challenge the conventional on a daily basis in order to secure that the products we deliver create a unique value to our customers and the end users. We are listed on Nasdaq Stockholm and have a turnover of approx. 4.6 billion SEK.
Lenner & Partners' Fairness Opinion, dated 7 June 2022
To the of the Board of Directors of Haldex AB (publ)
SAF-Holland (1) intends to announce a public cash offer to the shareholders of Haldex AB ("Haldex") to acquire all outstanding shares.
The consideration to be offered to the shareholders in Haldex values each Haldex share at SEK 66.0 and the total cash offer value amounts to approximately SEK 3,209 million (2) (the "Offer").
The Board of Directors of Haldex has engaged Lenner & Partners Corporate Finance AB ("Lenner & Partners") to provide an opinion, as to the fairness, from a financial point of view, of the Offer proposed to be received by the shareholders of Haldex.
In the analysis of the Offer, Lenner & Partners has reviewed the following (but not exclusively):
- publicly available information, such as annual reports, interim reports and broker reports regarding Haldex;
- trading statistics, financial and stock market related information concerning Haldex and similar information for certain other comparable companies;
- selected mergers and acquisitions deemed comparable to the Offer;
- limited internal information and forward-looking information;
- discussions with the management of Haldex;
- the Offer and a draft of the press release from SAF-Holland.
Lenner & Partners' fairness opinion is based on several generally accepted valuation methods that are typically used in this type of analysis. The analyses have been produced solely to enable Lenner & Partners to provide the Board of Directors of Haldex with a fairness opinion whether or not the Offer is fair from a financial point of view.
Lenner & Partners' assignment does not include expressing an opinion on the relative merits of the Offer as compared to any alternative business strategies that might exist for Haldex, including whether any other transaction would potentially be more favourable for the shareholders of Haldex, or the effect of any other transaction in which Haldex might engage.
Lenner & Partners has not conducted a due diligence in order to control or verify the received information. Lenner & Partners has relied on the information received from Haldex. The information is assumed to be true, fair and complete.
Lenner & Partners' opinion is based on current market, economic, financial and other conditions as in effect on, and upon the information made available as of the date hereof. Any change in such conditions or information may require a revaluation of this opinion. Although subsequent developments may affect this opinion, Lenner & Partners assumes no obligation to update, revise or reaffirm this opinion.
Lenner & Partners' fairness opinion has been provided as information and documentation to the Board of Directors of Haldex. This fairness opinion is not a recommendation whether or not shareholders in Haldex should tender their shares in the Offer.
Lenner & Partners will be paid a fixed fee for this fairness opinion and the fee is not dependent on the outcome of the public Offer.
Based on above and other circumstances, that Lenner & Partners considers being relevant, Lenner & Partners' opinion, as per the date hereof, is that the Offer is fair from a financial point of view for the shareholders in Haldex.
Swedish law is applicable on this fairness opinion.
This is a translation of the fairness opinion written in Swedish. It is for information purposes only and does not constitute a part of the opinion. For the avoidance of doubt, in the case of any inconsistency or ambiguity between the Swedish language version and the English translation, the Swedish language version shall prevail.
Lenner & Partners Corporate Finance AB
Lars Lenner Tom Wikström
(1) SAF-HOLLAND SE ("SAF-Holland"), a European stock corporation incorporated under German Law, serving as the principal holding entity of the various subsidiaries and the worldwide business of SAF-HOLLAND group.
(2) Based on approximately 48.6 million shares in Haldex (excluding 11,705 held in treasury).
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SOURCE Haldex | https://www.mysuncoast.com/prnewswire/2022/06/08/statement-by-board-directors-haldex-relation-public-cash-offer-by-saf-holland/ | 2022-06-08T06:01:31Z |
LONDON (AP) — The British government on Friday defended its Ukraine refugee policy but acknowledged there had been frustrating delays after disclosing that only 12,000 Ukrainians fleeing the war have arrived in the U.K.
Government figures showed that of the total number of arrivals, only 1,200 came as part of the Homes for Ukraine program set up to match refuges with volunteer hosts. The other 10,800 came to join family members in Britain.
In comparison, neighboring Ireland, which has one tenth the U.K. population, has already taken in more than 20,000 refugees from the war in Ukraine.
About 200,000 people and groups in the U.K. have offered to accommodate Ukrainians as part of Homes for Ukraine. Some say they have never heard back, while others report slow progress navigating red tape and the checks the government is conducting on volunteer hosts.
Refugee Council chief executive Enver Solomon accused the government of “choosing control over compassion” and said Britons who are prepared to open up their homes have been left feeling “angry and frustrated that their gesture of support has been lost into a web of bureaucracy and chaos.”
Opposition parties and refugee groups also have criticized the Conservative government for insisting on visas for Ukrainians, which many countries in Europe and waived.
The government says visa checks are needed to ensure people are who they say there are. It said that as of Thursday, about 79,800 applications had been submitted and 40,900 visas had been granted.
“The whole process is taking far too long. Complicated visa schemes have delayed or deterred many people from seeking safety in the U.K,” said Alex Fraser, director of refugee support at the British Red Cross.
Richard Harrington, appointed the U.K.’s new refugee minister a month ago, this week conceded that the program had got off to a ”slow and bureaucratic” start.
Home Secretary Priti Patel acknowledged feeling “frustration” and said she was working to streamline the process. But she defended the visa rules.
“We want to give people the status and security of coming to our country along with the warm welcome,” Patel told the BBC. “We have to ensure that they are protected and safeguarded in the United Kingdom as well.” | https://cw33.com/news/international/ap-international/uk-defends-ukraine-refugee-policy-amid-anger-at-slow-pace/ | 2022-04-09T14:07:26Z |
PORTLAND, Ore., July 20, 2022 /PRNewswire/ -- Umpqua Holdings Corporation (NASDAQ: UMPQ) today announced that its Board of Directors has approved a quarterly cash dividend in the amount of $0.21 per common share. The dividend is payable on August 15, 2022, to shareholders of record as of August 1, 2022.
About Umpqua Holdings Corporation
Umpqua Holdings Corporation (NASDAQ: UMPQ) headquartered in Portland, Oregon, is the parent company of Umpqua Bank, an Oregon-based regional bank with locations across Oregon, Washington, California, Idaho and Nevada. Umpqua Bank has been recognized for its innovative customer experience and banking strategy by national publications including The Wall Street Journal, The New York Times, BusinessWeek, Fast Company and CNBC. The company was named #1 in Customer Satisfaction for the Northwest Region in the J.D. Power 2021 U.S. Retail Banking Satisfaction StudySM, and Forbes consistently ranks Umpqua as one of America's Best Banks. The Portland Business Journal has also recognized Umpqua as the Most Admired Financial Services Company in Oregon for seventeen consecutive years. In addition to its retail and commercial banking presence, Umpqua Bank owns Financial Pacific Leasing, Inc., a nationally recognized commercial finance company that provides equipment leases to businesses. For more information, visit umpquabank.com.
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SOURCE Umpqua Holdings Corporation | https://www.wibw.com/prnewswire/2022/07/20/umpqua-holdings-announces-021-per-common-share-dividend/ | 2022-07-20T21:43:59Z |
Customers expected to make 700,000 table bookings per year using artificial intelligence
LONDON, June 29, 2022 /PRNewswire/ -- PolyAI, a leading provider of enterprise voice assistants today announces the launch of a Digital Host for Whitbread PLC's Beefeater restaurants - a new industry-leading voice assistant taking table bookings over the phone at all 173 Beefeater locations across the UK.
The Whitbread Digital Host from PolyAI can speak with customers in natural language, allowing free-flowing, natural conversations. The Digital Host takes table reservations over the phone and can answer a whole range of questions about the brand as well as specific questions about the local restaurant.
The Beefeater brand operates over 170 restaurants across the UK. The Digital Host can understand callers with even the strongest of regional accents, meaning Beefeater guests can be understood whoever they are or wherever they're from.
The Digital Host is expected to spend 2.25 million minutes per year speaking with customers on the phone, freeing up staff to better assist guests on the restaurant floor.
The Whitbread Digital Host by PolyAI is a bespoke system that began trials prior to the outbreak of COVID-19. Whitbread was looking for a solution that would prevent missed calls and relieves restaurant staff from having to answer calls whilst serving guests.
Simon Ewins, Managing Director for Whitbread Hotels & Restaurants said: "The introduction and launch of the new Digital Host by PolyAI across our Beefeater restaurants is an exciting development for our business and has come at a key time. It has meant that our teams have been able to focus on what they do best - delivering excellent guest care.
The team at PolyAI have worked in partnership with us to develop a system that is unique to Whitbread, and we look forward to seeing how our business, guests and teams can benefit from the new service."
Nikola Mrksic, CEO and Co-Founder of PolyAI said: "We are thrilled to be working with Whitbread. PolyAI is obsessed with delivering better customer experiences and so is Whitbread. Together we have been able to deliver a game-changing voice assistant with customer experience at its core."
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SOURCE PolyAI | https://www.mysuncoast.com/prnewswire/2022/06/29/whitbread-plc-deploys-polyai-voice-assistant-enhanced-guest-service/ | 2022-06-29T17:22:04Z |
COLUMBUS, Ohio (WCMH) – We use pronouns every day. When you think of pronouns, you probably think of “he” referring to a man and “she” referring to a woman. However, pronouns go beyond a traditional scope, and understanding them is pivotal to respecting others, especially in the LGBTQ+ community.
Zac Boyer, the director of programs and marketing at Stonewall Columbus, uses they/them pronouns. Boyer said assuming an individual’s pronouns based on their appearance or name can be inaccurate and harmful. Further, people of trans experience or non-binary people don’t know that others understand their identity unless there’s an effort to learn their pronouns.
“The way that you show respect is through the words that you use,” Boyer said.
Grasping pronouns begins with understanding the concept that there are more than two genders and more than two sets of pronouns, Boyer said. When you ask someone their pronouns, they may say “she/her,” “he/him,” “they/them,” “she/they,” “he/they” and more.
People’s pronouns are entirely up to them and their identity, and there are many combinations that can make up their pronouns. When individuals have pronouns such as “she/they,” either is acceptable to the person and can often be interchanged.
So, how do we learn to talk to others about their pronouns? Getting used to speaking this way will not happen overnight, Boyer said, as the process of trying to be more respectful and inclusive is intentional work.
Boyer encourages everyone to incorporate a simple interaction like this into conversations with people we meet: “It’s nice to meet you. I use he/him pronouns. What pronouns do you use?”
While these interactions may feel uncomfortable, Boyer said the repetition will normalize talking about them and foster inclusivity in everyday spaces.
“Oftentimes, non-binary and trans identities aren’t going to be surface level,” Boyer said. “By doing something that might be a little uncomfortable in the moment, you could open the door to someone feeling more comfortable to be open about their authentic identity.”
It’s important to remember pronouns are not just for people of trans experience or for non-binary individuals. Each of us has the opportunity to foster inclusivity by telling others our pronouns.
Additional ways to tell others your pronouns are to include them in spaces online, such as your email signature or your social media profiles.
Boyer advises not to be overly dramatic if you make a mistake and use the wrong pronouns when speaking about someone. Pause, apologize, then use the correct pronoun. If you notice the individual is deeply affected by your mistake, make a note to have a conversation with them later in private. Again, keep it simple and say, “I’m so sorry. I’m going to keep working on this,” Boyer suggests.
For individuals who want to communicate to their friends and family that their pronouns have changed, Boyer said those conversations take a balancing of emotional labor.
“Coming out is not a one-and-done deal. It’s everyday interactions with baristas, with your colleagues, with someone you just met at a conference,” Boyer said. “So, understand that you need to balance the emotional labor you can take. If you don’t have it in you that day, then it’s OK – it doesn’t take away from your identity.”
View more information and resources on pronouns from Stonewall Columbus here. | https://cw33.com/news/pronoun-choice-why-it-matters-to-some-in-lgbtq-community/ | 2022-06-13T23:01:53Z |
LOS ANGELES (AP) — Freddie Freeman arrived at Dodger Stadium and headed to the visiting clubhouse for an emotional reunion with his former Atlanta Braves teammates. Once the game began, he reminded them of what they’re missing by slugging his first home run for his new team.
Kenley Jansen showed up and promptly got lost trying to find his way to the Braves’ side after 12 years as the Dodgers’ closer.
“It was weird, man,” Jansen said, his black glove and black hat with a white ‘A’ sitting on a table next to him.
Two players who had spent their entire careers with one team found themselves on opposite sides Monday night in the opener of a three-game series between the defending World Series champion Braves and the Los Angeles Dodgers — a rematch of the last two NL Championship Series.
“It doesn’t happen very often,” Dodgers manager Dave Roberts said.
Freeman joined the Dodgersin March on a $162 million, six-year deal that returned him to Southern California, where he grew up in Orange County.
Jansen left the Dodgersthe same month for a $16 million, one-year deal to be the Braves’ closer.
“It’s like you’re leaving your parents for college,” Jansen said.
Freeman dropped in Braves manager Brian Snitker’s office for a chat and made his way around the clubhouse sharing memories of last year’s World Series victory, the franchise’s first since 1995. He hadn’t seen any of his old mates since the team’s victory parade through the streets of Atlanta in November.
“Hi, world champion,” he said, greeting Braves general manager Alex Anthopoulos.
Freeman said his former teammates told him he looked skinny.
“We’ve got about 25 hugs and about four tear sheds so far,” he said, totaling up the reactions.
Freeman told a Braves employee wearing a World Series ring he didn’t want to look at it.
“The first time I want to see it is going on my finger,” he said.
That happens June 24-26 when the Dodgers visit Atlanta for the first time this season.
It was assumed Atlanta would try to lock up Freeman, a free agent for the first time who had never played for another club. But a deal didn’t get done before the labor lockout began in early December and then the Braves traded for All-Star first baseman Matt Olson from Oakland and signed him to a $168 million, eight-year contract, signaling the end of Freeman’s tenure in Atlanta.
Freeman said he and Anthopoulos talked for three hours via FaceTime after the deal went down.
“That was the closure I needed,” the slugger said. “Now it’s just happiness and seeing him and friendship.”
Jansen thought he’d be staying put, too.
“That’s the only thing I know, being a Dodger,” he said. “We did everything to try to come back here but it didn’t work out.”
The bonhomie figured to continue during the game when Braves runners arrived at first base to find Freeman.
“I’m sure Guillermo (Heredia) will say some things because he’s one of my favorite teammates of all-time,” Freeman said.
Both Freeman and Jansen have been warmly welcomed by their new team’s fans. In the Dodgers’ home opener last week, fans chanted “Freddie! Freddie!” after a double.
“They’re chanting every time I go up to bat,” Freeman said, laughing, “and I have to do something special every time.”
He did in the first inning Monday, blasting his first home run with the Dodgersto the left-field pavilion off Huascar Ynoa. Fans launched into chants and Freeman’s family celebrated by jumping in their suite. He pumped his right arm as he crossed the plate, giving the Dodgers a 1-0 lead.
Freeman received his Silver Slugger award before the game. His wife and three children joined him on the field, along with Snitker and hitting coach Kevin Seitzer, who appeared at Freeman’s request.
The Dodgers followed that by honoring Jansen with a highlight video. Fans greeted the franchise’s career saves leader with a standing ovation as his old “California Love” music blared from the speakers. He hugged Roberts, third baseman Justin Turner and Andrew Friedman, president of baseball operations.
Freeman understood the conflicting emotions enveloping him and Jansen and their old teammates, saying, “I love every single person on that side of the field.”
“I had a great 12 years. I’m not trying to close anything,” he said. “We’re all going to be 50, 60 years old not playing baseball anymore and we’ll still be friends.”
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/freeman-jansen-on-opposite-sides-in-braves-dodgers-series/ | 2022-04-19T10:59:34Z |
Thousands likely at Buffett’s meeting but not all are happy
By JOSH FUNK
AP Business Writer
OMAHA, Neb. (AP) — Tens of thousands of people are expected to pack an Omaha arena Saturday for Warren Buffett’s Berkshire Hathaway’s annual meeting. Most attending the company’s first in-person meeting since the pandemic want to be there just for the chance to hear from the 91-year-old Buffett and his 98-year-old investing partner, Charlie Munger, while they still can. But also in attendance will be a handful of people unhappy with the conglomerate, including members of the two largest unions at Berkshire’s BNSF railroad. And shareholders will even be asked to vote on a proposal that would take away Buffett’s chairman title. | https://localnews8.com/news/ap-national-business/2022/04/29/thousands-likely-at-buffetts-meeting-but-not-all-are-happy/ | 2022-04-30T01:54:46Z |
LAS VEGAS, July 26, 2022 /PRNewswire/ -- Keys Inc. is excited to showcase the Keys App at the ALOA Locksmith & Security Expo On July 29-July 30th 2022 From 10AM to 4PM. Booth is Conveniently located Across from the New Product Showcase.
Associated Locksmiths of America brings together the industry's top decision makers from around the world! Attendees at ALOA will be there to receive training and education; to explore industry innovation; and to form industry alliances that reach around the globe.
Keys Inc. is excited for the opportunity of being an ALOA Associate Member and proud to showcase our Innovation for Growth within the Industry. Keys® App is the Industry Solution for Instant Access to Locksmith and Emergency Roadside Service Providers.
If you are a Locksmith or Emergency Roadside Service Provider, the Keys App will bring you in front of customers in your area who need your services. This will help boost your business and grow your clientele. With Keys® for your area, we Support our Certified Service Providers with Targeted Marketing Campaigns. Take Your Business Further with our Comprehensive Web Panel.
No Monthly Charges or Subscriptions. Free to Download. Name Your Service Price; All Credit Card Payments Secured Through Stripe. ACH Payments to Service Providers sent out daily. Grow your customer base. #Level UP Your Business Today and Join the Keys® Network.
What if you or a family member gets stuck in a lock-out situation, where you locked your keys in your car or lost your keys altogether. Stuck on the side of the road? What do you do? Who do you call? Don't Panic.
Introducing Keys®, an innovative online and mobile application, where users can easily facilitate, negotiate, and track and chat with any registered service providers, on our map page, incase of any lost key, lock out or roadside emergencies. Just log in to the Keys Application and get instant access to locksmiths, key duplication, and emergency roadside specialists.
Keys® Provides Peace of Mind to users in otherwise stressful situations. Knowing an On Demand Service Provider is just a click away. Customer Satisfaction is our Priority.
Satisfied Customers. Happy Service Providers. www.keysapp.com
Download the Keys App Today at The Google Play Store and Apple App Store.
Keys Inc. Is Incorporated out of The State of Nevada and currently Headquartered out of Tucson, AZ.
Twitter: @Keys_APP
Media Contact:
keys@keysapp.com
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SOURCE Keys Inc. | https://www.mysuncoast.com/prnewswire/2022/07/26/keys-inc-launching-keys-app-aloa-locksmith-amp-security-expo-2022/ | 2022-07-26T17:53:42Z |
DENVER , June 16, 2022 /PRNewswire/ -- PanXchange, the industry market structure solution and benchmark price provider for US hemp, and the Washington DC-based National Industrial Hemp Council of America announced that they have signed a memorandum of understanding (MOU) that will support the growth of financial incentives for carbon sequestration for the US industrial hemp market.
"NIHC is a leading and unifying voice for the industry, particularly in regulatory issues for industrial hemp," said Julie Lerner, founder, and CEO of PanXchange. "Partnering with a strong hemp membership and advocacy organization like NIHC will help grow industrial hemp markets and related climate-smart agricultural practices across the supply chain," she added.
The two companies said the partnership would allow hemp farmers to take advantage of PanXchange's deep knowledge of commodity trading and the potential impact of implementing climate-smart practices specifically for hemp growing and processing.
PanXchange is rolling out a transparent carbon program that provides farmers a viable path toward financial rewards for implementing regenerative agricultural practices. Moreover, Lerner explains that the PanXchange program gives farmers full ownership of the carbon credits earned and full agency to market the credits directly to buyers through its online trade platform.
The company already has 31,000 acres of croplands committed to the program for the 2023 crop year.
"We aim to be the most accessible, economical path towards remuneration for carbon smart agricultural practices for smaller-scale farmers who face barriers to participate in the voluntary carbon credit market," Lerner said.
Other aspects of the MOU include:
- PanXchange's carbon program will be the preferred vendor for NIHC's membership of hemp producers under the new agreement.
- NIHC will partner with PanXchange to craft joint educational programming on carbon credits and regenerative agriculture.
- PanXchange will serve as the NIHC preferred vendor for research projects involving climate-smart commodity markets and climate-smart practices specifically related to hemp growing and processing.
"Carbon sequestration and the voluntary carbon market are part of hemp's renaissance and will be an important part of North American agriculture. This partnership will be a value-add for American farmers who choose to grow hemp. Producers and the companies using these raw goods will also benefit alongside American consumers who will ultimately fulfill the promise of hemp's potential to power our climate-smart economy," said Patrick Atagi, President and CEO of the National Industrial Hemp Council of America.
PanXchange specializes in creating ESG-focused physical commodity trading markets and benchmark pricing for better risk management. The firm is launching a vertically integrated and inclusive agricultural carbon program relying on its strong foundation in regenerative agriculture to generate carbon credits for sale on its platform. In doing so, PanXchange has developed buyer-approved and farmer-friendly carbon project methodologies for croplands and grasslands to lower the cost of entry for the average farmer. PanXchange is the leading benchmark price provider in the US hemp industry and the only institutional-grade trading platform for physical transactions.
The National Industrial Hemp Council of America provides high-quality networking and resources for its members, from farm to consumer. Its leadership is composed of leading international, federal, state, private industry, and government professionals throughout the sector. The organization is dedicated to furthering market development, assisting members in entering the industry, and educating consumers on industrial hemp and its applications. Learn more about the NIHC at the 2022 Business, Research and Farm Summit happening August 22-23 in Corvallis, Oregon, at the Oregon State Global Hemp Innovation Center.
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SOURCE National Industrial Hemp Council | https://www.kxii.com/prnewswire/2022/06/16/panxchange-nihc-announce-partnership-climate-smart-agriculture/ | 2022-06-16T21:12:28Z |
TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF
VANCOUVER, BC, April 11, 2022 /PRNewswire/ - Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) ("Blue Sky" or the "Company") is pleased to announce that the Company is resuming its 4,500 metre exploration drilling program with new holes planned at the Ivana Central target, located 10 kilometres north of the Company's Ivana Deposit at its wholly-owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina ("AGP") (see Figure 1).
Six holes totaling 286 metres were drilled at Ivana Central in 2020 before the program was paused, leaving approximately 1,200 metres to be completed at this target. Two of the first six holes at Ivana Central intersected anomalous uranium, including 120 ppm U3O8 over 1 metre in hole AGIC-01 (see News Release date October 21, 2021) and all holes returned anomalous vanadium and pathfinder elements similar to those associated with uranium mineralization at the Ivana deposit. The new drilling will test the continuity of the prospective horizons intersected in the initial holes.
Nikolaos Cacos, Blue Sky President & CEO commented, "Ivana Central is the next area we are evaluating in our continued push to identify and delineate new mineralization and deposits at the district-scale Amarillo Grande project. We look forward to completing this tranche of drilling so that we can plan detailed follow up and advance to testing other targets in the Ivana area."
A total of 1,584 metres have also been completed at the Ivana North target (see October 21, 2021 News Release). Following completion of the current tranche of drilling at Ivana Central, approximately 1,500 metres of drilling will be deployed in refining delineation of areas with the best results from both targets.
Ivana Central is a blind exploration target consisting of a mainly soil-covered depression covering an area of 5 by 9 kilometres. This target zone was initially identified by Blue Sky's previous joint venture partner Areva in 2013 via a drilling program of 11 core holes totaling 2023.5 metres, with depths ranging from 110 to 280 metres, in the southern sector of the Amarillo Grande project. In 2018 Blue Sky's exploration team relogged, sampled and re-interpreted those holes and applied the in-house geological and exploration models and experience that have been developed and refined as the Ivana deposit has been discovered and advanced. This work identified a suite of pathfinder element anomalies, including molybdenum, selenium, cobalt, lanthanum, rhenium, yttrium, lead, and zinc, that the Company employs as geochemical indicators to vector towards blind uranium deposits.
The exploration work at Ivana Central continued with auger-holes, radiometric surveys and pit-sampling, followed by induced polarization ("IP") Pole-Dipole tomography (see Press Releases May 16 and September 19, 2019). From the auger-holes surveyed, radiometric anomalies were detected in some holes and at several different depths; some are open to depth. The sampling program encountered reduced carbonaceous alteration and carnotite mineralization. The IP survey detected areas with high chargeability anomalies interpreted to represent moderate to low levels of disseminated pyrite, suggesting proximity to an oxidation-reduction ("REDOX") zone as potential "trap" for uranium mineralization.
This information was used to plan the initial reverse circulation ("RC") drilling program originally launched in 2020, as reported on March 2, 2020. Two holes successfully intercepted uranium-vanadium anomalies at the expected depths, with a third showing weak uranium values. Those intercepts suggest that the mineralization potentially continues to the west, onto a mineral tenure for which permits were pending at that time but which have now been secured. The new program is designed primarily to test that potential westward continuity of the mineralization (see Figure 1) as well as to test some undrilled areas to the east showing IP chargeability anomalies.
The drilling program will employ a multipurpose direct circulation hydraulic drilling rig on tracks. This drill produces wet chip samples which are collected from sampling buckets every metre; the drill rig also has the ability to recover drill core. Every hole will be surveyed with a calibrated radiometric Mount SoprysTM probe. An additional geoelectrical SP-SPR survey will be completed on holes in order to approximate the location of geological contacts between sedimentary units.
The design of the Company's exploration program was undertaken by the Company's geological staff under the supervision of David Terry, Ph.D., P.Geo. Dr. Terry is a Director of the Company and a Qualified Person as defined in National Instrument 43-101. The contents of this news release have been reviewed and approved by Dr. Terry.
The Company's 100% owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina is a new uranium district controlled by Blue Sky. The Ivana deposit is the cornerstone of the Project and the first part of the district for which both a Mineral Resource Estimate and a Preliminary Economic Assessment have been completed. Mineralization at the Ivana deposit has characteristics of sandstone-type and surficial-type uranium-vanadium deposits. The sandstone-type mineralization is related to a braided fluvial system and indicates the potential for a district-size system. In the surficial-type deposits, mineralization coats loosely consolidated pebbles, and is amenable to leaching and simple upgrading.
The Project includes several other target areas over a regional trend, at or near surface. The area is flat-lying, semi-arid and accessible year-round, with nearby rail, power and port access. The Company's strategy includes delineating resources at multiple areas and advancing the entire project to prefeasibility level.
For additional details on the project and properties, please see the Company's website.
Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The Company's objective is to deliver exceptional returns to shareholders by rapidly advancing a portfolio of surficial uranium deposits into low-cost producers, while respecting the environment, the communities, and the cultures in all the areas in which we work. Blue Sky has the exclusive right to properties in two provinces in Argentina. The Company's flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.
ON BEHALF OF THE BOARD
"Nikolaos Cacos"
______________________________________
Nikolaos Cacos, President, CEO and Director
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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company's plans for its mineral properties; the Company's business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.
Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
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SOURCE Blue Sky Uranium Corp. | https://www.mysuncoast.com/prnewswire/2022/04/11/blue-sky-uranium-resumes-exploration-drilling-program-targets-close-ivana-deposit-within-uranium-vanadium-amarillo-grande-project-argentina/ | 2022-04-11T11:54:40Z |
Continuing to Expand Footprint in the Post-Acute Care Industry
REXBURG, Idaho, July 7, 2022 /PRNewswire/ -- Home Care Pulse (HCP), a leading provider of experience management, training, and reputation management, announced today that Kristen Duell has joined the company as Chief Marketing Officer (CMO).
"We're delighted to welcome Kristen to the team as we embark on an exciting phase of growth," said Todd Austin, President of HCP. "Kristen brings a unique mix of healthcare leadership and passion for mobilizing all facets of the pre- and post-acute care space, which will transform how agencies adapt to rising challenges. After working closely with Kristen for many years, we are delighted to integrate her experience and relationships into our products and services, continuing to provide tools to help agencies overcome workforce shortages and deliver superior care."
With over 18 years of experience, Duell joins HCP from KanTime, where she acted as Executive Vice President. Duell is dedicated to providing upward mobility and visibility to women in the industry, which led her to found IDEAL for Healthcare. With Duell's commitment to creating a safe space in the industry for people to grow and thrive, she'll play a pivotal role as HCP expands into new markets and continues to transform the care continuum.
"As an advocate for women in healthcare, I see three ways agencies can act as catalysts for change: developing leaders within their organizations, creating meaningful career paths, and leveraging solutions that facilitate integration between personal and professional lives," said Kristen Duell. "HCP is helping agencies make this a reality, and I'm thrilled to join a team that aligns so closely with my own beliefs."
Duell will be hosting a webinar with nVoq and Amedysis on August 4th at 2 pm EST to discuss workforce shortages—and why the solution isn't what agencies have been told. To get registered, visit: https://www.homecarepulse.com/webinars_events/what-agencies-are-failing-to-address-about-workforce-shortages/
HCP leads the pre- and post-acute care industry in experience management, training, and reputation management. Through its Care Intelligence Platform, HCP empowers providers in home care, home health, and hospice to attract and retain employees during workforce shortages. HCP also conducts the annual HCP Benchmarking Report, the most comprehensive survey of providers in North America, and administers Best of Home Care awards to agencies that achieve best-in-class satisfaction scores. For more information, visit https://www.homecarepulse.com/.
Media Contact
Megan Kujawa – megankujawa@homecarepulse.com
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SOURCE Home Care Pulse | https://www.kxii.com/prnewswire/2022/07/07/hcp-invests-leadership-team-with-new-cmo-kristen-duell/ | 2022-07-07T12:22:52Z |
The highly anticipated dairy-free snack is available at major U.S. retailers including Whole Foods, Sam's Club, and select Costco locations, with additional distribution anticipated later this year
CHICAGO, April 12, 2022 /PRNewswire/ -- Following considerable consumer fanfare after an initial announcement in February, Bel Brands USA is excited to announce that Babybel Plant-Based is now available at retailers nationwide. The creamy, delicious plant-based snack can be found at Whole Foods, Sam's Club and Fresh Thyme, as well as select Costco locations in the Southeast.
Perfect for flexitarians and dairy-free consumers alike, cheese lovers can unpeel the goodness of Babybel Plant-Based to discover a soft, smooth, and creamy texture. Babybel Plant-Based was developed by leveraging Bel Brands USA's 150 years of cheese making experience to create a product everyone can enjoy.
"At Bel Brands USA we have a continued commitment to bringing forward great tasting cheese options that meet our consumers' evolving needs, including expanding our portfolio to plant-based offerings" said Shannon Maher, Chief Marketing Officer at Bel Brands USA. "Plant-based snack cheese offerings to-date lack a true dairy flavor and texture. We recognized this gap and went to work to develop this delicious snack so that every cheese-lover has the opportunity to enjoy Babybel."
Mimicking the taste and texture of Mini Babybel, this new snack was crafted to taste like Mozzarella cheese and offers a good source of calcium and B12. And because the iconic new snack needs iconic new packaging, the certified plant-based and dairy-free snack is packaged in Babybel's signature wax coating, now in green to easily identify as plant-based.
"Babybel is an iconic cheese brand, so it was imperative that we delivered a plant-based offering that met the expectations our consumers have when it comes to taste, texture and quality," said Melanie Nemoy, Brand Director at Babybel. "At the end of the day, our fans had the final say on this product after numerous rounds of tasting and refinement."
Babybel Plant-Based is available in a six-count bag at Whole Foods and Fresh Thyme, as well as a 32-count pack at Costco and 20-count pack at Sam's Club, with expanded availability to come throughout 2022. Packaging is made of 80% paper and the wrappers inside are certified home compostable by TUV Austria. Babybel also now offers an alternative way for consumers to recycle products in partnership with Terracycle.
Bel Brands USA offers a growing portfolio of plant-based products, including Boursin Dairy-Free and its wholly plant-based line, Nurishh, in addition to new Babybel Plant-Based. To find Babybel Plant-Based near you or learn more about the creamy dairy-free snack, visit Babybel.com.
Join the Conversation:
Share how you snack on Babybel Plant-Based with us on Twitter @Babybel or on Facebook and Instagram @BabybelUS using #JoinTheGoodness. Visit Babybel.com for more information.
About Babybel:
Part of the Bel Brands USA family, Mini Babybel®, Babybel plus+, and Babybel Plant-Based are the perfect snacks for the whole family! Babybel is one of the most popular brands manufactured by Bel Brands USA Inc., a subsidiary of Bel Group. Bel Brands USA strives to promote healthier, responsible and accessible food for all consumers worldwide. Bel is a major player in the healthy fruit and dairy single-serving portion snacking, as well as a producer of entertaining and plant-based cheese options to meet a range of consumer needs. Bel produces more than thirty local and international brands that are sold in more than 130 countries around the globe. In addition to Babybel, other beloved USA brands include Boursin®, The Laughing Cow®, Nurishh® and popular cheese spreads marketing under Kaukauna®, Merkts® and Price*s® labels. Bel Brands USA delivers fun snacks to over 400 million consumers globally. www.belbrandsusa.com
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SOURCE Bel Brands USA | https://www.kxii.com/prnewswire/2022/04/12/babybel-plant-based-now-available-retailers-nationwide-part-expanded-bel-brands-usa-plant-based-portfolio/ | 2022-04-12T13:34:30Z |
CEDARHURST, N.Y., May 18, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Upstart Holdings, Inc. (NasdaqGS: UPST), if they purchased the Company's securities between November 9, 2021 and May 9, 2022, inclusive (the "Class Period"). Shareholders have until July 12, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nasdaqgs-upst/https://kclasslaw.com/cases/securities/nyse-hmlp/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.kxii.com/prnewswire/2022/05/19/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-upstart-holdings-inc-upst/ | 2022-05-19T03:25:24Z |
ORLANDO, Fla., Aug. 1, 2022 /PRNewswire/ -- USPack, a national leader in the same-day, final-mile delivery industry and a NewSpring Holdings platform company, today announced that the company has named Michael Clark ("Mike") as CEO, effective immediately. Mike succeeds Mark Glazman who will continue to remain on the Board of Directors ("the Board") in the role of Chairman. Under Glazman's leadership USPack successfully integrated onto a single technology and operating platform, improved customer experience, and expanded its business with blue chip clients across the pharmaceutical, retail, automotive and white glove final mile delivery space. On the heels of these impressive accomplishments, Glazman believes that now is the opportune time to transition to new leadership for the next phase of USPack's growth.
Clark is a solutions-oriented transportation executive with a demonstrated track record of exceeding customer expectations and accelerating growth at logistics and supply chain companies including DHL, FedEx, Pacer and Panther Expedite.
"USPack's geographic footprint and network density make it a formidable player in the same-day final mile space. I am very excited to join USPack and work with the team to build on the momentum and success as we continue to leverage the company's agile technology platform to drive further enhancements for customers," said Clark.
"We are thrilled to have Mike join USPack as our next CEO," said Glazman. "Mike brings his experience building and driving best-in class operational processes that will help us further optimize our delivery network and technology solutions for USPack and our customers. I look forward to partnering with Mike in my new role as Chairman."
About USPack
USPack is a same-day final-mile delivery company custom-built to help brands and businesses win in the Delivery Economy. With a 30-year track record of success, the company has a proven ability to create delivery strategies with business impact for customers in retail, healthcare, eCommerce, manufacturing, and distribution. With one of the industry's most extensive transportation and warehouse networks and a dedicated network of independent delivery professionals on-call 24/7/365, USPack builds scalable, tech enabled final mile delivery networks for companies with needs of all shapes, sizes and timeframes across the country. Headquartered in Orlando, FL, USPack operates across the US through a network of over 40 facilities, and also provides dedicated solutions operating out of customer facilities. For more information, visit www.gouspack.com.
About NewSpring Holdings
NewSpring Holdings, NewSpring's dedicated holding company with a strategy focused on control buyouts and platform builds, brings a wealth of knowledge, experience, and resources to take profitable, growing companies to the next level through acquisitions and proven organic methodologies. Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages over $2.5 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. Visit NewSpring at www.newspringcapital.com.
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SOURCE USPack | https://www.kxii.com/prnewswire/2022/08/01/uspack-appoints-veteran-transportation-leader-michael-clark-ceo/ | 2022-08-01T13:06:07Z |
Rep. Marjorie Taylor Greene (R-Ga.) announced on Friday that she had filed articles of impeachment against Attorney General Merrick Garland as the FBI’s search of the former president’s Florida residence roils Republicans.
Greene’s resolution claims that the attorney general’s “personal approval to seek a search warrant for the raid on the home of the 45th President of the United States, Donald J. Trump, constitutes a blatant attempt to persecute a political opponent.”
The search warrant was approved by a federal judge and was unsealed on Friday after the Justice Department and Trump’s attorneys agreed.
The warrant showed that the FBI secured classified materials that were taken to Mar-a-Lago and suggests the former president is being investigated for possible violations of the Espionage Act.
Republicans, including Greene, have repeatedly accused the Justice Department of going after Trump for political reasons.
Her resolution claims that Garland’s “effort to unseal the search warrant for the home of former President Donald J. Trump constitutes an attempt to intimidate, harass, and potentially disqualify a political challenger to President Joseph R. Biden, Jr.”
The White House has said Biden had no knowledge of the FBI’s search, and no evidence has been presented to dispute that. A Justice Department spokesperson declined to comment to The Hill.
Articles of impeachment against Garland are unlikely to pass in Congress given the Democratic majority, and it’s not clear how many Republicans would support the resolution.
Mike Lillis contributed.
Updated 8:46 p.m. | https://cw33.com/hill-politics/marjorie-taylor-greene-files-articles-of-impeachment-against-garland/ | 2022-08-13T04:42:18Z |
BERWYN, Pa., Aug. 5, 2022 /PRNewswire/ -- The Board of Directors of AMETEK, Inc. (NYSE: AME) declared a regular quarterly dividend of $0.22 per share for the third quarter ending September 30, 2022.
This third quarter dividend is payable September 30, 2022 to shareholders of record as of September 14, 2022.
Corporate Profile
AMETEK is a leading global manufacturer of electronic instruments and electromechanical devices with 2021 sales of $5.5 billion. The AMETEK Growth Model integrates the Four Growth Strategies - Operational Excellence, New Product Development, Global and Market Expansion, and Strategic Acquisitions - with a disciplined focus on cash generation and capital deployment. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. The common stock of AMETEK is a component of the S&P 500.
Contact:
Kevin Coleman
Vice President, Investor Relations & Treasurer
kevin.coleman@ametek.com
Phone: 610-889-5247
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SOURCE AMETEK, Inc. | https://www.wibw.com/prnewswire/2022/08/05/ametek-declares-quarterly-dividend/ | 2022-08-05T13:44:11Z |
New legislation passed allows new avenues for Kansans with disabilities to save
TOPEKA, Kan. (WIBW) - Kansas Governor Laura Kelly signed a bill into law on Thursday which will help Kansans with disabilities save money without losing eligibility to other programs.
Kansas Governor Laura Kelly says on Thursday, April 7, she signed House Bill 2490 into law, which authorizes the State Treasurer to decide who is able to open and own an ABLE savings account.
“Programs like the ABLE Savings Account are vital to ensuring barriers don’t stand in the way of Kansans living with disabilities,” Kelly said. “The program helps get Kansans the services needed to have fulfilling, healthy lives without fear of losing other necessary assistance.”
Gov. Kelly noted the ABLE Savings Program is a tax-advantaged savings account that helps Kansans with a disability save for certain expenses without losing eligibility for other assistance programs.
“HB2490 helps save ABLE accounts and bring Kansas into Federal compliance,” Treasurer Lynn Rogers said. “By doing so, we’re allowing more Kansans living with a disability the opportunity to cost-effectively save for their future and we are grateful for the strong, bipartisan support of this bill.”
The bill was originally requested for introduction by the Office of the State Treasurer, was introduced into the House on Jan. 18, and sponsored by the Committee on Children and Seniors.
A House hearing for the legislation was held on Jan. 24.
“Currently, as it exists, the narrow Kansas ABLE statutes prove difficult for individuals and their families to navigate. It also excludes a large pool of Kansans with disabilities from establishing an ABLE account,” Barb Helm of Arcare, Inc., said. “Currently in Kansas, a parent cannot assist their adult child with a disability who has legal capacity in establishing an ABLE account, nor can an individual with a disability delegate someone to assist them in opening the account. Adopting the proposed amendment will remove unnecessary barriers to accessing and enrolling in the Kansas ABLE program, and enable more Kansans with disabilities and their families to save for their future.”
On Feb. 9, the Committee of the Whole recommended the bill pass, which it did with a 118-3 vote.
The bill was then sent to the Senate Committee on Financial Institutions and Insurance.
On March 2, a Senate hearing was held for the bill.
“The ABLE program allows people with disabilities and their loved ones the ability to save and provide for their future needs, reducing their dependence on state resources and allows for more independence and freedom of choice by the person,” Sean Gatewood of the KanCare Advocates Network said.
On March 16, the Senate Committee also recommended the bill be passed.
In a Senate vote on March 23, the bill passed unanimously and was enrolled and presented to Gov. Kelly on March 30.
For more information about HB 2490, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/07/new-legislation-passed-allows-new-avenues-kansans-with-disabilities-save/ | 2022-04-07T20:22:33Z |
SAN FRANCISCO, June 6, 2022 /PRNewswire/ -- Research scientists and statisticians from UC San Francisco have developed improved biomarker classifications as part of their research results in the I-SPY 2 trial for high-risk breast cancer patients. The new cancer response subtypes reflect responsiveness to drug treatments and are intended to help clinicians be more precise in how they target therapies.
I-SPY 2, sponsored by Quantum Leap Healthcare Collaborative (QLHC) who manages all of the collaborations among academic and industry partners, announced that these new subtypes will move forward in the next iteration of the trial I-SPY 2.2.
Using the I-SPY 2 (Investigation of Serial Studies to Predict Your Therapeutic Response with Imaging And moLecular Analysis) trial's comprehensive multi-omic molecular characterization of all tumors and the diverse array of drugs targeting different molecular pathways, the I-SPY 2 researchers were able to access the associated datasets to create breast cancer subtypes to match modern treatments.
The researchers found that by combining predictive biomarkers to create response predicting breast cancer subtypes, these subtypes can then be matched to the most effective modern treatments. The best subtyping schemas incorporate Immune, DNA repair, Luminal, and HER2 phenotypes, Treatment assignment using these response predictive subtypes may improve the efficacy of the treatment and patient outcomes.
The researchers recently published their findings online in Cancer Cell: "Redefining Breast Cancer Subtypes To Guide Treatment Prioritization And Maximize Response: Predictive Biomarkers Across 10 Cancer Therapies," which outlines the newly defined breast cancer response subtypes and improved classifications.
Using the I-SPY2-990 mRNA/phospho-protein Data Resource from nearly 1000 patients who participated in 10 arms of the I-SPY 2 TRIAL, researchers evaluated 27 predictive I-SPY 2 qualifying biomarkers which led to the development of a response-predictive subtyping schema for prioritizing therapies. First authors Denise Wolf, PhD, and Christina Yau, PhD, both of UCSF, used gene expression, protein levels and response data from 10 drug-arms of the I-SPY2 neoadjuvant trial to create new breast cancer subtypes that incorporate tumor biology beyond clinical hormone-receptor (HR) and HER2 status.
"Use of these response predictive subtypes can be used to guide treatment prioritization, will increase response, and will revolutionize the way in which physicians treat their patients" said Laura van 't Veer, PhD, Co-Director of the UCSF Breast Oncology Program and lead scientist for the I-SPY 2 biomarker studies.
The triple negative, as well as the HER2 negative hormone receptor positive high-risk groups, are divided into 3 different response predictive subtypes; the HER2 positive groups is divided into 2 response predictive subtypes. The researchers demonstrate that use of the subtype schema representing several drug targetable pathways allows more appropriate classification of tumors and is an improvement over current standard methods.
The I-SPY 2 trial is considered the archetype of a new approach to clinical trials. Rather than the traditional 'one drug, one disease' model for drug development, it is a 'platform' trial. I-SPY 2 evaluates multiple drugs (or combination of drugs) in parallel with the goal of determining which drugs work best in various types of breast cancer. I-SPY 2 is also designed for efficiency and speed, by employing an 'adaptive' statistical model. The results of each patient are used to refine how the investigational drugs are assigned to new patients. Because of its approach, I-SPY 2 can achieve similar results in a fraction of the time with fewer patients than traditional trials. The goal is to get the right drug to the right patient. These new response predictive subtypes help to better characterize a person's tumor and from that determine if they are likely to respond to specific treatments such as immune checkpoint blockade.
"The past ten years of treating patients within the I-SPY program has taught us that the standard biomarker tests that we use today do not allow us to optimize treatment for our patients, said Laura Esserman, MD, Co-Director of the UCSF Breast Oncology Program and Director of the UCSF Breast Care Center as well as I-SPY 2 principal investigator. "The whole I-SPY team is truly excited to see these results and improve the way we target our therapies. It is an important advance for patients, and a clear demonstration that the I-SPY model can not only accelerate the development of new cancer treatments, it can also target treatment to the patients who will benefit most. That means increasing the chance a drug will lead to a cure and minimizing the use of other therapies that may not be useful or add toxicity."
The I-SPY 2 network will prospectively test the response-predictive subtyping schema in I-SPY2.2, an upcoming version of the I-SPY2 trial that incorporates a sequential multiple assignment randomize trial (SMART) scheme and adapts treatment within individual patients based on biology and response.
The I-SPY2-990 mRNA/RPPA Data Resource is now publicly available. "This dataset will be an invaluable resource to the breast cancer research and drug development community, and ultimately to patients," said Esserman.
ASCO Presentations Using Response Subtypes from I-SPY2 Trial Data
In addition to the findings presented in this study, three abstracts to be presented at ASCO 2022 this week include use of I-SPY data and show improvement of response prediction by the new subtype schema within the traditional breast cancer receptor subtypes. These studies include:
Improved Pathologic Complete Response Rates for Triple-Negative Breast Cancer in the I-SPY2 Trial
About I-SPY and the I-SPY 2 TRIAL
The I-SPY (Investigation of Serial Studies to Predict Your Therapeutic Response with Imaging And moLecular Analysis) TRIAL is conducted by a consortium that brings together the U.S. Food and Drug Administration (FDA), leading academic medical centers, and patient advocates, as well as Merck and other pharmaceutical and biotech companies.
The I-SPY 2 TRIAL is a collaborative effort among academic investigators from 20 major cancer research centers across the U.S. and Quantum Leap Healthcare Collaborative, the FDA, and the Foundation for the National Institutes of Health (FNIH) Cancer Biomarkers Consortium. Major supporters include The Safeway Foundation, and the Bill Bowes Foundation.
The I-SPY 2 TRIAL's adaptive statistical design was developed by the pioneering principal investigators for the I-SPY trial, Laura J. Esserman, M.D., MBA, and Donald A. Berry, Ph.D., professor of biostatistics at The University of Texas MD Anderson Cancer Center and founder of Berry Consultants in collaboration with the FDA, industry, and many leading academic collaborators including the Agents working group chair (Doug Yee, M.D., University of Minnesota), the Trial Operations working group chair (Angie DeMichele, M.D., University of Pennsylvania), and the Biomarker working group chair (Laura van 't Veer, Ph.D., UC San Francisco). The trial is a unique collaborative effort where over 100 clinicians are actively engaged in the conduct of the trial.
The I-SPY 2 TRIAL adaptive-trial design is based on Bayesian predictive probability that a biological regimen will be shown to be statistically superior to standard therapy in an equally randomized 300-patient confirmatory trial. Regimens that have a high Bayesian predictive probability of showing superiority in at least one of the predefined signatures graduate from the trial. Regimens are dropped for futility if they show a low predictive probability of showing superiority over standard therapy in all signatures. A maximum total of 100 patients can be assigned to each experimental regimen. A regimen can graduate early and at any time after having 60 patients assigned to it.
I SPY 2.2 incorporates more patient centered design and the ability to test new targeted agents without traditional chemotherapy as first line, followed by the most targeted agents by the new response predictive subtypes in the new and improved design. The goal is, over the next 5 years, to get 90% of high-risk patients to experience a complete response (disappearance of tumor) with targeted and less toxic combinations before surgery. This will accelerate the ability to personalize care for women with breast cancer. Learn more at https://www.ispytrials.org
About Quantum Leap Healthcare Collaborative™
The I-SPY 2 TRIAL is sponsored by Quantum Leap Healthcare Collaborative™, a 501c (3) charitable organization. Quantum Leap is dedicated to integrating high-impact clinical research with patient care to improve and save lives. By bridging the gap between research and clinical care, Quantum Leap works in collaboration with patients, medical researchers at the University of California, other academic centers nationwide, healthcare innovators, and stakeholders--to accelerate learning in medicine, improve the delivery of healthcare, create better outcomes, and increase the quality of life. Our goal is to improve and save lives. Learn more at https://www.quantumleaphealth.org
About UCSF: The University of California, San Francisco (UCSF) is exclusively focused on the health sciences and is dedicated to promoting health worldwide through advanced biomedical research, graduate-level education in the life sciences and health professions, and excellence in patient care. UCSF Health, which serves as UCSF's primary academic medical center, includes top-ranked specialty hospitals and other clinical programs, and has affiliations throughout the Bay Area. UCSF School of Medicine also has a regional campus in Fresno. Learn more at ucsf.edu or see our Fact Sheet.
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SOURCE Quantum Leap Healthcare Collaborative | https://www.mysuncoast.com/prnewswire/2022/06/06/ucsf-i-spy-2-breast-cancer-researchers-develop-newly-redefined-breast-cancer-response-subtypes/ | 2022-06-06T12:48:47Z |
Woodruff returns to form as Brewers defeat Cardinals 5-1
By STEVE MEGARGEE
AP Sports Writer
MILWAUKEE (AP) — Brandon Woodruff threw five shutout innings and Omar Narváez homered and doubled as the Milwaukee Brewers opened their home schedule with a 5-1 victory over the St. Louis Cardinals on Thursday afternoon. Woodruff struck out two and allowed just three hits and a walk to bounce back from an uncharacteristically poor performance in a 9-0 loss to the Chicago Cubs last week. The Brewers scored four runs off Adam Wainwright in the first three innings. Narváez hit a solo homer in the second and an RBI double in the third. | https://localnews8.com/sports/ap-national-sports/2022/04/14/woodruff-returns-to-form-as-brewers-defeat-cardinals-5-1/ | 2022-04-15T02:04:33Z |
10 families in Iowa town told to give up dogs by authorities
KEYSTONE, Iowa (KCRG/Gray News) - Ten families in an Iowa town must get rid of their family dogs after being told to do so by local authorities. The dogs are pit bulls or look like pit bulls.
The Benton County Sheriff’s Office told the dog owners living in Keystone that they had 10 days to find new homes for their pets, according to KCRG. That was on July 22.
MaKinzie Brecht found out her dog Nightmare couldn’t live with her anymore during the course of a normal day.
“My mom told the sheriff where I was,” she said. “He came and spoke to me at my work and let me know that me, along with nine other addresses, were turned in because we had pit bulls or dogs that look like pit bulls.”
Benton County has an ordinance prohibiting dangerous animals; included in the list is “any dog which has the appearances and characteristics of being the breed of Staffordshire Terrier, American Pit Bull Terrier, American Staffordshire Terrier, any other breed commonly known as pit bulls, pit bull dogs or pit bull terriers, or a combination of any of these breeds.” The ordinance dates from March 21, 2000.
According to Preston Moore, Iowa state director for the Humane Society, the Benton County ordinance is “one of the most vague.”
“It doesn’t actually necessarily say a dog has to be proven to be a quote unquote pit bull,” Moore said. “In Benton County, a dog just has to have some characteristics of those dogs. And then a very arbitrary process can take place where somebody can determine this dog happens to look like, sort of, one of these dogs, so it’s not allowed.”
Gabby Gormley is one of the Keystone dog-owners who was told to get rid of her pet because of how it looks.
Gormley told a representative of the Benton County Sheriff’s Office over the phone that her dog has vet paperwork that says she’s a Boxer Lab mix.
“And he said unfortunately, that doesn’t really make a difference because she resembles a pit bull,” she said.
Gormley said what many dog-owners might say: that her pet is a family member.
“I had a miscarriage and she was literally one of the only things that got me out of bed,” she said.
Gormley thinks the ordinance will stop growth in Keystone by deterring pet owners from living or moving there.
“When you come after our pets, or you limit where we can have them or what type of pets we can have, we’re not going to move to those specific places,” she said. “We’re not going to want to stay in places like that for very long.”
Gormley has a plan to send her pet to her in-laws’ house.
“People hear the word ‘pit bull’ and they think of dog fighting and aggressive,” said Gormley. “They don’t think of a dog who loves Goldfish and marshmallows and her big red ball. She just wants to be loved on.”
Brecht, however, said, she has “no idea what I’m going to do with my dog” at this point.
Copyright 2022 KCRG via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/28/10-families-iowa-town-told-give-up-dogs-by-authorities/ | 2022-07-28T18:39:26Z |
SEATTLE, Aug. 6, 2022 /PRNewswire/ -- Alaska Airlines' airport customer service agents, stores, cargo, ground service and reservations agents, who are represented by the International Association of Machinists and Aerospace Workers (IAM), have ratified a two-year contract extension. The contract passed overwhelmingly and includes increased pay with market reviews to ensure wage rates stay competitive, as well as increases in longevity pay. Job security has also been extended until Sept. 27, 2028.
Alaska's airport customer service agents, stores, cargo, ground service and reservation agents are responsible for assisting guests with upcoming and day-of travel, managing aircraft material and parts, loading cargo and readying aircraft for departures and arrivals.
"IAM negotiators strongly advocated for employees' needs, which included significant improvements to the wage structure," said Jenny Wetzel, vice president of labor relations at Alaska Airlines. "I'm glad we were able to reach an agreement that improves our employees' quality of life and is good for our company's long-term success. We are all very proud of this new agreement."
"This newly ratified IAM agreement at Alaska Airlines has raised the bar for the entire airline industry," said IAM General Vice President Richard Johnsen. "After keeping our world moving during the pandemic, our members at Alaska Airlines deserve the absolute best agreement possible. Today, the IAM has made that a reality."
The previous contract became amendable on Sept. 27, 2024. Contracts in the airline industry do not expire. Once they become amendable, the current contract remains in effect until a new agreement is ratified.
About Alaska Airlines
Alaska Airlines and our regional partners serve more than 120 destinations across the United States, Belize, Canada, Costa Rica and Mexico. We emphasize Next-Level Care for our guests, along with providing low fares for our guests, award-winning customer service and sustainability efforts. Alaska is a member of the oneworld global alliance. With the alliance and our additional airline partners, guests can travel to more than 1,000 destinations on more than 20 airlines while earning and redeeming miles on flights to locations around the world. Learn more about Alaska at news.alaskaair.com. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).
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SOURCE Alaska Airlines | https://www.kxii.com/prnewswire/2022/08/06/iam-represented-employees-alaska-airlines-ratify-two-year-contract-extension/ | 2022-08-07T00:00:54Z |
DENVER (AP) — The intensifying crisis facing the Colorado River amounts to what is fundamentally a math problem.
The 40 million people who depend on the river to fill up a glass of water at the dinner table or wash their clothes or grow food across millions of acres use significantly more each year than actually flows through the banks of the Colorado.
In fact, first sliced up 100 years ago in a document known as the Colorado River Compact, the calculation of who gets what amount of that water may never have been balanced.
“The framers of the compact — and water leaders since then — have always either known or had access to the information that the allocations they were making were more than what the river could supply,” said Anne Castle, a senior fellow at the Getches-Wilkinson Center at the University of Colorado Law School.
EDITOR’S NOTE: This is part of a collaborative series on the Colorado River as the 100th anniversary of the historic Colorado River Compact approaches. The Associated Press, The Colorado Sun, The Albuquerque Journal, The Salt Lake Tribune, The Arizona Daily Star and The Nevada Independent are working together to explore the pressures on the river in 2022.
During the past two decades, however, the situation on the Colorado River has become significantly more unbalanced, more dire.
A drought scientists now believe is the driest 22-year stretch in the past 1,200 years has gripped the southwestern U.S., zapping flows in the river. What’s more, people continue to move to this part of the country. Arizona, Utah and Nevada all rank among the top 10 fastest growing states, according to U.S. Census data.
While Wyoming and New Mexico aren’t growing as quickly, residents watch as two key reservoirs — popular recreation destinations — are drawn down to prop up Lake Powell. Meanwhile, southern California’s Imperial Irrigation District uses more water than Arizona and Nevada combined, but stresses their essential role providing cattle feed and winter produce to the nation.
Until recently, water managers and politicians whose constituents rely on the river have avoided the most difficult questions about how to rebalance a system in which demand far outpaces supply. Instead, water managers have drained the country’s two largest reservoirs, Lake Mead and Lake Powell, faster than Mother Nature refills them.
In 2000, both reservoirs were about 95% full. Today, Mead and Powell are each about 27% full — once-healthy savings accounts now dangerously low.
The reservoirs are now so low that this summer Bureau of Reclamation Commissioner Camille Touton testified before the U.S. Senate Energy and Natural Resources Committee that between 2 million and 4 million acre-feet would need to be cut next year to prevent the system from reaching “critically low water levels,” threatening reservoir infrastructure and hydropower production.
The commissioner set an August deadline for the basin states to come up with options for potential water cuts. The Upper Basin states — Colorado, Utah, New Mexico and Wyoming — submitted a plan. The Lower Basin states — California, Arizona and Nevada — did not submit a combined plan.
The bureau threatened unilateral action in lieu of a basin-wide plan. When the 60-day deadline arrived, however, it did not announce any new water cuts. Instead, the bureau announced that predetermined water cuts for Arizona, Nevada and Mexico had kicked in and gave the states more time to come up with a basin-wide agreement.
STILL LEFT OUT
A week before Touton’s deadline, the representatives of 14 Native American tribes with water rights on the river sent the Bureau of Reclamation a letter expressing concern about being left out of the negotiating process.
“What is being discussed behind closed doors among the United States and the Basin States will likely have a direct impact on Basin Tribes’ water rights and other resources and we expect and demand that you protect our interests,” tribal representatives wrote.
Being left out of Colorado River talks is not a new problem for the tribes in the Colorado River Basin.
The initial compact was negotiated and signed on Nov. 24, 1922, by seven land-owning white men, who brokered the deal to benefit people who looked like them, said Jennifer Pitt of the National Audubon Society, who is working to restore rivers throughout the basin.
“They divided the water among themselves and their constituents without recognizing water needs for Mexico, the water needs of Native American tribes who were living in their midst and without recognizing the needs of the environment,” Pitt said.
Mexico, through which the tail of the Colorado meanders before trickling into the Pacific Ocean, secured its supply through a treaty in 1944. The treaty granted 1.5 million acre-feet on top of the original 15 million acre-feet that had already been divided, 7.5 million each for the Upper and Lower Basins.
Tribes, however, still don’t have full access to the Colorado River. Although the compact briefly noted that tribal rights predate all others, it lacked specificity, forcing individual tribes to negotiate settlements or file lawsuits to quantify those rights, many of which are still unresolved. It’s important to recognize the relationship between Native and non-Native people at that time, said Daryl Vigil, water administrator for the Jicarilla Apache Nation in New Mexico.
“In 1922, my tribe was subsistence living,” Vigil said. “The only way we could survive was through government rations on a piece of land that wasn’t our traditional homeland. That’s where we were at when the foundational law of the river was created.”
COMPETING INTERESTS
Agriculture uses the majority of the water on the river, around 70% or 80% depending on what organization is making the estimate. When it comes to the difficult question of how to reduce water use, farmers and ranchers are often looked to first.
Some pilot programs have focused on paying farmers to use less water, but unanswered questions remain about how to transfer the savings to Lake Powell for storage or how to create a program in a way that would not negatively impact a farmer’s water rights.
Antiquated state laws mean the amount of water that a water right gives someone access to can be decreased if not fully used.
That’s why the Camblin family ranch in Craig in northwest Colorado plans to flood irrigate once a decade, despite recently upgrading to an expensive, water-conserving pivot irrigation system. Nine years out of 10, they’ll receive payment from a conservation group in exchange for leaving the surplus water in the river. But in Colorado, the state revokes water rights after 10 years if they aren’t used.
Not only would losing that right mean they can’t access a backup water supply should their pivot system fail, but their property’s value would plummet, Mike Camblin explained. He runs a yearling cattle operation with his wife and daughter, and says an acre of land without water sells for $1,000, about a fifth of what it would sell for with a water right attached.
There are other ways to improve efficiency, but money is still often a barrier.
Wastewater recycling is growing across the region, albeit slowly, as it requires massive infrastructure overhauls. San Diego built a robust desalination plant to turn seawater to drinking water, and yet some agricultural users are trying to get out of their contract since the water is so expensive. Some cities are integrating natural wastewater filtration into their landscaping before the water flows back to the river. It’s all feasible, but is costly, and those costs often get passed directly to water users.
One of the biggest opportunities for water conservation is changing the way our landscapes look, said Lindsay Rogers, a water policy analyst at Western Resource Advocates, a nonprofit dedicated to protecting water and land in the West.
Converting a significant amount of outdoor landscaping to more drought-tolerant plants would require a combination of policies and incentives, Rogers explained. “Those are going to be really critical to closing our supply-demand gap.”
After years of incentive programs for residents, Las Vegas recently outlawed all nonfunctional grass by 2026, setting a blueprint for other Western communities. For years, the city has also paid residents to rip out their lawns.
Several water agencies, including the one that serves Las Vegas, recently wrote to the Bureau of Reclamation committing to more water reuse and lawn replacement. Denver Water signed it, although it does not offer incentives for replacing residential lawns. Its neighbor, Aurora Water, has done so for 15 years and recently restricted non-functional grass in new housing.
This summer, in southern California, the Metropolitan Water District instituted an unprecedented one-day-a-week water restriction.
Still, regardless of the type of water use, more concessions must be made.
“The law of the river is not suited to what the river has become and what we see it increasingly becoming,” Audubon’s Pitt said. “It was built on the expectation of a larger water supply than we have.”
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Outcalt is a reporter with The Colorado Sun and Peterson is an Associated Press video journalist. Both reported from Denver.
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The Associated Press receives support from the Walton Family Foundation for coverage of water and environmental policy. The AP is solely responsible for all content. For all of AP’s environmental coverage, visit https://apnews.com/hub/climate-and-environment | https://cw33.com/news/ap-top-headlines/ap-100-years-after-compact-colorado-river-nearing-crisis-point/ | 2022-09-12T23:50:36Z |
IRVINE, Calif., July 28, 2022 /PRNewswire/ -- Edwards Lifesciences (NYSE: EW) today reported financial results for the quarter ended June 30, 2022.
Second Quarter Highlights and Outlook
- Q2 sales of $1.37 billion were flat versus an elevated prior year; underlying1 sales grew 5 percent
- Q2 TAVR sales grew 1 percent; underlying 5 percent
- Q2 EPS was $0.65; adjusted1 EPS was $0.63
- Lowered second half underlying sales growth outlook to approximately 10 percent
- Expect strong double-digit adjusted EPS growth in the second half
- Repurchased $355 million of stock in Q2
"We continue to expect meaningful progress in 2022 on our pursuit of innovative therapies that address significant unmet patient needs. We grew sequentially in the second quarter despite persistent disruption within the healthcare system. Although hospital staffing remains uncertain, we continue to have confidence in our longer-term outlook," said Michael A. Mussallem, chairman and CEO. "We remain aggressive investors in research and development and clinical research and we look forward to sharing new, groundbreaking clinical trial results later this year."
Transcatheter Aortic Valve Replacement (TAVR)
In the second quarter, the company reported TAVR sales of $907 million, a year-over-year increase of 1 percent, or 5 percent on an underlying basis. Sales growth was limited by ongoing U.S. hospital staffing constraints, but still represented the company's highest quarter of TAVR sales. Globally, the company's local average selling prices and market position were stable. In the U.S., Edwards' TAVR sales were approximately flat with the elevated prior year, but increased in the high-single digit range sequentially.
Outside the U.S., in the second quarter, Edwards' underlying TAVR sales grew in the mid-teens on a year-over-year basis. The company continues to see excellent opportunities for international expansion as TAVR adoption remains low.
Edwards advanced two pivotal trials in the second quarter aiming to expand TAVR indications: the EARLY TAVR trial studying the large group of patients with severe aortic stenosis (AS) and no diagnosed symptoms, and the PROGRESS trial evaluating patients with moderate AS, which represents a group that is much larger than those with severe AS. Edwards also began treating patients in the ALLIANCE pivotal trial for the company's next-generation TAVR technology, the SAPIEN X4 system.
The company continues to estimate that the global TAVR opportunity will double to $10 billion by 2028, implying a low double-digit compounded annual growth rate.
Transcatheter Mitral and Tricuspid Therapies (TMTT)
Edwards continued to progress on three key value drivers for TMTT in the second quarter: a portfolio of differentiated therapies, positive pivotal trial results to support approvals and adoption, and favorable real-world clinical outcomes.
Second quarter TMTT sales were $28 million driven by the continued adoption of the company's PASCAL platform in Europe. The company remains on track for US FDA approval and CE Mark MDR approval of PASCAL Precision by year-end. This next generation system is designed to facilitate precise navigation and an intuitive user experience, extending Edwards' differentiated platform. The company remains on track for U.S. approval late this year of the PASCAL Precision platform for patients with degenerative mitral regurgitation. In addition, Edwards continues to pursue a late 2022 approval for the EVOQUE tricuspid valve replacement system in Europe under the new MDR process.
Edwards anticipates that the global TMTT opportunity will reach $5 billion by 2028. The company remains committed to transforming the treatment of patients with mitral and tricuspid valve disease around the world.
Surgical Structural Heart and Critical Care
Surgical Structural Heart sales for the quarter were $229 million, down 4 percent compared to the second quarter of 2021, or up 2 percent on an underlying basis. Growth was driven by increased penetration of the company's premium RESILIA products. The company experienced strong adoption of the MITRIS RESILIA mitral valve in the U.S. beginning with its launch in April. Building on the commercial success of the INSPIRIS aortic valve, the MITRIS valve offers intuitive product features as well as the benefits of the innovative RESILIA tissue technology.
Critical Care sales were $211 million for the quarter, down 2 percent versus the second quarter of 2021, or up 3 percent on an underlying basis. Sales growth was driven by increased adoption of the company's Hypotension Prediction Index algorithm, and its broad portfolio of sensors.
Additional Financial Results
For the quarter, the adjusted gross profit margin was 80.5 percent, compared to 75.9 percent in the same period last year. This improvement was driven by the higher-than-expected positive impact from the company's FX program, which includes natural hedges and hedge contract gains that offset the sales impact from the weakening of the euro and yen against the dollar.
Selling, general and administrative expenses in the second quarter were $409 million, or 29.8 percent of sales, compared to $374 million in the prior year. The year-over-year increase was primarily due to a resumption of in-person commercial activities, partially offset by the weakening of the euro and yen against the dollar.
Research and development expenses in the second quarter grew 11 percent to $251 million, or 18.3 percent of sales, compared to $225 million in the prior year. This increase was primarily the result of continued investments in Edwards' transcatheter innovations, including eight currently enrolling pivotal clinical trials.
Free cash flow for the second quarter was $289 million, defined as cash flow from operating activities of $332 million, less capital spending of $43 million.
Cash, cash equivalents and short-term investments totaled $1.5 billion as of June 30, 2022. During the second quarter, shares were repurchased through a pre-established 10b5-1 program totaling $355 million. In July, the company obtained Board approval to increase the authorization under the company's share repurchase program, consistent with its long-time practice of seeking new authorizations when the prior authorization has been diminished. Edwards currently has $1.9 billion remaining under the program.
Outlook
Primarily as a result of more pronounced FX headwinds and the slower than expected improvement in COVID-related hospital staffing, the company is lowering its guidance to more accurately reflect these challenges. The company expects approximately 10 percent underlying sales growth in the second half of the year. For total Edwards, the company now expects full year 2022 sales of $5.35 to $5.55 billion. For TAVR, $3.5 to $3.7 billion; for TMTT, $110 to $140 million; for Surgical Structural Heart, $870 to $950 million; and for Critical Care, $820 to $900 million. The company now expects full year adjusted EPS guidance at the bottom end of its original guidance range of $2.50 to $2.65, representing double-digit growth over 2021.
For the third quarter of 2022, the company projects total sales to be between $1.30 and $1.37 billion, and adjusted EPS of $0.58 to $0.66.
"Our strong foundation of technology leadership, combined with a robust pipeline, positions us well for continued success," said Mussallem. "As patients and clinicians increasingly recognize the significant benefits of transcatheter-based technologies, supported by the substantial body of compelling evidence, we remain as optimistic as ever about the long-term growth opportunities."
About Edwards Lifesciences
Edwards Lifesciences is the global leader of patient-focused innovations for structural heart disease and critical care monitoring. We are driven by a passion for patients, dedicated to improving and enhancing lives through partnerships with clinicians and stakeholders across the global healthcare landscape. For more information, visit Edwards.com and follow us on Facebook, Instagram, LinkedIn, Twitter and YouTube.
Conference Call and Webcast Information
Edwards Lifesciences will be hosting a conference call today at 2:00 p.m. PT to discuss its second quarter results. To participate in the conference call, dial (877) 704-2848 or (201) 389-0893. The call will also be available live and archived on the "Investor Relations" section of the Edwards web site at ir.edwards.com or www.edwards.com.
This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements can sometimes be identified by the use of words such as "may," "will," "should," "anticipate," "believe," "plan," "project," "estimate," "potential," "predict," "early clinician feedback," "expect," "intend," "guidance," "outlook," "optimistic," "aspire," "confident" or other forms of these words or similar expressions and include, but are not limited to, statements made by Mr. Mussallem, third quarter and full year 2022 financial guidance, statements regarding the TAVR and TMTT opportunity, statements regarding the RESILIA tissue technology, and the international adoption of TAVR, the compounded annual growth rate, statements regarding transforming patient treatment, approvals, clinical outcomes, adoption, and the information in the Outlook section. No inferences or assumptions should be made from statements of past performance, efforts, or results which may not be indicative of future performance or results. Forward-looking statements are based on estimates and assumptions made by management of the company and are believed to be reasonable, though they are inherently uncertain, difficult to predict, and may be outside of the company's control. The company's 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 to reflect events or circumstances after the date of the statement. If the company does update or correct one or more of these statements, investors and others should not conclude that the company will make additional updates or corrections.
Forward-looking statements involve risks and uncertainties that could cause actual results or experience to differ materially from that expressed or implied by the forward-looking statements. Factors that could cause actual results or experience to differ materially from that expressed or implied by the forward-looking statements include risk and uncertainties associated with the COVID pandemic, clinical trial or commercial results or new product approvals and therapy adoption; unpredictability of product launches; competitive dynamics; changes to reimbursement for the company's products; the company's success in developing new products and avoiding manufacturing and quality issues; the impact of currency exchange rates; the timing or results of R&D and clinical trials; unanticipated actions by the U.S. Food and Drug Administration and other regulatory agencies; unexpected litigation impacts or expenses; and other risks detailed in the company's filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year ended December 31, 2021, its Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, and its other filings with the SEC. These filings, along with important safety information about our products, may be found at edwards.com.
Edwards, Edwards Lifesciences, the stylized E logo, ALLIANCE, EARLY TAVR, EVOQUE, INSPIRIS, MITRIS, MITRIS RESILIA, PASCAL, PASCAL Precision, PROGRESS, RESILIA, SAPIEN, and SAPIEN X4 are trademarks of Edwards Lifesciences Corporation or its affiliates. All other trademarks are the property of their respective owners. This statement is made on behalf of Edwards Lifesciences Corporation and its subsidiaries.
EDWARDS LIFESCIENCES CORPORATION
Non-GAAP Financial Information
To supplement the consolidated financial results prepared in accordance with Generally Accepted Accounting Principles ("GAAP"), the Company uses non-GAAP historical financial measures. Management makes adjustments to the GAAP measures for items (both charges and gains) that (a) do not reflect the core operational activities of the Company, (b) are commonly adjusted within the Company's industry to enhance comparability of the Company's financial results with those of its peer group, or (c) are inconsistent in amount or frequency between periods (albeit such items are monitored and controlled with equal diligence relative to core operations). The Company uses the term "underlying" when referring to non-GAAP sales and sales growth information, which excludes currency exchange rate fluctuations. The Company uses the term "adjusted" to also exclude intellectual property litigation expenses, amortization of intangible assets, and fair value adjustments to contingent consideration liabilities arising from acquisitions.
Management uses non-GAAP financial measures internally for strategic decision making, forecasting future results, and evaluating current performance. These non-GAAP financial measures are used in addition to, and in conjunction with, results presented in accordance with GAAP and reflect an additional way of viewing aspects of the Company's operations by investors that, when viewed with its GAAP results, provide a more complete understanding of factors and trends affecting the Company's business and facilitate comparability to historical periods.
Non-GAAP financial measures are not prepared in accordance with GAAP; therefore, the information is not necessarily comparable to other companies and should be considered as a supplement to, and not as a substitute for, or superior to, the corresponding measures calculated in accordance with GAAP. A reconciliation of non-GAAP historical financial measures to the most comparable GAAP measure is provided in the tables below.
Fluctuations in currency exchange rates impact the comparative results and sales growth rates of the Company's underlying business. Management believes that excluding the impact of currency exchange rate fluctuations from its sales growth provides investors a more useful comparison to historical financial results. The impact of the fluctuations has been detailed in the "Reconciliation of Sales by Product Group and Region."
Guidance for sales and sales growth rates is provided on an "underlying basis," and projections for diluted earnings per share, net income and growth, gross profit margin, taxes, and free cash flow are also provided on a non-GAAP basis, as adjusted, for the items identified above due to the inherent difficulty in forecasting such items without unreasonable efforts. The Company is not able to provide a reconciliation of the non-GAAP guidance to comparable GAAP measures due to the unknown effect, timing, and potential significance of special charges or gains, and management's inability to forecast charges associated with future transactions and initiatives.
Management considers free cash flow to be a liquidity measure which provides useful information to management and investors about the amount of cash generated by business operations, after deducting payments for capital expenditures, which can then be used for strategic opportunities or other business purposes including, among others, investing in the Company's business, making strategic acquisitions, strengthening the balance sheet, and repurchasing stock.
The items described below are adjustments to the GAAP financial results in the reconciliations that follow:
Intellectual Property Litigation Expenses, net - The Company incurred net intellectual property litigation expenses of $7.1 million and $6.4 million in the first quarter of 2022 and 2021, respectively, and $6.1 million and $2.4 million in the second quarter of 2022 and 2021, respectively.
Change in Fair Value of Contingent Consideration Liabilities, net - The Company recorded gains of $2.9 million and $4.5 million in the first quarter of 2022 and 2021, respectively, and $20.9 million and $102.6 million in the second quarter of 2022 and 2021, respectively, related to changes in the fair value of its contingent consideration liabilities arising from acquisitions.
Amortization of Intangible Assets - The Company recorded amortization expense related to developed technology and patents in the amount of $1.7 million and $1.1 million in the first quarter of 2022 and 2021, respectively, and $1.2 million and $3.3 million in the second quarter of 2022 and 2021, respectively.
Provision for Income Taxes - The income tax impact of the expenses and gains discussed above is based upon the items' forecasted effect upon the Company's full year effective tax rate. Adjustments to forecasted items unrelated to the expenses and gains above, as well as impacts related to interim reporting, will have an effect on the income tax impact of these items in subsequent periods.
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BETHESDA, Md., June 27, 2022 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today announced it has purchased group annuity contracts from Athene Holding Ltd. (NYSE: ATH), a leading retirement services company. Under the contracts, Lockheed Martin will transfer approximately $4.3 billion of its gross pension obligations and related plan assets for approximately 13,600 U.S. retirees and beneficiaries to Athene. The contracts were purchased using assets from Lockheed Martin's master retirement trust and no additional funding contribution was required as part of this transaction.
On Jan. 1, 2023, Athene will begin paying and administering the retirement benefits of the affected retirees and beneficiaries in the Lockheed Martin Corporation Salaried Employee Retirement Program and the Lockheed Martin Aerospace Hourly Pension Plan. The transaction will result in no changes to the benefits received by retirees and beneficiaries. Transferred pension benefits are subject to the protections offered by the State Guaranty Association in the states where the retirees and beneficiaries live. Affected retirees and beneficiaries will receive a letter with additional details about the transfer.
In connection with this transaction, the company expects to recognize a non-cash, non-operating settlement charge of approximately $1.5 billion ($1.2 billion, or $4.50 per share, after tax) in the second quarter of 2022, related to the accelerated recognition of actuarial losses for the affected plans that were included in stockholders' equity. The actual settlement charge will depend on finalization of the actuarial assumptions, including discount rate and investment rate of return, as of the measurement date. The charge was not included in the company's prior 2022 financial outlook released on April 19, 2022, and the company will provide an update to its 2022 financial outlook with its second quarter earnings release.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
Please follow @LMNews on Twitter for the latest announcements and news across the company.
Forward-Looking Statements
This news release contains statements that, to the extent they are not recitations of historical fact, constitute forward-looking statements within the meaning of the federal securities laws, including the expected non-cash settlement charge, and are based on Lockheed Martin's current expectations and assumptions. The words "believe," "estimate," "anticipate," "project," "intend," "expect," "plan," "outlook," "scheduled," "forecast," and similar expressions are intended to identify forward-looking statements. There can be no assurance that future events will occur as anticipated, if at all, or that actual results will be as expected. These statements are not guarantees of future performance and are subject to risks and uncertainties. Actual results may differ materially due to factors such as: the amount of the expected settlement charge, the accuracy of the Lockheed Martin's estimates and projections; timing and estimates regarding pension funding and movements of interest rates; and other changes that may affect pension plan assumptions, stockholders' equity, the level of the FAS/CAS adjustment and actual returns on pension plan assets and the impact of pension related legislation. These are only some of the factors that may affect the forward-looking statements contained in this news release. For a discussion identifying additional important factors that could cause actual results to vary materially from those anticipated in the forward-looking statements, see Lockheed Martin's filings with the U.S. Securities and Exchange Commission ("SEC") including, but not limited to, "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" in the company's Annual Report on Form 10-K for the year ended December 31, 2021 and subsequent quarterly reports on Form 10-Q. Lockheed Martin's filings may be accessed through the Investor Relations page of its website, www.lockheedmartin.com/investor, or through the website maintained by the SEC at www.sec.gov. Except where required by applicable law, Lockheed Martin expressly disclaims a duty to provide updates to forward-looking statements after the date of this news release to reflect subsequent events, changed circumstances, changes in expectations, or the estimates and assumptions associated with them. The forward-looking statements in this news release are intended to be subject to the safe harbor protection provided by the federal securities laws.
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Fathom Events' Easter Sunday: Live with Jo Koy, featuring an exclusive comedic introduction with Jo Koy, takes place on August 4, 2022
Easter Sunday, from Universal Pictures and DreamWorks Pictures, arrives in theaters nationwide August 5.
DENVER, July 12, 2022 /PRNewswire/ -- Global stand-up comedy sensation Jo Koy will bring his singular and hilarious take on family matters to theaters nationwide with an exclusive comedic introduction as part of a celebration of his groundbreaking new feature film, Easter Sunday. Ahead of the film's nationwide release on August 5, Fathom Events will present Koy's live introduction in more than 850 theaters across the country on August 4, followed immediately by a full screening of the film from Universal Pictures and DreamWorks Pictures.
See trailer HERE.
Koy's live introduction takes place on Thursday, Aug. 4, at AMC Lincoln Square in New York City and it will play in theaters nationwide LIVE at 8:00 pm ET and 5:00 pm PT and tape-delayed at 8:00 pm CT/MT/ PT.
In Easter Sunday, Koy (Jo Koy: In His Elements, Jo Koy: Comin' in Hot) stars as a man returning home for an Easter celebration with his riotous, bickering, eating, drinking, laughing, loving family in this love letter to his Filipino-American community.
"Fathom Events is excited to present this exclusive, live introduction from Jo Koy to kick off the debut of Easter Sunday; it's what Event Cinema is all about," said Ray Nutt, CEO of Fathom Events. "Jo's comedy is so hilarious because it's so relatable. Who doesn't have crazy holiday traditions with their family?"
Tickets to Easter Sunday and this special live comedic introduction can be purchased online at www.fathomevents.com or at participating theater box offices. For a complete list of theater locations visit the Fathom Events website (theaters and participants are subject to change).
Easter Sunday features an all-star comedic cast that includes Jimmy O. Yang (Silicon Valley series), Tia Carrere (True Lies, Wayne's World films), Brandon Wardell (Curb Your Enthusiasm series), Tony nominee Eva Noblezada (Broadway's Hadestown), Lydia Gaston (Broadway's The King and I), Asif Ali (WandaVision), Rodney To (Parks and Recreation series), Eugene Cordero (The Good Place series), Jay Chandrasekhar (I Love You, Man), Tiffany Haddish (Girls Trip) and Lou Diamond Phillips (Courage Under Fire).
Easter Sunday, from DreamWorks Pictures, is directed by Jay Chandrasekhar (Super Troopers, The Dukes of Hazzard, I Love You, Man), from a script by Ken Cheng (Sin City Saints series) and Kate Angelo (Sex Tape) based on a story by Ken Cheng.
The film is produced by Rideback's blockbuster producers Dan Lin (The Lego Movie franchise, It franchise) and Jonathan Eirich (Aladdin, The Two Popes), and is executive produced by Nick Reynolds, Joe Meloche, Jo Koy, Jessica Gao, Jimmy O. Yang, Ken Cheng and Seth William Meier.
The film is distributed by Universal Pictures domestically. Amblin Partners and Universal share international distribution rights.
Press Assets: Can be found HERE
Fathom is a recognized leader in the entertainment industry as one of the top distributors of content to movie theaters in North America. Owned by AMC Entertainment Inc. (NYSE: AMC); Cinemark Holdings, Inc. (NYSE: CNK); and Regal, a subsidiary of the Cineworld Group (LSE: CINE.L), Fathom operates the largest cinema distribution network, delivering a wide variety of programming and experiences to cinema audiences in all of the top U.S. markets and to more than 45 countries. For more information, visit www.FathomEvents.com.
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Highland Park is known for producing some of the best athletes in the Dallas-Fort Worth area- they are also known for producing some of the best athletes in the country. The Scots have plenty of claims to fame after Clayton Kershaw won the World Series with the Los Angeles Dodgers and Matthew Stafford won the Super Bowl with the Los Angeles Rams, but most recently they have something more to be proud of in the golf world with alumni Scottie Scheffler winning the Masters!
Highland Park ISD Athletics
Before Scheffler was a professional golf expert, Scheffler was a golf prodigy headed for greatness at Highland Park. Not only was Scottie Scheffler part of the 2012-13 Highland Park Scots golf team that won the UIL Class 4A, but he earned three UIL Class 4A Boys Individual State Championship titles. The titles came as three-peats as Scheffler won the 2011-12 state title with a score of 140, the 2012-13 state title with a score of 135, and the 2013-14 state title with a score of 138. Sc
With such a great high school career, Scheffler graduated in 2014 and headed off to golf for Texas. With the Longhorns, Scheffler continued to show his ability on the course while earning many honors. As a senior, Scheffler posted eight top-25 finishes in 11 events and five-straight top-11 finishes while finishing 22 rounds (out of 34) at or under par and 13 rounds in the 60s.
Scheffler entered the Masters as the world’s No. 1 ranked golfer. He earned the No. 1 spot after winning the Phoenix Open on Super Bowl Sunday, posting a comeback win at the Arnold Palmer Invitational at Bay Hill, and winning Dell Match Play just two weeks ago at his very own college stomping grounds in Austin, Texas.
Scheffler’s big win for the famous green jacket came after he started the final round with a three-shot lead and finished 10-under-par to win $2.7 million. The win marks only the second time an athlete has won the Masters after making their debut as No. 1 in the world. The first to do it was Ian Woosnam in 1991. As one of the youngest athletes to win the Master’s Scheffler was excited to get home, eat dinner, and watch tv with his wife. “Tonight, I’m looking forward to just chilling… getting dinner and watching The Office,” Scheffler said following his win- he and his wife are currently watching the series.
Highland Park athletic director, Johnny Ringo, spoke a little bit about this great accomplishment for Scheffler. “Don’t know where to start!” Ringo wrote on Sunday night. “An awesome young man from an awesome family who represented the Scots in the best way possible just won the tourney of all tourneys! Congrats Scottie!” | https://cw33.com/sports/highland-park-alumni-scottie-scheffler-wins-the-masters/ | 2022-04-11T23:41:32Z |
Services for Juanita Moralez Hernandez, 100, of Temple will be 10 a.m. Wednesday at Harper-Talasek Funeral Home in Temple.
Burial will be in Bellwood Memorial Park and Cemetery in Temple.
Ms. Hernandez died Wednesday, April 27, at a Temple hospital.
She was born June 16, 1921, in Bastrop. She was a homemaker, and a member of the Goodwill Mexican Baptist Church.
Survivors include three sons, Corlos Rincon of California, Nick Rincon of Amarillo and Pete Hernandez of Temple; four daughters, Maria Rodriguez of Royse City, Victoria Navarro of Petersburg and Janie H. “Juanita” Garcia and Janie Hernandez, both of Temple; 20 grandchildren; 35 great-grandchildren; and 20 great-great-grandchildren.
Visitation will be 5-7 p.m. today at the funeral home. | https://www.tdtnews.com/obituaries/article_fd7d3208-ca8c-11ec-91a6-cf38cc9b088e.html | 2022-05-03T06:04:59Z |
HAMILTON, Bermuda, Aug. 22, 2022 /PRNewswire/ -- White Mountains Insurance Group, Ltd. (NYSE: WTM) announced today that it has commenced a "modified Dutch auction" self-tender offer to purchase up to $500 million in value of its common shares, at a purchase price not greater than $1,400 nor less than $1,250 per share, in cash, less any applicable withholding taxes and without interest. The tender offer commenced today, on August 22, 2022, and will expire at 12:00 midnight, New York City time, at the end of the day on September 20, 2022, unless extended. White Mountains's common shares closed on the New York Stock Exchange at $1,305.13 per share on August 19, 2022.
A "modified Dutch auction" self-tender offer allows shareholders to indicate how many shares and at what price within the Company's specified range they wish to tender their shares. Based on the number of shares tendered and the prices specified by the tendering shareholders, the Company will determine the lowest purchase price per share within the range that will enable it to purchase $500 million in value of shares, or if a lesser value of shares is properly tendered, all shares that have been properly tendered and not properly withdrawn. In the event that shares representing more than $500 million in value are properly tendered in the tender offer, the Company reserves the right to increase the number of shares sought in the tender offer by an amount not exceeding 2% of outstanding shares without extending the expiration time for the tender offer. All shares purchased by the Company in the tender offer will be purchased at the same price regardless of whether the shareholder tendered at a lower price. The Company will not purchase shares below a price stipulated by a shareholder, and in some cases, may actually purchase shares at a price above a shareholder's indication under the terms of the tender offer.
If the tender offer is fully subscribed, (1) at the maximum purchase price of $1,400 per share, the Company could purchase 357,142 shares, which would represent approximately 12.3% of shares outstanding and (2) at the minimum purchase price of $1,250 per share, the Company could purchase 400,000 shares, which would represent approximately 13.8% of the shares outstanding.
The tender offer will not be conditioned upon the receipt of financing or any minimum number of shares being tendered. The tender offer will be, however, subject to certain conditions as will be specified in the offer to purchase. Specific instructions and a complete explanation of the terms and conditions of the tender offer will be contained in the offer to purchase, the letter of transmittal and the related materials, which will be mailed to shareholders of record shortly after commencement of the tender offer. Any shares tendered may be withdrawn prior to expiration of the tender offer.
None of the Company, its Board of Directors, the dealer managers or the information agent for the tender offer makes any recommendation as to whether any shareholder should participate or refrain from participating in the tender offer or as to the price or prices at which shareholders may choose to tender their shares in the tender offer. Shareholders must make their own decision as to whether to tender their shares and, if so, how many shares to tender and the price or prices at which they will tender their shares.
D.F. King & Co., Inc. will serve as information agent for the tender offer. The dealer managers for the tender offer will be J.P. Morgan Securities LLC and Barclays Capital Inc.
White Mountains is traded on the New York Stock Exchange under the symbol "WTM" and the Bermuda Stock Exchange under the symbol "WTM-BH".
This press release is for informational purposes only and is not an offer to buy or the solicitation of an offer to sell any shares of the Company's common shares. The solicitation and offer to buy the Company's common shares will only be made pursuant to the offer to purchase and the related materials that the Company will send to its shareholders shortly after commencement of the tender offer. Shareholders should carefully read those materials when they are available because they will contain important information, including the various terms and conditions of the tender offer. Shareholders may obtain free copies, when available, of the offer to purchase, the letter of transmittal and the related materials that will be filed by the Company with the Securities and Exchange Commission at the commission's website at www.sec.gov. Shareholders also may obtain a copy of these documents, without charge, from the Company's website: www.whitemountains.com. Shareholders are urged to read these materials carefully prior to making any decision with respect to the offer.
Shareholders and investors who have questions or need assistance may call D.F. King & Co., Inc. at (800) 290-6424 (toll free) or email wtm@dfking.com.
This press release may contain "forward-looking statements". All statements, other than statements of historical facts, included or referenced in this press release which address activities, events or developments which White Mountains expects or anticipates will or may occur in the future are forward-looking statements. The words "could", "will", "believe", "intend", "expect", "anticipate", "project", "estimate", "predict" and similar expressions are also intended to identify forward-looking statements. These forward-looking statements include, among others, statements with respect to the conduct, terms and completion of the tender offer.
These statements are based on certain assumptions and analyses made by White Mountains in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors believed to be appropriate in the circumstances. However, whether actual results and developments will conform to its expectations and predictions is subject to risks and uncertainties that could cause actual results to differ materially from expectations, including:
- the risks that are described from time to time in White Mountains's filings with the Securities and Exchange Commission, including but not limited to White Mountains's Annual Report on Form 10-K for the fiscal year ended December 31, 2021;
- claims arising from catastrophic events, such as hurricanes, earthquakes, floods, fires, severe winter weather, public health crises, terrorist attacks, explosions, infrastructure failures, cyber-attacks or armed conflicts;
- recorded loss reserves subsequently proving to have been inadequate;
- the market value of White Mountains's investment in MediaAlpha;
- the trends and uncertainties from the COVID-19 pandemic, including judicial interpretations on the extent of insurance coverage provided by insurers for COVID-19 pandemic related claims;
- business opportunities (or lack thereof) that may be presented to it and pursued;
- actions taken by rating agencies, such as financial strength or credit ratings downgrades or placing ratings on negative watch;
- the continued availability of capital and financing;
- deterioration of general economic, market or business conditions, including due to outbreaks of contagious disease (including the COVID-19 pandemic) and corresponding mitigation efforts;
- competitive forces, including the conduct of other insurers;
- changes in domestic or foreign laws or regulations, or their interpretation, applicable to White Mountains, its competitors or its customers; and
- other factors, most of which are beyond White Mountains's control.
Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements, and there can be no assurance that the actual results or developments anticipated by White Mountains will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, White Mountains or its business or operations. Except for our obligations under Rule 13e-4(c)(3) and Rule 13e-4(e)(3) of the Exchange Act to disclose any material changes in the information previously disclosed to shareholders or as otherwise required by law, the Company assumes no obligation to publicly update any such forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Rob Seelig
(603) 640-2212
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SOURCE White Mountains Insurance Group, Ltd. | https://www.wibw.com/prnewswire/2022/08/22/white-mountains-commence-self-tender-offer-purchase-up-500-million-value-its-common-shares/ | 2022-08-22T11:37:49Z |
Mariners send young RHP Matt Brash to Triple-A, move to ‘pen
SEATTLE (AP) — The Mariners optioned young right-handed starter Matt Brash to Triple-A Tacoma, with the plan to transition him to a bullpen role for the rest of the season. Seattle manager Scott Servais said the team thinks Brash can best contribute on the big league club from the bullpen this year. He did not commit to Brash relieving long term. Brash, who turns 24 next week, was 1-3 with a 7.65 ERA in five starts. He gave up six runs in two innings last Friday against Miami, and on Wednesday lasted just three innings and gave up six hits and four runs in a loss to Houston. | https://localnews8.com/sports/ap-national-sports/2022/05/05/mariners-send-young-rhp-matt-brash-to-triple-a-move-to-pen/ | 2022-05-06T00:02:04Z |
You can become a Manatee BFF for International Manatee Day
SARASOTA, Fla. (WWSB) - It costs a lot of money to feed manatees and rehab facilities are working overtime to make sure the lovable creature is well taken care of.
You can help support the care for sick and injured manatees and help them return to the wild through the Bishop Foster Friends Program!
BFFs provide things like food and the specialized care and habitat that manatees need by providing guaranteed support that ensures The Bishop can meet the needs of one of Florida’s most beloved — and threatened — species.
As colder weather moves into Southwest Florida, we can work together as a community to provide for these gentle giants.
Make a monthly donation here. You can also keep an eye out for manatee related events at Bishop.
The Bishop has been rehabilitating manatees since 1998 and was a founding member of the Manatee Rescue and Rehabilitation Partnership (MRP) in 2001.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/09/07/you-can-become-manatee-bff-international-manatee-day/ | 2022-09-07T18:04:30Z |
- Funding will support 23 programs that serve more than 10,000 seniors
- Effort will help reduce pain at the pump felt by many volunteer drivers
GREENVILLE, S.C., July 20, 2022 /PRNewswire/ -- When times are tough and many feel a strain on their pocketbooks, older South Carolinians who are already in need of nutritious meals and the nonprofits that serve them can and do struggle to just get by.
To both assist and amplify this critical need, the Duke Energy Foundation is funding $100,000 in grants to 23 mobile feeding programs that serve more than 10,000 seniors every day across the state.
These grants come at a time of great need, with many feeding programs feeling the financial double impact of recovering from the pandemic and economic uncertainties. Rising costs are challenging the daily food operations of these community organizations, and these impacts at the gas pump have led to a large number of volunteer drivers stepping down or modifying their delivery routes.
"Food insecurity is a challenge for many and directly impacts the communities we serve," said Mike Callahan, Duke Energy's South Carolina state president. "We hope this funding will fill a crucial gap while also shining a bright light on the people who do this amazing work to support our seniors each and every day."
The grant will allow local organizations to either purchase gas cards to supplement volunteers' costs to deliver meals, or offset the cost of paid drivers, allowing these groups to continue to feed seniors much-needed nutritious meals.
A complete list of recipients can be found here.
Quotes
- "Our organization has seen a 105% increase in our gas expenses in the past year," said Catriona Carlisle, executive director of Meals on Wheels of Greenville. "The rising prices have caused drivers to be unable to afford regular delivery of meals to our neighbors in need. The invaluable support of Duke Energy will allow us to recruit more volunteers to make sure we continue serving over 1,500 meals daily in Greenville County."
- "Partners like Duke Energy make services like our senior mobile meal delivery program possible," said Tracey Bendenbaugh, CEO of Piedmont Agency on Aging. "This grant will allow us to more confidently deliver meals to our neighbors despite rising commodity costs."
- "As prices increase, so does the need for our services," said Gail Wilson, executive director for Sumter Senior Services. "With the grant provided by the Duke Energy Foundation, we will be able to meet these needs and assist seniors in Sumter County. We are so appreciative of their support."
Duke Energy Foundation
The Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The foundation is funded by Duke Energy shareholders.
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.
Contact: Ryan Mosier
24-Hour: 800.559.3853
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SOURCE Duke Energy | https://www.wibw.com/prnewswire/2022/07/20/duke-energy-responds-rising-costs-with-100000-grants-senior-mobile-meal-programs-south-carolina/ | 2022-07-20T18:35:35Z |
Meals on Wheels invites kids to help during Kids for Kindness - Super Hero Week
TOPEKA, Kan. (WIBW) - Meals on Wheels has invited their superhero volunteers to bring their children to volunteer during Kids for Kindness- Super Hero Week.
Midland Care says Meals on Wheels has announced its Kids for Kindness - Super Hero Week will be held between June 13 and 17.
Midland Care noted that Meals on Wheels is able to deliver hundreds of meals per day due to the dedication of super volunteers. During the Kids for Kindness - Super Hero Week, it said it encourages volunteers to bring little heroes along to deliver meals while wearing their favorite costumes.
The organization said delivering meals is rewarding, and meaningful and puts a sense of community in children. It said clients love to see dedicated volunteers bring their kids, grandkids, nieces and nephews along to help and bring smiles to their faces.
Over and over, Midland Care said it hears stories of current volunt-heroes who fondly recall meal delivers with their parents or grandparents and now carry on that tradition.
Midland Care said this is an invitation to volunteers to continue that tradition and introduce the next generation of heroes to the joys of serving their community.
If not currently volunteering for Meals on Wheels, Midland Care said residents can become someone’s hero and volunteer now. It said summer is a great time to volunteer as many regular volunteers take vacations.
If interested in learning more about becoming a Meals on Wheels volunteer, email abarter@midlandcc.org or call the Meals on Wheels office at 785-430-2186.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/10/meals-wheels-invites-kids-help-during-kids-kindness-super-hero-week/ | 2022-06-10T17:13:50Z |
MELBOURNE, Australia and BOSTON, June 14, 2022 /PRNewswire/ -- Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) today announces that it has advanced a partnership with Invicro LLC (Invicro), a global, industry-leading imaging CRO, and part of REALM IDx, Inc., to develop an artificial intelligence (AI) platform to accompany Telix's PSMA-PET[1] imaging agent, Illuccix® (kit for the preparation of gallium Ga 68 gozetotide) - known as TelixAITM.
TelixAITM seeks to increase the efficiency and reproducibility of clinicians' imaging assessments using advanced analysis capabilities with an initial focus on prostate cancer. The platform is designed to do this by automatically separating healthy versus abnormal tracer uptake and then classifies lesions as either visceral (soft tissue) or bone lesions.
Invicro has a depth of experience in AI, machine learning and algorithm development for medical imaging. Its industry leading medical image analyst team consists of over fifty medical image processing scientists. The commercial objective of the development partnership is the submission to the United States Food and Drug Administration (FDA) 510(K) approval for software as a medical device.
A demonstration of TelixAITM was presented this week at the Society of Nuclear Medicine and Molecular Imaging (SNMMI) Annual Meeting being held in Vancouver, BC from June 11-14.
Telix Chief Scientist, Dr. Michael Wheatcroft said, "We are pleased to be advancing the TelixAITM platform with Invicro, which aims to further enhance the utility of molecular imaging starting with Illuccix. Our investment in TelixAITM is expected to extend into multiple applications for Telix's late-stage imaging assets, including TLX250-CDx, which is currently completing a Phase III pivotal trial in renal cancer imaging."
CEO of Invicro, Matt Silva, Ph.D., continued, "Invicro is delighted to bring our deep expertise in PET imaging, AI and machine learning and take this collaboration with Telix's Research and Innovation team into the next stage. We are excited about the possibility of bringing this software to realization with Illuccix and for the potential impact on clinicians' decision-making and patient outcomes with Telix's broad theranostic pipeline."
About Invicro
Headquartered in Needham, MA, Invicro, a part of REALM IDx, was founded in 2008 with the mission of improving the role and function of imaging in translational drug discovery and development across all therapeutic areas. Today, Invicro's multi-disciplinary team provides solutions to pharmaceutical and biotech companies across all stages of the drug development pipeline (Phase 0-IV), all imaging modalities and all therapeutic areas, including neurology, oncology, and systemic and rare diseases. Invicro's quantitative biomarker services, advanced analytics and AI tools, and clinical operational services are backed by Invicro's industry-leading software informatics platforms, VivoQuant® and iPACS®, as well as their pioneering IQ-Analytics Platform, which includes AmyloidIQ, TauIQ and DaTIQ.
Invicro operates out of eight global laboratories, clinics and sites within the United States in Massachusetts, Michigan, California, Connecticut and globally in the United Kingdom, India and Japan. For more information visit www.invicro.com
About Telix Pharmaceuticals Limited
Telix is a biopharmaceutical company focused on the development and commercialisation of diagnostic and therapeutic products using Molecularly Targeted Radiation (MTR). Telix is headquartered in Melbourne, Australia with international operations in Belgium, Japan, Switzerland, and the United States. Telix is developing a portfolio of clinical-stage products that address significant unmet medical need in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX). For more information visit www.telixpharma.com and follow Telix on Twitter (@TelixPharma) and LinkedIn.
About Illuccix® (kit for the preparation of gallium Ga 68 gozetotide injection)
Telix's lead product, Illuccix® (kit for the preparation of gallium Ga 68 gozetotide injection), also known as 68Ga PSMA-11 injection, has been approved by the U.S. Food and Drug Administration (FDA),[2] and by the Australian Therapeutic Goods Administration (TGA).[3] Telix is also progressing marketing authorisation applications for this investigational candidate in Europe[4] and Canada.[5] Illuccix is currently being investigated for use with Invicro's AI visual assessment software tool.
INDICATIONS AND USAGE
Illuccix®, after radiolabeling with Ga 68, is a radioactive diagnostic agent indicated for positron emission tomography (PET) of prostate-specific membrane antigen (PSMA) positive lesions in men with prostate cancer:
- with suspected metastasis who are candidates for initial definitive therapy
- with suspected recurrence based on elevated serum prostate-specific antigen (PSA) level
IMPORTANT SAFETY INFORMATION
WARNINGS AND PRECAUTIONS
Risk for Misdiagnosis
Image interpretation errors can occur with gallium Ga 68 gozetotide PET. A negative image does not rule out the presence of prostate cancer and a positive image does not confirm the presence of prostate cancer. The performance of gallium Ga 68 gozetotide for imaging of biochemically recurrent prostate cancer seems to be affected by serum PSA levels and by site of disease. The performance of gallium Ga 68 gozetotide for imaging of metastatic pelvic lymph nodes prior to initial definitive therapy seems to be affected by Gleason score. Gallium Ga 68 gozetotide uptake is not specific for prostate cancer and may occur with other types of cancer as well as non-malignant processes such as Paget's disease, fibrous dysplasia, and osteophytosis. Clinical correlation, which may include histopathological evaluation of the suspected prostate cancer site, is recommended.
Radiation Risks
Gallium Ga 68 gozetotide contributes to a patient's overall long-term cumulative radiation exposure. Long-term cumulative radiation exposure is associated with an increased risk for cancer. Ensure safe handling to minimize radiation exposure to the patient and health care workers. Advise patients to hydrate before and after administration and to void frequently after administration.
ADVERSE REACTIONS
The safety of gallium Ga 68 gozetotide was evaluated in 960 patients, each receiving one dose of gallium Ga 68 gozetotide. The average injected activity was 188.7 ± 40.7 MBq (5.1 ± 1.1 mCi). No serious adverse reactions were attributed to gallium Ga 68 gozetotide. The most commonly reported adverse reactions were nausea, diarrhea, and dizziness, occurring at a rate of < 1%.
DRUG INTERACTIONS
Androgen deprivation therapy and other therapies targeting the androgen pathway
Androgen deprivation therapy (ADT) and other therapies targeting the androgen pathway, such as androgen receptor antagonists, can result in changes in uptake of gallium Ga 68 gozetotide in prostate cancer. The effect of these therapies on performance of gallium Ga 68 gozetotide PET has not been established.
You are encouraged to report suspected adverse reactions of prescription drugs to the FDA. Visit MedWatch at www.fda.gov/medwatch or call 1-800-FDA-1088. You may also report adverse reactions to Telix by calling 1-844-455-8638 or emailing: pharmacovigilance@telixpharma.com.
Please note this information is not comprehensive. Please see full Prescribing Information at illuccix.com
Invicro Media Contact
Brad Lotterman
REALM IDx Communications Director
Email: blotterman@realmidx.com
Telix Investor Relations
Ms. Kyahn Williamson
Telix Pharmaceuticals Limited
SVP Corporate Communications and Investor Relations
Email: kyahn.williamson@telixpharma.com
This announcement has been authorised for release by Dr. Christian Behrenbruch, Managing Director and Group Chief Executive Officer.
Legal Notices
This announcement may include forward-looking statements that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as "may", "expect", "intend", "plan", "estimate", "anticipate", "outlook", "forecast" and "guidance", or other similar words. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on the Company's good-faith assumptions as to the financial, market, regulatory and other considerations that exist and affect the Company's business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix's business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress and results of Telix's preclinical and clinical studies, and Telix's research and development programs; Telix's ability to advance product candidates into, enrol and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals, manufacturing activities and product marketing activities; the commercialisation of Telix's product candidates, if or when they have been approved; estimates of Telix's expenses, future revenues and capital requirements; Telix's financial performance; developments relating to Telix's competitors and industry; and the pricing and reimbursement of Telix's product candidates, if and after they have been approved. Telix's actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.
To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to publicly update or revise any forward-looking statements contained in this announcement, whether as a result of new information, future developments or a change in expectations or assumptions.
The Telix Pharmaceuticals name and logo are trademarks of Telix Pharmaceuticals Limited and its affiliates (all rights reserved).
[1] Prostate-specific membrane antigen-positron emission tomography.
[2] ASX disclosure 20 December 2021.
[3] ASX disclosure 2 November 2021.
[4] ASX disclosure 10 December 2021.
[5] ASX disclosure 16 December 2020.
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SOURCE Telix Pharmaceuticals Limited | https://www.wibw.com/prnewswire/2022/06/14/telix-invicro-advance-ai-partnership/ | 2022-06-14T11:48:20Z |
Eagles move up, take defensive tackle Jordan Davis at 13
By ROB MAADDI
AP Pro Football Writer
The Philadelphia Eagles swapped picks with the Houston Texans to move up and select Georgia defensive tackle Jordan Davis at No. 13 in the first round of the NFL draft Thursday night. The 6-foot-6, 340-pound Davis has unique athleticism and speed for a massive athlete who can anchor the middle of the defensive line. Davis ran a 4.78 in the 40 at the combine. He’ll join six-time Pro Bowl defensive tackle Fletcher Cox and Javon Hargrave on the interior line. The Eagles moved up two spots, sending a fourth-round pick (No. 124) and two fifth-rounders (Nos. 164 and 166) to the Texans. | https://localnews8.com/news/2022/04/28/eagles-move-up-take-defensive-tackle-jordan-davis-at-13/ | 2022-04-29T03:44:53Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Apyx Medical Corporation ("Apyx" or the "Company") (NASDAQ: APYX). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Apyx and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On March 14, 2022, Apyx disclosed that the U.S. Food and Drug Administration ("FDA") would be posting a Medical Device Safety Communication ("MDSC") related to the Company's Advanced Energy Products. The Company further disclosed that "[b]ased on our initial interactions with the FDA, we believe the Agency's MDSC will pertain to the use of our Advanced Energy products outside of their FDA-cleared indication for general use in cutting, coagulation, and ablation of soft tissue during open and laparoscopic surgical procedures."
On this news, Apyx's stock price fell $4.02 per share, or 40.6%, to close at $5.88 per share on March 14, 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/2022/08/01/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-apyx-medical-corporation-apyx/ | 2022-08-01T19:05:10Z |
REC (RESOURCES FOR EVERY CREATOR) EXPANDS NATIONALLY, AFTER FINDING SUCCESS IN PHILADELPHIA'S GROWING CREATIVE ECONOMY
MIAMI, Sept. 6, 2022 /PRNewswire/ -- Philadelphia-based startup, "REC" (also known as "REC Philly"), will call Miami its second home as they launch "REC Miami" behind a $2 million investment from Sean Combs Capital, lead investor in the round. Founded by Forbes 30 Under 30 recipients, Will Toms & Dave Silver, REC is an ecosystem designed and dedicated to providing creative people with the resources, communities and opportunities to pursue their passions and entrepreneurial goals.
The REC Philly location has over 1,000 active members subscribed to their membership offering, giving creators access to a 10,000 sq ft creative facility, educational programming, and access to a network of brands in need of creative services. Members use the space to create content, connect with collaborators, and attend educational & social programming, while brands use REC to source the best emerging talent for their projects. Current brand partners in Philadelphia include Live Nation, Comcast, Cash App, WXPN, WSFS Bank, Amuse, Red Bull, T-Mobile, Ballard Spahr & Temple University.
Sean Combs is committed to creating brands and building businesses that provide opportunities and platforms to empower the next generation of creators. Combs Enterprises will not only utilize REC's spaces but also plans to tap into the creative talent to amplify the brands under his umbrella. With his investment, REC joins Combs Enterprises Portfolio of investments.
"Our goal is to make sure that independent creators have the information, tools and resources needed to win and level the playing field," said Sean "Diddy" Combs. "This partnership is about the future of the creator economy and helping REC expand to serve more creators in cities and countries around the world."
Since its inception in 2015, REC's model has helped pay out nearly $2 million dollars directly to members of its community by way of its creative agency. REC has proven to be a strong bridge for brands to participate in the independent creative revolution in a meaningful way by adapting a 'creator-first' approach that's refreshing to the entertainment industry status quo.
"Our key focus is turning artists and creators into creative entrepreneurs. We've known since the beginning that we weren't just solving a Philadelphia problem. Access to resources, strategies and opportunities is a global challenge for creatives everywhere, and with Diddy's support, we're excited to bring our solution to communities beyond our hometown of Philly, "said Will Toms, Co-founder of REC.
REC is coming to Miami's Little River neighborhood in 2023 behind the partnership with Diddy. The expansion will bring a 12,000 square foot creative facility equipped with multiple recording studios, photo/video production studios, editing bays, podcast studios, dance studios, design studios, an event venue, coworking space and the in-house production equipment needed to create high-quality media. Little River Miami is a neighborhood project owned and developed by Adventurous Journeys(AJ) Capital Partners, a progressive real estate and hospitality company, along with local partner MVW Partners. The neighborhood, consisting of adaptive reuse and ground-up construction, encompasses 25 acres of land with more than 1.08M land sq. ft.
Dave Silver, Co-founder & CEO of REC said, "In Philadelphia, much of our success comes from our ability to empower & convene the local creative community, making it easy for both local & global brands to know where they can find & hire creative talent. Getting artists paid has always been our most impactful metric, and I'm excited to bring that same energy into Miami."
For Toms, Silver and their team, Philly and Miami are just the beginning of the fast-growing REC vision. The collective is actively seeking leaders in cities around the world to bring the model to next.
Learn how to get involved with REC, as a Creator or Brand, at JoinREC.com.
Nathalie Moar
pr@combsenterprises.com
Carma Connected
RECMiami@carmaconnected.com
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SOURCE REC | https://www.kxii.com/prnewswire/2022/09/06/sean-diddy-combs-invests-rec-resource-hub-creators/ | 2022-09-06T14:34:04Z |
SYRACUSE, N.Y. , Sept. 7, 2022 /PRNewswire/ -- The 54th Annual Butter Sculpture at the New York State Fair has come down, but it isn't going to waste.
American Dairy Association North East, in conjunction with Cornell Cooperative Extension Master Gardeners and Noblehurst Farms, dismantled the 800-pound sculpture at the New York State Fairgrounds. Ultimately, the butter – which was provided by O-AT-KA Milk Products in Batavia, N.Y., and was unsuitable for sale or consumption for a variety of reasons - will return to Western New York, less than 15 miles away from where it was originally produced, to be recycled at a local dairy farm.
Noblehurst Farms in Pavilion, N.Y., (Livingston County) will combine the butter with other food waste from local food manufacturers and educational institutions and run it through the farm's digester, converting it into energy. The digester breaks down the material and creates enough electricity to power the farm, the farm's on-site creamery and about 350 homes for a year. Specifically, the butter from the Butter Sculpture alone will be able to power one house for three days.
"We are honored to be recycling the New York State Fair Butter Sculpture for the seventh year in a row," said dairy farmer Chris Noble of Noblehurst Farms and Craigs Creamery. "We will mix the butter sculpture with other food waste and convert it to energy over the course of about 28 days. That energy will be created into electricity which will power homes in the local community."
In recent years, Noblehurst Farms has been recognized nationally for achievements in sustainability and community partnerships to divert food waste from local landfills. The result of Noblehurst's efforts have led to diverting 200 tons of food waste from local landfills on a weekly basis.
"Our awareness of the role that dairy farmers are playing in addressing the global food waste problem has definitely heightened," said Noble. "We are hopeful that our innovative food waste reduction practices will bring additional value as New York State focuses on reducing methane and sequestering carbon in the coming years."
This year's sculpture, "Refuel Her Greatness – Celebrating the 50th Anniversary of Title IX," spotlighted female athletes and how today's athletes refuel with chocolate milk.
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SOURCE American Dairy Association North East | https://www.wibw.com/prnewswire/2022/09/07/new-york-state-fair-800-pound-butter-sculpture-recycled-into-energy-western-new-york-dairy-farm/ | 2022-09-07T16:46:37Z |
BUENOS AIRES, Argentina, June 17, 2022 /PRNewswire/ -- IRSA Inversiones y Representaciones Sociedad Anónima, (NYSE: IRS) (BYMA: IRSA) a corporation (sociedad anónima) incorporated under the laws of the Republic of Argentina ("IRSA"), today announced that it has extended the expiration date of its previously announced offer to exchange (the "Exchange Offer") any and all of its US$360,000,000 aggregate principal amount of outstanding 8.750% Notes due 2023 Series No. 2 (CUSIPs: 463588 AA1 (144A) / P5880U AB6 (Reg S); ISINs: US463588AA16 (144A) / USP5880UAB63 (Reg S)) originally issued by IRSA Propiedades Comerciales S.A. ("IRSA CP") (the "Existing Notes") for 8.750% Senior Notes due 2028 (the "New Notes") to be issued by IRSA and the cash consideration, as more fully described in the exchange offer memorandum dated May 16, 2022 (as amended, the "Exchange Offer Memorandum"). IRSA hereby extends such expiration date from 5:00 p.m., New York City time, on June 16, 2022, to 5:00 p.m., New York City time, on June 28, 2022 (such time and date, the "Expiration Date"). Capitalized terms not defined herein shall have the meanings ascribed to them in the Exchange Offer Memorandum.
According to information provided by Morrow Sodali International LLC, the information and exchange agent for the Exchange Offer (the "Information and Exchange Agent"), as of 5:00 p.m., New York City time, on June 16, 2022, US$210,308,500 aggregate principal amount of the Existing Notes (the "Tendered Notes") were validly tendered and were not validly withdrawn, which represents 58.42% of the outstanding aggregate principal amount of the Existing Notes. Of the aggregate principal amount of Tendered Notes, (i) US$118,382,500, representing approximately 56.29% of the principal amount of Tendered Notes, were tendered under Option A, and (ii) US$91,926,000, representing approximately 43.71% of the principal amount of Tendered Notes, were tendered under Option B. If no additional Existing Notes were to be tendered after 5:00 p.m., New York City time, on June 16, 2022, Eligible Holders who have validly tendered and not validly withdrawn their Existing Notes under Option A prior to or at 5:00 p.m., New York City time, on June 16, 2022, would receive US$532.96 of Pro-Rata A Cash Consideration per US$1,000 principal amount of Existing Notes tendered under Option A. At the Expiration Date, the actual cash consideration to be received by each Eligible Holder whose Existing Notes are accepted in the Exchange Offer will be determined on the basis of the actual participation by Eligible Holders in the Exchange Offer and their selection between Option A and Option B.
Eligible Holders who have not already done so may tender their Existing Notes for exchange until the Expiration Date. The Withdrawal Date occurred on June 2, 2022, and has not been extended. As a result, any Existing Notes validly tendered on or after the date hereof and prior to the Expiration Date may not be withdrawn except in limited circumstances.
General Information
IRSA expects, on July 1st, 2022, which is the third business day after the Expiration Date (as may be extended by IRSA in its sole discretion, the "Settlement Date"), to issue and deliver the applicable principal amount of New Notes and deliver the applicable Exchange Consideration in exchange for any Existing Notes validly tendered and not validly withdrawn and accepted for exchange, in the amount and manner described in the Exchange Offer Memorandum. IRSA will not be obligated to issue or deliver New Notes or pay any cash amount with respect to the Exchange Offer unless the Exchange Offer is consummated. Eligible Holders of the Existing Notes who are Argentine Entity Offerees or Non-Cooperating Jurisdiction Offerees may be subject to certain tax withholdings resulting from the exchange of their Existing Notes. See "Taxation—Certain Argentine Tax Considerations" in the Exchange Offer Memorandum.
The New Notes are being offered for exchange only (1) to holders of Existing Notes that are "qualified institutional buyers" as defined in Rule 144A under U.S. Securities Act, as amended (the "Securities Act"), in a private transaction in reliance upon the exemption from the registration requirements of the Securities Act provided by Section 4(a)(2) thereof and (2) outside the United States, to holders of Existing Notes other than "U.S. persons" (as defined in Rule 902 under the Securities Act, "U.S. Persons") and who are not acquiring New Notes for the account or benefit of a U.S. Person, in offshore transactions in compliance with Regulation S under the Securities Act. Only holders who have submitted a duly completed and returned electronic Eligibility Letter certifying that they are within one of the categories described in the immediately preceding sentence are authorized to receive and review the Exchange Offer Memorandum and to participate in the Exchange Offer (such holders, "Eligible Holders").
The Exchange Offer is subject to certain conditions as described in the Exchange Offer Memorandum (including, without limitation, the Minimum Exchange Condition) which are for the sole benefit of IRSA and may be waived by IRSA, in full or in part, in its absolute discretion. Although IRSA has no present intention to do so, it expressly reserves the right to amend or terminate, at any time, the Exchange Offer and to not accept for exchange any Existing Notes not theretofore accepted for exchange. IRSA will give notice of any amendments or termination if required by applicable law.
If you do not exchange your Existing Notes or if you tender Existing Notes that are not accepted for exchange, they will remain outstanding. If IRSA consummates the Exchange Offer, the trading market for your outstanding Existing Notes may be significantly more limited. For a discussion of this and other risks, see "Risk Factors" in the Exchange Offer Memorandum.
This press release is qualified in its entirety by the Exchange Offer Documents.
None of IRSA, its board of directors, the Dealer Managers (as defined herein), the Information and Exchange Agent or the New Notes Trustee with respect to the Existing Notes or any of their respective affiliates is making any recommendation as to whether Eligible Holders should exchange their Existing Notes in the Exchange Offer. Holders must make their own decision as to whether to participate in the Exchange Offer, and, if so, the principal amount of Existing Notes to exchange.
Neither the delivery of this announcement, the Exchange Offer Documents nor any purchase pursuant to the Exchange Offer shall under any circumstances create any implication that the information contained in this announcement or the Exchange Offer Documents is correct as of any time subsequent to the date hereof or thereof or that there has been no change in the information set forth herein or therein or in IRSA's affairs since the date hereof or thereof.
This press release is for informational purposes only and does not constitute an offer or an invitation to participate in the Exchange Offer. The Exchange Offer is being made pursuant to the Exchange Offer Documents (and, to the extent applicable, the local offering documents in Argentina), copies of which will be delivered to holders of the Existing Notes, and which set forth the complete terms and conditions of the Exchange Offer. Eligible Holders are urged to read the Exchange Offer Documents carefully before making any decision with respect to their Existing Notes. The Exchange Offer is not being made to, nor will IRSA accept exchanges of Existing Notes from holders in any jurisdiction in which it is unlawful to make such an offer.
Morrow Sodali International LLC is acting as the Information and Exchange Agent for the Exchange Offer. BCP Securities, Inc., Citigroup Global Markets Inc., Itau BBA USA Securities, Inc. and Santander Investment Securities Inc. are acting as Dealer Managers (the "Dealer Managers") for the Exchange Offer.
For further information about the Exchange Offer, please log into the website https://bonds.morrowsodali.com/IRSAEligibility. Alternatively, please contact the Information and Exchange Agent by email at IRSA@investor.morrowsodali.com. Requests for documentation should be directed to the Information and Exchange Agent.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, statements related to IRSA's expectations regarding the performance of its business, financial results, liquidity and capital resources, contingencies and other non-historical statements. You can identify these forward-looking statements by the use of words such as "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "approximately," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks, uncertainties and assumptions. These statements should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in the Exchange Offer Documents. IRSA undertakes no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.
Media Contact:
IRSA Inversiones y Representaciones Sociedad Anónima
Carlos M. Della Paolera 261, 9th Floor (C1001ADA)
City of Buenos Aires
Argentina
Michael Truscelli
Phone +1203 609 4910
Email irsa@investor.morrowsodali.com
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SOURCE IRSA Inversiones y Representaciones S.A. | https://www.wibw.com/prnewswire/2022/06/17/irsa-inversiones-y-representaciones-sa-announces-nyse-irs-byma-irsa-extension-expiration-date-its-exchange-offer-any-all-its-8750-notes-due-2023-originally-issued-by-irsa-cp/ | 2022-06-17T04:07:53Z |
NEW YORK, May 3, 2022 /PRNewswire/ -- Leading national accounting and advisory firms Marcum LLP ("Marcum") and Friedman LLP ("Friedman") today announced that they are in advanced discussions related to a proposed transaction in which Friedman will merge into Marcum, resulting in a national top-12 firm with approximately $1 billion in annual revenue and more than 3,400 associates.
The merger of Marcum (ranked No. 15 by Accounting Today) and Friedman (ranked No. 33) is anticipated to close in the summer of 2022. The transaction will combine two well-regarded national firms with a shared emphasis on superior service, outstanding talent, industry specialization, and a focus on meeting clients' needs in a rapidly evolving business landscape. The combination will:
- Deepen the firms' capabilities in key service areas, including public company audit and assurance, digital assets, cybersecurity, real estate, construction, and other advisory services. It will be one of the largest firms serving Chinese companies listed on the U.S. stock markets.
- Give Friedman clients access to expanded services, including strategic information technology consulting and wealth management.
- Combine the best of two employee-centric cultures with a continued commitment to diversity, equity and inclusion; learning and development; and work/life balance.
- Enable the Firm to enhance and scale investment in technology, talent, and innovation.
The combined firm will operate under the Marcum brand and continue to be headquartered in New York City, with offices throughout the continental United States, China, Ireland, and Grand Cayman.
"Marcum and Friedman share common roots in the New York area, extensive histories of exceptional client service, similar employee-oriented cultures, and a commitment to leading in emerging growth areas in our profession. We view this transaction as a very natural fit and are excited about our shared future together," said Jeffrey M. Weiner, chairman and chief executive officer of Marcum, who will maintain both leadership roles once the proposed transaction is completed.
"Friedman has experienced record growth, hiring, and revenues over the past two years, giving us a position of strength from which to consider our next strategic move. After extensive discussions, it became clear to us that combining our resources with Marcum would be in the best interests of our clients, partners, and employees," added Frederick R. Berk, co-managing partner of Friedman.
"Friedman has been fortunate during its history to grow through selective mergers, the addition and retention of great clients, and the thoughtful contributions of employees at every level of our firm. Joining with Marcum is the next logical step in that evolution. Our complementary practices and entrepreneurial mindsets form a powerful foundation for long-term strategic growth," said Harriet Greenberg, co-managing partner of Friedman.
About Marcum LLP
Marcum LLP is a top-ranked national accounting and advisory firm dedicated to helping entrepreneurial, middle-market companies and high net worth individuals achieve their goals. Marcum's industry-focused practices offer deep insight and specialized services to privately held and publicly registered companies, and nonprofit and social sector organizations. Through the Marcum Group, the Firm also provides a full complement of technology, wealth management, and executive search and staffing services. Headquartered in New York City, Marcum has offices in major business markets across the U.S. and select international locations. #AskMarcum. Visit www.marcumllp.com for more information about how Marcum can help.
About Friedman LLP
Friedman LLP has been serving the accounting, tax and business consulting needs of public and private companies since 1924. Our industry-focused practice features concentrated areas of expertise and a thorough understanding of the economic environment. We have the ability to be innovative in our approach, act quickly in our decision making and be flexible in our delivery of services. Our clients benefit from hands-on contact with our partners, cutting-edge technical expertise and our understanding of their industries and their businesses. As a mid-size firm, we combine the staff and resources of a large firm with a philosophy of personal responsibility for our clients. Friedman is headquartered in Manhattan and has locations throughout New Jersey and Long Island, as well as in Philadelphia, Los Angeles, Miami and China.
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SOURCE Marcum LLP | https://www.wibw.com/prnewswire/2022/05/03/marcum-llp-friedman-llp-announce-plans-merge/ | 2022-05-03T21:08:35Z |
JUBA, South Sudan (AP) — At least 1.7 million hungry people in South Sudan are losing humanitarian food aid “at the worst possible time” as the United Nations World Food Program suspends the help, blaming critical funding shortages.
South Sudan faces unprecedented hunger amid climate shocks, soaring food prices linked to the war in Ukraine and recovery from civil war. Over 60% of the population of more than 11 million people faces severe food insecurity, according to WFP, which said it had to halve food rations last year.
Among those now losing food aid in the middle of South Sudan’s lean season are 178,000 children who will no longer receive school meals, WFP said.
Food security experts have warned that 1.4 million children will be acutely malnourished during the lean season between June and August.
“Humanitarian needs are far exceeding the funding we have received this year. If this continues, we will face bigger and more costly problems in the future, including increased mortality, malnutrition, stunting, and disease,” WFP acting country director Adeyinka Badejo said in a statement. | https://cw33.com/news/international/ap-international/un-cuts-food-aid-to-1-7-million-hungry-people-in-south-sudan/ | 2022-06-15T01:07:35Z |
JOHANNESBURG, Aug. 25, 2022 /PRNewswire/ -- Gold Fields Limited (NYSE: GFI) (JSE: GFI) announced profit attributable to owners of the parent for the six months to 30 June 2022 of US$510m (US$0.57 per share). This compared with profit of US$387m (US$0.44 per share) for the six months to 30 June 2021. An interim dividend of 300 SA cent per share (gross) is payable on 19 September 2022.
The full results are available on our website at:
Notes to editors
About Gold Fields
Gold Fields Limited is a globally diversified gold producer with nine operating mines and one project in Australia, Chile, Ghana (including our Asanko Joint Venture), Peru and South Africa, with total attributable annual gold-equivalent production of 2.24Moz. It has attributable gold-equivalent Mineral Reserves of 52.1Moz and gold Mineral Resources of 116.0Moz. Gold Fields has a primary listing on the Johannesburg Stock Exchange (JSE) Limited, and an additional listing on the New York Stock Exchange (NYSE).
Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
Investor Enquiries
Avishkar Nagaser
Tel +27 11 562 9775
Mobile +27 82 312 8692
Email Avishkar.Nagaser@goldfields.com
Thomas Mengel
Tel +27 11 562 9849
Mobile +27 72 493 5170
Email Thomas.Mengel@goldfields.com
Media Enquiries
Sven Lunsche
Tel +27 11 562 9763
Mobile +27 82 260 9279
Email Sven.Lunsche@goldfields.com
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SOURCE Gold Fields Limited | https://www.wibw.com/prnewswire/2022/08/25/gold-fields-limited-results-six-months-ended-30-june-2022/ | 2022-08-25T07:00:03Z |
The global manufacturer and marketer of intimate apparel adopts Infor Nexus supply chain platform
TEL AVIV, Israel, Aug. 8, 2022 /PRNewswire/ -- Infor® , the industry cloud company, today announced that Delta Galil Industries Ltd., a global leader in the design, manufacture, distribution and sale of intimates and activewear, has adopted the Infor Nexus supply chain platform. The technology will help Delta Galil improve visibility of inventory, enhancing collaboration with suppliers and customers, automating the vital plan-to-ship process, and accelerating the onboarding of new suppliers and partners.
Learn more about Infor Nexus: www.infor.com/products/infor-nexus
The project covers the entire supplier network across the US, China, East Asia, Israel and Europe, with Infor Nexus underpinning standardized best-practice processes for all interactions.
Following a thorough review of the market, Infor Nexus was chosen based on its capability to combine physical and financial supply chain processes. This will help to provide:
- Real-time supply forecast and order collaboration
- Digital shipping processes to help streamline carton scanning and transport booking
- Enhanced item level and real-time visibility, enabling Delta Galil to respond quickly to production issues and changes in available quantities, as well as tracking the process of all goods in transit
- Control center with predictive estimated times of arrival (PETA), which will enable Delta Galil to accurately project the arrival of inventory, optimizing the receiving process and utilizing the in-context information to overcome disruptions before they have an impact downstream
- A robust financial supply chain with Infor Nexus facilitating more efficient payment processing
Delta Galil had previous experience with the platform, having used Infor Nexus for several years in its capacity as contract manufacturer for a global active brand.
The implementation will enable the synchronization of orders generated in the ERP, order change requests, supplier pack lists, invoice/payment flow, advance shipping notices (ASNs), and estimated times of arrival (ETA) back to the ERP. This seamless integration will increase visibility across the Delta Galil supply chain and reduce supply and capital costs. Looking to the future, Delta Galil has also decided to utilize the PETA capabilities of Infor Nexus.
"For a company like Delta Galil with many brands, retail stores, manufacturing sites and e-com websites, efficient operations and speed to market are critical," said Adi Nov, Delta Galil global CIO. "The enhanced collaboration, connection and visibility provided by Infor Nexus gives us a competitive advantage with our suppliers and also allow us to onboard new partners faster. Modern brand management is just as much about ensuring a world-class supply chain as it is ensuring you have the best creative talent. We have hundreds of suppliers across the globe, and we're transforming our business model to deliver a standardized set of best practices that will mean we're more agile across all of our markets."
"Combining supply chain, operational and financial aspects into cohesive processes enables faster, more controlled growth," said Mark Illidge, Infor vice president and general manager for supply chain in EMEA. "As brands look to re-engage with a drastically changed fashion market, the ability to be agile, fast and responsive throughout the supply chain will be key to success. Technology such as the Infor Nexus platform will be a vital part of that."
"Delta Galil has utilized the Infor ERP solution for more than 25 years, and it has played an important role in the growth of the business," said Meni Davidov, Infor Israel country leader. "Infor continues to develop leading fashion supply chain solutions in the cloud to support business transformation and allow business to truly flourish. We are committed to supporting Delta Galil's continued growth by working together to remain at the leading edge of fashion innovation."
"Delta Galil is perfectly placed to continue to build a global fashion business fitting for the next 50 years. As the fashion industry becomes even more competitive, dynamic and global, and with much focus on sustainable production, there is huge opportunity to identify key regional best practices and synergies and introduce harmonised processes across the group. This would enable the possibility of leveraging global demand and economies of scale through new centralised functions to further drive growth and efficiency," Davidov concludes.
About Delta Galil Industries Limited
Delta Galil Industries is a global manufacturer and marketer of branded and private label apparel products for men, women and children. Since its early beginnings in 1975, the company has continually strived to create products that follow a body-before-fabric philosophy, placing equal emphasis on innovation, creativity, comfort, aesthetics and quality. This focus has made Delta a global leader in the design, manufacture, distribution, and sale of intimates and activewear. With six leading own brands, and in partnership with leading global fashion leaders and active brands, Delta Galil now has extensive international operations and customer reach. This great success is based on strong leadership, business agility, detailed industry knowledge and expertise, and the ability of every customer to exploit opportunities to build its own unique brand offer.
For more information, go to https://www.deltagalil.com/
About Infor
Infor is a global leader in business cloud software specialized by industry. Infor's mission-critical enterprise applications and services are designed to deliver sustainable operational advantages with security and faster time to value. We are obsessed with delivering successful business outcomes for customers. Over 60,000 organizations in more than 175 countries rely on Infor's 17,000 employees to help achieve their business goals. As a Koch company, our financial strength, ownership structure, and long-term view empower us to foster enduring, mutually beneficial relationships with our customers. Visit www.infor.com.
Media contact:
Richard Moore
Infor PR Manager, EMEA
+447976111243
Richard.Moore@infor.com
Copyright ©2022 Infor. All rights reserved. The word and design marks set forth herein are trademarks and/or registered trademarks of Infor and/or related affiliates and subsidiaries. All other trademarks listed herein are the property of their respective owners. www.infor.com
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SOURCE Infor | https://www.mysuncoast.com/prnewswire/2022/08/08/delta-galil-strengthens-supply-chain-with-infor/ | 2022-08-08T10:14:00Z |
URBANA, Ill. (WCIA)– Militia group leader Emily Claire Hari was sentenced to 14 years in prison for domestic terrorism crimes.
Hari was sentenced for threats of violence, attempted arson, unlawful possession of a machine gun, and unlawful possession of a firearm as a felon. She previously pleaded guilty to all four charges.
The government said in 2017 Hari started a militia group nicknamed the “White Rabbits.” Michael McWhorter, Joe Morris, Ellis J. Mack, and Wesley Johnson were also part of this militia group.
In 2017, the group engaged in repeated acts of violence, which they referred to as “jobs.” They obtained materials to make bombs, provided weapons and uniforms to the militia, and assigned rank as if they were truly a military group.
The group acquired and assembled four shotguns and assault rifles, some of which were fully automatic. These weapons and thermite were stored in a locked safe at the militia’s “office” in Clarence, Ill.
Hari, McWhorter, Morris, and Johnson on November 7, 2017, planned to use a pipe bomb to set the Women’s Health Practice in Champaign, Illinois, on fire. However, the pipe bomb did not ignite and was safely recovered by law enforcement officers after a receptionist found it.
Then on December 16 of the same year, the militia traveled to Indiana to rob a Hispanic person they believed to be involved in drug trafficking. They wore their “White Rabbit” uniforms and pretended to be law enforcement executing a search warrant. They handcuffed and zip-tied the residents, causing harm to one person.
Two times in December of the same year, they traveled to several Walmart stores throughout Illinois to rob them. The militia, under Hari’s approval, entered the stores with weapons and confronted cashiers.
In January of 2018, Hari, McWhorter, and Morris attempted to sabotage railroad tracks near Effingham, Illinois, with a bomb. After the attempt, the group sent ransom emails demanding $190,000 in cryptocurrency or they would damage the railroad further.
February of the same year, they planted bomb-making materials, including a pipe bomb, on the property of a person in Clarence, Illinois. This attempt was to get this person in trouble with law enforcement prior to a court hearing for Hari. At the time, Hari was facing criminal charges for allegedly assaulting someone. Hari emailed an “anonymous tip” to federal authorities that there were explosive devices in a suitcase and gray bag in a shed. The FBI responded and found multiple explosive devices, and a pipe bomb attached to a green propane tank.
After all of this, the militia group thought the FBI might search their office and seize their weapons, so they moved the weapons to another militia member’s home. The FBI seized their machine guns, and then Hari, McWhorter, Morris, and Mack fled on foot hiding in the woods and abandoned barns. While in hiding they made a video requesting assistance from other militia members.
U.S. District Judge Michael M. Mihm found Hari’s crimes quite serious and wide-ranging and accepted the parties’ agreement of sentencing Hari to 14 years.
In December of 2020 after a jury trial, Hari was also found guilty of her charges back related to a firebombing of a Mosque in Minnesota. McWhorter and Morris were also involved. She was sentenced to 53 years for those charges.
McWhorter was sentenced to 15 years and 10 months in April, Morris was sentenced to 14 years and 2 months, and Mack was sentenced to 42 months (time served) for their participation in the crimes.
“Although the militia group started by Hari called itself the ‘Patriot Freedom Fighters,’ the members of the group convicted of federal crimes were not patriots but violent criminals,” said United States Attorney Gregory K. Harris. “Attacking innocent citizens and lawful facilities using threats and violence are not the acts of ‘patriots,’ and this conduct will be prosecuted to the fullest extent of the law. Once again, this case exemplifies the extraordinary investigative efforts of the FBI to bring individuals to justice who commit violent crimes.”
“Emily Claire Hari represents the very real threat posed by domestic violent extremists in the United States,” said FBI Springfield Field Office Special Agent in Charge David Nanz. “The FBI’s counterterrorism team is designed to combat this type of violence and is committed to prioritize and gather intelligence to continually assess the threat picture. The FBI’s focus has been and will remain keeping the American people safe from threats or acts of violence.” | https://cw33.com/news/nexstar-media-wire/white-rabbit-militia-leader-sentenced-for-domestic-terrorism/ | 2022-07-13T22:20:21Z |
CHICAGO (AP) — White Sox ace Dylan Cease lost his bid for a no-hitter when Luis Arraez singled for Minnesota with two out in the ninth inning Saturday night.
After Arraez’s hit, Cease struck out Kyle Garlick for his first career nine-inning complete game in Chicago’s 13-0 victory.
Cease walked Jake Cave in the third and Gilberto Celestino in the sixth for Minnesota’s first two baserunners. Cave was erased when Gary Sanchez bounced into a double play. Celestino was stranded when Cease struck out Luis Arraez.
Jake Cave hit a liner right at first baseman José Abreu for the final out of the Minnesota eighth.
The most recent no-hitter for Chicago was Carlos Rodon’s gem against Cleveland on April 14, 2021.
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-white-sox-ace-cease-with-no-hitter-through-7-against-twins/ | 2022-09-04T18:18:00Z |
WASHINGTON (AP) — President Joe Biden and first lady Jill Biden will travel to eastern Kentucky on Monday to survey the damage from last week’s devastating floods and meet with those affected.
The White House announced Friday that the Bidens would join Gov. Andy Beshear and his wife, Britainy, at a Federal Emergency Management Agency State Disaster Recovery Center. At least 37 people lost their lives in the flooding after 8 to 10 1/2 inches (20 to 27 centimeters) of rain fell in just 48 hours last week in the Appalachian mountain region. The flooding also hit areas just across the state line in Virginia and West Virginia.
More than 1,300 people were rescued in the days after the storm as teams searched in boats and combed debris-clogged creekbanks. Work crews were still trying to restore power and water connections to homes, as residents look to repair their homes and lives after the floods.
Thunderstorms on Friday brought a renewed threat of flooding to parts of Kentucky ravaged by high water a week ago.
The trip will be Biden’s first trip outside of Washington since he tested positive for COVID-19 on July 21. He has been in isolation awaiting a negative virus test since July 30 with a rebound case of the virus. | https://cw33.com/news/politics/ap-politics/biden-heading-to-kentucky-to-see-flood-damage-meet-families/ | 2022-08-05T20:24:47Z |
Judge won’t quash subpoenas for Georgia false electors
ATLANTA (AP) — Georgia Republicans who signed a certificate falsely stating that Donald Trump had won the state in 2020 and that they were the state’s “duly elected and qualified” electors will have to appear before a special grand jury investigating whether the former president and others illegally tried to interfere in the state’s election, a judge said Thursday.
Lawyers for 11 of the 16 people who signed that certificate, all of whom have received letters saying they could face criminal charges related to the investigation, had asked the judge to quash their subpoenas. Attorney Holly Pierson said that once her clients were told they were targets of the investigation, rather than witnesses, she advised them they should invoke their rights against self-incrimination and there are no questions she would be comfortable with them answering before the panel.
“We’re asking you on behalf of our clients not to have them frog-marched in front of the cameras into this courtroom,” Pierson said to Fulton County Superior Court Judge Robert McBurney, who’s overseeing the special grand jury.
Lawyers with the Fulton County district attorney’s office said they planned to ask questions about topics other than just the selection of an alternate slate of electors, so they shouldn’t be excused from appearing just because they won’t answer questions on that topic.
McBurney said he would issue a written order soon, but said he would not quash the subpoenas. He suggested that the lawyers for the district attorney’s office and the lawyers for those who signed the false certificate should meet before each witness testifies to talk about the topics to be covered and then he could settle any disputes.
McBurney also heard arguments from a lawyer for state Sen. Burt Jones, the Republican nominee for Georgia lieutenant governor, who had asked the judge to remove District Attorney Fani Willis from the investigation. Willis has a conflict of interest because she hosted a fundraiser last month for Jones’ Democratic opponent, Charlie Bailey, attorney Bill Dillon argued. He also suggested that the district attorney’s office had leaked the fact that Jones, who signed the false electors certificate, was considered a target of the investigation to a reporter and then publicly confirmed that in a court filing to hurt Jones and help Bailey.
Disqualification of a district attorney requires an actual conflict of interest rather than just the appearance of a conflict of interest, and routine political support by an elected district attorney for another candidate from the same party does not meet that bar, said Anna Green Cross, a lawyer for Willis’ office.
McBurney said he doesn’t disagree that there’s an appearance of a conflict: “It’s a ‘What are you thinking?’ moment. The optics are horrible.”
But he repeatedly pressed Dillon on whether there was an actual conflict. He said he’s not inclined to remove the entire district attorney’s office from the investigation and asked Dillon what he would propose. Dillon suggested having state Attorney General Chris Carr appoint another prosecutor to handle any part of the investigation that has to do with Jones.
“Find somebody who doesn’t have a dog in the hunt. Fani Willis has a dog in the hunt,” he said, referring to her known support of Jones’s opponent.
The special grand jury, which operates behind closed doors, was seated in May at Willis’s request and has the power to subpoena evidence and witnesses. It does not have the power to issue an indictment. Instead, once its investigation is completed, it will issue a report with recommendations. It will then be up to Willis to decide whether to seek an indictment from a regular grand jury.
Dillon raised concerns that Willis could release the special grand jury report in mid-October, right before the November general election, and that could hurt Jones politically.
McBurney clarified that there is no definite timeline for the special grand jury, but he said it would be him and not Willis who would receive and release the report. He said he would ensure that there is a “meaningful time buffer” between the release and the election.
Also Thursday, Willis responded in federal court to an attempt by U.S. Rep. Jody Hice to avoid testifying before the special grand jury. She rejected his arguments and asked that the matter be returned to Fulton County Superior Court “in preparation for Congressman Hice’s compliance with his lawfully issued subpoena.”
Hice was one of several GOP lawmakers who attended a December 2020 meeting at the White House in which Trump allies discussed various ways to overturn Joe Biden’s electoral win.
Willis has also said her team is looking into is a Jan. 2, 2021, phone call in which Trump urged Georgia’s secretary of state, Brad Raffensperger, to “find” enough votes to overturn his loss; calls that Sen. Lindsey Graham made to Raffensperger; and false claims of election fraud that were made by Trump lawyer Rudy Giuliani and others during December 2020 legislative committee hearings at the state Capitol.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/21/judge-wont-quash-subpoenas-georgia-false-electors/ | 2022-07-21T23:31:41Z |
Updated guideline offers the latest in evidence-based recommendations including considerations for skeletal maturity and activity level in patients with ACL injuries
ROSEMONT, Ill., Sept. 7, 2022 /PRNewswire/ -- The American Academy of Orthopaedic Surgeons (AAOS) issued an update to the Clinical Practice Guideline (CPG) for Management of Anterior Cruciate Ligament (ACL) Injuries, which replaces the previous version released in 2014. This CPG provides updates to 12 of the 24 existing evidence-based recommendations and includes two new recommendations to treat patients, both skeletally mature and skeletally immature, who have been diagnosed with an ACL injury of the knee.
ACL tears are one of the most common knee injuries with 200,000 occurring each year in the United States1. Additionally, those who experience ACL injuries are at a higher risk for developing post-traumatic osteoarthritis (PTOA) later in life. With an increase of ACL injuries in younger patients, many of these patients now experience PTOA at an earlier age.
"Since 2014, we have better information about ACL injuries, treatment and outcomes," said Kent Jason Lowry, MD, FAAOS, co-chair of the clinical practice guideline workgroup and member of the AAOS Committee on Evidence-Based Quality and Value. "These updates represent key learnings that are better understood through the recent literature and can serve as guidelines to care based on the specific patient and the situation. However, they also highlight gaps where more research is needed to evolve and further define the guidelines to help surgeons and their patients make evidence-based decisions."
Certain recommendations in this edition were updated to account for the specificity and nuances related to skeletal maturity and activity level of the patient. Specifically, the committee recommends using an autograft instead of an allograft to improve patient outcomes and lower graft ruptures or revisions, particularly in young or active patients. The guidelines also include a moderate recommendation that when performing an ACL reconstruction with an autograft for skeletally mature patients, surgeons may favor the bone patellar bone as the tendon source to reduce the risk of graft failure or infection or the hamstring to reduce the risk of anterior or kneeling pain.
"While skeletal maturity and age are related, they are not the same," explained Robert Brophy, MD, FAAOS, co-chair of the clinical practice guideline workgroup and member of the AAOS Committee on Evidence-Based Quality and Value. "Essentially, a patient reaches skeletal maturity when the vast majority, if not all, of their bony growth is complete around the joints in the body including the knee. There's no doubt there are advantages to using autograft, particularly in younger and more active patients, factors which also play a role when selecting which autograft to use."
The updated CPG features two new recommendations including:
- A strong strength recommendation favoring ACL reconstruction over repair due to a lower rate of revision surgery when compared to ACL repair.
- A moderate strength recommendation stating that in select patients Anterolateral Ligament/Lateral Extraarticular Tenodesis could be considered when performing hamstring autograft reconstruction to reduce graft failure and improve short-term function.
"The committee found strong evidence that reconstruction of a midsubstance tear – one of the most common types of ACL tears – has better outcomes over repair," said Dr. Lowry. "The committee also updated the recommendation that ACL reconstruction can be considered in order to lower the risk of future meniscus pathology or procedures, especially in younger and/or more active patients as a way to protect the meniscus and articular cartilage to try to minimize the degree to which that knee has early problems down the road from PTOA or other complications."
Additional updates to the recommendations and options from this CPG include:
- Surgical timing for treatment of an acute isolated ACL tear is now recommended within three months of the injury, reduced from five months as stated in the previous edition, as early reconstruction is preferred because the risk of additional cartilage and meniscal injury starts to increase within three months.
- Training programs designed to prevent injury can be used to reduce the risk of primary ACL injuries in athletes participating in high-risk sports.
- Functional evaluation, such as the "hop" test, may be considered as one factor to determine return to sport after ACL reconstruction.
"There's still a lot to learn when it comes to optimizing the timing of intervention, rehabilitation, the ideal time to return to sport, and interventions to reduce risk of injury, both in people who have never had an ACL injury, as well as those who have already experienced it," said Dr. Brophy. "The evidence in these areas of focus is still very much evolving and we look forward to following future research to provide orthopaedic surgeons and patients with continued guidance for patient care."
Development of this CPG was a collaborative effort between representatives from the AAOS, American Orthopaedic Society for Sports Medicine, the Pediatric Orthopaedic Society of North America, the American Academy of Physical Medicine and Rehabilitation and the American College of Emergency Physicians.
CPGs are not meant to be stand-alone documents, but rather serve as a point of reference and educational tool for both healthcare professionals managing patients with ACL injuries and orthopaedic surgeons. CPGs recommend accepted approaches to treatment and/or diagnosis and are not intended to be a fixed protocol for treatment or diagnosis. Patient care and treatment should always be based on a clinician's independent medical judgment, giving the individual patient's specific clinical circumstances.
The full Clinical Practice Guideline for Management of Anterior Cruciate Ligament Injuries is intended for reference by orthopaedic surgeons and other physicians, and available through AAOS' OrthoGuidelines website and free mobile app. For more information on the development process for AAOS clinical practice guidelines, please view the Clinical Practice Guideline Methodology.
With more than 38,000 members, the American Academy of Orthopaedic Surgeons is the world's largest medical association of musculoskeletal specialists. The AAOS is the trusted leader in advancing musculoskeletal health. It provides the highest quality, most comprehensive education to help orthopaedic surgeons and allied health professionals at every career level to best treat patients in their daily practices. The AAOS is the source for information on bone and joint conditions, treatments and related musculoskeletal health care issues and it leads the health care discussion on advancing quality.
Follow the AAOS on Facebook, Twitter, LinkedIn and Instagram.
1 Herzog MM, Marshall SW, Lund JL, Pate V, Mack CD, Spang JT. Trends in Incidence of ACL Reconstruction and Concomitant Procedures Among Commercially Insured Individuals in the United States, 2002-2014. Sports Health. 2018 Nov/Dec;10(6):523-31
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SOURCE American Academy of Orthopaedic Surgeons | https://www.wibw.com/prnewswire/2022/09/07/aaos-updates-clinical-practice-guideline-management-anterior-cruciate-ligament-injuries/ | 2022-09-07T19:44:06Z |
SRM is working with Seattle Children's to provide ovarian tissue freezing for patients undergoing treatment for cancer and other conditions that can cause infertility
SEATTLE, June 13, 2022 /PRNewswire/ -- Seattle Reproductive Medicine (SRM) today announced the expansion of its Fertility Preservation Program to include ovarian tissue cryopreservation (OTC), an emerging fertility preservation option for girls and young women undergoing medical treatment that can cause infertility. SRM is the first facility in the Pacific Northwest to provide ovarian tissue processing and freezing in addition to other methods of fertility preservation such as egg and embryo freezing.
SRM now provides OTC services to Seattle Children's patients who are undergoing medical treatment that can cause ovarian failure, including cancer treatments such as chemotherapy, bone marrow transplant and radiation as well as treatments for other conditions such as sickle cell disease.
OTC is the only method of fertility preservation available to girls who have not yet gone through puberty and are too young for the hormonal stimulation needed for egg or embryo freezing. OTC is also an option for women whose need for treatment is too urgent to allow sufficient time for the standard fertility preservation methods of egg and embryo freezing.
"For these patients, ovarian tissue cryopreservation is a vitally important option for preserving their fertility," said Dr. Lynn Davis, who leads SRM's Fertility Preservation Program. "SRM is proud to partner with Seattle Children's, which is one of the only institutions in our region that currently offers this choice to girls and young women who have no other fertility preservation option."
Ovarian tissue cryopreservation was considered experimental until 2019, when the American Society for Reproductive Medicine determined that OTC can be regarded as established medical procedure. To date, more than 200 babies have been born worldwide to women who have had their ovarian tissue removed, cryopreserved, and later transplanted back into their body.
"Seattle Children's began offering OTC for fertility preservation in 2020 as part of its comprehensive cancer services," said Dr. Tyler Ketterl, medical director of Seattle Children's Adolescent and Young Adult Cancer Program and medical director of its Comprehensive Fertility Care and Preservation Program. "Ovarian tissue cryopreservation is critically important to us because it is the only fertility preservation option for prepubescent girls undergoing curative cancer therapies such as bone marrow transplant that can cause infertility."
With OTC, a surgeon removes one of a patient's two ovaries by laparoscopy and the tissue is transported to a facility where it is cryopreserved in liquid nitrogen so it can be used later in life. Once the tissue is transplanted back into the patient's body, it may restart the patient's menstrual cycle and estrogen production and may enable the patient to get pregnant, either naturally or through in vitro fertilization (IVF).
"It is important to remember there is no type of fertility treatment that can achieve a positive outcome 100 percent of the time, and that too is the case with ovarian tissue cryopreservation," said Dr. Davis. "But OTC does offer the possibility of fertility to a very specific group of pediatric patients who would otherwise probably not have that possibility later in life because of the need for treatments that are expected to result in ovarian failure."
Since 2020, Seattle Children's has performed OTC procedures for patients ranging in age from one year old to 22 years old. Previously, ovarian tissue needed to be sent to the East Coast for processing and freezing because there was no facility in the region. This was often complicated and costly because of the distance and time difference. In the past two months, SRM was able to locally perform the processing and freezing of ovarian tissue for three patients at Seattle Children's.
"Working with SRM will be beneficial," said Dr. Ketterl, "because it is much more convenient and cost-effective to send ovarian tissue to a trusted facility here in Seattle for processing and freezing rather than a facility across the country."
Faster delivery also allows for greater flexibility in scheduling OTC procedures, which is especially important for patients who urgently need to have their ovarian tissue removed before starting treatment. When tissue is shipped cross-country, procedures cannot be scheduled on certain days or at times when there is a risk the tissue may not be received at its destination within 48 hours. Same-day delivery from Seattle Children's to SRM reduces scheduling limitations, which improves access to OTC for eligible patients.
"SRM is committed to improving access to fertility preservation options," said Dr. Davis. "We are pleased to be partnering with Seattle Children's to improve access to ovarian tissue cryopreservation for patients who can benefit."
Seattle Reproductive Medicine brings a special blend of medical expertise, pioneering technology, and compassion to fertility care. SRM has 14 board certified or eligible doctors and 13 Reproductive Endocrinologists on staff, plus four male fertility specialists. With six locations throughout Washington State in Seattle, Bellevue, Kirkland, Tacoma, Everett and Spokane, SRM is caring for patients from all areas of the PNW as well as Alaska and Montana. On-site laboratories in Seattle and Spokane enable SRM to provide patients with results quickly and expedite their care plans. Our providers are community leaders in wellness and fertility preservation and are producing leading-edge research to advance fertility success. For more information visit seattlefertility.com.
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SOURCE Seattle Reproductive Medicine | https://www.mysuncoast.com/prnewswire/2022/06/13/seattle-reproductive-medicine-launches-first-ovarian-tissue-cryopreservation-program-pacific-northwest/ | 2022-06-13T14:41:09Z |
BOSTON (AP) — Jacky Hunt-Broersma runs like a woman possessed. And in a way, she is: The amputee athlete is trying to run at least 102 marathons in 102 days.
Last month, a little more than two-thirds toward her goal of setting a new world record for back-to-back marathons, the South Africa native posted something on Twitter that got people talking.
“The first thing I did after my run today was take off my leg. Felt so good,” she tweeted. “Marathon 69 done. 31 marathons to go.”
That was last month, and she’s still running — covering the classic 26.2-mile (42.2-kilometer) marathon distance day in, day out, rain or shine, occasionally on a treadmill but mostly on roads and trails near her home in Gilbert, Arizona. If her streak remains intact heading into the Boston Marathon on April 18, it’ll be marathon No. 92.
Unlike the 30,000 others running the storied course, Hunt-Broersma, 46, will have done a marathon the day before. Somehow, she’ll have to rally body and soul to run another the day after. And another after that. And then eight more.
All on a carbon-fiber blade that’s been her left leg ever since she lost the real thing below the knee to a rare cancer.
“You make peace with pain,” she said in an interview with The Associated Press. “I think my pain threshold is probably quite high at the moment. It’s one step at a time.”
Boston is the only certified marathon she’s including in her quest. The others she’s running on one of two loops near her home or indoors on a treadmill — a monotonous machine many runners derisively call the “dreadmill.”
In 2001, while she and her Dutch husband were living in the Netherlands, Hunt-Broersma was diagnosed with Ewing sarcoma, a rare cancer more typically seen in children. Overnight, a golf ball-sized bulge appeared on an old scar that had become tender. A biopsy confirmed the worst, and within weeks, her leg was amputated below the knee.
“The biggest struggle was accepting that part of my body was gone,” she said. (She’s since made peace with that: A favorite T-shirt reads, “A Zombie Chewed It Off.”)
Until five years ago, she wasn’t at all athletic, but getting started was expensive. Carbon-fiber blades designed for running cost around $10,000 and aren’t covered by health insurance. Survivors of the 2013 Boston Marathon bombing, which killed three spectators and wounded 260 others, ran into the same problem when they sought to reclaim their lives.
“Running really changed my life,” she said. “It helped me accept myself as an amputee. It gave me a sense of freedom. I fell in love with the process of pushing my body further just to see what I could do.”
Subsequent marathons led to ultrarunning over extended distances, including a 100-mile (160-kilometer) race. So when Hunt-Broersma learned that Alyssa Amos Clark,a nondisabledrunner from Bennington, Vermont, covered the marathon distance 95 days in a row in 2000, an idea was born: She’d do 100. That plan got foiled this week when British runner Kate Jayden completed 101 marathons in as many days, so Hunt-Broersma has a new goal: “Now I’m going for at least 102.”
“I hoped it would inspire a lot of people to get out of their comfort zone and push a little bit farther,” she said.
She worried her stump would become raw and painful, and the first two weeks were rough. Since then, though, she’s gotten into a sustainable rhythm, taking care to ice and massage the stump. When it became swollen, she switched to a running prosthesis with a little more room.
But there have been mental challenges as well on the road to 102, which began on Jan. 17. On a recent outing, Hunt-Broersma — who’s been averaging a little over five hours per marathon — felt near collapse at 15 miles (24 kilometers) and burst into tears. Suddenly the entire odyssey was in doubt.
“I had a total emotional breakdown. I was like, ‘I just can’t do this. What was I thinking?’” she said. “The trick for me is just to break it down into little goals. Just get to the next mile. And then the next one.”
Her support team is her husband and their two young children, but she’s also gained a large social media following.
This week, after logging marathon No. 85, well-wishers offered virtual applause. “You just seem to eat marathons for breakfast,” one person tweeted. “In such bleak times, thank you for serving as an inspiration,” commented another.
As she nears the end of her epic quest, Hunt-Broersma hopes she inspires a singular thought in others, regardless of their own physical challenges:
“You’re stronger than you think — and you’re capable of so much more.” | https://cw33.com/news/woman-with-one-leg-attempting-to-run-102-marathons-in-102-days/ | 2022-04-15T17:45:16Z |
Argano further expands offerings with SAP-focused expertise and application managed services
DALLAS, June 21, 2022 /PRNewswire/ -- Argano announced today that Echelon Solutions Group, LLC (Echelon) has joined the company. With the addition of Echelon, Argano further expands its SAP capabilities and consulting services.
Headquartered in Chicago, Illinois, Echelon is a leading SAP S/4HANA and SAP Cloud applications partner offering comprehensive solutions in innovation, business transformation, implementation, and application managed services (AMS). The company has been recognized as a premier SAP Cloud Application Services Strategic Partner and has earned SAP Recognized Expertise within multiple industries for its client excellence and delivery capability. Echelon has 300+ employees across North America, Latin America, and Asia Pacific.
"Over the last several years, we have made significant investments in our services offerings to help our clients reimagine how they do business, which aligns well with Argano's strategy," said Aditya Bahl, Echelon CEO. "We are thrilled to join Argano and look forward to bringing our expertise and contributing to the company's ongoing success."
"Echelon's experience brings tremendous depth to our SAP team, enabling Argano to further expand our offerings and helping clients transform their businesses," said Chip Register, Argano CEO. "We're excited to welcome the Echelon team as we continue to drive value for our clients."
Echelon will be aligned within the Argano 4 SAP team to offer a unified set of business and technology solutions that are core to building a strong digital foundation, enabling clients to:
- Reimagine products, services and experiences that align with client expectations
- Rearchitect to move beyond legacy systems and technology debt
- Realize speed and agility to build an intelligent cloud-based foundation
- Realign challenges and obstacles with a clear path for continued innovation
Argano is a next-generation business and technology services provider that builds the Digital Foundations that make businesses run better. Argano is purpose built for the Digital Renaissance, leveraging insight and innovation to help leaders design and implement the complex solutions necessary to not just survive but thrive and improve financial and operational performance. Argano believes a firm's core operating technologies should be enablers of commercial innovation, not a constant source of limitation, and is committed to helping clients think differently about how they deploy and manage people, processes, and technology. For more information visit argano.com
Echelon Solutions Group is an end-to-end SAP Cloud based solutions provider including Strategy, Implementation and Support for Two-Tier ERP, SAP S/4HANA Cloud. SAP SuccessFactors, SAP Integrated Business Planning and Hybris solutions. Founded in 2009 and headquartered in Chicago, Echelon's service model includes delivery and support from U.S., Canada, Mexico, France and India.
Media Contact:
Chris Gale
Chris@GaleStrategies.com
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SOURCE Argano | https://www.mysuncoast.com/prnewswire/2022/06/21/echelon-solutions-group-joins-argano-expanding-its-sap-managed-services-capabilities/ | 2022-06-21T11:48:02Z |
NEW YORK (AP) — The Latest on the U.S. Open tennis tournament (all times local):
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3:50 p.m.
The Wimbledon women’s champion is out in the first round of the U.S. Open.
Elena Rybakina lost 6-4, 6-4 to Clara Burel of France, who came through qualifying to earn a spot in the main draw.
Rybakina was seeded only 25th, with her victory in the most recent Grand Slam not boosting her in the rankings because no points were awarded at the tournament this year. The men’s and women’s tours took that step after the All England Club barred Russian and Belarussian players from competing because of the war against Ukraine.
Rybakina, who was born in Russia but represents Kazakhstan, said before this tournament she thought that was unfair, adding she didn’t even feel like a Wimbledon champion.
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3:10 p.m.
Carlos Alcaraz moved into the second round of the U.S. Open when his opponent was forced to stop because of injury in the third set.
The No. 3 seed led Sebastian Baez 7-5, 7-5, 2-0 when the Argentine player motioned he couldn’t continue because of leg pain or cramps.
Alcaraz’s U.S. Open ended last year in a similar manner. He reached the quarterfinals at 18, the youngest man to get that far in New York in the professional era, before stopping in the second set of his loss to Felix Auger-Aliassime because of an upper right leg injury.
Alcaraz has followed that by winning four ATP titles this year.
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1 p.m.
Serena Williams will be back under the lights in Arthur Ashe Stadium on Wednesday.
Williams will play the leadoff match of the night session in the main stadium, the U.S. Tennis Association announced Tuesday.
She will face No. 2 seed Anett Kontaveit of Estonia. They will be followed by defending men’s champion Daniil Medvedev against Arthur Rinderknech of France.
Williams beat Danka Kovinic on Monday night to begin what could be the final tournament of her career. That helped draw the largest crowd ever for a U.S. Open night session, which had more than 29,000 fans.
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12:30 p.m.
Top-ranked Iga Swiatek powered into the second round of the U.S. Open, beating Jasmine Paolini 6-3, 6-0.
No. 8-seeded American Jessica Pegula also raced through her opening match, like Swiatek needing just more than an hour before beating Viktorija Golubic 6-2, 6-2.
Swiatek is just 5-4 since her 37-winning streak earlier this year, but the two-time French Open champion got sharper as the match went on Tuesday while supported by a number of Polish fans wearing red inside Louis Armstrong Stadium.
She is trying to become the first player since Serena Williams in 2014 to win seven titles in a year.
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11:10 a.m.
A day after Serena Williams won her opening match at the U.S. Open, sister Venus will begin her tournament on the same Arthur Ashe Stadium court.
Top-ranked Iga Swiatek was among the players on court when the second day of the event began Tuesday morning. Garbiñe Muguruza and Jelena Ostapenko were other Grand Slam champions with early starts.
Play in Ashe was set to begin at noon with No. 3 seed Carlos Alcaraz facing Sebastian Baez of Argentina. Then it was the 42-year-old Venus Williams, returning to the tournament she first won 25 years ago. She facing Alison Van Uytvanck of Belgium after a one-year absence at Flushing Meadows.
Rafael Nadal was in night action, along with defending women’s champion Emma Raducanu and two-time winner Naomi Osaka.
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More AP tennis: https://apnews.com/hub/tennis and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-venus-williams-nadal-set-for-day-2-action-us-open-updates/ | 2022-08-30T20:07:32Z |
With increased investment in the company's developer-friendly, multi-cloud, fully-managed Postgres, Neon more than doubles funding to $54.3M.
SAN FRANCISCO, July 26, 2022 /PRNewswire/ -- Neon, Inc., the first open-source, fully-managed, multi-cloud Postgres as a service, has raised $30 million in its Series A-1 round. GGV Capital led an expert investment group that includes Khosla Ventures, General Catalyst, Founders Fund, and Elad Gil with support from a group of notable angels, including Nat Friedman, Ajeet Singh, Guillermo Rauch, Wes McKinney, Ryan Noon, and Søren Brammer Schmidt. Following a successful Series A round, Neon has now more than doubled its total funding to $54.3 million.
Neon, co-founded by Postgres hackers Heikki Linnakangas and Stas Kelvich, was incubated at Khosla Ventures by Nikita Shamgunov, who joined as CEO earlier this year. With this new funding, Neon will continue to build its engineering team, accelerate product expansion and overall growth as well as bootstrap a GTM team. The company is also focused on building developer relations with continued plans to prioritize developer experience. Neon offers a modern, robust platform that includes bottomless storage, and autoscaling, leading to substantial cost savings.
Neon's unique architecture separating storage and compute underpins features to improve the developer experience and save costs. Over 3,600 developers "starred" Neon on GitHub after its Technical Preview launch, with interest generating a front page listing on Hacker News.
"Modern applications are cloud-based, distributed, run at the edge, and perform at unparalleled speeds. At GGV Capital, we've been looking for a serverless Postgres-based backend solution that's tuned to the needs of modern application developers," said Glenn Solomon, Managing Partner at GGV Capital and Neon board member. "Nikita Shamgunov and the Neon team have built an incredible solution, empowering developers with the cloud-based backend database they need to complement their front-end projects. Given the strong developer traction, Neon's future is very bright."
Neon's scalable features contain costs, provide elasticity, offer bottomless storage, and easily integrate with Amazon S3. The company will further improve application development with its substantial roadmap, including features such as branching, which will enable developers to instantly branch their production database, saving time and resources.
"The Postgres community is already responding to what's possible with a modern, cloud-native architecture," said Neon CEO Nikita Shamgunov. "This additional investment ensures Neon is well-positioned to build and ship new features that will transform developer experience."
This impressive funding round validates investor confidence in Neon's mission, goals, and capabilities. As Neon continues its growth, the company will continue expanding features to further empower developers with a modern, serverless Postgres experience.
About Neon
Neon is an open-source, multi-cloud, fully-managed Postgres as a service backed by an impressive list of top-tier investors, including GGV Capital, Khosla Ventures, General Catalyst, and Founders Fund. By separating storage from compute, Neon offers autoscaling, one-click start, multi-cloud compatibility, and bottomless storage to give developers a simple, reliable, and powerful experience. With a generous free tier, developers can quickly start and efficiently scale at will. Learn more at neon.tech.
Contact: press@neon.tech
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SOURCE Neon | https://www.kxii.com/prnewswire/2022/07/26/neon-secures-30-million-series-a-1-validating-investor-confidence-serverless-postgres-database-service/ | 2022-07-26T15:14:11Z |
Shared charter, increased flights, new audiences, and on-time service drive growth.
NEW YORK, Aug. 18, 2022 /PRNewswire/ -- XO, the leading private aviation digital marketplace, gives an overview of its performance for the first half of 2022 as it continues to propel the industry forward, leading to an exceptional first six months across key metrics.
Since its inception in 2019, XO has modernized a legacy industry by introducing a data-driven approach to deliver the advantages of flying private for all — making private aviation more accessible, efficient, and transparent. XO's first half 2022 results illustrate how its revolutionary service has heightened demand and access to private charter and shared charter services among vast new audiences.
First half 2022 highlights include:
- Member Growth: XO Membership increased by 33% against the same time last year.
- Shared Charter: XO continued to accelerate growth in the shared charter market with an increase of 93% flights compared to H1 2021.
- First-time Flyers: More than 62% of new requests came from first-time private aviation flyers.
- Younger Demographic: XO continues to see younger travelers flying private; in the first half of 2022, nearly 33% of XO flyers were between 18 and 44.
- Destination Trends: South Florida continues to rank as the top private aviation market in the US, as XO, headquartered in South Florida, has become a significant participant, with 33% of all XO arranged flights originating or departing from the state in H1 2022.
"Over the last six months, consumer travel preferences have shifted, and travelers are seeking more reliable, safe, and accessible ways to fly," said Rajat Khurana, Chief Commercial Officer at XO. "This shift has resulted in growth across our platform, specifically shared charter flights, which save clients up to 10 times the cost by booking a seat versus a traditional charter. Through this service, XO has enabled access to private aviation by increasing availability, delivering a seamless booking experience through the XO app, reducing costs, and elevating the overall travel experience with fewer touchpoints and a curated experience."
"As travelers' needs evolve, XO continues to innovate and offer transparent and efficient ways to fly, to provide the most advanced flying solutions at the best value to every client around the world," continued Khurana.
About XO
XO is defining the future of travel, revolutionizing global access to private aviation through its unique shared flight offering, crowdfunding, Membership programs, elevated service, and groundbreaking technology.
XO is part of Vista Global Holding (Vista), the world's first private aviation ecosystem, integrating a unique portfolio of companies offering asset-light flying solutions to cover all key aspects of private aviation. XO clients have access to aircraft covering the full spectrum of cabin classes through the XO app or a dedicated Aviation Advisor. For more information, visit www.flyxo.com
XO is a Part 295 air charter broker and does not operate any aircraft. All flights are performed by properly licensed and certified U.S. and foreign air carriers.
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BOSTON, June 8, 2022 /PRNewswire/ -- BNY Mellon Wealth Management expands its Boston office with two senior wealth managers: Justin Esposito and Chris Martinson. Both provide comprehensive wealth management, including managing portfolios and providing strategic planning and advice for ultra-high-net-worth-clients. Justin and Chris are both based in Boston and report to Christine Abramo, wealth management, team leader.
"Justin and Chris have deep experience serving the complex investment and wealth management needs of ultra-high-net-worth clients," said Abramo. "Their expertise will be instrumental in supporting our Boston clients as they protect and grow their wealth through life transitions and liquidity events for family businesses as part of the delivery of our Active Wealth framework."
Justin has more than 15 years of experience in financial services and joins BNY Mellon Wealth Management from Bank of America Private Bank, where he served as a portfolio manager, vice president. Prior to that, he was a portfolio manager, vice president at U.S. Trust. Justin also held roles at Pershing, a BNY Mellon company, and Lenox Advisors. He earned a Bachelor of Arts from Lafayette College. Justin is an active member of his community and currently serves as a youth mentor at Orlo Elementary School.
Chris joins BNY Mellon Wealth Management from Citi, where he most recently worked as an ultra-high-net-worth investment counselor. He prepared and presented ultra-high-net-worth clients with proposals, reviews, plans and strategies to support their investment needs. Chris also served as an ultra-high-net-worth investment analyst at Citi. Prior to that, he served in the U.S. Navy for six years as a nuclear technician. Chris earned a Bachelor of Arts from Wesleyan University and is also a CFA® charterholder. He volunteers with various organizations in his community as a mentor including Summer Search Boston, Read to a Child and Year Up, which ensures young adults have equitable access to economic opportunity, education and justice.
For more than two centuries, BNY Mellon Wealth Management has provided services to financially successful individuals and families, their family offices and business enterprises, planned giving programs, and endowments and foundations. It has $305 billion in total client assets as of March 31, 2022, and an extensive network of offices in the U.S. and internationally. BNY Mellon Wealth Management, which delivers leading wealth advice across investments, banking, custody, and wealth and estate planning, conducts business through various operating subsidiaries of The Bank of New York Mellon Corporation. A line of business within Wealth Management, BNY Mellon Investor Solutions includes the firm's institutional multi-asset solutions business. The Investor Solutions AUM/AUA is $28.7bn as of March 31, 2022. For more information, visit www.bnymellonwealth.com or follow us on Twitter @BNYMellonWealth.
Media Contact:
Ben Tanner
212-635-8676
Ben.Tanner@bnymellon.com
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Digital Publishing Platform fuels growth to maintain a collaborative culture with strong, global teams
PALO ALTO, Calif., July 12, 2022 /PRNewswire/ -- Issuu, the largest SaaS content publishing and marketing platform in the world, has expanded its senior leadership team with the addition of three new executives to support the company's growth strategy. Tia Gordon, who previously served as Vice President, People and Culture at Getaround, has been hired as Vice President of People; Kevin Raheja joins the team as Vice President of Business Development Sales and Alessandra Andrenacci as Vice President of Growth Partnerships.
Working with brands like Etsy, Hyatt Hotels & Resorts, and National Geographic, Issuu is a popular SaaS content publishing and marketing platform that helps creative people grow their businesses and inspire their audience by transforming static designs into high-performance content for every digital marketing channel. It's ideal for marketing collateral, magazines, catalogs and more. Issuu's Story Cloud empowers content creators to transform designs from static files into marketing assets for every distribution channel.
Tia Gordon, Vice President of People
Gordon brings with her over two decades of Human Resources experience. She possesses a proven track record of developing positive company cultures and operational excellence at startups and mature organizations, including Google, Looker, Synchrony Financial and Deloitte. In her new role, Gordon leads the strategic direction and operational execution of all aspects of HR and culture at Issuu.
Kevin Raheja, Vice President of Business Development Sales
Raheja has centered his 13 year career in the tech industry building, managing and growing strategic partnerships. Prior to joining Issuu, his area of expertise included business development, Platform strategy and corporate development for HubSpot, Typeform and Groupon. At Issuu, Raheja will focus his efforts on accelerating partnerships across the content economy and working with other SaaS partners in the martech ecosystem. He will also focus on driving enterprise sales for opportunities across key verticals like real estate, non-profits, and education.
Alessandra Andrenacci, Vice President of Growth Partnerships
Andrenacci brings her ten-year career experience from both large corporations like Dropbox and product lead growth startups like DocSend. As a former product partnerships and operations expert, she has a vast knowledge of how to successfully build and scale revenue driving partnership programs. In her new role, Andrenacci will develop global partnerships and drive partner-led international expansions, helping to better serve agencies and service providers that use Issuu for their clients.
"The most important aspect of a company is the people," said Joe Hyrkin, chief executive officer at Issuu. "Our People team works closely with leaders across the company to help build great teams, define our culture and develop our employees to become the next generation of leaders. Tia's experience will help us continue to attract the best talent around the world to fuel our growth." Joe continued, "Kevin and Alessandra are exactly the kind of people we look for: experienced, capable, enthusiastic and deeply committed to generating fresh thinking and new business opportunities. We are very excited to welcome them to the team."
About Issuu
With 50+ million publications hosted and 2+ billion monthly page views, Issuu is the largest SaaS content publishing and marketing platform in the world. The Issuu Story Cloud empowers content creators to transform designs from static files into marketing assets for every distribution channel - including flipbooks to embed in websites and blogs, mobile-optimized articles, motion-graphic stories for social media, GIFs for email, and more.
Issuu is headquartered in Palo Alto, Calif. with offices in Copenhagen, Berlin, and Braga. For more information, please visit: www.issuu.com.
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SOURCE Issuu | https://www.wibw.com/prnewswire/2022/07/12/issuu-bolsters-leadership-with-three-new-executive-appointments/ | 2022-07-12T16:40:19Z |
Published: Aug. 4, 2022 at 5:30 AM CDT|Updated: 1 hour ago
TORONTO, Aug. 4, 2022 /PRNewswire/ -- Thomson Reuters (TSX/NYSE: TRI) today reported results for the second quarter ended June 30, 2022:
Strong revenue and sales growth continued in the second quarter
Organic revenue up 7% for the "Big 3" segments (Legal Professionals, Corporates and Tax & Accounting Professionals)
Raised full-year 2022 revenue guidance
Change Program on track - $369 million run-rate operating expense savings through June 30
Repurchased $394 million of company shares through July 31 under the $2 billion share buyback program announced on June 8, 2022
"The momentum that has been building in our businesses continued in the second quarter, with revenues again ahead of our expectations. Leading indicators remain healthy, and we have a resilient, highly recurring business serving growing industries. This positioning and a strong first half give us confidence we are on the right path to achieve our 2022 and 2023 targets," said Steve Hasker, President and CEO of Thomson Reuters.
Mr. Hasker added, "Our businesses are benefitting from what we believe are multi-year tailwinds driven by a step change in the complexity of compliance in our legal, tax, and risk-related markets. Against this backdrop, we remain focused on investing in our businesses and effectively allocating capital as we work to translate our current momentum into sustainable long-term value creation."
Consolidated Financial Highlights - Three Months Ended June 30
Revenues increased 5%, driven by growth across four of the company's five business segments. Foreign currency had a 2% negative impact on revenues.
Organic revenues increased 7%, driven by 7% growth in recurring revenues (80% of total revenues) as well as 13% growth in transactions revenues. Global Print revenues decreased 1% organically.
The company's "Big 3" segments (Legal Professionals, Corporates and Tax & Accounting Professionals) reported organic revenue growth of 7% and collectively comprised 80% of total revenues.
Operating profit increased 24% as higher revenues more than offset higher costs, which included investments associated with the Change Program.
Adjusted EBITDA increased 12% due to the same factors as operating profit. The related margin increased to 34.7% from 32.7% in the prior-year period, of which foreign currency contributed 90bp. Investments in the Change Program negatively impacted the second quarter of 2022 adjusted EBITDA margin by 190bp.
Diluted (loss) per share of $(0.24) included a significant reduction in the value of the company's investment in London Stock Exchange Group (LSEG). Diluted earnings per share of $2.15 in the prior-year period included a significant increase in the value of the company's investment in LSEG.
Adjusted EPS, which excludes the change in value of the company's LSEG investment, and other adjustments, increased to $0.60 per share from $0.48 per share in the prior-year period, primarily due to higher adjusted EBITDA.
Net cash provided by operating activities decreased $29 million as higher payments associated with the Change Program as well as higher tax payments more than offset the cash benefits from higher operating profit.
Free cash flow decreased $37 million due to lower cash flows from operating activities and higher capital expenditures primarily associated with the Change Program.
Highlights by Customer Segment - Three Months Ended June 30
Unless otherwise noted, all revenue growth comparisons by customer segment in this news release are at constantcurrency (or exclude the impact of foreign currency) as Thomson Reuters believes this provides the best basis to measure their performance.
Legal Professionals
Revenues increased 6% (all organic) to $700 million.
Recurring revenues grew 6% (94% of total, 7% organic), primarily due to strong performances from Westlaw, Practical Law, FindLaw and the Government business.
Transactions revenues decreased 3% (6% of total, decreased 1% organic).
Adjusted EBITDA increased 7% to $304 million.
The margin increased to 43.4% from 42.3%, primarily due to higher revenues and Change Program savings.
Corporates
Revenues increased 9% (all organic) to $373 million. Revenues benefited from transactional revenue strength that we do not expect to recur at the same level in the second half of this year as the second-quarter performance was seasonal in nature.
Recurring revenues grew 9% (86% of total, all organic), driven by CLEAR, Practical Law and Indirect Tax.
Transactions revenues grew 8% (14% of total, all organic), driven by Trust, Confirmation as well as the company's businesses in Latin America and Asia & Emerging Markets.
Adjusted EBITDA increased 9% to $139 million.
The margin increased to 37.4% from 37.0%, as higher revenues more than offset higher expenses.
Tax & Accounting Professionals
Revenues increased 10% (9% organic) to $217 million.
Recurring revenues grew 11% (77% of total, all organic), driven by strong growth from Ultra Tax, audit products and the segment's Latin America business.
Transactions revenues increased 5% (23% of total, all organic), primarily driven by Confirmation.
Adjusted EBITDA increased 12% to $81 million.
The margin increased to 37.4% from 36.5%, primarily due to higher revenues and Change Program savings.
The Tax & Accounting Professionals segment is the company's most seasonal business with approximately 60% of full-year revenues typically generated in the first and fourth quarters. As a result, the margin performance of this segment has been generally higher in the first and fourth quarters as costs are typically incurred in a more linear fashion throughout the year.
Reuters News
Revenues of $188 million increased 12% (all organic), primarily driven by the Professional business and the flow-through of the annual increase in the company's news agreement with the Refinitiv business of LSEG. The Professional business benefited from timing shifts in Reuters Events as more events were hosted in the second quarter of this year rather than the second half, which is a return to the pre-COVID cadence. The Reuters Events business also benefited from a return to in-person events from primarily virtual events last year.
Adjusted EBITDA increased 26% to $44 million, primarily due to higher revenues.
Global Print
Revenues decreased 1% (all organic), which was better than the decline the company expected due to higher third-party revenues for printing services and the timing of new sales.
Adjusted EBITDA decreased 9% to $50 million.
The margin decreased to 35.4% from 37.9% due to the decrease in revenues and the dilutive effect of third-party print revenue.
Corporate Costs
Corporate costs at the adjusted EBITDA level were $57 million and included $30 million of Change Program costs. Corporate costs were $76 million in the prior-year period and included $41 million of Change Program costs. Additional information regarding the Change Program is provided below.
Consolidated Financial Highlights - Six Months Ended June 30
Revenues increased 6%, driven by growth across four of the company's five business segments. Foreign currency had a 1% negative impact on revenues.
Organic revenues increased 7%, driven by 7% growth in recurring revenues (79% of total revenues) as well as 10% growth in transactions revenues. Global Print revenues decreased 1% organically.
The company's "Big 3" segments reported organic revenue growth of 7% and collectively comprised 81% of total revenues.
Operating profit increased 15% as higher revenues more than offset higher costs, which included investments associated with the company's Change Program.
Adjusted EBITDA increased 10% reflecting the same factors that impacted operating profit. The related margin increased to 35.3% from 34.1% in the prior-year period, of which foreign currency contributed 50bp. Investments associated with the Change Program negatively impacted the adjusted EBITDA margin by 190bp in the six months of 2022.
Diluted EPS was $1.83 per share compared to $12.28 per share in the prior-year period. The prior-year period included a gain of approximately $8.1 billion on the sale of Refinitiv to LSEG.
Adjusted EPS, which excludes the gain on the sale of Refinitiv, as well as other adjustments, increased to $1.26 per share from $1.06 per share in the prior-year period, primarily due to higher adjusted EBITDA.
Net cash provided by operating activities decreased $134 million due to higher payments associated with the Change Program, higher tax payments and higher annual incentive plan bonuses.
Free cash flow decreased $190 million due to lower cash flows from operating activities and higher capital expenditures, primarily associated with the Change Program.
Highlights by Customer Segment - Six Months Ended June 30
Change Program
In February 2021, the company announced a two-year Change Program to transition from a holding company to an operating company, and from a content provider to a content-driven technology company. The company is 18 months into the program, which is expected to be largely complete by the end of 2022. The program is projected to require an investment of approximately $600 million during that time of which $424 million has been invested as of June 30, 2022. The company continues to anticipate that Change Program spending will be approximately 60% operating expenses and 40% capital expenditures.
2022 and 2023 Outlook
The company's updated outlook for 2022 and reaffirmed outlook for 2023 (which is reflected in the table below) incorporates the forecasted impacts associated with the Change Program, assumes constant currency rates, and excludes the impact of any future acquisitions or dispositions that may occur during those periods. Thomson Reuters believes that this type of guidance provides useful insight into the performance of its businesses.
The company expects its third-quarter 2022 revenue growth to be approximately 50bp to 100bp below its full-year 2022 outlook target. The company also expects its fourth-quarter 2022 revenue growth to be higher than the third-quarter 2022 revenue growth. The company expects full-year 2022 recurring revenue growth to be 7%.
The company's third-quarter 2022 adjusted EBITDA margin is expected to be approximately 300bp below its second-quarter 2022 adjusted EBITDA margin. The fourth-quarter 2022 is expected to have the highest quarterly adjusted EBITDA margin of the year.
While the company's second-quarter 2022 performance provides it with increasing confidence about its outlook, the global economy recently has experienced substantial disruption due to concerns regarding economic effects associated with the macroeconomic backdrop and ongoing geopolitical risks. Any worsening of the global economic or business environment could impact the company's ability to achieve its outlook.
Updated Full-Year 2022 Outlook
Reported Full-Year 2021 and Updated Full-Year 2022 – 2023 Outlook
The information in this section is forward-looking. Actual results, which will include the impact of currency and future acquisitions and dispositions completed during 2022 and 2023, may differ materially from the company's outlook. The information in this section should also be read in conjunction with the section below entitled "Special Note Regarding Forward-Looking Statements, Material Risks and Material Assumptions."
Share Repurchases – Update on $2.0 Billion Buyback Program
In June 2022, Thomson Reuters announced that it plans to buy back up to $2.0 billion of its common shares.
From June 2022 through July 31, 2022, the company repurchased approximately 3.8 million of its common shares under the new buyback program, for a total spend of $394 million. As of July 31, 2022, Thomson Reuters had approximately 483.5 million common shares outstanding.
Dividends
In February 2022, the company announced a 10% or $0.16 per share annualized increase in the dividend to $1.78 per common share, representing the 29th consecutive year of dividend increases. A quarterly dividend of $0.445 per share is payable on September 15, 2022, to common shareholders of record as of August 18, 2022.
LSEG Ownership Interest
In January 2021, Thomson Reuters and private equity funds affiliated with Blackstone sold Refinitiv to LSEG in an all-share transaction. Thomson Reuters indirectly owns LSEG shares through an entity that it jointly owns with Blackstone's consortium and a group of current LSEG and former Refinitiv senior management.
As of July 31, 2022, Thomson Reuters indirectly owned approximately 72.4 million LSEG shares which had a market value of approximately $7.1 billion based on LSEG's closing share price on that day. The company received $62 million of dividends from its LSEG investment in June 2022.
Thomson Reuters Thomson Reuters is a leading provider of business information services. Our products include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world's most global news service – Reuters. For more information on Thomson Reuters, visit tr.com and for the latest world news, reuters.com.
NON-IFRS FINANCIAL MEASURES
Thomson Reuters prepares its financial statements in accordance with International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB).
This news release includes certain non-IFRS financial measures, which include ratios that incorporate one or more non-IFRS financial measures, such as adjusted EBITDA and the related margin (other than at the customer segment level), free cash flow, adjusted EPS and the effective tax rate on adjusted EPS, accrued capital expenditures expressed as a percentage of revenues, selected measures excluding the impact of foreign currency, changes in revenues computed on an organic basis as well as all financial measures for the "Big 3" segments. Thomson Reuters uses these non-IFRS financial measures as supplemental indicators of its operating performance and financial position as well as for internal planning purposes and the company's business outlook. Additionally, Thomson Reuters uses non-IFRS measures as the basis for management incentive programs. These measures do not have any standardized meanings prescribed by IFRS and therefore are unlikely to be comparable to the calculation of similar measures used by other companies and should not be viewed as alternatives to measures of financial performance calculated in accordance with IFRS. Non-IFRS financial measures are defined and reconciled to the most directly comparable IFRS measures in the appended tables.
The company's outlook contains various non-IFRS financial measures. The company believes that providing reconciliations of forward-looking non-IFRS financial measures in its outlook would be potentially misleading and not practical due to the difficulty of projecting items that are not reflective of ongoing operations in any future period. The magnitude of these items may be significant. Consequently, for outlook purposes only, the company is unable to reconcile these non-IFRS measures to the most directly comparable IFRS measures because it cannot predict, with reasonable certainty, the 2022 and 2023 impacts of changes in foreign exchange rates which impact (i) the translation of its results reported at average foreign currency rates for the year, and (ii) other finance income or expense related to intercompany financing arrangements and foreign exchange contracts. Additionally, the company cannot reasonably predict (i) its share of post-tax earnings or losses in equity method investments, which is subject to changes in the stock price of LSEG or (ii) the occurrence or amount of other operating gains and losses that generally arise from business transactions that the company does not currently anticipate.
ROUNDING
Other than EPS, the company reports its results in millions of U.S. dollars, but computes percentage changes and margins using whole dollars to be more precise. As a result, percentages and margins calculated from reported amounts may differ from those presented, and growth components may not total due to rounding.
REVISION TO PRIOR-YEAR SEGMENT RESULTS
In the first quarter of 2022, the company made two changes to its segment reporting to reflect how it currently manages its businesses. The changes (i) reflect the transfer of certain revenues from its Corporates business to its Tax & Accounting Professionals business where they are better aligned; and (ii) record intercompany revenue in Reuters News for content-related services that it provides to Legal Professionals, Corporates and Tax & Accounting Professionals. Previously, these services had been reported as a transfer of expense from Reuters News to these businesses. These changes impact the financial results of the company's segments, but do not change the company's consolidated financial results. The table below summarizes the changes for the three and six months ended June 30, 2021.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS, MATERIAL RISKS AND MATERIAL ASSUMPTIONS
Certain statements in this news release, including, but not limited to, statements in Mr. Hasker's comments and the "Change Program," "2022 and 2023 Outlook" and "LSEG Ownership Interest" sections, are forward-looking. The words "will", "expect", "believe", "target", "estimate", "could", "should", "intend", "predict", "project" and similar expressions identify forward-looking statements. While the company believes that it has a reasonable basis for making forward-looking statements in this news release, they are not a guarantee of future performance or outcomes and there is no assurance that any of the other events described in any forward-looking statement will materialize. Forward-looking statements are subject to a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from current expectations. Many of these risks, uncertainties and assumptions are beyond the company's control and the effects of them can be difficult to predict.
Some of the material risk factors that could cause actual results or events to differ materially from those expressed in or implied by forward-looking statements in this news release include, but are not limited to, those discussed on pages 17-30 in the "Risk Factors" section of the company's 2021 annual report. These and other risk factors are discussed in materials that Thomson Reuters from time to time files with, or furnishes to, the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission (SEC). Thomson Reuters annual and quarterly reports are also available in the "Investor Relations" section of tr.com.
The company's business outlook is based on information currently available to the company and is based on various external and internal assumptions made by the company in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that the company believes are appropriate under the circumstances. Material assumptions and material risks may cause actual performance to differ from the company's expectations underlying its business outlook. In particular, during the last quarter the global economy has experienced substantial disruption due to concerns regarding economic effects associated with the macroeconomic backdrop and ongoing geopolitical risks. Any worsening of the global economic or business environment could impact the company's ability to achieve its outlook and affect its results and other expectations. For a discussion of material assumptions and material risks related to the company's 2022 and 2023 outlook, please see pages 19-20 of the company's first-quarter management's discussion and analysis (MD&A) for the period ended March 31, 2022. Material assumptions and material risks related to the company's outlook will also be included in the company's second-quarter management's discussion and analysis for the period ended June 30, 2022, which is expected to be filed shortly. The company's quarterly MD&A and annual report are filed with, or furnished to, the Canadian securities regulatory authorities and the U.S. SEC and are also available in the "Investor Relations" section of tr.com.
The company has provided an outlook for the purpose of presenting information about current expectations for the periods presented. This information may not be appropriate for other purposes. You are cautioned not to place undue reliance on forward-looking statements which reflect expectations only as of the date of this news release.
Except as may be required by applicable law, Thomson Reuters disclaims any obligation to update or revise any forward-looking statements.
CONTACTS
Thomson Reuters will webcast a discussion of its second-quarter 2022 results and its business outlook today beginning at 8:30 a.m. Eastern Daylight Time (EDT). You can access the webcast by visiting ir.tr.com. An archive of the webcast will be available following the presentation.
** Because Thomson Reuters reported a net loss for continuing operations under IFRS for the three months ended June 30, 2022, the weighted-average number of common shares used for basic and diluted loss per share is the same for all per-share calculations in the period, as the effect of stock options and other equity incentive awards would reduce the loss per share, and therefore be anti-dilutive. Since the company's non-IFRS measure "adjusted earnings" is a profit, potential common shares are included, as they lower adjusted EPS and are therefore dilutive.
The following table reconciles IFRS and non-IFRS common share information:
Please refer to reconciliations for the most directly comparable IFRS financial measures.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/08/04/thomson-reuters-reports-second-quarter-2022-results/ | 2022-08-04T11:52:23Z |
From left, Drew Dorminey, director of Georgia Sports Medicine; Steve Goldman, a health care science teacher; scholarship recipients Ainsley Toews and Alexis Braselton; Tonia Garrett, VP/chief nursing officer, and Lori Folsom, AVP of Human Resources take part in a scholarship award ceremony.
TIFTON — Southwell recently awarded scholarships to Ainsley Toews and Alexis Braselton, two local high school graduates.
Toews was the Recipient OF the Southwell Scholarship for Future Healthcare Professionals. Ainsley’s involvement in the high school’s HOSA chapter, Southwell’s Junior Board of Directors, and Southwell’s Junior Volunteering program sparked an interest for her in a career in health care. During the fall semester of the 2021, Ainsley interned with the high school’s health science department.
As a Southwell Junior Board member for the 2020-2021 and 2021-2022 school years, she was able to explore first-hand many of the behind-the-scenes activities that are involved in making the health care system function, including those of a paramedic, respiratory therapist and nurses. She was elected vice president of the school’s Beta Club, and secretary/committee at large vice president of the Student Council, as well as co-president of the DECA Club.
Toews was chosen to represent the school as a member of the freshman ambassador program and Georgia Secretary of State ambassadors. The leadership, problem-solving, and communication skills she gained in each of these programs have paved the way for her future success in health care.
Toews graduated with superior honors, and in the fall she plans to attend George Mason University to continue her swimming career and undergraduate education while majoring in biology.
Braselton was the recipient of the Southwell Sports Medicine Scholarship. Shewas an inaugural member of the Tift County High School Student Sports Medicine program. Here, she was able to deepen her understanding of sports medicine by following and observing the Southwell and high school athletic trainers performing their daily job duties. She was able to gain ample experience in injury evaluation, management and rehabilitation.
Through her involvement with the sports medicine program, Braselton gained the opportunity to intern at Georgia Sports Medicine. She started her internship in January and continued through graduation. She graduated with superior honors and has been dancing competitively through Mallory Ward School of Dance for nine years.
Braselton has always gone above and beyond, and this drive to succeed will serve her well as she attends ABAC in the fall and continues working toward her desired career in Physical Therapy.
Stacker compiled the highest paying health care jobs in Atlanta-Sandy Springs-Roswell, GA using data from the U.S. Bureau of Labor Statistics. Click for more.
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ARLINGTON, Va. and STUTTGART, Germany, June 21, 2022 /PRNewswire/ -- Today, Venture Global LNG and EnBW announced the execution of two long-term Sales and Purchase Agreements (SPAs) for 1.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global's Plaquemines and CP2 facilities, starting 2026. According to the agreement, EnBW will purchase 0.75 MTPA from Plaquemines LNG and 0.75 MTPA from CP2 LNG for 20 years. EnBW becomes the next European customer of Venture Global, who already announced agreements with PGNiG, BP, Shell, Repsol, Edison and GALP.
"Venture Global is thrilled to welcome EnBW as a long-term customer for both our Plaquemines and CP2 LNG facilities," said Mike Sabel, CEO of Venture Global LNG. "This is the first direct binding offtake agreement for long-term US LNG signed by a German company, an important step that manifests Germany's strategy to diversify its energy mix. Our company is honored to become a major provider of LNG to Germany, providing security of supply on a competitive, long-term basis."
"EnBW looks forward to a long-term LNG partnership with Venture Global", says Georg Stamatelopoulos, Chief Operating Officer Generation & Trading at EnBW. "We have expanded our LNG activities step by step in the recent years. Liquefied natural gas plays a key role in the diversification of our fuels for electricity and heat generation: It opens up the possibility of new sources to secure Germany's gas supply in the current energy transition phase and builds a bridge to a green energy supply."
About Venture Global LNG
Venture Global is a long-term, low-cost provider of U.S. LNG sourced from resource rich North American natural gas basins. Venture Global's first facility, Calcasieu Pass, commenced producing LNG in January 2022. The company is also constructing or developing an additional 60 MTPA of production capacity in Louisiana to provide clean, affordable energy to the world. The company is developing Carbon Capture and Sequestration (CCS) projects at each of its LNG facilities
About EnBW
With over 24,000 employees, EnBW is one of the largest energy companies in Germany and Europe. It supplies around 5.5 million customers with electricity, gas, water as well as services and products in the areas of infrastructure and energy. The expansion of renewable energies is a cornerstone of the growth strategy and a focus of investment. EnBW will invest around 4 billion euros in the further expansion of wind and solar energy by 2025. By the end of 2025, more than half of the generation portfolio is to consist of renewable energies. This is already having a noticeable effect on reducing CO2 emissions, which EnBW aims to halve by 2030. EnBW is aiming for climate neutrality by 2035.
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SOURCE Venture Global LNG | https://www.kxii.com/prnewswire/2022/06/21/venture-global-enbw-announce-lng-sales-purchase-agreements/ | 2022-06-21T10:54:53Z |
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Activate your digital account | https://www.cantonrep.com/restricted/?return=https%3A%2F%2Fwww.cantonrep.com%2Fstory%2Fentertainment%2F2022%2F05%2F03%2Fnorth-canton-beer-fest-hazel-rye-reopens-and-80-s-breakfast-and-bar%2F9589078002%2F | 2022-05-03T09:57:07Z |
A beachfront music venue on the Texas Gulf Coast
HOUSTON, June 7, 2022 /PRNewswire/ -- The Bolivar Beach Club & RV Resort, a beachfront RV resort and entertainment venue along the Texas Gulf Coast, will host it first annual 4th of July music festival. Locals and travelers alike will head to the beach on the Bolivar Peninsula for three nights of great music and to celebrate our nation's freedom.
The Bolivar Beach Club & RV Resort today announced the full festival lineup:
Saturday, July 2
Stoney LaRue
Music starts at 7:45 PM
Sunday, July 3
Josh Abbott Band with Jake Worthington
Music starts at 7:45 PM
Monday, July 4
Creed Fisher
Music starts at 7:45 PM
"The 4th of July celebration on Crystal Beach is really special. With fireworks and s'mores on the beach, we wouldn't want to spend it anywhere else. This exciting concert series is an added bonus to the best family weekend on Crystal Beach," said Brad Ballard, founder and developer of the Bolivar Beach Club & RV Resort. "We are excited to welcome music fans to the beach on July 4th!"
The Paradise Park Stage at the Bolivar Beach Club & RV Resort, can entertain up to 3000 people, making it one of the largest beachfront entertainment venues along the Gulf Coast. The RV resort is the ultimate weekend destination and the first of its kind on the Texas Gulf Coast.
The Bolivar Beach Club & RV Resort offers the perfect vacation escape that is customizable for every type of guest. A place to lounge poolside, cocktail in-hand in a private cabana. A place to soak in live music, enjoy Crystal Beach with sand between your toes, to enjoy family friendly activities, or modern conveniences and VIP experiences—and all paired with a Southern hospitality that makes the resort unlike anything else on the Texas Gulf Coast. The Beach Club will continue to innovate with additional amenities and services for its guests throughout 2022.
To receive ticket sale information or to book your site for the summer, follow the Beach Club on Facebook or Subscribe to its newsletter to at BolivarBeachClub.com.
The Bolivar Beach Club & RV Resort is a beachfront vacation and entertainment venue offering an unmatched amenity package that elevates the RV travel experience. A blend of seaside Southern hospitality and backyard tranquility, this resort is decked out with sparkling pools, swim-up bars, private VIP cabanas and live entertainment just steps from the beaches of the Upper Texas Coast. To learn more, visit BolivarBeachClub.com.
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SOURCE Bolivar Beach Club & RV Resort | https://www.wibw.com/prnewswire/2022/06/07/bolivar-beach-club-amp-rv-resort-4th-july-music-festival/ | 2022-06-07T20:11:58Z |
- 40 nonprofits serving communities of color will receive $25,000 grants for general operating funds.
CHARLOTTE, N.C., June 28, 2022 /PRNewswire/ -- Duke Energy today announced the third year of its $1 million grant opportunity through the Duke Energy Foundation for North Carolina nonprofit organizations working for social justice and racial equity.
Applications will be reviewed through a competitive grant cycle, and $25,000 grants will be awarded for general operating funds at eligible nonprofits.
"For many years, we have supported and partnered with nonprofits across the state working to eliminate systemic barriers," said Stephen De May, Duke Energy's North Carolina president. "As we recognize there is more work to do, these grants will support organizations on the front lines advocating for racial equity."
The North Carolina Social Justice and Racial Equity grant cycle will operate with the following strategic principles:
- Nonprofits with a history of championing social justice and racial equity work on behalf of people of color, as represented in their mission statements and previous bodies of work, are the priority for this program.
- Nonprofits led by people of color, a historically underfunded group across philanthropy, will be given additional consideration in the grant review process.
- Organizations awarded a Social Justice and Racial Equity grant in 2020 and 2021 are eligible to apply again in 2022.
- The nonprofit applicant may be a governmental entity if the organization meets the strategic principles listed above.
- All regions of North Carolina served by Duke Energy Progress or Duke Energy Carolinas are eligible.
"It is time for low-wage earners of color to be part of the technology explosion," said Sharon C. Goodson, executive director, North Carolina Community Action Association, a 2021 grant recipient. "Technology moves at an incredible pace. Those not immersed in it get left behind – and fast. Our goal is to ensure that families in communities of color are equipped with the high-tech training required to compete in the digital workplace and ultimately be lifted out of poverty. Duke Energy's support of these initiatives is significant in moving this work forward."
Grant applications should come from organizations with primary missions of addressing social justice and racial equity. Initiatives of focus for interested organizations may include but are not limited to:
- Trainings and policy reform.
- Environmental justice.
- Civic engagement for communities of color.
- Reducing disparate outcomes for people of color through education and workforce development.
- Legal assistance, including pathways to citizenship.
- Criminal justice reform, including community policing.
The grant application is open now through Aug. 31, 2022. Eligible nonprofits should visit duke-energy.com/RacialEquity to access the application and materials. Nonprofits can also register and join us for a webinar to learn more about this grant opportunity. Applicants will be notified about the outcome of their applications before Oct. 31.
Duke Energy Foundation
The Duke Energy Foundation provides more than $30 million annually in philanthropic support to meet the needs of communities where Duke Energy customers live and work. The foundation is funded by Duke Energy shareholders.
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: Shawna Berger
Media line: 800.559.3853
Twitter: @DE_ShawnaB
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SOURCE Duke Energy | https://www.kxii.com/prnewswire/2022/06/28/duke-energy-announces-grant-opportunities-nonprofits-dedicated-social-justice-racial-equity-north-carolina/ | 2022-06-28T18:01:29Z |
Amir Locke cousin pleads guilty in killing that led to raid
MINNEAPOLIS (AP) — A teenage cousin of Amir Locke pleaded guilty Friday to a murder count in a case that led police to the Minneapolis apartment where a SWAT team officer fatally shot Locke while conducting a no-knock search warrant.
Mekhi Camden Speed, now 18, pleaded guilty to aiding and abetting one count of second-degree unintentional murder while committing a felony — namely aggravated robbery, in connection with the Jan. 10 killing of Otis Elder, 38. In exchange, a count of intentional second-degree murder will be dismissed.
Speed, who was 17 at the time, entered his plea via video from the Juvenile Detention Center. Ramsey County Judge Timothy Mulrooney found there was factual basis to support the guilty plea, which will be finalized at sentencing.
Speed told the court he had a handgun when he and others tried to rob Elder of drugs in St. Paul. Speed said he stood outside Elder’s vehicle and another person got in Elder’s passenger seat. Speed said there was a struggle and a shot was fired, but he has no memory of pulling the trigger. He said he doesn’t know if his accomplice was armed.
“Everything happened fast,” he said.
Speed said he was using alcohol, Percocet and marijuana at the time of Otis’ killing and he now is suffering from symptoms of PTSD. In pleading guilty, he agreed with his attorney, Paul Sellers, that by aiding and abetting the crime which resulted in Otis’ death, he is still criminally liable.
As St. Paul police were investigating Elder’s murder, they identified Speed as a suspect and obtained search warrants for Minneapolis apartments associated with him. Locke, Speed’s cousin, was not named in the warrants but was in one of the apartments as a Minneapolis SWAT team entered the unit without knocking on Feb. 2.
Video shows Locke, 22, who was Black, was shot seconds after police entered the apartment before 7 a.m. He was on a sofa wrapped in a comforter, and video shows he was holding a gun in the moments before he was shot. Police said he was shot after he pointed his gun in the direction of officers, but Locke’s family has questioned that, and said he was startled awake.
Minnesota prosecutors declined to file charges the against Officer Mark Hanneman, saying his use of deadly force was justified. Attorney General Keith Ellison and Hennepin County Attorney Michael Freeman said last month that Locke might never have been shot if not for the no-knock warrant. But they said there was insufficient evidence to prove beyond a reasonable doubt that Hanneman violated the law.
Locke’s death came as three former Minneapolis police officers were on trial in federal court in George Floyd’s killing. It sparked protests and a reexamination of no-knock search warrants. Minneapolis Mayor Jacob Frey announced an immediate moratorium on such warrants, and last month he formalized a new policy requiring officers to knock and wait before entering a residence, with limited exceptions. Some lawmakers have been pushing for a statewide ban on no-knock warrants, except in rare circumstances.
In Elder’s death, Speed was initially charged as a juvenile but his case was moved into adult court. He will be transferred to the Department of Corrections while he awaits sentencing, set for July 8.
It’s unclear how much time he could face, because his prior criminal history has not been determined and a presentence investigation will be conducted. A person with no criminal record would face anywhere from 10 years and nine months in prison to 15 years in prison. Speed has a juvenile record, which includes a September 2020 incident in which he shot a man in the thigh.
___
Find the AP’s full coverage of the death of Amir Locke: https://apnews.com/hub/amir-locke
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/13/amir-locke-cousin-pleads-guilty-killing-that-led-raid/ | 2022-05-13T17:48:05Z |
ENGLEWOOD, Colo., April 11, 2022 /PRNewswire/ -- Zynex, Inc. (NASDAQ: ZYXI) an innovative medical technology company specializing in the manufacture and sale of non-invasive medical devices for pain management, rehabilitation and patient monitoring, today announced that its board of directors approved a program to buy back $10.0 million of the Company's common stock. The program will commence on April 12, 2022 and is scheduled to terminate on April 11, 2023 or when the $10.0 million buyback limit is reached.
In making the announcement, Zynex CEO Thomas Sandgaard stated, "We are committed to delivering shareholder value, and this buyback program authorization reflects the board's confidence in both our short-term prospects and our long term growth strategy. We believe that the current market value of our shares does not accurately reflect the underlying value of the Company and the buyback program represents an attractive opportunity to deploy capital in a way that will benefit stockholders."
Under the share buyback program, buybacks may be made from time-to-time in open market and negotiated purchases, effective immediately through the next twelve months. These buybacks will be made in compliance with the SEC's Rule 10b-18, subject to market conditions, available liquidity, cash flow, applicable legal requirements and other factors. The specific prices, numbers of shares and timing of purchase transactions will be determined by the Company from time to time in its sole discretion. This program does not obligate the Company to acquire any particular amount of common stock and the program may be suspended or discontinued at any time, including in the event the Company would be deemed to be making an acquisition of its own shares under Rule 13e-3 of the Securities Exchange Act of 1934, as amended.
The Company expects to finance the purchases with existing cash balances, which is not expected to have a material impact on capital levels.
Zynex, Inc. had approximately 41.5 million shares issued and 39.8 million shares outstanding as of April 8, 2022.
About Zynex, Inc.
Zynex, founded in 1996, markets and sells its own design of electrotherapy medical devices used for pain management and rehabilitation as well as developing noninvasive patient fluid, pulse oximetry and sepsis monitoring systems. For additional information, please visit: www.zynex.com.
Safe Harbor Statement
This 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 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, projections, 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 and financial condition may differ materially from those indicated in the forward-looking statements. Therefore you should not rely on any of these forward looking statements. The Company makes no express or implied representation or warranty as to the completeness of forward-looking statements or, in the case of projections, as to their attainability or the accuracy and completeness of the assumptions from which they are derived. Factors that could cause actual results to materially differ from forward-looking statements include, but are not limited to, the need to obtain CE marking of new products, the acceptance of new products as well as existing products by doctors and hospitals, larger competitors with greater financial resources, the need to keep pace with technological changes, our dependence on the reimbursement for our products from health insurance companies, our dependence on third party manufacturers to produce our products on time and to our specifications, implementation of our sales strategy including a strong direct sales force, the impact of COVID-19 on the global economy and other risks described in our filings with the Securities and Exchange Commission including but not limited to, our Annual Report on Form 10-K for the year ended December 31, 2021 as well as our quarterly reports on Form 10-Q and current reports on Form 8-K.
Any forward-looking statement made by us in this 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 publicly 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: Zynex, Inc. (800) 495-6670
Investor Relations Contact:
Gilmartin Group
Investor Relations Counsel
ir@zynex.com
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SOURCE Zynex | https://www.mysuncoast.com/prnewswire/2022/04/11/zynex-announces-share-buyback-program/ | 2022-04-11T14:45:47Z |
NEWTOWN, Conn., July 7, 2022 /PRNewswire/ -- NSSF®, The Firearm Industry Trade Association, is announcing it has retained Paul Clement and Erin Murphy of Clement & Murphy, PLLC, to represent NSSF in its appeal to the U.S. Court of Appeals for the Second Circuit in its lawsuit, NSSF et al v. James. The lawsuit challenges New York State's unlawful public nuisance statute, which is designed to impose New York-style gun control on the lawful sale of firearms and ammunition products by permitting lawsuits against members of the industry for the criminal misuse of firearms that find their way into New York even when the sale occurred wholly outside the State of New York and in compliance with all applicable federal and the state laws where it took place.
Paul Clement and Erin Murphy recently formed their own law firm after their prior firm, Kirkland & Ellis, abruptly announced it would, "no longer represent clients with respect to matters involving the interpretation of the Second Amendment." That announcement came just days after Clement and Murphy won the landmark U.S. Supreme Court case of New York State Rifle & Pistol Association v. Bruen in which the court held the Second Amendment protects the right of law-abiding Americans to carry a firearm in public for self-protection.
Rather than abandon their clients in the midst of ongoing representations, Clement and Murphy continue to stand by their principles and defend their clients' fundamental Constitutional rights. They wrote in the Wall Street Journal, "The American legal profession's willingness to take on and stand by controversial clients has made our system of justice the envy of the world. The profession shouldn't back down from its willingness to tackle the most divisive issues. We certainly won't."
"NSSF is proud to be represented by such accomplished and skilled appellate lawyers who clearly demonstrate the depth of character so badly needed in today's legal system," said Lawrence G. Keane, NSSF Senior Vice President and General Counsel. "Both Clement and Murphy demonstrated bold and decisive resolve to stand with their clients instead of abandoning them at the behest of their previous firm. They have a sterling professional legal reputation that is solidly matched with their fidelity to their clients. NSSF and our industry co-plaintiffs are in the very capable hands of the nation's premier appellate law firm of Clement & Murphy, PLLC."
Clement served as U.S. solicitor general during the President George W. Bush administration from 2004-2008. Murphy is an accomplished appellate lawyer who has argued several cases before the Supreme Court.
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SOURCE National Shooting Sports Foundation | https://www.kxii.com/prnewswire/2022/07/07/nssf-hires-clement-amp-murphy-pllc/ | 2022-07-07T15:26:56Z |
Best way to get rid of razor bumps
The best part about shaving is the smooth, silky feel it gives your skin. So, it’s annoying when your skin breaks out in small, irritating bumps soon after shaving.
Razor bumps are a common side effect of shaving any area of skin. But there are things you can do to speed up the healing process of razor bumps. Even better, there are things you can do to prevent them from happening at all.
What are razor bumps?
Also known as “barber’s itch,” razor bumps are small bumps that appear on the skin after shaving. The medical name for razor bumps is pseudofolliculitis barbae. Typically red, they can be irritating and painful.
Razor bumps can appear in any area you shave, including the face, legs, groin and underarms. In severe cases, the red spots can fill with pus and have a blister-like appearance. This happens most commonly in sensitive areas with folds of skin, such as the bikini line.
What causes razor bumps?
The root cause of razor bumps is ingrown hairs. After shaving, the ends of the hair sit right at the skin’s surface. The hair becomes trapped by dead or new skin cells growing over it. The hair then grows inward underneath the skin instead of up and out. The ingrown hair causes a bump; if the hair follicle becomes infected, pus forms around it.
Razor bumps are more likely to occur with thick hair than with fine hair. The skin around thicker hair produces more oil than fine hair, so it’s easier for the hair follicle to become clogged and drive the hair to grow inward.
How long do razor bumps take to go away?
Razor bumps usually clear up on their own after a few days. Severe cases can take up to two weeks to clear. If a bump becomes badly infected, it can take longer to heal and even leave a scar.
If you shave regularly, such as daily facial shaving, running a razor over existing bumps can irritate the skin even further.
Treatments and remedies for razor bumps
Apply a warm compress
Applying heat and moisture to the area helps the pores open up and gives the hair space to grow in the right direction. The heat also draws the ingrown hairs to the surface and helps them break through the skin.
Take a washcloth and wet it under the faucet. The water should be hot without being painful to hold against the skin. Hold the washcloth against the skin for five minutes. The warm compress is particularly effective in combination with other treatments, such as exfoliation.
Gently exfoliate
Exfoliation helps clear away any dead skin cells causing the ingrown hairs. However, it’s important to be gentle when exfoliating. Going too hard with an exfoliation technique can lead to further irritation.
Choose an exfoliating cleanser that is gentle on the skin. Avoid using exfoliating products on sensitive areas, such as the bikini line.
You can also use a skin care brush to exfoliate the skin gently. Choose a soft brush and move it over the skin in the direction of hair growth.
Apply salicylic acid
Salicylic acid is an ingredient in many skin care products, such as cleansers, peels and toners. It is a beta hydroxy acid and is highly effective at removing dead skin cells and other debris. Salicylic acid clears the skin without the need for rough exfoliation.
Using salicylic acid cleanser on razor bumps helps unclog your pores and reduce inflammation, thereby speeding up the healing of your razor bumps.
Use a soothing moisturizer
Keeping your skin clean and hydrated is one of the best ways to clear up razor bumps quickly. Moisturizing the skin keeps it supple and allows the ingrown hairs to break through faster.
Look for a moisturizer with soothing ingredients, such as aloe vera or tea tree oil. The properties of these ingredients speed up the healing process and reduce redness and irritation.
How to prevent razor bumps
Use a high-quality razor
Using the right tools helps prevent razor bumps by reducing the wear and tear on your skin during shaving. For example, the design of men’s razors provides a close shave on the face. Women’s razors are designed to remove hair on larger areas like the legs effectively.
Use razors specifically designed for the area of skin you’re shaving. For example, use a bikini razor for the areas in and around the groin. For shaving your face, a high-quality razor makes a world of difference to the finish you achieve.
Avoid dull or dirty razor blades
Dull razors are less effective at cutting hair, so you may need to go over the same area multiple times to achieve a smooth finish. This repetitive shaving irritates the skin and makes razor bumps more likely.
Your razor blades should always be clean. Rinse all hair and product from a razor after using it. Dry the razor after use and store it somewhere away from water. Leaving a razor somewhere damp, like the shower, allows bacteria to grow on the blades. The next time you shave, bacteria from the blade can transfer to the skin and contribute to razor bumps.
Shave in the direction of hair growth
Shaving against the direction of hair growth often leads to a smoother finish. However, pulling the hair away from the direction of growth can cause the hair to curl under the skin’s surface, leading to razor bumps.
Make sure to shave in the same direction as your hair grows out of the skin. You can still achieve a smooth and long-lasting shave with a high-quality razor and a sharp razor blade.
What you need to buy to get rid of razor bumps
Clinique for Men Aloe Shave Gel
This gel becomes a soothing cream when applied to the skin for shaving. While it’s marketed for men’s facial shaving, it works just as well for the legs and other areas.
Where to buy: Sold by Amazon, Sephora and Ulta Beauty
Use this gel on its own or add it to your favorite moisturizer for extra post-shave soothing. The aloe vera gel also contains manuka honey and tea tree oil to calm irritation and promote skin hydration.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/how-to-get-rid-of-razor-bumps/ | 2022-07-06T10:40:30Z |
Biden calls abortion restrictions ‘beyond the pale’
WASHINGTON (AP) — As Republican-led states continue to ban nearly all abortions, President Joe Biden said Friday that such restrictions were “beyond the pale.”
Biden and Democrats are trying to harness outrage over the Supreme Court’s decision to overturn Roe v. Wade, which legalized abortion nationwide, in this year’s midterm elections.
“You’re going to hear women roar on this issue, and it’s going to be consequential,” he said.
Biden made the comments at a White House meeting of state and local officials to talk about ways to expand access to abortion and to mark Women’s Equality Day.
Biden reiterated his desire for Congress to codify Roe v. Wade into law, but “we’re short a handful of votes,” he said.
Democrats would need 10 Republican votes to overcome a filibuster and get a bill through the 50-50 Senate, but only two GOP senators have publicly backed abortion rights. And even though they narrowly control the Senate, Democrats don’t have enough votes to sidestep the filibuster.
“The only way it’s going to happen if the American people make it happen in November,” Biden said.
In the meantime, Biden has been looking for ways to protect abortion access. But his options are limited.
Idaho, Tennessee and Texas are the latest Republican-led states to tighten their restrictions. They’ve been implementing so-called “trigger laws” that were put on the books to severely limit abortions if Roe was overturned, which happened in June.
Lina Hidalgo, the county judge from Harris County, Texas, called her state’s law a “slap in the face.”
“I think you speak for the majority of the American people,” Biden responded.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/26/biden-calls-abortion-restrictions-beyond-pale/ | 2022-08-26T16:55:01Z |
SILVER SPRING, Md. (AP) — Starbucks founder and new interim CEO Howard Schultz announced Monday that the coffee chain was suspending its share repurchase program to “invest more profit into our people and our stores.”
The pivot in strategy comes just three weeks after Starbucks announced that Schultz, who bought the company in 1987 and led it for more than three decades, would be taking over the company’s top role until it found a permanent CEO. Since that announcement, analysts and experts have speculated that Schultz was being brought back to help the company fight a rising worker rights campaign that has seen six of its stores voting to unionize since December, with at least 140 more in 27 states filing petitions for union elections.
Two weeks ago, baristas and other employees at a Seattle Starbucks voted to unionize, the first such vote in the city where Starbucks originated. Starbucks has 9,000 company-owned stores in the U.S.
Schultz’s blog post on Monday was filled with references to “partners” — what the company calls its employees. “My first work is to spend lots of time with partners,” Schultz wrote. “To lift up voices.”
In his previous time with the company, the 68-year-old Schultz successfully fought attempts to unionize Starbucks’ U.S. stores and roasting plants. Starbucks had to reinstate fired workers or pay to settle labor law violations numerous times under Schultz’s leadership in the early 2000s.
Last year, the National Labor Relations Board found that Starbucks unlawfully retaliated against two Philadelphia baristas who were attempting to unionize. The NLRB said Starbucks monitored the employees’ social media, unlawfully spied on their conversations and ultimately fired them. It ordered Starbucks to stop interfering with workers’ right to organize and offer reinstatement to the two workers.
More recently, on March 15, the NLRB issued a complaint against Starbucks alleging that district and store managers in Phoenix spied on and threatened workers who supported unionizing. The complaint says Starbucks suspended one union supporter and fired another.
In a November letter to employees, posted just before the first unionization votes at three stores in Buffalo, New York, Schultz said he tried to create the kind of company that his blue-collar father never had the chance to work for.
He recalled the trauma of his family having no income after his father suffered a workplace injury, and said that’s why Starbucks has benefits like health care, free college tuition, parental leave and stock grants for employees.
“No partner has ever needed to have a representative seek to obtain things we all have as partners at Starbucks. And I am saddened and concerned to hear anyone thinks that is needed now,” Schultz wrote.
Schultz is holding a town hall with employees on Monday.
Late last year, Starbucks announced that it was committing to a $20 billion share repurchase and dividend program to return profits to investors. It’s not clear how much of that figure would have gone to share repurchases.
Shares in Starbucks fell more than 3% in premarket trading and are down more than 20% since the beginning of the year.
Starbucks announced on March 16 that Schultz was stepping in to replace retiring CEO Kevin Johnson. | https://cw33.com/business/ap-business/starbucks-halts-stock-buybacks-as-schultz-pivots-to-workers/ | 2022-04-04T13:39:08Z |
UVALDE, Texas (AP) — Bullet fragments lodged in the children’s arms and legs. Traumatic flashbacks flooding their nightmares. For the 17 people injured during a mass shooting last week in Uvalde, Texas, healing will be slow in a community mourning the deaths of 21 others.
As the tight-knit town of 16,000 holds funeral after funeral and investigators examine how police responded to the shooting at Robb Elementary School, several of the victims are still in hospitals over an hour’s drive away in San Antonio, undergoing treatment for bullet wounds.
Uvalde Memorial Hospital, which treated 11 children and four adults in the hours after the shooting, discharged 10 of those patients the same day and transferred five to San Antonio hospitals. The grandmother of the shooter, who was shot in the face before the 18-year-old gunman entered the school, was also hospitalized. On Wednesday, the San Antonio hospitals were still treating five patients, with one 10-year-old girl in serious condition and the rest deemed to be in good condition.
Among the injured were several fourth-grade students whose classmates and teachers were shot to death. One young survivor, 11-year-old Miah Cerrillo, told CNN that she and a friend used her dead teacher’s cellphone to call 911 and waited for what felt like hours for officers to arrive. Miah, who suffered a bullet fragment to her back, said she covered herself with a friend’s blood and pretended to be dead.
“We’re just taking it day by day,” the girl’s father, Miguel Cerrillo, told The Associated Press in a brief phone interview Wednesday.
The family is raising money for Miah’s medical expenses to treat both injuries caused by the bullet fragment and the mental trauma of surviving the shooting. Cerrillo said that while his daughter is now at home, she has not opened up to him about what happened in the classroom.
The long-term devastation of the shooting on those who were closest to it hung heavily on their family members this week as they put together fundraising campaigns to help pay for their treatment.
Noah Orona, 10, was “trying to comprehend not only his wounds, but witnessing the suffering of his friends, classmates, and his beloved teachers,” his older sister Laura Holcek wrote on a GoFundMe page for his treatment.
Orona had been struck in the shoulder blade by a bullet that exited his back and left shrapnel in his arm, the Washington Post reported.
Family members of 9-year-old Kendall Olivarez posted in another fundraising campaign that she would need several surgeries after she was shot in the left shoulder and hit by fragments of bullets on her right leg and tailbone.
Her uncle Jimmy Olivarez said Wednesday that Kendall was doing “OK.”
Yet the mental wounds from the shooting rippled out far beyond the hospital beds to a community where parents have held children with racing hearts, where local police face mounting questions about how quickly they acted to stop the shooter and where mental health experts say the scars of trauma will be indelibly etched.
“They are holding onto this terrible, horrific memory,” said Dr. Amanda Wetegrove-Romine, a San Antonio psychologist who attended high school in Uvalde and assisted in community counseling services in the days after the May 24 shooting.
Children were having nightmares and clinging to their parents, she said.
One third-grader, 8-year-old Jeremiah Lennon, feared he would be killed if he went back to school after surviving the shooting in a classroom next to the room where three of his friends were slain. He was changed by the shooting, his grandmother Brenda Morales said, now sitting quietly, not eating much and just staring into space.
“He’s changed. Everything’s changed,” she said.
As Erika Santiago attended the funeral this week for 10-year-old Amerie Jo Garza, she recounted how her 10-year-old son, Adriel, watched in horror when the first images came out on the news and he recognized two of his friends from kindergarten: Amerie and Maite Rodriguez.
Although the Santiago family has moved and now lives in San Antonio, Adriel did not want to go back to his school: “He told me, “Mom, I just don’t feel safe.’”
Mental health experts said that because most of the victims were children, trauma can have a particularly long-lasting impact.
“They are in an important stage of development. Their worldview is forming and they are learning whether the world is safe or unsafe,” said Dr. Arash Javanbakht, who directs the Stress, Trauma, and Anxiety Research Clinic at Wayne State University.
“Trauma stays with children the rest of their lives,” he said, adding that childhood trauma has been linked to a host of health problems later in life.
In the communities across the country shaken by school shootings over the years — Columbine High School in Colorado, Marjory Stoneman Douglas High School in Florida, Santa Fe High School in Texas and Sandy Hook Elementary School in Connecticut — trauma has manifested for years. Survivors of Columbine, now adults, spoke out in recent days to say news of the shooting reopened the wounds of their trauma.
“I spent the formative part of my career in a Connecticut elementary school. I will never forget the ripple effect of fear and heartbreak that spread among students and teachers in the aftermath of the horrific Sandy Hook shooting,” U.S. Secretary of Education Miguel Cardona said in a statement Wednesday as he announced a federal program would be set up to offer mental health support in Uvalde.
Mental health experts said a range of support will be needed for the survivors, beginning with what is known as “psychological first aid” in the immediate aftermath to counseling sessions to address trauma symptoms that can last for months and even years. The ability of the community to come together to heal will also be crucial, with parents playing an important role in discussing emotions with their children.
“Support and connectedness with community members and fellow survivors can be a powerful source of resilience, collective remembering, collective healing and purpose,” said Nicole Nugent, an expert in treatment for post-traumatic stress disorder who works as a professor of psychiatry and human behavior at the Warren Alpert Medical School of Brown University.
Wetegrove-Romine, the psychologist, said Uvalde was a “close-knit” community where “everyone is connected,” yet the intense scrutiny of the speed of the police response has also prompted a “conflicted grief.”
She worried that in the small Texas community, where mental health resources are thin and what she described as a culture of stoicism that prevails among many, people won’t get help when they need it. She has begun collecting specialized journals to send to adults in Uvalde to help them process their grief.
“I worry about the long-term resources — there will likely be another shooting like this and resources will need to leave” to treat survivors of that tragedy, she said. “What happens to the people of Uvalde?”
___
Groves reported from Sioux Falls, South Dakota. Associated Press writers Jim Vertuno in Austin, Texas, and Jamie Stengle in Dallas contributed.
___
More on the school shooting in Uvalde, Texas: https://apnews.com/hub/uvalde-school-shooting | https://cw33.com/health/ap-health/day-by-day-uvalde-survivors-recover-from-wounds-trauma/ | 2022-06-02T22:43:41Z |
The new campaign showcases how bestselling, Bb.Hairdresser's Invisible Oil Heat/UV Protective Primer instantly cuts frizz by 50% compared to untreated hair.
NEW YORK, July 27, 2022 /PRNewswire/ -- Bumble and bumble announced today that it is partnering with actress Brittany O'Grady, for their new campaign celebrating the brand's #1 best seller Bb.Hairdresser's Invisible Oil Heat/UV Protective Primer. The multitasking Primer was shown to instantly cut frizz by 50% compared to untreated hair, and stay that way all day, even in extreme humidity.
Both at home and on set, Brittany is known for loving a range of looks – from smooth and sleek to natural, voluminous curls. Consumers and fans can follow Brittany through a day in her life with a new campaign video, where Brittany relies on her co-star, Bb.Hairdresser's Invisible Oil Heat/UV Protective Primer, to support her style all day long with humidity-tested, frizz reduction support.
"I'm so excited to be a part of this campaign for Hairdresser's Invisible Oil Primer," Brittany shared. "I'm thrilled to talk about a product that I truly love and that helps me so much on a daily basis. I don't have to worry about my style changing throughout the day because of frizz."
Corey Reese, Senior Vice President and General Manager of Bumble and bumble said, "At Bumble and bumble, we believe in really great hair on your own terms and Brittany embodies that mindset. She embraces a fearless approach to hair styling and self-expression, making her a perfect partner for this campaign."
Bumble and bumble #1 bestseller, Bb.Hairdresser's Invisible Oil Heat/UV Protective Primer, is a multitasking leave in treatment for all hair types powered by a signature 6-oil blend. In addition to featherlight moisture, it provides heat protection up to 450°F/232°C, has UV filters to help protect hair against the drying effects of the sun, helps protect color from fading for up to 16 washes, detangles to help protect against breakage, smoothes, softens, and adds shine. One Bb.Hairdresser's Invisible Oil Primer is sold every minute*.
The collection is available now at Ulta and Ulta.com, Sephora and Sephora.com, Bumbleandbumble.com, Bumble and bumble Flagship NYC Salons and Bb.Local Salons.
@Bumbleandbumble
#HairdressersInvisibleOil
#TakeFrizzOutOfFocus
*Based on internal sales data, 12 months ending January 31, 2022.
Bumble and bumble began as a New York City salon in 1977, where Bumble and bumble hairdressers clipped, colored and styled their way into prominence in magazines, on runways, and backstage around the world.
The brand is inspired by masters of the craft – hair stylists and colorists who are obsessed with technical and artistic excellence through bold self-expression. Bumble and bumble invents products to meet these professionals' exacting standards that are also easy enough for anyone to use. From the iconic, wave-enhancing Surf Spray to the bestselling, mega moisturizing Hairdresser's Invisible Oil range, these well-loved products are used by the pros in Bumble and bumble salons and by millions of people around the world at home every day.
At Bumble and bumble, we believe in really great hair on your own terms.
Our mission – to provide a range of high-performing products and techniques inclusive of every hair type, texture, and styling preference so that you can create the hair you want every day, every night, every time.
Pro-curated, backstage-vetted, and life-tested for real, powerful results.
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SOURCE Bumble and bumble | https://www.kxii.com/prnewswire/2022/07/27/bumble-bumble-partners-with-actress-brittany-ogrady-its-latest-bbhairdressers-invisible-oil-primer-campaign/ | 2022-07-27T18:40:39Z |
NEW YORK, June 27, 2022 /PRNewswire/ -- Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating USA Truck, Inc. (USAK), relating to its proposed acquisition by DB Schenker. Under the terms of the agreement, USAK shareholders will receive $31.72 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/usa-truck-inc. It is free and there is no cost or obligation to you.
We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2021 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.
If you own common stock in USAK and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2022 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
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SOURCE Monteverde & Associates PC | https://www.mysuncoast.com/prnewswire/2022/06/28/investor-alert-mampa-class-action-firm-announces-an-investigation-usa-truck-inc-usak/ | 2022-06-28T02:45:33Z |
ALPHARETTA, Ga., Sept. 7, 2022 /PRNewswire/ -- Avanos Medical, Inc. (NYSE: AVNS) today announced that Joe Woody, chief executive officer, and Michael Greiner, senior vice president and chief financial officer, will present and participate in an analyst-led fireside chat at the Morgan Stanley Global Healthcare Conference on Wednesday, Sept. 14 at approximately 1:30 p.m., ET.
A webcast of the conference presentation will be available on the Investors section of the Avanos Medical website and will be archived on that site.
About Avanos Medical:
Avanos Medical (NYSE: AVNS) is a medical technology company focused on delivering clinically superior breakthrough medical device solutions to improve patients' quality of life. Headquartered in Alpharetta, Georgia, Avanos is committed to addressing some of today's most important healthcare needs, such as reducing the use of opioids while helping patients move from surgery to recovery. Avanos develops, manufactures and markets its recognized brands in more than 90 countries. For more information, visit www.avanos.com and follow Avanos Medical on Twitter (@AvanosMedical), LinkedIn and Facebook.
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SOURCE Avanos Medical, Inc. | https://www.wibw.com/prnewswire/2022/09/07/avanos-medical-inc-present-morgan-stanley-20th-annual-global-healthcare-conference/ | 2022-09-07T12:00:21Z |
VISALIA, Calif., June 15, 2022 /PRNewswire/ -- Tulare County Health and Human Services Agency (HHSA) has been awarded a grant for $4,909,775.60 to partner with Kaweah Health for the creation of a child and adolescent crisis stabilization unit (CSU). The grant from California Health Facilities Financing Authority will allow Kaweah Health, an integrated health system serving Central California, to build the first 24-hour site for youth in crisis in Tulare County.
The CSU will provide crisis intervention services for children and youth under age 21, 24 hours a day, 365 days a year. It will be a 12-bed unit with four private rooms for acutely agitated children and youth, severely mentally ill children and youth, or very young children to separate them for safety. Services will include crisis evaluation, intervention, and stabilization, as well as psychiatric services and discharge care. Care will be given regardless of insurance status or ability to pay. Kaweah Health is establishing a temporary Visalia location and finalizing a permanent comprehensive child and adolescent behavioral health campus with multiple services.
"Mental health and wellness is a major issue in Tulare County. Children are among the most impacted portions of our population, especially as a result of the COVID pandemic," said Marc Mertz, Kaweah Health's Chief Strategy Officer, noting that today, these children are seen in local emergency departments or must leave the community for mental health services, while far too many go untreated. "Without this grant funding, the development of this facility would have been extremely difficult, if not impossible."
Kaweah Health will staff this new venture thanks in part to its Graduate Medical Education Psychiatry Residency program, added in 2013, and a new Child and Adolescent fellowship added to the program in 2021. The fellowship trains child and adolescent psychiatrists who will positively impact the health of youth and their families in the Central Valley with an emphasis on the underserved in rural communities," said Program Director Dr. Cory Jaques.
The Psychiatry residency is successful, with about half of its graduates remaining in the area to practice or get further training. Kaweah Health also has a 60-bed mental health hospital in Visalia, along with behavioral health treatment options at its Lindsay and Exeter clinics.
Kaweah Health is a publicly-owned community healthcare organization that provides comprehensive health services to the greater Visalia region and Tulare County. Visit www.kaweahhealth.org.
CONTACT: Laura Florez-McCusker, 1 (559) 624-5985, lflorez@kdhcd.org
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SOURCE Kaweah Health | https://www.mysuncoast.com/prnewswire/2022/06/15/kaweah-health-partnership-brings-youth-crisis-stabilization-unit-central-california/ | 2022-06-16T00:26:15Z |
About a month ago, Vicki Hankins and her husband were putting serious miles on their car while hunting for baby formula.
Now, instead of long drives every few days with uncertain results, they've been able to cut down to one long trip only once or twice a month. They don't worry any more about being able to find formula -- they just know they'll have to travel to get it.
Experts who are closely tracking the state of the ongoing baby formula shortage in the United States say stories like the Hankinses' are par for the course right now.
Formula availability is not back to normal, but for many families, it's better than it was even a month or two ago.
Before a nationwide infant formula recall by Abbott Nutrition in February and the subsequent shutdown of one of the company's major manufacturing plants, about 10% of infant formula products were typically out of stock, according to market research firm Information Resources Inc., known as IRI.
IRI's latest report says about 20% of all types of baby formula products were out of stock during the week ending July 24 -- the lowest out-of-stock rate since early June. Stock rates for powdered formula have been slower to recover. IRI data shows that about 30% of powdered formula products were out of stock the week ending July 24.
"There's no question that the situation where families are going into the store and finding absolutely no formula has gotten much better," said Dr. Steve Abrams, a neonatologist at the Dell Medical School at the University of Texas at Austin. "On the other hand, there are significant problems still in the system."
The US Food and Drug Administration commissioner said last week that formula production needs to continue at high levels for six to eight more weeks for supply to keep up with demand.
Programs designed to help families affected by the shortage are being extended, too.
Back in May, Abbott announced that in states where it held WIC contracts, it would cover the cost of switching babies to different brands through August 30 -- a signal that it expected the shortage could impact consumers for months.
Then in June, flooding from a storm again halted operations at Abbott's Sturgis, Michigan, facility, delaying its production ramp up. The Abbott plant is producing specialty Elecare formula again -- and shipping could begin "imminently" -- but the company has extended its rebates to states for another month.
Families who depended on certain formulas have already had to pivot to find new ways to feed their babies, and they may still have to use different formula brands, travel long distances to find it and adhere to stores' buying limits.
The Hankins' 9-month-old son, Orrin, is allergic to ingredients in standard baby formula and needs a hypoallergenic variety. He had been on Similac Alimentum, which is made by Abbott. By June, they were no longer able to find it in stores.
They could order it online, but it wasn't covered by benefits through Virginia's Special Supplemental Nutrition Program for Women Infants and Children, or WIC. When they got it from retailers like Walmart.com, they had to pay for it out of pocket -- an expense that strained the family's budget.
So, in July, Hankins worked with her state WIC program to switch her son to a different brand of hypoallergenic formula called Gerber Good Start Extensive HA, which is being flown into the US from the Netherlands. It's one of several overseas brands being sold in the United States since the shortage began.
Orrin had struggled to switch formula in the past, but he did great, Hankins said.
Still, the family travels about two hours round-trip from their home in Prince George County to get to stores that carry Orrin's new formula. But Hankins said she can always find the right one.
On their last trip, they found it at Kroger and Publix stores right next to each other and bought the maximum allowed: four cans at one store and three cans at the other.
"We got to use our WIC benefits for the month in one trip, which was great," Hankins said. "If I'm only doing that once or twice a month instead of every couple days, it really is such an improvement."
Vulnerable families still hit hard
For families who can be flexible with the brands or types of formula they buy or the amount they can afford to pay, the shortage has eased considerably. But for others, the pain continues.
Hypoallergenic and easy-to-digest formulas are still in very short supply, and Abrams said families that need them face hardships. Hospital dietitians are scrambling to track them down for families. As soon as they find a formula that a baby can tolerate, it may run out before it's even delivered to the family's home. Then the process of prescribing and ordering starts all over again.
Families that depend on WIC program benefits have more limited choices, too. Not all stores accept their benefits, and not all states have given families the flexibility to purchase alternatives if their normal brand is out of stock.
Families in rural areas, who may have only one or two stores in their area that sell baby formula, may also be looking at long drives to find more if those stores run out.
The federal government has been working to alleviate the shortage. The US Food and Drug Administration eased rules allowing foreign manufacturers to sell their infant formula in the United States. In July, the agency said it was creating a framework to keep the door to foreign formula brands open permanently.
The Biden administration has sped the delivery of some of those cans through its Operation Fly Formula. As of July 24, the White House says, 17 Operation Fly Formula missions had delivered enough powdered formula to make more than 61 million 8-ounce bottles.
"There's a backlog that's having to be filled out, but we are seeing measurable improvement," Dr. Robert Califf, commissioner of the US Food and Drug Administration, said Saturday on NPR's All Things Considered. "There's more formula on the shelves, and the production now is exceeding the demand by a significant amount every week. So we're on the road to recovery, but I don't want anyone to think we are sitting back at this point."
He said that when consumers see empty spots on store shelves, it doesn't mean that type of formula is entirely out of stock, but certain sizes of it might be.
When formula manufacturers need to step up production, they cut back on the number of products they make to speed the process. "Whereas they may have, let's say, been making a 1-pound, 5-pound and a 10-pound pack, they may reduce to just one type so that they can be as efficient as possible in turning out the formula," Califf said.
The key now is to stay the course, he said.
"What we need is just to continue for the next six to eight weeks for the production to far outstrip the amount that people need for their babies, and then we'll be back in good shape with regard to the volume of formula," he said.
Still, the country is not quite out of the woods.
How much longer?
Abbott said in a statement to CNN on Monday that it will be shipping Elecare formula made at its Michigan plant "imminently," and it's working to restart Similac production "as soon as we can."
Late last week, the US Department of Agriculture told states it would continue to cover the cost of non-contract infant formula to give families that receive WIC benefits -- like the Hankinses -- flexibility to purchase alternate sizes, forms or brands of formula. The benefit will continue through the end of September.
Geraldine Henchy, director of nutrition policy for the nonprofit Food Research & Action Center in Washington, said that although the extension is good news, "It does indicate that they believe that action is still necessary."
About half of the baby formula bought in the US is purchased through the WIC program, and those families continue to be disproportionately affected by the shortage.
"The infant formula system crashed, but for WIC, it really crashed," Henchy said.
The USDA has new powers through the Access to Baby Formula Act, which was signed into law in May. The agency recently announced that it would require state WIC programs to develop disaster plans in case of future baby formula supply disruptions.
The government is also making funding available to state WIC programs to speed the development of online ordering programs, since WIC families currently can't use their benefits for online purchases.
Vicki Hankins says she feels like the hardest days of the shortage are behind her.
She has begun to see her son's old brand, Alimentum, in stores closer to home, which has really helped ease her anxiety. She thinks that even if WIC stopped allowing her to use the Gerber Good Start Extensive HA, she could go back to what she was using before.
She knows that not every family has been so lucky. She hears from other moms on social media who are still struggling.
Henchy puts it another way: "I think it has really been traumatic for people."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/baby-formula-shortage-is-easing-for-many-but-it-still-isnt-over/article_321c4f22-47c9-528c-af9e-da84cff0f937.html | 2022-08-02T12:53:06Z |
FORT LAUDERDALE, Fla., May 14, 2022 /PRNewswire/ -- Publicly held JV Group, Inc. (OTC MARKETS: ASZP) announces the signing of a definitive agreement to purchase real estate property held by Abraxas Corporation with an estimated fair market value (FMV) of $5.5 million USD.
Under the terms of the agreement, which was unanimously approved by the board of directors of both companies, JV Group will purchase Abraxas's real estate portfolio as part of the initial acquisition of the Casamora Resort group of assets. In connection with this transaction, Abraxas Corporation shareholders agree to accept a portion of the purchase price in shares of JV Group at market price on the date of the updated appraisal.
JV Group's purchase of Abraxas's real estate assets are subject to customary closing conditions and is expected to close in the current Quarter. This acquisition will provide an immediate revenue stream and will provide significantly to the company's asset base, adding an estimated 8 residential units and a commercial complex that is expected to include a premiere health and wellness spa, a fully-serviced flexible co-working lounge and a private social club with roof top patio, into the company's planned rental and development portfolio.
As the first planned acquisition in the Country of Belize, management believes that these Casamora Resort assets fit perfectly with the company's strategy of creating a robust network of residential enclave communities in the Caribbean.
JV Group Inc. is a real estate investment and management company focused on creating value through targeting and acquisition of undervalued operating and shovel ready residential resort properties, development, and rebranding under the "Awaysis" Brand to create a network of residential resort enclave communities in desirable global travel destinations that will optimize both sales and rental revenues and provide attractive returns to owners and exceptional vacation experiences to travelers.
Statements in this press release that are not historical fact may be deemed forward-looking statements. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expect," "plan," "anticipate," "could," "intend," "target," "project," "contemplate," "believe," "estimate," "predict," "potential," "would" or "continue" or the negative of these terms or other similar expressions. Although JV Group, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, they involve numerous risks and uncertainties and JV Group, Inc. is unable to give any assurance that its expectations will be attained. Factors or events that could cause actual results to differ may emerge, and it is not possible to predict all of them. Our plans and objectives are based, in part, on assumptions and judgments with respect to, among other things, the successful roll-out of our business plan, including the acquisition, integration and operation of resort and residential enclave communities in Belize; our success in raising capital for operations and to implement our business plan, strategy and initiatives; projections of growth, revenues and profitability; our ability to address or manage local concerns in Belize; our expectations regarding the impact of general economic conditions on our proposed business; and the effects of the COVID-19 pandemic on the global and national economies and on our business operations and financial results; and our ability to satisfy Nasdaq listing requirements and otherwise uplist to Nasdaq. Our assumptions used for the purposes of the forward-looking statements represent estimates of future events and are subject to uncertainty as to possible changes in economic, legislative, industry, and other circumstances. Such forward-looking statements involve assumptions, known and unknown risks, uncertainties, and other important factors that could cause the actual results, performance or our achievements, or industry results, to differ materially from historical results, any future results, or performance or achievements expressed or implied by such forward-looking statements. There are a number of risks and uncertainties that could cause our actual results to differ materially from the forward-looking statements contained in this press release. Important factors that could cause our actual results to differ materially from those expressed as forward-looking statements are set forth in certain of our filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
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SOURCE JV Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/14/jv-group-inc-otc-marketsaszp-announces-plans-acquire-casamora-resort-assets/ | 2022-05-14T17:59:20Z |
WILLOW PARK, Texas, July 27, 2022 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: PFHC) ("ProFrac" or the "Company") announced today that it will release its second quarter 2022 results on Thursday, August 11, 2022 after the market closes. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, on Friday, August 12, 2022 at 11:00 a.m. Eastern / 10:00 a.m. Central.
For those who cannot listen to the live call, a replay will be available through August 19, 2022 and may be accessed by dialing 201-612-7415 and using pass code 13731713#. Also, an archive of the webcast will be available shortly after the call https://ir.pfholdingscorp.com/news-events/ir-calendar for 90 days.
About ProFrac Holding Corp.
ProFrac Holding Corp. is a growth-oriented, vertically integrated and innovation-driven energy services company providing hydraulic fracturing, completion services and other complementary products and services to leading upstream oil and gas companies engaged in the exploration and production ("E&P") of North American unconventional oil and natural gas resources. Founded in 2016, ProFrac was built to be the go-to service provider for E&P companies' most demanding hydraulic fracturing needs. ProFrac is focused on employing new technologies to significantly reduce "greenhouse gas" emissions and increase efficiency in what has historically been an emissions-intensive component of the unconventional E&P development process. For more information, please visit the ProFrac's website at www.pfholdingscorp.com.
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SOURCE ProFrac Holding Corp. | https://www.wibw.com/prnewswire/2022/07/27/profrac-holding-corp-announces-second-quarter-2022-earnings-release-conference-call-schedule/ | 2022-07-27T21:45:30Z |
BROOKLYN, N.Y., June 29, 2022 /PRNewswire/ -- Allentown, Pennsylvania based food + travel tech start-up Hawser unveiled "Course Restaurant Guide" to hospitality industry leaders, visionaries and investors at Indie Cultivate: An event series, hosted by the Independent Lodging Congress.
"Delivering genuine hospitality begins with seeing each guest as a unique individual with individual needs and unique preferences."
The event series described by emcees Andrew Benioff and Bashar Wali as 1/3 TED talk, 1/3 SXSW and 1/3 ALIS Conference incorporates a Shark Tank-style pitch competition which Hawser's Founder, Josh Sapienza won as best seed-stage startup.
Course Restaurant Guide matches you with restaurants that suit your personal taste and organizes your lists of the places you want to try or have tried, and don't want to forget.
Unlike restaurant recommendation resources like Yelp, TripAdvisor, The Infatuation or OpenTable that recommend restaurants based on what's hot or popular in a given city; Course takes a more personalized approach to recommendations by utilizing deep machine learning to understand it's members' preferences and then calculating each person's individual compatibility with restaurants and bars so that they can eat (and drink) like a local everywhere.
Is personalizing restaurant recommendations an entirely new concept? No. Not by a long shot. But those who have already demonstrated success, e.g., The Infatuation, Google, Trip Advisor and Ness Computing (purchased by OpenTable) have built their recommendation platforms with editorialized content or a heavy reliance on what "other people think" (i.e., public reviews and social media activity) which was groundbreaking 5-10 years ago in the "pre-bot browsing era" and long before social media activity (i.e., Likes, Shares and Comments) were monetized or charitably doled out in an effort to manipulate algorithms for greater exposure.
"We understand that taste is personal and because of the phenomenon known as 'Audience Effect' - we've found our anonymous first-party granular data to be the most reliable, informative and immediately actionable data out there." - Josh Sapienza, Founder
After creating a profile, you're asked to privately rate 20 of the restaurants you already know and to take a series of fun food quizzes. The app gradually learns more about your specific taste and displays a range of emoji faces that reflect your personal compatibility with different restaurants.
Sapienza is seeking seed funding to finance further developing Course into the perfect digital companion for the food-loving lifestyle traveler which includes the integration of a social component and a lodging plug-in.
Social influencers on TikTok, Instagram and even local restaurants groups on facebook have been giving restaurants with smaller marketing budgets more exposure over the last few years but Sapienza says: "There's still a lot more we can do to support those lesser known restaurants and bars that not only contribute significantly to the streetscape in their respective communities but also offer visitors unique and memorable experiences. That's our main focus - streamlining the guest's discovery experience as time and finances become increasingly limited."
You can learn more about Course Restaurant Guide by visiting their website: trycourseapp.com or watching this 60sec video: https://www.youtube.com/watch?v=teBdCcuYodU
Media contact: Josh Sapienza, josh@hawser.org
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SOURCE Hawser LLC. | https://www.mysuncoast.com/prnewswire/2022/06/29/pa-food-travel-tech-start-up-unveils-course-restaurant-guide-wins-hospitality-industry-pitch-competition-nyc/ | 2022-06-29T12:40:29Z |
MEMPHIS, Tenn., July 26, 2022 /PRNewswire/ -- Methodist Le Bonheur Healthcare has named Kate Dowd senior vice president and chief legal officer. In this role she will direct the Memphis-based integrated healthcare system's legal department and risk management goals.
"After a comprehensive nationwide search, it became clear the right candidate was already within our organization," said Monica Wharton, MLH executive vice president and chief administrative officer. "Kate's experience navigating complex healthcare-related legal matters gives me great confidence she will successfully lead our multifaceted legal affairs efforts and serve as a trusted member of our system leadership team."
Dowd has a decade of experience specializing in health and regulatory law, most recently serving as MLH's regulatory counsel. Prior to joining MLH in 2019, she served as an attorney in the Healthcare Regulatory and Transactions Practice Group at Butler Snow LLP.
"Our policies, best practices and unshakeable commitment to our patients enable us to deliver outstanding care," added Wharton. "Kate's core values align perfectly with our mission to improve the health and wellbeing of our community."
Originally from Charlotte, North Carolina, Dowd has called Memphis home for 17 years. She received her undergraduate degree from Rhodes College and graduated cum laude from the Cecil C. Humphreys School of Law at the University of Memphis. She is a member of the American Health Law Association, the Tennessee Bar Association and the Memphis Bar Association, and recently served as chair and president emeritus of the local Memphis Bar Association's health law section.
Photo 1 attached: Methodist Le Bonheur Healthcare has named Kate Dowd senior vice president and chief legal officer.
Based in Memphis, Tennessee, Methodist Le Bonheur Healthcare has been caring for patients and families regardless of ability to pay for more than 100 years. Guided by roots in the United Methodist Church and founded in 1918 to help meet the growing need for quality healthcare in the greater Memphis area, MLH has grown from one hospital into a comprehensive healthcare system with 13,000 Associates supporting six hospitals, including nationally ranked Le Bonheur Children's Hospital, ambulatory surgery centers, outpatient facilities, hospice residence and physician practices serving communities across the Mid-South.
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SOURCE Methodist Le Bonheur Healthcare | https://www.mysuncoast.com/prnewswire/2022/07/26/methodist-le-bonheur-healthcare-names-kate-dowd-svpchief-legal-officer/ | 2022-07-26T19:25:02Z |
GYEONGJU, South Korea, June 30, 2022 /PRNewswire/ -- The Gyeongju National Research Institute of Cultural Heritage(the GNRICH) released a news article series on the 30th about the lifestyles of Silla. In this episode, the article deals with seeds excavated in Wolseong.
In the middle of the Gyeongju Historic Areas, inscribed on UNESCO's World Heritage List, are included Wolseong heritage site, which holds the millennial history of royal palace of Silla.
Recently, relics that are rarely seen were excavated in huge amounts at Haeja, a pond surrounding the royal palace, which provide significant historic data to look through aspects of Silla.
In 2019, the Gyeongju National Research Institute of Cultural Heritage released a picture titled "One summer's day of Silla Wolseong" which captures a scenery of summer in the 5th century, which is about 1,600 years ago.
The plant in the picture is a detailed restoration of the natural environment after a scientific analysis of relics and pollens discovered in this site.
In deposited soil of Haeja, which is one of the historic sites of Gyeongju Wolseong, seeds and pollens were discovered without being damaged, which can be restored thoroughly.
The seeds from 1,600 years ago were well preserved for a long time because they were blocked off from the outside atmosphere, buried deep down at the sedimentary layer of the bottom of the pond.
According to the analysis, about 70 species of plant seeds were found in Haeja, including prickly waterlily, grains such as rice, barley, wheat, and bean, and fruits such as peaches and plums.
The most excavated ones are seeds of prickly waterlily.
Prickly waterlily is an annual plant living in a reservoir or a pond, and blooms purple flowers in Summer.
Based on the fact that only highest ruling classes of Silla including royal families wore official uniform in purple, it can be estimated that people of Silla considered purple as a precious color.
In addition, there were also traces of Silla people utilizing decorations by sewing up barks. In the sedimented layer of Haeja, a number of skins of pine nuts which seem to have been used after sewing up them, were discovered.
The research of plants excavated at the Jjoksaem site is acknowledged to have significantly contributed to the development of archaeology, which provides precious historic data about the lifestyle and thoughts of Silla people.
Website: https://nrich.go.kr/english/index.do
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SOURCE The Gyeongju National Research Institute of Cultural Heritage | https://www.kxii.com/prnewswire/2022/06/30/ecological-environment-during-silla-period-found-through-seeds-pollens/ | 2022-06-30T14:14:04Z |
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